Member Info for Fourprinces

https://app.stockopedia.com/content/tern-portfolio-update-valuation-422893

https://twitter.com/HMGDepartments/status/1185089678883639297
RT cabinetofficeuk: Today, Cabinet Office Minister SimonHartmp visited FundamentalVR to learn how immersive technology & haptics can be used to enhance medical training.

The government is committed to using innovative technology to drive efficiency & de…

Tern also benefits from a material exposure to the North American tech landscape, via CEO Al
Sisto’s network of relationships and contacts. Al’s career includes a number of years as COO of
RSA Security (sold to EMC for $2.1billion in 2006). This role, along with his previous experience
in other US tech businesses, has given Al an unparalleled set of connections across the cybersecurity and enterprise technology marketplace.
https://www.deviceauthority.com/sites/deviceauthority/files/keyscaler-overview-6.5.pdf

https://www.brighttalk.com/webcast/17202/370131

Some partners! https://www.deviceauthority.com/ecosystem/our-partners

Yup. Classic cup and handle. 0.05ish next.

0.0358 was where it had to bounce and it did so just above that.

What's 30% down?

Are they the only three words you know?

Will come from this lot (did post that they were likely interested a few days ago) https://iongroup.com/ion-commodities/

Looking forward to your third ever post. Funny how you’ve appeared from nowhere...

And New is exactly the reason they won’t do it here. Risk too great.

Have a read - this is when BMD was desperate for this exact play to happen with ADL. Funnyt how he's changed his tune now that someone else has got their hands on it... https://www.guerillainvesting.co.uk/2019/05/13/andalas-energy-power-take-the-deal-mr-gorringe/

How do you forward sell a placing that is subject to a gm? Genuinely interested.

Low market cap at £1.1m.
Still a microcap following the proposed dilution.
Likelihood of £10m+ of near term investment.
Assets a mixture of producing and development/exploration.
DD done given we pretty much know it's the plug and play RTO that Chris Oil and Brokerman Daniel desperately wanted for ADL (hence their vitriolic attacks on NUOG).
Given the above the likelihood is a rapid investment and I believe the asset appraisal strategy is already in place.
Parsons et al have made literally thousands of percent gains for early bird investors. They're planning to do the same here.
On the loan the fact they were happy to pay it off prior to the GM speaks volumes and shows complete commitment to the investement case.
There is no way Shard sold it for nothing. They could have cleaned the shell themselves, plugged their own assets in and regained their capital that way.
The loan is held by the directors themselves, hence it's a related party that holds, not another entity that would drag on the price.
Given that it’s held by the directors themselves they recoup their money either by future repayment from capital or from conversion to give them a substantial holding. That aligns them.
They’ll want and, so I've been told, expect the price to be far higher to gain the full stated value for any conversion and enable the maximum return on the investment with maximum holding for the directors involved.
They will not be plugging in the investment capital of their close associates only to use a degenerative strategy of converting and offloading as directors.
These are the guys that gave early, and we are very early here, eyewatering returns in SOU and IRG.And then there's the raise. They very easily raised £500k from a small pool of connected investors even though it was subject to GM. Given the state of the market at the moment that's o mean feat for a £800k market cap company.
And lest we forget Minty has left the building.

Both those quotes from BMD article obviously but what's said stands for NUOG.

Plug & Play‘ as some will recall is what was used on a company called IRG which had a meteoric rise when the new board and initial investment/assets was announced. For a ‘plug and play’ to work any investment group have to find a relatively low value m/cap company £1-4M, to offer the financiers potential multiple returns on initial investment just as IRG did. ADL has a current m/cap of £1.5M , the listing on the exchange itself is worth £600/800K. Cash at hand is circa £500K. Ergo it doesn’t take much to realise why ADL are being targeted, either officially or unofficially. But ‘Target’ they are. Companies at shell value can, on a slither of good news spike, secondly there’s always predatory action in the back-ground that can also re-rate the shell. Hence why I took a ‘slug‘ of shares. Even on no news ADL will slowly tick up.

"What I do know from my research is that a group have approached the ADL Board, seeking a corporate takeover via the introduction of $10M of assets/cash. It’s known as a ‘Plug & Play’ package, if that deal happened then ADL would have rocketed upwards, probably over 1p. For whatever reason/s those talks petered out but I can now exclusively reveal that those talks have been reignited with ADL Major Shareholders. Whispers are again surfacing that Major shareholders are now aware and have been approached for the 1st time by well-known successful corporates with a proven track record not only with the drill bit but with increasing SP value for their share-holders."

I think this is the deal - the one ADL didn't get which made BMD incandescent with rage.

https://www.guerillainvesting.co.uk/2019/05/13/andalas-energy-power-take-the-deal-mr-gorringe/

The assets in questions will be announced to market before the GM, not after.