Member Info for RKBeekeeper

Court Costs

Our Court Costs are insignificant.

Francesco bought the €10.8 million claim along with a €238,000 credit due from the Sipiem Liquidator (see RNS 10th September 2019) for €50,000 and our legal costs are capped at €35,000.

It is my understanding that the reason that our legal costs are capped as such a low value is because of our relationship with PBV Monitor (we own 10% of PBV Monitor) and if you do your homework you may find out which Legal Firm is representing us. You may also understand why Francesco bought 10% of PBV Monitor.

I am optimistic we will have an RNS two weeks today.

RKB

Why don’t they want us on Leaders Board?

Information is key.

If LSE South East had our correct closing price of 2.6p – 2.7p then we would be on the Leaders Board, but we are not, why?
Let’s see if any of the Chess Pieces are moved after 06:59:59 tomorrow morning, hopefully our RNS is not stamped with 07:00:00 because if it is then that is naughty.

RKB

Good evening Linandy1

On LSE Main Website and HL we closed at 2.6p – 2.7p and that is where the chess pieces will sit tomorrow morning at 6:59:59

Now where is the bottle opener?

RKB

What are the chances of all the wine bottles in my glass recycle bin being empty? 100%

What are the chances of there being >than one additional bottle placed in the recycle bin before 7am tomorrow? Answers on a postcard.

RKB

PS Statistics tell a story.

Hello Theosus

No, it was the correct B.B. but at present it is not going the way I thought. I am not concerned.

I will lock myself away in the study at the weekend as Mrs keeps asking me to do something like get the *uck off that laptop.

I had four RNS's to read this morning and although I have less overall invested in the other Bank I wanted to get an understanding of the direction of travel. It was a bonus about their dividend so happy with that. Currently have three shares on ex dividend MCRO not due to go ex dividend till the 11th of March which turns out to be a very important day for the Italian company.

Hopefully talk soon.

RKB

PS The CBD is flying so to speak.

Good afternoon LikyLibby

Well, I will give you the benefit of the doubt and assume you are one of us and not a MM.

I think MM are just trying to make their crust and the only way they can do that is to pinch some shares from the ones who do not have a bottle.

RKB

I am 100% with Francesco. I only used the analogy of the game of chess to get my Posts noticed and it is up to individuals to make their own mind up.

I try to ensure that anything I post is freely available from the website or LSE South East (by LSE South East do not display some RNS’s or some trades)

I do not really forecast what a share-price may achieve long term as things change but I am confident that we are heading substantially north.

As I have said Francesco is about to start a new game of chess, but he needs it to close at 3p or above and if you have the knowledge of how Francesco played a previous game then you would know how the next one is going to play out. The information is all there in RNS’s but meetings were not AGM’s all GM’s and they were a few of them (nothing to do with share authorisation)

RKB

Hello Chasbrown

No unfortunately I do not play bridge.

I taught my daughter a little poker and then when she was at University in Stirling she was in the local Red Tooth Poker local final and came second. Then she was at the UK finals in Nottingham. She did not survive long but she had a great life experience.

A few years later she bought us a proper Poker Set with all the chips and the real poker board blaze. Pre lock-down we would all play and the last few games I won but that was only because I delayed drinking till the end (to celebrate)
Certain things in life are worth waiting for and Clear Leisure is right up there.

RKB

PS LSE main website as at 14:17 is missing almost 10 million of today’s trades. Why?

PPS On the internet there was a film of my daughter and myself waiting in-line to go into the Poker Championship she is the blond one I am the one that is hirsute.

New Game of Chess

As soon as we close at 3p or above, Francesco will start a new game of chess and it will be a game changer, but I know his first few moves.

RKB

Don't be deceived by the trades. Yes there have been about 437 trades today as at 14:07 and the main LSE website has 347 available to view so MM still not playing by the rules, why? Are they like T W (on my CBD company) and not got a clue as to what is happening in about two weeks.

Better go to the Opticians

RKB

Good afternoon Jjjerseygirl

Yes, it has been a while. I trust you are well and looking forward to the next couple of weeks.

Oh memories, think I may have a glass this evening to reminisce.

RKB

PS Do not know if you recall Charlotte whom I thought was a female and he(she) used to correct my grammar. Think I was posting 24/7 when I was in Guernsey a few years ago after consuming far too much (was not driving but I don’t think I would have been allowed to drive for about a week after I returned home, and had to explain to my wife I had booked about three flights to Guernsey)

Good afternoon Chriszzr

When I had slightly more than 3% and we only had 210 million I wrote to Nomad, PR & BoD and they said it was ok as my shares were held in a Nominee account at HL it was HL responsibility to inform Company.

I gave the BoD grief with documents lodged at Companies House and errors in their Accounts (which cost the Company a few shillings to amend)

Each day HL & other Brokers inform the share-register of their substantial shareholdings, but CLP do not let us know. Also the AIM Rule 26 used to have actual numbers rather than percentage but because there was anomalies with what was disclosed, Francesco moved to percentage so I could not “pull them up” all part of the Chess Games.

RKB

Maybe

RKB

Francesco’s strategic moves:

Francesco now has assistance from a special assistant. On Tuesday 11th February 2021 he places some shares for £680,000 at 0.6p. (these shares as at close yesterday were worth £2,663,333 or if you prefer about £2 million more than they were two weeks ago) Now that is a good move.

Francesco then plays another good move on Monday 22nd February 2021 (just two days ago) when our Mr John Story takes some of our pieces like in 100 million for £1 million and for the “assistance” his shares yesterday were worth £2.35 million but heading soon to £3 million)

So now if we get an overview of the Chess Board you can see sitting beside Francesco is £1.68 million from two placements this month and you then ask yourself, why after 5.5 years keeping the shares in issue we then begin to greatly increase them?

Then you look at the Venice High Court result due in about two weeks and then you know who has won this game of chess.

RKB

PS I know I did not lose and hopefully many of you have won with your own strategy.

Francesco’s Game of Chess:

RKB’s next move:

Francesco has all this share authority currently towards the end of 2020 of almost 742 million shares and we have at that point 662 million shares in issue. Does this not make you want to take time-out and look at the Chess Board?

Well I let Francesco know that I was not happy and it all centred around the ForCrowd buy-back compensation where we gave them 90% of any loses if they sold below the exchange price of 0.3482p.

There was a Zoom call with RKB, Francesco & PR in early January and I explained my concerns about ForCrowd. Confidential discussions took place and I was happy that I would not lose (this is when I was made an Insider and only released recently)

Francesco issued a Business Update on 1st Feb 2021 and he informed us that ForCrowd were not now going to receive 19.7 million shares under the original agreement and in compensation they would get €20,000. If you were to take the closing mid-price yesterday of 2.35p then ForCrowd would have had on paper shares, then worth about £462,950.

Francesco (with assistance and cajoling from RKB) has only given ForCrowd €20,000. Now that is a good move. Do you think I just sit and do not make moves behind the scenes?)

RKB

Francesco’s Game of Chess:

Next move by Francesco:

This was a good move in my opinion and it is the winning move. Francesco held our AGM on 12th November 2020 (when Covid-19 restrictions were in place and I could not attend personally) and another Special Resolution was passed and yes same move, it was for the Authority to issue 200 million shares for 3 years and obviously there is the removal of our pre-exemption rights.

A good chess player can now begin to see how the game is going to end.

At November 2019 Francesco has just over 141 million shares available from December 2018 (the one-year authority) but he has all the share authority from May 2018, July 2019 and November 2020.

The one-year authority expired and then it is on to the end game.

RKB

Francesco’s Game of Chess:

RKB’s counter move:

Not got much chance at this stage to counterattack have I?

Recap: Francesco has Authority to now issue up to 600 million shares as at 22nd July 2019.

Some shares were issued on 29th August 2019 to Francesco for his salary sacrifice of £30,000 so that claimed 4,000,000 pieces. (well, it is one big game of chess)

More shares were issued on 3rd October 2019 to acquire 20% of ForCrowd so that claimed 54,218,847 pieces.

RKB’s counter moves are just taking out pawns and so I keep a tally of what pawns have been removed and then I have some information. I need to allocate when shares are issued for whatever reason and remove them for whichever batch is to the advantage of Francesco.

RKB

Francesco’s Game of Chess

Next move by Francesco:

Francesco called a General Meeting for the 19th of December 2018 (only 7 months after the last one) and this move was to approve the special resolution to issue up to 200 million shares (but only for one year) but with the pre-exemption rights disapplied. So now Francesco has 400 million shares he can issue (if he wants)

Next move by Francesco:

Francesco called an AGM on 22nd July 2019 and as is typical of a good chess player, he played a tried and tested good move and another Special Resolution was approved. What do you think he managed to get approved?

Yes you know the game now, Authority to issue up to 200 million shares for three years.

RKB

Francesco’s Game of Chess

RKB’s counter move:

I appointed Francesco as my proxy for the AGM to be held on the 25th of July 2018 as I was attempting to bid for the Land known as Mediapolis and it was a blind auction. I was expecting to be in Italy on the 25th of July (excellent counter move by Francesco as I could not be in Italy and London at the same time)

I had sufficient funds for the deposit of the Mediapolis Land (10%) which had to be lodged in advance of the Blind Auction, but my Bank wanted to put a charge on our house and would only lend the funds for three months at something like 20% and the fee to arrange this was absurd.

I attended the AGM and a certain rather large gentleman was also there but he was checkmated immediately by Francesco because he did not have proof of ID (Francesco had met him previously, think it was when said gentleman was in the pie shop)

Francesco did not seek any authority at the AGM to issue further shares.

RKB

Francesco’s Game of Chess

Opening the game up:

An RNS was issued on 18th July 2017 which was titled “Response to Market Rumours” which alluded to certain shareholders attempting to block the special resolution to authorise the issue of shares. This was a good move by Francesco as he was then “on the attack”. What do you do if your opponent attacks? You counterattack.

Often after five or six moves I can tell that I am on the backfoot and I must make some decisions. Well Francesco was on the backfoot at the 2017 AGM when 12 (technically 13) private shareholders were present. I had the proxy votes from many shareholders and the person who was validating the proxies was using any excuse to exclude as many votes as possible (embossed stamp was partly missing, signature illegible, name not on register etc etc) but even with the invalidated proxies I still had sufficient votes to defeat the special resolution.

The Nomad who was sitting next to me was rude and to cut a long story short, I asked Francesco if he agreed with what the Nomad said and if he did then we could just vote there and then. Francesco did not agree and we all voted for the special resolution.

You could say technically it was a stalemate, but I think Francesco and myself agreed that it was a win-win.

RKB

PS The Nomad went out of business about two months later, some compliance issues I believe in the honesty department.