I forgot to mention in addition to RF's queries regarding the litigation; I believe the date our case was filed in County court was 11th October 2012, well before the AGM was announced by the company or the 249D lodged. In fact, the 249D was only realised due to the options allocation from the AGM, as mentioned in the notice. It was on the 30th November that the company put out the announcement regarding the litigation.
All this means is, the intention is not to hold the company to ransom just because the 249D didn't go my way, the litigation was already set well before any of this activity.
Again, RF and OM or anyone else for that matter, are welcome to contact me and I'll happily provide further clarification, or alternatively just go to the County court website and see details for yourself. 0404001277
Lastly, as RF asked in question 3 - am I holding the company to ransom for personal gain? I would suggest that a more accurate statement would be that I am doing this due to personal loss rather than personal gain, also RF asks "is there another option" - I really don't know? I tried other options and all seems to have failed so I suspect this has to run its course.
You have to also appreciate that I have significant interest in this company, in fact more so than even some of the the officials in the company, so can assure you this course of action didn't come lightly and was definitely a last resort.
IMO DYOR
MOT Price at posting:
0.1¢ Sentiment: Hold Disclosure: Held
