PP is the easiest to execute. When you need money, just execute. Just check with your friends who has been Directors in public companies. Many youngsters do not have Board of Directors experience.
Stop acting like you know a lot, conman. DoctorDoom as your name implies your doomed if you’re still buying this. Use brain to think la, company doing PP but the current price merely 0.055? So u means the whole BoD want less money to be raised from PP?
Limituprince(newbie, liar, manipulator, naive, IQ Nil) confirmed you are behaving like like a dog chasing you own tail. During the EGM this subject was discussed. MA Securities was in attendance to answer question. It confirms you do not know the mechanics of PP.
I suffered so much… trusted somebody and invested my savings… can’t sleep well every night….in my heart I’m cursing the board and the sharks….. how can a company perform poor like this… fucxxxx..
LoL dumb people with dumb brain. Based on your logic “ from c9moany perspective”, the whole market should only UP because it’s logical for Company perspective. Then we should ONLY buy warrants instead of company shares because we almost can guarantee profit ( spactator’s dumb logic)
Limituprince (newbie, liar, manipulator, naive, IQ nil) why are you being negative, when the management is trying their best to secure business opportunities. If you have any personal issues with them, resolve it directly.
Are you sure they are even trying their best? What we can see is that a desperate conman trying his best to lure more ikan bilis to make loss with him.
Go buy the company-issued warrant from the whole market, it’s guaranteed profit because “in company perspective they won’t let it expired without reaching the exercise price” (your dumb logic) Bye
Limituprince (newbie, liar, manipulator, naive, IQ nil) statement has confirmed that he has not contacted Orion, nor he fully understands the announcements to fully comprehend the potential projects. This was reflected to his non attendance in last EGM for shareholders clarification.,
Limituprince (newbie, liar, manipulators, naive, IQ nil) statement also confirms he never had the experience of undertaking warrant conversion and using the words ‘guarantee profit’ to create a perception. Thus, creating a perception the mother share will not move to 17sen (equivalent to the warrants conversion)
Bla, I find that your argument always invalid. For instance, you’re calling me a newbie while also manipulator. So a newbie can be a manipulator of the stock market? What a logic. My question is very easy, do you think the share price MUST reach RM 0.17 before the warrant expiration date? Or maybe it is unknown because it will depend on the market ? Use your logic.
Limituprince (newbie, liar, manipulator, naive, IQ nil) newbie to the stock market, and, manipulator as a character. We can also confirm the liar character, which has been there over the many many years.
Limituprince (newbie, liar, manipulator, naive, IQ nil) avoiding the situation again, never had the experience of undertaking a warrants conversation. You tell me whether the best equilibrium price of 17sen be the basis of PP subscription. If do not know, please go back to school.
Alas, talk whatever you want. The share price always have the final say. Warrant RM 0.015 and soon to be RM 0.005. Spactator is bringing you all to Holland.
Even top promoter now start dying of his Hope Analysis and start hiding. Those endorsing this rubbish since Tun Mahathir era, now we’ve got our 2nd Peime Minister after him. Still waiting for your fake hope?
Time has proven who is the real scammer and who is here to help out people. Spactator, your devil mind is not needed, we all know you’re hiding, just promise us you don’t be like a rat again. We will find you out. Conman is proven.
I just have to admit that I’m a smurf, I’m spactator and was auto logged out and forgot my password. Throughout these weeks I was awake and admit that was my fault. I was too optimistic to it and ignore the facts and circumstances ! This is a huge mistake and I suffer loss of more than 5 figures. My family members & friends following me are suffering a great loss too. Sorry to everyone. I’m a dumb.
At the very beginning I already realized spactator was just a coward with 0 knowledge. Just read back all his comments and you’ll find out why I said so.
================ Be careful trading high NOSH low price penny stocks
Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
MERIDIAN is the latest high NOSH low price penny stock proposing to do shares consolidation !!! Announcement dated 2 August 2022
=================== Be careful trading high NOSH low price penny stocks
Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants
(I) PROPOSED ESOS; AND (II) PROPOSED DIVERSIFICATION INTO MINING (III) PROPOSED DIVERSIFICATION INTO MONEY LENDING; AND (IV) PROPOSED VARIATION
(i) Proposed establishment of an employees’ share option scheme involving up to 30% of the total number of issued shares of the Company (excluding treasury shares, if any) for eligible directors and employees of the Company and its subsidiaries (“Proposed ESOS”);
(ii) Proposed diversification of the existing business of Aldrich to include exploration of minerals, mining and mining related businesses (“Proposed Diversification Into Mining”);
(iii) Proposed diversification of the existing business of Aldrich to include money lending business and its related activities (“Proposed Diversification Into Money Lending”); and
(iv) Proposed variation to the utilisation of proceeds from the Private Placement (as defined herein) (“Proposed Variation”).
Further details of the Proposals are set out in the attachment below. This announcement is dated 23 May 2023. Please refer attachment below.
================= Formerly known as ORION IXL BERHAD
Directors getting more ambitious Directors looking forward to raise massive fund via massive share issuance to ESOS and to diversify into other businesses
Current NOSH = 1,113,459,590 will rise to about 1.5 BILLION shares from ESOS alone
================= Multi year loss making penny stock Rewarding staff and directors with cheap price ESOS Retail shareholders will see dilution to their shareholding equity % and EPS, if any
On behalf of the Board, M&A Securities wishes to announce that the additional listing application for the Proposed ESOS as well as the circular to shareholders in relation to the Proposals have been submitted to Bursa Securities on 22 June 2023.
This announcement is dated 22 June 2023.
================= Get ready for more fund raising via shares issuance for implementation of proposals
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
DoctorDoom
11 posts
Posted by DoctorDoom > 2021-08-05 09:52 | Report Abuse
Can Orion get back to at least 10 sens this month? Maybe 8 sen is enough……