Member Info for King5hott

If we did get bought out how can we get shafted? You cant just wipe out everyone's shares.

What would actually happen in a takeover scenario if it happened?

Non the less if your registered on the London stock exchange you should comply with uk rules.

With all the placing and warrants that's happend at this SP level.. if we actually landed a contract say the north fork one. Where would you expect the SP

Have they got around it because of being a European company? More lies and disguising.

I know all it implies is.... it's looking very good guys and let's be honest (me included) weve all bought into it.

Honest question for everyone.. if nothing was going to come of any if this.. why have they carried on running the business?

Ah sorry guys I do remember that being the case with vietnam.. yet another shitty excuse for changes nearly a year later.

I think the worst one was the most recent.. after drawing money down for working capital. Next day getting news saying contract end of june. Then they just say at the end 'we will keep you updated' I'm sure alot of people me included added more because they stated it happening so soon.

Anyone else think Ian clearly lied to try and raise the SP?

And where have they fizzled out vietnam I haven't read anything about that in any RNS's yet? Not saying It wont.

The only positive with billingham is it's with cobra.

Its such a shame how its played out the last few months.
I honestly feel since there was that big sell off from altair then ebioss dumping weve never recovered. (Obviously the recent debt restructuring is not good)
There is alot potentially on the cards still but Ian has gone very quiet from all the updates he was reporting.
I'm very frustrated with him and everyone else here. His last operational update had alot of good news, and I quote

Advanced stage proposals for two refuse derived fuel ("RDF") projects in the UK, where EQTEC would provide EGT and could act as lead developer.

Where is this other one Ian it's been nearly 3 months how can you state advanced stage?

With the recent debt restructuring and ebioss restructuring all phoenix there must be chance of securing one contract. Why would they have lent all that money, surely we were near bankrupt?

My average is .86 I'm hoping good news/contract is not far away (depending on what is might be) looking to get out around 1p

Just dont know what to think right now. But ultimately why would they carry on if no projects would materialise? Surely right now any contract could 2 bag from here? It went to a penny of the back of Vietnam. (Ian btw what the **** is going on with that. Were just wait for the bottom of next news)

Good start again

Nice spot dip stick! Wheres that info?

I've been sitting back and staying off here the last few weeks. Ian has 3 days to follow up his statement. And I hope he does.

There was talks on battery storage this morning but annoyingly just about Tesla batteries. There needs to be be more coverage of VRFB's because hardly any of the public actually know the positives about them.

Good news too hear.

Recovered after the drop today.. bring on the good news!

The agreement with the bondholders will restructure more than 19 million euros. Of this amount, four million of the main bond will be converted into capital, if good the figure could be extended to 6 million in the next 30 months. The rest of the 13 million debt with the main bondholder will be converted into a 7-year loan, at 2% interest and with two years of lack of both principal and interest, as will the case with the 4.4 million euros of debt with the second largest bondholder. Ebioss will also capitalize a debt of 1.85 million uros with the third largest bondholder. This restructuring will be conditioned, among other issues, on the "achievement of the Akiles project", which implies a "complete strategic reorientation of the group", and the suspension during the first two years of the dividend. For Ebioss to persue with the business. There has to be some large and upcoming projects. It seems like alot of thought a DD has gone into what to do with this company. The bondholders are taking over alot of debt too. Now they are relisting tomorrow we could well see the last of selling? Hopefully this will be a turn around for us.

To be honest ebioss had so many shares of eqtec it was a worry if they did go bust and goe the market would react. Great news for a Monday ebioss not bankrupt and if returning to the market the restructuring looks in place. Hopefully they are massively reduced and other II's have taken the shares on.. we so need to know an update of share holdings.

Good find dip stick.. thank god they are coming back to the market! At least they didnt go bankrupt. We will probably find out it's been them selling to re finance the business.

I'm still not sure about the shorting... and if they were being closed the SP would react to that as buys

How can those fuc#ers leave it so late to present it to the market!