Member Info for MaxHSpringer

Hmm! So, it seems that we agree, that this is an artificial drop to snatch some cheap shares for fat cat or two!

OB it's a funny pattern. I can get a quote and was able to get a quote when it was showing as 4p earlier.
So, is someone selling and MM's acculating for someone else?

It went from 1p to almost 30p. I bought at 1.7p and sold some at 7p but lost my bottle at 18, lol

Last year when this just Rose and rose and well we know the story. I wonder if someone got winfd of a contract?

That's an idea! Hahahahaha
I'll make some calls this week and see how much regs would be involved. If it needs to be fully reged or registered it would probably be a nonestarter due to compliance costs. But my understanding is if it is a closed group it would be unregulated! Will need more clarification.

Thanks Goit!
I don't see the issue! I know that people are hurting and as much as there is faith, there is also doubt and there is market! I believe in the freedom of choice and think that in life it is best to have as many choices as possible.
I also believe that empowering oneself is key! I have never been one to sit and take it! I will get up and fight or build what I believe is right!
I think that taking the company off the market has taken many options off the table.
However, as much as the share price would've taken a hit for a couple of weeks, It wouldve been transparent and allowed people to buy or sell based on their perogative!

Sheff- I have been here for a while and if you read back you will see that I have been positive about FRR for well over a year.
Now- I see that you have only had the acct since December and only 9 posts!
So, let me say that part of me wants to sell and another part wants to buy! I presented this idea because I know that there are people who might want to take a punt and buy more and those who have (on paper lost it all).
To have a secondary market would bring see liquidity!
I might just trade it (or part of a holding) it doesn't matter. All that matters is there is no market at the moment and as far as people share accts are concerned these do not exist and have a £0 value.
So, I am answering your question and don't see why people would objective and not support and contribute?
Until Zaza either reinstates FRR on a stock exchange, our options are limited and this is just another option.
If you want to sell and someone is willing to buy those shares at that price, fine! Otherwise dont? Your shares will remain where they are and no one will touch them. I don't see the issue!

RR- no one is out to steal or cheat! If there is a secondary market it would offer a somewhat liquidity in the share.
It isnt an official market and as secondary markets go. They turn the illiquid into a tradable asset!
No one has mentioned price or anything like that (or at least I haven't). And once again (because it is obvious that you are not understanding).
Anyway! All I said was it would be good if we could either create a private group/club or even get a broker to take this on as a secondary market to allow the matching of those who want to sell and those who want to buy.
Where otherwise it is an untradable piece of paper or figure on a screen.

If this were just on AIM,you would think it would go into radio silence, however ASX regs require them to publish price effecting developments- so I am inclined to think that we will see an ANN tonight.
I am also inclined to think that news flow will pick start coming thick and fast!
Either way the market is expecting news iminemntly, so hopefully will see a move north overnight! GLA

We could even have a the handbag battle by a fountain and re create something like a scene out of Bridget Jones!

Key Western movie music #HandbagsatDawn !

RR- you are missing the point! At this point, now they are worthless because there is now way to buy or sell them.
What I have suggested is (if possible) to create our own secondary market which would allow people in a closed group/club to trade them amoungst ourselves!
I would need to do some more research this week and make a few calls, but by creating a mechanism that would allow those who want out to sell and those who want more to buy- then it gives the shares some sort of limited liquidity and value (at the moment we have neither). So, if you have neither than it is worthless because no one has the way to buy or sell it! I am suggesting a way !
S for getting the shares cheap- well like the next bloke would rather pay the lower price as opposed to a peak premium. I don't know what I would be willing to pay for them, yet! But as much as the company has asset's and cash flow now! We have neither and are not part of it at the moment and it is a very high risk investment! That is fact!
We have no guarantees and as much as you probably wouldn't want to hear it (me neither), but that is the reality of our situation.
I did say yesterday, that the value is potential and anyone picking up more would be taking a punt (at the current situation)!
So,what your problem with me and trying to put people together?

Dude!

Rainbow- as it stands (right here and now) the shares are worthless- there is no market and are not liquid! The value is a speculative value! It's a punt! And anyone who says the opposite is on another planet!
What does your share acct have them valued at?

Let's not get ahead of ourselves! If we can do it as a club or something, then the regulations should be pretty much nil! Once that's sorted a way of transacting would have to be established (i.e escrow, ect). I just think that empowering ourselves could potentially be a good idea!

Custard cream or chocolate chip, please! (The moist ones)

It would be great if we could put together a group, where we cane exchange share amoungst ourselves!

TSBS- the answer is "no"! As far as I am aware (to be verified) is unregulated and would have to be a club or closed group somehow as these shares can not be sold to the general public or is would have to be listed on an exchange and be regulated!
At this point this is a company whose shares currently are worth £0 for many people! They can not be traded and depending on the type of acct held in (previously) the broker would pull it from your ISA, SIPP or trading acct and put it in a suspense acct or proceed acct with a £0.
This is my understanding! This is not advice or anything, but I am sure that there is a lot of people who would want to sell and just forget it! And others who might want some more!

Ok Bomber!
I will make some enquiries during the week (am choker at work). My contract officially ends at the end of the month, but the client wants me to stay on a month to month! But, this would be fun and we could all benefit

I think that if we did it as a closed club or group- we would not be regulated and it's easy enough to set up an escrow acct. Either online or through a law firm possibly!
It might be other ways, but if we did this, I would want it to be transparent and both certs and money to be safe until transaction is complete!

This is a rough idea of what I was thinking, but the point is if we could do it as casually as possible and everyone feel comfortable, with minimal of expense- than I could put something together!
I am happy to hear if more people would be interested- to see if it is even worth doing the research? lol!

Bomber- who said I was selling these! What I said was that as investors in the company and no new shares trading hands, we might be able to establish a secondary market for them!
I can do some digging this week and contact the FCA for clarification! But if that is the case, I might set up a club or something!
Depends- if it's full on regs; than I couldn't afford to do it as the compliance costs would outweigh anything and is a proper ball ache!
I've been in finance off and on for 15yrs, so we could bring something to life in a secondary market/club!
If you. Guys are interested and I know there are people who are stuck with these shares at either 0 value in a proceed acct or just want to sell for anyone of a.million reasons!
The thing is it would have to be matched buys/sells and the seller would have to get certs from their broker! So, let me know!