registerme
Member of DD Central
Posts: 6,196
Likes: 6,006
|
Post by registerme on Nov 29, 2018 17:33:31 GMT
Nor me. But rather than just comment here, I've actually emailed investorcollateral@bdo.co.uk to make sure I'm still listed as an investor. eMail is not foolproof. Ditto - not had a reply though - not even a confirmation of receipt of email. Other half got their copy of the report though. Yep, same here. Emailed them, no reply, no confirmation of receipt of email.
|
|
hantsowl
Member of DD Central
Posts: 672
Likes: 546
|
Post by hantsowl on Nov 29, 2018 17:54:28 GMT
Maybe BDO have used up all the approved funds and need the committee to approve a further advance in order to complete the email distribution
|
|
Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
|
Post by Godanubis on Nov 29, 2018 18:07:59 GMT
Maybe BDO have used up all the approved funds and need the committee to approve a further advance in order to complete the email distribution Let us get them to switch to "No Win No Fee" and restrict that to 10% of recoveries .
We should allow some mince pies and a Turkey sandwich at the next meeting.
|
|
ric
Member of DD Central
Posts: 61
Likes: 35
|
Post by ric on Nov 29, 2018 18:08:19 GMT
On the Buyback Agreements:
thanks for the clarification. Clearly not what I understood from the loan descriptions!!! i guess a bit too late to worry about misleading statements!
|
|
Greenwood2
Member of DD Central
Posts: 4,244
Likes: 2,688
|
Post by Greenwood2 on Nov 29, 2018 21:00:10 GMT
I am glad I didn't put my self forward for the committee., I did suspect it might me a difficult ask, but now looks like an impossible position, they have little or no power so give them some slack. They can only have limited influence on events.
|
|
elliotn
Member of DD Central
Posts: 3,063
Likes: 2,681
|
Post by elliotn on Nov 30, 2018 1:47:35 GMT
On the Buyback Agreements: thanks for the clarification. Clearly not what I understood from the loan descriptions!!! i guess a bit too late to worry about misleading statements! Misleading statements may still have formed part of the review of the conduct of the directors. If not this one (not indicated as legally binding), perhaps others you relied on from the website, say, regulatory permissions. If anything untoward is found, that may lift the corporate veil and allow pursuit of personal assets to help recover investor/creditor losses.
|
|
blender
Member of DD Central
Posts: 5,719
Likes: 4,272
|
Post by blender on Nov 30, 2018 9:42:54 GMT
On 12 Dec, watch out for BDO having converted their charge-out rates into Euros a few days previously.
|
|
tx
Member of DD Central
Posts: 300
Likes: 127
|
Post by tx on Nov 30, 2018 17:17:23 GMT
I emailed the investor BDO address a few times, never had a single reply.
|
|
michaelc
Member of DD Central
Posts: 4,868
Likes: 2,762
|
Post by michaelc on Nov 30, 2018 18:09:03 GMT
Nor Me . How many duds so far? Maybe this could be brought up too I would like to be there when Monetus reads out the list of people who didn't get the email (I'm pretty sure that's not how it would work, I just like the idea) So far at a rough tally we have Registerme Ceejay ih123 Banfly adrianC Alison Travolta Westcountryfunder Luckily no need for Village Idiot, I got a copy. Would there be a logic to sending a PM to Monetus with your email details (probably as curious a list), assuming he would be happy to collate and hand over? Apologies if I missed the relevant post up thread but by "the email" is this the one with a copy of the 6 month report attached? Or was there another one ?
|
|
|
Post by Badly Drawn Stickman on Nov 30, 2018 20:16:20 GMT
I would like to be there when Monetus reads out the list of people who didn't get the email (I'm pretty sure that's not how it would work, I just like the idea) So far at a rough tally we have Registerme Ceejay ih123 Banfly adrianC Alison Travolta Westcountryfunder Luckily no need for Village Idiot, I got a copy. Would there be a logic to sending a PM to Monetus with your email details (probably as curious a list), assuming he would be happy to collate and hand over? Apologies if I missed the relevant post up thread but by "the email" is this the one with a copy of the 6 month report attached? Or was there another one ? That is the main one in question michaelc . sounds like it might be more general for some. No idea why I am getting involved I seem to get them all ok.
|
|
yorky
Posts: 28
Likes: 29
|
Post by yorky on Dec 1, 2018 11:59:07 GMT
Still waiting for my email but have read copy posted on forum.which isnt good news
|
|
stev
Posts: 27
Likes: 42
|
Post by stev on Dec 1, 2018 16:46:07 GMT
Monetus. Has anything been said about the jewellery grouped asset loans? There was quite a lot of money tied up in these as I remember and Collateral did not have physical security of the items. It would be interesting to know whether the borrowers have acknowledged the debt and are still holding the items. I believe the items could be changed over time which would be a further complication. Could this issue be raised with BDO?
|
|
lotti
Posts: 10
Likes: 11
|
Post by lotti on Dec 2, 2018 11:39:41 GMT
Nor Me . How many duds so far? Maybe this could be brought up too I would like to be there when Monetus reads out the list of people who didn't get the email (I'm pretty sure that's not how it would work, I just like the idea) So far at a rough tally we have Registerme Ceejay ih123 Banfly adrianC Alison Travolta Westcountryfunder Luckily no need for Village Idiot, I got a copy. Would there be a logic to sending a PM to Monetus with your email details (probably as curious a list), assuming he would be happy to collate and hand over? You can add me to the list as well....
|
|
|
Post by fisherman on Dec 2, 2018 12:30:59 GMT
And me please
|
|
GeorgeT
Member of DD Central
Posts: 1,321
Likes: 1,575
|
Post by GeorgeT on Dec 2, 2018 13:12:06 GMT
Ditto - not had a reply though - not even a confirmation of receipt of email. Other half got their copy of the report though. Yep, same here. Emailed them, no reply, no confirmation of receipt of email. Well, BDO of London, W1 with £600 an hour, plus vat, partners are now dealing. If you pay peanuts you get monkeys. A cynic would suggest it could be a deliberate ploy though. Once this is raised at the upcoming creditors committee meeting I expect they will refer the matter to some very expensive IT experts who are 'friends' of theirs who will rack up £1,000s more in fees investigating whether people have dropped off the mailing list or else whether the mail server they are using is not configured correctly. I expect this latest error will then require an entire mass mailing to all of the investors and I expect thinking about that and then pressing the button to do it will take them another good few hours in itself... This is the problem with raising their mistakes and inefficiency because it just gives them a perfect excuse to spend lots more expensive hours charged out of our hard-earned cash. To say I am unimpressed with their work so far would be an understatement. Hit the ground running my a***.
|
|