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At last after 28 months. I was just preparing to provide the Ombudsman with documents from my complaint !!
No. Just an acknowledgement of complaint.
Barclays said they understand my frustration but they have not mishandled the situation!! Yet how come after 2years 3 months are they in physical and legal challenges?...which I hasten to add they have given no explanation at all.
Highly likely a cover up in the hope of being able to trade on the Nasdaq capital market at some point. They just ignored this at the time. At the very least they should have informed their investors of the situation before delisting so an informed decision could have been made as to whether to sell.
I agree
Sturam007
I suggest you get in touch with Ombudsman.
Barclays informed me that they were going to create a trading platform for Nasdaq. It did eventually come live but a long time after they had hoped and way after the corporate action to de list and on to Nasdaq.
I strongly believe that they were hoping to trade our shares once it got up and running. However through lack of due diligence they failed because Tils is in fact on the capital market within the Nasdaq which is not incorporated in their platform. In my mind therefore the window of opportunity to provide a way of transferring our shares to another broker such as HL was lost. My complaints investigation got passed from pillar to post before they discovered this readily available information....now its physical and legal challenges they face to sort it out whilst we our denied any tenure whilst watching our investment going down the DRAIN!!
Compensation must be secured.
I've just notified the ombudsman that Barclay's still haven't sorted out the corporate action in Oct 2021 to list my shares on Nasdaq. Barclays have not upheld my complaint due to "physical and legal challenges "
Tiziana investor relations told me that many others made complaints regarding this unacceptable position with Barclays and went on to inform me that some have sought help from the ombudsman
IS THERE ANYONE ELSE OUT THERE IN THE SAME POSITION AS MYSELF?
Rather ironic regards LSE. Could be construed clever moving out of London markets following raising $57m on covid spikes I believe we need to stick with it as an investment case rather than a quick buck. 2-3 years on Tils could deliver significant gains. Even with a fundraising of say $50m at a dollar, issued shares would still be well under 200m which is very low for a biotech with such successful part way trialed potential. I think tmrw the 10 day over a dollar is satisfied which may lead to some confidence for new investors. I'm hoping so.
I think you should also lodge complaint and dissatisfaction
Looks like never!!
I purchased mine with Barclays Smart Investor and decided to lodge complaint against them. In a nutshell my shares have been frozen since the move to Nasdaq. I was mislead by them into believing Barclays would offer digital international trading soon after. Only now to be informed the new platform is up and running but Tils not tradable. Also although registered with Barclays they do not understand how to transfer my shares to a broker that can deal them. To make matters worse they also tell me they are unable.to get any certifications. So my shares are in my portfolio but worthless as I have no way of selling. The complaint has missed the deadline!!
I feel like visiting these dismissive bunch of useless so called professionals financial managers who charge a monthly fee for their management???
https://finance.yahoo.com/news/tiziana-life-sciences-pursuing-development-095303626.html
You could say he's getting some of his own unscrupulous medicine. Having come to London firstly on Aim, then sold UK investors down the river with large fund raise and then moving to LSE and consolidating 2 for 1 before scurrying off to Uncle Sam with our loot.
Could all be centred around Nasdaq required 1$ for 10 consecutive days. We got to five days I think, so a conserted shorting campaign would probably create concerns and fuel a sharp drop. That's my take and ****ed of GC
Case Outcomes
The outcome of cases at ICSID has been consistently balanced between States and investors—and 2022 was no different. Overall, 49% of cases concluded in 2022 were decided by tribunals and 51% were settled or otherwise discontinued.
Among cases decided by tribunals, 56% of awards upheld the investors’ claims in part or in full. Of the remaining share, 28% of awards rejected all of the investors’ claims on the merits, 8% of awards declined jurisdiction, and 8% of cases were dismissed for manifest lack of legal merit.
He's lucky...I can't even trade or get mine certificated to trade within my Barclays online account , they haven't a clue what's what. Perhaps your mate could advise me how he got his certificates?
Once certificated you would be able to trade them with a broker such as HL
I'll need $2.70 .....needs to treble ????
Can't believe regurgitating covid again. We all got sucked in the UK, then they raised and delisted, buggering off with our proceeds. I still have no access to my shares with have be consolidated by 50% and on top of that the sp has again dropped also by 50%.
They've wasted over 2 years with all the shinnanagans so its just hoping upon hope......???
I too have 28k loses from what I believed could be a sound investment given the RNS announcements based on dvrg's advancements. AIM is litered with liars but I believe the Green bros at BBSN who have walked the talk and more than recouped my losses and also look set to make me some profit !!
Bet your bottom dollar they'll issue one for three. We've already had one for two, no doubt in hope sp would stay above 1$.
Go to their website in investor then share price...strong buy etc etc management anticipate.....