Midas Website dissapears!

9th February 2010 - So the new Midas Press PLC has taken down the old website and replaced it with a "JAZZY" new holding page! ...wow. I wonder if the new website they are working on will mention the 40 year "heritage" of the company and conveniently forget to mention the bankruptcy and trail of debts? I wonder!

Printweek busts my link!

8th February 2010 - Printweek.com have broken the link to this blogsite. Any reason? or are they just as spineless with there blog as in the articles they write?

Charterhouse - Ethical or not?

8th February 2011 - Today I shall be writing to Gary Mahoney who is the Chief Executive of Charterhouse Print management.

Under the section on their website called Our Culture, they state "In our business activities we are partnership-based and ethically guided" .

I'll be asking Mr Mahoney what his policy about using Phoenix companies is and whether they consider that "Ethical". Also, given the fact that they say they work on partnership basis, how about the fact that their partners (print finishers, paper merchants etc) have just been taken for a ride!

Merchants get tough on Phoenix firms - like hell!

8th February 2010 - Printweek has published an article about paper merchants supporting Phoenix firms like Midas Press PLC - and you should see some of the comments on the blog - hilarious.



One of the crackers is David Allen (pictured), UK regional president for parent company Paperlinx, said phoenix companies can use their unfair advantage to lower market prices or take market share."We also regard bad debt as outstanding debt and wouldn't trade with people that don't pay what they owe," he said. Some of the people contibuting to the blog obviously think he's related to the deceased irish comedian of the same name - but he really was funny.

Is this because he has to explain a £580,000 pound loss to his Australian bosses at Paperlinx?
Have a laugh:
http://www.printweek.com/business/news/981724/Merchants-tough-phoenix-firms/

Look who's supplying Midas Press PLC!

8th February 2010 - This morning I drove past the factory and guess what, there was a GM2 lorry being unloaded - so it looks like the paper merchants are back in there to supply the new Midas Press PLC with paper! I think GM2 deliver for Macnaughton paper - I hope you know what you are doing guys?

Are Sothebys and Charterhouse their largest customers?

3rd February 2010 - I have been told by a reliable source that the large print management company called Charterhouse are a big customer of Midas Press.

... and I have also been told that they print Sotheby's auction house catalogues.

can either of these companies confirm or deny this and also state whether they will use the new company, Midas Press PLC! Picture of the Charterhouse offices above (they look expensive!)

...please, comments are welcome!

Printweek reports Midas at last!

29th January 2010 - Wow! what a response to the Midas situation on Printweek.com:

www.printweek.com/news/980464/Midas-Press-sold-management/

...lots and lots of comments.

Finally the press has latched on to this story - I started this blog on 22nd January...!
If anyone has information that people would like to publish (as long as it's not libellous or defamatory, just let me know)