Share Transfers Agreed/Cooling off period

[Hibernia Na Eir]

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Thought he was in Milan?

who knows, but the footage showed the old dog looking rather glum.

[K-Zazu]

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There's less and less of them prepared to mock us over there now as they've slowly started to realise that the info is accurate more often than not.

They have a thread mocking this thread which is entitled "Financial Meltdown" during a period where they are experiencing a financial meltdown.

Spot on.

[Sergey]

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There's less and less of them prepared to mock us over there now as they've slowly started to realise that the info is accurate more often than not.

They have a thread mocking this thread which is entitled "Financial Meltdown" during a period where they are experiencing a financial meltdown.

It's always amazed me why the Yams didn't get a decent source in LT to feed them information. FBK Kaunas were scammed and they must have had a number of folks who could have drip-fed info as to the financial machinations - yet they trusted Fedotovas and the UBIG spin. Big mistake by them on that one.

I met my contact by accident...simply by asking a leading question an another forum. It turns out that my contact is closer to the action than most. Right in the sights of the current Ukio administrator, Adomonis...who was a nonentity prior to the insolvency/admin.

Amazing how things can spiral - and how speaking fluent Lithuanian can assist.

Nothing wrong with a Bo'ness education

[poolman]

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I live in Smithfield Street and I can report the following: I got my car parked, there is little noise coming from the stadium, the streets are empty and I think the old saying may be right ... The lights are on but no-ones home!

I live in Wardlaw Place, nipped into the Diggers on way home Fae work ( its ma local ) place was nowhere nearly as busy as a usual for a home game

[Jack]

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There's less and less of them prepared to mock us over there now as they've slowly started to realise that the info is accurate more often than not.

They have a thread mocking this thread which is entitled "Financial Meltdown" during a period where they are experiencing a financial meltdown.

Its a disgrace they don't keep the title up to date!

[Jim44]

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I think there is, but the worry for them is that the big team may not even get discussed at said meeting.

Crying shame for the Bonnyrigg c(l)ock(e).

So you reckon Sergey's 'horse's mouth' source is unreliable or an invention?

[Eyrie]

Maybe I'm being dopier than normal, but if it only takes £50k to buy 50% of the shares then why don't Save Hearts In Trouble use the diddie money to buy the UBIG holding and get Budge to buy the other 29% for them from UKIO with a security over the PBS? Save Hearts In Trouble get control earlier and can pay her back the £2.5m over five years as intended. If they don't repay her then she can call in the security and recover her money by selling a prime residential site in south Murrayfield for £5.5m.

Note - the above assumes that the shares are defrosted.

[robinp]

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So you reckon Sergey's 'horse's mouth' source is unreliable or an invention?

In my mind there are 3 possible explanations/outcomes:

There is no meeting and the ADMIN has emailed me and Sergey telling the truth.
There is a meeting and the UBIG administrator lied about it to both me and Sergey during separate email exchanges.
There is a Jambo who has hacked the UBIG administrators email account, can type fluent Lithuanian and is trying to make both Sergey and I to be prize idiots by pretending there is no meeting.

Her details are on the Lithuanian Finance Ministry Website on the appointment page for corporate insolvencies on the listing for UBIG. This isn't rocket science that we have carried out in the last 48hrs; she's the administrator and if a meeting has been called, it is called by her, so she should know.

[CropleyWasGod]

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Maybe I'm being dopier than normal, but if it only takes £50k to buy 50% of the shares then why don't Save Hearts In Trouble use the diddie money to buy the UBIG holding and get Budge to buy the other 29% for them from UKIO with a security over the PBS? Save Hearts In Trouble get control earlier and can pay her back the £2.5m over five years as intended. If they don't repay her then she can call in the security and recover her money by selling a prime residential site in south Murrayfield for £5.5m.

Note - the above assumes that the shares are defrosted.

Because Budge wants control?

In your scenario, she would only have 29% of the shares. If she has invested all that money, she'd want to keep control until she was sure that she was getting it back. For all she knew, the other 71% could be in the hands of f'wits

Besides, the CVA has already been proposed with FOH buying the UBIG (and UKIO?) shares. Don't think it can be changed this late on.

[CropleyWasGod]

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who knows, but the footage showed the old dog looking rather glum.

No wonder. Have you seen the price of a cappuccino out there?

[GreenLake]

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Because Budge wants control?

In your scenario, she would only have 29% of the shares. If she has invested all that money, she'd want to keep control until she was sure that she was getting it back. For all she knew, the other 71% could be in the hands of f'wits

[greenginger]

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In my mind there are 3 possible explanations/outcomes:

There is no meeting and the ADMIN has emailed me and Sergey telling the truth.
There is a meeting and the UBIG administrator lied about it to both me and Sergey during separate email exchanges.
There is a Jambo who has hacked the UBIG administrators email account, can type fluent Lithuanian and is trying to make both Sergey and I to be prize idiots by pretending there is no meeting.

Her details are on the Lithuanian Finance Ministry Website on the appointment page for corporate insolvencies on the listing for UBIG. This isn't rocket science that we have carried out in the last 48hrs; she's the administrator and if a meeting has been called, it is called by her, so she should know.

4th explanation.

There is a meeting and the UBIG admin. thinks you and Sergey are a couple of Russian hit-men working for Vlad and dos'nt want you turning up at the meeting.

[CropleyWasGod]

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4th explanation.

There is a meeting and the UBIG admin. thinks you and Sergey are a couple of Russian hit-men working for Vlad and dos'nt want you turning up at the meeting.

RobinP?

Russian hitmen?

WTF?

[GreenLake]

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4th explanation.

There is a meeting and the UBIG admin. thinks you and Sergey are a couple of Russian hit-men working for Vlad and dos'nt want you turning up at the meeting.

5th explanation. The admins think Hearts are a hornets nest they wish would go away - and they will very shortly if they just do nothing.

[BroxburnHibee]

6th explanation.......robinp, Sergey and Bajillions are all yams at the wind up

[3pm]

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6th explanation.......robinp, Sergey and Bajillions are all yams at the wind up

I thought they were all the same person?

[CentreLine]

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who knows, but the footage showed the old dog looking rather glum.

Archive footage from when he was just getting to grips with the task ahead.

[MurrayfieldHibs]

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6th explanation.......robinp, Sergey and Bajillions are all yams at the wind up

7th explanation.... robinp, Sergey and Bajillions are all Bryan Jackson and this is all part of a cunning plan that will be revealed on the 1st of April

[Greenworld]

I am finding all of this strange why the media silence....Foh silence
...bdo silence...

We say no meeting.........kick say yes meeting...

Or should I just stay silent.....

[Ronniekirk]

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5th explanation. The admins think Hearts are a hornets nest they wish would go away - and they will very shortly if they just do nothing.

True but the converse could be they are sick fed up of Brian Jackson turning up pleading the Special dispensation for Hear7s case and forming a secret branch of a new Heart7 s Supporters Club in Lithuania filled withMafioso and Polit Bureau Types that are corrupt and have Infiltrated the Judiciary ?They have become Sutch hard core supporters they now want to have their secret Meeting right before the Derby to Further Rubber Stamp a New Memorandum Of Understanding which will contain a plan to Annexe Leith and unfreeze the Shares and hand them over to Budge at a ceremony before kick off when it will be formally announce they are exiting Administration and Rudi will be playing in the game
All to far fetched I hear you say it's too hard to Digestive ( only way I could get the biscuits in )

If you are desperate to Believe and Delusional already then they are going to be predisposed to listen to any story being peddled that justifies their Direct Debit Sacrifices They are not like Hobbits and Truth Seekers they will continue to perpetrate the lies the myths as they approach Relegation /liquidation They abandoned Sporting Integrity and now they are just Abandoning Integrity full stop .
The delusion is now so indelibly ingrained in their Sub Consciousness they have nothing left to turn to .They and Ann won't Budge .
In the meantime we have a Party to look Forward to beating Hear7s at Tynie ,admittedly only by one goal and in a game that won't live long in the memory for Aesthetic Football .But we will finally witness them sliding into Oblivion and getting their comeuppance .

[7062]

Just watched the highlights of last nights game. Them v Dundee Utd. And then read Gary Locke:

"To get 13,500 on a Friday night is nothing short of incredible. We can't thank the fans enough."

Come on Gaz. Who are you trying to kid?? For that to be the attendance you're basically looking at a sold out home end and an empty away end (cos there must have only been a few hundred Dundee Utd fans).

[lapsedhibee]

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I thought they were all the same person?

They are, but not as any of the three mentioned.

[Kojock]

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Just watched the highlights of last nights game. Them v Dundee Utd. And then read Gary Locke:

"To get 13,500 on a Friday night is nothing short of incredible. We can't thank the fans enough."

Come on Gaz. Who are you trying to kid?? For that to be the attendance you're basically looking at a sold out home end and an empty away end (cos there must have only been a few hundred Dundee Utd fans).

900 and odd Utd fans.

[greenginger]

http://www.lrytas.lt/lietuvos-diena/...ne-nusauti.htm


This is an article in today's Lithuanian Press about an interview with our Prince. It links in with a Heart of Midlothian search so they must get a mention.

I can't seem to progress from page 1 of the article.

Maybe Google Translate ( Lithuanian Format ) is being overworked by brokebackers at the moment.

[Kaiser1962]

Jamboeyrie on Kickback; "The club's parent company, Forth Investments plc, entered receivership in 1991.Sir Tom Farmer acquired control of the club from the receiver for £3 million and creditors were bumped"

No creditors of Hibernian Football Club were "bumped", in 1991 in much the same way that no one was "bumped" by Hearts in 1905, despite the club being liquidated. In both instances all debts pertaining to the football club (s) were paid post insolvency. Both events were a paper excercise (Farmer had control of Hibs for almost a year prior to administration) and achieved the outcome desired for the respective owners.

In 1991 Hibs could have bumped a lot of debt, as could Hearts in 1905, but they didn't.

Different times, different people, different values from the Hearts of today.

[Springbank]

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Jamboeyrie on Kickback; "The club's parent company, Forth Investments plc, entered receivership in 1991.Sir Tom Farmer acquired control of the club from the receiver for £3 million and creditors were bumped"

No creditors of Hibernian Football Club were "bumped", in 1991 in much the same way that no one was "bumped" by Hearts in 1905, despite the club being liquidated. In both instances all debts pertaining to the football club (s) were paid post insolvency. Both events were a paper excercise (Farmer had control of Hibs for almost a year prior to administration) and achieved the outcome desired for the respective owners.

In 1991 Hibs could have bumped a lot of debt, as could Hearts in 1905, but they didn't.

Different times, different people, different values from the Hearts of today.

I think this is a great post

The saddest part of all this is that the younger generation of jambos don't care that their heroes from 2012 sold their soul and their history to do it.

Bumping the poppy fund but trying to convince the world this was the same club as the club of macrae etc... Ouch.

They've stopped being the club they were
The penny hasn't dropped yet, as this season they engineered "a cause" and it was all an sfa conspiracy etc

But next year all of that gloss and make up gets stripped away
The penny will drop and drop quickly
All it will take is a clutch of poor results to Dumbarton etc

Stage 1 - expect Gary locke to take blame
Stage 2 - demands for new players
Stage 3 - creeping realisation that even if there was no sfa / spfl embargo, they can't afford the quality of player they used to watch during the financial suicide years

Stage 4 - and heres the bit - they'll start walking away, you'll hear things like "Scottish footballs finished"
Never hearts fault you realise
Always someone else's

But same outcome - 5000 crowds max

[Bostonhibby]

No creditors of Hibernian Football Club were "bumped", in 1991 in much the same way that no one was "bumped" by Hearts in 1905, despite the club being liquidated. In both instances all debts pertaining to the football club (s) were paid post insolvency. Both events were a paper excercise (Farmer had control of Hibs for almost a year prior to administration) and achieved the outcome desired for the respective owners.

In 1991 Hibs could have bumped a lot of debt, as could Hearts in 1905, but they didn't.

Different times, different people, different values from the Hearts of today.

All correct, Was a shareholder pre and post 1991 and this was all known at the time, sadly for this generation and mentality of yam there was no "bumping" jeez, you'd think they would be able to know a bumping when they see one by now. If they were used to seeing, never mind interpreting published and certified accounts they'd know this was the case.

Not so much a cheap shot as a desperate sounding distraction even if it was accurate. We are and have been paying our bills for decades. Often to the very same businesses, taxman and charities that they errrrrrrrrr...................bumped.

[matty_f]

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All correct, Was a shareholder pre and post 1991 and this was all known at the time, sadly for this generation and mentality of yam there was no "bumping" jeez, you'd think they would be able to know a bumping when they see one by now. If they were used to seeing, never mind interpreting published and certified accounts they'd know this was the case.

Not so much a cheap shot as a desperate sounding distraction even if it was accurate. We are and have been paying our bills for decades. Often to the very same businesses, taxman and charities that they errrrrrrrrr...................bumped.

It's yam straw-clutching at it's very worst.

[jdships]

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All correct, Was a shareholder pre and post 1991 and this was all known at the time, sadly for this generation and mentality of yam there was no "bumping" jeez, you'd think they would be able to know a bumping when they see one by now. If they were used to seeing, never mind interpreting published and certified accounts they'd know this was the case.

Not so much a cheap shot as a desperate sounding distraction even if it was accurate. We are and have been paying our bills for decades. Often to the very same businesses, taxman and charities that they errrrrrrrrr...................bumped.

Great posts from you and Boston !!
My son and I were both shareholders at that time as well as being friends with STF since the 1960's .
I was also involved in the Mercer fiasco and some of the subsequent " negotiations /discussions" that went on leading up to STF's involvement and everything you write is correct in principle
Smacks of Yam desperation !!

[Pedantic_Hibee]

Have they received their shares yet?!?