Id Data Share Discussion Threads

[charles clore] 06/7/2009 11:05

Snake - ask your broker for a share certificate. The company might make you an offer for your 0.33%

[rabain] 29/5/2009 10:16

No, that's the old old one

[diddy123] 28/5/2009 18:33

Have they got a new web site.

[snake516] 19/5/2009 21:31

What about 'pinks'? Just because the shares are delisted doesn't mean they don't exist, does it? I own 0.33% of ID Data Group, whatever that might be worth right now :-)))))

[4shorty] 19/5/2009 09:17

Not as far as I know Kishka, but I'm not an expert on corperate law
4S

[kishka] 16/5/2009 11:25

4shorty is there nothing we can do

[rabain] 13/5/2009 13:32

Anyone know who's producing the Clubcard relaunch?
Keep thinking my portfolio is doing well, then I remember the big black hole that was IDD

[4shorty] 12/5/2009 09:29

yeh Baton Sounds all too familiar, Peter goes on about what he has lost he still has a company that is forcast to make a profit on turnover of around 10mil we have nothing, and he bought it for peanuts, the regulators should be cracking down on this sort of conduct.
4S

[baton] 06/5/2009 21:54

What were the non-exec's doing to protect our interests?

Does this article sound familiar?

[intco] 06/5/2009 21:10

4Shorty.

Right number, just called Peter, what a laugh, what a "barra boy", tried to blame everyone else, just like Gorden, Oh my Gord!!

[ronronron] 08/4/2009 11:08

Someone ought to get nicked here, but they been far too clever I fear.

[grandadoug] 08/4/2009 10:40

That's it then allllll
G
O
N
E ;o/

bye all

[philwill] 27/3/2009 07:59

4shorty...agree but what is it we can do

[4shorty] 26/3/2009 20:37

We can not prove anything what cox told me today was hot air, we are the people who have lost Peter has a company that will make money and for a pittance!!!! do you want his number. here is the number logged in my phone [phone]. call him, and by the way where are newsman and the crew are they sipping champagne with peter? why do we have to accept this robbery?
4S

[joeblogg1000] 26/3/2009 19:11

danacoed, I have been mugged again. If Cox has acted dishonestly and those you mentioned involved, I hope what goes around comes around!!

[rhiannon] 26/3/2009 11:51

Got to open a bl--dy lot of oysters to find a PEARL.wdik

[powwow] 26/3/2009 11:49

Rab, all.

I feel for you all. The bottom line is this. No matter what company you trade in, it makes no difference when you are told over the phone. Unless you are an investment company, meeting the company, asking to see accounts etc as a large shareholder, you generally know nothing. They are never able to tell you anything extra other than what is in the public domain. I have lost personally lots of money over the past 10 years through no stop losses, long term holds and basically thinking everything is ok, when its not. Some come good some don't.

Because of the above, I have learned a lot and have been able through experience to spot business activities that don;t always seem plausible to the average eye. That's why I alerted those concerned, I could see no reason for taking Credecard out of the company other than to protect the asset. Now that's fine as he can do what he likes really, but the writing was on the wall then and we now all the result.

Even though I have never held this stock, for me after years of dilution, years of trading, and years of seeing the stock fall/rise and fall again, I just could not see how its current operations were going to work any longer. You know what I mean, have a go, cut costs and try and make a profit for the business. It seems that was never possible, why I don't know.

So he's sold what he can, took out what he can and the rest will be wound down to sod all. IDD cards will be taken into his hands for a fee I'm sure to settle some of the debts.

Don't be surprised if one day you'll see a company in its new form, with now debt, with a business making money.

For sure Peter Cox is saying he's put this and that money in, yes Peter, so what, you own the effing thing you idiot. Who are you fooling. You've only done that to ensure you remain a creditor and can take the final assets into your hands.

As I say its pure business and one must understand, if it was us, we'd probably do the same, look after number 1.

[ted hankey] 26/3/2009 11:41

Snake,

Its AIM mate, unlucky.

[4shorty] 26/3/2009 11:32

i can tell you guys that we will not get a penny out of this, Peter rang me and explained the situation, basically nobody came up with a better offer, and if the plc did not delist the tax man would have gone after it, he also said he has put 600k working capitol into idd Ltd and has had to guarantee 2mil.
so it's bye bye money it's all gone.
4S

[snake516] 26/3/2009 09:44

Section 459 of the Companies Act 1985. The most relevant part of the provision states as follows:-

"A member of a company may apply to the court... for an order under this Part on the ground that the company's affairs are being or have been conducted in a manner which is unfairly prejudicial to the interests of its members generally or of some part of its members..." [emphasis added; a "member" is simply a shareholder]

Does anyone think we have a case - how can someone be allowed to run a company, fail to pay a debt, go into administration and magically buy back the same company at a significant loss to every shareholder?

[4shorty] 26/3/2009 08:36

just put a call in to IDD said peter was not there would not give me his mobile took my number and said would try to get peter to call me, Ha ha ha is that a pig I see flying past the window.
4S

[4shorty] 26/3/2009 08:30

well and truly shafted, charles if you believe we are going to get any thing out of this you are living in cloud cookoo land.
4S

[hyper al] 26/3/2009 07:54

Intco

"I reported this company to the FSA when it hit 12p as a "pump and dump", they have me on file and I intend to sue them for gross negligence as they confirmed that nothing was wrong."

Do you have a letter from the FSA saying that?

[philwill] 26/3/2009 07:51

with you there ronron