.

So what now for the P.I's that hold this. Where do they go from here? What about L&G are they still in? We all know the story but what about some advice as to what happens from here.

MS

mickey you cant do anything until the debt is made clear it looks like the debt is higher then the assets in which case pis will not get any money back.you are stuck in as the shares are none tradeable at the moment.

The latest announcement says it all. It is a shell and won't trade. If someone wants the company for the tax losses (not certain as there are loads of companies around like this) then the company would probably be sold for those losses. The price would be pretty low and the money would be used to pay creditors. I doubt that there would be anything left over for shareholders. The bank are not going to give them any more money due to their ability to lose the bank's money in the first place so they aren't going to trade. I suppose one of the next major events will be EVS delisting from AIM unless someone wants to buy them for the listing and then change the name.

"Following the disposal, Envesta is a shell with historical capital losses of 10.7 million, owing funds to the bank of approximately 900,000 (assuming none of the contingent element of the Seven consideration is paid) with creditors of approximately 170,000, and will therefore require the continued support of its bank and creditors. The Directors are at present reviewing possible alternatives for the Company and a further announcement will be made in due course."

on the plus side i understand an LSE listing is worth about 500k....an asset but a mere drop.

haystack
i appreciate what you say, and you have gone some way to redeem yourself in my eyes. the point is that many novices have lost a lot of money here. they are the future of investing and need nurturing. what is NOT needed is a bb full of " i told you this was shit " AFTER the event. ( i dont include you btw as you have been bearish as long as ive had this share ).

Impending news?

Remember DYOR

come on annbar--give us a clue!!

How long can shares be suspended for,anyone?

there is no time limit

I have seen AIM shares suspended for more than a year.

your money ( and mine ) is history......move on and get it back elsewhere......still hoping for a minor miracle tho.

hi superrod,what do you think may happen at best?,dont need to know the worst as that is OBVIOUS,thx

capetown
only have 109k, so really cant be arsed to bother with this.a minor punt that failed miserably. i put it down to experience.
at worst ZILCH
at best?......BT offers to buy for 100million.
sorry to be flippant, but there IS no best imo.its nothing or 100 times that....ie NOTHING
hope you are not too badly burnt here.

luckily bought 40ks worth of PRTY sub 87p on a T10.....still 6 days to close :o)))

a result AT LAST.

Thx superrod,good luck to you

Our apologies re post 1624. Our source thought news was about to break and this obviously has not been forthcoming. Should anything break and we are about we'll let you know post haste.

Remember always DYOR

Any more news !!

Looks like this is now truly dead and buried! RIP!

What is happning in this case you just loss all your share !!

We thought it would be nice with a friendly start to the new year.

Remember to DYOR

I did Annbar but still--we all make mistakes!! resigned to the loss now. happy new year and some good profits to you.

what about all those lose ends cash shell with no cash looking for opportunites ???
has kevin Jauncey got another job yet ???