We would love to hear your thoughts about our site and services, please take our survey here.
Crossing fingers and toes Spike
Should have been the same could happen here if no RTO before suspension date
Spike Not that I am invested there but if you read ABAL they suspended automatically after 6 months and then an RNS landed the same day day saying they are in advanced negotiations in relation to an RTO with a Fintec business so they have a further 6 months (4.5 months now) to complete it whilst being suspended. The same will happen here would be great to get news before suspension though.
6 months to suspension but 12 months to delisting so another 6 months before delisting to complete the RTO. Any news update before the Auto suspension would be great
Nice surprise when I logged in today...I am a little delicate after attending the East Midlands Property Awards last night so seeing interest return is good news and crossing fingers for some more good news soon.
Thanks I don't own a business so not sure of the timings for submissions etc
Yes I think we are beyond that, but I thought Coeur's accounts were due in December as they shortened the accounting period?
Winds me up seeing trades that appear like a code....makes me want to become a market maker to understand the dark arts .....probably just bored investors?!
would be nice to think that the BoD would provide an update (even without huge detail) before auto suspension
What dreams may come
So last one for me for the evening I have also just spotted that Coeur Gold Holdings director resignation of Wilfred Koh Pit Che has just been appointed to Goldfields Holdings Ltd I brought up this company and sent a link when we were in the midst of 'gold fever' as George Richmond set this up some months back there was also a link to the other director Wang and a document in relation to Dragon group or Coeur singapore where he was also named from memory....so that may also still have legs!?...my head hurts need wine! have a good weekend all
And having posted all that I bet we get an RNS on Monday with Coeur Gold Holdings named! haha
Yes I spotted that but he is still a director according to their website so maybe resigned and is now a non shareholding director? But the link is between Allan Syms being or having been a business partner of Phillip King I did say it was tenuous...
https://mypinpad.com/licentia-mypinpad-closes-15m-usd20m-series-b-funding/
https://mypinpad.com/company/#board
https://www.apcl.com/team
https://www.apcl.com/investments
https://www.dentalcorp.ca/site/about
https://www.dentalcorp.ca/site/blog/2014/07/28/imperial-capital-and-optrust-partner-with-dental-corporation
https://www.dentalcorp.ca/site/blog/2018/06/07/dentalcorp-completes-us-debt-financing
Strategic Partners ....just not enough space to finish that off
I can post some web links if people are interested
So Allan Syms and a potential Health link I have found the below its all publicly available and is just a theory so a general rule of thumb that can be followed for start-up private businesses with ambitions to become public is
1 Idea
2 Business Plan and Investment
3 Product Development and early commercial deals
4 Operational
5 Stage A funding to cover salaries and product to market
6 Stage B funding to cover scaling up the business to gain a market share, become competitive and expand regionally, nationally and/or globally and develop strategic partnerships.
7 Stage C Funding when proven successful these final stages of funding are sought to enable companies to seek acquisitions and or is the last stage of its cycle before Listing either via IPO or alternatively maybe used as part of an RTO?
So how does BOU fit in
Syms joined the board in May and RTO Health Sector RTO options were muted.
Syms is a Director of Mypinpad. Who are they? They are Fintech start-up that according to the press release on their website secured £15Million of Stage B funding in October 2018. Stage B funding is usually used for scaling up the business and expansion.
£15M is a nice little pot of cash to grow from so what have Mypinpad been up too with this cash since? well in addition to developing business partners such as Clik which has transformed the Asian payments market they have also expanded globally employing key personnel and opening offices in New Zealand and Sweden.
Who funded this? Asia Principal Capital provided the readies to Mypinpad. Who are APC? They are principal investors who provide strategic capital deep sectoral experience and strategic counsel to founders of emerging technology, HEALTHCARE and disruption assets. They scale companies and accelerate the creation of value and position for founder and investor wealth creation. Who sits on the board of Asia Principal Capital? Philip King… who just happens to also sit on the board of Mypinpad, so a connection with Syms.
So having secured Stage B funding nearly a year ago and having expanded globally what next for Mypinpad and Asia Principal Capital? Stage C funding may be close ready for an acquisition or an IPO so Mypinpad can list and Asia Principal Capital can make their exit… maybe via an RTO onto the markets via BOU and then using the increased cash and investment from floating to pay for the exit? Or maybe it’s another Health biased company linked to Asia Principal Capital that might be looking to list such as Dental Corp (also on APC’s website) who are a private Healthcare Dental business also undergoing fundraising completing $121Million in 2014 and $908Million corporate funding in 2018. Currently a Private company they might also be looking for a listing via RTO? So if APC are invested in Dental Corp and there is a link at director level between APC and BOU there is a tenuous health link?
How does Antos fit in well maybe he is using his contacts to help develop stra
RMR I might have joined up a few dots from publicly available information which we were aware of and has been mentioned on this board but might not have been fully explored previously. There are some links to Health and Disruptive Assets. I am in and out of meetings today and I have a networking social in Birmingham this evening so I may not get a chance to post my thoughts although I don't think anyone will know for certain what the target may be until it is announced ....which will hopefully be soon!
How did you get on with the AGM voting results? If you are still interested and have not spotted them they were published on the BOU website 8th August.
Sometimes people may need to sell due to factors beyond their control, a change in personal circumstances where spare investment money is needed to pay the bills etc
Sometimes many of today’s ‘want it now’ generation will want to chase a rainbow rather than having the patience to wait.
Sometimes people just get bored and during this boredom play out all sorts of risk scenarios and decide the risk is too great and they withdraw their investment to invest elsewhere.
Everyone has their own reasons to do something in life and ultimately everyone is responsible for their own actions both in life and any decisions they make on investments whether good or bad.
Each to their own for better or for worse. I am still confident that good news will come and will remain invested until I decide that I no longer want to be invested whether that be in 4-5 weeks, 6 months or 6 years.
And until then I am patiently waiting.
I posted on Friday companies house filing of Bould change of address not RNS’d yet
Agree Mr Cards that echos my thoughts and for me shows some progress.
Adrian I’m not concerned about suspension if we are suspended with news and an RTO target is identified suspension holds absolutely no problem.
However I remain confident that moves are afoot and look forward with optimism.
I don’t think the address has any meaning as such admittedly I have not had a scout through the businesses there so there may be a link with a little digging.
But the positive I took from that is that why change the address now? does that mean changes are afoot and news incoming soon?