PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH
The room next to where I sit right now is not part of the original house. It was added on in the 18th century and together with the room above was once, I believe, the servants accomodation. For the past sixty years – or more – it has been termed the annexe and treated as a seperate property, boarded apart from the main house. That boarding was removed and so the annexe has been reunited with the main house. It is where my mother in law may one day reside. With that in mind I am cracking on with its restoration and what I have discovered in the past 24 hours is shocking.
Saturday 15 June 2019
Oh dear, oh Dear. You may remember how on March 21, Versarien (VRS) announced with great fanfate that it had appointed Patrick Abbott to spearhead its US expansion. Lucian Miers then pointed out that Mr Abbott faced a few legal problems. And so on April 4 Versarien stated:
The room next to where I sit right now is not part of the original house. It was added on in the 18th century and together with the room above was once, I believe, the servants accomodation. For the past sixty years – or more – it has been termed the annexe and treated as a seperate property, boarded apart from the main house. That boarding was removed and so the annexe has been reunited with the main house. It is where my mother in law may one day reside. With that in mind I am cracking on with its restoration and what I have discovered in the past 24 hours is shocking.
We tipped Big Sofa (BST) just a few weeks ago at a 4p offer. The shares, of which we own a good few, are now 4.5p-5.25p following an upbeat trading statement. But hang on tight as there is far more to come.
Berkeley Energia (BKY) has announced it “welcomes municipal election result and is awarded three new exploration licences”…
I have not reported for a couple of days and I am glad to say that the waters are now receeding here at the Welsh Hovel. They have left our garden and the levels in the Orchard are down by a good foot and a half. The photos below are from Thursday and are from the area around the bridge I cross each nursery day walking Joshua off to “borstal” in England.
I start with reports in the Times about share sales by EIF over the past week which just go to show that this fund will be gated until Christmas or beyond. Then I discuss whether Neil Woodford should go to prison for what he has done and having considered the evidence I argue that he should.
The water levels here at the Welsh Hovel are about a foot up up on yesterday but the waters, while encroaching further into the main garden, remain at least ten yards from the house. So no panic. Yesterday Joshua and I went to inspect “Joshua’s fields” which run along the banks of the Dee up from the house to close to the bridge to England.
In today’s bearcast I comment on Quindell fraudster Rob Terry in light of my earlier artice, I look at the FRC, PWC and Redcentric (RCN), ValiRx (VAL), Plutus Powergen (PPG) and at Neil Woodford and IP Group (IPO) which might be next to unravel as the contagion spreads.
You could not make this stuff up. Watchstone (WTG), Quenron as was is trying to sue its founder, the king of the fraudsters, Rob Terry and others for breach of the share purchase agreement entered into by the Company with Mr Terry and others on 28 April 2011 in respect of the sale and purchase of shares in Watchstone Limited. But now Terry is seeking to counterclaim for £14.7 million. His claim is utterly ridiculous but will waste more of Watchstone’s dwindling cash pile.
Julie “lingerie on expenses” Meyer’s 30th firm of lawyers, Tweeds, sent me a fascist lawyers letter 13 days ago as you can see HERE. I have ,today, responded. If they were expecting a climbdown they will be disappointed. My letter to lawyer Peter Mcgrath follows: