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Will resume on sep 26th and a consolidation 1000 shares will be 1
Hi mate, In theory it should happen automatically, I am with Halifax Share Dealing and it was only when I contacted them to send me a form of proxy ( so I could vote ) were they aware of the meeting and proposals on the 16th. Not by coincidence that afternoon I received an e-mail from Halifax stating me to check my Share Dealing Account for message. I had to open message and read it , it was meeting!!!, and once i did this then my CREST account was activated for consolidation. I don't have to do anything else but the fact I read the message sent them a confirmation that i was aware basically and had been informed. If I were you I would contact Barclays and ask if they were aware of the meeting or ask for a form to vote by proxy and this will prime them as this will have to be issued by the share dealing team. Sorry a bit rushed, on my way home from work. Hope it makes sense, if not will respond first thing tomorrow. Regards Mike
All you are doing now is to provide entertainment to all the recent posts who have suddenly materialised from no where, certainly haven't been on this board since before March and certainly not invested, they have succeeded in winding up those that have 'lost'. The new company, despite a probable sell-off on opening, will not have the pressures of MDC in any shape or form. They don't need a gaming license, will not owe creditors, will not have problems with HMRC, these debts will be paid off by by any realised assets, and certainly won't need to find wages for 37 staff every month They will basically operate by and large from terminals / electronically so overheads will kept to a minimum. The mistake ( understandable) is comparing them with MDC and MDC's performance who are dead in the water. They are gone. If Leopard Oil were moving into gaming/ betting then I would be in despair but they are totally removed from MDC product wise. PJ will probably move on but the 2 new directors are, judging by their cv, experienced in their field Leopard Oil are going into ( Gas/Oil) then there is no reason why they cannot perform steadily and cope with an initial sp drop. Shares issued ( dilution ) will be used in raising cash to Invest, buy assets to make money and raise sp. I have looked at Dan Mailing and Jeremy Talor -Firth previous company history and there are some big names who they are still connected to. It's my belief that they have probably already lined up prospective 'clients' interested from the onset of a new company start up. Whilst I don't know the outcome the trolls on here also don't know. We have 2 weeks and that very statement is fact that if administration/winding up had occured not even that date in 2 weeks would exist but it does. Final word, those invested should be putting their energy into making sure their nominee accounts are in order, you should have received e-mails from nominee's stating consolidation notification, if not start contacting them, if you think this is bad imagine the conversion to your accounts being done incorrectly/not at all ( despite being done by electronic transfer they will still be in putted by staff!). We waited 4 months without a date now we have one. ATB
JohnnySingh, you ramped this like a right wrongun'. Any more and Tony Hawks would be skateboarding down the bugger! People got burned - it's not your fault about that - but cut the innocent face.
you tw@@@t when did i ever say i had a hot direct line? i was only sharing email info, how did i know what was really going on behind the scenes? You even emailed him yourself and got positive response! Two faced git.
Well put mornington, johnnysingh was ramping this like nobodies business, according to him he had a hot line direct to PJ, I had emails from PJ but they didn't resemble anything of what Singh was saying. What will b will b here. U win some you lose some. I've giving up on stocks and shares now. Lost to much money!! Not afraid to admit it but i honestly don't really know what I'm doing so stocks ain't for me. As soon as LGO hopefully announce the loan deal I'm taking my profit and giving up the stock market for good.
yeah not so bad thanks. Exited many of my shares now with profits and what i'm holding are just above breaking even. Going to concentrate mainly on trading DAX as I make more there. XEL could be about to make my paultry investment in profit soon lol.
So so mate, i'll be glad when RRL have banked that $25m and RBL is in place tbh u?
Harperlee - hi m8, hows it going? Philski - lol - your netherlands? morninton- never trust anyone and make a habit of not trusting anyone's tips. ahhh so hows everyone this bonny evening?
Just remember it was johnnysingh who said trust me on this one and was encouraging people to buy in. Remember the name and beware.
Drink helps i find ;)
hate to say this downup, but if you aint sleeping well due to investments, then you are investing too much.
oh philski, be nice. Hows the netherlands today?
Very wise decision.
I now have not lost everything! Rejoice! If I get a good price ill sell, if not well I'll hold. Anything that happens is still better than NOTHING!
It's just possible that a sell-off might not be possible first thing on 17th as everyone is assuming the conversion will be seamless and ready for 8am trading. Other consolidations recently Pinn ( Pinacle Technology for e.g ) the shareholders who had nominee accounts i.e trading through Halifax Share Dealing etc whilst the conversion in monetary value was calculated, in our case say £0.95 / 95 pence the volume of shares to be converted took several hours so people's accounts looked like they had won the lottery financially ( new increased sp no reduction in share volume!). The point being they could not trade/deal and that took several hours. Just read their posts after consolidation took place. This actually, if it happens, may temper a dramatic fall in sp, solely because people's accounts will be staggered. It may not happen to all but best be prepared for those expecting to sell straight away, factor in stress levels! My guess anyway only trade deals will be accepted and you will get what price you are given, personally that's not for me but my choice. Have mentally accepted that I thought I had lost everything so will sit it out and see what sp is at Xmas. Finally, there is no point in slanging matches or personal jibes, life is too damn short.Peace to all. Regards Mike
1million shares after consolidation will give you 1,000 shares at 95p = £950. MDC will not trade before so the price is not going to drop, 95p wil be the opening price. IF on the morning they announce Equity Finance through share issue then this could be anywhere from 10p-95p or even above 95p which i doubt it very much. i said 40p because they could well issue more shares at 50% discount to opening price, it's just another number (like JLF 90%) from the air. MDC are no longer trading so the price will 1000 fold come 17th sept, and our shares will be divided by 1000. On the morning of 17th Sept there could be a sell off causing the price to drop, which by then i will also of sold.
I wouldn't worry about him, just him saying "Forget talking about a price of 40p to sell because it tells you nothing. Here is a question to ask yourself. If you have £1000 invested here how much do you think that investment will be worth when trading re-opens ?" says it all really. What a silly question.
You really are quite snotty and rude. Go back to vog
seeing as it's a consolidation, it will all depend on how many shares you have. As it's the number of shares that will determine the value of your holding.
I filtered him long ago just sometimes have the misfortune of seeing his posts If I am not logged into my laptop. Go to MTV he/she what ever it is has been rumbled on several occasions. Whoever spends months trying to wind up investors in a share they are not invested in is one sad sad person
So you're wasting your time on here at the moment!! Get over to REM instead and recoup your money!! I have.
what JLF says is correct, equally it is obvious what JLF says, but the number's of 90% dilution is not a certain figure. the price will come back as 95p on 17th....i DOUBT they will dilute straight away, but there will be a sell off, hence why i am getting out. If i can get above 40p then that's a bonus to me.
Are you for real? He has provided no information what so ever, just complete drivel
Thanks for reply Mike