Member Info for stokey12

Malachi - In relation to your 18.16 post I do not see why there should be a consolidation just because we have over 3bn shares. While a 10 for 1 consolidation would give a share price of 40p it could possibly cause issues with insufficient shares in circulation.

sharesport In relation to your 15.30 post as I understand it if the news is capable of moving the share price it cannot be published while the market is open. That is why you have announcements between 7 - 8 in the morning. I think the reasonig is that if you do it while the market is open the people trading atfter the annoucement would hv an advantage over the ones trading before the announcement.

The only reason I can think why we have not had a RNS is that some of the answers to questions posed for the EGM would mean disclosing potentially market sensitive information. In that case the RNS will come at 7am tomorrow or after the market closes tonight.

cp00 In relation to your 14.54 post it seems that you have seen the complaint areyou able to share the whole document for us to read? I tried to get it using PACER but I am waitig for the token to do a search.

Following a post on another board I checked Google Patents and it would appear that PHE has three patents filed with a pubication date of 4 September 2019. Does anyone know how to view these patent applications. A link would suffice.

Daveness In relation to your 11.38 post the costs you mention will be met by the developer or site owner and not by PHE.

daveness - The £500k annual license fee is not a mistake the gate fee from a 35 ton per day unit is 35 x 80 x 350 = £980k The fee from electricity is approximately 86 x 60 x 350 = £1.806m. So not including any income from hydrogen the operator of a DMG unit will make £2.786m.

I think the most interesting thing coming out of the general meeting will be the answers to the questions subitted in advance.

Dr.Anomaly In relation to your 09.41 post the quote you give is consistent with my post of 09.40 and this quote from the 23 December RNS announcing the proposed takeover ' The acquisition would be in the form of a non-cash transaction using PowerHouse shares to acquire the whole of the issued share capital of W2T, at a ratio of 60% PowerHouse to 40% W2T, with 87.5% of the Powerhouse shares issued in exchange for W2T shares being locked into a no-sale agreement for a minimum of a year, and orderly market arrangements for a further year.' If allthe takeover shares were to be locked in from the begining then you would only need to say a 2 year lock in period.

Dr.Anomaly In relation to your 09.35 post 87.5% of the shares are embargoed for a year. Then there are controls on the amount of shares that can be sold for anohter year or so.

Remembering that I still have shares in Eqtec can I play devil's advocate for a minute. Everybody is assuming that because this claim is in the US it would only affect business in the US. If Aries suceeds in California then Airies may use that judgement to apply to have the grant of the Patents that Eqtec has set aside onthe basis that they are not novel. I am not an expert in IP so I amnot sure if that is possible but I am throwing it out there as it would seem strange tht they would only seek to protect thier Patents in the US.

The share price has a habit of going down on news about the takeover I wonder if today will be different.

Anyone who wants to read the actual claim should follow this link https://dockets.justia.com/docket/california/caedce/1:2020at00484/375575. I am not sure if you can register to access the file from outside the US.

Until this matter is resolved I am putting any further investment in EQT on hold. I did ask EQT if they had a copy of the claim but are declining to provide copies.

I am concerned that the distinction between the technology being used by EQT and the PHE technology may not be apparent to everyone causing today's sell off.

debcashew - In relation to your 11.09 post if Yoel Aleman was working at or for Aries then that might be a problem. An employee does not as I understand it automatically own the patent or IP rights to an invention made in the course of his employment.

fluffyjoe In relation to your 08.37 post as someone who is invested in both I would suggest taking the long term view.

Simms45 In relation to your 08.31 post havng done a quick google check on the company I am concerned that this may drag on and depress the share price for most of this year.

american lawyers do not come cheap so there will be a hit on the mney raised by the placing. I am going to ask the company for a copy of the complaint in case one is heading the way to PHE which I also hold shares in.

superbarnet In relation to your 14.15 post of yesterday I have just checked the commons from this page https://www.parliament.uk/about/faqs/house-of-commons-faqs/business-faq-page/recess-dates/ As the Commons is not due to go into recess until next week Wednesday any announcement can be either this week or next week Monday or Tuesday.