Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Im always Hungry
You to or you two?
A paper loss is just that, if we all panicked everytime a paper loss showed on our investments we would have nothing left to trade with.... My general rule of thumb is that i will sit tight if i think it will come good.... I also like to get a equal profit to match my paper losses.... So if i was to sit on a 50 grand loss then i would like to eventually see a minimum 50 grand profit at the end of it.... Its worked for me very well in the past... My paper loss here is a lot more than 50 grand currently though!
Most importantly, forget about all the lying idiots that frequent these chats saying they dont make losses...
I have a few other odds and sods in my trading account also..... I do invest in other area's as well as stock market as well...
Alternatively do what greybird did and write on the classroom wall lol
Contact your platform provider chef....
Oh no greybird has voted with his one share..... Dont panic i voted in favour with 4,030,000 shares.... Thats 4 million shares if you cant read the numbers greybird.
Warik/pascha/greybird
It requires 75 percent of total votes cast to be in favour, its a vote per share and not vote per person if anyone isn't sure
If a 100 shares voted then 75 shares need to be in favour,
FLFL WILL BE VOTING ALSO
This will be a whitewash anyway ( in favour)
Pbt down 97 percent from over 9 million to 200k....can't spin that as a positive!!
Probably best you keep your eye on your own losses in ukog warik.... I bet you bought when it spiked to 10p lol!!!
The clue with ukog was when SS didnt take his options at .03p when the share price was 10 times that at 3p.....
Graybird and pascha every night
https://youtu.be/LS61wYjFCws
Greybird you poat like pascha, a broken bloody record!!
Koovs need to show their path to profitable is real and this will rocket....
It will also rise heavily on the placing at 28p completing.
Koovs plc
("Koovs" or the "Company")
Posting of Circular and Notice of General Meeting
Further to the Company’s announcement on 29 May 2019, the Company announces it is today posting a circular (the “Circular”) to shareholders to convene the necessary general meeting (the “General Meeting”) to approve the issue of the Compulsorily Convertible Preference Shares, to Future Lifestyle Fashions Limited, further details on which are disclosed in the Company’s 7 May and 24 May announcements. The General Meeting will be held at 9.00 a.m. on 25 June 2019 at the offices of Strand Hanson Limited, 26 Mount Row, London W1K 3SQ.
An extract from the Circular is set out below. Shareholders are encouraged to read the Circular, which will also be made available shortly on the Company’s website, in full, and to return the form of proxy enclosed with the Circular as soon as possible and in any event by 9.00 a.m. on 21 June 2019 as per the instructions in the Circular.
Introduction
As announced on 7 May 2019, Future Lifestyle Fashions Limited ("FLFL") has agreed to invest approximately a further £10.5 million into Koovs plc in two tranches. This new agreement with FLFL replaces the previous agreement with FLFL announced on 27 September 2018, the obligations under which have now fallen away.
The first tranche completed on 30 May 2019, pursuant to which FLFL subscribed for an amount of £3,667,125.04 at 8 pence per new ordinary share of £0.01 each in the Company ("Ordinary Share") (the "First Tranche"). As such, 45,839,063 new Ordinary Shares were issued to FLFL (the "First Tranche Shares") and admitted to trading on AIM on 30 May 2019.
The second tranche is conditional upon shareholder approval and, subject to such approval being forthcoming, will be invested in the form of compulsorily convertible preference shares ("CCPS") (the "Second Tranche"). The CCPS requires certain changes to be made to the Company's articles, which are the subject of the resolutions which are being proposed at the EGM.
If the resolutions are passed, FLFL will subscribe a further £6,810,374.96 for 24,010,937 CCPSs which are compulsorily convertible on the first anniversary of issue (or, at the option of FLFL, at an earlier date prior to the first anniversary, or in certain other circumstances by the Company) into 24,010,937 new Ordinary Shares. The implied investment price is approximately 28.36 pence per new Ordinary Share, which when combined with the investment into the First Tranche Shares equates to a blended investment price by FLFL for the full investment of approximately £10.5 million of 15 pence per new Ordinary Share – the same as that announced by the Company in 27 September 2018. The CCPSs have no voting rights and rank behind, in terms of seniority, the existing convertible loan notes of the Company. The CCPSs are non-participating and non-cumulative with a pre-determined dividend rate of 0.01% per annum, amounting to a maxim
The deal now looks real!! At furkin last!!!
Where will this go on news of 28p funding???
That simply will not happen here graybird.
Yeh i will be attending the egm/general meeting as long as I'm not away at the time...
I see someone posting twitter stating that it was to be in June, i contacted the cfo to ask and he refused to comment on a twitter post, the guy that said it is invested in koovs and has also attended meetings with the bod of koovs and is also in telephone contact with the cfo... The management seem to have one rule for one invester and a different rule for others, the cfo point blank refuses to speak to me on the phone, barely reponds to any emails anymore, they do not give a hoot about us private investors!! They have no shame!
I had to ring the phone number for koovs for 4 consecutive days just to get an email response from them!
Everything they do makes the market distrust them more imo, how do you think the 15p investors feel?
It would be good to see everyone at the egm
Its simple bentley...
The management inc Waheed now have zero credibility...
They have absolutely crippled this share price by changing the deal...
I thought last year they would make changes to their way of doing things but nope!!
Every rns they say about their skills and determination and its just taking the plss out of all of us share holders...
When they announced the change in deal structure via rns they should have also included an immediate date for the general meeting, but no they know best as always and look where we are now! Clowns!
Imagine how the 15p placing guys must feel now?! 57 percent down on their investment so far
The saving grace here is flfl being involved so heavily, if it wasn't for that i would be out, roll on the 28p CCPS's and we will get a betted share price, the question is when will that be??
The cfo also refuses to comment on the share price which is pathetic also
All future rns's for koovs will be at 7am,there will be no rns's during trading hours, anyone short might make a little bit from here, alternatively there could be a 7am rns and you could be over 100 percent in the red on open
I would urge anyone thinking of going short to have a look at what id going on with the company, do not rely on technicals.....
Horseshlt from charlatonqueen
Maybe they will get changed for a higher price?!