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Good afternoon Citi: where are you when we need you? We need your review of all these Scoffman revelations and what your “ramping” view is please. After all, you must be able to tell us why this business arrangement, announced on RNS today, is GOOD for the Share Price. 🙏
Whatever is raised it won’t be enough .. and interesting to see that Panmure Gordon haven’t underwritten part or any if the Offer. So much for their support.. they will have helped in cash flow by ripping commission from the Placing proceeds and additional fees fir advising MoS on matters pertaining to this Offer.
Citi.. apologies but it was posted in error. 🫣 but there seems to be a discussion ensuing with an interesting post from “Guzzler”.. This wasn’t intentional. This posting is pertinent to Royal Mail debacle and another company (not connected with you) that is having problems.
Hi Citi / I’m not accusing the Company and/ or any of the Board of Directors (jointly and/or severely) and/or associated corporate entities and/or Stakeholders et al of anything….! Don’t jump to conclusions…
I’m so depressed with you Citi.. we all considered you to have the ear of Epstein; answer any questions quickly; rebut unfounded concerns and comments, and be a font of most knowledge about MoS… and now your only suggestion is that “I ask the Company”. Well, on past performance I’m not going to read any more of your posts… irrelevant. But, my question about where the Agreements are determined is so important. If it’s Mexico then MoS has no chance let alone the funds to challenge anything in the Mexican Courts. If the U.K. then will the Mexicans give any credence to what U.K. Judges may rule - that’s if MoS has 2 cents to pay lawyers. As I said at the outset.. MoS should concentrate on sorting out and progressing its home market before throwing new money into something across the Atlantic Ocean as a minority….
Citi.. your answer to my question was …” I’m not doing your research for you Lothbury suffice to say Estadio bet has their own licence issued by the Mexican Government…..end of.…”. My question had NOTHING to do with Estadio’s Mexican Government license… never questioned what, if anything, Estadio has. I just asked a simple question; so simple that even Trump could understand… but let me rephrase : the new agreements that MoS has with Mexican entities will involve share purchase and investment agreement; shareholder agreement; Licensing of technology and proprietary matters. Do you know if these Agreements are interpreted under Mexican or U.K. laws and any dispute resolved under Mexican or English law?
Yes Citi, I do have an email but I would prefer you answer any questions on this BB please so everyone has up to date information (not just you…!). Could you also, if at all possible with your contacts at the highest level of MoS, established if the contracts between Estadio / Mexico and Mos are determined under U.K. or Mexican legal system?
Morning Citi :: the only information made available to the public is the recently published accounts to 30 June 2023 that shows MoS owing money to Ignite. You, obviously, now have more up-to-date information about the account balances between Ignite & MoS. Where did you obtain this information? What services did Ignite provide to MoS?
Citi; I just can’t believe the arrogance or idiocy of your last posting. Clause 20 of the Auditors Report on the accounts says.” During the year Company made payments of £172,200 excluding VAT to IgniteAMT Limited. At June 30 2023, the company owed IgniteAMT Limited £25,280.…”. Either you are somewhere on the iCloud or you have inside information from the Director(s) of MoS and they are using you as a third party patsy mouthpiece. Please don’t now say the Auditors are wrong…!!! They work on files and information provided by the Board of MoS. Your probity and professional credibility is seriously coming into question.
Good evening berniebassett. You commented “Jibberish from Lothbury” concerning the payment of circa £200,000 by MoS to Ignite. You also asked if someone could post a link setting confirming my statement. With the greatest respect, Mr. berniebassett, may I draw your attention to the statement made by the MoS auditors in the recently (last week) published MoS accounts. May I further suggest, that in answer to or refuting your erroneous statements, that you read this recently published MoS Report and Accounts and accompanying statements.
I am also very concerned by Citi’s statement …” have been going since 2017 and have a lot of clients…”. Ignite has 1 employee, Mr. Epstein. If Ignite has lots of clients then when does Mr. Epstein have time to manage the affairs of MoS? Clearly a conflict of interest has arisen and needs Bob Moore, the Chairman of MoS and as Non-Executive Director who has assumed responsibility for ensuring appropriate corporate governance standards are in place, to investigate these matters under s. 172(1) of The Companies Act and report to the Shareholders at the forthcoming AGM on the 31st January 2024.
Afternoon NewToThis. I’ve only just started drafting the request to PKF as I have been getting my regular blood test this morning \ from experience with SFO, these things take time and don’t get an instant answer. I expect PKF will seek to engage the Chairman and Governance Committee but, in the background, start to look through their audit notes and info they can quietly get their hands on. It is the Chairman with Independent Director(s) and company lawyers that need to undertake an arms-length investigation. PKF can review detailed info if asked to or wait for the next audit.The plain fact is that through the likes of Citi, the Board will now have been altered to this fact and the disquiet amongst Shareholders who area members of the BB. Once again, we should thank Citi for his support and assistance.
Good morning Citi.. Hope 2024 is going to be a happy & prosperous year for you. Your reply says that …”MoS still needs services for this platform…”. So I ask the question AGAIN: What services did Ignite provide to MoS that resulted in MoS having to pay Ignite nearly £200,000 last year? That’s a huge consultancy fee to a company with 1 employee where the principal turnover seems to be from another company that has, as their CEO, the same person.…”. What service is Epstein providing MoS that costs circa £200,000?
Good evening Citi. I was wondering if you now have the information regarding my question of this morning. …” So, could you help with one outstanding but major question please? What services did Ignite provide to MoS that resulted in MoS having to pay Ignite nearly £200,000 last year? That’s a huge consultancy fee to a company with 1 employee where the principal turnover seems to be from another company that has, as their CEO, the same person.…”.
Citi / you’re correct that I hadn’t researched properly otherwise I would not be a shareholder. But we learn from our mistakes in life… As I said, I’m impressed as to your ability to get information so clearly and quickly, by email, from the Board (Epstein). So, could you help with one outstanding but major question please? What services did Ignite provide to MoS that resulted in MoS having to pay Ignite nearly £200,000 last year? That’s a huge consultancy fee to a company with 1 employee where the principal turnover seems to be from another company that has, as their CEO, the same person. If this is a legacy from Krunch then why didn’t that come to MoS as part of the Krunch acquisition? Your help, with detailed information, would be very much appreciated in putting our minds at rest.
Citi .. in reply to your question and I answer again in case you missed it.. I am regrettably a shareholder. I have expressed my views about the investment and Estadio, which doesn’t impress me or give me any confidence. Hope this helps.
Good morning Citi. Thank you for your information. Taking para (1):- …” 1. MOS owes Ignite the some total of NOTHING...”. I think you mean SUM not SOME? According to the accounts MoS do owe Ignite money but thank you for the “inside information” clarification. I must say how impressed I am with your up-to-date information on MoS that isn’t available to ALL shareholders and look forward to your continued contribution to help us understand what is happening - especially as the many “Board and senior management updates” dried up in 2023.