15 days ago
Communications over the past couple of days with the Oxymorons at AIM Regulation, the minions of Marcus Stuttard, have at least forced a statement and adman depressing one from Advanced Oncotherapy (AVO). But the Oxymorons still will not boot it off the sewer as they should have done on December 31. What is the point of rules that are just not enforced?
46 days ago
I start with the olive harvest here at the Greek Hovel and across Greece and the theft of olive branches. Then I look at Bidstack (BIDS), Ben’s Creek (BEN), Upland Resources (UPL), see the tweet below, and Tintra (TNT) and the monstrous failing of AIM regulation (again)
57 days ago
Yesterday morning I exposed Harland & Wolff (HARL) for telling some folks but not everyone via an RNS that it was guiding down revenue forecasts for the second time this year. I flicked a note to AIM Regulation and the Oxymorons acknowledged it. And at 4 PM the company ‘fessed up. Well sort of. It dissembled.
57 days ago
After hours on Tuesday in an RNS Tintra (TNT) announced its “Intention to Seek Cancellation from Trading on AIM”. Oh dear. I have warned you so many times that the AIM Company of the year 2022 was a nest of snakes. Of course, so many Bulletin Board savants knew better. This is a scandal that AIM Regulation should be all over like a rash, having failed to deal with so many issues over the years despite explicit warnings on this website
61 days ago
This is a slam dunk breach. Sarah Willingham and NightCap (NGHT), assisted by Nomad Allenby have clearly broken AIM Rule 11. I have written to Marcus Stuttard and the team of Oxymorons at AIM Regulation asking if they give a FF about this and will they enforce their own rules.
82 days ago
Shares in Nightcap (NGHT) the bars chain being run into the ground by Dragon’s Den star Sarah Willingham are sliding again to a new all time low of just 5.75p. Almost certainly the company’s trading so far this financial year (starting July 3) has been below forecast and so in not ‘fessing to that I believe it has breached AIM Rules 10 and 11. I have written to the Oxymorons at AIM Regulation, demanding that they force a ‘fess up RNS.
136 days ago
Not for the first time I have written to AIM Regulation about the rule breaking antics of Bidstack (BIDS) and its disgraced boss Lyin’ James Draper. The fact is that it is the failure of the Oxymorons to act against previous transgressions dating right back to the year of its RTO in 2018, that encouraged Draper to carry on lying and deceiving mug punters so that they have lost nearly all their money . Now as Bidstack slides towards insolvency, as I showed yesterday, it is probably to late to get it to change its ways but pour encourager les autres…
161 days ago
I have written to the Oxymorons, more in hope than expectation, suggesting that AIM Regulation sanction Nomad Stifel and Avacta (AVCT) for issuing an RNS that makes a claim that cannot be backed up. I realise that Avacta needs to do a placing in the next few months but even so this is more than naughty. This is not about me or Avacta but about whether AIM wants to apply its own rules.
176 days ago
This seems pretty simple. Today, Powerhouse Energy (PHE) announced interims which were naturally utterly piss poor but covered in vast amounts of jam tomorrow. Its acting CEO Keith Riley also walked with immediate effect for “personal reasons.” Yet on 22 August through the offices of esteemed bucket shop broker Turner Pope, the company did a £1 million placing at 0.5p. hang on Henry… I have written to AIM Regulation
178 days ago
The latest RNS from Tintra (TNT), – shares suspended – raises even more red flags. This is shocking stuff and why AIM regulation is not all over it is mind boggling. Tintra has fired its auditor.
178 days ago
Shares in the AIM Company of the year 2022 remain suspended as it cannot get its accounts out on time. But still the news comes and it stinks. Tintra (TNT) has finally issued an update on its long awaited latest investment subscription at 1178p per share.
282 days ago
I am not sure about the home made honey ice cream, I shall report back tomorrow. Meanwhile I discuss Mirriad (MIRI), Canadian Overseas Petroleum (COPL), valuing oil E&P plays, Zephyr Energy (ZPHR), today’s ouzo moment with Scotgold (SGZ), target price 0p and a full investigation by AIM regulation and the FCA, and Totally (TLY)
284 days ago
I have noted before how one valiant reader complained to the wretched BBC about its coverage of Scotgold (SGZ) earlier this year ( January 30) – reports which were clearly false caused the share price to spike to 70p allowing a bailout placing at just 40p to go ahead. Amazingly the BBC has now formally accepted that it did mislead its viewers, thus costing many of them a good few quid. But it gets worse.
288 days ago
Still trying to negotiate a death spiral in order to avoid a looming insolvency, hopefully being investigated by AIM Regulation for not flagging up revenue/cash issues before the last placing, you thought things could get no worse for cash guzzling Bidstack (BIDS)? Think again…
295 days ago
I worry that I might be getting a bit obsessed by note 18 in the annual report of Bidstack (BIDS) but it really does not add up and begs massive questions. Yesterday I asked a few HERE which the Oxymorons at AIM regulation should be asking right now but there is more. Here goes.
297 days ago
Following yesterday’s bombshell EXPOSE article HERE I have written to the Oxymorons at AIM Regulation about Bidstack (BIDS) asking for a full investigation into whether it duped punters ahead of last October’s £10 million placing and retail offer at 2p.
297 days ago
You may remember that when Big Dave was at UK Oil & Gas (UKOG) right at the start of the Horse Hill farce, AIM regulation stepped in to force a retraction of claims that the area contained 6 billion barrels of oil. It seems that Big Dave is at it again.
297 days ago
Yesterday Avacta (AVCT) and its Nomad Stifel deliberately misled investors about a placing it had had to abort after I revealed all on Saturday HERE. I have written to the Oxymorons at AIM Regulation pointing out that this is an active deceit and suggesting that both Stifel and Avacta should be sanctioned and forced to ‘fess up. I do so just to put this latest failing at the casino on the record, not in great hope that the Oxymorons will actually do anything. The letter is below
338 days ago
Having committed fraud at Deepverge (DVRG), (publishing bogus numbers just before a placing) as well as breaking AIM Rules about non-disclosure of price sensitive information ( a move from profit into loss) just before a placing, Gerry “the arse” Brandon is clearly not fit to run a public lavatory let alone a public company. Yet amazingly AIM Regulation sees fit to allow him to continue to run Microsaic (MSYS) into the ground. Worse still…
351 days ago
I have dropped a note to my old pal, the bogus Sheriff of AIM, aka Mr. Marcus Stuttard, head of AIM Regulation, aka the Oxymorons. It seems to me that the BBC has dobbed in Scotgold (SGZ) for serving up a material untruth which saw the shares zooming to 70p to allow a £3 million placing at 40p to proceed. Either the BBC is lying or this is criminal deceit on the part of Scotgold. I have urged the Oxymorons to act…
372 days ago
Deepverge (DVRG) published a trading update on 17 April in which it admitted that more than half of the calendar 2022 sales boasted of in its previous update were, in fact, fiction. That might be praised as an honest ‘fess up. But following an update from Microsaic (MSYS) on 18 April, it is clear that Deepverge deceived investors. I have written to the Oxymorons.
380 days ago
I start with the madness of using Dylan – who is the sort of “woman” you might think twice about dating – to promote sports bras or beer. I enter the quagmire of the Corporate Equality Index. Then it is on to the CBI, not asking if it is now fit for purpose but whether it ever was. Finally an ouzo moment as nanosynth (NNN) shares slump HERE but this episode begs massive questions for its advisers and AIM Regulation about how dumb morons were duped.
380 days ago
Back in August of last year nanosynth (NNN) announced, in a grossly misleading way, that it had signed a death spiral with Lanstead “to raise £2,942,500”. I warned at the time that this was fantasy, that nothing like £3 million would be raised and that those responsible ( PR firm IFC Advisory) should be hung, drawn and quartered while AIM Regulation should force a restatement. Nothing happened. IFC told me I was talking tummy rot, the Oxymorons did nothing. And on Thursday afternoon, nanosynth admitted that it faced a financial crisis and its shares collapsed.
407 days ago
On Friday 10 March Versarien (VRS) announced that its disgraced CEO Neill Ricketts had resigned. It said it would determine the management structure going forward and Ricketts was not listed as a contact. But was that true?
418 days ago
As it struggles to remain solvent, Versarien (VRS) has, in effect, admitted breaching AIM Rule 11 in its annual report. I have written to the Oxymorons asking for formal censure of the company and its loathsome CEO Neill Ricketts.
425 days ago
I now have it double sourced that the supposed deal between Versarien (VRS) and Superdry is just bull. It is dead. Not that it was ever alive. What is even more shocking is how the regulators have treated this allegation that Versarien has lied to investors.
428 days ago
I start with half term trespassers of whom there seem to be many here in Wales. Then it is onto Verditek (VDTK) and why AIM Regulation’s failings matter, Audioboom (BOOM), Versarien (VRS), questions about revenue recognition at Andrew Monk’s VSA Capital (VSA) and finally Moonpig (MOON). The prize Versarien contest mentioned is HERE
430 days ago
We continue the series of exposes which any sensible regulator would have acted on already. Luckily for Tintra (TNT) it is listed on the AIM sewer so the Oxymorons at AIM Regulation appear happy to do nothing. Tintra 3.0 Limited accounts for the period ended 31 May 2022 have now been filed at Companies House and were stated as being signed by Abdul Sajid, the Tintra CFO, on 3 February 2023. As described in extracts from Tintra RNS announcements of 24 November 2021 which announced the joint venture, Tintra 3.0 is a crucial part of Tintra Plc’s future business plan:
438 days ago
It is an ouzo on cornflakes day of vindication once again. As I predicted HERE, the Bidstack (BIDS) Full Year trading statement of January 3 was accounting for dummies and today it has been restated. Almost certainly the ramptastic interims used to inflate the share price before the last placing will also have to be restated and with a clear warning for 2023 and 2024 on sales, a cash crisis looms by summer. In a country with a proper regulator CEO Lyin’ James Draper would be having his collar felt. Luckily for Lyin’ James, the Oxymorons at AIM Regulation couldn’t catch a cold.
443 days ago
Whilst we wait for Richard Shearer to respond to our questions posed in 4 exposes since Saturday or for AIM Regulation to show it gives a f*ck about maintaining an honest and orderly market, I present evidence that the Tintra Acquisitions Limited company number 13236378 is the relevant entity referred to in Tintra Plc RNS announcements. Maybe I should grass Shearer up to HMRC?
443 days ago
Following my bombshell revelations around Tintra Acquisitions on Saturday which AIM Regulation has confirmed to me that it is now looking into, there is a new massive red flag to hoist. If anyone cannot see how Tintra (TNT) stinks and is uninvestable, they need to get a guide dog and a white stick pronto.
455 days ago
Yesterday’s deeply discounted bailout placing at 0.18p will have stunned some shareholders in nanosynth (NNN) who thought, as a result of RNS releases made in August and September, that the company had raised almost £3 million and was fully funded. That was a deceit. I believe that CEO Mark Duffin, PR firm IFC Advisory and Nomad SP Angel may be guilty of market abuse and have asked both AIM Regulation and the FCA to consider the matter.
465 days ago
Yesterday there was an admission from Bidstack (BIDS) that its soon to be former business partner Azerion had terminated the venture and had not been paying invoices for some time. This begs the question: were interims released on August 8 2022 bogus and designed purely to pump the shares ahead of the 5 October bailout placing. I have written to AIM Regulation demanding it launch an enquiry.
543 days ago
I wrote to AIM Regulation yesterday and it is clear that it has acted forcing the rogues at Bidstack (BIDS) to come clean about the “Private” bust up with Azerion email sent to some clients of Nomad Stifel yesterday, an email, that thanks to Winnileaks, I published in full within hours of it being sent. And the regulators have forced hapless Lyin’ James Draper to roll back on claims in that email.
543 days ago
Yet again Bidstack (BIDS) has leaked clearly price sensitive information into the market to only certain folks, that is to say, selected clients of its Nomad and broker Stifel, rather than via RNS as I exposed earlier HERE. But this is not the first such sin by Bidstack which it has committed in collusion with Stifel.
543 days ago
This is shocking. What is clearly adverse information is being withheld from the market but is being sent to selected investors by Lyin’ James Draper the CEO of Bidstack (BIDS). None of what is in the email below, received via the Winnileaks service today, is referenced in yesterday’s trading update. This is shocking. Surely even the Oxymorons at AIM Regulation should force a statement?
553 days ago
This is clearly a disorderly market. If the investor flagged up by Argo Blockchain (ARB) who was thinking of investing £24 million at 27.6p is going ahead the shares are dirt cheap as a trading buy. If not then, ceteris paribus, Argo will have gone bust by Christmas. It is a binary bet and Mr Market is telling you that it looks more like the adverse outcome than the positive one. But we can all agree the market is somewhat disorderly. So what the feck are the Oxymorons at AIM Regulation playing at?
554 days ago
Mr. Market is telling you that there is something horribly wrong at Argo Blockchain (ARB) and that could well be a looming insolvency. A company that really was going to raise £24 million at 27.6p as Argo promised it would on October 7 would not see its shares languishing at 12p to sell. I have written to AIM Regulation as this is, one way or another, a false market.
554 days ago
I have written to both AIM Regulation and the FCA asking them to explain why Verditek (VDTK), the solar panels company chaired by Tory toff Lord David Willetts, has not – again- committed fraud. Surely there must be consequences or do the regulators think that crime should pay?
554 days ago
In today’s podcast I discuss coverage of my friend Richard Poulden and Valereum Blockchain (VLRM) which is now utterly toxic. I mention Wishbone Gold (WSBN) en passant. I look at Verditek (VDTK) where AIM Regulation must now step in to tackle fraud then at IOG (IOG), lessons from the demise of Toople (TOOP) and then an expose of the events at Technology Minerals (TM1) where you really just could not make it up.
555 days ago
At what point is AIM Regulation going to say that enough is enough and kick Verditek (VDTK) into touch for what appears like serial securities fraud? Or do the Oxymorons at AIM Regulation consider that announcing contracts every single year since the 2017 IPO, contracts which eventually come to nowt but allow a share price pump and bailout placing, to be acceptable? Today we have another case study of the Verditek contract fraud.
558 days ago
On 7th October Argo Blockchain (ARB) announced a three part emergency refinancing package. Two parts will see it limp through to November without calling in the administrators. The third part was news that an investor was preparing to stump up £24 million at 26.7p. But today the shares have fallen, again, to just 14.75p. Surely the Oxymorons at AIM Regulation must force a statement to clarify two vital matters:
564 days ago
I refer to this amazing exposé by Snopes HERE into Max Polyakov, Ukraine’s Elon Musk. Why does it matter: I recall Cupid and the great establishment cover up. Thjis is crime plain and simple and the board knew about it and covered it up. KPMG covered it up. The Nomad did nothing and so too did the Oxymorons at AIM Regulation. The SNP has been lobbying hard for Polyakov. They are all beneath contempt. Then I ask if share buying at Bluebird Merchant Ventures (BMV) is legit. It is. Then I discuss why a whistleblower may or may not have a story about another AIM company, look at Made.com (MADE), Sosandar (SOS), Tern (TERN) and Bidstack (BIDS): two placings , one a pea shooter, one possibly (but probably not) a bazooka.
571 days ago
As I exposed here yesterday, Colin Bird’s Bezant Resources (BZT) is insolvent and has deceived investors with its interims on Friday. I have written to its Nomad, Roland “fatty” Cornish, treating him with the respect he deserves, suggesting that the shares be suspended and that a statement is needed ASAP. Since he is almost certainly missing in 7 course lunch action today or perhaps sleeping luncheon off as he prepares for supper, I have ccd in the Oxymorons at AIM Regulation.
576 days ago
I have just written to AIM Regulation as Bidstack (BIDS) , lead by Lyin’ James Draper, has today grossly deceived and mislead investors as to the collapse in trading. The company has breached AIM Rules 10 and 11 and it, and its Nomad Stifel, need a public censure. The letter follows:
578 days ago
Needless to say, the Oxymorons at AIM Regulation have failed to force serial dog Nanosynth (NNN) to correct the grotesquely misleading RNS of 26 August in which it claimed that a Lanstead death spiral deal meant that it had secured “ a conditional subscription to raise £2,942,500 through the issue of 535,000,000 new ordinary shares of 0.01 pence each in the Company at a price of 0.55 pence per Ordinary Share.” That was a big fat fecking lie and with the shares collapsing to 0.42p, i.e less than they were before the deal was announced and a couple of subsequent ramptastic bullshit RNS’s. Mr Market is waking up and smelling the coffee even if the bogus Sheriff of AIM, Marcus Stuttard, and his colleagues are asleep at the wheel.
579 days ago
The other day, I served up evidence suggesting that Eurasia Mining (EUA) may not be able to get funds to its loss making Russian operating subsidiaries which could be a terminal event. I have now written to AIM Regulation begging it to force a clarifying RNS
602 days ago
I hope this is fairly self-explanatory and that the regulators will launch a swift enquiry if only to show that on the world’s most successful growth market, nothing so tawdry has occurred at that hotbed of scholars and gentlemen that is Tern PLC (TERN)
604 days ago
nanosynth (NNN) has today issued a grotesquely misleading press release which tells investors that it has secured access to almost £3 million in death spiral funding. It has not. It has deceived mugs. Two years ago Versarien (VRS) issued an RNS about a deal with the same death spiral provider which I pushed the Oxymorons at AIM Regulation on, and which they forced loathsome Neill Ricketts and hois motley crew to correct. I have now written to the Oxymorons again…
609 days ago
On 23 March 2020 Versarien (VRS) announced a £6 million subscription by death spiral provider Lanstead. Of course, it was nothing of the sort. The proceeds have been a fraction of that and, following pressure from this site, AIM regulation forced Versarien to issue an RNS on April 6 admitting as much. Wind forward to today ands Lanstead and nanosynth (NNN) have engaged in an almost identical deception. Does nobody learn anything?
611 days ago
A spokesman for Ironveld Resources (IRON) denied to me yesterday that sitting on price sensitive information for at least 6 weeks during which time the share price slumped by 30% as some folks “miraculously” knew the bad news, is not doing anything wrong. “The company does not believe that it has done anything wrong”. Neither do 90% of the inmates of Wormwood Scrubs. Whatever you say Giles Clarke and Martin Eales.
621 days ago
Oh dear, it seems as if the self-styled “ world’s most successful growth market” is having something of an annus horribilis. Pay rises all round at AIM Regulation!
683 days ago
Yet again, I write to AIM Regulation with regard to the devout Christian, Matt Lofgran. Praise be the Lord. This time, it is not about his consorting with convicted pump-and-dump fraudster, Ron Bauer. It concerns his misleading investors in Nostra Terra Oil & Gas (NTOG), in collusion with London’s worst Nomad, Roland “Fatty” Cornish.
688 days ago
How many times have I written to AIM Regulation about Eurasia Mining (EUA)? Here we go again…
693 days ago
Yesterday, I revealed how, as CEO of Elephant Oil, Matt Lofgran had handed out 30% of its equity, gratis – most notably to a convicted pump-and-dump operator, currently facing 85 years in jail. Lofgran would happily sup with the devil, so as to get away an IPO, which would have netted him an immediate $500,000 and a 100% pay rise. I have thus written to the Oxymorons at AIM Regulation.
710 days ago
Today’s shocking news is not evidence of illegal behaviour, I am told by a member of the death spiral community. I am not so sure. But investors were indeed deceived by Vast Resources (VAST), Atlas and Beaumont Cornish, which signed off on the May 3 release. The incident brings “the world’s most successful growth market” into disrepute, and I have written to Marcus Stuttard, the bogus Sheriff and head of the Oxymorons at AIM Regulation, urging him to investigate possible illegality and to censure all those involved.
711 days ago
After my weekend revelations, following on from Friday’s bombshell admission of rank dishonesty, I had expected Kinovo (KINO) shares to be suspended by now. For those weekend reports suggest that, very soon, the company will be reliant on its banks for survival. I have written to the Oxymorons at AIM Regulation about what is a major scandal of non-disclosure.
720 days ago
Surely, AIM Regulation must publicly censure Kinovo (KINO), and possibly its Nomad and broker, Canaccord Genuity. One – or both – of them has grotesquely misled investors to the tune of £8 million and rising, only fessing up to the scale of that deception today, which has sent the shares tumbling.
760 days ago
I have, today, written to both the FCA and the oxymorons at AIM Regulation, on, what seems to me, sure-fire market abuse. The original letter names two AIM Companies and one “social media influencer” (I have redacted the names below). But I understand that the problem is not confined to these two companies and one “social media influencer”, and I am urging the authorities to work together on tackling what seems a growing issue.
784 days ago
This podcast covers Trevor Brown, Braveheart (BRH), today’s shocking warning, Remote Monitored Systems (RMS)/Nanosynth (NNN), Peterhouse Corporate Finance and why AIM Regulation needs to say that enough is enough and bring this sordid shit show to an end.
803 days ago
As I explained in the free to access podcast yesterday, shareholders in Omega Diagnostics (ODX) should be blaming the company and its advisers FinnCap and Paul “Queenie” McManus of Walbrook PR for their losses. I have written to the Oxymorons at AIM Regulation asking for an investigation into CEO Jag Grewal, CFO Chris Lea, Geoff Nash and Alice Lane at FinnCap and into Queenie himself.
817 days ago
Following on from Evil Banksta’s most excellent article on Friday about the £640 million joke at Eurasia Mining (EUA) it is quite clear that Nomad SP Angel does not give a FF about markets in its clients shares being remotely orderly as we have seen with the scandals at the MySquar (MYSQ) fraud and at BlueJay Mining (JAY) where Angel pumped the stock aggressively so it could dump its own shares on mug punters. I have therefore written to the Oxymorons at AIM Regulation suggesting that it force an announcement
833 days ago
In today’s podcast I cover Chill Brands (CHLL) and Guild E-Sports (GILD) as both prepare to publish results.I look at lessons learned, or rather not learned by the Oxymorons at AIM Regulation, from Deepverge (DVRG) and I comment on Union Jack Oil (UJO), its disgraced boss David Bramhill and its inevitable cashburn.
833 days ago
As I explained in detail HERE, Gerry “the arse” Brandon and Deepverge breached AIM Rule 11 ahead of last June’s bailout placing. That AIM Regulation has allowed “the arse” Brandon to keep his job shows what a joke market the Casino is. For today, six months after that bailout placing at 30p, the shares are 20.25p, sliding and still monstrously overvalued. Had the Oxymorons publicly censured this company and Gerry the arse, investors might have got out before today’s shambles.
836 days ago
In a world where anyone gave a rat’s arse about the rules, ADM Energy (ADME) CEO Osamede Okhomina would already be doing a stretch for his offer to buy shares at 7p made last August after a conference call at which all participants were told by ADM’s chairman Oliver Andrews that they were insiders. I exposed that HERE but it seems nothing is happening. But now a more serious breach appears to have taken place.
879 days ago
I have written to the Oxymorons at AIM Regulation,led by the bogus Sheriff of AIM Marcus Stuttard, following two shock revelations on this website which should mean a 7 AM Monday Suspension of Trading in shares in ADM Energy (ADME) and a full enquiry into Nomad Cairn Financial & broker Ardern. The letter follows:
880 days ago
During the next 24 hours I shall be published a number of articles showing that AIM listed ADM Energy (ADME) has consistenly misled investors as to the state of its finances while raising money in new placings. I shall look at where some of that cash went and who was aware of it, including former Tory MP Sir (now Lord) Henry Bellingham of the the 3DM fraud infamy who is a NED. At the end of the series you will be in no doubt that this company’s shares are utterly worthless and that those hawk like watchdogs at AIM Regulation, the folks fomerly referred to as the Oxymorons, should be swooping to feel collars both at ADM but also acting against its advisors. I start with a letter sent to the Winnileaks service which ADM received on 9 July 2021.
888 days ago
Back in last July I exposed AIM Wannabee Central Copper Resources. The team behind it had listed a company, Cradle Arc, on the AIM sewer in late 2018 which within a year saw its shares suspended pending clarification, engaged in tax evasion, traded while insolvent and deceived investors before going bust. Surely advisers and AIM Regulation would not allow such scallywags a second chance?
909 days ago
I set out below four reasons why Tintra’s (TNT) interim financial statements are not compliant with the requirements of IAS 34 for interim financial statements and why new interims are required. Do I expect Nomad Allenby or the Oxymorons at AIM Regulation to do anything about black and white breaches of the rules? No. My faith in regulators or City advisors is at rock bottom. But just for the record:
910 days ago
I start with the two companies beginning with V and articles on this website today: Versarien (VRS) has responded, weakly to this expose. Vast Resources (VAST) cannot respond to this bombshell which exposes the cancer at the heart of AIM Regulation again and makes the shares uninvestable at any price. Then I look at Ben’s Creek (BEN), Skinbiotherapeutics (SBTX) on product launch day and at Central Copper where an IPO that should be pulled is delayed again.
910 days ago
I imagine that the moronic shareholders in Eurasia Mining (EUA) are lining up to buy me a drink after THIS LETTER yesterday to the Oxymorons at AIM Regulation forced the company into a formal update on the bid situation today. No? You shock me. Bear raider Waseem Shakoor was clear of what he thought of the statement:
912 days ago
The Oxymorons at AIM Regulation, led by the hapless poltroon Mr. Marcus Stuttard, the bogus Sheriff of AIM, like to claim that they have created the world’s most successful growth market. But the events of the past two years at Eurasia Mining (EUA) have shown that those who want to run rings around Marcus and the clowns who work for him don’t have to try too hard. I have written to Marcus and his colleagues about the farce at Eurasia and the supposed bid talks. Enough is enough. Will AIM Regulation force a statement? The answer to that one may involve myself and Ms Cheryl Cole.
932 days ago
And I fear that this will continue all week. I am pretty pissed off with Jaya’s nursery and thinking that I am in the wrong business. It looks an even better calling than cabbage picking. I cover two companies today: Ben’s Creek and the explicit challenge to and communication with the Oxymorons at AIM Regulation and Falanx (FLX) where I am sure good news will be pissed away.
932 days ago
It has been three months and ten days since places in a £10 million offering at 30p from AIM listed Deepverge (DVRG) got their stock. At mid they are now 25% down with the shares at 22.5p. Folks who took part in the placing were misled by the company as to its trading position as it breached AIM Rule 11. I have again written to AIM Regulation demanding that formal action be taken. That letter is below. Meanwhile should punters hang on?
936 days ago
It should not be me contacting the Oxymorons at AIM Regulation about this it should be Nomad and broker Cenkos Securities and Primary Bid which raised money at 0.45p per share on August 19, putting their clients into this serial dog. Indeed, Lagos Securities should be considering whether, in light of today’s share suspension, it can continue to act as Nomad for Mercantile Ports and Logistics (MPL). I believe that should be resigning at once. I have written to the Oxymorons as you can see below.
939 days ago
Clearly Vast Resources (VAST) has misled investors of many years allowing the AIM fat cats who run this company to live the lifestyle at the expense of others. I flagged up one such shocker HERE. Fleet Street legend Brian Basham has tried to get the woke dullards at the FCA and the Oxymorons at AIM Regulation to do something but neither seem to care. His latest exchange of emails has fallen into my hands.
948 days ago
This should be an open and shut case and, if only pour encourager les autres, Deepverge PLC (DVRG), its Nomad SPARK Advisory and its journalist trolling arse of a CEO Gerry Brandon should be served up with a severe public censure. I have written to the Oxymorons at AIM Regulation below.
972 days ago
Earlier today I broke the news that MyHealthChecked (MHC) where I am, of course, a loyal shareholder is now selling its covid tests via Lloyds Pharmacies. We do not know if it is just online or in any or all of the company’s 1400 stores but this is clearly material. MyHealthchecked has announced nothing. At one point earlier the shares were up 38%.
972 days ago
Today’s scoop on MyHealthChecked (MHC) has moved the shares and looks like great news. But it might not be. What I have engaged in is not as one moron on ADVFN suggests “willy waving” or “ramping” but good journalism, that is to say breaking news someone does not want published. MyHealthChecked has broken AIM Rules and so created a disorderly market and though I own shed loads of shares I must be consistent and report the company. AIM Regulation should be slapping someone’s wrists. I also comment on Helium One (HE1) and Verditek (VDTK)
983 days ago
Brian Basham sent my most recent article on Vast Resources (VAST) to the Oxymorons at AIM Regulation demanding it take action. Its risible response is below followed by another damning missive from the Fleet Street legend.
989 days ago
It is my penultimate Sunday in Greece and I consider the idiot Mark Drakeford and special hurdles I face in returning to Wales. I have spent the afternoon poisoning frigana in the snake fields. Photos tomorrow but I discuss that. Then I ask listeners to do a final chip in to raise another £495 to see loathsome pig Neill Ricketts sweating in court. Please donate HERE. Finally, I ask you to send 2 emails to [email protected] tonight. One on Central Copper resources and why the IPO must be stopped and one on why sleazy Tim Yeo must be sacked at Powerhouse Energy (PHE).
989 days ago
Yesterday I flagged up the IPO of Central Copper Resources, a company set to list on the AIM sewer this week. There are numerous reasons why it should not and I have today written to AIM Regulation and broker Brandon Hill asking the former to intervene and putting the latter on notice
990 days ago
On 14 July, a company called Central Copper Resources announced its intention to list on the AIM Sewer. On 22 July, a schedule one announcement came out stating that the IPO was expected ”early August”. In light of what I reveal below, I would argue that if AIM Regulation is to have any credibility at all it must stop this IPO now.
993 days ago
I make no accusation here against UK Oil & Gas (UKOG) and its boss Lyin’ Steve Sanderson. It is just that the recent timeline of disaster looks rather compressed to me. And given Lyin’ Steve’s form for er…lying, I have dropped the note, below, to the Oxymorons at AIM Regulation, cc’ing the woke dullards at the FCA since this relates to the conduct of an open offer.
1002 days ago
Peter Brailey has the scoop on all the nationals. Ex Tory Minister sleazy Tim Yeo has been accused by a judge of lying under oath as he was found guilty of failing to appropriately discharge his fiduciary duties and now bankrupt TMO Renewables.
1019 days ago
Fleet Street Legend Brian Basham was once a director of Vast Resources (VAST) but resigned in disgust at what he saw as blatant corporate malfeasance. He has been urging the Oxymorons at AIM Regulation and the woke dullards at the FCA to act, so far, without success. His latest missive to the FCA has fallen into the hands of Winnileaks and makes accusations that surely demand a response. It is shocking and it is below.
1025 days ago
I start with logistical issues. Thanks to Andrew Bell and Red Rock Resources (RRR), I need to find another hat to eat on video. This may take a while but I am a man of my word. I discuss Red Rock and why Bell has let me down. I end with a picture of where I was at lunchtime with Joshua celebrating today’s personal triumph re Eden Research and KPMG. Then I look at Verditek (VDTK) where surely the FCA or the Oxymorons at AIM Regulation must act now. Today’s news begs more questions for the AIM Shit of the year 2012-20, Richard Gill, aka Gollum. Then onto Hurricane Energy (HUR), Wildcat Petroleum (WCAT) and Eight Capital Partners (ECP) part of the Supply@ME Capital (SYME) swamp.
1040 days ago
The staff at Bidstack (BIDS) should get paid next week, assuming that their employer can delay paying other bills. But it is unlikely to be able to meet next month’s payroll so calamitous has been the shortfall in trading vs expectations. Unless Nomad and Broker Stifel can get away a rescue placing within weeks, Bidstack staff should be brushing off their CVs as a matter of urgency. I have written to AIM Regulation as a statement is needed asap.
1040 days ago
The comedy continues at AIM uber-dog Lekoil (LEK) of fake sheikh scam infamy. Three directors of Lekoil have today resigned and have written to AIM Regulation asking those crack regulators to investigate the company. Cripes do they not know about the Oxymorons? You may remember that on June 10 Lekoil fired its CEO, Mr. Olalekan Akinyanmi, on the grounds that he was also CEO of Lekoil Nigeria in which the AIM dog has a 40% stake.
1043 days ago
Roland “Fatty” Cornish, London’s worst Nomad, and the Oxymorons at AIM Regulation are yet to respond to my damning related party expose of Alien Metals (UFO) of last week HERE. While we wait and, as Roland starts the countdown to his elevenses, here are some more questions that he should be asking of his client.
1051 days ago
The number of lies told by this company is so great that I have almost lost count. But then Remote Monitored Systems (RMS) is listed on the AIM Sewer where rule 67 states “Any company can lie to investors via RNS or in podcasts with Justin the Clown or that imbecile Zak Mir and the Oxymorons at AIM Regulation will do absolutely nothing about it.” Okay I made that bit up. And so, with no great hope of it doing anything about quite blatant RNS lying, I have written to AIM Regulation about Remote Monitored Systems and its Nomad and broker SP Angel asking for an investigation into a new £1.5 million lie that emerged yesterday. The letter is below:
1058 days ago
This is my second letter this month to the Oxymorons at AIM Regulation about Bidstack (BIDS) where some investors have been made aware that trading is way behind budget but others live in blissful ignorance. I demonstrated earlier that Bidstack is now within days of going bust unless it undertakes a bailout placing so AIM Regulation MUST force it to come clean. The letter reads:
Ref Bidstack, breaches of Rules 10 & 11, looming insolvency and a possible placing
1059 days ago
Surely, before undertaking a bailout-discounted placing with bucket shops, a company has to come clean and admit that trading is way below what had been forecast? Those are the AIM Rules but Lyin’ James Draper and Bidstack (BIDS) do not give a rat’s arse about rules and neither, it seems, do the Oxymorons at AIM Regulation. On 22 April, house broker & Nomad Stifel slashed its 2021 and 2022 sales forecasts and upped its forecast losses for Bidstack but the company is yet to admit that trading has fallen off a cliff. But today with cash down to almost nothing and staring down the barrel of insolvency, surely it must be made to ‘fess up? Here are the maths:
1059 days ago
Fleet Street legend Brian Basham is at war with Marcus Stuttard, his team of Oxymorons at AIM Regulation and the London Stock Exchange over its refusal to tackle what he sees as industrial scale abuse of market rules and shareholders’ funds at Vast Resources (VAST) where he was once a director. His correspondence with the hapless Stuttard, the self-styled Sheriff of AIM, began on April 20:
1081 days ago
Three sorts of investors know that trading at Bidstack (BIDS) is far worse that the company had hoped for and that it now faces a gargantuan cash crisis putting its very survival in doubt: clients of Stifel, those who can afford a Bloomberg terminal and readers of this website. Thanks to the company ignoring AIM Rules 10 & 11 most investors are seeing their savings die of ignorance. I have again written to the Oxymorons at AIM Regulation urging them to force an immediate statement.
1087 days ago
Earlier today I reported on market speculation that Stifel, the house broker to Bidstack (BIDS) had slashed its sales forecasts and materially increased its loss forecasts for Bidstack (BIDS). This cannot have happened without a company chat so why has there been no official lack of sales/increased loss warning. Is CEO Lying James Draper again in breach of AIM Rules. I have written to the Oxymorons at AIM Regulation, as you can see below
1104 days ago
I have communicated with Britain’s finest regulators, no sniggering at the back please, a number of times on the matter of AIM bad boy Verditek (VDTK), the company run by Tory Toff Lord Willetts which is heading rapidly for insolvency. I have written again on the matter of its market abuse, deceiving investors to pump the shares ahead of bailout placings. The letter is below:
1146 days ago
I hope that AIM Regulation is taking seriously the way that Verditek (VDTK) announced a series of EIGHT contract wins last summer to ramp its shares ahead of a bailout placing in October only to admit, incrementally, that almost none, if not none of the contracts had actually landed. Verditek has done this several times before and needs to be publicly admonished if it is not to commit securities fraud in this way again. But there is another matter…
1146 days ago
My suggestion, made to AIM Regulation and HERE, that shares in all covid testing stocks be suspended on Monday seems to have aroused every idiot who has ever bought an AIM listed share into outrage and anger. Brokerman Dan has joined this populist outrage.
1146 days ago
I start with a reference to the covid testing stocks and the £8 billion Government tender I revealed earlier HERE. Then it is onto how companies are circumventing rules about ramping their shares with lies by getting shareholders to do the pumps via folks like Justin the Clown and Zak Mir. The FCA, AIM Regulation and corporate advisors need to stop washing their hands onto a range of abuses by shareholders and deal with it.
1148 days ago
On 21 January, joke graphene company Versarien (VRS) published interim results which misled investors as to its net debt position by classifying a £1.96 million (illegal) Government loan as a trade payable not as a loan. Having deceived folks with this presentation, loathsome boss Neill Ricketts was again selling shares, this time 1.65 million of them. Now, after I complained to the Oxymorons at AIM Regulation and hapless Nomad SP Angel of fraud MySquar infamy, Versarien has ‘fessed. But even so, it does so in a misleading and deceptive fashion reinforcing why its shares are so utterly uninvestable.
1154 days ago
As you are aware, Marcus Stuttard, the clueless bogus Sheriff of AIM who heads up the Oxymorons at AIM Regulation, continues to insist that his market is a great success. Indeed he recently stated:
1179 days ago
On December 17 Bidstack PLC (BIDS) and its Nomad Stifel Europe, fully cogniscent of the likely outcome for calendar 2020, issued a trading statement which I believe, in light of a confessional and disastrous statement on February 1 2021 was a clear breach of AIM Rule 10. I have written to AIM Regulation demanding an urgent enquiry and that sanctions be taken if appropriate.
1185 days ago
Yesterday Verditek (VDTK) finally ‘fessed that its 2020 revenues would be almost nothing. That is despite it announcing on June 30 that its Italian operation was now “in production and is generating revenue” and the announcement of no less than EIGHT separate orders from 30 June onwards. All of those “orders” were announced before a bailout placing on October 6. And it is not as if this company, chaired by Tory Toff Lord Willetts, has not got extensive form in announcing big orders before placings which then turn out to be bogus. The Oxymorons at AIM Regulation could have stopped this if they had heeded my calls in letter to them about a full enquiry into past pre placing deceits going back right to the IPO but they did nothing. There now needs to be a full enquiry into the company and into Nomad WH Ireland with public censures resulting. My letter is below:
1185 days ago
Twice in the past week, most stridently yesterday afternoon HERE, I have made it clear that Verditek (VDTK), the serial AIM sewer deceiver ramped by shamed tipster “old mother” Walters and chaired by Tory toff Lord Willetts, needed to come clean on yet another pre-placing deceit and its lack of revenues. I guess the Oxymorons at AIM Regulation were listening as this morning the company fessed up. It’s ouzo time for me!
1185 days ago
Brian Basham has been a legend of journalism and PR for more than fifty years. He moves in the highest circles of the Labour Party, is a serial AIM NED and exposer of corruption, notably the HBOS Reading scandal, and is a man not to be ignored. He has written a letter to AIM Regulation boss, the fake Sheriff of AIM, Mr Marcus Stuttard which I publish in full below as it makes very strong allegations.
1186 days ago
I start with a note on why we should spare a few thoughts at 8PM tonight. I then look at Gamestop, Elon Musk, Melvin Capital and sheer insanity writ large. From there I move onto Cineworld (CINE), Verditek (VDTK) where AIM Regulation really must act and then onto events at Sabien (SNT).
1188 days ago
Shares in Ms Willingham’‘s AIM listed Nightcap (NGHT) are the 3rd biggest riser on the Casino today, up 26% at 17p on the back of an article in the Mail on Sunday by Ms Harriet Dennys which, as I poingted out yesterday, is totgal bollocks and a deceipt. It quotes Ms Willingham and the question is has she told a monstrous lie. or is Ms Dennys just making things up? With the shares roofing it I have written to the Oxymorons at AIM Regulation as the company needs to comment urgently. This is a false market.
1191 days ago
The results were so shockingly bad that it is hard to see why Versarien (VRS) bothered to mislead investors. But it did and in a material way and thus I have written to the Oxymorons at AIM Regulation to flag this up and suggesting that odious Neill Ricketts and his disgraced Nomad, SP Angel of the fraud MySquar infamy, be forced to restate reissue a corrected version. The letter is below.
1194 days ago
Being on the Standard List, Supply@ME Capital’s (SYME) statements are regulated not by the Oxymorons at AIM Regulation but the floor-shitters round at the FCA. When it comes to regulating the Standard List, the floor shitters make the Oxymorons seem like Inspector Morse, Hercule Poirot and the Sweeney rolled into one. I have already shown the nonsense being stated about Supply’s change of year-end and why it is trying to cover up. Next up is why the shares should be suspended at once. There is case precedent.
1199 days ago
Bidstack (BIDS) managed to ramp its shares up to 13p the other day thanks to the follow on from a trading statement which was long on ramp but short on critical detail. That AIM Regulation allowed a company with a history of deceiving investors to issue such bollocks is another mark of infamy on its already soiled record. After the pump, you know what comes next and it looks to be underway.
1200 days ago
If you have invested in the IPO of her Nightcap (NGHT) company on AIM I suggest that you have been. This company could go bust by the summer and should never have been allowed on the Casino. What on earth have Nomad Allenby and AIM Regulation been smoking?
1202 days ago
Not only have Octagonal (OCT) and its boss John Gunn both been charged by the SEC with breaking Securities laws but both are now shown to have lied to investors in a madssive way via RNS. Today they admit to that crime and then lie again. How on earth AIM regulation think Gunn is fit to run not one but two AIM listed companies, Octagonal and Inspirit (INSP) defies belief.
1217 days ago
On Christmas Eve Octagonal PLC (OCT) and John Gunn issued an RNS which is, with the document below, indicates to be a monstrous lie. The Nomad who signed it off, Mr Roland “fatty” Cornish is – as I showed HERE and HERE – massively implicated in this mess and should be struck off by AIM Regulation asap. But back to the Christmas Eve RNS. It looks to be a massive lie, surely now shares in Gunn’s other AIM listed dog, Inspirit (INSP) must be suspended too.
1218 days ago
This is all to do with events at Octagonal (OCT) described earlier. When did Fatty know? The answer is that thanks to a whistleblower it was eons ago. But it is what he did about it that is the real scandal and why AIM Regulation must drum him out of the City PDQ if it is to maintain any sort of pretence that AIM is a credible market. PS. Merry Christmas to one and all, even Fatty.
1221 days ago
How many letters have I written to the Oxymorons at AIM Regulation about the lies and market abuse committed by Versarien (VRS)? To their credit, the Oxymorons have, on a number of occasions, forced Versarien to issue a new RNS fessing up to various ghastly truths so they do heed my words sometimes. Anyhow, Versarien has told another porky today and so I have written again.
1248 days ago
Shares in Remote Monitoring Systems (RMS) have crashed by 19% today to 2.05p. Just nine days ago mug punters were paying 5p as, unbeknown to them, the two main directors flogged all of the shares in which they had an interest. This is a massive scandal and surely even the Oxymorons at AIM Regulation will figure out that a Stewards is needed ASAP.
1254 days ago
On 17 April 2020, worthless AIM promote Bidstack (BIDS) published details of an “independent” study that it claimed validated its technology. Following intense pressure from ShareProphets, AIM regulation forced Bidstack to ‘fess on 27 April that the research was not at all independent but was paid for. In that light, I have written to the Oxymorons at AIM Regulation and to hapless and shamed Nomad SP Angel about the release issued by Versarien (VRS) yesterday.
1257 days ago
Over the weekend, I revealed the second reason why the RNS issued by cash-guzzling AIM Casino promote Powerhouse Energy (PHE) was grossly misleading. I have now written to the Oxymorons at AIM Regulation urging them to force Powerhouse and its shoddy Nomad WH Ireland to issue a full clarification and to face formal censure.
1259 days ago
Another day brings yet another bailout placing for AIM listed sub scale investment company TERN (TERN). It will not be the last but AIM Regulation needs to investigate the circumstances of this placing for there is now a clear pattern of deception emerging. I have dropped the Oxymorons a letter today.
1271 days ago
Over the weekend, I published data on the so called Gatwick Gusher which demonstrates that Horse Hill, instead of gushing, saw output more than halve in the four months to July to just 120 bopd One assumes that UK Oil Gas boss Lyin’ Steve Sanderson is now sitting on even worse data from the summer. I have written to the Oxymorons at AIM Regulation:
1271 days ago
If we do not get clarification from UK Oil & Gas (UKOG) boss Lyin’ Steve Sanderson first thing Monday then AIM Regulation must surely act.
1289 days ago
Okay, I know that Neill Ricketts thinks that rules are for little people and since his Nomad is the disgraced SP Angel, which is quite happy to act for proven frauds, it probably does not care either. Maybe the Oxymorons at AIM Regulation need to whir into action?
1303 days ago
Spotting misleading and deceptive RNS statements made by technically insolvent AIM listed ramp Verditek (VDTK) is like shooting fish in a barrel. The skill is in finding one that is demonstrably true! Given that the company needs a placing pronto to avoid bankruptcy, AIM Regulation and the FCA should be investigating all its statements made via RNS to establish if ANY are true, given how many pre-placing lies I have unearthed. So here is yet another one… Optimeyes.
1312 days ago
I have now proved beyond any doubt that technically insolvent Verditek (VDTK) has misled investors grotesquely during five separate fund raises. If AIM Regulation was not staffed by such poltroons the shares would already be suspended. They may still be. So what does that say for the integrity of the man at the helm, the chairman Tory Toff Lord David Willetts?
1315 days ago
I have already demonstrated HERE and HERE and HERE how AIM darling Verditek (VDTK) has deceived investors in peace time and also in wartime, i.e the run up to placing after placing after placing. Now I turn to events from August 2017 to October 2018 which did not start to come to light until June 2019 and show, with regard to the WES operation, industrial scale deception by the company, before and during a fund raise which also involved misleading investors. AIM Regulation needs to suspend these shares pending an independent investigation into every claim Verditek has ever made since the repeated nature of its deceptions is now just too great to ignore.
1323 days ago
I have already demonstrated that AIM listed Verditek (VDTK) misled investors in a material way with regard to phantom orders ahead of placings in September 2019 and March and May this year. But this now gets far worse and AIM Regulation/The FCA needs to step in at once. Let’s start with the high grade Tory sleaze.
1342 days ago
In yesterday’s bearcast I explained why suggestions that Reach4Entertainment (R4E) CEO Marc Boyan was considering merging Reach with his private company Miroma should be investigated by the authorities. Upon reflection the scandal is potentially even larger than I thought. Notwithstanding the fact that two guests at my wedding (Messrs Wray & Yeoman) of which I shall be celebrating the 7th anniversary this coming weekend, are intimately involved with Reach and will be very pissed off with what I am doing, I have now written to the Oxymorons and the Chocolate Teapots and asked them to consider involving the Takeover Panel. The letter follows.
1343 days ago
Yes it is corrupt to claim that with 60 articles a year you are chasing Neil Woodford when you were for two decades his greatest cheerleader on Fleet Street. Jess Press-trip ignored ALL the warnings and kept on urging Mail on Sunday readers to average down on Woodford funds. He should hold his head in shame. He demands transparency over Woodford, I demand transparency from him so have 4 questions the loathsome reptile will not answer. I also look at bent PR led journalism at the Sunday Times ref BT (BT.) Then it is onto Reach4Entertainment (R4E) where the FCA and AIM Regulation should be all over the company, its CEO Marc Boyan and chairman Lord Grade.
1347 days ago
Enough is enough. Two weeks ago, an article HERE forced Verditek (VDTK) to admit on August 12 2020 that the two big contract wins announced in 2019 had not gone through but it had raised money without telling investors of these massive setbacks. On Friday, I showed that it had actively misled investors ahead of placings in September 2019 and March 2020. Enough is enough. How many more lies have been told? I have written to the FCA & AIM Regulation asking for the shares to be suspended pending a full investigation into the company, its directors, and Nomad WH Ireland which, at best, has been asleep at the wheel.
1352 days ago
On February 4 2018, I asked if Murray d’Almeida of Management Resource Solutions (MRS) would care to explain his links to an outfit called Halcyon as you can see HERE. Natch the FCA and AIM Regulation, the Chocolate Teapots and the Oxymorons, did nothing about this or numerous other matters we raised. Now Management Resource is no more but might the authorities care to reconsider looking at those responsible for its collapse, those who made money from it before the collapse, notably D’Almeida’s business partner, and those City advisors who enabled the sh*t show to run and run by turning a blind eye, or - in the case of legal tosser Peter Reynolds of Fladgate in threatening a journalist who exposed this scam (viz me) – I ask in light of the article below from the Australian press.
1355 days ago
Maybe having a Tory grandee, Lord Willetts, as your chairman means that you are allowed to commit securities fraud with impunity on the AIM Casino? As I exposed yesterday HERE, that is most certainly what Verditek (VDTK) has been up to. Given that it is currently technically insolvent and its shares are being ramped on an industrial scale by disgraced tipster Mike Walters of 3DM, Polly Peck, Minmet, etc etc infamy and others, another placing must be imminent. I have today written to the Chocolate Teapots at the FCA and the Oxymorons at AIM Regulation asking it to try to, for once, stop fraud.
1394 days ago
The continuing suspension of Eurasia Mining (EUA) makes no sense at all, at least not without another statement from the company on why it is still suspended. What is happening now is in clear breach of AIM rules. Thus an upstanding and concerned citizen who is, I believe, short of the shares though that is irrelevant has written to morally bankrupt Nomad SP Angel and the Oxymorons at AIM regulation, demanding that rules be adhered to. The letter is below:
1419 days ago
Between June and December 2016, I commented extensively in a series of article on the greed of William Dewsall, the CEO of Gable Insurance Holdings Inc, who extracted over £15 million in cash from the Group and its dire prospects, which to remind readers ended up being worthless when its insurance subsidiary company was placed into administration on 17 November 2016. Natch Nomad and broker Zeus and the oxymorons at AIM Regulation did nothing until it was too late.
1434 days ago
Myself and some friends from here, the last village in Wales, walked the track around the 3 farthest fields at the Welsh Hovel and it is 1.1 kilometres long. That means that on June 13 I shall walk the circuit 50 times exactly raising the money Woodlarks needs just to survive into 2021. Today I did three laps as I faced a busy day. Tomorrow it will be ten. Please donate a few quid today HERE. In the podcast I consider in long detail the timeline of major share dealings at AJ Bell (AJB) which just does not look right to me. There are a stack of questions going begging. Then it is onto Eurasa (EUA) and what will happen on Friday. Will SP Angel again show that it will act for anyone or will AIM Regulation wade in to ensure Eurasa is booted off the AIM Casino? I discuss that matter in detail.
1439 days ago
In today’s podcast I look at the pronouncements from the odious leprechaun at Ryanair (RYA), Michael O’Leary. He may be right in what he says but that is no reason to buy airline shares. Then I cover Corero (CNS), Open Orphan (ORPH), where I am both vindicated after Friday’s letter to AIM Regulation and also a seller of more shares today, Novacyt (NCYT), Collagen (COS), Falanx (FLX), and Bidstack (BIDS). Thanks to those who have donated to Rogue Bloggers for Woodlarks but most of you have not yet! Please do spare a few bob as the campsite needs our help urgently if it is to make it to 2021. Donate HERE
1442 days ago
Despite incteasingly desperate attempts to ramp its share price, AIM dog Bidstack (BIDS) sees its stock marooned at 6p. Interestingly, the spread is wide enough to drive a bus through, indicating market makers are aware that either one last ramp but also that a deeply discounted bailout placing may be imminent. But the bare fact is that the company cannot both meet May payroll and satisfy short term liabilities. As such, its shares should surely be suspended pending clarification of its financial position. I have written to the Oxymorons at AIM Regulation today making this request.
Suspension of trading in shares in Bidstack PLC
To AIM Regulation
cc hapless Nomad Mark Brady at Spark
1459 days ago
Since April 17 I have written to AIM Regulation and hapless Nomad Mark Brady of SPARK four times about the latest big lie to investors told by Bidstack (BIDS). At 4.20 PM on 27th April came an RNS ‘fess up but I smell no contrition. This is a company with a culture of deception. But without ShareProphets it would have got away with it.
1459 days ago
I have today written to Mark Brady of Nomad SPARK Advisory urging him to take immediate action with relation to the weekend’s exatraordinary events, the involvement or otherwise of CEO Lyin’ James Draper and other matters from the week before. Natch I cc in my good pals at AIM Regulation. The letter is below.
1464 days ago
I have now written not once but twice to the Oxymorons at AIM Regulation regarding the misleading RNS Reach issued by Bidstack PLC (BIDS) on Friday 17 April. The Oxymorons and indeed hapless Mark Brady at Nomad SPARK have yet to respond. So enough of monkeys, I have written directly to Marcus Stuttard, head of AIM Regulation, as you can see below.
To Marcus Stuttard.
cc clueless Nomad Mark Brady at SPARK
Re Bidstack PLC & the misleading RNS Reach of 17 April
1466 days ago
The Oxymorons at AIM Regulation and hapless Nomad Mark Brady at SPARK have yet to reply to my letter of Saturday about Bidstack (BIDS), the almost bankrupt company led by Lyin’ James Draper which, I believe, (again) deceived investors last Friday. so I have penned a follow up missive. Surely the time has come to suspend the shares. The letter is below.
To: AIM Regulation
cc: Hapless Nomad Mark Brady at SPARK
1469 days ago
Bidstack really should be clarifying its financial position. By my calculations it can meet payroll this month but will not be able to pay its bloated wage bill at the end of May. Its financial position is certainly perilous and that means that this company, run by a proven liar, Lyin’ James Draper, needs an urgent bailout placing ASAP. That is one issue it should clarify via RNS. The second is to clarify whether a statement it issued via RNS Reach yesterday was misleading. I believe it was, as explained HERE, and have now written to the Oxymorons at AIM Regulation suggesting that they force a follow up RNS. The letter is below.
1470 days ago
I start with a note on Bidstack (BIDS), which I shall be taking up with AIM Regulation over the weekend and end with Future (FUTR) which needs to issue a profits warning. In the middle I go therough the very murky tale at AIM listed All Active Asset (AAA) which sees uber ramper Chris Akers in action and Peterhouse Corporate Finance boss Peter Greensmith make a £768,000 killing in his private vehicles while acting as broker and pulling the strings at AAA and also acting as broker to suspended AIM stock Asimilar which is involved in this strange tangle. Then it is onto Optibiotix (OPTI) and a small placing. But this is not a bailout as Cynical will no doubt claim but,possibly a gateway, to a mega re-rate as I explain.
1481 days ago
As I noted earlier, the RNS issued by Versarien (VRS) is a shambles and opens up all sorts of questions about share dumping by boss Lyin’ Neill Ricketts last April. I was set to contact AIM Regulation and the FCA about it but it seems that valiant Tim Kempster has beaten me to it. The Regulators really do need to act on this at once. Tim writes
1485 days ago
I swear i am not joking. I discuss my life with Evil (no, Mt BBM we are not gay lovers, stop sniggering at the back) and his remarkable macro view. I also reveal I have a treat for you all, keep May 8 in your diaries! In terms of stocks I look at the scandalous flouting of almost every rule by AIM Casino posterboy Conroy Gold & Natural Resources (CGNR) and the wider issue that the Oxymorons at AIM Regulation will do SFA about. I look at Burford (BUR) and more vindication for my pal Carson Block of Muddy Waters, at Carnival (CCL) – sorry Three Brains - and at Coro Energy (CORO) where the curse of James “Dracula” Parsons strikes again.
1487 days ago
I am afraid it is true. I have today, April 1, given three months notice to ShareProphets as I have accepted an offer from the London Stock Exchange to head up a new unit tackling fraud on AIM. I cannot lie, I am doing it for the money. Marcus Stuttard has been remarkably honest in today’s release announcing the hire. The head of AIM regulation says:
1495 days ago
Canaccord quit as Nomad to Versarien (VRS) partly because of the social media antics of its CEO Lyin’ Neill Ricketts. Obviously, new Nomad SP Angel does not care about that as it was happy to act for proven fraud MySquar (MYSQ). Do John Meyer and his cronies have any standards at all? And how will AIM Regulation take Neill’s latest lies
1495 days ago
Yesterday Versarien (VRS) announced a death spiral on steroids which will only postpone bankruptcy and will see the share price shredded but the RNS was, I believe, an exercise in market manipulation and market abuse. Only a Nomad like SP Angel of the fraud MySquar infamy, could have signed off on it. I have written to the regulators demanding that, again, they take action
1509 days ago
Shares in Telit Communications (TCM), the company founded by mortgage fraudster Oozi Cats, have collapsed from 170p two months ago and 150p a month ago to just 114p to sell. There are three possible reasons for this and I have written to the Oxymorons at AIM Regulation asking it to force the poltroons at Nomad FinnCrap to force Telit to issue a statement. The letter is below.
1513 days ago
The FCA and AIM Regulation are now looking Neill Ricketts claim to have sold shares to fund the building pf a laboratory at a school which has not built the lab and claims a much smaller sum is NOT coming from Neill persobnally. While the regulators deal with that act of market abuse here is another twitter lie from Ricketts.
1514 days ago
I am not saying that Versarien (VRS) should be slung off the AIM Casino although it is a worthless POS heading rapidly for a cash crisis as it, again, runs out of other people’s money. However, the latest expose about the antics of its CEO Neill Ricketts makes it abundantly clear that he is not fit to run a listed PLC. Since Nomad SP Angel of MySquar infamy will act for any old fraud and does not care I have written to AIM Regulation, which yesterday- after communications from me – forced the company into a fourth fess up RNS in a little over a month - asking that it force him to stand down from the Versarien board.
1525 days ago
An article has today appeared in the Russian press and has now been picked up on Bulletin Boards. It is damning evidence that Eurasia Mining (EUA) is itself the source of rumours that created a disorderly market and share suspension. How on earth can the FCA and the Oxymorons at AIM Regulation tolerate this? Surely a statement on various rumours detailed HERE, is needed now. The sixth and critical paragraph of the article with my underline and using google translate is below.
1526 days ago
Yesterday, for the third time in less than a month, Versarien (VRS) was forced by an article on this website and then by AIM regulation to come clean on something, this time a founder director dumping all his shares. Let’s go for a fourth win, the relationship, or lack of it, with BIGT. My letter follows.
1530 days ago
Today we have the shock news that Versarien (VRS) has a new Nomad. Not a better Nomad, SP Angel is clearly massively inferior to Canaccord and this begs the question whether Versarien lied to investors on February 10. I have thus written to the Oxymorons at AIM Regulation and to the FCA with a question so simple that even they should be able to answer it.
1531 days ago
Yet again shares in Versarien (VRS) have risen on a rumour which appears to come from the company itself. Once again there is a false market and so once again I have written to AIM Regulation urging it to force the company to come clean.
1531 days ago
Nigel Somerville is too nice a guy to ask if a company has been a very naughty boy indeed. I am not. I note his piece earlier on Advanced Oncotherapy (AVO) and it seems obvious that, while Nomad Allenby probably does not give a flying feck, the question should be asked. And so I have written to the Oxymorons at AIM Regulation asking them to investigate
1531 days ago
This is a total omnishambles clusterfuck and it is hard to know where to start. So let’s just note the strange coincidence that yesterday shares in Bidstack (BIDS) were marked sharply lower and today the company has served up the most godawful of trading statements. But this is AIM, supervised by those stormtroopers of propriety, the Oxymorons at AIM Regulation with assistance from the chocolate teapots at the FCA so there cannot have been any insider dealing. No really. Stop sniggering at the back please.
1538 days ago
Versarien (VRS) has today issued an RNS which suggests that its Nomad, Bobbie Hilliam at Canaccord, has allowed it to drive a coach and horses through AIM Rules 10 and 11. I have written to the Oxymorons at AIM Regulation asking that Versarien and Hilliam be sanctioned and that it force the company to issue a clarifying RNS.
1551 days ago
Thanks to Winnileaks I now have in my possession a damning email sent by London’s worst Nomad, the restauranteurs saviour, Mr Roland “fatty” Cornish to his client ADVFN (AFN) advising it to take a course of action in direct breach of AIM Rules. I do not blame ADVFN for this at all but surely Fatty needs to be given an almighty bollocking by AIM Regulation for his latest crime?
1551 days ago
Two days ago Versarien (VRS) was forced by AIM Regulation, following a complaint by me, to ‘fess up that its much vaunted US “hub” was in fact an empty serviced office where nobody works. But in that ‘fess up RNS it made another claim which may or may not have been verified by the hapless Nomad, Bobbie Hilliam of Quindell infamy, now working at Canaccord. Thus, I have again written to AIM Regulation as you can see below.
Versarien, further clarification needed on its sham US Operation
To AIM Regulation
cc Bobbie Hilliam
1557 days ago
In May of last year uber ramp Versarien (VRS) proudly announced a major US move. Unfortunately what it said was grossly deceptive and after I wrote to AIM Regulation last week it has today been forced to ‘fess up to this. Neill Ricketts is increasingly like the naughty boy sat outside the headmaster’s study almost every lunchtime hoping it is just another beating not a letter to his parents saying he must leave the school in disgrace.
1560 days ago
AIM Regulation has now acknowledged my complaints about the secret chatroom inhabited by Versarien (VRS) boss Neill Ricketts and his disciples where Neill told them what to post on Bulletin Boards and where the disciples discussed how to get around insider dealing rules and how to attack me. The complete radio silence from Ricketts since then suggests that investigations are very much ongoing. In that vein I have another matter to raise with the regulators, that of possible investor deception. My letter just sent is below.
Versarien PLC – is it deceiving investors with misleading RNS May 9 2019
To AIM Regulation
cc Bobbie Hilliam, Canaccord
Sirs.
1566 days ago
Neill Ricketts continues to operate an almost Trappist new media silence suggesting that my letter to AIM Regulation and his Nomad Bobbie Hilliam of Canaccord about the private Versarien (VRS) Discord chat room is being taken very seriously indeed. However, over the weekend evidence emerged HERE of just how fragrantly Neill Ricketts breaks AIM Rules and so I have written again.
1568 days ago
All the signs are that AIM Regulation and hapless Nomad Canaccord is clamping down on the private Versarien (VRS) chatroom inhabited by Neill Ricketts and his Versarien cronies after shocking revelations like this HERE. However Winnileaks now has material from a similar chatroom on the private Telegram platform where Eurasia Mining (EUA) boss Dmitry Suschov and his proxies are “at play”.
1568 days ago
Say what you wish about shameless ramper Neill Ricketts of Versarien (VRS) but he is a man who would turn up at his local Women’s Institute meeting if there was an opportunity to ramp his shares. He’d never turn down an opportunity, however small, for a spot of ramping. But right now he is embroiled in a regulatory tangle with his Nomad and AIM Regulation over the secret Discord Group exposed HERE and HERE. Ricketts was set to fly on Tuesday of next week to host a lunch in God’s chosen lands of Ulster…
1569 days ago
Yesterday’s shocking expose of how Neill Ricketts of Versarien (VRS) was using a private chat room to pass unverified and price sensitive information to select investors should have forced AIM Regulation and hapless Nomad Bobbie Hilliam of Canaccord to act. So far nothing. So thanks to Winnileaks I have more screen shots, maybe this will finally see order restored…
1571 days ago
Last year I forced Versarien (VRS) to issue a clarifying RNS after Neill Ricketts made unverified and it seems untrue claims on twitter. Nomad Bobbie Hilliam at Canaccord read Ricketts the riot act and his twitter outpourings have been greatly diminished. But I can reveal that he has a new conduit on a private chat group on Discord. I doubt his Nomad or AIM Regulation are aware of it but thanks to Winnileaks they will be soon and will be horrified as I have a series of screenshots to share.
1586 days ago
Bidstack(BIDS) has a CEO who is prepared to lieu to investors as he demonstrated on August 8. That the company’s Nomad SPARK Advisory and the Oxymorons at AIM Regulation have not ensured that Mr James Draper is fired shows you what a joke the Casino has become. Now we have clear evidence of a double breach of AIM Rules. I have written to the Regulators today, demanding a full investigation. My letter follows:
Formal Request to investigate Bidstack PLC and Nomad Spark and SPARK QEs Neil Baldwin and Mark Brady for clear breaches of Rule 10 & 11 on 18 & 19 December.
1594 days ago
NoGold has still not been in touch regarding the £50 he owes me. It seems as if my good mates at the FRC really are getting tough on executives who commit accounting fraud. Fabbo. But I ask for more. And what of lying? It is fraud of a different sort and I have strong suggestions for what the FCA and especially the Oxymorons at AIM Regulation already can do and very rarely do do but need to do so more often to drain the swamp and put me out of a job.
1596 days ago
I have today written to the Oxymorons at AIM Regulation with regard to Remote Monitoring Systems (RMS) and its disgraced Nomad SP Angel of Mysquar (MYSQ) infamy, asking if monthly management accounts can be produced to justify statements made just three weeks before the last bailout placing on October 18. If they cannot be produced the regulator needs to take severe action against the company and its Nomad. I write
1614 days ago
I have now arrived at the Greek Hovel, photos here. In today’s podcast I discuss the pitiful way Sam Smith of FinnCrap (FCAP) blames Neil Woodford for the state of AIM. For once I defend the disgraced fund manager. I look at Eurasia Mining (EUA), I3 Energy (I3E) and also at Fastjet (FJET), a company that uses journalist smearing Citigate to polish its turds. The Eurasia podcast I refer to which should now be looked at by AIM Regulation is HERE
1628 days ago
AIM dog Brady (BRY) will shortly be taken over by PE firm Hanover at 10p a share. If the deal is not supported by shareholders the company will go bust. I have already twice written to the FCA and AIM Regulation demanding that they investigate how Brady and its Nomad Cenkos mislead investors. Today the scale of that deception has become clear.
1640 days ago
This morning we discover that AIM listed jam tomorrow purveyor Tern (TERN) has again passed the hat around with a discounted placing raising £1.75 million at 11.15p. But it was only able to get a placing away at that price because of spurious rumours which the company and its advisors must have been aware of and which it did nothing to quosh. I have written to the Oxymorons at AIM Regulation and to the chocolate teapots at the FCA requesting an urgent investigation into the company, its Nomad Allenby and broker Whitman Howard. It is not as if Tern does not have form in this respect.
1640 days ago
In today’s podcast I look at the looming General Election, at a pathetic excuse from Hargreaves Lansdowne (HL.) for not commenting on Neil Woodford, at Sound Energy (SOU), the ramp du jour Euraisia Mining (EUA), at the scandals at Tern (TERN) and Big Dish (DISH) and what they say about the institutionally useless FCA and AIM Regulation and at the profits warning from Empressaria (EMR).
1650 days ago
Individuals not companies commit fraud, lie via RNS and break securities rules. And it is individuals not corporates who must be punished for their crimes. Otherwise getting caught for white collar crime becomes simply another “cost of doing business”. In that vein I have again written to the FCA and AIM Regulation about Brady (BRY) where I do not accuse anyone of fraud or lying but I do accuse them of heinous rule breaches.
1656 days ago
I have already written to AIM Regulation and the FCA about Bidstack PLC (BIDS) about the way its CEO James Draper materially misled investors in a podcast with Justin the Clown on August 8 2019 with regard to half calendar year results. I trust that action will be taken. But I now have cause to write again on the matter of the full year lack of profits warning the company should be issuing and is not. The letter follows.
Ref Bidstack PLC and a profits warning it is failing to issue
To AIM Regulation:
cc Mark Brady, Nomad at Spark
1664 days ago
My comrade Evil Banksta has today exposed how AIM listed Bulletin Board darling Bidstack (BIDS) has misled investors and is also clearly sitting on a lack of profits and sales warning. For the former naughtiness the FCA should iopen an enquiry at once into possible market abuse, for the latter AIM regulation must force a statement. Being a fine upstanding citizen I have today written to the regulators. My missive follows:
Ref Bidstack PLC: Formal Request to Investigate Market Abuse & breach of AIM Rule 11
To: The FCA, AIM Regulation
cc Mark Brady, Spark Advisory, Nomad
1666 days ago
Eleven days ago I exposed the funding crisis at AIM casino dog Brady (BRY) which it, and its Nomad Lagos Securities, had hidden from investors for a long time, The shares were then 26p. Thanks to my correspondence with AIM Regulation it was forced to, at least partially, ‘fess up to its problems. As I write the shares are now 4.05p having crashed another 46% today. Time for an urgent statement and share suspension methinks. Specifically we need to know:
1671 days ago
Last week I reported Brady PLC (BRY) and its Nomad to AIM Regulation and the FCA over material non disclosures. As a result, the former forced Brady to issue an RNS in which it came clean as to the horror of its financial position. Now it seems as if the latter is looking at my material and might just launch a formal investigation. The FCA has been in touch with its favourite investigative journalist and writes:
1671 days ago
Yesterday I revealed, HERE, the shocking way that Brady PLC (BRY) had withheld damaging price sensitive information from the AIM Market and investors, in part with the collusion of Nomad Cenkos. With the company now having to raise £3 million in just six weeks simply to meet November payroll but needing far more to be viable, it and Cenkos are still dissembling about the nature and scale of its problems. I have today written to AIM Regulation and the FCA asking for a formal investigation and to force Brady to come clean. The letter is below
1697 days ago
Shares in this posterboy for the AIM Cesspit fell in morning trade. Pure coincidence natch! Nothing to see here officer, move along quickly please. At 2.20 PM the Oxymorons at AIM Regulation suspended trading in a company we have pointed out is drowning in debt and red flags and is almost certainly worthless on many occasions as you can see HERE. At 4.01 PM Management issued a statement. You cannot make this shit up. Only on the AIM Cesspit.
1708 days ago
UPDATED: Earlier today I revealed that AIM superstar First Derivatives )(FDP) had been sitting on highly damaging and adverse price sensitive information since Tuesday of last week and had not disclosed this to the market. But it could be far worse. Far worse. I have thus written to both the FCA and to AIM Regulation demanding an immediate formal enquiry into a range of possible offences. It now emerges the case settled on Friday (terms unclear). That does not mean that on Tuesday/Wednesday it should have not been announced.. The letter is below:
1713 days ago
A bit better, only 1 coughing fit in 25 minutes. Thanks for all your best wishes. In today’s podcast I discuss the threat of recession and what it means for your portfolio, a grilling for ‘Arry of Kefi (KEFI) for you to take part in, all things Burford (BUR) with references to Avanti (AVN) and Quindell (QPP) and why I’m writing to the Nomad and AIM Regulation this weekend and Corero (CNS) which is a true shocker in every respect. We did warn y’all!
1719 days ago
Yesterday AIM uber-ramp Versarien (VRS) was forced to issue a statement about a tweet posted by its boss Neill Ricketts the day before as a result of Thursday’s bearcast and an email I’d sent to regulators that day. But the response itself is nonsensical and raises the very real question of whether Ricketts sold shares in April while sitting on inside price sensitive information. I have thus sent another email to regulators at AIM Regulation (the Oxymorons) and to Bobbie Hilliam of Quindell infamy who acts as Nomad to Versarien at Canaccord.
1741 days ago
Telit Communications (TCM) is a case study on why the AIM Casino is such a casino. Not only does it claim to be running at a cash profit while c$20 million of cash disappears in the first half of the year. But rules are broken and the folks meant to stop that, Nomads such as FinnCrap, do nothing to prevent it happening. And the regulators then do nothing about it. So other folks feel free to offend.
1761 days ago
You may remember our August 2017 shock expose HERE about how the founder and CEO of AIM listed Telit Communications (TCM) was not Oozi Cats but in fact Uzi Katz, a man who had fled the USA to avoid charges of mortgage fraud. Almost two years later the Oxymorons at AIM Regulation have acted. In a totally limp dick manner.
1789 days ago
And clueless Marcus Stuttard at AIM Regulation wonders why the AIM Casino is regarded as such a joke? How about because companies are able to lie to investors without sanction? I flagged up BlueJay earlier for telling a monstrous porky, now here is another, Live Company (LVCG).’
1789 days ago
Individuals not companies lie, deceive, cheat and break the rules. If you want to stamp out white collar crime you hammer individuals not companies. Natch the Oxymorons really do not get that at all. Today AIM Regulation has fined Real Good Food (RGD) £450,000 (reduced to £300,000 for co-operating with enquiries) for some monstrous crimes committed largely by its former executive chairman Pieter Totte, but also by two other former directors. The full shocking notice is below.
1797 days ago
If Westminster Group (WSG) was regulated by the SEC not the weedy poltroons at the FCA and the Oxymorons at AIM regulation, shamed ex Tory MP Tony Baldry of 3DM infamy would this morning be sweating like the dirty pig he is. Let me explain.
1811 days ago
I demonstrated clearly that AIM listed MySquar (MYSQ) was a fraud, founded and run by a lying fraudster Eric Schaer way before it finally folded. The great and the good at AIM Regulation and Nomad SP Angel did nothing about it despite explicit warnings Self important PR fucktard Piers Pottinger stayed on as chairman, standing by his man and ignoring me. PR spawn of Satan Damian McCrystal banked his cheques and carried on spinning. The fraudsters fave journalist (and ADVFN blogger of the year) Ben Harrington ran bogus stories in the Sunday Papers to get bailout placings away. No-one cared about the lies Schaer told. You guys are the establishment and it is far simpler to bank fat salaries and dismiss me as failed fund manager, pizza restaurant employee, yak, yak yak. Well gents you, 1% er bastards who are complicit in a transfer of welath from the many (shareholders) to the few (yourselves), please now read the Singapore Court Documents below branding Schaer a liar, a thief and a fraud. Read, weep and apologise to the Sheriff of AIM and to investors who have lost everything. You were all warned. You are complicit.
1811 days ago
China fraud specialist Paul Shackleton is trying to restore his soiled reputation and personal finances as head of the Nomad team at Arden. But this is proving hard given the activities of Arden client Management Resource Solutions (MRS). Over the weekend, thanks to Winnileaks, we exposed the biggest lie yet told by Management boss John Zorbas over the dodgy as hell related party nest of snakes £1.32 million acquisition of Alerion. In friendship, I have written to Mr Shackleton asking if Arden will quit as Nomad now and explaining exactly why they must. I have cc’d in AIM Regulation.
1834 days ago
AIM regulation has acknowledged that it has received my formal requests to investigate lies told via RNS and the related party nest of snakes at Management Resource Solutions (MRS). At the centre of it all is 10% shareholder and noted market bad boy Leon Hogan. Now thanks to Winnileaks here is something else for regulators to consider…potential market abuse.
1834 days ago
If an AIM listed company lies to its Nomad and to the market the Nomad should quit on the spot. Thanks to Winnileaks we bring you an email exchange below which shows that Management Resource Solutions (MRS) told a monster lie this week. The end should be nigh. I have alerted the Nomad, AIM Regulation and the FCA.
1834 days ago
In today’s bearcast I read out an email sent to Paul Shackleton (and AIM Regulation) regarding Management Resourse Solutions (MRS) following today’s bombshell HERE. I look at Plus 500 (PLUS), AFC Energy (AFC) and First Property (FPO) whose CEO is outed today as a Brexit Party candidate. I also do read out the roll call of heros who have sponsored Rogue Bloggers for Woodlarks. Tomorrow I am attemptng to do a 22 mile training walk so as you think of my pain why not be a hero too and sponsor all nine rogue bloggers HERE
1852 days ago
Following intense lobbying by the team at AIM Regulation, the organisers of the annual AIM awards have today, 1st April, agreed that the presenter of the 2019 awards for excellence on the world’s most successful growth market will be the Sheriff of AIM, Tom Winnifrith.
1994 days ago
Presented by myself, in October 2017, with slam dunk evidence that AIM Casino listed fraud MySquar (MYSQ) had committed wholesale fraud, the boss of AIM Regulation Marcus Stuttard did nothing. So MySquar was able to raise millions more pounds on the casino and private investors have lost everything. Still Stuttard thinks he is doing a good job. We captured the moment Marcus received the MySquar report in the picture below and as you can see HERE, you supplied many suitable captions. But there can only be one winner, Kayeserasera received a signed semi-naked photo of top share blogger Thirsty Paul Scott for the entry below:
2000 days ago
In October last year I presented thje AIM Regulation team headed by the man who ludicrously allowed himself to be dubbed the Sheriff of AIM, Mr Marcus Stuttard with slam dunk proof of massive fraud at MySquar (MYSQ). He did nothing. MySquar raised millions of pounds AFTER that from issuing shares which after today are now worthless as the fraud is laid bare. Mr Stuttard's failure to act has cost investors millions. And this is not his first lamentable failure. Is he the most useless regulator on this planet? Anyhow, he is pictured below after receiving my proof of fraud at MySquar last October. Please supply a suitable caption by midnight tonight in the comments section below.
2000 days ago
Oh dear. Oh Dear. I pointed out that MySquar (MYSQ) had lied and committed fraud numerous times – notably with the 31 July 2017 placing – but Nomad SP Angel was happy to turn a blind eye and bank its retainers. Marcus Stuttard and the keystone cops at AIM Regulation were given specific warnings but did nothing. Now the whole thing has blown up so who looks like a frigging clown now Marcus? Is it Tom Winnifrith, the real Sheriff of AIM, or Marcus Stuttard, a man who is meant to regulate but instead turns a blind eye to blatant fraud, a useless not fit for purpose fucking poltroon?
2063 days ago
Justin the Clown was one of the victims of Andalas Energy (ADL) during its first -99% stint although in an amazing podcast today, 25 minutes of bollocks in, he appears to say that last time around he was selling shares while telling folks that he'd be "homeless if they don't go up". But now the fool is buying again! In an email just now he says that if a company releases results on August 31 it only comments on events up to the period end (June 30) - he refers to statements made by Atlantic Petroleum. Does Vox markets realise that the Clown is so ignorant of how the stockmarket works? All is discussed in today's podcast. Let's hope AIM Regulation lance this horrible boil (Andalas not Justin) tomorrow.
2064 days ago
Almost out of cash, Andalas Energy (ADL) is gearing up for a bucket shop placing c/o joint bucket shop brokers Novum Securities & Optiva in the usual way: a ramptastic podcast with PR genius Steffi, 2 ramptastic RNS announcements and a ramptastic paid for podcast with Vox. The trouble is that its claims have now been directly contradicted by its partner in the North Sea Badger field, Atlantic Petroleum (see HERE). If it turns out that Andalas was making unverifiable fantasy claims, as it appears, and raises money at an artificial price on the back of that, this would be a clear case of Securities fraud. In order to stop that the shares must be suspended at once pending a statement. I have written to the fake Sheriff of AIM, Marcus Stuttard at AIM Regulation as you can see below.
2074 days ago
Enough is enough. Yesterday John Meyer, a senior manager and large shareholder in SP Angel went onto Justin the Clown’s podcast to ramp corporate stocks such as Blue Jay Mining (JAY) without declaring an interest – his employer earns vast fees from Blue Jay as its Nomad and broker. But this is the least of SP Angel’s crimes and I wonder if its conduct over Blue Jay and MySquar (MYSQ) is, if not blatant market abuse, simply bringing the AIM Casino into disrepute. I have written to Marcus Stuttard, the head of AIM Regulation, demanding an immediate investigation into whether SP Angel should retain its Nomad license.
2082 days ago
As well as the public censure and fine announced yesterday for MBL Group (MUBL) two AIM Cesspit companies were fined and given private censures by the clowns at AIM regulation. But who are the naughty boys who misled investors and market and what does waste of space AIM Regulation boss Nilam Statham hope to achieve by this?
2093 days ago
I start this podcast by reflecting on my biggest investment mistakes of which selling some Optibiotix (OPTI) three years ago must be in the top ten. Stagging Argo Blockchain (ARB) hjas so far been a small mistake but I reflect on that too. Then I reflect on the bombshell by Nigel Somerville on BMR Group (BMR) which shows AIM Regulation not fit for purpose and opens up a mega scandal for WH Ireland (WHI). What happens next i ask, referring to good news on the claims against Cantor Fitzgerald re African Potash (AFPO)
2220 days ago
Bad language alert. The results are dire and demonstrate again the extent of the fraud that the useless wankers at AIM Regulation, Nomad SP Angel and the FCA are prepared to overlook. They show the extent of the lies told by CEO Eric Schaer. And they show a company that is running out of other people's money fast, facing a death spiral blizzard of share sales and where everyone involved deserves to burn in hell. With hard analysis of the numbers I explain all.
2225 days ago
Having blotted his AIM CV in a big way with his involvement in the £65 million AIM fraud 3DM - even after its first bollocking from the FSA, the FCA as was, the toff Tory MP Sir Henry Bellingham has now been reported to AIM Regulation over seedy plans for a discounted placing at Pathfinder Minerals (PFP) which he is set to waive through to save his well paid job.
2245 days ago
Thanks to our Winnileaks service we can bring you a letter sent to AIM Regulation this week regarding Andalas Energy (ADL) the AIM listed POS which is almost certainly insolvent. The letter is detailed and is below:
2328 days ago
At no-one is warching O'clock yesterday, 5.17 PM, Uk Oil & Gas (UKOG) announced that the fourth £500,000 tranche of death spiral loan notes had been converted into shares. Once again it was sticking two fingers up to AIM Regulation with regards to timely disclosure.
2331 days ago
Tomorrow we will run stories on 2 AIM listed companies showing evidence of wholesale lying and worse. I will show why even a small lie matters and why the real scandal is that in case 2 this is a leopard who is re-offending and the weedy spineless poltroons at AIM Regulation knew of his character before allowing him scope to re-offend. I also question why Gavin Burnell of Globo infamy is allowed to remain as a fox inside the regulatory chicken-coop while investigations into that fraud continue.
2335 days ago
As you know, the folks round at the Financial Reporting Council are the one watchdog that is prepared to bare its teeth when it comes to wrongdoing on the AIM Casino and are also good pals of mine, truly appreciative of my work. And thus I have written to them about the holocuast denying fraudsters at MySquar (MYSQ) requesting that it launch a formal investigation into how it cooks its books.
To the FRC Re AIM listed MySquar
cc Marcus Stuttard at AIM Regulation
Dear FRC.
2345 days ago
Some folks have no shame. I talk not of serial promoter of dogs and frauds Gavin Burnell but of AIM Regulation who are allowing another Burnell backed "winner" to list. The high point of Gavin's career was of course Globo which he brought to AIM via an RTO, where he was a very well paid NED, made a killing selling shares and which was then exposed as a fraud HERE and went bust within 72 hours. Of course Gavin did nothing wrong. The CV gets better
2380 days ago
The past week has shown clearly why MySquar (MYSQ) shares should not be traded on any market, even the AIM Casino. I demonstrated HERE that it had lied to investors in an RNS this month. That lie stands uncorrected. I demonstrated HERE that without any doubt it had committed wholesale securities fraud on July 31. This was chapter and verse stuff and MySquar is now exposed. Yet nothing has happened. As such I have written to my pal the bogus Sheriff of AIM, Mr Marcus Stuttard the head of AIM Regulation
Re the Fraud MySquar and the failures of Nomad SP Angel to protect investors
2381 days ago
It is clear that Nomad SP Angel does not care if its client MySquar (MYSQ) issues lies via RNS and it has not bothered to ask the one question that would show very clearly the Securities fraud committed by its client on July 31. It is a sorry state of affairs and I shall be writing to AIM Regulation and to the chairman of the LSE later to ask that SP Angel's license be revoked as it is clearly not fit and proper to run a public lavatory let alone be a Nomad. But now for John Meyer and his fellow dullards at SP Angel here is how your client defrauded investors.
2386 days ago
I have written a letter to Nomad SP Angel, broker Beaufort Securities and the oxymorons at AIM Regulation re shamed MySquar (MYSQ). Has it committed a massive breach of AIM Rules or Securities fraud or both and will anyone do anything about it. The letter follows:
2387 days ago
At 5.45 PM yesterday Denzil Jenkins of the AIM Regulation team called Nomad ZAI. No-one answered so he left a message on its answerphone informing the Nomad that it was to lose its Nomad status at 6 PM that day and that its clients would be contracted at that time with the news. Jenkins followed this up with an email saying that ZAI could appeal but when you are going to lose all your clients what is the point? In fact the events of yesterday are just part of a story which shows AIM in a terrible light as a secretive and oppressive body covering its own failings with scapegoating and showing no regard for natural justice or any sense of fairness.
2396 days ago
2407 days ago
Well it did arrive in a brown envelope! The eagle eyed among you will see that I appear not to have cashed the last cheque from this source, for 51p. I think I lost it. But I'm now entitled to 80p as a result of being a loyal shareholder in the London Stock Exchange (LSE). Of course my real "dividend" is being able to attend the AGM to berate the hapless head of AIM Regulation, Mr Marcus Stuttard. Truthfully, notwithstanding today's cheque I can say that I am not in this one for the money.
2412 days ago
The scandal at Nyota Minerals (NYO) which should have been booted off the AIM Casino today is deepending and is truly sordid. I have new shocking revelations for you all and incredibly serious questions for the board, for ex Nomad Roland "fatty" Cornish, especially for broker Peterhouse and also for the chocolate teapots at the FCA and the Oxymorons at AIM Regulation.
2444 days ago
I am deeply troubled by events at AIM uber dog Andalas Energy (ADL) on Monday afternoon. This is a company that has form when it comes to breaking AIM Casino Rules but on this occasion it is the advisers at Cantor Fitzgerald, whose actions have alreday cost some folks 50% of their money, who should be hung, drawn and quartered. Sadly we have gone soft on crime but at least they should be clobbered by the FCA for market abuse and AIM Regulation for breaching AIM rules. I have sent a letter.
To: The FCA, AIM Regulation & Marcus Stuttard
2449 days ago
This is becoming Globo v2 at a an alarming rate. Today's bombshell dossier on Telit Communications (TCM) nails it as a slam dunk ZERO beyond all doubt. The only way that the shares do not completely crater in the morning is if they are suspended first. And that is exactly what should happen. As such I sent a couple of emails last night. One to tthe head of the Oxymorons Marcus Stuttard and his clueless colleagues, the Keystone Cops at AIM Regulation and the other to the folks at Nomad FinnCap from CEO Sam Smith via head of Corporate Finance Stuart Andrews down to analyst Lorne Daniel with a minor jackal in Corporate Finaance also included in case Andrews is too busy with his polo ponies to read emails on a Sunday. Enjoy!
2452 days ago
As followers of Naibu (NBU) know there is nothing stopping the CEO of an AIM listed company being in prison while remaining in office. After all this is the world's most successful growth market and the head of the Oxymorons at AIM Regulation, Mr Marcus Stuttard, really is a top banana. As such fans of Telit Communications (TCM) will not worry a jot about this bombshell from infamous bear raider Lucian Miers, the Bard of the Boleyn.
2463 days ago
When disgraced AIM casino posterboy Mercantile Ports & Logistics (MPL) moves from being a member of the minus 98% club in which it currently sits to being a member of the minus 100% club, I want it known that Nomad Cenkos has been fully aware of massive issues all along and has done nothing other than bank obscene fees. As such we have run a series of letters from a big shareholder to Amber Wood, head of Corporate Governance at Lagos Securities, HERE and HERE and HERE and HERE and HERE and HERE Now for letter six which puts fragrant Amber and Lagos, Nomad to the Quindell (QPP) fraud as well, on notice for when the final wipeout occurs that they will be held accountable. This letter has also been cc'd to AIM Regulation - I know they are useless but surely even they must realise that Lagos Securities has "form."
2471 days ago
Our exclusive Winnileaks service has obtained a series of emails from May 3rd 2017 which show that Peterhouse Corporate Finance has misled investors in Nyota Minerals (NYO) - these emails compound the damning evidence of the secret document I published on Wednesday. This is so damning that maybe even the useless clowns at AIM Regulation will take an interest.
2478 days ago
To be thrown off one market because your adviser tired of signing off on lies is understandable, if you are a fucktard in AIM Regulation who does not care about fraud. But, to paraphrase my fellow Anglo Irishman Mr Wilde, to be thrown off two markets for that reason looks like carelessness. And that brings us to the fraud African Potash (AFPO).
2479 days ago
When disgraced AIM casino posterboy Mercantile Ports & Logistics (MPL) moves from being a member of the minus 98% club in which it currently sits to being a member of the minus 100% club, I want it known that Nomad Cenkos has been fully aware of massive issues all along and has done nothing other than bank obscene fees. As such we have run a series of letters from a big shareholder to Amber Wood, head of Corporate Governance at Lagos Securities, HERE and HERE and HERE and HERE and HERE. Now for letter six which puts fragrant Amber and Lagos, Nomad to the Quindell (QPP) fraud as well, on notice for when the final wipeout occurs that they will be held accountable. This letter has also been cc'd to AIM Regulation - I know they are useless but surely even they must realise that Lagos Securities has "form."
2484 days ago
When disgraced AIM casino posterboy Mercantile Ports & Logistics (MPL) moves from being a member of the minus 98% club in which it currently sits to being a member of the minus 100% club, I want it known that Nomad Cenkos has been fully aware of massive issues all along and has done nothing other than bank obscene fees. As such we have run a series of letters from a big shareholder to Amber Wood, head of Corporate Governance at Lagos Securities, HERE and HERE and HERE and HERE. Now for letter five which puts fragrant Amber and Lagos, Nomad to the Quindell (QPP) fraud as well, on notice for when the final wipeout occurs that they will be held accountable. This letter has also been cc'd to AIM Regulation - I know they are useless but surely even they must realise that Lagos Securities has "form."
2535 days ago
With shares in InterQuest (ITQ) yesterday having increased on the day from comfortably below 40p to well above, at 3:51pm (noting the “recent share price movement” - nothing suspicious to concern AIM regulation then!) a newly created company (Chisbridge Ltd) formed by Gary Ashworth, Chris Eldridge and David Bygrave (respectively InterQuest Chairman, CEO and CFO and 33.3%, 0% and 0.1% shareholders) ‘confirmed’ “that it is evaluating making an offer for InterQuest at 42 pence per share in cash with a full loan note alternative”. They're taking the piss, surely...
2654 days ago
Hat tip to reader P who has already dobbed Frontera Resources (FRR) into the Oxymorons at AIM Regulation for what appears to be a blatant reach of the rules but on the casino do the rules matter any more? Does anyone give a flying wotsit about sticking to the rules when Marcus Stuttard and his Keystone Cops are just so utterly useless? AIM Rules dictate that companies must inform investors via RNs of material changes in trading. So over to Frontera...
2664 days ago
Hapless Nomad Cairn has so far refused to resign as adviser to the AIM fraud Cloudtag (CTAG) despite incontrovertible evidence of house it has misled investors with RNS statements that are outright lies throughout 2016 and in doing so has committed blatant securities fraud. Today's shock video from CES where an Onitor spokesman admits that there is no release date yet is surely the straw that breaks the camel's back in that it directly exposes as a lie every statement made in November & December about 2016 sales that was used to get away a £4.1 million death spiral fund raise. I have written to Tony Rawlinson & Liam Murray at Cairn and cc'd in that useless poltroon Marcus Stuttard, head of the oxymorons at AIM Regulation demanding a statement and action.
2681 days ago
And so today we have another revelation, this time from Nigel, showing how the rotters at Cloudtag (CTAG) have once again lied to investors in an RNS. I say once again because we have now lost track of the number of times this has happened. And the lies have been told with deliberate purpose: to pump the share price to allow both insiders and those backing placing after placing to dump stock at inflated prices. This is fraud. Yet Nomad Cairn continues to sign off on these lies issued via RNS, to tolerate CEO Amit lying in podcasts and videos to ramp the shares. So I have written once again to Cairn and cc'd in AIM Regulation
2685 days ago
Update. I have it on good authority that it was NOT Cloudtag fined. Hpefully uit will be. The share tip I mention at 7.45 can be accessed for £5 HERE. The notice of the £75,000 fine by AIM Regulation on an un-named company, levied last Thursday is HERE. That company not Cloudtag (CTAG) - it should be. Whoever it is should fess up. This is a dark day for AIM as it has fined the wrong party (the shareholders not the board) and in not naming the company it also screws the shareholders again. Regulators have form with private censures that let everyone down. I compare this to the 3DM scandal.
2687 days ago
Bear raider Lucian Miers has again challenged the Oxymorons at AIM Regulation to take swift and firm action against Cloudtag (CTAG) for market abuse but has also raised the issue of forward selling by death spiral provider L1 Capital. This is effectively running a naked short and should thus be illegal. Miers writes:
2706 days ago
Advanced Oncotherapy's (AVO) much ramped JV with China based Sinophi is falling apart in the most embarrassing of ways. Advanced announced its first deal with Sinophi on March 25 2015, a statement made by Sinophi should have the FCA and AIM regulation crawling all over this one.
2706 days ago
Over the weekend I urged AIM Regulation and the FCA to open a formal enquiry into market abuse and securities fraud by the AIM uber-fraud Cloudtag (CTAG). This morning I have sent an urgent missive to AIM Regulation and its hapless boss Marcus Stuttard asking why Cloudtag is not being forced to postpone its General Meeting allowing it to issue more shares.
2707 days ago
You may remember that some Cloudtag (CTAG) owning moron contacted the FCA to demand that they shut me down. Oddly that seems to have come to nothing. But the regulators at Canary Wharf as well as Marcus Stuttard's team of Keystone Cops at AIM Regulation must be awqare of this fraudulent company by now. I have today written to both showing the clear evidence that Cloudtag has committed market abuse and fraud and demanding that a formal investigation be opened at once into the company AND its Nomad Cairn Financial. And here is why, as I publish the letter in full.
2709 days ago
Yesterday shares in Advanced Oncotherapy (AVO) plunged after it fessed up that a critical deal worth up to $120 million with a Chinese entity had encountered problems. Those who backed a big fundraise just weeks ago are already 26% down. But the incident begs massive questions about the timeline of disclosure and RNS statements that appear to be utterly untrue. I have written to the FCA & AIM Regulation, as this appears to be market abuse, outlining my very specific concerns and demanding an urgent enquiry and, if appropriate, that sanction be taken against those responsible. The letter is below:
2712 days ago
PriceWaterhouseCcoopers, PWC, is acting as administrator to the subsidiaries of Gable Holdings (GAH) and has published a damning report making clear the black hole that has existed there since the start of the year. The shares were suspended only on September 12. This is a scandalous failure on the part of Nomad Zeus and the Oxymorons at AIM Regulation.
2738 days ago
Earlier today I pointed out how Lord David Evans, the senior NED at Advanced Oncotherapy (AVO) sold his entire holding of shares during a closed period and just ahead of a major placing. He appears only to have told the company this week, although the share sales took place between 19 August 2016 and 16 September 2016. This is a massive breach of AIM Rule 21. I have written to Marcus Stuttard, the head of the Oxymorons at AIM Regulation.
2742 days ago
Following the example set by Paul Warwick the chairman of worthless penny stock Andalas (ADL) in starting a blog, Sir Ben Dover of AIM listed Global Mining Endeavours has decided to follow suit and like Paul promises to be candid in his approach. Blog number twenty....
2745 days ago
I trust that you have written to the wretched bogus Sheriff of AIM, the head of the Oxymorons at AIM Regulation, Mr Marcus Stuttard demanding that Roland Fatty Cornish be struck off as a Nomad after the New World bank heist scandal? If not write now! In light of that please submit suitable captions for the picture below in the comments section. The deadline is midnight on Thursday
2747 days ago
Today is a very dark day indeed for AIM as the scale of the white collar crime at New World Oil & Gas under its former management team has become clear. That former directors should be investigated by the SFO and others is clear. But AIM Regulation must act quickly to cut one cancer out of the system, it must stop Roland "Fatty" Cornish individually and his firm Beaumont Cornish from ever acting as a Nomad again. I urge you to email the boss of AIM Regulation Marcus Stuttard demanding this happen and suggest what to write below. You can email Marcus at
2750 days ago
Slung off AIM yesterday, Gable's (GAH) main subsidiary is now in administration and the PLC will surely follow, as I explained HERE. No doubt Marcus Stuttard and the oxymoronic clowns round at AIM Regulation will no doubt just dismiss this as "one of those things" that happen now and again on "the world's most successful growth market". The CEO has made £15 million in the AIM years but investors have lost everything. There must be an major and formal enquiry and here is why.
2763 days ago
On Monday we asked you to supply suitable captions for the picture below featuring Lyin' Chris Cleverley the CEO, and expenses guzzling socialist hypocrite NED Lord Peter Hain of FRAUD African Potash (AFPO). After four weeks, Potash has still not sued me for libel as its fascist lawyers Memery Crystal promised so I guess it accepts that it is a fraud then. Of course it is. Everyone knows that aprt from hapless Nomad Cantor Fitzgerald and the Oxymorons at AIM Regulation. Your suggested captions reflected that matter as you can see HERE. But the winner is:
2771 days ago
Are there any rules at all governing the withholding of damaging price sensitive information by AIM listed companies? Yes there are. The FCA under market abuse directives and and AIM Regulation both have the power to throw the book at CEOs and Nomads who offend. But will they? Gable (GAH), its CEO William Dewsall and, almost certainly, Nomad Zeus have broken the laws. I have written the letter below to the Oxymorons at AIM Regulation and its boss, the bogus Sheriff Marcus Stuttard, as well as to the chocolate teapots at the FCA demanding urgent action
2792 days ago
Yesterday I explained how AIM listed Cloudtag issued an RNS four days before a placing boasting of $5.2 million of guaranteed orders which was simply not true. To me this is blatant fraud and as such I have written to AIM Regulation (the Oxymorons) and the FCA (The Chocolate Teapots) asking both to investigate both Cloudtag and also its Nomad Cairn which appears, at best, to have been asleep at the wheel for almost nine months. I know that Cairn boss Tony Rawlinson goes skiing each year with a senior figure in AIM Regulation but this scandal cannot be brushed under the carpet.
2794 days ago
I still await a letter from lawyers to lyin' Chris Cleverley and the fraud that is AIM Casino listed African Potash (AFPO) but since the disclosure process will destroy both lyin' Chris and his company I cannot wait. Meanwhile AIM Regulation has sent a standard response acknowledging anot noting my demand that it investigates Potash and its Nomad Cantor Fitzgerald over the misleading and untruthful RNS statements of December 1 2015 and January 6 2016. I have replied to AIM Regulation putting it on notice...
2797 days ago
The message to my daughter on why I'm rooting for Donald Trump really is now live now and can be found HERE. Meanwhile, over the past week we have demonstrated clearly that there is an almighty stink about both Cloudtag (CTAG) - HERE - and also African Potash (AFPO) - HERE. I have presented the evidence to the FCA and AIM regulation, I explain why this is now an acid test for the credibility of the casino and who exactly is in the firing line.
2797 days ago
I have already requested that the FCA and AIM Regulation investigate the deliberate way that investors were misled by African Potash PLC (AFPO) ahead of the January 12 2016 bailout placing with an RNS on December 1 2015 as you can see here. Now evidence is emerging of an even bigger deception in an RNS on January 6 2016 just six days before a bailout placing. I have thus written to both the FCA and AIM Regulation asking both to widen their investigation into both Potash and also Nomad Cantor Fitzgerald and its lead QE, Mr Stewart Dickson. This is a clear case of Securities fraud.
2798 days ago
Nick Davis is the CEO of City law firm Memery Crystal but also sits on the board of the prestigious AIM Advisory Group. That has to end now as his role in the African Potash (AFPO) fraud comes to light. I warn African Potash that my man in London is set to supply more documents relating to yet another deal where it grossly misled investors ahead of a placing. There is worse to come and more for the SFO, FCA, FRC and AIM Regulation to get their teeth into. Now back to Davis.
2798 days ago
I have already alerted the FCA, AIM Regulation and the FRC to the growing scandal at African Potash (AFPO) with regard to the non disclosure of a £600,000 bung on December 1 2015 as part of a pre placing ramp. Now it is onto the Serious Fraud Office, SFO, to whom I have written today.
2802 days ago
Yesterday's expose here of AIM listed African Potash (AFPO) demonstrated quite explicitly and without doubt that the company was guilty of fraud - that is to say raising money, with the assistance of Nomad and broker Cantor Fitzgerald - having materially misled investors. I have today passed on the supporting documentation to three different regulators asking all three to open investigations into African Potash. My open letter explaining why follows.
2803 days ago
On December 1 2015 AIM listed African Potash (AFPO) announced what appeared an incredible marketing deal for its fertiliser with a company called Beryl - of course nothing has come of the deal and what African neglected to mention was a £600,000 bung. A source in London has sent me the signed contract. One month and 12 days ahead of a bailout placing investors were grossly mislead as to the nature of the Beryl deal. Potash shares need to be suspended at once and AIM Regulation and the FCA have to get involved.
2804 days ago
AIM Cesspit listed City of London (CIN) is surely a sinking ship. If Nomad Peel Hunt had a shred of integrity it would surely quit now on news that a third director has quit in six days leaving just one rat on board - chairman Paul Milner. The shares are off by 24% today to 3p but fair value ahead of suspension, administration or both is surely 0p. The Company is now in Breach of the Companies Act 2006, S154(2)which requires a public company to have at least two directors. Do hapless Nomad Peel Hunt or the oxymorons at AIM Regulation care about companies breaking the law? It appears not.
2815 days ago
AIM Rule 11 states that listed companies must notify investors via an RNS of material developments. But it seems that cash munching, drowning in debt, piece of Turkish Iofina (IOF) does not think the rules apply to it. No doubt it is aware that the Oxymorons at AIM Regulation won't enforce anything so it has opted NOT to tell you about a US legal setback on Monday.
2845 days ago
On Friday July 1 NunaMinerals was put into administration. I therefore suggested a day or two later, that the RTO whereby Nuna took over Main Market fraud Worthington (WRN) was off and that on Monday 4 July the UKLA would have to take action. Amazingly the chocolate teapots have done nothing. Truly these folk make the oxymorons at AIM Regulation look like a collection of Nobel prize winners. But it gets worse.
2856 days ago
It was 11 years ago that 3DM as was, Environmental Recycling (ENRT) as is and its sister company Eden Research (EDEN) were sending me lawyers letters. Both were frauds. Both are still frauds. Today Environmental lost its Nomad and as it is bust it is game over. Now I am going for Eden but in this podcast I tell the amazing story of both frauds, explain who was involved and is disgraced, accuse certain City folks of lying and worse as part of the cover up and demonstrate why this should have ended years ago but did not down to failings ( again) at AIM Regulation as well as disgraced Nomad WH Ireland. I warn you there is some bad language as I am pretty emotional right now. Enjoy, this is no holds barred stuff and it will shock you.
2868 days ago
The earlier piece on the Drummonds, Nilesh Jagatia and the Media Corp scandal needs to be read in full. What horrifies me is that it shows that AIM Regulation knew everything in July 2014 but failed to act. The Bogus Sheriff of AIM, Marcus Stuttard, should either resign on Monday morning or find out who failed to protect investors, sack him and agree to compensate anyone who has lost money in Teathers Financial (TEA) and possibly Inspirit (INSP) as well. I warn you that I use bad language in this bonus podcast as I am furious with the Oxymorons at AIM Regulation over this appalling failure.
2905 days ago
Yup I am still clean and 99.9% of the time very glad to be. But I know that if I have just one fag it will be all over. So I will not. I digress. Today's podcast covers my little internet difficulties here in Kambos then goes onto Aureus Mining (AUE), Circle Oil (COP), IGAS (IGAS), LGO Energy (LGO) and Gulf Keystone (GKP). Finally I urge regular listener Marcus Stuttard, head of the oxymorons at AIM Regulation, to read the utterly shocking Phil Edmonds and Andrew Groves tale HERE as it shows what a shite job the bogus Sheriff is doing.
2921 days ago
Not only did I get into the AGM of the London Stock Exchange (LSE) but in response to one of my two questions chairman Donald Brydon fessed up to being a reader of my work, saying how glad he was that I had got in this year. And as I chatted to my new best friend afterwards up wandered the bogus Sheriff, Marcus Stuttard, head of the oxymorons at AIM Regulation and guess what?...He's a reader too.
2924 days ago
Oh dear. Hulsey Smith filed a counter claim against Strat Aero (AERO) and four of its directors and we have obtained a copy. It is damning and until these allegations are refuted the stock is 100% uninvestable. Some of them are so severe that AIM Regulation needs to step in, suspend the shares and order a formal investigation. Did, for instance, the board give the CEO a "bonus" to allow him to make share purchases to "bolster the share price", This document begs for an immediate share suspension.
2924 days ago
Shareholders in African Potash (AFPO) should be on the warpath. Not with myself and Lucian who they have, to date, berated for pointing out what a piece of Turkish this company is. But with its management for issuing statements which are just not true - as explained HERE. Following my earlier article I have now asked AIM Regulation to launch a formal enquiry into both Potash and also its Nomad, Cantor Fitzgerald, which signed off on its RNS statements having somehow verified them as true. The letter reads:
2930 days ago
Im not feeling terribly well so this may be the only bearcast of the weekend. We shall see. However I look at the Phorm debacle on AIM which saw £201 million sent to money heaven. I name the guilty men and look at the lessons learned (or ignored if you are AIM Regulation). Then I show why George Osborne is lying about mortgage rates under Brexit as he wages war for Project Fear.
2983 days ago
We warned you two days ago that Independent Resources (IRG) was trying to spoof investors with a bogus announcement in order to get a discounted placing away...it has not taken long, the placing today is a shocker. the FCA and AIM Regulation must investigate.
As a reminder, Independent tried to persuade us that a supplier had accepted payment in shares at 0.6p. The shares were in fact trading at par at 0.1p. The shares raced ahead to 0.3p plus on this spoof (we explain why it is a spoof here). And today the company has raised a pitiful £93,000 at 0.12p which will keep the PLC lights on for just another few weeks.
3000 days ago
Following the horrific revelations about AIM Casino listed Eden Research (EDEN) on this website HERE and HERE yesterday I have now written to AIM Regulation demanding an immediate investigation and the suspension of trading in the shares of this worthless company. The letter reads.
3011 days ago
That Jiasen (JSI) is a total fraud is now beyond all reasonable doubt. I actually have more information on this company which the Nomad (Cairn) and AIM Regulation are sitting on but will they bother to do anything? So how has money been transferred from British investors to the fraudsters back in China?
3052 days ago
With a hat tip to Duck and Dive on the comments section on this website, I now revisit the shadowy group that brought AfriAg plc (AFRI) into existence an exercise that throws up yet more questions for Jabba the Hutt, useless Nomad Cairn and the chocolate teapots round at AIM Regulation.
3053 days ago
Does anyone at AIM actually care whether David Lenigas tells the truth in any RNS statements any more? It appears that Nomad Cairn and AIM regulation do not give a FF. I shall now demonstrate to you a slam dunk and material untruth in an Afriag (AFRI) RNS.
3053 days ago
Yesterday I cited three facts about Marsden Resources Ltd which I suggested that David Lenigas had to explain as a matter of urgency, if not to me then to AIM Regulation. So far there has not been a word from Jabba.
3055 days ago
This is very very simple. I shall state the known facts about Marsden Resources Ltd. And then Jabba The Hutt can explian this all away either by twitter or with an RNS for Afriag (AFRI) or direct to AIM Regulation. Big Dave it is your call.
3065 days ago
The Sunday Times today reports that the Serious Fraud Office has demanded boxes of documents and emails from Cenkos, the Nomad to Quindell (QPP) as part of its enquiry. Let me assist you Gents, for Cenkos actively worked to protect this fraud as the AIM regulation team knows full well. You see...I was inadvertently cc'd in on emails between Cenkos and the chocolate teapots.
3079 days ago
We know that the old board at Quindell (QPP) serially mislead and lied to investors as it committed wholesale fraud. Most of that board is now awaiting arrest by the Serious Fraud Office. But now to the NEW board, I have today written to the FCA and AIM Regulation asking whether it mislead investors on August 5 2015 in a material way with regard to its Himex subsidiary
3089 days ago
Having been warned off by the thuggish PR to David Lenigas (HERE) I have asked AIM Regulation to get the low down on Big Dave's trades or otherwise in LGO Energy (see HERE). And then what next? Aha Octagonal (OCT), an AIM listed company where the aforementioned Mr David Lenigas is involved - needless to say its shares have slumped. Then it is onto Nanoco (NANO) and Wandisco (WAND) as well as Lonmin (LMI). Finally I commend to you last night's BBC programme by Hugh Fearnley-Whittingstall on waste and the supermarkets. Can Malcolm Stacey reallysay the are ethical investments? I commend you all to watch it. Remember I grew up in a hippie self-sufficent family so maybe I am biased but I was horrified.
3112 days ago
You will remember that AIM POS Golden Saint Resources (GSR) is out of cash and is burning cash at up to £200,000 a month. It is insolvent. Its Nomad Roland “fatty” Cornish is too busy thinking of his next five course lunch to push the company on this and have the shares suspended pending clarification. When this goes tits up, his failure on this point will be raised with AIM Regulation. But at least there is the crowd funded debt death spiral to raise £250,000 which is now 11 days into its 90 day campaign, there to save Golden. How is it doing?
3143 days ago
The fraud Quindell (QMC) has now formally admitted – what I proved well over a year ago and the FCA & AIM Regulation opted to ignore – that Mark Ford’s company TMC Southern was used to create totally bogus profits for Quindell in 2011. In fact its £3.5 million fraudulent contribution – funded by a panama pump of shares – accounted for nearly all the stated £4.1 million profit. It seems that Rob Terry and Mark Ford are working hard to “bury” this bad news. It will not wash with the Serious Fraud Office.
3151 days ago
UPDATED: Oh dear, it looks as if another China AIM stock is set to lose its AIM casino listing. AIM regulation has just now suspended trading in shares in China Chaintek (CTEK). Market sources say that Big Ray Zimmerman of ZAI Corporate Finance had enough and quit as Nomad to the Norfolk China Chaintek (CTEK) with immediate effect. The company has made no statement.
3163 days ago
Yesterday, in a Bearcast special, I explained why the circular published by AIM Cesspit posterboy Hotel Corp (HCP) at no-one is watching O’Clock on Friday contained slam dunk lies designed to mislead investors into not voting out fat cat crony capitalist tax-haven dwelling chairman Derek Short. Today I have written to the company’s Nomad, Simon Clements of Sanlam demanding that the circular be withdrawn and that the directors be censured. In case Mr Clements dithers I am cc’ing AIM Regulation and the FCA to ask them to force his hand.
3175 days ago
Some CEOs have clearly abused twitter telling outright lies (Rob Terry) and being somewhat aggressive with the Truth (Mr 3D I meant 2D seismic). But having failed to deal with major scandals of fraud and lying the oxymoron that is the AIM Regulation is wading in with draconian edicts that will achieve nothing.
3180 days ago
Auditors Crowe Horwath Associates have performed the local audit for five China AIM casino companies and at three we have already seen wholesale fraud as purported cash balances either were made to disappear or never existed at all. The Financial Reporting Council, FCA and the oxymoron that is AIM Regulation need to act NOW and shares in Camkids (CAMK), Jiasen (JSI), and Asia Ceramics (ACHP) must be suspended at once.
The companies where we know that there has been fraud and which got clean bills of health from CWA were: Naibu (NBU) –delisted -, Sorbic International (SBI) – delisted - and
3180 days ago
Yesterday we demonstrated quite clearly (HERE) why Camkids (CAMK) has committed accounting fraud and why the statement of yesterday just does not add up. We have been saying that this company is a fraud for months and months and that is now clear to all. The local auditors of Camkids and the now delisted fraud Naibu acted for three other AIM stocks, one of which is JQW (JQW). The other was Sorbic International, a now delisted fraud. JQW is also a fraud and we call for an immediate suspension of its shares as well.
3181 days ago
Earlier today we demonstrated quite clearly (HERE) why Camkids (CAMK) has committed accounting fraud and why the statement of yesterday just does not add up. We have been saying that this company is a fraud for months and months and that is now clear to all. The local auditors of Camkids and the now delisted fraud Naibu acted for two other AIM stocks, one of which is Jiasen (JSI). It is also a fraud and we call for an immediate suspension of its shares as well.
We demonstrated clearly that there are numerous Red Flags for Jiasen HERE
This is a company that – like Naibu and Camkids – claimed to be drowning in cash yet mysteriously also borrows money at punitive rates. We have no faith whatsoever that accounts signed off by Crowe Horwath following the abject failures to report contingent liabilities or bank debt at Camkids and Naibu respectively. We are far from convinced that the stated cash position at either firm – as signed off by Crowe Horwarth – was in fact true.
In light of this
3181 days ago
Earlier today Nigel Somerville and Tom Winnifrith demonstrated quite clearly (HERE) why Camkids (CAMK) has committed accounting fraud and why the statement of yesterday just does not add up. We have been saying that this company is a fraud for months and months and that is now clear to all. Now it is time for Nomad Allenby to show principle and quit on the spot and if it is so desperate for fees that it will not for AIM Regulation to force a suspension. We explain why in this open letter:
3183 days ago
This week’s disclosures by Quindell (QPP) have shown conclusively that the gargantuan body of work which started back in April 2013 by ourselves and colleagues at ShareProphets was on the button. Along the way there were allegations of securities fraud, accounting fraud, VAT fraud, insider dealing, market abuse in what is simply a staggering litany of revelations. The evidence was passed to the FCA, AIM Regulation, the SFO and others in a series of submissions going back to April 2014. Yet the FCA and AIM Regulation utterly failed to act on the evidence handed over. The FCA took until June of this year to open an investigation – we rather suspect because of a me-too response, once it was known that the SFO was involved and that the Financial Reporting Council (FRC) had been looking at Quindell. AIM has yet to confirm any actions beyond a spot of belated flag-waving.
3185 days ago
On Wednesday 5th August 2015 Quindell (QPP) fessed up to all sorts of frauds and the SFO admitted that it was starting a criminal investigation. In light of that I bring you two videos which shows some of us were way ahead of the game, and we are not talking about the oxymoron that is AIM Regulation here. The first is from August 5th 2014
3204 days ago
I have this morning from the train contacted the Financial Reporting Council, AIM Regulation and the FCA regarding the 2012 and 2013 accounts of Daniel Stewart PLC regarding the issue I raised yesterday HERE. It has long been my contention that DS is not fit to be a listed company and in that spirit I have asked that its accounting which appears, at best, to be aggressive, be formally investigated. The letter follows.
To: The Financial Reporting Council, The FCA, AIM Regulation
cc: Roland Cornish of Beaumont Cornish, Nomad to Daniel Stewart.
Dear Sirs.
3282 days ago
Even the thickest mothers on this planet (that is to say the AIM regulation team) must be spotting a pattern by now as another AIM listed China fraud (Sorbic) bites the dust.
Sorbic PLC (SORB) had c£3.75 million of debt in the UK but claimed to have almost £7 million of cash in China. Its shares traded at a discount to net cash and PR Henry UpperClass-Twit of Abchurch, PR to nearly all China frauds, was able to argue that the stock was cheap.
Only one little problem compadres, Chinese boss Wang Yang Ting
3286 days ago
At the AGM of the London Stock Exchange (LSE) tomorrow, Lucian Miers, Nigel Somerville and others will be quizzing it over the lack of regulation on its in house casino. I refer to AIM. So here is something I might ask and it comes from the fraudster and insider dealer Mr Robert Terry, formerly of Quindell.
3289 days ago
There is a false market in Sefton and China fraud Gate Ventures and the FCA and AIM Regulation do nothing to protect investors. That is a crime. I discuss that at the start of this podcast and then go on to do the hard maths on Sefton based on the claims it has made and to demonstrate clearly why the shares are 80% overvalued. Ignore the hype and bluster and the twitter and Bulletin Board insanity just do the hard math my friends and you can arrive at no other conclusion.
3317 days ago
For the first time in ten months the keystone cops at AIM Regulation has fined and privately censured a NOMAD for assisting its AIM listed client in misleading investors. But we do not know which Nomad has been a naughty boy and the level of the fine is a total Rum & Coke.
3319 days ago
There is so much to say in today's podcast but to clarify that in yesterday's podcast when I said monogamy I meant celibacy. I start with a tidy up on Motive TV following on from HERE and then onto Rosslyn Data as a follow up to HERE - I shall be contacting the FCA and AIM Regulation about Rosslyn and its loathsome Nomad Cenkos later. And then onto a special from Big Ray Zimmerman at disgraced ZAI Corporate Finance - a true POS that is Zibao Metals Recycling. Guess where it does its business? And we have the China AIM Norfolk poll results for you.
If you like this knockabout style you will love my two ( or maybe three) presentations at UK InvestorShow on April 18 in Westminster. As of now fewer than 100 of the 2000 tickets are still available. Book yours now HERE
3325 days ago
ZAI Corporate Finance & Big Ray Zimmerman are squarely in the frame regarding the fraud Naibu (NBU) but in my view it is former advisor Daniel Stewart and its then lead Qualifying Executive (QE) Mr Paul Shackleton who are most culpable and I have today written to the FCA and AIM Regulation asking that both be investigated and punished most severely for their role in allowing the continuation of a fraud that has cost investors millions of pounds.
Shackleton (now at WH Ireland) and Daniel Stewart were meant to report to the AIM Regulation team and the FCA any concerns they had about Naibu up until ZAI took over as Nomad on December 12 2014. During the first eleven months of 2014 I showed that Naibu CEO Houyan Lin (now in prison) had an undeclared criminal past and numerous times accused this company of fraud.
3327 days ago
It is no secret that ZAI Corporate Finance run by big Ray Zimmerman is the worst Nomad in London. If no-one else will represent a client, Big Ray steps up to the plate but I can reveal that this has already landed him in the soup big time with the regulators and I now urge the FCA and AIM Regulation to shut him and his company down for good in an open letter.
AIM relies on Nomads doing due diligence on clients before taking them on and monitoring them after take on. If a client is a “wrong un” the Nomad must report this and stop trading in the shares. But sometimes the need to generate retained income means some Nomads turn a blind eye or worse.
What I can reveal today is that ZAI Corporate Finance has already been slammed by the regulators
3354 days ago
The statement today from Naibu (NBU) is comedy. This is such a slam dunk fraud I cannot see why we bother pretending otherwise. The tragedy is that with the shares still suspended investors face a 100% wipe-out. I turn to the statement and also to the roll of shame and how this MUST BE CAREER ENDING for some folks if AIM Regulation is to retain any credibility. Are you reading Marcus Stuttard, the phoney “Sheriff of AIM”? The Real Sheriff has a message for you too. Let’s start with the statement which comes after a suspension on January 9 as the NEDS sough clarification of Naibu’s financial position.
Today’s comedy reads:
3373 days ago
Earlier this week I asked if the Board of AIM listed Rangers FC could justify why it had rejected two refinancings in favour of a third proposal put forward by a major shareholder in the club Mr. Michael Ashley. The Board of Rangers FC (RFC) is dominated by business associates of Mr. Ashley. Can Rangers show paperwork to justify its decisions and therefore show that it did not breach Section 994 of the 2006 Companies Act? Rangers has not responded. And so today I have written to AIM Regulation Team asking it to investigate
I have already written to the Scottish FA asking it to investigate – see HERE.
Dear Sirs.
3377 days ago
I am in full flow today! I start with Kevin Ashton and why you should all buy a ticket for UK INvestor Show on April 18 NOW (HERE) and give thus guy a standing ovation. He is a total 100% hero. I then move onto Gowin New, and then to Mosman en passant (more detail HERE) and then to Bagir ( what i a "good" company, hint - not bagir, and why), Sopheon, TXO and Golden Saint Resources. There is a bit of a discussion about the lack of AIM Regulation and ZAI Corporate Finance.
To get your free copy of my new book 49 Red Flags sent to you today fill in the form HERE
3377 days ago
Rangers (RFC) has announced agreements with SportsDirect for the provision of a £5 million credit facility, with a further £5 million available “subject to due diligence by SportsDirect prior to drawn down”. However, with the company having admitted to “a number of options”, the deal now announced has been criticised as not being in the company’s best interests… We really question whether it breaches section 994 of the 2006 Companies Act. We shall be contacting AIM Regulation asking for a formal investigation. Since they are chocolate teapots, we will also be contacting the Scottish FA asking it to launch a formal probe as it appears a watchdog with some teeth.
3425 days ago
No apologies but this Bearcast contains strong langauge. Fraudster Rob Terry has dumped nearly all his Quindell (QPP) shares. It is time for the morons to apologise to me as I am now 110% vindicated. I discuss lessons learned (other than do not mess with the Sheriff) and also what folks should do next. Start by apologising to me and my staff then have a measured go at Terry, AIM Regulation, Cenkos, Daniel Stewart, Canaccord and KPMG.
3429 days ago
The stand in bosses of Quindell, The captains that will see the ship go under are Mr David Currie and the insider dealing Rob Fielding. Together with the insider dealing Finance Director Laurence Moorse they know that cash is well below market forecasts and that profits forecasts will not be met because there are gargantuan write-offs off goodwill and bogus revenues looming – that I proved today HERE.
In not communicating this to investors via RNS they are breaching AIM Rules and arguably committing market abuse. As such I have written today to AIM Regulation and the FCA, cc’ing in the money grabbing bastard chumps at Nomad Cenkos, requesting that Quindell make an immediate statement fessing up to its true financial position but also that Mr Currie, Mr Moorse and Mr Fielding be investigated for breaching AIM Rules and potentially also market abuse. I write:
Dear Sirs.
3429 days ago
Market abuse covers many sins but one is to give a misleading impression of the value of securities as a result of false statements. Quindell had told investors that it would achieve cash breakeven in Q3 2014. In fact it managed to beat this target thanks to a number of covert measures which hid the true picture. This is market abuse (FCA) but also a breach of AIM Rules. I have therefore written to both the FCA and AIM Regulation and cc’d in the hapless chumps at Nomad Cenkos demanding an urgent investigation. I write:
Dear Sirs.
3438 days ago
Of course this is the UK and the SFO are bloody useless just like the FCA and AIM Regulation. If this was the US there would have been a dawn raid on Quindell with arrests at homes across Hampshire give the wholesale fraud at this POS AIM casino company. However…
3447 days ago
According to The Times today, the Sheriff of AIM has for the past five years been a fellow called Marcus Stuttard - no offence, phoney Sheriff, but you are useless. You are Inspector Clouseau and your team are the Keystone Cops. You could not spot a felon if I took you on a guided tour of Rob Terry's next home, that is to say Wormwood Scrubs. Your inaction against miscreant Nomads and companies that tell lies and commit fraud is legendary across the globe. That is why the AIM casino is viewed as such a joke. In this podcast I look at how and why Mr Stuttard and his team have failed us all so badly and why they are simply not fit for purpose.
3449 days ago
Joel Leonoff, the CEO of Optimal Payments (OPAY) misled investors by selling shares (i.e. transferring title and getting cash) to the hoods at Equities First Holdings LLC. That should be a hanging offence. But worse still he made the transfer when Optimal Payments was in a closed period and so when no directors should trade. Do AIM Rules mean nothing or will AIM regulation Publicly censure Joel or, even better since this is a double offence, force him to stand down at once. I have written a letter to AIM Regulation on this matter.
Re Optimal Payments – Your Obligation to force the resignation of Joel Leonoff CEO
3459 days ago
I enjoyed another good chat with my pals at AIM Regulation today regarding Quenron (QPP). I know they enjoyed the earlier explosive Bearcast on Quindell and so for them and for the FCA here is a little recap of what we discussed. Dear AIM Regulation, I remain your obedient servant, Tom Winnifrith, The Sheriff of AIM.
3463 days ago
This should be explicit enough for all concerned. AIM Regulation IS investigating and I expect the FCA andSerious Fraud Office to be on the case too. I explain clearly how Quenron (QPP) and its bosses Laurence Moorse and Rob Terry have committed securities ( as well as accounting) fraud. If they disagree sue me and I shall see the bitchez in Court. But I rather think that Terry et al are going to end up in a rather different Court anyway. For a change, might Bulletin Board Morons rather than attacking me just try to show any factual errors in this damning expose.
3466 days ago
I blame Amanda van Dyke and Real Man manager Maribelle for leading me badly astray last night and I am not at my sharpest. Struggling on, today's bearcast covers Concha, Castleton, Verdes Asset management, Quenron, AIM Regulaton and the FCA.
3466 days ago
At the weekend I asked the FCA to investigate me for market abuse regarding Quindell as I reported here. Well what has happened so far?
Firstly I have reported Quindell (QPP) to both AIM Regulation and the FCA today for telling whoppers about the profits of Mobile Doctors and leading them to believe that a £140 million share buyback was on the way. There is more chance of me getting to shag Cheryl Cole (or whatever she is called until her next divorce) tonight than there is of such a buyback.
Our readers were polled at the weekend as to how the FCA would respond to my request. They said:
3474 days ago
The IPO of China POS Pressfit (PFIT) and its share price collapse today is yet another disgrace on the AIM Casino brought to you by Nomad Daniel Stewart. In this podcast special Tom Winnifrith examines this IPO, the parties involved and the Conflicts of Interest. Thereis only one conclusion, AIM Regulation must shut down Daniel Stewart at once.
3475 days ago
An unusual bonus podcast from me today. In this bearcast I discuss the whole issue of lies and financial crime on the AIM Casino but also the abject failure of AIM Regulation and I will tomorrow be asking the FCA to formally investigate me for market abuse on Quindell. I hope that Rob Terry will also ask the FCA to investigate me.
The nuts and bolts are in today's shock Video HERE. Either I am making it up and am thus guilty of market abuse. Or it is true in which case Rob Terry and Quindell are guilty of wholesale lying and accounting fraud. The facts back me up. And so that is why I want the FCA to investigate me formally for market abuse. If it finds me not guilty as it will then it has no choice but to act against Quenron. As such I say bring it on. I want the formal investigation and I challenge Rob Terry to ask the FCA to conduct such an enquiry.
3504 days ago
This article appeared in the Chinese publication Caixin Online at Christmas 2012. Staff reporter Qu Yunyu has done a superb job. It should be required reading for the crony capitalists round at Daniel Stewart, Allenby Capital and Abchurch Communications as well as AIM Regulation and for anyone mad enough to hold shares in Naibu (NBU), Camkids (CAMK) or China Chaintek (CTEK). It is explicit about what has gone on. If you own shares in any of the Fujian companies on the AIM Casino you should sell them all at once. The article – with a few choice sections in bold from me - reads:
3505 days ago
I hope that Daniel Stewart and upper class twit PR buffoons Abchurch Communications have enjoyed spending the vast fees they have earned in assisting China fraud Naibu (NBU) to list on the AIM Cesspit. And I hope AIM Regulation are ready because at 7 AM the Sheriff of AIM will be breaking news which MUST result in a share suspension if the Casino is to retain any credibility. It is Gotcha time for these bad guys and then we can start moving onto Camkids (CAMK) and China Chaintek (CTEK). Oh.....
3539 days ago
Peter Shea is CEO of Daniel Stewart a firm that listed Quindell (QPP), acted as its Nomad and broker from May 17 2011 to January 31 2012 and which was paid handsomely in cash, shares and warrants for its efforts. As Nomad to Quindell it was responsible for ensuring that it did not do things such as hand cash to pals of Rob Terry or lie to shareholders but did it do its job?
3541 days ago
I have today written to the AIM Regulation team and to the FCA urging both bodies to investigate whether Quindell PLC (QPP) has defrauded its shareholders by paying large sums to buy either companies that have failed to generate any cash for Quindell (indeed they have burned it) or companies that were worthless shelf companies from mates of Quindell founder Rob Terry. Bulletin Board Morons might not like this but it is their company and their cash (as owners of the company) that has been spent and this needs to be formally investigated.
The Letter Reads:
3569 days ago
I am sure that AIM Regulation now knows full well who Phorm (PHRM) PLC are. But following my revelation’s earlier today HERE I have asked my good pals to investigate whether Phorm PLC but also Mirabaud Securities (broker) and Canaccord (Nomad) were guilty of market abuse in 2011 and 2012 or of extreme negligence or both or neither.
The letter follows.
Dear Sirs.
3577 days ago
Co-written with deputy Sheriff Nigel Somerville: Four times, or perhaps it is five, we have asked the AIM Regulation Team to investigate whether Roland “Fatty” Cornish and his firm Beaumont Cornish, is fit to continue acting as a Nominated Advisor (Nomad) in light of our revelations about events at Digital Learning Marketplace (DLM) in 2012. We now publish a full charge sheet. If Fatty wants to exercise a right to reply we will publish it. Pro tem we will pass this too onto AIM Regulation.
The Nomad system on AIM is supposed to be there to protect investors and ensure that company directors stick to the rules of the market and stay within the law. Nomads charge a fee for this, which investors pay for: it is their assets in the plc that pays the bill, after all. This set-up is the investor’s first line of defence.
The Nomad is supposed to check and verify all company statements put out by RNS before release, as well as niceties such as whether the company is in ‘close’ period when it comes to directors’ share dealing, compliance with AIM rules and so on.
And so, with reference to the scandal that was Digital Learning Marketplace plc during 2012, we bring you the role of DLM’s Nomad, Beaumont Cornish, in all of this.
1) RNSs of 29 Feb 2012 and 1 Mar 2012 – does nobody own a calculator?
3582 days ago
I have flagged to AIM Regulation the numerous failings of Roland “Fatty” Cornish and his Nomad firm Beaumont Cornish. Once again I have written to Regulation today asking it to investigate why Fatty allowed Digital Learning Marketplace to publish as an RNS a total lie in August 2012. My start witness is….Angus Forrest now at Tern PLC (TERN) but then at DLM. Forrest is an honourable man and so has, I suspect inadvertently, dobbed Fatty in to The Sheriff of AIM
My letter follows:
Dear Sirs.
The standing of the Casino that you regulate, namely AIM, is dependent on Nomads who are responsible for the veracity of RNS releases ensuring they are true. In that vein I bring you an allegation made by a fine upstanding citizen Mr Angus Forrest in which he explicitly states that Mr Roland “fatty” Cornish of Nomad Beaumont Cornish signed of an RNS knowing it to be untrue.
Naturally I believe every word that Mr Forrest says and so ask you to investigate this matter. For if this allegation is true AIM must surely withdraw the permissions of Beaumont Cornish to act as a Nomad lest its pristine reputation be in any way tainted.
On August 10 2012 DLM
3595 days ago
The rules of AIM are pretty simple and are based on the underlying principle that you cannot tell a blatant lie to investors. To do so is arguably market abuse and it is certainly a breach of AIM rules. If the AIM Cesspit is to have any credibility those who break the rules must be punished and punished publicly. I have therefore written this morning to both the FCA and to AIM Regulation asking both to launch an urgent investigation into both Quindell PLC (QPP) and its Nomad Cenkos after today’s PT healthcare RNS farce/lie.
The letter follows.
Dear Sirs.
As a great supporter of the work you do to retain the high standing of the AIM casino I feel duty bound to bring to your attention the activities of Quindell PLC and its Nomad Cenkos. To issue statements via RNS or in an annual report which are not true
3598 days ago
For the fourth time I have written to AIM regulation asking for a formal investigation into whether Roland “fatty” Cornish and his firm Beaumont Cornish carried out its supervisory duties adequately in the period June-September 2012 with regard to Digital Learning Marketplace (DLM), now Alpha Returns (ARGP), a firm then run by crony capitalists Angus Forrest & Bruce Leith who are now running Tern PLC (TERN) into the ground. This is prompted by the shock whistle-blower letter from July 17 2012 which I published in full yesterday, HERE.
That letter was sent to Fatty.
3603 days ago
A letter sent on 17th July 2012 by a whistle-blower to Roland “fatty” Cornish of Beaumont Cornish, Nomad to Digital Learning Marketplace (DLM) now Alpha Returns (ARGP) relating to its financial position and the conduct of Angus Forrest & Bruce Leith has fallen into the hands of The Sheriff of AIM. Oh dear, oh dear...shall I publish this explosive document and ruin some crony capitalists? Hmmmmm.
This letter was ignored. It makes it abundantly clear that Fatty was not performing adequate regulatory oversight (I feel another letter to AIM Regulation is on the way) and that Forrest & Leith are not fit to run Tern PLC (TERN) where they are, pro tem, in charge.
The letter is from an associate of Andy Hasoon who was suspended as CEO on 16th July, something that Fatty, Forrest & Leith failed to tell the market about as they should have as I revealed HERE. The letter reads.
3604 days ago
For the AIM casino to work, allowing investors to trust PLCs to tell the truth, every statement they issue in an RNS must be verified by the company’s Nominated Advisor (Nomad). Nomads like Roland “Fatty” Cornish of Beaumont Cornish are paid fat fees for doing this work. If they fail to verify an RNS so that a company lies to investors they should be censured by AIM regulation and, in an ideal wold, prevented from acting as Nomad in future. In that vein I have now issued a third request to the AIM Team to investigate Beaumont Cornish and Fatty in particular regarding lies told in 2012 by Digital Learning Marketplace.
To read my first request to investigate click HERE
To read my second request to investigate click HERE
The subject of this complaint
3618 days ago
We seem to be having a bit of a run in with Roland “Fatty” Cornish of Nominated Advisor Beaumont Cornish. First there was the little matter of New World Oil & Gas – see HERE. Now we come to events at what is now Alpha Returns (ARGP) and matters from 2012 revealed by Nigel Somerville earlier today HERE
All in all it looks as if Fatty is making a strong late run for the AIM Cesspit 2014 advisor of the year award judged by The Sheriff of AIM, details of which can be found HERE.
But there are other strong contenders and so pro tem I have formally asked the AIM Regulation Team to investigate the events of August and September 2012 and to establish what verification fatty undertook on statements going out in his name. My letter follows.
Dear Sirs,
3650 days ago
Iofina (IOF) makes me think of the actor Richard Wilson, aka Victor Meldrew. Firstly it permanently has one foot in the grave. And secondly I just don't believe it! Its RNS statements are the biggest joke on the AIM Cesspit, a point I shall be making to AIM regulation and the FCA again this afternoon. As a reminder
3656 days ago
Back down from the Greek Mountain, my mind is deeply troubled by yesterday's events at Iofina (IOF) and I have fired off a couple of emails to my new best friends at the FCA and also to AIM regulation asking if they can assist. Meanwhile I have chatted to Lucian Miers and as a result set a (generous) target price of 10p – the shares are now 24.75p.
I first remind you of a timeline of events. On 26th and 27th of March I posted two articles HERE & HERE which, inter alia, suggested that Iofina was almost out of cash but also noted that Iodine prices had tanked and that trading must also be dire. I predicted that a profits warning was inevitable.
Yesterday, 22nd April, Iofina duly served up that warning and also stated that on 30th March cash was $2.3 million. It did not disclose what trade payables were not did it say what net cash was as at 22 April. In these days of electronic banking surely it knows what cash it has on a daily basis?
3703 days ago
Twenty four hours ago I asked a number of questions of Phorm (PHRM) and its ex Nomad Liberum regarding the Chinese investment promised but not delivered in 2012. News of this “investment” caused the stock to rocket allowing a placing at 125p (the shares are now 11p) but it never happened.
Needless to say neither Phorm nor Liberum seem terribly keen to answer my questions. Perhaps they will be more forthcoming with others.
3752 days ago
The AIM regulation team are, from my experiences with a certain oil company whose name somehow eludes me and with 3DM before that, about as much useful in slamming the bad guys as an air conditioning unit would be for a ship packed full of global warming nutters trapped in the Antarctic. But nothing ventured nothing gained,
I fired off a letter about disgraced Silverdell (SID) boss Sean Nutley ten days ago and have just had a response. Given that point b) below is a slam dunk 100% certain abuse by Silverdell it is hard to see how AIM regulation cannot do nothing and hope to retain any credibility at all. And it cannot now deny that it is unaware of the issue.
In fact I am mildly encouraged by this letter. Having fired off numerous complaints about various AIM Cesspit stocks this response is a tad more helpful than the usual “here is a standard response designed to fob you off, you little oik” email, of which I have a good few in my collection.
Once again I urge anyone invested in AIM stocks to complain themselves to both AIM Regulation and to the FCA about Silverdell and Nutley. The more complaints they get the more pressure they will face to get off their backsides and (for once) do something. To find out exactly how to make your complaints click HERE
Now over to the AIM Regulation team which writes:
Dear Mr Winnifrith
3754 days ago
In an article earlier today I suggested that the UK’s regulators had (for once) acted with wisdom and foresight with regard to the demise of Libertas as a Nominated Advisor (Nomad) on the AIM Cesspit. I publically apologise for that suggestion. Now that I have got my paws on a shock letter sent yesterday by Libertas to its clients it is clear that the Regulators fucked it up as per normal.
My earlier piece can be found HERE
My comments on how AIM Regulation and the FCA has failed everyone concerned with AIM yet again are below but at this stage I pass over to Libertas head honcho Jonathan Hall who wrote to the firms Libertas acted for yesterday. As is often the way, confidential letters which many on the AIM Cessoit would rather that I did not see, just seem to drop into my lap so that I can have a bit of fun. Gotcha!
Over to you Johnny Boy…
3757 days ago
Have you contacted the FCA and AIM Regulation yet to demand that they feel the collar of prize shit Sean Nutley, CEO of Silverdell who mislead his investors, who are now set to lose everything. If not, read on and then GET complaining.
3908 days ago
This letter was sent earlier today. I have not had a response. BB Loons may speculate on the balance sheet position of Sefton but I am not speculating since I have discussed the matter with Sefton's advisers and having taken expert accounting advice the position is crystal clear – Sefton shares should be suspended at once. Andy they may well be. The letter reads:
To: Allenby Capital, AIM Regulation, Pinsent Masons
3909 days ago
I read some BB poster ( not a loon) saying that the regulators now have to get involved in the battle between myself & Dan Levi and AIM Cesspit posterboy Sefton Resources (SER). Well fear not Mr Poster – they already are involved. And it is not Dan or myself that are in the firing line.
I initiated the call today to the AIM regulation team. It is not the first time I have spoken to the Sefton case officer. Geddit- case officer. Sefton is under investigation.
Sefton has been in AIM’s spotlight since the AIM team were informed by Fox Davies that it wanted to quit as Nomad and why it wanted to quit as Nomad. As such the AIM team knows full well that I shall win my libel case. But the game has moved on. The focus is now on what Jim Ellerton told a Colorado Court in April 2009 under oath and why that means that he is not a fit and proper person to be director of an AIM listed company. Emails and phone calls between Denver and London are flying thick and fast today (or they will when Denver wakes up shortly).
Jim Ellerton is right now in Hawaii slumbering next to the foxy Carol. He will not wake up for a good few hours. Things is now moving fast and he will awake to a firestorm.
I am appalled that AIM Regulation has not acted more decisively and publicly against Sefton. That, I sense, could be about to change as the City establishment swings firmly and openly behind myself and Dan as as new facts emerge. A greater involvement by AIM Regulation…bring it on.
3909 days ago
One of the National newspapers is onto this AIM listed company and wants to run a piece. But the company is refusing to comment on this case which took place 5 years ago and which saw its Executive chairman claim under oath that shareholders funds were paid to a Dentist which meant that his personal liability to that dentist was cleared.
Have you guessed which company yet? Why can’t that company just deny the story? Answers on a postcard to the AIM regulation department please.
3914 days ago
A difficult moment arose today as I returned my daughter Olivia to her mother Big Nose after a week in Kent. For some reason Big Nose was worried that I might humiliate her by wandering into her offices at Pinsent Masons wearing an inappropriate T-shirt, holding the hand of Dan Levi or just being a general embarrassment. For Big Nose is a partner at Pinsents, lawyers to the scumbags at Sefton who are accusing me of libel.
And so I arranged to meet her at Liverpool Street Station for the handover. Olivia and I arrived on time and called in but Big Nose was in a meeting. Then she had an urgent call and so I was instructed by her secretary to take Olivia over to the lion’s den, the global HQ of Pinsent Masons. Ooooo er. I could hardly contain my excitement.
3952 days ago
Shares in AIM Cesspit listed Silverdell (SID) have been suspended this morning with the company stating: Silverdell has requested a suspension of its shares from trading pending clarification of the Group's financial position. Further announcements will be made as and when appropriate. You think the company is bust right? Well it may well not be but this story is a total scandal as I shall reveal now. If the AIM Regulation team gives a flying xxxx about maintaining an orderly market it will throw the book at Silverdell’s management team.
I have now established fully what has gone on and can exclusively reveal all.
3983 days ago
I can reveal exclusively that at last things are starting to happen on the regulatory front when it comes to AIM Cesspit listed Sefton Resources (SER) – the AIM regulation unit is now conducting multiple investigations into the company.
Sefton has admitted misleading investors as to its oil production levels and trend just 24 hours before a rescue placing on March 6th 2013 – something that is a clear and mammoth breach of AIM rules. It is suing me for libel for accusing it of misleading investors on a number of occasions in recent years. Until now it appears that the authorities have not done anything but that seems to be changing.
I can reveal that last week
3992 days ago
The AIM Regulation team is meant to discipline companies that mislead investors on the Cesspit. And as such I put in a call today about a certain stock (I am sure you can guess which one). And so after negotiating my way past the switchboard and explaining which stock I wanted to discuss I got through to a nice young man who is looking at that stock.
“Hello, my name is Tom Winnifrith and I am a journalist” I said. “I know exactly who you are!” came the response. As such there was no need to discuss the background. Upshot…another formal complaint is in.
Infamy, infamy they've all got it in for me. Except in this case, it is not me who is in the regulator's sights...
