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gb is a lying hunk of **** but i’m not sure i’d tarnish all irish people with the same?!
I was in briefly and out at a comparatively small loss some time ago. I've finally learnt my lesson. I was wary of investing in a company run by Irishmen as, in my personal experience, the Irish are full of sh ite - all talk and no substance - but I foolishly went ahead based on the Modern Water story. Anyway, as I said, I've learnt my lesson. Never again will I invest in a company run by Irish people.
Have signed, but a long way to go.
Probably never get to hear about the stuff we need to, even if we succeeded.
You guys can always do something about it before it's too late, please shear this link
https://petition.parliament.uk/petitions/636051
Camillus Gerard Glover – still listed as an active director for the following companies:
• Modern Water Ltd
• Surrey Aquatechnology Ltd
• Aguacure Ltd
• MW Monitoring Ltd
• Modern Water (Nominees) Ltd
• Modern Water Holdings Ltd
• Cymtox Ltd
• MW Monitoring IP Ltd
• Integrumen Ltd
• Innovenn UK Ltd
• Lifesciencehub UK Ltd
Does someone need to have a word with Fiona Joyce?
Over two years, from 30p down, believing in a valuable to society ideas company, I pumped £23.6K from dividends from my other holdings, + savings...
Sadder and wiser?
I hope so.
Why is this MF still on the board at Microsaic !!!!
I want to see the bloke suffer
Really does look like the whole DVRG set up was fakery at its worst and can only guess that between GB and his dodgy finance man they finally realised they needed a real business to "invest" in and acquired Glanaco as their get out of jail card when everything else started to fall apart. GB really was a piece of work and really should be doing porridge for his actions, complete house of cards plc. Oh and where has the £10m raised only last year actually gone, somebody took it so where is it? Classic case for the fraud office and the police to investigate IMO.
Me either mate, I risked far too much based on recommendation and greed. Never again.
Rip dvrg and mine and many others financial dreams! I believed in GB as I naively thought RSN where required to be truthful and I risked far too much… brutal lesson not one I think I’ll every fully get over.
Not interesting, in fact, appalling. Conned by Brandon and side kick Finance Director and all other Directors not acting in the best interests of shareholders or the company. Too afraid to tell the truth or simply stupid. Lie after lie posted in RNS, Investor Briefings and Twitter. Integrity of Directors so important... Lessons learned.
Sipps1
Posted in: DVRG
Posts: 234
Price: 30.75
Strong Buy
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sipps1
Posts: 234
Price: 0.315
Strong Sell
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interesting...
When the curtain is going down what's lett will be a Micky mouse business too small to warrant a listing on Some.. and that's the positive... Worse case, zilch...
GB has left an utter mess. Not sure what's happened to the pre-STC Labskin business. Was the commercial testing business all bogus? Has that been closed down too? Were we sold a pup when Modern Water was bought out by Integumen? What's happened to Modern Water's business? All of the recent orders appear to relate to Glanaco. The lack of information coming from BoD is deafening. Why aren't they now suing GB personally or at least referring him to the reulatory authorities? As it stands, Burton (by virtue of his appointments at both DVRG and MSYS) seems to be enabling GB. We need a new, independent BoD.
Whilst I wholeheartedly agree with the comments about GB (and feel that the former Finance director must also bear significant responsibility for the mess we are in) I do not believe the company is at the final curtain. With the revenue the company has in fact generated (as opposed to the inflated projections now dramatically scaled back) there ought to be a viable business here. In my view the signs are that the current board is in the process of taking the tough decisions required to turn a ridiculously over committed loss making mess into a disciplined and realistically scaled business with a reasonable chance of actually delivering some profit, if only it can successfully navigate the undoubtedly difficult immediate future. The key to that, at least so far as the interests of current shareholders are concerned (which ought to be the company’s main priority ) is to obtain whatever funding is needed to navigate that period without raising at a discount to the already hammered share price. There is sweet fa left of my £10k plus investment here (and I am sure others are showing an even bigger loss) but at least the downside risk to my investment is now minimal, so I will put these in the bottom draw and hope for some sort of recovery, if I live that long!
Sipp1. It's always darkest before the dawn. True GB and his lovely wife have ripped the guts out of DVRG, but might the phoenix yet rise from the ashes?
Sweeping equipment is a solid bread and butter business - but nanotech, algorithms, and big data knowledge bases, have the potential for exponential value accretion.
I'm hoping so, which is why I bought an extra £1k's worth at 0.38. A bad buy at the moment, but only time will tell.
ATB, FG
Thought I'd check back to see what's going on. I lost loads even selling at 16p. For me the lies about production verses customer orders within Modern Water and the giving away of Skin Test Kits were the final deciders to sell. Right now the signs are suspension from trading and liquation of company. GB should be prosecuted and fellow board members as well...
Thank you CC.
G Woods did indeed call this exactly right. He was broadly derided by the GB fanboyz at the time but he has proven to be exactly right. I would welcome GWs thoughts.
Muggins you have called this from day 1 ( total respect to you ) sadly because of those pumping false information many here were in a position of not knowing which way to turn and had more than their fingers burnt by a redundant Plumber , I agree that this should be taken further with AIM being taken into account also , maybe G Woods could make a reappearance?
Thanks for replying, much appreciated
The crook did indeed manage to sell shares. He sold £123k. Remarkably, he sold these to the company on the basis that DVRG had sufficient funds. How wrong was that! This was at the same time as GB was misleading the market claiming that turnover would be double the actualite.
Mrs GB also sold shares and failed to disclose this to the market in a timely manner. Mrs GB also received remuneration for unknown services Again this was not disclosed in a timely manner and only after an investigation by the company.
Notice a pattern?
It really is time that the authorities started a full investigation. Not least as he is, extraordinarily, running another AIM company.
Recent MTU video from one of the PD inventors...:
https://m.youtube.com/watch?v=xdkKdHrfS0M
So what's the money spent with MSYS achieved? Last we've seen still using off the shelf breadboard, correct?:
https://www.thorlabs.com/thorproduct.cfm?partnumber=MB1530/M
Great technology...
Did the crook manage to offload any of his shares before all lies became public. Can’t find any info
TIA
Tq - that is a very fair point. It is all too easy to focus on the shareholders losses and forget that he has ruined the lifes of dozens of others. When he got rid of a number of staff at Modern Water they received nothing as their employer went bust. Hard to think of anything more unsavoury.
Elizabeth Holmes of Theranos sentenced to 11 years in prison for multiple frauds, G Brandon, teller of multiple fables, walking free. What about the requirement for statements to be truthful? Hello, regulators!