[Lycos_Investor]

Rightly said @XO09, lets not get swayed by this narratives. We as a group had taken the initiative of sending the mail and getting a reply on the conference call duration. Similarly as discussed earlier we have to meet SKR in his office and talk to him in direct regardless of the conf call clarifications.

[Lycos_Investor]

@lm I had mentioned your observations last week as well. Some wonderful narratives and chronology of events have been told in this forum, the outcome of which is till audited results nothing is going to happen.

But i assume we had made a conclusion that we will not be swayed by this narratives, we will wait for the conference call and meet SKR as a group to find real truth.

[Lycos_Investor]

What a irony, BCG is the only stock where the shareholders know Q3 results are going to be better QoQ and shareholders also know that it is not going to have any effect of the stock price and in fact it will not be suprising for many of the shareholders if the stock goes into lower ckt after results.
Hope the destiny changes soon.

[Lycos_Investor]

Watched this video earlier, most of them might have seen this too. But still negative mongers in the mc board kept posting that BCG is a paper company and the hyderabad office does not exist. Poor guys they tried hard to potray BCG as a paper company.

[Lycos_Investor]

It is as simple as it is 🙂 I am saying this because we have been shown future dreams in the past too and all those dreams have become past now. I dont want to forget the past and think of the future before any of the events(daum, pledged shares, Audits) indeed happen in the present.
Lets dream once events start to materialise one by one and then build on the future value of the stock and listing.

[Lycos_Investor]

I would say we are dreaming of building a house on Mars while we don’t have a house in earth.

[Lycos_Investor]

I would say let it cross the 8 mark first, later we can think of the 20’s, 50’s 100’s and dream about NYSE listing.

[Lycos_Investor]

Forum is not only to maintain positivity, any comments related to BCG (Positive or negative) can be posted with valid reasons, i would recommend deletion of comments only if it has cuss words or has personal remarks against a person.

[Lycos_Investor]

@VB hope your words are made true by SKR

[Lycos_Investor]

Also SKR has mentioned that the Q3 concall will be delayed due to his travel plans, i assume he is buying time to sort out few things before the concall to cool down things during the concall. Hoping to see some major investor update before concall.

Having said the aboive its frustrating to see lower ckt daily, hope everything is fine and nothing is wrong which we investors are not able to see and the sellers are sensing.

Still not able to digest, how BCG can go into lower ckt with all right plans and announcements.

[Lycos_Investor]

Good team work, apart from our mail i assume the silent company insider in our group is constantly feeding our comments to the management which also might have resulted in the communication. Whatever it may be atleast the two hour concall is agreed which is good for us.

[Lycos_Investor]

I dont have a iota of doubt that the new auditor will be for the merged US subsidary, bringing in a reputed auditor to audit parent company’s revenue which is very miniscule when compared to subsidaries doesnt make any sense.

[Lycos_Investor]

Dear Team,

I am sending this mail on behalf of a group of long term shareholders in BCG. First and foremost we would like to appreciate the chariman for his hardwork in growing the company and his efforts to try and resolve the various issues pertaining to the company. As shareholders we are keen to discuss with the respected chairman Mr.Suresh Kumar Reddy further on the various intiatives taken to resolve the issues, status of the resolved issues and the future growth plan of the company which will help us in making informed investment decisions. In this regard would it be possible for the investor relations team to check with the management team and enable a two hour conference call which is expected to happen post Q3 results.

I have briefed below few material events on which we might require clarification

Pledged Shares and Loans:
Shareholding pattern for Q3-19-20 indicates that the pledged shares have marginally increased. Would it be possible for you to give accurate data on the pleadged shares during the conf call or give an investor update before the conf call on the status of pledged shares and NOC on loans from SBI and canara bank.
Has shares been pledged with any other finance corporation other than banks? Based on the outcome of Preferential Allotment can the management guarantee that the Axis bank loans will be closed in Q4.

Daum Settlement and future of Lycos:
When are we expecting the Daum settlement to complete. Can the settlement amount and payment plan be disclosed to investors and why Kakao is delaying the final agreement.
What is the management’s opinion on the brand value of Lycos.

Subsidary Audit:
On the recent board outcome related to merger of subsidaries, Has the auditor been identified and the restructuring plan finalised or the auditor needs to be identified and has to work on the restrucutring plan. can the management give more details to investors on what the company is trying to achieve and by when will it be achieved and how the investors will be benefitted.

We also want to highlight the discomfort growing among the investors regarding the lack of transparency and corporate goverance on the part of the BCG management as the ivestor section of the BCG website has not been updated for a long period of time and the recent investor updates to the exchanges lack clarity and arise to more questions.

We are looking forward to a postive response from you.

Thanking you
BCG Long term shareholders.

[Lycos_Investor]

@Platinum member. Please find below letter. @admin or @xo9 please feel free modify/update and take it forward.

[Lycos_Investor]

If all members of this forum send a mail to IR team requesting for 2 hour conf call then the management would budge. Unless the Admin feels that his mail would receive a response from IR team and would mediate.

[Lycos_Investor]

I have sent a mail with lot of questions to IR team and increase in conf call duration. Awaiting a response.

[Lycos_Investor]

Agree with you @Lm.. I hope conf call duration is increased to 2 hours.

[Lycos_Investor]

Also it is clear that BCG stock is not going to go anywhere based on news. It would go only when someone decides to trigger it… I donno who that someone is.

[Lycos_Investor]

Friends are we still going ahead with meeting SKR regardless of the clarifications in the conference call.

I assume we might not be able to get the required clarification in the 15 min we get for asking questions.

Since SKR has detailed the restructuring plan to the board and the board has given the approval for his plan. It would be nice to hear from him on the outline of the plan,I am sure he would have the milestones he is trying to achieve and the time by which he is trying to achieving the milestone in the plan. And as shareholder we are entitled to know about the various measures taken for the growth of the company.

[Lycos_Investor]

I dont understand why he needs in black and white. Based on the notifications it is easy for Daum to re-open the case when the subsidaries are consolidated into one entity in US. If the notifications are coming out then i assume Daum issue is resolved. It is only to suppress the stock value for some reason. it is hard to believe that information is supressed due to Daum

[Author]

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