Member Info for shamI89

Never underestimate the power of "twitterati" look at Rms, having said that I am surprised that Fowler has not announced a msc contract to be done and dusted with placing.

Their shares at 5/6 would be happy to take part in placing knowing fully well that if somebody was stupid enough to pay 5/6 he will happily pay 1.5/2 to "average down" giving them another chance to make 40/50% profit.

Whole hype was created by BOD that they have found a "magical product" which has potential to generate millions, some well known p&d merchants on twitter were employed to push it and they did the job.At the very top all directors sold their shares knowing fully well that product would not be money spinner and company is running out of money so a placing is coming. BOD even warned that "additional funding" is required but private investors paid no attention. Now very same p&d merchants are pushing it again to get rid of placing shares.BOD has raised 6 millions on the back of this hype and that is enough for one year. I guess some masks would be manufactured to pull wool over investors eyes and that is it.

Explains why Tops and co were pushing it yesterday and day before as I suspect that they were forward selling their placing shares for 40% profit.

Who has told you about this "rumour".

Going through RNS I see that company has raised 1.2 millions and last week had a cash balance of 702k, so it has gone through 0.5 million in three months, assuming that this product is going to be certified in January , it would lose more money .What if cerification process is dealyed and will company cope if it this product does not generate enough profit or is not sold as expected.

Ok let's say it pays 22p a mask, why would it pay more for this mask and what is so special about this one?Secondly what is production cost of this mask and what sort of profit margin is this company looking at ?Thirdly would we need masks when vaccination process is about to start?

I can buy one for as little as 35p a mask from my local pharmacy, having said that I am sure it is making some money and has not bought huge quantity.So if we count for whole margin why sort of price would company be looking at?

Not really 4 ply is a different thing and market is full of them.You can buy a disposable 4ply mask for as little as 7p this is how much NHS has paid.

Google 4 ply masks and you will get the price.Who will pay £10 for a 4 ply mask?

Company needs extra money and is figuring out ways to get additional funding. 4 ply masks have passed this test and how much money can company out of them when NHS get similar for 7p?

Created to sucker private investors in , twitter "influencers" and "bod" pumped it hard to get out at top and private investors have been left with nothing but hot air.

Pension defecit is a problem here as in my opinion this company would have to increase its contributions .But that is not it , it will also need to reduce it to a manageable level.I thought in August that company is in better position as it was looking at 10 million profits out of which it needed to pay 2.8 million towards pension defecit as that would leave it with 7 millions extra . However now company is in a tight spot as after paying its pension contribution, it hardly has any money left .

How much is company looking to raise in your opinion mate?

In my opinion placing would be voted through but if it voted down then forward sold shares have to be bought back and that be an interesting scenario.Today volume is low so we have not seen any sells like Thursday/Friday.They need volume to sell their placing shares for 5/10% profit .

Who is selling 250k worth of shares when YA/Riverfort have same amount of shares as before.These are placing shares in my opinion.

I don't think these new "iis" would stay , placing shares are being dumped so that tells me that a lot of shares have been forward sold. PF certainly knows about it as well. At this stage company is breaking even and a new msc contract would turn it into a profitable company but PF is somebody who cant be trusted.

There is nothing wrong with your projected "short squeeze " model but it wont end there as company has run out of money and riverfort/ya would have brought down price to this level any way.In my opinion placing is better than taking out a loan from bucket shops like Riverfort/Ya. Having said that PF has a history of destroying share holders value , somebody posted yesterday and he has raised 40 millions in ten years and has very little to show for it. Some things like Ebola crisis and American sanctions were beyond his control but some wounds are self-inflicted. Right now we can hope that in not so long time buisness would start generating enough profit to be able to feed Fowler's clan .

Placing shares are being forward sold , where do you think these 25k , 15k and 20k sells are coming from? PF tends to pacify shareholders by announcing a contract , ideally he would announce a contract first and then do a placing.

@13martyn13 ,these lot need buyers to keep the price at thus level, so share dumping stops for some time,new buyers jump in thinking it cant go any lower , share price goes up and then dumping starts.Rinse and repeat.