Member Info for Truthfactory

More likely it will delist

If all else fails, Telegram will sort.A well trodden path to nowhere sunshine

It’s 5 years last month since they said they were advancing talks with buyers through a plethora of advisors.

A joke of an RNS-complete disregard for the fact the company is marooned

Terrible

I think there could be recourse to the auditors who have happily carried the WIP at £50m plus on something the company didn’t actually own.A point I have made over and over throughout the last 15 years.

As for CE, the architect of this car crash,the FCA should be looking at how much money he has trousered in this adventure-a lot of it will be in WIP

A joke of a ‘company’!

What a load of tosh-it’s worth nothing and we all know why

Toilet paper-it’s worth nothing

It sums up appalling management-the rest is fluff.

I doubt many tears will be shed over this news

You’re likely right on the losses-only useable in same trade I guess

They have very little if any currency other than a listing-and maybe millions of tax losses which might have a use.Thats it.Be careful

Be careful guys-this is not without significant risk

A true visionary

Interesting RNS-heavy caveats but seems well received

Unfortunately some people really don’t have a choice.The wonga type loan sector was on self destruct 5 years ago and ambulance chasing lawyers will prey on anyone who thinks they can buck the trend.

I think a new sector would be much more attractive but what currency does the company have other than a listing -and I said earlier than an RTO carries huge professional costs.

RTO deal costs at least £1m-and there are a few shells about.Easier and cheaper to start from scratch in my view-changed days from 10 years ago

To the end the company still believes it was doing poor families a favour-understand why this company is on it’s knees.It was literally robbing people.

Going forward, the days of shells being worth much are over.Cost of doing an RTO are crazy-so unless there is a decent chunk of money from the subs, this is a very risky punt

Thank you

That’s shut you up smarty pants