Member Info for Lothbury

Citi : remember this you posted on tbe 3rd July? Do you still hold by this price assumption?

“.. It’s going to the moon Lothbury - make sure you get in early when it comes out of suspension Weedavemacs prediction of 2.3 looks quite conservative no….”

So Citi: this is where I would value your expert opinion please. If the deal goes ahead it will be treated as a new company seeking a brand new Listing. What , in your opinion, will be the Market Cap (which is determined by the market and NOT the Board). Will it be £100 million; £50 million; £15 million; £5 million or a PE of say 15 based on a Board Statement of forecast EBITDA for next year? I suspect that the Mexicans will offer a bake-out to MoS shareholders: they have the technology built in .. what else do they now need?

To issue the EGM within the period required for Suspended Aim companies : MoS would have had to issue the documents and EGM Notice prior to today. BU5 now look at Rule 14 for RTO deals: The combined group must apply to the London Stock Exchange (LSE) for admission to AIM as if it were a new applicant. Then look at the reporting requirements under Schedule 2.. So; the nett effect is that the current share dealing and quote is cancelled and the new enlarged entity has to go through the hoops, under the respective Schedules, to be allowed to have its shares quoted on AIM. If the deal doesn’t go ahead then the Board can apply for a lifting of the Suspension: if it goes ahead then the Board need to get approval from the Listing Directorate Office of the London Stock Exchange for MoS to be admitted into AIM. Hope this helps you and why I am now getting concerned about this deal.

The silence is deafening and ominous???

For clarity Amteck : the Articles say it’s 16 clear days for EGM Notice; one day for Service and one day for deemed delivery on top of the standard 14 days. So the 16th September is the deadline for 1st October meeting.. is “no” news good news or bad news?

When the Board have something to announce they will do an RNS : regrettably, they have no news .. (good or bad)..

When the Board have something to say they will issue an RNS. Currently, there is nothing the Board can say… my concern is that having told us they were off to Mexico to what seemed “do the i’s and x the t’s” .. there’s no news of their success or otherwise of this most important meeting between “all parties”. I wound have hoped for an update to their last RNS : after all, it won’t affect the share-price..

Citi : I find your replies amusing. You said “ you’ll make as much elsewhere…” Your comment presupposes you known what my average share price was and what the opening price will be when the Re-Listing is approved and trading starts…!!! You do need to consider carefully what you are posting.

Citi.. I’m glad that you consider there could be people queuing up to but the shares. I’m at the front of the sell list. Please BoD .. come back with a great deal that will underpin the share price… I’m not aware that anyone has overtly said the BoD is dishonest.

I really don’t care if they are having a great time in the local taco bar.. just as long as the quote gets reinstated so we can sell….

Today the MoS team are in Mexico to, hopefully, hammer out a deal. Good luck ..

Silversprings.. there is a mathematical calculation used by Brokers; Market Makers and investors to calculate the SP in these and other circumstances such as Rights Issues. Please speak to your corporate financial advisor / stock broker and as them to calculate the Opening Price and where it could drift to if there is no buying support. You may also wish to ask what level of profits have to be achieved (with comparable sector PE ratio) to hold the suspension share price when MoS starts to declare profits and dividends. When you’ve done all that then please post your research…

There might have been a 1,347.06% increase but you can’t sell the shares..! And when the dilution comes the sp will be half the price if was suspended at (that’s a simple maths equation)…

I would not have invested if I knew that such huge shareholder dilutions were coming; overpaid in cash for Krunch and failed enterprises such as NFT venture.. Did any of the current Board receive any of the Krunch purchase money…!!! And, to save MoS we have now gone into international gambling and ceded control of our investment to a Mexican cartel… one day this whole saga may be the subject of a tv series (Bridgerton; Downton Abbey; Robert Maxwell or can we conjure up a name using the letters MoS)… happy days investors.

“..in it for the money..”; isn’t that why we invest? In the case of MoS we want to be able to sell wether at a loss or profit.. it moribund money tied up in a share that doesn’t pay dividends..

The outcome of this deal is totally out of our hands. It’s down to the Mexicans and MoS Board agreeing terms; The Stock Exchange agreeing to a re-Listing; The EGM Vote being approved. We have all been diluted out of sight and will be seriously diluted by this transaction. I hope the Board will allow existing Shareholders, prior to the Suspension, to participate in any Placing that has been muted. And, finally, the financial press will have a say.. if they are at all interested. If they are..let’s hope it positive commentary. Until we see the documents accompanying the EGM Notice - we just have to sit on our hands and prey.

Good news and fingers crossed that everything is agreed and the Stock Exchange confirms re-listing.

Thank you SilverSprings but I think you may have not read the entire thread of the discussion. I wasn’t pontificating on the “boom or bust” scenario : merely advising readers where they can read the pertinent AIM Rules that may help with answering their questions. I still hold the view that the most difficult part of the transaction is how to justify such a huge valuation in a Mexican company that hasn’t traded for a whole year let alone provide a set of accounts that show profits. I’m sure there will be some creative accounting and flamboyant justification : but as long as the deal is done and the share price goes up & giving all of us the ability to sell if we want is my target.

To understand the delay and potential fee costs of the RTO.. please read Schedule 4 and Rule 41 of the AIM Rules.

Good morning Citi. To explain “abortive”… means that if the deal doesn’t go ahead..it’s then , in City terms, aborted. And yes.. to answer your question, there will be substantial professional fees payable irrespective of whether the deal goes ahead or is “abortive”. To clarify my answer to the ‘mysterguys’ question.. I doubt, if the deal deal is,”aborted”, that there will be any significant money in the bank for distribution to shareholders / most of it to be swallowed up in professional Feess such as Due Diligence accountants; Advisory fees; international Lawyers fees etc etc.. there will be many bees around this honeypot. Citi, I hope that I have now clarified anything that you understand and apologise if my posting was incomplete.