B.s.d Crown Share Discussion Threads

[cjohn] 01/2/2016 11:55

Obviously not a share for widows and orphans! Neftali like a vampire. They forgot to shove his stake through his heart.

Can't help thinking though that the share price IS supported by Willi-Food.

[cjohn] 01/2/2016 11:37

Hi Waterloo,

So it does look like BSD have been ripped off by Meinl Bank - I can't see on the info we have, that BSD have been complicit.

What is the chance of Meinl going insolvent? Again hard to give a % figure, given the very scant info we do have.

[waterloo01] 29/1/2016 14:57

More of the same.

[waterloo01] 28/1/2016 12:23

Company BGI Ukrainian businessman, a citizen of Israel Grigoriy Gurtovoiy so far failed to agree with the Austrian Meinl Bank to transfer a deposit of $ 11 million. There is a fear that these funds are a guarantee of an airbag or other debts.

[waterloo01] 28/1/2016 12:21

Power Ukrainian businessman Gregory Gurtovoy company BGI, which he bought in July last year, was under threat, says TheMarker. The article, published on 26 January reported that Naftali Sheni, one of the holders of securities of Israel 18, the owner of BGI, appointed February 17 meeting of shareholders of BGI. According to the publication, the purpose of the meeting - to dismiss the current leadership of the company and appoint a new, headed by Sheni.

Sheni last controlled the "granddaughter" Israel 18 - the company Emblaze Group (now BSD Crown Ltd.). In early 2014 he gave Israel the opportunity to buy 18 shares of 17.4% Emblaze. The move was part of efforts to the former owner of Israel 18, Odessa businessman Alexander Granovsky strengthen the control over the company. Israel has pledged to pay for 18 shares of Emblaze $ 22 million. At the same time 67.7% of the shares BGI and 10 million shares of the BSD as the guarantees were given to the trustee, lawyer Arnon Giltsteru.

According to TheMarker, to date Israel has paid only part of the 18 agreed to the transaction amount. She still has to Sheni about $ 7-8 million. Due to the delay in repayment of the debt Giltster decided to transfer the controlling stake BGI Sheni. At the end of December last year Sheni appealed to the leadership BGI to publish notices in the exchange to a meeting of shareholders of the company. However, BGI has not responded to this request. Moreover, according to Sheni, the company has even said that he would not do that.

As explained by the businessman, according to the Companies Act and the Charter of BGI, any shareholder whose share is over 5%, has the right to require the company to convene a meeting, and it is obliged to send out invitations for 21 days. If the company fails to comply with his demand, the shareholder may convene a meeting of their own. However, BGI said that Sheni is not entitled to do so, since he does not own shares of the company.

[waterloo01] 27/1/2016 12:11

true, but likely. share price still reflects holding value of Willi foods which is quoted in it's own right.

[landsker] 27/1/2016 12:04

its not certain that it is meinl bank though is it, if the cash is gone why is the share price not zero

[waterloo01] 27/1/2016 11:16

More of the same. (Meinl bank). So no need to RNS re holdings then? Have they given up on AIM or what?





"In a recent Supreme Court judgment (4Ob112 / 15x) against Meinl Bank has now been found for the first time that it is liable for damages to the investors, because they not only had the intent to deceive investors, but also the intent, the investor took damage or in buying that donors might be damaged."

No doubt they will go insolvent and with it BSD's cash.

[moneyman18] 20/1/2016 14:02

It was better when the Bid was 18p !

[cjohn] 20/1/2016 12:57

Good to see you haven't lost your sense of humour.

[moneyman18] 20/1/2016 12:54

Everyone has the chance to get back in !

[cjohn] 20/1/2016 12:42

If it was an out and out fraud, with current directors cooperating with the bank to rip off shareholders then I'd agree with you, Landsker, the shareprice should be zero..

But there is total ignorance of what's going on. Only speculation and rumour.. Until the disclosure order is fulfilled, we won't know what happened.

[landsker] 20/1/2016 11:59

if it was seriously thought that the money had gone for good the share price would be zero right now, that fact its not suggests the money is recoverable, how come shareholders are getting no facts , such as the name of the bank for example

[moneyman18] 20/1/2016 11:46

Its the best time to lose the cash,

No one will be bothered with such a small company, That's Life, The problem with BLZ is that we refused to look at the Bigger Picture

[cjohn] 20/1/2016 09:42

Hi Waterloo, you think BSD director/s must have been complicit?

At the least they have been grossly reckless with cash that isn't theirs.

[waterloo01] 20/1/2016 09:29

Cjohn, that might be the generous view of the situation.

[cjohn] 20/1/2016 09:24

So BSD has been a VICTIM of fraud, brought on by its own banking decisions?

The company HAS to make an initial response soon, in view of the disclosure order.

[moneyman18] 19/1/2016 11:16

RAIDERS its amazing that its all above board

[my retirement fund] 19/1/2016 08:59

I would agree with you - certainly looking possibly like a well planned and pre-mediated operation if so and surely the company should be in a position by now to update the market to confirm if it has or has not been subjected to fraud.

[waterloo01] 19/1/2016 08:43

If I had to bet I'd suggest that they have shifted the money the other way to Ukraine and it's gone. Seriously dodgy bank. Still no RNS on who bought the shares.

[waterloo01] 18/1/2016 17:23

target='window'>hTtps://translate.google.co.uk/translate?hl=en&sl=uk&u=


"History of Meinl Bank AG and withdrawal of funds from Ukrainian banks is the greatest scam in recent years in the financial industry in Ukraine."

target='window'>hTtps://translate.google.co.uk/translate?hl=en&sl=ru&u=



"Bank fraud: why no one responsible for the "empty" banks"

[cjohn] 16/1/2016 13:11

Hi My Retirement Fund,


Are you still interested in being put forward as a non-exec?

Yours CJOHN