Minds + Machines Share Discussion Threads

[hjb1] 01/2/2017 10:11

gnash, what price did you get? I will look out for it...need answer before trades are shown.. ha ha!

[mcormack] 01/2/2017 10:09

Gnasher, you have been reported!

[hjb1] 01/2/2017 09:55

who cares!! others have it at 20p....not the sharpest tool in the box eh Gnasher??

[simonsaid1] 01/2/2017 09:55

To anyone just reading this now, FTFT kindly reminded us of the FCA's whistleblowing account which is at [e-mail] to whom you can send links to this thread. I have already sent them a detailed report, but the more the merrier.

Again - even if this person turns out to be 100% truthful, he's still committed an offence here. His grasp of grammar suggests to me he's unlikely to know how to mask an IP address and probably doesn't use dummy registration details, so I suspect law enforcement won't find it terribly difficult to find him.

I've snapshotted the HTML source of the web pages in question, so if his posts are deleted it won't help him much.

[hjb1] 01/2/2017 09:48

simon, he reckons he still has at least 950k shares...ha ha!!

[simonsaid1] 01/2/2017 09:42

If all of this is correct, you shared insider information and have broken the law.

If none of it turns out to be correct, you attempted to manipulate markets... and broke the law.

It's a good job you've sold your shares as you'll need a fair amount of money to pay the FCA fines coming your way if you haven't gone to considerable lengths to mask your IP Address and identity.

I have sent a link to this thread to the FCA whistleblower address.

[hjb1] 31/1/2017 17:48

yes me too, he's better off filtered imo!

[simonsaid1] 31/1/2017 17:36

Cheers, sounds eminently reasonable to me. Institutional investment is a totally different kettle of fish.

I'm bowing out of this one and giving everyone's inboxes a break. Have a good evening!

[simonsaid1] 31/1/2017 17:24

Please explain how they can sell shares then. Honest question, explain yourself. I posted the relevant passage from the tender agreement above.

Are you implying you have some sort of insider information on MMX's price fall (not really a 'collapse' if you look at the historic chart and consider it's still at a premium to book)? How did you acquire such information?

I will continue to treat you cordially, but this all smells rather off to me.

[simonsaid1] 31/1/2017 17:14

Thanks hjb1, I should have checked the terms from Hony's buy, now that you mention it (I'm new-ish to MMX). Section 5.5 B of the 'relationship agreement' in the tender offer:

'Under the terms of the Relationship Agreement the Subscriber and the Company have agreed that, for a period of 18 months from the date of issue of the Subscription Shares the Subscriber shall not sell (or grant any charge or other right or option to acquire) any of the Subscription Shares other than in accordance with the terms of an agreed lock-in agreement'.

What a strange set of posts then... I don't understand some people.

I only gave it credence because a large institutional sell might give some narrative for this weird share price dip, but then so would a very aggressively-priced buy order, so it's not really any kind of clue. Anyway I'm sure it'll revert soon enough, not at all worried.

[hjb1] 31/1/2017 17:06

Simon, take NO notice of this idiot,,Hony CAN'T sell ANY shares for 18 months if I remember correctly.