Member Info for Foxyjoe

The Italian MCD was getting touted in 2021 as to be completed Q1 2022 to get the punters on the hook , since then ,

£5m loan from riverfort moneylenders ,29/3/22

£3m placing .14/7/22

£2m loan from Palumbo/Altair moneylenders , 9/12,22

£3.5M placing , 21/3/23

£3m placing , 20/11/23.

£16.5m pounced off shareholders funding the lifestyles since the Italian MDC was supposed to be finished and one can only conclude deliberately destroying the shareholders" investments" by 97.5% .

Well done Palumbo/Altair payday tomorrow and jam for the mugs.

So let me get this straight ,

none of the destruction of shareholders £50m investment funds made available to management that has failed to get 1 project returning a profit yet , or the fact no contingency funds were set aside to avoid constant dilution or the constant delays was really managements fault ?

1) its legacy issues fault.

2) it's the markets fault.

3) it's high interest rates fault .

4) its remoteness of the Italian MDCs fault

5) its north forks tribal chiefs fault

6) UK,s fault

I,m sure there a few others to blame for this POS mess.

Why would they the need to pay electrician's in newly printed confetti did they not have £50m in shareholders money through umpteen dilutions during Palumbos Stewartship ?

Wheres the £50m gone ?

Cue bono .

If not suspended for insider scandals regarding Altair and the rest off the money lenders shenanigans then ,

I give them 9 months till they're out rattling the begging bowl again .

30 months till the next consolidation reboot part 2.

You do realise it was alledgely cut 40% recently after they and their buddies in the renumberation had already doubled it from €200k+ to €419k /€423k in 2020/21 ??

So they have already had 3 years at double bubble before this years forced cut shaming them lower.

There ya go and why wouldn't they be ,

"pleased to announce that all Results of Extraordinary General Meeting, Capital Reorganisation and Share Consolidation.....have duly passed."

How long till the next EGM consolidation reboot jobby ?

EQTEC plc (AIM: EQT), a global technology innovator powering distributed, decarbonised, new energy infrastructure through its waste-to-value solutions for hydrogen, biofuels and energy generation / THAT HASNT YET GOT 1 PROJECT UP AND RUNNING MAKING A PROFIT AFTER 4 YEARS OFF OVER PROMISING AND NEARLY THERE SPEIL.

sorted.

Today Palumbo through what can only be his/Altairs deliberately thrashing of EQT has the begging bowl out yet again despite already having £50m from shareholders to develop the business .

What other job rewards failure so well, £1m for destroying the shareprice by 99.3% in less than 3 years ?

That's some achievement Palumbo.

How come Palumbo doesn't tweet or retweet graphs of the last 12 months performance like he or eqt use to do when it was flying ?

Nothing to be ashamed about now David it's your baby you own it.

Were Panure Gordon not recommending this POS also ?

Who would off ever though after over 4 years of over promising fantasy forecasts missed deadlines not 1 project working delivering a profit and the beaut of them all another 8 billion pieces issued come Monday why this is on the brink .

They played a blinder gouging the mugs.

Another fantastic week keeping this sh.it show on the road for Palumbo the BOD and indeed also the employees .

Palumbo and the top gang members collecting €6000 today which is still up 50% on their original salary before their chums in the renumberation committee increased it.

Extracting 30x their earnings contributions on average for the week .

Get those printers warmed up and oiled for Monday as they,ll be busy .

Nice while it lasted Davy eh !.

Any wonder the taken to the hills ex CFO Babar only ever invested token scraps of £5k in this POS whilst gouging over £600k during his 2 year jolly.

Just put a bullet through the head of this POS please and put it and all of us out of the misery and the wages/ dilution infinidy

Taken from the interims in June.

Financial highlights

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

Says it all really with this POS.

The bare faced lier has looked me in the eye and said " if I do well you,ll all do well in EQTEC "

What a bu11 5hitter Palumbo turned out to be then ,

He has creamed of at least £1.5m here in salaries and what ever himself/Altair slung his way on the side which in my book is doing well.

Heaven forbid if a UK citizen went to Colombia/Costa rica/Italy running a farce of a company continuously telling porkies siphoning of millions from the locals and the circumstances that would ensue.

All legal in the UK Aim.

My my They,re even fighting like rats in a sack over in lala gram land were der sacks iron grip is diminishing.

Eqtec/POS .

C909

Its definitely not incompetence even an embicile couldn't destroy £50m no matter how hard they tried.

No deliberately ruined by Palumbo/Altair at best to fund their lifestyles and worse for a MBO.

What a horrible POS this farce of a company has turned out led and destroyed deliberately by Palumbo.

Might as well just close it down.

The f.-.kers may the choke on their I'll gotten gains

Last decent change to exit this POS was in June around the AGM meeting just when Palumbo spoke the untruths about preferably getting a strategic investor on board rather than his usual dilution/placing route .

As usual with Palumbo that went well, now down yet another 85% with his deliberate mismanagement to trash the price even further.

Just imagine you could buy well over half a billion shares in this POS today with a spare £160,000 for those that waited rather than swallow Palumbos guff since he took over.

They are down 95% like most losevestors here and still they worship Palumbo/Altair and co.

Stockholm syndrome in large portions eh !

Its costs shareholders here £400k per Month to keep the Palumbo/Altair lifestyle racket going .

Voting yes at the EGM enables this to continue till the next consolidation or bust vote in a few years time.

Well Palumbo and Jeff The Honest regurgitated in the 9th oct proactive sermon that the alleged Italian MDC performance upgrades available in Nov/Dec , no year mentioned so plenty of wriggle room there yet.

All legacy issues fault Guv for the disaster that is Eqtec , nothing to do with how they are now broke after having squandered £50m .

Looking on the positives according to the interim figures each of the 27 employees earned £44.44 each yesterday and presumably same again today beckons .