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I never gave nor was asked to sell my holding to Bensons - yet it seems they were legally able to take it anyway and pay me nothing for my holding? How is this morally right? Do things need to change for shareholders to have some legal rights over the share they may own of any PlC - This particular EVE shareholders situation stinks!
Seems any shares that shareholders still held once administration was announced are absolutely totally worthless thanks to CC and TP etc who get to walk away while bank rupting some shareholders!
.... Southend Airport?
https://www.bbc.co.uk/news/business-63396810
... when the criticism should be directed towards the EVEs board of directors in charge before administration — and then to just have the business sold without any consulting of shareholders —- why was an urgent shareholder meeting called before administration? This stinks!
Thanks for that Wyndrum.
Indeed Wyndrum; it was sort of obvious you never cared.
Obviously Wyndrum you never believed in EVE and making the world better for others by trying to improve sleep for as many as possible!
I did, as I suspect other longer term holders may have done also. It seems from what Bensons have announced they do too. It was just the bad management here I believe!
Won’t you ever give it a rest Wyndrum?
You not one on then loyal longer term shareholders who has lost a lot here. I suspect your just a day trader trying to make as much as you can when others feel no option but to sell at a loss.
Sending a message now to CC at EVE Sleep gets this reply:-
I no longer work at eve sleep. if you'd still like to get hold if me,
you can reach me at cheryl@itsnotvoodoo.co.uk or through LinkedIn or
Twitter.
Thanks
Cheryl.
--
*Cheryl Calverley*
*CEO *
*0790 5471546*
Has anybody asked EVE another question?
To explain the spending of last 2 years taking the business from 8.5 million cash plus stock plus assets ( probably over 10 million) and have the overview of an experienced bod that could not see the trajectory of the management decisions was depleting cash to zero and moreover taking on some debt too?
.. a journalist investigating EVE sleeps management this past 2 years and the suspicions administration and buy on same day by Bensons. This stinks!
Worth reading ( note H&W appears to get work if either Team UK or Team Resolute win):-
https://www.navylookout.com/details-emerge-of-team-uks-fleet-solid-support-ship-proposal/
If Liz Truss had to struggle with the cost of living crises as much as those of the pathetic amounts given to those unfortunate to have to try and survive on state benefits she would be in favour of taking the lower Team Resolute bid ( incorporating H&W) and giving the difference to those on benefits!
Shame of this country for not giving those struggling on benefits and inflation rises now!
Yanis - it sort of looks like EVE has been stolen from its shareholders owners without any consultation with them whatsoever.
Bensons now plan to have EVE up and running shortly so they can realise EVEs full potential - what had the experienced bod led by CC and TP being doing these past 2 years - apart from putting together very positive shareholders presentations that to me now look extremely misleading!
I think the entire episode is disgusting Yanis. It sort of feels are money has been legally stolen!!!
... need to be overhauled if the likes of EVE can run down value ( while giving presentations such as they did) to the end of shareholders cash to virtually zero then just announced administration in the morning with Bensons buying them out in the afternoon stating they will have the business up and running in a few days so the business can reach its full potential —- what were the EVE bod doing drawing a salary this past two years then! I’m disgusted with all that has happened here!
... a new airline for Southend? As per link:-
https://www.echo-news.co.uk/news/23056069.southend-airport-talks-update-easyjet-disappointment/
Regimental - it appears EVE now set up to thrive under Bensons - they plan to have EVE website as a stand alone business up and running in a day or so and also plan to develop the digital sleep idea too - meanwhile shareholders get nothing — this is scandalous
https://www.retailgazette.co.uk/blog/2022/10/bensons-for-bed-eve-sleep/
... what Price EVE was sold to Bensons for?
Where was the promise to consult shareholders or even try a shareholder fumdrasie prior to announcing administration—- would like business ombudsman ( if there’s such a thing) to investigate here!