Member Info for Newuncle

PPP owns zero acreage in terms of assets they are simply not there

Looks like this goes legal with no vote then

Yes, creditors can sue a PLC (Public Limited Company) if the company fails to meet its financial obligations, such as not paying debts. A PLC is a separate legal entity, and creditors can pursue legal action against the company itself, rather than its directors or shareholders, to recover what is owed.

Not voting means your vote is treated as a yes vote

Main market share lofl

Will voting no mean lunn and his associates take legal action to be paid out, others have .

Lunn or his representatives could take their debt claims to court? Others have as we know already

Can I suggest tgm research rules on creditors debts and how creditors can pursue if remains unpaid after the GM no vote.

So many resigning? Why?

Can lunn just burn the house down if he doesn't get controlling shares? Could he still benefit in some way, yes or no and why please

There are other plc companies where the CEO or chairman have significant shareholdings well over 20% or "golden shares" they don't seem to be aligned with other shareholders in most cases actively avoid giving them what want whilst they have the power.

We know that his history suggests he will not deliver an operating business. That would be down to the CEO whoever that might be

Let's stop the share price guesses as well no point in that.

Ok so the no vote successful passes, what happens next, scenarios!m? There has to be more than one way this goes so play it out .

Frustrating that even after all this time, Lunn updates still leave more questions than answers, in answer to a comment last night, now that what the true definition of being obtuse is.

Lunn just playing for time still

So not before 3 July then

Last point does the prospectius have to issued before 3 July yes or no?

Anyone got a clear understanding of:

> Why no accounts issued even though all is now in place with the auditors?

> Deadline in dates terms of when the New Prospectus must be issued?

> Definition of what is meant by being in default with creditors in terms how it affects a company coming back from suspension?

Is it? Still dropping on my chart.

GW,

Can't really argue with your views.

> Still waiting for historic accounts, Why no excuses left for not issuing now?

> My key take away right now is what is Lunn playing at by putting that statement in the last RNS, is he simply saying the company will be in default re historic debts, what are the real implications legally of that as a PLC?

> Still waiting for a new Prospectus, again how long has he got until he absolutely has to issue it, what is date deadline?

The General Meeting is being called to obtain authority to issue these new Ordinary Shares. An application will be made for admission of the new Ordinary Shares to listing following the Company's Ordinary Shares return from suspension.

The Company is fully aware that it will need to publish a prospectus to cover these new Ordinary Shares before such an application can be made for their admission to listing.