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I am not surprised to see a lot of new posters.
If there is now over 400 people in the FSHG then many of them may start posting on here as that is more than the number of regular posters we have.
I welcome the thoughts of all genuine holders who want the company to succeed.
is becoming depressing to read sometimes, but I still do every day looking for the decent posts.
The bashers and the in fighting that has gone on here this past week is unbelievable.
Thanks again to the FSHG for the update.
Ivy, I totally trusted him and attended every meeting last year.
I sold my other shares and piled all-in here.
The last meeting was extremely positive, but he failed to mention the reason why we had defaulted with Outrider. As previously mentioned, we all presumed it was a default due to the YA false default...nobody knew we had this $2m to pay. The half year accounts didn't seem to be done very accurately either according to people more in the know than me.
I think it will take a lot for trust to be regained even if we do come out of this as a lot of questions need to answered, if we ever get answers I am not so sure.
We have had very little communication for the past few months which also lowers my trust now in the company.
Kempey, do you seriously think he could raise any decent amount of money from current shareholders?
We have been left in the dark, there is absolutely no way I would contribute to a fund raise at this time as currently I do trust the man at the moment and I would not throw more good money after bad. That is like a gambling addict betting more and more money to try and get the original stake back.
I personally think I will be extremely lucky to get anything back here.
We have defaulted over a $2m payment and there does not seem to be a master plan by Zaza that lots of people have stated here previously.
I don't only feel that lots of information has been withheld from us I also feel we have blatantly been lied to.
I started listening to the share holder meeting from October again and thought I would see how it sounds no knowing what we know and I turned off after about 15 minutes.
The golden age is before us, the arbitration will not affect potentially l deals with majors and does not affect the areas we are working in i.e. Taribani and MK , well considering GG want to reclaim 97%-100% I would have thought these areas would be affected.
I have always been optimistic and if we come out of this then I will be again. But for now I am trying to write this off, the problem with that being there is still that little glimmer of hope as we are not dead...I just wish we knew one way or the other.
YellowJersey, could you provide any further information on when we should expect an update from the company?
Pretty sure I have seen RNS-R on LSE for other shares
I've had the same 3 emails bedex
I noticed that also, I guess it is because a junior cannot have a trading account and the shares would have to remain under their name as you cannot withdraw from an JISA until it automatically transfers to them when they turn 18.
*apart from
I hope you are right Rainbow.
My confidence in a good outcome has been shattered and an update from the company would be most welcome.
Comms since the middle of last year has been minimal about from the activity at the beginning of October when the Shareholder meeting took place and the LSE podcast.
Put your self in Hopes shoes, FRR have tried to sue him for $56m
Maybe he would rather the asset goes to GG than to strike a deal with them, he may just turn around and say F you.
LL, well as far as I see it, it is the same as your house if you don’t keep up payments you lose it.
FRR have failed to pay the interest and it is secured with Block12 asset, basically Hope is entitled to the asset.
yep, they did decline and thought it would be best to f&^k us over insetad
Personally, I think this is a complete shambles.
This was known about at the share holder meeting in October and nothing was mentioned, they did not even make it clear that we had in fact defaulted with Outrider, surely that information should have made clear. The whole situation with YA/Outrider was confusing and I believe we were misled into believe that the 'false default' with YA triggered a default clause with Outrider.
What we need is an update from the company explaining our current situation and likely outcome with no bull thrown in. I would like to know the truth so then I can put this to bed one way or another and begin to sleep again at night!
GLA
mapp just be quiet please, I am trying to read important news here and my money is at stake.
You post so much drivel so please stop, now is not the time, be respectful of other holders!
If this document is dated 22nd Jan, then this is before the de-listing, where JY and Mlacy have said that share holder meetings will continue and re-listing is on the cards.
If we still believe Zaza at all then this is not the end just yet as they must be working on an OOCS
If this is the end I am so pissed off with all the BS that was spoken in the shareholder meeting in October.
It would be nice to hear from the company, hopefully this document that has been revealed today is old news and a settlement to make this company work has been agreed.
I'm trying not to be too peed off until we hear the truth, but surely it is over to FRR to get some kind of update to us now, either via YJ, Mlacy or maybe it is time for FSHG to make initial contact?
I have not read the document as do not have access, not that I cannot be bothered.
I click the link and it says, document does not exist
The Stay is probably a permanent one, i.e. that there is no case.
I've not read the document, but going on what people have said here it is not good.
It seems like Zaza decided to play poker with all our cash and lost, he could have done a fund raise for the $2m interest, I do not understand why he has gambled the company for the sake of $2m.
Fell well peed off