Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Suspect I have more SD shares than you GordoCFC.
Poor governance, toxic media coverage, court cases against "partners", board members facing criminal charges, small shareholders in open revolt etc etc - sell until the board is sorted out.
Since Ryanair have softened their corporate image, their profits have improved significantly. SD are behind this curve and are continuing to operate the "toxic image is irrelevant" theory - but there may be lessons to be learned from Ryanair.
http://www.bbc.co.uk/sport/0/football/34653785 "Sports Direct continues to litigate with the club in an attempt to enforce its wishes and demands. This seems based on the simple logic that Sports Direct can outspend the club in legal fees and thereby deal with the club as it pleases. "I assure supporters that the club will not be cowed by this threat and the recent lack of communication (as a result of the gagging order) belies the level of robustness with which the club's interest has been and will be protected. "Furthermore, I have sent letters to Sports Direct in my capacity as a director of Rangers Retail Limited taking them to task for poor business practices and corporate governance failures. "The club believed that it was entering into a joint venture with a large public company that would behave as a partner should and would conduct its business affairs in an appropriate fashion. "In my 40 years of business I cannot recollect having dealt with a public company that is run more like a wholly owned family business and appears unconcerned with other stakeholders - partners or otherwise. It remains my intention to ensure that Sports Direct is legally and financially held accountable for its failures." Sports Direct has yet to comment on the statement.
Until the boardroom is sorted out I see further trouble ahead - once a brand goes toxic - it goes.
http://www.bbc.co.uk/news/business-32144206 a company that was losing money, they now have the same company where the debt liability that had been incurred has gone." "At one level, to use a technical phrase, this all looks well dodgy," he added.
I think we will be selling season tickets over the summer - we will be fine. Oh and the rights offer when shareholders can invest - not before mind you - wait for the rights issue. Stop listening to deluded bigots like ill Phil - or your pretend cover as a bear might be exposed.
Still no trades....
BMc9749 - or that he may invest in different ways depending on the SFA outcome. If I was putting in big bucks I'd want a say on the board - if not permitted I'd want my proxy and perhaps different conditions attached. But of course the man who ponied up his own cash for more shares than anyone else must be skint - its the only logical conclusion...
The SFA won't prevent King - it's a lot chaff being sent up to make it look like they are actually checking stuff for once.
Whether I agree with that or not it's clear there won't be an announcement until DD tells PL to clear DK. As the transfer window isn't open yet I see no need to panic for a few more weeks.
http://www.rangers.co.uk/news/headlines/item/8912-football-number-one-investment "“To respect the processes of the SFA Dave will not be investing until we have him cleared by the SFA. "
Aqua - you should try reading the official site occasionally.
More than 20k more than were at the game at Ibrox on Feb 8th against the same opposition. We lost that game 2-1. Still if you say things aren't better...
ff - so why would the other 85% shareholders be interested in that ? That is straight from planet bonkers. You need a new guru - this one has lost a battery.
I still don't get how it even works -remember there is a limit to how many shares can be issued at a rights issue - 40% I think. King underwrites but with other shares not cash. Shareholders don't pony up their cash as its a duff deal - as underwriter he acquires the new shares but with other shares as equity - and no cash enters the club. And he's left with a club with no money and he owns the shares he had before in the other firm. So what do we use to buy new players ? Will FC Tromso accept a share certificate a box of shortbread and "Glasgow's Miles Better" badge for their 19 year old centre back ? So apart from the fans being up in arms, other shareholders poised to vote him out, the club with no money and him not being any better off it sounds like a genius plan.
ff- sounds like the deluded ramblings of a deranged whatjamacallit. The point of the offer is to raise £££ for Rangers and that only comes from shareholders giving cash to the club in return for equity in the club. Your pal's idea sounds like the plot of Richard Prior film.
Collyer Bristow claimed the same for a while jb..
Well we await the details ff - I should imagine it will be existing shareholders only - no need for a listing to for a limited rights issue - it will be up to shareholders to take part or not.
ff - the board have clearly said they are setting up an rights issue "in the next few weeks" None of the investors are going to lend us money in the medium term - they are going to invest for equity and I don't blame them. If you think anyone is going to gift us £20M for no equity now just to sit in the bank you are likely to be very disappointed and in my opinion very unrealistic.