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https://www.renewableenergyhub.co.uk/micro-combined-heat-and-power-micro-chp-information/the-flow-microchp-boiler.html
Where did it go wrong?
Sorry to hear this , I hope your loss was minimal.,, I think we were all conned! It’s a shame , I thinks gas -power is a great concept. Africa looks like they using their resources... and the storage is a great idea
Received letter ( from Jarvis) today, Flowgroup has flowed down the plghole and no chance of any financial settlement for shareholders. So a part of my retirement flushed away. Now banking on SXX to come good.
It's was stated back in 2014, on this very board, by a poster called cirtus_optimus, the Flow boiler was a scam and didn't work and never would. What a stand up honourable honourable person cirtus_optimus was. A jewel amongst turds. Not to mention all the other posters whose decency and honesty surely played a part in this scam losing credibility. Had it not been for them, no doubt you would still be "topping up" in the "game changing" boiler! Lol.
All pages posted.
Someone named Wick Stone has started a facebook page or something. I got a copy of the Jan and Don report from the page.
Search for Wick Stone and ask to become a friend.
Try Facebook, don’t use it myself, but someone , talked of it on here ! But I wouldn’t hold your breath ... Good luck
Did I read there is an action group? If so, where and how.
Anyone want to buy a million shares? , £50.00 the lot
What a Waste of energy
All this time we were told to wait for the figures and now...administration!! FKRS!!
The BOD are trying to bury the truth, and they will get away with it unless we do something.
FKNG criminals, Canham, Stiff, Cialone, and the rest!
TOTALLY agree. How do we go about it?
So Administrators have been appointed and Cenkos has jumped ship as official Advisor. Nasty smell?? If the company does not appoint a replacement Advisor within a month then the listing is cancelled under the AIM rules. This suggests that those who misled shareholders for many years can simply slink away with their pockets stuffed with all the money they squeezed out of the company in inflated salaries, expenses and wildly extravagant bonuses over many years. This is not right and there should be a formal investigation by the authorities into the demise of the company before the listing is simply cancelled. Anyone have any views??
Have to agree Buff, how long does it take to crunch the numbers for a two bit clog and pump company! It’ll all come out in the wash! and expect a few jailbirds following investigations.
When is that FKR Canham going to release the numbers? How much time to you need to bury the truth? A FKNG year!!
Serve them well. Afren cost me 12k and this 6k-not much by many but still...hope here ex-executive will get piece of that action too.
Hope that many of you made money out of the rise of the YU Shares I tipped last week. I feel now they have reached the top and will now fall back - so perhaps a short opportunity now.
Initiative Q is an attempt by ex-PayPal guys to create a new payment system instead of credit cards that were designed in the 1950s. The system uses its own currency, the Q, and to get people to start using the system once it's ready they are allocating Qs for free to people that sign up now (the amount drops as more people join - so better to join early). Signing up is free and they only ask for your name and an email address. There's nothing to lose but if this payment system becomes a world leading payment method your Qs can be worth a lot. If you missed getting bitcoin seven years ago, you wouldn't want to miss this.
Here is my invite link: https://initiativeq.com/invite/BEJbDQhnm
This link will stop working once I’m out of invites. Let me know after you registered, because I need to verify you on my end.
What’s going on with this???
Glad to see the Afren directors banged up !
Deserve all they get 🖕
GW - thanks for the info. This is probably a good short to have in the portfolio. He seems to get appointed to rescue business but doesn’t seem to be able to do it.
http://www.flowgroup.uk.com/wp-content/uploads/Flowgroup-Interim-Statement-Presentation-2016.pdf
Looked good, so i bought as a pension investment.
Safestyle must be due to go under.
https://uk.webfg.com/news/aim-bulletin/safestyle-appoints-alan-lovell-as-chairman--3396851.html
Wonder where he is now, no doubt spreading his bull elsewhere.
Alan Lovell, Chairman, commented: "Flowgroup is focused entirely on achieving profitability, and we will realign our corporate structure to ensure that this goal is met as soon as practicable without sacrificing the long-term promise to our customers. Energy customers typically provide stable, consistent revenues and we believe that a challenger energy business of our size should prove its worth as early as possible by delivering profitability. Â I have joined Flowgroup at this exciting time and I firmly believe that driving towards profitability more quickly, by reducing costs and increasing customer value, is the right decision. Â I'd like to thank Tony Stiff, Group CEO, for his very significant contribution to the Group over the years."
I agree the boiler was dead a long while ago - many years ago - and investors took a punt on the energy business - which I did. Just sorry it got sold off too cheaply in my view. I also invested in YU Group, which took a massive drop last week due to accounting issues - but they have £11.5m in the bank and the drop was overdone - this maybe a good punt for upside in the next few weeks