Sportsworld Media Share Discussion Threads

[matters] 26/10/2003 20:51

Hi Kelvin,

It looks like it is just you and me that are intrested in getting something back!

[km11] 22/10/2003 08:43

Hi matters, below is the email that i received.
Cheers, Kelvin


Kelvin,

Apologies for not coming back sooner - I have been out of the office on business.

Are you able to give me any indication on the amounts of shares held?

If the shareholder that holds all the information wants to contact us and discuss the situation that would not be a problem.

With kind Regards
David
Magenta One Limited

[matters] 21/10/2003 20:59

Hi Kelvin,

Could you post the message you got from Magenta One ?

I hold 100k

Thanks.

[km11] 20/10/2003 12:24

Have just received a message from Magenta One who would like to know the holdings of shareholders that would like them to pursue an action. Mine was 120,000. Please reply to this message by detailing your holding if you are happy for me to pass information on to them.
Cheers, Kelvin

[smudge104] 08/10/2003 17:17

you got my backing, holding 50k

[gedy] 08/10/2003 12:07

I have just "stumbled" across this thread. I still have a share holding held in an ISA I have with ETrade, it still shows on my account. I had given up any hope of getting anything in return for the 35,000 shares I hold, perhaps I should not worry about such an amount as I know many others have lost a lot more.

[km11] 08/10/2003 11:01

Dispite what people say, there are alternatives.
Magenta-One specialise in such alternatives.
I believe it's worth pursuing a little longer before making judgement.
If anyone that can help, please provide contact me at the above e-mail address.
Cheers, Kelvin

[bartbuild] 30/9/2003 00:09

Fao Kelvin

I have seen your mail and subsequent post on thread, however I am unable to help you in your attempts, I did and possibly still have a list of shareholders for the company however I am not able to divulge details with you as I could possibly be breach of several laws.

I wish you well on your quest but believe it to be fruitless as most of the company has now changed hands and nothing of any worth is left

Goodluck and contact me if you require any other assistance

[km11] 29/9/2003 14:28

Bartbuild
Thanks for responding.
I understand your comment regards divulging shareholder information.
Perhaps you can e-mail me direct and I'll respond and explain in greater detail.
[e-mail]
Thanks, Kelvin

[matters] 28/9/2003 00:51

Well done up the good work.

I am sure that others will join in if they can see some progress.

[km11] 26/9/2003 10:18

I will ses if Magenta one can obtain this info from the registrars, as they may think it a little suspicious coming from another shareholder.
Cheers, Kelvin

[matters] 25/9/2003 18:21

Kelvin,
do you think it would be possible to get names and addresses from the registrars ?

The only other thing to do is keep this thread refreshed each day.

[km11] 24/9/2003 11:20

Thanks for the last post, Matters.
I have sent an e-mail to [e-mail] providing as much info as I possibly can. Hopefully Kevin will pick it up and respond accordingly.
It would appear that most ex-SWD holders no longer visit this thread.
I will need to think up another way of attracting their attention.

Your help is welcome.

Cheers, Kelvin

[km11] 22/9/2003 08:43

No, nothing yet. I have still not heard from Jack Daniels or Bartbuild.
I suspect they don't know of this new potential initiative.
Soon as I hear more, I'll post on this thread.
Cheers, Kelvin

[matters] 20/9/2003 09:28

Any news ?

[km11] 18/9/2003 08:49

Thanks to those that have responded.
The [e-mail] is no longer. I assume Jack Danials has closed the link.
What I have been told by Magenta One is that they will need a reasonable shareholder instruction to pursue an action. I know previously Jack Danials and, I think, Bartbuild were trying to pull together a shareholder list. If anyone is able to contact either of them, please ask them to respond to this message.
Cheers, Kelvin

[homewell] 17/9/2003 21:27

yeh, but what's new?

[matters] 16/9/2003 22:21

Come on lets go for it !

Maybe it it time for a new Thread ?

[homewell] 16/9/2003 22:10

so what has changed km11?

km11 - 01 May'02 - 08:24 - 77 of 79


Chris Jones from the Just Action Group (JAG) was also told that it would not be worthwhile pursuing any form of action. I am copying his reply to an e-mail I sent recently.

I have received numerous e-mails on Sportsworld.

The last 4 months have been immensly difficult and the rescue has been a full time job - 6.5 days a week - if you have the time, you will also need to have detirmation and resolve and the will to fight to the end, even when the odds are stacked incredibly against you - without wishing to sound in the least arrogant or condecending in any way - if you think this sounds like you, then e-mail me your phone number and I will be pleased talk to you, to see if I can help you and the other shareholders.

Does anybody have the necessary time and determination.

If not, what about contributing into a fund to employ the firm of accountants and solicitors used by JAG

Any thoughts........

[homewell] 16/9/2003 22:06

other thread

[homewell] 16/9/2003 21:54

Copy of e-mail from last year. Main man with all contact details is from: [e-mail]

> date: Tue, 07 May 2002 09:19:37

Right having done some more research and spoken with members of just group ,
> here is the latest we would need £ 60 from each holder to start with this
> would enable us to make a website and to purchase a shareholders register
> this would enable us to mail all holders if you read below it will fill in
> more details as this is the direct mail braking everything down to individual
> components etc. I would appreciate a response of either yes or no in principle
>
>
> Hi Kevin,
>
> The associated costs would depend on what services/assistance you would
> require.
>
> The services could include:
>
> 1. Webpage set up for the shareholder action group (along the lines of the
> www.justgroup.biz site. This should assist you in raising finances to fund
> your shareholder action and enable speedy coordinated email communication
> with your members, and be an excellent medium for promoting your action
> group. This helps put pressure on third parties.
>
> 2. Advising regarding the third party assistance you would be advised to
> take. e.g legal advice. My team have some knowledge of this after our
> experiences with Just Group plc and can put you in touch with related third
> parties where further detailed assistance is required.
>
> 3. Attending meetings with you where having a seasoned shareaction group
> representative could assist.
>
> 4. Reviewing with you the position the shareholders are in presently and the
> objectives you are trying to achieve and what your priorities should be.
>
> 5. Assisting you is deciding what value may be recoverable or saveable for
> shareholders.
>
> 6. Supplying you with an office address, secretarial assistance and phone
> number to use on your written correspondence with shareholders.
>
> 7. Printing facilities.
>
> 8. General advice regarding the shareholder action group function and set up.
>
> 9. Supplying general backup and advice.
>
> 10. In addition we would help with publicity, include press and broker press
> releases etc.
>
> I can tell you from my experience of being involved with the team of
> shareholders on the Just Group plc rescue that it has taken around five
> shareholders four plus months of intensive work involving many many hours to
> achieve what has been achieved so far with the Just Group plc shareholder
> action group.
>
> You will need to raise around £50,000 plus to fund legal and action costs
> (including our costs) and depending on how far you get the costs could get to
> £100,000.
>
> The costs per shareholder would therefore depend on how many shareholders are
> prepared to contribute to the costs. You mentioned that you had 200
> shareholders interested already. To raise £100,000 that would equate to £500
> per member. However if you could get 1,000 plus members and initially you
> raised say £25,000 that would get you a solicitor (we can advise there), a
> shareholder action group webpage, and some assistance from the corporate
> recovery company myself and other members of my team are setting up. That
> would mean on average £25 - £50 per action group member.
>
> We have registered our company name and web domains but at this stage I
> cannot give you the name as the set up process is in the middle of being
> dealt with. I should be able to let you know the name of the company within a
> week when this can be disclosed.
>
> My team includes myself (I am a Chartered Tax Adviser), A Chartered
> Accountant, an IT specialist and other consultants as required. The key
> members of my team have been actively and closely involved with the Just
> Action Group activities for the last four months.
>
> To get you set up with a Shareholder Action Group webpage and meet with you
> an another member of your team to discuss what we can do to help is likely to
> cost £2,500 to £3,000 initially. Our costs would then depend on how far we
> assist you on an ongoing basis but I would estimate these at about £500 to
> £1,000 per week depending on what is required. We are not currently VAT
> registered as we are a new company, so no VAT is chargeable. We would however
> have to charge VAT on our fees if we were to VAT register.
>
> By all means call me to discuss if you feel we may be able to help.
>
> Best regards,