Member Info for Ilovesushi

At the GM vote YES to all resolutions.

These are the people who never engaged with the owners (shareholders). Look at them rushing around now wanting to answer question.

They are like politicians who you only see at election time and visit you when they want your vote.

SHOW THEM THE DOOR. Take back control. Decide your fate. VOTE YES

5.0 pence looks like

To do that they have to buy forcing the price higher forcing other shorts to close. Bear Squeeze.

2 - 2.5p

Either that or administration.

TheChessMaster

I think I do comprehend the situation. Not that difficult really. It is quite possible as you point out, it may not be the case that we get the remainder cash. I concede its very possible that no money will be returned by voting no. Going with the new novel product may be a possible way back for those who want a return of their investment.

We know how the management strung this out longer that originally envisaged and spent more money because of it. Cash is significantly down. Prolong further and adding the indemnity clause there could be little or anything left when you add wind down costs. Yes add delisting and winding costs it could all be gone. You make a good point.

Should see many of the having closed. And or will continue to close as they see this going higher. Just started to turn and it looks like all the way back up from here. Deutsch Telecom deal to match Vodaphone/3 deal?

They now have to close and by doing so force the price higher making them pay more. Little squeeze for sure.

£1.1m

Not enough. They are already putting in plans for the next raise. 1.0p and below if they get one away at all. The one after that 0.50. Get the drift?

There are only prospects of further placings. These silly cooperations with Universities and such like bring in no cash. Cash comes from issuing shares. A Fool and his Money is easily parted. I am sure there are fools who will buy into the next before the next dilution.

AVOID

Now who was it prediction £1.00?

We know who they are. Now will they change their target price? Now who are holding those shorts to the tune of £300,000,000. Or should I say 3000,000,000 of shares out on loan?

Gosh caught with their pants down. They are buggered.

Sorry guys. I saw this coming and made this clear. It was always heading for administration when it was obvious the cycle had turned and they were doing deals at lower cost than production.

With the shares suspended, administrators are being appointed. Such a sad affair. Do not despair guys. Take this as a lesson.

AIM is a cesspit.

AIM is a cesspit. Invest at your peril.

Out of the frying pan and into the fire.

Things looked like they could get better, but has got far worse. Whats in store for the new company? Fat executives that issue placing to keep a lifestyle. This business must end. Who is so gullible now that think this plastic thing can be injected into anything? Now who will pay for this research and how much needs to go into it? Why did not big pharma show interest? Why the hell did Robin not just return all the cash before he took most of it out in salaries and fine dining?

Hands in the trough to me. The management must have been involved in their own private businesses while raking in most of the cash with fine dining and travel expenses. And taking high wages. This is daylight robbery.

I would love to go through these guys expenses. Looks like they have lived things up and taken what they could. Extravagant wages. Gosh hardly any cash left.

These new guys now will their silly inventions want us to go on a other journey with them with soon to be issues new shares in the next dilution. Decades away from any cash generation.

Damn VOTE NO.

Looks like a lot of cash was burnt during this search for an RTO. Lots of lunch meetings paid for from petty cash, travel expenses of all kinds. They must have helped themselves and had a good time with a party here or there. Little is left and all that is going to come from this is a company that makes some small plastic extruding. What a disaster.

Any future company with Robin involved should be avoided. No prospects here except placings.

VOTE NO and save what little cash is left before it is all squandered.

What a disaster of a management.

It’s now been made clear. The reason for the listing. “Further funding will be required”.

Sorry guys, all that is in prospect now is dilution and placings. This industry bleeds cash and to get that cash, shares will be issues and remaining shareholders will be diluted to death.

VOTE NO

They should do the decent things and fall on their swords but will they? its a gravy train they want to hold onto. VOTE YES and Kick them out. They should be arrest really. Total value destruction and it looks like things could get even worse. They people should have left long ago.

Better put the company up for sale rather than pursue a placing at this level. Lets save what little value remains before these clowns destroy the lot.

Shishir Poddar,

Puruvi Poddar,

SEND THEM PACKING

I meant that Puruvi Poddar should given the door. Put him on on his ear. Shocking management. Should be jailed.

Shishir must go. If he had any decency he would resign. Sadly he must be pushed. VOTE YES

Expected price that could get that is if they can find a funder 0.5 pence would be the norm. If they cannot raise then it is administration.

This is a charity that will never make money. Buy knowing you will never get your money back and lose all you have. RIP

That the allowed cash to fall so low points to them being unable to raise funds and this is the problem. If they cannot raise funding it is the end. Placing is what keeps this company afloat. Even if they were to raise money it is at a massive discount. Either way the shareholder here is buggered. RIP. Possible administration or total wipe out in the mother of all placing. Either way the shareholder is wiped out. Sorry guys