RE: Return to trading23 Dec 2024 11:23
Actions is being taken.
PPP are by no means a crap company, what this is, Stephen Lunn got into this position by (or inherited the position) due to the fact that Anton the old financial officer had shares in Petroquest (I think) and then became a beneficiary through that. Lunn bullied his way onto the board (I think) because he loaned the Petroquest loan. So now I ask, does the RNS written on Friday go in favour of Lunn,of course it does, Because he's made Tom look like a criminal however there's more to the story with this. So let's take these things, if the deal wasn't agreed/completed then why:
1) does Globalvision state on their website that PPP are partners
2) does Globalvision show that they bought out Nobel assets
3) why did JJ drilling respond to say Globalvision are operators and contracted to them as well as owning multiple upstream assets
Also look at the RNS's, if they were completely fake I'll hold my hands up but I have reason to believe they weren't from GV point of view, I believe work has been going on IMO behind the scenes. This is nothing more than an unsavoury move from Lunn to cripple the company because he's using the Petroquest loan as leverage. Now we have an option to extend the loan by upto 31/12/2025 so why call loan in early?! Is that allowed? Is that even legal? On top of that, there's a massive conflict of interest, I tell you what, if I were Stephen Lunn I'd be very careful here, on the main market with thousands upon thousands of eyes watching here I including FCA/government/LSE officials etc, he needs to play this correct and play fair. Before you hear the full story, don't make your mind up on tom, he from what I can gather is a good person with PPP interest at heart. There is a large movement on telegram, guys I urge you to put your share holdings across to Lewis he is collecting all shareholder evidence, get on telegram, together we will beat any underhand tactics that Stephen Lunn may have planned. Also we still await to hear from Tom, trust me, we will hear from him.