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I think they have already got themselves in a pickle.
I think having a "barbeque " at the meeting is taking it a bit far?;)
Fair point mate. Just fact they were highlighting Should the Proposals be voted down, the Directors will be forced to consider the viability of the Company's future. So of course I thought I'd highlight they have raised £500k in 3months??? I mean it could be a genuine error on their behalf?? After all they raised so much so quickly they maybe forgot they had just raised? And did it again accidentally??? That's probably what's happened...liz can you raise £200k please...and there's probably 2 liz in the office??? And they've both raised the placing??? Probably get it all sorted Monday. Easily done. We can all live happily ever after.;)
My hobby is numbers. And you reveal without understanding what you have revealed. Don't worry I'm not posting on other stock telling people to buy here. I also told people to be brave Thursday night but counter acted that with people have to do what they decide as no one knows anyone's financial circumstances. We were told Friday we would get a 30% drop in sp??? Still waiting for it. Those who have forward sold placing not guaranteed...£500k disappearance in 3months ... And think the threat of "administration" will cow the pis back in to line nerd to realise a simple point. They have no financial investment in the co. So think they can commit fraud and not be touched??? Well I've always believed if one has invested their hard earned then they should get personal if others are committing fraud and think they can get away with it. RBS got done for rejigging people property portfolios stress tests and then bankrupting the business. So with all their weight/ firepower they got caught. You think you guys are bigger than rbs and will get away with it??? It just means I have to pay to find out where £500k went in 3months and did directors do their fiduciary duties???
Lol
Nomlunga. Not told anyone to buy. But you can keep telling people to sell no problem.think you've come about 2 weeks late 're rampers. I bought yesterday cheaper than placing price. And only got to wait till Friday to see vote played out. But if I wanted could allow you to sow fear...re comment 're administration??? So I could buy cheaper???? Lol so a company raises £500k in 3 months...and the advisors are spending money like no one's business. And administration beckons ??? Really??? And the fraudulent theft of co. Funds??? And forward selling placing??? Think some people need to take care they don't lose their jobs/reputations/homes/ freedom???
Agree 're contrarian investing. Hence even with my posting Thursday night to give people strength. Some sold. So I bought at below placing price. Happy to now wait out vote. We will have cash shell. Have rto asset. Now got to wait a week or two???
Point of story? The scared ones sold last week. I got early to work yesterday morning waiting for this mythical 30% that never happened. Only managed to buy after I think 30minutes plus. Afraid to say your now left with guys who waiting to see the colour of your eyeballs??? Still time as my pal used to say " to belt up and behave ureself"... otherwise lonely world when those personal lawyers letters arrive and can't use umbrella of organisation...remember.... fiduciary duties;) don't forget fiduciary duties;)
So already sold stock they dont have??? And how many offloaded from 0.016p??? 0.015p???A meagre 25% to 33% from 0.012. And run for the hills??? Lol my last neighbour was In his business and they came to rob him. He jumped across counter to confront them and they ran away. I had to console the old chap as a he was mighty upset. I mean he had ran after them outside and told them to come back and Rob him but for some strange reason they kept running away ditching their balaclavas and weapons....whats that all about he asked me..;).
Lol...life is a game. Funny after all these placings no holding rns??? My simple take is if none of the previous placings guys could hold for 10seconds. Then more of the same again? And re: antos if he knows plan and is happy? Then votes will be carried no problem? N'est pa s? So what's problem??? All the guys who were going to be scared out sold this week??? With family we hold shy of 300mill. Happy to sit and let it play out.
No they are not as not 1 single hold ing rns apart from antos and gleddhow. And the rest of placees are peterhouse clients who have flipped their stock??? They need to get round table with antos who has asset and agree director change and get this rto done and dusted asap.
The ones who came in previous peterhouse placings have sold their stock.otherwise would be getting holding rns??? The investor with asset and wanting to invest and do rto I repeat is the one being diluted out by peterhouse who are knocking out stock at 30 to 60% and playing rinse repeat. Answer simple get investor with asset on to bod and they can settle how much they need to place etc etc job done we can all go home.
Your missing key point. The investor with the multimillion pound asset is being diluted to shit.so your end point ie if he cant get a decent stake they will leave and sell their stock...is exactly reason stopping this dilution to take his stake from 21% to 14% to then 7%???? Why would he bother???
Mates taken 64mill. Will be added to no votes 1 and 4. Right busy with day job. Let me know if we get the mythical 30% drop????
Well I've got ready for d day and can't buy ...and there you have it.50mill taken out.
Rkb
Funny I was told world ending today??? Strange still alive and nice weather in Glasgow ie no rain ;) Dave you have to make your own mind up. Those of us who have done research and happy to take on this battle will be staying till the end. No free money in this world. Irg went from 0.06p to 0.6p in 3 hours!!! I had 20mill shares. You can see I was on bb when few posting. I'm staying put ...the bod can get out of dodge city as this is a rough town and have to be prepared to put your life on line. Gl all have a nice day. I will look in. But until bod change rns or bring a respectable chap on bod and not their goons then they aren't going to get an easy ride
I have been speaking to RKBeekeper last night and as he has been to quite a few AGM’s he believes there was no need for Thursday’s RNS. RKB predicts with confidence that Resolution 1 will pass and this is in his opinion not a problem as it sets the scene for the new BoD. Resolution 4 can only go ahead if Resolution 1 passed but Resolution 4 will fail as there will be more than the required 25% of all votes cast so it will fail. Resolution 4 failing just means BoD don’t have authority to issue shares on a pre-exemption right and if the CURRENT BoD still want to issue shares (along with Warrants) then they first have to offer new shares to all existing shareholders along with warrants (if they are attaching Warrants) When a new BoD is installed they can decided if they want to have a new type of pre-exemption Resolution but what private investors would have achieved is preventing current BoD from taking over 90% of the company for their own greedy selves
With no vote in. They have already issued a threatening rns? Why? They know pi fall at first threat. Problem they have is Antos has 750mill odd and it is his asset??? If he votes down 1 and 4 then they have been caught with hand in till. They dont own cash shell as they knocked out all the cheap placings!! We do!! And they don't own asset antos does....so sorry what do we need them for??? We own co. And antos owns rto asset... Directors are meant to be our employees????
They're full of shit. First they want authority to issue another 5.3bill...then say we haven't any thought to raise more placings it's to cover the conditional ones already rnsed previously??? So why ask for such a huge authority??? They are lying crooks...and the bod are being puppetered by peterhouse... Otherwise what have they spent £500k on in 3 3months??? Did they buy 10 £50k mercs??? Obvious if viability of co. At stake.... First things first..get rid of the dead wood??? So whoever's been eating through £500k in 3months chuck them out head first.tell them we can't afford them...the funny thing is if anyone read the rns when last ceo left???he got 120mill share prices at 0.02p and Freeman for 120mill for unpaid salaries....so same question if they didn t get paid in cash where has £500k gone in 3 3months??? The 5bill they would burn in under 3 months...so first vote is ditch these expensive charlatans posing as directors ...if they were true financiers they would be getting placings away at 0.1p or worst case 0.05p!!!! Not at this criminal level!!!
You're forgetting something antos has been diluted from 21% of co. To 14% of co. If the new shares are admitted he will have to take 14% of the placing to retain his stake. Bear in mind he has bought his original stake at a much higher sp. So if you place yourself in his shoes you expect him to bring an rto assets after he has been diluted from 21% to 14%??? And threat is he goes down to 7% And you say you are playing safe??? There is no need for new shares at mo. It's like someone getting an elderly aunt to sign away her will while she is signing other documents. There is no need for 1 and 4 for rto to happen. For me antos walks we lose everything...lol and you think by antos walking we have have won??? We end up with peterhouse who will pack up their suitcases and run b4 we can get to the office!!!