Clear Leisure Share Discussion Threads

[mrphiljones] 31/3/2017 09:22

Can you point me in the direction where I've ramped this?......

[rkbeekeeper] 31/3/2017 09:21

Hello

A few trusted posters were made aware that it was finely balanced for an RNS to be issued today. Main reason I believe is because BOD do not like being coerced into doing anything.

There is no requirement to issue an RNS because most of the Eufingest loans are due to expire today, they may not issue an RNS next week and the only time the BOD are legally obliged to issue anything is when it is ‘Market Sensitive’

We would all prefer to have the long awaited ‘Operational Update’, but again this is not happening at present because I continue to inform the BOD of ‘oversights217; at Companies House and this just irritates them even more.

A clear signal has been sent by the BOD today in that they will control the information flow.

As most of you are aware I am limiting my contribution to BB.

What I can share with you (you may want to take a note of the following so that you will be better informed when this information is communicated)

BOD will issue the 2016 Annual Accounts (in GBP) One important part is to look under borrowings and then see what value is documented for ‘Shareholder Loans’

This value should not be greater than 4,711,460. Now if it is a lot less then you can take it from me that this ‘Shareholder Loan’ which is provided by Olivetti, which has a second charge over the Mediapolis Land, has either been reduced by F Gardin to enable this second charge to be removed or to enable a potential new owner to purchase the land.

BOD reduced (yet again) in 2015 results the value of Mediapolis from 20 million to 13 million to fully reflect the actual realistic value.
It is my opinion that the land will be sold for about 13 million or GBP 11 million. F Gardin will be entitled to his 10% which I believe is fair (as he has done a lot of work in Italy to ensure this happens)
Say GBP 4 million to pay some debt back, which leaves about GBP 6 million for shareholders.

If there were about 300 million shares in issue then this would be about 2p per share. Eufingest would pick up about GBP 1.6 million and F Gardin & R Eccles would be able to exercise their warrants (13 million) at 1.25p and just for their warrants they would collect about GBP 260,000 and then our Chairman F Gardin would collect another GBP 100,000 for his current shareholding.

This potential asset sale is only one part of Clear Leisure Plc and I am confident in our BOD delivering what they promised when they joined our company in 2015

R K B

PS I have deliberately put in the Shareholder Loan value as Euro as I am not able to calculate what exchange rate Auditors will use.

[sheep_herder] 31/3/2017 09:20

longshanks, when your gut empties, aim it at Phil. :-)

[longshanks] 31/3/2017 09:02

5. Longshanks' gut is saying today is the day

[mrphiljones] 31/3/2017 08:48

Er why would true believers NEED news today?.....

[longshanks] 31/3/2017 08:46

Please don't forget the "true believers" too.

[mrphiljones] 31/3/2017 08:41

We don't,only the T-traders,gamblers and the desperate here NEED news today.....

[tann93] 31/3/2017 08:38

how do we know 5:30pm will be RNS time?

[sheep_herder] 31/3/2017 08:23

Two please. :-) Tick tock. Perhaps we need RKB back to relentlessly send useless email to the PR guy and the Professor until they capitulate.

[longshanks] 31/3/2017 08:22

How do you like your brimstone sheep_herder: one lump or two?YOU ARE DAMNED I TELL YOU, DAMNED.

[sheep_herder] 31/3/2017 08:18

Or they'll announce a new funding round at 0.6p to repay Eufingest.

[mrphiljones] 31/3/2017 08:17

ROTFLMAO......Nurseeeee Longshanks is off his meds again.....:-))))

[longshanks] 31/3/2017 08:14

9.5 hrs left to wait.At 17:30 today we will have our release: our shackles to gloom severed.Today is last chance saloon for anyone that isn't in it to get their butt in before the ascension arrives.I haven't been this excited in years. The last time I was this excited was when staying in Spondon with a lady called Olga, her 9 cats, her cheap rent and each and every table surface littered with promotional material for the church of the Latter Day Saints.I learned all about the Angel Moroni and Jack Smith: it truly is a most fascinating church. They have a faith built on commandments written on gold tablets that were witnessed by Jack and several others apostles of the church. Those tablets were hidden and have never since surfaced.Well the professor is our very own Jack Smith. Eufingest is the Angel Moroni. We are the apostles that will witness the gold tablets today and in years to come people will wonder at what happened to the tablets. But they will have disappeared because we will be cruising on our yachts, driving our Ferraris, shagging our supermodel girlfriends spending the gains received from this glorious ascension.And we shall all be singing:"Hallelujah- praise be the name of Mediapolis because it has made me rich".

[maxmarilli] 30/3/2017 22:27

Hello friday...

[longshanks] 30/3/2017 22:09

Your failure to appreciate my magnificent gut instinct is understandable Sheep_Herder.

I too am incredulous. It seems so silly to expect anything when the company has failed, over such a long period, to generate any value for shareholders.

However, it is likely to be you that has eggy face when the chips arrive in about 19 hrs time. No dripping applied here: these are triple cooked, crunchy and glorious chips - or so my gut is telling me.

[maxmarilli] 30/3/2017 15:57

anyone can find out the limits,here?

[maxmarilli] 30/3/2017 14:20

Tax year end next week.....another deadline?