Matra Petroleum Share Discussion Threads

[supertedsmith] 31/8/2016 16:13

I would rather lose the lot- considerable lot unfortunately - than sell at that price -But I am sure many others here would jump at the offer .But Bravo for having the guts to want to put your words and belief into action .

[dougal18101947] 31/8/2016 15:48

Superted smith What did you think of my suggestion. I mean Texas is a big oil state and I'm sure that the oil companies don't like their industry having a bad reputation and that bad eggs should be brought to the fore. There must be a paper say in Dallas.

[budgetbond] 31/8/2016 15:02

super, 0.35p? you'll live to regret it...

[supertedsmith] 31/8/2016 11:44

Robby - I beg to differ - I don't use bad language not my style- Budget so you are not buying my shares then - you can have lot at delisted price

[beggarman] 31/8/2016 11:25

A business cannot trade while insolvent. People owed money would have to be paid and the only source of finance is the US company. My point is, do they want to keep the plc company alive or just walk away from it. The amounts outstanding could be close to £500k by now, as the audit fees average around £100k. You may have noticed we no longer have a financial director, it makes me wonder if the 2015/16 accounts will be the last.

[budgetbond] 31/8/2016 11:13

beggar, they can continue to trade even with no cash, all they have to do is submit accounts every year. Matra USA can always loan them some funds providing they intend to keep Matra LN alive

[beggarman] 31/8/2016 10:10

Can we curb the bad language on this board, it's been increasing during the past few weeks'.

[beggarman] 31/8/2016 09:41

By the way there is a rule in business, if you are out of cash you are out of business.

[beggarman] 31/8/2016 09:32

budget - Take a look at Sound Energy, their share price was 5p in April 2014 its now over 60p. They had a change of management like Matra but they have been totally focused on building the business and have been successful, unlike the Matra management.

I wouldn't waste your money buying any more Matra shares, if you look back at the accounts for 2014/15 they had net debt of £ 188k, since then they have held two AGM's, they have the accommodation address to pay for plus Ben Harbers retainer and they will also have to pay for the audit of the 2015/16 accounts. As Matra PLC has no income how do they propose to settle the deficit? They can either transfer funds from Matra USA inc. or put Matra plc into administration.

[budgetbond] 31/8/2016 08:57

gilly, no he hasn't - the silence is deafening. He's busy on a new board getting involved in all sorts of litigious content

I've got the fresh readies available whenever he wants them

He hasn't confirmed that he's ever run a company before either - which is why he doesn't understand how long a fundamental change of strategy to ensure a company survives takes either

[supertedsmith] 31/8/2016 07:55

It shows you struck a nerve and that calm works for them- possibly is vladI would t worry about lawyers etc- just garbage .Ps dos you remove your original post - if so why as I can't see it or did they get advfn to do itSo folks goes to show they are terrified of any publicity .I am talking to people on phone about things so others need to follow Call up papers talk to journalists .

[gilly9] 31/8/2016 07:20

Has he taken budget,s offer???? will we be left in peace????? watch this space folks!!! but dont hold your breath.

[beggarman] 30/8/2016 21:10

Well dougal you must have struck a nerve, it took calm just 23mins. to respond.

[dougal18101947] 30/8/2016 19:10

I have been in Matra for over 6 years and have a substantial stake involved. I was suspicious 3 years ago when they wanted to delist however wasn't much you could do to stop it. Giving them the benefit of the doubt I went along with it as you had to they said they needed to grow the company but could'nt because of restrictions being a listed company. They also said that they hoped to relist in a year. How long does it take to do what they said they wanted to do. Well here we are 3 years down the road. I gave them that year and have sent emails since, not a peep. All you get is a 6 monthly update saying how well there doing and there adding to share holder value. What value can trade, cant get to my money. All I suggested was that some on here are trying to do something however they don't seem to be getting any on the hook. So why not try a little nearer by contacting a newspaper in a smaller/local town. Letting them know of what's going on. Local newspapers look to sell a storey or lead to a bigger national newspaper to make money. Just another way of getting a foot in the door. My apologises if my rant took you back just imagine if I was in front of these b///////

[supertedsmith] 30/8/2016 17:10

Can someone repost the post that irked our resident matra hired hand

[supertedsmith] 30/8/2016 16:32

'Calm' of course your are not vlad are you and your supposed 15m + holding ms here are not freebies given to you are they ?

[supertedsmith] 30/8/2016 16:30

I didn't see waft you posted Doug - Can you repost it please -Ps I wouldn't be worried by Matra employees idle threats or words as taking anyone to court would open can of worms for them which they most definitely do not want

[supertedsmith] 30/8/2016 16:28

DougCalm or to give him his rightful name Matra's spokesperson or posterior licker or hired employee is not to be trusted

[calmtrader] 30/8/2016 16:20

Hi Douggal...i hope you have access to a good lawyer after that post

[dougal18101947] 30/8/2016 15:57

I'm new to site but not Matra. I like the idea of shaming them through the media however has anyone thought of starting with a well known financial newspaper in Texas. Asking them how do they feel about having crooked Russians making money on there door step on American soil. Just an idea you know these small city papers have contacts with the bigger newspapers.