The 1% Club24 Dec 2024 09:47
I believe we are now at a stage where reality has set in and nothing has happened and will not happen going forward. Previous CEO,s have come and gone and after getting to grips with the facts of this company they are then thinking they donβt want to be a part of it.
Rob Mosig seems quite happy to be the front man and constantly spin and lie and deceive shareholders, with the added ability to avoid questions. Charles Archer who Rob drafted in for PR waffle is happy to play along; he is getting paid after all.
You have our friend Max and his sidekick Moonmonkey constantly spinning their nonsense and attempting to keep our hopes up, Max has done an excellent job over the years, so he should be well rewarded by now, but this is AIM after all, very similar to the Wild West of years ago, where rules donβt really apply.
I really applaud Smiller for getting shareholders together, yes genuinely, but I cannot see what will be achieved, going forward it could achieve more questions than answers, also if a possible EGM is forced for the board to resign it will create major problems, as I have mentioned previously.
Normbeef you mentioned if you had your way you would remove the whole board, just remember what I previously said .
Be careful what you wish for19 Nov 2024 09:44
As I have mentioned previously, be careful what you wish for, I understand the frustration of each holder, but you are dealing with Aim companies and it's very high risk/reward scenario.
If push comes to shove and the vigilantes group decide to vote on the board members and sack them, who will manage this company, maybe same type of person or no one at all, then we have a new problem and new delays.
When a company's board is forced out and no one wants to take over, the company must appoint new directors to replace the outgoing ones. The remaining directors or the members of the company can appoint new directors. Shareholders may need to agree to the appointment and vote on it.
If the company doesn't have any directors, Companies House will eventually strike it off. This can make it difficult to manage the company's assets.
So let's hope it does not come to that, because then the time factor would go to a new level, that would not be a clever move and certainly not in the shareholders interest, so everyone in the group just think before you act.
Ok back to my original heading The 1% Club this is the chance we have of surviving 2025 in my opinion, future placings will be difficult to raise, based on past ones where production was just around the corner, but consistently came to nothing, markets will constantly lower this price until a RNS emerges with solid factual positive proof of the path we are taking.
So we keep dropping in value and the company is bought for peanuts or we go under, either way it does not bode well for the future, but there is that chance, very similar to winning the lottery that we achieve our goal of making it past the post. Merry Chri