938 days ago
You may remember that Rivington Street had the chance to dramaticaly improve its finances by selling the t1ps businesses, including Master Investor, to Nigel Wray for half a million quid back in 2012. A deal was signed and agreed and then poor Jim Mellon was persuaded that this busines,s which had always been profitable with me in charge, would be so much more profitable if left in the hands of Richard “Gollum” Gill and a clown called Mark Robertson rather than useless old TW. Sadly for Jim he believed Gollum et al. It started losing cash at once and that dragged Rivinton over the edge. Nine years later we have the latest accounts for what is now the Master Investor Group which is wholly owned by Jim. Ouch.
3786 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
