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Langbar International
r33skyline - Sat, 22 Oct 05 :
08:32 Time to share again. (Maybe) tiptornado 7
A few of you have already been sent this via email from myself.
I was planning on not posting on this bb, but it appears the idiots may have disapeared now, so I am happy to post (share) any information.
Below is a copy of a reply and the questions I asked.
PROPERTY AND RAF CONTINUEING.... HOW? IF THERE IS NO MONEY??... LOL.
INDEPENDENT VERIFICATION TO "ALLAY DOUBTS ONCE AND FOR ALL"
TELLS ME THAT EVERYTHING IS FINE AND DANDY.
-----Original Message-----
From: Michael Padley [mailtoichael.padley@bankside.com]
Sent: 20 October 2005 09:08
To: David
Subject: RE: Gents.
Dear Sir,
There is nothing to add but in answer to your questions:
Property and RAF are expected to proceed but I would suspect that there may be some delay caused by the suspension.
In the case of RAF that will be down to the independent RAF advisers and the Stock Exchange.
The institutions may or may not have done due diligence but if you are investing in 10% of the Company one would assume so.
We have not announced who is doing the verification but the idea is to allay doubts once and for all.
Regards
From: David
Sent: 20 October 2005 09:01
To: Michael Padley
Cc: stuart pearson
Subject: Gents.
WOW……
What a couple of weeks we have had so far….
Every single private Investor soiling their underwear.
Sensationalist Journalism, mostly spouting trash.
And LGB suspended…..
As you are well aware, I have a lot riding on this stock as well, but have read RNS statements to glean news, and received various mails from yourselves.
I was most annoyed/upset by the Yorkshire Posts comments about an apparent quote from Mr Pearson. Whereby he was reported as saying “I can not believe the money has been lost”.
I can see from Internet Bulletin Boards, that hundreds of people are bombarding you with requests for news.
So, I will keep this short.
When the results were announced it was mentioned in Press that LGB were hoping to complete/ be able to update market as to Property deals in November.
Is this still on track?
The RAF deal.
Is this still proceeding?
Institutions that bought in after presentations, I would have thought would have completed their own due diligence.
Is this correct.
Are you able to tell me who is performing the Independent Verification of Funds? (Hopefully it’s a Big Name).
Many Thanks.
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