[Diana Horton]

#11147

Coming to the issue of LOC

This Hide and Seek Drama has been played since White- Oak days (mid 2018 onwards).Eventually WO was washed out, using the blame game on one of the exiting investors conviniently, quoting Sub Poena.

We know the Management strategies and How Dirty, it has played so far. We do not know the ACTUAL Reason of WO pulled itselves off.

Coming to the current situation of the LOC.

So much drama…..

So much Drama….

So Much Drama….

90% work done…. 95% work done…. 99% work done…. Covid… Audit… BDO… Conglomeration…1 year , 18 months, 2 year… Blah Blah Blah….

The CEO on many occasions stated, it will be ready in 1 month, 2 months and so on and so forth.But, the reality is a BIG ZERO so far.

When the Hyderbad team goes to the Office, the CEO conviniently shows some data to CONVINCE the share Holders. Not sure, How much data was MORPHED…. in my opinion, its a High probability.

BUT, the Pathetic Real TRUTH is, the CEO HAS NOT SO FAR CONVINCED the LOC Funders so far, to get the LOC sanctioned – For HOW LONG?????? 1 year, 2 years, 3 years ????

If the BOOK were clean as a WHISTLE then this kind of procrastination is a NO Brainer.

If the Books are Filled with COBWEBS, then, such intense scrutiny, etc etc etc happens. Eventually leading on to Delayed Funds in hand- Once again leading on to the same vicious circle of Liquidity and crunch.

So, Once again- not having enough cash/liquidity state- is rather SELF INFLICTED ones, because of the Combination of

1. Hammering thier OWN market value for Selfish and Mean reasons

2. Not able to get LOC kind of Funding – because of Book entries- Not stright forwards and possibly full of Cobwebs.

All comes up to one thing- Attitude and Crooked thinking of the management.

Fence Eating its OWN CROPS…

………….DH

[Diana Horton]

Responding to # 11146

The Biggest Advantage of being a Public Listed company is all the Luxury of taking advantages of QIPs, Warrants, Pref Allotments and all other modalities of Revenue Generation mechanisms and utilising the same at the Best interest of the company.

In BCG situation, The Management acted in thier Own interest wherin, STUPIDLY, Allotted both the Pref Allotment and Warrants at a MEANINGLESS and ATTROCIOUS price in single digit.

The Company UNDERVALUING itselves for the MEAN and GREEDY sake of getting warrants at PENNY levels… Pityful PENNY levels!!!

ULITIMATE IDIOCY and Greediness to the core.

If the same PW and PA were allotted at say at par Book value or higher three digits, then the Revenue generated would have been worthwhile.

Here the Interest shown is ONLY in GARNERING the SHARES for SELF at Lower price (massive dilution at 7.7) rather than at Companies Interest or Share Holders interest.

Its a Vast difference between say approximatly Rs 250 Crs (at pathetic Rs7.7) to Rs 2500 Crs Generation (Book Value PW, if allotted) from the PW allotment.

If the PW allotment was raised at Book value and to real General Public retaliers and instituitions and not for SELFISH and Mean reasons, then, the revenue generated would have been so much big which could have been used for the betterment for the company.

Here the MOTIVE of the Management is Totaly different.

The so called BCG is not having enough cash/liquidity to take advantage of the current situation in the market could have been mitigated, If the Management really would have let the Market determine its own price.

In order to get the warrants at Low price,and for Accumulation by all DIRTY means, The Stock Price has been kept under the WRAP – for years…

So, cash and liquidity situation is rather a self inflicted one- by itselves – by the Arrogant, and Mean attitude of Needy

FENCE EATING IT OWN CROPS

…………….DH

[Diana Horton]

We will be a DEBT FREE COMPANY in a week’s time– The Promoters was Gleaming in the Conference Call. I could sense the PRIDE in his words and a sense of achievement.

It is an achievement indeed, especially in a World where Debt is a Common word that has been used in the Equity markets by Majority of the companies.

It has been a Tumultuous 6 years, the company has gone through. Big Hurdles, Dog eat Dog Sector, Very competitive environment, Court case, Big Legacy debt, Wrong Decisions etc etc etc. Certainly costed our company and was reflected directly on us the share holders. If one is not Razor sharp and hasnt got distant vision, this company would have disappeared in the thin wind long time ago.

I certainly need to Give proper appreciation to the One Man army and his team for having sailed the ship in the very difficult period safely and steadily.

The Biggest quality I have liked in the Promoter of the company was the ENTERPRENUERSHIP. Never once in the past 6 years I have been with the company have seen, the promoter uttering, a negative View of the company nor painted the picture Grey at any point of time. He always have given a Positive spin to the company, come what may be.

A True Entrepreneur NEVER GIVES UP. If the promoter at any point of time had given a speech with Drooped shoulders, we would have dis invested in the company a while ago. On the same page, a PAT on all our shoulders aswell- We as share Holders of the company – although have suffered heavy losses, being associated with the company, at any point of time, never Given up on the company aswell. The Rare Breed of so called- Ardent Investor or the Long termer.

Now, a MEGA game has been played by the One Man Army. Whether the game that was played – Constitutional ( As it happened with time) or a Well Planned 5 year Strategy… It will be Very hard to decipher. I suspect, It might be a Combination of both.

We as Retail Investors always view progress as a CROSS SECTIONAL image. Ie… Once in 3 Months, we hear from the Company. For the retail investor, what was told during the Previous Conference call is like a MANTRA. We expect follow up on what has been said and what happened to it and we Mull on it. ( todays Q asked about conglomeration of various Subs etc)

For the Management – It is a LOGITUDINAL image, i suspect. They go with the flow. Make decisions as it comes and as it suits. By the time the Next Conference call is there, the Bus has Long Gone past the point , possibly in a totally different direction. That is Fluidity and Adaptability,based on multipke options that are vailable, I guess.

The Bus going in a Different direction won’t be of much bother, if the stock price was high and appropriate. But, as there are heavy losses incurred , Every damn Pit stop(information) that has been told by the management is GOLD and a VITAL Threshold point and are pegged to the share Price( The Management has patronised this in a Very Big way aswell). The expectations of the retailers (Not WRONG atall) and the pegging those expectations on to the events , gave Grief in presence of hammered stock price.

The Mega Game that has been orchestrated – like the Govt 5 Year plan – has been used to sort out MULTIPLE EVENTS eventually CULMINATING towards Indirect Mega Stake allotment for the necessary people.

We all have COME PAST very ROUGH and THORNY road. Today the VOICE LANGUAGE (If there is any such word in the dictionary! ) of the Promoter was SO POSITIVE (never been negative) especially after sorting the Multiple issues along the way.

The Stock Price has been made to consolidate at the PW price which is understandable

As, Almost all the issues are sorted , but for the clearance of the warrants by the exchanges, we wish the Management of BCG the very best, for steering the ship steadily during Difficult times along with futuristic vision.

One Request to the Management: Once the Warrant allotments are done, Kindly do not play any more Market games. We the share Holders have stood alongside the company during difficult times.

In the First 5 Year plan, the management have successfully planned and sorted all the pending issues and increased the stake appropriately.

In the Next 5 Years to come, as deciphered from the conference call talk positivity, We alongside you, are also EAGER to see a BCG growing into a Multi Billion Dollar company and thereby all of the Ardent Long Termers and Retail investors are rewarded appropriately.

……………….DH

[Diana Horton]

@anirudhreddy…

Many Thanks for asking me an opinion.

First of all I thank the BCG mamangement on behalf of the retailers for taking efforts,respecting the Emotions of the retailers and coming out with a Clarification Note.

Looking at the Notification, It appears that the Axis Bank where the Loan is held has possibly given a Nod in the Loan clearance process. However, the Final authority needs to come from the Head Office Considering the Court Process thats going on and the Amount of loan.

The Very Fact that Rs 5 Crore was paid yesterday shows the positive intent by the BCG Management.

in my view, Clearly The correspondence from the Deputy Vice President confirms what the management has requested of them- REQUEST of SETTLEMENT, along with deposit payment- is certain Good Move in the positive Direction.

We thank the management for the Cautious deed in, formally informing the Retailers and keep the retailers abreast of the development and offering appropriate Clarification at the time of the Need.

We also wish that the management before the Conference Call gives as all- a Good News, both from the Legacy payment closure and Warrants approval and thereby start steering the Vessel Move forward to the appropraite destiny, smoothly and steadily

…………………DH

[Diana Horton]

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[Diana Horton]

@vgsatwork #10845

Many Thanks for bringing these topics.

CREATE an ILLUSION of OPTICAL ARTIFICIAL HURDLE- PEG those events to the Rigged and Muted Share price and Blames it on the So called Markets

“1. Consolidation of subsidiaries into one company (Informed about an year back in Feb 2020). No follow through updates
2. BDO audit – Last update in June 2020 said that Audit is on going. No follow through updates
3. Daum – Discussion on Lycos settlement – Last update was in June 2020. No follow through updates”

As we discussed , the Cunning Fox , in the 35 Minute slot with the retailers in the form of Conference call- Comes with BoLD headings- To CREATE an ILLUSION of OPTICAL ARTIFICIAL HURDLE– Never to be Followed up

He then PEGS those events to the Rigged and Muted Share price and Blames it on the So called Markets. This has been the STRATEGY

If One Hurdle vanishes out in the Natural History then the Foxy Guy will make another MOUND out of a Molehill to make it as a Issue and PEG it to the share price and RIG the price – PLAY with Words in the announcement

This has been the Foxes Strategy ever since 2016. Have you all wondered, How this Fox , Creates and Comes up with New Events and makes it a Hurdle and PEGS it and associates with share price and cleverly Blame it on the MARKETS!!!!

May I Request the RETAILER COMMUNITY – Please- to Post all Such Artificial Events that this chap has Created and Associated with Share price and to BLAME Only on the Markets

The Next topic , I need to Expose , is How this Foxy Mind, has utilised the MMB Board to his advantage- The Mechanisms through which this was done- FENCE Eating its OWN Crop

………………DH

[Diana Horton]

The FOXY Mind……

1. The Share price shouldnt Go Up untill Target is met

2. For which Hyped Up Axis Bank issue has been played catalyst since Aug 2019

3. Warrants approval Not in Hand, yet- Hence dosent want to PAY Axis bank in Full

4. Need to play Bikaari Drama in front of the Judge to prolong the event untill warrants are done.

5. Need to soothen the Irritated retailers by playing with the Words in the public Announcement

6. Have Got the Full Capability of paying funds- When Compelled and hammered hard by the Honourable Judge. The issue is – Voluntary Procrastination attitude which Costed the company to shell 20 Crores more and Augment share holders misery

7. RIGGED the share price,ever since 2016, in a carefully planned Methodical 5 year saga- Just to get the End Point of Increasing the stake – at the cost of SCREWING OWN COMPANY shares and its Retailers.

[Diana Horton]

@sobha

The Daum issue was a Long Drawn saga. Let me scribble my postulate,considering the Koreans havent disturbed us for more than 2 years. Why would that be? They were quite aggressive 5 years ago and for past 2 years pin drop silence!!!

As we all know, the Koreans tried various tactics and the Court case was long drawn.

Eventually Daum did not have much stand at the end of the trial based on the final verdict when the court case was dismissed, only to approach back, if need be( 2 years ago)

BCG Management exemplarily compartmentalised everything in such a way that all the Assets were secure- That was Master Stroke.Commendable.

The Koreans played Spoil sport during the First LOC- The WHite Oak, if we all remember, they Sub Peoned them and White Oak developed Cold Feet and with drew.

The Court case was eventually got dismissed and to get back If need be.

Because of the Compartmentalisation, all BCG assets were secured and Koreans would have been made to understand that Funds will only be paid, If LOC materialises, as the parent is not that rich perse.

Theoratically, I suspect koreans might also realise that, They might get what will be authorised by the LOC committee as a Portion that might need to be given to the Koreans.If the LOC stipulates a X amount Should only be given- Not only BCG nor the Daum guys can give or ask more.

Apart from this the Koreans after tried all avenues dont have anything in thier sleeves to get anything from our parent. Also, BCG parent dosent have anything to offer them as thier local revenues arent much either.Thats the theoratical truth.

Besides, Lycos has been given back to daum technically untill the payment is paid. Theoratically Our parent can also say eventually (If LOC dosent materialise) that Koreans can very well keep LYCOS, if LOC dosent come through.Lycos is also a Rapidly depreciating asset.

So, it is a Catch 22 situation where BCG parent has high advantage as I suspect the parent themselves will not see Lycos as an very important asset that they will be craving to get it back.

But, as it is a Moral liability, The parent might still be inclined to pay what actually needs to be paid to the Koreans, provided LOC comes through.

Hence, It is my theory and Opinion as to why the Koreans are silent and Our Parent has much significant and advantageous edge in the Daum case scenario and essentially a Dead Rubber.

The whole credit actually goes to the ONE MAN ARMY supported by his Support team.

…………….DH

[Diana Horton]

@drpram

With the anticipated Formal closure of legacy debt closure, the long standing issue will be coming to an end

Daum in itselves is almost a written off issue. Lycos on the balance is not going to bring any value addition as discussed earlier, as the world has moved far beyond in a fast forward way.The Koreans themselves have not been too keen as the last court hearing and discharge of the case was noted by March 2019.The case has been written off by the judges and there is no pressure on BCG , theoretically.So, when the LOC funds are available, then, the payment can be made to the Koreans as appropriately and as need be.

LOC will be useful for the near future accelerated growth of the company.

Warrants approval is the only probable practical temporary hindrance. The way in which conference call has been announced in a week’s time, gives me a suspicion that the management is expecting something in the forth coming week regarding the same aswell, hopefully.In the past , irrespective, conference call has happened during Mid week aswell. Based on this, Its my strong guess along with the mathematical timeline needed for approval time, this should also materialise in the coming week, followed by confirmation of walk the talk by the management.

Markets (our sentiments)always reacts to news and settles down after glorious settlement and validation of the stated news.

In nutshell,but for pending Warrants approval this week,it’s my opinion that, there are no practical hindrances I am expecting for the true Market cap realisation.

It is desired by all retail participants that the Management respects the true sentiments and fullfill Thier valentine’s Day wishes in the form of true realisation of Market cap

Our support to the BCG management in achieving this in par its world wide peers

…….DH

[Diana Horton]

Team BCG Management ….

Many thanks for the sincere action put in place to close the legacy debt.

We all as share holders do appreciate this deed and request the management to walk the talk successfully.

Also, our request to the management, is to make use of the great Indian and Global Bull run and get appropriate valuations for our BCG.

Happy V Day, the hero always being our BCG

……….DH

[Diana Horton]

@VGSATWORK #10799

With BCG , the shown Book Profits are not REAL actual Profits, because of stuck receivables and Cross Border restrictions allegedly and Liquidity concerns

Regarding the 33 CRORES- LIke wise, The ACCOUNT revealed might Not be Real Money that is sitting in the Account, (Once again because of the same liquidity issues;-)regarding the 31 Cr that SHOWN to be sitting.

So, unless , the Hyd Group visits the Office and looks into Real time Bank accounts of the sitting funds of the Rs 33 Cr – NOthing is REAL as Far as BCG Management goes.

If the Funds were sitting there, Any SENSIBLE MANAGEMENT, would have sorted the pending issues, Lon time ago.

So, either the Fund is Not actually sitting there doing some other job ( or a book enrty rather ) or It is SITTING There and the MANAGEMENT dosent want to close the case – BY WILLFULL NEGLECT

[Diana Horton]

@retailers

We all know regarding the BCG MANAGEMENT.

The funds that was raised for payment of Axis bank has not been deployed.

The 33 crore ,if sitting, is sitting like a duck, because of shear ( is this called the ducks are lining? It should be the ducks are made to sit in a line) personal wanted inaction by the needy and using it as a tool against all of us, to keep the share price suppressed, in the name of pending stuff!

[Diana Horton]

@logan 10789

I am sure you will agree that the Management has played an extremely dirty game here

Now, can you also agree, that, the pending issues are not wantedly not resolved to play the dirty game.

The management could have and should have paid off the Axis bank and Axis bank in itselves is not an issue, but kept as a pending issue by the needy

Also the share price that is kept rigged down is not because of the pending issues as shown, rather, it’s the other way around…ie…rather stuff are kept pending for the needy to look into the needs?

Despite funds there in the kitty, the management purposefully, didn’t finish off the pending issue and kept the company under the threat of NCLT, ( HOW FAR BENEATH THE MANAGEMENT WILL GO)

Shame full

[Diana Horton]

@vgsatwork

Exactly my question aswell. The preferred funds were raised for sorting this out.

Koreans have been sitting ducks for a long period of time

Company is going in the pathway of NCLT.

This in itself shows the dirty attitude of the management.

So long we were told stories by the management

Upon hearing from my sources with Axis bank, it’s shocking to hear what kind of double game the BCG management has been playing to keep the unfinished business kept unfinished, despite having funds in hands

Any sensible management would try to get its name cleared

The management on many occasions stated they were working CLOSELY with axis Bank and will close the issue at the earliest.

But, clearly not so…

……..DH

[Diana Horton]

@ BCG MANAGEMENT:-

You can take this as a , Request or plead or Caution or Warning.

We Retailers are giving time for you to sort out all your games, untill the allotment of warrants, as we all know it is for whom the final product is going to go.

I have already discussed atleast 5 dear topics where the management hands has been proven and covered with filthy dirt, for which we have evidence. There are a lot more uncovered topics.

If rigging is noted beyond the warrant allotment, we sternly warn you, that, we have enough evidence to bring you down to the knees.

At the point of time, we all will let you know who the actual C L O W N S were…

Passionately

……..DH

[Diana Horton]

@sobha .

I am getting information DIRECTLY from my Axis Bank sources, currently that the Final settled amount was Rs 21.3 Crore and NOT 2 or 3 crore more than 33 Crores

Kindly check with your sources

The BCG Management has been CHEATING all of us.

I just Now confirmed from Axis Bank sources.

They confirm it was settled to Twenty odd crores during MID 2020. Currently, it Teens and not in Twenties.

so, Once again.. the basic Question

WHERE is the Rs THIRTY THREE CRORE ?

Why did the management not sort the Axis Issue , despite raising funds and having Funds with them all the time

[Diana Horton]

@sobha:- For the company , Paying Rs 2 Cr as DIVIDEND is also an issue, let alone Rs 11 Crore – Not an issue.

Axis asking Rs 35 Crore is not what stated by the management.

There was an amicable amount accepted by both the parties and the Only pressing issue was Axis Sobha.

Daum was a settled issue as stated by the Management way back in the month of March 2020 and the Koreans themselves are not pressing on it.

Once again the basic question is

WHERE is the Rs THIRTY THREE CRORE ?

If we go through the books, the Rs 33 Crore should be sitting in the bank accounts with the PARENT.

If a REPRESENTATIVE of RETAILER community goes to the Office tomorrow, Will the management be able to show the Rs 33 Crore sitting in the Bank account and Can the Management explain why it did not sort out the PRESSING and PENDING Axis despite NCLT THREAT?

[Diana Horton]

@sobha #10788

Even during the last conference call the Management stated that the AXIS amount was fixed and it was a matter of time before settlement.

Daum as told by the management are ready to wait and is not a Big Bother

If the funds were fixed for Axis ,

Once again , the same question comes to HAUNT us all.

Where are the Funds?

What was done with it?

and Why Did the company NOt close the Axis Bank issue?

WHAT Happened to the Rs 33 CRORE ??????????

……………..DH

[Diana Horton]

The Drama fabricated is –

A. Foriegn funds cannot be brought in because it will affect the business, allegedly(Peanuts)…

B. LOcally Raised funds that too raised specifically for sorting these issues via Preferential issue were Not DEPLOYED to sort out the so called Issue

C. The Pending Issue is still kept pending ( To Buy time for sorting needs and to state, Oh there are pending issues and hence the stock wont move (Holy Grail statement- rather HOLIEST GRAIL)

Are we Retailers C L O W N S in this whole Orchestrated DRAMA?

I SMELL ROTTEN FISH here. A Major Fabricated News is circulated.

# What happened to preferential money # scrutinise Books #WHERE ARE THE FUNDS? # Jagoo retailers Jagoo # Socho Retailers Socho

…………….DH

[Diana Horton]

Odysee #10783 . Thats Not true.PO funds being Frozen looks like a Fabricated News that Funds has been Frozen.

Can anyone show any evidence that this has been Frozen?

The Preferential issue Funds were INDEED raised to sort this out.

The Company dosent have any other best interest apart from sorting this issue.

If it was raised, It appears to be STUPID that the funds will be FROZEN for DISCHARGING such Duties.

The management stated they cannot bring back funds from elsewhere to sort this issue. Funds were raised for sorting this issue LOCALLY!!! The Company has No Major Outlying issue. The Domestic profits of the company has not increased either, if this fund were put into use for business purposes , which the company dare not do it aswell. So.., WHERE ARE THE FUNDS?

[Author]

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