RE: Get A Life29 Dec 2023 15:42
Reabold Resources gave £6,000,000 to Reabold California to progress oil well production in California USA.
Within the last couple of years Reabold California was involved with a buy-out by Daybreak Oil & Gas, a USA company who in 50 years of rerading have never made a dime for their shareholders. Questions should be asked as to why the directors did this, Even more disturbing for me was the involvement in these talks of another company, a private one set up on the Isle of Man protecting much of what goes on from Reabould resources shareholders namely us. This private company has only two directors Sachin Oza and Stephen Williams. The name of this company is Gaelic resources.
And now if true the accounts of Reabold California have been destroyed.
Should we the shareholders of RBD be concerned? I for one certainly think so.
What are the remunerations paid to Gaelic directors, and how much money was transferred into the Isle of Man company?