RE: Further dilution upcoming13 Apr 2023 18:49
where we are ATM,
the last trance is the 28th this month, then brad can start to give us better news
IMO, but don't hold me to it'' as nothing is a given in these savage Market
as i also thought prospectus on new business plan would be here already
after the 5th trance, as was written. but perhaps i read it wrong, and he did say from 5th trance onward's
he will start the process ? but no time frame was given
taken from the last trading update
On 28 January, the fifth payments due under the CVA were made as scheduled, on 28 February 2023, the sixth payments due under the CVA were made as scheduled, and final payments of £65,000 shall be made in April at which time the Company can begin the process of issuing as scheduled. A final payment of £15,000 is due under the CVA on 28 April 2023 at which time the Company can begin the process of issuing the 1,674,130,609 shares to the unsecured creditors thereby meeting all its obligations under the CVA, and the CVA will then be closed.
I'm JUST SITTING ON HANDS ATM
with nothing much to say until conclusion
BUT AT LEAST WE ARE TRADING
that's the main thing after 3 years, and our big investor is getting them trances
to keep him happy, for an up to £50m investment when it's all over
but for now all we will see is up down and side way movement
as we wait some more, and trade some more
ATB