Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Letter of Intents need to be signed by tomorrow. We need one final push by EVERYONE to ensure a bidding war takes place. There may be companies sitting on the fence or some who have forgotten to sign the LOI before the deadline.
Send out emails to major oil companies and market the sale of the company NOW. We're not going to get this opportunity again.
https://www.copl-media.com/
https://www.facebook.com/coplactiongroup
https://twitter.com/ActionCopl
We certainly need a bidding war to ensure we get a return, but we can't just allow the current players involved with the Sale and Investment Solicitation Process (SISP) who played a role in getting us in the mess, to determine whether there's bidders. We should all be promoting and ensuring oil companies are aware of the process.
Don't rely on others to do the work on your behalf. All of us need to play our part so send out emails, tag in major oil companies on tweets, get in touch with media channels, and market the sale of the company EVERYWHERE.
https://www.copl-media.com/
https://www.facebook.com/coplactiongroup
https://twitter.com/ActionCopl
I'm afraid, the retail investor has zero chance when people with influence get together to defraud them.
We all know about Tennyson Securities past dealings. However, there hasn't been a similar spotlight on Hannam & Partners. In particular, Ian Hannam, Neil Passmore and Andrew Chubb. Founder, Ian Hannam was fined £450,000 for market abuse by the FCA in 2014. Neil Passmore was involved with the Savannah Energy / Seven Energy transaction that saw shareholders in Seven Energy lose out (see: https://www.chronicle.ng/news/judiciary-court/shareholder-battles-seven-energy-13-others-over-restructuring/?fbclid=IwAR1kndW7qbwBZdRmUakndflgCaDSH-ftKs56DK6vJzqcBX8zeN6QeKLFZi4). Andrew Chubb was previously a Managing Director at Canaccord Genuity.
Art has a relationship going back decades with the late, Tim Hoare (former Cannacord and Hannam & Partners).
These are the type of people we're dealing with.
Joe Lewis: How one of Britain's richest people broke insider trading laws
https://www.bbc.co.uk/news/world-us-canada-68716896
This is an example of what can be achieved if enough pressure is applied. Our situation is much much worse and will be easier to prove. I hope TR has been servicing his superyacht in the Cayman Islands, we should get top dollar when he's forced to sell it to pay off the shareholders. If there is justice in the world then the culprits in our case will get jail time and be made an example of.
Atul Gupta most definitely has experience.
https://www.facebook.com/coplactiongroup
Copied from page 25 of the FCA approved prospectus:
Risks relating to the application of Canadian takeover bid rules
As the Company is a reporting issuer in Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island and Saskatchewan, certain offers to purchase outstanding shares of the Company may be subject to the application of Canadian securities laws which require the making of an offer on identical terms to all shareholders in the local jurisdiction (with limited exceptions).
Such rules are not necessarily equivalent to the rules under the City Code. Moreover, such laws may not necessarily apply where an offer is not made to a shareholder in Canada.
Canadian securities laws provide that a person or company (the "offeror") that offers to purchase equity or voting securities (such as the Company's Common Shares) of a reporting issuer from security holders in Canada that would result in the offeror owning or exercising control or direction, directly or indirectly, over equity or voting securities representing 20% or more of the outstanding securities of the class (including securities that the person or company has the right or obligation to acquire within 60 days, with or without conditions) must, subject to certain exemptions, make the offer, on identical terms, to all security holders in Canada in accordance with a number of requirements (referred to as "Canadian takeover bid rules").
Exemptions from the Canadian takeover bid rules are available in certain circumstances, including in the case of certain private transactions involving five or fewer vendors where the purchase price does not exceed 115% of the market price of the shares. Another exemption is available in the case of purchases on the open market where the aggregate number of shares pursuant to this exemption together with other acquisitions does not exceed 5% of the issued and outstanding shares over a twelve month period.
The Canadian takeover bid rules apply where purchases are made from shareholders in Canada. Although Canadian securities regulatory authorities do have discretion to commence regulatory proceedings on the basis of public interest notwithstanding the fact that the relevant parties are not residents of Canada, the purchase and sale of securities from or by shareholders who are not in Canada may not necessarily be afforded the protection of the Canadian takeover bid rules.”
Great work, Stas20. He basically implied that income will increase substantially, costs of goods sold will remain the same, which will result in a massive jump in gross profit. By saying the company will be profitable demonstrates that there wasn't a need for funding, and this interview was over 3 years ago.
Hi Stas20. Thank you for the response.
Ok, no worries about putting together a document to share with journalists.
It's clear that you're working away in the background and digging for pieces of information that could help shareholders / CAG. I agree that it's not wise to share all the information on a public platform like this.
The CAG are doing an incredible job and we should all be grateful to them. This isn't the first time that I've bet on the wrong horse, but the reaction from shareholders, especially the CAG is commendable. Although, the investment case here was/is strong, we couldn't have foreseen the Board's intentions to rob us of our savings.
I agree that the CAG leadership team should determine the best course of action, and in my opinion they have earned this right through the actions they have already taken.
We should all share information, which we see as helping our cause, to the CAG leadership team. Even small pieces of evidence could be of assistance to bring all the pieces of the puzzle together.
Once the class action / group litigation is underway, there will be a massive spotlight pointing directly at the past/present Board members, along with their associates at Anavio, and elsewhere.
Today's journalism is littered with sensationalism, truths are expanded to seem more exciting and dramatic, but in our case there's no need to twist the truth, the story itself and the shady characters associated with it don’t need to be sexed up.
We all need to play our part. I will try to prepare the documents to send out to investigate journalists who will no doubt do their own due diligence before reporting. If the evidence is strong enough for CAG lawyers to represent shareholders in the class action then it will most definitely be suitable for journalists to report on. I will share with CAG before sending out. It’s worth noting that the main document i.e. the bullet point summary detailing shareholder suspicions / accusations / grievances, will not be posted publicly.
The culprits of this theft will be wishing they hadn’t done this to such a group of well organised and determined people.
Warren Buffett once said, “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”
They didn't think about doing things different, and will pay the price. I’m in the mood for destroying some reputations, who’s with me?
Stas20, I asked you a question a few days ago. I’m not sure whether you read it and ignored it or didn’t see it.
Would you be able to create a document covering all issues so that we can send this out to journalists when making contact?
I’ve amended the diagram showing the different connections linked to COPL, the latest version hasn’t been posted publicly yet. I’d like to include a summary/key with the diagram providing further detail of each connection. Then add a bullet point type summary of shareholder suspicions / accusations / grievances.
These documents can be sent to investigative journalists to look into. I feel that we have to do the legwork, and summarise our case in a clear manner, for journalists to take notice.
I’m working on the first two documents but feel you’re probably better placed to create the bullet point summary because of your knowledge and understanding of the situation. You write very well as well.
I’m happy to send the information to you if you want to take the lead on this too.
Interesting.
I posted this a few weeks ago:
“Anavio Capital Partners, a limited liability partnership was registered at Companies House in the UK on 14 November 2014. It's founders included BTG Pactual colleagues Daniel Horsley, Emiliano Leggieri and Michael Bancroft, together with former Goldman Sachs banker Dario Sacchetti.
Damon Phillip Barber was appointed on 1 July 2015 and resigned on 30 November 2016. He started working for TOSCAFUND ASSET MANAGEMENT LLP in December 2016 as COO, and was appointed as a Director on 16 January 2017. He holds other directorships as well. Toscafund Asset Management LLP are/were a shareholder of COPL.”
It's Been Updated, Link Below. The Walls Are Most Definitely Closing In On The Culprits.
https://x.com/AIMissionary/status/1752732165605916774?s=20
Saintnick, I’ve just checked again and you’re right about Mike Hirschfield at Seed Capital (80 Cheapside) being different to the Mike at the FCA. I didn’t expect there to be more than one Mike Hirschfield.
Saintnick, Summit Partners is a global investment firm with around $42bn of assets under management.
They have dozens of entities around the world including in the United Kingdom.
The UK registered companies include:
SUMMIT PARTNERS LLP, SUMMIT PARTNERS (UK) ADVISORY LIMITED and SUMMIT UK ADVISORY LLC.
Matthias Allgaier is a Managing Director in the London office but I’m not sure whether the funds loaned to COPL were obtained in the UK or US. It’s most likely the latter.
In relation to COPL, Summit Partners comprises of Summit Partners Credit III, L.P., Summit Investors Credit III, LLC and Summit Investors Credit III (UK), L.P.
If you search the company names above with the CI address below, you will see the connection to Anavio and Hadron Master Fund.
PO BOX 309, Ugland House, Grand Cayman, Ky1-1104, Cayman Islands.
Thanks, saintnick. We need to make as much noise on X as possible. LSE is good but is localised, if we want to reach the mass audience then we need to make sure of X.
We need to have much more engagement for journalists to take notice in my opinion.
We also need a bullet point type summary covering all aspects of our grievances to send to journalists.
Stas, you write really well. Would you be able to create a document covering the issues so that we can send this out to journalists when making contact? Journos like to be sensationalist and our findings are nothing short of this.
Https://x.com/AIMissionary/status/1750912103001550989?s=20
Please like and retweet the above. We need to send this to investigative journalists to dismantle the criminal network that is adamant to steal our life savings and pensions. Shareholder activity on X is disappointing, we need to ensure our voices are heard by the masses.
Thank you again for the excellent work being conducted by the COPL action group. Apologies, for the late response to the Milton Capital PLC post. It’s good to see pieces of the puzzle coming together. The connection with Mike Hirschfield of the FCA needs to be explored further in my opinion as this could prevent any investigation into wrongdoing.
Also, this address is seems to be of importance:
PO Box 309; Ugland House; Grand Cayman; KY1-1104 Cayman Islands
Ugland House is a building located in George Town, Cayman Islands. Located at 121 South Church Street, the building is occupied by the law firm Maples and Calder and is the registered office address for 40,000 entities, including many major investment funds, international joint ventures and capital market issuers.
Both, the Bond Holder (Anavio) and Senior Lender (Summit) are linked to this property, which may just be a coincidence because of the volume of companies registered at this address but seems very suspect, especially with Thomas Richardson and Marco D'Attanasio linked to the same address via Hadron Master Fund.
Part 1 (posted previously):
The COPL Shareholder Group need to look at a few connections in more detail.
Richard Paul Mays was a COPL Director for around 4 years between 2014 and 2018. He is now a chairman at MILTON CAPITAL PLC.
MILTON CAPITAL PLC was part owned by Richard Paul Mays and Peterhouse Capital Limited, but the latter ceased being a shareholder on 4 October 2022.
Both companies, Milton Capital PLC and Peterhouse Capital Limited reside at 3rd Floor, 80, Cheapside, London, England, EC2V 6EE.
A gentleman by the name of Thomas John Zacchaeus WINNIFRITH was a Director at Peterhouse Capital Limited between 3 July 2007 and 31 January 2008, and again, between 19 December 2008 and 6 April 2009. The Company is owned by CEO Peter James Greensmith.
Part 2:
It seems the following address is a hub of activity:
80 Cheapside, London, England, EC2V 6EE.
A company named, SEED CAPITAL SOLUTIONS PLC, was incorporated on 18 December 2017 and is also registered at this address. It had three shareholders (1) Komir Limited, a company registered in Cyprus (2) Richard James Griffiths (3) Michael Brian Victor Hirschfield aka Mike Hirschfield.
The shareholder information of SEED CAPITAL SOLUTIONS PLC shows AMI Assets S.A (Pavandeep Sanghera) as a major shareholder in the company. I’m not sure whether it’s the same person, but there’s a gentleman named Pav Sanghera working as Head of Equity Sales at Tennyson Securities (which was formerly known as Mirabaud Securities).
Also, nearly forgot to mention that Mike Hirschfield works as a Listed Company Compliance at the FCA. A quick search shows that he’s quite a colourful character:
https://www.offshorealert.com/tag/michael-hirschfield/
I’m unsure whether this is just a coincidence, but the above information links a former COPL Director, Tom Winnifrith, Tennyson Securities, the FCA, and there are most likely other connections. The more in depth I look, the bigger the network grows.
Https://www.bbc.co.uk/news/world-us-canada-68025903
UK billionaire Joe Lewis, whose family trust owns Tottenham Hotspur football club, has pleaded guilty to insider trading in a US court.
Lewis, 86, was accused of passing info about companies he invested in to his private pilots, friends, personal assistants and girlfriends.
US authorities say that the fraud netted millions of dollars in profit.
Lewis pleaded guilty to one count of conspiracy and two counts of securities fraud and will be sentenced in March.