2286 days ago
Julie Meyer of Ariadne (not Ariadne Capital as it is in administration) but the Group, whatever that is, has hired a "disaster containment" PR firm which is calling reporters today to "set the record straight.". I have had my call.
3742 days ago
Guest authors Han Solo & Luke Skywalker write: Jim Mellon’s Rivington Street Holdings (RIVP) today finally called in the administrator for the PLC but its statement ‘fessing up to this was er, somewhat incomplete.
Jim Mellon and his fellow directors admitted that he had bought the events business Ex-Events and t1ps.com from banrupt Rivington for
"a total consideration of £170,000, including the settlement of historic creditors, following an extensive marketing process in which Galloway Limited's offer was considerably in excess of all other tenders"
Extensive marketing? Really?
3781 days ago
By guest writers Han Solo & Luke Skywalker
We rather sensed that this was coming…the disturbance in the Force was clear. While Rivington Street fails to inform its shareholders officially of the progress of the pre-Christmas sale of its assets at knockdown prices, others are being told.
CEO Mark Roberston announced that he had bought the flagship BlueCurve operation ( for a song) on LinkedIn having neglected to tell the administrator – as he had as a director been charged with doing – of a potential trade buyer known to him which could just have realised a far greater sum for Rivington.
The market research operation Viewpoint (profitable according to the Rivington website) has been sold for less than £20,000 to a competitor and we understand that PR firm Bishopsgate (profitable according to the Rivington website) has been sold to its management for the sum of a box of mince pies. No we made that up. It is less. Try £1. Merry Christmases all round.
Yesterday t1ps finally admitted
3785 days ago
By guest writers Han Solo & Luke Skywalker: Are you a customer of t1ps.com Ltd? Have you considered attending its dismal Master Investor show? No? Well, with less than two dozen stands we can’t blame you either. But as the company advertises for your custom has it pointed out one little matter? It went into administration last Tuesday and its sole director has quit. What, it did not tell you that?