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Massive scam. Corrupt BOD. Following the appointment of administrators, the business and assets of MPML was sold by the administrators to a new company where Charles Pendred and Tom Smith are directors.
Gone - my self trade account has disabled the option to buy/sell this share unfortunately.
Can anyone shed some light on this share??,is it gone or going?
where can you see this info
absolute underhand BS from what i can see of the administrators proposals -
I am not sure have only just ready the posts here today about the administration - by the looks of it there is a private off board/group discussion ?
as to raising an action if there is reasonable grounds then a privately funded investigation will need to be raiased with begbies - having had a quick glance over the history there does seem to be some grounds in how the allay deal was structured and the information that was given to investors and perhaps even the advice given on the deal - the auditors may have questions to answer as well as failing to notice the HMRC liability is pretty unheard of, something that should be quite basic to account for. looks as if theyve taken the assets and IP for peanuts.
what i dont understand is if revenue was c18m this year where the hell has it gone ?
Any advice on how I would take part in that.
FCA wont do anything - if you want to attempt to get a result -a private action needs to be raised to the administrators.
the details of the pre pack will be made public in due course anyway.
I have reported this to FCA. I suggest others do the same.
Here is to he email. MIUMailbox@fca.org.uk
wipe out HMRC assets sold for cheap and start again
almost certain that the BOD new that this would happen
I used to work for begbies and still know a lot of people there will do some digging.
an action needs to be taken against BOD
Yes heard the same. There is also a twitter group that anyone can join should they want to.
Drop me a message if you want including
I believe from the other chat forum that they are considering legal action against the BODs for misleading the market with their earlier RNSs.
da vinci opco
That's the end of the road, our investments are wiped out. Time to move on and a painful lesson for all of us.
Something is bad
Blimey - MPM only has a month to find a replacement or they would be kicked out of AIM...
Sorry, meant 7th November
Yeah been tracking that. Also they have setup these news companies on the 7th December which makes me very cynical. I think this is curtains here so just need to take it on the chin and move on.
Yes not looking good - take a look at...
It appears their CEO is not responding to all kinds of messages.
Well for about a week the shares where off the board now they are back,unless i am missing something ?,wont be the 1st time
What do you mean?
well looks like something happened but what?????+
Does it take to reach an agreement with the VAT man?
Are the VAT man likely to kill a company due to an ill advised error?
Come on Mporium, you’ve got many investors with much money invested to help with your growth so give us an update ASAP please..
Any progress? All very quiet at the moment. Although MPM is only 2% of my shares portfolio - I'd be a tad annoyed to see this disappear.