Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Next Tuesday, GXG Markets shuts down which is terminally bad news for shareholders in the joke lie machine company US Oil & Gas (USOP). Other companies are migrating to ISDX but having been booted off that market already for regulatory failings it seems unlikely that liar in chief wee Brian McDonnell will be welcomed with open arms there. Meanwhile the cash situation is now critical. I fear that the end is nigh for my fellow Irishmen.
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Comments
Mooboy
Final days for the Irish con?
wildrides
Oh praise the masters of the universe …………… the karma is working …………….. the frauds are dropping like flies in agent orange . All we need now is for Jason ( or is it Justin ) Drummond to get a dose for MDC , COMS etc and let good works continue . With a lot of help from Tom naturally .
DUCK AND DIVE
Oh no! I’ll be ruined! DO something!!
Among the many other reasons why USOP can’t qualify for ISDX is their failure to appoint a wholly independent NED – which seems like poetic justice given that wee Brian flew off the handle when one shareholder dared to propose an AGM resolution to appoint an excellent NED a few months ago.
And of course, having been unceremoniously booted off the exchange before ICAP took over from PLUS, then USOP has no chance of being reinstated unless it has fixed the issues it was apparently unable or unwilling to fix on PLUS.
Mooboy
Today is the last day of scam company USOP operating on GXG.
After this, who knows where this utter pile of steaming crap is headed?
Death hopefully, then all the victims can move on with their lives (albeit poorer LOOOOOLS).
DUCK AND DIVE
USOP nomad, Alexander David, managed to transfer a few GXG refugees to ISDX but apparently not USOP. That might have something to do with USOP having been kicked off that exchange in its former guise as Plus Markets. Or it might be due to USOP having no independent NED. Or not enough cash to last a year. Or a twat as chairman-cum-CEO-cum-CFO-cum-Company Secretary.
So USOP is now a zombie – in endless “negotiations” to find funds/JV partners and now also trying to negotiate a listing somewhere. Undead shareholders float around the murky waters of unlisted and unwanted PLC detritus, wondering why their recent GXG “due diligence report” hasn’t given them an instant passport to a regulated exchange. Not that the zombiemeister intends to enlighten them.
They can’t say they weren’t warned.