Berkeley Technology Share Discussion Threads

[philut] 13/1/2014 14:41

Think that's the final one.

[eldermon] 12/1/2014 23:46

Got a further Liquidation payment recently out of the blue, I thought this was dead and gone but seems like there was still some life in the old dog at the end.

[philut] 12/7/2011 09:10

12 July 2011 RNS

NOTICE OF CANCELLATION OF LISTING FROM THE OFFICIAL LIST

[adam] 01/7/2011 09:08

Trueger's (or should that be Falseger's) last gasp private equity "investment" Xtera is not doing that well...

[eldermon] 24/6/2011 17:52

TD Waterhouse have now passed on the latest distribution which amounts to approx 1.3p/share.

In my case this small amount was enough to take me into a small profit on my investment :) something i thought would never happen.

[adam] 02/6/2011 19:49

if the liquidator ever writes to members, we will get to know.

[baner] 02/6/2011 19:14

after XX years of misuse of shareholder´s money..............treueger and his entourage should of course be scrutinized by the relevant regulatory bodies - but they will most likely not. at least the san francisco ballet boys may be provided with some new costumes - at our expense!

[hugepants] 02/6/2011 18:33

I just assumed these investments had already been sold.

[adam] 02/6/2011 13:40

What's the stub equity now? Just a bit of private equity like Alacritech and Xtera. The latter seems to be doing OK. Might be worth $1m-$2m or another 2c. Maybe they will IPO and it will go ballistic like the good old days..

[hugepants] 01/6/2011 09:35

Another 2 cents per share being distributed. That could be it. Or not.

[hugepants] 28/4/2011 09:44

Results give 19 cents as the estimated liquidation proceeds. So another 2.25 cents due but could be more or could be less.

Under the liquidation basis of accounting, the Company accrues for the estimated costs to be incurred during liquidation offset by estimated future earnings. The actual values and costs associated with carrying out the wind-up are expected to differ from the amounts shown herein because of the inherent uncertainty and will be greater than or less than the amounts recorded. Such differences may be material.

[25babies] 04/4/2011 12:49

Well that's it - at last got my 10.1p per share. Made a little at the end, lost a lot in the middle and missed out at the beginning.

Bon voyage.

[philut] 28/3/2011 12:31

Selftrade have finally coughed up. Worked out at 10.19p per share.

[rabiddog] 21/3/2011 21:37

Halifax have just credited my account today. End of an enlightening journey where I have become richer in life but poorer in the pocket !

[eldermon] 21/3/2011 17:51

Well TD Waterhouse seem to have woken up about the distribution, they are now chasing my distribution after i reminded them again last week. I even got a corporate action notice to that effect. I presume this also applies for anyone else that uses them.

edit: Upon checking my account the distribution has now been received

[25babies] 15/3/2011 16:39

Another distribution? - keep up at the back of the class - just be lucky you got something.

[hugepants] 13/3/2011 15:29

cheers adam I thank thats the way to do this. Lloyds will stiff me because they are basically going to give me travel money exchange rates which takes about 6% off. You can get a US dollar account with their international banking division.

Do you have any idea how much shareholders can expect after the 1st distribution?

[adam] 12/3/2011 10:21

open a dollar account with your bank and then go to oanda.com. you can than transfer the money into oanda.com. Maybe you can just send in a cheque to fund it, but their FX rates are pretty good. Most banks will screw you.

[hugepants] 11/3/2011 23:17

I also got 1st distribution cheque today (for 16.75 cents per share). Its in US dollars so Im not sure the charges in getting it cashed.

[costa rica] 11/3/2011 16:19

I received a couple of cheques [in Dollars] through the post this morning.

[adam] 11/3/2011 10:46

I got my dosh in my main full service brokerage account. I have some smaller amounts with some online dealer services which will probably be a bit slower.

[baner] 09/3/2011 16:27

nothing received. chasing Cornman - no response; why should he?

what is left in the company? how is it managed? when do they plan the next pay out? is the liquidator independent from Treuger and his entourage?

just a few of all questions that should be raised - but probably never will be.......

[hugepants] 09/3/2011 16:11

Thanks adam. Ive not received anything either yet.

[jim_black] 09/3/2011 15:50

Is that 10p for the 1st distribution then
Thats more than I hoped for in total.

[adam] 09/3/2011 15:28

16.75c is the 1st distribution.

i haven't received anything yet.