Iq-ai Share Discussion Threads

[amrishbhim] 09/12/2020 15:54

Cant blame him, why not! I think the company doing well since the FDA approval

[cielos] 09/12/2020 15:48

Here here who is benefiting from the Mr Brown sells?

He coz is money in his bank
But the company also, coz it hasn't have to pay the interest at 5.25%

So he is looking after his Baby after all.

[tidy 2] 09/12/2020 15:36

TB will be done for insider trading if he releases anything now. RMS and SNG turn to shine.

[festario] 09/12/2020 15:26

Just before I filter you, I have indeed sold twice, and bought twice today. Trenches that I bought at 8.5p this morning, and 4.5p a couple of months back.Now... off to the filter list with you, you are a time wasting distraction, just as you are on the SNG guild.

[chesty1] 09/12/2020 15:21

Ouch now that's a drop back festy! is that you selling?

[chesty1] 09/12/2020 14:59

9.94p to buy & still cannot sell

Festy Festy Festy how did I get it so right without even owning a single share?

Anyhoo et me know if you need anymore help!

[tidy 2] 09/12/2020 14:47

Time to return to SNG double bottom intraday.

[amrishbhim] 09/12/2020 14:46

In ii you can buy but can't sell, this is not the only share that has an issue, I've traded several shares today and their have done all the same

[chesty1] 09/12/2020 14:32

10.3p to buy & still cannot sell with IG.....oh dear I was right!

[festario] 09/12/2020 14:17

Yeah, he can, if he sells some in the run up to the conversion, like he did two days ago. Then, top himself back up.It's great business lending your own company money, but only if you know it's got a glowing future.He obviously knew it had.

[hot wheels] 09/12/2020 14:14

He converted 6.6m share and sold 1.5m. He can't exactly repeat that process.

[festario] 09/12/2020 14:12

No, I'm saying he can can repeat today's exercise, convert and sell.... (or sell some, then convert)... at any level higher than this.He's done that twice now, sold some.. damaged the share price... but then converted and topped up to his full allowance.

[hot wheels] 09/12/2020 14:12

From todays RNS

He converts 850K he will have to bid for the company, his holding is 29.32. Therefore he would sell in the rise. That's my thinking, happy to hear others viewpoints as always.


Trevor Brown will be directly and indirectly interested in 49,813,236 Ordinary Shares, representing approximately 29.32 per cent

[hot wheels] 09/12/2020 14:10

If He converts at 50p or 100p then he will have to put a bid for the company at 50p or 100p, as his holding will exceed 30%.

[festario] 09/12/2020 14:07

Hot wheels... you don't know that.It's not time constrained.He could convert them at 50p.... 100p

[hot wheels] 09/12/2020 14:05

Well he can't exercise warrants now, otherwise he will go abive 30%.

concerning the overhang

there are 169,875,149 shares in issue.


and another a min of 20m is due, that's another 14% dilution, it's no overhang.

[janestone] 09/12/2020 14:05

Yesterday tb had 50k at 2p and 250k at 1.5, he then converted the 50k at 2p and 90k of the 1.5 shares leaving 160k at 1.5 plus interest approx 11m shares. Less than a day's volume.

[festario] 09/12/2020 14:04

It's going up because the assets are worth a lot... and the selling has largely finished.Incidentally, if I had been Trevor, I would have sold at 20p, why wouldn't you? But he didn't.

[festario] 09/12/2020 14:03

He didn't sell into the 20p spike... so that logic is flawed.

[janestone] 09/12/2020 14:02

Its going up as the overhang is about to finish.

[hot wheels] 09/12/2020 13:56

I do not know why it's going up when he will sell in the spike, so his holding decreases rapidly to enable him to exercise more warrants. Perhaps he has already put a sell order with MMS to sell his load at an agreed price.

MMS spiking the price to offload his shares. That's my thinking.

[hot wheels] 09/12/2020 13:54

Look at today conversion

£90K at 1.5p and he got 6.6M shares.

He has £210K to convert, a min of 20m for sure.



and In addition, the Company has also received a conversion notice from Mr Brown, converting GBP90,000 convertible loan notes and the GBP8,100 associated interest, issued in May 2019, at a price of 1.5 pence, into 6,640,000 Ordinary Shares.

In total, Trevor Brown will indirectly or directly be issued a total of 9,302,500 Ordinary Shares (the "CLN Shares"). In addition, Trevor Brown has sold 1,900,000 Ordinary Shares in the Company.