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'proof' from the board


CharlieHarper

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they seem quick enough to provide "proof" of BSI's alleged purchasing of shares yet not their own........

 

also, Mr Julicher states that they changed the deal during negotiations.mmmm

 

also, it was never for the £5/8m PD/PM/ML claimed so yet more lies

 

Caught a bit of Hank's interview on RS.It sounded though a deal had been done but he said their was a 24 page document all pages numbered and a page unnumbered which his attorney spotted .The scrotes were asking for dough after a month which was not part of the agreement according to Hank.500k was all he ever was going to

put in ,it seems there was no cash up front in the deal.

He hadn't got a clue what the shares were about.Hope I heard it all correctly.Apologies if I didn't.

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Caught a bit of Hank's interview on RS.It sounded though a deal had been done but he said their was a 24 page document all pages numbered and a page unnumbered which his attorney spotted .The scrotes were asking for dough after a month which was not part of the agreement according to Hank.500k was all he ever was going to

put in ,it seems there was no cash up front in the deal.

He hadn't got a clue what the shares were about.Hope I heard it all correctly.Apologies if I didn't.

 

Was he saying they tried to slip an extra page in hoping they wouldn't notice and sign?

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Jean I saw your quote in the Sentinel.

 

The frustrating thing is I think Port Vale is committing unnecessary suicide. The ingredients are there for us to run on a break even basis without the desperate need for investment.

 

I still believe in Micky Adams and I still believe this squad is good enough for at least a playoff spot. We have however shown some very poor form and an inability to deal with injuries. When we're winning though it puts an extra 1000+ on the gates and I really think some good form will be round the corner.

 

The handling of this blue sky matter by the board is suicidal, mainly because the repercussions are obvious, protests and boycotts again, spiraling the club in to the threat of administration.

 

Port Vale should not be a disaster club. If you think Port Vale is in threat of administration I urge you to get to the games and avoid it, don't boycott so the board can say 'I told you so'.

 

I'm sick to death of these embarrassments to our club and I'm going to seek answers from the board, but I will not advocate protesting or boycotting, I will not risk the potential harm on the club.

 

Emotions are running high and it's easy to get carried away and cause damage to the club and talk of administration is disturbing.

I'm for a period of "wait and see" hoping for an improvement on the pitch looking to Mr.Adams to justify his existence.

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You might want to pay a visit to PVO. I think Gary explained it there.

 

I think Hank said there were 2 paragraphs on the page which basically altered the whole deal completely.He went "whoa just a minute ,this isn't what we agreed to" or words to that effect.He definitely said the club asked for money from him about a month later.Gary does indeed explain it on PVO,probably a bit better than myself.:;)

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Will be interesting to see the Sentinels response to the boards statement,page 5 right hand column most prob,NO MATTER WHAT,MILLER LIED TO THE SHAREHOLDERS TO GET ON THE BOARD,

 

Tideswell tweeted this evening about miller and deakin refusing to answer any questions. So I don't think he is going to lay down for them. PD and PM will try to use RS for propaganda, and being a devoid of anyone deserving to be called a journalist, they will let them.

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If I submitted a share application form and didn't put in a cheque, my application would be declined and the form sent back to me asking to enclose payment.

 

If I submitted a share application form, enclosed payment and received shares, but then at a later date found out that the payment was misappropriated and the shares had been recorded at Companies House as unpaid shares, I would maintain that my shares were paid for and unless the company could demonstrate otherwise.

 

The point I'm getting at is that either there is a record of Blue Sky agreeing not to pay for shares and being liable to pay for them at a future date, or they have filled in the application form, received shares, and it's the company's responsibility to ensure that the money is received and accounted for correctly.

 

So unless the club can prove that an agreement to issue unpaid shares was in place, there is nothing to say that Blue Sky didn't pay for them and the money didn't "disappear".

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If I submitted a share application form and didn't put in a cheque, my application would be declined and the form sent back to me asking to enclose payment.

 

If I submitted a share application form, enclosed payment and received shares, but then at a later date found out that the payment was misappropriated and the shares had been recorded at Companies House as unpaid shares, I would maintain that my shares were paid for and unless the company could demonstrate otherwise.

 

The point I'm getting at is that either there is a record of Blue Sky agreeing not to pay for shares and being liable to pay for them at a future date, or they have filled in the application form, received shares, and it's the company's responsibility to ensure that the money is received and accounted for correctly.

 

So unless the club can prove that an agreement to issue unpaid shares was in place, there is nothing to say that Blue Sky didn't pay for them and the money didn't "disappear".

 

Exactly.

 

Where is the promissory note for the BSI shares? It must be that way as the SH01 form states nil paid shares. If there is no promissory note, those shares should not be allocated and most definitely should not be used in a vote.

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If I submitted a share application form and didn't put in a cheque, my application would be declined and the form sent back to me asking to enclose payment.

 

If I submitted a share application form, enclosed payment and received shares, but then at a later date found out that the payment was misappropriated and the shares had been recorded at Companies House as unpaid shares, I would maintain that my shares were paid for and unless the company could demonstrate otherwise.

 

The point I'm getting at is that either there is a record of Blue Sky agreeing not to pay for shares and being liable to pay for them at a future date, or they have filled in the application form, received shares, and it's the company's responsibility to ensure that the money is received and accounted for correctly.

 

So unless the club can prove that an agreement to issue unpaid shares was in place, there is nothing to say that Blue Sky didn't pay for them and the money didn't "disappear".

 

Do we still need to be a fully paid member of V2001 before applying for shares? If so, were BSI, PD & PM fully fledged members? :unsure:

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