Reply to: Cannot pay VAT/PAYE due to Director's Loan - Need Advice !

[ASB]

I believe the stock is way undervalued and it can get to $0.03-$0.05 within next 3 months. Long term target $0.10 at least.

Will wait for next quarter fins to come out.

I believe that with all my bottom drawer crud. I am usually wrong.

[northernladuk]

I believe the stock is way undervalued and it can get to $0.03-$0.05 within next 3 months. Long term target $0.10 at least.

Will wait for next quarter fins to come out.

But they can't be long term as you have a debt to pay by August and the fines you will incur by not paying will damage the expected profits.

[deeniguy]

Still a significant improvement on when the OP bought them, though.

I believe the stock is way undervalued and it can get to $0.03-$0.05 within next 3 months. Long term target $0.10 at least.

Will wait for next quarter fins to come out.

[TheFaQQer]

Today: $0.0098

Still a significant improvement on when the OP bought them, though.

[Taita]

NWGC are up significantly since April. So maybe the OP should sell those and pay back the loan - the high before May 21st was $0.0017 and they are now trading at $0.0129. $850 in at the April / May peak returns $6450 today.

Today:

$

0.0098
Change
-0.0007 -6.67%

Volume
1.86m
Jun 11, 2014, 11:01 a.m.

Day low

Day high

$0.0098

$0.01

[deeniguy]

Note that my intention for both were long term, so im very confident both will boom in a years time. Sadly, due to my current financial situation, i'll have to sell some if not by HMRC's agreed deadline. Expecting NWGC to move quicker than FROZ IMO.

[TheFaQQer]

How quality investments those. They saw you coming

NWGC are up significantly since April. So maybe the OP should sell those and pay back the loan - the high before May 21st was $0.0017 and they are now trading at $0.0129. $850 in at the April / May peak returns $6450 today.

[eek]

The two stock tickers are FROZ & NWGC on the US OTC market

How quality investments those. They saw you coming

[Taita]

The two stock tickers are FROZ & NWGC on the US OTC market

OMG No!

[deeniguy]

The two stock tickers are FROZ & NWGC on the US OTC market

[speling bee]

What stock did you invest in? I'm looking for a way to invest my companies money too.

+1. I've got a nice wodge of cash sitting around that I need to pay my CT with, and I wouldn't mind making a tidy profit on it over the next few months.

[JoJoGabor]

What stock did you invest in? I'm looking for a way to invest my companies money too.

[ASB]

I've called them up and explained my situation, they were pretty lenient and understood the situation. We agreed to pay it all off by end of August so i have just under 3 months to sort this out and im pretty optimistic

Good luck. It is really important to keep to an agreed schedule.

[deeniguy]

I've called them up and explained my situation, they were pretty lenient and understood the situation. We agreed to pay it all off by end of August so i have just under 3 months to sort this out and im pretty optimistic

[TheFaQQer]

If you are planning on ignoring them, at least make sure you file an accurate VAT return. The penalties for not doing this are significantly worse than just not paying, eg. a deliberate and concealed error that you only disclose when HMRC prompt you for the facts gives rise to a penalty of between 50 and 100% of the amount due.