Member Info for Docit

I topped up today for the first time under 8p. Hope my timing was spot on

Piers Pottinger has stepped down as chairman at AIM-listed MySquar Limited (DI) (MYSQ) amid an ongoing internal inquiry into “financial irregularities” at the app developer. Pottinger had been leading the inquiry but he believes interim chief executive Stephen Chong and Stephen Austin, a non-executive director, are better placed to find out what went wrong. Pottinger — formerly of collapsed PR firm Bell Pottinger — had been absent from the company through illness and as a result he was not made fully aware of expenditure and financing details at MySQUAR. A source close to Pottinger said: “Piers thought about it overnight and thought ‘what am I adding here?’”

I think a few have been caught with their fingers in the pie.

I think we have genuine concerns but excusing them also. No other choice at this stage i guess.

Thats the lines i was thinking along also. But would they have had to announce that in an RNS also by now, if that was the case. My personal feeling is that they have so much going for them, that they will come back on line. Heres hoping.

This share should now be rising at this point. Cannot understand why no momentum. We should of had some form of update by now. I would guess that we are on our way to the next level by now based on past estimates. I can only assume the gov are not allowing the release of information. However AAOG have an obligation to share holders also. Observations please?

Agreed as per statement below. However the 600k raised was reversed shortly after when appointing SVS. Hoping they have remained. The Company is also pleased to update the market on its Key Performance Indicator ("KPI") reporting and provide further details on trading in the year ended 30th June 2018 following the trading update announced by the Company on 5th October 2018. Placing and Appointment of Joint Broker The Company has raised GBP 600,000 before expenses, by way of a placing of new ordinary shares in the Company arranged by SVS Securities plc. The Company will utilise the funds to fund the marketing and promotion of its mobile money product, working capital and general corporate expenses. To date, the Company has not drawn on the available loan facility of $1m provided by Rising Dragon Singapore Pte Ltd. Application will be made for the Placing Shares, which will rank pari passu with the Company's existing issued Shares, to be admitted to trading on AIM. It is expected that Admission will become effective and that trading in the Placing Shares will commence on or around 5 November 2018. SVS Securities plc has been appointed Joint Broker to the Company with immediate effect.

I think we may need to find a new broker within 30 days or we will be delisted. In which case we will need to find alternative methods to market shares. Or do we have a second broker ?

Shares suspended. Ouch

I know it's a year or so ago if not more, but may help to calm the nerves. Re cement the reasons why for us.

https://youtu.be/3iEPCOwGXAg

Also is that not an admission in itself, to say that he would let us know as we hit each horizon of the three but that full evaluated results would not be released until the drilling had finished.

Exactly JR. Someone said run and many run off the damn cliff. Cheap shares at this stage. 50-50 chance make or break.

I think we may well have a big bounce tomorrow as pi's realise the mistake of hearing wrongly on the podcast today. Also first horizon getting ever closer. Scramble at the open me thinks.

If we sell or buy. This will not effect the outcome. I bought today and if it drops further, then i shall buy more. Less cost to me less risk for more shares. Win or lose i will stay in for the results. Waited this long, i can wait a little longer. Why run at this stage.

News indicates from this coming Sunday when sanctions kick in with Iran, that alternative options would be Africa to help make up shortfalls. Hurry up AAOG. Faster faster.

I guess it will give it an official line of a rubber stamp of approvals. Trust, confidence and kudos to assist a smoother line of progress.

Oil and gas exploration company Ascent Resources (AST) plunged as it threatened to take the Slovenian government to court in the EU. Ascent has been seeking an environmental permit to launch its Petisovci project for five years, and said it had received repeated private assurances from senior officials at Slovenia’s environment agency saying the permits would be confirmed. But more recently, it had failed to get ‘any meaningful comment’ from the agency or Slovenia’s new environment minister Jure Leben. Chief executive Colin Hutchinson said the company was exploring options to challenge both Leben and Slovenia in the EU courts. Shareholders seemed unconvinced that this would produce any positive results and shares fell by 0.25p, to 0.5p.

In the Uk when dealing with financial licensing, you would need to demonstrate that you are as a person or company, to be solvent. Therefore is it not possible that the 600k way well be to keep the company in that position on order to obtain the central bank licence.

Why are share holders selling at this point and at this level. With less than a week to go, i see this as a fantastic risk reward. I don't get it.