I'm scared to mention any more in case Oldoneleg buys a million on Monday morning.
I doubt OLDONELEG has any money left???
Mugs
I'm scared to mention any more in case Oldoneleg buys a million on Monday morning.
I doubt OLDONELEG has any money left???
Mugs
News has been a bit think on the ground from the company over the last 2-3 weeks. I thought that something was supposed to be happening, you know a big deal signed (NOT TALK) or a major aquisition (again, not just talk).
Wonder what's up? perhaps as I write the managment are hard at work with their 'investment bankers' trying to 'secure the new finance'
To All
The meeting took place yesterday and present were around 80 investors, Paul Miller, Paul Morton, David Hirst and Director Udo Shcaar.
Paul Morton gave a clear and concise briefing on where the company had been and was now going. He mentioned this forum as having a damaging effect on securing new funding and the unfortunate link with Paul Richard Bell and John Guchone and that this was now completely dead.
David Hirst explained the accounts and the complexities in gathering the information, which has not only caused major delay in the completion, but also added excessive costs to get to filing point.
Udo Schaar explained the reason's behind some of the management decisions in dropping certain products and technologies, and why the Deutsche Telekom venture had been dropped for the time being.
We have been assured that we will now be getting regular updates on where SOM is and how certain negotiations’ are progressing.
While a number of questions were answered, there are some which need clarification. This will come from IR.
As this is a public forum that is all the information I am willing to divulge.
However on the big question; When will we get our Share Certificates? (which is why this forum was started in the first place)
Sorry guys but we are still no closer than we were when this forum started. In that we must wait for IR to complete the register and once this is complete we are lead to believe that our shares will be released to our nominee accounts or by paper certificate for those who do not have an electronic one.
Keep the faith; all good things come to those who wait.
Cheers
Mugsame
To all Investors, please wake up.
Go to pboyles post 160 and at the bottom he says, "This reminds me of the Biodefence scam".
Biodefense is a company I have 6,000 shares in. It is an American Corporation, an IPO that has developed a machine that in the words of the CEO, "blasts letters with energy in the Maildefenders killing chamber but come out undamaged"
This machine is to fight bio-terrorism, anthrax, smallpox, plague, e-coli, influenza, hiv and botulism.
If you go to the Biodefense website you will see that one of the advisers is non other than General Lord Guthrie, Chief of the Defence Staff British Army (Ret).
To connect this company with a scam is lunacy.
pboyles and anley are profesional derampers, have a look at the 2700 odd posts between them on this site.
I will be incontact with Biodefense Director of Communications Rob Heller to find out if they are proceeding with any legal action for slander by these two.
Regards,
oldoneleg
Any news?
How about the accounts?
What does the guy from 'investor relations' say?
Looks like all the people who attended last month's secret hush-hush meeting were taken for mugs..............
Yes I know this has all been reported before and there has been no word from SOM with regards the TV deal falling through, nor about the Film company filing in Germany???
Mugs
The Das Vierte deal did fall through, that's for certain, the owners of Das Vierte have issued a press release to that effect.
Whats the 'film company filing' in Germany?
Hi PBOYLES
Well SOM have not told us a thing about that? Which unfortunately is no surprise!!
VCL Film + Medien AG, has filed for insolvency is the film company I was referring to. And again no report from SOM???
ON A DIFFERENT NOTE
If any SOM investor who was at the meeting is reading this and they gave the management names of People/Companies/Investment firms who might be willing to invest in SOM, please sign up and let us know if SOM have taken this forward in anyway? I would be very interested to know if the help offered by the investors at the meeting has been taken up by SOM management? It would speak volumes for SOM if they had approached one of the Investors nominated funding routes?
Cheers
Mugs
I see, well Das Vierte themselves issued a press release saying the deal had fallen through. The VCL Film + Medien AG insolvency was reported in the German Financial Times and through other channels. I think we can take both those matters as fact though I will dig up the sources if you want more proof.
Both are bad news for SOM so I'm not surprised that they are not shouting about it.
Here's another nice example of scammers who were a 'legit' company (properly registered etc) operating a pump and dump scam.
http://www.stltoday.com/news/state-...cle_27832c4e-1ae5-58af-b279-e287e6fc8824.html
They sold shares pre IPO and never issued certificates. They also claimed several large acquisitions that turned out to be fake.
Mugs I think the educated assessment has been done a long time ago......and it isn't good.