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Sadly Croc, as is seen, there is a select group using these boards in an attempt to control the vote.
I'm not sure it will work as prob puts as many off as it gains, but each to their own.
There was someone using a poddar handle on here a few months ago - only once and posted nothing interesting. Might still be here if you look a while back
Your repeating a post four times certainly won’t convince me!
This has to be one of your best.
Some are already well aware Hemant still is and has been posting on here for over a year. He only dropped out of the company due to fear of being caught for illegal activities within the company. He will be using every vote he has to keep his brother shishir at the helm since he stands to benefit hugely if shishir remains. There is still a chance that puruvi the puppy dog will be voted out though that's one for that will go close to the wire. The poddars have destroyed this company from the beginning with lies and false numbers. They want the camoany to collapse so they can take it offline for next to nothing. We have been informed they have already set up a new company in late 2023 to buy tgr for around 1p a share after it gets delisted. Rumours have been going round for some time they have shorted TGR and are making a bundle on the drop in share price. Dyor
There are many aspects that concern me hence why I am going to VOTE in favour of all of the RESOLUTIONS
There are many aspects that concern me hence why I am going to VOTE in favour of all of the RESOLUTIONS
There are many aspects that concern me hence why I am going to VOTE in favour of all of the RESOLUTIONS
Recommend that other shareholders do the same as it now time for change!
There are many aspects that concern me hence why I am going to VOTE in favour of all of the RESOLUTIONS
Today’s reply doesn’t help much.
How much does Pranagraf owe to TGR ?
I invested for the downstream knowledge that they hyped so successfully in the past.
What happened to the £5m ? Just spent on an acquisition rather than sort out the promised merger.
Tomorrowtoday "Sellers are running for the door. "
really, just over 200k sold and 200k bought. Hardly a sell off.
Both shishir and puruvi get paid by TGR and Pranagraf. Shishir gets £300,000 a year from TGR and then gets a further annual salary in the region of £200,000 from Pranagraf. Puruvi gets £150,000 from TGR and since she is CEO of Pranagraf she gets over £300,000 from Pranagraf. Both spend 6 daty a week on pranagraf and next to nothing on TGR. Is it any wonder TGR are in life support. 2p is incoming. We said this would happen and its unfolding right before our eyes. Its a disgrace. Sellers are running for the door. DYOR
Hi Saluc,
It was me who received the email reply from Shishir about being more worried about a hostile takeover.
I have kept away from the chat since the announcement as it was clear it would get too emotive.
Some new posters appearing from nowhere with very strong views and clearly trying to influence.
I will keep my watching brief
Have noticed a Twitter handle pop up "Tirupati Holders", bit of digging into the followers and recurring theme is they are either based in India or have liked company tweets in the past - if this has been setup by the company or someone affiliated it's extremely embarrassing and needs to be taken down immediately, hope that's not the case.
Both shishir and puruvi get paid by TGR and Pranagraf. Shishir gets £300,000 a year from TGR and then gets a further annual salary in the region of £200,000 from Pranagraf. Puruvi gets £150,000 from TGR and since she is CEO of Pranagraf she gets over £300,000 from Pranagraf. Both spend 6 daty a week on pranagraf and next to nothing on TGR. Is it any wonder TGR are in life support. 2p is incoming. We said this would happen and its unfolding right before our eyes. Its a disgrace. Sellers are running for the door. DYOR
I just cannot work out why the group approached this the way they did, if they had suggested appointing a chairman or adding a member to the board I would have almost definitely voted in their favour.
If giving Shishir a wake up call and forcing his hand was their motive I applaud them, yet it sounds like they have their own motives that would benefit them self’s and leave the rest of us shareholders in a more dire situation.
Does anyone remember who emailed Shishir and got the response that he was concerned about a hostile takeover? I remember reading it but for can’t for the life of me remember who it was.
Someone said if there was a time to go into hostile takeover mode this would be it and I agree, looks like what we are seeing! A lot of previous posters on this board now also make sense. I’ll vote against the resolutions cause I think the current board guys will do what’s best but also actually know what to do and how to run a graphite company!
HarChris,
The new group isn't the main blame factor, although their (suggested, not proven), attempts to talk down the company for some time prob hasn't helped the SP much, nor does the fact those who were previously employed didn't do much when employed to step the rot so to speak.
Regardless, I can see there is a lot of emotion connected towards this vote, which is likely blinding somes views. I've seen calls for revenge, which might feel nice for 2 mins but wont help the company or SP. Likewise I've seen both sides calling for getting the FCA involved, which def wont help the company or SP as getting yourselves delisted or fined isn't that useful lol.
That's the problem with votes though isn't it.
Its not really a great vote either is it.
Your options
1: Vote for a underpermoning CEO and board to stay
2: Vote for a group which is likely to destroy whats left via inexperience and other reasons
As it stands, the new group hasn't shown anything worth voting for, thus I can't vote for them. And so, while not happy I'm only left with option 1, for now....
For me the best outcome would prob be some sort of agreement between new and old so that it never goes to vote (as a vote is a seriously bad look), which solves some of the governence issues (which is really what this vote is about as the FT group can't solve the other ones as Graph prices and VAT returns are within their means).
An agreement for a new chair and maybe one new ned, but not from list suggested might work well.
Most of the list suggested already had a chance and failed.
Have you lost the plot havealot? Have you not seen the destruction of the share price over the past few years? I 100% back this new group. The Poddars have had plenty of time and opportunity to create shareholder value and all they've done is destroy it by being very greedy. Time to vote these charlatans out.
If the resolution doesn't get voted for, what does the current BOD do then. Carry on with giving out what a great company we will be and continually include Pranagraph's business as TGR's when for all intents and purposes it's a completely seperate company. It's always tomorrow will be great but nothing seems to improve.
While I'm whinging, in the RNS it states that Puruvi isn't getting a pay increase now she's a board memeber, but given a load of shares instead. She's a Director of Prangraph so aren't they paying her wages? One thing for sure is when dilution comes the current BOD will give themselves a load of shares to cover it. The BOD are paid a lot of money for getting us into this mess and Shishir has worked nearly 4 hours a day on it. He should do it for free as most of it goes to Prangraph anyway. I'm totally frustrated with this whole situation and now look at everything with utter contempt.
I've lost faith in it all. It's a shame, because someone is going to make a lot of money out of this, but I know it won't be me.
Hawks are swooping
TGR will likely need to raise a good few times what they did in the Jan placing at a share price a third of what it was just to cover the July coupon, pay all the long overdue remuneration owed to staff, recruit a CFO and to get back into fully operation. That could be very heavy dilution to get back operating on an even keel.
I don't particularly trust this new group either but to act like they're largely to blame for the current mess is ludicrous, the mismanagement from Shishir is on another level.
This company desperately needs to conserve cash. All this whole episode has done is waste funds on expensive
lawyers fees and distrat management effot. It has achieved nothing but
destroy shareholder value in the interests of certain parties with their
own axe to grind. Some of those shareholders on here backing this group should be ashamed of themselves.
IMO a vote in favour of the resolutions will end up with no value going to shareholders. This group will look after themselves. Let the company learn and get the bod sorted and the sp will recover accordingly.
This group will just serve themselves.