Member Info for Fallingknife1

I seriously can't believe some of the posts here! Or work out the motives behind them. But hey ho. What on earth deltalo makes you think this could double? How is the business salvageable and in what time frame? And how much would be needed upfront to achieve this? Anyone who throws their money into this needs to be certified honestly! This will end in administration. 100%

What are you hoping to hear Scotty? The only thing that could rescue this is a MBO. This or any solution would require significant investment ( dilution!) on a share that is .35p mid price now. I don't think you will have to wait too long for an announcement about administration as they have already uncovered a lot between the two RNS's on Monday and Tuesday. SQN own a lot of the assets so even a fire-sale of assets will raise very little. Beyond terrible!

I must confess I am not a fan of these kind of spaghetti acquisitions. They are hard to unravel. It seems quite a lot to splash out for not a lot. Less of these types of acquisitions please and please get cracking on Moje and Crackle as well as the diabetes test. Thumbs down for today!

must have either not been asked or were asked and the operating and performance criteria was not cutting it. From Sept 2014 The Company anticipates drawing down approximately £10m of this facility in the next quarter. The remaining finance should be available over the next 12 months, subject to operating and performance criteria. Unsurprisingly SQN is the only diversified asset financing fund listed in the United Kingdom. Beyond terrible!

Heave, this is goosed. You only need to see the statement that O Murcuckoo was staying for six months on Monday and Tuesday was leaving with immediate effect. All along they seemed to indicate that they were well- financed ( via placings), expanding and were asset backed Looks like none were particularly true!

looking good. From the 2014 preclose statement. Snoozebox continues to experience interest for the provision of temporary accommodation solutions at a range of global sporting events as far ahead as 2022. The Company has developed proposals for some such events which involve a broader accommodation and service offering. To date, the Company has delivered large scale solutions for the London 2012 Olympics, 2013 G8 Summit, 2014 Ryder Cup and the 2014 World Equestrian Games. Some German guy called Blatter has already booked a room

here? !) Continuing to bleed £2m a year in debt and interest repayments? Risky and not enough time 2) Semi-permanent hotels? Needs up-front capital Risky and not enough time 3) Events expansion? Too low margin. Risky and not enough time 4) Alternative funding? with a £10m debt and restricted cash for the last 18 months who would give this company a line of credit? With a SP of .42P what price would you get a discounted placing away at? 5) Mcap of £1.3m but outgoings of £2m?? I reckon they can just muddle on until their review says the game is up. Uninvestible.

07-May-14 Placing Trade Notifier Information for Snoozebox Holdings David John Morrison 10 GBX 1,000,000 3000000 and he might have sold in the death spiral down but he has managed to turn £100,000 into £3000. I think he posts here under the name l'ucky' or 'shrewdinvestor2014'.

You mean a 150% rebound from here??? 5.8 million plus.13million restricted cash. minus £9m of debt minus £2m capital and interest payments p.a and strip out the 1.3m restricted as it owed £10m over 7.5 years which it would need to repay to access the £1.3m. Not a pretty picture and unless a white knight comes in 1p is very unrealistic.

They had £5m in December at 6p and today's RNS says that to get new revenue streams would require a lot of capital expenditure. Who on earth would back a placing here when the institutions who you would have thought done due diligence have lost 93% of their investment? They said after the placing they expected to have higher cash balances in 2016 but instead they just have been burning cash.

Peer I wouid sell into any bounce. Sometimes these shares do actually have a death rattle movement upwards as bottom fishers look at the sum of the parts business and not past performance. Fort a change the PI didn't get directly stung for the 6p placing four and half months ago! " In order to minimise the time and transaction costs of the Placing, the Placing Shares are only being placed by Panmure Gordon with a limited number of existing and new institutional and other investors. The Placing Shares are not being made available to the public." This is in a death spiral. Yesterday's RNS said OMurchu would be around for six months. Today's seems to say he is gone with immediate effect. And yesterday's rns gave no indication of how far advanced the review is and how deep the issues uncovered. Run/ And keep running.Far. As far as possible. Beyond investible.

Must be nearing the end game. Even NEC is taking on the CE role part-time. How did they ever get placings away previously. Even bottom-fishers must be wriggling on their hooks. An investment for insomniacs only other you will be kept up at night worrying. Beyond terrible!

I will be averaging up on this as I think 2017 will be transformational. Of course funding is a worry and I assume a placing will also be needed to fund production. However I think the management have a good track record in commodities and I think although risky, the current stage is only medium risk with huges upside. So I am very happy to be on board and intend to add as we hit further milestones. The equity and Bond issue gives a good indication of the minimum price to be achieved here where 176p and 222p are the placing and conversion price showing decent upside.

Must be some positioning ahead of the Mediclib trials update. We are now well off lows and reclaiming lost ground in SP terms. Some positive news from the trial would send us skywards.

Perplexed myself at the drop Jolly. 10% on no news seems steep to me it would be nice to see the directors buy some or deliver some news. I am holding on although we are now in the saw stage of this see-saw share. Ouch!

Thanks Red. These companies with good visibility of revenues are often under appreciated. I would like to buy more today by selling elsewhere but have a policy of mostly not buying on a news spike. I am pretty sure we won't be seeing the 55p placing price anytime soon.

This seems another company that is putting a lot of building blocks in place but investors are not seeing the bigger picture. What's more they are managing to get huge capex projects underway with clever use of grants and partnerships. This is going to be a slow but sure climb until true value is realised. Yet people will be chasing mining and commodity stocks that are cash hungry and highly speculative. Bill any idea of how much revenue can be achieved from today's deal? Apologies for asking I am not clued up on much revenue these deals can achieve.

I disagree Carnegie. I think the drop this morning was an over-reaction and I bet the company themselves were wrong-footed by the rise. The discounted placing looks steeper because of yesterday's strong rise./ The permitting confirmation is not too and 60p should provide a floor to the downside. With the working capital situation sorted I see the SP recovering quite quickly. Placings mostly fall back to the price and 10% is quite substantial but I reckon those who have bought in will not flip them.

Agreed Bill. I wish they had opened this up to current holders. It will probably kill the SP for now plus irritate those who bought in yesterday. A good opportunity as you say for long-term horizon folks plus sorts out working capital for a time until revenues arrive. I feel like I have ben stung by a jellyfish!

I am thinking 75p if I have funds or 80p if I have to raid the bank. I think this is an unfashionable share and is associated perhaps with wind turbines so investors have a disdain for it. I have been an investor for 20 years and have put my money into some rubbish over the years. I am changing my strategy now to averaging up on stocks like ARL on DKL which means I will invest heavily at trigger points. I can easily see how this one will over time do very well. What I also like about ARL is it was around and 63p would have seemed expensive. It is now 69p and 73p will seem expensive. Ditto for 83p and 93p. Value will out here.