Scipher starts the long road back to recovery

i am truely gutted.. the management have fuc*** us up bigtime, i cant believe that directors can get away with this, remember that 20mln at half of the bid just before admins were called in? surely FSA should look into that.

"Wavelength Solutions Limited was sold to the management on 7 October 2004 with "no prospect of funds being available to the company"."

i didnt understand that part if someone can explain. how much was wavelength sold at.. thanks in advance

this really stinks, we were all kept in the dark about everything, just look at the newsflow, no mention about these exceeding debts. how the hell did they make a loss of £20mln, there turnover was probably less than that!!!!!!!!! the more i think about it the more my blood boils.. what about the big shareholders, what are they doing about this..

so where do we go on from here, can we do anything? i.e. action group etc will it make a difference, i really would like to know the address of that fuc**in CEO and all the clowns..