Member Info for goooba769

Unfortunately this was a very risky share so exposure needed to be low. I had a few trades and came out slightly up even with the lost shares I have currently. I very much doubt we will see anything back as we are right at the bottom of the list to receive any funds left. Once BMD went after the new BOD/Broker it was clear things were going to go south and it seems the BOD leaving basically moved all the money to pay off any debt and make sure they were paid up. Effectively leaving the company with no money. Also BMD lying earlier in year to get onto the board and then personal attacks against the broker meant other brokers wouldn't want to touch us with a barge pole once ours resigned. He more or less destroyed this company with his actions. Also the fact he ramped the fu*k out of the share while selling all his shares earlier in the year shows what kind of man he is. Sorted himself out and shafted all the investors. Lesson learnt and time to move on.

That's a big fat yes from me. Wish I had got few the other day closer to 1.5p! dam and blast

Deal if voted through worth about £9m v current MC!

games being played here I suspect someone is accumulating and drops are being used to fill the orders. No brainer at current MC v deal on the table!

Finally got there. Lets see what Adam comes up with regards a deal as I wont be agreeing to any large discounted fund raising. With NWOG holding such a large % Adam will have to please the group or it wont get voted in!

That's pure guess work and scaremongering. Wouldn't have minded if you had put up what tax breaks BIg Sofa gets and which ones you think are at risk?

Based on their past record they should leave quietly but I very much doubt it. End result they will be gone and deal will be moved forward with a fresh new board.

Only negative at the min is the old board which should be dealt with shortly. We can then move this company forward with a more secured future rather than watch the old board do nothing but drain the company of funds.

He just loves coming on and bashing a share sad life really.

They have disbanded as the group was setup to support Adam/Nick in moving forward the company. The orginal mandate of the group has changed so the group need to disband and then reform under the new terms which are effectively outlined in the RNS:- ********** has disbanded with the intention of reforming shortly to call an EGM to offer shareholders the opportunity to vote on the replacement of certain directors. Looks like the final old BOD are about to walk the blank and NEW moves forward into a new/profitable future with Big Sofa.

Basically company was badly run, Nov time last year EGM was called by share holders and booted off some of the old board and brought in Adam/Nick. They have found a deal to move the company away from oil/gas in the form of an IT/Marketing company Big Sofa. This is classed as a reverse take over so the shares are suspended until that deal is concluded. It can take up to 6months. Problem being Nick/Adam are out numbered by three old Board members and I believe this is the reason why the deal has taken 6 months to get going. This looks like a potentially good deal if the big contracts come along but we will have to see. Its better than letting the old BOD just sit on their hands and eat away at the money for years to come.

The company involved in a RTO was never going to look amazing as they wouldn't need our help. We needed to find a company in the edge of moving into big numbers and hopefully that's what Adam has found. Agree the old board need to go.

6 months max and Id assume that time scale sorry.

Why on earth are you investing in the company, sounds like you're not confident in the company! Also why on earth would you write it off that's purely an idiotic comment when you have not got all the facts about the new company and how this all moves forward!

Shardster never a great position to be in as you generally don't have a lot of say in what happens. Could be worse you could have had ADL waited 6 months and watch your investment drop 75% in a second. That wasn't a fun day that's for sure. :-(

looks promising and at the end of the day its better than sitting here while the old useless board milk every last penny out of the company.

NWOG are behind Adam so have to see what this deal looks like in few years time. We were never going to bring in a business making £100k's or millions a year as we couldn't afford it.

lol kezz

still here just don't feel the need to repeat the same old thing until the next update which I suspect is very near..................... :-))

More or less what I expected Adam cant give out any details or he will get slated id probably say what was the point in having the stand why not save the money for the company. Any way I think it is about time we start to see progress as things have been a bit on the slow side.