Member Info for Scotty77

I suppose on the upside someone is taking those shares... ready to make some money on a little pump... here's hoping..

in the mean time, down we go

yep same. Radio silence. Expected but at least a holding email would be nice.

good days and bad YHAL, today looking at the continued decline is a bad day for me at least.. more upbeat tomorrow at 4p and the 3.5p :)

that's what I'm hanging onto Bakky... the problem is that what we think we know is based on the information recieved from the same incompetent people that have us where we are today and that makes me nervous...

There always appears to be some kind of leak of info or someone in the know that generates some activity before official news. What worries me is that there are steady sells going through. Im not saying massive volume but someone just dumped another 500k of shares. I am starting to hope we are not about to lose our shirts on this one. Its definitley starting to look like the normal aim play of rinsing Shareholders whilst loading pockets on salaries etc... cant deny this is starting to worry me.. and Im wondering if TH really is as honest as we all thought... Im sincerly hoping i'm wrong..

i never truly know what IIs think of this kind of situation. are these investments for them so small that they are always a punt and assume that 90% will fail and they are tax deductible losses or do they see these as real investments. I've observed a number of AIMs that have gone to the wall and they have always had IIs with fairly big holdings so I always wonder what it is that I don't know and why they invest. anyone?

How can the directors of this company take the salaries they get and then sit ideally by while shareholder value is decimated. I guess this explains why TH never spent a penny of his own money on shares. We are now below the value of the ICM business we bought. Im fearful that insiders know what is coming hence the continued decline in the SP

I'd take it to be honest but I have (well had) a fairly low average. A couple of days after the tender offer was announced I did say that may mean 7p unless something should happen that would make it their regular 6p buy price. And here we are. It's very difficult not to be sceptical when the timing of these things is so well timed. If it is true then it could benefit shareholders if the tender offer is as low as possible and they buy up more shares for the 3m. My big concern now is more bad news e.g. tender offer now on hold, more accounting mistakes identified, lower sales etc. Then there really is a concern as to where the SP ends up..

CNIC took a hit yesterday.. feels like a market segment hit but because of our low starting point feels extra painful.. who knows where this ends up..

I was really hoping for an RNS today to provide some clarity and calm the storm. Amazed they have not provided more clarity by now. Even a basic statement highlighting this is an isolated incident and whilst a mistake there is no evidence of foul play etc

I think its fair to say we don't know the extent of the mistake or whether this is an isolated incident and this is what is causing the uncertainty in the market. I'm sure plenty of us have seen this kind of thing before and its spiralled into the eventual collapse of companies. I'm not saying that is the case here and hoping this is a mistake that can be put to bed as soon as possible but the nervousness of us all is clearly reflected in the SP.

on the up side if this is all a storm in a tea cup, hopefully the co will buy up as many shares at these prices. It will certainly absorb far more shares than the previous plan

Quite a drop. Is there more imminent bad news about to drop? This is starting to look pretty desperate. I for one will be sending an email to the company today. There will be nothing returned I'm sure, but this is turning into something very serious.

thanks SB... I cant believe I have fallen for this AIM BS once again. These company directors are on good salaries and show very little skill. Or maybe I'm missing the point and their skill is running an AIM company whilst rinsing Shareholders and ensuring they fill their own pockets as much as possible. In which case they are doing an excellent job. Feeling quite bitter today so please ignore the negativity

i don't see who will hold them to account. The IIs have got a lot invested but how much say do they really have. The front of this board to determine what is best to add shareholder value is laughable. If they pull the tender offer or base in on 10-20% above the current SP, screams of some kind of manipulation. The coincidence of all of this cant be ignored.

Not that I can do a single thing about it, but if this management team get big rewards this year I will be so angry. It's disgraceful what is happening. It is total incompetence and to watch our investment suffer while they get salaries and options way above their level of ability and performance is shocking.

for all the shares being sold I cant buy any...

How long could they have known before notifying the market.. will this be a reason to pull the tender offer pending the outcome of the investigation.

wouldn't be surprised if the company isn't hoovering up the shares at these prices or would that be seen as opportunist and not allowed ?