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Foxyjoe, you are one of the following...
1. A paid deramper
2. You are talking the share price down as you have a contract for difference or a spread bet.
3. If you're not a habitual liar and you really are invested here, and you have spent the last few years with literally 100s of posts with every single one slamming the company, and indeed your own investment, and without selling Eqtec all those years ago when you started on all your rants, then you have been shooting yourself in the foot. So number 3 on this list makes you a complete imbecile.
Foxyjoe said: 20 outta 21 stocks on my watchlist up today . No prizes for Guessing which POS was negative as usual ?
That's amazing you have 20 other shares on your watchlist because the only share you have commented on for the last 4 years is Eqtec....540 posts exclusively on Eqtec for the last 4 years? Yes, 540 posts without reference to a single other share. That's a serious problem.
Computer909 said:-Palumbo's ultra financing and the refusal to cut overheads is the problem, and that cancer on the company needs to be cut out at the AGM !
And these are the facts taken from RNS 20th November 2023:-In alignment with the new funding, the Company has undertaken and will continue to pursue reduction of its operating expenditure. Although the Company regularly reviews and targets cost reduction, it has over the past six months taken additional steps to reduce the use of third-party services and advisors, reduce director and staff costs and maximise the application of costs to projects with secure revenue and protected margins. As part of these reductions, the Company will reduce or defer its total remuneration payable to directors and staff in the near term, over and above the reductions to director remuneration previously announced. In total, the Company is advancing operating cost reduction measures to save the Company, together with measures already implemented, in excess of £1.5 million per year, from the beginning of 2023, until revenues and cash flow are sufficient to support a return to growth and accommodation of a larger portfolio of projects.
And Computer909 has the gall to call other people liars and dumbos???
As per the recent RNS:
"...Operational requirements centred mainly on non-EQTEC equipment that appeared to be in good condition, even according to the relevant manufacturers, but which for various reasons were unable to run consistently. ....These challenges have now largely been surpassed....The plant now finds itself in a strong position to operate continuously and is due, after some significant maintenance, to restart in April 2024".
These challenges have been overcome, and lessons learnt. Italy should be running continuously right now. In the USA, Northfork is next to go online very very soon. Blue Mountain is next on the list, with many more similar projects in the USA, all with similar feedstocks to Italy. After the Italy experience, getting these plants up and running will be a walk in the park.
Spain plant has been running continuously for over a decade, Italian plant now running continuously, Northfork in the USA is in the final stage (hot commissioning) and will be running very soon. All coming together very nicely
Ireland projects are also on the go. From last years interim results:
· In Ireland, the Company announced on 25 July 2023 a collaboration framework agreement with Irish development and project management company Domi Ost Limited, for deployment of EQTEC solutions into Ireland, especially for RNG, hydrogen or other advanced applications such as ethanol or methanol. The Company confirmed that the parties have identified four projects for joint pursuit, one of which is now under active development.
To quote Computer909's own phraseology:
That dumbo C909 liar through his teeth is coming out with yet more bull sh.t. Nobody can take this smirking idiot liar and the steaming pile of dung he writes seriously. If Donut C909 was a dog, he'd have been put down years ago.
Your words, not mine.
Just give the constant rudeness a rest C909. And try and get your facts straight before posting.
Scrodingerscat:
I should check rightinvestor's previous posts if you think he's being sarcastic. Trouble is this board is so full of doomsday naysayers that when someone says something positive, it can't possibly be right.... can it?
Lol, listen to you lot. 'Burren Inspirit energy are marvellous even though they are going nowhere and have nothing Boy', and 'visiting I'm a gasification expert host', 'C9 everyone is an idiot 09' and 'foxy I wish I was getting their money, I'm so jealous Joe'. Well, boys and girls, it's time to stop sitting there all day typing nonsense and go and get yourselves a life. Oh and visitinghost, if you're such an expert on gasification, isn't it time you stopped wasting your life on here, you should go out and advise companies like Phoenix Energy and Idex who obviously don't have a clue what they are doing and have stupidly never come on to lse for some helpful hints, and help them save their millions?
So the uninformed rubbish keeps being spouted from posters that really have nothing better in life to do than trashing a company they know nothing about.
I commonly hear the good samaritan cry "oh we are just trying to save new investors their money". Well how noble of you all, but you could go and save a lot more people a lot of money by going and standing outside Mcdonalds.
I also hear "But I'm upset because I'm invested and my investment has gone down". Perfect, so then you come on here and see how much further you can talk your investment down? A great plan.
I really can never understand why there are so many people that take so much pleasure from seeing other people upset, but then if Elon Musk and Mark Zuckerberg can be so childish, then I guess a lot of our esteemed posters on here can feel justified in their selfish and belligerent behaviour.
So visitinghost, the Bod invited you around for an expensive meal out to woo and impress you, and then proceeded to tell you that Italy will never make any money? In your dreams fella.
This chat board is just such a cesspit now with the likes of visitinghost and all the others (you know who you are), there is just no point in coming on here.
Computer909 said:
"The point being made is the once again JVL has made some flippant comment "Spot the difference" like some blubbering social media idiot."
I guess it takes one to know one, you've certainly had enough practice
T group messages
05.01., 13:56 „IMO:Another 51x10m all before April? Great times to buy.“
05.01., 14:44 „Altair Group Investments with shares to come later at 0.45 being less than the 0.5 placing and able to sell equivalent ones from original 0.09 - 0.25 days looks about what most would do. Looking forward no doubt, to the days when above 0.45 for 70 continues days.”
05.01., 15:55 “Covers the loan and still has interest being paid up front to settle calls. 660m shares coming.”
Then Computer909 3 hours later on here
05 Jan 2023 19:02
‘Probably Altair reducing their exposure back to pre-loan amount, if that is happening it’s basically a placing via smoke and mirrors, and DP giving his mates at Altair a back handler to boot”
According to the latest figures, cineworld are 8.8 billion dollars in debt, and they have 4.3 billion dollars in assets, plus cash in hand of 131 million and also some working capitol of 1.6 billion, so if they sold everything for book price, they would still be in debt, in fact according to the most recent accounts every share everyone owns has a net debt of 40p attached to it. Yes, every share that exists is worth minus 40p, that's with all the debt and assets taken into account. So if Cineworld were to sell the company for a cash bid based on assets alone, shareholders would get nothing. And this is what is stated in the RNS, clear as day, ignore the RNS or see positives in it at your peril. There is no long term future here. And don't think it can't happen to Cineworld, it has happened to the likes of Woolworths, Debenhams, Thomas Cook, the list goes on. All the shareholders with these other companies thought it couldn't happen.
There is plenty of short term trading and plenty of money to be made here for the people that have strong constitutions, for the next few weeks it's going to be volatile, but ultimately no lth is going to come out of this with anything apart from a worthless share certificate
I agree, I can see nothing in that RNS that says anything to holders apart from you'll lose all your money. How anyone can see a positive in there is beyond me. I've basically lost all my money here.
I think what ought to be done is that there ought to be a virtual Cineworld sharebase, sort of like Cinecoin, where people can still keep trading and ramping Cineworld even when this disaster has ended and Cineworld are no more. Cinecoin anyone lol?