Member Info for kwalker4

of a pump or dump.
Just shows how quickly this could move if the company ever actually did anything other than fund raises.

we wont hear from Durv again, something tells me he has also eaten a huge loss (if indeed he was a genuine investor).

There are several other charachters who have been on this board ramping the shares in 8PG, something tells me we will never hear from them again either, not even a humble apology to the bears who were trying to save y;all a few quid.

Sam remember when i came on here and called ZK out as a fraud, about 2 years ago.
You could not believe that i came on a public BB and called him a fraudster, someone else mentioned that i could be sued. You guys got anythign to say now ? ZK should be the one who gets sued.,

Sam, i find it a little strange that you would blame yourself for the actions of a city fraudster, what actions do you think you could have taken to uncover this crook or his elaborate deception ?

Yes it was you and many other who made the decision to invest, but if we had a hint that the CEOO was a crook, we would never have taken the decision to part with our hard earned. And how could we have anticipated such a fall without being decieved.

i feel sorry for "Sam the Man"
Sam, how much have you lost ? I noticed that you kept buying in chunks of around 1k, even though everyone was telling you to sell up and walk away.

Do you plan to take any action on this Sam, or do you just see it as an acceptable loss, following a risky bet ?

Even if every single PI attended the AGM, it will not stop the delisting.
Say 26% vote no, in a few months time, Karim will simply call another AGM, perhaps even cashing in his warrants to ensure delisting.
The benefit of him delisting is that it will be a lot easier to cash in on VS (All the other investments are worthless as we all know). Once he DeLists, he will be able to cash in big time, but the fact is he is already a large shareholder in VS by himself.

If the cost of delisting is high (in that he has to get himself a few more shares to vote it through) then we all know he is capable of doing so.

I would like to know the details behind the overseas firm that gave him 500k in the last placing, they must be part of the conspiricy... otherwise they would be fuming wouldnt they !!!!!

tHIS IS A VERY DELIBERATE MOVE, yet again.

He has ensured that he will get the motion to delist passed.
Take a look at recent events and the reason for investing in these dodgy little firms becomes clear.

If i am not wrong, Karim holds over ten percent of the shares himself.
Another ten percent are with "Crowd for Angels" and his mate Tony Nazereth (Never made any money but was given a lot of 8PG shares in exchange for 10% holding in CFA). What a joke investment that is by the way, you can be sure Nazereth will vote with Karim on this one.

Then you have Alcazar 1 Pte, another large shareholder in 8PG, whom karim is in cohootes with, borrowing cash from them anually with a nice fat 10pct interest rate attached. Wonder which way they will vote eh ?

Then you have the other BOD members who have plenty of shares.
The consoldation was done to ensure this delisting goes ahead, along with the other placings that went directly into Karims equity, giving him a strong position as a large shareholder.

This is Fraud, someone should stop him.

Its being done now to save him from explaining the fraud investments in Manas, IBS and CFa.
The accounts are looming to show the real losses incurred here, never made a penny INTENDED for any single PI

"The Directors consider these proposals to be in the best interest of Shareholders after considering, amongst other things, the costs of maintaining trading in the Ordinary Shares on AIM and the limited free float and liquidity in the Ordinary Shares and intend to vote in favour of the Resolutions at the General Meeting."

The directors are the reson there is no free float, that combined with the recent consolidation.
If the cost of maintaining the listing is too much, what does that tell you ?

The company makes no money and has exhausted the market for placings.
This is the end of the road for 8PG and it should be the end of the road for Zafarullah "the crook" Karim.

Well this was obviously coming.
He should be locked up for fraud and misleading private investors.

This has been planned by Karim for a long time now.
He has been increasing his shareholding (by somehow coming up with 100's of thousands of his own money) to buy stock over the last 2 years. He has added another NED (Monson) whom the company did not need, in order to bolster the shareholding of the BOD...........So when the time comes for voting, guess who holds a signifficant ammount of stock ? The BOD.
The BOD will then vote to delist the company, leaving Karim and Co. with all of the value appreciation, deeply in their own pockets.

This behaviour is criminal and i believe this man should be jailed

Of course the main problem that you have as a shareholder in 8PG, is that is doesnt really matter what the assets are worth, the CEO will make sure that the only people who benefit, are the directors.

Over the last 7 years, he has done exactly that.
He has destroyed all shareholder value from the increase in VS, from 2m valuation all the way upto 70m. He will carry on this way because no one will stop him and people come on here posting about VS ? Why ?
He has already used VS to lign his own pockets. The growth has gone. 8PG have no funds and VS do not make any money = dilution for 8PG shareholders. (Unless you are ZK, then you just buy yourself another 100k work of stock with shareholders money that you have diverted from the disguisted "investments"

They came back to the markey at the end of 2017, for 500k sterling, 5 months after taking 300k sterling.
in that time period, they achieved nothing.

Now add the 250k they took 9 weeks ago, thats over a million pounds in placing money in less than 2 years.
I wouldnt mind if they made some progress... but its the same old story isnt it.

Where exactly has that 1m sterling gone ? what do we have to show for the money ?
what is todays market cap ?

What makes you think they wont come back to the market again soon ? how long does 250k last these clowns ?

I would take a look at how much cash they have left.
You can be sure that they will be back to the market soon for another dip.

When they run out of money, id expect some news on the MB scoping study, to get a small rise out of the SP before the placing is due.

Zaf is shrewd.
He has managed to trick private investors into thinking that his intention was to make money for investors.
In reality, his only investments are in himself and his friends.

He has managed to get away with stealing sharehoder funds from LEG and now 8PG, under the guise of making investments, actually all he has done is make sure that he has well paid positions of the BOD of the so called investee compaines.