Member Info for OneDayRodney1

Thank you Chris; good work as ever.
This does sound like bad news and, if true, wouldn't help with Ukraine either.
The source seems to be some radio station reporter; have you picked up any other information from there in the past? Just trying to get some idea of how reliable it might be...

Star: the scenario you describe is highly plausible, but only for a time. Ultimately the method to secure the real fortune is to either sell the company, or the asset, and reap the reward via the shareholding. Jmo.

Droid
I hope you are keeping well? (I was TheSaintAlways on ii).
You make a good point imo.
Many successful businessmen are selfish and Zaza has proved he doesn't care about our feelings by his silence for over half a year. However, whilst he could shaft us and get some sort of a pay off, if he sticks with FRR in its current guise both him, and moreso, Steve, stands to make billions. That's a comforting thought.
GLA

Cheers fire; you too mate.

Indeed Bezzy. Still the lines, irrespective of the colour (of the rainbow?! Where is he?) contribute the same value to any debate as inherit2millt w a t.

Timster: it is the same shite now, but for the last two weeks the shite has been slightly lacking ... ;).

Being on holiday currently and having had some rubbish weather (Lisbon), I have taken to looking at the ADVFN board to relieve the boredom. Well it hasn't, as the place seems to be populated by one sad character, the limit of whose abilities seems to be to copy posts from here and add looooooooooolls to the end of them.
Is that what it has always been like or were there other shorters there previously, who have now given up?

Bezzy: it would be wonderful if your scenario proved to be correct. I think I am correct in saying that had we not been forced to end up delisted then results would have had to have been published tomorrow. So in terms of stuffing the shorters (who have hit us hard), not having to say anything and then returning to market after great news, would make up for the past six months of worry.
GLA

Will we get results and an update tomorrow....?

Baggage: my isa holding was chucked out by my broker in late Jan and I was sent the cert, I think direct from Frontera. But a month or two later others on this board said that the company had stopped sending out certificates. Not much help, but you did ask!

I hope so, but in reality, none of us know. But you have no option as unless you can find someone to buy them you cannot trade frr at the mo.

Pyro: very pleased for you.
Thanks for sharing.

Good morning all
A lot has been said on this board and elsewhere about us all being misled about the interest payment being due to Outrider in September last year.
This is the extract from the notes to the accounts from the RNS on 29 June 2018:

"In October 19, 2016, the Company and the holders of the largest outstanding group of the 2016 Notes, Outrider Master Fund, LP and Outrider Management, LLC (collectively "Outrider") agreed to exchange the 2016 Notes for new secured unconvertible notes maturing on August 1, 2020. On December 20, 2016, in accordance with this agreement, Frontera International Corporation, a wholly owned subsidiary, issued new secured unconvertible notes maturing on August 1, 2020 to Outrider. This was followed by the issuance of new notes on the same terms to other holders of the 2016 Notes. As a result of this exchange, the note holders exchanged $30.1 million of principal in the original notes into new secured notes due August 2020. There was $1.5 million in associated interest expense recognized through the end of year 2016 on the 2020 Notes. The 2020 Notes are not convertible into ordinary shares of the Company and bear an interest rate of 10 percent if paid in cash or 12 percent if paid in-kind with additional notes at the Company's election. Following the issue of the 2020 Notes, the 2016 Notes were re-assigned to the Company and cancelled. During 2017, the Company elected quarterly interest payments in kind and issued approximately $4.0 million in additional unconvertible notes in accordance with the terms of the 2020 Notes."

This reads to me that FRR were due to make quarterly interest payments and during 2017 elected to settle them in loan notes as opposed to cash. So doesn't that mean that we should have been fully aware that payments would have been due in 2018? So, in that respect, surely we weren't misled? Where the trust has been lost is that Zaza spoke to us on 4 October and didn't state that we had defaulted.

Mick: no.
When CHL delisted my shares sat on my trading account for years. They're now in administration and the shares are still there! My Frr shares sit in my trading account and I have been told that if they relist, on whatever exchange, I will be able to deal straight away. A few months ago my broker obtained a share certificate for the ones they had to move out of my ISA but I do recall a month or so later peeps on here saying Frr had stopped sending out share certs.

Taffy: many thanks again. Hopefully you are enjoying yourself in Greece.

Our lawyers do seem to be useless and have really fooked this up. They have certainly got the judge against us. Perhaps we should start a lawsuit against them; if they defend it we would probably win!

Whether there is any point in taking this further now or jacking it in (as Arsenal understandably suggests) is something that it would be good to have some expert opinion on (Oopsi?). The advantage of persisting is the prospect of discovery which could be a game changer in the case. Does anyone know how/when this is instigated?

There has never been a mention of the MOU on the Baker Hughes website...

Mills: indeed. That is erazzel's point!

Isn't the next thing in California going to be a hearing on the sanctions?

Moosematics: thanks for sharing the results of all your digging.
Do the linkedin profiles look as if they're active; eg recent sharing of news etc? (Sorry am manic at work or would look myself).

This Dopey Hope thing gets right on my tits.
Whilst he is clearly a low life with no morals (imo); he has proved himself to be anything but dopey.
Moreover he is going to be walking away with $30m a few years after a $4m investment unless we happen to pull the court case out of the bag So he is very unlikely to be poor either.
Rant over!