Pnc Telecom (see LSE:TRIC) Share Discussion Threads

[telina5] 17/7/2009 14:30

Ouch, they are hammering this aren't they. Some interesting movement on MHG for anyone wishing to make some cash back.

[inside2] 16/7/2009 15:16

The problem with you Tarvold is, once again, you clearly haven't a clue. Extended Verification has been going on for three years now and there are a backlog of around 600 companies waiting to get a Tribunal hearing and to date only three have been sorted. As you can see from the article HMRC are delaying Tribunals.

Also just a little research will show you that PNC Telcome plc will get a result at the Tribunal based on recent high court judgement which considers it unreasonable to expect the trader to be aware of a 'trader not present' in the supply chain, even if there were, if due diligence was carried out in this regard.

If you are having trouble with the big words let me know I'm sure I can help.

[tarvold] 16/7/2009 14:13

The only conclusion you can draw from that inside2 is that PTC were either directly involved in a carousel fraud or where an 'innocent party' in a carousel fraud chain. Otherwise they would have received their refund by now.

[albycat2] 14/7/2009 18:51

i have got no idea whats going on BUT at the end of the day even the sceptics have to admit somebody is buying up these shares.Since the 23rd june i reckon roughly 125million shares traded ?????????????

[tarvold] 09/7/2009 14:38

inside2
You really are a clueless moron, you deserve to invest in PTC.

[daithedeath] 09/7/2009 13:34

FILTERED ......FILTERED

[sllab101] 09/7/2009 12:35

You have a very good point iNside............iNside Filtered

[inside2] 09/7/2009 12:16

Dusseldorf - 9 Jul'09 - 10:51 - 872 of 874 (Filtered)


tomboyb - 9 Jul'09 - 11:26 - 873 of 874 (Filtered)


JakNife - 9 Jul'09 - 12:47 - 874 of 874 (Filtered)


The best way to deal with idiots is the filter.

[tomboyb] 09/7/2009 10:26

i would not bother duss. ptc raised 76k at 0.03p. whats the next placing 0.001p.

[dusseldorf] 09/7/2009 09:51

LOL - If you believe that inside2 then unfortunately your plight is even worse than I suspected.

The Board received and accepted a request from Darren Ridge to convert a
GBP50,000 convertible loan note and has agreed to issue and allot 50,000,000 new
ordinary shares at 0.1p per share in accordance with the terms of that note.
This note was included in a tranche of convertible loan notes totalling
GBP500,000 convertible at 0.1p per share at any time for seven years from 29 April 2005 to 28 April 2012.


In addition, the Board received and accepted a request from Darren Ridge to
convert a GBP10,000 convertible loan note and has agreed to issue and allot
10,000,000 new ordinary shares at 0.1p per share in accordance with the terms
of that note. This note was included in a tranche of convertible loan notes
totalling GBP120,000 convertible at 0.1p per share at any time for seven years
from 17 February 2005 to 16 February 2012 which were issued in February 2005.


Don't even know why I'm trying to clarify things to you, I guess I'm just the sort of guy who pulls someone out of a burning building when they want to stay because it's 'lovely and warm'

[tomboyb] 09/7/2009 09:15

tarvold is correct. its an EXISTING loan note conversion. why is it so difficult to see ? so its certainly not a NEW cash injection at all!!

[dusseldorf] 09/7/2009 08:16

Anyone loan note holders who saw it's brief surge to 0.3 is thinking If I don't get out now I never will....as long as the muppets keep buying, this scam of a company will continue

[tarvold] 09/7/2009 02:54

They are conversions of existing loan notes you muppet not a fresh cash injection!
Mostly like Mr Ridge is now trying to offload his shares to try and get some of his cash out of this dog.

[inside2] 08/7/2009 08:46

Another wack of cash for PNC Telecom plc there has to be something going on.

[inside2] 08/7/2009 08:44

Pnc Telecom Issue of Equity





TIDMPTC

For immediate release 8 July 2009

P N C TELECOM PLC

("PNC Telecom" or "the Company")

Issue of Equity

Shareholding

The Board received and accepted a request from Darren Ridge to convert a
GBP50,000 convertible loan note and has agreed to issue and allot 50,000,000 new
ordinary shares at 0.1p per share in accordance with the terms of that note.
This note was included in a tranche of convertible loan notes totalling
GBP500,000 convertible at 0.1p per share at any time for seven years from 29 April
2005 to 28 April 2012.

In addition, the Board received and accepted a request from Darren Ridge to
convert a GBP10,000 convertible loan note and has agreed to issue and allot
10,000,000 new ordinary shares at 0.1p per share in accordance with the terms
of that note. This note was included in a tranche of convertible loan notes
totalling GBP120,000 convertible at 0.1p per share at any time for seven years
from 17 February 2005 to 16 February 2012 which were issued in February 2005.

Application will be made for a total of 60,000,000 new ordinary shares which
will rank pari passu with the existing ordinary shares to be admitted to
trading on AIM.

Darren Ridge currently holds 53,125,000 shares and with the further 60 million
shares his holding of 113,125,000 will represent approximately 11.68% of the
increased issued share capital.

PNC Telecom Plc

Leo Knifton Tel: + 44 (0) 207 251 3762

Beaumont Cornish Limited

Roland Cornish Tel: [phone]

[dusseldorf] 04/7/2009 21:09

tadska - I lived there for two years over 6 years ago, I'm from the UK though

[2trying] 04/7/2009 20:21

Interestingly -

I have a great deal of respect for two posters on this thread
No offence to anyone else

1 - JakNife - he is correct
anything to do with LK is throwing money away

2 - iNside2 - he is correct
this just might explode
and make a tasty profit

sadly they don't like each other !!

if this does a quick spike to 40
you'll have to move the decimal point yourself

i would sell half my holding - which i certainly wish
i'd never bought in the first place !!!

John

[tadska] 04/7/2009 20:07

Dusseldorf
thanks for your comment!
Dusseldorf is nice city, five years ago i lived there for about one month.
Are you from Germany?

[tadska] 04/7/2009 20:03

JakNife
Your comments ( 852 ) makes sence. I will watch this one, maybe will get oportunity for quick profit:)
Thanks for your comment!