Others have long gone, because they didn't trade while insolvent.
They say the best way to predict the future is to look into the past.
Coho Energy... A larger corporate collapse on the US Stockmarket.
Who were the clowns in charge of that corporate nightmare????
Oh its the same Clowns running Marion.
Jeff Clarke and his brother Keri, PC, and formely Alan Edgar Who is Keri Clarke... If you don't know that you had better get down and do some research.
The company has once again failed to lodge its gas production figures with Utah Oil and gas. The Injection Well volumes have also not been lodged. Basic reporting, is continually violated by this company.
As shareholders if they had met their legal obligations to lodge their gas production figures on time we would have a far greater understanding of what is going on.
Shareholders should insist that production figures are lodged on time.
They have not told the Utah government or the ASX what their production figures are.
I believe that would probably constitute a breach of ASX rules for continuous disclosure. The fact they have raised cash without disclosing production figures in breach of their lease agreement, makes the issue all the more serious....
Coho Energy Mark II
MAE Price at posting:
1.5¢ Sentiment: Sell Disclosure: Not Held
