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Just certificated my a/c tonight...stubborn to the end lol..
Very good
But if we all certificate you don't win karma
Just £21 . shocking isn't it.
All those promises from team clem and BMD; The dreams of billions of barrels in the Bahamas; absolutely ridiculous .
My three million twenty one quid
Unless someone is going to tell me it's two hundred and ten quid
Many Experts --- So give simple worth --
Just certificate
We are going to lose it all anyway
If it causes a few problems for him and his so righteous chums
Does anyone believe that they want to look after the true PI's????
Its interesting that the offer of 0.0007p is based on the 'cash' held.
However; do you recall that BMD stated they had invested £85,000 in 4 'investments'?
Now lets do some interesting maths. Earlier in the year BMD tweeted that the cash situation was about the same.
The last number we were given was £144k in 2017.
BMD's 'generous' offer values the company (its cash ) at just £62,645 and that's only what you will get a cut from.
Lets do some interesting maths; lets add £62,645 to £85,000; those mysterious investments.
We come up with a total of £147,645; a number spookily close to the 2017 figure of £144k.
The abscence of accounts clearly outlining the numbers is MOST regretable.
To all those taking the certificate dont forget that Levi and Chris Bailey (claifornia Joe) put in a clause in the last resolution that they coudl buy out anyone they didnt like for any value they decided, so i know that I would be thrown out anyway as they know who I am through trying to get me on board to topple the previous management.The previous management was pretty useless but not quite as corrupt as the present one, who dont even publish the cash position when deciding what to pay for he shares.
If we do the math they have shared about 80000 pounds amongst themselves over the last year, they certianly havent spent it on Sefton and if they dont agree , come out from where you are hiding and give us a set of accounts where you account for every penny that has disappeared.
Anyway be prepared that even if you ask for a certificate if they know who you are they are entitled to refuse you according to the rule they voted for at the AGM in a move that Putin would be proud of!
Hi Pete
What a total joke
Got to certificate
If i lose my twenty one quid so be it ha ha
levi is a cock roach, lets all hope he gets something real nasty , fin little w\n\ker , screwed me for 3k , transfer to certificate and screw him,,, ****
0.0007 PENCE
Values Sefton at £62,645
That's all very strange as on 22nd July 2017 BMD informed holders that Ellerton owed SER in excess of $200 K USD
On 14th March 2017 the update had these lines;
"2/ Sefton are currently in negotiation’s regarding a small producing oil asset on the African continent. Circa 100bopd. Due diligence is proceeding.
3/ The net cash balance of Sefton Resources has risen to £144,000."
=======================================================================================
£144K alone would, divided amongst the shares, works out at 0.00161p each.
If you have One million shares you might hope to receive back £16.10 that's if you could sell them."
With BMD's offer you only get £7.00 now!
it does not appear that BMD's offer is generous.
Agree with Buller, but I am going to take the certificate, if nothing else it may just **** them off.
I really dont understand the conversation on this forum. This share and company has been dead for a long time and the changes that BMD and California Joe has forced through just shows that they have the same disregard towards sharehodlers as the previous directors who these two characters opposed in the past. They are crooks, only in it for themselves and now they just want Sefton as a shell company for themselves. I dont care hwat they do with it but why would I ever invest in a compnay that these 2 were running as they have no track record in turning any company into profit. With no accounts, no cahs status, no updates and no activity none of us have any basis for asessing if any offer is fair but it really doesnt matter No sensible person hasnt written off their shareholding a long time ago. So I will tale the few pence and give them to charity (already claimed the losses agianst profits elsewhere tax wise).
I have learnt a lot from Sefton and could actually write a book about the worse company ever listed, how many bad directors and CEO s have we seen here (some of which were strongly supported by California Joe, who now has deleted me form his Twitter after first trying to convince me to throw my hat in the ring with him and BMD, how stupid can you be?). So many bad decisions, so much lying and cheating and incredible deception. The only good things are teh people I met through the forum and teh many lessons I learnt which has helped make money so many other places ., I actually did end in profit on Sefton considering the profits I made at first but the lessons are helping me in my trading every day.
Good Bye and good riddance Sefton, good luck to you all and please help me warn any shareholders in companies where BMD or California Joe makes an appearance with their ugly mugs!
Where is the independent oversight of this valuation process. Where has the cash gone?
How can anyone judge the fairness or otherwise?
Two years of missing accounts. Shareholders have been largely kept in the dark as to where the money has gone.
Haven't paid much attention to the detritus of my AIM exploits from several years ago, but am I safe to assume Sefton is a write-off, just accept the buy back and put the money towards a bag of crisps? Supermarket crisps.
0.0007p values SER at just £62,645 . Incredible.
Since Team Clem and BMD took over its been downhill all the way
Had a email from HL, 0.0007p per share. FFS !!!!!!
They're ok, but I bet they're a bitch to park.
Thanks HH.
Hello
When it delisted they sent me share certificate (ages ago).
Anyone know if that'll still be valid?
I emailed the company for advice and got naff all back?
Cheers
Nope not a thing
Perhaps we all should get certificates just to piss him off
Has anyone heard the purchase price yet ?
I'm with ii and have not received anything yet. What's the likelihood of them letting us know the purchase price at the 11th hour???
I've has a letter from the Share Centre this morning (dated 6 Sept) but it says the compulsory purchase price is "yet to be announced" - I have until 21 Sept to notify them if I wish to remain a shareholder.
Has anyone heard from their broker how much the shares will be bought for?
Thanks