Member Info for Phimx

Newbie:

" Guys why bother arguing with Phimx or Buffon boy"

Don't think there's much to argue about, I get all my material direct from Insp. It's very difficult to argue with what's written in the RNS and their failure to deliver.

You on the other hand simply pour out baseless drivel, make believe and insults. Always a sign of a trapped investor.

Best of luck getting rich here!

The first rule, don't throw your money away !

If you want to make money, base your decisions on solid research not day dreams and baseless drivel from people on B-Boards.

Your money, your choice!

RMCPMountie:

" ...given the total value of the recent contract to be £1.5M "

Now that's a bit misleading isnt it, there is no contract to hand over 1.5 M is there? The deal is for 150,000. There is an option to buy more.

" ... The contract is to supply one initial unit for £150,000 and an option for a further 10 units at £150,000 each from three years of the date of the agreement."

I doubt EQT will ever get one of these system never mind the other 10. I think It's simply a token deal to prop up both companies. Time will tell.

RCMPMounties:

When someone makes claims many times and none of those claims are delivered it is sensible to take heed of the past. But its your money, gamble away.

For example RNS Dec 2019

" With the continued growth demand for electric cars, the board are currently setting up an automotive division to utilise the sterling engine to provide a source of power to charge electric motor cars"

Where and what has the Auto Division achieved? Did it ever get setup, who runs it ? Actually its never been heard of since. Simply more statements that mean nothing unless something concrete appears and it never does.

More drivel from RNS Dec 2015

" ... The significance of concluding this test phase should not be underestimated given the superior performance of the Inspirit Charger versus the current competition. This coupled with the balanced drive, low noise levels, low maintenance and enhanced durability make this a unique and world-leading product."

World-leading product no less !!!

So what became of this technology marvel !

Gone and forgotten !

A little reminder of the drivel, from RNS November 2019 !!

" Regarding the next stage in the manufacturing process of the 6.4kW mCHP with a 15kW thermal output boiler, the Company has continued with focusing on the improvements to the design of the Company's Inspirit Charger that incorporates the Stirling engine technology; accordingly we have successfully created a smaller prototype of the Stirling engine casting using modern 3 D printing methods with our partners in Poland. This has passed PD 5500/2018 and as a result, has provided a favourable outcome at reduced cost and greater efficiencies. In 2020 we expect to produce our first unit with the assistance of our engineering partner in Poland. The success of the unit will allow us to have a unit ready for batch production"

BATCH PRODUCTION

Drivel and more drivel

So - the choice is actually very easy. You either believe what this company writes in their RNS and you have many to choose from, going back many years.

On the other hand you can put a bit of effort in and follow up what became of the claims made in those very same RNS.

My conclusion is, certainly from around 2016, it's all total drivel because the mCHP was a failure in performance and concept. Since then the company became a money earner for the directors by raising money developing an eternal project -with little substance or reality to it.

Any potential investor should ignore what I say and what the dreaming rampers say also. Rampers never have substance to their claims most are trying desperately to get back what they've put in here.

Make your own decision, if you fail to put in a bit of research then only YOU can be blamed

Best buy the company then you'll become a multi-millionaire, easy peasy!

Investing and making money its so simple!

[B] code sequence 3. [/B] sequence report

Sanboy:

You've drifted off thread !

Sanboy:

Unless you know you'll definitely be able to buy them back cheaper in the near future.

Sanboy:

But you can sell shares you've borrowed !

Maidit:

What's going on is the next placing shares being sold.

Looks like a big sell yet to be published

Aklee:

" ... is pleased announce that is has secured an order to develop and sell an Inspirit Waste Heat Recovery ("WHR") engine"

" TO DEVELOP "

Now those 2 words give you a clue.

In-spirit have been developing since 2011 and can you show me what has been produced in that time ?

13 long years and still nothing to show for years of hard work by the brilliant engineering minds. Surely they must be brilliant to be paid to produce nothing. Giz a job!

Ian12:

Thank you very much

Building a marketing arm is expensive.And so on.

More money is required, more placing required.

PS: Ads playing havoc when typing a post

Maidit:

You wrote " ... all we know is that INSP TECH will be ready to go on the Market ..."

That's pretty much what John Gunn said in 2016. Of course it wasn't. He seemed to forget that certification was required I.e. the equipment had passed all the regulatory requirements.

As of today that hast been obtained even though money has been raised to do so. Where did that money vanish to.

Passing the regulatory requirements is an expensive business! Building a manufacturing facility is an expensive business. Building a marketing arm is exp

Maidit:

Care to tell which sells should have gone into the buys ? You won't of course. Usual trait of rampers - unable to back up what they say.

I make it there were 7,851,694 more buys than sells, that's why the SP was slightly up on the day.

Newbie:

" ... With a 1.5 million contract in the bag you can take a guess that the results will be good I'm guessing"

Or you can guess that the contract was engineered to prop up 2 of the worst companies on AIM and allow them to raise more money for achieving absolutely nothing but more " development"

13 years and counting nothing to be seen !