Avi Global Share Discussion Threads

[harry punter] 26/11/2004 16:14

the ball is entirely in the action groups court now to organise itself --and arrange for a representative to speak to john adams with confidence in calling for an egm asap

[harry punter] 26/11/2004 15:56

gazza i believe san in principle is in favour --i spoke to san at lenght about a week ago

[harry punter] 26/11/2004 15:52

i appologise as i have dominated this thread at times -but i am totally committed and mean every word --i am certain jez will meet with john adams and other shareholders to progress this recovery plan -on this note i have said all thats needed --this plan can work but its up to all of you to support these motions ----

regards harry

[gazzastrip] 26/11/2004 15:46

HP as you are/were on speaking terms with Jez why dont you put it to him to gauge his interest. We can pursue him legally and with appropriate publicity if he does not want to play fair with us in the way you suggest or any other way.

Please report back once you get his answer,cheers

[harry punter] 26/11/2004 15:37

the idea is to gain full approval from jez for this common sense solution to restore share holder value to the company and all its investors --this approach is surely a much better way forward than dozens of lawyers and hours in litigation

[harry punter] 26/11/2004 15:24

resolution one ----
pass a vote of no confidence in the board and its financial advisers

resolution two ----
appoint charles stanley financial advisers

resolution three--- appoint john adams non executive director

resolution four ---re-appoint jez san director

resolution five ---appoint matt spall chief executive officer

resolution six ---seek and appoint a new finance director

just a few ideas for the egm prehaps you can make other suggestions like ldmachin be appointed a non exec all this is possible and subject to your approval punters

[harry punter] 26/11/2004 15:08

i have just spoken with john adams and he is very happy to pursue this line and meet members of the action group as we all share a common goal

[harry punter] 26/11/2004 15:03

a re-construction and fund raising is in all our interests including jez san

[blue tooth] 26/11/2004 14:41

hp - morpheme is owned 100% by San - why would he give it back to AGT plc?

[daisy777] 26/11/2004 13:23

I haven't emailed John Adams, but phoned him.

Calling an EGM without being ready or agreeing an agenda would be unwise. How many voting rights would it take to change the Board of Directors, Stockbrokers or Financial Advisors? What about other options like a vote of no-confidence, rejecting the accounts?

The company hasn't been wound up yet. It appears to be being drained - there can't be many assets remaining, so what resources does the company have to work with and who would want to trade with it? Won't it be wound up in 6-months or so because it can't function?

Companies House, on 'Liquidation and Insolvency - GBW1':



The options seem to be:

1. Sit and wait to see what the company does.
2. Call an EGM when ready, if there are enough voting rights (dependant on the prospects of the company and what may be achieved for shareholders).
3. Work out where shareholders stand legally.

[harry punter] 26/11/2004 13:02

i am certain an egm is the very best way forward --it is my intention to help see the qoute restored with the appointment of new brokers and a new board elected by us including jez san --this is all very possible if we work realistically together ---new finance director plus new non execs ----under these circumstances the company will be able to raise fresh finance to develope morpheme

[harry punter] 26/11/2004 12:41

[e-mail]

telephone [phone]

[jiggle] 26/11/2004 12:25

anybody tried emailing John Adams yet?

[harry punter] 26/11/2004 12:25

daisy i have known john adams for years he is honest and trustworthy --if i have one complaint against him its that one --i assure you john is very busy and returning calls unfortunately is not a strong point of his --but if this egm gets underway i am sure he will put aside other things as this is very important especially if he wants charles stanley to become the appointed brokers eventually

[daisy777] 26/11/2004 12:18

Why couldn't John Adams take Gazza's call a couple of weeks ago, how do we know another call from the group won't be taken?

[harry punter] 26/11/2004 12:12

i think john adams has been supporting the action group all along but because charles stanley are not the official company brokers at this moment his hands are tied ---is he willing to write to his clients lol yes he is -- but the group already has his full client support verbally ---daisy ask john to call an egm on behalf of the action group --this he can do his 7 % plus the action group is more than enough ----

[daisy777] 26/11/2004 12:02

So, if Charles Stanley is out of the picture how will those clients know about the group, would John Adams write to them?

[harry punter] 26/11/2004 12:00

if a resolution was put forward i would support charles stanley to become the new brokers

[harry punter] 26/11/2004 11:57

charles stanley will not go on record imo --i am saying daisy john adams is an agent for his own clients maybe 40 clients who are free to register with the action group ---he can however speak on those behalf un-officially ---under fsa rules he will need to write to all his clients and my friends this is long winded and time consuming

[daisy777] 26/11/2004 11:47

You mean Charles Stanley can't join the group on behalf of those he represents because of FSA rules, and because he has a conflict with Evolution Beesons?

[harry punter] 26/11/2004 11:37

daisy ---------ditto -----------

[harry punter] 26/11/2004 11:35

gazza he represents his own clients 6%-7%----cold calling comes to mind plus he is in conflict with evolution beesons so its hard for him under fsa rules to contact the group directly -its better from a regulatory view that group approaches charles stanley and john adams he needs support to call an egm

[daisy777] 26/11/2004 11:32

Charles Stanley (not John Adams).