Member Info for LtdAxis

@shalf.
I had 160k already ( as stated yesterday) . Added about 15k@1.53p
Regards Ltd.
( I can only guess what the ***s mean ;)

I also notice that the company is currently working on its strategy for 2021...nearly half way through, and that the PR team says Twitter is not us area of expertise!
You couldn’t make it up. Maybe they are a fake PR company ?

Thanks Eddy

That was an honest reply from the PR team.
Maybe the crucial phrase is
“ as it will not immediately lead to revenue generation; ”
Very best of luck and I can tell you I can handle IT! ;)

I would suggest you cut and paste those comments from RKB and then compare it to the eventual outcome. I topped up @1.53 to round up my holding to 175 k of shares and that's enough risk for me on a company I have always seen as inherently risky, despite the occasional rewards. Those rewards are always down to bubbles of sentiment and have not thus far been based on any actual success or concrete plans. But maybe I will be proved wrong. I hope so for those trapped at 3p plus.

I agree Dave.
If next weeks hearing takes place ( and it should be fairly easy to check the schedules next week) it is for the independent experts appointed by each side to present their respective valuations in court.
I imagine by now each side would have used private channels to gauge the ball park figure of the other side although maybe not. If they have and the amounts are similar I imagine they would still wait for the court presentation and then get the court to rule on the settlement without much further delay.
If the figures are substantially different then I imagine the court will adjourn to consider the reports and make a ruling in the future .

The figure in CL17s accounts that they have put through as a reasonable expectation of achieving for court cases ( not just this one) is €4.44m
It is also worth noting that CL17 owes €5.4m to group undertakings.
For those new to this share CL17 is a subsidiary company of QBT where any recovered monies would be paid . The other subsidiary of most relevance to the historical litigation is Brainspark Associates . Their latest accounts and auditors report should make interesting reading ...

@linandy. I had an order in for 75k of shares at 1.5p and it went through @1.45p. Not sure if I wanted them but that makes my holding 160k shares at about 1.6 average . Funnily enough that is the price I said I would look to buy back in at when RKB told me to jog off !

It’s just my opinion Steve , which as you know has not shifted substantially over the years . When JS invested that did look like a game changer . What has happened since shows nothing has changed and CLP/QBT were ‘played’. I might be wrong and will say so if so am.

He's talking about me ;)

@figtreeharry. Thankyou for your measured reply. The truth is I wouldn't be honest if I didn't say what I actually thought about this company, and I also wouldn't be honest to not say that I have been trading it, albeit in small amounts. The two positions are not incompatible. In fact that is the very nature of investing in these markets as it is often what you can 'collectively' get enough people to believe rather than any real relevance to the truth. RKB has always known that (swelling the herd etc). I genuinely don't want anyone to lose money on this or any other investment, I just sometimes get to the point of reading so may posts that are (to my mind) so disconnected from any reality that I have to post what I think, regardless of whether I happen to be holding at the time or not.
I could make the case (with the same information that others can freely view on companies house etc) that this is a company one should avoid at all costs, such as the auditors report on the latest set of Brainspark associates accounts ( for example). I could argue you have been fed false information for years(by those acting entirely in their own interests). But all the information is out their for you to make your own minds up.
So from me I can say that IMHO all litigation/court cases etc on completion (eventually) will effectively cancel out a portion of the current and historical debt, but no more (and that's a best case scenario) and the £1m or so raise by the JS investment will effectively allow FG to spend a few years in his garden shed fiddling with some old ZX Spectrums whilst dreaming of ballerinas and being an F1 star.

The problem here is that investors have nothing concrete to buy into . A stand alone new company with the specific aims of getting into quantum computing and all its associated spin off avenues would be fair enough , although one would still like a bit of detail on the direction before deciding to invest .

The reality is this is a multi faceted farce of a company , mired in debt and historical litigation that has ( in my view) shamelessly jumped on the crypto bandwagon to try and engineer an escape route from its historical legacies .
If anyone has the patience to take a step back and objectively look at what actually makes up this rather shambolic group of companies at no. 22 then you might well think twice . In fact you wouldn’t need to think it’s that obvious .
But of course none of that really matters on AIM because as long as a bubble of expectation is created then the price will rise and then fall for no other reason than change in sentiment, often based on spurious facts or false hopes.
For that reason it’s fun to trade but I think the amount of twaddle peddled about this company is laughable. It’s a sham through and through .
Btw I have about 85k shares &1.7p average .

Will 1.5p be tested this week? Or will the share price be comfortably back above 2p again? Looking at the plummeting price of bitcoin I would suggest the former is more likely, but as ever nothing is ever that clear with clear leisure (sorry QBT!)

@linandy I got some at just under 1.75 as I moved my order down from 1.85 first thing . Still got the 1.6 order in as per my post yesterday but might take that off and wait until the dust settles . You never know with this share .
Ironically it should really be around 1p to get best value for bond conversions and that was where the last placing was . I think the hype took it way over what FG was expecting and I don’t think they are too bothered to see it settle back down. IMHO.

Agreed Dave . They were sells as the bid was above 1.7 at the time

Big delayed sells from Tuesday just printed.

I don’t think I’ve been derogatory to anyone. I told iceman he was talking nonsense this morning and his subsequent posts seem to be taking a different track !
I do have more of an issue with posters saying they know something when they don’t.
I’ll be honest in saying anything can happen next . It’s a bit like ‘ higher or lower’.

I have a small buy order@1.85 and have had a much larger one sitting there for a while @ 1.6. Have traded smaller amounts ( never more than 125k shares)in the 2’s the most recent lot taken out in a stop @2.5 after the JS exit. ( bought at 2.25 average) . Enough to buy us both a stale pint Steve ;)

@shalf
They bought the €10.8m claim off sipiem on a 70/30 split of any proceeds and capped legal fees of I think €30k from memory. I can’t recall what they bought the claim for but they are not overly exposed if it were to come to nothing . That on its own doesn’t mean it will come to something. You can look at it both ways but it is a perfectly reasonable line of thought to say low fees=low result .
Unless of course you ‘know something’ no one else knows , although in this case not the court schedules.
If you were a legal firm and expected a good chance of a full payout why cap your fees at such a low level ( re: your earlier point.)
Respectfully Ltd.

Nobody knows the outcome of the court case. It would make sense for all those who have topped up with a million shares here or half a million there to spend £50 on hiring an online interpreter who would be able in quick time be able to tell you all you need to know on court schedules etc

People think the outcome is likely favourable because they have been drip fed this by a certain poster who is no longer on this board and who was so confident he opened a bottle in anticipation . He didn’t do his research and although he thinks I haven’t a clue I can see orchestrated misinformation being peddled , which is what it has been for years.

In FGs defence they have played the court case by the book and not overly raised or dampened expectations and been honest about the timeline .

Nonsense iceman .

What outstanding investments those turned out to be Momoni !! Forcrowd was a complete debacle (raised €400 out of target of €500,000 in only venture so far), Geosim has been in the doldrums for years and there is a lot of previous history (and debt) tied up with that particular investment, and PBV is a legal newsletter that be better off lighting the fire with on these unusually cold May evenings (except its digital so you can't even do that) ;)