Member Info for MaxHSpringer

I just got off the phone with Alistair and am very pleased with what he had to say! He is very upbeat about Prim's investments and is in regular contact with Fresho and WeShop Senior management and is "Very Pleased" with WeShop performance and how things are going! He told me that in the first quarter they basically leave their investments to get on with it and an update will be given in the quarterly, possibly something sooner (I gathered) but he is very positive about it all. As for the sale of the 5% of HHDL, a circular has just been put out to the other share holders and as we know, there are only four. AC sees no issue with them letting this go thru. As much as it is in the articles of incorporation, it is seen more as a formality and will keep things clear. He thinks everyone should have come back in a couple of days as it seems that it is a matter of Steve Sanderson and the others replying by email. AC did say that they know the folks over at Solo and the others very well and Prim is an investment company and as much as the market values such businesses on a discounted NAV, the idea is to show performance and a good return on it's investments and see an increase in NAV. I came away from the conversation very happy with his answers and a point I did ask him about is PR and it seems that this will kick off closer to the quarterly and he said that he has to be careful of what he says because it could compromise Prim or could have an effect on the investment(s). So, over all am very happy with this and am happy that he found a few minutes to return my call. I thought, I'd share as this is a normal part of my research! Happy with my investment

CP- to a certain extent, yes! I would've been more concerned had the deal been structured where the �650k would of been shares and �350k cash. However as the deal is mostly cash and has paid off the initial investment in HHDL it should really be seen as a positive IMO! Also for me the fact that PRiM has saved itself an additional �175k in its part of costs for HH, which will not be in commercial production for another year! In this time the money can be invested elsewhere and still bring in a handsome return on multiple fronts. At this point once all the other HHDL share holders sign off, we should be golden.

Thanks Pugs!

SH- yes, there are always profit takers and loss takers too. At this point I think I will just sit back and see how this plays out! IMO if the deal is approved, then this would put Prim in a very enviable position! GLA

I think there might be a big buy order in the back. I can sell all my shares and can buy the �30 I keep for fees, but dunno if they would let me buy anything significant?

I think that the company will try to keep it low key so that Solo shares don't suddenly shoot up! Once deal is completed, then the PR should kick in and a few interviews on Interactive investor and/orvox would be nice!

ShareH- in this case though the difference is that Prim have turned a cash drain on the business into cash an liquid appreciating assets, recovered initial investment and still have half the initial asset holding (now funded and de-risked)! This should do well when we get RNs confirming all has been approved and gone through! GLA!

Looks like people are having a lay in due to the snow! There might be a spike in birth come December! It was chilli last night, lol

I would imagine that the next RNs will be that everyone involved has approved the transaction (don't see why not) but besides this what is the next realistic piece of news Prim are expecting?

The way I see it Prim have recouped their initial investment plus a bit of cash and have retained exposure through a liquid share while still having half their initial HHDL holding as a free ride- love it! I hope as you say that the money is spent wisely!

So the question is how will the market see Prim getting over 21% of MCAP is cash liquid stock in addition to positive exposure with little down side? Hmmmm

So, if the remaining 5% is sold or not and the value goes up. It would be a debt free appreciating asset without lifting a finger!

Here is a thought that might get your juices into overdrive tonight! Prim have sold 5% of HhDL for a �700k profit. However, if HH goes well the value and price tag will go up significantly/ just a thought as I look out the window and try to figure out how to get the last 10 days VWAP! This is very exciting but watch me sleep in and miss the fireworks, lol!

Does anyone know what the VWAP for solo is over the last 10 days. The share price seems to have gone down over last few days, but can't see the historical VWAP, but if I had to guess it would be closer to 5p! Is there a site I can access to view it?

AJ- exactly! The thing is Prim have recovered their initial investment+ abit of cash + the shares and now ha a free ride to boot! Couldn't ask for a better deal IMO! I wish all my investments went that way! Hahahaha

RKB- the decision to sell 5% of HHDL is a really good deal for us. I totally agree. At this point Prim have recovered their initial investment +�50k + �350k in Solo Shares and still retain 5%= A brilliant top slice and still has upside exposure thru Solo. The only investors who make money in AIM are those who know when to take back initial investment + a profit to show for it and still have a free ride! This is a good plan!!!! At this point it doesn't matter what happens at HHDL Prim have recovered initial investment and have something to show for it! Well done!

Ponf- am glad to hear that you are a lth that believes and trust their research and investment. That is reassuring TY!

Ponf- slowly slowly- catch a monkey! I like the fact that Prim has money in the bank, has multiple good investments and a BOD who are not taking the mick (wage wise)! The company doesn't need much to keep the lights on and based on what I have read it would be less than �100k/yr so no fund raising anytime soon (as far as I can see). There is also the fact that the share price is really undervalued at the moment and IMO we could be looking at the beginning of a re-rate once HH testing kicks off. If I missed something please educate me as I am new here and have done my research but it looks good to me for a micro cap!

Ponf- I don't know what your situation is or what your average is. I find that when I am down and in this case the share price is closer to the year low. So, for me it is a good opportunity to top up and bring down averages.

Corporate have the money to buy back some of the shares and keep them in the treasury for a later date!