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I’m currently with ii - as I understand it from them, the issue is the brokers can’t find a way to hold them, thus being recommended to go directly. Happy to go through Brokers but I guess we’ll await news as to how they hold them
Any updates on people receiving tokens? I was dealing directly with Pete at Naps but all gone a bit quiet now and still not received anything
Is the big £60k at 6.00 not a sell looking at trades around that time, and the £24k one? Just curious as have massive belief in this company
Filled out my forms and sent back last Thursday, fingers crossed all goes smoothly. Do you think when these tokens go live in March, there will be monitory value to them or do you think they will just be used on the platform to buy things, I kinda lost touch with this over the year as I thought nothing would come from it but heres hoping!
Finally got hold of Pete Wylie (Napster CFO) on Friday - he’s sent me the forms to apply to have to token into a crypto account rather than go through the brokers. I’ll see how I get on
Where are your tokens now being held, with your broker? II say they can’t hold them so are “in talks” with Napster about how to do that! Very frustrating - how many tokens did you receive roughly? I guess we’re still not going to know value until end of March?
It’s was just a print mistake on the trade price, nothing exciting unfortunately
That looks like a buy at £82k! The time it went through and the trade price indicates that!
5.30p on ii - that £15k was a buy btw
Morning - Anyone got any more token updates. Nothing at all from II, I've asked them for news but nothing back.
Yes - received cash today which is good. Fingers crossed to everyone else
Just for the tokens now
I’ve chased II again today, we were amongst the first to receive payment last year but apparently they have nothing to tell us at the moment!
Offler - 3x payments!? What was the amount per share you were given from all 3 ?
I know the main payment decision is tokens now, but does anyone know what the payment due now is worth at all?
Psy - what does that work out per share you owned if you don’t mind me asking?
I’ve received a corporate action saying my shares are deemed worthless so will be removed from my account! Nothing more than that and nothing about tokens still
From Pete Wylie, CFO at Napster
Just got this after emailing their office - great!!
The subsequent payments potentially due under the merger agreement are currently on hold as final matter regarding the purchase price of the business are resolved through arbitration.
I would expect to know if there will be a final distribution at some point in Q3.
Thanks,
Pete