Member Info for Computer909

‘Promoters of gasification and pyrolysis schemes… regularly make bold claims about the technological, environmental and financial performance of their proposed facilities with a mixed waste feedstock. In reality, where such configurations have been attempted they have either failed to live up to these claims or operators remain suspiciously quiet about reporting actual performance.’

Basically sums up DP to a tee !

‘Did we have an Italian MDC which had taken waste olive pulp and turned it into biochar this time last year C909?‘

Well we did have an expectation of getting, Deeside, Billingham or at least North Fork over the line, instead we have delay, defer and deflect the DP trifecta, is should that be beg, borrow and bull****?

Once again a trading update from EQT turns out to be a damp squib

Will the idiot DP ever achieve anything or just continue to fleece investors for his own/Altair’s benefit.

This year trading update could equally have been last years or the year before, the only difference being the amount of cash DP has begged and blown, and the dates increased by two years.

The odds of multiple large investors dumping together and being able to maintain the share price for the offload at 0.28 with such large chunks on a daily basis seems unlikely,

No one knows at present but we be will surely find out sooner or later.

I think it’s all being played out by DP to his/Altair benefit.

And if it turns out to be the case realistically his position with other shareholders will be untenable.

“Almost 5% between them which is 500m shares“

So you prefer that two of the biggest institutional holders of EQT have dumped their entire holding?

"So far that we are aware of, Altair haven’t sold a single share in 3 years."

So the hypothesis is ..

End of 2022, Altair comfortable with its position, EQT needs cash injection.

DP/Altair develop a strategy to inject cash into EQT without increasing Altair's exposure.

Altair loan for £2M which will be eventually paid in shares.

Altair proceed to recover £2M from its existing holding knowing the shares will be converted in order to recover its position.

Result = Cash injection for EQT, position maintained by Altair

Altair is basically protected from market swing by 2% arrangement fee, 8% interest and 666M warrants.

We wait to get the Altair RNS when they have finished selling, could be another 30-60 days away.

DP the financial wizard when it comes to feathering his own/Altair's nest.

"Could in fact be the seller here Its called market making"

The EQT "Market size" is only 200K , not the millions that are being moved daily in the last three months

@TryTryTryAgain Unless you missed it "that doesn't even take into account what went on in November & December"

And that doesn't even take into account what went on in November & December !

In the last month only someone has offloaded £775K totaling over 280M shares

Has to be DP/Altair manipulating their holding in anticipation of loan conversion, and warrants

2/2 = 20M (56K)
30/1 = 10M (28K)
26/1 = 5M (14K)
26/1 = 5M (13.8K)
24/1 = 8M (22.4K)
23/1 = 4.5M (12.6K)
20/1 = 12.5M (35K)
20/1 = 10M (28K)
19/1 = 10M (29K)
19/1 = 5M (14K)
18/1 = 25M (70K)
18/1 = 25M (70K)
18/1 = 22.5M (63K)
17/1 = 2M (6K)
16/1 = 2M (6K)
13/1 = 17.5M (49K)
13/1 = 7.5M (21K)
13/1 = 12.5M (35K)
13/1 = 2.5M (7K)
13/1 = 25M (70K)
12/1 = 1.5M (5K)
11/1 = 5M (14K)
10/1 = 7.5M (21K)
6/1 = 5M (14K)
6/1 = 7.5M (21K)
5/1 = 6M (17K)
4/1 = 7.5M (21K)
3/1 = 10M (27K)

"No large after hours trade"

Spoke too soon, 20M again today !

No large after hours trade, let's hope 31st Jan was Altair's cut off date.

"i do not think Altair can sell shares as it would have privy information as DP is basically operating Altair through Origen capital"

From the loan RNS "The Company's entering into the Facility is therefore a related party transaction pursuant to Rule 13 of the AIM Rules."

We all know that the AIM regulation is a joke so DP/Altair/Origen can basically do what they want.

It will be interesting when Altair have finished adjusting their position, will the idiot DP be more than happy for the shareprice to drift lower than the 0.28p it looks like they based their sell on, so they can pick up cheaper shares when they convert the loan repayment.

I suspect this is all being managed between Altair and DP to reward Altair even more than the 2.5% arrangement fee and 8% interest, we hope that their longer term plan is for the shareprice to rise, but it looks currently they are looking to bleed the shareholders at these levels for their own benefit.

It’s beginning to look like DP/Altair’s still haven’t achieved their goal yet with another 31m+ passed off today!

"I don't believe this is Altair selling... They bought at 0.45p then 1.5p then 0.5p and haven't sold a single share. They are building a position not selling their position."

I don't think Altair as selling "down" their long term position, what I do think is that they are selling ahead of getting more shares from the loan payment and warrants, so not to increase their position.

DP / Altair have sold themselves as the saviors of EQT but in reality they are simply managing the position ahead of converting the loan payments, whilst not increasing their exposure.

https://simplywall.st/stocks/gb/capital-goods/aim-eqt/eqtec-shares/valuation

The only "good" metric from simply wall street is expected future growth, but experience tells us that DP and gang are experts at promising lots but delivering very little.

December for that last several years has been the month of disappointment when DP has to fess up, admitting what he promised the previous year hasn't been delivered yet again, and the only thing they have achieved is paying their inflated salaries for another year. (Although this year it looks like DP will notch up boosting Altairs holding on the cheap as a major achievement)

DP's mismanagement coupled with the company's idiotic communications is crashing EQT onto the rocks over and over again.

The managed sales from the last three months has to be Altair and has to be under control / the brainchild of the CEO.

Looking more and more like there is an issue with the MDC they aren't admitting too, In reality it's probably a teething issue that should have been expected, but the idiots in charge with the "Looking a lot like christmas" idiotic post again make them look incompetent.

"wait patiently for the company to do its thing for the benefit of all shareholders"

Only one shareholder DP is interesting in benefiting .... Altair

‘clear and unambiguous statement“

Unfortunately the snake oil salesman that is the EQT CEO, couldn’t issue a clear an unambiguous statement to save his life, he is the smoke and mirrors king, who hasn’t ever met a deadline and his favourite past time is issuing shares or borrowing cash to keep his salary funded.

There are only two things DP cares about, himself and Altair, so basically himself.

Will we get commercial operations commence statement in January, or do DP and Altair need longer to manipulate their position more?

DP's / Altairs financial skulduggery looks like it will continue into another week!

Looks a lot like christmas, I think EQT are going to have to start adding the year to the tweets/ LinkedIn to avoid confusion !