Strat Aero Share Discussion Threads

[bygdennis] 26/1/2017 16:42

What are you lot posting? You're just making it up as you go along, Sweetie Smith karolina Are you following instructions from TW, using your many ID's to help to hide you're lies again? Who's byqQdennis anyway? bygGdennis (That's me) shows how you mislead! FACT. and you have been for over 9 months.
You're wrong to post all this rubbish, But lying and misleading is what you do.
Aero are more or less sorted now,
We have just had a strong RNS and a GM for shareholders, Might be a good idea for you to come and get your weird and hostile imagination sorted out, Maybe one of your ID's will get you in, they're mostly familiar except for bgydennis and byqQdennis on many BB's?,
Being TW the Sheriffs deputies? should you not be more responsible for what you post?,

[the stigologist] 26/1/2017 14:49

If you issue 100m shares at 0.1p and 100m FREE warrants at 0.10p most people would agree you have in effect issued 200m shares at somewhere between 0.05p and 0.0999p

The FREE warrants aren't 'free' they are dilutive and they have a value even when out of the money.

So maybe they are relying on that mechanism before they 'go nuclear' and formally go for the move to nominal value of 0.01p

[kemche] 26/1/2017 14:24

That you are byqd. Millionaires I tells ya!

[byqdennis] 26/1/2017 13:58

Hi Group: I would like to apologise for thinking that all of you (is it 20+ ID's?) are just one group - that is plain daft, am I right? In the past I've even accused you of being in the same room! I'm sorry for being so rude as well and accusing you of having no shares - how would I know? In a year we'll be turning an operating profit as the RNS promises and we'll all be millionaires! Isn't that so? Am I not right?

[sweet karolina] 26/1/2017 13:43

Kingston,

I would say value is real, but hard to assess, particularly if you are misled about it. The share price is all about perceptions. The board used misleading info about the value of acquisitions to create a perception that gave a share price and volume that enabled them to issue shares to cover the black hole in value, until the share price collapsed - that was the key tenet of HS's case and the e-mails back that up. I do not take everything HS says as gospel. Indeed he is clearly a few sandwiches short of a picnic and basically benefitted from what the board was doing. I have no sympathy for him, however if he does launch another legal claim AERO will have to fold again as they do not have the resources to fight him.

[sweet karolina] 26/1/2017 13:36

Dennis,

At time of posting the circular was not on the website thus my post was 100% accurate at time of posting and not misleading.

The nominal is not being lowered yet again and authority is for 760M shares. They will not be able to issue those shares at less than 0.1p.

Without a major share issue they are not going to get sign off as a going concern.

If we believe the board's expectations regarding cash flow they say that they are going to be burning cash until the end of the year. Board expectations are invariably overly optimistic.

[bygdennis] 26/1/2017 12:51

Sweetie pie Adrian karolina TW's lacky smith, if you would like to update yourself and other ID's in your group, You can look again, the GM is up on the website under investor relations corporate documents, Of course you lot not being investors probably don't know much about anything, rather just a bunch of nasty parasites infecting these BB's with nonsense and hostile remarks.
As it stands you have little to inform anyone about, Aero have funding and if reading the parts you ignored in the RNS, Looks like we'll be ok, See where we are at the end of the year, Much to look forward to up to and after the 3 weeks you lot were using as a deadline, Wouldn't you agree?, Try to be more accurate when giving out information, it tends to mislead as you do!

[kingston78] 26/1/2017 12:12

Sweet Karolina,

I think you have a fair point regarding value. However, value is a perception whereas price is real. This will why there are different opinions in all sorts of things, including stocks and shares.

I have met many businessmen most of whom do not deliver (in other words they fail) but they blame other people or factors beyond their control. This behaviour is akin to that of politicians.

We are responsible for our own actions including our failure to foresee certain events happening which might have an impact on what we plan to achieve. There should be alternative business plans and solutions (Plan B, Plan C etc).

Talking about value, I find that founders of companies have a rosy view of the future and they do not want to dilute their shareholdings by raising too little working capital when the going is good. Make hay while the sun shines (they never learn this principle). It is better to have a small piece of a big cake than a large piece of a small cake (they don't learn this principle either).

We know the rest about the ability of the company raising money when the going is tough. More shares are issued but less amount of money is raised.

[kemche] 26/1/2017 11:59

Ad infinitum.............

[bygdennis] 26/1/2017 11:55

Hey Group, You do talk rubbish, How can you go to the GM when you've got plenty of ID's but no shares?
As everyone knows, this has not been pleasant for some but everything is still in place and the gains are plain to see, Also the training programmes are up and running and there's funds now raised as seemed inevitable anyway.
Whats your problem anyway, you should be happy with your efforts and things do tend to get worse before they get better.
Let's see where we go from here, The RNS was more positive if you read it and the GM you obviously won't be attending will give us a further update on what we can expect, As they said by the year end we could be in a much better position based on the work we have currently and don't forget what more can be gained as this sector grows and the potential of what's on offer

[sweet karolina] 26/1/2017 09:56

Kingston,

I am not sure it is destruction of value as there was never any real value there in the first place. AERO bought a load of companies that had little or no value so they could issue more shares on the ramp (a form of fraud), as it has become completely apparent, not just due to HS exposing what they were up to, but also with continuing cash burn resulting in a dire financial position, that there was very little value in the original transactions, the share price has crashed to reflect the true value.

Still no sign of the GM calling notice - this lot cannot even update a website let alone create real value.

[the stigologist] 25/1/2017 22:20

lol

'hang themselves'

[kingston78] 25/1/2017 20:40

Quality always counts more than quantity. The more the number of shares in issue the less they are worth and the Company is only able to raise survival money.

Rarely have I seen such a rapid destruction of a company's value by incompetent management. This is as bad as hyper-inflation in certain countries. The board of directors should hang themselves in shame. Do they really know how to run a business?

[andy] 25/1/2017 19:12

Yes of course, the warrants, all 418 million of them, cannot yet be accommodated without a GM.

Dilution on a massive scale, especially if the warrants ever get into the money.

[the stigologist] 25/1/2017 18:27

"My guess is that the GM is to increase the headroom to issue shares yet again. For starters - as part of the 380 million share issue at 0.1p ( price prior to placing 0.225p) announced yesterday Strat issued 418 million warrants at 0.225p. They are massively out of the money but it appears that if someone wished to exercise Strat, right now, has no headroom to to allow that."

[sweet karolina] 25/1/2017 18:26

I wonder if we will see any TR1s. At the placing price you could be the proud owner of over 3% of the enlarged share cap for £23K.

Still no sign of the GM calling notice on the website. You would have thought they would add it to the website at the same time as they added the RNS.

[the stigologist] 25/1/2017 17:48

This is now a reverse 100 bagger in the space of 18 months

£1000 becomes £10

Getting close to PTV which was a reverse 10,000 bagger, but even then the mug punters still bought. They are gamblers who get a kick out of owning "1 million shares" (even though each share is worth only 0.001p) and that is what bucket shops thrive on.

[andy] 25/1/2017 17:40

Sk, Kemche,

Yes of course, the never ending downward spiral of the nominal value.

I find it hard to believe they will be able to raise much more money via equity, especially if the share price breaches 0.1p, there can't be a limitless supply of mug punters surely?

I wonder if they will consolidate as well?

[kemche] 25/1/2017 17:15

SK,

kemche24 Jan '17 - 13:26 - 3713 of 3746 0 0 Edit
In due time I expect an RNS informing us of the need to re-denominate the ORDs to £0.0001. And we all know what that will mean. I am obviously excluding the menace here!

:)

[sweet karolina] 25/1/2017 14:38

Andy,

The calling notice is not on the website yet. It should appear here:



I would expect to see resolutions to reduce the nominal value (0.1p currently and they can't issue shares below that) and authority to issue about 2Bn shares (they may also consolidate so talking in current money).

Whether they can shift that number of shares is another matter.

[wooster4] 25/1/2017 12:04

Christ Stiggy called a share correctly. By the law of averages he was bound to get one though eventually!

[andy] 25/1/2017 11:27

SK,

on the 24th November the RNS said:

"The Board intends to consider options to refinance this facility and with this in mind will be calling a general meeting in the near term to increase available headroom to issue ordinary shares which will provide flexibility with regards to both repaying the loan and providing for future working capital needs"

-------

I wonder what that resolution was exactly? Did it limit the extra number of shares that could be issued or did it give carte blanche to issue as many as the board deemed fit?

I would have thought they wouldn't have limited it as it was obvious they needed to raise a substantial amount of equity, atan undefined price, so I find it hard to believe they are having another GM for the same reason, issue yet more shares.

It's interesting that last time they gave the reason for the meeting, and this time no reason is given.

[pottermagic2310] 25/1/2017 09:41

It was 30 months work at best, a sizeable chunk of which had already been undertaken within the context of the overall 10 year time-frame dating back to 2014.

An EGM at this stage and in this situation might only me one of 2 things... a buy-back of Geocurve by its historical Management Team & Employees... for peanuts... OR a 'buyout' of SA by some spurious Investor that takes it private and out of the hands of current Shareholders... for peanuts.