Member Info for katstrangler

Yup, i''m clueless because i sold the last of my holding at 0.6... and the current price is... ?

First, not advice, an opinion based on reading the rns and the facts as they stand.

second, not being in GST since 0.6 gives me all the credentials i need.

look, you read the posts and you decide what to do... positive or negative. if you don't understand the opinion or the post then do some research to see if it stands up and over what timeframe. then decide to dismiss it to take it onboard.

haven't said when shares will be issued or how many, beyond generalised numbers. but if you don't understand the wording then ask ai to give you an unvarnished opinion on the rns and what it is saying, beyond giving the company money... ask it at what cost to the company and, more imporantly, to investors. if they say something agin what i've posted then filter me and never read another of my comments...

In 2027/2028 they'll have umpteen billion shares that'll be consoildated 100: 1 to get the sp back to 2p and your stake will be worth nothing. even if things 'go your way' £10million converted into shares on a vwap is billions and it doesn't matter to them if the price drops because the next load of shares they receive will be lower still.

look up ICON to see how it works...

Https://www.investegate.co.uk/announcement/rns/bsf-enterprise--bsfa/-1-million-convertible-loan-note/9612331

Kat's the kind of person who waits at a bus stop for 10 mins then walks home while all the other bus stop see nothinng coming and think it's a good sign that something's going to come 'imminently' only to find out the last bus has gone and the bus coming up is a bin lorry. meanwhile, kat's at home, watching tele and planning tomorrow's adventure!

One doesn't have to try too hard to find the negatives and it's easier from not being in so looking for anything to prove the upside... which is that the company continues to exist. what it doesn't do is help investores, beyond keeping hopes alive.

have to wonder why BoD didn't do anything to increase their holding at this level too? their aerage is 2p but maybe they figure just giving them more time to draw a salary is enough as it's paid for by...

'further payments in 2027' make my point for me, that they need funding. 'interest doesn't equate to revenue... and if there's to be a conversion of 'interest' into revenue that will take more time that their cash allows for... hence the placing.

doesn't matter which way one cuts it, funding is lacking and need some real boosting and, in the short term, it doesn't come from revenue.

you're pretty much saying it yourselves...

as for brompton 'validating' it doesn't at all... it's testing/trialing which, on results will either validate or not. but, again, mid 2027.

"Any conversion into preference shares would be based on the average ten-day volume weighted average price of the Company's ordinary shares immediately preceding the date of the conversion notice..."

in other words... vwap.

ffs, do you holders not read or are you hoping to pump this to get out?

Sorry, make that 2 billion.

and if you want to, ask your friendly ai to give you an honest opinion about that rns and what it does for the company's investors (not the company!)

Dear bulletinvestor, i've already posted the actual lines in the rns that make the point about the shares dilution and how the vwap works in the favour of the funnder.

plus, accept that the survival of the company isn't the same as a profitable future for the investors. the BoD won't care that up to 1billion more shares could be included in the total share issuance because their jobs survive. holders, on the other hand don't get to enjoy a GST salary so you're merely funding them and their jobs.

if you want to ignore the psots, that's fine... don't blame you for ignoring them but if you can't or won't do the homework or even honestly checking the points made and verifying it for yourself...

And to challenge you with your own line, "I challenge you to come with some actual factual information with a source behind it."

i don't need to prove it because i'm not in this share yet... you, on the other hand, currently holding, definitely need to prove... to yourself, if noone else, that the sp will be higher and why and where your proof is... and other holders will be grateful for its inclusion here.

You're making the assumption that they're holding off from a bad placing because there's money in the pipeline. but you have zero evidence of that, in the same way i have zero evidence that there isn't.

MY point is that having cash to zero that takes them to year end isn't the way companies run, nor do they hold off on the 'expectation' that something will come along.

the reason i am still on the sidelines isn't because i think i can influence the whole market with 'negativity' but because there was no comments about 50Ah on the last update, they have only got £100k trial buys of Stereax and the Brompton £200k to materialise in 2027 does sound like secure funding!

they need cash to last to the end of 2027... and your point about 'why not raise at 40p' is the very same point i'm making now but at a lower price (with my own assumption that lower is to come). if you can point to a definitive £several million revenue, as opposed to £1.1million announced in April trading update

then great. personally, i think they will hedge their bets about revenue to come and are already into negotiations. unless they can prove to the money markets that the company is doing well they'll be looking for a 15-20% discount... taking the sp to25p ish.

i fully expect you to argue the case, it's what the bb is for but i don't see any large buys pushing the sp higher. and, tbh, with all the battery news being released, i don't blame anyone not currently in not buying now until there's an update on the 50Ah...

Because the spread's about 20-25%.

there are times when you deliberately blinker youself!

The 'value' is in selling their existing shares to the market and 'bargain hunters' and then getting more shares even more cheaply... they never hold any shares that aren't in profit and can keep pushing the price down... and, at the end of it, they can always get 5%.

read up on death spiral funding...

You're just saying that because you have no choice. the company have 'saved' themselves at the expense of retail. it's why they couldn't possibly have raised funds in any other way.

i'll leave you to it... hope it works out.

gla.

They'll constantly sell the shares they don't yet own to drop the price and then get more shares at the 10day vwap... the more they sell, the lower the price, month on month.

clarivan now in total control and the montly dropped price will be enjoyed by them. even if there's 'good news' they'll just sell the shares slightly higher and there's no way retail will ever be able to absorb all the shares issued (and there will be because GST is running on fumes, financially'.

sorry but look for a forced spike and plan for it, wherever or however high it goes.

gla.

"Any conversion into preference shares would be based on the average ten-day volume weighted average price of the Company's ordinary shares immediately preceding the date of the conversion notice..."

in other words... vwap.

Will destroy long term holders:

"loan can be repaid at maturity through Ordinary Shares or a new class of non-voting preference shares."

might see it pumped by a few in an effort to get out but don't be fooled. whatever the short term gain 'might' be... noone will be wanting to hold.

only done because there was no other way to raise funds and issue shares publicly as noone wanted them

sorry...

But at least holders might now get an out on herd ignorance!

gla.

Terry, you suffer from the same bs insulting as others who think they know my tactics. don't you get bored with sneering at someone who doesn't tow your 'this'll be 240p by christmas time' line?

if you don't want to read it then filter... unless you need something to vent on because the sp isn't where you want it to be.