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Dear Rob, I have a very simple question for you regarding your shareholding in Quenron (QPP) and your shoddy deal with Equities First Holdings LLC.
When the shares were 50p you said that it was likely that you would face a margin call but it made no economic sense to pay the margin. But now that the shares are 90p there is every reason to pay the margin. So have you:
a) not paid the margin because you know – as do I – that Quindell is a fraud running out of cash? In which case surely under AIM rules you need to make a statement ( as the owner of more than 3% of the equity) about your exact holding since the stock has now been lost for good? BTW – have you sold any more shares since leaving the board? Just asking.
b) paid the margin because you are a believer in Quenron.
If it is a) – which we both know it is – perhaps your hapless Nomad Cenkos might be confirming this with an RNS – Shareholder Disclosure. Or do they not give a FF about the rules either?
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