Simba Essel Energy Inc SMBZF

RE:RE:SETTING UP A GROUP OF SHAREHOLDERS

[kevster70]

Sorry but I no longer hold a single Simba share now..I had a good year on the UK markets and was facing a large tax bill so I sold all these over a 4 month period to offset some of it with the losses here.. It just didn't make financial sense to keep holding when I had the chance to make the stock work for me financially..If I would have had any confidence I would have held but that has long since disappeared as soon as I realised we were been suckered and Essel had no intentions of following through with finance..It wasn't a easy decision even then because I had been a holder for years and invested a lot of time and money but sometimes you have to admit that it's gone wrong...I still don't know why they bought into Simba in the first place tbh..

[mram]

Very true Kevster.. But they gave Simba a longer lease on Life--------- From April 2015 to whenever it ceases to croak!!!  lol Essel not only Committed US$250M on JV but Gagan bought too many PP shares for debt consolidation Debts that Dinning had incurred.... amd was not able to get funds via PP any longer I am also pretty sure that the Millions of shares that Dinning owns were in leu of