Torotrak Share Discussion Threads

[the bull] 01/12/2017 16:43

Can't believe people are buying here, up 10% lol

[rumobejo] 01/12/2017 12:19

£2m cash ~= 0.33p once notes settled...

[bones698] 01/12/2017 12:00

Alchemy true but the point stays the same with small mkt cap companies . Company ran into the ground by inept management . The tech worked but management had no idea how to market it and sell it . In the meantime milking big salaries for complete failure at shareholders expense . The way of the world ,reward the inept and punish the hard working

[apfindley] 01/12/2017 10:45

Good post Olivers.

[oliversanvil] 01/12/2017 09:48

Many shells have also been formed out of trading companies that have sold their main assets and are left with nothing but cash. But cash shells have faced mounting criticism that they are too speculative, encouraging investors to back ventures blindly with little knowledge of managers’ plans or when they can expect a return.




The London Stock Exchange is clamping down on “cash shells” — companies listing on London’s Alternative Investment Market with no assets except cash — in a move to shore up the junior market’s reputation.

The LSE, which regulates Aim, is proposing to double the level of cash that a company must raise when joining the market from £3m to £6m in hopes that it will prompt tighter scrutiny of strategy and governance by a broader range of market professionals and investors
They do not have £6million!

[rumobejo] 01/12/2017 09:28

Deal done = Win Win

[bodgit] 01/12/2017 07:59

Well it looks like Hilton and Cross can (will?) buy back Flybrid for a song. Hey ho.

[alchemy] 30/11/2017 19:08

As it happens this is not an AIM stock, it's a full market stock.This is risk in action I never thought the electric era would steal this from us.

[rumobejo] 29/11/2017 12:08

Then administration

[theotrs] 29/11/2017 11:41

The = Then.

[theotrs] 29/11/2017 11:40

The sell the 500+ patents to the Chinese ?

[lefrene] 29/11/2017 11:37

Presumably Messers Hilton and Cross intend to buy the company using the money they say they are owed? Market cap now under £500k but the company had £3.7million just two months ago!

[oliversanvil] 29/11/2017 11:24

From £3 to 0.6p Dodotrak!

[lefrene] 29/11/2017 11:22

Yes the dissembling employee's did very nicely for themselves, whilst delivering precious little in business terms.

OA, yes it's French.

[apfindley] 29/11/2017 09:11

From £3 to 0.8pWow.So much potential, so little delivered.

[oliversanvil] 29/11/2017 08:31

The Company has been actively seeking to restructure the Group and find potential acquirers of its IVT / CVT technology, IP and assets. This has included the potential sale of Flybrid Automotive Limited. Whilst progress has been made in certain areas, unfortunately to date no final transactions have been concluded. I thought they were selling all assets to promote Flybrid!!!This company should now be suspended until further clarification.

[oliversanvil] 28/11/2017 18:53

Lefrene-(French?)--Deja vu--Tadpole tech lost in the "cloud" for shareholders.Vive la Trump empty the swamp!