Pnc Telecom (see LSE:TRIC) Share Discussion Threads

[tarvold] 23/7/2009 10:04

You're just making yourself look silly now inside2.
A convertible loan note is a loan that is convertible into shares. In order to get a loan note you need to lend money to the company, hence the 'loan' in loan note!
The money was lent to the company months ago you muppet and only just converted into shares.

Still not commenting on the share placement at 0.03p!

[tarvold] 23/7/2009 00:20

You've been saying that for years.

Ridge didn't buy £50k worth of shares he converted existing loan notes you muppet.

You also failed to mention the recent placing at a huge discount to the share price at a lowly 0.03p!

[inside2] 22/7/2009 16:58

That 5million sell, at the close makes it 10 million buys to 7 million sells, all the sells were at .05p the rest were buys, albycat. It's getting interesting since Darren Ridge bought £50,000 worth and payed a premium for them, now he didn't do that for fun. I feel sure something positive is brewing.

[albycat2] 22/7/2009 16:24

Well i reckon it was pretty much even buys/sells, probably cairns unloading and it certainly looks like somebody is stakebuilding, no way the mms are holding these volumes ?

[inside2] 22/7/2009 14:36

Things are warming up a little. So far today BUYS 10,286,478, SELLS 2,273,698.




Travold, if you have a problem working that out, don't be afraid to ask.

[inside2] 22/7/2009 11:48

Some of the big words a bit difficult for you?

[tarvold] 22/7/2009 10:22

PMSL. That's the most ridiculous post I've read in a long while.

Should I call you Joe, Darren or Leo?

[inside2] 22/7/2009 10:11

If HMRC continue to apply the Extended Verification process with the same vigor they will end up swamping the system with unsettled claims from comanies in the systen and unable to trade this could impact on the UK economic recovery. I'm surprised the opposition or Vince Cable has not picked up on this, but then there may be cross party support and an agreement not to rock the boat.

[joosepi] 22/7/2009 09:59

HMRC developed a system called 'extended verification' which is applied to certain repayment claims and works to deny payment of any VAT repayment claim if it exceeds a certain amount, if it was in a certain sector – such as mobile phones or computer chips – or the trader had a connection with an MTIC fraud or individual involved in carousel fraud.

"Several traders have challenged HMRC and the extended verification procedure in the courts, the most recent involving Livewire Telecoms Limited. Livewire won its appeal against HMRC and the decision of the VAT Tribunal that it should pay all the £2.2 million of VAT withheld under extended verification. The court ruled that a legitimate trade in a 'clean chain' could not have known of a future fraudulent transaction in a connected 'dirty chain'.

"In May, the trader in the Blue Sphere Global Limited case was also successful in obtaining an order that HMRC repay nearly £1.5 million in VAT withheld by HMRC."

[tarvold] 21/7/2009 09:28

I notice you didn't deny that you are linked to the company inside2.

[inside2] 21/7/2009 09:17

Here is part of an article in today's Times which goes some way in explaining why HMRC is defending it's position so vigorously in the face of so many judgements going against them.



'It also emerged that HM Revenue and Customs has set aside nearly £5 billion to deal with potential claims after a legal victory over VAT by a relative of Ian Fleming, the author. About 13,000 businesses that claim they have overpaid tax have sent in claims in the wake of last year's legal action by Michael Fleming, an Aston Martin dealer'.



Here is the article





Tarvold if you have a problem with the big words just let me know.

[inside2] 21/7/2009 08:34

You haven't a clue between you. LOL

[william-just] 21/7/2009 05:41

trav, he most likley has just averaged down but has no ball to admit it

[tarvold] 21/7/2009 02:11

100,000 shares at 0.09p! You're really splashing out inside2.

So all this time you were ramping away you'd sold out, what a low life you are.

[inside2] 20/7/2009 15:09

Just bought the one I sold for .4p for .09p, nice one.

[sllab101] 20/7/2009 12:10

Hi Tarvold,maybe we could have an AGM with iNside2.

[tarvold] 20/7/2009 09:37

Because he's part of the mangement of the company gary1966, his last post just proved it.

[gary1966] 19/7/2009 21:10

iNside2,

How do you know?

[inside2] 18/7/2009 15:35

I know they were not and I suggest you remove that post.

[tarvold] 18/7/2009 12:09

inside2
You're assuming that PTC weren't complicit in a fraud.

[robandkerry] 17/7/2009 14:41

CBI is a better bet imo.