Re: David Lenigas - Vlrmās silent kingpin12 Mar 2023 10:46
Itās abundantly clear the kingpin behind vlrm is DL. Heās the company largest shareholder and from his posts in the DL owned telegram group he clearly influences the decisions for Vlrm (DL was Preston at all the meetings leading upto Patrickās appointment, DLās own words). If heās only a shareholder then why is he at these meetings? Vlrm & Vinanz? So much more going on behind the scenes..
Hereās a little snippet from Wikipedia:
He has been accused of frequently "promoting a company, pushing up the (price of its) shares, then raising cash by placing new shares ā and (thus) diluting the holdings of the early investors",[14] described as "a familiar tale with most companies he promotes".[15] His defence has been that "You canāt build a business on bottle tops.".[16] Furthermore, he has argued that it's not accurate to claim that "all his ventures have turned sour".[17] Although finance commentators have noted that most of the "hundreds" of companies he has been involved in, and "stock promoted" for, have failed to generate any successful shareholder returns.[18]
In 2009 he was one of a group of claimants, claiming that he had been libelled when an investment publication in South Africa had described the group of executives of one of Lenigas' ventures as "cynically and greedily indulged in self-enrichment at the expense of, and contrary to the interests of, shareholders."[19] The High Court of Justice of the United Kingdom rejected Lenigas', and the other claimants' libel claim, and found in favour of the publisher.[20]
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