Member Info for Ilovesushi

These type of facilities never work, I do not know why many companies do it. Probably the funder finds it more rewarding for them. They can now sell the shares they have then buy them back at lower prices in the future. Basically shorting. Often called death spirals. A straight plaing would have been better. IMM uses this form of facility and every time they entered it any rise is sold into forcing the price at lower and lower prices then hey presto a new one is announced. NOT good.

I think there could be some new resolutions put to the shareholders with a form of requisition. Voting out Bramhill and introducing new directors. It is time for Bramhill to go. Maybe this new man increasing his stake has ideas.

Good luck all.

Next raise 0.005

Consolidation anyone?

Sorry. Hope thats more clear.

So problems with the accounts? Why should this be a surprise. Why so shareholders finance this man who has a history of failure?

Will they ever come out of suspension? It’s about time the company is wound up.

Any shareholder still holding here will get shafted twice and thrice over on the expected consolidation which has to take place prior the next inevitable placing.

Any money put into this outfit is lost. Kept afloat by placings and the company is no doubt planning its next placing. Years and years from any meaningful earnings can be expected here. Probably be another 10 or 12 placings and more shafting of shareholders. The thing that has gone on in the company is bordering on the criminal. Businesses like this should never be allowed to list, its nothing but daylight robbery.

Market. cap of £16,000,000? Why. Even of this drops to by half, £8,000,000? For what? There is no business here. It’s all based on hype. Fundraise incoming. I do not see a going concern here. More drops to come.

There is no business here. Just a management desperate to keep the gravy train running on a platform of selling shares or really confetti. AVOID. Who wants to be stuck in Aquis market and then get demands for cash?

If the company cannot complete its accounts on time it will either wait until the day it should announce or let the market know in advance that the accounts will be delayed. It should then disclose how long the delay will be and warn holders that the shares could be suspended. Obviously it has going concern issues. No one is going to want to be locked in as there is a chance the suspension turns out to be permanent. Very risky play here now.

Another consolidation at some point and back in old money 0.5. The rinse and repeat. Any money the company makes will go to pay of bonds. So far from any meaningful income, this will continue to issue shares and dilute you all to death. AVOID THE NEXT INEVITABLE CONSOLIDATION AND ABUNDENT PLACINGS and dilution.

0.0575 JUST 6 MONTHS AGO.

95% down. You think it will not go lower?

Can be down another 95% on by the next placing and another 95% down after that and it will still not be the end. ~

~

AVOID..

It will all end up being taken private when people refuse the company permission to print all this confetti. Then those who are behind the scenes will pick at the bones. AVOID...

You are 10-20 further placings away from any meaningful income. At this rate there will be about 100-200 billion shares in issue.

This company has never been profitable and makes money from selling shares. Its time for a name change to cut off from the past. Then rinse and repeat. This is a gravy train for a fat lazy management. AVOID.

Why is the MC of this company £21.71? Half this would be too high. Even 1/10th is over paying. There is zero business here.

Value of Ora Technology £25,000,000 now Zero.

There is no business here. Its going to make cash by selling shares. AVOID

Discount of 17.6 per cent. And you all have a bit less of the company that you held yesterday.

Another 4-5 placings at the very least before this thing creates an income. So much dilution and there is more to come..

Thats 10 billion shares. Consolidation next then Rinse and repeat. Mote placings on the way guys. This is how they make money, they have to get paid.

And the thing is, this will nog be the last and there are more on the way.

This could start doing well.

Nice