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Nearly 2 years since delisting .
Holders have many thousands in cash stupidly invested ,although we thought not at the time .
3 I think updates in that time maybe 4 , now we have total radio silence.
If there's no rto / deal happening just announce it as most here have surely written off their investment anyhow
Delayed , I would just like confirmation that any RTO is happening.
What a way to treat investors .
Hi ALL.
The latest on any update is said to be from the 1st of the second quarter 2023 .
Although the share are not on AIM at this time they are still alive, what ever the avenues they are looking at time will have to tell. this information is lifted from company update 9/2022.
There is also some information in the chairman's statement overview. right hand side of page annual reports and financial statements . so we wait, i did say that the rto may be delayed because of market conditions.
There’s no evidence it’s a fraud at this stage. It’s gone badly yes and comms are cr@p as with most SPACs but things are still going on in the background I’m sure. It’s taking far too long for shareholders who were looking for returns by now and I fear another year or so now before any RTO but hopefully an update is on its way to give some clarity.
I think we all need to write to SFO and report this as a fraud !
I asked JP Jenkins why they have a company on their books that WILL NOT communicate with shareholders and cannot be contacted by any other means other than postally -- which they also dont respond to.
Phone switched off.
Have we been robbed
I suggest we all give Robert Thesiger a call and ask him for an update!!
Posting his answers here would be appreciated.
Disgraceful coms here. Totally Disgraceful
Im guessing the CLN will have been deferred otherwise we would have heard something, not that they have to let us know
A main listed shell is probably worth around £2 - 3m? Looking at FPP, which switched to a new RTO target of Hi Group. Always frustrating when you see that particular reorganistion might have a turn around time of around three months, in coming back to the market.
No. Sense people getting increasingly p!ssed off with RT
Farcical situation here . If no meaningful progress pay the cash back even at a loss .
Thanks.
Download the app..type rdgc and it'll come up..394 members...but admin will probably ban you straight away...
Is there a link to the Telegram Group?
Is there any information on the telegram group about what they have decided with regards to the CLN.
Some kind of update due .
Expecting jam tomorrow, hugely unlikely rto has commenced yet .
Just a gut feeling as if there was decent news I think they'd have said .
Really feels like a write.off here
I hope we get some information prior to the 31st of March or a day after...I just hope they get the RTO started then we can have a breather. I'd hate there to be another spanner in the works. I think we have had quite enough of that...They need to get this going...it's been a long time coming to say the least
I think wait until the 2 year anniversary of suspension arrives. I think it's June/ July
If the investment money (our money) evaporates in to thin air then we are 100% dealing with criminal activity.
Last time i checked the company had cash assets, the fact there has been no frequent comms in terms of updates is highly frustrating.
If there is an action group sign me up, we need answers here on what is going on.
You me and i suspect a few other are invested for what were all the right reasons.
I'm not at all happy if this is not the case and we are mugged off.
We are entitled to form an action group to assist the management to come clean.
I don't expect to chase down the people holding the folding.
Also
The board of Ridgecrest (excluding Robert Thesiger) has, in light of Fast2Fibre's current funding situation, decided to take no action in relation to the September CLN until 31 March 2023.
Surely we will hear something of relevance
I have to agree .
Hoping we hear something positive but totally expecting the worst .
I'm just hopeful they haven't wasted more funds as there was a OK cash balance which could have been used for something else .
What I'm not sure of, but it was there at least .
Fast2Fibre is currently seeking to close an equity fundraising of at least £2.0 million. Fast2Fibre is actively engaged with two investors and hopes to receive funds shortly. Should funds not be received in the near term the board of Fast2Fibre may need to take steps to protect the interests of Fast2Fibre's creditors (
This was 1st Feb
How long near term ??
Personally I am concerned. The fast2fibre website is out of date and their last piece of news was 09/07/2020 so while I have £25k invested here I am feeling it’s a dead duck.