PRN Must Stop1 Jun 2023 10:01
PRN Must Stop
Eddie563, I posted in good faith that we were moving to RNS, you can use “lied” to rub it in, and obviously I will have to take it on the chin. But it gave you your buy-in and a price you required so obviously you will be happy (but still a sad person, in my opinion)
Anyone who had analysed the Annual Accounts, would be aware that we currently have no revenue (that will soon change) and that we have expenses for running the Business.
It is not too difficult to estimate the cash-burn of QBT and to have a rough idea as to when they would need funds.
Would you have preferred me to have not mentioned “RNS” and instead say we “need a placing”? Would that have been better for you to compute? If I had posted about “lack of cash” you would have distorted it to say I had sold and now wanted back in.
You have on numerous occasions accused me of selling on “my ramping” which is not true, and I have asked you to give me dates, but for your own reasons you ignore this request (obviously because I would be able to refute any of your miss-information)
Our Annual Accounts, I believe must be produced by Friday 30th June 2023. If you look at our cash-balance as at 31/12/22 you will be aware that funds would be required at ….. date if the Venice High Court Case has not been collected.
In the Annual Accounts, there are statements about post-year-end events. There have been a few events and today’s event (placing) will be included but when we come to the Interim Results to 30th June 2023 the cash balance will be £1 million + (a few pennies) and this will “flatter” the Interims in preparation for 2023 Annual Accounts which may have income from (well who knows, because nobody does, not even me)
At the time of posting the Bid-Ask was 1.5 – 1.55p
Throughout last month QBT share price spread at the close each day was. 1.45 1.5, 1.45 1.55, 1.45 1.55, 1.45 155,1.4 1.55, 1.6 1.7, 1.75 1.85, 1.55 1.6, 1.55 1.7, 1.5 1.6, 1.45 1.6, 1.43 1.55, 1.4 1.6, 1.4 1.55, 1.4 1.45, 1.5 1.6, 1.5 1.65, 1.9 2.0, 1.9 2.05 & 1.85 2.0
So all the “Ramping” has assisted FG in managing to get a placing away to take us to where we need to be (funded for ….. well read the PRN if you can locate it)
Eddie563 to shut-you-up, I will deist from Posting till QBT issue their News via the reliable RNS service.
RKB
PS Eddie563 why don’t you try to hook-up with LtdAxis? I am sure you would be an ideal couple. Two pees in a pod.
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