Image Scan Share Discussion Threads

[lfc4ever] 21/5/2014 13:14

are real muppets better than puppet muppets?

[buywell2] 16/5/2014 08:15

New FD usually means cash call cometh







buywell2 8 Apr'14 - 08:29 - 4566 of 4589 0 1 edit

On reflection with the present Mkt Cap raising £2.5m would be a big stretch

Perhaps £1.25m or 50m shares at 2.5p could be doable


buywell2 8 Apr'14 - 08:32 - 4567 of 4589 0 0 edit

It's obvious that the resources refered to are CASH

At £83,000 the company must be close to not being able to continue trading

11th April and the Hat will be passed around
The share price could now slide to circa 3p in my opinion overcoming days

Cash call would then be at circa 2p

dyor

''As a result of an onerous nuclear contract and given the limited resource base available, it has been necessary in recent years to restrict R&D activities to modest incremental development. However, the Board is exploring means of accelerating product development. In order to give this fresh impetus, it is intended that following the General Meeting on 11 April 2014, Bill Mawer will be appointed Chairman and Chief Executive Officer, and he will be taking executive responsibility for the introduction of new technologies and the associated development of new products.


The current bank balance stands at GBP83,000 and the Company remains debt-free. Image Scan maintains an overdraft facility of GBP100,000 with the Royal Bank of Scotland.''

[philjeans] 16/5/2014 08:07

And there goes the FD.

Probably all for the best - a clean sweep.

Whole business now worth £1.6M according the market.

;-)

[dan de lion] 18/4/2014 11:23

hvs1 was dissing QPP all the way up, it seems to be a contra indicator.

[mooreatupton] 18/4/2014 08:22

Congratulations to hvs1. The first time I have used the filter button.

[puffintickler] 17/4/2014 17:25

hvs1? It's what the filter button is for.

[assagai] 17/4/2014 17:11

No monty he seems to have a little flurry of posts every few weeks, always the same diatribe of derision and pox!
very reminiscent of a poster on the TRT thread......

[monty68] 17/4/2014 17:03

Didnt see hvs1 before last post. I agree with Assagai, completely pointless comments.

[assagai] 17/4/2014 15:43

hvs1 why not take your vile bile and shove it!
We have a new Board of serious players, at last. They chose to take shares not cash - just think!

[monty68] 17/4/2014 15:08

lets all wait and see what the baord has to say/do

[peterblok] 11/4/2014 12:38

You go for it Pru!

[pru dent] 11/4/2014 12:12

This should be the bottom for this company with a new fired up and incentiveised
Board. Think I might add at this level.

[assagai] 11/4/2014 11:43

Well that's a vote of confidence. Bill Mawer taking what he is owed in shares and investing a further 25k to boot! Surely that must tell us something...

[flashheart] 08/4/2014 20:58

Not a holder here but interested and waiting in the wings shall we say. Been there waggle and whilst it hurts short term, you do come out the other end. I for one am happier now than I ever was. Good luck mate.

[waggle] 08/4/2014 14:11

Fine thanks PB, apart from my balance sheet being hollowed out by my shortly to be ex wife!! so am hoping that ITM, TRT and IGE , not to mention TRK all do the decent thing over the next 18-24 months and help to repair it!!

[buywell2] 08/4/2014 13:05

message getting through slowly

[boonkoh] 08/4/2014 12:43

And its not just the £83k but also the £100k overdraft that mgmt can rely on to keep afloat for a while till cash flow comes in.

[peterblok] 08/4/2014 09:57

Nice to hear from you Waggle. Hope you are well

[mjcrockett] 08/4/2014 08:52

Buywell you are talking absolute rubbish. You say - "At £83,000 the company must be close to not being able to continue trading".

Image Scan has survived for years with small amounts of cash and has recently made some substantial savings in its cost base.

[waggle] 08/4/2014 08:51

so rather than "as the onerous contract draws to a close"....why not give a specific time period...is it 3 months, 6 or over a year, and just how much of a cash drain is it? NOT clever to start hares running like this.

[assagai] 08/4/2014 08:33

Typical , haven't even got the guts to stand by your post - Edited for all to see but you can't edit my copy can you!

[buywell2] 08/4/2014 08:32

It's obvious that the resources refered to are CASH

At £83,000 the company must be close to not being able to continue trading

11th April and the Hat will be passed around
The share price could now slide to circa 3p in my opinion overcoming days

Cash call would then be at circa 2p

dyor

''As a result of an onerous nuclear contract and given the limited resource base available, it has been necessary in recent years to restrict R&D activities to modest incremental development. However, the Board is exploring means of accelerating product development. In order to give this fresh impetus, it is intended that following the General Meeting on 11 April 2014, Bill Mawer will be appointed Chairman and Chief Executive Officer, and he will be taking executive responsibility for the introduction of new technologies and the associated development of new products.


The current bank balance stands at GBP83,000 and the Company remains debt-free. Image Scan maintains an overdraft facility of GBP100,000 with the Royal Bank of Scotland.''