Black Rock Share Discussion Threads

[futhark] 16/1/2009 15:23

Question anybody! How is this going to effect us shareholders?

(Following Completion, the Company will no longer be considered to have its place of central management and control in the United Kingdom by virtue of the overseas residency of a majority of the New Board. Accordingly, following Completion, the Company will not be subject to the City Code.)

Thanks.

[jimarilo] 16/1/2009 14:08

Yeah it's not like us Jocks (sweaty socks) get any stick either ;-)

[steelwatch] 16/1/2009 11:25

Ivan - you're not Hal Windsor are you?

[ivanburgess] 16/1/2009 11:15

Hi Fut, How could I not do it? I enjoy the comeraderie built up among us long-suffering holders. Just waiting for the new epic.

Do you think the new owners would join in? If they registered with advfn, just imagine ..... we could publicly pillory them if they ever set one foot out of line. ...... but just don't call them 'sooty', however affectionate the term,.

[futhark] 16/1/2009 11:09

Ivan
If/when we change our name are you still keeping this bb going? it would be a shame to loose it.

[ivanburgess] 16/1/2009 11:06

Morning all.

Base ..... ""still trying to work out the purpose of...""
I would imagine that as the deal had been virtually dealt, (as they had refused and rejected all the other interested parties), all the info necessary for the deal, and the terms for the deal, were based on the complete "state of affairs" of the company at a particular date. Now, as time goes on, and with running costs (in this case, admin, etc) depleting the bank balance, they had to restore the bank balance to the amounts in the agreement.

I would hardly think the 2.5g was enough to tip us over the edge, as we are actually 'creditworthy', so its more than likely dotting the i's and crossing the t's, or simply just to make the books balance, after paying admin, wages, etc.

Of course, I could be wrong, but my name is Ivan Burgess. Is it likely that I am wrong? Just ask yourself, have I ever been wrong before? Aren't I just 'the man' ???? Cool dude ??? 'The biz' ??? Aren't I the hero in all this? Didn't I promise to get you rich if you invested in one of my companies??? Didn't I give you this magnificent chance to become one of the few millionaires in your street??? So trust me, guys. I am always right.

....... errrrr, ok, well maybe I might have been a tad, well, errr, ....

[jimarilo] 15/1/2009 23:40

We have all read it Fut thanx ;-)

Yes is good that the new company will give shareholders a chance to buy at 1p, although in true (formally known) BLR fashion am sure we will be able to buy at 1p anyways

[futhark] 15/1/2009 20:23

Looks like its not worth topping up yet, we may get them cheaper!

'Rights Offer'

the offer to Shareholders of the Second Subscription Shares on a pre-emptive basis pro rata to their shareholding in the Company at such time the issued ordinary share capital of the Company on completion of the Second Subscription, comprising the Existing Ordinary Shares, the First Subscription Shares and the Second Subscription Shares

[futhark] 15/1/2009 20:20

Well I have just got back, read the RNS and still don't understand it,
If anyone hasn't read it I will post it on here for you.

[jimarilo] 15/1/2009 16:06

Maybe Dawn's wages for the month, and some milk and tea money ;-)

[base97] 15/1/2009 15:16

Hello folks,
I,m still trying to work out the purpose of Dr C,s £2500.00 loan to BLR!! Any ideas on this one? Was it just to top up the Petty Cash/Latest payment on Company Car/Clerk,s owed wages or to entertain Cetus "big-wigs??

[jimarilo] 15/1/2009 14:07

WRY ...wouldn't be a good idea, if you look it up in the dictionary, describes Kappa well though ;-)

[granny7] 15/1/2009 13:55

It's in the RNS tailgunner2.

[tailgunner2] 15/1/2009 13:50

When we trading again then?????

[maxk] 15/1/2009 13:48

WEC.....Woburn Energy Crock ?

[jimarilo] 15/1/2009 13:35

My calculator has run out of spaces to fit in all the shares once the first and second subscriptions have been completed (@1p)

I guess the next rns will also tell us what the new ticker will be for us to have nightmares over ;-(

[granny7] 15/1/2009 13:05

Too early for the Trumpet maxk!

[maxk] 15/1/2009 12:57

And they are having a Concert Party, are we invited?

[maxk] 15/1/2009 12:54

I'll have two....... hic!

[trickyboyfish] 15/1/2009 12:51

Congratulations all. I will have a celebratory drink tonight ;)

[wow400] 15/1/2009 12:50

Long live Woburn Energy Plc!!!