Eqtec Share Discussion Threads

[dave68c] 27/7/2018 10:37

Think we have slipped into top riser territory ?

[mertymcs] 27/7/2018 10:36

The dealings of origen capital when you dig into it hasn't got the best background and people involved have not been the most straight line.The announcement of the UK sites for eqt did not come with a great deal of profit to the company and still are yet to really get off the ground.As for other contracts, I have not seen anything official just the word from people on these forums.There is a great need of money from EQT which resulted in the poorly organised CLN which allowed for many to jump on the recovery band wagon and the recent finance rns has helped pick the price back up to normal trading performance.

[discojames] 27/7/2018 10:03

Maybe you could start by justifying why you believe it to be a 'dodgy consortium', please - pick apart each of the interested parties and explain why ANY are dodgy or why they would be selling at this point.

[discojames] 27/7/2018 10:02

What a clueless post that is Mertymcs. Please tell me what you know about EQT because you appear to just be spouting rubbish.

[mertymcs] 27/7/2018 08:36

News has always meant to be dropping and it is the one thing people quote most often.I will believe it when I see it and welcome the I told you so responses, but I don't think they have the news coming what everyone is saying.

[trendspotting] 27/7/2018 08:09

No need to be careful here. This is quite possibly one of the exciting and well disguised AIM plays out there. We are going to see some serious shifting when the news drops and it is clear from the trading going on that the share price is being help up. Research is key and this is well in for a strong turnaround.

[mertymcs] 27/7/2018 07:56

Be careful ofnthe dodgy consortium put together for the last funding on this one. They will be pushing higher for liquidity and will be selling into it all the time.Corruption working at its best in this one.

[endion] 27/7/2018 01:01

Origen Capital LLP ("Origen") has invested £1.15 million in consideration for the issue of 191,666,667 new ordinary shares of €0.001 each in the Company ("Ordinary Shares") at a price of 0.6 pence per share (the "Issue Price").

· Altair Group Investments Limited ("Altair") and Ecofinance (GLI) Limited ("Ecofinance") have agreed to capitalise interest payments of an aggregate of £693,168 pursuant to existing debt facilities by the issue of an aggregate of 115,528,000 Ordinary Shares at the Issue Price.

Origen, Altair and Ecofinance will be granted with warrants to subscribe for an aggregate of 153,597,333 Ordinary Shares exercisable at a price of 0.75 pence.

The warrants will need to see good profit above 0.75 p to be sold, so I expect any sell pressure from those to be a way off.

Plus, current contracts have a potential revenue of £70million. More than enough to pay back any debt. With berscheva gone and black toro in, this is going to be a glorious turn around.

[endion] 27/7/2018 00:55

Which RNS are you referring to? Brescheva, which is now out, or the latest loan facility to get rid of them and provide a way forward?

[dave68c] 27/7/2018 00:36

No idea where all ?? Came from

[endion] 27/7/2018 00:22

Some Tech Analysis for Eqtec. Up to you how much you read into it, TA is only useful in certain contexts and can be completely wrong! It is interesting and fun to predict though so I thought I'd share.

What we may have seen so far would be Wave 1 and 2 of a typical upward Elliot Wave formation.

Wave 1 would have started around May 23rd, and risen from circa 0.285p to 1.285p. Making a Wave 1 rise of 1p.

Wave 2 is a retracement, and is typically near one of the Fibonacci ratio percentages. This retracement was 40%, close to the 38.2% perfect ratio, down to 0.75p.

The next wave, Wave 3, is usually the longest of all the waves, typically 161% of Wave 1. Using this as a guide p, the current wave would see a rise to 2.35p.

Having said all that, TA is only useful to a degree. It can be affected by news flow, and no graph is a perfect representation of it.

[trendspotting] 26/7/2018 16:13

Interestingly the share price is offering me 1.30 to sell about a million shares and its been that way for the past hour so all the trades. A big buy being processed?

[trendspotting] 26/7/2018 12:04

Don't say I didn't warn you. This could easily be doing 20% moves daily whilst we await the news. Make sure you keep an eye on Ebioss.

[1bluehorseshoe] 26/7/2018 12:04

On the move

[trendspotting] 26/7/2018 08:17

Watchy watchy. Glad we are not spiking. This will slowly move throughout the day. Load on the dips. DYOR about Ebioss.

[ny boy] 25/7/2018 19:39

On our way to 2p + impressive price action today, let’s see if we can break the previous intra day June high (1.43p) tomorrow

[shirley83] 25/7/2018 18:41

Solid finish

[1bluehorseshoe] 25/7/2018 16:16

People forget how small the freefloat is here

[shirley83] 25/7/2018 14:58

Or with the volume. Everything coming together

[paul8515] 25/7/2018 14:18

Can't argue with 6%!

[new tech] 25/7/2018 13:47

slow but sure rise.

[undertaker] 25/7/2018 08:48

LSE reporting BTC ebios news here...



English translation below...

SIGNING OF THE AGREEMENT BETWEEN EBIOSS, THE MAIN BONDHOLDERS OF THE COMPANY AND
BLACK TORO CAPITAL TO ACCELERATE ITS PLAN FOR INTERNATIONAL EXPANSION

Last February 28, 2018, Ebioss Energy published two relevant facts in which it announced the signing of a letter of intent with Black Toro Capital (“BTC”) by which the latter party expressed its interest in analyzing a potential investment in the company to accelerate and consolidate its international expansion plan, supported by the technologies that this party has developed in recent years and the growing potential of the sector in which it operates.

The support of BTC to help drive our expansion and to acquire the necessary resources for these ends represents a qualitative leap for the Company in its international competitiveness, a vote of confidence in the strategy deployed to this date, and a top level reinforcement for the purpose of accelerating our expansion and bring it to fruition in the shortest possible time, in the form of the creation of value for our customers, employees, suppliers, partners, shareholders and investors.

As of today, and after the relevant facts that were announced regarding the positive evolution of the talks between the two companies, an agreement has been signed between the company, the major bondholders, and BTC (the “Agreement”)- to facilitate the financing and give the company the means necessary to fulfill their project-related and business commitments, in this way supporting its geographic growth in the markets in which it operates.

It is important to emphasize that the major bondholders, who represent the majority of the debt held by the company, have signed to the Agreement, offering to assess the easing of the conditions of its collection; thus also contributing significantly to the consolidation of the group and the visibility
of its expansion plan.

In this process, BTC has provided the necessary funding to enhance the existing projects and commercial agreements over the course of its international expansion, by means of an additional loan of 4,000,000 euros at 15% PIK and a maturity of three years, to be formalized and disbursed before 11:59 p.m. on July 31, 2018 (the “Condition Precedent” of the Agreement, if this is not the case). Similarly, 1,000,000 euros of the loan announced in the relevant fact of the 28th February has been novated under these same conditions. As a guarantee of these loans, the company has pledged the shares of its subsidiaries.

In addition, an independent expert of renowned international prestige has been commissioned to carry out a feasibility study and the determination of the capital needs and the debt that is sustainable by the company. On the basis of this analysis and its results, the Company, in conjunction with BTC and the main bondholders, shall define the restructuring of the current debt of the Company, which will determine the needs for addit