Src. Its in the report and accounts which are in a news announcement on 13 July on the Langbar website.
The thing is the subscription CD has not only spawned the original LFI holding of some 43m shares but a further 71m shares when it was repurchased by Crown Corp around the time SP joined. Thats 114m of the 173m in issue.
Esrimeur says well tough theres no way LFI's 43m shares could be cancelled even if the CD was fake as Crown accepted the CD in consideration of the share issue. Maybe that is correct, I dont know, but as recently as June 2005 Crown repurchased a CD (derived from the subscription CD) from Crown Pharma for 71m shares.
I assume SP must have seen the agreement to repurchase the CD (maybe he signed it) as he was appointed the next day and it must have (surely) contained warranties. I'm assuming this was another agreement Crown's erstwhile professional advisors had input to.
Fake CD -----> cancel the 71m shares. We (LGB) must have protection in the professionally drafted agreement!!!
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