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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Hellenic Dynamics Plc | HELD | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
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|---|---|---|---|---|
| 0.00 | 0.00% | 0.95 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.95 | 0.95 |
| Industry Sector |
|---|
| EQUITY INVESTMENT INSTRUMENTS |
| Top Posts |
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Posted at 15/1/2025 23:50 by triskelion It's the Marie Celeste of stocks.Compare and contrast for instance CORO (though AIM traded not main market) which till lately was also in suspension and for me showing the same scale of paper loss. In the case of CORO however if current proposals get upheld at upcoming shareholder and bondholders meetings even the bondholders for example will have taken a massive haircut and swapped their debt for the lower ranking of equity. So they appear to have hopes in their business plan and prospects. Cf. HELD. It's hard to know what explains the apparent inactivity of the major shareholders i.e. what do they know that we don't. It's not as if they are even theoretically impotent; probably not the best source and I have not verified this against the 2006 Act, but "...The members also have the ability to demand a general meeting. Section 303 of the Companies Act 2006 requires the directors to call a general meeting once the company has received requests from members representing 5% of the paid up share capital those entitled to vote at general meetings of the company...." See also (with same caveats): But would there be replacement/s willing to sup from the poisoned chalice? Again presumably it depends on how supportive or not the major shareholders might be...? EDIT 2025-01-16 Consider going to e.g. and searching for Holding in Company and you will find data indicating there are several shareholders with the necessary voting rights to er, activate matters if they so wished. Meantime a random reprise from 2021-06-10 regarding KNB's potential interest in the operations of HELD: |
Posted at 30/12/2024 21:32 by triskelion Sharescope gives the total of the holders I listed as having over 40% of HELD's issued capital. Presumably their data source/s is/are the same as other online research providers eg Stockopedia at least as regards TR1s etc...?I thought I recalled KNB having a shareholding in HELD but there's a (to me) currently confusing Note 20 of KNB's AR y/e 31 December 2023 indicating perhaps not, but it contradicts the Sharescope number for Samos so maybe it's referring to KNB disposing of Samos not HELD, haven't really looked at it properly yet (and likely won't). |
Posted at 27/12/2024 19:57 by extrader Companies House isn't very informative.Of the 9 co's linked to Rai, only HELD (accounts overdue), KARD Group (buying and selling of own real estate) and Campus Society ('active process to strike off')are 'live-ish': of the remaining 6, 5 are 'dissolved' and 1 is 'in liquidation'. If I were a betting man... GLA |
Posted at 15/11/2024 15:41 by masergt1 Well, well. I'm absolutely shocked to the tips of my toes. How can any lender be so unhelpful to such an honest and commercially successful company as HELD???Update on €1 million loan HELLENIC DYNAMICS PLC Released 07:00:05 15 November 2024 RNS Number : 3408M Hellenic Dynamics PLC 15 November 2024 15 November 2024 Hellenic Dynamics plc ("Hellenic Dynamics" or the "Company") Update on €1 million loan London, 15 November 2024, - Hellenic Dynamics plc (LSE: HELD), a medical cannabis cultivator focused on producing medical cannabis flowers for global markets announces that further to the Company's announcement of 7 October 2024, which provided an update on the receipt of the €1 million loan originally announced on 22 April 2024, the Company confirms that, despite continued reassurances from the lender, the loan has not been received and the directors of the Company have no certainty that the loan will be received, and if received on the timing of such receipt. As such, the Company is now exploring alternative financing options to meet its working capital needs effectively. |
Posted at 13/11/2024 21:06 by triskelion Yeah real momentous news, change of registered office. (To confuse process servers for a while?)I'd sooner they just quantified the need for a raise and started talking about it publicly. 'I've started so I'll finish...' Company doctor required but how to remunerate. btw interesting that bbc article the other day about an Isle of man cannabis cultivation company getting build approval. If they can do it albeit in a place with higher costs what is the real reason for the prolonged stall in HELD sticking to its business plan? |
Posted at 22/8/2024 17:33 by masergt1 sk2. HELD is main market listed not AIM therefore it isn't required to employ a Nominated Advisor. Check my #221 above. Main market relies on trust. Lol. That's how Rai has got away with serial lies and death spiral financing.Kiss goodbye to the €1 million EU grant, or whatever other fanciful sources Rai has up his sleeve. I still can't believe that two directors have put up personal funds with unsecured interest free loans to keep the company alive and out of court where full disclosures would have to be made. Unless, as I say, they're in on it and couldn't risk exposure. |
Posted at 04/8/2024 15:20 by masergt1 Make your mind time. Which of these, or are all of these, HELD. Note different valuations, turnover(lol!!), assets, etc. Where's Bellend now?Ready For Sowing Medical Cannabis Business In Thessaloniki For Sale Greece UNDER OFFER QUICK SALE Asking Price: €4,500,000 Furniture / Fixtures included Sales Revenue: Over €5M Cash Flow: Over €2.5M The company owns the field, a greenhouse ready for sowing and a Greek State license for medical cannabis. The owner is selling the mostly constructed infrastructure (fence, greenhouse and some of the processing facility) because he started building the facility but relocated (he is not a Greek national). The field is 19 acre (of which the facility encompasses 2 acres) and is selected especially for medical cannabis cultivation. The company, field, and partially constructed but ready for sowing facility and license is being sold at 5MEUR. This a capital-intensive, low-risk high-returns investment and an opportunity to minimize start-up time for production. Property Information Real Estate: Real Property Included Location: The company is located less than 40km from the city of Thessaloniki Premises Details: The business premises is agricultural land, accessed by a short country road Size in square feet: 800,000 Business Operation Expansion Potential: The company can easily expand its facilities to all 19 acres, and buy neighboring fields for further expansion Competition / Market: There are only 2 medical cannabis production businesses into operation in Greece. Reasons for selling: The owner has relocated to another country and is selling the facility Employees: None, the company is not operating Years established: 4 Other Information Support & training: The business owner has already relocated to another country, but our company can provide technical and business support following a suitable negotiation Financing available: Our company, ErgoQ can support you in securing bank financing as well as up to 50% Greek State subsidy on further expansion plans Business closed / Asset sale: Yes |
Posted at 20/5/2024 17:25 by extrader This from Halland75, trading as Investing Genius :.."People are clearly forgetting the 1m EUR loan over 15 years at 3.5%, this is accessible in June.." H75/IG We weren't told when this loan would be available when it was first announced in April, we learned of the midJune target date only after the emergency placing a fortnight later : .."The proceeds of the Placing will be used for general working capital purposes up until the €1 million loan facility, announced by the Company on 22 April 2024, is received by the Company, which is EXPECTED to occur during mid-June 2024." Then last week we learned this, about the earlier Riverfort facility ($315K principal + interest still o/s) : .." Under the terms of the [Riverfort] Facility, the Company was required to maintain sufficient headroom in its share authorities to be able to satisfy the outstanding balance of the Facility by way of the issue of new ordinary shares in the Company, if not repaid in cash." HELD has implicitly acknowledged that the Euro 1 m loan may not arrive, or may not arrive in time, because it has agreed [= been told by Riverfort it MUST] call a meeting 'to be held no later than 9 August 2024 [ Ed.: ie 90 days grace] in order to seek to pass resolutions to grant the necessary authority free of pre-emption to enable the Company to meets its obligations, unless the Outstanding Balance has been paid in cash, pursuant to the covenants in the Facility and to provide the directors with suitable capacity to allot shares as required from time to time..." In plain English : HELD is calling a meeting [at Riverfort's insistence, my guess] to get authority to issue more shares in case Riverfort isn't paid off by the Euro 1 million loan. Riverfort clearly doesn't share your confidence that the new loan will come through timeously. Now ask yourself : why would a new lender agree to disburse (unless unavoidably required to do so), when 1/3rd of its money would be going to pay off another creditor, not to be productively invested in the business ? Especially when there seems growing (geddit?) uncertainty as to what that business is. And - given this visible, known (in the public domain) uncertainty - why would an insurance company agree to be/stay on the hook for Euro 1 million for a measly 25K insurance premium? 'Splain that to me like I'm a 7 year-old. GLA |
Posted at 03/4/2024 15:28 by extrader This from investing Genius (sic) :If - per 4 - the bank (still Piraeus?) is a big supporter (a) why is there no update re status of the loan application and (b) why is there talk of alternative funding? If - per 5 - HELD only took GBP 350 K (we were told $450K, never mind) and has been repaying 'since October' why only announce a mix of P + I (no breakdown) PARTIAL repayment, 5 months later ? PS as I showed in an earlier post, it's arithmetically impossible for HELD to have been repaying instalments in full since October and still only have paid off principal (AND interest) of GBP 90K...which suggests that they're in some kind of 'soft default' / forbearance, surely? This from a man who acknowledges (point 13) that 'PR and comms haven't been good' .......and assures us that he's going to do better. That 'New year's resolution' hasn't worn well ! Point 6 acknowledges that HELD is indeed 'running on fumes'. If RGO is liquidating its portfolio as quickly as it can (per Halland75/Investing Genius), they're hardly likely to disincentivize early payment by imposing a penalty fee, are they? What's the betting HELD will nevertheless use that as a reason for drawing out repayments ? 'There are more questions than answers...and the more we find out, the less we know', it would seem. Same old, same old...AFAICS |
Posted at 27/1/2024 23:23 by halland75 Danielm89,If you are around at some point I would really like to know what you think of this, I ask you as you were the first who pieced together a possible Pfizer link with HELD. I think it's a very realistic possibility that Pfizer could buy HELD once IP protection is secured (see the NBC piece below where it states Pfizer abandoned its cannabis-related patents). And remember in an interview Davinder was not opposed to a buyout. If Pfizer partnered/bought HELD out, perhaps Pfizer now feels the time is right to continue the work they had discontinued in regards to their pain treatments. Remember that HELD can produce different strains of medicinal cannabis, and that if HELD secured that IP protection, meaning only they can be used to supply it. Covid is over, Greek Banking crisis is over, Large Pharmaceuticals getting into the medicinal cannabis space, and that Pfizer link.... "Big Pharma Watching, Waiting and Building Cannabis Patent Portfolio". Published on: July 10, 2019 David Hodes "Big pharma is working on locking up cannabis patents, creating partnerships, and standing by to use its financial muscle for more ownership of the medical cannabis industry when the time is right". This piece from NBC News Now on Sept. 26, 2019, 5:44 PM BST By Noah Smith A Pfizer spokesperson, Sally Beatty, said the company “abandoned&rdq Is it just wishful thinking from me, or perhaps everything is aligning now? At this IMO, right time. |
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