InvestorsHub Logo
Followers 63
Posts 6362
Boards Moderated 0
Alias Born 09/28/2010

Re: JHop post# 12864

Thursday, 05/12/2011 10:41:35 AM

Thursday, May 12, 2011 10:41:35 AM

Post# of 23361
thorpe beeston investments ltd and PLC
This guy has been IR and boiler room forever. He delivered the shell and got a ton of stock and is a director of PLC . He will do the prmo in Europe on the shell. There is plenty more but you may want to do some hunting yourself

http://www.google.com/url?sa=t&source=web&cd=1&ved=0CBcQFjAA&url=http%3A%2F%2Finvestorshub.advfn.com%2Fboards%2Fread_msg.aspx%3Fmessage_id%3D51604567&rct=j&q=thorpe%20beeston%20investments%20ltd&ei=QilwTerSEs2BtgfUtaiEDw&usg=AFQjCNGtFfb93L-v9KZkT6urKeqTjr5how&cad=rja

4. Whilst on the subject of Pantera Oil & Gas though, it's interesting to note that Adrian Beeston also appears to be connected to both Yellow Cat PLC and Pantera Oil & Gas, his name appears at the bottom of the above Yellow Cat PLC linked announcement as the "Investors Relations Contact":

"Mr Adrian Beeston, Investors Relations Contact
Email: adrian@thorpebeeston.com
Telephone: +44 (0)20 7016 9289"

And his name also appears in the long thread above regarding the shares of Pantera Oil & Gas.
The Pantera thread also indicates Mr Adrian Beeston was connected with Pantera. In fact, from memory, he was a director before being replaced by Mr Bullock.

I don't know if we've noted this before or not but, FWIW, Pantera Oil & Gas (www.panteraoilgas.com) (the company that has had its shares promoted by illegal boiler rooms, as noted in this thread here:

http://boards.fool.co.uk/Message.asp?mid=10058145&sort=whole )

shares its office address of 1 Berkeley Street, London, W1J 8DJ with Adrian Beeston's Investors Relations firm Thorpe-Beeston Investments Ltd
(www.thorpebeeston.com) which has the same address.


As noted on the above thread, Pantera Oil & Gas had issued shares to Damak Group, who have had their assets seized and are the subject of further police enquiries into the fraudulent promotion of shares. Damak also had their offices in Mayfair but I can't determine exactly where, does anyone else know?

________________________________________
Insight Crossing line between promotion, analysis Sleazy trick of firms paying for corporate research about themselves has made its way to Canada By David Baines

For many years, penny-ante companies that trade on the OTC Bulletin Board in the U.S., firms that are generally shunned like the plague by mainstream analysts, have been procuring research coverage by going out and paying for it.
The trend seems to have caught on in Canada. The most conspicuous example is Calgary-based Resin Systems Inc., which is trying to market resin utility poles but is doing a remarkably poor job of it.
This past year, Resin hired four firms to prepare reports on its commercial prospects: Fundamental Research Corp. of Vancouver; Taglich Brothers Inc. and Spelman Research Associates Ltd., both of New York; and Thorpe-Beeston Investments Ltd. of London. Not surprising, all four rated the company’s shares, which trade on the TSX Venture Exchange, a “buy.”
The reports varied in quality. One, commissioned through Thorpe-Beeston, was plain goofy. It was written by Bob Carlson, editor of a seniors’ newsletter called Retirement Watch. He said the company had “mind-boggling potential” and he hadn’t seen such a terrific investment opportunity since Warren Buffett’s Berkshire Hathaway Inc.
On the other end of the scale was Fundamental Research, which made some bold assumptions about future revenue and did a discounted cash-flow analysis to come up with a “buy” rating.
Resin’s actual performance, however, has fallen far short of all forecasts. The company has shown a knack for mixing up contingent contracts with firm contracts, and incorrectly stating insider share positions in its proxy statements — problems that the paid researchers missed.
At some point, TSX officials concluded the firms Resin hired were not providing research services but rather stock promotion services. The firms were asked to sign disclosure documents saying they were doing just that — providing promotion services — but they refused.
In late November, Resin defused the situation by announcing it had cancelled its contracts with all four firms. The company also noted that financial forecasts published in the paid-for reports did not comply with exchange policy and “should not be relied on.”
LACKING CRITICAL ANALYSIS
Explaining why the exchange pressed the issue, TSX media relations director Steve Kee says there were instances in which analysts took information from listed companies and republished it “unedited and seemingly without any independent, critical analysis.” He also says the exchange considers the reproduction of such information, without independent analysis, to be promotional in nature.
Kee also says the exchange has become aware of instances in which a listed company has given an analyst “forward-looking information” (such as financial projections) or technical information that doesn’t comply with securities rules. Such moves have enabled listed companies to disseminate through analysts’ reports information they would not be permitted to disseminate under exchange rules.
While the exchange doesn’t object outright to listed companies paying for coverage, Kee says, such payments “may result in the exchange making additional inquiries regarding the scope and independence of the analyst coverage.”
Although the Resin case has been resolved, at least for the time being, the larger issue of what constitutes stock promotion vs research is still very much alive. The folks who offer paid-for research services claim they are a misunderstood and maligned lot, and are fighting any suggestion that they are stock promoters masquerading as analysts.
On Dec. 7, Fundamental Research’s president, Brian Tang, persuaded the TSX to allow him to make a formal presentation in January about what issuer-paid research firms do, how they do it and why they believe they should be categorized differently than investor-relations firms.
Ultimately, the usefulness of a research report is strictly a function of the quality of the information in it. In the case of Resin’s pens-for-hire, the quality was variable. But that is not unique to paid-for research.
History has shown research provided by analysts at brokerage firms can be as bad, or worse. Once again, the message for prospective investors is: “reader beware.” IE
EDMONTON, Nov. 29 /PRNewswire-FirstCall/ - Resin Systems Inc. ("RSI") (RS
- TSX Venture / RSSYF - OTCBB) announced today that it has terminated its
agreements with Taglich Brothers, Inc., Fundamental Research Corp., Thorpe
Beeston Investments Ltd. and Spelman Research Associates, Ltd. (collectively,
the "Firms") and that until such time as RSI is able to obtain the necessary
filing information from the Firms for submission to the TSX Venture Exchange
(the "Exchange") in accordance with Exchange Policy 3.4 and Exchange approval
is received for the agreements, the Firms will not be providing services to
RSI. In addition, RSI confirms that the financial forecasts presented in the
Firms' reports issued to date are not in compliance with Exchange Policy 3.3
and Appendix 3E of the Exchange Policy and therefore should not be relied
upon.
Exchange Policy 3.4 sets out the Exchange's requirements for investor
relations activities and promotional and market-making activities involving
issuers. Exchange Policy 3.3 sets forth the general disclosure requirements
for all material information.

RSI is a technology company that is actively engaged in the
commercialization and further development of composite materials and related
products throughout the global marketplace.


The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Resin Systems Inc (C-RS) - In the News
Van Sun says Resin tipped as another Berkshire Hathaway
2004-05-31 08:37 ET - In the News
Shares issued 56,050,240
RS Close 2004-05-28 C$ 1.35
The Vancouver Sun reports in its Saturday edition that in earlier columns, The Sun's David Baines wrote that Resin Systems had agreed to pay $540,000 (U.S.) to Thorpe-Beeston Investment of London to help increase investor awareness. Mr. Baines says he suggested this is a lot of money, especially for a tiny company like Resin, which is developing and marketing composite utility poles. Thorpe-Beeston is practically unknown. Since then, a reader kindly sent Mr. Baines a copy of a publication called Retirement Watch, which says it is dedicated to building investor nest eggs. Editor Bob Carlson states that he rarely gives investment recommendations, but in this case he could not resist recommending Resin Systems and compares it favourably with Berkshire Hathaway. Waren Buffett's Berkshire Hathaway is now trading at $89,000 (U.S.) per share. "THEIR POTENTIAL IS POSITIVELY MIND-BOGGLING," trumpeted Mr. Carlson, extolling the virtues of Resin's utility poles. So what inspired Mr. Carlson to do this? The answer could be in his disclaimer. It notes that Thorpe-Beeston paid $51,299 (U.S.) "to pay for all the cost of creating and distributing this report." In other words, Resin paid for it.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.