holmes9
- 30 May 2008 10:52
too name but a few from swissholmes who are incagold/igd.this will be a missed oppertunity soon.dyor
holmes9
- 30 May 2008 14:32
- 21 of 67
no i cant
HARRYCAT
- 30 May 2008 16:27
- 22 of 67
Curiouser & curiouser! I smell a rat.
holmes9
- 30 May 2008 16:31
- 23 of 67
no rats harrycat results will send this soaring.as soon as next week.
holmes9
- 30 May 2008 16:34
- 24 of 67
drawdown from dec is not yet used 60k.business is exceeding all expectations.another 30k for back up.just too reasure the market nothing is amiss.very tightly held by swissholmes.results very soon
HARRYCAT
- 30 May 2008 16:37
- 25 of 67
So you are encouraging us to buy stock in a company in which you have no financial interest yourself & in which you have no intention of becoming involved. You can understand why we would be sceptical?
HARRYCAT
- 30 May 2008 16:40
- 26 of 67
They're also broke!...........
"IncaGold plc (the "Company") announces that it has today entered into a Secured
Loan Agreement with Fox Capital Limited ("Fox") whereby Fox has made available
to the Company a working capital facility of up to 30,000 to secure the
Company's cash flow position in the near term. The principal terms are that, in
addition to paying interest at a rate of 1.5% above the HSBC base rate, the
Company shall pay a fee to Fox of 25% of the maximum amount drawn down during
the Loan Period which shall be paid to Fox on the Repayment Date."
Dil
- 30 May 2008 16:40
- 27 of 67
lol
relishing
- 30 May 2008 17:00
- 28 of 67
Seems very cruel of Fox to keep this Dog alive (just) and let it bleed to death.
Maybe they should have put it to sleep.
Andy
- 30 May 2008 23:31
- 29 of 67
Holmess
OK, you still haven't answered, why can't you buy?
Dil
- 31 May 2008 00:40
- 30 of 67
You gotta be 18 Andy.
Andy
- 31 May 2008 17:18
- 31 of 67
:-)
holmes9
- 02 Jun 2008 08:50
- 32 of 67
fox are aware of the results.coming very soon.and new trading high.
holmes9
- 02 Jun 2008 11:59
- 33 of 67
and a probable acquasition.dyor
aldwickk
- 02 Jun 2008 13:07
- 34 of 67
Holmes9,
Will you tell us why you can't buy.
aldwickk
- 02 Jun 2008 13:14
- 35 of 67
Ok, now i know.
Under AIM Rule 13, the Secured Loan Agreement constitutes a Related Party
Transaction as Fox is a related party as defined in the AIM Rules for Companies
because it is a substantial shareholder, and two of its directors, Roy Tilleard
and Justin Martin, are directors of the Company. Jonathan Ely, a director of
the Company, is connected to Fox so is also deemed to be a related party.
Richard Holmes, who is the only independent director for these purposes,
considers, having consulted with Dowgate Capital Advisers Limited, the
Company's nominated adviser, that the terms of the Secured Loan Agreement are
fair and reasonable insofar as the Company's shareholders are concerned.
Dil
- 02 Jun 2008 13:16
- 36 of 67
Mental health patients are also excluded from buying.
holmes9
- 03 Jun 2008 08:45
- 37 of 67
before the month end.new trading high as results will prove.dyor
holmes9
- 03 Jun 2008 08:55
- 38 of 67
fox are very happy with the products and sales are excellent.they are right behind this and will continue too do so.not many companies can get cash when needed.why ?.company is now streamlined with no debt.dyor
oilyrag
- 03 Jun 2008 09:27
- 39 of 67
So has their debt to Fox just evaporated. LOL.
holmes9, are you Richard Holmes mentioned in aldwickk's post above.
You kept on about only 150,000 shares availiable, these are only worth about 300. I find it impossible to believe that a purchase of this size would send sp into orbit.
Also you havn't answered the question as to why you cant buy.
Finally, thank you for the tip, but I shall watch from the sidelines for now until my suspicions have been abated.
HARRYCAT
- 03 Jun 2008 09:28
- 40 of 67
Just as a matter of interest, what does 30k working capital buy these days? It hardly covers one director's salary or the lease & running costs for a year on an office. Also, no trades again I see & I bet they would be a nightmare to sell should the occasion arise.
Oily, I suspect he is related to R.H. & not R.H. in person.