Well, you can believe me or not - or you can call AB yourself and ask him directly. He did not say when the 10:1 would happen, though I rather suspect he would use the opportunity of the agm to get all the bad news on the table. You'll find ABs cell phone number on the bottom of each RNS..Call, ask, check - facts not ignorance please
Finally. To my knowledge no-one's identity has been compromised. Letters were sent to shareholders off the register obtained legally and the use of the register is a proper purpose. The only person in the shareholder alliance with detailed information on individual holdings is the person who acquired the register. And to be clear and to ensure compliance with the DPA -that I believe is how it should be. All founder members have volunteered proof of their holdings to each other but they deserve the same anonymity beyond this proof of bona fides as anyone else
LJC - I have been publicly & privately critical of AB - largely due to ambiguity & missing deadlines. But i remain ambivalent. I have had private communication with AB and, for now, i will suspend judgement and take him at his word. And two parts of the word are: 1 Expect a 10:1 proposed dilution 2: Expect wainwright & Furman to still be directors up to the AGM
Thing is, I don't understand Ritter's problem - or anyone else's problems. We have all trusted management before, and look how that turned out. So now the suggestion is we doff our caps and let the masters do whatever they think best and we just suck it up again. Fankly, I don't know what can be achieved, but I'd rather try than criticise those who are trying. So Ritter, whoever you are - "get back in your own box pal"..if you have nothing constructive to add, then you have nothing constructive to add. Plain and simple.
You may well be right.
For sure a 10:1 dilution is coming
We now await a sense from Ab as to what assets and value really exist
Oh dear, what a bunch. So maybe i left off a little steam in frustration..but i have 1 or 2 shares here...and I know my own financial exposure. But let me be clear, i have no access to and no interest in the share register. I have an intense interest in the future developments in bmr and have been in active communication with AB.
The substance of those discussions has been openly shared with founder members of the bmr shareholder alliance but not beyond..and i am sure all the whiners have similarly spoken.
at the same time, i have had preliminary discussions with lawyers on my own to discuss options for pursuing various parties for damages...again, those discussions have been shared with shareholder alliance founders
Now..i do not criticise and pI...we are all in the same hole, the question is the matter of degree and the extent to which any of us wish to be proactive in understanding ABs strategy and plans as well as bringing fraudsters to book
Schadenfreude...Thank you for your concern,I`m fine the last 6 months have taught me much
I see that the cheerleaders are blowing a gasket because one of them got a letter from the Watch group...details accessed from the shareholders list. Pity they couldn't send details to some of the "I've never sold any of my shares" posters, who had claimed to hold about 5m...hmmmmm
So typical of these people to attack anyone who goes off message (not to mention calling the police on occasions lol)...surely the majority are wise to their antics? I'd love to know what the Watch group are uncovering, could be squeaky bum times for one or two posters...I wonder how far this co-ordination went...let's wait for the details.
The LSE Ramping Team...outraged by everything, ashamed of nothing!
Anyone seen Razor recently? Last time I heard from him he was bristling with confidence, so I hope he's okay.
Deary me...now who was it on this board who kept challenging the lack of 'proof of concept'?
Such a shame that so many were taken in by free lunches and friendly words from Masoud and such a shame that some of the cheerleaders attacked anyone who identified the flaws in the BMR business plan. Still no apology.
If this RNS is suppose to encourage PIs into accepting the imminent dilution and price crash, then it will fail...even if the usual suspects (some of them who have "never sold a share", with a claim of about 5m holding, but don't appear on the shareholder register!?!?!) on LSE say otherwise.
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