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I would say highly probable, Gerard Brandon and Nigel Burton have little interest in doing right here as per their actions at DVRG. Not even a set of accounts from either MSYS or DVRG! Wow! Wipe out is the correct term.
It is so strange T.Rat , so many red flags, social media accounts posting images of business doing great at Glanaco for example https://m.facebook.com/photo.php/?fbid=764404332356970 , and then RNS messages stating all staff are being made redundant. Just really very bizarre, next month if we see another Glanaco press release of business doing great we know it must be a marketing company just sending out tweets and pics on an automated system because of course there should be no staff working there. PR machine alive and well, shame the PLC is not or will we get those accounts that they were working so hard on all these months ago!
LTbeliever , I totally get the sarcasm here :) I would say the irony of course is that considering how Gerard Brandon and Nigel Burton run AIM companies (evidence DVRG and MSYS) I would not suggest any potential customers to touch MSYS or DVRG considering we do not yet know the extent of the bad debts, suppliers who are out of pocket and if there are any staff left to even service a customer at this point or if administration is even a certainty at this juncture which it seemingly is for one and both companies. And before anyone asks, yes MSYS and DVRG are one and the same unfortunately, just do a little research and be warned.
Check1 , all valid questions worth asking but as all the PI's over on the MSYS boards are also finding out you can rip up the RNS news articles as all of them seem to be filled with deception. To add to your Skin Trust Club questions here is one for the MicrotoxBT https://www.deepverge.com/microtox-bt-evaluation-of-sars-cov-2-from-breath-test-with-clinical-samples/ and this website still seems to be live https://www.microtoxbt.com , is it even real? Was this ever released or entered into clinical trials?
There is even a full video walk-through here: https://vimeo.com/461025771 the closing lines of this, it will be in the market very very soon. That was 3 years ago!
Maybe we need to contact Dell and The Aptamer Group to see how real this was or was it fabricated?
I suppose we all have been saying this for a while, Gerard Brandon and Nigel Burton are DVRG and Nigel Burton and Gerard Brandon are MSYS, one and the same, they share the boards and shared the CEO roles. The way DVRG was handled it's financials is likely mirrored over in MSYS and every RNS one has read needs to be ripped up unfortunately. We have all been gamed by the same people and I suppose from here it's a case of finding out to what degree. I have been saying this for a while now but best to warn any new investors away from these types of people which might be the only positive outcome from here. They will likely not be able to do a raise based on their track record of deception which can only be seen as a long term net positive.
Thank you bemmacolli1
LTbeliever , admittedly and painfully I was an investor in MSYS and then noticed Gerard Brandon taking more of a role in things and started to do more due diligence.
I am here as I do believe that people have a right to do with their hard earned money as they wish and invest in what they wish, with of course as much knowledge as possible. I do see you constantly trying to look for the positive outcome in some accounts in a few days time, however one needs to look beyond that at this juncture based on the track record of those involved. Good luck to you but I will continue to investigate why my investment went bad, was it me as a bad investor or was I gamed by people I invested in. This I will find out.
LTbeliever , I think the point Muggins is making is that we do not have to wait this week for anything, the board of MSYS is the board of DVRG , Nigel Burton and Gerard Brandon are effectively in charge here on both sides. The positive outcome here is nobody gets gamed by these people again. Why would anyone think there is any different outcome for MSYS with these people in charge. Some people have a large risk appetite and nothing wrong with that, however when there is complete deception in each and every RNS and turnover numbers being out by 100%!!!!!!! well that is not risk anymore that is just plain silly to invest. Plenty of more investment opportunities out there to gamble on, stay well away from these people.
Shandypants2 lets hope you are right. I do not disagree with you. All I am saying is when you see good results for MSYS one should be raising an eye brow as like you they should not be good, they should not be good at all.
LTbeliever , fair points. The issue is we are not on the ground, transfer of assets, licensing agreements, selling off of equipment and moving of staff between organisations we have no oversight on. It is and will be a mess I have no doubt, but to say the resulst this week for MSYS could be good and solid and then it might have a chance is bananas because all things, point to complete and utter miss-management and if by some odd chance it is a good audit with positive outlook one needs to ask who is working for the auditing company considering the current DVRG Group Financial Controller Shiv Rawal worked as the assistant manager of Jeffreys Henry LLP Group FCO before switching over to Deepverge as a direct employee, awkward at best! So nothing is far fetched when it comes to audits also it seems.
LTbeliever , I know its hard to try and think like a fraudster if you are not one, as we are all just trying to look after our investments after all.
Allow me to explain a theory that looks to be playing out before our eyes.
If I own 10% of DVRG for example and for ease of numbers, DVRG is worth 1 million ,and I needed to do an ill timed raise and I know the game is up and I have been gaming the system through a bull market and low interests rates like Nigel Burton and Gerard Brandon and things are falling apart and lets say it falls by 90% so I now own 1% and not 10% of say a 100,000 pound company or 150,000 pound company, not a 1 million pound company. What do I do, ive lost right, well in the short term only!!
Next, I leave it drift into administration as I cannot possibly get back my 10% of 1 million equally 100,000 as its not worth that anymore and we are in a high interest rate environment and bear market!! So when it goes into administration I use my second company that I am on the board of (remember this is the trick here, Gerard Brandon and Nigel Burton run both companies together) to buy this now de-listed and bankrupt company for a dime!! So now I own 100% of that 100,000 pound company and I have made my loss back and whole again!!
Now just to put the icing on the cake, lets say I know DVRG's run has come to an end, well just to really extract value that I have lost in the short term, I setup a contract worth 1.4million with myself, after all Nigel Burton did that deal with himself right and that value has to go to MSYS which is where I have alot of shares. Remember I only own 1% and im diluted on DVRG so its time to top of MSYS and bring value over there.
Now it seems elaborate but that is self enrichment albeit they are likely breaking even as they are so incompetent and burning the PI's in the process.
So for this to come through, we will see some solid good financials on MSYS this week, they planned for this, ill informed PI's again will be taken for a ride and jump in. Then Gerard Brandon and Nigel Burton will put in offers for Labskin and Modern Water or Glanaco or some combination that makes sense to them. And the deception and false RNS feed starts up again like nothing happened. Over my 42 years of investing this is not actually uncommon.
I think its very very likely MSYS come out with good results and financials in 2/3 days as they have been preparing for this and trying to manage the DVRG situation as after all both boards are one and the same, however this is indeed the red flag.
Remember that they allowed DVRG drift into administration, they created a 1.4million deal with DVRG as Nigel Burton is the CEO of DVRG and a board member of MSYS. Gerard Brandon was the CEO of DVRG and now the CEO of MSYS. They are simply creating this opportunity to buy back parts of DVRG as an opportunity. So I would fully expect them to hit the market with good financials end of the week. However as we have all learned this is what they do, they game the system to enrich themselves unfortunately and maybe there are those willing to be fooled again by Gerard Brandon and Nigel Burton however be warned.
The short term reward will quickly vanish just like it did for DVRG and all the lies in the RNS. Plenty of other opportunities out there without the lies and deception and all one can say is stay well away.
I love this line "If the results and outlook are good" :) Essentially it translates to, "if the fraudsters behind DVRG who now run MSYS have changed their spots then all is good!!". As I say be warned...
Much more irony to be found in the title of this last Modern Water post, how fitting: https://www.modernwater.com/2023/06/13/improving-water-analysis-in-chernobyl-improved-fe-analysis-methodology-using-modern-water-microtrace-technology/
You have to hand it to the day traders out there, DVRG forums has investors reporting DVRG to the FCA for fraud and MSYS has a pump of 60% just now :) Is the day trading term a dead cat bounce. Let's not forget that DVRG CEO Nigel Burton is a director of MSYS and Gerard Brandon the ex CEO of DVRG is the CEO of MSYS!!! Be warned...
Roleybirkin I think you will find that Nigel Burton CEO of DVRG is a director of MSYS and he cannot transfer assets to cover some made up 1.4million contract with DVRG. I am sure he would love to transfer DVRG from himself to himself over at MSYS but that is why he is allowing DVRG to drift into administration. In order to get DVRG and whatever is left of Modern Water for as cheap as possible he would need administraton to materialize, however I am sure the administrator will decide on this part not Gerard Brandon or Nigel Burton.
Why do you think Modern Water business is valuable by the way?
For example:
https://www.youtube.com/watch?app=desktop&v=i7Jx5-k0chI&t=951s
Notice at 17.10 in that video supplied on the DVRG forums that Fin Murray a director at DVRG, states that this MW device was deployed, can anyone point to one single installation of this? Just 1 installation of this? The quote from Fin Murray is "That product is now deployed and its working", where is it deployed? Is everything about Modern Water a lie? Who is their head of engineering, or instrumentation? Do they even have engineers?
Good find T.Rat , at min 17.10 of that video Fin Murray Director at DVRG states "That product is deployed and its working" which is to detect covid in real-time. Can anyone point to one installation of this? It now sounds like it was deception and lies to public shareholders? He then moves onto the next big challenge which is tier one partnerships to essentially scale it out. Can anyone name a Tier 1 partner?
This seems to be all Modern Water deception, as far as we know, the office in the US is closed, all staff have been left go and not a single engineer remains.
My dear sol001 nobody is being negative today and this last week I might add. It is referred to as reality. Gerard Brandon and Nigel Burton have run DVRG over the last year and resided over a 98.39% collapse and de-listing from the AIM market. They have also resided over MSYS the last year and achieved a 86.50% collapse. This is not negativity my positive friend, it is a factual statement.
At the end of this week DVRG will be in administration, by design as both boards are but one and the same. Again not negativity but reality.
A positive outcome would court proceedings are swift and all suppliers and staff are made whole again. Obviously a positive outcome for AIM is that this type of management is removed from AIM permanently also but of course that will take time. Of course a positive outcome for shareholders would be to remove all positions with MSYS and DVRG and cut all loses also.
I think you will find Sol001 that DVRG is MSYS and MSYS is DVRG, after all Nigel Burton and Gerard Brandon share the boards and created this mess you speak of. The ideas was to let DVRG slide into administration so they could buy it as an opportunity from themselves after all, which is now plain to see and the question for all us shareholders is, is it worth the risk to do business with such deception.
Also you mentioned this is positive, can you explain in a lot more detail as you are sounding like a deranged gambler. When the dust settles you will see that a street washing company is all that is left and Modern Water was nothing more than lies. For example:
https://www.youtube.com/watch?app=desktop&v=i7Jx5-k0chI&t=951s
Notice at 17.10 in that video supplied on the DVRG forums that Fin Murray a director at DVRG, states that this MW device was deployed, can anyone point to one single installation of this? Just 1 installation of this? The quote from Fin Murray is "That product is now deployed and its working", where is it deployed?
Sol001 allow me to answer some of your speculation here as you raise interesting points.
You say: We have a separate Auditor to deepverge is that right?
Considering the board is the same for both MSYS and DVRG why not have the Auditor the same also, much easier to align releasing results and manipulating the market that way. So one would assume from track record they are the same, but even if they are not the current DVRG Group Financial Controller Shiv Rawal worked as the assistant manager of Jeffreys Henry LLP Group FCO before switching over to Deepverge as a direct employee, awkward but who cares right! Shiv Rawal probably did a few DVRG audits in his time so maybe he can help out with the new Auditors also on MSYS, therefore a win win.
You say: I guess we are waiting for the settlement to have an accurate '22 report?
We are waiting for the board of MSYS/DVRG (the same board) to leave DVRG slide into a de-list situation and therefore no accounts for DVRG are required to be audited. 7 days this statement will be proven incorrect or correct.
You say: Dvrg are probably in the same situation where they need to add these figures as well.
Yes DVRG have been trying to add these figures for the last 2/3 months now. However as per their last few RNS they are not great at accounting, could take another month to add in these figures. The current DVRG Group Financial Controller Shiv Rawal might be busy with over-employment as they say here in the US, doing a little with the auditors and the company.
You Say: They seem on the ball to raise funds by downsizing and have the new contract with glanaco Ltd worth 2.3m.
Yes DVRG are very much on the ball, they are down 99.5% from their all time high and still achieving new lows daily, very much on the ball. Infact they overstated their revenue for 2022 by 100% as pointed out in their April RNS https://www.lse.co.uk/rns/DVRG/2022-revenue-update-revision-we4hkfrrzhioxh3.html slick as a whistle you might say.
You Say: It's just raising the funds in time to avoid being suspended from Aim until a report is issued.
Indeed, why would anyone these days have the bar so high when it can be so low. Only a matter of doing those things called the accounts each year and raising some money. Totally agree with you, nothing to see here, avoid suspension and its a strong buy signal.
Sol001 it would be a ridiculous and laughable idea if MSYS would buy out DVRG, basically Gerard Brandon and Nigel Burton have set DVRG on a path to de-list without a single update to shareholders and when it does de-list and possible administration then Nigel Burton and Gerard Brandon of MSYS, yes the board is basically the same, snap up DVRG for a dime and wipe out Turner Pope (whatever reputation they have left) and the PI's of DVRG and that is all legal. So yes it could and will happen but how you think that is good in the long run is bonkers.
Existing share holders should only be warning others of the toxic and seriously questionable behavior of Nigel Burton and Gerard Brandon so they do not burn PI's again in MSYS and burn them they will as night follows day. The RNS will not come, a de-list will come first of DVRG and then no RNS is necessary from this so called board of MSYS and DVRG.
If the RNS is a positive spin just remember the red flag that it will be, things cant be all roses when the building is on fire!
Water-man ,you say be careful!!! yes yes of course this is a great price buy now it will go up! My god one finds all types in AIM for sure, what brought me here I will never know! Life lessons! Qatar is about as real as China Resources was for all anyone knows here. The likelihood is by June30th or before the stock will de-list and will be followed by a strike off where you and I have no say over anything and MSYS and Nigel Burton will buy DVRG from Nigel Burton at DVRG, it is a complete joke at this point. What exactly are we being careful of and what large instrumentation company wants to buy what is left which is for all intents and purposes a wheel washing company!!! Modern Water is an aged dying instrumentation company with zero engineers working there. Drink some coffee and wake up.