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Shukan can you provide any update following Momentous please??
PULL YOUR FINGERS OUT YOUR BACKSIDES AND DELIVER SOMETHING...ANYTHING!!! FFS
Not sure what to think about this really. PR is absolutely crap. Any decent news has to be released before any events, they disclose anything sensitive without informing the markets beforehand. So if no news by the time the event then not sure what they can achieve by appearing? Hardly going to have an easy time of it eh? Or woo new investors lol.
be suprised if they show up at that just stringing us along terrible really
don't be too quick to condemn this one, Momentous event on 9 March - sure to hear some news soon. GLA
Totally agree, they talk a good game
feel they are just going to drag this out now for as long as they can get away with it could go on for years shouldn't be allowed needs to be a time limit then whatever funds left in company returned to shareholders
Still NO RNS!!! This is taking too long!!! They should be back by now!!! Communication from the BOD has been horrendous
Due diligence wouldn't take this long Just hope they've left some cash to return to shareholders
Thought we would have heard something today. Getting close
Old news Cwis and I expect a lot has happened behind the scenes since then . We will soon find out
Thanks Cwis for the info
apologies for numerous postings, just trying to show a posting from last October that as a shareholder I found interesting..
t’s no great surprise to me that Sub-Standard Shocker XI member, Silver Falcon (SILF) called off its potential RTO with Fintech business, Lime Holdings, on Friday but it’s still worth highlighting a couple of aspects of this disappointing affair. By way of a quick reminder, Silver Falcon joined the Standard List back in November 2015 raising £1.5 million (gross) and then entered suspension in late December pending an RTO of Lime Holdings, a private Australian business in the hot Fintech space, focussing particularly on insurance. A mere 9 months later, it announced the following on Friday: “Further to the Company's announcement of 30 December 2015 which referred to a possible acquisition of 100% of the share capital of Lime Holdings Limited, an Australian unlisted public company operating in the financial technology sector, by way of a share for **************, the Company informs shareholders that it has decided not to proceed with that transaction. In the meantime, further transactions are in contemplation as the Company has commenced discussions with two other possible acquisition targets and further announcements will follow in due course.” That’s it - just decided to not go ahead and it took Silver Falcon nine months to decide! One may wonder how its due diligence could take so long? Well, allow me to let you in on a little secret. When a crappy company like this tells investors that it is going to undertake an RTO pending due diligence, it isn’t really undertaking due diligence. Due diligence on a business like this would take a couple of weeks at most and once you’ve done it, you probably wouldn’t do the deal, so actual due diligence is kept to an absolute minimum. No, what is much more important is whether it can raise any new money to fund the opportunity. I imagine that the relevant key people here have been running around the City selling the dream of this Fintech wonder for months on end, but have come up penniless. No great surprise as am sure it hasn’t been helped by the incredible “Fintech” money-machine covered by my second case-study today, BOS Global (BOS), formerly Forte Energy, which has been an abject failure. In the meantime, Silver Falcon remains in suspension, so trust the other opportunities are close or, more likely, it has begged the authorities to allow it to remain in suspension to avoid the flood of furious shareholders running for the door. One of my major issues with the Standard List is that companies like Silver Falcon can stay in suspension seemingly for ever, whereas on AIM there are strict time limits before being chucked off the casino which at least focusses the mind. The one (small) positive is that Silver Falcon still has over £1 million in cash and perhaps it can still find a decent RTO opportunity. I hope for all the shareholders here that they do.
*************.com/views/24167/silver-falcon-shocking-fintech-rto-debacle-case-study-no-1 *************
http://www.*************.com/views/24167/silver-falcon-shocking-fintech-rto-debacle-case-study-no-1
The nine companies appearing at Momentous o2, 9th March, confirming Silver Falcon. One suspects a re-listing around that time or before. http://www.momentousevents.uk/eventsuk.html
Even im starting to lose the faith. SILF need to start a the pr campaign. Share was only on the market a month before suspended even so they need to get the word out. If this comes back with no asset the bods reputation is down the pan. GLA hope for news soon
I'm also hopefull of news before momentous
Not so sure its wise to assume that attending an event, which is essentially a party (from what I can see on their website), is synonymous with good news. I'd like to think they'd announce news to market , before leaking it at a private event at AllBarOne in London, perhaps I'm wrong, I hope I am.
A little more patience required. They won't attend momentous without good news imo
This really isn't looking good
yes bod, get your act together, sergeant kezzman has spoken. if not u will be in big trouble !!!!
BOD can you sort this out you've had more than enough time If not please give us back whats left of our hard earned