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I guess the outburst from our own Capt Grimsby last night was understandable if misplaced as Looed is only a messenger and not the author of the message. Our frustrations are running high because after Thursday’s meeting, we are left to wonder what is happening. Looed mentioned that this was the first Creditor meeting alluding there could be more. I am sure Team-FRR are fully cognizant of our feelings so it begs the question why have we not received a message either via Jim Slade or Looed? The reason could be one of these: 1) debt reorganization is underway and will require follow up meeting(s) to finalize and conclude before it can be announced, 2) Company unwilling to issue any unofficial statement in case it is referred back to the liquidator, 3) no deal reached and therefore wind up is being concluded.
Bravo jmolina and ODR.
See what I mean gotreal!
Positive over neg everytime for me.
Please ignore Looed, one of the cuckoos flew the nest last night, hopefully it’s back on the meds now
GLA real holders
Oh dear, someone was on the lash yesterday evening ...which is fine, but it is not acceptable to make accusations against Looed given what he has done for the readers of this board.
I thought that given his credentials have been verified and the source of his information independently confirmed that such stupid accusations would be behind us, but sadly not.
Looed - please ignore the (clearly) drunken rant.
Maybe well spotted ! But .
Money
Tickets ! Please , the yanks have took us brits for num heads , f..ked us over big time , i have no faith in the west , god knows what we !
Lifeishard, I cling on to that hope! I still have my tickets....
Ricardo2019, the train is just running late
https://m.youtube.com/watch?v=A0F9lh8TiSM
Ricardo,
I echo your sentiments entirely!
My only reply is…………. ‘woof woof’ 😝
If you think the liquidators, who'll have a bunch of overworked, underpaid Generation Z'ers on the team who friggin grew up with the internet, can't use Google to find this place on their own then I don't know what to say to you....
The Company knows that whatever they send to Looed is effectively immediately public and they won't be telling Looed anything that they wouldn't want anyone else to know. Don't fall into the trap of thinking you are all getting some special secret messages from the Company - you aren't.
The more this goes on the more I think we've been hoodwinked by the company. But I keep visiting here in forlorn hope like a dog on a station platform whose owner departed on a train days ago and hasn't yet come back.
I hope not as well, but that is my fear. We shall see.
Let us hope that is not the case njames 😞
I doubt there will ever be another update from the company via Looed on this site after a poster took the exact words and sent them to the liquidators.
Gotreal, the very same could be said for the people who post stating the opposite to my personal belief, LSE has kindly given us all a great little add on, the filter button, so crack on to anyone who wishes to use it.
Time will tell all tales in our ongoing saga?
GLA real holders
Hi Looed - I think Deloitte has already stated that any matters relating to FRR should be directed to them, so I am pretty sure there is going to be no response, just like my numerous previous emails to that address. Nevertheless, for a piece of mind, I will do as you say and drop a courtesy email enquiring about yesterdays meeting. Thanks again.
Montiburns - yes we are saying the same thing. At some point Deloitte will contact shareholders.
I always encourage people to contact the company so yes, worth reaching out. The info@ email address is monitored.
Let me also add my thanks Looed. As you can tell, there are many people who are holding their breath wondering what transpired yesterday. From my perspective, Deloitte will have to issue a shareholder notification in due course on whether a deal was reached with the creditors or no deal and therefore the company is being wound down especially as there are no assets or cash in the company to keep Deloitte employed. Sure, there is a legal and a due process before shareholders are informed but it would not be unreasonable to try and get an early little heads-up from the company if possible things are moving in the right directions. I can als u Der stand FRR’s reservation or not saying much in case it is used by dark forces.
From your perspective, do you think it would be wise to stay quiet and wait for the news to drop or is it worth reaching out to the company for a quick update?
LIH.... I think many are becoming a little tired of your fanboy ravings.... In the circumstances it isn't really appropriate.
Morning Looed,
Thanks for coming back with your thoughts.
I did hope the company may have had something to say on proceedings, but if things still need to be ratified by the court (if we’re at that point), then I can understand why they’re remaining tight lipped for now.
Fingers crossed for a favourable outcome.
Bezzy
Hi Bezzy –
The meeting in Cayman was the first creditor meeting. If there is a deal in place, or, as Deliotte have previously stated, there are no assets, it could very well the last creditor meeting or one of only a few that will take place. Once these meetings are concluded the JOL’s will prepare a final report / statement that will be distributed to stakeholders informing them of their findings, disbursements, fees etc. as well as the JOL’s recommendation to the court. If there is a deal agreed and with the right ratio of creditors, the JOL’s still need to present it to the court for final approval. Regardless of what happened at the meeting yesterday, it needs the court to sign off on it.
I have no information to share from the company side.
It does not matter about me Lifeishard ! It matters about the reality here , it is beyond shocking and your leader as you deem allowed this shocker to happen , you can side with ever you like and your choice ! In my honest opinion all are a bunch of crooks and dont give a monkeys about us , i am human and deeply wounded here ,maybe you like to be stabbed , shat on , spat on and dragged thru f...n many years of pain .
Can anyone tell me have they ever come across a company like ours?
who has been through a global pandemic that lasted for yrs, a crisis that bad it finished off huge amounts of companies even national type companies, had board directors trying to swindle real holders and an owner leader out of his and real share holders of their company?
Had and still has court dealings, with winning near all of them slowly but surely, with a leader who comes from a “properly” clued up and very successful family , with a background of working in seriously corrupt countries like Conoco did and where as far as I could research they did pretty bloody good work in these countries.
Now the world for me right now is in a financial world war, never mind actual wars with spewtin.
Well as dark tunnels go folks, we have been in one for a very very long time, but in my tunnel a light shines, don’t give up hope real holders, we have our very own “S”aint “N”ick on our side, he has his A-Team kicking ass as far as I can see and read?
Throw in the mix a super sleuth, named in the court dealings, a sleuth who dropped little hints many moons ago saying he/she wanted to one day divulge more but couldn’t back then, a sleuth that gets barracked left right and centre , spends unreal amounts of personal time on a board with us real holders and the cuckoo nest crew like Billy Bibbit and his mates, yet still keeps us updated!
My gut tells me this is not over, my hope and belief is in our leader smashing it out the park better than Babe Ruth ever did.
All things bright and beautiful, all companies great and small, just like ours ?
Smellysausage back on the scene, gotta an itch that’s driving it crazy, possibly been dipping it in the ladyboy 1,2,3bore’s anchovies tin box.
Sdyas, I have, I bought shares in his / our company, hmmm and here is me thinking you was a nice human
GLA real holders for the best outcome here, my favourite hymn is being sung daily for good vibes, thanks ZZ tops for bringing it back in my life.
“ all things bright and beautiful, all companies great and small , just like ours “ ??
We will end up owing them money ! Lifeishard pretty sure you will help our leader !
Hmm pressed to soon , should have finished with …..so I don’t suppose we will get an update from the Co .