Dev Clever Share Discussion Threads

[duckdown] 27/3/2019 10:12

Pump & dump?

[tidy 2] 27/3/2019 09:18

Pop back here when the cap is GBP750k.

[euclid5] 22/3/2019 20:15

such a good rns today & price is up just 0.125p !!!!

[euclid5] 22/3/2019 20:15

pretty standard disclaimers, not if they owned the IP, so it's not standard

It's all in the prospectus, important doc to read

Co's that have protection on their IP will not put in their prospectus
"at this time limited protection of its intellectual property"

what about the 1p shares

No reveune forcasts from the rns today

If the rns was that good today, it put nothing on the share price?

seems big sales a few days go over 450k

It's up to investors to make their own judgement & research not me
But guess you are part of the ramping brigade

still loss making - co's like these go nowhere near £200m capps, that's rampers thoughts, you need to step into the real world of business. If they were to be valued at £200m they would not of allowed Pre-IPO Fundraise, at the issue price of £0.01?

[bittorrent] 22/3/2019 13:25

That is a pretty much standard disclaimer you would find in many prospectuses for companies with IP, stop trying to scare people euclid5.

[time1] 22/3/2019 07:56

Hahah elucidWhat you make of today's news, partnership with Oracle the 3rd biggest software company in the world. I'm sure they would have looked at your research prior to partnering with Dev. Hahhahah 200m market cap

[euclid5] 21/3/2019 22:04

The Group’s Intellectual property

Whilst the majority of the Group’s products and processes are proprietary, the Group has at this time limited protection of its intellectual property. The commercial success of the Group depends in part on its ability to protect and exploit its intellectual property and to preserve the confidentiality of its intellectual property.

The Group may not be able to protect and preserve its intellectual property rights or to exclude competitors with similar products and/or processes

[euclid5] 21/3/2019 22:01

page 19

The Group’s future growth and prospects will depend on its ability to manage growth
The Group has traded since 2013. However, it is at a relatively early stage of its growth. Companies at that stage of development often face such risks as under-capitalisation, under-capacity, cash shortages and limited resources.

[euclid5] 21/3/2019 21:51

page 113:

On 14 December 2018, the Company issued and allotted 33,500,000 Ordinary Shares to certain investors under the Pre-IPO Fundraise, at the issue price of £0.01, raising a gross amount of £335,000. The Ordinary Shares were fully paid up.

[euclid5] 21/3/2019 21:46

not bad work £220k converted to 22m shs at 1p

[euclid5] 21/3/2019 21:45

page 106

2. Syminex facility
On 10 August 2018, the Subsidiary, DevClever Limited, entered into a secured facility agreement with Syminex for a convertible loan facility of £210,000, included in Cash and cash equivalents. Included within Loans and borrowings is the principal amount due of £210,000, plus interest payable of £10,000.

Syminex has elected to convert the loan facility, plus interest of £10,000, to Ordinary shares on the date of the IPO.
For details of this material contract, please see Paragraph 14 Syminex Facility of Section 12 Material Contracts in Part VII Additional information of the prospectus.

An adjustment has been made to reflect the proceeds of a placing of 59,000,000 Ordinary Shares of the Company at an issue price of £0.01 per Ordinary Share, net of an adjustment to reflect the payment in cash of admission costs estimated at approximately £217,900.

On the date of the Placing, the £210,000 Syminex facility and £10,000 interest will be converted to 22,000,000 Ordinary Shares at an issue price of £0.01 per Ordinary Share.

[euclid5] 21/3/2019 21:42

page 97 of prospectus

The Subsidiary borrowed £50,000, net of transaction costs of £2,750 on 13 October 2017 from a group of investors co-ordinated by Funding Circle at an effective interest rate of 10.7%. The loan is repayable in monthly
instalments of £1,067 over a 5-year term and is secured by way of a personal guarantee by Christopher Jeffries, director.

The company borrowed £152,413, net of transaction costs of £9,729 on 9th April 2018 from a group of investors co-ordinated by Crowd2Fund Limited at an effective interest rate of 14.5%. The loan is repayable in monthly instalments of £4,112 over a 4-year term and is secured by way of personal guarantees from Christopher Jeffries,Director, Katie Jeffries, spouse, and Nicholas Ydlibi, Director.

[euclid5] 21/3/2019 21:27

page 77 of prospectus

so that's £335k / 33.5m shares = 1p per share


On 6 December 2018, the Company raised equity finance of £335,000 gross through the issue of 33,500,000 shares at £0.01

Page 77

[euclid5] 21/3/2019 21:08

large sales from 20 March - 430k - 300k - 250k - knocking price lower, now 9.75p on the bid - yet Blue HS & Share cog, still ramping it on twitter

[bittorrent] 19/3/2019 06:51

Please do, Jak.

[time1] 18/3/2019 15:14

Jak get back to ramping evrh it went up to 200m valuations with no revenue iD call that a POS, that you busy ramping.

[time1] 18/3/2019 14:58

Eagle eye and Dev Clever join forces10p is cheap after that news Big rise back to the highs pending

[euclid5] 18/3/2019 10:30

yep, fully agree with you there Tidy,

[tidy 2] 16/3/2019 19:47

Some dodgy characters involved at the grass roots pumping this. Connections with Darwin. Avoid peeps.

[letmepass] 14/3/2019 21:28

Haha LMFAO.. Still selling it seems

[time1] 14/3/2019 21:18

Anyway.....Consolidated now time for attack to 20p