Itsarm Share Discussion Threads

[firestorm911] 24/3/2023 11:59

Yes, it is worth it as a cash shell now.



Mcap is pretty low. Perhaps wait for 0.1p

Regards,
F911

[babbler] 24/3/2023 11:59

A cash shellWith no cash.

[tomboyb] 24/3/2023 11:57

Its a cash shell now -

And it is still listed so something back -

[valuetracker] 24/3/2023 11:57

Cash shell. Result.

[genghis_khan_] 24/3/2023 11:56

no vote

C

[tomboyb] 24/3/2023 11:55

n The Style Group plc

Result of General Meeting



In The Style Group plc (AIM: ITS) ("In The Style" or the "Company" ), announces that, following the General Meeting held earlier today, the Sale Resolution was duly passed by Shareholders on a poll.

It is therefore expected that Completion of the Sale will occur on 27 March 2023.

The Cancellation Resolution did not pass. Accordingly, admission of the Company's Ordinary Shares to trading on AIM will not be cancelled on 5 April 2023.

As set out in the Circular, the Company intends, as soon as practicable, to implement a members voluntary liquidation ("MVL") of the Company in order to distribute the net proceeds of the Sale received by it. However, while these net proceeds are expected to be approximately £500,000, the Company will need to deduct the additional costs and expenses associated with the MVL, as well as the general administrative costs of now having to remain an AIM-quoted company, before the distribution of any residual value can be made to Shareholders.

On Completion, the Company will become an AIM Rule 15 cash shell, with no operating business. As the Company does not intend to enter into a Rule 14 Transaction, the Company's Ordinary Shares would be suspended from trading on AIM six months after Completion (expected to be 27 September 2023), pursuant to Rule 40 of the AIM Rules, if the MVL has not been concluded by that date. Admission to trading on AIM would be cancelled six months from the date of suspension.

[tomboyb] 24/3/2023 11:54

it is over -

Shares will NOT be cancelled though!

[ridingthewaves1] 24/3/2023 11:46

Be very careful only an rns with actual news

[ridingthewaves1] 24/3/2023 11:46

Watch how some will lie and start posting fake info to get people buying saying the vote is no so they can dump

[genghis_khan_] 24/3/2023 11:22

Not today, no vote, people get a company will have to find another solution.

Maybe a white knight will come.

[genghis_khan_] 24/3/2023 11:10

I bought nearly 300K in all; no vote has leaked. MMs played a blinder here

[rakepat37] 24/3/2023 11:10

Here to make money - it's called trading long , short , but , sale ... watch the market and make money

[rakepat37] 24/3/2023 10:46

Looks like it's a no vote - time to buy up as much as you can

[firestorm911] 24/3/2023 10:21

What about a No vote?

They may have to re-appraise; I believe there's cash. People could force an EGM and need about 10% votes for EGM.

It is rising due to no vote; they need 75%. Maybe news have leaked about the no vote


Regards,
F911

[tomboyb] 24/3/2023 10:16

Only hope is a white knight -

That has not transpired yet -

Wish you guys the best -

[firestorm911] 24/3/2023 10:11

Looks like the worm is turning guys.

Good luck bulls. Rooting for you..

Regards,
F911
RMC

[zen12] 24/3/2023 10:05

Ignore these serial shorters / derampers, back towards 6p on no vote lol

[firestorm911] 24/3/2023 09:04

Good luck to you.

May take a punt after the news if Yes, but there could be administration after close; we are dealing with a bunch of scamsters here.

Regards
F911
RMC

[moonshine3] 24/3/2023 08:42

I am afraid there could be a spike down before 12.00.

I may throw £500 on it at 0.25p for fun; it goes to 0p. I would not miss it. People 10K or more for gambling are crazy at 1.8p

[firestorm911] 23/3/2023 21:44

Good evening all gamblers

I expect it to boom tomorrow after the news of NO; however, it could be tricky if the scammers put in administration.

Good luck to some people here; MadMong got liquidated. Miraculously if it booms, he bought; if it's administration, IT miraculously sold at a profit when IT was buying at 1.8p, claiming FOMO. Shame this lowlife ruined the thread, with his vile posts, glad ADVFN removed them.

Best to ignore these people.

Rooting for the bulls here; the odds are stacked again gamblers though there are many time counting irregularities via proxy.

Unless you have the crest account, you never know if Nominee sent the votes.

Administration will come at some if No vote, perhaps not tomorrow, but slight possibility after 16:35 close.


Fear not, my friends. We all know it's a do or die.


Regards,
F911
RMC

[no pah king] 23/3/2023 19:41

Indeed it's happy Friday, Chez Mrs TT, double teaming happy Friday.

The poor woman married a total loser who claimed £7.5K loss is nothing, already down -50%.

[turbotrader2] 23/3/2023 18:21

Fun tomorrow

[1speedster] 23/3/2023 18:04

Is delisting tomorrow if a yes vote?