Frontera Share Discussion Threads

[tickboo] 19/10/2018 09:08

In June's RNS it was stated $265,000 a month over 12 Months which is $3.18m.

[tune player] 19/10/2018 09:06

I’ll ask again

WSHAK

Even you can’t be so stupid as this, to make it easy I’ll refer to a tax repayment situation so you may understand....

A person doesn’t pay enough tax they’ve been caught out hook line and sinker...

They plead alsorts and finally come up with a resolution that fits all parties

1) pay it all off in a lump sum

Or

2) pay the same amount over a longer period of time with no added interest or penalty.

Pick one WShak and then being as honest as you can tell us had you been offered this deal to repay the tax money you owed which one you would have taken??

[wshak] 19/10/2018 09:05

kirtonender9,

The default notice that YA issued was for $2,650,000.



If, using your figures, FRR are now going to pay them $3,244,900, then they are paying a large penalty, for the delayed payment schedule, are they not?

[bumpa33] 19/10/2018 09:04

The original was $2.65m

[kirtonender9] 19/10/2018 08:59

The way I read the RNSPayment commences 1 November 18 and continues until 1 April 19 of $64900Thats a total of $389400 (6 months). Then 3 months of $149600 until 1 July 18 making $448800. Then one final payment of $2141700For a total of $3244900Which is 2% more than the original $3180000.

[fulhamjohn] 19/10/2018 08:52

WShak
19 Oct '18 - 08:19 - 21780 of 21797

WShathispants,

You have no credibility on here any more. Lying about the amounts due hoping no-one has the gumption to add up the numbers. Same as you hoped to do in your attempts to defraud the taxman and therefore the British Public. YOU ARE A LIAR AND A TAX CHEAT AND NOT TO BE TRUSTED.

FJ

[tune player] 19/10/2018 08:49

Sorry investors I’m on a rush hour tube and it’s packed...

I’ll ask again

WShak,

Even you can’t be so stupid as this, to make it easy I’ll refer to a tax repayment situation so you may understand....

A person doesn’t pay enough tax they’ve been caught out hook line and sinker...

They plead alsorts and finally come up with a resolution that fits all parties

1) pay it all off in a lump sum

Or

2) pay the same amount over a longer period of time with no added interest or penalty.

Pick one WShak and then being as honest as you can tell us had you been offered this deal to repay the tax money you owed which one you would have taken??

Ta

[tickboo] 19/10/2018 08:46

WShak, ether you're doing it intentionally to mislead or you're making an error. Look at the numbers again if it's an error.The MMs agree it was YA hence they marked it up this morning. I'm sure Outrider and Mr Hope are in a pickle too.

[tickboo] 19/10/2018 08:43

Looking at the schedule it's the same number, not sure what you're looking at?

[tune player] 19/10/2018 08:42

WShak,

Even you can’t be so stupid as this, to make it easy I’ll refer to a tax repayment situation so you may understand....

A person doesn’t pay enough tax they’ve been caught out hook line and sinker...

They plead alsorts and finally come up with a resolution that fits all parties

1) pay it all off in a lump sum

Or

2) pay the same amount over a longer period of time with no added interest or penalty.

Pick one WShak and then being as honest as you can tell us had you been offered this deal to repay the tax money you owed which one you would have taken??

Ta

[tune player] 19/10/2018 08:41

A person doesn’t pay enough tax they’ve been caught out hook line and sinker...

They plead alsorts and finally come up with a resolution that fits all parties

1) pay it all off in a lump sum

Or

2) pay the same amount over a longer period of time with no added interest or penalty.

Pick one WShak and then being as honest as you can tell had this been offered to you to repay the tax money you owed which one you would have taken??

Ta

[mick1909] 19/10/2018 08:37

Original agreement = 12 payments $265,000 = $3,180,000New agreementInitial payment $265,000 made in July5 payments $64,900 = $324,5003 payments $149,600 = $448,8001 payment $2,141,700265,000+324,500+448,800+2,141,700 = $3,180,000so the same amount

[tune player] 19/10/2018 08:37

WShak,

Even you can’t be so stupid as this, to make it easy I’ll refer to a tax repayment situation so you may understsnd..

[mick1909] 19/10/2018 08:37

Stop lying

[wshak] 19/10/2018 08:35

tickboo,

If YA were in the wrong, why have FRR agreed to pay them significantly more for a longer payment schedule?

Also, what does that say about the trainloads of oil that are supposedly being stacked at the moment?

[tickboo] 19/10/2018 08:32

I think we can all agree that YA was in the wrong hence they agreed to the new schedule. My money is the Mr Hope and Outrider are also on the wrong side of regulations and will be looking to secure a deal too. They'll obviously withdraw the notices served too.

[buffskins] 19/10/2018 08:31

please close this thread.. beggars belief

[loglorry1] 19/10/2018 08:27

If the T wells are doing even 300boepd on test then they'd have loads more than 65k a month to pay YA.

If they are not then they are screwed. All their spare cash such that it is will now go to YA then a year after its cleared a massive $36m due to Outrider.

[tune player] 19/10/2018 08:23

WShak has no credibility when it comes to adding stuff up and then repaying it..

He has form for tax evasion so I’d take any of his adding up with a bucket full of salt....

[satanslave] 19/10/2018 08:22

share price Rocketing now!
+ 5% !..
yer. .you really sorted YA out clone. .
is that the best of your negotiating skills ?
Bwahhhwaaa

[mick1909] 19/10/2018 08:22

 A shares will be redeemed commencing 1 November 2018, on a monthly basis, for which the Company will be making cash redemption payments to YA of US $ 64,900 per month up until 1 April Why have you included oct???

[mick1909] 19/10/2018 08:20

Original agreement = 12 payments $265,000 = $3,180,000New agreementInitial payment $265,000 made in July5 payments $64,900 = $324,5003 payments $149,600 = $448,8001 payment $2,141,700265,000+324,500+448,800+2,141,700 = $3,180,000so the same amount