Member Info for mytton

The chairman was dumping shares at £18 in July.

Interesting, but...
"In 2019, we expect the company to raise a further $6.0m in equity, following on from the ca.$2.178m raised so far in 2019, with an additional $5.0m at the beginning of 2021. We estimate that equity financing will amount to $5.0m, reaching $11.0m by end-2021, with additional debt financing of $55.0m."

Some Bank Holiday reading. dyor
http://www.sifferkoll.se/sifferkoll/is-industrial-heat-a-4-billion-balloon-about-to-explode-will-cherokeedarden-use-chapter-11-again-to-save-their-asses-having-woodford-taking-the-blow/

oh! that is a uk co - it's the right one as the director is T Darden.
Go on Companies House (free to search) just look at the last accounts / balance sheet filed 3 oct 2018 for y/e 31.12.17.
Note the filing date was after the wpct rns of 21.9.18 which revalued the IH holding upwards by 357%.

The S.West Street address looks 'interesting' on street view- a small 'lock up' maybe.
That phone number you give is shared with Cherokee Newport Beach LLC and 'Cherokee ' investment company.
So IH doesn't even have its own telephone number?

The increased valuation of IH and resulting NAV increase to 99p of wpct in the 21 Sept 2018 RNS following the upward revaluation of its holding in IH by 357% is the torpedo which will sink Wpct.
Wpct was subsequently the most widely bought trust in July 2019 on the Interactive Investor platform.
Anyone buying wpct after the rns of 21.9.18 should claim compensation as the NAV is based partly on the spurious valuation of IH.

I meant to say- they did make a loss in y/e 31.12.18. It was a smaller loss than the previous year but a loss of £849,000

err, thrash, they did make a loss in y/e 32.12.18. It was a smaller loss than the previous year but a los of 848,000

Ind Heat has no website and apparently no factory/research facility that I could find. Its address is an office at 111 East Hargett Street Suite 300 Raleigh, NC 27601  - also the address of Cherokee, the co of Tom Darden, director of IH.
According to E-cat world 21.9.18:
"Industrial Heat has been providing funding to other researchers working in the LENR field. As far as I know there is no published document available listing exactly who Industrial Heat is supporting in the LENR field. "
Does anyone know if IH has factory/research premises or who its research partners are?
How does Woodford justify the increased valuation of IH in Sept 2018?

ellen's posts removed - maybe went too far stating fr a u d. That is for each of us to judge - easy enough to google , just dont mix up the various sheihks.

woodstock - maybe u replied to someone whose post was removed and the whole thread was deleted including replies

1750mk1 - please change your name to 3750 !

Jimmyr
Whay is the present position re OPL310 ?

How did a so called professional end up taking huge positions in illiquid stocks which cannot be sold without trashing the SP? It's difficult enough for the average PI to sell a couple of £'000 holding in a small cap.
Also, it's a recipe for disaster to borrow short term and lend long term in banking. Woody is in a similar situation with short term borrowings and stocks that cannot be quickly sold without value destruction.

1750 apparently

lse not updating prices since 11am - what is actual SP?

Maybe they are not all worthless but many are illiquid to say the least. Actual disposal price may be at significant discount.
Compare to overdraft repayable within one year - how much is that now? It was £149m in last accounts!!

IH cold fusion not working?
ESL suspended - does woody still hold 22.8% ?

doughty
thats a different sheihk

Catiche:
Viva Aviva!