Victoria Oil & Gas Share Discussion Threads

[iceagefarmer] 23/10/2022 16:34

hopefully suspension lifted soon

[dannythelark] 23/10/2022 13:05

I have no doubt YOU are a fraudster!

[dannythelark] 23/10/2022 12:27

Kevin Foo you lying, thieving dirty brastard!

[sparty1] 21/10/2022 15:41

De listing or extra time and penalties? I mean the BOD should put you long termers out of their misery.
Times up!

[biggie3] 19/10/2022 14:09

Phoenix rising?

[sparty1] 18/10/2022 16:19

looks like LSE board have abandoned ship... 8 years too late..er no 12 years too late.

[dannythelark] 17/10/2022 19:00

Sorry I should have said a lying frukin thief…….

[dannythelark] 16/10/2022 20:27

What a frukin mess This brastard Kevin Foo made covering up all of his fraud. He’s a frukin thief!

[sparty1] 15/10/2022 11:47

man1
They owe 10mill to kev plus new award to grimm and do not make a profit.They have development plans..Where is all the money coming from?Giving assets away in settlement?Shareholders assets by the way!
Desperate measures to keep the company alive so noses can stay in the trough and shareholders get?...same as always. Sweet FA.

Have they asked for an extension? They will only get it if they can prove this debt issue is in hand.
I can see what`s left of company after this latest debacle going private. No extension means that anyway!

[iceagefarmer] 15/10/2022 02:58

yes..its not over until the fat lady sings

[man1] 14/10/2022 17:31

I thought the last operational updated stayed they were in the throws of hopefully concluding a financial settlement with an updated rns later this month.

[dannythelark] 12/10/2022 19:06

Dusty, honestly I have no idea because it was such a mess being covered up with another mess purposely a lot through offshore companies and cash in suitcases. It’s my belief the amounts that stolen are eye watering!

[sparty1] 10/10/2022 22:36

Stole Danny`s virginity I reckon ...

[dusty101] 10/10/2022 20:44

How much did he thieve then Dannythelark!

[dannythelark] 10/10/2022 20:14

Kevin Foo is some brastard!!!!!

[deutsch4] 10/10/2022 17:57

How many claimers and counter claimers can you fit in an old defunct gas well? - It seems a priority to try and find out.- maybe if there is some room left top up with a few lawyers and and so called regulators - Happy Days!

[biggie3] 10/10/2022 17:25

Suddenly there is talk about a second claim from an ex-consultant.
In the Netherlands you need a second or support claim to apply for and receive a bankruptcy. How about in the UK?




Consultant Litigation

The Company is in dispute with a former consultant (the "Counterparty") regarding whether any remuneration is due for services allegedly provided in Cameroon from 2010 and directed at obtaining various licences and authorisations for the Company. This matter was first disclosed in the Annual Report and Accounts for the year ended 31 December 2016 ("2016 Accounts").
In the 2016 Accounts, the Company reported that certain commercial royalties were subject to legal proceedings ("2017 legal proceedings") which were initiated by the Company. The 2017 legal proceedings included a substantial counterclaim advanced against the Company. In 2019, the Company elected to withdraw its 2017 legal proceedings due to the apparent financial weakness of the respondent, as he was unable to pay his share of the deposit requested by the ICC ahead of the arbitral proceedings. Consequently, the counterclaim was not pursued by the Counterparty at that time.
In February 2021 the Counterparty initiated an ICC arbitration claim against the Company ("2021 legal proceedings") in respect of the same subject matter and therefore in substantially the same terms as the counterclaim in the 2017 legal proceedings. In defending the 2021 legal proceedings, the Company noted that once again the Counterparty appeared to be unable to pay his share of the deposit on the dates prescribed by the ICC. The Counterparty was therefore at risk that the 2021 legal proceedings would be struck out. The Company notes that payment of the Counterparty's outstanding deposit was made, and the virtual arbitration took place last week. The arbitration ruling is currently expected before the end of the year.

[dusty101] 10/10/2022 10:29

How much did Dik steal. As if he didn’t know what was going on.

[dannythelark] 09/10/2022 20:11

How much do you think Kevin Foo stole out of this company?