Member Info for hawkhead

Excellent post, Escapetohome. Bottom line is, absolutely nobody is stepping in. That says it all. Also keep an eye out for carefully worded RNSs. The latest being: "The Board expects to provide a further update regarding an on-going Board appointment in due course." Ahhh, that word "expects". Wishy washy "cover their backs" in that they "probably" won't get round to it. And I think most of us know why, don't we? Just like the "These measures are expected to protect the Company's cash position " in the previous RNS. I "expect" Arsenal to win the premiership. It doesn't mean it will happen. Anyway, to be bereft of a CFO at such a crucial time is incompetent beyond belief. 5p by of the week? Then the SP will have to jump 250% to achieve Borotosh's "easy 40%-50%" when he made this statement at 9p offer. Also chicky's buy back at 8.5p was such a fruitless exercise. You've gotta laugh. Strong sell

As promised, here's my latest "hawky's update". Right then. So the market cap goes below £9 million. Well within the reach of many big money PIs, infact some would regard 9 million quid as "pocket money". And I'm sure there are many of these big money PIs who are well aware of IOF's current state. Arron Banks for one, who took up over 4 million shares back in March 2014. So why haven't any taken advantage of the current price "if" this is going to be a going concern? It's likely some would have carried out their own ..... let's call it .... "informal due diligence". But not one buyer. Zilch. Zero. If that doesn't ram home to those still hanging on that this is nailed on going bust, then they're beyond help. But will it be Easter when the final nail is hammered into this latest AIM coffin? Will be close guys. But come on. You have to admit how great I've called this. Strong sell

Cheers, Dav. Can't understand why certain folk would want to vent their anger on my good self. They should be looking in the mirror. Also can't understand why those same folk genuinely still believe IOF is a good investment. Not only have there been several warning signs, the latest an "with immediate effect" director resignation, but the balance sheet is a shocker and the business model is badly flawed. Show me easier AIM shorts. I can't see any. Talking of director resignations, I see IOF are so slack they haven't even lodged Hekking's appointment with Companies House yet, so no doubt when checking the statutory information the auditors will tell IOF they'll have to submit both Hekking's appointment (retrospectively) and resignation at the same time. What a bunch of clowns, you couldn't make it up! I'll post the link when they've done it, just to further demonstrate hawky knows what he's talking about (if one still needs such evidence!). Strong sell

It's just one thing after another: http://www.cbsnews.com/news/oklahoma-sees-dramatic-spike-in-earthquakes/ "The third most powerful earthquake in Oklahoma's recorded history jolted the northern part of the state this weekend" "Geologist Todd Halihan teaches at Oklahoma State and believes water disposal wells used after hydraulic fracturing is linked to the quake increase" ".................... state officials do plan to reduce the number of injection wells by several hundred, as early as next week" Strong sell PS - Thanks, Escapetohome, much appreciated. I'm trying my best to educate these people, even though it's blooming hard getting through to some of them!!

Oh Chicky, why do you persist in ramping IOF when you openingly admit to selling at a pathetic SP of 14p? Remember .... you told people to filter me when I was saying this would fall into the teens? Oh chicky. Deary me! You look extremely foolish may I say! This is going bust, love. As I've been saying all along. Now just do the honourable thing and pat me on the back. Strong sell

lol, good call, Dav. As sure as eggs is eggs the socks trot along claiming they've topped up. Crikey, they've topped up so many times they must collectively own half of IOF by now! Heart rendering statement by Hekking: "I am appreciative of having been part of the Iofina family and I wish the team much success for the future." Sounds more like an escaped prisoner feeling sorry for his fellow inmates he left behind. But never mind, his replacement, Lewin: "................... has an MA in Classics from Oxford University" God only knows what relevance that has, but I suppose it's appropriate seeing IOF is a "classic fail". Strong sell

Jacking your job in because a family member is ill? If everyone did that half the world would be unemployed. Doesn't make sense. And I'm not being "heartless", just saying it as I see it. Strong sell

You bought back those IOF you sold, yet, chicky? (lol) Strong sell

So, with his seat in the boardroom barely warmed up, Hekking leaves, also without buying any shares valued at NAV. And all a bit of a coincidence IMO when IOF will most likely be right in the middle of the year end accounts and audit. The words "see", "the", "writing", "on", "the" and "wall" spring to mind. Or maybe it's just that old chestnut "health issues". Why throw private matters in the ring to cover IOF's back re a director's resignation at such a jittery time in their fragile existence? Shocking IMO. Strong sell

Cheers, thesonandheir. One can make a killing by recognising badly managed debt laden AIM companies, and IOF fits the bill perfectly. Whoever rubber stamped the bonds with Stena and Panacea are daft beyond belief. One of the worst kinds of fund raising - a "placing with interest". AIM companies should raise finance through "normal" share placings, nothing else, until they demonstrate profitablily. Now IOF have dug a hole too deep to get out of. Losing loads of money ..... under a $20 million debt ..... a shorter's paradise. And I must admit I've made a fortune out of this dog, and stand to make even more as long as there are fools who continue to buy. Fools who have fallen in love with IOF and refuse to accept defeat. Thank you. Thank you all. Strong sell

Hi guys, not much happening here but just thought I'd provide an "hawky update". Total continued absence of the money men and reluctance of Becker and Hekking to buy some shares indicates "status quo" (and no, not the band, just that this is staying on course for going bust). Still a huge supply in the wings, so first inkling of a poor "corporate update" will see this crash sub 5p. Interesting to see that Borotosh's "easy 40% to 50%" never materialised - he made this statement when the offer was 9p - never mind a 40% rise, it's gone down! I had to laugh at that one. But as the saying goes .... "there's one born every minute". Also wonder if chicky's bought back her shares yet after finally taking my advice to sell! You cheeky monkey, chicky, especially after advising folk to filter me! Tutty, you still holding out for 33p? Eegy still AWOL? You still reckon the accounts will be released late again, eegy, because of your imaginary audit queue for AIM companies? (lol). Never mind, your contacts will no doubt reassure you that IOF will be profiable, just like they did re the 2014 accounts (lol). And where's the silent majority? Cat still got yer tongue? So then, will this be an all out "down the pan" RNS, or will it be a slow torture "one plant closing at a time"? But yer know what hawky thinks .... Easter beckons. And hawky has called this one absolutely spot on from the start. Strong sell

The big spread will certainly be putting the traders off. But there's also a lack of medium/long term investors, even at this so called "lowly" price. Just goes to show this so called "lowly" price isn't lowly at all - it is what it is. And Becker and Hekking aren't taking a stake. If I was director of a company which I thought was financially sound with great prospects and the SP was valuing it at break up, then I'd be buying. But Becker and Hekking don't appear to think IOF is even worth 9p a share. Strong sell

There are some very bitter rampers on here. No wonder, I suppose, given the amount of money they've lost - should have listened to hawky! Level 2 is looking very weak for IOF. Also could buy loads of these if mad enough to do so ...... it appears there is a big seller in the wings with a constant supply as and when required. Still plenty of mugs obliging. Strong sell

Shorters will always make much more money than buyers because they're never emotionally attached to a share, and IOF is a great example. Thanks, gige. It's the like of you who makes the likes of me very very rich. Hey, infact your post should read: "Buyers be aware of hawkhead, because he's calling this right time after time after time". Am I right? I'm not wrong! Strong sell

I mentioned a possible delisting several months ago. It costs about half a million quid in related "listing costs" and as it's unlikely IOF will be able to raise public finance anymore, it's both pointless and too expensive to stay listed. And having a minority shareholding in a private company is as bad as the company going bust ..... no prospect of a dividend and can't sell your shares. 117 AIM companies delisted to private companies in 2015: http://www.londonstockexchange.com/statistics/historic/aim/aim-statistics-archive-2015/dec-15.pdf I see the MMs played a blinder today. A massive spread and dragging the usual mugs in thinking a significant bounce was on the cards, but the bid barely topped the offer throughout the day. It certainly had some fooled (one poster on here for starters). With a pathetic "contribution" of 500mt to iodine supply expected for the coming year, I don't think the Iodine Industry will miss IOF in any shape or form. Strong sell

And prices much higher than that, Dav. They've been ramping this as it's been plummeting down from £2+. They're making themselves look extremely foolish, but it's fun seeing them still madly in love with this dog! What's that saying? "Love me, love my dog"? LOL. Strong sell

Agree, thesonandheir. The lowly SP has nothing to do with sentiment as it's now valuing the company at less than NAV - a "going bust" valuation. Therefore in these circumstances you would think they would release a more detailed RNS, including cash reserves, to arrest the current "panic selling" which is driving this down. But nothing, which appears to confirm all is not well. I wonder what the "silent majority" think. It's a shame they've gone all quiet again, maybe embarrassed because the SP has tanked like I said it would. Or maybe just a coincidence? I see borotosh is following tutty's lead thinking there's "easy money" to be made on a bounce - but the bid is already down nearly 20% when borotosh made the "easy money" claim at 9p offer, so an even bigger bounce now needed! Some folk never learn! Wonder if tutty is still holding out for 33p? *chuckle* Also looks like the big sellers are now appearing, just like I said they would. Now just a matter of when the killer RNS appears. Strong sell

"............... continues to investigate additional cost cutting measures" "These measures are expected to protect the Company's cash position" So they're more or less saying they're losing cash and need to cut costs further so stop the rot. But you can only cut costs so much, so what if these "investigations" fail? Looks nailed on going bust, but will my Easter forecast come too early? It'll be close guys! Also, who are the major shareholders these days? Usually takes them a few days to digest and communicate before taking action. This could drop off very very quickly. Strong sell

So IOF couldn't even get the H2 target right with just 2 weeks to the end of the year end! LOL! Can't these fools do anything right? Also, this: "2016 will be a year of prudency and value protection." .... more or less translates into "2016 will be a year of survival". Terrible terrible "investment". Strong sell

That article isn’t worth the keyboard it’s typed on, chicky love. Show me an equivalent article prior to the over supply predicting the aforementioned over supply then some credibility may be given. But I think your search will be fruitless. Yet another stab in the dark by clueless analysts methinks. Good attempt at a ramp though! Strong sell