Member Info for Hardy78

Lock in agreement means that EHGOS can’t sell for four months according to the Proactive Interview

Ha ha, as if on cue, they’ve just released a correction RNS which now states a new total of 1,399,302,698. Hmmmmm!

Could be wrong, but I believe the answer to your question LB28 would be 1,090,552,698 (total enlarged issued share capital as per this mornings RNS) less 103,143,420 (total as per 20th May TR1)

“The fact that we haven't had any contract/operational news for a while”

Mate, what are you going on about? The £1M contract was only announced two weeks ago.

Companies don’t release RNS’s at every farts end to simply appease nervous PIs, they do so when they have something appropriate to announce. All this talk of clarifications/news RIGHT NOW, etc is embarrassing. If you don’t have faith in the company, sell up and go rainbow chasing at UJO or the next pumped AIM share

1.) previous info said the contract would commence in June. As it’s only 17th, the company have another two weeks to confirm whether this contract has started and provide details of who it is with.

2.) I presume these are still being negotiated and will therefore be commercially sensitive

3.) I agree that an update here would be welcome, though Sefton did allude that legacy issues were complex. I’m guessing this is why they’ve relied on the money for EHGOS to sort these issues out.

4.) personally, I think this will arrive sooner rather than later.

To conclude, at this stage I’m happy to give them the benefit of the doubt and time to sort this out properly. Bagging overnight? Doubtful. Within the next couple of months? Highly likely. GLA

RTR - sounds like you’re becoming impatient to me.

We’ve already got a £1M contract lined up before Iconic Labs is even official, with more engagements to be confirmed.

We’ve also been told that the fund that has acted like an anchor on the SP is about to be removed.

Next news will be launch of IL and additional contracts.

What more do you want at this stage exactly?

I like the line in the 3rd RNS: "...as business development activities continue and engagements are signed..."

ENGAGEMENTS people!

GLA

BigTen4 - The first RNS this morning appears to have a corrected date in it (the original TR-1 said the crossover date was the 21st May, today's said 20th May).

The 2nd RNS is notification of a conversion which took place on 23rd May.

As far as I can tell, the 3rd RNS is confirmation that (looking through the numbers) EHGOS only have 6 million shares let to convert.

Hope this helps

End of existing financing arrangement - EHGOS agreeing to hold 5% of shares.

Very nice!

RNS out this morning - identical content/holdings info as the TR-1 issued on Tue, 21st May 2019 13:21 though.

Strange!

Soley - read the RNS's, it's all there...

Will be interesting to see how many other TR-1s are released today. GLA

CarlThat - I’m sure this BB won’t miss your whingeing

There's definitely going to be a RNS today IMHO. ;-)

CarlThat - these fund management companies aren’t some PI gambling this months mortgage payment in the hope of the next ‘bagger’, they are outfits which run lean, risk-adverse operations over multi-million pound holdings. They will be quite happy to take 1-2% profits in order to maintain healthy monthly cash flow targets.

If you doesn’t ‘cut-it’ for you, I’d advise you stay away from investing, but it’s clear you don’t understand how markets work...

Lolz

All these cvnts who say they’ve topped up must either have large holdings or buy £25 worth of shares at a time out of their pocket money.

This has now dropped below the support level and will go into free fall

Another AIM POS basically

Volume of trades so far today is over 140M - 14% of the total stock.

Funder will be gone sooner rather than later

That assumption works both ways Spike!

Anyway, I’m at break even at this level and have cash waiting to buy some more once the ‘funders out’ TR-1 drops.