Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
Red has shares around 0.4 too, along with others much at much higher
Andy, I must say have had a few private mails that back that up. People that had wrote this off with small amounts are now on-board having read up on what was planned and gone on. My thoughts are that JFJ should not be part of any finances given allogations of vote rigging from insider dealing. Company has not said he has done nothing wrong or illegal, their silence on this is worrying. This is just one allogations, now the can of worms is open could be the first of many things uncovered.
Same strand Hanson that performed due diligence on the Hairdressers purchase with JFJ's private secretary that used to be a BHR employee? Even Frank Timis is laughing at that one.
Mick, Amazing really at 20% have the brains to work with shareholders, here its 80% of shareholders and the arrogance of BHR think they can treat people like they do, with ignorance and a disregard for people who invested, here shareholders at least played by the book. Company informed of all surveys for a feel of how shareholders feel, and was ignored in all its entirety. Hows that for arrogance.
Haso, shares are suspended by the company. Doesn't mean negotiations cant continue while suspended, and company lifts suspension. Simple really.
Instead of hiding, one would of thought that the board would be using their corporate governance Keeping shareholders updated, naming who will be the firm, confirming or denying any wrong doing in insider dealing. We do pay the salaries when all said and done and on a timeline as we were reminded by the Board. Certainly while there are allogations of insider dealing the chairman should have been suspended and the votes named In that transaction not be counted until proved that they are legal, a chairman that's suspected as corrupt should have no part in anything until proved clear of allegations.
Trading suspended 17th December with no reason given. No communication on the allegations of insider dealing from the chairman. No suspension of the chairman while investigations are ongoing. No updates to shareholders. No communication with shareholders on legal requests. No change at BHR in respect to how treat shareholders given what they know. Clock is ticking is all I will say to you.
At this point those 12% of votes are suspected of being fraudulent so the investigation will have to take priority before any sale as they affect acceptance and the chairman is under investigation so all things being equal jones next offer should be to answer guilty or not guilty, not be part of it. You miss that that no vote triggered more voters coming put and has gained momentum, BHR not providing actual Figures means that split may not be as conclusive as you think too. This is why investigations should conclude first, I'm guessing you didn't complain as per the how to? Who is to say that sublease cant finance the debt, BHR would have to declare how much its worth. If you didn't complain there are irregularities then don't see why you are that fussed about what goes on. Help yourself and others and do the right thing if you haven't.
Braz, You will note I said fire sale, and as of yet have not been notified we are not a going concern. We would have to be notified we are no longer a going concern, we haven't been. Assets are a guide so if we use it as an example we know roughly what is declared. Factor that in against the SP now and you can see where this is headed. Even the rail uplift in June has value as BHR has first dibs on it, and the receiver if we have one must do an audit. Now assuming that we have a discrepancy then yes both audit and BOD are at fault as that is false reporting. They would still use that audit for a guide, now at todays prices depends what someone is willing to pay doesn't mean you can sell 120m of assets for a pound, you should know this. For us not to be a going concern would not be able to service the debt, no one has missed the sublease but perhaps BHR think people have, who I can confirm are under investigation on various fronts and at this point refuse to communicate with shareholders, the shareholders that allegedly worked with to put together operation steamroller. number one point is if you have not complained then do so if you are on the Side that wants what is fair for shareholders.
Heres some you may get in a pub quiz. Which chairman said on trains "This access with trains in my opinion could be worth more than the current market cap to our company over the medium term" SP was around 2p at the time. Which chairman said on trains "I think most people are aware there is enourmous demand for new rolling stock in africa" Which chairman said on coal "We will be moving coal for ourselves and others on the sena line in mozambique early next year and thats a huge milestone for the company " 2014 being the year in question. Great quiz questions that will keep em guesing, just like how much BHR is worth.
Reading 118.3m USD gross, remember this is audited and signed off by both auditors and BHR board. Factor in what is secured, etc, and even at fire sale prices makes the 1m USD share value look attractive, assuming we go to fire sale. With already 80m USD spent on getting it to T1 status and 118.3M, puts us at a 200m all in company in 2013. When you look at it like that with a measly 20m USD to get it to T1, makes the Beacon a good buy for someone, as opposed to good bye for shareholders, you can imagine why we were being sold out for a pittance for someone to come in and clean up. The no vote sunk someone's battleship and opened the can of worms into why.
Great post Katie, RNS said it all before 17th and plenty of warning on here. Buying at 0.015 and hoping for 6-10p is lunacy if you didn't do research. Your money, your investment strategy, and that's a high risk strategy your playing.
And not an RNS did stir amidst the investigations and derampers. Ebenezer was at his desk preparing more humbug for shareholders. From the office window you could see the prison and on a nice day with a prevailing wind could here when it was Shower time and lights out. For as much as Ebenezer wished shareholders a miserable Christmas this would change with a visit from ghosts, the ghost of audits past, ghosts of audits and investigations present and the ghosts of what is To come. Merry Christmas Scrooge and co, I can hear the chains clinking.
The arrival of derampers in a share that has no worth normally signals action. When we say no worth. 0.02 is on the money. Action they can't get in on as were suspended, could signal were due a RNS!! Will trading be lifted in order for you to sell to lower the vote, then a new RNS? Its great to have them on board even if they don't hold and just popped in passing a culdesac. Like lucky white dog turds, in bulletin boards!!!
He could ask Paul mcarthy to make JFJ a replica of his Parisian piece. Could be a good fit after jail time, clearly that's not out of our assets coffers.
More likely a 0.015p a share, expecting 6p to 10p, do you do the audits at BHR? This week has seen some gems appearing. Used to normal when we were getting skinned, this week its anything but that. Christmas eve tomorrow and the last trading day taken by Ebenezer and bah humbug plc. Miserable swines, enjoy this one next one its Tesco blue label and pound land.
6p or 10p a share for a 0.02p buy.....and nothing in the RNS`s...an impulse buy...reported for solvent abuse to LSE. derampers handbook is this weeks best seller in BHR.
Motley fool derampers handbook Read the deramps and see if they fit the bill here in BHR in the last few days.
Now that line also has an income, would that income offset interest payments. Sublease for nothing would implicate giving an advantage away, if its for nothing more so giving the effort to take shareholders money and give it away, would not look good with scissor gate etc etc. Same line in june has an upgrade available, future income, coal expected to recover future income. Would be nice to get an update from the people taking 500k USD from shareholders, company cash is an asset too. What you all might want to do is send in more complaints to add to the mountain they have just use the RNS as your guide.
At some point an audit must take place, as the company is under investigation is also a dilemma. One question is if the valuation is suspect vs whats declared, can vitol call that shot if its being investigated? Would an investigation not have to have been concluded and the all clear given before taking anything. Secured or unsecured, BHR is under investigation, who knows Vitol could be implicated and dare say a few others may get thrown under the bus before this gets the green light. Slightly different to a firm going bust with that many complaints logged, just might mean people have to bite their lip, while others bite a pillow.