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They say nothing because they have nothing but embarrassing developments.
Rainbow you posted this.
We were not promised exciting news "shortly".
We were told it would be in the up-coming months
Here is a copy of the email nothing wrong with my memory.
Dear FSHG Member
Our last email effectively said that we would “hibernate” until we received further substantive news. We also mentioned that the company did not seem to wish to communicate with any shareholder group. However one of our members – and a shareholder with whom we have had previous contact – has suggested we share the following very recent communication:
“Mr. XXXX
Thanks for your message. For your information, Frontera Resources terminated its affiliation with its former CEO, Zaza Mamulaishvili, and removed him from its Board of Directors. The company simultaneously filed an action seeking significant damages from Mr. Mamulaishvili. The company intends to vigorously contest the retaliatory and unmerited action later brought against its Board of Directors by Mr. Mamulaishvili last week and will pursue Mr. Mamulaishvili to the fullest extent of the law in the US and Georgia.
Frontera is in the process of evolving its business plan, including a new management team, and is looking forward to communicating more exciting details shortly.”
We offer no comment whatsoever, but we can confirm that we have seen the entire email exchange. We can also confirm that the email exchange gives the recipient permission to forward the above information to other shareholders.
Best Regards
FSHG Team – January 27th 2021 compelled to accept?
Try to remember that due to FTI shareholders are not be contacted otherwise it’s a breach of liquidation rules.
Rainbow, I’ve been fairly fortunate elsewhere so whilst I think the company and their treatment of shareholders is digesting, the lights are still on. So I’m sitting in the boat with you chum.
The others have a right to to do what they wish.
Play the tunes Mr, play the music.
rainbow youre a great guy the company doesnt deserve a shareholder like you
Theyve not looked after you with the same amount of loyalty as youve given them
We were not promised exciting news "shortly".
We were told it would be in the up-coming months.
Anybody in the above after nearly 2.5 years not one word in print are on cloud cuckoo I posted below 6 days ago.
Are we as SHAREHOLDERS just going to lie down and play dead with this farce, or when its to late to do anything are we going to be saying we should have done something.
This lurches from disaster to another we were told exciting news SHORTLY that did not happen I think we are being b/s.
Why not get a collection together and get a legal eagle on the JOB and get some answers as we should be informed what is going on we are in our third year.
Jim I do not know how they contacted you email, phone, however they contacted you I am not being funny but for all you know it could be the cleaner, we are 24 months down the road 3 months ago someone was contacted a poster and was given the jam tomorrow message exciting news and now we have another one.
We were promised RNS through reach when they delisted after 24 months of no contact we should have this in BLACK and WHITE from the company!!!!
Jim I am not having a go at you thanks for info.