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I have had a reply from the nxt chairman. They are working with their auditors hoping to have their 2020 accounts finalised before Christmas. They have informed the Leed board.Hopefully a good outcome.
Sadly Aim is a cesspit, we don't know what truly happens behind the scenes. what fool would bid for the shares in NXT now. I have lost over a years pay putting my trust in these guys to make one balls up after another. It's taken years to get to this point, and they will ride of into the sunset picking up their fat paycheck everyweek. It's a game of pass the parcel with our money, no one seems to be held to account for major corruption,and we are left to pick up the prices.
The only thing I hold onto through this whole mess is God is not mocked a man will reap what he shows.
Thanks for letting me know.
I still hang on in hope.
Still can’t believe it is all a scam.
Keep well and have a good Xmas.
Any news I’m always looking in here.
Indeed a fine example of AIM at its worst IMO having bought in on the promise of the Manas coal this has just stumbled from one disappointing failure to another - so what's next a cash shell with no cash!! .... still not the worst AIM mistake I've ever made LoL
Good luck elsewhere all ;-)
Good afternoon to you.
Seems strange their website shows many high value projects.
Three out of three dud investments.
Either bad luck or the company haven't done due diligence. Maybe they should have stayed closer to home. Only a few thousand a year to keep company going. Imo they should wait a bit longer.
They have waited over five years.
Issue shares at .1p each.
Raise a few hundred thousand and start again if need be.
Why have the directors hung on this long just to liquidate. Maybe someone will buy the shares.
Not surprised - extremely disappointed but it was coming. If you do nothing you generally don't get anything in return!!!!!
Not the outcome I expected given the nxt projects and website.
Seems our board invested in not one not two but three scams.
The board should be held accountable for lack of due diligence.
Or is anyone here brave enough to bid for NXT shares .... not me LoL
http://leedresourcesplc.com/announcements/09122021%20LEED%20RESOURCES%20PLC%20announcement.pdf
Hope all ok at your end.
The directors imo should have filed the accounts on time imo.
They have already written it down by 50%.
Nxt seem to have large projects on the go.
Very impressed by website but that’s about all.
Starting to think the whole thing stinks something rotten.
Why not file their accounts.
If I hear anything I will post on here.
Cash must be almost gone so we could do without paying out thousands in unnecessary fines.
Hi Steve, that is no surprise surely
I had a reply from Charles Zorab.
They are waiting on NXT to provide more financial information and get their accounts filed.
We will then file ours.
Complete and utter farce imo.
Why pay fines when we have no money anyway when the accounts can be adjusted the next year to 31st December 2021.
Let's hope it gets sorted and soon.
It amazes me how people can actually be so rude and disrespectful. We hear nothing from the board regardless of asking many times and getting false promises of 'update shortly'... I am sick of this, I have always been very sceptical about this but I am just completely fed up now. People like this, our so called Board should not be allowed to hold positions of authority with other peoples money...
I have looked at NXT website, looks like some new projects on the move.
Board have decided to not file accounts until December. They are waiting on Information from NXT.
We are almost out of cash here so why file the accounts late and incur fines.
The NXT investment has already been written down by half. I think they just want to know if any further write down is required.
As year end is 31st December, why not just file the December 2020 accounts and worry about any possible write downs next year.
News soon.
Wish there was. Last time I checked with nxt they said Leed were so minority they didn't recognise them. Wish that were different. 124 zillion tons coal........., pre fab panels....... the quarry limestone........, now nxt.
Still no news on a RTO
Seems they are having trouble getting info out of nxt.
Want to delay accounts as they want a figure for how much our investment is worth.
They have already written it down by half.
I shall contact Charles Zorab regarding the above.
Average. 005p so £10k invested here.
Bought when I thought limestone co was going to be a gamechanger, it certainly was for all the wrong reasons. I have e mailed Charles this afternoon with a few suggestions.
I will post here if anything worth mentioning if I get a reply.
A delay in responding after my previous email saying 'shortly'. 20million shares wow...
The delay on just what?
I have just looked at the latest news.
The Wyndham hotel project is going ahead project is $40 million dollars. Not sure if all or what percentage is attributable to nxt.
Could be they are waiting on the ipo.
Without them raising money and relisting we are going to find it very difficult to bring any shareholder value back here. The larger shareholders could well have a lot of say in what goes on.
Any update would be welcome.
It could of course just be the annual accounts or telling us that we have no money left.
I have a lot of reasons that I want Leed to come good, 20 million of them.
'I understand your frustration. An update will be put out early next week, which will also explain the reason for the delay.'
Lets hope we can get some clarity either way. Good news would be nice, but I am less optimistic than others
I hope he does.
I used to e mail Charles.
He agreed with me on some points.
I was hoping nxt would have had their ipo by now.
I contacted nxt direct a few months ago and they gave me a very interesting response.
I think we are far from finished here, it’s just the very slow rate of progress.
ATB
I have sent Ian a follow up email. He replied in May saying information's would be shared 'shortly' so I have requested a bit more clarity. Ill let you know when and if he responds
You couldn't make it up ,due diligence became tatty bye. Well every dog has its day. You would think after five years that they would have something up and running to offset the tax losses against.I wonder if some of the larger shareholders would be up for another investment in something that works. They must be sat on huge losses.
Good to see you are still looking in.
Still banking on an nxt ipo.
Look at my previous posts for some insight into what is going on.
I could give you some info but not on here.
Quite interesting but confidentiality attached.
E mail only.
He was let go free. There was no theft. I contacted Australia. Limestone direct. Spoke to them.
Nxt? Leed is such a minority shareholder nxt do not recognise them or their holding, its nothing . I've held here a long time. Whether it be coal, building blocks, fabricated buildings or missing money every single venture unsuccessful. The re birth of LEED. That is funny. That was due to previous failure. Like some other long term holders be good to see the directors actually put together a deal that worked and made money not a pocket full of plans and rapped websites that never work. I wrote this off way back. Years and years ago. I'd never put money into aim again and would advise no one to. Thank god I made other investments away from aim and Leed especially. The worst, and thats saying something. A dungbox