Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
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Blimey ,who would want to be a director of a public company ,if they knew the real risks involved !
" Cooperman ,that was two years ago? " He's got six years from the start to bring a claim. However, if he proves fraud there is no time limit .
Cooperman, that was two years ago? No fair traders around. Not even british ? Cavendish. In the end it appears they blew a NO signal for a start and helped assemble a yes nodding crowd. Imho.
Dolcoath - if Leon Cooperman wants to go after the directors and is justified In doing so and in respect of the time he was a shareholder, he will not simply involve the FCA ,but will issue proceedings in the High Court for damages . The moment for directors to worry about, is if he brings proceedings and alleges fraud ! Then,if proven, the directors insurance policies will not pay out !
If this really is a set-up/stitch-up, then surely people like Cooperman, with the $200m hit mentioned here, will not just sit back and take it? Surely they are in a position (more so then we PI's), to trigger a formal enquiry if they detect a bad smell. Or am I clutching at straws?
Call them sick already. One day they know.
Well they now own "the master patent" for mobile banking ;) I'm upset the vote went through but feel very good about not owning such a terrible company any more. Sticking to the main markets from now on! GL all except moni leadership! May they get what they deserve someday.
As well as Fiserv ! Has anyone carried out any detailed research into Fiserv ? If so, could they post some comments ,so that some of us can consider putting the scraps left from our support of Monitise into Fiserv !
The champagne glass will be clanking tonight in the Boardroom, their toasting the gold lining in their pockets, all at the expense of the shareholders. Better watch out to see if these clowns get appointment on any other BODs. If so post on LSE to warn others, then run for the hills....
£20k maddog
Mark Pearson took the biggest hit since he was paid in shares and sold 4% of the company outstanding shares at a 90% loss a few months ago (took a hit of over $30 million). Cooperman in absolute terms with a loss of over $200 million.
Cost us all early investors! This takeover is a setup - It looks so obvious to us but it would be hard to prove!! Let us move on. RIP moni
Cost me £20,000 gutted
Cost me 40k. ******s
When do we get the result of this Thanks
The BODs got one thing right, they lined their pockets with gold, whilst making questionable (I'm being kind) trading updates over a very long period of time, that even fooled the big investors. Over out out...
its not insane due to the fact the BODs told lies and traded on some think they had not got i.e there supper cloud that never was, they lost all street cred with the banks and other companys and me
l kept posting on here to deaf ears l was put down every time l posted the facts not fiction. The ramper on here are a disgrace and they have cost some punters a lot of money" The company is only worth£30 million in buyers asset " and £ £40 million as a bail out asset, but if we would of had new BODS that care l could see a little light in the future . take a look at my posts on this subject and you will see how much flack l got for telling the truth" anyway G/L
totally agree, I lost quite a lot on this one though, so some lessons learned here. Don't think I have ever witnessed a company go from a billion £ valuation to being sold for 75mil so quickly before. Insane!!
Well what a was of time that was, I'm glad I got out with a tiny tiny tiny little profit, but the BOD should be banned from holding Directorships for life. If you look back over the last 2 to 3 years of company statements including the current BOD, they made several explicit misleading statements " in my humble opinion" about cash position, viability of Finkit, business relationships and when EBITDA profit for 2017 onwards even as late as the beginning of this year. Shameful bunch of ****£%s. Onwards and upwards I suppose...lesson is, don't believe anything a BOD's says...
The $20 billion company that never happened due to poor leadership and poor execution. Talk of cooperation that never led to cooperation. It seemed to have tremendous potential on its own. More than $2 billion in value that vanished.
Zero
What are the chances Monitise FINkit platform is heavily in use, already. A qualified accrued royalty income from Jan 2017 on since the Partner Programme was announced late Nov 16 and billing half year term seem more than likely. Instant Payment coming up November and thus a multimillion hits and secured monetary traffic a day thus £££ is on the cards. Wishful thinking? In Dec 2016 MYPINPAD joined the FINkit Partner Programme. .. David Poole, Business Development Director of MYPINPAD .. MYPINPAD and the other founding partners have made their solutions and services available together on cloud-based FINKit platform, in order to promote and drive industry-wide collaboration and the co-creation and launch of exciting new digital customer propositions in banking and payments. https://mypinpad.com/a-move-towards-harmony-in-fintech-will-inspire-innovation-says-mypinpad/
Bidco than better starts buying a single share in order to reach a 75% majority best case. LOL.
I am aware of what Fiserv is doing and I believe I stated it on here before that a financial partnership (Fiserv buys ~50% or IBM etc) would have held much better long term value for shareholders bc of the reasons already mentioned