Member Info for countingcards

Fascinating to observe someone in real time inviting others to react to their own financial demise. Allan Sym breathing makes them feel he is dodgy!

They are on filter, but odd times when not logged in you get to see their self embarrassment and working their target posters slowly pressing their buttons.

Sit back and watch slowly the equivalent of a crash dummy in their own investment world hitting their own wall. Its a free lesson on how failures are repeated. Funny this idiot paid for it in shares to teach us all!

Jace

I recently had OCTP delist which was something I am sure the company was trying to avoid but given the lack of investment from institutions and the urgent need for funds to expand it was the best move they could achieve. I doubled up the holding before delisting which was the opposite of what many others would have done. They have spoken of relisting again down the road and that could take a year or maybe five and mmore than lilely not in the UK.

CIZ is funded for the forseeable future and not lacking funds so I cannot see any reason for delisting but a dual listing or moving to another exchange altogether which attracts the bigger funds for expansion cannot be ruled out. Thanfully its getting the right retail support from those who are patient, and understand beyond the day to day price what could potentially be the returns.

Like you I have a fear only that we may be bought out too cheaply.

Held on through to delisting as well. My only question was that if OCTP get bought out while private then we do we get stock in the new set up or just get paid what is reasonable to our current quoted holding? I am not sure if they will ever get relisted so trying to work out what is possible down the road. If relisted and with growth then that would be good too.

After reading the previous Edison note it made me decide to add going into delisting.

We could also state the company is worth £1.5m right now as MC, and it that is a steal to most, but I would think most would want to see revenues or potentially revenues as soon as, to then start considering a good value. I am willing to let this run into delist personally as it may be worth multiples or it may be something I can afford to lose.

Lemonhead2 this is the question I still need clarifying. Those who hold into delist, even though it will be a holding it will be untradeable, but if an offer did materialise, how would we be informed and what is the treatment towards current stockholders who will then be in a delisted company. I suppose its only a scenario that would ibe deal to get an answer for, as there is no confirmed or concrete bid otherwise that we know of to measure against.

What sort of news were you expecting chrishutch? Or were you saying that this news today was not needed?

As much as it would be nice to have that extra control over a personal investment, I am going to let this roll into delist without selling any and see where it heads. I am listening to the recent interview with Valentino Parravinci and do understand when he says they are under even more pressure to watch what they say when they are regulated and this area does need financing heavily plus a lot of patience. The markets sadly are not letting that happen and I am going to give them the benefit.

So if anyone was going to sell up they have till 5th July effectively to do so. If not then it means its gone into a vault state and only comes into play again if and when the shares list again on a recognised market platform. To then not pursue a matched bargain facility would not be an issue to the latter since they had no intention to sell anyway, but if they did need that facility then its is not there, in case. So then they have till 5th July to be forced out as the one safety net has been short term removed, with no guarantee. This then leads me to, if there is technically an indirect "force you out ploy" in play then........

Who has been buying over the last few weeks in large quantities and why?

Davey50, normally I would say your updates would not be necessary as a long term investor. However these are unusual times and as we get closer to D day your posts are welcomed rom me at least. Appreciate your intraday updates, as it tells me there are buyer/s hoovering up any loose stock all the way upwards from those not willing to hold through to D day and that is also understandable. I am expecting larger upwards movements over next week.

The rationale for me would be that if these guys deliver and there is very little room to doubt they will not, then there are a few larger players who will have no issue tying up cash for between a few months to maybe 4 years in the knowledge they will be returning multiples after that time, either through another relisting or OCTP getting bought out. There is a lot of exchange of stock going on at these level right now. Distressed sellers V buyers who want to maximise potential profits and get as much as they can cheap today. As we get closer and closer to D day the fun will begin to gain traction. I cannot see it closing at these level but more post placing of 0.5p and above.

When we delist, we as shareholders are no longer able to buy or sell, and we have to wait for the company to announce their intention to re-enter an exchange before we are able to have value restored.

However as delisted there is still the fact that we own a part of the company. My question is then if the company were approached to be bought out while not on any recognised exchange, and we were offered a fair value price on our holding, which then would have to be agreed to as we would still carry voting rights. This is possible?

Https://www.ingenucro.com/about-us

There is a clue on this page which is a possible why OCTP are going private. I don't want to say other than the price is still giving me the option to add. If I am right then, no issue with delisting.

Remember?

Appointment of Phase I Clinical Trial CRO

Oxford Cannabinoid Technologies Holdings plc (LSE:OCTP), a clinical stage biopharmaceutical company focused on the development and commercialisation of innovative cannabinoid medicines, today announces that, through its subsidiary, OCT Victoria Pty Ltd, it has entered into agreement with iNGENū CRO Pty Ltd (iNGENū), to conduct a Phase I randomised, double-blind, placebo-controlled dose escalation study to evaluate the safety, tolerability and pharmacokinetics of OCT130401.

Https://www.londonstockexchange.com/news-article/CIZ/holding-s-in-company/16465649

"My money is on a NASDAQ listing in Q4 2024" is not a ramp, its personal opinion.

If they don't come back onto an exchange then your long term hold for a few years will be over. So they do need to get back on an exchange at some point and apologies if you think that is a ramp.

TK44

I am not sure what your life experiences are, but your observations, draws your own conclusions, about someones personality and what their intentions are. I dont have to agree with them. You made assumptions whether right or wrong on someone you may have never met but from the outset, you never listened to what was said rather you observed what YOU wanted to confirm for your outcome. You could be way off the mark, you could be right, so you decide what is the best route for you.

You might be right that she could not care less about her shares, but you would be completely wrong in that she and the other BODs are not responsible to other shareholders. There are a lot of reputations on the line. You have nothing against say Jeremy Hunt who slashed CGT this year to £3000? which in turn stops a lot of people wanting to invest? which may have impacted stocks like OCTP, or nothing against the FCA for their continuous destruction of the markets with zealous rules? which again is the reason this company and many others are in this predicament, of not being able to raise finance unless making compromises which in other circumstances would make no difference? or the continuous pumping of economic finances into wars that leave people at home in a destitute situations with cuts being made everywhere to fund those wars. No Clarissas earrings being worth more than her holdings, is what made you decide, this is not worth holding.

Though no one likes money being tied up where you cannot get hold of it, at your own choice, its wiser to assess what would be the best option personally, and everyone has till the 6th June to decide.

Yes just watched it with subtitles as I am in a public place without a headset. I will watch again but my first impression was that its was pressed over and over regarding the position of current shareholders and each time it sounded like they will potentially go for another public listing down the line, once they are in a bigger position and it makes sense, as Clarissa said she will be as other directors holding onto their shares. They would not be wasting time in interviews like the one watched if they didn't feel confident.

So my take is that if this is true to its word and delivers then there should be plenty of buyers coming in who are willing to let their money sit for whatever time period and come back positive, if their DD shows growth. There will be sellers also which is natural but only those who need the money urgently or for whatever legitimate reason. No one should feel under pressure to make the correct decision for themselves.

The shares will be transferred out of the ISA and into another account accordingly to whichever broker you use. However you will not be able to trade those shares unless your brokers deals matched bargains.

It mind boggles me that a company worth lots more than the current market cap is this low.

They are traded on the OTC markets in the USA so not sure what bearing that will have here going forward as most holders are UK based and the shares I assume in the USA are under a different jurisdiction.

So a potential company worth a valuation of £27m could be picked up for £1m right now. It does make me wonder a while back there was a mass of buying and no movement in price, just what was happening, This has been rushed through for reasons. For the fun of it I am sticking around.

So this is for anyone with a HL account. I have this morning requested a contract note just as a proof that I made a purchase of the shares. However the shares will be moved out of the ISA and into a Fund and Share account which costs £1 to open or if you have one already the shares will be transferred out of the ISA and into it. The shares will not be able to be traded at any time and will sit there in the off chance that they come back on a recognised exchange again down the line.

UKtrader6

I understand the predicament here and that everyone has a different approach right now. I am in a loss on this but am willing to write this off for now in the hope that down the line it comes good again. This might not be suitable to others and they have to make up their own mind what do to next. It has been stated that a NASDAQ listing is a potential option for consideration then I am prepared to wait.