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Only 99.9??? I think you are being overly optimistic there.
Admin called in so it's zilch for share holders.
Prepack as I suggested.
There companies and CEOs need investigating.
AiM is definitely getting worse
Entirely agree
Truth
Well even its 100% certain why we should not press for answers.
Since first suspension or bit before that when was anonced interested party wants the 80% of AMTE all actions and all parties involved including BOD after that should be scrutinised.Too many shadows .
.
FRP are pretty good operators but you will recall their main aim is to get the best deal for creditors-and there are plenty here.
Equity is at the bottom of the pile
What a waste of a blubber!
Im afraid its 99.9pc certain the shareholders will get nothing.Appalling as I’ve been there myself.Best thing to do is avoid wasting energy and find something a bit more productive
FRP has a better reputation than WH by a couple of miles. They seem to work for the government anti fraud like FCA etc. I think they must have learned loads from the Britishvolt experience. Hopefully.
https://www.legal500.com/suppliers/frp-advisory/
Jcool
It might be worth querying FRP about that. However I wouldn't expect much from them apart from cute sound bites and empty assurances.
FRP now has hold of axe!
I hate the autospell check. Anyway if Pinnacle would have acquired it, it won't acquire it for the old BOD staying as parasites. They should acquire it for DGI directors and together bring this to the middle east. This is what I hope for takeover. But you know there but a few good people these days. But such controversy will put shariah compliance into question.
Notwithstanding the appointment of administrators, the Company is in advanced negotiations with a third party regarding the potential sale of the Company's business and assets.
We understand that you may work for interested party in this saga but we genuie shareholders backed amte for its resurch and development and some interesting chemistry as you said .Can you put value on them things?Unpolished diamond AMTE is however so many try to convince us it only cost as much as piece of broken glass .
Anyone interested can express his political views on LBC chat or similar.
Good weekend to all genuie shareholders that lost hard earned money .
Prepack should be that conditions defined before the new nomad has offered it for sale. Hence we should have been entitled to see the provisions they're agreeing on. It would seem like as in the case of Britishvolt that shareholders have to vote to approve of which I don't know if they had a majority. Unfortunately corrupt people are everywhere but the ruthless ones were all those involved in the recent plague academic. If DGI should possess us, it their directors have good track records.
Who
Anything is possible. Some of us have contacted FRP, for whatever good it will do, for they'll be limited as to what they can say.
If its a pre-pack, the sale has already been agreed. So we will know first thing next week
'This message has been filtered, please adjust your filters to view'
Sideline nonce still has taken his/her meds and continues to talk to his/herself as a consequence
How sad
Jcool
It's just the way of the road these days. Look at the Tata Steel heist. 500m of tax payers money stolen and thousands of jobs lost. AMTE is just a drop in the ocean. Tories and their BREXIT disaster have let the flood gates open for the vultures to rob and strip the UK of its assets.
Ironically it's so called 'Patriots' who vote for this shxt show !
Anyhow, let's see what next week brings, fingers crossed
Jcool
Are we shareholders completely done here ?
Slim chance of something ?
Note again ‘sale of business and assets’ in RNS-not sale of the company.Torched.
Having seen the revised plan I’m not surprised it’s come to this-which is why I have repeatedly called it out.The directors, tucked away in the far north of Scotland, really had no idea about the markets they were planning to ‘exploit’
This was a company with some interesting but not commercialised IP-that’s about it
As for your foul language, I’m sure your mother wouldn’t approve of it or losing all your pocket money
Imagine the press this creates if the rescuing entity should do it in a very unfair and shameless way. Unfortunately the only law I know is Torah but then sodium is an upcoming star and they won't want to destroy opportunity if they think they can make something profitable out of this.
Sale of directors .NOT EVEN SCRAP VALUE.
WHY OH WHY DIDNT I SEE THAT THEY NEVER OWNED ANY SHARES OF FINANCIAL SIGNIFCANCE,???????????????
Hope other investors are taking it better than me.
The green filtered STILL persist THANK GOD I CANT SEE THE SPECIMUMS RANTINGS.
These morons need very long sentences in BELMARSH. I am totally disgusted at the antics of the cretins. I sincerely hope they are all bankrupted .Battery production is dead and buried. As for the gloaters on DGI sell quickly an escape.
LONG LIVE V 12S AND V8s .(turbos even better)
Sunakskyi still squanders billions on the Kiev warmongering beggar and the filth and scum from calais. Really wouldnt want to be welsh at port talbot.
finally the scotch muslim jock can let amte go to the wall. Just astounding.
Resignation of NOMAD is standard procedure as the Admin takes over all roles etc
By an outright disregard of shareholders, prepacked conditions should have been published as a requirement. But I don't think that was the intention of the new joint administrator even it claimed that the company still functions and intends continuity. They had to fire out WH hence they had to write this RNS and put out that someone has assumed that role as without such shares would be cancelled in AIM after a month.
It’s a pre pack.I said after the last RNS to look at the wording of ‘interest in business and assets of the company’ Note it did not say ‘interest in the company’
Subtle but relevant-I reckon the IP and that’s it.Rest torched.
It is possible that they did file for an extension and it was rejected thus forced into admin
All shall be revealed next week
Yeah, as new company, minus the debt and us share holders. It's a pre-pack/already done n dusted, they need to go admin to conclude the deal, otherwise they would of extended to avoid admin