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The cancellation will be voted for on the 25th as ERD are owed �20+m they own 67% of the shares and voting ?? Beware Beware.
400% rise?!! Could have had a punt this morning and made a couple of hundred and cash out before the Costa coffee had cooled!! But like AIQ MM manipulating the spread...
this Thursday a "Proposed Cancellation of Admission of Ordinary Shares to trading on AIM"
100 shares supposedly bought at 0.29p but nothing paid?
No RNS , i guess another trap like AIQ
What is going on here? Someone care to enlighten?
New Ordinary Shares on a non pre-emptive basis. http://www.pre-emptiongroup.org.uk/ Any thought on the wording...... non pre-emptive basis?
The main shareholder of the Company is Engel General Developers Ltd. (incorporated in Israel), which owns, 68.35% of the Company�s shares.
less than 100m Shares in Issue!! and 67% of them I think owned by the Big Man
before the STAR die ?
and by the way I dont hold one share in KBE anymore, but that said I will never say never again!!
sorry typing error, first "sells" should read if the SHARES are now worthless
Interesting that there were still some buys after the announcement. Perhaps people were complete idiots but if the sells are now worthless, why would anyone do that? And why no more sells now? Good questions about the debt . There's not much to lose by holding now anyway.
so in a nutshell if Im on the right track (which maybe a long shot in many eyes) http://www.elenilto.com/ will be the reverse IPO.
question I ask is, why would Jacob not want to use the monies owed as a write off 1st? As he holds all the cards with his 68% holding, smell a rat as he not the sort of person who would not IMO use the loss against tax. DYOR and lest me know your thoughts?
out for any big buys as the dept could still be transferd and used as a write off by cancel the admission of the company's shares trading on AIM in order to complete the reverse takeover.
Should of been delisted ages ago This was well hyped last year at a rise when it was 2p (people saying the fortune was to be made) i said it was dead then - i got ridiculed sorry for anyone to lose money here
?
£155 worth of sells and the share price is 20% down
one thing I am certain of is that he is a very in-experienced trader. You have to be naeve to buy a share with such a massive spread.
i really feel sorry for the PI to be honest, hope hes ok, �4k loss is a lot
never learn their lesson .....buy the junk ................strong sell
Silly silly man
Ouch