Quinnovation Group

3521 days ago

Quindell, the RAC, those red flag infested interims and a missing £15 million

Hat tip to poster Dalesider here on ShareProphets.com for alerting us to the fact that the Quindell (QPP) interims throw up another red flag and it concerns the much hyped deal with the RAC. Quindell says it is being restructured, I worry about the missing £15 million and wonder if the deal is in tatters as a result of Quindell’s cash crisis.

We start back in April when the Quinnovation Group (my little joke, I meant Quindell but for an explanation go HERE) announced that it was hooking up with the RAC to go into telematics.  The strict financials was that a new company was being set up – Connected Car Solutions. I quote from that release:

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3527 days ago

It’s My Wedding Anniversary so an almost day off

A year ago today at a house owned by the family of the great Hellenophile Lord Byron the woman formerly known as The Deluded Lefty became The Mrs. Right now she is outside tapping away at a paper for her sociology work on why capitalism causes cancer, global warming and is a construct for patriarchal hegemony for white men. Okay I think I might have got the subject a bit wrong but I am probably not far off.

I’m off to chop down some more frigana at The Greek Hovel where we are staying and then it’s switch off time. Unless there is a Quinnovation Group emergency this is a day off. Thank you to the Mrs for 365 wonderful days, it is time to down tools.

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