The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Bring says, just close your eyes and everything will be all right. Has he ever been wrong?
I think that sums it up quite well. Hard to believe that it all happened by chance, just bad luck. Including not getting a new Nomad in time.
My other one has got bells on it. Give it a pull. Lol.
Cheers 3card.
Exactly. How can the slippery old sausage be trusted to represent shareholders' interests with any new venture, after what he's done already.
Holy cow!
re "Is it possible that he wants to actually reverse the damage inflicted on BMR interests by fxxxing up Kabwe."
Could it be our dear leader has mutated into a philanthropist? Naaahhh
Let's face it he appears to have engineered a de-listing so he could do a dodgy deal without asking us. Now he is going to use our remaining cash to do another deal without asking us. Then when he's got what he wants, he may or may not re-list us. Who the fcuk knows?
Crikey mate. Those poor people at BZM got nobbled good and proper. I feel for them, but at least it's over and done with. Our situation in BMR is more one of a lingering uncertainty, not quite a final death scene, more a gradual skin peel until we are eventually left with hoping alone, that somehow we can be regenerated before it's too late.
We do have cash, but unfortunately Bring, Bozmeister is the one watching over it. Now that we aren't listed on a stock market, he isn't subject to, for example, those AIM rule triggers for mandatory shareholder voting; so he can chase whichever deals he wishes, without having to include us and gain our approval or otherwise for such actions. As he did, purposefully, in my opinion, with the derisory JLP deal. He just fookin' did it!
I don't feel we can trust him to do anything in our interests. He's a man who apparently takes the easy option, not the best one. As long as he collects his wages and can make deals, it matters not if those deals may potentially ruin lives. Lol.
Not funny really. He won't resign, so we'll have to hope that he upsets the Flying Squad over the Christmas period.
:-)
I'm sure a lot of investors have lost trust in him, but we'll just have to wait and see what kind of deals he pulls off and what the situation is like after we list back to market. You never know, it could work out well in the end.
We have some concerns surrounding the Royalty but BMR Watch are addressing the issue. We are aiming to get further clarity which will provide assurances for shareholders.
Can we trust Bozza to deliver though? In common with quite a few other AIM CEOs he appears to have little concern in steering the business in the right direction. After his constant and flagrant mismanagement he really should have been booted out a long time ago.
It could be much worse... Take a look at Bellzone Mining - BZM. They've just gone into administration after being suspended for 10 days. The company is headed up by our very own Antony Gardner-Hillman and their broker was WHI...
On the flip side we have a decent amount in the bank, over £1m worth of JLP shares, good prospects of coming back to market early 2019, and a Royalty that could be worth £5m+ per year, once in full swing.
Howl.
I would set a weasel trap to ensnare him and his ill-fitting weave, but he'd probably spot the trap, dismantle it and give it away to his mates for fook all.
As he apparently does. Lol.
Value for shareholders will out only when he spontaneously combusts, which will be followed immediately by a Ryder Cup style golf roar from the grateful crowd.
Yay!
Hi ED, good to see you're still around. I don't look in here too much as after reading of Bozzer's shareholder value enhancing japes, I find myself googling weasel traps and filleting knives. He's probably a psychopath and he's bringing out the latent sadist in me! Seriously I don't know how anyone can get away with so blatantly failing in their fiduciary duties to protect shareholder value. I hope karma catches up with him big time.
Botticelli has held more appointments than an Amsterdam hooker. 3card, aye, if he fooks another company up, he'll quit and sniff out another shell where he can get paid for fooking that one up. If it happens not to be a shell, has tangible assets like those of BMR, he'll soon turn it into a nice little shell and give shareholders the shaft.
Alarm bells rung when he was ready to take those shareholders in MTR to the cleaners, with our derisory buyout bid. In terms of purely doing business, the man is a danger to anyone who has the misfortune to come into contact with him. He is inept, cannot be trusted, and I hope he gets nailed by the Sweeney.
Klue, I was over 93% down before we got booted off AIM. If we do ever relist and the curly-topped fooker needs to dilute again, I may as well kiss it all goodbye mate.
He doesn't have the decency to resign, so I'm doing a spot of praying, you know, for his comeuppance.
Cheers guys.
Don't think it bares thinking about. He has said anyone who invested during MA era should just write-off that investment off in total (if you haven't already) I reckon he would be happy with his money back. Got to think once he starts the dilution and capital raising our holdings are going to look worse and worse and if what is being relayed to shareholders is to be believed our one potential asset (royalty) is going to be sold off to fund a new pump & dump venture that we won't know anything about until he has decided what's in our interests.
Presume you mean 90% down on the pre-suspension SP. I wonder what our SP wou;d be now if we were still listed. Maybe 0.5p if we're lucky?
Aye, can't wait, nothing more exciting than being in co. start up, already down at least 90% on your original investment knowing its likely the person who is acting in our interests is probably going to dilute all our pitiful investments further.
What's not to like?
Trouble for us is that it doesn't matter to Borrelli ih he fcuks up with BMR as he's got several other directorships to fall back on.
Mind you when you read this from Companycheck, it sort of puts his talents into perspective.
"Mr Michael Alexander Borrelli holds 9 appointments at 9 active companies, has resigned from 23 companies and held 11 appointments at 11 dissolved companies. MICHAEL began their first appointment at the age of 34. Their longest current appointment spans 12 years, 7 months and 0 days at BORRELLI CAPITAL LIMITED
The combined cash at bank value for all businesses where MICHAEL holds a current appointment equals £1.2m, a combined total current assets value of £4.9m with a total current liabilities of £9m and a total current net worth of £54m. Roles associated with Mr Michael Alexander Borrelli within the recorded businesses include: Director, Company Secretary, Llp Designated Member"
Cheers 3card
kabwe is tho.
He may need it for the next Kabwe-style super asset.
That he can then give away for close to nothing.
Meanwhile, the wages just keep on a rollin'.
Borrelli always manages to get the least he can for any asset so wouldn’t be surprised if he has decided that this is our(his) best opportunity to make a quick buck.
Fook-a-doodle-do!
Why have you posted that? BMR isn't mentioned.
Now a huge sale of 44m JLP shares pops up after hours. That's 3.3% of the entire company in one go.
Is it BMR?
He needs a few bob for a shampoo and set, so a few hundred thousand quid should just about cover it.
Good luck to you too.
Pmsl.
:-)