guff
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Post by guff on Apr 4, 2018 15:49:13 GMT
It would also have been good if RR had informed us that they had been told that "… the substantive progress of the administration should be paused".
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guff
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Post by guff on Apr 4, 2018 15:47:53 GMT
But what it doesn't do, is explain why CUK were, and still are, listed on their own website as having IP.
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guff
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Post by guff on Apr 4, 2018 15:38:07 GMT
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guff
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Post by guff on Apr 4, 2018 12:02:02 GMT
I suggested previously that the COL section on DD-C be closed. There can be little if any discussion on loan Due Diligence and when setting up DD-C, the intention was that anything meaningful posted in DD-C gets posted here. Either there is nothing meaningful being discussed in DD-C or that 'rule' is being ignored. Closing the COL section would 'force' all discussion here for the benefit of COL investors without access. I've nothing against DD-C, I just despair of the dozens of rubbish posts that are made just in order to reach a post-count based entry criterion. ( Whinge over ) I think DDC COL is needed now more than ever. There are things it would simply be against forum rules to post here. I've engaged in as much discussion as possible here, to the point of reproducing information I found in DDC so far as it can be posted here. It would be a real shame if the only exchange of such information going forward could be by PM or on another site, meaning it might not even reach anyone willing to share it here. What makes you think that being in ddc makes it safe? After all, the rules for entry are publicised and it only takes 50 bland posts to get the key. I can imagine that there is already some sort of supposed forbidden presence there, even if it's only friends or family of platform representatives.
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guff
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Post by guff on Apr 4, 2018 10:49:00 GMT
One could be forgiven for thinking that Marc is reading this thread.
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guff
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Post by guff on Apr 3, 2018 16:18:24 GMT
<snip>I was told by a V helpful lady that Collateral are not on their system because " they are not FCA Authorised". I have no idea how this squares with the fact that The FCA acknowledges (I believe) that COLL had previously held Interim Permission at least. <snip> There website certainly did/does.
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guff
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Post by guff on Apr 3, 2018 13:46:14 GMT
In engineering, a draft report would be stamped as such on every page and a formal report would not be signed off until ready for release: Do similar practices not exists in financial circles? It's usual practice for a draft report to be stamped draft it is also usual practice for it not to be signed until it is finalised and distributed. Interestingly, the signature in the letter and the signature in the leaked report appear to be identical (ignoring resolution and compression artifacts) which could lead one to speculate about how and why…
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guff
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Post by guff on Apr 3, 2018 11:54:57 GMT
I have received a response from the Administrator concerning the report dated 23rd March.
In engineering, a draft report would be stamped as such on every page and a formal report would not be signed off until ready for release: Do similar practices not exists in financial circles?
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guff
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Post by guff on Apr 3, 2018 11:51:37 GMT
See my post above yours ..I think he’s referring to that It's on DDC. If you'd like a copy PM me. Thanks averageguy, I have the letter and found the leaked report online.
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guff
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Post by guff on Apr 3, 2018 11:40:26 GMT
To be clear, in my post above yours I stated acknowledging receipt of the first report and not the leaked report. Have you received it then, no-one else seems to have? Similarly bemused. I've been back and checked all e-mails from RR and all I received was a letter on 28th February but no report. Am I missing something?
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guff
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Post by guff on Mar 31, 2018 19:47:38 GMT
I suspect this leak of the 23 March report is nothing to do with RR. If they wanted support for their position, everyone would have received it directly from them, with a covering letter. Someone else is driving this. stub8535 probably knows. I don't think we will ever know who is driving this, if anyone, neither, probably does stub8535 but it probably someone close to RR, the Directors or a jilted buyer or a permutation thereof. <snip> At least he knows who sent him the report, which is one link in the chain closer. Has he revealed this information in DDC?
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guff
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Post by guff on Mar 31, 2018 10:06:30 GMT
And this is why MT should merge additional tranches with the original at the earliest opportunity. There's not much that Lendy do better than MT but this is one of them. If I were selling, which I'm not, I'd much rather have 9 chances than 1. It was very useful for replenishing the cash ISA pot before the end of the tax year - sell 1&9 in March, buy 3-8 in April. Try doing that on the good ship SS Cash Cowes.
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guff
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Post by guff on Mar 30, 2018 16:59:39 GMT
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Post by guff on Mar 30, 2018 9:58:35 GMT
Unfortunately we are still in limbo with little other than speculation. I'm prepared to be patient but had hoped for something more definite by now. You have just reached the threshold to become a member of DD Central the Administrator 's report is there which if you take that at face value you might think you have something more definite. Ps i understand the report is on financialthing.com and is publicly available Thank you - it's a shame it's been hidden from some of us for so long and for no apparent reason that I can see… www.financialthing.com/wp-content/uploads/2018/03/Collateral.pdf
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guff
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Post by guff on Mar 29, 2018 20:48:00 GMT
The FCA website showed that C(UK) had interim permissions. It now shows that the permission is lapsed and was used by C(UK) between 24/3/2016 and 29/01/2018: Yes but as others have already stated this interim permission does not relate to the company of a similar name which is now in administration You mean Collateral (UK) Limited? Listed as a previous name between 24/3/16 and 29/1/18 on the FCA website? Or another company?
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