ZX Vega+ News

(Unauthorised and Unofficial)

Vega+ Shipping Dates

  • End of September 2016
  • October 2016
  • In time for Xmas 2016
  • February 2017
  • A "few weeks" from March 10th 2017
  • Summer 2017
  • 8 weeks from August 9th (October 4th, 2017)
  • Mid October 2017
  • April 2018
  • May 8th - 12th 2018
  • May 12th 2018
  • May 31st 2018 (Indiegogo deadline)
  • June 15th 2018
  • July 6th 2018

World of Spectrum

Searchable threads in one long post:

Evidence that the SRA covered up the actions of Teacher Stern Solicitors

The Solicitors Regulatory Authority (also known as the SRA) has written to a large number of backers along with various others stating that they have reviewed all the evidence from the two law firms involved in the Vega+ scam. Both Teacher Stern LLP and Michelmores LLP have accepted a large chunk of the money directly from the Retro Computers Limited bank accounts that was originally intended for orders of the Vega+ from almost 5000 backers.

The SRA have stated that both law firms acted in good faith and did not break the RCL shareholders agreement. The shareholders agreement was originally by the law firm Teacher Stern and stated that no legal action could be taken by the company without 75% of the companies shareholders agreeing on this action, with the exception of regular debt collection. None of the spurious legal action undertaken by David Levy, Suzanne Martin and Janko Mrsic-Flogel was covered by the debt collection clause.

This letter between Clare Toomer of Teacher Stern LLP and Retro Computers Limited proves beyond doubt that David Levy and Suzanne Martin had been advised by Teacher Stern that they could not accept money from RCL for legal action against the ex directors and shareholders Paul Andrews and Chris Smith. Leaked bank statements prove that Teacher Stern had been taking money for this since April 2016.

It also proves beyond doubt that Levy and Martin had known and been advised they were going against the shareholders agreement, and in doing so it proves they repeatedly lied to the courts are therefore in contempt of court. They have also lied to the press, and also worked with both Teacher Stern and Michelmores to lie to the SRA in relation to the money taken out of RCL to pay them. The backers that ordered 5000 Vega+ units are the ultimate losers, as the money was supposed to be for the manufacture and shipping of the Vega+ units rather than wasting close to half a million pounds trying to ruin anyone that opposed them.

SRA covered up Clare Toomer of Teacher Stern LLP p1

SRA covered up Clare Toomer of Teacher Stern LLP p2

Text version

Subject: Retro - fees [TS-TSSDocs.FID379493]
From: c.toomer@teacherstern.com
To: davidlevylondon@yahoo.com; suzanne@suzannemartin.com
Cc: j.rabinowicz@teacherstern.com; a.obertinca@teacherstern.com
Date: Wednesday, October 26, 2016, 11:09:38 AM GMT+1

Dear Both

I have not heard as to my email last week about source of funds.

While Jack and I are fairly comfortable that you could defend spending Company money pursuing Cooper/Cornerstone, the Company cannot be seen to be funding the action as against Andrews and Smith.

While we appreciate you are working and they are not, we have also discussed the risks/criticisms that will inevitably (continue) to be levied against you in relation to paying yourselves and not them.

You will appreciate that we cannot put ourselves at any risk and so please could you confirm that the Company is not funding the part of the action relating to the remaining shareholders.

Thanks.

Kind regards

Clare

Clare Toomer
Solicitor
Teacher Stern Solicitors
t +44 (0) 20 7242 3191 x 3322
f +44 (0) 20 7197 8066
d +44 (0) 20 7611 4872
m +44(0) 7813 544 948
Teacher Stern is proud to support Doorstep London and The Sick Children’s Trust as its nominated charities.

Clare Toomer of Teacher Stern LLPClare Toomer of Teacher Stern LLP

Latest Funky Spectrum RCL Videos

Confirmation of the shilling that went on from certain individuals during this absolute scandal. What a disgrace!
(03/04/2019)

Well it seems justice has prevailed for once and no surprises there to be honest what a ridiculous bit of behaviour !
(15/03/2019)

Indiegogo Campaign

"Our Indiegogo campaign is to raise funds to manufacture the first 2,500 or more units of the Vega+ in the UK, and to prepare us for the second production run."

— RCL (15/02/2016)

Vega+ Status

  • All refunds processed:
  • Roll of honour email:
  • Address confirmation:
  • Battery specification:
  • PEGI certification:
  • Final specs released:
  • Games list released:
  • Finished box design:
  • Manual released:
  • Working website:
  • Final devices made: 0
  • Small claims victories: 0
  • Prototypes made: ~100-200