Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Been a long time since I've posted here. If memory serves me right the warrants expire on the 8th.
this is main market listing (4 months) not aim (6 months).
https://www.londonstockexchange.com/stock/SCGL/sealand-capital-galaxy-limited/company-page
https://www. otcmarkets .com/stock/ALPGF/overview
somebody will provide some facts that can be verified in the public domain without doing some research. Until then, I will continue to wait for the next RNS.
Well done giles on your accumulation.
Four months of sh?t gone through.
AIMHO.
07:00 rns 44p takeover bid.
12:30 rns 66p takeover bid.
15:30 rns 92p takeover bid.
16:00 rns April fool!
Hope everybody is staying safe and waiting for the jam to arrive.
LOL! I know just giving an alternative view
May luck be with you all!
from 02DEC2019 RNS:
The warehouse entity has the sole purpose of borrowing funds to buy SLS Assets, which in turn will sell them to the entity #that ultimately issues the bond or to the investor acquiring an assembled portfolio of policies.
and GS mentions "other strategies".
So we are waiting on RCF which by value involves a large asset manager(maybe Blackstone with director link, but could be anybody). What are the other strategies? Would Blackstone fit these strategies, again maybe but the strategies are not known.
So in summary, waiting on RCF for $100m with a UK based asset manager, thats all we know! Lets hope we get news before the coronavirus wipes us all out and nobody will give a sh*t except the media can say we told you so!
Happy valentines day, bring the massacre on!
thank me for four, see if anybody was paying attention. well done stokey!
So peel are so confident of the merger taking place that they know take control of the first four sites. Says it all really!
that link gives 404 not found. I did notice they are trying to sell a north sea asset so maybe they are also UK.
Now they've got the quarterly report out the way a 7am RNS would be a nice belated birthday present.
probably not Blackstone, US based asset manager.
02Dec19 RNS extract:
After many months of engagement, the Company is now in the final stages of securing a revolving credit facility up to a $100,000,000 with a leading UK asset manager. The discussions have progressed well whereby the Company and Asset Manager have now agreed life settlement valuation methodologies and acquisition strategies.
Enjoy the day Giles
If true makes sense, check jason sutherlands bio on algwplc.com. Surely everybody has researched the directors.
Since when is the warehouse SPV late? Still in WEEKS until 2nd February and I'm not American!
20 minutes of my life I won't get back reading this dross.
You've got to laugh.
funny how things turn out.
£75k at 0.001p = 75 million shares, same as last year.
Gobind dated the AGM document 13JAN2020, why no RNS announcement?
Should be a fun week.
That's me done with all this sh*t.
Wait for document detailing everything as the land value will be critical in valuing W2T.
Also, will the grant be lost if the first unit is not sorted by the end of March.
Well good luck everyone!
IMHO Piltick is correct, how can PHE value W2T before grant conditions are met!
rns regarding grant:
The £1.25m grant is to fund purchase of the thermal conversion chamber, a core element of the DMG® hydrogen from plastic waste plant and will be subject to the DMG development at Protos achieving planning approval and funding by the end of March 2020.
Oh I forgot they also have the land the site will be on!
A reverse takeover would only occur if the Assets of W2T exceed theassets of PHE.
How much are W2T assets worth. From memory they owe 500K and have the grant money £1.5m to be used for the furnace.
Issuing 1.3b shares at 0.005p values W2T around £6.5m.
Alternate: bring in the institutions with 500m shares at 0.005p raising £2.5m OR at 1.0p raising £5m.
Pay cash for W2T £2m. W2T can then pay there debt off, distribute the remaining cash to W2T shareholders who can then buy there shares in PHE with their own money on the open market like us pi's.
Don't think that's going to happen as the trough wont be big enough!
http://pumped-or-dumped.com/rampchecker/rampcheckbytidm.php?search=ALGW
Take out the hyphens and have a look further down the page there's a list of handles:
Stretchum at No: 1
HullFC4ever comes in at No: 12
I'm at No: 143
Does this mean we are all pumpers and dumpers or just a message count for the board?
What a useless site and I guess that's why its filtered.
howmanyfools,
many thanks, I knew I'd seen it somewhere.
So authorized: 126,635,000 + 75,000,000 = 201,635,000
I did wonder what "subject to certain conditions being met" referred to and the share authorization makes sense. Like you say the AGM should be in February. How high can they get the SP by then? (2.25 today)
GilesFitzh. from memory one month I believe?