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Just bonkers and what a pleasant surprise,....GL S
Should come back with a bang
Not sure that’s correct - there is a share consolidation yes and after which WWW will get another 645k shares but how much you can sell for really depends on what price/cap the company realists at - given the consolidation and share issue to WWW, I wouldn’t describe it as ‘dilution to oblivion’ - especially given who is backing it and how much bridging finance they are providing per month. Not sure a company with that profile is interested in a dead beat company that they don’t see becoming profitable or with lots of potential... just my opinion but I can’t see much wrong with this deal given where they where and where they look like they are going to go!
Does anyone know if Lyca mobile is listed or is this a route for their listing??
If I get enough for a Big Mac meal it’s better than nowt
Nicked a million of these on suspension day for £800 as a pure punt. Looking forward to see how this plays out now
Well done guys and girls for sticking it out. Let’s all vote yes and get this ship raised from the bottom. I’ve messaged Nick about the consolidation. I’m sure many of you like myself have a large number or shares. Soon as I know I will post on here. GLA :)
It means you will be diluted to oblivion and may be able to sell at a huge loss for a few quid if it does actually relist if you vote yes
Sorry have I missed something or have WWW just paid 1.3mil for a third or the company?
A lot of that went over my head. It seems the word is vote yes or go home. Gotta be worth a go.
LycaMobile is the world's largest international mobile virtual network operator.
I can't see them backing this if they didn't have faith they can assist to make it work.
I haven't got a clue regarding the consolidation ect but this is huge news. Hopefully it passes the GM without issue.
Lol at DND post below.
Gonna need someone smarter than me to figure out what the cap will be at re-entry.
We’re back!!!!
Wasn't expecting that, Looks like it's not all over after all :-)
It won't come back its over our money has gone
Time is running out.
it not a possibility that the company would be quite happy being delisted.The expenses and legistlation incurred may not be worth it to the company or possibly to anyone interested in refinancing the company.
Just because the companies shares are not traded on a major platform doesn't mean a company cant trade under the same or indeed any other name does it.I don't know,just asking anyone who has some knowledge of these things.
I’m really not sure why it’s taken so long but I guess it’s a complex company. The fact that Nick still reply’s and giving updates is positive. It’s in there interest that the company goes on as they’ll all be out of work st Christmas otherwise. What direction the company will go if it gets finance again not sure. Nick did say that the company being listed on the stock market is externally favrable to an investor. That if the company is relisted that it then falls back to the shareholders to vote in what happens next. Let’s hope for an Xmas miracle.
Thanks, that is similar to the response i got a few weeks back. They are really taking this to the wire... given bank holidays in December they have just over 3 weeks to get something out but it is dissapointing that they have chosen to take it to such last minute. But would be grateful if something comes out sooner rather than later as this is just painful! would rather just know one way or another.
i wonder what angle a new investor is taking with the company - is it just investment based on the current model and offerings or is there something different in the offering or strategic change in direction?
I contacted Nick last week and within half hour I had a in-depth email back. They have to release an RNS by 31st December, after this the company will be removed from AIM. From the email I was sent. Bridging finance has been in place since there last RNS and the company supplying the funds has done so at great cost. Therefore it would be in there interest that the negotiations are successful and the stock is allowed to trade once more. That is all I know.
Has anyone contacted the company recently to ask whether they plan on updating shareholders?
According to Nick, yes they are. They have to release and RNS by 31st December or its game over
are they even still in business?
No way is this coming back now probably find out jan
Apologies there is another company that accounts overdue. It’s just JIimmy Wales company that’s dissolved.
According to companies house the company was dissolved on September 18th. Company registration number 09668490