Member Info for TPKart

Okay so no one ever likes fundraising via share issues, so I completely understand everyone frustrations. This company really has underperformed considering the all time high (intra-day) of 19p. There was so much promise when those orders started coming through back in 2020. Then it's just been pretty much silence for a whole year, give of take the odd factory theft update :/

But looking forwards from here, IMO it does look like they are ready to turn a corner.

Here are the positives that I can see:

• New joint venture between distribution partner Bradclad Group and Proton AB (the second largest, single ply roofing membrane supplier in Europe).
• Proof new product is wanted & needed: "Verditek has secured the first commercial order for a Single Ply Membrane Roof project in the UK." They've had their first sale of the new panels, and if they can get the word out more sales will follow.
• Increased exposure to larger markets coming in the next few weeks!"at the request of Protan AB, samples will be delivered over the course of this month to 35 of their European sales representatives as they roll this product out across the continent." I don't know what kind of sales team they Verditek themselves, but they obviously weren't doing a great job. Now they'll have Protons team on the case, who are used to generating millions of sales, and who are already established and trusted in their field, with a network of buyers already in place.
• £1.5m raised this week to keep the ball rolling and fund new ventures.
• Director investment: Gavin Mayhew purchased 20m of the new shares for £300,000. He will have an idea of what is around the corner, and wouldn't invest that kind of cash if it wasn't looking rosie.

Potential up and coming RNS updates:

• New order updates resulting from the new JV with Bradclad Group and Proton AB.
• New orders from elsewhere now we've had proof of purchase of new product.
• New Generation 1.2 panels Certification. When this comes through we could see a positive move in the share price as Verditek will have a new high class product to sell and "will open up potential markets for solar roof-top applications in the UK, Italy and Australia."
• News from the collaboration" with Metrotile, who are developing Verditek solar panel solutions for their roof tile products. Both these opportunities enhance the potential for commercial growth in the lucrative roofing sector."
• Potential news from about licensing out their tech "to a larger scale, automated plant and we have received expressions of interest from others to build similar plants elsewhere in the world."
• News about potential success of new products being developed with Paragraf so they can expand their product offering.

Update and news has been very quiet over the last 18 months, but I personally expect to see a lot more little red dots at 7am coming up, and things to get a lot more exciting in the coming weeks and months. As ever I'd be interested to h

"suprised we haven't gone up 10%"

It will when the shorts are forced to close their positions soon.

Haha Canary I'm assuming you are joking there.

It serves those big greedy funds right opening shorts on this when it was in the low 70s. It also highlights two things, the arrogance they think they they can make even more money shorting a stock that's already down 90 percent from its all time high, and also that these funds can also make wrong decisions. The money is being managed by humans (at least partly) after all! It probably won't bother them too much losing a few 10's of millions on the most recent shorts here though. They probably made hundreds of millions on the way down from the peak.

They have also said that it could be suspended as early as next Thursday.

"As announced on 29 March, the Company has until 30 June 2022 to report its full year results for the period ended 31 December 2021, which is also required in order for the Board to continue progressing potential financing and strategic options. The audit process has not yet been completed but is in its final stages. In the event that the Company is unable to report its results by this date, trading in the Company's shares will be suspended."

Any people new to investing here, just be careful. Obviously any good news and it will fly, but there is also a chance trading could be suspended in as little as 3-4 working days. Don't be tricked into thinking its "easy money" and a no brainer. It's very risky.

I was thinking 85-87p finish, it could break out if it goes much higher than that.

Going into auction to buy now...

Looks like they got it wrong here (unless they closed their position yesterday?)

I’d say opening a short on a share that’s down 90% from its all time high is very risky. Those big players do get it wrong. There’s so much more upside potential here.

Now let's see if we can break 74. :D

I personally think this is way oversold and will steadily climb from here. GLA.

Hi Jamrock. Doesn’t seem to have support? There’s support at $20k.

Well done you Mr. Clever clogs. But just because you have made a few correct calls it doesn't mean every call you do ever will be correct. That's the mistake many people make. Thinking that because they've made a series of good trades/calls that they will continue to be correct every time. Until they aren't....

I don't normally comment on this board, but I've been around long enough to see plenty of people like yourself picking out random figures to suit their agenda. It works both ways remember. Oh hey I think this is the bottom and then BTC will go to $100k, and ARB will hit £5 a share in the next few months. See what I did there? ;)

Just picking random numbers out of the air there Chaebol. Classic haha

Yeah same. Lots of buys there

This is not quite the reaction I was expecting upon the launch of the new tests I have to admit. Maybe it's because the RNS is very abrupt/not great detail. It pretty much says "we're releasing the new tests and they will be for sale on our website". I have to admit I'm disappointed, not just in the share price reaction but the information in the RNS that we have waited a very long time for. I feel like we should have been given more on how they plan to market them, and perhaps some longer term goals and objectives in relation to what they are expecting from these new products.

FINALLY!!!

Haha you’re funny

Actually i’m slightly wrong there, in 2018 it averaged closer to £4 per share.