Cindrigo Share Discussion Threads

[tidy 2] 24/8/2016 19:47

Prob get an almighty spike in this news

[tidy 2] 24/8/2016 19:46

Case thrown out case closed.

[cyberbub] 24/8/2016 18:28

Can they appeal to a higher court?

[tidy 2] 24/8/2016 18:25

Findlay you bellend it's all about the court case here. Big news they won.

[apfindley] 24/8/2016 18:10

Looks like the regular pumping crew have done a last half-hour raid on the shares available here....with the intention of emptying the orderbook. They will then pump it overnight and into tomorrow, hoping to push the price higher as they hope to offload their newly bought shares into the rise they create.They will have then exited, and mug punters will be left with stock they can't sell, and face losing money on a pumped spike..

[aimsharesone] 24/8/2016 17:21

And here is the full document SCREENSHOT



tradermick ‏@Aim_trade 3s3 seconds ago
CHAL FULL DOCUMENT APPEAL DENIED
hxxp://law.justia.com/cases/federal/district-courts/new-york/nysdce/1:2015cv07213/447364/70/ …

[aimsharesone] 24/8/2016 17:09

tradermick ‏@Aim_trade 6s7 seconds ago
Madison Capital Markets Appeal Denied

[cyberbub] 24/8/2016 17:07

What was the basis of the court case?What's the investment case at CHAL? From my very quick look, the MC is only £4M, albeit there will probably be a doubling in shares in issue when the convertible loans get converted, so perhaps £8M MC fully diluted? And they seem to be substantially loss making from their last results?Thx

[kidknocked] 24/8/2016 17:03

Looking mega strong for the open tomorrow. Nice one dice.

[aimsharesone] 24/8/2016 16:41

Challenger Acquisitions (LON: #CHAL) Case Dismissed -

[dice1950] 24/8/2016 16:24

more like 100p+ with court cost being awarded this is massive but dont expect them 2 rns this

[tidy 2] 24/8/2016 16:18

Ok 70p even better

[tidy 2] 24/8/2016 16:12

Court case dismissed load up

[dice1950] 24/8/2016 16:09

CHAL moving very very fast big buys coming now

[dice1950] 24/8/2016 16:06

CHAL SUDDEN BUYING and rising is the jakarta 9m on the way 3.27m mkt cap

[dice1950] 23/8/2016 10:43

For sure dude

[kidknocked] 23/8/2016 09:26

This could pop north soon dice, thanks for the tip on this one.

[dice1950] 23/8/2016 09:07

this going 2 rerate just a case of when pi,s still dont get it i do

[cherylc] 23/8/2016 08:44

Dont forget Dubai we 100% own Starneth.

Challenger Acquisitions (LON: CHAL) Hyundai Contracting and Starneth Engineering
Published: Monday, August 22, 2016 2:03 PM PDT

[dice1950] 23/8/2016 08:32

Cash rich and now this looks like Jakarta cash is on the way 9m and a 3m mkt cap no brainer

Challenger Acq Ltd
Extension Agreement with Starneth Vendors
RNS Number : 8778H
Challenger Acquisitions Limited
23 August 2016

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.



For Immediate Release

23 Aug 2016

Challenger Acquisitions Limited

("Challenger" or the "Company")



Extension Agreement with Starneth Vendors



Challenger Acquisitions Limited (LSE: CHAL), a leader in the Giant Observation Wheel industry, announces that it has reached agreement with the three vendors of Starneth regarding the second cash installment payment ("the Payment") that was due on 15 July 2016 (see RNS dated 16 July 2015).



The Payment of €1.25 million that was due on 15 July 2016 will now be paid on the earlier of the financial closing of the Jakarta project or 50% of the balance on 15 January 2017 and the remaining 50% of the balance on 15 April 2017. The Payment accrues interest of 5% from 16 July 2016 and is secured by one common equity unit of New York Wheel Investor LLC held by Challenger until the entire cash payment has been made.



Mark Gustafson, the Company's Chief Executive Officer said: "We wish to thank the three Starneth vendors for their flexibility on this matter. We believe the revised terms provide a more appropriate alignment of stakeholders in Challenger."

[dice1950] 23/8/2016 06:38

Challenger Acquisitions (LON: CHAL) Largest observation wheel in the world should go on stream
14TH August 2016

VDL Steelweld Breda has received the order for the construction of 36 nacelles for the 190-meter-high Ferris Wheel New York. It is an order for the VDL Groep of more ..

[dice1950] 22/8/2016 11:22

‏@TopTradersADVFN 4m4 minutes ago
@smallcappick Had some #CHAL mate on way to airport lol. I would like it to bag before I wake up in a nice lovely climate tomorrow morning