Member Info for mcadder

Well with or without that JohnDear poster, we should do very well today

PRIM imo MUST issue an RNS sometime today imo, and not to do so could also land them in trouble as well as the trouble from the clear breach of lock in agreement fiasco!

"For the duration of the lock-in period, Primorus Investments plc agreed not to dispose of ordinary shares in the capital of the Company (save for in limited circumstances (being those referred to in AIM Rule 7) which do not apply to this disposal)."

Pretty clear no loophole there, PRIM have a lot of explaining to do and are in hot water by the sounds of it imo

Here we go guys, strong finish this afternoon..... :))

Now this is more like it - 4.75p paid so far :))

I must be mad but I've just bought some more this morning at 5.1p, hopefully some clarification on the situation soon.

I'm absolutely livid about the RNS from PRIM this morning. They should have been suspended a couple of weeks ago while this is investigated.

I have been assured that the complaint I made to the AIM regulators is being looked into, so hopefully an update soon GLA

So let me get this right - PRIM sell nearly 1M worth of PR1 shares while locked in till Dec 2025, then buy over 300k of their own shares back, presumably with the proceeds of that sale a couple of weeks later??

If true, absolutely shameful! How this has not been suspended yet is beyond me. It's about time they publicly commented on this ongoing situation. Investors are sick and tired of the wild west of AIM and the vagueness and ambiguity of it all!

The more you read this the more you start thinking what the hell were the playing at PRIM?

Were they just hoping it was going to go unnoticed?

Maybe something will come out of their AGM this morning.....

Wow that was some jump back up :))

Any of you that were stupid enough to sell out at today's low have been well and truly robbed......

.....now watch this really rise from here :)))

Very impressive interview..... even with the PRIM shenanigans put to one side while we wait to hear from the regulators on this, the investment case is huge and the US investors know this, hence the massive appetite from them for shares. They probably can't wait for it to officially list in the states :))

Boom time......

Your seriously wondering how they would buy them back? The 42k in their accounts from recent year end reports is irrelevant.

Since then they've just pocketed almost £1M from the on the face of it illegal sale of these shares.

THAT IS THE MONEY THEY WOULD HAVE TO USE TO PUT BACK INTO PR1!!

And wouldn't it be funny if they had to do a placing to raise more money to buy the whole lot back by the time the SP has rocketed back up because people get to find out they have to buy them back and start loading up, causing the SP to shoot up. Now that would be karma !

It's not the FCA in this case that will be investigating and potentially taking disciplinary action, it is the London Stock Exchange which I and many others have directed a complaint to as it's the LSE that enforce rules on the AIM market

It was a very interesting listen, yesterday's podcast from 36mins in, and confirms my view the big squeeze has started.

I have set a very high sell order for my decent holding, watch this start to rocket from next week GLA :))

The relevant part for PR1 is 36mins onwards - sounds like they are of the opinion PRIM should be made to buy the shares back and I agree they most certainly should.

I have also made a formal complaint to the LSE that regulate the AIM market and encourage others to do as well

Short squeeze is about ready to start I reckon gla

Well either way whatever is going on, they won't be able to use my shares to short with so I've set a sell limit of 50p, I hope they get what's coming to them and soon !

Short answer YES

James mentioned in last night's interview that listing over in the US will give them access to funds with "deep pockets"

He is very well connected over there and is the man to do it :))

Just watch the appetite for loading up here grow between now and us listing over in the states, very real risk that many get locked out of these prices before long ....

I said it yesterday and ill say it again - this will be a SWC mk2 with everything going on.

Great contract win this morning already with Halfspace and with a major European Sports rights holder. :))

News flow here is coming thick and fast, no way this can be held back, especially with that fantastic interview posted last night. You can tell from the tone of that interview that there is massive interest in the US for this company already before it is even listed over there which should hopefully be confirmed in next few weeks :))