Member Info for road2ruin

Orangepips, I’m with you although my money is on a little higher at 15m

This time next year Rodders......

It’d put a lot of us out of our misery!!

Hoping so, there are a lot of us desperate to get out of this share and there will be a stampede once it reaches an acceptable level. Won't be holding my breath though, there have been a lot of false starts with this lot.

Please remember this is BOIL. I fully expect us to hit a huge oil reserve and whilst our partners price will go through the roof, BOIL will drop to about 0.15p :)

Always the way with BOIL, good news = price drop, bad news = price drop, big buys = price drop. Colter could be a massive oil find yet BOIL would still find a way of having the price drop.

Only this type of thing...

Primary Target hit

Cuttings saturated with hydrocarbons removed to shore facility

WICK gusher

I'll reserve judgement, held this share for far too long to get excited.....

Having had a quick look at Twitter this afternoon I came across this....

Residual Reservoir Hydrocarbons

....when drilling through the pay zone, in the event that oil is encountered, it is anticipated that the drill cuttings may contain residues of reservoir hydrocarbons........

After further consideration, FWM is committed to containing these cuttings subjet to oil shows being recorded through reservoir objectives. These cuttings would be skipped and shipped to shore for appropriate treatment and
disposal. However, if no oil shows are encountered, these cuttings will be discharged to sea, as per the non-reservoir well sections.

So Wick drill will be transported to shore IF they contain hydrocarbons as opposed to discharged into the sea if they don't. FS Carrick left rigside for Peterhead overnight....

Given the drill schedule means the target depth shouldn't be far off, news imminent or just reading too much into something boring?

I’m still sat on an average of 1.8p back from the Gold Oil days. Until I see a share price north of 1p with my own eyes I won’t get excited.....

That’d be nice, I still need a hefty rise to reach the break even point! 🙂

I’d all but given up on this share, sat here at 1.8p so still a long way to go but finally a glimmer of hope....

The latest update from the FOS isn't the greatest and I don't know why I'm suprised! Essentially II sent the Stock Powers and account statements to the US transfer agent however USPS have lost the package. They (USPS) have launched an internal investigation into this however it means that II now can't do anything until that investigation is complete. If the documents are not found then they have to be reissued which will take both time and money..... See you in 2019......

LS, I fear you are correct however II have wound me up so as much as anything this is just something to keep them busy!!

To update, the FSO have just called me and they have made contact with II. Apparently II were surprised to receive the communication from the FSO as they'd assumed that they'd dealt with my complaint and there was nothing more they were supposed to have done. Anyway, it appears to boil down to the fact that they don't have a Medallion Guarantee which has caused the issues with this stock. One of their international partners now has this so they feel that by January 2018 they will be in a position to trade......just the 7 months to wait then! The FSO have asked them to provide them with other options that would allow me to get the share certificate and go elsewhere along with a timeline for both options etc etc. Fair play to the FSO, I'm not a huge shareholder, I don't have any financial clout particularly however they've dealt with my complaint in a very timely manor and are continuing to do so.

Hi Clem Speak to Daniel Spencer at the FOS, he's dealing with my complaint and it'll probably strengthen mine if he receives another issue along similar lines!! Number: 020 3487 2578 Email@ daniel.spencer@financial-ombudsman.org.uk

So, I've just had a call from the FOS and they have agreed to look into my case. I have sent over detailed information and they will be in contact with II this week to try and get a more detailed answer as to what is being done and when it will be done by. At the very least they'll find it harder to fob those guys off than they have myself!!

No idea what good it'll do but I've raised a complaint against II with the FOS. Having had numerous emails with Rico Portaro at Empire Stock Transfer Inc. and Jim Parslow at XBIO it's my final throw of the dice to see if I can get the process moving.

I have sent an email to Rico @ Empire Stock Transfer detailing the issues I am having with II and waiting to see if he can suggest anything. Having spoken to II again they have said that I cannot get a paper copy of my share certificate as it is 'being held in residuals'. I know that this share may never materialise any profit however it's the principle of being told that I cannot do anything and being given no timescale as to whether anything will ever be done.

Just to add, this would all be very well if I had a copy of my share certificate however I don't and II cannot provide me with one!!

So I had an email from XBio's CFO, James Parslow.... In order to trade on Nasdaq, you will need to dematerialize your shares. To do so, you will need to complete a DRS Account Application attached with this e-mail, have it notarized and send it to our transfer agent. You will need to include your original share certificate, a cover letter, a copy of your government issued ID and $55 in fees. The transfer agent contact information is as follows: Rico Portaro Empire Stock Transfer, Inc. 1859 Whitney Mesa Dr. Henderson, NV 89014 rico@empirestock.com P: 702-818-5898 F: 702-974-1444 www.empirestock.com The form must be notarized. There are companies who provide online notary services. www.notarycam.com I have absolutely no idea what this means although the implication is that II will never allow me to trade through them.