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I take it that the "pleased to announce" is because the board will continue to be paid for the medium term?

This smells fishy to me. It is as if the share price has been kept low to accommodate an investment at a bargain price. At least it is out of the way and we can move forward with what we have.

EvRiderz have been using Verditek in Thailand since late 2020. I take it that they are also suppliers to the expansion in South Africa.

Roger when the Metrotile order is announced and it comes in anywhere near 200,000 euros you will be able to sell at far more than 1.5p. Add news of a small pilot order from the MOU in Thailand and we will be cooking with gas. 2 financial years ago this company had a turnover of less than £30,000 . An increase of around 15 fold in 2 years is not bad going. "from tiny acorns do giant oak trees grow"

Have been looking at some nice hotels in the canary islands for an October break. When the metrotile order is announced I am hoping to pay for the holiday from the profit I make when selling the top up shares I bought last week. I am at the moment typing with my nose as they will not allow me to take the straitjacket off on Thursdays.

On a more serious note, things do not seem that bad. There have been a couple of lukewarm attempts to drive the share price down but no serious selling. The last 3 pieces of news have been each less than a month apart, so if this is a pattern we could hear something next week? This would coincide with the main holiday season coming to an end.

A very interesting link. I was negative on the MOU but now I am having a change of heart.

The Metrotile order is due soon and the share price rises roughly three fold from that time. It would not surprise me if they are receiving monthly orders and have not bothered to inform anyone. If metrotile come in with an order north of 200,000 euros then the share price will surge. Until that time and with the lack of any other news I cannot blame people for selling.

2 large sells, share price should move down now. The lack of news is making this easy to drive the share price down.

There you go. Share price has just moved up.

Roger everything is fine. I think you are looking at the trade by trade price. The actual share price has not moved. A couple of good buys so far today, things have calmed down nicely.

I see your point on the news. This company likes to announce "big news" and has a track record of ignoring the "bread and butter" news. I am quite sure that directors would love to buy in at these levels, but to do so would open themselves up to accusations of market manipulation for their own benefit. From my own point of view there is nothing to be concerned about. I will focus on the facts rather than respond to rumour.

Just to get rid of this silly "placing" nonsense. The company raised £500,000 in secured convertible loan notes which was announced on the 3rd of May. The "shorters" forgot to say this. The company has already raised additional funding without the need for a placing.

May I remind people of what the company have actually said " The company have adequate resources to continue in operational existence for the foreseeable future" and "may need to raise additional funding in the NEXT 18 MONTHS". There are a small number of people that wish to gain from the fall in the share price by mere rumour. The company is right to remain silent on these rumours and treat them with the contempt they deserve.

Roger I totally agree, to drop the market cap on such a small sell difference seems to me a little extreme. Tomorrow may be very interesting. We will see.

WOW someone just sold 65pence worth of shares and the price has dropped. The difference between sells and buys is less than 1.5k and the share price is down nearly 10%. Folks I have no clue what is going on here.

"shorters" someone has just bought 8 shares for 7p. Vultures are not known for their bravery. Are you sitting there sweat running down your brow, hand trembling over the buy button. What are you going to do?

I will say that there is a "near term chance of additional orders" That means there is no "guarantee" of orders just the same that there is no "guarantee" of needing additional funding. The company is right to mention it though. All the "shorters" have to buy back the same number of shares at a lower price than they sold at to book a profit. We all know what will happen when the first ones ( or clever ones ) start to profit take.

WOW a placing?, delisting? what next. Maybe a sex scandal or that someone thinks Putin is a major share holder. All the really nervous people have already sold at a loss on nothing more than rumours. The "shorter crew" need more sellers for their plan to work. On a lighter note ( no pun intended ) if a company that makes solar panels cannot keep the lights on, then they are in trouble.

I should add that the market cap has taken a beating and on paper some people are down by a large amount.

£25k of share sales is nothing in the big picture. True it is moving the share price down and some people will make some money but it is the large share holders that the board will be keeping in the loop. When the herd starts to stampede on a "fear" it takes a little time for things to calm down.