Member Info for red_hornet

Insightful Rat!!

Anything to add that isn't ifs, buts, maybe's, possibly, out of our control or when the customer. gets back to us

Why don't you enlighten me Anomaly? They've skint and any money they do have is signposted for Balamory.

They're having to rely on mentioning HUI for Gods sake.

Even PE stuttered when talking about the lack of customers and projects......the one we do have control over. It came over as quite sad,

So go on then, let me hear the concrete facts!!

You have to feel sorry for Paul; he looks exhausted and almost defeated.

The lack of funds has stalled progress at PHE to a snails pace for the last 5 years. 16 months they've had the FTU up and running and not a contract in sight.

Unfortunately newer companies are appearing with better access to funding and none of the 26 year failed history of PHE. As new, well structured companies with development facilities, they're getting funding from various sources, inc the government.

When they launch, they'll attract equity capital, or go to market as a fresh co, capable of raising substantial funds.

Deals for £260k are great, but they're tiny and not sufficient for a PLC trying to launch this kind of tech; and It's not even DMG related.

By the time Ballymena gets planning, there'll be better, cheaper, greener, more efficient and desirable products on the market by companies with better resources and financial backing!

Bingley.....

If PHE released this RNS to boost the SP, it hasn’t worked.

For shareholders’ interests, it should have issued it before the raise to stop the SP dropping like a stone and limiting everyone’s dilution.

Retail offers, immediately followed by commercial news isn’t a good look, as it’s open to insider trading.

The raised funds won’t go far, 12 months wages, pensions and fixed overheads, won’t leave much for development work, testing, modifications, sales events/presentations or general marketing activity.

As for the ‘news’:

The £260k contract is random consultancy work, nothing to do with their core tech - sideshow.

Interesting Engsolve isn’t mentioned separately?

Ballymena is stuck in the planning application process. Expensive studies, no issued permits, no funding, no build – no progress. Planning approval could take 2 months or 2 years

Noise will be a big issue, it’s why they can’t have to the demo unit running all day, recycling and producing H2 – the irony!!

No mention of NH2 – so is that dead?

“Engagement,” “discussions,” and “introductions” Middle East, Australia, Caribbean, HUI, Green Gecko – zero deals. As in the past, I would not be surprised to see these fizzle out

“Ten enquiries” means nothing, could be plucked from thin air. They had 15 from the CMD zero news on any of them, not even a tepid LOI

Still no projects scoped out for an actual customer.

In summary, where is the actual direct commercial interest in this tech from a large well-funded organisation that could afford to buy one - Is there any?

CASTLE - They've got backing and funding from the Gov / Department for Transport - LMAO!! How much has PHE had in funding and grants and why?

Mr Stephens said the project had received cross-party support from the government as well as airlines, of which three have expressed interest. “It’s quite a nice moment in the industry where there’s no real pushback.” Clean Planet Technologies has received funding from the Department of Transport. It is now working with the standards organisation ASTM to get certification for its fuel to be used in planes, which it expects will be granted by mid-2027. Mr Stephens estimates it could be used by commercial airlines by the start of 2029.

Has anyone of note shown the slightest bit of interest in PHE?

Have a look on the PHE website, tells you on there, give or take a few million, but they have more than enough to keep the SP down for years to come

But there is so much selling pressure here, it doesn't really matter what they do, it's the other 90% you should be worried about.

The investors at 0.002 will want out asap at circa 0.003 for a quick profit. The institutional investor at 0.005 will no doubt be keen to get out, after being sold a pup, losing them 60% of their £1m plus investment.

Then you have the people who paid a lot more, that will either write this off or just sell it scraps before there's another raise.

Not looked in for a while, but a lot of smoke and mirrors here. The fact they're not saying how much TAO they have has to be very worrying.

Certainly not performed as well as some of the other co's in this sector.

@Thatslifebro - I seem to recall you being uber positive on this, and buying in quite a lot higher than the current SP, has that changed?

Yes Castle, shares go up and down!! Depends when you bought.

ITM - 12 month performance - up 364.11%

HUI - 12 month performance - up 132.80%

PHE - 12 month performance - down -60.87% - fact is you bought from 9p and down, so you're down 99.98%

Unbelievable Jeff

Can't make it up!!

I don't agree with the practice of shorting, personllly, I think it should be banned. That said, this was a golden opportunity at 0.005p. Would be sat on a very nice profit for very low risk!!

Castle - there's a lot of questions you choose not to answer, maybe give them a go!!

Well done Castle - it was due to close at 4.30pm, take a bow!!.

Funniest thing, your 'imaginary money' won't even contribute to PHE's coffers, as you're to thick to work out how to take part - TRUTH & FACT!!

LMFAO!!

Have a good weekend, try not to lose any money before Monday!

Castle - not long ago when the SP was 2p , those 30m shares sold so far today, had a value of £600,000

Todaym they're worth £60,000 - that's a 90% drop!!! - FACT ;)

At the same time, you were promising this would hit 5p or maybe 12p - FACT - There we are than!!!

Castle - explain why it matters if it's the Whites selling or the people who own the other 4.05 billion shares in issue.

The vast majority of the shares, 90.5%, are not own by the Whites, so why are you so fixated on them and a TR1 that you have promised for the last 13 months?

You do realise that the vast majority of shareholders might be selling? A few on here already have!! 30m so far today, I missed yesterday's total!!

What is your point?

White Family* consisting of: – 426,652,959 / 9.54%

* Serena White-Reyes - 211,459,086 / 4.73%

* Josh White - 114,893,873 / 2.57%

* Ben White - 95,300,000 / 2.13%

* Howard White 5,000,000 / 0.11%

Castle - You are the reason I look in here - FACT

The reason PHE is screwed is the lack of a single sale, nothing to do with it's shareholders - FACT

Do you understand the benefit of you taking part in the fund raise / retail offer, VS buying on the open market, and why that isn't good news for PHE?

FACT 😂

I’m not sure much is rigorously enforced or even regulated when it comes to AIM these days.

Technically it’s a standard term for being a director of a PLC, so it is enforceable. Nomads are meant to keep directors in line, but they could also be report to the LSE for any wrong doing.

Thanks Bob, it sounds like nothing has changed then.

I'm amazed Zamboni is still walking the streets TBF!!

I hope it does for everyone at some point.

If there's news tomorrow, or anytime soon, that would probably constitute a breach of the directors fiduciary duties and those to act in the best interest of shareholders.

Diluting the company at such a low SP when it's known SP affecting news is on the horizon, would certainly be a breach.

It increases the chance of insider trading.

If this does happens, then good luck to the board!

This quick raise will at least cover the cost of liquidation fees, enabling PE and Engsolve to buy the company and tech back.

It should technically go to closed offers and I'd have thought HUI and or HW would be interested, either together or separately. As major shareholders, the Whites would get a heads up, but maybe they see it as defunct tech now?

Just spotted this as a high riser today and I was surprised to see it's still going. After all of the problems with the auditors and share suspension, plus the grey clouds over ZAmboni's creditials / antics, I thought it would have gone under.

Has any got a spare could of minutes for a very short synopsis of what has happened over the last however long. Don't worry if not, too much might have happened to keep it short.

Hope things turn around, as I know a lot of people lost on this because of some dubious behaviour and a good friend's no longer with us, who invested here. ATB