BrahimHemdani 1 Posted May 8, 2014 Share Posted May 8, 2014 Seems clear to me the board plan to hand out 41 million shares to existing shareholders at a good price tightening their grip on the club then when that cash runs out go to others like king and ask them to invest whatever number leaves GreenCo in charge to limp on further. That's what a rights issue is, of course as you know and that is the authorisation properly granted at the AGM; which is why I said it would be 2 for 3 not 2 for 1 as you previously suggested. If investors take up all their rights they wil still own the same proportion. 0 Quote Link to post Share on other sites More sharing options...
andy steel 0 Posted May 8, 2014 Share Posted May 8, 2014 Hopefully as the summer months go by more and more people will ccome to realise what is actually happening here before it is too late. Therein lies the rub: you think things can be saved, others think it's already too late. Never the twain shall meet and no amount of aspersions on the intelligence of the opposing side, from either side, is going to make any difference. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,050 Posted May 8, 2014 Share Posted May 8, 2014 Hopefully as the summer months go by more and more people will ccome to realise what is actually happening here before it is too late. Oh but they are, they are! 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted May 8, 2014 Share Posted May 8, 2014 So how about £10m or £20m then? Still crazy from a financial standpoint 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted May 8, 2014 Share Posted May 8, 2014 Hopefully as the summer months go by more and more people will ccome to realise what is actually happening here before it is too late. The are already. 0 Quote Link to post Share on other sites More sharing options...
chilledbear 16 Posted May 8, 2014 Author Share Posted May 8, 2014 Hopefully as the summer months go by more and more people will ccome to realise what is actually happening here before it is too late. BH, the Board also have a duty of care, the Club if it depends on ST sales, need some sort of effort from those in charge. They are doing little to nothing to maximise sales. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted May 8, 2014 Share Posted May 8, 2014 BH, the Board also have a duty of care, the Club if it depends on ST sales, need some sort of effort from those in charge. They are doing little to nothing to maximise sales. I do agree with that. As I said they need to mount a major marketing campaign. Much as I think their most recent statement was easily the best, they need to hire a marketing guru much more than a spin doctor. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted May 8, 2014 Share Posted May 8, 2014 Still crazy from a financial standpoint Not at all; if his wealth is so vast he must have funds on deposit somewhere. Even some of Mr Kings's most ardent supporters recognise that he needs to do something to show his personal commitment. Do you not agree? If so what should he do? 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted May 8, 2014 Share Posted May 8, 2014 Not at all; if his wealth is so vast he must have funds on deposit somewhere. Even some of Mr Kings's most ardent supporters recognise that he needs to do something to show his personal commitment. Do you not agree? If so what should he do? Come on BrahimHemdani you honestly want him to tie up 20 million in escrow waiting on this board. It would be nice but he would need to be crazy. Plus for all we know he's going to borrow it. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted May 8, 2014 Share Posted May 8, 2014 Come on BrahimHemdani you honestly want him to tie up 20 million in escrow waiting on this board. It would be nice but he would need to be crazy. Plus for all we know he's going to borrow it. You didn't answer my questions. 0 Quote Link to post Share on other sites More sharing options...
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