Member Info for Saint68

Not sure that Iclaprim statement is true so would need to do some research around that. I agree that the BOD has totally shafted us and don’t care if people see my point but this is a BB and all points (within reason) should be debatable.

I appreciate that the proposed deal is absolutely s..t Rosie but 97% down is better than 100% down. And yes I voted no against the consolidation.

Roobler - not sure how you can say that we lose it all is the medium case scenario. Taking principle out of the equation then surely something is better than nothing and who maybe in a few years we will get our original investment back.

I would have thought that if it does end with a no majority then that will be the end and no further deal will be forthcoming - as stated in the RNS. Hope I’m wrong.

My only concern with voting no (even though I have done so) is that if there is no better offer we’ll lose everything and the company will be wound up. It’s taken the BOD this long to get us this paltry offer so don’t think there was much interest from anyone else.

Checkricky - please stop starting a new thread with all your posts - just press the reply tab.

No

Just voted no to the consolidation and yes to all other resolutions.

Sayful - only you can decide what do do. Lots of info on this BB to help you decide and you’ll need to register your vote via your broker.

Capslock your buy in price is irrelevant as everyone would have their own. I have 1.5m shares with an average of around 0.6p - around 9k in value. That “investment” with the suggested deal will be worth £1363 (before exercising warrants) Yes it’s better than nothing but that 220:1 consolidation is something I’m not prepared to let slide. Bear in mind that we have no idea where the new company are in relation to getting a product to market so may take years to break even.

40:1 consolidation would be the ideal scenario but I cannot see this happening. For me an acceptable ratio would be 100:1 and still have the warrants available. I will be voting no to the 220:1 and agree with others that I would rather take nothing than let the BOD get away with this treatment of its shareholders.

Fortunato - how many MTFB shares did you have to enable you to be entitled to buy 15k worth of warrants ?

Yes that's correct. For every 220,000 shares you have you'll get 1,000 new shares. Sounds like a promising company but the consolidation is a crippler. Was expecting it to be much better than that.

Agreed - shafted again

Had a kid in our school named Elvis Parsley

Some good finds there CAW1

Me too as that’s what I’ve done :-)

Kira - with HL you can set how you want the dividend to be used - re-invested or cash held ready for you decide. It’s in account settings.

Dividend paid into an ISA will be tax free

If EUA does as well as expected a big chunk of my profit will be used for increasing my holding here.