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There is only one reason this share is in the gutter, that is the complete negligence and incompetence of our arrogant BOD. They have completely wasted tens of millions of shareholders money on frontier drilling, now everything has failed they have decided to drill in proven areas which should have been the first approach. Unfortunately any one with a brain will stay as far away from this share as possible and the Bod will not be able to raise capital to keep the company going so they will have to sell our assets to keep they're highly paid jobs going.
It's a shame that our BOD wouldn't vote on cutting they're salaries and expenses too give this company a chance of surviving. Our bunch of parasites take on extra BOD members to join the gravy-train, doesn't this speak volumes. Massive dilution to come.
They are all in it together, try informing other investors about these corrupt AIM practices and watch how quick LSE deletes your postings. The company can tell you a pack of lies and they are never removed. One big boys' club.
We are sick of they're lies, they have turned my £10,000 in to £600 and they want to keep this pyramid scheme going so they don't have to go looking for new jobs. I should have known something was wrong with this company when Thompson went for a directors position and they gave him the chief executives job, what a Patsy.
250 to 1 consolidation will devastate long-term shareholders leaving them with nothing. once they have consolidated it will all start all over again the Bod will start diluting the value back to where we are today, this is what happens when you have management that's only concern is they're salaries and keeping the gravy-train going. we have second class assets and third class management that have no morals or guilt. the only reason they participate in buying shares is so that they can't be kicked off the train, they are putting a little bit in to the company but they are taking a great deal more out. wake up people.
They will more than likely dilute existing small share holders out of existence, there by getting the company without buying it.
Let's hope that in the not too distant future lawyer's will take a look how AIM companies are run solely for directors enrichment. I have recently had telephone calls from such solicitors asking if brokers have given me information that has led to losses, so it's only a matter of time before test cases are brought forward and we can take legal action against directors that have been extremely misleading to say the least.
Please could someone tell me if you have to put someone's name in the box on the voting card where it asks you to appoint the chairman of the meeting, or do you leave it blank.
How is it so easy for directors that have no morals to steal shareholders companies without any repercussions.
hatman- 1200000 shares for no
What's our so-called BOD doing, I hope they are not just sitting on they're extremely well paid asses looking for other jobs. They should be cutting costs wherever they can, start with they're pay. Until what that's the question. Yes that's it go Bust, because that's where we are heading unless something, anything is done to try and save our company.
We will soon enter the next stage that AIM Companies like ours goes through when they are nealley out of cash, that is massive consolidation and then massive dilution. What company in its right mind is going to buy into a Company that has a BOD that couldn't find they're arse in the dark with two hands. If the BOD doesn't get funds in by next year they will then more than likely have directors leaving before a sinking company damages they're already poor reputation and prevents them from moving on to they're next victim.
The bods of these companies and the markets have the opinion that if people have spare money after living costs and are stupid enough to invest in the AIM markets they obviously deserve to lose it. And as far as FCA is concerned they have hardly any powers to stop corruption on aim.