Member Info for Ibug

Ocelot

It may be in place but they can only use what was agreed at the AGM. The resultion from the last AGM say £1,002,991 as DVT said. Go work it out for yourself.

Another all time low. 0.009p

Didn't take long to get "sells" in the 0.008's without the help of YA or results from the GM. Should give the BoD an idea of how PI's feel if they haven't already worked it out.

You buy billions.

Penguins

I have absolutely no faith in what is reported by the company. Having caught them out so many times now on the basics I wonder what else they have hidden. Having been a loss adjuster nothing surprises me.

Https://find-and-update.company-information.service.gov.uk/company/05299925/filing-history

What UKOG have filed;

09 Feb 2024 Confirmation statement made on 30 November 2023 with no updates

08 Feb 2024 Statement of capital following an allotment of shares on 8 November 2023

GBP 13,965,939.89789

What UKOG have not filed is shares for:

16 January 2024 24,908,513,710

18 January 2024 28,658,513,710

29 January 2024 29,534,926,104

"UK Oil & Gas – as we await share consolidation what price the next bailout placing? And where does this leave Dave Lenigas and Pennpetro?

I write as UK Oil & Gas (UKOG) holds aa GM to approve a share consolidation. Like so many penny dreadfuls its shares have collapsed below par value of just 0.01p and it must therefore undertake a capital reorganization slashing par to just 0.0001p to allow it to issue even more worthless confetti. And boy does it need to issue shares.

BREAKING: UK Oil & Gas, Oh Dear, Oh Dear – the shareholders are revolting, 0p here we come!

Earlier today I pondered at what price UK Oil & Gas (UKOG) could get away the bailout placing it needs as it is running on vapours as its shareholders voted on a share consolidation. But, as Mike Walters would have said as another of his share tips (did he tip this POS, it is right up his street?) went t**s up, oh dear, oh dear."

Was it " that as a result of shareholders' questions" or didn't they have the requisite number of votes for the various resolutions?

UK Oil & Gas PLC (London AIM: UKOG) announces that as a result of shareholders' questions, it is in the process of taking further advice in relation to the capital reorganisation and the associated resolutions proposed at today's General Meeting. Consequently, it decided to adjourn the meeting for the time being. Further announcements detailing a new date, time and revised voting instructions in relation to the adjourned meeting will follow in due course.

No matter what happens today I can it going into the 0.008's or below next week.

Ocelot

So what happens if they don't pass resolutions 3 and 5 and can't issue shares to pay off YA? Last years shares from the AGM have all been used up.

I wonder how many BS buys we will get today. If there is no blood at the GM we could get a RNS before 12am.

Heavy trading this PM.

15-Feb-24 14:01:53 0.0101 188,019 Sell* 0.01 0.011 18.99

15-Feb-24 12:54:20 0.0101 33,333 Sell* 0.01 0.011 3.37

They will either have to change the scale or provide magnifying glasses for PI's soon, especially if consolidation gets approved.

SRBS

At least we know what the BS stands for. How about all the promoting you have done for UKOG in the past? You really are a bad trader.

Ocelot

Why don't you warn PI's about the near immediate issue of another 50% of the shares in issue after the meeting. This could well be anytime next week. I don't suppose it will make much difference to you give the losses you have already if you do sell. What is another 50% down on FA anyway?

Https://www.supremecourt.uk/news/future-judgments.html

Ocelot

BS The GM has not been held and the resolutions not been voted on yet so just conjecture by you. We don't even know if all the resolutions will be voted on. You should be ashamed of yourself.

Still no decision on HH next week.

Time and Date of General Meeting 11:00 a.m. on 16 February 2024

Announcement of results of General Meeting 16 February 2024

Record date for Capital Reorganisation 6:00 p.m. on 16 February 2024

Latest time and date for dealing in Existing Ordinary Shares 6:00 p.m. on 16 February 2024

Expected date of admission of New Ordinary Shares to AIM 19 February 2024

Adrian has a brilliant record when it comes to backing winners. He has had shares in most of these;

https://find-and-update.company-information.service.gov.uk/officers/dc1ZDucW92hHD6gkbQg2JqbcJjw/appointments

Looks like Adrian is looking to get banned again. I wonder why? Has he shown himself up to be TheBiggestFoolontheHill?