Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
...assume they're worthless - then anything else is a bonus!! Court case not gone anywhere yet, so hope diminishing by the day I'd say. Lesson for PIs here - Don't bet the house on a small cap aim stock! I had a holding, but it was small because I was cautious. Regularly castigated on this Board for that caution as well, LOL!!
I have no idea what is going on but what l read tells me our shares are worthless.....no idea if anything is being sold to new investors?.....just notices a Paragon Diamonds Limited...incorporated 10 November 2017....does anyone know if there is any link?
Can anybody confirm if Paragon share a worth anything? I bought some around 5 years ago and forgot I had them.
I would get in touch with TW ASAP as they are mounting a very good case at present
ok matt , gl mate
Thanks Mick - yes, I'm already in contact with peter. It's no win, no fee, so no risk really. The suit will likely go after the nominated brokers rather than the Company or directors, so perhaps more hope than one might think.
Don't want to be rude but I don't think you're getting a penny out of them!
email is , peter@4rivers.co.uk just to be clear , i will part with no money should it arise in any further communication with him
response , ( copied below ) , from an email regarding a PRG possible compensation site. Bear in mind i lost £1k , a lot will have lost much more from Manducos promises of so called nailed on funding. Either way i am only letting you know . gl It may be marginal as to whether it is worth you pursuing this once a settlement discount and fees are taken into account but I will add you to the list anyway. Best Peter Peter Petyt Co-founder 4 Rivers Tel: +44 (0)7769 653112
Very sad to hear the outcome of this saga. In all honesty I can't blame anyone for being sucked into PM's whole act, his positivity can be verified through the numerous interviews that are the only real verifiable basis for litigation, other then personal emails received etc. People may want to look into spread betting on PM's part or his associates, Spreadex had some unusual activity here in the months prior to suspension. All the best for the future, experiences like this push more investors to the main market but you don't get the risk/reward aspect that many AIM shares present.
Indeed.If ever the class action over on ADVFN ever gets underway it maybe worth joining.A lot of of people have lost a lot of money here [including me] .PM has so much to answer for.We have all been shafted big time.Those who put more money in [Loan notes] maybe strung along a bit longer but I am sure nothing will come of that either.Disgraceful.Let's hope we can recoup some on other investments.GLA
Just heard from my broker that PRG. is officially dissolved and any shares are deemed worthless.
Looks like a poster on ADVFN is organizing a class action against Manduca and the NOMAD if anyone fancies it? Of course, you could just end up losing more money!
Yep, goodbye money. Could get interesting where PM is concerned - lots of angry indivuals out there. The law and aim rules were obviously on his side, but that doesn't make his antics right. To me... He's the worst example of a human being.
Indeed.We can kiss goodbye to all our money for sure.Given the track record of PM even those who bought the loan notes are unlikely to see anything.It is a disgrace that extra money was raised to pay off debts to save PRG yet PM will let it go for £16k when he has no doubt got lots of money.We have all been shafted once and possibly twice if went for the loan notes.Vince acted in good faith but he and everyone have been betrayed.PM has a lot to answer for.We all know shares are a risk,but this was a particularly bad case.The ADVFN board has a lot of interesting discussion, for anyone who has not been following it.This maybe the end of PRG but I suspect the debate/anger will go on for a long time.Best Wishes all it is such a shame it should end this way......
I added the last line by the way.
I have had many emails from people who have been following ADVFN. They have asked if I can explain what is going on with Paragon Diamonds at the moment and if it is true that it is to be removed from the Register of Companies on 26 March. They also ask about what is happening on the facebook group which is accessed by loan note holders. This is my understanding: Paragon Diamonds is to be removed from the Register of Companies on 26 March unless the fee of £16,000 is paid before that date. What I am led to believe is that it doesn't mean that Paragon has come to an end as that fee can be paid in the future to reinstate the company and at that time everyone's holding etc remains as is now. As funding has not come through yet, I believe it highly unlikely that the £16,000 will be paid as the money raised in the loan note issue has all been expended in paying off Paragon debts. There is no money left in the pot I'm afraid. So, based on that the company will be in a state of 'limbo' after the 26th. People have asked what will happen to share holders and loan note holders if Paragon is not brought out of limbo. As was stated at the time of raising money to save Paragon from being wound-up by its creditors, an agreement was put in place that loan note holders would move forward in any venture that Philip Manduca pursued post Paragon - if indeed Paragon was to fail. That promise was made in order to raise as much money as possible to ensure the future of shareholders investments and was a key incentive to many participating and contributing. If Paragon is not brought out of limbo in the future, which is a big 'if' as I don't know what the future brings, then shareholders' investments will be lost. I have no knowledge as to what Philip Manduca - Chairman of Paragon, will be doing in the future with Paragon or any other venture/company. We still await funding which is pivotal in any decisions made going forward. That really is the state of play as I see it. Doesn't sound great !!
I was surprised to see a current post,I just looked on the off chance.The last I heard was the email of 10/1/17 which said PRG were still going,still awaiting finance etc.How many times have we heard that? As you say it is now clear Mothae has gone and lemphane appears lost so I think we can assume it is effectively all over.It has indeed been a sorry, awful ordeal for all us shareholders.It all started so well,with such high hopes.I have lost big on this [for me] and many have lost far more.This certainly was a lesson on how dangerous AIM shares can be and how we should not always believe what we are told etc.It is all such a shame,but what can we do.Take care all
Afraid so Suth. Mothae has gone to an Australian based company called Lucapa. Interestingly, one of the bidders was Titanium, PM's holding Company. I'm assuming this included the holders who decided to give PM more money(the so called PRG2 strategy) but it looks like that has failed as well. Apparently, Letsthoto is asking for any interest in Lemphane which suggests that PRG has lost that too. A sad tae littered with broken promises and poor management. Very sorry for PIs who put serious money into this (even though they did **** me off when I tried to apply critical thinking!!). Good Luck Suth.
No, would imagine that it has now died completely. Lesson learnt for me.
Been updated on the progress?
nope. used to get the emails but dried up months ago. mand , and the money , gone to other unsuspecting clients
Anyone got any latest updates on this share??
all the emails I had received from VB disappeared from my inbox.
Just popped over to the ADVFN board where there is some feedback.