$25,000

real said:
Good idea but will it show turnover?
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Well, if his turnover is claimed to be surplus 5m that means his company falls under “small” company entity. Under the new Economic Crime and Corporate Transparency Act that means that his company has to file a P&L account, and those are public. So effectively; if his company is filing micro accounts, he’s under the £600k odd bracket before you become a “small” company. I haven’t looked though, but perhaps you could find his P&L on Companies House?
 
EW 3N is a new company, so not reached the date required to file accounts yet

The Fal bros companies' are older and the group (if it is a Group rsther than simlly an ltd with 'group' in the name as they mean different things - old co-house rules prevented that confusion) puts it in the micro category, and only the very abbreviated BS is needed.
 
real said:
Good idea but will it show turnover?
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EW3N Ltd was incorporated on 25 January 2023.

The press release you've linked to (and that's all it is) was published 337 days later on 28 December 2023.

The claim you're querying is: “Parent company EW3N has seen gross sales reach $5 million."

That's $14837 per day.

Enough said.
 
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Jeff said:
EW3N Ltd was incorporated on 25 January 2023.

The press release you've linked to (and that's all it is) was published 337 days later on 28 December 2023.

The claim you're querying is: “Parent company EW3N has seen gross sales reach $5 million."

That's $14837 per day.

Enough said.
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All makes sense now. Well, I suppose when we see the first accounts for EW3N, since its accounts are due after the new Economic Crime and Corporate Transparency Act came into play, we should see the Profit & Loss account, as $5m is certainly over the £632,000 deemed to be a micro company, which doesn't need to publish full accounts with a P&L. I guess we will see 25 January 2025
 
Insightful responses, thanks. Is it legal to issue (allegedly) false or misleading financial statements?
 
real said:
Insightful responses, thanks. Is it legal to issue (allegedly) false or misleading financial statements?
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Is it legal to lie about how much your company makes? Yes. Is it morally right? Probably not. Especially if they are trying to deceive people in some way to procure investment.
 
why does this person attract conversion on this forum? I dont understand it.
 
temp123 said:
why does this person attract conversion on this forum? I dont understand it.
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People like you and now me continue to insert themselves into conversations about him and his antics. How much depth do you want from an answer to your question? If it helps, he’s not the first and won’t be the last.
 
username said:
Where else are we supposed to talk about prominent people in the .UK space, if not on the .UK's number 1 forum?
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You consider him prominent?

I guess having the finances to buy ready made solutions, paying for PR spots on DNJournal to call yourself a founder, advertising your consulting services for $25k per week, appearing on livestreams to announce a deal for buying Domainlore is imminent ding, and wearing a gold cap really does help to build a fake persona people believe in.

Good luck to him!

Meanwhile, did you see the quality domains being advertised by DNWE on the Fallen Acorn the other day?

1732099166303.png
 
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username said:
Where else are we supposed to talk about prominent people in the .UK space, if not on the .UK's number 1 forum?
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Being able to talk about something and choosing to talk about it are entirely different.
real said:
Are you predicting that he will make it? Make it defined as “to be very successful”.
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I don’t believe he was. Was just offering an opinion [for why person referenced might behave as he does].
 
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invincible said:
I don’t believe he was. Was just offering an opinion [for why person referenced might behave as he does].
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I accept I may have taken the definition too literally. You are right.

"Fake it till you make it" (or "Fake it until you make it") is an aphorism that suggests that by imitating confidence, competence, and an optimistic mindset, a person can realize those qualities in their real life and achieve the results they seek.”
 
invincible said:
Being able to talk about something and choosing to talk about it are entirely different.
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Cause we want to.

He has made himself prominent on the .UK scene, so why would he not be talked about on the top .UK forum?
 
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@real yes mate, I’m saying that I think that’s what he’s doing at the moment.
 
username said:
Cause we want to.

He has made himself prominent on the .UK scene, so why would he not be talked about on the top .UK forum?
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Depends on one’s reason for wanting to. In theory he could be passed over as a topic because there might be 101 other more interesting, relevant or beneficial subjects that can be discussed [on the top .UK forum] besides just ‘want[ing] to’ discuss him.
 
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