Member Info for Laura2022

Cannacord have 4mln so depends what they plan to do

This was why price collapsed soon after the RNS

This sell was delayed by an hour so was done at c3pm

31-Mar-2516:08:233.10606,060

Billy

You're missing the £18k sell at 3.10p

OMFORT IN NEAR-TERM FORECASTS The trading update confirms that FY 24 results due to be announced by the end of June will be in line with expectations thanks to the shipping of orders secured in the year. Additionally the company has confirmed that FY 25 trading is in line with expectations the 10.8MWh STS supply agreement, the 14.4MWh Everdura order now being joined by the £10m of grant income from the LODES competition. The company has also been working at the corporate level with a review of capital allocation and the redomiciling from Jersey to the UK. With a further move to electronic shareholder communication and the planned cancellation of the secondary listing on AQSE, administrative costs are reducing. Again this gives additional comfort in our existing forecasts. ADJUSTMENTS TO FORECASTS TO INCLUDE THE NEW PROJECT Taken together therefore, the statement gives us greater comfort with our near-term forecasts but have made adjustments to capture the LODES grant income and also the project development and income as it goes forward. We have added the project to our forecasts with the battery economics based on the price spread for a 4-hour battery using the GB market price duration curve. We have assumed other elements of the revenue stack are minimal and we think the outcome is conservative although positive with infrastructure type returns. As a first of a kind reference project the real value is as a demonstration site to market new sales. As a result, our central case valuation remains unchanged at 72p. RISK MITIGATION We also see other risks being mitigated with some positive progress highlighted in the trading statement. The 24% cost reduction at ENDURIUM allows it to compete despite falls in lithium ion battery costs although we also think ENDURIUM can serve markets that are less suitable for lithium ion whatever the cost. The company now retains manufacturing presence in the UK, Canada, China and Tiawan and is engaged in discussions to expand in the USA where funding remains available for part-funded projects with the Department of Energy. Together with the UK partnership with Frontier Energy targeting up to 2GWh of projects under the Cap and Floor support mechanism we see greater backing for these forecasts.

If he wants to keep creaming holders and raise money himself and staff he'll keep it listed

https://*********************/notearticle/article?researchnoteid=59_50981242-db25-464a-9fda-79de44cf19a6&whitelabelcompanyid=je00blr94n79&clearcache=false

£20mln over 10yrs

BB

Depends if IQAI is main or AIM listed

If main listed you don't need 75% as happened on a few companies last 6mths , you just need to give notice NOT gain 75%

Well

A load of use Lenigas was here , PPP or any other company (UKOG) he's been involved in

No doubt he'll cream WSBN,

79th Group has been on Insolvency & Law’s radar for years, primarily due to its unregulated nature and relentless promotion of Loan Note products. As we dug deeper, a series of red flags quickly emerged:

Key Warning Signs:Unsustainable High Returns – Promising huge profits on unregulated investments is a hallmark of financial scams.Unreliable Overseas Security Trustees – The use of Castle Trust & Management Services Ltd (now in liquidation) raised serious concerns about investor protection.A Web of Companies with Limited History – Multiple entities were formed and dissolved, with unaudited accounts which we cover below.Dubious Overseas Operations – Evidence of boiler room-style setups and irregular salary payment arrangements for employees suggested potential financial misconduct.No FCA Regulation – Unlike legitimate financial firms, 79th Group is not regulated by the Financial Conduct Authority (FCA), meaning investors have no official protection if things go wrong.

Just when you thought FCA/AIM couldn't get any more useless in their policing of AIM

Investigation of Fraud

The City of London Police is actively investigating The 79th Group for suspected widespread fraud. The group had been promoting a range of investment schemes—including loan notes—with promises of fixed, high-yield returns backed by property.  However, it seems the authorities suspect  that these investments warrant legal scrutiny.

Impact on Investors

For loan note holders, the situation is precarious. With both interest and redemption payments suspended, the situation leaves investors in the dark about the future of their funds. There is now a real risk that some may never recover their principal. The freeze on payments has also exposed potential weaknesses in the security and legitimacy of the investment instruments offered.

Next Steps for Investors: Act Now

At Insolvency & Law, we’ve identified potential legal and financial recovery options. If you’re an investor affected by The 79th Group’s actions, it’s crucial to act quickly:

Probably because of this

we are discussing with the loan note holders the terms of an extension to the Convertible Loan Notes. A failure to generate sufficient funds by disposals or external funding might put in question the Company's ability to continue operations.

404x

You wonder how so many of these IPOs got off the ground last 5 years..eg BIG ,CEL THG and countless others

Improperly diverted or extracted significant sums of money from the Company and/or members of its Group (principally Buddi Limited prior to 2019) to herself or persons connected with her, including the Relevant Entities.

Sara Murray has yet to provide any substantive response to the Company's requests to her for information, including in relation to the matters above.

As noted in the previous announcement on 21 March 2025, the 17.3% aggregate shareholding of the Relevant Entities is in addition to shares in the Company held by Sara Murray directly, which are currently understood to represent approximately 26.8% of the current issued share capital of the Company.

Publication of preliminary results and audited financial statements

As a result of the above, the publication of both the Company's preliminary results and its audited financial statements for the year ended 31 December 2024 will be delayed. The delay is a direct result of issues associated with Sara Murray's actions and additional time is required for the appropriate consideration of contingencies, legal provisioning and disclosures in relation to post-balance sheet events. The work on the audit is well advanced and the Company will continue to work closely with its auditors, Crowe, to ensure the publication of the audited results as soon as possible and, in any event, by no later than mid-June 2025.

The Board expects the underlying performance of the Company for the year ended 31 December 2024 to be in line with previous guidance and market

Had to happen

If you look back at Trevor B companies or companies he was involved in there seems to be a pattern?

IQAI ( paying wages but no progress )BRH (paid himself a hefty payment dividend) Chamberlain( went bust) RMS solutions (became NNN and went bust ) MRS (went bust)

Perhaps so. Yes

1st of the Cannacord 4mln?

600k+ delayed sell

Not a problem

Very precarious

Conversely, a failure, or a further long delay, in the DRC, neither of which appear likely to the management, would leave the Company's short term finances under significant strain as the level of current liabilities now reflects the expectation of an early award. Immediate action would have to be taken to dispose of some non-core assets, and other action taken to restructure or convert some of the Company's convertible and debt securities and/or raise money on what could be dilutive terms. The Company's convertible and debt holders have been strongly supportive of the Company, and we are discussing with the loan note holders