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Re: RogerMBailey post# 11480

Monday, 09/15/2008 8:16:45 PM

Monday, September 15, 2008 8:16:45 PM

Post# of 353092
I am NOT an insider

The SEC states that anyone who owns more than 10% position in a company is an insider. You've admitted to owning 2,000,000 shares of ANHL which you claim constitutes 19% ownership of the company. Please check with your attorney before you dig yourself a deeper hole.

Linda Perry began to “move the goal posts”, continually in her favour, including demanding the updating urgently of the ANHL subsidiaries accounts to GAAP standards prior to binding contracts.

Thank you Linda Perry for your expertise in negotiating a better deal and maximizing shareholder value.

One comment to my protests about the continual increases in costs in a conference call just before the signing of the Definitive Agreement in March, (attended by a representative of the European investors), was “that was then and this is not”-------“take it or leave it”

You can negotiate for me any day Linda!

The Euros are missing from the party because of Perry’s rude, aggressive, demanding, intransigent and impractical attitude.

Were you the one who tipped off the Euro's to start buying? That's called insider trading and folks go to jail for that.

It seems that many now share my long held opinion from reading Posts over the last 10 days or so

Many? By my count, just a few frustrated shareholders. That will all change when the close is PR'd and the Super 8K is filed.

The only person to stand up to Perry was me

Well, we all know how that went.

...culminating in the Board of RTGV conspiring with 2 Directors of ANH, Roger Taylor and Ian Macdonald, to produce further amendments in December 2007, without my knowledge, as the then major shareholder (of Atlantic Network Holdings Limited) let alone approval by me and other shareholders needed for such major departures from the Agreement and business plan of ANHL.

Sounds like you lost confidence with everyone around you.

Shortly after, one of Taylor’s closest colleagues in Guernsey, George Freeman, called in his long term loan to me demanding my shares in ANHL as against an original agreement to await Closure and the transfer of an amount of RTGV shares and I was forced to hand over 60% of my shareholding in ANHL to Freeman, resulting in Freeman being the largest single shareholder in ANHL (32+%) with me being reduced to 19%.

Are you ever going to answer the question of why Mr. Freeman would want your shares rather than cash?

On 19th February 2008 I wrote to the Board of ANHL saying “being cut out of all business decision and being kept in the dark I had no alternative other than to resign from the board of ANHL” again informing Perry and Fludgate contemporaneously..[i/]

I'd like to re-assure you, you did the right thing.

This deal could have and should have been Closed in May of 2007 with the UK FCA prepared GAAP Accounts and THEN audited by the Auditors to RTGV Sherb & Co.
Perry now needs to address the changed economic and business climate of 2008, and hand over negotiations for further revised terms for Closure to a realistic, competent individual as has been suggested by other on the Hub.


Linda Perry is the one who has the confidence of ALL the Directors and that's whats important to me.

One also has to ask, is Perry in breach of SEC Regulations as well as her fiduciary duty to RTGV shareholders by not reporting these problems in her updates by Press Releases which are, in the light of events, misleading to say the least and a contributory factor to my resignation from ANHL, given that she ignored my protests over corporate governance issues for over 6 months.

One Can answer that definitively, NO she is not in breach of any violations. Mr. Bailey, If you feel you have a legitmate case, which I highly doubt, by all means take it to court. That would be the appropriate venue for your grievance's.

I hope your follow up appointment with the eye surgeon goes well tomorrow.


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