Member Info for Ilovesushi

Laura

I am aware that these companies list for this purpose. In the case of these shares that I bought they are closer to an income stream than. this company. There will be many more placings. I foresee administration here as soon as PI here become sick and tired of being diluted and wiped out. Glad I sold these around 10 pence area or I would have been diluted as my other conpanies.

Trick is to try to dodge these placings. When I was doing this on CPX I was accused of trading. Lol

Hope you did not lose too much here, that is if you were holding here. Regards.

Well done to Ninetails for predicting another placing…

A leopard cannot change its spots. The company further than ever away from profitability. Anyone else who thinks this is enough money to keep the gravy train running are fools. More placing to come. In fact many more. You have all been strung along with this new venture. They will soon have another venture to keep you part of the team and coughing up money for more paper. Damn.

They need some update as a carrot to get the next fundraise away. This company is kept afloat by fundraising alone. Issuing shares. No or little income will come from selling a few human cells. That they do NOT report how much the cells were sold for is telling. I think they sold a couple of cells for 50 pence. Making 50 pence is not going to keep this venture out of administration. No one wants their research and certainly few are going to pay for it. The whole purpose of setting up a new lab is to diversify. Diversification is being done as they know there are few routes to profitability. SELL. Fundraises and dilutions are what are installed for this business. A charity. AVOID/.

Market Capitalisation of £6.94m is TOO LOW. Should be 4x this. Multibagger is written all over this.

ACTION SOON.

On farm-in and completion, it will be impossible to buy. This will be a completely different animal and the market cap has to be multiples of where it is now. Best multi-bagger out there atm. STRONG BUY.

Ao how much dis the cell the human cells for? £0.50 pence?

Why note state it. Matter of time for the next placing. AVOID

Another charity.

Know way the creditors are going to buy shares at 1.p yet alone 2.66. It just needs to call in the loans. The corporate department crashes and burns and becomes insolvent and they just take the assets for free. Simple. Share value zero. Administration any day.

Not looking good.

Going to break upwards.

There was a good reason why there was new demand from institutional and other investors, (many of who were already shareholders in the Company) wanted to buy more shares in a subscription. They see what is coming.

Nice jump there.

“The oil has more associated gas than expected”.

Reading between the lines.

The well is NON commercial.

“The company is now profitable and is now producing revenue which covers all overheads”.

Assumptions and not according to the last accounts. On these flows the company is really non commerical and with other ventures planned there will be more placings with only the promise of future/potential profits.

Market CAP is huge for such a low producing company. Corporate expenses will eat up any income from these fields. The shares need to drop another 50% and they will see be over valued. Sell.

VEL

Any money it has left from the last fundraise will soon be used up as the company continues to develop renewable energy projects through the SunSteppe Renewable Energy. It has admitted this.read between the lines as you will see this who venture is non commercial and more cash will be needed.

Huge market CAP for a company that has so little to show for it. Avoid.

Reading between the lines this venture is non commercial.

The management are not going to cone out and say this obviously, they will milk this like any gravy train.

Long way off for real profitability and this means shortly the company will need more funds for more wells. Now who pays for this?

Matter of time before there is another placing. Avoid/Sell.

Hold or buy with expectation of 2.66p offer. Or sell now at 2.00p in the expectation that there will be no offer and this will end in administration?

Its possible that if business deteriorates further or there is a snag of one kind of another, its very likely those who have loaned a lot of money to the company will let the company go under and it can then take ownership for free. There will be no offer. Only administration.

This is the very reason why the shares are now below the possible offer price.

I expect there will be no offer. Why should lenders who have a lot at stake with their investment here give anything back to the shareholders?

The shares after all are worthless considering the company is actually insolvent. A bird in hand is better than two in a bush. SELL.

The management has no other way but to protect the interests of its creditors. Normally os its creditors has called in its loans the management would have need to call in the administrators.

Now it is need of a fundraise and placing and to keep the company afloat. Now shareholders have been diluted at least the pressure of paying back its loans are eased and it may or may not getting an offer for the remaining shares that the creditors do not own, but there is no guarantee an offer will be made. The remaining shareholders can still get nothing and the management can still call in the administrators, this is why the share price is going to fall below the offer price. Who wants to be locked in on a company that has no listing and administrators may still be called in any you may get nothing.

Poor management here and they should all be fired. First thing is to cut their salary in half.

"let's be clear here - the assets are being stolen, period."

When creditors see difficulties sees difficulties in the company it has leant to, in order to protect its investment it will be the first to call in the loans knowing full well the company is unable to pay back those loans. So they take the assets of the company. The companies ownership changes hands. The shareholders are then wiped out and any ownership they once had is lost.

In the case of Hum there seems to be a novel twist than the usual take-over. Although the company will lose its listing shareholders will be offered a token amount to exit. Does anyone want to continue to hold shares in a delisted company? RIP

Lucky I sold these some time back. I had 3 companies this month do placings. TRP CPX EME.

Aim is a sess pit. Poor shareholders diluted again and again. Now Hum is not doing a placing but this debt for equity is the same thing. Now your hit in the balls with a delisting to. Debtors calling in their debt and taking over. Shocking management. RIP