Member Info for Phil_2018

Thanks Coggy, have filtered Saucysausage now, I didn't notice that I could filter him out lol. Not sure why someone would want to waste time with silly messages like that, seems bizarre.

Anyway, good to see you have returned Coggy, looks like this TNX thing SN is doing is really worth looking into. I am sure that he is using the field data, etc from Frontera and if so we could have a big claim against him. I can't see why else the GOGC/GG would bother with him given his track record with them and the grievances they seemed to have with him.

Any assistance you can give in seeing what you can turf up along the way would be greatly appreciated :)

Saucysausage, you mean ZM was stealing oil and selling in from non-existent wells and they had a whole court case over it lol. I think not.

The existence of those exploration wells is wells known about and concern about environmental damage at one point from oil leaks.

Why are you so concerned with having a dig at people on here and trying to rubbish everything? My guess would be that you have a vested interest against us, we wouldn't have any way of knowing that you might be SN himself 🤔

Kippermanbike, I look at the article before but you posting it up again made me skim over a bit more harder this time. I say skim over as a lot of it is what we have heard of before, however perhaps a couple of interesting bits:

"In November last year, Georgia’s State Oil and Gas Agency put out a tender for oil and gas exploitation at Block XII, Frontera’s old site, but did not report if the tender had been successful."

So that would be November 2024, I think at the time Frontera was already facing liquidation in court, etc so it didn't look likely that Frontera would be in a position to tender for it. Potentially SN may have set up TNX as a separate legal entity to tender for it instead. I think it was reported that the GOGC/GG had pulled the tendering process later. I think it was assumed/taken that the GOGC/GG were just going to take/develop the oil field etc themselves in the meanwhile.

What if SN/TNX had come to an agreement with the GOGC/GG at that point and TNX given the tender/contract. The article mentions complex oil fields and substantive field data to get it out. So theoretically SN could have that substantive field data so thereby eliminating the tender competition as he would be light years of expensive exploration data away from them. The GOGC/GG want to get the oil & gas money as quick as they can not sit through another 10-20 years of exploring & gathering data again. So the complex nature of the oil field could have played massively into SN's hands. The GOGC/GG could have issued the stuff about pulling the tender and running the field themselves (which as I understand it they don't usually do/is unusual) to cover up that they were giving it to SN/TNX as SN had probably said to the GOGC/GG that he didn't wish for it to be known that he had started up another company (TNX) that now had oil field as Frontera still existed and that is who the data really belonged too, existing oil wells, etc and if course whatever deal was cut between them.

Interestingly November 2024 was the last time we know of to date that SN paid lobbying money to the US Government, which would seem strange as Frontera was already heading towards liquidation by then. I forget when Frontera had come to the end of the contract on the field but it must have been by then as the GOGC/GG were already putting out the site for tender in November 2024. So the point of SN lobbying for a company whose site contract has expired and was facing liquidation? Lol. Or unless it was for his TNX activities which might have already existed then.

To me it looks like these reporters have potentially gotten a fair bit of new information on their hands. We wouldn't have known about TNX without them, so good on them :)

Yeah it's easy to get the letters out of order lol. Don't know what TNX stands for if anything. Google AI says it means 'Thanks' an abbreviation. Maybe that's a p*ss take by SN at us who knows lol.

Anyway, just wanted to say that I think that it's important to really the troops here on this one. I don't have a Premium account so can't message anyone, probably to their relief 😄 But if anyone does and can contact the regulars that used to post here who probably lost hope to let them know about TNX and the game that looks like it is playing out that would be great. We need all hands on deck to get sleuthing on this TNX one as many hands make light work and some may have better sleuthing skills than me. Coggy & Ziggyzag are two names that come to mind and some guy with a Welsh post code as a username I think, not sure as the others, maybe B-2O or something like that.

I think we all need to be aware that even though Frontera looks like it will be liquidated it doesn't mean that there isn't a claim here that we may be able to make. The FCA suggestion by Sat is a good one if we can show that SN is doing a dodgy on us with TNX if that is what is happening. So we need more information on TNX and I am sure it will come up over the coming weeks & months so the more eyes we have out there looking and searching regularly on TNX the more chance we have of uncovering important information I think. So potentially there may be all still to play for here.

That's definitely a good idea with the FCA if something firm comes up with the TNX situation as it looks like a dodgy could be going on where SN is taking what was valuable (the field data) from Frontera without it being properly valued & sold off and taking it to TXN. Basically offloading shareholders from their rightful share of the spoils and dumping a debt ladened company for one that isn't. Thus, Frontera just being used for the expensive task of funding the exploration, the hard expensive part and then ditched once it was found out where the oil was (field data) with all the liability from that expensive exploration work and TNX then created without that liability of all the cost of that exploration work to reap all the profit side of it.

To my mind that is a clear fraudulent activity and manipulation of a stock market company. We just need proof of it and let's face it SN isn't going to be able to make a go of TNX unless he is bringing something else to the table with a deal with the GOGC/GG other than himself - I assume the field data will be present unless there is something else.

Essentially there is already the NOMAD we had quitting way back which was suspect and I don't believe never fully explained. Then all the goings on after that with moving the asset around, etc. This is something else but I think if it looks like SN is trying to clearly do Shareholders out of it by gaming the situation they could step in. After all we deserve money for our investment if it's stuff he is using from Frontera. I don't think we should be too passive in that and lay down and let it happen without recompense.

Thanks Sat for your efforts, any effort with regards to asking about TXN is appreciated. I know I said a long while ago about my fear that SN might start a separate company up when the liquidation process started off and try to make off with the spoils and that would be fraud. Possibly it looks like TXN might be a restructured/rebranded part of Frontera - the part that we thought might be left dormant maybe? Difficult to know as aside from news reports which might not be absolutely accurate we don't really know where this private company TXN exists, other than it has it's address down as Houston the same as Frontera used to. Possibly there is always the off chance that it might not be an actual existing company at least not yet but merely just a website with the claim that it's a company but nothing really happening. I don't know where we can check in the US, Georgia or elsewhere for existing private companies? Possibly asking the liquidator if they know anything about TXN at all?

I have my shares with the Halifax and they are still showing in my account there. I'll probably screensave again there soon. I've done it before but an up to date screensave could be a good idea. My guess is that they will be wipe when the liquidation goes through unless there is something to this TNX thing. Probably/hopefully Halifax will retain records of my once shareholding there anyway. I get the impression that something is really going on with TXN/SN and the GOGC/GG. It's really corrupt out there in Georgia so SN may be cutting a deal that is lucrative to himself and some GOGC/GG officials. I think we are all know that there is gold in them hills and greed will be taking hold of some to grab what they can. From what I see online SN is at least 65/66 years old so I don't know why he would want to do others out of their rightful share at that age if that is what it is going on here. It wouldn't be as if he would have much time to do a lot with hoardes of money anyway. Anyway I think there is a potential way forward on this now as I outlined below. The GG/GOGC as corrupt as they are I don't think would be bothering with SN(TNX) unless he really had something in relation to the former Frontera fields or him going on about the former Frontera fields/investment unless there is something to it. Keep up the good work and keep on sleuthing 😉

...watered down a lot. So it wouldn't necessarily cost SN/TNX a lot, we would get some money back and he would be free of possible claims in the future from Frontera shareholders. New investors might be more reassured if old investors have not been left dumped with grievances. So helping investor confidence and more chance of SN raising the needed money.

In theory if SN is after $100 million then any share holding of our brought across would probably be waye

Indeed tsbs, unless SN is still to tell us that the share registry is being transferred across as he should do.

To me it looks like TXN is taking off where Frontera finished. If it really is the same fields as these articles tend to suggest then that is telling me that SN has something of worth from the Frontera days beyond what any other oil & gas company can offer on those fields as otherwise I doubt the GOGC/GG would bother with him. They would get a lot bigger already existing and set up company in for a deal on those fields. As the GOGC/GG ended up taking back control of those fields due to Frontera's contract expiring the GOGC/GG would then have a strong hand getting almost whatever deal they wanted with a new company. They wouldn't need to bother with SN unless SN had something big over and above what other oil & gas companies had, field data perhaps 🤔. That data could take many years and much expense to collect as it did for Frontera. Unless there is something else of course.

Where are the others that used to post here, Coggy, Ziggyzag, etc. Probably given up hope I guess as I had done, however this TXN situation is worth looking into I think. I sense that something is going on here, it's playing on my mind that something is happening, there's bits we don't know about that we need to find out about and could be beneficial to us finding out about them.

Interesting X feed:

https://x.com/i/status/1964883504681861168

You know they say you have to have a dream for a dream to come true.

An interesting article about old Frontera stuff here but possibly throwing some new light on what happened along with most we already knew about:

https://bm.ge/en/news/the-former-president-of-frontera-is-accused-by-the-founder-of-the-company-of-stealing-oil/76390?__cf_chl_tk=MrJyIB_o062zrTdCIdD9B9N1MbyU088hhxNCo1flt7Q-1769062195-1.0.1.1-uvxyLnUW1GpN39NkduPjqmic8rbRc4jJjYkeCZtkfBU

Apparently ZM was wiring Frontera money to himself claiming it was his salary lol.

I always wonder about Luis Giusti, on the BoD of Frontera. There never seemed to be much about him, our infamous Looed perhaps? 🤔

Perhaps he has a deal with the GOGC/GG with Frontera's former Oil & Gas fields Njames. Wouldn't be much point having an Oil & Gas company (TXN) if nothing is going on, unless he prefers to live in a lets pretend world lol.

I would guess that perhaps he has the field data, expertise, connections both in Georgia and in the Oil industry needed to get something done there and the GOGC/GG are ready to do business with him or otherwise why be there?

It sounds like he has done deal already lined up in the pipeline which may be ongoing at the moment.

Lifeishard, according to this report 'we are' TNX lol:

https://reporter.london/?p=1526

Apparently this report reckons that Frontera has just been rebranded TNX. So has Frontera been restructured and is the same company so we have shares in it?

Probably my wishful thinking and possibly the reporter not quite realising the situation, who knows.

Apparently the report states that TNX is using the same photos of Frontera's Oil fields and is going to invest around $100 million. How that all comes about I don't know lol.

The process if anyone is still in any doubt is that the company will be liquidated, end off. Nothing really more to say on that one, it's not like you need a guide to take you on that last riveting journey.

I know if I had around £100k investment here I would at least want to speak to a solicitor about what went down and the current standing of things. Asking the general public on a pubic forum whoever they pertain to be is just ridiculous with that kind of investment. Who knows maybe an actual real life professional might have a worthwhile insight into the matter.

Funny that you feel the need to go back a whole year to my posts to debunk what I am saying here Looed, even though I did not mention you here. I wonder what your interest is here.

I remember on numerous occasions we have had the so called unofficial indirect messages from the company to ourselves. Always that everything was progressing and that we just need to sit tight. Yet here we are, as I predicted doing as told sitting waiting in the closet in the dark waiting for the still as yet return of those who told us to wait that all is ok. That they have in fact buggered off with us still waiting like fools only to date open the door when it is too late to find out that we have been had, that the company is being liquidated and SN looks like he has used the time we were told to sit tight to pull a fast one on us and start up a new company which I think we can all guess will get a lucrative contract to develop the field Fronters had less Frontera's debts and investors, i.e us Shareholders.

I think many of us have wondered over the years exactly who you are and where you are really at on all of this. Your main concern at present seemingly to be to update us on the company's liquidation timetable, how wonderful for us to know, not that it's any good to us.

Yes, on a purely logical basis it's not worth my while to put a great amount of time & effort into a share that I don't have a huge amount of money invested. I have to look at it on a chance if success against money invested basis. I'm not retired. I am not sure why sone in here went to all the bother to put a fund together to hire an interpreter to find out what was happening but now don't want to bother going to a solicitor to try and see if anything can be done. It's up to them but if I had a log of money invested here it would be what I would want to do to see what the options are if any. To me this company doesn't seem to have been run right, the nomad quitting, actions of SN & ZM. Then this new company, TXN that I wouldn't mind betting may be inappropriately using field data, or other stuff, or come to use stuff belonging to Frontera for the advantage of TXN/SN without shareholders here being properly remunerated. It seems like characters like SN are up to shady stuff all the time so I would bet money on it.

Saucysausage, I wouldn't take anything for granted, the liquidators might just be repeating what SN told them. If I had a lot of money invested in Frontera I would be contacting a lawyer that has knowledge of the oil industry/deals in that field and find out what they think. Let them know that SN has started a new company TNX and that it's suspected that the oil field data may be used by him, see what they think.

I'm pretty certain that something shady is going on here and finding out what could be a foot and where we stand could help us a lot. You could be surprised what a lawyer in this field could tell you and it might just be very valuable information that could change our fortune's here.

To date I don't think anyone has engaged a lawyer who deals with this field despite some people here investing £100k or more. That's ludicrous, for what would be very small money in comparison a lawyer in this field could tell you a lot rather than stand by and watch SN get away with it with idle talk when we might actually be given a way of getting a return on our investment here.

Thinking rather than Sleuthing is my area of expertise 😁

Speaking of which I am not so sure that the GOGC/GG have the data on the field. If they did by now we probably would have heard about them getting the field developed themselves.

I think they have probably been using the existing wells and those wells as I understand it belongs to Frontera even if the oil coming out of it now longer does. I am guessing the cost of those oil wells is quite a bit in itself.

My guess is that SN has the field data, he would be silly not to have it. I don't know if anyone is involved in that field data with him.

I still suspect that he can't go forward with any deal between the GOGC/GG and himself/TNX until Frontera is liquidated since Frontera legally owns the field data so would be even more dodgy if found out while Frontera was theoretically still in business.

Just imagine if Frontera was still in business and TNX was found out using the field data from Frontera, imagine the claim from Frontera possible on that one!

OneDayRodney, essentially we do like we did with Frontera, we collect any new info arising on TNX that we can and see what that turns up. At the moment there is no big game plan beyond that, but it can be surprisingly what you can find out as it was with Frontera.

Information is the key to everything, who knows what may come out of the woodwork and in what way. So we can't determine what we can do with what we find out if anything until that time. I think though that it can be surprising what actions might be possible on information gleaned. After all we have been done over here and our interests not protected as they should have been by the BoD.

Unless of course we are all still expecting SN to be nice and come good for us 🙄

Lifeishard, are you willing to let SN walk off with the field data to TXN?

If he tries to do that we should have a good claim as it belongs to Frontera. When all sorts was happening to Frontera over the years on here posters sat up and we're interested in what was really happening. The same should be true for TXN as it's really Frontera under a new name and entity if the field data gets transferred.

Some on here have invested way more than me, vast sums so have reason to be interested in this TXN situation I think.

Other thought that's come to mind if not his own money that he is investing in TXN possibly there is money from the Trust Fund that VN is after. Whether there are any other shareholders who knows 🤷