The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
We will know in a time, if their holding increases again...gla
Will take Mast back in house, they will take 100% ownership due to them having nearly 50% already and been owed nearly £1mill.
Once in house, they will raise so funds and the journey will continue...gla
Mast is in advanced discussions re new funding.....shows the confidence he had all along with us getting our funds from the jv.
Mast has the right to cancel the joint venture if the new partner doesn't come up with funds...lol...you couldn't make it up..lol
If the funds don't come today, we have another £3000 penalty to add to the pile of imaginary money...gla
IF he believes in all the waffle he put out there re monies....why doesn't he agree to take his wages only from the £3k we're getting over these late payments........and we all know why, because he knows its just waffle
Can you please explain your 7.9 million commitment here ?
Just a tumbleweed rns....apart from saying the jv hasn't happened and they still cant get the oil out of the ground.
If the main funds don't arrive, neither will will the late penalty money, and there is jack Mr C can do about it....
Forever promising and never delivering...lol
The late payment fees will also be delayed...lol, getting the feeling Mr C won't see a penny.
Beyond embarrassing, how Mr C continues to push out these delay messages..
Lol....
For the pump in a a few days....then heading down further...just my view, but it's been right for a long time here.
Under the new management team, and with cash on the balance sheet, we have seen a significant improvement in customer confidence. The pipeline of opportunities that are at advanced stages of discussion currently stands at a healthy £3.3 million across 28 unique projects (subject to commercial and scientific attrition). Since the completion of the refinancing, we are encouraged to have added 128 new leads to a growing pool of opportunities which gives management confidence that significant orders will be signed before the 2023 calendar year end.
Is looking more like Metro Bank....desperately seeking finance instead of pumping oil from the ground.
A positive, lights get kept on for a while longer...
I'm talking about Mast, don't understand your reply
The writing is on the wall, Mr C has fooked up again ...total disaster !!!, can't say I ever seen another company announce so many deals/partnerships only for them to disappear with no real explanation. Anyway, what now for Mast ?, I'm guessing bankruptcy due to lack of funds, happy to hear other views..
The can just got kicked further down the road and possibly into the tall grass never to be seen again..along with all our other cans !!!