Member Info for Thatslifebro

Sushi has been repeating the same lines and predicting CLAI administration is imminent for years.

Interim results out later this month? Released 28th May last year.

Their advisors (First Sentinal) didn't know about it when I rang them yesterday but they told me they were going to speak to CLAI so they all know as of yesterday.

MIRI (tipped recently on here) have collapsed.

Still no RNS re the CCJ therefore nothing happening which has a "potential impact on the company's financial position, operations, reputation, and ability to attract investment", one assumes. However, it doesn't mean there won't be more sellers than buyers today.

A CLAI update would really be handy.

I don't know where the capital letters on my last post all went!

yes it's very poor they let this happen, i don't understand how. they have plenty of money to pay 8k. share price dropped but hardly any volume, could have been worse and if clai really was about to go down the khazi we would have seen a lot more volume and halving of the shareprice. it's a **** up but just 8k that they must have owed anyway.

interesting, i noticed today on the companies house website that 2 of the directors are living in singapore. that doesn't help them keep an eye on admin here! anyway, i am sure they weren't both living in singapore last time i looked, at least not olivia edwards. singapore is #3 in the gobal ai index after the us and china, good place for them to be doing deals.

final positive point after a disappointing day......solana has now recovered quite well after a sudden drop this afternoon.

Huge spread now.

Low volume but 2 to 1 sales v purchases and the price slips.

That would be nice!

Found online....

"While a listed company isn't legally mandated to announce a CCJ, it must disclose the event if it's considered material to investors. The materiality of a CCJ depends on its potential impact on the company's financial position, operations, reputation, and ability to attract investment. "

Surely an RNS on this CCJ is coming. If so hpefully they can say something positive at the same time.

Their Solana is liquid though, easy enough to cash some in if they have no actual cash.

I wonder what the credit limit came down to and what the credit score has come down to as well.

Clearly there is some kind of administrative/communication problem for them to have got that CCJ?

You are right GEN10.......they have over $600k in Solana so it isn't that they can't afford it. Not impressed.

Thanks spantrout I was literally just about to pay for a search (via Trustonline.co.uk).....you save me £6!

HK1965......

I phoned their corporate people First Sentinal to ask....they knew nothing about this but told me they are going to check with the company.

If true, yes it is pretty poor ....but 8k isn't going to make a difference

Correction.....not a FTSE 100 company

Not a FTSE company.....I wish they were as we would be rich!

I phoned their corporate people First Sentinal to ask....they knew nothing about this but told me they are going to check with the company.

Where did you see the post? Link?