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That 1.8M is a buy from me, I also did another £5k yesterday that was a buy, no idea why these are reported sells?
Err which pref shateholders i didnt get any shares as per the sept rns didcanyone else
Baloney! As you say, you're no lawyer.
Read the Circular. No ownership or responsibilty rests with PFP except oversight of the Acumen contract on behalf of Pref shareholders.
On the contrary, the new director is good at forming companies, adding assets, developing them, before selling on to bigger players.
Ok ill state im no lwayer but fairly smart
Now the court judgement is to both imm and pathfinder you may have sold imm but part off the claim may legally rest with pathfinder now whoever did this was after the city law firm dla poper left and might not be the best...the new director seems good at winding companies up
I'll take that fiver oldblue.
I can't conceive a circumstance where failure by Acumen could directly lead to PFP being wound up and you should stop peddling baloney.
In the event of any such final failure by Acumen, the only losers now would be Acumen themselves and the entitled Pref Share holders who, right now, have a chance of a considerable payout but who must already understand that it might also be a 5-year road to nowhere.
IMM is now owned by Acumen and, in such circumstances of deemed failure of contract, it would be up to PFP to decide whether to attempt to regain control. Personally, I suspect it would be the last thing the new team would want to do. For what purpose exactly?
PFP is now a clean shell with some cash and new players with a new mission. It no longer has any financial responsibility or exposure to IMM that could cause it harm so talk of of IMM bringing down PFP is just totally unfounded nonsense. Let the squirrels explain otherwise.
Ill have a fiver on pfp wound up and no news from aag....did anyone get there shares forvthe claim...that might say it all
Timelines have been irrelevant when it comes to PFP
Timelines have been irrelevant when it comes to AAG
Timelines have been irrelevant when it comes to the
Moz government.
Morning All,
As Oldblue has said by this weekend 3 months have passed since the sale of IMM to AAG and the BIT claim had to commenced by now and the funding for the BIT claim had to be in place.
The silence is deafening, in my pessimistic mood we will hear nothing this week or next.
Although I would love to be proved wrong.
We are halfway into the 6 month period when the RTO had to be completed by, I still live in hope.
Here’s hoping for some positive news.
Keep the faith.
Adamsky
I take it you have sold out OldBlue you used to be excited now just doon and gloom.
So aag have till end buisness friday thsts this friday orvend week to put this in...we getting the dreaded sfter hours friday rns
Wow that would almost get you a tr1 csn they afford to write it
It’s so low at the mo I’m gunna add a couple of grands worth
It’s not rising any time soon
If the SP goes any further south, dilution could be over 100%.
I did wonder if the £1.5m possible issue that was recently voted for would be the basis of the RTO. It's circa 500m share so a possible 80% dilution, but hopefully a higher SP emerges.
Ohh so there putting all the filing in brown boxes
Added to yesterday's submission to Companies House, ongoing suggestions of an administrative "tidy up" - which would be essential ahead of compiling the Admission Document associated with an RTO.
I see Klaus has fessed up. Not clear if he still has his original holding, just that he no longer holds a notifiable amount. Wonder what prompted that disclosure now. Trew to follow ?
Paul barret actual specialistion seems to be winding up companies from z quick check.....humm ohh ohhh
That's how I interpretation it also.
I’m sure that’s there is a clause which states if they don’t start then the right to claim passes back to PFP and AAG lose the £1M
Anyone still in here is for the RTO, not the claim. That ship particular sailed a couple of months back. That's not to say that we don't look forward to a level of information flow from PFP (or NewCo) re the claim but PFP no longer owns IMM so the PFP/NewCo role now boils down to overseeing that the terms of the SPA are met. In that regard, yes, there is a near-term deadline for Acumen to have submitted their BIT claim.
Fridsy after the market closes....humm i usually dont like those
Pfp love a Friday RNS
The claim thats what we are all in here for not an rto has 14 days to be made till 17th this month 18th is saturday.......