Member Info for simonthezealot

I tapped out first thing this morning. In my experience with 100-1 share consolidations, the share price very rarely goes up. It is an extremely volatile moment as the share price is going from a fraction of a penny to circa 3p overnight. Sometimes there are rapid movements of the share price and often companies see this as a time to issue more shares etc etc. It sometimes attracts shorters which most of us despise. Too risky for me at this stage, but I wish you all the best with your investments. aimho. gla.

I agree with you Matt. Same old same. It reminded me of listening to a failing salesman in a boardroom, spouting out the same old story about having achieved 200 customers. The only problem, it was the same story that was spouted out over 6 months ago and nothing much has changed. Who has replaced Gee as CTO? Quite an important role, as A Chief Technology Officer (CTO) is the most senior technology executive in an organization. They bridge the gap between technical teams and business strategy, ensuring the company's technology infrastructure, engineering efforts, and product development align with broader commercial goals and customer value. So if there is nobody doing this at the moment, one would question how well they are communicating internally between their teams....? No mention of any new big signings since their temporary suspension. No mention of bitcoin. No mention of the legal case. Very brief rns, like they have nothing really much to talk about. Not their finest hour imo. aimho.

They will buy in at 0.85 to 0.95p and sell at 1-1.10p

The SP will drop below 1p imo. Day traders will no doubt be waiting in the wings for their quick 20%. Seen it so many times after offers. aimo.

As Magpie stated, it was just an rns-r. Just an update and nothing more. A lot of people are quietly loading up in the background and that is all that counts. GLA.

Good point Magpie. An RNS-R is as follows:

An RNS-R stands for Regulatory News Service Reach. It is a tag used by the London Stock Exchange (LSE) for non-regulatory corporate announcements—such as marketing messages, product updates, or general business information—distributed by unlisted or foreign-listed companies to UK investors.

The RNS system is the official channel used by publicly traded companies to distribute market-moving data and meet their transparency obligations. However, RNS-R filings are specifically differentiated from these mandatory regulatory updates.

GLA.

I have bought two more tranches today. Rude not to imho. I do agree with you though SRBS. No point BOD regurgitating the same facts over and over again, as if trying to puff up their feathers. We get it!!!!!!! We are happy to wait for flow rates. GLA.

No not at all gemstar. In fact, I have just this minute purchased even more shares. I just don't see the need in releasing these types of rns statements which re-emphasise what we already know. It is just my opinion of course. GLA.

This constant re-emphasising of what we potentially have etc is boring me senseless atm. They need to deliver our results. Stop messing us punters about and get on with it please! aimo.

They are stalling for a lot more than consolidation imo. Something is not right here. It is beginning to smell a little fishy imo.

I agree with you Rooferman. We are getting tired of being told how great they are etc etc. We want the money shot. Too much talking and showing off and not enough meat on the bone imo. I cannot put my finger on this share at the moment. There is a feeling in my bones that they are not telling us something or playing for time etc and normally, my hunches come true. I am invested in this share before anyone asks btw. GLA. aimho.

It wouldn't surprise me if they do indeed drop the flow rate results before consolidation as the share price will rise which should result in a post consolidation price of 5-6p imho. aimo. GLA.

Glad I sold up at 1.50p. Terrible rns imo. This unfortunately will retreat to the 1.20p zone. Not good. aimo.

Should her name be redhotramper instead?

How have you managed 0.029p?

There doesn't seem to be an appetite for these shares this morning. Might come back later to see if it goes below 0.03p. aimo.

Now that the opening price has been raised, I cannot imagine anybody wanting to invest in this today as where is the profit in doing so? The profit would have been made from circa 4 quid a share to circa 6 quid a share. Not anymore, so no point imho.

Only if it stays above 0.295p. Zak did mention there being a bear trap if it doesn't. I think it will retreat back below 0.03p next week and if it does, I will be waiting. Already had a good trade out of this share this week and will be looking for another quick trade if it materialises.

Hold on to your handle bars folks! aimo.

Representations: Statements of fact made by the borrower at signing (e.g., "our company is legally registered" or "we are not currently facing any lawsuits").Warranties: Legal assurances that those statements are true and will remain true, giving the lender the right to claim damages if they are false.Undertakings (Covenants): Promises to do certain things (positive covenants, like providing annual financial statements) or avoid certain things (negative covenants, like selling off major company assets).

The Facility agreement contains customary representations, warranties, undertakings and events of default for an agreement of this nature, including restrictions on the incurrence of additional indebtedness.

If you break some of the language used in today's rns, it doesn't look positive imo guys.