Avi Global Share Discussion Threads

[daisy777] 13/11/2004 00:04

Moscow, I sent it to the group list, which I thought you ran, but only the group list. I can re-send if needed.

[moscowtrader] 12/11/2004 22:19

Daisy

I have not received the email with the attachment

[harry punter] 12/11/2004 19:24

stevil if he doesnt put those assets back the sfo will nail him

[stevi111] 12/11/2004 19:00

LDMachin.......

When the FSA look into these aspects, I'm sure they will get a suspicious taste of fraud and nail him for it. The FSA will do a very thorough investigation if they catch the scent of a rip-off merchant - no matter who it is!

I just hope he doesn't nobble the FSA like he nobbled his buddy pals - the administrators!!

The FSA will love the FACT that Jez had already set up this new Morpheme company BEFORE resigning as a director of AGT Games. It will not look good for him and I'm sure he will struggle to provide answers to that. It is an obvious 'conflict of interest' IMO.

Harry......Don't talk wet. If Jez has'nt got the decency to keep shareholders in the picture, he would'nt have the decency to provide anything for them. He's in this for himself - ONLY!

Besides, He no longer works for Argonaut Games. Why should a former CEO help old shareholders out?

Off out now - Evening all.

[Abuse team] 12/11/2004 18:49

Post removed by ADVFN

[sci xrage investor] 12/11/2004 18:46

If anybody follows Game Investor then you may be interested to note that the web site has just been updated.



Regards

Justin

[nonna] 12/11/2004 18:39

Does anyone have a copy of the company's articles of association?

[harry punter] 12/11/2004 18:36

san may surprise us yet and turn the tables --and reverse morpheme wireless into agt --and then ask charles stanley to raise £5million from the city ----- -----------that's what i would do if i was san ---

[ldmachin] 12/11/2004 18:33

steviii,

"I would say they probably were'nt given time to mount a bid considering the 'hush hush' approach by the administrators and the rapid speed in which the deals went through"

That's putting it lighty! Jez had already set up a new Morpheme company even before the administrators were appointed! The FSA are investigating.

If Jez doesn't get judged for his actions in this life, he certainly will have to do so by our maker in the next, good luck to him, he'll need it.

Cheers.

[stevi111] 12/11/2004 18:24

LDMachin.....

The problem is that this kind of 'corporate theft' goes on all too often and they get away with it.

I think it is totally disgusting how they are keeping shareholders in the dark by any means possible. Jez + co has'nt the slightest care in the world for you shareholders and that's why you all need to fight this.

My friend has a few AGT shares and he's resigned to losing his cash. If it were me I would'nt expect a loss in this way and certainly would'nt except it without any viable explanation.

Suppose, like yourself, a lot of people will have lost a LOT of money here. If the company had gone into administration will a load of debt - fair enough but this isn't the case. No doubt Jez will offload his new Morpheme company and bank the profits all in a days work and still be classed as a 'saviour of the company' It beggars belief!

Also....Certain parties are now interested in buying this new Morpheme from Jez. It makes me ask the question of WHY these certain companies were'nt interested in buying Morpheme directly from the administrators a few weeks back?

Hazard a guess - I would say they probably were'nt given time to mount a bid considering the 'hush hush' approach by the administrators and the rapid speed in which the deals went through.....Of course this was in the interests of the companies + workers - LOL...My foot!

All the best in your efforts !

[harry punter] 12/11/2004 18:19

a decent financial accountant would have sorted this all out easily --banks are desperate to lend money to good people

[ldmachin] 12/11/2004 18:04

stev111,

The really sad thing is, at the suspension price of 3p Argonaut Games was valued at a market cap of £3m. Jez could have bought the whole company for approx. £1.7m (because he is already a 42% shareholder), saving something for shareholders and saving lots and lots of jobs and saving the SCi contract. But he decided to do it this way instead...

Cheers.

[harry punter] 12/11/2004 17:59

i think crilly is to dim witted to be in this transaction because san disowned him when i spoke to san the other night about our meeting next week

[blue tooth] 12/11/2004 17:31

also, San should have called his company Morpheme Blue Tooth, after the pirate that he is - or was that black beard?

[blue tooth] 12/11/2004 17:30

that's what i was wondering; just logged on and saw a series of 'deleteds'; what's he been saying punters?

[iulia] 12/11/2004 17:24

It looks like unless he did it himself, advfn have deleted all harry punter's posts, ar at least several of them, is that the case, and if so, why?

[libby69] 12/11/2004 17:17

Look at this board for June and July
"It will reach 80p! FILL YOUR BOOTS!", was the cry.
The games deals got pulled; the coffers ran dry.
Liabilities spiralled and no-one knows why.
The shareholders sit, bemoaning their fate,
"I'll stick to blue chip", they mutter,too late.
The nature of risk; it's always a game,
We should code it for X-Box; oh dear, what a shame!
The investors are furious, counting the cost,
With little regard for the jobs that were lost.
The staff that worked hard, clinging to hope,
While hapless shareholders complained to the pope.
"We want our vengeance!", the action group's told.
But revenge is a dish always best eaten cold!
Waste not your energy in action forlorn,
Pick up your lives, gird your belts and move on!

[daisy777] 12/11/2004 17:00

WHOIS Search Results:



Registrant: Matthew Spall

Registered on: 30-Oct-2004

Redirects to:



as does:



Creation Date: 30-oct-2004
Status: REGISTRAR-LOCK
Updated Date: 10-nov-2004
Creation Date: 30-oct-2004
Expiration Date: 30-oct-2006

Current Registrar: TUCOWS INC.
IP Address: (removed) (ARIN & RIPE IP search)
IP Location: UK(UNITED KINGDOM)-ENGLAND-PRESTON
Lock Status: REGISTRAR-LOCK
DMOZ no listings Y! Directory: see listings
Data as of: 08-Jun-2004

and:



Administrative Contact: Matthew Spall

Status: REGISTRAR-LOCK
Updated Date: 10-nov-2004
Creation Date: 30-oct-2004
Expiration Date: 30-oct-2006

Current Registrar: TUCOWS INC.
IP Address: (removed) (ARIN & RIPE IP search)
IP Location: UK(UNITED KINGDOM)-ENGLAND-PRESTON
Lock Status: REGISTRAR-LOCK
DMOZ no listings
Y! Directory: see listings
Data as of: 08-Jun-2004

[ldmachin] 12/11/2004 16:54

targatarga,

Jez San setup the new Morpheme business 5 days before the administrators were called in on the subsiduaries, you can bet he knew they were going to be put into administration long before he let the market know. Let's hope the FSA are doing a thorough investigation.

Cheers.

[ldmachin] 12/11/2004 16:38

Daisy777,

Because we're being kept in the dark for a reason. If this was all above board, i'm sure John Crilly and the other directors of our company (that is not in administration) would be more forecoming with information.

Cheers.

[targatarga] 12/11/2004 16:36

Exactly how long did he give other prospective bidders?

[dell314] 12/11/2004 16:29

Companies House has official Morpheme Administration start date as two days after your appointment date for new Cometguide directors...


Name & Registered Office:
MORPHEME LTD
Company No. 03784885

Number of Cases: 1
Case Number: 1 (of 1 cases)
Case Type: IN ADMINISTRATION
Admin. Start Date: 22/10/2004


I suppose Jez can still argue that he was just taking precautions to have a back up "rescue" plan, in case no bidders came forward...

Rgds
dell
DYOR, IMO

[ldmachin] 12/11/2004 16:23

...And Jez didn't resign until the 25th Oct, meaning he set up the company while he was still CEO of Argonaut Games PLC. Conflict of interests, looking after himself and not shareholders. More evidence.

Cheers.