Coro Energy Share Discussion Threads

[helpfull] 01/9/2020 13:36

Well. The towel has been well and truly thrown in at Coro. Always interesting to see how this type of share is wound up. Hibernating until next March when an interest payment is due and then the repayment of the loan. Some shareholders might think all will be well when the Duyung asset is sold. The truth is that there is nothing for shareholders. Parsons and friends will take their pint of blood in the form of remuneration while they can. It is what they do. The life and shareholder value has been removed and a rotting carcass remains. There is a stink about everything Parsons touches. There is no shame. That massive cash pile highlighted by the good doctor is probably not there now. Especially with the loss making and unsaleable Italian assets sucking the remaining life out of the body. Be careful.

[digger2779] 01/9/2020 13:03

Taking a 95% pay cut would bring them down with a hefty bump.

[brookemia] 01/9/2020 12:59

We’ll still get you👮‍♂️ԁ04;‍⚖5039; BOD..and existing 🤥MANAGEMENT🤥 Ms Dees🕵️;‍♂ʊ39;

trellis35
Posts: 2,696
Price: 1.862
No Opinion
JP and Coro RNSToday 12:07
I will not be commenting on Sound as previously mentioned, BUT- interesting that Coro have changed their registered office to a firm of specialist energy lawyers Watson,Farley and Williams, who include dispute resolution and insolvency among their areas of expertise👨‍⚖️

[currypasty] 01/9/2020 12:21

Id like to see their salaries take a hammering in line with the shareprice

[currypasty] 01/9/2020 11:45

Coro Energy plc, the Southeast Asian focused upstream oil and gas company, announces that it has today changed its registered office address to c/o Watson, Farley, & Williams LLP, 15 Appold Street, London, EC2A 2HB.


cost cutting ?

[allinforabigprofit] 01/9/2020 09:41

Unfortunately a defence of Good Faith, was entered in the book and all given a pardon. :)

[brookemia] 29/8/2020 00:17

brookemia28 Aug '20 - 16:32 - 553 of 553 Edit
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Maybe the first step in the lancing of the boil👩‍⚕️ is for Graham Lyon to get rid of 🗣Sarah Dees💃 the mouthpiece for🤥Pinocchio Parsons and to remove from Sound one of the last-remaining appendages of the former corrupt 🤥BOD🤥; 🤷‍a94;️

This would-only to a degree-appease LTH’s

[currypasty] 26/8/2020 13:16

10% of the mcap of the whole company..

[ride daice] 26/8/2020 12:37

I've just been reading the annual report. In 2019 James Menzies received a total remuneration of $558,000. I am flabbergasted.

[brookemia] 26/8/2020 10:49

Final day in the trial of Sound ex-CEO Jaes🤥Pinocchio Parsons, ex-Chairman
Marco-tHe Mobster-Fuming Alli, and Ms Sarah-the Fixer💃Dees.

Mr P.Canna. prosecuting QC, has asked 🤥Pinocchio, if he has no regrets over misleading Investors, by issuing RNS’s that we’re materially false in terms of volumes of gas reserves. He further suggested this was at complete odds with Sound’s own Geoligist’s expert testimony.🤥Pinocchio looked stunned and after composing himself, he argued that despite their “knowledgeR21; he knew different at the time and was disappointed that these people did not toe the Company line.

He stated that if they had gone along with his “interpretations” of reserves, they would be as comfortably well off as him and Marco-the Mobster, instead of looking for employment🤥

Mr P.Canna, advised that 🤥Pinocchio, had also lied to Investors at seminars over the structure reserves, and 🤥Pinocchio replied that it would have been suicidal to tell the truth🤥 and his and others lifestyles would have been at risk.

Mr P.Canna was visibly moved by this complete disregard for punters, and accused 🤥Pinocchio of absolute contempt for shareholders, and that 🤥Pinocchio had gone on to do the same to other Investors in Coro, Echo, Nuog etc, 🤥Pinocchio replied, that it was a winning formula, rinse and repeat, I’m a deal maker, it’s in my DNA🤣

Mr Canna agreed, but said the deals were only for 🤥Pinocchio and his trusted coterie of friends.

Pinocchio, scornfully replied that he never, ever said the deals were for the benefit of shareholders🤷;‍♂ʊ39;

Mr Canna, in summation said that he hoped the jury would consider the effect that the lies and corruption-perpetrated by 🤥Pinocchio, the Mobster, and the fixer💃-had affected the shareholders, bringing misery, family breakdowns, and destroyed the trust that Investors had in British Companies.

🤥Pinocchio, rolled Back the sleeve cuff of his £5000 Saville Row suit, checking the time on his £20k Panerai watch, expressing his boredom at this charade😴

Justice👨R05;⚖️Richard, called the Court to order🗣and addressing the jury, advised them that they must decide if the overwhelming amount of evidence levelled against the trio was factually true. They had listened to ex-colleagues, employees and experts.

They had seen former colleagues turn Queens evidence, and if they believed the evidence before them, then they must convict these fraudsters, and that he would accept a majority decision and he asked the jury to retire....

The jury has returned to a hushed a courtroom, after only seven minutes deliberation, was this a record in British legal history, whatever the decision was, it must have been overwhelmingly unanimous.

Marco-the Mobster, flashing his 5000w teeth to the jury in an -all too late-attempt to sway them, 🤥Pinocchio, brushing an imaginary bit of fluff-no not Ms Dees, -off his sleeve, and The Fixer💃 for once in her life, looking concerned.

Justice Richard👨R05;⚖️ Looking visibly tired after this marathon trial, asked the jury if they had agreed a verdict, The foreman said “we have your honour” nervous faces looked for a sign of the verdict.

How do you find defendant James🤥Pinocchio Parsons, the foreman replied guilty on all counts your Honour

How do you find defendant Marco the Mobster, the foreman replied guilty on all counts your Honour

How do you find defendant Ms Sarah-The fixer💃Dees, the foreman replied guilty on all counts your Honour.

The Courtroom erupted, Marco the Mobster apoplectic with rage, issuing threats against the jury, 👨‍b78;️Judge Richard and Mr Canna QC.

Ms Dees, was uncontrollably sobbing-unable to fix this💃

🤥Pinocchio Parsons was frozen to the spot, mouth wide open, like a corpse
the normally suave showman unable to digest this apocalyptic moment

👨‍b78;️Judge Richard banged his gavel repeatedly, but at it having no effect, he uncharacteristically rose from the bench shouting order, order, order‼️

After a few minutes, with the help of bailiffs👮205;♂️order was eventually restored

👨‍b78;️Justice Richard addressing the jury, thanked them for their time nd excused them from further jury service for life.

Turning to the defendants, Justice👨R05;⚖️Richard said that he had never in his life experienced fraud on such a scale, sheer wanton greed💷and deception🤥on a scale designed to exploit some of the most vulnerable, with no thought for the consequences or after effects that their corruption might have on their victims.

There were no extenuating circumstances, for any of the defendants , save for the fact that they were seduced by the very plausible dreams of untold riches peddled by 🤥Pinocchio Parsons.

To 🤥Parsons, 👨‍b78;️Justice Richard, said he had no thoughts or concerns about a investors families, nor indeed his very own family, who would now be subjected to relative penury, as he would be seeking a Confiscation of Assets order against the three defendants, he further sentenced 🤥Pinocchio to the maximum prison term allowed within the sentencing provisions of 18 years.

🤥Pinocchio was crestfallen, shattered, his phoney empire broken into a hundred pieces, rapidly evaluating/anticipating any further actions- inside prison-by relatives of defrauded Investors.

Justice👨R05;⚖️Richards, sentenced The Fixer💃 and Marco the Mobster to thirteen years-again the maximum provided for under existing law.He chastised them both, and said that prison would give them time to reflect on their heinous crimes😔300;

Justice👨R05;⚖️Richard-seemingly very refreshed and flourished, and with an almost imperceptible smile☺️bellowed to the bailiffs👮205;♂️👮‍ϓ4;️ “ Take them down”

[blueblood] 25/8/2020 12:38

Bloody hell a trade 65 must be the $ value we will get from asset sale!

[grannyboy] 24/8/2020 16:26

Can't see any trades in these today.

[ride daice] 24/8/2020 15:54

I think there is a very slim possibility that the board of CORO might know what they are doing. On this basis I've had a small punt which in the success case will pay for a couple of holidays, some power tools and titanium implants should my teeth fall out.

[grannyboy] 24/8/2020 14:35

Looking into several companies thread's, there is a lot of posters coming across as desperate and people are grabbing at every little titbit no matter how immaterial to ramp their chosen share.. It's like people are in a rush to monetise before Armageddon arrives in the form of second wave of NWO inspired fear induced covid virus lockdown!!

[brookemia] 24/8/2020 13:49

Day five in The Court of Public Opinion, where The Crown vs James🤥Pinocchio Parsons, ex-CEO, Ms Sarah Dees-aka The fixer💃 and Marco Fuming Alli.

All other defendants have turned Queens, and were aghast at Justice Richard advising the jury that these criminals would face custodial sentences due to the gravity and sustained period they defrauded the Public.

Marco Fuming Alli -without his jailed heavies, having been sent down for contempt) is being cross-examined by Mr P.Canna QC.

Is it correct you are a “front man” for dubious characters in Italy Mr Fuming Alli asked Mr Canna.

I am a legitimate businessman in Italy with big “Family” connections replied Marco, in a voice that would charm the birds from the trees

Mr Canna continued, asking the source of the “loans that he had provided Sound”

We are family Sir, and we being family men, like to spread the happiness around.

Mr Canna asked if there were soms illegal aspects to the arrangement secured between him and James🤥Pinocchio Parsons.

Fuming Alli replied, that Mr Parsons came well recommended by “The Family“ and Italian loan sharks,-sorry I mean money lenders corrected Marco.

Mr Canna continued, asking if these loan arrangements did not seem punitive, to which Marco replied, that they have expensive overheads, Ferrari’s and expensive offices.

Mr Canna enquired as to the reason they had closed The Italian Office and relocated to Malta, Marco replied it was for him and Pinocchio to know only, and the little shareholders would not understand.

When asked about Pinocchio’s
29317; financial pedigree, Marco said he was unaware
🤥 Pinocchio had a dog.

The public gallery erupted, and Justice Richard brought the Court to order, and Marco flashed his dentistry once again, resulting in Justice Richard, having to cover his eyes momentarily from the megawatt lightning strike.

Composure restored,Mr Canna probed Fuming Alli as to his financial share dealings, suggesting that all was not in order, and was it true he had more Sound shares that he had RNS’d to the authorities, and was he aware that Pinocchio🤥 was advising Investors about their shares being “Golden tickets” worth 4 figures, and more, but selling down his own holdings at the same time.

Marco replied, how do you say in English” Pinocchio🤥 has the gift of the gab, and might be a little over enthusiastic.

Mr Canna suggested it was morally disgraceful, and that before he was asked to leave because of “dubious”; practices, that Pinocchio🤥- aided by Ms Dees- the fixer💃- had systematically removed al, evidence of this and other incriminating evidence from The Company website, and this must have been approved by BOD members.

Marco said he did not understand these things, only loans and it must have been administration errors by The Fixer💃

If it was illegal-he agreed-she should face her punishment🤦‍♂️;

Mr Canna asked how Marco could be on the BOD of so many Companies, when it appeared there were insufficient NED’s to ensure regulations were being adhered to,

Marco replied that it was Pinocchio’s responsibility, but he was clever dude like that, and he spent a lot of time with The Company Solicitor, who was permanently stationed at Sound HQ.

He added it was Pinocchio’s idea, because there was so much going on and that Pinocchio🤥 thought it advisable because too many questions were being asked about the way Sound was looking dodgy.

Justice Richards called lunch recess as he remarked that this trial was beginning to look very murky indeed.

The case continues.....

[currypasty] 24/8/2020 13:42

Ive tried to sign up.. seems to be free, just waiting confirmation email


perhaps not, this article is in paid section, $350 for a month

[blueblood] 24/8/2020 13:01

Thanks to Saf on EME board. GSA for Duyung signed off by Conrad. Asset sale just got whole lot closer. News not out by RNS yet.https://www.petromindo.com/news/article/sembcorp-to-offtake-mako-gas

[brookemia] 22/8/2020 13:00

brookemia22 Aug '20 - 08:21 - 544 of 544 Edit
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Day 4 of the trial of ex-CEO James🤥Pinocchio Parsons, Chairman Marco Fuming Alli and
Sound 💃”Fixer” Sarah Dees.

Former employees “Fat Malcy” Graham-Wood/Dennan/Argent/Mitchenor and Traynor have turned Queens evidence in a bid to be discharged, however Justice Richard has warned them they face custodial sentences due to the gravity of their crimes.

The court was dramatically -and voluntarily- hushed into silence when The Italian Mob led by Fuming Alli arrived in court, sharp-suited, wearing overcoats and shades😎with the burly minders🦍9421;🦍Ԏ21;surrounding their “Capo” like a phalanx of Roman Centurions.

The jury-open mouthed- could only gasp😩㈷0;at the menacing sight before them, and started murmuring in hushed tones.

Justice Richard-in an attempt to restore order-banged his gavel😄 and called “Order”

This brought a smile from Fuming Alli- revealing a blindingly dazzling smile😁from what must have been £20,000 of the finest dentistry😬

One of Fuming Allis gorillas🦍 reached to take his boss’s overcoat, only to drop a stiletto-shaped€481;article on the floor.

Justice Richard👨R05;⚖️ asked the bailiff👮R05;♂️ to bring it to him, and after examination asked “what is the meaning of this Mr Fuming Alli” he replied “Judge it is a letter-opener” simply that Judge.

Justice Richard👨R05;⚖️ asked the bailiff👮R05;♂️ to immediately lock all exits, and search the overcoats and jackets of The “Mob”

To the astonishment of the open-mouthed jury, four further plastic-looking stilettos🗡 were discovered

Justice Richard👨R05;⚖️ enquired of Fuming Alli if he was expecting a lot of mail, to which The “Capo” treated the jury with another blinding smile from his exquisite dentistry😁 which surpassed even that of the entertainment mogul
Simon Cowell😬

Justice Richard👨R05;⚖️ ordered the 😎😎😎😎 “Mob” to be taken to the cells, individually, for contempt, and warned Fuming Alli that he would-along with his entourage🦍🦍🦍9421;-face charges of possession of offensive weaponry, advising the jury, that these weapons were of a composite nature to avoid detection, by the Courts alarm systems, this drew gasps from all within the courtroom🤦‍♂️😱🤦‍♂️

The case continues........

[helpfull] 21/8/2020 14:07

Noticed in the EME final results that there were no updates on the progress of the touted Duyung sale. EME sold about 6,000,000 Coro shares it received from the Coro but in to Duyung. Quite astute. I wonder why they had little faith in the long term future of the Coro share price?

[steelwatch] 19/8/2020 18:31

Hopefully, something may emerge in the half year report next month.