Galileo Inn. Share Discussion Threads

[inv3ntor] 30/4/2007 08:48

Lord Satafe and Topvest, do either of you have a prospectus stating how your money was to be spent? do either of you have any documents showing that GAI had an investment in Sense-Sonic Ltd. I have found £1,450,000 which Addleshaw Booth & Co. helped on its way out of the system. It is quite possible that some GAI shareholders got your cash on day one through a similar scam and the sought documents will help me trace any such cash withdrawals. I have a case going through (with more to follow) and intend (and fully expect)to nail a few individuals in the criminal and civil courts. Your money has not been traced because GAI's auditors pulled of a solvent liquidation using cash derived from a sham sale of third party assets (mine) (i.e. assets which GAI did not have the right to sell). Without the £425,000 from that sham sale, there would have been no solvent liquidation for GAI and an investigation would have followed into where your money had gone.

Warburton stated in a linked thread that he could account for every GAI penny (I will chase him for that account in due course). He also states that there were no loans to directors. However, another thread states that Sense-Sonic Ltd bought Leaf Techologies Ltd's assets for £1.09M from Stephen Conn (administrator friend of Davidson and Warburton) - not so - Conn sold Leaf's assets to Davidson for £640,000 (the money came from GAI and may never have been paid back)and Davidson sold them on to SSL for £1.09M.

When Sense-Sonic Ltd was put into Administration on 30-07-03 with...Stephen Conn.. there was no mention of the shareholding which GAI had elsewhere claimed to have in SSL. Furthermore, Warburton had been trying to sell - and was entertaining offers for - Sense-Sonic Group plc (not Sense-Sonic Ltd), claiming, that it owned my hearing aid invention.

It is possible that you received or were directed to falsified reports (like those in the threads) in order to keep you at bay whilst Warburton engineered a solvent liquidation. Any help in finding a prospectus or any further evidence that GAI had acquired shares in SSL or SSGplc would be very much appreciated.

[topvest] 29/4/2007 15:25

Same here!

[lord santafe] 29/4/2007 15:17

Thanks Topvest, not disapointed since I wrote this one off years ago.

[lord santafe] 28/4/2007 13:30

Will we ever see any of our money back again?.

[inv3ntor] 13/12/2006 15:52

what's your interest in all this, best mook? who are you?

[inv3ntor] 12/10/2006 16:45

galileo is set to be roped into a DTI investigation through diretorial links to another company. any questions?

[inv3ntor] 14/8/2006 11:15

chopsy, would you be willing to tell me what you know about Galileo possibly claiming to have a shareholding in sense-sonic, the company it was supposedly floating in Feb 2003?

[inv3ntor] 08/8/2006 17:56

Chopsy,

The liquidation is a solvent liquidation and the liquidator, galileo's auditors, E&Y is still in office. I've just talked to them and whilst completion was discussed, no mention of it having taken place was made.

[chopsy] 04/8/2006 09:41

Liquidation complete. No return to shareholders. Surely we should be on the no value list now.

[inv3ntor] 28/7/2006 17:41

anyone know who was the interviewer and why this interview was conducted?

[inv3ntor] 28/7/2006 17:36

anyone id'd Mr K yet?

[inv3ntor] 28/7/2006 17:24

N E 1 for a Galileo update and some idea of where the money went?

[inv3ntor] 28/7/2006 16:38

N E 1 4 update?

[inv3ntor] 28/7/2006 15:14

N E 1 4 an Update?

[swiftnick] 16/7/2006 20:45

Yes, but when? These are still not on the HMRC negligible value list.

[fozdad] 28/6/2006 13:47

Please God, not another business idea.

Very pleasing to hear that he has had such a major fall, he certainly didn't give a fig about everyone else who lost money.

I just feel sorry for the people who have to sit next to the fat smarmy git on the bus

[best mook in town] 02/4/2006 16:57

from the times....

AFC collapses



Advanced Fluid Connections (AFC), the AIM-listed company set up by Paul "the Plumber" Davidson, has gone bust and is to be broken up. A Bank of Ireland subsidiary, owed £22 million, has called in KPMG as administrative receivers of AFC.

[heidigynne] 04/2/2006 23:29

grrrrrrr.,

yup, I still have GAI on my watchlist [an empty row of course] as a reminder.

Tis so easy on AIM, to 'bow out';
Simply;
Don't present accounts,
Get suspended,
Limbo for years.
Wonder how Lord Lamont feels about all this?

H

[chopsy] 04/2/2006 22:53

Just checked on the latest "shares of negligible value" list on the IR website. Guess what, GAI isn't on it.

How do I crystallise a loss here for CGT purposes? Can I sell them to my dog for 0.0001p each?