Member Info for win4call

Good news if - and it’s a big IF - Fooler can capitalise on the interest and get some tasty orders on the books, not just MoU, LoI etc.

Big - probably because we had the 2.25 million CULN payment to find before June.

Whilst we might have been able to pay it from revenue etc Fooler would much prefer to tap shareholders and get them to stump up the money. This was a creative way to issue another 14 million shares without having to directly do a placing.

This is why the SP never really gets any momentum - market knows Fooler is a confetti addict with contempt for shareholders.

Good to see that that wi-Ltd is near the top on the first page if you do a google search for ‘fever detection systems’. Good opportunity here if they can play their cards right (for a change).

DHC - conversion ? Conversion of what ?

Basically River / YA have their shares so it’s not like a CULN where they convert the note to shares on a VWAP basis. They are allowed to sell these shares when they want but with limits as to how much - is that what you mean by conversion ?

Another drop. Entering that time of the month for visitation from our II ‘friends’.

I don’t think there were any trades between 14.42 and 15.30 anyway. Better to look on the London Stock Exchange website for trade info , LSE is frequently missing.

MM’s acquired enough in the 5’s and 6’s. Walk it up to offload enough then back down again to restock.

Don’t think he’s that stupid.

100k sells, yesterday and today, keep the rampers away.

Johnjojim - bit of a flippant comment saying that this only applies to the mezzanine loan bit when essentially that is the central part of the whole financing package.

We borrow 1.5 million, issue 14 million shares, get paid on instalments or those shares based on a falling share price and instead of using those instalments to repay the loan we’ll end up issuing even more shares.

Prudent cash handling by the company at the expense of another jolly good rogering for the shareholders. What’s not to like ?

Foxy - unreasoned in your note , the use of ‘substation’ rather than ‘substantial’.

Pedant, moi ?

I didn’t trust Peter not to use that facility before, even less so now.

Why use cash to make repayments when he can issue confetti at shareholders expense. Again - see why directors don’t buy ?

The Investor will have the right to sell the Subscription Shares, subject to certain volume restrictions, over a 12-month period, extendable to 24 months at the Investor's discretion. Under the EPSA the Investor and its affiliates are prohibited from holding any short position in or to forward or short sell Westminster shares.

Here for 12 months then.

Sadly I think we’ll have this for the foreseeable. The agreement is that they pay us for the allotted shares in instalments for 12 months from when the financing took place. They can sell the allotted shares but there are limits which probably ties in with the 12 month repayment plan.

Just over 6 million - each !

They’re only selling bit by bit because that was a protection put in the agreement. Along with not holding short positions.

Put there to stop them crashing the SP !

The 2 instos supposedly have limits on the numbers they can sell each month, according to the agreement RNS.

They only have to report when crossing a boundary eg . More then 4% to less than 4%.

The next notifiable change would be going under 3%. Depending on the limits then that could be a couple of months away.

It would be interesting to know if they sold all they can for April in the one day yesterday.

Strange trades reported after hours (not shown on LSE).

7 trades from this morning cancelled, mainly 100k ones totalling 700k. One large 700k trade reported with a time just after 8.05.

Lots of big round buys and sells gone on today. Stock moving around ?

Not going to disagree that overall this was a bit more promising.

Comparing quarter by quarter can be tricky - last year we didn’t have Tema revenue or Covid sales but we are only 30% up ? Was there something in last years quarter to boost then ?

Clearly going to have a big hit on Q2 but hopefully we’ll be through the worst by then and picking back up again for a strong second half to the year.

Our insto friends -the lower the price the less they pay for the shares they’re selling.

With friends like these who needs enemies hey Peter.