Member Info for shamI89

That GC created this drama to divert people's attention from ongoing delay and this 4 ply/ 5 ply fiasco.Firstly twitter is rife with rumours that this promising product is 5 ply and nobody tried to deny it. Then we had all sort of numbers thrown at us and then we were told this product would be 4 ply and 5 ply masks would be certified later. I suspect all GC knew fully well that he can't remove BOD and his created this drama to divert people's attention away from this delay.One mintue they were threatening eachother with lawsuit and next day they are acting like best friends who are trying to work things out.Another unknown is production cost and profit margin as who would buy these masks when disposable masks are available in the market. Global mass vaccination would surely affect demand for these masks.

Look at another company called Catane innovation plc , company announced that it was making an covid id app , it had no experience and before this total revenue of company was 150k per year. Tops and company pumped it hard on twitter and from 0.5p share price rose to 10p.It was being pumped as next big thing which goverments need to combat covid19. Since then company has raised a significant sum of money that product failed to take off but never mind compnay has formed new ventures . Compare both of these companies and you would see a lot of similarities and besides that people who have rms were behind that pump as well.

He did say that company would be producing millions of masks every month and that can be expansion.There is also a dispute as it was assumed that company wouodbe producing "5 ply masks" but last week through one of tweets we found out that company would be producing "4 ply" masks and its 5 ply masks are yet to be certified. Some people were throwing all sorts of prices for these masks .A disposable 4 ply mask is available for about 30p, assuming that retailers and shopkeepers have taken their cuts then that does not leave enough for producer, as profit could be a few pennies per mask and why would somebody pay £1,£2,£3 or £5 for a mask when a disposable mask can be bought for as little as 30p. Company does not have a product at best it can be described as idea which has more chance of a failure then success. It looked like BOD decided to jump on "covid 19" wagon, a few well known "p&d" merchants were employed and they lured in private investors.This was a illiquid stock so a little volume was needed to move it and all of mug punters got in to catch up with a "multibagger", BOD sold their holdings at very top making a killing but that was not enough as company knew it wont make any money out of this "revolutionary product " so to fund itself it raised 5 million via placing and wpuld raise 8 million via warrants. Doctor Gareth was part of it but could not sell as he gave some statements like he believes in product and would keep his holding. He knew fully well that he could not stop this placing but still went ahead with it to make it look real. I reckon his next step wpuld be to sell his stake as he cant "work" with this company anymore. Slowly slowly we wont get a mention of "masks" but tops and co would be pumping it on pretext that company has "5.5 million" and to appease shareholders no of warrants would be camcelled or reduced.

aim never used to be good but in recent years it has got really bad. We have corrupt companies, dodgy brokers and "p&d" merchants working together to fleece private investors. We have companies which have not made a single penny but they are sitting on huge valuations and this bubbles have to busrt as some point.

All major "p&d" twitteraties have taken part in placing and are "bullish " on this.Tops is yet to give his analysis and we are good to go. These are very same long-term holders and institutional investors PF referred to in rns.

"A few more weeks of placees flipping for 5/10%" coming from somebody who is a known to do something.

Going down Riverfort/YA route would have been a disaster for shareholders at this stage.

Wow, I am guessing you are on of those "institutional investors" who took part in placing.

Is it not true?

I can tell you that this longterm "iis" is bull****.Moment these lot get their 5/10/15% they would be out of it.

I don't understand spread betting but one has to be careful.In October/November somebody was shorting this from 220 and shareprice fell down to 65.Theoratically he should have made more than 70% on his trade but he ended up losing money.Then quite a few people were shorting this around 70, vaccine news landed out of blue and many of them had to exit their short positions with heavy loss. Leveraged position is great when everything is crystal clear but in uncertain times like this it could lead to financial ruin.

@beltfry17 I agree with you, think their intention was to pump it for 10% and most of them took positions around 6/7 . Placing RNS landed out of blue and most of themselves sitting on 33% loss. In these sort of circumstances tried and tested drill is to take over bb and unleash a full on pump & dump compaign on twitter .But long term "negative" shareholders and this ongoing fiasco wont let them escape them with a profit or minimum loss . It would be interesting to see how things pan out on Monday.

PF is unpredictable, Tema contract landed out of blue so anything is possible.Having said that you cant go wrong at this price, if placing is voted through then you have got the shares at the same price as placees , if it is turned down then there is a problem.

Meeting is at 8, so by 9:30 or 10 we will find out outcome.

Debt to equity swap is coming in my opinion where existing shareholders would be wiped out.

But safest bet if placing is voted through , I dont trust PF but if that multimillion contract he referred to in RNS on 3 December is real then we can see some good returns.

"Those who have sold at bottom would unfortunately regret it". Good luck

Think it used to be really simple , get in before placing pump it on twitter and then get out with a quick profit.But now quite a few people took positions around 6/7 and thought that they can pump it to 10p but placing landed out of blue and many are sitting on heavy loss.

If you believe in company then share price would take care of itself. Knowing PF, a placing is followed by a placing after placing to meet "pre-contractual expenses". This time I hope it is other way round as as we have a placing but no contract.Lets see what happens on Monday .

Lets see I think it would be voted through otherwise Fowler would go to Riverfourt/YA and that is worst than a placing.I thought Fowler had something up his sleeve to get the placing voted through.