Gulfsands Petroleum Share Discussion Threads

[mr genel energy] 06/1/2017 07:58

sorry wrong board.

[mr genel energy] 06/1/2017 07:58

90p today easily.

[mr genel energy] 05/1/2017 18:10

sorry mr k i did not realise i posted that.


very sorry.

good luck in here anyway.

[mrkeysersoze] 05/1/2017 16:24

Mr Genel Energy - 05 Jan 2017 - 12:06 - 14619 of 14622 - 0gonna leave you guys alone now...-----------------------------------------------------------------------------------At least be a man of your word.There's a good chap.Mr K.

[mr genel energy] 05/1/2017 16:17

mr k please buy genel
you have the midas touch

[mr genel energy] 05/1/2017 10:57

MR K and all the Rampers here this will cheer you up ..as not looking good today we could go RED.

[mr genel energy] 05/1/2017 10:37

YOU HAVE THE MIDAS TOUCH ANYTHING YOU TOUCH TURNS INTO A WINNER!!!!!!!!!!

[mr genel energy] 05/1/2017 10:37

PLEASE PLEASE PLEASE MR K

[mr genel energy] 05/1/2017 10:36

whats the latest on this...


On 13 April 2015 Mahdi Sajjad was removed from his role as the Company’s Chief Executive and on 30 June 2015 he was not re-elected as a Director at the Company’s Annual General Meeting. Mr. Sajjad has brought a claim in the High Court against Gulfsands Petroleum Levant Limited (“Gulfsands Levant”), a subsidiary of the Group, which arises out of his removal by the Board as CEO and termination of his employment. Mr. Sajjad has also brought a claim in the Employment Tribunal against Gulfsands Levant for constructive unfair dismissal based on the same factual circumstances as his High Court claim. In addition Mr. Sajjad also brought a claim before the Lebanese Arbitration Board against Gulfsands Petroleum (MENA) Limited in relation to the branch office in Beirut. The Group is currently engaged in defending Mr. Sajjad’s claims and in pursuing its counter-claim against Mr. Sajjad.

[mr genel energy] 05/1/2017 10:31

keep selling....here

and keep buying Genel Energy.

[mr genel energy] 05/1/2017 10:16

investors realising the following now....


CONCLUSION..the BEAR POINTS.


1)a claim of $2m

2)more funding needed


3)penalties for non-fulfilment of work obligations in Morocco

4)war in Syria

5)when will Sanctions be lifted.


all the rampers go on about is the WAR being over.

and

6)are they being sued by their Ex Boss for unfair dismissial.

[mr genel energy] 05/1/2017 10:16

just look at the SELLS now.

[mr genel energy] 05/1/2017 10:10

MR K ...

I want you to join us in Genel Energy...


please please please please sell your COPL and buy Genel Energy.

am virtually begging you.

you have the MIDAS TOUCH..ie..COPL,EEL.

[mr genel energy] 05/1/2017 10:08

yes whats bothering me is that Genel is cheap and the market makers are taking the mickey.

buy Genel please MR K.

[mrkeysersoze] 05/1/2017 10:01

Mr Genel,The frequency of your posts appears a little disturbing....Something bothering you ?Mr K.

[niceyman1] 05/1/2017 09:59

On the move again! Chart looks interesting! Upside?

[mr genel energy] 05/1/2017 09:49

CONCLUSION..the BEAR POINTS.


1)a claim of $2m

2)more funding needed


3)penalties for non-fulfilment of work obligations in Morocco

4)war in Syria

5)when will Sanctions be lifted.


all the rampers go on about is the WAR being over.

and

6)are they being sued by their Ex Boss for unfair dismissial.

[mr genel energy] 05/1/2017 09:45

there you have it...


the above are all BEAR points.

[mr genel energy] 05/1/2017 09:45

Elsewhere in Morocco, the Company continues discussions with ONHYM to resolve the outstanding issues of potential penalties for non-fulfilment of work obligations,

[mr genel energy] 05/1/2017 09:44

The major shareholders once more demonstrated their continued support for the Company with a $1.9 million mid-market equity placing in August 2016, which should fund the Company's operational costs into 2017. Further capital will be required during 2017, as explained further in Note 2 (Going concern) of this Half-Yearly Financial Report.

[mr genel energy] 05/1/2017 09:42

Claim by Al Mashrek Group in Syria



Al Mashrek Global Investment Ltd ("Al Mashrek") has filed a claim with the Courts in Damascus, Syria, against Gulfsands Petroleum Levant Limited (incorporated in Cayman Islands) ("GPLL") and the Syrian registered branch of GPLL on the grounds that Al Mashrek was not properly notified of the Open Offer completed in January 2016 and hence lost the opportunity to subscribe for new shares in the Open Offer and as a result Al Mashrek's equity was subsequently diluted.



The Court of Appeal of Damascus has issued an order of provisional attachment on GPLL's moveable and immovable assets, including GPLL's share of Block 26, to secure Al Mashrek's claim of an amount of Syrian pounds equivalent to US$2 million.