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Remember 'the Old Bakehouse' In Devon?


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HOLA441

I can't even say the word Ideation :(

Initially, I thought it was just another of his spelling mistakes

I even spent a few seconds thinking about what missing letters there could be

Until, I realised that he must mean ideation

Had to look it up on Google

grief, I now feel like a dinosaur

(at least I cannot be an illiterate dinosaur)

Edited by LiveinHope
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HOLA442

Initially, I thought it was just another of his spelling mistakes

I even spent a few seconds thinking about what missing letters there could be

Until, I realised that he must mean ideation

Had to look it up on Google

grief, I now feel like a dinosaur

(at least I cannot be an illiterate dinosaur)

I think he just missed out a whole word.

* Ideation (idea generation), the process of creating new ideas

* Suicidal ideation, a common medical term for thoughts about suicide

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HOLA443

2:35 minutes of unrelenting tediousness.

Check the awesome editing - where they do that at?

http://www.youtube.com/watch?v=i0kPFA1UPYE

That video is something else.

1:16 - 1:28 : "I've 3.8 million dollars worth of sales revenue and at the same time I've been involved in setting up and running businesses making - and losing - 30 million pounds".

Err... yeah, you might want to be quiet about that last bit, Jonathan.

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HOLA444

Can anyone dig out which company he floated with a value of £30m, I assume on the AIM? There's lots of guff in all the press stuff but I can't seem to find what it actually was. I assume it's gone bust which is why the cash ran out.

Looks like it was ASAP Plc which withered around 2002. It was a consultancy company (who'd have guessed). I think statement "I made and lost £30m" contains a large chunk of artistic license. The company might have received £5.4m of external funding at one time (on the OFEX) but it look like it was after JBs had left. I think this chap as the same grasp of financial reality as Grant Bovey.

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HOLA446

Looks like it was ASAP Plc which withered around 2002. It was a consultancy company (who'd have guessed). I think statement "I made and lost £30m" contains a large chunk of artistic license. The company might have received £5.4m of external funding at one time (on the OFEX) but it look like it was after JBs had left. I think this chap as the same grasp of financial reality as Grant Bovey.

That's an insult to spivs everywhere. This chap makes Grant Bovey look like Warren Buffet.

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HOLA4420

:lol:

Spookily - has same initials G.B. as

"the one of who's name we dare not mention"! :o

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HOLA4424

Looks like they've finally flogged it. STC.

Fulfords

Not much about the "over" as in "offers over" then!

http://www.rightmove.co.uk/property-for-sale/property-28634071.html?premiumA=true

PUBLIC NOTICE

Fulfords Estate Agents are now in receipt of an offer for the sum of £651,000 for The Old Bakehouse, Tuckenhay, Totnes. Anyone wishing to place an offer on this property should contact - Fulfords, 1 Fore Street, Totnes - 01803 864112 before exchange of contracts.

So it has been reposessed, nevertheless, not a bad return on £800,000 of refurbishment costs http://property.timesonline.co.uk/tol/life_and_style/property/article6682972.ece

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HOLA4425

n the article it says:

To be fair' date=' he has fallen victim to the sharp deterioration in the market. The Old Bakehouse, a six-bedroom property in Tuckenhay, a village near Totnes, had belonged to his grandparents, but after inheriting a part share, he bought the rest from relatives in 2007 and set about remodelling it for the luxury market. [/quote']

and houseprices.co.uk says:

13/08/2007 £412,500 The Old Bakehouse, Tuckenhay, Totnes, Devon, TQ9 7EQ

Can anyone a bit more knowledgeable be able to tell me if the £412,500 was the price he paid for his share, or would the house have been reported at a proportionate value to his share (e.g assuming 2 people inherit he paid £206,250 and then it was reported at twice this.)

Either way, whoever owned the other share had a very well, albeit lucky, timed exit

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