Aleksandra Binkowska

69 days ago

Hydrogen Utopia: what are the other receivables counted as a current asset? And why?

Today we have interim accounts from drowning in red flags Hydrogen Utopia (HUI) and I suggest to you that the presented balance sheet is a work of fiction designed to hide the fact that the company is in the financial doggy doo doo.

87 days ago

Letter to FCA: Hydrogen Utopia, who owns its shares?

Shares in Hydrogen Utopia (HUI) are now just 1p to sell but with average daily volumes of less than 100,000 shares if you own 50 million shares you would be unable to sell for a fraction of that. And this maters because of an RNS from 27 August 2024. I have written to the FCA

180 days ago

Hydrogen Utopia – a placing that stinks after an RNS that deceived

I explained in yesterday’s second bearcast why the day’s release from Hydrogen Utopia (HUI) was nonsense built upon nonsense built upon nonsense. £500,000 has gone missing and what was meant to be a cash cow supplying weed to folks like Liam Murray is, in fact a cash drain. After that ramptastic shite, today comes a discounted and paltry placing that stinks in every way possible. Let’s start with a statement from CEO Aleksandra Binkowska yesterday:

432 days ago

Hydrogen Utopia: Funding Crisis and the £3m loan facility that is not!

Interim numbers from Hydrogen Utopia (HUI) indicated a monthly cash spaff of c£100,000. That will not have changed in the second half of the year. If anything it has got worse. Not surprisingly that sees the shares sliding and that poses a particular problem for CEO Aleksandra Binkowska who has agreed to pledge all her shares for £3 million of rescue loan finance. But as the shares collapse, that package looks in jeopardy.

610 days ago

Hydrogen Utopia and today’s stinking purchase of 49% of Ochrid Organics Ltd which can’t even file its accounts on time

Smoke and mirrors, dodgy related party deals involving Howard White, the near 70 year old “friend” of Hydrogen Utopia’s (HUA) thirty something CEO Aleksandra Binkowska, an inability to file accounts and sums that don’t add up. 2024 has started as 2023 ended for this Standard Listed dog. Today we are told that Hydrogen has exercised an option to buy 49% of Ochrid “to provide an income stream in 2024.” Well up to a point, Howard, old boy.

1257 days ago

Powerhouse – can anyone explain what is the USP of its unproven tech is now? HUI goes Dutch

On a day when Ceres Power (CWP) hooked up with Shell and promised to spend £100 million on its tech which will produce Hydrogen from waste far more cheaply than anyone else on this planet I ask someone, anyone, to explain why Powerhouse Energy (PHE) is not pointless as its bastard offspring Hydrogen Utopia (HUI) goes Dutch.