Powerhouse Energy Share Discussion Threads

[smokey 1o3] 26/6/2020 13:30

More important read and digest The Turner Pope Marketing Communication 26/06/2020 now up on the website.
Good reading and £500,000 to come from Peel on signing of Acquisition of Waste City after the GM.

[schofi2] 26/6/2020 11:12

Check this Waste2Tricity site to work out what the company is all about

www.waste2tricity.com/home/

If waste becomes a valuable commodity, which it is with this technology, then the money will follow.

Watch the video.

[vatnabrekk] 26/6/2020 10:51

The trolls are a bit slow this morning!

[whatsthepoint] 26/6/2020 10:40

It must be horrible to be so bitter and twisted.

[whatsthepoint] 26/6/2020 10:39

W2T don't have any debt show me in the circular where it mentions any debt. This is truly a great day we will now get the Peel backing as it states they will pay £500,000 and takeover the fundraising requirement to build Protos and 10 further projects. So PHE knows it has a secure future and a forecast income of £5.5 million every year just in the initial deal with Peel. But Peel plan a lot more than 11

[juju44] 26/6/2020 10:27

Its all old news . Tech will be worth billions when it works

[ken chung] 26/6/2020 10:15

While the toothless regulators just sit and watch.

[ken chung] 26/6/2020 10:13

Looks like shareholders have been well and truly cucked and the only beneficiary is Howard White as he gets PHE the listed company he set up to buy his private company W2T, so giving him a 40% holding in PHE at no cost and also lumbering PHE with W2T's £722k Net Liabilities, including £790k falling due after 1 year (W2T Accounts for Year to 30/4/2020).

From the heading, so it must be true:

- 26/6/2020: PHE to purchase W2T, using PHE shares at a ratio of 60% PHE: 40% W2T. Subject to PHE shareholder approval on 14/7/2020, admission 15/7/2020, as follows:

--- Ord PHE Shares in issue at date of document = 2,072,360,416
--- Acquisition Shares to be issued = 1,437,440,277 (69.35%)

--- Enlarged Share Capital immediately following Admission = 3,509,800,693

--- Fully diluted enlarged share capital immediately
following Admission (incl options & warrants in issue) = 3,593,600,693

--- Acquisition Shares as a percentage of Enlarged Share Capital = 40.96%

[zeppo] 26/6/2020 10:07

Consolidation 100:1 ?

Then onward and upward!

[croxie] 26/6/2020 09:51

I might eat my words....but share price seems to be holding up ok. news already factored in the price

[juju44] 26/6/2020 09:11

Another brick in the wall and taking us closer to our first launch . Good news

[juju44] 26/6/2020 08:35

We waited for it . Now we have it . Its not a surprise and is necessary for progress. Little downside and if all goes well we go to the moon

[nivison] 26/6/2020 08:34

Good RNS. Nothing anyone didn't expect with regards to new shares in issue.

I am sure there are some on here who will try to paint an alternative picture and will be running around waving their hands above their heads as if the sky is going to fall in when, in fact, quite the opposite is happening.

In my view this is an essential move if PHE is going to succeed in the long term. Our biggest institutional supporter (Peel Holdings) is pushing for this to happen which is really all you need to know. 1.4 billion shares are being issued in order to buy W2T but more importantly this buys a much clearer future and to create a far more 'investable' company. Good value in the medium/long term in my view. A 'no brainer'.

Look forward not backwards. The environment needs this technology to work and it needs companies like PHE to succeed. There is a huge pent up demand for solutions to our waste crisis and therefore a potentially massive global market for this technology.

[zeppo] 26/6/2020 08:29

For Peel etc to accept the price of the deal surely shows that there is great confidence in future rewards.

[tenapen] 26/6/2020 08:09

The RNS is finaly out,

The facts are on the table,

Like it or sell it !,

But always,

Do your own research.

[barnes4] 26/6/2020 07:41

Roar what a cracking Friday rns for the inches to swallow

Ouch!!

[tenapen] 26/6/2020 07:40

We knew it was coming and without the merger there was no deal with Peel. The question always was how much is W2T worth ?, Now we know. It's up to individuals to decide Thier next move.

Do your own research.

[deccer1] 26/6/2020 07:16

And PHE get lumbered with W2T's £500k debt!

[deccer1] 26/6/2020 07:15

1.4 billion shares dilution cometh. Ha ha.

[deccer1] 26/6/2020 07:14

Another 1.43 billion shares disclosed today to dilute you down the toilet to merge with W2T. What a laugh.And how many more shares will they have to issue afterwards to pay the extra wages?

[juju44] 25/6/2020 13:17

Would be nice to see a big player take an interest here and put in some strong management support . Potential is mind blowing but folks putting it together lack business experience

[volsung] 25/6/2020 08:28

Bought some more