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Best we can hope for is that it ends up at zero debt with everything payed off and then they use the listing for something else š¤·āāļø
The company is in the process of liquidation ( apparently ) the liquidators are now the directors of the company and it is still being run by those directors. Impossible to get any info. No doubt the fee being charged are colossal and even though we know the company assets far far far outweighed the debt owed I suspect this will be strung out just long enough to use the surplus up in fees.
It was probably originally thought that the excess would be used up with a year or so but as energy prices have soared over the last couple of years so has the value of the assets so itās turned into the gift that keeps giving I suspect š¤¦āāļø
Canāt get a reply from anyone connected to the process.
Hello everyone, I feeling that is more criminal problem right now, I have 44900 shares right know and I don't know what happening inside, if possible somebody can advise me which address is correct for legal process because I am foreigner and I posted small money and I want to know what I should do it,
Regards,
Have good lives guys, life goes on.
Scandalous
Rock n roll chaps. Remember, forever, at least we arenāt them. Something to be proud of !!!
Power to the people. One day.
Mark - if you think they are still trading, you thought about contacting the big shareholders ?
I donāt think it I know it! The liquidators were appointed as directors of the business in order to facilitate exactly that.
thatās assuming the accounts werenāt vented than a bulls backside. i hear ya tho. theyāre all scumbags. one day when they lay on their death beds they will have to face the torment of their conscience. as we all will. iāve seen first hand what happens to greedy ******s when theyāre on their way out. put it this way, they donāt feel very good about the way they chose to live.
write it off, file it under life goes on & be thankful you havenāt sold your morels for a flash car you canāt take with you.
bests.
No one will entertain any contact other than the receivers who are running the company ( for a fee ) and they will only entertain the largest shareholders myself and iknownuffin have tried multiple times. Iāve even been in touch with my broker as they can push a little harder as they have more clout as they represent a large number of holders and they just got a standard āthe company is being liquidatedā reply
Itās probably one of the more shocking rip offs Iāve seen ( been affected by ) in my years of investing. There was multiples of the sums owed in assets and that was BEFORE energy prices spiked globally lord only know what they are worth now.
I lay this squarely at the feet of RSG who also wonāt entertain answering anyone.
Mark - if you think they are still trading, you thought about contacting the big shareholders ?
Too many @Cando
You canāt get anything from anyone. The company is still trading and hasnāt been wound up I know that much!
Just seems we are being blatantly robbed and bugger all we can do about it! Someone somewhere is or has made a lot of money here and it aināt shareholders thatās for certain.
Honestly have no idea what they are doing.
How many years as this been now
Donāt even bother looking really no more it just sits there
Iāve a very good idea how itās going to play outā¦.. thereās going to be absolutely F/A left, itāll be insolvent and our shares will vanish off the register.
Stinks! I have forgot how long I have been locked out of this now. Literally no idea how this will play out.
Imagine if one day you lived in and these were unsuspended & at Ā£2.50 a share & the Chairman wasnāt a con man who hadnt knowingly lied to fill his pockets with those who were worse off than himselfās moneyā¦
Pretty unlikely but itās a nice thought lol
Do you think we will have a update next week lol
Something for your great great grandchildren when this gets resolved then Camkiteš.
These into my will...
You never know. lol
Helpful - if nothing else I want the share gone off my account so I can close my Halifax investing account , having to pay a Ā£36 fee per annum for this bloody share hahaha
Iāve heard back from HL and they are getting in touch in order to get an update. I suggest everyone does the same with their brokers ā¦
I had shares in Greka as well this one. Every company this guy creates turns to dust. Have decided to share gift it just to get it off my books with interactive investor. I do not like to be reminded of it every time I open my portfolio!!
Myself and iknownuffin have both emailed our brokers asking for updates / explanations as to the situation. Iād suggest everyone does the same ā¦ and often!
Think your bang on mark, itās still going and we cannot do **** all it seems
Well I canāt get any sort of answer from anyone and itās not been for the lack of trying I can assure you! Itās still trading under administrators / liquidators and we are being robbed it would seem.