Powerhouse Energy Share Discussion Threads

[vatnabrekk] 05/2/2024 21:57

This is the important bit: "The Company understands that, if GetGo decides to pursue the Claim, service has to take place within four months from the date of filing, i.e. by 6 February 2024"

So let's see what tomorrow brings.

[supernumerary] 05/2/2024 21:47

No worries - thanks for the link - they usually appear on the advfn feed, but I couldn't see it.

It was this: 'I believe its action is intended to "soften" PHE as the targeted party before a follow-on approach on something unrelated' that interested me and I thought there might be some colour in the full document.

Sounds like somebody's hatching something. Sadly unlikely to be a working commercial waste to power system :¬(

[tenapen] 05/2/2024 20:43

Sorry - I usually post the link also.

[supernumerary] 05/2/2024 20:36

tenapen - doesn't seem to be in the list of RNSs - got a link?

vatna - 'the journey of a company which is developing and protecting proprietary technology which is sufficiently exciting to attract the attention of others who can see that it holds value' - talking about you! :¬)

Obviously vexatious, but why bother for a moribund little company like phe that's been doing nothing for literally decades but transferring shareholder money to insiders' pockets?

[tenapen] 05/2/2024 16:34

The Company understands that, if GetGo decides to pursue the Claim, service has to take place within four months from the date of filing, i.e. by 6 February 2024, and that timescales then apply for delivering to the Company the Claimant's detailed Particulars of Claim.



Antony Gardner-Hillman, Chairman of PHE, commented:

"As regards the European Patent Office Communication, I am advised by our patent attorneys there is no significance in this and that it is a normal procedural step when entitlement proceedings have been commenced in respect of a patent.



As regards the proceedings themselves, we do not foresee any impact on PHE's ongoing work or interference with the company's business. We will deal with this as an ordinary day-to-day challenge of a kind I have seen and dealt with successfully before in my career, acting in the appropriate way and with due regard. I do not know the claimant company and I believe its action is intended to "soften" PHE as the targeted party before a follow-on approach on something unrelated. We shall wait and see whether this is the case and we shall respond accordingly. In the meantime, the Company has filed a claim for defence legal costs indemnity under its Intellectual Property insurance policy and is in the process of instructing IP litigation solicitors. Whether or not the Claimant's actions are strategic and for a peripheral purpose, we will be well positioned to respond appropriately.



From the perspective of PHE, I regard these events as just another stage in the journey of a company which is developing and protecting proprietary technology which is sufficiently exciting to attract the attention of others who can see that it holds value."

--++

Some interesting choices of words !

Time tells all.

[vatnabrekk] 05/2/2024 16:24

Placing for what purpose?

[firestarter1] 05/2/2024 16:11

Placing at 0.25

[firestarter1] 05/2/2024 16:11

Be careful

[vatnabrekk] 05/2/2024 16:10

Such a plonker Ken!!

[firestarter1] 05/2/2024 16:09

Shorted placing coming

[tenapen] 05/2/2024 15:39

Poor wee chung.

It must be tough being you !

Hahahaha

[ken chung] 05/2/2024 15:36

They definitely won't build and certify a full size commercial system in 2024 or 2025, and maybe not in 2026, and it could need another £30m+ to do it.Enjoy the passage of time and ongoing dilution. Lemmings and mushrooms only .

[tenapen] 05/2/2024 15:17

Boom
:-)

[talldarkslim] 05/2/2024 14:16

Typical MM's trying to fleece PI's

[juju44] 05/2/2024 14:15

I bought back some today - here is hoping

[talldarkslim] 05/2/2024 13:57

Looks like good news coming

[vatnabrekk] 05/2/2024 12:25

Let's see what happens with GetGo's patent claim tomorrow.

[juju44] 05/2/2024 11:52

This should be climbing

[schofi2] 31/1/2024 12:39

Powerhouse Energy Group plc (AIM: PHE), a company pioneering integrated technology that converts non-recyclable waste into low carbon energy, is pleased to announce the appointment of Strand Hanson Limited as the Company's Nominated & Financial Adviser with immediate effect.

Founded in 1993, Strand Hanson is one of London’s foremost, long standing independent advisory boutiques, and is a leading adviser to companies in both developed and emerging markets.

Headquartered in London and with offices in Cape Town, Singapore and Beunos Aires, Strand Hanson’s operations are supported by a global network

of advisers and consultants in Africa, South East Asia, South America and the Middle East, providing our clients with local contacts who both understand their regional markets and have global capital market expertise.

[smokey 1o3] 29/1/2024 12:33

Chung - What are you talking about?

[ken chung] 29/1/2024 11:40

Fair value sub £1m, so still another 90% to fall.Lemmings and mushrooms only.

[tenapen] 02/1/2024 13:25

ARB =35p

Poor wee chung and Mrs deccer

Hahaha

deccer1 - 24 Nov 2023 - 11:40:54 - 32583 of 32831
Sell ARB.
It is a duffer of a share.

Wrong again