Member Info for steveho

In good profit as well

John Gunn, the Company's Chief Executive Officer, will participate in the placing by investing £75,000. Of this investment, £50,000 will be invested by Global Investment Strategy UK Limited ("GIS") which is a 100% owned subsidiary of Octagonal Plc (OCT) of which John Gunn is Chief Executive Officer and 52.44 per cent shareholder, as a conversion into Placing Shares of an existing loan, and £25,000 will be invested by John Gunn directly in the Placing. David Lenigas will also participate in the placing by converting an existing loan of £50,000 into Placing Shares. In addition, John Gunn has transferred, for nil consideration, 18,769,200 Ordinary Shares to former investors in Disenco Limited, the company which originally developed the Inspirit technology. As a result of the above transactions, John Gunn will be interested directly and indirectly through GIS/ OCT in 355,029,580 Ordinary Shares representing 45.59 per cent. of the Company's enlarged issued share capital and David Lenigas will hold 16,638,297 Ordinary Shares representing 2.14 per cent. of the Company's enlarged issued share capital.

Could be wrong But I thought when Insp raised money in placing some time ago OCT/GIS partipated iro £50 000 ? I think it has since been written off in OCT's trading statement I think they still own the share capital though (it's all a tad murky for my liking) Good to see a fellow REM investor here obs Do you have some OCT as well as INSP ?

AJ Bell have been good for me & Halifax provide a decent service too

Ever increasing profit with no debt Where can this be in 5yrs ? Possible takeover target potential

Iron ore futures in China soared as much as 8 percent to a three-year peak on Monday, lifted by strong gains in steel prices that continued to benefit from Beijing's campaign to slash excess capacity. The sharp price increases in steel and iron ore, as well as other raw materials coking coal and coke, suggest speculative investors took advantage of upbeat sentiment for the sector to raise bets in these commodities as they did last year. The most-active iron ore on the Dalian Commodity Exchange hit the exchange-set ceiling of 657.50 yuan ($95) a tonne, its strongest since January 2014, before closing 7.2 percent higher at 653 yuan. http://www.reuters.com/article/us-asia-ironore-idUSKBN1500AV

Unlikely by February,but by year end 4p is easily achievable based purely on the ever increasing profit ....and no debt A profitable AIM company,rare as hens teeth

These spurts on the back of rising commodity prices usually last a few days

There's only 1.37% declared short Still risky as this can move very quick given the right news

Still time for a Lazarus moment yet Just needs the right RNS

Two trades of about 1000 quid took it down 9% yesterday It's a mystery

I guess it's not going according to plan,hence the tumbleweed from the company A three year investment disappearing down the drain

May 16 John Gunn, Executive Chairman and CEO of Inspirit, commented, "This financing will give us the resources to take the business forward towards the commercialisation of our appliance with our chosen trial partners. We will look to further update shareholders shortly on these installations. "This is a very exciting time for our business where we will start to implement our sales and marketing strategy to deliver the end product to our consumer.

John Gunn, Chairman and CEO of Inspirit, commented, "The challenge for the Company in 2016 is to complete the testing and field trial phases and move towards commercial production of the Inspirit Charger by the end of the year. The results of our in-house trials over the past 12 months have given us a great deal of confidence that this schedule will be adhered to and, with this in mind,

Excerpt Enertek International, based in Hull, is our partner for independent third party testing and is one of only two UK based engineering laboratories capable of fully testing microCHP appliances. The results of the tests will allow the Inspirit Charger to obtain certification for field trials, which are due to commence in Q2 2016. These are necessary steps the Company must take in order to prove its product reliable and safe ahead of market launch.

John Gunn, CEO, commented: "This is not just a fantastic achievement for Inspirit, but also an achievement for British engineering. I have to thank our committed engineering team as well as our engineering partners for their work in developing this generation of the appliance, which will shortly go into field trials and commercial production thereafter.

The boiler went for certification in January this year "Enertek will complete safety and performance testing during January and February prior to EC Certification via BSI Certification which involves testing the appliance to European Standards covering gas safety, electrical safety and thermal/electrical efficiency. Once certified to the relevant European Directives the Inspirit Charger will be released for field trials." From Dec 15 RNS What was the outcome of this John ? Can we have an update

John Gunn is the link between oct and Insp ref the board members GIS/oct had an invest in Insp ((half a million ?guess) which was written down/off in the accounts,all seemed a bit murky to me DL is gone,but I think remains a shareholder I bought these circa threee years ago average about 4p (consolidation price) bought to early as usual The good news is the company is debt free and makes good profits which has grown year on year and as such dividend payments are very on the agenda Question? Why is that director on a buying spree? I topped up on Friday after number attempts to grab some more

Guess they're still filling the directors buy order

It's been 6 months since anything meaningful Is there nothing going on ? I hope BoD are forfeiting their impressive remuneration packages whilst sat on their hands and long term shareholders are slowly getting wiped out