royal petroleum corp

no51eys

Member
Messages
63
Likes
0
please help me i am new to this i was approched by a company called knobel lynch a few months ago and they offered me some stock in royal petroleum corp that has now floted on the frankfurt exchange i have purchased the shares but i am worried i have not done the right thing can anyone advise me of the situation
 
royal petroleum

too late i bought 2 grands worth off shares at 2 dollars each they are quoted on frankfurt and every think seems ok but i am still worried i have no share cert and it seems like a boiler room job
 
no51eys said:
. . . quoted on frankfurt and every think seems ok . . .

This press release via my Bloomberg terminal . . .

*T
Royal Petroleum Corp. Now Trading on Frankfurt Stock Exchange
*T
CALGARY, Alberta, March 1, 2007 (PRIME NEWSWIRE) -- Royal Petroleum
Corp.'s (Other OTC:RYLP) Company President, Dave Hagardy, and the Board
of Directors proudly announce that the Company's stock is now available
for trading on the German-based Frankfurt Stock Exchange. The stock
will trade under the assigned symbol: R7P.

The Frankfurt Stock Exchange was Royal Petroleum's primary choice given
the growing interest from European investors. The Frankfurt Exchange is
renowned for being one of the largest and most proficient exchanges in
the world with a continued growing share in the European market.

More information regarding the Frankfurt Exchange can be found at:
http://en.wikipedia.org/wiki/Frankfurt_Stock_Exchange

About Royal Petroleum Corp. (www.royalpetro.com)

At Royal Petroleum Corp. our focus is on the acquisition of existing
oil and gas wells, bringing them back into production for re-sale by
using the latest technologies available. We strive to continually
fulfill the energy requirements of tomorrow by partnering with various
organizations and individuals committed to the exploration,
development, and production of our domestically-abundant natural
resources, with a primary focus on crude oil and natural gas. We
believe the fundamentals favor crude oil and natural gas as dominant
commodities for the foreseeable future and it is absolutely necessary
to look to our domestic sources for our energy needs in the future.

Forward-Looking Statements

This press release contains "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995.
Statements in this release that are forward-looking statements are
based on current expectations and assumptions that are subject to known
and unknown risks, uncertainties, or other factors which may cause
actual results, performance, or achievements of the company to be
materially different from any future results, performance, or
achievements expressed or implied by such forward-looking statements.
Actual results could differ materially because of factors such as the
effect of general economic and market conditions, entry into markets
with vigorous competition, market acceptance of new products and
services, continued acceptance of existing products and services,
technological shifts, and delays in product development and related
product release schedules, any of which may cause revenues and income
to fall short of anticipated levels. All information in this release is
as of the date of this release. The company undertakes no duty to
update any forward-looking statement to conform the statement to actual
results or changes in the company's expectations.

*T
-0-
CONTACT: Royal Petroleum Corp.
Dave Hagardy, President
(403) 444-6896
 
no51eys said:
please help me i am new to this i was approched by a company called knobel lynch a few months ago and they offered me some stock in royal petroleum corp that has now floted on the frankfurt exchange i have purchased the shares but i am worried i have not done the right thing can anyone advise me of the situation

I nearly bought a thousand shares in Royal Petroleum myself. LIke you i was approached by Knoebel Lynch a couple weeks ago. They told me how they were privy to information because that is what they were; a research company. That i could get in on this IPO and get shares that were not on the market at a price below the market value because when they came in they would have to come in at the same level as the us price $3.10 and from there it could go even higher.

So, this sounded really appealing to me. A sure way of at least not making a loss, because i'm getting these shares below market value with the potential of them going up anyway...

I first spoke to a guy called Tevor Hilson and then the 'account manager' Charles Dawson

Now, i'm completely new to all of this and although i tried to do my research (this was the first thing i was told to do by them) that to me only fitted in with the perfect scam. The question was, how did they get my details?

I filled out an online application a few weeks ago for a newletter telling me about spreadbetting on online trading or something. I never heard from them and then i hear from these guys, so i'm putting one and one together.
I nearly parted with a £1095 of my money for a thousand of these shares, but i'm glad i didn't. If i miss out i miss out. There will be another deal around the corner. But something told me i wasn't comfortable and i didn't 'know' these people and i didn't FULLY understand how this worked and how they made their money so i backed out. On the principle that i wouldn't part with £10,000 if i wasn't comfortable and FULLY understood what was happening why part with £1000

I then googled and i got this back: in the fools.co.uk forums http://tinyurl.com/3dxarf which corresponded with my experience exactly except i didn't get teh risk warning with the stock application that i wouldn't be able to sell them for 12 months(that is as far as i took it) In hindsight i also wonder why they needed my NI #

http://tinyurl.com/3c5w4c from www.trade2.win forum
and Guardian Article: http://tinyurl.com/37od5g
So, failing to find any positive news about this company i have put a pause on going ahead with this purchase. I am curious to follow up and see how they do.

Tel: +41 41 720 4887
Fax: +41 41 560 8060
email: [email protected]
website: www.knobel-lynch.com

Registration: Public trade registry of the Canton of Zug, Switzerland,
register no. CH-170.3.029.383-9
Commerce of Zug: www.hrazg.com

This is what they sent me in their email but when i clicked on www.hrazg.com it never worked. So, there was no way to get positive id and verification on the company knobel-lynch themselves

I hope you didn't get burnt. Did you get your shares? Did your application come with a warning like the person in teh link said, coz it did'nt for me.
I would be very interested to hear how things pan out. I was told that today mid-day was the cut-off point for being able to buy any shares. And that tomorrow (23rd) they were going public

Regards,

livingdaylight
 
well i got the share cert today via fedex looks very professional i hope this is ok but i am worried because the shares dont seem to be trading on frankfurt they have not moved from 2.35 as of yet and i dont know why i wonder like some people say i cant trade for 12 months
 
no51eys said:
well i got the share cert today via fedex looks very professional i hope this is ok but i am worried because the shares dont seem to be trading on frankfurt they have not moved from 2.35 as of yet and i dont know why i wonder like some people say i cant trade for 12 months

That seems like a heck of a long time to have to hold them. And Why?! Also, i bet you weren't told this so, its not in the contract.

When i spoke to Trevor at Knobel-Lynch neither he nor Charles Dawson mentioned having to have to hold the shares for 12 months before being able to sell them. In fact when i raised the issue of selling the shares they said it had nothing to do with them because they weren't the brokers and it was just down to me; well, that now doesn't quite seem right now. They said infact something along the lines that they would prefer to have me wait for the shares to go up, you see they only make their commission if they show certain percentage returns, but that there was nothing they could do if i wanted to sell right away.

no51eys, why don't you go back to whomever your adviser is at Knobel-Lynch and ask for a reasonable explanation for why you have to hold onto the shares for as long as that; why is there a time restriction? And more to the point why this was not made clear from the outset. I don't think if they advised anybody on any shares on the proviso that one could only sell after 12 months that people would get involved, hence the omission of detail.

But if everything else is in order and it appears to be then you're maybe gonna be alrite in the long run. Royal Petroleum seem a good company that'll more than likely be around next year so you should hopefully see your returns then. I just wouldn't be happy having no control of my shares regardless of the movement of the company's stockmarket movement.
But at least knobel lynch would not seem to be the complete con artists of the boiler room variety vividly displayed in the movie Boiler Room

--
livingdaylight
 
Knobel Lynch, a play on Merril Lynch which means there's a 99% chance it's a scam.

No51, just make sure they're not setting you up for the double scam.
 
anley said:
Knobel Lynch, a play on Merril Lynch which means there's a 99% chance it's a scam.

No51, just make sure they're not setting you up for the double scam.

Lynch me once; call me a newbie
Lynch me twice; call me a ............


--
livindaylight
 
Well I got the share cert via fed ex, but I am so worried because on cert is mention wrong price like (Fully paid and non- assessable common shares with a par value of $0.001 PER SHARE)
royal petroleum corp. I paid to them 1650 euro. kindly let me know is mention on your cert as same.
 
yes my ywo certificates say par value of 0.001 but i have tryed to sell them and barclays have refused the trade saying there is not enough liquidity in the shares
 
yes the shares are for 0.0001 cent each i have tryed to sell them but barclays have refused the sale saying there is not enough liquidity in the stock
 
The double scam is when they scam you the first time (and you don't realise) then set you up again.

For example, you buy ABC shares (which don't exist) for £2000. These rise in value to £4000 (no they don't but the brokers just tell you they do). They then recommend XYZ shares and again you buy £2,000. These rise. Then another share for £2000 and again they double.

The salesman then says something like 'are we good or what, but let's stop messing around here for a few grand let's make some big money.

So you invest £75k and then they disappear.

OK, that's more than a double scam but you get my point.
 
By the way everyone

Von Bismarck - Global Investment Research

http://www.vb-gir.com

Looks highly suspect too. Wouldn't be surprised if they're the same people behind the laughably named Knobel Lynch.
 
When I asked Mr david (Royal petroleum corp)via email why the share value mention on certificate 0.001$. He replied the share cert never has a value on it. You need to go out and sell at what market bears.
 
Dam,

I have also purchased royal petroleum shares from these guys,
£4000 worth and after reading this forum im absolutley gutted:eek:
I have the share certs and even recieved a glossy brochure from Royal Petroleum in which contained a letter which I had to send back to them asking my advice on a board meeting etc:?:
 
Whenever I contacted Mr David of Royal Petroleum Corp. by email he replied and sent my share cert. I hope it will be possible to sell my shares. Hope for the best.
 
Top