Member Info for Hepseal

"the Company is delighted to confirm that it is intended that WTG will become the platform provider for the betting business the Company is launching in Mexico with its partners."

Thought something like that would happen!

Fab research Phil

Cup 'n Handle ah, think i'll have a coffee!

I am in a hurry at the moment but I would just like to say that I support and agree with the comments and questions raised and posted by Lothbury and Lostmoney.

Guzz - it is the same company, look at ME.s cv below, if you look at the end bit all the mentioned organisations feature on the IgniteAMT website, i,e., Channel 4, WWF and NHS.

"Mark Epstein is an experienced CEO, director, entrepreneur, expert in marketing, communications, technology and mobile. Mark is the co-founder of Krunch.ai a next generation insight and intelligence platform, IgniteAMT a digital transformation company and IgniteCAP an incubation and investment business. Mark also co-founded and was CEO on its AIM listing of the world's first Ethical Mobile Phone Network, co-founded the UK’s largest digital voter registration project as and has co-founded digital agencies that work with clients such as Channel 4, WWF and NHS."

IgniteAMT is a registered company in the UK but yes, they are showing a New York address as well on their web site.

Guzz, with respect I think you may be barking up the wrong tree.

There are a mixture of addresses given for the various companies, some correspondence addresses and some registered office addresses so a bit confusing to say the least.

However 12 Hay Hill, Mayfair is shown as the UK address on the IgniteAMT website and that was also the correspondence address for Mobile Streams in the past. I am not sure if that is the current situation.

Chesh - You have an obsession here with delays and missed targets yet you never seem to mention delays and missed targets when posting on that other share that you are invested in - strange that - I think you may have more to worry about over there than here.

Guzz

I have no idea how many customers IgniteAMT have but City posted the following sentence:

"MOS is not the only client of Ignite, they have been going since 2017 and have a lot of clients, their biggest one being Unite Union who they do print and text services for - look at their website."

There website does imply they have other customers but they may be historical.

For Mr Bassett:

""IgniteAMT Limited is a company where Mark Epstein is a Board Member and has a beneficial interest and Sri Ramakrishna Uthayanan is the Finance Director without beneficial interest and Tom Gutteridge is a Person of Significant Control. During the year Company made payments of £172,200 excluding VAT to IgniteAMT Limited. At June 30 2023, the company owed IgniteAMT Limited £25,280.""

City - it was you that said that MOS needs these services on an on-going basis so how does that make it historic.

Furthermore last years accounts were only released in December so I would not class that as historic either.

Anyway, I am glad that you agree that MOS could probably obtain these services cheaper if they did not obtain them from Igniteamt.

Lostmoney - AH no longer works for MOS but ME & TG salaries last year were £82,500 each (from MOS).

City - If Igniteamt are providing these sub contract Programmers, Developers and Coders to MOS as you suggest then Igniteamt would almost certainly be adding a mark up and profit so MOS could save money by engaging these sub-contractors direct - need I say more!!!!!!!!!!!!!!!

From memory about 3 years ago there were many who questioned the financial relationship between Mobile Streams and Krunch. I therefore at the time welcomed and supported the partial and full acquisition of Krunch as I saw it as removing any potential conflict of interest and getting everything under the control of Mobile Streams.

It now appears we are back to square one and similar questions are being asked regarding the relationship with Igniteamt.

Dave6 - Perhaps you would like to offer some "Factual Comment" to this discussion if you are able.

City - "MOS is not the only client of Ignite, they have been going since 2017 and have a lot of clients, their biggest one being Unite Union"

Really, according to the accounts IgniteAMT have 1 employee - presumably that is why they don't need all there office space!!

Nice one Scotty, nearly choked, Ha, Ha - you sound like a credible poster to me!!

Corrected Text, June not July:

IGNITEAMT SERVICES Ltd (incorporated 28th June, 2023) this is the company TG resigned from.

Lothbury, There are two separate companies with similar names:

IGNITEAMT Ltd (incorporated 18th July, 2017) referred to in recent MOS final results.

IGNITEAMT SERVICES Ltd (incorporated 28th July, 2023) this is the company TG resigned from.

Confused - perhaps that is the idea!

There was Shed and for some very strange reason my post has been taken down.

If you google Ken Seymour, Cera Phi, You Tube you should find it.

I don't know what to make of Block at the moment. There is a lot of euphoria on the chat board's about the potential Project 3 farm out, together with project 2 and 4, and it is obvious from recent events that PH knows his way around the world stage, but these are long term projects and I can't help thinking there is a problem on Project 1. Why else stop a project that was supposedly in full swing only six months ago and a project where they have invested so much time and effort over the last four years in order to provide revenue to set up of the other projects.

I am afraid I do not buy into the so called reasoning for not providing a Q4 Quarterly Update. We will probably not know now what is actually going on until they publish the final results for the year around May or June. Anyway, I am not going to say any more on the subject, I will be watching from the sidelines, may be doing a bit of trading, but I am not going to post here again until we get the final results.

Hi Thordon, is his what you are looking for:

"Europa Oil & Gas has struck a deal to buy a 42.9% stake in Antler Global, which has a licence offshore Equatorial Guinea.

Antler won a production-sharing contract (PSC) on EG-08 in May this year, where it holds an 80% stake. State-owned Gepetrol holds the remaining 20%.

Europa is paying $3 million to acquire the stake in Antler. The buyer said the funds would be used for first year costs, including the acquisition of existing 3D seismic, which it will reprocess.

Drill plans

The first two year term of the licence does not require the companies to drill. However, Europa said it believes there are already drill-ready prospects, with three independent targets.

Antler plans to farm down its stake in the block, bringing in a partner capable of funding drilling.

EG-08 is east of Bioko Island, to the north of Chevron’s Alen and Aseng fields, in Blocks O and I. According to a Europa presentation, Prospect A is 9 km from a wet gas processing platform on the Alen field. All three prospects are close to the Chevron fields.

A well has been drilled on EG-08 in the past but was found to be dry. Europa said this well had found some condensate and had proved existence of reservoir.

Europa put total Pmean mid case prospective resource at 1.386 trillion cubic feet of gas equivalent. It expects the overall chance that one of the three prospects is commercial to be 91%. All three prospects can be drilled from a single well with two sidetracks.

The cost of drilling such a well with a jack-up would be around $50 million.

Europa CEO Will Holland said the deal was potentially transformational for the company. It “adds another high-impact exploration prospect to our portfolio and ties with our strategic approach to replenishing the portfolio with potentially high impact but relatively low risk prospects”.

Europa will pay the $3mn to Antler in four tranches, with the last due in October 2024. Holland will sit on Antler’s board to represent Europa.

Block Energy’s Paul Haywood and Christopher Irons set up Antler, according to Europa. Companies House reports Simon Barry as a director, who was also on Block’s ESG committee, rather than Irons."

Funny how MOS are plugging the 79% increase in revenue due largely to the now defunct IGS contract but City is over on ADVFN implying it is no great loss as it was really only worth £372k !!