Hello Cashking30 Aug 2015 14:45
Yes, the share restructuring, success of the proposed subscription and getting a chap like Bob Holt on board can only be good news.
The share consolidation gives credibility and liquidity and I suspect was a condition laid down by the subscribers.
The funds to be raised by the subscription give TLY breathing space and the resources to push forward with phase 1 of the new venture and perhaps gear up the NHS business to business opportunities but we know that there are difficulties in pinning down these NHS contracts/renewals.
Finally, Bob Holt is a real catch, albeit as a NED, but never the less has a track record of business success and I am sure he would not wish to associate himself with any business which he did not think could succeed.
I feel that TLY are being re-born and hope very much that the new direction will benefit all involved. I've taken a more cautious strategy with AIM so TLY is not for me until I can see more solid revenue potential - by which time of course, I will have missed out on the 'ground floor' growth opportunity but hey ho!
All the best.