Member Info for juyamah

I hope not, she is probably the only one who has a clue...

and Yes, I am still a shareholder here.

The founders of the company got the equivalent of £30 million in shares which are now worth most of the current Market cap of £1.5 million except for t he shares transferred ( to settle a debt?) and subsequently sold into the market..

Apologies for the spelling errors...

' Oh and what happened to all the £millions of SHAREHOLDER'S money from the IPO, suddenly all those alleged infrastructure assets appear to be worthless if you look at the current valuation of circa £1.5 million'.

The only money raised at the IPO was the £1,125 million and 350k of that was returned to the investor, The directors received the rest of the £30 million in shares for nothing more than a rented field and the promise of riches look at the first day trading RNS. Their never was more assets than the current share price..

At Admission, the Company will acquire Hellenic Dynamics S.A. for consideration of £31,243,342.59. The consideration is being satisfied by the issue of 10,414,447,530 new ordinary shares in the Company at the price of 0.3 pence per share. In conjunction with Admission, the Company has raised gross proceeds of £1.125 million through a fundraising that is comprised of a £750,000 subscription and a £375,000 convertible loan note, both at an issue price of 0.3 pence per share. Peterhouse Capital Limited acted as Financial Advisers to the transaction.

Lol

Somewhat uniquely relative to our competitors, and in line with our philosophy, ALIGN Research only accepts clients onto its books that we actually believe in. To demonstrate this, we actively look to take payment almost exclusively in equity (or apply payment to the purchase of equity) and which therefore ALIGNS (hence the company name) our interests with you and your shareholders.

Looks like it wasn't a share purchase but a payment for future services to be provided by Align Research...

https://www.alignresearch.co.uk/our-services/

Moniman..

'The person who asked for their money back instead of taking shares may have been privileged to information not in the public domain do you think is a possibility? It definitely makes you wonder who knew what and when?'

You are correct being an insider he must certainly have known that when you visit the company website and click on the link called Our Facility or our Laboratory and read all about the testing that was BEING DONE on Hellenics products both in Greece and in Germany that it was a load of BS as none of the photos were of the Hellenic Facility at all, and no testing of product was going on, as there was and still is no product being produced ...When that was pointed out more than a year ago someone took me to task and said it was all just representative...show me any other company that has also fakes photos and events on their website ....you are correct in saying everyone needs to do their own research, another poster on here was advising Newby's to start their research by listening to the CEO web chats...ffs, we know how that has worked out.

'At Admission, the Company will acquire Hellenic Dynamics S.A. for consideration of £31,243,342.59. The consideration is being satisfied by the issue of 10,414,447,530 new ordinary shares in the Company at the price of 0.3 pence per share. In conjunction with Admission, the Company has raised gross proceeds of £1.125 million through a fundraising that is comprised of a £750,000 subscription and a £375,000 convertible loan note, both at an issue price of 0.3 pence per share. Peterhouse Capital Limited acted as Financial Advisers to the transaction.'

You have to hand it to the directors for paying themselves £31 million in shares for a rented field and a slice of pie in the sky, It should have been a major red flag when the convertible loan note investor asked for his money back rather than take the shares....but Someone on the Chat board called it 'Great News' and received a few tick ups...

There was NO initial assets other than the £1.15 million in cash, yet Investors were happy to value the idea at £30 million.

Anyone who invests now will be taking the same chance but at least the companies valuation is somewhat realistic...

Too many sufferers of 'Confirmation Bias' on these boards..

I'm a share holder, still, but have to admit that Consuela has pretty much hit the nail squarely on the head over and over again, its not being a hater just by being right...

Toriesruineduk

'Red Rock Resources have a larger market cap than this now ffs'

That's because they have far more assets than HELD have, who basically rent a field and have a big slice of pie in the sky and not much more...but as always DYOR

Toriesruineduk

yes, at 1.5p its a sit on the fence... I accept there may be some magic getting performed in the back ground to prove this is a real business, but without that this is a busted flush, I'm pleased that I read several posts by Johnny Lawrence as part of my look into the company a year ago...I have now reposted it so that anyone new coming to look at this company with have a recent detailed post to read...but if they do produce a crop and make a profitable future out of it I'll be happy to accept I'm wrong, but I doubt that's likely, until then there are plenty of other posts needing revisited...

Another post from the past, share price was 18p then, reading it again isn't all he said so obvious now...Oh yes.. he was also a Muppet..

Handygandhi

With the current share price and the current stated assets you are probably correct to have some hope, they have increased there employee numbers from 10 to 25 in the last year, which suggests something is happening and getting Katherine Fleming involved does suggest there is something to the company.

my issue has always been the ridiculous valuation of £34 million and the poor quality of their website (though their disclaimer that you have to accept for access does pretty much say its a lot of BS) , that along poor guidance and communication from the CEO lots of hot air and little substance.

a 10 bagger is needed to get the shares back to last years level but short term anything that suggest that they are close to producing product with send the price flying.

Its still not a share for me but I do think at these prices it to be worth a punt for the brave....call it sitting on the fence if you like.

MONIMAN

email me at

throwaway5201yahoocom

moniman

email me at

throwaway5201

**********

Repeating what the CEO tells you is hardly doing your own research. and repeating the BS isn't an excuse.

At the time I looked at this and read the details of the placing for a company valued at £32 million after my son in law tried to persuade me to invest part of my pension pot into, I found a company with no history of producing or selling any form of medical Marijuana with their only assets being a rented field in Rural Greece and about £300k in funds raised through a finance deal.

The vast majority of shares are held by several shareholders who do not seem to have invested any cash at all in the company, and looking closer at these 'investors' none seem to have any business experience of note.

I told my step son to sell his holding which he had invested £1000 in for £740 which if he had held would be worth about

£75.

it took me about 20 minutes to discover that all the photos on the Hellenic webpage were downloaded from the internet and when I posted this information I got dogs abuse...and called an Idiot.

I've waited a year to see how its panned out, and its just as I expected but if you say you were taken in by the CEO statements that's no defence, a mere 20 minutes of looking you would have found what I found..

Handyghandhi......'The only ramper has been the CEO himself'.????

Have you forgotten your own posts of December?

and all the drivel spouted by the likes of Ria20, ILOVEMYCOMBOVER, Havagun and Magoo247 this time last year.

if you don't believe me go and read them...

Go back and read the posts from May and June of last year , most noticeable is how so many of the rampers have now vanished.

Funny thing is that at todays price it almost looks fair value for its assets, I wouldn't be surprised to see it ramped back up to maybe 4p, a final chance for some to get out.

I'll continue to give it a miss though, but I do enjoy re-reading last years posts.

Market seems not to be bothered...