Member Info for steve58

Deal doesn’t look right imo.
Small amount received.
Loan to continue to make any cash calls and keep the lights on.
No mention of any reimbursement of past expenditure.
I assume someone wants their success fee.
Wouldn’t be surprised to see the board resigning soon given what they have done or haven’t done in four years.
We have lost money on the deal as it looks.
Still have a million or more to pay prolific.
Of course the deal still has to be voted through by shareholders if any are still here by then.

The deal is so bad imo that they have to take out a loan to meet cash calls until completion.
This has to be repaid of course.
Usually is this type of deal we would be repaid some of the past costs but this seems to be missing.
We mustn’t off course forget that another company probably gets a success fee for all their hard work in brokering the deal, whilst the directors seem to have done the usual for their money.

Losing a few million on the deal.
At least 2 years to wait for our final instalment.
Can’t see many shareholders getting too excited about the deal.
At least it will keep the lights on given the slow trickle of money coming in.

Good morning Chris.
An absolutely awful deal imo.
Haven’t we spent close to $20 million on it to date.
We enen require a loan to see us through until completion.
Utter farce imo.

I assume we have losses of $20 million plus which another company would find very useful.
Could come into play and sp would respond accordingly.

Another attis helium one type transaction maybe.

Just watched interview.
All looks on track for signing this month.
Looks as if Saudi Arabia could come on stream before Ethiopia.

I've worked it out at about £30 return for every million shares for every £100k received.
We just have to wait and see..

Excellent interview.
Some of those figures mentioned are huge.
Mid cap status in 18 months if not sooner imo.

As far as I see it a members voluntary liquidation will happen.
Any debts get settled and the nxt tec shares will be held by the liquidators until such a time they can be monetised. Any monies received are then distributed to shareholders in relation to the number of shares they have.

I have 20 million shares so am hoping to get something back.

All looking good.
Mid Cap mentioned good to hear.

It seems we have a crap business all round.
Update was dreadful.
Basically identical to the last one except the quarterly figures were updated.

Seems to have disappeared.
Just like everything else with this company.

Seems the £2 million drawn plus the £3 million from helium one shares has almost been squandered.

Morning Chris.
Some update.
Beggars belief.
Just what are they taking shareholders for,

Afternoon Chris.

Back in a couple of weeks ago but a very small amount compared to a few months ago.

Is anybody checking that our bod are actually alive.
Dead directors cannot do any work.
The problem is ours would have a problem justifying if they actually do anything other than promising so much and delivering almost nothing.

The volume of share trades does the talking.

News tomorrow, anyone’s guess.

Have they actually got anything to update us on.
Apparently the wording for the update has been outsourced.
Still only one AD plant running.

Mustn't forget 1000% is 8p.
About £500 million mc.

Good morning to you.
I had a reply from the board last week.
MVA still going ahead albeit slowly.

Nxt tec projects still look good to me.

Got a reply from my e mail.

Members voluntary liquidation still going ahead.

Albeit slowly.

Not sure if he will like my reply.

He could see that myself and probably many other shareholders are far from impressed with their performance.