Sportsworld Media Share Discussion Threads

[matters] 27/12/2003 16:26

just_do_it

could you not post it on here ?

[matters] 27/12/2003 16:11

Gedy
this is about s far as it got. Then Km11 disappeared !
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km11 - 12 Nov'03 - 15:06 - 247 of 260


In posting 240 ubove, Bartbuild refers to a French company that were given shares. Does anybody know the name of that company?

As an update, I met with Magenta One today. They approached the registrar for shareholder details but were refused by SWD. They therefore need the help of willing shareholders to provide such details.
Bartbuild - if you read this posting, a suggestion is for you to e-mail the holders that you have on your list and ask whether they object for their details to be passed on to Magenta One.
Magenta One are keen to pursue an action and to use this as a test case. They will provide me with an example of their passed success to give sceptical shareholders a feel for what can be achieved.
I accept that most people have moved on and wrtten this one off to experience but it is felt that there is an opportunity here to get something back for us all. This is a no cost action, the company will take a small admin amount from the proceeds they are able to get back.
Cheers, Kelvin

[gedy] 27/12/2003 15:41

I assume I have the right people:

Magenta One, 75 Cannon Street, London EC4N 5BN / Tel: [phone]



How far have things proceeded? Somebody said they had met them in person, is there a candidate to be a lead plaintiff in a class action for instance?

[matters] 22/12/2003 11:29

It will be coming up to two years soon that we got ripped off. But maybe and that is a big maybe if there are enough of us, and get together and join forces with Magenta One we could get a bit back. So please can we try and keep this thread at the top!

[huntie2] 22/12/2003 11:20

Can't even remember how many I've got, off hand. Is it that long ago?

[markymanc] 10/12/2003 22:57

Count me in too, no objection to Magenta One having my details - I have a very small holding - 10,000

[gorwel] 02/12/2003 15:30

Any news. I had 35k. Where's all the big talk from the FSA about weeding out the corrupt and bad practices?

kelvin , I am happy for Magenta One to contact me direct, if it helps.

[hedge66] 24/11/2003 18:28

Well this brings back memories.
14209 shares

[matters] 23/11/2003 14:48

Hi Kelvin,

Any more news ?

[sunfish] 20/11/2003 19:20

Hi there

Thought everything long gone. I have 11500 shs .If there is life there is hope !! or am I just dreaming.

[philwalker36] 17/11/2003 16:23

I have 55200 that you or magenta can use, not a lot of good to me at the moment ! I've long since written them off. If you think we can get something, anything, then great.

[skiboy10] 12/11/2003 21:04

Hi

I had about 25K of shares if I remember right.

[gedy] 12/11/2003 20:59

I have just come across this thread again. I have 35,000 shares, if there is any chance for shareholders to get something back I am very interested to know.

[km11] 12/11/2003 15:06

In posting 240 ubove, Bartbuild refers to a French company that were given shares. Does anybody know the name of that company?

As an update, I met with Magenta One today. They approached the registrar for shareholder details but were refused by SWD. They therefore need the help of willing shareholders to provide such details.
Bartbuild - if you read this posting, a suggestion is for you to e-mail the holders that you have on your list and ask whether they object for their details to be passed on to Magenta One.
Magenta One are keen to pursue an action and to use this as a test case. They will provide me with an example of their passed success to give sceptical shareholders a feel for what can be achieved.
I accept that most people have moved on and wrtten this one off to experience but it is felt that there is an opportunity here to get something back for us all. This is a no cost action, the company will take a small admin amount from the proceeds they are able to get back.
Cheers, Kelvin

[gulliverr] 11/11/2003 09:07

Good luck. I had very few of these but am still annoyed at the loss. Why doesn't the liquidator furnish details of who got what?

[km11] 11/11/2003 09:01

Hi All,
I am meeting with Magenta One tomorrow, 12 Nov. to discuss the options available. For those of you who want to support my initiative, please provide me with your holdings details including the name in which the shares were held.
This is a no cost action - wish me luck!!!!!!!!!!!
Kelvin

[matters] 06/11/2003 18:44

Kelvin, any news, or have you given up?

Dogpoo, have read some of primrose posts! Is he for real ?

[km11] 27/10/2003 13:15

Bartbuild, thanks for your comments. I agree the share is history and all assets worth selling have been sold off.
Magenta One specialise in an alternative approach, you will be surprised as to what avenues are open to such companies. It is because of the underhand practices, as you previously mentioned, adopted by the SWD management that I would at least like to see what - if anything - can be rescued for shareholders. The costs from Magenta One are NIL, I suspect they will take a portion of any monies recovered
Best regards, Kelvin

[bartbuild] 27/10/2003 10:54

km11 I admire your position but having been there and done that this share is now history , the main components have been disposed

Therefore any action u r trying to take are either going to be in effectual or at best very costly

I agree with ur views in relation to being misled , but if you want to feel bad for someone try the owner of the thr french company who was given shares in the swd but was not allowed to dispose until after they went bust he lost 100000s and a third of his company

In respect of inertia amongst shareholders I think you will find most have wriiten their investment off and moved on

Good luck in your quest

[km11] 27/10/2003 10:45

It certainly looks that way.
What I find disappointing is the inertia from some shareholders, they appear quick to criticise companies that appear to do little, but when it comes to them having to do something a more than buying/selling shares, apathy reigns.

I am still going to continue because I feel I was deliberately misled by the old SWD management.

Fingers crossed