Member Info for itisagame

I’ll have a look later 👍

It’s a cashless shell, and with £30m mcap requirements main market shells are useless, better to list independently if the vehicle has no cash.

Will get diluted to raise some running cash and then suspended pending rto and then diluted again to raise capital for rto.

Shells are risky as they come.

Make it a 3rd -50% day in a row and I’m in.

628 to buy, I shouldn’t look as it’s tempting me more by the hour, they are selling at hefty discount to conversions already, 90% of enlarged company issued today, wait for them to clear out, might miss bottom but miss the fall too.

0.04 is where I would feel comfortable buying as a shell, as it has no cash, but it would be against the risk of another consolidation and raise, aswell as legacy selling out for whatever they can obtain.

Did take some yesterday at .10 as a beer money punt (didn’t work obviously, I didn’t notice the new shares hit market today, I expected a week or so with 60m shares for fun and games before they were issued but read rns properly after hours) but drop doesn’t surprise me, watching may add but want to see who these buyers are really, to see if they are investors with potential asset to drop in and not traders

And not even 11am.

No one has made any profits yet, was only about 4 people posting before this morning and we got in at 0.3-0.6, or the multiple pence for older posters.

The cash payment is transformative for the situation AEG was is

24m volume, 40m was the all time high, an rns confirming payment paid puts this in to orbit now all the old legacy sellers have cleared.

I added some more, 1p initial target, cash equiv ~1.25p alone, could see up to 3p if buying frenzy starts or they get some actual sales.

Companies Second highest volume traded day in 45 mins.

The process will magically work at PDI next month now.

The PDI Parties have agreed to pay Active Energy a cash payment of $1,650,000 by no later than 5th March 2024, in consideration for, inter alia:

· The return of cash proceeds formerly committed by Active Energy toward the development of the Ashland Facility.

· Active Energy transferring the ownership of certain production equipment, not essential to future CoalSwitch® production, currently located at the Ashland Facility and elsewhere in Maine to the PDI Parties (the "Transferred Assets"). The book value of the Transferred Assets as at 30 June 2023 was $2.5 million.

· PDI will retain the ownership of its intellectual property created and developed in respect of specific know-how for its production methods at the Ashland Facility, and PDI will retain rights to own, develop, license, and use this specific know-how. These rights do not infringe upon Active Energy's current IP and PDI is not permitted to use any of Active Energy's existing CoalSwitch® trademarks nor use any of Active Energy's existing proprietary intellectual property in the US, Canada or worldwide.

Us - it*

As previously announced, Chesterfield Capital Limited has undertaken to convert the existing £500,000 debt at 0.0065 per ordinary share in the Company (being 76,923,076 ordinary shares when calculated prior to the reorganisation as detailed in the Resolutions) (the "Chesterfield Conversion"). Chesterfield Capital Limited has issued a subscription which is only conditional on the passing of the Resolutions.

They took a Wack on that, still holding 8.1m / 11.77%, there must be a bigger plan to keep us alive and not use write off as tax loss.

In for a tiny spin, Pyebridge RTO anyone?

My guess anyhow, they are all so interconnected.

New news events mean I retract the below part, as DKE have just converted most their liabilities to stock and selling to new investors, Im now thinking DKE might just be the vehicle for Pyebridge….

“And i dont think it will be DKE who is within the web of companies involved here, as they already have £1.6m of liabilities, they will want a cleaner vehicle in the fold.”

Just going off last issued results,

total liabilities : 2,828,952 as of end June 23

Spent a little time looking over MAST and these are just some thoughts, take them as you please.

The loan from RGO is under Pyebridge Power Ltd because it had few £ liabilities, KIBO and MAST didnt get the funding because they had £5m and £2.5m liabilities and already owed RGO money.

Kibo has no money apart from what its selling the MAST shares for

Mast PLC has no money apart from the £80k director loan in December.

Kibo will drag along for a little bit using MAST sale cash, Mast will need to raise capital at PLC level very soon as already running on borrowed time.

The only way RGO get repaid is if they list Pyebridge and rinse some cash raised from new investors, i am predicting they will do this via a shell company to save on costs.

And i dont think it will be DKE who is within the web of companies involved here, as they already have £1.6m of liabilities, they will want a cleaner vehicle in the fold.

Good luck either way, but if this rallies they will be raising money and forward selling placing stock in to any volume.

Just a flying visit before the RNs lands.

lol Neil, gets this abuse on every stock he buys, he specialises in dying companies and knows how to play them better than most (in part because he’s learned from his losses on many), the result is always the same so movement : drop drop drop, rally, drop, drop, rally, drop, doors closed.

If you have to play just Treat it as a roulette table gamble, beer money, take profits when you can, maybe leave a little free riding for the flutter if you must.

But what he says is true in 99% of cases, and everyone always thinks the next share is the 1% that won’t, good luck to everyone anyway, never hurts to take profits.

Well must say the Churn to a bounce post news and subsequent large II sells is taking much longer than I originally expected.

Half a mil mcap, cash in bank currently prob around the same and $2.9m of AEGs cash to fight over, I expected it to stabilise at around £1-1.5m mcap.

Worse case it’s currently a cheap shell with some potential cash back from legacy, best case they can monetise something from their patents / ideas. (For the benefit of the company, not their pocket)

Worse case long term is the same as any company with costs and no revenue if they dont get their act together