Member Info for ToxicBull

WeShop Down 18% on the NASDAQ.

What price did WeShop list on nasdaq? It appears it being shorted.

Abit

By may WeShop shares can be close to $10. This will not be good for wcap holders..

These bond holders hold shares in WeShop too..

Sure wcap can use their shares in WeShop as collateral and issue new bonds.

"Due to the lock-up on the WeShop shares, the Company will not be in a position to repay the DCB at maturity. Accordingly, the Board is actively considering alternative options to address this liability.

The Company recognises the significance of the DCB and believes that resolving this liability is key to unlocking value for WeCap shareholders. The Board’s current priority is to engage constructively with the DCB holder to identify a solution that maximises shareholder value."

This doesnt sound like a rollover this time so i suspect we MAY see some dilution.

The bond holders hold all the cards, hence why sp destruction.

Who said 40p a share?

Fact the bond is secured against company assets is major blow, in the past they have been happy to extend now they see share price of WeShop and can take it all.

Traa

Expenses are low, they have enough money for 3 or so months.

The DCB it appears maybe getting greedy seeing the WeShop share price. Did some digging on the bonds they are secured against the assets.

Rather than being held hostage they could raise cash and pay them off but i would wait closer to 15th May deadline.

Its no longer straightforward extension, the bond holders have got greedy.

"Discounted Capital Bond (“DCB”)

The Company’s principal liability remains the Discounted Capital Bond, which has been in place since August 2020. At its maturity on 24 May 2026, the DCB is expected to amount to £6,965,000.

Due to the lock-up on the WeShop shares, the Company will not be in a position to repay the DCB at maturity. Accordingly, the Board is actively considering alternative options to address this liability.

The Company recognises the significance of the DCB and believes that resolving this liability is key to unlocking value for WeCap shareholders. The Board’s current priority is to engage constructively with the DCB holder to identify a solution that maximises shareholder value."

Very confident this will be sorted soon, right now mkt cap is only £6m. Our shares in WeShop of 11.8% is material and worth multiples of our sp.

Something along the line we are in discussion to extend the bonds, would be great.

WeShop is holding strong in the nasdaq..

Littlened, you have lost your money, how convenient the two directors who fought for delisting have fled ship, whats happened about aleph loan, these guys deliberately destroyed company so they could get some assets cheaply, those gas plants in egypt are worth a bit..

Last year interims were released on friday 31st jan, this year 31st is on sunday.

So tomorrow is last day for results to be issued, get the bond holder to extend loan at same time and wcap rally. Right now mkt cap is only 6m.

End of oct 2025 they had £200k cash, likely most is gone now.

They need cash, either sell btc or raise..

We warned this would happen but littlened thought the company going to prosper once delisted...

Mmmmm, they jumped ship, surely must have got nice severance.

Https://find-and-update.company-information.service.gov.uk/company/11894102/officers

Gould wanted to delist company to save money. Rofl

As soon as delisted he jumped ship, i wonder why...

These lot have milked the company.

The website is down, all those who voted for delisting are mugs.

https://www.sdxenergygroup.com/

By friday..

Get the ext sorted we go above 3p.

That what nasdaq mkt is, forward looking. Future potential..

Its great...

Https://uk.advfn.com/stock-market/NASDAQ/WSHP/share-news/Gearing-Up-for-The-Big-Game-WeShop-Announces-Elec/97703812

Looks like wcap may bag or two very soon.