Member Info for Karina1

Morning, good posts chaps thank you. I think we all have rightly an element of scepticism when investing in AIM, but what out bashers fail to touch on in all their ramblings on CRV is one simple thing - WHY? Why would Mark do all this if its an elaborate scam....? Is it for his salary? He doesn't take one....... Is it "lifestyle" ? Dublin in January, armed escorts in Africa, dealing with PIs, AGMs etc etc, I somehow doubt it. Is it constant placings to raise capital for spurious reasons? Never happened Mark has put years of his life into CRV, he only gets rewarded if we get rewarded as do CRVs new corporate investors, as does his mate Evan, etc etc it's not rocket science.....

LONDON (Alliance News) - Craven House Capital PLC on Monday said there is a "once in thirty-year opportunity" to invest in "good companies" in the wake of capital outflows from emerging markets. "Our view is that many emerging economies have experienced an overdue and well deserved correction. Institutional capital spent the last decade chasing emerging market growth and yield with free money provided by developed world policy makers. Over a decade billions flooded into markets ill equipped to withstand the onslaught of hot capital while the commodity bull market raged on," Chairman Mark Pajak said. "These same economies were even less equipped to handle the capital flight, which withdrew from the market much faster than it entered. Everyone from finance ministers to shopkeepers have been caught up in the riptide of capital flight. We believe this has created a once in thirty-year opportunity to invest in good companies," Pajak added. The chairman's commentary came as Craven House said its net asset value fell to GBP4.6 million on November 30, from GBP4.7 million on May 31, the period being the first half to its financial year

Looks like we got VERY close to a deal in the last 6 months - "During the period an additional loan of $2,099,989 was received but was repaid immediately, with no interest being charged."

Pretty much as I expected I would say. Noc to see a positive spin this time and as Tully says, with more than £30m on the way into CRV its just a matter of time until we see game changing news "We believe this has created a once in thirty-year opportunity to invest in good companies" Seems GEM and others are in agreement with Mark.

If you are interested you can see the new man in a video, here http://www.thekeepers.co.uk/keepers/calum-morrison/

Morning Scargs It is well hidden, wonder if that's deliberate!? http://www.cravenhousecapital.com/images/docs/revised%20investing%20policy%20final%201212.pdf

Morning Simmy Not as much free time as I would like ! I have well over 6 figures in CRV now which does focus the attention somewhat !

Previously Calum has started and sold two small risk advisory companies, worked for and on behalf of multinationals, IGO’s, governments and privately held businesses; often to mentor and assist senior management teams in developing strategies to improve performance. He has led multinational teams in the Balkans, the Caucuses and Central Asia and lived, worked and travelled extensively throughout Africa.

Was this in CRVs investment policy previously? The Company may choose to invest in newly formed or early stage asset backed companies without any track record

Some updates to their website http://www.cravenhousecapital.com/index.php/about-us/management-team Calum Morrison - Non-Executive Director Following a successful career as an Officer in the Royal Marines, Mr. Morrison has spent over 15 years managing businesses across a diverse range of emerging and frontier markets in sectors including telecoms, risk management and oil & gas. He has developed particularly valuable experience in north and central African jurisdictions, the Middle East and India

Understandably quiet here whilst we await the next piece of the jigsaw, checking GEMs website each day and CRVs to see when they remove Alex and add Calum is as exciting as it gets for now..... I have noticed that Craven Industrial Holdings Plc have submitted an annual return in Dublin. Dormant companies do not have to do this, so looks like it is indeed a part of the puzzle?

Google is not my friend today Steve, just his current business and home, no history on his linkedin other than the current business. Maybe when they update the Directors page we will find out more about "having managed businesses across a diverse range of emerging and frontier market jurisdictions" With GEM coming on board we can only assume he is high calibre.

Craven House Capital (AIM:CRV) announces that Ms Alexandra Eavis is resigning from the Board with immediate effect and will be replaced by Mr Calum Morrison, aged 47. Ms Eavis will continue in her role as Company Secretary. Mark Pajak, Acting Chairman, commented, "We are delighted to welcome Mr Morrison to the Board. He brings a wealth of experience having managed businesses across a diverse range of emerging and frontier market jurisdictions. His reputation and network of relationships in these markets will be a significant benefit to the Company. I would like to personally thank Ms Eavis for her service, having helped steer the Company through a transformational period in recent years. Alexandra will now move on to concentrate solely on her role developing a private Assistive Technology company, Alcove Limited and we wish her success." Additional information regarding Calum Peter Morrison Calum is currently a director of Extraordinary Adventure Club Ltd.

Craven House Capital (AIM:CRV) announces that Ms Alexandra Eavis is resigning from the Board with immediate effect and will be replaced by Mr Calum Morrison, aged 47. Ms Eavis will continue in her role as Company Secretary. Mark Pajak, Acting Chairman, commented, "We are delighted to welcome Mr Morrison to the Board. He brings a wealth of experience having managed businesses across a diverse range of emerging and frontier market jurisdictions. His reputation and network of relationships in these markets will be a significant benefit to the Company. I would like to personally thank Ms Eavis for her service, having helped steer the Company through a transformational period in recent years. Alexandra will now move on to concentrate solely on her role developing a private Assistive Technology company, Alcove Limited and we wish her success." Additional information regarding Calum Peter Morrison Calum is currently a director of Extraordinary Adventure Club Ltd.

Better than I expected "The Company is currently in discussions with a number of prospective investors" is now "The Investment Manager is currently in advanced discussions with a number of prospective investors" So up to £30m with GEM is a done deal and the new investors at an advanced stage. Happy with that.

Result of General Meeting Craven House Capital (AIM:CRV) is pleased to announce that all resolutions proposed at its General Meeting, which was held earlier today, were duly passed. The resolutions approved an increase in the Company's authorised share capital and will allow the Company's Investment Manager to proceed with its plans to undertake a private placement in the Company's shares. The Investment Manager is currently in advanced discussions with a number of prospective investors with regard to making a significant capital investment in the Company via a subscription for new ordinary shares. The terms of any capital investment are yet to be finalised and will be subject to the clearance of all applicable regulatory approvals both in the UK and overseas jurisdictions. There can be no guarantee that any capital investment in the Company will be made and further updates will be provided to the market in due course.

Maybe they have chosen the 6.15pm on a Friday trick again......

LSE block it Rusty, it's on ADVFN ok.

Charts for what they are worth showing 1.2p by end of March Coverage of CRV, I need a lie down !

http://www.***********/latest-finance-highlight/top-stocks-today-cwr-crnd-crv-insp-kenv-qfi/