Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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thanks kezzman for updating with info. at least we are still alive.
http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/other/13299041.html Further to the announcement of 16 February 2017, as previously noted, the cancellation of the admission of the Company's AIM securities has had a direct impact on the Company's status as an unregulated exchange-traded fund in Jersey. The Directors have been working with Jersey counsel, the Company's Jersey administrator and the Jersey Financial Services Commission (the "Commission") to formulate the best way forward for the Company in these circumstances. This dialogue has been extremely constructive and the basis of a way forward for the Company has now been agreed. The Commission has today published a statement on its website detailing its findings and conclusions. These principally relate to certain operational aspects of the Company since it was admitted to AIM in April 2011 and as a consequence of its shares being cancelled from listing in November 2016. The Commission also requires the Company to hold an EGM at which a resolution will be proposed for shareholders to decide whether the Company should cease to be an unregulated fund. If passed this will enable the Company to carry on with its current business, being that of a company holding one principal asset, namely its investment in Big Sofa Technologies Group plc ("Big Sofa"). The Company is also considering whether, going forward, it would be more appropriate to be located within an alternative jurisdiction to that of Jersey. The necessary proposals may, if ready in time, also be considered at the EGM. Since the date of the last announcement, Big Sofa has continued to develop its business, winning a number of significant new clients and implementing its business plan. This is having a positive impact on the value of the convertible loan that the Company holds in Big Sofa. A further update regarding the matters referred to above will be provided in due course.
I think it depends on whether they convert all of the loan to shares We will see where his priorities are
I honestly think we will get something back eventually but it could be a while
We've had word's before
good idea, don't be too confrontational as they are mates but at least your being proactive.....if you need any help let me know
Especially as he pushing bst at the moment
OK I'll email tw tomorrow
BTW it wasn't a joke about the TW emailing scenario....he may actually help us find out whats happening
OK we sit and wait for 18 months To see if they did the right thing
money isn't lost at the moment which is why people aren't kicking off but an update is long overdue
Does anyone really care if they lose money on aim It seems to me that people can't be bothered about it I would of thought people would be giving them hell Funny old world
seeing as AR is best buddies with Winnifrith you might be better off emailing Winnie at SP
Well you've just about answered most people's questions pulpfiction We are just common people
adamandnick@dontgiveafcukaboutnew.com
Has anyone got a email address for reynolds or Lee If enough people would email them perhaps they might put a statement out
is there another site where we can get current info from, seems to be just sitting in the dark forever here? thanks for any reply
I'll be surprised if they do After the deal fell through they evidently lent bst another 75k
god almighty I hope they come up with a more immediate strategy to get this up and running
31st December. 2018 How much we get depends on how much we convert to shares
big sofa seems to be doing well at the moment....so when do we get our dosh back?
read today tw about big sofa
It would do no harm to put out a statement How funds are in the company right now How much the loan notes have increased in value and the restrictions on them And what salary the board are taking Is this unfair to ask this
NEW. The company is actively working on a revised strategy in order to deliver a return to shareholders. Well we can do nothing but wait and see if this happens .
mentions NEW shares today, sounds a bit more optimistic,to me anyway.D