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Leading commentator Josh Mahony from IG - are we seeing a US$ revaluation? Watch here

Leading commentator Josh Mahony from IG - are we seeing a US$ revaluation?


Sefton Resources Inc. Share Chat (SER)


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cyan2
Posts: 806
Off Topic
Opinion:No Opinion
Price:0.00
RE: RE:General
Today 18:16
No hope , unless you are a director and the company gets wound up.
Time will tell.
This company has a history of self serving management creating enormous numbers of shares and rewarding themselves generously.

To pay 'fees' in advance absolutely STINKS .
 
pikeypete
Posts: 552
Off Topic
Opinion:No Opinion
Price:0.00
RE:General
Today 17:25
hi cyan 2 my originol thought were good its coming back , something better than nought , however since paying them selves in advance , it be comes a no hope situation , utter @@st@rds over and out ..
cyan2
Posts: 806
Off Topic
Opinion:No Opinion
Price:0.00
RE: General
Today 16:05
Good afternoon MRPlumper

Multi bagging? : don't hold your breath lol.

When has this ever been a serious company with prospects?
MRPlumper
Posts: 1,771
Premium Chat Member
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Opinion:No Opinion
Price:0.00
RE: General
Today 13:50
Thanks cyan2
My five and a half million shares are worth 88 pounds
I suppose its a bit early to talk about multi bagging he he
cyan2
Posts: 806
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Opinion:No Opinion
Price:0.00
View Thread (2)
RE: General
Today 11:59
The website is back up and the latest update can be read here;

hTTp://www.seftonresources.com/news/pressreleases/SeftonUpdate22July2017.pdf

SER has so little cash value now. Be interesting t read the accounts. My guestimate is , maybe , worth £150k.

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 these awards to directors is gradually transferring SER's 'wealth' to them. They now own over 45% of the company.
If SER has a value of £150k then each share is worth 0.001676108 PENCE.
If you own 1,000 shares they are , in theory, worth 1.6 PENCE; If you own ONE MILLION shares; value is £16.
How on Earth are shareholders going to get anything significant back?
The longer this farce goes on the more shares will be paid in 'FEES' to the directors . Its a transference of the company's 'wealth'.
And why does this company need 4 new directors?
How many people are paid UPFRONT' their fees without even doing a days work?
What do these 4 NEDS actually DO?
What value do they add?
Steptoesattic
Posts: 18
Question
Opinion:No Opinion
Price:0.00
General
Today 09:37
Hi All,

Stupid question ,

Any chance of getting anything back from this , ever?

Thoughts
cyan2
Posts: 806
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Opinion:No Opinion
Price:0.00
Website is down
Wed 12:34
It appears the Sefton resources web site is down at the moment.

Tried looking today to see if there was any further news following the publishing on the website of an update dated 22nd July.
Daniel LEVI made a number of statements including that accounts were being prepared. Been a very long time coming.

The significant revelation in that update was that the new directors were paid their 'fees' UPFRONT..

Following awards to the directors including Dan the update revealed that the share in issue has ballooned to an incredible 8,949,299,416 shares.

The directors now own over 45% of the shares in issue. Existing shareholders are being diluted to oblivion.
cyan2
Posts: 806
Off Topic
Opinion:No Opinion
Price:0.00
View Thread (2)
RE: robert 34
19 Jul '17
Good morning reso,

Chrisoil has been quiet as I understand he and other characters involved in SER and elsewhere were the subject of investigations. Did you notice how Ca lif ornia, Jo e 's blog disappeared for a time . Chrisoils too and both have deleted huge chunks of their blog histories; embarrassed or what?

In fact BMD has been at that game. You can not now read his 2012 blog hailing SER to be a fantastic buy and potentially worth £173 MILLION. Laughable. What a fool he was and is.

Chrisoil used to post here as SUPERSHARE, I suppose you knew that.

Another reason he went quiet was he was in desperate financial straits trying to fend off bankruptcy petitions. He was having to sell almost everything he owned to pay off his bad calls. Do you remember AEY? CHAMBERS, LEVI and Chrisoil as a group all bought in to , effectively, ****et bag. Chris , due to his desperate financial state, had to sell off his AEY before 'pay day' (still awaited I understand). What a team!
There is zero chance Chrisoil would be given a NED here. He fell out with BMD who accused him of stabbing other SER shareholders in the back by selling all his SER shares (for a pittance) to Ben TURNEY (would you believe it?)
Not to BMD; wow!
That gave TURNEY a lot of firepower so he could request the EGM. He had totally unrealistic plans but eventually came around to the sensible conclusion that a wind up and distribution were the only way forward and in shareholders best interests. CHAMBERS avoided the EGM that would oust him by contradictingly claiming he never received the request and then that it was worded wrong.
TURNEY explained how the request had been sent recorded all over the show , including to the BVI, and stated its wording was the same as the one that 'clueless'Clem had submitted ; only the names changed. Turney publicly accused Chambers of being a liar. Chambers did not take action regarding this potential 'libel'. Read into that what you may.
reso
Posts: 2,222
Off Topic
Opinion:No Opinion
Price:0.00
RE: robert 34
19 Jul '17
cyan2,

... maybe the 5th NED was indeed to have been 'Chrisoil', himself!
Gone very quiet of late, maybe mummy has locked him in the broom cupboard of 'her' B&B ( castle ).
cyan2
Posts: 806
Off Topic
Opinion:No Opinion
Price:0.00
RE: robert 34
18 Jul '17
Hi reso;
Your mention of ADVFN just makes my blood boil. Clem actively protected the idiot Chrisoil in his rampings and BMD who is constantly spamming.

Have you read on Share prophets today where TW is complimenting ADVFN for dealing with abuse. ?

You should read the truly disgusting things Chrisoil wrote on various threads. I had to put up with direct threats of violence from chrisoil on the SER threads which included threats to blow my head off and they knew where I lived and so on. The whole lot are despicable.

ADVFN can not claim they did not receive complaints.

If the NEDS have simply been given shares up front its a scandal. Looks like the fifth NED who did not take up the position had a conscience. Don't know how the others sleep at night.




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