Member Info for countingcards

Https://find-and-update.company-information.service.gov.uk/company/14891840/officers

"The Government will fund £2.5million via the National Institute for Health and Care Research, to improve the test, making it faster and cheaper. Scientists behind it have set up startup company Xgenera to roll it out,"

Excellen reminder to get my washing done tmorrow.

I was estimating that the Strategic Licensing and Partnership Agreement for North America would be announced around 9th October, so this is a welcomed update.

TK44

Not sure who your brokers are but if its HL, then what happened in my case and few others was the holding was moved from the ISA to a Fund and Share account. As I didn't have one previously, it can be opened with as a little as £1, which is only to get the account live and active for the transfer to be done later down the line when it needed to be. Hope that helps. If you do have a HL account then give them a call and I am sure they will get it sorted for you.

Not interested in the shareprice for CIZ because its being influenced by lack of big buying, due to the rules being imposed on investing in the UK. Its hit markets and I believe its intentional, due to external forces. However the buyout price down the road for CIZ is the bigger potential, and that is nothing the everyday market will have control over. Not many will have the patience to swait for that, or be around should that occur. So long as CIZ continue to do what they do within their budgets and finance then its all on track.

28 August 2024

East Imperial plc

("East Imperial" or the "Company")

General Meeting and Creditors' Meeting - Appointment of Joint Liquidators

Further to the Company's announcement on 12 August 2024, East Imperial, the former global purveyor of super-premium beverages, announces that:

1. a general meeting of shareholders of the Company was held virtually on 28 August 2024 at 9.00AM and passed as an ordinary resolution that the Company be wound-up voluntarily, and passed as a special resolution that David Rubin and Asher Miller of Begbies Traynor (London) LLP be appointed as joint liquidators; and

2. a meeting of creditors was held virtually on 28 August at 9.30 AM where the nomination of the joint liquidators and the basis of their remuneration was agreed unanimously. It was further agreed unanimously that no liquidation committee be established.

Application will be made to cancel the Company's listing on the Equity Shares (Transition) category of the Official List, and shareholders will receive further information directly from the joint liquidators referred to above.

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

“this is definitely not the business most people thought it was going to be.” ‘most people’ comes across as the writer themselves creating imaginary support to back their claim and the only forthcoming would be from their own alto ego joeybloggs.

very emotive individual who is finding it hard to suppress whatever it is that is hurting. the blogg character vents their real side, and the tt character is the one who tries ever so hard to be someone else, bright, intelligent, appealing to the universally challenged, all the while giving the impression of being disingenuous.

they are beginning to sound like a *****en crisp every day!

wait!! they had 3m at one time but now only £1000? even if those 3m were sold for 0.1p loss that would have generated a loss of £3000. so what on earth would you be holding out for now? admire the honesty though! lol

TT

Do you know what that makes you? You cannot go around making accusations, and then conveniently brush it aside and ask me to ask the person YOU are accusing. You don't want to be thought of as a lowlife do you? I am sure you are better than that, so enough of the emotions and accusations.

We can safely say then you jumped to a conclusion and that therefore we are safe to take anything you say as an opinion and not fact.

Techtonic

"You were already an insider when you were posting after being offered shares in the last fundraise"

Its normal for YOU to now provide proof of this, not for Neilin, but YOU. You have repeated this a few times, and so being confident, provide the evidence you have. Guesswork and assumptions are not applicable. If you cannot then stop with the insecurity.

TL82

Thanks for the advice. I looked up on Trustpilot for the reviews on BT and I was shocked. Loads of 5/5 especially from clients or those they have worked on projects with. However, and this is interesting, that those who have been waiting as creditors or shareholders gave 1/5. There is nothing in between like 2,3, or 4/5. So I can only deduce they are bigging themselves up with the 5/5s, while the 1/5s are actually trying to get the truth out there.

I have been sent a message to vote for or against the liquidators and I have voted against their acting as liquidators for EISB. The whole issue has been a complete mess.

So my guess now is that INL must have confirmed a breach had taken place and believed that their total amount owed was never going to get paid back. Creditors' voluntary liquidation is confirmation for me that shareholders will get nothing back and that what is left will just about get the creditors at least something. INL must of have thought something is better than nothing, but the speed at which this has been done is why I am suspicious of the whole episode.

Today 11:43

RNS Number : 1080A

East Imperial PLC

12 August 2024

12 August 2024

East Imperial plc

("East Imperial" or the "Company")

General Meeting and Creditors' Meeting - Proposed appointment of Joint Liquidators

Further to the Company's announcement on 31 July 2024, East Imperial, the former global purveyor of super-premium beverages, announces that the Board of Directors met on 9 August 2024 and concluded that the necessary steps be taken to place the Company into creditors' voluntary liquidation.

Accordingly, it was resolved, inter alia, that:

1. a general meeting of shareholders of the Company be convened to be held on 28 August 2024 at 9.00AM to consider and, if thought fit, pass as an ordinary resolution that the Company be wound-up voluntarily, and pass as a special resolution that David Rubin and Asher Miller of Begbies Traynor (London) LLP be appointed as joint liquidators; and

2. a meeting of creditors be convened to be held on 28 August at 9.30 AM where decisions will be sought from the creditors to decide on the nomination of the joint liquidators and the basis of their remuneration, and whether a liquidation committee be established.

Both meetings will be held virtually and formal notices of both meetings have been sent to each respective shareholder and creditor of the Company.

The results of these meetings will be announced on 28 August 2024.

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

Found this an interesting read

Risks For A Director Of Closing A Company Prematurely

Risks for a Director of closing a company go both ways. There are risks for not closing a company and going into liquidation. There are also risks for a director personally going into liquidation. This article will consider both angles.

For a director concerned about the risk of closing a company down and going into liquidation, the reality is the risk of not going into liquidation generally is greater than the risks associated with actually going into liquidation.

Few directors are likely to opt for insolvent liquidation as a choice made with haste or prematurely. It is perhaps the last thing they would wish to do. Most directors would much rather try to save the company rather than prematurely shut it down. For those reasons, there would be few (if any) cases in which a director has been successfully sued for prematurely putting a company into liquidation in breach of duty.

The risk of course, if a director prematurely shuts a company down, would be a loss of an opportunity that the company might survive and avoid insolvent liquidation with the benefits of future success that the company may have.

Putting a company therefore into liquidation prematurely is an unlikely event, rather like the prospect of a liquidator meeting a happy creditor. It generally is axiomatic that it does not happen.

Correction:

Reported in May 2023 for the year ended December 2022, so no idea what the position is now.

Now that the liquidation process is potentially underway it will expose any wrong doings and if found it may still lead to legal actions, and this is not the best times to be a director past or present. You never know what might turn up on the books.

Reported in May 2023 that Net assets were £3.19m, that after current liabilities and non current liabilities were deducted. No idea what they are now due to the silence and long drawn out path to liquidation which to me now looked planned. TB will not if I am right be able to be a director in the UK for 5 years and will be barred from being part of anything remotely associated with East Imperial going forward.

Very surprised that a placing or open offer was not done as we are talking around £2.5m, even though I respect it would have been heavy dilution, but the directors were of the opinion based on their last comedy video that break even was around the corner . I do not believe for one moment that any rescue package was undertaken and that there was another plan away from the UK being hatched. Straight to liquidation before even attempting administration is again suspect.

INL that's name to remember for the future.

I appreciate your efforts Neilin. I am going to be reading through this tonight. Interesting that this was from 2023 so very recent. Have a good weekend.

Neilin

I would be grateful if you can confirm if the document was 179pages or more? and a date for it? I only ask as I may try and locate it through various sources. Many thanks.

Also no idea why TT you don't directly speak to Neilin with your concerns rather than in the third person. Its insulting to others as it gives the impression you are attempting to influence others to your way of thinking. Neilin on one side CIZ on the other as two different entities , but you have merged the two as one and the same! I am pleased a few of you now see this as BS because you might just get what you deserve while the rest get what they deserve for being patient.

Https://www.londonstockexchange.com/news-article/CIZ/manufacturing-agreement-with-bbi-solutions/16573761

I sent an email which didn't hide the frustration. I was not expecting any reply, who would after that, but just to make them aware that facts are pointing to an exit strategy being planned for sometime. In fact in one of the last interviews done with TB from the get go, he was asked if EISB would be abandoning the LSE? to which he laughed and said no. My issue was why was that question even asked? It seems pretty relevant now and you wonder whether some were in the know or heard rumour and threw that out there.

If I so much as find out a director from any company I invest in has a grand mother who is from Australia or New Zealand in future I will exit. This is the fourth company with dealing down under that has cost me, and now I sadly have lost trust. There seems to be an easy route to capital here and then run for cover.

I wish to be wrong but where we are has made me write this one off. However down the line I will get an answer, even if it means flying out to meet those responsible when the time is more convenient. It will be worth it and value for money.

INL are a strategic partner and great working relation, and they pull a stunt like? Either all parties knew what they were doing or going forward INL cannot be trusted nor can TB, because someone is not telling the truth. Business is built on integrity and I see none here.

FF

So when it came to market it was market capped at 253m shares at 10p, giving £25.3m. You think that therefore a fair price given everything that has happened since and going forward short term should be priced at 6.3p, based on the current 396m shares divided by "say £25m." I hope you are referring to the short term because right now we are knocking on the door of 2p which is still below the last placing, and the 10%'ers are getting over excited.

I am sorry but I have to agree with Jace that anything below 25p would be unacceptable given the forthcoming timetable and how long this has been on the market from 10p. I say this in a nice way but you seem to have been blinded by the current low price and 25p is just too unimaginable. When you break it down it becomes more understandable.

Good point about the next few months Jace. You need tons of patience in this situation.

I guarantee they either make their money back or will hold out of greed and sell for what they paid as they are herd controlled hence why they ended up here by accident rather than through researching and leave in a similar herd controlled fashion. No way are they going to make a life changing amount.