Member Info for win4call

So now we have a nearer deadline than the filing of accounts one - one month from yesterday to find a new Nomad or AIM cancellation it is.

Some will think it’ll be tricky to convince a new Nomad to take this on, others will believe that Fooler has no plans to find one and will just use it as an excuse, probably saying they just ran out of time.

Then there will be those convinced that it’s either a formality or that Fooler will pull it out of the bag and will stick with that narrative all the way.

Whatever happens end of April promises to be an interesting time and shareholders are locked in for the latest Fooler ride.

After losing his Chairman, a NED and the companies Nomad, Fooler still issues a trading update trying to promise jam is still on the menu.

This will be gone from Aim by end of May.

I have no idea how he’d be able to do it but I think he’ll want to roll this in to Ingenuity again, somehow making a paper offer rather than cash. The corrupt board will try to claim that any offer values the company at an inflated price and shareholders are getting a good deal but it’ll be swapping one lot of Mouldy shares for another lot of private shares. Anyone who doesn’t want to will be left to sell on the open market where the price will have cratered.

Like I say, I don’t know how feasible this all would be but I don’t trust Mouldy not to find some way to shaft shareholders in his quest to take full control back.

All potential interest will know that Mouldy won’t sell and is taking private. They won’t waste time even asking.

Reality is that Mouldy would be looking to get this for as cheap as possible so talk of 60p , 70p etc is not where I think he’d want to be. I don’t know how he’d be able to do it but I’m sure he wouldn’t want to be paying much more than it is now.

This will only pay a dividend once Mouldy has taken it private.

Yrabs - the RNS was in 2025 so technically we are in the New Year, but that would be true in December. ‘Early in the New Year’ is classic Fooler word spin - most would assume Jan or Feb but early in the New Year could mean anything really. All somewhat irrelevant I guess since this will be delisted from AIM if they don’t release results and come out of suspension in the 6 month window. Tick tock Fooler

Fooler used the phrase ‘timing constraints’ to be deliberately vague whilst maybe implying that they hadn’t been finalised with the auditors. Clearly releasing the results is dependent on other matters which are still to be sorted.

I think the next RNS is going to be a pivotal one and hard to see it being positive. If it is the end (for shareholders) Fooler will take it to the very last day before fessing up.

Don’t know if this was raised at all yesterday but where did Mouldys shares come from?

The transaction was shown as off market. So was someone (a broker) tasked with the brief to acquire £10m of shares at no more than 35p after the last announcement, and bought them in dribs and drabs. Or has Mouldy negotiated with one seller to allow them to get out - maybe Kelso ? How many do they hold these days.

All part of the plan to get this off the markets and back in to his grubby hands as cheaply as possible.

Notwithstanding the fact this had already been leaked, I’ve no doubt if this was APN news then they’d see a healthy SP rise. Everything Mouldy does is seen as a negative.

It wouldn't surprise me if Mouldy found some way to make the VAT refund payable to Ingenuity or looked to funnel it in that direction.

I suppose in Foolers world 'early in the New Year' can mean anything up to the end of June. But this will be struck off AIM if the suspension lasts for 6 months so the clock is ticking.

IMHO , this isn't coming back. Something will be announced that in Fooler's mind will justify a move away but reality is it's screwed.

A penny a day keeps investors away.

Personally, I don’t believe this is just a case of the completion of the accounts being delayed or slow. I believe there are other matters that need to be finalised that will allow for sign off completion of the accounts and release. I’ve been stuck in companies who have been suspended for not delivering accounts on time (REVB and Wood Group to name 2) and there are always other factors at play.

Whatever the other factors are I wouldn’t be confident that it will be positive shareholders- though Fooler will likely try and spin it as such.

All will become clearer eventually (maybe not ‘soon’).

I noticed that Mouldy ticked up some of the comments on his LinkedIn post accompanying the trading statement that suggested it was time to take the company private again.

One of the issues referenced in one of this weeks articles is investors suspicion around Mouldy intentions to move off the UK markets so this sort of response is only going to draw further shareholder ire.

Prox - I have to agree. This has all the hallmarks of a short attack with THG having little instituional support to prevent it. The fact that the results were positive and the initial reaction was for the SP to rise for the first hour meant that PI's were buying in. Traders saw the chance after Mouldys uninspiring performance on the investor call to take this down quickly with little resistance and the price now sits nearly 20% down from the high of yesterday. They can close out over the next few days leaving PI's edgey and jittery, lacking any confidence in the SP for the next few weeks.

Traders all over this again today, not because the results were a problem but because of another dire performance by the owner in front of analysts. There’s the problem.

Once again the city looks at Mouldys numbers and says ‘we don’t believe you and we don’t trust you’.

Clearly Mouldy thought he’d be getting lots of congratulatory pats on the back going in to the analysts call. Instead they’ve delivered another kick in the balls.

From a legacy holding of TILS I have a small number of Accustem shares in my trading account with II. I don't think I can sell these with them so assume I'd need to transfer before being able to sell and then receive funds. As the holding is only worth a couple of hundred pounds I'm wary of fees eating in to any proceeds.

Has anybody else had this problem and could recommend best / cheapest solution ?