Member Info for DJP4976

Hardly shameful if they do a deal at multiples of todays share price. The people involved here who hold huge amounts of stock are all fully aligned.

Book has now firmed up, there was 5m available now 1.5m max before big premiums wanted

Certainly feels like something is close! I thought those 2 trades today were some sort of rollover or isa transfer, nice to know they were both buys 👍🏼

I’m genuinely fairly relaxed here to be honest. It’s just a game of patience. There is no way they aren’t going to do a deal that creates value from this share price considering the people involved at 0.2p! Anything below 0.2p should be considered fairly risk free!

Let’s face it, do you honestly think the people on this share register put in almost £4m at .2p to do a deal for any less! Any RTO will be priced at a bare minimum of 0.2p but I believe we’ll see a deal closer to 0.4p+ not forgetting Wilkinson, Hughes and Kamani have £3m worth of warrants at 0.2p also, they are going to want these well in the money.

I reckon we see all these warrants converted on RTO and a deal at 0.4p+ and IF, it’s a big if, but if the share structure isn’t altered a great deal on an RTO, ie no placing with retail, this stock is so illiquid it could see one hell of a move!

…unless those results aren’t being released as they are planning to tie them in with the incoming RTO target results also within the next couple of months - interestingly Reality Mine results delayed passed last years date also, something could be very close IMO

Yep 30th of June after which shares will be suspended until results are released.

I’ve had contact with Nigel about the results and he said results should be out late June but before month end, delays at auditors beyond companies control was what he said.

Not 100% sure if that is true as he obviously wouldn’t be able to tell me if the delay was related to a potential RTO, so possibly could be a bit of an excuse to keep me off his back, I’m not sure, time will tell IMO.

Either way it’s irrelevant to me as I bought in to hold for RTO news on the back of the names of the share register holders and the fact it was/is trading at a heavy discount to where their almost £4m went in.

Keep reminding yourselves that these holders aren’t multimillionaires because they like to lose money - the only thing you need here is patience, it will come good.

I personally don’t believe the results haven’t been issued at the end of March for any other reason than an announcement of RTO is close. Interestingly Reality Mines Results are likewise delayed passed last years reporting date, is that a coincidence also? Time will tell - keep saying it, big money went in at 0.2p from very influential people, the same people have 1.5 billion or £3m worth of warrants to exercise at that price also. Reckon we see them exercised along with any RTO, gives the incoming company plenty of cash and the 3 large warrant holders a larger piece of the pie!

Yes I totally agree with regards Reality Mine. Let’s see if our Annual Report gives any hints away as to timelines of a transaction. Realistically something needs to happen fairly soon for those 1.5 billion warrants to be exercised and be well in the money by the 3 year deadline from now. The warrant holders being simon, Richard and Mahmud might even elect to convert them once a transaction is announced we’ll see.

Personally I just can’t see how this doesn’t do multiples from this level. Yes it’s been a long wait, but with everyone who is involved here and with those £3m worth of warrants at .2p these guys will want the share price as high as it can be for maximum returns

No it’s not it’s a transfer from broker to broker - see todays Cantor reduction RNS - question is why the sudden activity and shifting around of stock - is it because a deal is close and everyone getting their affairs in order or because of the recent Monecor/OvalX fall out?

Time will tell…

That’s my Bed and ISA done

Yea nice couple of buys today, looked like it could have been a roll or transfer but the BID and ASK both moved so must be 2 buys!! Hoping whoever it was doesn’t buy anymore until 6th as want to get as many as I can in the ISA whilst at lows

OvalX closure means any stock held by the CP there is being transfered to any other broker

Actually my bad, just been made aware likely holders from monecor/ovalX transferring out to CMC or Spreadex due to OvalX closure.

Not sure who the nominees are behind the monecor holding but I presume maybe one of the concert party - they’ve reduced by 117m or over 4.5% that clearly isn’t an on market transaction, so now we wait to see who has picked those up shares up.

Maybe one of the concert party needed the cash and another of the concert party stepped in to take them, who knows, guess we’ll find out shortly

https://www.locationsciencesgroup.ai/investor-relations/

Just an observation, noticed today the website is down, it’s previously been active and updated to the new management and Concert party etc, last looked last week when it was live.

Could be nothing, but…

First chunky buy for a while, nice to see others happy to pay what the directors and CP did 2 years ago, results end of the month hopefully shed some light on how a target company is coming along

Sorry that was meant to read ‘couple of old articles here, but worth a read’

Yes I fully agree whatever they originally had lined up for this fell through for whatever reason and since have been searching for the right target.

There’s so many big names on that share register for a micro cap it’ll have its day on news and there after.

Richard Hughes being one of the biggies also, serial deal maker, whose wife or daughters (I’m not sure which) are on the share register in the CP also Rebecca and Abigail Hughes, both own 50m 1.89%.

Couple of articles here, but worth a read.

https://www.manchestereveningnews.co.uk/business/business-news/having-fun-is-a-big-deal-for-ian-1126554.amp

https://www.manchestereveningnews.co.uk/business/business-news/zeus-pairs-midas-touch-943080.amp

I had contact with Nigel a couple weeks ago.

That was my original thoughts also M19 and maybe fell through for whatever reason, as you suggested you would have thought the CP had a target lined up.

The fact is, in my opinion it is a buy and hold anything sub 0.2p, as let’s face it, there isn’t going to be a deal done at a price lower than that, no one likes losing money and the people in control have substantial amounts invested at that price, if they want to reward themselves for the last 2 years they need the price substantially higher than that and it also needs to be comfortably north of 0.3p for a prolonged period for their warrants to kick in also as per the placing RNS.

Like you, I don’t have a clue what the target is, but I trust the fact there are some high profile names on the share register and management that will want a decent return, results end of the month may bring an update.

Once a deal has been done, it could potentially make headlines considering the Kamani’s involvement and if the share structure is unaffected, this could just be one of those big movers IMO.

By share structure being unaffected, I mean no retail placing, any incoming company the vendors will likely be issued shares with a lock in, if that is the case and no further funds are raised with retail investors this could do a spectacular move considering it currently moves hard each way on a few thousand pound worth of trades.

It’s been a long wait almost 2 years, but I think asking for promotion at a shell company, which lets face it, LSAI is, is quite unfair. Until a deal or RTO is announced, they simply haven’t got anything to promote.

Any issues, I urge you to contact either Nigel or Simon. I’ve had contact with Nigel and asked if much activity was going on behind the scenes. Obviously he couldn’t say a great deal but he assured me a lot has been going on behind the scenes and advised they had looked at multiple companies, but would rather take the time to find the right deal that’ll create shareholder value than doing a deal for the sake of just doing one, which I fully support.

He also reminded me that he and simon have invested significant funds along with the majority of shareholders at 0.2p so they are fully aligned with shareholders to do a deal that creates value, and also they have been taking payment in shares at 0.2p also! Let’s not forget Simon also has 500m promoter warrants that expire in 3 years so something needs to happen reasonable soon to start getting the share price moving so they are well in the money.

For clarity I hold 1% here

I certainly wouldn’t be against such a target as that has blue sky potential