At one level a triumph. Quindell threatened me with libel action becuase I accused it over overstating its profits ahead of and after its rescue bailout in November 2013. I accused it of fraud. It has today said those profits will be restated. It thus raised money on a fraudulent prospectus and folks should go to jail. Those who bought at 660p+ on the basis of those bogus, fraudulent profits and other lies should be demanding that Rob Terry be prosecuted becuase they will never get that money back.
On the other hand the shares will not go to 0p so an apology. Quindell admits - as I asserted - that without the Slater & Gordon deal it is bust. But S&G is committing corporate hari kiri. I look at where its shares are going (down) and where Quenron will head from here.
My critics seem to think it would be a good thing if I retired. I have a clear message for them. In exposing fraud and lies at Quindell I am now vindicated. I have numerous other AIM Casino scalps over the past two years and I want more. And so I shall continue to go after your pals the fraudsters including the uber serial criminal Mr Robert Simon Terry.
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