Member Info for Foxyjoe

How can this POS ever expect to keep a sustained rise when the moneymongers Altair ,Pitcole ect dump relentlessly from the bargain basement giveaway stock Palumbo keeps lavishing on them pre the placings ?

Altair are the main guilty party here facilitating Palumbos profligacy addiction,

No credible institutions anymore to hold Altair/Palumbo relentless placing and loans caper check u,m afraid.

Palumbo has destroyed this company in the last 18 months deliberately I,m assuming as he is to intelligent for it to be just mismanagement.

Having £5 m- £10m contingency funds set aside is just good basic responsibile economics to be expected at that point from a competent CEO.

Thus the disaster that unfolded was his making having been so reckless becoming ever more desperate for funding diluting shareholders to oblivion .

Since that webinar 18months ago Palumbo has collapsed the shareprice from -95% yes 80p to 4p post consolidation price.

Unfortunately being Altairs plant palumbo is unsackable.

Scrod , I,ll be at the AGM and I,ll,be giving it plenty( likley to be escorted out by security)if this dosnt recover to at least last years AGM price which is 21p post consolidation.

Yip that's -80% after today's spike.

"There suddenly seems to be a lot of new posters here who have never shown an ounce of interest in EQT."

Arn,t they the lucky/clever clogs then.

Wish I was one off them , only another x12 bags to break even in this lifestyle racket.

Yes well done Palumbo .

After 5 years at the helm you have finally got 1 project delivered 18 months later than mentioned in your pre placing pump webinars and the website .

Since the Italian MDC delay fiasco the shareprice has been destroyed from 80p to 3.5p at today's consolidation price.

So you managed to extract £50m from punters here and turn that into today's market capital value of £6m .

Yes well done Palumbo indeed.

Hh77

Cant see EQt lasting much longer or at most by July, nobody believes or wants to buy the placing stock anymore .

The moneymongers can barely shift £4,000 per day now and they took £3m worth in the last dilution forward selling shafting and are now caught holding about over £2m worth over about 18 months worth of dumping at today's rate.

At £450k monthly burnrate another £3m needed in 6months who in their right mind is gonna be buying this POS ?

What other company would take these two charlatans into senior management with their track record and shady reputations.

As Scrosngerscat succinctly put " he wouldn't put the BOD here in charge of cleaning a toilet"

Not 1 credible institution on board now ,Mind you they have a dab hand on printing 18bn pieces of sh.it here while gouging the mug shareholders .

Been another fantastic week for Palumbo and the gang pocketing €6k each, still up 50% from their original salarys but reduced down from the €8k their 2 chums in the renumberation committee awarded them when the hype was still believed.

"The company is focused on maximising shareholder value in the near term "

That went well delivering-98% from that statement b0110x date.

So during the Italian MDC 2 years late fiasco process what have we learnt ?

1) Never trust Palumbo or the board on any completions timeframes.

2) take all forecasts with a barrel off salt .

3) A BOD video or podcast is a pre placing pump.

4) The BOD token buy usually a week prior to another placing/dilution

5) Institutions have departed letting Palumbos bucketshop forward sellers ply their game .

6) Not 1 off Palumbos 200 + pipelines baloney has come to fruition .

7) Running a plant in development/university settings 10 years does not transfer commercially .

8) The 27 staff between them earned a whopping €144k ( €204.44 each per week) H1 this year .

9) After nearly 5 years Palumbo has trashed the shareprice -75% below its alltime low this week, and -97% since the Italian MDC original completion date.

10) Palumbo is unsackable as he is Altairs plant orchestrating very successfully the destruction for an Altair/MBO.

Have I missed out any other lessons we learnt during the MDC 2 year incubation carry on ?

This POS has to bag x22 from today's alltime low today for me to break even.

More chance of Palumbo telling the truth I,m afraid.

What a POS scam you've successfully delivered for yourself and Altair Palumbo make sure you've the MBO completed by the AGM and this delisted otherwise I,ll be at the AGM rattling off which others should try and attend also.

Deceitful scam off an outfit.

RNS From 13/july/2022

In just 18 months Palumbo and his gang have trashed( sorry maximised shareholder value just like the RNS says ) from .80p the previous closing price to today's of .0023p pre consolidation fog.

That's maximising shareholder value by minus 97.5% and Palumbo and the A team are still in charge promising jam sometime.

Palumbo and the whole BOD shafted the retail investors here with the job completed for the MBO now.

The Company is focused on maximising shareholder value in the near term through greater recognition and adoption of its commercial applications by global infrastructure investors and owners operators and its accelerated execution of its licensing strategy resulting in an increased valuation by the market, measurable in the share price. To achieve this, the Company is driving an increase in the number of operational plants running EQTEC technology, after which it will also increase the variety of applications of EQTEC solutions deployed .......

What has the Italian MCD fiasco cost the company so far in delays and performance inadequacies £10m or £15m to produce a bit of electricity equivalent to a bag of coal ?? Nobody knows .

Not sure even Palumbo and Jeff baby can keep the plates spinning much longer spoofing with this POS before Altair pull the trigger for their orchestrated takeover .

Even in La La gram the attack dogs have given up defending this POS with posts cursing the BOD being no longer removed.

Truth finally sinking in there also.

The £50m comes from all the placings/dilutions, and loans there had since Palumbo took over as CEO in summer of 2019.

I tallied the total up perhaps a year ago when in the low £40m mark just simply added as the dilution/loans debacle continued .

Feel free to trawl through and tally them up yourself and correct me if you find any Desrepencies .

Have a nice weekend MJ.

I know the BOD /Altair and the rest of the moneymongers will having kept the plates spinning another week.

We do know it was supposed to be up and running by H2 2022 but like everything with EQT it's all tomorrow maybe .

On other news it's been another fantastic week for Palumbo and the BOD with another €6k deposited into their pockets after taking a 25% reduction on the 100% increase his chums in the renumberation committee awarded them 2 years earlier.

Why would Palumbo f... off sure isnt life just grand in his EQT lifestyle world ?

Everyone involved the BOD,staff, nomads lawyers,,MMs apart from the retail investors are creaming it here just like 95% off all AIM company racket.

You gotta hand it to Palumbo and Altair they have been very successful (getting £50m worth )at selling the scam to the punters, my they even had several institutions on the hook a couple of years ago before they cottoned on to Palumbos/Altairs cosy placing/dilution forward selling racket.

No Palumbo ain't going anywhere with the backing of the moneymongers his playbook exposed and reputation in tatters

Remember the most recent interims !!

Financial highlights

• Revenue and other operating income: €0.145 million (H1 2022: €2.98 million)

H2 gone now wonder did they manage to beat the pitiful €204.05 per head they achieved in H1 before expenses ?

Totally shameless.

After 2 years of nearly there with the Italian MDC could this finally be the year it becomes operational earning a profit ?

Just how much has it cost on construction costs , teething problems and the resulting damage to the shareprice and trust to ever deliver 1 completed project .

Must be many millions in the red and still no proof of concept it works at a profit.

No institutions invested only moneymongers with their strategic forward selling scams interested.

Babar was the smart guy taking €600k in 2 years salary while getting away with just throwing a measly £5k into this POS before scarppering.

Even a slug would have the common sense to put some of the £50m shareholders invested aside into a contingency fund , but not Palumbo and Co .

One can only assume they are deliberately trashing this stock continuously for a Altair/MBO.

Hows about this for a beauty .

According to the Align forecasts notes in 2022 that were pumped and approved by eqtec no doubt estimated revenues for ;

2023 were €61,500,000, only €61,356,000 short at the interims but Eqtec always have a good second half don't they?

2024 looks good also Algin forcasts estimates growing profusely at €121,600,000 nearly but not quite double 2023 estimates .

Pucker research lads and gals.

Been another great week for Palumbo and Jeff with the placings & loan dilution malarky sorted for another year or two before the next consolidation is required .

Mind you not so again for the fleeced shareholders funding their lifestyle.

Using the interims The company's 27 employees earned a total of €5333.33 last week , thus Palumbo and Jeff contributed €205.12 each last week yet they pig out on €6k each !!! Nice.

Enjoy lads you deserve it.