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Recieved a comic through the post this morning from Tariq. Full of accusations that he does not substantiate and blaming the company for things beyond their control..
He accuses them of a phone call including Liam and RG. The only evidence he quotes is the chairmanship statement that there was a call between BT and other parties. I would think that is normal. Chairman CEO Directors lawyers and advisers would be normal. Investors would be illegal. If proof of illegality go to the authorities. I would support that.
He accuses board of allowing trading below net cash. Not surprising as this fiasco is destabilising the company and investor confidence.
57 % share price drop during BTs leadership. If he had sold at 70p would have made a huge profit. I'm not blaming them for misreading the signs. Obviously he is even though he was aware of the lower litigation outcome .
The board held inappropriate calls to Loam and RG on 5th Jan. If he has proof report it as they should not be allowed to get away with it.
Related party financing with loam and RG cost the company an extra 5 m pounds. I haven't done the math but that may be better than diluting o. They may not have been in a position to get a better deal elsewhere. It does seem excessive but if I remember correctly the share price rose after the news. So market didn't think it was a bad thing.
Obviously there's the poor management of Samsung Litigation because they didn't get what company were putting out. If I sell a car or house I tell people it is worth more and accept less. Called negotiating and to be expected. I didn't expect it to be so low. I am sure there are reasons probably protected by NDAs.
Executive pay rewarding failure. I agree with him and would vote against anymore pay rises or bonuses until we are profit making with organic business.
As I said mainly a comic.
My concerns are communication and board salaries. I believe in the business and will not vote for a replacement of the board with his puppets.
I continue to see a field of green boxes from those on the board that joined this year. I think it is obvious that they are aligned to TH if not employed by him or are him. I assume they are fighting hard for your vote. They have not got mine. I need to find out how I can vote as a shareholder from the Halifax platform. Any ideas folks. Every vote against will help protect my investment.
The current board have a long way to go to regain my trust. As nearly everyone is saying communication is key.
The meeting and resolutions are very badly timed. Companies about to sign agreements will stall as they need to know the outcome. The more uncertainty over the future of the company the less likelihood of contracts. All Tariq is managing to do is extend that uncertainty. My other worry is how many board members need to go before the CTO Leaves? If he leaves will others follow? How much of the company's tech know how is patented and how much is trade secrets which will go with them? Very dangerous times for the company. All thanks to TH
It is a bit sickening the amount of green boxes I am now having to view. Tariq's Troll Army is on the prowl. Filtered Nanostory kooba and two good 2 die. It is obvious the Army are trying to drum up votes for the EGM. All the above accounts were opened since the peak.
I have already stated my position. I am not happy with a lot the board has done but will not suport someone for a short term profit to someone who has no business plan. Doesn't understand the business and wants to asset strip for short term gain. Unfortunately I will not be answering anything said by the above members as I will not be able to see their posts. Let's get this EGM done. Votes cast. Move on. This used to be an excellent board before it was hijacked. Hopefully it will be again.
I am not a complete fan of this board but fear the Tariq takeover. It looks like a takeover without buying the company and then selling off what is needed to grow the company which will leave a shell or less than that.
I do think the board should be held to task. As we are now at our turning point I believe all salary rises, bonuses and share options should cease until the company is making a profit with it's organic business. This is something I would vote for. Not asset stripping the company and making growth virtually impossible.
I have been a holder since 2017. I have seen the ups and down in emotions and sp since then, including so down to single figures. I was a fan of BT but now need him to prove himself and bring on the promised transformation of the company. Communication is diabolical. I understand something's are covered by NDAs and we will never know the true reason for the disappointing settlement.
I also believe getting rid of the board including CTO at the moment would be disastrous. All that would be left is a shell to strip and sell off. If Tariq had left it for 6 months my thoughts on this may have been different. At the moment I believe he is doing the company great harm with his campaign and if he wins Nanoco will eventually die.
Nanostory. Why is it as a relatively recent investor you are saying the company has been getting it wrong and has been poorly managed for years?Even giving examples and quotes. Surely you did you due diligence prior to investing. Not much has changed except the amount of the Samsung payout was less than a lot of people had hoped for and dates have been pushed back through circumstances beyond the control of the company. Are you a real investor or a Tariq mole. I notice that all your posts are nanoco. I assume that's all you are invested in. Very unusual.
How can you take this crap seriously. If you suddenly appear on hear to stir up trouble you. Flood the board with rubbish you must be a Troll or trying to push the price down further. Not worth engaging with. Haven't used the filter for a while but time to green box a few now.
I would prefer it if a portion of future pay rises were made in shares. At the moment they are on huge salaries, paid to do a job, and say they need incentives on top of that. Really?.
My first ever filter. What an arrogant prat you are GW. You infer that you are superior to other posters. We don't even know if you cv is honest. Most of what you write is just tunnel visioned drivel and abuse when others disagree with you. Filtered.
Ginodog. That made me laugh. I imagined SST was a sad kid in his bedroom having just done his homework. I was obviously wrong as that would have made him about 4 when he started 10 years ago. LOL. Now I'm not sure. Obviously a bit strange as he isn't invested. I still feel sorry for him.
More false statements from sat. The sp was 42.6 when 1st RNS was announced now 36.2. Nowhere near 50%. Please check your facts. The drop was due to 2nd RNS and investors panicking over a badly worded RNS to calm the markets. Please try harder.
There you go again. Twisting words. I said long term holders. Some didn't give defined views on settlement. Some said GW could be tight. As usual on both boards the posts are twisted. Can I ask a serious question please. In the past you have said you are not a holder and you expect the company to fail. What do you actually get from all the garbage you put up on these boards?