Member Info for ZiggyZag

“Signed by your client “ , Stevie managed to get one in .

Who would fund us 100m ...left field .....maybe Hope has arranged it.

His own begging letter to Georgians asking for licence failed.
Greens subsequently being “sold “ the asset by FTI and only bringing in new cash of $125K for it shows his perceived prize on the back of calling in his debt has failed to come his way .

Is joining forces with us now in a new rejigged arrangement his only remaining option of ultimately extracting any value out of his interests in FRR .

Tsbs
I thought SN was ok . Obviously he would have been prepped by his council on the questions they were going to put his way but his answers were short and generally dealt with the questions adequately .
I think he was controlled and measured and by not elaborating too much gave little extra / openings info for the other side to focus/ pick him up on when its their turn to grill him.......hope he stays in that vein when they do .

Spent age trying to get in pressing all sorts of buttons /links not sure how I got on the zoom link if thats what I did ...now waiting for the knock on the door !

That was me .....what I have I done ?

ODR , think this is the address that got us on last night

video.ibm.com/channel/sSquTrGTjBg

Looed , once again thanks for your work.

So I wonder , if Green Cap is given the boot , what happens with their $125K cash payment and ( presumably ) giving up their $5.8 m creditor claim for the asset .
Will FTI say thanks , but as always its buyer beware so take a hike .

tsbs ....No it seems not , but that does not make those who put their bet on red any more clever or insightful than those who put their bet on black or as some of us did on zero .
All bets were placed with absolutely zilch info as to it being genuine or proof that it was , but the white ball had to land somewhere , luck of the spin .
But BWTF , now just wish I had put my money invested here on the tables instead .

ODR
Sorry bud but have to pull you up on statement . Whilst there may have been some of the “brigade “ who disregarded it as fake there were others like myself who argued with yourself and others on the basis that at the time and indeed until very recently no side in the dispute made any comments to confirm the leaked document was genuine . Some of the comments at the time from posters who downloaded the Doc included ....well it looks genuine ....most scams do , don’t they , hence healthy scepticism from some of us .
You had no proof it was genuine and chose to believe it was , it was a 50/ 50 bet on the unknown on your part .
Think at the time it was all about the context surrounding the release .

Ivey ,Got to assume its the same co , confused though as status is shown as
Forfeited Franchise Tax which I think may mean something like struck off for not paying tax , also shows a dissolution date of Feb 20 .
However docs by Gambler shows agreement dated April 20 .
.Varang yes , blast from the past , who knows may even get to know who they are as this process plays out .

CSTN, LTD.

Company Number
0009203910
Status
Active
Incorporation Date
30 September 1996 (over 24 years ago)
Company Type
TX LIMITED PRTNSHP
Jurisdiction
Texas (US)
Registered Address
3040 POST OAK BOULEVARD SUITE 1100
HOUSTON, TX 77056
United States
Agent Name
STEVE C NICANDROS
Agent Address
3040 POST OAK BOULEVARD SUITE 1100, HOUSTON, TX 77056
Directors / Officers
STEVE C NICANDROS, agent
Registry Page
https://mycpa.cpa.state.tx.us/coa/ser...

Many thanks Gambler
BMCN holdings rang a bell:

BMCN HOLDINGS LLC

Company Number
0802328052
Status
Forfeited Franchise Tax
Incorporation Date
9 November 2015 (over 5 years ago)
Dissolution Date
28 February 2020
Company Type
TEXAS LIMITED LIABILITY COMPANY
Jurisdiction
Texas (US)
Registered Address
3040 POST OAK BOULEVARD, SUITE 1100
HOUSTON, TX 77056
United States
Inactive Directors / Officers
NIKOLOZ MAMULAISHVILI, officer
STEVE NICANDROS, member
STEVE NICANDROS, manager
ZAZA MAMULAISHVILI, member
ZAZA MAMULAISHVILI, manager

Mole
Did we ever learn who below were , was it a non starter.

25th May 2018 RNS

Well Niko-1 Funding 
 
On 24 May 2018, the Company entered into an agreement with an unrelated institutional investor to secure funding for the planed operations at Niko-1 well. Pursuant to the agreement, the investor will provide up to $3 million investment, to be disbursed in two equal tranches by 1 September 2018 and by 15 October 2018, respectively, in order to fund the Niko-1 well work program to be commenced in November 2018. In consideration for this financing, the investor will receive share in the production from the Niko-1 well in the following proportion: 60% of the well production from the completion of the work program until recovery of its investment, and 30% of the well production thereafter.

Completely chilled as always

Sibgae
Thats fine , but maybe if you can’t be bothered to look back on events , in future say something like ....I think .... as opposed to the definitive ......”Starrage was the first to diclose court documents on here”
Re the abuse , suppose its how you go about presenting info you find in the context of the situation prevailing at the time of posting .

Sibgae
Can trump your Dec 18 by one month .
See my post of 20 Nov 2018 00:13

No issue really , just debunking your notion that SR is the great revealer , thats not disputing that like many others he has provided good info at times.

Sibgae
And when exactly was that “first to disclose court docs “ on here by SR?

ODR
Assume its financial issues they are working on as presumably any issues on the lines of / similar to points 105/106 attracting any action would be dealt with by relevant authorities .

ODR
ODR
No idea of the potential litigation area’s but FTI have had over 12 months digging in USA since the NY court gave them the go ahead
Over 160 points in their initial doc to the court which included :

105. The SOA was required to be delivered by the FRCC Directors on October 8, 2019. As
of the date of this Declaration, the FRCC Directors have failed to deliver the SOA, nor has any request
for an extension been received. The FRCC Directors have also failed to deliver FRCC’s books and
records.

106. As such, the FRCC Directors have violated section 101(7) of the Companies Law.

143. Based on investigations to date, the Liquidators are developing a litigation strategy with
Cayman Islands counsel.

144. However, further investigation is essential, in particular with respect to the
unsubstantiated debt of FRCC, the Arbitration, the Assignment, the Farmout Agreement, and any
FRCC assets in the United States.

156. The Liquidators may also have potential claims against the FRCC Directors and/or other
parties arising out of the management of FRCC and/or in relation to the Assignment and the Arbitration,
all of which are the subject of ongoing investigation (the “Potential Claims”).
157. For example, the Liquidators may have potential claims against the FRCC Directors,
FRGC, and/or FRUS if the Assignment was not an arm’s length transaction for full value.

You would think they have done a thorough job , maybe unearthed stuff that some of the directors themselves were unaware of .

Yep