Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Simple answer Tony.....incompetent BOD
Hi ITT.
My fear is that CC has been taken as useful fools over the past few years to force prices down. I sincerely hope not but time will tell.
Regarding your 40% increase comment, I would also take that and my last cash draw prior to selling down. There's only so much incompetence one can take from this hopeless bunch.
5hit show us an understatement ITT. The BOD should be ashamed of themselves. Their front knows no limit. If no significant orders by year end I am preparing myself for some very negative news in the new year. The BOD are probably working on the spin as we speak.
LTI.......you have just set me up for the day :)))))
Https://trilliant.com
They also have cash........ and plenty of it.
Said it before this is a lifestyle company. The old wagon will keep bumping along the road until JC and others have had their fill,then one big belch and off to retirement.
Anyone remember all the excitement about the "enpanelment". The few orders look cut price and the silence is deafening, yet still the believers believe. Absolutely no way any of these clowns would last in the real world. That being said they've been clever enough to make plenty of cash here with little risk over the years.
Hi ITT.
That's the sort of thing that really annoys, the devil's in the detail. It makes me wonder how much of this lack of professionalism goes under the radar. It really is basic stuff you would expect from a senior management team. Unless things change its only a matter of time before it results in a serious outcome. Advice to JC and Heather from someone who knows about compliance. Check, Peer review, Check, Publish. None of the RNS,s are particularly complicated documents. The persistent mistakes make CC at times look amateur.
How the feck do these keep getting away with it ITT? Surely someone would have said "Hold on JC, not sure this us a good idea in the present circumstances, a website note would be better"
You give the too much credit Sandgrounded. This lot don't have that level of lateral thinking.
Morning ITT. CC never cease to amaze. On their ar5es and needing to consistently raise finance yet put this 5hit out that adds zero value to the. company or share price. No doubt it will bamboozle some of the less intelligent as well as giving them a giggle in Cambridge. Senop board members need to wake up to the real world scenario and earn their money........ oh we had the same conversation last year...... and the year before...... and the year before. Never mind the annual Santa party ..... I mean rally is on its way🙄
Certainly entertaining in a wierd sort of way. I wonder if JC and Heather have considered stand up comedy.
Someone tell me they are taking the pi55 with this latest RNS.
Get the Company company profitable and investors may take you seriously. You have a CFO that apparently doesn't understand figures and a CEO that frequently signs off inaccurate RNS,s..... resolving that would be a good start.
Oink Oink .....trough open
Thanks for that LTI. I did pick up on that a while back. Perhaps Ratna Garapati pushed for it as a development product when he arrived. Either way if adopted it would prove a very good revenue stream. moving forward. Better than I feel than the comms modules potentially and with less of a financial outlay after intial development as it would be no doubt on a licence basis without the hardware cost. For me it could go a long way to risk mitigation, that is if they can get it adopted quickly.
Hi Itt.
Probably the most predictable share I hold. Not complaining though. As long as you know their MO there's money to be made and this lot are as easy to read as a one page pamphlet Lol. One thing I'm hoping is that have developed a decent HES. If their offering is adopted cash will flow in earlier than that from their comms modules. The HES is usually on a paid per monitored connection licence basis.
That being the case they get paid for each connection from whatever company adds a connection ongoing. That's the usual business model but with CC...who knows?
Rinse and repeat ITT...Rinse and repeat. That's all Zeus need to copy and paste in their "report"
Why do you think tony? It's not that difficult to work out.
One thing for certain it ain't going to be £5......£1.......50p at the current price in my opinion.
As always it is now clear why the price has moved so significantly in the last couple of months. Of course you wouldn't want to do a raise at 30p plus, that would be silly.
As I have said before watch, learn and play the game. Onwards and upwards...... Now where's warm this time of year.... cue Kenny Rodgers 😉
"The net proceeds of the Fundraising will be used to further strengthen the Company's balance sheet, to fund long lead time critical components and to fund resourcing required to manage the scale-up of the Company."
Looks like one or two of us were correct then. Next one needs to be a large order.