678 days ago
It is now seven and a half months since the supposed purchaser of Eurasia Mining’s (EUA) assets completed its due diligence. There is still no bid. Today, All Star Minerals (ASMO) – a penny stock of which I am no fan – shows how it is done. This is an easy lesson for the morons.
3232 days ago
To lose one job at a POS ISDX Company with immediate effect is understandable. To lose two in the space of 21 days looks like carelessness but crony capitalist Conman Windham must be careless as he has today parted company with immediate effect from Nodding Donkey. Dead Donkey to its friends.
So Conman's public markets career is almost over. His first venture was U308. It delisted and went bust last year. Then there was All Star where he "departed" on June 2 - see here. Today Dead Donkey (whose parlous financial condition I explained here) has said adios to its founder.
That just leaves Conman in charge of one company on ISDX, his second creation - Valiant Investments. So how its it doing? Er.....
3253 days ago
Having spent a morning dumping gallons of poison at the Greek Hovel on the accursed frigana plants, a pestilent species that serves no purpose in life and just annoys everyone I turn naturally to Conrad Windham, as I take a brief lunch break. The serial crony capitalist of the ISDX markets has walked the plank with immediate effect at All Star Minerals (ASMO).
Conman set up All Star nine years ago. Nine years later Conrad walks on a day when it says it is not going ahead with a project termed "The Big One" and that is Aussie partner may sue it for A$140,000. Oh dear.
3507 days ago
Yesterday Conrad Windham of All Star Minerals (ASMO) showed himself to be a true comedy genius as I explained HERE. Essentially he announced that All Star (dirs. C Windham and Tomas Nugent) was in default on a loan note from U308 Holdings but that All Star was in discussions about the matter with U308.
As I pointed out, the directors of U308 are in fact C Windham and T Nugent so the discussions with themselves could be interesting – read all about it HERE.
Anyway young Conrad was forced to put out a correction late in the day. The boy is the gift that keeps on giving. In his original statement he said that U308 was ISDX listed. But apparently it is not. It delisted in June. Imagine the scene round at All Star Minerals HQ as Conrad and Tomas sit down for an afternoon freshly squeezed organic guava juice with a twist of ginseng and a pinch of ginger bought from the Nepalese fruit bar round the corner. This time Tomas paid.
“”Compadre, thanks for the GJ but I think we have a bit of a problemo with the release we put out for All Star today”.
3507 days ago
I had hitherto suggested that serial liar Liam McGrattan and his gopher at US Oil & Gas wee Brian McDonnell were the true comedy geniuses of the listed world, but they have a new challenger, young Conrad Windham of All Star Minerals (ASMO). All Star has today issued a release:
All Star announces that it has received notification of a technical default on the Convertible Loan Note ("CLN") that was issued to the Company by ISDX listed, U3O8 Holdings Plc.
The CLN which was of £46,500 principal and carried a 10% per annum coupon was issued on 8 October 2013. Under the terms the Convertible Loan Note is immediately redeemable.
The board is in communication with U3O8 Holdings Plc about the situation and will update the market in due course.
Ends
The board of All Star is Conrad Windham and Tomas Nugent.
Now what the release does not say is that the board of U308 is …..Conrad Windham and Tomas Nugent.
Er…..so let’s imagine the scene. It is 10 O’Clock in the office of All Star Minerals and Conrad wanders in with two extra skinny double shot latte’s with cinnamon toppings and pipes up: “Tomas compadre this one is on me, any mail for us today?”
“Yup” says Tomas. “I’ve just opened it. It is the letter we sent ourselves yesterday”.
“Oh”…
