Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Its pitiful tbh monti the way everyone is using deloittes threat to not speak about the report if fact no its not pitiful its just funny.
Lets keep quiet about a report thats available to all and sundry if you can prove you were actually idiotic enough to acquire a share certificate in this company. Im pleased I was in a nominee so I dont have to embarrassingly submit my name to deloittes
Does it go something like the company has numerous creditors, employee wage bills but no assets and income of any sorts and by the time we (deloittes) take our expenses there will be little chance of shareholders receiving any money
ODR1 - with respect, I cannot believe that Deloitte would go to that extent of tracking down an anonymous LSE BB poster given the time and money involved unless it’s ultra-confidential info. So, the bigger question is why go to all this length, if the company is going through the motions of a slow death. For the rest of us, who hold shares via a nominee account, and who are left wondering what is happening to our company, the brick wall we have hit is astonishing. Even the trustworthy posters are conspicuously quiet during this important period. In addition, no one is asking for a verbatim of the creditor report, just a signal if there is still hope and even then, the fear demonstrate is mind boggling. Conversely, you could argue there is hope here given those who have seen the report have not expressed those infamous words ‘teeets up’!
So is the paranoia justified here given FRR’s historical, implied CIA association? No. But be mindful when you get an unexpected knocking at the door in the middle of the night (hehehe).
And, most of the oil found has either been stolen and sold off, or caused environmental damage to the local areas.
I actually agree with you tsbs1.
The whole thing has been a scam and waste of time. Its as if there are many people supporting this outfit for the wrong reasons.
Theres been 20 years of secrecy with this company with only those at the very top knowing exactly what was going on. Theyve lied to us, misled us, fought behind the scenes to wrestle the company from us. We have only ever heard anything when they needed cash and it was probably lies anyway.
i cant imagine a report about the liquidation is worth reading to be honest ive seen plenty. This company isnt coming back and if it did it will never include existing shareholders. Plenty on here have said SN wont want to tarnish his familys name lol Id say that was well and truly done long ago with this debacle.
Lets hope justice catches up with them all but I wont hold my breath
Does anyone remember that time just before ZM was put in the front line for media presentations and SN said he would do a live Q&A, yet all he did was have pre-recorded messages? Says it all about the individual. Prove us wrong.....
Investors have put alot more than that it overtime.
Hi,
I do struggle to keep with events here- my shares are held in a nominee account with HL and just checking id I need to do anything or leave it as it is?
If this is a dead duck SN should go to prison for deceiving the investor to the sum of $500 million
Dead Duck.
Quack quack.
Dead duck
Dead Duck .
But they can't find Zaza. Irony
Who thinks this will come good, and who thinks this is a dead duck?
Ian12: they will be able to trace where the leak came from through lse. I would also add that one can't anonymously share the report as they emboss your personal email address all over it.
You will recall that I did reach out to FSHG with a suggestion that they contact the Liquidator direct to obtain the report for their already verified shareholder members. That was first thing Saturday. I haven't received any response/acknowledgement from them.
If there is an NDA in place, then we can assume that it also applies to SN and by implication to Looed as well.
If the report has an NDA, would they risk giving it out to shareholders, as anyone could tell someone else to leak it on here. How would they be able to trace where the leak came from??
Another good post Monty, that no share holders are willing to say positive or negative in their personal beliefs makes me think this will be a generic update? very strange indeed.
Many thanks drmike33 for advising how to get an update.
tabs, I know you won’t admit it, but you will still check in on our board as you do have the very slightest glimmer of hope inside you, just hang in there.
GLA real holders.
Drmike, many thanks for your guidance. I am also one of those that holds shares in a nominee account and have provided a screenshot of my holdings but received the same response as FinnFCR. I have replied back and now await a response. Nevertheless, it does seem that the NDA Deloitte has requested shareholders to sign before releasing the report is watertight as it has stopped everyone from saying anything meaningful. For me and many others, we are mystified with this approach. Should we interpret such an approach as good or bad and by having this approach, who is Deloitte trying to protect? Is it SN, the shareholders or just the Creditors. And when You say it is pointless for you or anyone else who has read the report to say much as each reader could arrive at differing Opinion, that is also a little strange thing to say as all shareholders objective should be the same: is there a way back for us. So the question for you personally is, are you hopeful or dejected after reading the report? But you don’t need to answer if you think it will open a deluge of new questions. However does the report give recommendations and does it give a date of the next creditor meeting?
Well, I suppose if it’s not that obvious if it’s a positive or negative depending on how you form your opinion then it is probably not that worthwhile doing anyway!
Nothing "mysterious", nothing "secret", nothing "disgusting".
Simply a case of requesting a copy of the report from Deloitte, which should be provided when ones shareholding status is confirmed, and then having the sense to comply with the clear confidentiality conditions.
It seems to me to be a pointless exercise for me or anyone else who has read the report to opine on whether it positive/negative or anything else. My opinion may be completely different to others. Everybody who is entitled. needs to read the report and form their own opinion.
The turnaround time by Deloittes in response to my request cannot be faulted, and I would again encourage shareholders to submit their requests.
all i would say is what a complete load of *******s time to switch off here for good
It’s all very mysterious…
Hi Bezzy,
All I will say is I would urge legitimate shareholders to request the report and make their own minds up. I'm very glad I spent a little time compiling my request on Saturday and received the report today. So again I would encourage you tosubmit your request, but always be mindful of the confidentiality caveats.
Good luck to all shareholders going forward.