2340 days ago
The Daily Mail today reports that the price of Fortacin, the Premature Ejaculation treatment, on which Jim Mellon's flagship Regent Pacific vehicle has bet the ranch has been slashed by 80% "just in time for an anticipated sales boom at Christmas." Chaps you are pulling my plonker.
2421 days ago
Boom boom! I suspect that once again the Mrs will regard that that title as rather crude as she did with this offering the other day. I discuss that topic which is close to the heart my old friend Jim Mellon. Then I look at MySquar (MYSQ), a disaster waiting to happen and its link to disgraced Bell Pottinger. Then it is onto Avanti (AVN) before I issue another warning about 88 Energy (88E) not that the morons trying to ramp it will listen. Finally I look at strange share price action and hard maths for Zibao Metals (ZBO)
2463 days ago
Oh dear, oh dear, it seems as if my old friend Jim Mellon had a bad day at the office on Friday. Hat tip to a reader who has just alerted me to a quite diabolical (lack of) profits warning from Regent Pacific which has many British shareholders thanks to its all share rescue takeover of AIM dog Plethora (PLE).
2486 days ago
Back in November 2015, Plethora Solutions (PLE) the AIM listed developer of a treatment for premature ejaculation run by offshore based asset stripper Jim Mellon was almost on its uppers, its cash position was critical and its share price had collapsed. Refinancing would have been impossible so it was announced that Regent Pacific, Mellon's Hong Kong based vehicle which already owned 28% of Plethora having chucked good money after bad, was to launch an all share offer worth 12.5p per share. I warned that was too good to be true HERE. And so let's wind forward 20 months...
3096 days ago
Listeners have pity on me. Lunch with the UK's top share blogger beckons. That means the regime which leaves Paul looking so trim and svelt - ie lots of alcohol - plus long lectures on margins in online retailing. If that does not turn a sober fellow like me into a drunken share blogger nothing will. Away from that I explain why I am not really a snob and then make a snobbish comment or two, then discuss CIC Gold (CICG), ECR Minerals (ECR), Falanx (FLX) and Optibiotix (OPTI) and the curse of the Sith Lord Zak Mir and Plethora (PLE) and its premature ejaculation drug. I dont understand what it is all about but invite readers to share their personal experiences so that we can get a grip on what's going on here.
