Member Info for Downtime

T4G

I hope you’re right to T4G. I’m hoping for minimum 200% gain within a year of them relisting, if all goes well, so don’t want Boo to buy them out on the cheap! You should do well with your punt too if you bought them just before suspension. Good luck.

Good day for boo, onwards and upwards from here, hopefully!

“ I think BooHoo are just using the two founders for their own benefit. Not quite sure what is in it for the founders if Boohoo try to take out on the cheap, although they're used to giving out sweeteners so not exactly going to turn down accepting them!”

The current BoD have exposed the two founders and may have warned them of possible legal action. I can understand them wanting to get rid of the BoD, especially if boo has told them they’ll drop any legal action etc if they help vote them out. Can’t understand them selling their shares dirt cheap though.

Silverlight

Thanks, that’s reassuring. I was mistaken in thinking that they could take it private and possibly do a deal with the two old directors. Yes, it’s crucial to get it relisted, but we really need to know what’s causing the delay.

Silverlight

Should have read:

So worst case scenario we get something back and not left with a illiquid shares!

The big question is how close are we to being relisted, what is causing the delay (any obstacles) etc. We are being told nothing by Bob except that they are in the hands of the Aim team and Nomad. Surely he’s got to update us on this now.

Silverlight

“ The only way it would be taken ‘private’ is if another party comes in, PE etc .. if boo did buy us it’s a plc so you will get stock in boo or cash, or a mixture of both”.

So worst case scenario we get something back and not left with a liquid shares. Thanks.

Bearhunter, thanks.

Bear hunter

“ ITS somehow managed to put selling the business and going private through at an ordinary resolution, which is what totally shafted it for shareholders. ” Can you explain why you said this, it’s not what the RNS said. Thanks.

Looks like Bob has only a short time to act, if he’s able to (relisting). Why haven’t we at least been told why it’s taking so long and what the hold up is? Once they oust BOD Boo are in control - it seems logical that the two ex directors will at least vote with Boo to get rid of them. What happens then we don’t know, but Boo will be in charge! It’s worth clicking on Oakhurst1 and reading his posts on Boo (re Revb), even if you think what he’s saying is unlikely. He’s saying if they gain control of the company (with the help of the two ex directors) they will probably not relist etc…. It looks like the 2 ex directors have done some sort of deal with Boo, at least to remove the BoD.

Oakhurst1

Thanks Oakhurst1. It’s looking pretty grim for all of us Revb shareholders if what you’re saying happens. You never mentioned the possibility of another buyer coming forward which could be a better outcome for the two ex-directors? Sounds like they’re onside with boo right now, but may be they could be persuaded by a better offer?

Sorry, the last paragraph was a quote fro bhafcseagull this afternoon.

MHL2020

Bob must have known about it for a while. bhafcseagull told us yesterday and MiddleEastMoney hinted to it last week. Let’s hope there’s something Bob can do to stop Boo.

Bob would have know this for a while or i wouldn't have found out from an internal source that BOO were trying to take over REVB as i said yesterday on here. Game on for all parties now. Interesting to see how this plays out.

Oakhurst1

“BOO only need 50.1% on the day and they take the BoD and RevB doesn’t relist - assume the 2 ex directors are on board with BOO, gut feel they are….”

Are you saying Boo can then choose not to relist? As a Revb shareholder I don’t like the way this seems to be heading. Was hoping to hold Revb for a year or so when the share price could be back to around 100p. It would be daylight robbery if Boo buy us out for 20p/30p! Surely, with so much potential value in the company, there will be other offers that the two former directors (who seem to hold the cards in Boo taking control) would be more interested in. What would be the point in them selling their shares to Boo at such a crazy cheap price when they could wait for it to be relisted and get a lot more, or wait for a much better takeover offer once relisted? You haven’t mentioned the possibility of another buyer coming forward.

Davwal

That sounds promising, but we need to know what is holding the relisting up

“ I don't see that this has any bearing on re-listing at all. They just need to satisfy the criteria set out by AIM.”

Good to hear that, hope you’re right and we relist soon.

Sorry, should read will Aim relist it with all this instability going on? Bit worrying what Boo is up to, possibly with the two former directors. It will be all about Boo, not Revb shareholders

“So are they using this as a way to force it back trading, or delay the agm? All very interesting!”

Maybe they’ve done it to show the Aim team that the current BOD could soon be replaced. Will a

Aim relist it with all this instability going on?

We need know how close Aim are to relisting it, and whether there’s something holding that up.

Looks like boo is trying to do a takeover dirt cheap, by hook or by crook.

Can someone copy the RNS here please.

PhatJ

I never reported your post, wouldn’t even know how to do it. I saw it and remembered what you said before it was removed, I actually thought you removed it! I have no connection to either DeathShares or Oakhurst1. I’d be very happy if I was just 20% down on boo, hope knowing that makes your day! Good luck.