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Please intercede with us regarding the urgent meeting with the Government of Georgia, and with your direct involvement, the said meeting will take place.
Sincerely, Giorgi Kishmaria is the lawyer of Green Capital and Frontera Eastern Georgia THIS IS ALL SORRY ABOUT ALL THE COPY AND PASTES BUT WOULDNT LET ME DO IKT ALL AT ONCE. CHEERS TOATIE.
In the judgment of April 26, 2021, nor in the enforcement document issued on its basis, Frontera Eastern Georgia (S/N 204905674) which owns the oil and gas, as well as the gas pipeline, is not indicated, which is determined by the extract issued from the public register and also from the extract issued from the enterprise register.
Based on all of the above , we request you to mediate with the Government of Georgia to immediately remove the illegal and groundless seizure by the Tbilisi Enforcement Bureau on the oil and gas owned by Frontera Eastern Georgia Ltd. identification number : 204905674 , as well as on the gas pipe and to remove the seals placed by the bailiff . from wells and reservoirs . By removing the aforementioned restriction , " Frontera Eastern Georgia " as an operating company will be able to sell oil and gas , within the framework of which the income received will be fully used for the production of oil and gas operations .
We cannot help but draw attention to the support of the American Congress to "Frontera Resources Georgia Corporation" regarding the policy implemented by the Georgian authorities, in particular, we present the statements of the congressmen who single-handedly express protest and support Frontera within the framework of the activities carried out in Georgia. A number of statements and appeals were made to the US State Department and Congress around Frontera.
Also, Green Capital and Frontera Eastern Georgia have repeatedly addressed the Prime Minister of Georgia, Parliament of Georgia, Oil and Gas Corporation and the Ministry of Economy, but no results have been obtained, because the state has a direct interest in the said dispute.
Based on all of the above, please use the authority granted to you by law and within the scope of competence:
make recommendations for a fair resolution of the case;
focus on the violations identified by me during the court proceedings;
Call on the executive and judicial authorities to suspend the execution of the judgment on the application of the security measure of April 26, 2021;
Within the scope of competence, give conclusions and recommendations on the mentioned issue in order to avoid further violations;
Also, we have appealed the decision of the Tbilisi City Court of April 27, 2021 on the partial annulment of the legally effective decision, which has not yet been considered by the Tbilisi Court of Appeal. The judge of the mentioned case is Mr. Merab Lomidze. Another violation in the mentioned case: " Green Capital " LLC is a party to the June 24, 1997 " Agreement on the share distribution of products and study of the processing plant " . June 24, 1997 " Partial distribution and processing of products According to Article 31, Clause 1 of the Plant Study Agreement , "Except as otherwise provided in this Agreement , all disputes arising between the Plant and the Contracting Parties shall, without limitation, be settled by three arbitrators who shall Defined by UN International Trade Law.
We are addressing you with this statement, because we believe that the security measure used and the legally effective decision known to be partially invalid are illegal and unjustified.
Unfortunately, it should also be noted that all this leaves us with the possibility of drawing only one conclusion: the decision of the Tbilisi City Court of April 26, 2021 will join the ranks of decisions that caused the liquidation of businesses and irreparable damage to the state.
Green Capital LLC explains that the oil and gas owner is Frontera Eastern Georgia, whose owners are Green Capital 50% and Oil and Gas Corporation 50%. It is also important to note that the partial annulment of the March 31, 2021 judgment has not entered into force and Green Capital LLC remains the owner of 50% of Frontera Eastern Georgia LLC's interest in Frontera Eastern Georgia LLC and is also a party to the 1997 Agreement.
Frontera Resources Georgia Corporation should be ordered to pay the equivalent of 5,800,000 ( five million eight hundred thousand ) US dollars in GEL in favor of the plaintiff " Green Capital " LLC .
" Green Capital " LLC ( S / N 402052372) will be assigned to " Frontera Resources Georgia Corporation " from August 27, 1997, until August 27 , 2022 , Dedoplisqnaro , Sighegnaro , according to the agreement on the share distribution of products and the study of the processing plant of June 24 , 1997 . Exclusive right to conduct oil and gas operations in the territory of Sagarejo , Gurjaani , Marneuli and Gardabani ( geological area on the plan - 5060 ( five thousand sixty ) sq.m. ) .
" Green Capital " LLC will be recognized and registered as a party to the " Agreement on Share Distribution of Products and Study of the Refinery " dated June 24 , 1997 .
LLC " Frontera Eastern Georgia " ( S / N 204905674) as the owner of a 50% share instead of " Frontera Resources Georgia Corporation " should be recorded and registered in the public register " Green Capital " LLC ( S / N 402052372).
The aforementioned decision entered into legal force on the same day, and on April 1, 2021, an enforcement document was issued according to which:
On April 20, 2021, a joint application of JSC "Georgian Oil and Gas Corporation" and LSC "State Agency of Oil and Gas" was presented to the court, requesting the annulment of the decision of March 31, 2021, which was granted by the court on April 27, 2021. In addition, the court, by its ruling of April 26, 2021, applied the following security measures:
1.1 The restructured 50% share of "Green Capital" LLC in the charter capital of "Frontera Eastern Georgia" LLC was seized, and "Green Capital" LLC was prohibited from selling/disposing of it and/or encumbering it in any form.
1.2 "Green Capital" LLC (including Frontera Eastern Georgia LLC, its designated persons), the Georgia branch of "Frontera Resources Georgia Corporation" and "Frontera Eastern Georgia" LLC are prohibited from directly and/or through subsidiaries and/or third parties, Sale/disposal of extracted oil and gas and real and movable property intended for oil and gas operations and owned by "Frontera" "branch" and "Frontera Eastern Georgia" LLC at the time of the "March 31 decision" and the title and seizure of the indicated oil and gas and other property.
1.3 The enforcement of the writ of execution dated April 1, 2021, issued on the basis of the decision of March 31, 2021, was suspended. As mentioned, Green Capital, as well as Frontera, were banned from selling oil and gas.
We would like to remind you that the lawyers of "Green Capital" LLC appealed the said decision to the Tbilisi Court of Appeal, however, the Court of Appeal also made an unprecedented decision and refused to satisfy our complaint and left in force the vague and illegal decision of April 26, 2021 and the writ of execution issued on its basis.
Restoration of existing oil and gas fields on the 12th block of the territory of Georgia and increase of production;
geological and ecological study of the territory;
prospecting and prospecting for oil and gas deposits;
Commissioning;
The license was issued from August 27, 1997, until August 27, 2022 and gives the right to carry out the above-mentioned operations in the territory of Dedoplistskaro, Sighnaghi, Sagarejo, Gurjaani, Marneuli and Gardabani (area of ??geological ownership on the plan - 5060 (five thousand sixty) sq/m).
After 2013, in the wake of the political course of the state, Frontera as an American investment suffered the greatest material damage, and at that time it turned to Green Capital for help and investment. "Green Capital" LLC invested millions of dollars.
On April 25, 2018, between the plaintiff - "Green Capital" LLC and the defendant - "Frontera Resources Georgia Corporation branch in Georgia" LLC, a contract for the purchase of crude oil was signed. "Green Capital" LLC made several payments in accordance with the agreement, the equivalent of 5,800,000 US dollars in GEL, but despite this, the seller did not fulfill the obligation under the contract and did not deliver the subject of the purchase contract - crude oil.
On March 31, 2021, the plaintiff's claim was fully satisfied, on the same day the decision entered into legal force and an enforcement writ was issued. Frontera has fully acknowledged and consented to Green Capital's claim. The plaintiff's demand, which was derived from the purchase agreement of April 25, 2018, was legal, justified, and this became the basis for its full satisfaction by the court.
According to the decision of the Tbilisi City Court of March 31, 2021:
The lawsuit of " Green Capital " LLC was fully satisfied
Embassy of the United States of America in Georgia and Her Excellency Mrs. Kelly Degnan
To the Head of the European Union Representation in Georgia, His Excellency Mr. Karl Hartzel
Diplomatic corps accredited in Georgia
Government of Georgia
Giorgi Kishmaria, lawyer of "Green Capital" LLC, SC 402052372
"Frontera Eastern Georgia" LLC S/N 204905674 Lawyer Giorgi Kishmaria
appeal
First of all, we confirm our respect and thank you for your support of our country, as well as for your significant contribution and support in the political and economic development of Georgia.
Your Excellency, we have to bother you and focus your attention on such issues as the investment environment in Georgia and its present day. If it were not for the special nature of the dispute and its severity, we would not have had to contact you. The issue concerns the extremely damaging environment in Georgia for American and European investment, which is manifested in one well-known case, which we will talk about below.
We inform you that the well-known American company "Frontera Resources Georgia Corporation" (CR-72227 /USA/) in accordance with the "Agreement on production sharing and exploration of the refinery" concluded on June 24, 1997 between it and the state company "Saknavtobs" , had the exclusive right to carry out oil and gas operations on the territory of Georgia. Frontera, as an American company through its branch and operating company - Frontera Eastern Georgia LLC, has been engaged in oil and gas operations since 1997. "Frontera Resources Georgia Corporation" was granted the status of "investor" by the production sharing agreement of June 24, 1997. As an "investor", he founded the "operating company" - LLC. And the owner of 50% share is Oil and Gas Corporation. In 1997, "Operating Company" won the international tender announced by the Ministry of Environment and Natural Resources Protection of Georgia, and on November 17 of the same year, it was granted a license to use oil and gas resources, which granted it the exclusive right to conduct oil and gas operations in the territory of Georgia. And the owner of 50% share is Oil and Gas Corporation. In 1997, "Operating Company" won the international tender announced by the Ministry of Environment and Natural Resources Protection of Georgia, and on November 17 of the same year, it was granted a license to use oil and gas resources, which granted it the exclusive right to conduct oil and gas operations in the territory of Georgia.
According to the mining license granted on November 17, 1997, "Frontera Eastern Georgia" LLC has the right to conduct the following operations:
tsbs 1 re your 07.47 post i think the decent thing to do would be to apologies to puddy and zib for your post suggesting that these 2 hard working guys would even contemplate taking money from the wee fund for hosting the platform i think it is time to man up and say sorry, IMHO toatie.
Morning mate just back in from work in time for the chapel and had a quick look in here and noticed your post, sorry for all the extra hours and hours of work i may have caused you but i think it was a good idea, how is the fund doing anyway, does it need a wee top up yet, if so just say the word and i am quite sure that myself and all the other guys will be more than happy to help well just of to get showerd and dressed for the chapel, as i am doing the reading this morning so need to be a wee bit early so i dont make any mistakes, speak later looed cheers toatie.
been here since 2009 and even though we are delisted i still look in most nights after work, and its good to see some of the old names still posting on how we are doing, well have got just over 12.5 million shares here in old frr and if this comes good Great but if not well we tried, in another good share AVACTA i hope and got just over £110,000 in here just about holding my own on this one and looks quite a good bet according to all the research coming out of it so heres hoping i can get all my money back from old frr on this one, well looed ,mole and all the rest of you great sleuths still at frr i hope this comes good for all of us cheers guys.
Hi Richob i have been reading this stuff about FAP for months but still dont get it, dont have much of a science brain im afraid but i like to read the stuff that some posters post here as it is quite interesting first invested here about 2.5 years ago and buy when it comes around April time again so i can top up mine and the wifes ISA accs as i think this share could be massive in the near future and could let me leave the kids all sorted for there lifetimes if it comes good, and also help a lot of folks who have this terrible disease cancer, so by being invested here we are also helping top eradicate these cancer diseases by putting our money in here letting the scientists do there work which hopefully AVA6000 will work miracles and help cure cancer.
i was one of the old gang and devonianexile was also one i am toatie 1.
zeps have a great birthday today mate when you get to our age its a bonus toatie.
hi mate sorry for your loss and glad that Hargreaves Lansdowne have finally admitted that they where wrong in your case and you deserve the compensation they they are going to award to you and now you can finally get on with your life sorry for your loss.
this was my BUY today @16.13 yet the m&ms mark it down as a sell cheating gits.14-Apr-22 16:13:33 123.50 8,092 Sell* 123.00 126.00 9,994.Think IWEBB where great today transferred £10,000 of trading shares from my acc to my isa acc and then transferred £10,000 again from my trading acc to my wifes isa acc. and it only cost me £5 per trade and got guaranteed prices of £1.23 per share so anyone with IWEBB do your bed and isa over the phone great service from these folks would highly recommend.