Deepverge Share Discussion Threads

[thetrotsky] 24/3/2023 15:21

What an utter laod of tripe! Audit rotation and competitive tendering are at the core of good governance. Just more aimless speculation by GFG1.

[goforgold1] 24/3/2023 11:01

Change of AuditorDeepVerge (AIM: DVRG), the environmental and life science group of companies that develops and applies AI and IoT technology to analytical instruments for the analysis and identification of bacteria, virus and toxins, announces the resignation of its auditor Jeffreys Henry LLP. The Company has appointed Haysmacintyre LLP to act as the Company's Auditor.Jeffreys Henry LLP confirmed in its release letter that there were no circumstances which they considered should be brought to the notice of the members or the creditors of the Company.RED FLAG FED FLAG MUDT HAVE FOUND OUT MORE SKELETON S IN CLOSET

[goforgold1] 24/3/2023 11:00

RNS out wow . Even

[goforgold1] 13/3/2023 18:18

My case is going slow but we are winning.DV has shutdown operations in the US. So it's difficult to hear things anymore..Might be hard now to find out info my source finding hard to find things now. As DVRG have closed USA down . .I said bust by March might still happen . Looks like they have nothing in China as well now. Waiting reply on that.

[goforgold1] 08/3/2023 20:41

Thank you for your support lol ..6 months on and there having there wages and living a life style . Lol How they get away with it is unbelievable

[ragnarr] 03/3/2023 13:09

Bitterness is like cancer. It eats upon the host.

[goforgold1] 03/3/2023 12:10

We will see. Total scam and con. Happen here. They will go bust that's my belief. ToMany skeletons in closet here..Way too many lies as well by TGTW@t. As you say get orders from what exactly. They have been blocked from selling MW they gave more or less STC to FIN to keep him quiet. There is from my source no PD machine and never was. Just the old MS machine. .There could be Telephone conversations from directors incriminated in the Litigation ongoing. But this will take a long time to get to court. They have stopped the sale of MW. They were trying to get the money I believe then go bust. The RNS put out about the 10 million order is totally contradictory

[thetrotsky] 03/3/2023 10:57

GFG1 you are truly pathetic. You've got no substance to your claims, make statements littered with errors and still have the gumption to make out that you have a clue what you're taking about!

Yes, the Broker Offer was scaled back, I said as such in my previous post, and I'd concur that demand from existing shareholders was (understandably) lacklustre albeit that matters weren't helped by the offer being made through the TPI platform (which didn't include all online brokers and therefore denied many existing shareholders the opportunity to subscribe) and the relatively short timeframe.

IMO the jury is still out. You don't raise £10m from new investors on the basis that you have no business (as you like to suggest).

The real question is whether DVRG will remain publically quoted and/or whether the new shareholders will now act in the interests of all or will actively seek to reduce/eliminate the interests of the remaining PIs e.g. by share consolidation, taking the company private etc.

[goforgold1] 03/3/2023 09:33

Scaling back they could not get buyers. Anyway, see you at receivers this year. Got no business no revenue coming in living of money raised. It's loss making burning money.

[thetrotsky] 02/3/2023 19:11

GFG1, You really are a muck raker. Try actually reading the RNS! The Broker Offer was NOT underwritten. The intention was to raise £1m (although, if there was sufficient demand, the offer could have been extended to £2.5m with the express agreement of the company). In the end, after scaling back to give preference to existing shareholders not involved in the £10m Placing and Subscription, an additional £800k was raised bu the Broker Offer i.e in addition to the £10m. TP were not left holding any unsold shares; they were never issued.

As for the £18m of sales in 2022, I have no reason to believe at this juncture, other than your unsubstantiated allegations, that they didn't arise. DVRG's problem wasn't, and never has been, making sales; DVRG's problem has always been that due to its rapid sales growth it had insufficient cash to fund its inventory and trade debtors (this is common problem with high growth companies and is not unique to DVRG).

Given your inability to read and understand quite basic RNS, forgive me for doubting you your financial acumen. As far as I can see, you are now simply driven by malice. I, for one, haven't forgotten your previous ramping posts when you used to be GB's number one fan. Get back in your hole.

PS. The c11.2m Lender Warrants are exercisable at 2p i.e. the warrants necessitate the lenders paying DVRG 2p per new share issued (rasing in the process up to c225k for DVRG). There does not appear to be any time limit placed on the Lender Warrants being exercised. So, exercising the warrants now, let alone selling the acquired shares, whilst the share price remains sub-2p would be non-sensical.

PPS. Likewise the c135.2m Placing Warrants are exercisable at 3p i.e. the warrants necessitate the Placing, Susbcriber and Broker Offer shareholders paying 3p per new share issued (raising in the process up to c£4.1m for DVRG). Furthermore, the Placing Warrants must be exercised on, or before, 15 November 2023 (otherwise the warrants lapse). Exercising the warrants at 3p, let alone then selling the acquired shares, whilst the share price remains sub-2p would be non-sensical.

PPPS. The c50m Broker Warrants and c12.5m Broker Further Warrants are exercisable at 2p and 3p respectively (raising in the process up to c£1m and c400k respectively for DVRG). Furthermore, the Broker Warrants and Broker Further Warrants must be exercised on, or before, 15 November 2025 and 15 May 2024 respectively (otherwise the warrants lapse). Again, exercising the warrants at 2p/3p, let alone then selling the acquired shares, whilst the share price remains sub-2p would be non-sensical.

PPPS. All warrants are a right to buy a given amount of shares at a given price at a future date (which may, or may not, be fixed). Unless the warrants are £nil paid (which the above warrants are not), they are not a licence to make "free" money as you imply. So stop spouting your financially uneducated gibberish.

[goforgold1] 02/3/2023 13:07

Could you enlighten me were revenue would be coming from as they are loss making. If you believe they did 18 million you deserve to lose your money. Lol.

[goforgold1] 02/3/2023 12:50

That 1.4 million is a sell. Mms trying to make it look like a buy. Lol

[goforgold1] 02/3/2023 12:49

The 2.5 million was by TP. They only sold 800k lol. So a shortfall of money of 1.7 million. Read it as you want the funding was in two different tranches.

[thetrotsky] 02/3/2023 08:49

You do talk some tripe GFG1. Thankfully people don't give you any credence because you are incapable of getting even simple facts right. TP did not underwrite any part of the offer. I suggest that you re-read the RNS issued on 27 October 2022 where it states in black and white "The Placing, the Subscription and the Broker Offer have not been underwritten". The key word is NOT! It was a take it or leave it. Get back in your hole.

[goforgold1] 02/3/2023 08:13

Turner Pope trying get this over 2p get there money back . Lol they have millions of shares to dump that were unsold in the funding .

[thetrotsky] 01/3/2023 18:13

"My sources"? Surprise in a good way? Timeframe? Don't be coy.

[henrycns] 01/3/2023 17:26

My sources are telling me that DVRG and MSYS might be about to surprise a few people.

[abergele] 01/3/2023 17:24

nice finish to the day..g.l.

[pwal] 01/3/2023 15:26

Nice rise.

[pwal] 28/2/2023 11:59

Remind me please. Why did the share price drop from 15p in the last year?