ShareSoc wrote to shareholders in Foresight 4 VCT (FTF) in advance of the AGM on the 30th September. We suggested shareholders vote against the re-election of the directors. For the background, see: http://www.sharesoc.org/foresight4.html . Subsequently the board of the company indicated they were considering a merger with Foresight 3 VCT and also commented on our letter.
A riposte has been published here: http://www.sharesoc.org/Foresight-4-Update-1.pdf. As the note says, the tone and content of the comments are typical of a board attempting to distract shareholders away from their own failings.
Shareholders in Foresight 4 are encouraged to attend the AGM to learn more about the issues.