[Saach]

Dear @Logan, I appreciate it and thank you so much. Rightly said that the moment has come where the true colors of skr are visible after a long time. I agree with your comments regarding that part of PW blunder of adopting the wrong method and involving himself. Simultaneously, I totally agree with your views/opinion under this circumstance to accept the active roles of skr in developing the company with his precious and hard work to achieve his initial target and true dream of transforming the company into global level. The role of Ram Sharma for the growth and progress of the organization and meeting with the expectations of shareholders are equally appreciated. Warmest regards.

[Saach]

@admin, Thank you so much for your prompt and quick action. It is a great step towards the efforts of every member of the form, in true words, appreciate it. Warmest regards

[Saach]

Dear @Logan, looking into current situation and very difficult position of the company due to adverse acts/deeds of previous management and tough war conditions in the area, no clear and straight option(s) is left for them except to bring the worst condition of the company and do the transformation. In such conditions, I believe, we have to be more patient as shareholders and extend solid support to come up from this type of toughest position. Warmest regards.

[Saach]

@Explorer, Firstly, please be honest with yourself and careful in writing in this forum. Secondly, may I know your date of joining this Forum and how much you have invested in this company? Who asked you to join and follow blindly and without own research work, any of this group? If you are addressing this message covering all the members, who authorized to comment on personal level of members of this Group?

Please address your message to Admn. of this group and make a official complaint so as to enable Admn. to look into the matter, seriously.

Warmest regards

[Saach]

Dear @Logan, your views and comments are so powerful and meaningful that makes me to think deeper and deeper, after going through messages. Very truly explained all the following points and I totally agree with you by depth of my heart which encourages me to have more patience for bit longer time.
+Quote:
“SKR will hold us hostage until he gets back to his previous positions in the company.”
“SKR is showing us that he cares only about himself and is willing to let lakhs of shareholders suffer.”
“If you believe the numbers to be true then SKR/company can reverse this somewhat by putting more efforts and bring the company back to normalcy.”
Unquote

I appreciate all your efforts, putting them in chronological manner that is amazing for me. With warmest regards, Saach.

[Saach]

Dear @vstvm, It is very well-known experience of retail investors; you must also be one of them, simultaneously, have noticed different activities of the Group as explained in the said presentation, what I observe that “NOTHING COMES FREE” whether you take Group and/or retailers. All the best wishes from this end and regards.

[Saach]

Dear @Logan, thank you so much, you cleared all my points so as it will also be useful for other newcomers’ knowledge, as well. We must have positive approach looking forward at the December’s results. Hopefully, management will surprise shareholders, once again, positively as declaring its future vision of growth (if they are serious). I am sure all the involved shareholders are expecting the same pleasant confirmation on valuable missing disorders, other important required action(s) from SEBI and not to miss out of appointment of CEO and CFO as you confirmed from time to time. Warmest regards.

[Saach]

Dear @Logan, I observed your points and understood your meaningful concerns, I appreciate it. But as explain earlier that your observations are always carry a good message for retailers. I personally agree with all your valuable points. Simultaneously, would like to add my concern and refer to the very oldest history of SKR who started his company and from time to time, kept on changing their names, status, subsidiaries etc. Is this change is showing the same pattern? Warmest regards.

[Saach]

@Logan, thank you so much for your explanation and link provided. Warmest regards.

[Saach]

@Logan, thanks for clarification, if it is so then why they called preferential warrants? It is a big relief to me personally, appreciate your quick response and clarification, obliged. Warmest regards.

[Saach]

@radhutheoptimist, an important point must be noted and as we are aware that all Warrants holders are having an Upper hand being they are enjoying all preferential benefits of the company, while retail investors will be considered in the last, balanced assets, if anything is left over! during the time of distributing the assets of the company, if the matter comes to that worst end. Hence, we have to support, think and co-operate with the existing retail shareholders and members of this forum since long time. Warmest regards.

[Saach]

@radhutheoptimist, I appreciate it all your efforts and messages in this group. simultaneously, a confirmation of joining by Shankar Sharma and having established contact with him from your end, is not a matter of excitement and/or reason for celebration by the retail shareholders. I agree with the message of @Logan and request you to please extend your support the members of this group, as well. Warmest regards.

[Saach]

Hi Dear @Logan, with due respect for your efforts and concerns for retail shareholders and salute for your precious research points carry a lot of weight. I absolutely agree with your conclusion. For your kind information and as confirmed earlier that our thinking on the same lines. Warmest regards

[Saach]

Hi dear @Logan, I always respect and appreciate your efforts, views, technical knowledge and much more. As I am sailing in the same boat and was having blind faith and trust in SKR. I fully agree with your concerns, as explained in your last paragraphs. But still have strong feelings that the case is not yet closed and if you go back and look into the old history and performance of this company before the change of company’s name to Lycos, you will observe the same scarry pattern of performance. I hope and am confident this is temporary phase will, definitely, pass smoothly and come out of this worst situation, as well. It may take a bit longer time. We just need positive thinking and patience to handle this terrible phase. Warmest regards.

[Saach]

@radhutheoptimist

Very 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.

[Saach]

Dear @Sobha, I would like to mention the reason for – quote – “why the share should underperform or keep under pressure for a long time.” because market does not accept uncertainty, doubtful cases and complicated governance. Now if we consider all your points about having 1500 crores in hand by selling his shares and SEBI’s final delayed final decision – that too is not so simple case to understand the depth of the consequences which definitely could be harmful for retail shareholders. This is all my personal comments without having technical knowledge about share market. Please note I am a retail shareholder not an expert in this field. In short, we have to wait for the final decision from SEBI and undeclared results for three quarters.

[Saach]

Dear @Odysee! Last paragraph of your message is well explained and positivity in the matter could be seen by the expeditious action from the management of BCG. I agree with your both points under these conditions, definitely, Deloitte forensic audit submissions could be a very useful tool for MCA. Simultaneously, do you see any possibilities of reversal and cancellation of those allotments of Warrants of 22 parties! Warmest regards.

[Saach]

Dear all, so cheer up and keep fingers crossed. This ray of hope could be the opening of new era. Warmest regards.

[Saach]

Dear @Logan, Hats off to you, I appreciate your efforts and honest views on the subject matter. Let me confess that I am also sailing in the same boat. I am 77 years old retired person. Your detailed explanation forced me to open myself to you. But one thing is definitely positive after having gone through the latest shareholding patten declared at the end of December wherein Van…… invested around two percent in their kitty, and increased share by other FII and Domestic mutual funds, as well. Now, I think it is a matter of couple of weeks and the real picture has to come out very clearly. Definitely, it is just my assumption and personal feelings. I am invested in this company since 2016. I am still positive on this company, why I don’t know the reason 🙂 Warmest regards.

[Saach]

@Logan, Dear Logan, just a thought during the time of issuing warrants and Preference shares SKR selected a group of limited close friends including SS and played a dirty game thus keeping retail shareholders in dark. While tendering his resignation from the post of CEO along with FC at the demand of SEBI, he might have big plans in his mind in consultation with so-called close friends and lawyers. Now they are acting in accordance with their pre-plan(s)! Under these circumstances, what could be the future of shareholders? I am not trying to create a negative scene in the mind of readers. but just a subject of discussions. Warmest regards.

[Author]

Posts