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TOPIC: The People's Voice

The People's Voice 19 Jan 2014 11:35 #2121

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SilvaRizla wrote:
Gilly wrote:
You do not have to be a director in a limited company to be a share holder.

In a private Ltd company, to become a shareholder you either have to be a director, or, the director has to sell you a share. In a PLC, you can just buy shares, the director has no say in who buys them. IE: You can't get a share in TPV unless Sean specifically decides to sell you one.

No, you cant get a share unless DI and Sean agree, as they currently are the existing shareholders
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The People's Voice 19 Jan 2014 11:36 #2122

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feather wrote:
Icke didn't really lie Gilly, it's all a matter of what was said when.

Tpvboard Zpsd4b54dd3


Icke was a shareholder, then he wasn't, which will have left Sean as current sole shareholder/director.

Does it say Icke has given up his share and Daisy has two shares now?
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The People's Voice 19 Jan 2014 11:37 #2123

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Hrafn wrote:
SilvaRizla wrote:
diforumreject wrote:
nominal or not, they are the only shares in existence, which means the company is owned 100% by DI and Sean

I believe DI won't have a share no he is no longer director.

So you think he has handed the keys of the Porche over to Sean?...No way..

It makes little difference, Sean can sell him shares whenever or icke can put in bills from one of his other companies to suck money out of TPV.
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The People's Voice 19 Jan 2014 11:38 #2124

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diforumreject wrote:
they are not fake shares, I have ran several companies which I owned by way of "nominal" £1 shares and can assure you all the profits ended up in my back pocket!!!!! If you dont go public, £1 nominal shares work just fine to own a company.

its not owned by Sean, its owned by Sean and David 50/50

DI no longer being a director has nothing to do with the shares, there has been no re-allocation of shares recorded at companies house

Troofstick...
Icke aint gonna give it up to Daisy and Daisy hasnt got two shares..
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The People's Voice 19 Jan 2014 11:40 #2125

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SilvaRizla wrote:
Well, if you know that they were both directors and will both have a nominal share, what are you trying to do?
We've known since the outset it was a Ltd company.

That's my query too silva.
The 10,000 or so contributors at the moment are donators, not shareholders and that has been clear from the word go.
They could never expect a financial return.

If Sean and Icke pulled off a massively successful TV station with plenty leftover to cream off in profit for themselves, well they may be accused of misleading the donators with the not-for-profit angle but they will have done exactly what every private company aspires to.
Last Edit: 19 Jan 2014 11:43 by feather.
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The People's Voice 19 Jan 2014 11:40 #2126

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The relevance of holder stqtus to me is it shows who gets to keep the assets when the company is closed.
No wonder they wanted all that high end gear rather than a webcam or three eh.
"laws are unenforceable if the majority break them."-humanspirit,
"avoid the concept of an ambassador for truth altogether"-gilly.
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The People's Voice 19 Jan 2014 11:41 #2127

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SilvaRizla wrote:
diforumreject wrote:
they are not fake shares, I have ran several companies which I owned by way of "nominal" £1 shares and can assure you all the profits ended up in my back pocket!!!!! If you dont go public, £1 nominal shares work just fine to own a company.

its not owned by Sean, its owned by Sean and David 50/50

DI no longer being a director has nothing to do with the shares, there has been no re-allocation of shares recorded at companies house

Well, if you know that they were both directors and will both have a nominal share, what are you trying to do?

We've known since the outset it was a Ltd company.

I was trying to establish the company shareholders/ownership, which I have done, its Sean and DI 50/50. Until I got the report this was not known for sure, now it is. Whether Sean and Di are directors or not is irrelevant, they own the company so can appoint directors as they wish.
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The People's Voice 19 Jan 2014 11:41 #2128

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Gilly wrote:
I'm not a director of my husband's company, or even an employee - I have no link with the company whatsoever, but am a registered share holder, purely so that I can get dividends.

And thats how it works one who has the most has controlling majority..
Ickes got controlling Maj over Sean via his 'Name only' it seems..
Last Edit: 19 Jan 2014 11:41 by Hrafn. Reason: typo
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The People's Voice 19 Jan 2014 11:41 #2129

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Hrafn wrote:
feather wrote:
Icke didn't really lie Gilly, it's all a matter of what was said when.

Tpvboard Zpsd4b54dd3


Icke was a shareholder, then he wasn't, which will have left Sean as current sole shareholder/director.

Does it say Icke has given up his share and Daisy has two shares now?

The transfer of shares need not be declared until the books are submitted end of year.
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The People's Voice 19 Jan 2014 11:45 #2130

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diforumreject wrote:
SilvaRizla wrote:
diforumreject wrote:
they are not fake shares, I have ran several companies which I owned by way of "nominal" £1 shares and can assure you all the profits ended up in my back pocket!!!!! If you dont go public, £1 nominal shares work just fine to own a company.

its not owned by Sean, its owned by Sean and David 50/50

DI no longer being a director has nothing to do with the shares, there has been no re-allocation of shares recorded at companies house


Well, if you know that they were both directors and will both have a nominal share, what are you trying to do?

We've known since the outset it was a Ltd company.

I was trying to establish the company shareholders/ownership, which I have done, its Sean and DI 50/50. Until I got the report this was not known for sure, now it is. Whether Sean and Di are directors or not is irrelevant, they own the company so can appoint directors as they wish.

Reallocation of shares doesn't need to be disclosed until year end. Fact is, we have no idea who owns TPV now. We know Icke and Adl had a share each when it was formed in May, and thats it.

-E2a We also know its a Private Ltd company, meaning you can't just purchase shares and turnup at the nonexistent shareholder's meeting, and we know that we're never going to see a detailed financial breakdown because thy have no legal requirement to file one.
Last Edit: 19 Jan 2014 11:46 by SilvaRizla.
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The People's Voice 19 Jan 2014 11:47 #2131

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Shares can be transferred at any time, but it's irrelevent, because there does not have to be any transfer of shares.
Warning: Spoiler! [ Click to expand ]
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The People's Voice 19 Jan 2014 11:49 #2132

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Gilly wrote:
Shares can be transferred at any time, but it's irrelevent, because there does not have to be any transfer of shares.

Nor any disclosure of any transfers until next year.
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The People's Voice 19 Jan 2014 11:52 #2133

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Just for clarity, you don't have to surrender any shares on giving up directorship - that's what I was getting at.
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The People's Voice 19 Jan 2014 11:52 #2134

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SilvaRizla wrote:
diforumreject wrote:
SilvaRizla wrote:
diforumreject wrote:
they are not fake shares, I have ran several companies which I owned by way of "nominal" £1 shares and can assure you all the profits ended up in my back pocket!!!!! If you dont go public, £1 nominal shares work just fine to own a company.

its not owned by Sean, its owned by Sean and David 50/50

DI no longer being a director has nothing to do with the shares, there has been no re-allocation of shares recorded at companies house


Well, if you know that they were both directors and will both have a nominal share, what are you trying to do?

We've known since the outset it was a Ltd company.

I was trying to establish the company shareholders/ownership, which I have done, its Sean and DI 50/50. Until I got the report this was not known for sure, now it is. Whether Sean and Di are directors or not is irrelevant, they own the company so can appoint directors as they wish.

Reallocation of shares doesn't need to be disclosed until year end. Fact is, we have no idea who owns TPV now. We know Icke and Adl had a share each when it was formed in May, and thats it.

-E2a We also know its a Private Ltd company, meaning you can't just purchase shares and turnup at the nonexistent shareholder's meeting, and we know that we're never going to see a detailed financial breakdown because thy have no legal requirement to file one.

that's true, it is possible the shares have been transferred since then, but we wont know either way, we certainly cannot say that Icke is no longer a shareholder just because he is no longer a director. What is interesting is the way the company was set up with Sean and Di being shareholders but the people who actually supplied the capital having no status whatsoever.

In addition, now that DI has resigned as Director, if the shit hits the fan and the company goes under its all on Sean:-)
Last Edit: 19 Jan 2014 11:54 by diforumreject.
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The People's Voice 19 Jan 2014 11:52 #2135

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Does anyone know how many shares the Ltd co has....is it 2 (most likely)

It is a not for profit Ltd co. so could be limited by guarantee with no shares in existence




[whispers err why has my old avator come up? Do I need to change the picture on both laptaps? The one in livingroom has changed but the one in the bedroom has xma gizmo :conf: ]
Last Edit: 19 Jan 2014 11:55 by dawnbreak.
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The People's Voice 19 Jan 2014 11:56 #2136

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That's what we're debating, Dawn. You'll have to read the last page or 2.
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The People's Voice 19 Jan 2014 11:56 #2137

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dawnbreak wrote:
Does anyone know how many shares the Ltd co has....is it 2 (most likely)

It is a not for profit Ltd co. so could be limited by guarantee with no shares in existence
private limited by shares company with two shares, 1 for Sean, 1 for DI, see my links in previous post. Tried to insert them as images but didnt work
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The People's Voice 19 Jan 2014 11:58 #2138

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diforumreject wrote:
SilvaRizla wrote:
diforumreject wrote:
SilvaRizla wrote:
diforumreject wrote:
they are not fake shares, I have ran several companies which I owned by way of "nominal" £1 shares and can assure you all the profits ended up in my back pocket!!!!! If you dont go public, £1 nominal shares work just fine to own a company.

its not owned by Sean, its owned by Sean and David 50/50

DI no longer being a director has nothing to do with the shares, there has been no re-allocation of shares recorded at companies house


Well, if you know that they were both directors and will both have a nominal share, what are you trying to do?

We've known since the outset it was a Ltd company.

I was trying to establish the company shareholders/ownership, which I have done, its Sean and DI 50/50. Until I got the report this was not known for sure, now it is. Whether Sean and Di are directors or not is irrelevant, they own the company so can appoint directors as they wish.

Reallocation of shares doesn't need to be disclosed until year end. Fact is, we have no idea who owns TPV now. We know Icke and Adl had a share each when it was formed in May, and thats it.

-E2a We also know its a Private Ltd company, meaning you can't just purchase shares and turnup at the nonexistent shareholder's meeting, and we know that we're never going to see a detailed financial breakdown because thy have no legal requirement to file one.

that's true, it is possible the shares have been transferred since then, but we wont know either way, we certainly cannot say that Icke is no longer a shareholder just because he is no longer a director. What is interesting is the way the company was set up with Sean and Di being shareholders but the people who actually supplied the capital having no status whatsoever.

In addition, now that DI has resigned as Director, if the shit hits the fan and the company goes under its all on Sean:-)

It won't be on Sean, A ltd companies debt dies with the company, they don't get transferred to directors. There is no accountability, just a load of free money and many ways to cream off the top.

To the person who keeps talking about the porsche: Did you not read my post that stated DI owns no shares in any of his companies? DI Books is owned by Linda and Gareth. DI doesn't need shares.
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The People's Voice 19 Jan 2014 11:59 #2139

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dawnbreak wrote:
[whispers err why has my old avator come up? Do I need to change the picture on both laptaps? The one in livingroom has changed but the one in the bedroom has xma gizmo :conf: ]

I did not smile at this, oh no I didn't!
Well ok maybe a little :D

Nope you don't need to change both laptops. the other laptop just has your xmas gizmo still cached.
You'll be fine.
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The People's Voice 19 Jan 2014 12:01 #2140

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diforumreject wrote:
dawnbreak wrote:
Does anyone know how many shares the Ltd co has....is it 2 (most likely)

It is a not for profit Ltd co. so could be limited by guarantee with no shares in existence
private limited by shares company with two shares, 1 for Sean, 1 for DI, see my links in previous post. Tried to insert them as images but didnt work
Do I have your permission to convert those to images for you?
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