Friday October 20, 2017
My students built Lego sculptures said the queer feminist Sussex University lecturer
Would you Adam and Eve it? Breakthrough at the Greek Hovel it is all systems go
OECD tells the peasants of Britain to vote again on Brexit to save economy but do you remember its lies from 2016?

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

MySquar - video of CEO Erik Schaer lying

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The LSE Asylum recent hosted an evening for its moronic readers at which MySquar (MYSQ) presented. Afterwards its CEO was interviewed. Natch PROVEN RNS LIAR Erik Schaer told at least one whopping lie ( sales in the Quarter ending September 30th were NOT 400% up on the prior year). Natch the interviewer did not ask Erik about the securities fraud or the fact that MySquar was running out of money. Instead he was allowed to LIE that the last funding was to be used "for acquisitions and investments". Nothing to do with keeping the lights on as it burns cash then. Puke. Keep selling - target price 0p. How on earth can Nomad SP Angel stand for this nonsense and ask us to take it remotely seriously?

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Reader Poll - what price the looming UK Oil & Gas bailout placing?

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UK Oil & Gas (UKOG) is almost out of cash and the see-through from the latest Horse Hill transaction shows that at 4.775p, a market cap of £169 million is absurd as I explained HERE. So at what price will the rescue £5-10 million bailout be priced a?. We know that it was offered some cash at 2p a few weeks back but that was before all the bad news. With a placing surely imminent the deadline to vote in this reader poll is midnight tonight (19 October)

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Tom Winnifrith Bearcast: The Horse Hill Maths that just don't stack up for UKOG and that $15 million placing by Cornhill "outed"

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On the agenda today as I prepare for my weekly coffee morning with my baby son Joshua and the fit young mums is: Andalas (ADL) a joke broker note, MySquar (MYSQ) another RNS which is all smoke and mirrors and a desperate attempt to prop up the shares but SP Angel refuses to force the company to come clean on the lies in the last RNS and the fraud. Pathetic. I look at Interserve (IRV) and its latest dire news. We did warn you. I "out" the company that was truing to raise $15 million via Cornhill yesterday. I look at former ZAI clients whose days on AIM are numbered and finally I read across from yesterday's Horse Hill trade involving Regency (RGM) and Alba (ALBA) to show just how monstrously overvalued is, out of cash and desperate to place,  UK Oil & Gas (UKOG) 

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Another shocker from Crowdcube, another nail in the coffin for Purplebricks

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Yesterday I flagged up the crazy valuation of Doorsteps.co.uk and how, egged on by some misleading marketing, it had managed to raise large sums on crowd funding website Crowdcube. Thus it now has cash - which it will burn fast on its flawed business model - but which will put even more pressure on prices and volumes at Purplebricks. Sadly it is not an isolated case. Meet I Am The Agent Limited.

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To be censured by the ASA once is understandable but FOUR times looks like carelessness - Purplebricks!

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I apologise to another Anglo-Irishman for the misquote. The advertising watchdog the ASA has for the fourth time in 18 months slammed Purplebricks (PURP) for lying to potential customers. Let's bve clear: companies with a good product can afford to tell the truth. Natch Purplebricks says it has changed its adverts and there is nothing to worry about. But that is on just two days data....

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Tom Winnifrith Bearcast: Another slam dunk lie in the MySquar trading statement - time for correction number 2

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Oh dear, oh dear. This is pretty simple maths although clearly beyond the wit of clueless Nomad SP Angel but in this podcast I demonstrate clearly another slam dunk lie in the MySquar (MYSQ) trading statement of last week and corrected version of this week. Time for another correction? But it gets worse. I remind you of what SP Angel needs to establish to show that MySquar only breached AIM Rules rather than committing wholesale fraud (ref July sales) but now suggest that its claims re September comparatives might bear scrutiny as well. And there are some very fishy rumours coming out of Singapore that SP Angel might consider as it decides whether to quit or not.  I move on to cover Paternoster Resources (PRS) after its latest bad news and explain why its NAV is illusory and then ask readers for help in outing which oil & gas stock Cornhill is raising $15 million for today at a discount of 12% to some share price or another.

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