Member Info for OneDayRodney1

Bomber: it doesn't now. It used to show his Flybe posts. Devex also pointed out that he used to post on another stock (an oiler or miner I think) in the same vein that promptly turned bad.

Thank you Madp; I sit corrected on that point. Could them being struck off on a technicality effectively be the same as "liquidated"? Our shares are in Frontera Resources Corporation and that is one of the ones being struck off, so imo it is sensible to continue our endeavours to make the powers that be aware of this situation. It is possible that they already are given Earsbern's successful communication yesterday, but better to be sure.

Good morning all
I see B-2-0 has spoken and, as usual, told us all what the super sleuths had already uncovered. He is certainly an expert in hindsight. Unfortunately for us all, his foresight has yet to be anything but completely wide of the mark, not only on this share but on Flybe (who else remembers the 20p buy out deal posts days before investments were wiped out?) and other shares too. I have no idea what his motives here are but clearly he must get some joy at getting so many folks' hopes raised regularly with his proven tosh.
Meanwhile in the real World we are one day nearer our investments being wiped out when the Company is struck off on the 30th. Thank you to Looed and Earsbern for their efforts to stop this; I will be continuing mine today.

Well done Earsbern.
I wonder how we can find out whether they act on the news?

CF73: I entirely agree, however, in this case what we can see is fact and is terminal unless something is done in the next couple of weeks; period. It is quite plausible that the Company are unaware of it.
Some of us are doing our level best to address it. That approach is clearly a better one than some on here who seem to stick their heads in the sand and adopt an "everything will be fine" attitude.

CF73: It's certain to be finished on 30 October unless action is taken to stop the Company being struck off by then.

Tsbs: I was polite in mine ... ;)

He won't have read the email yet of course. He's probably thinking about getting up to have his cornflakes ... sorry, waffles I should say ...

NJames: I emailed Linsenmayer first thing this morning. I will post any reply I get. If I don't get one within the next 24 hours I will send another email or call him.

StarRage: you are, unusually, off the pace today. Looking at out of date regulations. Now you have come to the same conclusion that I did yesterday evening. Here's my post from then:
"Looed
Maybe you could point out to your Company contact that we are going to be struck off on 30th October if they don't address the outstanding annual return and fee?
Please!"

Anyway, Looed, please could you confirm you have received the request from us both?

StarRage: you are wrong.
Here are the appropriate sections from the Cayman Islands Companies Law 2020:
Annual return
168. In January of each year after the year of its registration each exempted company that
does not hold a licence to carry on business in the Islands to which section 174 refers
shall furnish to the Registrar a return which shall be in the form of a
declaration that —
(a) since the previous return or since registration, as the case may be, there has
been no alteration in the memorandum of association, other than an
alteration in the name of the company effected in accordance with
section 31 or an alteration already reported in accordance with section 10;
(b) the operations of the exempted company since the last return or since
registration of the exempted company, as the case may be, have been
mainly outside the Islands; and
(c) section 174 has been and is being complied with.
169. Annual fee
169. (1) Every exempted company shall, in January of each year after the year of its
registration, pay to the revenues of the Islands the annual fee specified in Part 4
of Schedule 5.
(2) Each such annual fee referred to in subsection (1) shall be tendered with the
return required by section 168.
(3) An exempted company who defaults in submitting its annual return under
section 168 or the fee specified in subsection (1) shall incur a penalty

Mole: I have to go into a meeting now so cannot check but yesterday evening I downloaded the Cayman Islands Company Law and section 168 and 169 related to non filing of annual return and fee.

StarRage: I can't see how Hope would be aware of the imminent striking off. It's been precipitated by the non filing of an annual return. The Company would have received reminders; not Hope. It was only published in the Gazette on the 12th or 13th.

Phil. If the Company is struck off it doesn't exist any more so our shareholdings are in something that doesn't exist, so they don't exist any more. Bigun2's post puts the consequences pretty succinctly and starkly.

Good morning Phil
I would stop focussing on the election as if we are struck off the day before that then this farce is over. It's the end. Our investment is gone. I'm not sure everyone on here understands the significance of the Company being struck off judging by the posts ...
It's a straightforward matter to stop it happening but are the Company aware?
Should we look to use a smidgen of the translation pot to do it ourselves?

Looed
Maybe you could point out to your Company contact that we are going to be struck off on 30th October if they don't address the outstanding annual return and fee?
Please!

Durango: it's a press release by Outrider. Nothing more.

Maybe a stupid question, but presumably SN knows what is about to happen on the 30th...

Section 168 relates to filing an annual return and section 169 is the associated fee. These are run of the mill adminstrative functions of any Company.
One would have thought this could be rectified easily ... if there was someone there to do it and a willingness to do so.

Zib: the fact it smacks of desperation is worrying imo as if we were going to be getting some sort of deal with the GG then Outrider would be ok. If he forms a new Company then I would be concerned that we wouldn't be part of the new set up...