To the contrary, they have commented thus: "In response to the lawyers’ claims, a person briefed on FRP’s decision-making regarding the administration and sale said SGIK was the only bidder for the company meaning the only alternative would have been to shut down the business with no value recovered"
Sounds like our obsessive poster is going to compound his losses in Koovs by chucking more money away on lawyers' fees. One of the biggest problems of our times is the blame culture; failure to take responsibility for bad decisions (especially financial ones) and instead seeking to pass the blame for their own lack of judgment (and sometimes just sheer bad luck) onto others.
Sad. Anyway the lawyers will be delighted; a nice little earner for them. |
If these allegations were false, the press, shareholders & Seth Freedman would have been sued by now.Why have Alli & FRP refused to comment- think about it ; ) |
I have no time but make a long response anyway lol. |
I have no time for people who invade a message board and dominate it with their obsessive opinion ( whether correct or not). Having made your point, why is it necessary to continually repeat the issue to the extent that it drowns out any other opinion? My solution, use the filter button and do not respond. Response is their oxygen, giving them the opportunity to come back again and again. Deprived of oxygen, there is no satisfaction to be had.
I haven't seen any of the recent posts and will continue to filter the multiple identities that pathetic folk mistakenly think will allow them to reach me. |
I am not investographer - I guarantee that an Administrator being removed for misconduct is far from tedious !
Yes legal matters take time but that is par for the course sadly.
Lets see if FRP close the administration or attempt a further extension hey? |
Yes it's in the FT. Now perhaps you and your various aliases will be happy to let due process occur without obsessively going on about your single issue, which clearly you have a financial interest in but is relatively minor and tedious for the rest of us?
Probably too much to hope for but we shall see. |
Hey bluemango- you read the FT today?Looks like the other poster was right after allThe letter to FRP said it was open to our clients to apply to the court to remove and replace the administratorsThis is just the beginning- mark my words! The truth about these practices is being fully exposed. |
I have not heard of any newspaper articles about FRP or Geoff Rowley, but if true, Rowley is done & dusted.I just can not see how he can get out of this mess now. Did not realise he was so well known for all the wrong reasons. |
The legal case to remove FRP has started and the article will be coming out this coming week also. I will say no more than I already have as what I have said already is market sensitive in some respects. FRP may have to RNS the start of legal action. |
Geoff Rowley blatantly lied to shareholders. He is meant to be an Officer of the court.He extended the investigation due to shareholders concerns, then did not contact shareholders, instead threatening them with the insolvency act 1986. Journalists in the City are queuing up to expose his practices.He has nowhere to hide. |
Bluemango- I only post under this account- I have already stated what was going on with Geoff Rowley & FRP with regards to his shoddy performance in dealing with the Koovs administration.I do not know anything about the FT, but do know that many journalists in the City are aware of Geoff Rowleys behaviour.If true & this story does come out, Rowley &is finished in the Citu |
Well the guy's been going on about this for quite a while now, so perhaps we'll now finally see if the obsessive posts on a single issue have any substance to back them up.
Keep an open mind, that's all I'll say. The guy's clearly on a mission with a personal vendetta which he chooses to air on here rather than go through the appropriate procedures for any grievance - presumably because (if tried) the latter course didn't have enough backing or evidence. No-one forced him to invest in Koovs. It will be interesting to see what the FT has to say about this (assuming at least that part is accurate), but don't expect people to get too excited by it. |
I do not like the sound of this... |
Hey Bluemango I have no issue with you but these chats are for everyone and all views to do with FRP.
I am 100 percent not the poster you are trying to associate me with.
Are you aware FRP have already wiped out their own shareholders in the past?
FRP have 2 options currently - they either take legal action against the board of directors at Koovs or FRP themselves get buried for misconduct - being a listed company with investors to answer to I think they will probably choose the first option.
The exposure starts this week! |
No, I'm not the one with the personal, obsessive vendetta, so don't feel the need to 'contact the company' thanks.
I notice you don't deny your cack-handed attempt to give your posts some spurious credibility by creating an alias specially for that purpose. Just weakens your case and comes across as desperate.
"You should email Mr Rowley' - No thanks, if you've got an issue, YOU take it up with them. |
You may be better off checking the progress update where FRP extend the administration due to shareholders concerns - then try and find another case where this has happened... you will not find another though as it has never happened!
I suggest you contact the company as they are currently in a very sticky situation as they will be being removed from the administration of Koovs due to misconduct.
You should email Mr Rowley and request to know if the administration of Koovs is going to plan - when an administrator gets forcefully removed its not good for their reputation. |
Meanwhile, a Google search from the most recent period, the past month, searching on 'FRP Advisory KOOVS' comes up with this obsessive individual's posts and nothing else.
Anyway we'll see on Monday won't we, presumably; FRP being rocked to the core. |
'southcoastbather' profile - created today (26th June 2021). Four posts on here, praising 'investographer' and all preoccupied with the same obsession, the same personal vendetta against FRP.
Doesn't take Sherlock Holmes to work out they're one and the same person.
'Everything investographer has said is true'. Lol! Desperate or what.
I repeat; if you've got an issue with them, take it up with the authorities or use a lawyer. Your obsessive attempts to try to trash the company on this bb instead, are amateurish and desperate - whatever the FT or anyone else may be about to print. Yes we'll find out just how big a story this is on Monday, won't we? |
Some posts from lse about FRP. |
Halimora - sadly your friend has no value in those shares as they were part of the old company.
FRP advisory was itself taken into administration and then the assets were purchased by the Directors inc Mr Goff Rowley - they then brought the company back to the market and re floated the company.
An administrator going into administration itself is some kind of irony hey!?
In a nutshell old investors were wiped out and the board of directors that ran the company into administration picked up the assets for a pittance and then took money off new investors via the stock market for the new company and these are the shares that are currently traded.
Beggars belief how this kind of thing happens.
I hope your friend gets over this loss.
Keep your eye on the financial times tomorrow its going to be a good one for your friend to read. |
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