Member Info for fairdealer20

I completely understand your support for the current management whatever comes up.

. Do you have any comprehension of financial management in Business?

This statement says you do'nt have a clue

"But to say the company has been reliant on it when it stopped over 16 months just doesn’t make sense."

Why is the company in such a parlous state without this refund? Ask your self why the payments stopped 16months ago.

Dont lecture me on matters you clearly do not understand.

Are you getting payed by the company? Anyone who accepts adverbatum what the company says and does not interogate is either clueless or in on the act.

Have a good evening

Saluc do you seriously believe £2m+ is not important to a company any company who is struggling with finance?

Your statement is incredible.

Most investors must wonder if TGR is paying the VAT it collects on outputs, to the Government, why is'nt a compensating calculation happening which is a way the Company can recover some if not all the Tax TGR is having to pay suppliers.

This is a simple and relatively straightforward transaction that would go some way towards solving the problem, unless of course the Tax collected and possibly refunded is being manipulated into other accounts?

This may seem extreme, the truth whilst there is No CFO in place, we just do not know.

I hope the New Chairman is making the VAT situation a top priority, and look forward to his plan of action.

DP I quite agree EM either has;nt got a clue or is hell bent on allowing the population freezing to death. That may seem extreme, putting all eggs in one basket is never a good policy.

Ceasar with the licence awards Deltic sit on may appear fine, however apart from the crazy Political eco plan, how can a company discover oil or gas and then give the Licence away.

Confidence is not high when considering the current SP Board members are not buying.

Ceasar, I give up predicting and leave it to others, some I note just want out with a reduced loss. That is where I stand. Even though, I have been here a long time and have averaged down, the share owes me 47p, which I feel is unlikely the way matters generally are evolving.

BadA fund raise for wath? Too bolster the remuneration Fund? You must be joking. It is high time Execs pay is aligned with the share price i.e SP 25% of 12months ago. Swindells and co should now be on 25% of a year ago. Better still treat them like Football managers......failure and out.

Ceasar Selene is targeted as a GAS field

Saluc a couple of questions your friend will know the answers.

What is the VAT rate in Madacasgar?

Who collects and pays the VAT on outputs to the Government?

The new Chairman would do his reputation and crediblity irreparable damage if true.

Cannot see any truth in this aledged "Plot"

Saluc, yesterday you stated I spoke to him recently. Who did you speak to as it seems you do have direct communications, which many do not enjoy even answers to emails.

I too have and are invested in many SMe's, some not listed, and have been instrumental in removing Execs who have over -egged Financial matters. Naive I am not, dismissive of compulsive liars I am.

Havealot, the current Auditors have been appointed by the BOD and therefore will have instructions. The previous Auditors resigned having baletly signed off last years accounts with qualifications.

As regards crying over spilt milke, I am experienced enough to realise, majority of Shares are a risk. So best to not invest more than one is prepared to lose. That said Directors who mislead for their own purposes must be held to account.

Saluc, you are in contact with Shishir, do you believe ordinary shareholders are entitled to information regarding the various contentious financial, productions issues?

This has all been dragging on for months, is doing the company no good whatsoever. The best and probably only way to answer, honestly, all the questions, is for a completely Independant Examination of the Company's affairs, which at the moment are opaque at best.

Best of luck there ( Johnsons) Will be amazed if the New Chairman is not getting to grips with ALL the financial doings. He has a lot to lose should he not come forward with findings and required actions.

Is there a question of Corporate Malfeasance?

If as suggested the VAT is a mirage, it needs thoroughly investigating, independantly, or has it found it's way into another account???

With respect Saluc it is a governance problem. The company not only pays VAT on inputs it also charges VAT on outputs. There should be a quid pro quo calculation whereby refundable Tax is deducted from that received from customers.

It's that simple. Maybe it is happening, if so we should be informed.

So cash rich Carlsberg will help out a destitute partner, really. Business is ruthless, survival of the fittest. Carlsberg are not into Pub ownership, just a brewer. The JV suited their plan to acquire a group of well established Breweries, the linkage of Pubs was worthwhile add-on that Carlsberg cleverly tied into some rigid conditions. One being Marstons are required to retain at least 50% of it's Pubs. There is a limit to the numbers of Pubs marstons can sell which would release valuable equity that keeps funders happy. The Brain's estate is leased for 25 years, Marstons had an opportunity to acquire the Freeholds but were cash strapped. Song a European Private Equity company did buy the Freeholds. It can be fairly sure Song will be looking to substantially increase income and value from the asset.

If Carlsberg do acquire Britvic, Marstons are not to know how soft drinks supply and costs there of will be implemented as part of the JV.

Carlsberg have not got to where they are by being generous, that is business.

Any news on the "imminent" refund? Hope this is top of the list for our new Chairman!

Quite right macq, many recent investors here need to research the history of Mars.

Carlsberg about to table a 3rd offer of around £3billion in cash. If as suggested Carlsberg are putting an offer, as majority partner, are Marstons part of this take-over? If so where will the 40% share of the offer come from?

Carlsberg are looking after their own interests and doubt Marstons are involed at all.