Member Info for persimmon

Yes Simon, you will be able to buy 210 million for pocket change soon lol.

Lol...rinse and repeat.

Before potential investors buy here they should look at the 5 year charts and the continuing decline in share price. Ignore the cash in the bank indicators provided by the rampers here on this site. Instead ask yourself whether you believe the directors will halt the millions of pounds they pay themselves on a regular basis. Is this Labour government going to allow West Newton to develop. Are there companies out their willingly to take that risk? The truth is those asking you to buy are doing it only in forlorn hope that enough punters will be sucked in to promote their declining share price. Simon64 is many many tens of thousands of pounds under water; that is the real reason he changed his avatar from deemule. This companies movement is like the property market. The difference is that that markets trajectory is up over the months and years whilst RBD's is down.

Wake up and 'smell the coffee'

Mr10Ubagger, you should be ashamed, leading Simon64/deemule on like you are.

Daybreak Oil & Gas yet another abject venture /failure of RBD gone to the wall. Where did all the money go. £6000,000. plus interest......Isle of Man private limited company with the 2 joint CEO's of RBD as sole directors? No annual accounts from there posted!

I see the President of Daybreak Oil has quit after all these years. he obviously sees no future in Daybreak. See latest SEC report from USA or my earlier post.

Deemule (aka Simon64)....PMSL

Memories of a historical bottom cash pit Reabold to Reabold California to Daybreak Oil and Gas

Company

Company

2019

2018

£'000

£'000

Loan to Reabold California LLC

6,029

3,692

Total

6,029

3,692

The loan to the subsidiary is subject to interest rates at the short term monthly (compounded annually) Applicable Federal Rates published by the Internal Revenue Service of the United States federal government. The loan has no fixed repayment date and is denominated in USD. Subject to the subsidiary being solvent, the loan is repayable by giving the subsidiary not less than one month's written notice. Post balance date on 30 April 2020, the loan was replaced by a Loan Note Instrument on primarily the same terms. The accrued interest on the loan as at 31 December 2019 was US$183,000 (2018: US$Nil), equivalent to £139,000 (2018: £Nil)

The amount of the loan to the subsidiary as at 31 December 2019 was US$7,964,000 (2018: US$4,714,000), equivalent to £6,029,000 (2018: £3,692,000).

On October 22, 2024, James F. Westmoreland, President and Chief Executive Officer and Interim Principal Financial Officer, advised the Board of Directors of Daybreak Oil and Gas, Inc. (OTC Expert Market: DBRM), a Washington corporation (“Daybreak” or the “Company”) that he will retire from the Company effective with the close of business on Friday, November 1, 2024. At the same time, Mr. Westmoreland will also retire his positions as Chairman and member of the Board of Directors.

I haven't got plenty of time over today tomorrow and Sunday as I am involved with visitors from away and family festivities.

I have therefore said all I'm going to. We obviously agree to disagree, I've let my reasons known and let deemule venture in with his words of ramping wisdom. I have to say in passing you could very easily be a company stooge the amount of time you are taking after earlier being 'busy' until later on Friday.

Mr10bagger, quick reply to your 4 questions of which long term holders already know my answers to regarding 3 and 4.

QUESTION 1 Nothing is for 'free' QUESTION 2 Twice nothing is nothing.

QUESTIONS 3 and 4 My posts of which many denigrate the companies directors and their many repeated failures I make no apologies for. The reason for this to answer your queries is to warn new potential investors of what I perceive to be a couple of CEO slick operators, who are making a long term living out of their gross incompetency. A better example of a 'lifestyle' company' may be difficult to find. One may also add that given the political environment (green agenda) in the UK any profits to be made even with a successful campaign will be minimal. Most foreseeing companies historically oil and gas are switching to geothermal. Small O & G development companies have always been high risk. The risk/reward ratio here to use your avatar has multiplied in a negative fashion 10 fold over the last few years. Experienced punters know this,: those engaging for the first time need to hear the danger warnings, and that is where I come in.

OMO and G L to all us poor unfortunates (vast majority) stuck so far under water we may as well hold for a miracle. To those looking to make money I say Caveat Emptor x 10!

10 Bagger26 Aug 2024 13:47

Everyone likes a 10 bagger and finding such a share can make a huge difference to your returns.

With that in mind I intend to post on shares that have either 10 bagged in the past or I believe could do so in future.

INSPIRIT ENERGY INSP fits that bill it is a former 10 bagger and I believe has potential to do so again.

So I begin coverage of INSP @ 0.008P MID PRICE.

How's INSP doing these days mr10bagger?

G L mr10bagger, I doubt anyone did more research into this company from the outset than me. Unfortunately the more I dug the more I uncovered, much which gave me grave doubts given the dubious characters that became involved especially in the foray into Reabold California. The resemblance with the Labour Parties current 'black hole' is uncanny. Like many I believe you are judged by the company you keep. Never lose track that West Newton was touted as the transformational asset that was to be the saviour of us shareholders. Now its's been replaced by the Italian adventure. And guess what, you can bet they are already looking at another play to mug the punters should that turn sour.

"Market cap less than cash in bank."

When was that 'cash in bank' dated? Before the directors drew their salaries, and creditors were paid their due you can bet!

Pboo, it's very rare if ever for me to agree with your postings about Union Jack Oil, and on this occasion I still don't.

Soon to be placed on life support like that other dog Reabold Resourves.

Who thinks at the next AGM, included on the agenda should be a Pay V Performance Disclosure for the directors?

Shorting is illegal in Germany and a few other European and the USA. Personally I would ban it here as good companies can be taken down by the system. In the USA there is far greater transparency in the stock market than the UK.

"Reabold will receive £4.4 million for the final tranche, which follows the £8.3 million already received by the Company. Reabold intends to use the proceeds received to advance the development of assets across its portfolio, as well as distributing excess cash to shareholders".

It's the word 'intends' that that is interpreted differently, whether a shareholder or a Joint CEO of the company.

Wiltshireman.....I was responding to earlier posts.