Catenae Innovation Share Discussion Threads

[mcrudden] 10/1/2020 16:33

Ha ha ha good spot

[tomboyb] 10/1/2020 15:02

It doesn't even look like they're trying.

Look at AIM -

This is pattern repeated over and over again -

[computercoders] 10/1/2020 14:58

Tomboy - the fundamentals are shocking though, their products, their online oresence, it looks unprofessional with much better alternatives out there. It doesn't even look like they're trying.

[tomboyb] 10/1/2020 14:47

CTEA is worthless however this will be all about the creditors -

Lose 1 mill or 100k and give something a chance i.e new project -

So there may be something still here -

The thing is on AIM if there are small companies that have raised equity ( monies) they never use it sparingly -

There is nothing here however from an equity perspective for creditors there may be something here provided they can raise the equity -

[tomboyb] 10/1/2020 14:27

1 mill debt -

Truth is that CTEA is worthless -

[computercoders] 10/1/2020 13:37

An AIM listing is worth 500k

[beeks of arabia] 10/1/2020 13:26

Those who held through Xmas are now sitting on a circa 50% loss, plus dealing costs.

[stoneme] 10/1/2020 13:21

Ok oops. It's 320k haha

[computercoders] 10/1/2020 13:05

Stoneme - market cap isn't 3.2million...where did you get that from? It's about 400k more like

[stoneme] 10/1/2020 12:58

Let's say. They agree a facility for up to 1m (the funds being made available ONLY when the company reaches certain pre agreed milestones)The interest would be eye watering - maybe as high as 10%. The debt would be convertible to shares under certain conditions. The challenge for the CEO / Chairman is whether they believe their ability to deliver.

[stoneme] 10/1/2020 12:55

Market Cap is 3.2m. I would expect after the 100k, a fund raise or c. 300 - 500k, maybe even as much as 1m to allow the company 6+ months to trade, to see whether they can deliver sufficiently to generate enhanced revenues, and ultimately profit. That fundraising will be a convertible bond or the like. HEAVY dilution for sure.

[stoneme] 10/1/2020 12:51

With respect. Their 2/3 weeks would be up today. They say creditors are being sympathetic. Means accepting late payment. They say they are optimistic big securing 100k to continue trading These two elements are critical for the independent non exec, auditor, and nomad to allow it to be a going concern whilst they complete the discussions.Have you ever sat on a BOD?

[beeks of arabia] 10/1/2020 12:38

That announcement says nothing.

[jim200] 10/1/2020 12:35

Looks like it

[mcrudden] 10/1/2020 12:25

Rns out there could be life after all

[beeks of arabia] 09/1/2020 13:41

Sorry i forgot...you always win.Apologies.

[computercoders] 09/1/2020 13:30

Beeks I originally had average 2p and sold that at 2.6, 2.4, 2.3. I then bought back in average 0.016. So all but 20% of my profit gone. So no I'm not overall 50% down here but you never read properly do you.

[beeks of arabia] 09/1/2020 13:24

You are down over 50% here as well...bezant still down. Ever thought of a different direction in life?

[beeks of arabia] 09/1/2020 13:22

You bought when it was over 3p. Remind me again what i said? I will give you a clue, it was the opposite of what you said.