Member Info for LTHcine

17.36 by 2nd court

Its all hypothetical anyway because we would all be too poor for flights if the FCA has their way

If we all met up we wouldnt need WiFi dum dum, we could just walk around the yacht doing willy windmills

Only thing different here KJU, is that no one wants to come to your party.

Maybe in 3 years we will be able to come up with a scheme that is fair for all, which is what i thought they were supposed to be doing this time around.

Sara: "This scheme is unfair to shareholders. Just as the first scheme was unfair to creditors."

So what shall we do, drag it out another year and see if anything is left? Maybe 2 years?

Im kinda bricking it daily with the prospect of being diluted by 95% if i can scrape the money together to take up the RI, but this scheme proposal is so outrageously unfair to shareholders that it might just pass.

I thought we had until 2030 before we would own nothing and be happy, but it looks like the powers that be want to strip us of our assets a little early.

I still dont understand how the FCA let everyone who made money from Amigo walk away scott free and then shareholders are now being painted as the bad guy for dreaming of future potential profits so they should be punished? Alot of us are massively down and just hoping to recover.

Reading RoyRoy's post really brought it home how sad it is, that its came to a point where honest hardworking people who invested their savings in search of a better life are being punished for previous lending practices which in all honesty is not like we ourselves were involved in that? As far as i am aware Amigo was compliant with FCA regulations when they were allowed to IPO and then they change rules on lending and backdate it and we find ourselves in this situation. FCA have failed their duty to protect consumers and its becoming glaringly obvious they are a stain on the UK marketplace and totally unfit for purpose! They have become greedy for their own personal gain through huge bonuses and lost their way.

https://www.dailymail.co.uk/money/comment/article-10454845/JEFF-PRESTRIDGE-notice-FCA-goes-strike.html#comments

Good luck everyone, Gary Jennison is now Amigos' most valuable asset, lets hope 2022/2023 can see an end to this madness once and for all.

Last time they suspended the shares just before 2nd court so people were able to listen into the court Stevie, imagine same thing this time.

Why would i waste my time giving arguments for/against amigo or the board? They either mange to turn this around, or they dont, not looking the best of times right now and anything i say not going to change that.

Remember when the judge told Sara Williams to pipe down, that was a great day

Mark can't you see thats the reality already? The existing loanbook going to claimants as "extra" payment. The only equity left in this company is the money we will have to raise ourselves anyway.

Mtel - Judge will just say amigo can go ahead with the customer voting process or not! same process as last time around

Thanks goat

What exactly is she trying to accomplish RoyRoy? I cant work it out, she gives such bad financial advice to stop paying loans and HOPE their claims are legit (after advising them how to lie about gambling addictions and so forth)

Yes i know, but they should have had to be a bit less demanding and settle on half the pain we are about to receive if hold on.. ah well

Twitter group will be back in at 0.0017p

in the judges notes from scheme hearing, off top of my head i think it was #78 says that it is commonplace for "some" equity to be transferred to creditors via debt for equity swap. WHY HAVNT WE DONE WHAT IS COMMONPLACE!! Give them 475m shares in ALL SCHEME and sell to the market when it reaches say 50p

yes 95% dilution on top of our 85% losses currently, full 100% wipe out..

we need to raise 300m, now work that out, iv gone back to standing on street corners

sorry im new and havnt researched the history, who is SK?