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Ex-picsel

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toobs commented on Riverside's blog post 'Picsel UK accounts'

http://www.youtube.com/watch?v=KMKkQx_dTC4

44 minutes ago

toobs liked Riverside's blog post 'Picsel UK accounts' 46 minutes ago

Colin MacDonald commented on Riverside's blog post 'Picsel UK accounts'

>Whilst you could attribute putting some of the high 8 figure amounts they took out of old Picsel back into it to a steadfast believe that they're good guys and wanted to make sure the company carried on for everyone's benefit Thanks,…

4 hours ago

Riverside commented on Riverside's blog post 'Picsel UK accounts'

@Colin yeah, we all did, but most of us didn't have any involvement in defrauding shareholders or the government and generally told the truth about what we were doing, and I don't recall giving jobs to any unqualified blood relatives.…

7 hours ago

Colin MacDonald commented on Riverside's blog post 'Picsel UK accounts'

@Riverside [Imran and Majid] took far, far more out of old Picsel then they ever put back in. I thought we all did that? You know, salaries and such. Eh, I just don't get where the vitriol is coming from. All of this seems like SOP…

7 hours ago

Not in Kansas anymore commented on Riverside's blog post 'Picsel UK accounts'

I predict, "two more weeks"

20 hours ago

mademoisellex commented on Riverside's blog post 'Picsel UK accounts'

agreed, but we were talking about the loan package thingy. the 180K salaries are absolutely part of the larger cash suck strategy back to the founders. they have found a way to do their Phoenix and continue the flim flam. we are…

20 hours ago

Riverside commented on Riverside's blog post 'Picsel UK accounts'

You could say exactly the same thing about Majid/Imran's ongoing 180K salaries - it is hard to see how paying these salaries delivers value to the company. ;-)

20 hours ago

mademoisellex commented on Riverside's blog post 'Picsel UK accounts'

it might be permitted/legitimate/legal to do it, but we do not find how value was delivered to the company by acquiring the debts. the value was only in one direction. it is not like the debt of a supplier you might want to continue to…

21 hours ago

Not in Kansas anymore commented on Riverside's blog post 'Picsel UK accounts'

It's called being an utter bawbag.

22 hours ago

Riverside commented on Riverside's blog post 'Picsel UK accounts'

I'm not sure I understand your point, perhaps you can try explaining in a different way? As far as I can see, it's completely legitimate for that debt to be transferred along with the business. The decision of which debts they wanted to…

22 hours ago

mademoisellex commented on Riverside's blog post 'Picsel UK accounts'

@riverside - respectfully suggest that agreeing to assume the loan is WAY MORE than tax planning. in the current case, Imran Khand and Majid Anwar have collected £1.2 million of HRM CASH. that's quite a bit different than just…

23 hours ago

Not in Kansas anymore commented on Riverside's blog post 'Picsel UK accounts'

i hope everyone has tribunals open. Anyone that doesn't.......

23 hours ago

Riverside commented on Riverside's blog post 'Picsel UK accounts'

@Colin - they took far, far more out of old Picsel then they ever put back in. If the new owners hadn't taken on those debts then the founders would have got back the same 1p in the pound that a lot of employees got for money they were…

23 hours ago

Not in Kansas anymore commented on Riverside's blog post 'Picsel UK accounts'

what could possibly go wrong? Good luck guys

yesterday

Colin MacDonald commented on Riverside's blog post 'Picsel UK accounts'

The proposal to strike off had already been suspended by Parties Unknown - the ICO has yet to look at my appeal against Companies House's decision to not disclose the identify of the objector. Well, good on Imran and Majid for putting a huge…

yesterday

Not in Kansas anymore commented on Riverside's blog post 'Picsel UK accounts'

My bad. They are now only a year behind! I've noticed the status of the company is now marked active rather than proposal to strike off!. Well done guys!

yesterday

Not in Kansas anymore commented on Riverside's blog post 'Picsel UK accounts'

15+ months in arrears? Surely it covers the last tax year and is only 4 months out of date?

yesterday

Not in Kansas anymore commented on Riverside's blog post 'Picsel UK accounts'

Phoenix then with many employees being shafted? Prediction time folks!

yesterday

mademoisellex commented on Riverside's blog post 'Picsel UK accounts'

anyone who doubts the Phoenix strategy of these guys should now be left with little doubt.... and that is with data that is now 15+ months in arrears. there is no telling what additional looting has taken place in the meantime. you have…

yesterday