Member Info for LTbeliever

N5,
negative misinformation could be due to ulterior motives OR just a misunderstanding of the RNS (same way you thought that no cash was changing hands :) ) . I am keeping an open mind and always trying to stick to the facts and numbers.
As for the lack of news re MSYS' cash balance and margins, I expect those in the Final Audited FS for 2021, sometime in May (the latest), so in about 10 weeks; ideally, an earlier RNS would be good but don't forget we have an interim CFO so maybe the delay is justified.

N5, to clarify, there are 2 bits of investment here - one being the 200k cash (added to MSYS bank b/ce), the other being the shares in lieu of the annual salary (which helps MSYS in NOT paying cash):
"The exercise of warrants and investment of £200,000 by Dr. Nigel Burton, Non-executive Director, and our receipt of share based remuneration in lieu of our respective salaries for the second year, represent a strong signal of our full support for Microsaic"

N5,
Tnx for your kind words. Just one point, Cash HAS changed hands; Nigel took 200k out of his pocket and gave it to MSYS for the new shares (+3%); yes, he has a vested interest as now he holds 8% of MSYS; yes, IMO it's positive as he is spending 200k on a small cap on a day where Mkts are crashing due to fears of war, inflation, oil price rocketing etc (and IMO, this is a big reason why the SP didn't rise today, but in fact it is out performing many blue chip shares).
We are waiting for new RNSs to show progress - hopefully - on various fronts AND if Helium disappears in the meantime, all for the better. :)
GLA

NU,
I can only say that in a few months time, you will be laughing! IMO

Historically, Cash burn was 2.5-3 mln p.a.
MSYS started 2021 with appx 6 mln in cash (after placing). It had 1mln Rev, so even at 40% margin, that's another 400k; plus tax grant for R&D (200k?); plus, expenses should have been a bit lower due to synergies with DVRG; so, IMO, not unreasonable to have a 2021 Cash burn of 2-2.5 mln; leaving MSYS with 3.5+ mln cash at Y/E 2021; Glenn said that MSYS does not need cash unless there was an interesting business opportunity (implying expansion that would require capex and WCap, that's my reading at least).
Therefore, I don't think the rationale for today's 200k exercise is lack of cash...I would say it's to show faith in the prospects of the Co because Nigel could have waited a few more weeks/months to exercise the options, right?
His cost (200k) would have been the same; the only difference would have been the SP; if the SP dropped below 0.10 in a month say, it would not make sense to exercise then; if the SP was 0.15 say, he would still pay 200k out of his pocket so it would be worth it if he intended to sell the new shares in the open market.
Therefore, as (IMO) he does not to sell at these levels now or in near future, this whole exercise was more to support the SP and investors' psychology. All IMO

C99,
Yes, you are right for the short term but could be on the cards upon Glenn's departure?
Although, business-wise, I still think it won't happen this year.

McFish,
It's shares' payment in lieu of their annual salary. so getting shares instead of cash. It's the opposite of what GJB did with DVRG, he got cash there instead of shares.
Maybe they are preparing for a takeover of MSYS by DVRG so know for sure that the SP will double quickly from here? Just speculating, but GJB now has 3% (and plenty of options) and Nigel has 8%, so imagine of the SP doubled at the propsect of a DVRG takeover.

It seems PaulCon got his timing right :)
Maybe a friend of a friend of Nigel's???? :))

A vote of confidence?
From 5%, now becoming an 8% (appx) Shareholder.
Spending 200k of his own cash...should be positive! And good timing probably.

Getting close, it seems; hope to see some orders announced at its launch.

I'm just happy that there is trading volume because it brings us closer to Helium's exit; also, the SP remaining steady (albeit after a huge fall) despite big chunky sales on zero news plus the global mkts being in turmoil, is a small positive to me. IMO

NU,
Can't say about the MACD, but we have not had a decent RNS since late September; should be due any time soon?

Actually, the 5m might be a buy..it came just after the 11m at a slightly higher SP. If it was a SELL it would get the same, or lower SP, right?
Anyway, the Mkt Maker is still absorbing these SELLS for now!

PaulC,
I agree that you will make good money from MSYS, merger or no merger;
I disagree that individual PIs' actions don't matter; if 200 PIs invest 2k each, that's the whole of Helium's stake left.
And yes, things will get more exciting in Spring. IMO
GL

It's more logical that Helium has a big SELL order with the Broker, who dripfeeds it in small lots, rather than someone over at Helium checking what little daily volume there is and deciding when and how much to sell.

Helium happy to crystallise a 10% profit! Must be getting desperate...let them sell now, on no news, so at least when the RNSs come, the SP will jump and stay up.

Well, at least we can test his prediction of a takeover by the deadline he has set himself (31 March).
So, I have a feeling he's still invested in MSYS.

NU, you are right but only 2 days ago PaulC wrote that "I am invested accordingly" to the event of DVRG buying MSYS; normally SP of DVRG would drop, and MSYS would rise, so I took it to mean that he bought MSYS and sold DVRG.

I see that you have exited from DVRG, PaulC.
But still committed to MSYS :)

PaulC, sorry I don't get you :(
Are you saying 1) that you predict a merger within the next 7 weeks?
2) you bought 30k shares today?

My thoughts are - let's wait and see - I still think that a merger is premature given the more urgent priorities of both Managements.
DVRG is already 3 mln behind on promised Revenues (i.e. 2mln per month) for 2022.
MSYS is trying ot get China off the ground etc.