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It’s quite simple, if you see the likes of Ronald or ART posting negative comments then get ready to buy, they are not your cue to leave, thay are the alarm for good things to come. Think about it, how many boards do you post on that your not interested in investing in? At what point would any investor spend their time on what is worthless when that time can be spent doing what an investors foundation
Welcome back Sam. Lost a bit on GUN myself, luckily had some shares in there for 2.45 but put more in today and ended up in the red.
With BigDish however I can’t see a loss buying in now. You may just hit your 40p faster than 12mths, can’t see anything slowing down the DB bullet train!
Summery.
Raised, in aggregate, £2.1 million
Highlights:
· Fully funded until 2021
· Acceleration of the UK rollout
· Acceleration of customer acquisition
· Acceleration of new production development
Whilst already being funded to execute its current strategy, the Company felt that this additional capital could further accelerate BigDish's growth beyond this.
BigDish is now entering the hypergrowth phase
Update on Oyster Oil and Gas
The Board of Gunsynd (AIM: GUN, NEX: GUN) notes the recent movement in the Company's share price and wishes to provide an update further to its announcement dated 4 March 2019.
As announced on 21 July 2017, Gunsynd invested GBP250,000 by way of a convertible loan into Oyster Oil and Gas Ltd ("Oyster"; listed on TSX Venture Exchange under the symbol "OY"). On 4 March 2019, the Company subsequently announced that Gunsynd and Northbay Capital Partners Corp. (also a debtor of Oyster) had reached conditional agreement ("Agreement") with Oyster to settle the aggregate outstanding loan amount of CAD1,426,500 owed to them. Gunsynd's loan represents circa 30% of the total outstanding loan amount.
Under the terms of the Agreement, the total outstanding loan amount is to be exchanged for the entire share capital of Oyster's wholly-owned operating subsidiary, Oyster Oil & Gas Limited ("Subco"), established under the laws of the British Virgin Islands.
The Agreement is subject to the approval of the shareholders of Oyster and also subject to the review and approval of the TSX Venture Exchange.
Gunsynd notes the recent movement in the Company's share price and wishes to announce that the Oyster shareholder meeting is due to be held on Friday, June 7, 2019 at 10:00 a.m. Vancouver time (6:00 p.m. UK time) at Suite 2200, HSBC Building, 885 West Georgia Street, Vancouver, British Columbia.
A further announcement will be made in due course.