Member Info for RachelsDad

set the case as 'Unopposed' ie: the Defendant has not filed any defense.
To me that surely is an open and shut case and confirms the companies confidence of a positive outcome.

'The Company received official notice that its Default Application has been set down on the unopposed Motion Court Roll to be heard on 1 February.'

What is Default Judgment?
Default judgment is a final form of order to end proceedings.
It has the same status as summary judgment and judgment made after the trial: it’s a judgment of a court.
It’s a judgment entered because the defendant did not do anything about the claim when it was served with it: the defendant failed to file a defence or the claimant failed to file a defence to a counterclaim.
When claims are left undefended, it is this procedure that it most often adopted to obtain judgment for money claims.

It certainly has happened very quickly and with very little notice. Maybe they don't have so many strikes in Zim!!

Its like going to a Divorce Court, the Judge will have already read all the papers and made his/her decision on what they will do at the hearing. In a divorce court that's is when you say goodbye to half the house :-)
AP certainly gave the impression that the hearing is a formality....

but it still surprises me that this has yet to be fully understood, and i just cry when i read some people mentioning a Jury!
1p will happen today / tomorrow once it's done.

1p will arrive before 9am!

2p last May.
Sat at around 0.90p for months before the sell off.
1p incoming.

1p today!

Positive reply's much appreciated.
I can recall seeing a few ( actually quite a lot ) of comments over the years calling for Clive's Head to be used as a drill bit... i can only assume that faith in him is returning!
Just about time for some more i think...
GLA.

DM, if you could explain in one sentence why has the company not been professional over the last 3 years, and other than now not dropping things down well's :-) what has instigated the change to being seen as professional in your opinion?
I have held since before A5 was spudded and have witnessed the rise and fall of the SP, but it would just be good to pinpoint what has mainly changed for the better?

Shorter's to close!

oh well ... if news drops at 7am on Wednesday it will hit them hard! Best to be in and relax...

'Electroplated Insects' ??
That's a new one on me...
A ****roach neckless...what more could a woman want? :-)

'Given that QBT will own this mainframe our SP will be around £15.89 per share by the end of 2023.....'
Its going to be at least £15.90 per share! :-)

Seriously though, i can see a buy-out happening within 12 months... buts lets enjoy the ARB type rise first!

7am - 6.30pm on Trading Days, which includes 28/29/30th.

I see a strong finish touching 1.5p and will continue the re-climb tomorrow, after all
there is a very strong chance that this will at least double your money from here within 2 weeks!

then i will eat my sprouts on Christmas day... and believe me i hate the devils!
News soon!

expecting things should happen before the end of the year....getting close now.
I hope the trip to the USA was positive for us all.

The term of the REPO under which Professor Gardin is to repurchase 5,000,000 ordinary shares of 0.25p each in the Company (“Ordinary Shares”) has been extended to 16 December 2022 The repurchase price for the 5,000,000 Ordinary Shares has been amended to 3.153p per share (representing a 5% yearly interest rate on the initial purchase price of 3p).
All other terms of the REPO remained unchanged.

I wont be surprised if it is rolled over again.... but
If he does, and also releases a half positive update (probably on Monday now) then that's where the SP will head pretty quickly.... around 3p.

130% sounds like pretty strong support to me!
Sometimes i feel FG is playing a game of chess.
He is playing White, but somehow always seems to have the support of Black Queen!
My money is on White to win.....

yes you are correct! My mistake.
Still looks like 15th/ 16th though could see movement if FG does make his purchase, although as mentioned it wont be announced until early next week or he may delay as mentioned. Either way it will warrant an RNS within the next 7 days, so why not lump everything together in a great big positive update.

The Zero Coupon Bond of 3.5M Euro's has a maturity date of 15th. Is that likely to be extended?
and also
The term of the REPO under which Professor Gardin is to repurchase 5,000,000
ordinary shares of 0.25p each in the Company (“Ordinary Shares”) has been
extended to 16 December 2022
The repurchase price for the 5,000,000 Ordinary Shares has been amended to
3.153p per share (representing a 5% yearly interest rate on the initial purchase
price of 3p).
Are we likely to see FG pay 3.153p a share before the 16th December? If so we are closer to News than we think!
News very soon me thinks!