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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Ransom(William) | RNSM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 5.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 5.50 | 5.50 |
| Top Posts |
|---|
Posted at 29/4/2015 14:25 by deswalker As promised I spoke with KPMG today which was excellent timing as they had done some work on RNSM only this morning so I got bang up-to-date information.After meetings with and written depositions by our management we now firmly believe that the other side do not have a case and we are keen to meet face-to-face to explain why this is so and to make some progress. Such progress will not involve anything beyond a detailed explanation of our position and that will be that. There is absolutely no intention of negotiating any settlement as we believe the case to be without merit. Following such a face-to-face meeting and explanation the other side must then decide whether they want to take it to court with all the costs involved, including our costs if they lose. We will try to dissuade them from going down this route not just because it is obviously in our interests to do so but also because we believe that they would be throwing good money after bad which helps no one, and so it seems sensible to have one final meeting. It may sound like no progress has been made for years and it has been very slow, but we are now much surer of our position than before. We should get an annual report at some point and it is currently being prepared. I shall call again at the end of June for an update. Des |
Posted at 25/6/2013 14:35 by playful Talked with KPMG and was told HMRC have now given clearance on the final payment, but the landlord of the facility shown below has issued a claim to KPMG for outstanding rent, it seems the company that purchased the naturals business from RNSM has gone into liquidation and not paid the rent:They are meeting with the landlord in the coming weeks but KPMG do not feel we should be too concerned and expect to pay circa 0.0153 as final settlement within 6 weeks. Final payment is projected to be circa 0.0153 Already paid 0.028 Total payment = 0.0433 This is not exactly the 5p Sir Roger Jones seemed to think was a certainty. What I am concerned about is despite the fact Sir Roger Jones gave shareholders an assurance that Ran Oren would need to wait until shareholders were fully paid before he received his £200,000 commission for selling the business, it turns out he got the cash before KPMG were even appointed. |
Posted at 18/7/2012 22:48 by playful Interesting snippet on RNSM from Sharesoc:On William Ransom, covered in our last newsletter, we have finally received a response from Sir Roger Jones but it simply referred us to the liquidators. Our reply was that liquidators only have to respond to creditors and shareholders are not technically creditors. So in reality liquidators are unlikely to respond and in practice rarely do so to shareholder questions, even if they have access to the information requested (which in this case they may not).We suggested that his response smacked of evasion. You can see their original article |
Posted at 13/4/2012 12:26 by deswalker Just received an alert from Companies House that a new document has been filed. It is a "First Gazette". I'm currently involved with another Voluntary Liquidation. In that case the Status is shown as "Liquidation". However for RNSM we now have ... which shows the Status as "Active - Proposal to Strike Off". So I'm already puzzled. Also in my other situation their was no "First Gazette" document whereas there is here. Is anyone able to clarify why we are proposing to be "Struck Off" and not being shown as "Liquidation" as one would think ? TIA |
Posted at 09/3/2012 16:42 by thehangman Off to Natural health show 1st2nd April at Olympia I wonder if RNSM will be there.If so will pop and see Fred |
Posted at 04/3/2012 16:10 by investor concerned I was under the impression RNSM/Optima no longer manufactured any products? |
Posted at 04/3/2012 15:22 by playful Woodward's gripe water is in the news today, thankfully we don't manufacture this anymore, but could other RNSM products be questioned?"Under licensing rules, alternative medicines and herbal products cannot make medical claims and labels cannot contain descriptions of conditions it might be used for." |
Posted at 18/1/2012 19:48 by playful You misunderstand me, I'm looking at things from a shareholders perspective so naturally when a RNSM customer has a valid complaint so do I |
Posted at 09/1/2012 13:28 by deswalker ic - it looks like they wanted to sell and had more than one interested party so put the company up for auction with a sale to the highest bidder. It's quite a common way of doing things in the oil and gas industry when a company decides to divest its assets in a particular country or for other strategic reasons. But it's the first time I've heard of it for a small trading company like the Natural Products division of RNSM. |
Posted at 18/12/2011 12:01 by thehangman playfulRNSM dominated this market for years,but Lifeplan are moving strongly into this sector,offering a lower RSP and im told by retailers far lower trade price than RNSM. dyor |
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