AN EASTER EPIC by OUR BUSINESS UNIT
A series of recent written communications from bankrupt company life president Martin Frost includes details of a guessing game with a £10,000 'reward', no less than 40 new ideas from the elderly members of an Avocet 'think tank', and claims this blog has "widely promoted falsehoods".
Copies of the various letters and updates sent to shareholders in Genfro Ltd., a business whose first set of accounts is now ten months overdue, have reached Not Just Sheep & Rugby despite warnings from Mr Frost that correspondence is tagged and traceable.
Mr Frost, whose discharge from bankruptcy was only recently 'suspended indefinitely', tells of his unsuccessful bid to have a firm of insolvency practitioners removed from their roles as liquidators of one of his worthless businesses. He also claims two of his computers have been hacked, and his data and password have been stolen.
The list of allegations in the various documents is endless. But at the same time investors are told of plans to take Genfro's operations out of the UK to the United States and the Republic of Ireland.
The April 7th missive includes the following: "This is a big weekend. I believe you will be most pleased when on Monday evening you realise who Genfro’s proposed donors are. Meantime you shall receive a number more newsletters along with more Lloyd Reports and revisions thereto. Note: those of you who guess our donors (and report such to Dr. Jennings) shall receive back a reward worth more than £10,000."
The Dr Jennings referred to is Dr 'Bob' Jennings, the other life president of the company. As a bankrupt, Mr Frost is banned from company directorships, and from running businesses.
Then, in a Word document dated April 8th, Mr Frost makes reference to 'The Big Lie' which he says has been promoted over the last few years by a named individual. This, together with Ponzi scheme 'smears' levelled against the Avocet Group has damaged its intellectual property.
Mr Frost writes: "The Scottish Crown Office and SNP used ****’s Big lie to adjudge the veracity of the **** story. Blogger Chisholm along with ****’s ‘Avocet Forum’ widely promoted the falsehoods as stated in ****'s Big Lie."
An earlier 'newsletter' carrying the date April 1st revealed that Doctors Jennings and a second doctor had 'continued to quietly work away in the background'.
"Out of their think tank they have produced much more new intellectual property, well over forty new ideas. True these men are in their eighties but between them they have more endorsed & proven intellectual property than any other living Englishmen.
"Happily, for Genfro, [the second named doctor] is a US resident where Bob and (he) first registered much of Avocet’s intellectual property and where often a kinder view is taken to protect US originated intellectual property from ‘bad buggers’. Currently, [they] are in the midst of an intellectual property review with BASCK LIMITED of Cambridge".
And Genfro's investors were also told that on Friday 31st March, Mr. Paul Newsham who has been associated with a number of Avocet businesses, had confirmed that HSBC was on behalf of Genfro able to accept a £500,000 deposit from Israel.
Said Mr Frost: "Discussions are ongoing how this £500,000 is to be absorbed into Genfro. The important matter is that £300,000 from this £500,000 will be outlaid on new & revived Genfro intellectual property: £200,000 will be used by Genfro to bring Genfro’s regularity regime up to date.
"Basck in conjunction with others shall produce by April’s end an overview of the worth of Genfro’s intellectual property. Similarly, an ongoing assessment of what other rights & assets Genfro has from the old AFS; AFS Ventures; and Avocet businesses. Bob plans that these reports are to be laid before Genfro shareholders prior to April’s end."
And the message to shareholders adds that there have been discussions on where and how
Genfro is run. "The synthesis of opinion is that operational wise the business
shall be overseen from Wilmington in Delaware, USA, and from Cork in the
Republic of Ireland."
By sheer coincidence, Not Just Sheep & Rugby this weekend received the text of an interesting document which was apparently published recently on the members-only Avocet Shareholders' Forum.
The Forum post cites 29 different references to newsletters circulated by Mr Frost between November 2017 and June 2022 "until now" giving details of planned investments and purchases linked to the Avocet concept. Sadly, none of the 'promises' materialised, according to the document.
Without wishing to promote falsehoods, here is the list which Genfro's life president(s) may wish to address in a future 'newsletter':
AVOCET
November 2017 - "Russian investors have made a £200 million offer for the company".
July 2019 - "Master franchises for Avocet Bio Solutions Plc, Avocet Africa Plc, and Avocet Middle East Plc have been sold".
September 2019 - "Avocet is currently in discussion with three potential JV [joint venture] partners".
September 2019 - "There is some £20 million of equity funding available for Avocet Africa".
September 2019 - "Middle Eastern investors will facilitate a two hundred million fodder sale to Oman".
October 2019 - "A prominent Maltese businessman will be taking Avocet's ship bunkering avocet methanol plans forward".
October 2019 - "Kuwaiti investors have promised 100'as of millions of investment into Avocet Middle East Plc and also Avocet Natural Capital Plc."
December 2019 - "Avocet has been approached by Russia's Gazprom (major multinational energy corporation)".
December 2019 - "There is significant interest from Turkish, Libyan and Maltese investors".
December 2019 - "Irish financiers who have access to some 20 billion of EU funding want to invest in Avocet's biogas to methanol, epigenetics, and carbon capture technologies".
December 2019 - "The Bank of China is actively looking at supporting Avocet Bio Solutions Plc".
December 2019 - "Three separate Chinese investment groups are interested in setting up a China master franchise; becoming a golden supplier; investing in or purchasing Avocet Natural Capital Plc and/or Avocet Bio Solutions Plc; investing in Avocet Africa Plc, Avocet Middle East Plc and Avocet South America Plc".
January 2020 - "Mr Amar Sharif will purchase one million shares".
January 2020 - "Sizeable investment suitors from the Middle East are interested in buying out existing ANC Plc shareholders".
February 2020 - "The issued share capital of ANC Plc will be increased to 350 million one pound fully paid shares with the bulk of this new investment coming from the Middle East and China".
February 2020 - "The Chinese have expressed interest in buying out the Avocet intellectual property related to the containment of swine fever and coronavirus".
August 2020 - "Five Japanese conglomerates have a very real interest in investing in Avocet's green methanol production and derivatives".
August 2020 - "The 'mystery investors' will buy £42M worth of ANC shares at £3/share and will inject £750M of capital into Avocet NC Ltd".
GENNFROS/GENFRO
October 2020 - "The 'mystery investors' have abandoned Avocet. Instead they will invest £42 million pounds for 25% of Gennfros, a new company with only four patent applications".
January 2021 - "The 'mystery investors' will build an £8M R&D Centre".
January 2021 - "Chevron, Total, and Rosneft will enter into joint venture agreements with Gennfros, followed, in early March, by many other oil companies".
January 2021 - "A 'major' oil company is offering £50M for Avocet IP Ltd., and £200M for all of Gennfros Limited".
February 2021 - "An offer of US $100M has been received for the air-to-fuel patents".
April 2021 - "An offer of $50M has been made for the residual IP in Avocet IP (after the sale of the air-to-fuel IP)".
May 2021 - "The 'mystery investors' will buy Omega Infinite, Orrdone Farms, ANC Plc and Avocet Bio Solutions".
May 2021 - "Parachute Holdings, a company with annual revenues that exceed the GNP of Scotland, will invest £400M into Gennfros".
October 2021 - "ANC Plc has sold the air-to-fuel IP for US $40M, $20M of which has already been received by ANC, and a further US $20M is due in January 2022".
March 2022 - "A deal has been concluded with a foreign government that has agreed to pay £400M for all of Gennfros' intellectual property".
June 2022 until now - "The Israeli Intelligence Service will give extravagant gifts to Avocet and Gennfros shareholders".
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