This website seeks to expose the truth to equity shareholders about how the Company has been systematically destroyed by certain parties acting in concert and in violation of AIM regulations in co-operation with the current UCL board members Mr Tim O’Neill and Nicolas Van Broekhoven. At the moment, the UCL directors are working to transfer UCL's sole asset, the Cacao Del Peru Norte subsidiary, to a private company in the Isle of Man called Triangulum Limited (see “Notice to Change Trustee at 6th June 2017”); the Isle of Man Financial Services Authority can be contacted here: http://www.iomfsa.im/about/makingcontact.xml
*** NEWS FLASH: Manuel Barbieux, Timothy O’Neill, and Nicolas Van Broekhoven are subpoenad to testify in Campoverde, Peru for their criminal actions. Click here for evidence. Jail time sentence unless they plea bargain with state prosecutor ****
Peruvian Authorities declare CDPN police report as having "no evidence" and is hereby immediately dismissed on 28 September 2017. Click here for state resolution. This resolution evidences the fake filing done by the CDPN and United Cacao directors (Manuel Barbieux, Timothy O'Neill, Nicolas Van Broekhoven and Constantine Gonticas). Penalties in Peru for such actions are up to three years in jail subject to judicial sentencing. United Cacao Limited and CDPN Directors have publicly and repeatedly admitted to filing the fraudulent police reports on their numerous press releases prior to filing for Cayman liquidation.
Refer to United Cacao press releases where the Directors admit to filing this fake police report.
*** Attention to CJA (Cayman Liquidator) and UCL BondHolders. ALL ASSETS OF CDPN PLEDGED TO EMERGEBRIDGE INVESTORS – SECURED CONVERTIBLE BONDS ARE WORTHLESS !!!! Click Here for Evidence. Investors should call the directors Manuel Barbieux (+65 87 22 30 40) and Timothy O’Neill (+1 516 302 5255) and Constantine Gonticas (+44 7770 22 66 38) and tell them their scam has been exposed. ***The website will be loaded with information as we receive it from concerned shareholders and former employees.
- Notice of Secured Bonds Default 17th May 2017.
The default was declared by the UCL Directors due to 9(j), no AIM tradability of the Company’s shares. This condition had previously been waived on 22 February 2017 by the bondholders. The Company nor directors made no mention of this default whilst the securities were listed on ISDX / NeX exchange nor in the 9th June Investor Update issued by the Company. The Secured Bonds have since been delisted from the exchange and the Company nor Directors have not announced this default nor attempted to work with shareholders to remedy this default that they unilaterally called. - Notice to Change Trustee on 6th June 2017.
Note that the request is on Company Letterhead issued by Director of UCL – this simply incredible. Directors now actively working to steal company assets and deprive equity holders of any value. Incredible fleecing of the equity shareholders by the board and clear criminal act under Cayman law. Again no mention of this in the “Investor Update of 9th June”. By distributing the subsidiary shares to the Bondholders, each bondholder will receive 2x the value of their security but the UCL directors who purchased bonds for pennies on the dollar will receive +10x. Kudos to the current trustee, Albecq, for standing firm and insisting that Cayman counsel be involved and not agreeing to the director’s proposed fraud, regrettably they will simply change the trustee now and steal the asset. - Existing Investor Group Letter on 3rd January 2017.
This letter is precious and we only include the last two pages for now. This letter was issued to the UCL Board on 3rd January 2017 by a group of minority existing investors lead by Manuel Barbieux. The next day the NOMAD resigned along with two other directors. Note the contents of the letter which include the prohibiting of any rights issue. Did the UCL board and this group lead by Manuel Barbieux, a former advisor to the Company, conspire to prohibit any ability of shareholders to put capital into the company ? It is interesting to note that the Company has never called for a rights issue. So to summarize, the UCL directors strangle the company by prohibiting a rights issue which then causes the NOMAD to resign on 4 January 2017 and subsequently loss of AIM tradability of the shares. Then, these same directors declare the bonds in default, without telling anyone on 17 May 2017, because of the loss of AIM tradability. After of course they purchased these same bonds for pennies on the dollar. Nicely done guys !
More documents coming...
Questions Investors need to keep asking:
1. Why did the Board lose tradability of CHOC shares ? Who benefited from this?
2. Why did the NOMAD resign on 4th January and under what circumstances?
3. Why did so many directors resign?
4. Why has the company NEVER called for a rights issue?
5. Why has the Company NEVER disclosed its default on the Secured Bonds?
6. Why did the directors buy the bonds at pennies on the dollar shortly after losing AIM listing?
7. Why are these same directors now replacing the trustee of the Secured Bonds in their capacity as company directors of UCL?
8. Why do the directors refuse to appoint an administrator when it is so obvious that UCL is insolvent?