Share Transfers Agreed/Cooling off period

[Glesgahibby]

This quote is hidden because you are ignoring this member. Show Quote

It's the ante-penultimate, to be pedantic.

Not that I'm Pedantic. I'm Sergey.

IndeedIndeed
Weren't you Sergey yesterday? I'm sure it was my turn today

[Pray4Marc]

#AllIsBarry has spoken.

@BarryAnderson_: UBIG creditors' meeting due Friday, 28 March. Vote expected on release of #Hearts shares - crucial for #HMFC to exit admin. See EN today.

[Ozyhibby]

This quote is hidden because you are ignoring this member. Show Quote

#AllIsBarry has spoken.

@BarryAnderson_: UBIG creditors' meeting due Friday, 28 March. Vote expected on release of #Hearts shares - crucial for #HMFC to exit admin. See EN today.

So it will all come down to whether the shares are frozen?
Exciting stuff.
:-)

[jacomo]

This quote is hidden because you are ignoring this member. Show Quote

#AllIsBarry has spoken.

@BarryAnderson_: UBIG creditors' meeting due Friday, 28 March. Vote expected on release of #Hearts shares - crucial for #HMFC to exit admin. See EN today.

Banderson has never been wrong before, so I'm happy to take this as FACT.

[Pray4Marc]

This quote is hidden because you are ignoring this member. Show Quote

Banderson has never been wrong before, so I'm happy to take this as FACT.

The man could be classed as a compulsive liar. I am more intrigued to see him back track when it all goes wrong.

[GreenLake]

I wonder if these guys are checking to see if any bribes have been placed to get this meeting rushed forward?

http://www.stt.lt/en/

[Ozyhibby]

This quote is hidden because you are ignoring this member. Show Quote

Banderson has never been wrong before, so I'm happy to take this as FACT.

I think he will be right this time.

[Kojock]

This quote is hidden because you are ignoring this member. Show Quote

I think he will be right this time.

Barry Anderson ‏@BarryAnderson_ 3m
UBIG creditors' meeting due Friday, 28 March. Vote expected on release of #Hearts shares - crucial for #HMFC to exit admin. See EN today.

He may be correct about the meeting but how sure is he about the bit in bold ???

[jacomo]

This quote is hidden because you are ignoring this member. Show Quote

Barry Anderson ‏@BarryAnderson_ 3m
UBIG creditors' meeting due Friday, 28 March. Vote expected on release of #Hearts shares - crucial for #HMFC to exit admin. See EN today.

He may be correct about the meeting but how sure is he about the bit in bold ???

We'll find out soon enough. I'm sure his imminent EEN story will be fully sourced, with relevant quotes from the key people involved.

Can't wait!

[carnoustiehibee]

Moral is low in jamboland. Their all shaking like ****ting dogs with the imminent relegation derby looming
This wee snippet by baza-hasny-gottaclue gives the kerb crawlers a much needed shot of arrogance to see them through another painful month

[greenpaper55]

Does not sound as if Lockie is to sure about the outcome

http://www.edinburghnews.scotsman.co...week-1-3347355

[Kato]

So is there an agenda and associated bumph for this meeting on-line?

[jacomo]

This quote is hidden because you are ignoring this member. Show Quote

Does not sound as if Lockie is to sure about the outcome

http://www.edinburghnews.scotsman.co...week-1-3347355

OK, so the only quote is from Locke. Who is probably not the most authoritative source.

And again, why is £50k described as a "token" payment? Why are the shares described as "worthless"? Why no mention of the fact that the courts have frozen the shares? No need for a reply on any of these of course...

[Dashing Bob S]

"Should creditors agree to a share transfer and have it legally ratified..." Seems to be the first admission by EEN that there are two stages to this process, one which is in the hands of the Lithuanian courts.

Assuming Hearts get on the agenda (perhaps doubtful) and then get this transfer agreed (probably straightforward) they will go into the derby in a buoyant mood.

In the bigger picture though, they still need the shares to complete the CVA and the status of the shares is..

[CropleyWasGod]

This quote is hidden because you are ignoring this member. Show Quote

"Should creditors agree to a share transfer and have it legally ratified..." Seems to be the first admission by EEN that there are two stages to this process, one which is in the hands of the Lithuanian courts.

..

Maybe, one day, they will get to the point where they admit that there are 3 stages.

[Gus Fring]

Sceptical about this date. Apparently this is the first anyone at Tynecastle has heard about it.

Hilarious that yesterday the Scotsman/EEN were the **** of the earth for saying horrible things that were untrue and today they are truth bearers because the news is positive?

[jacomo]

This quote is hidden because you are ignoring this member. Show Quote

Sceptical about this date. Apparently this is the first anyone at Tynecastle has heard about it.

Hilarious that yesterday the Scotsman/EEN were the **** of the earth for saying horrible things that were untrue and today they are truth bearers because the news is positive?

Oh Barry...

[7062]

Having read Bazza's 2 stories in today's EEN, he's stated that if the UBIG vote happens and goes HMFC's way they can exit admin.

Putting the frozen shares problem to one side, like most jambos, are they not still waiting on CVA approval from another UKIO creditors meeting? One that's not been scheduled yet?

[CropleyWasGod]

This quote is hidden because you are ignoring this member. Show Quote

Having read Bazza's 2 stories in today's EEN, he's stated that if the UBIG vote happens and goes HMFC's way they can exit admin.

Putting the frozen shares problem to one side, like most jambos, are they not still waiting on CVA approval from another UKIO creditors meeting? One that's not been scheduled yet?

Yes.

I'm like a broken record on this, but there are 3 things that need to happen.

Repeat after me:-

1. UKIO's creditors to formally approve the CVA

2. UBIG'S creditors to approve the transfer of the shares.

3. the Lithuanian Courts to approve the above, including the reversal of the freezing of UBIG's shares in Hearts.

[Weststandwanab]

This quote is hidden because you are ignoring this member. Show Quote

Barry Anderson ‏@BarryAnderson_ 3m
UBIG creditors' meeting due Friday, 28 March. Vote expected on release of #Hearts shares - crucial for #HMFC to exit admin. See EN today.

He may be correct about the meeting but how sure is he about the bit in bold ???

Speculation at best.

This quote is hidden because you are ignoring this member. Show Quote

Yes.

I'm like a broken record on this, but there are 3 things that need to happen.

Repeat after me:-

1. UKIO's creditors to formally approve the CVA

2. UBIG'S creditors to approve the transfer of the shares.

3. the Lithuanian Courts to approve the above, including the reversal of the freezing of UBIG's shares in Hearts.

How many times do you reckon you have told them CWG

[Ross4356]

This quote is hidden because you are ignoring this member. Show Quote

Yes.

I'm like a broken record on this, but there are 3 things that need to happen.

Repeat after me:-

1. UKIO's creditors to formally approve the CVA

2. UBIG'S creditors to approve the transfer of the shares.

3. the Lithuanian Courts to approve the above, including the reversal of the freezing of UBIG's shares in Hearts.

I'm I correct in thinking that no date for the next meeting regarding for no.1 has been set?

[CropleyWasGod]

This quote is hidden because you are ignoring this member. Show Quote

How many times do you reckon you have told them CWG

Pick any number from:-

15

51

1902

[connerg]

This quote is hidden because you are ignoring this member. Show Quote

Moral is low in jamboland. Their all shaking like ****ting dogs with the imminent relegation derby looming
This wee snippet by baza-hasny-gottaclue gives the kerb crawlers a much needed shot of arrogance to see them through another painful month

This is exactly the kind of PR spin the yams have been doing since 1983, maybe longer. Every time they think they might lose a derby they come out with some pish so they get, what the deluded mutant's think is the psychological edge. It has worked in the past but this is a real relagation issue that won't go away if we don't beat them. Bye bye jam tarts.

[7062]

This quote is hidden because you are ignoring this member. Show Quote

Yes.

I'm like a broken record on this, but there are 3 things that need to happen.

Repeat after me:-

1. UKIO's creditors to formally approve the CVA

2. UBIG'S creditors to approve the transfer of the shares.

3. the Lithuanian Courts to approve the above, including the reversal of the freezing of UBIG's shares in Hearts.

I don't know why I thought for even 1 second that Banderson was correct.

I'm going to hang my head in shame.

[CropleyWasGod]

This quote is hidden because you are ignoring this member. Show Quote

I don't know why I thought for even 1 second that Banderson was correct.

I'm going to hang my head in shame.

To be fair to him, there's a couple of nuggets in his piece that are actually correct. It seems that the old phrase,"if you chuck enough mud at a wall, some of it will stick", might be true in his case.

[CropleyWasGod]

This quote is hidden because you are ignoring this member. Show Quote

I'm I correct in thinking that no date for the next meeting regarding for no.1 has been set?

There's none in the public domain. Can't say for certain that it HASN'T been set, but it's unlikely.

[jacomo]

This quote is hidden because you are ignoring this member. Show Quote

Pick any number from:-

15

51

1902

[Springbank]

This quote is hidden because you are ignoring this member. Show Quote

Pick any number from:-

15

51

1902

So anything but 70, zero7, 26, 62 or 135 (approx the amount they "forgot" to pay lady haig's poppy fund, as they dishonoured their own folk)

[Seveno]

This quote is hidden because you are ignoring this member. Show Quote

Yes.

I'm like a broken record on this, but there are 3 things that need to happen.

Repeat after me:-

1. UKIO's creditors to formally approve the CVA

2. UBIG'S creditors to approve the transfer of the shares.

3. the Lithuanian Courts to approve the above, including the reversal of the freezing of UBIG's shares in Hearts.

Sorry, what was that again ?

[Weststandwanab]

This quote is hidden because you are ignoring this member. Show Quote

Pick any number from:-

15

51

1902

Brilliant.

This quote is hidden because you are ignoring this member. Show Quote

Sorry, what was that again ?

Careful that will now be 16 52 or 1903