who signed the loan

[geosname]

If deakin resigned at the end of november [as suggested in the sentinel] why would he pay for his shares after that?

If he hasnt he cant claim to be a director and has no vote, which makes the board inquorate and renders decisions possibly invalid which in turn raises questions over agreements and contracts after that date.

If miller did arrange and sign the loan deal who gave him sole authority or was it an invalid board decision?

Oh so many questions and contradictory answers.

[MagicFlask]

he resigned as ceo, not as director.....i think thats the situation.....

[Conrad]

If deakin resigned at the end of november [as suggested in the sentinel] why would he pay for his shares after that?

If he hasnt he cant claim to be a director and has no vote, which makes the board inquorate and renders decisions possibly invalid which in turn raises questions over agreements and contracts after that date.

If miller did arrange and sign the loan deal who gave him sole authority or was it an invalid board decision?

Oh so many questions and contradictory answers.

The plot thickens,confused.com

[Howjy04]

he resigned as ceo, not as director.....i think thats the situation.....

 

Leaving the club in February?

[Koop]

he resigned as ceo, not as director.....i think thats the situation.....

 

Don't all directors need £50k minimum invested to be a director though?

[Fosse69]

Don't all directors need £50k minimum invested to be a director though?

I thought so, but an IOU for £250k is worth more.=========

[VantaaVale]

he resigned as ceo, not as director.....i think thats the situation.....

 

As I understand it, he leaves both posts.

 

We are still waiting for the club to "decide" on his 20000 shares.

 

What's the betting they either find some other fool to invest £100K (exactly) or the shares are withdrawn?

[geosname]

he resigned as ceo, not as director.....i think thats the situation.....

 

Apparently.... but if he paid for his shares why would they need another 300K?... and knowing his shares have no value why would he stay as a director if he intended to resign as ceo?

[pete vale]

I think the club could be "Leaving" come February, we must be very close to investigation from the authorities etc

There has to be a reason for the movement of the AGM to Feb, I reckon it will all be apparent soon.

[Mow Cop Valiants]

I thought that 2 or more signatures were legally required to sign for the loan so who signed then!!!!

[Mow Cop Valiants]

Don't all directors need £50k minimum invested to be a director though?

 

not if they are sponsored and nominated by an existing shareholder

[Alan Baker]

Who is making the decisions at the Club now? Lodey ***?

[CAVALIER]

There's a bloke(now inside) who was known in the south of Stoke for taking a liking for a Company and just walking in one day, sitting at the bosses desk and kicking everyone out. He then took over because the owners sh4t themselves. this is whats needed, fan power, out with the lot, including Lodey. All of the Board, including the co sec must have known what was going on. Complete bunch of tarts.

[Jimmy]

Who is making the decisions at the Club now? Lodey ***?

 

 

I think Lodey and his wife represented the Vale at Hereford.......

[zaza123]

Don't all directors need £50k minimum invested to be a director though?

 

50K shareholding. Doesn't say anything about cash as far as I am aware.

 

If Bratt, Oliver, Lloyd, Adams and Lodey, as the board and secretary of the time, approved this then not sure what we can do. Suppose it depends what the offical promissory note says and if it is legally binding.

 

Can the club sue Deakin for 100 grand?