Asia Distrib. Share Discussion Threads

[bw123] 02/9/2010 09:50

Thanks for the info johnspain....I take it that once they have relisted our share certificates can then be held in a CREST account and saleable over here.

I had written these off and so I'm happy to hang on to them for a while yet.

[johnspain] 02/9/2010 09:28

guys,
paulie, that is correct for now.
I have talked directly to the company.
the shares will relist before year end and will be tradable.
the company is making significant progress. this includes a fundraising and aquisition. the fundraising is by way of (effectively) a convertible bond that values each of our existing shares way above the price any of us paid for adsl! business development is ongoing and looks really good.
however, when they relist a few will bail immediately after such a long wait.
personally I may well buy more if the price does not reflect the value.

[mister md] 01/9/2010 19:07

johnspain - will there be some kind of relisting by end of year then ?

[paulie1] 01/9/2010 14:03

john- on first direct they are shown zero pence and yarraman winery is that still correct?

[johnspain] 01/9/2010 14:01

guys, hold on to those certs, think you'll find it worth while by the end of the year.
p.s. I will not be selling the day they start trading again.

[paulie1] 01/9/2010 13:58

i will check with first direct as i have recieved nothing

[mister md] 31/8/2010 17:17

Also received a certificate - question is, will it ever be worth anything ?

[bw123] 27/8/2010 15:37

Same here, 11400 shares in certificate form....nothing else to do but wait!?

[guman] 27/8/2010 15:23

received paper certificate from TDW,it can not be traded,very useful.

[love it] 23/8/2010 13:05

Only have gamble money in it but agree. The point being though even with relist could we sell?

[johnspain] 23/8/2010 12:28

love it, think this will relist at a very surprising price.

[love it] 23/8/2010 12:26

js


Cheers held this long no difference a little longer

[johnspain] 23/8/2010 12:07

guys, I have made contact and it IS looking VERY good.
can't say more right now, but second half of the year will see considerable visible progress and re listing.

[johnspain] 20/8/2010 08:58

they have completely stopped answering my mails. might try phoning later if I get a chance.

[paulie1] 10/8/2010 20:24

i bought on the basis of what they said and the fact they recommended it.

[jamie62] 10/8/2010 09:51

my thoughts exactly!

[paulie1] 05/8/2010 16:33

mmmmmm why the fuk did i buy these

[jamie62] 05/8/2010 12:04

this is woeful!

[johnspain] 04/8/2010 08:11

well, another month and no progress....

[paulie1] 23/7/2010 14:40

thanks for that i was starting to wonder

[jamie62] 23/7/2010 08:15

from HB today

"I have spoken to Yarraman's counsel about how we can get the restrictions lifted from these shares.

They have said they need to speak more with the directors of Yarraman"

[mister md] 09/7/2010 09:40

thanks for the update johnspain, seems like we may be getting a return on our investment after all, though may still be tricky to sell stock on OTCBB ?

"Over-the-counter (OTC) refers to securities not traded on a formal exchange; they must be traded "over the counter" or through a dealer network. In a broader sense, OTC has come to mean low-priced, or penny, stocks or stocks of small companies. Either way, selling OTC stocks can be a challenge without a centralized exchange market."

[johnspain] 09/7/2010 08:04

guys,
update from Ian Long.
gut feeling, we will get there, but don't hold your breath it could take a while (longer)!

Apologies for the slow response I have been out of the office on leave for a week.

In response to your various questions,
• We still have one 10Q filing that has not yet been filed, we are working on completing this now. There have been a number of delays that have extended our original timeframe significantly
• ALL official updates to shareholders are via the SEC filings, I realise this is a very different system to that which shareholders in UK companies are used to, but it is the system we must work with.
• ALL of the currently available information for shareholders is contained in the SEC filings.
• Once the final filing is made it will take approx 4 weeks for elevation from Pink Sheets to the OTCBB
• I note you make several references to ADSL shareholders, we are all shareholders in Global Beverages Inc, so I am not sure what the significance of your point is?
• We terminated the PR company several months ago & will re-engage one once we relist
• Whilst we have applied to increase the number of authorised shares, we have not actually issued them, they will be available for us to make future acquisitions if needed.

[johnspain] 09/7/2010 07:48

guys,
received a reply. will report contents when I have a few minutes, later.
vaguely positive.