Ged used the company myself on a trace, even found corpse their and companies long forgotten. Looking back some of those shells though above board at that time in history if applied now in this era would not probably not probably carry grace and favour. But as you well know the detail is key to any research and things are not as they seem and never hurts to a bit of digging. As there is no news here a bit of discussion may get people to invest here if they think we no what we are talking about. I would assume that teflon is important in any cooking process and the meals are always cordon bleau. Pinn is long stew rather than micro wave if at the correct setting.
Hi corpse. For completeness of PINN's non execs current directorships and company involvements. . http://www.telegraph.co.uk/finance/yourbusiness/national-business-awards/9474414/Duedil-backed-to-open-up-company-information.html Due Diligence dudil https://www.duedil.com/ register for free and get access to all the company and directorship information on the following.
Full Name of Director: Thomas Joseph Black, Age: 53
Digital Barriers Plc
Digital Barriers Services Ltd
Old Bailey 2005 LLP
Butser Developments Limited
Directorships held within the last five years:
Detica Group Plc Rubus Ltd
Detica Holdings Ltd StreamShield Ltd
Detica (IPR) Ltd StreamShield Networks Ltd
Detica Ltd Detica Consulting Group Ltd
Detica Systems Integration Limited Detica Federal Inc
Inforenz Ltd StreamShield Inc
Primary Key Ltd Detica Inc
Mr. Black has an interest in 88,209,524 ordinary shares of 0.1p each in PINN, representing approximately 2.76% of the total issued share capital.
Full Name of Director: James Edmund Dodd, Age: 61
The Witness Corporation Ltd
Apollo Submarine Cable System Ltd
Directorships held within the last five years:
Anthem Corporate Finance Ltd
Mr. Dodd has an interest in 24,666,667 ordinary shares of 0.1p each in PINN representing approximately 0.77% of the total issued share capital.
Noted HRI posting on directorships and companies, you probably noticed that Streamshield Networks and Butser Developements both none trading at this time. So comments are not out of ball park, been on BOD attached to BOD but end of days name on paper only, rather have profit on paper and blue.
Herald Investment Trust plc (LSE: HRI) is a large United Kingdom-based investment trust focused predominantly on holdings of quoted small- and mid-cap technology, communications and media companies. Established in February 1994, the company is a constituent of the FTSE 250 Index. The fund is managed under the auspices of Herald Investment Management and its chairman is Julian Cazalet.
Herald Investment Trust Plc was registered on 10 Dec 1993. The business has a status of ''. They were founded by Timothy Abell, and Clive Parritt. There are 2 shareholders of Herald Investment Trust Plc. They have no known group companies. The company has assets totalling £520,657,000 plus total liabilities totalling £71,358,000. Last year, they paid £-144,000 in tax and had £30,021,000 in cash reserves. Their book value is £449,299,000, and the value of their shareholders' fund is £449,299,000.
Some Directorships can appear quite incestuous. I can recall some while back I had a well know international perfume house as a client. They too appointed a Director with internationally acclaimed credentials with several common directorships. Too cut a long story short. Within 6 months of the appointment of the director who was given a top of the range macho machine car a huge salary an expenses account which the director maxed out and which dwarfed the the company's annual profits until in the end the company was obliged to release the director as an unjustifyable expense burden but not without first having to give a handsome payoff. The moral is never just read the headline announcement but make enquiries into their role, duties and performance related emoluments and how objectively successful they have been elsewhere.
Tom Black appointed Non-Executive Director of Herald Investment Trust plc Pinnacle Technology Group plc (AIM:PINN), the AIM listed provider of cloud based technology solutions, announces that Tom Black, Non-Executive Director of the Company, has been appointed as a Non-Executive Director of Herald Investment Trust plc with immediate effect.
Herald have a 6.85% holding in Toms Digital Barriers business and 5.22% in Pinn
Re my post of 26 March, Karina. I only have one main agenda in these markets and that is not to lose money. Having had as many as 16 million or more I am so glad that I finally saw the light and sold them all down to 0.30. I estimate that I saved myself about £20k so far, so that alone is available at the right price.
As I said, writing an objective review of the results was seen as disloyal, which is hardly surprising for those who have massive holdings and are staring at losses of 25-50% if they were forced sellers today.
I have never stopped believing the PINN story and the new IIs are a big positive, but things like the Gross Revenues not increasing in the 2nd half of last year despite the Olympics and the preoccupation with "churning" existing customers rather than new customer wins worried me in the short to medium term. People keep quoting 3,000 customers but even AB has been talking about 2,800 for months now and at least one of the acquisitions was nowhere near delivering its pre-buy projections.
As I have said countless times, there will come a time when I think PINN are an attractive buy again. For the time being I am still watching. I did have a target of 25 but I now have no firm target.
And any idea that my posts about every 4 weeks are affecting the SP are ridiculous.
Have you not seen how the "loyal" investors have been haemhorrhaging on ADVFN?
I remember the first time we spoke and others who have spoken to you also rate you as an OK bloke, so I am disappointed that you have become so unpleasant on this and other Boards.
It takes two views to make a market at any point in time...
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