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Nope. With H-L and they just transferred from ISA to Share Dealing account after telling me thats what they'd would be doing.
Same for everyone else?
I cant make it SD. But not had anything yet anyway by way of forms. My shares got removed today and my broker said share certs on the way. If we want to vote we need to contact compuershare apparently. Although on the record date, 25 Jan, the shares would have been in our brokers nominee name still... hmmm.
to this meeting from on here? By the way, I have not received any communication from my broker, or from TGL, so if I want to go along and vote, what sort of ID will I have to bring? Anyone know how this works? Also, is anyone who is going prepared to make ask some hard hitting questions? After all we have been lied to up to now about 90% of the time, it would be nice to know exactly what their strategy is going forwards, cards on the table please? Also, are they planning on making an offer for our new shares, this is might be part of this lots strategy. Lets face it, the way markets have been so far this year, they have a very good excuse for not re-listing anytime soon, so it is highly likely that they will continue to do whatever they want for as long as they want with little regards to us PI's after this vote is down and dusted.
"Sure there are many start-ups we highlighted that are clearly tech motivated. Take Cambridge Quantum Computing…well it’s in the name! An amazing business, developing an operating system to drive faster quantum computers and busy patenting an algorithm for a secure currency platform. And, hey, it’s always good to start with one outside of London, as I’m pleased to note not all our innovators came from the capital." http://www.thememo.com/2016/02/01/when-is-tech-no-longer-tech/
Hedge you going to attend the meeting? I am not on the mainland so probably wont make it.
To put TGL's late accounts into context - Uber successful global concierge company Quintessentially's accounts were recently filed nine months late: "Need that table, ticket, or rare item? Meet Aaron Simpson the upmarket fixer who knows the habits of the super rich By Sarah Bridge for The Mail on Sunday Published: 22:02, 5 September 2015 | Updated: 10:37, 7 September 2015" ... It set up hundreds of businesses, covering everything from wine and fitness to education. That model is being restructured, which Simpson says is why accounts were filed nine months late. ‘Give me a break,’ he says. ‘I’ve waited six months for my tax refund.’ ... While the concierge business has about £18.6 million in sales and makes £1 million in annual profit, these other activities mean the group’s total turnover is £65 million and it makes £4 million a year. ... " http://www.thisismoney.co.uk/money/news/article-3223583/We-tracking-customers-s-valuable-information-Meet-upmarket-fixer-knows-habits-super-rich.html
*force them to sell
Good chance there is some kind of buyout planned. Firstly, as you say preemo, they mention the citi code and clearly state they would not be required to make an offer when 30% is breached. Secondly they finish the whole document on 'squeese out' at 90%, i.e. if someone wasnt playing ball they can force them to see as per the mem & arts.
"NewCo’s articles of association confer on NewCo’s shareholders rights of pre-emption in respect of the allotment of equity securities and apply to the unissued share capital except to the extent dis-applied up to an aggregate nominal amount of £1,000, such authority to expire on January 31, 2017." This does seem sincere and that at least they are looking out for existing shareholders and us not get diluted to oblivion, up till 2017 anyway...
Medium term could mean anything of course, 1 yr, 2 yrs, who knows, being as vague as ever there... We have got over one hurdle only to be faced by another bigger one, could be a long waiting game. At least there will be the chance to fire some serious questions at the meeting next month. What is the advantage of staying private though? They could have just bought GOS privately and let TGL sink in the 1st place, they have always confirmed that they want a quoted company for GOS. mmm
They are not listing on any market, they will be a private company & have no plans to list over the medium term. Read the document to see how we have been shafted & learn how they do not have to adhere to the City Code.
Point re a shareholder distribution seems interesting.
Does not seem any horrors that I can pick up on in that. Anyone else had a chance to look through it with a critical eye? Looks to me like the main short term risks is the markets are not very receptive to the new admission or the the underlying business of GOS is not as solid as we were led to believe. The main things is they are doing what they said they would do from information gleaned from investor contact, which is reasuring.
Thank for the heads up guys. Here is the circular link hTTp://www.touchstonegold.com/i/pdf/Circulars/TGL-Circular-190116.pdf
Shareholders circular up on website too under 'investors' tab
Good to see something offical.
Great news as thought and posted on here. 'The commercial effect of the transaction will be that shareholders will effectively exchange their shares in Touchstone (which is a Canadian entity) for an equivalent shareholding in NewCo (a UK company)'
http://www.touchstonegold.com/s/NewsReleases.asp?DateRange=2016/01/01...2016/12/31
are we to look for news then if they cant even be bothered to put up the all important de-listing RNS now that the websites are back up? (And just as awful as before) Maybe our directors are under the impression that we have all suddenly become mind readers!?
Yellow, pick up the phone and ring Trevor. I did about two weeks ago. Its a waste of time emailing as you should have worked out by now. Good Luck
gos website down is that coz they are re branding - or re doing it up ? it was a ****e site it has to be said so good thing they are giving it a makeover or is it something else. my emails going ignored as usual, Trevor Wells cant be that busy to put us loyal shareholders in the know. my gut feeling is we'll be relisted as as a new co next two months.
Now back up, no obvious reason and they havent updated re the listing "GOS Systems is part of Touchstone Gold Ltd which is listed on the AIM in London (AIM:TGL)" No updates on the Touchstone gold website either, they havent even added the last RNS?
http://www.gos-systems.com/ Error establishing a database connection
This is what i received today from TD SIPP: "Delisting Effective date: 4th January 2016 Market affected: London AIM Please be informed that Touchstone Gold Ltd has cancelled its listing of Ordinary shares from trading on London AIM. This became effective on 4th January 2016. Stock will be transferrable by way of Stock Transfer Form but there will be no price setting or dealing facility made available by the company. All future information regarding Touchstone Gold Ltd will be available on the company’s website. ISA and SIPP customers may receive additional updates regarding the status of this stock due to the ineligibility of holding delisted stock within these products."