Tomco Energy Share Discussion Threads

[riverdiver] 10/3/2012 09:09:15

brabazon3 - 10 Mar'12 - 08:15 - 7094 of 7096 (Filtered)

Unbelievable - he was plotting to disrupt a thread with a new avatar on Xmas Day!

[brabazon3] 10/3/2012 08:15:43

Oil Shale

oil Shale is neither oil nor gas;

in fact, it doesn't contain oil at all.
It is kerogen, or fossilized algae, locked in shale rock. The
technologies necessary to develop oil shale are unproven
and fundamentally different from shale oil and shale gas
technologies.

[brabazon3] 10/3/2012 00:18:17

Oil Shale

oil Shale is neither oil nor gas;

in fact, it doesn't contain oil at all.
It is kerogen, or fossilized algae, locked in shale rock. The
technologies necessary to develop oil shale are unproven
and fundamentally different from shale oil and shale gas
technologies.

[brabazon3] 10/3/2012 00:08:46

skiboy10 has come to help his thick as pig sh@t pal emart - but all too late I fear!.

Their lies and ramping have been fully exposed and not before time!

[brabazon3] 10/3/2012 00:01:14

rmart - 9 Mar'12 - 19:04 - 7086 of 7086


still going on about BLM land brabazon3/harrissen.

Its old new you numpty. TOM and Red Leaf are not on BLM land... Yawn...... !

dimwit
dunce
numpty
harrissen
brabazon 3

all the same really.

........................................

Old news my foot!

It was published 7th March numbskull!

We have listened to your lies and false rumours for the past six months and where has it got you and the investors who swallowed you nonsense?

You are still too stupid to figure out air and water pollution is indiscriminate and does not just affect BLM lands it affects all licences in the Uinath basin - no matter who owns the land!
Federal laws on pollution are in force here dimbo the town hall laws don't count!.

[rmart] 09/3/2012 19:04:02

still going on about BLM land brabazon3/harrissen.

Its old new you numpty. TOM and Red Leaf are not on BLM land... Yawn...... !

dimwit
dunce
numpty
harrissen
brabazon 3

all the same really.

[lukeisbackontrack] 09/3/2012 18:44:11

janyboy9 - 9 Mar'12 - 11:56 - 7079 of 7082

I will buy 5 million of you at 1.25 but thats only if you will ever be able to afford that many!

[cuthbert cuthbertson senior] 09/3/2012 18:06:19

Must say the share price has held up remarkable without Komloser at the helm. on wards and upwards.

[brabazon3] 09/3/2012 12:58:14

ccs, The way the Brown shares are held would be a worry for me.
The trust can do what they want so long as it is in the interest of the benefactors including shorting and loaning out the TOM shares to shorting companies or individuals. Income must come for the benefactors from somewhere and trusts who invest in growth companies will trade when ever possible to create income whether it be short or long.

[cuthbert cuthbertson senior] 09/3/2012 12:34:51

It was I that first said Komlosy must go, and finally he has! for sure he was kicked out Chris Brown gave him his head knowing full well that the truth will out, and out it came he had to be pushed after the it was discovered the deal he done with barclays on his shares.

Brown was probably worried how much more was going to come out of the woodwork, so much for MENSA a word of advice never under estimate the oposition!

Shortly with time we shall see this company go forward without Komlose and hopefully Skiboy and Wright have now lost their favoured position for information, and the shareholders are now on a level platform Rmart your choo choo is aproaching platform 10.5 so all aboard for the ride you have been waiting for.

F

[janyboy9] 09/3/2012 11:56:17

......... DUE A DROP I THINK ................

[brabazon3] 09/3/2012 11:50:22

Kenglo One Limited / Baccata Trustees Limited - Report RE purchase of common shares and warrants of Galantas Gold Corporation

/CNW/ - On June 8, 2010 Kenglo One Limited (Kenglo), Third Floor, Conway House, 7-9 Conway Street, St. Helier, Jersey, JE2 3NT, acquired 21,000,000 units (each a Unit) of Galantas Gold Corporation (Galantas) from treasury at a price of $0.05 per Unit (the Acquisition). Each Unit consisted of one common share in the capital of Galantas (each a Galantas Share) and one common share purchase warrant of Galantas (each a Galantas Warrant). Each Galantas Warrant is exercisable into one Galantas Share upon payment of an exercise price of $0.10 per Galantas Share at anytime until June 8, 2012.

Kenglo is wholly-owned by Benbrackk Charkit Limited (Holdco), which is wholly-owned by the BBCK Settlement Trust (the Trust), the trustee of which is Baccata Trustees Limited (the Trustee), which has control or direction over the Trust. The address of Trustee is as above. The beneficiaries of the Trust are Christopher Brown, his issue and his remoter issue.

As a result of the Acquisition and assuming the exercise of the Galantas Warrants, Kenglo acquired the right to exercise control or direction over 42,000,000 Galantas Shares, being 18.10% of the issued and outstanding Galantas Shares as at June 8, 2010 and being the only securities of Galantas owned or controlled by Kenglo. The Acquisition formed part of a larger offering of up to 50,000,000 Units of Galantas (the Offering). The first tranche of the Offering closed on June 8, 2010, pursuant to which Kenglo was the sole investor. It is expected that the second tranche of the Offering will occur following receipt of shareholder approval at a special meeting of the shareholders of Galantas to be called for the purpose of approving the Offering. If Galantas proceeds with the second tranche of the Offering, Kenglo intends to acquire an additional 24,550,000 Units from Galantas, however, has not signed an agreement with Galantas committing to the purchase.

Kenglo may, depending on market and other conditions, increase or decrease its beneficial ownership, control or direction over Galantas Shares or other securities of Galantas through market transactions, private agreements, treasury issuances, exercise of convertible securities or otherwise.


...................

"Kenglo is wholly-owned by Benbrackk Charkit Limited (Holdco), which is wholly-owned by the BBCK Settlement Trust (the Trust), the trustee of which is Baccata Trustees Limited (the Trustee), which has control or direction over the Trust. The address of Trustee is as above. The beneficiaries of the Trust are Christopher Brown, his issue and his remoter issue.

Kenglo may, depending on market and other conditions, increase or decrease its beneficial ownership, control or direction over Galantas Shares or other securities of Galantas through market transactions, private agreements, treasury issuances, exercise of convertible securities or otherwise"
,,,,,,,,,,,,,,,

Kenlo can do more or less what they want with TOM. As a private company they can do what they like with the shares including short TOM.
With this lot on board and DOUGIE also a major, heaven help the poor old PI with his/her pension pot invested in this menagerie is all I can say!

[brabazon3] 09/3/2012 11:41:54

Kenglo One invests £1.35m in TomCo



14 December 2009 @ 03:52 pm BST




Kenglo One is investing £1.35m in TomCo through the subscription of 200m shares at an average price of 0.676p apiece.



Kenglo One has also agreed, subject to certain conditions, to subscribe for £2m of additional shares at an early date at 1.5p per share and to underwrite at 3p per share a further placing of shares to raise £2m when TomCo returns to AIM.

TomCo said John Ryan, Howard Crosby and Gerard Thompson have resigned from the board while Stephen Komlosy had stepped down from the post of chairman and had been appointed chief executive.

Kenglo One has the right to appoint a new non-executive chairman.

Komlosy said: "We are extremely pleased with this arrangement with Kenglo One Ltd which will form the basis of our overall financing strategy and offers TomCo the opportunity to return to AIM and to focus on the early development of its extensive oil interests."
................................



Kenglo One

Wholly-owned by Braccata Trustees Ltd, a financial services provider based in the tax haven of Jersey, Kenglo One has "extensive interests in the global mining industry" [MJ 7 October 2011].

In 2010 it put £1.9 million into Conroy Diamonds and Gold to support its Clontibret gold prospect in Ireland [GrowthInvestor 22 April 2010]; and acquired 9% of Scotgold Resources Ltd (active in the Grampian mountains area of Scotland). In December 2009, it issued a US$5 million promissory note to Witts Basin Precious Minerals Inc (active in South Africa).

In October 2011, Kenglo raised its holding in TomCo Energy plc (exploring for shale gas in Utah) to 34.95% [Oil Voice, 20 October 2011].

Kenglo also also owns 19.3% of AIM and TSX-listed Galantas Gold Corp, with an option to increases its share to32.4%. Galantas has rights to the Omagh gold mine in northern Ireland which was previously in the fiefdom of Rio Tinto [MJ 7 October 2011].

Resistance to this mine - both locally and nationally - became intense during the nineteen eighties, almost certainly contributing to the London mining giant's decision to sell it in 1990 [1]

[fumanchuchu] 09/3/2012 10:53:23

Here's the scenario of what I think has really happened.

This is on par with Petrel and Horgan doing the constant sales pitch of getting big oil field contracts in Iraq. SK did just that and sold this mighty pipe dream to investors about their Utah acreages and how this pioneering process will result in monetising of these acreages in such a short period of time. Shareholders fell for it, including the soon to be signficant holders. One has to remember all the rose tinted emails SK replied to holders before Nov and after... how they would be releasing significant RNSs soon.... one followed by another. Very familair to Horgan ... same fanciful outlooks.... but devoid of realism. Shareholders on the rose tinted board fell for it.. hook, line and sinker.

Well CB & co have realised everything is not materialising as according to the pitch that SK had sold them... and with SK paying himself >£120k in salary, they were left wondering WTF has tangibly progressed since floatation.... and where's all the good news that was going to hit the screen late last year and early this year.

So IMO SK got the chop as things are not panning out to expectations and timelines are not going to plan.

[fumanchuchu] 09/3/2012 10:25:56

devon... LOOK at the accounts released yesterday you twit. It says they have enough money for the next 12 months from the date the accounts were signed off. Hence that includes ALL the money they have now, including the GEM conversions.


By financial year end THIS year.... they wont have enough working capital for the NEXT 12 months (2012/2013) - so they will HAVE to raise more money in order for the auditors to sign off the accounts for the year ended Sept 30th 2012.

Get it fool ?

[cuthbert cuthbertson senior] 09/3/2012 10:22:11

Does this mean skiboy 10 will resign too?

[devon12] 09/3/2012 10:12:56

FUMANCHUCHU - you are so thick its laughable - how much did they get from GEM and which years accounts will it show up in? But ofcourse you know that but it doesnt suit your story - peopel are never as suopuid as you think. But you thinking they are makes you more stupid. time for filter number 3