Member Info for Flightman

Levi will pull a dirty stunt here now,citing inability to capital raise.

Expect a notice of delist coming.

He's incorporated the "other" business,to incorporate the Enet portfolio,all at the expense of shareholders.

Of course all the new business will be privately owned by crooked Levi

Aferian just 2 months back

CEO put the company into administration without warning,same day assets sold to ex director at a 95% discount to asset value,there's a Class Acton going ahead

At least Levi has given the opportunity to take something out,but his plan is to delist

Too many Ponzis on AIM

But they seem to get away with it.

Levi know he's been rumbled and it's clear he's currently selling out

Levis a feckin crook

Saloon I came to my senses on Levi 3 months ago

Has to be Levi selling out,so he's nearly done,

Then he will send the delist RNS

Levi scammed shareholders for years,but was very well renumerated

He lived of confetti.and tbh I very much doubt there's any Tier 1 Aerospace company,just another lie!

He's dumping his 1.5bn as we speak,

Slime ball who kept this Ponzi running for far too long.

AIM Regulators are absolutely useless they seem to always turn a blind eye to these outfits.

Only one positive you can still get something out of this ceasepit,could have been worse with administration or suspension.

Levi knows he's been rumbled hence the "soft" exit.

Next RNS will be the intension to delist citing inability to raise further funds,he'll be sold out by then of course,that's Le I after all

At least they had the decency to for warn of the upcoming suspension

Could have been worse,a suspension without warning,administration and no doubt the inevitable pre pack.

The stock now has no value

It's 0.005

Oh dear

Very dodgy deal.

If anyone held this I'm sure there are grounds to take action

Looks like the Fraud office need to take a look at this

Kestrel we're owed £1.8M apart from the senior lenders.

Kestrel held 25.9% of Afren stock.

Zeb White NED of AFRN ALSO Investment Director at Kestrel.

How can this be sold for sub £2M,with those assets and revenues.

Corporate theft

Sorry chaps was meant for AFRN

Looks like the Fraud office need to take a look at this

Kestrel we're owed £1.8M apart from the senior lenders.

Kestrel held 25.9% of Afren stock.

Zeb White NED of AFRN ALSO Investment Director at Kestrel.

How can this be sold for sub £2M,with those assets and revenues.

Corporate theft

Haven't you seen the 750K,500K sells plus many more and the 1M

I'm interested to see the next 8 3,identity of the seller

You don't own this board just because you've bought a few 100k

Good luck Laura,hopefully no big holder does a big dump

Continuous large sells today

Obviously a large holder getting out.

Notifiable holder offloading which one?

Problem is the £15M secured debt.

The bod could end the sale process,just announce "going private" RNS price then crashes as the MMs always take it down 75%

The company is turning over a lot of cash,but the bankers want their £15M back.

They could also call an EGM with a rights issue,and share consolidation to to raise a few million to appease the banks.

The equity is currently worthless as shown by the market cap,the big elephant in the room is the massive debt

Talk of offers coming in but the trading doesn't support that.

With only two weeks remaining the director's are under pressure to do something

Also the Directors have no skin in the game,tiny holdings yet they're receiving huge salaries one of them on £300K per year

The director's will not benefit from a take over,they would rather preserve their position

I believe Kestrel will do a deal with finance that will make them a majority holder,then they'll take this private

Several scenarios here

Funding to pay off the £15M

Rights issue

Take this Private

Kestrel the main player at 25.9% and have a large loan outstanding