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Hello again. I still think my theory is pretty close to the truth, Amit is a real life Walter Mitty with multiple personalities and the inability to control which personality is foremost at any one time. It seems he slipped into the Business Entrepreneur personality again some months ago and had convinced himself he had sold the Business for a fortune and after informing everybody about the sale he probably had a drink of coco and suddenly remembered that he's a famous explorer so caught the next plane to Africa and he's currently strutting around the darkest Congo with his karki safari suit on. it might be years before we hear from the Business Entrepreneur again.
You still haven't got it got it guys have you? my money and your money has gone, there is no product, there is no sale, £270.000.000 only exists in Amits mind and he believes it's real too because he's a Walter Mitty., If I am wrong I will come back at xmas and give you an unreserved appology and I will get some some money back, will you appologise when xmas comes and goes and see nothing?
Thanks Albert I thought it sounded to good to be true, I'll just hang on to the shares I've got and wait to see if this company ever does hit the big time, good luck to all who are riding it out with me.
The RNS dated 2 December 2021 states "As part of the transaction, it is proposed that the Company's existing share capital be re-organised such that:
Every 750 Existing Ordinary Shares be consolidated
into 1 New Ordinary Share of £7.50"
At this current share price 750 shares can be bought for £4.50.
I have held shares in this company since the days of Armstrong Ventures and currently sitting on a huge paper loss but I'm reluctant to throw any more money at it. Are they really offering shares at a £3.00 discount or is this another one of A.M's fantasies.
NAPSTER GROUP PLC ORD GBP0.01
Event TypeDe-Listing
DescriptionDelisting, Consolidation and Demerger
Consolidation effective date: 26th January 2022
Consolidation basis: 1-for-750
Demerger completion date: 27th January 2022
Delisting date: 28th January 2022
Market affected: London Stock Exchange
Trading restrictions: The last day we will be supporting trading in Napster Group plc shares will be 21st January 2022
Napster Group plc has announced a Corporate Restructure comprising a Consolidation, a Demerger, and a Delisting. Existing Napster Group plc shares will first be consolidated on a 1-for-750 basis, effective on 26th January 2022. Holders will then be issued 1 new share in Napster Music Inc. (NM Inc.) for every post-consolidation share in Napster Group plc held. These NM Inc. shares will be classified as restricted and will not be listed on any exchange initially, although the company intends to seek a listing on the US NASDAQ exchange in the first half of 2023. Finally, Napster Group plc will cancel the listing of its shares on the London Stock Exchange from 7.00am on 28th January 2022 and will re-register as a private company.
ISA Accounts
Due to restrictions imposed on ISA accounts, unlisted shares are not considered a qualifying investment. Therefore, you have until 21st January 2022 to either a) sell your Napster Group plc shares through our regular sales process, or b) instruct us to transfer your Napster Group plc shares to an Interactive Investor Trading account. Instructions to transfer the shares from an ISA to a Trading account should be made by phone or via your online account by selecting Cash & Transfers - Transfer In - Internal Transfer: Account to Account Stock Transfer. Any shares on which instructions to transfer are not received by close of business on 21st January 2022 will be sold by us on your behalf at zero commission and the proceeds of the sale credited to your ISA account accordingly.
Trading Accounts and SIPP accounts
Please be aware that due to the way in which the NM Inc. shares are being issued, there may be a substantial delay before these can be credited to accounts. Once issued they will not show a price or a value until such point as they commence trading on NASDAQ. As Napster Group plc shares will no longer be trading you may choose to sell your holding prior to our last day of trading listed above, although please note that if you do sell your Napster Group plc shares you will not be eligible to receive NM Inc. shares.
Sonos Radio HD launches in Germany
The premium version of Sonos Radio will also be available in Germany. For 8 euros a month you can listen ad-free and in higher quality.
(Image: Sonos)
Sonos now also offers its radio subscription in Germany: Compared to the free version of Sonos Radio, members of Sonos Radio HD get several radio stations in CD quality with 16 bit and 44.1 kHz. In addition, the advertisements are omitted from the membership.
Sonos Radio HD costs 8 euros per month in Germany and Austria. The HD version of Sonos' radio service had already been launched last year in the USA and the UK. In Germany, it has so far only been possible to use the advertising-financed free version, which is still available. Sonos Radio HD can also be tested for free for one month.
Sonos
Sonos S2 needed
To be able to use Sonos Radio HD, you need the Sonos app S2. All Sonos products must also be compatible with the S2 app. The free version with compressed audio quality can still be used with the S1 app.
In Germany, Sonos Radio has been in the summer of 2020. The offer includes over 60,000 individual channels and is based on Napster and TuneIn. In addition to these radio services, Sonos also produces its own content. These include stations curated by prominent musicians such as Radiohead frontman Thom Yorke. However, Sonos Radio can only be played on Sonos speakers. At the launch of Sonos Radio HD in Germany, Sonos has also announced the channel "The Lighthouse", on which Brian Eno presents unpublished works.
(dahe)
Someone earlier said it needs to be sorted by May, what is supposed to be happening in May?
Yes my ii account is also showing 0, what are LTH's thoughts on averaging down? I may consider it once I've heard what the company has to say about it's plans and prospects. As a LTH myself I currently have 1000000 shares at an average of 0.44
Apologies if already posted
https://www.**********.co.uk/articles/alien-metals-drills-first-hole-at-donovan-2-ahead-of-schedule-94eaf5a/
The last paragraph of the letter said " On the response Date, assuming sufficient interest has been received from shareholders the Acquisition Consortium have confirmed that they will engage with brokers and registrars who will then contact you to handle the practicalities required to implement the share purchases and make payment to you" My guess is that they have given up sending letters out because no one that they have contacted so far is willing to part with the shares.
The letter said they were making the offer to holders with less than 3 million shares
I find "Investegate.co.uk" very good. If you click on "Todays Announcements" it shows the RNS for all company's as they are released (Keep refreshing the page)
We could call the club " descent resources", sounds about right
Me too Speedy I'm currently 91.41% down and wrote this off years ago.
BenAlder. Contact details contained in the letter.
Consolidated Growth Holdings
Commerce House, Wickhams Cay 1, PO Box 3140, Road Town Tortola, British Virgin Islands.
Andrew Groves email ag@cgh-limited.com
also registration@cgh-limited.com
Live silver price USA . https://www.kitco.com/silver-price-today-usa/
I'm convinced we are deliberately being held between 1.05 and 1.25, as soon as we head towards the top of the range the 1 million and other "round number" sells begin, as as we reach the bottom the "round number" buys begin providing support. I posted this link back in October because for me it explains who is doing the manipulating and why. https://stockcharts.com/articles/wyckoff/2015/06/accumulation-phase-absorbing-stock-like-a-sponge.html