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http://www.ipetitions.com/petition/cancellation-of-xcite-energy-limited-and-xcite Go for it !!
According to Greg Clark's office this is the link to aim regulators aiminvestigations@lseg.com BSI aptly named, wonder what the I stands for? bullshitting idiots?
Hope you're correct Jeannie...hope they like this one then Don't forget these slimey Barstewards http://www.smallcapnetwork.com./...remember the 30p rise on the back of the phantom article !
Admire your efforts on iii. Here is the link http://www.ipetitions.com/petition/cancellation-of-xcite-energy-limited-and-xcite
Regarding the links removed - I got a message saying that, because I am a new member, they won't let me post any links for 24 hours. I only signed up at lunchtime to try and promote the petition (currently 257 signatures - please try to keep it going). So don't think there is anything sinister in the removal or blanking - just LSE admin rules, I think. WJB
He will...when the BH pass him his script...
Come on you 5hit.....get your head out your ar5e and make a video to explain yourself and accept what you've done.
Stodders I fully understand this, but look @ the 2 links that have already been removed...this site does not &will not allow the hot potatoe that is XEL affect them in any way! The best thing imo, ,as has been suggested, will be to open a free site as a proactive campaign to try & get to the bottom of all this fiasco that has transpired over the past 6 yrs. We will not stop the Liquidation & we (shareholders) will receive anything...but WE can, collectively go after the Bod individually. Yes years but time is on our side, no rush...you wont outrun this one Cole ! All the sly ambiguous statements that a few here clung to, some made a huge deal out of & went so far as to imagine they were in the Loop( Bless). Why did they sell their shares Why did they put the Poison pill in place, I know what it is ,but why did this shower do it... Why did they think they could pull the wool over ( my favorite) Yorkvilles eye's, to me this was the catalyst that let WEISS & Global,socious in the back door that has spelt doom ever since their appearance. I cannot fathom that someone as assute(Cough) as Rupert would have considered becoming involved with them. Surely Rupert pas FAILURES would have set his alarms ringing ? If you recall WEISS ,as this latest BH lot, were set up especially for XEL & there identity had to be a secret ?? What the hell is that all a bout, weiss is a group of investors who wish to remain anonymous , have set this fund up specifically for XEL ?? One of the Partners/founder hedge funders had already been to prison for fraud...nice company that Rupert managed to seek out! I remember at the time mentioning it to be shouted down by the 'Crew' & there reasoning was the Bod have over 30yrs experience in the O & G industry...Rupert was CFO. You looking back this is better than Hi di Hi...with us as the main JOKERS!
These guys and their friends, cronies and families are rich off the back of doing nothing except lying to you to take your money from you mate peeps. They've got your money - spend a few more quid to go get it back from them, either criminal or civil ...
Tthe Board have a duty to disclose anything that materially affects the SP.
Sorry folks - trying to keep this high up the list. Keep signing the petition 237 and rising www.ipetitions.com/petition/cancellation-of-xcite-energy-limited-and-xcite WJB
Directors and management added to my AVOID WITH A BARGE POLE list when doing future research on potential companies to Invest in. Never Invested here , as I had a bad gut instinct from the start . Same with Trap & Afren
Its all over we have to move on and try and make gains elswhere no point keep moaning abot it , its done surely
Imo cole and bis useless bod need to be ejected forthwith for incompetence and misguidance to shareholders. And this is the guy supposed to be negotiating the future of the company with banks and potential investors, all will just be having a laugh at the success he has demonstrated to date driving $450m to near zero in value to his shareholders.
Imo waste of time trying to freeze the licence, need to be more proactive re the national resource, at decc request identified and developed to production capability by xer, status of these supposed oga assistance abilities for smaller companies re funders and/or guarantees, loss of jobs, pensions, foreign interference by bondholders, yada yada, when does talk ever become positive action from hmg. Work something out within the timeline of the licence to expiry which otherwise by precedence hard to amend.
If they have been taking legal advice for over a year re Insolvancy that is a massive difference to what they were listing in RNS messages - I don't think I would have spent £15k on another 50,000 shares last year if I had been advised of this. That their solicitor has admitted this after consultation with Cole suggests that we were misled massively by the Board who have a duty to disclose anything that materially affects the SP. Their is a massive difference between trying to find a partner and discussing insolvency. I would love to ask him that question and I think the Regulators need to based on his lawyers admission. On this evidence the board should be shot for such dishonesty. LJ. Thanks Lisa Jam Exactly what I was thinking.
With his office rental experience gained at xel cost he can become a rent boy. Seems about the extent of his capabilities after throwing $450m down the drain.
http://www.ipetitions.com/petition/cancellation-of-xcite-energy-limited-and-xcite WJB
Thanks to Blue Eyes for posting the petition link. http://www.ipetitions.com/petition/cancellation-of-xcite-energy-limited-and-xcite Please keep this going - 167 signatures in under 24 hours. It may well be a tall order, but please, let's give it a go. Let's try initially to freeze the Licences and get a meaningful dialogue with the Bondholders (Trustee). If that is re-buffed, let's push the OGA with everything we've got to cancel the Licences. First post WJB
There are petitions raised on the internet using web sites such as "SumOfUs.org". Could someone on here design a template letter written to "Your" MP setting out our plight of how we have been stitched up from all sides? It would need someone who has much more in depth knowledge than I, but if it were done then I'm sure there would be thousands of people who would sign.?
"So, it is finally all over for Xcite Energy for whom the bell tolled yesterday, this morning Liberum, the company’s NOMAD resigned which means that in 30 days the shares will be cancelled. It is a shame as it could have been avoided, an over rosy view of the asset and arranging debt that it appeared was not covered by any substantial cash flow was always an accident waiting to happen." hTTp://www.malcysblog.com/2016/10/oil-price-amerisur-hurricane-tullow-igas-catch-upsundry-statoil-hunting-amec-fw-iog-xcite-finally/
....is threatening harm now........you only have to call him a name and he's got his tongue up admins botty, getting you a ban. On the subject of bums, this company was doomed from the start cos the name Rupert Cole rhymes with ar5ehole.....the writing was on the wall.
Thank you rasberry. Very logical post. I would have thought that their is a very large pool of extreemly disgruntled Investors in xel that put together are looking at losing millions of pounds here. The thing that really gets me are the way that we were told only to listen to company news etc and I tried phoning Xcite as many other pi`s have only to be told that someone will get back to me. Now it seems that there was very definitely news that should have been relayed to ourselves regarding the state of affairs so that we could have made our investment decisions in relation to buying holding or selling. Especially in the last year or two....
Toxic - some people probably would like this BB shut down as it help erase some of the un-truths and mis information that was flying around (both pro xcite and negative views) - personally would like to see the evidence to remain for all to see - so that if there were any underhand forces at play then it can be investigated properly.
After all decc also had a contributory role in this disaster with the expensive ewt requested of a small company but which has benn shown to identify a huge north sea resource. Could they be persuaded to at least support this phantom so far guarantor role if all else supposedly is in place.