UK 11:25 Tuesday, 6 October 2026
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
A 12:08pm 20th January 2016 announcement from Motive Television (MTV) opens with that “On 5 January 2016, Motive Television Plc announced that it had reached agreement with the largest CLN holder to acquire its £1,393,795 of CLN's for £100,000 in cash plus a 5-year warrant to acquire 5% of the company. Completion of that acquisition was scheduled to be completed today”. The 5th January announcement stated that “completion of the acquisition is scheduled no later than 15 January 2016”. Got your dates wrong chaps? And more farce follows…
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Comments
Duck and Dive
It’s a farce. These death row extensions are for Bergen’s benefit otherwise MTV would have done the decent thing and suspended the shares some time ago. I’ve been calling this dog to 0p for three years so I’ve got the Champagne on ice. Good riddance to the worst AIM stock ever.