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Ztr666 take a look in the Vantage account. It may also be called Fund and share account. That's where my own got moved. Failing that give them a quick call. I am confident you will be directed correctly.

Milli hope you are ok. With this one its one more down and two more to go in suspension with the main one still playing hide and seek.

I am not saying if it is Accustem or not on the other one, because I really don't know but there is a strong case for it. Too many similarities going on.

Well pleased that RLD is back from Wednesday. Hold for Gold.

Look at what Accustem get is the more important issue. A competent set of directors from BOU who keep shareholders updated when they feel like it. We should be grateful they have really gone out of their way to tell us 'healthcare' Not many other directors take that much time. If Accustem have no rush to list then BOU is the perfect vehicle as it has kicked the can regularly. Which reminds me anyone checked with a small mirror if our major shareholder is still stealing oxygen?

https://www.rte.ie/news/business/2020/1113/1178026-greencastle-acquires-lovin-media-group/

John Quinlan, CEO of Iconic Labs, said, "We have watched the success of Lovin Media from afar and admired its unique position in the Irish market as a key voice in lifestyle and entertainment. We are confident that Lovin Media will benefit from our extensive resources, specifically by having access to both an in-house production team and our in-house data, insight and planning. Having recently taken over JOE and Her Media and now factoring in Lovin Media as well, we are creating something very special here in Ireland and are excited at the compelling proposition we will present to our readers, partners and clients."

The last four posts tells me all I needed to know. Thanks Mr51k poster, and also new poster. Do not bring up ICON as its not about ICON. Must keep readers distracted till Monday morning, I get it guys, wink wink. I get the feeling Monday onwards is going to be a really bad day for most who missed out and now got caught with their pants down seeing that after hour RNS.

"No idea why it warrants a TR-1. They’ve only increased by 20m."

I got it totally wrong assuming they would have sold out totally, so apologies. Instead you need to look at the RNS. ATOM72, there was no word citing a correction on the RNS so it goes to, why did they announce after hours? What effect would it have had on the price if they showed this prior to close?

The next issue is they we are talking about only £3k worth of shares roughly been bought (20m shares to take it up to 940m). Its not the amount that is important, but the name attached to it, EGHOS. The name everyone has come to detest, but without whose money ICON may not have been able to get to here in the absence of nothing else being stumped up.

Now they announced 2.95% previous and so still remain holders, so the next questions is why? and the answer is from todays RNS.
"The Company is also announcing today that it has brought to an end any further issuances of Ordinary Shares to European High Growth Opportunities Securitization Fund ("EHGOF") and has agreed with SMC, pursuant to the terms of the Facility, that the Company will not enter into a transaction with EHGOF for a 3 year period"

Now this is becoming a little clearer. EGHOS have gone back above 3% not because they had some cash stashed behind the sofa or because of a mistake, nor because they now believe the turnaround. NO! Its because 3% will qualify you as a shareholder on the register, and its just a wild guess that this was enough for them to agree to partake in the recent Placing. That placing raises £747,000 of which will be a way of clearing down EGHOS outstanding debt, who again my guess have taken part in the placing. You cannot do that at 2.95% but can do once over the 3% threshold. I could be talking out of my southern regions but I have so many theories and none seem to be making sense.

SMC have got guarantees that EGHOS will not be approached for 3 years if that. So now Shard have guaranteed their own investment is safe and not going to be diluted to kingdom come. EGHOS have had to stump up £3k for a reason (anyone want to say my take is wrong, I will be glad to hear anyone elses take?).

All decks now cleared and come Monday this also has now makes clear,
John Quinlan, CEO of Iconic Labs plc commented: " I am very pleased that following hard work we are now able to follow through on our commitment to replace the EHGOF facility with more conventional funding. Many shareholders have told us that this was critical in their view, and it is great to be able to deliver the news that they have wanted for so long.

Do you think he just said that to waste time?

I did say that by the calculations done earlier that by at least tomorrow given that EGHOS were selling 249m per day average weighted for the last 23 days and for the sake of consistency they will be done. They should be out even without need for a further TR-1 notification.

It seems a few have also seen it and have taken the ride early, while some are still trying to work out whats happening. Technicals now back up what was said and the late rise, the same. So more than confident now that the seller is done, but for the sake of confirmation others can wait respectfully. Positive close tomorrow will confirm the re-rate is underway and there is a weekend before Monday open.

By reading the pack you know how the next deal will be dealt.

They are not obligated to release any further TR-1 once they go under 3%. However they MAY release that they 'no longer have a viable holding.' It remains at their discretion. The market will assume that anything under 3% is insignificant. This case is slightly different as the market will want reassurance they are of the books totally. It was good of EGHOS to detail they were under 3% since they were not obligated to even do that.

By my calculation (from yesterday's post) it means another 498,743,960 further shares have been sold by EGHOS (average weighting) since last announcement (Nov 10th). This would mean a further 421,256,040 to go, or in other words all done by TOMORROW. Both the above add up to 920,000,000.

They have either completely sold, or are near done. Whichever 2.95% is insignificant, but that there name is on the registrar is what concerns potential buyers. Watch for the clues.

Guys did a quick calculation on this. I am always looking for potential targets.
EHGOS SELLING
Oct 9th it was reported they had 6,655,555,554 shares remaining.
Nov 10th it was reported they had 920,000,000 shares left.

That’s means 5,735,555,554 shares have been sold over that period.
This would equate to 249,371,980 approx sold every trading day average (23 trading days between both Tr-1 notifications).

Given they have 920,000,000 to sell and given they are selling at an average 249,371,980 per day, it can estimated that they will be done (if it is a worry to some that they need to see EGHOS completely out before believing) another 3.68 days. This would be then either Friday or Monday coming.

The trading and chart will be the clues

thanks my friend I will do as soon as I can. thank you.

Neilin Top man. Thanks for that. Hopefully this will not play out on the subs bench for much longer.

After 387 days since suspension, two autumns, a winter, spring and summer, one national lockdown, one election, and many other personal and world events,

new tomorrow?

https://www.bloomberg.com/news/articles/2020-10-24/coca-cola-european-said-in-talks-to-acquire-coca-cola-amatil

Coca-Cola European Partners Plc, the world’s largest independent bottler of the storied soft drink, is in talks to acquire Coca-Cola Amatil Ltd. to expand in Asia Pacific, according to people familiar with the matter.

The talks underscore how soft drink bottlers are under pressure to consolidate as the popularity of sugary drinks declines.

**Good for BERM as their potential markets shows they are increasing.

To be fair wkworld I am involved in another RTO which announced a suspension back in May 2020 and could be back within a few weeks. Target was announced and the directors do not want fees they are owed but rather want stock. One of them has even forwarded a £100000 loan which is interest free and also wants it back as stock. I think they are hinting what will happen hence why stock over fees and loans. This is an example of excellent communication. Here it is saying avoid the brokers and nomads involved with a barge pole in the future in a similar situation.

As it stands this is supposed to be an investment and investments are supposed to grow and give reason not to sell too early. If the people involved cannot do the obvious and we have all been patient then yes they should come clean. With the money I invested here I would have been minimum 20 bags higher by now elsewhere, if not even higher. That is what is annoying and biting at me, and will not come back. So if this comes back at the same price as the suspension then it means its failed.

Honestly if this was back and 20 bagged it will be like " well I suppose that's kind of acceptable" because anything less than that is a failure given the time taken loss of ISA status, and also many lost opportunities giving first loyalty to this shower.

Marko all wrong,

Congratulations are in order. One year suspended is not something to just brush under the carpet and the suspension continues. Its a great achievement in a time when healthcare companies have been multi-bagging. They have decimated the holders of ISAs which is another major achievement. Lost opportunities elsewhere, what more can a holder of BOU ask for? If you see a small magician offering magic beans and name sounds like something in a countdown conundrum avoid them. For they speaketh from their secondary orifice!

Repeating My Daily Mantra:The news was vague again, but promised'exciting' then the next day there was a game of musical chairs where they all ended up in the same house! People coming people going, but what was the link? was there a link? The only link being a piece of paper which was signed by Ali Baba? Not sure about the Baba as it was very worn. Baja? no idea will keep testing till I get a solution. So I Detect, there is a link, but I will wait, and keep Repeating My Daily Mantra.

Meter is ticking

** maybe helpful to others**

In the 18 months from June 19th 2019, additional consideration could be due if photonstar is disposed off or listed. That will be 50% of additional proceed minus costs for professional fees paid to BOU.

We also get a settlement agreement of 50% research and development tax credits, if Photonstar Technology receives it. As of Dec 2019 the loss was recorded as £832000.

They had 8 board meetings through 2019, with the aim of keeping costs down. In 2019 the following:
Allan Syms got paid £18k
John Treacey £28k
Martin Lampshire £20k
John Freeman £24k (he got £51k in the year 2018)
£3k was social security costs.
Cost of staffing in 2019 was £93k

They spent £275k as an expense on the proposed transaction for the identified target company.

Charges related to Photonstar was £201k in 2019, (£44k for VAT impairment charge, £157k intercompany loans within Photonstar).

In 2018 they had £2k in the bank and at the end of 2019 they had £378k. They raised £1.2m during 2019. This means £828k has been used up on various issues during 2019 including the target RTO costs involved.

"Management is optimistic that the Proposed Transaction and associated placing will complete"

Almaretta Pty Ltd (a company controlled by the family of Mr Nealon) has agreed to provide a $100,000 working capital facility; and

-- Management has successfully raised money in the past.

This is as good as done, but its a game of patience now. Within the coming weeks is acceptable.

If it ever got to that price (1p)then I will be adding significantly. Fiandp88 too many people make decisions repeating the same set of conditions. The outcomes are always the same, the behavioural patterns always the same, the end game is blamed on others. "1p I think" is in YOUR head cashers, and "I can't see solvency till summer 20212 is AGAIN in YOUR head cashers. Its safer there while some of us are not swayed by irrational fear.

Fiandp88

It could not have been put any better. Its been a long wait to find a potential decent investment and there are a few out there if one looks. I actually want this not to go up and I wanted to add! and yet sadly I will not get cash across quick enough to do that, but will add no matter on the way up to a certain cut off point. Results today cleared a lot of legacy issues out and I am certainly with you that once this selling is done the price will shift pretty quick into a new range. People have to understand that when you have gone through the pain 7dig have then to win new business you will need to be a bit compromising on new contracts to gain the confidence and build a book. Margins initially may not be excellent but its about building the name and interest. I observed another company last year doing exactly this and was written off by many but spiked 12 times higher cleaned out a disastrous debt position and is now on the road to profit. I missed it because a lot of cash is locked in three RTOs but not going to make the same mistake with 7dig. People can sell if they want and wish you all the best but sticking around for a while yet.