Member Info for ExMS

And using your “strategy” BO, when will you be getting out then? Given that all the bandwagon jockeys are seemingly in at or around the placement price?

Business Owner

What pompous drivel

Why didn’t Levy lend the money to the company?

The update is ……there is no update.

Just fanciful wish-lists to seduce the gullible in the last RNS.

Levy reminds me so much of Duffers over at NNN

🤣🤣🤣🤣 £16m deal coming???? But they just had to issue 3.6bn shs plus 3.6bn warrants to raise just £880k!!!! The dreamers can keep dreaming……

Business Owner

You make a valid point

The company expect revenue of $700k for first 4 months which equates to around £125k/month.

Hmm that doesn’t make a great deal of difference in the grand scheme of things.

Here’s a summary of their results

· revenue of approximately US$1.38 million (2023: US$3.78 million);

· gross profit of approximately US$1.37 million (2023: US$2.34 million);

· an EBITDA loss of approximately US$2.79 million (2023: EBITDA loss of US$3.86 million); and

· US$2.45 million spent on R&D (2023 R&D expenditure: US$4.2 million).

So they raised £130k in Dec then £88k in March. They were down to pocket change at the time of the recent placing and raise £880k. Exiting the TSP is around £300k and the cost per month to run huge company is similar so in 6-8 weeks they will be trading insolvent again.

Levy and his boys put in £80k which they will get back in wages within 3 months should the company survive. What would have been better, and indeed the ultimate vote of confidence, would have been for Levy to loan the 880k . But no. His £80k is effectively minimal risk to keep the lights on for another few weeks. But it has suckered in so many on here, so job done.

1. Why would any customer strike a deal with ENET given their products, history and cash runway?

2. Why on earth would anybody invest in a company that has run out of funding options now and will run out of cash in 6-8 weeks?

Uncanny price!

…..”Doing the same thing over and over and expecting different results”, then this place is a veritable lunatic asylum!

It’s taken from the settlement date not the trade date

Invest Donk

50m is not a notifiable holding when there are a mere 5.2 BILLION about to be in issue

Yes the SP is uncanny isn’t it? I wonder why it’s trading where it is? 🤔 🤣🤣🤣🤣

Sushi

1. As an investor it is not illegal to short sell as long as you can borrow the stock

2. It is a primary function of a market-maker to provide an orderly market and as such always to provide a bid/offer spread. This means many times in many stocks everyday a market-marker will by definition be forced to short stock

3. Forward selling. The company has literally told the market it intended to raise cash. The only question was whether the vote at the EGM would be passed. All

LTHs should have taken that opportunity to sell and either buy-back in any placing or the company would just go bust. So win-win.

That’s what’s happening. Now the shares/warrants issued is actually huge so mms will be selling more before the influx of stock to the market. Simples.

Levy has put in hardly anything but it somehow convinces the PIs that they should support this placement. Bonkers

MillonAir

What does your 21% dilution comment even mean?

New shares admission on 7th May

So we could see massive squeeze here

“Not many stocks around” (sic)

Rising with buys now

Apologies for his/her English but not many stocks around huh? Do you know that if you stacked 5bn pound coins on top of each other the height would reach 10.25 miles!

Oh dear God Castle, you’re in this pile of muck too! You just never learn.

Re Nanosynth did you see that the administrators said there is nothing left for shareholders. Just thought Id let you know…..

So what does the cash runway look like Lesh?

Given all your research…..

RIP Lesh, it was ordinary while it lasted

-they have

Whoops 🤣🤣 🤣

Lesh is our leader