Member Info for rustybucket

with both it does say "and associates" my thoughts were that the "associates" lent the money. of course that is just my opinon of it. Happy to be proved wrong again. (1) Under the Founders Arrangements described in the Prospectus, Vailaski Holdings Limited will be subscribing for 395,491,398 New Ordinary Shares pursuant to the underwriting arrangements. Each of Mr Hambro and Dr Maslovskiy will have call and voting rights and will be subject to put rights in respect of one third of these Shares. These additional New Ordinary Shares are all being issued at 5p per share. (2) The percentage of voting rights is determined using 3,278,187,139 voting rights as at 18 March 2015. This announcement is made in accordance with DTR 3.1.4R and relates to transactions notified to the Company in accordance with DTR 3.1.2R. In addition the Company has been advised by the Employee Benefit Trust that it sold 18,852,116 nil-paid rights in order to subscribe for 226,225 new Ordinary Shares. The Employee Benefit Trust has an interest in 1,441,406 ordinary shares representing 0.044% of the enlarged voting rights. Capitalised terms not otherwise defined in this announcement have the meanings given to them in Part 14 of the combined prospectus and circular dated 2 February 2015 issued by the Company (the "Prospectus").

I stand corrected Kenj. Thank you for that. I am still not sure it was their money. As announced on 18 March 2015 and 28 March 2017, Dr. Maslovskiy was a party to a put and call option over 131,830,466 Ordinary Shares of �0.01 in the Company (the "Shares") and also had the ability to exercise voting rights over the Shares (the "Option"). I remember they both had Put and call options. Still cant remember when Peter hambro "sold his shares " The Option has lapsed on 30 June 2017, with neither party choosing to exercise their put and call. The voting rights that Dr. Maslovskiy had over the Shares also lapsed on that date. Dr. Maslovskiy is in discussions regarding the entry into a new option agreement consisting of a put, call and voting rights in respect of Petropavlovsk shares.

I agree about the letters.

Peter and Pavel bought into the rights issue ???? with someone elses money with the option to buy. Those options were not take up and have lapsed and the shares have since been sold on. Peter and Pavel mentioned dividends. Get Real. They need to repay the bonds first. Everything should be done to amass as much cash as possible so we have enough to pay the first lot of bondholders ( assuming they do not convert ) Then we have another $500 to go along with guaranteeing IRC LOAN. Dividends. You pay those when you can afford them. We are a long way from that position at the moment. People also say that Peter and Pavel helped us stay in the game. Firstly they took us into that position. secondly they made a lot of noises about how talks were progressing well. Someone mentioned it was �3 a share. It was more than �12 at one time. Surely that would have been the time to raise cash. Benefit of hindsight I know.

And looking at the latest news Pavel and Peter have not taken the options so I would suspect have very little "skin left in the game". I said all along it wasn't their money. They were backed on the basis they had options. These options expired.

what have they got to do with slevin and co. Pavel, AND Peter for that matter have said they have NOTHING TO DO WITH them are they LYING. And its them that has proposed it. Not the board. If they were to come out and say who the "real owners" are I might think differently.

Not voter BROKER, IF YOU WANT A PROPER VOTE YOU NEED TO GET PROPER FORMS FROM YOUR BROKER VERY VERY 1 SIDED. THEY ARE INDEED RUNNING SCARED. I cant vote for something which gives a no choice. I can also not vote for someone who wants to remain anonymous. So I will contact my broker to give them my proper nomination.

They are not proper voting papers. If you sign them you agree with everything the board proposes. Normal votes on this alow you to vote for who or what you want. If you want a proper vote you need to contact your voter. I assume that that is unless your have certificates and they are not in nominee. I also note that they are offering a pre-paid envelope, very one sided. I WILL NOT SIGN THIS IN THE FORM IT IS IN. I LIKE TO HAVE A CHOICE.

if there was a general election and you had 2 choices. I. you know all the details about and2. other you were just told they would do a good job and they would tell you who it was after you voted. Which way would you vote ???

Got mine as well plus their recommendations. I will look long and hard before I vote. I will not vote for cabs and Slevein unless they reveal themselves because we could be voting for Sapinda as much as we know. They need to take off their masks if they wantto be credible. ( in my opinion ) I have 2 lots of votes 1 in ISA and 1 in pension.

He was Rashikevs pick and he also also works for him which is why the company is saying there is a conflict of interest. But if he was backing the board that would be okay.

Amazon are getting the scraps that Sky and BT would not bid for because they thought they were too pricey.

50s. Don't we Love them. ( Not )

Seriously Lawrence13. You don't do your self any favours with posts like that. I was just about to defend you, like others have then you post things like that. I know he has made negative comments, but does it really do any good to give the reply you do, which is likely just to provoke another reaction. Enjoy the sp going up and don't worry about the knockers. As others have alluded to at times there has been very little on the board and you have at least posted. Chill !!!!. Enjoy your weekend.

I am still waiting for you to post the post that I mocked you about hastings. If I did as ever, I apologise, I also remember reading about Hastings and thinking myself that he was too inexperience for this job. He did his job, get the Yume acquisition over the line. It was clear in the transcripts that Brain wanted the deal, But NOT NOW. So Ted Hastings got the job of getting it over the line. You happy now ???

it didn't double when they went it wont double if they come back. Only yhings that will make it double are renegotiated IRC deal Pox hub finished and working properly and pog producing loads of money to pay off 2 lots of bonds. They could do that with you Lawrence13 in charge as the wheels are already in motion

makes interesting reading

You say City is looking at three main figures, turnover, pretax profit, and earning per share. Everything else is noise. I am looking at those but I also want an update on the cash position.

You were going to tell me. Come on then.

well done Contrarian, new board being blamed for a lot when people do not know the facts. People want a RNS every day about nothing. A boards job is to run the company. Let them get on with it.