Redt Energy Share Discussion Threads

[davemac3] 20/9/2019 09:55

When will this come out of hibernation?

[guppygould] 17/9/2019 07:13

Interesting read GM. However, with regards to RED, potential positive signs have been around for a few years now. Incidentally, that's why I originally bought RED shares. Since then though, my holding has been influenced a lot by other factors, namely moral and ethical. Boris claims that the UK's battery technologies are amongst the best haha. We'll have to wait and see how this turns out.

[greenmachine2] 16/9/2019 23:07

This article comes from a respected source IMHO.

It talks about the price of storage needed to support 100 percent renewables on grid and 95 percent on grid(s). There is a reference to the potential of VRFB several paragraphs down.

[ts0mev] 13/9/2019 17:52

Considering where the share price was I imagine Scott must be unhappy with £128,400 as an incentive.

[dlg3] 13/9/2019 14:26

Had Scotty boy and co not stole half the company then the share price would not have tanked, Scotty and co took away the only income REDT had and at a most inconvenient time, but they could not hang on any longer as Camco was just about to flourish and they would not be able to afford to take it out of shareholders hands....

Scotty and co did not take on Camco to help out the shareholders, they were lining there own pockets, having used shareholder money to prop up the company in the bad times......

[zero the hero] 13/9/2019 14:17

mdalos1 13 Sep '19 - 12:49 - 1476

SMcG has £128,400 of shares then (not inc. Options)... so what... were they gifted to him or has he lost real money buying them at a premium ?


Surely it matters not, if someone gave me a boatload of shares for nothing / as an incentive, I can assure you I would care about the SP

[ts0mev] 13/9/2019 11:40

1473
Not intentionally, no.

[murdo mcsponge] 13/9/2019 10:27

Scott McGregor owns circa 26 million shares (Inc 14 million options) i.e. circa 3.3%, of The Company, so it's unlikely he will act in a way that is detrimental to RedT.

[zero the hero] 12/9/2019 23:36

1468 -

1/ I do not care about the past, so Camco has no interest for me and it certainly has no bearing on the share price 2/ I was being sarcastic about the dlg3 in disguise bit - your post was just out of character. I rate your posts far higher than 1465

[mikemine1] 12/9/2019 16:49

Once they've achieved integration I expect there will be some staff rationalisation although it will take time. I think Scott is mainly focused on sales/marketing now and I can't see him coming back in to a CEO or similar role at any time soon. I can't wait to see the final structure of the new company, can't come soon enough. Get this out of the way then everybody can focus on getting this thing moving.

[ts0mev] 12/9/2019 16:29

As long as Scott's actions do not have any negative impact on the future of RED, I do not care about what he is rumoured to be doing.

I am sure that the BoD have their eyes on him and his involvement is valued. Well for the time being...

[greenmachine2] 12/9/2019 15:13

I am certainly no fan of dlg3. However I can verify all the references to McGregor are in the public domain in my last post or with a small fee to the Jersey equivalent of Companies House. You are right Zero in thinking that we cannot change what has happened, but we as shareholders can be concerned or alarmed if McGregor has any decision making role in any future plans for RED.

Seriously Zero you surely don't think I am dlg3 in disguise? My posts are there for all to see bar perhaps one deleted one that contained a factual error from memory.

[paulcon1] 12/9/2019 14:24

Zero

Agree, the only question (near term) on the table is the 'proposed' RTO, the terms and conditions of the RTO (If it goes ahead) and how those T&C's affect LTS's..

This includes of course Funds raised!!

Everything else is 'smoke and mirrors' imho and pointless chit chat!!

REDT need money, be it raised or gained through contracts and have until December (If I recall)

GL and IMHO

[greenmachine2] 12/9/2019 11:14

Top marks to McGregor for keeping up his involvement with Camco Africa and trying to make it tricky to find out his continued involvement, CAL Africa (Jersey) sold off by RED for next to nothing. After being sold off renamed Camco Ltd Jersey from memory and dissolved. Next step get newly created UK registered company in November 2018 call it Camco Clean Energy with McGregor as one of the three shareholder founders and then no need for any accounts publication until about November 2020. Arrange for CAMCO MANAGEMENT LIMITED a UK company and formerly a subsidiary of Camco Africa Jersey to become a subsidiary of Camco Clean Energy. Camco Management Limited now has three paid employees and one of the Directors is a Mr McGregor. It is good to see that Camco Management Limited recently published accounts have cash in the Bank and are only posting small loss, though according to the accounts directors have lent it money.

I hope the friendly merger of RED and Avalon has no involvement of McGregor in any director role. RED should get him to step down as director from all the RED subsidiaries irrespective of jurisdiction before any merger occurs.

[mikemine1] 12/9/2019 10:11

Depending on terms, clearly the merger is to the benefit of both companies as it gives scale and, as Scott says, reach. Both companies need a cash injection, nothing new for small companies looking at big projects, so the money part is vital. All good so far apart from the inevitable dilution which I have guessed will end up with 5-6 billion shares.

As for who runs the company, Avalon is deemed to be the larger company so the odds are that they will fill the bulk of the executive and maybe managerial posts as well (this will come later). From my point of view, it hardly matters as long as the company is run well. It is important to remember that this is posted as a friendly merger so let's hope that no egos get in the way.

[silvercoast] 11/9/2019 22:52

So they may not issue another RNS. if no RTO, the company is not going to say, things are going bad to worse and the company will be out of business in six months.

We wait and see.

[guppygould] 11/9/2019 22:17

Surely that is one of the only things to talk about at present? I called Joe last week and one of the questions that I asked was how the RTO was progressing and Joe's response ratifies what Ts0mev posted. -Things are allegedly progressing and updates will be made when progress worth mentioning is made. That is all we have to go off at the moment. All we can do is assume is the information that people who actually make some inquiries find is actually true. DYOR and if you have any solid information or thoughts to bring to the table then post it.

[pdoc] 11/9/2019 18:24

What a coincidence - as soon as we talk about it then ts0mev has his insider talking to him about how it is all progressing well. You couldn't make it up could you? Oh hold on, ts0mev just has made it up. Why ts0mev do you think you can say such clear untruths on here - nobody at RedT will talk to a punter about what is happening at the moment as you and everyone on here knows full well. Are you Walter Mitty?

[ts0mev] 11/9/2019 09:04

finally received a response on the RTO.... announcements to be made in due course.
more importantly, talks are still ongoing.

[ts0mev] 11/9/2019 06:32

1461
Let's see when the HY2019 results are published