Amphion Innovations Share Discussion Threads

[2pablo] 13/12/2020 10:27

Option 1 - wait Option 2 - ? Haven't looked on the website but I presume they aren't publishing accounts as no-one is forcing them. Pretty sure the company is really just holding on with no material assets or ideas but at least Bob has always been civil to me and better than most in replying to emails. Would you like his email address if you haven't got it?

[calton1] 13/12/2020 10:13

Many thanks to 2Pablo for this extraordinary news. At the very least the shareholders might expect to see some accounts after all this time but more importantly an update on specifically what assets this company holds. It is really most unusual for a company with as many (unhappy) shareholders as AMP to remain dormant for a whole year without any communications and as we now learn without any plan whatsoever. This speaks volumes about the board and sadly may explain why we have all lost out by backing them. I would like to know what everyone else thinks because it seems we should consider what options are open.

[2pablo] 13/12/2020 09:06

I emailed to President and CFO about whether the shares were liquidated and/or declared of 'negligible value'. He responded a few hours later : Hi Pabs The company was de-listed at the end of 2019. You can look at the press release on www.amphionplc.com The company has not been liquidated. We are still trying to find a way forward, but have nothing to announce at the present time. There is no market for the shares so there is no published value for the shares. We will make an announcement to the shareholders once we have a plan. I cant give you a time frame for that announcement. Regards, Bob Robert Bertoldi President and CFO Amphion Innovations, PLC 917-748-2143

[calton1] 11/12/2020 10:02

The only one who might know is dosser50. dosser50 what were you on about?

[escapetohome] 11/12/2020 09:56

I thought this was dead. No hope here?

[calton1] 11/12/2020 08:35

Goodness me! Someone has made contact about this forlorn hope. I presume a button was pressed by mistake but if there is any prospect of £ please someone revert.

[escapetohome] 29/2/2020 09:30

Finished i assume. No longer in operation , i would imagine. Sold any i had a long time ago.

[sorksandnorks] 16/7/2019 10:47

Has this company finally died? If so, when do the directors go to jail?

[hoggar] 28/6/2019 08:42

Agreed, 'shut this dog down' but inept idiots like Morgan should be held responsible for gross mis-management of investors money. Lets not forget how this idiot and many CEO's like him on Aim have squandered other peoples money without penalty. Criminals are now stripped of ill-gotten assets to pay for criminal profits. Should irresponsible CEO's be treated differently?

[tomboyb] 27/6/2019 14:38

in accordance with the AIM Rules for Companies, dealings in the Company's ordinary shares will be temporarily suspended under AIM Rule 40 from 7.30 a.m. on 01 July 2019. It is intended that the suspension will be lifted at such time as the 2018 Accounts have been duly published in compliance with AIM Rule 19.

[tomboyb] 27/6/2019 14:35

Out - Another one bites the dust -

[escapetohome] 12/6/2019 11:32

Shut this dog down. Pull the plug banks.

[knowing] 31/5/2019 09:15

MTBF doing well again today

[depjoe] 13/3/2019 12:26

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[depjoe] 13/3/2019 12:26

oh dear dave

[depjoe] 13/3/2019 10:33

oh dear dave

[depjoe] 07/3/2019 15:52

dave4545 aka hatey new name Jonnybgood4 Member since: 06 Mar 2019

[escapetohome] 06/3/2019 22:19

I think that is a very good decision. These sorts of decisions can be tough. This share is a non starter in my books. Everything to play for and good opportunity, and yet these BOD make a complete and utter hash of it, and pay themselves very handsomely. I rate this company at the very bottom of the aim pile, along with the like of ABM, MPL. Basically scams.

[gclark] 16/2/2019 08:38

I am out of these now! With the fall in the price of MTFB, AMP is in high negative equity. I was investing in AMP for the price rise in MTFB, and the gearing on MTFB price rises, which obviously didn't happen. The loan note holders had their debt guaranteed by MTFB shares, which were at 30p+ at the time, and AMP are committed to finding any additional moneys to pay off that debt if the MTFB shares don't cover it, which they don't do now. I can't see where that money could come from, and it has these enormous debts to past and present directors, so I think this company will struggle to survive quite quickly.

[dave4545] 15/2/2019 09:41

I do not think anybody cares anymore about facts. Aim is always a ponzi so people think can I buy and sell for a quick profit and that to many is yes today. I think AMP need at least 90p to get into a positive balance sheet and people are piling into Amp because Mtfb has trebled from the low of 5 to 15p. Mtfb has to rise another 500% just for AMP to clear their debt/liabilities. 2 weeks ago Mtfb 44p v Amp 0.52p offer Now Mtfb 15p and people are paying 0.55p

[king 786] 14/2/2019 11:01

Buying pressure, retracing,