Member Info for itisagame

https://ceo.ca/vle

another BB, discussions of open short positions etc.

or worse he had a margin call.

It has the resources to do so and if the company thinks the shares were undervalued when they were sat at a higher sp surely it would be in shareholders interests to take action to underpin the shareprice?

I saw the 87m share issue and T.VLE shows nearly 8m traded Friday, i couldnt see where else the shares would have come from. Unless another II has loaned out their shares for shorting, and if that was the case the shorts will have to close at some point and buying back in a market with limited shares available would give the share price an almighty boost.

As you spotted it was only when the other market opened that it dropped. My theroy being his TSX trading account maybe hit a stop loss / limit order point as soon markets opened.

Just a guess on my side, look forward to how trading continues Monday.

I know they would need alternative financing but at 0.7p / share return the agreement is not fit for purpose it was designed for. cancel the 87m left - 20% as their fees, give them the 17.4m shares as fees, company cancels out the remaining 69m, as it stands the potential total remaining return from these 69m is <£500k there has to be a better way, all this deal is doing now is openly selling the shares at similar rates that would have been achieved from a normal CLN.

that is unless they have some other news and plans up there sleeve to brings the sp to >5p.

Yet to see a good finance deal, ISA, CLN both terrible for speculative companies (even worse when the directors are filtering off assets and most of the cash to their own pockets), seems standard placings give the best return for shareholders.

any chance of them cancelling the remaining ISA shares? (minus fees.)
if the sp lingers and they only get ~£70k / month in the near term it doesn't really make the finance deal worth bothering with.
could probably save that by deducting it from certain peoples wages.

views on a share buy back say ~10% shares?

ATOG
https://beta.companieshouse.gov.uk/company/11899484/filing-history

That was convenient, 2/12/2019 they just raised £777,600. so.. they have the cash to pay AAOG..

So all this trouble starts with them withholding $650k to SMP, as they try to counterclaim $3.1m in costs.
Then SNPC withhold payments because sissies orders SMP put on jointly owned equipment (Aaog and snpc)
Why the hell didn’t they just pay the $650k and claim it back later or put it In to an escrow account and have it available to SMP on result of a hearing.
They couldn’t have seized anything then and snpc would have carried on paying.

Using A $650k dispute to help loose £20m in Mcap, that could have been resolved by issuing 10m shares worse case at the time. What’s it going to cost in legal fees?

Then ATOG take that licence AaOG spent cash on researching.

Gets more ridiculous the more I look, so engineered.

$5.3m owed by SNPC
$650k owed to SMP / trying to counter claim $3.1m. (Plus legal fees now I guess)

Milton as a potential 55m share seller
<10m share monthly sellers YA+Riv .

Well fingers crossed a payment from SNPC at some point in near future.

read over a few of the rns a couple of times, think i got my head around it now as it stands.

Milton - 54,922,110 (13/12/2019) can sell as they wish.

YA + Riverfort - 87,041,011 (43,520,506 / 43,520,505 each) (22/11/2019)
Limited to selling 9,110,918 per month - proceeds go to AAOG as per finance deal.

so potentially ~60m shares to clear (55m Miltons, ~5m (assuming they sold some this month already) between YA+Riv for Dec), subject to what Milton decides to do with their remaining shares.

next month whatever Milton have at that point + 9m more from YA + Riv.
obviously plus what any other private investors that are trying to sell.

Thanks, that confirms my interpretation of the finance rns.

Strange how the deal was set in a way that made it possible that Miltons large sales and loss actually help out YA and Riverfort, you could conspire that YA and Riverfort had an agreement with them to limit every parties losses.

Im trying to get my head around the ISA deal, so if the monthly VWAP ends up around 0.78p (guessing at 85% less than 5.2p, given miltons already disposed and potential near term disposals and the effect that has on the VWAP) does that mean AAOG will only receive ~£71k this month from the ISA financing deal that was benchmarked at £470k?

And if you want more insider / corrupt trading methods - If atog bought £600k here they could double their money quick sharp and actually pay aaog back :)

Possible source for the stock suddenly made available to buy today ?
SCOTT EMMETT LAMACRAFT Fri, 1st Nov 2019 14:57 - 4,272,700 shares, (unfortunately held in their pension).
possible limit order disposal?
just stood out as volume on ASX was >5m volume.

And while i was looking maybe its a good time for these to average down.
MAY 2019
"announces that its President and Chief Executive Officer, Sean Guest, has advised the Company that he purchased a total of 20,000 common shares of no par value ("Common Shares") in the capital of the Company at an average price of C$2.432 per share (approximately £1.878/share) on the Toronto Stock Exchange."

"announces that one of its Directors, Russell His****, has advised the Company that he purchased a total of 10,000 common shares of no par value ("Common Shares") in the capital of the Company at an average price of C$2.50 per share (approximately £1.45/share) on the Toronto Stock Exchange."

Ah its CAD $ ty.
Still makes it Priced at cash and no debt?

"At the same time, it is important to highlight to everyone the strength of our Company. Valeura has over $50 million of cash and holds no debt."

“ Net working capital increased to $52.8 million at end Q3 2019 as a result of a net increase in the Company's cash position to $51 million;”

Um ok £28m Mcap and £40m cash, logic.

My guess is A payment (however small) will be made the week before the meeting in Jan to show “good faith”.

Was mine to, I sold 20m at 0.06, for about £1k profit, merry Xmas to whoever I delivered them presents to ;)

Thanks, i was wondering it they were selling for Milton given the price difference and what they seem to have sold at.

Out of interest who are JBER (on L2 @ 0.2 / 0.7), not one I recognise

Anyone contacted align? Good idea / bad idea? Thoughts ?
“Any #AAOG shareholders plse get in touch @ info@alignresearch.co.uk - if we can get 5% looking to call an EGM to sweep Berwick out of office”