Member Info for Latino

Yes agree, it may well be they are done sellling now…phew that was one hell of a steep drop by MMs but by a thousand cuts!

Yes I hold my hands up, I got it wrong. I misread and misunderstood the RNS when it stated 0.1p for conversion - though I think I’m not the only one confused by it. However I also think you may be wrong for calling this down to some 0.02 level..

….and so will the new investor.

Meant on the charts!

First time in 3 days I see a little bounce up…after some 90% fall lol

Richard Edward’s?

Never seen spread this tiny on this stock 1%, in the past always over 10%. Just no more cash to top up!

Has to be a steal at this price now. But purplexed as to who is daft enough to be selling down here?

Know when I see a dermaper, you can twist it the way you want but the conversion as per RNS is at 0.10p. So this now at 0.09 is bargain basement. Let’s see how this plays out..

Commiserations if you’ve been holding then it’s shocking. My view was based on the current share price and zero debt at 0.10p its a bargain down here.

Surely extremely better RTO candidate now at 0.10p with zero debt clean shell. PIs were paying 0.5p just a few weeks ago with the 900k debt which has now cleared.

New investor holder now, Chesterfield still in over 11% and Peterhouse with warrants. Debt cleared now so it’s now a pure clean shell, very attractive for an RTO.

Don’t know fella, struggling to understand your post and your calcs as it makes little sense. Anyhows we’ll see tomorrow.

Need to check your calcs…price as per RNS is 0.10p. This is the lowest it can go.

Very attractive RTO candidate now than before at 0.5p or 0.3p recently. Debt fully converted fully. So clean shell + Zero debt.

30 Jan RNS extract

‘..The Company has also now agreed an irrevocable conditional amendment to the Existing Funding that its

existing debt (inclusive of the further £40,000 advance) will be reduced to £900,000; no interest or fees will accrue during the term ;all rights to receive warrants pursuant to the Existing Funding are released and waived and a 24 month repayment term from the date of the amendment being effective

The board has therefore taken steps through restructuring the Company's funding routes, to ensure that the financial position and prospects of the Company are maintained to facilitate a future reverse transaction..’

No RNS today is very positive in my view, they said they were require to make progress by today otherwise plan for admin. This means likely they are making progress and SP rise today I think also supports this notion. Let’s see what Mon brings gla

That surely can be an easy fix, why are they withheld and why now?

Funny what a MM treeshake can do, plus they’ve now increased the spread. So those who got played now can’t get back in with a 30% spread…so try and deramp to see if they can get a few to sell.

Nothing has changed since this went to 0.9p earlier.

That’s nothing new here, it’s the sale news that’s critical.