Member Info for Latino

Word is ‘likely’ not certain, seen many times CEOs pull something out of the hat once they’ve failed at GM. especially where it orchestrated which what it feels like here!

Shareholders should be aware that if the Sale Resolution is not approved by Shareholders at the General Meeting, the Sale would not proceed as currently envisaged and, as such, the anticipated net proceeds of the Sale would not become available to the Group. Accordingly, in light of the Group's reducing cash position and the challenging trading environment, it would be likely that in due course the Company and ITSFL would not be able to meet their respective financial obligations as they fall due and there would be no alternative other than for the Company and ITSFL to enter into administration or some other form of insolvency procedure under which the prospects for recovery of value, if any, by Shareholders would be uncertain.

That’s why the wording states ‘likely admin’ but not a certainty. They are using ‘admin’ word to scaremonger PIs into a yes vote. Truth is Adam would not let this go into admin for 2 reasons: his 23% stake and that he still values this business. All games being played!

MMs happy to take all my shares in one hit, they are accumulating for sure and happy to flush out weak holders as many as they can.

That is why it’s very naughty from the CEO taking shareholders for fools. Hopefully a no vote and CEO taught a big lesson lol

No vote likely, in this case he will have no option but to resign. Will be very embarrassing.

If the vote is NO, they can’t delist and sale cancelled…BOD and Adam will have no choice but to resign - will be very embarrassing and result in big reputational damage…their positions will be untenable!

Thru my broker, all holders should have had an email yesterday.

Scammers!

Great MMs flush out just there, now asking premium!

At these prices their is a serious chance of a bidding war, if shareholders reject one would think..,

Maybe, if AMC can then surely EUA can also.

Can’t even hire a new CEO yet it’s been some 6 months and we’re still waiting…all talk little action so far. Need to start delivering!

Money is paid it’s confirmed in the RNS, they waiting for bank receipt…

Yep no ex div assume they want to confirm receipt of payment first. So to me that means anybody buying now is guaranteed 1.8p dividend…!

RNS Extract: The Company will continue to be listed on AIM as a Rule 15 cash shell which intends to provide enhanced opportunities to create and deliver shareholder returns.

Value should be around 3p, when you consider it’s a clean shell with zero debt.

To make a statement here…gla

Going to blow…!

Will have to close or could face big losses if need lands!

Company changing news imminent gla