Pcg Entertainment Share Discussion Threads

[pwhite73] 18/8/2017 08:51

Nobody knows when the deal is or if one will ever materialise. This announcement on the surface appears to be a step in the right direction. I am awaiting comments from online sources like twitter, Shareprophets and Voxmarkets to get a better feel for what is going on.

[1i1i1i] 18/8/2017 08:49

Can't handle the truth Smart Solutions? Go on say it for everyone "Deal next week!" Ha! Ha! Really funny watching you make a fool of yourself on a weekly basis! "Deal next week!" :-O

[csmwssk12hu] 18/8/2017 08:21

Any price below 0.0357 will result in a loss anything above is a profit they only have to hand over 357k or so to get the shares

[pwhite73] 18/8/2017 08:20

All we are aware of is that PCGE has an ex-employee litigation pending and is loss making. There must be another reason why Riverfort are putting up the money. My main concern at the moment is the floor at 0.10p my average price is higher than that.

[pwhite73] 18/8/2017 08:17

1I1I1I

No warrants have been disclosed because there aren't any attached. Indeed the update includes the paragraph.

"In no event will fluctuations in the Company's share price result in any increase in the number of the Subscription Shares issued by the Company or received by the Syndicate"

I agree the loan companies are not investors. However as the shares are being placed at 0.10p any sale below that price will cause a loss to both parties. This is not a death spiral arrangement where Riverfort can issue shares endlessly at a discount of 10 - 20% until they get their money back.

[1i1i1i] 18/8/2017 08:05

Pwhite, they will get millions of undisclosed warrants as well which they will sell into the market, these loan companies are not investors, the price will drop as they keep offloading. Ask yourself why the warrant t&c's are not disclosed.

[pwhite73] 18/8/2017 08:03

It does seem to me they are taking a stake PCGE before a deal is announced.

[1i1i1i] 18/8/2017 07:45

Smart Solutions called me a fool for posting this 2 days ago, I wonder who the fool is now?1I1I1I - 16 Aug 2017 - 08:28 - 2847 of 2858 - 0Cash will dwindle as the company don't seem to be in any rush as they are saying they won't take the first opportunity that comes along. There will have to be a fundraiser before the next deal happens.

[1i1i1i] 18/8/2017 07:39

Hope no one listened to that moron Smart Solutions telling everyone a deal was going to happen "next week" for the last 2 years. Shameful person.

[chopper harris1] 18/8/2017 07:27

Why the need for this complicated deal when, according to recently published accounts, they are only going to receive roughly about a third of the amount they already apparently have in the company coffers? And this is to partly fund "general working capital". Thought they were doing alright on that score already.

I hope this isn't "the deal" that smart solution has regularly been alluding to.

Only plus point is that someone, somewhere sees a bit of potential in this company, or they wouldn't be going to all this bother. It's either a complete scam or there's a bit of hope out there.

[apfindley] 18/8/2017 07:20

Ouch.. Just the first part of a funding arrangement between the two parties. Also note the riverfort ceo says it will benefit both parties..... Yes, it will benefit this company, as it provides funding, and will benefit riverfort as they're getting a good slice of the cake...... As for existing shareholders, sorry folks..... .... Another one ramped and now the rampers gave moved on....

[1i1i1i] 18/8/2017 07:11

RIP - Death spiral fundraiser - " and, if its share price falls substantially, the Company may have to return some or all the proceeds of the Subscription to the Syndicate." Also the company to issue warrants but this is not explained in the RNS, shocking daylight robbery. So it's in the best interest of the lender for PCGE's share price to go down!

[wirraltrader] 18/8/2017 07:10

WtF More fundraising !!!!

[pwhite73] 16/8/2017 09:26

In yesterday's RNS RP said they only got the go ahead to publish the results on 14/08 /2017 the day before. I'm not sure how any other company can enter into a deal with PGCE without reviewing 15 months of accounts. That all the money is still in the bank does suggest that nothing has been spent on a deal or joint ventures yet. I am certain a deal will be done and the stock will multibag but it won't be anytime this year.

[smart solution] 16/8/2017 09:13

Your risk.

I believe a deal is imminent.

Will multi bag when confirmed.

[pwhite73] 16/8/2017 09:03

The results and cash pile were a certain positive but personally I have lost patience with this lot. I don't accept the load of rubbish about the AIM won't let us talk. The AIM is notorious for not only allowing directors to say whatever they like but to tell a pack of lies.

It took eight months to bring out the results so how long is a deal going to take another eight months. The fact that all the cash raised is still in the kitty does suggest nothing has happened on the deal front.

Like all of you I'm a short term trader I'm only in here because I got stuck. Whilst RP was promoting the stock at the April UK investor show he was diluting it at the same time. I'm sure there will be a deal down the road in some six, eight twelve months time but its too far for me.

Even all the rampers like Doc Holiday have gone quite.

You can always come back here at a later date and not missing anything.

[smart solution] 16/8/2017 08:32

Shut up you fool.

Poulden done a great job turning thos around.

Cash in banl and deals imminent..

[1i1i1i] 16/8/2017 08:28

Cash will dwindle as the company don't seem to be in any rush as they are saying they won't take the first opportunity that comes along. There will have to be a fundraiser before the next deal happens, it will probably be half of what the current price will be. Seen it all before. The way Richard Poulden had behaved in all this is disgusting.

[barnetpeter] 15/8/2017 09:44

Not bad on the cash is it? Let's see where next.

[pwhite73] 15/8/2017 08:00

Hands up I was wrong on the results date. Disappointed there was nothing on deal/JV news but with the results out of the way there will be no suspension on 30/09/2017.

The cash position is $2m which is £1.54m. So RP has kept to his word of conserving cash. The impatient will sell but there is no technical reason now why this share should be falling any further. With the results now in the open other companies can start looking at PCGE and its cash pile for any possible synergies.

Its just a question yet again of waiting for deal news.