Advance Energy Share Discussion Threads

[amaretto1] 28/5/2022 12:48

No i did .... sold out at 1.2 pence and lower .... just bought stake back 0. 14 It's not over here imo Don't get me wrong ... we all got shafted here !!

[muscles11] 28/5/2022 12:07

Amaretto you lost a fortune on this on Jan or was all them posts bullsxxt you dreamer this is the biggest dog ever to grace aim shocking company

[amaretto1] 28/5/2022 11:04

A sad Narcissist would spring to mind !! Overall i make money ....Some you win ... some you lose ..Unlike yourself... who I'd bet any amount of money ....your loseing !! This position at this share price will be a winner ...... come apologise in the coming weeks Narcissistic!!

[sweet karolina2] 28/5/2022 10:51

"I don’t lose money !!"

Liar! Every investor, including Warren Buffett, gets some wrong (Warren got Tesco badly wrong).

I believe it is incumbent on those who have learned through experience to share that experience and BBs are the tool which enables PIs to do that and people like you offer us the perfect opportunity to do just that.

At the moment there is only a 70% chance that anything will happen and therefore a 30% chance of 0p (it does not matter what your average is when it goes to 0p, you lose 100%).

Any RTO (it is an RTO, because that is what is now REQUIRED, or 0p) will be done at an RTO and placing price <0.1p.

The odds and the price both reduce the longer it goes on with nothing happening.

That comes from years of knowledge and experience. We all do our own research (reading well considered pieces by knowledgeable and experienced individuals putting most weight on those that do not have some vested interest - I have no financial interest in this uber dog and over the years have enjoyed being proved right time and again by it) and make our own investing decisions so that we and we alone own the consequences of them.

Fill your boots if you want to but don't come crying when you get what you deserve. You won't drive me away you just provide me so much entertainment.

[amaretto1] 28/5/2022 10:26

I don't lose money !! But i can recognise a bitter and twisted individual.... Why are u posting here ? U have absolutely NO clue what's going on .. so what is your agenda ? Let me guess you a AIM super hero warning us all not to lose money ..Grow up or seek a doctor

[sweet karolina2] 28/5/2022 10:22

How much have you lost investing in this and other uber dogs?

You are absolutely right that I have never held this uber dog but have warned people about it at every step of the way as it has wiped out 99.99% of their money.

[amaretto1] 28/5/2022 09:57

A desperate none or wiped out holder .... oh dear ! It will eat u up son ... let it go !

[sweet karolina2] 28/5/2022 09:54

As an AIM Rule 15 Cash Shell, the Company is REQUIRED to make an acquisition, or acquisitions, which constitutes a reverse takeover under AIM Rule 14 (including seeking re-admission under the AIM Rules for Companies) within six months from 27 May 2022. ALTERNATIVELY, within such time period, the Company can seek to become an investing company pursuant to AIM Rule 8, which requires, inter alia, the raising of at least GBP6 million and publication of an admission document.

RTO is the first and only realistic option. As soon as there is a sniff of an RTO the shares suspend - Dave Witby got CEB suspended (at about 1.2p) by ramping on about an RTO, the RTO and placing that created the uber dog ADL was at 0.2p

ADV currently has cash to cover admin costs for 7 months - it's in the company's RNS, best guess is £600k until we get results to 30 Apr 22 and then we can refine that guess.

"this is by far the easiest route with the odvious [SIC] benefits"

For those intelligent enough to be able to read (and write)



"The key benefits of cash shells:
• There is a transparent amount of cash already in the shell
ready to invest in the right target company [Yes at the point of RTO the "target" will know exactly how little there is]
• When compared with a conventional IPO, the cash is
already in the shell meaning the success of the
transaction does not rely on attracting new investors to
support a fundraising [not true in ADV case, the money left will not cover all the costs of the RTO. There will not be anything left over and it will all need to be raised in the accompanying placing]
• A reverse transaction into an existing cash shell MAY be
quicker, and therefore a less costly method of achieving
an admission to a stock market and, at the same time,
accessing cash to grow a business [cost and time difference between AIM IPO and AIM RTO are minimal, indeed it can be worse with RTO due to problems in the dirty shell - cf New World Oil and Gas (NEW) as an example]

Legacy cash shells (Dirty shells)

Legacy cash shells are listed entities that have disposed
of their trading business. What remains is cash in its bank
and perhaps one or more directors. Because of this many
are referred to as ‘dirty shells’. However, this does not
necessarily mean that they are unsuitable for consideration.
Because these shells have had a past trading history, it’s
important to understand what has happened to the company,
why it became a shell, and what, if any, liabilities your
company will inherit if a reverse transaction is undertaken.
It’s important to use the services of a specialist to investigate
the shell company and also to undertake satisfactory levels
of due diligence [which take time and cost money] to establish the extent of potential liabilities
which may include:
• Contractual obligations with suppliers
• The debts to previous customers
• Agreements with banks and other lenders
• Ongoing contracts with existing customers
• Employee contracts
• Potential tax liabilities
Legacy cash shell companies may have an existing
shareholder base that has been built over a number of years.
That does not necessarily follow that shareholders in the shell
company will be prepared to remain investors in the new
company following the reverse transaction."

"i actually know at least two companies looking for a listing in this sector"

And they will be asking what is the difference between an IPO on AIM and an RTO into ADV actually worth to us? Because that is what they will be prepared to pay - why pay more when the clock is ticking meaning you hold all the aces and a gun to their heads?

Are those companies after an AIM listing or would a cheaper, easier (sub)Standard List listing do, obviously if they were really good companies they would be looking for premium listing.

Rules on Corporation Tax carry forward changed 1 Apr 17, but are not clear on exactly what counts as the same business. Prior to 2017 it definitely was not possible to carry forward tax losses. The fact that none of the articles I posted links to (all written post 2017) say it is now possible indicates that when it comes to RTOs into shells it is still not possible - if it were it would be an important advantage, particularly with most dirty shells. Anyone thinking of investing here should get it conformed from an authoritative source ie no a BB poster.

"Just filter the uneducated clowns"

Why? you make those of us who can read and write laugh so much and explain why so many mugpunter PIs are still around buying into uber dogs.

[amaretto1] 28/5/2022 08:55

ADV are carrying huge UK tax losses. Carrying cash of more than mkt cap.And are listed ! Just filter the uneducated clowns

[amaretto1] 28/5/2022 08:53

I've bought in yesterday!! And I'm confident u will see up lift here..... incredible how the unintelligent appear on a beaten down stock ....Generally they are the cannon fodder of the markets..... i actually know at least two companies looking for a listing in this sector ..... this is by far the easiest route with the odvious benefits

[terminator101] 28/5/2022 08:13

Its hilarious that those articles describe Nomads as providing some protection for investors on AIM. Look at what VAST has got past its Nomad recently if you want a laugh. But it is true that a main market listing provides even less protection. ADV will go the same way as those other cash shells that failed to make any progress over the years IMO. Plenty of trapped investors waffling about big loss offsets and returns beyond your wildest dreams, but the reality is that it will sink into abscurity and you will lose all your cash.

[the chairman elect] 28/5/2022 07:30

More rubbish above and previous posts. RTO is the 2nd option after injection of new oil & gas assets.

AIM is it as standard list now requires a minimum MKT CAP of £30M

Tax losses can be c/f against businesses in the same sector so new oil & gas assets would most likely work.

You need to be more fact based and balanced in your posting plus less opinionated....

[sweet karolina2] 27/5/2022 21:48

A few interesting things to read about cash shells:







As you read them remember ADV is a dirty cash shell that does not have very much cash. Also remember the clock is ticking down to delisting when it will go to 0p - the company looking to reverse in effectively has a gun to ADV's head in any negotiation. Also remember the latest date for a suspension is 27 Nov at which point anyone still holding is trapped.

Finally anyone who thinks the approx £50m ADL/ADV have sent to money heaven has some value as future tax credit, forget it. Past losses can only be used to offset future tax if the business is the same. By definition an RTO is not the same business and ADV must do an RTO (or raise £6m in a placing - no chance!). An RTO is a fundamentally different form of acquisition to what was implied by that BS fantasy strategy so to try to claim they are still pursuing it is just a lie.

[grafter] 27/5/2022 17:30

Ahhh cash shell -

[sweet karolina2] 27/5/2022 16:45

MCap down to £1.5m. Best guess cash is down to about £600k but dropping all the time. The paperwork for an AIM RTO cost about the same as an AIM RTO. A listing on LSE (sub)Standard list is about half what it costs to list on AIM.

Most likely ADV will go the same way as PPG.

[tomboyb] 27/5/2022 11:36

0.15p -

someone acquired 10mill-

[amaretto1] 27/5/2022 11:18

i still strongly think that they shafted share holders !! All Lesleys business transactions need to be investigated imo

[shortcpx] 27/5/2022 11:12

No. It's either do a deal in 6 months or simply raise £6m and become an investing company

[amaretto1] 27/5/2022 11:05

U and a few others don't understand at all what a cash Shell achieves for a none listed asset ....Tax incentives etc for producing none listed.. along with access to financing The price on offer is virtually O We will see ! Don't get me wrong this company needs putting in front of a judge ....Absolute scum bags imo !!

[1liam] 27/5/2022 10:58

Ameretto, "shareholders are stupid for selling" ?Todays RNS: 'On the 27 May 2022 the Company will become a cash shell'

[1liam] 27/5/2022 10:49

Long! Come back in 5, maybe 10 years?