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Goingto.oon:
Debt has not been paid off - one loan has and at a huge cost to shareholders.
No - the website has not been updated.
Obviously you were one of the investors that watched their investment halve after the 2 Billion share dilution. You are now trying to recoup your loss with drivel
2024:
And my predications:
No Charger (mCHP) will be launched.
No Volvo trial.
WHR strung out for another year.
Another miserable year for In-spirit investors.
Hey but you guys know better than me, so don't let me stop you buying more and more and making millions.
HNY
What investors need consider and I mean the long term holders that bought into the mCHP story, not the short term gambling fraternity that seem to be in the majority here, is at what point does John Gunn find it more bother than its worth.
The 200,000 recent raise is peanuts, money is owed out of that and there's wages to pay. More money is going to be needed shortly, if only to continue the development story. It is apparently becoming more difficult and less beneficial to obtain monies. At what point does he fold the company or take it private as happened to Octagonal, check out the happy investors there! That time must be getting closer !
In or out place your bets and risk your money, however much you have left in here now !
Bunsenburner:
Mr. Jagatia invested the huge amount of £2000.
Mr. Gunn had to buy in to help support the share price but more importantly maintain a decent holding, had he not, his portion of the company would have dropped to 10.5% and left him vulnerable to a shareholder revolt, as was attempted by C R Hemminway 3 year ago. There has been no RNS to say CRH has sold out. By my reckoning CRH has/had 270 Million shares or 4.3 % of the current shares in issue.
One of the aims of CRH was to find out if In-spirit actually had anything of worth or was it all exaggerated bluster. Perhaps he is still lurking in the wings?
As time passes and the ambiguous RNS continue to flow with copy and paste drivel it looks like this is just another AIM eternal project I.e. a piece of junk that will never make a commercial viable product but exists soley to raise money and investors hopes. The longer it goes on the more investors realise the reality.
But you believe whatever you want.
Goingtomoon:
People can't see the technicals because they are ambiguous, non-technical and incomplete. There are no figures for outputs, inputs or efficiencies.
Is the claimed 97 kW electric, thermal or both ?
Why don't you explain it to investors since you suggest you can see the technicals that others can't.
I don't think you understand anything whatsoever about ' the technicals' but go ahead and prove me wrong
Cut and Paste: From Final Results 2023
"The Net asset value decreased but the Market capitalisation increased during the reporting period. The closing share price was 0.026p compared to 0.06p in 2022."
If the author actual looked at the figures he'd see market capitalisation in 2022 was £2648417 and in 2023 it was £1114670 I.e. a decrease.
He simple cut and paste the previous year's waffle and couldn't be bothered to read the result.
Goingtomoon:
You've obviously replaced your faulty speech to text software !!
Problem though - garbage in - garbage out, even if grammatically correct.
But hats off to you, I laughed long and hard at that post - Ho ho ho.
Only thing of interest is the lack of any 3%+ shareholders. 80% of shares held in nominee accounts, the rest by directors.
Obviously CRH sold off a big chunk of his 270 Million shares. By my reckoning he should have been represented in the list since by RNS he had 270 + M on 9th November 2020, even today that would represent about 4.3% of the 6.27 B total shares. Someone has failed to inform the market of this change.
So no big investors and at today's price it doesn't take much to get 3+ %