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