Member Info for rooblertwo

Do they have to propose / set a date with them though or is it just an email them the report.

I can't remember the website URL but is there a court case in the agenda yet for this week?

I'm out with a 57% loss
Good luck all.

@Dapr - "A reverse takeover (RTO), reverse merger, or reverse IPO is the acquisition of a private company by an existing public company (often a SPAC) so that the private company can bypass the lengthy and complex process of going public."

We couldn't do an "RTO" if we lost out listing...

So I am currently in TRD (down 53%) and I am thinking of just going big and risking on something punty in the US
Wish me luck and I will tell you how I fair at the end of the day haha

Oven ready

I suggest getting in touch with Walbrook

Drinks on you James after your bagger

What?

As for you @Artyh I am not bothered at all about this anymore. Past caring with it.

The stoic way is to not give a crap about things out of your control.

2021 new year new me.

Crack on

haha I am fine. All I said was "We should proceed with calling the GM that Neil was trying to setup if we don't hear anything this month. Tim said January for an update I think."

It would take a min of 14 days to have an GM and that is even before rallying every and even before deciding what we want to propose.

So I expect that taking a month.

So just posting Niels message from around the time of the update from Tim:

----

The clues are in the wording.
"A RESULT OF THE PAINSTAKING PROCESS OF LISTING THE COMPANY'S SHARES" - Listing can only happen when the target is known and terms and conditions agreed, and the content of admission document/prospectus has been agreed.
"A LENGTHY REVIEW PROCESS" - You can't review something that hasn't been done.
Therefore, to me....
Target is agreed, terms are agreed, listing document / prospectus is agreed between us and target.
"DIALOGUE WITH THE RELEVANT REGULATORY BODIES"
It is now with these bodies for their approval.
As far as i am concerned, we are done. Paperwork, crossing the "T" s and dotting the "I" s is the final stage now.

Well we don't know the exact stage but when you read the latest RNS - "The Company is currently advancing the necessary work streams to complete the RTO process with a UK based candidate in the healthcare sector. The Board expects to provide shareholders with a further update during the second half of January."

It indicates we are on the home straight with no jumps to go over.

If they are at the singing stage the BOD will look like utter idiots for not finishing the deal because their fat monthly cheques can't come anymore.

The BOD get a big pay out if they seal the RTO.

They can probably run a fumes for a while.

Exactly, I don't expect it to land this week. I expect a delay update but the delay will state there is significant process to remain active.

True... well I think we should start thinking of calling a general meeting to get facts from the BOD on the actual stage of the RTO.

If they are about to sign I am happy. If they are still finding candidates I am not.

However, I believe a candidate has been found and we are doing the "process" to get it finished.

Well if that is the case we can call a general meeting. At the last count on here we had enough shareholders.

We can propose a few things.

We are not helpless if we stick together.

We should proceed with calling the GM that Neil was trying to setup if we don't hear anything this month. Tim said January for an update I think.

Damm I better sell in the morning then.

Previous update from Tim