Member Info for petroinvestor

No updates today; most likely by the end of next week. No court case has been logged in Israel yet.

Pumpers are left holding the bag until next week. Drizzy90 got locked in 🤣🤣

I did warn all of you about the pumpers yesterday.

I'm not deramping; the new Tesla trio might have funding lined up!

The company has raised a total of £9.98 million through a combination of equity and debt financing. This includes:

£3.85 million in equity raised in March 2021

£600,000 in loans secured in 2021

£4.6 million in equity raised through a funding round in April 2022

£418,000 in equity raised through a shareholder subscription in January 2023

£517,000 in equity raised through a share placing in July 2023

The April 2022 and January/July 2023 funding rounds could indicate increasing cash requirements, possibly hinting at a higher burn rate.

Based on the available information, it's likely the company is burning through several hundred thousand pounds per month, translating to roughly over £5 million annually.

The combined shareholder subscriptions and placings in 2023 total around £935,000, which wouldn't sustain the current burn rate for long. Continued development and commercialisation of their technologies, especially pilot manufacturing and volume supply, will require significant capital.

Good news, but there is still a long way to go, and the company is burning cash day and night on R&D. Funding is very much required here. My prediction is placing incoming news to raise money, as they are burning over £5 million per year.

Shareholder subscription: £418,000 in January 2023

Share placing: £517,000 in July 2023

April 2022 funding to raise £4.6 million in gross proceeds

Look at all the huge sells, traders getting out by the back doors.

This is being pumped by the usual pump-and-dump crews. Stay away, or you will be left holding the bag!

Gordonbennett is pumping the stock so he can sell his shares and get out.

Check for yourself how many pump-and-dump posts he posts every day and back it up with his LSE posts to scam investors.

I will stay away for now, come back next week and buy it for dirt cheap.

Gordonbennett1, how many stocks you and Ria20 P&D and the newbies left holding the baby?

Beware of people who give you stock tips with random price targets. They are likely pump-and-dumpers who are trying to offload their shares at a higher price. Newbies often fall for this scam and end up losing money.

Even with a letter of intent, there's no guarantee that Piraeus Bank will ultimately approve the full funding requested.

The loan could come with significant interest rates and fees, impacting Hellenic Dynamics' profitability.

Most of the people who are posting non-stop here are traders taking their profits, and the newbies end up getting scammed and left holding the baby here. Don't forget it's Friday and traders wil milk it and dump it before the weekend.

Since I shared my concerns here, I noticed no Twitter pumping posts for the last 40 minutes. The moral of the story is that most traders are operating behind closed doors now.

I don't hold any position here and never intend to buy any.

Lol nice one guys. keep posting while traders leaving back doors.

No trade since 10:58:52 - is this mean trading is halted?

TotalWealth - I understand that traders engage in trading, but the issue arises when experienced traders sell off their positions, leaving inexperienced individuals holding the bag.

So, who ends up making the money in this situation? The traders.

Yeah there will be plenty of trades as folk cash in. Then the bashing. Then nothing, just spiked folk to carry the can. But probably enough action for a trade. lol