Member Info for news

@21.38

"Facts-
Risk of de-list if no Nomad.
Risk of her not buying in.
Poor history and recently consolidated.
Its cheap.
Extremely low MCAP to potential - ratio, bagger potential here is quite significant.

Earlier,"you have people ramping about past success of a woman and how much her family pocketed in the past."

Answer:

1) As for the nomad it has been explained. If finnCap had resigned on their own, its a different matter. In this case, they had to resigned due to conflict of interest as Vin Murria is on the board of finnCap.

A/c to the rules, IMTK does NOT just get delisted just like that. A/c to the AIM rules, there is a period a nomad has to come on board and the co has said that they are talking to nomads [para phrased]. If there is NO nomad at the end of this grace period, then the co goes into suspension and again it starts another period. It does NOT get delisted just like that. I have posted the article about 8 co*s delisted due to nomads themselves resigning due to high risk co*s.

So, let*s put the picture correctly a/c to the rules as it does affect investors who may think a co get delisted straight away when that is NOT the case.

RISK OF HER NOT BUYING IN
Answer: I tend to do quite a scaling in of research and due diligence. I have just found out that Vin Murri in Feb 2018 declared her holding of IMTK shares at 1.34% holding ie 3 million shares. There was an IMTK Form 8.3 RNS on this.
We now learn from 4-Traders courtesy of Jarv55*s link that Ms Murria now has 4 million shares. She may have bought more but we dont have the up to the moment info at 28 July 2018 ie today. So suffice, her 4 million shares = 1.78% per 4 Traders link.

She doesnt seem to do unsteady things [C.V] like buying into a stock and then deciding not to buy. She wants a controlling stake per 26 July 2018 RNS. She bought in Feb 2018 and has slowly scaled in. IMTK has RNS*ed her request. In the RNS, it was said that they need clearance due to the rules as she does not want to take the co over.
So, that request has to be cleared and then she has to be checked out as well which is norm. Her C.V comes into play with the regulatory authorities then.

POOR HISTORY AND RECENTLY CONSOLIDATED
Not sure how this is going to impact on the co as it is contradicted by Extremely MCAP to potential etc as above.

PAST SUCCESS OF A WOMAN AND HOW MUCH HER FAMILY HAS POCKETED IN THE PAST. Absolute jokers.
Answer: On the entry of Mr Forrester as the incoming CEO, the share price was 4.75p.
Only on the RNS of Vin Murria coming in, the market maker literally shut the door to online buying as said. The price went up to 8p on Fri,27 July 2018 [2nd day after Murria RNS]. On the said Fri, it was NOT 8p except towards the end part of the day. So, it is obvious, it is the Murria effect?

There is NO point entering a stock WITHOUT knowing Vin Murria*s corporate history.

All the discussions are to ignore her corporate public listed co history. Why? I

@20:01

Answer: No ONE managed to buy IMTK except on 26 July 2018 when the RNS came out. Few people knew about Vin Murria. It was only on Fri, 27 July 2018 most people got to know as it was on the Official London Stock Exchange AIM Top Risers No:1. This meant that people like Zak Mir on Twitter posted the Top AIM Risers. Justin Waite of Share Pickers also picked up on it. So, it is NOT correct to say that people are running off. The only people who could have sold were the old investors PRIOR to Vin Murria RNS.

Kindly note that the Mkt Cap of IMTK at £2.66m at 8.05p is NOT ... as you suggest. David Lenigas took over a shell but he had to do a lot of cleaning up of the co called Zest. It started at £1m+. However, by the time people became aware of Lenigas entering he co, it also went up like this. So it cannot be said it is trying to get people in. Prior to Vin Murria entering the share price was already 4.75p on the news that Angus Forrester was going to be the new CEO of IMTK. REM plc went to nearly £95 million mkt cap [David Lenigas shell Zest]. No one would have lost if they bought even after it was known that David Lenigas had gone into Zest at say £2m. Even today, the co is not £2m mkt cap. It is considered a shell mkt cap.

The risk is made known and discussed relating to the nomad in that finnCap did not resign themselves but had to due to conflict of interests per the RNS since Vin Murria sits on their "board." So, there is clarity. Vox market has a podcast and it says the same thing about Vin Murria*s C.V so its not me. However, I am posting due to no one doing it which is now on Twitter.

When you mentioned repeat of news from 1971, your link given to Companies House of Vin Murria*s private co stated that her date of birth is 1962. So in 1971, Vin Murria was 9 YEARS OLD!!! So, it is impossible that I or anyone in the press mentioned 1971.

Vin Murria is listed in "100 TECH RICH LIST 41-60." Google this title to read. Vin and her family are listed under No 47 of the Top 100 Rich Tech List. This list ONLY states her Advanced Computer Software listed AIM co as her listing together with Softcat stated as "another highly regarded tech firm." It was stated she has 20 yrs experience in tech.

Sir, it is not me but that is the public record. I cant be quoting 1971 as you say since Vin was 9 yrs old. She started Advanced Computer Software in 2008 and sold it for £725m in 2014 [also stated in the said Tech 100 rich list]. Prior to then she was CEO of Kewill plc another billion+dollar co.

END OF THE DAY
As and when Vin Muria takes a controlling stake in IMTK, then the co will become high profile given her C.V.
No one needs to convince anyone. There is a shortage of stock hence the Market Maker had to pay more to get people to sell. No one is going to profit here as anyone entering on the day of the RNS had to pay more already to factor in the Vin Murria news.

With that, good day.

"Global Innovation Management Market is Forseen to Grow at CAGR of +28% during forecast period 2018-2023, TOP KEY PLAYERS- Qmarkets, BrightIdea Inc, IMAGINATIK Plc, Hype Innovation and others."- Technology Blog, 1 wk ago.

Comment:
A growing mkt. With that, happy investing.
Sat, 28 July 2018.

@19:01

"Imaginatik appoints Angus Forrestor as CEO."-Shares Magazine, 10 July 2018
"Imaginatik share price was 4.75p." Please Google to read.

As stated, I would not have to post if the rest of the full Official record was published.
I am not sure why 1971 is quoted when Vin Murria started Advanced Computer Software in 2008 and listed at £32m and sold in 2014 at £725 million to Vista.

The Market Makers kept the price all day on Fri, 27 July 2018 by not selling stock given that normal market size is only 3,000. In the end, toward the end of Fri, 27 July 2018, they raised the price if people insisted on buying via paying more to sellers. So, when one buys at 8p or less, it is the MKT CAP THAT IS IMPORTANT, not the share price. As everyone says, it is up to everyone what they want to pay or not. There is NO need to enter.

At least,, come Mon, 30 July 2018 people will have the FULL OFFICIAL RECORD rather than a skewed repeated quote on Vin Murria*s inactive private co given she was busy running public listed co*s as stated. It called balance and official facts. No one can sell themselves on London South East. Everyone has a Virtual name so no amount of so called "selling oneself" is of any use. No need to sell oneself as one*s history on London South East is public. Certainly, I dont need more publicity on London South East.

From the Xodus CPR from Oil and Gas News already posted, it is was stated stated that the Kimmeridge CPR will be updated once the tests are over. The Broadford Bridge Assessment has been RNS*ed on 27 Dec 2018 and that gives clear details of moveable oil, natural fractures, TOC of 30 which is x times more than Horse Hill. The Lidsey Assessment [Bognor Regis] has also been published. Lenigas mentioned Bognor Reg

Magellan Petroleum has done a Re-Evauation of the Weald Basin. Chris Pullan, Consultant Geologist to Magellan has been interviewed by Share Talk this year [2018]. It is very detailed and explains why the big oil missed the Kimmeridge etc by not looking in detail. Magallen has re-assessed the data and Chris Pullan gives the details.

The Portland Conventional at Horse Hill is undergoing EWT and it has to comply with all the tests eg shut-in and pressure measured etc. So, it is not about OPENING the tap full and proving how much it can flow = commercial.
That would NOT meet the technical definition of EWT. The UK onshore Conventional is well known with the Main Play to come.

David Lenigas, Founder of UKOG plc said that majors want projects to be de-risked. It is common knowledge.

Next week, UKOG changes from an investment co on AIM to an Operator Status. Xodus CPR said for that reason the CPR of Apr 2018 was prepared to fulfill the new status. Xodus also said that UKOG has a Growth Strategy and Plans.
What they are have not been released.

It is clear that UKOG plc holds a large acreage in the Weald eg Horse Hill, Broadford Bridge [3 times larger than Horse Hill] and Holmwood via a stake etc.

From the article: What co*s are looking for in the Weald, UKOG and Cuadrilla [Balcombe] was mentioned. The Weald Kimmeridge is said to have similarities with BAKKEN of USA which has billions of barrels in place [3 figures]. UKOG may also test the Lias and Oxford in the Weald, again, the article said that this has similarities with EAGLE FORD in Texas, USA.

The French billionaires still hold a stake in UKOG plc as per Co*s House record show. Magellan still hold a major stake in Horse Hill and Total is invested in Magellan , now re-named Tellurian.

So, the definitive lies in the "Natural Fractures" and this data would be in the hands of Angus Energy who drilled the Horse Hill well, commissioned by Magellan. Caudrilla would also have this info via their Balcombe well & on their website they said "natural fractures." Schlumberger and Nutech advised and gave no*s which Xodus in their CPR acknowledged their work. Nutech are reservoir specialists and on their website, they said they have experience in the many major plays in the USA. Their clients are majors.

END OF THE DAY- If the Bakken produced a lot of the USA oil and Eagle Ford USA, then can the Weald not also be productive? So many geo*s eyes are on Horse Hill - Chris Pullan, Angus Chief Geo, Angus Reservoir Specialist, Nutech NED on UKOG*s board.

on Fri, 27 July 2018. On Twitter, Muria*s Full C.V as posted here has been widely published with screen shots. This will be her public listed co*s and a Chronological C.V from both Linkedin etc and public records. No one is posting about her private co as on this forum. So the news is now out on Twitter and on the London Stock Exchange AIM Official site that IMTK was No 1 of the AIM Top Risers. Since the news has now gone out ie Advanced Software was founded by Vin Murria in 2008 which was listed at £32 million and sold in 2014 for £724 million and the previous record of selling to HG Capital for £91m and then merged with another co and re-sold for £500m 4 wks later is now wide spread.

Solg started at a £8m mkt cap without even the environmental permit and no drilling at Cascabel yet. Solgold went on to £700m mkt cap but currently at the £400m mark. So one can see that shell co*s are not often at £2.66 million [IMTK @8.05p on Fri, 27 July 2018]?

@17:00
Ref: Advanced Computer Software Group 2013 Annual Report -Google title to read.
"Page 23-DIRECTORS REPORT"
"Directors & their Interest: VIN MURRIA, Chief Executive Officer 36,550,867 million shares 2013 {36,050,867 in 2012 Ordinary shares]."

Comment:
In 2014 the co was sold to Vista for over £725 million. So, the above is Vin Murria*s declared holding in the co. From the article, "Advanced Computer Software agrees to £725million takeover by Vista"- The Telegraph, 25 Nov 2014, it is stated that the final offer was £1.40 per share from Vista.

So, Vin Murria*s 36.5 million shares in Advanced Computer Software would be OVER £50.4 MILLION [36.5 million shares x £1.40]

Vin Murria and her family pocketed £101.2 million - it is not correct to suppose that she has 10 family members and so she got £10 million. The official record shows she got OVER £50.4 million in her own right. This does not include her stating that she made a lot of money from Kewill of which she was CEO. No one knows how many family members she has or how many shares they have so that is conjecture?

As for her private co that is being quoted, Share Prophets posted the IMTK RNS and said its her "VEHICLE" not her trading co. Vehicle usually means a registered co to use for corporate move. So, Vin Murria starts from the DAY she enters IMTK for a "controlling" stake as per IMTK RNS 26 July 2018.

Major shareholders of IMTK
www.youinvest.co.uk/marketresearch/LSE:IMTK?tab=6

1) Matthew Jonathan Cooper, 52 million shares =23.6%.
2)Cannacord Genuity Group of Canada 43 million shares= 19.38%
3)Paul & Ann Hill 38 million shares =16.97%

From Bloomberg Corporate Profile, Matthew Jonathan Cooper was the Founder of Capital One Bank.
Paul Hill [Ref: Paul Hill-The Trust for Public Land]. Paul Hill retired in 2002 after 36 yrs in law and consulting in South Eastern USA. Worked in a major Atlanta firm, Paul helped re-write Georgian Security Law etc.

Comment:
The AJ Bell link as above does not give a date of the info. However, it is interesting who were or still are major holders in IMTK. From the last few IMTK RNS, Cannacord no longer owns 19.38% although still major holder.

As for Vin Murria, in the earlier link given, she owned 1.78% shares in IMTK @ 4 million shares. Again, she may have bought more on the open market since then. One does not need to declare a holding in any stock until it reaches 3%. So, Vin Murria has been a shareholder of IMTK prior to the IMTK RNS that she want to buy a "controlling stake" dated 26 July 2018. It is interesting that she was already a holder. Mr Forrester, the incoming CEO is from tech as well.

I found it interesting that the holders are/were significant corporate figures although this list may not be up to the minute. Cant find the up to the minute holders yet.

@14:38

"AIM shrinks as Nomads continue to drop high-risk clients."-Uhy.uk, 24 July 2017

"14 more AIM co*s unable to find Nomads. 14 out of 82 co*s left AIM last year because their NORMADS R E S I G N E D. The London Stock Market can levy significant fines against Nomads if they or the co*s they advise break any of AIM*s rules."

Comment:
Note the DIFFERENCE between "NORMAD*S RESIGNED" as above. In the case of IMTK, a/c to the RNS as quoted on this thread, finnCap DID NOT RESIGN in the normal sense voluntarily and therefore, IMTK is WITHOUT a nomad.
FinnCap is forced to resign as Vin Murria is on the "board" of FinnCap etc and therefore, FinnCap has to step down "regarding conflict of interests" per the said RNS quoted by the 14:38 post. IMHO. DYOR.

P.S. So this time round, at IMTK, this co has a mkt cap of £2.66m at 8.05p [30million shares in issue] on Fri, 28 July 2018 vs £32 million when Computer Software Group [CSG] was listed on AIM in 2008. Sorry I left out listed as that was from an article. Please check.

"Software Supremo:Vin Murria"-Growth business.co.uk<br />https://twitter.com/Andy47640/status/1022915680964935681<br /><br />Vin Murria: " I was very fortunate that I made a lot of money at Kewill and Computer Software Group....The AIM co has gone from 0 to close to £100million in the space of 2 YEARS. I am good at taking something that has sales of £2.5million and making it a £500 million BUSINESS."<br /><br />Comment: From the Telegraph article earlier, Vin Murria*s AIM co [CSG] started in 2008 at £32million cap and sold in 2014 for £724 million to a US private equity group [VISTA]. The £100 million mentioned in the article above appears to mean revenue.<br /><br />IMTK <br />8.05p, Mkt Cap £2.66 million, Shares in Issue 30m. NMS 3,000 [Fri, 27 July 2018] Vin Murria IMTK RNS, 26 July 2018.<br />"1/2 year Report RNS on 7 Dec 2017- Recognised Revenue £1.73 million {2016 £1.84m}" - Last a/cs.<br /><br />Comment:<br />So, IMTK*s mkt cap of £2.66m versus £32 million for Computer Software Group in 2008 on AIM and sold for £724m in 2014.<br /><br />Murria in the interview with Growth Business said she is good at taking a business from £2.5 million revenue to £500million Business. So IMTK* revenue of £1.7 million would fall into that category region.

From Jarv55 link with thanks at 13:25
From 4-traders:
"HOLDINGS OF VIN MURRIA MBA"
-Sophos Plc 50,000 shares at £421k
-Softcat Plc 295,397 shares at £2.987 million -0.15%
-IMTK plc 4 million shares at £58.56k - 1.78%

Comment: Vin Murria was a shareholder already from the link by Jarv55 prior to the IMTK 26 July 2018 RNS relating to Vin Murria. Since it was 1.78%, it was needed under the 3% rule.

https://twitter.com/SharePickers/status/1022564025530556416

Some highlights:
1)Vin Murria is thought to have taken a 10% stake in FinnCapp.
2)When Vin Murria exited Kewill Systems after 15 yrs in Mar 2000, it had a mkt cap of $1.8bn.
3)Advance Computer Software was named Tech Co of the Year 2014 and grown to be 3RD LARGEST UK headquartered Software business.

4)Zoopla [Murria-Non-Executive Director] was taken over by US equity group for $3 billion.
5)Softcat [Murria-Non-Executive Director] Mkt Cap £1.5 bn
6)Sophos [Murria-currently Non-Executive]- FT250 co Mkt Cap £2.1 bn

Courtesy of Sharepickers. He did the rest of the C.V. on her previous roles as Non-Executive Director which were acquired.

So, it is now widely known on Twitter.

@10:22am, Sat 28 July 2018

Answer:
The link to Companies House of Vin Murria is a private co under the classification Management Consultancy.She has no other names. The other 2 names are the previous co names which are again private co*s. Since she is a Non-Executive Director of publicly listed co*s like Sophos, Softcat etc, the private co may be to put through her fees only since it is not registered to be a tech co.

From Vin Murria C.V on Linkedin which is backed up by public records via press etc, it is obvious that she has not been active in the technology business via her own LISTED CO via AIM etc. Her Linkedin C.V on open file says Venture Capital etc. So it is obvious this is the first public listed co that she is taking a stake in ie AIM IMTK. The listed co*s that Vin Murria was involved in were taken over so she may have substantial funds and has taken a back seat in direct corporate life for a while.

From observation of high profile entrepreneurs entering AIM in general, the share price does not remain at the pre-entry price once it becomes public knowledge. IMTK wanted to sell the co earlier from what I understand but later decided to draw back. Then, comes this development of Vin Murria.

From the share price movement on Fri, 2nd day after the RNS came out, it was very difficult to buy and only at almost the close, the market ticked it up if people still wanted to buy. Even then, the mkt cap ended at £2m+ at 8p area.

In practice and observation, unless investors want to sell, stock appears tight with 30m in issue. This appears to be considered a low issuance.

In highly sought after high profile stocks, it may or may not be possible to buy at lower mkt cap and share price. No one needs to buy if they feel that £2m+ is too much to pay for the potential entry of Vin Murria.

The full details have been posted earlier.

P.S. Ran out of space. The full link https://twitter.com/DavidLenigas/status/1002063748328394324 dated 21 July 2018
Click the link given to the article of a full interview with Chris Pullan, Consultant Geologist to Magellan Petroleum Inc of the USA who own a major stake in Horse Hill. I am sure Chris Pullan will have the more detailed TECHNICAL DATA from the Magallan Re-Evaluation of the Weald Basin and in particular Horse Hill. Magellan commissioned Angus to drill the Horse Hill well. Angus then had to look for investors to meet the other financial funding needed and that was how David Lenigas of UKOG plc agreed to fund it etc. Pistorius approached RGM but they did not want to fund the drill. The story of Horse Hill Development Ltd and its partners are common knowledge.

Ref: "I am sure you will recall how we went about drilling in the Weald back in the 80*s"

Answer:
"We take a look at the Weald Basin in South East England."-Sharetalk, June 14, 2018. Its an interview with Chris Pullan, Consultant to Magellan Petroleum USA.

In essence, Magallan Petroleum, a major stakeholder of Horse Hill has done a Re-Evaluation of the Weald.
From the article as above via Chris Pullan, Geologist and Consultant to Magellan Petroleum USA [now Tellurian Inc]

"HORSE HILL, one of the most talked about DISCOVERIES IN THE UK for decades- NOT JUST BY I N D U S T R Y...."

"More than 70% of the wells in the Weald Basin most of which were drilled between 1960*s and early 80 have encounted hydrocarbon shows. There was evidence of hydrocarbons at several levels, so why were they NOT followed up PROPERLY until NOW? ...but mostly I think we just didnt LOOK HARD ENOUGH AT THE RESULTS."
...but also a NEW UNEXPLORED play, the interbedded and stacked KIMMERIDGIAN LIMESTONES."

"However, seismic reprocessing suggested the well was offstructure, on the downthrow side of the major bounding fault. By 2013, MAGELLAN was ready to drill a new well on the upthrown side of fault." [Ref: Horse Hill]

"Earlier this year, VERY SUCCESSFUL FLOW TESTING was carried out on these horizons and LIGHT SWEET OIL was produced from BOTH reservoirs at HIGH RATES. This is particularly exciting, as it indicates that the KIMMERIDGE micrites are NATURALLY FRACTURED."

"Along with the new vintrinite reflectance data, the test results have RE-DEFINED the limit of the MATURITY of the KIMMERIDGE SOURCE, suggesting that it is MATURE over a GREATER AREA than previously expected, possibly up to the Northern bounding fault, thus considerably Expanding the OVERALL POTENTIAL OF THE BASIN."

Comment:
The article also talks of gas and the whole article is from Chris Pullan. Mr Pullan also talks of Conoco and as we know Balcombe is awaiting for Angus to flow test.

Note that from the article, the INDUSTRY is aware and from the article there are many details from the Magellan re-evaluation that is too long to post.

As for value and the no of barrels needed to justify the mkt cap of UKOG, it has been posted before:
1) Sanderson said in a recent interview that the Kimmeridge is not reflected in the share price.
2) Xodus Apr 2018 CPR also said so pertaining to Horse Hill and Broadford Bridge from recall as I posted it earlier.
This is referring to the Kimmeridge and Xodus has taken note of Schlumberger and Nutech*s work.
Xodus said that it would be in the New CPR to come.
3) First Equity Research has produced a note for another AIM co who has a stake in Horse Hill. First Equity gave a valuation for Horse Hill itself and by extrapolation of UKOG*s stake in Horse Hill, it amounts to some $375 million. This equates to a share price of some 3p for UKOG based on that $375 million

Mr Lenigas tweeted the above article - https://twitter.com/DavidLeni

"Computer Services Group snapped up in merger deal"- Financial Times, 11 June 2007. In essence CSG left the stock market in a £91m deal to HG Capital. As posted earlier, HG Capital merged CSG with another co and sold it for £500m to a US equity group, Hellman Friedman.

In Vin Murria*s Linkedin, I posted that she was the Managing Partner of ADVT Platform. I missed, when typing, the logo HG Capital which was at the side of ADVT Platform. The period: "Sep 2016 to present- 1 yr 11 mths."

Comment: Would not have needed to post except the posting from Companies House of a private co as Vin Murria*s C.V may have not been the full picture of her public corporate life. Vin Murria was awarded an OBE. Her C.V from the FT article posted: BSc Computer Science, first class from University London, MBA etc.

P.S. The co that HG Capital bought for £91m and which netted her investors 10 fold, the co must have started from the £9m mkt cap level ie when investors bought in. Just to clarify.

Part 4
Imaginatik Plc-AIM listed in "Innovation Management Software & Consulting."

"Clients: Delta, Cargill, Exelon, Goodyear, Aecom, Sodexo, PWC, ExxonMobil, Chubb, Shell, DOW, Novartis,
Nationwide, John Deere, TD Bank, Liberty Mutual Insurance."

https://www.imaginatik.com/clients/

"Ranked a leader by the Forrestor Wave [TM] Innovation Management Solutions Q2, 2016"

Part 3

"IMTK-Statement re:Share Movement", 26 July 2018
"Vin Murria is in discussions to take a controlling equity investment in IMTK...."

From Vin Murria C.V on Linkedin and FT as earlier posted, it would appear that IMTK is the first AIM co she is seeking a "controlling equity" stake in. Please check.

She has a major stake in FinnCap and is a Strategic Adviser as posted earlier on this thread. FinnCap is NO 1 AIM Broker and Top 5 Adviser on LSE.