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The RNS does say £0.2 and if it’s a share consolidation the share price will go up not down although the value should stay around the same. Dilution is what brings it down and we are having that but after the consolidation so all depends on how the market reacts to the dilution but it is to a very high profile investor so hopefully the reaction will be good.

Dan, 28,000,000 shares at a closing price of £0.00005 is worth £1,400? If it opens at £0.2 (which is what I think is being proposed after consolidation) then your 14000 shares is worth £2,800 (14,000 x £0.2) so hopefully you should be instantly better off unless it opens at less than £0.2 because of the dilution. Or have I got my maths wrong? £0.2 share price puts the market cap at around £300k. So it’ll have to be £2 per share to get to a market cap of £3m. But anyone with less than 2000 shares before consolidation does get a bad deal though...

The RNS does say after consolidation each ordinary share will be £0.20 and that the shares to WWW will be given to them at £0.10 (so a discount)

Or could be that I’ve got my decimal in the wrong place lol - have to looked at it in detail but consolidation alone shouldn’t reduce the value of our share. That only happens when it gets diluted but in this case the dilution seems like it should add value to a £150k market cap company

I think the market cap would need to be around £1.5-2m for it to be that price per share after consolidation - it seems to me that this company should be heading to a market cap way above that so pretty sure it will at least get there, unless the market decides investment from Lyca mobile is not worth a market cap of £2m for TPO

* bridging finance

How? The market cap is £150k at the moment... it won’t be that after investment so I can’t see how shareholders won’t do well out of this as I doubt the investment is being made based on the fact the company market cap will remain at £150k?! The grudging finance they are providing us nearly that alone...

The consolidation itself will mean that it should Relist at 1p, which I think the RNS does also say the value per share will be (0.1) - this means the value of our shares will be no different then it was when it was suspended. The variable however will be the extra 645k dilution which in theory will take the price lower BUT given that it was priced to fail and now it won’t (subject to shareholder approval at GM) and the quality and confidence of the investor and potential, I would be surprised if it is not significantly higher on opening :-)

Not sure that’s correct - there is a share consolidation yes and after which WWW will get another 645k shares but how much you can sell for really depends on what price/cap the company realists at - given the consolidation and share issue to WWW, I wouldn’t describe it as ‘dilution to oblivion’ - especially given who is backing it and how much bridging finance they are providing per month. Not sure a company with that profile is interested in a dead beat company that they don’t see becoming profitable or with lots of potential... just my opinion but I can’t see much wrong with this deal given where they where and where they look like they are going to go!

Does anyone know if Lyca mobile is listed or is this a route for their listing??

Thanks, that is similar to the response i got a few weeks back. They are really taking this to the wire... given bank holidays in December they have just over 3 weeks to get something out but it is dissapointing that they have chosen to take it to such last minute. But would be grateful if something comes out sooner rather than later as this is just painful! would rather just know one way or another.

i wonder what angle a new investor is taking with the company - is it just investment based on the current model and offerings or is there something different in the offering or strategic change in direction?

Has anyone contacted the company recently to ask whether they plan on updating shareholders?

I noticed all recent posts have been deleted - why? I don't recall them saying anything that it shouldnt

this doesnt seem to be trading on barclays

Auto correct - should have said ‘I think many people have had enough’

* stock market

Stick market has been crap last few years and AIM has just become a joke - I thought no many people have had enough to be honest. What makes you think Silver will be in short supply or demand in the next year or 2? Just intrigued

It would be nice to have this relisted - spike or not, can’t see it doing much worse than it is now, £150k market cap! Like I said before, most of us have mortgages bigger than the market cap of this publicly listed company!!! The only way it could do worse is not to relist but if that was the intention then I doubt we would get such enthusiastic contact back to us weee pi’s and so consistently.

So unless they confirm otherwise, i’ll go on what they say for now

Thanks for that - I am encouraged that on this message he did say that he hopes to update the market ‘in a few weeks’ - I don’t believe any time length was mentioned in any previous responses that anyone had and shared so I think it is more encouraging but until it’s confirned, nothing is for sure.

Nothing to be gained from being too negative and presumptuous, we all have money tied in here and at least they are engaging to at least respond to queries which is more than many aim shares in my experience - and certainly ones who are suspended! I think we should at least give them credit for that - although a formal RNS to confirm current status wouldn’t do any harm

Thanks Mate - i did contact them what feels like ages ago and they replied to say that the Board had every intention of getting the accounts signed off as soon as possible and commencing trading again - just feels like they should be in a posiiton to get their accounts signed off now that they have some bridging finance as i am sure that was the issue that prevented the auditors from signing off the accounts for them to publish; with bridging finance (which they tell us they now have) the auditors should be able to sign them off at least as a going concern...

Has anyone else contacted the company recently? Are they still positive?