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atc................coming back
now Auctus Alternative bought a 3% interest in Squar Pte Ltd in March 2015 for A$675000. Does anyone know if and when they sold their interest?
Also, who was David Rossellat?
A lot of people would love it if Eric did that - come out from hiding and back into the public domain after what he did - he wouldn't be that stupid, surely?
From the last Update they reported 540k revenue for 1HFY2019 and a reduction in staff by 100. Some of that may have been planned already as there was a cost cutting exercise planned a year or so ago.
Costs outstanding at year end of 570k.
The suggestion of no money left for shareholders.
Who is the trade purchaser? Sounds a bit like when fastacash disappeared _ bought by MyPay. I wonder if the same type of thing is going to happen here and Eric takes the helm of the next entity with all the online users we've paid for.
Distinct stitch up comes to mind.
They had the sticker sets like si & ti, bonbon, fine-Apple etc
Does anyone know what happened to mysquars btree studios the sticker apps they set up?
for all we know he's filled his boots with loot long ago - its all part of the bluff.
I contacted the AIM regulator months ago but all I got was a wishy-washy reply to say "we take allegations seriously.... etc etc" but nothing since then.
Mysquar IR - f/all response.
Chong - f/all response
FCA - no word
AIM regulator - crap
FB group - quiet
Schaer - coked out of his mind no doubt.
Pottinger - more pies on the way.
Has anyone contacted the FCA about the investigation, or made and enquiries about a possible claim through them? I have tried to make contact withe the Facebook Group three time via messenger without reply, i guess they are no longer active?
Chong should be fired, but there is no one left to fire him I guess.
Must admit looking precarious at the moment... but believe there is potential for company they doing a good job at the moment with the articles on mingalarbar even with low staffing... also games still operating with the company holding back two games... really hoping they can get things moving with the interest of shareholders in mind also and get back on track... would like to see them release games and more games, wasn’t it one every two to three months?
Wasn't that the old George Best quote...
"I spent a lot of money on booze, birds and fast cars. The rest I just squandered."
Let's hope fate catches up with Master Eric soon...
Chong has already held out a carrot which sets up PIs for getting shafted one last time.
I genuinely hope they do re list. But they are far more likely to sell everything for peanuts, re brand then re list.
F#©µ!ng us over one last time.
Mingalarbar and games still going good to see thumbs up. Wonder if Chong and team are finding ways to make things work? and take mysquar forward and that they are keeping us beleaguered/battered shareholders in mind?....would be fantastic to see mysq relist? Anyone think there is any possibility however small in this happening?.... or what are views on most likely outcome for mysq from this point onwards? Thanks for any views. Gla
But how they do it........interesting clip
https://www.youtube.com/watch?v=UMw4GdZPaK8
Yes, the FaceBook group is looking at this, however no firm direction has been announced on anything which is disheartening.
A few days ago, I read in the telegraph: "...consider taking legal action against the directors.... it goes in to say: shareholdershave no automatic right to recover losses...however, both company and the directors could be liable if the business has operated negligently or the directors have breached their fiduciary duties.....meanwhile, under the Financial Services and Market Act, shareholders may also have a claim that they invested "on the back of misleading statements in published information". Folks, we've had more than our fair share here (no pun..not sure where to go with this..much the same as others, I have lost a great deal on false statements...and that goes for the two podcast clowns. GLA
Are the likes of Barclays, the platform, bear some responsibility much the same as credit card purchases!?
For sure some lives have been ruined by Schaer and his pals - he knows that while he has massively empowered himself by stolen millions, he has left behind massive disempowered PI's with shattered lives in some cases - who speaks for them? - FCA, Facebook group, hard to tell.
Schaer is laughing at us all and no doubt coked out of his mind spending our investement money, and I'm not going to stand by and see him get away with it. I want my money back and I'm going to get it back, by hook or by crook.. and I want other PI's to get their money back and see justice for Schaer.
I was just checking if the shares are still listed with crest which my broker confirmed they are.
I don't want the company to be hindered but I do want schaer arrested and his assets frozen and pottinger needs questioning.
If no joy comes legally then I will probably go on holiday to miami and singapore. There's only so much time worth spending on this but if it can be wrapped up in a holiday?
Am I right in thinking the facebook group are not taking legal action or are we waiting to establish if schaer has not already disposed of the funds?
petham, no, just nominee account for me. Are you putting forward a claim of some sort? - any intel to help other PI's would be appreciated.
... has anyone got their shares in paper form?
Come on FCA! do your thing and put snake eyes Schaer behind bars...
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