Member Info for Bigun2

A few months to many years. However if the new BOD are genuine then could be sooner. Best to forget about this for now and move on to another investment.

Maybe Shard don't trust the new BOD either so have sent in the adminstrators as soon as they could without notice. This forces the new BOD to restructure or fold. I guess we'll find out if we have invested in BS soon enough...

That's inflation for you...

IMO I think we need to look at the bigger picture, what is really going on, not the current little picture. These court cases are all about biding for time i.e. for the real grown ups to come to an agreement. Otherwise, as I intimated earlier, this company and indeed this board would have long gone.

Don't believe the reliance of hydrocarbon extraction will wane, especially natural gas. Hydrogen will be seen as the environmentally friendly energy source for the next few decades at least. This keeps everybody happy especially the SM's and the powerful people that run them...

Not necessarily and not in all cases I believe. Winding up order by creditor is one such case I think.

https://www.begbies-traynorgroup.com/articles/rescue-options/what-happens-when-a-company-goes-into-administration

They may have only just been asked to pick up the ball... new administration and all that.

IMO, though interesting, these court cases are just side shows. Once the GG gets assurances from Uncle Sam regarding mega investments and security for the future of Georgia then, as I have said before, everything will be plain sailing.

Just think for a mo. What other company in the world would've survived FRR's history and current situation.

A default on payment that should've been paid by 6pm yesterday. Administrators then automatically notified. I'm assuming new BOD knew nothing of this so guess they are having a very busy weekend trying to sort this out. I still expect a temporary suspension on Monday until sorted.

IMHO.

If you go to section 12 of the Companies House document Charge PDF on that page it will tell you what is probably going on.

I expect a phoenix to emerge from all this starting next week

Binman has probably asked The Company to pickup the ball again Phil.

IMO once the Georgian gov get assurances from the US gov then everything will be plain sailing...and of course the BOD has been completely changed out...I vote Dust Mop to dish out the Xmas prezzies :-)

Should also be very interesting to a few local journo's that read this board...

Is that Russian?

Lucky - what was your previous monika on this board? I've noticed you've only got one post.

So what should you do 720? Get everybody to sell before the anticipated solution to feed your massive short???

You really don't get it do you? Your attitude incentivises other grown ups to do samething elsewhere especially with AIM companies. Your attitude and the like has allowed AIM directors & CEO's behaviours to PI's decline more and more over recent years. The FCA has no teeth so whre else do we get support...each other.

But don't worry as the "Beer Glass" brigade believe you will see a very attractive return and they will assure you that they are being "realistic!"...

Spineless!

Once you had the time to digest it , to certain extent yes I agree. However, generally, where there is not clarity that pertains to ambiguity (in this case with respect to warrants) logically there is confusion.

What about the promised value to shareholders stated in previous RNS'? Where is that value? Where is the trust? Where is the FCA?

Don't be naive, don't expect clarity. The RNS' yesterday were carefully crafted to legally and commercially confuse the great unwashed...