The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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it seems pretty clear to me the 2 crooks are taking the money & no longer give a **** about driving the company forward, if indeed they ever cared.
If/when Labour gets in and drives forward their green agenda,what happens to uk based oil companies?-rbd?
Is CF still invested here?
Indications are that the price will drop again soon.
Whoops! We already have two of them. How could I have made that mistake?
I honestly don't know how the 2 crooks are still here & destroying this company. Mind you the rest of the BoD are equally useless.
What a load of scumbags.
Maybe study Ponzi Schemes, apparently they are very profitable? I bet there are at least a couple of guys out there who know a few things like that I wonder? 🤔
Feel the need to make some money over the next year?....then keep well clear of this dog!
'The problems with the future of Daybreak raised its head late in 2021, '
So what is actually holding Daybreak now, was it permits?
Bernie Madoff comes to mind don't you think? 🤔
Paul. because the FCA are like the United Nations...'toothless tigers'.
'Many millions of pounds, £6M + interest provided to Reabold California without any provision for payback. From there it simply disappeared into a number of secondary companies including one ironically called Sunset.'
Provision of payback, do you means payback to the listed Reabold entity I am invested in?
How can that money not make it's way back to the entity I am invested in, if the original capital to invest originated from there, not be considered theft?
How can the FCA not do anything about it??
Paul, the deal was enacted for whom you ask. I suspect it was for a number of reasons. Many millions of pounds, £6M + interest provided to Reabold California without any provision for payback. From there it simply disappeared into a number of secondary companies including one ironically called Sunset. Very apt name as it turned out. One has to remember that many Oil and Gas companies trading on AIM can be looked at as an iceberg. One third of it above the surface (visible to shareholders) with the rest hidden from sight. The rest is based on trust.
At the end of the day the Daybreak debacle has little to do with KS. RBD (Oza) stated the deal was part of the monetization of the RBD portfolio. Our 2 crooks made decisions that, once again, they got wrong. They need to go !
So what happened here?
https://daybreakoilandgas.com/wp-content/uploads/2022/08/DBRM-Announces-Completion-of-Acq-of-Reabold-California.pdf
Did they get it for free and we gave it to them, there is not enough detail!
The whole USA deal seems wrapped in mystery and was the vehicle which a company was set up in the Isle of Man for?
Paul....K.S and his Portillion company go back years, initially raising capital to further West Newton's development and then their involvement with Corallian and the Victory project. K.S's company Portillion and him personally then invested millions into the debacle which is DBRM (Daybreak). The problems with the future of Daybreak raised its head late in 2021, but it appears that both RBD and K.S were possibly in 'far too deep' by then to pull out. All about 'saving face' or something we shareholders are unaware of? Make your own mind up.
Someone bought some shares today, grand total of 43p worth :)
What was KS’s involvement in this?
Should the 'Sunflower Alliance' law suit Filed in California in 2021 and the Clause AB1167 (Well Abandonment order) filed by Californian state) either collectively or individually mean the demise of Daybreak California and with it Reabold Resources foray into the USA?
Who can blame them, I wish to f*** I'd never heard of it ! Typical AIM stock, run by crooks.
No trades on this mofo today, even the crappiest stocks get traded every day - seems no-one will touch this POS!
That probably has more mileage than some of their basket case projects !
WN might just as well be on Mars the way they're acting.
'Probably thinking up the next lot of bull crap to feed us. It takes time to make up convincing lies.'
Stranded and untapped oil & gas plays on the moon?
Probably thinking up the next lot of bull crap to feed us. It takes time to make up convincing lies.
I bet Ozas family are so proud of him & the ways he's lost their money.
So I wonder what the two wrinkly puckered holes are up to this week, it is been a while since they blasted us with nothing but hot air!