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Dickie that may well be the plan who knows….CP’s can kicking exercise here seems never ending but we don’t really have a choice at this time but to wait and see if this actually IPO’s…if that falls flat and we don’t get the £30m required relist valuation then it’s all over In my view.
If it works we all have the opportunity to offload everything on day one( at a lower price I reckon) and salvage something…..or investors here who have written off the cash tied up here may want to see where this goes…if it opens up in other countries like CP is suggesting who knows where this can go. It’s a tiny start up at present which is slowly gaining traction a day at a time. We have more news coming so CP says in the next few Q&A’s… so we wait to see I guess.
He’s either very shady or very useless, one thing I felt is that we as holders need to stick together and if say by q2 the can is still being kicked then take action.
I hope it returns but too much time and gaps in what Scameron says.
He’ll do a runner at some point very soon. Just my opinion.
Posted again because i believe i am 100% correct >>
.....Is anyone prepared to take this toerag to task and get him investigated. No, it seems no one knows where to begin? There is s little known law albeit rarely used called....."Taking a pecuniary advantage for gain from a position of authority"
If guilty can carry a prison sentence of 10 - 15yrs
CP is playing the long game (shareholders) to keep on the right side of the law. No one has dared ask for an investigation into his activities because until he commits tax fraud there is no will to investigate. So he'll pay himself and possibly misappropriate funds to an overseas bank, all the time stringing investors along with a promise of an IPO and relaunch the company. He can do this indefinitely until every last penny is gone. Then he'll simply close it all down. Tally subscribers could lose everything.
exactly right dickie3times
needs a legal challenge to see exactly what the smoke and mirrors "long con" is...
after he has left the country having extracted value from the company over the past several years and sold railsbank down, then it will,be difficult to convict Parry
i have said numerous time s over the past few Years, i'd rather see the coimp[any closed down now and Parry taken to account, rather than see him escape with all value from the company, as his family achieved previously ion Australia.
a safeguard on remaining assets (RAILSBANK) would be required, however its a real problem when you have to protect shareholder assets from an arguably duplicitous and nefarious CEO.
No it was a past post of his. It felt a bit spiky to me.
I thought he sounded pretty positive as usual….have I missed a recent post of his?
Btw, based on nothing but gut feel. Like everyone here I know nothing. Even bigmj sounds ****ed off.
It's the last roll of the dice for me. If he shifts it again it isn't happening and the company is on the road to folding. It'll be a keeping the lights on exercise so they can wind it down.
I'm 70/30 expecting it. We shall see.
You may well be right Dickie but I’ve waited 3+ yrs for this to get this close so I’m hanging around to see what the next few months bring…if nothing by end of Q2 then I will agree 100% with you.
Imo.....
CP is playing the long game (shareholders) to keep on the right side of the law. No one has dared ask for an investigation into his activities because until he commits tax fraud there is no will to investigate. So he'll pay himself and possibly misappropriate funds to an overseas bank, all the time stringing investors along with a promise of an IPO and relaunch the company. He can do this indefinitely until every last penny is gone. Then he'll simply close it all down. Tally subscribers could lose everything.
Why does CP bother...who is he kidding.
FFS
...This month’s Shareholder Q&A will be Monday 31st January, 6pm-7pm.