Member Info for DavieH

If you have a look at the list of Companies on Britdaq, one listed there is ‘Merchant Capital Partners’ who James Holmes is listed as a director.

He was also the Director of CPS Energy Resources which some might remember were mentioned in one of the infamous RNSs when WRN was trading.

Holmes was also mentioned in one of the leaked emails from Aidan Earley and Craig Whyte as someone worth previous pension fund ‘heist’ experience.

Maybe, like the word ‘noble’, Aidan has a different meaning of the word ‘heist’!

Looks like someone doesn’t want to debate the reasons why Britdaq removed Whet from their trading platform and also why the Whet management haven’t commented on the reasons and the next steps.

Once again Picto fails to acknowledge the big question about why Whet were removed from Britdaq and why have the management not acknowledged this and explained to shareholders what’s happening.

He even dodged the direct question put to him here.

He really is WRN and Whet’s very own ‘Comical Ali’. It’s really entertaining to see someone floundering and attempting to spin everything whilst desperately trying to maintain a positive outlook despite all the facts.

Still waiting on anyone to list a company that Allan Biggar or Aidan Earley have been involved in that have been successful for investors. Surely it can’t be hard to list one given the amount of directorships they hold and have held according to Companies House.

If no one is able to name one then what’s anyone’s excuse for being bullish on the prospects here?

giantsquid - it’s a fact that approx 4 million shares were sold by Wulstan Earley and Darren Chapman in the early days of trading.

Are you really trying to say that they sold them cheap in order to create a market and liquidity?

Given the history of promises by WRN and Whet that have failed to materialise, I’m sticking by much theory that Whet was created and the free shares were distributed to create interest and enable certain insiders to make almost £500k by selling shares.

One question for you or anyone else who can answer...

Can you name one company that Aidan Earley or Allan Biggar has been involved in that has been successful for investors?

If you can’t then why do you continue to be so bullish?

I’m happy to debate anything with you at all.

So he’s definitely going to pursue litigation this time. Are we to assume that the other threats of litigation were just half-hearted?

What about the gofundme page he had for donations for litigation? There’s been no mention of what happened to the funds raised for that.

Also, he talks about trying to create a ‘noble enterprise’. If ramping a company and then getting your brother to dump millions of shares before ordinary punters can get their hands on them is a ‘noble enterprise’ then his definition of noble is different to mine!

It’s amazing so many on here are/were taken in by his promises because the content of his blog and his writing come across as someone who’s totally and utterly delusional.

Bit of background regarding the updates Aidan Earley posted on the FCA investigation:

https://www.dailyrecord.co.uk/news/scottish-news/craig-whytes-pal-raided-over-12400588

Maybe he'll give an update on this as well later on today.

Given that it now been more than 2 weeks since Britdaq announce that they’d removed Whet from their platform, why has their been no communication from the company to address this?

Are they aware or do they think that if they just stay silent then people will get bored, forget about it and then move on?

I’m sure if and when they do bother to issue a statement it’ll be some 3rd party who gets the blame and they’ll reassure shareholders that they are doing everything to rectify things in the face of extremely challenging circumstances.

Picto - I hope you had a nice holiday.

What do you make of the fact that Britdaq has removed Whetstone Capital from their trading platform and don’t you think the directors of Whetstone should’ve made a statement to their shareholders as to why this happened and what is being done to rectify the situation?

I’m sure given your interest in corporate governance, you’d have an opinion.

I'm glad you got out in time.

It's interesting that not one of the apologists on here have posted their thoughts on what's happened.

Where's Picto, Bloodaxe, Dollop and Hepran to name a few? Surely they can't all have been that naive given the facts staring at them.

Were they really genuine investors or perhaps insiders who were on here to ramp?

Time for them to explain themselves as well.

At the time of writing the Company has 2,300 registered shareholders representing a large and diverse shareholder base for a company of our size. The Board are committed to growing that shareholder base and through regular communication the Company meets and exceeds requirements in investor relations.

When they say ‘regular communication’, do they mean every quarter or only when they’re trying to get more punters to buy shares?

It seems some posters are sensitive about the publicly available facts that Wulstan Earley and Darren Chapman sold large chunks of stocks.

You’d think Earley and Chapman would’ve been desperate to hold onto their shares given that the company was going to complete the deals that were ‘lined up’ for Worthington.

Still no news from the management or any comment from the apologists on here and it’s now 6 days since Britdaq removed Whet from their platform.

You would’ve thought that the management of Whet would’ve at least have acknowledged this. It’ll be interesting to see what they say. That’s if they ever do.

Maybe they’re hoping everyone will eventually forgot about it!

Also, none of the apologists who jump on every bit of news and spin it for all it’s worth haven’t even been on to try to defend it. Maybe they’ve given up and realise that people will see right through it now.

Sid - the fact that you’re getting company news from a blogger should tell you everything you need to know.

Would you not expect the company to update shareholders?

What do you expect from a management team that shows almost zero regard for corporate governance. Red flags galore here and it seems like even the most hardened apologists have disappeared.

cadis - I hope you managed to sell the 100,000 shares you claimed to have bought before suspension. Maybe the large amount of sells at low prices were from some who knew what was coming. Who knows!

I’m surprised Picto hasn’t been wheeled out to put a positive spin on this story like he does every other one. He even tried to suggest that the Court Appointed Liquidation of Worthington was a positive step!!

After all, how can you put a positive spin on this news?

"Whetstone Capital Group PLC no longer reaches the standards required by Britdaq"

cadis - how about a reality check....

"Whetstone Capital Group PLC no longer reaches the standards required by Britdaq"

Suspension 14-06-2019 Shares in Whetstone Capital Group PLC are suspended from share matching on the Britdaq share matching platform with immediate effect. Whetstone Capital Group PLC no longer reaches the standards required by Britdaq when assessing the suitability of a company's shares for matching on the Britdaq share matching platform. Any already matched trades that have not actually been completed (paid for) will be cancelled. Legal issues of confidentiallity mean that no further information will be supplied by Britdaq about this suspension.

He’s perfectly entitled to feel happy, chilled and relaxed but unfortunately it doesn’t detract from the fact that this company is in court ordered liquidation and that the directors have never once accepted responsibility for their actions.If you look back to the 7 or 8 weeks this was trading in 2014, you’ll see numerous statements from Doug Ware promising shareholder returns and there’s been absolutely nothing since the liquidation.If you look at the track record of the people involved here then it’s not a surprise at all what happened. Let’s just hope that the real creditors of the Rangers liquidation can recoup some of the money owed to them before all of the money is spent on fees and court costs.

Sid - with Wulstan Earley selling out huge chunks in the first week of trading on Whet, a cynical observer might be suspicious about that type of behaviour. He may just have needed the funds though