Member Info for Jimzi

Cause they have to deliver the stock they don;t have atm - so they have to ask for the forwards to be issued.

discussion as to whether CPX is over / under or fairly valued atm. Much more impt than falling out.

just withering is not a good sign. This weeks action will be pivotol as to whats happening.

of my SB at 0.788 - a few quid down. Will revisit once more info on bedsits dealings.

The point is we now know 40m of the shares traded were sells and not from the CL holder.

As touted as possible, ETX [Monecor] have sold 30m last week. So we have to add that back to the overhang. Spredex clearly more on the ball than ETX.

need alot more volume to determine if this is the bottom - atm there isn't any.

The CL is secured and hence not as onerous as Bedsits - repayable or converted in July 2020 so not an imminent problem. But yes, the warrants may have been sold before / at the same time as Bedsit. [commented on previously] Plus there may be more TR1s from spreadex and /or ETX [Monocor] So it is imposs to keep a tally of forwarding. Uni is right though, a healthy and informative newsflow will stablise the sp once this episode is over. But any bounce may be tempered by Alts warrants and / or bedsits - so it ain't a slam dunk. On the plus side, the bod would have to be certifiable to issue another CL in 90 days so its extremely unlikely imo.

I have stated that I do not see the business as a crock of crap - its the CL. Its the dire terms, its the fact that it was a dormant company - there are many providers so why choose this one? Its almost as if the BOD haven't read the terms. I am certain this will be the only tranche - another would kill the company. Why do you have a problem with my posts - feel free to pick up anything that's inaccurate. And if you want to invest, why not welcome all views to help you decide.- thats what most peeps do [or should do] Or is it you don't want an annoying voice to spoil your bounce trade? And I repeat things when peeps have a misconception - like they can't convert below 1p. That is factually wrong .

When I see incorrect statements, I correct them. Filter me and concentrate on it’s going to double posts if you like. I have stated I have a 500 k sb at 0.8 for a punt, I may even add to it if it drops but that doesn’t mean I have to talk it up , I will exit after when the book is square

Nothing has been converted. No speculation. Due to the terms, no wonder it’s easily available money. What you don’t factor in is the appalling business acumen this deal shows. At this price and assuming no further drawdowns, there is a medium term investment case to be made. But this deal has tarnished the bod, the nomad, the parent company and of course Bedsit. There’s a wall of less than 1p warrants to absorb at some time which will linger . It’s a 10 pc recovery play with risks until real contract news with margins is revealed. And in the meantime the real financial position of the co and it’s parent are concerns given the avenue taken and apparent holding co being willing to give up 50.2pc control for £1.5m. Gotta ask these questions

Issue below 1p, not convert. I think the surprise is it’s almost impossible to sign a worse deal . It’s Darwin on steroids, why not go for darwin? You just have to pick the phone up for them.

can't blame them - Bedsit gave them an order to flog �1.5m worth of stock, the lower the price the better. And you can only tell the end when the book is square for at least half a day. I do think though that if Beddy takes too much of a liberty, ETX and Spread may get very shirty - so with that and the vol, can't be too far from the end - only had 18m vol today and look at the car crash

thats 230m and 115m warrants now below 1p. Lower it goes, the more bedsit laughs.

on the bid I warned about. Even more dilution. [15m] Now 0.65 - oh dear - thats another 15m to bedsit.

Are you talking the overall agreement or its gets canceled mid forward selling? They can cancel the agreement any time - I'm talking about this first tranche - can't see how that can be canceled

is there that the CL will be canceled? It would make the bod / Nomad look extremely negligent if not reckless [ on top of negotiating the worst CL deal in history] All had ample time to do due diligence

If your going to play find the bottom of forward selling game - check the rules. Issue of note and conversion into shares are chalk and cheese. There's alot who bought at 1.3p who did not read / understand the RNS And when the bounce comes, it won;t be for long [unless news] as peeps will take 10% and there will also be 100m warrants issued to bedsit boy - don't think he's long term. I don't call forward selling and the ask dropping supposition. Defo money to be made. Bedsit has made 250k even before forward selling. Then gets his 1.5m back plus extra shares [diff between his forward selling price between 1.9 to 0.8 - and the conversion price - currently standing at 0.75 plus his free 100 warrants - he's laughing for sure

Thats the next one - first one was 1.9p I have studied them ad nauseum .

TA takes no account of a printing press. When the press stops is what matters. Do a dummy sell for 1m - that will tell you if the printing has stopped