Member Info for dashboom

The company is officially in liquidation which is being overseen by the public interest unit of the Official Receiver's office.

The company is officially subject to a winding up order, it's in liquidation.

https://caseboard.io/cases/eaa9717c-9f02-4895-ace2-05cc0e47c875

The public interest unit of the Official Receiver is overseeing the case.

The judge imposed an official winding up notice on Woodbois Limited today. The company has been put into liquidation. Our group had a representative attend the hearing today. Woodbois did not send a representative to contest.

The full details will go live on the London Gazette in the coming days.

@woodstein

The lawyers/creditors have a copy of the newsletter like everyone else. It was widely circulated in the public domain.

It's not libel for a shareholder to ask why there is no registered office and company was listed for strike off within 60 days. It's not libel for a shareholder to speculate on why there has been no audited accounts for 18 months.

It's disgraceful that the public and small private shareholders found out about the registry strike off and the winding up court case via dashboom and not from the "transparent" company.

Their threats to me were simply DARVO (Google it). Empty threats I am not concerned. I am pleased they have deleted the newsletter and did the right thing. Would have been nice to get a private apology, but then that would prove that there is an active governance structure.

I think for legal reasons I will offer no further comment on this and let this play out via the proper channels eg the hearing on 4th March.

Thank you for your time.

They appear to have deleted the "dashboom" Newsletter.

Probably realised it was a massive own goal. Showed proof of life and a governance structure and suggested they had time to target a small shareholder on social media as opposed to finding a registered office or addressing the winding up petition on 4th March filed by a former lawyer now listed as a creditor.

The newsletter has been screenshotted and saved and preserved as evidence.

Shareholders will petition for all assets (especially valuable land concessions) and bank figures/audits to be placed in the public of domain as part of any liquidation proceedings .

Mostly everyone considered the dashboom newsletter to be utterly bizarre. Shareholders have a right to fall out regulatory and fiduciary failings.

Justice 4 Shareholders.

No, the company have not made an announcement regarding the Winding Up hearing, I found it in the London Gazette nd shared it with the group on Friday. Several people intend to attend. Hopefully you can too.

Hopefully there is a misunderstanding and communication channels will be opened and all parties can find a professional and coherent path forward. I do believe open dialogue is an ideal solution to resolving disputes.

If there have indeed been major past failings by prior management then a liquidator would scrutinise this thoroughly in any liquidation scenario.

Hi Woodstein.

The group "Woodbois justice 4 shareholders" are sending representatives to the Winding Up hearing 4th March 10:30M London High Court petitioned by Michelmores LLP (former legal counsel) who are listed as a creditor in official filings. Anyone is free to attend, find information here

https://www.thegazette.co.uk/notice/5061188

Regarding the LinkedIn Newsletter naming me. I do find it disappointing. I would rather resolve things through transparent open dialogue and all forms of prior communication failed, there is no registered office so the company is legally homeless and our attempts to send letters have been rejected, in addition to attempts to communicate via email, phone, LinkedIn, twitter, Facebook, Instagram failing as well.

As you can understand I don't wish to dwell on the linked newsletter (copied by harri below) too much as this benefits no one. I would rather all parties focus their efforts on the best outcome for everyone at the forthcoming hearing. Rest assured I will continue to maintain my regulatory rights and other shareholders are within their rights to seek answers to compliance and statutory issues.

Thank you everyone for your interest in developments.

All information can be found here:

https://www.thegazette.co.uk/notice/5061188?hl=en-GB

Anyone wishing to attend the harm has. Legal right to do so. You can notify the solicitor on that link which includes all details.

I think it's in the best interests of shareholders that we have people attend in order to ensure the necessary investigations into value and assets take place as well as to protect our position.

Michelmores appear to be a former legal counsel of Woodbois who are now a creditor seeking unpaid monies.

@abefr i have added you as a friend on discord if you look in pending requests. I will be able to re-add you. Have you checked you are in the correct server and general text chat in the navigation sidebar when you log in to your account?

Right now we are waiting to see what transpires with the annual validation next week in Guernsey.

Many thanks

Hi Zulfi,

Here is a new link to join the group. Others welcome to join as well. 80+ members, we believe we may have close to 10% of shareholdings in the group now which has significant legal traction.

https://discord.gg/JQJeTSuhS

Best wishes

Appreciate Telegram is a great platform too however there's already 81 members in the Discord Group and I think Unity is better.

Mandatory Annual Validation due on Guernsey Registry by end of February, that is the next milestone.

If no progress by end of February we can concentrate our efforts into requesting a General Meeting for example.

Best wishes

Guernsey Registry have responded to some of us privately. Most of these communications are private.

It's public knowledge on the register that woodbois is "retained by 3rd party" indicating reasonable grounds to oppose the strike off have been received so read into that what you may.

AIM have replied basically saying there's not much they can do because it is historic.

I can vouch for discord as a safe platform having used it for 10 years. Bad guys can use any social media platform and our server is secure with rules and moderators: no racism, sexual content, doxxing, religion etc but it's totally your cal if want to join or not.

Lse have confirmed they will keep this forum active too and we will post any news here too.

Best wishes woodstein

It should be noted that the past management cannot be blamed for failure to maintain a registered office as of October 31st 2025 which probably cost a few k. Regardless of clear past failings.

Also this was posted on linkedin and not via RNS and has no specifics regarding current board member composition or financials.

I suspect my pressure at the registry has forced them to post some sort of "save face" post.

As much as it is encouraging to finally hear something after all the silence, none of us signed up to invest in a private business. We need more details and specifics. And why do current board remain completely uncontactable to small shareholders. As bad as past management were they all at least posted their email addresses for contact.

Ive set up a discord group Woodbois Justice 4 Shareholders. Please join in case they shut this thread down. I will appoint some other admins to maintain transparency unlike the board.

https://discord.gg/PxG3dWCSy

Lse admins please don't delete this post it's in public interest.

What I advise is to email enquiries@guernseyregistry.com

State you are a shareholder (part owner of the business). The audited accounts have not been published for 2 years and the CEO is uncontactable. You wish for transparency and see exactly what has happened to your capital before the business is allowed to be struck off.

....

The more people who object, Guernsey registry will take the view that the objection must be upheld and will probably postpone the strike off indefinitely until the objection concerns are resolved.

The directors/majority shareholders will be forced to explain their actions to the registrar and if they don't/remain ghosts, they will probably be reported and blacklisted on other jurisdictions including Dubai.

While i am very confident in my objection and have good faith in the Guernsey registry, there's always the chance I could be discredited as some crazy person (to be fair I am a crazy person).

However if multiple people object this will move the chance of success close to 100% of obtaining an indefinite strike off delay.

To reiterate: for as long as the Guernsey registry exists, they are tied to us in some way, shape or form. Every move they make in Dubai, Gabon, Switzerland or anywhere else will be linked to Guernsey. If they try to raise capital or open a bank account in Dubai imagine the problems it would cause if they are under investigation for fraud in Guernsey ??? For example.

Power in numbers.

Get your objections in to the registry and #stopthesqueeze.

Good luck all.

You all owe me a pint if our plan works!!

I have to he completely honest. The possibility of recouping a full or substantial value of our capital is very slim at this point. However at least this way there is a chance of getting SOMETHING.

Let me make it clear. The Guernsey Registry listed Woodbois Limited for strike off on 9th December. After 60 days the company would have been dissolved and any all future claims would have died, your holding would no longer exist and you would get nothing. They have the 60 day window in case anyone wishes to object or present a reason why the company should not be struck off. In 99% of cases no one objects because it's a failed business. However this is a unique situation where I've put in an objection and forced the company to remain alive pending investigation.

In theory the registrar could force a liquidation or request the takeover panel to investigate and insist on the new investors to buy out at a fair asset value. At least this way you have a chance of getting something rather than exactly nothing. Moreover this will hold the vulture investors to account.

The vulture investors view us as pests. Woodbois limited was a failing business - riddled with unserviceable debts, clunky structure with offices scattered all over inefficiently. However none of this was our fault. It's not our fault SP crashed 99% due to systematic neglect and incompetent management. However vulture investors don't care. In their eyes they are saving a dead business and rescuing jobs etc, and because of their work and lifeboat they deserve all the profits and spoils. They see small shareholders as a nuisance and don't care about us getting nothing. Try to see it from their perspective: no investment and company dissolved - with their investment and effort they saved the core business and jobs so deserve all the profits. However they are wrong.

The real culprit here is the incompetent CEO. Absolutely disgraceful neglect to allow us to lose the NOMAD and registered office and to remain hidden and uncontactable is quite frankly ridiculous. CEO is supposed to answer to all shareholders not just the select few new investors. As part of that he has a "fiduciary duty" under the law. By remaining opaque and uncontactable I believe he is in breach of Guernsey law. The fact we have no registered office means he can't be forced to answer via legal letters which suggests abandonment is intentional.

From an ethical standpoint - we supported the company at 1p+, why should some new investors get to come in at 0.05p and take all our investment for themselves??? Fortunately the law and Guernsey registry will agree with my view and we will be able to stop them.

Finally I am confident what I'm suggesting is true because if the company was truly completely finished, bankrupt etc, wild west nothing left dystopian scenario then they would have filed for bankruptcy and a liquidator would have been appointed and assets sold off to pay creditors banks etc. it's not only sharehold

To be honest "buying assets back from the crown" was a best case scenario.

In reality I suspect what has really happened is assets have already been moved to Dubai hub - concessions, veneer factory, sawmill, all cash reserves etc. the Dubai hub won't be called woodbois it will have a totally unidentifiable trading name. Dubai is alot more private.

Reading between the lines the Guernsey hub woodbois limited where we own our shares has been hollowed out and left as an empty shell. That explains why we lost nomad and registered office - woodbois limited stopped paying their fees so Allenby and Dixcart terminated. This is by design. They want to make it look like the company is dead and fool the Guernsey registrar into striking it off.

Guernsey registry won't like that which is why im very confident in the bulletproof case of my objection. The company being kept alive will force them to interact because Dubai are also very strict.

If our concerns are not addressed we can raise our concerns to DMCC compliance in Dubai. They take regulations very seriously any directors found to be operating in Dubai while a related company in Guernsey is under investigation for phoenixing or fraud or defaulting on standard regulatory requirements such as a registered office could have their license revoked. Basically the objection gives us the power to stop Dubai activity in its tracks.

Unfortunately for them I caught a director with an ego who slipped up and I have timestamped screenshots. He admitted woodbois is still active in Gabon on November 24th and December 3rd and that he would pass on my concerns to the major shareholders and CEO. You can't have it both ways - an apparently dead parent company with no money in Guernsey listed for strike off while simultaneously a core business is operating out of Dubai..

Their strategy was almost genius. In a liquidation or having to pay angry shareholders off the new investors would suck up millions in legal costs etc. but allowing the parent company with all the debts and baggage to die on a technicality bypasses all that.

The CEO has a fiduciary duty to every shareholder under Guernsey law. By making himself completely uncontactable to private shareholders and allowing our registered office to lapse he has breached said duties and could be personally liable. That is the biggest weapon of a Guernsey registry objection. Guernsey registry will have relationships with Dubai, Switzerland and every other regulated market so any director found to be in serious breach of laws could be blacklisted everywhere.

If you want some bedtime reading look up "phoenixing" and how that possibly relates to this situation.

I have a mountain of evidence to share.

It seems to me to be a classic debt for equity play by the new investors who bought in at 0.05 and took 58% of shares after dilution.

The public AIM listed woodbois limited Guernsey company is extremely expensive to maintain - aim listing, lawyers, auditors, registered office etc as well as angry individual retail shareholders.

For vulture investors they prefer a private structure, some could argue what they're doing here is phoenixing and illegal but they would quote the rns informing of dubai subsidiary to cover themselves and argue it is not their fault if we did not work it out .

If the company was truly skint a bankruptcy would have been filed and a liquidator appointed, instead they have tried to kill the Guernsey entity on a technicality (no registry office) and assumed retail shareholders were too stupid to notice and after 60 days they would be free. The assets have probably already been transferred to the dubai subsidiary that's why we are not getting an audit.

However our ace up our sleeve is that while the Guernsey company lives they are tied to us and answer to us. We legally own the subsidiaries and any asset stripping could be investigated. So the goal is to keep the Guernsey company alive. This can be achieved by objecting and stalling the 60 day strike off window which I have done.

As long as the Guernsey entity exists they are tied to us and liable. Let me stress that explicitly.

The proof is in the pudding, they tried to kill us off on a technicality but they didn't account for me as the black swan who contacted dixcart.

The 58% want rid of the rest of us. They are not on our side. That is an important point to make.

The reason there has been no RNS and no audit is because they have no registered office so they cannot be served legal papers or release an audit. They assumed we would all not notice and after 60 days their plan was complete.

I have far more and I will post direct quotes in the coming days.

Keep the Guernsey company alive and they can't swindle the assets.

The strike off is listed early December. If no objections then after 60 days the company would become officially dissolved and all assets would belong to the crown of Guernsey. This would have completely wiped out our shares and any legal claims we had.

Presumably then the new Dubai hub/institutional investors would have purchased the assets from the Guernsey crown on the cheap because Guernsey crown has no use for them, their obligation is to the Guernsey taxpayers so the assets would have been sold and the transition to the new Dubai entity would have been complete.

Essentially if the strike off was allowed to complete then after 60 days we would have been wiped out.

However I raised a "cause to the contrary" objection to the Guernsey registry with my evidence and the strike off has been suspended indefinitely.

As long as the Guernsey entity exists their plan to create a new entity in Dubai under a new name and shaft small shareholders cannot complete.

Just contact contact guernsey registry via their website and raise your objections and reasons.

I have also reported the ceo for his neglect and abandonement of shareholders. I believe he could be breaching Guernsey law by making himself uncontactable. He has a fiduciary duty to shareholders not just the majority investors who tried to buy the company at 0.05 after all of us invested at 1p+.

Contacting the registry is the only way to protect your holding now. Contacting AIM or their office is futile because there's no one there anymore.

The Guernsey registry can hold directors and shadow directors (owners who appointed the board) accountable. They can also liaise with other jurisdictions such as Dubai to ensure transparency.

I will set the discord group up when I get time.

Hi all, I'm back.

We all need to be united and on the same page here. We are being screwed as small shareholders.

Styx do not bother contacting London or Guernsey. Dixcart have confirmed to me personally that they resigned as registered office for woodbois on 31st October. Woodbois limited does not have a legal home and cannot be served papers. This is apparently by design.

The reason for the strike off on Guernsey registry is "ineffective registered office"

Despite this I have confirmation from a woodbois director that woodbois still exports and a management/shareholder governance still exists in November and December 2025.

I have lodged an objection with the Guernsey registry to halt the strike off.

It is clear to me that the strike off is intentional while assets are moved away to a new Dubai hub. They are essentially letting the Guernsey public company and shareholders die while the assets move.

I recommend all small shareholders contact the Guernsey registry immediately and put in an objection. Strength in numbers.

If the majority shareholder who appointed the board want the assets they will have to do it fairly and properly.

If the company was bankrupt a liquidator would have been appointed.

I possess many revealing documents and screenshots. I intend to setup a discord group where we small shareholders can organise and fight this.

Best wishes all, you are all friends