Jaydee
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Post by Jaydee on Dec 4, 2019 19:06:55 GMT
The admission document states 8.00am on 5th December 2019. The good news, right now its still showing as 05/12/19 on pending applications page (unlike the previous 2 attempts where it changed the prior day to the scheduled listing). Fingers crossed the bonds fly off the shelf in the morning and the money we are owed plus interest is promptly repaid to us. Unfortunately the moths got at the paper the Bonds were to be printed on. As this paper is made from one specific tree, found only in the upper reaches of the Amazon and it is a currently protected species, we are now sourcing a scientific establishment that can reproduce this paper from synthetic properties. Our timescales, at best guess, is that the paper should be with us on Friday (7th December 2035) and this should enable repayment to lenders on the following Monday, providing our ink hasn't dried up and gone crusty.
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upperdeane
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Post by upperdeane on Dec 4, 2019 19:11:31 GMT
The good news, right now its still showing as 05/12/19 on pending applications page (unlike the previous 2 attempts where it changed the prior day to the scheduled listing). Fingers crossed the bonds fly off the shelf in the morning and the money we are owed plus interest is promptly repaid to us. Unfortunately the moths got at the paper the Bonds were to be printed on. As this paper is made from one specific tree, found only in the upper reaches of the Amazon and it is a currently protected species, we are now sourcing a scientific establishment that can reproduce this paper from synthetic properties. Our timescales, at best guess, is that the paper should be with us on Friday (7th December 2035) and this should enable repayment to lenders on the following Monday, providing our ink hasn't dried up and gone crusty. And i thought I had possibly lost the plot ......but it seems others are actually worse than me!
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up
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Post by up on Dec 4, 2019 20:13:44 GMT
Nex website now has a company page for the ready for trading tomorrow. (For Investors > Companies & Prices)
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Jaydee
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Post by Jaydee on Dec 4, 2019 21:19:07 GMT
Good find. I see that listing is for 107,000 securities, with the price being 100p does that mean that the first tranche released tomorrow will net only £107k?
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upperdeane
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Post by upperdeane on Dec 4, 2019 22:14:49 GMT
Good find. I see that listing is for 107,000 securities, with the price being 100p does that mean that the first tranche released tomorrow will net only £107k? Aparrently it's being done in multiple tranches upto max of £25m.
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upperdeane
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Post by upperdeane on Dec 4, 2019 22:46:02 GMT
Good find. I see that listing is for 107,000 securities, with the price being 100p does that mean that the first tranche released tomorrow will net only £107k? Aparrently it's being done in multiple tranches upto max of £25m. I've just emailed my contact to enquire about future tranches.
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archie
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Post by archie on Dec 5, 2019 8:13:24 GMT
The admission document states 8.00am on 5th December 2019. My mistake, I thought I had read 9:00am I think the markets open for trading at 9.00am.
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upperdeane
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Post by upperdeane on Dec 5, 2019 8:48:57 GMT
It appears first tranche of bond has listed. £0.1m.
Link on DD-Central.
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upperdeane
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Post by upperdeane on Dec 5, 2019 10:01:43 GMT
Update on MT Site:
"The bond has now been listed. Loan is expected to be repaid within the next few days."
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averageguy
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Post by averageguy on Dec 5, 2019 11:53:45 GMT
Update on MT Site: "The bond has now been listed. Loan is expected to be repaid within the next few days." Ye but how much ..not much info on the site ...quoted price 125/85... with Druces fannying around etc .. I won’t be counting my money until it’s in my account Edit posts on DD central helpful
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keystone
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Post by keystone on Dec 5, 2019 12:12:25 GMT
I'm suspecting that MT thought the entire loan would be repaid via the listing and did not ask how much was being listed. At this rate it will take a good few years to repay the loan.
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upperdeane
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Post by upperdeane on Dec 5, 2019 15:49:02 GMT
I've added some info in MT DD-Central I've just received from my contact re the confusion over listing amounts.
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Post by nbk on Dec 6, 2019 10:08:42 GMT
Can anyone advise what the name of the Bond on the NEX Exchange is - I can see them all listed on the investors page, but unclear which is the one to cover this loan ?
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upperdeane
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Post by upperdeane on Dec 6, 2019 11:01:24 GMT
Can anyone advise what the name of the Bond on the NEX Exchange is - I can see them all listed on the investors page, but unclear which is the one to cover this loan ? Hi nbk, as you don't appear to have access to DD central with lots or pertinent info that unfortunately cant be put here, i've just sent you a PM.
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Post by horsa on Dec 6, 2019 11:11:13 GMT
So far on the NEX exchange 'bond issue' for B******** l**sure has shown no trades for this item. It is only the second day of issue so not trying to be negative, recouping our money may take some time. Looking at the site for development DG7 1TX
on google maps it seems like hilly grassland to me with some sheep & one nice horse on it. Where the 444 holiday chalets go is a mystery to me, but i'm sure the experts in this field (no pun intended) know about this kind of development. Sorry to hear
about the winding down of MT as we all are. hope we escape without to much blood lost.
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