d.monies is absolutely spot on. Loan notes which can never be repaid in overseas companies. We gave Human Brands £289k. No sign of them doing anything. No sign of accounts....nothing as far as I can see.
Nobody panic.....we can always get the -£289k back from Human Brands. The loan notes we hold must be a safe bet that we can get our money back. Wow I just saw a blue and pink pig with wings flying overhead.
Summer Bay Caravan Park are striving for a listing on the London Stock Exchange during 2020. For assisting them to IPO GUN will receive 2% of the equity of Summer Bay when they float. When nothing has happened regarding the IPO after 6 months this will increase to 4% to keep GUN shareholders quiet.
What can the new guy bring ? Human Brands is a dead duck........Oyster is just a figment of their imagination......Sunshine Minerals is a ghost company......Brazil Tungsten is just a mystery company........We have no idea where our 500K placing money is......no idea how much cash is left after HH DL and the new guy have fed from the trough. UOG suspended so no idea what that's worth.
Last years results were 21st September 2018 Maybe they are too scared to release this years. Maybe we wont ever see results again. Who knows. UOG share holding is our only tangible asset. Cash in bank ??? Others have posted how much should be in the bank .....the big question is how much is actually in the bank. Looking more like the £289K we gave to Human Brands is a gonner too.