Member Info for RachelsDad

me being thick !

So that does in theory now, as it's over allow FG to release news if he know, with the next 15 mins.

Unlikely though.....probably later or first thing !

sealed bids ?? rather than a raise of hands ?

3 x RNS Today!

1: We have had
2.Resolutions passed, ets,etc
3.Auction results !

A licence to print money ???

the land argument has taken years, and years and cost £1000's upon £1000's!!

Its the ownership of the land for CLP which is the main and only target here. He will achieve it. Forget the figures they don't enter the equation.

History in the making !

7p within 7 days (imo)

if the Tractor unit of the lorry had its centre wheels up then it was empty.

The photo shows the wheels up

got the nod then yesterday then !

£2m in to a very black hole maybe ?

Probably end up blue today.....AIM expect the unexpected

had to be, to fill the huge buying today.

The SP stalled on something. That was it !

back up !

2.5p has fallen!

confirms that the SP SHOULD RIGHT NOW BE:

2 - 3p

hats off to FG ( and RKB for being able to dissect the figures)

Sounds like any small business really.......it all come down to how clever your accountant is!
Looks like we have a good one at last and is working in tandem with a very astute CEO.

Why hand money over to the Tax man when you don't need to ?????

He is saving us millions !!!!
When its time to report profits i can only grin at how large they could be!

Max - i get the same feeling.Its all very attractive now.....but not quite finished cooking yet, just needs a stir here and remove all the lumps....

Rewind: FG says debt of €8 million bought back at 76% discount so profit on this is about €6,080,000. Ok it is not €4 million gross it is €6 million gross. So why did we report a loss?

so as to not pay Tax ?? or have i missed something ?

The outcome of the Results really is far better than any of us were hoping for then !!

"Thanks again"

but....we wont mention the care home until we all need it!

bagsy the room with the view over the women' s netball courts :-)

RNS. 12/09/2016

Following the anticipated return of capital, the Board believes the Company will represent a particularly attractive shell vehicle; with approximately £60 million of capital and trading loses.

We now and I have to highlight, we NOW HAVE on the books, confirmed and rubber stamped by the Auditor the Tax loss of £50 million. Its with us NOW not in the future. Its real and we have it.

This will / should effect the SP. But yes this is AIM assume the opposite to what should happen! ( but not for long )

CC

Why was 2017 formed ? because it was to be the vehicle for what has happened at Mediapolis. Who will own the Land once the liquidation has been finalised ? 2017 Ltd.

PLC own 2017 Ltd.

So 2017 Ltd will own all the assets from Mediapolis, and could then be sold as a going concern in one large car boot sale!

PLC get the sale proceeds and in turn also have the Tax Losses to throw against the profit.

However this sounds far too simple for FG.

May be, just may be, in part of the liquidation process "Ethel" in the court office rubber stamped the wrong piece of paper and authorised planning for the Theme Park complex on the land ! (or found the correct envelope )

Welcome back Merlin or Micky ! a big kerching….

It is very clear that FG wants make the past the past, and to move on quickly to the next chapter of CLP and focus on Bitcoin / Blockchain development, and he looks like hes on schedule to fund his and mine retirements!

Is there an argument to reverse 2017 Ltd

A Ltd company can be reversed

Thank you Timmit.

So basically what we are saying is we have something of immense value. Far greater than the value of the company.

This wont be wriiten down, written off or lost on the 5.40 to Inverness !!

I was asuming that the potential Tax Losses would not be confirmed until all the other assets had been sold and disposed of.

What has grabbed me, is the fact we have the losses on the books right now and not in the future.

Surely then now, we can give credence to this value and allow the fact that the SP is most definitely under-priced at present ?

The Group has approximately €57 million of tax losses to carry forward (being a mixture of capital and revenue losses). The Directors believe that a part or all of these losses can be offset against future profits of the business.

The word "has" jumps out. Not will have or could have, or may be some time in the future, what we have is "Has"
definition : possess, own, or hold.

This is real, live and in the present tense! and is now official and be rubber stamped by the auditors!

Surely to possess, own, or hold something worth 57 million euro is just as exciting if not more so than reporting a profit of 4 million ??

Is this classed as an asset or a non-tangible asset ?

Could someone with a better grasp on the facts here confirm my thinking that this is not just a big deal....this is a huge deal! A MEGA DEAL for shareholders

Do we or do we not, now actually own a company valued at £5 million that holds an asset worth £50 million ???

Could we see an RTO of CLP by a profitable company to utilise the Tax losses or is this the best clue ever that someone may have some land somewhere soon to be sold for something heading towards £50 million?

The mind boggles...but to me the results tell a story of what is to be.....not was has been!

Strong buy...

ferocious buying!!

this either happens with an RNS or a leak ! No RNS so....