AGM Resolution to remove the BOD (LFI)

Any interest in an AGM resolution to the remove the BOD ?

20 year performance for LFI under the leadership of David Marshall shows a noticeable loss if remove the one off gain due to sale of a property.....and a flat performance if include that property gain...which is a significant loss if take into account inflation.

Other funds have multiplied X 4 over the same period....such as Morningstar Smaller Cos. or Blackrock Smaller UK Companies.

While shareholders have done badly...it looks like the return to the Marshalls has been running at 14% per year on their investment value. (incl. son has been getting director's fees at subsidiary)

and D.Marshall has intentionally hidden from LFI shareholders that a son has been getting paid from the operation of LFI.....and that money is paid to an overseas company linked in some way to David Marshall (from MWB, NBI, FIF.....)

Doctors Direct. Return of 0 to shareholders after investment of 1/2M pnds.
Sanctuary Group. De-listed ...then owned by creditors I think.
MWB....from 300p to 8p now. Effectively a complete loss at the moment. (except for 1/3rd of the shares that were sold before the slump)

The investment strategy of David Marshall has been proven over 20 years.

THAT IT DOES NOT WORK !!!!!!!!!!!!!!


..for shareholders....while it may work quite nicely for the Marshalls with a yearly return of approx. 14%. And not disclosing certain related party transactions to LFI shareholders....such as subsidiary payments made to son.

And the board needs changing....at the moment it appears to be a group of yes men, all under the control of David Marshall. (Sarasen bank members on the board are involved with David Marshall companies imho, eg. Monteagle Marshall) imho the board does not comply with the LSE and FSA regulations for independance or for review of performance and modification of strategy...nor does LFI comply wth the Company Act that requires the company to operate for the benefit of all shareholders...and not mainly for the benefit of the major controlling shareholder.

Any LFI shareholder out there interested ?....Or all asleep ? Or don't care about the return from their money ?

LFI needs to invest in companies without putting a director on the board.....and to invest in good investments (which LFI BOD) have shown they are unable to detect.
If needed, use a respected fund manager to select investments or provide a list of prospective investments...or I (or anyone) can provide such a list.