The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Just called Virosynth
“Welcome to the o2 messaging service”
By the way I just called GB Nano for a chat…..
“Welcome to the o2 messaging service”
Lol
Even the VAT rebate is only expected and not guaranteed. So I’m guessing the money could in theory run out before June. Given that the company doesn’t have the ability to sell anything it is simply just haemorrhaging money every day. Time to shut up shop Duffers……
Another Micho account Nanoo?
Only another week and it’ll be all over …,
Nanoo
A total gamble from here?? Hahahaha
It’s been a total gamble from the past 2 years but now it’s just a sure-fire bet!
In which case PI I may have a very good all-inc deal for £50! Downside is I think Castle will be going the same week! Lol
PI :-)
Would you book and pay for a cheap trip to Turkey Castle? If the holiday company was going bust and wasn’t a member of ABTA?
The £400k raised last time kicked the can down the road and extended the life of the company by 6-8 weeks.
Cosmic Duffers.
What exactly did you mean when you stated that you like to have everything paid for by January?
TBH I don’t think any online cc payment facility would be allowed. Those transactions are insured in case of the company not being able to deliver the product.
In any case why would anybody from banks to corporates, from commercial to retail customers, want to deal with a company that is going bust?
I mean potentially they could ask Castle.
So you see the RNS is not misleading if read correctly
Trisor
Please read the RNS again
They are not considering funding options. There are none otherwise they would have said.
They are considering potential funding options. Of which there will also be none.
Duffers has been trying to raise cash since Dec
Trisor
You can’t sell big amounts? And why is that do you think? It’s because the mms don’t want to be long a company that’s going bust.
I mean can you imagine the conversation on the evening risk call?
Erm why are we long NNN?
Because I fancied them boss.
But they are going bust.
But they might not.
You’re fired,
Well I guess in that case Trisor the company goes into administration.
Trisor
For me zero chance of funding. Zero.
0-5% chance of an RTO Shs suspended then an offer for the company at £0.5m
SP Is fooked either way
Our Mission
Protect every person in the world by ensuring every home, workplace and appropriate public environment is using Virosynth protect™ anti-pathogenic filter media, creating safer environments to live, work and play.
Everybody in the world!!!
Hmmm I can just see that being incorporated immediately in the slums of Mumbai! Or across the swathes of drout-strewn Africa. Or Wales!!!
Callit
Nobody will place a deal with a company that is going bust. I mean would you? Actually don’t answer that!
The technology worked it’s just nobody wanted it.
Like creating a biscuit that nobody wanted to eat.
Utterly pointless
Callit
Cave is a scientist. His technology is not the reason that this company failed.
UG
I think the shares will be suspended by 21 April 2023