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Appointment of Liquidators
In the High Court of Justice
No 006120 of 2019
XPLORER PLC
(Company Number 07987393)
Registered office: 3rd Floor, Westfield House, 60 Charter Row, Sheffield, S1 3FZ, previously of Brown McLeod Limited, 24 Hanover Square, 4th Floor, London, W1S 1JD.
Ashleigh William Fletcher (IP Number: 9566) and Kris Anthony Wigfield (IP Number: 22672), both of Begbies Traynor (SY) LLP of 3rd Floor, Westfield House, 60 Charter Row, Sheffield, S1 3FZ give notice that we were appointed as Joint Liquidators of the Company on 7 January 2020 by the Secretary of State.
NOTICE IS ALSO HEREBY GIVEN that creditors of the Company who have not yet proved their debts, should submit their proof of debt to the Joint Liquidators at 3rd Floor, Westfield House, 60 Charter Row, Sheffield, S1 3FZ. Any creditor who requires a proof of debt form (Form 4.25) can request a copy of the same by contacting Adele Hazlehurst whose contact details are provided below.
Office Holder Details: Ashleigh William Fletcher and Kris Anthony Wigfield (IP numbers 9566 and 22672) of Begbies Traynor (SY) LLP, 3rd Floor, Westfield House, 60 Charter Row, Sheffield S1 3FZ. Date of Appointment: 7 January 2020. Further information about this case is available from Adele Hazlehurst at the offices of Begbies Traynor (SY) LLP on 0114 2755033 or at adele.hazlehurst@btguk.com.
Ashleigh William Fletcher and Kris Anthony Wigfield , Joint Liquidators
15 January 2020
Still outstanding, what happens about the RBS charge?
......any news on resurrection ?
For this dog to still be listed they must have developed a vaccine
I still own a 22000 XPL shares, value showing as a approx 2k in trading account. Can i sell them? Is it too late? Might the company spark into life again or is it liquidated?
Still got an £85k RBS Charge on it at Companies House, What will happen there?
Just got my letter. That’s that then.
Compulsory strike off in 26 Feb 2019,
Compulsory strike off action suspended 8 Jan 2019
1 Outstanding charge still from 2012
All on companies house - is that it? - someone wanted it suspended...
Surely the humane thing to do is let it die...
They didn't file their end of year accounts on time, so companies house automatically started the strike off procedure. Compulsory strike-off action has been suspended at the request of Xplorer PLC.
Just received a letter from my broker informing me that there is a proposed strike off of the company, and that the shares have been removed by the registrar. That’s the end of that then. ****s.
is this company finished do they not have to say ?
Hi Folks. Nothing doing so far as any news is concerned. As I advised a while ago after contacting the Chairman, they have large debts but are still looking to do something with what is, in effect, a shell company.
I would be happy to join and/or work with a group of XPL private investors to move this stock on to some kind of conclusion, even if that only allows us to draw a line under our losses. For information only, I hold about 5% of the shares allocated. GLA
I don't know about not having enough percentage of shares between us, I don't have a vast amount, but if you can get in touch with "Jack Sht," he had the best part of £100k invested. ATB
Haven't heard a thing either. Would be in favour of your initiative tamer, but I doubt that we could muster the percentage of shares sufficient to enable our voices to be taken seriously. Happy to help though if needed, now or in the future.
....no not heard a peep.
I have a lot going on at the moment, but when I get time (next year) things are going to heat up for the board. At the very least they could give us an update.
I will be looking into criminal proceedings.
What I will require is a list of investors and the amount invested to form a group. As I say I have no time to deal with this at the moment, but I will deal with the loss of my money when the time is right, so the board better not feel relaxed that this has gone away.
Don't suppose anyone has heard anything more about this? I check back every few months hoping for change. Talk about hanging on .. lol
....the Board walk off into the sunset with all our cash?
A couple of intriguing posts in recent months from newbies...
Hi janes I have a position here can I ask what you are doing on behalf of your clients?
Looks like we have our answer then. I must qualify by now for an honorary degree in straw clutching :-)
Most probably someone searching the boards for work but, if indeed this is serious, my issue is not so much with Xplorer but the broker who constantly advised me to buy, knowing there was no market for me to sell into (at least not in the volumes that I held). My losses run in to the hundreds of thousands, having once held over 10% of XPL. I currently hold just over 560K shares.
I have 30,822 & 17,858. Bought at various points along the way. Basically XPL were due to RTO a company called Imara Energy, who owned two oil and gas assets in Africa. The shares were suspended when the company began the process, but shortly after the price of oil tanked hard. We have been in suspension ever since. The company apparently looked at other assets, power stations in Pakistan, a bus company, but to no avail. I can remember reading a tweet by Max Keiser, an associate of John Roddison saying how XPL holders would be having a bad xmas. This was just before the suspension I think. It seems like the bad xmas hasn't ended just yet!
I have 30,822 & 17,858. Bought at various points along the way. Basically XPL were due to RTO a company called Imara Energy, who owned two oil and gas assets in Africa. The shares were suspended when the company began the process, but shortly after the price of oil tanked hard. We have been in suspension ever since. The company apparently looked at other assets, power stations in Pakistan, a bus company, but to no avail. I can remember reading a tweet by Max Keiser, an associate of John Roddison saying how XPL holders would be having a bad xmas. This was just before the suspension I think. It seems like the bad xmas hasn't ended just yet!
If genuine? Here are my dealings: 6000 shares purchased between 20/10/2013 and 20/10/2014 in nine separate deals.