shimself
Member of DD Central
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Likes: 1,171
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Post by shimself on Sept 6, 2017 21:42:47 GMT
You assertion about TC censoring posts is utter rubbish. Who are you and are you by any chance connected with the borrower/guarantor? Shimself, I have documentary evidence of TC removing a post that was well with their guidelines purely on the basis that it did not fit in with Thincat's own view, so please do not dismiss this as "utter rubbish" without any basis at all. A single post, well perhaps. Please pm me if you don't want to post here. Why not address TC's point about "tauv"? WHO ARE YOU AND ARE YOU CONNECTED WITH THE BORROWER/GUARANTOR? Mods can you take a look please, there must be a policy to cover shills and false identities.
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registerme
Member of DD Central
Posts: 6,624
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Post by registerme on Sept 6, 2017 23:39:42 GMT
We're aware of the discussion, we're also aware of the discussion on the TC forum.
EDIT: A more reliable way of attracting mod attention is to "report" a post (even if it's yours). Look at the cog at the top right hand corner of any post. It has a drop down. Click on it and choose "report".......
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Post by p2pspy on Sept 7, 2017 4:55:50 GMT
Shimself, I have documentary evidence of TC removing a post that was well with their guidelines purely on the basis that it did not fit in with Thincat's own view, so please do not dismiss this as "utter rubbish" without any basis at all. A single post, well perhaps. Please pm me if you don't want to post here. Why not address TC's point about "tauv"? WHO ARE YOU AND ARE YOU CONNECTED WITH THE BORROWER/GUARANTOR? Mods can you take a look please, there must be a policy to cover shills and false identities. <<Why not address TC's point about "tauv"?>> I've not seen TC's point about "tauv". Please can you pm me with this.
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Post by p2pspy on Sept 7, 2017 5:04:48 GMT
TC have been pro-active (now a couple of hours ago) in sending out a lender update - in the knowledge of and referencing the posting on this forum. It specifically references that an offer has been made and their reasons for rejecting it. So no particular need for any lender - including me - to 'get in touch' with TC to ensure they are being 'open and honest', unless of course they feel that the TC update is in conflict with what has been posted here and should therefore be challenged (or should be challenged for any other reason). Great to hear that TC have acted. I've not seen the lender update but would like to in order that I can comment on it if appropriate. Can you also send the one from 1st August as I'm concerned that the information they have put out is factually incorrect. Please can you pm me with this?
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panda
Posts: 56
Likes: 23
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Post by panda on Sept 7, 2017 5:11:24 GMT
This loan is the result of a company liquidation in June 2016 and involves a bridging finance company. A very reliable source has told me that Thincats have today refused full settlement of loans to this company totalling £1m. This is the full amount of the debt which would result in lenders getting their full investment returned to them, possibly within days. The refusal of the offer is on the basis that the funds may be at risk of being reclaimed in the event that the payment is challenged by some future liquidation of the company buying the debt from Thincats. I understand that the risk of this happing is negligible and that there are ways of eliminating this risk altogether. Thincats are under pressure from their legal advisers and the Liquidator (yes - they are using the same solicitor!! CONFLICT ALERT!! Exactly who's best interests are the solicitors working for? The liquidator? Thincats? Themselves? ) not to accept payment other than through the liquidator, who has run up costs of over £900k and they of course want to get paid first!! They have run up these costs on a no-win no-fee basis so are way out of pocket and need Thincats on board to ensure their fees are not challenged. It looks like Thincats are bowing to pressure from them rather than ensuring their lenders get paid in full now. If anyone knows any investors in B****** L**** UK they should get in touch with the sponsor W****** F***** or Thincats to ensure that they are open and honest with their investors. If I hear more I'll post it here. P2PSpy P2Pspy I'm a journalist investigating the Peer to Peer market. Please can you pm me with regard to this post. If other users have any additional stories regarding this or similar cases please let me know. Which publication do you work for?
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Post by bracknellboy on Sept 7, 2017 5:45:40 GMT
TC have been pro-active (now a couple of hours ago) in sending out a lender update - in the knowledge of and referencing the posting on this forum. It specifically references that an offer has been made and their reasons for rejecting it. So no particular need for any lender - including me - to 'get in touch' with TC to ensure they are being 'open and honest', unless of course they feel that the TC update is in conflict with what has been posted here and should therefore be challenged (or should be challenged for any other reason). Great to hear that TC have acted. I've not seen the lender update but would like to in order that I can comment on it if appropriate. Can you also send the one from 1st August as I'm concerned that the information they have put out is factually incorrect. Please can you pm me with this? . As you have not received the update, then that confirms you are not a member of the lending syndicate. You continue to fail to answer the reasonable question posed by shimself (and behind the scenes pretty much everyone else), as to what your relationship to all of this is. As regards your request to be sent a copy of the update. You are of course "having a laugh". Given the various proceedings (legal and recovery wise) going on around this, would you really expect anyone to send that to an unknown party. Besides, not surprisingly given teh above, the comms is marked as confidential. Are you encouraging people to breach terms of their arrangements with TC by releasing confidential information to a 3rd party, and an entirely anonymous 3rd party at that.
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pikestaff
Member of DD Central
Posts: 2,187
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Post by pikestaff on Sept 7, 2017 6:44:00 GMT
I'm pretty sure p2pspy is either (former) director/proprietor P**** W*** or someone speaking on his behalf. I have lots of questions I'd like to ask P**** W*** about what he did with our money and why, but this is not the time or the place. Having read the various TC updates and the publicly-available liquidator's report, I know who I trust. I will wait for my money, thank you. |
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shimself
Member of DD Central
Posts: 2,563
Likes: 1,171
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Post by shimself on Sept 7, 2017 7:57:46 GMT
I'm pretty sure p2pspy is either (former) director/proprietor P**** W*** or someone speaking on his behalf. I have lots of questions I'd like to ask P**** W*** about what he did with our money and why, but this is not the time or the place. Having read the various TC updates and the publicly-available liquidator's report, I know who I trust. I will wait for my money, thank you. It's evident he/she/it is the borrower/guarantor/connected party, pretending to be otherwise, doubling down on reasons not to be trusted.
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Post by thincats on Sept 7, 2017 12:57:01 GMT
This loan is the result of a company liquidation in June 2016 and involves a bridging finance company. A very reliable source has told me that Thincats have today refused full settlement of loans to this company totalling £1m. This is the full amount of the debt which would result in lenders getting their full investment returned to them, possibly within days. The refusal of the offer is on the basis that the funds may be at risk of being reclaimed in the event that the payment is challenged by some future liquidation of the company buying the debt from Thincats. I understand that the risk of this happing is negligible and that there are ways of eliminating this risk altogether. Thincats are under pressure from their legal advisers and the Liquidator (yes - they are using the same solicitor!! CONFLICT ALERT!! Exactly who's best interests are the solicitors working for? The liquidator? Thincats? Themselves? ) not to accept payment other than through the liquidator, who has run up costs of over £900k and they of course want to get paid first!! They have run up these costs on a no-win no-fee basis so are way out of pocket and need Thincats on board to ensure their fees are not challenged. It looks like Thincats are bowing to pressure from them rather than ensuring their lenders get paid in full now. If anyone knows any investors in B****** L**** UK they should get in touch with the sponsor W****** F***** or Thincats to ensure that they are open and honest with their investors. If I hear more I'll post it here. P2PSpy P2Pspy I'm a journalist investigating the Peer to Peer market. Please can you pm me with regard to this post. If other users have any additional stories regarding this or similar cases please let me know. If you have a press enquiry, please contact us on 0203 137 7823.
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Post by snowgoose on Sept 8, 2017 6:56:07 GMT
I don't visit this forum very often but I find it incredible how underhand and divisive this thread is.
Is the whole forum like this? If so, it should be shut down. If not, then the moderator should be deleting what is so obviously a blatant attempt attempt to influence the outcome of a loan recovery, for personal gain.
There could be a legal issue here.
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Post by scaevans on Sept 8, 2017 13:18:54 GMT
I don't visit this forum very often but I find it incredible how underhand and divisive this thread is. Is the whole forum like this? If so, it should be shut down. If not, then the moderator should be deleting what is so obviously a blatant attempt attempt to influence the outcome of a loan recovery, for personal gain. There could be a legal issue here. Snowgoose. It's called freedom of speech. p2pSpy. I'll send you a pm with my direct contact details. thincats. I'll be in touch in due course.
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panda
Posts: 56
Likes: 23
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Post by panda on Sept 8, 2017 16:24:50 GMT
... It's called freedom of speech. p2pSpy. I'll send you a pm with my direct contact details. thincats. I'll be in touch in due course. Hmmmmm..... I'd have a bit more sympathy with "it's called freedom of speech" if P2PSpy and scaevans weren't hiding behind aliases. I get the generic 'journo angle' that "P2P is 'great and innovative' " is yesteryear's headline. Now it's time to go to the other end of the spectrum and go digging for negative stories and then over-egg them for sensationalist headlines. From the facts betrayed by P2PSpy, it's seems to be that he isn't a lender in the syndicate and his postings have been ill-advised and not in the interests of lenders and nor possibly P2PSpy's own interests. I am a lender in the syndicate and I am impressed with how TC are acting in lenders' best interests. And Scaevans comes over as an odd journo. Usually they appear on the main forum, introduce themselves with details of their affiliations and background and ask for information on a specific aspect of P2P, help with an article or research etc. As a first delve onto the platform latching on to a minor thread on an 'other p2p platform' seems a strange way of getting involved and getting information. Another plant?
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Post by snowgoose on Sept 8, 2017 18:24:56 GMT
I don't visit this forum very often but I find it incredible how underhand and divisive this thread is. Is the whole forum like this? If so, it should be shut down. If not, then the moderator should be deleting what is so obviously a blatant attempt attempt to influence the outcome of a loan recovery, for personal gain. There could be a legal issue here. Snowgoose. It's called freedom of speech. p2pSpy. I'll send you a pm with my direct contact details. thincats. I'll be in touch in due course. As you have mentioned freedom of speech, do feel free to give us your name and that of the publication that employs you.
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Post by p2pspy on Sept 22, 2017 15:08:26 GMT
Has anyone else heard that there's been significant developments in respect of this matter?
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shimself
Member of DD Central
Posts: 2,563
Likes: 1,171
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Post by shimself on Sept 22, 2017 17:57:54 GMT
Has anyone else heard that there's been significant developments in respect of this matter? nope
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