Picto - you didn’t post ‘proof’. You posted that your version of events are different than mine. That’s not proof.
Why not stop changing the subject and talk about the company for a change?
What are your thoughts on the strategy of WHET and why do you think there’s been a communications blackout for almost 9 months?
Why did Britdaq remove the company from its trading platform?
Loads of interesting and relevant topics to discuss but somehow there seems to be reluctance from some posters.
Manifesto - there’s no way anyone can be sued for stating an opinion on a public message board.
These empty threats from someone who claims to be Darren Chapman are just a tactic to disrupt any discussion.
The same as the apologists on here who refuse to discuss the company.
They used the coronavirus yesterday as a reason! For them it’s anything apart from actually looking at the company’s current trading position and next steps.
Picto - we’ll have to agree to disagree on this one.
Anyway, you’re complete denial of the facts regarding WRN and Whet aren’t in any doubt so that’s something everyone can agree on.
Why are you so reluctant to discuss your investment?
Picto - I don’t have any need to lie because I have no agenda either way.
If I get something wrong then I’ll acknowledge that and if any of my opinions about the agenda of certain posters or the strategy of the respective companies proves to be wrong then I’ll admit that as well. However, at the moment every suspicion I’ve had about the companies and their intentions has proved to be correct.
All I want is an open discussion on the pros and cons of this investment (which is what this board is for) but you seem totally incapable of that.
Picto - you commented at the time of the compulsory liquidation that it could be a positive development as it got rid of the pension liability.
You have also failed to acknowledge the failure of both WRN and Whet’s respective BoD’s lack of corporate governance.
Your lack of transparency completely mirrors the actions of these companies which is why I suspect you are involved with them.
I maybe wrong but it’s very suspicious that a poster refuses to acknowledge the facts here and continues to spin every negative.
Manifesto - you’re wasting your time in trying to engage with Picto as he even said that the compulsory liquidation of WRN was a positive development for shareholders.
Even if he is running on free shares, even he can’t deny that the Whet board haven’t treated shareholders with any respect regarding their complete lack of comms and corporate governance.
If posters’ true identities were revealed I’m almost certain it would show that he’s one of the ‘team’ involved in WRN.
The company just needs to be transparent.
The confirmation statement is a start but the BoD need to issue a statement to inform shareholders why the company was removed from Britdaq and they also need to issue a trading update and ensure the accounts are filed on time.
These are basic corporate governance steps and should be adhered to.
I see that keepreadingup was on the INFT board in February 2018 desperately ramping Whet and being very ambiguous about WRN’s past!
He conveniently forgot to mention that the company was in court appointed liquidation but I’m sure that was just a oversight.
Selection of posts below:
Tip while we wait for this17 Feb '18
Im a holder here so I wanted to just help anyone out that is waiting for this to come alive. If you remember wrn went from 4p to 2.60 but then suspended due to the rangers court case and other matters. A new company called whetstone has now listed on britdaq the same platform gate was on and went sky high before the Nasdaq. Whet has been trading a week now and has gone from 4p to 21p was at 26p but some traders taken profit. It may be worth looking into people as I know that there will be investment deals announced next week that we’re going to go through wrn but are now going through whetstone the new Compamy. Get in now as the company hasn’t just been set up over the last two years to stay in the penny’s trust me I’ve be involved in this for two years and have more information on this than any of shares. I’m sure it will follow the same rise as wrn did.
RE: Tip while we wait for this19 Feb '18
I would just hold as news is being released this week on the deals that have been worked on for some time. Whet will be completing the deals that we’re going to be done through Worthington. I’m hearing this share price could go above 250p in no time as one of the coal deals is outstanding.
It was none other than ‘PhiloBeddoe’ who used to post lists based on £5nav and $2b of assets and read the projections and promises in the various RNSs as fact regardless of how illogical they were.
He thought the team were able to acquire $2b of assets using loan notes and there would be zero share dilution as a result.
He was either completely stupid or 100% complicit in the ramping of both WRN and Whet as he was still spinning the same line on other boards for Whet.
He hasn’t posted in LSE in almost 4 years.
What about the others who wished Doug a Merry Christmas just after the court appointed liquidation was announced!
Picto - I’m sure the Crown will be delighted that you’re keeping them updated with their upcoming investment in RAP.
After all, it absolutely no use to current Whet holders as the company is going to be struck off unless the BoD act to complete their corporate governance.
I’m certainly not delighting in shareholders losing their money.
If you look back at historical posts, there were loads of people on here warning potential investors of the risks involved in dealing with some of the characters involved in WRN and Whet given their business backgrounds.
It was the apologists who were ramping like mad and trying to spoil any possible discussion on the share by attacking posters who dared ask any difficult questions.
Given that there’s currently a strike off notice and since there’s been no communication from the company in almost 5 months, it looks like the RAP shareholding will end up with the Crown.
I wonder if we’ll ever know the reason why Britdaq removed Whet from their platform and why the BoD didn’t even communicate anything to their shareholders.
Seems like the apologists were wrong about Whet in the same way they were about WRN. Funny that!
Picto - what’s your opinion on the strike off notice for Whetstone? Do you think the BoD will submit the information required to get this lifted or do you think they’ll let the company be dissolved?
You’d think with the time you’ve spent posting linking to RAP comms, you wouldn’t be that happy, chilled and relaxed about the possibility of losing your investment due to a corporate governance issue.
Fair enough but given the track record of Biggar, do you really expect anything positive to come from a complaint to Companies House after the complete lack of respect for shareholders so far?
Not one of the apologists could name one company that he or Earley had been a director of that’s been a success for shareholders yet the same posters continued to ramp the share and spinning every piece of news.
It was then shown that it was Aidan Earley’s brother and Darren Chapman who had been selling the largest amount of Whet shares in the days, weeks and months following their debut on Britdaq.
Why should anyone contact companies house on behalf of the BoD when they haven’t issued any comms to explain why the company was removed from the trading platform (Britdaq) in June 2019. That’s almost 5 months of silence!
Clearly the BoD feel that shareholder communication isn’t important and it looks like the company will now be dissolved.
Hopefully we’re getting close to finding out the truth about what actually went on in 2014 when WRN was actually trading and there were countless RNSs claiming ‘agreements in principle’ and deals in the pipeline which some on here either believed were signed or were quite happy to imply this.
They were still trying the same line when they announced the NARC ‘investment’ last December and then no more news about any progress or completed transactions.
If you look back at the posts from the usual suspects then, you can see that they were either totally delusional or complicit in the blatant ramping of Whet.