Dear Alchemist,The Alchemist wrote:After 8 pages of reading, the above exchange pretty much sums it up for me !Deepthi_Perera1971 wrote:Dear Sir,Wayne Abbott wrote:Deepthi you were hoping i would sign the sales agreement for the purchase of my shareholding to alleviate yourself from repercussions
The facts are at no time did i accept this offer the cheques are in a different name meloney the cheques are in rupees not usd
you at no time disclosed you were selling your shareholdings and only when you had finalized your supposed/imaginery sale over 3 years of payments with maloney/meloney which is rubbish knowing your track record maybe a fake sales agreement in place only but you sold out to get out and have other interests with so called associate roscoe maloney/meloney elsewere i have records of emails right up to middle of this year disclosing yourself as the chairman of all companies you are responsible Roscoe Maloney has also got out of sri lanka bit hard to be paid from his bank now?
deepthi you state you sold out your shareholdings to maloney/meloney for 36 post dated cheque payments as you have openly written in this forum have you been paid anything from Meloney sampath bank barnbalapitiya account 0050009134 as to me this is all fabricated to justify your leaving sri lanka there was no buyout for you you received a different proposition and wanted me to accept to alleviate further repercussions as i would have never received 1 cent rupee usd
facts why would someone buy someone shareholding when company has zero?all stolen by yourself and cronies within your group with your company accountant truly responsible for company balance sheets with you directing the ship
What ever my past track record, all you have to do is sign the paper and send to the escrow lawyer. I have paid,200,000 Rs. On behalf of you. Share certificates will be with him. Once you deposit the cheques upon realizing hi will lodge the Share Transfer papers. This is a very straight forward method. How can you say account is bogus with out depositing a single cheque. Thats not fair. And if Mr Maloney agreed to buy your share why would you worry about the Price. you Agreed to sell for 650,000 US$. There is no point of accusing me here mate.
Wayne, how you could invest usd 500,000 in a minority position (18 %) in a private company (Aspic) without suitably protecting yourself under the Memorandum & Articles of Association of Aspic, beats me. you could have protected yourself by including exit clauses by majority partner etc, akin to a poison pill, which would have it made it impossible for Deepthi to exit without your express consent / approval / payment.
perhaps you did not do so because of your past close friendship with Deepthi. if so, then it amounts to betrayal on the part of Deepthi. if not so, then it is contributory negligence on your part for not protecting yourself with a MOU, nothing a good lawyer could not have fixed at the time you entered Aspic as a minority shareholder.
Deepthi, You cannot expect Wayne to accept Post dated cheques from Roscoe Maloney without a bank guarantee, as consideration for sale of his Aspic shares, can you ? Come on - be reasonable. we all know Maloney's credit worthiness and credibility. LOLC securities forced sold his Touchwood shares in their margin account !
This was not the best option, I know, but there were no other options, Wayne was pushing me for 3 years, ad Aspic it self went for a downturn since 2008, along with the financial crisis, Industrial Finance, CIFL Asset Management, Aspic Development, Aspic Reality all four companies with three major real estate projects went for a Zero consideration to match the Transaction of IFL to protect the Group. This was not only about wayne abbott and his 18% I had over 1500 employee to protect. All was my responsibility, No one realize that companies collapse and only reason is not the management, so many other factors involved in it. And wayne abbots 18% I have 70% my money also gone for a six, I am also yet to receive my money. We must understand investing in Aspic is not a fixed deposit, you have to bear a certain risk as well, I am the one who faced, Tsunami killed 150 of my workers, LTTE attack on my salvaged Ship, Financial Crisis, all this episodes, I would have done if i had a better option. This was all what i had, so i offered to him. And he said yes. Now he say no.