Where we are19 Dec 2018 10:37
Hi Guys,
Deferred shares acquisition clearly show us that the deal engineering began 12 months ago. Deal appears to be very complex and sophisticated. This all been planned then and Monday’s RNS is only another little step in the plan. The value of the share is 0.4p however these shares are limited in certain aspects. Let me extend it:
The company doesn’t have millions $ for the deal secured or costly cash for reverse integration so in my view the Deferred Shares will be traded as part of the exchange. These shares are valued at 0.4p what I understand Richard can provide these as ‘exchange for something’. These shares having no any power until match the conditions in the deal – for example 2021. This effectively means these don’t do the dilution until criteria meet (for example time - 31.12.2020). This is still not clarified yet but I have emailed Richard about).
What we know about the deal or party is nothing, we know the ‘deal engineering’ is ongoing and what is certain Chinese side have cash. These are mainly very rich companies and always have a plan.
Interview yesterday revealed for me the fact that deal won’t be by the end of the year. But it may be in weeks. Everyone is tired of the current situation and looking at Richard – including him. I know it is long but it is not for quick money but for large money.
Current situation divide us well however I would suggest everyone don’t act in emotions as these decisions are mostly bad. Don’t let manipulate yourself – not a single investor, TR1 holder and even company Director (Bob McDowall) knows anything now. Whole jigsaw is within Richard’s mind and believe me he is capable to deliver the master deal. Yes, I know – you heard this hundreds of times. I am also dissapointed but still trust him.
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