Member Info for Bloodshot

Holding for Santa (St Nickelas) 2021

Joe..i follow Jambon and trebuchet on Twitter if your able to get it from them. Rather not post it on here.

Putneylad is now suspended from Lse until the 20th of December if you wondered why hes not been here recently and when hes back, he will have to be very careful what he says because of the threat of a permanent ban.
The reason they gave was posting potentially libellous or defamatory comments.
Seems like our Lord Waheed Alli and others involved with Koovs have far reaching (and very slimy) tentacles, so if I or anyone else suddenly dissapears from the board, you know the reason.
Dont give in easily. Keep up the fight against the injustice of what has happened to us. They cant silence everyone.

If your still reading here it would be good if you unblocked me on twitter trebuchet so i can follow you and keep up with any progress youve made.

Yes staggering is one word..shocking is another.
Some know it alls will take pleasure in telling us we knew the risks we were taking but how many investors really know all the risks. Prepack administration?? A "labour" Lord, worth 200 million, running off with small investors money on the same day he makes tens of millions from some of his other companies.?? Buying the company back at a quarter of the market cap, saving himself £9 million. Best thing is not to invest in AIM stocks if this is what you can expect, as the excellent link from Applegarth
https://www.investorschronicle.co.uk/shares/2019/12/13/avoid-aim-s-traps/
tells us. Its supposed to allow investment in risky start up/small companies to help them to get funding but when the risks become too high for investors, it just becomes an instrument for short term/daytraders/swing traders etc.
If thats your thing then maybe youll do better than medium/ long term investors.
Ive come to realise im not cynical or short term enough to be successful on AIM.
Not giving up yet on other companies Im invested in here but will be more careful and reduce risks by diversifying more and reducing and eventually eliminating exposure to AIM.
Lost a lot of money here but hopefully I can eventually make it back elsewhere..otherwise it will be a very poor retirement
Can definitely see AIM dying a slow death.
Something I wouldnt wish..even on the Labour Lord Waheed Alli..tempting as it may be.

Has to be worth all affected investors contactjng their local MP and making them aware of whats happening..as well as the House of Lords.
Would be good to get some updates here on any actions taken by other Koovs investors.

On the same day he sold us out...claiming that the reason was FLFL not stumping up the final 6.5 million..hes made tens of millions from another deal. A man whos already worth 200 million and hes paid 3 million for Koovs when the market value at suspension (3 pence) was 12 million..saving himself another 9 million!
This is a labour peer for gods sake. Totally lacking any moral fibre. In what way does he represent the working classes?

The Labour peer behind collapsed fashion firm Koovs made tens of millions of pounds by selling his other company on the same day that thousands of small Koovs shareholders were wiped out.

Thats really sickening!

Yes you would think that he would have to have some agreement with fellow shareholders but you know how his kind work. They are rich from having no conscience or morals and think they are untouchable.

Whatever he paid for it, he left his investors with nothing. A bloody labour lord worth £200,000,000 stole my money. Im just someone working class whos worked hard all his life and now surviving on a small pension after retiring early due to ill health. The money was from my savings. Why cant he pay me for my shares..its not like he cant afford it!

Lets try to keep the thread going. Any updates from anyone?

Oops! My mistake. The article still exists in its ofiginal form.

She works for the Telegraph now. Not putting any blame on her personally, she was just doing her job i guess and i dont know all the circumstances. Maybe the article was changed by the London Evening Standard without her knowledge.
Wether we get a single penny back from Alli or not..the least we can get is the truth.

I left her some messages on her twitter account. Ill let you know if i get a reply but not expecting much.

Not sure we can expect any help from Laura Onita. The article she wrote has already been changed to hide the bits where Alli was saying how confident he was that Koovs were going to succeed and be in the black by 2022/3.
Its now been replaced to show him as bejng against anti semitism and a champion of gay rights.
Our hero..a man of the people.

The cover up begins!

Never even heard of prepack administration before but i now see debenhams did it back in April. This also from the Evening Standards Laura Onita...

Debenhams shareholders’ have been wiped out in the process, including Mike Ashley’s Sports Direct, its largest shareholder with a 29.9% stake. Ashley has spent around £150 million building his holding in the retailer since 2014.

If they can use it to rob someone like Mike Ashley, then it wont be easy for us to fight it but maybe Alli in his haste to get it done just before the election in the hope it will go unnoticed by the media, might have made mistakes that we can capitalise on.

Dr777 not yet but i intend to as soon as poss. Been very busy today.

Decided to try to understand the pre pack administration thing and was looking here...
https://www.realbusinessrescue.co.uk/pre-pack-administration/process-and-procedure

But to be honest that sort of thing is above my head, im just an ordinary joe who doesnt understand technicalities very well but hope and am confident that others here are more than capable of understanding it all and explaining it to us simpletons (maybe just me) in more basic terms.

The stand out quote is right at the end...

“If you take investors’ money, you have an obligation to deliver returns on them. We’re going to win the race that we’re in, our brand is going to win in India,” says Alli, confident Koovs will be in the black by 2022-23.

So what happened in a few short months for him to go from supremely confident, to this farce.
Wheres our returns?

Continues...

“I saw a gap in the Indian market,” the 54-year-old says, resting in an armchair at his offices near Covent Garden. 

Twenty Koovs staff, mostly designers, mingle there with Silvergate Media, his most recent TV production company. The rest of Koovs’ 250 staff are based in Delhi and Mumbai. 
Alli is banking on India’s young, digitally-savvy shoppers — 65% of the population is under 35 — who have more money to spend and are increasingly likely to order fashionable clothes online or on their smartphones. 

But he has the hard task of convincing investors that his gamble on an emerging market will pay off.
Although analysts at Hardman & Co are bullish about its chances, risks such as a slower uptake of e-commerce or new entrants could hold the retailer back. It will probably have to raise more cash too. “If you take investors’ money, you have an obligation to deliver returns on them. We’re going to win the race that we’re in, our brand is going to win in India,” says Alli, confident Koovs will be in the black by 2022-23.