The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Once again Zaza and his cohorts cannot be bothered about informing US about what is going on with OUR company, more so, an epochal event as the restructuring of the Company!
And we are left to ferret about for information (as if we do NOT matter).
Quite unsure how such an abhorrent behaviour can be excused away by anyone.
And now, quite obvious the 'enemy' is now being offered some sort of 'olive branch'
(NEVER start a court case you can't win, indeed).
Many thanks Tenners and DomFok for your vital work and sharing.
Thanks DomFokv - that's exactly what I did and his name came up for a court case in room 53 with Judge Shorena Jankhoteli.
As implied, it might be a totally unrelated case to FRR or a different person with same name as 'our' Zaza.
PS
"???? ????????????" = "zaza mamulaishvili"
Cheers
Seems Zaza has his hands mighty full indeed.
Court: Tbilisi City Court
Parties: Zaza Mamulaishvili, Merab Gvilava, Prima Audit Ltd.
Date: 02/10/2020
Type: Civil
https://tcc.court.ge/ka/Sessions
Cheers Looed - will appreciate if you can confirm what the timelines are re when you intend to 'widen the net' to ZM & Co, US legislators etc ?
I agree with Ziggy's (proviso) post.
To recap:
A letter sent by registered delivery to all known addresses of ZM and SN giving them a deadline of 7 days (10 days max) to 'get in touch' with its long-suffering shareholders through an agreed medium (FSG / RNS Reach?) otherwise as a first pass, we will "immediately" contact the Journalist L mentioned PLUS the (supportive) US legislators on our plight and the dire treatment we have been undeservedly served!
Sharealot - it depends on who is actually 'drawing up' the questions he's been asked in the various 'interviews'
This website can help with the OCR for Georgian scanned docs: http://www.i2ocr.com/free-online-georgian-ocr
Hope this link to the docs is helpful - https://we.tl/t-JxMtxBNjJF
Most of the docs is in English (from page 10) and it seems the rest are the Georgian translations.
....and by the way, this website - http://www.i2ocr.com/free-online-georgian-ocr seems to do a relatively good OCR of scanned docs written in Georgian and you can send it to google/yandex/bing for translation...although a page at a time.
I've now managed to get the largest .djvu file downloaded as .jpg file format - all 258 pages albeit into 258 files!
Tasking part is converting them all to English!
Part 2
[0:02:59-0:03:29]
Where even is the court everywhere in the court dispute we have with the state evroba anything on there Vatanen and nothing does not recognize what is back of it is written is very difficult if Davao our blinds Georgia is not attractive country for investment and continue if not work, since it is very CapitaLand in da maris late transactions however do allow there is a very large interest is still there
[0:03:32-0:04:31]
Marine codes bodily Dave, however, anywhere oil because does not allow us to village, contact one of the are he says that Mamuka senses incomprehensible to those claims where which refers to the fact that the company in a new part of the superpower of the profit oil and gas dato income and was 580 million dollars to invest in the background they constantly have atseva only 60 million dollars of oil and gas has obtained and is in addition the state of play in the so-called without any failure game as novel bills face is quite large contribution in carrying out other every year you get a mechanical and I was curious and no longer will, with respect to the current wage arrears on the narrative Zaza Mamulashvili said second davalliana accumulation state with complicated relationships and where negotiations during the course of these negotiations, the company was ready and not have the concessions to go, however ultimately foot laparaki did not take place and a few legal disputes as nanuashvili
[0:04:32-0:05:32]
Then I do not have due to preparing for and employees tsagareli wage arrears gouko to child palubila lost in since almost 580 million of equity to carry out and only 60 million of oil and gas have extracted and sale of Company, loss of or however, state from the first day of profit since the meters in the profit heart barrels of oil Sophia cubic meters of gas, and the state takes roboter's tax in addition, employees in sight from the salaries of contractors more tractor for the income their salaries and the state treasury, you got the huge amount of money and this from the very first day It takes a long time for our individuals to repay the debt.
[0:05:32-0:06:04]
Pine respect of which we have such a Assignment some months unfortunately from the state will occur interference is such that I do not know there to evaluate these people if I am not mistaken in each other something of what expectations the construction of the case for unclear reasons, the + 30 here ????????????? signed Magda debts and more this staff fate if the House gun as soon as the documents internal and external company to cover this debt
Used the following tools: GenYouTube --> Vocalmatic --> Yandex.
Part 1
Legal disputes and arbitration the decision of the court in anticipation of the author and Gas Corporation stark frontier Ross two existing dispute, its relevance does not lose its dragon investors-based company, the narrowing of the prime minister, attend a few congressman letter will take as for the Georgian oil and Gas Corporation of its contractual obligation, the fulfillment of the employees even ramdenime payroll payables the conversation of what is this background frontier Ross, director general of the position of the Zaza Mamulashvili with Asian, interview, Nino tabatadze, recorded in What says that as head of state, relations with and also employees with respect to existing debts, the fact that Frontera sensation case, many comments have been made already national still try this company from the Director General of megobari answering questions of area and therefore contact and dismantling, which is present and 5 to try I managed it and his record as Zaza Mamulashvili says stock rusebma
[0:00:59-0:01:58]
Negative attitude is not new, however, since 2013 the company is very worsened activity, the government of Georgia driver seen him permission to get as a consequence is on talks and also congressman of participation common sage official director, it is also unclear why you do not recognize the government of Georgia 580 million dollar investment, which companies and in Georgia when an international audit into with let's say activities of daily Salo oil and Gas Corporation of subtracted this amount of traffic we have, of course, reduced raditeli he reserves a bowl, of which about conclusion In recent years, said Zaza Mamulashvili says that the fish billion cubic meters of gas there are five less of baptism and the gas swelled the company has confirmed, however, government and tense relations, the most deeply can not block letters include Nino ToRs, and they will make sure the hot capital Birth Project are the investments of the heaven Deden
[0:01:59-0:02:58]
NATO and Gas Corporation each year approximately ten-member group representing the then 10-member Tour, Dali presented in the audit conducted by the want of costs and activities leading to those particular in response to an evening years detailing the study was on what the funds are rolled and where it will be located and how will the funds placed and assimilated some year we came to state, prove, length of pipeline, the construction of the project, then when and other company who have such a job to perform to very easily USD that have been in Washington from the very large support for open What dress code administration and then to the right are even not giving and our building of the day our extracted brazer spend in such a situation when
Culled from the FT today.
https://www-ft-com.libezproxy.open.ac.uk/content/4c483804-4cb5-11ea-95a0-43d18ec715f5
US private equity group KKR made a swift and strongly worded retreat after the embattled FTSE 100 hospital operator NMC Health said the buyout group was in the early stages of considering a bid for it. KKR published a statement on Tuesday saying it “has not made a proposal nor discussed with NMC the terms of any possible offer” and “does not intend to make an offer” for the company. NMC shares rallied sharply on Monday after it said it had received “highly preliminary approaches” from KKR and another group, GK Investment. In Tuesday trading, after KKR’s response, NMC shares dropped 16 per cent to as low as 761p, giving up some of the previous day’s gain.
NMC’s announcement about KKR’s interest was made alongside a separate statement that it had asked its founder BR Shetty and another top shareholder, Khalifa al-Muhairi, to step back from the board as the size of their stakes in the company may have been incorrectly reported. While the buyout group did not deny having held early-stage talks with NMC, the wording of its response suggested it was clearly distancing itself from the company, which is now being probed by UK regulators in the wake of the announcement on the reporting of its shareholdings.
The healthcare group said Mr Shetty, an Indian entrepreneur who brought NMC to the London market in 2012, was carrying out a legal review to verify his stake in the group. NMC has lost about two-thirds of its value since a report by short-seller Muddy Waters in December raised questioned over its finances and management.
On Tuesday, Muddy Waters raised new questions over the extent of the share pledges and what they were being used for. It said: “We opined that ‘we are unsure how deep the rot at NMC goes’, and we believe that recent events have ratified that concern in spades.”
NMC has denied the Muddy Waters claims.
The second of two potential bidders flagged by NMC on Monday confirmed its interest, however. GKSD Investment Holding, an investment vehicle backed by sponsors of Italy’s private hospital chain Gruppo San Donato, said that it was in the preliminary stages of considering an offer for NMC. GKSD is being advised by Switzerland-based GK Investment, which is run by Tunisian entrepreneur Kamel Ghribi, also chairman of a subsidiary of the Italian chain, called GSD Healthcare. Rothschild and Goldman Sachs are also acting as advisers. This is not the first time that the two companies have been linked.
NMC founder BR Shetty’s BRS Ventures was reported to have signed an agreement with the Italian group in 2018 whereby its healthcare professionals would be able to work in an NMC hospital. An NMC spokesman said: “There is no relationship between Gruppo San Donato and NMC. NMC cannot comment on BRS Ventures’ or the business relationships of its shareholder, Dr BR Shetty.”