David Thorne Update

After the news regarding the breakdown regarding the proposed investment by David Thorne, we contacted him a few days ago to ask him what the current position is. Mr Thorne replied with the following, ” I can say we remain in negotiations and our solicitors remain involved. If there is a way through, clearly we would like to do proceed.Apart from that, any information is best coming from the CEO or Board”

QPR1st are to meet with David Davies and members of the board next Wednesday where we hope some light will be shed on the situation.