Member Info for pablo2

Even now if you stump up, say, £40k for 1m shares, come soon after Feb 10th you should be able to get back 4.1p per share = £41k. So, £1k interest for a few weeks investment. Then there might be still more value at a later date. No mystery to me, anyway that's what it looks like to me.

but looks like it's turned into an Investment! Thanks Sumdge for going and reporting - very interesting, and the guest list. Adam Reynolds looking confident? - I'm really hoping for a big take-off for NIPT soon. Ian Selby, confident too?

Nice one, and good luck tonight - don't get 'delayed' - lol. Is it me, or have you run into some money lately, you seem to be topping up everywhere?

Good luck tomorrow night, hope it goes well. Be very interested to know what this company does - only kidding, but they are a bit of a financial minepit. Derivatives are certainly the playthings of the Big Boys.

about this share : a) it's all a bit confusing/mysterious what they actually do b) notice the market cap is £1.6m - whoa, that's small c) the Major shareholders on their website looks way out of date and has errors - there's no way all those Nominee holders mean 89% 'not in public hands' - more like 30% IMO d) they don't appear to monitor or reply to info@insetco.com, as my 3 emails are unanswered Apart from that, everything looks........??? Hopefully my doubts can be assuaged next week.

Moving inexorably forwards to....extinction. Looks like we'll get our 4.1p soon after Feb 10th. I'm taking a good bit of a loss here but it feels like we're getting something anyway. Made an extra £180 by getting some more a few weeks ago @ 3.75p Then may as well hold the shares for a year or more and might get a little bit more off the administrators - can't see the 'Matched Bargain Facility' throwing out any bargains - lol.

you need to double post 'cause I'm fed up with looking at Advfn. Could you please concentrate on getting this stock out of the mire. INC looks far too complicated - can't find anyone yet who knows what they do.

So we trade 68m shares in the last hour - did I blink and miss something?

Looking at all the BIG trades over the last 10 days or so, it's funny how they're nearly all done spot on 11p. Seems these big boys have been getting good deals or maybe just transferring between themselves at this agreed price. Seems the price to Joe Punter to buy is 11.5p. Think you are right in thinking something is afoot, but what?

Richard Griffiths buying - know him from old. He bought masses of Ascent Resources at a fairly low price of about 0.7p but probably still has them as they've not got anywhere with their Slovak gas discovery yet after years of fighting red tape. Think he was in Ascent - but checking that stock, can't find him. Anyway, he's a big roller, and if it's good enough for him, it's good enough for me. KL

How will the market react to this sensible cut-back in drilling AND production? Sensibly?!?

Smudgie is our leader Smudgie is our leader Der der der der Der der der der (Spurs have just won, so bursting with it)

Copied from Advfn : In the half-year results, they state how urgent their capital needs were AND that receivables are going to go down by 2015. So, the Bond issue was urgent and they've said all they are going to say until the Finals covering to March 31st. What I would love to know is there anything further they can say about the timescales for the liquidity event within 3 years?

copy of my reply on Advfn : Thanks Dan, nice work and good reply from Rashida (female, I hear, and apparently she's been looking after (or not looking after!) the finance for years). She has definitely got our point that investors are seriously confused and great news about the flow in from the debtors. I do not share Tilton's negative thoughts though it is possibly true some of the debts are irretrievable. No timescale for events though but sounds very positive. -------------------------------------- The Ask has only dropped a tad since your re- entry - there's masses of upside, don't worry about not calling the exact floor.

Anyway, the company today pretty well confirmed all going ahead on Feb 10th and soon after. 4.1p - probably will stick to that figure IMO. Tax implications look all right for me.

They may not well convert the loan notes too soon as obviously they come with a 'coupon'. The latest £250,000 batch are convertible @ 0.1p but do bear an 8% coupon and are convertible anytime up to Nov 2017. Not sure why the other Loan note holders who could convert their outstanding £82,500 to 330m shares @ 0.025p wouldn't do that soon. My figures that I laboriously worked out are nearly correct but I note they are spelled out in detail by the company in the Dec 29 RNS : Following the requests for conversion, the Company will have a total of £327,500 of convertible loans outstanding, comprising £82,500 which can convert at 0.025p per share and £245,000 which can convert at 0.1p per share, resulting in a maximum issue of equity of 575,000,000 new ordinary shares. In addition to the amounts stated above, the Company advised on 22 May 2014 that discussions were ongoing with a holder of unsecured loan notes totalling £40,000 to vary the terms of this loan in accordance with other unsecured loans announced on the same date. The Company advises that these discussions are still ongoing." The last paragraph spells out more loan notes besides that may well also be converted in the fullness of time. Not sure as to the credentials of the loan note holders, i.e. do they have any long-term interest in the business or are they simply in it for their dosh. Usually it's the latter. I hope the words 'death spiral' are never appropriate here.

Brilliant result for you, well done. This Insetco is a bit of a mouthful as to how they make their money. Anyway, as long as they make some more soon, we should be happy.

Thanks for that ShareProphets article - tip for 2015! Yeah, I worked out the outstanding loan notes still to be converted to shares at 600m yesterday. Unless these are being pre-sold ( i.e. shorted), there are still 600m to materialise beyond whatever is now being sold. From that ShareProphets article : 'Insetco specialises in the assimilation of dislocated asset classes which are uniquely structured and distributed via its tailored structured products programme.' - it just gets worse!

Insetco 'a company specialising in the arranging and structuring of securitised products based on senior life settlement policies' Anyone any idea what this company does, nothing to do with pest eradication particularly insects then?

Are you out of the Sable now? Good research, incredible timing with a little slice of good fortune.