Member Info for The.Italian

pleasure.

mark@1973 MR05 if it's been released or the property the subject of the charge no longer belongs to the company.MR04 if it's been "satisfied".ive delved a little deeper (shows the folly of posting without looking at all the available information).if you refer to the RNS of 28th jan you will see it refers to a loan amendment and release agreement with hercules regarding certain actions which fully"satisfy" the conditions attached to the hercules agreement.the loan was made to MOTIF INC the us subsidiary.the charge now satisfied is the subsidiary agreement under which motif bio(our company)in effect pledged all its interest in Motif bio inc as security for the performance of the obligations under inc' loan agreement. the amendments in january effectively satisfied motif bios obligations under the hercules agreement but the notice of satisfaction has only now been registered at companies registry.thats my analysis,.imo it doesn't mean the loan has been repaid it simply means that motif bio's responsibilities in relation to it, which were released in january ,have now been formally recorded as satisfied.this would be consistent with the absence of an RNS as nothing has actually changed since 28th jan.what is interesting is the timing.why file it now/ok gold my not be very busy and is doing a bit of admin,but if motif is going to the wall why bother.for me it suggests tidying things up before the RTO announcement. i hope I'm right. all just my opinion of course.

now had a chance to look into this a little further (probably should have done so before my last post) and now not so sure the charge has not actually been repaid. the term "satisfied "results from lodging form MR04, which is the one to be used when the charge has been satisfied in full or in part.where it has been released or where the charged property no longer forms part of the borrower's property form MR05 is appropriate. this would suggest the charge has actually been repaid (contrary to my initial thought) .i suppose it depends on what is meant by "satisfied" but it would certainly appear that something more than a release has been involved. either way it still looks to me like a significant move and hopefully a positive one. no further speculation now from me until we get some definitive comment or announcements from motif.

precursor to RTO imo.that was my immediate reaction to the news. i do not think the loan has-been repaid, but its a tidying up exercise to get things ready for rto.potentially a good sign.just my opinion and other opinions are available.

opti if you really are lord sugar you have my deepest sympathies!

HMRC! you couldn't make this rubbish up!

yes it was possible to get sell quotes most (not all ) of the time for last hour or so, but i was only trying small amounts.

can't argue with that!

for once a genuinely interesting post.

modeller's 8.13 post today refers to the early hours of this morning.strange time for someone to be looking if based in uk.my immediate thought was he is in the US.could be completely wrong and it really doesn't matter but just a bit interesting.

https://twitter.com/BigGibUK sounds like it went well!

personal view is length of performance key in determining charging structure.wth perhaps a few exceptions for some outstanding artists, i don't see people paying much for a 30 min performance. but an hour plus is more realistic. realise' im probably just stating the obvious. however, with potential numbers available and advertising etc I've little doubt that a charging structure attractive to all can be arrived at.

almost £225k shares in just over 10 mins.impressive!

have to be buys as s/p would have dived otherwise.no change on the NEX either.

id basically stopped looking on here today as nothing was happening.i go out for a bit and then 26 trades.havent seen that many for a while.

pleasure.it was actually very interesting reading it.

7th dec 2018,share duke.very prophetic.

also nice article in Kerrang as well now.no link as its usual write up, but nice photo.

modeller how did you know what i used to do before i retired?

rather more to the point than my offering bonker.good man!