Member Info for Globex

Good analogy. A similar one, maybe a bit extreme to be fair, would be someone offering to use your wife as a prostitute. Sorry probably gone too far...

Earl is a the worst ramper on LSE and that's saying something. The funny part is his strategy is a trainwreck. He was ramping this hard at 6p, same with Mode before it collapsed sub 1p. Must be nursing some mega losses. Karma

I reckon the asset's just fine, more that they were offered "sweeteners" not afforded to regular PIs.

Those units will also be highly illiquid, with no real marketplace to trade them. Not like the comfort we have now having shares in a plc, they'll be pretty much untradeable.

The most laughable part is the deferred consideration units. They've worded it as if we should be grateful to be given an IOU, when the company naturally would have already had the total cash proposed by the deal by Q1 2024 anyway - without any convoluted structure.

What's really stitched us up here is going into the sale with all that cash on hand. I cannot understand why they couldn't just pay a dividend before signing any deal. What was the rush? We already have approaching 7p in cash, just pay that out.

Instead all that cash is mixed up and Prax are getting a massive slice of it, when it should be them fronting the money, not us.

The RNS literally says "At the current time Strike is not participating in the Formal Sale Process.

According to their last filed accounts Strike had £113,611 in cash. Pretty ambitious to be kicking the tyres here.

Made it to the government's naughty list
https://www.gov.uk/government/publications/developer-remediation-contract

Come to think of it they could try that again, buy a machine just to return it just to get some actual revenue.

Wouldn't do much for profits, but since when has this company ever been bothered about those!

The funniest part about that machine was how the refund amounted to pretty much the sum total of their revenue for that year. Good times.

It is a bit odd. She was headhunted for this role, they actively went after her. They didn't seem to mind she had been personally bankrupt, a bit taboo for a plc board member let alone CEO.

Enough conflict of interest to leave a bad taste. Just my view, in layman's terms a p*ss take, regardless if others happy to roll over and accept.

Frisby's been getting a roasting over here https://tattle.life/threads/adam-frisby-in-the-style-2-awful-celeb-awful-clothes.33052/

I know this is AIM, but does it strike anyone as a bit much to see Stifel Nicolaus trading this share during what should be the ultimate close period? We've had more 8.5 forms related to their trades than anyone else.

Clearly this isn't a breach of regs otherwise they wouldn't do it so overtly, but bear in mind their triple role of Nominated Adviser, Joint Corporate Broker and now being the primary point of contact for - and overseeing - the sale process itself.

With all the information they are armed with, it doesn't instil a great deal of confidence to see them selling at 7.33p. We're talking low volume too, so why do it? Poor form imo, whatever arm's length claims they might make about different departments. No wonder the share price is being held back if our broker is selling.

Crystal Amber's interims due by the end of the month, they'll hopefully be wanting to include something concrete. They've had a bit of a shocker in last few quarters with ALM & DLAR so perhaps they'll take opportunity to use some good news here to offset.

It would be also be nice to hear from hurricane specific numbers from mid-Feb lift and cash position. For last few they've given numbers pretty promptly in first 2 weeks of following month. Can't see why that should be delayed this time because of the FSP.

Failing all of this they might as well crack on and issue this 3.1p per share. Whoever buys us won't be paying cash for cash, so let's see some long suffering shareholder reward.

PS Let's hope they haven't been plonking all that cash in long dated treasuries ala SVB eh! (jokes, I think)

This delay is pretty incredible, considering this follows them not publishing ANY results for all of 2022. The last actual numbers they released now go back to 2021. We're now coming up to the close of another financial year for them, but still nothing for their FY which ended on 31/03/22, almost a year ago. Interims also now so late those too alone would have resulted in a suspension.

The worst part is the endless broken promises of publication dates, quite embarrassing when you read back through the RNSs and see how many times the goal posts have been moved. Big breach of all plc norms, something very broken here.

In that world every loss making business would get a payout from the government. Imagine for one moment how that would be exploited and what it would do for the country's balance sheet. The fall in the UK's credibility would make the Truss government look like a model in stability.

Something badly broken about the UK stock market when the number of these frauds is accelerating, seems to be every few months now.

Patisserie Valerie, Revolution Beauty, Home Reit, now anyone invested here will surely want to evacuate the dancefloor. Will anyone ever face any consequences for misleading investors? More likely the FCA and prosecutors will continue to nap at the wheel.

Makes you wonder who's next. Will not be at all surprised to see a big name fall over this year.

Imagine how many Happy Meals you'd have to serve up to match that! He's a total blagger. Surely he has enough cash now to get some new veneers to replace the Turkey specials.