Ultimate Sports Share Discussion Threads

[clocktower] 28/6/2018 18:59

Whats good for the Goose --- if he has broken the rules that is, then why cannot everyone else that has an interest in the company?

[clocktower] 28/6/2018 18:58

So, the USG would have received 9k less expenses but they never announced the sale and they normally say the net amount received when an insider buys I thought, and issue a RNS.

I wonder if an insider purchased the SRC shares as well?

The accounts do however show a gain of £20,497.00 before fair value adjustments.

Is that not breaking the rules nico115?

[nico115] 28/6/2018 18:54

CTI will look into this and report my findings to the FCAAnother case where shareholders in USG suffer at the expense of Owen?He thinks he walks on water ..shame on him

[clocktower] 28/6/2018 18:42

I noticed the company had sold the shares they owned in AEO in the accounts and I remember AEO issuing a RNS about RO`s purchase in November 2017 - I am surprised he never disclosed the fact as far as I recall to USG holders, that he had purchased what I think was the same amount - was he not obliged to under AIM rules? If it was that would have been an insider deal would it not?




" Aeorema Communications plc, the AIM-traded live events agency, was informed on 15 November 2017 that on 14 November 2017, Richard Owen, Non-executive Director of the Company purchased 30,000 ordinary shares at a price of 30p per ordinary share. The shares were purchased from Reverse Takeover Investments Plc, a wholly owned subsidiary of Ultimate Sports Group Plc of which Richard Owen is a shareholder and Chairman. "

[clocktower] 28/6/2018 15:26

Lucky you did not put more into the pot imo.

[clocktower] 28/6/2018 15:25

I dare say they released the results at this time, as so many will be watching world cup football rather than another set of shocking results - surprised the MM have not marked them down already.

If this was a decent sized company it would be a one way win to go short imo.

[nico115] 28/6/2018 15:22

"Lucky"??I would say the moment I met RO was one of the "unluckiest" moments in my life

[clocktower] 28/6/2018 15:11

Well at least your "Friends" have taken a cut in drawings. The accounts just released look as bad as expected or worse?

Not much comment from RO about the future or how much cash is left in the pot today.

Are the shares even worth 3p now?

You got lucky imo nico115

[nico115] 28/6/2018 15:03

CTWhat's so upsetting is that RO called me a "friend " on the phone Who the hell would treat a "friend " like he treated me Insane noo?

[clocktower] 27/6/2018 12:21

Yes, but surely those options will be worthless unless a deal is done pretty soon, as the cash they raised is likely to be dissipating along with that of previous funding's.

If RO stitched you up as you say, do you not think that he is just a likely to stitch up the new investor that you say you introduced? If that is the case, then I guess Richard Bernstein will not be happy with either of you.

However, where does Geoffrey Simmonds sit in all this, as he is the CEO is he not, and does he not have a voice - or is he just a shadow and puppet for R Owen?

[nico115] 27/6/2018 12:08

CtWill speak to my school buddy again but am exploring other avenues as often the FCA don't commit although they seem to be of the opinion the lock in is invalid

[clocktower] 27/6/2018 10:33

The results must be due or will this be a Friday afternoon just before close job?

How poor will these be, and will they be able to support the crazy share price that has valued this tin pot outfit so highly?

[nico115] 27/6/2018 06:49

" Don't lie to people that trust you, and don't trust people that lie to you "

[nico115] 26/6/2018 13:08

It's a small world CTI went to school with a USG BOD son ..he's a very nice rational guy Even he said I have been absolutely shafted!! Not one person I've spoken to has disagreed with me They all say it's an absolute disgrace No wonder many funds won't invest on Aim..they just won't tolerate this kind of behaviour from company directors ...Line their pockets with options and ltip while shafting their private investors

[nico115] 26/6/2018 11:56

Totally agree CTBut what kind of person shafts the one guy who not only saves the company once..but twice!!If someone did me a good turn I would do all I could to make sure he was happy and try reciprocate the favour Some people are massive takers in life and are happy to shaft the people who least deserve it I never dreamt RO would shaft me and p#SS all over me Shame on him ..

[clocktower] 26/6/2018 09:45

The FCA knows what goes on and has done for a long time but as is par for the course for them, they fail to act in a decisive manner much in the same way as the Courts uphold and are party to acts of corruption in civil cases against Governments Tax authorities, and many even support criminal acts carried out by the Police by overlooking perjury and giving false evidence committed by officials to get the result the Police require, so as to keep their powers and system of control in place.

If you accept that without millions of people putting pressure on the system, nothing changes, then you do not end up knocking your head against the wall in frustration.

How many complaints about the likes of Owen do you think it would take for the FCA to act?

You bring legal proceedings against them at your peril, or they dare not against you because if they do their lies and practices become public and they risk very damaging risk of encountering huge costs and damaged - as you will be aware, once the lawyers get there fingers in the pie they will drain all parties as they work to prolong their fee earning days.

[nico115] 25/6/2018 11:32

Clock tower Page 16 in weekend FT Anyone following the Stobart situation will realise that my case vs Owen strengthens by the day Even the FCA realise what's gone on here..Aim directors aren't allowed to lie about the details of a fund raise and that IS what went on here with the last fundraise which I was blatantly left out of Shame on you Owens..how can you look at yourself in a mirror?

[nico115] 24/6/2018 20:06

Edit:Not invest

[nico115] 24/6/2018 18:45

Clock tower I've spoken to many people about the way Owen has treated me here Every single one of them say it's an absolute disgrace for a major shareholder to be lied to They remind me its this kind of behaviour that gives Aim a bad name and why most private investors will invest in AIM stocks.USG never made any profit in 10 years while Owens was CEOWithout my intro we would probably be bust so instead of lying to me he should've said "thanks very much Nico for saving my investment here,I'm so so grateful"I will never invest again in a company where Owens is a director

[nico115] 19/6/2018 16:13

Does anyone here know who the best person to contact at Sharesoc is explain exactly what has gone on here ?TIANico

[nico115] 18/6/2018 12:37

CTProblem is that the CEO can give the full allocation of a placing(in this case the 100k left over)to a major shareholder who is his best mate and shaft all other shareholdersThis is called preferential treatment and should be illegal Shame on ROHe fully knows that he has shafted the other major shareholders One has to ask why??!!