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Anyway, back to the real issue. Why is GB still CEO when he has trashed the finances of the company?
My agenda is simple - to call out conmen like GB.
I presume that you are paid fanboyz trying to move the focus away from the plight of this company.
I have called this right each and every time. Sadly you have not
You are such a tool it is not worth replying to you.
The company is meltdown and your only concern is the number of shares I have. You really should focus on the important issues rather than trying to I wrt
Why is he still CEO?
Happy - I have been proved to be absolutely correct which in fairness to you you have acknowledged. I have also said that I have no pleasure in being proved right - I would much preferred to have been wrong. I faced constant abuse from many on here who could not see through the conman. I see no relevance in your question.
Anyway looking forward to GB and Chesh coming on this BB to explain themselves.
Extraordinary that Ratty is calling someone else thick when he has swallowed whole all GBs cr@p. Pot calling kettle black.
Anyway - where is Chesh? Not heard any of his pointless inanities, pathetic English from a self confessed financial illiterate. Perhaps Chesh you could keep away from all BBs and do us all a favour as you are clearly as thick as ****. I wonder how many people have lost money due to your endless ramping. You should be ashamed. An apology on this BB would be a good start.
Yoohoo Chesh - where are you?
I think that you have some apologies to make on this BB
smeeno - that is a distinct possibility, certainly neither CEO and CFO should go. However, they still seem to be around which in itself is pretty shocking given the scale of their failure. The fact that they have not gone yet is sending some warning signals
The alternative is that they are arranging an MBO and are very happy to see the SP crash. Further evidence for this is the seperation of STC which might fund the MBO.
smeeno - thank you.
What do you think will happen from here?
Talking about man upping where are the two arch GB fantasists Smeeno and Chesh? They should also come on here and apologise. Their constant ramping almost certainly resulted in many PIs losing their shirt here. They were also the first to shout down anyone who had the temerity to point out any of the fundamental problems with this company.
The cowards seems to be keeping their heads low.
Rather than censoring eveything perhaps GB should man up and provide some answers
Looks as if loads of posts from the last couple of days have been deleted.
It would seem that anything that refers to GB being a conman has gone. I wonder who was behind that!?
Of course he is a conman. Here is my post of 16 March 2022
'The Emperor's New Clothes16 Mar 2022 10:10
Chris – As you do not seem to have done any proper research on our CEO I thought that it might be helpful if I gave you some assistance.
I think that would be interesting and illuminating to look at Alltracel as it is indeed supposed to be a ‘success’. It seems as if GB left many Alltracel PIs extremely unhappy when the company was sold to a US based company. It would seem that there were many things that PIs were extremely unhappy about including special deals for management, dodgy shareholder votes, High Court cases, cronyism, complaints about a lack of transparency and disputes about the takeover. By all the accounts of the PIs there was clearly some very dodgy dealing.
Astonishingly, before the deal was agreed Alltracel management agreed to receive shares and options in the acquirer giving them a real conflict of interest. Incidentally I understand that Helium Fund were also involved in Alltracel. What a coincidence.
You might want to take a look below, these are all comments from another BB or the Irish Times. It is worth taking a look at the BB starting from about 8 pages in. There is not a single PI who has any time for the Alltracel BoD/management and they were all appalled by their treatment and the side deals that management got.
‘it cost us approx £65m to get Alltracel into a condition where the Independent Directors have agreed to sell out our company for £20.8m!’
‘So our management is supporting a minus 300% ROI?’
‘the more the old Altracell shareholders were stuffed the more management will be paid in future. Not exactly an incentive to get the best price is it?’
‘it will prove a phyric victory for a number of the individuals involved in shafting the shareholders. Judas lives and breathes within Alltracel House !’
‘I would not be taking care of myself or my family if I did not seriously question whether the take-over has been handled with the complete integrity it deserves.’
‘its been nice chating on here shame about the stab in the back ending,’
‘enjoyed reading the board and posting - I just hope it all ends in tears for the grubby little conmen associated with Alltracel (past and present).’
‘i ended up with little shares, but lost a lot of money on Alltracel. Very bitter about the management and the way we've been let down, but enjoyed the contributions to this board.’
‘Good luck to all.................. execpt those irish connmen, i hope the yanks swindle them as they have swindled us,’
‘Alltracel was founded by Gerard Brandon, a former plumber, in 1996.’
I cannot comment on the accuracy of these comments but it does make one pause for thought.
Chris - you might want to consider these comments when you say what a great record the DVRG management team have, GB is not the only individual working at DVRG who worked at Alltracel.'
TT - I think that you are acknowledging that I called this one absolutely correct. Thanks for that
Crisp - if you still trust GB then you are a stupid as Chesh, Smeeno, Ratty
I believe that Cammillus (DVRG CFO) is one of the people that was previously at Alltracel.
Coincidence? - I think not
Bemma - thank you but it gives me no satisfaction. GB is a conman and there are a number of people on this BB who should hang their heads in shame for their relentless ramping when there were clear and obvious signs that all was not right. GB did something similar at Alltracel and some of the same people who ran that con moved on to DVRG.
As I say the signs were there but some chose to not look and defer attention elsewhere
Didn’t GB say that debt funding was not death spiral finance!? He got that one wrong too!
I suspect that GB is driving the price down and will probably attempt some sort of MBO. I am unsure if he will be successful as he is so hopeless and I am not sure he is financially backable as he is incompetent- although he has clearly been working on this for some time.
PIs will be completely scr3wed.
This is following a very similar route as Alltracel. PIs get shafted and GB and his mates walk off with the money.
The BoD should sack GB with immediate effect. Clearly they should have some this months ago. If they do not it will be clear that they are also in on this scam.
Ratty, you are on the wrong side of this one. You have yet again demonstrated your complete stupidity. You are, in short, an absolute irrelevancy