Member Info for sellonnews

Subject to any provision of the company’s memorandum or articles, notice of a general meeting must state the general nature of the business to be dealt with at the meeting.

(Companies (Guernsey) Law, 2008 (as amended) Section s.210(2) )

A share confers on the shareholder a right to vote on resolutions of the company and the right to an equal share in dividends and the right to an equal share in the distribution of surplus assets of the company unless varied by the memorandum or articles of the company. (s.276)
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DYOR
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Agriculture technology startup CropX Inc. announced Wednesday it received $0.5 million from Ireland Strategic Investment Fund (ISIF), a governmental investment arm. The money will fund CropX’s crop yield optimization pilot in Ireland, set to launch in February.



CropX uses soil sensors and cloud-based analytics software to optimize crops. The company's software analyzes soil temperature, moisture, and conductivity, to reduce water, fertilization, and energy costs. Founded in 2015, the company employs 30 people. Earlier this month, CropX was one of twelve finalists of Calcalist’s and Microsoft’s second annual artificial intelligence and big data startup competition

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https://www.calcalistech.com/ctech/articles/0,7340,L-3752924,00.html
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Merry Christmas to one and all.

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Perhaps the 180 was accidentally placed into reverse gear, which was only discovered at the Italian border? Will it wait there for the arrival of the BD 260 and return with it to save costs?
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Merry Christmas all, and a Happy and Prosperous New Year.
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As if by magic, the point was proven, "Your right"

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Not wishing to enter into a debate on erroneous statements, LION shareholders own 100% of "Tally (ex TRAC)" and therefore in the event that TALY is spun-out the percentage ownership of TALY will be exactly the same as for the LION holdings. I would however be grateful to know under which sector a banking and mining Company would be listed. Also, would the IPO be for the combined assets, or just TALY?

Yet again, Mark Twain has a delighful explication:

"Never argue with an idiot. They will drag you down to their level and beat you with experience.”

The joys of reading some messages.
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Regarding TRAC and the 2200 approx shares, they no longer exist:

"All TRAC Shareholders accepted the Offer prior to the Offer close at 5.00 p.m. on Friday 20 April 2018.

Lionsgold has therefore allotted a total of 57,995,304 New Ordinary Shares in Lionsgold to the shareholders of TRAC who held the remaining 1,032 (45%) TRAC shares not already owned by Lionsgold. 39,506,491 of the New Ordinary Shares will be subject to a  six month hard lock-in. Application will be made for the New Ordinary Shares to be admitted to trading on AIM, which is expected to take place on 27 April 2018. The New Ordinary Shares will rank pari passu with existing ordinary shares."
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GL
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Could Lionsgold be relisted containing just the mining assets, with TALY being spun-out, and listed as a separate banking entity? Possibly a share consolidation too? Selling the mining assets could also be an option, raising funds for the launch of TALY, perhaps?
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Yet there is not one single Tally share currently in existence. On readmission, LION shares will become TALY shares - a change of direction, not a takeover.
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That poor poll being hit by hamilton, doesn't seem fair.
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Isn't it just a name change as happened when Kolar was renamed Lionsgold?
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Welcome back BrownAdder, you were missed.

From your observation, it appears that you singularly failed to read the messages from Tabither09, Rayofhope, and bigmj... ah well such is life.

Have a very Merry Christmas and Happy New Year.
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So, mid-January before delivery, then?
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Tabither09

Thank you very much for reposting your comprehensive notes, it is much appreciated. For clarification, in Jan 2019 is there to be a placing to raise between £500,000 to £1 million as well as hoping to receive funds from the outstanding 2.2p warrants which expire on Jan 27? Or, is it just warrant exercises which will raise the funds?
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TIA
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coot,

There is absolutely everything wrong with warrants, for example 1.2p warrants being exercised when the price is over 3p!

So, warrant holders get a discounted placing and a second bite as the share price increases, that is wrong imo.

With there being talk about great interest in the IPO, which should be at a premium to the last price, there is absolutely no need to offer inducements by way of warrants, unless as suggested at twice the IPO price - that's what will bring the money in on an equitable basis.

Just restrict the IPO to 100,000,000 shares and let the price take care of itself, without warrants attached - LION is no longer a fledgling start-up that needs to offer discounted shares and warrants to induce take-up.
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Only six days to go and what is the agenda/resolutions? Will there be time to submit proxy votes?

Perhaps it will be postponed until 2019?
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The total value of the initial order under the agreement is approximately US$1.1 million. Delivery is expected to be made before the end of 2018, with the Company receiving payment for the majority of the order value immediately prior to delivery.

GL
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Has anyone seen any details about the AGM scheduled for December 28 ie in 7 days?
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No!

"April 2019 Have the company listed again on AIM as tally limited" (Tabither09)
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