A new thread that may swim in hibernation for a few days or weeks as the process of evolution takes place ......

Imagine a slimmed down debt free company with one division stacked with orders and self financing with cash in the bank.

Then imagine a partner for the other division with pockets so deep that they could fund a rocket to the moon ..... and back

Dreaming of course but Tads can do that to you ..... what a gem or is that a bygone dream as well .....


ainsoph


We started the day at 4.75p mid - risk grade 583 - currently 6p - spamming posts 63 out of 140

nice one densil


M

Moneylender, Where have all the Gem shares gone?
I only bought a few.

Densil.

Not sure I can answer that. Ask Mr Caplin, he is supposed to look after
our interests.

Mind you he is a shareholder now, perhaps he is looking after his own interest.

A leopard never changes his spots

M

IEQ to be wound-up, litigation will continue
Scheme set up to assist liquidators recoveries for creditors and shareholders against former directors

Athens Greece -- (OfficialSpin.com) -- 28/05/03 -- IEQ PLC today announced that the Company would be wound-up following a Petition being pursued by its managing director, Greg Lloyd Smith. Lloyd Smith, who, with his wife, is one of the largest creditors of the Company, sought the Petition as a method of assisting with the Company's two lawsuitsclaiming more than 3 millionagainst a number of former directors and one adviser.

Current insolvency legislation allows directors of failed companies to be pursued in the courts for recovery of money where there has been negligence, misconduct or misappropriation of assets. However, all too often liquidators cannot pursue actions because of lack of funding.

Under the civil recovery scheme The Insolvency Service and a team of private sector insolvency specialists known as the Forensic Insolvency Recovery Service ("FIRS") work together to take legal action against directors in appropriate cases. The legal action is on a no-win-no-fee basis.

The scheme aims to deter directors from abusing the privilege of limited liability, and to obtain a return to creditors.

IEQ PLC recognised that the FIRS programme would assist in connection with the company's ongoing litigation:

-- IEQ PLC v. Sir Richard Needham, others, Case No. HC02-C00065
-- IEQ PLC v. John Shaw, others, Case No. HC03-C01527

The full list of defendants are:
Sir Richard Needham
Anthony Caplin
John MacKay
John Shaw (two lawsuits)
Christopher Foster
Seymour Pierce Private Equity Limited
Jonathan Wright
EMCEE Nominees Limited
Memery Crystal Solicitors
The first case involves significant breaches of fiduciary duty by the former directors that resulted in the loss of more than 3 million in shareholder funds. The second case involves the very basis upon which IEQ obtained its certificate of trading and admission to AIM and includes the companys former solicitors,

Bust week for Caplin:

The six defendants project more than 700k in costs to defend the claims being made by IEQthrough to trial, which is currently scheduled for the week beginning 3 June 2003.

http://www.officialspin.com/

Densil - 31 May'03 - 21:13 - 307 of 312


Sequestoe, if you're replying to me, don't bother because you're on my squelch list. Nothing personal but I'm not interested in your views.
-----------------
Moneylender - 31 May'03 - 21:25 - 308 of 312


nice one densil


M
---------------------------------------------

LOL!!!!!!!!!!!!!!!!!!!!!!@the two pillox.

Letter to the Ed.Times Newspaper

Dear Sir,
Although I never read your letters column it may well be that someone is adressing me , I am of course not in the least bit interested or indeed interesting, please ensure that I never see the opinions of any who may have contrary opinions to mine,

Dense1

ps please cancel my subscription if I have one!

pps my Pawnbroker is in complete agreement with my every mutterence



posted at the end of an excellent birthday party- and so to bed!!!!!!!!

Where is it being held? Thje trial?

Where is it being held? The trial?

Sory, slow connection. I think Proxy Plus has hiccups today

Ashley, I went to official spin and typed Caplin in. Very interesting indeed.
The prima facie case raises a lotta interesting questions.

olie

if you actually read my post you would appreciate that aliases do not interest me a jot. im a big boy and take no notice of the stuff i want to take no notice of.

it should be a required caveat of every thread to state "never believe ANYTHING you read on a bb "

LOL

superb...lol

A `big boy` with a nickname `superrod`?, wellll I suppose so?
and purlease don`t repeat the reasons for it my tea is nearly ready!!!!!!!!

Sequestor - 02 Jun'03 - 18:28 - 319 of 319 (Filtered)


even better

Hmm not much to say for yourselves then.

dick hides behind the sofa again

No good talking to me sequester, you're still squelched.

Dense1 appears from behind the sofa for a quick peek, but is too frightened to
go too far

ROTFLMAO!!!!!!!!!!

Very cogent I'm sure but squelched you stay

another quick peep dense1?

Well here we go then Pifflers a down day, retracement back to the good old 4p soon?, who knows least of all the gang of ten

lol!!!!!!!!!!!!!!!!!