Member Info for CTSFO

Directors’ fees.

Registered Office fees. These aren’t too expensive, but must meet CO2006 requirements.

Director’s Insurance.

Public Liability Insurance.

Pension contributions.

Accountancy costs.

Company Secretary services from 3rd party costs.

Legal and company regulatory expenses.

LSE listing and governance costs.

Travel, accommodation, and all other sundry, incidental, and regulatory costs in the US.

Debts becoming payable.

Monies to hand to allow ‘going concern’ sign off.

Anything I’ve missed.

GLA

This isn’t an FCA matter. This would be handled by the Registrar of Companies at Companies House, Cardiff… just up the road! Failing to file is an absolute offense, but tends to simply get dealt with by fining the company. A blind eye is turned to the Directors. Once a complaint is submitted against the Directors, it has to be investigated.

I don’t want to breed fear. I want this company’s shares trading. But if it goes wrong, I’m going after the Directors. A criminal record would absolutely feck them in the US.

If this does all “go south and the way of the Pear” we should request a Companies Act 2006 s451 investigation of Tom and other Directors. A group request to the Registrar of Companies would start the ball rolling. A quick check through all of past histories of the companies our Directors have been involved with, and forward on all the details.

Excellent spot btw Rob!

I was looking at it from a simplistic sp = mcap/total shares. If the mcap remains the same, the dilution should drop the sp. Otherwise a placing wouldn’t be feared. So that drop has taken place already?

Tricky. Excellent interview, an RNS has to come soon, but there’s a 33% dilution coming on Monday. Very tricky.

This piece from Coloplast is a little over a year old. It’s regarding a new factory in Portugal. Coming online in 2026. It sets out the development plans for a new production facility every 2 - 3 years. Following on from IntraVnus, I’m also wondering if RUA is part of the plan?

https://www.coloplast.com/press/press/2023/#section=Coloplast-announces-new-manufacturing-site-in-Portugal_659661

Tails, not tail’s. Your inadequate personality is surpassed by your nescient ability.

“ One thing for sure this share will be cancel very soon after 2 more moths that will happen definitely.”

So that’s the beginning of February. Under which legislation will the cancellation “happen definitely” please? Which governance body will be investigating and prosecuting / enforcing actions??

They have 15 days, from the date of issue of new shares, within which to update Companies House.

I thought the same about the finances of the company needing close scrutiny prior to the JV being signed. It’s difficult to explain why they have taken so much time. One for the AGM! Not sure about the regulations re accounts for due diligence vs accounts for filing post audit.

“ Where are the accounts when you need them ?”

Bit of ramping now…

Being brought up to date in totality, pending a buyout? If it is Tom on the Telegram group (personal communication with the company makes me think it’s a possibility), then.. it’s interesting that he had said they been repeatedly in contact with the FCA. It sounded as if this was an ongoing communication. The FCA wouldn’t necessarily need regular ongoing updates, unless something a little more complicated or unusual was going on. There could well be a JV or TO on the cards.

Right now I’m thinking it’s a binary play here. It’s either very good or very bad. The £120,000 at besties rates suggest very good.

The very bad means a collective letter to Companies House requesting a s451 Companies Act 2006 investigation and prosecution.

GLA everyone

But you can’t say goodbye. This is all you have in your small, insignificant, life. Enjoying causing unhappiness in others. As I said:

CTSFO Premium Member

Posted in: PPP

Posts: 1,253

Price: 9.55

No Opinion

RE: Gregorio8 Dec 2024 18:17

Rob, of course he can’t. He’s a social inadequate whose highlight, in an otherwise insignificant life, is to upset people. Imagine a life that empty. Aww bless him.“

*companies. Company’s denotes belonging to a company. Inadequate personality with inadequate knowledge or education.

NU ????? Talk to me…

Steve, what do you want an EGM to achieve? What would be the agenda items? The possible consequences of an EGM are huge. I share your frustrations, but wouldn’t wish to see harm caused out of sheer, understandable, anger.

GLA

What are your aims with the EGM? Removal of directors?

Good advice. Liars and criminals. I utterly detest them.

At least Affrm isn’t a blatantly lying cloaca like Gregorio. How many shares don’t you hold in PPP?