trousers

http://www.portsmouth.co.uk/sport/pompey/pompey-past/great-matches/cala_declares_i_want_to_buy_pompey_1_3409244

Anyone else convinced that this "leak" is a decoy to buy more time with the FL (who just happen to have a meeting today to discuss the Pompey situation)?

http://www.portsmouth-mad.co.uk/news/tmnw/who_is_joseph_cala_722433/index.shtml It would seem they're keeping up for change... (Edit: just seen Badger has just posted this link too)

Richiamo per uccelli ?

Just the two. Can't think of any logical reason to have any more than two sprogs. Besides, I had my knackers interferred with about 10 years ago so firing blanks now.

They also pay their court fines in shares.... http://www.sec.gov/Archives/edgar/data/794107/000127351511000055/cala2010q3v2.htm (Page 11) NOTE 10- LEGAL MATTERS On January 20, 2009, a complaint was filed against the Company in the Superior Court of California case # CIVWS09-0049 terminating the lease at 500 Bollinger Canyon Way, San Roman, CA due to subleasing the premises without consent of the landlord. A judgment was entered giving the landlord possession of the premises with no monetary amount awarded. On February 18, 2009, the Company received a letter demanding payment on the deficiencies of two notes the Company issued totaling $125,000. Subsequent to this, an action was originated in the District Court of Jefferson County Texas (case # A-183,766). The Plaintiff contends the Company has not paid the principal or interest on the promissory notes issued in 2004. In 2005, the Company issued stock of 3,400,000 and 2,500,000 shares to the plaintiff in full payment of the outstanding notes and interest. As of September 30, 2010, the Company maintains the notes and interest were paid in full by the issuance of Company stock for payment of the notes and the Company has no further liability and there has been no activity in the suit.

Check out the cashflow (2006 - 2009).... http://investing.businessweek.com/research/stocks/financials/financials.asp?ticker=CCAA:US&dataset=cashFlow&period=A&currency=native

As they say in the trade..."you couldn't make it up".... ;-)

Anyway, I'm sure it's one huge coincidence that this story of a potential new owner has broken in the very same 24 hour period that the Football League are having a meeting to review the Pompey takeover situation.... And to think AA was trying hard to keep it all secret...

And guess who owns most of those shares.... And I wonder when they'll start paying dividends...

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So North One Sports have gone from being a supposed asset worth c.£30m (saleable WRC rights) to a £3m liability in the space of a few weeks? Nice. And as for the opening paragraph in that Eurosport article... Yet another organisation that doesn't read the SWF.... :-)

Amen...

An enjoyable read....He seems a tad over defensive on the honesty and integrity front...

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