Member Info for persimmon

From last years attempt at a take over of the board. Well it's obvious that this did not happen at the first attempt because S & S were more sure of remaining. Now I would guess they are far more insecure. Perhaps one or more large II's have told them that they are not going to vote for them this time around. Maybe abstentions.

Deemule alias Simon64 will be able to buy a Purdey with his 'winnings' if S & S do all he suggests. Time to get rid of that old rusty 'side by side' you have Si.....go on treat yourself in advance if you think they going to make you rich. Anyway you will soon be retiring from that boring old second rate educational job you have; cleaning pipettes and bunsen burners day after day must be boring.

Deemule has a job counting how many Ely cartridges are left in his 4-10 after he's fired one shot, so don't expect him to do any basic maths.

Don't listen to him Uggy because Simon64 aka deemule tells porkies, large ones and when he was found out he changed his name.

I think what is going on now with the requisition tells us all we need to know why Daybreak is many months behind with posting its quarterly reports on the SEC in the States.

"Be greedy when others are fearful"

or in your case Simon64 'be stupid when others are wise'

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?

Uggy, you are very perceptive.

A rumour circulating involves a potential shareholder who has accumulated a substantial holding in Reabold Resources. He is on record as being buying in 2 weekly blocks over the last 5 years. More details shortly.

On 9 May 2019, Reabold announced that it had agreed to subscribe for a further 375,940 new ordinary shares in Danube ("Danube Shares") at an issue price of £1.00 per share. This increased Reabold's shareholding in Danube from 33.3% to 37.5%, with ADX holding the remaining 62.5%. In addition, ADX, on behalf of Danube, agreed to engage Reabold for a period of 12 months to provide corporate advisory services to Danube for a fee of approximately £75,000.

On 16 September 2019, Reabold subscribed for 810,811 Danube Shares at an issue price of £1.00 per share via two tranches, with the first tranche being for 237,838 Danube Shares and the second tranche being for of 572,973 Danube Shares. Simultaneously, ADX subscribed for 540,541 Danube Shares at an issue price of £1.00 per share, comprising 158,559 first tranche Shares and 381,982 second tranche shares. Following completion of the Subscription, this increased Reabold's equity interest in Danube to 41.6%, with ADX holding the remaining 58.4%.

On 22 November 2019, Reabold exercised its option to subscribe for 200,000 Danube Shares at a price of £1.20 per share for a total sum of £240,000, taking Reabold's interest in Danube to 43.2%, with ADX holding the remaining 56.8%.

On 2 December 2019, Reabold, announced that it had fully exercised the remainder of its option to increase its investment in Danube through the subscription for additional shares. Reabold exercised its options over a further 1,427,604 Danube Shares at a subscription price of £1.20 per share, being an investment of £1,713,125. ADX elected to partially exercise its own corresponding options, subscribing for 241,929 Danube Shares at £1.20 per share. Following these investments, Reabold now owns 50.8% of Danube, with the remaining 49.2% held by ADX.

Watts, you don't have preference, its's either K.S or S & S

Heid, can you remember when you said the share price would be £1 and oil $150 a barrel by the end of the year.

Heid, can you remember when you said the share price would be £1 and oil $150 a barrel by the end of the year.

At least we are are spared their never to be forgotten favourite word TRANSFORMATIONAL.....so it's not that good an RNS!

If anyone thinks that any prospective new owners of a company are just in it for altruistic reasons they are living on 'cloud cuckoo land'.

The question shareholders have to ask themselves is simple. Based on all their knowledge of the two antagonists in this particular company who will be most likely to be successful, and thereby make them the most money.

Simon64. You do realise if you 'sit on your hands' and not vote then you really cannot justifiably criticise what happens in the future, whoever is at the helm of RBD.

Deemule alias Simon64 says.......

"Crazy I own more than Felton and he works for the company, I will take a look at what he earns in comparison to me".

Well Simon we know a lab assistant earns circa £30K per annum. Did you find out how much Mike Felton earns as a non ex-director of RBD?

Moniman....yes a friend of mind once used them. He gave instructions to the bank to buy some shares; the manager went on holiday for a couple of weeks and forgot to do the order. Needless to say the price went up before he got back and my friend 'lost' thousands. When he found out, the bank offered their sincere apologies and some 'sweeteners'. He changed banks.

RBD may yet come good, but only if the Existing directors are removed.

Paul, I don't mind any directors of companies I invest in having expensive cars. What I do object to is directors of companies having 2 joint CEO's when one is more than sufficient, making substantial losses for their shareholders year after year and still carrying on with their spending seemingly oblivious and without apparent remorse. Can anyone evry remember them saying sorry?