619 days ago
The first lawyers letter this website received about a week after its 2013 launch was from Pirate Pete Landau the boss of Range Resources (RRL). We continued our battles with Purate Pete and his associates such as Greg Smith and I am delighted to say that, last week, Mr Landau pleaded guilty to nine criminal charges in Australia. These days that is not a pre-requisite for a free trip to Oz but a prelude to a jail stretch. Landau will be sentenced on 31 January and he is going down.
772 days ago
Over the past few weeks a chap called Greg Smith and his side kick Jeremy Read have been schmoozing folks in London and Paris to raise $7 million for a company called Latin America Resources. There is a glossy investor deck which I have talking about gushing oil production in the Atzam field in Guatemala and some folks may have been tempted. I suggest that investing in this company without knowing the REAL 20 year back story is financial suicide.
3421 days ago
Range Resources (RRL) was telling its stockholders by unofficial channels two years ago that its US assets cou;ld be sold for $150 million funding mammoth share buybacks. Today they were sold for $1.4 million. This Bearcast covers the role of Greg Smith in the range tragedy, questions the value of Range's Trinidad assets, points out how Pete Landau misledinvestors and calls on the FCA to investigate Landau for market abuse and to ban him as a director of AIM Casino listed companies. It covers the legal threats I received from him and the spineless approach of other publishers that caused me to set up ShareProphets.
If you feel that Landau misled you over the value of the US assets please write to [email protected] citing your evidence and demanding that they investigate him.
If you were one of the Bulletin Board Morons who reported me to the FCA for market abuse in Red Flagging Range all the way down from 5.5p to today's 0.54p (susp) you can write to [email protected] and apologise. The Sheriff of AIM is vindicated again.
