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Correct Dave. Obviously the lower the share price the less attractive it will be to convert and better for QBT . There remains the fact that combined with JS warrants that’s an extra 500m shares potentially in circulation let alone fGs options.

RKB always said FG dislikes placings and abhors warrants . He was also quoted today as saying QBT was about to get into gear. He just omitted to say it was reverse gear!

....who says they are massively odds on?

iPhone: the max CL17 can get is 70% of any award and the next hearing, if it goes ahead , is for presentation of each sides independently sought valuation of the claim.

I think Pegasus sold up quick and their holding was some kind of financial instrument . As I’ve said before this has been played very well by the city boys . It may well go through a similar cycle but despite the name change it’s pretty much the same small office and FG trying to catch up on the paperwork for his numerous companies .

If you’ve followed this company for a long time you’ll know ‘meaningful’ updates are thin on the ground. Basically you can summarise the last few weeks as “what we were doing wasn’t that great so now we are looking at doing something that could potentially, at some point, perhaps make us ( or someone else ) a lot of money , maybe’

The someone else has already doubled his money .

How can you say jS has doubled his interest when he has gone from over 11% to no notifiable interest ??

It’s fine for small investors, like most who post here , to buy and sell on their own agendas .
What is not ok , in my book , is what has just unfolded, blatantly and in full view .
I know lots of posters will want to gloss over what has actually happened and look to a rosy future but JS in the end did not ‘invest’ in CLP. He bought 100m shares @1p and has sold them for an average of around 2p.
CLP don’t have a million in the bank to move things forward .... the overall value of the company is now diluted by an extra 100m shares ...and soon to be diluted by another 300m when eufingest convert at a 100% + profit .

How marvellous for everyone ;)

From my post 29th April:
It’s not out of the question that JS, Spreadex, Pegasus Piruette etc have just played CLP on the back of the crypto bubble simply because there was a company, in miner one , already on the books ( if dormant).

From 1st Feb RnS:
“ The Company is reviewing a proposal received from a third party which could be appointed to run the bitcoin mine on behalf of Miner One Limited, the wholly owned subsidiary of the Company.”

From 22nd Feb:
“ I am very pleased to be able to welcome John Story as a substantial shareholder in Clear Leisure and have direct access to the exciting technologies he has recently invested into, which could be extremely beneficial to our new cryptocurrencies initiatives”

From today :
“ The Company has been informed today by Mr John Story that he no longer has a notifiable interest in the ordinary shares of 0.25 pence each in the Company.”
-ends-

Nice to move limit orders up for a change . Now at 3.25

There will be an RNS tomorrow saying all motions passed and then probably a business update Friday a.m putting more flesh on the bone . That’s the usual , although nothing has ever been entirely usual with this share

In the several years on here gently (mostly) sparing with RKB he has not actually been right very often. He has a detailed knowledge of the company and self proclaimed inside knowledge but a very murky crystal ball .
I gently reminded him to avoid overconfidence before the court case whilst he filled the board with self congratulatory messages about how he had the missing piece of the puzzle and had the case of expensive red ready in anticipation. ( share price now 2p not 4p)
He told me to ‘jog off’ but he’s the one who jogged off . I joined Twitter so as to start a discourse there ( never started)but he soon blocked me before I had made contact, presumably because I said something on here he didn’t like.
I respect his strategy and all opinion is valuable and welcome. But I genuinely don’t think he knows more than anyone else . It’s been a carefully orchestrated strategy for years . Good luck to him , but best question fully what he says . I have often tried but just get slated by his minions as apparently all I want is a low entry price.

It’s not out of the question that JS, Spreadex, Pegasus Piruette etc have just played CLP on the back of the crypto bubble simply because there was a company, in miner one , already on the books ( if dormant).

I think all this will likely reinforce his desire to leave AIM investing behind ...

Is it not more plausible that JS has had second thoughts and he is selling whilst considerably in profit , rather than selling to buy warrants(as suggested by some) ...which would make no financial sense ?

I don’t think it’s JS selling , but to be honest I I have absolutely no idea what is going on . Toss a coin ( just not a Bitcoin )

Seems a friendly price to buy back in ;)

Lol Steve! Maybe C=clever

A+B

“No smoke without fire!

crazy trades:- someone is either buying or selling..... or even transfer from one account to another!

We will all soon find out!

Until then assume everything and risk what you can lose!“

Did you seriously post that Iceman??

What a pile of ........

“From my (limited) knowledge on the topic of quantum computing it is literally the future of everything. “
Oh to have much faith on so little knowledge ;)