Member Info for Coldspy

missed the top riser, dam. Well done

interesting. Not really a speeding ticket is it

Look at the buys and delayed buys yesterday and today.

Very hard to buy.
Easy to sell

Good luck all. Hope it flies for you all :)

Well done

9p paid

chunky delayed buy

At work so cant watch properly

into Auction

Flying up the riser board now

any volume

So much blue in a short time.

Look at the late trades yesterdy, someone knew.. ?

I'm in!

Good luck!

Broke some rules. Bought first then researching lol

Quiet buying going on here. 200% up overnight in USA

Morning All, I presume charts go out the window when an RNS like this pops up :)

Any thoughts on this one Lakshmi

Sale is planned for the second half of the year

So either it will be a sale of MTMY as the parent, and that would leave a lot of money leftover after paying debentures (which would be distributed to shareholders), or sale of TI.

H2 2019 so at least 6 months time. Plenty of time to make other changes to the business. Start up other revenue streams etc

They've got cash in the bank right now,they're hardly destitute.

MTMY told the BH holders in the presentation

Accept it or risk losing everything..

'Walking in the proposed outline, by its very existence, ensures the flow of significant external capital from the shareholders and control of the property
Yielding risk, thereby reducing the risk to bondholders and creating greater certainty against the alternative
This will allow you to start a structured sales process'

' Metomi's management presents an outline that, assuming its existence from Tommy, will be the controlling shareholder of Internet Team
▪ Metomi's management believes that its plan is in the best interests of all interested parties, especially for bonds and includes
Significant capital inflows from the main shareholders
▪ The existence of the proposed outline will only be possible through a comprehensive arrangement of all interested parties (shareholders, Rainmaker and holders)
The bond
▪ Implementation of the plan is contingent upon the granting of the exemption
▪ Therefore, the Company calls on bondholders to support the proposed outline and thus enable it '

Risk analysis - going to break up

The Company believes that the proposed outline is beneficial to bondholders
▪ Going to liquidation immediately brings all stakeholders into long and complex legal proceedings that can not be predicted
The results
▪ Rainmaker and the legal paths in their possession, including the option to return and take proceedings against subsidiaries abroad
▪ Risk of losing Internet Team as a company serving the debt
▪ Shareholders and analyzing their commitment to the letter of support
▪ A lengthy discussion on the grounds for liquidation
▪ A liquidation process will result in the loss of control of all interested parties in the process, including bondholders
▪ Possible shocks to the asset and loss of knowledge resulting from the appointment of a position holder

I'll take you up on that Spike :)

If it's ends above 9p I win?

Hopefully after I get a few in the morning

Spike, being the conservative chappy that you are, what value would you put on TI

Also, if you wouldn't mind, how do you reach the conclusion.

As Flightman said, you can buy some (more) in the morning although watching out for the auction ;)

$13.5m for final 10% We paid $18m for previous 10% Company making $20m dollars per year EBITDA Id say I was being conservative..

We buy final 10% of TI

And wholly own a company worth $100m minimum?

Let me go check the market cap again...