Share Name Share Symbol Market Type Share ISIN Share Description
Polyfuel Inc LSE:PYF London Ordinary Share USU731291055 COM SHS USD0.001 (REG S)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 3.50p 0.00p 0.00p - - - 0.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment - - - - 2.01

Polyfuel Share Discussion Threads

Showing 1326 to 1348 of 1350 messages
Chat Pages: 54  53  52  51  50  49  48  47  46  45  44  43  Older
DateSubjectAuthorDiscuss
08/9/2010
18:00
For all holders, I emailed the CEO re the possibility of a further distribution, as alluded to in the initial distribution letter, and received the following reply: "The present expectation is a similar distribution will be made in Q1 2011. The situation is that certain contracts are contingent, and as such, the company can not be fully liquidated until the end outcome of those contracts is factually known. However, no assurance can be provided that any distribution will be made, that is, it could be zero."
callumross
03/4/2010
02:17
Market leader? Seemed an odds on no-brainer. Where did it all go wrong?
argyle underclap
16/3/2010
23:04
robson - I suggest you put a link to this thread. Reality is in very short supply on advfn boards, and this might provide a useful corrective. In fact an entire list of threads 'The ones that didn't make it' could usefully be added to the header of every thread... As the old maps used to say 'Beware there be dragons here'
supernumerary
16/3/2010
21:42
I have started a Fuel Cell Sector and Stock thread for comparing and contrasting the valuation of the various companies, please drop in...i have added some links to research in the header, if you have any other decent links please suggest on thread and I will add the good ones to the header http://www.advfn.com/cmn/fbb/thread.php3?id=22033763
robson1974
05/3/2010
09:53
for further details please contact: Thomas P. Caldwell CEO & CFO PolyFuel, Inc. Mobile: 650.279.0837 email: tcaldwell@polyfuel.com www.marinfinance.com I suggest you use his mobile - but remember they are 5+ hours behind UK time, so dont wake him at 3am!!! ;-|
asparks
04/3/2010
20:12
I all seemed so promising here. Had i made on MDX, i would have had a dabble with this one. Fortunately, or UNfortunately i lost a packet. So no investment here. Hope u guys get a decent slice of ur hard earned back
argyle underclap
03/3/2010
16:35
Whoops - quite right, got my dollars and cents confused. Time to break out the Bolly then! Sorry to hear about your holding. It was easy to get sucked in at the end - great product, great prospects, money from the US on the table, bargain share price - I still find it hard to understand why it went quite so badly wrong.
supernumerary
03/3/2010
16:04
No - 166 Cents! I have got 90000 shares, sadly, so even 0.83 cents is worth around £500 - better than nothing.
callumross
03/3/2010
13:52
asparks - thanks. So my 200 shares are worth approximately 1.6 cents. Ah well, I was only playing anyway. I wonder what the purchase price was, and how much went in director's and professional service fees?
supernumerary
03/3/2010
13:24
Thanks for that information, asparks. But I have not received any payment from the company. How do I go about claiming it, as my shares are not certificated. They are in TD Waterhouse nominee account. Is that 8.3 cents per share or 0.83 cents per share? Kind Regards Callum
callumross
03/3/2010
13:17
Dear Shareholder: PolyFuel has completed the principal requirements to effect the liquidation of its assets and dissolution of the Company. PolyFuel's Board pursued multiple avenues over the past 18 months in efforts to garner the greatest value for shareholders, balancing further technology development which might secure investment with the objective of also preserving value. Unfortunately, with the onslaught of the recession possibly otherwise interested parties withdrew their investment interest. PolyFuel also approached, through its investment banker, over 100 entities world-wide seeking the sale of the company and its assets. Market conditions, the state of the DMFC industry and the requirement of further capital, beyond recent Department of Energy awards, limited the pool of parties showing interest in continuing the Research & Development still needed to bring PolyFuel's technology to the commercialization stage. PolyFuel sought to develop auction conditions for this effort and was successful in bringing a new buyer to the table, increasing the previous offer made by a substantial premium. Nonetheless, the purchase price was still modest, given the state of the economy and industry. Enclosed is an initial distribution in the amount of US$0.0083994/share. A further distribution may be made within 6-12 months upon the resolution of certain existing contractual matters and final resolution of the Company's existing and potential liabilities. Best regards, Thomas Caldwell CEO & CFO PolyFuel,
asparks
03/3/2010
13:16
Dear Shareholder: PolyFuel has completed the principal requirements to effect the liquidation of its assets and dissolution of the Company. PolyFuel's Board pursued multiple avenues over the past 18 months in efforts to garner the greatest value for shareholders, balancing further technology development which might secure investment with the objective of also preserving value. Unfortunately, with the onslaught of the recession possibly otherwise interested parties withdrew their investment interest. PolyFuel also approached, through its investment banker, over 100 entities world-wide seeking the sale of the company and its assets. Market conditions, the state of the DMFC industry and the requirement of further capital, beyond recent Department of Energy awards, limited the pool of parties showing interest in continuing the Research & Development still needed to bring PolyFuel's technology to the commercialization stage. PolyFuel sought to develop auction conditions for this effort and was successful in bringing a new buyer to the table, increasing the previous offer made by a substantial premium. Nonetheless, the purchase price was still modest, given the state of the economy and industry. Enclosed is an initial distribution in the amount of US$0.0083994/share. A further distribution may be made within 6-12 months upon the resolution of certain existing contractual matters and final resolution of the Company's existing and potential liabilities. Best regards, Thomas Caldwell CEO & CFO PolyFuel,
asparks
14/12/2009
14:09
asparks - anything to report?
supernumerary
16/11/2009
19:13
yes, would be grateful for any feedback, asparks - even a 2p per share payment would be a couple of grand back for me, although I have written the investment down to nothing in my mind. Just as well that the rest of my portfolio has had a good year!
callumross
16/11/2009
17:03
no worries - let us know if you get anything interesting out of him
supernumerary
16/11/2009
16:12
asparks - see recent news Enquiries: Tom Caldwell - Chief Executive Officer, Chief Financial Officer and Secretary +1 (650) 4294671 tcaldwell@polyfuel.com http://www.advfn.com/p.php?pid=nmona&cb=1258387839&article=39452763&symbol=L^PYF
supernumerary
16/11/2009
14:31
does anyone have an email address for TC? I'd like to contact him. TIA
asparks
13/11/2009
23:55
callum - I don't have enough invested here to care, but as I understand it the shareholders voted in September in favour of dissolution. Without some very fine hair-splitting, I don't know the difference between dissolution and 'being wound up in an orderly manner' and liquidation. What it all amounts to is that Thomas Caldwell was appointed to put an end to the thing, and he should have made progress by now. If he hasn't found a buyer yet in my opinion he's not going to - the asset is deteriorating in value all the time, and the potential buyers know that the longer they leave it the stronger their bargaining position. TC is the liquidator in all but name, and if shareholders have any queries I would suggest they get in touch with him to find out what's happening. At the moment every penny he spends, including his own salary, is coming out of their pockets. So if he hasn't already done so and neglected to tell the shareholders, he should appoint a formal liquidator and let the process move on.
supernumerary
13/11/2009
22:58
but, there is no liquidator - the company is not being liquidated - it is being wound up in an orderly manner, or alternatively being sold outright if a buyer has been found.
callumross
13/11/2009
18:49
asparks - have you contacted the liquidator? That's usually the best/only way to get information at this stage.
supernumerary
13/11/2009
16:28
when do we get our dosh?
asparks
09/11/2009
10:23
any idea what is going on?
asparks
09/9/2009
15:32
why that long?
asparks
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