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No-one, who looks objectively at the history of BMD's involvement with SER, supporting 'Team Clem' to its ultimate crash out of AIM ,will say that he has done shareholders any favours. You are obviously close to him, Swifty16. As for how much cash is left to divide out; who knows?. BMD has not produced up to date accounts. Is it still �144k; has it gone up or down? Also, I would like you to please explain why SER needed additional directors? CJ , for example, is an old supporter; part of the old ramping crew that worked so hard to suck pi's into this disaster with ramping drivel. The AGM will be entertaining. Perhaps BMD will do a stand up routine with CJ . Perhaps attempting to re-assure shareholders with amazing tales of the bright future to come in The Bahamas with those '4 billion barrels potential' assets. lol
no im not give me your number and i shall call to confirm- so you really think he will go to all that bother to split 45% of 85000. what is your name. so thats approx 40k split how many ways
swifty16 Are you are one of BMD's 'lucky' mates who were appointed to the board and were given shares,? Where did I say "nothing". There WAS maybe �144k left imo. What is there now? "Sefton Resources Progress Update 14 March 2017 3/ The net cash balance of Sefton Resources has risen to �144,000." Seftons update on 1st July 2017 stated; "The current amount invested in four natural resource companies totals �85,000." There are supposed to be 4 investments but in what and how have they performed?. BMD has overseen a GIGANTIC issue of new shares which he and his NEDS shared out between themselves in payment for services. What have they done to earn them? BMD and his 'directors' now own 45% of the company. Its a scandal. I remember BMD ****ging off others for the creation of unlimited shares but that is exactly what he has done diluting existing holders stock value dramatically. I wonder how many more "awards" will be announced?
sorry im confused - u said sefton is worth nothing - now you are saying bmd grabbing all the money - by all i take it you mean 45% of 0. yes it says to 31/1/16 so it obviously is. i assume to 31/1/17 will be done soon. prob find out at agm
Swifty16 Did you notice that the accounts published (after I posted here) are for up to 31st January 2016? Where are the accounts for the year to 31st January 2017 , Never mind 2018? BMD has turned SER into a laughing stock and shareholders are trapped whilst he and his mates have turned it into a confetti machine; On 31st december 2015 there were 812,741,519 shares in issue. NOW there are an incredible 8,949,299,416. More than TEN times as many. All the "awards" to directors has gradually transferred SER's 'wealth' to them. They now own over 45% of the company. Shareholders have been diluted to oblivion whilst the 'directors' grab the company's wealth. Great work! So BMD will have an AGM and no-one will have the numbers for what has happened under Clems or BMD's stewardship in the LAST TWO YEARS!. What kind of AGM will that be?
cyan darling they are here - what u saying now
On 9th April 2018 BMD tweeted; Mr Daniel Levi (Sinner)‏ @BrokermanDaniel Apr 9 ⦁ Good news for ⦁ @SeftonResources Accounts will be out this week & AGM will B called. ⦁ #GayVillage location Manchester ===================================================================================== Where are they? Hellooo?, Promises, promises
On 22nd July 2017 BMD claimed that the accounts were being prepared. On 4th October 2017 BMD tweeted the line; "We await accounts then we call AGM etc Update after AGM ⦁ #SER" On 2nd February 2018 BMD tweeted the line;⦁ "We're sorting the accounts. Things going slowly but all cash is preserved for the big push. ⦁ #SER AGM soon." So who is responsible for the delay? Can't wait to hear again about those 4 billion barrels potential in the Bahamas that people were duped into believing he was negotiating.
Need to knowf this is dead or alive.If dead ok if not then we need to know the latest now.
What for, no one will do anything anyway, robbing barsterds
I think that the time to stop effing about has arrived and I will now start to do some digging to see if there is anyone at home.
He's going to publish accounts then call agm. That should be interesting. It'll be him and his mates he's issued billions of shares to. Fantastic, unless you're a previous shareholder.
Last sentence in first paragraph in report. 'Take note Sefton will pursue Ellerton for full payment and all costs associated with its return.' Have we received any money and if not why not but if we have why haven't we been told ?
The last time this company issued proper accounts was on 30th September 2015. On 22nd July 2017 BMD issued an update that stated that the consolidated accounts were "in the process of being formalised" About time some accounts were published. What's the problem?
how many shares did we have before that arse took over and how man have we got now? The hypocrisy when he shouts on about others diluting to raise funds. Complete shyster in my opinion.
I think that the situation is - there are so many billion shares that directors etc hold - so each share held by normal people worth fall ................ f... all -- shame how intelligent armed robber - now reformed - can't put this right - or can he - or is it likely he will want to ? over to you Dan - know you read this board :D
What is the present situation since the Court case? http://www.seftonresources.com/news/pressreleases/SeftonUpdate22July2017.pdf Can we some answers?
Re former CEO of SER. Which was worse? 16 years behind bars for armed robbery or damaged ego having lost complaint against the press.. Probably the latter!
Comp or me not working right
What?
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Looks like buller was right -- once a toss..er always a toss..er - so me and all other investors lost everything -- gl brokerman dan -- dont make up for your wrongdoings - but dont forget -- what goes around comes around - hope it hits you hard :D
Good post Buller, you were always on the ball with Sefton. Good luck
I think this is his opportunity to prove that one way or the other.