PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH
For me Laurence Fox will always be Hathaway in Lewis and as he was an actor I assumed he was a virtue signalling lefty git like the rest of his profession. Last week’s Question Time therefore startled me as Fox emerged as a true hero of the thinking libertarian right taking on the woke battalions. He even dared to call out as racist some daft professor of Ethnicity from the joke institution that is Liverpool Edge Hill University as she essentially said that as a white man Fox was inherently racist so could not challeng her assertion that folks were only nasty to Princess Meghan as she is a woman of colour.
Monday 20 January 2020
Both Versarien (VRS) and ADVFN (AFN) have been forced to issue major ‘fess ups today directly as a result of my actions. I explain how both cases show just why AIM is not working at all, naming names why the Nomad system is failing you all and what happens next. And yes it is a day of fecking triumph for me and this website.
In May of last year uber ramp Versarien (VRS) proudly announced a major US move. Unfortunately what it said was grossly deceptive and after I wrote to AIM Regulation last week it has today been forced to ‘fess up to this. Neill Ricketts is increasingly like the naughty boy sat outside the headmaster’s study almost every lunchtime hoping it is just another beating not a letter to his parents saying he must leave the school in disgrace.
If a trading statement needs explaining then it is badly written. Yet again Optibiotix (OPTI) stands accused of that. I really think the company should fire its PR PDQ. Frankly I could, and would, do a better job. As a result of a badly written release, folks are accusing boss Steve O’Hara of lying. He has not. Amid the confusion the shares have slipped to 50-52p. I have taken the chance to buy some more.
In today’s bearcast I look at Versarien (VRS), Sosandar (SOS), Toople (TOOP), Audioboom (BOOM), ADVFN (AFN), Fevertree (FEVR), Zenith Energy (ZEN) and Eden Research (EDEN).
What is it with disgraced Ms Sarah Cope of Anglo African Oil & Gas (AAOG) when she is faced with two deals for her shareholders she always goes for the worse option. Today’s news of a refinancing of the Riverfort funding facility is a case in point. It appears to be a shocking breach of fiduciary duty.
For me Laurence Fox will always be Hathaway in Lewis and as he was an actor I assumed he was a virtue signalling lefty git like the rest of his profession. Last week’s Question Time therefore startled me as Fox emerged as a true hero of the thinking libertarian right taking on the woke battalions. He even dared to call out as racist some daft professor of Ethnicity from the joke institution that is Liverpool Edge Hill University as she essentially said that as a white man Fox was inherently racist so could not challeng her assertion that folks were only nasty to Princess Meghan as she is a woman of colour.
You supplied numerous good entries in last week’s contest as you can see HERE. I particularly liked the Cloudtag (CTAG) morons, the triumph of hope over experience, spotted by Warren Boofit
The annual report does not lie. It is just a shame that the Bulletin board savants do not read them carefully. Like all companies, Versarien (VRS) is required to carry out an annual impairment test to justify the carrying value of goodwill recorded on the balance sheet which is £4,431,000 and comprised the following:
Shareholders have a right to know exactly why the Fleet Street legend Brian Basham quite as a Non Executive director of ADVFN (AFN) on Friday but despite Basham ensuring that Nomad Roland “fatty” Cornish was kept in the loop, ADVFN has refused to come clean. Luckily, thanks to Winnileaks, I have BOTH resignation letter sent by Basham and what they say is utterly shocking.
I clarify my share purchase ion Otibiotix (OPT). I discuss the revelations yesterday about the breakdown of historic income at Versarien (VRS) explaining, to BBMs who claim it does not, exactly why it does matter! Then I discuss whether Terry Smith’s golden run is about to break badly for him. Do not get me wrong, I think Smith is an absolute top banana but I have a doubt or two.