by Rupert Insider
Its about the Oldham share issue of 2001 through which, he says, he raised £1.3 million for 10% of Koptalk. But he had to return it all.
You may wonder why I am delving into the past when there is so much to write about now. There is a method in my madness.
To jog your memory – and because it is interesting in showing the genesis of the Koptalk Kon – I am providing a few links from the archives.
The first is undated but the internal evidence points to 2001. In this he begs for money. This was not unusual at the time. He had been begging for money and equipment since 1998. He lived in Scarborough, Yorkshire. He now claims he owns the family property there but I don’t know if he did at the time.
Notice how he refers to his family but then makes a separate reference to Steve MacNeish “a close family friend” – so not family then. Oldham was about 26 when he made that remark about the 11 yr old.
(Oldham in 2000 on the spy cam he used to write about so much on his site. This is contemporary with his Usenet ads for “fit young lads” to make sex videos with him).
(Steve MacNeish about 10 or 11 years of age in 2000 or 2001)
Here is another link from Feb 2001 in which Oldham is fishing for reaction to the idea of selling shares.
Here is a link of how he is explaining the failure of the scheme because of a”legal problem”. Its still July 2001.
Here’s another where he offers an excuse why some have not received refunds of their “failed share applications” also July 2001.
Nine months after this post he bought his house in Wallsend for £29,950 – “in cash” and seven months after that he paid off the mortgage on his mother’s new house for £44,500 across the street in Wallsend. A year after buying his own house he transferred it to his wife’s name with a Halifax loan or mortgage attached.
In the 2001-2002 period he also bought a new Mercedes Convertible or upgraded his old model.
Given those facts, the next link is very interesting.
Its March 2002 when Oldham had just moved into his new house in a low-income, high-unemployment part of Wallsend near Newcastle. But he says he lives 180 miles away in posh Formby, near Liverpool – where Robbie Fowler lived at the time and other LFC players along with all the stockbrokers and other “top brass” from Liverpool.
But Oldham continues to give Scarborough, Yorkshire as his postal address with the promise it will be forwarded to him in Formby.
And the 13 year old “close friend” Steve is now “a member of my family”.
“Oh what a tangled web we weave when first we practice to deceive”
The nasty sponsors who fouled up his share offering now owe him £50,000 and he is suing them for it. When he gets the money he will donate it to the LFC Academy. But nothing more about the money he has not paid back to those who offered to buy the non-existent shares.
And whatever happened to his other business away from the internet that he talks about here and elsewhere? Is that where he invested part of the £1.3 million? And did that go bust, too?
If you have clear memories of his share scheme or any screen shots, links or anything else, please send it in by email or in the comments section. If you paid money r shares and did not get it back or if you remember any other reference to how much he owed potential investors, help us complete the dossier.