Rich Energy drop Haas. No...Really. Seriously...

Rich Energy drop Haas. No...Really. Seriously...

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Europa1

10,923 posts

189 months

Tuesday 16th July 2019
quotequote all
thegreenhell said:
Europa1 said:
thegreenhell said:
Registered company address changed to 'The BDG Group'...

https://www.thebdggroup.com

Not according to Companies House?
According the the screenshot (of the Companies House website?) that I quoted above, the address was changed to that of The BDG Group, then later amended to the exact same address but without the BDG Group's name in front of it.

Edit - it does appear to be a different address to that quoted on the BDG website, so who knows?

Edited by thegreenhell on Tuesday 16th July 21:16
You're right, they've filed an amending form. I suspect a paralegal has a massively painful arse at the moment!

p1stonhead

25,585 posts

168 months

Europa1

10,923 posts

189 months

Tuesday 16th July 2019
quotequote all
p1stonhead said:
Yep, see previous 2 pages.

andrewcliffe

978 posts

225 months

Tuesday 16th July 2019
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First thing this Matthew Bruce Kell has done on all the other companies he's currently director of, is to change the company name to some sort of random name, presumably to try and start severing ties with its problems.


Steamer

13,869 posts

214 months

Tuesday 16th July 2019
quotequote all
Europa1 said:
p1stonhead said:
Yep, see previous 2 pages.
laugh The person that posted the Opel badge as the new Lightning Volt logo

Megaflow

9,457 posts

226 months

Tuesday 16th July 2019
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This is unbelievable. Does this clown really think he is going to walk away from this mess Scott free? Is he really that arrogant...

Engelberger

509 posts

68 months

Tuesday 16th July 2019
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Looking at Companies House you notice the new director has replaced Luke Allen Pfister in a number of companies. Do a search for Pfister and you get someone who always claims to be american but seems to have several different addresses and dates of birth. The companies he is left owner aren't exactly the best with over due accounts as an example.

Newcombe House also seems to crop up a number of times!

EDIT - Steven Seagal had a energy drink called Lighting Bolt. Made from natural ingredients and very few cans were ever seen.

https://www.agonybooth.com/steven-seagal-s-lightni...

This is turning into an episode of Stranger Things

Edited by Engelberger on Tuesday 16th July 22:19

Gazzab

21,111 posts

283 months

Tuesday 16th July 2019
quotequote all
According to bdg :
: "We will acquire your company and you can resign and let us handle everything from that point on.

"Our team of lawyers, accountants and specialist negotiators will deal with everything, from preparing financial reports and negotiating with your creditors, to attending any necessary insolvency meetings.

"We will present your former business and your role in it, to all your stakeholders in the most favourable light possible.“

SpudLink

5,887 posts

193 months

Tuesday 16th July 2019
quotequote all
Steamer said:
Europa1 said:
p1stonhead said:
Yep, see previous 2 pages.
laugh The person that posted the Opel badge as the new Lightning Volt logo
I don’t really do Twitter, but the link above led me to this...


I think someone has nabbed the Twitter account name before they got around to it.

Ollywood

173 posts

142 months

Tuesday 16th July 2019
quotequote all
This site keeps a nice blow by blow account of RE troubles

https://thejudge13.com/2019/07/16/rich-energy-haas...

X-Wines are also part of Mr Storey's troubles and might have caused his downfall...



ChocolateFrog

25,552 posts

174 months

Tuesday 16th July 2019
quotequote all
I'd be lying if I said I understood all of what is going on but it's still fascinating reading what people are digging up and piecing together.

Can Storey get out of any and all commitments ref Whyte Bikes or is it still pretty cast iron that he's on the hook legally?

super7

1,939 posts

209 months

Wednesday 17th July 2019
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If you google Matthew Bruce Kell, he crops up time and time again as a director, taking over from another, then changing the name, then winding the business up.

Looks to me if Storey has tried to stitched up the minority shareholders and flogged his shares whilst trying to Bail out.

This is by no means over....more ste to come and poor for Haas.

As it still has the same company number, it still has all the same debts, liabilities and contracts in place. So I guess they are still on the line for the £35k and £35m

TheDeuce

21,828 posts

67 months

Wednesday 17th July 2019
quotequote all
ChocolateFrog said:
I'd be lying if I said I understood all of what is going on but it's still fascinating reading what people are digging up and piecing together.

Can Storey get out of any and all commitments ref Whyte Bikes or is it still pretty cast iron that he's on the hook legally?
He has assembled this entire scheme to be as confusing as possible and no doubt has engineered in mechanisms at each stage to limit his liability in whatever scenario plays out. I'm not sure he's managed to escape liability, but the situation is certainly far too convoluted for us as outsiders to fully get our heads around. I doubt even the courts are fully certain of all aspects - it's near on impossible to convey to a small panel of people the detail and effect of a scheme that the person orchestrating has had probably years to consider and assemble.

Nonetheless, he can't have wanted the copyright infringement order or the destabilisation of the whatever pyramid of companies he had carefully set up. On some level, this one went wrong and I'm sure that will cost him one way or another. Probably it will cost him most the next time he rocks up with a 'new idea' and is seeking investors.

At least Haas are ok. Their own screw ups are raising far bigger headlines in the F1 world than the hi-jinks of their sponsor will do!

Major T

1,046 posts

196 months

Wednesday 17th July 2019
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TheDeuce said:
Probably it will cost him most the next time he rocks up with a 'new idea' and is seeking investors.
Nah, that’s what the beard’s for. Clean shaven, new name, good to go again. Years in the making

TheDeuce

21,828 posts

67 months

Wednesday 17th July 2019
quotequote all
Major T said:
TheDeuce said:
Probably it will cost him most the next time he rocks up with a 'new idea' and is seeking investors.
Nah, that’s what the beard’s for. Clean shaven, new name, good to go again. Years in the making
That might work for you and I if we went on the blag repeatedly smile

But when your goal is to convince people to invest millions, those people tend to have lawyers that will dig up the past and present it all to their clients in a very easy to understand way - even if he's cunningly shaved off his beard by that point.

What's weird is that normally people such as him keep a very low profile, just in case it does go tits up. But he's put himself in centre stage. I think a good psychiatrist would struggle to work out if beardie is a genius or a crazy. I suspect one frequently overtakes the other depending on how his schemes are playing out.

Andy S15

399 posts

128 months

Wednesday 17th July 2019
quotequote all
Jesus, this stuff just keeps getting weirder.

So at this point, are the minority shareholders basically taking over control? Or has Storey one-upped them and sold on the company before they had chance and this is just a way of erasing the company?

cookie1600

2,130 posts

162 months

Wednesday 17th July 2019
quotequote all
Andy S15 said:
So, will we see an all new livery in Germany? Since the sponsor as it was doesn't exist any more...
I don't think at this stage you can rule anything in or out. The many twists and turns of this saga are so bemusing it really needs a full day set aside to go back through this thread (and others on the web) to try and make a timeline out of it. I certainly don't think any of this was planned to raise the profile of an obscure and impossible to get energy drink. I do think Storey has just been in it for the ride and hadn't thought any further than an hour ahead.

My personal feeling also is he may not be out of the woods just yet, even if the investors have promised to pick up all the fines and court fees incurred with the Whyte court case. Staxoweb and Storey (one and the same?) are still named as defendants, so are they not equally liable?

I wonder what today will bring and if the new named company and it's director (insolvency practitioner) will wrestle the Twitter account off Story, as he still has to go down in his very public blaze of glory?

cookie1600

2,130 posts

162 months

Wednesday 17th July 2019
quotequote all
Major T said:
Nah, that’s what the beard’s for. Clean shaven, new name, good to go again. Years in the making
I'd rather respond to a Nigerian businessman's e-mail asking for wired money to his account to secure a share in £2 million he is owed.....

ajprice

27,565 posts

197 months

Wednesday 17th July 2019
quotequote all
Andy S15 said:
So, will we see an all new livery in Germany? Since the sponsor as it was doesn't exist any more...
A week until they turn up in Germany. They would have to redesign the cars, trucks, clothes, pit gear etc with a logo/brand that we haven't seen yet. The Rich Energy website and Twitter isn't rebranded yet. F1 teams have a great ability to get st done, but I think that's pushing it. I think they'll run as Rich Energy, or run unbranded with just Haas on black cars etc.

Gazzab

21,111 posts

283 months

Wednesday 17th July 2019
quotequote all
Suspect Haas will still be branded Rich Energy for now. It will take time to transition to the new branding and they surely won’t want to remove the branding as this might create contractual issues during this sensitive time.