Member Info for addicknt

Oh good...another share I don't have to bother looking at.

They have now appeared in my account...at the wrong price! 84.5p versus the market price of 90p. They really have made a pig's ear of this.

I have sent an email to the company, copied to link Asset Services,stating that in my opinion, Link have provided a very poor service. They have failed to do their job and we should withhold some of their fee.

Quite right. A fat, moribund, useless,lazy and overpaid senior management team who have deservedly lost their jobs. MRO will do a far better job than this team could ever had done. The MRO team are entrepreneurs, not greasy pole climbing, jumped-up pencil pushers. Well done Melrose.

Same reply to me Phil. Sodding useless, and I told them so.

He's talking through his arse. An amateur who thinks he's a journalist. There is no such announcement on the Stock Exchange web site.

nomadic, if you're with HL you can still buy and sell, but you have to do it by phone. The blame here lies with the shower which is Link Asset Services, although I don't understand why it's taking so long for HL to apply the stock. There can't be that many BCN holders!

from HL tells me that they have now received the line of stock and will be applying it to clients accounts by the end of the week. I'm unimpressed.

Mullins, just goes to show, you can move markets! Can you let me know before you buy a share next time!

Jamie, in my opinion you should consider yourself fortunate to at least be given the chance to recoup some of your losses from WRN (R.I.P) In my experience, this is a unique set of circumstances and gift horses should never have their teeth inspected. Having said that, what's going on with Whet is no more than yet another case of irrational exuberance on behalf of a small group of private investors who have quite clearly lost all sense of proportion. I understand the thinking ("I've got something for free, so why should I complain?"), but some of the nonsense being spouted is a clear indication of collective madness. The current valuation for a company which may, or may not, have its own headed notepaper, but nothing else, is quite simply bizarre. The wild talk of how deals are going to be concluded with no money and no dilution is as odd as Trump's hairstyle. And the recent attempt to link a deal done by a small US based company and Whet, despite an announcement some time ago saying they were not linked,is bonkers. Apparently, they share a lawyer, but I too have used Holmans in the past, but I can assure you I'm not linked to Whet. In conclusion, you should be happy that you've been given the opportunity to get something back, and you should also be happy the shares have reached the ridiculous levels they have. (btw, I find Britdaq fascinating. The prices are based upon nothing other than a seller dreaming up a number and hoping someone comes along a buys. What the prices are not based upon is any fundamental valuation of the company that would stand the scrutiny of a proper market) Anyway, take the cash and consider yourself lucky.

adv, they know. I've been in communication with them and have just put down the phone to HL. Between the two them, they have cocked-up completely.

Happened ages ago. I suspect you meant the NextView investment, which didn't happen.

This problem wasn't caused by HL, but by Link Asset Services. I have found HL to be very good and always helpful when I call.

More communication from company. Link Asset Services are conducting this transaction and are having problems crediting the various accounts. They are working on it and hope to have solved the problem soon. I have been given a contact name in the event that the problem persists. They really should have got this sorted.

Mine are still not credited. I've had communication from the company stating that the shares would be credited at 11.48 (very precise) This is not the case for those of us who use HL.

Logged on to my HL account and the BCN shares have been removed, or rather no value is attached. Have now spoken to HL and they say that the share value won't reappear until they 'receive a new line of stock', which should be this week. I'm confused by all this, especially as the Canadian shares are now listed and trading. Anyway, the upshot is that there's nothing to worry about, although I would have preferred to have been given much clearer advice about this matter.

Great stuff. A few thousand more of these and we'll be well on our way.

we'll get back to normal trading next week; this one has been very weird. A significant decline on virtually no trades. Secker needs to exercise his right to issue new shares asap.

KNK, come on, you know you won't get an answer. The ramperoonies either know the answer and don't want to admit it publicly,or they don't have a scooby. I gave several examples of successful reverse takeovers/shell companies (and there really aren't many more) and each of them demonstrates just what is required to make a success of this type of business model. It isn't impossible (obviously with vast dilution) but it requires skill, ability,experience and a crystal clear, focussed strategy. Many, many people have tried it over the years, and many have failed. And bear in mind, the three successful ones I mentioned, started out with a properly quoted company. Anyway, good luck chaps; the coming months will continue to provide a great deal of interest.

KNK, for the sake of balance, the nearest example would be WPP. However, there are a number of fundamental differences; WPP was already a small, profitable business which had assets and profits. But the most significant difference is that Sorrell already had a strong City reputation and following. Other examples include Wassall and Melrose. Again, the difference lies in track record, strategy and ability. In order to achieve what they have,these two management teams persuaded people to lend and invest billions of pounds. Throughout their careers they had provided returns for shareholders and had always paid back what they'd borrowed. They were proven hands-on managers. Compare and contrast.