Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Evening Holly - thanks for the shout out - you lose the argument/debate the moment you make it personal thereโs absolutely no need for it you can have your say and make your point without being vindictive a little common courtesy goes a long way ๐
Sp will recover next week once all the emotions have calmed ๐
My post was also removed as I replied to the analyzer -
It will be down for a couple of days and recover - thereโs always a knee jerk reaction to perceived bad news - for all those sells there are buyers - letโs see how many days it takes to recover ๐
Luckybob - if you think about it the warrants have been transferred and whoever has them has the opportunity to exercise the warrants at a later date when the sp is higher than there value and itโs not cost them a penny for this opportunity it also does not stop them buying in now
Oopa - my glass is always half full ๐ itโs how I roll ๐
Weโve been trying to second guess in TGโs what the reason for the transfer of warrants are - much speculation ๐ค must admit no one has come up with your suggestion but itโs the best one Iโve heard ๐๐ผ๐๐ผ๐๐ผ hope you are right ๐๐ผ
Richreduk - Mercator never executed the warrants as far as we know therefore they wonโt have parted with any money for them so they should be on their balance sheet and no loss has occurred - imo Mercator have transferred the rights to the warrants to a third party - the 3rd party may wish to execute the warrants and Iโm sure we will here if they do ๐คทโโ๏ธ
Still in and should I ever leave out of courtesy I would post my rationale for leaving - I wonโt be leaving until I have achieved what I set out to do Iโm very patient and can and will wait - much going on in the back ground especially with symes Vechain account as Divvyup has posted ๐๐๐๐ผ
Short answer no - it would only be speculation we simply do not have all the info at hand and would be guessing - with regards to tag backing syme till 2025 it matters not the details the fact still remains however you look at it syme will still be around in 2025 with plenty of time to deliver and scale ๐
Absolutely nothing wrong with doing a feasibility study and finding out what the criteria is and how it could be achieved- planning ahead is not wrong doing - we have absolutely no idea what negotiations have been going on past or present - I dare say AZ will have thought we would be further on than we actually are and when the feasibility study was carried out AZ may of been on the brink of something big happening which never materialised- we have a small % of news in the form of RNSs there will be far more going on in the background than we know - speculation of wrong doing scam fraud conned etc etc will not help anyone get their money back and is much more likely to hinder than help imo but absolutely nothing wrong with a good old fashioned moan ๐
Whilst I donโt disagree with most of what you say and you make your point well any wrong doing would have to be intentional of which there is no proof only speculation - if it was as Clearcut and as obvious as you suggest something would be done about it - I agree itโs been tough for AZ and heโs caught between a rock and a hard place - he needs to keep iis happy Pis happy whilst keeping the lights on and trying to get funders to to throw millions at IMs - we need to be reminded this is a fintech start up penny share with huge potential that was never going to happen overnight - a huge gamble - realistically think about it although it sounds harsh the reality is most who are 80/90% down went in heavy at the start with absolutely no proof of concept - a very risky thing to do - it sounds stupid when you look back but itโs crystal clear now just what a risk it was to put so much money into a fintech start up with great potential but actually zero poc irrespective of what anyone was saying ceo or people on here pro- Active etc etc the risk was always there without poc fact - it is a risky business investing which is also fact - most of us are down another fact - some of us accept the risks which can lead to incredible rewards or zilch !!
We have to own our mistakes and accept the risks we take with our money we will also celebrate and take credit for our gains itโs how it works - we have backing to keep the lights on until 2025 and personally Iโm happy to tough it out and wait for my reward should there be one - we now have poc and await the next chapter ๐
Still in and waiting for news patiently - still positive - iis still holding strong and some still adding they might not have anymore info than we do but they know the financial industry better than most and can see the massive potential here - very few shares offer overnight success and donโt be fooled into thinking 3 yrs is a long time to wait for rewards - it isnโt - frustration can be a torment and as much as I keep looking thereโs still no other stock that has the global potential that syme has imo ๐
Evening Ex - no problem with engaging so long as it remains civil and non personal ๐๐ผ
I wasnโt suggesting falcon group would be helpful to symes case - merely pointing out that โ true sale โ does exist - something you have previously doubted and suggested it couldnโt as accountancy treatment would not allow it - at the time Falcon were already doing it granted the difference is falcon actually purchase the stock were as syme use a stock co to purchase stock similar model but different method of achieving โ true sale โ status
With regards to chicken & Egg situation Albert did say we will start building a track record and the 3 IMs have proved the concept - we are expecting/ hoping for WL and further Vechain funding 2023 which hopefully will add to the building of our track record and hopefully crack the egg ๐ค๐
Ex - this is not the case - Falcon group USA have been offering off balance sheet solutions for years dealing with inventory solutions - they only deal with large corporates - symes ups is that itโs offering a similar service to Falcon group but the key difference is itโs offering it to SMEs something which no one else is offering - so to say itโs only attractive to poorer credits is not true also symes clients have to pass DD which also covers their credit rating โ syme donโt offer IM to distressed companies and the 3 IMs to date and the current pipeline would suggest there is a need for the services syme offer
โSymes core problem persists, despite however many iterations/re-inventions it goes through : its 'true sale' usp (allows/enables off-balance sheet funding) is only attractive to poorer credits. โ