rebuttal

306 days ago

The billion dollar fraud Tingo – the weakest rebuttal in history & an explicit warning for US investors from Tingo itself

Yesterday, bear raiders Hindenburg weighed into the battle with Tingo (US:TIO), the billion dollar fraud masterminded by Chris Cleverly, the cousin of foreign secretary James. The dossier HERE showed that Tingo’s claimed operations either did not exist or had a skeletal presence which shows that its claimed revenues and profits are just bogus as, almost certainly, is its claimed cash. Tingo has responded with what Lucian Miers calls “one of the most feeblest rebuttals I have seen ( and I have seen a lot)”. Meanwhile Tingo itself has a warning for American investors.

3062 days ago

InternetQ - The Rebuttal does not wash part 2: target price cut to one sixteenth of a drachma

Yesterday saw part one of my demolition of InternetQ's (INTQ) weedy rebuttal of my article, from Athens with love, of last week. Before I move onto more juicy points, the accounting policies do deserve two more mentions.

3063 days ago

InternetQ - The Rebuttal does not wash: target price cut to one eighth of a drachma

Full marks to InternetQ (INTQ) for effort. The company has published a lengthy response to the points I raised. here when our initial target price (for the whole company) was one drachma.  My response will come in several parts, each begging yet more questions. Part 1.