Member Info for persimmon

As you were

Reabold joint CEO's are deliberately 'kicking the can down the road' at every opportunity. This provides them with year upon year of taking half a million pounds plus of investors money. A very good example of a LIFESTYLE COMPANY.

LOL YES, he could tell you that he can now invite his friendly institutions that they can now since 2022 partake in a 20% grab of extra shares in a future placing instead of the 10% that was 'overlooked' when the first Resolution 12 was posted last June (the resolution12 subsequently updated dropping the 10% and without mentioning the 20% now available a few days later. Could this also be a reason for the manipulated farcical low price at the present time?...think about it, will it be a win win situation for the big boys in the days/months ahead should a placing take place that leaves long term private investors out in the cold. I hope not but it could be. Is this the reason why Colin Evans resigned with only a cursory 'wave off' by T.B after many years of service?

High Growth Revenue: RBD is forecast to have no revenue next year.

OK Simon I won't say it.

Tbf.....a friend of his may already be doing that!

Rathlin will just apply for a further extension at West Newton and it will be agreed (possibly via a brown envelope).

It would not surprise me in the slightest if the documentation produced by the two swindlers at the helm of Reabold is less than is required deliberately. This will be in line with their modus operandi.....DELAY DELAY DELAY, whilst they carry on collecting their outlandish annual payments.

"technically"

If anyone thinks that Romania a country parked next door to Russia will invite outside investment then dream on!

Yes deemule, sorry it's Simon64 now after your name change, you really were sucked into that ruse along with a few others lol.

Jimmybob, yes I'm still here hoping to persuade newbies to go elsewhere. Everyone who has seen how this outfit operates knows the score. There's always some who for reasons known only to themselves think that this is not a 'lifestyle company'. I hope you can make a few bob here Jimmy by trading and not investing. Watch the spread if the former, and look out for being captured when the price suddenly drops like a stone. Remember the only reason for the present increase is due to director buys, and it's your money they are after to give them each £300K++ a year.

Those promoting this joke of a company remind me of the old adage 'fool me once shame on you, fool me twice shame on me, fool me three times shame on us both'. A fool and his money are soon parted...you have been warned!

Watch this stock plunge after the AGM when the artificially boosted price now plunges.

Many people by now realise that the share price is all a facade (and I don't mean the front of a building).

A manufactured blip in the upturn. There's no upside to these pair of greedy vultures. Go ahead and feed their inflated salaries if you like. and throw away money!

Reabold buying up their own shares to prop up the market now...watch the spread!

In one word DILUTION

In Note 1, the Directors explain that further funding needs to be secured within the next 18 months and that, under a severe downside scenario where funding is not raised, the available cash reserves may be exhausted. The Directors are actively pursuing funding options and, whilst discussions are at an early stage, the directors are confident in the group's ability to secure the additional funding necessary to progress its strategy and realise the value of its assets, and therefore the financial statements have been prepared on a going concern basis. However, given that there is no guarantee that funding will be successfully raised, there is a risk that the group will not have sufficient financial resources to fund its short-term project funding requirements and therefore there exists a material uncertainty concerning the ability of the group and parent company to continue as a going concern.

Tbf, I agree, The end of May was the original date for the company to run out of money, then pushed back to the end of June. I also believe that some announcement will be made before June end if only to delay matters for further consultation having found additional short term finance.