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MyIPA
April 2020, yeh
Well they must have produced some products.
There was some bottles ink coatings ? Mask ? And what happened to the volts Joint Venture.???
Think that was predicatable in April!
Just when you think the smell can't get worse, the company release an RNS re they will not be in a position to publish its annual report and accounts for the year ended 31 December 2022 by 30 June 2023, being the deadline provided by Rule 19 of the AIM Rules for Companies.
I doubt anyone is supprised re this.
To think that if they were going to expand by acquisition, all they needed to do was hoard the £5mln until this year and then buy up loads of companies on the cheap. hindsight is a wonderful thing!
I'd still be interested in seeing NNN v2. Hopefully the talks and due dil come good. Next step is getting the right person to be open minded, take the company forward, and close some deals. Surely some of the work Duffin did is almost at completion just ran out of time (not only) due to utterly immoral bashing here and on other social media (some of the blame is his for keeping PIs in the dark from September to January, then no interview, CFO resigning, not bothering to attend Filtech all that stuff). All of that trashed the SP - and he just gave the bashers ammunition boxes after ammunition boxes.
If there is a rescue, and it means the company is swept entirely clean of Cave and everyone ( the new board can lease the IP from Nottingham and not need Cave on the staff or to do with the co at all), then can we hope to see an end to the bashing?
Good luck to all whatever the outcome
The coward that is Duffes, is at it again.
Running the company on a a 'hope and prayer'.
The ole "The Company continues to consider potential funding options for the business"
Boll**** is he!! Sounds like someone's playing for time, I wonder why.
This bloke has made TB look innocent, absolute snake in the grass
They're already suspended so... nothing to lose by not. plus any rescue attempt means they have to publish the account and incur the costs.
I do hope the potential rescuer gets to see any and all information that the company possesses before making a decision.
Not unexpected
Pulled every trick in thr book, basically refusing to publish accounts.
What a company!
Newto,
They are not on the list of companies reporting results this week, according to LSE .
I have sent the following e-mail to Chris Farrington at Resolve.
Can you state the legal statute that applies to the following statement by yourself, when neither a none disclosure or/and any confidentiality clause has been signed between Resolve and myself.
Please note that this response is strictly private and confidential, and you are not authorised to share it with any other party other than as may be required through the insolvency Complaints Gateway if you choose to use it.
NOTE....... Civil law holds case law secondary and subordinate to statutory law.
Peterross,
I received the same from Chris Farrington.
My understanding is that unless there is a signed, confidentality agreement and also a none discolure agreement then the information can be released to everyone vand anyone.
As I did not agree or sign to such, I will have no hesitation if/when the time comes to use the info/details received in my corespondence with the FCA and also the media.
The warning from Resolve and Chris Farrington is just an attempt to avoid exposure into what I still belive is a case of possible biase, hence a not fully independed proceedure.
Will they have to publish them?
Sound 🍷
Something funny to look through next weekend. Roll on Friday.
But is that a good thing or bad?
Less likely anything happening.
Maybe time to write to someone.???
Yes i got a reply from Resolve Chris Farrington to the 3 complaints I made. His reply says it is private and confidential and I am not authorised to share with any other party other than maybe required through the insolvency complaints gateway if I choose to use it. Conclusion unfounded .
Written 2 email's with no reply from Resolve.
None of these twats are giving anything on information asked for like
What was the vote count.
Will we have to vote on the resolutions again in the next general meeting, if they get around to one,
Who are the creditors ??
Are we solvent or insolvent.
This was probably part of the delay tactic from duffin, until the investigation was completed. These guys are on the wrong side of the law here. It will catch up with them like a clap of thunder.
Yes, standard reply, legally didn't commit to anything liable , massive caveat in the response, I think they know they are outside the ball park here, if they truly belive what they stated i think they would be fools to take this forward, further down the line they will be in a whole lot of trouble. Think they are getting there legal advice from the same factory as Nanosynth.
Massively founded complaint.
Anyone else get a reply from resolve?
Can't find a date on it which is a bit odd!
Only saw it last night so can't have been that long ago as I log in every couple of days
Good morning ,
What’s the date of the Corporate Action ?