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JT14 Have you ever watched 12 Angry Men? The classic 50s version? I thoroughly recommend it. You are beginning to remind me of the character LJ Cobb played. Stubborn till the end, which clouded his judgement, and outed for his bias and prejudice in front of all the others. Everyone here has a view and its respected within its limits and argued, but you seem to be on your own now. Neilin I have not agred most of the time but they brought up a valid argument yesterday which I had to acknowledge and a possible.
JT14
Deramping? Tr y reading my post again
hahaha what is this, Rise of the De-rampers!? Neo, Neilin, my brethren, we march!
Neon. Good to hear from you. I've been reading your back catalogue and you do appear to have flagged up a few red flags throughout the process. Perhaps i should have paid a little more attention. You say that in the event an rto doesn't happen antos will still have out more than he put in - how is that?
I don't sense mischief - just wonder if the length of time is due to a factor that hasn't been factored in. What that is we don't know but I'm sure seeing live data on a number of occasions isn't by chance. I believe that's the point of submission and for whatever reason, they've not been happy with something.
Neo
You have stated on here in June that you sold your holding, whilst I find your postings interesting and certainly entertaining I think you are going to cause some concern for holders who are already having doubts about the outcome, RTO or de-list. Not sure of your motive and you cannot influence a share price movement so I do not understand your intentions here.
I still think a RTO is on the cards but the intended target may have proved to be elusive for whatever reason, BOD still have several weeks to get this over the line.
Do you really think he would have taken this long to complete the rto if that is what he bought his stake for?
What mischief do you sense?
Do you really think the international financier would have bought such a large stake, then participated in the open offer and finally bought the RTO only warrants from Peterhouse, just to buy a failed LED technology company?
I sense some mischief afoot
Imagine a board in control of a dying company and its last ditch plan is to turn it into a cash shell and complete an rto. While in the process an international financier starts building a stake in the company (with objectives that don’t meet the companies) sparking rumours and speculation about an rto involving a gold mine.
It wouldn’t take much imagination to strike a deal that gave the financier what they wanted, while feeding the speculation. This would enable the company to raise more funds from the speculators anticipating the gold mine rto.
It was never disclosed the terms behind how he got them off PH.
I had remembered but I can't recall exactly what AG paid for the warrants?
Nice reminder Chriszzr....i wonder how many remember.....
We must Rto before he can cash in his warrants.
May I remind people of the following RNS from June 2019
21 June 2019
Bould Opportunities PLC
("Bould" or the "Company")
Update
"The Company today announces that further to the approval of shareholders at the General Meeting on 21 May 2019, the disposal of PhotonStar Technology Ltd to Mr Antos Glogowski, a substantial shareholder in the Company (the "Disposal"), has now completed. Details of the Disposal were announced on 1 May 2019.
On 22 May 2019, the Company announced that it had issued warrants to subscribe for new Ordinary Shares equal to 3 per cent. of the Enlarged Share Capital of the Company from time to time, exercisable at £0.0001 for up to 3 years from the date of issue (the "Warrants"). The Warrants were issued in consideration of fees owed relating to advisory and fund-raising services rendered to the Company during the last quarter of 2018 and the first quarter of 2019 and which have largely not been paid for in an effort to conserve the cash available to the Company.
As a result of further negotiations, the Company now announces that it has entered into a deed of amendment relating to the Warrants. It is now agreed that Warrants shall entitle the warrant holder to subscribe for 3 per cent. of the Company's share capital, as enlarged by any further issues of Ordinary Shares only up to the date of admission of the Company's shares to trading on AIM or any other EU Recognised Investment Exchange, following completion of a Reverse Takeover of the Company.
The Company has been informed that the Warrants have been subsequently purchased by Mr Antos Glogowski."
So Mr Glogowski can only exercise the warrants following a RTO, it is certainly in his financial interest for this to succeed.
If he had merely wanted to obtain Photonstar Technology Ltd I would have thought it would have been a lot cheaper to wait a while and deal with the administrator/liquidator
Also think we had the tax losses discussion many month ago along with the LED patents etc