Member Info for MrTriumph

Anyone know what has happened with Myo, not seen him post on here for a very long time. Is he still in? Trading statement pretty mediocre and where has the cash gone. Cash at 30 June 2011 £4.7mill, cash at Dec 31 2011 £3.4mill!!!. I thought Tan received circa £3.7mill end November 2011 final Smith Instalment. If this was the case how can trading in H2 be the same as H1, they have lost too much cash. Cash at Dec 2011 should have been circa £6mill if everything was the same. Obviously not, more clarity required from this management I think, and fingers out, as the statements are same old story every time.

Hi Myo, yes forgot about the possibility of Tan offloading some shares, which I think is a certaintity. The reason being I believe they need £10mill minimum in cash to be able to get Snorkel to profit, selling part of their share would ensure this. The sceptice ah where are they, I suppoe they are already lining up the negatives as we speak, just take them a little longer now to find the holes in the news and potential here.

Myo nice to have you back, thought you had disappeared off the face! or gone to the states to see what is happening? Anyway agree with your statements, I see it as a $500 mill float minimum, based on the investment banks involved and what they are looking to raise. I hope our share does not go below 20%, but I have my concerns. Good to have some news on this at last though, now lets see what happens.

Anyone heard from Myo recently, I would like to know his opinions on current events? Myo!

See link below, filing date 21 Oct not quite sure what it means, although looks to me as if more fundraising 30mill $. http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001455900

I don't think so!!!! Also it states renewed speculation, this is the first time I have seen this report, so where was it released previously, any offers?

I can categorically confirm that I have no information that is not in the public domain, all I want to do it have a brief chat with Myo off board as he is quite correct when he states, investors probably have been in contact with Tanfield and they do not want to broadcast this over bulletin boards. I want Myo to give me his thoughts on some comments that is all, nothing sinister whatsoever. I have approached Myo because of his history with Tan, and he is very knowledgeable about them. Myo I have an email set up and will post the address over the weekend.

I think you will find that his total holding was made up of a) shares held, and b) shares in a spreadbet account. Myo, thanks for your reply, however I don't want general information, I probably know enough about Tan to write a book, I have some comments in my possesion and want to run them past another knowlegeable investor.

Myo, have you a temporary email address etc I can briefly contact you on, I have a few questions regarding Tan that I would like to run past you, and not publicy post these on any boards for the moment. Regards Mr T

Steve Ball, who is that, anyone know?

Myo What is your considered opinion of how this merger will play out, the current deadline is Monday I believe therefore we are running up to the wire again. I somehow believe another extension will be granted and SEVUS will pay us another chunk of funding. The sp has had a fair run this week, unlike in the past when close to the announcement we get a sudden surge maybe over a couple of days, then bang indifferent news hits and the fall back begins. I would be very interested in your thoughts here.

Myo all I can say is keep up the good work you do on here, I concur with all you say. I too have been in contact with RS and he seems a very genuine man, always pleasant and always replies. He is also aware of the many out there that publicy **** him off, he is also very aware that the market have not forgiven the current BOD for what has happened here, and as he puts it, it will take a big turnaround in Tan's fortunes to convince the many once again. Recently I have been a little disinterested in Tan, and have traded some shares, but did take up the offer. I have topped up again in the low teens and will hold now until this deal is done. Finally I agee it could be that some posters are deliberately trying to see Tan fall, and will not agree that if the deal does go ahead Tan will be in a good place. Johnga I am afraid is one of those people, it appears he won't accept any positives it's all negative, and he did state that he was back in after the Director buys. Why **** people off who are prepared to attend AGM's and report to posters that have not, it is all quite silly. Roy's email address has been posted on this board and if anyone can be bothered to contact him they can, but alas for some people, they just can't be bothered. They would rather post insults on a bulletin board than do something useful. Finally my final thought is this, if someone has bought shares in a company but all they appear to do is **** that particular company off what does that tell you, it tells me either they have not bought shares when they say they have or they have some other agenda, and it should tell everyone "don't believe a bl**** word they utter. Or are they merely attention seekers who have nothing better to do. Make your minds up!

Johnga One point of correction Any suggestion that the irritated seller would provide you a 4 month window of exclusivity for this imaginative offer without funding, allow you to extend it by 2 further months because you were 'almost' there' with the funding would seem extraordinary without sight of any cash whatsoever at this point. I think if you check carefully we did see some money this week, 1milion dollars was paid to Tanfield as a non refundable deposit.

You say a lot of stock is obsolete and decaying in the car park, really, well no reports of that have been forthcoming from holders visiting the site, a little quiet yes. Also does that apply to the states as well, if so how do you know? TC be careful, I think the whole group could be shifted to the states in the end, if the SEVUS deal goes ahead then the base will be the US, and Snorkel the now one brand is also based in the US, therefore all US based! Think about it? it does make sense.

TC I assume you are an employee, in that case why are you posting messages at 16.57 on message boards shouldn't you be at work. Asf or stock levels, according to Tanfield they had 39m in June, that is a lot of stock they have gone through? Where is it ? One final point, do you know what the situation is in the states, with Snorkel inc, part of the group, perhaps they have all of the stock!