Member Info for Phimx

Maidit308: the great advantage of this site is, potential investors can look back at the postings of various contributors and make up their own mind. I try, although not always easy, to keep my posts rational, fair and factual. I don't make wild plucked-from-thin-air statements. Lucky for me most of your statements are the opposite. Hopefully potential investors will see sense and avoid this share, until at least, the company can provide some evidence of what it says is factual. Since they've claimed they have a device that produces more energy than it consumes, that is improbable.

Interesting to note that the man that leads the development of this fantastic product hasn't bought a single share. Perhaps he knows things you don't ?

Director: N.Jagatia 2M shares @ 0.5p costing £10,000 in 2015
Director: A. Saman O (zero) shares cost £0
Director: J. Gunn Has spent £30,000 in the last 4 years

maidit308: Is it strange to want to save those old folks from buying into this plate spinner ?? There's no chance of me ever buying into this. You are simply keeping John's salary topped up.

Have a very good weekend

Dynamo2: Sensible, very sensible

I was mistaken with some of my other postings; the Inspirit 'perpetual' energy machine is not, in reality its a perpetual money making machine.

And not for the shareholders.

2015: Salary & Fees J Gunn £80,000
2016: Salary & Fees J Gunn £80,000
2017: Salary & Fees J Gunn £80,000
2018: Salary & Fees J Gunn £80,000
S Gunn £12,000
2019: Salary & Fees J Gunn £80,000
S Gunn £12,000
___________________________________
Total £424,000
__________________________________

The £350,000 placement money for production seems to have been used up !

And what do shareholders have to show for it ............................ A FEW RNS ISSUED ????????

John Gunn, the Company's CEO, commented:

"Although the Company is mindful of shareholder dilution through placings, the Inspirit board felt it necessary to complete a micro-financing of this magnitude to enable the production plans of our mCHP to proceed unhindered whilst we negotiate with a very major manufacturing service company over the coming months."

WHAT HAPPENED TO THE 350,000 PLACEMENT MONEY FOR PRODUCTION ?

By my quick reckoning, John Gunn has had most of it in wages in the last 5 years.
Another grand statement that came to nought !!!!!!

Oldblue1973: Inspirit have a license, from Somemore Ltd, to develop and commercialise the device Somemore bought from the failed Disenco. Now exactly what commercialise means I don't know. At the very least I would expect it to be turned into a viable product for sale to the market place/public. Are you saying Inspirit are simply a R&D company with no production/ manufacturing interests, if so I think that will shock many investors. How will they reap their rewards?

They supposedly had a viable product 6 years ago and the question is why didn't they start making them in bulk. My mistake they did- John Gunn 2016 " we are actually manufacturing our first units"

What happened to the first units ???

WHAT RNS SAYS THEY ARE AGAIN TESTING..... PLEASE TELL THE LAST UPDATE SAYS THEY WILL HAVE THE FIRST UNIT READY IN 2020. ?

Not a single word of their statements can be verified !! For a company that wants to sell millions into Europe and to raise funding which they will need. They are not even trying !!!!

Maidit308: So you are just ramping it for all its worth and you don't care if there is a viable product or not or what is happening. Roll on the next carrot-on-a-stick RNS eh. The more poor Joe Public you suck in the better, at least Joe knows how much credibility and trust he should give to your posts. Thank you for the enlightenment.

Maidit308: The point of the 2014 post is the following

'inspirit Energy's new washing machine-sized mCHP micro co-generation boiler is one of the industry's most powerful and energy efficient mCHP appliance'

So back in 2014 they had, ONE OF THE INDUSTRY'S MOST POWERFUL AND ENERGY EFFICIENT mCHP APPLIANCE

So what happened ? where is it? Why did it not go into production ? Six years of thousands of sales lost! Millions lost in profits!

The plain truth is you can't answer these questions. As a shareholder you should be asking the same questions, after all it's your money not mine. Now if you don't care about your money that's perfectly fine by me. Other people may be less fortunate than you and think they are buying into a good venture, it's those that need warned of the risks.

Far from pointless. I assume you invested because you wanted to own part of a company churning out a useful and profitable product. So why aren't you interested in what became of it. Is that going to be your attitude to every failing of the company. Strange very strange indeed!

Oh to be in a project that could pay 10% for a small risk. How many savers are cursing right now.

2014.... 2014......2014.....2014.....2014......2014......2014.....2014.....2014......2014
Inspirit Energy's new washing machine-sized mCHP micro co-generation boiler is one of the industry's most powerful and energy efficient mCHP appliances for its size with simultaneous generation of up to 15 kilowatts of thermal output and up to 3 kilowatts of electrical output. The appliance's patented engine will take the waste heat from the boiler and convert it efficiently in to electricity; first supplying your own property and feeding surplus electricity into the national grid.

My personal opinion on this company is , it's going to fold soon. Why, lack of transparency, follow up information and hard evidence that the Charger is a viable and profitable venture. It has been too long in development for something that was supposedly commercial back in the days of Disenco - they went bust. Why has the device not seen the commercial light of day. Products evolve, sell - evolve, sell - evolve. To be continually fiddling with the design, of what was supposed to be a world class product years ago, is strange to say the least. If it was a major company with lots of money to throw at improvements then OK. This company has very little money and few staff, to be able to turn out a world leading mCH boiler is beyond belief. There appears to be very little interest in the product and I guess that stems from the secrecy and the ambitious or ambiguous statements made for it. Hard facts have not been declared. Trial data proving it can usurp a standard system would go a long way, but for all the hours of testing there is nothing to show it was ever actually carried out and how it performed. My prediction is, another round of money raising in the guise of some other application or a quiet fade away due to climate change or something equally daft.

It's time to open the box and show what's inside. Don't you want to sell the thing ?

Even old blue is wavering. I wonder if rocket and maidit arefilling his boots at these levels. Probably not judging by the trades.

Fantastic amount of interest being shown in this world class leading, game changing boiler. Perhaps the money men haven't heard about it or perhaps they don't believe in it!
Take your pick, place your bets. It's a simple binary choice

Rhjoyes: I've been investing for 30 years and to be brutally honest, overall I am well down. The stock market appeals to the intelligent, mostly, the lure of beating the system. But, the reality is , apart from one or two lucky guesses most people fail. Virtually all of us have access to the same information, except the city boys who can whisper to each other in a wine bar. It is the information that pops out of nowhere that makes or breaks your investment not your strategy or research. How many would have changed tack knowing Gina wasn't going to add or that CF was talking to AA a while back, because he was desperate. How much was made by people with a couple of those snippets. Yes research can help but who has the time. Luck is the biggest factor, you may as well try the horses, casino or lottery. I followed The Flowgroup story for a good while a mCHP boiler that created electricity from waste heat. Since condensing boilers are already very efficient I doubted if any electricity could be created and didn't invest. But, 50 million was fleeced from investors and they never saw a boiler in action. Inspirit energy are now touting a boiler that produces 15 kW of heat and simultaneously 6.4 kW of electricity from the boiler waste heat using a Stirling engine but the rub is it only has 20 kW of heat going in. A perpetual energy machine! Investors are still investing in this loser, it's been ' in development for years' many posters are simply shouted down as derampers by the fanatical followers of a share, take more heed of the derampers and less of the tampers if you want to make some money.

To much to hope they know another offer is coming, presumably they had a big short position and we're waiting for the result of the vote?

Surely a short of that magnitude would be known ???

Out of my depth here !

To much to hope they know another offer is coming, presumably they had a big short position and we're waiting for the result of the vote?

Surely a short of that magnitude would be known ???

Out of my depth here !

There is a claim on FB that UBS bought 500 million shares on Friday. Is it false or can anyone shed more light on it

thebottomline: it's all semantics and interpretations. What is a mistake, what is trust. It matters not how much you invested in Sirius, all in or a considered amount. It was taken by stealth, decisions could have been made earlier. There must have been doubts about raising money a long time ago. The path that led us here could have been changed. A fixation on no dilution didn't help from the outset. Even at the end CF could have shown honour and resigned but no he grabbed the dosh. Why do they want him, they have the money it's up to the engineers now. The money man flopped, no knighthood for him.