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lugaville
Posted on: Dec 2 2019, 08:53 AM


Group: Member
Posts: 34

been fleeced imo
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lugaville
Posted on: Dec 2 2019, 08:39 AM


Group: Member
Posts: 34

There were a total of 3 shareholders at the AGM - 2 close friends of George, so I was the only 'independent'. Nothing of any substance was said really - and like in a Kangaroo court all the resolutions were passed. I asked Tomaras directly if he thought giving all of Zyber's money to George in a personal loan was in the best interest of shareholders - he said with a straight face yes it was. I quizzed George on what he's done in the last 12 months - I suggested nothing - he said a lot has been achieved. Kintslinger and George said the product should be ready in 4 to 6 months, they'll market it and then apply to the ASX to get relisted.

So obviously it was a very insightful meeting and Zyber has a bright future with these four honest board members.
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lugaville
Posted on: Nov 30 2019, 06:12 AM


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Posts: 34

needs to be investigated
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lugaville
Posted on: Nov 29 2019, 08:20 AM


Group: Member
Posts: 34

Some Questions for the Board if it's possible during the AGM

Questions for board:1. Do you plan on paying any lawsuits if you unsuccessfully defend them? If the answer is no,Why are you wasting money even trying to defend them then? If the answer is yes why do you have judgments in Canada but not payments made?
2. Was George’s Aquatic Spa a bathhouse or rub and tug?
3. Who is the beneficiary of Anthos ltd in 2018 ? How many shares where issued to this company? If none were issued why did George attempt to issue them? Scott Mison and Geoff Gander were aware,
4. Do you even have a product? If so can we see a demo? myzyber.com has been down for over a year
5. Why dd you feel the need to move the software to Australia when it was already in Australia?
6. Is it true George hired his daughter to work in the company while she is is listed as a top 10 shareholder? Why was this not disclosed to shareholders?
7. Did George bet on BLACK or RED in Vegas (leaning towards red given his penchant for racial attacks).
8. Why is there no written agreement in place for the directors?
9. If the company makes appointment decisions based on merit what merit does the current board have?
10. In the letter to shareholders you mention proceedings against Zyber Secure Mobile Solutions in the period ending June 30 2019. This is incorrect, the proceedings where commenced June 3 2018 therefore the period ending should have been noted as June 30 2018.
11. Has a cleansing prospectus been filed for the Canadian security holders to remove the lock on their shares?. The board has been aware of this since 2017.
12. If George has bankruptcy proceedings against him go through is he still eligible to sit as an Executive Director of Zyber? Has the board taken any steps to address this likely scenario?
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lugaville
Posted on: Nov 27 2019, 02:26 PM


Group: Member
Posts: 34

Just looking at the announcement and the appointment of Richard Lorentz as NED. You would have to ask yourself why someone with his experience and success in the O & G field would want to be involved in a $2.28m MC (cot case ) company like XST who have done nothing but burn money with Cosimo at the helm over the last three years ?
He obviously sees value in the drilling of Borba but i think there's a bigger picture here with his contacts in south east asian oil and gas. The only way from here is UP in my opinion.
Mind you it would be pretty hard to go down from this base.
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lugaville
Posted on: Nov 27 2019, 07:38 AM


Group: Member
Posts: 34

xst to raise some cash into the big borba drill with SGC, multi TCF play coming
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lugaville
Posted on: Nov 27 2019, 07:21 AM


Group: Member
Posts: 34

get ready for mass dilute then the 100 to 1 smashing re hash..not for me ..and still be short of capital IMO
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lugaville
Posted on: Nov 27 2019, 07:20 AM


Group: Member
Posts: 34

all lithium stocks in the dunny just like the iron ore crash,,will come back
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lugaville
Posted on: Nov 21 2019, 07:42 AM


Group: Member
Posts: 34

good luck with the CR they will blow capital out by the billions.. no thanks
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lugaville
Posted on: Nov 21 2019, 07:40 AM


Group: Member
Posts: 34

iSignthis calls for action on report
ELI GREENBLAT
SENIOR BUSINESS REPORTER
@EliGreenblat

12:00AM NOVEMBER 21, 2019
Lawyers acting for suspended fintech company iSignthis have written to the securities regulator to complain a damning ­report from proxy advisers Ownership Matters may have contravened sections of the Corp­orations Act and caused com­mercial damage to iSignthis.

HWL Ebsworth partner Colin Almond and senior associate Katherine Allen have written to Australian Securities and ­Investments Commission investigator Colin Luxford asking that the regulator consider if any ­action should be taken against Ownership Matters and the ­author of the contentious iSignthis report, which called out a ­litany of allegations and accounting irregularities.

The ASIC correspondence, obtained by The Australian, ­repeats some of the defences first put up by iSignthis in September when the Ownership Matters ­report was first circulated, raising a series of governance issues.

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But it also sets out an argument for alleged damages that the lawyers claim the global payments processor has suffered since the Ownership Matters ­report was released.

A spokesman for Ownership Matters told The Australian: “We are not being investigated by ASIC, and we don’t expect to be.”

An ASIC ­spokesman declined to comment other than to say the regulator was “aware of the situation, following it closely and in contact with the ASX”.

The letter has emerged amid a bitter dispute between iSignthis and the ASX.

The once $1bn-plus iSignthis, whose shares raced from 11c to more than $1.30 in the space of a year as investors became ­enamoured with its fintech operation, has had its shares suspended since the beginning of last month as the markets operator seeks answers from the company about its clients, revenues, accounting practices, market disclosures and links to customers involved in cryptocurrency markets.

When the Ownership Matters report was published and sent to its clients, it shook investor confidence in the company and raised questions about the reliability of its revenue and profits, with the stock plunging before it was later suspended.

Lawyers acting for iSignthis have contacted ASIC to inform the corporate regulator of its clients’ concerns and the potential impact on its reputation, ability to raise capital and regulatory costs.

“In the circumstances, iSignthis considers that the publication of the (Ownership Matters) report has caused it to suffer damage, including, but not limited to: detrimentally ­affecting its ability to raise capital; capital being raised at a ­decreased value; tarnishing the company’s trademarks with unfounded corporate governance concerns particularly in circumstances where the company ­operates in a highly regulated ­industry; detrimentally affecting its reputation with regulators and prospective regulators; and increased regulatory oversight, reporting and costs.’’

ELI GREENBLATSENIOR BUSINESS REPORTER
Eli Greenblat has written for The Age, Sydney Morning Herald and Australian Financial Review covering a range of sectors across the economy and stockmarket. He has covered corporate rounds such as telecommunica... Read more

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lugaville
Posted on: Nov 7 2019, 03:16 PM


Group: Member
Posts: 34

looks to be insolvent going by last 1/4r reports imo
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lugaville
Posted on: Nov 7 2019, 06:57 AM


Group: Member
Posts: 34

yes more to this then has surfaced imo.. taking a long time to re list if it was straight forward
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lugaville
Posted on: Nov 7 2019, 06:56 AM


Group: Member
Posts: 34

just a matter of when..it explodes north imo
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lugaville
Posted on: Nov 2 2019, 05:27 AM


Group: Member
Posts: 34

last 1/4 not a good read looks to be trading insolvent imo..
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lugaville
Posted on: Oct 30 2019, 08:18 AM


Group: Member
Posts: 34

https://www.asx.com.au/asxpdf/20191030/pdf/...0z7npvnsgts.pdf
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lugaville
Posted on: Oct 27 2019, 09:55 AM


Group: Member
Posts: 34

current exec chairman took all remain cash of $550k as a loan and left zyb near insolvent.have shareholders voiced concerns to the company and to asx ? be nice for a company update on how zyb is going to survive
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lugaville
Posted on: Oct 27 2019, 09:48 AM


Group: Member
Posts: 34

i am watching SGC for next multi TCF well to be drilled in california .. got stx right ..hope sgc does the same
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lugaville
Posted on: Oct 21 2019, 03:15 PM


Group: Member
Posts: 34

https://www.investorstream.com.au/sacgasco-...ease-october-21
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lugaville
Posted on: Oct 17 2019, 07:41 AM


Group: Member
Posts: 34

sgcoa ..massive leverage 4 cent DEC 2021 ,, i see pre drill 8 cent area and 20 plus on gas shows ..SGCOA cheap IMO
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lugaville
Posted on: Oct 14 2019, 06:38 PM


Group: Member
Posts: 34

Some buying opportunities in the SGCOA just taken. But now with SGC trading above 4 cents the oppies are "in the money" with TWO years to run.
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lugaville
Posted on: Oct 14 2019, 09:40 AM


Group: Member
Posts: 34

lmao random volume this morning, people been doing some Reading and Research over the weekend i See.

All the smart money is getting in now, taking a solid position. and too the poster before who said " 10c is too cheap " i Agree, i was just saying Normally before drilling actually starts, And the Well Spudd Announcement is made, thats when you usually see a real big mount of volume
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lugaville
Posted on: Oct 14 2019, 06:44 AM


Group: Member
Posts: 34

Any valuation at this stage is speculative, and will be until a lot more work is completed (way beyond the drilling of Borba and Alvares), and definitely until working interests in the current well is announced we are all in the dark.

But a couple of guides I'm considering:
1. The drilling of Dempsey (with similar stratigraphy albeit not as good thickening of hydrocarbon-bearing units and closure of structures according to management) confirmed the considerable extent of hydrocarbons and during the drilling we saw the share price move to 20 cents. Not a lot has changed with the share structure since then, and Borbas is believed to be in a more favourable location to test potential. Thus 20 cents should be achievable with any success. That would put a market cap of just over $50 million, which is low if the working interest isn't reduced too much.

2. Alvares is the hole I've been waiting for the company to re-test . We know that the historical drilling confirmed it to have considerable high pressure gas. That hole re-entered, if successful could be an absolute company maker, and ensure its market cap moves to a far greater level.

My view is that SGC will be a stand out performer in the coming months. Hopefully the Dept approval isn't delayed, and equity arrangements are sorted out soon.

As an aside, the options, SGCOA, provide another alternative, with better leverage than the shares but are harder to buy - all options offered on the market for its first week of trading at anywhere near a reasonable price were snaffled by traders!
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lugaville
Posted on: Oct 12 2019, 01:44 PM


Group: Member
Posts: 34

I think you will find (if you do the research and ASIC searches) that VMC have a long association with the owners of Penny West,far longer than the principals of SPX.In fact it is public knowledge that VMC have been active in the Youanmi region for many years.If you do the homework you will find a connection between the owners of Penny West and the owners of the Youanmi Gold Mine which VMC had an option for purchase agreement in place since May 28th 2018. I think the owners of both were probably the same people but holding each project in different entities.
The timing of VMC's announcement last week is also obviously not a coincidence.The deal for SPX to acquire Penny West was made on October 16th 2018 and the bulk of the shares paid to the vendor in the deal are held in escrow until October 16th 2019 .....next Wednesday.You can bet those shares are now frozen by a caveat preventing their sale or or other disposal. The pressure now will be on SPX,the vendor will be screaming saying "Where's my shares?!" The value of those escrowed shares on Thursday last was $15m.I would suggest that at the very least SPX will need to come up with about $20M in "go away money" to appease VMC in the best case scenario for SPX.
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lugaville
Posted on: Oct 12 2019, 01:43 PM


Group: Member
Posts: 34

been a long time coming got in early days at 3 .. have traded them many times .. but really like the future it has
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lugaville
Posted on: Oct 10 2019, 09:24 AM


Group: Member
Posts: 34

have followed for years really like the story,,nice chart pattern building for a break north.. on the watch list for break 95
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lugaville
Posted on: Oct 10 2019, 09:20 AM


Group: Member
Posts: 34

acgasco MD Gary Jeffery presentation Good Oil Conference 2018
https://www.youtube.com/watch?v=k3S1QkHJO-I
Listen around 7:53 about seismic

The more I think about it the bigger it gets.

Postulate this: CRC commenced drilling Tulianyo in Nov 22nd 2017 (6.3 Tcf structure)

If Borba the Beast is as Garry Jeffery states“This is one of the most enormous pieces of seismic I’ve seen in the Sacramento Basin to date!”

One could speculate that Borba the Beast is around or >6 Tcf
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lugaville
Posted on: Oct 8 2019, 06:15 PM


Group: Member
Posts: 34

iSignthis shareholder disclosures raise more questions
Jonathan Shapiro and Vesna Poljak
Oct 8, 2019 — 6.35pm

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iSignthis says it has no obligation to disclose further information about its second-largest shareholder, British Virgin Islands-registered Red 5 Solutions, after revealing this week the managing director's brother is a shareholder of Red 5 but not the sole owner of the mysterious entity.

In response to questions, an iSignthis spokesman said he could not answer on behalf of Red 5 Solutions, which owns more than 10 per cent of iSignthis.

On Monday, iSignthis revealed that Andrew Karantzis, the brother of boss John Karantzis, was a shareholder of Red 5 Solutions. It also disclosed that the company secretary of Red 5 was Irene Naumova, who is married to Andrew Karantzis.

John Karantzis is understood to have gone overseas this week and sources said he was presenting to Goldman Sachs clients in London on Thursday.

iSignthis was suspended from trading by the Australian Securities Exchange last week pending the outcome of inquiries by the exchange and the Australian Securities and Investments Commission.

“ISX has made multiple disclosures regarding our shareholder breakdown. The company has this week made additional and voluntary disclosures to dispel the rumour that any directors of ISX or individuals who are classified as a 'related party' of the company have never held shares in Red 5. This is absolutely not the case,” iSignthis' spokesman said on Tuesday.

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ISXiSignthis Ltd
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1 year
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Oct 18
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Updated: Oct 8, 2019 — 7.02am. Data is 20 mins delayed.
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"All questions regarding ISX’s shareholders should be directed to those shareholders.”

iSignthis had previously said in response to questions about Red 5 that it is "not privy to the ownership" of shareholders other than individuals.

The BVI company appeared on the iSignthis share register in September last year with 130 million shares. It sold 17.5 million shares in February this year. Red 5 holds performance rights on behalf of a number of early staff.

Andrew Karantzis is the company's chief of sales and was named in Monday's announcement as one of eight "angel" investors who had backed the business before it floated.

John Karantzis previously declined to respond directly when the Financial Review asked him whether Andrew Karantzis had an interest in Red 5. He said "no related parties" held shares.

However, a connection was inferred because Ms Naumova, who signed Red 5's stock exchange disclosures, had appeared in social pages photographs at an event with Andrew Karantzis. She also told a journalist from The Daily Mail in 2018 that she resides in Cyprus and her husband, Andrew, was a company director.

iSignthis has maintained that its disclosures are adequate and no Red 5 investors or beneficiaries qualify as "related parties" as defined by the Corporations Act.

However, issues could arise depending on the nature of associations between the entities, such as determining whether there is sufficient liquidity in the stock, used to calculate the free float, and considered by index providers for index inclusion.

The ASX was unable to comment at this time, because it is one of the issues being looked at in the broader iSignthis enquiry, a spokesman said on Tuesday.

iSignthis has strongly rejected claims that its ownership structure is "opaque".

However, it may have had to disclose further details of its ownership to European financial authorities as part of its Electronic Money Institution application.

A document produced by Deloitte to assist clients in applying for a licence with Cypriot authorities advised that legal or natural persons with a holding of more than 10 per cent are required to complete a questionnaire.

iSignthis has an office in Cyprus and its subsidiary iSignthis eMoney Ltd is authorised by the Central Bank of Cyprus.

Shares in iSignthis remain suspended while the ASX and ASIC seek responses to several issues relating to the company.

iSignthis said on Monday the suspension gave it an opportunity to "clear up rumour and innuendo" surrounding the business, and attributed the queries to share price volatility.

Last month, iSignthis declined to explain the nature of alerts set off at Danish bank KAB last year, after a joint investigation by The Australian Financial Review and Danish business publication Børsen revealed that KAB received 26 alerts relating to foreign transfers in and out of the account of iSignthis eMoney.

iSignthis assured the market it "adheres [to] or exceeds" its regulatory requirements.

The alerts related to unusually large foreign transfers and were triggered between June 14 and July 23, 2018; 10 of 14 alerts in June related to payments into the iSignthis subsidiary account and 10 of 11 alerts in July related to payments out of the account.
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lugaville
Posted on: Oct 8 2019, 12:13 PM


Group: Member
Posts: 34

this is cheap into a multi banger gas play in California ... stx look a like IMO
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lugaville
Posted on: Oct 8 2019, 12:11 PM


Group: Member
Posts: 34

CR is a given and soon imo
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lugaville
Posted on: Oct 8 2019, 11:59 AM


Group: Member
Posts: 34

must be more to it for ASIC to come in ??
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lugaville
Posted on: Oct 8 2019, 11:29 AM


Group: Member
Posts: 34

another SFR ??impressive ..good for the junior mkt
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lugaville
Posted on: Oct 8 2019, 10:43 AM


Group: Member
Posts: 34

https://www.sacgasco.com/company-presentations/
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