Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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I think at this point, we can safely assume that questioning the efficacy of an individual will make absolutely no difference.
NO difference AT ALL....to this SP...I honestly believe thats a completely unfounded fear.....
Sending Trellis proof of shares is necessary. Yep. Agreed.
n0comment
I can only speak for myself, i am greatly concerned that the shareholder groups are being infiltrated by non shareholders. They may have alternative motives, share betting against Sound. CFD positions against Sound. Or even worse a pleasure in causing misfortune.
I have mentioned to Trellis that I think it must be made mandatory that members of the share holder group prove their share ownership. I have offered to prove my position.
People who have sold out have closed their position, they can start an ex shareholder group. They have a different agenda. They no longer have skin in the game and consequently not be affected by SP movements.
I really dont get the hostility to be honest..
What exactly do you think that you lose?
Just compare you post.
“ I think that most shareholders would agree that some of the following has occured; MISFEASANCE; “
Next post
“ I am not stating that anyone, either presently employed by SOU, or previously employed by SOU is responsible for any crime or misdemeanour or wrongdoing.”
Numpty
You keep talking about legal action and advice, what are you waiting for. Bleating on here isn't going to get you your money back. Pay and see a professional and take it from there.
Let us know how you get on...….
It's not a backtrack at all. Obviously.
“ The shareholders need to pursue legal advice”
Don’t speak for me, I
And that was the quickest backtrack I have seen, numpty.
I am not stating that anyone, either presently employed by SOU, or previously employed by SOU is responsible for any crime or misdemeanour or wrongdoing. That is not for me to decide. It's for a court to decide.
I completely disagree with you.
The shareholders on here, who have been LTH and invested heavily, deserve a lot better.
And are attempted to be 'bullied' into 'shutting up'......
I've used a number of lawyers over the years for contractual matters, in bus2bus enviroments.
However I am not an expert, and neither are you.
The shareholders need to pursue legal advice. Regardless of what happens to the share for now on. I would go so far as to say, that doing so, will be good for the company.
What is misfeasance?
In exchange for the protection that limited liability offers company directors, you have a duty of care to your company, its creditors, and to the general public. A breach of fiduciary duty in this respect can result in a claim for misfeasance being made against you. If you are a company director and are in breach of your fudiciary duty, and you have received benefits, whatever they may be, you will be compelled by the courts to hand it back. So, rather than remedying the losses incurred by other parties, such as shareholders, the law acts to remove ill gotten gains.
Which go back to the company.
This apparently does not depend on proof of fault, because the company director, [the fiduciary] will still be liable to the company for his breach of duty, regardless of the fact that he acted in good faith.......
Sarah Dees has been and no doubt will continue to read this BB.Her remit apart from arranging the various venues and PR of the past is to report immediately any threat, offensive comments leading to such that Sound Energy will require to investigate such with lawyers, report any libellous comments to the BoD and of course to JP. The directions and comments you have just put forward regarding the misrepresentation action will fail at the first hurdle if you are seriously thinking of taking that route as where is the contract that you signed to buy to buy the stock , where is your signature. There's nothing you can do other than wait it out like the rest of us or just sell and take the hit,it was your finger on the buy button not JP,s or BM or even JJ ,they may of made that decision to buy easier but they didn't put a 4 inch nail thru your finger and nailed it to the buy button ,it was you that did that and if you do sell then all you have done is pay a lot of money for a investment lesson ,its life get over it
I personally feel that taking a staggering five million pounds plus from the company, as wages, is a convenient way in which to perform a type of legal embezzlement, if by embezzling we mean generally taking vast sums out which youre not entitled to.
I think that most shareholders would agree that some of the following has occured;
MISFEASANCE;
Under the Companies Act, 2006, directors can be held PERSONALLY LIABLE for losses caused where ’misfeasance’ has occurred.
If the company has to be liquidated, the office-holder will investigate directors’ actions leading up to the time of insolvency.
Although actions classed as ‘misfeasance’ are not illegal, you could be held PERSONALLY LIABLE for any losses incurred by the company or its creditors as a result, and SUFFER THE SEVERE PENALTIES which can be applied by the courts.
So what exactly constitutes misfeasance, and what are the ramifications for you as a limited company director?
What is misfeasance?
In exchange for the protection that limited liability offers company directors, you have a duty of care to your company, its creditors, and to the general public. A breach of fiduciary duty in this respect can result in a claim for misfeasance being made against you.
MISREPRESENTATION;
'Untrue statements of fact or law made by Party A [or its agent] to Party B, which induces Party B to enter a contract with Party A thereby causing Party B loss'
When Trellis posts his questions, Im going to talk to some people I know in another shareholders group, about getting an opinion from a barrister.
JP, if you read this BB, shame on you and if you dont ,shame on you . You are something without dignity, without honor and a vampire who sucked peoples money.
Jimmybob got me drunk that night :-0
JP definitely reads this board or at least has a minion who monitors it....
True story....way back at the Gherkin event whilst chatting to Marco he actually asked me if I post on here .. I said I do under the name Bigbench… he said ahhh yes I've read your posts... I like your posts!
It must of been the Champers he was knocking back cos most of my posts are S**t ;-0
do yuo go through life that paranoid?
they take posts down when they break the rules of the forum.
the people moderating the bb almost certainly know nothing of sound!
Looks like they are taken posts down again. usually means you are very close to the truth with your message when that is done