Pnc Telecom (see LSE:TRIC) Share Discussion Threads

[inside2] 12/8/2009 08:47

LOL everone knows JakNife is a JakAss

[joosepi] 12/8/2009 07:14

are you jackys girlfriend

[miyk] 11/8/2009 12:50

i believe we are expecting a rebate & council metting on the 25th. lets hope we have progress.

[miyk] 11/8/2009 12:50

i believe we are expecting a rebate & council metting on the 25th. lets hope we have progress.

[inside2] 06/8/2009 09:13

Everyone knows that JakNife is just a JakAss

[albycat2] 05/8/2009 16:19

difficult to imagine how much longer millions of shares being traded every day can not result in somebody achieving a notifiable stake !

[tez123] 05/8/2009 15:55

come on ptc show us the money

[inside2] 31/7/2009 13:01

Says it all really! Nobody has bothered to ask you.

[dusseldorf] 31/7/2009 12:56

very good, but this pile of poo probably had a seat on the carousel....

why anyone would buy this is beyond me...advisors have stated as has the company that 0.03p/share is a fair price. If you ask me (not that anyone has) the company should be put into administration and no longer trading.

[inside2] 31/7/2009 09:18

MP attacks HM Revenue & Customs (HMRC)

for illegally withholding company funds

Last week, in parliament Mr Heath MP stood up and accused HMRC of destroying the mobile phone and computer component industry in the UK over the last 3 years in a broad-brush campaign to stamp out Carosel Fraud, a crime in which goods are moved between jurisdictions that are VAT-free enabling a fraudster to charge VAT on the sale of goods, and then abscond without paying the VAT to the government's collection agency.

Since early 2006 HMRC has adopted what is described as an extended verification process, for every trader involved in the industry which means that it has effectively stopped paying VAT input tax refunds to thousand of firms, which amounts to hundreds of millions of pounds. This is causing severe financial hardship to many thousands of firms across the UK in the middle of a recession.

In Parliament last week, Mr Heath MP said:-
"Since early 2006, HMRC has adopted what is described as an extended verification process for every trader involved in the industry, which means that it has effectively ceased paying VAT input tax refunds. A substantial amount of money is being withheld and we are now in the third year of withholding it. This has been done by a deliberately extended process, in my view. First, there is a delay in responding to requests for refunds. At the very point at which that matter reaches judicial review - sometimes only a matter of hours beforehand – there is a denial, which results in a further delay before a tribunal can consider the matter. That is followed by a HMRC appeal. That is a deliberate policy to withhold funds that are legally in the ownership of the companies without judicial process.

I suspect that what is happening is a substitution of a criminal legal process by a civil legal process that is entirely within the hands of HMRC, and I do not believe that the House has ever sanctioned such a process. Extra-judicial action by HMRC in the absence of any evidence is not something that we would normally countenance. If we were to do so, we would certainly place limits on the sanctions that could be applied – just as we place limits on the sanctions to be applied in criminal cases – rather than simply giving HMRC a free hand.

What we have here is an arbitrary exercise of power by the HMRC without any due process. It is an exercise of guilt by association that is foreign to British law in any respect, either historically or currently. It involves the substitution of the opinion of HMRC for a judgement, and the testing of that judgement by probative means, in court. I have to say that HMRC opinion is not unquestionable and it is not by definition correct. If it were, these companies that are so strongly suspected of being involved in VAT fraud would not have been given VAT registration in the first place."

Recent High Court rulings have slammed HMRC's behaviour as a stalling tactic and follows on from a series of recent high-profile legal defeats for HMRC in favour of small traders.
A small trader commented:-

It was Gordon Brown who authorised the extended verification process, for which the legal basis is highly questionable. It is a disgrace and committed against ordinary working people and is a desperate measure to support the Treasury budgetary deficit"

[inside2] 31/7/2009 09:09

LOL I keep telling you JakNife is a JakAss.

[joosepi] 30/7/2009 17:21

you back again? Just out of the bank are we with another traunch of cash to buy up the stock you hope to get cheap after you have pounded it again, nice plan! that should get you in control, then you can get in there and pay all those rotters that bullied you, humilated you, sacked you, sold you a duff phone, atta boy jacky, make em pay, you will feel so much better for it.

[inside2] 30/7/2009 17:15

JakNife is a JakAss, I keep telling you.

[tez123] 30/7/2009 13:41

got to disagree with u on that 1 jaknife.

something very positive is afoot IMHO

[tez123] 30/7/2009 13:06

somethings defo brewing behind the scenes

[inside2] 30/7/2009 09:49

I told you JakNife is just a JakAss. Give us some more JakAss. I could do with a good laugh. The prunhead once posted on this BB that he was an adviser to FT100 companies. How does the prunhead find the time for all his BB postings?

[devilt] 29/7/2009 21:50

JakNife, what you say maybe true, but surely whoever bought £35,000 in one hit today certainly knows what they are doing.

Rather than keep posting the same information again and again on various boards why not just keep quite, then in a few months time if what you say is true you can basically say told you so to everyone. At the moment it is pointless as nobody is listening while this share stays busy with high volume.