Amd Commo Exagr Discussion Threads

[loverat] 23/7/2010 22:11

Hey Cougar

Any 'knicking' of boats or otherwise down your way?

I watch Doc Martin and it's a great series.

Anyway, I came across a thread a few weeks ago where Anomolous said that he had visited you.

I just wondered what you did during the visit.

Did you both go to a few local schools and frighten the schoolchildren?

[loverat] 23/7/2010 21:59

'Somebody's nicked my bloody boat"

[loverat] 23/7/2010 21:58

O.K folks

Tonight is 'Howards Way' night.

Someone knicked his bloody boat!

[loverat] 15/7/2010 05:58

Yes - interesting. 'Painting' ramped London Asia and COMG for 5 years or more and disappeared all of a sudden in Jan/Feb 08. Just about the same time as Littlewood.


nickcduk - 27 Feb'08 - 13:15 - 8544 of 8545
Painting told me the company is bust and won't be returning because it has no cash or business plan. He kind of forgot he was actually on the board of COMG. Our conversation was very strange indeed.

nickcduk - 27 Feb'08 - 14:28 - 101 of 214

Sorry. I get a little confused between Painting and Simon Littlewood. I seem to think they are the same person. Simon Littlewood told me in our phone chat a couple of months ago that COMG is bust. It has no cash or business plan and won't be re-listing as it has no money.

[loverat] 13/7/2010 08:43

Sign the petition for free speech and fair opinion. More signatures needed to pressure the government for radical reform (I won't ask for donations since I am sure many shareholders are feeling the pinch here after your assets were flogged off for 70K)

[loverat] 12/7/2010 19:10

LETSGOTOWORK

My e-mail address is [e-mail]

I know you read this thread. If you have integrity you should contact me.

Let's get to the bottom of this.

[loverat] 12/7/2010 06:08

And this poster still forms part of the investigation. Who is he and where is he now?

Recently posted on the MHG thread too - I feel to get some sort of reaction although I do not believe he is directly related to MHG. Is the person who used this user ID the same person who posted in 2008? If not, who was using his user ID in the recent posts.

Please step forward sir(s), and eliminate yourself/yourselves from the investigation.



LETSGOTOWORK - 20 Oct'08 - 11:44 - 8776 of 8797



Afternoon,

I have just had a phone conversation with George Allnutt.
Allnutt was quick to rubbish the rumours of LDC going bust and informed me that
was far from the case.

He confirmed to me that the new CEO, Keith Negal, was making extremely positive progress with his review of the business and that he had unearthed a
"number of matters that required clarification" !! I tried to push Allnutt on this subject but he refused to comment further for legal reasons.
Allnutt appeared to be very positive and upbeat regarding the appointment of and the future ofLDC. Apparently, there are to be some strong additions to the board in the very near future combined with some exciting plans to get LDC back onto peoples radar. He finsihed by commenting that he is determined to get some value back to the shareholder after the Littlewood era.

Regards

[loverat] 12/7/2010 05:59

China Eastsea mentioned in the investment report. This post made me laugh. A couple of months after the company was suspended, 'tenniselbow' who is believed
to be George Allnutt the new CEO of LAC asks bulletin board posters whether his company still has an investment in Eastsea.

You simply could not make it up!


tenniselbow - 26 Aug'08 - 12:04 - 8757 of 8797
Eastsea does LDC still hold ?

[loverat] 12/7/2010 05:35

And of interest to some. A summary of the litigation coming up.

[loverat] 12/7/2010 05:34

Interesting investment report from London Asia Capital. Littlewood certainly had his fingers in a few pies.

[loverat] 09/7/2010 18:06

I see things are hotting up on the MHG thread.

[loverat] 08/7/2010 12:09

Yes - the assets sold for 70K in 2007.

This is the statement announcing the aquisition and price of BEC three years earlier.

Also, it appears from the posts below this that there might have been some extra cash?

So where did it all go wrong in three years that the assets were sold off for 70K?


Europasia Education PLC
30 July 2004

Acquisition of UK Language School

Europasia Education Plc ("EPE" or "the Company"), the AIM-listed education
group, is pleased to announce that on 29th July it completed the acquisition of
100% of Bournemouth Educational Centre Ltd ("BEC"), a profitable English
language school based in Bournemouth, UK, trading under the name English 2000.

The consideration for the acquisition was satisfied as follows: #598,000 in cash
payable on completion; #100,000 via the issue of a 12 month loan note, secured
on the shares in BEC, which bears interest at a rate of 250 basis points above
the UK base rate; and the balance of #100,000 to be payable in cash following
the publication of BEC's annual report and accounts for the year ended 31 March
2005 ("2005 Accounts"), dependent upon BEC reporting profits before tax of at
least #150,000. In the event that the 2005 Accounts show profits before tax
less than #150,000, payment will be reduced proportionally.

For the year ended 31 March 2004, BEC generated pre tax profits of #314,289,
with net assets of #267,430. On completion, BEC had cash in bank of #475,861,
with net assets of #305,000.


Anomalous - 2 Aug'04 - 18:41 - 252 of 294


>User75160
I don't know if you managed to get some EPE today, but they rose a healthy 6%.
Not only that, but I heard something very interesting. They found that the school they purchased had £200k more in their bank account than they had originally listed in the accounts.

Talk about a good deal....£200,000 for nothing!



Anomalous - 29 Sep'04 - 15:09 - 48 of 329

Net current assets up £364,727 is up 70.7% on the previous year end figures. This is partially down to the great deal that they did with the Bournemouth School. Finding so much extra cash in the accounts after the sale was a bonus and has boosted the cash in bank.

[madmadscorpioman] 08/7/2010 09:26

Course he is, or so he says:( the whole aim market stinks and needs shaking up big time, maybe it is time to look into a website now

[loverat] 08/7/2010 09:12

Well, I guess if Littlewood says the terms of the purchase were reasonable then he must be right.