Member Info for Scargs

Pleased to see that the share price has held up today. I accept the price dropped first thing this morning after the release of the interim statement and the figures, but nothing too serious. Perhaps the MMs are looking for stock and are trying to entice people to sell by dropping the price. So far the good news is that there has been a small sell and one buy of roughly twice the quantity of the sell. As said in my earlier post I think the interim statement is reasonably positive and we must remain patient.

I have now had a couple of hours to digest the contents of the interim statement. It does seem that Mark P is getting his "ducks in a row". In other words he is getting the finances in place so that he is ready to swoop when he is comfortable with an investment opportunity. Clearly Mark understands that the investment entry point is now much lower and CRV is in a financial position to take advantage of the current situation.

Got it. Thank you Karina.

Karina, thank you for your update posts. I have been looking at the CRV website, but cannot find the reference to the mention of "The Company may choose.......etc.....without any track record. Where did you find this? Scargs

I should add TullyCrow that you absolutely spot on when you say that CRV is well under the radar. Hardly anybody knows about the Company, however I am of the opinion that at some stage our patience will be well rewarded. All we can do really is sit tight. Scargs

I should add TullyCrow that you absolutely spot on when you say that CRV is well under the radar. Hardly anybody knows about the Company, however I am of the opinion that at some stage our patience will be well rewarded. All we can do really is sit tight. Scargs

You have hit the nail right on the head. The CRV bulletin boards and the CRV share price are "in limbo" as we very few investors wait to learn of anticipated developments. When news is announced it will come like a bolt out of the blue. This is CRV's management style and could come at any time. GLA.

There has been quite a number of suggestions regarding what is going to happen to CRV post the EGM last Friday and the subsequent director changes. All these best guesstimates, opinions and predictions are perfectly possible and all have merit. I particularly like the suggestion on ADVFN that CRV could be subject to a reverse takeover which would make complete sense as it is a very cost effective way of putting assets into a company that is already listed on AIM. The bottom line is that we simply don't know what lies ahead. However what is certain is that when something does happen it will come out of the blue without any warning whatsoever. We have no real idea when developments will emerge, but my gut feeling is that things will happen sooner than later. A message to all LTHs. Keep patient and don't sell as 1.25p could be a low share price.

The passing of all the Resolutions at yesterday's EGM, the stepping down of Alexandra Eaves as a Director of the company and the appointment of the new Director are more pieces of the jigsaw that have fallen in place. Now that the new share issue has been approved it gives the "emerging market" investors the opportunity to come on board at 1.25p and potentially £50,000,000 could be raised by Craven. I'm not sure whether or not the £50,000,000 would include GEM's £30,000,000. BUT to my mind if an "emerging market" investor/s and GEM buy the new shares at 1.25p they would, without question, want representation on the board to monitor their investment. Clearly the new investors would be looking for a healthy return on their investments and this can only be good for Craven's LTHs. We are another few positive steps further forward with our involvement with Craven and our investments and patience may well be nicely rewarded. Time will reveal all.

401,820 shares bought @ 9.45p, costing £37,970. Somebody has faith in Pinnacle. That transaction is a very unusual and very rare high value transaction.

The next few weeks will be interesting and post the EGM results everything will become clearer. The issue of the new shares to raise £50,000,000 is to satisfy "Emerging Market Institutions". GEM is American and may or may not be part of this exercise. Not too long top wait to find out the correct position.

I agree that we private investors have really no idea about what may or may not be happening re Pinnacle. However, with the markets down today by some tune it makes you feel that there is something positive happening with the company as the shares have gone UP big time. Two reasonably big buys today, both over £11,000. Time will reveal all.

Pinnacle is UP 9.4% today when pretty much all other shares are DOWN.. Anybody care to comment?

On the assumption that the new shares will be issued and placed with the "Emerging Market Investors" @ 1.25p then today's Mid Price of .725p looks a bargain. Why are the shares not being bought at say .75 ? The answer is because CRV is way under the radar as nobody (except us lot) has heard of this tiny little company. To me the current price level is a steal.

Two very interesting individual posts and both provide much food for thought. It is very clear that there is a strategy and we very patient long term CRV holders will not have to wait much longer to find out the outcome of this strategy.

In addition to the proposed £50,000,000 from the issue of more shares and the £30,000,000 GEM facility at 1.25p, there is the potential £20,000,000 from Desmonds. £100,000,000 is some war chest and gives some serious fire power.

Karina/Tully Crow How many available at .75????

Good Morning TC How many can you buy on line at .75?

freddie01 Did you read my spot yesterday? 603,125 shares costing £88,960. Makes you think that something is brewing. Any thoughts?

Happy New Year Stroker. Are you still recovering from New Years Eve?? I miss your input on this board. Come on, get cracking.