Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
https://twitter.com/jrowland58/status/1483788392278208513?s=20
I have taken over the day to day operations of the Company and will become Executive Chairman. We are dedicated to disrupting modern financial services through our groundbreaking offering and products. We represent a growing area of the new age and we do so with pride.
@modeplc came to the market during the pandemic and has built and innovated products in the Crypto, Payments and Regulatory environment with diligence and determination. We are building an ecosystem to connect the consumer seamlessly to merchants and service providers.
This is not done overnight. We are at the forefront of the regulatory environment thru our 5AMLD certification and our EMI License. It was always my goal to do things properly and within a blue chip jurisdiction such as
@TheFCA . It took longer and was more costly but it is working.
I am fully committed to the future and have cleared the decks to take control of the business. I am the largest shareholder/ founder and the future looks very bright for @modeapp_ thanks for your support and in my opinion there is no better value today than @modeplc.
Good to see RJ is still buying…
https://twitter.com/evertonrob1/status/1481652278062817292?s=21
About IGS www.internationalgamingsystems.com
With origins in lottery games and services, IGS is an established, revenue generating business evolving into a transformative esports and gaming services provider that focuses on an esports experience beyond the core traditional professional esports, amateur esports competitions and content streaming.
Anders Holmstedt, IGS CEO said:
"I am delighted to announce this major strategic partnership with Mobile Streams. With our gaming and entertainment content and their delivery platform we have enormous scope to grow services and revenue. We can't wait to get going with the partnership, first with our Esports competition and Skins trading but then with much more to come."
Love the closing statement - "We can't wait to get going with the partnership, first with our Esports competition and Skins trading but then with much more to come"
Have listened to all of Mark Epstein's podcasts and he is really driven and honest. His ultimate goal is to turn MOS into a £100 million market cap company.
The current market cap is at £14 million. If the team continues to deliver growing revenues in such a short amount of time together with new partnerships and launching into new territories - we could see his ambition realised in not such a long time considering the scalability of the business model.
This feels like just the start for me and definitely worth holding for the long term. Also looking like the remaining warrants will get exercised which will bring in another £4 million of funds which the company can use for acquisitions to further generate shareholder value.
Good luck all!
Based on the current SP of listed investments - the below is the current NAV...
Investments NAV (Exc SGS) > £2,361,746
SGS Investment > £2,350,000
Cash > £2,702,500
Investments (exc. SGS) + Cash > £5,064,246 > 0.0361p (assume SGS is a write-off)
Total Investments (inc. SGS) + Cash > £7,414,246 > 0.0528p
Current Mode...
- PLC and listed on LSE Main Market.
- FCA EMI licensed business and 5AMLD certification.
- Digital Wallet and Exchange, Fully integrated and built payment rails.
- BTC trading part of app already making revenue for the company - BTC volatility is great for Mode.
- Partnership with THG and Mode Payment with BTC Rewards is now live on all THG ecommerce sites.
- Bitcoin Payroll product currently in pilot. CEO had disclosed that another company is also recently trialling.
- Affiliate BTC cashback product launching in Q2 2022 with over 100 retailers.
- IPO at 50p and subsequent fundraise at 55p.
- Director buys around 38p.
Future Mode...
- Continuing to roll out new products (e.g. BNPL) and services which will add further revenue streams
- More partnerships to be announced with major retailers
- ETH could be added as an additional crytocurrency
- QR payments in-store with retailers such as supermarkets through the Mode App
- Disrupting the UK payments market over time and becoming a well known brand
- Rollout to other European countries
RNS Number : 8299X
Love Hemp Group PLC
07 January 2022
7 January 2022
Love Hemp Group PLC
("Love Hemp" or the "Company")
Notice of General Meeting
Love Hemp Group PLC (AQSE: LIFE) (OTCQB: WRHLF), the brand-led consumer goods company focussed on CBD health and wellness solutions, gives notice that a General Meeting ("GM") will be held on 4 February 2022 at 10 am at 48 Warwick Street, London, W1B 5AW. At the meeting, resolutions will be proposed to receive and adopt the 30 June 2021 annual accounts and to approve the reduction of the share premium account of the Company as part of the implementation of a Share Incentive Plan.
In addition, during the course of the preparation of the Company's financial results, the Board became aware that the value of the Company's net assets is now less than half of its called-up share capital. In accounting terms, this is described as a "serious loss of capital", as a result of which the Directors are required, pursuant to section 656(1) of the Companies Act 2006, to call a General Meeting to consider whether any, and if so, what, steps should be taken to address it. Accordingly, this matter will be addressed with Shareholders at the GM. Shareholders should note that they are not eligible to vote on this agenda item and will not be invited to do so at the GM. It Is for discussion only and relates to a technical accounting outcome.
Copies of the Notice of GM, together with the Form of Proxy and the Annual Report will be posted to shareholders and will be available to view on the Company's website shortly at www.lovehempgroup.com.
The Directors of the Company accept responsibility for the contents of this announcement.
Does anyone know the latest situation on the CLN facility? I understand there was a Q&A with shareholders recently. Was there any discussion on any further dilution to shareholders relating to the CLN? There has been new shares issued at a discounted price in the past 2 months. Will this continue until the company is making enough money to be self sufficient?
Share price seems to be at a decent entry point considering the potential and current market cap but wary of the CLN agreement in place which typically will further erode the SP whilst it is in place. Are we expecting another RNS next week for further conversion of CLN shares?
20th Dec 2021 7:00 am RNS Conversion of Convertible Loan Notes
17th Nov 2021 7:00 am RNS Partial Conversion of Convertible Loan Notes
https://www.lse.co.uk/rns/SYME/new-1637million-loan-note-facility-completed-wjdokkinytjnc64.html
The short-term loan note facility will be linked to a Convertible Loan Note facility (CLN), which can be used should SYME elect not to repay any of the interest or principal relating to the short-term loan notes in cash (for example, if the Company decides to preserve cash for working capital requirements or to facilitate further new strategic initiatives). The CLN facility is for the same aggregate value as the short-term loan facility including interest (£7.7 million) and can be drawn in tranches equal to the monthly loan repayments. The CLN contains the following key terms:
12 month term with a conversion price of 85% of the lowest 10 day closing VWAP prior to the issue of the conversion notice. Mercator can convert CLNs on request once issued. The Company can elect to repay in cash any CLNs which are not subject to any conversion requests at 105% of the outstanding nominal value;
Warrants will be issued for 20% of each tranche. The warrants will have a term of 3 years from issue and an exercise price of 130% of the lowest closing VWAP over the ten trading days immediately preceding the request to issue a new tranche.
Been following the company for a while and have bought my first tranche today as the fundamentals of the company hasn't changed with the recent political unrest and the RNS from yesterday has confirmed that operations are running as normal. Will look to accumulate more if there is any more weakness.
Good luck all.
Chill is my next multi-bagger and I intend to accumulate more on weakness. This is a significant opportunity for those who have done their research to increase their portfolio wealth if holding over the next couple of years.
- great products in a growing sector
- building up a very capable team to execute
- distribution deals already in place that can mean significant sales over time
- great brand name and chill.com domain
A piece of advice for those who have difficulty in holding good companies over a longer term period…
“Don’t bother finding the next multi-bagger if you aren’t going to develop the conviction to hold it”
Great thing with the change to "fluid" newsflow means that an RNS can land at any time which means that one selling for their 10-30% profit can miss out on the massive life changing gains if the news is good.
Look at Argo Blockchain who went from 10p to 300p in a period of a couple of months just last year.
- buying at 10p and selling at 13p -> 30%
- buying at 10p and selling at 250p -> 2500%
Just an example with Argo - but we've seen this happen with CHLL already when it went from 5p to 98p. Truly life changing for those who have the discipline to to hold and also de-risk at the right time.
Good luck all.
Key Highlights:
· Indian Regulators approve ArtemiC™ Rescue for import, distribution, marketing, and sales, and is now fully authorised and available for sale across India.
· MGC Pharma has completed a small batch import of ArtemiC™ Rescue into India as proof of concept with its local partner.
· ArtemiCTM Rescue is a nutraceutical which, in a Phase II Clinical Trial undertaken in 2020, demonstrated a range of benefits for patients suffering from moderate COVID-19.
Looks like the board conflict is now settled.
https://www.lse.co.uk/rns/EISB/directorate-changes-and-withdrawal-of-requisition-2516tgyfwvieogg.html
Interesting RNS from QTZ where they have invested into a crypto related company based in Gibraltar.
https://polaris.brighterir.com/public/quetzal_capital/news/rns/story/xo769mr
AP Global is a leading regulated fully integrated Crypto-Fiat exchange service provider with and associated neo banking platform. TAP Global’s mission is to create a seamless and fully regulated bridge that links fiat banking, traditional assets and crypto markets (including mainstream crypto currencies such as Bitcoin, ETH, NFTs and other upcoming Defi protocols). Built on its exchange foundation, TAP Global also offers consumer and corporate crypto-fiat banking services and Defi Yield products. Tap Global is one of only a handful of operators which are fully regulated.
Is spread betting taxable?
No, spread betting is not taxable in the UK. Spread bets are free from both Stamp Duty and Capital Gains Tax (CGT), which means you don’t have to report any profits or losses to HMRC. Tax laws will vary in other jurisdictions outside of the UK and are subject to change.
Lots of negative posters of late who criticise and make silly comments in an attempt to scare PIs into giving their shares away at the bottom hence losing money. Shame on you.
Take for example the recent comment about Rita - "She is also replaceable. At the moment she just does a sales job trying to mimic a chinese business model/offering for the european market"
Experience matters in this world and Rita was previously Head of EMEA for AliPay who are not a small-fry company but a well established and multi-billion dollar company. As a LTH, I appreciate having her as part of the Mode team and have no doubt she will bring her experience and also fresh ideas on how Mode will be able to disrupt and improve the UK financial services market both for retailers and customers.
If Rita is just doing a "sales job" then she's doing very well to be featured in many articles in the fintech world and also invited on panels to talk about fintech...
https://www.payexpo.com/speaker-library/rita-liu
https://bankingrevolution.live.ft.com/agenda/speakers/1311936
Rita joined Alipay in 2010 and was initially responsible for driving partnerships with major Chinese banks. In 2011, she became one of the founding members of the Alipay International Business department and has since held senior roles in business development and partnerships in Asia, the U.S and Europe. From 2015 to 2017, Rita was based in London while serving as Head of EMEA for Alipay, overseeing the company’s overall business in the region, including business development, operations and marketing activities. She was a leading member in the Alipay – UEFA global partnership, driving the firm’s new venture into sports as a platform for globalisation. She was also appointed as CEO of Alipay (UK), serving on the board of the company. Before joining Alipay, Rita was business development manager at American Express. Rita joined UK fintech Mode as Chief Commercial Officer and Board Director in March 2020. She was named one of the Top 10 Women in Fintech in 2020 by Fintech Futures.
Mode are building an exciting, disruptive and sustainable business who have a smart and capable team who will keep delivering. For sure there will be some issues that crop up from time to time with them being a startup company who are forging out a path to disrupt the well established companies. However, I'm confident LTHs who keep their conviction will be massively rewarded in time especially at this SP.
Good luck to those invested.
Chill Brands, the international consumer packaged goods company, is pleased to announce the launch of its CBD gummies and flavoured tinctures in the U.S.
The launch builds on the existing popularity of the Company's gummies and tinctures in the UK. Chill CBD gummies are now online at Chill.com as the Company works to build its growing e-commerce presence. The Company's CBD tinctures will launch in the U.S. on Chill.com during December 2021 and will be available in blueberry, peppermint, orange and natural flavours.
Chill gummies are manufactured by one of the most reputable artisan confectionery companies in the U.S. Their fifth-generation process aligns with Chill Brands' focus on quality control and facilitates the creation of highly attractive consumer products.
"In a marketplace full of 'me too' gummies, we went a different way," said Chill Brands Co-CEO and founder, Antonio Russo. "Our products needed to be better than the rest to make an impact in the CBD gummies space. We believe that we are offering some of the best gummies and tinctures on the market thanks to our manufacturing partnerships and developing lifestyle brand."
The below is from the Vela Telegram Group...
Total investments NAV = £2.5m excluding the SGS investment
Cash held should be around £2.4m
Based on the above this equates to 0.035p in NAV
Vela is trading around 0.05p so the market’s valuation for the SGS investment is around 0.015p
Traders who bought in this morning have done great!