Cynical Bear over at Share Prophets updates his Sub-Standard shockers list ...

Vertu Capital, daVictus PLC and Vale International Group make it on to Cynical Bear's Sub-Standard Shockers list over at Share Prophets ... (am I surprised? fuck no... )

Full article is over at Share Prophets - Click here

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Share Prophets are doing an absolute shitload of work to help disinfect the casino stock markets and keep the hard working investor safe and away from these total scumbags that just can't make any money without stealing it from everyone else. 

 

Vale International Group ( VIG ) pops up on Cynical Bear's radar over at Shareprophets ...

Last week we introduced you to Vale International Group  ( VIG) the newly listed shell company from the directors at Vertu Capital and daVictus PLC.

Cynical Bear over at Share Prophets has added them to his list of "sub-standard shockers" 

Full article at Share Prophets is - click here 

Last week sell trades at William Du's Vertu Capital Ltd ( VCBC ) and daVictus PLC ( DVT ) ...

Starting with William Du's company, Vertu Capital ( VCBC ) and a stock market collapsing 8 Million shares sold last week ...

Will there be any money left to buy VCB Capital ? and will they do it before the 2-year deadline? 

or will they start another company ??  if they did, will it begin with the letter V ???

some possible suggestions,

Vampire Capital PLC 

Vasectomy Subsidiaries Group PLC 

Volumetric Bullshit International PLC

anyway here are the trades ...

and finally daVictus PLC ( DVT ) 50,000 shares sold, last week .....

INVESTOR WARNING !!!

What do a director of Vertu Capital and a director of daVictus PLC have in common?

VALE INTERNATIONAL GROUP LTD

Starting with the letter V .... for fuck's sake ... Vale is following in familiar footsteps as per William Du's listed shell company, Vertu Capital Ltd and daVictus PLC. Remember, daVictus was formally owned by Roslina Binti Ibrahim and Shailen Gajera aka Shailen Popatlal but is now helmed by Robert Logan Pincock the younger brother of Mark Logan Pincock who helms Aries Telecoms PLC (if you are new, go back to the beginning of the blog for the full story)  .... 

Vale is to be listed on the London Stock Exchange on the 5th of September. It's another shell company, with no assets, well except for the money they have raised from investors and as per Vertu Capital and daVictus prospectus they are to invest the money raised from their hard working investors into and I quote, "Game changing fin-tech company."

Some facts,

The company has been incorporated in the BVI jurisdiction (sounds familiar) so transparency is for shit ... again.

Director 1: Patrick Tsang, don't know him, but we will do some digging.

Director 2: Simon Retter, finance director over at William Du's Vertu Capital and finance director at Paragon Diamonds another London-listed company, which, incidentally ran out of money, got delisted and now bimbles about awaiting its fate. I pray for the shareholders of Paragon Diamonds ....

Director 3: Malcolm Groat, allegedly an AIM guru and a director at daVictus PLC. Malcolm's previous listed company London Mining PLC is in liquidation and suffered it's demise from falling iron ore prices and an Ebola outbreak at the mine in South Africa ... shocking stuff .... needless to say, all shareholders of London Mining PLC lost their money.

Some other notable facts from the listing prospectus,

The founder of the company is Mahesh Pulandaran, resigned as a director of the company on the 6th of June 2016... saying that Mr Pulandaran will receive a SUCCESS FEE of £50,000 pounds made payable to him when the company is successfully listed on the exchange ...lol...who's paying for that?

Patrick Tsang is entitled to receive an annual fee of £25k based on 3 DAYS PER MONTH.

Simon Retter will be entitled to receive a salary of £25k per year.

Malcolm Groat will be entitled to receive an annual fee of £3,000 based on 3 DAYS PER MONTH.

and of course, all the Directors are entitled to be reimbursed by the Company for travel, hotel and other expenses incurred by them in the course of their directors’ duties relating to the Company.

Gosh ... with all those fees, salaries and entitlements being thrown about, let's hope there's enough money left to buy that fin-tech company they talk about...

Anyway, if you want a giggle, listing prospectus is here

Let's just watch and see ...... 

100,000 shares sold last week at daVictus PLC ( DVT )

More selling last week at daVictius PLC ( DVT ). The LSE-listed shell company, with no assets and investors money, firmly in its grasp .....

It is said that in the not too distant future they will "acquire" a company in the food industry.
Seven months have now passed .....  

Come on daVictus .... don't forget your shareholders need to eat too !!!!!

INVESTOR WARNING !!!!

Back to daVictus PLC ( DVT ) with more selling .....

250,000 shares sold at daVictus PLC. Their AGM is being held on the 8th of July.

"The Company's AGM will take place at 4 pm (Malaysia time), 9 am GMT, on 8 July 2016 at No. 9A, First Floor, Jalan SS15/2A, Subang Jaya, 47400 Selagor Darul Ehsan, Malaysia."

Floated on the London Stock Exchange during February 2016 the company said, 

"daVICTUS has been formed to undertake one or more acquisitions of businesses (either shares or assets) which operate in or own Australian, European and/or North American food and beverage eatery franchises in South East Asia and/or the Far East."

5 months later and still nobody has a clue what they are considering buying .... give me a break !!!

INVESTOR WARNING !!!!

300,000 shares sold at DaVictus PLC ( DVT ) ...

Back to selling at DaVictus PLC ( DVT ) ... 35k worth of shares sold ...

INVESTOR WARNING !!!

HOLY FUCK !!! 53k worth of shares bought at DaVictus PLC ( DVT ) !!!!

Now there's a trade that doesn't make a whole load of sense  ???

Remember folks, DaVictus PLC has no assets. It's just a listed shell company waiting for "something with value" to be injected into it ..... give me a break !!!

INVESTOR WARNING !!!

3.4 million shares dumped between Davictus ( DVT ) & Vertu Capital ( VCBC )

Two more trades from last week .... run for the hills !!!!

INVESTOR WARNING !!!

Share Prophets get a whiff of Vertu Capital ( VCBC ) & Davictus ( DVT ) ...

Cynical Bear over at Share Prophets picks up the trail. Here is what CB has to say,

"The full-backs are the Malaysian related duo of Vertu Capital (VCBC) and Davictus (DVT) on which more anon as there is a certain smell related to these two. For the moment, worth just stating that Vertu came to the market in January 2015 raising £800,000 at 1p and currently sits at 1.125p and Davictus listed in January 2016 raising £1 million at 10p. Its share price is 12p at present. "

Quote from Cynical Bear's article over at Share Prophets.

Full article is - click here

30k worth of shares dumped at Davictus PLC ( DVT ) ....

More selling at Davictus PLC. The company originally owned and run by Shailen Gajera  and Roslina Binti Ibrahim but is now "apparently" owned by Robert Logan Pincock, the younger brother of  Mark Logan Pincock, who is currently the CEO over at Aries Telecoms PLC ...

Remember folks, this is a newly listed SHELL company PROMISING that they will "buy" another company which is allegedly supposed to have value. Most entrepreneurs build successful companies first, then float them on an exchange, but no, not these guys, they ask you to invest in absolutely nothing first then promise you value later ... give me a break ...

Please don't invest on the promises of idiots !!!

INVESTOR WARNING !!!

DAVICTUS PLC ( DVT ) Annual Financial report is released ... Chairman makes sure he's not out of pocket !!!

DAVICTUS PLC releases is financial results Link - Click Here

"LONDON (Alliance News) - daVictus PLC on Friday said it made a pretax loss in its first year since formation, as it plans to make its first acquisition by January 2017.

daVictus was set up in February 2015 in order to seek business opportunities in the food and beverage sector in Asia, and began trading on the London Main Market in January 2016.

In the period from formation to December 31, 2015, daVictus did not make any acquisitions and therefore made no revenue, but made a GBP221,220 pretax loss as the business prepares to commence operations.

daVictus said it has not yet formally identified any prospective targets, but has actively reviewed a number of potential opportunities and aims to make its first acquisition within 12 months of admission."

London South East.

However, the Chairman of DAVICTUS PLC made damn sure he got his £200k loan paid back. 

"On 15 April, 2016, the Company transferred the fund £200,000 to fully settle the loan which was novated to Abd Hadi Bin Abd Majid per an agreement dated 18 January 2016."

Quote from the AFR.

What ever happened to the day when Directors of a company put the interests of the shareholders and the success of the company first ... before running to take their own money back ... that should tell you something about the integrity of the Directors ...

Point to note - the Chairman ABD HADI BIN ABD MAJID for DAVICTUS PLC is also the Chairman for VCB Capital, remember that's the company William Du's listed "acquisition company" Vertu Capital Limited is considering buying .... 

INVESTORS BE WARNED !!!

Are the private investors jumping ship at DAVICTUS PLC ( DVT ) ???

Yesterday we looked at the sell trades for DAVICTUS PLC ( DVT ).We have come to the conclusion that it looks like the shares that were being dumped are the original placing shares (see admission stats below). Placing shares are normally issued to private investors before the listing on the exchange.

It's all very odd and coupled with the links I would give this a very very wide berth ...

INVESTORS BE WARNED !!!

INVESTOR WARNING - DAVICTUS PLC ( DVT ) Share Trades ????

Over a million pounds worth of sell orders at DAVICTUS PLC (DVT) since it listed on the London Stock Exchange on the 29th Jan 2016...

Now that's a little odd ??? 

BE WARNED !!!

INVESTOR WARNING - DAVICTUS PLC ... ( DVT )

Another newly listed acquisition company that was originally in the hands of Shailen Gajera and Roslina Binti Ibrahim. Davictus PLC listing prospectus - click here

Roslina Binti Ibrahim is involved again.  She was a director of Davictus PLC from the day of its incorporation on the 5th Feb 2015 and guess what she resigns on the 19th Jan 2016, just 10 days before the company gets its listing on the London Stock Exchange.

Shailen Popatla aka Shailen Gajera is back too - Shailen is the original founder and majority shareholder of Davictus PLC. 

"On 8 June 2015, the existing Ordinary Shares were transferred by Minerva Nominees Limited and Minerva Services Limited, and 1,249,998 new Ordinary Shares were issued and allotted, to Shailen Popatlal as consideration for an investment of £125,000 in the Company."

"On 20 October 2015, the Company carried out a capital reduction that reduced its stated capital account by £2.00 by special resolution of the sole Shareholder at that time, in accordance with the Companies Law, with the funds being returned to Shailen Popatlal, as the sole Shareholder at that time, in cash."

"On 8 December 2015 a single Ordinary Share was transferred by Shailen Popatlal to Minerva Nominees Limited. The 1,250,000 Ordinary Shares held by Shailen Popatlal and Minerva Nominees Limited were subsequently transferred (in two transfers, one by Shailen Popatlal and one by Minerva Nominees Limited) to Robert Pincock for a consideration of £125,000 on 19 January 2016 and 26 January 2016. As a result of these transfers 1,250,000 Ordinary Shares are owned by Robert Pincock as at the date of this Document."

Quotes are from the listing prospectus.

So, the company is now owned by Robert Logan Pincock and if you think that name sounds familiar then you would be right.  It looks like Robert Logan Pincock is the younger sibling of Mark Logan Pincock who is the current CEO of ARIES TELECOMS PLC along with CO.Director Roslina Binti Ibrahim.

Final point to note, the Head Office for Davictus PLC is located at Paneagle Holdings Berhad which is owned by Zulizman Zainal Abidin and again he too is named in all the legal proceedings for fraud against the shareholders of Vasseti Zavarco PLC. Zulizman is also the professed owner of ARIES TELECOMS.

"On 11 January 2016, the Company entered into an agreement with Paneagle Holdings Berhad (“Paneagle”) pursuant to which Paneagle has agreed to lease commercial and office space to the Company for a period of one year from the date of the agreement."

Quote are from the listing prospectus.


Again Investors ...

BE WARNED !!!