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Review About:
Undisclosed
Author
Jim
(N/R)
Rating:
Relationship
Thursday, June 11, 2009
Review #4401
This guy is a liar and a fraudster. The description of his time and what he achieved at Meldex in his profile is pure fantasy. In fact he ruined the company by fabricating unsustainable revenues bought in by issuing vast numbers of shares at below the then prevailing market price, but those revenues didn't even cover the costs of running the company providing a downward spiral from which the company couldn't escape. Ultimately it involved Richard Trevillion himself issuing a winding up petition ostensibly to try and recover monies he said the co owed him (but which it didn't have due to the above) but in reality to try and prevent future action being taken against him by what was left of the company he ruined.
All company announcements relating to the development of the company's technology and launches of the company's products under his tenure were in fact pure fantasy arising from the brain of Richard Trevellion but did not actually happen at all, as were most of the revenue announcement too. Meldex never turned over anything like £60m even on an unsustainable loss making basis, as the accounts (and particularly the audited accounts about to be issued rather than the fantasy accounts issued by him) show.
This man is a proven liar and fantasist and should be in jail, not trying to boost his internet Karma on sites such as this.