Member Info for Lifeishard

thanks looed,

slightly tweaked tabs question with your additional input, up pops this , am i correct is saying yes it is still possible “if” i am correct on steve, he has the option to take us with him?

a new entity is formed

if a new cayman entity (or one in another jurisdiction) is created - for example, as part of a restructuring or

"newco" arrangement:

• a new share register must be created for that entity.

the liquidators or restructuring agents might mirror the old share register when allocating new shares (e.g., in a ************** or scheme of arrangement), but this is a deliberate act - not an automatic carryover.

When a company is liquidated, its share register (the official list of shareholders, their shareholdings, and details) doesn't automatically transfer anywhere — the company, legally

speaking, ceases to exist once liquidation is complete. However, there are a few specific mechanisms through which the information or ownership structure from that old share register can become the basis for the share register of a new entity.

The share register of the new company is populated using the same shareholder list (names, addresses, and proportions) as the old one.

But this is not an

automatic transfer — it's created by:

• Board resolution of the new company issuing shares.

Proper share allotment entries;

• Possibly a "deed of assignment" or a scheme of arrangement confirming the transfer of shareholder

Interests.

So, the new share register is a fresh legal record, but constructed from the old register by design.

Now am no legal eagle and I removed all doubt moons ago, but in my eyes that says it is possible, happy to be corrected by the likes of Looed et al..?

You could well be correct Smelly.? No arguments from myself on that we may well yet find out we have been fleeced.???????

I just searched and have found is there “is” an option for us real holders to be taken over to the new company legally, clearly Steve needs to be sorting that one out..? Will most be right on this.. or will there be a small minority like myself that still hope Steve will come good..?

Anyway that is how I read the information on the internet.

as said many, many times…..time tells all tales.?

Tabs,

I found this on the internet, and with me I believing most things off it …..which got me here in our share in the first place, this is the answer I found to your question.

"Phoenix" or

successor company

Sometimes, a new company (often called a

"phoenix company") is set up to carry on the business of the liquidated one. In this case:

• The new entity is legally separate.

It creates a new share register as required by law (e.g., Corporations Act 2001 (Cth) in Australia, or Companies Act 2006 in the UK)

The initial shareholders of the new company are entered into that register based on agreements or allocations, often mirroring the old company's shareholders.

So reading this “IF” true, then yes we can go over to the new company, but do your own research to confirm.

Looed, “if” this is still our company, are you telling me that profile reads bad..? Surely not.

I know full well what position we are in, I am £16k down, but I am not giving up yet.

Yes Looed , company name change only, but still reads really good doesn’t it 😉

Will our final update read as good as this…? 🙏

because that does look very good on the 👀😅

TXN Energy’s strategy is to seek opportunities in known hydrocarbon-bearing basins where historical geopolitical, economic and/or technical situations may have caused significant oil and gas plays to be overlooked or underdeveloped. As these markets evolve and emerge, TXN Energy is well-positioned to be a primary mover applying advanced U.S.-based technologies to capitalize on unique investment opportunities.

Since its founding, the company’s focus has been on the greater Black Sea region, and this has made it a leader in understanding the regional geology and technical requirements necessary to successfully exploit oil and gas deposits throughout this region.

As I lay me down…. Ready to sleep

I pray to my Lord… our money we keep

This has gone on…for far to long

yet us real holders… have done nothing wrong

I believe Steve ….fights for us still

It’s whats kept me sane……and still with will

That good things will come….to all real holders

Give me your best cuckoo crew…..I have broad shoulders

GLA real holders, we deserve closure 🙏

Well I hope “we” real holders end up with wallets as thick as you Njames 😅🙏💵💵💷💷???

You will see why at the finish line Njames….. if it goes how I hope it does that is 😅??🙏

Mobilizing and Enhancing Georgia's Options for Building Accountability, Resilience, and Independence

Why is it weird..? It’s what Uncle Sam is offering, if they are smart they will take a deal……. If not then I have no doubt in my mind they will send in the big guns…..Ethan Hunt, Jason Bourne, Forrest Gump and Rambo💪

Steve back against the wall, seemingly all going against him, yet he stops the above happening, come on holders, surely others see a glimmer as I do🙏

Will I get to press send Njames??????? Oh how I pray I do 🙏😅

Smellysausage …..I see someone understood my engrish enough to get the post removed, no that is weird.

See you at the finish line cuckoos

🎣🎣🤣🤣

Thanks Looed and great write up B-2-0 👍

Tabs, like I said, I hope I see Lady Mapp reveal whatever she knows, being our own born nanes on here would clear up LSE over night, you may know him, I don’t! Just another cuckoo for me trying his best to frane a name on myself, no respect from mysekf to him, plus can he keep his mouth shut long enough for us to find info out or will he be able to close doors like he did in the past?

RR … laughable 🤣🤣

Note to LSE, change your rules, I am more than happy to have all real names revealed.!?????

I hope I get to see you name and shame Lady Mapp, especially if they are members of the cuckoo boat trippers, now that one I would frame and put on my wall

Https://www.youtube.com/watch?v=jEMPyjATNC0

Are you winning our battle Steve..? I hope so 🙏

I bloody hope so, we have been here far too long as it is, closure needed, I am strong enough to last the course, will I get to press send on 🫵 post Njames????????????????😅

Just a personal thought, Steve is up against the wall it seemed to us? Family issues regarding using the family funds to keep our company going? Then how on earth could this one man stop the Megobari act if he was in such dire straits? I am still holding out Steve is with us as you all know. Have a great weekend real holders

https://www.youtube.com/watch?v=tmatuQxzF4w

Smelly is 🎣🎣🎣 again “ aggressive” 🤣🤣🤣😘

See 🫵 cuckoo crew at the finish line

Just for 🫵 Njames

https://www.youtube.com/watch?v=IP8JgWd6TW0