Member Info for skier1

UK has had 3 decades of "green" and "clean" energy mania and unrelenting propaganda. Where has it got us?...

Highest industrial energy prices on all of planet Earth. Second or third highest residential energy prices on all of planet Earth. A shrinking industrial base. Heavy industry, like steel, in freefall collapse. A car and van industry, like Jaguar, in freefall collapse. Fading real disposable income per household. Declining real GDP per head, tumbling below the EU average for the first time ever in history in 2025.

Great powers are made on cheap power. Just ask America (oil), Russia (gas), and China (coal).

UK "clean" energy is not there for the people. It's there for the UK state. It's a tool for more tax and more state control. It's a red fist in a green glove ✊️

That National "Wealth" Fund (NWF) is some kind of sick joke. It lost £152m in 2025, at a time when the FTSE soared +21% in a near-record year. Who on Earth pours £1.5b into a tiny niche broadband supplier, and guarantees a £240m backstop?! A quarter of a billion pounds of guaranteed cash. It's beyond belief. The auditors, and other authorities, really should be taking a closer look at the NWF.

The TRLS share price has collapsed a staggering -99.7% here since 2022!

Yup, the shares are crashing, as predicted. Funding is a major issue here. They've already tried (recently) to raise £15m, which is a huge sum for a tiny £2m firm with no revenue, and failed. They're suggesting, publicly, that they need yet more funding! If they come back for another whopping £15m placing or loan or warrants or CLNs, the share price is surely going to crater. It's possible this could tumble under 1p in the coming days and weeks.

The firm has nearly a 1,000 music artists and pop-stars on the books (and rising).

Members of the Board own 5-10% of all ATC shares, so they have a personal stake in the game here.

Good summary article of ATC's business and units.

https://www.musicweek.com/management/read/atc-group-appoints-james-patterson-coo-as-it-raises-8-6m-ahead-of-aim-listing/093092

Very interesting company. New entrant to the stockmarket. Looks hugely undervalued. Significant upside potential. On track for £80-90m revenue in 2026, but currently only a £36m marcap. Valued at just 0.4X sales. They are growing at a rapid +33% a year, in their recent results. This is a high-growth firm, playing in the high-growth direct-to-fan (D2F) music industry. D2F is when a music pop-star bypasses the major record labels or sells extra music and services and products directly to their fan-base, via personal websites or personal merch or personal VIP meets or personal concerts, such as Robbie Williams.

Can't see the point in buying for a 2% dividend, when the share price just falls -2% the very best day. The net gain is zero (0%).

UK is a post-stockmarket economy, and the London stockmarket has all but faded into global irrelevance. Every day, another company disappears from AIM or FTSE. The attrition is staggering.

Suspect the ceasefire will hold. The USA football World Cup is just 9 weeks away. Trump understands media optics, and he won't want war (bad) to sidetrack the planet's second-biggest sports tournament (good).

Around 60-95% of all day traders lose money. It's gambling, dressed up as a middle-class business opportunity 👍

As predicted, BSFA plunging down into the 1-2p range. On a day when the FTSE is up a staggering +250 points. The BSFA share price has collapsed an astonishing -90% in 3 years, and -50% in 2 days! Fears about funding, and the handbag auction revenue, are weighing on the shares. The tone is turning bearish here.

Auctions for collectibles or fashion typically place their starting bids at 30-50% of what they expect fair market value (FMV). If the starting bid is at €0.5m, then it suggests a final selling price around €1.0m to €1.7m. With today's oil crisis, and gas crisis, and inflation crisis, and interest rate crisis, and state debt crisis, and private debt crisis, and shadow banking crisis, and unemployment crisis, and tax crisis, and recession fears, and the Middle East on the brink of nuclear war, and assuming the auction is not postponed for economic or political or oil or military reasons, it's reasonable to assume an FMV at the lower end of the range. Let's be charitable, and say it sells on the gavel for €1.5m. Take away the 10-15% auction commission / insurance / catalogue fees, that brings it down to roughly €1.3m. Then, let's assume it is split between the 5 companies with some kind of stake in the handbag. That brings BSFA's share to perhaps €0.3m. Translate that into GBP, it becomes roughly £0.25m. Take away perhaps 5-20% in admin fees, gallery fees, marketing fees, shipping fees, insurance fees, legal fees, tariffs, and tax, and BSFA may not get much more than £0.2m net from a €1.5m auction sale.

Summary = a €1.5m handbag sale may only deliver £0.2m net revenue!

The fear for investors is that BSFA will fundraise the shares into oblivion. They're placing funds every few months, and the share price has already plunged -85% in 3 years as a result. If they're shifting to non-dilutive funding, that may point to more debt or more borrowing or more bank loans or even more CLNs. In today's high-interest-rate world, that could place a whole new financial burden on the company and shareholders.

Keep in mind that almost everyone who bought BSFA shares today will now be underwater, due to the slump in price after 830am, and due to the huge spread! Keep in mind, also, that UK shares often retrace back to their earlier fundraising levels. BSFA raised funds at 1p just one trading day ago. They didn't raise at 3p or 5p or 10p, they raised at 1p. Thus, it wouldn't be a surprise to see this settle back down at the 1p range in coming days. The BSFA share price has plunged a staggering -85% in the past 3 years. They're good at the science bit... not so good at the financial bit👍

They're dumping placings on the market every few months, they dumped at 1p last week while the share price was 2p, they botched a failed £15m placing a few weeks ago, which hints at more giant placings to come (2nd attempt), they botched their financial results RNS in Feb and had to issue an embarrassing correction, they're losing a hefty £1-2m of cash every 12 months, they've made effectively zero revenue so far, the handbag auction could be split between up to 5 firms, not just BSFA, and may only make a few hundred grand net at best in today's oil-crisis world. They're based in Newcastle Upon Tyne, not exactly a San Fran or Boston biotech-financial hub. Worst of all, the BSFA share price has collapsed a staggering -85% in just 3 years! That's a lot of one-way traffic... Lots of upside for the company (placings galore). Lots of downside for the shareholder (-85%). The investment case here is hard to make.

Update... It closed at 0%!

Mid-session update... it's still at 0%!

Lots of posters this weekend have said to watch OTC BSFAF. Investors are watching. It's currently unmoved at 0%.