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INVU Invu

0.35
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Invu Investors - INVU

Invu Investors - INVU

Share Name Share Symbol Market Stock Type
Invu INVU London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.35 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.35 0.35
more quote information »

Top Investor Posts

Top Posts
Posted at 30/12/2021 15:27 by smithie6
history

looks like various cash raises at 2p/share in ~2009.
one raise being 44% of the shares after the issue

----

& in ~2013 outstanding loans of ~£3 million were converted to A shares at 1p. Since the co. was struggling & those lenders effectively legally owned a lot of the co. via their loans up to that point, they were able to convert at 1p/share rather than 2p/share....& to have priority in any distribution to shareholders.

Do A shares have to be paid off with a minimum of 1p/share, the price they paid originally to convert loans ?
I don't know but there is a high chance. But I am fairly sure that the pay out will be >1p/share so there is no problem there imo.

The holders of the A shares put in £3 million @ 1p/share (conversion of loans). I am sure that they would like to see a % return on that investment, which carried a solid amount of risk. And they would like/hope to see a return to compensate for inflation from 2013 to 2021, which is a real %.

The investors that helped save the co. by putting in a lot of cash at 2p/share would also hope to see a return closer to 2p/share rather than 1p/share, I assume, but they would probably take anything !!
Posted at 30/12/2021 12:26 by smithie6
any investors that stayed invested since the glory days of the company have lost most of their money. And will only get back a tiny part.
In depreciation/amortisation more than £35 million is showing, which was paid for by Joe Public I assume.

If I remember correctly INVU had an accounting scandal. Sadly, far too common for companies listed on a stock market in the UK. (others being Cupid, Globo, Tesco, Speedy & many more !)
Posted at 25/4/2014 21:38 by looby loo
Smithie6, Where did you hear FD, Ian Smith had "just left"?
According to these links, he's still with Invu.
Posted at 15/11/2013 14:03 by riggedmarkets
one thing that no one has replied to so far is whether the ord. shares would get the same divi as the A shares.

the co. papers and the company act says that distribution per share must be relative to the nominal value of a share

the nominal value of an A shares i 10 x that for an ord. share

cleverly organised by the invu chairman, may be many things but hes not stupid !

hence will 1 A share receive 10x the divi that an ord. share would receive ?

If so, then shareholders can moan or groan all they want
but the law is the law. If people are not clever enough to read the papers that they vote that they agree to, then its very difficult to get any legal redress since shareholders vote yes to it.
---

i note that the chairman intentionally gave the shareholders no choice
either you vote yes to the new A shares or the co. goes into administration

the chairman was trying to help ord. shareholders who had put in 40M or was trying to shaft them. I reckon it was the 2nd, Graham1TY reckons it was the first.
---

I expect the people who put 40M into invu shares will not be very happy if invu de-lists...and that the chairman seems to be making off with the co.

----
at OCH, another Isreali bod and dirs.....a similar blackmailing vote was put forward
shareholders said 'xxck you thieving directors. we choose administration. up xxurs !!'
shareholder action group formed and has legal representation in the admin. process

Emblaze is another....strange going ons....UK investors put up hundreds of millions of pounds !!.....most of it is now ...gone !!

many uk PIs do not trust Isreali companies...especially regards accounting etc
and the basic of why any Israeli co. should list in uk and not in Israel
Posted at 15/11/2013 13:39 by riggedmarkets
Graham
have you actually read the papers for the isue of the A sahres ?

if wound up then A shares get basically everything
....up to the cash they invested and 90-95 % of any excess

ord. shareholders do not realise that...

but the papers were worded to trick them

its related to capital....and the capital is all in the a shares
and virtually none in the ord. shares

If UK invsetors cant read....perhaps can not blame some smart Israeli for taking advantage of them... the chairman..probably with advice from shore capital, experienced in writing trick papers for share issues...eg. och

OCH was a scam imo
intentionally written to trick people....and took in many large rich investors...
Posted at 13/11/2013 17:21 by riggedmarkets
anyone reading my posts
Im not discussing the share price or what I think it should or shouldnt be
Im raising some concerns about what happened in the past, which was possibly fraudulent and intentional....
and whether all links to that have been cut....or not

and the role the chairman played in that...and whether he should have left then
and whether the chairmans role in what has happened since breaks any regulations or should be investigated

eg. appears he might end up owning or controlling all of the A shares and one could argue the company....and whether that take over was done in a legal and correct manner

I note that issuing A shares appears to have got round any need to involve the take over panel....inferring that it was perhaps an intentional takeover process...intentionally done in a way to sidestep the controls/rules.

And hence, has the chairman been involved in the processes over the last 10 years of INVU ...that UK investors have coughed up perhaps 40M pnds..
did he co-operate with the use of false accounts ?
did he benefit from the use of false accounts, did he sell into the resulting high share price ?
..and he perhaps ends up owning the company with current cap. value of around 2M.....especially if the 2M is a small part of any larger gain he made in previous years if he sold a lot of shares at a high price and that perhaps still has X million left from past sales of INVU shares. I dont know, just asking the question. And perhaps all without any shareholder being aware of anything !.
Posted at 13/11/2013 17:09 by riggedmarkets
Shares in group undertakings. p37 of accounts.
31M

Does that infer that UK investors coughed up 31M pnds during share issues to them by INVU ? (large part of that using accounts numbers that were false and inflated. Intentionally ? Intentional fleecing of UK investors ? It could be argued that SHore Capital fleeced UK investors in the IPO of OCH, again using accounts that were rigged/false...SHore Capital were one of the big sellers in the IPO of OCH

OCH now has a shareholder action group....involved in the administration process of OCH...in Canary Islands, yes ! shareholders are represented !
directors at OCH tried to put the co. in their pocket in return for their unpaid salaries
false accounts imo. claimed NAV of tens of millions, listed cap. value was 3M, no one believed the accounts !...into adminstration, so appears that the accounts were in fact false, the NAV of tens of millions was not real

same as at INVU, the sales of 10M did not exist, 2008/9 and was then declared as false)

Shore Capital closely involved with both companies !!!!!!!!!!!!!!!!!!!
Posted at 13/11/2013 16:27 by riggedmarkets
Are shareholders aware that the "A shareholders" are probably all located in Israel
and the shares linked to the Chairman
others ?

whereas previous to the issue of the A shares I assume it was controlled by UK located investors.

that UK investors perhaps put up many millions of pounds in previous cash raisings
...but that in the end the co. looks to be ending up in the hands of people living in Israel...for a low price..without them ever having any inkling....after it having cost UK people many many millions to create it
Posted at 13/11/2013 16:21 by riggedmarkets
The INVU company broker/adviser is WH Ireland Ltd.

They have had a very chequered last 12 months....due to breaking rules and regulations.

"Last year, WH Ireland was contacted by the Financial Services Authority in relation to a high-profile insider trading investigation.

It was one of several institutions to be asked for information on trading by the FSA, according to people familiar with the regulator's "Operation Tabernula" investigation."



"Tyler left the company in mid-December a day after Compton, amid reports the duo were being investigated over their personal share dealings."

hxxp://citywire.co.uk/wealth-manager/wh-ireland-hit-by-four-more-departures-after-shock-compton-exit/a651506

"Compton left the business with immediate effect in December, and reports suggested there was a row over his personal share dealing.
The head of the Cardiff office was also suspended "

hxxp://citywire.co.uk/wealth-manager/wh-ireland-names-killingbeck-as-ceo-after-shock-compton-exit/a650819

..one guess is ...being caught for insider dealing

WH Ireland bt. part of Seymour Pierce. I recall that share price were fined for improper conduct in the past.
UK Brokers licensed to do IPOs, a shady bunch imo, a lot of fines or slapped wrists or dubious goings on.

....the attraction of large amounts of easy money...the attraction can often be enough to get people to break the rules.

----
INVU chairman is closely involved with Shore Capital (Shore Cap. lent the co. 500k once)...he sits on the board of one of their funds etc
...for honesty and honourable conduct, my score for Shore Capital is 0/10 based on their role in various IPOs etc

...btw one IPO they did raised about 12M...and they put 9M of it into a Shore Capital fund !!
I doubt the IPO told investors that that was the plan
...so Shore Cap. would get a cut from the IPO and then a on-going cut from running their fund
...tech. funds floated in the last 10-15 years....so many have been a complete scam
...the burnt investors and defunct companies created are proof...while the brokers and the co. directors made loads of money.
----

Shore Capital and the Chairman and all of the "A share" holders

all look like Isreali linked or based or controlled entities
...many UK people wont touch Israeli linked companies 'cause of past experiences of problems with accounts etc....while many will....high tech. skills for small country
Posted at 05/11/2013 16:33 by freddyslims
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