Member Info for Computer909

Absolutely shocked, NOT! that Palumbo has missed another self imposed deadline, you’d think £500k wasn’t a lot when you consider the idiot has squandered £50m in the last three years but when you think £500K is three times the reported six month revenue generated by all 27 staff, you would think Palumbo would have it under control, more than likely Verde’s due diligence has discovered what a pair of buffoons we have running this company and they have ran a mile

There is one thing i have to say is stunningly consistent with the current BoD, DISAPPOINTMENT!

No announcement of Cash received today?

The quality investors that the investment bank Dodgy Dave has partnered with to find investment is providing such stunning strategic partners its unbelievable, about the same quality as the current directors.

We can all hear Palumbo's keyboard clicking now ready for later or monday D E L A Y.

Another date to look out for 8th March 2024, when Verde's $500K is supposed to arrive, I expect though Palumbo will be using the favorite keys on his keyboard again D E L A & Y

Palumbo and JV Liar will be gone soon, even they can't cling on with this level of performance.

All eyes should be turned to 30th June 2024, why that date? that is the date for some reason Palumbo has tied the z-listers into not selling/converting before (even had to pay YA-RF £50K to not offload before then. So why?

There are a number of possible reasons, but the one i am clinging onto is that the pair of idiots are looking to bail and think they can be gone be the next AGM which obviously will be as late as possible ie 30th June, or there is some hidden bonus for them on this date.

Realistically it's more likely the idiots are trying to prevent a further tank of the shareprice due to their shenanigans before the AGM so they can cling on a bit longer. Who on earth would take these two Kn obends!

What going on with these previous day(s) trade, over 3% of the company listed today from the 4th and it didn’t move the Shareprice at all, some more of Palumbo’s shenanigans going on? The same to a smaller extent all last week

AEG Management are on a par with Palumbo, the $1.5M recovered wont last long !

"I can't get my head around why the SP is struggling below 5p, it doesn't make any sense to me."

You and the rest of us!, as has been said before, the market has slammed retail investors so much over the last couple of years that there is very little cash left in the market, the retail investors left in the market are looking for a quick buck rather than a solid long term return.

Shambolic, the smirking idiot Palumbo will have already spent this cash so when it falls through as it obviously will he will need to get the urgent discount begging bowl out again, just to give shareholders another kick in the nethers!

how many times and how many different ways can the idiots that run this company screw up.

Sentiment will only change with a change in management, simple as !

verde were clearly hoping to churn these shares and make a quick buck, now they are looking at the shareprice performance like the rest of us and thinking *******kkk!

palumbo and jv liar have probably spun them a yarn again but the emperors new clothes are a bit worn thin now !

This is the type of thing that happens when your credit rating is zeroed and the only lender you can get is “yes car credit” or “ocean finance”.

Another quality financial decision from the master financier that is smirking Palumbo.

Not surprising though really, the D E L A Y buttons must be worn out on Palumbo’s keyboard, they are the only ones he really uses.

Eqt without the current duo in charge could be the most attractive investment in the sector today, for a medium term return, with them still in charge I’m afraid the share is toxic. The duo’s shenanigans and downright dishonesty is always overshadowing the company. Many investors will have taken the time to review exactly what news they have released over the last 36months and be bewildered how the narrative of pipeline of pipelines , tier 1 partners, and joint agreements ends with latest 6 monthly revenue figures of just £142k, more equity raises than you can count and a MCAP of £4m.

With the duo still in charge every piece of good news will always be questioned with “what are they not telling us this time”

The next 6 months will determine the long term future of this company, without Palumbo and JV Liar it will fly, with them still at the helm it will always struggle to recover its reputation

Well Dumbo David or Pillock Palumbo whichever you choose to refer to him has to be sat (still with the smirk on his gob) and wondering why PHE gained 65% today with 1036 trades while EQT drops by 2% with 36 trades even when we are sat at a crisis valuation.

Well Dumbo it's down to you printing confetti over and over again quadrupling the issued equity during your tenure, no one believes that you won't raise again and again and again. so why would they invest here while you are still in charge!

You have raised, borrowed and failed to increase revenue, the full recipe of destroying investor sentiment and whilst the company isn't profitable, soundly biting the had the fed you. You absolute incompetent charlatan.

We will see the valuation of the mythical "Assets" that Palumbo has spread across the world at shareholders expense when/if the trading update is published.

@Simms your comment regarding "a lot of the £50M" being invested in Italy is way off the mark, EQT's shareholder loan listed in its last accounts for the Italy MDC was £1.6M, not even Palumbo or the CFO that couldn't count can claim £1.6M is a lot of £50M.

Palumbo and his pals have squandered millions and brought this company to the brink of existence with mismanagement and vanity.

Palumbo really spent the last two years blaming the market for the share price action, his favorite saying was EQT was performing in line with its peers, how is that looking now David, now your actions have turned EQT into the leper of the sector.

PHE's shoots of recovery is proof there is still investors willing to put money into this sector, problem being none of them trust the EQT management as far as they can throw them. It will take a lot for investors to recover any faith here after being diluted/destroyed so severely.

Palumbo and JV Liar have to go if we are to see any recovery in EQT, I still don't understand how the bad smell ,that this duo are, is permitted to remain in their jobs after such poor performance.

If the CTO needs to remain (and he hasn't covered himself in glory) then so be it, but Palumbo and the Liar surely have to go, and good riddance!

"EQT did no mistake"

Palumbo threw shareholders money around like sweets at a carnival, giving unsecured loans to failing projects whilst racking up crippling debts and not maintaining any cash reserves because his attitude is that he can always issue more confetti for some more cash if needed, all while the market turned and shareholders got burned to within a fraction of existence.

Palumbo the "financial wizard" is an absolute idiot with and an idiot's smirk firmly fixed to his face. His only concern now is to bail out Altair and he doesn't care who he takes down to achieve that goal.

The great pivot is an act forced on them by incompetence, they burned through shareholders cash at such a rate whilst not increasing revenue at all. Now they are brassic and can't throw money around the "quality" partners the company are inbed with are quite happy to try and cut them loose , Logik for example played lipservice to Palumbo and JV Liar whilst they were throwing cash on the fire to support a failing project, now that has dried up Logik want nothing further to do with the pair of idiots.

The only shining light for EQT at the moment is David Le Saint in france, he seems to have his head screwed on, problem being tweedle dum and tweedle dee aka Palumbo and JV Liar now seem to be sticking their nose in over in france too.

@CleverThoughts, was that through your broker, in which case can i ask which one? I never received anything from either the company (after asking directly) or from AJ Bell

I am curious if anyone received details of the AGM prior to the vote, either directly or through their broker?

Where is the trading update, surely on of the 27 staff can spare 10 mins from creating less that £250 per week to produce an update on just how incompetent the two idiots have been in the last six months of last year, we already know they have had to pass the begging bowl around so what else are they hiding, They are late with everything so not surprising the will leave that update till the very last moment I suspect it will be may before they tip their hand!

Anyone received notification of AGM listed under https://www.lse.co.uk/news/BRES/ for tommorrow?