Dear Vasseti/Zavarco Shareholders,
Yes, it's been 2 years since we started the blog .and I thought we would take a trip down memory lane and highlight some of the events from that time....
Our first blog posts were posted on the 4th of February 2015 link is - HERE
Lo and behold, 16 days later, and Peter Blomqvist a Vasseti/Zavarco shareholder from the UK, calls for a meeting to replace the board at Vasseti Zavarco PLC -
"On the 20th of February 2015 Mr Blomqvist served a notice on Zavarco PLC under Companies Act 2006 s303 requesting that the directors call a general meeting for the purpose of removing the existing directors and appointing himself and others named by him. That was met by an allegation that his shares were not fully paid (and therefore gave no right under s303). This, on Mr Blomqvist's case, was the first he had heard of such an allegation, which was wholly inconsistent with all the company's public accounts and records and with the listing of the shares on the FSX."
Extract from UK Judgement, Petet Blomqvist v Zavarco PLC & its Directors 2016 Judgement paragraph 2. Link - HERE ....
Stay tuned for more of our 2 year anniversary highlights....
The Vasseti Group was sold to investors as an opportunity rarely seen since the likes of Microsoft. Sold to investors as a premier group of companies made up of mergers & acquisitions, listed on the Frankfurt Stock Ex. and backed by Tan Sri Syed Yusof Nasir, what could possibly go wrong... The reality turned out to be very different. Theft, fraud, deceit, lies and unimaginable greed, eventually led to all investors losing their entire investment.