IntelliAM AI Share Discussion Threads

[5huu] 17/7/2008 20:54

One of my colleauges from legal (and a fellow IMD holder) contacted Shore today to discuss their take on the recent broker note. First call was with Robin Speakman, who strangely had no idea that IMD had put two of its subsidiaries into admistration. He admitted being aware of the share suspension though. When he was challenged on the content on his report, he was apparently quick to point out that it was simply a marketing resarch for a client based on IMD interims and that no contact had been made to discuss antything. Speakman aluded to Shore only being involved since Feb, He had no knowledge of Shore being the MM shifting shares after note issue & that he had no personal contact with IMD in preparing his research note. Apparently the only real relationship with IMD was between IMD & Guy Peters who is the member of the corporate team (Speakman is not). Peters was unavailable for comment. Speakman also mentioned that the negative current asset situ in the interims was not unusual for a small growing company.

Initial legal stance is that someone is liable - Either Shore for a poorly researched note and/or failing to represent financial data correctly, or IMD who have lied during the interims and lied to their brokers. My colleauge is weighing up the legal case against Shore based on Shore not fulfiling their responsibilities under FSA guidlelines.

The LSE have now been informed of all the facts and a summary of the situation with these dodgy IMD Directors that have history (TVR & ISIS).

Apparently Mike Acheson was also unavailable for comment today too.

I'll post progress, I'd appreciate if others would to. This gets smellier, the deeper we dig.

[ljsquash] 16/7/2008 22:45

I already have an investigation going on Bishopsgate who sold me these so have added it into the investigation.

[ged5] 15/7/2008 14:10

Thanks Pomp!

I think I'll be writing to the SFO as well then.

For the sake of decency I've deleted the last line of my previous 2 posts.

[ged5] 15/7/2008 00:02

jotoha1, thanks for your update. I presume the action is regarding Farsight.

This scam seems to involve Sandford, Thomas and Acheson. All three have have been involved with three companies which have gone bust on the AIM market. AIM in my mind have neglected their responsibilities towards shareholders and should be held accountable. Please keep us updated on your actions and I will do likewise.

Can anyone help in regards to the 4.7m shares that were sold between results and suspension. If anyone can relate any of the sales to anyone at INT or Shore Capital the information would be very much appreciated.

[5huu] 14/7/2008 22:37

Jotoha1, Likewise,I would very much like to join forces with you. Will happily provide my e-mail address. Best regards Shuu

[jotoha1] 14/7/2008 20:25

Pomp, will keep you informed as events unfold ,so far we are not including his time at INT , as we are unsure as to what his duties were with this company prior to leaving, will email you in the next couple of weeks.

[pomp circumstance] 14/7/2008 20:21

if you are serious please post more info or email me thanks

[jotoha1] 14/7/2008 19:24

I have instructed top litigation lawyers with the help of 12 other investors to go after Thomas for misleading shareholders of a listed company, we expect to have our first hearing in the high court within 6 months, we are intending to go after all personal assets including all hidden assets !

[cyberpost] 14/7/2008 19:11

pomp, at least they got something back.

[pomp circumstance] 14/7/2008 19:10

Interesting to this this name also on there!

Another bunch of dodgy people who screwed people over on GME!!


Noble & Company Limited
Matthew Hall Tel: [phone]

[5huu] 12/7/2008 22:40

Unbelievable. I'm a holder of several shares. I'm not sure who else is that posts. We cannot let this lie. Against the recent interims & the broker comment, this sucks. This flies in the face of Aim rules & FSA guidelines. I will be writing to both first thing on Monday. I suggest others follow. Shuu

[pomp circumstance] 12/7/2008 08:37

And where are they now? they dodgy geezers!!

Yesterday a bloke from the pub tried to ring the company , thru one way or other he got thru to acheson, who when realising who it was pretended he couldnt hear very well and put the phone down, numerous calls have been unreturned.

Numerous attempt to get thru again were met with 'hes not in the office today'

Rememebr the people who answer the phone dont work for IMD, they are a serviced office. Apparently the staff who answer the phone had been instructed to only put calls (unless from known people like the spivvy broker (eh Mike we know your reading and you know what happened dont you!!)) thru to one of the IMD extensions and that one went straight to voicemail.

Acheson is obviously no real man, he wont front up to shareholders, him and Sandford ran TVR intot he ground before it disappeared without trace and the same will happen to IMD once the administrators flog off the 2 comapnies.

Lets hope the FSA keep an eye on the 2 companies and see who buys them back from the administrators, no prizes for guessing who it will be.

And what of Mathew Root. ex-director who left to set up a company to distribute the needle product. No doubt he will be looking to pick up the needle part of the business for a song.


Put these names on a list and never go near them again

Lindsay Sanford, Chairman
Bill McGrath, CEO
Mike Acheson, Finance Director

Guy Peters Shore Capital

Simon Robinson PR


Dont forget them. Guy Peters who when asked stated that SCAP had great chinese walls and the fact the house broker was on the offer flogging shares right up suspension time was pure coincidence and that of course chinese walls exist and that corp finance would never tell the market making operation that a client is about to go bust!! Of course not GUY!! People never talk about ways to make easy money in the city!

Simon Robinson who had the account at Parkgreen PR , then left and took the account with him. Apparently he didnt even know the companys shares had been suspended a week after they were.

[pomp circumstance] 12/7/2008 08:36

RNS Number:7148J
Transvision Resources PLC
29 September 2006

29 September 2006

Transvision Resources plc

Cancellation of Shares



Transvision Resources plc ("Transvision" or "the Company") announces that the
Company's ordinary shares will be cancelled from trading on AIM with effect from
7 am on 3 October 2006. The Company is currently carrying out due diligence on a
potential acquisition that, if concluded satisfactorily, may lead to the Company
making a substantial acquisition that would constitute a reverse takeover under
the AIM Rules. It is the Board's intention that the enlarged Company following
such an acquisition should apply for its ordinary shares to be readmitted to
trading on AIM. The Company will write to shareholders as soon as the terms of
any acquisition are agreed.



For further information please contact:


Transvision Resources plc

Mike Acheson [phone]
Lindsay Sanford [phone]

[cyberpost] 11/7/2008 18:14

I do hope the FSA is on the case. To be suspended so soon after issuing the interims, and even agreeing to have a positive broker note issued.... needs to be investigated. I cant believe the company didnt know about their financial problems at the time of the interims... and the broker didnt know either. Not believable.

[pomp circumstance] 11/7/2008 18:08

Apparently the directors, ex directors (poss the ones who had taken money out the co when they left as handshakes. Rem the 1.3mil ex costs noone would break down between aborted rto and payoffs) and shore cap were going to raise the money. Forget economic reasons. Acheson has told shareholders. The pr guy has told them. The broker with his note has told. Things are going ok. They lied. FSA are on the case.

[cyberpost] 11/7/2008 18:06

PC

which trading subsidiaries is the majority of the debt with.. is it with the two that have gone into admin ?

[pomp circumstance] 11/7/2008 17:58

Pro care is owned by mills. See prev rns

[cyberpost] 11/7/2008 17:29

Update on financial position (Intl Medical Devices)

RNS Number : 9404Y
International Medical Devices PLC
11 July 2008


International Medical Devices PLC

11 July 2008


International Medical Devices plc (the "Company")

Update on financial position

The Board wishes to announce that following the suspension of International Medical
Devices Plc (IMD) shares on 27 June 2008, the Board
has continued to have discussions with its present bank, other financial institutions, and
individuals, in order to provide funding in the
form of loans and/or equity, to support IMD's working capital requirements.

The funding requirements have not been forthcoming from the parties with whom discussions
have been held, and this has clearly been
influenced by the difficult economic conditions, in particular the current economic climate,
equity market uncertainties, and tightening of
credit policy and conditions in the banking market.

The Board has been working closely with IMD's existing bank, in order to protect the
assets of the business. The IMD Board has
regrettably taken the decision, to place two of IMD's three trading subsidiaries, being
Pro-Care Limited and Response Medical Equipment
Limited, into Administration. BDO Stoy Hayward has been appointed Administrator of these
businesses. IMD and the Administrators are working
together to try to find a solution for the IMD group.

[giant steps] 10/7/2008 21:44

Prices bid 'blank' offer 'blank' , struggling with this one PC !