The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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antofelli is PB ..
Trout have a read https://www.registercypruscompany.eu/2017/05/25/key-benefits-company-formation-cyprus/
Then I don't really understand why Talbott then transferred most of the Company to Chris Groves and a Cypriot company, only just before the buy out.... I am lead to believe there is no coincidences, but can't help feeling the address of the Cypriot Company rings a bell and Chris Groves may be related to a wannabee Swansea 'playboy' (Zorbas' words not mine). Just hope Chris's Sister doesn't get to hear what Zorbas said about her fella shagging around....
No you’re wrong the Trout. Top Gun Talbott wrote all the code (in between pyramid selling cheap energy deals) he just happened to pass over ownership to hogans brother in law who had access to an Australian who would happily pay 1.3m for something he asked his mate whether it was worth buying. With a happy coincidence the money that didn’t go to Swansea went to Cyprus. But yeah, totally legit.
He didn't have time to, he spent 1,000's of hours writing software for the drone, didn't he???
Update the website?
Now who was in charge of revamping the website?
Oh yeah, Hogan's brother in law!
Antofelli,
"or when you can't even count how many votes are on your side before calling an EGM"
So the BoD have just found out that Macquarie sold out 18 months ago, well done got their finger on the pulse, Wasn't it URU that had lost track of all their large holders??? Seems to be a Zorbas thing. Leon's lack of TR1s and now Macquarie, where will it end???
Didn't they employ a canvassing company for the last EGM, how much did they waste on that when they didn't even find out Macquarie (a 3%+ holder) were no longer shareholders.
Seems the BoD can't even update the website with a shareholder list without being totally wrong....
No, Just it doesn't help much when trying to communicate in English....
Trout, I hope you aren't alluding that only being taught Welsh is a negative trait?
Almost seems like you are more than one poster Antofelli, sometimes you articulate, spell correctly and utilise correct grammar and other times you write like a three year old who has only been taught Welsh. Are you really so up and down when writing English???
If you read back you will see that I have always stated Jack isn't Hogan.
The big clue being Jack can spell.
However, your association with the Swansea swindler is unclear at this point.
Antofelli, what's your relationship to Leon Hogan? Can't be many sycophants left now. Are you beating a lone drum?
Have to agree with Antofelli. If you’re unhappy, sell up. If you want it to succeed as much as you say, put your money where your mouth is and buy enough shares to ensure you get what you want.
They valued it from forecast figures given to them by? Oh yes the BoD...
It seems they can't even remember what they paid their cronies for it, acquisition was at 5p a share not 4.45p, still the market has valued it and is now at half that.
Part of that valuation is because of the composition of the current board, if this changed then the vast majority of shareholders would support the board with future plans....
The £1.32m cost of purchasing Alerion, means it now makes up 25% of the current market cap....Who'd have thought the other parts of MRS were only worth 3 times a drone that is still not ready to do it's job....
Utter *******s, only words to describe this gobbledegook.
Seriously wonder who really wrote the report, anybody got enough clout to ask leadenhall, maybe a carefully worded email from one of the proposed directors would be good.
No point in trying to contact mrs they just don't even acknowledge emails.
The more I read the rns the more it comes over as complete fabrication.
Also mr brenton shareholder concerns were not just about the price but also about the people who received shares for absolutely nothing, and that's why the removal of the current bod will be ongoing.
So if as you say, you want to build a great business, resign and take your pals with you, and then let honest people build an even better business.
They cannot even agree on what price the paid, the new report says shares at 4.45p and yet we know that they were issued at 5p, the drop was due to how the market perceived the acquisition news and still does. We have to get rid of Zorbas and co.
Acquisition RNS,
"Management Resource Solutions Plc ("MRS"), a leading Maintenance, Fabrication, Civil and Earthworks company, is pleased to announce the acquisition of Alerion Consulting Ltd ("Alerion") from its founder Elliott Talbott and others for a consideration of GBP1,320,000 to be satisfied by the issue of 26.4 million ordinary shares of MRS at an agreed price of 5p per share, credited as fully paid (the "Consideration Shares")."
Today,
" The consideration for the acquisition was A$2.2m (valued at the market price at the time of 4.45p per ordinary share at an exchange rate of GBP1:A$1.85), satisfied by the issue of 26.4 million new ordinary shares."