Member Info for jonjo

Good and I hope you continue to prosper !! Have a pleasant weekend !

wow see you ego now demands that you post your profits on this BB - what a truly modest person you are - you firstly mock the guys that sold out which for all you know sold at as profit then announce how fab you are on making money - your personality truly knows no bounds !!

any news on whats happened with the BT bid, or is CC still claiming he knows nothing? By the way - "Show us the accounts" !!!!!!

to see what this closes at especially what Copper settles at ?

Hey Cyan Chris Bailey - remember this little gem posted on BMD's rag written by him LOL: New Way Forward I spoke to Sefton Resources yesterday. An amicable conversation. As the single biggest share-holder we are now in a position, if we so choose, to call for an egm to effect change. All options are on the table and there are many options available to us. We are here to force change that increases value for share-holders, for ourselves and for the company. We, unlike the barefaced liars and pump & dumpers, do not hide behind lies. We tell it as it is. We are here to make money. It’s called the Stock Market. Any changes on Sefton, could involve bringing in further assets from the Bahamas if the Indonesian deal fails to complete. Assets that we are actively negotiating. That moment may or may not arrive. What will arrive is that we will now seek an official meeting with Miss Whitford to increase their awareness that Sefton have to pull their fingers out and get the producing Indonesian assets, in the bag and announced asap. If that meeting is unproductive we will call an egm. We have the backing of many. Including the market legends Clem Chambers and billionaire Jim Mellon. As for the malicious Ellerton litigation. This is a $500 dollar writ that ultimately will fail. You could if you so chose issue one yourself in the Denver courts. It’s not worth the paper it’s written on. Ellerton’s lawyer is actually a friend of his, working on a contingency that if they get any kind of payment then they split it 50/50. It’s a typical USA greenmail ploy. I shall on Sunday be meeting Miss Whitford to hand over a box of Sefton Resources confidential information that I was working on when at the Company. That box contains the information and evidence that will kill off the litigation. It will assist the Company in striking out the writ. It contains all of JimmyLiars fraudulent spending activities and much more when he was in situ and when he was booted. Jim Ellerton is a fraudster. He was beaten in the UK courts by myself and will be beaten in the USA courts, this time trained professional Lawyers are beating him down. Not a blogger! Our opinion, as investors, in so much as we can give an opinion, is that Sefton are almost certainly now aware that they have to move quickly. There’s super gains to be made here if the cards are played in the right order. If there wasn’t we wouldn’t be holding 485, 750,000 shares. Viva Dan/Chris

Hi Wassatt - just a little return commentary reminding all the rabid rampers just how good team shotgun really is - well they have a small pile of cash which they a refusing to account for where it is being spent and as usual cannot provide any signed off accounts or indeed any semblance of account. No sign of the promised report demonstrating the so called massive fraud exposing the previous team. reportedly £10k per month being spent on god knows what and this will continue until the well runs dry IMO - still never mind its just another example of the financial authorities allowing anyone to run riot with investors money with no accountability Ho Hum !!

Whilst it is a noble intent to pursue the BOD to be brought to account writing to MP's will achieve nothing IMO. The best route again in my opinion is to approach the insolvency practitioners at the creditors meeting when it is convened and then insist on a creditors committee to be formed. This will enable both the directors and the liquidator to be held to account to ensure all information becomes available for all to see. It will also ensure that it is transparent as to how and when the company became insolvent and also what the role of the BH's had in relation decisions that were made including the attempted change of the M and arts. Off of the back of this full disclosure which is mandatory the credit Commitse can insist that the Liquidator writes a report relating to the conduct of all directors if it is obvious that impropriety has taken place and can even recommend that the directors are in some cases struck off. In addition if influence was brought by a particular key party to ensure that the company had continued to trade despite being insolvent then they would be equally liable and damages could be sought. Petitions no matter how noble and letters to MP's will not cut it despite raising awareness what is more important is that as many shareholders attend the creditors meeting to ensure that a creditors committee is formed and that the liquidator is forced to explore all options that might lead to the BOD being held to account and possible financial claims against certain key influencers in this sorry episode

Not sure what any EGM will achieve ? The company is insolvent and as such liquidation is inevitable, in addition we have no Nomad so the company will delist. In the event there is no liquidator appointed then the BH's will undoubtedly appoint a receiver to recover the debt owed by forcing the sale of the assets.

Mr Kew was a Non Executive Director - how can you possibly say he has no responsibility - He presumably voted at meetings - perhaps he might tell us where the missing turbines are or indeed why we are still owed the balance on the money due for the data ?? Maybe he could venture an opinion on the issue of solvency over the last 12 months - I cannot see a situation where he was not in the meeting where the IP's were giving advise on solvency??? He is a director and is up to his neck the same as the other tw1ts !!

Obviously no money left to line the pockets with as they have spent it all - last knockings of a failed company and smug BOD !!

You have to wonder if the BH's have made the wrong call ? With the Nomad heading for the hills, the BOD AWOL and a liquidation shortly what happens in there are no buyers?

The full blog from share prophets - does make me laugh old TW as we revealed yesterday, ADVFN (AFN) bosses Clem Chambers & Mike Hodges who also run now delisted Sefton Resources (SER) have stated that flip flop Ben Turney has not submitted an EGM request to oust them. Flip Flop has denied this and accused the Sefton (SER) board of lying to their investors. Now Turney has parked his tank on the ADVFN lawn. I can now reveal that flip flop is now the proud owner of one share in ADVFN and is therefore likely to attend the ADVFN AGM to quiz the board on matters relating to both ADVFN and Sefton. Given that Chambers and Hodges only narrowly survived an attempt to oust them from ADVFN last year thanks to technical issues one can only speculate as to how this will play out. Did anyone say "beer and popcorn time?"

Then why did BT buy the shares from Dick Oil??

Tozerk - would be happy for CC to do what he needs to do - but as we appear to be spending £10k per month on who knows what lets see some accounts ??????????

Be interesting Cyan if there is an EGM where the current BOD can be asked where the accounts are and where the money has gone and a copy of the independent report they said had been carried out ????

Hi Raspberry, I don't think this is a pre-pack administration but simply a liquidation. The only asset of note is the licence and to be frank if the BH could have sold it for what they are owed they would have already done so, so I see no upside or competitive bids. IMO any buyer is going to want to know that they are acceptable to the issuers otherwise they may be buying into something that might very well lapse rather than be renewed. One thing for sure is that any buyer is going to have to show they have the cash to develop the field !!

Not likely I am afraid as it will lose its assets on sale

Oh dear me - so in your previous post you stated you were pumping the share now your saying you were shorting it - wibble !!

Don't twist my words Numptie- you couldn't run a bath let alone take over a company- now bugger off back to iii oh no you have already been kicked off of there !!

Beyond belief - why do we get all the looney tunes on here ?