Clear Leisure Share Discussion Threads

[daicaprice] 19/3/2017 22:06

I suspect we are in for a good week, ramping, warrant news and an update. 1.9p will be seen at some stage but if we have actually disposed 3p is not out of the question.

DC

[temmujin] 17/3/2017 23:18

why you heard ote max?

[maxmarilli] 17/3/2017 18:59

For sure people are remembering the fast spike of last september....imagine if the main assets are sold!Have a good w/e all,next monday will be interesting to say the least...GLA,max

[mrphiljones] 17/3/2017 18:36

Lol you missed the "in out in out and shake it all about" bit....:-)

[rkbeekeeper] 17/3/2017 17:45

The last time we finished at 0.75 was 9th February 2017

RKB

[rkbeekeeper] 17/3/2017 16:24

Thanks Sheep

Nice to know you are alive as AIM is a tough place to graze

RKB

[longshanks] 17/3/2017 16:23

Must be the company I keep - but I think you anything but grumpy.

[maxmarilli] 17/3/2017 15:51

going going.....

[rkbeekeeper] 17/3/2017 15:43

Need to ask the question why does the BOD need Euro 100,000 for two weeks?

It’s not to keep the lights on as we only have two employees and the Professor takes half his salary in shares (last lot were 3,658,536 at 0.82p) and this was only two months ago.

The BOD need some cash either to facilitate a Court Case or to buy-back some more debt at substantial discount.

We don’t pay any money over to Eufingest for their 2.5% it is rolled over and included in the total loans.

Now if we need some cash to kick-start our new company Clear Leisure 2017 Ltd then the money is not in there (yet) only one £ was all the capital that was paid into setting up the share allocation.

So let’s see Eufingest have 27.18% so they have say £0.27p of the new company, I have just over 3% so I have £0.03p of the new company and it would be nice to know what my £0.03p is going to be used for.

RKB

[maxmarilli] 17/3/2017 15:18

remember the 2 p dividend....it might be in fashion again...

[rkbeekeeper] 17/3/2017 15:09

Clear Leisure Land in Sight

The Mediapolis 10 part Post yesterday may have been too much for some of you to read it entirely so I will summarize.

CLP own 84.04% of Mediapolis

There is only one director on the Board of Mediapolis and they were appointed by the BOD of CLP on 30th March 2016. Note almost one year (this is significant) exactly two weeks before change of Director? Or time to explain what has happened in the past year?

Mediapolis owns almost 50 hectares of land with ‘permission217; to build a Theme Park, Hotels, Commercial Centre and a Power Plant they also own 100% of 10 Holiday Villas in Sardinia.

BOD had two offers for Mediapolis just over 3 years ago for Euro 20 Million in cash which Euro 7 Million to CLP and 13 Million to settle Mediapolis debts. Since then some of the debt has been restructured and reduced.

The sale of Mediapolis for various legal reasons failed to complete and the main reason was basically that there were issues with the permissions given by the local council. There have been several court hearings, which are still ongoing, and CLP have a claim going through the courts for Euro 39.9 million.

On 18th August 2014 the Government of Regione Piemonte issued a letter which confirmed it is in support of the Mediapolis project. Within the letter it confirms the rights of the building licence as well as the commercial rights owned by Mediapolis. The Board further advises that the Regione Piemonte also confirms its full administrative support to provide all the necessary documentation within the next 18 months.

We have licences owned by Mediapolis which are confirmed by Regione Piemonte for 100,000 sqm for commercial use,30,000 sqm for hotels, 10,000 sqm for boutique shops, 5,000 sqm for logistics and 15,000 sqm for common areas.

The time is long overdue when all the documentation should have been completed in fact we are one year over due.

Now it has been two years since the Board engaged Avalon consulting to market the land and development rights for a cash price in the region of 22,000,000 or via an asset exchange for a liquid listed stock of an authorised real-estate fund in the region of 34,000,000.

Just over 2 years ago we were informed that for Mediapolis the Profit before tax was 7,425,326 and shareholder equity net of all debt was 24,346,116.

We also know from an RNS on 12th September 2016 (the day our share price spiked to 1.85p) that our BOD reiterated that the gross carrying value of the land owned by Mediapolis was 13,000,000 and the 10 villas in Sardinia was 5,100,000.

Now has our BOD and our Director in Mediapolis anything to update shareholders regarding this Asset?

Has the new company which was registered at Companies House on 9th March 2017 called Clear Leisure 2017 Ltd anything to do with an imminent disposal of our Mediapolis Assets?

We do not know and would not need to speculate if our BOD would issue the long overdue Operational Update.

RKB

[maxmarilli] 17/3/2017 14:09

Volumes increasing,tell the story.

[maxmarilli] 17/3/2017 13:59

Warrants expiring 21st march....next tuesday.So an RNS will be out by then.....with a full update as well...could blast to 3p,this time,IF any of project is sorted.

[maxmarilli] 17/3/2017 13:07

Going blue....

[colin12345678] 17/3/2017 13:06

Buyers? news coming

[rkbeekeeper] 17/3/2017 13:04

On that day on the 12th September 2016 when the BOD issued their Operational Update our share price rose to 1.85p

We are due an Operational Update this month, three months from the passing of the end of our Financial Year, hopefully in this communication the Professor will confirm that at an Operational level we have made Profits in excess of £1.8 million which are the direct result from the Debt bought back at 76% discount and the Euro Bonds of 6.9 million reduction of interest charged from 7% to 1%.

Is the BOD going to move some Assets into the new company Clear Leisure 2017 Ltd ?

RKB

[daicaprice] 17/3/2017 10:00

That is a good worked buy at that price.

DC

[daicaprice] 17/3/2017 08:34

All buys and now we're showing as buys.

DC

[daicaprice] 16/3/2017 16:19

I've taken that last 200k,am now more than fully loaded.

DC

[rkbeekeeper] 16/3/2017 15:34

I was trying to post on another thread Top Traders and I messed up my CLP Threads and they are not coming up automatically when I click on the free BB so hopefully when I post this it may correct itself otherwise I am going to get some stick from a Farmer.

RKB

[maxmarilli] 16/3/2017 13:28

Well,for sure this is kept blocked by mms due,in part,to low volumes.....a say in part,because mms can determine the spread and rise in different ways.I strongly beleive that,once passed this level(0.7/0.85p)this will climb at a very fast rate and it could take very few buys from 0.9p to 1.05p,unlike is happening now.....We should find out soon.(maybe the mms tactic is to get as many sellers to ,then ,blast away at first good rns)....See example of 12 sept 16