Member Info for Phimx

FooCare: I'm a one team person, my own

Oberserver: good appraisal. It seems the only way things will progress is if team JG is ousted. I assume, even if a meeting is called, there are no regulations forcing them to disclose sensitive information or is there? Therefore they could simply prevaricate. Not great for investor confidence but that has never been their forte. If they are ousted and Team CH is installed then, depending on the state of the tech, things could move forward. Business strategy is not my forte but this is a good unfolding lesson.

Oldblue: There has only been a brief period when the price was above 0.07 in the recent past. So any of the parties have PROBABLY paid less than 0.07. Team JG need to spend a smaller amount to gain control. CH isn't going to splash out until he knows what is up for grabs nor would any sensible person.

Observer: I'm not sure of your point. I doubt CH has paid more than 0.07 in the last 12 months and who knows what a potential bidder under the 3 % may have paid but nothing substantial. The share price stands about that now. Any bid could be a bit more but not necessarily. The simple question is " does viable tech exist or not" The circumstantial evidence Points to NO based upon many reasons including their refusal to enter into license talks with CH. The NDA excuse doesn't cut it. Anyone that enters into a NDA that prevents them finding other avenues for their product without something tangible from the prospective partner is naive to say the least. They have been in discussions for almost 2 years and not a thing to show for it - come off it.

How would marine applications be more lucrative than auto and why limit your options?

Observer: CH pointed out the anomaly of S.Gunn being paid a mere £12,000 yet was identified as a PDMR. PB, in his position, would certainly have to be identified. Perhaps there is some clue in those observations.

Observers: The highest price - I understand what you are implying but my take is the signs are its pointing the other way by about 20:1. My guess on the high price would be 0.07 or thereabouts.

Observer: How would someone like PB be considered a concert party prior,to the vote. Seems to me he could bounce either way. I doubt there would be any rules forcing him to admit his intentions before the vote and in reality he may not know himself ! How would cooperation be determined ! I don't think it could even be assumed !

Observer: interesting but since PB isn't a PDMR and assuming he hasn't walked into the cornfield with the others (field of dreams). Why would he have to declare his private share dealings interests to anyone, until the time came. Someone in that position would vote with the board to preserve his position. On the other hand he may not think he's being paid his worth and vote for the bidding side.

Fascinating and educational.

Better than a Sherlock Holmes novel !

Observer: Begs the question why isn't PB registered as a PDMR ?

Observer: Observer: Good point I'd forgot about that. What about family members and PB as titular director only? That could make at least 12%. Virtually total control for about £240,000. Payback in a couple of years of dithering.

Buffalo: you should know my stance on the company/product by now. But From my earlier post today there appears to be an undeniable cost gain to be had by using a Stirling like device to charge EVs GIVEN the right cost, operational and reliability figures. Where are the failings in my guesstimate ?

Admittedly it relies upon Inspirit data, if they don't have it, then it vindicates both our views on this company and I for one will celebrate. Alas it will be another blow to Joe Public, the eternal optimist.

I assume the present incumbents at Inspirit could be amassing shares to help defeat CH. Apart from JG, they could each purchase up to 3% and 3 X 3% is 9% additional, bringing JGs team to at least 37%. I guess in any vote a significant portion will not vote, let's say 20% so that would give team JG an almost unassailable a majority.
I think this is what CH is alluding to by gaining access to the shareholder list and determining the " concert" parties I.e. Those acting together.

Of course the shareholders that vote against JG are going to be well disillusioned because that allows Team JG to carry on as normal, I then expect many to bail out.
Where will that leave Inspirit ?

If CH is successful, because JG hasn't convinced investors that he has a viable product then the path is still downhill because more effort, money and time will then have to be expended, if there is sufficient potential ? So there is still a long road ahead in my simplistic estimation.

But old faithful will be there at the end !!

The buffalo: I'm trying to make the point that the Charger is not an automotive product, in the same vein as my spanners that I use to disassemble my car. Its uniqueness, always assuming it does the business, is in providing cheap electricity NOT from the grid at 12p a pop.

I could envisage taxi firms, delivery firms, council vehicles, fork lifts etc. all being users. Basically, you very roughly half the cost of the electric from about 12.5p ( grid price) to about 7p. That assumes you simply throw away the heat produced - wasteful. if you can use the heat continuously and permanently then you can save another 27p ( 12kW X 2.25p of heat ) Resulting in a final cost of ( 7p - 4.2p ) 2.8p per kWh to charge your EV not too shabby eh.

Of course 6.4 kW isn't a huge amount of power for a fleet of EVs BUT there is obviously a niche market for a Stirling like product.

Again I repeat:

The above assumes the Charge does what is stated and
Ther is a use for the heat output.

We will soon see - I hope.

I'm surprised more holders haven't taken their profits this morning and reduced their risk.

I'm not in agreement with the CH assessment of the automobile application. Assuming the Charger does what is said then it's simply a generator for cheap electricity nothing more. Equally you could be feeding your market garden greenhouses with heat and charging god knows what. The car charges from an electric supply, it doesn't matter what the source is , the gird, a diesel generator, a wind turbine or a Stirling engine. Of course things are moving fast in the EV industry !

Perhaps not too incomprehensible if CH had read my recent take on the energy outputs.

I have to own up to a nagging doubt about the Stirling efficiency of about 35%. It implies an even higher figure because it includes the alternator losses. What I mean by that, is you could state the efficiency as heat input to mechanical work output. The mechanical output is then further converted by a lossy alternator. So, something over 35% is quite impressive.

We can only work with the figures Inspirit supply

Oldblue: I love this extract from the CH letter.

" I have no particular insight as to whether the Charger is a genuinely viable product or not. Its claimed performance and energy output levels are, however, incomprehensible."

Observer: interested to hear you views on this letter. My simplistic take is, unless Inspirit have something to pull out of the bag in the next couple of weeks and actually demonstrate what they have, then the games is up. More promises and waffle won't cut it. CH has highlighted very well the ridiculous aspirations of a back street bodger or to be kind perhaps nativity in attempting these high tech, high cost projects. Even if John Gunn has more votes than CH, then the price will plummet and another mCHP disappears - the way of FLOW and others.

Observer: an interesting letter indeed. I never spotted the Stirling spelling mistake and I hope I've been spelling it correctly!

Oldblue: was it not you that supported Mr. Gunn and insulted anyone that was negative to Inspirit, I was expecting you tell CH that JG knows what he is doing etc etc. A change of heart then ? Anyway it's going to be interesting watching from the sidelines. Have they got the tech or has it all been pure lifestyle and BS !