Member Info for SunnyRain

https://m.youtube.com/?hl=en-GB&gl=GB#/watch?v=emrHIpzjANI

https://medium.com/insurge-intelligence/britain-s-secret-ties-to-governments-firms-facilitating-isis-oil-sales-210d21470e65

https://m.youtube.com/?hl=en-GB&gl=GB#/watch?v=nW-bFGzNMXw

Most had no faith with I.m.g . Negative feedbacks I had faith. Done well here Bontan

Bontan Des that's speciale , Merci mosieur ca va? That's special thank you how are you? Have not heard from in a while

Egyptian asset was that was sold and monies received previous rns announcements read that come on Right

T.B.C April 4th Worldview intends to approach Petroceltic and the interim examiner with a proposal to restructure the Senior Bank Facility, as part of a wider restructuring of Petroceltic's capital structure either pursuant to an( examinership scheme of arrangement or as a standalone restructuring) which, amongst other consequences, could lead to the potential conversion of a significant proportion of the outstanding debt into new ordinary shares in the capital of Petroceltic.

I expect that these events and announcements have not been understand by some Petition Places P.C.I under the protection of the courts.from obviously creditors W.v secure debt from senior banking facility Hence securing assets Restructure issue of ordinary shares to include debt.

T.b.c

Ok Frank

Affidavit by W.V refers to a cash balance in the group at an amount of thirty three million dollars??? Pourquoi??? W.V

Based on an independent expert's report, the court heard it is believed the companies have a viable future as a going concern subject to certain conditions including approval of a scheme of arrangement. The petition was returned to 4 April but Rossa Fanning BL, for Petroceltic, told the judge his side was not opposing examinership as they considered that in the interest of the companies.

Around 4m Euro was needed this week to meet salary and other payments Worldview had said it would make funds available for examinership and this application was ultimately for the benefit of the general body of creditors.

Hello how are you ?

Interim examiner appointed and protection of the courts so it begins.

Yes,

Midlands magnate no nothing I can't handle

Without prejudice. Maybe just maybe!!!!!!!!! all of these guys no names no liable do your research are just in this to con us all banks included who you bailout anyway. you would be shocked of level of fraud on the alternative investment market and beyond. UN f c kin believable most fifths time is. Talking to myself on here is really good therapy for me. Let my baby sleep. Simple as report saying here is oil in the ground this is how much there is. This is what's recoverable here's are market cap here's our share s buy a false hope. Only God knows.

The examiner's most important function is to attempt to formulate proposals for a scheme of arrangement which will facilitate the survival of the company and the whole or part of its undertaking as a going concern. A scheme of arrangement frequently involves a new investor acquiring all or substantially all of the shareholding in the company together with a write down of the company's debt across a range of classes of creditors. In certain circumstances, third party investment is not required. The examiner divides creditors into various classes (e.g. unsecured creditors, leasing creditors, retention of title creditors, floating chargeholders, fixed chargeholders, Revenue Commissioners, contingent creditors, etc.) and once proposals for a scheme of arrangement are formulated, they are circulated to each creditor and member and the examiner then convenes meetings of the various classes of creditors together with meetings of appropriate classes of shareholders. Provided that at least one class of creditor votes in favour of accepting the examiner's proposals, the examiner may proceed to seek court approval sanctioning his scheme of arrangement thereby making it binding on dissenting parties. The voting by creditors at their meetings is by a majority in number representing a majority in value of the claims represented at that meeting.

As indicated above, from the time of presentation of the petition in the court office, the company is under the protection of the court. From the commencement of the protection period, the company is effectively immune from creditor action. This prohibition is subject only to a party's (usually a bank's) entitlement to exercise a right of set-off[25] and therefore, absent agreement from the bank not to exercise that right, it is advisable that the company opens a separate trading account for the protection period. Unless recommended by the independent report or otherwise approved by the court on application by the examiner, the company cannot discharge any liabilities incurred prior to the presentation of the petition. Typically, the independent accountant's report will recommend payment of any arrears of wages to employees together with any suppliers or trade creditors that are essential for the survival of the company during the protection period.