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A bit like opti but without the patents and the customer tie in that comes with biopharm Yeh right.
So, ARs dad had the good fortune to get warrants in BS did he? Wow thanks for the honesty, but why when and how? Then there's the little matter that the fund raise is needed to pursue other opportunities outside oil and gas but not Big Sofa. Wtf is going on? More questions than answers this morning.
Fair points.
This company always surprises me. The letter is non-binding and the EGM is to sanction looking at non-oil opportunities. So why suspend? To avoid market volatility? Wow, there's a first! Anyway, I will vote yes to that but I look forward to reading the Reynolds business case as well as independent analysis before voting yes to this particular option. Also, it would be great to have some views on the competitors posted here to stimulate informed discussion. Those who prefer faith to reason will still be welcome to pray to St Adam, for verily we are a broad church.
How about Independent Press Standards determine that Sefton guilty of doctoring evidence in malicious complaint against national newspaper. Is that new news to you because it will be news to the US judge when Jim Ellerton briefs the UScourt dealing with Ellerton v Sefton over there. No moral high ground for Sefton after that gets an airing.
700k for 17% of the company on a crowd funding last year. Problem is to know how much that was a PR job in preparation in order to create an inflated price tag.
I agree but it shouldn't go through full stop. This isn't what was promised by Adam Reynolds. It looks to me as though he is making the best of a bad job, held back by the others on the Board. Delay plus shoddy deal is the result of unresolved conflict at Board level.
That was biopharmaceutical and this is IT. Enterprise Video System Management is going to go the way of Enterprise Document Management Systems. There is no patent protection and it's a free for all. They may or may not have assembled a world class development and consultancy team but there is no guarantee that they will stay together or be bought out by a big boy like Oracle. Their EVSM solution has been around since 2011 when they said it would be big in five years and it isn't. This looks like a deal of the desperate to me. No wonder they suspended dealing as this would have plummeted.
There are still three of the old Board versus two new directors. The next bright spot is the AGM when another two of those three have to go up for reelection. It would be nice to see them resign first rather than do a Peter Sztyk and wait until the votes have been counted before stepping off the Boardroom gravy train. AGM by end of July according to the law.
More regulatory capital needed...never mind what RJ says.
Perhaps now that he has done his crony deal with Colin Bird at ORE AR can turn his attention to sorting Einchcomb, Sztyk and Polikoff out. It is as. shame he didn't give this the same priority.
Who signed off on the accounts? Why, not one but two dorectors Adam Reynolds and Georges Sztyk both. At least Turney and Pointy can claim to have achieved that lol.
Still got 3.2 m and looking for a new Board but .1m of that will be spent on fending off the Action Group again presumably.
You need 10% of the named shareholders to act together to call an EGM. The problem with action groups is that they almost all hold their shares in nominee accounts.
Talking about paying back, still no word on the AL Maram advance fee scam. That's 1.5 million dollars someone owes the shareholders for starters. They can take that away if they like, having first paid that amount into the NEW bank account fir st of course.
I hope your name is on the share register otherwise he's likely not to reply. You could always get your broker to ring and ask of course.
Is that HeresHopin or HeresHopkins? Perhaps not. After all, Hopkins offloaded all his SER shares onto his little blogging pal Williams.
Moved his smokescreen campaign to twitter it seems. Before this bb stops working, did anyone else pick up on Dave's running Superman joke? Stryker not Strangeways was my fav.
I'm not sure that the British Virgin Islands are particularly hung up on the niceties of declared business areas. Fortunately the Requisitioners have access to the best BVI lawyers (Williams) money can buy so finding a way around it should be a breeze.
To all those trolls who attended the AGM, please pass on my thanks to Andrew Shephard(?).