Member Info for saintpeter7

This is the fourth shell I have been involved with, the others being GWIK, FOR and SMA. The first came up trumps, the second ended up on NEX (thankfully only a £500 punt) and the other has until July. In my short time experience, rarely does anything happen quickly and the six months time limit before AIM cancellation seems to be fully utilised. I took comfort that JM was involved, but now not at all sure. Last minute - let's hope so.

I have to say I'm disappointed with the price at which the directors may exercise the options. There is no incentive built in; I would have expected the option price to be more like 12p per share. As well as being fairer to existing shareholders who bought higher not so long ago, it would show some ambition to the market.

I trust you're not leaving as your posts are most welcome. I just filter twits like them.

I know that FBT is a real favourite of bonker and I do look at his charts, but looking at the daily chart rather than the weekly IMHO does emphasise that we may see a rise in the SP this week. On the daily chart, there is a smaller wedge shape than the longer one, which started with the top of the wedge dropping from 10p and with the bottom of the wedge touching 9p on 9 December (as on the weekly chart). An end of day rise to 6.75p would have the SP up out of that falling wedge. There may be resistance there, but if broken the next step would be up to 8.25p. Well that is the TA theory. Here's hoping it is fulfilled! The update that we will hopefully receive re BBC/Apple may hopefully be not more than a month away at most. GLA for next week.

Not surprisingly, DBC will be late in filing their Accounts to 30 June 2016 if they are not filed today. Not that the Bod are probably worried - what is a £150 penalty to a company of their size. That tweet just makes you think there is an outside chance that an investment will be announced before 5 April. I don't think it has to be an RTO for which time has surely run out. The fact that they shortened the current accounting period to 31 December 2016 from 30 June 2017 and that there was registration of a charge in December in relation to £2m CULNs 2018 indicates that they have been planning something for DBC. We live in hope.

If you are prepared to wait, for how long I haven't a clue, the shares are now 'cheap as chips' as they say. Hold and one day, your investment will possibly double on news of the first investment.

As JM was talking about investing in longevity, perhaps even at this stage, LIFE will be investing in one of those companies he listed at the Master Investor Show rather than DBC. Unlikely I know, but ...... We live in hope.

Yes, I assumed it meant transaction. I guess he felt he couldn't say more, but I did laugh at the picture you conjured up in our minds of JM stopping MA in his tracks. even at 3.25 am!

Just found the following tweet from Mitch Alland, CEO of LIFE, dated 25 March. In answer to a question from ontheup to JM, MA tweeted:- Mitch Alland here. We working on a T. Not long to go.

Or acquire some of the £2m convertible loan notes that I understand were created in December.

Well researched Tillerman. Should have checked that myself. Perhaps all is not lost and I was interested to read this part:- The proposed investments may be in either quoted or unquoted companies; and may be in companies, partnerships, earn-in joint ventures, debt or other loan structures, joint ventures or direct or indirect interests in companies, assets or projects. In particular 'debt or other loan structures'. Could that mean that they could lend DBC LIFE's cash, more so than they have already, and that be treated as an investment, or acquire a certain number of shares in DBC with its cash instead of reversing DBC into LIFE at this time? That would seem to give more time for DBC to be ready for reversing at a later date.

Found the following - shame it's not this company https://www.connect.media/life-science-development-acquired-for-130m/

Sorry you know who.

*************

I now think I should have listened to TW: http://www.*************.com/views/24291/life-science-developments-the-interesting-case-of-the-diabetic-boot-company-part-2-the-jim-mellon-spoof

Not looking good Ant is it. I did phone the CFO yesterday, but he wasn't in. Whether he will ring me back today, who knows. I thought JM was someone you could rely on and that's why I bought shortly before suspension. Hopefully he will still come through but.......

Thanks Tillerman but what would have been the point in LIFE delisting from AIM anyway. They would have had to have done so already because there are less than 20 days before automatic cancellation of the listing on 5 April. Tomorrow appears to be the last day for notice to be given for an EGM for an RTO to be approved on 5 April, unless they somehow have at least 75% of shareholders to consent to a shorter period. This is unless you are allowed to have the EGM after the listing deadline so long as the RTO has been all but approved before. I am resigned to LIFE losing its AIM listing and being relisted on NEX, with a possible RTO when on NEX to be followed by an application to relist on AIM. A saving RNS tomorrow please!

Sorry for the *********. Just go to TipTV and search on Mytrah Energy.

I know that the interview with Bob Smith, Executive Vice-President of MYT has already been highlighted at the time in January. http://***********/ceo-interview-india-compelling-market-case-mytrah-energy/ For any newbies and indeed for those who are already invested, I think this interview gives great confidence in MYT's future and for a profitable investment, particularly after the hammering of the SP down to its current level. Please DYOR of course.

Have found the following which is of major importance to the future of MYT - http://www.livemint.com/Companies/DmVlw0cfUzPGqm3QY2E8DN/IDFC-Alternatives-looks-to-exit-Mytrah-Energy.html I was unaware that MYT's Indian subsidiary was proposing an IPO and that IDFC Alternatives was looking to exit its investment in the subsidiary. I just wonder whether they are also the seller, which has been the primary reason for the major drop in MYT's SP. Once that seller is out of the way, combined with the IPO by the Indian subsidiary, there may well be a major recovery in the SP. Is this indeed a great opportunity to top up? Would be interested to hear other's thoughts.