Member Info for SutekhsSocks

Many companies use that address but it does very much firm up the information flowing around at present.

M

This is good value at this price. News I would expect in the next 10 days.

Iafyds has entered in a Memorandum of Understanding ("MOU") to invest £2.1 million by way of convertible loan into a retail business operating in a clearly defined sub sector of the leisure industry. Henderson has, in principle, agreed to advance the £2.1 million due to be invested by Iafyds by way of a convertible loan bearing the same terms as the convertible loan to be made by Iafyds. The Board of Iafyds expects formal Subscription Agreements to be entered into between (1) the Company and the owners of the target business and (2) between the Company and Henderson before the end of February 2015. Following this the parties will work towards an early reverse takeover, and in any event before the end of July 2015, at which point it will provide a further update on the publication of an Admission Document including full details on the target business...... So something is happening but not much for Vphase casualties.

I can live with 10% - topped up 1 mil at 0.045 earlier.

That spread is ridiculous. Still a strong buy.

Just topped up - hoping the Wolfsberg factor has a major effect

Might be wrong but given last weeks sell off - I think those in the know now believe this to be an ex parrot.

Given that PIRI now hold 13% I think a top up is in order

So have we all been shafted again?

PHC up 12p this month

Investee company Plant Health Care up today.

Net assets are currently 0.25 pence per share and at 14 March 2014 cash balances were £1.79m leaving net assets virtually unchanged over the calendar year at £2.43m (Dec 2012: £2.45m). SP of 0.14p is a steal.

about 37 million I think

whats going on then? Why the drop? They've still got a few bob left to invest and Rame is good. Whats the word on Redmond ?

Anyone assist? Am I right that this company has about 100k in the coffers minus costs since the last results and as yet no investments or a sniff of investments? Not much trading going on!

I know this company is a bit backward at coming forward and that WSX is less than they paid for it but the NAV is still 0.25 ! Worth investing even without any news.

not dead - just doing all the paperwork to arrange the screwing over of existing shareholders. Then it will be back with a bang! But my several million shares will now be about 10 if I'm lucky! Strong buy haha. Sorry a mite depressed about this one.

As a considerable holder of wasabi I too am disappointed at the recent slide. However currently the share price is tremendously good value. Compared to other stocks, wasabi has owned property and rights. investments to dispose of and incredible potential. If you strip away the recent major sells by long term holders and come at it from the point of view of a new investor I believe the SP should be at a much fairer speculative price of double what it is at present. All things considered I am confident that Wasabi wil be successful and advise all new investors to buy at this price and to all existing holders I urge you to take up the share offer for long term profits and to counter the eventual share consolidation when they are in a profitable situation. For new buyers this is worth a lot more than you can buy it for now and for existing holders make the most of the this price and put away in a draw for 5 years.

Although up and running the plant is undergoing commissioning and so cant really be stated as such until it is signed off. Either way that is good news. The medium term flotation of WNEA is a big earner and holding 50% of SSNE just backs the value up. Then don't forget the long tern IPO for AAP Carbpn in Africa and the increasing value of the investments in lignol, aqua armour and cleanteq. Then there are the nearly completed plants hopefully to be mentioned at the AGM. Alll in all this company is potentially massive which is why like yourselves I am in this big time. There are wobbles at present due to the 4m payment for imperator due at the end of November. I am sure John has all this in hand and the next week should see the funding in place.