3Legs Resources Forum

Shares suspended but if investors are excited about this RTO then remember Vela Technologies owns just under 4% of 3Legs

from Vela Technologies board .....News from 3Legs today ... here are the sums as I see it .... raised £800k at the beginning of the year, let's say there is £600k left. Raised £500k recently from Jim Mellon ... so total cash£1.1m. Market cap last night was £1.3m So there is a nominal value attributable to the listing NOR to Jim Mellon who has put more has put money into the investment made today by 3Legs on the same terms. In total it looks like Jim Mellon has invested now over £600k in 3Legs and SalvaRx in addition to owning 50% of it prior to this transaction With all the noise around Jim Mellon, justified or not, you might think he might be worth a million or two on the value of 3Legs? .... and I guess it's conceivable that 3Legs ultimately buy SalvaRx in time? Who knows

Good morning

Hopefully you will have seen this morning's Corporate Update by Vela.

Here is a link

[link]

I also would like to highlight the RNS Reach of 9 April where we notified the market that Vela Technologies would be exhibiting at the UK Investor Show this coming Saturday.

Subject to resolving some logistical issues, we are hopeful that we will be able to demonstrate the StreamTV 3D technology – no glasses required.

Brent and I look forward to welcoming shareholders and others alike that are interested in Vela

Antony Laiker
Executive Director
Vela Technologies Plc

Posted on ADVFN

Are they releasing pwc report???

Daniel Stewart reversing into the rump of Qpp

3LEG off and running

see what happens here today

3leg trades on isdx also

but i see a bunch of trades at 1.2