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Clem Chambers...how does he get away with it? (AFN)     

maestro - 24 Nov 2006 17:02

fsa investigation?
ADVFN PLC
24 November 2006

ADVFN PLC (the 'Company')

Exercise of Options

The Company announces that options to subscribe for 150,002 ordinary shares of
one pence each in the Company have been exercised at a price of 1.25p per share.
These shares have been allotted and application for the shares to be admitted to
trading on AIM has been made to the London Stock Exchange. Admission of and
dealings in these shares are expected to commence on 1 December 2006.

Haystack - 09 Dec 2006 18:23 - 28 of 168

LOL

Dil - 10 Dec 2006 00:31 - 29 of 168

Oi maestro I often got "suspended" from ADVFN in the past but never failed to get back in on the fbb.

Sign up as Mystro and you still keep your identity but do as Kayak says first.

I remember once a few years back two guys signing up as Bu11share , Limsfie1d Chartist , C1em and a few others after being "suspended" by ADVFN , caused havoc for an hour or so but was hilarious ... their names escape me :-)

Dil - 10 Dec 2006 00:36 - 30 of 168

Good to see this board distinguishes between l's and 1's Bullie :-)

Optimist - 10 Dec 2006 00:48 - 31 of 168

Dil

I think hes run out of those combinations.

maestro - 12 Dec 2006 17:07 - 32 of 168

according to advfn i'm a rascist for exposing zionism....and my ban is permanent...typical christmas spirit from Chamber of bull-shit

Dil - 12 Dec 2006 18:47 - 33 of 168

If you use aol or btinternet its difficult to trace your isp address apparently.

DougalDog - 13 Dec 2006 00:43 - 34 of 168

I can confirm that maestro is not Glenn Rogers.

DougalDog - 13 Dec 2006 01:00 - 35 of 168

Also ... Big Al

This may be actually a good time to buy.

With the impressive turnover increase and the fact that "fees" going out of this company may just about to be dramatically reduced (AGM 10th Jan 07), this could be a great buy opportunity. Lets see what the SP does this week?

New management (???) could see it rocket ?? Could do no worse than under Clem.

Kayak - 13 Dec 2006 01:05 - 36 of 168

Why are "fees" about to be dramatically reduced please?

DougalDog - 13 Dec 2006 01:21 - 37 of 168

Because the actions of the action group ??

advfn-shareholders-action@hotmail.co.uk

I believe, will possibly, by the 10th Jan 07, have made them.

The action was started because the "Admin Expenses" of the company, have risen from 816k to 5.2M in three years (in an internet company with fairly fixed costs). With no explanation.

Watch this space.

maestro - 13 Dec 2006 16:45 - 38 of 168

bloody hell.. 5.2m!!!...thats why we never get a breakdown of subscribers and what cupid bay is making...bunch of thieves imho..if this management can't make money in a friggin bull market they should pack their bags and replace them with chimps who could do a far better job

Kayak - 13 Dec 2006 17:06 - 39 of 168

That is very unlikely DougalDog. Clem and Co. know it is their company rather than yours.

maestro - 13 Dec 2006 21:02 - 40 of 168

i notice Chambers never buys shares in advfn with his own money or come to that other directors...tight or what?

Exotoxin - 13 Dec 2006 21:35 - 41 of 168

At some point they will have to stop diluting their own equity share to avoid losing their majority stake.

goldfinger - 13 Dec 2006 23:42 - 42 of 168

Maestro, the real way to catch him, is buy complaining to your local Trading Standards office and the FSA.

Im pretty sure there sites practice of banning users and then offering them an upgrade at a higher price and then allowing them to post again is unethical.

Not only that but the use of individual posters having the right to ban and monitor posts (delete them) on the threads they have created is banning FREE SPEECH, go to your local Trading Standards Office, they will take it up.

Good luck.

Kayak - 14 Dec 2006 00:28 - 43 of 168

Not sure that the Trading, or even Traiding, Standards Office will be the slightest bit interested in "unethical behaviour" of the type you highlight, nor in complaints against the right to free speech, which by the way is not a right at all, particularly on a privately owned medium!

To prove that free speech is not a right even in general terms, do any of the following:

- stand in your town centre and launch into a tirade against any race or religion of your choice
- go up to a policeman and call him a string of rude names
- do the same to your wife or significant other :-)

DougalDog - 14 Dec 2006 00:31 - 44 of 168

They are not majority shareholders in that they own more than 50%. Far far from it.

Hodges and Chambers have been, over the last two years quietly flogging off AFN stock through ONL.

75% of AFN stock is now in private/institutional hands.

Ho hum - Let's see what shareholders really think of their spending (and on what - we still don't know - they won't tell us)

DougalDog - 14 Dec 2006 00:33 - 45 of 168

AGM is 10th Jan in Farringdon (think it may actually be moved as they need more room).

Watch this space

DougalDog - 14 Dec 2006 00:41 - 46 of 168

There is a view that the shareholders action is now talking to a major Irish shareholder and with two institutions could actually remove Clem on the 10th??

You have to wonder what Clem is so worried about??? He has doctored his own website and banned shareholders - one wonders ...... why?

P45 anyone

Kayak - 14 Dec 2006 00:50 - 47 of 168

Hi Glenn :-)
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