Member Info for AlbertPode

It's only a notional value, Codder. And you won't be able to deal in the shares anyway so long as they are privatised.
The present shares had a notional value of 1p, so it equates to that.

The SP is what it is, but doesn't have much relevance to the imminent changes. There certainly isn't a discount on offer, as such.

Sorry Italian Reading my post again it sounded as though I as having a pop at you, which I certainly wasn't.

I still think a T/O is possible if only for the fact AM hinted at it around the same time he mentioned NASDAQ. If there was an acceptable offer I don't think the Bod would rubbish it. They would probably find it an easier and quicker exit and could still get to run the company under another umbrella.

On another tack (and I'm not getting paid for this), my brokers ii have been absolutely brilliant. I had to open a trading account to transfer my shares into. All done and dusted seamlessly and without fuss.

I simply can't wait for the next 18 months of the Napster journey LOL.

Hi Italian
Whatever shortcomings the BoD might have, not testing the tech before launch is not one of them. Any LTH knows that.
We don't know a lot about Mr Sallus, but he would not be raising cash via contacts if he thought otherwise.

It will take a month or two to surface but we need to look out for evidence of marketing and some free PR to follow. It will likely be centred in the US, but the continuing problem has been getting the Napster name known.

Jambor
I contacted ii last month and they replied on 16 Dec, which I relayed on here same day.
It is similar to what Mr H and Italian have said about Lloyds and HL respectively.

Briefly, in effect they say that by default the new shares will stay in our account as untradeable until they are re-listed.
Alternatively we can elect to receive a certificate, which was indicated in the RNS.
They will supply fuller details nearer de-listing time.

If you need to contact them you need to log on and sent a secure message rather just sending an email.
My account - secure massages.

Furthermore, just looking at a handful of this years IPOs is restrictive and short term.
The current NASDAQ index is 15766. 52 week high is 16212. 52 week low is 12397.
So it is 3369 points from the bottom and only 446 point off the top.
In fact, five years ago it stood at around 5000.

Maybe companies this year got a bit carried away with their valuations, but nothing more serious than that, longer term.
And as I have said before, if you are going to sell into the IPO, you won't have a problem anyway.

Any idea how much of that was Chinese tech, Offler?
Because Chinese tech is not exactly flavour of the month with the US authorities.
If that is still the case in 18 months time, US investors may be gagging for a tech IPO like this.

In any case, I would be selling into the IPO, as I think most, if not all, of us will. Nothing wrong with NASDAQ, it does a great job, but it's over there and we're over here. So not practical.
That being the case, even if it did tank, we will have sold.

A 2021 Christmas truce Offler.
Have a good one.

We must be (over))due an RNS of some sort !
Saturday would be good. LOL.

All the best Italian, MrH, and all contributors (on both sides !!).

I knew I'd attract the zombies by putting a post up (albeit in reply to someone else).

Is it any wonder that so many investors/LTHs don't bother coming on here any more when they get faced with imbecile posts like that?

Not sure if you're replying to me Strangler. But if you are what do you mean 'I've admitted I'm no real investor' ??

Offler...... oh forget it, you're so stupid, replying is a waste of time.

Should be H1 2023

Obone
This is exactly what I was told by ii (my post 16 Dec @ 10.01). So it looks the way it will be generally. The corporate action document will be issued nearer 27 Jan, when we will be given the option of sell/hold.

Equitory are in charge of all this strategy - they are the contacts in the RNSs. AM has been at the head of the new app development ( at least I hope he has).

So where are we?
The new app launch is in February.
A NASDAQ listing planned for H1 2022.
A statement of intent by all concerned who are running the company. IMO.

I'd be worried if all this WASN'T happening.

Egg-shell Offler,
Seriously, you're 'Cracking' up.

Offler
I reckon that :-
When you were born, you died and the egg-shell lived.

I have a reply from ii. which I expect will similar from all brokers.
They say their Corporate Actions team will be providing a notice of full details of de-listing, consolidation, and options.
They say the consolidated shares can stay in my account as untradeable until the NASDAQ listing.

We know how great you are Mr Kidd. You've already told us. LOL
Mr Wint can barely add two and two together while Strangler gets diarrhoea at the keyboard.
Not to mention all the regular fiction .
Then you wonder why we don't take trolls seriously

"look at recent IPOs where the issue price has immediately tanked"
But that is precisely when Strangler is saying 'buy'
Want to try again?

And even if the IPO tanks, as holders we have still sold.
Do you know how Stock Markets work?

Taken from Strangler's post of 11 Dec @ 20:53
"If this IS going to come good then the time to get in will be when it IPO's in the US."

Explain why.
In fact, get Mr Kidd and Mr Wint to help.

(This should give us a laugh.)

OK Italian.
Many thanks.

Do you mean the actual proxy form Italian?
ii sent this to me last week. I've since asked them how they are likely to deal with the de-listing, but still waiting for a reply.