Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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if nothing else it will be good to follow this litigation through to its final conclusion, which ever way it goes. i feel i have a vested interest as a shareholder to follow the outcome to the end.
Yep, those of us who held fast (and in my case bought more when low to average down from over £5) have either made a decent return or massively reduced our losses and are now looking forward to possible further tranches of dosh.
Rather than bailing and going crying to some bunch of ambulance chasers trying to wheedle cash out of our company.
No kidding.
Plus the Aviva Canada litigation.
Plus the "possible other claims" mentioned in a recent rns.
Plus the existing cash.
All accounted for in rns's.
well if the litigation against pwc is succesful watchstone are sharing the proceeds with share holders so it might be worth hanging on to the death just to see if we get a bit more of a payout.
"..... any thoughts"
Deceit?
Easy: the kind of person who thinks its ok to behave like that will find it very easy to justify to himself.
how can someone from pwc say they was acting in the best interest of watchstone by telling s and g that watchstone (quindell) was running short of money and so put in a lower offer any thoughts.
Forget any issues of urgency or time limits: Stefan Borson will be on top of it.
Just go back.
Read the VERY DETAILED RNS'S.
The claims and counter-claims.
The documentation submitted to the courts: not the gossip and waffle.
Then buy.....or don't....your shout. Lol.
All cases in law have time limits. Either party may make an application to the court for an extension if necessary and in most cases, with good reason, it will be granted.
Which bunch of shysters are trying it on this time? We've had a few, starting with 'Your Legal Friend', all failed miserably.
There is a time limitation on the potential case, matters are quite urgent, as the case has to be prepared and brought to court before that date.
Pantomime season in full flow, good luck with that.
Hi, could you point me in the direction of this claim please?
Potential new claim against watchstone group/ quindell. Lawyers looking for claimants to get the numbers up. Hopefully good news for ex quindell shareholders.
“...hoping”. Hope, that great management tool.
Weeks? Based on what exactly?
The claim was only announced in August.....so late 2021/2022 for settlement maybe, longer if it goes all the way. Pure speculation on my part based on history.
Does anyone have any idea how long the PWC suit will take to resolve? I’m hoping weeks if settled and maybe mid 2021 if it goes to court.
https://www.fnlondon.com/articles/senior-pwc-exec-accused-of-leaking-client-info-in-63m-quindell-case-20201020
Should be able to read it here.
Atb , ktc
Many thanks: also in the FT.
https://www.google.com/amp/s/amp.ft.com/content/397abc8b-9abf-416d-b824-001a569fc237
The individual referred to as the "PwC head of restructuring" has now been identified as Ian Green.
At the time of the Greenhill/PwC contact he was head of PwC’s business recovery service practice. He was later appointed to lead the firm’s business in the north of England in August 2019. He has stepped down from this position in summer 2020 but remains a partner of PwC.
There's a really good account of the recent hearing in Private Eye 1534.
The article concludes " The case echoes that of Premier Motorauctions...PwC's restructuring team was brought in...to end up in an administration … Previous owner … alleged a conspiracy… The man whose team he blamed...Ian Green."
The case was discontinued when the complainant was unable to afford to continue.
I think I now understand the reluctance of PwC to identify Mr Green earlier. I would also speculate that clients of PwC who've had unsatisfactory outcomes when Mr Green has been involved will be reviewing their involvement with him.
@grumpy scouser. Great to hear back from you and trust you and your family are well.
Yes , safely accross the desert and loaded up the saddle bags with some very nice lucre from the two returns, as i suspect you did also ;-)
Yes, i really can't see what the plan would be after hopefully getting the right results from certain "legacy" issues and a result financially for all current shareholders.
Maybe we could start a vinyard or maybe a financial blogging site ...... i see there are plenty of mug punters out there, who must be willing to pay £100 for shat 'o' brit plonk or just £5.99 for terrible tips .
Anyway, thanks again for all your hard work, along with other shareholders here and may all genuine shareholders reap their just rewards from the company.
Big love to you all and may you all remain safe and healthy.
Follow the camel.
atb KTC.
Excellent....many thanks.
Access is restricted to those with a non-free email address which is rather annoying for most of us who are retired. Nonetheless, it’s worth persevering and getting a copy of the article through someone who has.
PWC has lodged a part 20 claim to bring S&G into the dispute.
Speaking as a non-legal person and if I have understood the article correctly (E&OE), PWC’s lawyers have made points regarding; the earlier settlement between WTG and S&G and, the meeting between a PWC partner and a person at Greenhill, when WTG allege confidential information was divulged.
Whilst denying the allegation, PWC seeks to make the case that:
- it is implausible that the information which was said to have been provided at the meeting would have remained significant following completion of S&G’s extensive due diligence exercise. In other words, the information would have come out at that point anyway.
- if PWC is to be found liable over the alleged “back channel” then S&G should also be held responsible for the same damage. However, S&G is indemnified under the October 2019 out of court settlement with WTG. This, claims PWC, makes the current case “circular and futile”. PWC will seek the same indemnity or contributions from the law firm, if found guilty. However, S&G says it has settled all WTG claims. WTG is reported to have said nothing as at the date of the article.
I can't access the article: anything new in there?
I have a few Hondas. A '91 Africa Twin, '97 VFR750, '01 VFR800. I normally do some overland adventures in UK and Europe but Covid ruined that. Since retiring I have been doing trackdays but most of those were cancelled this year. Everything is tucked away for the winter now so scratching the two-wheel itch with mountain biking. I am thinking of buying a 2005 or later Ducati 999 if we do well out of the court case.