Do you think is funny that they didn't mention anything regarding the contract photographing the nuclear plant? |
Brings back the memories of the glory days when it was exciting and fun to dream |
Just a reminder in case anyone missed it . Sea will be gone by the time that gets sorted but knowing remp he will get a handsome payment or deal to start off again . Begs the question which idiots allowed this lot to take over and oust remp . I really hope they are hurting financially now . Remp is a buisness man this lot are greedy useless clowns in comparison . Anyone who met him would know that |
 Reesy keep investing in beauties like this and you won't be able to afford a tent in Bolton lol .
That write up prettying spot on . Only question I have is that the principle will need to be repaid on top of interest and so payments are likely to be higher . Again to what level and what constitutes a default as said . Lamps isn't a brain surgeon either even if he gets sea it has nothing left of value , a buisness model that's failed miserably and a reputation as a disaster area . Holders are now without hope and it's a case of when not if imo . R2s whilst an intersting gimmick simply hasn't delivered and the r2s management are far cleverer than seas bod , making thempay top whack at the time and securing enough buisness for the bonus payments then it's fallen off a cliff soon after . Congrats to them although out manoeuvring this lot doesn't take a great amount of intelligence . Let's be honest the only people more inept than the management are its investors lol . Sorry but it's true .
Any hope of remp making a takeover bid of say £50k for the lot soon ? Would just top it off if once this goes under he gets monty going . That would just wrap it up perfectly |
They could collect the set - Cod, Flounder and Pollack (sounds like a firm of Solicitors), not to mention the Bull Huss or Thick-Lipped Grey Mullet awards. |
Don't worry, be happy - maybe SEA will be shortlisted for a prestigious award in Sea Angling monthly...and that will make it all OK. |
"No education, lived early life in railway carriage..
Eeeh where Bonesy comes from (Bolton) that would be the posh kid." LOL.
"In the event of default, an interest rate of 18% will apply to the outstanding balance and the facility will become repayable immediately"
Where will the money, to repay the loan immediately, come from in the event of a default? Will Lampey be left holding the baby (SEA) if there is a default? Maybe Lampey is dim after all! LOL. |
No education, lived early life in railway carriage..
Eeeh where Bonesy comes from (Bolton) that would be the posh kid.
No one intrigued by this:
In the event of default, an interest rate of 18% will apply to the outstanding balance and the facility will become repayable immediately....
Maybe Lampey ain't so dim after all
Ron's MBO at 10p looks a bit optimistic right now when you can get your hands on the goodies for free or thereabouts. |
What does your chart predict, Stockriser? Mine predicts further falls in the SEA share price
I should say OPEC (and that means Saudi Arabia) hold the key to SEA's future |
The grizzlies really are out in force today....lol |
"So he doesn't agree, unlike all the other "Directors", that the terms are "fair and reasonable"."
"LC Capital Master Fund, Ltd, a US-based hedge fund which holds a 7% interest in the share capital of the Company is controlled by Steven Lampe, a non-executive director of SeaEnergy, and is therefore a related party of the Company under Rule 13 of the AIM Rules for Companies."
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Hence Steven Lampe can't comment.
Stay well clear of SEA unless the PoO recovers. It's losing money at an operational level, a rising bank overdraft (results dated 30/6/15) and now further debt. A bargepole stock as bones698, myself & Shareprophets have been saying for some time now. |
"Wonder what to read into the "..with the exception of Lampe" bit"
Ah Bonesy
I remember the good old days when you used to do irony |
Ron lol understandable holding this share and others will make anyway struggle mentally . I think it's pretty safe to say this will never recover now although I have been saying it for some time this just looks desperate and praying for a miracle that isn't coming .
Ron 10% dilution matters little but the debt on the books will really hurt them if they have to raise equity in the near future . My concern is it would be hugely dilutive and at a lower price .
At least we had some laughs along the way but it's a sorry end to a share once the biggest on aim . |
Reesy - I think it probably means that as he's the guy providing the dosh, he can't vote on whether it's a good deal or not.
No-one seems to have noticed the 10% increase in shares in issue this deal (if it works and results in the share price rising above 10p) will entail.
edit: sorry bones - old age seems to have had a remarkable impact on my typing speed. |
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