Paragon Diamond Share Discussion Threads

[superg1] 24/3/2017 09:22

But that is the company in the mix for Lemphane.

Has the bid failed then.

[superg1] 23/3/2017 19:54

Just for clarity

Expand the page 'Network Visualizer' and hover over the relevant company. You will see the Dubai connections.

[superg1] 23/3/2017 18:19

So days after ITGT become inactive (28th Sept) up pops Acrux on 3rd October.

PM obviously knew ITGT weren't backing him as he switched to other financing, that's why it switched.

But even then in the knowledge of the ITGT circs ,they don't tell the market it's not happening.

What he says is

" In addition Paragon will seek ITGT to finance the distribution and manufacturing of the production to ensure maximum value is generated for shareholders"

"The Company has replaced ITGT as principal investors, yet ITGT discussions are still ongoing which may see ITGT involved either in the purchase of our production or in second stage financing as we move to full production in 2017."

ITGT were gone by then.

[superg1] 23/3/2017 18:12

Oh BTW

Check the ITGT events page 25th Sept 2015

ADMIN DISSOLUTION FOR ANNUAL REPORT

which means

That the corporation failed to pay the annual corporate fee to the State of Florida to remain active.

Do you see how an investigation would completely unravel the deception.

I'm now off to check timings on when Phil decided they should use ITGT on the polished stone side. They went to Lesotho with the ITGT backing and switched it to Acrux.

ITGT 'group' lol. Acrux 'leading diamond investor' lol.

Trade4business well they simply don't exist but we have to trust that the Lesotho gov aren't lying.

[club sandwich] 23/3/2017 18:06

Let me guess how the conversation between Manduca and the 'investors' went:You'll never guess what! I've found the most gullible bunch of suckers ever born - whatever lies I tell them they just suck it up and *still* give me more money. I know, I know, incredible isn't it! Tell you what; I need a new roof for my place at Virginia Waters - you pay for it, and I'll give you their contact details. I'm sure if you offered them a sure-fire, high-return scheme to recoup what they've lost on Paragon they'd jump at it - I tell you, these people are thick as bricks. No that's fine, you're welcome - always to help out a fellow conman! So you'll send the scaffolder round next Thursday? Excellent, excellent...

[superg1] 23/3/2017 18:05

Why don't you throw this guy into the mic too and see what he has to say form his side of International triangle trading limited.

Only one guy seems to own the 'group' as it was described. Moyses Levy.

PRG news

"ITGT is a privately owned international investment group, with a focus on construction, automobiles, real estate and banking."



It doesn't look like ITGT is anything other than a paper name.

Apparently set up 30th December 2014 then in just 28 days whirlwind Paragon have sorted an MOU for backing. lol

[club sandwich] 23/3/2017 17:46

'I had a highly positive conversation with the investors this morning'Why does that sound so familiar to his 'money attracts money' comment?He was wrong: MONEY ATTRACTS FRAUDSTERS!Just had an email from another s'holder, in Germany, offering to write a statement to include with the SFO letter. Won't be sending them a copy of the letter until I'm more sure of their identity...

[lnholder] 23/3/2017 16:27

'Linkedin for PM

Executive Chairman
Company NameParagon Diamonds Ltd
Dates Employed Aug 2014 – Jan 2016 Employment Duration'

Yet PM was soliciting investment to 'save' PRG (not Titanium or any other company) in Q3 2016 in the guise of 'director', wilfully giving hope and belief to unsuspecting PRG shareholders that PRG would rise again and was very upbeat about his chances of winning over the mining minister of Lesotho. At that same time he appears to have already decided to allow the company PRG to be struck off by default and all directors played along with this apparent charade. The money was raised and ALL directors scarpered. PM now proposes that leaving PRG to rot in favour of a 'new clean company', as he put it last week, makes good sense. PRG goes down with a bad record of mismanagement and failure of basic obligations and the 'new clean company' will be sparkling for a short while .... and repeat ...

Why would PRG investors and LN holders continue to trust PM? Perhaps because he posts upbeat statements such as 'I had a highly positive conversation with the investors this morning' and the like. There are many such statements in recent weeks.

PRG had investors money, blew it, left a mess and unpaid bills, asked PIs to pay those bills (directors bills) to save the company, still did not save the company, continue with the deceit even today, all other directors are silent. Four utterly useless directors.

Seems like a reasonable guess at what happened does it not? Just a guess.

I welcome the previous directors of PRG to give their side of the story.

[ileeman] 23/3/2017 13:08

@Superg

At the time what was the price of PRG 3p? 3.5p?

PRG had no funding only a death spiral. To be fair Manduca/Titanium took on a BIG risk.

[club sandwich] 23/3/2017 12:48

"Why did Simon Retter step down from his directorship at Obtala?"

because he'd done his job of waving through the sale of the loan to Titanium at a 50% discount?

Just a guess...

[beeks of arabia] 23/3/2017 12:33

What stand will he be taking?You do talk like a berk.

[lnholder] 23/3/2017 12:07

Why did Simon Retter step down from his directorship at Obtala?

Those final PRG accounts would be very telling wouldn't they, if only they were available.

[club sandwich] 23/3/2017 12:03

when this comes to court I'll suggest the SFO put you on the stand as an expert witness ;-)

[superg1] 23/3/2017 12:01

Re that last post.

I suggest loan note holder demand that his share of the new company should not include the bargain price he got that loan note for. Base it on average price you all paid which will up your share and knock his back.

That's fair isn't it Phil? Give it some thought, you know for your shareholders. After all they put a hell of a lot more money into than Titanium did.


He is the one that screwed the company up on his greed. His pure focus was that loan note and how it would turn £1 million into £10 million at the stroke of a mining ministers pen, hence the lies to get that signed.

The money was wasted by HIM chasing that dream. He saw £ signs and an easy kill and tried to con you lot to secure his plan and continues to do so.

I bought in as friends were telling me it's a no-brainer. Two days later I sold out at a loss calling them in time saying have you read up on it, I suggest you get out too and gave good reason.

Unfortunately PM and co were convincing folk that raised the questions to ignore people like me, CS like me and the city.

I recall swooped putting in serious challenges (was that Vince BTW). Swooped said contact the company. I did and they lied again but by email that time.


Hence my venom towards PM the smarmy pompous twit. It was all driven by greed. That's why the company failed.

[superg1] 23/3/2017 11:29

He won;t have the slightest clue about the law then.

It's up their in bright lights by the looks of it.

All that protecting against dilution which wasted the cash that would have kept the company afloat was all about that loan note it seems.

His eyes were on grabbing that bargain loan note half price and for him and family to make substantial gains.

Look at what he was saying in news

These discussions were held over the last few weeks during a sustained rise in the
share price to the current level which I believe still significantly
undervalues the Company. Indeed, when funding for Stage 1 production is
finalised on terms that could demonstrate minimal share dilution, I expect the
share price to more accurately reflect the extraordinary opportunity that
Paragon possesses with Lemphane.

[club sandwich] 23/3/2017 10:40

Claimed to be smart enough to run a mining company, but doesn't even have a basic understanding of how the internet works - or how 'reply all' in email works either, apparently...

[club sandwich] 23/3/2017 10:13

super - wasn't planning to post anything else - just thought that post was a classic!

It doesn't much matter - Manduca said what he said and he can't now take it back. I have copies, others do too, and it will live on FB's servers for a very long time...

[superg1] 23/3/2017 09:32

2nd thoughts here CS as it seems to me there is a high chance of wrong-doing and to post further bits and pieces pointing out what they are wouldn't help the case and forewarn PM on what possible challenges he may face.

[club sandwich] 23/3/2017 09:25

and surely you mean a *419* scam? 401 is some kind of 'page not found' browser error...

[ilovefrogs] 23/3/2017 09:07

What better way to hide your identity than acting as someone's arch-enemy, allegedly fighting of the agents of the evil one as they come a callin', and bravely writing to all and sundry (though not attending meetings, as that would give the game away). On this basis, I have concluded that you, Club Sandwich, are actually PM!!! Ian Westbrook is simply a ghastly, unpleasant, and ultimately successful ruse to distract us from the truth!

Now that's established, can I have my £10k back please....