Member Info for Zoom0001

It was mentioned on a VOX podcast recently that they had funding to see them well into next year.

Got it. Many thanks for the info.

Whats the relevance with China. Excuse my ignorance.

The last part.

Change of name and headquarters
The relevance of the 'Akiles project' is clear in the proposal that will take the shareholders' meeting to change the denomination of the group, from Ebioss Energy to Akiles Corporation.

According to the company, it will go from being "a company that is listed on the MAB and that invests in technology

waste sector "to" become a corporation through the incorporation of companies in its conglomerate ".

The change of denomination will not be the only modification that the company will take to its shareholders' meeting. It will propose a "change of registered office to Ireland and initiate the procedures to list the company on the London Stock Exchange."

The company will return to trading from tomorrow in the MAB, once lifted the suspension of quotation decreed on April 30 due to the delay in the presentation of the group's annual accounts. In addition to restructuring the debt, it will change its name and headquarters, which will be in Ireland.

The shares of Ebioss Energy will be quoted from tomorrow on the Alternative Stock Market (MAB). The company was suspended from trading since April 30, when the board of directors of Bolsas y Mercados Españoles intervened in response to the continued delay on the date of presentation of the group's results for 2018.

At the time of the suspension, Ebioss shares stood at 0.382 euros, in the area of ??annual minimums, and below the 0.42 euros with which it closed the year 2018.

The suspension of its quotation stopped a 23% collapse that had suffered the company in little more than a month, from the 0,499 euros that reached the past 22 March, and that had sunk its capitalization below 8 million euros.

The suspension of the contribution suspension occurs after the company details the restructuring it will carry out. The group quoted in the MAB and specialized in technologies of the waste sector has reached a refinancing agreement with the bondholders.

The agreement with the bondholders will restructure more than 19 million euros. Of this amount, four million of the main bond will be converted into capital, if good the figure could be extended to 6 million in the next 30 months.

The rest of the 13 million debt with the main bondholder will be converted into a 7-year loan, at 2% interest and with two years of lack of both principal and interest, as will the case with the 4.4 million euros of debt with the second largest bondholder.

Ebioss will also capitalize a debt of 1.85 million uros with the third largest bondholder.

This restructuring will be conditioned, among other issues, on the "achievement of the Akiles project", which implies a "complete strategic reorientation of the group", and the suspension during the first two years of the dividend.

Interesting. Would be good to know.

Another large 7 million sell towards close at .38. Does seem rather pointless to bail out of that sort of volume at an all time low.

Just a sickening observation. Not dramatic, it's factual. That's a substantial days loss in anyone's book but it could recover of course.

Was a deletion, the price really is 0.41. Shocking really, this was 17% up earlier & people who were buying at .58 have been wiped out. Genuinely can't see how this can be allowed to happen.

I see someone has had a couple of posts removed which referred to the 90% share price decline. Why would this be? Very strange indeed.

Correction, the rampers aren't ramping today for a change. Get the impression we're building up to another rampfest though...its been a couple of days.

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Amigos out in force this morning spouting nonsense. Careful all.

Yes, we can see you were busy on CNLR yesterday, but welcome back to town. Must have been a hell of a journey.

There goes Nagy..continually spouting garbage & behaving like a child when called out. If anyone’s dodgy it you. Its there for all to muse in your history.

That’s what I thought, plus how would they know?

Balanced views on the the delay would be welcome. Is anyone concerned or could this potentially be a good thing? Few doom mongers in twitter suggesting 103 is a faliure. Free flowing commercial grade oil was initially reported so I correct in assuming that they are waiting to clarify the numbers?

Very well put. For all the research PI’s can carry out, you can’t legislate for the collusion that goes on behind the scenes is this market & don’t stand a chance in situations like this. The thing that annoys me the most is all of the positive PR from IP about near term contracts. One can only assume (yes assumption Alan) that meaningful revenues are still some way off so the debt pile will increase, which insiders are aware of. Can’t think of an alternative, plausible reason for what happened last week.

My thoughts too.

Adam, initially, I made a comment based on the recent price action. I’ve held here for a while & seen this stock go up & down but never by these levels so this leads me to think there must be something causing it (quite logical really). I’ve seen stocks shorted but not to these levels. I’m not a doom monger but how on earth can you expect people not to comment unless it suits your agenda?