ecovest9 Aug 2013 11:44
I've asked my nominee account holders to vote yes for me. As you say, we're definitely going to get nothing the other way though it does seem, as Pterodactyl says, it's a reverse takeover on the cheap and also a way for Morrison and co to save face. Don't be surprised to see them re-surface somewhere in a few months all squeaky clean when they should be drowned in the SLiME.
Reading further I should expect these shares to be reinstated IMO @ 0.1p or less. Then they'll come up with some marvellous ideas that need massive financing, issue far too many shares, consolidate at 1/100 and Bob's your uncle you've got the Great Tern flying. Don't know if they've yet noticed Tern make bikes -
Tern
Company
Tern is a privately held company that designs, manufactures, markets, and sells versatile bikes for everyday use. The company is based in Taipei, Taiwan and has offices in the US, China, Finland, and the UK.
On yer bike Morrison.