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They will take the money and walk off into the sunset before opening another venture in a few months.
Stedman and Linda Saleh have already joined up with Duffin at Angel Share Capital. The bs RNS about interested parties was the final effort to delay a shareholder uprising and probably rinse whatevers left.
Hopefully, if some or all directors get a ban that is judged to be justified, they won't be starting another venture any time soon.
If there is any fraud proven, then being banned in any future director position, might be the least of their worries.
They have pretty experience to set up new company and kick off old one. All money have gone and return nothing then we have under Indian culture management so what do you expect acting from FCA ? Let see how country as India as example so you get a ideas what is end result.
Tuan6,
The reason I am looking to the media, is that I have no faith in the FCA.
After many weeks, I still have not received any acknowledgement or ref number from the FCA, something I will also forward to the media.
If you have someone in the media then go ahead and contact them because they are getting away fast ,sent an email last week to general enquiries, no answers coming back.
My recommendation is to wait for a conclusion. There is plenty of time for alternative courses of action including the media
"My recommendation is to wait for a conclusion."
Why? They have nobody lined up, the last RNS was a obvious ruse to get shareholders to back off contacting interested bodies/media/regulatory boards etc.
Too late...
Cash For Questions- I believe you are wrong and even if there is a snippet of a chance my recommendation stands.
Hope your right Trisor
If you have someone in the media then go ahead and contact them because they are getting away fast ,sent an email last week to general enquiries, no answers coming back.
When no one answers or even acknowledges an email do you think there's anyone there at the workplace .???
All of the staff were laid off back in May, doubt Duffin will bother to reply to your email.