Member Info for Scharnhorst

As the boy said, they don’t need the money and this is not an emergency placing. As the price is below the placing there really is no point voting for it. If you’re desperate for more shares in this rubbish just buy on the open market.

That Bentley could work as an escape car for Ukranians at the Russian border.
The volume yesterday was mostly sales and the price went up.

If Warwick can make that sound good they really have cracked it. Looking forward to the next note!

If Jag Grewal was any good, why did they bring in useless outsider Colin King a few years ago?

“Where is the RNS of immediate fund raise you promised by Friday?”

Cottoned on yet marik? Honestly, what a wanchor.

A lot of codswallop from mcsubtracter. As if this is TWs fault. Every bit of evidence over the last 10 years says this is a garbage company. What would be best is for it to fail so capital can be invested and used more effectively elsewhere.

So what conditions are insiders needing to be met? Can’t be a good thing if they’re demanding 5p.
If conditions can’t be met I see this going bust.

"supported them with a 40p placing and nothing they have promised has come off"

That's happened every time they've done a raise. Dog with fleas.

Ha ha, you see far into the future, unless you’re referring to Bentley owners. Imagine the stress of deciding which track to play first. I don’t think I could handle it.

Love the way these Omega mugs pretend they’re experts on allergy testing in China and confidently assert non-covid business is worth multiples of current price. Omega have been trying to make non-covid business work for decades but have repeatedly needed to raise emergency funds. Yet another round was attempted in January but failed. Why have they been unable to sell food detective etc. in UK where we could see for ourselves how useful they are?

https://www.autocar.co.uk/car-news/features/car-sound-revolution-meeting-warwick-acoustics

One for boards? “Warwick, these words have turn'd my hate to love;
And I forgive and quite forget old faults,”

If Omega couldn’t generate sales in the UK during a pandemic, how can they be expected to sell in the US?

Greater capacity and expansions sounds good but have you ever actually visited the Alva site to see what they do there are are you just a desk johnny blowing raspberries through your sphincter?

Whatever they say funds will be used for will anyone believe them? look at what they said funds would be used for in the last two placings and contrast with what actually happened eg. Allergy work with IDS abandoned, covid hype a **** and bull story.

marik is full of it. He thinks an overdraft is a current asset. Jog on plonker.

They tried to get a raise done last week but failed. Who would do business with a company on borrowed time?

You don't want to be in this over the weekend.

I can see the point of bashing a share in the hope that one can buy at a lower price, but I just think this is a dog with fleas. Sorry to disappoint.

For the purpose of going concern calculations you can’t include the 2.5m quid demanded by the gov when calculating cash in hand. We know they’re burning cash and trading gets more difficult as the smell of financial distress increases. I’m not saying they’ll go bankrupt by end of March but I feel that is the end point for supporting the balance sheet before a descent into bankruptcy, or current shareholders being effectively diluted out of existence. Don’t forget the company has history of favouring instis and insiders during raises so if you’re a PI I’m certain you’ll be taken care of but not in the way you might hope.

Also it’s now known by potential buyers that any asset disposal is under the conditions of a fire sale.