Member Info for Dave73

They cant just cancel a trade when it suits them otherwise we would all do it , I would like to cancel loads of mine and buy in now but you cant. The broker will request stock from YA if they fail to deliver then a buy in process will begin at some point , it used to be 3 months probably less now , been away from it a while. Once a trade has been struck with the MM's they will normally only cancel if in their favour otherwise its a buy back like a normal trade and these will be closed against previous naked sales. The LSE can enforce a buy in normally at the request of the buyer if he is not getting his stock within set time frames. I still do not understand how all those trades were cancelled and why ??could be the MM's playing games and possibly under orders , they are the only ones that can cancel trades not the brokers without agreement from the MM's. Hope makes sense

Just for the record I doubt very much there are any share certs involved with YA they will have an electronic holding within Crest (settlement system) and if they dont deliver either way then the LSE will eventually buy in against them via their broker , unless of course they have managed to borrow the stock for delivery. This will need returning at some point as agreed with the lenders. Also would not expect the MM's to go cancelling trades unless prior agreement which is unlikely. They would need to trade out the position i.e buy them back.

They have already told me no , asked earlier.

Thats what they called it , got a reply from YJ no video link will be made available. Shame.

Have asked YJ if possible we could have a video link to dial into for those that cant attend , would be nice to get an answer one way or the other. Good to watch SN at the Atlantic Council in years gone by. those were the days when we had 202tcf 's and Georgian independence.

Thats correct but they did say they must have paid otherwise an RNS re share issue should be made. In my eyes this is not conclusive and must ask why ?? time will tell , bored with it now , enough said on the subject.

How about clearing this up once and for all "Did we pay the August monies or not on time" Simple yes / no answer please , no more smoke and mirrors , and if not why not ? shareholders deserve to be informed as we have helped fund this campaign . Thank you

August payment would be made 16/8 approx and Septembers made 16/9 approx.

Would think they would want to put this to bed very quickly as don't suppose they want this going to court and uncovering their practices ?? Bite the bullet guys and close it off.

Said it a few times that this has to be made into a film with a tongue in cheek theme , as the best bit will be Coggy selling his book starkers in Woolies window and TW put into the Big brother house to talk tactics with Nick leeson about the next sting.

YJ Would you kindly give official confirmation that the August payment was made and on time as this is still an open issue. I know you said it would have to have an RNS if not paid but that is not conclusive on the AIM's market and also wtih Frontera's history. Thank you in advance.

Its not really a bill as such its the Company debt which is of interest to us all , and like I say they should remain consistent. Because of non disclosure we are all now unsure if we did pay or not and YA's actions seem to suggest we didnt pay ?
I expect all will be revealed very soon

They should remain consistent in reporting cash paid each month as this does reduce our liabilities, its not hard to do and free if they just put it on twitter , to announce the first one and then not anymore is wrong in my opinion weather it requires an RNS or not , what are the advisors paid for ??

I agree it needs clarifying either way.

Unless payment was held pending dispute ?? still an assumption , would like to see it properly announced otherwise we may have defaulted ? Why have they not made it clear , ? makes me wonder , after all this is FRR.

I dont think YJ said they had paid , they said they should have otherwise an RNS should have been issued , so by default we are assuming they paid ?? so why not announce they did ?? I dont think they have as mentioned earlier.

Look out for the magical number ending 84120 in case they pre sold the other amount also , still believe they have already bought back the 82077412 over the last few days or close to it.

Lots of dodgy dealings going on here , come on ZM blow it all out the water with a T/O value 25p per share. You can then YA off out your loose change and Outrider also.

you can sell short but normal stock borrowing would apply from those who hold ,would cover those shorts , thus the call back from one of the brokers yesterday. Yes is the answer but not illegal , but also very dangerous.

If YA have breached any regs then we should be able to sue them for loss/earnings on shares , unfortunately I dont think this will be the case.

Unless it was in the agreement then shorting is not illegal in this country , I would guess they have mucked up expecting shares when it was our intention to pay cash , but as usual we are still unsure if we paid it , still working on assumptions as no clarity from FRR that money was paid. I dont think it was because YA pre sold shares and that the money was held pending investigation.... just me guessing , as we always do.
What ever sounds positive to me.