Member Info for exetrchief

Flybe found the cash quickly to transfer assets like the hangar at Exeter, they also found the cash from selling slots at airports and the que for them is long.

I take you pint on insolvency, but its easy to raise money and fund flybe from share placements, but this scam of brady, and laffin takes on a whole new dimension when a American Investor logged it with SEC and started a ball rolling that wont be able to be stopped IMO..

GLA

Dear Woodstock.

The SFO are not underfunded, far from it. The SFO choose not to prosecute, as it does not sevre the image of the UK Government.

Example.

UK MP, Nahdim Zahawi and his family, suggest you start in 1999, and follow it through, even the setting up of companys to Invade Iraq for its oil.

Thesea Mays husband managed to stop the SFO prosecuting all involved in Afren, and another company.

SFO have lost prosecution lawyers due to the failure to allow them to do there jobs and prosecute.

Woodstock, try "the purest form of bribery "and from that you will see how US prosecutors came after UK and its failures.

Compass, fraud is fraud, especially when its in black and white and can not be undone.

Brady makes to many mistakes, , something that the UK ignores, is not ignored by other enforecemnt regulatos that weill laed to prosecutions.

A number of potential structures have been considered including taking a non-controlling interest in a vehicle to acquire 100% of Flybe likely to be in cash. It is not possible to say, at this stage, whether a transaction will take place, whether a firm proposal will be made or, if it is, the form a transaction to combine the airlines might take

Administartion. So how would FLYBE have needed to be put into administration, did there debts outwieght there assets? No

Administration was never ever an option or could it ever be used to say this corrupt deal saved Flybe.
The companys has assets, it as income, it had a pipeline of traffic generating income from flights. It also had this, the most importnat aspect many posters here want to ignore.
FLYBE had the ability at any time to raise capital through placements or share offering to shareholders new and existing. FLYBE could have doubled /trabled the amount of shares in issue anbd raised over £75 million, which is a dam site more than the corrupt group of connect airways will ever contribute.

Even if a chapter 11 was put in place, there would have been sevral interested partys paying well over £50 million for its existing assets and routes /slots at airports.

The true facts are simple.
Laffin, COW, Brady, Cyrus, Evercore, Virgin set out to defraud shareholders, its that simple , its an assset snatch end of and the UK as the worst record of regulation in the western world.

Aphrodite
Cyrus and Brady of Stobart set up an offshore trust company in early October 2008.
Cyrus are Virgins largest shreholder and finance partner. Evercore respresent Virgin !!
How on earth did Brady of Stobart set up DLP Holdings with Cyrus Capital in early October 2018?
Cyrus Capital Lucien Farell name is on the previous company to Connect Airways with W Brady of Stobart.

You have Evercore acting for Flybe as they were engaged in Spring 2018 and never disengaged or released and during the whole period Evercore have been Virgin advisors as well.

How much funding came from Stobart EBT in setting up the offshore trust. For the record you can look at it this way.

Stobart is Company (A) The EBT is Company (B) The offshore trust could have been funded by Company ( B) the EBT, as once shares are in an EBT they become capital to spend, so Stobart could have aquired shares in FLYBE using the offshore trust Cyrus and Brady set up and used the shares to take the company from a premium listing to a standard listing. Furthermore they Stobarts EBT = company (B) could have used capital from the EBT for other illeagl tranbsactions.

Lets take it further , when Stobart Tinkler case came out of court the other week , the Judge stated on the record Brady had been gerrymandering.. Brady used 2.% of Stobart share in Stobart Empoloyee Benefit Trust to swing votes his way, that is in reality Voter Fraud. An EBT is not set up for the purpose of using the shares to vote , its something the UK HMRC will be looking at now and it could result in the EBT being closed down.

https://www.sec.gov/Archives/edgar/data/1614436/000119312514280868/d761206ds1.htm

There is no consortium, but there is a offfshore trust set up with the prime aim to snatch assets, and insider information released by FLYBE led to the crooks of Cyrus, Stobart, and Virgin to exploit information that is not permitted to be shared under any NDA that Brady entered into.

Justin Oakley of Evercore is well aware of thew illicit and corruption the parties enaged in. Put it in a court of law and see. While the FCA failed in its duty, SEC will not fail. Due to a perntenat fact, Cyrus Capital are Virgin largest shareholder and the advisors to Virgin are Evercor, keep digging the holes JerseyCrew and co, as the day gets closer to prosecution for misrepresentation, taking information for illict puprpose that damages companys and shareholders.
Data theft by Laffin is a crime
Fraud by joint venture interests is a crime, especially when re routing the Listing from premiun to standard.
Fraud by evercore so called professionals who abused there position for profit and to enable the fraud to be en acted.

Gerry. I am not looking for sympathy, and consider 2 years plus of holding FLYBE not Long Term

What I onject to is W Brady taking information provided by Flybe last March and using it Illegally and in cohoots with Justine Oakley of Evercore who are Flybe advisors and Brasnon Virgin Advisors.

For Brady and Luciean Farell of Cyrus capital to set up a offshore company via Luxemborg in October 2018, which they renamed connect airways the day before FLYBE annouced these 3 Fraudulent Companys " Virgin, Stobart, Cyrus says everything. When I say its something SEC in the USA are acting on, they will get Brady, Farell and Evercore. Aas for Brason he is already subject to a SEC investigation releating to his deal with Delta .

The problem for UK Investors is na simple one, and that is the UK as no regulation, even letting off Tony Hayward, anmd Roithichilds who traded ISIL oil stolen from Iraq with the assitance of the Zahawi family, one who happens to be a MP in the UK and if I am correct was a paid advisor of Afren which operated in North Iraq and made a payemnt of $620 million to corrupt Kurdish Leader sna d Familys in London.

My understanding is the UK PM saved the UK MP from SFO prosecution and when you look deeper you find Amber Rudd another UK MP embraolied in Afren In Africa .

I would not invest in Stobart based on the fact the company as more corrupt practices than is known by shareholders and the fact it used Employee Benefit Trust to gerrymander votes at the Meeetings, and that is illegal .
Suspect the UK HMRC will look close the EBT down.

Good luck with your investments.

Gerry 65..

No I did not hope for a bidding war, having held the stock, which represented 1% of our portfolio.

Now Gerry..lets se what SEC do as they have already started to go through everything and one thing is certain,m they are not like UK prats at the FCA, they actually have Everore in a corner and cyrus with Branson, the real issues are BRADFY the super crook, the UK stooge , the lying cheating low life.

By the way a Judge as already stated Brady used illegal practices with Stobart EBT.

I care not a jot about stobart, but know its in deep trouble and SEC will throw the book at Brady and the board for illeagl practice along with Brady bum chumster S Laffin.

Enjoyr your weekend, I will mine knowing stobart are in the crappper

optrade, they never ran down the clock, FLYBE Board acted in concert with fruadster W Brady of Stobart, Julian Oakley of Evercore, Lucien Farrel of Cyrus, Richard Branscum .
Worse is the no touch regulation applied by the City of London.

We have closed our only remaing trading account in London and moved it to Germany.

Main Listing stocks on the London Stock Exchange have been sold from portfolios, due to the fact the Conservative Government in the UK is Corrupt and Complicit in all trading,
Suggest you look at
Amber RUDD
Nahdim Zahawi
Sir Alun Duncan
3 Examples of 3 UK out and out crooks

http://www.travelweekly.co.uk/articles/324464/riu-buys-11m-tui-shares-worth-104m

Monty, Mr Tinkler is not out of the way and Stobart face a lenghty process from HMRC and lse, as they broke listing rules using shares from a EBT in a way that is not permissable,

Its called Gerrymandering and that carrys severe consequences, as its no difernt than Voter fraud.

I will be only to happy to see Stobart prosecuted for voter fraud.

Stobart were a succesful haulage company, they are now a PONZI scheme with chief Ponzi operator W Brady to face legal action

Flybe corrupt practices knows no bounds , even travel magazines were updated on the completion of the asset snatch yesterday .
http://www.travelweekly.co.uk/articles/324779/flybe-finalises-asset-sale-to-virgin-atlantic-consortium

Expect the rougues at Logan air to pick up fly bmi routes with government subsidys, to keep john Glen and Grayling in jobs.

All involved in the asset snatch, to face SEC DOJ , maybe sooner than Brady would like

Tav.

Brady and info to Virgin was May 2018, Evercore were aware and Cyrus were acting with Virgin.

I am aware that US investigation enforcemnt teams are looking at Stobart and its shernanigans from June onwards of 2018. It was implausible for there to be no discussions between Evercore, Cyrus, Virgin and Brady when US investigations teams started to look closely .

Brady had significant information from Stobart talks with Flybe in Spring last year, and for Brady to appear with Lucien Farell of Cyrus as early as June/ July 2018 .

People ttalk about class action, that is small in comparisson to puting FLYBE and there false missrepresentation of facts , knowingly put out to decieve and buy time for the culprits of the now Connect air to line all the ducks up.. It would not be happening or progressed if Brexit fiasco was not in play.. The UK government Ministers for City John Glen as failed at every level.

Pianista

The problem for Brason, Brady, Cyrus and Laffin with EVERCORE is a simple one.

Brady acted like a double agent when he entered talks for Stobart with FLYBE, he then took the inofrmation gleened with FLYBE S LAFFIN blessing, and acted with Everocore and Cyrus to make sure Virgin had everthying they needed.

On discovery process in court, even if Stobart and Virgin, Cyrus said it would cost them $20 million to do discovery, it would not wash and they would be made to embark on full discloure, especially as Cyrus and Virgin Evercore are subject to SEC regs and DOJ regs, which in effect means the FCA is bypassed and Brady and Stobart could be subject to prosecution of insider trading and insider information passing, to enrich themselves.

Don't forget that CYRUS our Virgin principal shareholder, so Luccien Farrelof CYRUS and Brady of STOBART setting up DLP Holdings Luxemborg, registred in the Cayman Islands, have already handed US regulators a nice big bone..

The UK courts could never ignore Virgin, Evercore, Cyrus business dealings and Cyrus shareholding in Virgin, as in 2014 CYRUS CAPITAL were Vigin Americas main shareholder and worked on recapitalization of Virgin America.

S Laffin, COW, AND W BRADY OF STAOBART have demonstrated themsleves to be crooks and already commited fraud

smithy, thats an out right lie and COW is famous for lying, like Laffin , Brady, and CO.

FLYBE board and all those who have an interest in Connect, including the fruadsters at Stboart, Cyrus, and Virgin have acted to snatch assets. Time you closed the door on the way out A.smithy

Pianista

What contract, would Brason, Brady, Cyrus fraudsters, and flybe want to appear in court, where it could and can be proven that Brady, Laffin, Cyrus and Evercore angaged in a process that would be classed as illegal and fraudulent.

Connect cant sue, without disclosing under full full disclosure, the dirty illegal parts they angaed in.

Any offer that supersedes other offers ? must follow the full process through from start to finish, and if administration is an option, which it is, then a full open process can be done in less than a week.

Laffin, Farell, Brady, and co are crooks, lets see how it [plays out, as US Regulators are not like thew Pansies at the FCA.

Breixt will have little effect on TUI, over 75% of its business comes from other European nations buiness, and its cruise liners are becoming more popular and now booked 2 years in advance.

Brexit or know Brexit, if Brits like hotels that TUI own they will still go, or they can always enjoy Caravan holidays in the cold wet weather.

Suggest a good read of what nationalities "TUI is German owned and holiday makers are not made up by just brits, they make up a minority?

Flybe asset value prior to Stobart Virgin Cyrus is said to be in excess of £190 million, have asked for full details, but it begs the question why a City Minister John Glen , City minister as failed to act, does John Glen have a vested interest

Riu buys 1.1m Tui shares worth €10.4m

Spanish chain Riu Hotels & Resorts has upped its stake in Tui by buying 1.1 million shares.

The investment of almost €10.4 million increases Riu’s stake in the German travel giant from 3.38% to 3.56%.

The chain was founded in Mallorca by the Riu family in 1953 and is still owned by the third generation.

Luis Riu, Riu Hotels & Resorts chief executive, said the purchase “represents a further step in the historic collaboration between the two companies, and further evidence that the fourth generation of the family, just like the third, remains committed to the future of joint business with the world’s leading tourism group”.

The relationship between Tui and Riu dates back 50 years, and was formalised in 1977 with the creation of Riu Hotels SA, a hotel development company with a 49% stake held by Tui, and 51% by the Riu family.

RIUSA II SA was founded in 1993 as a hotel operations company in which both firms hold a 50% stake.

Riu has been a shareholder of Tui since 2004 and the chain now has 93 hotels in 19 countries.

The share purchase follows the news last week that Tui chief executive Fritz Joussen spent almost €1 million on shares in the German travel group.

http://www.travelweekly.co.uk/articles/324464/riu-buys-11m-tui-shares-worth-104m

apologies, typing with no glasses

I am given on good assurance from lawyers, Brady, Stobart shared confidential information with Cyrus in June/July 2018 and the FCA have not acted to date!