Member Info for Hotfinance14

Thanks Dusty. When cash burn is so important at the moment in my opinion I do not see how the BOD justify paying any amount each year for such reports . They do not achieve anything beneficial as far as I can see to shareholders.

If it is £75k then the BOD has seriously lost the plot.

I read that the cost to QFI for the Edison report is £25k. I am not sure if anybody can confirm this. If this is the case it is total madness that a company with cash issues and no revenue is paying for a report that has no impact on the SP.

Our remuneration committee set the pay rates of which our non exec Philip Snaith is the chairman. At an AGM he was once questioned about salaries and he refused to answer.

A nice rise in the GBG SP last week. I expect the SP to be over 900p in the next few weeks. A lot of great potential in the company.

Good research Fosm. At 33% dilution we need to know in more detail what the money is required for. My guess is a high proportion is for those very generous salaries. When the covid issue started in Mar 20 around May I sent an email to QFI
suggesting they take pay cuts as many directors have done in PLC companies.No reply.

I recall a few years ago MK said there would not be an open offer and 4 or 5 weeks later he announced one.

It seems odd that suddenly there are so many of these trading212 trades.

Lots of trades and most of them small amounts.

Once the POSP goes live in Utah then the samples will be sent to QFI. We have been told it will be a quick turnaround.

Mark Whittle was made director in Feb 20.For a full year his emolument figure is £150k. He
seems to be awfully quiet.

It wouldn't surprise if Mike soon informs us of an open offer. I recall a few years ago shareholdres were told there was no need for an open offer and a month or so later there was one. Absolutely shocking.

MSAR trial to now start in Q121 ?

Fox..I am referring to the challenging questions MK will have to respond to.The QFI company secretary has informed me all questions will be put to the BOD and answered.

This years AGM is going to be very interesting as the QFI BOD are goimg to be asked some very challenging questions. At previous AGM's the board have got away with this as those nvestors present have allowed them to. Personally I will be asking them some very akward questions. By the time of the AGM i expect the SP be about 1.5p. WheN MK became chairman it was about 15p!!!

I have a feeling there will be no RNS before the AGM and MK is goimg to be in for a torrid time at the AGM.

I read that the rech sector has been hit badly but not sure why.

We have Morocco and Utah.I just wish there was material news on all these other opportunities.Absolutely nothing.

The industrial trial is 3 times the size of the commercial trial.Superb news.

Great news this week regarding the Morocco trial phase 1 completion and a NEW industrial trial to start in early Q121 before the phase 2 of the commercial trial. The industrial trial will be a lot larger than the original trial in my opinion. We have the UTAH trial starting in December so Q121 should be great for QFI. Q121 is only 10 weeks away.