Member Info for mafioso

At-the-Market Facility

The Company's entry into the At-the-Market Facility was a condition precedent to the drawdown of any funds under the Funding Facility and this condition has now been satisfied. The Company is pleased to announce that trading activity of the At-the-Market Facility has been in line with expectations. Axis currently holds no Ordinary Shares.

Application has been made to London Stock Exchange plc ("London Stock Exchange") for the admission of 2,500,000 Ordinary Shares to be admitted to trading on the main market for listed securities of the London Stock Exchange in connection with the At-the-Market Facility ("Admission").

2,500,000 Ordinary Shares will be issued to Axis at par value, in connection with the At-the-Market Facility ("ATM Shares"). The ATM Shares are equal to 8% of the Company's issued Ordinary Share capital. When issued, the ATM Shares will be fully paid and will rank pari passu in all respects with each other and with the existing Ordinary Shares of the Company.

Admission of the ATM Shares is expected to occur on or around 9 March 2026.

Total voting rights

Following Admission, the Company's issued ordinary share capital will comprise 33,032,930 Ordinary Shares, each carrying one vote.

So are we @ 33m shares now pre rto ? And is the dilution now down until rto event?

Cash burn at £225k/mth and actively been managed down. Beauty of having a CEO /CFO leading looking at both business strategy and balance sheet. Get 2 for price of 1.

Revenues for H2 looking at upper end of the revised expectations with new contracts across all 3 keys mkts, US, UK, Asia and still 6 weeks left before full year reporting ot improve EBITDA further

Cash was £1.65m as @ end of Nov so still decent headroom here to generate revenue into next financial year and see what P&L looks like.

All looks very promising here to me….GLA

Interim results due in next couple of weeks so we will have that as a min this month

Would be nice

For that u need a solid news catalyst for company then to continue to press on social media platforms.

Company already has sentiment at all time low , so going on SM right now and spitting speculative comments on company porpsects or future potential won’t work here . Further Patience needed and it’s still a binary play

Lots of short attacks across AIM this past week. Must be the time of year.

Holidau season, low liquidity, boredom….

The only plausible explanation for this increase in shorts recently is maybe linked to the proposed move to Main Market from AIM which potentially may be completed by year end.

I think one of the consequences of doing this is that some of the fund managers who are in this for AIM IHT purposes may be required to liquidate their position upon transfer to main market as they lose this benefit . Perhaps the shorts are taking advantage of this mechanism of enforced selling by some of these fund managers as a consequence of the move event ?

Else it doesn’t make sense how the broker targets which are based on business fundamentals are so at odds with increased shorting levels

Short postions being taken seem to be in total conflict with all the recent broker ratings which have unanimous BUY rating. And target prices in excess of 50% from here.

Something has to give here here soon….

Yesterdays RNS and subsequent creative trading possibly answers those 2 observations…..

Looks like bottoms in.

Onwards and upwards to earnings update

Quiet anticipation….

GLA

Give it 3 mths

Roadshows in

Uk (London - mid Mar) have been followed by 3 new contract announcements with new client plus a contract extension in space of 6 weeks. Total value just under £400k. Potential more in pipeline and under discussion

US (Washington - end of May / Boston - mid June)

Arguably largest target mkt and US luv tech and AI. Cud be toughest mkt to crack but if they do volume and value contracts will be multiple more than UK.

EU ( Greece - early June)

Possibly second largest target mkt for PYC and offering further and greater growth potential over and above UK.

Next 2-3 mths represents a very exciting period for the company both in terms of potential news flow and new contracts and expectations shud increase if the UK roadshow is anything to go by

GLA

Outside of key reporting events not much else comes out from this BoD, so not much to work with here for added momentum.

Next scheduled update not till July. Zzz…..

Last trading day….

From RNS on Wed 15 Jan

Quote

The Company remains in discussion with potential investors and will make further announcements in due course, as appropriate

Note - they chose to use the word “will” rather than “may”.

So how late in the day are they going to choose to make another announcment i wonder

Seem to recall a 250m buy here @ 2p a few days ago and some how the MMs manage to absorb this without movement to sp. Not quite a TR1 on it’s owns but someone interested nonetheless less

REDX delisted and went private for similar reasons on lack of adequate Uk investment and ridiculous broker costs to stay listed on LSE and there were directors buys and TR1s buys announced in the days and weeks up to delisting. I think they had plans to relist on US.

So far DNB fund and Cantor Fitzgerald Europe who are qualified TR1s both have well over 500m shares each here and have seemingly done nothing.

REDX btw multibagged last few sessions

Donald & Elon take office. Major cause for celebration here…..

Hi all,

I’m leading a shareholder proposal to change strategic direction here with main aim of stopping the cash dwindle, growing current cash through independent investment strategy led by shareholders and giving shareholder liquidity in a more defined timescale

I’m leading this from within a Telgram group of shareholders and have gained 47% vote support so far for proposals that were submitted to the board end of last month. This was following a series of discussions I and TR1s have been having with the the BOD since December.

If you wish to be involved or know more, you can DM on Telegram searching for username @mafioso71.

Alternatively u can email me.

email address is my full name separated by a dot and usual gmail account suffix

Cheers

Marco Schezzini

Another drawdown will be required in March unless new deals are announced and revenues markedly up