That odd decision to hold the July AGM in Dubai had many of us guessing what the hell was going on but its all too clear to me now - Eric was there not to advance Mysquar as a business but he was there to hatch his escape plan to Dubai, a place to hide the loot that he's stolen, and of course his travel expenses all paid for using our money.
Jez, a lot of PI's feel exactly the same. I saw some of the material from TW around June about Mysquar but was put off because it sounded too fantastical to believe when stacked up against Eric in front of the cameras of Proactive Invester souding very convincing about Treeeeeeeeeemendous shareholder value etc etc., now I wished I had taken a closer look at TW, who even said that Eric cooked the books of Mysquar in the 2015 IPO on AIM in readiness to siphon off investors money.
And now today I see on Google Maps that very spooking looking house in Singapore which is the head office of Rising Dragon Singapore and I could have kicked myself for ever getting involved in Mysquar. And even more questions come out such as who the hell is Mr. S. Kumizawa who controls Rising Dragon Captial Ltd and the other shareholder entities on Mysquar? - scary stuff.
I hope that the BoD do publish details of what they are doing (with the relevant authorities) to persue Eric and any other wrongdoers and that we get some of our cash back, so I live in hope for that.
Thanks petham - the place already looks doggy, and possibly he's hiding behind one of these bushes ...
https://www.google.co.za/maps/place/92+Woodleigh+Park,+Singapore+357858/@1.3412465,103.8672464,3a,75y,90t/data=!3m6!1e1!3m4!1sosPhvaYtAaP4ncMuLc-vIw!2e0!7i16384!8i8192!4m5!3m4!1s0x31da1775ee2f38ad:0xfcff0c3ccb1da146!8m2!3d1.341227!4d103.867253
Can you believe it, I have a business trip to Singapore which has just come up for late January.
So on my time off there, mission number 1: go to see the Singapore Corrupt Practices Investigation Bureau (CPIB).
Their website says, For corruption complaints, you may report through:
1. VISIT US
We are located at 2 Lengkok Bahru, Singapore 159047
and 247 Whitley Road, Singapore 297830 .
Mission number 2: go to see the office of Rising Dragon Singapore Limited, but will I find Eric sitting there so as I can tell him that I've just personally reported him to the Singapore CPIB?
Can any PI's help to find the office address of Rising Dragon Singapore Ltd? - no surprises but I can't find it listed anywhere.
If any PI's want to join me in Singapore then please get in touch.
Its payback time for Eric.
https://www.bloomberg.com/graphics/2018-recovering-madoff-money/?srnd=premium-africa
Clumpet, according to TW, the 2015 IPO of Mysqaur was Eric's vehicle to strip millions from investors on day one.
With co-fraudtster, CFO Pham Dang Hung, at his side, Eric reported revenues that didn't exist and fake news was used to keep investors hooked in, Tencent buyout. That's why the share price went from 10p to zero, and even Pottinger and Chong lied to investors on 23rd October in the video that was later pulled.
Who should have been there to protect us? - the AIM regulator.
well said Jez.
I just want to say to all PI's that this is the 3rd time I've been through this on AIM. The first time brought me to my knees 10 years ago. I've won some and lost some since then, and now I say "thank you, for now I know my enemy, and now I am stronger".
Money is transient, it comes and it goes, but we PI's, us people, are way more valuable and importnat than mere money, never forget that. Look after yourselves, and your loved ones, the sun will rise tomorrow again and we will be happy and glad. Take care.
Maybe Eric is still playing tricks with our minds?
I meant to ask why this safety net did not work? - it should have done, right?
Jez, according to the TW video, none of the MYSQ potential was actually real. It was all built on lies by Eric who is a career fraudster. Doesn't say much for Chong, Pottinger and Austin getting involved with this.
We'll kick oursleves now, but best not to do that too hard or for too long, I've lost a shed load as well, but learn't a massive amount about AIM in the process.
Video. Holy Sht! TW was spot on then.
F-me! If I'd seen that then I would have sold long ago!
Now I feel like a real turkey being slaughtered before Chritsmas.
FAHP - Why was Eric expelled from the US? - first I hear of this.
probably Eric posted that RNS deliberatley to coincide with the July 4th US holiday to hook in US investors who were on a high from Independance day celebrations ... they come back from holiday the next day to hit the buy button, and Eric says, gotcha!
Good questions L&W. Maybe something will happen after Moz courts come back from recess, but that's not unitl April 2019 I recall.
JP58... all invested PI's also believed a recovery was in motion because that's what the BOD were telling us. Even the October 23rd interview with Chong and Pottinger - a vid that was later deleted - contained lies. Both Chong and Pottinger must have known about the poor state of the company, but all they did was to paint a rosey picture with the Tencent WeChat deal and the license application. Chong's career is now over IMO.
what are you going to spend the money on? "I'm going to steal it, of course, ha ha," says Eric.
https://www.youtube.com/watch?v=Pvh8BWOfz9Y