"The thought of BMD bringing another a super 'asset' like Kansas again to SER should make you shudder." Is this the same super asses that was sold for $5000 scrap value. Even Clem said that nomatter what the price of oil, the "super" asset would still be worthless.
Glad you reminded JAS about those 4 billion barrels of oil. LOL
JAS says ""Our finances are in a much better place now as the bleeding has stopped."
How can he say thay when he is unable to state how much cash SER have in the bank. Tell us JAS we all want to know how much cash SER have in the bank. JAS123456 should not be calling others numpties. People in glasshouses should not throw stones. ROFLOL
"Our finances are in a much better place now as the bleeding has stopped."
"They will be looking at opportunities, it's a guessing game what sector that may be in.
Could they take over a small distressed company for their listing it is probable ??" ======================================================
I despair when i read your posts. How can you possibly say the finances are in a much better place? If the cash situation was so much better now; why didn't Clem reveal the balance?
How can you say the bleeding has stopped? Have you ever considered there might be some very expensive "consultants " taking ridiculous fees? Clem refusing to reveal the cash balance makes me suspect the company IS being bled.
As for taking over a distressed company for their listing! Incredible thought. SER haver no more than £300k cash. How far will that go?. A "distressed company" !! What do you think any 'distressed company' will need? Bloody good businessmen with a plan for a start ,and of course a large shed load of finance.
Remember what Clem said about the costs of simply maintaining a listing?
The thought of BMD bringing another a super 'asset' like Kansas again to SER should make you shudder. If the companies 'distressed' its for dam good reasons.
I imagine the Team would love to get a listing by hook or crook because with one they could con the gullible yet again with tall stories of billions barrels of oil just waiting for us.
Another Jas quote;
"Cyan, Kool, Robert, Mr Jay, Kublikhan all spout things from the past they are pure numpties "
A Swifty quote;
"but there is supposed to be high end investors and a 4billion barrel deal, all of which seems to be forgotton" ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
That's your problem Jas; you have a very short memory.
The company with the poential 4 Billion barrels is BPC who have been looking for a partner with at least $100 million for exploratory drilling.
Who was it who claimed they were invoved in active negoiations for the 'potential' billions of barrels?
If you do not learn from past mistakes you are doomed to fail again and again.
I find it amazing that there are still so many people in here discussing this non-entity. There are even some believing they might get their money back. This company is like the parrot in Monty Python, it is well and truly dead! It is run by a man who is extremely busy with loads of other much bigger and more important projects. There are no assets , no production , no income and the only activity they are engaged in are various lawsuits which are emptying the last remaining embers of cash. Why anyone should believe that this would be the company that could rise from the ashes even if it has an idea or an investment is well beyond me and at this stage with information we have in front of us I don't see any light at the end of a tunnel. I only see a brick wall. The longer you hold on to any hope here, the longer it will take you to move on and recoup the losses on some of the many opportunities the markets are offering these days. Good luck to you all and good riddance to this disaster of a company, lot of lessons should be learned from the lies, embezzling, manipulation and fraud that took place at Sefton over many years and by virtually all management!
Swifty in his reply to Cyan2 (Post 16.53) says "i asked a simple question re your constant posting when you are not invested, you seem to be the angry frustrated one, it makes no sense why continuously go on about a share ur not invested in."
The piece "it makes no sense why continuously go on about a share ur not invested in." could also apply to BMD, TW, Jas123456, to name a few , who are continually writing about shares they are not invested in.
What is the difference between Cyan2 and those named above?. Answer = Nothing. Why not criticise TW, BMD, Jas 123456 etc etc?
So Cyan2 is as entitled to post on this BB as anybody else.
His posts highlight what exactly has been going on at SER and the truth hurts at times. If you do not like his posts just filter him.
Keep up the good work Cyan 2.
If people do not like what I post, then just filter me, as it will not bother me.
Who appointed RW and called her a "STAR" ? Who sold all his SER shares just before the shares were delisted. ? Who paid himself £49,999 more than he promised. ? Who tweeted that he was not selling SER shares, while at the SAME time was offloading his shares.? Who authorised payment of $400,000 to a bank to release a "valuable" asset that was later sold for scrap for $5000. Who wrote that there was a new NOMAD in place?
Of course the lemming like followers do not like these questions to be highlighted. But folks they are questions about SER that need to be asked and highlighted.
Agreed. Its how they intend to move on. What's needed from the existing shareholders and timescale for investor return that's important. However we don't want months of speculation, for them to turn around and say there's nothing left.
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