Share Transfers Agreed/Cooling off period

[robinp]

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Reading the kickback stuff about the Liths voting for a CVA , has none of them sussed that secured creditors don't get a vote.

I was just going to mention this.

[hibeesdude]

Now excuse my ignorance but weren't the new shares to be ratified at this agm and then sent out.... Did this happen??

[Treadstone]

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Reading the kickback stuff about the Liths voting for a CVA , has none of them sussed that secured creditors don't get a vote.

They prefer to slag this thread rather than read it.

#allisbarry

[Keith_M]

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Now excuse my ignorance but weren't the new shares to be ratified at this agm and then sent out.... Did this happen??

Did anyone even dare to ask about the shares?

[Treadstone]

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Did anyone even dare to ask about the shares?

Some guy on brokeback says he has recorded the AGM from the point where questions were opened to the floor. Needed help to upload somewhere, this was 2 hours ago. I have my doubts as username is 'LoveNgoo'.

[Cabbage East]

I hope he sticks it on youtube, would make quality viewing.

[Gus Fring]

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• Barry Anderson ‏@BarryAnderson_82m
  @TheJamieRyan That doesn't mean they'll just do as he wants though....
  
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• Barry Anderson ‏@BarryAnderson_87m
  @TheJamieRyan @emcpostie As for how they fund themselves, it's up to Hearts. Can't expect fans to keep generating £1m after £1m. 2/2
  
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• Barry Anderson ‏@BarryAnderson_88m
  @TheJamieRyan @emcpostie Lied? Utter horse****. Hearts are self-sufficient in that they're no longer funded by UBIG. That's all. 1/2
  
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• Jamie Ryan ‏@TheJamieRyan1h
  @BarryAnderson_8 I see your lies about Hearts being "self-sufficient" have been uncovered Barry. Club themselves admitted they are not.
  Retweeted by Barry Anderson
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He's replying to the guy now, first time in weeks it seems and he's showing he hasn't got a clue what he's talking about! What a fud this guy is! How has he got a job!?

[The Falcon]

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Reading the kickback stuff about the Liths voting for a CVA , has none of them sussed that secured creditors don't get a vote.

There was a woman trying very clumsily to point this out on a thread I was reading but was basically accused of being a "hobo" and shouted down.

[Spike Mandela]

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• Barry Anderson ‏@BarryAnderson_82m
  @TheJamieRyan That doesn't mean they'll just do as he wants though....
  
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• Barry Anderson ‏@BarryAnderson_87m
  @TheJamieRyan @emcpostie As for how they fund themselves, it's up to Hearts. Can't expect fans to keep generating £1m after £1m. 2/2
  
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• Barry Anderson ‏@BarryAnderson_88m
  @TheJamieRyan @emcpostie Lied? Utter horse****. Hearts are self-sufficient in that they're no longer funded by UBIG. That's all. 1/2
  
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• Jamie Ryan ‏@TheJamieRyan1h
  @BarryAnderson_8 I see your lies about Hearts being "self-sufficient" have been uncovered Barry. Club themselves admitted they are not.
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He's replying to the guy now, first time in weeks it seems and he's showing he hasn't got a clue what he's talking about! What a fud this guy is! How has he got a job!?

http://en.wikipedia.org/wiki/Self-sufficiency

[Treadstone]

http://sport.stv.tv/football/clubs/h...to-buy-hearts/

A consortium of Scandinavian Hearts fans is close to beginning negotiations to buy the club, STV has learned.
The group of four Norwegians and two Swedes has been working to put together a bid to buy out Vladimir Romanov since the summer of last year.
The six are all Edinburgh-educated and consider themselves supporters of the Tynecastle side.
With the help of a team of consultants working in Kaunas, where Hearts majority shareholding company UBIG is based, STV has learned that the group now believes it is in contact with the right people to negotiate a price for the Tynecastle club.
It is further understood that the consortium is confident of agreeing a price to buy Hearts free of their £24m debt, within the budget they have put together for the move.
A source close to the talks said: “They have a team in Kaunas. The team is based there although not exclusively working on Hearts.
“They now know probably who will be able to decide on a sale. There are a few details to clarify.
“In principle the club would be taken on without any of the debt – that’s going to take some form of cash payment to achieve.
“The group is confident it can make an offer that achieves that, but exactly how much is hard to say.
“There is a highest price they are willing to pay. Ideally they would like to be in charge at Hearts before next season begins."
The group, whose intentions were announced in a statement by consultants Crest Sports Group on Wednesday, want to use a governance model that includes fans as members.
In a system that echoes the ownership of football clubs in Scandinavia, the consortium would bring fans on board through a membership scheme.
With the Foundation of Hearts currently working to put together a bid for the 139-year-old club, the Scandinavian group said it has spoken informally with the Foundation and is open to working more closely if a bid is accepted.
The consortium insider added: “They are definitely open to working with the Foundation of Hearts.
“They feel they have to involve some sort of fan ownership and representation in the running of the club.”

[EdinMike]

Take on the club and not the debt ?! Cuckoo..

[Spike Mandela]

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http://sport.stv.tv/football/clubs/h...to-buy-hearts/

A consortium of Scandinavian Hearts fans is close to beginning negotiations to buy the club, STV has learned.
The group of four Norwegians and two Swedes has been working to put together a bid to buy out Vladimir Romanov since the summer of last year.
The six are all Edinburgh-educated and consider themselves supporters of the Tynecastle side.
With the help of a team of consultants working in Kaunas, where Hearts majority shareholding company UBIG is based, STV has learned that the group now believes it is in contact with the right people to negotiate a price for the Tynecastle club.
It is further understood that the consortium is confident of agreeing a price to buy Hearts free of their £24m debt, within the budget they have put together for the move.
A source close to the talks said: “They have a team in Kaunas. The team is based there although not exclusively working on Hearts.
“They now know probably who will be able to decide on a sale. There are a few details to clarify.
“In principle the club would be taken on without any of the debt – that’s going to take some form of cash payment to achieve.
“The group is confident it can make an offer that achieves that, but exactly how much is hard to say.
“There is a highest price they are willing to pay. Ideally they would like to be in charge at Hearts before next season begins."
The group, whose intentions were announced in a statement by consultants Crest Sports Group on Wednesday, want to use a governance model that includes fans as members.
In a system that echoes the ownership of football clubs in Scandinavia, the consortium would bring fans on board through a membership scheme.
With the Foundation of Hearts currently working to put together a bid for the 139-year-old club, the Scandinavian group said it has spoken informally with the Foundation and is open to working more closely if a bid is accepted.
The consortium insider added: “They are definitely open to working with the Foundation of Hearts.
“They feel they have to involve some sort of fan ownership and representation in the running of the club.”

If the ukio/ubig administrators are prepared to write off the large amount of debt(surely not their job) there will be a queue of people willing to buy Hearts. However if they don't and expect it paid then there won't be. Still expect a Hearts insolvency event before anyone does any deals.

Surely this is just a case of someone chancing their arm, nothing to lose.

[brog]

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• Barry Anderson ‏@BarryAnderson_82m
  @TheJamieRyan That doesn't mean they'll just do as he wants though....
  
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• Barry Anderson ‏@BarryAnderson_87m
  @TheJamieRyan @emcpostie As for how they fund themselves, it's up to Hearts. Can't expect fans to keep generating £1m after £1m. 2/2
  
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• Barry Anderson ‏@BarryAnderson_88m
  @TheJamieRyan @emcpostie Lied? Utter horse****. Hearts are self-sufficient in that they're no longer funded by UBIG. That's all. 1/2
  
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• Jamie Ryan ‏@TheJamieRyan1h
  @BarryAnderson_8 I see your lies about Hearts being "self-sufficient" have been uncovered Barry. Club themselves admitted they are not.
  Retweeted by Barry Anderson
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He's replying to the guy now, first time in weeks it seems and he's showing he hasn't got a clue what he's talking about! What a fud this guy is! How has he got a job!?

Seems almost impossible but Allisbarry is getting more stupid by the moment. Hopefully Jamie will ask him if he understands the definition of self-sufficient or whether he thinks a £15mm loan is funding!

[Geo_1875]

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• Barry Anderson ‏@BarryAnderson_82m
  @TheJamieRyan That doesn't mean they'll just do as he wants though....
  
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• Barry Anderson ‏@BarryAnderson_87m
  @TheJamieRyan @emcpostie As for how they fund themselves, it's up to Hearts. Can't expect fans to keep generating £1m after £1m. 2/2
  
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• Barry Anderson ‏@BarryAnderson_88m
  @TheJamieRyan @emcpostie Lied? Utter horse****. Hearts are self-sufficient in that they're no longer funded by UBIG. That's all. 1/2
  
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• Jamie Ryan ‏@TheJamieRyan1h
  @BarryAnderson_8 I see your lies about Hearts being "self-sufficient" have been uncovered Barry. Club themselves admitted they are not.
  Retweeted by Barry Anderson
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He's replying to the guy now, first time in weeks it seems and he's showing he hasn't got a clue what he's talking about! What a fud this guy is! How has he got a job!?

Do you think Banderson used his own photo or typed ugly guy into Google images?

[poolman]

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Seems almost impossible but Allisbarry is getting more stupid by the moment. Hopefully Jamie will ask him if he understands the definition of self-sufficient or whether he thinks a £15mm loan is funding!

Yea, you would think that's the case

But he's making a bloody good shot of it

[Treadstone]

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Seems almost impossible but Allisbarry is getting more stupid by the moment. Hopefully Jamie will ask him if he understands the definition of self-sufficient or whether he thinks a £15mm loan is funding!

Banderson knows he has made a tit of himself and tried to end it. Especially loved his :

Barry Anderson ‏@BarryAnderson_835m
@TheJamieRyan @emcpostie Lied? Utter horse****. Hearts are self-sufficient in that they're no longer funded by UBIG. That's all. 1/2

Thats all. 1/2

[Waxy]

Apparently Roman romanov is to be reappointed a director of Hearts.
Even though the fans don't want him.

[CropleyWasGod]

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Apparently Roman romanov is to be reappointed a director of Hearts.
Even though the fans don't want him.

That's cause the 79% voted for him.

It would be the same at ER. If the fans didn't want Rod, and STF did, it would be no contest.

[Gus Fring]

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Apparently Roman romanov is to be reappointed a director of Hearts.
Even though the fans don't want him.

Voted down unaminously at their AGM, apparently.

[Keith_M]

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Apparently Roman romanov is to be reappointed a director of Hearts.
Even though the fans don't want him.

Just read that. Apparently, the move was overwhelmingly voted against from the floor (ordinary shareholders) but they're going to ignore that and appoint him anyway.

So, who's still pulling the strings at the AllisbarryDome?

[Kato]

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• Barry Anderson ‏@BarryAnderson_82m
  @TheJamieRyan That doesn't mean they'll just do as he wants though....
  
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• Barry Anderson ‏@BarryAnderson_87m
  @TheJamieRyan @emcpostie As for how they fund themselves, it's up to Hearts. Can't expect fans to keep generating £1m after £1m. 2/2
  
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• Barry Anderson ‏@BarryAnderson_88m
  @TheJamieRyan @emcpostie Lied? Utter horse****. Hearts are self-sufficient in that they're no longer funded by UBIG. That's all. 1/2
  
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• Jamie Ryan ‏@TheJamieRyan1h
  @BarryAnderson_8 I see your lies about Hearts being "self-sufficient" have been uncovered Barry. Club themselves admitted they are not.
  Retweeted by Barry Anderson
  Expand

He's replying to the guy now, first time in weeks it seems and he's showing he hasn't got a clue what he's talking about! What a fud this guy is! How has he got a job!?

What he means is that they are self-reliant - as in they have to rely upon themselves to fund their endeavours. "Self-sufficient" means that they can meet their costs, which is a totally different thing. He's not very good with English is ol' Barry.

[Waxy]

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Just read that. Apparently, the move was overwhelmingly voted against from the floor (ordinary shareholders) but they're going to ignore that and appoint him anyway.

So, who's still pulling the strings at the AllisbarryDome?

Hmmmmm.Must be the owners.

[CropleyWasGod]

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Just read that. Apparently, the move was overwhelmingly voted against from the floor (ordinary shareholders) but they're going to ignore that and appoint him anyway.

So, who's still pulling the strings at the AllisbarryDome?

The shareholders have the right to vote for who they want, irrespective of whether they are at the AGM or not.

In this case, whoever had the proxy to cast the UBIG vote would easily have outvoted those present.

[Keith_M]

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The shareholders have the right to vote for who they want, irrespective of whether they are at the AGM or not.

In this case, whoever had the proxy to cast the UBIG vote would easily have outvoted those present.

I realise that, I'm just interested in the fact that it is Rodney.

It suggests to me that Romanov is still calling the shots and wants more of a direct presence on the board. What I'm wondering most is just why, and what he's up to.

[CropleyWasGod]

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I realise that, I'm just interested in the fact that it is Rodney.

It suggests to me that Romanov is still calling the shots and wants more of a direct presence on the board. What I'm wondering most is just why, and what he's up to.

It'll be about control and, maybe, limiting damage (moving the locations of the bodies etc )

[Waxy]

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I realise that, I'm just interested in the fact that it is Rodney.

It suggests to me that Romanov is still calling the shots and wants more of a direct presence on the board. What I'm wondering most is just why, and what he's up to.

Probably they'll be wanting him inside for when the admin guys come calling.

[southsider]

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I realise that, I'm just interested in the fact that it is Rodney.

It suggests to me that Romanov is still calling the shots and wants more of a direct presence on the board. What I'm wondering most is just why, and what he's up to.

Something bad i hope......no wait something really bad lol

[ano hibby]

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Since UKio Bankas have a claim on 79% of HMFC shares for the £22m loan to UBIG that Romanov used to clear the overdraft with Bank of Scotland when he took over and then converted to shares that means UkIO Bankas hold 108% if the shares!

Yep they were so long the shares they decided to go short also. Its a Yammish thing we cant begin to understand. Makes perfect sense.

[Gus Fring]

There's been no reply to this. The fact the guy claims he's not lying is what winds me up. If it's not Lies then what else is it? Other Hibbies giving him it tight as well now

Jamie Ryan ‏@TheJamieRyan14m
@BarryAnderson_8 Interview, with Fedotovas, from today where he admits they aren't self sufficent yet! http://www.youtube.com/watch?feature=player_embedded&v=_zPhrWXt-D8&t=25 …Apology?

[Platinum Scotty]

with reference to the muppet Banderson............could it just be that as he is a complete plum he has confused the fact that HaHaHearts wont be able to get any more funding as them being self sufficient?

would really suggest that he is an utter fud if thats the case, but thats the only way i can seem to make any (well partial) sense of his ramblings!