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Who do I, as a West Ham diehard, support if our arch rivals Millwall play our other arch rivals the dirtbags at Spurs? It is a really hard call. I’d want both to lose. I am not quite at that point when it comes to the boardroom battle at wretched Zak Mir’s Lift Global Ventures (LFT). I think everyone knows that I am no fan of Mir or his proposed chairman Howard White of Hydrogen Utopia (HUI) infamy or of Zak’s ghastly sister from Shares Magazine who sent me such a horrible letter. But on the other hand …
Disgraced Dave Richards of the fraud Wandisco infamy and Mark Horrocks of Dev Clever infamy plus the Trans African compromised Sandy Barblett really are scumbags of the highest order. And so, I do not mind it being known that I have provided some assistance to team White who I am actually almost warming too although I would not touch Hydrogen with a bargepole
Team White and Mir have now issued an RNS Reach calling on shareholders to back them at an EGM on February 10 to sack the scumbags and bring on board White and Lord Monson. They argue that change is needed because of:
"*the handling of the TAE Ghana loan, which they ( rightly in my view) consider to be in default and to require forensic investigation and recovery efforts;
*the Board’s AI investment strategy, which has deficiencies;
*the Board’s presentation of the adjournment of the 12 December AGM (after seven of nine resolutions were rejected on proxy votes) and its subsequent decision to hold the adjourned AGM before the EGM on the same day, which SAG considers improper; and
*the conduct and past company associations of the three above-named directors; SAG questions whether they are acting in the best interests of Lift shareholders as a whole."
Now I reckon that team scumbag speaks for c28% and team White & Mir speaks for 20% but I am pretty sure that blaming at least one member of team scumbag for the Trans Africa disaster and cover-up and the appalling record of Richards at Wandisco should allow Mir to talk around a majority of neutrals, most of whome he persuaded to back the original IPO at 3p. More fool them. If only threre’d been a Good chartist to warn them of what a duff investment that was.
Such is my Good nature and spirit of Christian charity that I have even suggested to White a strategy for sorting out the regulatory clusterfuck inherent in the Lift stock promotion business while taking the business forward with a sensible acquistion. Sometimes I amaze even myself by how I can forgive the smears and attacks from family Mir against my Good self and act with such grace and charity. Or maybe iti s just that team scumbag are even bigger scumbags than Mir.
Either way if you are foolish enough to be a shareholder you can contact Howard White on Howwhite@Hotmail.com to pledge your support and arrange for him to cast your proxy votes at the EGM and I urge you to do just that.
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