Member Info for pyrotech

HMMM
50K 2019
200k 2018
50k 2017
nothing 2016 and 2015

Lobbying for what thou, to ensure Georgia complies with FRR or was there something else

Lack of communication ! Radio silence!
What do you expect? We are in a legal battle where actions and communications are at the forefront.
Its communications, board meetings, RNS, Emails, paper work and phone calls that will highlight the direction that a court will go in a final hearing.
Anything said now could be twisted in the future to cause trouble so the only way forward is to shut up completely.
That is what any good lawyer would tell us

Remember also that many things are out of zaza and SN hands. Is a loan coming still? Who from? Well if they stated something it could go very much against them if it failed to happen. It could cause friction between anyone we have any partnership with. It could give the Hope team information that changes the way they pursue us.

This needs patience
I have no idea how this will pan out, i am still confident and i have alot of cash that i would miss, so yes i am biased.
I truly believe this was the only course of action, i believe it was 100% that we lose if Hope had his way so we have taken the court route which makes it a 50/50.
Now which way that 50/50 moves depends on evidence and actual law and thats it. I suggest that when Zaza looked at options he and the lawyers believe the law will see it in our favour eventually. However, the law sometimes gets it very wrong. Its cross fingers time
reminder thou, the longs here are fully aware how much they look to lose, that money for me left my bank years ago and is currently untouchable. However its the max i can lose.
Shorters :- now thats a very different story - How much could they lose ? How long is a piece of string. Thats why although i do not want to lose my cash, i can still sleep at night.
Dulwichman - glad to hear your recovering and hope to see you at a FRR meet in future.

I had some crazy person try to link to me as acting CEO of BHGE
I did some checking whilst chatting and they could at least have used name of someone that worked at BHGE

Anyway i tried to see what false info they woud give, but they were trying to play it clever. I got my wife to continue the chat as i was busy monitoring severe weather in TX and OK in USA.

So just be careful on here and other social media outlets where fake profiles are being used to attempt to give false information and probably cause negativity.
Why? I have no idea as it makes no diference to SP or out come of the case, what will be, will be.

Yes i hope the team put together - Devex etc will forward info in case they are not aware

FREESCOT I am same as you, too much in here to lose, but my hands are tied.
I too ramped this as i believed that the oil and gas was there, i suggest it is and that my " you do not fight over an empty box " was correct.
I worked on the geology and sucess of drilling production and CPR. I knew cash flow was an issue, but that the above and any deal with majors would fix it.
We saw the deals start to form with Baker Hughes. We knew of another and i always said this was 2,16.
I knew that we had some strange share dealing going on for over a year prior.

I took my eye off the ball, With Steven Hope. I actually believed maybe this parasite was happy to receive the increase in value he would get if the company made good progress. I had no idea that this fox in the hen house would be a greedy little pig wanting all and not caring who he hurts to get it.
No morals, no right or wrong, no fullfilling his duty as a director and so sneaky.

So all i can do now is keep positive as i can do nothing to change what happens. I have crossed all my fingers. I have no idea how strong a position Frr are in, if they have a plan B and C ?
Could SN fail and lose a valuable asset on the 11th hour again? Surely not? You would have to question what is going on if this did end up back with Georgia. After losing years ago, where did he get al the money to start again in Georgia. Well if we lose this i would want investigation into SN and if he gets a back hander from a Country to hand a asset back when proved by losing it in a Court from Shareholders. Is that what Atlantic Council want? Use private investment funding to prove up Eastern Block Countries resources, then give them back the resource with deals then in place for USA in regards to military bases etc. Its almost unthinkable but in this world anything is possible.

I hope we retain our assets in FRR but if we do not i think we need to turn over every stone to uncover the truth here.
GLA - and well done to those who found the connections which seem to tie the hangmans knot for Mr Hope. These i hope will be the kind of things a Jury would find hard to swallow and assist us in winning against the predators

Paying off in full should be allowed.
If your morgage company took you to court for repossesion, then paying all owed would stop the repossesion.
Paying off morgage in full would definitely stop it.

With this, i feel paying off would need to include legal costs.

What i feel hope is doing is, attacking intergity and assets of company, removing directors and initiating fire sale, so that it stops the loan from completing. If Hope can continue to disrupt FRR, then we will not secure loan to clear this hurdle. Its a shrewd move that seems to show he has not taken his eye off the prize. Repayment in full is not enough for this greedy little man.This has been an orchestrated plan with nothing less than all of FRR being the goal.

He is also trying to end the process prior to trial, is that desperation?
He is certainly (or his legal team) more dirty, clever and sneaky than we gave him credit for

many asked why we delisted, why the nomad shut up shop on us?

Mr. Hope used his insider position to specifically and intentionally interfere with potential replacement lending and took steps to cause Plaintiffs to become de-listed from the LSE. Plaintiffs were damaged as a result of these actions.

This took away the chance for FRR to get funds via a placing including using a special resolution to create funds to pay off OMF

I am not an expert but the arguments FRR put forward are rather strong.
1. Maintaining status quo - this means asset still there, allows court to decide rather than Hope force all before a hearing takes place. They also cite previous cases where granted.

2. Evidence historically shows intentions and unethical acts by hope, 2013. It also shows his failure of duties as a director.

The safe bet for a Judge is to put it on hold, that option is the only one that allows a fair trial to take place, without risk to either party.
There is also references to documents about evidence which we are not privy too.

This is a time of critical decision, i woud suggest the delay will be allowed to stop hope taking actions, but of course you never know with these Judges. Some are as corrupt as the defendant is and risk is always there.
I would like to see more about effect on shareholders and that they may lose from this before a trial.

I do think that FRR lawyers should have informed the court fully about Caymans but i am not a legal expert to fully understand if that is something they tried to hide, but think not as obvious that OMF would bring that up at some stage.

I thought FRR was a rollercoaster before 2018, i had not seen anything, i really can not keep up with the ups and downs , twist and turns in this legal fight.
It seems both sides are trying to out manouveur each other, the biggest risk for me is Hope only needs to get lucky once during the process to steal the asset before legal contest to stop him, where as FRR need to be lucky all the time to stop him.

Many thanks to those sharing the documents
Good luck all and have a good weekend

i am not being funny
But what your saying is when your dad thought these shares were worthless or almost worthless, he said hey son, here are some shares for you. They are not worth much so i do not want them anymore, you can have them. then you can pay the broker fees on those worthless shares.

Not exactly a gift then, more a burden.
May i also suggest, that as you are so sure these will never come back or will be next to worthless, why not sell them to a shorter who can use them to close a short at a hugely reduced price - which is better than nothing.

If not, you must believe that they will one day be worth something and all will be okay. In which case can i suggest you would be better off saying little until judgement day. Moaning daily will not make things happen any quicker.

Inherit2mill,
If i was representing FRR in this case, i would be giving advice on not saying anything at all during case.
That means case sensitive, market sensitive or insensitive - it can wait.

How many times have people said something that they saw no danger in saying, to find it comes back to bite them on the rear posterior.
The advice would be no messages, no emails , no communication at all.
Let this play out and the lawyers deal with the situation.

Everyone would moan like hell if FRR put out a statement that ended up losing a court case.

Any idea why your father gave you two million shares rather than the cash?

So some of you are saying if this gets listed again they will sell out ASAP

If this gets listed again it will be because production has increased dramatically.
Or a loan company likes the data enough to loan millions on it.

If this lists again then this is likely to become a very profitable share.

Mean while those with shorts on, will of course sell the seeds to others that the form horse is to sell as soon as relists. That would, they hope limit any quick rise or cause a short term drop so they can get out.

my advice
If this relists then buy more as it would have passed the final test, those selling will be shorters putting shares back in for cash and hopefully at a premium and they will worry about sell now or wait as the risk is huge for them.

If your long hold onto those shares if / when relist as what ever you sell for will be 100% better than you have now. If we survive i would expect a huge increase within 12 months.

I suspect Kickmuck and Mole pop in to have a read, but know little more than what is already said.
The info dripping from the court is all anyone has.
I suspect even Zaza does not know where judgement will fall, but hopefully has a plan to cover all eventualities.

The company must remain quiet whilst legal formalities continue as to give info could Jeopardise the case or assist Hope / OMF.

I am sure Mole will share what he can when he can, if info gets to him, however do not expect him to give sensitive info if he has received any if sharing it would cause us issues.
Its a case of no option but to wait, cross fingers and sniff info where we can.

If you do read this Mole, be nice if you could pop in and say can not share info but things are looking good with a plan, or not heard anything. If he does please do not start pushing for info as if Mole does have info he can not share, then pushing will not help our future.

A little break away in brazil refreshed me some what. I did keep popping in to see latest news on this rollercoaster.
If anything its become quite interesting watching the legal affairs that go on.

We have moved the asset, now if that is allowed or not in international law i am not sure. If the loan was secured on the company due to the assets of block 12 then can we legally move those assets elsewhere.? Georgian law seems to state we can.
Is hope aware of the fact that we lose and he loses if we pass the asset over. personally i would prefer the GG to get it all than the scum that tried to force the demise of Frontera and steal our money. That would easily be my second option although would do nothing for me financially.

Does anyone have any news on loans? do we have the money to pay Hope if the Judge does hold all against us?
If law decides we did breach the terms of the loan, do we have option 100% to pay instead in full, or over 12 months can any one clarify both are 100% true.

how sure with all this going on are we that we are in a good state of solvency?
I would expect BHGC to be making good progress by now, maybe increasing production dramatically, but with out listing we are completely in the dark. They may have gone and put a hold on proceedings until legal issues resolved, or they could have increased productivity by 100% Even possibly drilled two new wells.
This is a issue now, we have very little knowledge on where we are and state of finances.

Hope does seem to be winning the battle, but its like a nuclear, the winner is not the one that fires the first missiles, as the effects destroys both sides. Hope looks likely to not profit even if he wins as the asset can go to Georgian Govt.

This really sounds like two old men puffing their chests out and both knowing they need to settle or both lose, but playing the hard man game for the best deal. Who blinks first.
To be honest neither can afford Hope to win the asset, as both would face financial ruin. Hope knows this, So do FRR.

I would be happier if someone can clarify if moving asset would be legal as we have done, can it be reversed and will it be looked at badly in eyes of any future case? Is protecting our existence wrong whilst we wait for legalities, i would suspect its not and would be seen as sensible precaution.

So unless i am wrong, The courts can find for hope in full and due to law in Georgia, Hope would still lose all and probably his investment business would also then fold.
Hope's investors will want something for the money they invested, they are a small number so probably fairly influential Unless FRR offer something amicable to Hope, he has nothing to lose. So i think this is both side jostling for position around the financial deal table.
What a film this would make, Oil, Money, Greed, manipulation, legal wrangling, twists and turns, suspense and of course a villain to hate.

Developments today are interesting
I do not see an OOCS having been completed. That would most likely involve both parties settling and walking away with clean slate. Why would Hope, agree to a deal, where he could lose still and possible prison term?

However, if FRR were about to pay off Hope in full, removing him from the board, then i could see FRR then going to USA for full trial. So question is has the loan come thru, or have BP decided they want in and payed a fee to join us, perhaps even a loan.

This would allow FRR to go into Caymans Court today with full payment for Hope. At same time the pressure is ramped up with Hope getting news of USA case. Alongside this private entities involved with OMF, also hear that they may suddenly become envolved in a case that could smudge their reputation. Remember OMF has funds above $1m as investments. so those entities are fairly well off and probably prefer to remain in shadows.

This card played very late by FRR, means lawyers may be scrambling now to come to some agreement for OMF. They now have no chance of winning the asset with the debt payed, They can only draw or lose from here. This is a fanastic position for FRR to be in if true. The pressure on hope could explode into a frenzy of last minute deals. Maybe this would lead to the debt being reduced to the original cost that OMF payed for it. That deal would then be to remove the USA court threat.
I can not rule out 100% that this is a desperate move by FRR. We could be on our last legs and losing asset and as that happens we go for compensation due to Hope's actions. However this sounds less likely.
The timing was interesting, and fits that they upped the game, night before they go in to pay the loan off. These last minute changes are often what results in a deal being struck. The one party bringing an unexpected piece of evidence, or strategic move at the 11th hour.

The next few days will be very telling.
Often when i go away, something signifigant happens with one of my shares. Well i am off to Brazil 2nd May so that and following week may be interesting.
GLA

This is where a financial adviser would find this form to fill in.
Unlikely to be ever seen by the court with FRR

https://www.sec.gov/about/forms/formadv-part1a.pdf

Also does anyone expect snake Hope to fill in a form to remain a financial adviser, stating as he has to that currently a court case ongoing. Then state " which i have been a naughty boy and will lose"

It is possible, but unlikely that the authorities could suspend licence for his hedge fund whilst case is being heard.

That would be very good indeed
However its a something and nothing form, in relation to the ongoing court case and probably released by someone in the hope to cause anxiety with those who are trapped in the FRR shares and unable to trade.

You have to wonder if hope himself released this to public domain. However it means absolutely nothing

Guys
That form is nothing to do with court case
That is a annual form for Outrider to remain a financial adviser

In it they have to mention any criminal or other court issues
So Hope has to say about FRR, and to say he expects to win in court

Thats all that is. A continuation for being a financial lender

IMHO

What did troy say?

I think if i was Zaza and wanted evidence , i would offerthe 5m same way
At that time Zaza was also in the know about stranglehold Hope was applying.

Zaza was offering a quick fix loan to keep things going, if i was him i would want to make sure greedy hope would not take that 5m too

The 5m shows Zaza had belief of what we had and that over filled box

I think possibly was also to ensure those on payroll still got paid, something Zaza probably cared alot about where Hope never gave a stuff.

Zaza and team wanted a high safety record. I suspect a accident would have been what a crook like hope would be wanting as it would cause downtime and financial loss.

I think some are seeing the shepherd as the bad guy, where in fact its the wolf in sheeps clothing they should be worried about

For me, Hope needed the company do borrow more and more from Outrider. That would put us in a death spiral that would eventually put FRR and assets in his hands.
to do this Hope needed to block other loans that would enable the company to evolve and prosper. If we built production to a level where we could repay outrider the game would be over for Hope.
We could raise funds rather than loans. So Hope would need to stop this action.
To block it as a board member would be too obvious, so instead it would be in his interest to have the SP destroyed so that any fund raising would be at Massive dilution for very little funding.

So short selling was in his interest as it blocked that funding avenue, whilst as a board member he blocked loans.
I would suggest that Hope was passing info for selling to others, including YA Global who eventually had to own up or face regulationary enquiry. Prove that and we are really going well.
I would suggest that the deal between YA and FRR was to share the info about Hope and rid us of the fox in the hen house.

Zaza was indeed frustrated and angry about the short selling and i would suggest he was well aware of what was going on by the time he met us.
What could he do? tell us? that would prewarn mr Hope.

Zaza had to play along and let the teams gather evidence and dynamically risk assess the next moves formulating a plan that would remove the fox. This involved evidence and proof of Hope acting in an interest against FRR. At same time protecting the SP whilst this got investigated via courts and alongside this, a plan to pay off outrider if needed. They also needed business as usual.
So
They gathered evidence and lately suggested by judge we have a case, plus OOCS suggested by judge.
We protected SP with removal from market.
A plan to pay off outrider - the loan from US of A
Business as usual - lights are still on and before we went off Aim we heard BHGE were involved. I suggest we are probably in a better financial position than in 2018.
This box is so full you can not close it, that is why its the second time what we have is being fought over.
I can not say we will defo come out of the other side smiling, it has risk. However i am still very confident that Zaza and SN, along with a team have played a very good poker game here, it was all or bust situation so they had to sit at the table and play. Lucky for us it seems that SN and Zaza both held aces which gave two options of winning the game. If one did not work plan B comes in to clean up.
Hope and Outrider are the vultures who try to steal the assets from a company. They squeese the life out if they can. It means people like us finance a company then they take it away when stability is reached. ZAZA had to stop this from happening and in my opinion has done so. It's hard being left in the dark, but a necessity whilst this battle awaits conclusion.

Thats not exactly true about drill results
I understand your probably refering to latest results and those being under NDA.
However we have a result of wells running for ten years producing oil

OIL and Gas is still a sort after and valuable asset. Bloc are having results in our back yard.
Some will say how did Bloc do in 1 year what we took 20 years to do.

I think answer to that is the advances in tech that have evolved in the last few years.
Also i think FRR have cracked the nut that holds the resources making it easier for those following.

The only thing that matters for me is this Court case, If we get one of the following i think we will do very well:
1 Out right win in Court
2. OOCS with hope cut a drift
3 Loan that allows us to clear Outrider and again cut Hope adrift

If things go very wrong in court we may see end of FRR for shareholders but with 3 options, including a loan to cover if we go all way and lose ( paying court costs and hope/outrider in full)
Personally i feel fairly confident but believe this may take quite a while to come to conclusion

ian i was invested in MTV and like on here gave a truthful anaylysis

MTV did good talk but it became obvious to me that they were so slow getting their "disruptive technology" in to market that they were being left behind. Apps replaced hardware and when you look back at MTV you will see that they were issuing shares like confetti and issuing RNS that made people believe that a big name phone manufacturer was involved. These were not lies, just enough in the RNS to make those wanting it to work to read between lines and make assumptions.
I sold 90% of mine when on a trip to Brazil and straight after wards came on the forum and said i had sold and why.
I sold first rather than tell others first and make less on my sell

I find it very dificult to believe anyone would have any hope of getting money back from MTV. Unless of course they are taking private legal action.
FRR and MTV are very different companies.
You can not compare the two in any manner, One was Tech one was OIl and Gas
MTV had very little assets or future financial plan, the tech they had was 10 years behind. FRR have gas and oil that has value today and some future proofing too.

Comparing the companies or shareholders of the two companies is futile