Member Info for EarlofAim

what is fascinating about these two cyber security companies is that both do similar thing like

-Manage, Detect, Response MDR,
AI Artificial intelligence
-Cybersecurity
-Deal with threats before it gets through

However one of big difference is
Dark trace Mcap is £3.4Billion
ECSC Mcap £6m

more research to follow....

the level of ramping to get few quid is unbelievable.

anyone wants to form an opinion on this company is urged to read 8 April Rns.
then come and tell me what you found, this will be de listed or Bust, no third option.

Read Rns

where do you guys see this is listed on Nasdaq?
I can only see AIM listed.
I'm I missing something here

I see as PI being shafted here

Read again please
Company has entered into a non-binding term sheet with the Noteholders to amend the NPA to provide up to £15 million in additional loan notes. The initial tranche of additional loan notes will be £5 million which will be accompanied by the grant of warrants to subscribe for 8,239,957 ordinary shares at an exercise price of £0.10. Further additional loan note financing will be drawn in tranches up to a maximum aggregate of £15 million (including the initial tranche). The additional loan notes will be convertible into ordinary shares, and the existing loan notes will be amended to provide for equivalent conversion rights. The term sheet provides for certain amendments to the NPA which would require the Company to seek certain shareholder approvals at a general meeting. These approvals are summarised below:



- to subdivide and re-designate each ordinary share into one ordinary share of £0.008 each and one deferred share of £0.092;

- to grant rights to convert all outstanding and to be issued loan notes into ordinary shares and dis-apply the statutory pre-emption rights in respect of such conversion;

- to cancel the admission of the ordinary shares to trading on AIM;

- to amend the articles of association to set out the rights of the deferred shares; and

- to waive any requirement for the Noteholders to make a mandatory offer for the Company under Rule 9 of the Takeover Code.

two possible outcome

-Unable to continue beyond this month, April if no funds are available.
or,

if funds received then Delist is the criteria for release of funds

you tell me Where's the deramping,
its factual information I'm posting.

make money yeah but not on deciet.

to subdivide and re-designate each ordinary share into one ordinary share of £0.008 each and one deferred share of £0.092;

- to grant rights to convert all outstanding and to be issued loan notes into ordinary shares and dis-apply the statutory pre-emption rights in respect of such conversion;

**** to cancel the admission of the ordinary shares to trading on AIM;**

- to amend the articles of association to set out the rights of the deferred shares; and

- to waive any requirement for the Noteholders to make a mandatory offer for the Company under Rule 9 of the Takeover Code.

no hope left for Private Investors as per rns on 8th April mentioned

RE: Cancel from AIMToday 15:44
Read Rns dated 8 April
if funds are sorted then this is delisted otherwise this is the scenario

"Whilst the Board believes the financing will proceed to completion shortly, without it the Company is unlikely to be able to continue to trade beyond this month"

Read Rns dated 8 April
if funds are sorted then this is delisted otherwise this is the scenario

"Whilst the Board believes the financing will proceed to completion shortly, without it the Company is unlikely to be able to continue to trade beyond this month"

Well done guys, this has been Rns to "Cancel from AIM"

who forgot this, hmm

Post from LINKEDIN this morning.
they have 2730 followers, which is impressive.

Ransomware will continue to be a massive threat to businesses in 2022 having grown exponentially in recent years. Organisations are seeing a record number of attacks and paying out bigger ransoms than ever before. A large part of the reason for the continued threat is the seemingly immune status that these types of hackers are currently receiving from certain countries on the basis that no activity is taken against these country's own organisations.

In some cases, systems and networks can be compromised and unnoticed within networks and systems for days, weeks, months and even years, until the hacker decides to sell access to Ransomware groups, frequently reported by the ECSC Incident Response Team.

The most common form of Ransomware that we, at ECSC, support our clients with is Ransomware as a Service (RaaS).

RaaS is a by-product of threat actors who utilise Ransomware frameworks in order to behave like a traditional organisation by extorting other companies.

LinkedIn had post today, company looks really active on LinkedIn.

They also Had webinar today.
so lots going for ECSC.

www.ecsc.co.uk looks impressive for what they do.

we could get a massive news out the blue.

enjoy your rise today, however don't get caught like you seen in the past few weeks the likes of
SENS
MCLS

SYME
VAST
all have cash issues

don't think SAE day won't come, it will, its a certain because of the £50M debt.
as for trading, yes you would make a Bob or two.
I'm just highlighting the issue here.

time to switch off from SAE

rns 28 September 2021 worth a read.

they need cash on two fronts

repaym debt £50M

and to continue with the projects.
does this External financing looks good?

As SAE continues to develop its key projects, it remains dependent upon external financing. SAE is continuing to seek funding which is needed in the near term to support continuing Group operations and the development of key projects, and the Board is considering a range of funding options for the Group including the disposal of certain non-core assets within the Group.

bloonyman
debt £50M
last placing tells you the story,
cash running out,
June payment due!

Read the 28 September 2021 Rns.
cash is the problem here not the technology.

how will SAE repay the debts outstanding in June?

cash is very low and not enough revenue to pay from the company.
maybe a placing or CLN to come?
time will tell.

not good posting positive Rns to get excited, whilst no stream of Revenue is mentioned.

GLA

sudden volume, and looking like some background buyers mopping up these cheap shares.
look out for delayed trade prints.

maybe news coming

Mcap £5N
Revenue £6M

this could be another #OSI style rise.

oversold

Can anybody tell me who buys SAE stock right now and why exactly?

they got another 2.5m eggs to barely keep the lights on.

plus £50M debt won't go away by lowering few turbines in the sea
and Change of use in Uskmouth.

I'm not here to deramp, I'm putting out serious problems lies ahead for Simec

had the technology been so good, why the Government didn't include tidal power to its Energy production list????

raised £2.5M just to keep the lights on

you been told the truth here
can't t see how this Debt will be paid
huge £50m debt and no revenues increase.

this needs a massive cash injection!!

anyone reckons another huge dilution placings coming soon?

cash will be needed very soon.

Read Rns from the last placing.

can't t see how this Debt will be paid
huge £50m debt and no revenues increase.

I wouldn't be too confident on this