Member Info for RTOK

The following information is included in accordance with the disclosure requirements of Schedule 4 to the AIM Rules for Companies:

Brownhill was incorporated for the sole purpose of being the holding company for Power Ventures (Private) Limited and the Project. There are no other assets within Brownhill apart from the de minimis share capital on incorporation. For the financial year ended 31 December 2021, Power Ventures (Private) Limited reported a loss after tax of US$228,249, total assets of US$7,702,779 and net assets of US$459,841.

It pointless trying to discuss with Patient Zero.

It is the exchange, AIM, that have determined that this is a reverse take over.

No one else can say that it isn’t.

Maybe just read the RNS before you post misleading garbage?
Clown.

$7.7m spent on the project. $7.2m liabilities.
Clown

I think you misunderstand - which is expected as you are a performing clown.
There are shareholder loans in brownhill. Kibo are acquiring the shareholder loan claims along with the share capital. So the shareholder loans will be repayable to Kibo.
It is precisely why they use the word “claims” after shareholder loans.
Clown.

“Kibo will acquire 100% of the issued share capital of Brownhill International Limited ("Brownhill") and shareholder loan claims against Brownhill“

Re: “Has anyone been able to determine the debt figure that’s associated with the shareholder loan claim against Brownhill?”

The debt is equal to the repayment claims that Kibo are purchasing along with the share capital. Net zero, hence pointless question.

They’ll be a lot more like me after the RTO though

Not surprising - I don’t think Kibo was investable before November last year.

Jax, you’ve not seen the likes of me around here before.

Short sellers are going to get burnt

The AIM rules and those of the London Stock Exchange should be respected for what they represent.

Now -
Existing shareholders 100%
of:
KIBO which the markets value at £4.8m

Post reverse take over -
Existing shareholders 47%
Broomfield 31%
Placing shareholders 22%
of:
KIBO which the markets value at £4.8m
£7m cash from placing
Victoria falls solar project

The value of new ownership, new leadership and refinancing is massive for the future share price. The energy market is on fire. So are the short sellers.

Patient Zero
The source of the disease
Spreading it to others

I know you. Have you told your boss I am here yet? You should do.

The other guy.

I know you Melvin Capital guy.

And you know me.

We both know how this story plays out for you.

I know you Melvin Capital guy.

Short sellers are going to get burnt.

This will rocket on reopening.

Having some fun with the short selling clown over on ADVFN. He just posted a link to Gwanda 500km away.

Looks there are at least a couple of genuine accounts there and here. We are going to have a good time.

And don’t get me wrong I’m not blaming the short sellers - you the ones that make take overs so profitable for the other guy.

An idiot to short?
An idiot to go long?

Make your mind up.

Short selling clown.

How about you represent the RNS accurately, there’s no “deadlines” at all.

It would be nice for you if it was to delist, and try to spin it as much as you like from different accounts but the truth is short sellers are going to get burnt on this.