If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
http://www.globalcapital.com/article/sw16qqq3dt31/afren-drama-holds-five-sharp-points-for-investors
We shall go on to the end. We shall fight in courts, we shall fight on the law and with the authorities, we shall fight with growing confidence and growing strength in the media, we shall defend our shares, whatever the cost may be. We shall fight on the breaches, we shall fight on the lawyers grounds, we shall fight in the frauds and in the banks, we shall fight all their bills; we will never surrender Afrenlegalaction Yahoo Com
We already have a very strong body of evidence emerging and as before we request that if any shareholder, company official or interested party in Afren PLC can provide any factual information of any event involving the company, that they feel should be reported to the regulatory authorities or has which has unnecessarily damaged the value of the company, please can they collate the information and forward it accordingly to us initially and our lawyers subsequently. We can only request that you all continue forwarding this information and evidence and we are especially interested in speaking with anyone who has key knowledge of any illegal act or dubious event. If you have legally contentious facts but are naturally concerned of the legal ramifications of passing this information to us please contact the legal contacts direct and they will advise you accordingly as to how this can be handled correctly in the appropriate manner. We have faith in the quality, integrity and powers of the judiciary and authorities to assist us in gaining justice and we are all working towards the day that judges and juries have an opportunity to evaluate the entire facts and not just the propaganda that we have all been barraged with since the irregularities began. Thank you for all your support.
Many of the Afren PLC investors who have lost countless sums during the scandals of the past years are seeking legal advice to seek redress and to gain recourse over the significant amount of irregularities that have occurred within and by those associated with this company. We are not convinced of the impartiality of many of the key players involved in this company over the period and the motive or the methods of those who are either involved in irregular behavior or who have assisted this malicious destruction of a multi billion pound company into its current condition. Some parties seem to be trying to rush through even further unacceptable outcomes to add insult to injury and the only way for us to counter this is to work methodically with the appropriate regulatory authorities and professionals in order to carefully and clinically reverse the damage inflicted upon many investors through what is alleged illegal and unethical actions. This is a marathon not a sprint. Ultimately, this will be resolved by a judge and jury and will probably require multiple litigations in more than one jurisdictions to seek the best outcome for all those who have been dispossessed. If a straight forward solution is not found it may take a long time to resolve fully but we feel that a positive resolution is likely regardless of any counter narrative that is deployed to deter us. In the interim, we request that no genuine supporter publically reports on any key historic events, allegations or developments on any bulletin board. Justice is slow but pure and we request and suggest that any posters do not waste their time in engaging with the deliberately provocative posters who are being paid to undermine our efforts or who seek to benefit from the dubious transfer of Afren PLC assets to key third parties. These malevolent parties have caused enough damage already and Pied Pipers have misled enough innocent investors to date that we do not want to encourage them further. If needed a legal class action point of contact will be advertised, published and distributed to all qualifying claimants by our lawyers in due course and they will become the key future unifying voice for the escalation of this pursuit for justice. Be assured, we will continue regardless until this injustice has been rectified.
Great post, thanks like always!
Dinosaurs went extinct because the atmosphere no longer was able to support their excessive size and appetites.
The Bloomberg article is beyond astonishing. Mentioning a 17th of August deadline. The Sunday Times has accurately predicted very strange and disturbing developments re this company in the past and he seems to have an inside connection within Afren. Fire Sale by the end of the month announced. Alixpartners comments "do not anticipate that there will be any funds available for distributions to shareholders" Malcysblog comments and Blackstone Are they actually trying to save the company as a going concern, employees and Shareholders????
http://www.bloomberg.com/news/articles/2015-08-13/gunvor-shows-interest-in-afren-oil-asset-sale-to-grow-in-africa a comment from the Administrators would be interesting given the ridiculous deadline, and their e-mail yesterday to us saying that a fire sale significantly over dramatises the reality!!. Nobody buys an oil field based on 1 week of due-diligence. That's crazy! afrenlegalaction yahoo com
We can all feel sadness but too many people have lost too much for this to be brushed under the carpet during the holiday season
It was enlightening to read the recent Simon Hawkins statements this week now that he is free from the Afren battlefront Everyone who invested in whatever form may also want to ask the former head of investor relations during the period of the 99% collapse in share price value of Afren over the past 12 months a few poignant questions. Especially as he has admitted that he had unrestricted access to board level Outlook calendars and therefore Outlook emails.
be sure we will fight for that afrenlegalaction yahoo com
We are very concerned at yesterday's announcement of Blackstone being appointed as the financial advisor. This announcement corroborates the Sunday Times story of 08 August and give further rise to the concern that the administrators are indeed rushing towards a fire sale of the assets. We are puzzled that how did the administrators concluded their due diligence and decided to appoint a financial advisor within the first week of their appointment? Not only this announcement is in direct contradiction to the administrators own position of 09 August but surely someone must have tipped off the ST journalist by no later than Friday for the story to appear in the Sunday paper.
paragraphs 51 and 52 of the Insolvency practitioners code of ethics that appears here, http://www.insolvency-practitioners.org.uk/regulation-and-guidance/ethics-co de " 51. Where the assets and business of an insolvent company are sold by an Insolvency Practitioner shortly after appointment on pre-agreed terms, this could lead to an actual or perceived threat to objectivity. The sale may also be seen as a threat to objectivity by creditors or others not involved in the prior agreement. The threat to objectivity may be eliminated or reduced to an acceptable level by safeguards such as obtaining an independent valuation of the assets or business being sold, or the consideration of other potential purchasers. 52. It is also particularly important for an Insolvency Practitioner to take care to ensure (where to do so does not conflict with any legal or professional obligation) that his decision making processes are transparent, understandable and readily identifiable to all third parties who may be affected by the sale or proposed sale."
For the record, we would like to make it very clear that we have huge reservations with the appointment of Blackstone as the financial advisors. Given that Blackstone were the paid advisors to certain bond-holders for many months, we find it very strange that a company with an inherent conflict of interest has been appointed by the administrators for a fire sale of the assets. We would like to know what process was followed in the selection and appointment of financial advisors. Our view is that due to the inherent conflict, even with the Chinese walls mantra, this appointment is against all principles of transparency and impartiality. afrenlegalaction yahoo com
Could you please contact us? Afrenlegalaction Yahoo Com Or call us Or email me, you have my details
If there is any justice in this world, the SEC, SFO, FCA will utilize the currently available laws and powers to switch/monitor administrators to ensure that Alix Partners do not rush through the fire sale of the assets of Afren PLC to the intended beneficiaries as leaked via the The Times. Thanks god for the NSA/ GCHQ file storing. Did Afren Directors brought in financier’s who pre-planned the AHBH committee transferring ownership strategy while not disclosing to the market or suspending the shares? Fair question to ask AHBH selected Alan Linn. Alan Linn selected Alix Partners as administrators. Alix Partners then employed the AHBH consultants for the administration. You could not make it up.
We will meet the Administrators shortly! Afrenlegalaction Yahoo Com