The tipping point for the collapse of all VCTs?

 https://www.thetimes.com/business-money/companies/article/octopus-titan-hit-by-297m-in-writedowns-and-write-offs-vkpmqlh36

https://www.ft.com/content/6c9b0a99-efd8-407b-ac9f-5c8a40a7b09f

Copy for those without subscriptions at https://app.box.com/s/di4jkzgj6rh7mcftzsj021p2nhax3ph2


“However, dividends are ordinarily a distribution of investment gains (of which a material proportion should be realised rather than unrealised), which have not been achieved over the six-month period ended in June 2025 or in recent years.”

What a load of tosh! The analysis is just starting.

Octopus does not start with clean hands. See Companies House records of Titan and Apollo when the Directors lied about merger shares issued. 

Good job there is a shareholder meeting on Monday 13 October 2025. I will be there.



Comments

Post a Comment

Popular posts from this blog

[Latest UPDATE: 2 NOVEMBER] Octopus Titan VCT plc - matters of concern (to be continued)

Image
[ UPDATE 2 NOVEMBER] Food for thought. e&oe Outright proof that VCTs are not only a PONZI scheme but a total rip-off on taxpayers who, in this case, paid for more than the cost of the entire Investment Portfolio as an outright gift to the "super-rich". Octopus Investments should be hanging their heads in shame. Listen to the new CEO (ex the Silicon Valley Bank farce) admit the VCT structural failures at: https://sifted.eu/articles/erin-platts-podcast Do read and follow the new blog about the proposal to Liquidate OTV2 and save more than £100,000,000.  https://otv2go.blogspot.com/ ------------------------------------------------------------------------------------------------------------------------ [UPDATE 20 OCTOBER] FOR STUDENTS OF THE INVESTMENT PORTFOLIO OF OCTOPUS TITAN VCT PLC, THE URL BELOW IS AN ANALYSIS OF ALL  THE HOLDINGS at 31.12.24 WITH VALUATIONS GOING BACK TO 31.12.19. https://app.box.com/s/ct30barc75qfpi35xczt4eldxdjkwyz2 IT MAKES TRULY DREADFUL READING, A...
Read more

[UPDATE 22 AUGUST... and Lo it came to pass...] Albion Capital Group and Howard Kennedy llp confirm to the High Court that all VCTs are Ponzi schemes.

Following ICAEW's 2nd level decision (sent out on Friday 15 August) that it's members providing Independent Valuer Services to VCTs are not in breach of s596(3)(a) the Companies Act when they fail to comply with the mandatory disclosures and just pocket the money for rubber stamping Investment Managers valuations (knowingly false and unjustifable in the case of all the Albion VCTs) it is time to get back to work after the Summer Vacations. On 23 January 2025 Albion and Howard Kennedy llp swore under penalty of Perjury in statements to the High Court that:  "VCTs rely on regular fundraising rounds to continue their activities." The very definition of a PONZI scheme. https://www.investor.gov/protect-your-investments/fraud/types-fraud/ponzi-scheme This is why the tame Directors of the VCTs have such a vested interest in making sure that VCT managers never increase the NAV beyond a level at which they can maintain the 5% annual payments out of Share Premium monies from e...
Read more

Time to start a generic blog exposing the gory details of the Government sponsored scam.

Image
  HOW IT WORKS: 1. Incorporate a plc with Penny shares 2. Apply to HMRC for approval 3. Apply to Financial Conduct Authority and London Stock Exchange  4. Appoint compliant directors. 5. Issue Penny shares for One Pound. 6. Invest only 30 pence per share.  7. Take initial and directors salaries on all investments. 8. Pay all interest earned to professionals and as Investment manager fees. 9.  Apply to High Court to cancel 99 pence "share premium" so it can be paid out as dividends. 10. Value investments at higher of original cost or "thumb in the sky". 11. Repeat as often as possible 12.  When you run out of money or can't realise investments simply merge the companies on valuations that you alone decide. 13. Join a self serving Trade Association. HOW YOU FIND INVESTORS: Go into partnerhip with Financial Advisers who, for large fees, will promote the scam as:  "HMRC will pay you so much that you have £1m in 10 years time that has cost you nothing"
Read more