T7, if its the case that, as part if Mysquar's Due Diligence, as a business it was on the pathway to making good money - given the fact that money was being siphoned off - then there is a chance of Mysquar being resurected.
However if its the case that the revenues were all lies then I think its a dead duck. From this point onwards its about determining if Mysqaur can become successful now that the fruadsters have left and finding capital from a partner to make it happen.
Is anyone in his area soon?.... get to see him and get to the truth.
Pottinger, Piers J D
The Old Rectory, Wixoe, Sudbury, Suffolk, CO10 8UG, UK
Tel: +44 (0)1440 785241
https://www.google.com/maps/place/Old+Rectory,+Wixoe,+Stoke+by+Clare,+Sudbury+CO10+8UG,+UK/@52.059199,0.5020193,367m/data=!3m2!1e3!4b1!4m5!3m4!1s0x47d858de3caac609:0xf90d9e5c7f4ce8d5!8m2!3d52.059199!4d0.504208
I found it online only in October.... too late.
to believe it....
https://www.youtube.com/watch?v=cHhJaoaQMTQ&feature=youtu.be&fbclid=IwAR0oZURzMp2QTAbbUcxufn_WoiUW-1TjW1ft7pr95JH4VcdoQipKldIQ7vs
Well I set the clocking timing from about sept 21st RNS...
The new team has been in situ for a month and is in the early stages of reviewing potential solutions which it is hoped will include a fresh start in discussions towards a negotiated settlement.
Note that it said, it is hoped that fresh discussions will start, so does this mean that some new talks started in October or thereabouts?
Hi DM, I'd like to believe that but things in Africa take time - as we have seen over these past years - and realistically I think that the new BoD and their legal camp would need at least 6 months to get into bed with GV and DC on a final deal, so maybe by mid this year hopefully there will be something..... just my opinion.
yes, so any recovered amounts should reflect as an assest in Mysqaur's balance sheet going forward. Also they should have a line entry reflecting "Eric Schaers head on plate" as an asset on the balance sheet in 2019.
I really hope the BoD is working to get things back on track so as Mysquar can be re-listed (not out of the question), or at the very least, the proceeds from a sale to be distributed to shareholders.
I also got an email from MYSQ IR today - good that they are responding. IR says investigations are on-going.
So they are still working it, thankfully.
03-Jan-19 09:42:17 1.35 1,000,000 Buy* 1.35 13.50k
03-Jan-19 09:49:18 1.20 1,000,000 Sell* 1.25 12.00k
I was looking through some of the old on line press releases about the progress that Mysquar was making and it sounded so enticing as a business inevestment that even today I would definitely invest based on the fundamentals alone, so lets hope that the BoD give us some good news in the coming weeks.
watch it go down now on no real news - been here plenty of times before.
In my view the new BoD will take at least 6 months to come up with a new set of options for a negotiated solution so maybe we'll see something firm around the period of April when Moz courts are back in session.
Guess work and wild speculation. I can't see any legal team getting off their backsides to agree a deal near midnight on 2nd January 2019 - ie everyone's on holiday still.
Who really knows T7 - with lies having been told and false RNS's released, it creates a smoke screen of lies and half truths. - news on fiunding - what? Tencent WeChat deal - how's it going? 6 to 7 million active users - surely worth something?
BoD needs to give an update!
who is Miner Joe? - and if this was the case then surely BoD would have released an RNS by now?
Eric was playing out the final stages of his deception plan for 2018 which changed the lives of more PI's but issuing the RNS to keep PI's hot for the prospect of a (fake) take over offer from Tencent....
"company announces that it has received an approach from another organisation which may or may not lead to a takeover offer"
BASTARD.
would suggest that Chong is in on the deception and ready to exist the door quietly with our loot.
dumping tomorrow is my guess, back down to 1p.
Agree.... just yet another pump and dump with no firm news.
Thanks Happy place - I would have thought that 75 people with 1.6 mil is quite substantial. Is there some kind of threshold?