Member Info for Phimx

Another of the many examples of confusion published by In-spirit. I don't think they ever read what has been previously written. Brilliant engineering minds, Martian rolls on flying saucer floor laughing.

RNS 29 Dec 2021
" It should be noted that this is by no means an abandonment of our MicroCHP boiler technology as over 65% of the technology for the Inspirit charger is applicable to the marine and waste heat recovery applications.

RNS 8 June 2020
" The board believe that the "Inspirit Charger " is over 50% compatible for the marine engine application and would reduce considerable time in research and development "

Certification ?

Where is it ?

Another week of nothing. Consistent you could say !

Buy and sell, buy and sell. Someone trying to kick start a spike but not having much luck.

I'm sure if in-spirit we're to announce something positive and verifiable it would make an impression. Failed RNS and more discussions can only be used for several years before shareholders eventually get wise. Although I think some here will never get wise.

Yesterday's buys now sold, insuffient excitement created

Santiago666:

You are confused.

Desperate efforts taking place to keep the share above 0.03p.

Of course the devil is in the detail

" The success of the unit will allow us to have a unit ready for batch production"

If you read this sentence carefully what does it mean?

Nothing ! - there is no timescal for the implied "production" nor is batch defined it could be 5 or 5,000. But, the words suggest progression is being made. Alas the batch production has failed to appear, perhaps one day eh?

Anyone asked what happened to the batch production ?

Of course not !

RNS 13 November 2019

" 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 !

It is very difficult not to laugh at this stuff !!

It's dull now the idiots have left the station !

Let's have some wild fantasy from the rampers to liven up the day !

RNS 2 November 2021

" With the above in mind, Inspirit are in early-stage discussions with a view to entering into an agreement with a British certification company Enertek International Ltd. ("Enertek Internationa"

Don't Enertek want in-spirit's business ??

Someone trying hard to keep the share price above 0.03p with the 2 x 10 M buys

Chalwala:

You wrote "1-2p coming soon"

Why ?

Panic wot Panic. We've seen this soooo many times. It will fall back as the parties trying to lift the SP for the 0.5 Billion shares in the CLN waiting to be triggered to generate some money. Then of course the price needs to be lifted to raise more money for, you've guessed it, more developments.

Why do you think this languishes at the bottom of the AIM fourth division table ?

AIM is a room, in one door fresh-faced investors walk in, pockets filled with money and hope. They think they can beat the system! On the other side of the room is the exit door and out pours dejected losers, pockets empty wondering how AIM companies could take their money so easily. Where is the FCA?, where is the law? They write. Well people like me warn them but they are too smart to listen to a dummy like me a d accuse me of being a shorter.

I say, time will tell !

" Included in the above is a total of £92,885 (2021: £96,331) wages and salaries for employees which has been included in Development costs."

ALSO

"Average number of persons employed (including executive directors and excludes the Non Executive Director - Anthony Samaha)"

The figure given is 4 including executive directors. So employees are assume to be:
J. Gunn
N. Jagatia
S. Gunn
P. Booker

We can assume then P.Booker is paid £80,885. This would include lots of overtime because the poor guy is working on umpteen projects at once!

Being serious, how does 1 technical guy run all the various applications and projects ... impossible!, unless very little is happening !

" This includes widening the Company's traditional sphere of operation in Europe and also in Asia and North America"

Starter for 10, what operations have In-spirit traditionally had ?

And considering the hard working engineering team working flat out on those many applications, what must the wage bill be for them ?

Oh and the consultants!

The wage bill must be £500,000 a year at least surely !

10 top class engineers and consultants, delivering world class technology with their brilliant engineering minds. Come to think of it that's a pretty poor salary I.e. £50,000 for brilliant engineering minds.

On the other hand, judging by the rubbish they write it may be too much.

It's always the city that get the cream from placings and they aren't risking their money. Its the punters that eventual fund the placing even if they don't know it !