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trellis >>> "PS- lets look at it the other way- if your pensions/share advisor had come to you talking about guaranteed 4 figures and golden tickets backed by the CEO of that listed company and a supposedly respected market commentator in Malcy- what would you have said?"
A pension adviser -- other than a crooked one -- would never do such a thing. I will bet you there is not one single investor who has lost life-changing money here who did it on the advice of a reputable advisor.
>>> "you, as an experienced investor have chosen to take a big position in Sound( which without divulging details I can confirm); How about an inexperienced investor trusting the company to look after your pension for not just you but also your family How would you feel at the moment? perhaps they cant even look in the mirror because they have had to have pawned it?"
I wouldn't call myself an experienced investor. But I had the good sense to use only money I could afford to lose. I worked thirty years to build up a cash pile. Betting it all on SOU would have been bat**** insane. As it is, I've averaged down using money which leaves me at the outer limits of what I can afford to lose. I can empathise with those who pushed the boat out too far, but at the same time they have to look at their own motivations.
Pont- will do. how about giving me a ring on mobile preferably or land line?
What a strange comment..
Just spoke to Matthew Coakes at RBC the joint brokers - not aware of what is going on just deals withe ex CFO - i said JJ - yes - he didn't now he was still CFO but" he's coming in to see me next week to talk about life, the universe and everything " I thanked him for his time.
Trellis - Just rang Cenkos - Bazirov on vacation but Ben Jeynes back from Paternity leave - in the building but not available - Can you forward your e mails to him ?
Can i have 5 million free shares because like Brian I've added no value to the company (apart from me investing a large capital sum) ! You wait for the Parsons RNS !! Go Trellis and SAG !
SAG have asked Mr Fumagalli to elaborate on the severance packages of Mr Parsons and Mr Traynor. We do not expect a reply, but have copied in not just FCA but also AIM regulators and NOMAD
SAG now 208 members 5.5%.we seem to be getting more popular around the world despite the negativity. Tombi- Marco divested shares to investors before for free""""" no reason it could not happen again
not sure if possible to do that , but sound have no quibbles about making themselves a few quid
just thinking about ,why we did not get a tr1 on the new shares ,is it possible (sorry if it has been mentioned) that one of the major holders brought the shares and then sold that amount before hand so they still have the same percentage ,
they made some money selling around 3p and then getting the new ones at the 2p , one theory why no tr1 , just having thoughts ,,, gla
If they are all confident of the deal going through why can’t they all take shares instead of cash? Before they leave.
im sure mr parsons will have a plan to get more free shares somewhere , unless no point
does this mean brian will have more shares in sound than mr parsons , ,,, that is funny considering what went before
it's not difficult.
if he either knows there is a deal or there is not a deal he can't sell!
no doubt brian will wait till after deal struck to get the best price , so we should not expect him to sell before then .
as the tax year not till april ,so lets see / might be a clue if he does sell before news ...
I have had my first ever reply from Cenko and Mr Basirov our NOMAD- alas it is an out of office automated response- at least it proves he has received all of the previous e mails even if he has chosen to ignore them
As a majority of SAG members approved I have now approached the regulators of AIM. If any SAG members have not received a copy of the e mail please e mail Richard.email@example.com Anyone who wishes to join the same e mail. I will be forwarding all e mails to the AIM regulators that I have sent to the Sound BoD and to the FCA. I will forward any replies.
KTF- regardless of the inadvisability of the investments you yourself made a very telling comment "
you may be right that there have been illegal actions" SAG will pursue those possibilities for the benefit not just of the 198 but on behalf of all Shareholders
KTF - instead of, "many, many multiples" we got, "many, many headaches / heartaches."
Instead of, "financial legacies for you and your family", I get to come out of a 6 year retirement having to work again when I should be sat out in Fiji sipping from a fresh coconut. Some LE that was, eh? What a joke!
If the gas oven was from Sound you'd be fine KTF
KTF - I wish you would put your head in the oven. It might give you a bit more personality
25 minutes at gas mark 6 should do the trick.
no company 'looks after your pension'.
I do feel sorry for anyone who has lost big but seriously what goes through someone's head to come up with the decision to invest (gamble) life changing amounts of money on an aim listed gas explorer? ANY gas explorer?
irrespective of why it went wrong it was a crazy thoing to do.
even if it had worked it would still have been a crazy thing to do.
it's the same as mortgaging your house and flying to vegas to put it all on black!
people won't like to hear this but it's down to greed, simple as that.
big wins come at big risk.
if I get hit by a drunk driver whilst laying in the road, sure the drunk driver bears some blame, but so do I, I shouldn't have been lying in the road in the first place. the fact that someone said it was a good idea doesn't absolve me of blame.
as my Mum used to say, if they told you to put your head in the oven, would you!
KTF- correct and very droll
How about -"an inexperienced investor trusting the company to look after your pension for not just you but also your family How would you feel at the moment?"
N4APound has asked me to post the following as an alternate take of JP's Regency pitch:
"History is written by the victors.
And we are here, collectively to create a financial legacy for our families. A legacy for the countries in which we operate. And to make history.
We believe the opportunities presented in the natural resources market are worth £billions and here at regency we have a world class team poised to take advantage of the latest technology available to us in a deal that has been made with the leading subsurface companies around the world.
For 95% of our license areas I have made a deal with Looks Great on the Surface Plc to undertake world class evaluation of the ground using latest technology – they will deploy 40 trucks in convoy, that will decimate the earth, we will use divine rods and copper pots of water with magnets and rain dance techniques to determine where next we will not find any lithium, or cadmium or anything that is worth something, and we will leave no stone unturned to find all non-commercial areas within our asset base.
This technique of adding value, may involve a few cash raises from share issues – but these will be relatively small as time progresses and we will make sure you never find out who snaps up the shares purely because we do not want our investor base to get distracted from how great our technique of adding value is.
Prime example of success is sound energy – we took something on the brink of extinction, hyped it to high heavens to get all manner of people behind us with wads of cash and then got them to ‘invest’.
Several years and share issues later, not to mention many many multiples of bank balances achieved, we created an asset that was ripe for a buyer at a bargain basement price with huge upside potential. A couple of deep dives later we determined where the buyer should not carry out any activities thus making it hugely efficient for them to monetise the asset at a price that makes the future dividend payout ratios incredibly appealing to investors old and new.
We will do the same thing at regency mines and are just waiting for our new cornerstone investor to free their funds from sound energy, at huge profit, to reinvest here at regency. Exciting times ahead.
If a CEO of a company said such things if I would recommend they look for a new CEO - oh hang on a sec ! They are !!