ACH

3000 days ago

Slater & Gordon, Helen Cutler Tribunal is this what the Aussies want to hide at ACH?

I have noted before that Aussie poltroons Slater & Gordon (SGH) are closing down the ACH unit bought from Quindell (QPP) with a book value of £30 million and have admitted that the reason is in part to avoid bad publicity. So is this what they are trying to hide? Perhaps it is this...

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3034 days ago

Slater & Gordon trying to bury the Quindell fraud at ACH - admits to reputational risk in internal email

You thought that Aussie poltroons Slater & Gordon (SGH) - target price ZERO - were trying to be clean and transparent when it comes to the crap they bought from Quindell (QPP). Think again. We have obtained internal emails which show that the reverse is true.

The emails come from Adam Baker, head of HR in the UK who is charged with closing down the ACH Unit and firing 75 staff. You will remeber that Quindell bought the ACH unit from convicted Nigerian fraudster Andrew O'Dua in a deal which saw ex CEO Rob Fielding take an undeclared £2 million bung (details HERE).

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3042 days ago

Tom Winnifrith Bearcast 29 December: Flip Flop Ben Turney, ZincOx, 88E shareholders you are all in frigging denial

I delay breakfast at Tom's Diner in Brooklyn for you dear listeners. I explain the sacrifice I am making.  Then the theme is one of denial as I examine Zincox (ZOX), Sefton Resources (SER) & flip flop Ben Turney and finally 88 Energy (88E). I move onto how one reacts to fair questions and the scumbags at China New Energy (CNEL) and Afriag (AFRI). I look at Asian Citrus (ACH), InternetQ (INTQ) and Mosman (MSMN) - both zeros and eServGlobal (ESG) which is also heading for 0p. There is a final swipe at Rare Earth Minerals (REM) and Jabba The Hutt, Mr David Lenigas.

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3340 days ago

Breaking:Quindell Cash Crisis – now the ACH Subsidiary faces a winding up order because of unpaid bills

Folks dismissed the County Court Judgement against Quindell revealed HERE at the weekend as a one off but now I alert you to the fact that its ACH Subsidiary (for which it paid £31 million as part of the fraudulent RTA deal) faces a winding up order because it has not paid its bills.

The notice was published in the London Gazette today 

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3428 days ago

Why did Quindell buy a business from a convicted Nigerian Fraudster for £30 million Part 2

On Friday I speculated that Quindell might have spent £30 million buying a business (ACH) off a gentleman who might have been a convicted Nigerian Fraudster HERE. I think we can now say that the Gentleman in question WAS ALMOST CERTAINLY the convicted fraudster.  Give that ACH (now known as Quindell ACH) is regulated by the Ministry of Justice do you perhaps think Quenron might wish to clarify the matter?

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