Member Info for Potter79

A placing or just panic with people selling.

Critical day tomorrow, seriously thinking about selling as I’m 45% down and have other priorities.

Think I have got this one wrong.

Is that 1% of the company for you?

Only option is to buckle down the hatches and wait for them to release news good or bad.

I also have every right to be irritated, I have £15000 plus in this company which is small fry compared to some.

I want to understand what is happening here!

Can’t make the meeting as I’m away with work, if I could reschedule I would.

Would love to take them to task about this.

Not based on nothing though.

In Dec 2017, Alpha Growth had secured the mandate to manage the allocation of the investment capital raised through a bond offering from a leading specialist American private wealth and asset manager (the "Client"). The Client has an existing interest in SLS assets and building upon this, has organised a debt offering specifically to invest in life settlements through leverage, and expects to issue a series of bonds. The capital raised will to be used to invest in and trade US senior life settlements.

Yet we’ve heard nothing about this since.

In Feb 18, Alpha Growth plc (LSE: ALGW), a financial services specialist in the growing Senior Life Settlement ("SLS") asset class, is pleased to announce the launch of its own Hybrid security. The completion of the security into its marketable structure was finalised this month. Alpha was advised under engagement on the structure of the security by our advisors from one of the "Big Four" accounting firms' London offices and Actuarial Risk Management of Austin, Texas.

Apart from a few lines in the EoY results nothing.

The BOD have tried to charm the markets with comments about $100m mc based on nothing. They are failing presently and this is represented in the share price, a com0lete lack of transparency on these two items.

Someone/numerous individuals are offloading big time and this isn’t a concern???

It doesn’t look good does it, I’ve sent a number of emails now and not received a response. Let’s hope they pull something out the bag by the end of March...29 trading days and counting!!!

I think everyone invested wants that. I would like a bit more transparency on both the HYR and initial contract for the $15 allocation and await a response from the board. Critical time I feel and it may drop further until we get an update. 30 trading days until the end of Q1 so they need to get a wriggle on.

Did he not say, a £100m cap within three years??

Nope, I’ll be asking a few questions about this and Hybrid fund tomorrow need a little more transparency from the BOD.

What a funny day!

565k at 2.8p, so significantly under at this time and plan to hold the majority until we have our first child mid Apr. If not, may have to cut my losses and sell up.

Let’s see where we are in six and half weeks.

Do Pershing Nominees still own >40%?

Are they a linked/subsidiary of BNY Mellon?

This is being ramped to hell, what’s going to happen when there’s no news this week will it continue to fall ☑️. They need revenue and quickly otherwise BMDs prediction of a deeply discounted placing is going to come true. Are they going to hit the prediction within the IPO prospectus, on current form no and they should be taken to task about this at the AGM.

what has the hybrid fund generated since its launch? Surely they would be shouting from the rafters about each nine figure allocation they have secured. It’s starting to ring alarm bells though, especially if you read BMDs blog about the struggles to secure deals.

People have their own reasons for selling and I’m not going to assume that it is indictative of forward selling. The directors are on high salaries without a reason to be on them (especially when considering that they have accomplished absolutely f*** all this far) and this should be questioned if they do raise money as they are burning £15000 plus per month.

The RNS will come when it comes and if they raise in the interim they raise not much we can do about that.

Can’t blame people protecting their capital though.

It appears his ongoing attack against ALGW will not stop with today’s article as he’s planning for a follow up irt Sigma’s holding.

I’m starting to waiver as these losses ( currently £4800) are more than I’m willing to accept, especially as I have a baby due Apr and a change of career to consider. Need some reassurance that this is not going down the toilet, come on ALGW give us something tangible.

I have asked for a response, not sure i will get one though!