Member Info for red_hornet

He trolled the life out of me for months and I never appreciated made up stories, misleading of others and 12p by Christmas.

So his chickens have come home to roost.

Castle - I think most partisan people will agree, they couldn't get II funds, so this is last chance saloon and that's the best they can hope for.

If there was good news around the corner, they'd have announced it and then raised.

Right now, everything for PHE hinges on planning approval, which could take 1 month or 24 months. After that, who knows what's next, as they have no capital!

Castle - you've already lost over 30% on yesterdays purchase and more on the ones from last week - if you actually bought any!!

I wonder if the SP will drop below the offer price :)

Time will indeed tell - lets hope it's still around then!

No updates on Engsolve prior to this announcement, which is also worrying. They usually like to get out some good PR about how well that's doing, so maybe they're quiet or could be at capacity and just on target for the £1m turnover.

Would be nice to hear from Swazers, buyers still in control etc ;)

Rusty, are you trolling me?

The guys a weirdo, kicked off various boards, loves to threaten people and admits to having several LSE accounts he's currently building up, so he can ditch this one, because it's got a bad reputation and too many know it's dishonest. I blocked him because he's a liar and time waster, absolutely full of himself. Likes to post hindsight tips on NASDAQ shares when they've already shot up in after market trading, then claim he was in.

He's been called out by several people who have taken the time and effort to post on other boards, to warn about him.

Hi 15lives - I did say something along these lines, "But I do recall months back him saying a raise most likely at 0.2p"

I suggested it back around September time, as I didn't think institutional investors would take the risk any higher. I actually has PHE down as running out of cash at the end of last year, but that didn't take in to account any profits from Engslove that they'll have received in over the last 6 months. I suspect this is what has kept them going.

You have to ask PE, where is the share holder value here? 12 months ago they said no raise was needed and then raised almost immediately. Then zero progress from the CMD, having to build their own demonstrator (which they don't have funds for) and now this.

PE is probably a very good engineer, had his own successful business, but he is not a CEO.

Look at AFC Energy - they had a CEO was good at keeping the business going, but couldn't turn it from R&D to commercial. The new CEO is just a different level.

I imagine Rustybin is doing his usual I told you so, I saw this raise coming routine. He's a sixth sense for investing, surprised he's not in the same room as Warren Buffet as we speak.

How are yesterday's purchases looking castle? Another poster said yesterday, why not wait for the raise - how timely!!

I'll be surprised if they raise the full amount - 15% ish will probably go on professional fees for the broker. If they do, it could be traders, who will sell at a 20 to 30% profit, which will flood the market with shares and cap any SP recovery for a long time to come.

Clearly Lonspur couldn't raise money from institution investors, which is what they were brought in for . The research note didn't work and this should tell all retail investors all they need to know - do not touch this company?

I said at the time I thought the Director purchases were purely to try and push the SP up for a raise etc, as no news followed.

Castle has no evidence to substantiate these are 'world class engineers' (they could be?) or that the tech is world class and market leading. If you put 2 and 2 together, the lack of any interest, let alone sales, tells you all you need to know.

Each2to - kept on telling everyone they had 15 serious leads from the CMD and Anomaly was going on about all the samples they were testing, which turned out to be one company that actually gave them samples and we've heard no more.

Personally, I can't see what £650k is going to achieve for PHE, they literally need millions to become commercial and are still an R&D outfit with zero sales on the horizon.

Castle - do you mean you bought at 33p or 0.0033p?

Either way, you keep telling yourself that, as we all know you bought at 9p and down, then picked the lowest price possible and claimed it was heading to 12p 🤣

I think at best, you average is circa 3p

I’m starting to think they can’t find anyone to invest. Besides, what would another £1.25m achieve.

Engsolve will probably try and buy the patents from the liquidator and flog them on!

Is that loads or rusty in the little green box? Can you turn the coffee machine off on your way out, cheers 😂

Fantastic castle, you’re now promoting the faiths could drop to 0.0026 😂 you crack me up.

Naturally, had you no trolled me when I first started looking back in to PHE, I’d cut you slack.

You claimed to have repeatedly bought more from 0.0050 and down, so you’re in a massive loss on those.

I doubt this will stop at 0.0026!

You seem friendly with the old scouser again, what BS is he peddling after being outed on numerous boards as a liar and having several accounts 😂 PMSL - once a scouser always a scouser!

Castle, you’re making one excuse after another, when other companies are providing solutions for non recyclable waste plastics and being given tens of million in funding for doing so.

These failures are at the shareholders expense. PHE now appear to be struggling to raise funds; if they weren’t they have done it at a high SP. Any raise now will be around the 0.0002p mark, requiring massive dilution.

You’ve promised a TR1 is coming soon, yet it never does, so we assume they haven’t gone through any triggers requiring one.

As PE said himself, heating hot is something they could do, but it’s not currently a focus for them. This tech is about recycling plastic, not hot water!!

If you think that’s a USP and adds value, I’m not surprised you’ve messed this up!!

Castle, it’s embarrassing how little you know of the market and the competition.

Heating hot water? Are you serious? Is that what is going to convince companies to spend £40m with PHE?

If the product had any benefits over the competition, they would have an order or 5!

They have nothing, but the competition are running away with the market.

Telling 15lives his research is poor vs yours, is probably up there with Trumps rankings!! Hilarious

Explain!

Are you arguing with yourself 😂

Have you heard about the billions being pumped in to carbon capture?

I’m not a fan of incineration, I prefer actual recycling where possible, meaning less virgin plastic is used.

If not possible then generating something from the waste is clearly better, but as you refuse to acknowledge, there’s loads of companies out there doing this already, just not PHE.

15lives explained all of this to you over 18 months ago!

Castle - if you research the market/competition, there’s already Co’s that are receiving government and government agency funding for recycling waste to energy plants.

PHE tech is not green, hence no funding. It’s old tech, others have moved on and have better systems. Look at the sites that have recently just received huge investments, £80m in one case!!

£1m in revenue, at best £500k gross profit.

PHE employs 7 directors, no staff. That money will barely cover wages, let along R&D, fixed overheads, development work, variable running costs, professional fees and so on!!

PHE are staring a loss for the year in the face with no sign of being able to raise any funds. You have to consider if this is still a going concern?

With so much interest in the W2E sector and particularly the waste to H2 sector, it's curious there isn't more interest here?

Especially after some pointed out the positive effect/demand the war in Iran would have for these systems.

At a bit over £13m, you could buy the whole company, their amazing patented tech and make your own! Or just buy from a company already building these facilities and attracting huge government funding - hmmm?!

Yet another 12m already off loaded so far today. Clearly a pump and dump 2 weeks ago!

Castle - it won't be happy days if this goes under!

Looking at the charts, this seems to be following a pattern to sub 0.003

Instead of personal insults, why not come back with some positive company related info and why you’re still buying shares

Castle - ‘the concept is the same’

It’s not a new concept and there’s plenty of CO’s already doing it at scale with long standing, paying customers 😂🤣

Seriously, do you engage your brain before posting, oh, let me guess!!

If this had anything to do with PHE, you’d have heard!

Interesting to see the amount of new hydrogen production sites getting approval and best of all, huge amounts of fund. Odd that some are overseas CO’s!

I wonder why PHE still doesn’t get a mention, I’m sure they will any day, only be 26 years in the making 😬

Bamb, just curious about your reasoning for that? Are you suggesting companies will commission facilities of the back of this war?