union

Yes, an unprecedented action in the history of TOP but one to which their statutes make available to them, I doubt King will come out of this well.

Prelim at CoS was on Tues before main event. Tuesday 6th June LADY WOLFFE STARRED MOTION 1hr P341/17 Pet: The Panel on Takeovers and Mergers for orders sec955 Maclay Murray & Spens LLP - Lindsays

There is now no bar to the board putting into motion the mechanics for a share/rights issue and facilitating the procedures required to execute the issue,directors/loanees can also convert to equity with no hinderance,looks good now.

They got their money.

No not anymore.

No there has to be grounds for an appeal,there are none.

Oldco cannot.

I wonder if CW will bring a private prosecution.

The most telling thing is that the defence presented no evidence, DF let the prosecution win the case for him. Will he ever have easier days in court again.

Happens in business every day of the week, intent and comfort.

craig whyte cleared of all charges.

His exact words were "we have not £1 of debt on the balance sheet".

He didn't say 3rd party, but he did say that if celtic win 10 in a row 4 of them won't count,yes he really did say that.

I believe they do fall under internal debt and pure debt. http://www.icaew.com/-/media/corporate/files/technical/financial-reporting/factsheets/uk-gaap/new-uk-gaap/loans-from-directors-under-the-new-uk-gaap-faqs.ashx

DF was also less than complimentary as to the ability of PM,as were SDM and other prosecution witnesses.

The accounts say we have debt repayable on 17/12/2017,rather confusing.

Read elswhere that King said we have no debt at all, did he or was he misquoted.

Something is rotten in the state of Denmark.

how do you work that one out ?

can't make up my mind whither PC contradicted King on transfer funds/investment or not ?

Soft loans ? there will be no equity left at this rate, plenty of dilution though.

Loans maybe ?

As title. https://rangers.co.uk/news/headlines/chairman-praises-fans-renewals-soar/

I will wait until after CoS appearance by King and any possible rights/share issue before deciding on anything, I remember only too well the dilution and debenture fiasco of the past.

Tonight was biblical Exodus.