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Pumpky: Never looked at it that way, but You are correct regarding LTH. Didn`t seem that long ago I first bought in to day trade this one. Got caught out with suspension in mid-afternoon I recall and couldn`t sell shares bought earlier. Was going so well until then.
BOO would not have proposed a full management change unless they had the backing of others. It may well have been to get REVB re-listed and it has indeed worked to make BH take note that ALL are sick of this prolonged suspension. BOO have made a very shrewed move in obtaining such a large holding at the expense of LTH.
I can see a private equity raise being done here. Something has to be done to stop BOO & Co taking this over for peanuts.
AGM put back whilst BH works on a solution. God knows what the next RNS will propose. I`m sure its on the cusp, however long a cusp is ?
Congratulations to BH & team for geting this Co back to profitability in such a short time. The battle between BOO (Minto) & BH is a personal one and other holders are there to be wiped out. Why would You want BOO on board as they have prooved what poor management is about. As stated before, oppertunist and not worthy of having any say in REVB.
Pretty sure BH has this covered to dilute BOO`s holding if neccessary. THG would be a nice choice but would be disguised through another source. Dilution pain for us all is better than having BOO directors trash the Company.
And thats why BOO want these pair of losers in, so that they ruin the Company and take it over for even less than they have already paid for their shares.
BOO management are opportunist and they have already ruined their own Company. BH is way above these clowns.
Cant see BOO management change going through now that REVB have answered with possible actions against Minto. Its plain to see Minto has a grudge against BH for devaluing Medichem and being forced to resign. He alledgedly appears to have used BOO for revenge conditional in that He would be backing BOO with his voting power.
BOO obviously want this Company cheap, hence putting in their ex Management.
This is all sounding very corrupt and hope that REVB have a very good legal team to throw this out very quickly.
Obviously BH is the hurdle BOO want out so that they can get REVB as cheap as possible. Need Bob & Co to stay in their positions as long as possible. The joker in the pack are the 2 ex-founders who can do what they want with their shares. Alarm bells are starting to ring when they are both involved.
"finalisation of internal policy documentation". Thats the main one in my opinion as they have to prove to AIM that they are fully back in control of the Company and previous issues like dodgy loans and false profits cannot happen again. Capital working requirements can be sorted out later.
Poor Bob. Hero Yesterday & Villain Today. This co could have easily gone under and suspect it would have done if not for long suspension, or would have been bought out for pennies by BOO. This hasn`t happened and it is down to BH & crew.
Agree it is now pure frustration at being suspended for Months with no up-dates coming in, but Bob has already done the hard work and deserves more credit. Speculation on what is going to happen is not known, but I have faith in Bob, albiet I bought in very low and the outcome probably wont be welcomed by others.
Who`s safe hands ? Just havn`t a clue what is going on in the boardroom, but it will not be for any potential bidder to buy out the Co on the cheap. Not long to go now and We will all find out what`s going to happen. "This time next Year Rodney"
Regarding the relisting. We have to consider that the ex-founder members have a rather large share holding between them. What are they going to do with their shares ? A private deal would stink of corruption.
I believe that this is a big reason the re-listing is being delayed.