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SALV hopefully will re-list as soon as is practical. Rumor has it that an unlisted company is lined up, just a waiting game really.
Yes SALV has got value as pointed out of approx. 30p a share.
AS we have had no communication from SALV, I did some digging and found that the company is languishing in the Isle of Man and has been administered by;-
Sophia Birchall - LJ Management (IOM) Limited
Commerce House
1 Bowring Road
Ramsay
Isle of Man, IM8 2LQ
A note of caution Re; scams.
https://nocash.ro/get-ready-for-new-scams-a-chinese-crypto-management-organization-announces-that-the-digital-yuan-is-ready-for-distribution-and-promise-big-wins-for-investors/
Hi everyone. I am a keen follower of CEY and Kinesis. Thank you guys for your fantastic commentary. Hope you don't mind me posting this link re; Kinesis
https://uk.trustpilot.com/review/kinesis.money
When is a Medallion Signature Guarantee required?
Generally, a Medallion Signature Guarantee is required when an owner wants to sell or transfer securities held in physical certificate form, including stocks or bonds. If the securities are held through a broker, the owner will not need to obtain a Medallion Signature Guarantee.
Hi Pesto,
Portage are tradeable from Monday/tuesday 8th/9th; New listing (s) to be announced in due course.
Are you in Quints Portage 2 telegram group ?? There are around 150 Portage holders in there with all the answers !
I have previously instructed ii that I want them to transfer my shares/ certificate over to HL; I just need to open a trading account with them. ii also stated that a transfer would be free of charge. Maybe not so if there is this medallion stamp guarantee charge, but I would pay it just to get the hell out of ii quite frankly. No doubt HL does except Portage in an isa but it would mean transferring my ii isa to them, for me thats to much hassle.
Now as we all know Portage will be 'up listed' to a more senior listing which then it may be possible to buy the new listed shares in a ii isa. If that becomes the case I would be inclined to sell my shares on my trading account and buy on my isa. Bit of a spread loss I know but long term Portage and or new listed companies from them have a great future. My goal would be to see a share price alot higher than the current $10/12.
yes things are looking good!
Canadian TSX is one 'senior' market and American NASDAQ ; Could be one of those or both. As soon as an announcement is made I'm going to instruct ii to hold fire and await further news. I believe either of those markets may qualify for ISA to take either a bumper future divi or/ and a big capitol gain.
Not long before will find out
You had a better response than I did Pesto; I messaged ii on the 5th and their response to me was 'I refer you to the message sent to you on the 12th Feb 2020. (which stated Portage was suspended) So far they have not responded to my last message correcting them.
I think the more that 'we' collectively pester ii action is forthcoming. Understandably if the Canadian depository is closed then not much can happen, fair enough.
I would not be surprised now that we have Allan L. Shaw as CFO A US listing will be on the cards. With so much going down at Portage it surely has to happen. So we could end up regretting holding a Canadian share certificate.
But this does not detract from the fact that ii, Barclays and maybe other brokers did not use 'Due Diligent s' trying to dump us on the American OTC which we cant trade on let alone list on!
Correction - CSE not OTC
Portage up and running again on the OTC ! as from 16th April. Hopefully now at least some of us will get our share certificates.
I did the opposite a while back and sold IGG and piled into cmc. CMC has in my opinion more scope to dramatically increase it's dividend, whereas IGG divi yield is barely covered at 0.9 ish
Sorry 10th Jan; Today! We are now de-listed.
Waiting for an announcement imminent Re; a reverse takeover (if it happens)
Ok so cancellation of SALV on the 10th and hopefully an announcement of a reverse takeover and a new listing.
Lets hope it's a good one!
Pesto; Just had a quick scan though Agronomics, interesting; I guess it will be about economies of scale. It would need to be cheaper than traditional meat farmed production to make any real impact, at least in the short to medium term.
My feeling is that Vegan alternatives will have a greater impact, again in the short to medium term and possibly be the main market leader. Early days but one to watch!
I am now wondering if Jim Mellon will do something slimier with SALV .......We will soon find out!
Thanks for that Kentan; Jim made some very interesting comments regarding Vegan foods and the advanced replication of animal proteins for meat and milk, which in effect make the rearing and slaughtering of animals obsolete!; quite remarkable! As for Vegan foods...well just look at Gregs the bakers big increase in profits just from their vegan sausage rolls! As far as I am concerned i'm not to bothered about loosing our listing. I think all will come good. Jim Mellon seems to be a very respected man in the city.
As far as this board is concerned it would seem that unless you keep a bookmark for this page, it cant be found. Most of the info and chat is now on the Portage Yahoo/usa. So if we do get a new listing from salv, I guess someone will have to start a new 'chat'
Good luck to us all ( is anyone els here??)
https://soundcloud.com/themoneyweekpodcast/issue-979-jim-mellon-at-the-moneyweek-wealth-summit Interesting talk by Jim Mellon
Cancellation of trading on AIM / Potential acquisition
SalvaRx provides the following information regarding the admission of the Company's ordinary shares ("Ordinary Shares") to trading on AIM.
As previously announced, following the suspension of the Company's Ordinary Shares from trading on AIM on 9 July 2019 ("Suspension"), if neither a reverse takeover nor re-admission to trading on AIM as an investing company under the AIM Rules are completed within six months of the date of Suspension, then the Ordinary Shares will be cancelled from trading on AIM pursuant to AIM Rule 41.
As noted in the Company's interim results for the six months ended 30 June 2019, the Company has been evaluating a number of potential acquisition opportunities. The Company is now pleased to announce that it is in advanced discussions with an acquisition target which is a leader in the field of oral immune therapies. Should this proposed acquisition proceed, the Board of SalvaRx anticipates making a further announcement early in the new year, setting out full details of the transaction.
Despite efforts to conclude a reverse takeover before the cancellation date, it will not be possible to conclude the proposed transaction before 10 January 2020. On this basis, the cancellation of the admission to trading of the Ordinary Shares on AIM is expected to take effect from 7.00 a.m. on 10 January 2020.
What the implication will be when canceled I have no idea. Another listing?