Member Info for Flightman

YA Global aka death spiral financing,living up to their name here. Question how far will they sell down.

Unfortunately with the massive NYW delay there's going to be no revenues for a considerable time,the same for the EOT.i do expect Mark to throw another �700K into that project,as implied by that RNS. The only revenue expected for 2018 is the �40K interest from Star Sanctuary,and that's even debatable as it's a unsecured loan. Not looking great for the remainder of 2018. Marks business model is reliant on CLNs,not great

Looks like CLN sales coming through,so likely fall now into the 0.3s Really does need positive news but with the litigation being put back and no likelyhood of a near term resolution,plus of course a fair few chunks of CLN sales,it's going to have a negative impact on the stock value. Only AB contract signing will get this moving the other way.

Well RP has diluted holders considerably in the last twelve months. Absolutely No actual business has taken place in the last twelve months,apart from gifting Nick Bryant �286,000! He tweeted news,operational! One week,most two,his words,what did we get Another Placing. Anyone seriously considering investing here would well be wise to look what's happened over the last twelve months. It's all ok saying a fantastic deal is coming but that's been repeated over and over again over the last year. The Chinese licences Pouldon uses to keep this on AIM,this is nothing more than a Cash Shell,and what with considerable cash burn on God knows what currently the Mcap is way over cash balance. Look at Wishbone,similar traits their too,both registered conveniently in Dubai,run unilaterally by Pouldon. Have to ask again,Where has all the CASH GONE??. On form there's more chance of Placings than anything remotely business orientated.. Historical low today,for newbies in old money now sitting at 0.0425 Very very dodgy company.

Not on anything called business/deals Bryant was laughing all the way to the bank! Where's all the Cash going,that's what I would like to know!

This is a dog though,all the ramping on twitter,all the supposed news from RP and now at a lower shareprice than one year ago. In his own admission the Operational News was the placing.,that's a first on AIM. Those that believe fair enough hold and add,but for RP to tell disgruntled holders to pxxs off well that' just sums him up. My gut tells met another placing coming,the cash is burning fast and even �1.25 M isn't going to get much in way of a deal. Sad state of affairs indeed

This is going to be a long drawn out affair which is going to put back the opening of the NYW by some degree If they want the NYW operating before Xmas they really do need to get their skates on. How much work and more importantly how long will the wheel take to complete up to operations.

Quite true Dan,and it's only going to take two or three trades for that to happen. Actually though Challengers lowest Mcap was �900k,however with the conversion added recently that's bumped up the value to over a million. I believe the next court date is the 23rd but not holding out for anything on that date,I'm sure it will be pushed back somewhat,Starneth are obstinate and will continue to drag this out. You would have thought that Mark would keep holders regularly updated on these proceedings but it appears holders through their research are doing more than the CEO! Think at the present moment in time it's more holders throwing in the towel without anything positive coming for some time,but also the inevitable selling of those converted notes. Even though Challenger have invested $3M into the NYW,that in itself at present doesn't warrant an undervalue here,in as much as there's basically no timeframe on completion and no certainty that AB are going to sign the contract anytime soon .It could well-turned out that Mark in the interim hands over another �700k to the EOT which funded by CLNs would further dilute the stock price,and at today's value would add an additional 150M shares or there abouts to the register The only way this is going to recover though is for AB to sign that contract and to get the wheel completed and that needs to happen like yesterday,only then will the stock value recover to a fairer value but we've been saying that for the past ten months. Everything hangs in the balance now,many unknowns,the only certainty is the CLN conversions and likely in the short term during this uncertain time further depressing the stock value.

CLNs are all well and good when a company is reporting positives on a regular basis,here unfortunately there's nothing,so the sp is deeply stacked to downward pressure on conversion more particularly here with such a low retail demand. Don't like to see anyone lose but given the timeframes most likely here the CLN conversion are going to take this lower. If you hold then this is one big long hold,agree there may be opportunities to trade but the only positive as far as I see it is when work restarts on the NYW. With the owners of the NYW desperate to see this project finished,are they going to have to pay a premium to AB? Is Challengers stake going to be diluted in the whole project,these are all unknown variables. Too many unknowns that's the problem,and the litigation can go on for some considerable time.

Basically Marinville as current things stand there isn't any positive news. The AB contract announcement will be the big driver here but just how long is it going to be before we get that news. In the meantime no revenue for a considerable time,from the NYW when that's up and running which looks likely now for a start in late 2018 early 2019,and then sometime before any meaningful revenues. Have to say this but Marks business model is not good,he's invested in a massive project that from the start wasn't going to bring any revenue to the company for a considerable time. Looking at Marks history as I am sure others have he has always used the Convertible loan note route to basically keep the lights on and for any investments,,well that's all he's doing here with continued substantial dilution to existing shareholders. Also looks like he's going down a similar route with EOT,�300K invested using CLNs,with a further 700K earmarked using CLNs. Star Sanctum will have no bearing on Challengers finances,�40k interest in 6 months on �100k great for an individual loan shark but hardly going to make any difference here. Trouble here CLNs NYW at a standstill. Crucially absolutely no revenue for a considerable period. Hardly an investment case for investors

Since last summer shares in issue have increased from 68M to 221M so in old money,Mcap,today's price equivalent to 1.5p There's virtually no demand for stock however a few more million shares from YA to sell down,so in the absence of news short term,more court updates pre AB contract signing news it wouldn't surprise me to see this fall sub 0.4. Could be a good opportunity coming.

I remember a few months back where there was huge support at 1p and was unthinkable to believe this could fall to half a penny or lower. Overwhelming problem here now is the huge delay in the NYW in addition to the ongoing litigation but also the continuing conversion of the convertible loan notes and subsequent sales of I suspect there's going to be no swift court resolution and therefore a further delay in the any new completion contract. As long as YA keep converting and selling those shares whilst retail demand remains very thin then the stock value is likely to see continued downward pressure until any snippit of positivity comes out from the company. It's apparent by virtue of the extremely thin trading many are waiting on the sidelines to take a position,whilst the vast majority of holders are just waiting. This stock can certainly move very fast on news from down here,but a good opportunity likely exists for new investors to buy in lower. Needs a good court outcome plus the AB contract award for the big rise. Star Sanctum is a side show and will bear no influence on the stock value unless they default . Be interesting to see what happens here over the coming weeks.

That's the question?

Make money whilst you can,that's the name of the game! Very noticeable how twitter has gone very quiet!

To give balance the derampers have gone very quiet!

Marinville,you old ramper lol So you got a great buy sub .5 now you're ramping,you're changed your tune, Only kidding!

Think there's another large trade yet to show,buy price gone down to .55

YA keep converting then selling down,so the holdings RNSs show this.There are quite a few loan notes,that's the problem.

Dumping by the looks of it,they've got 19M

Just got one,holdings RNS