81% drop in the share price in less than 3 months,
97.5% drop in the share price in less than 3 years
How is the pivot looking Palumbo you absolute useless pri ck !
There really is no bottom being set here for the z-list offload, they couldn’t even wait for the consolidation, they really don’t give a sh it about how the company is left, they just want out, Well done Palumbo how on earth can this be seen as aligning partners and suppliers with the company strategy
#Palumbo_What_a_muppet
#Pivot_to_Oblivion
92% drop in 52 weeks it’s not difficult to see there is an issue you don’t need to be one of the highly paid PhD’s that made the company about £200 a week to understand that.
The issue with the Shareprice drop isn’t one of the company going into admin, it’s simply no investor outside the z-list trusts Palumbo to value their interest over his own. The debt and warrants being racked up and confirmed in the EGM make this company worthless as an investment,
One action and one action only can save this from oblivion, the paying down of the debt with cash as soon as they can, but with this BoD attitude to investors that is unfortunately unlikely to happen
It's laughable when Logik would be better off paying the full Mcap for EQT and dropping the court case than paying the £4M that Palumbo says is owed !
Just shows what a F**kup this company now is, thanks to Idiot Palumbos's mismanagement
It's laughable when Logik would be better off paying the full Mcap for EQT and dropping the court case than paying the £4M that Palumbo says is owed !
Palumbo Bulls hit bingo
Pipeline of Pipelines
Strategic investor
Please to announce
Platform for growth
Pivot
Revenue Revenue Revenue
Shareholder interest at heart
Utmost respect for Retail investors (aka mugs !)
Absolute Bol locks !
It won’t be suspended, there isn’t the volume to warrant suspension, the market action is simply the z-list want to sell their feeebies but no one wants to pay what they want for them, the MM’s see this as a perfect storm to make money
Interesting that if this does continue to fall at the current rate the new consolidated share nominal value of €0.01 will again be below market value and prevent the DP from issuing more
whoever is offloading at any price unfortunately know something, and that knowledge must surely have come from one place the criminal duo that are palumbo and jv liar
if the egm vote is a forgone conclusion, then the next bad news must be that italy is still not up to scratch, originally the fixes were “early q4 2023” then “q4 2033”, so it looks once again the bul**** and bravado outways the capability , more of the the same with the bulls hitters!
The big question is what did they think would happen when they gifted so much equity at these levels to z-list bucket shops
So they either truly had no clue (unlike the rest of us) this would happen so should be sacked for incompetence, or knew exactly what they were doing and should be sacked for corruption
Either way both should be gone, we would be better off with the first two tramps we can find on the street, at least they would show some respect for others money
Https://www.proactiveinvestors.co.uk/companies/news/1029114/eqtec-management-express-optimism-on-longer-term-future-of-share-price-1029114.html
Just two months ago the corrupt duo began the shareholder final sting with this boll ocks!
If someone in a hoody with a knife had taken a fraction of the cash Palumbo and JV Liar have stolen from shareholders they would go away for a decade, Do it on AIM and they get away with every penny unchecked
Palumbo and JV liar have said nothing about the Shareprice action since the refinancing gifts, unfortunately that in itself speaks volumes
I am now intrigued as to how they will present the kill blow to shareholders, knowing Palumbo still with that slimy smile all over his face
If you voted for the refinancing congratulations you voted for this share action to continue for as long as the vampires needed to drain the carcass
AIM is the Wild West, full of charlatan criminals masquerading as businessmen. There is a good reason why AIM investments are recorded in the “unlisted” section on your self assessment returns, even the HMRC recognises it’s a casino!
Couple that enablement with the lack of scruples of Palumbo and JV Liar and shareholders have been put through the perfect storm
With this refinancing Palumbo had positioned the z-list investors to take over EQT at a bargain basement price, if they all take their warrants the z-list will be well over 50% as a consortium, at a value well under 0.075p, making it literally impossible for any holders anywhere above this threshold to recover anywhere near their investment,
If the company thrives shareholders get shafted, if it goes down the pan shareholders get shafted
They obviously know the results of the EGM vote and are sure they have enough to enable them to ride this to oblivion
Absolutely criminal what has happened here, unfortunately Palumbo has played the company into financial difficulties, only for he z-list mates to come riding over the hill and bale it out, whilst putting a bullet in the long suffering investors.
How does he survive in his role after performing so poorly, only if he is enacting "the plan"
What should he have done differently, well maybe not throwing millions of pound of investors cash at North Fork and Billingham in "unsecured" loans. which are wiped out at the swipe of a pen, keeping a bit in your own accounts to pay the bills would have been a stellar decision David, you absolute P rick !
You don't see the z-list offering EQT any "unsecured" cash now do you ?
“Not sure you can really say that there is a seller out in force.“
A drop in the bid and a spread of 40% is a clear indication the EQT shares are as desirable as an STI
Palumbo’s z-list mates are willing to sell at any level, they know they will get at least a 25% premium on the next tranche of gifts
The more they force the price down the cheaper the buyout will be, win win for the z-list, lose lose for everyone else
We have seen the film “Brewsters Millions” this is turning into “Palumbo’s Millions”
Destroy £50m with nothing to show for it and earn the big prize!
Clearly if the refinancing is voted for at the EGM next week this will continue unchecked Death by a thousand cuts, I’d rather rip off the bandaid and take the bloodsuckers with me
Absolute bunch of vampires gathered together by Palumbo and JV Liar for one reason and one reason only, protect themselves and their mates from the consequences of their incompetence
How can this corrupt BoD oversee a crash in the share price of nearly 97% in two years and still remain in place, that has to be the question on most people’s minds.
Palumbo’s and JV Liars actions surrounding unsecured investment and dubious financing can be directly attributed to the share price action so how do the duo survive, possibly by gifting equity to their mates that want to protect their palace at the trough