Member Info for roger65

Has anyone managed to get to the bottom of the Avion conundrum yet? They hold the P140 US rights and yet they don't appear to be moving in any way at all on it. Funny that, if it's 'truly groundbreaking'. Oh Tim, how we laughed. Anyway, you got money in the bank so well done you. Quite some tall stories were told and in time they will discredit your reputation even further.

Ask any holders at Incanthera how they feel about trust in their CEO.

Jay Mehta is the CEo and his own holding here is worth less than £3k. I just can't think why. Even the Director with the largest holding - Jeremy Allen - only has less than £50k worth. Bit odd that isn't it for a company supposedly about to wrestle back control of a £160m asset. Surely they would have bought in over the last year? Oh no, hang on....

'They recently appointed a new director, Marty Martin who has experience at highest level '

Highest level of what? Dealing with industrial legal battles in India? Oh yeah of course he is. duh

Nearly at a penny so by end of next week this will be back to where it started before all the nonsense and the p & d crew got hold of it. Mind you at least they will all be gone well before June 8th

And lots of them!

JT71 sells:buys 2:1 says I'm right and you're full of sh.t. On yer bike and leave people to assess the situation for themselves. I'm pointing out some unpalatable realities. Your posts are just a litany of one liners eg 'Here comes the bounce', 'mms are filling large buy orders' bla bla bla. Utter crap

Well it's obvious to those willing to open their eyes adn actually see what's in front of them. This current ramping crew are deliberatley in and out trying to get themselevs on a free ride I suspect so if it does go t.ts up the loss won't harm their interests. But the constant ramping is designed to very deliberatly ensnare other more gullible retail investors. After two days of endless ramps but 9 consecutive days of this going down and down they are STILL at it.

The CoC consists of numerous entities including a consortium of banks. Why MPL wouldn't pay the debt they owed is anyone's guess but they left it and left it until the CoC determined either they couldn't or that the numerous creditors would be best served by engaging with the Adani Group, who let's face it are like Goliath compared to MPL.

The real question now is why are MPL wasting any further time on this? It's a lost cause trying to get the Indian CoC to overturn a decision and very rarely happens. I'm wondering if MPL's play isn't to actually take back the asset but to try and squeeze out a small settlement payment just so that the Adani Group doesn't have another publicity gaff on its hands. If they are lucky then they may be offered £5m but out of that they will be asked to pay a share of procedural costs. That's the only possibility imho for a positive outcome. Talk of the decision being overturned, Adani Group's Resolution plan Approval to be reversed and then resintigating MPL as the rightful owners, and then finally they cough up all the money for the debt they owe is just fairy tale stuff. Not going to happen. Wait for this to get back to 0.4p and then throw £100 at it just on the off chance that million to one result lands. Any more and you're a fool throwing money away.

the people ramping here are day traders. If you were an investor you would either have sold out already or written off your shares.

Here comes the bounce. Posted every single day by this clown and his crew. Beware. It’s a dead cat bounce if ever there was one.

Er definition of a ‘trend’?

Last two weeks nothing but down. And you say there’s is up. It’s very definitely heading lower and none your crew’s posts are having any impact on mms having to take it lowere and lower. Last half an hour today could see a sudden drop to below a penny imho

JT71 keep em coming please. Makes for an amusing morning watching yr posts land. Utter nonsense. Every one a winner. Roll up roll up…

And then I read up on the real situation. What’s the mcap even now just two weeks later? They’ve already lost £ms in value owing to more and more peeps realising this is a total no-hoper

Have you read any of the back ground on this??

There won’t be a settlement. The CoC has already approved the funding proposal plan from the Adani Group. This hearing is to determine if the Indian authorities have acted improperly. If they concede they have, then they have to reverse the Adani approval and THEN reinstate MPL as the rightful owners of the asset. It’s just not going to happen. A long legal battle is the only thing that can happen here and MPL cannot possibly afford to take The Adani Group on in their own back yard. Not only are they likely to be on the wrong end of the decision on June 8, but they might also end up having to pay costs so far from gaining out of this sorry episode they could well end up paying legal costs and lose a major chunk of even their current small market. Once everybody decides to jump ship. And they will once it all becomes clear how this is going to play out.

That ‘support level’ as you call it is wafer thin.

Hopefully 86 there aren’t any readers here stupid enough to not raise you’re a pumper and dumper. How can you confidently post here that this is going to 3p bla bla bla and then admit ‘every knows the risks’? Duplicitous twat. The chances are far higher that anyone who bought in on the recent spike is going to lose a huge % of their investment/punt. Fact.

The hearing on the 8th is only the first step in a potentially long and adversarial legal battle. First they’ve got to persuade the Indian authorities to admit to misdealings. If successful, which is highly unlikely, they have to get the decision which approved the Adani Resolution Plan overturned. It’s just not gonna happen guys. Give it up and stop fooling other pis into throwing their money away on this. Talk about chasing rainbows.

You’re squealing like a teenager about it being blue but it’s more than 25% down in just the last 5 days.

The trend is your friend as they say. Anyone you encouraged to buy in since the big pump will be well in the red

Sorry xpert-in-nothing, when didb you say this was going to hit 3.5p??

Sub a penny in a matter of hours I feel

Utter blx being posted on here by some. The crew is relentless too. they are desperate for you to buy so they can get their next trade out. Don't fall for it. They've already done well with two large pump and dumps in the last couple of months. Now they should leave it alone and stop trying to fool everyone.

'Run will begin once the 1.50 buy order is filled that’s for sure.'

'Think they let this go in the next hour with some volume.'

The Cup and Handle is a classic technical analysis pattern that signals a bullish continuation in a market's trend.

'There is a turn around story here with the new opportunities to come. '

It’s going down and you know it 86KB , irrespective of how ever much bs you post here. It’s poised to slump imho, not fly! Once it’s back to 0.4 or 0.5p I reckon it will be worth a small punt. All down to the vagaries of the Indian judiciary which is hardly considered the most reliable or fair legal system in the world. They will close ranks and protect the Adani Group and MPL will end up with nothing.

And how is the’ perfect cup and handle’ doing 86KB?

Looking a bit misshaped now surely..lol

I don’t have to so anything Jezzab. The sp is dropping all by itself and you’ll get a much cheaper entry soon. Wait another few days and it’ll be sub 1p. But it could fall much further they have confirmation at the hearing that they will lose their asset