The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
One of the problems with the written word is that you can’t see the writer’s tongue wedged firmly in his cheek.Loosen up Gazz:))
MD
Well let’s just hope that compiling a list of shareholders and logging how many shares they hold to enable them to pay the divi doesn’t involve any printing.Because as we all know printing in the AMC office system can take up to 18 months if the TEO is anything to go by.
I suppose if they go to an RTO and shares are suspended that might be an even bigger time waster.I’m sure that Mr Young’s fantastic knowledge of AIM rules will enable him to do exactly what ever he wants.Rest assured he’s got it all covered.
MD
Who knows Jarv,seems to be a lot of floaters about though:))
MD
Surely the best plan is to get back on the meds.
MD
Yeah I’m sure he’s got it in his wife’s account earning a grand a day.What dumb thing to say
MD
Has anybody any idea where the 35milion is going.Cypress ? Uk? Bvi? If it’s Irosta trading that’s being purchased from AMC I wonder where AMC bank?
MD
Of course we’ve had no waiting here over the years :)))
MD
Well the fact of the matter is we ain’t got a clew when what or if anything will happen.
It turns out that poor Mystic Meg didn’t know either
MD
Thang you very much uh hu
MD
Totally agree Pass,tik tok and their money is running out also their gas generating system to kick in.2yrs left and still they just have meetings about meetings.If they have a brewery i that is a mess too.
“Little less conversation a little more action” is what’s needed
MD
If you consider the radio silence,which if added up amounts to literally years.Then take in to account the amount borrowed at ridiculous cost which diluted the value so much,there is no goodwill to fall back on for Robin Young.If the last year has been wasted and nothing is lined up and ready to go within 90 days of completion the cash cow will just continue .The negotiation skills will have to take a massive leap in order to produce any shareholder value.For long term holders the only way is to get the hell out is if there is a spike that gets anywhere near break even.If that opportunity doesn’t arrive(do not hold your breath) then await the opportunity to vote them out come December at the agm and move on.
MD
Etank,perfectly summed up
MD
Wow,thank goodness for that.
MD
Shadowless,yes that is where I stand too.Just update us to the current state of affairs.
Gazz,I get that,but frustration seeps through.
None of us know all the ins and outs of the process,that’s why I don’t understand the silence.There was always the feeling that management didn’t want to ruffle the Russian establishmement feathers,but that is all past now.This is a sale by us to a Russian company.If it can’t be done tell us.If it can tell us how it’s going ,it’s not a state secret.Do something.If the shell can be sold do it.If that can’t be done wind it up and put the misery behind us.
MD
Well I’m pleased for you having had such a well travelled life.
I think perhaps we should mainly stick to the fact that we are shareholders in a lse registered company.The ceo told us 5 months ago a deal had been done to sell KunManie.If he did not think it could be completed,why did he announce and ask shareholders to vote for it.
We were told the Russian government had agreed to the sale.I say again what is happening and where is our money.
MD
If a transfer or a deal could not go through why put it to the sh’s.If you are wanting to carry out a transaction such as this you surely do the research.You don’t have a egm and then find out it can’t be done and then ignore those sh’s.We are 4 months down the road.We have been in this position before thinking no news is good news or the old chestnut of “things going on in the background or behind the scenes”Always with the same result NADA..
I don’twish bad things on him as some do,but the time for niceties and patience are gone.
As I said before where’s the @##king money.
MD
My point entirely open an acc. In a country that will accept it and get the money under AMC’s custody and control and out of Russia GET SOME BUSINESS DONE
MD
Patience
MD
My point is he is a useless businessman and your mention of the international situation is misplaced.As I mentioned previously companies such as Red Bull have continued to sell their products in Russia for the past 12 months,I am sure they are receiving payment.
RY deserve no allowance of any patients because he is inept and costing shareholders money
MD
Russian government ok’s the deal and 4 months later Robin Young and his bod cannot find somewhere to bank the Money.
MD