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On TGL website briefing will be on December 14th at 4p.m... There will be a dial in facility as well.... Hope this will be more informative than the last one
I have mine in a SIPP with HL and the name was changed from TGL to ITS Ltd Friday 2 December. Has anyone heard anything about the "update meeting for investors that is planned to take place no later than December 15th" ?
I am with Barclays and have not received my certicates yet, anyone else with them and have received them? The update suggested all should be with us by end Nov and we have a shareholders still to be announced in the next 10 days.
Dont hold your breath
When will the new company ...start trading ??? I've received 350000 but told to hold th share certificate for now
Just got my cert from above people
So good news we will receives new shares that have not been diluted since delisting. We will have a cleaned up company that will enhance the value of our holdings if GOS can grow to a stage where it can be listed. Should know quite a bit more before Christmas.
Touchstone Gold Limited (“Touchstone”, “TGL” or the “Company”) Reorganisation and Distribution London, 25 November 2016 Touchstone is pleased to provide an update on the Company’s reorganisation (the “Reorganisation”), and Distribution (the “Distribution”) previously outlined in the Management Information Circular (the “Circular”) posted on January 19 2016 and approved by shareholders at a special meeting of shareholders on February 25, 2016. Following the successful completion of the Reorganisation, the Company has distributed new ordinary shares of Intelicrypt Tactical Solutions Limited (“Intelicrypt”) to shareholders of the Company on a onefor- one basis, such that shareholders will own Intelicrypt shares in the same proportions as they owned common shares of TGL. The share capital of Intelicrypt will consist of 680,982,900 ordinary shares. Intelicrypt owns 100% of TGL Services (UK) Limited, which in turn owns the businesses under the trading name GOS Systems. Intelicrypt will be hosting a business update meeting for investors that is planned to take place no later than December 15th. Details of the meeting will be distributed to all Intelicrypt shareholders prior to the end of November. For further information please contact: Touchstone Gold Limited Company Secretary Tel: +44 20 3301 9330
Thanks Mr Custard We shall hold them to that then Share Certs and conference call or meeting. I'd be delighted to go and meet with the guys and talk about the future. I'm sure we can make this happen in 2017. Many Options. ATB
Thanks Chessy, all sounds good although sounds like 2017 is back off for listing. Would be nice to get things going again, however the main thing is we are still in the game and their is hope for good returns over the longer term.
Thanks very much Chesy for taking the time to call and update this board. At least this is a step forward. Hopefully GOS will eventually be able to list again in some form.
• Distribution to shareholders of Intelicrypt shares certs due next week, they will be sent out by a new registrar (not comp-share, who were too expensive.) • Communication to include arrangements for a conference call with investors and/or a meeting invite, intention to be held before year end. • GOS business doing well and on a stable footing, balance sheet much healthier. The debt it has is in the form of convertible loans to Stanhill and another investor. • Listing requires (I asked if planed in 2017,) more value in the business otherwise the cost to list would drain working capital and create a step back. • They are looking into whether organic growth is best, or further acquisitions.
Thank you foolsgold, very reassuring, I have not built a relationship with Trevor as I suspected this is one that just needs time and I have a bigger delisted investment that is taking up my main focus. Again time should be a good healer on that one also.
Considering the delays I had a positive conversation with Trevor Wells today>>>>>>>> Without making any commitments or elaborating on what was discussed I still have some confidence that at some point in 2017 we may have a re-listing.
Hi Sons of Gwalia, have you spoken to Trevor recently, I don't think anyone has received their share certificates yet just wondering if things are progressing. Would be interested if anyone has spoken directly to the company recently?
Thanks FB. I note that the changes being reported today actually occurred on 1st. June. 10 Oct 2016 AP01 Appointment of Mr Idris Tariq Khan as a director on 1 June 2016 View PDF ( Appointment of Mr Idris Tariq Khan as a director on 1 June 2016 - link opens in a new window ) (2 pages) 10 Oct 2016 TM01 Termination of appointment of Franz Alexander Forrester as a director on 1 June 2016 View PDF ( Termination of appointment of Franz Alexander Forrester as a director on 1 June 2016 - link opens in a new window ) (1 page) https://beta.companieshouse.gov.uk/company/09935301/filing-history I would imagine that Intelicrypt Tactical Solutions Ltd will be the 'holding' company for the group being established, with subsidiaries beneath it, including GOS Systems. Looks like they've decided that Franz Forrester would be better as a director of one or more of these subsidiaries, rather than a main board director. This makes sense as the company expands given FF's focus on operations rather than corporate matters. Things are clearly progressing behind the scenes, which is encouraging.
Another one that I am not sure I know what it means but on companies house... 10th Oct (today) Franz Forrester appointment terminated and Idris Khan made a director.
Good, good, Must be due our new Intelicrypt share certificates pretty soon then.
Noticed an 'Intelicrypt Services Ltd' was incorporated on May 25th 2016... Only 1 director who is Idris Khan..
Hi HH, yes and once I thought about it those accounts gave no insight into GOS and now Inelicrypt. As with all accounts those would be created with the interest of the the group as a whole considered. It would be good to get an update from the company giving us a clearer understanding on how things stand, so long as things are progressing and growing I suspect few will be that worried we are of the fickle AIM market ATM.
Confounded, Those accounts are for TGL Services (UK) Ltd, a subsidiary company of the Touchstone Gold Group. They don't show the overall financial position of the group, but do show that this subsidiary has been lent money from elsewhere is the group, not from Ilyas Khan as falsely claimed by a troll on ADVFN.
Yes your quite right there Confounded, we should still have our three main men in place at Intelicrypt then, I guess they dont update Linkden all the time. Thats a relief.
I dont think many people keep their Linkden up to date. Companies house registered directors in the link I posted is the truest reflection of current positions.
I also found Richard Almeidas profile on linkedin where it shows that he still a non exec director of TGL, not Intelicrypt.
No mention of his directorship of Intelicrypt on his Linkedin profile though. Is he aint he? It would have made sense that he would have moved over, but we seem to have a serious case of musical chairs for directors going on here.