Member Info for partridge

Reggie darling, you need to stay awake. The news about the court proceedings and the diminished JV may drop any minute. Has the company said everything is OK. No. They have issued a warning that it is going to change. It will not be for the better. Read the tea leaves. A large shareholder has sold at 2.5p. They see that as a good deal. What have they been told about the prospects at RGM?

Mr Parsons is a paragon of correctness. Rules are rules where he is concerned. Not one for turning. Unless someone tells him they are selling shares in RGM. Then a lock in is not a lock in. Oh, that is until the large shareholders have sold the shares they wanted to sell. Then the lock in is a lock in again. Kaintz and Parsons are well suited. Trust is a four letter word to them. Small shareholders should be worried here. The manipulation has not yet begun.

The 14th February 2020 is the date when the exclusivity deal ends. It has never been touted as the day on which a deal will be announced.

RGM should sell the stake in Curzon, but Curzon shares are worthless and cannot be sold. They are only going one way.

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If some guy on Twitter believes I am the person who bought shares in Nuog as posted in the TR-1 then he must be desperate to keep the ramp going. I think it brings everything he might say into disrepute. Steer clear. There is no reason to buy these shares. Lemming mentality. My post which is referenced by him was meant to be sarcastic. I overestimated the intelligence of the average poster on lse.

Half of the companies shares changed hands today and the share price has only managed to rise from 0.05p to 0.06p. Everyone who had shares to sell at a profit from the two cash raises in October and January has sold. Tomorrow there will be a dearth of interest. The next cash raise will not be kind to those who bought today.

Ouch! That stings. Some people obviously believe the hype and have stayed in. For those looking to see if there is any substance in Nuog, I say run for the hills. There are people here who need your money to recoup theirs. Waste your time reading my posting history rather than waste your money buying Nuog shares.

Are you in? The world is your ointment. New management. C4 Energy. Is this a ramp or is this a ramp. Rumours linked for days preceeding. Interesting timing. Three 3%+ TR-1 received yesterday and posted today. One 6%+ TR-1 received six days ago and posted today. What's that about? Some of the people involved are linked to Novum Securites. You'll find that name at the bottom of a Nuog RNS. Especially when raising money. Nuog will need to raise cash. Cash for shares.

In October 2019 Nuog raised £500,000 by placing 1,000,000,000 shares at 0.05p. I wonder if any of those shares were sold today.
In January 2020 Nuog raised £420,000 by issuing 800,000,000 shares at 0.0525p. Those shares came with 110,000,000 warrants at 0.0525p. How many of those shares were sold today?

What has happened today is that many placing shares have been transferred into the hands of small shareholders at a profit to those who took part in the cash raises. Nuog needs more money and will issue more shares in the near future. More placing shares which can be offloaded onto the small shareholder. The share price can only go lower.

It is noticeable that there are a series of large delayed sells. Some investors don't appear to realise 2.5p is the new baseline. 7,000,000 of those babies to sell. And when those are sold there will be another 20,000,000 available. A wobbly lock in. With the need for cash on the horizon, 2.5p might be a good selling price. Follow the lead of the major shareholders.

Heavy selling of Coro shares in last few days.But why?

Interestingly, Coro has sold its Italian assets to Zenith, ostensibly for £3.9 million, but in reality for £2.9 million of dubious Zenith shares.
The failure of the Bula acquisition at a cost of $250,000 followed.
And yesterday, shareholders were informed the Duyung deal hasn't been confirmed and a June 2020 long stop extension is in place and the deal has not been done. The company might end up with shares in the asset holder and not the asset itself.

It appears Coro, at present, has little in the way of assets. It appears to be little more than a shell company paying high salaries, issuing numerous options to directors and paying extortionate interest on bonds linked to members of the BOD. An utter mess.

I think the technology exists. It is called the filter button. Then he would not have to issue his childish , bullying remarks ad nauseam in reply to poor Mr M.

What you need is a fag packet. It's all written on the back of it. Do you not understand that the new black is tax losses. Yes! The more losses a company can make the higher the value of that company becomes. It is a tried and tested business model. Years of grinding down shareholders has its perks. Nuog is a prime mover. Down to a fine art. It could be worth billions. I'm onboard. After selling hot air and rumour can we give tripe a go. Exciting times.

Looking at the interim report and the annual report for Caspian, one thing never changes. The "revenue" figure always matches the "cost of sales" figure. $4,368,000 in the interim and $10,747,000 in the annual figures. Strange. No improvement in productivity and no improvement to the bottom line inspite of better prices for each barrel sold. What's happening? There is a lot of verbosity in each report from Caspian but no benefit for the small shareholder. Long will it continue. A company run for the few.

Loving the rumours. I hope it is two more shareholders of C4 Energy that are being parachuted in. That would make a four for bridge. £150,000 in salaries for the first two titans since October. Same for the new people please. Throw in some options and get that RSU machine warmed up. That last cash raise has dwindled. I suggest a new cash raise to keep the lights on. Exciting times.

Can you sell your 2.5p shares today? Someone can. No TR-1. Who did that 8.7% of the company shares go to? It will be you if you are not careful. Don't let yourself be manipulated.

" our operational team believes the well would benefit from acid treatment". Acid treatment is a gamble. Could go either way.

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The management at Coro appear to be not quite the Masters of the Universe they lead us to believe they are. Is this the second "deal" to go belly up in a week. They usually award options for such performance. Whether there is a major seller or not is of no consequence. These shares are fast becoming worthless. Unless you are part of the BOD. RSU's at the ready. Salary increase. Why?

The need to sell RGM shares is worrying. Large shareholders who have first hand knowledge of the company have decided to sell. And that is after a month. A short honeymoon period. First RRR sold 2.73% of the company shares in 2 x 1,000,000 tranches. This has been followed by YA PN II Ltd and Riverfort Global Capital selling 7,789,091 shares or 8.7% of the company shares. A lock in on both these companies selling further shares has been imposed, at least until the end of March 2020. What is happening to spook these companies who have a first hand knowledge of what is happening at RGM? The 7,789,091 shares were sold at 2.5p. They were valued at 2.75p when the reorganisation took place. The owners of these shares forced the company to overturn a lock in of barely a month old. It saw RRR, a company with links to RGM Scott Kaintz, selling shares in RGM and didn't like the message. Who can blame them. Both these sellers would want to sell more RGM shares and that is why there is a lock in.

What news Mambare? Well in December the company said: "the partner had already initiated legal proceedings against the Company". Now we are told: "Discussions are underway between the partners regarding the budgeting and funding of the Mambare project". And that RGM should explore : " various alternative JV structures, including a re-framed JV arrangement". News is awaited. A much reduced share of the JV or a large cash injection? Either way money needs to be raised. Are rats and sinking ships appropriate? These shares need to be pumped. Don't let them be dumped on you.

Sorry for the mistake. That makes the whole farce worse. It appears acceptable for the large shareholders to sell 7,789,091 shares at 2.5p ( confirmed). Shows what value they place on the future of RGM. The buyers of the 2.5p shares want an advantage over small shareholders who could buy RGM shares at 2.75p last week. No identity of the buyers given. No one will realise when they sell into the market. The people who bought at 2.5p yesterday can now sell their placing shares they bought only among ago at 2.75p. And they will. A new base, 2.5p, has been set for the value of these shares. It also shows that the hard and fast lock in is as loose as the proverbial tongue when it suits Mr Parsons. When there are lock in clauses it indicates people want to sell. The RRR lock in is laughable. The warning signs are there to see. Something isn't right

Last time there was a pump of this nature there was a placing the following week.