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Trout, I hope you aren't alluding that only being taught Welsh is a negative trait?
Almost seems like you are more than one poster Antofelli, sometimes you articulate, spell correctly and utilise correct grammar and other times you write like a three year old who has only been taught Welsh. Are you really so up and down when writing English???
If you read back you will see that I have always stated Jack isn't Hogan.
The big clue being Jack can spell.
However, your association with the Swansea swindler is unclear at this point.
Antofelli, what's your relationship to Leon Hogan? Can't be many sycophants left now. Are you beating a lone drum?
Have to agree with Antofelli. If you’re unhappy, sell up. If you want it to succeed as much as you say, put your money where your mouth is and buy enough shares to ensure you get what you want.
They valued it from forecast figures given to them by? Oh yes the BoD...
It seems they can't even remember what they paid their cronies for it, acquisition was at 5p a share not 4.45p, still the market has valued it and is now at half that.
Part of that valuation is because of the composition of the current board, if this changed then the vast majority of shareholders would support the board with future plans....
The £1.32m cost of purchasing Alerion, means it now makes up 25% of the current market cap....Who'd have thought the other parts of MRS were only worth 3 times a drone that is still not ready to do it's job....
Utter *******s, only words to describe this gobbledegook.
Seriously wonder who really wrote the report, anybody got enough clout to ask leadenhall, maybe a carefully worded email from one of the proposed directors would be good.
No point in trying to contact mrs they just don't even acknowledge emails.
The more I read the rns the more it comes over as complete fabrication.
Also mr brenton shareholder concerns were not just about the price but also about the people who received shares for absolutely nothing, and that's why the removal of the current bod will be ongoing.
So if as you say, you want to build a great business, resign and take your pals with you, and then let honest people build an even better business.
They cannot even agree on what price the paid, the new report says shares at 4.45p and yet we know that they were issued at 5p, the drop was due to how the market perceived the acquisition news and still does. We have to get rid of Zorbas and co.
Acquisition RNS,
"Management Resource Solutions Plc ("MRS"), a leading Maintenance, Fabrication, Civil and Earthworks company, is pleased to announce the acquisition of Alerion Consulting Ltd ("Alerion") from its founder Elliott Talbott and others for a consideration of GBP1,320,000 to be satisfied by the issue of 26.4 million ordinary shares of MRS at an agreed price of 5p per share, credited as fully paid (the "Consideration Shares")."
Today,
" The consideration for the acquisition was A$2.2m (valued at the market price at the time of 4.45p per ordinary share at an exchange rate of GBP1:A$1.85), satisfied by the issue of 26.4 million new ordinary shares."
Couldn't have worded a more substantial work of fiction.
Oh well, they really do believe their shareholders are a gullible bunch of loons - i hope you prove them wrong and kick them out, mind you if the same people who posted this are counting the votes - dont hold your breathe.
Exactly - As I've said for some time while the existing BOD are in control this is only going 1 way.
The problem here is the report should have been done before and not after the acquisition of alerion.
Now the bod cannot accept the true valuation and don't know what to do.
Leadenhall are a reputable company that won't bow to pressure from a small aim company, especially after they had
the cheek to ask them to review their own internal review policy.
BoD doing all they can to kill off this as an investable company. Nobody looking to touch it with a barge pole now so will probably look to manufacture some event to get it kicked off AIM.
Yet another deliverable missed, along with the frequently promised refinancing ?
The report won't get issued as it doesn't give the 3 wise monkeys the answer they wanted, how bad can it be that a biased company can't create a report that gives you the answer that you want, maybe that's because the valuation is SO far off they can't even stretch the truth that far ?
Oh & isn't Zorbas supposed to be stepping down in August or is that another thing that they said they would do but won't
I wonder what Swansea's Zorbas bag carrying, tango man is scheming in the background for his friends & families ?
...trades in one morning.
Life in the old dog yet - emphasis on the ‘dog’.
Agree where's the report,
"early next werk" to me meant mon/tues of last week, so as it's just after 8pm in Australa now they must of had the report for
about 6 days!!!!!
So why not just put the whole report on the website for all shareholders to see, or at least an rns as to why they either haven't received it,or reasons for not making it public.
As usual Zorbas and Brenton treating shareholders with contempt.
Or publish the first report they received before sending it back to leadenhall to be changed.
The lack of transparency of our current bod is shameful, as is certainly not doing their reputation any good.
Well put Antofelli....
By that logic the GP that took over the practice of Harold Shipman was allowed to mistreat patients and blame the previous incumbent for his crimes?
Whilst the current Directors are here, there will be no interest, what has there been in the last month 50-60 trades in total? Hardly what you would expect of a business that was making money (who knows if they currently are as nothing business related has been discussed since they bought a fancy kite for 1.3 mil) - the report is being reworded to unsure these in situe look like Snow White, then as soon as some FIFA officials become available, they can start counting (or not counting) the votes as they arrive.
Amazing that you consider his net worth something that makes him sleep at night, I reckon the way he made that 'net worth' will give him nightmares for years to come....What goes around, comes around......
I can’t help but laugh at all the shots at Leon, when his net worth is probably more than all ours combined. He’s definitely not losing any sleep over what peasants have to say about him
Your desperation is getting to you ...
Should have received the report by now so expect an rns very soon.
You seem to be fixated with pubs, can't get rid of one?
Has your new proof reader had the day off, Leon?
I'm certainly not deluded, but cannot speak for any other posters on here.
I also can't state if the fca have concluded their investigations or not, and I take you don't know either as you have just stated factually so thanks for that.