Tagged: black friday 2024
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May 13, 2024 at 10:20 am #27770LoganRegistered Boarder
BCG management/board aka SKR proxies have no shame. We all thought they’d improve after the SCN2 came but they’ve gotten even worse. They are least bothered about shareholders’ pain and concerns.
Mr Sen must be readying script for his next movie and taking stories from SKR. The title should be How to Fool and Backstab Shareholders. There’ll be sequels and SKR will be the villain in the first part and Mr Sen in the second part.
May 13, 2024 at 10:41 am #27771AkhilRegistered BoarderAs a holder of shares which i bought at a higher rate and cannot dispose off now since it doesn’t make sense, I feel that SKR has played not only us retail holders, but also investors like Shankar Sharma for idiots.
His two bonuses, two dividends, promises of ESOP buyback, fake acquisitions which were later rescinded, listing on Nasdaq, bs talks of AI et al was targeted to make stock climb to irrational highs
Whether he took advantage of those rates, I cannot say, but his shell cos, the LLCs definitely did.
Any basic study of his actions in the last two years reek of criminal disregard for retail shareholders. The rascal knew that retail shareholders will not be able to unite to prosecute him. Retail shareholders will be stumped as to how to proceed, but I do hope the biggest hnis get together and prosecute him.May 15, 2024 at 3:34 pm #27778BrightspotRegistered BoarderBCG is going to be suspended finally, I have disposed off all shares few months back, those who are stuck feel free to go hyderabad office , meet face to face and ask management to declare results
May 24, 2024 at 7:43 pm #27813radhutheoptimistRegistered BoarderDear friends
We are in the process of forming a BCG share holders association at Bangalore. We are kind of almost there. We will get it registered by June second week. Some of the long term well known members are part of the core team. I Will update here once we submit the documents to the registrar. And ofcourse membership will be open to anyone holding BCG shares and it will be free for now. Will update soon with more details as we progress. Stay tuned.
May 25, 2024 at 3:47 am #27814LoganRegistered Boarder@radhutheoptimist, great initiative, thank you for doing it.
May 25, 2024 at 3:48 pm #27815SpamfortressRegistered BoarderAppreciate and admire your gumption, @radhutheoptimist.
Thank you.May 25, 2024 at 8:53 pm #27816radhutheoptimistRegistered BoarderThank you Logan ji
Brightcom Group Share Holders Association will eventually get registered. We are hoping that Registrar of Societies will complete the process in couple of weeks. Main objective of the Association is to safeguard and promote the interests of the retail investors of BCG and act as a collective voice. Mr.Bhupinder Singh will be our first President and I will be the Secretary. Long term investors like Dr.Supreet Prabhu, Jacob Mathew, Vijay Patil are all part of the core team. We will provide more details as we progress.
In the meantime we want to form an Advisory Committee to guide the Association. We want you to be part of it and lead it. I know there are many long term, knowledgeable, people who know the past history are part of this group. We want support of each and every share holders.
Right now we are calling members who are holding shares since March, 2022. We will soon open the membership for everyone. Please send an email to secretary.bgsha@gmail.com. Provide your name as in DP records and your acceptance to take membership. Membership is free for now. We will ask for funds as and when the need arises. Soon we will come out with google form and other mechanism to add members.
And our objective is not to take revenge on anyone or any activism. We are kind of open to any action which may be beneficial to the retail community. It is as simple as that. Let’s give it a try sincerely.
We can DO it.
Radhu
May 26, 2024 at 9:43 am #27817radhutheoptimistRegistered BoarderMay 26, 2024 at 9:45 am #27818radhutheoptimistRegistered BoarderPlease use ☝️the form to join Brightcom Group Share Holders Association.
3+May 26, 2024 at 3:58 pm #27821radhutheoptimistRegistered BoarderWithin hours of requesting share holders of BCG to join Brightcom Group Shareholders Association, collective holding of members has crossed 2.5 million shares. 2653000 to be precise. Thank you. We haven’t even opened the membership to everyone and announced only to a small group like ours.
This gives tremendous confidence and encouragement to us for our single most objective to act as a collective voice to safeguard retail investors rights.
Check it out
Radhu
May 26, 2024 at 6:23 pm #27822SaachRegistered BoarderVery interesting to note the idea of forming a BCG shareholders association at Bangalore. Appreciate your initiative. I am a retail shareholder of this company when Lycos was bought by SKR. Simultaneously, I am the most senior member since the formation of this forum, as well. I am bit confuse and curious to understand all the important and basic points for formation of proposed Association. I noted the reason explained in your very first message, but I am sorry to say that I am not fully convinced and willing to provide my complete information in the required format to register my name for the purpose of formation of said Association. Warmest regards.
5+May 26, 2024 at 8:24 pm #27823radhutheoptimistRegistered BoarderDear Saach
All these days we were fighting for retailers representation to safeguard retailers interest and rights. All these days we were venting our anger in social media without any use. Now we are forming a registered Association which can act as a collective voice of the retailers, work with the management or legally challenge if required. A stage all these days we were asking for is being created. How we are going to achieve will be a collective decision.
This is just a first step. We took professional help to define MOA, took conscious decision of not collecting money and requesting people like you who are very knowledgeable to join Advisory Committee to guide the association.
Please get in and give directions or get elected to executive committee as we have to conduct election after forming the association.
We ourselves may not be knowing many things and we evolve as we grow. If there is any other better way of doing things let’s explore it together.
Together we will win
Radhu
8+May 26, 2024 at 8:30 pm #27824radhutheoptimistRegistered BoarderBy the way the membership is open for anyone who is holding BCG share. At this point of time we are calling long time holders just to manage the membership enrollment. Right now we are doing everything manually and people spend their personal time to make it happen. All core team members are like you and me and our only focus at this point is form the association.
5+May 26, 2024 at 8:33 pm #27825whity3187Registered BoarderI have invested in BCG some time back, not any more. What is the kind of value that you see in this company, as of today? If you look from outside, it has all the signs of a company, where one shouldn’t invest. What are the factors that is making you to remain invested in this company?
2+May 26, 2024 at 8:45 pm #27826whity3187Registered BoarderSee what I had posted some years back and what happened to the stock.But never had thought, it would go 100+
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4+May 27, 2024 at 10:54 pm #27829radhutheoptimistRegistered BoarderI am not going to ask this group to join Share Holders Association. I am done with that part. However, I respect the collective knowledge this group has gained over a period.
Now that let’s say, we have an Association in hand with around 200 people have given their consent to join who have a collective holding is more than 1% of equity (remember, this happened within one day of announcement about the association which currently open only to those people who are holding bcg shares since March 2022 or before), and we are at a situation where there is a danger of suspension of trading, there are cases going on, we don’t know what the management is doing….
what will be your course of action? You don’t have to join the Association for whatever apprehensions you have towards the idea… but you can give suggestions to people who are willing to take it forward.
Eager to hear from you.
In case there is change of mind… check it out
https://forms.office.com/r/mQxGxbEKrcThank you.
Radhu6+May 28, 2024 at 12:46 pm #27832VroomRegistered BoarderI have just filled my details just now for joining the association. As I am based in Delhi, would not be able to appear physically but I am a Chartered Accountant in practice and shall provide whatever support I can and although I have sold majority of my holdings few months back to recover cost but still hold substantial number of shares and would very much like to see glory days return for BCG
May 28, 2024 at 8:31 pm #27836AdUpRegistered BoarderThanks for doing this Radhu. I just registered. I was travelling and could only register now.
I am a long term investor in BCG. I first entered BCG in 2017/18 and held through the thick and thin of it. Like Vroom mentioned above and countless others, I am looking forward for the glory days of BCG as well. Something that helped me stay sane the last few weeks was to leave all Telegram groups. I just follow any updates on screener and read posts here. I think the next couple of weeks will define where BCG will be. Hoping for brighter days ahead.
6+May 28, 2024 at 8:59 pm #27837radhutheoptimistRegistered BoarderThank you @Vroom.
We definitely need your kind of people in Advisory Committee to guide the Association. You can send a mail to secretary.bgsha@gmail.com and we can take it forward.
Since you already sent a form you would have received all the details by now.
Lets work together
Those who wants to get in… please check it out
https://forms.office.com/r/mQxGxbEKrc
Thanks
Radhu6+May 29, 2024 at 11:31 pm #27840NikhilrajRegistered BoarderHi all,
Formation of the association is anyway a great initiative, thank you to all members behind this attempt . I believe most of the serious investors will join in this association .As per my understanding main Moto of this association is to closely monitor the activities of management and help the company to improve the corporate governance and also to act as a corrective force .It is not against the company but to ensure investor interest /rights are respected and help the company to improve the investor relation . In past We had seen many incidents were the basic rights of investor community was harmed.
If this association can have collective share holding of 5% + it is looks possible . Please correct me if I am wrong @radhutheoptimist .“Alone we can do so little; together we can do so much.” – Helen Keller
I request all the members to come up with their thoughts on this.
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