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Insig AI – further convertible loan facilities drawdowns, what next?

By Steve Moore | Tuesday 30 August 2022


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


’Data science and machine learning’ company Insig AI (INSG) has announced “a fourth tranche of £160,000 was drawn down on the convertible loan facility provided by Richard Bernstein… a third tranche of £80,000 was also drawn down on the same day, on the convertible loan facility provided by David Kyte”. So what’s the overall situation here now, with the shares currently at 22p?

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