ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 10,921
Likes: 11,148
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Post by ilmoro on Feb 18, 2023 12:03:11 GMT
Interesting addition to the Companies House website. The borrower is issuing up to £1m in 5% convertible unsecured loan notes. Could this indicate that repayment of the loan on MT is imminent? The cynic in me recalls the last loan that issued some bonds to repay an MT loan.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 10,921
Likes: 11,148
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Post by ilmoro on Feb 18, 2023 12:09:22 GMT
Interesting addition to the Companies House website. The borrower is issuing up to £1m in 5% convertible unsecured loan notes. Could this indicate that repayment of the loan on MT is imminent? Interesting, could you put a link in DDc to save lazy people like myself tracking it down? I have oddly mixed feelings, it would in one way be nice to have it repaid and the accompanying doubt removed. It does on the other hand keep slowly chipping away at potential overall losses whilst it is chugging along. Done
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Post by Badly Drawn Stickman on Mar 9, 2023 15:04:32 GMT
This months payment is now showing.
Pay-out as and when I guess. Given only this loan is paying you would think they could just automate the withdrawals to synchronise.
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ganymede
Member of DD Central
Posts: 300
Likes: 207
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Post by ganymede on May 9, 2023 8:46:34 GMT
Another interest payment made. Another withdrawal request now in progress.
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johni
Member of DD Central
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Post by johni on May 9, 2023 22:01:51 GMT
Have they paid less than they should?
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Post by Badly Drawn Stickman on May 10, 2023 6:44:09 GMT
Have they paid less than they should? It does look that way. However given it would probably cost more to 'ask', I was intending to wait a few days to see if it resolves or gets explained.
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archie
Posts: 1,841
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Post by archie on May 10, 2023 6:53:11 GMT
Have they paid less than they should? It does look that way. However given it would probably cost more to 'ask', I was intending to wait a few days to see if it resolves or gets explained. If you look at previous May payments they are all £23.01.
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ganymede
Member of DD Central
Posts: 300
Likes: 207
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Post by ganymede on Jun 12, 2023 17:54:06 GMT
Interest payment expected on the 9th June, paid today the 12th June, still some life in this animal.
I sent my withdrawal request.
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ganymede
Member of DD Central
Posts: 300
Likes: 207
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Post by ganymede on Jul 10, 2023 10:23:19 GMT
10th July received payment for the month, on time, and my withdrawal made. 15th July money appeared in current account.
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badersleg
Member of DD Central
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Post by badersleg on Jul 10, 2023 12:07:17 GMT
£9.86 pfff
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ganymede
Member of DD Central
Posts: 300
Likes: 207
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Post by ganymede on Aug 9, 2023 10:48:21 GMT
Interest payment made - withdrawal request done, before mid day.
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ganymede
Member of DD Central
Posts: 300
Likes: 207
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Post by ganymede on Sept 13, 2023 10:29:49 GMT
Interest payment made on 11th. A little late this month reporting, only got around to making my monthly withdrawal last night.
Might have missed the once a month processing window, as this loan only I think is the only thing crediting accounts.
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picnicman
Member of DD Central
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Post by picnicman on Sept 13, 2023 15:57:54 GMT
ganymede - due on 9th which is Saturday so paid on next working day which is the same process for other payments which fall due on a weekend in the past. Unless I have misunderstood you, can you point to where you have got the once a month payment by MT to investors from? Only asking in that have not made a withdrawl request for a few months as total is under the £10 limit. The last one I made was paid to my bank account about a week after the request. Just making sure I have not missed anything as nothing on general updates. Cheers P
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ganymede
Member of DD Central
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Post by ganymede on Sept 14, 2023 8:16:48 GMT
ganymede - due on 9th which is Saturday so paid on next working day which is the same process for other payments which fall due on a weekend in the past. Unless I have misunderstood you, can you point to where you have got the once a month payment by MT to investors from? Only asking in that have not made a withdrawl request for a few months as total is under the £10 limit. The last one I made was paid to my bank account about a week after the request. Just making sure I have not missed anything as nothing on general updates. Cheers P The amount I have in this loan pays interest of around £40 each month, well over £10 minimum for a withdrawal.
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ganymede
Member of DD Central
Posts: 300
Likes: 207
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Post by ganymede on Oct 9, 2023 8:16:55 GMT
Early in the day payment of this month interest. Withdrawal done.
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