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Started: Camkite, 12 Jun 2024 13:19
Last post: Camkite, 14 Jun 2024 09:58
Spoke to broker about this…
Company was officially made bankrupt in January… why there’s been no correspondence to the market is somewhat weird. Officially game over tho.
My G3E shares have gone
Started: Finwittrader, 12 May 2024 17:59
Last post: rooblertwo, 13 May 2024 18:16
Hey,
No I haven't I will look into it.
Where did you see the info on that?
Hi Roobler two. Have you signed up for Cag at Copl?
I see you were a genuine holder so will have lost big there. Time to get your money back!
Last post: Mark@1973, 10 May 2024 08:03
Best we can hope for is that it ends up at zero debt with everything payed off and then they use the listing for something else 🤷♂️
The company is in the process of liquidation ( apparently ) the liquidators are now the directors of the company and it is still being run by those directors. Impossible to get any info. No doubt the fee being charged are colossal and even though we know the company assets far far far outweighed the debt owed I suspect this will be strung out just long enough to use the surplus up in fees.
It was probably originally thought that the excess would be used up with a year or so but as energy prices have soared over the last couple of years so has the value of the assets so it’s turned into the gift that keeps giving I suspect 🤦♂️
Can’t get a reply from anyone connected to the process.
Hello everyone, I feeling that is more criminal problem right now, I have 44900 shares right know and I don't know what happening inside, if possible somebody can advise me which address is correct for legal process because I am foreigner and I posted small money and I want to know what I should do it,
Regards,
Have good lives guys, life goes on.
Scandalous
Rock n roll chaps. Remember, forever, at least we aren’t them. Something to be proud of !!!
Power to the people. One day.
Last post: Happyman212, 15 Jun 2023 10:14
Helpful - if nothing else I want the share gone off my account so I can close my Halifax investing account , having to pay a £36 fee per annum for this bloody share hahaha
I’ve heard back from HL and they are getting in touch in order to get an update. I suggest everyone does the same with their brokers …
I had shares in Greka as well this one. Every company this guy creates turns to dust. Have decided to share gift it just to get it off my books with interactive investor. I do not like to be reminded of it every time I open my portfolio!!
Myself and iknownuffin have both emailed our brokers asking for updates / explanations as to the situation. I’d suggest everyone does the same … and often!
Think your bang on mark, it’s still going and we cannot do **** all it seems
Started: rooblertwo, 31 Oct 2022 10:21
Last post: rooblertwo, 31 Oct 2022 10:21
Posting on Twitter and LinkedIn about drilling etc is so bloody painful when we haven't seen anything for two years.
Started: rooblertwo, 6 Sep 2022 15:59
Last post: Cando66, 10 Oct 2022 23:16
Suspended 2 years ago this Saturday
Well still p*ss all
Sounds about right
Randeep Singh Grewal is starting to become quite active on LinkedIn again. He has some cheek when he owes us some explanation about G3E
Started: rooblertwo, 21 Jun 2022 12:31
Last post: Cando66, 23 Aug 2022 23:28
Well nearly September and still absolutely nothing
It just shows how the little man gets screwed again and again
When I have contact with Interpol, they have shown a long way, guys please contact someone in the UK because I am not a citizen of UK because this smelling criminal,
RG has quite a history of litigations, won't be his first or last.
probably yes, if possible can we go to court about this guy because it seems criminal,
I will go back to a comment I made ages ago. We all got scammed and it is yet another China Hustle. "An unsettling and eye-opening Wall Street horror story about Chinese companies, the American stock market, and the opportunistic greed behind the biggest ..."
You should watch it if you get the time.
Started: rooblertwo, 18 Jul 2022 15:07
Last post: rooblertwo, 27 Jul 2022 10:40
Baffled
Nearly 2 years gone already
We are still in the dark.
… maybe not…
Well not much happening here
I check here now and again lol just to see if anything ever got updated
To see they’ve been keeping us mugs informed since last June.
Started: misterhambo, 31 Mar 2022 13:02
Last post: cyildiz08, 13 Apr 2022 14:13
When he shared a new message, I am asking G3E?
but no response, lets's see,
Nope he won’t engage! Now I don’t know if its because he can’t due to liquidation / not being in control of company / ongoing litigation or if he’s just blanking everyone but it’s odd to put that old article up. There surely has to be a reason.
I don’t suppose there was any reply to your tweet mark?
All of a sudden mentions of G3e on Randeeps twitter. I can’t work out if this is a precursor to some kind of news or if he’s just rubbing it in!
https://twitter.com/randeepsgrewal/status/1513374623647207427?s=21&t=-jfNbS2GZE-_JFqghc7RxA
Sooo as far as we know, way back in September 2020, G3 exploration announced a winding-up petition which had been presented by GIC to the Grand Court of the Cayman Islands, seeking the winding up of Green Dragon Gas. G3E said the petition was seeking the winding-up of Green Dragon Gas on the grounds that it was unable to pay its debts on a cash flow basis, and nominated the company's joint provisional liquidators to act as the joint official liquidators of Green Dragon.
Before that, Coal bed methane specialist Green Dragon Gas (LON:GDG) way back in the day announced plans to split off its drilling services business, Greka Drilling. Investors will receive three Greka shares for every Green Dragon share they currently own in the form of a dividend. Trading in the new shares begins on March 8. Greka will be handed US$50 million of additional capital which will help fund an ambitious 25 rig expansion programme. The group will also have a US$12.5 million revolving credit facility. Green Dragon, meanwhile, will seek a listing on the Hong Kong Stock Exchange, which makes sense for a company which operates in China. Chairman Randeep Grewal said the demerger will build on the early mover advantage enjoyed by the company’s Chinese operating arm GTS Zhengzhou. However, the business is targeting expansion opportunities in India, Indonesia, Thailand and Australia in the longer term. “We have built a standalone drilling business within Green Dragon since 2007 with a management team that has a combined 150 years experience of drilling,” Grewal said. “Upon admission to the AIM market of the London Stock Exchange, Greka Drilling will have a shareholder list that mirrors that of Green Dragon Gas. “The board believes that the separate entities will provide shareholders and the investment community with greater clarity resulting in improved access to the capital markets."
Randeep is currently spaffing alot of Greka news this year, which is yet another "G" named business which is interwoven in all this mess, has anyone put this ****bag on the spot regarding G3E? Is it me or is Randeep a cluster**** merchant hoping to fleece cash out of every investor?
Seems to me all of his other "G" companies are up against his G3E regarding the original summons: Cosimo Borrelli, Mitchell Mansfield, Greka Gas China Ltd., Green Dragon Gas Ltd., Greka Exploration and Production Ltd., GDGF Ltd., Greka GFC Ltd., Greka GQY Ltd., Greka GSN Ltd., Greka Guizhou E&P Ltd., Greka Energy (International) BV, Greka GFC BV, Greka GPX BV, Greka GQY BV, Greka GSN BV VERSUS G3 Exploration Limited!!
https://www.offshorealert.com/cosimo-borrelli-et-al-v-g3-exploration-ltd-originating-summons/
Do feel free to raise your questions directly with G3 Exploration's CEO on twitter, constantly - @randeepsgrewal
Started: rooblertwo, 2 Mar 2022 13:58
Last post: Mark@1973, 24 Mar 2022 13:19
Seems to be still operating under the management of the liquidators going from the last we heard. Good luck getting anything official from any source. Can’t get anything and believe me I tried
What is going on here
What exactly are they doing with the oil and gas is it still producing
I did dump evr when the divi got cancelled ( took 25% profit was much more at one point but hey ho bird in the hand and all that! I moved the whole lot into corcel
I’m still in evr temp suspended but should be back hopefully soon and still can’t believe we have had no updates here
Picked up some EVR this morning even putting zero value on the Russian assets it still looks good value
Started: rooblertwo, 24 Feb 2022 00:07
Last post: rooblertwo, 24 Feb 2022 00:07
Surely we must hear something in 2022...
Started: rooblertwo, 24 Jan 2022 10:08
Last post: Mark@1973, 10 Feb 2022 12:43
I find it hard to believe that given the size and value of the assets and factoring in of worldwide energy shortages together with inflation that they will come back with zero left in the kitty!
What do you thing about that, we will see some progress or not)
One day we may get closure or some investment back to us all
Keep a eye on blu share it should be a very good year for them
Ah, I didn't see those meetings notes.
Thanks for that!
Surprised it’s not been in a RNS tho
Started: ne14t, 23 Jan 2022 08:42
Last post: ne14t, 23 Jan 2022 08:44
Sorry that should read, current price. 0.021. Big difference!!
A lot of cheap tokens at the moment with the current dip. SAVG is another good one which only launched a few days ago at 0.0175 and currently sitting around 0.21
Started: ne14t, 28 Dec 2021 20:34
Last post: Cando66, 11 Jan 2022 14:19
This share still drives me crazy
One to look out for this year is BLU for me all the covid shares are pretty much being destroyed now
But BLU can be a good one
Here is a good Link to watch for anybody interested.
https://youtu.be/uaYVzEWcK3g
Wind on to 2.48 mins
Started: Cando66, 11 Aug 2021 00:19
Last post: ne14t, 23 Dec 2021 11:35
Yeah, absolute rubbish.
Have a look at CHAMP buddy (in crypto) You can buy it on gate.io (NFT Champions)
Low market cap of 7m and game to commence January. Could go very nicely and recoup some losses here.
Merry Christmas to you all
A whole year...
To be fair though Jimbob, the final paragraph of that RNS still leaves us in Limbo. Throughout the whole process there have been little to no details presented to the shareholders.
How is it disgraceful? As far as the courts are concerned, we no longer have an economic interest in the company (see last RNS), so no requirement for us to be updated anymore.
Absolutely disgraceful communications from JOL
Started: alik2020, 5 Jul 2021 08:19
Last post: Cando66, 4 Aug 2021 23:32
That’s so true it has been really sh*t
Won’t be long and we will hit 12 months suspended...**** take
3/07/2021 7:00am
UK Regulatory (RNS & others)
TIDMSAE
RNS Number : 1979G
SIMEC Atlantis Energy Limited
23 July 2021
RNS
23 July 2021
SIMEC ATLANTIS ENERGY LIMITED
("SAE", the "Company" and, together with its subsidiaries, the "Group")
Company update
SAE, the global sustainable energy generation company and technology developer, refers to its earlier announcements on 18 May 2021 and 9 June 2021 regarding the appointment of receivers over all of the shares of its major shareholder, SIMEC UK Energy Holdings Limited ("SUEH"), which SAE understands owns approximately 41% of the issued share capital of SAE.
The GFG Alliance (of which SUEH is a member) has confirmed to SAE that the receiver's appointment has ceased, and the receivers have resigned as directors of SUEH. The GFG Alliance has also confirmed that they are in control of the SAE shares.
SAE understands that this matter is now resolved and looks forward to a more stable relationship with its major shareholder. SAE is an independent company, whose focus remains the delivery of its world leading projects, which can play a critical role in the journey to net.
I wish G3E receievers would F.....off too...
Thank you Mark, all the best, diversified portfolio approach saved me too, there are some positions I'm ashamed about even taking those despite all the red flags visible with minimum dyor, but on average that was a very good year.
sunsetsupper - just another example of how crucial to have company's governance & transparency criteria (+directors background and controlling holder' history) within priority check-list as part of evaluation prior making investment decision. This one had shady signs all over the place screaming "high risk" since very beginning, there are so many examples of this from various other companies leading to a sad outcomes, top auditors are fined millions for covering it up or turning blind eye - but people never learn..
Yuri. I’ve had a bit of good fortune with ARB and KR1 I sliced ARB several times and reloaded on the drops KR1 is one I recently bought into and has already shown a 50% gain just the past week. But to be honest I’ve taken a real kicking myself over the last year despite the few successes I’ve had my losses and they have hit me hard.
Started: farraway, 16 Jun 2021 10:13
Last post: rooblertwo, 28 Jun 2021 12:37
He seriously looks like a smug Tuesday I would love to meet him in person.
Yep it’s ****ed !!
Well this doesn’t make pleasant or encouraging reading but most recent article to mention G3e, Greka and Randeep.
https://www.desertsun.com/in-depth/news/environment/2021/06/25/oil-bankruptcies-leave-environment-cleanup-california-taxpayers/4977647001/
Dear god! ( facepalm emoji )
It’s been a very long time now
Thanks Mark ..
Started: rooblertwo, 28 May 2021 14:27
Last post: rooblertwo, 14 Jun 2021 11:59
Yeah we need somebody with proper legal knowledge. I don't understand the conclusion haha
You need someone like Figgy or someone else with a good grasp of law and finance to read and understand the whole thing. A lot of it is beyond my grasp. It’s a tough read that’s for sure! But regardless behind the scenes legal wranglings are the reason for the delay it would seem! It doesn’t excuse the lack of rns’s I’m starting to wonder if A&M are aware of their legal duty to keep us informed? We are still a listed company and as such regardless of the suspension they are duty bound to keep us updated!
Seems we have been lacking a few rns’s !!!! Not good form from the JOLs. Not good form at all!
On going court case has been the reason for the delays.
https://www.applebyglobal.com/wp-content/uploads/2021-04-07-Re-Green-Dragon-Gas-FSD-197-of-2020-RMJ-Judgment.pdf
I have to agree it has been very disappointing here by them
have asked my broker to ask them on my behalf why there has been no update/RNS since Jan. Won't hold my breath.
What have they been doing for all this time if there is nothing to report.
G3 Exploration Limited (In Official Liquidation) (the “Company”)
I can only confirm what has been said before, and that is the Joint Official Liquidator (“JOLs”) will provide an update to all creditors and shareholders as and when there is something to report. At the moment, there is nothing to report.
As regards your assertion that you are a shareholder of the Company, again I can only repeat what has already been said - and that is your name does not appear on the shareholder register of the Company – hence you are not regarded as a shareholder.
You may regard yourself as the beneficial owner of shares in the Company by virtue of buying some shares through a nominee or an intermediary (e.g. HSBC), but that does not make you a shareholder of the Company – it would be your nominee or your intermediary that would be noted in the shareholder register and hence they would be regarded as the shareholder.
As has been said, the JOLs will send an update at a time of their choosing, when, in their view, there is something material to report.
Kind regards,
Rebecca Rohan
Been a long time now
Still waiting here. How long can this go on???? In the meantime, take a look at CLON. Low market cap under 4m. Potential JV could see it do a bag or two.
Everything connected to the business is in the hands of the JOL, the board, the shareholders everyone is frozen out after THAT court hearing. Just got to wait I’m afraid.
I’ve only got a relatively small amount here, but has anybody tried to press their brokers into pursuing some information from the JOL’s? Surely they should be involved on behalf of us their clients?
Any idea how many holders / shares would be needed for this , I'm guessing a lot and with only a small number of shares in PI hands we may struggle. One other option might be to try and get a group seat on a liquidation committee. The fact no creditor wanted such a seat seemed a little odd to me.
And the JOLS won’t say anything.
We need to call a general meeting which we are in our right to do so if we can rally enough investors.
and a minute after posting here, i got this in from the court.
At this point you will have to liaise directly with the JOLs regarding any queries as it relates to the report in question as the Court itself cannot become involved in direct correspondence but will seek to ensure that any issues raised are addressed by the JOLs.
Many thanks
Bridget Clare I Acting FSD Registrar, Notary Public, Personal Assistant I Financial Services Division
Started: rooblertwo, 14 May 2021 12:01
Last post: Iknownuffin, 15 May 2021 14:19
Come on will you !! There is a good few of us on telegram and Twitter away from the idiots of the world , some good banter ....@tellthenation1 :)
Calamari , get in touch mate on Twitter or telegram :)
No reply at all
Not going to get a penny back from what it looks like, Id like it deregistered now just so I don't have to see it on my screen anymore
The saga continues. Has anyone emailed the JOLS?
Started: rooblertwo, 4 May 2021 21:33
Last post: rooblertwo, 4 May 2021 21:33
How and why is this taking so flipping long with zero updates.