Tag: shares

Reabold Resources ‘Project Wallace’
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Tip: I often see and hear this: "Know The Game". Let me tell you something, anyone who consistently espouses this shite is 'at the bollox'. Investing/trading at any level isn't a 'game'. It's deadly serious. Those that tweet, podcast or write such shite are in the main Pump & Dumpers, who'll say and do anything to manipulate small cap' micro stocks. Using a whole host of anonymous twitter, BB accounts, DMs, Private chat, phone calls and email groups. It's easy to ramp telling 'porky pies' about crap companies you're taking kickbacks from or dumping shares into the ramp. Silence is better than bullshit.

What isn't easy is getting your hands on quality information. Base your strategy on well sourced information. Remember losing several thousand pounds for most of us has financial consequences. Rather than know the 'game' 'Know Their Game'. Here endeth the lesson...
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There’s no a hard & fast rule, in the not so glittery world of financial commentary, but occasionally one has to make a ‘judgement call’ in the interests of transparency for shareholders, traders and investors who’re all too often kept in the dark, when really companies should be reaching out to their shareholder base and the wider market, instead of skulking around behind the ‘corporate curtain’, raising cash.

Some financial placings actually have merit and one, if given the chance, can see the raison d’être or not. Which brings me on nicely to “Project Wallace”. Documents now in my possession confirm that Reabold Resources (LON: RBD) basically think that they’ve hit the ‘Oil Jackpot’ at the West Newton drill site.

Project Wallace is the corporate (Stifel) Institutional overview/pitch of all licences held by Reabold, with summary’s pertaining to each of their licence holdings: Reabold California (USA), Rathlin/West Newton (UK), Danube Romania, Corallian (UK)

For the purposes of this blog post I’m specifically concentrating on the West Newton/Rathlin transaction that can be summed up as thus: “$29m investment for $274.4m of additional value” which doesn’t take into account the potential value/oil from the Cadeby oil play which has a further value of $850m NPV (gross). The proposed placing price was 1.2p. That may have changed post the ShareProphets scoop and RNS confirmation. We’ll know soon enough. For those of you who wish to read the complete unabridged Stifel overview there’s a ‘Click Me’ button at the bottom of this post.

It’s glaringly apparent that RBD and their partners believe that West Newton is a major onshore oil/gas discovery that will flow oil & gas and could net well in excess of $1,000,000,000 at $11.50c net back based upon as yet the unpublished CPR and the volume-metrics that will soon be released. The Extended Well Test is due Q4 2019, which means West Newton is gearing up, news should start to drop next few weeks or so….

To me it looks to be the ‘real deal’ based upon what’s been going on behind closed doors however ‘Caveat Emptor’ always applies. It’s not in the bag until it’s in the bag. RBD will be fully funded with an increase in West Newton which is basically their crown jewels. UJO are already fully paid up for the EWT and have £2,600,000 cash at hand, they’ll probably sell out after the oil/gas flows. It’s known that Bramhill (CEO UJO) has consistently rebuffed offers of financial backing from several institutions.

So, how much O&G is there? We’ll get an idea once the CPR/Volume metrics are released which should come pre EWT. A 65 metre hydrocarbon column in the Kirkham Abbey is in itself a company maker. Add in the Cadeby and it’s probably the best O&G play on the London Stock Exchange. Especially since all the Major holders have all basically ‘sold off’. That brake has gone. Expect TR1s with the inevitable deceitful ones double speaking trying to talk both companies down. Par for the course, i’m afraid.

Once oil/gas flows at West Newton then RBD could hit in excess of 5p and UJO anything up too 2p. Of course it’ll be a bumpy ride with many peaks and troughs but that’s again ‘par for the course’ in the Oil Sector. So, now we ALL know the facts on West Newton and the proverbial playing field has been levelled. Courtesy of Dan! The Man! Whose got no hair but doesn’t care LOL!

Good Luck

Viva!

Dan
7 October, 2019
The Secret Nomad….

There’s never a dull moment when you’re researching investments. I’ve alluded to ‘The Secret Nomad’ once or twice in a few of my epistles. It would seem that some-one or one of the regulated companies has stole my line “The Secret Nomad”. More to that they’ve registered a domain and launched a website. It really does take the biscuit. The absolute cheek of it! I found this site yesterday when I noticed a new twitter follower….. https://thesecretnomad.com/

The Secret Nomad

But what’s rather interesting is that the articles published by The Secret Nomad (TSN) tend to show that it’s either a real or maybe a retired Nomad or some one who has a vastly superior knowledge of the Markets than most of us. Myself & SharepProphets will obviously be following TSN very closely….

What’s even more interesting is that if I know the FCA & AIM regs they’ll be all over this like a cheap suite. As will the financial press.

The City of Mammon will not want one of their own turning Rogue & going off the reservation, spilling the beans as to what goes on behind the veil……

Viva!

Dan

4 March, 2019
Alpha Growth ‘Rampathon’ Now Under Way!

*I’m re-posting this most excellent article that was published on ShareProphets yesterday: You’ll note that was predicted re the P&D etc Is now in full flow.

Alpha Growth (ALGW) is running on ‘vapours.’ It hasn’t got a pot to piss in. Cash on hand is probably close to £170,000. Its auditor has issued a ‘Material Uncertainty’ as to viability going forward as a going concern. The Company has ‘fessed up that it has no revenue and will need funds. What is not to like?

Yesterday’s RNS currently being heralded as the next best thing to sliced bread should serve as a warning to those gullible enough to believe that the payment of £1, yes £1, for a defunct paper company is a ‘Game-changer’.

The ‘£1 fish’ is a sprat on the hook to catch a mackerel i.e. YOU! The RNS that trumpets this sham purchase, costs £250 or in other words 250 times the value of the company purchased.

What we’re seeing here is a deliberate ramping of the share price pre-placing, pre-death spiral and pre-new prospectus. That’s what’s on the Alpha Tarot Cards for those daft enough to gobble down the £1 Fish.

Alpha cannot raise cash like other POS’s on AIM. Being a Standard listed vehicle it can only flog 20% of its confetti in issue, which is why the ‘cough, cough’ nudge, nudge, wink, winks’ coming from them to the handful of self-declared, High Net Worth ‘Cornerstone Investors’, who then go out on social media and financial BB’s to amplify the nonsense of multi zillion dollar contracts, to create the liquidity for them to trade out as you buy in, should be pushed away with a barge-pole. There’s a placing coming and much more. Read the accounts. Work out the cash burn. It’s not rocket science it’s basic common-sense, sadly lacking in the confused minds of the ‘Howler Monkies’ that inhabit the strange phantasmagorical world that is BB financial chat.

So, what’s going on within Alpha? I’ll tell you exactly what’s happening. London sources, the balance sheet and the Auditor, indicate that not only is it looking to place but there’s a very real chance that a new prospectus with a placing and a death spiral could land on the heads of those being beguiled. This is a company, that has broke contract confidentiality, contract/s and market rules with whispers of major contracts just over the hill, (contracts that haven’t materialised), not least with the ‘Man from the Pru’ (Prudential). With no cash, no revenue, contract breach/s and a ‘£1 fish acquisition’ are we really to believe they’re going to sign major deals with multi-billion-dollar Global Players in the Longevity Sector? It’s not impossible, people do win the lotto but my opinion is thus: It’s fanciful to say the least.

Alpha must get its share price up so that it can raise cash at higher levels. That’s exactly what these fookers are doing right now through their online mouthpieces. Since my last exclusive re’ contract breach/s, which can be read HERE. Over the last 2 weeks rampers have been out in-force. The ‘Rampathon’ is in full swing.

There’s major dilution on the way via one of three options. 1/ Placing, 2/ New Prospectus & Placing, 3/ A convertible (Death Spiral) through one of the high-cost funders (Yorkville etc.) and then a prospectus that will include both that and a placing. Unless someone has already been working on a prospectus in the background. If the latter is the case, this doesn’t become public until the placing is announced. Now, here’s the thing, a New Prospectus is a costly process, it will cost up to £300,000. Make no mistake here ALL options are being discussed, if not being processed. Of course, they’ll deny it and string it out until the furore dies down. Then it’s ‘Wham, Bam, thank you, Slam’ no doubt the BB hoards will suck up and amplify the denials. As sure as night follows day it’s coming.

Investors/traders should always gauge vehement denials against the balance sheet. Alphas balance sheet tells the truth. It has fook all cash.

This is what Alpha will now do, it will deny it to their P&D amplifiers who will be on the dog & bone pronto, post publication of this article.

Mr Dennan, Mr Sahney and the ‘Leaker in Chief’ himself, Danny Swick, will be inundated with ‘protect the ramp’emails, text messages, phone calls. Twitter DMs & groups will go into overdrive. Loud screams and howls of derision from the BB loons will be heard all the way to the US. Which brings me on to some of the most ridiculous pumps currently doing the rounds on the ‘£1 Fish’ acquisition. Apparently if you don’t have a ‘£1 Fish’, you can’t do business in the good old USA. A ‘£1 Fish’ opens up the whole of the USA securities sector. Sometimes I honestly wonder how these loons can keep a straight face telling each other such utter, ridiculous calumnies.

It is in Death Spiral, New Prospectus and Placing discussions. The word “Dunkirk” springs to mind.

If their Auditor issues a material uncertainty, the Company tell you they have no revenue and must raise finance, the balance sheet backs up the above then I’ll leave you with this thought. If it looks like a duck, walks like a duck, quacks like a duck, then it’s a duck. Go figure…

Avoid like the plague.

Viva!

Dan.

1 February, 2019
Union Jack Oil. Their Time Has Come. Buy A Slice Of The Pie…. Here’s Why!

*Take Note! Before I start some wise words to those who read & follow: Lot of interest in emails/texts and private DMs over the last few months on why I’m not as prolethic writing/tweeting/tipping stocks every day on companies. There’s a good reason: The simple truth is this: Most of the time investing/trading is about not getting suckered into the horse-shit. It’s about protecting capital while biding ones time until a real opportunity comes along, then getting your research done. Usually it’s a company that I’ve been tracking on the watch-list for months if not years. If that company gets to a point in time where it’s a crock of shit then I write it up negatively, if there’s a real opportunity then I write it up positively. Hence UJO which I’ve been following since the Wressle discovery. The way to keep some semblance of integrity/credibility is to resist running with the known rampers/mug punters. Plough your own farrow and always remember that it’s not as these fookers say a ‘Game’ it’s deadly serious peoples liveleyhoods are at stake.

The majority of companies never get there. Because they’re life-style companies. The AIM is awash with them. If, like me, you’ve been around for an age and a day, you know that most companies burn up. Any blogger/market commentator or financial platform that consistently writes, posts, podcasts/tweets on a daily basis nothing but ‘positivity’ on super dooper oil, tech, mining stock plays etc. Is a ‘scatter-gun cowboy’. And should be treated with the utmost caution. No one can call 40/50 stocks in a year positively. That is a fact! If you can get 5/6 right then you’re doing extremely well.

Occasionally, along comes a company that manages to get to a point in its business cycle of ticking all the right boxes. It doesn’t happen often but when it does there’s potential for huge financial gains. Such is the time for Union Jack Oil (LON: UJO). It’s a small micro-cap oiler that’s mainly under the radar, trading at one tenth of a penny (0.10p). What marks them out, as of now, is that their asset base, which is onshore UK, has the potential in the coming months of transforming them into a genuine UK oil producing company. Not many of those around these days…..

UJO have an interest in a whole host of UK onshore licenses, but for the purposes of this blog I’m concentrating on three of the licenses that will cause a re-rate should they do what most expect them to do, strike oil and gas or be allowed to get the production going (Wressle).

1/West Newton Gas Discovery: (16.6%) West Newton A-1 gas discovery (Best Estimate Contingent Resource 189 Bcfe or 31.5 MMboe gross), the West Newton conventional appraisal well is planned to be drilled in Q1 2019.

2/Wressle: (27.5% ) Is an oil discovery that’s mired in ‘legals’. It’s a bread and butter asset that has flowed oil and gas. The estimates of oil are circa 2.1 million barrels. Wressle is expected to flow at 500bopd minimum but could hit 1,000 bopd that’s somewhere between 137-264bopd net to UJO. All going well this should be resolved in late 2019/20.

3/Biscathorpe: The mean Prospective Resource volume for the main reservoir objective, as calculated by Egdon Resources (35.8%) is circa 14 million barrels of oil. Additionally, there’s a potential for stratigraphic trapping at Biscathorpe, which, if present, could increase the expected gross Prospective Resources to 41 million barrels of oil. UJO Own 22%. Drilling late 2018.

Now here’s the nub. 22% of 14m barrels of oil is circa 3m barrels net to UJO. If it’s 41M barrels then it’s circa 9m barrels of oil net to the company, on The West Newton A-1 gas discovery the Best Estimate Contingent Resource 189 Bcfe or 31.5 MMboe gross, the West Newton conventional appraisal well is planned to be drilled in Q1 2019. That’s circa 5MMboe net to UJO. On Wressle which is a discovery and has already flowed there’s 2.1m barrels of oil, 27.5% net to UJO that’s 550,000 barrels.

In total (not including their small producing assets), over the next few months, at the top end of the numbers Union Jack Oil are involved in three licences in play for circa 75,000,000m – 47,500,000m barrels of oil or equivalent. That’s more oil and gas than any UK onshore company currently listed on the London Alternative Investment Market (AIM). There is NO company that comes close to them.

Their share of the oil and gas is bigger than two of the biggest over-hyped POS’s currently deluding investors with fantasy claims of billions of barrels of oil in the Weald. While producing zippo! (UKOG and Angus Energy).

The difference in the SP and the market capitalisation is astounding. As is the quality of the UJO licences which by far out-strips UKOG & Angus Energy’s. It is only a question of time before they come on the radar and out-perform, SP and oil production wise, the Liargas plays and what’s more UJO are a conventional oiler. No fracking, all environmental regulations are adhered too.

UJO have quietly manoeuvred themselves into a potential winning hand. What’s more their recent placing takes out the spectre of imminent dilution. They’re fully funded going forward. Debt free. It doesn’t get any better than this for a micro-cap play.

How high can they go? That’s the million-dollar question. On the run up to the Biscathorpe spud if investors get behind it they could double or triple in value. If they strike oil at Biscathorpe and bring in the West Newton discovery revenue will start to flood in, then 0.50p-1p isn’t hard to see. Could hit 2p we just don’t know.

One thing is certain the SP will rise the closer the drills get and interest starts to pick up. Get a slice of the pie while it’s cheap, because ‘campers’ when it’s 0.30p you’ll be cursing!

Viva!

Dan

Nota Bene: I hold stock in UJO. Not that it’s any of your business!!!

18 October, 2018
Online Blockchain. It’s all coming together. I Buy for the Boom!

Online Blockchain have been quietly going about their business and news has been and is being dampened down, particularly on their mining operation and the on-going negotiations that are always just an RNS away, there are deal/s in negotiations. Such as the Gibraltar Stock Exchange negotiations that were never RNS’d. OK that deal didn’t complete but somewhere along the line a big deal will come off. That is why I hold this stock.

It’s already spiked to £1.85p. And it will no doubt surpass this as the crypto nerds focus in on OBC. (Oil & Gas traders don’t understand this market and should stay away).What those deals are will become apparent IF they’re signed up. Remember, the Chambers ethos is that only ‘signed deals’ are RNS’d, negotiations are not disclosed. (More of which I’ll go into later in this blog).

OBC have now launched five crypto-coins. Buenos, Brazio, Manila, Veggie and the original Plus1 Coin. What most investors haven’t realised is that those five crypto currencies are seeds and look set to net OBC circa $1,000,000+ in Bitcoin forked coins over the next year or so. Each crypto, before it’s launch, is pre-mined. That’s to say that up to 20% of each coin is mined by OBC. I know that Buenos, Brazio Veggie and Manila coins were pre-mined. Now here’s an accountant’s question. Plus1coin has a MC of $250k. So hypothetically now there’s a $50k crypto currency asset. When it goes to $1M that’s $200k. That scenario is the same for each coin that OBC launch.

Like all seeds time is the key. Bitcoin took 8-9 years before it spiked at $20,000 per coin. It’s now $6,000 per coin. The secret of crypto coins is to create a use for the coin. Each of the OBC coins has a user case. Therein lies the development cycle to the increase in value. Each Crypto currency has its own unique development cycle which can take time to work through. You must launch a Crypto that has a use, such as the Brazio coin, that’s been developed for the Brazilian capital markets and each Crypto has a wallet that brings revenue into the company. The more it’s mined the more they make. The Brazio Coin has only recently been released on the Brazilian market and is now tradeable on the Brazilian Crypto Hub Exchange.

Now it has been quite some time since I updated on Online Blockchain (LON: OBC). That’s because information is hard to come across as the Board run a very tight-ship, for reasons best known to most of the quality disruptive techno’ companies they navigate carefully around the City of London, not wanting to draw the attention of the regulators and banks etc. That’s because this technology, Blockchain, is slowly creeping into the financial markets. People and industries especially the Financial industries are nervous about protecting the hegemony that is being slowly eroded.

As for the deals and the way forward for OBC I do know that there’s certain pointers I use, whispers of negoiations, Coin launches, Wallets, Revenue, Warrant exercises, Hash rates etc. One such whisper is that they may have been approached to launch on the Canadian market. That’s important. If OBC take a listing in Canada (TSXV) then this SP will go through the roof, again. Why? Because Canada has two sectors that are world leading, one is Medicinal ‘Weed’ the other is Blockchain/Crypto. The Blockchain companies listed in Canada do so because the Canadian Investors are the most ‘savvy’ in that global sector. The UK Crypto/Blockchain Investor/writer really doesn’t exist. It’s a ‘Hodge Podge’ of traders/bloggers and ne’er-do-wells. People who don’t understand how the sector works and why it’s so boomtastic. I recently had a ‘JawJaw’ with a certain well-known financial writer, who admitted he knew fook all about ‘Blockchain and disruptive tech’. That hasn’t stopped the self-confessed ‘dilettante’ from opining on OBC. Lot of dis-information has been spewed out on the Chambers Crypto/Blockchain play. From people who admit they don’t have a ‘Scooby Doo’ about the tech’. Their ignorance has been my gain. I now hold circa 100,000 shares. I await the boom and boom it will…..

At the time of writing the SP is circa 40p. That’s the basic reflection of the fundamentals but not of their potential to multi-bag on any given RNS.

Get researching and use the opportunity to learn. It’s better to be in front of the Blockchain wave instead of chasing it.

Hold for news. My spider senses are tingling. News will come.

Viva

Dan

14 August, 2018
RogueBloggers4Woodlarks Chairty Walk. A Few Shekels More! Enjoy Our Pain!

As you all may, or may not, be aware I’ve been ‘press ganged‘ into the roguebloggers4woodlarks charity walk with Tom Winnifrith. We’re attempting to walk 31.7 miles from the drill site of the infamous Horse Hill gusher to the Woodlarks camp-site, in less than one day. The target is 10 hours. Which is almost certainly ‘over enthusiastic’.

Now it’s not by any means easy, no doubt there’s going to be some pain involved, (not to mention blisters one of which I have from yesterdays 17 mile yomp) some will be hoping for lots of ‘pain’ or we both get lost in the Weald Basin to be left wandering around like the ‘unread’ (Geddit?) for an eternity wailing and moaning. We may even be swallowed up by a kimmeridge clay sink-hole. Regardless of the outcome there’s going to be ‘mucho’ pain for both Tom and myself. But it’s a good cause to suffer for and hopefully shows people that in our own way we do actually care about society and those who life has dealt a shitty hand.

So I’m asking, nay I am beseeching readers/followers who enjoy/like and those who don’t like either of us, to try to throw in a few shekels to help. It will make you feel just that little bit better about yourself and on the day of judgement it’s a Karma gold star. It could mean the differnce between having your soul returned back to earth with a “Must try harder note” or staying in paradise. If you are on a ‘return’ don’t worry so am I! 🙂

The cause we’re trying to raise money for isn’t one of those well-known global charities. It’s a small UK-based, volunteer run, off the radar charity that helps disabled children & adults enjoy the experience of camping. It’s a super cause and one that also provides a rest bite for the parents or carers. Woodlarks Camp Site UK Charity 306148.

If you can donate, even a £5 note, then remember it goes to Woodlarks charity camp site. This is a fully bona-fide charity raise. Those with any concerns that we may dsappear into the Weald, never to be seen again, to spend £20,000 need not worry, I believe we pass a few Banks on the route so if we have to make a ‘withdrawal’ not BMD style, then it’s debit cards not sawn-offs…

Yesterday I managed 17 miles, today I’m aching from shoulders to toes. Trying to get Tom to realise that this isn’t going to be a ‘cake walk’ is like trying to get him to admit that Jeremy Corbyn is the only hope for this great country we call ‘Britain’. Tom’s diabetic so there’s a chance that should his blood sugar levels drop then so too will he!

I predict we will start to encounter problems at around 17 miles, which is coincidentally when I started to blister and dehydrate yesterday, even though I took 3 litres of water and nourishment. I will not be dragging his skanky arse 15 miles to Woodlarks. If he drops then he stays where he is. Some-where in the wild Weald basin. The same rule goes for ‘yours truly’. It’s not a race but it’s imperative that at least one of us actually makes it back alive otherwise the ignominy of the ‘fail’ will haunt us for the rest of our ‘naturals’.

A big thanks to all who’ve donated so far. I am truly humbled as is ‘Winnie’. There are some good people out there. Special thanks to MarkyMark. You know why!

So this is a call to all those out their Brokers, CEO’s, Directors, BB Morons, Traders, Investors, Trolls, Investor Relations, Nomads, FCA Regs, P&Ders, AIM Team, Online loonerticks, Offline loonerticks, Tories, Corbynistas Remainers, Journalists, Brexiteers, Anti Trump, Pro Trump and even Stormy Daniels, please donate. It’s good Karma.

Dan

x

14 June, 2018
UKOG ‘Death Throes’ Is The Corpse Being Buried?

Well I never, would you ‘Adam & Eve’ it? The great United Kingdom Oil & Gas (LON: UKOG) is now officially in its ‘Death Throes‘ . Of course you were all warned many, many times not just by ‘Yours Truly‘ but by many, many other ‘Savvy’ commentators on the wholesale ‘fairy tale’ deception that is and soon to be, was the ‘Gatwick Gusher’ that never gushed. Except for the likes of those who were complicit in the massive over promotion.

Come on down David Lenigas, whose whole career is one of massive wholesale lies, deceits and down right corporate fraud, only yesterday Liargas was feverishly STILL tweeting his pearls of wisdom on how super and world-changing UKOG and Angus Energy (LON: ANGS) would be.

#Liargas

Yesterdays RNS had a telling small paragraph hidden at the very end of a CPR ramp. The company is thinking of becoming an ‘Operator’ as opposed to an investing company. That doesn’t make any sense whatsoever. Now that bit of news is significant in the fact that becoming an operator means they get suspended and have to basically apply for re-admission. And re-admission means UKOG have to raise further cash. But the most salient point is being missed. This suspension will coincide with the Horse Hill drill, which means that there’ll be no trading the shares for those daft enough to hold them. There’s a real possibility that UKOG may never come back. The corpse being buried now is the typical end game of the Liargas ‘modus-operandi’.

Once the fat man has rinsed every last drop out then he and his cohorts walk away. Liargas always comes in, massively overpromotes for a couple of years then leaves citing some bullshit excuse such as the company have institutions now wanting to take it to the next level etc While at the same time, once he’s out, then the plethora of consultancy fees and warrant exercises kick in for him. I’ve studied fatty for quite some time. Usually 3 years after he leaves then it all goes tits up. Of course this allows fatty to put time between him and his over -promotes and have the appearance of ‘Clean Hands’ where he can stand up and say “I left the company 3 years ago. Nothing to do with me etc. He’s basically got ‘legal cover’ if any of his bullshit UK promotes comes near a UK court. If Liargas was in the USA he would now be in an orange jumpsuit.

Today’s ‘cough’ on a placing is further bad news for the gullible. Adding insult to injury. Hundreds of millions have been raised and ‘rinsed’ yet we still await the oil. So far we’ve had five milk bottles from Broadford Bridge (fiasco) & absolutely ‘jack shit‘ from the Gusher other than a deception of a 7.5 hour IP that they extrapolated to death! Coming up with a few hundred barrels. Where is the oil?

You can fool some people all of the time but you can’t fool all of the people all of the time. David Lenigas you are now fully exposed yet again for what you are. Shyster.

Viva

Dan

8 June, 2018
Online Blockchain. Here’s what’s going on & why they’re deliberately ‘Damping Down’ on news-flow…

Let’s try to decipher exactly what’s going on at Online Blockchain Plc (LON: OBC) and quantify what the company do and where their headed as opposed to the screamers & howler monkeys committing hari-kari on £14k worth of trades that at one point had the SP down 20%. It’s abundantly clear that those trading the stock do not understand Cryptocurrency, let alone Blockchain or the liquidity position of a company with circa 8 million shares in issue, 4/5 million of which are tightly held. As for the Market Makers who’re short of stock, I’ll deal with that further down the piece.

If you don’t understand Blockchain/Cryptocurrencies then this stock is not for you. Get out now and trade/invest in the space that you understand, such as the resources or bio/pharms etc You wont make any money trading in a sector or a bubble that you are not ‘savvy’ with, regardless of how ‘cute’ you think you are. Sell up & move on. Now some people did that in the dot.com era and we all know what happened to those who sold such ‘God Awful’ companies like Facebook, twitter, Yahoo, Microsoft, Napster, MySpace, Amazon, Google etc. These companies were ALL laughed, scoffed and ridiculed on a daily basis in the heady days of the dot.com era. That isn’t to say that OBC are going to be Microsoft. I simply state by implication that the above listed companies swallowed up and bought out hundreds of smaller dot.com companies on their journey, one that made them the super global behemoths that most of them now are. Fortunes were made, and lost, by lessor companies and those that invested in them. Read Here

OBC yesterday announced the roll out of a new coin ‘Brazio‘. Now granted the RNS’s from the company have been thin on the ground and granted again, rather bland. In fact one could say that the company are deliberately ‘dumbing down’ their news flow. Now there are reasons for that which I’ll address. It was made very clear to those who went to the Pizza Crypto event that they would not announce negotiations and would only announce ‘Done Deals’. The company have been in talks with the Gibraltar Stock Exchange (GSX) and a third-party on a potential deal with a Global fashion house (Vivian Westwood). Those negotiations were not RNS’d, if they had been then the SP would have went through the roof. Equally because both sets of talks have now (Stalled) failed to materialise there doesn’t have to be an RNS. That is the ‘rationale’ of the OBC board on their deal-flow. (If you’re looking for pump & dump horse shit of the #Liargas kind then you wont find it here).

Currently OBC have a myriad of revenue generating streams. The Mining Operation generates between $150-$250 per day. The return on investment (ROI) will take circa 10 months. (Far better than a small oil & gas ROI and much quicker). That operation is currently being expanded. I know this because I’ve seen the delivery of further crypto-mining equipment. Now lets hazard an estimate that it’ll take 2/3 months to install the new equipment because crypto mining brings with it challenges. Apart from the security aspect, there’s the space, ventilation to cool the machines, and the noise. All these operational challenges have to be over-come. As some-one eloquently put it on twitter “It’s like pushing string up a hill”. So in 3 months OBC could be generating in excess of $500 per day. Then there’s their Crypto-currencies each coin generates a plethora of small revenue streams from the various transactions. The bigger the hash-rate the bigger the uptake the more transactions. OBC do not have two crypto-currencies they have four. Two have not been RNS’d. The market cap’ of Plus1 has gone from zero, to at its height $2m/3m. It’s now circa $1m. (Bitcoin didn’t hit $15,000 in a day, a week or even a year. It took time) If all four currencies total $10m, $4m or $50m in market cap then that generates revenues. Business rule 101. Create revenue streams to flesh out your company. The secrecy and fear surrounding listed Blockchain companies, especially one that’s run by people who’ve excellent working relationships with the London Stock Exchange, is the single biggest anchor on this share-price. Fear of pissing off the exchange is holding the SP down.

The company is actively in talks with a myriad of partners on potential deals. There’s a whisper that they are developing an exchange in either Brazil or Argentina. I hear that there’s new Application/s being tested, one is rumoured to have generated $1500 per day. What it is we don’t know. There will be no RNS’s unless there’s a signed deal. It is the first major deal that they announce we await. If you want pump & dump then leave the building. An update on their revenue generating streams would be more than welcome. Will we get it? Faith can’t move mountains. But faith in the integrity of a company can move share-prices. Remember it’s a Blockchain roller-coaster. If you’re trading, it’s where you get on and off that counts.

Likewise Market Makers (MMs) who’re short of the stock and deliberately mark the price down to sucker in the gullible. 11% down on a 3k share offload! To beat an MM you hold your stock because of thus: Online are fully cashed up, debt-free and hold a huge slug of ADVFN shares and are revenue generating with a potential company making deal. More importantly they’re a genuine company run by genuine business entrepreneurs. It’s already hit £1.85p and it will ‘hit’ again and indeed surpass. Time is the key. If you can’t understand the sector then move on.

The Blockchain sector is cut-throat, commercial confidentiality to protect your developments/talks is paramount. Like it or not it’s their strategy.

Viva!

Dan

6 June, 2018