Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Looking forward to fines Gunn and Barbie will have to pay into my pocket after their fraud against shareholders at listing and directly after, when they both together contrived to illegally regain majority control using a hidden prearranged plan, induced considerably losses to me.
Lenigas was also duped by these two. They are part of a certain countries network of highly dubious tax avoiding business people who follow no rules and seem to be fully supported by the ignorant numb skull medieval nits in whatever homeland they have.
AJ Bell dividend paid
Thanks all, dividend now showing in Halifax share dealing account.
Dividend has been credited by Jarvis last Friday
Link to the update is below
http://octagonalplc.com/wp-content/uploads/2017/09/Octagonal-Ltd-Shareholder-update-letter-2-12-21.pdf
Mine are in Lloyd's account. Previous dividends have taken up to 5 days to appear so I'll wait a while before chasing them up
No . My dividend has been payed directly into my ii account.
My shares are still sat in my Halifax share dealing account, no dividend paid thus far.
Is dividend only paid to those who swopped to privately held shares with old school certificate ?
Got my cheque for directly held shares this morning
Spoke to IR and my dividend is being paid out via cheque in post.
Share held in LLoyds. Will they process any divi ?
Dickies
appreciate the update.
Dividend will be welcome.
In mind to hang on to my shares for a while as i can see there's a money making business here which could attract a Far east interest, just have to try & forget the shenanigans that have previously occurred.
Cheers
Not going to post the whole thing as someone has done so already on advfn site l, but had letter from octagonal this morning on 6 month update:
Revs down to 3.5 from 4.8m
Operating profit down to 0.47 from 1.86m
Cash balance 7.11 up from 6.84
Decline down to stopping the services associated with sec investigation. Been working on ensuring no further compliance issues likely to arise. Undertaken some cost cutting measures to reduce operational overheads.
Figures include the legal costs relating to sec complaint. Further update to come on that separately.
Gis hk now making a profit 127k vs loss of 155k. Net cash here 613k
Synergis a pile of proverbial
***Dividend of 0.1p per share being paid on 17 December***
Matched bargaining - no update!
LOL, given what most of the small shareholders think of the BOD it is ironic that the auditors are based in ****fosters
What about the fraud at listing as described before. Nomad knew said nothing. Gunn and Barbie took back complete control of co after listing by deliberately cancelling the promised dividend and stagnating Share price so could pretend to buy out someone at cost who supposedly supported listing on own account . This was all arranged before hand because it happened do quickly after listing showing they always intended to have the option of screwing shareholders later with complete majority control. The listing was only I presume to get licenses or access to markets. It was not a growth co therefore to be promoted to prospective UK shareholders. All advisors knew this. All profits would be paid to the inner circle. All shares would be mopped up at ultra low prices. The promise of a growth company that might use its valuable banking licenses to grow investor funds and challenge banking sector was never going to happen.
I think Lenigas discovered this afterwards. These people if they are allowed a way to cheat take it with both hands. Barby must essentially be a director. He and Gunn act together but it was essential B looked like a shareholder so could buy back the arranged stake after listing.
I honestly don't know where these people come from....
"During the year..... The highest paid director received remuneration of £554,317 (2020 - £432,118)"
Nothing but Modern Day Outlaws
Nothing new for news hungry shareholders in accounts.
No divi (yet)
No share buyback?
£7.5m cash in bank.
Group account have been files with Companies House, unfortunately not available to view for 10 days
Fingers crossed that SEC is sorted that way they can get back to paying dividends
Would hope to see OCT full year accounts year ending 31st March 2021 published quite soon.
GIS UK had full year revenues of £8.5m with cash at hand of £6.2m.
GIS HK have been trading now for 12months plus so should see a fair amount of revenue generated if following the trends of Asian markets.
SEC payment/penalty seems to have been agreed in principle.
Big questions is will we see a dividend paid?
Will there be a share buyback/trades offered by the company?
27th October:
Order on Motion to Adjourn Conference Wed 10/27 1:52 PM
Letter Motion to Adjourn Conference.
The request is granted.
The conference is adjourned from November 4, 2021 to September 9, 2022 at 10:00 a.m.
So “off the hook” until Sept 2022
6 to 8 weeks until details of settlement apparently - a second merry Christmas in a row possibly
What happens to broken promises at listing and pre meditated plan by Gunn and Barby to stagnate Sp and take back majority holding straight after listing. Am having trouble with J people over at URA but don't want to get involved for obvious reasons. But need other J people to intervene and self regulate. Fast, faster than Weinstein's or Madoffs or Blankf. Is this possible?
Both sides have agreed to settle then.
Can see a large find for GIS & Mr Gunn, but SEC is not known to impose such harsh finds as to put said companies out of business.
On the plus side they can put it all behind them now & proceed with plans to let shareholders exit. ( Cash left in the company pot, withstanding.)
All will be revealed.
Cheers
CONSENT LETTER MOTION to Adjourn Conference in view of parties' agreement to the terms of a settlement in principle addressed to Judge Alvin K. Hellerstein from David Stoelting dated 10/26/2021. Document filed by Securities and Exchange Commission..(Stoelting, David)
Plaintiff
Securities and Exchange Commission
Represented By
David Stoelting