http://shareholdersunite.com/mybb/ Thu, 15 Oct 2026 16:58:22 +0000 MyBB http://shareholdersunite.com/mybb/showthread.php?tid=12666 Sat, 22 Feb 2025 21:59:20 +0000 http://shareholdersunite.com/mybb/showthread.php?tid=12666

Russell Debney’s Key Role – As Chairman of Nautilus, he indebted the company to Deep Sea Mining Finance Limited (DSMF), only for DSMF to then absorb Nautilus' assets when it collapsed. This wasn’t mismanagement—it was structured to strip shareholders of their investments.

PricewaterhouseCoopers (PwC) in Arbitration – Instead of protecting shareholders, PwC’s arbitration process effectively removed investors from their rightful stake, while the same insiders walked away with the assets they helped bankrupt.

Regulatory Failure (SEC, TSX, Canadian Authorities) – These institutions exist to prevent fraud, yet did absolutely nothing. The fact that Nautilus' collapse was predictable and regulators still failed to act proves that these agencies serve the wealthy, not the public.

The Bigger Picture – A Rigged System – This is not just about Nautilus; it’s a symptom of a larger, systemic issue where corporate elites use bankruptcy laws, legal loopholes, and arbitration to protect themselves while shareholders are left with nothing.

I see this as one of the most egregious examples of corporate asset stripping in recent years. This is not just about a failed business—it’s about a system that allows fraud to happen in plain sight, while those responsible face no consequences.

I provided this insight to the journalist because these people involved were POS.]]>

Russell Debney’s Key Role – As Chairman of Nautilus, he indebted the company to Deep Sea Mining Finance Limited (DSMF), only for DSMF to then absorb Nautilus' assets when it collapsed. This wasn’t mismanagement—it was structured to strip shareholders of their investments.

PricewaterhouseCoopers (PwC) in Arbitration – Instead of protecting shareholders, PwC’s arbitration process effectively removed investors from their rightful stake, while the same insiders walked away with the assets they helped bankrupt.

Regulatory Failure (SEC, TSX, Canadian Authorities) – These institutions exist to prevent fraud, yet did absolutely nothing. The fact that Nautilus' collapse was predictable and regulators still failed to act proves that these agencies serve the wealthy, not the public.

The Bigger Picture – A Rigged System – This is not just about Nautilus; it’s a symptom of a larger, systemic issue where corporate elites use bankruptcy laws, legal loopholes, and arbitration to protect themselves while shareholders are left with nothing.

I see this as one of the most egregious examples of corporate asset stripping in recent years. This is not just about a failed business—it’s about a system that allows fraud to happen in plain sight, while those responsible face no consequences.

I provided this insight to the journalist because these people involved were POS.]]> http://shareholdersunite.com/mybb/showthread.php?tid=12664 Sun, 09 Jun 2024 01:48:14 +0000 http://shareholdersunite.com/mybb/showthread.php?tid=12664
c'est la vie

https://www.bing.com/maps?osid=b8dde4cc-0bf5-4eae-9a8c-5fa8ac1c0206&cp=-9.424895~147.106298&lvl=20.072895&style=h&pi=0&v=2&sV=2&form=S00027]]>
c'est la vie

https://www.bing.com/maps?osid=b8dde4cc-0bf5-4eae-9a8c-5fa8ac1c0206&cp=-9.424895~147.106298&lvl=20.072895&style=h&pi=0&v=2&sV=2&form=S00027]]> http://shareholdersunite.com/mybb/showthread.php?tid=12663 Sun, 10 Dec 2023 08:38:28 +0000 http://shareholdersunite.com/mybb/showthread.php?tid=12663 http://shareholdersunite.com/mybb/showthread.php?tid=12662 Thu, 16 Nov 2023 07:33:59 +0000 http://shareholdersunite.com/mybb/showthread.php?tid=12662 https://www.postcourier.com.pg/deep-sea-...ir-julius/

Interestingly it says the CEO of DSMF is Chris Jordinson, who according to LinkedIn is also (or was) the Commercial Officer for Mawarid Mining LLC (a Mohammed Al Barwani company). So it seems that at least PNG and Al Barwani still have interest in the entity.]]> https://www.postcourier.com.pg/deep-sea-...ir-julius/

Interestingly it says the CEO of DSMF is Chris Jordinson, who according to LinkedIn is also (or was) the Commercial Officer for Mawarid Mining LLC (a Mohammed Al Barwani company). So it seems that at least PNG and Al Barwani still have interest in the entity.]]> http://shareholdersunite.com/mybb/showthread.php?tid=12661 Tue, 14 Mar 2023 21:40:05 +0000 http://shareholdersunite.com/mybb/showthread.php?tid=12661  helps to attach the thing

---

]]>  helps to attach the thing

---

]]> http://shareholdersunite.com/mybb/showthread.php?tid=12660 Mon, 06 Mar 2023 17:06:23 +0000 http://shareholdersunite.com/mybb/showthread.php?tid=12660
https://www.cnn.com/2023/03/04/world/un-...index.html]]>
https://www.cnn.com/2023/03/04/world/un-...index.html]]> http://shareholdersunite.com/mybb/showthread.php?tid=12655 Fri, 08 Oct 2021 16:07:46 +0000 http://shareholdersunite.com/mybb/showthread.php?tid=12655
I thought it was worth sharing that TMC seems to be a Nautilus mark 2 - at the de-SPAC merger most of the initial SOAC investors took their money back & 2 major PIPE investors reneged (& are now in court action). The shares have dropped from US$10 to around $4 at the moment.

But what is most interesting is that a short-seller has produced some research that can be seen here - https://www.bonitasresearch.com/wp-conte...6-2021.pdf

It is clearly written for a reason but amid various allegations it makes allegations around the insolvency of Nautilus - saying that the licenses that TMC bought for big money were an inside deal. It draws a great deal on PWC documents. There is a call for TMC investors to contact lawyers who are investigating further ... https://finance.yahoo.com/news/tmc-alert...00512.html

May be too late but worth knowing at least.]]>
I thought it was worth sharing that TMC seems to be a Nautilus mark 2 - at the de-SPAC merger most of the initial SOAC investors took their money back & 2 major PIPE investors reneged (& are now in court action). The shares have dropped from US$10 to around $4 at the moment.

But what is most interesting is that a short-seller has produced some research that can be seen here - https://www.bonitasresearch.com/wp-conte...6-2021.pdf

It is clearly written for a reason but amid various allegations it makes allegations around the insolvency of Nautilus - saying that the licenses that TMC bought for big money were an inside deal. It draws a great deal on PWC documents. There is a call for TMC investors to contact lawyers who are investigating further ... https://finance.yahoo.com/news/tmc-alert...00512.html

May be too late but worth knowing at least.]]> http://shareholdersunite.com/mybb/showthread.php?tid=12653 Mon, 08 Feb 2021 21:27:18 +0000 http://shareholdersunite.com/mybb/showthread.php?tid=12653
Well, everyone that is left :-(.  I've had a great year investing and I thought I would crystallize my massive loss and sell my shares.  Turns out on December 10, NUSMF got halted in Canada.  I recently contacted the CSA and got this response.
-----------------------------------------------------------------------
Thank you for contacting the CSA Secretariat. The Canadian Securities Administrators (CSA) is an umbrella organization of Canada’s provincial and territorial securities regulators whose objective is to improve, coordinate and harmonize regulation of the Canadian capital markets.
 
On December 10th, 2020, the British Columbia Securities Commission and the Ontario Securities Commission issued a Cease Trade Order (CTO) against Nautilus Minerals Inc. for failing to comply with its reporting obligations. For your convenience, a copy of the order is attached. When a CTO is issued, it will remain in effect until either its expiry date is reached or, if there is no expiry date (as in this case), until the decision is revoked by the regulator, when and if the company corrects the deficiencies which caused the CTO to be issued. For general information on CTOs, their duration and their scope, we refer you to the information on our website.
 
However, you should note that the order does permit trading under certain specific conditions (Refer to item 12). To find out if you may avail yourself of this exemption, we suggest you contact your local securities regulator. Please follow this link to our website to access contact information for all securities regulators in Canada.
 
Sincerely,
 
CSA Secretariat
---------------------------------------------------------------------------

I contacted my brokerage Scotia Itrade (crap brokerage) and told them that I fit the requirements for Section 12 (more like section 8! lol). They checked with their compliance department and phoned me back two days later to let me know they would unlock my shares so I could sell them while they waited and watched the trades then locked it back up.
I put in my order across three accounts to sell my 400,000 shares at 0.01, three lots all All-or-Nothing, good for Maximum date (that was after hours last Friday).  They sold today (Monday).  They sold for 0.012.  The PPS was well above my ask at 0.025 at one point but my a-o-n order I guess kept them on the sidelines, by the end of the day all orders were filled.  Whomever is the MarketMaker, they are really messing about.  So, caution when selling your shares.  I did a-o-n so that my brokerage wouldn't sell 100 shares a day for 3 months at $10 commission.  In hindsight, I should have made the chunks smaller, perhaps 50,000 lots instead of 3 big chunks, but they eventually sold.

I'll attach the whole thing next but here is section 12 if you want out.  The only way prior to this was to "surrender your shares to your brokerage" through a written process that would set the loss at total.  Hope this helps some people.
-------------------------------------------------------------------
12 - Despite this order, a beneficial securityholder of the Issuer who is not, and was not at
the date of this order, an insider or control person of the Issuer, may sell securities of
the Issuer acquired before the date of this order if both of the following apply:
      1. the sale is made through a “foreign organized regulated market”, as defined in
section 1.1 of the Universal Market Integrity Rules of the Investment Industry
Regulatory Organization of Canada; and
      2. the sale is made through an investment dealer registered in a jurisdiction of
Canada in accordance with applicable securities legislation.]]>
Well, everyone that is left :-(.  I've had a great year investing and I thought I would crystallize my massive loss and sell my shares.  Turns out on December 10, NUSMF got halted in Canada.  I recently contacted the CSA and got this response.
-----------------------------------------------------------------------
Thank you for contacting the CSA Secretariat. The Canadian Securities Administrators (CSA) is an umbrella organization of Canada’s provincial and territorial securities regulators whose objective is to improve, coordinate and harmonize regulation of the Canadian capital markets.
 
On December 10th, 2020, the British Columbia Securities Commission and the Ontario Securities Commission issued a Cease Trade Order (CTO) against Nautilus Minerals Inc. for failing to comply with its reporting obligations. For your convenience, a copy of the order is attached. When a CTO is issued, it will remain in effect until either its expiry date is reached or, if there is no expiry date (as in this case), until the decision is revoked by the regulator, when and if the company corrects the deficiencies which caused the CTO to be issued. For general information on CTOs, their duration and their scope, we refer you to the information on our website.
 
However, you should note that the order does permit trading under certain specific conditions (Refer to item 12). To find out if you may avail yourself of this exemption, we suggest you contact your local securities regulator. Please follow this link to our website to access contact information for all securities regulators in Canada.
 
Sincerely,
 
CSA Secretariat
---------------------------------------------------------------------------

I contacted my brokerage Scotia Itrade (crap brokerage) and told them that I fit the requirements for Section 12 (more like section 8! lol). They checked with their compliance department and phoned me back two days later to let me know they would unlock my shares so I could sell them while they waited and watched the trades then locked it back up.
I put in my order across three accounts to sell my 400,000 shares at 0.01, three lots all All-or-Nothing, good for Maximum date (that was after hours last Friday).  They sold today (Monday).  They sold for 0.012.  The PPS was well above my ask at 0.025 at one point but my a-o-n order I guess kept them on the sidelines, by the end of the day all orders were filled.  Whomever is the MarketMaker, they are really messing about.  So, caution when selling your shares.  I did a-o-n so that my brokerage wouldn't sell 100 shares a day for 3 months at $10 commission.  In hindsight, I should have made the chunks smaller, perhaps 50,000 lots instead of 3 big chunks, but they eventually sold.

I'll attach the whole thing next but here is section 12 if you want out.  The only way prior to this was to "surrender your shares to your brokerage" through a written process that would set the loss at total.  Hope this helps some people.
-------------------------------------------------------------------
12 - Despite this order, a beneficial securityholder of the Issuer who is not, and was not at
the date of this order, an insider or control person of the Issuer, may sell securities of
the Issuer acquired before the date of this order if both of the following apply:
      1. the sale is made through a “foreign organized regulated market”, as defined in
section 1.1 of the Universal Market Integrity Rules of the Investment Industry
Regulatory Organization of Canada; and
      2. the sale is made through an investment dealer registered in a jurisdiction of
Canada in accordance with applicable securities legislation.]]> http://shareholdersunite.com/mybb/showthread.php?tid=12650 Wed, 28 Oct 2020 16:36:53 +0000 http://shareholdersunite.com/mybb/showthread.php?tid=12650
All conjecture of course - who really knows. When the symbol disappears I'll believe it's over!]]>
All conjecture of course - who really knows. When the symbol disappears I'll believe it's over!]]> http://shareholdersunite.com/mybb/showthread.php?tid=12649 Fri, 23 Oct 2020 06:02:29 +0000 http://shareholdersunite.com/mybb/showthread.php?tid=12649 https://www.pwc.com/ca/en/services/insol...rders.html

I plan to delete my account on this forum in the next few weeks. So long folks, its been a disappointing ride.

Please do not reply to this thread. If you would like to make a "hopeful" thread, please do so.]]> https://www.pwc.com/ca/en/services/insol...rders.html

I plan to delete my account on this forum in the next few weeks. So long folks, its been a disappointing ride.

Please do not reply to this thread. If you would like to make a "hopeful" thread, please do so.]]> http://shareholdersunite.com/mybb/showthread.php?tid=12648 Thu, 01 Oct 2020 18:54:13 +0000 http://shareholdersunite.com/mybb/showthread.php?tid=12648 http://shareholdersunite.com/mybb/showthread.php?tid=12646 Sun, 19 Jul 2020 08:41:03 +0000 http://shareholdersunite.com/mybb/showthread.php?tid=12646
Subject: Mr. Justice Masuhara--VA S-191827--In the Matter of Nautilus Minerals Inc. et al (CCAA)--TE:30 minutes --CONF#792015460705
 
Mr. Justice Masuhara--VA S-191827--In the Matter of Nautilus Minerals Inc. et al (CCAA)

Case Type: Civil

Type of hearing: Application

Time estimate: 30 minutes

Available dates: July 23, 24, 27, 30, 31, and August 4, 5, 6, 7, 2020

Nature of Application: This is an application for approval of activities and accounts of the Monitor and its counsel and an order discharging the Monitor.

Reason why this must be heard by (Mr. Justice Masuhara): Mr. Justice Masuhara is seized of this proceeding.

Opponent's position regarding this application/request: It is not anticipated that the application will be contested.]]>
Subject: Mr. Justice Masuhara--VA S-191827--In the Matter of Nautilus Minerals Inc. et al (CCAA)--TE:30 minutes --CONF#792015460705
 
Mr. Justice Masuhara--VA S-191827--In the Matter of Nautilus Minerals Inc. et al (CCAA)

Case Type: Civil

Type of hearing: Application

Time estimate: 30 minutes

Available dates: July 23, 24, 27, 30, 31, and August 4, 5, 6, 7, 2020

Nature of Application: This is an application for approval of activities and accounts of the Monitor and its counsel and an order discharging the Monitor.

Reason why this must be heard by (Mr. Justice Masuhara): Mr. Justice Masuhara is seized of this proceeding.

Opponent's position regarding this application/request: It is not anticipated that the application will be contested.]]> http://shareholdersunite.com/mybb/showthread.php?tid=12642 Tue, 07 Jul 2020 03:07:34 +0000 http://shareholdersunite.com/mybb/showthread.php?tid=12642 NUSMF up 23.46%]]> NUSMF up 23.46%]]> http://shareholdersunite.com/mybb/showthread.php?tid=12638 Fri, 12 Jun 2020 02:46:56 +0000 http://shareholdersunite.com/mybb/showthread.php?tid=12638 https://www.google.com/search?sxsrf=ALeKk024QSLakf250f3tnXzXPvA2WrMWBg%3A1591929732402&ei=hOviXveNGMHk-gT72abAAQ&q=nusmf&oq=nusmf&gs_lcp=CgZwc3ktYWIQAzIMCCMQJxCdAhBGEPoBMgIIADICCAAyAggAMgQIABAeMgQIABAeMgQIABAeMgQIABAeMgQIABAeMgQIABAeOgQIIxAnOgQIABBDOggIABCDARCRAjoICAAQsQMQkQI6CwgAEIsDEJoDEKgDOgUIABCRAjoFCAAQsQM6BQgAEIMBOg4IABCxAxCLAxChAxCoA1CsLljvOmDZPmgAcAB4AIABuwKIAYUFkgEFNC4zLTGYAQCgAQGqAQdnd3Mtd2l6uAEC&sclient=psy-ab&ved=0ahUKEwj339OxoPvpAhVBsp4KHfusCRgQ4dUDCAs&uact=5#spf=1591929740116]]> https://www.google.com/search?sxsrf=ALeKk024QSLakf250f3tnXzXPvA2WrMWBg%3A1591929732402&ei=hOviXveNGMHk-gT72abAAQ&q=nusmf&oq=nusmf&gs_lcp=CgZwc3ktYWIQAzIMCCMQJxCdAhBGEPoBMgIIADICCAAyAggAMgQIABAeMgQIABAeMgQIABAeMgQIABAeMgQIABAeMgQIABAeOgQIIxAnOgQIABBDOggIABCDARCRAjoICAAQsQMQkQI6CwgAEIsDEJoDEKgDOgUIABCRAjoFCAAQsQM6BQgAEIMBOg4IABCxAxCLAxChAxCoA1CsLljvOmDZPmgAcAB4AIABuwKIAYUFkgEFNC4zLTGYAQCgAQGqAQdnd3Mtd2l6uAEC&sclient=psy-ab&ved=0ahUKEwj339OxoPvpAhVBsp4KHfusCRgQ4dUDCAs&uact=5#spf=1591929740116]]> http://shareholdersunite.com/mybb/showthread.php?tid=12633 Tue, 02 Jun 2020 14:43:30 +0000 http://shareholdersunite.com/mybb/showthread.php?tid=12633 http://shareholdersunite.com/mybb/showthread.php?tid=12626 Thu, 28 May 2020 02:19:18 +0000 http://shareholdersunite.com/mybb/showthread.php?tid=12626 http://shareholdersunite.com/mybb/showthread.php?tid=12623 Tue, 12 May 2020 07:40:50 +0000 http://shareholdersunite.com/mybb/showthread.php?tid=12623 https://en.wikipedia.org/wiki/Nautilus_Minerals

then i clicked website address on that page for nautilus website 
www.nautilusminerals.com

then i thought iT was taking me to nautilus web site it actually is linked to this 
https://dsmf.im

nautilus is no longer running and DSMF IT LOOKS LIKE OWNS THE CONTRACT TO SOLWARA 1 IMPORTANT PLEASE GO CHECK EVERYTHING IVE EXPLAINED ...]]> https://en.wikipedia.org/wiki/Nautilus_Minerals

then i clicked website address on that page for nautilus website 
www.nautilusminerals.com

then i thought iT was taking me to nautilus web site it actually is linked to this 
https://dsmf.im

nautilus is no longer running and DSMF IT LOOKS LIKE OWNS THE CONTRACT TO SOLWARA 1 IMPORTANT PLEASE GO CHECK EVERYTHING IVE EXPLAINED ...]]> http://shareholdersunite.com/mybb/showthread.php?tid=12622 Wed, 06 May 2020 07:42:41 +0000 http://shareholdersunite.com/mybb/showthread.php?tid=12622 DeepGreen Metals, Inc. today announced that it has acquired Tonga Offshore Mining Limited (TOML), giving the company exploration rights to a 74,713 km2 block of CCZ seabed that contains an inferred resource of 756 million wet tonnes of polymetallic nodules*.

DeepGreen acquired TOML from Deep Sea Mining Finance Limited.

https://deep.green/deepgreen-acquires-th...c-nodules/]]> DeepGreen Metals, Inc. today announced that it has acquired Tonga Offshore Mining Limited (TOML), giving the company exploration rights to a 74,713 km2 block of CCZ seabed that contains an inferred resource of 756 million wet tonnes of polymetallic nodules*.

DeepGreen acquired TOML from Deep Sea Mining Finance Limited.

https://deep.green/deepgreen-acquires-th...c-nodules/]]> http://shareholdersunite.com/mybb/showthread.php?tid=12620 Tue, 24 Mar 2020 11:50:25 +0000 http://shareholdersunite.com/mybb/showthread.php?tid=12620 http://www.nautilusminerals.com/irm/cont...px?RID=251]]> http://www.nautilusminerals.com/irm/cont...px?RID=251]]> http://shareholdersunite.com/mybb/showthread.php?tid=12616 Fri, 10 Jan 2020 18:05:53 +0000 http://shareholdersunite.com/mybb/showthread.php?tid=12616