Advance Energy Share Discussion Threads

[the chairman elect] 27/7/2022 15:05

Advance Energy is now pursuing a list of "focused opportunities"

Advance Energy's chief executive Larry Bottomley says the firm has now got down to a focused set of opportunities.

Bottomley joined Proactive following the announcement of a new equity raise to move towards deal selection.

Management has a 10% stake in the business, fully aligning it with shareholders, he added.

[the chairman elect] 27/7/2022 12:25

Talking of TROLLs

sweet karolina226 Jul '22 - 11:30 - 2704 of 2706 (Filtered)
sweet karolina226 Jul '22 - 11:35 - 2705 of 2706 (Filtered)

[the chairman elect] 27/7/2022 12:10

Perhaps just perhaps the TROLLs have got it all wrong again !?!?!

[zxie] 27/7/2022 08:41

www.inspirit-energy.com

[sweet karolina2] 26/7/2022 13:15

Directors have used a little bit of what they have taken in fees over the past few months to ramp the placing. Having previously claimed the company was funded to achieve this until the end of 2022. How much have they burned already to need this top up of the kitty, which they will be dipping into to put money back in their own pockets over the next few months? We might find out when full year results are issued in Oct but only if they decide to tell us as the results will only cover the period up to 30 April 22.

[sweet karolina2] 26/7/2022 11:35

Directors have used a little bit of what they have taken in fees over the past few months to ramp the placing. Having previously claimed the company was funded to achieve this until the end of 2022. How much have they burned already to need this top up of the kitty, which they will be dipping into to put money back in their own pockets over the next few months? We might find out when full year results are issued in Oct but only if they decide to tell us as the results will only cover the period up to 30 April 22.

[sweet karolina2] 26/7/2022 11:30

Keep the lights on placing at 0.085p. After admission there will be 1.5 Bn shares in issue. No guarantee of an RTO still:

"expected to provide the Company with sufficient working capital to enable it to select, negotiate and pursue an acquisition that would be considered a reverse takeover under the AIM Rules for Companies and specifically fund the required legal, financial, commercial and technical due diligence, including the preparation of the required Competent Persons Report and Admission Document to enable the Company to undertake an acquisition. Any cash consideration which might be payable to conclude an acquisition will require further funds. There is, however, no guarantee at this stage that any acquisition will be completed."

However, the fact that they have bothered at all suggests there is at least one potential puppy out there interested in this flea ridden kennel. An real HoT and suspension may not be that far away. The money just raised will be mostly gone by the time it happens so the RTO and placing price is unlikely to be much more than 0.85p and could be quite a bit less as it is the new puppy who holds all the aces and as the clock ticks down to suspension (4 months away now and delisting (0p)) a gun to the BoD's head.

If you have any interest at all in what might get RTOed in (the puppy), then the way to get into it is NOT through buying into the shell, but by buying into the placing that will accompany the RTO - at least that way you will know what it is you are buying into.

All the info you need is

[the chairman elect] 26/7/2022 09:05

Advance Energy PLC Director Fundraise Participation to raise GBP80,000

[the chairman elect] 26/7/2022 09:00

Larry Bottomley, Interim CEO of Advance Energy said :

"Over the last six months the focus of the Board has been on progressing the deal pipeline. Screening and due diligence has progressed and the Company is now focused on a select number of potentially value accretive deals with an emphasis on proven resources that are intended to provide immediate and sustainable cash flow generation.

"We are now at the stage where we call on the support of third parties to contribute to the relevant due diligence required to progress an acquisition and this funding will allow that work to be undertaken. While the Board is optimistic in progressing an acquisition there is no guarantee at this stage that any transaction will be completed. We will keep the market updated as these projects develop."

[the chairman elect] 26/7/2022 08:55

Advance Energy PLC Placing & Intended Subscription to raise GBP425,000

[the chairman elect] 26/7/2022 08:50

sweet karolina21 Jun '22 - 18:36 - 2698 of 2699 (Filtered)

[the chairman elect] 26/7/2022 08:33

LOL @ THE TROLL

[dave4545] 26/7/2022 08:28

I love how quickly you vote up your own posts with your other accounts buystock !

Bit like twitter where you spend all day liking and retweeting your own posts.

You certainly put in the effort to con other people

[redhotstock] 26/7/2022 08:14

I did say 5-7p coming 2 acquisitions next placing at 1p+

[sweet karolina2] 26/7/2022 08:08

Good to see the run around ramper TCE still running around mindlessly ramping though.

[sweet karolina2] 26/7/2022 08:05

Keep the lights on placing at 0.085p. After admission there will be 1.5 Bn shares in issue. No guarantee of an RTO still:

"expected to provide the Company with sufficient working capital to enable it to select, negotiate and pursue an acquisition that would be considered a reverse takeover under the AIM Rules for Companies and specifically fund the required legal, financial, commercial and technical due diligence, including the preparation of the required Competent Persons Report and Admission Document to enable the Company to undertake an acquisition. Any cash consideration which might be payable to conclude an acquisition will require further funds. There is, however, no guarantee at this stage that any acquisition will be completed."

However, the fact that they have bothered at all suggests there is at least one potential puppy out there interested in this flea ridden kennel. An real HoT and suspension may not be that far away. The money just raised will be mostly gone by the time it happens so the RTO and placing price is unlikely to be much more than 0.85p and could be quite a bit less as it is the new puppy who holds all the aces and as the clock ticks down to suspension (4 months away now and delisting (0p)) a gun to the BoD's head.

If you have any interest at all in what might get RTOed in (the puppy), then the way to get into it is NOT through buying into the shell, but by buying into the placing that will accompany the RTO - at least that way you will know what it is you are buying into.

All the info you need is

[dave4545] 26/7/2022 08:05

I doubt we will get a visit from smallcappick with all his names today.

[the chairman elect] 26/7/2022 08:00

Advance Energy PLC Director Fundraise Participation to raise GBP80,000

[sweet karolina2] 26/7/2022 07:53

Keep the lights on placing at 0.085p. After admission there will be 1.5 Bn shares in issue. No guarantee of an RTO still:

"expected to provide the Company with sufficient working capital to enable it to select, negotiate and pursue an acquisition that would be considered a reverse takeover under the AIM Rules for Companies and specifically fund the required legal, financial, commercial and technical due diligence, including the preparation of the required Competent Persons Report and Admission Document to enable the Company to undertake an acquisition. Any cash consideration which might be payable to conclude an acquisition will require further funds. There is, however, no guarantee at this stage that any acquisition will be completed."

However, the fact that they have bothered at all suggests there is at least one potential puppy out there interested in this flea ridden kennel. An real HoT and suspension may not be that far away. The money just raised will be mostly gone by the time it happens so the RTO and placing price is unlikely to be much more than 0.85p and could be quite a bit less as it is the new puppy who holds all the aces and as the clock ticks down to suspension (4 months away now and delisting (0p)) a gun to the BoD's head.

If you have any interest at all in what might get RTOed in (the puppy), then the way to get into it is NOT through buying into the shell, but by buying into the placing that will accompany the RTO - at least that way you will know what it is you are buying into.

[the chairman elect] 26/7/2022 07:45

Larry Bottomley, Interim CEO of Advance Energy said :

"Over the last six months the focus of the Board has been on progressing the deal pipeline. Screening and due diligence has progressed and the Company is now focused on a select number of potentially value accretive deals with an emphasis on proven resources that are intended to provide immediate and sustainable cash flow generation.

"We are now at the stage where we call on the support of third parties to contribute to the relevant due diligence required to progress an acquisition and this funding will allow that work to be undertaken. While the Board is optimistic in progressing an acquisition there is no guarantee at this stage that any transaction will be completed. We will keep the market updated as these projects develop."

[the chairman elect] 26/7/2022 07:40

Advance Energy PLC Placing & Intended Subscription to raise GBP425,000

[dave4545] 25/7/2022 12:51

Thursday

4088181 paid 0.115p
4997500 paid 0.119p

Total 9085681

9085681 sold today for 0.1066p