A visit to Iceland this week and my guide pointed out the ironic situation in Reykjavik harbour. the two black boats are the last two remaining whaling ships in Iceland. they are moored up next to a whale watching boat. I am pleased to say that there are a huge amount of whale watching ships these days and the Icelandic seafarer's seem to have realised there is more money in what watching that whaling.
Sunday, 28 August 2016
Brilliant Art
the owner of the Local Cricket Ground has taken a long dead tree and had it carved into what he believes is the largest cricket back in England. It stands at 24 foot tall and therefore 4ft taller than what he believes to be the former largest one which is in Devon. it stands just outside the ground at square leg and was never hit when it was a tree, it will be interesting to see if anyone manages to hit it now it is a bat.
Sunday, 14 August 2016
the Obvious !!
Its the first time I have had a notice like this in a Hotel room I have been using, It was not as if it was a Hostel, the room was almost £200 per night
Not What I expected
I was in Saudi Arabia this week,
this was the first time in this country for me/ as I am sure everyone knows it’s
a complicated country to get entry to. I had to get permission from the Saudi
Arabian Ministry Of Foreign Affairs to apply
for a visa, I don’t expect may visa applications are turned down if you have to have permission to apply
for a visa. On arrival immigration was
complicated with a lack of signage and conflicting instructions but after two
hours I was in a taxi on the way to the Hotel.
I had a belief that Saudi Arabia was
very restrictive and without doubt it is not the most open country in the world
but I saw several groups of women walking around unaccompanied, although we sat
in the single male part of the restaurant there was a women’s section and a
families section. I was told the single male’s section was often closed at the
weekend and an extended families section created.
One of the things that most surprised
me was that beer could be bought in the supermarkets. Alcohol free beer but beer
nonetheless.
Signing .... and a new start
The
business I run was a none core subsidiary of a larger aviation group. We
had been growing rapidly and profitable over the last few years but as a none
core subsidiary which was still small enough to be vulnerable if we
were a standalone company I had been searching for a trade sale for a while.
Without going
into any confidential details of the sale it was three incredibly hard and
draining three months whilst we completed the Due Diligence on the sale before
we reached the point of sale.
I had
arrived in the Czech Republic the day before the deal and had a very pleasant dinner
with a representative of my current owners. The following morning the lawyers
from London, the representative and I made our way to the lawyers chose by my
new owners, whilst we negotiated the final points of the deal the junior
lawyers arranged the paperwork in another room. Once the final details had been agreed we were
able to start the signing.
The
documents were numbered from 1 to 32 and there were 4 copies of each document Signing
legal documents is not a simple as it might seem, different countries require
different colours of pen or even different types of ink. In this case a blue
pen was required. We started at 1 and progressed through the list. Part way
through some documents required the notary who was in attendance to observe our
signature and to note this in her register. At various points in the signing we
had to have some official board meetings to allow directors to resign and new
ones to be appointed. The Notary would call us to order and the read through
the requirements. We had to appoint a Chairman for the meeting and I was to be
the chairman for the first meeting she asked the assembled people if they were
happy that I was to be Chair, we all said yes and there was a fully of voices
in Czech before one of them said, we need a show of hands, she then asked us again
as we raised a hand and I was appointed to chair the meeting.
Finally after three hours we had completed
signing all the document and were waiting for the money to appear in the
various bank accounts. There was a delay with this so the lawyers agreed to
hold all the documents until the funds were received. At that point I left with
my new owners so they could visit the company they owned for the first time. I could not help feeling it was like a prisoner
transfer…. I arrived with my current owners, we signed a load of documents and
I left with my new owners. Leaving my old owners behind in the lawyer’s office.
Quite a momentous day for me. 10K (or 9,92K)
I recently ran a local 10K run, there seemed to be an issue about the distance, this was corrected by a lap of the cricket field on the way out and back
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