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With May 1st looming, what are the odds on a sell-off by those not wanting to be locked into a delisting?
I believe that a court date later this year was mooted, however, this may have been pushed back into next year due to covid.
I have been out of the loop for a while on this share - is anything actually happening with this littigation ?
A month on from the last comment below: do you think this will come to anything?
More importantly.... the PWC litigation.
Volume on the rise again here and SP moving up... Watchstone turned itself into a cash shell last October, cleared out all unnecessary assets. This could get very interesting
Volume up , price up , news coming?
Hi Grumps. They will be experts at presenting a stylised version of reality.
Sounds like a great witness to me.
Watchstone has accepted it is liable to pay S&G’s legal costs after PWC dragged the law firm into fresh litigation over its soured deal to buy a subsidiary from the technology provider...
https://www.law360.com/corporate-crime-uk/articles/1349291/watchstone-to-pay-slater-gordon-s-costs-in-pwc-suit
Groan, trying to drum up support for another forlorn attempt. Donn't hold your breath.
Nor does he ever post with real details ;-)
Thoma22 never replies with real details????
Thomas - how can I find oout more? which law company
I'm guessing very soon, weeks maybe, due to potential limitation problems arising this year and the time that it would take to get the case issued and running.
Any guesses as to the timescale ?
LOL. Good luck with that.
Thanks Thomas. Iam intereested in this. Which company is this with? Any links?
no - win no-fee case being investigated, dependant on funding committee approval.
I don't know for certain but I would expect that in special circumstances an application can be made to extend. It would be highly unusual if that facility wasn't provided.
For example, it is not WTC's fault that they are now at the behest of the British legal system, therefore it is virtually certain that an extension would be granted.
Bearing in mind that according to AIM rules they only have a limited time (about May I think) in which to do something as they are a non-trading listing at present.
The next milestone for me would be PWC coughing up. I'm not looking any further forward than that.
Is there any mileage in a reverse takeover of this as a cash shell or is that just more pie in the sky>
Must be a gremlin in my laptop, grrr.
I just clicked on the blueshare link in your post, GetitRight and its working fine for me too!