Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
TAV FCA ,I cant answer that , as it would be unwise, SEC & Lawyers in Uk are acting, Flybe have not complied withn regulation that as effected US investors and not abided by strict regulation.
I am given on goiod assurance from lawyers, Brady Stobart shared confidential inofmration with Cyrus in June/July 2018 and the FCA have not acted to date
Tav.. Once the saga is over, then I would ditch HL as quick as possible.
We have three trading accounts, and when I TDW was taken over by the unethical gang at iii, we ditched it straight away.
As I wont promote are trading broker where the FLYEB shares are held, I can say they addressed it quickly, first by stanbdard email, then when we responded we had the head of the compliance division contact us and they took every point very seriously and sent letter to the FCA as well.
Unfortunately the UK lack of regulation or to put it correclty , its non regulation means investors need to do more Due Dilligence on selecting a broker , as they do when purchasing shares.
I would also point out that stockbrokers can with ease write to the FCA and put across the events,as mine have done. Those who refuse, have more to hide and IMO are avoiding closer scruitiny if that is possible in the UK FCA
SAGE ..
Big difference when you are talking listed company flybe and fly bmi.
This statement you make is one I would expect from a board member of the crroks at flybe
"that the BOD have a prior motive when deciding on the listing downgrade Could they have slipped it past shareholders imo in full knowledge the situation was deteriorating knowing that anything would be better for their reputations as Board members than taking a company into sudden Admin ,like BMI??
BMI Onwers are Airline Investment limited
If FLYBE had gone into administration, then it would have been better, as the assets outwieghed any debt. FLYBE board could have doubled the shares in issue or even raised Ā£60 million in a placement.
Which ever way you nwant to cut it SAGE, this act by FLYBE board was to defraud investors, end of .
By the way, did Easy Jet annouce they were in talks with the owners of Air Atailia last Thursday., who are owned by a Italian company and Ethihad airlines,
Fraud can take many types, and here is a classic example. To put out dubious or false misrepresentation from any buisness that effects, employment or financial matters which resulted in losses to a companys or individuals.
FLYBE have to list any RNS that requires a vote outside of the AGM as corporate action and to highlight it to shareholders and the Market the company is listed on.
Very straight forward and prosecutable with ease, not even a contest, any lawyer worth his or or salt with advise action, so wtf Hoskins are doing is more of a question of how ethical there business model is, as they have responsibilities to there investors who can seek full redress from them and may already have investors who are going to act against them if they don't act .
FLYBE DIRECTORS MAY WELL BE SUBJECT TO" DATA THEFT" BY DISCLOSING INFORMATION THAT AS BEEN SHARED, AND THEY HAD PREVIOUSLY ENGAGED ENTERED TALKS WITH STOBART AND EMPLOYED EVERCORE WHO REPRESENTED VIRGIN, AND VIRGIN PARTNERS IN THERE BUSSINES SHAREHOLDERS.
THE MINUTED BRADY AND CYRUS BEGAN TO ACT TOGETHER , MEANT THEY WERE SHARING INFORMATION FLYBE HAD ALLOWED STOBART TO SEE.
LAFFIN MAY WELL BE PROSECUTED FOR INTERNAL FRAUD INSIDE FLYBE
FLYBE choose to be a listed company, which means it relys on shareholders to buy shares in it.
Now it could have been a private company, Oh I dont suppose your thought of that did you.
No Bitterness at all. I believe in collective responsibility, that means emplyees, Management, Unions all shoulder there share of losses that the likes of Laffin, COW, THE FLYBE BOARD.
Flybe does not represent 1% of the portfolio of company I invest in, but I keep the same opinion on them all.
You dont need to turn 2000 people against shareholders, they already are, as if they had a backbone , they would have objected to what Laffin, Brady, Branson, and co are attempting.
Lest see what Real regulators relay back to the UK FCA and SFO, and what action they take.
As an Exile of Devon, I am well aware of the Jobs that are going to be lost and the knock on effect it as on the economy, same as other parts of the Country and World when crroks act and employees play DUMB and shut up.
Accountibility for FLYBE Demise is as every ones responsibility at Flybe .
Maybe you should take up your postion as Flybe employees union rep, if you are not already.
Oh and before you get on your high horse, I invest what I can affod to lose, and when I lose its usually not throughh corrupt practices,fraud, and management at all levels of Flybe not throwing around missleading information when they know the truth.
I would have put Flybe in Chapter 11 and called in the SFO , but that is not my decision, but it does not overseass investors calling on SEC to crawl over Flybe management, board and the crooks who are involved. Laffin, Cyrus, Brason, Brady, Evercore and the Unions
So, the administrators at KPMG have decided to shun Mike Ashleyās bid for Patisserie Valerie and hand it to Causeway Capital, the private equity firm which has close links toā¦ KPMG.
https://www.standard.co.uk/business/jim-armitage-kpmg-is-having-its-cake-and-eating-it-with-pat-val-a4066896.html
A Smithy, Yes I many shareholders would gladly force a company like FLYBE into Administration , but ever considered what Chapter 11 can do . of Course not the UK way is to hand everything to some administrator to take a massive fee have Auditors take fees and they do Nothing.
It needs more companys to do what Laffin and Brady, Branson have done and 500,000 people to lose jobs before this System the UK runs does anything. Amazing how the banks still owe taxpaeyrs ? Billions and crooks like Brason and co do what they do.
When a board intentionally commits acts to defraud shareholders, I for one am happy to see every FLYBE employee at the unemployment office, as why should shareholders suffer the loses, lest spread it right round .
But then again its quiet clear these flybe directors adopted the same approach at the meeting to take the company from a premiun listing.
# 1 I still can not believe the FCA and SFO have not acted against the board of directors at Stobart
High Court Rules Stobart Directors Rigged AGM Vote. Question how do you rig a vote on a LSE Listed company and is allowed, its beyond comprehension , it would not be allowed on any other world stock marlet listed company, but the chocolate teapots in the UK SFO, FCA actually are blind or they are still taking BUNGS
Stobartās claims on āconspiracyā and expenses rejected
Andrew Tinkler calls for Warwick Brady and fellow directors to resign
Following a two-week trial in November 2018, the Judge (HHJ Russen) has found that Iain Ferguson, Warwick Brady, Andrew Wood and John Coombs have breached their fiduciary duties to Stobart Group by using company funds to gerrymander a vote at the July 2018 AGM in their favour. The Judge ruled that all four directors had acted for āimproper purposesā by trying to manipulate the vote
The only shareholders to be able to gain full compensation and costs are those at the time FLYBE made public they were in discusssions and the date of the Fraudulent offer. Shareholders who sold after the offer was made public have no comespation and costs claim
In saying the above, a reputAble UK law firm is working with SEC in the US to bring all involved to account.
More law firms involved will only increase pressure on the UK NCA. FCA., SFO and the tossers of a City Minister.
There is to much smoke and mirrors on this board and legal action does not cost a fortune once the first step is in place..
If anyone invested in Stobart reads the statement by lansons and understands Brady used a EBT, they would devest and exit Stobart ASAP.
EBT are always used by Company Directors for illicit practices and many companys shareholders have found out to there cost how an EBT damages your wealth
Taverham, suggest you get to grips with an EBT if you dont already
https://twitter.com/Andrew_Tinkler
https://www.lansons.com/statement-from-andrew-tinkler-following-high-court-judgement/
Same old cons played by corrupt -astrads . Brady used the EBT to swing the vote, but how many investors , shareholders knew he used Stobarts EBT to borow money from and use the capital to funnel to Cyrus capital Hedge fund.
EBT have no place in companys, the only time they are used is for abuse.
Stobarts EBT shares can be used by "Stobart Company A", to set up Company B , and funnel Ā£Ā£Ā£ to another entity like Connect , Company C .
One day UK citizens will learn the facts of how these UK crooks BRADY, FARELL, BRANSON really work , they are out and out fraudsters
Willing to disregard the basic rules of company law and seek, in effect, to rig a vote at the AGM and keep themselves in power
Willing to advance through the press and in Court proceedings very serious false allegations of dishonesty which the Judge concluded should never have been made
As a director and shareholder, Mr Tinkler is disappointed that the Court concluded that as a matter of law he was obliged not to speak directly with key shareholders about the developing situation in early 2018, and not to write openly to shareholders and employees as he did. His view was that, in those difficult circumstances, transparency and openness with shareholders was absolutely essential. This was particularly so given the public statement made by the rest of the Board, which the Court has found to be āinappropriateā. At that time shareholders were eager for information, and indeed the proxy advisers Glass Lewis expressed the view that Mr Tinkler should have shared more āsubstantive informationā with shareholders. Mr Tinkler intends to appeal against the Courtās conclusions that as a matter of law he was not permitted to speak out in this way.
The 29 May RNS which made various public allegations against Mr Tinkler was āunwiseā, āinappropriateā and contained allegations which were ill-founded and āinflammatoryā. [paras 788-9]
Mr Brady accepted that the Ryanair contract announced on 13 June 2018 (the day before Mr Tinkler was sacked) was on non-standard terms, contrary to what shareholders were told in the RNS released to the market on that day and in the video interview posted on YouTube and on the Companyās website. [para 642-3] https://www.youtube.com/watch?v=zxDIIs8ux4w
Mr Ferguson, Mr Brady, Mr Coombs and Mr Wood all breached their fiduciary duties by transferring 5.3 million shares to the Employee Benefit Trust on 21 June 2018, shortly before the AGM, for the primary purpose of ensuring that they would be voted in favour of Mr Ferguson [para 865]. Mr Ferguson was re-elected on 6 July 2018 by a tiny majority of votes (51.44%). As Mr Bradyās emails at the time revealed, he considered that ā2% is a lot in our gameā. The cost of moving those shares out of Treasury is likely to run into millions of pounds
These findings vindicate Mr Tinklerās concerns about other members of the Board, which he expressed at the time. As a result, fellow shareholders will now have very serious questions about the suitability of the above-mentioned directors to continue as directors of a publicly listed company where members of the Board have been:
Ironic, you worry about your little island and its brexit woes with its dodggy scam artists.
The UK actual Debt including all government paymenst inculding to its citizens, like pensions etc, is Ā£4.2 trillion. Italy may be more than its registred 2 trillion, but at the ned of the day, the UK is still a little island that survives by scamming its own people and reaping Africa of it natural resources.
Don't fret about other countries.. Good luck
More Director buys.
Expect to see Thomas Cook fail soon
Brilliant, typical UK Debt Ā£4.2 trillion, makes Italy look very rich country..
Ironic
, Oh dear its everyone in Europes fault for some right -astards who defraud UK shareholders, and I dont give a dam about FLYBE Employees.
A wealthy consortium, its a consortium your UK shop Poundland would be proud of.
If its Europes fault and Germany Fault, Italys Fault .
I doubt very much Brady, Branson, Farell will see the funny side of SEC fines
Illegal practices
As most would not be able to follow SEC filings, ? No offense to anyone, I have searched for a feature on Brason lying cheating rat and Curus, that would enlighten investors of what Brady , Laffin emrboriled in.
FEB 2018, Brady Stobart start talks with FLYBE, FEB 2018 FLYBE engage EVERCORE, VIRGIN ADVISORS.
The history of Virgin Branson lying cheat and Cyrus Capital, is here for all to see, but the SEC filings pre date this feature.
As for Hoskins, i dont see them as any type of shareholder rep for PI's , they are in it for themsleves and others.
https://www.insidermonkey.com/blog/virgin-america-inc-va-cyrus-capital-partners-discloses-24-stake-in-recently-public-company-336128/