Member Info for Moreforus

Yes ...and it's not an insignificant amount too.... However you want to spin it receiving 4 mill quid and paying off 4 mill quid of debt is not bad news...... 2 - 2 = 0 not minus 47! However here the nav is 7.2 mill gbp the market cap is 1.8 mill gbp..... Less debt will not change the nav but it will significantly improve the debt loading ....

its all there.... the payment will take care of most the debt and then there is another 4 mill gbp worth of plant for sale....

interest after CLEE (Peter Redmond 3LEGs investment consultant) has been suspended pending an rto to be listed on aim!

Hi Knigelk yep... chasing cos with no chance of paying their debts! so we will do well once they receive the cash and it looks like the announcement was that the cash was coming...why say it otherwise??

it has nothing to do with the payment to IPSA as they havent made it yet...however yes of course its 3 or 4 positive things happening for RUR...however they OWE IPSA money - ie fact they have now said they will pay this month an amount 2.5 times the market cap of IPSA has not been recognized here as te price is 1% higher than before the news! the cash could come today..tomorrow in 3 weeks but they are expecting to make the payment this month......

red to blue ...and heading up again IPSA still off radar

lol jedi - you truly have the power of the Force to command.... still its silly here..... the cash coming in although doesn't clear all of IPSAs debts reduces them massively and the risks associated....plus they have another 4 mill gbp asset for sale

thats because those are buys on sets... same with every sets stock - the mid price is set by the last AT UT trade..... the only non AT trade so far today is s a dump and im sure you can buy well under the offer

lol i think adding slowly is possibly a better strategy...mms could charge 15p for size with "best" execution... better still put in a limit order to buy

CLEE PIRI AVP 3LEG... outspan 4 Mar'15 - 08:31 - 2964 of 2965 1 0 Redmond-linked CLEE suspended this morning I see, pending the potential acquisition/reverse into a satellite company which, of course, was always the intention of raising money and coming to market at the end of last year. So what now of sister company and Redmond-run MITH? Both created by the same teams, listed on the MAIN market as shells after raising about £3m each, specifically to hunt for a reverse. CLEE given a technical brief, MITH a resource brief. European Lithium perhaps?

tomboyb 3 Mar'15 - 16:08 - 493942 of 493942 1 0 ECV - Nigel Wray held a decent chunk of this company prior to it becoming a shell - Was not a bad buisness at all but a combination or really bad markets, competition and debt laid it into administration - Wray holds 205 of this shell -

but cant buy more than 5k......

anyone has ever bought is 1.55 so paying 1.65..1.75 or even 2p is cheap once that cash arrives debt will drop to just 850k gbp with 4 mill of plant still for sale....

last time PIRI bounced here it was 0.08p in 4 days...!! [IMG]http://i59.tinypic.com/2mwt4et.png[/IMG]

youd think but this is Opposites land where up is down

just another 15 mill shares to go....!

.....3.2 mill gbp will pay off 4.4 mill euros of 5.6 mill euros leaving 1.2 mill euros or 850k gbp owed vs a 4 mill gbp asset net asset value here is over 7p....

the offer is misleading

back to waiting then! interestingly because the debt is in euro and the asset sale is gbp IPSA are doing well out of the delayed payment Giant Steps 3 Mar'15 - 07:38 - 698 of 699 1 0 Yes vyke82, IPSA have debts to repay 3 million euros on or before 21 November 2014 and a further sum of 2.6 million euros in cash or equivalent value by 30 September 2015. Reminder : http://www.investegate.co.uk/ipsa-group-plc--ipsa-/rns/settlement-of-dispute-with-turbocare-s-p-a-/201410291230025919V/ moreforus 3 Mar'15 - 07:57 - 699 of 699 0 0 edit IPSA 3.2 mill gbp = 4.4 mill euro debt is in euro asset sale is in gbp

N deal..... They now have someone who can sell their stuff to councils across the UK..... it's w good move (and the stock surged to 0.70 or more on the RNs ) but then the seller came and destroyed the price ...now the price is 10% of what it was then!!!'