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ETF Investing made simple; CEO of justETF explains why


Sefton Resources Inc. Share Chat (SER)


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Sefton Resources Inc. shares appear to be de-listed or suspended.


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kievsky
Posts: 303
Observation
Opinion:No Opinion
Price:0.00
Statement
Tue 23:35
Good statement from SER. We're still alive. Love the warning at the bottom of the statement. That should keep the idots away. We all know who they are. Good luck dan. Do us proud again.
 
Mr_Jay
Posts: 1,643
Off Topic
Opinion:No Opinion
Price:0.00
View Thread (3)
OMG!
Sun 12:47
Where's all the bloody money gone? Clem's robbed us which we kinda expected but to add now Dan Levi's back! The drama at Sefton continues. Let's see how the bank robbers going to fleece us again.
cyan2
Posts: 744
Off Topic
Opinion:No Opinion
Price:0.00
OMG where has all the cash gone?
Fri 21:37
On 1st september 2016 Clem wrote;

I have been asked to update you on our money/cash situation. As of writing, including our legal
insurance cost refunds and after extensive work reorganizing the company structure with
associated costs, we have approximately £300,000 in cash and cash receivables (£190,000 in
cash and $140,000 via the lien). Our overheads are now small so we have time to look for the
right opportunity.
When that opportunity does arise I will of course let you know.

http://www.seftonresources.net/news/pressreleases/Sefton%20Update%2001-09-16F.pdf

In the 6 months since, where has all the money gone?

We learn how much has disappeared from this line today;

"They have invested at a small premium to the projected value of the company’s net cash, £15,000."
cyan2
Posts: 744
Off Topic
Opinion:No Opinion
Price:0.00
Where are the accounts?
Fri 20:10
What!!

"They have invested at a small premium to the projected value of the company’s net cash, £15,000."

OMG! Is that all that's left? So they were blowing more than ten grand a month. Scandalous .

Ten months on from promising the accounts clueless Clem passes the scant remains to BMD.

The continued absence of any accounts is outrageous.

Any shareholder should ask has happened to all the money and how much they have been further diluted by the new interest.
Yorkshireman
Posts: 1,377
Off Topic
Opinion:No Opinion
Price:0.00
One
Fri 19:23
So a 5 or 6 means i may make money??
aston74
Posts: 2,907
Off Topic
Opinion:No Opinion
Price:0.00
one
Fri 19:15
last throw of the dice, much better than returning 1p in the £ to shareholders IMO
HotShot69
Posts: 1,597
Off Topic
Opinion:No Opinion
Price:0.00
Statement.
Thu 19:48
Sefton Resources Inc

Statement

In our last update we informed you that we would be making a distribution of spare cash and closing down the business. This was due to the scuttling of opportunities we had lined up, by a small group of shareholders who threatened but did not deliver an EGM. This scuppered our efforts as no one will fund or enter a material deal with a management on the brink of being replaced. This threat therefore made the continuation of Sefton unattractive. A number of shareholders consequentially pleaded with us to do something with the business rather than shutter it and pay out nominal sums to shareholders, but we felt unable to take this tack. Subsequently we were made an offer of an investment in the company that would break the stalemate and inject new prospects for the business. As you may well be used to by now a random problem struck. This opportunity was halted by the intervention of our legal insurers who have decided to cease paying out our legal costs and contest the situation and throw the whole situation into flux. Happily after a delay and further discussions we have come to terms with the proposed investors. They have invested at a small premium to the projected value of the company’s net cash, £15,000. They have the support of enough shareholders to command what amounts to control, through their ability to invoke an EGM and place themselves on the board and replace myself and Michael Hodges as directors. However, it was their willingness to put cold hard cash into the company that made us open to their approach. They have requested to replace Michael and I and we will be stepping aside as directors, for them to take over taking the business forwards. The party in question is Dan Levi and Mike Barnes. Dan Levi should be well known to you while Mike Barnes is an FCA regulated wealth manager. Mr Levi having rescued Sefton from the teeth of collapse in early 2015 is keen to try to do the same again and from my observations and experience of working with him over that period I can say, if anyone can, it would be Mr Levi. Mr Barnes is not known to me but as a regulated person that credential is good comfort. Mr Levi has significant support from Sefton shareholders, enough to carry or vigorously oppose any EGM, has intimate knowledge of the business, a record of turning this company around in the past and the will and energy to try and do so again. As your retiring board we think that this is the best prospect for shareholders.
HotShot69
Posts: 1,597
Off Topic
Opinion:No Opinion
Price:0.00
Hmm...
Thu 19:43
Out of the frying pan... into the fire?? We shall see... only time will tell.
JAS123456
Posts: 3,148
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.00
View Thread (2)
RE: SER
Thu 18:04
Shhhhhhhhhh! !! you'll wake up the numpties 😂😂😂😂😂😂😂😂😂😂😂😆😆😆😆😆😆😆😄😄😄😄😄😄😄😛😛😛😛😛😝😝😝😝😝😝

VIVA DAN! !!
aston74
Posts: 2,907
Off Topic
Opinion:No Opinion
Price:0.00
View Thread (2)
SER
Thu 18:01
Is back....




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