1420 days ago
Here is another commendation for me for my pig ignorant critics on the Bulletin Boards and supporters of fraud to ignore. One day, maybe even Roger Lawson and certain thirsty share bloggers from Brighton might actually be forced to admit that the folks who matter not only respect my work but act on it too. This tme it concerns what was the largest oil company on AIM before it moved to the main market, Diversified Gas & Oil (DGOC). I complained about its accounts, the FRC thought I was correct and forced Diversified to make changes. The letter below makes that clear. Ouzo for the Sheriff of AIM tonight methinks.
1708 days ago
UPDATED: This begs all sorts of questions about First Derivatives (FDP), an AIM casino listed “superstar” about which we have repeatedly warned (and been vindicated by regulators acting on our complaints). The company faced a lawsuit that could bankrupt it but, clearly, thinks it is above the law and has failed to notify investors, a clear breach of AIM Rules.
2175 days ago
Julie Meyer's laughable insistence that Maltese Regulators at the MSFA have only suspended her license because she stated this month that the Island was no place to do business and that she would quit, have infuriated the regulatory wallahs in the Mediterranean isle. Quite simply Meyer is lying and the Winnileaks service has got its mitts on an official email from the MSFA to Meyer from November 2017 that proves that but also that Meyer has defrauded an investor. I publish that email below.
2695 days ago
Amid frantic speculation by the most moronic of bulletin board morons which saw shares in Cloudtag (CTAG) up to 15.5p the company has, for the second time this week, been forced to issue a statement. Regulators are watching this company, which has - of course - committed wholesale securities fraud, like a hawk.
3576 days ago
Shorters, or bear raiders, are vilified by the ignorant as destroyers of wealth and of jobs. Some folks want shorting banned. They are wrong. The only people who benefit from banning shorting are crooks, liars and frauds. Capitalism needs shorters for it to work efficiently. Here’s why.
Let me ask you to point out how many PLCs the FCA or before it the FSA ever called out for fraud and had suspended? Er…zippo. The Regulator is a box ticker, an agency of Government and thus, by definition, useless. It would argue that its job is not to seek out fraud but to act on it when shown evidence. That might just be a defence but you then ask who will seek out fraud and thus present the authorities with that evidence?
Occasionally you have a kind hearted soul such as myself who does just that. But the reality is that spending months and months researching a company really is not going to make you rich. The ShareProphets operation generates enough revenue to allow me to spend some time doing such work but I could not afford to do it full time.
And thus the only folks who are going to have enough of a financial incentive to do such work are those in the bear raiding community. It took Gotham City many months to prove up its dossier against Spanish fraud Gowex. Now I know that Daniel Yu gets an intellectual kick
