Shell Gains Leverage to $1TN IoT Market, page-7

First 7 Last

Share
Profile

Follow
Archie707

366 Posts.

16

18/02/16

12:06

Post #: 17052190
Share

Originally posted by Stockcount ↑

cashngrab,

Its a 'shell' company, not the oil company also known as (aka) Royal Dutch Shell.

RYG used to be in mining and geothermal. Not a tech company. they have met somebody and are sold on the idea and now putting out patents and financing options and all sorts of marketing to get the ADRC system up and running. Selling the whole thing as part of the magical pot of gold at the end of the rainbow aka the IoT.

ADRC sounds good, but not until they name the chip maker and sign a contract with them and also complete the deal in March where they actually 'buy XPED' do I look at this as any more than a potential scam.

Please people, these startups are a dime a dozen. They sell the latest dream, which in this case is IoT.

Some are genuine, many are not.

I honestly believe they will take the first takeover offer that comes along. There is no long term future for this company, because of management.

If the XPED owners, developers, inventors, are to become the majority shareholders of RYG(a reverse takeover) then that is another story.

I cant see any info about that except the article at the top of this thread called it a reverse takeover. But all announcements look like RYG is buying XPED.

Can anybody confirm that RYG will from 16th March 2016 be effectively owned and controlled by XPED ?

Expand

A very good point. Not seeing much of Xped management at all. They used to be in the media and giving leadership. Seems to me the Xped guys are minor shareholders in this new company

RYG Price at posting: 2.7¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

LLL

Leo Lithium announces major divestment of flagship Goulamina project to Ganfeng

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

RHI

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

Week 27 Wrap: "Election year" is here as UK Labour win contrasts France; Trump wins immunity & annual report season hushes ASX

Climate change to drive market trends to the moon

TVN

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

KGL

KGL sniffs 19% Cu from drilling at Rockface play in NT

STN

Saturn’s stars have aligned for the gold explorer’s Apollo Project

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

ITM

Fast-track assaying yields 182 g/t gold for iTech at new NT play

There are more pages in this discussion • 8 more messages in this thread...

First 7 Last

Add RYG (ASX) to my watchlist

Shell Gains Leverage to $1TN IoT Market, page-7

Top Stories

Leo Lithium announces major divestment of flagship Goulamina project to Ganfeng

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

Week 27 Wrap: "Election year" is here as UK Labour win contrasts France; Trump wins immunity & annual report season hushes ASX

Climate change to drive market trends to the moon

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

KGL sniffs 19% Cu from drilling at Rockface play in NT

Saturn’s stars have aligned for the gold explorer’s Apollo Project

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

Fast-track assaying yields 182 g/t gold for iTech at new NT play

Featured News