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    • Admin4

      TAMB CLOSURE ANNOUNCEMENT   09/06/2017

      Following diminishing numbers of visitors to TAMB and the subsequent reduction in TAMB income, it is the intention for TAMB to close definitively from 1st November 2017. TAMB can no longer generate enough advertising revenue to cover the costs of around £300/month to pay for the dedicated server that hosts the TAMB software.  The dedicated server is also older equipment and no longer maintainable, so at some point it would be necessary to migrate the TAMB to a new cloud-based platform. This is quite a large job and would take some time to do. We feel it wouldn't be a worthwhile task given the reduction in traffic and usage of TAMB.  It is the opinion of the TAMB Team that the days of messageboards have largely gone, being overtaken by other platforms. Thank you to all users of the TAMB over the years, and we look forward to seeing you on some other online forums in the future. Since announcing the closure, a number of questions have been asked.

      This is not a "boot in the arse" to Board members to increase traffic.

      It’s worth pointing out to any people wanting to take on the TAMB that they will quickly outstrip any “free” message board system. That’s what happened with the pre-2003 TAMB and also happened during the “current TAMB” in 2003 – 2004. 
      It’s all about the number of concurrent users online. At a point yesterday there were about 150 users online – Invision would be charging $130 per month for that. (https://invisioncommunity.com/buy)

      We would be prepared to do a handover of the domain names that we currently hold to non-profit making group who seriously wants to organise a new TAMB and has the skills and numbers to do it. This would not include existing software or server. We are especially keen that the platform or the name do not fall into the hands of what we can only call bawbags. We need not mention names, but I'm sure members can think of a few. Any new group would have to start from scratch and give TAMB a complete bottom up ‘makeover’ and make themselves financially viable.   We have a couple of people who are willing to offer advice to any serious players. The TAMB Team
    • Admin4

      Further to the Closure Announcement   09/07/2017

      Since announcing the closure, a number of questions have been asked.

      This is not a "boot in the arse" to Board members to increase traffic.

      It’s worth pointing out to any people wanting to take on the TAMB that they will quickly outstrip any “free” message board system. That’s what happened with the pre-2003 TAMB and also happened during the “current TAMB” in 2003 – 2004. hence the "high" cost of keeping the Board going.
      It’s all about the number of concurrent users online. At a point yesterday there were about 150 users online – Invision would be charging $130 per month for that. (https://invisioncommunity.com/buy)

      We would be prepared to do a handover of the domain names that we currently hold to a non-profit making group which seriously wants to organise a new TAMB and has the skills and numbers to do it. This would not include existing software or server. We are especially keen that the platform or the name do not fall into the hands of what we can only call bawbags. We need not mention names, but I'm sure members can think of a few. Any new group would have to start from scratch and give TAMB a complete bottom up ‘makeover’ and make themselves financially viable. We have a couple of people who are willing to offer advice to any serious players. The TAMB Team

ninja-lewis

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  1. No, think they ditched Wonga because of the bad press in the summer. Home kit has logo-less to commemorate McCrae's Battalion and away kit has the Foundation of Hearts logo as a thank you to the fans.
  2. Only the LSE Main Market is fully regulated by the UK Listing Authority with detailed Listing Rules, Disclosure and Transparency Rules, Prospectus Rules etc. AIM is an exchange regulated market. Each company on AIM is required to maintain a Nominated Advisor (Cenkos then Daniel Stewart and now someone else in RIFC's case IIRC). The NOMAD is authorised by the exchange and in addition to advising and guiding the company on complying with its responsibilities under the AIM rules the NOMAD is effectively the regulator for the company's compliance. A simple placing of shares on AIM only requires an Admission Document. In RIFC's case they opted for a prospectus (under the Prospectus Rules), which facilitates issuing debt securities as well. Like all other prospectuses under the Prospectus Rules, it was submitted to the FSA (as was) for approval. That does not relieve the company and its directors of the responsibility for the information contained in the document. The boilerplate text on the Prospectus will contain something like "To the best of the knowledge and belief of the Directors and the Company (who have taken all reasonable care to ensure that such is the case), the information contained in this document is in accordance with the facts and does not omit anything likely to affect the import of such information." AIM could suspend and ultimately expell RIFC for failing to comply with the rules (and the relevant NOMADs could have their authorisation removed) but yes, it would be mainly up to the shareholders to pursue the company and directors.