DYOR - - - - - - - - - Biom Technologies mid-July 2010 AIM
This is the new resting place for Stanelco, the wonder producer of starch-based food-trays...only they didn't catch on.Over the last 10 years to 2010 the 0.1p shares traded abour 2.5p then shot up to 24p during 2005 with promise of Tray-Trials I understand. Within a year or so, they fell to new depths and finished at 0.2p Of course they were full-list then and some were held in ISA's hoping there would be a big profit...only now these are distressed sales as the Company slunk off to AIM, presumably "...to provide better shareholder-value"
Perhaps someone closer to the Co. can explain why the new name is Biome
....rhymes with Home. Often it is done to remove the previous sp-history.
Could it be..so new investors can bask in ignorance, etc. I'm not aware of any "change" in fortune for SEO, rather the reverse.
In my limited experience, the longer the name of a company the longer you have to wait for any return...Huh . . . . . .
. SEO had been a terrible investment.
DYOR.
Can Biome be any worse...?
EDIT ( 24April2017)- "just woken up" -me not BIOME - sp is 154, but I note about June 2013 there was what looks like a CONsolidation . . do I recall many LT investors were sold-short?... as I believe the (new share) numbers were terrible! . . . Anyone?

Ditto.

Well put Shortie. Ditto!

Another days of No trades, No deals and NO HOPE!

Will the last person out, turn the lights off.

Ooh! It's dark in here! I hope I can find the 1 share that I will be left with on the 15th. It should be somewhere around here in the dust. (Scrabble, scuffle, cough, sneeze!) If I could see to put my cross on my vote it would be against like Shortie's. am I too late?
Hey, 3M has been here! Thanks, I'm fine 3M, been busy of late hence the silence!
Have every confidence that BIOM will be very successful in what they do from now on, whether it be moving to a FTSE 100 company or just going bust! 😊

Pleased your fine kim. Suppose we all have to wait and see what happens with this delightful company. Bust more like it!!!!

Thanks 3M, hope you are in the pink as it were! I have great hope for BIOM, trouble is, I don't know what I'm hoping for! ;o)

Hi Kim,

I take it you are aware of that well know saying, 'Where there is life, there is hope'.

The trouble is, no amount of hopeing will save Biome as it is already dead.

Could there be a miracle raising from the dead in the offing Greek? Probably not or definitely not?! :o)

I know that Jesus was supposed to have fed the 5 thousand and raised Lazarus from the dead, but I think even he would fail to raise Biome from its present state of zombiism.

But if he did, that would be the miracle of all miracles!

I think this chap might have had a better chance!

Big Consolidation today..

The expected timetable of principal events is as follows:

Record Date for the Consolidation and Sub-Division

6 pm on 15 July 2013
Effective time of the Consolidation and Sub-Division

8 am on 16 July 2013
Cancellation of admission of the Existing Ordinary Shares and Admission and dealings in New Ordinary Shares expected to commence on AIM


8 am on 16 July 2013
CREST accounts credited with New Ordinary Shares

16 July 2013
Court hearing to confirm the Capital Reduction

17 July 2013
Certificates in respect of the New Ordinary Shares despatched

by 31 July 2013

I'm rich!!!! Haha! er, oh wait a minute.......no I'm not! :o)

One of my accounts was worth over £2m this morning - and then.......

Now showing as up 214185.7% - if only!!

My final word. Wonder if I can short it??

Well, upwards and onwards from here or down and out; will it be a straight flush! :o)

Looks like my biome has got flushed out of the Halifax Sharedealing Portfolio £2,106.51 seems to have disappeared today I couldn't have had enough shares for the consolidation mmmmm!!!!! Or perhaps they are still working on it, I am at a loss more ways than one.

3m, they exchanged every 430,000 Existing Ordinary Shares that you held for one Consolidated Ordinary Share.
Immediately following the Consolidation, each Consolidated Ordinary Share was sub-divided into 177 New Ordinary Shares and 177 Deferred Shares.

Anything less than 430,000 shares were wiped out.

Shady dealings but what else would you expect with this lot!

Here's what I did with mine - it will save any future heartache!