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I heard they have already fitted the system to 200 boats, but if I am wrong I stand corrected.

Every now and then the market gets it wrong. I think they assumed it would just delist, and apparently, that is no longer the case. Those that made this assumption had a lot of history on their side, and the odds favoured them, but now there is a clear price to pay for getting it wrong. I think that those who are looking for a 10 bagger may be a little conservative if the shorts have to be covered. Further, apart from Gary Smith, very few, post-dilution and post-consolidation will have meaningful enough stakes to stop the rise by dumping. Someone like LT, if he retains the shares, will have less than 1% post-dilution post-consolidation. Even if he dumped the buying would probably absorb it quickly. A lot of people are also looking to get in on this maritime opportunity I think, including institutions and companies planning to use its services. One penny, dilution and consolidation adjusted seems reasonable although one will have to look at the terms to be sure. That would value the company at about 70 Million GBP which in the scheme of things, post stimulus, is not a lot of money for a main market listing. Lets see.

Agreed Kmack Guardian Maritime security could end up being a "one-stop shop" for all things concerning maritime security, with alarms, low level, and high-level radars, sonars, to detect mines, all sorts of items could be sold on the banner.

I would expect some kind of update before delist in May - probably containing a firm timetable

SAS MOTO "He who dares wins" . Garry Smith is sitting pretty with 320 million shares as is anyone who loaded up before suspension. I am expecting a big payday on re-flotation

Maybe Stevens believes that Gary Smith who allegedly has experience in Maritime security is a good fit as part of their team.?

good to hear hopefully he will come back on the bb when this thing refloats and tell us this himself

I think he sold out at or near the bottom when the price swooned and suspension was inevitable.

"I don't think you can say either that it's two tranches of 1m or nothing if the target isn't met".

What I am saying is that if they don't make it work the 2 tranches of 1 million shares will be worth nothing they will be unsaleable . The 6% percent royalty will also be worth nothing if they don't sell the product.

All their getting is 350 cash the 650 in shares will be worthless if they don't perform
the rest of the deal won't apply if this bombs. So its up to them really to make this work.

correct although the key issue is what price the 650k will be issued at and what price the stock will be in 1 and 2 years. Also, the point to make is if they don't hit certain sales targets, not disclosed, then they won't get any shares. If they don't sell the product they won't get any royalty fee, so overall the team is well motivated to succeed especially since the CEO has 320 million shares, possibly more, if he took up some of the placings.

I doubt the 650.000 GBP will be at 0.0002p as that was the price for the emergency rights issue to cover the deal costs. The 350. K will be at the price determined by the institutions backing it since shareholders are unlikely to stump up.

Its 650 000 GBP in shares for the GMI paid upfront, presumably with a lock-in?
Its 350 GBP CASH and 2.000000 in shares on the 1st and 2nd anniversaries for the GBI at the market price at the time
The GBI also has a rider of 6% royalty on sales up to a maximum of 1 million GBP

YING TONG

YING TONG ITS 350 K NOT 650 K !

The GBI Consideration shall be satisfied through £350,000 in cash plus a deferred consideration of up to £2 million through the issue of Ordinary Shares, of which up to £1 million will be issued on each of the first and second anniversary of Main Market Admission, subject to the 12 month and 24 month post Proposed Transaction closing sales performance of GUARDIAN meeting stated growth targets. A six per cent cash royalty will also be paid on the net cash received on sales of the GUARDIAN product up to a maximum level of £1 million.



The GBI Consideration shall be satisfied through £350,000 in cash plus a deferred consideration of up to £2 million through the issue of Ordinary Shares, of which up to £1 million will be issued on each of the first and second anniversary of Main Market Admission, subject to the 12 month and 24 month post Proposed Transaction closing sales performance of GUARDIAN meeting stated growth targets. A six per cent cash royalty will also be paid on the net cash received on sales of the GUARDIAN product up to a maximum level of £1 million.

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There is no specific correlation between BTC and UBECOIN, even though, had it been trading, I suspect it would have drifted up. Nevertheless, there is a definite backdrop of bullishness towards crypto in general, although whether this enthusiasm has permeated itself to Australia, where UBE CORP is headquartered is not known? Even so, amongst the projects that are traded on the crypto exchanges, many are "early-stage ATLTS" and a lot more work needs to be done to get these schemes to be viable. Bitcoin will also need to develop its infrastructure, although its community is more established than most. Whether the current directors of UBECORP are entrepreneurial enough to get this UBECOIN project re-started is not however known, so we must await developments/fundraising efforts. Free trade barter however is looking a little dated right now and this will need to be revamped and re-launched with thousands of merchants before it can be a success. Let's wait and see.

I am guessing you dont have many of these golden tickets left SECRET BLUE PRINT? Its a pity I topped up just before suspension increasing my holding X 3 at around 0006. Bit of wild punt at the time but I had a hunch that GARY SMITH knew something or could do something with this. Again a total seat of the pants hunch but it seems to have worked. Looking for 30 times my money when this opens and settles down.

well personally i am cautiously optimistic that a deal will be done although with Covid clearly the board have had another obstacle to contend with. Its a case of running towards the May deadline and seeing whether the necessary financing can be found, as well as of course asking the dear shareholders to stump up for an emergency rights issue, however unpalatable that may sound. Naturally, it will cause dilution, as will and RTO, but the alternative is being struck off and the end of the "golden ticket" dream that so many on here hoped for. I suspect that those peddling these lies have long since gone off in to the sunset but it would be ultimate irony if something good were to come of this company and they missed out. Lets see what Novum, Strand Hanson, and the Board can pull out of the hat in the next 3 months.

The outlook for BTC/ETH and a select group of ALT/DEFI coins is indeed rosy but one must remember that there are thousands of ALT coins that never actually take off. Many of these languish on numerous exchanges with derisory volumes, and little interest until the exchanges themselves either have an "exit scam" or get hacked. For a coin to become popular it must have something unique. an active development team, and preferably, in today's increasingly hostile regulatory environment, not be a "privacy coin" Free Trade Barter/Ube coin did not have the market penetration, to become popular, although an alternative marketing strategy and improved tech it might work at some stage in the future. The game plan is to appeal to professional investors and get some backing at some stage for further marketing and development. Its hoped, that some of the legacy issues have been resolved, that the company can resurrect itself whilst the crypto theme remains popular and cash in on this opportunity. Good for the directors, good for the token holders, and good for the investors/and future investors.

Maybe MFDEVCO will come back out of bonna vacancia and bid for NUOG.? Can MCBEV answer that one?

As I understand it they did not set up a meeting, so how could they not show up for it? The matter was one of no interest because the company under discussion was unattractive, and their staff were already seeking other employment, or someone said. The other reason was that it was simply in the wrong sector, NUOG declared that is interested in recycling opportunities, not oil and gas. Black bear was oil and gas in TEXAS. Nuog's cash position will have been helped by the CORRONA giving it government grants, so I think they have to May, hopefully.