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I was a bit concerned by the leak of the RS report as it been so closely kept secret for so long.
It looks very much like now they have leaked the report themselves, knowing full well how damming and important this will be later on.
When I read this release, Stas is correct it has seven pages. I’m certainly wouldn’t have had the impact if it had been released as shown on their website. In fact, I would think he would’ve been dismissed. This was done to keep the liquidity in the market, as it wouldn’t have had any other effect at that time.
As time goes on, it’s looking more lightly that the investors in COPL. Where targeted by a well organised group of fraudsters, and I think it all started back when we bought atomic and then CUDA.
Enraged is an understatement. this is nothing short of just being mugged.
All of the effort to redesign the website and to contact potential suitors has been wasted. A lot of shareholders (including me) will be enraged at this latest development. AM really has to watch his back.
In fact Shouston as the text placed - "Further to COPL’s press release dated August 5, 2022 concerning the deep oil Discovery within the Converse and Natrona Counties of Wyoming, the following information is disclosed"
- then the fact it was a disclosure against a past RNS that would have had significant meaning, that in itself should have been RNS'd it was not. so to be honest outside of a forensic analysis of the document which could be done, the changes, whenever they were conducted, should have been announced. They were not.
Its the cover up that gets you Art
Montifino, I am not sure if the pdf the wayback machine are opening are as they were, I suspect the button is linking to the original document position, that is for sure but the wayback machine unless it had actually downloaded the original document in its original form would be of little use. The bottom line is we know for sure that the pdf on the copl website as being August the 5th news release is not as shown by the official RNS or SEDAR document. It has four additional pages.
Those 4 additional pages are damning, the text stating that the "The Total Petroleum Initially-In-Place (TPIIP) of 993.5 million barrels of oil quoted in our press release, dated August 5, 2022, includes Discovered sub-commercial (contingent) volumes and Undiscovered volumes of petroleum initially-in-place (prospective) and represents the 100% (gross) working interests. (COPL has disclosed reserves related information elsewhere." Is important.
Who would have been quoting 993.5 million barrels if we knew that number contained Discovered sub-commercial volumes, who would invest into volumes that are sub commercial. Bottom line the report on the COPL website has;
1. Been doctored
2. The page is entitled NEWS RELEASES, yet the document it links too was not the news release as released to RNS or SEDAR on the 5th August.
3. We don't know when it was changed, we can speculate but for sure the changes themselves were never RNS'd to inform the market that the 993.5 million barrels contained volumes of sub commercial nature.
I suspect it has been changed to reflect the leaked RS report
Yes the one document does seem to have been updated.
I find it strange that in a report issued on 5th August 2022 they add the text....
"Further to COPL’s press release dated August 5, 2022 concerning the deep oil Discovery within the Converse
and Natrona Counties of Wyoming, the following information is disclosed to provide further clarity on the
nature of the Resource Report referred to in the press release."
How can they state "Further too", when the extra pages have been added to a press released dated 5th August.
Art I hope you have a good set of lawyers
Ok. This maybe incorrect. Wayback machine has 2 snapshots from 12 months and 14 months ago with the pdf as it appears today.
Hope everyone has sent personal emails and texts from art to cag as fca don’t care
I mean if we can’t get Arthur on this blatant fraud then I really do despair.
Arthur’s misled me repeatedly. I’ve sent all the emails / texts I’ve had from him in to the FCA. Encourage everyone to do the same.
There must be enough to get him surely.
To cover up the fraud.
All connected to COPL are wealthy. We will claim our money back through the class action. 100%
So the real report isn’t good and the released info from copl has been changed to con all investors? Was the leaked report yesterday the real one then? If there is no big find why are they all trying to remove us and have it for themselves? I’m confused as always
Well this has taken another turn, what a sorry state, personally I don’t hold any hope now for recompense. Hopefully jail for several of these fraudsters, I hope they’re having sleepless nights, I’ve certainly had a few but I’m over it now, life goes on.
I’ve spoken to them before on the phone and got the distinct impression that they were NOT happy with how their report had been portrayed / obfuscated by Arthur.
Unbelievable.
I think the legal team will have the experts on to this. You cant get away with document fraud. Its easy for the experts to trace.
Compare the original with what now appears on the COPL website
https://www.canoverseas.com/wp-content/uploads/2022/10/COPL-Press-Release-RNS-Final.pdf
conmen. how many would have invested for the un-risked numbers they show there!
Ryder Scott will have some talking to do, they knew how their numbers were being reported and did nothing, how do I know, I've been in discussion with them in the past and made them aware, they continually argued NDA confidentiality, couldn't talk about clients etc. they will when they are subpoenaed.
As I understand it, Arthur Millholland doctored this, duping Pis, Summit, Anavio - hence why he never released the real report to the market.
AM is a fraudster.
No big bids then?
The RS report on the COPL website has been doctored from the original.
I have never remembered seeing those pages in the original from page 7 onwards, so I have checked. The original RNS and the original SEDAR release were identical and they ended on page 7. You can see them here,
https://www.investegate.co.uk/announcement/rns/canadian-overseas-petroleum-limited-di---copl/resource-report-confirms-wyoming-oil-discovery/7010602
and here
https://www.sedarplus.ca/csa-party/records/document.html?id=e5b11757321de9847ef4c31928461dc8d06f4882661f2577d24b6fbc66c47bda
This new report has been doctored, likely due to the leak of the latest RS report.
The 4 pages following page 7 are new, indeed not only has it been doctored but its too obvious, open the document in pdf continuous page and the first thing you notice is that page 8 is just slightly a larger size, the text is slightly different and the page numbering ends, it is not continuous. We are being fed a lie here. this is open fraud, this information added here was never released in the original and now they seek to mitigate their lies with such paragraph as,
"The Total Petroleum Initially-In-Place (TPIIP) of 993.5 million barrels of oil quoted in our press release, dated
August 5, 2022, includes Discovered sub-commercial (contingent) volumes and Undiscovered volumes of
petroleum initially-in-place (prospective) and represents the 100% (gross) working interests. (COPL has
disclosed reserves related information elsewhere.)"
We have been conned, note also they have note dated when they added the additional text, lies upon lies here