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Earlier today fat Aussie share ramper Big Dave Lenigas was pleased to publish news of his latest Lenigas Cuba (CUBA) business venture with Rushmans.
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Comments
Topman
Seems you used the wrong Rushmans’ in your report. Pretty shoddy reporting. Sad.
Bob
Are you sure about your figures or just making some up to continue the vendetta?
TW. Yes and as ever you actually mean factually based reportingDuck and Dive
Looks like Barclays has first claim on that £100k — and any future JV profits…
Mr Rushman is another Monaco resident of course.
Tom Winnifrith
Leni Morons you are talking cock but feel free to FYB and lose thje lot. Rushmans details showing firm set up in 1993 are at
https://beta.companieshouse.gov.uk/company/02873208/filing-history
Find me another Rushmans with 25 years (give or take) experience run by Nigel R
now apologise to me poltroons
t
Drunken Sailor
Tom,
You should be more charitable. It must be very hard to believe that the company that has this glitzy website:
http://rushmans.com/
could possibly be the same company that files total exemption unaudited accounts each year.
Of course you are right and it is the same company. My favourite bit from the website is:
“I would once again like to thank you all for giving your time to Qatar and The Bid during the three day visit. Your input and feedback was invaluable, your criticisms constructive and justifiable and your conduct throughout the rehearsal first class…
…My biggest thank you is for the loud voice of support received from you all during the debrief session, as confident as we are this feedback is always welcome and confirms that we are what we express ourselves to be, hospitable, ambitious achievers.”
- Hassan Al-Thawadi CEO Qatar 2022 World Cup Bid Committee
We all know what sort of fraud went on there, but I doubt Rushmans were responsible for any brown envelopes as they have not got the cash to put in them. The website does ramp the Cuba JV, but I can find no other reference to any experience in Cuba on their glitzy website though Nigel does have another company with the same correspondence address called Cubavest:
https://beta.companieshouse.gov.uk/company/05025677/filing-history
which is completely dormant.
Thanks for don’t be a BBM, I got 3 separate e-mails with links to download – London bus syndrome. Perhaps if you do an update you should add a bit about not getting sucked in by glitzy websites – check the real situation out with Companies House. The other BBM trait that was missing is believing because some institution has taken part in a placing they must have done full DD and therefore everything must be alright.
Duck and Dive
Friday 29 April: More fun and games today as Dodgy Dave announces a (meaningless) letter of intent between ISDX failure, Leni Gas Cuba, and TSX shell/failure, Knowlton Capital, the proposal being that CUBA execute an all-paper reverse takeover of KWC.H.
The point of this nonsense appears to be that CUBA will thereby gain a listing on the TSX which Dodgy Dave claims to be much more interested in Cuba than ISDX has shown itself to be.
Notionally, this seems to value CUBA shares at 1.5p based on the stagnant/friendless 0.1CAD price of KWC.H; but that is clearly wishful thinking. CUBA shares haven’t reacted at all to this sketchy news of course with a total of zero trades today (as usual). Nor, indeed, has anyone bought a KWC.H share today (as usual).
And Knowlton Capital has form, having previously announced at least one other RTO LOI (with Mogul Ventures) which, despite having progressed to “binding agreement” stage by August 2014, seems to have been not at all binding since it didn’t happen…
http://www.newswire.ca/news-releases/knowlton-capital-inc-announces-proposed-reverse-takeover-for-mogul-ventures-inc-514358181.html
http://www.newswire.ca/news-releases/knowlton-capital-inc-signs-definitive-agreement-with-mogul-ventures-corp-515371361.html
So, there is every chance that this new LOI won’t be worth the paper it is written on either — which would doubtless be a great relief to CUBA’s long-suffering shareholders.