New World Oil Share Discussion Threads

[greengold58] 07/5/2019 12:57

Hedgehog,

Thanks very much indeed - much appreciated.

[hedgehog 100] 04/5/2019 14:23

Greengold,

Eridge Capital (i.e. ex NEW) have been investing into NTOG (Nostra Terra).
According to a 22.3.19 NTOG RNS, Eridge have recently increased their holding to 6.11% of NTOG -

22/03/2019 11:00 UKREG
Nostra Terra Oil & Gas Company PLC Holding(s) in Company



And the NWOG website suggests that there will be an Eridge AGM soon - the 2018 (sic) AGM.
In this respect, this website recently reported that: "The 2018 AGM will be held before 8 May 2019, with the exact date to be announced at the beginning of April 2019".
However, these dates seem to have been put back.




But there's been no Eridge Capital Ltd. RNS since February 2018:




And there's been no accounts or progress update at Companies House:

[greengold58] 01/5/2019 13:20

Any News??

[football] 14/6/2018 12:51

Yep all six PlusOneCoin are working again and five 5 coins per click

















Strange ring the fourth one in the list the one below paid out twice

[gheebee] 14/6/2018 12:41

Good to speak Mark. Hope it helped.

[mollington18] 11/6/2018 09:16

Hi GheeBee/All

Please could I ask for your help?
I am a small PI and looking to understand what is going on with NWOG after all this time? It appears very complex...

Are we ever likely to be able to recoup money invested?

Are NWOG shares now in another business that we can have access to eg Sell?

Any help welcome by forum posters

Regards
Mark

[gheebee] 24/5/2018 20:41

Hiding in plain sight...


Stateside Energy LLC
CEO
Company Name Stateside Energy LLC
Dates Employed Jun 2016 – Present Employment Duration 2 yrs
Location Oklahoma

Stateside Energy LLC is a small oil and gas company with 4 wells, acreage and production in Kiowa
Peddler Inc.
Founder and Secretary
Company Name Peddler Inc.
Dates Employed Mar 2016 – Present Employment Duration 2 yrs 3 mos

Peddler is a new type of e-commerce marketplace. Stay tuned!
Peddler.com

Ukrainian World Congress
Vice President, Director and Chairman of the Human Rights Committee
Company Name Ukrainian World Congress
Dates Employed Aug 2013 – Present Employment Duration 4 yrs 10 mos

hxxp://www.ukrainianworldcongress.org/index.php/id/350/inner/true/lang/ua
Golden Temple Capital Management Ltd
Founder and Director
Company Name Golden Temple Capital Management Ltd
Dates Employed Dec 2007 – Present Employment Duration 10 yrs 6 mos

www.gt-cap.com
New World Oil and Gas PLC (9NG)
(positions) Founder, Director, CEO, Consultant to the Board
Company Name New World Oil and Gas PLC (9NG)
Dates Employed Apr 2010 – Apr 2016 Employment Duration 6 yrs 1 mo

[gta5] 24/5/2018 15:54

GheeBee, do you know where the Styx' are hiding these days?

[rocka999] 23/5/2018 09:10

I notice this has recently re-appeared in my share dealing account under Eridge Capital

Hopeful all is not lost..............................

[gheebee] 22/5/2018 11:34

New director announced. Eridge board strengthened....

[gheebee] 12/3/2018 15:02

This one isn't private and confidential so here it is:

Yesterday Big Sofa Technologies announced that it has raised £3,000,000 and that it "intends to utilise approximately £0.7 million of the Investment proceeds to satisfy the repayment of the outstanding Convertible Loan".



Big Sofa has not yet indicated whether or not it intends to repay the loan to Eridge early.

Nick and I emailed Big Sofa yesterday and have yet to hear back. Given the Big Sofa share price remains below the current 17p conversion price of the convertible loan our goal is to seek early repayment.


Nick and I continue to make progress on the other initiatives I have mentioned in previous updates. We have meetings in London this week about them. We are nearing the point where we will be able to announce more detail. As soon as we are able to we will.

I'll write another update in the coming weeks,

[popples] 11/3/2018 23:38

Where is the update before end of February? Did I miss it?

[hedgehog 100] 05/3/2018 14:55

02/03/2018 07:00 UKREG Big Sofa Technologies Group PLC Investment by Ipsos and Appointment of Director

… Big Sofa (AIM: BST), a fast-growing international video analytics provider to consumer brands and market research agencies, is pleased to announce that Ipsos S.A. (through its UK subsidiary, Ipsos MORI UK Limited; "Ipsos"), one of the world's largest market research organisations, has agreed to invest approximately GBP3 million in Big Sofa by way of a subscription for 16,402,143 ordinary shares of 3 pence each ("Ordinary Shares") ("Subscription Shares") at a price of 18.5 pence per Ordinary Share for 20 per cent of the enlarged issued ordinary share capital of the Company (the "Investment"). The subscription price represents a premium of approximately 45 per cent on yesterday's closing mid-market share price.

… Prior to the Company's admission to trading on the AIM market of London Stock Exchange plc ("AIM") in December 2016, its subsidiary, Big Sofa Technologies Limited, borrowed GBP0.675 million from Eridge Capital Limited ("Eridge") (formerly known as New World Oil and Gas plc) by way of a convertible loan (the "Convertible Loan"). The Convertible Loan is convertible into new Ordinary Shares at the election of Eridge and, if not converted, is repayable by Big Sofa Technologies Limited on or before 31 December 2018. Big Sofa intends to utilise approximately GBP0.7 million of the Investment proceeds to satisfy the repayment of the outstanding Convertible Loan (including any applicable interest), to the extent it is not converted into Ordinary Shares at the election of Eridge before then. …

[hedgehog 100] 09/2/2018 15:26

Tuesday 06 February, 2018
Eridge Capital Ltd
Result of AGM and BVI migration update
RNS Number : 0713E
Eridge Capital Ltd
06 February 2018

06 February 2018

Eridge Capital Ltd
("Eridge Capital" or the "Company")

Result of AGM and BVI migration update

Eridge Capital is pleased to announce the result of yesterday's Annual General Meeting ("AGM") and provide an update on the Company's migration to the British Virgin Islands ("BVI"). .

AGM result

Resolutions 1, 2, 4 and 5 were passed and Resolution 3 was withdrawn before a vote was taken.

For information purposes, the Company announces that it received the following proxy votes ahead of the AGM:

For + Discretion
Total Votes Cast (excl. Votes Withheld) Holders Voting Votes in favour % Votes Cast
Resolution 1 957,877,876 28 916,535,444 95.68%
Resolution 2 972,877,876 29 966,141,902 99.31%
Resolution 3 972,877,876 29 41,412,432 4.26%
Resolution 4 972,877,876 29 972,877,876 100%
Resolution 5 972,877,876 29 972,877,876 100%

BVI migration

Following the AGM, Eridge Capital will continue to progress its migration to the BVI. The Board expects to provide a further update on this before the end of February 2018.

Once Eridge has completed the migration, the Company will commence the process of issuing new share certificates to existing shareholders of the Company. Certificated shares in the new BVI registered company will be issued to shareholders on a 1 for 1 basis.

For those shareholders who hold stock via a nominee provider, share certificates will be issued to the nominee provider, who will allocate the shares to the underlying beneficial shareholders.

-Ends-

Enquiries:
Ben Turney
Eridge Capital Ltd
Tel. [phone]

[hedgehog 100] 31/1/2018 18:14

Nick Lee has just resigned as a director of PLMO, to spend more time on his other business interests ... which does of course include Eridge Capital Limited (formerly New World Oil & Gas).

31/01/2018 10:37 UKREG Polemos PLC Funding

"... The Board of Polemos also announces that Nicholas Lee, Non-Executive Director, has decided to step down from the Board with immediate effect in order to spend more time on his other business interests. The Board would like to thank Nick for his help and guidance during his time with the Company."

[gheebee] 29/1/2018 23:28

?

Enquiries:
Ben Turney
New World Oil and Gas plc
Tel. [phone]

Nicholas Lee
New World Oil and Gas plc
Tel. [phone]

[hedgehog 100] 29/1/2018 18:12

Monday 08 January, 2018
Eridge Capital Ltd
Notice of AGM, BVI Migration and Corporate Update
RNS Number : 2395B
Eridge Capital Ltd
08 January 2018

08 January 2018

Eridge Capital Limited

("Eridge Capital" or the "Company")

Notice of AGM, BVI Migration and Corporate Update

Eridge Capital is pleased to advise shareholders that the notice of the Annual General Meeting (the "Notice") has now been posted to members of the Company. The Annual General Meeting (the "AGM") of the Company will be held at Jeffreys Henry LLP, Finsgate, 5-7 Cranwood Street, London EC1V 9EE on 5 February 2018 at 11:00am.

Agenda

The resolutions to be proposed at the AGM are set out in full in the Notice.
The ordinary business to be proposed at the AGM is to:

1. elect Nicholas Lee, who will retire as a director of the Company (the "Director") pursuant to article 7.9 of the articles of association of the Company (the "Articles") who, being eligible, offers himself for re-election and whose re-election has been recommended by the Board;

2. elect Matthew Ben Turney, who will retire as a Director pursuant to article 7.3 of the Articles who, being eligible, offers himself for re-election and whose re-election has been recommended by the Board;

3. elect Gary Bullivant, who has been nominated pursuant to article 7.6(b) of the Articles and who consents to act as a Director;

4. receive and consider the balance sheet, profit and loss account and reports of the directors and auditors for the financial year ended 31 December 2016; and

5. re-appoint Jeffreys Henry LLP as auditor of the Company to hold office until the conclusion of the next annual general meeting.

The Board recommends that shareholders vote for Resolutions 1, 2, 4 and 5 and against Resolution 3.

Copies of the Notice and the Company's Annual Report for 2016 shall be posted on the Company's website, www.eridgecapital.co.uk, shortly.

Migration to the British Virgin Islands (the "BVI") and future issue of share certificates

As announced on 28 September 2017, Eridge Capital is in the process of migrating to the British Virgin Islands. The next stage of the migration will commence after the Company's AGM has been held.

Once Eridge Capital has completed the migration to the British Virgin Islands, the Company will issue new share certificates to shareholders.

For those shareholders who hold stock via a nominee provider, share certificates will be issued to the nominee provider.

Corporate Update

The Board is currently working on a number of initiatives to restore value to Eridge Capital. The Board will provide a detailed update to shareholders as soon as it is able and expects to seek shareholder approval at a future general meeting, before taking certain actions.

-Ends-

Enquiries:
Ben Turney
New World Oil and Gas plc
Tel. [phone]

Nicholas Lee
New World Oil and Gas plc
Tel. [phone]

[hedgehog 100] 08/11/2017 18:32

28 Sep 2017 4:10 pm
RNS
New World Oil & Gas Result of EGM and corporate update

"... Corporate update

With effect from Monday 2 October 2017, New World's International Securities Identification Number ("ISIN") will be disabled and the Company's securities will be withdrawn from CREST. The Company will issue share certificates to those shareholders who currently hold their shares in CREST.

Moving forward, the Company will now issue RNS Reach announcements as Eridge Capital Limited. The Company expects to provide an update towards the end of October, as it progresses the migration to the BVI.

Nicholas Lee, Chairman of New World, commented:

"We are very pleased that shareholders have overwhelmingly supported the next steps New World needs to take in order to restore shareholder value. I would like to thank all those who voted and we will provide an update as to our progress at the end of next month." "

[hedgehog 100] 08/11/2017 18:26

Yufff,

AR has actually gone, though as he's sorted the mess out he's clearly not leaving the company in the lurch.

22 Sep 2017 11:30 am
RNS
New World Oil & Gas Directorate Change

"New World Oil and Gas plc announces that Adam Reynolds has resigned as a director of the Company, effective from 19 September 2017 in order to concentrate on his other business interests. The Company's remaining directors are Nicholas Lee and Ben Turney.

Nicholas Lee, Non-Executive Chairman, commented:

"I would like to thank Adam for all of his efforts and assistance in helping the Company through a difficult period over the last 2 years. The Company is now on a much firmer footing and we can now look to an exciting future".

Adam Reynolds commented:

"Despite the difficulties inherited when joining the Board in November 2015, I feel that we have dealt with a number of uncertainties facing the Company. The Company is now well positioned to move forward and I believe that my work is complete. I wish the Board every success in the next phase of the Company's development." "

[yufff] 07/11/2017 21:51

It's a start

We may yet get relisted with Mr Reynolds in control.

Why go to all the trouble of registering offshore

Hopeful

[adred] 07/11/2017 19:20

Thanks for the update yufff.

[gheebee] 01/9/2017 14:59

Well that answers that. There is nothing about the sins of anyone in the circular. In fact there's very little of anything in it. I suppose that was because the lawyers took their red pen to it, at a price of course.

One other little thing. If the meeting was to be convened within 45 days of 18 July, how come it's being held at the end of September? Is that working days or is that the convening circular publication day because if it's not...

Just happens to be 45 days today. The old team did that sort of thing too.

[adred] 01/9/2017 14:37

New World EGM called 28/9, 11am, London to approve resolution of JFSC issue, adoption of articles & move to BVI

[adred] 31/8/2017 16:46

update can be found at nwoilgas.com