Path Investments Share Discussion Threads

[the_curmudgeon] 25/5/2017 17:57

Cheers Curry, yes I agree, the RNs suggests it was a fundraising but as you say that makes no sense. I think it is just investors on spreadex building there position in Path... If so, they must be confident!!!!

[currypasty] 25/5/2017 11:02

difficult one, rns says "Other FUNDRAISING X", but that was ages ago
just shows how useless the reporting regulations are

[the_curmudgeon] 24/5/2017 11:36

hey Curry, so did spreadex invest in the placing - OR - is this an announcement that they have clients with spreadbet positions which have forced spreadex over 6%?

[currypasty] 23/5/2017 15:52

spreadex.. spreadbet company ???????

[the_curmudgeon] 23/5/2017 06:49

I hear ya fatfish. Fingers crossed!

[fatfish] 23/5/2017 06:28

we can but hope Curm

[fatfish] 23/5/2017 06:28

we can but hope Curm

[the_curmudgeon] 22/5/2017 22:36

into a 3-4p company hopefully short-term! is my hope! the market cap is tiny with nothing priced in. then more deals in the future - 10p company... then upwards from there IMHO

[fatfish] 22/5/2017 21:37

oh no not again that's a ''PATH'' we don't want to take

[cpap man] 22/5/2017 20:55

Perhaps a NICHE business?!?!?

[fatfish] 22/5/2017 17:47

into what ??

[the_curmudgeon] 22/5/2017 13:22

and any decent deal would transform this company

[the_curmudgeon] 22/5/2017 13:22

curry - i would expect to see a deal in the near future. 30 NDAs etc... there must be a deal close.

[currypasty] 22/5/2017 12:38

they need to get this going

[the_curmudgeon] 22/5/2017 12:36

All motions passed.

[the_curmudgeon] 20/5/2017 20:22

AGM on Monday.

[the_curmudgeon] 15/5/2017 13:11

Cheers Curry! I've doubled my holding. One deal announcement could transform this company and I believe we now have the management to deliver.GLTA!

[fatfish] 11/5/2017 17:10

it's just another way of syphoning money from the shareholders

[the_curmudgeon] 11/5/2017 16:45

Very positive that they took the shares at 1p however the 100% interest seems a little surprising to be fair.

[currypasty] 11/5/2017 09:03

good job they chose to take the shares rather than the cash back

[harrisun] 11/5/2017 08:15

100 per cent interest. WONGA

[currypasty] 11/5/2017 08:00

Path Investments plc (TIDM: PATH), the energy investment company, announces that it has raised GBP103,000 from the directors of the Company ("Directors") under the Convertible Unsecured Loan Stock 2016 ("CULS 2016"). This instrument was issued by the Company as part of its funding whilst a private company and was detailed in the Company's recent Prospectus, dated 24 March 2017. Additionally, the Company announces that it has issued 13,629,206 Ordinary Shares at a price of 1 pence per Ordinary Share to settle various invoices totalling GBP136,292.06 from the Company's advisers.

At the option of the CULS 2016 holder, upon admission of the Company to trading on a recognised exchange, which occurred on 30 March 2017, the CULS 2016 were either convertible into ordinary shares of GBP0.001 in the Company ("Ordinary Shares") at the placing price or was to be repayable out of the placing proceeds, together with 100 per cent. interest to compensate for the risk associated with the loan. Accordingly, the Directors have excercised their rights to convert their aggregate GBP101,500 holdings of CULS 2016 into 20,300,000 Ordinary Shares at the placing price of 1 pence per Ordinary Share ("CULS 2016 Shares").