Member Info for aceinvestor

Nothing wrong with DB. Coms sales increased dramatically. If Vitrx is to be the rto then DB is Sales Director not CEO. He had a plan to fix Coms and the board rejected it what more could he do exactly? Any mistakes he made he will learn from. If DB stood for David Bramhill then I would be worried! Anyway, we as shareholders have no choice but to wait and see. They have looked at a few potentials here and I believe they rejected VITRX last year but things may be different now. Virtualstock would have been on my list.

The linkedin page for vitrx says there are 51-200 employees. If that's not big enough for vmp then what is.

I see. They're still under stock market rules and theoretically a broker may match a transaction. I guess it's a DB company eg. Vitrx or an Adam Reynolds idea. It's taken a long time. Certainly DB has been around the block in the last 18 months.

That explains it. I wondered what you guys were talking about!

http://www.shareprophets.com/views/12072/video-of-the-healthcare-and-biotech-masterclass-at-uk-investor-2015 If people haven't seen him he's at 34m 30 secs in. Talks glibly about putting up his own money etc.

Amber Rudd is sympathetic to fracking along with the rest of the gov. Williams (or GBR?) is financing his first drill (non fracking), Eden want a deal done with their half. Then we have the Ineos/Igas deal done, SSE closing coal and looking for gas. The sky's the limit here, but not necessarily today!

http://www.walesonline.co.uk/news/wales-news/oil-gas-company-applies-permit-9272853 Looks interesting, not sure how gbr benefit atm.

Agreed. I posted that the John May story was nonsense and my post was deleted!

Why the sell off? These seem as cheap as chips.

I see. The directors considered it was a going concern and the auditors didn't. Probably explains the first ones resigned.

There we have the answers, the directors were not up to the job. I never looked at the website where the accounts are, apparently. So Polymer - over to you, what the hell are you playing at?

They must have an extension now. Presumably allowed because of the new auditors. though one wonders why the old auditors couldn't have finished the job. Indeed one wonders a few things about this situation: why did the auditors leave? why appoint Peterhouse? why did Polymer vote against TW Indus? Why did TW Indus think they had a chance anyway? I wonder if TW Indus have given up, maybe they might make a grab for some share when (if) they return.

Next trading day is Monday which is when they should be cancelled. But I would imagine they've asked for an extension for the new auditors to do their bit.

Only a few days left before they get cancelled, can't even produce accounts and Polymer voted to keep the board? Let's hope there's a plan, any plan!

http://www.walesonline.co.uk/news/wales-news/could-ineos-massive-investment-shale-8145764

I can't see much value in coming back from suspension. Last years accounts aren't too bad if you accept the explanation for the £5m liability. But the problem is the Polymer loan - they voted against TW Indus, which I hope means they have some other proposal. Otherwise, what's it all about?

The auditors resigned on 21.11. Though the company failed to tell us! Something not right, I'm hoping Polymer have a plan! lol. Otherwise why vote against?

The vote was against. So carry on going nowhere?

If people want to vote they should get on to their brokers asap. I never got any corporate action notice so had to contact them first, which is unusual.

Suspended in June so will be cancelled in December. existing board recommend rejection of the TW Indus proposal but still can't produce accounts. Polymer say they will vote against TW Indus - why? Unless the current board do something before the 25th then I can't see why they would be supported. Not sure what they can do other than go begging to Polymer, since it's the loan that must be holding up the accounts. This is one of those times when our votes may actually make a difference since it's bound to be close.