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I have sent this email just in case the board does not heed to sense. If the sanction hearing gets delayed, then the board has no tricks left to play. ( Just urge only few more emails to Wendy which will force board to engage with shareholders.)
wendy.simpson@justice.gov.uk
Subject:- HURRICANE ENERGY PLC-CR-2021-000852(Request to Delay Sanction hearing to later in July please if possible)
Respected Madam,
I as a shareholder in hurricane implore to his Lordship that the sanction hearing being requested by hurricane board be delayed till sometime later in July, please if possible.
There has been a requisition of General meeting notice sent by Crystal Amber to hurricane board on 19th May. The board may try to delay this meeting as they have 28 days to complete the requisition.
If the sanction hearing gets heard immediately after June 18th, then this will not give enough time for shareholders to gather information and make key decisions.
I therefore Pray that the sanction meeting should not be held in June and be delayed to later in July . I thank you in advance for hearing me out.
Slift/Mcadder, i finally got around to some old friends who seemingly have done lot better than me ending up in inner temple. One of them told me why the judge is so sceptical and why he will not approve the sanction hearing if shareholders do not approve the current plan by board. The top reason is that it sets a very wrong precedent. Any company with bondholder debt will attempt going the hurricane way if this proposal is approved. The law often biases its decision around evidence but one of the things common law always tries to do is set a right example for others to follow. The board will need serious reengagement here and approval from shareholders if this plan has to be approved. They will waster legal fees and will end with a worst outcome in sanction hearing.
I have sent this email just in case the board does not heed to sense. If the sanction hearing gets delayed, then the board has no tricks left to play.
wendy.simpson@justice.gov.uk
Subject:- HURRICANE ENERGY PLC-CR-2021-000852(Request to Delay Sanction hearing to later in July please if possible)
Respected Madam,
I as a shareholder in hurricane implore to his Lordship that the sanction hearing being requested by hurricane board be delayed till sometime later in July, please if possible.
There has been a requisition of General meeting notice sent by Crystal Amber to hurricane board on 19th May. The board may try to delay this meeting as they have 28 days to complete the requisition.
If the sanction hearing gets heard immediately after June 18th, then this will not give enough time for shareholders to gather information and make key decisions.
I therefore Pray that the sanction meeting should not be held in June and be delayed to later in July . I thank you in advance for hearing me out.
This is a fall back in case the board is trying new tricks along with their solicitors.
wendy.simpson@justice.gov.uk
Subject:- HURRICANE ENERGY PLC-CR-2021-000852(Request to Delay Sanction hearing to later in July please if possible)
Respected Madam,
I as a shareholder in hurricane implore to his Lordship that the sanction hearing being requested by hurricane board be delayed till sometime later in July, please if possible.
There has been a requisition of General meeting notice sent by Crystal Amber to hurricane board on 19th May. The board may try to delay this meeting as they have 28 days to complete the requisition.
If the sanction hearing gets heard immediately after June 18th, then this will not give enough time for shareholders to gather information and make key decisions.
I therefore Pray that the sanction meeting should not be held in June and be delayed to later in July . I thank you in advance for hearing me out.
Thanks Gold. And I must admire a lot of folks here. Hasiba/RF/Tux/Captain/Adouble who have constantly found information and motivated others to join the battle. Also thumbs up to Richard Bernstein. I remember the saying
“The only thing necessary for the triumph of evil is for good men to do nothing.”
Thanks to people who voiced their objections today. It requires courage to speak up. Remember none of you were professional solicitors so a bit of fact here and there can be understood. I will be glad to see all the 7 directors gone. They are indeed guilty.
Congrats Guys! I will prefer CA find someone to take over the company, give us 8-10p and relieve us from our woes
I am not sure about suspension or future but I am 100% sure the honourable judge will not rubber stamp Board's proposal today.
Ok super! Thanks Senseman!
Anyone attending tomorrow's court hearing should follow decorum. I know people are angry and emotions are running high, but we do not want the judge to get upset for wrong reasons. Please let the solicitors do the talking. If the judge asks for objections and if you really have to speak, please have your camera working, wear a formal dress and keep your point straight and technical. ( Directors have contravened companies act 2006)
No, unfortunately. :(
This is a risky play no doubt but rest assured this is not getting rubber stamped by court tomorrow.
Thanks.
antony.maris@hurricaneenergy.com
richard.chaffe@hurricaneenergy.com
steven.mctiernan@hurricaneenergy.com
sandy.shaw@hurricanenergy.com
beverley.smith@hurricaneenergy.com
comms@hurricaneenergy.com
david.jenkins@hurricaneenergy.com
john.welle@hurricaneenergy.com
Last 2 email addresses I have assumed given the format of remaining addresses. Bingo, let's email them in our own words why we believe the board should support crystal amber. ( Be polite but professional)
I agree that we should write a polite professional email to the board urging them to support Crystal Amber. Ideally if we can get direct email addresses of the directors, then it will be great
I agree with Adouble. This is still a highly risky play. Lot of traders will keep controlling the price. The new board will have a lot on their hand.
Rosie, I like that statement. If the BoD directors are found complicit in the Oil/restructuring Fraud, their personal properties should get attached and they should be made liable for the emotional and mental suffering many poor shareholders have been here.
CA will look for the best person. They have skin in the game unlike the corrupt muppets at helm of BoD now.
The only hole here is the one dug by the BoD in which they can bury themselves now.
Yes, I am wondering a low ball takeover figure of 5-8p might come in now which is sad for many LTH's but still better than 0.1 which board had decided for all of us.
Mcadder, you are welcome to post your view. I don't see the court case getting approved this Friday. The judge has a moral obligation(If not legal) to defer it seeing so many complaints.