Member Info for Padfoot1962

I'm in on the shareholder challenge via Trisor, and I'm prepared to financially contribute to the class action...I'm interested in what IP is within the remnants of the company, and I do not want to see these vipers transit the assets via a peppercorn purchase to a new NEWCO.

I'm significantly out of pocket, and a few times I have tried to warn PI's about these corrupt Directors, as far back as RMS days.

If enough PI's make the effort to raise a complaint, then they Directors will have a case to answer. The NNN communications alone can clearly now be seen as total misdirection. They would have to evidence all of these previous claims, these vipers had fiduciary and regulatory obligations to shareholders, and we need to chase them down.

If there is valuable IP within NNN, then it is open to the market for purchase, but we need to act or there will be some sneaky manoeuvre's. I speak as some with experience in running my own multi million pound business, and I can see what these B**tards are up to.

UG/Trisor, I'm onboard with the shareholder push back...Can you tell me how many PI's have joined the process so far?

Matt

'A Class Action'

Sometimes the Administrators, if they see an opportunity (in partnership with Solicitors), will trawl through the paperwork with a fine tooth combe to identify potential financial anomalies, that they can then pursue the former Directors for repayment via the issuing of a High Court Action. Usually the Directors pay up rather than expend large amounts on legal fees.

This can take quite some time, and often the majority of the recouped funds are then taken by the Administrators (and Solicitors) in fees.

BUT! It draws the former Directors into a drawn out process, and with a looming legal action to be served against them. The Directors then face repaying funds. Otherwise you just let these thieves (including some of the same individuals of RMS) walk away scott free.

A class petition to the Administrators cannot be ignored.

Or even potential Malfeasance.

This fraud goes back to RMS days, and I’m around £50k out of pocket. I’m up for challenging these Directors.

And if you think that nothing will happen, you’re wrong, I know from personal experience what is possible in pursuing misfeasance.

The Directors will no doubt have decent levels of personal wealth, and although the Administrators do not have a duty of care to unsecured individual creditors, they will be bound by their obligations. A significant petition from us, stating that we believe that there was Directors negligence, and we believe fraud, will put them under pressure to pursue an investigation.

Next RNS is to announce that NNN have entered Administration, that big enough for you?

You having a bad day JD…hope it picks up for you soon

Plenty of others showing as ‘Sells’, but are actually ‘Buys’….nothing unusual

Highly unlikely to be a Sell, unless the MM’s and the algorithms have gone for a liquid lunch. It’s a Buy

That 10k is a buy, as I suspect are a few others at around 1.87. A good buy in price.

What do expect Ex when you talk such a ****e scenario, pretending NNN might be waving when they are clearly drowning…you trying to encourage more PI’s to jump in and get a soaking. Call it what it is, and that is an RNS informing PI’s that they’ve been turned over like kippers, just as we were under NNN’s former guise of RMS.

I can write my losses off against big wins elsewhere, whereas many PI’s may not be able to do so.

The last thing anyone needs is you trying to make it out AE potentially something positive

That’s meant for you Ex

Idiot

Quite apt really, just before Good Friday…Duffers thought he’d rub salt into the wounds of the already Crucified shareholders. This company has a history of defrauding shareholders

No doubt plenty of insiders have made a lot of money short selling, Duffers included

LOL

From my way of thinking, the only way seemingly forward is if they have some decent Nano intellectual property that’s worth another company buying, although why not wait until NNN file for insolvency and try and get it for peanuts

To inform us that NNN is facing insolvency…they’ll run out of road by June or even earlier depending on spend…a total bunch of crooks, they’ve been sucking the company dry since I’ve been here for at least 2 years, while lying through their teeth, and failing to harness any revenue, with the exception a pathetic 10k last year