hi ****nal
ive seen the report
mixture of good and bad but we have no way of knowing what will be the outcome yet.
there is mention of funding and wish to take the company to pre liquidation request state - lets see what comes.
im still confident of a possible positve outcome but depends on psa being extended and the sn proposal being accepted.
hope that helps buddy
Or if the 202TCF reported was to be verified - one hundred and twenty point three two billion dollars. LOL
Hey Millsy
how are you dude.
so on that even at the 12 TCF we reported thats about 7 billion dollars value, wonder why theres still l.ife in the old dog yet...........
Thanks as always Looed. Good of you to take your vauled time to continually answer questions. Appreciated.
Thanks looed and Monti.
Yes the near 400 million recovery pool is an asset we certainly wouldnt want to lose.
There is a scenario that would save the CR pool and our shares and limit the cabal of sheisters that have tried to bring us down - im hopeful thats whats going on - hope though.
So hope and pray it is.
Thanks again both.
Thanks looed.
in a previous post i think you said after the liquidation process had started within 2 weeks SN was trying to take the company back to a pre liquidated state- from your very well explained answer below you would appear to think this not the case- am i correct in that assumption.
Thanks again.
i have a few other thoughts and questions but not something id be wanting to put on the BB. I might see if one of my long time friends will pass on to you.
Montiburns Looed
so my thinking on current situation is as per the liquidation notice our shares were one hundred percent in the company in liquidation and as such Sn has no current control or legal power over our shares or in FRC C
The notice from the company via looed that we are on the bus is confirmation that we are all, sn included, owners of shares in a company being liquidated.
The asset is not there as per GG acceptance of the shift of ownership to FRUS. Is the comment intimating that we are on the bus of the company that has the asset or just as above that we are on the bus of FRC C.
Are we therefore reliant on SN and the we are all frr family on the bus together menaing that our shares will be honoured with equivelant holding in FRUS. Is this at SN discretion.
I still hope that we will benefit from this - can either of you verfiy my thoughts as correct or am i way off the mark.
It is increasing difficult to see a positive outcome here for my holding after nearly 20 years of support of both SN and FRR.
I wholly appreciate there have been unscrupulous workings to deny us benefit from our support and investment from several players here - the shorters, Hope, Ya etc
its the occasional message of hope thats the killer here though. lost count of the number of times ive put this down to a write off only to get some glimmer of hope at the end of the tunnel that is totally outwith our control with no real concrete knowledge of facts.
Strangest investment and story ive ever been involved in
Any answers on the above appreciated - as is all the work carried out by Looed et al in relaying messages.
Very frustrating
Cheers
Does anyone have any info on where we are currently.
A long time since a little hope was showing some light at the end of the tunnel- is it now extinguished.
This whole is looed genuine or not ! Is Looeds contact legitimate or not narrative is all getting a little tiresome.
Several of the old guard heavily invested long term investors, none more so than Devex, are trustworthy - are they being questioned about their integrity?
For a long time it has been clear there are dark forces at work trying to devalue and discredit the company and as such in my opinion the situation is wholly understandable.
Devex - thank you for taking the time to clarify and again validate the correspondence validity. Must feel for several and none more so than Looed, that its a waste of their time and effort.
I would like to say thank you for the efforts put in to keeping the LTHs in the loop and hope you do not become disenchanted by the minority of negativity directed towards you and please keep sharing what you can.
I wrote this off to manage my frustration and reliance on my investment in frontera which managed stop my daily checking in here , as well as my heart. I do however trust SN to be doing his best for himself and all invested including us to deliver a return on our time and cash invested in frontera. Im just not totally reliant on that being the case or something that would happen imminently . I will however be delighted when it does and hopefully financially well rewarded
As an extremely grateful and overly invested long term holder i hope you keep going.
Thank you.
The Prodigy
Outrider management llc is the comoany that majority owned the outrider company that bought the distressed debt. Can only see the two outrider funds being liquidated - not seeing anythiug yet about OM LLC
Not been on much in. last 3 years due to cardiac arrest and luckily - recovery.
Can anyine give me a summary of where we are please.
Is the share suspeneded
Thank you.
Thanks Adamsky, not sure why that was so difficult for others to do, really appreciated.
Should really ahve seen past that previous reply, just shows DYOR.
Im sure ill see the funny side of RRl's reply.. but maybe not.
Thank you RLL, Appreciated
Able to bring me up to speed on whats going on here in a paragraph.
Missed about two years due to Cardiac arrest and recovery
So, am i reading this correct, SN has taken ownership of the debt payment he signed up to after having fought to have himself and FRR separated from the case against ZM and this has been agreed and exectuted. Thus leaving Mourant to go after ZM solely in a different case. Nice bit of distancing and seperating by SN.
This does appear to be very good news. thanks for all your hard work as usual.
Its taken a long time but theer does appear to be light at the end of this tunnel.
Hello to all the LTH and sufferers.
Get your wallet ready Dulwich - the band of brothers could soon be together again for some refreshment my old pal.
You absolute legend me ol China plate. Great to catch up in the city for a couple of beers and some networking - and of course the customary frontera pipe dream discussion.
One day soon Dulwich, we’ll all be millionaires.
Until next time my friend. Slange Var
You n me both Chimers
doesnt fit their agenda gotreal.
a wee bit of the sado masochist tsbs. lmoa
*******s LMOA
What’s this one to do with cymro- regaining control of the asset?