Member Info for Goatmaster1

Hi all, I'm back from holidays, I have an email from the action group with all members emails so we haven't lost that. Where are we all based? Think a meet up would be good. I'm in Wiltshire nr cirencester

I lost twice what 46 has - my entire investment fund plus sipp I was hoping things would come right - this was al I walked away with when | got divorcd Now i'm f*cked :-(

Hi Guys, Im away until Sept 3 so will pick this up with gusto then - if anyone has any ideas in the mean time keep them posted - Dont give up

Hi All Hi all, - I called AIM regulation the other day to ask what they are proposing to do about BHR. (these are not exact words but I am sure you get a rough idea of the content) - AIM ANSWER: - due to the fact that information about whether or not a company is under enquiry they cannot comment as it may be market sensitive........ I then asked if they could confirm or deny if they are investigating or planing to investigate BHR at some point AIM ANSWER - same as previous.......... I then asked exactly what they can or cannot do AIM ANSWER They can only enforce AIM rules and can look into a company but not the board members, and only really sucessful if that company is still trading..........I then asked if in the future we may see the results if an enquiry has taken place AIM ANSWER - unable to comment........... I then mentioned that my original complaint went to FSC then onto AIM Regulation, and I am unsure who would be able to look into the allegedly questionable way that the company has traded AIM ANSWER - we do not have indemnity insurance so cannot answer. So basically we are investing in a market that is not particularly well regulated, and shareholders are not allowed to know whether an enquiry is taking place or not, and the results of said enquiry probably won't be published due to market sensitivity. There appears to be no one else re financial watchdogs that police this market. I am considering another course of action - I am going to write to my MP and ask that this situation is brought up in the house of commons as to questionable behaviour re reporting of finances, closing of the company, dilution of shares etc, but also as a bigger picture that the AIM market is not regulated when something like this happens again. I am sure that with the current heat on banks and financial services that they will not want to have focus on more bad behaviours. Aslo does anyone know if the Financial Times has been contacted about this situation? - otherwise I am happy to start a discussion with them. #fuming!!

does anybody know what the aim rules are?

I am going to reply and ask them directly if they are investigating BHR, and also if their powers only go to aim rules and nomads, please can they put me in touch with the body to report this to if its not them.

Hi all, I have received the reaponse below - if anyone can translate from code to english it would be very much appreciated......... Thank you for your e-mail below regarding Beacon Hill Resources ("the Company"). As you may already know, AIM Regulation is the department within London Stock Exchange that is responsible for the regulation of AIM. We can assure you that AIM Regulation investigates all complaints made as regards the conduct of AIM Companies and Nominated Advisers in respect of their compliance with the AIM Rules for Companies ("AIM Rules") and for Nominated Advisers ("Nomad Rules") and takes action where appropriate. Please note that AIM Regulation's remit does not extend beyond the AIM Rules and Nomad Rules. As indicated, we can assure you that we investigate all complaints which relate to the AIM Rules. However, you will appreciate that confidentiality is essential in maintaining the integrity of our work and, accordingly, please note that we are unable to comment on individual complaints. Thank you for bringing your concerns to our attention. Kind regards AIM REGULATION

I'm not aware of any payments - I went to the meeting in London (which we all contributed to the hire of the room) but nothing more has been forthcoming - thats not to say that they havent made any progress. 30 ish turned up and it was a good discussion with some possible outcomes. However Its my understanding that they had to wait to see what Vitol would offer, and also Baker Tillys stance re the remains of the company. I am unsure if any more news has been issued around these 2 points.

Hi al, AIM regulation have confirmed receipt of my email (been with them a week now) if you havent already, please email them and request an enquiry Their email address is aimregulation@lseg.com telephone +44 (0)20 7797 4154

Hi all I still haven't heard anything back from aim investigations yet. Going to give them a nudge tomorrow. Will let all know when I hear back. Does anyone know if Andy mk don is aware of what we're doing? If anyone can get in touch with him it might be worth making him aware out of courtesy.

Nice one 46 Also if I don't get anywhere with aim regulation I am going to make a formal request that my MP raises this as an issue in the House of Commons. This should give it the focus it deserves if it doesn't get rightly investigated, but more importantly makes MPs aware of the riskiness of aim investment which with financial institutions being under the spotlight currently should be a reasonably hot topic

Hi all, I sent this to aim regulations 6 days ago, havent heard anything yet I may have missed a few points so please feel free to add anything to help others The more aim regulations get emails requesting this, the more they will feel pressured to act Dear Sirs, please see email trail below, which started with the FCA. I wish to bring a mattter to your attention involving a company listed on the AIM London Stock Exchange I have or rather had shares in the above company, as a private shareholder and also through a SIPP. The company has recently been put into administration, and has been handed over to a company called called Baker Tilly, based in the UK. At the last, and over several sets of divulged annual accounts, it had stated that the company owned c£50 million in assets, therefore if the company was deemed insolvent, these assets could be sold off. It appears now that the assets were never owned by Beacon Hill Resources at all, and Baker Tilly are unable to sell off any assets to enable a return of any outstanding monies to shareholders. My concerns are as follows: 1) Beacon Hill were able to present their accounts to the city on an annual basis and yet there appears to be no auditing or due diligence to see if they actually did own any assets, or if they were owned by other corporations. 2) Beacon Hill board of directors appear to have acted fraudulently to the city and to shareholders / investors alike by stating that these assets were owned by the company. I presume there are laws against this type of behaviour. 3) Should the company not have been put into receivership rather than administration? If I am not mistaken this is the usual course of action for a company with tangaible assets I along with others have lost a significant amount of money, my complete investment portfolio and the entire contents of my SIPP pension, and it appears that the board can just walk away from the company, which is very unfair. There is a shareholder action group that has been formed to attempt to give shareholders a voice, however it appears that the administrators have confirmed that there are no assets to sell and that there are no monies to forward to shareholders. I believe that there should be some form of investigation into this company, the board of directors and the questionable way that the company has been folded.

Hi all, I recently contacted the FCA to be informed that they do not police the AIM market, only the FTSE 100 However they did say that AIM regulation does oversee this. Their email address is aimregulation@lseg.com telephone +44 (0)20 7797 4154 Can I suggest that as many people as possible contact these guys. If they decide not to investigate, I am going to ask my MP to raise this in the house of commons, again if as many people as possible can do this it may raise the focus of this company and their bahaviour, but more importantly, a tighter regulation of the AIM going forward for all investors.

I understand that the fca weren't interested earlier on, but now that the earlier accounts (eg value of company assetts) are proven as not true due to them not being owned by bhr, do we think that there may be a stronger case for the fca to investigate? Could we also write to mp's and ask for this to be raised during a parliamentary session? I have heard that this sometimes gets things more focus. Not sure what anyone's thoughts are re the 2 options above?

Hi All, Apologies as im struggling with IT issues, but I have not received any confirmation of shareholders meeting yet. Has it been confirmed? (I understand if location / time etc needs to not be broadcast on this forum) also, I spoke to my share broker yesterday to confirm no of shares, and they told me that they were still live, and could be sold - I thought they had been suspended - anyone shed any light on this? (They tried to do a dummy sell and it apparently went through ok) also re posters - if youre a shareholder in BHR and have lost money then I can't see why you would not be supportive of the action group, and would not support discussions with the administrators which could end in some monetary return. anyone posting negative messages re losing money and its a waste of time are scaremongerers. youre wasting your time - we may have been born at night, but not last night...

Has anyone spoken to the site administrators at lI don south east to ensure that this share chat capability is kept open for a good while due to the current circumstances?

Hi all, Meeting would be great and I wil be there Congrats to Andy and the team and Thankyou for doing what you have done so far, you are all amazing !!!!

Hi Katie, Thanks for the link. I've just joined And logged how many shares I have (12 million)

Morning everyone Does anyone have the email address for the action group website? I need to join.

To all who hold shares, best of luck xx