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Surely due today - The standstill agreement was only put in place to allow EBIOSS further time to negotiate with BTC. Those talks were over by Wednesday so Eqtec should be ready to go with whatever news they have for us.
I predict RNS shortly after the market close.
Well said Richsif - boards can be great when people share useful insight and research but those with obvious ulterior motives are so painfully annoying. I am invested fairly heavily @0.6 so obviously would love big news tomorrow - but that doesn't make me bang on about flying to the bloody moon!!
was a tough day but an over reaction nonetheless. Was a bit of a shame to see such obvious ramping by those claiming "this doesn't effect Eqtec". It clearly does effect us and we would ALL rather have had EBIOSS receive the funding from BTC.
However, the fact remains that Eqtec still have their own finance AND contracts already in place so the fundamentals are unchanged! This WILL rise and I expect to see a cracking RNS Friday to get things back on track..
Eqtec do have other financing in place (read their RNS from Monday and you will see). The standstill agreement was obviously put in place because talks between EBIOSS & BTC were dragging on and we have now seen that they are over.
This doesn't mean Eqtec are screwed and I am therefore holding. However, it does mean EBIOSS are back to the drawing board in terms of finance (Wednesdays meeting). This does indeed effect Eqtec as the negotiations between EBIOSS & BTC were regarding finance that WOULD be passed on to fund Eqtec - read the last two paragraphs of the Eqtec RNS on Monday.
Worrying though. A couple of days back we were all expecting some of that €4m to get passed on to Eqtec and the SP to explode. This doesnt seem to be the case any longer and will make for a most likely poor reaction to the Eqtec RNS this friday
Not sure if people are intentionally lying but EBIOSS have failed to secure funding from Black Torro. I am holding still and not trying to deramp - just stating the facts.
Now it is time to work out what this means for Eqtec.
Not exactly good or bad, All it tells us is that there has been an extension of talks until Friday and we wil know more if the talks have been positive or negative then.
Indeed with Ebioss in at 5p the talks will likely go smoothly in which case expect a brilliant RNS on Friday which should see us north of 2p. Great opportunity to buy for those that know the full story here!! Roll on Friday!
To this stock. In the process of conducting my own research over the weekend. Could somebody give me a brief overview of the story here? Would be really helpful to get my research started and point me in the right direction.