Member Info for Pettycash

Hi Everyone ..Happy New Year ...maybe! I still maintain - and this latest Tweet simply confirms my suspicions - that N$ have a good business/ reputation and model, so will survive and thrive without (despite) Onzima's amateurish behaviour. This latest news confirms that others have confidence in N4 - and I think N4 will attract funding from 3rd parties no problem. Nigel's open market purchases in Onz have been negligible in the greater scheme of things, and I take it that h retains intellectual rights over all his work? So what would he really lose?..I don't think NIgel has much to lose in all this... But what would happen if we delist? Would we, as PIs , find ourselves in a situation wherewe have aq stake, but cannot trade it.. and I wonder ig Gavin , as CEO, would be in a future position where Nigel buys back his stake at much higher premium?? Those with expertise in acquisitions and mergers etc, I welcome any insightful input or musings.. But, my fear from day one, is that this has been a controlled event (by Gavin) that will leave us all hung out to dry, apart from the top bods. I really do not think Nigel will be worried by any of this at all.

I'm afraid I don't think Gavin is the type of person to give a flying f&ck about your Christmas, or anyone else's , but his own. His lack of communication and empathy is the mark of the man.

Exactly ...there is more to (mal)running a company than doing deals behind the scene.. There are several things i don't like about how this is smelling: G Burnell's background does not inspire confidence... The manner of the cliff-edge fall into suspension whiffed to high heaven.. and maybe just as much as those two factors, which probably includes the first, is that any decent human being/ compnay would have released at least one RNS to update shareholders. Additional to that there would have been some sort of empathy articulated to say that they understand shareholders' worries and that they understand it may be difficult for some not having access to invested cash. There has been none of this - which leads me to surmise that Burnell is an operator, who may have some nous, or not, but I don't think he has shareholders' value at the heart of operations...more his own. There has been NOTHING to state alignment with shareholders' wishes or aspirations. Very Poor IMO, and is a mark of the man,

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Thanks everyone for keeping others posted; it makes a difference. I also note, iike one of the posters that Burnell himself has basically less invested than some people here - this never bodes well for a company, when the BOD don';t make open market share purchases. Someone mentioned the BOD being "naive" to what AIM rules are regarding investment company mandates; this is a little beyond credibility..No-one is that naive. Negligent, possibly? Even worse? Possibly. The bloke's heading for big trouble with this. Regarding Nigel Theobald's share denomination, I think this is a bit of a red herring as he swapped this as part of the investment deal. He will still own all the intellectual rights I'm guessig, and if this goes private (due to whatever scheming is going on) then he will contiue unabated with the progress. Funding seems to be the issue there - but maybe there's private investment to get to the next stage. The lack of information is shocking. But Karma works in strange ways., There are quite a few people here with huge chunks invested.And people don't like to have money taken from them by a shark Anthony, et al...thanks for efforts contacting GB...and I'd put in another phone call to Beufort if I were you. I've had 3 or 4 conversations with the broker and one with Burnell since the Suspension, and don't feel that he'd get back in touch with me. But you've got his ear to an extent... so I'd go with a call AND e-mail, if you get the time and inclination Thanks in advance. Best wishes all.

with all of CharlieC's hunches and analysis there...unfortunately. and Anthony, yes, I'd get in touch BEFORE the weekend though...tomorrow maybe, then he cant use the Christmas period as yet another excuse.

That's p*ss poor , cash2 that he's never responded to you. Everyone who is invested here should get the courtesy of a reply from the company.. I'm staying quiet as I'm hoping that the next update will be positive, but I've got a feeliung it will be a little lacking in details along the lines of "Things in motion...endeavoring to sort out the issue..." etc etc.. The last e-mail to AnthonyJames was pretty explicit in its positive vibes, but I still can't help but think that they are just playing for time; Indeed, it's had the requisite effect hasn't it? We;ve all been pretty quiet waiting for the RNS- if there is one. So the 2 weeks is more than up...if you discount the Christmas period, we'll very shortly be at the 3 month mark - with not one RNS!! How sh*t is that???

am with you..

Just been quiet waiting for the update... Best wishes :o))

Hi there mate - I 've been speed reading the last 2 days messages and just re-read yours...I am SO glad it won't break you! I read it wrong the first time :o)) Best wishes...keep in touch,

I think everyone on here has been doing the most important thing we can do - and that's keep on top of it all; not let things slip by and keep perstering. Thanks Anthony for that e-mail...it soothes the brow to a certain extent, but may turn out to be platitudes, and stalling for time, but we shall see. I think the Broker's been pressing G Burnell to an extent to release something - and an RNS is the LEAST we deserve in the circumstances. csnfan - I sympathise with your plight and my heart hurts for you. This is the human cost of things that gets me angry. I'd like to think that the BOD understand the tribulations of some shareholders, but we've become so cynical and jaded with AIM bosses, that it makes you wonder. So, i've only got the base of the Gallows erected at the moment, and will wait with bated breath for the next update from ONZ before bringing the stanchion and rope. Fingers crossed.. Good luck all..

Going back to those who had the initial conversations with G Burnell, do you feel the same in retrospect about what he said about shareholders being "pleased with what will happen"...or does it seem like BS now... serious question.. thanks

I think I've had enough of Gavin's tricks up his sleeve, to be honest.

Okay chaps...nice one.. Let's keep it going and keep it together for potential future action. Will be popping in to loo every day or couple of days. Separately to the PI who spoke to Peterhouse Financial advisers, I've also had it strongly intimated that N4 will not fit the criteria for RTO. As far as the national press, i think they're pretty crap at reporting small Caps and don't seem interested in this type of thing, after being in a few shares that you would have thought might get some national attention. To be honest I reckon Tom W is more effective at targeting wrong-doing than the complacent press.

I have had some pretty harsh words with the brokers on Friday - about 30 minutes in total. Interesting chat, I must say. There's nothing specific to report here, but I have now built up a picture from the last few weeks:, which I think is true. Basically, an RTO is the only way out..But if this is with N4 Pharma there is some doubt as to whether they fit the criteria for this (I do not know the specifics of RTO criteria - that may be for someone else to glean if they can?...anybody out there?) My STRONG feeling here is that we are heading in EXACTLY the same way as TEA...and I feel that this RTO may well fail, and we'll be left in the sh*t. Anyway, I used to work for the Regional and National Press, but unfortunately don't have many contacts left as this was years ago, but it may of some help. I know the score and system. Legal action - IMO this is potentially amounting to the most monumental negligence, as even a luddite must have know they were not fulfilling their investment policy (I must admit to being blindsided by this, as although the basic maths didn't stack up, I thought they must have another plan in hand - apparently not!!). I think if this gos the way I'm dreading, we should stick together and make sure Burnell never gets his hands on a company again. Unfortunately, this may result in many people losing quite a bit of cash here. It;s up to Burnell to push through and implement an RTO, but if he can't, thenMr Burnell kiss goodbye to your personal wealth and future directorships.

...Obviously Nigel T has much more than that, but would he go along with that idea..? (Particularly as he is probably privy to what's appertaining here So, forgetting Nigel's holding, how do we go about getting together then and requesting an EGM etc? How do we collectively amsss support for that? and Charlie...what actually did Gavin say to you? Did he say there was anything in motion to sort the situation?

Told you Timeless was a brown-nosing twonker! Glad I was out at 1.8p

I doubt very much that NT will be bothered by any minimal reputation smears with this one. This is doen to Onz , not N4 Phrama...I wouldn't cling to any hope from that angle at all. I still feel this has been orchaestarted somehow to get the compnay into private hands at a point where N4 come good, leaving PIs hung out to dry. It's obvious from TEA and other indicators that they were breaching investment policy, and it's also clear that, after debts etc tec, we'll end up with next to nowt, as small investors - some not so small. I know if I had £50K, £20K etc in here, I wouldn now physically be in Burnell's face - and I don't care that I say that in public. If Burnell f*cks this up, he 's gunna be stung legally big time...Kiss yer Directorships Bye bye matey.

Just been scrolling through TEA posts...what eventually happened mate? Have just read through a few pages..

TEA - Teathers Financial...this is almost a facsmile of what could be happening to us... Could a BOD be stupid, naive or negilgent enough to duplicate such a situation? ...Mmmm Dec 2015 "Teathers was suspended today becuase AIM deemed that it had not met the requirements of an investing company 12 months after it gained that status. Over the past year, the Company has attempted a dual approach to meeting that criteria. One route would have been via a Reverse Takeover (RTO). With regards to a reverse, the Board was, until recently, in advanced negotiations with one party in particular, which would have fulfilled the criteria. In the end the decision was made not to pursue that route. Contemporaneously the Company had been pursuing the strategy to implement its agreed Investing Policy and accordingly made 15 investments totalling £800,000. So going down route two, a submission was made recently to AIM in respect to the fulfilment of its Investing Policy. However, the Company was advised that in line with AIM Rule 15, a number of investments made were deemed not to be within the investing company policy. Since then the Company and its advisory team has been working hard to rectify that right up until the suspension announced today. The company says that it is discussing a range of options with AIM. Considering AIM’s announcement on 15 October 2015 re guidelines in respect to Investing Companies, this may mean that the Company refines its Investing Policy, which will be subject to shareholder approval. I am led to believe that the sale of a couple of investments and the purchase of alternatives might be enough to gain a speedy readmission. Finally were the worst to happen the company stil has net assets which are almost all realisable of almost £1 million. It could simply liquidate and return that cash to shareholders. That would be c1.75p a share. That is the very worst option." And remember, Onzima's assets are far far less than the Suspension Market Value......screwed?!