Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Can you imagine these clowns on dragons den
Evening chinner!! With the current funding deal as it stands, if flf didnt go through with the 28p funding they could potentially buy us out at 15p per share, if they go through with the 28p funding then the 28p sets the benchmark for the next 12 months if they buy us out.....
Think of it this way though, would the investors that put 10 million in last year be happy to take 15p per share after all the stress koovs has caused?! I don't think the would go for it!!
Id happily take 20p but i know that leaves fellow investors under water so i would take it but also fell for others losses so itd be a double edge sword!
Chef check what i post i answer all questions honestly, i was asked if i thought koovs would fold, my answer was there is zero chance as flfl would buy it out rather than letting it fold...
When this does rise i just sit back and watch the rampathon posters posting rubbish!
I think most holders sit back in disbelief on any rise lol
Afternoon guy's!!
Just got back from holiday and jet lagged to fook lol!!
Chinner, talking of high averages etc, the management here have done us all without using any lube!! Even people with what i class as a good average of 10p like myself are sitting on big percentage paper losses now, these cretins came to the market begging investors to buy shares at 15p and have treated those investors disgracefully, if Waheed had one shred of integrity he would have been buying heavily on the open market at 8 to 10p, to offer some support to the share price, everything that has gone wrong here from day one falls into Waheeds lap, what kind of person does a placing and then sits and watches a 70 percent drop from the recent 15p placing price?!
Every single investor in every single placing since ipo has been battered!
Waheed floated this stock at 150p and it rose to over 200p,he then sat and watched it fall all the way down to 50p before buying anymore shares!!
Had he believed that this would be an overnight success he wouldn't of ipo'd it so early, he only ipo'd it so he could risk the markets money instead of his own money!!
At ipo this had an mcap of 36 million with under a million in revenue ffs!!
He fooled the market by constantly mentioning asos and even going as far as saying that koovs was experiencing "asos like growth patterns"
Wahed has seen over a 98 percent drop from top to bottom...
Chinner, the cfo is an absolute clown, he knows nothing about how listed companies work, its his first role in a listed company and he is out of his depth.... What he lacks in knowledge he makes up for with arrogance!!
These scum bags have cost us all money
Ultimately the blame lies with the chairman Waheed Alli, he should have stepped down years ago.... After the ipo failed spectacularly he should have gone, Waheed told the market that the 16.5 million from ipo was enough to get to profit yet here we are with total losses of 100 million quid 4/5 years later!!
All i can surmise is Waheed/Biyani need the share price low for some reason?!
To be honest Koovs need to release an uodated funding rns as the ht media deal is now clearly dead and buried after one tranche (there should have been 4)as the shareprice is so low its impossible for them to have more shares, Biyani won't allow the dilution!!
Koovs has a new name..... TITANIC!!
Clown we go!!
Whoops i mean down!!
Kong, imo the chance of koovs folding is zero!
If it was going to fold it would have been last year when they had no funding and the price was 5p...
The real question is what price will biyani buy us out at (or biyani and waheed together)
Currently if they didnt complete the 28p funding then they could technically offer us 15p per share
Waheed has an average share price of 24p on his 10 million invested plus he has a load note of around 8 million which he can convert at 40p per share so its a tricky one to work it all out tbh
The chances are there is a big bounce coming if there is positive trading momentum and 28p funding completion....
All that said the bod are still clowns
Pthc.... Pascha was a lying share basher who held no shares...
Both me and putney are significant share holders and post the truth
How do management not see the failures?! They should have stood down years ago!!
Have a look at the management of gms, they recently stood down and they hadn't failed anything like the management of koovs!
A good management team knows when to stamd down, a bad one keeps going and blaming outside influences like Turner and pursell
In one rns they stated they were outperforming the market during demonetisation and then when they messed up they blamed demonetisation lol
I agree diamond..... How corrupt is that after selling a placing at 15p?!
And putneylad you are on the money!!
Also newgate told me they were organising an investor event for oct time but the cfo and ceo said that is not happening
Newgate also told me they expected the 28p funding from flf to land within a month of the egm.... That was 3 months ago...
The amount of misinformation from this company and it's advisors is comical
Dont forget these clowns also talked whitman howard into selling their clients shares at 15p!!
My 10p seems a blessing compared to that!!
Investing early is a gamble no matter what... There is never a clear road to profit....
I must confess they fooled me at the egm with lies though!!
They told me to my face the 28p funding would come in the summer but now they are saying by xmas.... We run out of money in December without the 28p funding anyway.
Diamond i think your opinion is on the money about kishore
Me and putney and a few others here have actually met face to face at the egm and then the agm.... Putney has actually attended both the egm and agm.... I could only make the egm and not the agm sadly.
At the AGM it was also stated that if shareholders continue to post on social media then the company would ignore all our emails, they said if we no longer post on social media they will answer one email on rns days only
Is this blackmail?
I heard he compared koovs to boohoo at the agm!! What kind of fool compares a 13 million revenue (15 million loss making) business to a 1.15 billion revenue business making 90 million profit?
The cfo at boohoo would laugh for a year if he heard it!!
The arrogant cfo takes 175k salary plus extras and share options....
Thats just below the salary of the boohoo cfo, boohoo that will do about 1.15 billion in revenue this current year....
How are those two jobs on a comparable salary??
Pursell should be on 80k with performance incentive to achieve about 120k total package.... He is worth no more than that.