With three failures in about 6 months, Calum Brannan seems to have an amazing record of using other people's money but delivering very little in return......
Looking at the funding for Youmeo.com, he seems to have persuaded a large number of bright people to part with many £tens of thousands and yet achieved little, which begs the question as to how his new concept, "Social Helium" will fare.
Listed as shareholders for Youmeo, we have the following (amongst others!):
Norman Younger - 1 share - Investment £1.00
Calum Brannan - 89 shares - Investment £8900
Votivation Ltd - 5 shares - Investment £17150
Calum Brannan - 90000 shares - Investment £zero
Votivation Ltd - 5000 shares - Investment £zero
James Leavesley - 13970 shares - Investment £10,001
Paul Tuson - 4576 shares - Investment £9356.91
Lisa Meadows - 4576 shares - Investment £9356.91
Orchard Growth - 629 shares - Investment 1286.17
Richard Boot - 9779 shares - Investment £19999.91
Michelle Stott - 6985 shares - Investment £20000.01
James Leavesley - 5588 shares - Investment £9999.84
Richard Boot - 5588 shares - Investment £9999.84
Ronald Blease - 2235 shares - Investment £3999.58
3 others 1397 shares each - Investment £1000 each
(Note to self - Must investigate Votivation Ltd)
So, in summary, Calum Brannan managed to get more shares than anyone else (in fact, everyone else put together!!) without ever significantly putting his hand in his pocket, whilst everyone else funded his gravy-train to the tune of about £111,150 - I bet they were annoyed when it went down!!
Imagine how James Leavesley and Michelle Stott-Leavesley, a young married couple, must have felt pissing such a huge amount of money down the drain and yet James seems to stick with him - hard to understand unless he expects to see his money back sometime!! What other reason could there be for them starting CBJL Ltd and promoting their new concept of "Social Helium".
As anyone who's ever been to a fair knows, you should never trust a kid with helium - they either have a concentration lapse and let go of the balloon, so it floats away, or they breathe it thinking that it sounds cool to have a voice like Mickey Mouse!
I'm finding it hard to imagine why anyone would want to invest into, or even get involved with Social Helium or any business in which Calum is actively involved (!) when he's taken down, or attempted to take down, three companies in the same space within less than a year - does that seem like a safe bet to you?
I wonder if the DTI know he's had such an appalling track record?
On another note, we hear that there's been some very interesting movement with respect to the whole Bob Edmiston / Christian Vision / Boost TV saga and there should be more here very soon - If you like some scandal, generously laced with hypocrisy and dirty dealing, then you're gonna LOVE this!
We just want to ensure we've checked our facts before we publish.
We just want to ensure we've checked our facts before we publish.
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