Member Info for bloch

In my opinion vote NO to all the resolutions. The directors warn of receivership if the vote on a number of resolutions is not carried. To hell with the lot of them. You are going to lose all your money anyway through a myriad of dilutions if the vote is carried.

Shukan - "Bloch I know this company very well" Yes of course you do that's why your money has been tied up in its suspended shares for nearly a year. Shukan - " I have met the BOD personally on more than one occasion and been to the AGM" If you want to know the real state of play on any AIM company the last people you speak to is the BOD. The company was admitted to the official list on 09/11/2015 how the duck could you have attended an AGM already. when a years trading is not even up. It is you that needs to be careful.

cassius - "Parkez, I think that we can learn a lot from the experience" parkez - "thanks, i,m sure we all will have learnt something from this" Both these statements are wrong and explains why people make the same investment mistakes and mistakes in life in general over and over again. You cannot learn from your experience. All you can do is make a judgement based on your past experiences which can be different for everybody. Somethings in life you can learn. You can learn to ride a bike, you can learn to drive and you can learn to swim. You cannot learn to invest. If you could none of us here would be doing 9 - 5 jobs for some of us here have been investing for many years in the case of myself decades. if you could learn from investing we'd all be in the Bahamas with MrBigbux. The trick to avoiding investment mistakes is not to rely on your own judgement for that is clouded by your own personal experiences but to rely on the judgement of others. Speak Later.

KNIGEKL You are partially right. The BHS brand name has been acquired by the Al Mana Group. However the ex BHS online business is still trading despite the collapse of the original parent company.

parkez - "what about the constant referrals to Apple" Apple was not the only company they mentioned. They also mentioned ties with Google and the BBC. The directors also alluded to talks with major broadcasters during Proactive interviews. Anything that could ramp the stock was used. I cannot emphasise hard enough THE STOCK WAS THE COMPANY. The company only collapsed when it could not issue any further stock. With regards to the spike it was not the nomad that insisted on the announcement it was the AIM regulators. The nomads are members fo the London Stock Exchange not MTV. The AIM regulators can hold the nomad personally responsible for the loss of investor funds if they are seen to be aiding and abetting a false market. The nomad ordered MTV to put out "no reason" statement to protect themselves. Had MTV disobeyed the nomad could have resigned and the end shareholders faced in 2016 could have come two years earlier.

parkez - "millions spent and years of development but i cant see what was worth all the effort and cash as yet." Whether selling Tablet TV or horse meat the purpose was to facillitate executive lifestyles. Six figure salaries for ten years. Pension posts as big as HM Treasury. Free trips to Las Vegas, Spain, Italy etc. Private education for the kids. Company cars, company medical insurance, the lot. That is what all the effort was for and it was worth every single penny. The end came prematurely because of the nomad resignation which meant no more access to your money on jam tomorrow promises and misleading statements.

parkez There is no definitive deadline for dissolution. Companies website or the First Gazette often says X months from such a date. It is not always the case. From your previous posts I can see you have read the administrators report. There are secured creditors owed millions. There is another list of unsecured creditors owed millions including Sanlam Securities the nomad £27k. There is list of shareholders as long as the third Heathrow runway. The administrator whilst still carrying out his investigations has concluded there is no money to satisfy the creditors. He is looking at things like the possible transfer of tax losses to certain secured creditors. Above all posters parkez your longing for hope touches something deep within me.

If anybody took the trouble to read the administrators report it is clear to see there is still a lot of work to do. The continual sale of the company's products has nothing to do with the PLC that is in administration and that may or may not be dissolved on Monday. All of its assets curently belong to the adminitstrators so trading of its products can continue as normal. British Home Stores is in administration but you can still shop online https://www.bhs.com/fashion/c/fashion

Once MTV PLC is dissolved Apple are free to buy up its assets or collaborate with those who own the assets without having to worry about 10,000 ex-shareholders. Of course that's assuming any assets ever existed in the first place.

shaa - "I stand to be corrected but under the imminient companies house ruling strike off, it doesn't effect our joint venture over the pond, does it?" Yes it does. The strike off means MTV PLC is dissolved as a company. It no longers exists and neither does any of its shares.

Main market stocks are treated like FTSE100 and FTSE250 stocks. The reason why SILF has entered the main market is because of what it is doing or more to the point what it is not doing. SILF has listed without a business. Normally the listing authorities would say no. However SILF has agreed to list on the main market which requires greater transparency and where there is more stringent reporting and tougher regulations. That is the trade off for being allowed to list. As far as the trading of the shares are concerned SILF is an AIM stock. The same day traders, rampers, derampers, chancers and market makers you find in AIM stocks you will find in SILF. In my opinion once the acquistion is complete and SILF is a bonafide company SILF will move to the AIM where costs are cheaper, there is lighter regulation and where the directors will be free to get up to the sort of shenaningans all the other AIM directors get up to.

cash2 The point also seems to be lost on you. If they are not listed on the AIM then by default they will not be subject to AIM rulings. My point was that the markets treat SILF as if they are an AIM stock. Indeed that is why you are invested here yourself. The market cap is low at £2.4m and that is even low for an AIM company. The low market cap leaves room for explosive growth. Their broker Optiva is an AIM broker. When it comes to trading the stock the same shenanigans and Market Maker manipulation that go on with AIM stocks go on at SILF.

Shukan - "point me to where it is listed as an AIM stock" No you point me to where I said it was an AIM stock. What I said was that for all intense purposes it is an AIM stock. A main market listing does not mean it is a FTSE100 or FTSE250 stock. All it means is that the company has agreed to a higher level of disclosure and reporting that's all. But the markets will and do treat SILF as nothing but an AIM stock.

I'm not sure why it has deleted the words after 100%. I used the term shares swap with the word 'exchange' instead of swap. So it must have picked up the last letter of shares and the first two letters of exchange. Anyway the conclusion should have read. I have no idea what is going to happen in the long run but the situation bears no relationship whatsoever to events at WRN. I do not see shareholders losing their money. What the shareprice is on relisting all depends on the details of the acquisition.

There is a load of rubbish posted about this company by so called knowledgeable and insider people. Here are a couple of real facts for you all. 1.Silver Falcon was granted a listing specifically for the purpose of acquiring other businesses. It has no business of its own and is therefore a cash shell. It would not be permitted to remain listed without the injection of a real business. This explains why all its costs are administrative and professional fees and not trading related costs. 2. People say Silver Falcon is not an AIM stock but is listing on the main market. Being listed on the main market only refers to the type of disclosure and listing requirements when it came to the Londdon Stock Exchange. The company has a market cap of about £2m therefore for all intense purposes it is an AIM stock. Its sole broker is Optiva Securities which is a broker to AIM companies. http://optivasecurities.com/ "Optiva Securities Limited is a privately owned company and a full member of the London Stock Exchange and an AIM broker." 3. On 05/08/2016 the company advised it was working on other acquisitions. It has no choice in the matter for if Lime fell through and nothing replaced it then it is highly likely the stock could be suspended come November 2016 one year on from its listing. RNS Number : 3216G 05 August 2016 "Whilst the Board is unable to update shareholders on the status of any negotiations at this stage, it remains confident that it can complete a transaction that will be beneficial to all shareholders" 4. The transaction for Lime has fallen through. In my opinion this is a good thing. SILF and FTE were suspended at the same time. Both on the premise of reversing into privately owned Australian FinTech companies. The directors of SILF would have noted the way the markets have treated FTE/BOS (microcap companies claiming to serve the FinTech sector) . The share price has halved since 30/08/2016. The fact that the RTO was a 100% ************** indicates Lime wasn't worth anything itself. Not only that SILF had advised back in December 2015 that such an RTO would have required a fund raising. So you would have been diluted on listing. 5. There are concerns the company might decide to shut up shop and walk off with the cash. This is not really possible. For 80% of the company is owned by PIs and there are no liabilities. Any dissolution of the company would result in the overwhelming bulk of the money returned to shareholders. Futhermore the directors did not list in November 2015 to throw in the towel in November 2016. 6. That they have remained silent since suspension is a good thing for it was leaks about the Lime negotiations that caused the suspension in first place. Conclusion I have no idea what is going to happen in the long run but the situation bears no relationship whatsoever to events at WRN. I do not see shareholders losing their money. What the shareprice is on relisting al

parkez - "its been very interesting with the ups and downs over the last couple of years" The ups and downs are related to your emotions. Emotions related to your investment and emotions related to other investors on this BB. Everything associated with this company for the last couple of years has been down. The only ups have been the securing of PI funds at ever lower prices.

SL100 - "I was invested in this company for a good number of years - I only joined this BB when things went severely pear shaped" You joined this BB on 17/12/2015. Is that when you thought things went severely pear shaped.These were just for 2013 alone!!! 05/12/2013 Issue of Equity 19/11/2013 Issue of Equity 18/10/2013 Issue of Equity 13/09/2013 Issue of Equity 31/05/2013 Issue of equity 15/05/2013 Issue of Equity 11/04/2013 Issue of Equity 22/03/2013 Issue of Equity 15/03/2013 Issue of Equity 06/03/2013 Issue of Equity 01/03/2013 Issue of Equity 18/02/2013 Issue of Equity 04/02/2013 Issue of Equity 29/01/2013 Issue of Equity 07/01/2013 Issue of Equity They then got smart. Well smart enough for you anyway and announced a £2.8m strategic investment from an institution called Bergen.

gorillacramp - "Co said they have £475,000" That is what I had noted. After directors wages, staff wages and the samples from the alluvial dumps are tested how much will be left. £475k is nothing at all They need further funding immediately and that is why Christian Dennis the stock broker has been taken on.

There is no excuse for this company going t*ts up unless others are intent on stealing it from PI shareholders.

The trouble with ECR is that at the moment it has no money to fund its operations. Whatever you look at it there is going to be further dilution though I suspect only after a consolidation. Although SC made an announcement about his sales I do not believe he alone was doing the big selling. From what I can see he got rid of about 400 million. A lot more than that was sold.