Member Info for Phimx

LukeC4: Wish it were true but that list, apart from directors, implies many small investors thus many floating and looking to trade. Only investors holding more than 3% required to go public, does that imply larger less fickle investors who knows.
Personally I'd rather see a few 'professional' institutions involved that can pressure the board if necessary

Load of posts vanished, wonder what rule they broke ?

Someone doesn't like reality posts

Serendipity:

Every buy is not a sell and vice versa. You ignore the role of the market maker.

The market maker may take say 1,000,0000 shares off you but then it's possible those shares are sold to several different buyers over several days or several seconds. If you offered 1,234,567 shares for sale without a MM, you could wait a long time for a buyer of that exact number. In practical terms if you were using eBay say, you would sell in dribs and drabs till eventually they were all gone.

In a very liquid share the MM is making his money and taking a risk on being able to quickly move shares in and out of his position, therefore the spread is small. For poorly traded shares the risk is higher and consequently the spread greater.

Iceman888: Of course you have. Every flop RNS sends out a screaming buy signal.

Do you ever sell any ? You must have a huge collection of shares by now.

Maidit308:

To realise his life long ambition!!!

Where on earth did you dig that up from ? Does it not feel embarrassing when you read that ?

He's been making lots of money with GIS. He can't even be bothered to churn out sensible RNS. Perhaps turning out at least 1 RNS that doesn't flop may be a far better ambition for In-spirit.

Please get real .....please

It is truly bizzare how investors cling on to a desperate hope and cast aside all common sense.

How much evidence do you need to read, how many absurd flop RNS can you ignore?

Maidit308: where on earth is the money going to come from which will be "pumped in" by John Gunn ?
You and your brother Oldblue deserve special status.

Millions of pounds have been pumped into this company and all you and other foolish investors have to show for it is a few absurd RNS.

How many times have you to be let down by the INSP RNS that never delivers until reality sinks into your head.

Could the RNS be significant you ask, of course, it tells you exactly the measure of the man leading your company, ask an Octagonal shareholder!

Is the concensus we should start to see the SP rise at the end of this month ? On the assumption that Duferco should have finally depleted their stock of shares ?

FINAL JUDGMENT AS TO DEFENDANT JOHN GUNN. IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that Defendant is permanently restrained and enjoined from violating, directly or indirectly, Section 15(a) of the Securities Exchange Act of 1934, 15 U.S.C. § 78o(a), by acting as a broker within the meaning of Section 3(a)(4) of the Exchange Act, 15 U.S.C. § 78c(4), and making use of the mails or the means or instrumentalities of interstate commerce to effect transactions in, or to induce or attempt to induce the purchase or sale of, securities (other than an exempted security or commercial paper, bankers' acceptances, or commercial bills) without being registered with the Commission in accordance with Section 15(b) of the Exchange Act, 15 U.S.C. § 78o(b). IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant shall pay a civil penalty in the amount of $100,000 to the Securities and Exchange Commission pursuant to Section 21 (d)(3) of the Exchange Act [15 U.S.C. § 78u(d)(3)]. Defendant shall make this payment within 30 days after entry of this Final Judgment.

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, solely for purposes of exceptions to discharge set forth in Section 523 of the Bankruptcy Code, 11 U.S.C. §523, the allegations in the complaint are true and admitted by Defendant, and further, any debt for disgorgement, prejudgment interest, civil penalty or other amounts due by Defendant under this Final Judgment or any other judgment, order, consent order, decree or settlement agreement entered in connection with this proceeding, is a debt for the violation by Defendant of the federal securities laws or any regulation or order issued under such laws, as set forth in Section 523(a)(19) of the Bankruptcy Code, 11 U.S.C. §523(a)(19).

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that this Court shall retain jurisdiction of this matter for the purposes of enforcing the terms of this Final Judgment., (John William Gunn terminated.) (Signed by Judge Alvin K. Hellerstein on 3/17/22) (yv)

Surely withlove's post was a a bit of sarcasm at derampers ??

It's quiet, so update! It's now MORE than 3 years since the following appeared in a RNS.

RNS: 26 April 2019.

The Company has also embarked multiple applications for the Stirling technology and have developed schematics for the following projects

Inspirit Marine - currently in discussion with a large car/marine engine manufacturer to develop a unit for the shipping industry with current output of 11.68kw.

Inspirit Solar - In-house design, incorporating the new development of our Stirling engine

Inspirit Cooler - Refrigeration system

Inspirit Motor/ Generator - designed in line with the Inspirit Charger to start the unit & convert electrical output to the grid

NOTHING HEARD OF SINCE !!!!!

Of course the phrase " ...have developed schematics .." is another one of those meaningless statements which could excite the naive or foolish but after 3 years there has not been an iota of progress.

RazorShultz:

I know they didn't invest but they are investors now!

Pdub:

Uksteveg said they were traders, I took that for what it means. What exactly are Duferco ?

There's no money made or lost until a trade is made. I'm not intending to start a conspiracy but that is what a market is for: trade, trade, trade.

Investments are long term trades.

Be careful first glimmer of the dump coming.

The pump is ON this morning.

Scratch_Golfer. Grasp the idea, it is to string out the development to make money. If they could have produced a viable prototype a product would have been on sale in 2016.

The residential concept has had decades to appear, it needs storage. How does it work in the summer months when you don't need heat but electricity only? You can't export hot water to a grid. It's an expensive and very heavy pile of s... Oops metal.

Alternatively. Because "Hey there are certainly the big professional traders churning shares which muddies the waters, ..."

Are they playing this for all it's worth. With what's to come in the near future and good interest from PIs then with a large holding they can manipulate the price. Allowing PIs to pump up the price then selling it down. Buying slowly back in and repeating.

They don't have to short.

April gone.

The mule train has still not delivered the WHR components to Poland - I guess. Perhaps there has been a delay crossing the Russian - Ukrainian border.
Apparently Outer Mongolia ins the cheapest place to get your high-spec engineered components from.
I jest of course.

I'm going to write a book about this saga. I will acknowledge every investor that paid to help create it.

I wonder how much has been ploughed into this and the only thing to show is a pile of badly written flop RNS.

Could kiln 3 going operational and Duferco exiting coincide. Now that's an interesting alignment.

Novice Hunter:
Simply a sensible investor trying to separate fact from fiction.
I assume you don't agree with me, let us all hear your reasoning behind the flop In-spirit RNS, going back years literally years.

Tell us why Volvo will invest in the 350 kg alternator pushing out 6.4 kW.

Tell us why certification is never obtained even when hundreds of thousands were raised to do so!

Tell us why, after moving to Poland to work with an engineering partner and setting up a manufacturing and test facility, they felt the need to announce they had set up a workshop. A workshop surely an absolute joke

The list is endless, even the website is outdated and hasn't been maintained.

You'll be another gullible punter locked in and desperate to get out.

RNS 18 July 2017

I'd like to correct my earlier post. Design for Manufacture was, I think, first mentioned in the RNS cited above. So DfM has been ongoing for almost 5 years now.

For almost 5 years this phrase has been used by In-spirit to imply they have been working hard to reduce the costs of manufacture. I and many others would assume manufacture is another name for production and that in itself means significant quantities, intended to be sold in " the market" to the public and wholesalers.

And yet not a thing about obtaining the mandatory approvals.

Even worse, there is no evidence or statements that an up-to-date Charger has ever been built or tested. In fact the recent statements regarding the wHR system helps corroborate the fact that such a device does not exist.

But the DfM continues year after year on a non-existant Stirling engine and Charger.