Member Info for Screech777

Big hint in Paul's tweet 'Resource Market looking like it's warming up in the new year.Bit of innovation by companies on project acquisition & developm't should work!' news on a project before the 28th would be great on Caf, right I better chat over there before I get in trouble here lol.

Cam are you in Caf? next exciting one Paul looking at 12 different projects just come back from Thailand on business he's got 20yrs experience and look what he did at MTR from under 1p to 6p in short space of time.My gut feeling news on one of the projects before 28th presentation.Anyway sorry guys back to Mcc anyway you know I still have 25% left in here.

I have recently added to AST IDP and KOD and bought CAF which is way undervalued and massive potential and overhang almost cleared. My 25% could end up doing very well here but after years of trading I've learned to not get too greedy and derisk along the way.

With MCC buying in from 3.5p I decided to derisk here and I sold 75% of holding I will leave the rest to ride and wish you all the best.My profits were needed for other investments GLA

Go over and have a read up and my last few posts

Jumped in Caf yesterday looking good and Mcc yes expect we will see 50p once the gm passed.

Think we might have a blue day today

Yep 3 x £45k buys at 45.00, directors again?

I am sure we will get news soon regards our 35% interest in viet energy and 309,000 buy at 50p

Don't you just love the way this drops and bounces back, yes some of the weak lost their nerve today.With directors buying at 50p should be above that soon

And 10k buy just showed up, SP starting to bounce back now

dropping on small sells looks like usual fun and games here and I expect we will go blue later

Is on the cards will we break 50p

Basically they want to issue 150mil shares to the the director with a value of 150k so 1p each

maybe or someone in the know regards our new investing policy, unless Calvet still buying?

I hope the herd stay away lol

The proposed investing policy is set out below. “To acquire a diverse portfolio of direct and indirect interests in the technology, media and internet sectors. Investments may be made in shares, or by the acquisition of assets (including the intellectual property) of a relevant business, or by entering into partnerships or joint venture arrangements, or in units in open ended investment companies, exchange traded funds, commodities and futures contracts. Such investments may result in the Company acquiring the whole or part of a company or project (which in the case of an investment in a company may be private or listed on a stock exchange, and which may be pre-revenue). Investments may also be in any type of financial instrument that the Board deems to be beneficial to increasing shareholder value. The Company may be an active or a passive investor depending on the nature of the individual investments. Although the Company intends to be a medium to long-term investor, there is no minimum or maximum limit on the length of time that any investment may be held and short term investments may be made. There will be no limit on the number of projects which the Company may invest in, and the Company’s financial resources may be invested in a number of propositions or in just one investment, which may be deemed to be a reverse takeover pursuant to Rule 14 of the AIM Rules. The Company will carry out an appropriate due diligence exercise on all potential investments and, where appropriate or required, with the assistance of professional advisers. While the directors intend to take into account funds available for investment when assessing the amount of any investment and the spread of investments, it is not proposed that there be any maximum investment limit. The Company will require additional funding as investments are made and new opportunities arise. The directors may offer new Ordinary Shares by way of consideration, as well as cash, thereby helping to preserve the Company’s cash resources for working capital. The directors do not intend to acquire any cross-holdings in other corporate entities that have an interest in the Ordinary Shares of the Company. Investments will be long only. The Company may, in appropriate circumstances, issue debt securities or otherwise borrow money to complete an investment. The Board’s principal focus will be on achieving capital growth for shareholders.” We wish to develop a portfolio of meaningful investment positions in exciting TMI companies. It is our intention that the proposed new investing policy will allow you as existing shareholders, together with any future shareholders, to become part of a positively challenging and hopefully rewarding journey. Our collective focus is on the long term successful and progressive development of the Company. We wish to ensure that, from the outset, you as an existing shareholder in the Company understand that we will endeavour to enab

Validation Prior to making an investment, it is essential to have a clear understanding of the rapidly and ever evolving dynamics of the TMI sector. The collective experience, extensive global network and industry access of myself, Jean-Pascal Tranié and Felipe Simonsen (as my fellow Board members) provide us with a broad ranging perspective and allows us to be selective when it comes to reviewing meaningful investment opportunities. We expect to focus on those investment options which in our view have already obtained demonstrable validation within their sector, with credible and proven management teams and clear medium term visibility of accomplishing inflection catalysts that could propel them into becoming a future category leader. Conviction The TMI sectors are presently dominated by a handful of global titans and a select number of well-known vertical niche market leaders. Achieving success requires relentless focus, determination and a real proprietary edge. We expect that, when we decide to make an investment, we will wish to do so by taking “cornerstone” but non-controlling positions, typically in the range of 10-30 per cent. of the capital of the investee businesses. We therefore wish from the outset to create the right capital framework such that, over time, your Company will be properly funded and can use a combination of cash and equity as the means to make these cornerstone investments.

Resolution 1 – Adoption of New Investing Policy In May 2013, the Company’s then Board secured shareholder support for a strategy to create shareholder value through the investment of the Company’s cash assets in the natural resources and energy sectors, with a focus on oil and gas. As a result of investments which were subsequently made, the Company was deemed to have implemented its investing policy for the purposes of Rule 15 of the AIM Rules. In March 2016, given the challenging outlook for the natural resources and energy sectors, the then Board secured shareholder support to extend the policy to make investments in the financial services and financial services technology sectors. In October 2016, the Company invested £600,000 for a 16 per cent. interest in Mobile Wireless and Satellite SAPI (“MOWISAT”), a newly established Mexican company in the financial technology and payments industry. MOWISAT intends to be the first provider of fintech solutions for unbanked communities in Mexico which it plans to deliver as a mobile virtual network operator. In addition to the investment in MOWISAT, the Company has a number of natural resources and energy sector investments, the principal of which is its 35 per cent. interest in Viet Energy Ltd, an unquoted company with two coal concessions in the Bac Giang Province of Northern Vietnam. The concessions are based in the Quang Yen Basin, which currently provides 80 per cent. of Vietnam’s coal production, and are just 10 kilometres apart, potentially meaning they could be linked into a single exploration area. The Company has been notified that the project will be going in to production in the first quarter of 2017, and that Viet Energy intends to pay its shareholders a dividend of 50 per cent. of its profits. The Company’s two other investments were fully impaired in the financial statements for the year ended 31 March 2016. Further details of these natural resources investments are in the Investment Report in the Company’s Consolidated Financial Statements for the year ended 31 March 2016 which are available for download on the Company’s website. Assuming the New Investing Policy is adopted, we will formulate our strategy with regards to the Company’s existing investments once we have completed a detailed review thereof. A key part of the Board’s proposed strategy going forward is that the Company, as an AIM investing company, adopts a new investing policy in the Technology, Media and Internet (“TMI”) sectors. During the past several years, I have increasingly focused on investments in this dynamic market segment and particularly on businesses that are capable of developing into future category leaders. I strongly believe that, in order for this new investing policy to succeed, a number of crucial elements are required

Cheers, SP held well today think we will start to move again this week.