Member Info for semaphorRed

"I’m sure most shareholders are counting down the days until these agreements are signed."

But unless the putative signatories of these agreements are *also* counting down the days, you're asking for disappointment. Setting yourself a target of getting something signed " in the next couple of months" is not precision prediction of an event.

"Are you suggesting the CEO of the company doesn’t understand how long it takes to make a business deal?"

I'm suggesting "two months" in common parlance isn't usually spoken to elicit a day by day countdown. Man is PB going to get a shock when he meets his shareholders.

This may very well lead to that, including with funding. There's a good summary on Reddit.

"if jm has the time to go all the way to washington to be a panelist for 90 mins it shows to me not much is going on with the projects."

if professor fred ramsdell has time to go to sweden for a 90 minute ****tail party to collect his nobel prize for medicine it definitely shows he's making no progress on his immunology research.

makes about as much sense.

"investing has two sides to the coin, some are bulls, some are bears"

Investing does, sure. But con artists have a third side - lies. Like the_adams and that other one. I just hope some innocent potential investor isn't caught up in their manipulative nonsense.

"TOM (yuck)...said"

Tomco is an essentially unstaffed company that is only technically a going concern and basically dormant. They have no information or influence paying attention to. This is reflected in their share price. You could acquire their entire market cap for the price of a 2 bedroom townhouse in a smart part of London.

Because it's unmoderated. Really. We're not that bad, you just need a mod. I'd take the conversation to the shareholders forum plus Reddit (because it's public) but you'd have to make the effort initially to pose questions and suchlike

"Hotfinance accused me"

But he's thick as a bucket of pigsht on a brisk winter's morning.

"I'm trying too remain positive."

I feel like I'm also positive. I don't think there'll be news at or by the AGM but that doesn't mean I don't think there will be a number of significant positive RNSes in the coming months - I just feel they're more likely to come February/March.

The Royal Dutch Petroleum Company and Shell Transport and Trading Company began their merger discussions in 1907. The merger was finalised 98 years later in 2005. They had in excess of 7 lawyers working on the deal but were utterly bereft of mentally stunted online commentators with memories that failed to stretch to the previous year when, in the case of Quadrise, MSC indeed took upwards of 9 months to successfully finalise commercial contracts.

I agree that the AGM won't be particularly important, coming so soon on the heels of the IMC presentation and the new CEO appointment - I don't expect any significant news or even new details beyond what we were already given last month.

"I got a bit irate at reading some enthusiasm from AKHM -"

But he's allowed his own enthusiasm, no?

"this has been the worst investment ever"

It's been the worst investment that's still around, agreed. The majority of AIM stocks I've followed over the past decade have gone bust, usually taking a few grand of mine to the grave with them. However I'll agree that this is the most frustrating investment I've owned. In defence of the company, they are also by far the most ambitious company I've owned with by far the biggest hurdle to overcome. This isn't a typical "we own a gold mine, buy our shares" AIM company. It's trying to revamp the global heavy fuel supply. The frustration is because we've been seemingly so close so many times - the typical AIM company would've thrown in the towel a decade ago and there'd be no more frustration, no more internet boards, just a sour memory but we keep raising money from believers and keep signing massive contracts with massive players (but not commercial ones so another heaping pile of frustration) and rinse and repeat. And every time it seems like it's the end, a global player or genuine client expresses genuine interest and we come within a hair's breadth again of untold riches. Now, handing this almost going concern over to such an experienced CEO, 99% down the field, to pick up the ball and slamming it over the line, well - if he can't do it, it's not doable.

"At what point do you feel a sense of shame and embarrassment"

I imagine they do. They've also had the outsider perspective of hearing from third parties that contracts are about to be signed, they then communicate this to us, and the contracts are either signed or not. Your criticism of JM is probably very well founded, PB's statement that trials should be contractually linked to commercial roll out seems obvious (to me in hindsight) and JM should have seen this or if he saw it should have implemented it and didn't. In some respects we're at the mercy of the juggernaut third parties but in other respects we're not (if they want to test drive our product we need a commitment that if they like it they'll buy it) and I imagine JM hasn't been brave enough to make demands of them. I feel we (he) has been pushed around by Maersk, MSC, KSA etc and hasn't had the sales accumen to manage the process with strength. PB seems like he can. But I suppose we'll see.

"would constitute trading in shares or, indeed, insider trading."

It does constitute insider trading since it provides a benefit - however, obviously, not all trading by insiders is illegal and I'm confident this isn't illegal insider trading.

"Out of interest SR when would be a legally accepted time to release an RNS now"

Unfortunately, other than closed periods, there's no hard and fast rules. Big companies ask their compliance or in house counsel. Quadrise will rely on their NOMAD for advice on this.

Why would you care, you don't own any shares

"Annoyed I have only just seen this RNS may have grabbed a few more before the bell. If there is no RNS early next week then it could be our last opportunity at this level"

I don't believe this is a signal of a truly imminent RNS - that would be illegal and we've had decades to spot illegality of this type with Quadrise, it doesn't happen so we won't be getting a positive RNS for, let's say, 3 weeks (random number). However it *is* probably a sign of a more general kind of insider view of positive developments in the company because try as they might, an insider like Mr Hill will always have a better perspective of the fortunes of the company than we do and insiders aren't *always* disallowed from buying or selling the company's stock. So, yeah, in my opinion a non-specific but still eminently positive signal for the company.

Yeah, he's calling the bottom and I'll join him.

We've just got a new CEO who brings new contacts, ideas and momentum to the company while at the same time, we're too early to announce any of the results of this talent injection via RNS. This leaves the share price in a rare spot - drifting lower because of a technical lack of news but with the positive news only lacking due to the recency of our CEO's appointment. It's an exploitable niche of what seems like a rare, artificially low share price.

"economic illiteracy"

It's not that. It's that they can't possibly comprehend being wrong. But wrong they are and the country will, dramatically, pay the price for their ideological dogmatism. And yes, that includes whoever still fits into the increasingly small bracket of their definition of "working people".