Member Info for Finwittrader

Looks like Fish isn’t happy with this discussion?

Well the bonds and interest payments could have been paid off in January 24 in full if Copl had the money to do so. No more apple pie for Anavio.

Shock horror, days before it the JV which could have generated the cash to pay the bonds off in full, is cancelled, and the company not able to pay the bonds off

Instead they went to Anavio for £2m to take over the whole company.

I wonder why Summit were so annoyed?

Summit gain more from a successful JV. Either way they get their loan paid.

Anavio do not gain from the JV

Guess what. When you are directors of a company then you make the decisions. Who were the directors? Richardson, Cowan and Gupta.

They made the decision. Who influenced them do you think?

Would Summit gain from the JV - yes as they get 8% once loan paid off. An 8% of a strong profitable JV’d company.

Anavio preferred it to be off I feel - it meant they could lend £2m in return to collapsing the SP and having 99% of the company if they converted. They didn’t expect Summit to be so furious and here we are.

I would say it’s more likely that board of directors Richardson, Cowan and Gupta who made the decisions of yes or no for Copl would be the ones who said no.

Now is TR linked to Anavio on the chart or Summit?

Correct unless Anavio do a deal to leave.

I meant exactly what I wrote newbie 15 posts man.

Anavio either have to do a deal with Summit and that will be Anavio leaving with something. Or they fail to do a deal and come the 29th Summit will destroy them completely.

Yes Goozee still holds we believe

Big week this week Tommy. Your friends at Anavio have quite a stark choice. Do a deal with Summit and leave or lose the lot in Summits big ‘bring and buy sale’.

We suggest you do a deal that involves you leave now. No more conversions, no more confetti and no more future warrants. If you do, the fire to bring you into a court of law might just dampen down a little.

Engineers 👍

I see you’re ex forces? Which regiment did you serve in? My family are all military and friends too. When did you serve? I’m sure on the lads will know you.

That’s where it starts. A NED is there to advise a board on their specialist area. The BoD then makes the final decision.

So what is Richardson speciality that he is advising the board on? It certainly isn’t Energy as he’s openly admitted he knows nothing about that.

He is a specialist in death spiral bond financing. All seems rosy at first and then…….

You know you’ve hit the sweet spot when those types of posts are being deleted.

Little bit like last month, any post regards the zero injection of gas disappeared. Then when the stats and evidence was posted and it was overwhelming - suddenly Tommy sent out his magic RNS full of forked tongue and scare tactics.

Keep digging. It’s all grist for the legal mill.

I have managed this week to add in decent quantities to the pf here, today being my largest purchase as you saw.

I know Jan and early Feb i was having to sell off for a margin call and opportunities for quick turn around but if todays RNS didn't wet your appetite I don't know what will?

I think in the main, shareholders that get done over by companies just take it on the chin.

That’s why these characters like Richardson get away with over and over again.

It takes a lot to mobilise the investigation, the authorities and the lawyers. Don’t underestimate please the hundreds of hours that RBM and his team have put into this already. Even if no news is being posted it is not because there isn’t news, it’s more that the lawyers call the shots on disclosure to strengthen their case.

Media stuff is coming. News is coming and it takes real tenacity and money to bring these people to justice. That is exactly what Copl holders fortunately have in the HMW individuals and also the SAG.

They won’t stop until all the individuals involved here (and I mean all including those not in the limelight) are in a court of law.

Wwal I don’t think anyone can forget Arts involvement here, nor Gaffney. There’s plenty of time for collecting all those fish.

However, it’s all gone drastically wrong since September since TR assisted by Cowan and Gupta took over. On the cahunt-meter that’s your order of bagged and cuffed.

Tom should be able to find more nice bonds for them in return for keeping lights on. It’s not his fault that this always seems to happen and that mysteriously his assets offshore are massively higher than his salary earned from consultancy?

WiseOwl. You are regularly posting on so many other bb’s you are not invested in and cross ramping Matd.

You sneer at others regularly.

Why is the SP now under 3p and you are still doing this?

It’s down 27% in the last month. You suckered so many in to let you out?

As I just posted on Coro, since he has been there the SP fell by 50%. He’s good isn’t he?