Member Info for RKBeekeeper

Hello MadChatter

Technically it will be the RTO who end up with the cash from any warrants exercised. But you are correct we small investors will own only a tiny fraction of the new company as the more warrants exercised the more shares in issue.

RKB

Hello again Slowlyslowly

In a normal situation all warrant holders have the right to convert their warrants into shares for the exercise price up to the very last day. What our BoD are basically saying is that these warrants automatically convert into shares (therefore exercised) on an RTO.

The company will then get an extra boost of cash of £666,667.

Ignoring an RTO, when most companies list on either the Main Market or AIM, the company normally issue some new shares at a substantial premium to the nominal value. (There are companies who do not raise any new money and just use their listing to enable founding investors to exit often at a premium)

The key to our RTO is the money people behind the RTO vehicle and it is plain to me that these guys will be in control with a substantial percentage of the “New Company”

Companies House is a gold-mine of information and in our case $55 million. If only Posters would take a few minutes out to read in detail what has been lodged on 29/11/18 and then they will maybe be of the same opinion as myself that PSL will reverse in to another company and the ones who have done their own research will be rewarded.

RKB

PS Warrants are a good way to ensure you and your friends can stake-build at the expense of ordinary shareholders and if you were just to research the RNS’s where placings have been executed over the past year and the prices and the total warrants outstanding (and their exercise price) you will be able to calculate as to how much Private Investors (you and me) will be left with (not much but worth substantially more than the current price)

Warrants

Good Morning Slowlyslowly

What this means is that in the current placing of 1,666,666,666 at the price of 0.012p if this resolution is passed (it will be) then there are 3,333,333,332 warrants which have an exercise price of 0.02p.

Many Posters often get the price mixed up and cant mentally calculate what the warrants really cost. A quick calculation tells you that the company will get £666,667 in cash for the new warrants at the price of 0.02p but if they were at the same price of the 1,666,666,666 shares then they would only get £400,000. Basically the ones who get the 1,666,666,666 shares will be paying a premium to obtain additional shares.

Our new Benefactor will have about 1,468,780,686 or 14.2155% of the larger shares in issue of about 10,332,221,132. There are many other warrants from previous placings that may also be exercised at various prices (see previous RNS’s)

I posted a link previously and a prolific Poster retorted that it had already been discussed but what they failed to check from the link was the $55 million in the form of a loan note. You may want to read closely the document lodged on 29/11/18 and then if you do the in-depth research you will realise that the RTO vehicle is going to be Coeur Gold Holding Ltd.

RKB

PS I bought my FOOT shares on 5/09/18 and sold yesterday and moved the funds to PSL.

https://beta.companieshouse.gov.uk/company/11435499/filing-history

Good afternoon Jandtw1

It has been a while since you posted and when, as you know there is lack of communication when “you expect” something to arrive and they go “AWOL” is can concern some but not myself.

I am confident CLP will be your “Star” and it will shine brightly. Think the last time I text was 12th January but I may be mistaken as whenever my Iphone re-sets it comes up with two failed texts but it was to do with a re-tweet.

RKB

PS don’t know if I will be in London soon but if I am we should catch-up as a lot of water has been splashed.

PPS you know he is suffering so if you can assist it will help me as my whatsapp memory is overloaded.

PPPS it appears I could be blocked! as text failed

Hello all LTH

While researching RTO companies and how they go about doing an RTO I noticed your share PSL.

Unfortunately I am not invested in your share as I am heavily invested in three or four other shares (one over six figures) but if funds do become available I would definitely invest here.

Posters who know me are aware of the type of research that I do and if your Antos Glogowsk has a DOB of May 1949 then you may want to look at Companies House and Company Coeur Gold Holdings Ltd. (see link)

The document filed on 29/11/18 is where you may find something interesting.

I wish all genuine LTH well and hopefully you receive your RTO.

RKB

https://beta.companieshouse.gov.uk/company/11435499/filing-history

Morning again LtdAxis

It is my personal opinion that Eufingest will receive cash for their Bonds but long before the new extended maturity date of 15th December 2022.

But there is a possibility that if the RTO happens sooner, then part of the conditions (of an RTO) could be “upon conversion of all outstanding Bonds prior to RTO.”

What this would possibly mean is our share-price increases from the current lows to a new high and FG would just issue a conversion notice that day.

As an example of what the conversion price of the Bonds would be at with a one day “large increase” see below.

If Bond Notice was issued this morning then the 10 day moving mid-point average would be 2.89p.

If say share-price spikes on a RTO and the spike was today and we closed at hypothetically 3.75p – 4p then the new 10 day moving average would be 4.53p which is about 0.75p more than the previous conversion last year.

If the share-price held for 10 days at 3.75p – 4p then the conversion price would be 19.38P which is greater than the 15p maximum conversion price in the original terms, so the Bonds would be converted at 15p.

Will the Bonds get converted at 15p? Who knows? I think another conversion notice will be issued later this year but as stated above Eufingest will not convert, they will hold out for their cash to be returned (as in repaid at maturity date or on a RTO) Hope this makes sense.

RKB

PS No I am not tired when you are on a free ride with over 4 million shares you can sit back and relax and just wait for the news.

PPS Pbody just settle on £50 million of potential claims so you can move back to your other 16 shares that you have posted on this past month. If you had went to the AGM the past two years, met FG privately and engaged with the BoD including RE then you would move all your attention from the other 15 shares to CLP but will you do that?

Good Morning Linandy1

Apologies, I get “irritated” when Posters post “there” instead of “their” and this morning I have no excuse apart from a bad cold and not checking before Posting.

Eufingest have never sold one share, they have always held. THEIR percentage was at one point almost 30% but at present it is only 14.28% but they have a few loans outstanding which are convertible at 0.89p average.

If Eufingest wanted to they could by in the Market at say 0.6p or almost 33% discount to their conversion but they are not buying, why?

What I believe is happening is that Posters are getting tiered waiting for news and losing their nerve, they do not see the bigger picture.

I met FG twice last year, also had other non-face-to-face communication and I am forever an optimist that FG will deliver what he has promised.

Taken from CLP Home Page “The focus of management is to pursue the monetisation of all of the Company’s existing assets, through selected realisations, court-led recoveries of misappropriated assets and substantial debt-recovery processes.”

RKB

http://clearleisure.co.uk/

Good Morning Linandy1

Eufingest have never sold one share, they have always held. There percentage was at one point almost 30% but at present it is only 14.28% but they have a few loans outstanding which are convertible at 0.89p average.

If Eufingest wanted to they could by in the Market at say 0.6p or almost 33% discount to their conversion but they are not buying, why?

What I believe is happening is that Posters are getting tiered waiting for news and losing their nerve, they do not see the bigger picture.

I met FG twice last year, also had other non-face-to-face communication and I am forever an optimist that FG will deliver what he has promised.

Taken from CLP Home Page “The focus of management is to pursue the monetisation of all of the Company’s existing assets, through selected realisations, court-led recoveries of misappropriated assets and substantial debt-recovery processes.”

RKB

http://clearleisure.co.uk/

Good Morning Pbody

The list of companies that you are looking for is too large to put in one Post.

I have a list of 37 companies that Clear Leisure (and its predecessor Brainspark) were invested in.

If you do your own research you will find that FG has stated in an RNS that almost every company that Clear Leisure has been invested in, we are involved in some sort of litigation or resolution process. (This could have been in the annual or interim results but the exact wording is there is you are minded to do even some basic research)

RKB

I spoke to Hargreaves Lansdown in the past and they ensured me that they do not “lend” any shares. It would be difficult to “lend” an individual’s shares but a financial institution that “pools” shares say for an investment trust or unit trust it is “allegedly” easy to do and not let their clients know.

As at 13:10 there were 1,678 signatures so it will be a long time before the initial hurdle of 10,000 is reached but to make any difference there would have to be 100,000 signatures.

I only posted the link as I had noticed it on another B.B. and there has been almost 200 signatures added since I posted and others may want to post the link on other B.B.

RKB

https://petition.parliament.uk/petitions/242399

I agree 100% shorting should be banned for all shares.

When you stop and think about what our Financial Institutions, Pension Providers and Asset Managers are really doing, you may agree that Shorting is totally immoral.

So a large Financial Institution holds shares in the XYZ company (purchased with client’s money where they have received some form of commission from the clients to purchase the shares) Large Financial Institution “lends” shares in XYZ to a “shorter” who then sells the shares and then sets about bad mouthing the XYZ company.

Shares in XYZ fall and the Shorter buys back the shares and returns the shares to the large Financial Institution which received a fee in return for “lending” the shares to the Shorter.

Does the Large Financial Institution pay the fee they received to their clients they have short change? (I do not think so)

A simplified version of Shorting: I lend you my nice car which is worth say £25K for a small fee of say £500. You trash my car, bash it up a bit, scrape it a bit and when you think you can’t trash it anymore you return it to me. Obviously my car is worth less than what is was before you trashed it but I have the satisfaction of £500 and my bashed up car back in my possession.

What part of the above will our politicians not understand? All of it?

RKB

Ban Shorting on AIM Shares

There is a petition to ban shorting of AIM shares. Seasoned investors have seen this happen too many times. If you agree, please sign and share.

RKB:

https://petition.parliament.uk/petitions/242399

PS unfortunately in Glasgow you need more than £5 for a decent drink but I am sure your alcohol is just as good. Think a few will be hitting the bottle at the current price!

Good Morning Rashley

Did you see on the PBV Monitor website the connection between Clear Leisure, PBV Monitor, Ferrari Pedeferri Boni, Digital Magics and finance?

I am sure you did but to assist LtdAxis make his next £5 profit I will share just a little.

When FG bought 10% of PBV Monitor the lawyers he used were Ferrari Pedeferri Boni (FPB)

FPB also represent Digital Magics.

Digital Magics mission is to “offer innovative start-ups all the support necessary to develop successful projects, from conception to IPO”

What does FG need to do to extract value for long term shareholders?

Set-up the ground work for an IPO and utilize our £40 million of capital and tax losses.

RKB

Good afternoon Knigelk

I have sent an email.

I don’t think it is Bond Holders unloading more like the ones who trade for a small profit.

RKB

PS the reason why I keep the current thread “PBV Monitor” is because I believe we will buy a lot more than 10% and at some point FG will use PBV Monitor to do the RTO.

On any RTO by a company like PBV Monitor if they are able to access the £40 million or so tax and capital losses will reduce their corporation tax from a possible Italian Rate of 27% to 0% or over the years they could save potentially £10.8 million in tax (£40 million * 27% = £10.8 million)

RKB

Good afternoon Knigelk

We never did manage to meet up in London which is unfortunate (think it was gout problem)

I have emailed you in the past but over the past year I have restricted who I email and I requested you to email me last year but unfortunately I did not receive anything.

I have sent out today a translation of some stuff on PBV Monitor which Iam happy to forward if you can email.

Anyone else who has not received an email today it could be because I have sent three recent emails out and there was no acknowledgement but this could be because your email details have changed.

What I have sent out is public knowledge but you have to register on PBV Monitor website to access it. If you do then you can verify my quote from my last post about “11 million Euros”.

RKB

When a Poster is actually banned and they come back under a similar name then that could indicate that admin condone their previous conduct.

For the record I have only to the best of my knowledge filtered two Posters and the only Posts that I have reported are the ones with profanity. It is often wiser to leave a Poster’s posts on the B.B. so that anyone can look at their history and then they will be able to make an informed judgement on their real motive for Posting.

Why do I Post? To attract others to our undervalued share.

Further information from PBV Monitor website:

We are all aware that CLP now owns 10% of PBV Monitor and what we can now see is that the “Involved Fee Earners” were Roberto Del Tredici – Del Tredici e Associati, Andrea Leonardo Pedeferri – FPB Ferrari Pedeferri Boni and Irene Ambrogia Visconti – Visconti Studio Legale. You can also find out the three law firms involved in the transaction.

You may think there is no value in knowing the above information but I would retort that information is valuable and it is what you do with this information.

I have encouraged others to register on the PBV Monitor website so that they can make their own decisions as to the merits of Clear Leisure investing in this company.

We were only really given a limited amount of information when we invested in 10% of PBV Monitor but if you do your own research you will be able to see what they are forecasting by 2021.

“It is equipped with 3 online magazines in English, French and Italian and points to a turnover of 11 million euros by 2021”

RKB

PS welcome home Max, about to email you and a few others as there is a lot of information that is not public.

LtdAxis

I did say yesterday that I was limiting my research and only sharing with a few truly trustworthy friends.

It is because of people like yourself that it has come to this. I provided a link to PBV Monitor, informed others they could register and a few did register. You want to help yourself and nobody else, I am not like that but I will restrict what I post. Because you recently said you had sold 1,822,341 and made a grand total of £5. You will continue to trade CLP on a tiny movement and by your most recent comment trying to imply what the 5 million legal claim was for proves you have not done your homework.

The RNS from 11th May 2018 does correctly state the legal claim against Justine Cooke & Fortune Cookie was between £700K and £5 million. Now I don’t know if in New Zealand you have forgotten that the currency of the UK is GBP or £ and what was the information on the PBV Monitor site? Euro not GBP.

Continue your strategy and collect £5 on a £10K gamble and I am sure you will do well providing you have about 40 years to go before retirement.

RKB

Good evening LtdAxis & Pbody

Maybe Max or Vincenzo who are both Italian would be able to shed some water on what has been “discovered” on the PBV Monitor website.

RKB

Good afternoon Rashley

You are the third person that I know who has signed up to access the PBV Monitor information. There is so much there it is almost like Companies House.

RKB