VERTU CAPITAL ( VCBC ) posts its financial results as well ... 273K LOSS and AGM is announced.

VERTU CAPITAL ( VCBC ) releases its financial results and makes a staggering 273k LOSS.

Link to financial results - here 

"LONDON (Alliance News) - Vertu Capital Ltd, formed to acquire a target company or business in the financial services sector, on Friday said it made a net loss of GBP272,001 from its incorporation in September 2014 to December 31, 2015.

On April 19, the company announced that it had entered into a non-binding letter of intent to acquire VCB Malaysia Berhad, a company incorporated in Malaysia, for GBP350,000 in cash.

The proposed acquisition is conditional on due diligence, shareholder approvals, execution of the transaction and subsequent re-admission of Vertu's shares to trading on the Main Market of the London Stock Exchange.

Shares in Vertu were untraded Friday at 1.00 pence." 

London South East.

AGM is announced for the 23rd of May !!!   which gives you literally just 2 weeks to make sure that your name is on the REGISTER OF MEMBERS, because if your name is not on the register then you can't vote at the AGM. 

IMPORTANT NOTE -THIS IS IN PART HOW THEY SCREWED THE SHAREHOLDERS OVER AT VASSETI ZAVARCO PLC BY REFUSING TO PUT THEIR NAMES ON THE REGISTER.

My thoughts - So, the company is started 2014 and is then listed as a shell company during January 2015 on the London Stock Exchange. Then 15 months pass and the very best company for them to even considering buying are their buddies at VCB Capital .... give me a break ...

If I was an investor in this business I would be looking for the back door ....

DON'T GET MUGGED ...  INVESTORS BE WARNED !!!