Member Info for zoggz

Always up
Yes i did notice and in particular the way certain questions were skirted around, again alot of words but nothing concrete with regards to the costs involved with their so called growth stratergy.
The way i see it is they will use any settlement claim funds (if any) to not only pay their salaries and bonuses but to make aquisitions of worthless companies in the name of growth but in reality they will not add any value to the company just like they have not at sou coro echo and corcel. The pattern is the same in all of the companies that parsons is involved in read the rns's.

Just read the Q&A session and have come to the conclusion these directors should be on mastermind.
Specialist subjects how to avoid the real issues.
good luck LTH's

Alwaysup/ping
Once again more b/s from the crooked BOD.
It seems there are only few of us that can see what is really going on here.
Advancing towards initiating what a load of crap! is that the same as preparing to plan?
Quite apparent that the begging bowl will be out again shortly so they can mug more punters out of their hard earned cash to pay their salaries and bonuses.
Todays RNS just like all the others nothing but b/s
Watch for the RNS stating the deal with Enyo is off as per the last time they pulled this stunt.
I noticed Parsons and Dennan brought shares in Coro today shame they do not do the same here
good luck LTH's we are going to need it

oldblue1973
I see you still wearing your rose tinted spectacles can you really not see what these directors are up to.
Check out corcel (formely regency mining) coro, sound energy, nuog, read the rns's the pattern is exactly the same as with AST placing after placing dilution after dilution it is never ending and absolutley no revenue or profit for any of those companies just big salaries for directors plus bonusses. read the accounts if you are able to.
By posting your drivel you are actually encouraging new investors when you should be warning them as most other posters on here are.
Look at todays trades 1 buyer only all others are sells everyone else can see what the play is here except you.
I am begining to think you have links with these crooks as you are ramping with every post do your reaserch man and stop posting things that are just not facts.
The facts here are if you invest in this copmany now you will loose money fact.
And by the way i am not shorting either i am a LTH who is still 96% down on my initial investment.
Newbies please DYOR thoroughly before wasting you money here.

He has been working with these companies for years and between them they have got it down to a fine art.
Like you say they leave their initial investment in to make it look like as you say that they are still heavily invested but again like you say they have already made a fortune then they do the same again do they not call this rinse and repeat.
Wish i had never invested in aim companies. The more i read about this bloke the more p****d off i am getting.
Hope you are not in to deep always and that one day if slovenia cough up we get something back.
All the best. M

Alwaysup
Yes my thoughts exactly
I have been reasearching for the last 5 hours (been here there and everywhere) and that is exactly the same pattern i see and looking at the final accounts this bloke is making millions a year all at the PI's expense from various companies he is involved with.
This should be reported to the FCA he is conning people out of millions of pounds.

345.52 million shares in issue, price =2p market cap 7.08 million no revenue for years is this where he is going to take AST
We are being conned

It appears that align reasearch have brought shares in several of these companies they buy them he pumps them then they dump them making a fortune each time
He is very good at making large companies a lot of money but not the PI's check out corsel read the rns's

ChairmanCorcel PlcDec 2019 - Present 1 year 6 monthsChairmanAscent Resources plcMar 2020 - Present 1 year 3 monthsLondonChairman (Non Executive)Coro Energy PlcDec 2017 - Present 3 years 6 monthsChairman (Non Executive)Echo Energy plcMar 2017 - Presen t4 years 3 monthsSound Energy plc8 years 4 months Chief Executive Officer Oct 2012 - Dec 2019 7 years 3 months London / Sevenoaks Chief Financial Officer Sep 2011 - Sep 2012 1 year 1 monthFinance and Corporate Development DirectorInter Pipeline EuropeOct 2006 - Aug 2011 4 years 11 monthsVarious (Finance, M&A and General Management)Royal Dutch ShellOct 1994 - Oct 20061 2 years 1 monthLondon, Holland, Brazil, Denmark, Santo DomingoFrom linkedin profile

Chairman
Corcel Plc

Dec 2019 - Present1 year 6 months
Ascent Resources plc Graphic
Chairman
Ascent Resources plc

Mar 2020 - Present1 year 3 months

London
Coro Energy Plc Graphic
Chairman (Non Executive)
Coro Energy Plc

Dec 2017 - Present3 years 6 months
Echo Energy plc Graphic
Chairman (Non Executive)
Echo Energy plc

Mar 2017 - Present4 years 3 months
Sound Energy plc
Sound Energy plc

8 years 4 months
Chief Executive Officer

Oct 2012 - Dec 20197 years 3 months

London / Sevenoaks
Chief Financial Officer

Sep 2011 - Sep 20121 year 1 month
Inter Pipeline Europe Graphic
Finance and Corporate Development Director
Inter Pipeline Europe

Oct 2006 - Aug 20114 years 11 months
Royal Dutch Shell Graphic
Various (Finance, M&A and General Management)
Royal Dutch Shell

Oct 1994 - Oct 200612 years 1 month

London, Holland, Brazil, Denmark, Santo Domingo

Sorry Shares

Over 2 billion shares in issue shere price =0.32
Company been milked

I decided to look into the past of our CEO.
I will not elaborate on this board but check out NUOG and CORO Dennan involved with both companies look where the companies are now
I think this is the way AST will go in the near future.

Always up i agree with you wholeheartedly.
Shrina i have read most of alwaysups past post they are factual as far as i am concerned.
Oldblue You need to remove those rose coloured spectacles you have on and see this bunch of crooks for what they really are. Have you actually checked out their past histories and performance,??? If you have not then it might just be worth your while doing so before you invest more in the next fund raise.
wishing good luck to all other LTH's here.

Shrina
What makes you think that 14p would give me 50%.
i have never divulge how much i paid but just for the record for 50% the shares will have to be 75p.
I have never averaged down as i do not believe in throwing good money after bad.
Do you not remember the 100 to 1 consolidation well that happened to me along with others here so maybe you will understand how i feel about the current board.
I was first invested when hutchinson and carver were at the helm remember bushmills.
Everything was looking good for the company in those days then came the lies and then slovenia's corruption
I chose to put my money into a fund which is doing very well after 5 years.
Max thanks for the reply i wish you luck with your investment too take care

Hi Max
The answer to your question why do i still hold shares.
The answer is like all LTH'S here i am not prepared to loose 96% of my investment and believe it or not i still hold out some sort of hope that perhaps one day things may well change for the better but that is only a small glimmer of hope.
But with the current board i very much doubt it.
The concession expires next year and will hold untill there is news regarding any extension if not and the company goes bust then that is my loss thats the chance i am willing to take as i have already written them off as a viable investment but still hold them in my ISA.
If i could get at least 50% of my money back then i will sell then but again i do not hold out much hope either.
If i am wrong then i will put my hands up and admit it on this board

i would love to ask these questions but do you honestly think they would allow these questions to get through as it is an online AGM no persons attending.
It is a fact that the present directors have a long history of non achievement in every company that they have been directors of.
They see a lame duck and parachute in to milk eveything they can out of shareholders untill the end then they move on to the next lame duck.
As Aussie just said good luck with Parsons onboard and that goes for the rest of the board.
Shrina you say give them a chance do you not think they have had their chances many times over.
Every RNS i read from them have lots of words in them but say nothing.
No news regarding EIA no news re arbitration except we are beginning to prepare abitration. How long does this take exactly. i understood lawers had been appointed a year ago. After the letter of the 19th march 2021 i expected this would happen soon afterwards that was 2 months ago and still no update on that front. All talk very little action just kicking the can down the road again.
I do not trust the BOD one bit i have fully researched every single one of them and not one of them has had any real success in bussiness. Every company they have been involved with has failed and it is always the investors that pay the price check for yourself.
Bye the way not on any pills and not part of a crowd just a very angry investor who feels he has been robbed.

This statement proves that all money raised is to pay salaries only untill the end of the year.
Going Concern
The Financial Statements of the Group are prepared on a going concern basis as detailed in Note 1. to the financial statements.The Company has raised £1.01 million in new equity since the balance sheet date from new and existing investors. Under the Group’s forecasts, the funds raised together with existing bank balances provide sufficient funding for at least until the end of the calendar year, as of the date of the publication of this report, based on anticipated outgoings and in the absence of the receipt of revenues from production.
Kind of says it all really

The Remuneration Committee, which comprises Stephen Birrell (Chairman) and Ewen Ainsworth is responsible for reviewing the performance of the Executive Chairman and the Executive directors, for setting the scale and structure of their remuneration, paying due regard to the interests of shareholders and the performance of the Group. It also reviews the performance of the senior management, sets and reviews their remuneration and the terms of their service contracts and considers the Group’s bonus and option schemes, determining targets for any performance-related pay schemes operated by the Company.
So my question is what regard have they had for shareholders interests have investors benefitted and how did they come to the conclusion that the directors are entitled to these large sums of money,
Also what targets were set and acheived. None apart from rasing money to pay their salaries

In total these crooks have had nearly £500 0000k in salaries and bonusses for doing what i ask?.
Why have dennan and parsons taken £27.500.00 in bonuses what did they do to earn this, and what is this benefits in kind for. Another theft from company funds our money (Shareholders) that we have invested
These are the questions i want answered but know they never will be answered.
As soon as i saw Parsons and Dennan take control of AST i knew this would happen they have a history of doing this. New investors should be very aware of this fact as the next time they have a placing or attempt to raise cash in any other way just remember it is not for investing in new ventures it is there to pay these extortionate salaries and bonuses.
Another question why is Woods a non exec director he is nothing but a blogger what experience does he have in the O&G industry, None at all is the answer to that question
We are all being conned by these thieves.
Oldblue nothing personal mate but are you so blind as to not to see this. I do hope you read this latest report it may open your eyes to the way we have been conned and lied too by these thieves