1514 days ago
I contacted the FCA last week about what appears to be blatant market abuse, or possibly even securities fraud, at Dev Clever (DEV) and to its credit it has sent back a non standard reply indicating that it is taking the matter very seriously. As a reminder, Dev did a placing on December 20 2019 and its CEO sold £500,000 shares a month later only to admit in February that sales for the six months to 31 October 2019 were way below forecast. How can a software firm have not had any inkling of that before the placing and CEO share dump. It defies belief. The FCA writes:
1525 days ago
As Dev Clever (DEV) is not on AIM but on the Official List it is the FCA that bears sole responsibility for regulating its activities and which should now be investigating whether the company has committed blatant securities fraud. I have written to the chocolate teapots explaining why an urgent investigation is needed into the company and its directors.
1836 days ago
As the day of the great move to the Grim North beckons I wrestle with the moral dilemna: should I grab Mrs Chav’s pussy before we go? I then explain why I was NOT insensitive to lesbians in yesterday’s bearcast. Finally I look at how to commit securities fraud on AIM in a way that is almost certain to escape detection or conviction. I do not advocate you do what I say but i suspect some already are. Now about about you help us to get over 20% of our Rogue Bloggers for Woodlarks target tonight? I need donations of just £70 HERE
1958 days ago
The fraud that is Telit (TCM) continues to unravel. We already knew that ex FD and CEO Yosi fait was being investigated for selling all his shares in early July 2017 while he was aware of damaging price sensitive information ( a profits warning) – that would be insider dealing. We know that founder, former CEO and the man who is still running Telit via puppet directors, Uzi Katz, is being investigated for not admitting that he was a fraudster and fugitive from justice. Now it gets bigger.
2066 days ago
Today I explained HERE the mounting Badger scandal at cash-strapped Andalas (ADL) as it gears up for a bailout placing. In this podcast I explain why all involved should be concerned that they are not party to Securities fraud, notably Nomad Beaumont Cornish and broker Novum Securities - home to scallywag Gavin Burnell of Globo (GBO) infamy. This is a real test case for the integrity of the AIM Casino and I explain why.
2688 days ago
It is now 11 days since I published details of leaked emails which showed that AIM scumbag Advanced Oncotherapy had withheld awful trading news from investors as the company launched an open offer. That is clearly securities fraud. Almost as bad, the emails showed that the timelines the company had held out to both customers in China and investors in London for product delivery were just fantasy. And that is why customers walked. Heads should have rolled. Hapless Nomad Stockdale should have forced a statement. And having told its house broker (Beaufort) that a much needed refinancing would happen by the year end, we need an update on that too. Instead...
2696 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.
2708 days ago
Over the weekend I urged AIM Regulation and the FCA to open a formal enquiry into market abuse and securities fraud by the AIM uber-fraud Cloudtag (CTAG). This morning I have sent an urgent missive to AIM Regulation and its hapless boss Marcus Stuttard asking why Cloudtag is not being forced to postpone its General Meeting allowing it to issue more shares.
2714 days ago
I am off to London shortly where I am giving a talk this afternoon at the Offshore Alert fraud conference. The title is that of this bearcast and I offer up some of the highlights and themes for later. I shall be covering a number of companies including Quindell (QPP), InternetQ (INTQ), Cloudtag (CTAG), Strat Aero (AERO) and the list goes on and on... this is AIM after all.
2714 days ago
African Potash (AFPO) needs to find a new Nomad by December 7th or its shares will be suspended. Cantor Fitzgerald is tired of putting its name to outright lies published to facilitate Securities Fraud and has quit. Potash says its talking to a replacement but which Nomad would act for this proven fraud? You decide in the poll below. Voting deadline midnight tonight ( 22nd November).
2794 days ago
You can read the letter African Potash (AFPO) and its bully boy lawyers Memery Crystal sent me HERE. It is, quite frankly, a shocking admission of guilt on the charge that Potash committed Securities fraud. Yet these shysters are demanding damages and costs from me! My aim is to get Potash booted off AIM and to see all those involved taught an almighty lesson. I will fight the bastards, and their crony capitalist advisers, all the way!
2799 days ago
I have already requested that the FCA and AIM Regulation investigate the deliberate way that investors were misled by African Potash PLC (AFPO) ahead of the January 12 2016 bailout placing with an RNS on December 1 2015 as you can see here. Now evidence is emerging of an even bigger deception in an RNS on January 6 2016 just six days before a bailout placing. I have thus written to both the FCA and AIM Regulation asking both to widen their investigation into both Potash and also Nomad Cantor Fitzgerald and its lead QE, Mr Stewart Dickson. This is a clear case of Securities fraud.
2852 days ago
After the sad AIM demise of its sister company, the fraud Environmental Recyclying (ENRT), I have been thinking long and hard about Eden Research (EDEN). I am a nice guy and I am wondering how CEO Sean Smith and PR himbo Paul "Queenie" MacManus can cover up the massive Panama pump securities fraud of last August. I would urge them to act quickly but I do have a cunning plan to postpone their day of reckoning.
2999 days ago
We have clearly demonstrated that Eden Research (EDEN) managed to get a covert placing away with its panama pump securities fraud deal announced with Terpenetech Ltd on August 24 2015 and revealed HERE. But this is not the first time that Eden has hoodwinked its investors with Terpenetech..let's go back to 23 June 2011.
3461 days ago
Quenron sent its first lawyers letter demanding a grovelling apology signed by me but written by the fraudsters, a promise never to write about it again and a retraction of all my articles on 19 August. As you may have noticed, I have told Quindell where to stick that letter and I want it to serve Court papers on me as that will start the process of disclosure. As of today, after two and a half months no papers have been served despite me upping the ante with specific allegations backed by proven factual evidence of both accounting and securities fraud. Quindell really does not want disclosure to get underway does it. Shall I give you an example of why?
Having established that the 18 million shares it issued on 2 September 2013 were not issued to who Rob Terry said they had been issued to and that he lied about why the shares should have been issued at all as he engaged in securities fraud, would Mr 2+2 can =5 like to reveal a few details about the c 9 million shares issued by Quenron in October 2013?
3464 days ago
This should be explicit enough for all concerned. AIM Regulation IS investigating and I expect the FCA andSerious Fraud Office to be on the case too. I explain clearly how Quenron (QPP) and its bosses Laurence Moorse and Rob Terry have committed securities ( as well as accounting) fraud. If they disagree sue me and I shall see the bitchez in Court. But I rather think that Terry et al are going to end up in a rather different Court anyway. For a change, might Bulletin Board Morons rather than attacking me just try to show any factual errors in this damning expose.
