YuuZoo Networks   

Never ignore Yuuzoo s future as your nest eggs

Normally in an acquisition, there would be a due diligence report.   In this case of CLF, I don' t know if there is one?   It would be really good if there is one although it might not be necessary since it is just a joint venture and not a 100% takeover.

 

no one challenge the chairman on his many dope investment went bad?

 

This is normal in AGM, should send people guard the food or serve it  till AGM finished.But cannot be help investors also loss lot of money......Another option issue vouchers or don' t give food at all like Singtel

Demostation      ( Date: 08-Jul-2017 11:59) Posted: Those who attended the AGM yesterday would know that the BT report were based on misinformation. Ass Prof Mak was also there to ask all the raised questions that appeared in the report.   He did a good job to bring home a few points to the board and the auditors.   He seemed satisfied with all the answers.   A jornalist was also present and the Chairman did a good job re-explaining most of the points raised and answered to everyones' s satisfaction.   The dissatisfaction one will get is that the food were scooped finished by some unscrupulous uncles/aunties when we came out of the meeting auditorium.   Not that there were insufficient food being catered, as evidenced by the empty trays.   The greedy uncles/aunties who just attended for the food and when the food arrived, they packaged and took home for their families while everyone is in the meeting.

 

Even yuuzoo also got tupperware platoon!

Demostation      ( Date: 08-Jul-2017 11:59) Posted: Those who attended the AGM yesterday would know that the BT report were based on misinformation. Ass Prof Mak was also there to ask all the raised questions that appeared in the report.   He did a good job to bring home a few points to the board and the auditors.   He seemed satisfied with all the answers.   A jornalist was also present and the Chairman did a good job re-explaining most of the points raised and answered to everyones' s satisfaction.   The dissatisfaction one will get is that the food were scooped finished by some unscrupulous uncles/aunties when we came out of the meeting auditorium.   Not that there were insufficient food being catered, as evidenced by the empty trays.   The greedy uncles/aunties who just attended for the food and when the food arrived, they packaged and took home for their families while everyone is in the meeting.

 

Those who attended the AGM yesterday would know that the BT report were based on misinformation.
Ass Prof Mak was also there to ask all the raised questions that appeared in the report.   He did a good job to bring home a few points to the board and the auditors.   He seemed satisfied with all the answers.   A jornalist was also present and the Chairman did a good job re-explaining most of the points raised and answered to everyones' s satisfaction.
 
The dissatisfaction one will get is that the food were scooped finished by some unscrupulous uncles/aunties when we came out of the meeting auditorium.   Not that there were insufficient food being catered, as evidenced by the empty trays.   The greedy uncles/aunties who just attended for the food and when the food arrived, they packaged and took home for their families while everyone is in the meeting. 

 

Cinram acquisation expire today why no new ??

 

And if its true what people rumoured about you, you must do all you can to make it looks like not true.   Only Yuuzoo must make the effort. Lol.

 

This could have been due to many adverse talks in forums and media about Yuuzoo.   As we all know, reputation is important, successful people and businesses don' t want to be drag down by poor perceptions (ratings even if they are not true),   that is why sometimes you need to protect yourself by suing anyone who bad mouths you without basis.   Our PAP ministers had been a good example, they would appear overprotective, but sometimes it cannot be helped..   Once down very hard to come up.  

So hope Yuuzoo begin to correct the public perception of it being too much " alibaba" , then not only Ah Jack will have a second look, but also other investors will begin to flock into the company.

I think after the new auditors accepted the job, and Yuuzoo showed making good profit, Yuuzoo' s image has improved.

Lol.

TanSiBeiKu      ( Date: 30-Jun-2017 11:03) Posted: " Chinese e-commerce giant Alibaba is ponying up US$1 billion (S$1.3 billion) to boost its stake in Southeast Asian online retailer Lazada, ahead of Amazon' s much-anticipated entry into the region. On Wednesday, Alibaba said it will increase its stake in the company from 51 per cent to about 83 per cent, bringing its total investment to over US$2 billion." Why ?? Thought YuuZoo has JV with Alisports but why Ah Jack don' t even bother to look at YuuZoo which has a mkt cap of approx US$45mm ? Any long term shareholders care to share their views on this ?

 

" Chinese e-commerce giant Alibaba is ponying up US$1 billion (S$1.3 billion) to boost its stake in Southeast Asian online retailer Lazada, ahead of Amazon' s much-anticipated entry into the region.

On Wednesday, Alibaba said it will increase its stake in the company from 51 per cent to about 83 per cent, bringing its total investment to over US$2 billion."

Why ?? Thought YuuZoo has JV with Alisports but why Ah Jack don' t even bother to look at YuuZoo which has a mkt cap of approx US$45mm ?

Any long term shareholders care to share their views on this ?

 

To learn more about Yuuzoo and ask questions, don' t forget to attend the AGM Friday 7/7/17.

Am sure many of the retail shareholders and longterm shareholders would be attending to fire some questions.  

 

 

Inching up.
Undervalue.
Likely to chiong b4 07.7.17 above the bullish cloud, all the sevens.
Heng nos.

 

Crappy website Yuuzoo are operating

 

one of the guys said it will maintain at 80.... so accurate mmm did he know any insider news lol

Stanton      ( Date: 22-Jun-2017 16:55) Posted: Does this means new CFO run road before AGM? Anyone knows? Check out this job at YuuZoo Corporation: https://www.linkedin.com/jobs2/view/123627242 You can also check as linkin. Demostation      ( Date: 22-Jun-2017 16:45) Posted: If 80 can sustain, tomorrow or next week, we can see good action before the AGM at International Business Park on 07/07/2017.   Fengshui numbers.   Good sign

 

Does this means new CFO run road before AGM? Anyone knows?
Check out this job at YuuZoo Corporation: https://www.linkedin.com/jobs2/view/123627242
You can also check as linkin.

Demostation      ( Date: 22-Jun-2017 16:45) Posted: If 80 can sustain, tomorrow or next week, we can see good action before the AGM at International Business Park on 07/07/2017.   Fengshui numbers.   Good sign. Demostation      ( Date: 22-Jun-2017 16:24) Posted: Some points in the case: Hecklerco claimed in July 2015 that Yuuzoo and its management knowingly made false statements that duped the investors into both buying tens of thousands of shares of Yuuzoo stock and making a $245,000 loan to the founder and former president of Yuuzoo, Ron Creeve. The investors claim that Yuuzoo grossly overstated its value at more than $380 million, inflated its sales figures and failed to tell investors that accounting irregularities had prompted the  U.S. Securities and Exchange Commission  to reject the company&rsquo s bid to trade publicly in the U.S.

 

If 80 can sustain, tomorrow or next week, we can see good action before the AGM at International Business Park on 07/07/2017.   Fengshui numbers.   Good sign.

Demostation      ( Date: 22-Jun-2017 16:24) Posted: Some points in the case: Hecklerco claimed in July 2015 that Yuuzoo and its management knowingly made false statements that duped the investors into both buying tens of thousands of shares of Yuuzoo stock and making a $245,000 loan to the founder and former president of Yuuzoo, Ron Creeve. The investors claim that Yuuzoo grossly overstated its value at more than $380 million, inflated its sales figures and failed to tell investors that accounting irregularities had prompted the  U.S. Securities and Exchange Commission  to reject the company&rsquo s bid to trade publicly in the U.S.

 

Some points in the case:

Hecklerco claimed in July 2015 that Yuuzoo and its management knowingly made false statements that duped the investors into both buying tens of thousands of shares of Yuuzoo stock and making a $245,000 loan to the founder and former president of Yuuzoo, Ron Creeve.

The investors claim that Yuuzoo grossly overstated its value at more than $380 million, inflated its sales figures and failed to tell investors that accounting irregularities had prompted the  U.S. Securities and Exchange Commission  to reject the company&rsquo s bid to trade publicly in the U.S.

 

I briefly read the case, and the allegation of blowing up the account in order to secure the investment of $245K.
Many parties were involved, the bank, Mcquarie Sec, Yuuzoo and its group.  

Yes many people are overly sensitive to legal suit.   QTV share price was also a victim of a suit, but then they came out of it victorious.   Agreed that its share prices
never recover from the onslaught, but then QTV has not made any money.

Yuuzoo has profit on their books.   I want to be light in QTV but heavier in Yuuzoo.   Of course will be monitoring either of them. 

sheerluck      ( Date: 22-Jun-2017 16:04) Posted: I presumed you have not actually read that document?   It was more than just that.   There are some serious allegation about Yuuzoo manipulation its accounting to present a false picture luring in that investor.   Demostation      ( Date: 22-Jun-2017 15:35) Posted: Yes Sir, this is just a small case involving a loan of $245,000 given to former Founder of Yuuzoo pledged with 300,000 Yuuzoo shares.   Back then the shares were quite high, so the amt vs shares might seem justified.   But as you know the lender was dissatisfied with the deal because they feel that the bank and Yuuzoo chairman bluffed them.   Something like this. So I think it is no big deal, unless proven otherwise.

 

I presumed you have not actually read that document?   It was more than just that.   There are some serious allegation about Yuuzoo manipulation its accounting to present a false picture luring in that investor.
 

Demostation      ( Date: 22-Jun-2017 15:35) Posted: Yes Sir, this is just a small case involving a loan of $245,000 given to former Founder of Yuuzoo pledged with 300,000 Yuuzoo shares.   Back then the shares were quite high, so the amt vs shares might seem justified.   But as you know the lender was dissatisfied with the deal because they feel that the bank and Yuuzoo chairman bluffed them.   Something like this. So I think it is no big deal, unless proven otherwise.     sheerluck      ( Date: 22-Jun-2017 14:12) Posted: Bro, since you are vested, you should keep track of the Hecklerco case.   I wouldnt say more about i since it can be easily found

 

Given the circumstances, founder no longer with the company, and the money was advance on a pledge, it seems that the lender has an axe to grind for the sake of grinding.   Macquarie came of it, so it depends on Thomas Z and Wellfargo bank whether they wanted to come out of it.   just pay off and take back the shares with a small compensation, and forget about the whole matter.   I am sure it can be done.

sheerluck      ( Date: 22-Jun-2017 15:41) Posted: For that investors, it is that US$245k.   For existing investors now it is about the creditibility of Yuuzoo.   If the court rules in Hecklerco favour then it makes Yuuzoo fraudulous and SGX might need to suspend it for indepth investigation.   Yuuzoo didn' t disclose about this case when they were sued in July 2015 but were only interested in announcing deals and hyping up its hsare price with many huge but obivously impossible deals.   When mgmt blow trumpet on its deals and keep mum about lawsuit, it shows they are very one-sided. I am not sure why you still want to risk with this counter.   But take care and be ready to make tough decisions when needed. Since you are invested, do make time to attend their AGM and ask about this case. Gd luck! Demostation      ( Date: 22-Jun-2017 15:26) Posted: Yes Sir, but this is just a small case of a loan of $245,000 to  former chairman pledged with 300,000 Yuuzoo shares.

 

For that investors, it is that US$245k.   For existing investors now it is about the creditibility of Yuuzoo.   If the court rules in Hecklerco favour then it makes Yuuzoo fraudulous and SGX might need to suspend it for indepth investigation.   Yuuzoo didn' t disclose about this case when they were sued in July 2015 but were only interested in announcing deals and hyping up its hsare price with many huge but obivously impossible deals.   When mgmt blow trumpet on its deals and keep mum about lawsuit, it shows they are very one-sided.

I am not sure why you still want to risk with this counter.   But take care and be ready to make tough decisions when needed.

Since you are invested, do make time to attend their AGM and ask about this case.

Gd luck!

Demostation      ( Date: 22-Jun-2017 15:26) Posted: Yes Sir, but this is just a small case of a loan of $245,000 to  former chairman pledged with 300,000 Yuuzoo shares.