Member Info for VINCE72

I just remember myself being so ingrained with the QFI , now QED hype. Trawling articles on various opportunities that seemed a good fit for our product. Hypothesising what could happen will happen and didn't happen.You get sucked into it. But my eyes are wide open as to the absolute garbage that comes out of QED and the reality of what is said and didn't happen.

I wouldn't waste my time any more arguing with the Fonz if he can't or won't acknowledge the fact that the progress over the Past 18 years has been absolutely woeful and that not one damned thing that JM has said other than a project ( UTAH) which isn't his project hasn't happened like he said it would then you're wasting your time. Just block the goon.

The motor yacht will be built for Vertoro by Focus Motor Yachts under a recently announced collaboration between the two parties to develop a new sustainable fuel for luxury yachts. The yacht's fuel system and engines will be designed to run on fuels produced using the Company's bioMSAR™ Zero technology to combine CSO™ and other biofuels. Under the JDA, a land based testing programme to investigate the performance of both premixed and blend-on-board bioMSAR™ Zero solutions will be carried out prior to testing on board the yacht.

Again all this utter garbage, building, testing, testing, meanwhile you can get some additives to add to your fuel that gives you instant savings and placate your conscience that you're doing your bit for the environment.

Https://shipandbunker.com/news/world/478049-carnival-cruise-ship-takes-on-100-biofuel-at-rotterdam

Meanwhile in the shipping world , other companies, be it cruise liners or container ships, opt for less superior products than our so called wonderfuel. Which still hasnt sold a drop in 18 years.

I really do think a tipping point is approaching, I believe that if nothing occurs by the AGM, a hell of a lot of investors will wash their hands of this absolute shambles of a company.

You would think that with this new alliance and major route over haul, Our fuel would play a major role in making this cost effective and environmentally friendly.....still waiting.....

Https://shipandbunker.com/news/world/713799-msc-to-set-up-new-eastwest-network-from-next-year

Think of the cost savings they could have.

With Labour about to bring on the pain in the Autumn budget, no way am I contributing to paying JM's bills and lifestyle at the expense of my own, if nothing good is in place like I posted a few days ago.

True, only a guess on my part. But whatever the excuse its wearing thin.

The theory i like to cling onto HF14, is that its all dependent on Morocco and getting A refinery ( Cepsa) on board.

While we have a ready source of Glycerine, if you look at the finer details it also states that the efficacy of the product is realised using Vacc Residue and not fully produced HFO.

So if the Morroco trial is successful and Cepsa does come in board then we have that Vacc supply and a gateway for MSC in the Mediterranean.

I was thinking that they want as smooth a transition from trial to continuous supply as possible.

But also what bothers me is that Cargill are having profit related problems and that they are re-negotiating a bigger slice of the pie.

https://www.ft.com/content/4de2e9ec-4c81-4fd6-a77c-ba8640bcf9ff

But then again it could be Maersk, or absent Lawyers on holiday or any number of things , all of which are nothing we've thought of.

Https://shipandbunker.com/news/world/164065-biofuels-took-up-01-of-bunker-holdings-sales-in-202324

When you see articles like this and the rhetoric about how important Biofuels are as part of the mix and look at MSC dragging their feet just like Maersk always did, you wonder if its just a thought exercise for these shipping companies.

That is what they said is happening HF14, if JM isn't to look like the complete BS merchant he"s coming across as, Deliver or STFU.

I personally believe this AGM will be a landmark AGM, Either we have a monumental set of news events coming or once again it will be a set of excuses just like every other which will then just finally cause some of us who've been here a good number of years to give it up as a lost cause.

I and I probably speak for a good handful of other investors who are fed up waiting for some positive news will refuse to commit to another fund raise ( If one is needed to get us over the line for the 10th time). Every year the formula is the same, as we get closer to the AGM or a fund raise, the news machine kicks in giving snippets of seemingly positive information that leads nowhere.

Sick and tired of imminent , on the cusp, round the corner , and so close we can taste it BS.

I expect by the AGM

1) Morocco..Test, completed successfully, contract signed, refinery ( CEPSA) on board.

2) Utah...successful flow, monies incoming...MMU shipped out

3)MSC CONTRACTS SIGNED, SEALED AND DELIVERED.

4) Positive news on Asian refinery and South America

That's what was promised and that's what I expect delivered.

Ignore that link, it's an article that appeared in 2019. Just appeared in the news for MSC

Https://www.seatrade-maritime.com/shipping-finance/msc-secures-439m-financing-for-86-scrubbers

Sounds promising, but using what fuel.

Reads good when you re-read. Let's see what the nxt 3 months brings then.

I personally think the Fonz et Al are simple. Like trying to explain grow up concepts to a backwards kid. Leave these dolts to their gibbering .

Dear Fonz, you talk about people being village idiots, coming from an absolute Baldrick of a man. Of course I research other shipping companies, in comparison to what they are actually doing and what our shipping company isn't.

And considering we are supposedly in talks with other shipping companies, I wanna know who might be on the horizon and if it's true and not paying lip service to appease utter goons like you and Chequestopped who lap everything up like a saucer of milk.

The ship, that was ESPECIALLY bought for the trial HF14, what a joke line that is. The Leandra was bought as part of the 400 2nd hand ships that MSC bought over the past 4 years, it just happens to have the MSAR kit onboard.

If people had said in March that the agreement wouldn't be signed by September, you would have been ridiculed by the likes of The Fonz', StoppedCheck and SOS2019. And yet here is September and nothing.

Well Miles better get something sorted this time round, because if The Autumn budget is going to be as bad as expected, then if QED come with cap in hand for another fund raise, they are screwed.

To hell if I'm paying somebody else's lifestyle at the expense of my own.

https://shipandbunker.com/news/world/128850-bound4blue-sail-wins-dnv-approval

https://shipandbunker.com/news/world/777753-auramarine-launches-ammonia-fuel-system-for-ships

https://shipandbunker.com/news/world/522951-corvus-energy-fuel-cell-system-for-ships-wins-dnv-approval

here are just 3, showing shipping firms what's out there, they aren't gonna wait around for jm to get his finger out of his ****.