Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
On Monday of this week Worthington PLC (WRN) CEO Doug Ware published a defamatory document about me (HERE with my response) and said he had reported me to the Police. In it he insisted that on becoming CEO on 1 June 2012 he had moved immediately to sever all links with Craig Whyte. He has made that claim before. Unfortunately, for Worthington shareholders what Mr Ware has stated is quite simply NOT TRUE as another leaked document I publish today shows. So what else have you misled investors about Doug?
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Comments
hammer69
Tom,
Nice one, there always seemed an inevitability that all was not right on the bad ship WRN…
When you have time you might wish to take a look at some of the postings on the ADVFN BB over the last couple of days. With your above expose to hand, a significant link has subsequently just been found to a company called European and Asian Limited, which just happens to i) be a significant shareholder, ii) provides Mr Ware’s services to WRN and iii) is for some reason the beneficiary of Mr Ware’s directors’ warrants:
“davidkip 18 Feb’15 – 15:31 – 3641 of 3645 1 0
Update on European and Asian Ltd.
I raised this earlier … it’s the holding company of Mandolyn [and several others], which in turn provides Doug’s services and which accepts the CLNs he’s been paid with.
We had assumed that European and Asian Ltd was simply an offshore/HK company owned and run by Doug to keep his various activities in. There would have been nothing particularly worrisome about that.
Ooops, looks like we were wrong.
Have a look at the latest leaked document:
hxxp://www.shareprophets.com/file_download/397/WRN5.pdf
Now, have a look at the address on the letter:
First Asia Trading Ltd:
3rd Floor
Jonsim Place,
228 Queens Road East,
Wanchai,
Hong Kong
Now, that address rings a bell. There’s a European and Asian Ltd on CompanyCheck:
hxxp://companycheck.co.uk/director/910923180/EUROPEAN-AND-ASIAN-LTD
This is the (currently active) company that owns Mandolyn, Perry’s and so on.
Guess what the address for this European and Asian Ltd is? Yup, you’ve guessed it:
European and Asian Ltd:
3rd Floor
Jonsim Place,
228 Queens Road East,
Wanchai,
Hong Kong
And who signed the letter in Sept 2012 for and on behalf of First Asian International Trading Ltd?
Craig Whyte.”
H69
Scott Marshall
Whyte will be emptying the HK account when he leaves court before Ticketus get word of this.