Alex Dav Inv. Share Discussion Threads

[kennyruss] 29/5/2013 16:02

So Certain Genesis?

[genises] 29/5/2013 14:05

smithie
You are on the wrong forum this is ADI not ADS.
The adi company is reversing into another not selling any assets to Directors

[jfw] 29/5/2013 10:55

Would complaining make a difference.

[smithie6] 29/5/2013 10:47

imo shareholders have been shafted by the directors ...

and very few complaining posts...

I'm surprised...

[smithie6] 29/5/2013 10:44

I'm not a holder here...

but I am willing to act as a catalyst to organise a shareholder action group
to act against the directors...

if there is any interest

(selling chunks of the co. to themselves...apparently without tasking an indep. agency to try to sell those chunks or get competing prices....)

taking large amount of the shares of the co. in return for their wages...is very similar to what happened at OCH....now in administration ...with action group with legal representation in Cayman Islands High court process
(incl that dirs. awarded themselves a large bonus....after claiming that the co. had made a large profit (property valuation increase, not sold, no cash profit generated)
...and then not much later...the co. goes into administration since no cash and unable to sell any assets....inferring that the claimed jump in prop. values was false accounting (which is illegal)

[share_shark] 29/5/2013 10:02

Many thanks Gen.

[genises] 29/5/2013 09:55

good morning share-shark
You will know very soon who the new CEO will be and what is reversing into ADI.

[share_shark] 29/5/2013 09:20

osammyboy. Have you been on the bottle over Bank Holiday weekend.........or have I ?.:-)))


Are you talking about ASTA and are you on the wrong thread ?. ;-)

[osammyboy2] 29/5/2013 08:59

shareholdings

PRS 28.46%
Directors 1.29%
PI's 50.54% (Nominee accounts)

Total 80.29%


Who holds the rest?

[share_shark] 29/5/2013 06:33

Hi Genises.

You posted this on another thread.

Care to expand to us, the shareholders of ADI, what you know about the" nice CEO", especially as ADI is suspended and there was no reason why you should have alerted others, who are not invested here and not us ?. TIA.

"GENISES 25 May'13 - 00:22 - 2210 of 2220 0 0


still here waiting.lol
small change here.
Heavy in pgr,which has better prospects.
Lots of news will come out next few months on drill results etc.PGR that is.
Watch Out for Ram also news coming out very soon.(contracts)
ADI to late reverse takeover .Nice CEO well known in his sector.
opps know one knows who the CHAP is and the company reversing into it.

Well here Iam in GWMO and waiting for the rest of the news.
Bit like Ram.Got rid of the CEO and brought in new directors who have already sorted finance out.Waiting on the rest of the news.

QFI
Doing well expecting contracts next month."

[smithie6] 27/5/2013 13:30

(I dont own any shares...but here is my view)

so

the directors are selling the active parts of the company to themselves
without trying to obtain competing prices from other companies in the sector ?!

good work if you can get it....

and via the dilution....the directors will effectively own all of ADI....before a new investor puts new money in
( as per Tommyboyb "If they converted @ the same levels it would be over 100% and zero value attributed to current equity of ADS?")


so

shareholders get shafted 2 times ! not just once !

[share_shark] 23/5/2013 17:33

I commented on PPA( now ASTA) for a while as ADI had a holding and the fact that PRS had put quite a bit of cash in, as did LEG, a few days later.The directors of ASTA are both movers and shakers, namely Euan McAlpine and
Lynda Chase-Gardener. It pays to keep an eye out as sometimes there appears to be a pattern/jigsaw moving to a happy conclusion. Hopefully this will be the case for ADI. Good luck all.

This is courtesy from the poster tomboy today.

Perhaps good things are coming to ADI, as the ASTA coming together has taken ages also.

tomboyb 10 May'13 - 11:17 - 2 of 103 0 0


U might want to add that to the header -

Shareholders

as at 26th April, 2013

Astar Minerals Plc Share Capital
Shares in issue 259,988,581 100.0%

Significant and Substantial Shareholders

Paternoster Resources plc* 74,000,000 28.46%
Jim Nominees Ltd. [Jarvis] 56,752,778 21.83%
Pershing Nominees Ltd. [PSL982] 36,873,333 14.18%
Jim Nominees Ltd 26,666,667 10.26%
Fiske Nominees Ltd. [Fiskpool]* 12,300,000 4.73%
206,592,778 79.00%

Directors' Shareholdings

Euan McAlpine 2,750,555 1.06%
Lynda Chase-Gardener 600,000 0.23%

[share_shark] 23/5/2013 07:39

Thanks Gen and Iain.

[iain222] 22/5/2013 21:38

Yes I did get some.
I thought you meant ECR. which I got as well.

[shwetal] 22/5/2013 21:28

Any possibility for ADI to wake up alive !!!

[share_shark] 22/5/2013 18:14

Asta Iain ?.

[iain222] 22/5/2013 18:09

share_shark,
??

[genises] 22/5/2013 15:30

kennyruss
From what I have heard all will be announced very soon.

[kennyruss] 22/5/2013 14:08

My question wasn't aimed at what shareholders had left, it was how to follow the RNS lol...

[tomboyb] 22/5/2013 13:56

Kenny - my calcs ADS -


£200k for 36% @ 0.90p -

£380k prefs + warrants to be injected - where does that leave current holders? If they converted @ the same levels it would be over 100% and zero value attributed to current equity of ADS?

[asmodeus] 22/5/2013 13:35

Thanks, Gen.

[tomboyb] 22/5/2013 13:35

kennyruss
21 May'13 - 22:06 - 5075 of 5085 0 0


I have read the ADS RNS several times... boy is that confusing lol..

Worked it out? what will ADS shareholders be left with?

[genises] 22/5/2013 12:37

Beowulf was one of ADI INVESTMENTS.
The price crashed as soon as they brought the shares.
No doubt they have sold them at a substantial lost like all other investments.

ADS is going to become an investment company.
Well they did a good job with their investments advice. to ADI
1 MILLION to Zero