Member Info for Hotfinance14

'You might not fancy the likelihood of the trials happening but you can’t deny the scale / value of the opportunity if and when it does.'

Why would I not like the trial to start ? I will be over the moon if the trial starts like most shareholders will be.

'HF yep I thought it may do so always use it as an opportunity and pop a few more in the pot. Doesn’t even matter if it goes below a penny like last time because if they sign the agreement it will fly back to 10p+. It’s probably thanks to you and your mates who relentlessly bash the share and staff that I have picked up so many cheap shares over the years. I may owe you many many pints one day to say thank you.'

Akhm...so you think the SP will go up over 500% if the MSC agreements are announced. Sounds like you were on he pints when you wrote that post.

As we know AKHM has posted many posts giving his feelings. I wonder if he kept it to himself that he had a feeling the SP would go below 2p.

The SP is now 48% lower than what it was when our new CEO started.

Regarding a 2nd shipping company trial it seems far away and he originally targeted November 2025!!

Correct me if I am wrong but i think he said their signing agreements for specialist consultants to come on board.

'HF14, you can see JMs remuneration in the accounts @ £365k pa (to Jun'24), ignoring the share options afforded too'

With JM on £365k then Peter will be on nearer £450k.

If you take these 2 salaries out of the total the average salary per month for the remaining 13 staff will be £14k per month.Staggering

'You probably have two guys on CEO wages now, I doubt Jason took a pay cut, and a few other high flyers'

Totally agree.JM will be on just over £300k and Peter around £400k which is £25k and £33k per month respectively.

The cash burn at Quadrise is now around £300k per month. The majority of that will be on staff costs which let's say is £250k. If we say there are now 15 staff that is a an average of a staggering £16.6k per person per month. Then you have to ask each of those staff what have they achieved to warrant such a high salary and we all know the answer to that (apart from the BOD fan club).

Many will recall on 2nd October 2025 AM stated they had never had so much in the pipeline but these were not at the RNS stage,We are now approaching 4 1/2 months since he stated that and we have heard nothing.That sums things up.

Don - I said approaching so no need to start counting days ol boy.

'Unfortunately Tuckman, we've attended enough of these conferences to know they don't make a blind bit of difference...just " The Industry: virtual signalling and getting a free day out to talk BS over free food....This one will be no diffetent...just that our new BDM manager might have a bit more nous over how to get to the buffet quicker before the good stuff has gone too quickly....some sort of secret code'

Cracking post Vince bravo

Tuckman...do ypu really think that could happen when after 20- yrs of conferences it has never happened before.Back in Cukoo land ol boy

SN88 thanks. I have Q3 pencilled in for the next fund raise.

'I am sure they said they wouldn't need to raise funds before going commercial'

Yorkie..I don't recall them saying this. Where did you hear this ? They did say that they expect revenue by the end of the year but no way will that be cash positive.

Yorkie..When does your chatGPT state the company will need further funding ?

The article does state :

The additional ships are understood to mirror the original batch in both design and specification, with LNG dual-fuel propulsion forming the backbone of the series, underlining MSC’s continued willingness to back alternative-fuel tonnage at scale, even as the liner market works through a softer phase.

Mediterranean Shipping Company (MSC) has moved to deepen its bet on LNG-fuelled tonnage, exercising options for eight more 11,500 teu dual-fuel containerships at China’s Penglai Jinglu Shipyard.

https://splash247.com/msc-tops-up-jinglu-orderbook-with-eight-more-11500-teu-ships/

'Can anyone remember which board member (shortly after the 'our time is now' comment ) said 'actually, we are turning customers away' ??'

I am sure it was AM and then he stated we are concentrating on our core projects.

Don i stated approximately.Let's make it 8 weeks if it makes you happier.

In approximately 7 weeks our new CEO will have been with the company for 6 months. I recall may posters said they would give him 6 months.

'Multiple trials? As it stands I’d settle for a test on Barry’s fishing boat in Blackpool!'

Funny you should say that.I know a Barry that has a fishing boat in Torbay. I will hive him a call lol

Tuckman is now in cukoo land himself.An RNS with multiple trials.Good lord.

Enjoy the winter olympics ol boy.