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Breaking: Andalas: Crim Dave Whitby using Cornhill to try to raise £2 million at sub 0.55p - AVOID LIKE PLAGUE

Tom Winnifrith Wednesday 20 April 2016

 

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In a mad rush given that it could be booted off the AIM casino on Friday, Andalas Energy (ADL) is - according to my sources trying to raise £2 million at between 0.45p and 0.55p - that compares to 1.3p just prior to suspension. Rule breaking low life dirtbag CEO Dave Whitby has engaged  commission hungry/ethics light brokers at Cornhill to bring in the cash, promising them market beating commission plus warrants - a package worth several hundred thousand quid if they can stiff their clients and back this issue. For mug punters the maths just do not stack up.

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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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Tom Winnifrith Bearcast: Shame on PWC & Numis, Hat tip Jim Mellon and ouzo for a vindicated Lucian Miers

Jim Mellon says he loves listrening to my podcasts and has sent over a very interesting article following the pulled We Work IPO which I discuss at length. The into PureCircle (PURE) which Lucian has called brilliantly, notably here. Yesterday’s shock warning tells us so much about the disgraceful apathy of folks like Numis and PWC when evidence of aggressive accounting was there for all to see over many years. I discuss another company shown to be swmming with no trunks. It will not be the last.

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