More can only now be told. Octopus loses another leg. The £90m+ loss for 2025 is a damning indictment of the Directors and Managers. Liquidation is the only logical solution.

After weeks of being effectively gagged, I have today filed my Witness Statement in the High Court ahead of the trial on 20 October, a mere 4 months after the AGM and another £15m+ into the pockets of Octopus Investment staff and their and our Directors.

A copy of my letter to those shareholders who have already contacted me, and to persuade "the usual suspects" at the various Nominee service providers (Gresham House says upto 35% of all shareholders) to pass on the message, is below and the pdf can be downloaded from my secure Box.com cloud storage.

Please read the full copy below and send copies or the link to any shareholder you know. 

https://app.box.com/s/zgba0oi4bh6lpmxxmxmnwjruk4a9bxye

.........................................................................................................................

The copy Court documents that can only now be revealed are:

1.  Octopus' application to prevent any shareholder ever asking to convene a meeting to propose liquidation

(Yes you read that correctly - against ANY and ALL shareholders not just me)

https://app.box.com/s/h8zjsi9drhbbh65odn3k1cb7wf14wi0q

I am threatened, I say improperly, with the "wrath of God" if I dare to make the referenced Witness Statement available even though it was read by the Judge amd "before the Court" in open hearing.

2.  My Acknowledgement of Service.

https://app.box.com/s/4lkidukemvpe8lqua8jim5hefoj67y1b

3.  Court order for trial

https://app.box.com/s/nsj6fqvma8l887sul2gajse942ftnglo

..............................................................................................................

As for the results (we have to really wait for the gory detail in the audited accounts) just a couple of starters to wet appetites:

Net cash outflow £17m - all into the trouser pockets of Octopus and Directors

Accounting policy change on Bond Income - adds £4m to income not capital.

£31m gain on Elliptic Enterprises Ltd. You don't yet know what I and the Directors know. Come along to the AGM on Monday 18 June to find out the real position that was hidden in Elliptic's accounts and just might give cause for concern about the reality of the claimed 300% increase in 2025.

Tax Loss carry forward now £235,000,000 worth £58m to a 3rd party. 

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The double-sided tri-folded addressed and posted Letter: 





 

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