Mattias231 Posted - 1 year ago

@YellowFarts @SheDrills RECAF never disclosed any data after initial claims of discovery. They kept claiming data were property of Namibian government. Presumably they shopped the results until a Dutch company said something semi positive. When short sellers exposed them stock lost 50-69% and with last dry well another 80%. RECAF was total fraud from the get go. RECAF capital was used to buy RNSFF. RECAF executives were biggest shareholders at $RNSFF. After the buyout Steinke and other crooks promptly sold for tens of millions worth of shares on the pretext of tax bill. Shareholders were left with bags.

Mattias231 Posted - 1 year ago

@TONYL0SS @CrapSh00t That insiders did not sell in the summer of 2021 is pure lie. They disposed of all the shares they acquired through acquisition of $RNSFF. Remember Steinke was largest shareholder of $RECAF and CEO of $RNSFF. That was an outright scam to transfer money from $RECAF shareholders to insiders. For that scam to work stock has to be pumped. And pumped it was from less than a $ to $11 in about a year. In fact from $0.25 in April 2020 to $11 in July of 2021, a remarkable 44X increase with no oil discovery of any kind in 15 months. That is extraordinary fraud.

Mattias231 Posted - 1 year ago

@TriGGaH He received cash payment of $1.6M for supposedly consulting plus the warrants and options. He sold the warrants. This was in addition to many millions of dollars he received for his otherwise worthless $RNSFF shares.

Mattias231 Posted - 1 year ago

@FluffyAlpaca $RNSFF had no money, Steinke had 30M+ shares. 30M shares he got by selling RNSFF Bostwana license he obtained from RECAF essentially for free. CFO of )RNSFF and $RECAF was the same crook, so not only he knew Steinke was swindling RECAF but he also knew Steinke was swindling RNSFF. He was very well rewarded for playing along. Then Steinke, who was CEO of RNSFF and biggest shareholder of RECAF had RECAF pumped, and made a $110M equivalent buyout offer to $RNSFF. RECAF ended up paying Steinke alone $15M to get back the license it sold him for 150K. RNSFF had no money. Money was raised by private placement of RECAF. The PQE management was just a crooked. I am reserving judgement for new CEO and CFO. The difference is PQE is primarily as technology company. There is no discovery risk, there is only execution risk. Its current market value is 1/10th of RECAF’s. So at this point it has a lot less risks if management is ok. There is a clear path forward if execution is ok.

Mattias231 Posted - 1 year ago

@Dollarslaveclub @tnynex13 so what happened to 5M? Those 1.5M shares are the ones he scammed through $RNSFF fraud.

Dollarslaveclub Posted - 1 year ago

@ND84 @KTown33 @Mattias231 $RNSFF ? @EquitytheGrouchLee123 if i had 5000 shares what's the conversion of that to Recaf? TIA

Mattias231 Posted - 1 year ago

@KTown33 just look at insider selling in the last 20 months, both $RECAF ans $RNSFF. They have been milking investors for years.

Mattias231 Posted - 1 year ago

@gts451 Once the flow numbers are in no one will give a shit to those idiots. $PANR has real oil.Just a matter of execution. $RECAF is a truly disgusting company. The oil show news were used in May 2021 to pump the stock and buy $RNSFF at 20X inflated price. Biggest shareholders and BoD of $RNSFF are Steinke, Eskendar and others who are in control of RECAF. It was self dealing that generated over $50M net profits for these crooks. They then turned around and sold all those shares after a second pump in August under the guise of paying tax obligations. Yes, $RECAF is fraud.

Mattias231 Posted - 1 year ago

$RECAF No body buys a petroleum system. This is not a horse. You either have commercially producible oil or you don’t. STEINKE and Eskander have deposited tens of millions of investors money by hyping RECAF, self dealing by using investors money to buy their shall company which was almost bakcrupt at the time, $RNSFF, for over $100M while paying themselves additional consulting fees. They used smoke screens to sells tens of millions of $worth of shares to finance their luxuries. $RECAF has not produced a single drop of oil, have not found a single well worthy of flow testing. They hide data from investors an just lied and lied. This is a scam, game over. Steinke and Eskander belong to jail.

NCCCCJ Posted - 1 year ago

@yuratowel $RNSFF, know there's a name I've not heard in a long, long time...

yuratowel Posted - 1 year ago

$RECAF over here like gimme that $RNSFF cost basis before announcing several billion dollars worth of deals.

rexmagi Posted - 2 years ago

$RNSFF f

Pampatrader2 Posted - 2 years ago

@Kramer90 I did. Made enough money with $RECAF and $RNSFF (already absorbed by RECAF) to pay off my mortgage. I will be forever thankful to the 2 stocks! I regroup again from scratch March April but on another price $3+ Much smaller position but present in my portfolio. I did bought RNSFF too but when it reached .48 sold it all and switched the cash to $EEENF. If EEENF move fast will then sell there and buy more RECAF. Switch lanes but going to the same place.

miketag98 Posted - 2 years ago

@thebin just taking some profits. My $RNSFF converted so there is plenty there. If it wasn’t going to see 12, that Maleki guy would not have taken that deal.

DRM56 Posted - 2 years ago

$RNSFF Now come the meddling posts asking why people are still viewing and posting on RNSFF. The RNSFF police.

EquitytheGrouchLee123 Posted - 07/31/21

$RNSFF FINALLY!

rainbowman808 Posted - 07/31/21

$RNSFF f

treefroggy Posted - 07/30/21

the rotten wankers charged me a $38 fee (on each of three accounts) to transfer $rnsff to $recaf

Maxburgess1 Posted - 07/30/21

$RNSFF finally converted! 34 for my 760 rnsff 🤘🏼

L_R_Brain Posted - 07/30/21

$RECAF $RNSFF Ticker changed and shares converted on TDA! Now just waiting for Schwab 👊

Pampatrader2 Posted - 07/30/21

$RECAF ///////////////////////////////// $RNSFF IS NOT LISTED ANY MORE ////////////////////////////////////////// GONE! ////////////////////////////////////////// Next... Supersonic to double digits...

NCCCCJ Posted - 07/30/21

$RNSFF My RNSFF now showing as a grey icon on Fidelity and listed as "ROE:CA" Let's go RECAF!

dahmersaurus17 Posted - 07/30/21

@Diamond_hands_42069 as good as it gets would have been $RNSFF OR $RECAF

EquitytheGrouchLee123 Posted - 07/30/21

$RNSFF RNSFF went to zero on Etrade. Can't wait till mine convert over to RECAF and RNSFF disappears from the conversation forever! Yay!

quiet61 Posted - 07/29/21

$RNSFF I hold a few shares of RNSFF, do I need to do anything to perfect the transferring into RECAF shares? Thanks in advance.

twague22 Posted - 07/29/21

$RNSFF

FAUCKER Posted - 07/29/21

$RECAF $RNSFF Goodby rnsff hellow recaf. Let the good times begin and never end.

FosterGrant Posted - 07/29/21

$RECAF I had to buy a little more $RNSFF today, just for old times' sake. Many years ago when I was away at school, my parents would send a check to me, for a small amount, before a holiday break. "Gas money to get home" they would say... well here's a little gas money to get home $RNSFF... it will be good to have the family all together under one roof.

L_R_Brain Posted - 07/29/21

$RECAF Tomorrow will likely be a little nicer for us once the acquisition is complete and $RNSFF is no longer trading

PBateman21 Posted - 07/29/21

$RECAF Can't beat the system. $RNSFF has been consistently trading at a small discount to the fixed conversion for the past few days. Same for $ROE.TSXV. Gotta admire the manipulation. Big players win twice. Once on the exchange and again on the upcoming run.