Polemos Share Discussion Threads

[under the radar] 25/7/2017 12:47

15 trading days left and then price sensitive news can be released (anytime after).

That only leaves 5 months for the two private companies to get the cash , sell a % of their stake or to do a RTO and raise more money .

They must be a rush ....

[under the radar] 25/7/2017 12:21

Our CEO got his options (50m at 0.045p)and hasnt sold them . He then bought 44m shares in the last placing , so it's obvious that he thinks that the share price will be higher at some point in the future .

What are the rules regarding a RTO , do you need a certain amount of directors on the bod ? , if that's the case , then it would explain why Danial and Nick joined .

Mr Burton and Mr Mason bought 100m shares each and haven't sold a single share , so obviously they also think that the share price will increase at some point .

Aim doesn't want any more investment companies on Aim , especially with a mkt cap below £5m - £6m.

How will Hamish create shareholder value with 5.1b shares in issue ?. The only way is to get a stake in a private company / and to do a RTO.

A share consolidation doesn't always mean bad news . It all depends on the asset / number of shares and market cap .

This would be my preferred route and maybe that's why we didn't lend OY the money and why GUN done it instead .

We now have about £1.1m in cash that's just waiting for the right investment to happen .

Donald and Leni sold some of their Dor shares a few days before Polemos announced a placing . These guys are mates and are on the bod at various different companies (all interlinked between them). Knowing this I'm pretty sure that they took part in our placing .

The latest news with AfriAg and LGC (both Leni Gas companies) makes me think that we will get a nice stake in House of Henp or that a reverse takeover will happen .

Both of those companies have commited to pay $4.9m within 6 months (to start cannabis production).

You only have to see what happened with all the Weald companies to see what will happen . It's what these guys do and our £1m cash will go a long way towards the $4.9m.

AfriAg and House of Henp are private companies and I'm sure Leni would like a new cannabis firm that's listed on Aim . It just makes perfect sense ... everything adds up .

You never know it could be a Sunshine Resources RTO but I'm leaning towards LGC .

We should see the biggest shareholder list get updated soon because the new shares hit the market today (hardly any sells) which means everyone is holding .

Our market cap is now £1.1m and that reflects our cash position , our Aim listing is worth another £500k as well .

It will be interesting too see if we get anymore TR1's from the big shareholders who have increased their stake before the 15th August (when the close period ends).

Nothing is guaranteed in this game , all we can do is our own research and invest accordingly .

It's a waiting game now , the market will rinse any traders or anyone who has lost patience .

The share price doesn't always correlate with what's going on behind the scenes / what's about to get announced .

Time will tell ....

GLA

[under the radar] 25/7/2017 09:06

My opinion and research

DYOR

[barnes4] 25/7/2017 09:00

Based on what?

[under the radar] 25/7/2017 08:49

Nice buy , this will have a Nuog style re-rate once the closed period is over .

[comedy] 25/7/2017 08:03

took another 10mill..going on holiday didnt want to miss lows.

[under the radar] 22/7/2017 16:17

Oct share price went from 0.2p(or just below) to 1.75p .

[under the radar] 22/7/2017 16:02

The main man ...Mr David Lenigas was involved with Octaganol :-

Octagonal surges on Global Investment Strategy acquisition
Fri, 12 June 2015

Octagonal surges on Global Investment Strategy acquisition
Shares in Octagonal surged almost 50% early on Friday, after the investment company said it has agreed to acquire the remainder of financial service business provider Global Investment Strategy UK (GIS).

In April, the company, which did not provide any financial details of the acquisition, had acquired a 9.97% in GIS and said the new deal was in line with its investing policy.

However, the deal will result in a drastic change in the business and will constitute a reverse takeover under AIM rules, which means the acquisition remains subject to shareholders approval, Octagonal said.

Should the transaction receive the green light, the new company will become a financial services group, focused on providing safe custody services and settlement.

Meanwhile, the London-listed group has raised £1.7m by means of subscription, which will be used to fund part of the deal and for general working capital requirements.

Octagonal shares were up 72.97% to 0.320p at 08:35 on Friday.

[under the radar] 22/7/2017 10:47

LGC owns 30% and Afriag (Pty) Ltd owns 30% of house of hemp .

They have committed to pay $4.9m (say $5m) to start large scale production.

That = $833k for every 10% .

Afriag Global owns 40% of Afriag(Pty) Ltd , so they only own 12% .

THIS IS IN OUR PRICE RANGE .....FOR A STAKE ...OR FOR A RTO !!!!

We have £1m in cash and our AIM listing is worth £500k .

Just an educated guess but definitely worth considering imo .

[under the radar] 21/7/2017 17:38

17/4/17 Echo share price 0.43p

18/4/17 Echo rns strategy announcement, funding and consolidation .

23/5/17 Echo share price 0.71p then consolidated .

The people in early done well (same will happen here but it will be RTO) imo .

[goplmo] 21/7/2017 16:59

Thats the nominal par value of the shares you muppet.

Im not going to explain it all to you your too thick.
Go back to your village their missing you.

They consolidated around .8 to.9 and opened on market at 25p
Then the sank like a stone and are still sinking.

[under the radar] 21/7/2017 16:50

Next ?

BIG BIG lol

[under the radar] 21/7/2017 16:46

Echo consolidation :-

Share volume will be reduced by 25 times which means the share price on the day will increase by 25 times. The 0.25p has nothing to do with it

Before consolidation the value of each share was 0.01p... post consolidation the value per share will be 0.25p. See the link from Hargreaves Landsdown hxxp://www.hl.co.uk/shares/shares-search-results/e/echo-energy-plc-ordinary-0.01p

Not to be confused with the Share Price Value.

[goplmo] 21/7/2017 16:11

I just took a quick glance at Echo.It CONSOLIDATED AT 25P ffs 25p

Its sitting at 10.87p today.

I think that just confirms everything I have said re consolidations and ..........idiots.

Have a nice weekend and stay away from sharp objects.

[under the radar] 21/7/2017 15:58

I hold my hands up about how RTO's work because I have never been in one . So thanks I have learned something today .

[under the radar] 21/7/2017 15:53

Aim doesn't want any more investment companies .

[under the radar] 21/7/2017 15:52

All you have proved , is that you haven't got a clue .

[goplmo] 21/7/2017 15:51

Says the cretin who thinks companies just hand themselves to listed companies for FREE lol.

GL with that strategy.

[under the radar] 21/7/2017 15:51

I've showed you a company who have multi bagged after a consolidation . I have gave you an example of a RTO where we do not need to issue tons of shares and I have even proved that the deal with Oyster HAS NOT gone through .

[under the radar] 21/7/2017 15:47

Where's the rns saying it has gone through ??

LMFAO

[under the radar] 21/7/2017 15:46

RTO with LGC imo

[under the radar] 21/7/2017 15:46

Plmo have £1m you fool