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Jiddy that's how I feel, gutted 😢 Hopefully justice will be served.
I have literally lost £40K, so I am loathe to throw good money after bad. IMHO, the guilty parties will place, layer & integrate the money. Even if the case succeeds, there is no guarantee of recovery. I worked in County Courts for over ten years, so I know the pitfalls.
Same here Tonlin, have received all previous emails but not this one (not in spam either)
RBMInvest - could you please check if it was sent as 1 group email or in batches due to the large number of recipients?
Received, and in Inbox, not Spam.
RBM
Was anything done to try and influence the bidding process outcome eg delay, open to more transparency etc? Or was this always going to be a long-term legal thing?
I'm sure I signed in but have not received an email in inbox or spam.
Jiddy what are your thoughts, I know you have been around here a long time ?
OOOps, should say CAG Costs
Jiddy I don't earn much money these days. Was my savings etc and with what I said to my wife to invest around 35k over the years in copl. But don't have many shares like most on here. Originally investment 5k at 1 pound 65 a shares. 6 plus years ago. Bought for a few years then stopped really last few years. I cannot afford more outlay really on this . Getting older by the day lol. I love holidays and family time now...
This is beginning to look like the first stage of a long-term fishing expedition for money.
Insolvency experts = quick solutions and maximum fees. They've succeeded.
Lawyers = long-term solutions and maximum fees. No guarantee of success.
Stage One is when the vast majority of these costs are incurred.
Folks, as mentioned previously, there are additional and external costs involved that have to be covered, potentially KC counsel in 3 jurisdictions etc. These costs obviously do not fall within no win, no fee. The whole process will be fully explained, in detail, during the zoom calls that Mr Cotter hosts.
One would assume it is stage two and onwards.
So where does the "no win no fee" part of it materialise 🤔😮
£1500 per hour for Kings Counsel, I'm in the wrong job :-(
Thanks Steve!
"Funding the first stage" - presumably there will be more fees down the line, & there is no guarantee of success.
Email received, fingers crossed we all get some if not all of our money back. Good luck everyone! Thanks to the CAG and RBM (and Stas) for the drive and commitment to help us all it’s very much appreciated. Looking back at the days pre consolidation and post suspension, seeing Boltons message wishing everyone a good day all hoping today was the day….years of waiting but everyone had hope that the money would be life changing
No email, anywhere. Did they even get my email ?
Jiddy,
"...I would anticipate due to the likely multi-jurisdictional, aspect of this action, we will require the following (please note the below is an indication):
Expert documented/written legal advice from Kings Counsel (ideally a specialist in Canadian law and/or with working knowledge within their Chambers).
Legal advice from documented from a Canadian law firm as to process and procedure.
Forensic accounting and/or financial services advice as to the likely explanation for the collapse in the share price.
Review and consider valid PR angles in the media/press in both the UK and Canada (and beyond if required).
All UK legal action and instruction of (1)-(4) and others to be ran by myself via Carlton Elleker Chase.
The purpose of the above will be to ensure you are provided with not just theoretical but practical legal advice, in any normal instruction, individually or as a small collective, the combined fees would be in excess of £150,000.00 (my own hourly rate being typically £500 p/h by way of example and it would not be uncommon for Counsel to be 3 times this...), however due to the size of the group, we will be able to spread this cost and risk across those interested in moving forwards.
On first review, the average investment size is in excess of £25,000.00, therefore I propose in order to fund the first stage of the action, we will have a banding in order to be a part of the group and fund the initial action, the banding will be between £100.00 plus VAT and £550.00 plus VAT , that is to say, no-one will pay more than that to be a member of the group and receive the benefit of the above and also, my specific on-going advice on receipt, to be delivered via a series of Zoom calls and other contact at your request...."
This usually happens and a lot of people may drop out.
All well & good dh, however this is probably going to take years to sort!
No one wants to pay but then do we want to see these fook ers get away with Scott free - no we don't 😮
How much have you lost Bolton?
I am happy with a no win no fee arrangement, however I am not going to commit further funds.
Payment? My wife won't want me to spend anymore on this.
What is the payment for Steve?