Member Info for Retireby40

Okay cheers. I’ll sign up.

Can someone please post me the link or kindly paste the content on here or the lse archive as I can’t access tapatalk?

Quality post, couldn’t agree more.

You said toys before you twat.

I would have thought it pretty obvious the company has been poorly run so I feel like I’m stating the obvious. I believe that’s why the NED resigned as he didn’t want to be party to the shambles any more.

Anyway, I hope we manage to get out of this without a GKP type deal where we’re diluted to hell. It’s a real shame as zone 19 was seemingly a great success and hopefully it’s sustained decent flow and we’re producing enough revenue to keep the lights on rather than more RPNs. I hope we have clarity soon either way.

There are some really decent people who bought into Zaza and some who have invested hundreds of thousands so I pray for them and many people I know this comes good. I kept 40% of my holding (20m) but sold over the course of several weeks after the Oct shareholder meeting as I felt there was a lack of substance and it seemed like more jam tomorrow. I hadn’t planned to sell so many but another AIM co’s share price was collapsing so I can thank that as I wanted to lower my average there or I would be a lot more exposed here.

Anyway, I hope they get a decent settlement and we can move on without Hope on the BoD.

Yep, we were never genuine contenders anyway and with no signings or home stadium I’d take 4th for definite! Massive game on a Saturday.

I’ve been invested here, stupidly, for some 8 years so you can fuck right off. I blame myself for falling for jam tomorrow again and again. I’ve little doubt the assets are there but also have little doubt this company t bias been grossly mismanaged. Look at years of RNSs.

I’m a realist and am stating an opinion. Rainbow explicity said Hope had no chance so I simply replied with an alternative and sensible view. If you think Nicandros is latterly Zaza ran this company well you should be locked up.

In the emails that I read Hope comes across reasonably well. The NED resigning in almost protest tells you all was not well.

Anyway, I hope we come out of the other side as I hold many millions of shares as sadly I have many friends and family who also hold. I hope I don’t need to apologise any more and we come out of this. If we do I believe we need a new BoD.

Yes I’m in a bad mood as Spurs we’re toothless last night but these newbie happy clappers on here haven’t a scooby.

Being positive and optimistic is welcome but Rainbow you do talk some bollocks.

Hope has more than a hope in hell and if it was indefensible the judge would have said so. Zaza looks like a clown in my view and I assume the fact Hope understands he cannot take the assets with the Georgian Gov’s blessing a compromise will be reached and hopefully we’ll be able to raise sufficient money to get rid of him.

I think we need a new CEO, and at least one more NED. The co was run like a tinpot private corner shop not like a listed PLC that has raised and spent some $450m. Zaza in my view is the rogue director as was Nicandros before him in my view. Spending that amount of money and turning over some 1% of money spent is a joke.

I hope we come through this and if so I hope we appoint someone who is able to run a company.

I’ve been here too long to sell all my holding and in any case I doubt you’d pay near to the last close price (nearly 0.3p a share).

Hopefully there are indeed thrashing an agreement out and to be honest I’d prefer BP or whoever buying FRR out so the debt can be paid and holders get a special dividend. One can hope! A JV or farm in could be good as I guess the bigger partner will be calling the shots.

you can buy them from holders. You want to buy some?

I Pursuant to the terms of the settlement, the remaining outstanding 2,650 Series A shares will be redeemed commencing 1 November 2018, on a monthly basis, for which the Company will be making cash redemption payments to YA of US $ 64,900 per month up until 1 April 2019, then US $ 149,600 per month up until 1 July 2019, and then will make a lump sum redemption payment of US $ 2,141,700 on 1 July 2019 to redeem all remaining outstanding Series A shares. Once so redeemed, the Series A shares will be cancelled. The Company has also the right to convert Series A shares into ordinary shares instead of cash redemption and the right to pay down in cash the entire redemption amount for the outstanding number

I look in here occasionally as given we’re not listed there’s a lot of drivel (as there was when I posted!). That said, your post last night is pretty nailed on. Hopefully the last point comes to fruition.

I like the fact partners will be incentivised to sell fusion with AWS.

Edison note out: https://www.edisoninvestmentresearch.com/research/report/wandisco444509/full WANdisco’s designation as an Amazon Web Services (AWS) Advanced Technology Partner strengthens its position in the cloud ecosystem. We believe that a large, strategic deal remains in the pipeline, and the $17.5m capital raising (at a premium), should reassure potential partners. Our estimates are adjusted to reflect the new shares, but are otherwise unchanged. As highlighted in our last update note, there could be upside to FY19 estimates if a strategic deal is secured. AWS deepens relationship; strategic deal ongoing After a rigorous qualification process, WANdisco has been designated an Advanced Technology Partner by AWS. This represents AWS’s highest-tier relationship and is a big endorsement of the company’s technology by the largest player in the cloud ecosystem. AWS will now incentivise partners to sell Fusion alongside its solutions. It has also raised $17.5m in equity (at a 9% premium to market) from US investors (the deal was restricted to the US to avoid creating a second line of stock). No update on the strategic deal discussion is provided and it is still not certain that it will be secured, however this additional capital should at least reassure large customers on long-term funding. Forecasts largely unchanged WANdisco highlights a strong end to FY18 across its partner network, with revenue inline with board expectations and a cash balance of $10.7m at year end. We recently lowered revenue forecasts to $18.7m as the timing of the strategic deal was pushed out (see our last note, Strategic progress but inflection pushed to FY19). No explicit guidance about FY19 is provided, but the strong momentum has continued into January. After factoring in the impact of the increased share count and capital raising, we leave our forecasts unchanged. Reaching a strategic deal with a major partner could generate upside to our near-term estimates. Valuation: Prospect of further deals supports rating A reverse DCF suggests the current valuation (£312m) implies c 30% revenue growth sustained until 2025 and reaching a 25% EBITDAC margin (see Expecting an inflection in the second half). Deepening relationships with fast-growing key partners in cloud market is the key to delivering that, in our view. We will examine WANdisco’s strategic prospects in more detail in a forthcoming note, but recent newsflow suggests the company is making progress. Converting these deepening relationships into financial performance is now the focus for FY19.

You’re not as much of a star as super Jan or magic Poch but the fact you posted the court notes makes you one. The share price was plummeting due to the seller accelerating their sales, had you not have posted them the NOMAD wouldn’t have resigned (I imagine) and we’d be even more fucked. Loads of twats on here who can’t tske anyone feeling negative. Hopefully FRR and us LTHs like Coggy, Reg, Devex, Mole, Bugsy, Woolwich (Arsenal), Puddy, Cheesie, Bluevista (who has a shedload) manage to come out of this with all or a decent portion of our investments but as great as the assets are after $400m+ spent over 20 odd years it’s fair to question the shambolic decisions from the BoD. Hopefully a settlement is reached and we can move on but fuck off all these head in the clouds muppets.

Don’t worry about it PG, people get very touchy if others don’t hold the party line.

I have to say having read the more recently uploaded emails it looks better than before in terms of Hope and his duties. Pretty desperate from a financial point of view but we knew that. I can’t see damages being secured from Hope but my guess and hope is that DD has been condicted by the lender and we can pay off Hope and commence drilling more wells and move many into production which will deliver revenue and get the GG off our backs.

Don’t worry I won’t be back posting frequently again just thought I’d say hi to PG and best to LL.

Yep thanks to those doing the admin, no doubt time consuming. Email sent with proof of holding. Cheers again guys.

We still have equity in the company and if there is good news on the court case, Hope is bought out or whatever and decks are cleared for a buy out or JV. Money tied here for a while but who knows if the court case goes well it’s still all to play for. I FRR communicated like a private co anyway so little will change in their comms. Fingers crossed the court case is settled and we can progress.

I’m often under the influence of drink but don’t make stuff up so either you misheard or you’re thinking of someone else. I’ve never traded this share and have always spoken my mind without an agenda. Right, please don’t reply as I’d rather not post but feel obliged to when someone’s making spurious allegations about me. I’m wish I had traded it as many seem to have done well out of it.

Also I haven’t said anything contentious, it should be obvious re why Cair resigned. Enough from me. Good luck LTHs.

Trading the **** out of it?! Didn’t say that and wouldn’t know how! I I’d 20m at an average of a little less than 0.7 and bought another 30m at less than 0.1 so lowered my average and yeah have sold some since the meeting in Oct to average down elsewhere but I still hold 20m. Trading, funny as ****