so -2 May 2019 13:19
let me get this straight in my head in simple terms
1) Frontera deafaulted on a loan
2) This defualt was caused by OMF blocking alternative finance
3)Hope intimated to start proceedings to claim the asset due to the default default
4)Frontera put a block on this in caymans court
5) Frontera then started proceedings on a counter claim for 40 odd mill in damages.
6) Hope demanded the judge tutn up at a few hours notice in the caymans to prevent loss of OMF claim
7) kalawey jumps on aeroplane, reads docs provided by OMF lawyers and finds in favour of OMF- injunctio lifted
8) frontera immediately appeal and injunction re instated, pending
9) Kawaley court docs released painting frontera case as poor
10) further court appearance
11) Kawaley accuses Hope OMF and their solicitors of false hoods to gain earlier injunction lift
12) Kawaley states that commercial agreement and compromise between parties is the best way to resolve or all lose
13) on the eve of Caymans hearing - which everyone expected to result in OOCS- frontera file damning case in California against Hope
14) Not read todays document release yet
None of the above is particularly enjoyable but can someone explain to me how this can be spun as a done deal for Hope and OMF.
Have the ADVFN motley crew, winiw@nk, wshark et all taken over the monicors of some LTHs and investors.
Has the last few months been enjoyable- no! Then again the last few years with Hope failing with a hostile take over and attempting to strangle and suck the life out of the company and our investment like an anaconda wrapping round its prey hasnt been particularly pleasant either.
Can not wait until its over. In the meantime Getting on with life and planning for life where frontera lose to hope is very advisable- youd be surprised how liberating it is.
ps- Im still confident we win- just not prepared to let win or lose in the future dictate my life in NOW. Life is short enough.
All just in my humble opinion.
pps - its a strong hold for me LMOA