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According to a Twitter post I saw all you need to do is “Join the dev / veative telegram group. You’ll be more informed on current ongoings!”
Most ridiculous thing I’ve heard!
I believe the asset match date has been moved to 5th April...the talk of raising money is at 7p ish again this may or may not have been successfully executed.
There is/was an email ad set up for Veative investors but don't know how active it is.
There was a mention at the last presentation of doing them every quarter for investors...hot air or the truth though..?ATB that's all I know, anyone else got anything as we're all still in the dark..mushrooms.
You won’t! They have no intention! Criminals the lot of them!
I've heard nothing from them despite the suggestion that they needed imminent funding back in January
My Veative share certificate arrived this morning. Neville registrar
Communication he’s been poor from Veative. All huff and no puff. Nothing for investors on their website, not even an investors section from what I can see. This takeover was a stitch up from the start. In hindsight should have known Dev was massively over valued when our illustrious Ex CEO was happy to sell shares at 8p. Very shrewd move as they’ll be worth a fraction of that!
Veative have known for at least 6-8 months they were never going to get the prospectus over the line and yet still no funding!
No faith in Veative….they’ve given absolutely no indication they can improve anything! Our investment has gone…I’m sorry to say…but it is!
Thanks @harv99
Takes a bit of pressure off with this missing share certificate. Their original plan was for quarterly listings on Asset Match. Hopefully they'll get funded and listed at some point.
I don't suppose anyone on here has the slightest sniff of any news regarding funding...?
@randy. There is no trading for Veative (Dev) at the moment on assetmatch even though they list it on their site. Apparently they are waiting for Veative to sort out funding which might take a while (and dilute existing sharesholders considerably).
Send your certificate off with a transfer form
I am going to take my chances with Asset Match. I have cash tied up in this that I could really use right now. At least when it was on the stock market I could dip in and use the money and then buy back later. This has been tied up for too long now.
What I find odd, and unnerving, is this whole thing of a certificate. Is it literally just a piece of paper? I am still waiting for mine from HSBC. It's been weeks now. I also have some in HL, but at least I can see them in the app.
I looked at a CREST transfer form (I was reading about setting up an account with X-O). Do you literally just post the certificate with a signed form? What if it gets lost in the post?
I think you either hold as they are and hope at some point they become worth something, in which case you can transfer to certificates and trade the shares through Asset match. If you trade via Asset Match when that facility becomes available, the consensus seems to be that you will get very little for the shares. I transferred mine to certificates in the hope that one day they may be worth something and I can use Asset Match to dispose of them, or Veative shares become tradeable.
Hi
I’m looking to get an understanding of the situation here. I have shares with Halifax which have been frozen as per the delisting. What I am trying to figure out is the pro’s and cons to Asset Match and if I didn’t want to go ahead with this, what options do I have? Appreciate any help
****s knows what's happening the joys of a delisted company
Is the auction going ahead ?
If so what reserves are being placed on the shares
I've just spoken to HSBC (Invest Direct) who have said they are waiting to hear back from the registrar about my share certificate. It has weeks. Has anyone got any idea how long these things normally take? Hopefully I will have it all it time to get it registered for the Asset Match thing - assuming that goes ahead.
I still need to set up Asset Match, and I see there are a couple of links posted below - Share Deal and X-O. Hopefully these don't take too long to sort out as well. Has anyone done it already?
I don't think you need to transfer them to a certificate yet as at the moment you cannot sell them. Once asset match start auctions in Dev and you want to sell then you should move them to a certificate and register with one of the brokers that deal on asset match. As others have posted on here, I don't think Dev shares will be worth much.
That, my friend, is the million dollar question!! I think Dev (Without Veative) would be lucky to be worth 10% or 3p now…….hold and see or sell, stick or twist! Million dollar question.
Wonder if anyone can point me best way forward I have my shares with swissquote what is the best thing to do get a share certificate (is that possible) and just hang on and see what happens?
Keep your expectations low….and then lower them a bit more. Dev was reasonable at communicating with shareholders pre suspension. As soon as Veative got involved it all went south. They’re no longer bound by regulations….so hope for the best or maybe just hope for something at some point but expect the worst! Better for your sanity that way!
I registered my interest to participate in the future funding in late Jan and was told by Feilim they would provide further info the following week. I've heard nothing to date.
Any news on the funding and when we will be able to sell our shares ?
Yes I have mentally written off my remaining DEV holding but still interested in seeing what prices Assetmatch will fetch. I don't expect it to be much if anything at all.
Should you wish to trade with Asset match you will need to open one of the below accounts:
The first product is called Share Deal active where you will be able to either apply for an ISA or Nominee account. This account offers an online and telephone service. The commission for this account is £9.50 per trade. There is a cash withdrawal fee of £15+Vat and an account closure fee of £50 + Vat.
SDA: https://www.sharedealactive.co.uk
The second account is an X-O account where you will be able to either apply for an ISA or Nominee account. Both accounts offer an online only service. The commission on this account is £5.95 per trade. There is no cash withdrawal fee or closure fee.
X-O: https://www.x-o.co.uk/
Once your account has been opened you will need to deposit the shares on to the account, you will need to fill out a crest transfer form to deposit them.
All irrelevant as they’ll be worth ******* all anyway in 12, 24, 36 or 48 months time, same as they are now. Tiz what it is….but still fuming with Jeffries who seems to have disappeared off the face of the earth, with his millions! I dare him to address parliament again, he’ll be torn to shreds.