Dg Innovate Share Discussion Threads

[fatfish] 12/8/2022 15:38

turbo

Why oh why do people always resort to name calling, Really is that the best you can do.

Ok firstly I like all people have been called many things, but, FAT!! that is going too far

well if you think the below is good, what can I say. Enjoy your losses.

Key Audit Matters

Going concern

The Company has no revenue for
uncertainty
the year ended 31 December 2021
(2020: GBPNil) and has incurred
an operating loss of GBP3,914,764
(2020: GBP266,693) including a
GBP2,042,335 non-cash exceptional
share options and warrants charge.

The Company has outstanding creditors
of GBP737,166 at 31 December 2021
(2020: GBP2,145,256) and cash funds
of GBP686,400 (2020: GBP468).

The Company has continued incurring
further losses subsequent to the
year end.

Given the performance in the year,
including the significant losses,
creditor balances and decreasing
cash funds, going concern was considered
to be a key audit risk area.

[fatfish] 10/8/2022 06:17

All the new investors are beginning to see the story now

[fatfish] 08/8/2022 11:45

No doubt these clowns are still being paid while we are suspended.

[fatfish] 01/8/2022 17:38

Ah not to worry, last time this happened it only took about 3 years to sort :-)

[sleveen] 29/7/2022 06:51

Wont be worth reading even when the accounts are published.

[potts76] 22/7/2022 14:26

hxxps://gov.wales/caerphilly-based-consortium-wins-race-funding-develop-new-greener-electric-vehicle-motor

[fatfish] 20/7/2022 06:37

Will they manage to get the accounts out before the end of July??. ooooooh place your bets, I say NO, or, will they as per usual not relist for some time.

Only time will tell.

[fatfish] 08/7/2022 14:11

turbotrader28 Jul '22 - 10:46 - 112 of 112
0 0 0
You lot are all deluded


turbo you may be right but.

[turbotrader2] 08/7/2022 09:46

You lot are all deluded

There is nothing wrong whatsoever


You will see that on return

[hallucigenia] 06/7/2022 17:18

@fatfish
Per the 30 June announcement :
The Company will request a restoration of its listing once the Company's audited report and accounts for the year ended 31 December 2021 has been published. The Company continues to work closely with Moore Kingston Smith LLP, auditor to the Company, to ensure that the audited report and accounts for the year ended 31 December 2021 is published as soon as possible. This is expected to be before the end of July 2022.

If it was up to me they wouldn't have been allowed to do the takeover without at least a 100:1 consolidation, but given that they didn't do one then, it's unlikely they'll do it now.

[fatfish] 06/7/2022 06:20

wonder how long we will be suspended for this time and will we have a consolidation on return

[sev22] 05/7/2022 10:28

5 openings.

Looks like they are moving on both mechanical drive and battery materials fronts in tandem and doing collaborative r&d.

[hallucigenia] 04/7/2022 10:42

So - what's the goss?

As a non-holder, the combination of unspecified audit issues delaying the accounts and the CEO getting booted out at 17:45 on a Friday with not so much as a "thank you for all you have done for the company" screams A Big Problem.

ETX Capital as broker and Grant Thornton as Financial Adviser have questions to answer.

[turbotrader2] 02/7/2022 14:12

Agreeing with you and its positive

[fatfish] 02/7/2022 05:44

Board Changes' announcement made earlier today Christopher Theis, a director of the Company and its former Chief Executive Officer, has resigned from the Company with immediate effect

The right thing to do

[fatfish] 01/7/2022 17:34

Fair play, I was thinking you thought it was an ok share, which it obviously isn't. Not the song. Sorry.

[sleveen] 01/7/2022 15:43

fatfish I was :-(

[fatfish] 01/7/2022 15:40

turbotrader21 Jul '22 - 16:22 - 100 of 102
0 0 0
The delay in the results is simply down to a change of auditor!
Its what else is coming with the results that you should focus on

THE RESULTS ARE SIMPLY ACADEMIC

So it does not matter weather the results are good or bad then.

what a load of twaddle aimo of course

[fatfish] 01/7/2022 15:38

sleveen1


sleveen1 Jul '22 - 15:52 - 98 of 101
0 0 0
What can be said; an okey cokey share: in and out of suspension.

Shame you were not invested from the beginning then you may have different views.

[turbotrader2] 01/7/2022 15:22

The delay in the results is simply down to a change of auditor!
Its what else is coming with the results that you should focus on

THE RESULTS ARE SIMPLY ACADEMIC

[turbotrader2] 01/7/2022 14:55

Plenty to comment on