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Well there's a great source for compensation
Just saw an rns , looks like the winding up court case is tomorrow , anyone decipher what it means ?
https://www.telegraph.co.uk/business/2023/01/19/use-seized-russian-money-rebuild-ukraine-says-boris-johnson/
fatso johnson.
what a wonderful human you appear to be samson3
Your just here to waffle.. no back bone and defo not a holder in pog… smelly
You warned me about making litigious statements about the BoD and Strukov and now you are painting these crooks as victims of sanctions , what utter crap. They never once tried to ask their UK government for sanction relief, not once.
sorry should have said corruption that has been manifest in Russia and the Ukraine.
If you beleive that *******s then you are either working for Opus or a very silly man
The founder of the company was frightened for his families safety with the corruption in the ukraine , look what happened to Pavel 5 years eventually
POG got screwed because ALL of its gold was sold to GPB. all of their bank accounts were with GPB.
GPB got sanctioned.
POG couldn’t sell **** and couldn’t access monies as they were a UK listed company, therefore unfriendly.
**** way to run a company but that’s how they did it.
Agreed lots of BS within the board BUT if sanctions hadn’t been made on GPB then we’d probably all still be invested in POG
My curiosity remains unquenched to this basic question? What material, financial or any other personal advantage each member of the board and the Directors of the company have had in having the company liquidated which they would not have had by having the company surviving?
Great points email, they had no intention of saving POG the BOD were all russiaphiles
Charlotte Philipps german has lived in russia for over thirty years and loved it she also was friends with Mr Mukarjee
John Mann lived in Moscow https://newsunrolled.com/economy/67765.html
James Cameron a good friend of Everest's Lioustiger who he took in when he fled Russia with his child after his wife won custody. It was Liuostiger who then organised the 2020 Board room coup with Strukov. Strukov placed Kharin on the BoD and Lioustiger installed Cameron as Chair. Apparently there was some falling out with Charlotte and Strukov but boiled down the BoD did nothing to save Pog and only expended effort to sell it ASAP
I think that's exactly it, Lawrence... the BOD, directors, that is professional, experts, appointed for their presumed skill, expertise, contacts, knowledge of their sector and related, etc (all the reasons a director is appointed for) KNEW EXACTLY how Poly was set up and run, they knew it for years. They also knew fully the dangers created by the Special Operations and sanctions. Why they did not just copy Poly? And if they were unable to copy Poly and where unable to find backers like Poly and insure safety to shareholders why they did not just resign saying "we are unable to pursue safety targets for the company"? and therefore allow others to try to copy or approximate Poly?... All this they should have done LONG BEFORE we even got to the delisting...
No Poly was saved because it didn't have a treacherous BoD
Don't forget Putin has always made known he wanted the Ruble based on gold so there for POG is a precious asset for Russia given to them as a gift by the UK government thing is though it wasn't those ****ers assests to give away in the first place
https://thewire.in/economy/vladimir-putin-ruble-gold-dollar
I want to elaborate on my term 'faux crisis'. Yes there was an invasion of Ukraine and the British Government to hurt Putin gave him POG on a plate vie sanctions. However from the Russian side of things they could have easily with the BoD found a way to alleviate those sanctions. A moratorium was issued on all debt repayments until October last year
https://sanctionsnews.bakermckenzie.com/russia-bankruptcy-moratorium-introduced-with-effect-until-1-october-2022/
So the Bod had oodles of time but the debt from day one was hanging over our heads like that sword in that Tuscan folklore story the sword of damocles. It was relentless. I rember emailing John Traitor Mann at the time and saying that with 'good will' by all parties POG should be fine, but there was no goodwill only greedy crooks waiting to steal the company and of course our government put a straitjacket on POG that made it defenseless .
If Peter and Pavel had been at the helm this time last year , just pre invasion the share price would have been near £1 and we would also have got better value for IRC whose steal was the precursor for things to come. Also with peter and Pavel in control; they would have found a way for the company to survive, simple things like asking for sanction relief which is something the BoD never did and never had no intention of doing
politically we just give up our time. its interesting , confusing and frustrating the paths we have taken individually. people / groups i believe we have contacted so far
mp's
fca
ombudsman
foreign office
Please add in other route besides the high court which one fantastic POG share Holder made possible regarding the refusal of Opus and the POG BoD to make public the Kroll report and the previous High court rubber stamping of Opus applying to break up and sell the company and that was only known because a little dickie bird told us that Opus had been to court without informing the share holders
And i have another question, are they still producing gold at pog ?
Lawrence i have never been on telegram , yes seems to be a big difference between how pog worked versus poly , i believe poly was saved to due to having some its operations outside russia
POLY has BlackRock - and other Western investors, staying under the 10% level. So they are connected in a way that POG never was.
PrincePotemkin
thanks for your wise words... But that's the impossible challenge we face, how can we get something back, either financially or just morally, by not losing even more money in doing so?... The fact that is impossible doesn't mean we got to give up thinking about it
Still unclear to me why Poly UK (Poly Russian branch/assets) is alive and kicking and POG UK could not go on? It's got to do with the board. I mean, what did the board members got out of Pog's collapse that they would have not got by keeping Pog going?
The repeatedly warned us we'd be wiped out because that's what the shower of ****e BoD wanted. They were complicit in the whole affair and never exerted one joule of ****ing energy to save the company, they wanted it dead and concocted a faux fffing crisis all made possible by the conservatives in power . The people in our cross hairs (if we had a gun that is ) should be this front for the globalist Tory Party/. Scum the lot of them
I also agree with this but it won’t happen.
More so after they warned us time and time again we’d get wiped out.