Member Info for TeranceTibbs

Agree Affrm; I think be brave and buy more if the opportunity ever allows.

My personal opinion of course and I am not the oracle of Omaha.

Leddach, it's being loaded with debt for a reason. There is a valuable Asset, otherwise why would anyone lend it money (and ensure the debt is secured via floating charge)

Once suspension lifts the share price will go through the floor from the sellers. There will be folks then looking to buy up the equity around and below the conversion price (if they can).

Maybe even the company could have bought back it's own shares with the RMD loan money, although that resolution got voted down at the AGM as I understand...

They key here IMO, is to try and get in below the conversion value of the Loan Notes.

Of course, that all depends if the company ever comes back to trading.

Clearly current BOD don't want to lose the control, they have worked so hard to get.

All my own view of course.

So are RMD stumping up the cash to deal with all these court cases, along with keeping the admin costs to keep the company running?

Assuming that? Is it fair to assume the next tranch of CLN's could have an excise of 1p maybe?

Are shareholders therefore facing a potential wipeout?

Zag, how do you know, who is and who isn't invested?

Small fry, penny pump and dump merchant who got caught holding the bag.

Clear a few posters have an agenda here. They put their money on the roulette wheel and got the wrong colour. Now they are blaming the dealer and hope if they can have a respin the replaced blank roulette wheel will eventually give them their colour.

No guys, it won't. Unlucky. The house always wins.

Kong1 nice porfolio - PPP, Physiomics and Cattenai.

Is that the Financial Masochists Index linked fund?

So Egypt, you are suggesting what looks to be a profitable JV interest is worthless?

No, i' afraid I disagree, there's a reason that this is being loaded with debt and still suspended.

Hmmm, good question.

How about the assets that are being recognised as fully impaired, but another company was happy to write off £5m of debt for roughly a half stake.

Zag, possibly a liquidation of assets and return of proceeds to shareholders?

I don't like the fact this is being loaded with debt and the equity holders have no active market to sell their securities.

Feels a bit dogey to me.

Of course not ZE. The BOD were not born yesterday.

They are clearly capable of writing to all shareholders when they are ready with an RNS explaining what happens next. They know the lifting of suspension is the biggest ask at the present moment.

Zack someone told me they got an auto-reply about slow replies due to holiday in Maldives with the lads. What's that all about?!

TheReal, i asked this question yesterday and got told 8am tomorrow. There's no reason now the accounts are out and the AGM was passed that they can't apply for the suspension to be lifted. I'm led to believe it's a 10 minute submission to the LSE.

Well... a 4 mil MCAP and has revenue of 14k? (YES 14 thousand pounds per annum)

It reports losses of circa 300k per annum.

What they doing to get 14k per annum LOL

My mate told me to stick to the blue chips - not this he recons why would people buy this stock unless they want to lose their hard earned money?

Hope so Affrm. That would be a very nice return.

Ah yes. Another zombie company with more debt than anyone can shake a stick at.

For financial masochists only.

Kong what is your obsession with rent boys? Care to share, without too much detail of course.

Hi folks, my mate is telling me I have to be a complete dumb A$$ to put my money in this stock?

Is that right, i thought maybe it could be a good invrstment to get some tax losses back?

Thx Newuncle. I only joined today but glad to bring some insight to discuss.