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I believe the potential is recognised
Confidence is probably quite low with it, but it has proved it works It was still being operated in the last year end account.
Sorted will be the focus I have no doubt, for how is it will cost very little to keep verify going, ready make for the right opportunity, Hughes & co plan was acquisitions of struggling Tec companies, so this won’t end with sorted, I doubt they wii be more.
Remember blisgate verify2 bit like a Rocky movie
I always believed in verify because it works and I think certain people know that, just needs to be marketed the right way, from a power position.
I wonder whether there is any scope for LSAI's legacy business or what remains of it to be incorporated in the grand restructuring plan or will it quietly just be shelved.
I guess the statement from Carmen Carey CEO of Sorted in a RNS from Location Sciences is a giveaway
Was just a little tickle that's its about to happen, maybe next week, seen this type of RNS many times just before main news hits
So many returns
Expanding the customer base and increasing shipment volumes with our existing customers.
Probably boohoo just in time for Christmas
When it relists they likely will do a share reorganisation at the same time to reduce the number of shares in issue and it’ll list at a higher price.
As long as the relist price is effectively 0.2p or above I’m happy. I can’t see them doing it for any less at all, the question remains will it be a premium to the concert parties entry? Considering they’ve waited for 2 years there’s a chance it may be, time will tell!
How do all these companies that don’t make a profit and alway looking for funding end up having SP in the pounds
Reads like it definitely happening now no chance of it going south, time to relax and dream about the share price will be this time next year and how it will get there, I need .60 to breakeven, it anyone guess is there anything to compare it with?
Let have a bit of fun now we know its going to happen 10p will do me
Pleased, significant, and progress.
Hope this flys!
All sounds like it’s progressing nicely. Looking forward to hearing details of the deal structure, price and who has taken part in any potential raise
Yes, shouldn’t be long now before we hear of the deal terms for LSAI holders.
No not as of yet, I’m checking daily haha!
The final bits of the puzzle just seem to be falling into place.
Have Sorted published their results?
Founder and CEO David Grimes resigned yesterday 4th October from Sorted, changes happening, out with the old, next will be in with the new
If we may get sorted account two tomorrow with the deal then end suspension Monday morning with new share price.
Doesn’t really matter does it, obviously a reason behind it. Reckon Sorted results will be out within the next week or so and then we may hear on what terms the deal is being proposed to be done.
Why?
The accounting reference period ending 30/09/2022 is shortened so as at to end on 29/09/2022
Subsequent periods will end on the same day and month in future years
Getting very close now, first LSAI major shareholders list updated on their website, now Sorted holdings confirmation statement published on companies house.
No they were holders before suspension.
What it does confirm though is the 75m share sell that went through after suspension from cantors is unrelated to the concert party, which is obviously good.
If this comes back with no further funding or placing to retail, but is all done and kept with insiders, ie board of directors, Major shareholders, sorted Management/shareholders etc and maybe all warrants exercised at 0.2p, this could really fly on relist as the free float of shares available to retail would remain unchanged, meaning it’ll be just as illiquid as the day it suspended
Hopefully soon..... Been a looong hold here!
Well spotted, Interesting have they just bought in or would it have been before suspension, the latter I suppose as they don’t update very often, yes looking like it’s about to happen
Getting close in my opinion. Major shareholders list been updated on the website as of 15th September, also including Monecor, Spreadex and Cantors holdings. Screams of getting house in order before update of terms of deal