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This is how shorts close positions guys.
Please learn about the markets before investing.
garyn - So why not state who the party is then?
Trellis - NUOG/SOUND is all happening to close together for it not to be related.
I think NUOG was a gift to them but I think this SOUND backdoor play has been planned for quite a while.
But no doubt mug PIs will just sit back and let them do it. They'll dangle another jar of unicorn poop for the idiots to coo and mull over.
No longer in AIM. apart from the last £10k I've written off in this dog.
Apart from the odd one or two, I don't think this could have happened to a nicer bunch.
After all the abuse I've suffered over the years? No way.
garyn - Marco Fumigalli is a financier from Lugano is Switzerland, very well connected and could raise that sort of money quite easily. It's what he does. He has a personal fortune in the 10s of millions.
As they are a undeclared private company, Sound have never made an announcement connecting the 2 entities and are not publicly listed, they are under no legal obligation to declare the information.
In 3 years , I've watch the chat go from
https://www.autotrader.co.uk/classified/advert/201910293797032?advertising-location=at_cars&radius=1500&make=LAMBORGHINI
to
https://www.autotrader.co.uk/classified/advert/201910203507532?advertising-location=at_cars&sort=relevance&make=NISSAN
Clock is ticking . Watch for the short reductions tonight. They've been running the algo to close for the last 3 days
Tick tok - S***t it's a bomb!!! Run!
C4 Energy Limited is a Private Limited company. i.e not listed.
https://beta.companieshouse.gov.uk/company/11558414
Wouldn't bother. They'll cite the 'commercial sensitivities rule' but that's nonsense as the company is private , so there is no market sensitivity.
They don't want to say who it is for a reason and I think we know who it is.
Kirk Parsons.
nothing suspicious about that, move along now.
tapper2 - Precisely.
Minto walked off with the jewels, leaving everyone else with empty worthless boxes.
Unfortunately, I think this was always the plan.
It was obvious last year that the Sound SP was a controlled explosion. They never really admitted to what they found and deemphasised the seismic data very quickly so people would forget.
C4 Energy Ltd, incorporated in September 2018.
In essence, they has $20m worth of seismic data and deal connections. They have something and they know it.
Piece by piece, take Sound Energy private and delist. 2022 new PRIVATE consortium will hit the jackpot using some 'new technique' .
Sorry investors, just the way things worked out.
James Parsons, Net worth at 50, £120m . Thanks idiots.
Pint of hemlock anyone?
Sound Energy give C4 Energy a bargain and then delist.
Low and behold C4 Energy Ltd hits the jackpot in Tendrara, armed with that $20m seismic mug investors load for.
So long and thanks for all the fish.
The buyer is the seller.
C4 Energy
If the buyer wasn't a suspicious as hell then they would have given the name. They haven't. It speaks volumes.
I'll expect JP to step down next week and become a NED and slowly fade away.
FFS Guys - It's C4 Energy Ltd. Any idiot can see that.
It's Parsons and Marco buying it cheap and paying themselves to do it.