Member Info for Sophie1

https://www.pv-magazine.com/2021/11/02/flexible-bipv-panel-with-410-w-output-from-italy/

Lol, I do read the RNS's so no idea how I missed the 15th September one.
Many thanks though

City, only being picky but I thought they had lent £250K with another £250K if Quanta meet certain criteria. I've not seen anything to suggest the other £250k has been lent yet. Did I miss something?

Upside, not 100% no, but that's probably more to do with me than you.

Many thanks for the clarity

Upside - This is the wording from the RNS, I cannot see where it says the conversion would be at MOS's discretion. Maybe its staring me in the face but cannot see it.

The Loan, which accrues interest at 5% per annum until repayment or conversion, and which is redeemable on 31 December 2022, can be converted into Ordinary Shares in QMGH ("Ordinary Shares") earlier on the following agreed basis: at a price per Ordinary Share being the lower of a) GBP0.07 per Ordinary Share, b) the price any other Ordinary Shares are issued prior to conversion or c) a discount of 20% to the valuation of the Ordinary Shares in connection with Admission to AIM or any other regulated market or on change of control of QMGH .

There is also an agreement to lend them another £250,000 subject to certain conditions being met. I'm sure there will be a stronger long term connection between Mos and Quanta

MOS do have a revenue deal with Quanta. It is worth up to £480,000 over 4 years with a minimum revenue to MOS of at least £10,000 per month. This was expected to increase MOS's revenue to an estimated £25,000 per month from April 2020. However, with everything else that is going on, mos's monthly revenue is likely to be well, well in excess of that now.

The 350W is still in the certification process. Due to be completed prior to calendar year end.

There certainly seems to be some life left in us yet. Trades picking up, albeit from nothing.
Not much to say yet, but hopefully by year end thing will be a lot different.

I sold out 12 months ago as I decided to watch paint dry for excitement.
Things starting to look a little brighter now and have taken a position again.

DJ79, they will not be able to exercise them until EBITDA exceeds £2,000,000 in one full year.

I see this as a positive. We lost £2,324,000 last year, so an EBITDA of £2,000,000 would be turnaround of some £4,324,000. What would the T/O have to go to to achieve this. I don't see the point in them issuing the options unless they believe they can get such turnover.
100% a positive RNS

Forget the price, just look at the MC, its miniscule for a company that's started to get revenue in and is on the verge of huge revenue.
Show me another company in such a good position?

Showing as biggest riser on ADVFN

I can't put a positive spin on these results as they are what they are. However, (forever the optimist) they are as you say "Grounded". Verditek does not want to fall into the trap it did last year and no good news is going to be released until the money is in the bank. We are further forward than the results show.

snip, I wasn't going to waste my time with you, but feel I do have to point out that simply stating what my view is along with those facts that are available to everyone is not "Ramping". It is simply my opinion. Look it up

DJ, I'm convinced that they simply do not want to fall into the same trap as they did last year and announce sales that may fail to complete.. That couple with (in my view) moving to smaller orders means we won't see the type of RNS's we had last year.
There is certainly a lot going on at Verditek and we will just have to wait and see.
As everyone keeps pointing out, I could of course be wrong.

I don't think anyone would disagree that should it come off then it would be total gamechanger. I just don't see it anytime soon.

This was announced back in January. I cannot believe that AF Global would maintain this tie up along with all this info on their website, if they were not selling any. Maybe Verditek are poor sellers but not AFGlobal

https://afgholdings.com/afglobal/solar/

Greentech,
I think the PV venture has proved far harder than originally thought. I don't see anything coming from this for some time yet. It would be nice to be wrong though.