Gunsynd Share Discussion Threads

[tomboyb] 27/1/2020 15:51

rns out -

Looks like a personal bank account -

Real shifty -

[tomboyb] 27/1/2020 15:43

Gunsynd PLC Human Brands Update
27/01/2020 3:35pm
UK Regulatory (RNS & others)

Gunsynd (LSE:GUN)
Intraday Stock Chart
Today : Monday 27 January 2020

Click Here for more Gunsynd Charts.
TIDMGUN

RNS Number : 0491B

Gunsynd PLC

27 January 2020

Gunsynd plc

("Gunsynd" or the "Company")

Human Brands Update

Gunsynd Plc (AIM: GUN, NEX: GUN) is pleased to announce that following the expiry of the loan note announced by the Company on 18 December 2017 detailing a loan from Gunsynd to Human Brands Intl Inc ("Human Brands"), the parties have agreed to roll that loan note, along with other outstanding loan notes, into one new loan note (the "Loan Note") with a principal value of GBP378,575 (which includes principal and rolled up interest on the existing loan notes which will be cancelled) as follows:

-- The Loan Note will accrue interest at 12% per annum;
-- the repayment of the Loan Note is due on 20 January 2021 ("Repayment Date"). The payment at maturity will include the principal amount of the Loan Note plus all accrued interest;

-- Gunsynd shall be entitled at any stage on or prior to the Repayment Date to convert all or any part of the Loan (and any outstanding interest thereon) into ordinary shares in the capital of Human Brands by serving a conversion notice on Human Brands. The conversion price will be determined by dividing GBP3,500,000 (representing the agreed pre-money valuation of the ordinary share capital of Human Brands) by the total number of ordinary shares in issue immediately prior to conversion.

In recognition of the efforts of Gunsynd to assist with its proposed London Stock Exchange listing, Human Brands will, within 5 Business Days of each Fundraising Event (as defined below) which occurs in 2020, Human Brands shall issue ordinary shares to Gunsynd in order to ensure that:

i. where the total amounts raised pursuant to Fundraising Events occurring in 2020 (Raised Funds) are equal to or less than US$350,000, Human Brands shall issue an aggregate number of Fee Shares equal to 1% of the entire issued share capital of Human Brands to Gunsynd as enlarged by the applicable Fundraising Event;

ii. where the Raised Funds are greater than US$350,000 but equal to or less than US$500,000, Human Brands shall issue an aggregate number of Fee Shares equal to 2% of the entire issued share capital of Human Brands to Gunsynd as enlarged by the applicable Fundraising Event; and

iii. where the Raised Funds are more than US$500,000, Human Brands shall issue an aggregate number of Fee Shares equal to 3% of the entire issued share capital of Human Brands to Gunsynd as enlarged by the applicable Fundraising Event.

A Fundraising Event means either (i) a placing of Ordinary Shares carried out pursuant to an IPO of Human Brands on any recognised investment exchange or (ii) the raising of funds on a crowdfunding platform in the UK by Human Brands.

Business Update

Human Brands has received confirmation from a major US liquor retailer, that its submission for its Japanese Whisky, Shinju, has been approved. Total Wine & More ("Total") informed Human Brands that its corporate office has approved Shinju to start selling in selected stores immediately.

This is a major step for Shinju as it will now be available to the public in one of the largest independent alcohol retailers in the United States. Total has over 200 stores across the country and achieves over $2B in sales nationwide.

This will provide significant exposure for Shinju. The brand will start selling in Total's Florida, Massachusetts, Maryland and New York locations. These are the states where Human Brands currently has distribution for Shinju (in addition to Washington DC). As distribution expands into new states, Shinju will be added to Total's locations in those areas.

Human Brands is in discussions with a number of parties with respect to raising funds, in particular to increase its marketing and distribution of Shinju both domestically and internationally, and to launch its Copa Imperial tequila brand.

The audited accounts of Human Brands to December 31, 2018 show an increase in revenue of 41% in the year ended 31 December 2018 to $1.036m. Gross profit increased by 34% to the year to $0.648m. Net loss before non-cash items increased from ($231k) to ($418k). The accounts of Human Brands have now also been audited up to 30 June 2019. The results compared to the 6 months ended 30 June 2018 show an increase in revenue of 14% and an increase in gross profit of 29%.

The redomiciling of Human Brands to the UK and renaming as Rogue Baron Limited is anticipated to take place within the next 2-4 weeks. A further announcement will be made when this is concluded.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

The Directors of Gunsynd accept responsibility for this announcement.

For further information please contact:


Gunsynd plc
Hamish Harris [phone]

Cairn Financial Advisers LLP
James Caithie / Liam Murray [phone]

Peterhouse Corporate Finance
Lucy Williams [phone]

[tomboyb] 27/1/2020 15:38

Some real scumbags on aim -

lol -

If u get paid for doing "sweet" and on top over expenditure into other general overhands you have to ask whose money actually pays in when a dir buys shares -

AIM is having its day -

[tomboyb] 27/1/2020 13:12

Looks like GUN are waiting for the money to run out -

Additional expenses on top of their ridiculous wages -

[pennydealer] 23/1/2020 15:55

Nothing getting milked out of GUN is getting anywhere near shareholders.

[tomboyb] 22/1/2020 18:14

Do you think any monies here are for shareholder benefit? -

lol -

Look at the management -

[pennydealer] 22/1/2020 17:01

Tried to sell GUN shares this morning. No buyers. Cant sell. Dead in the water.

[kemche] 08/1/2020 10:30

Wtd, cogent and well argued. As always.

[pennydealer] 08/1/2020 10:23

Thank the Lord

[seagullsslimjim] 07/1/2020 20:16

well for you it is XX

[pennydealer] 07/1/2020 19:56

28% of virtually nothing =

[seagullsslimjim] 07/1/2020 15:50

looks like oblivion is having a breather today and on the up! (+28% in the last hour)

Maybe Penny has sold up and taken the wife and kids out?

[pennydealer] 03/1/2020 21:09

Oblivion approahes

[kemche] 02/1/2020 14:37

whattheduce30 Dec '19 - 17:33 - 3111 of 3112
0 0 0
RGM

Out of nowhere following a deathly silence.

Me thinks GUN is lined up, can't give you 10,000% but perhaps enough to pop a few socks off.





RGM issued 7 billion shares and consolidated you numpty!

[pennydealer] 02/1/2020 14:26

Stop trying to falsely raise peoples Hope.

[whattheduce] 30/12/2019 17:33

RGM

Out of nowhere following a deathly silence.

Me thinks GUN is lined up, can't give you 10,000% but perhaps enough to pop a few socks off.

[seagullsslimjim] 30/12/2019 17:22

Still on your Christmas holidays Penny?

[pennydealer] 30/12/2019 10:11

What's the big reveal ? FSA investigation started ?