Amd Commo Exagr Discussion Threads

[festering pustule] 05/11/2009 21:20

'...they have paid fourfold for any losses which they have inflicted'

Indeed; but there has been vast inflation in the interim.

Very good work, Ratty.

[loverat] 05/11/2009 21:09

Before we go back to discussing the reality of the failures of the present day.....



6.3 Loan of $5 Million Written Off

We can find no evidence that this sum reached LAC, nor is there documentary evidence to show that steps were taken through the courts in any country to recover this money.

The transaction was managed by Mr Simon Littlewood, who has since commented that the "Croatian Mafia" has the outstanding $6 million belonging to LAC shareholders

[loverat] 05/11/2009 21:01

And in the meantime readers may wish to think back to past glories....

[loverat] 05/11/2009 20:53

Yes - and at the same time I will be Tony Merton and be hosting a game of 'ROOM 101' Three separate scenarious will be posted regarding RSV and readers will be invited to discard the two which are most likely to be a load of codswallop.

Watch this space.

[jonc] 05/11/2009 14:41

You ask the most beautiful questions......

[loverat] 04/11/2009 21:16

5 million dollars lent by LDC and it's fee of 1M.

= $6M

Where is the money Littlewood?

Answers please.

[loverat] 04/11/2009 21:13

Yes - and the six million dollar man and all his cronies are watching too.

[loverat] 04/11/2009 20:58

Shame on you all.

[loverat] 04/11/2009 20:32

This thread has been dedicated to exposing shoddy crooks, con artists, serial liars, hypocrites and vexatious litigants.

Those cowards who have been exposed look in the mirror.

Then come on here and apologise to all the people whose lives you have affected by your actions.

You are a disgrace to the human race. Have the guts to face up to what you have done and compensate people for your actions.

[loverat] 04/11/2009 20:16

Today I was reading an article in the FT about politics in Croatia. Apparently there is a lady PM who is making some progress but is unpopular in some circles.

Her agenda - Tackling widespread corruption in the country.

What I am puzzled with is what did the directors of LDC besides Littlewood know about loan of 5M$. Were they totally oblivious as to what was going on around them?

Did they know about the loan - did they know it was not paid back.

Where is the money?

Are shareholders funds held by the Croatian Mafia as Littlewood has been quoted as saying - or has someone else pocketed the money?

[loverat] 03/11/2009 19:05

Hey Anomalous

What do you think about all this. I hear you have some experience in Russia and the problems associated with Eastern Europe etc

Obviously we probably all thought Simon was a 'first class businessman' but what do you reckon? Not sure if you hold but if you do you must be very upset that (according to Simon) that your hard earned money is held by the 'Croatian Mafia'

I suspect Cougar6 is also not best pleased either.

How about an action group?

[loverat] 03/11/2009 06:35

Just a reminder from the update letter from London Asia Capital dated 27 October
2009 about what this is all about.

6.3 Loan of $5 Million Written Off

Our investigations have uncovered that on 7th September 2005, LAC plc sent $5 million to Nourican Adriatic d.o.o., in Zagreb, Croatia. The transfer document was signed by Mr Simon Littlewood. A signed contract confirms that the loan was to have been secured by a pledge over 25,000 shares in Industrogradnja d.d., but no signed guarantee or pledge has been traced.

The purpose of the loan was to help Nourican Adriatic d.o.o. provide evidence to the Croatian Stock Exchange (Zagrebaka Burza) that cash needed for a bid to be made by two Croatian companies for Industrogradnja was available. LAC was to receive a fee of US$ 1 million for this loan.

The bid for Industrogradnja was launched on 11th November 2005 at a share price of 650 Kuna at a discount to its market price of 810 Kuna. As a result, only 2,640 shares were tendered for at a total cost of $273,244. It appears that the $5 million loan provided by LAC was not used for the bid and should have been returned to LAC in January 2006, together with the $1 million fee.

We can find no evidence that this sum reached LAC, nor is there documentary evidence to show that steps were taken through the courts in any country to recover this money.

The transaction was managed by Mr Simon Littlewood, who has since commented that the "Croatian Mafia" has the outstanding $6 million belonging to LAC shareholders.

[loverat] 03/11/2009 04:46

Do any of you guys have nicknames at work or amongst friends?

I wonder whether Littlewood's associates have one for him. 'The Six million dollar man perhaps'?

[loverat] 02/11/2009 21:02

Yes - one reader from Pula who occasionally looks in.

If you don't mind me asking are you part of the 'Croatian Mafia' which was lucky to end up with $6 Million dollars of LDC shareholders money?


If so, please kindly return the money. It belongs to shareholders of LDC. Just because some gormless idiot lent you the money does not mean you don't have to pay it back.

$5 million and $1 m fee please.

[loverat] 02/11/2009 20:17

Disgraceful - how anyone can even think of going to a such a country, let alone loaning LDC money to a bunch of thugs.



Where's the money Littlewood?

[loverat] 02/11/2009 20:10

Last few days I have been asking a few contacts in Zagrab about Littlewood's loans.

Don't hold out much hope - the 'Croatian Mafia' are pretty formidable and have very nasty tendencies.

An old film but more recent atrocities available if required......

[loverat] 31/10/2009 18:46

Mack

I believe that there is some tension (but also still contact) between remaining and old directors. In light of last week's revelations we may learn alot more fairly soon.

[mack7heknife] 31/10/2009 10:03

I wonder when they'll all start ratting on each other ?