Posts

Showing posts from August, 2024

Questions for Albion AGM - Tuesday 3rd September. Will Patrick Reeve still be in office on Wednesday? Will Albion Capital Group llp be closed down completely?

Image
No reply yet received to my request for answers ahead of the AGM: My letter of representation to appear, ask questions and vote is from AJ Bell.  Questions by Mark Gregory Hardy, Penny House, Pound Green, Thurlow CB9 7HY, a shareholder of Albion [ERRATUM: ENTERPRISE not Evolution] VCT plc, at (or before) the AGM to be held on 3 rd  September 2024: General: Why does Albion Capital Group llp always file accounts at Companies House for all its managed VCTs before the accounts have been received/reviewed/adopted by shareholders at the AGMs? The accounts for this company were filed with The Registrar yesterday 12th August 2024 - 3 weeks before the AGM. Resolution 1: Why does the Directors Report (page 27) state that the combined “Albion VCTs” have only a 8.5% interest in the Voting Rights of Quantexa Ltd when the true figure is 9.5%? (see attached). Why did the Directors not disclose that a further 2.6% is owned by the Chairman and other members of Albion Capital Group llp in non-traded ent

Should Colin Bell the CEO of HSBC Bank plc and the others in the mugshots below be behind bars for their continuing Criminal Conduct? Why would anyone trust HSBC ever again?

Image
Where is Sarah? The farce continues ... 523 days and counting. Nowhere to be found at Companies House https://find-and-update.company-information.service.gov.uk/company/10045407/officers BUT here is the Quantexa unchanged website this morning: Other than not wanting to have to file Amended Accounts the only plausible excuse is that QUANTEXA is a busted flush and all directors (particularly the "Compliance expert" Colin Bell) are frightened of their position when they are deemed to be "trading whilst insolvent" and they hope to never be prosecuted for Perjury and avoid extended prison sentences if/when QUANTEXA is liquidated.

You would have thought that by now ........ (sung to the tune of Freddie Mercury and "Another one bites the dust")

Image
Try reconciling today's Companies House filings with both the legal requirements and the "porkies" that are being told to the Public by fully regulated City of London Asset Managers: ---------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------- My former Joint Venture partners and fellow Company Directors (US$50m more than 35 years ago, Rod Kent and Peter  Winkworth of Close Brothers plc ) will surely be ashamed and appalled by the misconduct of the man they recruited at that time and to whom they then sold the VCT business. Is it safe or advisable to carry on any business in the City of London?

[UPDATED 13 August] Senior lawyer starts "Naming and Shaming" some company law compliance miscreants.

 "From little acorns mighty oak trees grow." https://taxpolicy.org.uk/2024/08/10/list_of_plcs_that_have_missed_accounting_deadline/ ... the UK's most respected investigative tax lawyer Anyone seen Sarah?     Colin Bell (CEO HSBC Bank plc) and his cronies need to be in Court and sentenced to lengthy prison terms "pour encourager les autres". Voltaire had it right in 1759 when he wrote those words.  Will the new Secretary of State start a public naming and shaming policy - as Dan Neidle has shown - it doesn't take a rocket scientist to produce even weekly updates. UPDATE: 13 August 2024 "Britain is trying ( "and deliberately failing") to clean up its dirtiest secret" https://www.politico.eu/article/virgin-islands-andrew-fahie-corruption-britain-tries-to-clean-up-its-dirtiest-secret/ "Britain’s role in the darker side of financial services. Be it in the City of London...." Anyone seen Sarah Diamond on a beach from which she can be

The Emperor's new clothes... The City of London is yet again revealed in all its nakedness of corruption and fraud.

Anyone else going to confront Patrick Reeve, Chairman Albion Group LLP     and one of the masterminds and personal beneficiaries of the Quantexa fraud and swindle on "my company", Albion Enterprise VCT plc of which he is also Chairman, at the AGM on 3rd September 2024? Didn't anyone know I am a shareholder? Oh dear. Reeve is a Chartered Accountant - member of Institute of Chartered Accountants in England & Wales ("ICAEW") Will he resign before the AGM - probably. Do look at the records of Companies House post appointment of new Scottish Auditors and most is laid bare for all to see, so that anyone with half a brain can spot the total gross incompetence of Reeve and all the Albion Management that has been going on year after year, and the falsity of the declarations in the Confirmation Statements under penalty of Perjury.  s.30 Companies Act 2006 means all Directors have to resign and Albion have to go as being probably the most incompetent Company Secretary

491 days to free a Journalist from Putin's clutches - how much longer before Colin Bell and his cronies comply with the laws of the UK - 512 days and still counting

 QUANTEXA is a farce. Making knowingly false statements and omitting other statutory disclosure in accounts dated 21 December 2023 is the least of its problems. Anyone awake at the Department for Business and Trade now that Kemi has gone? Today's news of cancellation of investments in AI etc should also include a winding-up order against QUANTEXA on public interest grounds. How much of the Series E money has it burnt through in the last 15 months?