Member Info for Kashdog

Alwaysup, I have to assume you did not dial in to the conf call!...if you did you would have heard AD's sales pitch which was almost entirely focussed on Cuba!... Slovenia is currently subject to yet another strategic review, the outcome as yet not known... My personal disappointment with the call was that 98% was AD's sales pitch, which was very good.. (if you believed any share can get from 3p to £2).. I had understood that if you wanted to ask a question, you had to submit it to Stephanie at Cassiopeia, which I did but contrary to that only "live" questions were asked and only 4 of them!.. which meant shareholders did not have a good interrogation of the boards intent. I honestly believed my emailed questions could have been addressed but they were just ignored... For interest, one of the four questions asked "live" was in ref to J. Buggenhagen (self promoted saviour of AST?) being retained as a consultant.. AD confirmed it was a consultancy to inherit legacy knowledge that was for a couple of hours per week for 3 months so a total of 2 weeks of consultancy over 3 months before being terminated.
A good question posed ref what happened to the last two cash raises prior to the new boards recents...........the answer which had an element of integrity was that although the money was raised with good intent, it was instead used (absorbed) to keep the company running, which I interpreted as running costs and salaries.
My heart wants to believe but my head says no more!!!.... my gut feeling as an LTH in at £1.20 post consolidations is to trade the chit out of this share where the opportunity arises!

Botski.....do you seriously think that your circa £4K trade for 60k shares influences anything. It's a nothing amount and would not affect the SP...so it makes me think you are a novice investor trying a really amateur ramp of this stock. By all means have an opinion but sharing details of your share dealings believing that you have made a significant investment makes you look like a fool and you do know that a fool and his money are soon parted... don't you?... further evidence of your amateur approach is your post at the end of April indicating that you contacted the BBC to ask them to do a piece on this stock..AIM thrives on amateur investors who live in hope and are prepared to die in despair...I would suggest that you give up on wild gambling and invest your 4K in an ETF that is managed by professionals....you won't lose so much!...I am not saying Scancell is a poor stock it just needs to be traded with a more rational approach not on hope for good news!

The link I posted previously is to a recent filing (yesterday) with Companies House by Energetical. It does not indicate any Cuban assets but the Ascent RNS seems to indicate that the PSC in Cuba has value...but does it really?
My second point in the quote by JP below is that they intend to fund the new venture from our Slovenian operation....which we all know is a cash drain!!!
"We are therefore positioning Ascent as an advantaged platform for counter cyclical acquisitive growth with a focus on low cost production, manageable initial capital commitments and near term re-rate potential. We intend to leverage off our operated position in Slovenia."
My last point is on John Buggenhagen... his nationality has no bearing on AST supposedly investing in Cuba...there are plenty of American backers of organisations in Cuba i.e. GITMO.
To me something is not quite right about Ascent... not that I should worry, coz as a LTH I have lost my investment here.
.....is Newboy123 a wind up merchant?....or is he really a completely stupid uninformed investor?

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All of you on this BB baying for litigation were not at the GM. If you were then you were not listening!...it was made clear during the meeting that it is no longer an objective to pursue legal action! Reason given was that even if there was a finding for AST, it is unlikely that any compensation would be paid. It was stated that the preferred option is to build better relationships with the “new” government and officials to try and achieve permit approval. Some of you will scoff I am sure but all I am stating is what was said at the meeting as the facts in the hope that those bleating about court action will get over it and stop boring the rest of us!

Paddy, he was pretty vague but indicated that they were looking at opportunities and believed he had potential funding from investment companies that he is involved with. He stated that it was difficult to be specific as the "rules" mean that this kind of information would have to come through the RNS route.

The BoD were not in any way meaningfully challenged by anyone attending the meeting. An older guy in a “hoodie” intervened on Castro as he was trying to accelerate the resolutions and asked for an explanation on progress before the votes on resolutions. JB gave an update - seismic data will not be released but no value in the asset except for the “deep” reservoir - permits not being granted but a possibility under new government - new management team is “balanced” and will look for value in the region. Communication historically, has been reliant on permit news to this date. Other comms with email and phone calls and txts that are derogatory are deleted ( I agree with that) the new Exec JP, gave himself a good intro... making me want to believe he has a plan... my take is that all you worthless, loudmouth agitators are not worth @hit!...turn up or shut up !!!

Bradis, you have been a member since 2005, you have posted 8,225 times on this Ascent BB but you cannot be arsed to attend a meeting. If you are invested then make an effort to attend and look the management in the eye and have some courage to ask them questions that you want answered.. maybe you will tell us you live in Vietnam or Hawaii and cannot make time to travel....who cares?

Give it up Brockster!... a lot of us have lost a lot here but your bitterness is affecting your judgement!...A "No" vote folds the company....I won't be investing anymore but I will hold as the asset value remains so why give it up, you may still get something back without any additional cost! Just tuck them away and forget them...we have nothing left to lose so chill dude...if it's gone it's gone...move on, don't waste anymore of your emotional energy here!!!!

BTW Rocket, Genuine shareholders were written to on the 18th February!!...I think you are outed as a non investor !!

Rocket, you have no real interest in AST or you are a seriously lazy b*****d!!..the date is there to see for anyone who is interested enough to look....so go look!!!

Brockster, you are emotionally invested here ....not a good investment strategy...equally though, my investment strategy specific to AST has been poor so ignore anything I say that sounds like advice!...let's just agree to differ and move on.

Brockster, if you are voting "No" I would suggest you sell up now (if you haven't already??) because a "No" vote delists and folds this company.
If you are still holding, take the emotion out of your thinking and take a more mercenary approach....something is better than nothing!!

A "No" vote will undoubtedly mean AST will fold and delist...It is **** or bust now! Shares diluted by 35% immediately after consolidation... all bad news but as I have stated before nobody is being forced to buy shares!!...just hold and hope. LTH's have lost a lot but why throw away the slim chance that JB has identified an opportunity outside of Slovenia see extract from AST below.Remember that the resolutions at the GM are about share placing sand general authority not about electing new BoD members...they are already in position." The Directors are seeking a general authority, in addition to the authority in relation to the Placing, to allot new shares, free of pre-emption rights and without further recourse to shareholders, which is above the level recommended by the relevant corporate guidelines. The significantly higher level being sought is due to (i) the relatively low market capitalisation of the Company at the current time and (ii) the level of funding required by the Company in the medium term in order to execute on the stated strategy of securing additional assets outside of Slovenia."

Voting "No" to the resolutions will probably see Ascent fold. Voting "Yes" does not mean that you, as an individual, will have to invest anymore. Nobody can force you to buy shares. "Yes" will mean the company will stay afloat...albeit with further dilution. However, keeping the company afloat gives all shareholders a chance of some sort of return at some point in the future...I know that's a big maybe given the current health of AST.... but it is still a chance. Take the emotion out of any decision you make on AST...stick them in the bottom draw and forget about them. You never know what might happen with permits, litigation etc, where you may get some return at some point. There's nothing to lose now but if you let your emotions (or hatred of the BoD) rule your decision you should really stay out of the game...Don't get me wrong, I am not happy with the performance, AST has been one of the few bad investment decisions I have made but I am not an emotional investor just a reasonably successful gambler!!

Pinguser5, you rest your case on what?... I have asked you a simple question... why can't you give a simple answer?.. what is the "conflict of interest" you are referring to?

That’s her job... isn’t it?...where’s the conflict of interest?

Pinguser5, held to account for what?..No laws have been broken that I am aware of!!!. I believe you are experiencing AIM frustration.. LC81 has the same condition, he posted that he had communications with the FCA and other authorities around his belief that some laws or rules had been broken but he was unable to provide any evidence and has since gone to ground!!.. What evidence do you have that there is a "conflict of Interest" around anything that Sophie Honey has done?

Shina, dnd... with you there but the usual suspects are being their usual spiteful selves and will cut off their noses to spite their faces!
They should sell and get back what they can rather than write everything off. This is a bad stock to be holding at the moment and maybe all will eventually be lost... but if you ain’t holding any cards at the table, you ain’t going to win anything!.. I won’t be adding to dilute but I will hold on a remote hope of permits being eventually released. If it don’t happen then I will not have lost anymore than I already have! .. I have accepted that I gambled and lost and will go down without crying but I will not vote to fold the company.... you never know what can happen despite the doomsayers on here!

Hawaii, you are a disturbing idiot but I have come to the conclusion that you really hate AST... did you lose some money perchance?..if you did, you really are a dozy Kent!!.. turn up at the next AGM and make your feelings clear so that we know what kind of cowardly bastard you are. Put up or shut up you negative loser.!!.. I know it looks bad and I know I will get some stick if it goes wrong but look at the asset value. Yes, I know if it goes wrong I will lose a lot more than most but I am a gambler and I don't cry, I move on and make Returns elsewhee!