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I can see there is alot of back and forth.
Whether people have too much hope in FRR.
Just thought I would mention there is a rumour that Activities will start in a few months.
Not sure at what capacity, my personal opinion would be proving up wells.
Let's see if anything happens by August.
Many of us would happily take 1p a share!
Guess it depends whether those people actually want a return or just to get their money back.
Although I don't expect us to go back to the public exchange, if we did it would for whales to suck up the loose shares. Makes you wonder if the media blackout is for that reason.
They pretty much said any work will just hit the bottom line, Russia doesn't exactly want to make down. I imagine there are lots on order even if they never get used. Stockpiling would of already began.
Don't forget about MBDA (BAE Systems (37.5%)), offices in Germany also.
On the 1st December there was no content and no password, it was just a blank default page.
Does seem a little strange to password protect the website now, especially blank. Typically you would password protect a draft website in creation, they didn't have to get Squarespace.. They already have email domains somewhere else, hence their previous active email addresses..
Perhaps they are adding content and there and eventually Frontera will have a website again.
Private or Public.. not having a company website is not the norm in the 21st century, makes the company seem very tinpot..
Wouldn't think they had a billion dollar assets.
Hi all, don't comment much unless I think I need to say something.
But the frontera-resources.com is a legitimate Frontera website... They use emails from the domain address.
As an example.
https://www.prnewswire.com/news-releases/frontera-resources-statement-regarding-outrider-managements-tortious-interference-in-georgia-301154219.html
-----
Frontera Resources Corporation
(713) 585-3200
info@frontera-resources.com
-----
I can only assume that zaza got hold of the old domain or a series of other things happened, but this is what Houston seem to be using.
That's interesting, be nice if that was the login page to a Dataroom.
Shame that 4" wasn't 4' help make up for all that lost time.
You also have day of the dead, ideal day to polish up the Frontera Tombstone. It's already past now but hopefully not too much moss has built up.
Not that it matters too much, Doctor Frankensteve has it all wired up and waiting for the lightning to strike.
Meanwhile all us shareholders are getting our torches and Zippos out.
One would guess this is our subcontracted workforce?
Hi all, don't post very often less I see something.
Notice this was on the LinkedIn, seems a little strange... (good.or.bad)
https://specialtyrtp.com/
Specialty RTP manufactures spoolable non-metallic pipe for oil and gas applications on the surface and down hole.
Appears Frontera Resources Caucasus CORP was updated this year.. That's also a Cayman business, George town is the location. https://www.datocapital.ky/companies/Frontera-Resources-Caucasus-Corp.html
Makes sense the email comes out as the Aim Admission was made out in the Cayman Islands business.
Seeing this Business has been getting winded up it makes sense that these public shares no longer exist.
Seeing Zaza's comment in court and those who confirmed their share holding with a laywer in the past.
It seems possible to me this ownership of the business still exists but in private shares in the Houston Corporation.
The wind-up of the cayman islands business money to cover the debt and not the asset itself, this was not a negative liquidation but settlement to it's creditors.
The Cayman Islands business in theory gone, but i think you will find moldova, georgia etc all came under the Frontera Corp Houston. Not under the caymans business, so i think you will probably find we are actually still private shareholders & Steve being CEO is not suddenly a billionaire.
Also it appears that II hasn't had any response from Frontera Resources for 18months and automatically assumed the shares are in theory worthless. I guess to the Exchange they probably are.
FYI - Spoke with someone who is Georgian and they said it basically in summary.
Green Capital is a Zaza firm and will extract oil.
Frontera Eastern Georgia is bankrupt.
I can only imagine they are not up to date on the Green Capital part.
Or today... Seeing it's after midnight!
Sorry, you goto this link.
https://jpwebsite.harriscountytx.gov/courts/index.jsp
Then goto oral hearings, select the day and the court 281st. So penciled in again for 16:45 tomorrow.
TEMPORARY INJUNCTION, looks like it's a no go tonight. I'm off to bed.
https://jpwebsite.harriscountytx.gov/courts/DocketInquiry.do
It begins
Long and short they are saying FRC don't own the asset it was left in the liquidation and Zaza nabbed it from the liquidators.
FRC are saying they transferred it because GOGC couldn't block the transfer due to the PSA wording.
In the PSA it does say "Such consent not to be unreasonably withheld or delayed"...
So basically i read that as they cannot actually say no..
Not being funny but SN has a Managing Partner on his side, his expertise should destroy Zazas legal team.
Laura was also pretty high spec.