141 days ago
After today’s trading statement from Versarien (VRS) even Stevie Wonder can now see the writing on the wall and the only thing that can stop the Fat Lady taking a train to Cheltenham is more industrial action by the RMT and the incompetent poltroons at Avanti West Coast also picking up the Paddington GWR franchise.
156 days ago
The maths for David Beckham backed CBD come seaweed to net zero play Cellular Goods (CBX) are grim and at this rate it won’t be Posh Spice taking it up the xxxx but shareholders. The Fat Lady (clearly not Ms. Spice) should be readying herself for a Christmas gig.
351 days ago
Advanced Oncotherapy (AVO) has raised another £1.37 million via the issuance of secured convertible loan notes. Great. £6.345 million of such CULS have now been issued but such is the profligacy of this abomination of an investment that this money will last for only a few more weeks. By the end of May the Fat Lady could well be singing. So who would benefit from that?
756 days ago
By the end of April worthless, deceitful and pointless AIM sewer listed Vast Resources (VAST) has promised to refinance its Atlas death spiral with a bunch of Swiss gents. But with $5.5 million outstanding on the loan and the market cap, at 0.625p, down to £2.3 million and with cash guzzling Vast having no cash at all so facing a high bankruptcy risk maybe the Swiss are getting cold feet. Hence…
769 days ago
Just 4 days after death spiral provider Atlas converted $150,000 of debt into Vast Resources (VAST) shares at 0.86p having forward sold, it has announced the conversion of another $150,000 this time at 0.77p. In February the conversion was at 1.24p. Do you see a trend? My guess is that those shares have already been forward sold and that Atlas will now be working on dumping even more stock ahead of the next conversion. Why the panic? Two reasons:
965 days ago
Shares in Salt lake Potash (SO4) have been suspended on the ASX since 27 July although on AIM they have traded since 29 July allowing anyone with half a brain cell to get out. The cause of that suspension was an admission of technical issues which meant a delay in production which, in turn, meant that without new funding Salt Lake would crash land in tits up alley by Christmas. As the meeting with the Fat Lady draws ever closer we have news today. Or rather lack of news on that financing.
1045 days ago
I start with a reflection on two smears from Bulletin Board Morons and about how media platforms from BBs to twitter need to respond to deal with such malice. Then a few thoughts on why the Tories are pissing off Tory voters in Chesham and elsewhere. Then I look at Versarien (VRS), Westminster Group (WSG) and at Bidstack (BIDS), breaking AIM Rules as it teeters on the edge. Oh, is that a Fat Lady I see gargling over there?
1218 days ago
On its website under heading “High Street Group In Numbers” it states its Current Estimated Value of The Group is £1.5 billion and forecasted value of the company by 2023 is £3 billion. My forecast value by the end of 2021 is exactly zero. You will not be able to say that you were not warned. Or that the truly useless FCA has done anything,or is currently doing anything, to stop mug punters losing cash on this mini-bond disaster. Given the scrutiny it faces over London & Capital Finance that is doubly shocking.
1400 days ago
My guess is that the long awaited meeting of FastJet (FJET) PLC with a crash landing at Tits Up Airport cannot be postponed for that much longer. It is not as if this company could ever make any money pre Covid. But while I await that moment as one that I celebrate with champagne and noxious phone calls to its journalist smearing motherfucker PRs at Citigate Dewe Rogerson, I remind the company that it had promised us a trading update by Monday at the latest. Specifically, on 8 June it stated:
1405 days ago
Almost 100 times since the comical and failed Hammerson (HMSO) bid for Intu (INTU) in December 2017 which Steve Moore described as “shopping centre madness” we have urged you to sell or short Intu. Today, if we are not at midnight on the death clock, we are at 1 second to midnight. Update. at 1.43 PM we are at midnight. It is game over.
1460 days ago
This is my day of peak recordings – 7 hours of interviews and bearcast underway. I kid you not. apart from bearcast it is all great material for the Shareprophets shares show on May 9. I have just done the Jim Mellon recording which should knock your socks off. Poor man, he is trapped in lockdown in the Isle of Man but seems to be bearing up well. Anyhow, buy your ticket HERE. In this podcast I look at Eurasia Mining (EUA), Scancell (SCLP), 13 Energy (I3E), Arden Partners (ARDN), Petra Diamonds (PDL) and Intu (INTU).
1573 days ago
Following its rather smelly announcement after hours at no-one-is-watching o’clock on December 20 which offered up nice Christmas presents to shareholders in the form of a profit warning and a statement that its financial position was weak, AIM-listed Catenae Innovation (CTEA) followed up yesterday at 12.23pm (lunchtime on a Friday, no-one-is-watching o’clock) with a further announcement that it still not agreed the hoped-for £100,000 bailout and that absent new funding it will be a trip to the corporate undertakers. Nigel did warn you but there is a bigger question……
2395 days ago
On 17th October long suffering shareholders in Strat Aero (AERO) will be asked to approve a 1 for 10 subdivision of their shares in order to get a refinancing away. But the maths now look so bleak that one asks if the fat lady should pitch up to the GM as she could well be called on to sing very soon indeed. As a reminder...
2850 days ago
Look back at our coverage of satellite disaster story and serial issuer of fascistic lawyers letters Avanti Communications (AVN) you cannot say that we did not stand up to bambastic bully boy CEO David Williams and warn you. Today there has been a pre close trading statement, the shares have crashed by 60% to just 24p and the Fat Lady is starting to gargle. My father & I will crack open the ouzo early today.
