Member Info for Ricardo2019

They do, but you said "still on course for two billion in assets in 2025" - which they didn't say, so either it's your opinion that they are on track or someone else's. I was wondering which?

In fact, the BoD's update on progress was "a small advance". Now if you ask me, I think either a) they won't hit the goal in time, and will manage that message later, or b) they'll use their strategy of acquisitions to make sudden, large advances to hit the goal. Certainly, organic growth won't be enough IMHO. I expect them to up their game in 2024 to be able to hit 2bn. The foundations seem to be there, so why not?

Interestingly, the YE2022 report says "Our stated goal (which we refer to as our 2B plan) is to be managing over $2bn of assets under management (AUM) by 2025" - which means hitting the goal before 2025 starts if you ask me. But if they achieved it in 2025 I'd let them off that linguistic ambiguity! :-)

While I'm not blown away, I'm not overly concerned either as the cash position is good, we repaid the short term loans, and we'll all appreciate the statement on future equity capital - though I want to read the Annual Report when it appears on the portal or ALGW website before coming to any final conclusions.

> still on course for two billion in assets in 2025

What do you base this statement on?

> this is your job get it sorted today

It seems that someone's never worked in the corporate world!

Apologies, I feel I should already know this. Where do our assets (the 1% and data) currently sit: within the FRR company that is undergoing liquidation, or were they moved out to another SN controlled company?

Aha, fixed it by trying a different browser. Edge worked, Firefox didn't.

Strange, I get "Hmm...this page doesn’t exist. Try searching for something else." Any ideas how I get round that?

It's gone/not visible. What did it say?

There's some post on Twitter today talking about a subsidiary selling £1.2m of stuff. Is that what you're waiting for?

Dementia is a huge strain on family members, never mind trying to deal with it on top of financial issues. It's a terrible thing to see people succumb to it - I've seen it myself. I wish you all the best and I hope your mum has settled well into the new home.

Sdyas, please take a deep breath and step back a little. Your posts are far too much. There's no need for the rudeness and insults.

Looed has has gone out of his way for us - that is indisputable. Though people shouldn't link Looed to the company or to the eventual result, whichever way it goes.. He's a messenger and has done good work in helping FRR in the past (which did help keep FRR in the fight so if the result ends up beng positive then we will have Looed to thank for his sleuthing there), but now the end result is down to SN and Deloitte.

Lifeishard, I cling on to that hope! I still have my tickets....

If you think the liquidators, who'll have a bunch of overworked, underpaid Generation Z'ers on the team who friggin grew up with the internet, can't use Google to find this place on their own then I don't know what to say to you....

The Company knows that whatever they send to Looed is effectively immediately public and they won't be telling Looed anything that they wouldn't want anyone else to know. Don't fall into the trap of thinking you are all getting some special secret messages from the Company - you aren't.

The more this goes on the more I think we've been hoodwinked by the company. But I keep visiting here in forlorn hope like a dog on a station platform whose owner departed on a train days ago and hasn't yet come back.

Still holding here.

There is no answer to the SP question other than build the business, you great galah. Nothing else will move the SP. How did you not know that?

"Safe hands" are my thoughts as this webinar draws to a close.

Are we the complainant or defendant? I assume the former.

> Ricardo2019 - Not necessarily.

Ah, I had missed that link, thanks for pointing it out. I've just read it but I think that refers to the physical location only and not ownership. So even if the list is stored in SN's filing cabinet in the US, then in theory it belongs to FRC-C still. But anyway, I would hope that if the communicated intention to include us in 'new FRR' is genuine then the means of identifying us would have been covered off in a plan already.

> Each company is required to keep a register

Looed, thanks for your interesting comments. I know very little about this area but my concern, perhaps unwarranted, is that any company register belongs to FRC-C, and therefore Deloitte. I can't imagine that SN could legally keep a copy. So unless there's some sort of rescue deal for FRC-C itself then I worry that the list of our names 'disappears' beyond SN's reach. Unless some other sort of 'orderly transfer' occurs (no idea how that could work).

You won't get an answer because they have no idea. They'll just throw out vague accusations they can't justify because they have no idea what's going on. I'll inject some balance here and say that was the most sensible thing anyone here has done in the last two weeks. No I can't justify that statement either because I too have no idea what's going on. But let's have more BS statements about how FRR might have hurt feelings because there's not a lot else to be gained from this clown show and I could do with the laugh.

> can be constructed as illegal and interfering from the FRR Team

The meaning of your sentence is not clear. Please clarify so we can all spend Friday evening drunkenly arguing about it. Thank you.