articles

New World Oil & Gas EGM farce details emerge

Tom Winnifrith Tuesday 19 May 2015

 

Share this

Detail is slowly emerging from the farcical New World Oil & Gas (NEW) EGM in Jersey today. Criminal market abuser Chris Oil was not present - maybe his passport has already been confiscated. But Ben Turney was attending as were no less than four heavies from broker Cornhill Capital.  The bottom line is, knowing that a show of hands would go against the company, it started the meeting by calling a poll - that is to say a vote of those actually casting votes on the two resolutions. However...

Read the full article on ShareProphets | Comments
About Tom Winnifrith
Bio
Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
Twitter
@TomWinnifrith
Email
[email protected]
Read next

Tom Winnifrith Bearcast: Why Bidstack now needs a formal (lack of) profits warning and could it run out of cash in Q1 2020

Of course I only record this because I am in the pay of the Israeli and Russian Governments. Whatever. I start with the pathetic deadwood press and how Richard Jennings blows them off to his shame and my disgust. But this podcast is really all about Bidstack (BIDS). Its CEO lied to investors on August 8 as explain with more detail this time. Ther case is open and shut. Now the company needs to issue a formal lack of profits warning. Again that is not a matter poof debate as I explain, in case wretched Nomad Mark Brady of Spark is listening and wants to avoid getting into even more trouble after his August 8 failure. Finally I ask how soon it will need to place again?

On ShareProphets
Saturday 12 October 2019
TomWinnifrith.com Copyright © . All rights reserved.
Created by Everywhen