Posts

Showing posts from March, 2026

[UPDATE 30 March] Do any of the Albion VCT directors have the slightest idea what they are doing?

[UPDATE 30 MARCH] The new Chied Executive of the Insolvency Servce seems to have some "cojones" Letter received today: DBT is now to compel ELLIPTIC ENTERPRISES to comply with the law. That makes a change! Will Fraser-Allen to resign with immediate effect? Not a chance - he is one of the most dishonest immoral company directora in the UK today trousering more than £1m pa for adding little value to anything.  Albion and Octpus to resign as VCT Investment Managers in the light of the letter? Fat chance fees, fees, fees and "trebles all round".  All Albion Capital Group llp members to now admit criminal tax evasion, fraud and "cheating the public revenue", and accept suspended prison sentence? We shall see. .................................................................................................................................................... Ben Larkin, Chair of Albion Enterprise VCT plc and the defunct Albion Development VCT plc, went to great le...

Proof that Albion have been deceiving shareholders for years.

Having filed my Witness Statement earlier today, and while we wait for the inevitable nonsense in their reply due in 3 weeks time.... Let me take interested readers to what the liars masquereding as Members of  Albion Capital Group llp and the Directors of the VCTs told shareholders nearly 6 years ago: Page 35 of the Albion Enterprise accounts to 31 March 2020 right next to Albion Capital's signature. ..."we will not" hold virtual or hybrid meetings other than in exceptional circumstances e.g. when a shareholder dares to point out fraud, bribery, false accounting and breaches of fiduciary duty so that we don't have to answer any questions. Is there a single member of Albion or a Director of any of the VCTs who has the courage to admit, even at this late stage, that they lied to shareholders to induce them to approved a half-baked wording which they had no intention of following? The next AGM Notice has to be published within the next 8 weeks. Will they all carry on wi...

Trial date set for all day Wednesday 2nd December 2026 at 11.30. Open Court

 Will Benjamin Michael Larkin , Registered Solicitor no:161022, and whom Chambers advises everyone " heads the London Practice at Jones Day " for restructuring/insolvency, now do the right thing before he resigns as Chairman at the next Albion Enterprise VCT plc AGM in June 2026 and properly oversee that AGM in accordance with the Articles and the requirements of the Companies Act? Don't hold your breath. Do look at the GC100 "Guidance for Virtual Meetings of Shareholders" and see what Messrs Larkin and Fraser-Allen have been upto for the last few years. NB Albion are the only VCTs to have virtual meetings and even those are in breach of the Companies Act just by looking at the Notices alone. See what the VCTs share registrar, Computeshare, says and you will note that all the Albion Directors couldn't care less - that is why they all need to go and go now. https://www.computershare.com/uk/insights/share-registry/how-to-comply-with-virtual-agm-guideline s The...