'proof' from the board

[tisdeano]

And those documents are meant to convince me of what exactly?

 

amazingly that they did not ensure the £ 150,000 arrived before using the shares to vote Deakin & Miller on board, talk about digging themselves further in a hole

[Pete T]

Can we see whether Peggy became a member of V2001 and enclosed her £5 subscription fee?

 

If she hasn't then she can't legally be issued shares.

 

And that yeah ^^^^^^^^^^^

[Jinkin John Jeffers]

From a club statement around mid November ---

 

Yesterday's statement reads: "Following speculation regarding the partnership between Port Vale and Blue Sky International (BSI) the club wishes to clarify the position.

 

"Cash investment from BSI (£150,000) has encountered contractual issues, which are being dealt with by chairman Peter Miller and vice-chairman Mike Lloyd.

 

"The projects announced around investment from BSI remain in place and the club continue to progress these without delay.

 

"New investment was also recently announced from club directors (£350,000) and this is unaffected by the on-going BSI discussions.

 

"Perry Deakin will present a full and detailed report regarding our partnership with BSI as part of the upcoming annual meeting.

 

"The board of directors continue to work hard to stabilise the club and progress off the field over the last few months has been significant, particularly across commercial operations – this progress will continue in order that the club can realise its short and long-term ambitions.

 

"The club is sympathetic towards the concerns of its supporters in this matter and is working for a successful conclusion. As such, it appeals to all fans to be patient and as soon as the club is able to update on this matter, it will do so.

 

"No further comment will be made regarding BSI investment until the issues currently being dealt with are concluded."

 

So without the negotiations being complete then The Blue Sky shares that were applied for should not have been used in any vote. Signed for or not.

[BIRCHES HEAD WHITES]

We have as much reason to trust the board as we do Blue Sky.

 

I am annoyed by this set back, and it is yet another let down in trying to take Port Vale forward.

 

If you take straight to the ground in protest again the only outcome you will force will be administration.

 

It seems to me we are at a point now where honesty is essential and let's see what the board have to say in the coming days and then let's use channels such as the Supporter's Club to seek answers in a formal and professional manner.

 

Protests are brainless and damaging to the club.

 

just as is burying your head .

[Nippy_Naylor]

Right, let's wait and let them line their pockets even more.

 

We've exhausted the formal channels of communication, and the b@st@rds only lie anyway. It is time for mass protest.

 

Just don't let it escalate to Manchester, Birmingham and London again. It made worldwide news you know

[Pete T]

Russell is Russell Lyddane, director of Sales.

 

He's also Vice President at Xeriscape Turf Surfacing, Inc.

 

TY Doha. Another name in the frame methinks.

[aspins-revenge]

In yet more irony, the name of the album being advertised at the bottom of the club website page is 'without you'.

 

If only.

[Pete T]

We have as much reason to trust the board as we do Blue Sky.

 

I am annoyed by this set back, and it is yet another let down in trying to take Port Vale forward.

 

If you take straight to the ground in protest again the only outcome you will force will be administration.

 

It seems to me we are at a point now where honesty is essential and let's see what the board have to say in the coming days and then let's use channels such as the Supporter's Club to seek answers in a formal and professional manner.

 

Protests are brainless and damaging to the club.

 

I see the SC as central to the focus of all groups (NLV, Seo, B&G) wanting to clear the boardroom.

 

Protests could be invaluable as long as they are the right side of the law and bring positive publicity to our plight. Leadership and organisation is needed.

[Jacko51]

So this form clearly shows that there was no promissory note for these shares - they were to be paid for in full. It says on the form. Yet we know that they were not paid for as JJJ points out above. So how could the shares be used in a vote when they had not been paid for and there was no documentation to promise payment in the future?

 

Can we also see the share application forms for Messrs Miller and Deakin please?

[Howjy04]

From a club statement around mid November ---

 

Yesterday's statement reads: "Following speculation regarding the partnership between Port Vale and Blue Sky International (BSI) the club wishes to clarify the position.

 

"Cash investment from BSI (£150,000) has encountered contractual issues, which are being dealt with by chairman Peter Miller and vice-chairman Mike Lloyd.

 

Thanks for posting that JJJ.So a form signed in September with an attached payment in Sept becomes nil paid in November ? Nurse!

 

"New investment was also recently announced from club directors (£350,000) and this is unaffected by the on-going BSI discussions.

 

"Perry Deakin will present a full and detailed report regarding our partnership with BSI as part of the upcoming annual meeting.

 

"The board of directors continue to work hard to stabilise the club and progress off the field over the last few months has been significant, particularly across commercial operations – this progress will continue in order that the club can realise its short and long-term ambitions.

 

"The club is sympathetic towards the concerns of its supporters in this matter and is working for a successful conclusion. As such, it appeals to all fans to be patient and as soon as the club is able to update on this matter, it will do so.

 

"No further comment will be made regarding BSI investment until the issues currently being dealt with are concluded."

 

So without the negotiations being complete then The Blue Sky shares that were applied for should not have been used in any vote. Signed for or not.

[Ben]

So this form clearly shows that there was no promissory note for these shares - they were to be paid for in full. It says on the form. Yet we know that they were not paid for as JJJ points out above. So how could the shares be used in a vote when they had not been paid for and there was no documentation to promise payment in the future?

 

Can we also see the share application forms for Messrs Miller and Deakin please?

 

I wouldnt like to cheat in one of your exams:ohmy:

[Santa]

Interesting timescales involved in the election of Perry Deakin.

 

Margit (Peggy) Julicher signs a share application form on Friday 16.09.11 (the day before the Shrewsbury game).

 

She must have popped it in the post straight away that night because once you allow for the weekend, the delay in Airmail, and the processing times involved with issuing shares, it was all done and dusted for Deakin's written resolution which went out 7 days later.

[robf]

So this form clearly shows that there was no promissory note for these shares - they were to be paid for in full. It says on the form. Yet we know that they were not paid for as JJJ points out above. So how could the shares be used in a vote when they had not been paid for and there was no documentation to promise payment in the future?

 

Can we also see the share application forms for Messrs Miller and Deakin please?

 

Seconded.

[Howjy04]

Thanks for posting that JJJ,but how did a payment of £150 k in Sept become nil paid on the SH 01 form in November ? Nurse!

[mikepvfc1876]

It's okay folks we can all believe them again now:

http://www.port-vale.co.uk/page/NewsDetail/0,,10381~2541534,00.html

 

Ami right in thinking those documents could have been knocked up by anyone. Surely anyone who knows how to copy and paste could make the football league document and also put any old squiggle at the bottom as a signature