Member Info for optimist13

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/AAAP/13546002.html

I like this bit in relation to a possible tie-up with AfriAg: http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/AAAP/13546002.html Extract Acquisition Strategy The Directors� strategy is to develop the business of the Group both organically and by acquisition. It is intended that future acquisitions may be made by the Company that will be complementary to the Group�s businesses and relate to production, transportation and trading of food products in sub-Saharan Africa, including the acquisition of land for food production. The Company has access to a range of prospects through the Directors� extensive contact network and actively reviews acquisition opportunities on an ongoing basis.

willec - I think you may have your wires crossed. If you are referring to my earlier post regarding the SecurLinx transaction, it does not mean the suspension will have to be lifted. It means that the lock -in agreement will have to be extended, but that is only if the deal is contingent on the Oyster listing. We don't know the answer to that yet. I know it is frustrating for everyone, myself included, but I believe it will be worth the wait. In any event, there is nothing we can do about it.

According to Hamish, the AIM listing of Oyster will be within this half of the year. The statement was made in Gunsynd's half year report which has just been released.

Kenny, DL has picked up the information and has re-posted it.

Good find Kenny. Just posted it on Twitter.

Another Twitter message from SecurLinx: SecurLinx ‏ @SecurLinx 30m30 minutes ago More Nvidia Making Facial Recognition AI for Smart City Surveillance http://ow.ly/67r630iyAyo via @Nextgov #biometrics

We are still in the window as far as the releasing of the results are concerned, so with a bit of luck, we may see them tomorrow. The share price has been marked down very firmly, so with a bit of good news there should be a recovery.

Just read through the details of the SecurLinx transaction again and would highlight the long stop date of 28 February 2018 to complete the transaction. This from the agreement: " the Buyer and Seller entering into a Share Purchase Agreement; - there will be a 1:1,000 share consolidation of the Ordinary Shares in conjunction with the Transaction; - there is a long stop date of 28 February 2018 and an exclusivity period to 31 December 2017; and - the Buyer shall make a loan to SecurLinx of US$500,000 with an interest rate of 2% per annum, convertible into 1,326,794 ordinary shares in SecurLinx representing 3.21% of the fully diluted share capital and is repayable on 24 August 2018. The Loan is payable in two tranches: the initial tranche of US$300,000 being due on signing of the Agreement with the second tranche to follow within 21 days." So, Hamish will have to update the market by next Wednesday. I suspect the date will just be extended as I can't see SecurLinx being able to find sufficient funds to repay Polemos and fund ongoing activities.

willec - I am pretty sure we are waiting for the announcement of the Oyster Oil and Gas IPO on AIM to finalise proceedings here. SecurLinx need cash to allegedly fund the expanding order book and I am sure the appeal of the reverse takeover by Polemos was the access to funds that Polemos will have when the Oyster loan is repaid. This is taking far longer than probably all participants envisaged, but I do believe the sector that Polemos have hung their coat on will prove to be very successful.

The Phoenix is rising. Twitter message from SecurLinx yesterday with link to the potential for bio-metrics: SecurLinx ‏ @SecurLinx Feb 20 More Biometrics for better Healthcare Records Management http://ow.ly/pjJ130ivv9Q How biometrics is giving identities to 'invisible citizens' (CNN)

It was in the Proactive Investors interview. Worth listening too: http://www.proactiveinvestors.co.uk/companies/stocktube/6836/the-ability-for-anglo-african-agriculture-to-grow-is-phenomenal-says-david-lenigas-6836.html

I remain positive and expect we may hear some news of the acquisitions that they have mentioned along with the year end report. According to DL last May, the company has moved into profit at least at the operating level, so the second half of the year should show a big improvement on the previous year.

They say no news is good news, but this is getting beyond a joke. Maybe DL is trying for the record of giving the least amount of information in a trading year to the owners of the company he represents. Have to say the same thing is happening at AAAP as well, so I will stick with my theory of a deal being worked in the background. Wishful I know, but if it happens, it should be very good news for both companies as I believe a main market listing would put AfriAg Global on the map given the recent political events in South Africa.

Hi Kenny, thanks for the link. Quite a long article and the exposure to the possible benefits will no doubt increase demand. Now, where is the confirmation of the HoH deal being completed?

Well, LGC Capital certainly have the money to complete the HoH deal, so the due diligence is taking longer than though. Not sure whether the political upheaval in South Africa will have had any bearing on the delay.

No red dot yet....can't be long now.

The results were released on the 01 Feb last year and the 19 Feb the year before, so maybe we will see the red dot on Monday morning.

Waiting patiently for the results. Can't be long now.

Well, what do you know, there has been a trade today: 15/02/2018 15:30 46,518 0.22 You never know, if the imminent AAAP results make any mention of a tie-up with a Agri Logistics partner, we may see some interest here. Here's hoping...