articles

The Camkids FRAUD – An Open Letter to Cairn Financial, Beaufort and AIM Regulation – suspend shares in Jiasen NOW!

Tom Winnifrith Wednesday 12 August 2015

 

Share this

Earlier today we demonstrated quite clearly (HERE) why Camkids (CAMK) has committed accounting fraud and why the statement of yesterday just does not add up. We have been saying that this company is a fraud for months and months and that is now clear to all. The local auditors of Camkids and the now delisted fraud Naibu acted for two other AIM stocks, one of which is Jiasen (JSI). It is also a fraud and we call for an immediate suspension of its shares as well.

We demonstrated clearly that there are numerous Red Flags for Jiasen HERE

This is a company that – like Naibu and Camkids – claimed to be drowning in cash yet mysteriously also borrows money at punitive rates. We have no faith whatsoever that accounts signed off by Crowe Horwath following the abject failures to report contingent liabilities or bank debt at Camkids and Naibu respectively. We are far from convinced that the stated cash position at either firm – as signed off by Crowe Horwarth – was in fact true.

In light of this

Read the full article on ShareProphets | Comments
About Tom Winnifrith
Bio
Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
Twitter
@TomWinnifrith
Email
[email protected]
Read next

Tom Winnifrith Bearcast: Both ADVFN & Versarien forced to fess up thanks directly to my actions

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.

On ShareProphets
Tuesday 21 January 2020
TomWinnifrith.com Copyright © . All rights reserved.
Created by Everywhen