3060 days ago
I believed in Insetco (INC) briefly but then warned folks to sell quite explicitly as new information came up. I labelled it a bargepole stock HERE - you cannot say that you were not warned. I can only hope that the BB Morons who say they buy everything I say sell did just that. The moral here...
If a proven fraudster like Terry Ramsden is shown to be involved, especially behind the scenes, get out. Insetco was booted off the AIM Casino on May 18 as its Nomad (belatedly) quit. I had warned it about Ramsden well before it announced it was quitting.
And now the fat lady has sung as
3270 days ago
Oddly I had quite a lot to say in this podcast. I start on a personal note, feeling a confidence breached. I then move onto the buggers muddle at New World Oil & Gas (NEW) - really the shares must be suspended now until Wednesday. Then onto Insetco (INC) and lessons learned from a debacle we warned about and which the Deputy Sheriff of AIM covers again HERE. Finally onto the "Gary Newman rule" - his suggestion of locking in those taking part in AIM placings. I sympathise but I warn that it would kill off 400 companies on the casino. Beware of what you ask for.
3278 days ago
My first visit to the Greek Hovel prompts a wildlife diversity report which will appear on www.TomWinnifrith.com later. Meanwhile I explain why the Tories ARE the party of social justice and look at New World Oil & Gas, Insetco, Daniel Stewart, China Chaintek, Independent Resources, Falanx and Just Eat. Postscript...
After hours on a day when we are all kanckered and so NO-ONE IS WATCHING Daniel Stewart has announced a) a profits warning b) that it now needs to raise an additional £1 million and c) that Beaumont Cornish has agreed to be its Nomad so shares can resume trading ( and will slump) but only:
3296 days ago
He sent me a string of lawyers letters but today Peter Landau lost his last AIM directorship as Black Mountain was booted off the casino. Hooray. Coke & Hookers for myself and Oakley tonight. I look at three other companies that may well go the same way, Insetco, Daniel Stewart and Gate Ventures and how the issue of Nomad resignation works. I also look at Advanced Oncotherapy, Torotrak and discuss when Uk Investor Show videos will start to appear - we will start very soon with a Horse Hill treat. PS You still have until 4.30 PM TODAY to enter the UK Investor Greek Hovel prize draw HERE
3299 days ago
On April 2nd AIM Listed Insetco (INC) announced that its Nomad and broker Cairn was to quit on May 2nd and that it was seeking a replacement. I warned you back then that you should sell as this company reeks of Terry Ramsden and is a dog. Well today came news that Cairn has now resigned with immediate effect and the shares are now suspended on the casino.
3315 days ago
In today's tetchy podcast I touch again on Insetco, on Quindell and then move onto Coms, Stanley Gibbons, Motive TV and Daniel Stewart
3315 days ago
The Nomad to Insetco (INC) quit today. I now have more to reveal on this in this podcast special and I bring to your attention the conman crook Terry Ramsden (do a Google search). This is a bargepole stock.
3368 days ago
The final company presenting at the ShareProphets seminar on 2nd February was Insetco (INC). The boss of this AIM listed turnaround is Ivan Couchman. With RMPC owning shares I had a few questions at the end.