Member Info for swervington

th i believe I saw eventual funding upto 500mill so if that's correct then we really have only barely started this journey.I have removed my stop limits for my main account and my trading account , as i can't see this retracing much now with so little time left.

This funding has a chance of all landing at the same time

it's probably Benny trying to get his average down. LOL

I have just checked and what i was thinking of when I mentioned the 10 mill minimum earler was the placement facility which could run along side it not as an alternative to it.

Swerve

Strategic Investment Under Current Funding Round

 

The board of directors of Tintra (the "Board") is pleased to confirm that further to the announcement of 30 November 2022 (the "Announcement"), that it has received the subscription agreement under the current funding round for US$10,000,000 (the "Subscription"). The Subscription has been agreed with the Family Office of a Gulf-based investor. The Subscription will be made through a new special purpose vehicle (the "SPV"). The Subscription has no conditionality, however based on earlier funding rounds taking longer to close than anticipated the funds due under the Subscription are contracted to be received within 45 days to enable the establishment of the SPV, at which point an update announcement will be made.

 

The Subscription is for 684,594 new ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares"), priced at 1178 pence per Ordinary Share, at an exchange rate of £1.00:$1.24 (the "Subscription Price").

 

For each two new Ordinary Shares purchased under the Subscription, the investor will receive one warrant to subscribe for new Ordinary Shares at an exercise price of 504 pence per Ordinary Share for a period of five years, conditional on either the market capitalisation of the Company exceeding US$500,000,000 for a period of three consecutive trading days or a future funding round being concluded with a post-money valuation of US$500m or greater (the "Warrants"). A total of 342,297 Warrants will be issued under the Subscription, once the funds are received.

Benny you have never ever engaged in any discussion,if you had we would all welcome you and anyone else for that matter.But you avoided purposely any engagement,which is why myself and many others resent you.The only olive branch I will give you,but I feel you don't deserve it is,prove to us that you really can change your ways and actually engage your self in conversation dialogue,whatever you choose to call it.Not your normal vile bile you normally spew out,like your continual 30p statement with nothing whatsoever to back it up. This is the best and only offer I can give you.Its upto you now Benny.

Swerve

I thought it is 10mill minimum off the top of my head

you proved you are in the wrong by having all the posts removed twice now.So there may be a glimmer of hope for you yet. We will see.

Aiden I don't like him turning up here pretending all is ok whereby it clearly isn't and i did apologise to all the decent people on here for my actions.But I feel he needs to really know what we all think of him and that there are better ways of doing things.

you've earnt it.Its you that should hold your head in shame the way you go about things.You are despised on here for your actions along wi h your lady boyfriend.There is much better ways of going about things.

1 person has paid £2

My apologies aka Muppet .I totally agree with you. They are both moronic wasters.

it's time for the 2 stooges from the muppet show. Obviously there relationship has soured.

avct might not make even 20p if these latest tests dont work again .How much is it costing them.Probably more funding needed which is more dilution coming over there.Worrying times for you Lloyd.

Lloyd when is your next avct rns coming these test can take months.More waiting more pain more promises. Results should hae been delivered months ago.Worying times ahead Lloyd for you.What if they don't work again.Ohh dear ohh dear.Must be depressing for you

Lloyd theres a decimal point in front of it ..330p you must be pulling your hair out mate.More tests so so sad. how long will these tests take ,clearly not working properly

hey Lloyd got to have extra tests they've got to up the dosages sounds like it's not working too well Lloyd on avct.330p incoming over there.Sell up before you lose all.so so worrying times ahead.

c'mon draig I feel for him with all that despair going on over at avct he needs some timeout to get away from all that chaos .Worrying times ahead for him.

worrying times ahead Lloyd more tests plus that miniscule rise. I feel for you mate 30p a definite possibility.

Avct didnt rise much Lloyd on supposed great news is it a dead cat bounce now worrying times ahead 30p incoming.