Thursday, Oct 29, 2009

Those profits not "materialised" yet, then?

The Business Desk: Eatonfield raises £7.4m

"A PROPERTY company led by one of the stars of Channel 4's Secret Millionaire series has been forced to secure extra capital to avoid his company going into administration.Eatonfield chief executive Rob Lloyd, who appeared in the TV series earlier this year, has pumped £800,000 into the company as part of a share placing which raised £7.4m.The troubled Cheshire-based group has placed 147.2 million new shares at a price of 5p with existing and new investors.The investors include Mr Lloyd, executive chairman Paul Williams..."

Posted by mark wadsworth @ 10:43 AM (832 views)
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1. drewster said...

Yet another property "investor" goes bust - a few months ago it was Chek Whyte, who also featured on Secret Millionaire.

Thursday, October 29, 2009 01:12PM Report Comment

2. jack c said...

When will Location, Location, Location be replaced with Liquidity, Liquidity, Liquidity?

Property isn't should a good bet when you can't readily get your money out !

Thursday, October 29, 2009 01:22PM Report Comment

3. timmy t said...

The phrase "throwing good money after bad" springs to mind!

Thursday, October 29, 2009 01:32PM Report Comment

4. crunchy said...

1. drewster

I think he has a french property company based in Paris that goes by the name of "Blanc Chek Ltd."

All good things come to an end I guess.

Thursday, October 29, 2009 01:39PM Report Comment

5. gone-to-colombia said...

The flip side of the smug coin

Friday, October 30, 2009 12:22AM Report Comment

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