compo 6,106 Posted February 5, 2015 Share Posted February 5, 2015 (edited) you have to hand it to the fat man he is out thinking king and the rest as much as I dislike him I have to hand it to him he is one of the best at getting what he wants. I also will be surprised if any E G M goes ahead but I hope king has an ace up his sleeve . Edited February 5, 2015 by compo 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted February 5, 2015 Share Posted February 5, 2015 you have to hand it to the fat man he is out thinking king and the rest as much as I dislike him I have to hand it to him he is one of the best at getting what he wants. I also will be surprised if any E G M goes ahead but I hope king has an ace up his sleeve . very strange conclusion to draw. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,050 Posted February 5, 2015 Share Posted February 5, 2015 From Shareprophets: Did Rangers break AIM Rules again – the tale of the disappearing press release. By Tom Winnifrith | Thursday 5 February 2015 Companies on AIM are meant to post price sensitive information via the Stock Exchange and under Rule 22 they also have a duty to ensure that it is accurate. But Rangers FC (RFC) is advised by China fraud specialist Mr Paul Shackleton of WH Ireland and so yesterday it posted such (mis) information on its own website only. It then withdrew even that release but luckily I have a screen grab for you below. The statement is – as it happens – utter cobblers, contradicts itself and implies that two prior statements made via RNS were …er…untrue. The key paragraphs read: "As a result of this repayment all rights of MASH to nominate two persons for potential appointment to the board.. have now lapsed" and Further to the Company's announcement on 27 October 2014, the Company would like to clarify the position in relation to any rights of MASH to appoint directors of RFC as referred to in that announcement. The correct position is that MASH never had the right to directly appoint directors of RFC. Ends. Hang on. If MASH had rights which have now lapsed then they must have existed at some stage. So parageraph 1 contradicts paragraph 2. On 27 October in an RNS the company stated: “the Company has invited MASH to put forward the names of 2 nominees of its choice for appointment to the Board” And on November 3rd it stated via RNS The Board of Rangers announces that it has appointed Derek Llambias as a non-executive director. He was nominated as a director of its choice by MASH Holdings Limited pursuant to its agreement to withdraw its requisition for a General Meeting, as set out in the announcement dated 27 October 2014. Er…. So MASH – the Mike Ashley vehicle – which owns 10% of Tangers whose board is now dominated by Ashley minions, “never had a right” – 4 Feb – to appoint directors but merely – after lending £2 million and withdrawing an EGM request was merely invited to put forward 2 names ( 27 Oct & 3rd Nov) which it duly did. Unlessof course it did have a right as per the first but not second paragraph of yesterday's statement. Is this a breach of AIM Rule 22 which states “The AIM company must use all due skill and care to ensure that information provided to the Exchange pursuant to this rule is correct, complete and not misleading. If it comes to the subsequent attention of the AIM company that information provided does not meet this requirement, the AIM company should advise the Exchange as soon as practicable.” Why was the release put up on the Rangers website & then withdrawn not issued via RNS? Does Rangers and the China fraud specialist Mr Shackleton now regard the RNS of 27 Oct as misleading? Is it thinking it should clarify? This is the comedy that keeps on giving. I do not think Dave King is an idea man to run a football club but surely anything has to be better for Rangers than the MASH and grab team? PS Mr Shackleton I have a ghastly revelation about your antics with a China fraud ready for tomorrow. Sleep tight and dont let the bed bugs bite http://www.shareprophets.com/views/10449/did-rangers-break-aim-rules-again-the-tale-of-the-disappearing-press-release 0 Quote Link to post Share on other sites More sharing options...
SteveC 150 Posted February 5, 2015 Share Posted February 5, 2015 very strange conclusion to draw. If you mean the line about being surprised if an EGM goes ahead then - though I am not drawing conclusions from the same source - it is something I fear too. When King, not for the first time, talked about examining contracts signed and going after any signs of corrupt deals My immediate thought was - 'that's it, they'll now be even more determined to keep him out.' 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted February 5, 2015 Share Posted February 5, 2015 If you mean the line about being surprised if an EGM goes ahead then - though I am not drawing conclusions from the same source - it is something I fear too. When King, not for the first time, talked about examining contracts signed and going after any signs of corrupt deals My immediate thought was - 'that's it, they'll now be even more determined to keep him out.' i mean the notion ashley is out thinking king. 0 Quote Link to post Share on other sites More sharing options...
SteveC 150 Posted February 5, 2015 Share Posted February 5, 2015 (edited) i mean the notion ashley is out thinking king. I see. Well, I am not certain that he isn't - none of us can be until it is all settled. Out-thinking is not so hard when your feet are in the door already and your contracts and stooges in place. Oh and having absolutely no morals or conscience..... Perhaps "out-thinking" is the wrong phrase - Ashley doesn't think, he corrupts and crushes Edited February 5, 2015 by SteveC 0 Quote Link to post Share on other sites More sharing options...
compo 6,106 Posted February 6, 2015 Share Posted February 6, 2015 the fat man always seems to be one step ahead because he is the one pulling the strings of the easdales 0 Quote Link to post Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.