Share Transfers Agreed/Cooling off period

[blackpoolhibs]

The idiot now saying its Dunfermline.

[Bostonhibby]

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The idiot now saying its Dunfermline.

Booh, we want Hearts, we want hearts.......all together now.

[Jack Hackett]

My heart did a wee dance for a while there

[#FromTheCapital]

To be fair when it is time for hearts to go bust I'm sure that Richard Keys won't be the one sparking the celebrations. Still gave me a semi though.

[blackpoolhibs]

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My heart did a wee dance for a while there

[itslegaltender]

hopefully scare stories will push some of the firms owed money over the edge and move first to shut these Barstewards down.

[CropleyWasGod]

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hopefully scare stories will push some of the firms owed money over the edge and move first to shut these Barstewards down.

It won't.

Firms who are owed money, at least the savvy ones, will know that "shutting them down" will result in their getting no money. Keeping them alive gives some hope that some money will be recouped.

[Springbank]

When even Richard Keys namechecks you as a basket case then you know the games up. He's like a uk wide banderson

[blackpoolhibs]

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It won't.

Firms who are owed money, at least the savvy ones, will know that "shutting them down" will result in their getting no money. Keeping them alive gives some hope that some money will be recouped.

Yip thats true, although i cant understand how they run from day to day now? Surely nobody is giving them credit these days, and if they are how bloody daft are they?

Does anyone know how they are paying bills these days, who is getting bumped, and where the money is coming from?

I was a bit bored. http://www.grapheine.com/bombaytv/we...5a005356c.html

[lapsedhibee]

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It won't.

Firms who are owed money, at least the savvy ones, will know that "shutting them down" will result in their getting no money. Keeping them alive gives some hope that some money will be recouped.

To circumvent this wretched selfishness:

Might it be somehow possible to find out what is the smallest outstanding debt, publish it on here and .netters could raise, say, double what's owed as an incentive to proceed?

[Barman Stanton]

That kickback thread is gold. A shame it's been locked as today was supposed to be when the gypsy fighting guy was giving money back lol.

[MrSmith]

Doe anyone know if they paid us the ticket money for the derby yet?

Due yesterday was it not?

[Craig_in_Prague]

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Doe anyone know if they paid us the ticket money for the derby yet?

Due yesterday was it not?

would also like to know.

This thread is losing track of factual events and info on whether they happened or not.

I guess, allisbarry and very complex.

[Gus Fring]

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Doe anyone know if they paid us the ticket money for the derby yet?

Due yesterday was it not?

Sadly it's unlikely either club would confirm if it hadn't been paid. Hibs have more class than that and Hearts won't want to drop themselves in it. With lack of information to the contrary we have to assume they have paid it.

[Gus Fring]

HEARTS fans who invested in the club’s share issue should receive their shareholder certificates after the forthcoming Annual General Meeting, due to take place in late April.

Formal registration of all ordinary shares purchased is to be done by Hearts officials at the AGM and certificates will then be posted to shareholders. Thereafter, Companies House will be informed that the club has allotted new shares to 
comply with legal procedures.

When a company registers new shares, it must inform the authorities of the allotment within one month. Ukio Bankas Investment Group (UBIG), Hearts’ parent company, has already approved the process.
A Hearts spokesperson told the Evening News: “The club is currently finalising the annual accounts for the period to 30 June 2012 for publication. The 2013 AGM will be held mid to late April and one of the resolutions will be to ratify and finalise the allotment of the shares acquired by fans at the end of 2012 (which UBIG has already undertaken to approve). Once the share issues have been ratified the share certificates will be finalised and issued out to all purchasers.”

Hearts raised £1.1million through the share issue, which ran from October 27 until December 19 last year. A total of 16,325,000 ordinary shares were offered priced at 11 pence each, with the stated aim being to raise £1.79m. Fans rallied at a time when Hearts were threatened with closure due to unpaid tax bills. Their efforts secured the club’s future and helped bridge a funding gap of nearly £2m.

http://www.scotsman.com/edinburgh-ev...-agm-1-2849430

#AllIsBarry #AllVeryComplex

[bingo70]

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Yip thats true, although i cant understand how they run from day to day now? Surely nobody is giving them credit these days, and if they are how bloody daft are they?

Does anyone know how they are paying bills these days, who is getting bumped, and where the money is coming from?

They've had a much bigger income than normal this season so I'm guessing theyve still got funds left in there bank account?

Fedetovas said though they were about 800k short of target for the shares and they needed to sell out every game so I think they're bound to run out of cash soon, the cup final probably bought them a wee bit more time though.

[JeMeSouviens]

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Sadly it's unlikely either club would confirm if it hadn't been paid. Hibs have more class than that and Hearts won't want to drop themselves in it. With lack of information to the contrary we have to assume they have paid it.

They would have had the cash from their league cup ticket sales sloshing about (some of which is probably due to the SFL and/or St Mirren) so this month should've been relatively easy for them cash flow wise. I guess they're relying on ST sales plus the dribble of gate money they'll get to keep them going until the players contracts are up at the end of the season. Probably the next big chance of them running out of cash will be when HMRC's first £0.5M is due, anyone have a date for that?

[Jack Hackett]

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They've had a much bigger income than normal this season so I'm guessing theyve still got funds left in there bank account?

Fedetovas said though they were about 800k short of target for the shares and they needed to sell out every game so I think they're bound to run out of cash soon, the cup final probably bought them a wee bit more time though.

Not as much as winning it would have though

[MrSmith]

Decided to tweet @allisbarry asking if they had paid hibs yet?? guess I'll get eff all back!

[#FromTheCapital]

Ahh the infamous hearts spokesperson. Think il take that report with a tonne of salt

Everything is fine, all is barry

[Peevemor]

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Ahh the infamous hearts spokesperson. Think il take that report with a tonne of salt

Everything is fine, all is barry

Crikey! - even disbelief has gone metric.

[Heedersnvolleys]

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To be fair when it is time for hearts to go bust I'm sure that Richard Keys won't be the one sparking the celebrations. Still gave me a semi though.

:-)

[green glory]

@BarryAnderson_8: #Hearts share certificates to be posted out after the club's AGM: http://t.co/18tUpAJcp7 #HMFC #SPL

The Succulent Yam tweeting the above. I've asked him if the shares are registered at Companies House yet.

[Gus Fring]

If ever any more proof was needed that he just makes this up as he goes along.

@BarryAnderson_8, 3:50 PM, 21 Feb 13

"#Hearts fans: I'm told share certificates will be posted out around mid-March (for those asking) #HMFC"

then

Barry Anderson - Scotsman - 21 March 2013, 10:35

"HEARTS fans who invested in the club’s share issue should receive their shareholder certificates after the forthcoming Annual General Meeting, due to take place in late April"

There's also this one

@BarryAnderson_8
Seems to me Romanov's influence at #Hearts has been diluted. New UBIG board to be appointed. They will have a say in club's future.

Then in the context of whether Romanov still has control

‏@BarryAnderson_8
@TheJamieRyan 16% isn't control. Combined with his other companies' shares in UBIG, it's more than 50%. No need to be on board to control.

[matty_f]

I wonder if he asked why they fed him bollocks about them being out mid-March.

#allisbarry #buttonsuptheback

[green glory]

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I wonder if he asked why they fed him bollocks about them being out mid-March.

#allisbarry #buttonsuptheback

Maybe he likes being fed bullocks,

#suckulentyam

[Gus Fring]

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Maybe he likes being fed bullocks,

#suckulentyam

Are you implying he gets his information directly from Gary Locke?

[green glory]

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Are you implying he gets his information directly from Gary Locke?

Might be a load o' pish if it came from him.

[EdinMike]

As much as I've laughed about this whole saga, like with Rangers/The Rangers I am getting a bit tired of it all now..

Although when I did say the same thing about Sevco, it all went tits up a week or so later...

[Saorsa]

allisbarry#