Re: previous shareholders list. Initial observations below.

Whilst Brian Stockbridge is still be content to ensure that the IPO costs are not itemised, the NEDS at the time took a different approach.

From the Pinsent Masons Inquiry (Phase 2).

Ref 1: http://i.imgur.com/LKd1GH3.jpg
Active Management Services (Part of Iain Morgans Active Group) has a website here.

Ref 2: http://activemanagementservices.ae/

Ref 3: http://www.activecorporate.com/

Leaving him handily placed to operate a crossbar challenge no doubt. Another linked company, Active8Promotions advertises such an event.

A case of cherry picking and to the detriment of other shareholders?

Ref 4: http://www.active8promotions.com/products

For the record, Iain Morgan provided accounting services to Craig Whyte and his business interests. The formal introducer to TRFCL was yet again Jim Park, long time family friend and current business partner of the unofficial billionaire.

As for Asia Credit Corporation, more info on its history can be obtained free of charge here.

Ref 5: http://www.business.govt.nz/companies/app/ui/pages/companies/2360951

A previous director of Asia Credit is listed as Nick Alexander, wholesale provider of computers and accessories at 99 Delta Technology Ltd.

https://www.duedil.com/company/07654312/99-delta-technology-ltd

Who can forget the email from Rafat Rizvi to Charles Green (passed by Charles to Craig Whyte) dated 9 May 2012?

Ref 6: http://i.imgur.com/1Ls2NsJ.jpg

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