RE: Loan Notes at 0.6p13 Aug 2020 16:23
Again, this explains why you get everything wrong and lost all your money.
1. A CLN means that I carry no risk unless the company goes down the pan and the security and/or the company is worthless.
2. In this case we know of one asset worth about £2.9mil and another work about £400k both liquid. We also know it has other assets: what are the chances of it being liquidated and us losing money: I know it is zero, not negligible but zero.
3. If the share price doesn't move I accrue interest a rate of 9% over what is called the riskless rate of return. That is called a super normal return. I get that return partly because of people like you spending 2 years of your life ramping Andrew Bell and 8 years of your life ****ging him off. If the company and its assets were fairly valued I would not get that return.
4. In the meantime, I accrue interest and so the position that I can convert becomes greater month by month. It suits me that the share price is at my target price for exit in December 2020 rather than now. If I convert and get out now at 2.5p, I make less than if I do the same in December 2020.
5. If I can convert and get out at 2.5p in December then I have had a riskless return of about 16.67% on my month for a hold period of 4 months: ie., my annualised return is 3x16.67% ie., about 50% pa. It is not possible to get a riskless return of 50% pa elsewhere and I have lots of investments.
6. In reality, I think I will get out at greater than 2.5p, in fact well in excess of that. You won't understand that because 1 you are biased 2. you are uninformed 3. you are uneducated 4. you don't know how to think like analyst.
7. I hold shares, CLNs and warrants. Some of my warrants are at 0.75p and some at 0.9p. I fully expect to make a life-changing amount of money here, an amount that you could only dream of and the only reason and I must emphasise THE ONLY REASON it is possible is Andrew Bell and the antics of your little gang of monkeys.
xx
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