RE: 28 Days to show Solvency - Correct?8 Jun 2019 10:20
Only good thing to come out of this case is that hope has resigned. Now we have to do what we should have done is pay the creditors. Once this is done we should have no more obstacles, over to Caymans now and show our hand.
All comes down now to showing we are solvent. Surely Zaza can come out now and say something, we know we ain't going to win anything in regards to the fiduciary. Just need a statement saying we have strong revenues stream, loans in place etc.
Punter, so we got a few shots at it, would be nice to get it the first time round. would save bloody time and money, also would be less stressful for shareholders.
Turkey, I would guess to divert blame from FRR to Hope. Make it look like it was hopes fault but in reality it was all about the brown envelopes. Zaza is a winner, Georgian government is a winner, hope gets his loan notes plus extra so is a winner, shareholders get nothing! Just playing devils advocate, really hoping all of us are winners because we deserve it.
Dave that wouldn't surprise me. Really hope you are wrong though otherwise we have all been completely shafted! not long to go now to find out, hopefully will have some news in the morning. Can't believe its been nearly 5 Months since being delisted!!
Thank you Taffy for sharing all the information. Great response from our lawyers, if the judge cant see what Hope is doing then I am guessing he has been paid too!
Thanks ODR, missed that post. Come on Zaza give us all the news we have been waiting for, golden tickets, Christmas presents, burning shorts, BP, exxon, we don't ask for much!
fair play to you rainbow, nothing more annoying than the shorters posting their crap on this board. So when do we find out about the solvency. Is it make or break time today?
RE: MadP - Oil figures and the loan24 May 2019 13:00
Aussie, I will be really pissed off if we lose everything. I know it will be down to corruption nothing else. Zaza and SN will get paid regardless, if not by asset sale (shareholders will also/should benefit) then definitely by the Georgian government (shareholders will get nothing)!
RE: MadP - Oil figures and the loan24 May 2019 12:00
Pay the guy his 30million and get rid of him, we can sue hopes ass after without bloody risking the assets. I think they wanted to use the 30million as part of a negotiation so they didn't have to pay it but hope was too clever for Zaza/SN and wasn't bending over for them.lol Only now will we find out if Zaza has been telling the truth about new finance.
Really quiet in here today and we have had no contact from directors for 5 months, very depressing. I guess we are all waiting for the 6th June to see which way the judge is going to go with the injunction. I will be setting up another group if this doesn't go our way.. FSHRG...Frontera Shareholders Revenge Group. Recruiting young individuals who have lost everything, have hit rock bottom and don't give a shit about the law anymore.lol
If it is 5% of royalty, surely it should only be from the drills we have done to date? If we are pumping more money into future wells then shouldn't they cough up 5% of costs. Thieving bastrds!