BRK was formerly Redfork energy and went into voluntary administration in December 2014.
In May 2015 Cicero advised recapitilisation to relist the company on the ASX to explore for oil and gas within the payne acreage.
Theres is almost a 0% chance of BRK backdooring a tech company. BRK has been recapitlised and named based upon oil/gas.
In June 2015 the recapitilisation was complete with $2.5m being raised at 0.01c.
Cicero was given 750m shares (75m post consolidation) to repay their $50k loan.
Matt Walker and associates recieved their shares for pretty much free.
Cicero has also recently recieved 110m options.
Overall I'm pretty sure BRK will be focusing on oil, which isn't neccessairly a bad thing. Theres a few interesting people involved as pointed out by Minoil so should be money to be made here.
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