Member Info for optimist13

Well....that took some finding.

The "Option Period" expires on the third anniversary of Admission, which makes it the 11 July 2022.

https://www.investegate.co.uk/kcr-residential-reit--kcr-/rns/subscription-and-strategic-agreement/201907121624304368F/

If Torchlight exercise their remaining 36m options, this would take them over the 75% holding and then allow them to do whatever they want with the company.

It would appear that Torchlight will end up controlling KCR having paid a significant discount to the prevailing net asset value of the company and LTH's will see a material decrease in their investment.

The problem as I see it is the option agreement that is in place. Torchlight who now own 55% of the company have 36m options remaining which can be exercised at 95% of the prevailing share price.

Can't remember if their is an expiry date on the agreement, but until this is sorted, the share price will be held back and easily controlled by vested interests.

https://www.proactiveinvestors.co.uk/companies/news/964936/samarkand-group-swoops-for-historic-edinburgh-herbalist-in-2-4mln-deal-964936.html

https://www.investegate.co.uk/samarkand-group-plc--smk-/eqs/napiers-the-herbalists-acquisition/20211102070016EONUS/

Apollon Formularies
@apollon_uk
·
14m
Apollon medical cannabis formulations are currently available by prescription to any licensed Jamaican doctor for their patients and for export via licensed partners to any jurisdiction allowing legal import.

Thanks for the feedback Mike. Very disappointing news and I hope the company is able to extract some recompense for the significant sums outlayed on this proposed RTO.

Why would you post the message if the RTO was not going ahead!....we will hopefully here some better news very shortly.

AGAplc (LSE:AAAP)
@AGA_Plc
·
36m
#AGA #AAAP @AGA_Plc

?????????? ?????????????? ?????????????????????? - ????????????????????????????
The company is heading in a radical new direction with its soon-to-complete acquisition of The Comarco Group, a Kenyan port and marine logistics firm
https://buff.ly/3hqLjnw

https://www.investegate.co.uk/kcr-residential-reit--kcr-/rns/notice-of-agm-and-board-change/202110270715014031Q/

https://www.investegate.co.uk/kcr-residential-reit--kcr-/rns/exercise-of-torchlight-options-and-tvr/202110270716014032Q/

This will hopefully lead to a significant re-rate of the share price.

Excellent news this morning for Drumz. Torchlight have exercised 13.5m options raising £2.7m and made several board changes at KCR. Expect to see a significant recovery in the KCR share price from here.

https://www.investegate.co.uk/kcr-residential-reit--kcr-/rns/exercise-of-torchlight-options-and-tvr/202110270716014032Q/

https://www.investegate.co.uk/kcr-residential-reit--kcr-/rns/notice-of-agm-and-board-change/202110270715014031Q/

https://twitter.com/low6sports/status/1453012948407013385/photo/1

Low6 LTD and BlueBet have today entered into an exclusive agreement that sees Low6 become the official free-to-play partner for BlueBet in Iowa.

Apollon Formularies
@apollon_uk
·
39m
Apollon Formularies will, through its subsidiary Apollon Formularies Jamaica,

develop,
market,
distribute and
sell

full spectrum (inclusive of THC) products in the legal hemp and medical cannabis industry

Apollon Formularies
@apollon_uk
·
39m
Apollon Formularies will, through its subsidiary Apollon Formularies Jamaica,

develop,
market,
distribute and
sell

full spectrum (inclusive of THC) products in the legal hemp and medical cannabis industry

The company tweets about Comarco have restarted....

Hopefully a compromise has been found to salvage the deal otherwise a lot of time and money will have been wasted.

https://twitter.com/apollon_uk/status/1450019984692940802

Apollon is developing a 3D printer to allow high quality medical cannabis pharmaceuticals with consistent dosing internationally with licensed partners

https://www.investegate.co.uk/rogue-baron-plc--shnj-/prn/shinju-double-gold-at-international-spirits-competition/20211014101318P612F/

A bit more detail on the partnership now on the Acuity website:

https://acuityrm.com/news/acuity-partners-with-agile-grc-solutions-and-joins-us-national-cybersecurity-awareness-month-campaign/

Good to see that the talks have not broken down completely.

As you are the major shareholder in AAAP Mike, no doubt you will make sure all parties get the best deal possible.

https://twitter.com/apollon_uk/status/1446040844621000704

#APOL will, through its subsidiary Apollon Formularies Jamaica Ltd (a fully licensed full spectrum medical cannabis company), develop, market, distribute and sell full spectrum (inclusive of THC) products in the legal hemp and medical cannabis industry

https://twitter.com/apollon_uk/status/1444961531758841858

We expect to negotiate joint license agreement whereby AI Pharma exclusively use Apollon's medical cannabis formulations in combined product in US and Canada, Apollon exclusively use Aion's medicinal (non-psilocybin) mushroom combined product in Europe and Jamaica, where legal.