Incagold Share Discussion Threads

[buystock] 27/1/2010 13:33

Following the divestiture, the Directors believe that the Company could be
attractive to a number of potential targets/investments. The Directors intend to
seek to acquire another company or business in exchange for the issue of
Ordinary Shares in a single transaction (a "reverse takeover"). The Directors'
main investment criteria are: -


* businesses in the UK, Europe and North America;
* businesses which require little or no funding in excess of the cash resources
available to the Company following the Disposal; and
* businesses whose growth prospects, if achieved, will be earnings enhancing
for Shareholders.

[buystock] 27/1/2010 12:55

buys on plus are tiny ie 5k/10k buying is a no go what price an rto from mr tilleards music company or his

[bozzy_s] 27/1/2010 12:52

450m shares in issue, £14k cash in the bank, no trading activity? Cash of 0.003p per share! Market cap should be around £250k - £500k, so around 0.1p per share. Very very overpriced and full of hot air (as proven on this BB)

[bozzy_s] 27/1/2010 12:48

Did I read this right, they gave away their only trading business to a director in December?

[buystock] 27/1/2010 12:32

ANDRABEA mr tilleard is 1 bright rich cookie The company behind Swarfega, the hand cleanser used by mechanics, could be about to change hands for up to £300m.

Sources said Barclays Private Equity had appointed UBS, the investment bank, to examine strategic options for Deb Group, which owns the Swarfega brand.

However, it is thought UBS has yet to send out an information memorandum on Deb Group to potential buyers.

The business is valued at between £200m and £300m according to City bankers.

Sources said several private equity firms, including some of the larger buyout houses, and trade buyers will bid for the business.

The Derbyshire-based Deb Group was founded by Audley Bowdler Williamson in the 1940s.

He invented Swarfega and began manufacturing the product from his home. Initially, Williamson marketed the substance as a preserver for women's silk stockings until nylons conquered the market and destroyed the need for the Deb Silkware Protector.

Undeterred, he re-marketed the product as Swarfega, a green jelly that removes grease and oil stains from skin. The name of the product came from Swarf, the filings produced when machining metal.

However, the company's name, Deb Group, harks back to the gel's original use: Deb is short for debutante.

Nic Williamson, the founder's son, eventually became chief executive of Deb Group.

Sales of its original skincare products, including Swarfega, declined in the 1990s. The company, though, turned itself around by inventing a new dispenser system.

In 2004, the Williamson family landed a multi-million pound fortune when Barclays Private Equity bought a stake in the business for £135m as part of a management buyout of Deb Group.

As part of the deal, Nic Williamson and Roy Tilleard, Deb's financial director, held shares in the firm, although it is not clear whether they still own any stock.

The business has since focused on developing a wide range of cleaning, hygiene and workplace skin safety products, such as Cutan Hand Hygiene and Odex.

When Barclays Private Equity bought the company, Bill Forrester, the former chairman of John Laing, joined the board as chairman. However, James Wilde, the former chief executive of Rentokil, became chairman in 2005, while James Anderson, the former chief operating officer of Coats, was later appointed as chief executive of the business. The group now comprises 21 companies operating in 16 countries.

[andrbea] 27/1/2010 12:23

this stock is like the 11x table
up 33%, 44, 55%...

:-)

[buystock] 27/1/2010 12:21

plenty pokers in the fire a private music company
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Send History of P3
P3 Music is a UK based, independent music company encompassing record labels, music publishing and artist management.
The company was founded by Alison Burns and James Taylor, who collectively have over 35 years of music industry experience, and was formed to create a high quality, integrated music company with a primary focus on niche artists and complementary services.

Founded in 2001 the company's main office is in Dundee, a city originally known for jute and journalism but more recently bio-technology and the computer games industry.
To date the company has worked with artists including Deacon Blue, Martin Taylor, Jeff Beck, Bill Wyman and Jamie Cullum.

In 2007 an Isle of Man based private equity firm took a 50% stake in the company and aggressive growth for the business is planned.

The Board
James Taylor MBA, Chief Executive Officer
James Taylor is the Company's co-founder and Chief Executive Officer. After leaving Stow College, Glasgow with an HNC in Music Business Administration in June 1995, James worked for Linn Records and music instrument retailer Sound Control before co-founding P3 Music.

By the time James had reached the age of 21, he had negotiated his first recording deal with a Japanese multi-national and by the age of 22 had negotiated deals with major corporations BMG, Sony, BBC, PBS and Yamaha.

In March 2003, he co-founded, a registered charity, with co-director Alison Burns, which was set up to promote guitar in schools.

In 2005 he was awarded the SD Southern Scholarship to study marketing at the Richard Ivey Business School in Canada and in 2007 completed his Masters in Business Administration (MBA).

He has chaired the PRS Scottish Consultative Committee and is a member of the Entrepreneurial Exchange, Scotland's leading organisation for ambitious growth oriented entrepreneurs, whose members include Sir Tom Hunter, Charan Gill and Sir Tom Farmer and whose companies employ more than 217,000 people, with a collective turnover of over £16.6 billion.

Alison Burns LLB Dip LP NP, Chief Operating Officer
Alison Burns is the Company's co-founder, Chief Operations Officer and in-house legal counsel.

Prior to setting up P3 Music, she has enjoyed a successful career as a professional actress and singer, following which she studied law at Dundee University and qualified as a solicitor. Alison worked in private practice as an IP lawyer with a major Scottish law firm and, subsequently, as Scottish consultant for the music business division of London-based lawyers Edmonds Bowen & Co.

Alison has also lectured extensively on the music business and female entrepreneurship and has presented on various music industry panels.

She is a guest lecturer on University of Dundee's Company and Commercial Law course and along with co-director James Taylor, she co-founded a registered charity in March 2003 in which she created the "Guitars for Schools" initiative which was set up to promote guitar in schools throughout Scotland. Alison is also a member of the Entrepreneurial Exchange

Roy Tilleard, Non Executive Director
Roy Tilleard, a qualified accountant, has held executive roles in both multi-national (Unilever) and private businesses. He is best known for leading the international expansion of the Deb Group, known for its Swarfega brand which he part-sold to Barclays Private Equity in a £135 million transaction. He is also a Director of Callows Yard Developments, and £13 million commercial property development in Castletown, Isle of Man, and Corporate Finance business Fox Capital.

Jerry Carter, Non Executive Director
Jerry Carter, is an Isle of Man based Advocate who formed Carters in 1996. Jerry obtained an Honours Degree in 1981 from the University of Wales where he obtained a University of Wales Golfing Blue in 1979. He qualified in 1984 after being articled at Kelly Luft Stanley & Ashton. Jerry specialises in contentious and non-contentious commercial work, compliance and general litigation. He has exceptionally wide and detailed commercial experience.

He is a founder member of the recently formed Licensing Forum in the Isle of Man, a member of the Isle of Man Law Society Council, a former Chairman of the Small Practices Associations well as having acted as Deputy Chairman of the Interception of Communications Tribunal.

[buystock] 27/1/2010 12:14

About Lorne House Family Office ...
A Family Heritage...

Lorne House Trust Limited has been resident at Lorne House during all of its 25 year history. This magnificent 18th century house, built in Castletown in the south of the Isle of Man, has been home to several distinguished local families, in addition to the Island's first Governors. The grandeur it enjoyed in earlier times has once again been restored by its new proprietor, Roy Tilleard. The spacious grounds and solid stone walls of Lorne House elicit an air of privacy, benefiting the Lorne House Family Office, which prides itself in affording confidentiality and discretion to its clients and intermediaries.

An Office Suite of Services...

Lorne House Family Office, a trading name of Lorne House Trust Limited, is owned by accountant, Roy Tilleard and advocate Jerry Carter. Lorne House Trust Limited is an independent, privately-owned company, licensed and regulated by the Isle of Man Financial Supervision Commission. Lorne House Family Office is focused on providing company, trust and investment management services to entrepreneurial ultra-high net worth clients, thus providing all elements of a truly bespoke family office administration and advisory service. Through our strong relationships with professional intermediaries, coupled with an excellent understanding of regulatory and fiscal issues and the legal expertise offered by Jerry Carter and his associates, we are well positioned to arrange bespoke legal and tax advisory services for our Family Office clients. Our close relationship with Fox Capital Limited, owned by Roy Tilleard and Justin Martin, also gives our clients access to private equity and alternative investment opportunities.

An Island of Opportunity...

The Isle of Man is an established, AAA-rated international finance centre, with a secure base built on the political stability of its 1,000 year-old parliament, low taxation and a firmly established fiscal and regulatory environment independent of the UK. More recently the Island has attracted increasing numbers of wealthy individuals with favourable limits on individual income tax liabilities. In addition to the security and excellent quality of life the island has always offered, this represents an attractive proposal for many individuals seeking a permanent place of residence here. The introduction of new investment and taxation vehicles have successfully maintained and developed the Island's status as one of the premier finance centres, the Isle of Man Government implementing a zero corporate tax strategy on 6th April 2006. Companies established under Isle of Man law are used internationally, and outside of the UK, the Isle of Man is the most popular jurisdiction for the incorporation and administration of AIM-listed companies. The Isle of Man is a Common Law rather than a Civil Law jurisdiction, and through both legal precedent and legislation, it has established a robust framework for trusts to flourish, affording protection to trust assets and to settlors and beneficiaries.


Our motivation is to nurture amicable long-term relationships with our clients, since it is their continued business which represents the true value of the Lorne House Family Office.

[buystock] 27/1/2010 12:03

UP 55% AND volume aint started the man behind the company Roy Tilleard, a prominent Isle of Man-based businessman, says he is content to leave the management of his millions to his bankers while he runs his commercial ventures.

Mr Tilleard became seriously wealthy in 2004 when he sold half of his holding in Deb Group to Barclays Private Equity in a £135m ($276m) transaction. He added to his wealth when he sold the rest in December 2006.

"Having money and having to invest it is a pain," he says. "I am a complete workaholic and I love running businesses. I like working and I like working with people."

Current projects include the £13m redevelopment of the centre of Castletown, the island's oldest settlement; restoration of an the historical Lorne House, as a business centre and a base for trust services; and the expansion of Kurawood, a company with a process for toughening up softwood for construction use that listed on Aim in September.

Tilleard, 60, describes himself as "a working-class lad brought up in Dagenham who left school with almost no qualifications".

Later, he qualified as an accountant and worked for Unilever for 20 years, ending up as commercial director of Lever Industrial. Tiring of that, he re-mortgaged his home to set up a chemical contract packaging business before staging a management buy-in at Deb, a family company best known for Swarfega, an extra-strength handcleaner.

Mr Tilleard's business experience meant he was no stranger to managing money - although Robert Gottlieb, joint business head of the wealth management division at Investec Private Bank, which manages his funds, says this is not unusual.

Mr Tilleard explains: "As an accountant, I am used to dealing with large sums of money. A lot of their usual advice was not needed."

He has quarterly meetings with his financial advisers and says his investments have done well despite recent turbulence. He acknowledges the scale of his wealth means he can take a long-term view.

"I don't have a yacht and I don't like fast cars. It is not about money for money's sake. I have always seen money as something that lets me worry less."

The birth of his first grandchild has concentrated his mind on providing for future generations.

Until now he has shied away from detailed planning because "the thought of the children running around with money when they are not able to handle it fills me with dread. I don't believe in inherited wealth, but I expect my wife will make the decision."

[buystock] 27/1/2010 11:47

Meet the
Executive Team

Roy Tilleard (60), Director


Roy has extensive international experience in many industries in both multinational and private businesses. A qualified accountant, Mr Tilleard spent almost 20 years working for Unilever plc, before leaving to start his own industrial chemicals business. This he sold in 1990 and subsequently completed a buy out of the Deb Group, a GPB 17 million per annum revenue business best known for Swarfega, a well-known brand of hand cleaner, which increased annual revenues to GPB 71 million by 2005. Mr Tilleard and his business partner sold around half of the Deb Group to Barclays Private Equity in March 2004 in a GPB 135 million transaction and subsequently sold his remaining holding in December 2006. Mr Tilleard was previously a director of IncaGold. Mr Tilleard has a number of other business interests, including Callow.s Yard, which is a GPB 13 million re-development of Castletown in the Isle of Man, and Kurawood plc, a company which recently commenced trading on AIM, of which he is chairman.Mention the Isle of Man and people just think of wind and rain. They shouldn't – there's a lot more to the island than this. But that they still do is no bad thing.

In general, if a large number of people have already woken up to an opportunity, the best time to get in has passed. That's clearly not the case here. Roughly 572 square kilometres in size, the Isle of Man is ten times the size of Guernsey and five times the size of Jersey. The official headcount is 76,000, but the actual population is probably around 100,000. The island lies far north when viewed on a map, but sea currents create a surprisingly mild climate. Subtropical plants flourish and winters are mild. A stunning 93% of the island's population say that they're very satisfied with their quality of life.

There are, surprisingly, nine airlines serving the Isle of Man. From London, the island is served from City Airport and Gatwick. Ronaldsway Airport on the southern tip saw a multi-million refurbishment a few years back. Close by lies Castletown, a picturesque village of 3,000 people and the island's original capital. So far, so dull. But not for long. A pioneering local businessman, Roy Tilleard, has gradually bought up every single property in what would be the natural town centre, if there were one. He's filed for planning permission for a £7m redevelopment of the entire area in to a new shopping and living quarter next to the historic town centre. Scheduled for completion in summer 2007, this development will transform Castletown.

A priceless special status
The reason Tilleard is doing this comes down to the island's peculiar status as a tax haven. It is governed by its own parliament (Tynwald) and has largely managed its own affairs since 979. As a Crown Dependency, it's neither part of the UK, nor the EU. Foreign relations and defence are taken care of by Westminster, and the Queen serves as a largely symbolic head of state, but it sets its own tax laws (there's no capital gains tax or inheritance tax) and as a result has long attracted wealthy entrepreneurs and retirees. Speaking to the Isle of Man Examiner, one of three local newspapers, Tilleard depicted his investment in Castletown as a bit of a hobby. Yet as an island insider, he must be well aware of what is happening a 20-minute drive further north, in the island's modern-day capital, Douglas. There are changes in the making that will transform¬ the island – and be of great benefit to his project

[buystock] 27/1/2010 11:38

Evans (64), Director

Michael Evans has extensive experience in the insurance industry spanning over 35 years. He commenced his career with the United Friendly Assurance Society and subsequently went on to establish, develop and sell three insurance businesses. The Board believes that Michael's considerable insurance experience will be valuable as the Company develops its cosmetic surgery insurance product.

[buystock] 27/1/2010 11:34

Meet the
Executive Team

Roy Tilleard (60), Director


Roy has extensive international experience in many industries in both multinational and private businesses. A qualified accountant, Mr Tilleard spent almost 20 years working for Unilever plc, before leaving to start his own industrial chemicals business. This he sold in 1990 and subsequently completed a buy out of the Deb Group, a GPB 17 million per annum revenue business best known for Swarfega, a well-known brand of hand cleaner, which increased annual revenues to GPB 71 million by 2005. Mr Tilleard and his business partner sold around half of the Deb Group to Barclays Private Equity in March 2004 in a GPB 135 million transaction and subsequently sold his remaining holding in December 2006. Mr Tilleard was previously a director of IncaGold. Mr Tilleard has a number of other business interests, including Callow.s Yard, which is a GPB 13 million re-development of Castletown in the Isle of Man, and Kurawood plc, a company which recently commenced trading on AIM, of which he is chairman.

Mike Evans (64), Director

Michael Evans has extensive experience in the insurance industry spanning over 35 years. He commenced his career with the United Friendly Assurance Society and subsequently went on to establish, develop and sell three insurance businesses. The Board believes that Michael's considerable insurance experience will be valuable as the Company develops its cosmetic surgery insurance product.

Jonathan Ely (41), Finance Director


Jonathan is a qualified barrister and has extensive experience in financial services gained over the last 9 years working in corporate finance and fund management. He was the Finance Director and COO of an FSA regulated firm until last summer when he moved to the Isle of Man.

Justin Martin (40), Director


Justin has previously served on the board of the Company, and on the board of Flintstone Technologies plc, the then AIM listed specialist investment company that he founded in 1998. During his tenure at Flintstone, the company raised over GPB 40 million in private equity, successfully launching and managing seven technology-based companies, one of which, Hardide plc, was admitted to AIM in 2005. From 1995 to 1997 Mr Martin co-founded and operated the Moscow-based arm of a UK stockbroking, asset management and corporate finance business. Mr Martin began his career as the Finance and Administration Director for a Moscow-based subsidiary of Universal Leaf Tobacco Corporation. He is currently finance director of Kurawood plc, which recently commenced trading on AIM.

[buystock] 27/1/2010 11:32

2v1 and a bit more interest 500k buy

[buystock] 27/1/2010 11:04

incagold/IGD flying 1st uk underwriter set 2 be launched guess who IGD

3V2 Cosmetic surgery is booming in Britain

Cosmetic surgery is becoming more and more popular in the UK, with increasing numbers of women and men opting to improve their looks by going under the surgeon's knife.

Last year alone an estimated 90,000 people underwent a cosmetic operation - a staggering 30 per cent rise on the previous 12 months.

But while most patients are satisfied with their surgery, more and more are finding that not all operations go to plan. They are left counting not only the financial cost of disappointing results, but also the emotional and physical cost of painful injuries, prolonged suffering and trauma when their cosmetic surgery goes wrong.

At TJL Solicitors, we understand that no amount of money could possibly compensate for the suffering caused by poor cosmetic surgery.

However, our experts believe they can help patients recover both their physical well being and self esteem, by securing the funds they need for corrective surgery and helping them get their lives back on track.

We also hope that by bringing these cases to court we can raise awareness among other patients similarly affected to help improve medical standards and treatment.

[andrbea] 27/1/2010 10:28

up 22%
but after -18% yesterday, meaningless.

[andrbea] 26/1/2010 11:50

-18%

no lse trades, maybe on plus

[induna123] 03/12/2009 13:24

LOL. Just read my previous comment. I was a bit angry then.

Anyway. Looks like a deal is well off. Could be even a year before we hear anything. I'm out.

Effect on the Company
From the date that the sale is completed, the Company will have divested itself
of substantially all of its trading business and will therefore be treated as an
investing company under the AIM Rules.


Following the divestiture, the Directors believe that the Company could be
attractive to a number of potential targets/investments. The Directors intend to
seek to acquire another company or business in exchange for the issue of
Ordinary Shares in a single transaction (a "reverse takeover"). The Directors'
main investment criteria are: -


* businesses in the UK, Europe and North America;
* businesses which require little or no funding in excess of the cash resources
available to the Company following the Disposal; and
* businesses whose growth prospects, if achieved, will be earnings enhancing
for Shareholders.



The Company's investing policy going forward must also be approved by
Shareholders at the EGM.


In the event that the Company is unable to implement its investing policy,
within twelve months of the date of the EGM and has not made an acquisition or
acquisitions in that time which would constitute a reverse takeover under the
AIM Rules then the Company's admission to trading on AIM will be cancelled.


General Meeting
An Extraordinary General Meeting will be held at 11 a.m. on Wednesday
23 December 2009 at the Company's offices at Lorne House, Castletown, Isle of
Man at which the Resolutions will be proposed.

[still waiting] 11/11/2009 11:59

launch can't be far off now...

[andrbea] 11/11/2009 11:53

green again

[induna123] 10/11/2009 14:31

Shammy, was it a load of BS? The only reason for the buys late afternoon was because of your comments. And it wasn't exactly loads either, about 2 grands worth altogether.



Still think news is overdue here though. We've seen how fast the mm's mark up the price when there's buying interest. I imagine if news did come we'd be in the 0.70/0.80 range in a matter of minutes.

[21simthy] 10/11/2009 08:41

At least my info is correct on online limits and L2.

I've not forgot your blatant lies on Nasa limits a while back.

What is it with you lot, why do you all post lies, why are you
so keen to mislead your fellow poster, i dont understand it ! ?

[still waiting] 10/11/2009 08:38

and your's are a fountain of knowledge smithy!!!