Member Info for Finwittrader

Beautiful summary Stas.

Bang on the money with all of that.

My word, that was an enjoyable trade.

As I said yesterday, buy around the 2.70 price and nice exit again today.

Not a lot of time left in the week for the promised RNS.

Jam tomorrow

Speculating on who has been dumping last few days. Anavio held 17% of the shares in issue.

So it might well be them getting the last penny's of cash before signing Summits deal and leaving?

Now that would be a cracking RNS next week. Anavio gone, warrants and bonds cancelled, minor bondholders gone too.

Gold miner

What the hell is a Good miner doing on the board of an oiler?

Hes certainly not there for his expertise

100% Lee 👍

No Lee. Only the very small number of HNW in the core. As RBM says it’s too difficult yet to collate all those who have emailed but those confirmed numbers help to convince both the lawyers and authorities that there are proven numbers and big appetite for a class Action (lawyers)

Saint that % relates only to the small number that were pushing things forward. To try to collate an updated % in such a liquid stock would be very very difficult as it’s shifting daily.

Makes sense that the small group moved it on with their 9% holding. If and if the company ceased to trade then an effective count up could be done or if let’s say 20% were needed for a specific reason, then I guess they’d go out to the wider LSE audience?

Bibo - well spotted.

The digital trail is there and cannot be removed. Those RNS’s have crucified Richardson and friends. So foolish to write them.

Gas injection, bonds as rewards for directors, speeding ticket, company valuation reports, forward shorting whilst inside. It just goes on and on.

That’s all before the full disclosure of internal meetings, telephone records, emails etc.

Prison.

Boldly

So we don't have to fret about press coverage, seeing as our brief is involved with "The Times, The Financial Times, Money Mail, Professional Adviser and Citywire"

What a bonus that is. When the main press eventually get to see the press release then BOOM!!!!

Prison sentences and Class action

Conscious that usual trick from the paid short team is to remove messages that they don't want to see - so same message different thread:

PRESS RELEASE:

COPL Action Group: Shareholders in Canadian Overseas Petroleum Limited demand board changes, plus an independent investigation via Special Meeting.

LONDON and CALGARY, AB, Feb 29, 2024 - COPL Action Group (“CAG”) and Canadian Overseas Petroleum Limited (the "Company") (CSE: XOP) (LSE: COPL).

CAG members currently own 8.9% of the issued share capital of the Company.

Shareholders of the Company formed the COPL Action Group in December 2023, opposing recent decisions made by the Company’s Directors (the “Directors”) led by Chairman of the Board, Mr Tom Richardson.

The CAG can confirm that it has secured the services of Mr Michael Cotter, Solicitor (London), to act as its legal counsel. Mr Cotter has already written to the Directors of the Company to requisition a Special Meeting, following a 99% reduction of the company’s share price. In summary, the purpose of this meeting would be to:

Remove Mr Tom Richardson, Mr Mark Wall and Mr John Cowan as Directors of the Company with immediate effect. The CAG have nominated three alternative candidates, their appointment to run simultaneously with the removal of current named Directors.

The CAG are also calling for an independent and detailed investigation into the conduct of COPL and that of its Directors in five specific areas.

The CAG believes that these measures are imperative in securing a sound future for Canadian Overseas Petroleum Limited. A spokesman for the CAG stated “We need to fully understand what has been happening and, in the case of gas injectant promised via official RNS, what has NOT been happening. The CAG have no confidence in anything said, or actioned, by the Directors named, it’s as simple as that.”

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has not been consulted on the contents of this press release.

SOURCE COPL Action Group

For further information, please contact CAG at coplsharewatch@gmail.com

just read the history of any successful class action of this type. ask yourself what the first steps and then follow it all the way to conclusion, custodial sentences and payments to the victims.

it warms my ****les that hh and friends are here today after an absence to see this.

Well I am sure Michael Cotter is quaking in his boots at your post clown boy.

They've been working on this for weeks and weeks and the FCA do not take kindly to lies on RNA's, forward shorting and insider dealing. 10 years.....

They have to respond within a clear timeframe. They may choose to delay but have to respond with good reasons to do so and that will be relayed to the Financial authorities for their investigation.

Poor Fish, looks like that investigation is getting to you

Newbie troll (EezGJ78 - fish)

That shows your utter lack of understanding about either corporate law or Canadian corporate law.

Company when receiving such have to respond in a set time frame and if they are served papers they absolutely have no escape from their duties.

This is game on.

I particularly enjoyed reading this bit:

Based at Setfords London, Michael will also assist clients in Judicial Review proceedings against the Financial Services Compensation Scheme and Financial Ombudsman Service. As a regular media commentator for titles such as The Times, The Financial Times, Money Mail, Professional Adviser and Citywire Michael is at the cutting-edge of evolving markets and industry trends.

Mr Richardson you were warned.

There you go guys. Top top lawyer with proven expertise in winning Class Actions against far larger companies than the charlatans involved here.

That is what those HNW boys do. They don't mess around, they use their resources and bring in top talent.

Fish wow.

Even for you that waffle didn’t make any sense!

How’s your uncle?

The authorities will do that Rick along with gun lawyers appointed. 😉