JACQUES BLANDIN, JACQUES BLANDIN FIRMWARE VISINC, JACQUES BLANDINJACQUES BLANDIN fake company kicked off the stock exchange
The search for visi inc plc delivered no results on the German Stock Exchange on 30Nov11. So yes the company had already been delisted. As for relisting !!! wait and see. Documents filed with Companies House state ;
03/05 DIRECTOR APPOINTED MR GLENN LESLIE WEILAND
03/05 DIRECTOR APPOINTED MR RICHARD JAMES WALKER
03/05 DIRECTOR APPOINTED MR JEAN JACQUES PIERRE GEORGES BLANDIN DE CHALAIN
The shares traded on the German stock exchange were those of VISI Inc Plc, a UK registered company. I think we are all clear on this. I think we are also clear, these shares were promoted on the back of VISI Inc with Registered Office Australia at 12th Floor Exchange House, 68 St Georges Terrace Perth WA 6000 Australia.
I understand VISI Inc to be an Australian registered company but cannot find it in the Australian Commercial Register! Could somebody help!
Jacques Blandin - President, Executive Director, Chief Executive Officer
Richard Walker - Non Executive Chairman
Glenn Weiland - Senior Vice President/ Executive Director
VISI INC PLC
Listed on 2011 Jun 3 at EUR 1.27
Price at 2011 Nov 25 was EUR 1.60
Weeks listed 20
Stock annualized gain = 68%
DAX move in same period = -9.0%
Raw Stock Beta = -8
YI, Richard Walker is currently Chairman of Visi Inc, as documented here: http://www.visiinc.com/investor.php Also, Visi Inc (FRA: VZJ) was delisted from the FSE last month, but may be relisted in 2012?
See http://www.boerse-frankfurt.de/EN/index... ewsID=6215
http://www.google.com/finance? cid=539817
Do we have any Visi Inc shareholders on this blog?
http://www.visiinc.com/investor.php
Yes, per the "Delisting of 148 companies" article, Visi Inc, PLC needed either total equity of 500,000 & a minimum par value of 10 cents, or a published prospectus, apparently resulting in the delisting. Also, Visi Inc PLC was formed via reverse merger of Firmware Technologies and a UK-based shell company, and renamed Visi Inc PLC. Firmware is shown to be incorporated in Delaware, USA, but operates out of Perth, which is interesting.
Here's a few more interesting articles:
Visinc tried to push their off the shelf software as being the real deal but it all a bunch of popcorn.
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