Pcg Entertainment Share Discussion Threads

[pwhite73] 12/1/2018 13:46

Lots of buys today and very few sells. Riverfort have got smart and tend to post their big sells after hours.

[test4500] 12/1/2018 11:58

PW73 volume seems minimal ....I don't see much selling or buying

[barnetpeter] 11/1/2018 18:32

good post adam....yes this could soar as and when they announce the launch of "hitcoin" blockchain linked. Maybe.

Boom!!

[pwhite73] 11/1/2018 18:27

LOL peeps on LSE chat asking why they can't sell any of their shares. The answer is quite simple. They've been locked out because Riverfort are still selling and at the moment there are insufficient buyers for their stock and PI stock at the same time.

Who the duck do you think is selling in million chunks when MM are taking zilch from any PIs. And furthermore why is Riverfort selling the night before the EGM when the blockchain tie up with Microsoft, Apple and Kentucky Fried Chicken is to be announced next week.

[pwhite73] 09/1/2018 23:00

smart solution - "Will do over 500% next couple of months hsre.."

It won't be over the next couple of months it will be next Monday 15/01/2018 when you consolidate 5 - 1.

[adamfletcher1] 09/1/2018 19:53

I doubt they want to impact shareholders any further after the last year by the looks of it,especially with Richard being a major share holder. it looks like the consolidated split is a 4 to 1 split. So 1 million shares will become 200 thousand (correct me if I'm wrong) .

Im hopeful in this. Although I have no idea about what they plan to do (I hear blockchain and crypto thrown around) They have a good team Richard (Chairman) has a good track record, they also have lots of money and a fresh start. That and the price is the reason I've invested. And I'm willing to lose every penny for the potential gain.

[smart solution] 09/1/2018 19:28

Nearly time to switch Whitey off...

Will do over 500% next couple of months hsre..

[pwhite73] 09/1/2018 18:25

You can't lose at this price. You have to wait until after the EGM when the resolutions are passed granting the company the right to issue up to £2.3m worth of new shares.

[adamfletcher1] 09/1/2018 14:29

It's can't get much worse, it's hard to lose at this price. I'll buy hold, check it in 2 years. If the company goes bust, was worth a punt.

[smart solution] 09/1/2018 13:23

Silence little man.

[smart solution] 09/1/2018 11:44

Smart move - party about to get started..

[adamfletcher1] 09/1/2018 11:36

I've decided to join this bandwagon Invested today.

[smart solution] 06/1/2018 13:23

Really interesting....

[pwhite73] 06/1/2018 13:06

smart solutions/MrMagoo

Tell your friends on LSE chat that directors are not allowed to issue news at EGMS giving those present an advantage over those not present. Any news must come before or after the event.

Secondly the type of deal/joint venture news to transform PCGE would require an EGM in its own right. The directors are not allowed to hold one EGM like the one on the 15/01/2018 changing the share base to mask upcoming events ahead. If the directors are aware of pending changes that require a change in the share base they have to place all the reasons why as resolutions at the EGM on 15/01/2018.

This is why come 15/01/2018 the share price will be the same and there will be no corporate news. At the moment the EGM is being held for one reason and one reason only RP wants to raise more money.

[smart solution] 06/1/2018 11:41

RP in London next week...all about to get interesting...

[test4500] 04/1/2018 17:05

Chopper ...hmm...i am not keen on consolidations either as share price does tend to drift downwards....but I think it just reflects the number of shares in issue and future options.

PW I think the hope is they give some more information out on whats going on - the wheels do seems to be turning ...they must have a business in mind and are ready to move ...maybe they are ready to tell us something.....

[chopper harris1] 04/1/2018 08:13

And we'll all hold just 20% of the amount of shares that we currently hold. I don't like these consolidations. Nearly all of them are carried out by companies that are struggling and where the amount of shares in issue, due to regular placings and Riverfort-style deals, has reached confetti-style proportions.

Invariably the post-consolidated share price (in this case 0.25p) starts sliding back towards the pre-consolidation share price in the absence of any positive news. Resulting in utter decimation to poor, well-shafted shareholders.

[pwhite73] 04/1/2018 07:56

I read on LSE chat people talking about how things will kick off after the EGM why?. There is no connection between the two. After the EGM the shares will be priced at 0.25p and the PCGE will have the authority to raise £2.3m by the issuance of further equity on top of the existing Riverfort facility.

[smart solution] 01/1/2018 10:30

Zzzzzzxzzz

[pwhite73] 01/1/2018 09:00

Even on New Years Day time should be taken out from family and celebrations to remind all of the complete destruction in shareholder value since RP appeared at the April 2017 Investor Show.

[pwhite73] 30/12/2017 09:32

Yes new is imminent. Its due on 15/01/2018 when the shares are consolidated 5 - 1. So today's share price of 0.055p becomes 0.275p. This is what the chairman said.

"The Company currently has 3,524,940,507 Existing Ordinary Shares. The Directors consider that it is in the best interests of the Company's long term development as a public quoted company to have a more manageable number of issued ordinary shares and to have a higher share price."

My hope is that prior to the EGM we receive news that transforms the company and makes sense of the consolidation. My concern here is that any company transforming news would require an EGM in itself to gain shareholder approval. The fact that the consolidation EGM is taking place first suggests to me nothing will be heard before 15/01/2018.

[smart solution] 29/12/2017 12:32

News imminent folks....

[chopper harris1] 29/12/2017 09:57

I'm expecting smart solution to appear later to tell us of news next week/month/year/decade/century/millennium and how this is going to fly. I wish all holders of PCGE a happy and prosperous New Year but I'm afraid that come the middle of next month, our already almost worthless holdings will be consolidated and diluted into oblivion.