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'The Company has agreed to issue Aldebaron or its nominees with up to 37,885,931 warrants exercisable at 1p per share for a period of 18 months from the date of issue as compensation for returning the distribution rights for the Asian territories, subject to fulfilment of all obligations relating to the initial proof of concept phase'
So DEV gets £3.6million but gives away 38million shares?
This is reminiscent to the CEO's timescales over at AVCT ;D
May, June, mid July.....by Summer.......
Far from negative, just a touch of balance with a splash of humour. I remain full of positivity for our beloved DEV, if a little fed up with our current situation.
'So, this guy prefers to work for LaunchMyCareer rather than a company who’s parent (Byju) are valued at $22bn' - this is assumed not fact.
Keep the info flowing S_C, always appreciated
Or........
He wasn't very good at his job; or there was a duplication of roles after the buyout and needed to move on; or he simply didn't align with Byju's principles or management team; or he was caught with the secretary in the stationary room ;D
28th April: 'Due to minor delays ........ the Board now anticipates the Accounts will be published on or prior to Wednesday 18 May 2022'
17th May: '........ it is now anticipated that the final results for the year ended 31 October 2021 will be published by mid-June 2022'
4th July: Further to the announcement on the 17th May, the Board is pleased to announce................. a steady rise in the share price to buck the market trend and put the recent PI frustrations and concerns behind them. Thank you for your continuing patience and support. Hugs and kisses, DEV.
Loss for the period of £10.6 million (H1 2021: profit of £23.4 million), driven by the unrealised loss on the value of the Group's holding in Dev Clever Holdings plc ("Dev Clever") over the period. This reflected a fall in the Dev Clever share price from 38.5p per share at 30 September 2021 to 27p per share at 31 March 2022*
\* The Dev Clever share price was 30p per share on 24 December 2021 when the shares in Dev Clever were suspended pending a proposed reverse takeover ("RTO"), however the Board have valued these shares at 27p per share at the period end to reflect off-market trading activity
I have emailed the company twice this year and had no response, not even an acknowledgement.
They may be inundated and are far too busy dealing with more pressing issues, who knows. The comms are poor, it's out of our hands.
Bagz......I was just talking to myself tbh, I miss our talks of early retirement ; D
Think my glass keeps spilling it's contents so I have to regularly top it up.
You stealing your quotes from Scardey?
7 trading days of June left. Will mid June become late June or will it slip yet further and become mid July?! No-body knows......well, not us anyway. Come on DEV, the silence is deafening
Brace yourselves, we could be in for a bumpy ride. To be fair, after a 6 month drought I'd quite like to add to my holding.
Mid June is indeed upon us, give or take a few days
Whats another month when we've been waiting this long. Doesn't however mean we won't re-list before hand
........
We are all entitled to post anything we wish Randy. If a moan helps get their frustrations out then so beit. Maybe try checking the board on a weekly basis rather than daily, it may help your mood.
The DEV train will be back on track at some point 'soon' and our frustrations will a distant memory. Patience fellow DEVers...
I almost slipped off my chair..........oh DEV how I've missed you.
I do like the sound of this 'It is intended that this will cover a number of major emerging markets around the world and add significant immediate, near and long-term IP, content, equity and other resources to Dev Clever's future development and growth plans'
High five to anyone who took advantage of the SP around 50p, I know I bottled it as overweight on this one as is
I miss Marik bless him
Abingdon up 15% also. Possibly wishful thinking and a touch of FOMO but who knows.
Beyond belief! I’m considering doubling my holdings which is something of a dream in one hand and a nightmare in the other
Another freefall panic day.....getting a bit boring now
Can't argue with that C909