Keyword results: LOI

ZEN
ZEN
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Zenith Energy funding deal looks very ‘spoofy’ - avoid

I’ve always gone on the basis that if something doesn’t feel quite right when it comes to non-binding deals being announced, then at the very least it is worth questioning the likelihood of completion. Of course, that isn’t always the case and some non-binding letters of intent, or memorandums of understanding, do in fact proceed as outlined, but my first thoughts when I saw today’s news from Zenith Energy (ZEN) was that it looked very ‘spoofy’...

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AVO
AVO

Advanced Oncotherapy - so does it have any orders at all? What does it define as a sale? This stinks

How many commercial orders does Advanced Oncotherapy (AVO) have for its Proton beam machines? I put it to you that the answer is zero but that it has always been zero. This company appears to have over-egged the pudding on a serial basis, allowing it to raise vast sums. The FCA should be now launching an urgent investigation into this matter demanding to see original "commercial sales" paperwork in order to see if Advanced has been as transparent as the rules dictate.

AVO
AVO

Advanced Oncotherapy Open Offer at 100p: I'd rather get stranded on a desert Island with Hillary Clinton than accept

As indicated at the time of its bailout £10 million placing on September 30th, Advanced Oncotherapy (AVO) has now announced that it is to raise up to £4.8 million via an open offer at 100p. With the shares at 102p to sell, I'd rather sign up to spend two weeks alone on a desert island with crooked Hillary droning on about how being a rape enabler makes her a good feminist, than accept this offer.

BKY
BKY

Berkeley Energia - FY Report and also Amec News...it is all good stuff

The only matter of note in the Berkeley Energia (BKY) annual report for the year to June 30th 2016, in terms of financials, is cash and trade receivables. They totalled $18.6 million which is a very comfortable position to be in. What is really interesting are the footnotes. We quote:

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