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Jimzi Scotty: Thanks. Was a long way fown thst rns past what I thought was the end part! Viewing on my phone is probably not the best idea. Thanks
Ps. Is our 7.2% stake in PDSB worth around half nsci's market cap? The bod say they can't get fair market value for firms in portfolio! I bet they would for PDSB !!!! Just a thought

https://www.proactiveinvestors.co.uk/companies/news/217083/netscientific-soars-as-it-sells-stakes-in-vortex-biosciences-and-wanda-for-150000-217083.html

Article is from March 2019 so don't get all excited when you read "Netscientific Soars on sale"
re ex loss making companies sold to EMV and part of portfolio we propose to buy .......hummm !! https://www.proactiveinvestors.co.uk/companies/news/217083/netscientific-soars-as-it-sells-stakes-in-vortex-biosciences-and-wanda-for-150000-217083.html?__cf_chl_jschl_tk__=8f718b2550dcd5917f95eb596bbfa2ef60c868c3-1596670784-0-Ae1K7a0_PNrGmb_8-5FAvNV4gjQK2QKv0ak1dxgW3WsHE7hfsCBErtVfbX_mNGdR65Hlnz_U2SHXS9iBWiYLv6SAsBQLmnkQytcytlq9ibVhFiPTZrDi4HOOpdTfCs-zdPb37ykjtSVykezcfNZbfLDTVEyNpeFujj8YvsP7JvYmDt12t14g5J2zC69U7ZeGzewnMCv6uPFWOV3DPkFMqSLtBH-rXQ1qx72mYHbbuBQVoEPWJwBXU87zGU0Z81O_OT7ZiiyjbDUBwplAUYwUEHgOqK21tTZmLI1PFqpuyRY9nj3k-oPJyjrTb0grQba8otwebXy-hLAOtamBItxqLJvn3_ci-CyVylPvXuBVq0G5iADydN5BEgekc0VQ7lCTwiDALCxGyoCX7N8ilXGCqBbfgquK0IkCEnU58DxOcsBF

Shezer : The 23.72 % refers to the shares placed today as a percentage of the new overall issued shares post acquisition. Shares issuedto cover acquisition 3,478,539 (EMV bought with shares but exact cost mot mentioned in RNS) New total number of shares = 14,917,628.7456
Well thats my guess. We can, don't forget still vote against all of the proposals 24th ? August meeting, including the share issue.....I think.....still learning.

Jimzi: Do you or anyone else know what we are going to pay, in share equivalent, for EMV ? Its not mentioned anywhere I can see. Strange, no ?
Btw has anyone looked at the EMV portfolio? I am sure QBot are admirable but do we want to be investing in the solution to insulating under floors! No riddle and I kid you not!! So, whats the price ??

Jiddy: My final point :-
I'm still learning! Sometimes things just don't make sense to me and it maybe lack of experience or knowledge of a bigger picture. I'm not deramping or ramping but more just curious.
Everything all very urgent and immediate. Issue shares at a discount to directors and out major shareholder via a company our major shareholder has a vested interest in. Buy EMV which our ceo founded, offshoot of another of his companies, offering our discounted shares as payment (I think)Then I find we sold at least two companies in our portfolio to an offshoot of EMV, I think at a loss, which we are now buying back. Can someone try and help me understand. Thanks.

Jiddy :- The other bit I don't understand, could pi's have bought some of the new shares at 65p, 6.5p equivalent, at least 25% off sp at the time?.....NO

Jiddy The info bit !!!!
In March 2019, the Company completed a £0.15m cash sale to Deeptech Disruptive Growth Investments Ltd (“Deeptech”), a Special Purpose Vehicle of EMV Capital Ltd, of its interests in Vortex and Wanda, together with any outstanding loans and convertible loan notes owed to the Company by Wanda or Vortex. Immediately prior to completion, NetScientific was interested in approximately 95.0% and 70.8% of the issued shares of common stock of Vortex and Wanda, respectively, and 100% of the Preferred Shares of Wanda. The results of Vortex and Wanda included within the consolidated accounts of NetScientific amounted, to a gain of £0.6 million and a loss of £1.9 million, respectively, and the net assets of Vortex and Wanda at the same date were £0.3 million and £0.1 million, respectively net of intercompany balances. The loss for the year by the Vortex and Wanda discontinued operations was £1.3 million (2018: £5.4 million) reducing the operational funding requirement of the Group substantially going forward as look to preserve cash.

Jiddy ;- I posted the very same question earlier today and found this in nsci's rns on 2019. To me they sold onvestments at a loss to emv and now, in a portfolio of others, we are buying them back in a very urgently orchastrated way Hummm!!

Fazza :Bit cynical !!!! Ha ga. I've posted a few things today trying to air for debate (and my understanding) of what my possible naivety sees as quite a scheme today....excluding ALL pi's.....money to money

In March 2019, the Company completed a £0.15m cash sale to Deeptech Disruptive Growth Investments Ltd (“Deeptech”), a Special Purpose Vehicle of EMV Capital Ltd, of its interests in Vortex and Wanda, together with any outstanding loans and convertible loan notes owed to the Company by Wanda or Vortex. Immediately prior to completion, NetScientific was interested in approximately 95.0% and 70.8% of the issued shares of common stock of Vortex and Wanda, respectively, and 100% of the Preferred Shares of Wanda. The results of Vortex and Wanda included within the consolidated accounts of NetScientific amounted, to a gain of £0.6 million and a loss of £1.9 million, respectively, and the net assets of Vortex and Wanda at the same date were £0.3 million and £0.1 million, respectively net of intercompany balances. The loss for the year by the Vortex and Wanda discontinued operations was £1.3 million (2018: £5.4 million) reducing the operational funding requirement of the Group substantially going forward as look to preserve cash.

I'm still learning! Sometimes things just don't make sense to me and it maybe lack of experience or knowledge of a bigger picture. I'm not deramping or ramping but more just curious.
Issue shares at a discount all urgent to directors and big shareholders via a company shareholder has a vested interest in. Buy EMV which our ceo founded, offshoit of another of his companies. Then i find we sold at least two companies in our portfolio to an offshoit of EMV, o think at a loss, which we are now buying back! Can somone try and help me understand. Thanks.

BTW Melvin Anthony Lawson (I'm not saying there is anything wrong in this) our major shareholder, aporox 30%, also has/had a 3% stake in Wh Ireland the book builder for the 6.5p shares.....hummmmm! Money certainly goes to money !!

Can I buy 500,000 at 6.5p please.......or 10000, NO. Sorry we have sold out already even though they have just come into stock....they are for our "important" clients!! Ha ga twisted.
Btw but I'm sure you know who's what at EMV, a spin out from another company. He's doing well our interin CEO, on the board at pdsb etc and now we buy his company.....hummm. I dont know if its a good thing (not an experienced investor) or shenans.... inform me please.

Dr. Ilian Iliev joined the Net Scientific Board in 2019 and became CEO in 2020.

He is also Managing Director of EMV Capital (EMVC) where he also leads the investment advisory team. Ilian spun-out EMV Capital out of EcoMachines Ventures, which was founded in 2013. Prior to that he co-founded and was CEO of CambridgeIP Ltd (2006-2012), which he built into a leading market and technology business intelligence provider in the UK (partial exit through sale of data & software business to multi-billion US investment fund). In the late 1990s, he co-founded and led 100-person family business in Southern Africa in the electrical industry, with a focus on turnkey industrial installations. He is a Board member at a number of EMVC portfolio companies, including Pointgrab and Q-Bot.

Can I buy 500,000 at 6.5p please.......or 10000, NO. Sorry we have sold out already even though they have just come into stock....they are for our "important" clients!! Ha ga twisted.
Btw but I'm sure you know who's what at EMV, a spin out from another company. He's doing well our interin CEO, on the board at pdsb etc and now we buy his company.....hummm. I dont know if its a good thing (not an experienced investor) or shenans.... inform me please.

Goldsmith: Do I understand this right? Ceo/bod issue shares at way less than current so, agree to buy these themselves and company uses the money for aquisitions?? Its the share placing at discount I disagree with, shameful.

Goldsmith:- what is between the lines ??

I like the "mugged a few" I think its more than a few. F@@ked up many many and speared them on the spikes......why propose such a cheap sp placinh price when the sp WAS on the up and up......so the big boys can have their fill at the trough. Pi are shafted once more
Oh, its says its proposed. Its the any shareholder right to object??

SHAREDAWG: f*##k sp dropping I would like it to double and guess many investors would to. Which is the lesser of two evils a ramper or deramper!!
I am still learning all the shenanigans! !