Zyzygy Share Discussion Threads

[stupid idiot] 20/7/2011 15:46

Has anyone heard any news all seems to have gone very silent?.

[stupid idiot] 08/7/2011 11:50

Wenlynn
I did state as much in an earlier post when they said they were looking at other ways of funding to make sure the listing went ahead,however they would seem to have failed in that so I do not know where else they can go.

[alby220] 07/7/2011 19:18

I would certainly love them to try again. And would much rather it be a active listed company,i got too many dud company's, and we have all lost a load of money if they can't kick start it. But i don't hold out much hope after Barclays letter.

[wenlynn] 07/7/2011 17:34

They have spent too much money - they'll try again.

[stupid idiot] 07/7/2011 17:28

Well if this is dead as seems to be the case from albys post,does anyone know when we will be able to offset this loss against gains made for cgt purposses?.

[alby220] 06/7/2011 12:03

Looks like it has not happened, the money i paid out for the new shares has come back into my barclays account, and the shares have gone.

EDIT Next day Got a letter from Barclays the company did not make the funding it wanted hence all our inital investments are sadly lost, as they cannot progress forward.

[wenlynn] 05/7/2011 07:57

This is the last communication I received from my broker.
I will contact BWA today to get the latest information.

OPEN OFFER Following on from the previous Open Offer, total applications for 22,283,818 Ordinary Shares were received at a total subscription price of GBP 60,243.12.

This was less than the minimum subscription level required and the offer has accordingly now lapsed.

The company is now making a new offer to shareholders to apply for any number of Ordinary shares they wish.

The maximum number of Ordinary shares available in the new offer is 1,129,158,658 and in the event of oversubscription, applications may
be subject to possible scale back by the company.

Applications already made in respect of the earlier Open Offer will be valid for the New Offer.

If you would like to apply for any new shares (Please note this will be in addition to any previous application), or you wish to withdraw an application made under the earlier Open Offer please elect online where available or else notify us in writing by secure message or letter no later than 5pm on 5 June 2011, stating how many shares you wish to apply for or to withdraw.

[stupid idiot] 23/6/2011 16:48

The last lot of info I had they said they were looking at other ways to try and make sure it did not fail,also certain people have put money into this ,costs had to be paid to contact shareholders ext,so someboady will have lost exta cash if this does not float and I would not think they would want that.

[alby220] 23/6/2011 14:26

Any one's guess at the moment O.D, as to the final senario???
Pherhaps they are waiting for all the offers to be sent in, then to cash up maybe ????

[officerdigby] 23/6/2011 13:45

So presumably the extended funding, time (until 18th June) has failed to secure enough money?

And this is about to fold?

[space cadet 32b] 14/6/2011 08:08

Unless the fault was with barclays, in which case the statement applies to them, and validates my decision to stop using them years ago, as they were without doubt the most useless bunch of incompetents I'd ever had the misfortune to encounter.

[space cadet 32b] 14/6/2011 08:06

What a total bunch of unprofessional clowns this lot are.

[alby220] 14/6/2011 08:04

I got this via email yesterday from barclays, i subscribed for a few more last time so i am not this time.

Dear Client

We wrote to shareholders on 13 May 2011 to inform them of the Zyzygy plc (Zyzygy) Offer for Subscription.

It has been brought to our attention that the offer price was quoted incorrectly in our letter.

The correct Terms should read as follows –

OPPORTUNITY TO APPLY FOR NEW ORDINARY SHARES AT A PRICE OF GBP 0.0025 PER SHARE.

If you now wish to subscribe for new ordinary shares please follow the instructions below -

OPTIONS

1. SUBSCRIBE FOR NEW ORDINARY SHARES
Provide your instruction online by logging into your account www.stockbrokers.barclays.co.uk
Give your instructions by telephone by calling
Please quote corporate action letter reference
Please ensure that there are sufficient funds available in your account by 5pm on 15 June 2011 if you wish to subscribe for the new ordinary shares.

Please accept our apologies for any inconvenience or confusion this error may have caused.

Please do not respond to this email.

[haff1] 03/6/2011 11:11

...any news anyone..?

[alby220] 18/5/2011 11:10

I don't know their plan either, it's totally true what you say.But if this leads us on a new path that gives us another chance to recoup our lost money imo only, it is a chance i am happy to invest in with a bit more cash of which i have done.
"Fortune favours the brave" Hopefully!!

[officerdigby] 18/5/2011 10:07

What is their plan? Do you trust them with your money? etc etc.

These are the things you have to ask, I ask myself and on current info I don't know and No, unfortunately are the answers.

[alby220] 18/5/2011 09:33

I have already bought,i agree i just hope they get enough money to restart, as i as well have no use for a defunct valueless company either.I have got too many of them already!

[alby220] 18/5/2011 09:33

edit repeat

[wenlynn] 18/5/2011 09:27

I'm going for some.
When they go public at least I'll retrieve some money from my existing holding.

[alby220] 18/5/2011 09:19

I got 1,129,158,658 on the letter from Barclays too, conditional on £150k being raised let's hope they get it. I have already bought mine, on the last subscription.

[wenlynn] 17/5/2011 16:48

Ordinary Shares in issue for Existing Shareholders 112,915,866 (value £282,290)
Ordinary Shares in issue for Creditors 77,526,599 (value £193,816)
Open Offer Shares (assuming full subscription) 1,129,158,658 (value £2,822,900)

[knowing] 17/5/2011 16:46

Alby did your note state 1,129,158,658 shares as well? Seems er wrong

[alby220] 16/5/2011 20:44

Exactly !

I hope they get it going again!! it will be nice to see another company we have invested in, rise from the ashes!!