Incagold Share Discussion Threads

[pre] 10/3/2010 13:23

extract fro recent rns...will be interesting to see if they go for natural resources sector:

The Directors intend to
seek to acquire another company or business in exchange for the issue of
Ordinary Shares in a single transaction (a "reverse takeover"). The Directors'
main investment criteria are: -


* businesses in the UK, Europe and North America;
* businesses which require little or no funding in excess of the cash resources
available to the Company following the Disposal; and
* businesses whose growth prospects, if achieved, will be earnings enhancing
for Shareholders.

[pre] 10/3/2010 12:18

cheers buystock and tomboy...in with a few:-)

[tomboyb] 10/3/2010 12:11

shell with free float around 10%. thats why you can't buy too many.

[buystock] 10/3/2010 12:10

pre the link too the website which says it was coming soon is now not accessable is it about too go live.Coming Soon Surgisure is a new insurance solution to give you financial protection against the consequences of cosmetic surgery going wrong. ...
. Company name - SURGISURE HEALTH INTERNATIONAL LIMITED .

[buystock] 10/3/2010 12:01

pre it way too cheap and launch will come soon just wondering if mm,s have wind of surgisure launch

[pre] 10/3/2010 11:59

on line limits...375k sell vs only 10k buy...looks like i better free up some cash before she blows!!

[pre] 10/3/2010 11:58

very odd...can only buy 10k on line here??? This tiddler looks interesting...looking at reverse takeover opopotunities...

[buystock] 10/3/2010 11:45

just ordered 500k as launch is closing in.

[induna123] 29/1/2010 12:24

DADYAL, tale a look at RLH, another cash shell looking for an RTO/acquisition.

Talk of a link with TomCo who are looking to relist on AIM.

[dadyal] 28/1/2010 15:25

Worry not pal, its coming down as quickly it went up

[bozzy_s] 28/1/2010 15:08

It's just an opinion, but at least it's an honest opinion unlike the rubbish being spouted on the other thread. Simple case of asking 'what is the company worth' and 'what is it's current market value'. I think the latter is around 100 times too high at present!

[dadyal] 28/1/2010 15:02

Many thanks for your assistance, good job i couldnt buy £2K this morning

[bozzy_s] 28/1/2010 14:58

Fox Capital didn't buy 80% of it - they were given the shares from convertible loans (because the company didn't have any money to repay them).

Fox now have to try and recover some of their cash by selling the shares!

The entire trading business was sold for £7 in December 2009, leaving a small bank overdraft and an AIM listing for the shareholders.

If they don't find a reverse takeover opportunity by 23-12-10 they will delist. Given that there are hundreds of better bets out there for RTO's (i.e market caps under £1m, cash in bank etc), there is zero chance, in my opinion, of these remaining listed after 23-12-10.

Thus, it is now a question of how much can Fox etc realise for their shareholdings (shares they don't really want - they'd rather have cash).

You will of course see lies and ramping as desperate holders try to entice people to buy, in order for them to sell.

[dadyal] 28/1/2010 14:51

BOZZY question for you mate,

if this ompany is worthless, why would fox capital purchase 80% of it, is it not obviously fox capital are in the game to turn around dead companies etc?

[bozzy_s] 28/1/2010 14:44

1/2 million sold, 70.5 million to go before they delist. Just how many of these worthless shares can be sold before delisting day? 23-12-10 FYI.

[dadyal] 28/1/2010 14:39

nice kick in the ballocks -20% is more to come?

[bozzy_s] 28/1/2010 14:10

WTF? Don't think so pal. If he was then he's got a screw loose!

[buystock] 28/1/2010 14:04

he was thanking me

[bozzy_s] 28/1/2010 14:02

Remember to check the actual facts before making any investment decision. Don't be a fool and be influenced by blatent faceless con-men!

At 30-6-09 they had £14,456 in the bank.

Assuming that the trade creditors/debtors/inventories and fixed assets were taken by the director who bought the business for 6 pounds in December, then that goes up to £14,462.

However, the costs of running the plc were around £10,000 a month (£65k for 6 months as continuing operations expenses).

So assuming all things are equal, they now have £14,462 - £65,000 = -£50,538 in the bank. And no trading business.


I wonder if the ramper on here is hoping to dump 71 million 'worthless' shares as issued to Fox Capital Limited by way of loan repayment?

[bozzy_s] 28/1/2010 13:53

No problem mate - these guys make money out of pumping and dumping dead-dog stocks like this one.

[buystock] 28/1/2010 12:41

MAX BUY £50

[buystock] 28/1/2010 12:22

buyers are just taking what the mm,s will let them h28/01/2010 11:58:46 0.41 82,042 O 336.37

28/01/2010 08:11:07 0.40 501,305 O 1,980.15
ave

[buystock] 28/1/2010 11:59

same story as yesterday cannot buy any quantity NGT 500k@0.6 premium