I spell one word phonetically and you mock me. How petty bourgeois.
Next time I take tea with the Board I'll be sure to pace the message on.
As I understand it, they have called it already but they can actually issue the paperwork themselves next Thursday. Let's hope the hold it in London so more shareholders can attend.
Yes, yes but what about Cannes, what about the due diligence on Big Sofa and where's the Egm to get rid of the old directors? Once you've got those out of the way then that's the time to go hunting for the bigger fools.
Looks like everyone's stopped for a bit of quiet contemplation in these challenging times. Meanwhile, the Board has eaten up 12 of their 21 days. Yum yum. Earliest we can have an EGM now is 25 July and latest is 29 July or 22 August if you ignore the 7 month account rule. Back at Big Sofa Ant must be chillin with da homies 'cause it's gone deathly there as well.
I'd get my dad and his lodge mates to invest in a crowdfunding start up, let him and his mates award themselves some warrants then take a year to tell you the detail. Knowing what I know about you lot, I'd tell you I'd done due diligence but I wouldn't actually bother. I'd just inflate the value and prospects to get the market juices flowing by using the usual suspects on social media. Then I'd post on here that I'm buying. You'ld know it was time to sell. Bonzer scheme eh?
Ah, you're back. How was Cannes you old roaring lion you? Did Big Sofa pack 'em in at the exhibition stand? More to the point, did it make any sales? Oh, and did it sweep all before it in the self nominating beauty contest? Thank heavens the tickets and the accommodation were discounted otherwise they might need to be back for another loan.
Fair enough. On another tack entirely, has anyone else seen that both our heroes, Nick and Adam, are taking a bit of a ****ging from shareholders of London Capital Group (Nick) and Oregon Gold (Adam). Adam seems to be having a dress rehearsal with Galileo playing the part of Big Sofa while Nick is practising being steamrollered by a controlling party.
Have you not read any of the CPRs for Belize? It was always a gamble with long odds. Jack Grynberg passed this gamble on to Bill Kelleher as a favour to get Bill out of his financial hole. It's valueless now and it was never worth much. The only thing NEW is good for is the cash and the shell. You are grasping at straws man.
You don't do shareholders justice. Since BK left both Fred Hodder and Peter Sztyk jumped before they were pushed. BK is indeed in California but his is a civil not a criminal offence so no hauling back to Jersey to face justice. Not for failing to pay back the rump of his loan anyway.
I disagree. Big Sofa is a negative too. It does not and will not inspire anyone who is not already tied in to holding NEW. We need something to inspire new shareholders not a pension fund for directors' cronies, which is clearly what's on offer. We need a company that is bigger and better than NEW not weaker and as just as selfishly led. Whatever were Adam and Nick agreeing to? No wonder the old Board, with all their faults, resisted it.
Only one loan has a sum outstanding and that's Bill Kelleher's to the tune of a 100k. The Sztyks paid of theirs by salary sacrifice. It shows the level of connivance or incompetence of the Board that Kelleher was allowed to stay on as a consultant then leave while still owing money. It wasn't as if no one knew about his history of not paying back loans. Racing yacht anyone?
Not impressed with Big Sofa then? Video curators are the new oil barons don't you know. Or is it gold miners. Or pharmacists. Well whatever.
Corruption and lack of transparency are states on the same spectrum and both need to be challenged whenever encountered in financial affairs. Thanks to you though for raising the C word, I would never have been foolish enough to have used it on here even if I believed it to apply to this (still only) potential transaction. Readers might reflect that there may be a better deal to be had if the real players know they are being closely watched. Premium members do please report that sentiment back to base.
Big Sofa, the best they can say is that it's better than doing nothing and it would be better still if it were "Clean". It isn't "clean" because of those Reynold's warrants and the long time business relationship between Reynolds Senior and Paul Clark. Worse, it has no history of operations nor any clear or unique capability. It is a puff of a company with no substance to it but hey Adam can turn anything around, so let's not keep ourselves awake at night worrying.
Ant1968. Try and keep up. It's something to do with the much advertised nwog purported requsition. Best you get on to Twitter and let your new mate Simon at Big Sofa know what's obviously coming. He'll be ecstatic to discover that the sell out to Reynolds and Son is going to get a lot easier soon.
Love to chat to you two premium members but I have an honest living to make. More banter this evening maybe. Their plans, by the way, are very much in the here and now.
Come on, you can do better than that. Am I an idiot or a sophisticated corporate deramper? Or am I both? And once you can bring yourself to think about playing the ball, let's have something that could pass for evidence of potential from you shall we?
Not as good a deal as Reynolds and Son, Mr Clark and Mr Back are planning to give themselves, you can count on that.
I draw your attention to the pitch that they gave to potential investors this time last year. They gave out their actual turnover, predicted turnover, competitors and what they think makes them different. Feel free to DYOR to confirm the detail but remember they didn't mention their two closest rivals. For that you need to spend 5 minutes with a good search engine.