Member Info for jv123

B2O - You said - “Fibber there is precedent in compulsory liquidation that rescission is a process empowering an impacted party to present a case for the ruling to be overturned. The onus is on the applicant to present the case and if reasonable/achievable there is a strong case to overturn the ruling. The premise is that the optimal objective of the remedy is to rule in favour of the best outcome for the company such that the creditors can be reimbursed. There is also a possibility for the company to be re-instated. Again this depends on a number of factors we are all aware of . I do not have privileged knowledge, just offering a possibility given the circumstances which will all play out in the coming weeks one way or another gla b20”

So if the asset is in FRR US, and out of reach of liquidation etc , why would reinstating FRR/FRC be in anyone’s best interest ?

I don’t understand the logic ?

Looed - who is feeding you information ?

We’ve had years of being drip fed one liners advising us to sit tight, say nout and wait for news - but the news never arrives - not directly anyway…..and it’s never good news.

So, who is feeding this comms machine and why might it be different this time ?

Is there something worth hanging around for - or iust more cryptic nonsense ?

I think everyone has had enough of the cloak and dagger stuff.

That’s me been the problem for the last 5 years

There’s many unanswered questions here.

The people we trusted were and still arnt up front and honest - that is undeniable. They don’t speak.

Steve Nicandros is not a leader - he’s a thief !

100% Chris.

We have heard and seen it all before but some folk just like to feel important and try and make us all believe that the pieces of the puzzle and coming together, the game plan is working, SN is working hard behind the scenes for us all - bla bla bla.

5yrs of zero comms apart from one liners fed through selected individuals. Credible - NO!

SN has proved himself to be a man of no substance, a poor judge of character and a $hit CEO. Faith - NONE!

I’ll stand corrected and eat humble pie if this turns around but I honestly believe we’ve been well and truly shafted.

Looed - I don’t care what you think or choose to do. It makes no difference to the FRR situation - and quite frankly, neither does all the sleuthing that you keep banging on about.

The only thing that will change our position is a communication direct from the company . Everything else is just noise - including you.

I have exactly the same comms from Deloitte. Standard response. Emailed FRR and asked if there was progress but, as always, no response.

I’ve only sent them 100 emails with no reply so why I was thinking 101 would work, I don’t know. 🤔

If you position yourself as being the messenger and the key go between for shareholders, then you must expect questions to be asked.

So when they are ( whether repeatedly or not) they should be answered politely and respectfully. I don’t think that’s too much to ask !

Lifeishard - you seem to have given yourself some kind of position of authority on this forum , despite the fact you appeared relatively recently. Your constant drivel is one of the reasons I don’t look in much now. BUT, If I wish to make a comment, I’ll do just that regardless of what you or anyone else says.

Haven’t checked in here lately so how refreshing to see the same old stuff.

Questions being asked to Looed and answered in the usual arrogant manner. We are all shareholders wishing for a positive outcome, so lose the attitude FFS.

That’s exactly what AT confirmed by email.

No active discussions on a transaction - I.e a final deal, but discussions are ongoing regarding interest in the project.

I’m of the opinion that discussions are more advanced than they say.

“we have made it clear that deal terms are not being discussed right now. But strategic parties are working through the information on the project”

Does it not just confirm what was quoted in the last RNS? Only addition is a timeline. FEED is the next phase. This will require investors.

Am I missing something ?

I just used their internal messaging process. They say 48hrs response time. Or call them on +44 345 607 6001.

II have the report now. I received it this morning.

II are now on the case. They have assured me they have now contacted Deloitte. Phoned them today.

Looed, I don’t think anyone is questioning you personally. It’s more the process and the lack of transparency.

Like you just stated, we don’t know the relationship you have with FRR. We don’t know if they have “officially” instructed you to be “shareholder liaison” and we never see the original comms.

Maybe you are privi to more information than we are, which might make you feel more comfortable with the situation, but from where everyone else is sitting - not officially knowing if our shares are valueless, makes us very nervous and therefore stressed! This comes out through the messages on this board.

No one is attacking you from behind a keyboard. The frustration is with the company!!

Ya?

Thats pretty much my thoughts also Ricardo - although you have worded much more eloquently than I ever could.

This isn’t finger pointing contest- it’s a quest to find the truth and whether we still have shares in a company that, at present, shows very little respect for its shareholders.

Looed, it sounds like you are saying (certainly alluding to) that we will have no more communication from FRR for 3 months -post liquidation completion?

That timeframe paints a very different picture than the companies last statement where they stated that they could update shareholders "soon" In my book, 12 weeks isn't soon.

If this is the case, does the company expect shareholders to sit on their hands for the next 3 months not knowing whether we still have shares in this company? Personally I find that wholly unacceptable, if is the case.

They surely must know where our shares are now registered - FRC-C, FRC-US, FRUS or some other acronym they have created? The whole "we can't say anything until all legal matters are resolved" is surely wearing very think now. We are either still shareholders, or not.

What will it take for this company to be upfront and honest with shareholders? Will we have to go and knock on SNs front door and ask him face to face? It's almost getting to that point.

Thanks for all your efforts Looed.

In times of crisis and uncertainty, “family” normally stick together. Let’s hope that’s the case here.

Would be nice to have a happy ending to this long saga.

Is the ZM appeals connected to the FRC liquidation ? I don’t understand the relevance?

Our company in which we hold shares has been terminated. we need a statement from SN to clarify our position asap. No more criptic statements