Matra Petroleum Share Discussion Threads

[rodneyfoster] 04/6/2019 11:52

Alex OHave you sold ?If not why not ?What do you make of trading ?Not looking great .Note how the board have all resigned having been absolved of any responsibility for anything .What exactly have they all done for their salaries these past 7 years ?

[rodneyfoster] 31/5/2019 00:18

Looney Disagree with you completely .Warrants Expenses Salaries The whole selling of assets in Russia , delisting and move to US and then relistOdd most odd

[looneytune] 30/5/2019 19:34

There is no money in the Company, it’s loaded with debt. Max would lose out big time. He did not earn as much as you think. He messed up good & proper.

[alex ostrovsky] 30/5/2019 19:14

List in pecking order
Secured creditors with a fixed charge
Preferential creditors
Secured creditors with a floating charge
Unsecured creditors
Shareholders

[rodneyfoster] 30/5/2019 18:55

Someone clear this up for me .Am I right in thinking small shareholders are bottom of list if receivers are called in to pay off debts

[rodneyfoster] 30/5/2019 18:53

You are all missing something here They have lost nothing .Been very well paid .Warrants Expenses Day of AGM were totally exonerated any responsibility for debts .All evident when Vlad guy running things disappeared from scene when relisted . They have had their investment back and far more .Did they asset strip company in salaries warrants expenses.?Was it orchestrated from beginning ?I can't answer that - no one can but we can ask .In all probability they are far far better off than when they got on board But they have not broken any laws according to the strict letter of the law .Sadly all that I spouted and was harangued for has turned out to be true As far selling of Russian asset yonks ago I have to say as I said at time didn't make sense .In sense that nothing was revealed .Is it worth buying now - yes as massive risk but no one else seems to be - why not ?However if you look at sells it's mostly small amounts and so private holders .Begs question why no hovering up of shares .I may buy in tomorrow So be warned not good sign .Last thing this happening in 2019-Unbelievable

[bit coin] 30/5/2019 07:12

Superted was right all along, this has been one big Ponzi from the start when Barsteward disposed of the Rushki assets without full disclosure of the buyer, the price and where it was spent.

my commiserations to you all but that's aim at its nastiest!

[looneytune] 29/5/2019 21:48

No one could’ve possibly known what was going on. No one!! It’s a slight calculated gamble.
Barskiy gambled and got it wrong.
Don’t think Matra will call in receivers.
Stay tuned!

[alex ostrovsky] 29/5/2019 19:35

Superted
Got to agree with Mike, I have not always agreed with you negativity, but with a lump in my throat , you are and have been correct.
How in your view does the end game play out, obviously the company has some value.
How will it work if it goes under. (receiver called in everyone gets a fraction of a fraction, or something else)
I would love to get a hamburger at least for my 80K

[looneytune] 29/5/2019 17:20

I doubt this will be allowed to fail. Clearly Barskiy was out his depth, made bad decisions and has to go. The lenders will take it over and either put in a management team or merge it. Too many have too much to lose! The difficulty is Rovello being the largest single shareholder!

[mike2042] 29/5/2019 16:45

Supertedsmith: that is the smartest thing you've written in nearly 7 years.

[rodneyfoster] 28/5/2019 17:17

Highly probable this will fold However still worth a punt at these-prices.100k would cost around 3kCome 12 June lose the lot or get 500% return

[haroldthegreat] 22/5/2019 23:37

I am not very bright please explain how a company runs without any directors as none are standing ???????

[bam bam rubble] 22/5/2019 22:58

All's not lost, MD Max Barskiy is "evaluating the current situation and alternatives".

There exists a small window of opportunity to continue screwing ordinary shareholders.

[alex ostrovsky] 22/5/2019 19:00

Stevie.
It does not even matter anymore, this dog is worth virtually nothing.
Still trading I suppose, but I gave up hope with this shower some time ago.

[steviedoesit] 22/5/2019 12:55

General meeting tomorrow i wonder how that will work out????

[woodpecker25] 15/5/2019 12:08

I thought you can offset losses for capital gains tax purposes, but not income tax. IMO selling assets has no impact on income tax calcs.But, I'm no expert, check with an accountant!

[amont92051] 15/5/2019 12:04

Sam

I have previously written off losses against tax for another stock bought on AIM.

I am not sure about these though as they are now not listed on AIM, you will need to ask HMRC or your accountant I would think.

[sam15802] 15/5/2019 10:41

Bought MTA on AIM many years ago. I now hold my remaining shares with iweb and share.com said I could sell through them. I'm not interested in making much back on these(just as well considering the price) my question for all of you still here is.... when I realise the capital loss in these by selling them can I write that loss off against income tax in this financial year on my tax return - does anyone know for sure? I've read in many places conflicting advice on whether shares bought on AIM are eligible for this?

[pokerdude1] 05/5/2019 06:40

Would have thought he would have made a statement either way on what’s happening to this dog