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Guerilla Investing

Tag: YA Global

  • Nostra Terra Oil & Gas. Abandon Ship. It’s out of control!

    Just when you think life at the disgraceful Nostra Terra Oil & Gas (LON: NTOG) couldn’t get any worse yesterday they announced a keep the lights on placing for £500,000 part of that embarrassing  ‘barrel scrap’ is being raised through the Teathers crAp oops sorry the Teathers App. What that should tell investors is that Nostra Terra is ‘out of control’.  The current Board of directors are a joke. Where is the independent oversight from the Board? Having to go cap in hand to a busted Company for a bail out placing!

    Placing

    I’ve consistently warned people that they were after a placing. Indeed it was this site that exposed their last cack handed placing that cratered Read HERE. You know the one where Lofgran said; “A placing of new stock was in contemplation on 17 February 2017 but that the board of Nostra Terra has decided now not to proceed with the placing”  the truth of that was this. They couldn’t raise the cash because there was no appetite and the share price had gone below the placing price. It blew up!

    Leaking of Inside Information

    It’s blatantly apparent from yesterdays drop in the SP prior to the after market close RNS that NTOG is being influenced by well known Pumpers & Dumpers. Matt Lofgran, a man who has deceived investors for years and even loaned HIS stock to YA Global to short his own Company to the detriment of his own share-holders, has lost control of the Company. That drop in SP was a leaking of inside information on the placing. It should be investigated.

    When a CEO, who is mired in controversy, has to rely on such desperate measures as using an online App to raise cash, at a discount and throw warrants in to pull them out of the financial cess-pit to keep the lights on for another 3 months then the end is nigh folks…. 12 people used the App! Who were those people? P&Ders! It is bankrupt morally and even more importantly close to financial ruin. There is very little left in the kitty. It is close to Bankruptcy. Where has all the money gone? £500K will get them another 3/4 months before they have to raise capital yet again at a discount. Investors have lost count of the amount of placings this POS has done. The figure in pounds sterling must be in the tens of millions. The erosion of value here is running close to 90% post consolidation which doesn’t take into account the previous dilution over 7 years. It is horrendous. It is a scandal. The regulators should step in and close it down.

    The Egyptian Nightmare.

    Image result for mummified corpse
    NTOG Investors Sucked Dry!

    The failure of Lofgran to inform the market that production from Egypt has halved is yet another pointer as to the duplicity of this Company. That is market sensitive news that should have been released months ago. It is deliberately being with-held to keep their share-price up. Nostra’s 25% East Ghazalat production has more than halved from 220 bopd to approx. 100bopd. No revenue whatsoever has come from Egypt. The Chinese operators are claiming drilling costs that by far exceed any revenues owed. Nostra Terra are in Default.

    Bomb Shell

    However it’s only going to get much worse. News has reached me that shareholder cash has been used to pay online known internet Troll/s to deliberately attack their own share-holders who have a right to question the omnishambles that is Nostra Terra. This is absolutely disgusting! Share-holder money is being used to attack their own share-holders. I have contacted NTOG and the parties involved via email. Their failure to respond speaks volumes. I will give the Company and the parties involved till Monday 24th of April 2017 to clarify exactly what has happened. If no reply is received then I will drop the bomb and expose all.

    Anyone holding stock in this POS should cut and run and get as far away as is humanly possible before the next P&D and the next placing.  Protect your cash, take a loss now as it’s only going to get much harder to exit. I see no value whatsoever other than shell value. Their liabilities and historical losses by far out weigh the market cap’. 1p is generous.

    Abandon Ship!

     

    Viva!

     

    Dan

  • The Nostra Terra Oil & Gas CEO Shorting Scandal. FCA Investigating.

    The Nostra Terra Oil & Gas CEO Shorting Scandal. FCA Investigating.

    loginAs most of you already know Nostra Terra Oil & Gas (LON; NTOG) CEO Matt Lofgran is now mired in a shorting scandal. That scandal in a nutshell is thus;  Lofgran borrowed money from Yorkville (Known Death Spiral Shorters) to buy shares. Having bought the shares he then lent some of them to Yorkville. Yorkville shorted those shares using the CEO’s loaned stock and when they closed their short positions returned some (but not all) of the shares back to Matt. The shares which Yorkville kept they sold and ML didn’t have to repay the loan he took out. Not one single penny came from Lofgran.

    At the time of the shorting Lofgran was heavily promoting NTOG. Knowing full well that Yorkville/YA Global were shorting them using his ‘loaned stock’. At the time of the warrant exercise Lofgran stood to make close to £1,000,000. In the RNS of  7th October 2013 Lofgran again lied to the market, which declared an increase in Lofgran’s holdings of 83,956,296 when in fact his holding had decreased by 71,043,704. You can confirm that HERE  Loaning 155,000,000 shares then getting back 83,956,296 shares isn’t an increase in your holdings it is a DECREASE.

    There are other details / strands to the story not highlighted above, but in a nutshell ML facilitated and was complicit in the shorting of NTOG for his own personal financial gain to the financial detriment of shareholders. You can read the facts HERE That makes his position as CEO UNTENABLE. He has to RESIGN.

    Now some where along the line over the last few days, Nostra Terra contacted Tom Winnifrith or TW contacted them. In their attempts to spin their way out via a damage limitation exercise. It matters not who initiated. Listening to Tom’s bearcast yesterday, on ShareProphets which you can HEAR HERE. It became apparent that TW had not cross-referenced the evidence against Lofgran before coming out to back him. He had taken the word of NTOG/Yorkville as the truth. After an email string of 28 emails between myself and Winnifrith the penny finally dropped. He now has some of that evidence. I have written confirmation from the FCA that Yorkville/YA Global placed those shorts and that those shorts were LIVE. Whoever from Nostra and Yorkville it was that tried to mug Winnifrith off with lies regarding the Yorkville shorts should take note.

    A pissed off Tom Winnifrith is not a man any tiddler on the AIM casino can afford. Lying to cover up lies never works. Winnifrith is far more adept and experienced than myself at exposing corruption.

    Shareholders should be under no illusions, these are gravely serious matters and ones which require due attention by the relevant authorities. 

    Contravention of Directors’ duties:
    The nature of the transactions / events are in contravention of the legal and fiduciary duties which the director(s) involved have toward the shareholders of the company.  I refer in particular to (but not limited to) Sections 171-177 of Companies Act 2006.  

    Further, and for the avoidance of doubt, it is considered that the CEO had established ‘special factual relationship’ with the shareholders in this case.  It is apparent he held a duty of disclosure of material facts to the shareholders and that he had an obligation to use commercial and financial opportunities, which had been acquired by him in office, for the benefit of the shareholders, and not to prefer and promote his own interests at the expense of the shareholders.  

    It's all happening here.Prior to the provision of the personal loan, YA had signed a SEDA with NTOG. It is understood that because the market price had subsequently fallen below floor price per the SEDA agreement, YA was unable to execute on the SEDA. The Loan Shares were used instead as a mechanism to enable YA to secure NTOG equity, leading to their shorting the stock.

    The apparent misalignment of the interests of ML with those of the shareholders. ML made personal gains (he profited from being able to exercise warrants because of the finance provided by YA, who in turn profited by using the shares he provided to destroy company and share holder value) whilst the share price dropped c. 30% during a year in which the oil price increased c. 20%;

    Share holders are now calling for an RNS from Nostra to do what they have been trying to do behind the scenes and that is to explain exactly what went on. Winnifrith has now asked for the Company to issue a statement and inferred that if the facts are as set out then Lofgran has to Resign. I have to tell investors that no RNS or statement will come. Because Nostra/Lofgran would have to impugn the integrity of the FCA. In other words they would have to call the FCA liars. The facts are crystal clear. Yorkville/YA Global placed shorts on Nostra using the CEO’s ‘Loaned Stock’ Lofgran made huge personal financial gains and was complicit in that shorting, furthermore Lofgran yet again deceived the market in the Holdings RNS of 7th October 2013.

    In my experience, when CEO’s are exposed for malfeasance within their Company they will twist and turn at every opportunity to try to deflect away from that malfeasance. Which is exactly what’s happening right now.

    There will be no RNS because Lofran cannot get the FCA to lie. And it is only official FCA confirmation that counts, such as the official FCA confirmation that I have in my possession that confirms that Yorkville/YA Global placed those shorts and those shorts were LIVE.

    Resign immediately Lofgran. It’s not going away.

     

    Viva

     

    Dan

  • The Nostra Terra Shorting Riddle Explained For The Benefit of Tom Winnifrith.

    imagesCAVNLEF3 (1)It would appear that the dirty tricks now being deployed by Nostra Terra Oil & Gas (LON: NTOG) to wriggle off the shorting hook has sucked in Tom Winnifrith. News has reached me that shareProphets has backed Matt Lofgran the embattled CEO, who has been caught with his ‘shorts’ down and as TW says if true has to RESIGN. Would this be the shareProphets that’s taken tens of thousands of pounds in ‘fees’ from the said company for presentations, donations? You take the Company shilling you sing the company tune.

    Once again poor Tom has been spoon fed utter shite from Nostra and here’s why.

    YA Global Master SPV, Ltd NOSTRA TERRA OIL & GAS CO GB00B067H256 0.00 2012-11-13
    YA Global Master SPV, Ltd NOSTRA TERRA OIL & GAS CO GB00B067H256 1.09 2012-11-12
    YA Global Master SPV, Ltd NOSTRA TERRA OIL & GAS CO GB00B067H256 0.88 2012-11-08
    YA Global Master SPV, Ltd NOSTRA TERRA OIL & GAS CO GB00B067H256 0.77 2012-11-07

    The above are HISTORICAL SHORT positions DISCLOSED on the FCA website as of today, yesterday and when they were declared in 2012. You’ll notice that each short position has increased. Those short positions were held at the same time as Yorkville/YA Global, one in the same company, held 150,000,000 million shares loaned to them by the Nostra CEO, Matthew Lofgran. Yorkville are notorious known Death Spiral shorters.

    It’s quite simple to resolve. Nostra Terra should release an official RNS after contacting the FCA telling the FCA why those SHORT positions disclosed by the FCA are wrong, stating that at no time whatsoever did Yorkville/YA Global hold ANY short positions in their company. Then explain to the market and the FCA just what in God’s name the Yorkville/YA Global short positions DECLARED on the official FCA website are? They’ve been there for 3 years. Extremely difficult to find but there none the less. Are we to believe that Nostra never knew of their existence?  Is it all a Bobby Ewing shower moment? Are we to believe that Lofgran loaned 150,000,000 million of his shares to known market shorters just because he liked them? Pray tell us Mr Winnifrith? Or is it a case of ‘Occam’s razor’ which is thus. The most logical and simplest explanation is the truth?It's all happening here.

    Or maybe a drunken official at the FCA or Yorkville after having a slice of Tom’s delicious pizza, lost the plot, not once or twice or three times but four times over a period of six days made fraudulent SHORT DISCLOSURES miss-leading the market in 2012…

     

    I eagerly await the RNS.

     

    Viva

     

    Dan

     

     

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