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Hope there's some money left
Any rumours on the telegram group with regards to what's going on?
It's a total farce...RDGC have been trying to do a reverse takeover of a company that can't raise any money. They are basically afloat due to our money otherwise they would have gone bust. Why would you in invest our hard earned cash into a company that can't raise any money, it's irrelevant how good the technology is if you can't bring it to fruition due to financial constraints. I just hope it works out with Galapagos cable. It's been a long painful ride as many will agree. I guess we will know more on the 11/01
I just hope something comes of this investment. There's not much money left and time is tivking
Https://www.londonstockexchange.com/news-article/market-news/annual-report-notice-of-agm/16227974
Didn't they say we would be updated within a month...so I'm assuming we'll get some info next week
Theisger got money in F2F and RDHC have CLNs...If we ask for our money back...that will have an impact on theisger investment...a bit of a catch 22 for him. I hope he's not thinking about himself here
I guess we are waiting again until September
Well at least it's not dead ...
Im guessing the CLN will have been deferred otherwise we would have heard something, not that they have to let us know
Download the app..type rdgc and it'll come up..394 members...but admin will probably ban you straight away...
Is there any information on the telegram group about what they have decided with regards to the CLN.
I hope we get some information prior to the 31st of March or a day after...I just hope they get the RTO started then we can have a breather. I'd hate there to be another spanner in the works. I think we have had quite enough of that...They need to get this going...it's been a long time coming to say the least
https://www.londonstockexchange.com/news-article/market-news/company-update/15818846
It's under updates on the company's investment in f2f
"The September 2022 CLN, which is unsecured, was due to be repaid by 31 December 2022. The board of Ridgecrest (excluding Robert Thesiger) has, in light of Fast2Fibre's current funding situation, decided to take no action in relation to the September CLN until 31 March 2023. On 31 March 2023 the Board of Ridgecrest (excluding Rob Thesiger) will need to consider whether to: i) convert the principal amount of the September 2022 CLN (and all accrued interest) into a minority interest in the ordinary shares of Sparkledun at a price of £32.05 per share; ii) demand repayment of the September 2022 CLN; or iii) take no action. Should Fast2Fibre fail to close its equity fundraising in the near term the Board of Ridgecrest (excluding Robert Thesiger) will need to consider it options."
Do you think we'll get any snippets prior to the AGM...not long now anyway but I was expecting some communication
Did you hear anything for somewhere Johnny
Any rumours on the telegram group
What was the vote regarding terrier