Member Info for Ctw2014

I am not too bothered by this fund raise, and as you say, having a supportive investor like Sea Pearl is a positive (quite a big one for me).

Some delays are down to slow regulatory approvals, which are outside the company’s control.

For me, there are too many near term improvements in the pipeline (as per the interims) to ignore, and I do feel that break even/profitability are not far off.

The funding may simply be needed to deliver on pipeline projects.

Accordingly, I have just topped up.

I feel your pain and am 71% down here myself. However, personally, I blame the AIM market currently more than the company. I am seeing the same thing across AIM and 2023 has been dire. Most of my portfolio has been decimated. I have another tech stock down exactly the same amount today on a similarly small number of sells. People are understandably giving up, but I am just going to stick it out and wait for the recovery. I would actually top up here, if II would only let me add more cash to my account, which bizarrely I can’t do at the moment (waiting for a response to my email on that).

Yes, Governments are catching on slowly, albeit so far only in far flung parts of the World.

Recent presentations etc KC seems to have homed in on “probably November but certainly 4th quarter “

Ewave Mobile are a decent size company in their own right but are also part of the Ewave Group employing nearly 1000 professionals around the world. They can be found easily on google.

They haven’t taken a huge chunk until they convert and until then there wouldn’t be a need for a TR1, as I understand it.

Of not or

He may not have an obligation to do so, but he would be doing us all a big favour if he did. I really would like to see an investigation or wrongdoing here.

Brennan was only a part time appointment made in May 2022 and given what he was appointed for can we really say his appointment was a roaring success?

Agree Troy. The contrast with the 4th July RNS is quite marked and it’s worth noting that Shaun Robinson when leaving said encouraging things about the company (he is a big holder) and referred to allowing the company to make fresh appointments (plural) to guide the company in the next stage of its evolution, or words to that effect.

Every day Modern Water post on LinkedIn as if it was business as usual. Very odd, and quite annoying really.

Thanks for posting.

It’s all deeply odd. I hope someone with the necessary clout and interest sets up a ‘class action’ or whatever to seek some redress for shareholders.

They were probably waiting to the end of July hoping to close on one of the “several key projects” that they say are near to commercialisation and somebody was off sick or something and hence they missed their own deadline by one day.

One day late is surely not a hanging offence. No surprises good or bad.

Very interesting. I think it’s entirely possible that the redundancies of “all remaining staff” referred to in the last RNS were just Deepverge Plc staff and that the subsidiaries are still functioning. Modern Water social media activity carrying on as if it’s business as usual. All as clear as mud.

Yes indeed. £10k plus gone up in smoke. Not as much as others but a hefty chunk for me. Would love to see them brought to book.

Really good interview with clear timescales for major milestones. Very happy to be invested here. My biggest holding. GLA.

Promising but market cynical given previous announcements which have yet to deliver material sales/revenues. Also no timescale for launch stated which is disappointing and simply leaves investors in the dark guessing.

He has to say they will take it to production, and demonstrate a plan, progress and willingness to do so, to get the best price imo.