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John Zorbas was asked this question at the shareholders meeting about who was doing the legal report on the alerion deal.
It's not your legal advisers :
John Zorbas replied No No No
And yet there are still posters on this board who continually try to defend him and his crew.
They are a bunch of crooks who will try and fleece as much as they can get away with but their day will come.
Also Jack - why is Zorbas no longer a independent director?
Jack why didn't they publish the full report rather than their take on the main points???
Is that more inside info Jack - so the refinancing will be used as the card to try and blackmail voters again. No plans to release refinancing until after the vote - thanks for that inside info Leon.
There’s the independent report checked off, no wrong doings found much to the dismay of the witch hunters. Hopefully the refinance news will come soon after Mr Singh loses his egm. Then we can get on with our lives and maybe the share price will recover in time for Christmas.
yep totally independent no strings being pulled here lol
https://markets.ft.com/data/announce/full?dockey=1323-13189829-7VASBRSE1CKL441N0V22UHDT8D
Accordingly, the Company will today, subject to the Placing being concluded, announce the calling of a General Meeting of the Company to be held at the offices of Memery Crystal, 44 Southampton Buildings, London WC2A 1AP at 10.00 a.m. on 27 April 2017
Asking Memery crystal to look at MRS is beyond laughable, its a legal company that advises on natural resources, its been involved in multiple illegal scams with Natural resource companys.
If memory serves me well, Memery crystal ran scams in Africa and Iraq, ran share scams for UK Lords and Rich Arabs and Americans.
.
Who knows if they are or aren't looking into it - saying that the FCA are next to useless though
Corrales and Alegana both have the same Cyprus address and Leinad and Captor Capital both have the same Toronto address, Leon Hogan is banging Chris Grove 's Sister (among many other girlfriends according to Zorbas), Elliott Talbott was president of Leinad, who were also trying to do a deal with ANR where all the usual suspects were trying to scam them... But no evidence to show any link....maybe because the only people they asked were those in on the scam...They were hardy likely to say 'yes we cooked this up together beforehand'....
Yes why no mention of Corrales Trading and John Zorbas is there not a connection there ?
Make sure we all vote to get the existing bod removed as that is the only way we might learn the truth about the Alerion deal.
Zorbas and co. would be in deep s... then, that's for sure.
“As solicitors, Memery Crystal expressed no opinion on the valuation of Alerion, or the commercial rationale for its acquisition by MRS, and were not instructed to do so. “
Why not? Surely its the huge price paid for jack all company that is the issue (even if leon had set it up and we had paid £30k i think most would have accepted it. But £1.3mil (from memory) errr no!! )
Complete waste of time and expense
"No evidence was found of any material conflict of interest in relation to MRS's acquisition of Alerion based on any pre-existing relationship between any member of the Board of MRS and any of the Vendors of Alerion"
What about the non-members of the board and vendors which was the main crux "leon hogan his partner Jenna grove, father in law Chris Grove and Corrales Trading (Cyprus) Limited,even inspector clousea could have solved this one ***** joke
No legal DD done on the acquisition, that is farcical given the level of tech involved, they should also publish the full report not just pick the relevant bits out to release
Just thought this thread ought to come back up into play as it is now obvious that Hogan was ramping on inside information....
While we knew this was never going to be fully independent it does give a few indications of how the deal was made. Which in itself kind of confirms suspicions.
No surprises it skips around ownership of the drone company and related parties.
https://twitter.com/TheLongerGame/status/1151016554403979264
Absolutely farcical, but then from the outset this was always going to be the case, the fact that the board view this as independent is comical after all MRS are paying them to produce this report. The real pity is that it just allows the BOD to keep fleecing the workers & the investors. Just hope that the FCA pick this up and act with some tenacity & impartiality
Antofelli its market abuse at its finest and you know it. How can this be independent?
“Memery Crystal did not advise on the acquisition of Alerion, but has previously advised the Company from time to time.”
Now is a matter of sending this report to the AIM REGULATOR and FCA and finish them off ...When they say the board ,wonder what board they were talking about ..JZ ,and TJ ??? this is to say, they used the company with bod in site to feel their pockets .If they were honest ,when N.B. and T.B. left they would appoint someone else with shareholders approval ,but here you can see how they were glad to see those two gone .With it come the chance to feel their pockets .JZ is a waste of space , you just have to look at URU ..the British bas... was worst ,because he was the one who went around pretending to be on the side of shareholders, asking us back him up on the change , with solo intention to rob us .With this deal and with inside trading ….
“Memery Crystal did not advise on the acquisition of Alerion, but has previously advised the Company from time to time.”
What a per take, how can a solicitor that MRS have used for company business be in anyway regarded as independent. A complete waste of time and money and embarrassing for the company to claim its independent.
Hopefully the FCA will take action on the inside market abuse as well
Possibly one of the greatest works of fiction I've ever witnessed.
In the words of Jim Royale Independent my ****
Nothing wrong with pumping. You need to prove the dumping to nail them. Can you give me evidence of he has done this?
Feel free to dm me on twitter to discuss