York Pharma Share Discussion Threads

[jpendle] 24/7/2009 10:04

I knew it was a mistake holdings these, I should have sold and bought McDonalds instead (happy meal of course).

[backinblack80] 23/7/2009 23:58

Yep...saturated!!!

[squire007] 23/7/2009 23:41

is the wall still wet ........!!!!

[topinfo] 23/7/2009 18:20

Yep Digger...True enough.

[jpendle] 23/7/2009 10:26

Don't assume that the directors will suffer, you can bet they have had several more months of pension payments and wages, TS paid off.

And if this turns out to be true to form - if the company is worth anything at all, the directors (probably with TS) will have been arranging a deal to buy up the assets and leave the debts behind them of course.

Just look at Allied Carpets, apparently in administration a few days ago, but the directors and friends buy up the 50 best stores immediately (finance must have been pre-arranged), directors ought to be liable to criminal prosecution if they work in their own interests against the company.

All just a possibility though and I could be totally wrong, but I've seen it before - if you examine lots of the failures you will find someone in the background engineering it to leave debts behind and grab someone elses property. I'll try not to be bitter.

[risk1] 22/7/2009 20:12

at least old sadler yook a hit as well

[topinfo] 22/7/2009 20:02

Come back ULU we will take your 4-5p......

[topinfo] 22/7/2009 20:02

Risk...I was led to believe differently but by the looks of things I was lied too. Bunch of w@nkers and RA is the top of that list.

[risk1] 22/7/2009 20:01

topinfo

I told you last week you have lost your cash m8

bioshark was correct

anything better is a brucie bonus

[topinfo] 22/7/2009 19:57

Kiki....I was informed that they turned down ULU offer as they had something better in the pipeline. I smell a rat here now and think that they will try and take the company private via administration first and that was RA who is a major shareholder gets to keep his highly overpaid job with the chance to start a fresh with York under a diffrent name albeit and we lose the lot. Why didnt they just sell up to ULU otherwise?. I tell you something though if they try that and rip all us shareholders off I will go down the head office and camp out until I get all my money back from them. I dont mind losing all my money and shares in this company if we all lose out, including staff and RA but if they come out of this with more than their shirts on their backs then I for one will be kicking off and may even contemplate legal action. I hate the co with a vengence now and the new CEO seems now as bad as the previous ones.

[topinfo] 22/7/2009 18:58

NOW THATS MY RANTING OVER WITH.....IT BUGS YOU THOUGH HOW USELESS THESE DIRECTORS ARE, THEY ONLY DO SOMETHING WHEN ITS FAR TOO LATE.

[topinfo] 22/7/2009 18:58

York continues to actively pursue alternative funding facilities in order to
repay the balance of the Loan (with accrued interest) to Uluru and to meet its
immediate working capital requirements. If the Company's fund raising efforts
are unsuccessful, this will have a material adverse effect on the Company's
financial position and ability to continue trading.


YOU HAVE BEEN DOING THIS SINCE MARCH AND HAD NO LUCK SO FAR, WHATS GOING TO CHANGE IN ONE WEEK.....I HOPE RA READS THIS BB AND LOSES AS MUCH SLEEP AS SOME OF US THAT HAVE LOST ALOT OF MONEY IN THIS SH*TE COMPANY.

[topinfo] 22/7/2009 18:56

All his supposed credentials working for big pharmas and yet he cant even sell a company that was once worth £200 million quid for £5 million plus a bit of debt. This stinks and its the usual shareholders that will be left to carry the can.

[topinfo] 22/7/2009 18:54

Richard Anderson your credibility goes down every day, you dont give a sh*te about shareholders, all you are concerned about is saving your own skin and maybe keeping your job in a company that will no doubt go into administration and then trade again the following week under a different name, just like other Aim crocks of sh*t.

[topinfo] 22/7/2009 18:52

You know I had every faith in this Guy RA but am wondering now why they didnt just take the ULU offer, okay it may have meant 4-6p per share but thats better than nowt.

[topinfo] 22/7/2009 18:51

There you spineless b@stards, that RA has gone down big style in my estimation, announce news 2 hours after mkt has closed.

Uluru Loan Update (York Pharma)



TIDMYRK

RNS Number : 1308W
York Pharma plc
22 July 2009

?
York Pharma plc
("York" or the "Company")


Update on Uluru Loan Repayment




On 7 April 2009, York Pharma plc announced that Uluru, Inc. ("Uluru") had made
available to York a US$1.0 million short term secured line of credit (the
"Loan"), to allow the Company to continue trading through the period needed to
complete any formal offer by Uluru for the Company under the Takeover Code. On
24 June 2009, the Company announced that discussions between Uluru and the
Company concerning a proposed offer for the Company had been terminated and that
Uluru had given notice to the Company for the full repayment of the Loan
(together with accrued interest) on or by 22 July 2009.


The Board of York today announces it has today paid an amount of US$250,000
representing a proportion of the Loan amounts payable to Uluru and further that
the Board of Uluru has agreed (subject to a continuation of the terms of the
original Loan arrangements between the parties) to a repayment date for the
remaining balance of the amounts payable pursuant to the Loan of Wednesday 29
July 2009.


York continues to actively pursue alternative funding facilities in order to
repay the balance of the Loan (with accrued interest) to Uluru and to meet its
immediate working capital requirements. If the Company's fund raising efforts
are unsuccessful, this will have a material adverse effect on the Company's
financial position and ability to continue trading.


The Company will provide a further update as and when appropriate.


For more information please contact:


+---------------------------------------+----------------------------+
| York Pharma plc | Tel: [phone] |
| Richard Anderson, Chief Executive | |
| Officer | |
| Ian Miscampbell, Chief Financial | |
| Officer | |
| | |
+---------------------------------------+----------------------------+
| Collins Stewart Europe Limited | Tel: [phone] |
| Hugh Field / Adam Cowen | |
| | |
+---------------------------------------+----------------------------+
| Financial Dynamics | Tel: [phone] |
| Ben Brewerton / Emma Thompson | |
| | |
+---------------------------------------+----------------------------+


Collins Stewart Europe Limited, which is authorised and regulated in the United
Kingdom by the Financial Services Authority, is acting as Nominated Advisor and
broker to York Pharma plc and will not be responsible to anyone other than York
Pharma plc for providing the protections afforded to clients of Collins Stewart
Europe Limited nor for providing advice in connection with any other matter
referred to herein.





This information is provided by RNS
The company news service from the London Stock Exchange
END

MSCCKBKDOBKDDOB

[eddiegoldstein] 22/7/2009 18:20

D Day the 29th of July?

[topinfo] 22/7/2009 18:09

RA saying "lets not say anything and maybe ULU will forget we owe them $1 million by end of play today".