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Has anyone received the Circular yet?
I'm with HL and there's nothing there yet to allow me to vote. Are the BODs going to sink so low as to only send it with a few hours to go before the GM? Nothing would surprise me with this gem Rob Richards.
Roger, I’ve just checked the shareholder meetings section on HL again and they’ve now finally put the vote up there. Haven’t got a circular. But I’ve preemptively voted against all proposals until they give me an absurdly strong reason to change my mind. They’ve treated us like we’re scum. Bet you’re voting the same so let yourself loose on that now. I feel your pain — I lost a ton on cineworld last year and I know it’s wretched. Keep soldiering on and staying positive. All best
Agreed. It seems pretty obvious their intention is to wipe out current share holders If they don’t provide an amazing reason to vote in favour then I hope everyone voted against to prevent the Directors on with their money grabbing games. I’ll check HL and now. Tks for the heads up. Careful not to vote too soon. If they realise it’s going to be voted down they’ll try to skin the cat another way.
Rob Richards must be stopped from stealing this IP and fleecing hundreds of share holders for the last few years .
The Circular can be found here
https://verditek.com/uploads/document/Verditek_Circular_09.02_FINAL.pdf
@Roger65 The purpose of this Circular is to provide you with the background to, reasons for, and details of, the
Disposal and to explain why the Directors consider the Disposal to be in the best interests of the
Shareholders as a whole.
There is your "best interest of the Shareholders"
DJ79
You sound like you might either work for VDTK or be one of the few who stand to benefit from voting for this. There’s is no way on earth anyone should let this through. It’s daylight robbery.
Its under the 'view shareholder meetings' tab on the my-accounts page when you first log in. Just put my 200,000 shares in as against all three motions. I'm down 95% and at this point I'm not going to let them walk off with the only bit of value left.
That's quite a weird statement to make given I just explained how their Circular impacts shareholders. Just pointing out the obvious maybe, but how it would relate to me working for Verditek really is something out of the ordinary?
I don't know why someone would pay 0.10 for shares today when if this vote goes through they'll be issuing 400m shares, increasing the share count by about 75%, at a price 0.075 - a 25% discount from the price they paid.
I’ve a feeling things are rather finely balanced with his vote and someone feels the need to have an extra 6m to ensure it goes their way. It hardly costs anything does it?!
I’ve been thinking of doubling my holding for bery little too make sure it doesn’t get thru
Buying shares in an attempt to sway to the vote is an interesting one, whether it's worth paying a 33% premium to the placing that could follow is the thing, with risk it goes the other way regardless.
Sadly in these situations they don't tend to even call a vote without knowing in advance they've got decent shareholder backing. Whole thing is very fishy and does look like a classic PI shafting so sincerely all the best for a rebellion.