Member Info for zOctopuz

and da other wan-kors Hilton & Cross got to get Flybrid back for free, hopefully they pass away before they see it ever succeeds. Now lights is officially off...

Further to the announcement on 5 December 2017, it is with regret that the Company confirms that the Board of the Company has resolved that Daniel Smith and Clare Boardman of Deloitte LLP will be appointed as joint administrators of Torotrak plc as soon as practicable Now time to get all financial dirt out, and the administrators will make sure to get paid first from whatever cash is left, after solving the mystery about where the £2m cash has gone. The wan-kers running it should get executed in public.

Playing with fire, all out of hatred. They have no case in calling the loan notes as it is stated in the agreement date 30/6/15 "the entering into of a new loan agreement for a £1.8 million fixed term loan from the Flybrid Vendors to the Company which will be used by the Company to redeem the balance of the loan notes. The loan is repayable at the end of a 5 year term (or earlier at the Company's option) and secured against the assets of Flybrid under a new debenture and carries a fixed annual interest rate of seven per cent. payable in cash monthly in arrears (the existing loan notes do not attract any interest);" Clearly they don't like Torotrak selling Flybrid to anyone as it is in their sole interest to take it back for free given it is the only security for the loan. So they come out of the blow demanding loan repayment before the 5 year term whilst it is clear they can't do that. Then they force Flybrid into administration in an alternative to force the loan repayment of taking it back in their control. Douglas Cross seems to be kicked out of Flybrid in September 2017 (as per his linkedin) maybe to cut down costs, so this explains his anger so he decides to call Jonathan Hilton (non-exec chairman?) to try and force Torotrak hands and bring it into halt with no refinancing. Surely the incompetent directors taking this as excuse to not publish the financial position (not clear why) whilst threatening to put the company into administration too. It is beyond believe that the directors hasn't suspended the trading while all this going, clearly in favour for some party. 30/9 cash was £3.7m - loan notes £1.7 = leaves £2m cash which there is no way that this has disappeared just in less than 2 month!!!! mcap at 0.05p is ~= 250k vs £2m net cash, let alone other assets, land, factory, equipments etc... https://www.investegate.co.uk/torotrak-plc/rns/proposed-placing--open-offer--subscription--etc/201506300700305842R/

Aviva gone, last 17m today. Polar long gone back in July. Henderson long long gone early in the year. Now its mm play party...

can't find any cheaper for any company looking for listing, a reverse takeover, pay out the loan holders, with surplus cash, technology IP, yady yady yady

loan holders want to take it over first, with a surplus �2m cash forcing it into admin (if they can) to scare any refinancing negotiations or force assets fire sale. cheap as chips...

how many times many get fcuked over here because of the shitesters like u? u can't get enough of beacons, fcuk yeah

maybe a change of broker would help as Peel Hunt has no appetite anymore, they couldn't dump all the shares from last placing yet, Leek or no Leek, they got plenty...

but before that of course there will be consolidation of shares as with current shares in issue it ranks in top shitest aim shit...

last one paid the debt, under the so called "debt free future now they either borrow more for running costs or place more for working capital, clearly they not making any revenues that worth speaking off...

last placing paid the debt to be debt free, ok, now how much left to carry on? how much longer before the inevitable next thing? JK is a big con, better stay clear till he gets booted of...

Meant for JL, he seemed so sentimental for a non holder jumped boat last minute

So you jumped boat after all? It is just about to get more exciting

Trust holding this longer whilst delisted with the, Capital affordable to lose if worst happens but got to be, Patient enough to stick longer with, Woodford

Who is Barrow you keep banging about?

would love to leave an impression here by close of play.

He controls Wales decision so yes the £5m is because of him, don't be so naiive about "bothered" wasn't intended to wind u up

This is not kind of statuary statement they had to add to the circular, if you bother to look at the pdf you would notice that it was clearly highlighted in BOLD so take it as heads up. If Woodford putting £5m at 2.82p then why not offer same for minority holders and get them off the hook then maybe merge it with one of his other Bio plays cutting the useless board out and getting something out of it....

hTTp://www.spheremedical.com/sites/default/files/Circular%20220817%20FINAL.PDF "In the event the Whitewash Resolution is approved, the Concert Party will not be restricted from making a general offer for the Company."

Or putting in more cash = buy in now then = less dilution as u more for your buck than the 2.82p pref shares II's dumped and went out as no appetite for 2.82p pref shares leaving Woodford and Wales funds taking all the risk with 80-90% holding after the £5m-£8m raise in return they take it private for ultimate control. PI's left with no choice, buy/add now and vote yes for resolutions to got a chance of seeing any return, or sell and walk away and turn the page. Holding from pre rns day's is just worse as u keep holding on a hope whilst diluted to the max. mm's not taking these shares for fun, either accumulating on behalf of woodford or someone else 100% sure, it is pretty easy for them now to drag it lower to force remaining PI's out and accumelate as much pre agm, II's gone and they don't bother with rns's now they out (except octopus rns)