Spiriton Media Group

Does anyone know much about a company called Spiriton Media Group Plc? I have had calls on it and seemed to get a lot of mixed comments. Is this another scam? The UK investors relations contact is someone named Paul Miller. How do you find out if he's registered with the FSA? Thanks for any feedback.

If they cold called you it is a scam for sure. To answer your specific question go to the FSA website and look them up.

Spiriton Media is very suspect at this point. I can tell you for a fact they have not delivered the bulk of their shares to the shareholders as of this post. What is strange is that the shares are fully paid for and the stock itself has been trading. Appears to be a flat out manipulation of the shares. Now the company claims for the very first time these shares are restricted, which was never mentioned in the original share receipt.

Thanks, I'll check with them. I have shares from a merger of another company into Spiriton Media group Plc but I have never received the share certificate in over 1 1/2 years since it's been trading. They keep coming up with some reason why they haven't issues the shares. The shares were up to 3.71 Euros and now are .06 Euros. They still have not issued the shares but it trades almost daily. It trades on the Frankfurt market. Any idea if this sounds possible and how can i get my certificate?

If they are restricted shares then you are in trouble. How did you come into contact with them in the first place.

Apparently they are restricted, in any case how do you know you own them? You may well have been scammed, can you post the name of the other company?

I've been receiving email letters from a Paul Miller who says the company is doing great and the share price dropping is irrelevant at this time, not to worry and that we should buy more shares on the market. I've owned these for over 4 years and could not sell since they have gone public. I believe I read where a restriction ended by June 30, 2010. Do I write to the FSA on this matter or Frankfurt Exchange?

If you're in the UK then phone the FSA. Seems you've probably been scammed, whatever you do don't buy more and don't pay anyone to derestrict/sell/swop these shares, that will be part two of the scam.