I-mate Share Discussion Threads

[bazzer7] 23/12/2008 10:20

What if they dont list again, are all my shares gone or do i just sit tight and wait

[latifs100] 04/12/2008 02:32

come on jim give me 8p so i break even.. had faith in you.

[dreamsurfer141] 01/12/2008 21:49

Good point. I suppose we wait until they list again (likely to be a very long time). Someone decides to buy imate or they go under. There is one advantage; I no longer have to log onto ADVFN only to see this company on the top losers list anymore.

[bazzer7] 01/12/2008 21:13

What happens if you still hold shares in this company??

[geoffcapes] 14/11/2008 10:49

Who knows. Might even be worth something in years to come (unlikely).
Remember Apple? (bad comparison, but hey, I can dream! lol)

[wskill] 13/11/2008 17:06

Yes I am thinking the same should have sold a few days ago might as well stay for the ride now

[geoffcapes] 13/11/2008 16:47

Just keeping mine now. Wouldn't even get the dealing costs back on what they're worth.

[dreamsurfer141] 13/11/2008 15:24

Shouldn't they just suspend these shares?

[dirtysteve] 13/11/2008 14:04

Motley Fool once tipped these around 270. Just shows what dangers following mickey mouse internet tipsters!

[digger27] 13/11/2008 09:37

I see he has just bailed out his entire holding of 1 share!

[double6] 11/11/2008 15:05

goodmorning2 ...... goodbye ??

[dreamsurfer141] 10/11/2008 19:40

gg and jotoha1, many thanks.

[greengiant] 10/11/2008 19:34

DS141 - Your shares are not worthless, they still have some value and when the delist they will still have value. Unfortunately being a private company, it will be costly trying to sell them (and you will have to find someone to sell them to)

I don't believe there will be anything nasty attached, but I will scan the articles and let you know if there is anything. Not a holder tho'

gg

[dreamsurfer141] 10/11/2008 19:29

Relations with Shareholders

The Company encourages dialogue with both its institutional and private investors and responds promptly to all questions verbally or in writing. The Chief Executive Officer and the Chief Financial Officer are the principal spokesmen for the Company and attend meetings with analysts and institutional shareholders throughout the year. The Annual General Meeting is used as an opportunity to communicate with private investors, as is the Company's website (www.imate.com) which includes Company announcements, information on the Group's activities and products and details of the Company's share price. All shareholders have at least 21 days' notice of the Annual General Meeting.

[dreamsurfer141] 10/11/2008 19:24

Thanks gg; simple as that, they are on imate's site!

I have been skimming through it but it unfortunately doesn't make much sense to me. I suppose my concerns are that the shares aren't worthless and that there aren't any nasty surprises attached to them. I accept that they will be virtually impossible to trade. Also, how will Jim Morrison and others communicate with its private shareholders? I suppose all will become clear in the next 8 days...

[greengiant] 10/11/2008 15:53

Can't be tarded. GM2, your analysis of Companies Act is wrong. Please can you quote exactly where you believe the CA refers to the following:

"CORPORATE LAW.THERE HAS TO BE A MINIMUM IN FREE FLOAT /JIM MORRISON,S WILL BE UNDONE,HE,S NOT THAT BRIGHT HE NEEDS OURS AND INSTITUTIONS STOCK OR HE WONT BE GOING PRIVATE.UNLESS 25P+"

If you find the section, please tell me, because I must have fallen asleep at that particular section of my Company Law lectures.

gg

[lostinmoney] 10/11/2008 15:30

are these shares now worthless,or can they be traded-----thanks

[double6] 10/11/2008 15:19

Thought you were going to get 25p per share here, gm2 ??

[goodmorning2] 10/11/2008 15:16

expample medsea estates/mea.fat lady is not singing yet.wont go private

[8trader] 10/11/2008 15:13

Yes, the pump and dumpers failed big time with this one !

But they carry on in shameless fashion every day on this site trying
to push bad stocks onto others.

Beware serial con man digging/loosing from this thread who now posts
as goodmorning2 and 5shake.

[dreamsurfer141] 10/11/2008 15:06

What we knew would happen...
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RNS Number : 8275H
i-mate plc
10 November 2008

For immediate release

10 November 2008

i-mate plc ("i-Mate" or the "Company")

Result of Annual General Meeting and Separate General Meeting

i-mate plc (London AIM: IMTE), the specialist in Microsoft Windows, Mobile® devices and software, announces that all resolutions set out in the notices convening the Annual General Meeting and a separate General Meeting held on 10 November 2008 were passed by the requisite majority. The resolution proposed at the General Meeting to cancel admission of the Ordinary Shares of the Company to trading on AIM was passed on a poll.

It is anticipated that cancellation of admission will take effect from 7.00 am on 18 November 2008 following which the Ordinary Shares of the Company will not be tradeable on AIM or any recognised investment exchange but may be transferred in accordance with the Company's Articles of Association.

The Company's Non-Executive Chairman, Bernard Cragg and Non-Executive Director, Bill Gorjance, have indicated their intentions to resign with effect from cancellation of admission. JP Morgan Cazenove has also indicated its intention to resign with effect from cancellation of admission.
----------------------------------------------------------
Where can we find the company's Articles of Association? Company's House?

[andrbea] 07/11/2008 13:32

-15%

then +32%

why bother to create a market for a dead share?