35 days ago
And to think that Canadian Overseas Petroleum (COPL) founder Arthur Millholland said that I was a “snake oil salesman” and did not understand accounts. As the Fat Lady now books a ticket to gig with Arthur in the socialist hell hole of Canada, the shares have collapsed again, to just 0.4p. They were 25p when I first started exposing this crock 20 months ago prompting that misleading RNS response from Art. The shares should be suspended now as Canadian is now totally screwed. It is a zero.
47 days ago
I say this with the greatest respect to good friends at Nomad Allenby but in the scandal of the fraud Tintra (TNT), the AIM Company of the year 2022, they have behaved in the most shameful manner. I really do not know how they can sleep at night. At 11.02 AM today Allenby quit as Nomad and broker leaving the shares suspended. That came 2 hours after Tintra published a circular (for which Allenby will have earned a fat fee preparing).
81 days ago
Oh dear, oh dear, pity all those deep fried Mars bar munching viewers of BBC Scotland and the rapidly dwindling band of listeners to Radio 4’s Today programme suckered into buying shares in Scotgold (SGZ) by its fake news. Pity all those Bulletin Board Morons who knew better than the Sheriff as I flagged up red flag after red flag and published damning internal emails sent to Winnileaks. My full, and excellent coverage is HERE. Today Scotgold has essentially admitted that the game is up.
83 days ago
I start with NatWest (NWG) and another part of the bonkers legacy of disgraced trougher Alison Rose then I look at Eurasia Mining (EUA), NightCap (NGHT), More Acquisitions (TMOR), Cellular Goods (CBX), Microsaic (MSYS) – another kill for the Sheriff – and finally I have a long look at Invinity (IES) which is, I think, a compelling short.
94 days ago
I explain that I was up late struggling to put together a business plan. It’s been a long time since I did that. Then I look at Nightcap (NGHT), a barrels of ouzo moment for me and more shame for the serial PR bullies at FTI Consulting as FD Technologies (FDP) warns yet again and finally at CAB Payments (CABP), the worst IPO of 2023.
151 days ago
Cross dressing IT consultants from Northampton and other fools who knew better than the Sheriff are spitting out their cornflakes in anger this morning because Bidstack (BIDS) has today served up a shit show so bad that even I did not expect it. It’s a disgrace even by the standards of the AIM sewer. So much of a disgrace that 2 directors have resigned with immediate effect. Put it this way, ex COO Camila Franklin, I would not want to shag your CV after your 12 month stint at this con.
277 days ago
Shares in this dreadful company were 2.25p with the company capitalized at £70 million on January 11 2022 when I published a, crammed with red flags, dossier. Bulletin Board critics and advisers said I had it all wrong. Today the shares have collapsed by another 55% to just 0.115p after a bailout placing and warning that the Fat Lady may have a gig. More ouzo for a once again vindicated sheriff who has warned folks so many times.
294 days ago
I explicitly told you to duck this IPO in November 2021 when founder shareholders dumped 27.4 million shares at 145p and Procook (PROC) raised nothing for itself. Time and time again I have been vindicated and though CEO Daniel O’Neill periodically spoofs the mugs with token share purchases, a fraction of his IPO “winnings”, the shares have continued to slide. Today after piss poor finals and a profits warning they are just 25p. And that is generous.
298 days ago
Bidstack (BIDS) delayed and delayed its results in the hope that it might have secured a refinancing by the time dire numbers were published but in the end this POS company had no choice but to fess. The numbers are truly dismal, H1 2023 looks to be piss poor to, the auditors flag up a material uncertainty and unable to get a placing away its death spiral time.
300 days ago
In today’s Bearcast I discuss my pal Jon’s imaginary g/f the air hostess, Andrew Bell’s imaginary g/f and today’s walk. If it has slipped your mind you can still add to the £26,500 raised by the Rogue Bloggers for Woodlarks HERE. Then onto my massive Avacta (AVCT) scoop which demands a statement Monday and is another reason that my bearish stance has been vindicated. Again. More ouzo for the Sheriff.
369 days ago
Oh dear, oh dear. At least Asimilar (ASLR), of which I have often warned, is back from suspension having belatedly published its annual results. But the numbers are, though disastrous, still not credible, there is almost no cash and the company says it wants to quit the AIM sewer. It will be no loss to the sewer.
419 days ago
The shares are now just 4.25p, down another 32% today. The bare facts are that Advanced Oncotherapy (AVO) is running on fumes. If it does not raise fresh funding asap the Fat Lady will be called in for an emergency gig very soon indeed. The problem, as we have noted many times, is that par value is 25p.
447 days ago
I have warned you all repeatedly that Arthur Millholland is ALWAYS a kiss of death and that his latest venture, Canadian Overseas Petroleum (COPL) had piss poor assets and finances built on sand. As ever, savants such as our own PL cited bullish broker notes and other tosh saying that, as someone who started out as an oil analyst, I just did not understand what a great trade this was. Kerboom, a shock admission at 2.24 PM today means its ouzo for the Sheriff tonight and tears before bedtime for the bulls. The shares are now 8.5p, 45% down on the day, and even more down on the last placing at 20p, nine months ago. Kerboom!
451 days ago
A lot of ouzos for the Sheriff for this one! And I am told that there is now an FCA enquiry into Standard Listed Caracal Goal (GCAT) following extensive correspondence from myself. Damn Right, there should be. At 4.45 PM yesterday there was a fess up with the company tripping over itself as it tried to cover up its crimes. This company is insolvent and its directors should be in jail. It is hard to know where to start.
451 days ago
Can you spot the sleight of hand here?
554 days ago
I start with today’s two big triumphs especially the Worthington (WRN) one - I remind you of exactly what happened. Then I discuss the mendacity of the claims made about ex Chancellor Sunak that he is economically competent. I note that I have some bombshell Court documents involving an ex PM and the boss of a several hundred million quid capitalised company. I shall publish them later. Though the corporate boss is reported to be litigious, the Sheriff is not frit. Then to On The Beach (OTB) and Vast Resources (VAST).
556 days ago
With serial failure Richard “horseface” Horsman as chairman since its 2016 IPO, Toople (TOOP) has always been a disaster and I have always been a bear. The CEO changed regularly but the pattern of cash guzzling underperformance was always the same. Oh, and it also lied to investors as I showed most recently, HERE. That is never a good sign. Today the Fat Lady has arrived bringing a bottle of ouzo for the Sheriff as she gets read to sing with the loser Horseface.
1055 days ago
It is ouzo on cornflakes time again as I warned you so many times that this would end in tears. Huge liabilities, dodgy related party deals by TWO management teams, not a cat in hell’s chance of generating cash, yet as ever the Bulletin Board Morons knew better. In recent weeks, they had the “big mo”. But gravity cannot be defied forever and at 6.39pm on Friday night, Iconic Labs (ICON) released the following RNS statement:
1193 days ago
My joy this morning is somewhat tempered by the fact that the River Dee which flows past the Welsh hovel in which I live, is at its highest level this century and I have wasted much time putting sandbags by the doors at the river end of the house. Fingers are crossed as, right now, the waters have just reached door level. Notwithstanding that, it is ouzo on cornflakes time, as shares in con Supply@ME Capital have been suspended at my instigation, albeit two days too late.
1310 days ago
I have been warning about Wellesley Finance Plc since Sunday 17 February 2019. It was the third in a series of articles I wrote about mini bond lenders in early 2019, starting with London and Capital Finance Plc, then Blackmore Bond Plc, and finally Bassett & Gold Plc with the other three now all in administration with substantial losses of investors capital. Now its 4 from 4 – ouzo at the Sheriff of mini bonds towers! And, again, the FCA has fecked it up whden it comes to ignoring clear warnings and its basic job of protecting investors.
1515 days ago
Nope, this is nothing to do with Cheryl Cole. Instead the chart below is intended to show how obsessed I am with the Versarien (VRS) car crash. The chart was published before today’s shock warning and aims to show that I am obsessed or desperate and thus to be ignored. I fear those who have ignored me are rather poorer as a result. But fear not morons, when you have lost all your money and Versarien has been booted off AIM, a then 100% vindicated Sheriff will cease coverage… meanwhile I bet Neill Rocketts is glad he sold so many shares even if he was not 100% honest about the reason!
1790 days ago
Someone wants to gag the free press and has sent me a fascist and ludicrous lawyers letter. But who wants to suffer the curse of the Sheriff? make your guesses in the comments section below. It is not Neil Woodford but I discuss his woes, I look at Karelian Diamonds (KDR) and offer to back those wanting to sack the board, comment again on BlueJay (JAY) and its porky pie and look at results from Audioboom (BOOM). Finally, my cats are now showing their teeth as trained vermin killers.
1806 days ago
Today’s bearcast is a full report on the AGM of Neil Woodford’s Woodford Patient Capital Trust (WPCT) which I’d score as a win for me against the great fund manager and his chairman Susan Searle. I did manage to get Cheryl Cole into the debate and I did ask Neil woodford to donate to rogue bloggers for Woodlarks, as you can do here,, but I also took the board to task on a number of other matters and managed to get Neil pretty riled. Happy days.
2401 days ago
In December 2015 from my winter base in Greece I ran a series of articles, starting from Athens with Love, which, I believed, quite clearly showed that the Greek, AIM listed company InternetQ (INTQ) was a fraud. Specifically I demonstrated that its music streaming business Akazoo was a sham. The company denied this and in the end its boss Panagiotis Dimitropoulos and fund manager Tosca paid c£20 million to buy out minority shareholders and take InternetQ private. It is now called Akazoo Ltd. The Sheriff is still on the case.
2453 days ago
Okay so the Sheriff of AIM has got his man. Uzi/Oozi Katz/Cats has gone "temporarily" (my arse, again) from Telit Communications (TCM). So what happens next? I comment about what was NOT said in today's release, try to second guess Uzi (that is the real one not a bogus ballet dancer/statistician/award winning chef) as to his next move. Then I discuss the underlying business and explain why, to me, it has all the makings of a Globo, not a Quindell,. and why that means that its share price collapsersoonie could be sooner than you think, if banksters HSBC are anywhere close to being on the ball. Enjoy.
2453 days ago
Following our barrage of revelations yesterday about the Boston fraudsters - Uzi and Ruth Katz (aka Oozi & Ruth Cats), Telit Communications (TCM) has announced that its CEO Uzi/Oozi is to go on a "leave of absence." Uzi ain't coming back.
2790 days ago
I am aware that Britain's top share blogger Mr Paul Scott is flying back from an extended Greek holiday this morning. When he lands at Gatwick and checks his smartphone he will see that shares in his beloved TrakM8 (TRAK) have dived by 10% today, to just 200p to sell after a piss poor trading statement. I hope Paul has some duty free ouzo for the Sheriff as I think he owes me an apology on this one. Hmmmmm I can almost smell the aniseed now...Scotty you know where to send it.
2986 days ago
Yesterday afternoon I revealed HERE that the FCA would stiff disgraced pensioner mugging stockbroker WH Ireland (WHI) with a large fine. Sources claiming to be close to WH Ireland pooh poohed my story. They should have known. The Sheriff was not wrong. Today came the fine ( £1.2 million), a 72 day ban on taking on new corporate clients and news of a £1 million placing at 90p to keep the lights on...but WH Ireland is still not telling you everything. Here are two more scoops.
3303 days ago
One of the main stage talks at the UK Investor show on 18th April ( yes one week away) is an “ask Tom Winnifrith” session where the Sheriff will be interviewed on the main stage by Malcolm Stacey, Nigel Somerville and Amanda Van Dyke The topics will be wide ranging: Quindell (with new material), frauds past and
