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Are the auditors refusing to sign off the accounts after the company stated this in the last RNS
‘ The financial results are still subject to auditor review.“
Looks like Gu has 26 days to pull a rabbit out if the hat and come up,with some cash before the company are de-listed for failing to file their accounts……
About time this farce of a company was kicked off aim and cannot fleece holders any longer to support Gu’s lifestyle.
I suspect he is being paid the legal fees as well as his salary shares which he is no doubt selling and not informing the exchange……….absolutely disgraceful behaviour
As we have said for years and contrary to a certain welsh ramper who has lost over £55k on this scam, it's looking rather bleak.
At one point worth over £18, now under 1p!
Shame those opinions have been muzzled……
The cherry on the cake is the mm’s have finally realised they don’t won’t to hold this POS any longer and are trying to make sure they aren’t left holding worthless shares…….
It looks to me like Mr Gu offloaded his shares hence the massive drop, can anyone confirm?
If not may well be worth asking the question.
He will be short selling on every pump knowing he is getting is salary shares.
I suspect he’ll have offloaded all his shares by the end of the month if this is going to be de-listed…..
4 days to go to get the accounts signed off……….
So what happens if the accounts don't get signed off by this Friday, close of play? (as surely they will have to be signed off on a week day)
Can they put in for yet another extension?
Only if they have a genuine reason……
They don’t earn any income anywhere , how can they have anything to file ?
They are insolvent, they just don’t want to announce it as Gu won’t be able to re-cycle the salary shares
"Only if they have a genuine reason……"
What would be the reason thoughs, as you said....can they make any excuses up?
I mentioned someone buying £1,992k worth of shares..why!
You mentioned no income stream..or news as we all know..but why is someone paying out that much for these shares/
The spread is wide, no news on the horizon, yet someone lops in £1,992 for shares.
It just beggars belief.
Looked like a buy to prop up the SP as my broker showed it down 5% again this morning. As soon as the buy went through it was back to the current rate, it happens all the time in this dog.
They have been making things up and putting out misleading rns fir years to try and prop this dog up.
False information about selling worthless rigs and trying to pump,the price on silly investments like kindergartens and renewables.
It is a disgrace what this company have got away with, at least it looks like they can’t get the accounts signed off as they can’t pay someone to pit their reputation on the line.