Member Info for Ilovesushi

As cash depletes so will the share price.

The Reduction of Capital had the effect of reducing the nominal value of the Company's ordinary shares from 14 pence per ordinary share to 1 pence per ordinary share. Obviously with the share price falling below the nominal value the company would not be allowed to issue shares. It made these changes to allow it to issue more shares.

The trouble with this company is it is still selling its batteries below cost price. Sooner or later its cash will be gone and they will go back to placings to raise cash. AVOID.

Deals here or there will not help. Why be impressed when they sell a battery when they sell it less than cost? Its not sustainable. Sooner or later they will be doing placings. It has cash so far but it is burning through it. This change prepared the way for more placings of its new shares. AVOID

What is holding this up? Surely further falls likely?

Its been a while surely it is time for another placing? Gosh a history of them and still so far away from monetisation its the only way to get access to cash. A poor share that many have lost so much and more will lose more.

Actually this is supposedly listed on the Official List and therefor not AIM. Has all the hall marks of an AIM type share.

For the chance an opportunity to obtain cash. It does so by placings. Not a great time to enter the market as most investors are giving up on AIM. We know how this market works with placings done at discounts where playcee buys back at a discount pre issued shares or forward sells. People are tired. Do not see this doing well.

Sharebel you too. You missed out on a 100% rise. OUCH.

Wait for the extension news then come back and tell us you predicted that also. Maybe you will get your TEENS? Then you can tell us you told us so?

LOL

Haha

Anyone notice the "told you so". So this is what it is all about. Now why are we not reminded of his earlier TEENS prediction? Did Sharebel not miss out on 100% rise? Now he is right all of a sudden. What a tool. But I guess all boards have one. Seems to have taken pleasure in being correct. I wonder how he felt when the share price was more than 44 pence not long after his TEENS prediction. What a dummy.

Beardeddraggon.~

Haha o is "I". sorry typo

Talks are continuing and that means a deal is still very possible. Just not at the inflated amount many have suggest. Still a good return of 100% if the deal is struck at 80 Pence.

Lets remember at times a leak is done on purpose. God forbid, does that mean someone talking to the FT? Lol

Tight lipped so far. Sadira pulling a good one and keep the price down to make their offer look better.

Deal will come. Just not as high some wanted or expected.

85.0 pence is good. They should take it. But that will be decided “AFTER” the extension is announced. Good luck all.

Perhaps we should be realistic, if the share price is 40.p and 80.p would be a good offer and 100% higher than today's close. Pi have been expecting to much. I always said O would be happy with 85p and a 200% gain. I think that’s a good price for Sadira. I know Long Term Holders will want more. If they (institutional Long Term Holders) think 80.p is too cheap, and the price should be higher, let them buy more in the market. Lol

Talks to continue for another 28 days. This is good work by Sadira keeping a lid on this. Looks like they could win this, but just need a bit more time.

If the extension is granted we know the parties want discussions to continue. This is a good pointer that a deal can be done. Its all to play for.

If the parties were so far apart either or both would have walked.

An offer will materialise during the next 28 day extension period. Its amazing nothing has leaked.

Remember, anyone who followed the advice of Sharebel up to now lost out on 100% rise. He himself lost out following his own advice.

Probably already agrees by the take-over panel. So it is in place for the announcement. They wont wait for the last minute then ask. It must already have been agreed in Principle by all parties already. Just to be announced by RNS by close on Monday or just after close.

All to be seen as a positive. They are still talking so a deal is always possible.

UP WE GO

AND QUITE RIGHTLY SO.

Muti-bagger

Mannan

Mako asset is worth many multiples of the Market Cap. So a positive drill here should force the price higher. Genuine Muti-bagger here for all who enter at this level. It’s been a fast drill. Just need to see or hear words of oil show. Should send it higher. End of day RNS or Early Monday?

MULTI-BAGGER ON MAKO ALONE. This is the cherry on the top.

Strong buy

GOING HIGHER

SOMETHING IS GOING ON.

MOVING FAST.

Looks like we are in play. GOING UP