Member Info for Torino

220% up, they completely dominated Wall Street a few years back. God knows what they’ll do this stock if it catches on.

Go to the group penny stocks on Reddit, can’t copy the link. You have to be a member of the group to see it (group already has 2 million members).

Someone has flagged the company on Reddit on penny stocks, yanks joining in and this about to go MENTAL!

MM’s sitting at 0.14p & 0.15p…NT to buy right now too.

Https://www.cityam.com/tesla-ex-musk-adviser-and-classmate-among-trio-to-head-london-listed-battery-developer/

Gobble these up before someone puts this share as a tip on Reddit or stock Twits. Americans will go crazy when they realise three former senior Tesla executives have joined this company worth £10m. Yanks will send this to 1p+ once word is out. You’ve been warned.

MM’s looking for shares, can sell 20 million odd at 0.865, which is way above the mid price.

Given their connections, don’t be surprised if Tesla is one of these LARGE clients.

Hype and this part should continue the rise:

Part of the £2 million raised will be used to finalise commercial contracts for the electric drive system with a number of large clients.

Three former Tesla executives are to take control of DG Innovate, a technology minnow based in Wales that is developing next-generation batteries and electric motors.

The deal, which could be announced as early as this week, will see £2 million injected into the London-listed business to secure the future of the lossmaking company.

Peter Bardenfleth-Hansen, is to join DG Innovate as chief executive. He is chief executive of Zaptec, which provides charging systems for electric vehicles.

Jochen Rudat, who spent ten years with Tesla in Europe and played a key role in setting up Tesla in China will become an executive director alongside Christian Eidem, an early investor in the electric car company who was a classmate of Elon Musk, the Tesla founder, at Wharton business school.

The three executives, who met while working at Tesla in Europe, are said to be excited by DG Innovate’s technology.

The new team plan to expand manufacturing in Caerphilly to build “a leading green technology business”. If successful it will be a boost to the reputation of the London Stock Exchange, which has struggled to attract and retain technology companies.

Nicholas Tulloch will stay as chairman of DG Innovate and Peter Tierney, the current chief executive, will become an executive director.

Under the deal, which has been brokered by the investment firm Patronus Partners, the management team and investors will acquire a stake of about 40 per cent of the business.

DG Innovate, which is valued at £4.6 million, is developing sodium-ion batteries for electric vehicles, which are touted as a potentially cheaper and safer alternative to widely used lithium batteries if they can be reduced in size.

The group has also developed an electric drive system, alongside the Ministry of Defence, for use in heavy goods vehicles. The drive technology has a greater range, lower manufacturing costs and increased reliability than existing technology, it is claimed.

Part of the £2 million raised will be used to finalise commercial contracts for the electric drive system with a number of large clients.

The new management is expected to appoint a leading City broker within the coming weeks to put in place a long-term capital structure.

That’s amazing potential news for the company. If true, congratulations to all shareholders, it’s a massive game changer.

TrickyEFC that’s a disgusting post. Absolutely no reason to bring Neil’s mum into it, you should be better than that.

Got to look to the positives, best of luck

This will do well, it will do VERY well.

If no deal my AGM, he needs to be called out...One minute saying deal by xmas and now can't commit to deal by end of Q1.

Management only said last week a final agreement is VERY close to signed off, when that’s announced watch this go crazy, it will go to a market cap of £12m + when the scramble begins. Patience for a few more weeks is required.. I’ve been topping up while the herd chase other dreams.

And he tweeted this shortly after too:

‘Global Petroleum make no mistake the target here is 100 million market cap based on the Namibia licence and if it hits we could be in the billions. This is why the world class management team have been put in to deliver significant shareholder value and also consider other opportunities as per RNS using their huge network.

Congratulations to all holders the future is now!’

Blimey £100m and potentially even more if they hit, thats 8p for starters.

Here’s what Omar Ahmed - who owns 5% - and drove the board changes said on Twitter yesterday after the announcement:

‘Global Petroleum #gbp can't wait for this to multi bagger with the new management in place!

About time all shareholders get what they deserve and been waiting for. A company run to deliver significant shareholder value.

A new dawn for Global Petroleum awaits.’

So he’s telling you it will be a multi bagger and this is the guy who invested in GGP at 0.5p and a year later it was 35p. Follow the money and the knowledge…

The man who took a 5% stake at around todays closing price and drove the director changes. He’s also the man that called GGP at 0.5p and took a huge percentage. A year later it was 35p….If he’s put his money in here and driven this, it’s good enough for me.

Remember this license has 1 billion barrel potential…Oh and the market cap is just over a £1m despite a new board coming in that’s headed departments for billion dollar companies…And got extensive financial market experience with strong contacts.

Wow Cecilia Yu built out and headed the capital markets function at Prytek, a multi-billion-dollar private equity holding company.

Now she’s an Executive Director of a company worth just over a £1m currently with a huge asset in Namibia…Think this is the start of something potentially massive here.