Mac Sell Mereenie for More Shares in CTP?

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    Means this is the clever way to get effective control of our company and Mac can then ditch the current directors and put in their own people and all the while keep the share price down as they control it. This is the easy way to get effective control and the shareholders get nothing except a low share price and Mac in full control.
    Of course our illustrious board can do this as a deal with Mac and give them hundreds of millions of shares for their share of Mereenie field then Mac rewards the directors handsomely and they leave a lot richer and zero for shareholders...

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    Would our Board do that to us? Of FN course and in a heart beat !!!

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    These are the games that can be played by the directors and we saw Mr No Comment do exactly that

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    So easy to put CTP in hands of Mac and give them effective control of our company and our scumbag board walk away with all their pockets lined

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    Here is the director trick. They say Mac wants to sell their 50% of Mereenie and our Directors say it’s the right thing for the company to do to own 100% of Mereenie. They say what a great asset for us to supply gas to east coast and make so much money. The purchase they will say fits our portfolio.
    Now of course this is all true BUT the sneaky badt’ds Won’t tell you that by issuing all these shares to Mac to buy it without doubt gives Mac EFFECTIVE CONTROL of our company.

    Another words they can do what they like with the company as they have Board Control (all their own people) and effective control of whole company through their large share numbers.

    They do not ever have to make a TO offer for CTP as they already control it.

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    Mac wins, CTP directors win, and CTP shareholders lose!

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    You as a share holder had better hope that CTP NEVER get to own 100% of Merrnie.

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    Could it be the reason that the Ex Chairman was made/force to leave or resign.??

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    Well that is another way of making sure that no one can ever sack any members of the current BOD's and knocking back the Remuneration Reports either, let alone pushing through what they want and when they want.

    What did I say about methods in someone's madness.?

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    And what did happen with Nexus and it's priceless O&G fields.?

    How much money did the Nexus Shareholders receive for their shares.??

    ZILCH, NOTHING and big fat ZERO.

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    ...and who buddy do the Nexus shareholders have to thank for that? It’s always the same ending....look at his track record of destruction....like a line of tombstones...and he is absolutely not smart enough to make it look less conspicuous...

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    The media will tear him apart and it wouldn’t surprise me that his mental illness has much to do with his failures which are just based on endless lies, greed, and deception at any cost

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    The first time I met him had a long chat... his lack of intelligence and incoherency were so stunning I was wondering it this was who I was suppose to meet. He came to meet me not for the reason the meeting was set up. Then I knew he was a deceptive lying bast’d out for personal gain. He was as dumb a director as you could possibly meet with no finesse and speaking as though only what he said mattered....ie what you could understand ...as he just rambled so much off the topic that is was clear he was deficient and the meeting was a waste of time as he was a waste of space....then the poor shareholders got what I saw from him right between their eyes....

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    Why don't you tell us how many Directors aren't there for their own personal gains..?

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    That’s an easy one. 3 names come straight to mind. The first is...John Heugh and the second is...John Heugh....and to be sure, the third name is John Heugh. He was thrown out of CTP with only 3 million shares and no options if I am not mistaken, and he was the guy that put the company together and floated it on the ASX and when times were tough he took crap jobs outside the industry just to survive while he kept trying to get it listed and he did this over a period of many years until he finally got it over the line. Then the scumbag leeches pushed him out when they found oil. He and only he can make claim for being on the side of the shareholders and always took your calls. All we have today are scumbags period
    I am not JH but know him well enough to say this...

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    6 million shares I think he had before consolidation.
    Unfortunately, IMO, share holders were misled by the BOD with the "promise" of a repeat performance of Cottee's QGC outcome .
    I think this is where Cottee also said CTP was in same situation as QGC, so could be repeated.
    So, no matter what JH said, share holders were hoping for the second lightning strike and even the initial nominations for the new BOD, were also fooled by potential company outcome under Cottee, so they also allowed Cottee to start his ROT.

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    Let’s be clear...The shareholders were conned by deceptive directors with smoke and mirrors for personal gain and they taught us just how big a mistake we made believing their lies. How is it possible the sole FOUNDER of CTP was stabbed in the back by a handful of corrupt directors and the very shareholders who JH stood by since day 1, allowed him to be assassinated in plain view of everyone at a Shareholders meeting??? Was that because of a simple minded group who represented shareholders were sucked into it all thanks to our former Chairman who started it all???
    Now the current minion directors given their jobs by chief con artist himself Mr No Comment, are still in charge of running CTP and being promoted to the very top of the Company at every opportunity.
    Everything they say and do is just for their self interests and the BS organized smoke and mirrors Range report made to look good so they could issue themselves options and plan their get away, was effectively the same maneuver of there’s earlier to rig the valuation of the companies assets to be significantly lower for the Mac Takeover so they could benefit from that.

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    It was a case of, in hindsight, "if it appears to be too good ... " etc, regarding Hasko putting up Cottee, with what he could do for CTP share holders, to offset/counter the nominated alternative directors.
    And as far as Cottee's gas plan that we were not told about initially, ... his personal agenda, ... that should have been in parallel with other O&G exploration, not all eggs in one basket for his gas deals.
    And his $1m sale of coal discoveries without much info given to share holders, that may now be worth a motza if associated gas exists.
    Who actually owns that now ?

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    ""# He came to meet me not for the reason the meeting was set up. Then I knew he was a deceptive lying bast’d out for personal gain. #""

    He is a Lawyer is he not.??

    That is all that matter IMO.

    Say no more.

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    I think you should do some better research before saying what you are Truth4ume. Period.!!

    That is how things can come back and bait you in the proverbial arse mate. And it looks lime it is heading in that way mate.

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    I did/wrote three more posts but they disappeared . I must have written something which someone didn't like.

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