I.T.K Posted March 28, 2014 Share Posted March 28, 2014 So which 'real' Hearts fan is on the steps of the Lithuanian court to give updates today! If anyone has any news please put it here? Fingers crossed for some good news! Link to comment Share on other sites More sharing options...
jamdunc Posted March 28, 2014 Share Posted March 28, 2014 Is it not on Monday? Link to comment Share on other sites More sharing options...
jambo191 Posted March 28, 2014 Share Posted March 28, 2014 Fingers and toes crossed here! Link to comment Share on other sites More sharing options...
alanbauld Posted March 28, 2014 Share Posted March 28, 2014 If you were a real Hearts fan it would be you that would be there ! Link to comment Share on other sites More sharing options...
ceefax Posted March 28, 2014 Share Posted March 28, 2014 Is it not on Monday? There is meant to be a Ukio meeting today and as far as I'm aware, a UBIG meeting on Monday April 7th. Link to comment Share on other sites More sharing options...
jamdunc Posted March 28, 2014 Share Posted March 28, 2014 There is meant to be a Ukio meeting today and as far as I'm aware, a UBIG meeting on Monday April 7th. Ah right. Is that the one that was moved from Friday to Monday? Link to comment Share on other sites More sharing options...
I.T.K Posted March 28, 2014 Author Share Posted March 28, 2014 If you were a real Hearts fan it would be you that would be there ! Shhhhh. you will blow my hobo cover! (I was being sarcastic of course!) Link to comment Share on other sites More sharing options...
va va voom Posted March 28, 2014 Share Posted March 28, 2014 Sergey knows the security guards brother, thats where the updates will come from. Off to creamingmycrustypantscausewewillrelegatedtheyamsatthepinkbusshelter.net for any accurate updates! Link to comment Share on other sites More sharing options...
loveofthegame Posted March 28, 2014 Share Posted March 28, 2014 Fingers crossed to get another part of the puzzle put in place. Big day. Delay, while not disastrous, would be very disheartening for everyone involved with the club... Link to comment Share on other sites More sharing options...
scabber Posted March 28, 2014 Share Posted March 28, 2014 am i missing something but why would the administrator be having a creditors meeting in a court ? Link to comment Share on other sites More sharing options...
ceefax Posted March 28, 2014 Share Posted March 28, 2014 Ah right. Is that the one that was moved from Friday to Monday? Yea I think so. Link to comment Share on other sites More sharing options...
tartofmidlothian Posted March 28, 2014 Share Posted March 28, 2014 Sergey knows the security guards brother, thats where the updates will come from. Off to creamingmycrustypantscausewewillrelegatedtheyamsatthepinkbusshelter.net for any accurate updates! I've heard the chair of the meeting will be live texting Sergey updates as they happen. Pay your tenner and watch this space. Link to comment Share on other sites More sharing options...
HMFC 86 Posted March 28, 2014 Share Posted March 28, 2014 I've heard the chair of the meeting will be live texting Sergey updates as they happen. Pay your tenner and watch this space. May be a bit of time lag on that as Sir Gay will need to put the text through google translate as his Lithuanian is a bit rusty Link to comment Share on other sites More sharing options...
Hannibal Posted March 28, 2014 Share Posted March 28, 2014 its nearly midday in Lithuania, nothing happened yet? Link to comment Share on other sites More sharing options...
SUTOL Posted March 28, 2014 Share Posted March 28, 2014 Anne Budge just arrived at Tynecastle. Don't know if it's significant...... Link to comment Share on other sites More sharing options...
Questy Posted March 28, 2014 Share Posted March 28, 2014 Sergay has Skype from Courts with Bajillions as the interpretor, Coloured Drawings will run across the bottom of the screen for the Tramps that cannot Read Link to comment Share on other sites More sharing options...
jambogjh Posted March 28, 2014 Share Posted March 28, 2014 Nothing will happen until Sir Guys had breakfast Link to comment Share on other sites More sharing options...
Zachearts Posted March 28, 2014 Share Posted March 28, 2014 Sick of hearing about Sergey to be honest, anybody with any real updates would be appreciated. Link to comment Share on other sites More sharing options...
SUTOL Posted March 28, 2014 Share Posted March 28, 2014 Sick of hearing about Sergey to be honest, anybody with any real updates would be appreciated. Anne Budge at Tynecastle, maybe some docs to sign....... Link to comment Share on other sites More sharing options...
I.T.K Posted March 28, 2014 Author Share Posted March 28, 2014 Jamie Borthwick ?@jamiekborthwick 2m Hearts decision postponed in Lithuania due to "lack of technical details" for Ukio's creditors. New meeting to take place within 10 days. Link to comment Share on other sites More sharing options...
JAMBONI Posted March 28, 2014 Share Posted March 28, 2014 meeting postponed..................https://twitter.com/jamiekborthwick Link to comment Share on other sites More sharing options...
Don Dan Posted March 28, 2014 Share Posted March 28, 2014 Feck off who organises these things. Link to comment Share on other sites More sharing options...
hughesie27 Posted March 28, 2014 Share Posted March 28, 2014 Link to comment Share on other sites More sharing options...
Don Dan Posted March 28, 2014 Share Posted March 28, 2014 Why pleasing? Link to comment Share on other sites More sharing options...
topcat Posted March 28, 2014 Share Posted March 28, 2014 Well hopefully the 7th April UBIG meeting will provide the Ukio Bankas Creditors with the required technical details Link to comment Share on other sites More sharing options...
I.T.K Posted March 28, 2014 Author Share Posted March 28, 2014 BBCBMcLauchlin ?@BBCBMcLauchlin 36s A creditors meeting of UBIG who hold a 50% shareholding in Hearts has been delayed until Mon April 7th.#bbcsportscot Link to comment Share on other sites More sharing options...
Don Dan Posted March 28, 2014 Share Posted March 28, 2014 BBCBMcLauchlin ?@BBCBMcLauchlin 36s A creditors meeting of UBIG who hold a 50% shareholding in Hearts has been delayed until Mon April 7th.#bbcsportscot We knew that the other day though. Link to comment Share on other sites More sharing options...
Heartsofgold Posted March 28, 2014 Share Posted March 28, 2014 This is going to turn into a fecking nightmare!! Do they mean more technical details of our offer or what?!?!?!?! Link to comment Share on other sites More sharing options...
2NaFish Posted March 28, 2014 Share Posted March 28, 2014 BBCBMcLauchlin @BBCBMcLauchlin One major creditor of UBIG, Sauliu Bank is unhappy with the price being offered for the shares in Hearts.#bbcsportscot Link to comment Share on other sites More sharing options...
sam Posted March 28, 2014 Share Posted March 28, 2014 This is going to turn into a fecking nightmare!! Do they mean more technical details of our offer or what?!?!?!?! dont think it will be just about hearts. Pretty sure they have more concerns than just us. Link to comment Share on other sites More sharing options...
Heartsofgold Posted March 28, 2014 Share Posted March 28, 2014 BBCBMcLauchlin @BBCBMcLauchlin One major creditor of UBIG, Sauliu Bank is unhappy with the price being offered for the shares in Hearts.#bbcsportscot We could be utterly screwed if they do not accept. Link to comment Share on other sites More sharing options...
Don Dan Posted March 28, 2014 Share Posted March 28, 2014 BBCBMcLauchlin @BBCBMcLauchlin One major creditor of UBIG, Sauliu Bank is unhappy with the price being offered for the shares in Hearts.#bbcsportscot Take it or leave it if they leave it they get nothing. Link to comment Share on other sites More sharing options...
We_are_the_Hearts Posted March 28, 2014 Share Posted March 28, 2014 We are utterly screwed if they do not accept. FTFY Link to comment Share on other sites More sharing options...
Mysterion Posted March 28, 2014 Share Posted March 28, 2014 Brutal. Link to comment Share on other sites More sharing options...
tartofmidlothian Posted March 28, 2014 Share Posted March 28, 2014 BBCBMcLauchlin @BBCBMcLauchlin One major creditor of UBIG, Sauliu Bank is unhappy with the price being offered for the shares in Hearts.#bbcsportscot Squeaky bum time now. Although I suspect this is so our admins and the admins in Lithuania can walk them through the finer details of how it's this or nothing. I hope. Link to comment Share on other sites More sharing options...
sam Posted March 28, 2014 Share Posted March 28, 2014 We could be utterly screwed if they do not accept. they are trying to get as much as they can but when it comes down to it they will accept the offer as they will get nothing if we go breasts up. Link to comment Share on other sites More sharing options...
Sooperstar Posted March 28, 2014 Share Posted March 28, 2014 Squeaky bum time now. Although I suspect this is so our admins and the admins in Lithuania can walk them through the finer details of how it's this or nothing. I hope. That tweet is not in relation to the netting today, but the one which was already scheduled for Monday 7th April. Link to comment Share on other sites More sharing options...
Jambof3tornado Posted March 28, 2014 Share Posted March 28, 2014 Load of shite. Why come out now and question how much they are paying for shares? No panic about money in pot, get season tickets on sale!!! Link to comment Share on other sites More sharing options...
hughesie27 Posted March 28, 2014 Share Posted March 28, 2014 BBCBMcLauchlin @BBCBMcLauchlin One major creditor of UBIG, Sauliu Bank is unhappy with the price being offered for the shares in Hearts.#bbcsportscot UKIO are by far the largest creditor though aren't they? Pretty sure if they vote for it then the other votes don't matter? Link to comment Share on other sites More sharing options...
Don Dan Posted March 28, 2014 Share Posted March 28, 2014 So much for having an accepted CVA subject to and a MoU for the shares. I'm also sure Mclauchlin's confused! Link to comment Share on other sites More sharing options...
Wilson Posted March 28, 2014 Share Posted March 28, 2014 The meeting today ( Ukio) is postponed. Link to comment Share on other sites More sharing options...
Heartsofgold Posted March 28, 2014 Share Posted March 28, 2014 Actually thinking more about it, the ONLY people that will get anything from a Hearts liquidation are UKIOs Creditors due to the secured debt. The UBIG Creditors will get the sum total of feck all. So I tend to agree with what sam says above, they want more for the 50% share holding but it really is a case of take it or leave it cos if they sell to anyone else, the CVA collapses and we get liquidated, meaning less of money to UKIO as a consequence. Link to comment Share on other sites More sharing options...
Sooperstar Posted March 28, 2014 Share Posted March 28, 2014 UKIO are by far the largest creditor though aren't they? Pretty sure if they vote for it then the other votes don't matter? Certainly what we have been led to believe up until this point. Link to comment Share on other sites More sharing options...
redm Posted March 28, 2014 Share Posted March 28, 2014 Might've been handy if they had bothered to notice the absence of these technical details before the day of the actual meeting. FFS. Link to comment Share on other sites More sharing options...
Scotland Posted March 28, 2014 Share Posted March 28, 2014 Link to comment Share on other sites More sharing options...
Jambof3tornado Posted March 28, 2014 Share Posted March 28, 2014 Hardly unusual for meetings like this to be postponed. Get used to it and anyone claiming we will exit admin before the close season is being rather optimistic. Link to comment Share on other sites More sharing options...
Heartsofgold Posted March 28, 2014 Share Posted March 28, 2014 UKIO decision postponed for more 'technical detail' but UKIO administrators still confident it will be voted through. One UBIG creditor wants more cash for UBIG shares in Hearts. So, UKIO vote still looking good and UBIG creditors will get nothing if they don't accept our offer so they will accept at some point. Just a delay really. Where did you get this bit of info BB? Link to comment Share on other sites More sharing options...
Beats Posted March 28, 2014 Share Posted March 28, 2014 Relax. It's in the bag Link to comment Share on other sites More sharing options...
Heartsofgold Posted March 28, 2014 Share Posted March 28, 2014 Relax. It's in the bag And the secret of your calm demeanor? Link to comment Share on other sites More sharing options...
hughesie27 Posted March 28, 2014 Share Posted March 28, 2014 Provided the meeting goes ahead on or before 7 April then this isn't really a delay in the grand scheme of things at all. The earliest we can hope to have the shares purchased is Monday 28th April due to the 20 day cooling off period. So long as there are no further delays for either the UKIO (sometime in 10 days) or UBIG (7th April) meetings then we are still on track for that. Link to comment Share on other sites More sharing options...
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