Member Info for Sanboy

Yes you can fella ;)

Access you can but cant on Apex

San

I wonder if anybody in the TG group has questioned the daily sells? Plenty more coming

San

See there are a lot of us in IT here. Depressing :)

San

60k and 25k sells this morning. Wonder how many more are left.

San

So i dont think this payment will be the concern, but i think the next may well be if the SP is still low.

San

Nice volume today. Wonder what caused that?

San

Ahh ok.. So guilty of having the same surname. Not sure it makes much difference to the position here unless the connection could potentially damage the reputation of the deal

San

Bit lost on this fathers thing.... are they like dad and son or something? Is that the chap who owns QGP?

San

This was my entry point for 2 million across a few tranches, but the volume just isnt for me at the moment. Need some more certainty before commiting something medium/long term. I dont like the lack of clarity on where the principal is being funded from.

San

Tedc, you would need the artificial movement and that would need to be triggered by QGP at a risk, especially with a wide spread. They could find themselves out of pocket. They need this sell off cleared asap

San

Thats a pretty strong statement there Broke. You sound like you have zero faith in this deal.

San

QGP have made money already... 100k for the deal and then a lot of shares, which they can sell a percentage each month. This was all against QMTN Perpetual Call Certificates, which have 10.5m per year interest payment. They may use the sell off to pay for the interest, but ultimately they will have to give 200m in cash at the end of the agreed term. They need the share to be significantly higher if this all plays out according to what some on here say (Im still sceptical about the 200m as cash, but im happy to be proved wrong)

San

Craw... Havent traded this since it was in the low teens. I wouldnt touch this right now even for a trade

San

That clearly shows a lack of understanding on how MM's work. Why would they be colluding. The work the price based on the order book and the shares in circulation. They make their margins irrelevant if the price is up or down. They are there to make an orderly market

San

In all honesty im not a big fan of Tom and he clearly has an agenda. However, with VLRM he has called out red flags and has been right all the time. I remember him calling out Lenigas on his dumping during the Poulden days and he was 100% right.

I feel sorry for the TG group members as many in there are nice folk and are losing their hard earned money here. They need to challenge the board and question more. They just let the free shares to the board members slide and didn't move with me for an EGM to have them removed. They were effectively getting diluted for no reason whatsover. The shares should have been issued for performance, which would have incentivised the board members.

Bit more trading activity here, but L2 still looking bleak (139k sell hurting this morning). 1million sell off cant come soon enough so the book can flip

San

L2 not looking pretty right now

San

Broker it sounds like Gary has specifically told PP that it will be in Cash!

San

Yup its incredibly confusing. Anything other than cash is completely pointless to a fledgling company. I would like to know whether the interest payments will be in cash to confirm whether there is an investment case here for me. However archaic that view is, that is the only thing that matters with small cap companies and investment returns

San

So Gary has confirmed that cash will be flowing in for both the prinicpal and the interest payments? Thats a good thing... Anything else is worthless if im being honest. VLRM need cash injection to prove market value and clear investment case for potential investors. Obviously investors will need to see return on investment through SP rise and potentially a dividend against profit further down the line.

San

PP1... Do you believe that VLRM will be paid in cash when the first tranche of payment comes in? Also do you believe the principal will be in cash also? Honest question

San