Member Info for wookieemonster

Ps thanks Yingtong, read your post after my rant

Yeah but it’s helleva question, all you lot on here gibber gibber about what ifs and total speculation and no one can answer a simple question that actually has serious bearing on a genuine shareholders position!! it actually makes me laugh that no one can respond.. it seems that it means nothing to posters that if the placing was to close a deal / stay afloat until deal and we have the options to buy at 0.3, taking into account dilution a decent deal on GTW alone could see us easy at 1.5p! and we have the right to buy at 0.3p... but you all choose to speculate and talk crap, it just makes me laugh. I’ve had a few of you pinned as absolute bullshitters for a while, years of reading posts it’s certainly easy to see who’s who, plus a little extra work makes that quite easy, but this is a genuine simple question, do we have the right to buy at 0.3 if a deal lands in the next few weeks, or the share is suspended and we relist much higher.. seems to me we could, seriously this doesn’t interest any of you in the slightest having just lost a minimum of 40% of your holding.. madness. Genuine question based on actual events..

still trying to get a clear answer on this. If holders are allowed to buy shares at 0.3 and the placing was funds needed to close a deal, and we thus re-rate at say 5p next week/month do we still get to purchase at 0.3p?

To be fair cobra is right, they cannot be forgiven for misleading us, and blacking us out on where the money has gone. BUT the main thing they did was place the day after a so driving RNS!!! Unforgivable dicieptful play. They should have placed to raise cash then counter with some good news NOT the other way round. Hence my buy at 0.3p post deal scanario, hopefully benefiting holders but primarily the minty clan. 100% the order of the release of the last two RNS’s was as corrupt as it gets imo.

Cobra, completely agree regarding the seasoned to expect the worst feelings, ( being a holder for 3+ years and gone through all the crap here and elsewhere fully understand the Aim cess pit ) but my question is theoretical, as in is the scanario possible that if a deal was landed near term, would holders be entitled to take it up after a deal? Of course minty and clan would also benefit from being able to buy at ridiculously low levels, he couldnt get more shares, so being able to buy on the cheap.. maybe? Maybe. I wonder if we will see GS putting some skin in the game now? I thought sub 1p was cheap, but 0.3p with possible deal adding 20-50m to market cap... just theoretically, could we buy at 0.3p post deal with a share price sitting much higher than now, this is my wondering. Knowing minty, this seems to be the ultimate hget shares cheap scanario pre deal... My personal hopes are so low now for a deal but I still can’t ignore recent developments, something has/is going on, Siemens’s would NOT of got involved, why hire a Brazil representative, why are consortium members still in! as much as seadog was all ramp ramp his points are valid regarding external companies joining up etc. Sharelock has said multiple times deals take far far longer than people expect and my own company has needed far more Investment than expected getting our own deals over the line, so fully understand the need to keep afloat whilst working towards that first deal. Buying at 0.3p post deal would certainly be a reward to holders.

Total best case scanario here, but what if a Brazil deal, GTW or other revelation came over the line next week. And as such the market cap increased and gave us a share price of anywhere from 1-5p for the first deal. Would share holders still be entitled to take up the open offer at 0.3p??? As by my understanding we would be entitled to do so, but would we if the company landed a deal, raised cash etc before the open offer? could the company of needed the funds to close a deal ( hard to believe now ) but made it so we have the chance to buy cheap shares after a deal has been signed?? is that theoretically possible / legitimate? WM

I’m sorry but your all Mental. Yesterday’s RNS should have come after today’s placing. The fact they chose to release a sp driving RNS the day before killing 40+% of your share holding simply says it all; this was a vindictive, considered and evil method the company has deployed. End of story. As a holder still, I’m disgusted. I wouldn’t take up the open offer and would rather see the company burn than give them any more money. The only glimpse of hope is that they genuinely need an emergency injection of cash pre deal.. had they been clear of the situation I would of been happy to inject more cash to help, but feel they have been decieptful to the highest degree! Seadog and LT I guess your both either laughing or feeling sick..

Sadly agree, no point buying now, as I said unless they prove they are close then no way should you buy and, at the coal face, at the coal face!??? What a bunch of crooks, pie on face more like. Horrible being invested and now just hanging on a thread that they have some dignity, ability to deliver on thier promises.

Well, invested here from 0.6, didn't sell at 1.8, believed in the company, but well aware of the risks, read and follow this everyday. But i closed my account after being heckled for being "cautiously optimistic" and also being hacked by some muppet on twitter. I said risk - reward was great but this has more chance of going sub .07 than 2p etc.. shot down, heckled and hassled by seadog, LT, etc etc! well, i think this just shows really doesn't it. Im holding back being very rude here, simply because when i was saying be cautious i meant it. Was invested and couldn't stand the super hype and misleading valuations etc, especially the shooting down of those who consistently where right, the derampers, or should i say, disgruntled holders who could actually see the truths. So seaborg i hope this humbles you!!! your not the guru, even if news comes tomorrow, I'm afraid you have to admit you just don't have a clue. LT.. I'm sorry if you've taken a large hit, but by your past postings and not meeting you in person its hard to tell if your one of the good guys or just another false idol. Ive held, due to the lies the BOD have told. Bloodbath is here! The ONLY way anyone should take the offer at 0.3p is if the company gives us concrete proof they are not the scum they appear to be. Why would anyone give them money now!!??????? they need a reality check, if they cant give us proof of progress, real proof, then i HIGHLY recommend not buying. Risk waaaay to high now. The best thing about this placing is that those who insulted me, and all the other concerned investors, well they can just do one!! deleted accounts rather than apologies from them though I'm sure. weasels. Ending on a positive note however, if the words of the company is to be trusted ( we cant deny they have some big names willing to be involved so must assume the possibility this isn't all a con ) then lets think about the next few months. As sharelock has said, this isnt an easy game, plus legal fees are huge and running costs are unavoidable, its not uncommon for new companies to run many years at a loss, and not uncommon to need regular injections of cash to keep going until the landmark turning point can be achieved, its bloody tough lets be clear. I still believe they will land a deal this year, we cant avoid needing cash, perhaps they hoped to close a deal sooner, but again its not uncommon for deals of any kind to drift. Aside from needing cash ( which we all knew they did for ages ) things should be on track if you have any trust in the BOD still, if thats the case then we still are on track for a landmark moment. I would double my holding if they just could prove they ant a bunch of crooks, i hope they do!!!