Member Info for rhodi

Al Sisto needs to get the show on the road as they say. The costs I saw for the deal at circa £185000 and £265 000 but cannot remember which was which and some costs only allocated if deal went ahead. They really need to publish what was wasted. If they wish to raise money, two directors and Al Sisto I believe have 2.5 million options each at 4p so £100000 a piece that will help fill the Tern coffers with a further £300 000 short term. Whilst Al looks for a suitable exit , this will give him some breathing space. it will most definately be well received by the city and will attract buyers to Tern and push the sp in a Northerly direction.

Seems that this idea is being muted on the advfn board today. Al needs to say that they cannot cash in any of the shares until first exit either as that will ensure the sp remains very buyouant. Al Sisto is between a rock and a hard place as with the phenomenal progress that has been witnessed in all the investee businesses since the last fund raise was dealt at an offer price of 18.8p. it is obvious that a fund raise for any amount less than circa 20/25p would engineer the triggering of an EGM and cost the whole board their positions imo.

Rattled are we!! Loving the fact that value will be outed sooner than you think. Run along and pass the message to your paymaster, he had a bad week last week. not very happy with the result of the failed offer for piri. Buy signal currently. Caught with your shorts around your ankles. Oh yes forgot you bottom feeders have no interest in Tern but yet you still post regularly. Hopefully the new incumbent at No10 will put more money into social care and care in the community.

Worried. I believe your boss man might be very concerned, not had best of luck in this last week has he. Hope you get your final pay packet. Will you all be able to claim redundancy. Fortunately you can get a range of jobs all with better prospects than your 20p a post down at the job centre.

Emty, I wondered who you might be refering to and decided it might be either ytee ( in any of his multiple guises) or Bobby socks. Don't ever be offended as anyone who posts regularly on a share they are not invested renders their opinion laughable especially when it is so obvious they have an agenda with their continual negative slant.

I never used to filter posters as even trolls used to put up plausible comments. But the trolls on Tern boards are the worst I have ever seen. Definitely imo a concerted effort by an unusually large number of posters to purposefully talk down the Tern.

Any investor worth their salt will realize that the investee companies contrary to the negative views of the non holders are actually doing exceedingly well. This will re rate this year providing Al Sisto sticks to what he says.

What do you see as the next news we are due and approx timing. Thanks.

If the deal had been sanctioned then I believe the date it was hoping to be ratified legally or for the start of that process would have been the 27th. Bearing in mind what has apparently been suggested by Al that more will be disclosed in 48 hours (taken with a pinch of salt as is firstly potential hearsay and Al cannot stick to his own timetable be it OTCQB admission or exit or significant shareholder value that they squash at each oppotunity). If the legal clause of any deals done before ratification only the respective shareholders would benefit was included for a purpose then we should get an rns in the next 5 days or end of August at the latest when piri shares would have been defunct??

Al needs to get the show on the road as they say. The costs I saw for the deal at circa £185000 and £265 000 but cannot remember which was which and some costs only allocated if deal went ahead. They really need to publish what was wasted. If they wish to raise money, two directors and Al Sisto I believe have 2.5 million options each at 4p so £100000 a piece that will help fill the Tern coffers short Term whilst we look for a suitable exit and will go down well with the city and will attract buyers to Tern and push the sp in a Northerly direction.

However looking at the split it looks like Ackers probably voted in favour but they still could not get the 75% required even with the Boxerdogz voting yes. Has been on the board all day everday since this deal was announced. But today of all days he is too busy to post. Apparently attending a business lunch and enjoying huge portions of humble pie.

Yes I got the Tern vote correct and not surprising looking at a snap shot of just those Tern investors that I chat with. I should imagine it was a resounding no. If it was a yes they would have announced the result. Some heads need to role but I still believe Al Sisto if he promotes the businesses can get the sp to 30p+.

Bearing in mind that the last fund raise was at circa 18.8p and that it was massively oversubscribed it would be the final straw for investors if the next fund raise was done for anything lower bearing in mind the progression that all the investee companies have seen. An EGM would most definately be called and I believe a wholesale change would take place. Any fund raise under 20p and I would also be voting for the removal of Al Sisto.

Imo the FCA will be watching any further fundraisers very closely and watching for who is investing in any future fund raises. If they want to raise the share price they should take up their 2.5 million share options at 4p just for starters.

Come on Al Sisto you deserve to go out on a high. I would have gone to the meeting but obvious it would not proceed. As I stated in last post the No's have it and that would have been known by tuesday. Unprofessional to waste further company monies and investors money attending the meeting. Has only been done so as to save face from announcing a humbling defeat in the Vote. The whole fiasco should ensure that the FD and other Directors and Tim should be terminated imo as they ****ed this up on an epic scale by not being in touch with investor sentiment and extremely poor comm's which has sunk any merits the deal may have had.

If any Piri holders have voted yes then please give this a tick up. I thought this to be a very important decision yet it has prompted hardly any discussion by Piri holders. No Piri holders on any boards. The vote seems to have been met by total apathy from piri holders. Good luck to Piri holders.It does appear the price was set at a realistic level as no other company has offered more than the 8p bid put forward by| Tern. Does make Chris Ackers believing it to be undervalued as being wide of the mark unless a white knight comes in at the eleventh hour.

imo Piri holders will vote it through and Ackers will have been behind it from the start by my reckoning. The fact it was posted that he was against it was to give Tern holders the impression that it would not get passed Piri and cause apathy for the Tern holders so that they hardly believed they needed to vote. I have to say of those I have spoken to only myself and another have voted yes. But nearly a dozen against.
Interesting to see which way the vote goes. Mr Swann just extended his position by a further 200 000 shares. Anyone know if he has said which way he is voting. I have him on filter.So my prediction Piri yes vote carried and Tern vote No so the no's have it. Anyone else with a view who I have not filtered would appreciate your comments.
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probably confirming Piri deal is dead in the water. I am sure they will know by then that the writing is on the wall.

huge tick up and shows how he has lost the shareholders. Remember you need to have your vote in by monday the 18th latest. Meeting scheduled for Thursday 21st. They may just save themselves the meeting costs by announcing the deal is dead prior. I am sure a few want to personally voice their dissatisfaction (completely understandable) at the meeting. By Thursday they will have announced the deal has failed and how they intend to release shareholder value not only for them but ourselves also.

I thought the amount of investors that voiced their concerns to Tim at the last fund raise would have at least caused the board to adopted a different stance with communication to shareholders amongst the other issues raised. Self inflicted failure to have shareholders adopt the planned deal may help them adopt a different philosphy but I doubt it. Saddened as the disparity between shareholders and tern CEO along with directors will only widen. I know several that will vote "NO" by all accounts this Friday if no enlightening rns by 9am on the Friday.

Thankfully all investee companies continue to grow exponentially especially Wyld, FVR and Device Authority. Anyone that doubts their growth only needs to do some research. More exposure for DA next week. Good luck all holders

imo will be sold before anyone can extrapulate any figures from the accounts since the hockey stick growth so I still see it being sold this year. I think the deal will fail as I know a fair few investors still waiting till the last moment to cast their "No" vote. I have not persuaded them otherwise and only an informative rns will change their view. Sorry Al Sisto but your Jam tomorrow now really seems to be the sticking point.

Bored of green boxes at the start of every day.

First sentence on 9.30 post further confirms my initial thoughts from your first post and that I was correct. Not blaming anyone for the price as it stands by nav.( if you read my posts I have always said it is Nav until Exit or they start promoting all the very good progress the investee companies are making. We will not see that until this years accounts are published for DA in sept 2023. However if he released all info then we would be enjoying a much higher price. Even a dummy can figure it out. At least it will make a change for you to be tossing a coin. More than enough info out in the general domain to make a decision. Indeed further proof of your disingenuous posts... another now filtered.

You guys should all get outside, have a barbeque like I am. You guys should be on premium burgers with all theextra posting of late.

I can see why investors post on bulletin boards but to post when you hold no shares and waste your time trying imploring investors on how they should spend their own money. We invest here of our own volition and happy to do so.S

So why waste your time? You will not sway any investor to sell and if you do then they must be even thicker than you lot and that is impossible. You fools are ramping up your posts which indicates a strong buy and good news soon. Just back from a day in London capped off with a show.

Forgive me that so many are filtered and Still no idea rolled out the box. You guys are really desperate to lower the price Thought you might be all on the TW payroll but I have wondered lately if some of you operate for Al Sisto in an attempt to try and surpress the price, only my opinion but certainly on all boards a big concerted push to trash Tern sp is currently underway from posters that by all accounts do not have a vested interest nor hold any shares either!!!

Not hard to figure out. You can smell the desperation in number of posts and new recruits. So transparent.

At current sp they may soon become a target themselves.

is now saying what the herd are saying on advfn. If the sp had of been in the 20-30p range with proper news bing released by Tern then this deal would have gone through as investors would have witnessed and experienced a growing sp. Terns silence(not even a very informative update as of late) and false statements in respect of shareholder value time schedules being continuously missed imo has resulted in this backlash against the CEO.

Very disheartening for all the hardwork Tern have invested over time and the loyalty that shareholders have shown Al Sisto over a very long time. Saddened by the backlash to the deal but even though I only by a whisker decided to vote yes I totally agree with why the protest "no" vote is being cast.

The Boris Johnson and Al Sisto parallels have so much in common as both very intelligent and both achieved many great goals but Boris not allowed to see it through to fruition and further years by being re elected and hoping Al does not suffer the same demise but his communication style needs to change and he needs an exit. Boris got one big one and surely Al can get a big one to take the Sp stratospheric. I believe he will but even I have put buying Tern on hold until I see a change for the better from all the board. The Blogs just do not cut it I am afraid for what you get paid. "small rant over"

time will tell. But the way it is going I am going to soon get them below my average, As the investee companies are all making advancements then all very promising.

Well as a post of mine got deleted it is clear that due to lack of trust Boris could not hang on. Imo the same will happen for Al sisto sadly as he has not kept to his own time table on schedules he set. The investee companies must realise at some stage that buy not allowing Al to announce progress it is hampering the value of Tern and that then reflects on the value of their business until an exit is found. But is Tern's seemingly dimishing lack of credibility becoming more of a hinderence than a benefit . But hardly a positive factor for other businesses looking at potential values.

Time for all investee businesses to get Al to start singing all the accomplishments from the rooftops as we are past the inflection point on four of the investee companies from what information is available from credible sources.

Buy signal. Teddystrikes recently joined the board so welcome and hope you have bought plenty of shares to enjoy future profits, certainly getting in at bargain price. No doubt your future posts will give us an indication soon enough. Hopefully not another samaritan for investors as have too many already on the tern board.

What a mis calculation by Al Sisto and Directors? Maybe? Maybe not? perhaps just the massive tree shake prior to the amazing exit rns. Had voted yes for the takeover but maybe I should have put in a no protest vote like all the others.

Oh well the investee companies still growing exponentially so if they do not get bought Tern might do at 30p. Well short of potential value.