Yep, just waiting for the circular to arrive, which should not only state the resolutions/proposals, but also hopefully detail the reasoning behind them. It seems some shareholders have unfortunately already made their minds up in the negative, but as Bryn says, we need to see the info before we can really make an informed decision. Otherwise I reckon we are basing our decision on fear alone. We have to give Alex a chance, allow him to explain, because he has so far kept us afloat and that's a damn sight better than the alternative, in my opinion.
Yes, MA can't liquidate anything to do with BMR. He has been cut loose. As far as his involvement in our share is concerned, he is history. If he is liquidating assets, and the word is "if", then it will be other assets not associated with BMR in any shape or form.
West - I do believe you are correct in as much as MA would be liquidating what assets he and his family own rather than assets owned by BMR.
We do know, as per the RNS, that BMR cash was used to finance deals for others before being repaid minus any interest I would assume.
That said - who paid for these assets in question remains to be seen, if he it is at all liquidating them. If he is doing so and there is shenanigans in the mix then perhaps it would be sorted via a financial investigation.
The issue again is that this comment is an anecdotal one, mere hearsay, so nothing can be substantiated at this time. Therefore it is a comment which if anyone wished to take action upon they should be doing their due diligence before making any rash decisions. Knowledge is the key.
So we have Scotch making a comment upon what he/she knows and we also have comments based upon what other posters believe they know.
There is no difference really - until these comments are backed up by a researchable FACT they remain comments.
This is not being negative towards you, but just to make sure what was meant by that post imho "MA is liquidating HIS assets" I have not given it too much attention, I could be wrong, but I believe SOI meant MA or family owned assets, nothing to do with BMR, if any one is more updated please correct what I have just posted.
I question anyone who isn't thinking who is Alex Borrelli, what's he here for, who is actually working for and will it be for the benefit or detriment of my investment. Instead just championing him at every turn, including the absolute smashing he has given to our asset base, rightly or wrongly.
I sincerely question those on here who have put a positive spin on every RNS every released by BMR without question and continue to do so even today.
The person doing the most damage or benefit to our investments will be the current management. Not an individual poster.
We are all supposedly shareholders, yet why do some continue to belittle a shareholder group and just attack individual investors.
The continual attacks of scotch are hypocrisy personified. There are some posters on here today who still continue to post misinformation and have done the entire time I've posted and they are never pulled up. Some people have posted absolute corkers.
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