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I hope one positive might be that our mystery billionaire backer sees the good future of the CBD business BUT didn’t get on with RP and wanted him out the way, but is quite chummy with NT!?
I’ve been saying for over 3 years this company was a con! However, the HNR mafia were quick to jump on my posts calling me a deramper and that I just wanted to get in at a lower price! Well, today, this company has proved that I was right all along! I don’t expect an apology, I’m quite content just to sit back and watch the ensuing squabbling! JJAL you have also been vindicated
I agree with all of the derogatory comments aimed at RP. I hope the remaining BOD and the new chairman will distance themselves fully from this questionable character. I wrote to the board on several occasions in the last few months, questioning the direction of the company and the lack of direction relating to our oil assets and the associated interests in DTU etc. I never once received a reply. However, we do have, hopefully, a viable business in CBD. Lets hope so, that is all we have left to pin our hopes on now. Look on the bright side, RP has gone. Lets hope we get an honest, genuine person to take over the reins. I have my reservations it must be said.
Disaster for all us LTH's but probably not a bad punt if you are a first time buyer and can get in around 5p . IMHO For me 50% and 20k down and ****ed .
Investigation should follow about all the recent news the company fed us investors with.....seems like few fibes and very starange change of heart as to the direction the company choose to go now after telling us that the original business that performed very poor last year suppose to be improving this year....stinks.
So he's going to help us sell the prime assets to himself I wouldn't now trust him to help me clean the shytehouse and to make matters worse cant even sell all shares held by bust svs securities that's my lot with share dealing to many criminals out therr
Why didn’t the company reveal this at the AGM the other week, and give the shareholders that attended an opportunity to confront them then? Appears to be cowardice, and underhand.
Pure and simple, the man is a criminal. I was right all along, robber price created a lifestyle company to make himself rich, never ever cared about the projects infact most of them probably never existed and half the RNS were false. THis man should be in jail his is absurd. What now rampers? What now fadec92? Or were you on the payroll and have now taken a severance package also?
Surely the FCA will be looking at any deals here it stinks
If anyone ever doubted that this one-man-band company was run for anything other than the benefit of Mr Rupert Price, I hope they now see differently. What is the betting he picks up DTU on the cheap, and with all the patents etc having been conveniently paid for by us, and then springs up with another money making machine for himself! We have been well fleeced. The moral of the tale...never ever ever invest in these one man band affairs again.
What happened to DT which I thought was supposed to be a game changer?
Suppose a name change is now in order considering it is no longer a natural resources company.
There is a first I just liked your post JJAL
That’s the message I’m getting
Captain gets the only life raft while we’re left floundering to pick up the scraps
GLA Ah well it’s a loss but not drastic
What an absolutely disgusting greedy failure Robert Price is, unfortunately it has been clearly obvious this was the case for a very long time now, the info was clearly available mainly in the prospectus's. All the inbred deals - selling an unvalued idea to "themselves" and the deal wording about what Diversion receive re nitrogen sales. A question Eric Boyle wouldn't answer.
I see the snake buying the nitrogen discovery on the cheap, all the rest binned.
A truly disgusting, greedy manipulative individual but still the emphatic winner in this sad story.
MM having their cake. Cant buy any under 6p
Blackhopper, Looks like you win, we have all now hit the buffers.
Oh dear, RP builds up a company with our money, we fund multiple assets for 4 years. He then goes on to buy a 1.5 million hemp business, he walks away with all the assets shareholders funded, he leaves us with a weed business. He's done us all very clever man. High class robbery, walks away with all the assets without the burden of the shareholders.
I wouldn't be surprised if he starts selling Zoetic the nitrogen mix from his Kansas.
My only negative thought regarding the RNS is that he could somehow get our Nitrogen well, then what?
Any sale should be cost plus investment or no sale, let it sit on care and maintenance as for dtu it’s patent protected sack all useless associated staff and put in the bottom draw like we’ve had to with these shares. RP will no doubt offer his warrants up against purchase not interested he can suffer as an investor now just like us, no fire sale should take place to this lowlife individual.
If the BoD have a legal obligation to get the best return for shareholders then there must be an open bidding process for the assets, not merely allow an ex-BoD member to buy them unchallenged. There's a clear conflict of interest here.
What happens to his warrants etc?
So.. Everything else is no longer viable? What a waste of time, effort and money.. All for nothing. Maybe they'll change the name now too.. HIGHLANDS HEMP? Hope it all works this time.
Might as well be called Zoetic now
Change of company name would surely be appropriate now. Quietly shove the past under the carpet....and forget it!
What a scumbag..... - 'Accordingly, in the coming months, it is the Company's intention to carry out an orderly sale or closure of its natural resources business, thereby freeing management time and financial resources to concentrate on Zoetic. Robert Price has offered to assist in this process and, as part of his severance arrangements, the Company is negotiating with him in regard to a possible sale of some or all of the natural resources assets to him. Any agreement in respect of that possible sale will be announced in due course.'