RE: IG have in fact7 Jun 2019 18:47
For those of you that are unaware of just what a conceited, disrespectful, arrogant , misinformed low life tw is, here is his statement following the court hearing:
"Oh dear. All the abuse I got from folks who insisted that I was wrong in calling out the fraud that was Frontera (FRR). All those folks who quoted the ***** blogger, fat bastard Malcolm Graham Wood who took undeclared payments from Frontera to say how cheap its shares were. Will the ***** blogger apologise to those who believed him? Will the morons apologise to me? For today IG is paying out on short positions valuing Frontera shares at 0p. Its bust.
IG was persuaded that the game was up by Court documents from the cayman islands which reveal that subsequent to a default on its senior secured debt to Outrider Master Fund, OMF has now taken 100% control of FRC’s Cayman Island subsidiary company Frontera International Corporation, FIC, where all FRC’s material assets reside.
And furthermore OMF has placed that company in liquidation [3]. Frontera tried to block this, lost and is not appealing.
It is also clear from court documents that Frontera Directors had taken steps to transfer the companies oil and gas assets in Georgia without OMF’s consent in an alleged fraudulent transaction.
With huge outstanding liabilities to OMF and others, no access to funding, AIM cancellation, NOMAD resignation, and no assets remaining, Frontera’s shares are utterly worthless.
IG now accepts that even if some Bulletin Board Morons are in denial. The Fat Lady has not only sung but has now gone backstage to receive her flowers and swig some champagne.
Anyone wishing to apologise for all that abuse knows how to contact me.
Meanwhile do the 2000 morons, many of whom owned this stock, still reckon that banning shorting will turn things around for companies such as Frontera?"
If you were unsure of him before now, then I trust the above clarifies exactly what a nasty piece of work he is. If this does come good I hope some will take this clown along with his other lowlife buddies on advfn to task over their unintelligent gutter comments. I'm sure they make their parents so proud.