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'Lots of email addresses on the second link, Stas. I have copied my email to most of them apart from the secured creditors. 15 in total. There are 2 court ones at the bottom, they will have my email too. Maybe others can do the same?'
2 read receipts so far out of 15 sent! I Jacobs Ryan and one Cassells
Lots of email addresses on the second link, Stas. I have copied my email to most of them apart from the secured creditors. 15 in total. There are 2 court ones at the bottom, they will have my email too. Maybe others can do the same?
'I’d set this up for my retirement (I’m 59). That’s out of the window now for the time being at least. '
Lloydy1066.......Exactly the same here, aged 66. Everything I had went in to this, 150kGBP, and I was running my business here in Spain down towards retirement. Now I have to reverse that, and am having to look at ways to do that. We don't have the monthly income to survive unless I can rekindle the business, so long hours now, plus forever wondering if we will ever see our money back. I guess I will have to work until I drop. Oh, and my wife does not yet know about this........
'RBMInvest why not use alfresco potential with offering coplshareholders.com website and use this as a landing page to promote the "true picture of COPL’s assets".
We could produce a very attractive bill board for prospective bidders with proper facts.
Then add link to this to your reaching out emails.
I'm talking the major bullet points we need to get across, some decent related images a nice css theme. We could have it there in a few days.
Alfresco would that be possible at your end, we can always update as needed for an accurate unfolding picture?'
TrustSerpico, I am happy to provide the domain name but have no experience in building a suitable website.
For amusement: https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=COPL.L Stay Long.......lol
Stas, I bought the domain name coplshareholders.com when all this kicked off. The SAG said they already had something organised, but it didn't happen. If you want to use this I can supply it for a website to put everything out there.
So:
On 4th Jan, RNA said that there were 1,344,370,498 shares in issue.
By 12th January, Anavio had shorted.....sold.....49.3% of these, which they did not own: 662,774,655.
Then on 16th January, they received 1,312,232,633 shares in the financing deal.
They then closed the shorts with part of this issue, and by 16th Jan a TR1 said that Anavio owned 649,638,786 shares.
So there is it in black and white, legally required declarations. There is a slight discrepancy of 180,808 shares which I am sure is because the shorts figure of 49.3% is probably a rounded figure.
And on 12th January COPL announced it did not know of a reason for the share price movement.
So surely an official body can look at these figures? If the terms of the bond were 'no shorting', then what is the penalty for breaching the terms of the bonds? Especially as they had been doing it the whole time they owned the bonds? This must be great ammunition for our case?
Https://www.lse.co.uk/rns/COPL/share-price-movement-wfynaxvymjadykr.html 12th January.......they were closing shorts, maybe, and caused the price rise. Definitely insider trading, 4 days later they closed the financing.
I am sure that all bondholders would be keen to see not only a return of the bond amounts but a return to shareholders as they own a large proportion of the shares. If they get a return on their holdings then so do we. Let's hope there are companies waiting for the opportunity to bid a sensible amount and take it away from whoever has been promised the assets.
As I said yesterday, it would be good to know why the requisition for a GM was 'deficient'. Was it incorrectly presented? Or another reason. Maybe we will get some news from the CAG leaders today. I was surprised that the letter to the company only mentioned 6 shareholders, there are many more of us registered in the early CAG numbers.
'In addition, the Company announces that Arthur Millholland has agreed to move from Chief Executive Officer and a director of the Company with immediate effect, to President of the Company's affiliate, COPL America Inc. Mr. Millholland's technical expertise was instrumental in understanding the long-term value of the Barron Flats Unit miscible flood and acquiring it for such a relatively low cost. Through further geological study, he and his team have revealed a vast area of bypassed oil pay in the Cole Creek area, adjacent to the BFU. The prospective horizons are currently under Joint Venture negotiation with a respected industry leader. The BFU and the potential joint venture requires the singular focus of Mr. Millholland and the technical team. As President of COPLA, he will be well positioned to continue to add value and success to COPL, where his strengths in upstream hydrocarbon exploration and development will focus on completing the Joint Venture discussions. '
What happened to the 'vast area of bypassed oil pay in the Cole Creek area' Did it just disappear?
So if the assets were sold for say 200m, then we might get 2p -3p a share back? Assuming SL plus bond is say 100m, then 100m split between 3.5 billion shares? Or is my maths wrong, too many zeros to work it out in my head!