Tuesday 11 October 2016

For Steve ( re Metro Baltic)

Metro Baltic Horizons ;
   All legal cases are notoriously slow , and one assumes Ronan and the team of legals have this one under control.
Remember there are a lot of parties involved .
So , this may be taking longer than anticipated .
Let`s hope for real news in the next accounts by around Christmas 2016 .

   Good luck Steve et Al

        And May

Thx for the reply- ironically FIM from Isle of Man did reply on behalf of the company yesterday to say that the accounts were being prepared now and will be on their website "very shortly". She wouldn't define very shortly, so maybe we will get another investor download in a month or so. Cheers. Steve

  Steve ,

   Thankyou for your efforts in getting an update from MBH . Even If it was via FIM .
Seems to be the rule that many small companies are very unforthcoming with news flow ,which I feel is a shame . Our elders have not yet caught up with the Facetweet generation .

   And May


 £2 for the accounts ,crumbs.
 Think I shall wait for Ronan`s next directive Steve .
 At least Metro Baltic is still alive and in the game .
 Which is great news .

   And May

--------------------------------------------
Nov 5th 2016

Company: Metro Baltic Horizons v James and ors – This was a large company law case that would have been heard in the Isle of Man had it not settled. It concerned an AIM listed company formed to invest in real property in the Baltic states. The Company was suing the directors, investment managers and other advisors for losses it claimed to have suffered from the collapse in property prices. Michael was instructed by Gibson Dunn on behalf of the non-executive directors.

This hopefully means news before Christmas 2016 .

   Good luck All
        And May

2 comments:

  1. Thx for the reply- ironically FIM from Isle of Man did reply on behalf of the company yesterday to say that the accounts were being prepared now and will be on their website "very shortly". She wouldn't define very shortly, so maybe we will get another investor download in a month or so. Cheers. Steve

    ReplyDelete
  2. The accounts are now on Isle of Man companies house if you want to pay £2 for them!

    ReplyDelete