Member Info for jimmy2011

And you trust directors,phewwwww

get a grip.

Went to look at a new motor today,

on the front window it stated, OFFER.

i took it for a drive, the dealer wanted more than i could afford, so , sit down and negotiate,

reach a agreement, bit more than i can afford but hay not problem, i will get a small loan, ( placing)

GET THE PICTURE.

why is the market not being told of the offer agreements.

?????????????

no rockets today i think, bit of a spike, but those who look at full pic, hold back.

but hay, gla

Well big dave, as you being a lth and a valuable contributor to the vela chat forum, i think lots will take on board your opinion as its valued.

my self,

took a position in igraine (as stated in last igraine rns) basically trying to recover loses from vela.

i think duo of nomand and rennick can pull it of again, as i recall, last time they put heads together they did 3000% on a stock, dyor.

profit to the brave.

Sells in mid 40's, looks like a few throwing the towel in,

Disgraceful company, directors should hold there heads in shame ,

If igraine does not deliver returns back to vela I can see vela collapsing.

Gla

vela chat forum seems a bit stagnant lately,

are we all that ****ed of with vela directors?

time for a reshuffle,

so as shareholders, how do we get rid of the dead wood, (directors) call a agm? have them investigated? ??

i personally think there salary should reflect on achievements/value brought to the company, reward gave when achieved,

something has to give.

gla

Yes navyrat, it looks like we all have been xxcked, I ramp igraine as velas directors last chance of redeeming themselves, if igraine goes pear-shaped I personally will make sure the whole charade of directors within this circle, via the fca, and solicitors are investigated, and cost will not be a issue.

Hopefully it will not come to that and the directors will show a return to investers, but,

I'm not holding my breath.

Gla

Lump in igraine

As that's where the expected value is.

Profit to the brave.

I think a lot of vela investors have put vela in bottom draw, to either cashin or throw in bin in time.

Why hasn't our biggest investor cooke stepped up? His losses must be huge, or is it just a tax off set situation for him?

As igraine reduce there holdings a placing may be next news to drop in oscillate, as we are all aware, the exploration of any gases or minerals costs, and igraine will be invited to participate in the placing.

Only my opinion.

Gla

Is leaving a long trail, and sooner than later the web they weave is going to be investigated, its goes back 10 years, if you research the connection between the vela director's and there investments ,its not hard to see a ,(you help me, I will help you situation) sooner or later they have to produce, or ,there's a good chance of,(prison) after investigation, , and they know it,

After all, its our money they have robbed.

Nomand is no Saint, soon be a convicted criminal, if investigated.

And please bear in mind,, vela are £431k deep in igraine, add £200k cln's promised, and if igraine can deliver, vela are offering another £300k.

So.

I make it , £931k could end up as vela's investment,

Gla

Mistake,

19% balls deep @1.8, and bought at a massive premium, if I recall .

Gla

well please enlighten me,

by the time all the clns, £200k have been drawn down, with a possible another £300k at velas discretion, and the 29% already balls deep with @1.8 , one would think that only a fool would go back for to get there ****s slapped again,

or do they see a savour.??

crystallising all investments , velas word's not mine.

last shot saloon, comes to mind.

gla

I agree, was not knocking it.

Gla

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Home News Mark Lyttleton sentenced to 12 months imprisonment for insider dealing

Mark Lyttleton sentenced to 12 months imprisonment for insider dealing

Press Releases First published: 21/12/2016 Last updated: 21/12/2016

In a prosecution brought by the Financial Conduct Authority (FCA) Mark Lyttleton, a former Equity Portfolio Manager at BlackRock Investment Management (UK) Limited, has today been sentenced to 18 months reduced with credit to 12 months on two counts of insider dealing. A confiscation order was also made in the sum of £149,861.27 and costs awarded to the FCA of £83,225.62.

In sentencing Mr Lyttleton the trial judge HHJ Goymer remarked: “Insider dealing is not a victimless crime, I regard these offences as pre-meditated and blatantly dishonest.”

Mark Steward, Executive Director of Enforcement and Market Oversight, said:

“Lyttleton’s insider dealing involved a gross abuse of the trust placed in him as a senior fund manager. He tried to hide his misconduct through the use of unregistered mobile phones and setting up a company in his wife’s maiden name in an overseas jurisdiction. None of this meant he could avoid detection.”

“Those who are tempted to insider deal, especially financial industry professionals, must know now they are more likely to be caught than ever before and, when caught, they will likely face a custodial sentence.”

Overview of the facts

In 2012 the FCA commenced an investigation into suspicious trading by Mark Lyttleton. Lyttleton was suspected of placing trades in stocks on the basis of inside information gleaned by him in the course of his employment at BlackRock Investment Management (UK) Limited. Lyttleton worked as a Fundamental Equity Portfolio Manager in the EMEA Fundamental Equity Team at BlackRock throughout the relevant period.

In November 2010 Lyttleton purchased a Panamanian registered company called Huduno Invest S.A. He placed the beneficial ownership of this company in the name of his wife, using her maiden name. Personnel from Caldwell and Partners, a Swiss based Asset Management and Financial Advisory Company were placed as Huduno’s president, secretary and treasurer.

In November 2010 Huduno entered into an asset management agreement with Caldwell & Partners, this provided the asset manager with discretion to place trades on Huduno’s behalf, but also to execute instructions from Huduno.

In February 2011 Huduno opened a trading account with Banque Heritage in Switzerland, with Caldwell & Partners having power of attorney to place trades and execute other instructions.

Having obtained inside information, Lyttleton then instructed Caldwell and Partners, a Swiss Asset Manager and Financial Advisory Company, to trade in the stocks on behalf of Huduno Invest S.A. The trading was ordered through the trading account held in the name of Huduno at Banque Heritage, using two UK

Https://www.fca.org.uk/news/press-releases/mark-lyttleton-sentenced-12-months-imprisonment-insider-dealing.

Interesting read.

Igraine is up 15%, news is close,

is the B E S sector the savour for vela, after all they have a good lump in and adding with cln's

gla

Draw down on cln due any time to igraine, this week.

no, navyrret

igraine is the saviour,

better of selling up here and lumping in igraine, more chance of recovering. loses.

this is turning to a shower of ****, tide will turn, but when and who will turn it?

i think igraine is the last hope.

they had there ****s slapped @0.0180, which they saw value, it know 0.0040, bargain, if you believe they will produce the goods,

news soon on there first venture with gem energia, and vela are helping to finance it.

also fix-it med news lingering.

gla

I also have been building my holdings,

Any profits i accumulate else's where I move in here at this sp, I call it my safe haven.

Gla.

Profit to the brave

On the move,

Must be transhaven, put had in pocket.

Lol