Legendary Inv. Share Discussion Threads

[bionicdog] 11/3/2018 12:45

We'll done Soup. Let us hope there isn't a drunken Sunday afternoon invasion similar to that at West Ham yesterday.

[wrestlingmad] 11/3/2018 12:16

A hooligan was arrested yesterday at West Ham's Premiership game after invading the pitch.
Astonished onlookers heard him plea with the players to buy Legendary Investment shares while they still could.

Mr DP said, although he hates football, he was behind the Millwall goal all afternoon.

[chinese investor] 11/3/2018 07:18

CHELSEA 2 NANDOS 1

[bionicdog] 10/3/2018 20:36

One of the beloved teams may be going down.
I sense a bad rest of the weekend for Pongo.

[soupdragon55] 10/3/2018 20:29

Thanks Zipster, can't find anything myself. As you say Rule 35 states 'at all times', but there must be exception if the sole broker goes bust which isn't the companies fault.

[zipster241] 10/3/2018 20:23

I'm not entirely sure on the that, I read somewhere that it is 30 days although rule 35 states the firm must retain a broker at ALL times.
will try to find out for certain

If LEG ends up on the pinksheets, It may become impossible to sell any significant amount of shares.

[soupdragon55] 10/3/2018 20:12

Zipster, what duration do the AIM Rules stipulate that they have if the company broker goes bust?

[zipster241] 10/3/2018 19:52

nice but, $25k should be added to the loan value from Alcazar to capture the interest fee. loan outstanding is 275k dollars

also could add a counter to show how many days are left for the firm to find a new broker ...else this entity will be delisted. What would happen then ? A fire sale, firm to be traded on pinksheets or equivalent ?

[nhs buyer] 10/3/2018 18:42

So much useful information.

[chinese investor] 10/3/2018 16:18

Well done Soup !

[mudbath] 10/3/2018 16:03

And long may your new,sorry,the MAIN THREAD,remain equitable and well mannered.

[belt n braces] 10/3/2018 15:50

Excellent thread

[kemorkid] 10/3/2018 15:09

Excellent soup very very well done
I love it

Thanks KK

[soupdragon55] 10/3/2018 14:18

Wincanton's Partner network was launched this week with VS on board.

[soupdragon55] 10/3/2018 14:17

Kicking off with this weeks new development.

[soupdragon55] 10/3/2018 14:17

Legendary Investments (LEG) - AIM listed Investment company


Shares in issue (14/5/18) = 3,842,912,755

Holdings. (as at 16/09/18)

Virtualstock - 6.4% which is circa 473684 shares held by LEG.
IBS Corporation - 120000 shares held by LEG.
Amedeo Resources - 192308 shares owned by LEG (Held by Beauforts)
Crowd for Angels - 9.7% held by LEG
Dunraven Resources - assumed 2% held by LEG. - LEG acquired 2% stake in Circle Oil Tunisia, which was subsequently taken on by Dunraven.
Medgold - circa 345,000 shares held by LEG (to be confirmed).

Links
Virtualstock -
IBS Corporation -
Amedeo Resources -
Crowd for Angels -
Medgold Resources (TSX-V Listed - MED.V) -
Dun raven Resources - hxxp://dunravenresources.com

Valuations (guesstimates) Updated 28/7/18 to reflect change in Amedeo and Medgold
0.123p per share - Virtualstock - Last investment by Notion VC at £10 per share = £66m valuation = £4.737m LEG Holding
0.022p per share - IBS Corp - Based on supposed $10m valuation = £844,920 NAV to LEG.
0.00049p per share - Amedeo - (AIM:AMED) - Shareprice = 9.8p = £18,846 for LEG holding
0.0093p - Crowd for Angels - Based on £360,000 price for 9.2% investment.
0.00189p - Medgold - Based on current share price of $CAD 0.36 = £72,572 value to LEG

Angel Token market =

Cash
Cash as end of March 2018 = £45,000
Non-current receivables = £0 (Previous Loan to Manas written off)

Liabilities
$250,000 loan facility (figure includes 10% interest p.a.) due back to Alcazar 1 Pte Ltd (1 year from loan date)
Cash burn = circa £320,000 p.a. administration expenses. (2017 figure)

Warrants outstanding
45,000,000 at 0.10p - expire 14 November 2018

Options
450,000,000 in various tranches - Exercise price from 0.20 to 0.35p - Expires between 2021 and 2024

Virtualstock - Retail Clients




Tesco
John Lewis -
Waitrose
Aldi
Argos
Kingfisher Group (Screwfix & B&Q)
Dixons Carphone Warehouse -
Office Depot
DBA Apparel -
The Works

Partnerships

Wincanton -
IBM Global Business Services -
Metapack -
WnDirect -
Previs -
Mintsoft Multi-Channel Order Management Software -

VS processes over 800k orders per month across over 10k vendors.


NHS eMarketplace and Procurement

NHS Pricing Document (April 2018) -

NHS SBS -

Shelford Group -

- Guys and St Thomas NHS Foundation Trust
- North Tees and Hartlepool Hospitals NHS Trust
- Sheffield Teaching Hospitals NHS Foundation Trust
- University College London Hospitals NHS Foundation Trust
- Imperial College Healthcare NHS Trust
- Manchester University NHS Foundation Trust (Central)
- Manchester University NHS Foundation Trust (South)
- Northampton General Hospital NHS Trust
- Kettering General Hospital NHS Foundation Trust
- University Hospitals of North Midlands NHS Trust
- Dartford and Gravesham NHS Trust
- Portsmouth Hospitals NHS Trust

Overview of The Edge 4 Health -

Interviews
30th Jan 2018 -

28 March 2018 - Previs talk about what they do -



Links to VS articles

[zipster241] 10/3/2018 14:02

if Karim can find another broker to back this firm and its dodgy dealings, I expect him to extend the 400k loan facility he has with his mates (at further cost to LEG of 10% pa)

3 weeks, or 15 trading days to go to find a new broker, less than that to pay of the loan. Seems that a placing would be unlikely unless he consolidates the confetti first.

I cant see the upside here myself, yet he appears on Zak Mirs trading café to suggest that all is well..... hahahah I wish I could laugh at his face, what a crook !

[chinese investor] 10/3/2018 11:20

Then of course there were those other Beaufort market whispers !

cpap man (LEG) 21 Dec '17 - 11:10
Market whispers that Beaufort Securities are about to UPGRADE LEG to BUY with a price target of 1.5p

Professor Pettigrew (LEG) 21 Dec '17 - 11:14
I would think that would make perfect sense cpap man.

[brian boru] 10/3/2018 11:07

Outrageous that FCA can put US interests before customers and clients of a Regulated financial services company - Had Zaf been aware of the likelihood of this insolvency last December then contingent plans could have saved him the trouble of a panic appointment in the next couple of weeks;


FBI investigations delayed close of failed Beaufort Securities
£800m client money stuck


The Financial Conduct Authority (FCA) delayed shutting down failed discretionary fund manager Beaufort Securities to allow the FBI to carry out an undercover operation, according to reports.

The financial watchdog allowed Beaufort to continue carrying out regulated activity beyond December to give US prosecutors the time needed to gather evidence to bring charges against the firm, the Times said.

The firm was eventually placed into insolvency on 2 March following an urgent application by the FCA to the High Court. The regulator said it carried out an assessment of the financial positions of both Beaufort Securities and Beaufort Asset Clearing Services, which led it to believe both firms were insolvent.

RELATED ARTICLES

FBI investigations delayed close of failed Beaufort Securities
Investors given week-long extension on lower-risk EIS
Last Friday, the US Department of Justice unsealed an indictment that charged Beaufort, two of its employees and four other individuals, including the son of one of London's top art dealers, with various crimes. These included attempts to use a Picasso painting to launder millions of dollars and involvement in a $50m (£36.1m) ‘pump and dump' scheme.

FCA director of enforcement Mark Steward told The Times the FCA and the FBI had maintained a dialogue throughout their work on Beaufort Securities, but the investigations remained separate.

PricewaterhouseCoopers has been working to unfreeze some £800m of customer's funds since being appointed administrator last week.

Niether Beaufort Securities or Beaufort Asset Clearing Services have any association with advice network Beaufort Group.

[chinese investor] 10/3/2018 07:48

I sense they'll be the same "relevant people" you advised about me and "Michaels".
I would say you were childish but even children would not act in such a way.