Itsarm Share Discussion Threads

[bmwman3] 26/7/2023 13:18

For newcomersWondering why the rise. Posted earlier but will be lost to necomers. I have been involved in many shell companies, I used to make a point of buying and holding for a decent payday. Depending on how the new share capital is structured, you can make a killing or at worst, come out of it with what you put in. Its all about the financing, new share allocation and what slice of the new company existing shareholders will receive. You can reverse almost any size business into an existing listing and existing shareholder will receive a slice of the new company. One of the new ITS directors is David Craven, he is the CEO of a multi-billion lottery company called Allwyn who last September won the right to run the UK national lottery. Allwyn was about to reverse into a NASDAQ SPAC (also called blank cheque company, same as UK listed Shell company) but pulled the deal 2 days after winning the UK National Lottery and as part of that deal purchased Camelot. The speculation here is that Allwyn would prefer to be listed in London and ITS is the vehicle they will use for a quick listing. https://www.linkedin.com/in/david-craven-21008b40/ Check out the timeline of these announcements: https://www.spacinsider.com/news/nick-clayton/cohn-robbins-secures-260m-backstop-for-allwyn-deal https://www.spacinsider.com/news/nick-clayton/cohn-robbins-crhc-termiantes-allwyn-deal https://www.allwyn.co.uk/insights/allwyn-to-operate-uk-national-lottery-from-february-2024 https://www.tomharris.org.uk/bookmakers/allwyn-confirms-camelot-takeover-what-can-lottery-fans-expect/ If this goes ahead, ALLWYN would reverse into ITS and from experience, on a deal of this magnitude, existing ITS shareholders would become anywhere between 0.1% and 2% holders of the enlarged share capital. Last valuation of ALLWYN when reversing into CRHC in Sept 2022 was £8.8bn, this could value ITS somewhere between £8m - £176m (£0.15 - £3.35) I doubt they would give £176m of the company away but you never know who has been buying up shares in ITS. You can call this a ramp but I'm just trying to pass on 20 years of experience of RTOs I've also got HWC shares who have been in RTO for years and nothing seems to have moved forward and INFT. So it doesn't always work out but looking at these directors, they're on a mission.

[bmwman3] 26/7/2023 13:17

Started to buy some back at 3.3

[bmwman3] 26/7/2023 13:16

Yep £3k an hours work SPIV

[phil1969] 26/7/2023 13:14

from ii

I have been involved in many shell companies, I used to make a point of buying and holding for a decent payday.

Depending on how the new share capital is structured, you can make a killing or at worst, come out of it with what you put in.

Its all about the financing, new share allocation and what slice of the new company existing shareholders will receive.

You can reverse almost any size business into an existing listing and existing shareholder will receive a slice of the new company.

One of the new ITS directors is David Craven, he is the CEO of a multi-billion lottery company called Allwyn who last September won the right to run the UK national lottery.

Allwyn was about to reverse into a NASDAQ SPAC (also called blank cheque company, same as UK listed Shell company) but pulled the deal 2 days after winning the UK National Lottery and as part of that deal purchased Camelot.

The speculation here is that Allwyn would prefer to be listed in London and ITS is the vehicle they will use for a quick listing.



Check out the timeline of these announcements:









If this goes ahead, ALLWYN would reverse into ITS and from experience, on a deal of this magnitude, existing ITS shareholders would become anywhere between 0.1% and 2% holders of the enlarged share capital.

Last valuation of ALLWYN when reversing into CRHC in Sept 2022 was £8.8bn, this could value ITS somewhere between £8m - £176m (£0.15 - £3.35)

I doubt they would give £176m of the company away but you never know who has been buying up shares in ITS.

You can call this a ramp but I’m just trying to pass on 20 years of experience of RTOs

I’ve also got HWC shares who have been in RTO for years and nothing seems to have moved forward and INFT. So it doesn’t always work out but looking at these directors, they’re on a mission.

[firestorm911] 26/7/2023 13:14

BMWMong got his 5p profit.

regards,
F911
RMC

[bmwman3] 26/7/2023 13:10

Was out at 4.5 but will be back in soon if this keeps up

[firestorm911] 26/7/2023 13:06

Could go back to 2.5p in the close.

Placing will happen. Poor BMWMONG, he thinks he's the leader in pumping. LMAO.

The crew is out again.

regards,
F911
RMC

[petebarnes1] 26/7/2023 13:02

it was 40p last sept so potential

[encarter] 26/7/2023 13:00

Sold mine at 2.8p yesterday. Great to see some PI's making money for a change.

[petebarnes1] 26/7/2023 12:59

but falling rapidly

[petebarnes1] 26/7/2023 12:59

sorry yes 74%

[petebarnes1] 26/7/2023 12:58

is it up then

[encarter] 26/7/2023 12:58

Haven't you seen the trades?

[nicktrade81] 26/7/2023 12:58

ADVFN is broken for this share. Currently at 4.39 on IG

[petebarnes1] 26/7/2023 12:56

its is 2p not 5p and its down

[bmwman3] 26/7/2023 12:49

5p profit taking going on, will resume ascension shortly imho

[bmwman3] 26/7/2023 12:46

Massive market and very profitable to

[molatovkid] 26/7/2023 12:44

If they are who I think they are, the new directors appear to have a background in online gaming/lottery etc. Expecting some move in this direction!

[firestorm911] 26/7/2023 12:42

It's been a good day, my friends. It bears to read who posted just 3 mins before re-admission.

Not easy to make a quick 50%, then a 2nd 90%

Off to bone my two birds.

Regards,
F911
RMC

[nicktrade81] 26/7/2023 12:41

The shorters and the clowns and morons today

[bmwman3] 26/7/2023 12:35

When or if this hits 7p of course you'll be a man and apologise I take it