Posts

Showing posts from November, 2025

[UPDATED 30 November for additional facts] Interesting to compare Albion's greed (59% of cash invested before any realisations) in the Quantexa affair with ..[ insert name of VCT PONZI scheme of your choice]

This is why Investment Managers annual and performance fees need to be scrapped for a "cost plus" until profits are realised: let us hope the Chancellor agrees. QUANTEXA offers an interesting insight for arguments to be put to The Chancellor in her requested "consultation". First off - well done Albion for spotting the opportunity - the only VCT that did, even with the bribery,  fraud and corporate failings in which they later indulged. (NB. AUDITORS AND "VALUERS" TO ALL PARTIES: BDO llp !) Total Cash Invested across all Albion VCTs (2017-2020):                                                       £10,075k  Annual fees paid (based on AADV 2.5% plus 20%) before any realised profit:                    £4,536k Performance fees paid in 2018 and 2020: £520k + £465k ...

[UPDATE 27 NOVEMBER] CR-2025-007885: Albion VCTs apply to High Court to prevent Members being circularised.

On Friday 7th November 2025 Howard Kennedy llp filed a single application in the High Court [Ref: CR-2025-007855] on behalf of the 3 remaining Albion VCTs to prevent the Members being ciruclarised to vote on the Articles being amended to correct present faulty Directors retirement provisions, and most importantly to continue their malpractice of preventing Members participating in General Meetings as required by the law. Anyone going to the 18th November shareholder "seminar"? Do contact me for copy flyers. ............................................................................................................................ [UPDATE 27 NOVEMBER - COPY DOCUMENT LINKS NOW PROVIDED] copy documents and legal arguments will be URL linked here when Court sealed copies have been served and my acknowledgment of service filed].  Claim:     https://app.box.com/s/dlvnbadudi8lnij4rw42agmtmdcbxq2n Acknowledgment of Service:  https://app.box.com/s/c568xncyh80uwy79qjv0u29...