Hellenic Dynamics Share Discussion Threads

[wrtmf] 28/11/2024 08:45

masergt1, i'm very sorry to read that, more so as you were the one cautioning folk. i hope something gets worked out, in your favour. best wishes, w.

ps. i made a big loss on this one too, thanks for info about hl

[masergt1] 26/11/2024 21:11

wrtmf. And you know what? Two years later I'm still trying to get a settlement out of HL for failing to open this stock for trading on that first day (thus killing an expectant market) despite all HELD's RNS's and advance publicity. HL have admitted liability for negligence/incompetence and accepted that their failure to act on my 8:00am sell order caused me to lose money. They've offered a paltry figure in compensation, a fraction of what they caused me to lose, and whilst confirming there was no time limit on their offer they have now withdrawn it entirely. I'll say no more on here but I'd be curious to know if anyone else hit them with a claim and if so what was the outcome.

[wrtmf] 26/11/2024 17:01

well done masergt1, you called this out from the spc days
5-12-2022 - 1st day of trading

[masergt1] 15/11/2024 15:41

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.

[triskelion] 13/11/2024 21:06

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?

[rafboy] 11/11/2024 13:36

Blimey a RNS. At least we know they are still going at the moment.

[triskelion] 10/10/2024 09:49

Yes, kinda echoes the RNS 1st August 2024 08:00:01
"...The Company announces that it will be unable to publish its FY24 Results by 31 July 2024, being the latest date permitted for publication of the FY24 Results under DTR 4.1.3R.

This is principally due to the Company being unable to provide all of the required information to its auditors, including confirmation of receipt of the long term loan of €1 million as announced by 22 April 2024 ("Loan"), in sufficient time for the FY24 Results to be signed off prior to 1 August 2024....."

...information to its auditors, *including*...
And what else, one wonders.

I see the downtickers are out but as usual not providing any remarks themselves to explain exactly what their objection to the posted facts might be.

[masergt1] 07/10/2024 18:43

"...procedural matters pertaining to the lender." = You failed our due diligence.

[triskelion] 07/10/2024 13:09

Maybe they'd be better deployed looking into TW's whimsical suppositions a month or two back about what might be going on behind the scene. I don't recall that he said he'd written to the regulator though.

RNS 7th October 2024 07:00:21
Hellenic Dynamics - Update on receipt of 1 million loan

"... receipt of the €1 million loan referred to therein, has been further delayed due to procedural matters pertaining to the lender. The Company has not received a confirmed date for the receipt of the funds, but remains confident that progress is being made. The Company will update the market when it is in a position to do so...."

[petersmith6] 07/10/2024 08:15

The police by me found a canbis factory with 12000 plants..so what these clowns doing

[sweet karolina2] 26/9/2024 09:16

Whilst CH allows 6 months for PLCs to produce audited accounts, the market only allows 4 months hence why trading in the shares is suspended.

If you look at the excuse for the delay given on 21 Aug, ie well over a month ago:

"has been further delayed due to procedural matters relating a change in bank accounts by the lender."

It is so obviously BS.

[triskelion] 25/9/2024 22:37

"Next accounts made up to 31 March 2024 due by 30 September 2024".
That's HMG Companies House file for this company #06374598.
Nothing since the 21st August 2024 RNS wherein "The company remains in conversations with the lender." But what's left to talk about?

[masergt1] 30/8/2024 17:44

trisk. THey haven't, and kemche's name says where he gets his ideas from!!

[triskelion] 30/8/2024 13:20

How do you know they've even planted anything?

[kemche] 28/8/2024 17:02

Once the harvest is ready then whoosh!

[george192] 28/8/2024 16:43

Plans are being set in place to bring the stock out of suspension

[supercity] 27/8/2024 21:11

They announced this winding up petition was withdrawn on 14th August.

[professoraim] 27/8/2024 18:52

All overhttps://x.com/blowster85/status/1828502138034757787?s=46&t=AyTT68pIet9C5L_0QaCBSQ

[masergt1] 22/8/2024 17:33

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.

[triskelion] 22/8/2024 17:28

I thought Nomads are for AIM not main market.

Personally I'd be happy to go with a bona fide raise even if only to punctuate the tedium of watching zero activity, including the fabled, but not happening, planting.