The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Nice analogy - made me chuckle
So the directors are recommending that shareholders vote against the resolutions LOL. They might as well say "we ask the turkeys to vote for Christmas".. surely most/all shareholders outside the directors will vote against the company ... unless some are also lenders...
Will hibu come back on trade?
seems to be a strange time for someone to come out of the woodwork who has never posted before who claims to have shares in the company to bad mouth about a group that is gaining strength and momentum as every day passes,draw your own conclusions,seems to me people are starting to worry about the power of a very well organised and honest group of people who are working tirelessly to defend and protect the small investor from being shafted by the big corparations who think they can get away with walking over people with no consequences,well think again the tide is turning the small investor is not willing to rollover and play dumb no more. so just think why do these people appear out of no where with one post to try to deter others from standing up for whats right?i think we all know why!!!!
hibushareholders@gmail.com (note plura)
Joining a group of 700+ shareholders trying to salvage something from this disastrous investment decision is the best thing I have done. For the record I have lost my life savings and in proportion to this, have had to support the fight with a contribution of just 0.3% of my losses. Email Chris for full details of how to join and gain access to the private forum where members post on a daily basis.
Well there only seen to be 2 or 3 posters "moaning" about the HSG having to select 10 shareholders who are prepared to become directors of Hibu if they succeed (alongside the responsibility of being a director of a highly indebted company) and wish to return some value to shareholders. Perhaps they just do not wish to make the small contribution required in return for being eligible to any payout which is fine enough.
I have sent my details to this email address several times but have never heard back
Folks, The final cut off date for HSG applications is the 29th of November. If you haven't registered to HSG yet, but you'd like to, you need to contact hibushareholders@gmail.com (note plural) with proof of shareholdings and photo ID. Process for joining is quick and simple. We have many talented individuals working sleeplessly, and putting their own personal lives to one side to fight for the shareholder. Please note: If we do happen to go down the creditor route, you'll have no chance of a payout unless you're registered.
I think recent posts have helped to separate those genuine holders from those who do not or have not held. To say that someone should not join the hSG paints a fairly obvious picture of what side of the fence you are on. Could they be paid derampers or maybe just sad individuals who find fun in the misfortune of others?
Let me paint you a simple picture. If HSG are unsuccessful then all shareholders will get nothing. Join HSG. Vote HSG. Simple.
Well said KNIGELK. To those who are voicing unwarranted suspicions about the motives of the hSG, what other approaches do you think can / should be taken in all reasonableness at such a late stage in an attempt to protect the interests of shareholders? You do realise, don't you, that the hSG had the door slammed firmly and unceremoniously in its face not so long ago by the current BOD for having the audacity to merely invite them to discuss the situation and shed further light on how it arose?
Well if the HSG wants to get rid of the current directors - they obviously have to put replacements up! Do you expect them to take on the jobs for free? Remember who's to blame here for destroying shareholder value ... clue, it is NOT the HSG!
i bought into these at 65p the sooner they give up the better i have stopped all my companies adverts with them and im glad to see the back of them i have noticed they do not push as hard as they used to do accept it we have lost our money but do not support any of there directors in any future ventures take the money and run but you have to survive like the rest of us good luck to the board
They go for new businesses (small business as it is because everything starts small) but guess what? With their misleading they are upsetting the very core of their target which means they are running out of small businesses willing to advertise with them! And of course the advertising itself doesn't really work as people are becoming immune to the silly claims in advertising and so rely more on word of mouth than on advertising when deciding who to hire...Hibu is in deep boo-boo. The morons instead of cherishing the new relationships they create they upset the new customers and lose them this way and old customers won't return for lack of results. Hibu...rest in piece. http://www.consumeraffairs.com/misc/yellow_book.html
I will not be voting in support of any HSG resolution unless the "candidates" make it clear how much they will be taking in remuneration, if elected.
I'm not looking at joining any groups I have nearly 1,500,000 shares will gladly vote with HSG and support other share holders ,
Apathy is the biggest risk. Most if not all the shares are now held privately with most in nominee accounts. Instructions on what needs to be done to guarantee the best possible outcome for shareholders will be posted here in the coming weeks. By not voting or voting against the resolutions proposed by HSG will be akin to investor suicide.
a holder, but good luck to all & hope it works out.
Any clues on how the main shareholders will vote (maybe it's too early)... ??
Arrogance = Frustration. You can lead a horse to water, but you can't make it drink. Well done Chris and team for getting us an EGM. Look forward to hearing about the 10 candidates to be voted onto the board. The future is in shareholder hands, make sure you use your vote in December. Watch this space for more information.
I was a shareholder here but not at the time of suspension - but would have joined HSG is I was still holding the shares. I was a member of another action group and there was a cost for involving advisers - going through the courts etc. With this group there was a suggested contribution based on the number of shares held at the time of suspension. Remember the more shareholders joining HSG, the less cost per member and more firepower and voice they will have. Also being part of this group provides you with confidential information on progress and also gives a private forum to pass ideas and suggestions to one another. Perhaps the question for those apparent shareholders on the threads not yet in the HSG is simple - why not join? (what do you have to lose)
Buster. A genuine question. Do you really believe the HSG can work? I don't get it. I totally believe that hibu has been mis-manged into oblivion. First by JC and more recently by MP. I also believe MP was dis-ingenous with regard certain business promoises and statements not least the imminent tie up with Microsoft!! This is possibly corporate negligence although I have no knowledge of the legalities. The piece I'm struggling with is this; how many of the shares declared by members of the HSG were purchased after the first statemetn regarding little or no value? I simply do not believe the people that "took a punt" on these shares after that can possibly have any cause for concern. Everyone knew that would be a gamble. You simply can't lose the gamble and then go crying off to mummy saying how unfair it is and demanding justice. I lost a bunch here but sold out about 3 weeks after the MS announcement didn't happen. I bought on the investor news which at the time was about turning the business around and first class management... I was wrong. I lost money but in a way I believe I have a better case for justice than the gamblers that were buying shares at 3p or 2p or 1p or 0.71p or 0.31p. I just don't see how the courts are going to agree to take this seroiusly. It's probably not a question that would be answered on here... but are the solicitors for HSG being paid? If so, who is paying them? I fear they will be the last winners here not the shareholders???? Have a good weekend.
We are 'where we are today' because of Pocock and his cronies. With respect you sound quite an arrogant bunch. But I do wish you well. Maybe you and Pocock deserve each other !
We are giving everyone the opportunity to join as it is not cut and dried that any settlement would go to all shareholders. Of course we are fighting on behalf of all shareholders and we hope to get everyone some settlement. However the mechanics of these things sometimes mean that a group of shareholders with a majority vote can sometimes claim as a creditor group (as in Cattles) and a settlement made for the creditor group. Joining of HSG is of course purely voluntary but I would advise that it would be in your best interests to join us.