Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
lol. As is clear in my history I was talking about businesses that sell to Whetstone at 50% of its true value (it's never going to happen) as described by ace investor AE on his website. This is just buying a few shares in a company. They could of bought shares in any FTSE company and they would have shares in a profitable company. So I will reiterate. If WHET buy a company using the method described by AE (In exchange for shares in WHET at 50% of it's actual value) and it is profitable I will cancel my account.
told you so posts. Lets get perspective here. They have invested a tiny sum (probably funded by the shares you lot have bought off them) in a company. I could buy shares in dozens of profitable ftse companies does that make me a genius investor? Why exactly did any of you think this would cause any kind of rush for shares? What I said was clear AE business plan is ridiculous (as posted on his site) no decent business will sell in exchange for shares here. So that leaves one route for funding. You!
So they have suspended share trading because good news is about to drop? Why on earth would they do that? Come on be serious. This is not going to be good news.
Wow an American flag on the website. Your so lucky to be loaded up. What next? A german flag? A french flag? The sky's the limit with this lot.
How much in pounds have been bought today? Just to ask a question to giantsquid again (Feel free for anyone to answer) - 1) How will companies be paid for? 2) When WRN said that they were aiming to get to �2b nav how close to that did that get? 3) Which of the people involved have a successful track record of running an investment company? 4) What is the name of the company that AE says is far more profitable than expected? 5) Has it higher - The amount WHET spent contacting people to give them shares in a worthless company or The amount WHET insiders have made from selling their shares in a worthless company before anyone else had the possibility to do so
"All of the key original acquisitions are still there, the largest intended acquisition is performing much better than expected and will be a cornerstone of (Whetstone)" What company is that? "Presumably the "key original acquisitions" will be the same deals that were originally intended for WRN? The same deals that would have made up the original $2 billion nav?" How would WHET pay for these?
"All of the key original acquisitions are still there, the largest intended acquisition is performing much better than expected and will be a cornerstone of (Whetstone)" What company is that? "Presumably the "key original acquisitions" will be the same deals that were originally intended for WRN? The same deals that would have made up the original $2 billion nav?" How would WHET pay for these?
If the losses continue it will not be easier. the only thing holding the sp at the current levels is the fact that the vast majority are sitting on huge losses and to them it would seem pointless to sell. This has had no significant buying for a long time. Its going nowhere fast.
You are always going to have to compete with other things. Does someone spend �15 on a monthly gym membership or on ff plus? Nobody can deny that from a health point of view that going to the gym 5 times a month would be far better for your health. FF will not save millions of lives (and has never claimed it will) and is a choice more than a necessity. The fact is ff showed no income growth in the last set of accounts really is terrible at this stage. And I am not sure why anyone thinks the fact a company from China has done a deal means that suddenly all of china is going to be using ff. DSM are a far bigger company based in Europe and ff clearly has done much in that market. It's just another way of kicking the can further down the road. PXS breaking even is just a distant hope but I doubt it will ever happen. Another fundraising will probably happen around the end of 2018 and its going to be hard to find many takers unless the next set of financial are significantly better.
I wouldn't expect a fundraising for a while yet unless they have been blowing it more quickly than expected. The raised a lot of money last year so the good news is the 2 directors will continue to be paid at the current ludicrous levels for another year or 2. And then the begging bowl will be out again.
I think the biggest issue here is going to be funding. The handouts to fund salaries will only go on for so long. They were down to �482k at end of September and are losing around �35k per month. That means the money will run out around November. (Sound familiar) Be very interesting how they get on with the next set of funding particularly with ff income from DSM showing no increase over the last year leaving break even here as a distant dream. (never mind a profit!)
I didn't realize that Buck or Ford had skills in the field of patents and IP. Here is me thinking such things are handled by lawyers. If admin costs of �466k for last year do not include lawyers fees I wonder what it includes. Any more ideas? lol
On a day to day basis they would have nothing to do. In a whole year i'd be surprised if they had more than a few weeks work to do. Personally I think ff plus was done to justify their existence as without it they literally had nothing to do. DSM look after ff, no day to day costs (of any note) to monitor & no staff to manage. It is not even a part time job. The only fair thing to do for shareholders was to forget ff plus pay themselves �20k a year for a few days work and go and get a proper job. Reality is they will take the �100k a year for as long as possible.
Could it be worse? Yes. For now holders are probably sitting on such large losses it may seem pointless to sell. But this is going nowhere every set of results just confirms that this is a farce. Sales of ff plus are terrible the vast majority buying it will likely be shareholders (who else even knows about it) income from DSM was beyond belief, (especially at this stage) hardly any new products coming to market & continued losses. The only positive is the bod are still getting a decent little earner. To think people used to talk about breaking even.
Does sis have a profitable nature? Does pxs have a pipeline? Have the management been highly focused on growing ff revenue over the last 6 and a half years? If the businesses had strong synergies why were they separated? A �2k increase for the 1st 6 months of this year compared to last is a disaster. If anyone is naive enough to think that doing a deal with a company in China is going to by some miracle turn this round are not in the real world. They did a deal with DSM which is a far larger company and after 7 years they bought in �90k over 6 months. The mind boggles how anyone actually finds a positive in all this. Last year posters were hanging their hopes on ff+ now they can see that is bringing in next to no profit now by health is what they are hoping for. Wonder what it will be next year?
???????? From 2011 "We are delighted to announce that the Company has entered into a conditional agreement to acquire SiS (Science in Sport) Limited which is expected to complete on 24 June 2011. Science in Sport is a highly regarded and growing company in the substantial sector of sports nutrition. I believe there are strong synergies between the two businesses, with the existing scientific, regulatory and product development capability of Provexis available to further enhance the reputation of Science in Sport with elite and professional athletes. The revenue generating, profitable nature of the new business will help us to achieve our strategic goals, by adding a near term revenue stream to our longer-term pipeline development bias. Management of the enlarged business will be highly focused on growing revenues from our Fruitflow� heart-health Alliance with DSM Nutritional Products, the new Science in Sport business and continuing to build longer-term shareholder value from our pipeline."
What is 90-88?
These really were terrible results. An increase of £2k income from ff at this stage is appalling. I predicted a massive slowdown in the percentage increase this but even I didnt expect it to be that bad. How long will the show remain on the road? Im struggling to see how how this company can continue in its current guise for much longer. Perhaps they should do something to make investors think that the bod expect this to turn around. Perhaps they should grant some share options at a price they will never buy at. (A bit like the 20p warrents of yesteryear) O whats that another RNS ........
PXSNext set of results1 Nov '17 will really start to give a true reflection of growth here. Unlike previous years where the profit sharing agreement between DSM & PXS had changed and new products were getting added this year is fairly similar to last year as the number of new products have remained pretty much the same and the deal has not changed between DSM & PXS. So how much higher than £88k will it be? My guess is you will now see a real slowdown in percentages perhaps even doing as badly as £110k income for the 1st half of the year. £22k increase at this point would be pretty depressing for shareholders so lets hope that im wrong.
will really start to give a true reflection of growth here. Unlike previous years where the profit sharing agreement between DSM & PXS had changed and new products were getting added this year is fairly similar to last year as the number of new products have remained pretty much the same and the deal has not changed between DSM & PXS. So how much higher than �88k will it be? My guess is you will now see a real slowdown in percentages perhaps even doing as badly as �110k income for the 1st half of the year. �22k increase at this point would be pretty depressing for shareholders so lets hope that im wrong.