MrC's Smallcap Sweeps for Dec 2020

[jackdaww]

And the smell just keeps on coming
24/12/20 @07.30
OCTANGONAL
Trading on AIM for the under-mentioned securities has been temporarily suspended from 24/12/2020 7:53am, pending an announcement.

24/12/20 @13.30
Statement re Suspension
In relation to the suspension in trading of the Company's Ordinary Shares on AIM this morning, the Company makes the following statement regardingCompany's principal trading subsidiary GIS:
"The Company notes the decision of the U.S. Securities and Exchange Commission to file a complaint alleging that Global Investment Strategy UK Ltd. ("GIS") violated section 15 of the Securities Exchange Act of 1934 by acting as a broker-dealer in the U.S. without registration with the SEC.
The complaint omits several material facts. In particular, the complaint fails to note that GIS neither accepts nor executes orders for U.S. persons.
GIS is a broker, registered with and regulated by the Financial Conduct Authority in the U.K., and provides a broad range of brokerage services in the U.K. GIS' services to U.S. persons, however, are limited to providing secured financing to professional investors and traders. GIS' financing services are all provided after the borrower has already effected the transaction through another broker-dealer. The complaint misleadingly describes these other broker-dealers as introducing broker-dealers, but they are not GIS' correspondents and do not introduce accounts to GIS. GIS does not provide brokerage services to U.S. persons and intends to defend the allegations by the SEC."

This is after:
17 /12/2020
The Company also wishes to advise that it is finalising proposals to seek Shareholder's approval to de-list the Company from AIM pursuant to AIM Rule 41 (the "Cancellation"). The Directors have conducted a review of the various benefits and drawbacks to the Company and its Shareholders in relation to retaining its listing on AIM. The Directors unanimously believe that a potential Cancellation is in the best interest of the Company and its Shareholders:

Backside dropped out of the share price that day. I suppose that is one of the downsides of (can I use the word 'investing' ) putting my money to work in a company where the founder holds over 52% of the company

As an aside he also holds 51.03% of Inspirit Energy Holdings - please note
Salutary lesson to self. Dont invest in companies where Mr John Gunn is CEO

=============================

not to be confused with inspired energy INSE.

[MrContrarian]

Smallcap Sweep. 29-Dec-20
Atlas still looking for map out of merde

Atlas Mara (ATMA) new secured facility agreement and a standstill agreement with certain creditors. "While the Company has made significant progress in asset disposals as previously announced, and continues to explore other potential transactions, the economic challenges related to the COVID-19 pandemic resulted in delays in the strategic fundraising initiative, which was paused as a result of tightening global liquidity. Further compounding these challenges, the major currency depreciations across the African markets in which the Group operates resulted in a more than $150m reduction in assets." [SP=0.38 Cap=68m]
Remote Monitored Systems (RMS) delays in Pharm 2 Farm's new production line, mask certification. [SP=1.33 Cap=26m]
Abingdon Health (ABDX) still no approval for home use and self-test of its covid test. [SP=95.6 Cap=93m]
Shearwater (SWG) Oct & Nov rev up 39%. Guides FY profit in line. Two 3 year contract wins and two 1 year renewals worth £860k tot. [SP=140 Cap=33m]
MyHealthChecked (MHC) gets on gov't COVID-19 private testing providers list for General Testing, and the Test to Release for International Travel. [SP=1.57 Cap=8m]


Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[MrContrarian]

Smallcap Sweep. 30-Dec-20


Argo Blockchain (ARB) to co-lead an investment in Luxor Technologies, a hashrate management platform. ARB will invest $100k. [SP=33 Cap=97m]


Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[MrContrarian]

Smallcap Sweep. 31-Dec-20
SYME holders promised Xmas pressie in Jan now

Supply @ME Capital (SYME) completed the legal documentation, process definition and operating structure for its securitised investment product. Expects to reveal the mystery Inventory Funder in Jan. [SP=0.66 Cap=210m]
St James House (SJH) FY(Jan 20) audit delayed to next month. "Payment Services business has proved resilient to the implications of Covid containment measures." [SP=35.51 Cap=2m]
IQGeo (IQG) sells its remaining 5.6% stake in its former RTLS SmartSpace business for £2.5m. [SP=84 Cap=48m]
Countrywide (CWD) Connells increases offer to 395p and wins recommendation. Explains big rise yesterday. [SP=346.4 Cap=175m]
Xpediator (XPD) sell lossmaking EshopWedrop for £0.3m paid over 3 years(!). "ESWD is a good concept but is not part of our core proposition, it was consistently loss making and a distraction from our primary operations." Hope XPD doesn't have more good concepts like that. [SP=33.83 Cap=48m]
Zoetic (ZOE) sale of legacy natural resources assets fails to complete. Co will "actively investigate solutions." So many redundant adverbs in RNSs. [SP=69 Cap=135m]
Telecom Egypt (TEEG) issues 2021 guidance. "Mid-to-high single digit revenue growth; improved EBITDA margin in the early thirties; in-service CapEx-to-sales ratio in the late twenties, excluding spectrum." [SP=NA Cap=NA]


Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian