Member Info for YingTong

QT. It is public and will almost certainly remain so.

I think you meant listed or unlisted.

At the moment NuOG is an unlisted public company. They are now t as a result of this subject to any disclosure rules beyond th companies act requirements (which basically is AGM).

Guardian is a private company. The same applies.

They can disclose pretty much anything they want. Or nothing.

The listing process will add further obligations. But what they are depends on whereabouts in the process they are.

At the moment NuOG is an unlisted public company. They are now t as a result of this subject to any disclosure rules beyond th companies act requirements (which basically is AGM).

Guardian is a private company. The same applies.

They can disclaimer se pretty much anything they want.

On a point of order ai have never claimed turnover is 50k. Profits are.

I am not sure what the registration threshold is these days, around 95l I think.

Obviously VAT is only chargeable on taxable supplies.

My point was simlly that wuoted or otherwise that makes no difference to vat. I think between you you were slightly at cross purposes that's all.

But il does all seem positive.

I am no t sure at what point Stevens will hav to clam up. But until then he seems approachable.

LSE require on main market listing financial submissions showing cashflow for 24 months, to show the working capital requirements.

This has to available as physical cash in effect at the time of admission

I suspect it is this Stevens is alluding to.

The frustration being that you have to raise it all at the admission price rather than being able to raise it in tranches. The side effect of this is a bit more dilution.

I don't see why thet need to be quoted to offer 90 days. I suspect it is just cashflow. That makes it wond a bit like they are struggling to access adequate funds currently. Though he has implied that by saying they can't afford a marketing drive.

I don't understand his vat comment. Whether you are quoted, unquoted PLC private plc or even an LLP makes no differenc to VAT.

But it dounds fairly positive.

Assumin they pull it off then yes Taxi, how they finance it is key to what is preserved for existing holders and their growth prospects going forwards.

Yes, risk elevated as de.onstrated by MV Asphalt Princess. That looks like a rabsom was likely paid.

With luck the huardian phone lines are busy.

Drone attacks have been occurjng for a good few years. Who knows how sophisticated the particular one was. Guess it depnds on who the actors were.

Whilst Digweed would give it a good chance (it is bigger than a clay but likely twice the speed snd a rather different trajectory) I imagine the resulting explosion in such close proximity to the vessel would be nearly as bad as a direct hit.

This terrorist attack has raised the stakes in maritime protection.

It looks unlikely the barrier could have helped.

Reports suggest it was an explosive drone attack. There is no mention of boarding.

One can tell even less given there is now little requirement to notify shareholders of anything.

I would imagine they would be publishing something if they had reached any milestones though.

"Was stevens presented to encourage an individual to infer he is ? Emphatically in my view.."

Missed the word "not". Oops.

To be clearer. There are many who are "Lord". It is a wide title.

I am a lord therefor I am a peer of the realm is a false alternative.

Taxi, irrespective of how well acquainted you may or may not be with the aristricacy at various levels the question become a simple two.

Was the gentlemen being represented as a peer of the realm. NO.

Was stevens presented to encourage an individual to infer he is ? Emphatically in my view..

SBP,

Yep. Always worth looking at the 2 yearly filings for a private company.

Also worth looking at any known or discovered privatw funding. And the dates.

To be clear I am uncertain the list at CH includes those who subscribed

But, to be fair so what ? Elements of the subdeals are that the equity holders arw bought out *pro rata".

Stevwns himself has a set of payments. They are unlikely to be shared.

It was about 18 months ago Mompresson changeds its bsne. It doesn't seem to have ever done any business and seems unclear how it will get funded with no public shareholders to rinse.

Interesting (in the curious meaning) that the origjnal what eventually became nuog enterprise (pdi in Canada) described itself as C2W

How can you be sure ? (I imagine it has, but how can one actually be certain)

That's a good question. The problem is the book cost will be the value today. I guess 0.03 would be accepted by HMRC. You'd have to ask. They have a forum.

I would like to be wrong on this, but unless there is a concession the actual price you paid when buying in your isa is unfortunately utterly irrelevant for cgt.

kmack, strictly they are not worthless. What they would be with no listing is simply very illiquid and difficult to transact. Obviously price discovery would be difficult.

From experience I can tell you HMRC are unlijelyvtk accept a negligible value claim.

If I had any in an ISA which gave now been booted out I epuld make my book cost for CGT purposes thw the suspension price.

It's a so and so. For CGT ckming out of yhe ISA you have no chargeable loss.

Ideas not certainties:

1) They are no new shares. It is simply a renaming of the company.
2) On delist they will be moved out of the ISA wrapper (they should appear in a normal broking account.
3) Whether you do decide to put them back in an ISA (or would be a new subscription current year).
4) If your broker will not act as nominee for an unlisted company (quite possible) then you will likely end up with a paper certificate.
5) There may be an HMRC concession related to delist and relist on a different authorised market (by no means certain but there could be some interesting taxation consequences of not)
6) You need to ask your broker for any certainty.