Member Info for JOHNO77

I see MRS have suspended today. I was gonna buy in there for a quick trade a week or so ago.... Was going to say I dodged a bullet there but guess what I'm in ONZ instead....... Goes with the territory on AIM...... ;-)

Haven't a clue. I imaging trying to sell shares if delisted would be an absolute nightmare tbh. Not thinking along the lines of de-listing for now as that is a worst case scenario for me. C'mon where is this update...!?! :))

Doc Holidays weekly round up on V0xmark3ts mentions ONZ, he seems relaxed and is confident in the company satisfying the regulator and coming back from suspension. https://www.**********.co.uk/blogs/midweek-round-up-ii/

Well some sort of update detailing plans going forward will be nice in the coming week. If we don't get one I will be massively ****ed off to say the least...

Sick as a parrot is more how I'm feeling at the mo!

Listened earlier. Doc knows his stuff but there is nothing new here to shed any more light on the subject. He's none more the wiser than us on this one atm. Just got to play the waiting game now.......

Yes rebellion mode at this stage would not be helpful at all IMO... If I was on a BOD trying my best to remedy a situation and the investors were on my back non stop, in the end it would get on my t*ts and I'd end up thinking sod em!

It's very frustrating I agree AJ. . Can't wait for a formal update but there is no point until they have something of substance to tell us I suppose. Hopefully plans are in motion and it won't be long. I can't see the investment policy being fullfilled unless they've got a hidden gem of a resource investment under his hat (I doubt it) where we are going to plough our funds. Think / hope that N4 will reverse into ONZ. That deal will cost some money in itself. I did some research and and RTO can sometimes be as costly as an IPO. Are these costs around 500k? Correct me if I'm wrong pls someone as this may be out of date. This is of course dependent upon how N4 are getting on and how much appetite there is for their story. I personally invested here purely for N4 so it's a story I believe in. GB obviously new this was going to happen so I am assuming he had a plan. If not it will be negligence / incompetence on a huge scale. I am keeping positive and waiting the update...

Thanks guys. I'm taking that a a positive. The situation is obviously frustrating as I have ( like most of you ) lots tied up here Let's hope things go as desires with the RTO. I just don't want it to go to the wire with the full 6 months...

I think you're correct with the 3rd option, a canny BOD. I think the initial intention was obvs to invest 75% in resource but when the opportunity came along in N4, the BOD's heads were turned in the direction of the pharma sector. I think most of us are here for N4 and Gavin B / Luke C are no different in their assessment of the company and its huge potential. As you say, they've known for ages that the policy would not be fulfilled and that is why I think this situation has been engineered by them. I haven't a clue how difficult / what the process would be to amend an existing investment policy, so maybe it is just easier in this instance to suspend and then RTO. Maybe the 2nd investment that was mentioned in the 1/2 yr report was also a medical/biotech one and therefore the BOD knew a new investment direction was required...? As people have mentioned NT has 16% worth over 400k. He must be privy to the goings on and would have given his blessing that this situation was best in the short term going forward and necessary for the future advancement of both N4 and ONZ.. All just my assumptions / thinking aloud...Who knows what will happen but I am confident of a positive outcome for us all.

Agreed there apart from re Gavin. He defo knows the rules he has been in corporate finance for years. He must have known this was going to happen so because if that I think situation was engineered by ONZ and must all be part of the bigger plan going forward. Hopefully reversal by N4 is the plan

************* article now out stating the suspension is due to not investing 75% of deployable funds into Resource stocks.

No probs. I didn't know if that is specifically why we are suspended but I'm just speculating that this may be the reason. I don't think the half year report itemised how much had been invested and where which makes it difficult to work out.

Thanks for posting Forrest

Cash - we've made investments but the allocation has not been in line with that of the stated policy. i.e. 75% of invested funds Should be within resource sector.

Completely agree cattleman

Well it looks like initial suspicions were correct although we got our dates mixed up re 'by last Friday' or 'by the end of last Friday...' Agree with AIM Chaos as per below. Hopefully this means a reverse takeover of N4 Pharma and lets hope it doesn't drag on for the whole 6 months. I think this create value for shareholders, the BOD will have know this was coming for a while so will have been happy with it and will be well on their way preparing for the best way to proceed. GLA

Agreed FC. What is clear is that another investment is imminent so I think anyone buying at these levels is going to be a very happy a few months down the line... Looks like we have hit really decent support here, can't see any downside tbh.

Well I think we can all agree that with N4 we have a great investment here. The rns statement re investment policy was a strange one. Haven't a clue if it is standard but and not sure either whether we have 75% of our available funds in resource stocks as per our policy: 'The Company will seek to invest a minimum of 75 per cent. of its deployable capital in, and/or acquire companies or interests within, the natural resources sector - in which the new Directors have substantial experience as founders, investors and advisers.' It was a genuine query and I am not de-ramping as have a decent amount invested here!!! Tomorrow should come and go and we will be ready for the next leg up (which I think will be a hefty one)... GLA

Oops, forget that, there were 3 of those 10k trades but 2 have been deleted!