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Probably if investors stick together, some feel we are over a barrel, not that it matters with most of our money gone. Wonder if John Smith will still buy £250,000.00p of Ultrasis shares?
Not up to date as he obviously does not know about PAB's problems with the law. "This doesn’t look good. The company has been at death’s door for some time, and has been propped up by its largest shareholder, Paul Bell. The latest refinancing seems to be unravelling, perhaps Mr Bell has realised that he’s throwing money down the drain? I’ll be surprised if it comes back from suspension, but it’s possible I suppose (if unlikely);" http://beforeitsnews.com/financial-markets/2015/03/small-cap-value-report-31-mar-2015-eck-puri-mco-ctg-ult-cha-2821454.html?currentSplittedPage=2
Can we win a vote with PBs vote set aside?
IMO the company aren't involved, hope that the invested money is clean? I heard JS had resigned but its unconfirmed, unsure how accurate the info is? investors often last to find out, done and dusted before we find out. Regardless think we are stuffed sitting on junk share price.
As PB is being investigated is ULT part of that investigation? if assets are frozen there will presumably be no Operating Cap??
as I understand from lse he cannotvote on his proposal,if correct only us and his mates {who picked up the cheap shares }can vote
Is PB allowed to us his shares to vote while on bail and charged with such offences?
Ok..woolworth..thankyou for reply..
Mate they are suspended, no trading until further notice, not sure if we can get through this, company holding financials no one knows if its viable, bet JS is glad he kept his £250k safe, on the assumption he did? Best to cancel your offer of shares, IMHO, wait and see the outcome, although during suspension perhaps any broker booked buys will fail?
I agree!!! Hence my repeated comment, he unknowingly shot himself in the foot, hindsight of RNS's which killed the sp, company on all time low, very difficult to raise substantial money on destroyed sp, brought about by NON retracted delist threat, causing market panic IMO GL....
Please can someone tell about the share offer..question..is it a waste of time applying for shares..thankyou..
last night gave up on this share but slept on it ....bell has been charged with fraud fact ...his accounts will have been frozen to stop him moving money out of sight,...it will not help him to have the share suspended no body in their right mind will take up the offer on a suspended share so no money for him!!! have e-mailed smith today for info on trading otherwise my 4 m shares will vote against.
What snow storm did you come down on, cant ramp this now. You are flogging a dead horse.
WoolWorth, Mr Bell is not going anywhere, this is the game he plays, you should have worked that out by now :)
Very tricky with a shot in the foot :)
The fact that he resigned from around 8 companies tells me, there's no smoke without fire, under the circumstances the shares had to be suspended, JS would have been in trouble with the regulator, if not IMHO. Low value of shares will make it difficult to raise substantial funds, someone shot them self in the foot being greedy imo.
Does PAB have any tricks left as the investigators now hold all the aces?
Mr Bell is up to his old tricks again Don’t be fooled in to thinking it’s all over :)
up and Running
Screenetics are sitting on a damn good company
suspension
Will the liquidator look for a buyer? My thoughts are Screenetics for Utrasis, and a possible cash-call
Impossible to deramp this stock after PAB's request last August to delist, made worse as it wasn't retracted, strengthened with comments like, may or may not fund the company, drawn out for several months while the share price collapsed, make disgraceful offer to investors, try and appear as white knight savior uh... Site remains down, regulator alerted, most of our money down the pan, I'm voting NO..... Good luck friend we need some and hope there is an alternative to Bells offer, especially if the company is returning profit
I think we're all agreed that ULT is finished as a company (and before anyone accuses me of deramping, I'm stuck with 4 million of these near-worthless shares). However, it strikes me that we could do better from dissolution than the BOD's current plans. My thinking is this. ULT's value lies in the contracts won by Screenetics. These are bringing in real money and the company seems to be focused, successful and well-run (unlike ULT). If ULT closes/goes into liquidation, Screenerics would almost certainly keep going as a standalone business, or maybe be sold to a larger group. Either way, it's possible that this would bring in more money than the pennies we're likely to get otherwise. Don't get me wrong: no-one's going to get rich here, but thus may be the least-worst option. Any thoughts?
well the end I think is here so chaps being great chatting,maybe see you on someother crap share I have still got good luck to u all hope u get your money back somewhere else .