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Lioness - That's what I'm now wondering too. Fingers crossed for sure, though I have now written this off (mentally) as a 100% loss. Would be wonderful to get something back..
Super possible.Let’s hope we get back to trading again soon.
Seems like another kick in the teeth reminding us of why we invested (lost) money in this company?
WTAF is going on here - I thought all was lost but apparently, according to this mornings RNS we are still a “leading” company in the “development of Live Biotherapeutic products”.
Is there still a chance all is not lost?
GLA :)
It is the date of Sale or when the Company is declared Insolvent, struck off the Comapy House Register.
Date of suspension is no good.
Check with accountant as I beleive a Capital Loss can be set against a Capital Gain and even carried forward.
sorry, here https://www.gov.uk/guidance/negligible-value-agreements
it says:
"A list is not published for:
- unquoted companies
- companies formerly quoted on the Alternative Investment Market and PLUS Market
- non-UK companies"
DDDD was part of AIM, therefore won't be in this list anyways.
Don't you have to wait until this is promoted into HMRC's "negligible value" register in order to show loss (which can take years)?
Ha Ha Ha, DDDD even!!
Sorry Porky9, you can't claim anything until you crystallise a profit/loss. So you're stuck in limbo-land for now. The good news is there's still over 6 months to go in the current tax year so still plenty of time for VOG to go bust.
crl123- I agree with you , how can I join your group?
How do we join please send the link via email
Anyone know if i would be able to take the suspension date of 24th June and shares held at that time suspended if they can be treated as a total write off, loss against CG in the tax year?
Appreciate we might see 6p or zero pence or something other ultimately, that's if administrators don't take the balance in fees but that could take ages to settle.
If i treat as a total 100% loss now and it turns out later i got something back can i declare what i got back in the following tax year? Or am i only allowed to claim once the account settles?
Anyone experience of this?
I have put losses through before but that's when i have had a buy and sell date. In this situation its like being stuck in limbo land. Shares not sold just suspended and not likely to ever trade again.
What's the point? If it's a going concern then that'll tip it over into not being one. If it's not a going concern then there's no money, so you'll be going after bod directly, their assets are hardly likely to be worth enough to give us more than 1% of the latest valuation. However nobbling any future career as a director is no bad thing.
fairdealer, yes i agree . The SEC filings provided much of the info I used. Wrt other agencies. if /when we move to liquidation I will lodge a detailed complaint with the SEC and FCA expecting nothing from the UK but hoping the yanks hold the BOD to account. What I have not done is summarised the broken promises and misleading info wrt trials because I am relatively new and small shareholder here . So if anyone can evidence wrong doing there that would be great.
Taverham, well done on your enquiries.
I have been convinced for many weeks, there are/is evidence to support serious Maladministration. Some of this evidence maybe relatively easy to discover, there is also confidential documentation that DP and Co have not released. They may have disclosed to the Administrators, under duress.
Providing information to the Administrators is all very well but ultimately this matter will need to be referred to the SFO who have powers of entry and extraction of documents and tangible evidence, something the Administrator do not have as a tool. The Administrators basic concerns are to retrieve funds to satisfy Creditors, any Law breaking will be for other Agencies to investigate.
An action on the Corporate level, rather than Individuals, will drag on for possibly a year or 2. Meanwhile some shareholders will be hanging on to the hope there will be a distribution.
Fairdealer, I have trawled through conditions of the OF loan and the various rns statements released by the company and imv investors have a slam dunk case in that they have been misled by the directors in some of the rns statements. The info i have uncovered has gone via the shareholder action group to both Sharesoc and Interpath in a detailed and cross referenced piece. Clearly the outcome of the Admin process will dictate next steps.
Oofy, the BOD have not only allowed this to happen but have actively caused it to happen most likely because they found themselves in a tight financial corner and step by step went down the slippery slope from bulling up prospects of the company to withholding vital info and finally fraudulent misrepresentation imv.
Finally anyone who wants to join the shareholder action group should seek out CRL via his posts here or on Telegram.
What you things guys, any chance for positive denouement?
The fact that the suspension and administration dropped out of the blue shows how risky AIM can be. Perhaps Oliviera knew the reality but the BoD managed to hide it from others, including some professional investors. It is a pity that AIM can be riskier than crypto, and that management can get away with driving a company irresponsibly into the ground. Perhaps Duncan was only interested in tinkering in his laboratory and cared nothing for the shareholders that he deceived into sponsoring his hobby.
Yeah, I found the proof written on some toilet roll stuffed into a pack of meds, must have been from a whistleblower. But it rained and disintegrated, so I've no proof. Guess that means it's even stronger proof.
Wouldn’t surprise me.
I guess the suspension is part of big pharma?
Sorry, I see you are suspended. I suspect big pharma waded in with all their lobbying power.
I’m tempted to buy after watching this video https://youtu.be/Aw16LPVnNco. (ESP, about 14 minutes in where they talk about gut health being supremely important.)
However, I just feel that in Big Pharma’s view, a patient cured is a customer lost. I’m sure that the world’s elites have very healthy guts.
Apologies for the typos - I’m typing off my phone!!!