Inspirit Energy Share Discussion Threads

[stockhope syndrome] 26/6/2014 16:39

If you can't trust them on fundraisings how can you trust them to meet timelines ?

How can you trust them when they tell you they have a good product ?

How can you trust them when they talk about their competitive or strategic positioning ?

[stockhope syndrome] 26/6/2014 16:38

I'd be more worried that you can't trust the Management or Board of this Company


INSPIRIT ENERGY - INSP

uppompeii - 07 Mar 2014 - 09:34:59 - 15 of 84

From shareprophets Gerard J 28 Jan'14 post : "In an email yesterday he stated explicitly that this is not a prelude to a fund raising – he will not be issuing shares at anything like the current price."

Then: Inspirit Energy Holdings PLC Equity Placing : 25/02

Have I missed something or is that a small fundraising?

[keirdo2] 26/6/2014 16:26

Stockhope-there was never any doubt that a placing would be needed to raise funds to bring the company to the next stage! The fact the issue was taken up so quickly, (with 5% taken by a Director) shows the interest and willingness to invest in this company.

The shares are still held very tightly by the top holders with a small freefloat, the company is now funded to continue towards production within the very short timescales.

Unlike most AIM placing RNS's, this was a good news RNS!!

Very Exciting share to own!!!!

[stockhope syndrome] 26/6/2014 10:49

so Lenigas admitting he is incompetent and clueless ?

[stockhope syndrome] 26/6/2014 10:47

' David Lenigas ‏@DavidLenigas 3h
@DDS_Doc_Holiday As I said idiot. This financing was only discussed for first time at 8.15 am yesterday. It was oversubscribed X 2.

[stockhope syndrome] 26/6/2014 10:43

Lenigas getting smashed for leading people up the garden path into a confetti placing

There will be more no doubt about it

£1m is chicken feed it'll pay their salaries for a few months

[liquid millionaire] 26/6/2014 09:20

Liquid Millionaire 26 Jun'14 - 07:41 - 419214 of 419335 1 0 edit

INSP



Yes moreforus and not worried abbout the lack of discount i.e. just done at the bid due to the pending newsflow from INSP

[stockhope syndrome] 26/6/2014 07:52

Will create a big overhang for a few months I imagine.

[stockhope syndrome] 26/6/2014 07:52

Looks like it was only 'oversubscribed' because they used bucket shops with low grade clients

[mug3] 26/6/2014 07:49

Great news. Every time DL does a financing of late, shares move up shortly after great news that INSP is funded now.

[liquid millionaire] 26/6/2014 07:45

ARGY2 26 Jun'14 - 07:11 - 419197 of 419209 1 0

David Lenigas ‏@DavidLenigas 3m

Inspirit Energy news out. Well funded for once and time to get this show on the road. Issue was twice oversubscribed. Done in one day.


Don't imagine his purchase did any harm!

[liquid millionaire] 26/6/2014 07:44

ARGY2 26 Jun'14 - 07:11 - 419197 of 419209 1 0

David Lenigas ‏@DavidLenigas 3m

Inspirit Energy news out. Well funded for once and time to get this show on the road. Issue was twice oversubscribed. Done in one day.


Don't imagine his purchase did any harm!

[stockhope syndrome] 26/6/2014 07:42

Hmm I wonder which technology is better and which will be more applicable to mass market production ?

A variety of technologies are in development, based on the Stirling engine, Organic Rankine Cycle (ORC) engines, and fuel cells. Each design offers different advantages in terms of cost, efficiency and ratio of electricity to thermal output. For example, Stirling engines are appropriate for large homes with high heat and low electricity demands (Carbon Trust (CT) 2007), while ORC
units are less efficient but can be built at a much lower cost and with greater electrical output. Fuel cell units can produce a higher electrical output and are expected to perform in a broader range of homes. Reducing unit costs and increasing lifetimes are the primary challenges to micro-CHP deployment.

Downloaded By: [University of Edinburgh] At: 15:34 1 June 2011

[liquid millionaire] 26/6/2014 07:41

ARGY2 26 Jun'14 - 07:11 - 419197 of 419209 1 0

David Lenigas ‏@DavidLenigas 3m

Inspirit Energy news out. Well funded for once and time to get this show on the road. Issue was twice oversubscribed. Done in one day.


Don't imagine his purchase did any harm!

[liquid millionaire] 26/6/2014 07:37

Inspirit Energy Holdings plc
("Inspirit Energy", "Inspirit" or the "Company")


Update and £1 million Equity Placing



Inspirit (AIM: INSP) announces that it has successfully raised £1,000,000 (gross) through the issue of 71,428,571 new ordinary shares of 0.1p each in the Company ("Placing Shares") at a price of 1.4 pence per Placing Share via direct subscriptions with the Company (the "Placing"), to fund the next important commercialisation phase of the Inspirit mCHP ("micro combined heat and power") boiler.

This funding will more than adequately fund the Company through the next key critical stages of development, production and trial installations of the Company's mCHP appliance as a precursor to moving to commercial production.

John Gunn, a director of the Company, has agreed to invest £50,000 in the Placing by subscribing to 3,571,429 Placing Shares at 1.4 per Placing Share. Following the Placing, John Gunn will be interested in 353,841,355 ordinary shares of 0.1p each representing approximately 54 per cent. of the Company's issued share capital as enlarged by the Placing.

The first mCHP appliances are expected to go into commercial field trials in the UK by the end of October 2014. These trials are designed to validate Inspirit's mCHP technology with a number of European Utilities and important SME customers who have signed up to be part of this important validation and EU certification process.

In addition to a number of SME clients who have already committed to trial Inspirit's appliance, the Company also announced on 19 May 2014, a milestone agreement with a major European Utility that will see Inspirit supply and install the Company's highly efficient mCHP micro co-generation boilers into that Utility's test and verification facilities when the first commercial specification appliances become available later in the year.

The Agreement with this Utility stipulates that any tests undertaken at its test facilities will establish the suitability of the mCHP appliance for field trials within their network and subsequent potential commercial entry into their market. Upon successful testing of the Inspirit mCHP appliance, the parties have agreed to discuss the potential to co-operate in field trials of the appliance within the network of this Utility.

The Utility is one the major energy utilities in Europe with an extensive customer base of gas consumers in both the industrial and domestic sectors. It is also one of the largest installers of boilers and energy efficiency products in its market place.


John Gunn, the Company's CEO, commented:

"The Company has been mindful of unnecessary shareholder dilution since its re-admission in July of last year, but the board thought it prudent at this critical stage of the Company's product development to raise the necessary funding to ensure we meet the time lines set for deploying our unique mCHP appliances into the commercial arena by the end of October this year."

"Inspirit is now approaching an exciting time in the Company's history and this funding more than adequately secures the Company's future as we work with our engineering partners to meet the aggressive timetable set for delivering a first class mCHP product to potential end users before year end."

[stockhope syndrome] 26/6/2014 07:16

LOL

Lenigas the Placing King strikes again.

So why the unseemly rush to get their product out their ?

Is it because all INSP (and FLOW) have is an interim technology solution which will become obsolete when Fuel Cells start to become commercially viable ?

[mug3] 24/6/2014 07:41

I like this man's style. GO.

[stockhope syndrome] 24/6/2014 07:30

Bad news for rampers

1. That takes one buyer out of the market for a while
2.


The Stigologist 24 Jun'14 - 07:12 - 418081 of 418085 0 0

INSP - that means there won't be any significant news for a while then ?

[jumbone] 24/6/2014 07:07

Mach100:

It was DL as you predicted.

So looks like the start of a major uptrend

[mach100] 23/6/2014 20:01

Yes jumbone. Maybe that is David Lenigas buying. If so, what was said on LSE about DL being advised he couldn't buy until news has come to pass. We shall see soon anyway but good to see news, decent volume and an uptick. Those who got in at 1.3p will be well rewarded I think as soon we will be in Q3 where a lot of milestones are set. Whether we hit these remains to be seen.

[jumbone] 23/6/2014 17:40

Some one is very confident to pick up 1.5 mill shares at 1.50p

[uppompeii] 23/6/2014 11:45

Yes, hoping 1.5p vanishes too...

[mach100] 23/6/2014 11:35

Well some good news today which has at least recovered some ground in the share price Let's hope it can stay above 1.5p mid price so it is ready for the next leg up. By the end of Q3 the contracts should be in the public domain and successful trials will mean that 1.5p is a distant memory!