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Lord Howard so what do you value Watchstone's 5% stake in the Quob Park Ponzi at?

By Tom Winnifrith, The Sheriff of AIM | Sunday 14 February 2016

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.

And there was I thinking that the good Lord Howard and his colleagues on the board at Watchstone (WTG) formerly Quindell (QPP) wanted nothing to do with fraudster Rob Terry. How wrong was I?

For Quob Park Technologies , a business where c85% of the equity is owned by Terry's new ponzi, Knob Park Estates, has just filed its annual return as you can see HERE.

And guess who is on the list owning c5% of the equity? Yes Quindell PLC ( now known as Watchstone).

So Lord Howard: right now, what are you valuing this particular asset at?

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  1. Perhaps a more relevant question would be; why does WTG own any shares in this company?
    I thought it was meant to have broken away from its past?

  2. This company is an old investment from the Terry days (check the change of names (though I suspect Tom is deliberately not writing that) and is valued at nil in QPPs accounts for 2014. Non story.

  3. ‘Non Story’ sums it up well SROBLISER.
    Like most of the rubbish on this vendetta-themed site.

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