Member Info for HappyRob

Maybe just going to announce reverse take over

Is it for name change , new company or all reveald from this it looks some like a buisness plan or commitment

28/07/2023 all happen

https://www.gov.uk/limited-company-formation/memorandum-and-articles-of-association

Is this to announce changes, as they would have already have one of these in place

Same day as AGM

Date(document was filed at Companies House) Description(of the document filed at Companie

18 Jul 2023 Memorandum and Articles of Association

This document is being processed and will be available in 10 days.

Two weeks to the start

Get ready for the RNS’s

Or evidence that the general deal was done

And what going on now is getting things in place for the big launch, AGM mainly about funding, we could probably take the if out and just have the when

The AGM was out of the blue

All happening

The sooner the better however I don't think it will be before the AGM but who knows this will affect a lot of people, with a bit of media speculation it might just all come out

The industry still looking for the tools, verify still there, delivered right could get another crack at it when one day

Https://2750857.fs1.hubspotusercontent-na1.net/hubfs/2750857/Reports_Whitepapers_Webinars/Getting%20Smart%20About%20Ad%20Waste.pdf?__hstc=116666969.87eaa1de94996d8da3f27969f8fa59ea.1688674045786.1688674045786.1688674045786.1&__hssc=116666969.1.1688674045786&__hsfp=729203285

I would guess some details will be released at AGM or shortly after it probably all done and dusted, those numbers in the special reservations were exact although it reads up to

A lot of numbers in the special business and special resolution

I have not

AJ Bell

Halifax

Hi clued I wonder how many long suffering long term holders are still out there I can remember a few names that have not posted for a long time and are are you ready for the new dawn?

I AM

I know a share reorganisation will probably happen, which I hate only because on paper your looking at hundred and not thousands and thousands and not millions

But in the bigger picture neither here, nor there

I believe it will take a couple of years, when the world is in a better place than it is now probably a little bit bumpy but what a difference for us all right from the start

By September, what a coup, I wonder what the share price will start at how quick it will rise and where we will be this time next year? if it come off.

Sorted’s unaudited management accounts for the year ended September 30, 2022 reveal that the company generated revenues in that year of £6.4m and a loss before tax of around £14.5m. At the same time Sorted had assets of £32.4m.

Location Sciences has clearly seen enough in the business and its numbers to want to buy it.

If the proposed acquisition proceeds, it’s intended that the existing subscribers, including shareholders of Sorted, will be given the opportunity to participate in a cash subscription for up to £5m of new shares in Location Sciences to seek to align their interests with those of existing Location Sciences shareholders.

The planned acquisition would constitute a reverse takeover under AIM rules and is subject to due diligence and satisfactory negotiations.

It’s hoped the deal for Sorted, which currently employs 96 full-time staff, will be finalised by September but the implications for other exciting tech companies will reverberate for a lot longer.

And with a time frame, I recollect you mentioned September in one of your posts DJP4976

I guess boohoo Hughes & co have hade they eye on this one for a while as sorted were burning cash, working out what need to be done to turn it around.

Sorted shareholder have a life line have this not the old location Sciences this is the reborn and could be massively successful.

I am hopeful this is the best investment I have ever made.

I would imagine it’s a fairly big ask and somewhat hard to swallow to sell a business for a pound but there’s always more to it than that, and it happens all the time.