Member Info for Toffers

And by pumping this share to the hilt, even when the red flags started to appear, you to have also cost a lot of shareholders a lot of their investment which has gone down the drain! You are truly shameful.

Mac, no one is interested. DS and crew have lost a lot of investors a lot of money. If we got together and added it all up it would be hundreds and hundreds of thousands. Perhaps that should be on DS's CV, right at the top!

Rightly or wrongly, but after JP suggested this morning that I contact the company, to see if Shaun can steady the ship may be with some further news as I'd like to see him come out with some Shaun positivity, if poss, may be by way of a short interview, I've contacted the company on their online contact form to ask. Fingers crossed he might be able to say something following leakgate! Sometimes CEO's etc, don't realise how fickle the AIM market place can be, and how it needs regular intervals of news to keep it bouyant, and hopefully keep the shorters at bay. See what tomorrow brings!

By the time the AGM comes along, there will be no money left, so they won't be able to fly in first class to attend :)

Many loyal supporters submitted questions last year and i don't think they even answered one! What hope is there this year? I see Mac is virtually absent these days, he cashed out long ago, and his contract ended! Same with Tillywhiz although they will turn up shortly and deny the same again and again. One of the gang will tip them off they've been mentioned and so they will then appear. Same old same old. Sadly, everyone was played and for those who weren't in the inner sanctum, roaylly shafted, yet again! Bread and dripping all round!

Oh I would love to, and have their replies recorded, but they won't face the music, they didn't last year, so why should they this year when the situation is even more dire and shareholders have just about had enough!

They hide from shareholders at the best of times, never mind the worst!

You won't get a physical face to face AGM, the Board have their safety and security to consider when there are so many angry shareholders lurking at the moment I suspect!!!!

Ive read the amended partics of claim, have you? There is bound to be some speculation as to what exactly occurred, but let's face it, two of your majority shareholders sue you is not a good look! To then withhold that from shareholders, is definitely not a good look as it was a material concern, and many of us, including myself, would have exited if at all possible at that point, in December 2021 and at a far higher sp. It's a total mess, and that about sums it up!

I think the words "urgent cash call" probably said enough!

They may well have it to cover the directors personally, but what about shareholders who will no doubt see their investment eroded even further, probably in to the ground, if the case is lost? bet your bottom dollar if the case is lost, it will not be covered, let's wait and see mr nuffin, but I doubt very much it will be covered. A lot will depend on the judgment given and whether he lays blame at the directors themselves, talking of which, the particulars were amended so that the directors could be named personally, probably for that very reason!

I've thought about that, but there's no money that's even remotely touchable, and no assets in England & Wales jurisdiction, and that isn't by accident for sure!

Mr nuffin, you claimed there were no damages pleaded by the claimants, so your ignorance knows no bounds!

B1ll with respect, read the amended particulars of claim and you will see what actually happened, and not what your guesswork tells you. I do agree that I don't think they will have insurance that will cover these proceedings, and if they do, then it will be limited to a certain amount, which probably won't cover anywhere near what might be ordered for them to pay out if they lose.

You really do need to read the amended partics of claim, because there had been ongoing correspondence for several years before the claimants finally issued proceedings. During that time, they obtained an offer of indemnity insurance and notified the company's registrars, but nothing happened. How do you force someone to deal with an insurance declaration, which the company had to sign as well as the claimants, if the company didn't sign, despite being asked to do so? It's nigh on impossible to get a court order to that effect within a short space of time, so what were the claimants supposed to do? Anyhow, enough, as I've said, read the documents for yourself and perhaps you will understand a bit better. As I say, the worst of it is, is that this litigation was kept from shareholders, until someone unearthed it nearly 18 months after court proceedings had commenced. And then the Logik case rolls up thereafter!

Look at fca website on professional indemnity insurance, lots of factors to be taken in to account, do you know how much the company is insured for, and if they definitely have cover for these proceedings? no you don't. The only way to ascertain what's going to happen is when the case is decided, as the company haven't said how they are funding any of it, nor what will happen if they lose the case.

Loose

So for those of you with millions of shares, if Link systems get wiped, and you then have to somehow prove how you purchased your shares so they can ascertain how many you had, and you need to provide indemnity insurance, are you saying the directors wouldn't acquiesce and you'd never be able to sell your shares again? Get real. Discretion is a lose term and again something which the court can judge upon as to whether or not it shouldhave been utilised, given the circumstances. End of. It's the same few handles fighting me over this, the same few that are so ignorant and for some reason so determined not to have anything said that is in the least derogatory about the situation that has arisen, which is a serious one, it's high court litigation, and it's no just one case, which is bad enough, but two! End of.

Rubbish me how you like mr nuffin, I'm not saying who will win and who will lose, what I'm pointing out is that of course both sides will say they have a good case, but what happens with eurasia if they lose? if they lose, that could be catastrophic for shareholders depending on the amount of damages awarded. In my view.

Indemnity insurers do not cover negligence! The court will determine whether there was any negligence on the part of the company at trial. Did the company say they have any form of insurance covering their legal costs in the rns? nope.

They sent the documents to the company for execution, but they weren't executed!