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EXCLUSIVE: Hulsey Smith knocks Strat Aero for 6 with counterclaim - shares must be suspended

Tom Winnifrith Sunday 24 April 2016

 

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Oh dear. Hulsey Smith filed a counter claim  against Strat Aero (AERO) and four of its directors and we have obtained a copy. It is damning and until these allegations are refuted the stock is 100% uninvestable. Some of them are so severe that AIM Regulation needs to step in, suspend the shares and order a formal investigation. Did, for instance, the board give the CEO a "bonus" to allow him to make share purchases to "bolster the share price", This document begs for an immediate share suspension.

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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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