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Nothing to do with the Gulf that springs mind. This golf was founded by the founder of FN Energy who failed and whose customers where picked up by Co-op, as Flowgroups were. Wouldnt surprise me if Gulf offer a boiler that "pays for itself" comes out of the woodwork. Stiff is bring watched.
On the contrary. Rather than it being BS, I reckon it is true, given the provenance and character. As always, due diligence is key and one must ajwats be aware of con men, liars and charlatans.
https://www.thisismoney.co.uk/money/markets/article-6686657/Four-bosses-failed-energy-suppliers-returned-sell-energy.html
According to his linkedin profile Stuff is CEO of Gulf Gas and Power.
One to be aware of.
Hilarious when you look back so obvious was this.
BBC News - Scam victims to be refunded by banks
https://www.bbc.co.uk/news/business-48385426
When you say "get away with it" are you sure investigations aren't pending?
It never went right because the boiler could never be made at a viable cost. And that was just the beginning of its problems. Third rate arrogance and first rate dishonesty. You were had. Conned.
It's was stated back in 2014, on this very board, by a poster called cirtus_optimus, the Flow boiler was a scam and didn't work and never would. What a stand up honourable honourable person cirtus_optimus was. A jewel amongst turds. Not to mention all the other posters whose decency and honesty surely played a part in this scam losing credibility. Had it not been for them, no doubt you would still be "topping up" in the "game changing" boiler! Lol.
It wasn't that the company "didn't cut it" it's that the company and its directors lied and misled investors into backing a boiler that never entered volume production and was never successfully trialled because it didn't and could never work. The directors "cut it" alright. When it came to relieving the greedy and gullible of thier money.
If you are an investor, i know you feel a mug. If you are a board member, i know you must feel someone is going to come knocking. But either way, there is no excuse for not be able to read RNS. Like the one Flowgroup released in November 2014 stating the boiler had entered volume production when in reality the boiler wasn't even working in development. You invested in a sham. And it was sold off sharpish because it was a sham.
They told the market the boiler had entered volume production and was doing great. This was a lie. The energy business was built off the back of the boiler business, and was thus built on the back of a lie. The lie is out and you are out of pocket because you invested in a lie. You were conned out of your money and wont get a cent back.
This company was a sham. You were had. The stock was pumped and hyped and claims made in RNS that were simply not true. Why would anyone want this to survive? The Box should be in prison. That I assume they aren't.
I know of another ex-employee who confirmed that this boiler was never a volume production reality. States it didn't work at all. Where are the accounts?
There should be a shareholder Action Group as you were misled about the boiler, and there may be the possibility of recovering monies from BoDs personally. There can be no doubt now that this was a sham.
There will be knocks on a few doors,given the scale of this.
And as for the pond life who ramped this stock on this forum, I for one am glad if you lost money.
The "positive reports" were evidently rubbish as the IP was worth a pittance. Hair brained crack pot idea if ever there was.
Flow wasn't an "empire" it was just a grotty little scam. A sham. That "The flow empire has named competition, government policy, brexit effect and spiralling costs and those unexpected tax threats as reasons for its downfall" is possibly the funniest thing posted yet, second only to crying wives and "wholesome" companies. Woodburnung stoves were hilarious too. The really stupid often believe the moderately stupid. Woodburning stoves!!
I still laugh now.....03:55....1kW ouput......generates 2000kWh....
https://www.youtube.com/watch?v=dj8L32-FJL0
Tell yer what pop...sell us a boiler that generates the lecky and pays for itself.............. "world first"!!!!!
I took a gamble on this at a low sp , I already said I never invested anything!....that's contradictory. Or a lie.
No need to resort to isult and fluster popgesotheweasel.
Of course if a far cheaper, manufacturable and hence inherently more efficient Sterling cycle machine that entered volume production wasn't viable, then a Rankine cycle mCHP with a ridiculously unmanufacturable expensive unreliable scroll expander certainly wasn't economically viable. So, get your inferior mind off google, stop deluding yourself you know anything and get back to dodgy motors, your wifes tears, telling us you lost money and finding out who is shipping out the statements on the hard truth.
"What is now on the table is a fact finding mission to establish the truth and collect supporting evidence to charge any directors who breached their duties".... Get your own evidence. You start your own investigation. You start your own facebook page.
Better still, contact your old buddy Tony. Maybe you could meet him in The Garrick or Bucks and get the facts....