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cootuk - Sun, 18 Dec 05 :

There are really two issues.

First the Argentinian contracts.
Arad may say the PN was never paid, whilst CCO issue RNSs stating it has.
Someone is lying.
If Arad is lying then where's the money?
If CCO are lying then the directors at the time should be prosecuted.

"The Directors of Crown are pleased to announce that Lambert has met its
obligations to Crown and the proceeds of the promissory note have been deposited with Banco do Brasil at an interest rate of 7.5% per annum for a term maturing on December 13, 2009."



Second is LFIs subscription for shares, with a CD that should have matured.
Did it? Who issued new CDs to Crown Pharma?
If LFI never paid, then they owe LGB about 200m+ Euro - or a forfeiture of the money they made from share sales.


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