Zenith Energy Share Discussion Threads

[1nf3rn0] 21/6/2012 07:52

Wow, £127K + 3% of not very much over 6 years.

£4m cash to keep themselves on the payroll for a bit longer.

[duncandisorderly] 21/6/2012 07:39

Yeah right Steg,I wouldn't call 4 million plus royalties plus additional patents f/a.
It might well drag another few bidders out of the woodwork if anything.

[pjj71] 21/6/2012 07:24

Up Up and Away..

[duncandisorderly] 20/6/2012 17:42

Lol .yes mate,let's hope so.If I was talking about the wife it would of been post 666.

[pjj71] 20/6/2012 16:52

Duncan- the last post of the open market was your 888, now the Chinese would say that bodes v.well ;-)

[duncandisorderly] 20/6/2012 16:26

Christ! it's 32% up and nobody is saying f*8k all.ADVFN haven't even put it on the leaders board.Come on fellas,we were all moaning about it going down 32%.They must of done some sort of deal,surely.

[bobby.ifa] 20/6/2012 14:39

I'd set your dogs on Cleaver!

[duncandisorderly] 20/6/2012 14:38

Well the mid price will look better if this holds.I'm off to walk the dogs now so perhaps this will help things as we all know what you say about a watched kettle and all that....

[duncandisorderly] 20/6/2012 13:28

I'd become a trappist monk if these things got me in profit but seeing that's about 40p b/e I don't think I would have to worry about it.

[pjj71] 20/6/2012 13:22

yes, hard to get exceited given how far under water i am with these.. still better than yet another gap downwards.

[joeblogg2] 20/6/2012 11:44

Good for you john. Faith is very important!!!

[joeblogg2] 20/6/2012 11:31

Not getting excited as need over 7p to b/even.

[joeblogg2] 20/6/2012 11:05

I have e-mailled but no reply's and normally he does. Probably fed up with my moaning!!

[a.fewbob] 20/6/2012 10:54

Has anyone phoned/e-mailed Simon to ask what is going on. I know that he can't say much but it would be good to show that PIs are getting a bit miffed with zero progress. I don't think it would be un-reasonable to have some kind of strategy laid out which doesn't involve allowing the company to go bankrupt while we hope someone actually sells something.

[pjj71] 20/6/2012 10:49

no news = good news as the old saying goes! although lets hope zenergy isnt the exception to the rule! i wonder where all that monthly cash burn goes though, clearly not in sales commission!

[duncandisorderly] 20/6/2012 08:29

Day by day,week by week,etc.I give up with this one!

[pjj71] 19/6/2012 09:12

Lets hope its not too far away..

[duncandisorderly] 19/6/2012 08:23

They must of done a deal by now.Give us something...........anything ffs.

[duncandisorderly] 18/6/2012 08:43

Well it looks like the dairy farmer Cleaver and co. are milking yet another weeks wages at our expense.

[pjj71] 16/6/2012 19:34

Interesting read from the court papers of the prosecution in Canada this week

[pjj71] 16/6/2012 19:33

As the weeks and months go by the market makers make a fortune with these huge percentage spreads but the net aggregate naked short positions become astronomical from all of this activity. This leads to some apprehension amongst the co-conspiring MMs. The predicament they find themselves in is that they can't even stop naked short selling into every buy order that appears because if they do the share price will gap and this will put tremendous pressures on net capital reserves for the MMs and margin maintenance requirements for the co-conspiring hedge funds and others operating out of the more than 13,000 naked short selling margin accounts set up in Canada. And of course covering the naked short position is out of the question since they can't even stop the day-to-day naked short selling in the first place and you can't be covering at the same time you continue to naked short sell.

What typically happens in these situations is that the victim company has to massively dilute its share structure from the constant paying of the monthly burn rate with money received from the selling of "real" shares at artificially low levels. Then the goal of the naked short sellers is to point out to the investors, usually via paid "Internet bashers", that with the, let's say, 50 billion shares currently issued and outstanding, that this lousy company is not worth the $5 million market cap it is trading at, especially if it is just a shell company whose primary business plan was wiped out by the naked short sellers' tortuous interference earlier on.

The truth of the matter is that the single biggest asset of these victim companies often becomes the astronomically large aggregate naked short position that has accumulated throughout the initial "bear raid" and also during the "cellar boxing" phase. The goal of the victim company now becomes to avoid the 3 main goals of the naked short sellers, namely: bankruptcy, a reverse split, or the forced signing of a death spiral convertible debenture out of desperation. As long as the victim company can continue to pay the monthly burn rate, then the game plan becomes to make some of the strategic moves that hundreds of victim companies have been forced into doing which includes name changes, CUSIP # changes, cancel/reissue procedures, dividend distributions, amending of by-laws and Articles of Corporation, etc. Nevada domiciled companies usually cancel all of their shares in the system, both real and fake, and force shareholders and their b/ds to PROVE the ownership of the old "real" shares before they get a new "real" share. Many also file their civil suits at this time also. This indirect forcing of hundreds of U.S. micro cap corporations to go through all of these extraneous hoops and hurdles as a means to survive, whether it be due to regulatory apathy or lack of resources, is probably one of the biggest black eyes the U.S. financial systems have ever sustained. In a perfect world it would be the regulators that periodically audit the "C" and "D" sub-accounts at the DTCC, the proprietary accounts of the MMs, clearing firms, and Canadian b/ds, and force the buy-in of counterfeit shares, many of which are hiding behind altered CUSIP #s, that are detected above the Rule 11830 guidelines for allowable "failed deliveries" of one half of 1% of the shares issued. U.S. micro cap corporations should not have to periodically "purge" their share structure of counterfeit electronic book entries but if the regulators will not do it then management has a fiduciary duty to do it.

[duncandisorderly] 15/6/2012 12:06

Sorry,"Knows".Trying to do two things at a time.Not good for us blokes.