Member Info for King5hott

Here's the interview with Ian price We received notification of their intention to exercise the warrants held by them and one of their wholly owned subsidiaries, Ecofinance (GLI) Limited, on the 4th March. As you mentioned, this will bring almost £1.5 million of cash into the business which will used to fund the working capital of the business and deliver on the company’s business plan. The issue of these new shares also comes with an agreed 90-day lock in period where the shares cannot be traded and also a further 90-day orderly market agreement. So, following this, Altair will have an increase equity position in the company, and we see this as evidence from our longstanding shareholders that they’ve got confidence in our business model and its growth potential. We also understand that the block trade that was executed by Altair at the same time was with an institutional investor who understands the waste to energy space and obviously, has the intention to be involved in the company for the long-term. https://www.*************.net/ceo-qa-with-ian-price-at-eqtec-plc-loneqt/

I know mark it's a joke.

The way it was put to us was. Altair sold their warrants and the shares went direct to someone else. No names and tr1s but one would assume a II investor at that quantity.

Theres been large selling going on for ages now.. like endion says if it is them their position is probably reduced massively so far. Do you think they might be holding back a tr1 to prevent further panic. Get this contract out the way then release? Wow didnt see the 6 - 10 contracts with Phoenix! This can be a game changer for eqtec just with Phoenix. Be nice to have this info officially released not just tweeted. I dont like following Twitter you get all the amigoes on there. You can tell who Oracle, aimer and luther are! Just repeated the same shite on here.

With the position ebioss are in would you rather they had a minor holding?

That's exactly my thoughts too.. but maybe their taking a back seat like others here until business is proven to create revenues. Those guys wont be taking a punt like us lot.. they have millions of shares as it is with the recent drop they will be sitting on a massive loss. Fingers crossed the contracts happens in the next few weeks and will fulfill some confidence in II investors. We need to know what's going on with this seller.

I dont have much experience with that dip stick but take your word on it. And daddy let's hope it is a restructuring program because it's still potential business for Eqtec. Yes it feels like it could be that amount sold.. God knows it's been going on for so long. I wonder if we never had the last issuance of shares that the SP would have stayed around the same but still we just wouldn't move anywhere and kept seeing these large sells. You think that week after obliterated the SP to where we are now. (Because of that shite RNS) thanks to Ian loads of Pis sold up. If Ebioss wanted to reduce their holding to 25% let's say... can they legally get down to that number then issue a tr1?

As its been mentioned I dont understand why you would short these penny stocks but obviously it could happen. I just think with the current situation Ebioss are in and the amount of shares that have been sold points towards them. FYI the black toro situation. There was no evidence we would get money from that deal. It was just an obvious speculation that they would get projects to then use our tech. If it is them... the best outcome would be reduce their holding and still hold but to put the finance towards their restructuring program. Ideally we need them to come through this tough period and produce work for us. It's a really weird scenario there.. they had an investment from GEM had the urbaser deal then suspended. Just feels logical its them selling (with the quantities we've had) Unless GEM pulled out and they need money. Too many ifs and buts. But let's be honest all the loan providers are and have been making money here if these contracts come off theres going to be more money for them. Why would they sell? It's not good business. Ebioss are the ones in a bad position right now.

Its definitely got to be Ebioss. Unfortunately they have so many shares. Hopefully another major or new is building too.

What's the 35m trade?

If Ebioss are in a bad way and need money... I dont think it matters. They just want some money. Only problem if it is them. They have a shite load of shares.

Let's be honest its more than likely Ebioss!

You back in mark?

This could and should have a big knock on effect with other contractors once projects are under way with Phoenix. Just need some confidence here.

Sorry to hear you sold JB.. I sold a 3rd when everyone lost their heads and tbh I was worried. My head was gone for a few days but after the last 2 updates I feel alot more settled but still a small amount of doubt. (I think you have to have your wits about all the time here now) But the fact that they have stated end of June (which we haven't had before) plus all the digging we've been doing it looks to me to be a good punt at these levels. I'm not going to buy more because my isa is full but if I had spare money I prob would to sell on next news. If another share does well meanwhile I'm sure i will.

When they get signed potter. You have to realise eqtec haven't signed a contract in a long time... there have been many projects spoken about which haven't come through. So I think the market wont react until signed and money in the bank.

'Seperate sales contract' Are you thinking more equipment dip stick? Thanks for going over the news feeds and outlining it in order. They have definitely made it hard to understand. But the deals and relationship between Phoenix looks very promising. What are your thoughts on total projects.. is it Original 2 + 3rd + 5 more Or Original 2 + 3rd +2 more totalling 5

I think your on to something there Palmer.. 'the supply of CERTAIN items of equipment currently held at EQTEC's Newry site'

Thanks Palmer

Ian cant issue more shares if they get this purchase order. IF HE CARES ABOUT SHAREHOLDER VALUE! It's amazing how the market does not react to his tweets and news flow anymore. His first interview shifted the SP 50% now does nothing.