By Tom Winnifrith | Friday 16 February 2018
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.
The massive St Valentines day Fake News own goal posted by Julie Meyer MBE on the website of Ariadne Capital Group Limited in Malta (not to be confused with Ariadne Capital Limited (in Administration) is full of gems. Now let us turn to point 9, the matter of unpaid bills, which Ms Meyer reckons is all fake news. She states:
Can Ariadne or Julie cite one press report relating to an unpaid bill or a disputed bill which is factually inaccurate, real fake news. Of course they cannot. On the other hand, from the LinkedIn posting by John Galt which someone had censored:.....
In 2012, respected sales executive Rachel Lowe was contracted by Julie Meyer to support Ariadne clients and find sponsorship partners for Entrepreneur Country. After just five months in the role Lowe began to get frustrated by late payment of invoices and eventually received an email from Julie containing untrue allegations of under performance and declaring only half the outstanding invoice amounts would be paid. Lowe took the claim to court only for Julie to unsuccessfully counter-sue for £200,000.
The judge’s verdict in awarding Lowe £64,500.90 added: “Ms Meyer sought in oral evidence to persuade me as to Ms Lowe’s inadequacies. I found her evidence emotional and... at times it bordered on the hysterical." (source: Evening Standard)
2016, this time its accountants Kingston Smith taking Julie to court
In 2016 Julie was again facing legal proceedings, this time for unpaid fees to accountants Kingston Smith. (source: European News)
2016, another day, another law firm taking Julie to court. This time former Entrepreneur Country Global (ECG) sponsor Nabarro
In 2016 Julie Meyer faced further legal issues, this time being pursued for unpaid fees by Nabarro (now CMS). In addition to being a supplier, Nabarro were also a sponsor of Entrepreneur Country and were victims of marketing fraud. (source: European News)
2016, Julie Meyer caught paying for edits to her own Wikipedia page and embarrassingly sues her PR agency In 2016, Julie Meyer lodged a “joke” lawsuit claiming a reported £100,000 in damages from PR agency Lansons after what it calls a “botched an attempt to improve a Wikipedia entry in a campaign that did its reputation more harm than good.”
Lansons successfully counter sued for £76,000 ($94,969) of unpaid invoices and Meyer initially refused to pay up saying that “to have an intern contact Wikipedia was not what we paid for.” (source: Bloomberg, Business Insider)
2016, Julie Meyer’s law firm GQ Employment Law who hounded dozens of employees sues Julie. There’s a deep irony that GQ Employment Law, the law firm who hounded dozens of former employees on behalf of Julie Meyer were ultimately the creditor who forced the winding up petition that sent Ariadne Capital in to Administration. (source: Shareprophets, CityA.M.
In November 2017 Julie was back on the defensive after being sued by law firm Clifford Chance amid a row over unpaid fees. The law firm filed a case against both Meyer and Ariadne Capital at the High Court on November 22.
Meyer alleged that lawsuit she faced was a “casualty of a long drawn out acquisition of Ariadne Capital Ltd (our London operating subsidiary) by the Malta-based [holding company] ACGL and Clifford Chance would be paid for its work at the “time of the acquisition.” Of course that acquisition never happened so a good thing Clifford Chance chose not to wait! (source: FN London)
January 2018, Ariadne back in Court v Execute Today ltd run by a former employee
Another day another unpaid employee. This time it was the 2016 'star hire' Ilona Simpson as a "senior advisor and venture partner". (source: EXECUTE TODAY LTD -v- ARIADNE CAPITAL LTD, Shareprophets)
January 2018, Julie Meyers conduct raised in the Parliament of Malta, police to bring charges on three counts
The Honorable Karol AQUILINA asked DALLI HELENA (Minister for European Affairs and Equality):
"Can the Minister tell say whether the Department of Employment and Industrial Relations (DIER) has received complaints and / or investigating claims concerning unpaid wages in respect of the persons and companies whose details are given separately? If so, can the Minister say how much was the number of complaints and requests for investigation and arrived at what stage?"
That list is far from complete. Exactly which entries would Meyer describe as fake news. The administrator of Ariadne Capital Limited said that, notwithstanding its boasts of huge profitability, ACL had been struggling to pay its bills as they fell due for a long time. But maybe Julie Meyer reckons he was a fake administrator?
Of course while all these folks had to struggle to get paid at no time was Ariadne Capital Limited late in paying the rent on Ms Meyer's luxury apartment in West London.
Naturally Julie Meyer, being a woman doing God's Will needs no reminding of Acts Chapter 20, verses 32-35 ( King James Version natch) but for those Godless souls in Malta, London and elsewhere, so selfish that they asked to be paid for their services I offer up a reminder:
And now, brethren, I commend you to God, and to the word of his grace, which is able to build you up, and to give you an inheritance among all them which are sanctified.
I have coveted no man's silver, or gold, or apparel.
Yea, ye yourselves know, that these hands have ministered unto my necessities, and to them that were with me.
I have shewed you all things, how that so labouring ye ought to support the weak, and to remember the words of the Lord Jesus, how he said, It is more blessed to give than to receive.
Here endeth the lesson, thanks be to the Good Lord Jesus our saviour and to his faithful servant Julie Meyer who always pays her bills on time and any press reports to the contrary are fake news, the work of the devil.
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