Pcg Entertainment Share Discussion Threads

[smart solution] 22/10/2017 11:51

Shareholder revolt....

[smart solution] 21/10/2017 09:37

I give him to the end of the month to update..

[pwhite73] 21/10/2017 09:13

A ray of hope might be the AIM regulators. RP is only able to get away with his 'vow of silence' because although PCGE had lost its core business (so technically a cash shell) he had managed to use his toffee nose to persuade the regulators it was still an active business.

They got rid of CPDC sometime in February 2017 that was eight months ago and the company still has no business to speak of. In the December interims if they are still not trading the regulators may call time on them.

[pwhite73] 21/10/2017 09:03

What deal is this? The Riverfort funding runs for a 12 month period. In the last RNS RP stated they will announce how much cash they'd received from the Riverfort funding in the second week of the following month.

An RTO would require a suspension which in turn would bring a halt to the Riverfort funding because Riverfort cannot sell stock when the shares are suspended.

It might be that RP is going to allow the Riverfort funding to run its course before taking any corporate action.

The only official news due is the interim results on or by 31/12/2017 or the shares will be suspended. A suspension again will bring a halt to the Riverfort funding.

I know anything can happen anytime but realistically you have to bear these facts in mind. It could be another year yet before anything is heard.

[smart solution] 21/10/2017 08:51

Sooner or later though we will get news on the clown being sorted and the deal being announced.

Will all make sense then.

Tough at mo tho.

[bellesimo] 20/10/2017 18:56

Pwhite where are you sir

[smart solution] 19/10/2017 19:23

He needs to sort that clown out first...how long is the average tribunal...been 6 mths since announced ffs.

[danyo11] 19/10/2017 17:55

I am not sensing anything this side of Christmas I have to admit. Just a hold and hope for me

[chopper harris1] 19/10/2017 14:19

I think any company where the CEO engages with shareholders on social forums like Twitter has to be regarded as a basket case.

Surely any CEO worth his/her salt would remain aloof from that type of engagement and let any RNS do the talking.

[smart solution] 19/10/2017 14:03

Agree - Poulden lied though, said he had come back on Twitter to keep shareholders updated and has effectively closed down.

[festario] 17/10/2017 21:16

It's better than blindly pretending 'something' is about to happen, and ramping this dog.

[smart solution] 17/10/2017 20:02

So what is the answer Whitey.

You keep giving hourly updates in the funding deal with Riverdance and its dull now.

[pwhite73] 17/10/2017 19:13

The MM don't take any punts. If they are taking sells its because they have buyers for the shares. We only see the shares traded. But if I put in an order for 100 million shares at 0.054p you won't see it. But the MM would take 100m off Riverfort in drips and drabs for say 0.051p and sell them to me for 0.054p. You will only know of my holding if it exceeds 3%.

With rumours floating around last week that Riverfort had stopped selling and deal news was close a lot of punters would have put in orders. Needless to say with so many orders on the books Riverfort have crawled from under the rocks and started selling again.

When all the orders have been filled and there is no one to sell to Riverfort will stop selling again. The mug PIs who never learn any lessons reappear again and spread the same load of rumours and the cycle repeats itself. I am just as guilty as anybody else but at least I'm aware of my stupidity most aren't.

[froth2] 17/10/2017 11:38

Still happy you ramped this share to death on LSE Bellendimo?

[danyo11] 17/10/2017 10:42

Bellissimo - Because they are taking a punt that a deal will be done and they can ramp up the value as and when?
A punt is really all this is now - IMO he could just as easily throw in the towel and wind this up as get a workable deal.

[bellesimo] 17/10/2017 10:33

The problem here,I'm confused if no buyers just sell from riverfort and pi's why mm's willing to buy shares??

[pwhite73] 17/10/2017 08:58

I also don't believe just 83.3m was sold over the month by Riverfort. A lot more selling has being going on than that either directly or indirectly as a result of the deal. How else would they recover their outlay when the deal was struck at 0.11p.

[pwhite73] 17/10/2017 08:55

I questioned the legality of the whole deal right from the outset as it was struck at a time the share price was below the nominal value of 0.10p.

The trouble is also Riverfort are contracted to sell 83.3m shares per month from 23/08/2017 onward. PCGE are looking at deals and have imposed a news blackout until one is struck. Riverfort are forced to sell into a news vacuum.

As many have stated this type of deal should never have been struck whilst there was no business to talk about. It should have come after the RTO when good news flowed and they could demonstrate what the money was for.