22 hours ago

Video: October Rain, 3 years since October 7

Of course, Eurovision made brave Eden Golan change the lyrics because they were “too political”. You cant reference the biggest one day slaughter of Jews since 1945 as that might offend the gays for Palestine in the audience. Struth. With the original lyrics performed in hostage square, this is what we should have remembered this week. Instead across the West young people marked the pogrom’s anniversary by marching for those who committed it not just Palestinians but in many cases Hamas. The West is fallen.

---

2 days ago

Amaroq – adds to FTSE 250 news with production ahead of target, Buy

Amaroq (AMRQ) has noted its upcoming inclusion in the FTSE 250 index stating it “clearly validates our strategy of moving our listing from AIM to the Main Market of the London Stock Exchange and will open us up to inclusion in further index tracking funds and the commensurate impact on liquidity of indexation” in an announcement that also includes “achieving Q4 2026 production target one quarter early”. More good news although, as Tom pointed out here, the effect will only be c£12 million of tracker buying, 2% of the equity. But it all helps!

---

2 days ago

Comptoir PLC: a case study in why both AIM and the UK are just so screwed

Comptoir (COM) owns a range of Lebanese styled restaurants largely in prosperous parts of the UK. It is now expanding abroad often by franchising but today says that it is pondering quitting AIM. Why the hell would it stay?

---

2 days ago

Cykel AI – where is the frigging material uncertainty?

Standing behind this Jonathan Bixby created dog’s dinner of a shitco is the usual dream team of advisers to the Bixby gang, Brian Stockbridge at First Sentinel and Guy Wheatley from Fortified Securities. Numbers out yesterday. Interims to July 31, from Cykel AI ( CYKL) were exactly what you’d expect of a company like this, riddled with errors and just piss poor.

---

2 days ago

ANOTHER EXPOSE: Quantum Blockchain – it is still not telling the truth about the Italian house!

What is it with Quantum Blockchain (QBT), disgraced Nomad SP Angel of the Mysquar fraud infamy and wanker PR Christian Taylor Wilkinson and telling the truth? Despite the best efforts of myself and AIM Regulation, folks are still being lied to about the Italian House.

---

2 days ago

Tom Winnifrith Bearcast No 2: It's October 7 tomorrow and Britain sickens me again & why there is no Kenmare read across

I start with the 3rd year anniversary of October 7 and how some folks are marking it and why the Police are useless in not responding. Then it is Petra Diamonds (PDL), utter bollocks from morally bankrupt advisors like PR wanker Christian Taylor Wilkinson in a ‘fess up from Quantum Blockchain (QBT) after my GOTCHA yesterday and finally a long look at Kenmare (KMR) and the bid from Andy Burnham’s pals in Abu Dhabi.

---

2 days ago

Kendrick: surely statement needed on the placing that is underway?

Shares in Colin Bird’s Kendrick Resources (KEN) continue to slump and are now just 4.875p. The maths are simple as I pointed out HERE 

---

3 days ago

Tom Winnifrith Bearcast No 1: Amaroq day

After a few jokes about Liverpool’s greatest numbers man since Ken Dodd it is all about Amaroq (AMRQ) day and what a great day it is for we loyal shareholders.

---

3 days ago

Marwyn Value Investors – interims, “a number of different routes to further value creation” BUY

Investment company Marwyn Value Investors (MVI) has announced its results for the first half of the 2026 calendar year and emphasises a focus on shareholders benefitting from both capital growth and distributions as value is realised with “the portfolio enters the second half with a number of different routes to further value creation”.

---

3 days ago

MedPal AI – sales are vanity , cash is fact and so is a lack of it

Today Medpal AI (MPAL) reports another very strong update on revenue growth but… there is always a but when the Drummonds are involved.

---

3 days ago

EXPOSE: Eden Biosolutions – revisiting the dodgy TerpeneTech transaction as new accounts out, this is as kosher as a pork pie

21 years after my last batch of lawyers letters from these scumbags and after several victories over them thanks to my good pals at the FRC, the battle goes on. A few weeks ago, I reported on Eden Biosolutions’ (EDEN) piss poor results for the 15 months ended 31March 2026. One of the issues I highlighted was the sale by Eden ( formerly known as Eden Research) to its associated company TerpeneTech Limited of data access fees for £434,783. Terpenetech’s accounts are now out. GOTCHA!

---

3 days ago

EXPOSE: Avacta Placing – the truth behind Project Hawkeye

After hours yesterday Avacta (AVCT) announced that it had successfully raised £12.5 million at 68p. Up to a point. I have now seen communications from Zeus Capital with regard to what it termed “Project Hawkeye,” the culmination of a few weeks of frantic share ramping via RNS and research pumping the stock from the very same broker that would soon be doing a placing.

---

3 days ago

Tom Winnifrith Bearcast: a challenge for Bexley YC's 57 year old chairman, the Quantum scandal and Amaroq for the FTSE 250 this week?

I start with the welfare calculator from the TPA and numbers that are stunning us all but also look at Covid bounce back loan fraud. That brings me to the economic flatulence of Kemi’s Tories and why its tax pledges play so badly in places like Wrexham, a must win seat. That is my challenge for Evil Banksta and his YC chums. Then it is Amaroq (AMRQ), Kendrick (KEN), the Quantum Blockchain (QBT) scandal and Petra Diamonds (PDL). PS Do enter Lucian’s prize contest HERE

---

3 days ago

What's the benefits bill where you live? Fascinating new tool from the TPA

You can find out HERE thanks to the Taxpayers Alliance. Where I live in Wrexham, £244 million will be handed out this year in benefits, that is an average of £2049 per person – up 16.2% since Labour came to power.

---

4 days ago

We tipped the shares then came the bid

Shares in ‘molten metal flow engineering and technology’ company Vesuvius (VSVS) were a 380p offer price recovery tip in late August with we noting latest results suggested share price recovery potential for the patient investor and there also dividends whilst waiting. However, that potential looks to have been noted elsewhere too as there’s now “Possible Offer” news.

---

4 days ago

EXPOSE: Has Quantum Blockchain misled investors about the Italian House? Part 2

Earlier today I exposed how worthless AIM shitco Quantum Blockchain (QBT) had lied to investors in its September 28 released half calendar year results about a possible windfall of up to 270,000 Euro from the sale of an Italian House. But it gets worse. How on earth can disgraced Nomad SP Angel of the Mysquar fraud infamy sign off on this crap. Does PR himbo Christian Taylor Wilkinson bother checking the crap he puts his name to?

---

4 days ago

EXPOSE: Has Quantum Blockchain lied to investors about the Italian House?

Since 2017, Quantum Blockchain (QBT) has kept investors on the hook with the promise of getting back up to 6 million Euro from Italian legal claims. Even if it got that cash such is the state of its balance sheet that it would still be insolvent but the hope of money coming in keeps some gerbils drooling. But is it lying?

---

4 days ago

Is it always a bad sign when you switch auditors to PKF Littlejohn?

So says reader BuriedTreasure “Appointing PKF Littlejohn, auditors for all sorts of scallywags, is never a positive move” with regard to today’s news from Probiotix (PBX). But he is wrong. Do not get me wrong, PKF does act for all sorts of scallywags but that is not the same as saying that all its clients are scallywags.

---

5 days ago

Win a bottle of champagne from Lucian Miers MMT contest

Modern Monetary Theory is clearly nonsense. It is not a theory it is an economic policy tested in Weimar and Zimbabwe and found wanting. But still gullible Guardian reading saps like Lucian Miers find themselves attracted. So Lucian poses a question for us all and the best answer wins a bottle of champagne sent by the Bard of the Boleyn.

---

5 days ago

Tom Winnifrith Bearcast: As YOUR hard earned cash is being used to punt on an AI ramp, I look at the whacky accounts of FN Advisory

En passant I mention Eco Buildings (ECOB) and Georgina Energy (GEX) but this is really all about Vaultz Capital (VT3C) and the really whacky world of FN Advisory and YOUR taxpayer cash.

---

5 days ago

Tom Winnifrith Bearcast: £1.2m of questions as the Reabold bid for Union Jack fails

After hours on Friday the Reabold (RBD) for Union Jack (UJO) officially failed and lapsed. I discuss what questions this raises and also red flag Defence Holdings (ALRT) in a tangential vein.

---

5 days ago

Vaultz Capital – third time lucky? Not on your nelly - more red flags than May Day in Moscow

On Friday Vaultz Capital (V3TC) announced a pivot to the world of AI primarily funded by the disposal of Bitcoin. This company has more strategy pivots than I have inappropriate thoughts about Cheryl Cole. Well okay not that many but almost…

---

5 days ago

Video: The Uranium Blow-Off Top, AI Hyper-Scalers & ‘Huge Value’ in The Miners

Writer Justin Huhn has a firmly bullish outlook for uranium, describing the current phase as the middle of a long-term secular bull market.

---

6 days ago

Tom Winnifrith Bearcast from my sick bed

Not a good health 24 hours so I shall make this brief. I look at Valereum (VLRM) and Quantum Data (QDT) and why accounting wonkery matters, Petra (PDL), Tullow (TLW) and Georgina Energy (GEX).

---

6 days ago

Video: Why These Critical Metals Will Explode Higher, ‘Uncharted Territory’ For Gold

Consultant John Feneck is not phased by gold’s recent consolidation, noting it has turned negative year-to-date and is down around 5%.

---

6 days ago

Petra Diamonds misleads as it finally fesses to the HMRC winding up petition

On 22 September I published an article showing that Petra Diamonds (PDL) subsidiary Petra Diamonds UK Treasury Limited had been served with a winding up petition by HMRC – in fact it had been served on 25 August as you can see demonstrated HERE. That’s a SCOOP! Today Petra fessed in an RNS but it misleads the poor saps who own its shares. Management are shown as scumbags.

---

6 days ago

EXPOSE: Valereum interim accounts demonstrate grotesque non compliances with IFRS 9

As I flagged up yesterday Valereum (VLRM) faces a lack of fiat crisis and his grossly misled investors. Now it gets worse. Interims to 30 June 2026 contain some grotesque non compliances with IFRS 9 accounting standards in connection with its accounting for its transaction with Quorium Global Photonics SPC bond.

---

7 days ago

Amaroq – “pleased” with further Nanoq drilling programme and metallurgical test work, here’s why…

Amaroq (AMRQ) states it “is pleased to announce the completion of its 2026 resource drilling programme at the Nanoq Gold Project in South Greenland, alongside successful metallurgical test work results of Nanoq mineralisation”. The details show why it is pleased.

---

7 days ago

Quantum Blockchain Technologies deeper dive accounting nerdery, nothing adds up, wholesale IFRS breaches

As I set out in my article yesterday the poor financial position of Quantum Blockchain Technologies (QBT) means that it is reliant upon future placings to stay afloat given its cash at June 30 of just E11,000 and an operating cash burn in the prior six months of E1,065,000. Conventional debt from third parties isn’t possible because it has net liabilities of E6,426,000 which includes existing debt of E7,396,000. So, a bucket shop placing is inevitable.

---

7 days ago

The Easy Money Fairy Tale Is About To End Violently says the world's second most foul mouthed financial podcaster

Chris Irons, aka Quoth the Raven, has a unique style of podcasting but who am I to throw stones? He has just published this essay below which is a warning to us all. He is bang on the money.

---

7 days ago

Tom Winnifrith bearcast: a new share trade

Cynicism and wild optimism. In this podcast I discuss Valereum (VLRM), Microsalt (SALT), Kefi Gold & Copper (KEFI), Quantum Blockchain (QBT), Eco Buildings (ECOB), Rent Guarantor (RGG) and Amaroq (AMRQ)

---

7 days ago

EXPOSE: £24m cap Eight Capital Partners declared profit but a looming liquidity challenge

Profit is a matter of opinion. In its interim results for the half calendar year Eight Capital Partners (ECP) recorded a profit of £904,000. Eight earned a meagre £35,000 after costs from its advisory business. Administration costs were £381,000. The profit was due to recorded investment income of £1,250,000 due from its holdings in the SFE Bond it obtained in exchange for its bond due from The Avantgarde Group S.p.A controlled by Alessandro Zamboni. 

---

7 days ago

Quantum Blockchain Interims: how is this AIM posterboy company not classified as bust?

This old donkey should have been sent on a one way trip to the glue factory years ago. Half calendar year numbers came out on 28th September and were, as you might have predicted, dire.

---

7 days ago

To be fair to Andy Burnham and chancellor Healey as the 30 year bond tops 6%

I think that you might have guessed that I am not the greatest fan of this Labour Government, run as it is by economic illiterates from the lanyard wearing classes. But as the 30 year bond yield surged to 6% earlier today, it is now back at 5.98%, one should show some balance.

---

7 days ago

Valereum Interims Part 1: A fess up on past untruths, the auditor calls out cock & it looks to be bust!

 What’s not to like? At 2.85p Valereum (VLRM) is capitalised at £17 million. That is £17 million too high. This company is run by scumbags and is insolvent as interims today make clear. Let’s start with the fiat crisis.

---

7 days ago

Paul Mathieson back where he started – my mother’s suicide, this time he ropes in my late father as well

As he runs down the last days of his subscription to ShareProphets, Paul Mathieson thinks fellow readers are supportive of his campaign of harassment which the Police wish to interview him about under caution. He has again posted a comment on this website going back to my mother hanging herself in 1976.

---

7 days ago

Tom Winnifrith bearcast: from Avacta's crazy valuation to a £1 billion joke, Mr Turd and a potential 25 bagger

I start with the wrong date and reflecting on an evening with the cottage burners yesterday. I offer a few thoughts on the Euroloon’s daft idea on immigration and retraining, then it is Avacta (AVCT), Kendrick Resources (KEN), Atlas Metals (AMG) and Eco Buildings (ECOB)

---

7 days ago

Kendrick interims: do the maths, its got no money at all! Bailout placing ahoy! £24 million Timber!

Today we have half calendar year numbers from Kendrick Resources (KEN). Results out on deadline day – red flag. Colin Bird chairman – red flag. Look at the balance sheet… red flag!

---

7 days ago

Tullow $393 million tax blow – could that sink the ship?

Tullow Oil (TLW) shares about which I have long been bearish have halved today to 9.82p giving a market cap of £148 million after a court set back that could cost it $393 million. Would that sink the ship?

---

7 days ago

Video: Food Shortages, Inflationary Spiral & Why Gold Miners Will Benefit ‘Tremendously’

Analyst Florian Grummes is a bear. He has clear concerns about equity markets being at all-time highs, rising Treasury yields, and Middle East energy disruptions.

---

9 days ago

If Microsalt hits breakeven in 2027 as it promises I am a banana & so is Evil Banksta

Microsalt (SALT) one of the dogs floated off by Tek Capital (TEK) has completed an equity fund raising bringing in a total of £1.54 million gross ( call it £1.45 million net). And the company has now made projections claiming it is funded through to profitability next year. Bollocks. If that is true both myself and fellow bear Evil Banksta are bananas.

---

9 days ago

BREAKING: Sath Ganesarajah of Bluebird breaks the rules yet again

Oh dear, is there nothing this disgraced CEO will not do? With Bluebird Mining Ventures (BMV) running on vapours and the company desperately trying to get another bailout fund raise away. But there is a problem: more than 100 million exploding warrants which get repriced and resized with every placing.

---

9 days ago

EXPOSE: Potentially AI – significant loss in last interims before RTO and breaches of IFRS accounting standards

Potentially AI ( AGI) has released its interim results for the six months ended 30 June 2026 which showed a loss of £1,061652 on zero revenue. These results were before the reverse takeover of Potentially AI and therefore do not include any results for that business. It does mention that during August 2026 it’s early access waitlist had grown to 25,000 which provides 12 months’ free membership. 

---

9 days ago

Tom Winnifrith Bearcast: This is madness Home Secretary and all about Kefi

I start with the latest proposals from the Home Secretary about importing more Afghans and Gazans, can anyone at any level say why this is not insanity? Then Kefi Gold & Copper (KEFI), yesterday’s fake research note and today’s results.

---

9 days ago

Will Reabold’s humiliation be announced Friday or Monday? A share only for lemmings either way.

56 days after it launched its bid for Union Jack Oil (UJO), Reabold (RBD) today announced that acceptances are, as of 1 PM yesterday, up to 6.2% from 5.7% a week prior. That is humiliating.

---

10 days ago

Paul Mathieson writes to my wife again

She has him blocked on the advice of the Police who are even keener to interview him under caution after a weekend slew of emails. But he ccd me in. He emailed to her:

---

10 days ago

Video: Rick Rule sees a ‘Generational Opportunity’ In Gold Miners, ‘Substantially’ Higher Gold Prices Ahead

Like me, the legendary investor investor Rick Rule sees real parallels with the 1970s.

---

10 days ago

EXPOSE: Tern Results, another dog’s dinner & why is a new corporate car needed?

In its interims to 30 June 2026 out today Tern (TERN) announced a loss of £382,000 and a 10% decline in net asset value per share to 0.9 pence. That is only half the (horror) story.

---

10 days ago

Tek Capital: when is a profit pure fiction? Bailout placing

As I explained HERE, the $145 million interim profit reported by Tek Capital (TEK) was pure fiction. Its aim was to disguise from the ongoing cash guzzle and to ramp the shares ahead of yet another placing. Call me Mystic frigging Meg.

---

10 days ago

BREAKING: KEFI - Market abuse with apparently fake broker note

On both the ADVFN and LSE Bulletin Boards late afternoon there were postings of what purported to be an “independent broker note”. The company is aware of no note. The claims made in it are demonstrably false at a number of levels. And if you put it into AI it will tell you that it appears fake and is largely AI written. So it’s fake. But it has spooked some investors.

---

10 days ago

Tom Winnifrith Bearcast: Gold and the 1970s and Blackbird lurches to another bailout

I discuss the gold price, I mention Kefi Gold & Copper (KEFI) and I look in detail at Blackbird (BIRD)

---

10 days ago

Pensana: two questions Paul Atherley MUST answer

With its operations at Longonjo effectively shuttered as it faces a funding black hole after offshore financier Cascade failed to deliver a $150 million investment into its subsidiary, Pensana (PRE) faces not only financing challenges but also a credibility issue. Chairman Paul Atherley urgently needs to answer two questions to reclaim some credibility.

---

10 days ago

Coinsilium: more about that second pig and pork

Yesterday I exposed how fiat strapped, cash guzzling, bitcoin in treasury spoof Coinsilium (COIN) has engaged in not one but two pig and porks in the past few months. A kind reader suggests that the most recent of the pig and porks merits further scrutiny.

---

10 days ago

BREAKING: Not Very Gneiss message, if not an outright threat to Union Jack’s Craig Howie

When David “trougher” Bramhill at Union Jack Oil (UJO) hooked up with FCA Regulated advisor Gneiss Energy I flagged up that it would be a costly exercise pointing to the two part expose on Jon Fitzpatrick and Gneiss I had published a few years back HERE and HERE. But who listens to old Tom?

---

10 days ago

Letter to AIM Regulation and the FCA: Cirata (again)

Yesterday’s expose HERE makes it slam dunk certain that Cirata (CRTA) hid adverse price sensitive information from investors ahead of its June 25 2026 placing at 15p. I have now written to AIM Regulation and the FCA

---

10 days ago

Is Nuburu overpaying for Tekne S.pA? Is the Pope a Catholic?

The bulls of Alessandro Zamboni’s Nuburu (US:BURU) have been waiting for the Tekne S.P.A deal to land since February 2025. The latest announcement from Zamboni is that the deal should now close in early October.

---

10 days ago

Tom Winnifrith Bearcast No 2: Coinsilium and not 1 but 2 pig and porks!

81p to 2.7p in 14 months but still valued at £13.7 million I look at Friday’s numbers from bitcoin in treasury fallen star Coinsilium (COIN) and really do not like what I find.

---

10 days ago

BREAKING: Cirata – revisiting revenues and accrued income & its shocking!

On Friday I looked at the aggressive way that Cirata (CRTA) accounts for sales and concluded that this completed the case for sacking CEO Stephen Kelly. I was wrong. There is more. And it gets even worse with what it implies about the June 25 placing.

---

10 days ago

Tom Winnifrith Bearcast No 1: revising Coulter's Law for Fairford & 2 scary sets of words from the Left shows Labour just does not understand economics

I start with my tweaking of Coulter’s Law for UK terror attacks. Then the Labour chairperson, a lifelong member of the lanyard wearing classes, advises UK businesses what to focus on, and its not making a profit, while comrade Brian Basham gets in a tax tangle – we really are all doomed as Labour meets up in Liverpool.

---

12 days ago

Podcast: TW interview Cathal Friel of Poolbeg Pharma

Rather blindsided by my pal Cathal Friel, one minute before we were set to discuss European Green Transition (EGT) about which I know quite a bit and shares in which have doubled since I tipped them, despite the warnings of Fagash, I was told we were to discuss Poolbeg Pharma (POLB) about which I know little. I know more now. Enjoy.

---

12 days ago

Amaroq and the Donald Trump Roll, is the target from 120.5p, 200p or 300p?

Over the last weekend Donald Trump announced by social media a new deal with Denmark and Greenland. How statesmanlike. The deal was inked thus week and means that the US will guarantee the sovereignty of Greenland and has a veto on non US investors gaining new access to base metals and rare earth resources. The next, and inevitable step, is large amounts of US money heading to Greenland mining and infrastructure projects.

---

12 days ago

Tom Winnifrith Bearcast: Where now Pensana, Mothercare and Avacta?

On a day of triumphs, the latest attacks on my wife really are disgusting and do make me think twice. Having considered that I look at Pensana (PRE) after today’s shocker which, again, vindicates my work. I then look at Avacta (AVCT) and Mothercare (MTC) and I have a weekend treat lined up for you.

---

12 days ago

Paul Mathieson’s back, now obsessing about TW's penis size then doubling down with vile abuse of his wife

He may regard this website as being a satanist, devil worshipping, pedo outfit run by Zionists but he just can’t keep away.

---

12 days ago

Photo Article Caption Contest: I'd rather watch tractor porn or stare at a blank ceiling than listen to Marcus Stuttard

Last night the Quoted Company Alliance held a black tie beanfeast where all the Nomads, brokers, PR fluffies, lawyers, accountants and other crony capitalists used money extracted from PLCs (i.e cash raised from mug punters) to book tables and get pissed. Your cash, their hangover. But before you beat them up too much the poor bastards had to suffer a speech from the bogus Sheriff of AIM, Marcus Stuttard about how his crack team of Oxymorons at AIM Regulation were doing such a great job.

---

12 days ago

Dick Stabbins gets behind Craig Howie: Surely Reabold must now make its intentions clear

Dick and another shareholder, Keith Galter have now filed Letters of Intent saying that they will reject the Reabold Resources (RND) offer for Union Jack Oil (IJO), for it is indeed a piss poor offer as I have noted many times.

---

12 days ago

Tom Winnifrith Bearcast No 1: I may be a puritan but this is why Stephen Kelly MUST be fired by Cirata

After today’s expose I prepare a full and detailed case for the prosecution with multiple charges. I then appeal to the NEDS at Cirata (CRTA) to act not only because it is the right thing to do but out of self interest.

---

12 days ago

EXPOSE: Cirata and its reported revenues and accrued income estimates

In its interim results to June 30 2026, Cirata (CRTA) reported revenue of $957,000 which was down from $3,208,000 reported in the comparative period. That is bad enough for a “growth stock” but it really is only half of a shocking story.

---

12 days ago

VINDICATION! Pensana: the $150m cheque from Qatar is still not in the post & any update on the fake or not fake sheikh?

I am sure that Paul Athlerley of Pensana (PRE) will again accuse me of clickbait journalism or of already being pissed at 8 AM and Tim from North London will blame it all on Brexit but let’s start with the sheikh and a lie that was served up earlier.

---

15 days ago

BBC creates fake news to make a crime Islamophobic - David Collier

https://david-collier.com/when-the-facts-dont-fit-bbc-news-invents-a-motive/

---

15 days ago

Tom Winnifrith bearcast: the Mrs reaches her Ayn Rand moment

I start with how her animal spirit is being crushed. Then it is Hydrogen Utopia (HUI) and a tale of City slackers, London Bitcoin Company (BTC) and its fiat crisis, BSF Enterprise (BSFA) and Petra Diamonds (PDL), target price 0p.

---

15 days ago

KERBOOM: Purplebricks – HMRC winding up order

Nobody cannot say that we did not call out the Purplebricks (PURP) joke for what it was numerous times. Others, including Neil Woodford, thought they knew better but our analysis was bang on the money. The company is now privately owned but it seems to be having a spot of bother. As you can see below…

---

15 days ago

Paul Mathieson is back now on behalf of Jesus, he terms Tom Winnifrith a Zionist c*nt

He is still a member of this website until his sub runs out even though he thinks that it is Satanic, devil worshipping, a paedophile venue and run by Zionists. And so he offers up another cheerful message to remind us what a charming fellow he is. It appears that he shares the same devout faith as the late Aiden Earley and Ms Julie “sex toys on expenses” Meyer no longer an MBE. Mathieson posts

---

15 days ago

Quantum Data Energy CEO Video: worse than Boering

The interviewer is Martin Luke of Vox Markets which is paid to serve up this tripe so this is not exactly Jeremy Paxman. Quantum Data Energy (QDE) CEO Pieter Krugel boers away with ums aplenty. Natch Luke does not ask him what really matters. Viz: 

---

15 days ago

Paul Mathieson seems to have forgotten he resigned on June 1 ( again)

If we believe Paul Mathieson, who thinks I am a Satanist, devil worshipper and, worse still, gulp, a Zionist, he resigned as a director of Amazing AI, now known as XXXX Holdings on June 1 but only told Companies House on September 17. If you believe that I have a bridge to sell you.

---

15 days ago

Craig Howie please take note: Richard Jennings steps down as Kazera CEO and shoots from the hip, he is the AIM hero of the day

Over at Union Jack (UJO) Craig Howie and his spineless associates are still insisting on paying compensation to a previous management team even though they say they breached the Companies Act 2006 and they also breached GDPR Regs in a material way, both matters that constitute gross misconduct. All involved are spineless. Over at Kazera Global (KZG)…

---

15 days ago

Tern: a masterclass in NAV per share destruction

Yesterday, the latest fund raise, an open offer, closed with less than complete take up. Luckily it was underwritten but it will be a costly £500,000 raised. Let’s call it £450,000 net. At best. But why would anyone invest in Tern (TERN)?

---

16 days ago

The Gaza Genocide lie in 4 charts

The other day I flagged up the fact that Palestine was getting fatter – in line with most Arab states – at a time when we were all being told that the wicked Jews were using starvation as part of a genocide. Still, many folks out there repeat the genocide blood libel flying in the face of facts. So here are 4 charts. If you still insist Israel has committed genocide after studying them that it is time to accept that you are either stupid or an anti semite or probably both.

---

16 days ago

A chart for the global warming cultists to explain

The world is getting hotter as a result of man made carbon emissions so ice is ,melting, sea levels are rising and we are all going to drown. I summarise what the BBC and the Group Think tell you on a daily basis. But the facts, as ever, are an inconvenient truth. The chart below looks at the amount of ice on Greenland 

---

16 days ago

Tom Winnifrith Bearcast: Andy Burnham's chilling attack on your freedoms & two victory laps for the Sheriff

I start with Bodybags. Then I look at MedpalAI (MPAL) and Skinbiotherapeutics (SBTX), not at my bear case thesis in both vase but pulling apart the bull case. I comment on Tern (TERN), Optibiotix (OPTI) and Paul Mathieson, two metaphorical ouzos tonight, and then on Georgina Energy (GEX), Georgina’s scumbag management’s hit job on me I reference was discussed HERE

---

16 days ago

Paul Mathieson writes…

After today’s shocking news that the Police wish to interview him under caution, Mr Paul Mathieson has sent myself and Darren an email. If you thought he was bonkers before….

---

16 days ago

Who is pumping Medpal AI and why?

I cannot get excited about Medpal AI (MPAL) even after its placing to raise £5 million at 5p. There are five reasons for thus and though I’d like to be nice to my pal the evil PR genius Councillor Bick as he considers the waning fortunes of Reform UK, I just cannot overcome them. The shares are now 6.05p giving a market cap of £53 million, I suspect that is closer to £60 million fully diluted with all the in-the-money options management have awarded themselves. So here goes.

---

16 days ago

Peter Schiff: Immigration drives prosperity but NOT if you offer a generous welfare system

Am I allowed to write this or will Andy Burnham’s new proposed Ministry of Truth forbid it? The great gold bug Schiff has it bang on the money with his truly libertarian approach to immigration. He talks about America but it is even more true when one considers the UK. Here in Airstrip One, I would throw open the doors to all comers. That would put the people smugglers out of business. But I would also not offer a penny of welfare to anyone arriving in the UK. Let us see who then arrives. Furthermore…

---

16 days ago

New Kefi Presentation – some very big key takeaways

The presentation can be seen below and takes into account the awful attack on the Tulu Kapi camp on 4 September. To me it really is a very strong slide deck and reinforces why on a risk reward basis the shares are – at 0.72p – such a strong buy and I am, as you know, buying so drinking my own poison! For me, the key takeaways are:

---

16 days ago

GOTCHA: Optibiotix was forced to restate its accounts by the FRC thanks to the Sheriff of AIM

What folks like Laura “the cover up” Zelenko and crazy Meg Short at Bloomberg will never understand is that I am one of the good guys holding Companies to account. If I hang up my boots to become a goat farmer or when the grim reaper comes to pay a call, more folks will get away with financial crime or dodgy accounting because nobody else seems to raise issues with the regulators and force corrective action. Today I have received the letter below from the Financial Reporting Council regarding Optibiotix (OPTI).

---

16 days ago

Letter to Laura Zelenko, Senior Executive Editor at Bloomberg overseeing standards, diversity, talent, and training

In light of today’s Police interest in Paul Mathieson I have dropped Laura Zelenko at Bloomberg an email. Laura promised me a full and prompt enquiry into Bloomberg’s role in harassing me at the behest of Paul Mathieson, Barings’ Nick Leeson and the man Harvey Weinstein engaged to harass journalists and women he is alleged to have raped, Seth Freedman. Ms. Zelenko’s commitment to an enquiry was 7 months ago. However, nothing seems to have happened from the woman in charge of “overseeing standards.” The letter reads:

---

16 days ago

Letter to Baker McKenzie – the Police would like to speak to Paul Mathieson

I have dropped Francesca “Frankie” Davies at Baker Mckenzie a note about Paul Mathieson…the Police have been on the trombone

---

16 days ago

Tom Winnifrith Bearcast: Why I do NOT trust the new management and why owning Skins shares is madness

A delayed workday today after a morning health relapse. Back on the case I explain exactly why I do not trust the new management at Skinbiotherapeutics (SBTX) and why owning its shares is madness. En passant I mention Cirata (CRTA) and the FCA.

---

17 days ago

BREAKING: Petra Diamonds subsidiary winding up petition – not good news I suggest: I smell 0p by Christmas

It is not Petra Diamonds PLC (PDL) that faces the petition. It is a zero for reasons I have explained many times but most recently HERE. However, there is a winding up petition made by HMRC against a subsidiary, Petra Diamonds (UK) Treasury Limited.

---

17 days ago

Peel vs Harworth and the shrinking list of listed firms

The Euroloon Jonathan Price is wrong about most things in life other than his lifelong support for the mighty Hammers, accepting that his Mrs is far too good for him and his knowledge of commercial property and shares in that sector. He regards it as a slam dunk cert that there will be more bids as he explained HERE.

---

17 days ago

European Green Transition – interims, more to come from an already massively winning share tip?

European Green Transition (EGT) has announced its half-year 2026 results emphasising “a transformational period… completed the acquisition of the Wind Services business”. What’s the outlook now from the valuation at a 13p share price, comparing to a 6.75p offer price tip just in April?

---

17 days ago

Yet again, another week goes by and nobody else has accepted the Reabold offer for Union Jack

At what point does the board of Reabold Resources (RBD) accept that their (shit) all paper offer for Union Jack Oil (UJO) is going to flop and ‘fess that they will then walk away.

---

17 days ago

Skinbiotherapeutics – utterly dire news

Better late than never Skinbiotherapeutics (SBTX) has served up a (piss poor) delayed trading update and declined to offer specific guidance going forward other than to ‘fess that it is still loss making and burning cash. It has not yet secured anyone prepared to act as NED as it stated it would by mid September so what’s the good news?

---

17 days ago

Supply@Me Capital – dire trading update & ongoing suspension

In today’s trading update, the insolvent fraud Supply@ME Capital (SYME) fesses up that it is still unable to publish its year end accounts to 31 December 2025 and that interim accounts for six months to 30 June 2026 won’t be published on the deadline of 30 September. So its shares remain suspended. It gets worse.

---

18 days ago

Today's Ayn Rand quote, tell me it's not true

From Atlas Shrugged written in 1957. Tell me this is not the UK today.

---

18 days ago

Tom Winnifrith Bearcast: Learning Welsh or having a monthly Church lecture on the poor Palestinians and blessed asylum seekers

That is the choice I face as we start the process of choosing a secondary school for my son. After pondering that I look at Amaroq (AMRQ), Skinbiotherapeutics (SBTX), Kefi Gold & Copper (KEFI), Eco Buildings (ECOB) and Hamak Strategy (HAMA)

---

18 days ago

Reabold bites back at Union Jack – this is pointless, it is just nose candy money for the City

https://shareprophets.com/views/88363/reabold-bites-back-at-union-jack-this-is-all-nose-candy-money-for-the-city

---

18 days ago

Video: Gold Suppression, Bond Markets ‘Revolting’ & Why Juniors Will Outperform

Asset Manager Michael Gentile maintains a strongly bullish long-term outlook on gold, viewing the recent price consolidation from its highs as a normal pullback within a broader bull market.

---

18 days ago

Mothercare can’t say its screwed too often

Today Mothercare (MTC) has won the lottery. But £800,000 is not enough and it still reminds investors that it is screwed. Its shares are worthless yet folks hang on for three different but equally spurious reasons.

---

18 days ago

New, or not so new, anti Government alliance in Ethiopia – am I panicking about Kefi? No.

Natch, folks are panicking after seven armed rebel groups in Ethiopia announced last night that they were forming an alliance to seize power. Before you also panic about the self styled “Alliance for Survival”

---

18 days ago

EXPOSE: Amazing AI – Companies Act contraventions undertaken by Paul Mathieson

Paul Mathieson of Amazing AI has spent a lot of time and effort try to avoid accountability for his activities and in particular explaining what happened to the more than £1 million it raised on 11 September 2025.

---

18 days ago

Tom Winnifrith bearcast: explaining balance sheets to a Skins owning lunatic

It is back to Optibiotix (OPTI) and Skinbiotherapeutics (SBTX)

---

18 days ago

Tom, Winnifrith Bearcast: hope and despair

I start with two stories of despair then to one of hope with the news out of Greenland and what it means for Amaroq (AMRQ).

---

19 days ago

Gaza is starving thanks to the wicked Jews: Inconvenient data from the World Health Organization

The blood libel pushed by so much of the media and political class is that the wicked Jews in Israel are committing genocide against the Palestinians partly by military means and party by starvation. How many reports on the BBC have you seen about the poor starving Gazans?

---

22 days ago

Letter to Pointon Young, former auditors to Amazing AI

In light of today’s shocking news about the clearly not backdated resignation of Paul Mathieson of Amazing AI I have written to the company’s former auditors Pointon Young. But before then I flag up one matter from Mr. Mathieson’s lawyers in Manilla.

---

22 days ago

UPDATED: Lucian Miers & Jim Mellon are coming back to Sharestock in 2027: early bird tickets now on sale, event 15% sold out!

After the success of this year’s biggest and best ever Sharestock, The Mrs. is hard at work making plans for Sharestock 2027 on September 4. We start with the news this morning that Lucian Miers has agreed to trek over from Yorkshire to join us next year. Yesterday  Jim Mellon agreed that he will again abandon his 10 dogs for the day and fly over from the Isle of Man to headline the show. And there are more inked in speakers and thus 51 weeks ahead of the event it is already 15% sold out!

---

22 days ago

Tom Winnifrith Bearcast: the Sydney Sweeney row with the Mrs and daughter 2

I despair of the younger generation as I discuss the welcome to Wales row. I then look at 2 9/11 PR blunders before considering businesses that are doomed to fail with shareholders losing everything including Mothercare (MTC), Hamak (HMV) and Bluebird Mining (BMV)

---

22 days ago

Evil Banksta weighs in on TekCapital after today’s spooftastic RNS

In May TekCapital (TEK) was gifted 51% of Vesari for $0 but within 5 weeks had published an “independent” , i.e. paid for report saying that a company with no assets, cash or patented IP was worth $293 million. I agree with Liverpool’s  greatest numbers man since Ken Dodd that this is just nonsense on stilts. Evil Banksta opines:

---

22 days ago

Good news travels fast but bad news….the case of Skinbiotherapeutics

On 24 August 2026 as Skinbiotherapeutics (SBTX) appointed a new interim CFO to replace the hapless Emily Bertram it stated “The Company is in advanced discussions with potential NED candidates and looks forward to updating the market in due course, and is also intending to issue a business update by mid-September which will include further Board updates.”

---

22 days ago

Mothercare: the end is nigh, don’t blame Trump, I told y’all eons ago

It can blame Donald Trump as much as it wants but the final demise of Mothercare (MTC) has always been inevitable as I have explained numerous times here. To recap.

---

22 days ago

EXPOSE: Nuburu shares in a slump post relisting on American Stock Exchange and latest accounts contain a material error

Yesterday, Nuburu (US:BURU) filed a form 8K which was issued to fess up that due to a material accounting error in its financial statements for the six months ended 30 June 2026, those accounts could no longer be relied upon and the accounts for the three and six months then ended will need to be restated.

---

22 days ago

Reinvesting my Satsuma Winnings

My winnings were not great but I was ahead on the spiv buy trade of Satsuma (SATS) and the cash has arrived in my SIPP. I see no point in holding cash so it has been reinvested this morning.

---

22 days ago

Quantum Data Energy - why are its shares still suspended?

Quantum Data Energy (QDE) shares were suspended with effect from 1 May 2026 for its failure to publish its audited accounts for the year ended 31 December 2025 by the 30 April 2026 deadline.  The cause of the delay in the publication of the audited accounts was triggered by the unprecedented resignation of Crowe UK on 28 April 2026 in respect of inadequate explanation and documentation received in respect of two transactions connected with Quantum’s £5 million fake news scam fundraise and possible or actual breaches of laws and regulations in relation to those transactions.

---

22 days ago

EXPOSE: Paul Mathieson and the strike off: you might think that, I could not possibly comment

I almost admire the chutzpah of Paul Mathieson, the poster boy client of Franke Davies and her pals  at the Baker Mckenzie International group, as he strives to bury Amazing AI, now known as XXXX Holdings Ltd without a clue as to where the £1 million raised last September went. And now there is a new twist c/o a newly invented time machine

---

23 days ago

Tom Winnifrith Bearcast: Hang on for the PS in the podcast

Today IU look at UK and US base rates, Optibiotix (OPTI), Probiotix (PBC), Skinbiotherapeutics (SBTX), Cirata (CRTA) and the Kelly scandals, Smarter web Company (SWC) and its new cunning plan I am too dumb to understand and, PS, Scancell (SCLP)

---

23 days ago

EXPOSE: Stephen Kelly’s CV – why the Cirata boss has to go and its not just the SEC investigated stock options scandal

If the NED’s at Cirata (CRTA) are doing their job properly they will not wait for the FCA to ask to see April/May/June management accounts but will review them internally now and consider the position of CEO Stephen Kelly themselves. While they are at it, has anyone considered his CV?

---

23 days ago

Optibiotix Interims – get your cheque book ready Adam

Any loss making company reporting interims which gives the period end cash number but not also an up to date cash number hoists an enormous red flag and that brings us to Optibiotix (OPTI) which, ceteris paribus, will be running on vapours by early 2027. Half calendar year numbers are out today.

---

23 days ago

Video: Rigged Markets, Why The Real Bubble Is In Government Bonds & Revaluing Gold

Economist Dr. Mark Thornton paints a dire picture of the global economy, arguing that widespread socialist policies are driving governments to extreme borrowing, money printing, and protectionism.

---

23 days ago

Cirata letter to FCA & AIM Regulation: was bad news suppressed ahead of fund raise? I bet it was!

I have been putting the timeline together and am now 100% convinced that Cirata (CRTA) was sitting on very bad price sensitive news which it withheld from investors when it did a placing at 15p, raising $7.4 million, on June 25.It sat on that bad news until July 24. After yesterday’s diabolical interims and a lack of profits warning the regulators must surely launch a full investigation. I have sent a letter.

---

23 days ago

TW does not understand the science and maths at Avacta so what do Evil Banksta and Jim Mellon say?

I exposed my first biotech fraud back in 1992, sinking its IPO, when most Avacta (AVCT) shareholders were still in short trousers and I’ve been writing about the sector ever since. My first lawyers letter from a biotech fraud I exposed came in 1994 my second in 1996. Most of my bearish articles are not about frauds but valuation. The issue with Avacta is just one of valuation. But, apparently, I do not understand the maths or the science say the “experts.” Why not ask someone who does? So I started with Jim Mellon who has made hundreds of millions of pounds in this sector.

---

24 days ago

Tom Winnifrith Bearcast: Joshua turns 10, congenital idiots turn on me and a victory lap as Cirata crashes, the FCA should be all over this

I discuss my son's birthday, Penblydd Hapus to him, Avacta (AVCT) and Blencowe Resources (BRES) and in detail why Cirata (CRTA) is such a dog's dinner and why I am going to the FCA about it tomorrow. I flag up that the AIM Awards shortlist is out HERE

---

24 days ago

Avacta: it’s a spoof says Evil Banksta add to shorts into the share price spike

Shares in Avacta (AVCT)  spiked to 81.5p, a market cap of £385 million on the back of a ramptastic RNS. But they are now slipping back and trade at 79p. The smart money, aka Liverpool’s Greatest numbers man since Ken Dodd, Mr Evil Banksta, used the spike to increase his short and here’s why. There are three reasons.

---

24 days ago

BREAKING: Farewell Oak Securities hello Crest Corporate Brokers, oily Jerry Keen & team jump ship

I spoke to Jerry Keen of Oak Securities earlier putting to him rumours of a career change which he scotched saying that there was a “rebranding” underway at Oak Securities the small cap broker he founded in 2024. Well up to a point “Oily”.

---

24 days ago

I try to be fair and show balance

Do not tell anyone but I am a fair man. I remain unconvinced by the investment case for Hydrogen Utopia (HUI) but to show balance I bring you broker research out today from Clear Capital. I can't say fairer than that.

---

24 days ago

Writing to Bluebird Mining Ventures & the FCA as the company tries to steal my warrants

I have today been told in writing that the warrants in Bluebird Mining Ventures (BMV) held by wife’s company, FIML, are to be cancelled tomorrow unless I ask for a review which I now have. Now the key element to these warrants is that they reprice and resize with every placing that Bluebird carries out and so they have material option value. This is quite simply theft

---

24 days ago

Amazing AI – Auditors Resignation letter in. Oh dear. What is being hidden?

The resignation letter from auditors Pointon Young for Paul Mathieson’s Amazing AI, now known as XXXX Holdings Ltd is in and is pretty damning.

---

24 days ago

GOTCHA: Blencowe’s Ralston axed after my FCA intervention and loses options but the company is still talking shit

On Monday Blencowe Resources (BRES) CEO Mike Ralson was “resigned” after it emerged that he had sold shares on 15 occasions in the past year without declaring it and had almost certainly committed insider dealing ahead of a placing in December 2025. But Blencowe allowed him to keep his options and said he would stay on as a consultant until his already agreed retirement date, almost certainly on an unchanged financial screw. I called this out on Monday and wrote to the FCA yesterday. Today Mike has been fired and lost his options. GOTCHA! But Blencowe still dissembles.

---

25 days ago

Tom Winnifrith Bearcast No 2: back to the 1970s

I start with base rates, oil and gold. Then it is Ariana (AAU), First Development (FDC) another Fatty Cornish advised abomination, Blencowe (BRES) and a shareholder base of congenital idiots and Pantheon (PANR), an utterly compelling short.

---

25 days ago

Dr. Jeevun Sandher MP celebrates wage growth – a new contender for dumbest Labour MP out there

I realise that it is a crowded field in the race to be the thickest Labour MP out there but I have a new contender, Dr Jeevun Sander who comments in the fact that average wages in the last quarter ( to June 30) rose by 3,.5%, ahead of inflation at 2.8%.  The good Dr went onto X to say:

---

25 days ago

Breaking: Stack BTC, Direct Bullion, Paul Withers and Nigel Farage, this is just so sleazy

Before anyone starts griping I voted Reform UK in the last Senedd elections and was delighted that Nigel Farage’s party won most votes here in Wrexham beating the IRA/Sinn Fein loving cottage burners of Plaid handsomely. So, I comment not as someone who wishes Farage ill fortune but just as someone who hates sleaze and, sadly, the Reform UK leader just keeps wading into it.

---

25 days ago

Amazing AI – Oooh Er Missus, what's this I see?

Well life is never dull over at Paul Mathieson’s Amazing AI, now known as xxxx Holdings Limited. You will recall that on June 6 Mathieson applied to have xxxx ( delisted since January 7) struck off at Companies House in a voluntary dissolution.

---

25 days ago

Expose: Africa Bitcoin Corporation and Guild Advisory: no prizes for due diligence here!

Oh dear, oh dear, more red faces at Guild Advisory, the firm that signs off on the jackanory press releases of AQSE bezzle Valereum (VLRM). This time it is the proposed dual listing on AQSE of South African listed African Bitcoin in Treasury play Africa Bitcoin Corporation. Here is the timeline of shame.

---

25 days ago

Tom Winnifrith Bearcast: a long chat with Harry Adams

I had a long conversation last night. There were all the problems you associate with poor telecoms in a country with a crumbling infrastructure. But despite the problems I face being in Wales I managed to have a good chat with the Kefi Gold & Copper (KEFI) boss who is out in Ethiopia.

---

25 days ago

Letter to the FCA: If you do not prosecute Mike Ralston of Blencowe, you admit you are useless

Yesterday, Blencowe Resources (BRES) allowed its CEO Mike Ralston to resign but to stay on as a consultant on a similar financial screw as it emerged that he had dumped millions of shares, more than two thirds of his holding in 15 undeclared trades over the past year. One trade was almost certainly insider dealing. I have written to my contact at the FCA.

---

26 days ago

Question for Ms. Frankie Davies of Baker McKenzie re Paul Mathieson

On Friday 4th September I received a laughably bad cease and desist letter from the firm of Quisumbing Torres, a Manilla based member of Baker McKenzie International which stated that if Paul Mathieson’s £10 billion claim went to the UK courts BM would be acting.


---

26 days ago

Tom Winnifrith bearcast: Crime pays

I start with Kefi Gold & Copper (KEFI), and then move on via Union Jack Oil (UJO) to the insider dealing total scandal at Blencowe Resources (BRES).

---

26 days ago

A stock to short from Sharestock

Last Friday Steve and I flagged up a BUY idea that came from the 2026 Sharestock. The one day event held at my house in Wales and where planning is already underway for 2027 as you can see HERE – also served up some cracking short ideas two of which we published on Friday. Here is one of them, it's from Liverpool's greatest numbers man since Ken Dodd, the 56 year old sole member of the Bexley Young Conservatives, Mr Evil Banksta

---

26 days ago

EXPOSE: Sealand Capital Galaxy Limited – HK/Cayman deal – utter nonsense on stilts

Sealand Capital Galaxy Limited (SCGL) has been exposed more times that Sidney Sweeney’s pert bottom on this website and others. It is absolutely drowning in red flags and today comes another, a supposed £12 million purchase of 60% of Finely Technology Holdings Limited. It is a stinker at every level.

---

26 days ago

Blencowe Resources – why is CEO Mike Ralston not in jail and instead being rewarded for his crimes?

This stinks to high heaven and is a major scandal yet nobody seems to care. Blencowe Resources is running on vapours and its three brokers ( Tavira, Cavendish and Oily Keen’s Oak) are clearly doing a placing for Blencowe (BRES). My cat can do the maths.

---

26 days ago

Is Union Jack breaching the 2018 Data Protection Act 2018 and thus committing a criminal offence?

Thanks to the “keyboard warriors” on this website we all know that under David “trougher” Bramhill Union Jack Oil (UJO) hired corporate spooks to spy on and prepare a dossier on some of its own shareholders as well as Fagash, myself and Fagash’s g/f. In gathering that information illegally and retaining it on record without notifying the victims Union Jack has committed a series offence opening itself up to a fine of up to £17.5 million or 4% of annual turnover.

---

27 days ago

Touchstone Exploration, the fake bid and the forgery: the FCA gets its man ( for once)

Credit where credit is due. For once the FCA seems to have got its man. Christopher Woolcott has pleaded guilty to 4 counts of fraud and forgery after creating a fake takeover bid for perma dog Touchstone Exploration (TXP), a company mired in numerous scandals exposed by this website

---

28 days ago

Tom Winnifrith Bearcast: Craig Howie (the City chap) vs Richard Jennings (the oik)

I compare and contrast the way they have behaved since ousting awful managers at Union Jack (UJO) and Kazera Global (KZG) respectively. There is some shocking news on both companies.

---

29 days ago

Tom Winnifrith Bearcast 3: Union Jack says its former board broke the law and then rewards them

The new board at Union Jack Oil (IJO) and its scumbag City advisors, notably the tossers at law firm Beechcrofts, have betrayed the shareholders.The Reabold (RBD) bid was doomed before this afternoon's circular from Union, it still is and Reabold shares will tank. But Union Jack's new board have shown themselves to be spinleless and have blown any goodwill they might have been shown. Crime should not pay. Transparency should not be a 4 letter word.

---

29 days ago

Video: silver to $330, gold to roar ahead

Trader and commentator Francis Hunt “The Market Sniper” says that a major reset is underway, so we should all aggressively accumulate gold and silver while nations like South Korea and Norway dump US treasuries and increase gold holdings.

---

29 days ago

Tom Winnifrith Bearcast No 2: Kefi

I start with the cross dressing lunatic pal of Clem Chambers behind "Baker Street Inv" then turn to today's statement and why I plan, ceteris paribus, to buy more shares in Kefi Gold & Copper (KEFI) shortly.

---

29 days ago

Victrex – a trading “ahead of prior guidance” Buy

Most recently on ‘high performance polymers’ company Victrex (VCT), in July with the shares rising above 650p on a positive trading statement we concluded including that there looked clear profit upside potential and a recovery and income Buy. What of now a “Pre-Close Trading Update” and the shares at 985p?

---

29 days ago

Tom Winnifrith Bearcast No 1: Worthless dog Futura could just be another New World and the same gents are involved

I do not think that Futura Medical (FUM) will bow up the system as New World Oil & Gas (NWO) did in 2015 but there is just a tiny chance. And amazingly it is the same enablers involved. Does nobody ever learn? I recall the events of 2015 and what is happening today.

---

29 days ago

Johnson Service Group – interims, “expect to deliver another year of progress” BUY

Textile rental and related services group Johnson Service (JSG) has announced its results for the first half of 2026 along with “expect to deliver another year of progress”. How do the results and outlook compare to the valuation at a current 134p share price?

---

29 days ago

Jeremy Corbyn on 9/11 and Islamophobia – I truly despise this man more than any other in Britain today

Today marks the 25th anniversary of 9/11 when Islamic jihadists from Al Qaeda hijacked planes and flew them into the twin towers in New York killing almost 3,000 people. It was an attack carried out by Muslims driven by their faith.

---

29 days ago

Futura Medical – how confident is it that folks will not welch on placing as shares collapse?

Is the £1.75 million fund raise announced by ED flop Futura Medical (FUM) on 3 September already …er….flopping? The placing price was 0.2p the shares now trade at 0.18p-0.2p so flipping is no longer possible. And 92% of the money is not actually in yet. Will spiv clients of the scholars and gentlemen at broker Turner Pope welch?

---

30 days ago

Brooks Macdonald – full-year results, still a value income Buy

UK wealth management group Brooks Macdonald (BRK) has announced its year ended 30th June 2026 results and that it presently anticipates current year financial performance “marginally ahead of current market expectations”. How do the latest results and outlook compare to the valuation at a 1555p share price?

---

30 days ago

Tom Winnifrith Bearcast: Tomorrow is 25 years since that awful day

I consider the grim anniversary of 9/11 then it is 80 Mile (80M), Ariana (AAU), THG (THG) -with a couple of GOTCHAs - and the Jim Mellon news for September 2027

---

30 days ago

Video: the AI pig and pork

Thus was a cause of contention at Sharestock. Lucian majored in on the industrial scale pig and pork fraud, aka circular financing, behind the AI Bubble, notably at Nvidia. Brian Kinane rather airily in my view, IMHO, dismissed this all.

---

30 days ago

Ceri Morgan CBE and the looming cash crisis at Invinty Energy

Batteries group Invinity Energy ( IES), a stockmarket abomination foisted on investors by the UK’s most conceited stockbroker Mr. Andrew Monk of VSA has today RNS’s the news that Ceri Morgan CBE, His Majesty's Trade Commissioner for Europe, visited the site of a partner company in Switzerland. Wow.

---

30 days ago

Microsalt – SPOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOF

MicroSalt (SALT)  is, as I pointed out most recently here, both running on vapours and guzzling cash. Today its shares have been suspended under the new Capital Access Regime rules which allows a temporary share suspension at a company’s request ahead of a placing as it tries to get away a $1 million placing. Natch the RNS comes with a monster spoof.


---

30 days ago

Medpal AI – hiring this NED is like asking Gary Glitter to monitor the child minders

A Non Executive Director is meant to be a person of independent means and integrity who will hold executive directors to account. What is Jason Drummond, advised by evil PR genius Councillor Bick thinking as Medpal AI (MPAL) has just hired a new NED. Even the great Councillor Bick cannot polish this turd.

---

30 days ago

Photo Article from the Welsh Hovel - batch 2 of apple juice

2/3 of this batch were the red apples from the top orchard planted by me and the trees I planted by the river. The remainder were from the older orchard by the river, slightly less sweet but still fantastic. The blue machine is a scratter which turns the apples into a pulp which we then press and bottle.

---

30 days ago

Photo Article from the Welsh Hovel - those aren't cherries

As you walk down the lane to the Welsh Hovel you look up at our vegetable patch and there is indeed a line of cherry trees. But the cherries are long gone. Little Jaya seemed a bit confused then by all the red dots on the biggest tree there as we walked back from school yesterday

---

31 days ago

Tom Winnifrith Bearcast: Evil's wise words and RentGuarantor

I start with things you can't say or shouldn't say and Kefi Gold & Copper (KEFI)and a personal matter for me, then it is Medpal AI (MPAL) and finally Evil Knievil's wise words and another reason why RentGuarantor (RGG) is a short. Finally a few words about Sharestock 2027. The date is September 4 2027 and early bird/cheap rate booking is now open HERE

---

31 days ago

EXPOSE: 80 Mile: another red flag, the x promotion by paid rampers

Yesterday I discussed why investors in 80 Mile (80M) should be alarmed  by the, unannounced, resignation of broker Zeus and should run a mile from the all share takeover by Nasdaq listed spoof Greenland Resources. It gets worse.

---

31 days ago

Video: Imminent Financial Collapse, Money Printing & Gold

Legendary Contrarian Investor and Publisher of the Gloom, Boom, & Doom Report Marc Faber says there is unprecedented complexity facing economists and investors today, driven by a confluence of dismal fiscal situations in Western democracies, geopolitical tensions, and the central role of central banks in financing massive deficits.

---

31 days ago

These lefties just do not seem to understand tax & why we should ALL move to Greece

Yesterday, I explained HERE why it was not just billionaire hedgies but normal folk like me who were far better off moving to Greece. The reaction from some demented lefties on X says it all. The UK has lost the plot. Essentially they want folks like me going away. @chippychippyz says:


---

31 days ago

More Reabold dirty tricks with scaremongering & misleading RNS as its Union Jack bid flops

On Friday we will get another update on the level of acceptances for Reabold Resources (RBD) doomed bid for Union Jack Oil (UJO). I fully expect almost nobody has accepted the (crap) offer since last Friday when acceptances were just 5.7%. Friday will also see the new board at Union Jack publish a circular explaining why folks should reject the offer. So today Reabold has played a dirty trick

---

31 days ago

MedPal AI serves up another strong revenue update but nothing on cash and a new LTIP award for greedy CEO Drummond

On 7 September MedPal AI (MPAL) issued a RNS announcing some very strong revenue growth. But aren’t sales just vanity, what about cash?

---

31 days ago

Petra Diamonds – the most slam dunk sell in London, bet the ranch on it going to 0p

The first time I wrote a bearish piece on Petra Diamonds (PDL)  was when it joined AIM back in 1997 So 29 years later, I remain a bear and as we enter the final stretch I finally see victory in sight.  The reason why Petra will go bust today is NOT the reason that I was a bear back in 1997.

---

32 days ago

Tom Winnifrith bearcast: the maths on why we should ALL move to Greece and a wholly bogus $144m profit reported on AIM

I follow up on my earlier piece on Chris Rokos moving to Greece by explaining why we should all move to Greece. I look at how new sanctions on Israel will backfire badly costing thousands of British jobs and finally the most bogus profit in the history of AIM at Tek Capital (TEK) as it tries a desperate pre-place ramp.

---

32 days ago

Does Baker McKenzie really condemn antisemitism or does it condone it by acting for those who weaponise it?

In 2021 Law giant Baker Mckenzie signed a declaration by several big law firms to rid the world of the evil of anti semitism. The words were strong as you can see below but words are one thing.

---

32 days ago

I think folks are being unfair regarding Kefi and immediate updates

I stand by my decision to buy more shares in Kefi Gold & Copper (KEFI) yesterday BECAUSE there was blood on the street. Time will tell whether I was brave and right and following a clear logic or whether I was just a fool. But this morning demands come in by email and I see similar demands on BBs saying that old ‘arry Adams is failing shareholders in mot providing an RNS update. As you know I will criticise ‘arry when I feel it is right to do so but on this matter folks are 100% wrong.

---

32 days ago

Optibiotix – here’s one it made earlier, and it wonders why nobody believes a word it says

Today Optibiotix (OPTI) has updated investors on progress of its Sweetbiotix product. Suffice to sat it is all sugar free jam tomorrow. In case you doubted that, I remind you of events back in September 2020, 6 years ago.

---

32 days ago

GOTCHA! 80 Mile “merger” with Greenland Energy – it doesn’t admit that its broker quit

What 80 Mile PLC (80M) is NOT telling you in today’s RNS is that its joint broker Zeus has quit. That is not because of today’s joke all paper merger with Nasdaq dog Greenland Resources but because of a series of regulatory failings not least the recentplacing scandal that the FCA and AIM Regulation are all over. It is not obliged to announce a broker resignation but I thought you should know. As to the deal… it’s a total rum ‘n’ coke

---

32 days ago

Chris Rokos flees to Greece – another golden egg laying goose goes

Last year hedge fund manager Chris Rokos paid £330 million in UK income tax making him the 3rd largest payer of income tax in the country. The tax he paid is equivalent to that paid by c12,000 folks earning £100,000 a year or 52,000 folks earning £35,000 a year. But he is off to Greece and why aren’t we all following?

---

33 days ago

EXPOSE: Bluebird – discounted placing ahoy, bonkers acquisition is a related party stinker and making no sense at all

Bluebird (BMV) has today announced that it has paid £75,000 in cash for a 120 day option to buy El Alamo Resources Ltd for £250,000 – with more payments depending on progress. This stinks to high heaven.

---

33 days ago

Video: gold to $15,000

Author and investor Don Durrett is not sitting on the fence.

---

33 days ago

When cowards flinch and traitors sneer…I have been brave and bought

Rothschild was asked why he was buying when there was blood on the streets. He answered that he was buying because there was blood on the streets and that had made everyone panic.  My friend and broker, the Dinosaur, and others think I’m foolish. I think I am brave but that my bravery is founded on solid logic. We shall see.

---

33 days ago

Staffline: Conflict of Interest?

I have been made aware that a number of shareholders in Staffline (STAF) want the recruitment agency to do a share buy back. But…..

---

33 days ago

Tom Winnifrith Bearcast: Kefi

I discuss what distracted me this morning and then the news from Kefi Gold & Copper (KEFI)

---

34 days ago

Tom Winnifrith Bearcast: reflections on Sharestock included a buy and sell idea from the speakers

The Mrs says she will be a running another event next September 4 so put the date in your diary. The threatened drone attacks and presence of Pail Mathieson and his advisors did not materialise.  He was not mentioned at all. I reflect on what did happen.

---

34 days ago

Paul Mathieson continues to threaten Tom Winnifrith: another charming email

As you can see on the comments section Mr Mathieson is not letting up. And he has sent me another charming email. Another one for the Police. This may not be a death threat but can anyone explain why this is not harassment?

---

36 days ago

Tom Winnifrith bearcast: what a week!

I start with Union Jack (UJO) and also the latest AIM Casino scandal, Tooru (TOO) before reflecting on a crazy week, the death threat, dealing with the Police and a - comical - letter received today.

---

36 days ago

Letter to AIM Regulation – Apparent Closed Period dealings at Tooru

Earlier today I flagged up what appears to be a breach of closed period share dealings by the CEO of Tooru (TOO) a company listed on the AIM Casino and advised by London’s worst Nomad, Mr Roland “Fatty” Cornish. I have written to the Oxymorons at AIM Regulation.

---

36 days ago

RentGuarantor Holdings – Letter to Financial Reporting Council, please launch investigation

It must be all of one week since I last reported a company to my good pals at the FRC asking that they investigate its books.  Following the two articles yesterday HERE and HERE I have dropped my good pals a note suggesting that they have an urgent butchers’ with regard to both revenue recognition and credit risk

---

36 days ago

Union Jack Reabold offer – not a single shareholder has accepted the offer in the past seven days, its DOOMED

If the Takeover Panel were not such complete bellends it would be demanding that the new Craig Howie led management at Union Jack send a letter to its poor shareholders stating why the new board think that the piss poor offer from Reabold (RBD) is such an awful one. But it seems that there has not even been an RNS. But maybe Union shareholders are not so dumb after all?

---

36 days ago

Tooru – those share trades look very peculiar, a case for Roland "fatty" Cornish to consider before elevenses?

On 21 August 2026, S Ventures PLC sold down, according to a TR1 published on 24 August, its holding in AIM Casino listed Tooru PLC (TOO) from 24.04% to 19.08%. That was a good call because on 3 September the company published pretty shite interims. Now here is the odd thing.

---

36 days ago

Cancel Sharestock tonight or you will be sued for £10 billion threatens Paul Mathieson, followed by what seems like a death threat

Sharestock is owned by my wife who is its sole employee. It and she have never commented on Mr. Paul Mathieson. But Mr. Mathieson does not like what I write and so last November announced that the firm of Rosenblatts would be suing me for £10 billion. Rosenblatts subsequently resigned after Mr. Mathieson tweeted that he wished my mother had committed suicide earlier than she did.  Tonight he made a new threat

---

37 days ago

Tom Winnifrith Bearcast: smelling of fish again!

I start with preparations for Saturday. As you can see below the tents are up. And despite the numerous threats to the business and employer of my poor wife, it will go ahead. To that end I am today baking like a dervish with J&J and have just put the first of four enormous salmon in the oven Manhandling the beasty leaves me slightly whiffy. After that I look at RentGuarantor (RGG) , Jet2 (JET2) and what its body blow departure says about AIM, about AIM, Coastal Africa (CAGL) and Crest Nicholson (CRST) and the wider housebuilding sector. I also cover Kazera Global (KZG) with its shares suspended I heap more praise on the increasingly conceited City’s second most hated man, Richard Jennings

---

37 days ago

EXPOSE: RentGuarantor Holdings – material non-compliance with IFRS on disclosure of credit risk

In my previous article earlier today I raised the issue of whether RentGuarantor (RGG) was recognising revenue too early in respect of its annual guarantee contracts whereby it is recognising them on issue of the contract as opposed to over the duration of the contract. This is very significant especially for a group which in its last annual report cited a gross margin of more than 79% on revenues.

---

37 days ago

Futura Medical – discount placing for financial masochists only

Raising £1.6 million at just 0.2p for Futura Medical (FUM) will be good news for the scholars and gentlemen at brokers Turner Pope. 5% commission and oodles of warrants on top. Lovely Jubbly. Coke &hookers all round. But…

---

37 days ago

Amaroq fails to make the FTSE 250 cut – I blame Donald Trump & Kevin Warsh

The former ramped up hostilities in Iran over the weekend so spiking crude creating a fear that base rates would have to be hiked to combat oil price driven inflation. The latter suggested rates might go up to combat inflation so from Friday to Tuesday night gold tanked and Amaroq (AMRQ) shares fell back.

---

37 days ago

EXPOSE: Now there is something else material 80 Mile is hiding!

The FCA, AIM Regulation and everybody who cares about market integrity should be all over 80 Mile PLC (80M) over the way investors were duped about lack of drilling permits ahead of the July placing as exposed HERE. But 80 Mile is now, I can reveal, hiding another bombshell.

---

37 days ago

EXPOSE: £153m AIM darling RentGuarantor Holdings is its revenue recognition wildly over aggressive?

RentGuarantor Holdings (RGG) is a star performing darling of AIM. Its shares have whooshed to95p since transferring from the ASQE lobster pot on 15 August 2025. At £153 million it is valued on 11 times sales. Not profits but sales! But hang on vicar, about those recorded sales….

---

37 days ago

EXPOSE: Coastal Africa quite simply lied to investors about the CEO's £1m IOU – a £218 million scandal on AIM

How is it acceptable for a company to tell a slam dunk lie with your first RNS and for nobody among the Oxymorons at AIM Regulation or at Nomad SP Angel of the MySquar fraud infamy to give a rats arse? I refer to Coastal Africa Group Limited (CAGL) which listed on June 10 and lied immediately stating:

---

37 days ago

Rosenblatts and Paul Mathieson who do you think is telling porkies: I have an email!

Yesterday I revealed that Rosenblatts had some time ago quit as lawyers to Paul Mathieson. Mathieson announced  via RNS in November last year that the firm led by Ian Rosenblatt OBE was to act for him in suing me for £10 billion. Mathieson stated in our comments section that I was lying:

---

38 days ago

Tom Winnifrith Bearcast: gold, Amaroq and now my teenage son suffers targeted harassment

I start with that harassment by you know who, who has also again targeted my wife. Then it is gold and Amaroq (AMRQ).

---

38 days ago

BREAKING: Sharestock Speaker Threatened & Rosenblatts bombshell

As part of his campaign to destroy my wife’s Sharestock business, Paul Mathieson has overnight contacted at least one speaker threatening him with dire consequences if he did not withdraw. Specifically, the warning from Mathieson was:


---

38 days ago

Quantum Blockchain: that is why they call me mystic meg

On 18th August Quantum Blockchain (QBT) issued a spurious ramptastic release which I predicted was an attempted pump at 0.33p and that, running on vapours , a dump would follow. Sure enough…

---

38 days ago

Is Richard Jennings the best value CEO in London? Shares zooming!

As a reminder, the City’s second most hated man is paid just £25,000 a year to run Kazera Global (KZG) and he gives 80% of that to charities looking after abandoned cats. So Jennings is working for just £417 a month. And under his stewardship shares in Kazera have almost trebled in just five months and at 2.025p could still be cheap – the broker note below published after today’s news values the shares at 6p.

---

38 days ago

Alessandro Zamboni’s Nuburu – yet another reverse stock split

On 31 August Nuburu (US:BURU) announced a 1 for 40 reverse stock split or consolidation as we call it in the UK.  The intention is to boost the share price of Nuburu stock such that it trades above 10 cents on the OTC Markets.  The move it’s a prelude to assisting its relisting on the NYSE American Exchange:

---

38 days ago

BREAKING: Paul Mathieson tries to get Sharestock shut down by Palestinian activists

I am a Zionist. I do not hide it. I write about the evils of anti semitism, about the holocaust and also my support for the Jewish state. I am proud to stand with my Jewish friends. That should be allowed. Some folks might assume I am Jewish. I am not. But the Palestine Solidarity Campaign, the UK’s largest activist group might think that as Paul Mathieson, who tweeted that he wished my mum had killed herself earlier than she did, when I was 8, has gone into action to destroy my wife’s business, Sharestock.

---

38 days ago

EXPOSE: Headlam and Ashley, the worst insider dealer in history!

Yesterday shares in floor coverings group Headlam (HEAD) were suspended and the company admitted that it was intending to appoint administrators. It is game over for shareholders who ignored numerous warnings from myself and Steve as they will lose everything. Now wind back to last week and meet Ashley.

---

39 days ago

Sharestock Saturday - final urgent notices

Sometimes I could throttle my pal in the socialist second world woke hellhole that is Canada. Anyhow, just in case there is something missing in your email inbox, a few URGENT points for those who have booked to attend Sharestock

---

39 days ago

Should you buy shares in Sutton Harbour: the Euroloon has a warning or two

Sutton Harbour (SUH) is to delist from AIM sell all its properties and then return net proceeds to shareholders. Its last stated net assets were £19 million. At 2p the market cap is £2.86 million. I asked on Friday if this was a bargain and our favourite property guru, the Euroloon Jonathan Price has the answer.

---

39 days ago

Tom Winnifrith Bearcast: smelling of fish

I discuss salmon, the ones I held today and the ones the champagne socialist of the year Brian Basham is now heading to pursue in his tweeds. I look at the gold price, Amaroq (AMRQ), Kefi Gold & Copper (KEFI), Headlam (HEAD) and Futura Medical (FUM) as well as the new Tory pin up boy Andrew Griffiths and whether being a FTSE 100 super manager makes you clued up on what SME's need.

---

39 days ago

What happened in just 3 months at AIM Casino bad boy Exchange XR? Who was asleep at the wheel?

Today Exchange XR (EXR) – formerly known as VR education - has announced that its shares have been suspended at 0.225p and that “the board has unfortunately determined that it needs to proceed with a court approved liquidation in accordance with Irish Law. It is currently not expected that this process would provide any return for shareholders.”  Post mortem vicar?

---

39 days ago

Futura Medical : does the Fat Lady want some unsold WSD4000 – just 5 weeks cash left

Oh dear Oh dear. Futura Medical (FUM) can waffle on about the joys of its ED product Eroxon or its product to stimulate the ladies, WSD4000, but folks are just not buying it. Half calendar year numbers are out today and although Futura hides just how bad its cash position is, its Nomad, the fragrant Emma Earl at Panmure, has forced it to fess that it will be out of moolah by early October.

---

39 days ago

BREAKING: Double harassment in the post box, does my wife deserve this?

I am not accusing any one individual of this but it is a ratcheting up of the level of  harassment of myself and my family ahead of Sharestock on Saturday 5th at my home. These two missives arrived in the post on Saturday but were only opened on Monday.

---

40 days ago

Video: Imminent Financial Repression, Decade-Long Bear-Market for Bonds so buy Gold

Analyst Mario Innecco presents a compelling case that we are in the early stages of a secular bull market for commodities, driven by decades of underinvestment and a historic reversal in the bond market. He argues that the 40-year bull market in bonds, which began in 1981, is definitively over, and this shift will fundamentally reallocate capital toward hard assets like gold, silver, and other commodities.

---

40 days ago

Tom Winnifrith Bearcast: tomorrow is 13 years since my big day, it's Amaroq's big day, crabapples & newspapers

I start with that celebration and thinking back on 5 guests. Then Amaroq (AMRQ) and the FTSE 250 then crabapple jelly making and newspapers and how rapidly the world is changing. Some is predictable ( the death of the printed MSM), others not so, what does that mean for earnings visibility?

---

41 days ago

Roundhouse AI Limited – a new AIM admission to avoid like the plague

If the name sounds familiar that was because it was formerly called Roundhouse Digital Limited.  The name change reflects its pivot from the previous hot sector of crypto to the current hot sector of artificial intelligence.  Michael Edwards and his daughter Olivia Edwards were both previously directors and the Chairman is Matthew Lodge also involved at Satsuma Technology (SATS) and previously King Tide Carbon, the curing global warming with seaweed enterprise,  which had a tie up with pot play Cellular Goods.

---

41 days ago

I’m not sure about her maths but Jo Hart picks Amaroq as 1 of 6 stocks to turbocharge your portfolio

My old pal Ms. Hart has a special feature in today’s Mail on Sunday.on six stocks to “turbocharge your portfolio”. I will not deprive the wretched Mail by revealing the other 5 but one is Amaroq(AMRQ). Natch any endorsement is welcome but I am not sure about Ms. Hart’s maths.

---

41 days ago

There is no pleasing some folks

First Paul Mathieson insisted that Sharestock tickets bought for his lawyers at Rosenblatt’s had not been sent. They had been. On August 3rd. Then he demanded the non transferable tickets be sent to him to give to “other friends” then, when it was pointed out that tickets are not transferable, he said his lawyers were coming after all and asked that I book them in for two suppers. Now within the space of 24 hours he is threatening to ruin my wife’s life in emails sent to me and her as he does not want his lawyers coming after all

---

42 days ago

Is Scancell a ten bagger?

I have always been a bear and I am too old and tired to change my ways now. But reader J insists that I am wrong and flourishes the research note below from a key shareholder in Scancell (SCLP) which makes the bull case. As a believer in free speech I am happy to platform both sides of the debate. Enjoy

---

42 days ago

Tom Winnifrith Bearcast: is the great gold run collapsing?

I start with a fee tweaks to the lineup at Sharestock and then consider gold's 3% fall on Friday asking if the bull run is over and what long term average gold price would you use.

---

42 days ago

A recovery Buy for a safe 30% gain

With shares here now again available to buy at 388p (380p when this was first published) having been above 500p early this year and it stating recent performance impacted by temporary operational challenges with “positive net pricing and benefits of structural cost reductions”, the half-year results here suggest share price recovery potential for the patient investor and there’s also dividends whilst waiting.

---

42 days ago

UPDATED: He’s back – this is surreal

Yup Paul Mathieson of Amazing AI (AAI), the man who weaponized the suicide of my mother, is again sending email to my poor wife about Sharestock. This borders on harassment. Mathieson himself accepts that he has been refunded so cannot attend. But two lawyers at Rosenblatts for whom he bought tickets can attend.

---

43 days ago

Tom Winnifrith Bearcast: 2 special situation buys considered and what is Craig Howie waiting for at Union Jack?

I start on the weather and 1976 then Union Jack Oil (UJO) before looking at Jarvis Securities (JIM) and Sutton Harbour (SUH)

---

43 days ago

GenIP results are terrible, cash crisis imminent and so many red flags including an AIM shamed Tory Lord - target 0p

GenIP (GNIP) listed on the AIM Casino in October 2024 at 39p thanks to a fund raise from the scumbags at Novum ( now part of AlbR).  After half calendar year results out thus morning the shares are just 2.85p. Right from the get go, myself and Liverpool’s greatest numbers man since Ken Dodd, Mr. Evil Banksta, have repeatedly warned this would be a disaster as you can see HERE. This has 0p written all over it and here’s why.

---

43 days ago

Eden Research: Letter to the FRC and AIM Regulation: 3 dodgy accounting strikes and you are out?

Over the years I have reported Eden Research (EDEN) and some of the chancers who ran it to numerous regulators, including the FSA ( the equally useless forerunner of the FCA), AIM Regulation and the Financial Reporting Council. As a result of my efforts, The FSA did twice slam the former managers at Eden. The FRC has twice slammed the current managers at Eden. So, it is not pointless. I have written again

---

43 days ago

Video: ‘Screaming Indicators’ For Gold’s Rise & Generational Wealth Creation

Author and asset manager Matthew Piepenburg argues that despite 2026 volatility, including war, a historic gold correction, and US government debt surpassing $40 trillion, the secular gold bull market remains in its early chapters. He sees shakeouts and price interventions as features, not an end, and believes conditions today are stronger than the 1970s run, driven by $265 trillion global debt, negative real rates, and currency debasement.

---

43 days ago

Bluebird Mining: it never rains but it pours, Mitch Tarr to go legal

Running on vapours, under FCA Investigation for misleading investors, its CEO Sath Ganesarajah facing Richard Jennings in Court next Friday with the City’s second most hated man suing for a financially ruinous sum, things are likely to get worse on Wednesday with a second legal claim. Mitch Tarr is on the warpath.

---

44 days ago

Eden Research – revisiting the TerpeneTech data transactions.

I showed in my expose yesterday that Eden Research (EDEN) had booked a significant sale of £434,783 representing over 10% of its revenues for the 15 months ended 31 March 2026 to a related party namely TerpeneTech which it classifies as an associate because it considers that it exerts significant influence over that entity.  I also raised concerns about TerpeneTech’s ability to pay for that in light of almost continual losses in recent years and negative net current assets as shown in the Eden accounts. I have some very real concerns about the probity of this transaction.   In this Note I look at guidance for auditors on the topic of fraud. 

---

44 days ago

Tom Winnifrith Bearcast: And the stock I bought more of today is Kefi

I start with some Sharestock logistics and a speaker change. Then what is really happening in Ukraine. Finally I thought about three stocks I already own but today's pension pay day purchase was Kefi Gold & Copper (KEFI) and I explain why.

---

44 days ago

Capital Limited – interims, positive trading from a winning share tip

Mining services company Capital (CAPD) has announced its results for the first half of the 2026 calendar year including emphasising “on the back of a strong H1, we are pleased to announce an increase in our 2026 group revenue guidance to $430-$450 million (from $410-$440 million)”. What’s the outlook for the valuation from a 112p share price?

---

44 days ago

Video: The Next Financial Crisis could start any day, ‘Perfect Storm’ For Commodities & Mining Discoveries

Author and asset manager Willem Middelkoop asserts that the “big reset” of the global financial system, a thesis he developed over a decade ago, is now unfolding in real time.

---

44 days ago

EXPOSE: a Mining Guru exposes the Valereum nonsense today

Before turning to today’s disgraceful RNS from Valereum (VLRM) which makes a mockery of the idea that AQSE is in any way regulated, I flag up an RNS late last night from the same company.

---

44 days ago

Graham Duncan joins Pri0r1ty Intelligence – the CV from hell

I have been a perma bear of Pri0r1ty Intelligence (PR1) notwithstanding the fact that its chairman Marcus Yeoman is a pal of mine. It is a cash guzzling dog as are almost all clients of London’s worst Nomad, Roland “fatty” Cornish. It has not one but three (bucket shop) brokers showing that whatever it says on the tin, its main business is the issuance of shares. And now it has a new interim CFO Graham Duncan. The name should ring a bell.

---

44 days ago

Andrada Mining – was there a bid at 6p per share?

A City source has been on the blower, noting that shares in Andrada Mining (ATM) have rocketed from 3.75p to 6.3p over the past six weeks.

---

45 days ago

Restore plc – interims, a “strong H1 performance” and “confident” for the full-year value

Data and information storage and services company Restore plc (RST) has announced its half-year 2026 results headlined “Strong H1 performance with revenue up 21% and adjusted EPS up 24%; confident of delivering full year result at least in line with market expectations”. How strong is that relative to a 288p share price, £387.7 million market capitalisation?

---

45 days ago

Tom Winnifrith Bearcast: considering 23 years of damning regulatory failure, Eden & Georgina

I commend today's expose on Eden Research (EDEN) and then discuss its 23 years of shame and similar themes with Georgina Energy (GEX) which really should update us all on its RNS announced reporting of me to the FCA two years ago!

---

45 days ago

MAJOR EXPOSE: Eden Research poor results but the scandal is another Terpenetech accounting scam & more

Twice in the past Eden Research (EDEN) has fooled investors by reporting bogus revenues with, now 29.99% thanks to a Panama pump fraud, owned Terpenetech. And the FRC has slated it for this. Guess what? It has done it again. I shall be contacting my good pals at the Financial Reporting Council once more!

---

45 days ago

Microsalt at 16p: when’s is the emergency placing? Shall we say 8p vicar?

Microsalt (SALT), as I have warned both you and the FCA in recent months is almost out of cash and unless it gets a placing away soon it faces an Autumnul gig with the Fat Lady.  The shares have collapsed to just 16p so I reckon it would be lucky to get an issue away at 8p. It needs to happen soon. The maths are stark.

---

45 days ago

Sundae Bar AI – and they call him Mystic Meg!

Sundae Bar AI (SBAR) is an abomination that should never have been listed by a cast of scumbags, on the AIM Casino, in the first place. It will, I predict, never ever make a profit and my end game target is 0p. Writing on 6 August HERE I noted:

---

45 days ago

Smarter Web: the sacked prat Jesse Myers lashes out

Yesterday Smarter Web Company (SWC) announced with some good  grace that it was parting company with its chief bitcoin officer Jesse Myers. The prat hit back late in the day with a long post on X which you can see below. It is now clear that he did not jump but was pushed. Quite right, Myers has cost the company tens of millions of pounds.

---

45 days ago

Photo Article from the Welsh Hovel: getting in the booze for Evil Banksta

He is a thirsty fellow as are a number of others attending Sharestock on September 5. So I am at that time of year where every evening is a run into Wrexham to buy supplies or a stint in the kitchen cooking for the day. As you can see below...

---

46 days ago

Tom Winnifrith Bearcast: where should I put my pension pay day money?

I start with a few thoughts on Union Jack Oil (UJO) and then consider which shares I should be buying on Thursday. I explain the 4 runners and riders.

---

46 days ago

WeCap: dismal results from investee company We Shop make it a true morons only stock

AQSE listed WeCap (WCAP), a company pumped so disgracefully by Zak Mir and others, sees its shares now down to a mid-price of 0.285 pence valuing the company at £1.35 million well down on the 1.85 pence share price at peak ramp. Folks cannot say that I did not warn them…

---

46 days ago

Hemogenyx: SMTM (or lack of it)

I have been a long term critic of both Hemogenyx (HEMO) and of its directors, the pompous arse Vlad Sandler and 214 year old Peter Redmond. The shares were pumped to highs of 1153p earlier thus year allowing a funding at 800p. But I’ve been doing the Winni-maths and Vlad and Pete (should that be Pete & Dud*?) should SMTM, or rather lack of it and ‘fess up to when the next placing is needed.

---

46 days ago

Indigo Capital death spiral and BSF: chance of a TR1? Cue mentions of West Ham and Cheryl Cole

According to an RNS today, dodgy death spiral provider Indigo Capital is now the owner of 10 million new shares in Frankenstein meat company BSF Enterprise (BSFA) following the conversion of £100,283 of loan notes. That is just under 5% of the equity so a TR1 is being prepared. Bollocks there is. There is more chance of me shagging Cheryl Cole & West Ham winning both the Championship and the FA Cup this season than of that. For, as of today, I suggest, Indigo owns no shares.

---

46 days ago

The curse of the Sheriff: Jesse Myers out at Smarter Web

Oh dear, oh dear. The history of those PLC executives who take to twitter to diss the Sheriff is not a happy man. Step forward Jesse Myers, until next Monday the head of bitcoin strategy at The Smarter Web Company (SWC).

---

46 days ago

Worthington fraud update, beer and popcorn in January

I am grateful to reader BuriedTreasure for flagging up that shares in Worthington (WRN), a fraud this website exposed at some (legal) cost as Aiden Earley injuncted me in absentia and then failed to stop me getting that injunction lifted, are still marked as suspended by the FCA after 12 years. Why is that?

---

46 days ago

He "detests" Tom Winnifrith – what is it with David Bramhill and lawyers?

I  am told by a man who was at the EGM/AGM that Union Jack’s (UJO) lawyer at Keystone Law “detests you.” Given Keystone’s role in this sordid matter and my role in ousting and exposing David Bramhill I take that as a compliment. I do not detest the Keystone scumbag, but I despise him for what Craig Howie will be starting to discover today is just how much shareholder money Bramhill spent over the years on lawyers and others to harass, bully and menace shareholders and myself as a journalist.

---

46 days ago

Quantum Data Energy - when will the shares be restored to trading?

On 5 August 2026, Quantum Data Energy (QDE) stated that following the much delayed publication of its results for the year ended 31 December 2025 that it was in the process of applying to the Financial Conduct Authority to restore its shares to trading, yet they remain suspended.

---

47 days ago

UPDATED with now-finalised number of times selected: The Great British Takeover stakes competition leading picks ('The Takeover 12')...

Tom Winnifrith launched the Great British Takeover stakes prize competition HERE. The following are the leading picks (4+ selections) that you think will be bid for. I shall monitor the performance of 'The Takeover 12' vs the FTSE 100 and FTSE All-Share until we have a contest winner. So far, so bad!

---

47 days ago

Union Jack Oil, fagash and back of a fag packet SMTM

At today’s AGM new Union Jack Oil (UJO) head honcho Craig Howie checked with the company secretary and answered my question: “yes we do have cash”. But how much? And is it net cash? Peter “Fagash” Brailey and I have just chatted and here is some Winni-maths.

---

47 days ago

Tom Winnifrith Bearcast No2: The Union Jack AGM

The David Bramhill gang was humiliated and trougher himself put in a no show. But 2 sets of lawyers left me with profound disquiet. Will Craig Howie grow a pair and stand up to them or is a cover up of past greed and crimes underway?

---

47 days ago

Video: Frisby vs Macleod, fiat will be dead in 18 months

Gold and bitcoin bull Dominic Frisby meets gold mega bull Alasdair Macleod. Enjoy

---

47 days ago

Tom Winnifrith Bearcast No 1: SMTM

I am shortly off to the Union Jack Oil (UJO) EGM and AGM and to a Mouse shop. Ahead of that a few thoughts on Golden Prospect (GPM) and on London Bitcoin Company (BTC).

---

47 days ago

Blackbird: White’s out time!

30 years without a profit. More than two decades of that on the AIM casino and Blackbird (BiRD) really is in last chance saloon. As I have noted many times before its fundamental problem is that customers do not want to pony up for its technology in a material way. For any business that is a fundamental flaw. It said in May that it had “no current plans” to raise cash but my Winnmaths tells me that it will run out if money in H1 2027. And having to do yet another bailout placing would surely demand that a head needs to roll after that May non denial denial.

---

47 days ago

Warwick School paedophile Paul Stainsby finally in Court September 1

But will Stainsby face justice for his crimes at Warwick? The monster is already inside for sex crimes against young boys and one girl committed before he darkened the doors of my old school. But facing a dozen charges involving five boys Stainsby has played the Ernest Saunders card arguing that due to cognitive decline he is not fit to stand trial. Thrice he has appeared in Court making that claim. But on September 1 the games stop at Warwick Crown Court.

---

48 days ago

Tom Winnifrith bearcast: I'm not interested in silver

The day begins at 4 AM tomorrow so I can't guarantee when the articles will flow. It is Union Jack Oil (UJO) day and I'm off to London. Ahead of that I discuss why I am not wowed by silver as opposed to gold and my stock specific errors from the last gold run and what I'm not repeating them.

---

48 days ago

Video: 'Nuclear Event’ Hitting US Markets, dollar must crash & Silver ‘Most Explosive’ Upside

Michael Oliver may be a chartist but he called the 1987 crash so he’s not always wrong.

---

48 days ago

Aptamer & Turner Pope: tell me this does not stink?

The big scandal at biotech dog Aptamer (APTA) is how management have been handed options giving them, potentially, 25% of the equity at just 0.1p in a structure agreed when it was doing a placing at 0.6p c/o the scholars and gentlemen at Turner Pope. I outlined why this is grotesque and smells worse that Neill Ricketts' collection of used Gloucester Rugby Club jockstraps HERE. But there is worse.

---

49 days ago

Tom Winnifrith Bearcast: will Bramhill chicken out on Monday and with gold, like Sir Arthur, the past scars me

I start on the apple harvest here at the Welsh Hovel then it is Union Jack Oil (UJO) and has Bramhill got the cojones to turn up on Monday. Finally gold.

---

50 days ago

Tom Winnifrith Bearcast - attack of the killer cows

I start with this morning's bovine excitement. Then it is gold and Golden Prospect (GPM)  and then onto NEDS, Union Jack (UJO), Satsuma (SATS) and other case studies. Finally I look at Trevor Brown's uninvestable dog Truetide (TRUE) as it hops on the AI bandwagon.

---

50 days ago

Photo article from the Welsh Hovel: attack of the nine cows

You may remember a couple of years ago how I was forced into the nettles and almost into the River Dee by a herd of cows so I am a tad nervous of the animals. You can therefore imagine my horror this morning to see a herd of nine wandering through the farmyard and up into my garden, as you can see below.

---

50 days ago

Video: Why The Stock Market Will ‘Blow-off Top’ Next Quarter and the next Recession will be Worse Than 2008

Economist Henrik Zeberg says that the equity rally is entering its final phase, with a major market top likely within the next quarter. He warns this will not be an ordinary correction but a significant downturn, driven by a weakening US economy that many market participants have yet to recognize. He argues that the consumer is in a particularly fragile state, with depleted savings, rising credit card delinquencies, and housing affordability at crisis levels, all pointing to an imminent economic rollover.

---

50 days ago

And you thought Angela Rayner was the thickest MP in Westminster…meet Jonathan Brash

He is the Labour MP for Hartlepool. Naturally his career before politics was in the lanyard wearing classes. He was a teacher, of psychology, albeit at one of those evil fee paying schools that his party has done such great work on closing down. On his website he boasts of running a business. Well up to a point.

---

50 days ago

Satsuma – it is all in the timing ( or lack of it)

Few things have filled me with more disgust than events this year at Satsuma (SATS) where I am, of course, a loyal shareholder. The company has now committed to cutting its costs back to the bone, delisting and returning most of its cash to shareholders. Having bought its bitcoin at the top it goes without selling that its sold its bitcoin on July 31 , i.e before the recent sharp rally. Timing is everything.

---

50 days ago

A letter to Harry Adams at Kefi

I have dropped trougher a note as a loyal shareholder in his company. As gold surges to $4500 and beyond Kefi Gold & Copper (KEFI) shares are only marginally ahead. I make a couple of helpful suggestions to address that point.

---

50 days ago

Trellus Heath: another AIM dog bites the dust, folks were warned

The business of Trellus Health (TRLS) is described as delivering “a digital platform that integrates data analytics with personalised, scientifically proven resilience programmes and value-based solutions to manage complex chronic conditions” But its own condition is chronic though simple.All the money's gone.

---

50 days ago

BREAKING: Julie Meyer’s Swiss Roll to failure, Viva heading for bankruptcy!

Oh dear Oh dear. Julie “lingerie on expenses” Meyer (no longer MBE) cannot go back to her native USA because of unpaid tax bills, she cannot go to the UK as she faces jail time for contempt of court, in Malta the regulator and taxman spat her out and now, I can reveal, that she has come a cropper in Switzerland.

---

51 days ago

Tom Winnifrith Bearcast: making Damson gin with the kids

The kids are pretty steeped in the idea of Welsh temperance but today's cooking does involve making Damson gin, the start of the Christmas present production line. Ahead of that various important messages on Sharestock such as would you rather share a cab with the Dinosaur or a hotel with Evil Banksta or Fagash? Then gold, gold stocks, Peter Schiff and more red flags at THE gold short, notwithstanding the enthusiasm of PL and Gervaise, Vast Resources (VAST)

---

51 days ago

Bottom Fishing Cavendish: No thanks

The mid cap investment bank Cavendish (CAV)  founded and floated at 27p buy smug egomaniac Sam Smith now sees its shares languishing at 9.25p, a market cap of £32 million. That its shares are slipping cannot be blamed on Smith who resigned a couple of months before a profits warning some years ago, telling journalists that she needed more time to get her leg over.  So what is up?

---

51 days ago

Thinking of 1976 as I stop flooding at the Welsh Hovel

All summer long, myself and the kids have been using out new 100 metre hose and watering cans to keep our vegetables, trees and fruit bushes from dying. It has been a daily ritual and we have done well. On Friday, like the rest of you, I got a phone alert from the convicted fraudster Louise Haigh who is our deputy PM, warning me not to light a fire or barbecue because of the drought. It is all so 1976.

---

51 days ago

Union Jack: A Stern Letter to Craig Howie

David “trougher” Bramhill and his cronies at Union Jack Oil (UJO) may think that I am a loyal supporter of Craig Howie, the man trying to oust them. Au contraire. Of course, I want Howie to win at the AGM and EGM on Monday where I shall be in attendance to hold Bramhill to account. However

---

51 days ago

Ashtead Technology – profits warning, profit is a matter of opinion

Subsea technology outfit Ashtead (AT.) has served up a nasty profits warning. I say nasty because of the speed of decline of trading and because it talks about bodged bullshit earnings as opposed to cash generation ( or lack of it). the number crunching below looks grim.

---

51 days ago

Union Jack shareholders send enormous FUCK YOU to Reabold and to their own disgraced board

It’s day 21 of the (crap) all paper offer for Union Jack Oil (UJO) from Reabold Resources (RBD) which means that the level of acceptances in must be announced and it is just 0.2% Despite the misleading video, misleading paid for research, misleading letter to shareholders, misleading words from the whore blogger just 0.2% have accepted. What a total fuck you.

---

52 days ago

Tom Winnifrith Bearcast: as gold rockets one gold stock to SHORT, I agree with my man on holiday in Port Erin

I start with UK macroeconomics and the march of the lanyard wearing class and then its gold which is roofing it. I explain why. Then my man on holiday in Port Erin, not the saintly Jim who lives there and who will be appalled by a low tax believing scouser lowering the tone, discuss the gold stock you now can and should short, and why an 18p broker target is pure cock, Vast Resources (VAST).

---

52 days ago

Defence Holdings Letter to shareholders – ShareProphets Translation service

Two days ago financial promotion and cash guzzling uber dog Defence Holdings (ALRT) announced a related party deal which stank more than the Neill Ricketts' collection of used Gloucester Rugby Club jockstraps as I explained HERE. The shares tumbled in response so today there us an RNS Reach, an open letter to shareholders from CEO Andrew Roughan who joined just at the year end so we have no idea of how well he is remunerated. The ShareProphets translation service, in bold, is provider below.

---

52 days ago

Video: Leveraged buying of AI stocks are an accident waiting to happen, buy gold, silver and oil stocks

Analyst Ted Oakley has a warning for you all.

---

52 days ago

Has Trainline been screwing its customers? Rather dishonest RNS as CMA on the case

Trainline (TRN) has today posted a response to news that the Competition & Markets Authority is now investigating it for screwing customers with less than transparent pricing. Its RNS is dishonest.

---

52 days ago

Emergency Alert — High Risk of Wildfires Across US Stock Markets

The great Malcolm Burne forwarded this on last night. Maybe it is a bit OTT but the underlying argument is hard to argue with. Tell me why I am wrong?

---

53 days ago

Tom Winnifrith Bearcast: a really vile hit job on me by Georgina

I describe what appears to be a really vile newly attempted hit job on me by Georgina Energy (GEX). its shares remain hugely overvalued and I refer you to these two bombshell articles from 2024 HERE and HERE. Then I discuss my apparently contradictory views on Golden Prospect (GPM)

---

53 days ago

What is the point of a broker note: Cavendish on Time Finance

Cavendish acts as corporate advisor to Time Finance (TIME) which yesterday announced a takeover bid from Joe Lewis controlled  Tavistock at 59.5p. The board advised by Cavendish recommended the deal as a good and fair offer and it is a done deal.

---

53 days ago

Britain is not working – a story of bureaucratic nightmare in Wrexham

A shop owner in my local town posted the comments below yesterday. You want to know why there is a housing shortage (not that there really is) or why high streets are dying. Read this and just weep.

---

53 days ago

Eco Buildings Group – AGM trading update, upcoming manufacturing suggests risk/reward Buy

Eco Buildings Group (ECOB) has issued an AGM update including that “trading for the current financial year remains in line with expectations… The company also continues to progress its wider international strategy, including the recent launch of Eco Buildings UK and its ongoing joint venture activities in Senegal and Indonesia”.

---

53 days ago

Brace Brace: Pump and then dump on the way at Quantum Blockchain

Thanks to reader S I can tell you what the pump will be. Thanks to being able to do basic maths I can tell you about the dump that follows.

---

53 days ago

Suspended Labour MP Bayo Alaba and the bounce back covid loan – that is only part of it

Labour MP Bayo Alaba seems like a good chap. A veteran of the Parachute Regiment he represents Southend East & Rochford but has now been suspended in what looks like a slam dunk case. But the deadwood press, being financial illiterates, is only asking half the questions it should.

---

54 days ago

Tom Winnifrith Bearcast: standing in solidarity with the vile, woke scumbags at Avaaz

Your enemy's enemy and all that. In today's podcast I discuss 80 Mile (80M), the lesser crested Arctic Newt, Pensana (PRE), Defence Holdings (ALRT), Golden Prospect (GPM), Union Jack Oil (UJO) and London Bitcoin Company (BTC)

---

54 days ago

BREAKING: Pensana: is it a fake sheikh after all? it admits that the June RNS Sheikh news was a Porky!

No doubt the prig Paul Atherley thinks I am seeking clickbait in point out that his company now admits that an RNS it issued in June was a total Porky! For today we must now ask ourselves if pious Paul has got himself mixed up with a Fake Sheikh

---

54 days ago

House Prices suffer biggest August fall in 8 years – I wonder why

When not obsessing about cancer threats or immigration or trying to link the two, the number one obsession of the ghastly Daily Mail is UK House prices. With an aging, and largely property owning, readership it always wants to talk up prices and it was at it again last week suggesting that a fall in house prices had created a level that was bringing in buyers. Au contraire….

---

54 days ago

BREAKING: Defence Holdings £2m related party stink creates material uncertainty: you just cannot be serious!

I have always been a bear of Defence Holdings (ALRT) and with the shares now languishing at 0.85p I am utterly vindicated. But that is still a £25 million market cap and news today of a £2 million related party deal just stinks, creates a material uncertainty and makes this utterly uninvestable.

---

54 days ago

Video: the day the death of the dollar started, 55 years ago

Of course Peter Schiff is talking his own book as a gold bull and also someone who runs a business selling gold. But his fundamental thesis on the day the dollar started to die and gold started to surge, 55 years ago is one I agree with wholly. Indeed I've pushed the same thesis likening it to Toynbee on the collapse of the UK and Sterling from 1900 to 1948. The dollar is not quite as sick today as Sterling was in 1948 but it is getting there and things are moving fast. Enjoy the next 12 minutes.

---

54 days ago

Amaroq 205p target from Cavendish but it flags this is just the start

Nomad and broker Cavendish takes an unusual approach to valuing Amaroq (AMRQ) looking at what a predator would pay. Since I regard a bid as almost inevitable if the gold price behaves itself that is not too daft. On that basis it says that its target for the shares, at 105.5p, is 205p. But critically, as you can see below, that is on Nalunaq alone! As a clear pathway to other mines going onstream, which can be developed using internally generated cashflows,  becomes apparent that valuation will only head one way… and fast.

---

55 days ago

Tom Winnifrith Bearcast: who are Beth and Brenda from Baker Street Investments?

They have been in contact again to criticise my use of the English language, how I chose to write and spend my time, how I choose to invest and to make ludicrous claims about Kefi Gold & Copper (KEFI) and Amaroq (AMRQ). Bring on the goat farming. Who are these women?

---

55 days ago

Tom Winnifrith Bearcast: It is a binary bet I either lose 5% of my portfolio or I have a 25 bagger and the goats beckon

I discuss the AGM statement from Eco Building (ECOB). I stress that I do not know that its management are honest and accept that I might see 5% of my portfolio go to money heaven. But I could also be sitting on a 25 bagger. I run through the numbers.

---

55 days ago

To do one video with Zak Mir smells like ramping but 2 in 3 days? SMTM!

The last video between paid promoter Zak Mir and the wretched Hewie Rattray of fiat strapped London Bitcoin Company (BTC) was an unintentional car crash. But three days later, on Friday, there was another one, 2 minutes 22 seconds of nothing. Two ramp videos in three days, can you smell the panic?

---

56 days ago

The bezzle Nuburu numbers - still loss making and guzzling cash

The 10Q from Alessandro Zamboni’s Nuburu (BURU) for the six months ended 30 June 2026 was filed on Friday.  In summary it shows a loss for the 6 months of $6.9 million of which $6.48 million arose in the second quarter.

---

56 days ago

Tom Winnifrith Bearcast: Whose the victim as Jason Arday kills himself, crunching coral madness numbers at Marechale & poor Mr Slater and Aptamer

I discuss Arday's suicide and a bit of a double standard, continuing the pile on theme I stand up to those piling in on me and number crunch the coral madness at Marechale (MAC) while then considering poor Mr Slater and the Aptamer (APTA) scandal

---

57 days ago

Tom Winnifrith Bearcast: Lucian's dire warning and what has Burnley FC done to its fans

I start with the Burnley FC sponsorship scandal. I hope none of you trade with Finotive. Then it is Skinbiotherapeutics (SBTX), GB Group (GBG) and a big big bear call from Lucian Miers and some even bigger names in finance.

---

57 days ago

Photo article: My cat Quincey sees off an illegal immigrant

By illegal immigrant I mean a cat which is not one of our cats entering our land, not one of the doctors, dentists, women and children landing at Dover today seeking asylum from war torn France.

---

57 days ago

Amaroq house broker ups target price by 1p

I'm note sure I understand why thus happened but then again I am not a highly paid City analyst. But as you can see below Panmure Liberum has increased its target price for Amaroq (AMRQ), now 105.5p from 160p to 161p after yesterday's interims. Hold the front page. My own target for what is my largest holding is far more ambitious as I explained HERE

---

57 days ago

Marechale Capital - Telephone Number Coral Nonsense

Coral Reefs are very much on my mind here as after 5 years I get to show what a prize twit the global warming cult believer Prince William was back in 2021. I’m vindicated. In that vein I turn to a quite ludicrous RNS yesterday from AIM listed serial dog Marechale (MAC).

---

57 days ago

The way to revive the London stockmarket is to pay NEDS more… you cannot be serious?

I absolutely kid you not. Asset manager Cevian Capital has called for higher pay for NEDs to revive the UK equity market and growth at British companies. It claims that this is needed  “as part of efforts to revive growth at British companies and reverse the decline of the London market. It said that pay for NEDs should increase to attract and retain the best people including from international rivals.”

---

57 days ago

This is why AIM sucks: we are not all in it together at Aptamer

Of course certain batshit crazy reporters at news organisations that cover up their role in a criminal enterprise to harass an investigative journalist exposing fraud think that AIM’s problems are caused by … the investigative journalist. But Aptamer (APTA) has news today which screams at investors to abandon the Casino. By way of background, shares in this “ developer of next-generation synthetic Optimer binders” , whatever that means, are at 0.4p down 62.27% YTD and 99.69% over 5 years since an IPO valuing this crock at £80.7 million. So, shareholders have been raped. On the other hand…

---

57 days ago

Morgan Advanced Materials – interims emphasise “continued strategic momentum”, but ...

Morgan Advanced Materials (MGAM) has announced its results for the first half of the 2026 calendar year and that its “strategy is gaining momentum… by transforming our operational effectiveness and driving stronger and more profitable growth, including assessing options for our Thermal Products division”. That is good news  but what of the valuation at a 253.5p share price, £700 million market cap, up from a 208p offer price share tip in March?

---

57 days ago

Fagash writes to the Takeover Panel - it is quite simply failing on the Reabold offer for Union Jack Oil

My letter yesterday to the Panel demonstrates that it is failing in its duty "to ensure fair treatment for all shareholders and an orderly framework for takeover bids" which is what it claims to do. Now Peter Brailey has gone a step further with a detailed letter sent yesterday. Enjoy.

---

58 days ago

The great coral reef global warming scam and that chump Prince William, a fool and his money…I start in 1540

The global warming nutters are having a field day in this long dry summer. This year, 2026, the BBC and others insist is proof of man-made climate change, or global warming as it was once called. I refer you back to the year 1540

---

58 days ago

Tom Winnifrith Bearcast No2 : Do not ignore stern emails from the Mrs!

I start with Sharestock and emails from the Mrs you should not ignore. Then it is 80 Mile (80M) and Reabold (RBD) and whether I waste my time going to regulators. Then Ariana (AAU) and back to Amaroq (AMRQ) - it's Greenland day on this website!

---

58 days ago

Letter to AIM Regulation – 80 Mile & Jameson, certainly a breach of AIM Rule 10 but was it market abuse as well?

I have dropped the Oxymorons a note about the July 27 placing and yesterday’s ‘fess up that 80 Mile (80M) had been reprimanded by the Greenland regulator for illegally importing kit for drilling which it had no permits to do.

---

58 days ago

Tom Winnifrith Bearcast No1: Underpromising and over delivering and vice versa

I consider the eclipse, the meteor shower, Eco Buildings (ECOB) and Amaroq (AMRQ). More later

---

58 days ago

Canaccord on Amaroq

It is a rather tame note after today's Q2 numbers and output guidance. I am greatly encouraged by what was announced but broker Canaccord draws some positives but leaves its price target of 140p unchanged. Its tame but here you go.

---

58 days ago

I have written to the Takeover Panel

According to its website “The Takeover Panel is an independent body whose main functions are to issue and administer the Takeover Code and to supervise and regulate takeovers and other matters to which the Code applies. Its principal purposes are to ensure fair treatment for all shareholders and an orderly framework for takeover bids.” With regard to the (crap) Reabold Resources (RBD) offer for Union Jack Oil (UJO) it is failing to do its job. I have sent it a letter

---

58 days ago

For the Love of God stop the boats - Brendan O'Neill

https://www.spiked-online.com/2026/08/12/for-the-love-of-god-stop-the-boats/

---

59 days ago

Tom Winnifrith Bearcast: the sound of silence at Skins and why AIM Regulation should be all over that 80 Mile placing

I start with the Bodybags Burnham plan to revitalise the High Street and look at the stores that seem to dominate that closest to me, Hope Street in Wrexham. Yes: if you want a Turkish hair cut, your nails polished, to buy some vapes and peruse rwtsh in a Charity shop you really are spoiled for choice. then after today's GOTCHA shocker from 80 Mile (80M) I look at statements made to investors in the 27 July placing. Finally the sound of silence at Skinbiotherapeutics (SBTX) is deafening.

---

59 days ago

Union Jack Oil – Letters of Intent to reject Reabold offer at least 23.1%, when will anyone ‘fess & why is the Panel not forcing the legal opinion to be published?

My reading may be incorrect but I understand that Reabold Resources (RBD) should be updating the market as it has done twice already as to how many Letters on Intent it has received stating that its (crap) all paper offer for Union Jack Oil (UJO) will not be accepted. The last update stated that Letters of Intent representing 18.13% of the equity had been received. But as of today…

---

59 days ago

BREAKING: FCA looking into allegations of market abuse by Pensana

No doubt Paul Atherley the chairman of Pensana (PRE) will accuse me of being drunk or seeking clickbait in reporting the contents of a letter confirming that the allegations are being looked into. Atherley is not a man who enjoys scrutiny. He’d rather lash out than answer fair questions.  The enquiries centre on an RNS issued on 10 August.

---

59 days ago

Petra - - why it cannot avoid going bust, the collapse of diamond prices, the most slam dunk short in London

Yesterday I explained why folks including the celebrated small state low tax scouse campaigner Mr Ken Dodd, sorry I meant to say Evil Banksta, were still short of Petra Diamonds (PDL) at c6p, a market cap of just under £20 million. This is partly a company specific story but there is a bigger macro picture that will ensure this is a slam dunk zero. You can bet the ranch shorting this company it has 0p written all over it.

---

59 days ago

GOTCHA: Greenland shocker as 80 Mile ‘fesses to law breaking and now delays, shares crashing

The Guardian ran the story 4 days ago and nothing happened. I flagged it up here yesterday calling from an RNS from 80 Mile (80M). Maybe the folks round at AIM Regulation read the UK’s top investigativef inancial website rather than the paper of the purple haired lanyard wearing classes? Only jesting. The main thing is that 80 Mile has been forced today to  ‘fess up and its shares are crashing.

---

60 days ago

A clown and a knave agree on how cheap a stock is – a video kiss of death

I shall let you decide who is the clown and who the knave: In the video below, the Sith Lord Zak Mir interviews Hewie Rattray of London Bitcoin Company (BTC). It is just amazing. What is jaw dropping is how the two chumps agree that last summer’s spike to 56p was both overdone and all to do with the market. Nothing to do with the utterly shameless ramping by Hewie and his chairman Big Dave Lenigas. Then... 

---

60 days ago

Matt Earl bang on the money on Andy Burnham’s High Street fantasy

Bodybags Burnham claims he will revamp the High Street by giving Local Council’s the powers to close down vaping shops and nail bars ( aka criminal money laundering operations). Of course that is rubbish. If you shit down the money laundering shops which legitimate retailer will take up the lease. I kid you not, Bodybags reckons that it will be butchers, bakers and bookshops.  These people just do not get it. My pal Matt Earl, aka the Dark Destroyer, tweets:

---

60 days ago

The Guardian is on the Case of 80 Mile – surely an RNS is called for?

I am surprised that 80 Mile (80M) has not been forced to issue a formal statement after shock exposes by top journalist Tom Burgis in the Guardian.

---

60 days ago

Tom Winnifrith Bearcast: the indignity of old age

I start with more medical familial news, a reason today is a short day for me. That comes with a confession of  a shameful guilty secret & pleasure. Then it is BSF Enterprise (BSFA), Kefi Gold & Copper (KEFI) and Amaroq (AMRQ)

---

60 days ago

Video: Dominic Frisby & Ross Norman on gold

Both pleasant and clever men and both gold bulls. They are talking their own book but tell me where they are wrong. On Chinese Buying the numbers are staggering. Enjoy.

---

60 days ago

Petra Diamonds: More bears are on the pitch…they think it is all over! The target of 0p is now coming into view

I have been a perma bear of Petra Diamonds (PDL and with the shares languishing at 6.45p, a market cap of £21 million, I am vindicated. But the shares are still a short the target is price is 0p. I am not alone in that view. I asked Liverpool’s greatest numbers man since his fellow small state low tax enthusiast Mr Ken Dodd, Evil Banksta if he was still short.

---

61 days ago

Tom Winnifrith Bearcast: Not really passing my MOT either

The car failed outright on Friday and is being scrapped. But mine today suggests a lot of remedial work needed. So as soon as this is live it is off to the garden I go for hard labour.  After that I discuss Pensana (PRE), Bluebird (BMV), Anglesey Mining (AYM) and , in detail , all the red flags about the Ashington Innovation (ASHI) RTO announced today.

---

61 days ago

Video: The rise of gold & oil shortages, the financial system is imploding!

Commodity Broker, Trader, and Author Peter Carlin kicks off with the extreme volatility in global energy markets, where the Strait of Hormuz and Red Sea disruptions are creating severe logistical bottlenecks. Carlin explains that the real crisis is not crude oil supply per se, but a mismatch between the sour crude grades needed by Western refineries and the sweet crude that is more readily available.

---

61 days ago

Reabold still sitting on the Letters of Intent number – what is the Takeover panel smoking?

I know that the number of shares in Union Jack Oil (UJO) now pledged to reject the (crap) offer from Reabold Resources (RBD) is not 18.13% but now in excess of 23%. And Reabold knows this and has known it since Friday. Yet there is no RNS.

---

61 days ago

Golden Prospect – what will it do with the 26.4 million shares?

I am at last meaningfully in the black on my Golden Prospect Precious Metals (GPM) shares. The stock is now 101.5p, the NAV announced on Friday was 110.6p (110.19p adjusted for the shares to be issued in December. But given how gold and gold shares raced ahead on Friday, I’d expect the NAV announced today to be at least 115p.

---

61 days ago

Pensana – is this another delay? Where did a year go?

On June 8 Pensana (PRE) gave us an update on its rare earths project in Africa Longonjo stating:

---

62 days ago

New prize competition: the Great British Takeover stakes.

The prize is a week outside peak season at the Greek Hovel with only pool and cleaning fees to pay. The competition is simple, as discussed in bearcast yesterday, UK PLC is in play so seeking the collective wisdom of our readership…

---

62 days ago

Why there will be bids in UK property and what to buy: 5 sitters

My good friend the Euroloon Jonathan Price stands out with his entry in our Great British Take Away prize contest in that he has gone all in on property stocks. You can say what you like about his misguided views on many things but a) he is a good man, b) he supports West Ham through thick and thin and over land and sea and c) he does know about this sector. So I have asked him to write up a longer piece explaining his thinking. Over to the great remoaner…

---

62 days ago

Nuburu - all that glistens isn’t gold

The Alessandro Zamboni fraud Nuburu (US:BURU) issued a Press Release on 5 August stating that it had received clearance under Italy’s Golden Power Framework to proceed with purchase of a 70% stake in Tekne SpA. This does represents significant progress as the previous attempt to buy Nuburu which started back in February 2025 in a complex deal involving Dominic White of Supply@Me Capital and Zamaz Plc infamy, failed to gain this approval. 

---

63 days ago

Tom Winnifrith Bearcast: Thoughts on the Great British takeover contest and on Easyjet stuffing passengers post takeover

Keep entering the contest. There is a great prize and I am finding your entries very interesting. I discuss that and also Easyjet (EZJ) and some nonsense from the BBC.

---

64 days ago

Tom Winnifrith Bearcast: Don't be so daft Nigel, did Diane Abbott teach you maths?

I start with failed MOT's, global warming and sloe gin. Then it is Kefi Gold & Copper (KEFI), Amaroq (AMRQ) and why Reabold Resources (RBD) will collapse when its bid for Union Jack (UJO) fails

---

64 days ago

The FCA fails again: Timmy Baldwin’s crooked operation above the HIV Clinic in Watford

The FCA proudly announced earlier this week that it had censured a firm called Equity for Growth (Securities) Limited. EFG is actually in administration and this whole episode shows why the FCA just does not have a scooby.

---

64 days ago

Coats Group – interims, still recovery value

Describing itself as “the world’s leading industrial thread and footwear components manufacturer”, Coats Group (COA) has announced half-year 2026 results headlined “Good strategic progress in H1 with ongoing market outperformance”. How encouraging is the performance from an 84.55p share price, £1.6 billion market capitalisation?

---

64 days ago

Reabold Union Jack Oil deal – the sweet kiss of death

As I revealed a short while ago the Reabold Resources (RBD) offer for Union Jack Oil (UJO) has now been rejected by at least 23% of shareholders and the 25% blocking position will be reached next week.The deal is dead and that is why Reabold’s share price has slumped and will continue to collapse. A company facing a material uncertainty warning has now spaffed £600,000 on a dead in the water deal. And now I discover the ultimate kiss of death. Zak Mir writes:

---

64 days ago

Essentra – interims, still a recovery Buy

On 2025 results from industrial components manufacturer and distributor Essentra (ESNT), we were positive on noted “strengthened foundations and good orderbook momentum”. What about now half-year 2026 results headlined including “strong” performance?

---

64 days ago

BREAKING: Reabold writes to Union Jack shareholders as deal faces collapse: I reveal what it is hiding & a blatant lie

Shareholders in Union Jack Oil (UJO) have received begging letters from Reabold Resources (RBD) offering them a chance to chat to the clowns running Reabold and making the case for its crap all paper offer. But it is NOT telling folks the bad news. The letters are grossly misleading. In fact they contain an outright lie. Have advisors and AIM regulation really approved this deception?

---

65 days ago

Tom Winnifrith Bearcast: An economic migrant from the UK to Zimbabwe and after the Easyjet bid a new competition to ponder

I start with the arrival of my pal Jono from Zim and then move onto the Easyjet (EZJ) bid, the thoughts of Dom Frisby and a new competition to think about tonight. Then gold and where next.

---

65 days ago

Wellnex Life Limited - a transformational deal?

I have rightly been a bear of Wellnex (WNX)  ever since it listed on AIM at 31.25p in addition to its listing on the ASX in March of last year.

---

65 days ago

BREAKING: Bluebird’s Sath Ganesarajah – legal problems mount

Oh dear, oh dear. It seems that the legal woes of Bluebird Mining Ventures (BMV) boss Sath Ganesarajah are getting worse. The next month will be bloody. Not only is the FCA investigation into the untruths he told about lending the company $2 million in an interest free loan convertible at 2p a share ratcheting up but there are the other court cases. First up is Richard Jennings, the City’s second most hated man and we now have a diary date.

---

65 days ago

Second Letter to David Bramhill – ahead of the EGM about that AGM legal advice

I wrote to the embattled chairman and trougher in chief at Union Jack Oil (UJO) yesterday and oddly enough the despicable David Bramhill has yet to reply. Perhaps he is busy pushing Reabold Resources (RBD) to update us all on the number of votes now pledged to reject the crap offer via Letters of Intent. I know that, again, Reabold is sitting on letters and so the total is now greater than 19% of the equity. I have today written about the EGM and AGM putting him and his lawyers on notice

---

65 days ago

Kefi worth 5.33p, or is it 5.48p or 6.29p or is it 7.33p ponders the convicted felon

Yes it is Lord Ashbourne, otherwise known as the convicted felon Charlie Gibson, writing for paid for researcher Edison on Kefi Gold & Copper (KEFI). This is paid for research so the old rogue is hardly going to say sell but there is some method in his valuations. FWIW my target price on a two year view, on the shares which are now 1.2p, remains 6p so I am not a million miles apart from the blue blooded bearded lunatic.

---

65 days ago

Sundae Bar – just do the bloody maths. It must be almost out of cash

The AIM Casino crypto turned AI joke that I have laughed at so  many times Sundae Bar (SBAR) has another operational update hammered out on the Adam Reynolds keyboard. There is plenty of excitement, buzzwords about AI and how big that market will; be. The company is even changing its name, always a red flag to Sundae Bar AI  as this “more accurately represents its activities, reinforcing its commitment to innovation and the delivery of intelligent, autonomous AI solutions.” Wankspeak.

---

66 days ago

Tom Winnifrith Bearcast: what was the point at Golden Prospect & the 2 Dave's need to 'fess

I start with what Fagash is up to today before moving on to London Bitcoin Company (BTC) and Union Jack Oil (UJO). Then its the gold price and Golden Prospect (GPM) with a few words on Legal & General (LGEN) en passant

---

66 days ago

Quantum Data Energy Page 58 of Annual Report why is this not a porky?

At the top of today’s statement from utterly uninvestable fake news pump and dump scam outfit Quantum Data Energy (QDE) is the following claim:

---

66 days ago

Letter to David Bramhill – time to be honest with your investors & publish legal advice

I have written to the embattled chairman and trougher in chief at Union Jack Oil (UJO)

---

66 days ago

Quantum Data Energy Accounts Out: Just not good enough, Parker Russell should be ashamed

The annual report is finally out and the shares should be unsuspended soon. Let’s start with the key financials. Both auditors and management cite a material uncertainty over going concern so a fund raise is a nailed on certainty. Quantum Data Energy (QDE) is running on vapours. But there is a bigger issue. A massive one which makes this wholly uninvestable.

---

66 days ago

As Reabold’s shares plunge – the offer for Union Jack is not longer at a premium to the pre bid price

One of the reasons that trougher Bramhill suggested that Union Jack  Oil (UJO) shareholders swap their paper for shares in Reabold, a company warning it faces a material uncertainty, is that the bid valued Union Jack at a premium to the prevailing price. That was true on the offer date when Reabold’s shares were 81p. Today they have collapsed to just 67p.

---

66 days ago

Panmure Liberum Amaroq note target 160p – why am I more bullish?

The note is below and as ever I regard most broker notes as not worth a lot. But have a read. I think the target is unambitious and here’s why.

---

67 days ago

Video: gold to $7,000, $8,000 or even $11,000

Economist Martin Armstrong argues that the US conflict with Iran was a strategic miscalculation driven by Neocons and Benjamin Netanyahu’s flawed strategy of decapitation leadership, which historically never works.

---

67 days ago

Tom Winnifrith bearcast: prompted again to think about my mother's death & why Nigel is a knicker wetter and a spiv

A message arrives from my Booker cousins regarding the Whistler glass panels at Salisbury Cathedral prompting me to think about my mother's suicide. I then turn to happier matters and why Nigel is a knicker wetter and a spiv with regards to Kefi Gold & Copper (KEFI) which could, I believe , be in the FTSE 250 within two years.

---

67 days ago

Medpal AI - strong revenue update, but are sales vanity? What is Councillor Bick hiding?

Medpal AI (MPAL) has issued a strong update on revenues up from zero 9 months ago to an annualised run rate of £8.6 million which itself was up 70% in two months.  This is a very prompt update on July revenues but reflects the nature of the business. 

---

67 days ago

Cult Wines, the Reviews – this is such an accident waiting to happen

I have raised numerous red flags about wine investment firm Cult Wines. It is an accident waiting to happen and anyone using its services is just asking for it. I have asked the FCA to wade in but it appears happy to let folks carry on losing their hard earned. The 2025 Annual Report is due by September 30th. It will be horrible and will, as is Cult’s wont, be filed horribly late.  But what do customers think?

---

67 days ago

Just how bad has it got for Reabold Resources that it’s breaching Takeover Panel Rules? What is it hiding?

On Friday, Reabold Resources (RBD) finally, only after pressure from this website, fessed up that shareholders owning 14.09% of Union Jack Oil (UJO) equity had sent in letters of Intent saying they would reject their (crap) all share offer. Since then, matters have got worse.

---

67 days ago

AIM Market Statistics July 2026 another very bad month...it's back to 2001

The AIM market statistics for July show that the market had 2 new admissions but  9 cancellations for a net decline of 7 companies in just 1 month.  The market has now reduced to 598 companies below the December 2001 number when it stood at 629 companies.

---

68 days ago

Tom Winnifrith bearcast: 2 phone calls - firework battle at Sharestock with Fagash, Gabriel the movie star and is Jubilee's Leon Coetzer for the chop?

I start with phone call one, 2 men who say they will pulverise the other at ShareStock and my thoughts on Eco Buildings (ECOB). Then Gabriel Grego and the movie.  Then Ariana (AAU) and the Chinese, to answer Nigel's point, London Bitcoin Company (BTC), Smarter Web Company (SWC), Georgina Exploration (GEX) and Jubilee Metals (JLP)

---

68 days ago

What do Union Jack and Reabold have in common? It's all in the chart below!

The chart below is supplied by Steve Brown of Orcadian (ORCA). On the one hand he is a man of God’s chosen land of Ulster and so utterly honest and beyond reproach. On the other hand, you might say that he might be just a little bit biased.

---

68 days ago

Email exchange with Kerim Sener – I am not selling Ariana but still have questions

I have this morning had a lengthy exchange of emails with Kerim Sener of Ariana Resources (AAU). I understand that some of you are selling your shares. I am not. Let me explain in detail. The responses are not wholly satisfactory but go a long way. And I explaun why the shares should be worth 5-7p or more.

---

68 days ago

Back to my mum’s suicide – BSF Enterprise owning charmer on the LSE Asylum

I pointed out a FACT today, that BSF Enterprise (BSFA) already shown to have lied in the TR1scandal, has lied again with regard to a US hookup. That seems to have upset some folks. 

---

68 days ago

Technically insolvent Wildcat Gold – Naughty Mandhir just cannot stop misleading!

Four Months after promising an imminent relegation (within six weeks) from the Main Market to the AQSE Lobster Pot, technically insolvent Wildcat Gold (WCAT), formerly Wildcat Petroleum says that it will publish an Admission Document on 17 August and make the relegation on 1 September. But…

---

68 days ago

EXPOSE: BSF Enterprise: announces deal with US company, it’s just a frigging lie

The FCA is all over the TR1 and associated RNS lies scandal at Frankenstein Meat company BSF Enterprise (BSFA) but the issue of it lying to investors just got a lot worse with today’s RNS claim of a US hookup. It’s a lie.

---

69 days ago

Tom Winnifrith Bearcast: Some Sharestock logistics, economic illiteracy from No 11 and a really attractive 2-3 year growth play

I start with the logistics, then worrying illiteracy from our new chancellor. Bring back Rachel from Customer Services. Finally I talk you through a really attractive and I think low risk 2-3 year growth play where  the upside is 150% or could be 600%.

---

69 days ago

The whore blogger on the Reabold offer for Union Jack

Malcolm Graham Wood, aka the whore blogger, has been paid by Union Jack Oil (UJO) to promote its shares. Not that he declares thus, he just takes the grubby brown envelope. His target price was 30p so why does he reckon that an all paper offer at sub 4p is a good deal?

---

69 days ago

BREAKING: 2nd big Letter of Intent sent to Reabold arrives at Winnileaks

Reabold Resources (RBD) may be reluctant to follow takeover panel rules  without a kick from me so just in case, a Letter of Intent to reject its offer for Union Jack Oil (UJO), speaking for 4.05% of the equity, has arrived at Winnileaks and is reproduced below, with names redacted. It is dated tomorrow ( a business day) but was sent yesterday.

---

70 days ago

3 seats left for Sharestock - still time to book

Thanks to the revocation under our T&Cs of applications from Mr Creepy we still have just 3 of the 100 tickets for Sharestock on September 5 left going. So if you want to attend you can still book HERE

---

70 days ago

Charles Archer on Amaroq, I’m not the only mega bull in the village

It was my bet the ranch stock a fortnight ago. I bought more shares after that and it is the largest holding in my pension fund. If anything I am likely to buy more Amaroq (AMRQ) as I am a gold bull and I just see the shares as being very cheap. I reckon that they will be anywhere from 200p to 300p within two years as I explained HERE. And I am not alone.

---

70 days ago

Tom Winnifrith Bearcast: GOTCHA Reabold now you really need to come clean next week

I start with an AI in the City story. Then a Friday GOTCHA! on Reabold Resources (RBD). There is more to come next week as its bid for Union Jack Oil (UJO) starts very rapidly, like its share price, to unravel.

---

70 days ago

Photo article: Starting harvesting with the kids at the Welsh Hovel

My little helpers are willing assistants and as well are all now back in Wales there is plenty to harvest as you can see below.

---

70 days ago

Satsuma Technology – General Meeting thrashing for the boardroom troughers, now for a return of capital

Although the majority of the board of Satsuma Technology (SATS) were campaigning against requisitioned resolutions for a return of capital and stock market delisting, we noted they were hated-by-investors troughers and the shareholder meeting would back the rebels. The votes cast were 90.63% in favour of the return of capital and 90.59% in favour of stock market delisting. Have the board got the message how despised they are and what now?

---

71 days ago

Tom Winnifrith Bearcast: Not buying Headlam, not selling Ariana but I admit I am tempted

In today's podcast I consider Headlam (HEAD), Amaroq (AMRQ)'s minor sin and, in detail, Ariana (AAU).

---

71 days ago

Video: Imminent Gasoline Shortages, Tank Bottoms & ‘Much Higher’ Oil Prices for Longer

Asset manager Josef Schachter says that the current energy market tightness is not a crude oil shortage but a severe refining capacity problem, particularly impacting Asia. 

---

71 days ago

Does it matter that BP is quitting the North Sea after 60 years?

At one level no. But at another it is yet another canary in the coal mine and I am afraid to say that the coalmine that is UK PLC is now home to a whole host of canaries.

---

71 days ago

BREAKING: Howie has 28.7% pledge to reject Reabold – the offer for Union Jack will fail

Yesterday Reabold Resources (RBD) tried to terrify Union Jack Oil (UJO) shareholders into accepting its (crap) all paper offer by warning that if it got 75% acceptances it would delist Union shares leaving those rejecting the offer with untradeable paper. Well I have bad news for Reabold, it needs to fess up.

---

71 days ago

Why did Amaroq platform Labour Minister Jonny Reynolds to tell porkies?

I think Amaroq (AMRQ) is a great company, it's my largest holding and I am sure that its shares will double or treble on a two year view as I explained yesterday HERE. But today it has sinned, not in a material way, but in the RNS announcing its move from the AIM Cesspit to the Main Market it has allowed a scumbag Labour Minister to tell whopping porkies. Why?

---

71 days ago

EXPLOSIVE: Craig Howie letter to Reabold, it breaks Takeover Panel rules in NOT publishing

Thanks to Winnileaks I shall instead publish it in full below!

---

71 days ago

Another bet the ranch submission sent on April 1 by reader Tony

Tony writes: Unfortunately I have missed the deadline for the “Bet the Ranch” competition.   But I have uncovered a situation that I believe Shareprophets subscribers really will not want to miss, and so I offer it anyway.   

---

72 days ago

Tom Winnifrith Bearcast No2: David Bramhill and the attempted £1.5 million greenmail

I start with interesting data from the ONS about the population of "stab City", London. Can our in house London progressives Ed from Islington or my pal the Euroloon Jonathan Price offer an explanation. Then I look at the attempted greenmail by David Bramhill. Joe O'Farrell and the gimp Zac Philips of Union Jack Oil (UJO) shareholders and a video by the sleazy chumps from Reabold Resources (RBD)

---

72 days ago

I’d Bet the Ranch on The Smarter Web Company

This entry from MK missed the deadline. Its conclusion that Smarter Web Company (SWC) could get into the FTSE 100 is, in my view, less likely that me getting into Cheryl Cole’s underwear. By next Tuesday. But I do not wish to be seen as a free speech denier so I publish the article anyway.

---

72 days ago

European Green Transition – half-year trading update, a “strong trading performance” Buy

Onshore wind turbine operating, maintenance, repairing and remote monitoring-focused, European Green Transition (EGT) has issued an “H1 2026 Trading Update” including emphasising “statutory revenue of c.£6.8 million in the four months since completion of the acquisition of the Wind Energy Services business… remains on track to deliver its medium-term target of £50 million group revenue and double-digit EBITDA margins”. That looks to make the shares dirt cheap at a 9.5p share price, £25.6 million market capitalisation.

---

72 days ago

Tom Winnifrith Bearcast No 1: 30% of my SIPP is in Amaroq, I'm thinking of buying more as I see the shares doubling or trebling

I deal with D&D's latest outburst of Amaroq (AMRQ) Derangement Syndrome, discuss the MRE at Nalunaq, Nanoq, Black Angel, the joint venture and explain how cashflows will ramp up massively over the next 30 months. I discuss the FTSE 250. And explain why I see the shares at least doubling before I turn 61 but how they could actually treble. And thus I am considering top slicing Legal & General (LGEN) to buy more Amaroq 

---

72 days ago

Insolvent FRAUD Supply@Me Capital: – does the balance sheet black hole now exceed £11 million

After Tuesday’s piss poor RNS, I thought I would spend a moment trying to estimate how large the hole in Supply@ME Capital’s (SYME) balance sheet current is both in terms of net liabilities and also the cash position. It’s grim.

---

72 days ago

Video: Tell me that this is not THE class act on AIM

I have only just noticed this from two months ago. Tell me that Eldur Olafsson and Amaroq (AMRQ) are not THE class act on AIM. But not for long, as of Friday Amaroq will be off the casino and onto the Main Market prompting a whole new range of IIs to step up to the plate. This is why Amaroq was rightly judged by you as the bet the ranch stock to own.

---

72 days ago

And the winner of the bet the ranch contest who is heading to the Greek Hovel is….

The four finalists were Eddie from Ulster and Chris the Greek backing Kefi Gold & Copper (KEFI), Jordan Belfort from Norfolk backing Advanced AdvT (ADVT) and Andrew backing Amaroq (AMRQ)

---

73 days ago

Tom Winnifrith Bearcast No2: Sage and knowing your onions

In the second bearcast I look again at the millionaire data and what it means, at Sage (SGE) and at Hamak Strategy (HAMA).

---

73 days ago

The shocking millionaire drop and new population data both out today

There are two bits of UK data out today which taken together should terrify anyone living in Britain and planning on staying here. Were it not for my aged in-laws in the next village and the cats this family would certainly be talking even more seriously than we are already about quitting Airstrip One. First up is the millionaire collapse.

---

73 days ago

Marechale Capital walk me through the numbers again

One of you made Marechale Capital (MAC) your bet the ranch stock. With no disrespect to its new driving force Patrick Claridge ( a decent old boy), I’d rather eat my own toenails. Do the maths here and tell me why I am wrong about what is now described as the City’s first quoted integrated digital merchant bank.

---

73 days ago

Hemogenyx: Tell me you are on the runway to a discounted placing without telling me you are on the runway to a discounted placing

Hemogenyx (HEMO) has today served up more ramptastic news from the Baltic states and updated us on the pedestrian pace of its phase 1 drug trials. There is a killer phrase buried at the bottom of the release. First do the maths.

---

73 days ago

Tom Winnifrith Bearcast No 1: The Reabold Union Jack Oil offer jackanory document is out or is it?

I discuss this abomination of a bid which is bound to fail and has been created by two boards drowning in their own greed and incompetence. And I urge London readers free on August 24 to get in touch.

---

73 days ago

YOUR TAXES: A world leading telescope or The Europe that Gay Porn Built

Your taxes fund UKRI which has decided it cannot find £2.8 million to fund the world famous Jodrell Bank telescope in Cheshire. So it will close in a couple of years, another British Icon gone. So where does UKRI (UK Research and Innovation) spend its annual £9 billion budget?  I challenge our more progressive readers to justify some of the handouts below, unearthed by the excellent Charlotte Gill. Remember it is your taxes…

---

73 days ago

FINAL: Vote today for the winner of the bet the ranch prize contest

At midnight yesterday the two most voted for bet the ranch essays from each semi final were the four below. Please vote before midnight tonight to see who wins a holiday at the Greek Hovel.

---

74 days ago

Bulletin Board Moron of the day about to be debagged by a Microsalt discounted bailout placing

Microsalt (SALT) is a shite company with debt and almost no cash, It is burning cash, It is a matter of when not if there is a deeply discounted bailout placing. I reckon that it is imminent. The shares are now just 17.5p – shall we say placing at 12.5p vicar?

---

74 days ago

Supply@Me Capital serves up a truly feeble RNS update

Today’s Strategic and business update RNS update from the fraud Supply@ME Capital (SYME) is really piss poor.   

---

74 days ago

BSF Enterprise – letter to FCA, lies, missing and delayed TR1s

Frankenstein Meat company BSF Enterprise (BSFA) will either see its shares suspended by the FCA or will go to zero as it runs out of cash. Either way it is a stock for financial masochists but after weekend exposes on this website I have written to my contact at  the FCA which should be pouncing.

---

74 days ago

Bet the Ranch No. 2 – In Praise of Good Management

Reader David dug out an old essay from April 1 2026 and has submitted another bet the ranch suggestion.

---

74 days ago

This did not qualify as a bet the ranch entry: reader DK would bet the allotment short on …

I asked for a long idea to be the ranch on so reader DK disqualifies himself with his Nasdaq short but just for your entertainment…

---

75 days ago

Record wildfires a sign of global warming! Er.... an inconvenient truth!

The political and media class, the GroupThink led by the BBC and the Guardian, are telling you that raging wildfires across Europe are a sign of global warming. Unfortunately there is some rather awkward data.

---

75 days ago

Bryce Elder an A grade knob at the FT has his arse kicked by heroic Tim Martin of JD Wetherspoon: “3 nil to Timbo”

Bryce has been a self important, mathematically challenged, A grade knob for all of the 25 years I have known him. Of all the shitheads on the FT he really is the biggest cocksucker going.  Today, Tim Martin wipes the floor with him in a withering RNS from JD Wetherspoon (JDW). Worse at economics than Rachel Reeves! Ouch. It is laugh a minute stuff unless you are the utterly clueless Elder. Enjoy.

---

75 days ago

Tom Winnifrith Bearcast: The Sheriff is going to London on 24 August

Thanks for all your bet the ranch entries. Any received after 4.30 PM today cannot enter. We are done. Tomorrow we start voting.  Then I look at Union Jack Oil (UJO) and Ariana Resources (AAU)

---

75 days ago

I’d bet the ranch on BB Biotech says Will

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Thirty seventh up is Will

---

75 days ago

I’d bet the ranch on Cabral Gold says crazy Eddie

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEPS ENDING IN ENTRIES. Thirty sixth up is crazy Eddie

---

75 days ago

BREAKING EXPOSE: Nuburu Inc – the biggest supporter of the recent fund raise is a convicted felon

In my previous article, I revealed that a large buyer into the recent Nuburu (BURU) fund raise was John M Fife, a SEC slated death spiral provider. It gets worse, on Friday a new filing stated that Esousa Group Holdings LLC and Micheal Wachs owned 45,339,650 shares representing a 9.9% stake. Esousa is registered in New York so is probably the New York investor cited by Nuburu in its Press Release announcing the investment.  I note that Esousa has invested in previous Nuburu funding rounds and then sold out completely, a wise move given Nuburu share trajectory.  Esousa is an active investor in the small cap market space using highly structure alternative financing strategies.

---

75 days ago

I’d bet the ranch on AdvancedAdvT says our own young Steve Moore

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Thirty fifth up is our own young Steve Moore

---

75 days ago

I’d bet the ranch on Scancell says Honest John

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Thirty fourth up is Honest John

---

75 days ago

I’d bet the ranch on the London Stock Exchange plc says shy Matthew

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Thirty third up is shy Matthew

---

76 days ago

Tom Winnifrith Bearcast: I look forward to welcoming lawyers Rosenblatts to Sharestock

In light of the earlier Paul Mathieson scumbaggery I look forward to welcoming two lawyers from Rosenblatts to Sharestock. They will get front row seats have a video camera on them and I have a few treats for them. 

---

76 days ago

I’d bet the ranch on Bioventix says Blue Frew

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Thirty second up is Blue Frew

---

76 days ago

BSF Enterprise and the TR1 scandal – Alvar Financial Services Limited is a spread betting and CFD firm: strategic investor my arse

Yesterday Nigel and I showed that BSF Enterprise (BSFA) has sat on two TR1s for months and was still missing at least three and had clearly lied about attracting not 1 but 2 “strategic” investors. 

Now let’s move forward.

---

76 days ago

He is now trolling my wife

Having weaponised my mum’s suicide and paid Harvey Weinstein’s Goon Seth Freedman and Barings’ Nick Leeson to "destroy" me with lies pushed via Bloomberg, Paul Mathieson of soon to be wound up Amazing AI now seems to be going after for my wife.

---

76 days ago

I’d bet the ranch on Equinox Gold says keen A

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Thirty first up is keen A

---

77 days ago

Tom Winnifrith Bearcast: D&D has Amaroq Derangement Syndrome and his latest scaremongering is piss poor, Ariana is now a Zim gamble and more

I start with a last desperate appeal for Bet the Ranch entries. I need just a couple more to see out the holiday and keep the Mrs on side. Please enter as described here. Skinbiotherapeutics (SBTX) obsessive Duck & Dive seems obsessed by talking down Amaroq (AMRQ) and I explain why his latest scaremongering HERE is so piss poor, factually flawed and amateurish. I look at BSF Enterprise (BSFA) and why the FCA must shut it down after today's expose by myself and Nigel. And I end looking at Ariana (AAU), increasingly a pure Zim play. If only Dokwe was in Greenland!

---

77 days ago

BREAKING EXPOSE: Frankenstein Meat, Frankenstein Placings: BSF Questions, Questions, Lies, lies….And An Obvious Conclusion

We have covered the mysterious share issuances at BSF Enterprise (BSFA) extensively and we know that the FCA has been taking a look. Apart from the recent death spiral, there was the curious placing of shares to a single strategic investor on April 2nd……which resulted in no TR-1s being issues. Like London busses, none for ages and then yesterday came two. So the fog has cleared? Er….no!

---

77 days ago

I’d bet the ranch on The Smarter Web Company says John

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Thirtieth up is John

---

77 days ago

I’d bet the ranch on AdvancedAdvT says Jordan Belfort of Norfolk

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Twenty Ninth up is Jordan Belfort

---

77 days ago

Valereum QGP update: what are advisors Guild and AQSE Regulation smoking?

This gets more bonkers by the day. How Guild Advisory and AQSE Regulation tolerate this madness just defies belief. The hook up between Valereum (VLRM)  and Cayman based start up Quorium Global Photonics with its $200 website and run by the son and business partner of a convicted ponzi fraudster started last November.  The company’s then advisor thought the deal was so bent it quit and told AQSE Regulation why. But current advisor Guild then stepped up to the plate.

---

78 days ago

Tom Winnifrith Bearcast: 4 more dogs in a financial hole

I start with a weather report from Greece, not the global warming you might expect. Then it is Victoria (VCP), Hydrogen Utopia (HUI), Microsalt (SALT) and Cirata (CRTA)

---

78 days ago

Delusional: an urgent email arrives, just one week left to nominate for the AIM awards, more frigging diversity vicar?

Last week even the Daily Telegraph admitted that AIM was screwed. Stevie Wonder can see that its days are numbered. But this October the City’s fat cats will once again gather for the black tie AIM awards ceremony. Perhaps crazy Meg Short of Bloomberg will be there explaining that AIM’s problems are all the fault of evil Tom Winnifrith as Harvey Wienstein’s goon Seth Freedman and Paul Mathieson urged her to write and persuaded her to push in interviews with PLC CEOs You might think AIM’s problems are down to systemic fraud or across the board lack of cash generation but oh no… what AIM needs is more frigging diversity. I kid you not.

---

78 days ago

Brexit Derangement Syndrome and Wetherspoon’s woes

Liz Webster is some sort of campaigner for ignoring the democratic will of the people and snuggling up closer to the Evil Empire. And thus, as you can see below, she links the latest profits warning from JD Wetherspoon (JDW) run by Brexit hero Tim Martin to Brexit itself, something that now happened 7 years ago.

---

78 days ago

I’d bet the ranch on Supermarket Income REIT says Millfield

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Twenty eighth up is Millfield

---

78 days ago

AIM star ADM Energy formerly MX Oil formerly Astar Minerals - £65m sent to money heaven - our 50 top exposes (including 2 fake sheikhs) since 2013

All sorts of wrong 'uns are at play here. A Tory Lord, not one but TWO fake sheikhs, several disgraced stockbrokers, a Nigerian CEO who has to be resigned and on the promoting side there were Zak Mir, Doc Holliday and Chris Oil all of whom pumped the worthless stock. Now, as I flagged up yesterday, with £65 million sent to money heaven since 2004, the HRMC is seeking a winding up order, there is no cash or accounts and the shares are suspended. Maybe the Oxymorons at AIM Regulation should have listened to old TW after all and not the City enablers who kept this farce going?  As you can see below in  our 50 most read articles on this serial shit show the warnings were there...

---

78 days ago

I’d bet the ranch on Marechale Capital says Barry

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Twenty seventh up is Barry

---

79 days ago

Tom Winnifrith Bearcast: two causes for an imaginary ouzo dozy Paul, 2 vindications of heroic journalism and why nobody should bet the ranch on Avacta

I start with the victory dances. ADM Energy (ADME) has had it all, a Tory Lord,dfisgraced broker Any Frangos, a fake sheikh and 2 disgraced CEOs who had to be resigned with exposes on this website hastening the downfall. It has sent c£70 million to money heaven and now has a bit of bother with the tax man. Meanwhile Celadon (CLN) has spaffed £165 million and now, I can reveal, is going into administration. I called both out. That, dozy paul where is your Pensana (PRE) TR1, is good, no ffing great journalism. Then it is onto Avacta (AVCT) where I disagree with a young reader who wishes to bet the ranch and explain why, citing Jim Mellon.

---

79 days ago

Supply@Me Capital: Accounts still missing now corporate website taken down

Long suffering shareholders at the fraud Supply@ME Capital (SYME) still haven’t seen the publication of its annual report for the year ended 31 December 2025 which were due for publication by 30 April 2026.  The RNS issued at the time stated:

---

79 days ago

EXPOSE: Nuburu new significant “investor” is a controversial, SEC slated, death spiral provider as real terms of deal exposed

When Alessandro Zamboni's US bezzle Nuburu (US:BURU) announced the $38 million fund raise supposedly at a 30% premium to previous share price it also stated that it had raised money from well known accredited investors as follows:

---

79 days ago

I’d bet the ranch on Kefi says Edward from Ulster

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Twenty sixth up is Edward from Ulster

---

79 days ago

Nuburu shares collapse as booted off ASE, did it mislead investors re $38m fund raise?

As I previously indicated, following a 35% decline in its share price which resulted in Nuburu’s (BURU)  share price falling below the $0.1 minimum required by the American Stock Exchange, Nuburu shares were suspended on the American Exchange meaning that Nuburu’s share are currently only being traded on the Over The Counter markets.  At time of writing this article Nuburu shares were trading at just $0.036 per share.

---

79 days ago

I’d bet the ranch on Avacta says SD1983

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Twenty fifth up is SD1983

---

79 days ago

Tell me you are having a discounted placing without telling me you are having a discounted placing: Colin Turd takes to X

Thrice this month Kendrick Resources (KEN) has served up drill results from its Namibian rare earths project. The one so poor that its owners tried and failed  to find a farm out partner for 4 years before then technically insolvent Kendrick popped up. But still the Kendrick share price is slipping. Why?

---

80 days ago

Video: Why There’s Not A Single Gold Mining Stock I Would Buy Today

I have a lot of time for silver mega bull Lobo Tiggre but can’t say I’d agree with this call!

---

80 days ago

I’d bet the ranch on British Land says the Euroloon Jonathan Price

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Twenty Fourth up is my friend and fellow Hammer the Euroloon Jonathan Price

---

80 days ago

Valereum’s new Kenyan partner doesn’t look very Kenyan to me

This strikes of moving the goalposts and as the screenshot below indicates all looks a bit unconvincing.

---

80 days ago

On TR1s – Optibiotix and Pensana

Good journalism and less good journalism. I start with the bad, Optibiotix (OPTI).

---

80 days ago

I’d bet the ranch on Petro Matad says Alf

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEPS ENDING IN ENTRIES. Twenty Third up is Alf

---

80 days ago

I’d bet the second ranch on Artemis Gold says Peter “fagash” Brailey

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Twenty Second up is Fagash

---

81 days ago

Tom Winnifrith Bearcast: Drinking my own medicine with a rare share trade but not following a gambler

In this podcast I discuss Skinbiotherapeutics (SBTX), Optibiotix (OPTI)  and Amaroq (AMRQ). Please, please, please keep sending in your bet the ranch entries.

---

81 days ago

I’d bet the ranch on Vaneck junior Gold miners ETF, says in-house gold loon Nigel Somerville

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Twenty First up is our in house gold loon and Sharestock pianist Nigel Somerville

---

81 days ago

Pensana: Letter to the FCA

I have written to my contact at the FCA as it should be forcing Pensana (PRE) and its mysterious offshore investor into making a statement


---

81 days ago

I’d bet the ranch on Kefi says Chris the Greek

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEPS ENDING IN ENTRIES. Twentieth up is Chris the Greek

---

81 days ago

MedPal AI: is there a bull case for a Drummond Brothers share?

When the Drummond Brothers first launched MedPal AI (MPAL) onto the AIM Market, I was highly sceptical about its valuation and prospects.  Initially MedPal performed strongly reaching a high of 13.5 pence on 4 September 2025 on initial enthusiasm for AI linked plays.  Reality in the form of reported and a number of fund raises resulted in its share price dropping below IPO price to as low as 2.225 pence per share in May 2026.  The price has since risen to a mid price of 3.50 pence. So my bear call into the huff and puff generated by evil PR genius Councillor Bick has been vindicated. But…

---

82 days ago

Tom Winnifrith Bearcast: Day 1 of PM Andy Body Bags Burnham and UK PLC is an even stronger sell

The firing of clowns like David Lammy and Rachel Reeves deprives us all of some joy as one gazes on their incompetence. But the new Prime Minister feels me with even more dread about UK PLC.

---

82 days ago

The Tern valuation is bonkers!

In its year end accounts to 31 December 2025, Tern (TERN) stated that its net asset value was 1.0 pence share based on net assets of £6,880,995 divided by 672 million shares which was down from 2.0 pence per share at the previous year end.

---

82 days ago

Can one of our progressive readers talk us through the amazing growth company Equilibria UK Ltd?

Ed from Islington, champagne socialist Brian Basham, the Euroloon Jonathan Price. This is a true growth company, albeit one apparently operating from a dilapidated second floor one bedroom flat in Woolwich SE London. It is another company registered to bring skilled workers to the UK. And boy has it been busy.

---

82 days ago

QinetiQ – Q1 trading update, still a positive outlook Buy

‘Defence and technology services’ group QinetiQ (QQ.) has issued a “Q1 Trading Update” headlined “First quarter performance consistent with expectations; record backlog and Defence Investment Plan support outlook”. What does that suggest in terms of upside potential from the valuation at an around 453p share price?

---

82 days ago

I’d bet the ranch on Amaroq says Tom from Greece & Wales

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Nineteenth up is  Tom, currently residing in a Greek Hovel

---

82 days ago

Video: What Everyone Is Getting Wrong About The Oil Price Amidst Iran War

Analyst Rory Johnston  reckons folks have not factored in the real impact of the re-escalating Iran war.

---

82 days ago

I’d bet the ranch on Smarter Web Company says Toffee

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Eighteenth up is Toffee

---

82 days ago

Video: as Ryanair serves up Q1 trading statement, a parody advert

I  am amazed that anyone flies RyanAir (RYA) - I will not as it treats its customers with such obvious contempt. One day, surely, that will come back to hurt it. Maybe today's 34% drop in Q1 PAT is a sign of things to come.   Though Steve an I tipped Easyjet (EZJ) ahead of the bid we would not touch the poisonous leprechaun O'Leary's airline. In that light here is a parody advert for the company. Enjoy.

---

83 days ago

Tom Winnifrith Bearcast: why won't Paul answer the questions I ask when he surely knows the answers

I discuss abusive weekend email exchanges with the boss of Pensana (PRE). I am running low on bet the ranch entries please keep sending them in.

---

83 days ago

I’d bet the ranch on Experian says Danny

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Seventeenth up is Danny

---

83 days ago

I’d bet the ranch on Semiconductor Manufacturing International Corporation says Gary Newman

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Sixteenth up is our own Chinese asset Gary Newman

---

84 days ago

Technology Minerals finally gets prospectus away....but

The last week has been a good week for Technology Minerals (TM1) as it published an update on its settlement terms with Jonathan  “kiss of death” Swann and death spiral outfit Atlas Special Opportunities II, LLC on 14 July. 

---

84 days ago

Bloomsbury Publishing – AGM trading update, a “confidence in delivering record profit” Buy

Bloomsbury Publishing (BMY) has issued an AGM Trading Update headlined “Strong outlook underpins confidence in delivering record profit in line with expectations”. How good is the update from a current around 640p share price, £523 million market capitalisation?

---

84 days ago

Nuburu shares suspended after they crash 39% on the day it raised $38 million

To have shares in one shitco suspended is unfortunate. But to have two suspended suggests that Alessandro Zamboni is getting careless. Yesterday Nuburu (BURU)  shares crashed 39% to $0.0727 and trading in the shares was suspended.

---

84 days ago

Can any of our in-house progressives justify this? It makes me livid!

Ed from Islington, Euroloon Jonathan, Tim from North London please can you tell me that thus does not enrage you.

---

84 days ago

I’d bet the ranch in genteel, Brexit loathing, bien pensant packed North London on Pensana says Tim

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Fifteenth up is Guardian reading elitist Tim

---

84 days ago

This is no April Fool – new Sharestock Speaker and entertainer

I am happy to forego one of my 20 minute slots with Brian Kinane for this new speaker. This is no April Fool. I kid you not.

---

84 days ago

I’d bet my second ranch on Hardide says Billy

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Fourteenth up is Billy betting his second ranch

---

85 days ago

If you’ve booked to go to Sharestock READ THIS IT's IMPORTANT

If you have not yet booked there are a few seats left for September 5 and you can book HERE. If you have booked you should have received an email on Monday, your ticket. THIS IS IMPORTANT

---

85 days ago

Tom Winnifrith Bearcast: questions £232m capitalised Pensana really should answer

I start with creepy Paul Mathieson's email to my wife and also begging you for more "bet the ranch" competition entries. Please keep filing!. Then it is Pensana (PRE), Headlam (HEAD). Alumasc (ALU), Tirupati Graphite (TGR) and MicroSalt (SALT)

---

85 days ago

BREAKING: Alumasc – its CEO having only been appointed in April, now “Suspension of CEO”! What’s going on?…

It was only in April this year that Alumasc (ALU) was “pleased to confirm” Pamela Bingham had been appointed as CEO, with Chair Vijay Thakrar emphasising “she brings extensive commercial experience as well as a record of value creation through organic and inorganic growth, employee engagement, digital transformation and customer loyalty, all of which will be helpful in leading Alumasc during its next stage of growth”. Less than four months later it’s Vijay Thakrar, as “Interim Executive Chair”, providing the comment in Alumasc’s full-year trading update as “Pamela Bingham, has been suspended by the board pending an investigation into matters relating to her professional conduct”! So what’s going on? Here’s what we understand…

---

85 days ago

Katie Lam MP on the India Trade Deal and why it threatens UK jobs – tell me why she is not wrong?

Ms Lam is about the only Tory I have real respect for and her detailed and forensic analysis is admirable. The Government has just signed a trade deal with India which makes it cheaper for Indian firms operating in the UK to import Indian workers than to hire British staff. What does that achieve?  Ms Lam posts on X

---

85 days ago

Amazing AI & the cover up: will folks ever know where the money all went?

Paul MathIeson of  Amazing AI (AAI) infamy is still using an email account SheriffClassAction although lawyers Rosenblatts have long since walked from acting for him as he said he would sue me for £10 billion!.  He is now threatening legal action against me for denying him access to Sharestock. Whatever. But what of Amazing AI, now delisted and called XXXX Holdings Limited. Where has the money gone?

---

85 days ago

I’d bet the ranch on Iofina says Billy

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Thirteenth up is Billy

---

85 days ago

I’d bet the ranch on TwentyFour Select Monthly Income Fund says David

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Twelfth up is David

---

86 days ago

European Green Transition – business “strong momentum” from an already winning share tip, Buy

Presently onshore wind turbine operating, maintenance, repairing and remote monitoring-focused, European Green Transition (EGT) has issued a “Q2 2026 Wind Energy Services Operational Update” announcement including that its “wind energy services business delivered strong momentum through Q2… and looks forward to building on its momentum through Q3 and beyond”. How good is this news from the valuation at already a 9.5p share price comparing to a 6.75p offer price tip just in April?

---

86 days ago

Johnson Service Group – despite “challenges”, a “continues to expect to deliver another year of progress” Buy

Johnson Service Group (JSG) has issued a trading update including “notwithstanding the challenges being experienced within hospitality, the board continues to expect to deliver another year of progress and margin improvement… on track towards achieving our targeted adjusted operating margin of at least 14.0% in 2026”.

---

86 days ago

A reader has a problem and asks if you can help

A reader writes…

---

86 days ago

Tom Winnifrith Bearcast: I despair

At bad VAR decisions in the football but more about the Gazan family of 18 we will all now be housing and funding. The UK presses the self destruct button yet again. I consider UK GDP Growth Foxtons (FOXT), note events in Iran and Bluebird Mining Ventures (BMV)

---

86 days ago

I’d bet the ranch on Jardine Cycle & Carriage says Craig (of Union Jack fame)

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Eleventh up is Craig Howie.

---

86 days ago

I’d bet the ranch on Amaroq says Andrew

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Tenth up is Andrew

---

87 days ago

Tom Winnifrith Bearcast: C'mon England Sink the Argies!

I start with world cup football plans for tonight and memories from Greece. Then monsters spoofs from cash strapped London Bitcoin Company (BTC) and Hamak Strategy (HAMA) and a strange announcement from Sealand Capital Galaxy (SCGL). If you are bored at half time YOU KNOW WHAT TO DO.

---

87 days ago

I’d bet the ranch on Worsley Investors says Gareth of Belgrano Caption Contest 2013 infamy

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Ninth up is Gareth Of Belgrano Caption Contest 2013 infamy

---

87 days ago

Nuburu Inc – Alessandro Zamboni proposes to off the scale dilute the gerbils yet again

Yesterday Alessandro Zamboni’s US bezzle Nuburu (BURU) announced the commencement of a proposed best-efforts public offering of up to $38 million of securities of the Company.  Rather ambitiously “the offering is expected to be priced above the current market price of the Company’s common stock, with a proposed public offering price of $0.1555 per share representing a 5% premium to the closing price of the Company’s common stock on July 10, 2026. The offering is subject to market and other conditions, including final pricing negotiations, and there can be no assurance as to whether or when the offering may be completed, the actual size of the offering, or the final terms of the offering.”

---

87 days ago

Video: Konstantin Kisin takes apart Burnham's fave wealth inequality "expert", the yobbish Gary Stevenson

Enjoy. The takedown of the media darling so beloved at the BBC and by our next PM Bodybags Burnham is brutal

---

87 days ago

I’d bet the ranch on Visa says Gordon G. from Norfolk

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Eighth up is Gordon Gecko from the cousin marrying heartlands of Norfolk

---

88 days ago

Tom Winnifrith bearcast: Being lied to and treated as 2nd class citizens: selective hosepipe bans

I discuss the double lie about why there are bans and how alarm clock man should feel rightful anger about their selective nature. Then it is BSF Enterprise (BSFA), Colin Turd's Galileo (GLR) for whom AIM Rules appear not to matter, Headlam (HEAD) and Kefi Gold & Copper (KEFI), will anyone bid? Finally PLEASE keep send in your bet the ranch essays.

---

88 days ago

Amaroq – further funding for “high impact” and “potential large scale” ‘strategic metal’ exploration, still a winning share tip Buy

Amaroq (AMRQ) has announced a “subscription agreement… to provide further funding to support its 2026/27 exploration programme and related activities; specifically the high impact Ilua rare earth project, which is currently being drilled, and the Minturn, potential large scale iron ore and IOCG, project in the north of Greenland”.

---

88 days ago

EXPOSE: Sarah Willingham’s Nightcap has begging bowl out again – wants to raise £9m

Talk about chucking good money after bad. A City source says that Dragon’s Den fallen star La Willingham has the begging bowl out yet again. Over at Companies House…

---

88 days ago

I’d bet the ranch on Diageo says Ed from Islington

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Seventh up is Ed from Islington

---

88 days ago

How Crooks use EU law still applying in the UK to stop Shareprophets exposing them

If you do not like an article on the interweb you do not under EU law, which still applies in the UK, to prove its defamatory to get it yanked from a google search engine. Hence in the past folks including the snake oil salesman and charlatan Darren Winters and members of the Quindell fraud gang have simply alleged that our articles are defamatory to google and they are yanked from the search engine everybody uses. Thys Winters was able to continue stealing folks cash with no warnings visible from me. But now the law has got even more bonkers.

---

88 days ago

I’d bet the ranch on Chancery Royalty says Tom L.

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Sixth up is Tom L.

---

89 days ago

easyJet – now possible offer competition with a higher price. What to do?…

Most recently on easyJet (EZJ), we noted agreement in principle on the key financial terms of a recommended cash offer of 690p per share but, with the gap to that from a 614p share price and having already de-risked a bit and still some potential for rival interest, to continue to hold the rest. Now another “possible offer” announcement.

---

89 days ago

Tom Winnifrith Bearcast: Eurasia and Nanopore and the maths on the cash burn

I look back at events in the UK from Greece with sadness and shock. Then Oxford Nanopore (ONT) and Eurasia Mining (EUA). Please please keen emailing over your bet the ranch ramps!

---

89 days ago

I’d bet the ranch on Rua Life Sciences says Nicholas

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Fifth up is Nicholas.

---

89 days ago

Video: Go all in on silver

Economist Dr. Nomi Prins looks at the most significant investment opportunities in a market she sees as distorted by exaggerated paper selling. She argues that silver presents the greatest potential due to a historic disconnect between its heavily traded paper price and a persistent six-year physical supply deficit. Despite price volatility driven by algorithmic and ETF trading, demand for physical ounces from industry, particularly from Asia for solar applications, remains insatiable. Pure-play silver miners, which remain highly profitable even at current price levels, are therefore positioned as attractive opportunities, she argues. 

---

89 days ago

I’d bet the ranch on Metals Exploration says Lloyd

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDINGIN ENTRIES. Fourth up is Lloyd.

---

89 days ago

The David Lenigas ramping London Bitcoin Company ( shares down 97% in a year) part 2

As I noted last week, the London Bitcoin Company (BTC) faces a fiat lack of cash crisis unless it is dumping its bitcoin fast. Shareholders who bought at peak ramp 56p last June now own shares trading at just 1.45p. And talk of ramping, boy did David Lenigas take to X to ramp away. Part 2 of the rampest is below, part 1 was here

---

90 days ago

Tom Winnifrith Bearcast: The City's most hated man in praise of the City's second most hated man

I discuss Richard Jennings, Kazera Global (KZG)  and overpaid ED and NED failures

---

90 days ago

I’d bet the ranch on BP Marsh says Cornishman

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE. Third up is Cornishman.

---

90 days ago

The David Lenigas tweets ramping London Bitcoin Company ( down 97% in a year) Part 1

As I noted last week, the London Bitcoin Company (BTC) faces a fiat lack of cash crisis unless it is dumping its bitcoin fast. Shareholders who bought at peak ramp 56p last June now own shares trading at just 1.45p. And talk of ramping, boy did David Lenigas take to X to ramp away. Part 1 of the rampest is below, more later

---

91 days ago

Video: Why Gold Is Still ‘Stupidly’ Under Owned, Oil Shortages, Silver & more

Legendary resources investor Rick Rule says that the easy money in commodities has been made, but the “sure money” lies ahead, particularly in gold. Rule explains that gold maintains purchasing power, having increased at 8% compounded nominally in US dollars over 26 years, while he predicts the US dollar could lose 75% of its purchasing power in the next decade.

---

91 days ago

I’d Bet the Ranch on Global X Silver Miners says reader David

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE. Second up is David.


---

91 days ago

Podcast: Barry Downes on the AI bubble and on Catenai

Even Barry who is fully invested in AI admits its a bubble. We discuss how and when it pops. We also look at Catenai (CTAI)

---

91 days ago

I’d Bet the Ranch on Anglo American says reader Charles

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE. First up is Charles

---

92 days ago

Tom Winnifrith Bearcast: Bullshitting CEOs

Keep the ramp your fave stock /win a luxury holiday/ make Mrs W happy entries coming in. PLEASE PLEASE. In the podcast I discuss European Green Transition (EGT), Golden Prospect (GPM) and FalconEdge (EDGE)

---

92 days ago

Andy Burnham’s fave "economist" the yobbish equalities loon Gary Stevenson exposed

A former City trader the yobbish Stevenson has become a media celeb and darling of the left. As he rants about growing inequality and how the UK must address that if it is to survive, folks like comrade Brian Basham send me his vacuous and misguided utterings as if he is the new Keynes. There is talk of Andy Burnham giving him a role in Government.

---

92 days ago

BREAKING: Falconedge – the maths from PR Genius Steffi & the gang just does not add up

Falconedge (EDGE) the joke bitcoin in treasury company blessed with no less than three spiv brokers, a NED in PR genius Steffi ( on a £3,000 a month screw) and a host of other red flags has issued an update on its June performance. But I do not understand how the numbers add up. Can someone cleverer than I when it comes to crypto ( Jimbo?) explain?

---

92 days ago

Video: gold and silver are where to invest, critical minerals are a “disease”!

Asset manager Tavi Costa is not holding back.

---

92 days ago

Reveille IPO: the son of the sock king speaks with forked tongue

The latest company to list on the AQSE lobster pot is, Reveille Resources (REV) a start-up player seeking to mine Uranium in Italy. For reasons you can well imagine uranium mining is something of a hot potato and even if a commercial resource is located, do not bet the ranch on mining permission being obtained. And its management speaks with forked tongues.

---

92 days ago

Victrex – positive trading statement, recovery and income Buy

Most recently on ‘high performance polymers’ company Victrex (VCT), in May with the shares at 630p we concluded the valuation meant we’re prepared to give recently-appointed CEO James Routh a bit of time to try to implement the ‘profit improvement plan’. Now a “Trading Statement” and what of the shares currently rising above 650p in response?

---

92 days ago

Podcast: An Interview with Cathal Friel of European Green Transition

I was going to leave this until I got to Greece but in this interview I recorded on Tuesday Cathal Friel pains such a compelling buy case for European Green Transition (EGT) that it would be wrong to hold it back. Listen to the numbers in the podcast then tell me why the shares, at 8.75p, are not compellingly cheap.

---

93 days ago

Hewie Rattray of London Bitcoin and two videos from less than a year ago - boy does he look a monumental prat & arrogant young man

Shares in London Bitcoin (BTC) have plunged from 56p to just 1.45p in less thana year and, as I explained earlier, have a long way to fall further. CEO Hewie Rattray who masterminded buying bitcoin at up to $119,000 ( its now $63,500) is an arrogant young man. Watch the videos below as he explains less than a year ago how Michael Saylor is a genius with no need to hedge, Warren Buffett is an "old dude" who does not know what he's talking about and how there is no point dollar cost averaging, you just buy as much bitcoin as fast as you can. Young folks eh...they always know better.


---

93 days ago

Tom Winnifrith Bearcast: Do you believe?

I again beg you to enter a free contest with a prize of a luxury holiday in Greece. Then I look at Eco Buildings (ECOB), AstraZeneca (AZN), Avacta (AVCT) and Colin Turd's Kendrick Resources (KEN)

---

93 days ago

London Bitcoin Company: fess up needed on fiat crisis

On March 5 the David Lenigas spoof London Bitcoin Company (BTC) ‘fessed that it had been forced to sell 5.99 of its bitcoin to realise $474,409 to pay bloated PLC costs as well as its early stage gold exploration activities. Since then, the bitcoin price has fallen sharply meaning that the company’s 1000 strong bitcoin mining fleet will be burning even more cash. In short London Bitcoin must be almost out of fiat and struggling to pay its bills.

---

93 days ago

Is there now any case for backing star fund manager Terry Smith?

It is hard not to admire Smith’s work on forensic accounting or his historic track record as a fund manager. He is one of the stars of the fund management galaxy. But has he lost the plot?  I ask readers who are more familiar with thus sector than I, a failed fund manager, to read the comments below and explain if there is any case at all for now backing Smith. It seems, that he is, as Neil Woodford did, abandoning the disciplines that made him great as a sign of desperation.

---

93 days ago

BHodl – Nonsense on Stilts continues amid share price collapse

Just as the bitcoin in treasury bubble was bursting BHodl (HODL) raised an amazing £13..8 million in September 2025 and listed on the AQSE lobster pot. Today the shares are just 4.5p mid, a market cap of £6.4 million, as the company announces yet more nonsense.

---

93 days ago

Hamak Strategy Pig & Pork, Fiat crisis, placing ahoy

Hamak Strategy (HAMA) has today announced a pig and pork deal. Given that it is running on vapours this is presumably a prelude to a discounted placing. Let me explain the shenanigans at this company chaired by Bernie Madoff fan-girl in chief Nicola Horlick.

---

93 days ago

Victoria no longer a short says Evil Banksta although he still is

Liverpool’s Greatest numbers man since Ken Dodd, Evil Banksta admits that yesterday’s news from carpets roll up Victoria (VCP) is good news. The shares are still overvalued but it is not necessarily a short. Echoing my thoughts in bearcast, Mr Banksta explains:

---

94 days ago

Welched on by the Welsh Choir: We upgrade!

The Welsh Choir had known about Sharestock for months but last night…boom I am sorry we have a concert in Cardiff the next day and cannot do it. I sense a better offer has come up and it is okay to let me down. Well feck you. I have an upgrade

---

94 days ago

Foresight Group – full-year results, still income value

‘Investment manager in real assets and capital for growth’ Foresight Group (FSG) has announced its results for its year ended 31st March 2026 emphasising “investors continued to back our strategies with record retail fundraising of £630 million - a fifth successive year high - alongside institutional momentum in our flagship FEIP II strategy and our regional private equity funds”. What has that resulted in relative to a current around 450p share price, £500 million market cap?

---

94 days ago

Tom Winnifrith Bearcast: after polishing a bird yesterday, when's the next discounted placing Mr Turd?

Keep the entries to the make Mrs W happy contest flowing please. In today's podcast I apologise for my sins yesterday then discuss Kendrick Resources (KEN), Victoria (VCP), Andrew Monk's VSA Capital (VSA) and Futura Medical (FUM).

---

94 days ago

Video: Sentiment ‘Unbelievably Lopsided’ for Gold, Still ‘Very Undervalued’, Silver and Oil

Asset manager Adrian Day sees a significant opportunity in the resource sector, noting that gold and silver equities are trading at valuations near all-time lows, compounded by deeply negative sentiment. He points out that bullish sentiment for gold has plummeted to single digits, even hitting zero percent on one occasion, creating what he views as an exceptionally lopsided and contrarian setup.

---

94 days ago

Union Jack Oil Letter to FCA & AIM Regulation

Ut is quite clear that David Bramhill breached the Companies Act 2006 in adjourning the AGM of Union Jack Oil (UJO) to thwart shareholders whom Union Jack now admits wanted to vote him and his gang off the board. This may allow Bramhill to bully his shareholders into accepting a duff offer from Reabold Resources (RBD) as he will control what they are told. I am afraid that I do not expect the FCA or AIM Regulation to address what appears a criminal act and a clear denial of shareholder democracy, but I want it on record that they were alerted and did nothing.

---

94 days ago

Craig Howie played by David Bramhill re Union Jack EGM: this is getting embarrassing

I support Mr. Howie in his attempts to oust the troughers of the David Bramhill gang at Union Jack Oil (UJO) but his advisors are embarrassing themselves being played for fools by Brammers.  Today Union Jack accepts that Howie has legitimately called an EGM with his buddy John Americanos to change the board. But…

---

95 days ago

Helping Me, Helping You – an appeal from Mrs Winnifrith (11 entries in, so enter now for a 1 in 12 chance of winning a luxury Greek holiday)

Of course the Mrs. has kept her Maiden name as all progressives do. But she has a favour to ask of you all and it is a chance to help yourself as well.

---

95 days ago

Tom Winnifrith Bearcast: Craig Howie needs to pull his ffing finger out and Injunct Union Jack as loathsome David Bramhill admits he breached Companies Act

Howie's advisors have been useless, repeatedly insisting they know better than old TW and allowing Howie to be played by David Bramhill at Union Jack Oil (UJO) as a result. Now I warn him that unless he injuncts Union Jack he could lose by the back door as Bramhill gives a new AGM deadline and admits to the Companies Act breach.

---

95 days ago

Letter to AIM Regulation: Microsalt statement needed & possible share suspension as well

Shares in companies valued at £20 million do not collapse by 40% in just five days for no reason at all. Even on the AIM casino. I have written to the Oxymorons at AIM Regulation regarding Microsalt (SALT). It and its Nomad Zeus should be forced to issue a statement

---

95 days ago

A letter to the CEO of Reabold Resources: 9 Questions on Fiduciary Duty, a slumping share price, Union Jack's board & other matters

I have dropped a note to Sachin Oza, the CEO of Reabold Resources (RBD) with a series of questions regarding his company’s all paper bid for Union Jack Oil (UJO) in light of matters happening today

---

95 days ago

BREAKING: another headache for Bluebird’s Sath Ganesarajah – The Insolvency Service

There was another corporate update from Bluebird  Mining Ventures (BMV) yesterday. Gallons of MBA wankspeak cannot hide the fact that the company is guzzling cash, largely in related party deals and management troughing, and is running on vapours. As if that was not bad enough, the FCA is all over CEO Ganesarajah over misleading statements made in RNS’s and the City’s second most hated man Richard Jennings is suing  Sath for more than £500,000. And now…

---

95 days ago

Futura Medical: a £2.5 million company with a £7.5 million black hole: go figure

Haleon walked from a US distribution deal and Futura Medical (FUM) the company whose ED product Eroxon has been such a flop with customers, admits that it will now run out of cash by October. So how much does it need to keep going? The company’s broker, the scholars and gentlemen round at Turner Pope admits the awful truth.

---

95 days ago

Quantum Data Energy – a rather leisurely audit timetable

Yesterday Quantum Data Energy (QDE) updated the timetable for publication of its audited accounts as follows:

---

96 days ago

Tom Winnifrith Bearcast: expecting news later today as I make choc chip mint ice cream

I start with two housekeeping matters: begging you again for the Mrs and also Sharestock.  Then it is Union Jack Oil (UJO), ITV and Sky and Valereum (VLRM).

---

96 days ago

Phoenix Copper – read the small print after placing completes – there is another one just weeks away!

This is the company where the former chairman and CFO half inched $1.7 million over nine years with no fellow directors or the auditors noticing. Worse still Phoenix  Copper (PXC) was bailed out last December by murky offshore death spiral hoods Indigo of BSF Enterprise (BSFA) infamy. Now there is a placing and retail open offer for morons only but read the small print.

---

96 days ago

If Liam Murray is on pot, Ross Andrews at Guild must be on crack cocaine: Valereum QGP update

What on earth is Ross Andrews at Guild Advisory taking so that he can attach his name to the latest gibberish from the £15 million Valereum (VLRM) bezzle. On AQSE Directors take responsibility for an RNS as opposed to Aim where an advisor must verify it as true, but does Andrews have no shame as we get the latest updated nonsense on the deal with Quorium Global Photonics, the Cayman start up run by the son and business partner of a convicted ponzi fraudster.

---

96 days ago

Evil Banksta: Microsalt needs annual sales of $137.4 million to be fair value. Sales last year were $2.1 million

Liverpool’s greatest numbers man since Ken Dodd, the 55 year old sole member of Bexley Young Conservatives, Evil Banksta, says that you cannot short Microsalt (SALT) but he wishes he could. His maths is compelling.

---

96 days ago

Atlas Metals – It just cannot be serious!

What are they smoking round at Strand Hanson towers? Today we have another update from its client Atlas Metals (AMG) the £2.7 million capitalized company that is planning a £1 billion RTO of technically insolvent Universal Pozzolanic Silica Alumina Ltd.

---

96 days ago

Valereum: Annual Report – how can this be justified? Is this another Porsche funded by shareholders?

I shall turn to today’s news from the Valereum (VLRM) bezzle shortly but in today’s RNS chairman  James Bannon states: “Our responsibility is to protect shareholder interests.” He is ‘avin’ a Turkish. Look at the 2025 annual report.

---

96 days ago

MicroSalt – when is the placing? This is not rocket science.

Microsalt (SALT) is part of the TekCapital (TEK) nest of snakes. Tek buys crap companies for peanuts, funds them, usually with debt, then lists them at a crazy price so it can get its debts repaid and flog shares. That allows it to buy another shitco for peanuts and, more importantly, to fund bloated PLC costs. Rinse and repeat. Microsalt is revolutionising the world of salt….whatever. It is almost Woodfordesque. Now do the maths.

---

97 days ago

Tom Winnifrith Bearcast: easyjet agrees a bid at 690p, Steve & I vindicated, I want more takeovers of UK companies

I discuss easyjet (EZJ) and in a similar vein Amaroq (AMRQ) and bids in general before moving on to questions for Union Jack (UJO) and disgraced trougher David Bramhill and his company secretary.

---

97 days ago

BREAKING: David Bramhill at Union Jack and the $50,000 question

David Bramhill of Union Jack Oil (UJO) seems to be in all sorts of trouble with the Takeover Panel for publishing paid for research during a takeover paid. Union Jack is doing its utmost to remove the "research" from the interweb but it’s too late, it is out there. But there is a bigger question for me.

---

98 days ago

Tom Winnifrith Bearcast: taxing Amazon ( or rather you and me) to save the High Street will not work

Amazon dodges UK tax and is American so is a soft target but the idea that it can be taxed into line by Comrade Bodybags Burnham and that this will save the High Street is for the fairies,

---

98 days ago

Nuburu and some desperate ramping by Alessandro Zamboni as the trapdoor of death nears

Alessandro Zamboni’s Nuburu Inc (US:BURU) is struggling to keep its share price above the American Stock Exchange delisting floor of $0.1, with its shares closing on Friday at $0.1252.  This follows a previous trading halt in February 2026.  At that time Nuburu executed a 4.99 reverse stock split or consolidation as we call in it in the UK, which was effective on 1 March 2026.  This increased the share price but the constant issuance of shares has seen the price dropping.  Nuburu can’t perform another reverse split until 2 years after its last 40 for 1 split on 10 July 2024 because the American Stcok Exchange doesn’t allow for more than a 200 for 1 reverse split within a 2-year period.

---

98 days ago

Video: AIM has for 30 years offered a stamp of global credibility! I kid you not!

As the clock chimed 13, Big Brother stood on the steps of the London Stock Exchange as it announced a rebrand of the AIM Casino stating that for 30 years it had offered a "stamp of global credibility" to companies seeking growth. I kid you not, the video from the rebrand is below. As it praises the entrepreneurs, men like Dave Lenigas, Rob Terry, Pirate Pete Landau (now in jail), convicted heroin dealer Frank Timis, Houyan Lin, those Bubbles from the Globo fraud. and financiers, men like Roland "Fatty" Cornish, for their commitment to growth I challenge you not to barf. With AIM at its lowest level of companies in 25 years,, the LSE is so far up De Nial it is now way past Khartoum.

---

98 days ago

BREAKING: Union Jack Oil X account disappears as does dodgy US paid for research

I sense that the Takeover Panel has been all over the rascals at Union Jack Oil (UJO) as things are disappearing as if this Bath based company has moved into the Bermuda Triangle.

---

98 days ago

AIM Market – June 2026 was the best monthly showing in years! But…

The AIM Market statistics have arrived and show unusually for the market that there was no decline in the number of companies listed, which stayed the same at 605 companies. Standstill rather than decline is the best monthly showing in years! But…

---

99 days ago

Tom Winnifrith Bearcast: Ranald is such a naughty boy!

I repeat my appeal of yesterday, the Mrs begs you to help out. Then it is Satsuma (SATS) and Union Jack (UJO) and why I have no faith in the Police.

---

99 days ago

Video: an historic opportunity in gold equities

Well let’s hope so.

---

99 days ago

Reporting David Bramhill to the City of London Police

Nobody should be above the law and David Bramhill of Union Jack Oil (UJO), in my view, breached the Companies Act 2006 for personal gain. U maybe wrong but it is right that he be investigated.  I have therefore reported him to folks I have worked with before on another matter at the fraud Unit at the City of London Police asking them to investigate whether a crime has been committed. The formal letter is below.

---

99 days ago

BREAKING: Union Jack EGM demand going in next week to stop £5,000 a day being wasted

The situation at Union Jack Oil (UJO) is now just ludicrous. Shareholder cash is being spaffed at a rate of at least £5,000 on a day on a n all paper bid from Reabold (RBD) that cannot succeed. Just do the maths.

---

99 days ago

BREAKING: Richard Jennings now at war with poisonous frog Cedric Simonet as shares tank

Picking a fight with the City’s second most hated man after myself, Richard Jennings is the act of a madman. I am actually quite a nice guy although you should not tell anyone as I have a reputation to preserve. When Jennings is enraged he is a complete barstool.

---

100 days ago

Tom Winnifrith Bearcast: Being fair to Nigel Farage

I am far from an uncritical fan of Nigel as my coverage of Stack BTC (STAK) shows. I also called Farage out for endorsing the Tingo fraud. But I speak in his defence today. Then it is Union Jack (UJO), a growing scandal, Hamak (HAMA) and what Nicola Horlick does NOT say and finally Oxford Nanopore (ONT) where I am a vindicated perma bear but think the short case at a £1.2 billion value is very much in tact. 

---

100 days ago

Letter to FRC and AIM regulation: should the auditor or the Nomad be sanctioned? 1 must have misled investors!

The company in question is, of course, Union Jack Oil (UJO) run by trougher David Bramhill who broke the Companies Act 2006 to keep his job  by adjourning the AGM last Friday.  The recommended, albeit doomed to fail, offer by Reabold Resources (RBD) now begs the question of whether it is the Nomad SP Angel or the auditor Crowe LLP that has allowed dangerously misleading statements to be issued. I have written a letter to my good pals at the Financial Reporting Council and my not so good non pals, the Oxymorons at AIM Regulation, suggesting that they jointly establish which advisor has acted with a bent management team to mislead investors.

---

100 days ago

Video: Oil Tank Bottoms Imminent, Decade-Long Bull Run in Gold & Global Crisis

Legendary Author and investor Doug Casey is no crony capitalist cliche and soundbite merchant but has made real money risking his own capital. He starts his thesis in Iran.

---

100 days ago

BREAKING: Union Jack Oil – Craig Howie off to Takeover Panel to block the Reabold nonsense bid

To secure a £220,000 ( pre-tax) payoff for himself, Companies Act 2006 breaking, trougher David Bramhill is recommending that shareholders in Union Jack Oil (UJO) accept an all paper offer from a company whose last accounts came with a material uncertainty warning. This is madness on stilts and if there were any independent NEDs at Union Jack ( there is now just one who is a paid poodle, Zac Philips) the bid would have been rejected at once. Reabold needs 75% of those voting to accept.

---

100 days ago

Hamak Strategy: More smoke and mirrors vicar?

You need to do the maths to see how today’s news of a rejuggling of a loan made by Yanky death spiral provider Yorkville to gold and shitcoin in treasury company Hamak Strategy (HAMA) is all smoke and mirrors. Chairman and Bernie Madoff super-fan Nicola Horlick will not admit it but Hamak is in the financial merde.

---

100 days ago

Union Jack Oil: How did Nomad SP Angel sign off on this barefaced going concern lie?

It is almost as if Nomad SP Angel of the fraud Mysquar infamy is morally bankrupt…

---

101 days ago

Sharestock Programme change: more controversy vicar?

Thanks to our IT genius Darren I have no idea how many tickets are left for Sharestock on September 5 but I think it is now 5. And as a free speech event I am going to make it even more sparky.

---

101 days ago

Tom Winnifrith Bonus Bearcast: late in the day Reabold bids for Union Jack: lies, nonsense built on stilts and doomed to failure

The all paper offer is here. Shame on David Bramhill, it is a disgrace. And it is doomed to fail. I discus another episode of infamy for AIM.

---

101 days ago

Tom Winnifrith Bearcast: dancing on data eggshells & a douchebag in a castle

I start with an article I penned on my own website earlier HERE and a claim made by Diane Abbott re deaths of babies and NHS racism.  Then I look at Union Jack (UJO) and its resigning broker. Then why Clem Chambers is a douchebag and his Monaco residence versus my Welsh Hovel proves nothing. Then  Skinbiotherapeutics (SBTX) and setting a couple of denialists straight. Finally the issue of shares suspensions and late accounts.

---

101 days ago

Valereum Results – you just cannot be serious!

The biggest bezzle on AQSE, Valereum (VLRM) has issued calendar 2025 results.  CEO Gary Cottle just cannot be serious.

---

101 days ago

Petra Diamonds: more worthless shares vicar?

As myself and Evil Banksta, Liverpool’s Greatest Numbers Man and advocate for a low tax state  since Ken Dodd, have often pointed out, shares in drowning in debt Petra Diamonds (PFL) are going to zero. Our most recent warning of many was HERE.  Today  comes an admission of how dire things are.

---

101 days ago

Video: oil to surge, the end of democracy and gold to $3500 says a rogue and a pompous prat

You would have thought after the scandal at Online Blockchain and his eviction from ADVFN that portly windbag Clem Chambers would be keeping his head down. But he loves the sound of his own voice too much. Quite why anyone listens to the old rogue is beyond me but for what its worth…

---

101 days ago

Kefi Gold & Copper – AGM further highlights ‘arry Adams and the board’s unpopularity, a Buy for change ahead…

In an AGM statement Kefi Gold & Copper (KEFI) Executive Chairman Harry Anagnostaras-Adams states early “in Ethiopia the Tulu Kapi gold project is about to enter month 4 of its 27-month development schedule… The Saudi operating entity is 13%-owned… has discovered and reported an aggregate in-situ metal value of approximately double that which is currently reported at Tulu Kapi” but later admits the company “clearly under-estimated these historical challenges and for that I take much of the responsibility”. If so, why has 'arry been awarded such huge bonuses? That, for which he does not apologise, suggests his words are meaningless.

---

101 days ago

Clean Power Hydrogen – another tale of AIM mug punters being debagged

Clean Power Hydrogen (CPH2) is the sort of cash guzzling producer of jam tomorrow which has helped to make AIM the world’s most successful growth market. Today the sort of debagging of mug punters that makes you despair.

---

101 days ago

The real scandal of the £250,000 homes handed to migrants in Shropshire, the asylum claim of Muhammad Nadeem

In rural Shropshire a quarter of a million buys you a fairly decent new build house. Hence there is some anger from locals, whose kids struggle to get on the housing ladder, that 21 homes on a new estate at Stoke Heath have been bought by Serco to house 83 asylum seekers who will be living there for free while funded on benefits. But to me the real absurdity of the asylum laws is revealed by the 1 family of asylum seekers already on site. That is Muhammad Nadeem, Shamaila and their four kids.

---

101 days ago

BREAKING: Union Jack, damning emails from the Porsche driving twitter gimp emerge - have you been groomed by David Bramhill?

Oh dear, Oh dear as Old mother Mike Walters used to say as yet another one of his tips went disastrously wrong, and he did indeed tip Union Jack (UJO), now 93% down on its IPO share price. Thanks to Winnileaks I can bring you a damning set of emails from Chris Bailey, the twitter gimp for whom an £82,000 Porsche was bought by the company. He cc’s in NED Zac Philips so is clearly acting on a mandate.

---

102 days ago

BREAKING: Broker Zeus resigns from acting for Union Jack Oil! GOTCHA!

The position of David Bramhill and the troughers at Union Jack Oil (UJO) is now wholly untenable.  On Friday Bramhill acted, as I exposed HERE,  ultra vires to adjourn an AGM which was set to boot him and his fellow fat cat incompetents off the board. His pretext was a possible all paper offer from Reabold (RBD) but today Reabold published accounts with a material uncertainty. Not even Bramhill can recommend a paper offer from such a company. It gets worse  for Brammers, as I can reveal…

---

102 days ago

Tom Winnifrith Bearcast: Reabold's material uncertainty today shows what a shyster David Bramhill is, the fall of Harry Adams and end game for bitcoin?

I start with Reabold Resources (RBD) and how its results show what a joke it making an all paper offer for Union Jack Oil (UJO) is. Then to Kefi Gold & Copper (KEFI) and more questions for Harry Adams who must be on his way out after today. Finally, bitcoin, bitcoin mining, bitcoin in treasury, London Bitcoin Company (BTC), Smarter Web Company (SWC) and more

---

102 days ago

QinetiQ – a well-positioned for “sustainable growth and strong multi-year cash flows” value Buy?...

With recently-announced results for its year-ended 31st March 2026 including noting adjusted earnings per share up 21% to 31.5p and dividend per share up 24% to 11p - including 8p to be paid on 20th August with an ex-dividend date of 23rd July - we suggest there is value in shares in this group “playing a critical role in the modernisation of defence platforms and technologies”.

---

102 days ago

More smoke and mirrors vicar – will Eight Capital Partners ever receive bond principal of £33,635,000?

Dominic White and his fellow prospectus fraudster Martin Groak founded Eight Capital Partners (ECP) released its results and audited accounts for the year ended 31 December 2025 today which showed a profit of £3,539,000 and net assets of £35,695,000.  But though Groak and White have retired from the front line, this is all smoke and mirrors

---

102 days ago

Is Harry Adams of Kefi a liar? AGM Comment today

There are many folks out there who are also asking whether the Pope is a Catholic. But I give Harry Adams the benefit of the doubt. Even after today’s bombshell news from the AGM, I come not to bury Harry Adams for he is an honest man. However…

---

102 days ago

Letter to FRC: Powerhouse Energy accounts 2025 and auditors Barnes Roffe, a formal complaint

Yesterday Powerhouse Energy (PHE) published its calendar 2025 annual report audited by Barnes Roffe Audit Limited. There is no material uncertainty warning. There should have been. As I discussed HERE Barnes Roffe has not shown any professional scepticism with regard to management forecasts. I have written to my good pals at the Financial Reporting Council.

---

102 days ago

BREAKING: 42% vote against Kefi Report & Accounts this is massive! Adams promises to go but only after he has bagged another £3 million in cash!

My man at the AGM says that trougher Harry Adams has just ‘fessed that 42% of votes cast were against the approval of the Annual Report. This is just massive.

---

102 days ago

Told y’all: Pri0r1ty Intelligence Group serves up piss poor interim results

Pri0r1ty Intelligence (PR1) today published its interim results for the six months ended 31 March 2026 and at least  revenue increased from £37,000 to £359,580 a welcome increase.  Sales, however, are vanity. Unfortunately, costs were up and losses increased from £860,267 to £878,009. It gets worse!

---

103 days ago

Tom Winnifrith Bearcast: an old foe remerges among numerous red flags in the Cloudified Holdings AIM sewer RTO

I start with Powerhouse Energy (PHE) and why I am off to the FRC tomorrow. Then the proposed RTO at Cloudified Holdings, formerly Falanx, even the vicar cannot handle this many red flags as an old foe attempts a stockmarket comeback.

---

103 days ago

EXPOSE: Quantum Blockchain Technologies, accounting blunders and hidden monumental troughing by the boss

Quantum Blockchain Technologies (QBT) is the sort of company that gives AIM a bad name.  Quantum says that it is focused on proprietary research and development programme to improve the efficiency of Bitcoin mining through artificial intelligence, software and hardware-led innovations. Whatever. It will not surprise you that it operates in the jeux sans revenue space and always has and, IMHO, always will.

---

103 days ago

Letter to FCA & FRC re Satsuma Technology and accounts cover up

I explained yesterday why Satsuma (SATS) not filing its accounts so meaning that its shares will be suspended on Wednesday is a cover up and an abuse of basic accounting rules. I hope that the Financial Reporting Council and the FCA will make that clear to Satsuma so force it to publish the numbers ASAP and certainly ahead of a planned GM. My letter has just gone off and is below.

---

103 days ago

John Gunn AIM flop Octagonal Limited – after almost 5 years an opportunity for private investors to exit

David Lenigas and Jason Drummond buddy John Gunn’s Octagonal (OCT) cancelled its trading on AIM on 21 January 2021. It was a perma dog about which I warned numerous times for all sorts of reasons. Of course some folks knew better than old TW.

---

103 days ago

Skinbiotherapeutics Presentation – a curate’s egg

"You are not answering the f*cking question" I screamed at my screen as Alyson Levett failed to answer one of the questions I posed. Up until that point I was really quite impressed. So what are the key takeaways from today’s Investor Meet event.

---

103 days ago

Powerhouse Energy Dire results, CEO walks and what is the auditor smoking?

The CEO Paul Emmitt is moving on for family reasons and Powerhouse Energy (PHE) has served up results which are predictably dire and show that only congenital; idiots would want to own the shares. The real question is what exactly is Jamie Hall, the auditor at Barnes Roffe Audit Limited smoking for there is no material uncertainty warning. Do the maths and have a butchers at calendar 2024 accounts while you are at it.

---

104 days ago

Tom Winnifrith Bearcast: A common thread at Union Jack, Satsuma and BSF Enterprise

It is all so depressing. Letters are going to regulators tomorrow. I discuss.

---

104 days ago

EXPOSE: Satsuma Technology: is Directors decision to delay publishing its audited accounts correct or a smokescreen based on false accounting claims?

On 24 June Satsuma (SATS) announced that there would be, at last, a vote on returning capital to investors although still leaving £2 million in the kitty after all winddown costs and on delisting to become an unquoted shell. It also said that its audited accounts will not be published by the June 30, 2026 deadline, leading to a requested trading suspension from July 1, 2026. I think that is not justified by accounting law and just a ruse to hide monumental greed. The consequent suspension disadvantages shareholders and, as such, regulators should be all over Satsuma and its board led by disgraced Ranald McGregor-Smith. Here’s why.

---

104 days ago

BREAKING Zeus Capital not paid by Union Jack and considering resigning as joint broker! Injunction Monday?

Oh dear, oh dear as Mike Walters used to say as yet another of his disastrous shares tips saw its shares plunge again. Down by 92% since its IPO while management has trousered millions, Union Jack Oil (UJO) is just the sort of shitco that Old Mother Walters would have loved. On Friday troughing chairman David Bramhill acted ultra vires to adjourn the AGM simply to stop him and his gang being votedo ff the board by shareholders. Things are now moving fast.

---

105 days ago

Satsuma – most disappointing, who's to blame for another City theft of punter wealth

Steve and I tipped this stock at 0.25p to buy. It is now 0.2p to sell. All involved should hang their heads in shame. Back in January shareholders in Satsuma (SATS) , revolted by the executive greed, and speaking for half the equity demanded wholesale boardroom change. But they were played. Chairman Ranald McGregor Smith and his sidekick Clive Carver have doubled their pay while pretending to cut costs and have delayed as long as possible demands that the company sell its bitcoin and return cash to shareholders.

---

105 days ago

Eco Buildings – reports progress in Albania, what about elsewhere?

Eco Buildings Group (ECOB) has now followed a “Milestone apartment block development in Albania” announcement with “Begins Work on AI-Enabled Housing Platform”. How significant are the announcements from a current 11.75p share price, £16.6 million market cap, valuation?

---

105 days ago

Tom Winnifrith Bearcast: Americanos fired, shareholders in Union Jack should prepare to sue David Bramhill for every penny he has

Now the only director shareholders in Union Jack (UJO) voted to keep has been fired by the three they wanted to vote out. I discuss AIM's worst run company, how it might end and how shareholders should, if Union goes bust, sue David Bramhill for every penny he has. 

---

106 days ago

easyJet – further increased possible offer rejected but a short Takeover Panel extension, what to do?…

Earlier this week we noted on easyJet (EZJ) that its ‘latest rejection sees possible offer taken public’, with Castlelake, L.P. “announcing this third proposal to enable easyJet shareholders to consider its merits and provide their views… to the easyJet board… following the rejection of three proposals by the easyJet board, and given its unwillingness to engage meaningfully”. That third proposal was at 625p per share and, with we considering the above suggested a higher price still likely possible on meaningful engagement, we concluded with the shares up to just above 520p to Hold. What about now “Possible Offer” updates and the shares up to 584p to sell?

---

106 days ago

Letter to Zeus Capital, AIM Regulation, the FCA and Nomad SP Angel: David Bramhill of Union Jack has acted ultra vires

As I noted earlier, David Bramhill of Union Jack Oil (UJO) knew that he and fellow directors would be ousted at the AGM today and thus acted to adjourn it which for all sorts of reasons was disgraceful. In an accompanying RNS he says he was entitled to do so under Union Jack’s Mems & Arts but that was a lie. He acted ultra vires. I have written to advisors and regulators demanding urgent action against Bramhill.

---

106 days ago

Photo Article & Caption Contest: Not the Bexley Young Conservatives but the Union Jack AGM today

You know it is not the Bexley Young Cons as there is no Evil Banksta present, the man known, aged 55, as “young Kevin” by his fellow party members, cannot be seen. The other clue is that there are at least seven folks in this photo, a number young Kevin could only dream of attracting. The number is important however as it is the Union Jack (UJO) AGM.

---

106 days ago

Tom Winnifrith's Bearcast No 2: For Matthew's Dog & Catriona, angry and stranded in Walsall and the disgraceful adjournment of the Union Jack AGM

I did not make it to Bristol as my car broke down on the M6. I have only just now got back from a happy time in Walsall or was it Wednesbury?. If you are thinking of a romantic weekend get away I would recommend you don't choose Walsall or Wednesbury. As it happens the A grade shit David Bramhill waited until 11 AM to adjourn the Union Jack Oil (UJO) AGM in Bristol in order to cling onto his job and expense account for a few weeks more. At every level what Bramhill has done is a disgrace and he should be cold shouldered and pilloried by all concerned as should his democracy denying sidekicks Zac Philips and Joe O'Farrell, lawyers Keystone, Nomad SP Angel and brokers Zeus. All should hang their heads in shame.

---

106 days ago

Tom Winnifrith Bearcast No 1: a reader says I must be psychic, I knew someone would say that!

I discuss the after hours heavily discounted and dilutive placings from Defence Holdings (ALRT) and Cirata (CRTA). Readers cannot say that they were not warned. The RNS's are almost word for word what was predicted by old TW.

---

106 days ago

BREAKING: The two drunks in a bar, Headlam and Victoria a non cash disposal to be announced next week

My man in the world of floor coverings has been in touch about the two drunks sprawling on the floor of the carpets lounge: Headlam (HEAD) and Victoria (VCP). Both are drowning in debt and liabilities and neither seems able to generate cash. So, what to do?

---

107 days ago

Tom Winnifrith Bearcast: one for Catriona and Matthew's Dog - I am so angry

Angry with various folks but especially myself for being so foolish. I discuss Satsuma (SATS)

---

107 days ago

Tom Winnifrith Bearcast: the fraudster's kids get in touch and was gold just a bubble?

I am working on a big story. I hope to run it next week. Its AIM, a Nomad, a board that should be deep merde and a convicted fraudster. Then I discuss today’s RNS from Eco Buildings (ECOB) – seriously it should pay me to consult on IR. Then gold, gold stocks and Kenmare Resources (KMR). Was gold just a bubble like bitcoin in treasury a reader asks

---

107 days ago

Three Questions for Bluebird Mining and its lyin' CEO

Oh for the days when CEO Lyin’ Sath Ganesarajah was going to put cash in via interest free loans convertible at 2p. Shares in Bluebird Mining Ventures (BMV) have today hit a new low of 0.0475p, a market cap of just £1.4 million. Less than a year ago Lyin’ Sath said he was going to make this a billion dollar ( or was it pounds) company!. Maybe he was talking Zim dollars? Three questions for Bluebird’s disgraced CEO:

---

107 days ago

Skinbiotherapeutics: GOTCHA! Incompetent FD Emily Bertram resigns with almost immediate effect

First it was the prolific liar and fraudster Stuart Ashman, then the incompetent chairman Martin Hunt and now I have a third scalp: Emily Bertram who was appointed as CFO  in April 2025 and joined the board in January 2026 has resigned from Skinbiotherapeutics (SBTX) and will leave the company next Tuesday. Another head I demanded has rolled.

---

107 days ago

Kefi – I have voted

I flagged up earlier today that Stifel is begging folks to vote for bad corporate governance at Kefi Gold & Copper (KEFI) where I am, of course, a loyal shareholder. It has prompted me to contact my broker, the dinosaur, and to vote myself.

---

107 days ago

EXPOSE: Astrid Intelligence – more red flags vicar? CEO Siam Kidd seems quite a fun guy…

The most obvious red flag is that it is promoted at least twice a week as a storming buy by brown envelope man Zak Mir which is perhaps one reason why shares in Astrid Intelligence ( ASTR) have fallen by more than 50% to just 0.09p since early February. Astrid is now on the AQSE lobster pot but in the days when it was a pot company called Cellular Goods, backed by David Beckham, it was on the main market. I called it out as a Jonathan Bixby/Michael Edwards POS then and boy was I right. So many gazillion shares have been issued to fund retained losses of £19.7 million since 2018 that the market cap is still £5.4 million.

---

107 days ago

A Cloudtag shareholder writes about the £44 million AIM FRAUD and my 249 exposes!

Back in the years 2015-17 Cloudtag (CTAG) investors used to say I was short, de-ramping, being paid by the Mossad to destroy a Great British company ( they really did say that) and that I should stick to cooking pizza and was an all round useless prick.  These days, as memories of a peak £44 million market cap in December 2016 fade,  those who ignored my advice to sell shares in the one time darling of the AIM casino say much nicer things. The lead claimant in a class action underway against Cloudtag but also, possibly others including Nomad Cairn has dropped me a note. He correctly identifies the much larger story than just another AIM fraud.

---

107 days ago

Duke Capital – full-year results, still an income value Buy

SMEs business capital provider Duke Capital (DUKE) has announced its results for its year ended 31st March 2026 including emphasising that it “remains confident that our portfolio and our business model are resilient across all market conditions: built to preserve capital and return a consistent stream of dividend income when conditions are difficult and to create value when they improve”.

---

107 days ago

BREAKING: Stifel begs investors to vote for shocking corporate governance at Kefi

Recently appointed as joint broker and advisor to a main market listing by Kefi Gold & Copper (KEFI), Stifel Europe has sent an email to investors begging them to vote for shockingly bad corporate governance. Luckily that email has fallen into the hands of Winnileaks and I publish it below.

---

107 days ago

BSF Enterprise, the share price maths at Frankenstein Meat Towers is awful – the stink goes back to Oak Securities

Shares in Frankenstein Meat company BSF Enterprise (BSFA) now trade at 1p giving a market cap of just £1.92 million. That is a massive problem because of Indigo Capital.

---

107 days ago

Ahead of the Friday showdown in Bristol our 32 most gruesome exposes of Union Jack Oil and its disgraced board

On Friday, shareholders in Union Jack Oil get to vote to sack the board at an AGM where both myself and Peter “fagash” Brailey will be attending. ShareProphets has been Union Jack Oil’s (UJO) case since 2019. Its shares have collapsed and its only response was to waste shareholders cash investigating myself, fagash and fagash’s girlfriend, as the board enriched themselves. Here are the 32 most gruesome stories.

---

107 days ago

Skinbiotherapeutics Investor Meet June 29 & my questions

Quite rightly most questions submitted to the Investor Meet platform ahead of the rampfest will be about forward guidance: what is the cash position now at Skinbiotherapeutics (SBTX), what is the cash burn, what are revised FY 2026 and 2027 estimates etc. But as a non shareholder and a nerd I have different questions that I have now submitted with no expectation at all of them being answered. I have asked:

---

107 days ago

easyJet – latest rejection sees possible offer taken public…

easyJet (EZJ) has announced that it considers a 625p per share possible offer proposal from Castlelake, L.P. as “highly opportunistic, delivered against the backdrop of easyJet’s temporarily depressed share price, and still fundamentally undervalues easyJet and its prospects”. What about that with shares in easyJet up to just above 520p?

---

108 days ago

Tom Winnifrith Bearcast: hard facts and guesswork

I start at a weather station by a river in June 1976 and at another one by a runway in 2026. Then it is Defence Holdings (ALRT) and Eco Buildings (ECOB).

---

108 days ago

Tern’s quite dreadful year end results, shares should at least halve from 1p.

Today, sub scale investment in rubbish AIM dog Tern (TERN) published its results for the year to 31 December 2025 which showed a loss of £5,089,148 and net assets per share halved from 2.0 pence per share to 1.0 pence per share. It is hard to know where to start with such a dog’s dinner

---

108 days ago

Defence Holdings: Putting 2 + 2 together, placing ahoy? Either way a stand out £45m short!

I have long pointed out that Defence Holdings (ALRT) is an over-hyped overvalued box of frogs. That the shares have slumped from 4.1p on October 1 last year to just 1.225p today vindicated my repeated warnings. Even today the company is capitalized at £45.5 million which for a cash guzzling company with SFA revenues and very little cash is bonkers. Now can I put 2 and 2 together and suggest that this is still a stonking short.

---

108 days ago

Saints Preserve me: I almost agree with disgraced fund manager and shamed share blogger Neil Woodford

Perhaps it is because the FCA is trying to stop Neil Woodford from giving investment advice that the old rogue is now opining on other matters. And Hell’s Teeth I almost agree with him.

---

108 days ago

Quantum Data Energy and its new auditor’s challenge

Following Crowe’s sudden and unexpected resignation on 28 April 2026, Quantum Data Energy (QDE) has appointed the tiny firm of Parker Russell as auditors with Jason Parker, the CEO and Managing Partner of the firm being the responsible individual i.e. the person signing the audit opinion.

---

109 days ago

Technology Minerals – significant dilution to fix the balance sheet deficit as Swanny takes one for the team

Yesterday the Chris Cleverly linked POS that is Technology Minerals (TM1) announced a conditional fundraise raising gross proceeds of £2.085 million at a price of £0.0005 per share. Technology has a number of hurdles to overcome before it actually receives the cash because as the fund raise was below the nominal value of Technology shares it is required to completing a subdivision of shares. It also requires shareholder and FCA approval and publication of a Prospectus. But let’s assume that all happens…

---

110 days ago

Darren's IT goof: In fact there are just 6 seats left at Sharestock on September 5

Our IT genius Darren has goofed. Our tracking website showed 11 seats left. In fact that excluded Ed from Islington and a few others. And thus there are, in fact, not 11 seats left for Sharestock but just 6. The event is still 11 weeks and a day away  but there are now just half a dozen of the 100 seats  left for Sharestock here by the banks of the River Dee between Chester and Wrexham. So if you want to come I’d hope that you will book HERE

---

110 days ago

Tom Winnifrith Bearcast: less than 2 year Kier

IT nightmares make this later and briefer than otherwise. I discuss that, a factoid from Lucian on US decline, Easyjet (EZJ) and the end of Keir Starmer, a rotten PM and NOT an honourable man. But worse is to follow.

---

110 days ago

BREAKING Blast from the past: shareholders taking class action against Cloudtag,the FCA, AIM Regulation & Nomad Cairn over NEW post AIM $234m fraud!

You may remember how Cloudtag (CTAG) was once the AIM BBM fraud du jour. For calling it out while others, like the wretched Mir, sang its praises I was slammed as being part of a shorting conspiracy, seeking to buy shares on the cheap and, quite seriously, as being paid by the Israelis so the wicked Jews could get the tech on the cheap. In the end it delisted but raised fresh funds with new lies and a $234 million attempted fraud using the Johnson & Johnson name.

---

110 days ago

EXPOSED: Another Stinking related party deal for Tiger Alpha, £10m spent on a nothing burger business with just 1 employee

The last related party deal by Tiger Alpha (TIR) saw it spunk c£600,000 on a company wholly owned by spiv Jonathan Bixby only to write the whole lot off within a year. This time its his fellow director Brian Stockbridge coining it in with what is the most ludicrous related party deal of the year to date. Details are out today

---

110 days ago

Oxford Metrics – interims, a ‘penny shares’ Buy?

‘Smart sensing and software company’ Oxford Metrics (OMG) has announced results for its half-year ended 31st March 2026 including emphasising “revenue growth, improved adjusted EBIT and continued strategic progress across the group”. What’s though the detail compared to the valuation from a 41.8p share price?

---

110 days ago

He’s mad, he’s bad, he’s batting for Swanny and he’s dangerous

Delta Gold (DGQ) is still to come clean on how many social media companies or assorted spivs it is paying to promote its shares. But one man known for taking undeclared payments, brown envelope man himself, has again let rip.

---

110 days ago

The global warming scam – French heatwave data is as bogus as that from Airstrip One

The BBC is creaming itself as we enter the final part of June and temperatures go up. It’s a heatwave again and more proof of man made global warming we are told. And it’s not just Britain, the Frogs are sweltering as well with the BBC today reporting the highest temperature was 43 degrees in Bordeaux. Wow.

---

110 days ago

If Kefi was a normal share what does the data say it should gain by mid 2028?

There is actually some hard data out there so I am not completely guessing. Kefi Gold and Copper (KEFI) shares are today 1.08p. My pal Lobo Tiggre analysed the performance of 124 gold miners going back to the 1980s and looked at their share prices from start of construction to first gold.

---

111 days ago

Tom Winnifrith Bearcast: Father's Day, Julie Meyer and the Guardian and Cloudtag

I muse on Father's Day and why some folks must be hurting today, on the Guardian's investigation into Julie " sex toy and lingerie on expenses" Meyer and Cloudtag (CTAG), a fraud from days gone by I also exposed. 

---

111 days ago

Tern AGM notice reveals intention to be able to issue yet more shares but where are the results?

Sub scale investment company basket case Tern (TERN), one of the Jonathan” kiss of death” Swann stable of hounds, issued the notice for its AGM on 8 June which included following statements:

---

112 days ago

Photo Article from the Welsh Hovel - Date Night dinner

This year I hope to celebrate my 13th wedding anniversary. Who would have thought it? Do my skills as a chef offset my numerous failings or is my wife just a saint? This was date night last week: poached salmon in dill and lemon, lightly cooked tomatoes and samphire. And to drink? Home made elderflower champagne – it has been a good year on that front. 

---

112 days ago

Tom Winnifrith Bearcast: what we know of Burnhamomics is it's financially illiterate and frightening

Andy Burnham will be our next Prime Minister and it just a matter of when. I discuss what he has said so far and why it makes no sense but will be short term popularity boosting. It is all rather frightening.

---

113 days ago

Tom Winnifrith Bearcast No 2: $1.7m stolen from Phoenix Copper, the questions for Crowe LLP, Oak Securities, Bowspirit and others

The scandal at Phoenix Copper (PXC)  is just so AIM with $1.7 million stolen by the chairman and FD over 9 years and nobody noticing. But there is more and more to come out, not least the activities of Indigo Capital of BSF Enterprise (BSFA) infamy.

---

113 days ago

Tom Winnifrith Bearcast No1: 2 widely despised men with no charisma who should face a career change

I discuss Harry Adams and Keir Starmer and what recent events say about Kefi Gold & Copper (KEFI) and UK PLC when Andy "don't mention Mid Staffs" Burnham becomes PM

---

113 days ago

Am I dreaming or was David Lenigas being a bit naughty last night?

For some reason, early evening yesterday, I found myself logging into one of those online chat-athons on X hoisted by the London Bitcoin Company (BTC) with 4 speakers. One was 13 year old CEO Hewie Rattray, rushing to get the meeting concluded before his parents sent him up to beddy-byes. Tomorrow being a school day and all that. Two were tedious twerps whose names and utterances I cannot remember. Then there was chairman Big Dave Lenigas.

---

113 days ago

Video: Massive Inflation Ahead, Why All Markets Are Rigged & Derivatives Meltdown

Precious metals broker Bill Holter warns that the global economy faces a unique and dangerous combination of hyperinflation and deflation occurring simultaneously, a scenario where the cost of living rises rapidly while asset prices fall. He attributes this to the world’s unprecedented debt levels and rising interest rates, which reduce borrowing capacity and crush asset values.

---

113 days ago

Union Jack checks out at the Crossroads No well

David Bramhill, the Benny Hawkins of the UK Oil & Gas soap opera scene, has yet more bad news for the saps on the Union Jack Oil (UJO) shareholder list.

---

114 days ago

Tom Winnifrith Bearcast No 2: Futura Medical needs to clarify its financial position ASAP

In today's second podcast I look at Futura Medical (FUM), Nanoco (NANO), Defence Holdings (ALRT), Skinbiotherapeutics (SBTX), lying and London Bitcoin Company (BTC) which sould also 'fess up on its dire financials.

---

114 days ago

Tom Winnifrith Bearcast No 1: can you RELY on an RNS from a proven fonferer rather than a ShareProphets expose as Pieter Krugel says you should do

After a snide RNS attack on me today I am officially at war with Quantum Energy Developments (QED). The numerous exposes to date were just minor skirmishes.

---

114 days ago

Zak Mir opines on “the forces of darkness” i.e. old TW, is Delta Gold paying him to smear me? Who else is Delta paying to ramp its shares?

You would have thought that having just been sacked for gross misconduct, that is to say accepting money to work with Seth Freedman, the man who was paid to harass women Harvey Weinstein raped, to silence me on behalf of fraudster Paul Mathieson, stock promoter Zak Mir would show some contrition. Think again

---

114 days ago

AIM Market Statistics for month of May... the news is bad yet again

After having had to prompt the goons at the London Stock Exchange, the AIM Market Statistics for the month of May have belatedly been published. Needless to say it is not good news for  the self styled “world’s most successful growth market”, to you and I , “the casino

---

114 days ago

SCANDAL & HOGWASH: Quantum Data Energy auditor Crowe LLP’s resignation letter and Quantum’s dismal misleading and defamatory response & hit job on me

Today at Companies House the Crowe LLP resignation letter was finally published and Quantum Data Energy (QDE) released an RNS in response to the Crowe resignation letter also taking a swipe at me. Suffice to say thus confirms me in my view that Quantum is a zero run by complete paskudniaks.

---

114 days ago

Delta Gold – a patent lawyer explains the hype is just hype

I have noted before how Delta Gold (DGQ) has a bonkers valuation: even off its peak at 142.5p it is still capitalized at £92 million though it has a pitiful and dwindling cash reserve and no actual product. But it is being ramped by every spiv on social media, the sort of folks who often take undeclared payments and passes off paid for “research” as independent endorsement. Today another RNS designed to fool the sheeple and Jonathan Swann.

---

115 days ago

Tom Winnifrith Bearcast: two letters received and Potentially the next £10m Tiger scandal

I discuss the next scandal that will hit Tiger Alpha (TIR), a £10 million related party box of frogs, Union Jack Oil (UJO) and Skinbiotherapeutics (SBTX).

---

115 days ago

Tiger Alpha ‘s piss poor results for year ended 31 December 2025: it’s a massive Bixby scandal

Today’s results from Tiger Alpha (TIR) are a gift that keeps on giving. Part 1 of my expose was shocking enough, the Bixby acquisition bezzle is revolting, but now let’s look at the actual numbers and what they show.

---

115 days ago

Cirata: a shareholder writes demanding chair and CEO be axed

I am a – wholly vindicated – perma bear of Cirata (CRTA), formerly the Wandisco unicorn fraud. The obscene pay of CEO Stephen Kelly and disgusting way funds in a loss making company are used for things like sponsoring his daughter’s hockey team, the repeatedly missed targets and ongoing cash burn maker the shares uninvestable. Now it seems that some of the peasants who have ignored my repeated sell advice are seeing the light and are revolting. One such shareholder has written to the company and his missive has found its way to me via Winnileaks. Enjoy.

---

115 days ago

EXPOSE: Tiger Alpha and the Bixby Technology acquisition bezzle

On 20 December 2024 Tiger Royalties and Investments Plc (TIR) as Tiger Alpha was then called announced the acquisition of Bixby Technology along with a subscription by the vendor then subscribing for shares in the same amount. Today that was revealed as a bezzle, a dodgy golden hello.

---

115 days ago

Mendell Helium: the red flag of multiple law suits

In yesterday’s bearcast I took a detailed look at the appalling CVs of the management, 4 retained spiv brokers and well dodgy share promoters behind AIM Casino new boy Mendell Helium (MDH). But there is more…

---

115 days ago

EXPOSE: Cult Wines more evidence of the cash crisis at this £250m bezzle

In my article EXPOSE: £250m raised but Cult Wines Limited is corked » ShareProphets, my financial analysis of Cult Wines accounts for the year ended 31 December 2024 showed a loss making and technically insolvent company which had net liabilities of £21.6 million in deep financial trouble.  It is getting worse.

---

115 days ago

Skinbiotherapeutics Letter from the Financial Reporting Council – yet another vindication for the Sherriff of AIM

Some folks are prolific liars. Some folks cheer on prolific liars and some folks get attacked for being a good guy who exposes prolific liars. If you believe that I am the source of all evil like crazy Meg Short at Bloomberg and so deserve to be “destroyed”, here is yet more evidence that I am a good guy and that you are just plain wrong and stupid and a disgrace to your profession.

---

116 days ago

Quantum Data Energy : Auditor Resignation letter goes AWOL at the black hole of Companies House

We all want to know why Crowe LLP quit as auditors to Quantum Data Energy (QDE), of Josh Barsch infamy on 27 April, three days before it was meant to sign off on the annual report. On 5 June Quantum appeared to have finally filed the letter at Companies House and for the past 10 days we have been told its “being processed” Today…

---

116 days ago

Insolvent fraud Supply@Me Capital kicks the can of death down the road (again)

Today Supply@ME Capital (SYME) announced that the terms of repayment of the $5.15 million loan from its US sister fraud Nuburu (US:BURU) had again been amended so that the approvals from shareholders and regulators for Supply to repay the facility in shares is extended by 7 months to 31 January 2027 and the repayment date if all approvals have been received by 31 January 2027 has been extended by 7 months to 31 August 2027.

---

116 days ago

Tom Winnifrith Bearcast: Mendell Helium joins the AIM casino - a forest of red flags going back to the 1990s

I realise that every spiv in town is pushing thus escapee from the AQSE lobster pot but they are missing a sea of red flags some dating back to the 1990s. I have been crossing swords with some of these goons for 30 years and I have been vindicated every time. You may like to read THIS and THIS as you listen to a podcast expose

---

116 days ago

EXPOSE: The Amazing AI fraud – and another utter stink crazy Meg Short at Bloomberg overlooked as she harassed me

Crazy Meg Short at Bloomberg spread defamatory “rumours” about me right through January 2026 at the behest of Paul Mathieson of  Amazing AI (AAI) and Seth Freedman, the man Harvey Weinstein paid to harass women he’d raped. She ignored Amazing’s track record of fraud, the suicide tweet, its advisor resigning and still seemed to think it was a reliable source and that myself, as the only investigative journalist looking into this , must be a wrong ‘un worthy of defamation and harassment. Bloombergethics czar Laura Zelenko seems to think Meg did nothing wrong so has not interview witnesses who came forward despite promising a full enquiry. So here is another matter Ms. Short overlooked – the year end switcheroo. There is more I can today reveal from Companies House and it stinks beyond imagination.

---

116 days ago

BREAKING: Amazing AI.. A million quid "disappeared" in 9 months, TW is on the pitch he thinks it’s all over

Oh dear, oh dear. Over at companies house new filings emerge which show that a long list of folks including Zak Mir, Harvey Weinstein’s goon Seth Freedman, Barings’ Nick Leeson, Meg Short at Bloomberg, paid promoters like Sunday Roast and Stockbox  and City enablers like Cairn Financial and broker Oberon owe me a very big apology. Will I get that apology?

---

116 days ago

Kendrick Resources: the kiss of death has arrived

How do you make a small fortune on penny shares? By investing a big one into absolute shite like Tern, Wyld, Conroy Gold and Technology Minerals. The kiss of death that is Comrade Jonny Swann has a new victim.

---

117 days ago

Tom Winnifrith Bearcast No 2: oil and gold

I look at what is happening to both and what will happen and at my own shares in both sectors.

---

117 days ago

Energy B: is this more Lenimaths vicar? Or just a bit of spoofery

Today comes news that David Lenigas purchased 100,000 shares in AQSE Lobster pot joke company Energy B (NRGB), the wind technology turned bitcoin in treasury spoof turned operator of the discredited, cash guzzling, joke Horse Hill oil field. At every level it is a joke running on vapours as Ipointed out last Friday after the latest metamorphosis HERE

---

117 days ago

Quantum Blockchain- even its own Nomad seems to think its sums don't add up!

Okay it is not a material porky/ exercise in Diane Abbott maths but if you catch a company doing this once the odds are that it is doing it often and thus it becomes uninvestable. Thus also shows a remarkable degree of sloppiness by all concerned. I refer you to the RNS issued by Quantum Blockchain Technologies (QBT on April 15 this year.

---

117 days ago

BREAKING: Zak Mir goes to ACAS, the contradictions in this case are mind boggling

I am sorely tempted to don my stab vest and head up to Sadiq Khan’s glorious multicultural, tosser and rat infested, London for this one, bringing vast amounts of beer and popcorn. For I can today reveal that Zak Mir has lodged an appeal with ACAS seeking a claim for unfair dismissal from cash strapped Lift Global Ventures (LFT) and if not agreement will be reached then it is an Industrial Tribunal. I have gleaned some of the details and it is mind boggling.

---

117 days ago

Lift Global Ventures – the cheque in the post from Africa, any update?

It is a good job that Lift Global Ventures (LFT) got – and is happy to use – the £15,000 it earned for Zak Mir’s part in the Seth Freedman/Amazing AI campaign to destroy me by means foul and fouler. Please do not tell me that its boss Dave Richards MBA is not a moral man, his actions on this count speak volumes. Because with Lift now running on vapours I’m told, not that its surprising, that a £750,000 cheque from Africa still has not arrived.

---

117 days ago

Tom Winnifrith Bearcast No1: Reabold and Union Jack, more beer and popcorn vicar

One of the two used shareholders cash to spy on me HERE, the other sent a fascist lawyers letter as I reported facts as you can see HERE.  Both companies are run by greedy, incompetent knobs. The Reabold (RBD) possible bid for Union Jack (UJO) is dead in the water at so many levels as I explain. It is simply a last desperate ploy by David "trougher" Bramhill to avoid AGM humiliation on June 26 in Bristol. It will not work.

---

118 days ago

Tom Winnifrith: Now just 11 of 100 seats left for Sharestock on September 5

It is just under three months away but there are now just 11 of the 100 seats left for Sharestock on September 5 here by the banks of the River Dee between Chester and Wrexham. So if you want to come I’d hope that you will book HERE

---

118 days ago

Tom Winnifrith Bearcast: Mind your language, RNS words matter

I look again at BSF Enterprise (BSFA) and that "white pater" the last placing was forward sold into.  Words matter. Sorry thus us so late, the reasons for that are in Greece

---

119 days ago

BREAKING EXPOSE: Hamak Strategy – self styled "superwoman" Nicola Horlick’s failing Money & Co business

The quality of the Board of Directors is always a crucial factor in a company’s performance which brings me to Nicola Horlick who is the Non-Executive Chair of Hamak Startegy (HAMA).   In her profile on Hamak she egotistically describes herself as “one of the most respected figures in the UK investment industry, widely recognised as the “City superwoman” for her pioneering leadership and innovation in fund management.”  The profile also highlights her role at “Money&Co., a fintech platform connecting investors with SME borrowers, where she continues to serve as CEO”.

---

119 days ago

Tom Winnifrith Bearcast: Two Octogenarians ( as of tomorrow) on the promote: Donald Trump and Colin Turd

I discuss the two old geezers what they are saying, gold, Bird's penny dreadfuls and why past performance is no guide to the future.

---

120 days ago

Pri0r1ty Intelligence Finals, dire losses, schoolboy accounting blunders and management incompetence exposed – a cash crisis looms

These are results for the year to 30 September 2025 which are so late that Pri0rity Intelligence (PR1) had to battle with Companies House to avoid a strike off. They are truly dreadful and the shares have resumed trading at just 1.45p ( almost 90% down on the December 2024 IPO) valuing thus company at a paltry £2.5 million. Where to start with thus dog’s dinner brought to the AIM casino by London’s worst Nomad Roland “fatty” Cornish?

---

120 days ago

Tom Winnifrith Bearcast No 2: The THG Chronicles Chapter 14

I discuss today's desperate announcement from THG (THG) and wrap up my series to explain why these shares will collapse.

---

120 days ago

Letter to AQSE Regulation: Have you verified with Pennpetro that David Lenigas is fit and proper to chair an AQSE Company

As I flagged up earlier, David Lenigas has emerged as the new chairman of wind energy, then bitcoin in treasury and now oil explorer Energy B (NRGB) on AQSE. But after events at Pennpetro (PPP) should Big Dave be allowed to run a public lavatory let alone a public company? Has AQSE Regulation done full due diligence on him and spoken to the new board at Pennpetro PLC (PPP) which has made explicit allegations about Mr Lenigas. I have dropped AQSE Regulation a note.

---

120 days ago

The THG Chronicles Chapter 13

I do not short shares. I never have and never will but if I am sorely tempted to open a short on Matt Moulding’s THG (THG) at 31.6p, a £524 million market cap. I have always been a bear and so have called this stock as a sell from its 500p IPO in September 2020. Unlike the sell side analysts who kiss Matt Moulding’s posterior and have always done so I have always called this correctly.

---

120 days ago

PR Genius Steffi and the Falconedge spoof – she cannot be serious! She isn’t!

With a May 31 year end you might have hoped that bitcoin in treasury spoof Falconedge (EDGE) which boasts the tattooed lady, PR genius Steffi as a £36,000 a year NED, might have served up a trading statement. Oh no. And there is a good reason for that.

---

120 days ago

Tom Winnifrith Bearcast No 1: Two great entrepreneurs and beacons of integrity: Mr Elon Musk and Mr David Lenigas

This podcast is all about the activities today of our heroes: SpaceX (US:SPCX), Pri0r1ty Intelligence (PR1), UK Oil & Gas (UKOG)  and EnergyB (NRGB)

---

120 days ago

BREAKING: Frankenstein Meat bezzle BSF Enterprise serves up another horror story

Yesterday I outlined in bearcast how BSF Enterprise (BSFA) had served up not 1 but 4 well dodgy attempted or actual financings in the past year which the FCA should be all over. I have dropped my FCA contact a note on that already after the latest total scam from the Cayman Islands. Today we have another utter horror story.

---

121 days ago

Tom Winnifrith Bearcast No 2: panic, knicker wetting, gold, AI and Kefi

The title says it all. Sheer panic generated nonsense.

---

121 days ago

The THG Chronicles Chapter 12

I do not short shares. I never have and never will but if I am sorely tempted to open a short on Matt Moulding’s THG (THG) at 31.6p, a £524 million market cap. I have always been a bear and so have called this stock as a sell from its 500p IPO in September 2020. Unlike the sell side analysts who kiss Matt Moulding’s posterior and have always done so I have always called this correctly.

---

121 days ago

Tom Winnifrith Bearcast No 1: BSF's 4th dodgy financing, the strange world of Indigo Capital LP

Do not confuse Indigo Capital Investments in the Caymans with a credible website HERE with Indigo Capital LP with a mickey mouse website HERE.  That is what the chaps at Frankenstein Meat company BSF Enterprise (BSFA) and scumbag brokers Bowspirit want. But as I show they are very different bears. This is now the 4th BSF financing in less than a year that the FCA should be all over. I also discuss scoundrels and spurios bif speculation covering, inter alia, David Bramhill of Union Jack Oil (UJO) and THG (THG).

---

121 days ago

The THG Chronicles Chapter 11

I do not short shares. I never have and never will but if I am sorely tempted to open a short on Matt Moulding’s THG (THG) at 31.6p, a £524 million market cap. I have always been a bear and so have called this stock as a sell from its 500p IPO in September 2020. Unlike the sell side analysts who kiss Matt Moulding’s posterior and have always done so I have always called this correctly.

---

121 days ago

The THG Chronicles Chapter 10

I do not short shares. I never have and never will but if I am sorely tempted to open a short on Matt Moulding’s THG (THG) at 31.6p, a £524 million market cap. I have always been a bear and so have called this stock as a sell from its 500p IPO in September 2020. Unlike the sell side analysts who kiss Matt Moulding’s posterior and have always done so I have always called this correctly.

---

121 days ago

Pri0r1ty Intelligence death spiral finance announced as it ‘fesses up that it faces strike off action

Shares in Pri0r1ty Intelligence (PR1), a dog about which I warned from the day it was listed at 13.5p in December 2024, by London’s worst Nomad Roland “fatty” Cornish remain suspended at 1.7p as it still has not published its accounts for the year to September 30 2025! Today comes a shock admission and more bad news.

---

122 days ago

Tom Winnifrith Bearcast No 2: where is George Orwell when you really need him?

I start with words from Belfast which George Orwell would have a field day with. Then I look at gold, gold shares, Golden Prospect (GPM), Skinbiotherapeutics (SBTX) and Defence Holdings (ALRT).

---

122 days ago

RC365 placing, appointment of Bowspirit and shares for "consultants" - is there nobody at the FCA who can smell a rat?

On 8 June RC365 (RCGH) had a nothingburger RNS about the soft launch of a product. The shares traded low volumes but did close at 1.8p, up from 1.35p at the start of trading. On Tuesday 9th June there was no news but the shares raced ahead to a peak 4.2p before closing at 3.8p. Today…

---

122 days ago

Petra Diamonds takes another step on the pathway to 0p – Finch squawks

I have penned more bearish articles on Petra Diamonds (PDL) over the years than I have had inappropriate thoughts about Cheryl Cole. Okay that is not true. But I’ve penned a good many. And in recent months I have urged you to short as never before as the end game approaches. Today the company took another big step on the pathway to wipeout but it is not too late to short.

---

122 days ago

The THG Chronicles Chapter 9

I do not short shares. I never have and never will but if I am sorely tempted to open a short on Matt Moulding’s THG (THG) at 31.6p, a £524 million market cap. I have always been a bear and so have called this stock as a sell from its 500p IPO in September 2020. Unlike the sell side analysts who kiss Matt Moulding’s posterior and have always done so I have always called this correctly.

---

122 days ago

Tom Winnifrith Bearcast No1: two more acts of insanity by Rachel from Customer Services

We really are doomed. I look at a new policy and a policy idea from Rachel from Customer services. How can she be this stupid?

---

122 days ago

Some folks say the sweetest things about me

I am used to those BBMs who like investing in frauds being beastly about old TW in the mistaken belief that it will save their investments. But when those who purport admire your work let rip perhaps it is time that I started to consider whether I am in fact the spawn of Satan.

---

122 days ago

The THG Chronicles Chapter 8

I do not short shares. I never have and never will but if I am sorely tempted to open a short on Matt Moulding’s THG (THG) at 31.6p, a £524 million market cap. I have always been a bear and so have called this stock as a sell from its 500p IPO in September 2020. Unlike the sell side analysts who kiss Matt Moulding’s posterior and have always done so I have always called this correctly.

---

123 days ago

Tom Winnifrith Bearcast No 2: the Government's AI delusion

I start with the big announcements today: who are these fools trying to kid? Then THG (THG), London Bitcoin Company (BTC), Silver Bullet Data (SBDS) and Golden Prospect (GPM)

---

123 days ago

BREAKING: THG - now the Dark Destroyer weighs in with a detailed Claremont dossier & 15 Questions for Matt Moulding

This is a bonus. Earlier I flagged up my concerns about the Claremont disposal by THG (THG) which Matt Moulding had boasted about as such a great deal. Now the feared short seller Matt Earl, aka The Dark Destroyer, has pinged me an email. The DD is short of THG in a material way and has prepared a detailed dossier on the Claremont transaction. Ouch!

---

123 days ago

Nuburu formally applies to Italian government for permission to buy majority stake in Tekne but what is it not saying?

Nuburu (BURY) the US fraud run by Alessandro Zasmboni says that it has submitted the Golden Power notification to the Italian Government for its planned acquisition of a controlling 70% ownership stake in Tekne S.p.A.

---

123 days ago

Do these folk smoke chemtrails? The wildest of conspiracy theories among the THG BBMs

I am beginning to think that my pal Dave, known as chemtrails, as he is a great believer in conspiracy theories, is actually relatively sane. Okay he might think that the moon landings were staged, that Michelle Obama ( aka Big Mick) is a man and that 9/11 did not really happen but even he would be gawping at the nonsense believed by some shareholders in THG (THG)

---

123 days ago

The THG Chronicles Chapter 7

I do not short shares. I never have and never will but if I am sorely tempted to open a short on Matt Moulding’s THG (THG) at 31.6p, a £524 million market cap. I have always been a bear and so have called this stock as a sell from its 500p IPO in September 2020. Unlike the sell side analysts who kiss Matt Moulding’s posterior and have always done so I have always called this correctly.

But it is still a short and is shortable. This week I am running a series of articles explaining why  I am so tempted to open my shorting account. I now turn to another related party transaction.

---

123 days ago

The FCA going after Neil Woodford to stop him writing about shares but not after me! Oh sweet irony!

Oh sweet Lord what irony. How Neil Woodford used to rant about my activities. But it seems that while the FCA is prepared to bless the writings of one failed fund manager, myself, it is not so happy about those of another, Neil “no mates” Woodford. As Panorama recognized it was myself and others on this website who exposed Woodford from 2015 with more than 1000 articles, podcasts and videos while the MSM blew him off on a daily basis in scenes reminiscent of Pride month celebrations in Brighton.

---

123 days ago

The THG Chronicles Chapter 6

I do not short shares. I never have and never will but if I am sorely tempted to open a short on Matt Moulding’s THG (THG) at 31.6p, a £524 million market cap. I have always been a bear and so have called this stock as a sell from its 500p IPO in September 2020. Unlike the sell side analysts who kiss Matt Moulding’s posterior and have always done so I have always called this correctly.

---

123 days ago

Tom Winnifrith Bearcast No 1: Just when you thought you could not hate Harry Adams of Kefi any more...

Hate may be the wrong word. I discuss. I look at yesterday's annual report and results from Kefi Gold & Copper (KEFI), the investment case, the [placing risk, At the greed of Adams and Jon Leech, the Orwellian language to disguise that and what the 2025 troughing says about the sleaze of the 2024 troughing.

---

123 days ago

The THG Chronicles Chapter 5

I do not short shares. I never have and never will but if I am sorely tempted to open a short on Matt Moulding’s THG (THG) at 31.6p, a £524 million market cap. I have always been a bear and so have called this stock as a sell from its 500p IPO in September 2020. Unlike the sell side analysts who kiss Matt Moulding’s posterior and have always done so I have always called this correctly.

---

123 days ago

Reader Neil murders the Welsh National Anthem to fight cancer

Reader Neil is a cancer survivor who last week completed a 26 mile walk here in Wales to raise money for the fight against cancer. In order to win over one sponsor he absolutely murdered the Welsh National anthem. A couple of photos and a video of that crime against Wales are below. Turn the volume up. And if you'd like to sponsor Neil it is not too late and you can do so HERE

---

124 days ago

The THG Chronicles Chapter 4

I do not short shares. I never have and never will but if I am sorely tempted to open a short on Matt Moulding’s THG (THG) at 31.6p, a £524 million market cap. I have always been a bear and so have called this stock as a sell from its 500p IPO in September 2020. Unlike the sell side analysts who kiss Matt Moulding’s posterior and have always done so I have always called this correctly.

---

124 days ago

Tom Winnifrith Bearcast No2: you are just pointless says Simon Botfield

I sometimes think he's right and that I should really be out there planting some radishes among my chilli plants which are now flourishing. But then again I discuss my interactions with the FRC over Skinbiotherapeutics  (SBTX) as the NEW DIRECTORS and the company's PR hags defended Stuart Ashman defaming me and in light of what was announced today how that makes me feel. That takes me onto Botfield and THG (THG). I then look at Audioboom (BOOM) and our own PL and Gary Newman and their woes for disagreeing with clueless old TW. I look at Marechale (MAC), suggesting the hype is excessive, BSF Enterprise (BSFA) where the FCA really must act and the woes at Hamak Strategy (HAMA). I look at gold and my gold shares and am not panicking. Finally with just 12 tickets left I hope you will book a Sharestock seat today HERE

---

124 days ago

The THG Chronicles Chapter 3

I do not short shares. I never have and never will but if I am sorely tempted to open a short on Matt Moulding’s THG (THG) at 31.6p, a £524 million market cap. I have always been a bear and so have called this stock as a sell from its 500p IPO in September 2020. Unlike the sell side analysts who kiss Matt Moulding’s posterior and have always done so I have always called this correctly.

---

124 days ago

Union Jack Oil and a £1 million loan: is it to fund payoffs when the troughers get fired on 26 June?

On 26 June at the AGM of Union Jack Oil (UJO) , which I shall be attending waving a proxy paper, the three surviving troughers ( David Bramhill, Joe O’Farrell & Zac Philips) will be voted off the board and new boss Craig Howie will immediately terminate the £120,000 consultancy agreements of poodle Philips and snivelling coward and current NED Graham Bull. In that light the company, which claimed to have cash of c£1.5 million at December 31 2025 has just announced that it has taken out a £1 million loan from Egdon Resources. WTF?

---

124 days ago

The THG Chronicles Chapter 2

I do not short shares. I never have and never will but if I am sorely tempted to open a short on Matt Moulding’s THG (THG) at 31.6p, a £524 million market cap. I have always been a bear and so have called this stock as a sell from its 500p IPO in September 2020. Unlike the sell side analysts who kiss Matt Moulding’s posterior and have always done so I have always called this correctly.

---

124 days ago

Tom Winnifrith Bearcast No1: the Skinbiotherapeutics FRAUD

The report and interims are out. I discuss my role in exposing this fraud via the FRC, the nature of the fraud and why the PROLIFIC LIAR and FRAUDSTER Stuart Ashman should be in jail, what is being covered up or not said,  why more heads should roll, the interims, current trading and again what is NOT being disclosed, the risks of a placing and the now current valuation of Skinbiotherapeutics (SBTX).

---

124 days ago

The THG Chronicles Chapter 1

I do not short shares. I never have and never will but if I am sorely tempted to open a short on Matt Moulding’s THG (THG) at 31.6p, a £524 million market cap. I have always been a bear and so have called this stock as a sell from its 500p IPO in September 2020. Unlike the sell side analysts who kiss Matt Moulding’s posterior and have always done so I have always called this correctly.

---

125 days ago

Tom Winnifrith Bearcast: Feeling so gloomy about the UK

The banning of The Boy with the Striped Pyjamas, Tax Freedom Day, an IMF bailout by 2030, I discuss why I am so gloomy today.

---

126 days ago

Templeton Emerging Markets – strong full-year results from a winning share tip with further value potential

Templeton Emerging Markets (TEM) has announced results for its year ended 31st March 2026 including that “as a result of the geopolitical tensions, both the NAV of the company and its share price initially fell sharply but subsequently increased substantially over the summer… towards the end of the period geopolitics again played a major part… over the month of March our NAV declined, tempering returns but still leaving us well ahead for the year”. What about its performance and outlook from here from a now 325p share price?

---

126 days ago

Tom Winnifrith bearcast: the ghosts of uber bombast David Williams of Avanti and of fraudster Rob Terry

As I ponder next week's 10-20 part series on a high profile stock to short all the way down I consider the ghosts of David  Williams and Rob Terry. 

---

126 days ago

Show me a BBM with £30,00 to spunk: can anyone explain this?

On Friday a trade went through in worthless shitco Technology Minerals (RM1) with some clown buying c£30,000 of shares, 50 million shares, at c0.06p. This is the definition of madness, Can anyone explain why it is not?

---

126 days ago

Quantum Data Energy appoints tinpot auditor to take over from Crowe LLP

Quantum Data Energy (QDE) has announced that its new audit firm replacing Crowe LLP is Parker Russell UK LLP.  Crowe resigned unexpectedly according to Quantum just two days before the audit sign off meaning that it missed the four month deadline to publish their audited accounts for the year ended 31 December 2025. Hence its shares are suspended.

---

127 days ago

Tom Winnifrith Bearcast No 2: maybe a massive treat for all good bears next week

Maybe or maybe not. But I hope so and discuss. Then it is Avacta (AVCT) and finally what the crash in the London studio and 1 bed flat market means for us all. It will affect us all.

---

127 days ago

Defence Holdings: a nothingburger deals spoofs market cap by £7m – you just cannot be serious!

This is bonkers.  A notice appeared on the MoD website prompting an RNS from spoof company Defence Holdings (ALRT) . Natch the release is less than transparent but the gerbils who own this stock are ecstatic.

---

127 days ago

Video: Iran War, Uranium ‘Ultimate’ Beneficiary & Gold to $6,000 by Christmas

Economist and journalist Dr. Nomi Prins starts with Iran leading to a broad assessment of global economic headwinds, including the ongoing blockage of the Strait of Hormuz and rising bond yields. Dr. Prins explains that even a hypothetical resolution to the strait crisis would not immediately ease supply backlogs, keeping oil prices elevated and contributing to persistent inflation. She notes a significant dislocation between struggling economic confidence and stock markets reaching all-time highs, fuelled by large asset funds and cash waiting on the sidelines.

---

127 days ago

Nuburu a new Italian acquisition for €1 million...whatever

Yesterday Alessandro Zamboni announced another acquisition for his US fraud Nuburu (US:BURU)  SunCubes S.r.l. an Italian developer of laser-based wireless power transmission, beam-control, pointing, tracking and safety technologies.”

---

127 days ago

Tom Winnifrith Bearcast: Bluebird Mining wins an Olympic gold for MBA Wankspeak and deception - placing ahoy

Today's RNS  from Bluebird Mining Ventures (BMV) about its NAV is a disgrace on a scale I have never seen before in 36 years in finance. It is shocking and that it will inevitably be followed by a placing as it suckers in BBMs makes it even more shocking.

---

127 days ago

Kendrick Resources: City Financier says Colin Turd would not be allowed to issue today’s misleading RNS on AIM

Colin Bird’s Kendrick Resources (KEN) is Main Market listed so its directors take responsibility fir the contents of an RNS. On AIM a Nomad must ensure statements made are verifiable but on the Main Market companies can say what they wish as it is unlikely that the FCA will pull them up if they over-egg the pudding. That brings us to today’s RNS from Kendrick Resources which simply would not be allowed on AIM

---

127 days ago

Satsuma Technology – though still lacking “cost discipline”, still value?...

Satsuma Technology (SATS) has issued a “Monthly Update” commencing that “May 2026 was a quieter month for the company, with its focus remaining on cost discipline. There were no acquisitions or disposals of Bitcoin during the month”. How serious is the “focus” on cost discipline and, resultantly, shareholder value though?

---

127 days ago

Chris Cleverley founded shitco Technology Minerals – proposed hugely dilutive fundraise but how likely is the raise to occur?

In its last results for the six months to 31 December 2025 Technology Minerals (TM1) showed a loss of £1,585,000 and had period end net liabilities of £1,988,000, demonstrating that it desperately needed refinancing.  Yesterday Technology announced an “Expanded Strategy, Proposed Fundraise and Directorate Changes”.  Uh oh – confetti ahoy.

---

128 days ago

Tom Winnifrith Bearcast: lies, damned lies and missing the whole point altogether

I start with claims made by our thick as mince Education Secretary. Then it is onto the bitcoin in treasury sector and some corporate finance advice for David Lenigas, Nicola Horlick and others and a question of regrets for Andrew Webley at The Smarter Web Company (SWC) where I look for an honest answer.

---

128 days ago

Georgina Energy repays debt, we only now discover was overdue, with part of recent fundraise

So much for it raising growth capital!

---

128 days ago

Video: The Fiat Currency Collapse, ‘Turbocharged’ Stagflation & Monetary Metals – an imminent break out for gold

Trader and analyst Francis Hunt, the Market Sniper, starts with a statistic that should boondoggle you all.

---

128 days ago

Hamak Strategy: what is your net cash position? The failure to be transparent makes your shares uninvestable

Hamak Strategy (HAMA), the bitcoin in treasury cum gold bullion in treasury cum investing in other failing bitcoin in treasury companies cum gold exploration shitco chaired by Bernie Madoff cheerleader and self styled superwoman Nicola Horlick has announced more gold drilling results. But that is not the elephant in the room. That is cash. Or rather the lack of it.

---

128 days ago

Poisonous Frog on the ramp again – wait for the share dumping

The odious Cedric Simonet of Altona Rare Earths (REE) is on the pump with another ramptastic RNS. What comes after Le pump? Yes it is Le Dump?

---

128 days ago

Smoking, law breaking, tax and the prudish nonsense of Rachel Reeves

Some will dismiss a KPMG Report on smoking in 38 European countries out yesterday as it was commissioned by tobacco company Phillip Morris. Others will look at the data and come to a rather obvious conclusion. Rachel Reeves will ignore the data and cheered on by a prudish political class come to a different and wrong conclusion. The good news is that, despite the heroic efforts of Pete “fagash” Brailey overall consumption in 2025 fell by c4% to c500 billion sticks across 38 European markets surveyed

---

128 days ago

More questions for David “Trougher” Bramhill at Union Jack Oil

As things stand, the much vaunted US operations of Union Jack Oil (UJO) are dribbling out 48 barrels per day. No doubt trougher Bramhill and the gang promise that further drilling will be transformational. We shall see. But ahead of the AGM on 26 June I wonder if Mr Brahmhill might check his records and be prepared to supply to me:

---

129 days ago

Letter to the FCA: Two more investigations into BSF Enterprise needed

The FCA should be all over this company after the aborted Josh Barsch fake news placing and then the John Story lack of TR1 market abuse scandal, both exposed on this fine website. The FCA has confirmed to me that is looking into the Story affair. But the past two days should prompt two more enquiries. I have written to my contact at the FCA

---

129 days ago

Tom Winnifrith Bearcast No 3: How bitcoin could crash to $20,000 and the implications

I have minimal exposure to this asset class and you may ask why that is given this doomsday scenario I suggest is possible. It may not happen but if I am even a quarter right its implications will ruin many.

---

129 days ago

A question for David “Trougher” Bramhill with AGM voting guide

Snivelling, cowardly Graham Bull has today resigned as a NED from Union Jack Oil (UJO) while still troughing it as a consultant to the company, blaming my hurty words for his decision. In doing so he avoids being voted off the board at the AGM, which I am attending as a proxy, on 26 June in Bristol. At that AGM his fellow troughers David Bramhill, Joe O’Farrell and Zac Phillips will almost certainly be voted off. However…

---

129 days ago

Tom Winnifrith Bearcast No 2: Steve Dattels is back and what it says about the imploded bitcoin in treasury bubble

My focus is about the recent events at Vaultz Capital (V3TL). Its PR needs her bottom spanking for a non disclosure which would help with analysing the shares. I explain who Steve Dattels is and what his investment says about the sector and valuations. I mention en passant London Bitcoin Company (BTC), Stack BTC (STAK), The Smarter Web Company (SWC), Satsuma (SATS) and Hamak Strategy (HAMA).

---

129 days ago

easyJet – shares up on “possible offer”, what to do?

US investment firm Castlelake, L.P. has issued announcements including that it “notes the recent speculation regarding easyJet” (EZJ) and “confirms that it is in the early stages of considering a possible offer for the company”. What about this with shares in easyJet up to 430p in response?

---

129 days ago

BSF Enterprise – another shameless pump and dump, if this was not forward selling I am a banana: where the hell is the FCA?

Yesterday, BSF Enterprise (BSFA) the Frankenstein meat company that allows John Story and others to engage in market abuse to get placings away attempted to counter scientific journals calling out its T-Rex handbag claims as bogus with its own “white paper.” As I explained in yesterday's bearcast what it stated was thoroughly misleading – there is more DNA related to a T Rex at your local KFC than in the company’s tacky handbag.

---

129 days ago

Tom Winnifrith bearcast No 1: Snivelling cowardly trougher Graham Bull resigns as a NED at Union Jack blaming TW's hurty words

What a snivelling coward is Graham Bull. I discuss his troughing, his role in the troughing of others, why today's statement is misleading and marks Bull as a coward.

---

130 days ago

UPDATED AGAIN: NOW JUST 14 of 100 seats now left for Sharestock - book now

As of this morning there are just 14 seats left for this year's Sharestock on September 5 so if you want to come I'd hope that you will book now HERE 

---

130 days ago

Tom Winnifrith Bearcast No2: furious with the corruption, furious at how nothing works

I start with the useless Police, poor Henry Nowak, my old school and then turn to a smug and useless financial; establishment: Satsuma (SATA), Valereum (VLRM) and BSF Enterprise (BSFA) and the warrants scam underway.

---

130 days ago

Optibiotix: Letter to the Financial Reporting Council

I got a generic email this morning from Optibiotix (OPTI) begging me to gp to the Sweetbiotix tasting and rampfest in London later thus month. It must be desperate. My guess is that, unless the venue is switched to an old fashioned telephone box, the event will not exactly be packed out.  These days most folks holdings are worth less than a Standard Class return to London so why bother to hear Lyin’ Steve O’Hara promise more jam tomorrow on a product where he  promised an imminent commercial launch almost a decade ago?  Meanwhile I have written to my good pals at the Financial Reporting Council about the litany of schoolboy errors in the 2025 accounts which emerged last week.

---

130 days ago

Quantum Data Energy might have a new auditor appointment but why is Crowe LLP’s auditor resignation letter still not public?

On 21 May Quantum (QDE) published an update on replacing its previous auditor, Crowe LLP which resigned on 28 April 2026, two days before the deadline for the publication of its annual for the year ended 31 December 2025.  At that time Quantum which is a Public Interest Entity by virtue of its Main Market listing published the following commentary:

---

130 days ago

Tom Winnifrith Bearcast No 1: Short seller Andrew Left faces 25 years in jail for securities fraud but hasn't Zak Mir done the same things?

I do not like or respect Left and if any bear has to go to jail I am glad it's him. The late Roger Lawson would have looked at this case and concluded that it shows how all bears are crooks. I consider that point but argue also that certain folks on the bull tack are guilty of exactly what Left has been found guilty of.Is there a double standard here?

---

130 days ago

Warwick School paedophile teacher Paul Stainsby: the agony for his victims goes on

Stainsby is a man who is already a convicted paedophile for offences committed before his Warwick days. The week after he was sentenced for 14 years in 2022 one of his victims at Warwick who had given evidence to the Police, killed himself. Stainsby was finally charged by Warwickshire police in December last year.

---

130 days ago

Eco Buildings – “Launch of Eco Buildings UK”, emphasises potential but some tangible delivery soon needed

Eco Buildings Group (ECOB) has announced “Launch of Eco Buildings UK” including with “a binding framework agreement… combining Eco Buildings’ proprietary construction technology with highly experienced UK and international construction and project management expertise”. How positive is this from a 12p share price, £14.6 million market capitalisation?

---

131 days ago

Tom Winnifrith Bearcast: It's grim up North ( in Iceland and Wrexham) today

In today's podcast I cover an INSET Day, Amaroq (AMRQ), Kendrick (KEN), Ariana (AAU) and Novacyt (NCYT)

---

131 days ago

Georgina Energy Placing still leaves it technically insolvent while the share price action screams market abuse

I predicted at the weekend HERE that Georgina Energy (GEX) would dump into the pump. Call me Mystic ffing Meg for at 10.30 AM today it announced a £1 million placing at 5p. Now thus stinks at every level. First up, as the spreadsheet below demonstrates, it is still technically insolvent to the tune of more than a million quid even after the raise!

---

131 days ago

BREAKING EXPOSE: Optibiotix serves up wholesale accounting errors in regard to half a million quid of CEO pay

I have flagged up accounting errors at Optibiotix (OPTI) before and it has quietly made changes without acknowledging its historic blunders or thanking me. But the 2025 accounts out last week, the first produced by new FD David Blain, contain industrial scale errors which I shall be referring for the Financial Reporting Council. This is embarrassingly amateurish.

---

131 days ago

Oxford Metrics – for the patient investor, income value?

‘Smart sensing and software company’ Oxford Metrics (OMG) issued a trading update in April including a headline “improved year-on-year performance”. That suggests profit progress this year, whilst the prior balance sheet showed, excluding ‘goodwill and intangible assets’, net assets of £42.7 million including cash of £37.3 million. At a 45.9p offer price, £51.4 million market cap, the following is why we consider this a patient ‘penny shares’ value and income Buy.

---

131 days ago

Altona Rare Earths – the share price slide under poltroonish CEO Cedric Simonet continues as new shares admitted

The pompous, intensely unlikeable and stupid frog Cedric Simonet who runs Altona Rare Earths (REE) issued a “knows of no reason for share price decline” RNS on 8 May two days after announcing it had signed up to an ATM death spiral with Zeus. Simonet seriously thought having an ATM death spiral was good for the share price?  Can anyone find a more naïve or stupid London listed CEO?

---

131 days ago

Delta Gold: 2 more monster red flags

With only a million quid or so in the bank and spunking cash hard, Delta Gold (DGQ) is, at 150p, capitalised at a bonkers £97 million and is drowning in more red flags than you see on a May day parade in Moscow. Today there are two more to highlight.

---

132 days ago

EXPOSE: Why Nicola Sturgeon can’t avoid responsibility for the Peter Murrell fraud, digging into the accounts

Nicola Sturgeon has been playing the victim of misogyny card in response to the media storm over Peter Murrell, her estranged husband’s admission of committing a long running fraud, in his role as the Chief Executive Officer of the Scottish National party, stealing some £459,000 from the SNP over 13 years. With respect she’s ‘avin’ a giraffe. You need to put on an accountants hat to see how the maths does not add up and Sturgeon is herself culpable. That I do below.

---

133 days ago

Georgina Energy Results – still technically insolvent, when's the next placing vicar?

The audited results for the year ended 31 January 2026 came out yesterday and show that  Georgina Energy (GEX) made a pre-tax loss of £2,750,196.  Net liabilities increased from £1,509,250 to £3,039,061 after Georgina share capital increases of £1,225,048. It was technically insolvent and despite post period end fund raises it still is as it continues to bleed cash.

---

133 days ago

Tom Winnifrith Bearcast: Yes I do have a grudge (two in fact) and yes I am going to Bristol on June 26

I discuss the two reasons why I wish to see David Bramhill and his gang of troughers both ousted and humiliated at Union Jack Oil (UJO).

---

134 days ago

Powerhouse Energy – it's that time of the month again, yet another placing

It was only just a smidgeon over a month ago that cash guzzling perma dog Powerhouse Energy (PHE) raised £650,000 at 0.2p to keep the lights on with the scholars and gentlemen round at Turner Pope doing the honours.

---

134 days ago

BREAKING: News coming in from South Africa means Petra is going to zero far faster than even I predicted – free money if you short

This is now officially free money if you short Petra Diamonds (PDL) at 12.8p, a market cap of forty million quid. The equity is worth 0p which will vindicate my prior warnings of this such as this on just a few weeks ago. The news from South Africa is grim

---

134 days ago

Nigel Farage’s bitcoin spoof Stack BTC spanks the Monkey: all change

Stack BTC (STAK) the bitcoin in treasury spoof chaired by the UK’s least successful chancellor in history Kwasi Kwarteng was created with the assistance of advisor and broker VSA Capital run by London’s most conceited financier, the self styled Very Sexy Andrew Monk. Well here’s gratitude for you..

---

134 days ago

Clean Power Hydrogen – £60 million quid probably up in smoke on the AIM casino as shares suspended

Another day, another disaster on the AIM Casino with £60 million now probably up in smoke. This is a tale of a technical problem at Clean Power Hydrogen (CPH2), management incompetence and broker spivery with the scholars and gentlemen at Turner Pope. The net result is that punters may well lose everything but today's RNS 'fess up is far from complete. Oh no. For that you need Winnileaks.

---

134 days ago

The 57 vape shops the Government says needs skilled migrants a government database to trawl to rage about your local cons

The Government has a database of all UK businesses that are registered as being licensed to sponsor to import skilled immigrants because they cannot find suitable local talent among the 9 million UK economically inactive folks of working age. The database is shocking, whatever you think of immigration policy.

---

134 days ago

Medpal AI heavy losses in first interim results: another Drummond Brothers special

MedPal AI (MPAL)  interim results for the six months to 28 February 2026 showed revenue of £1,603,943 at a gross margin of 22%.  After administrative cost of £3,427,902) and other items the pre-tax loss was £3,457,314. Pretty much pat for the course for a Drummond Bros company you might say.

---

134 days ago

Tom Winnifrith Bearcast: the sacking of BP chairman Albert Manifold

He says it was unfair. It was Amanda Blanc who pulled the trigger. I look at big corporate culture and the GroupThink of the oversized BP (BP.) board epitomised by Ms Blanc and ask what it says about the company and the share price

---

135 days ago

Tom Winnifrith Bearcast: Folks in total denial and corporate governance fails

In today's podcast I look at Skinbiotherapeutics (SBTX), Union Jack Oil (UJO) and Optibiotix (OPTI).

---

135 days ago

Union Jack Oil: David Bramhill’s other pending payoff – where are the shareholders two swimming pools?

Over at Companies House, David Bramhill of Union Jack Oil (UJO) still lists his address as Fircroft, Barton Lane, Berrynarbor, Ilfracombe Devon. As it happens Brammers looks to be set for at least one enormous payoff this year as the house appears to have been sold, STC, on the Rightmove website. Hopefully, after he is sacked at the AGM on June 26, he will get a second , smaller, payoff.

---

135 days ago

Pump & Dump placing alert - the RoastPR red flag flies at ValiRx

A biotech company getting a patent is not exactly ground breaking. It proves nothing and it does not demonstrate efficacy or commerciality. And thus to "big it up" looks like a pre placing pimp. Especially...

---

135 days ago

Gold dips below $4,400 so is Malcolm Burne panicking?

Malcolm was investing in gold and gold shares before I was born, back in the swinging sixties. He knows his stuff. But earlier today as gold dipped below $4,400 ( it has rallied a bit since) I asked him if he was at all concerned? His reply....

---

135 days ago

Skinbiotherapeutics fraud enquiry update: this reads very badly

As I have noted many times, to hoots of derision from small furry rodents, Stuart Ashman’s fanboys and other denialists, if the only matter being investigated by FRP at Skinbiotherapeutics (SBTX) was the fraudulent recognition of accrued income from Croda, thus investigation which started in mid February would have been over by March. Today we have an update.

---

135 days ago

Bristol 26 June 11 AM – we are on!

Paperwork is, as I write, being sorted out to make me a proxy for a shareholder in Union Jack Oil (UJO). Pete “Fagash” Brailey has bought 150 shares. And thus both of us will be pitching up at a posh Bristol hotel at 11 AM on June 26 for the AGM. Does David Bramhill really want this?

---

135 days ago

Versarien – Total Carbide now in administration, does anyone care about learning lessons?

Back in the good old days when Neill Ricketts was the darling of the BBM community and pumpers such as Alan Green, Doc Holliday and Zak Mir used to launch vile personal attacks on me, queerying my motives, for asking numerous questions about Versarien (VRS) and exposing its LIES one if the defences was the strength of the asset backing.

---

136 days ago

I don’t like Sundae’s: piss poor interims, cash crisis ahoy!

I have been a perma bear of AIM Casino listed Jonathan Bixby spoof AI cum crypto dog Sundae Bar (SBRA) since it joined the AIM Casino c/o London’s worst Nomad Roland “Fatty” Cornish and both the share price performance and today’s utterly dismal and misleading interims vindicate that. Amazingly, at 4.4p, this piece of merde is still capitalised at  £19 million. The shares could fall 75% and still be expensive.

---

136 days ago

Video: Why Silver Will Outperform The Miners, Gold to $15,000 & Oil

Trader and analyst Gary Savage warns of looming stockmarket meltdown. He sees it entering a final parabolic bubble phase, particularly in semiconductors, warning signs like a diverging banking index and Hindenburg Omens suggest increasing danger.

---

136 days ago

Shall I go to Bristol on 26 June for some trougher baiting? Whaddya think?

I am tempted. Knowing Union Jack Oil (UJO) there are bound to be some posh biscuits on offer at the AGM. And I have a 96 year old great aunt living there who I really do want to see. On the other hand…

---

136 days ago

Tom Winnifrith bearcast: David Bramhill smears, misleads and greenmails his shareholders

Seemingly unaware of Craig Howie's letter to shareholders yesterday, David Bramhill of Union Jack Oil (UJO), a man who used shareholders funds to get corporate spooks prying into Pete "fagash" Brailey's girlfriend, has today issued the most disgusting RNS. I discuss it in detail and why it is itself an invitation to sack the board.

---

136 days ago

Colin Turd is bullshitting again at Kendrick Resources

The wretched and shameless octogenarian share spiv Colin Bird just cannot help himself. He knows that shareholders in Kendrick Resources (KEN) are gullible fools and just plays to that. There is another misleading RNS today about the company’s farm in prospect in Namibia. The one whose owners tried to tout for a farm in for 4 years with no success until it met then then heavily insolvent Kendrick Resources.

---

137 days ago

Union Jack boardroom battle starts to get fruity: Howie goes on the attack

I am told that Union Jack Oil (UJO) is preparing an RNS attacking Craig Howie and his call to sack the greedy and useless board. We know that Howie will win the AGM vote so the cost of the board fighting him is just money wasted as the troughers try to prolong their troughing.  Howie has however got in first with a letter going out today to shareholders. It reads:

---

137 days ago

Tern funds loss making Talking Medicines again: not what the Doctor ordered!

Today Tern (TERN) announced that it had invested a further approximately £48,000 of cash into Talking Medicines and by cancelling existing loan notes of approximately £87,000 now has been granted £270,000 of new unsecured convertible loan notes.  The RNS describes the terms of the new   notes as follows:

---

137 days ago

Tom Winnifrith Bearcast No 2: Losing my faith in humanity I'm off to strim nettles, back at 7 PM

I am just flagging up that I shall be back at 7 PM with an article that can't go out until then but needs to go out before tomorrow. Meanwhile who makes me despair? Rupert Lowe and his fans, Colin Turd and Kendrick Resources (KEN) and all involved in BSF Enterprise (BSFA) as it tries another pump as it NEEDS warrants exercising but dodges the 2 enormous elephants in the room.

---

137 days ago

BlueBird Mining Ventures – shares hit new low is it because? a) b) c) or d) all three?

To think that Bluebird Mining Ventures (BMV) shares were almost 2p last summer. Today they have again fallen, to just 0.0575p despite disgraced CEO Sath Ganesarajah issuing two ramptastic updates so far thus month. Is the ongoing collapse because:

---

137 days ago

Colin Bird you are a nauseating shit, a morally bankrupt piece of carbon: Kendrick Resources placing

I read today’s news of a placing by Kendrick Resources (KEN), something predicted here last week, and am again filled with despair at all involved. What worthless pieces of carbon behave in this morally bankrupt way. Let me explain?

---

137 days ago

Video: ‘Inevitable’ Oil Shortages, Famine is Coming, Gold above $10,000 within five years

Analyst Simon Hunt kicks off with the ongoing disruption in the Strait of Hormuz and its profound implications for global energy supplies. Hunt explains that Saudi Arabia is attempting to broker a new regional architecture involving China, Russia, Pakistan, and Turkey, partly in response to Iran’s demonstrated military capabilities. He assesses only a fifty percent chance of success, warning that even if a ceasefire is reached, reopening the strait to normal traffic could take months, and oil stockpiles in Asia, Europe, and America may be exhausted by mid-July.

---

137 days ago

The greed of the 80 year olds at Union Jack 2013 -2026 laid bare

The greed at Union Jack Oil (UJO) is off the scale as the table below showing troughings going back to the 2013 IPO shows. Directors David Bramhill, Joe O'Farrell and Graham Bull own less than 2% of the equity. The shares have fallen from an adjusted IPO price of 50p to 3.5p in 13 years. Yet here are the takings of each of them. Its shocking. 

---

137 days ago

Tom Winnifrith Bearcast No 1: The good the bad and the ugly

I discuss today's news from Ariana Resources (AAU) and a call with Kerim Sener, Union Jack Oil (UJO) and Kefi Gold & Copper (KEFI) and what you should do with all three shares.

---

138 days ago

Tom Winnifrith Bearcast: How can any sane investor in shares believe this Heatwave hogshit data and what a Fandango at Fandango, over to the FCA

I start with the heatwave data and explain why its so much horse. Then onto Plutus Powergen and Fandango, the missing 350 grand and a scandal the FCA should be all over.

---

138 days ago

“Man of the People” Ben Habib of Advance UK and First Property, for whom is he a "wealth creator"?

Ben Habib is one of those countless folks who over the years has worked with Nigel Farage and then fallen out with him. Most just give up on politics but some who have wealth and egos try to take Farage down with rival parties. Rupert Lowe of Restore is one such egomaniac. Another is Ben Habib who leads Advance UK and who is backing Lowe’s lot in the Makerfield by-election. Rugby and Cambridge educated Habib portrays himself as a successful entrepreneurial wealth creator as well as a a man of the people. His actual record bears some scrutiny.

---

138 days ago

The Real Reason “it’s always sunny in Wrexham” – it’s a con!

We could go to Rob McElhenney and “It’s always sunny in Philadelphia” and then to the Declan Swans song “It’s always sunny in Wrexham: praising the new co-owner of our local club. But I refer to the weather map pumped out by the BBC and others which always seems to show Wrexham as being that little bit warmer than other parts of Wales and the neighbouring English counties. Is it really always sunny in Wrexham? Er..no.

---

139 days ago

Bloomsbury Publishing – full-year results, “strong confidence” ahead

Publisher Bloomsbury (BMY) has announced results for its year ended 28th February 2026 headlined “Strong outlook underpinning recently upgraded expectations for 2026/27”. That sounds good, so how does the outlook appear from the valuation at a current 639p share price?

---

139 days ago

Just when you could not hate the Guardian enough for its fake news – Tulsi Gabbard, her husband's cancer and her resignation

The liberal left hates Tulsi Gabbard because she was once a Democrat congresswoman from Hawaii but is now a Republican. Unusually among politicians Tulsi served in the military and like Bobby Kennedy she felt the Dems left her not the other way round: over (lack of) free speech, too many foreign wars, sucking up to big food and big pharma and other matters. For crossing the aisle she has been smeared, notably by crooked Hillary Clinton, as a “Russian asset” and generally demonised.

---

140 days ago

Nuburu Q1 2026 results show monumental scale of dilution

Alessandro Zamboni’s insolvent US fraud Nuburu (US:BURU) has filed its results for the quarter ended 31 March 2026 which the bulls got excited about because they showed some revenue, only a small net loss and positive net assets. But...

---

140 days ago

C/o Winnileaks the ECO Buildings Placing Deck

Eco Buildings (ECOB) is not the source of this presentation which arraived at Winnileaks just now I sense it might be embarrassed for the forecasts approved by its Nomad are somewhat lower than the numbers Chris Gilbert has been handing out.  The Nomad has to be over prudent I guess while a promoter rarely is. But even on these numbers the shares look very cheap. Anyhow judge for yourselves I reckon it is a decent presentation.

---

140 days ago

EXPOSE: Alessandro Zamboni personally booked a $15 million gain on sale of Orbit to Nuburu? KPMG has big questions to answer!

In the IPO of RegTech Open Project Plc in August 2023, Alessandro Zamboni reversed his wholly owned Orbit business into RegTech which valued the business at £60 million in its IPO. 

---

140 days ago

Tom Winnifrith Bearcast: TW's a crook, he's a drunk and Janganda Mines

Apparently I must be one or the other for NOT running a bear piece on Janganda Mines (JAN). Whatever. I offer up a sober assessment of the charges against Janganda and the investment case.

---

141 days ago

Tom Winnifrith Bearcast No 2: Another letter to the FCA is needed and its them and us, they just don't get it

As I dodge  my wife's Chapel's away weekend I consider BSF Enterprise (BSFA) and its T Rex claims and my anger at Carla Denyer MP and her supposed "burnout."

---

141 days ago

BSF Enterprise and its T-Rex handbag - is there more dinosaur related DNA at your local KFC?

There are still no TR1s out from Frankenstein meat company BSF Enterprise (BSFA) suggesting that wholesale market abuse has taken place. At the heart of that abuse, a pump and dump scheme, was excitement about BSF’s T-Rex leather handbag. Yes a handbag made from factory grown leather derived from the old king of the lizards.

---

141 days ago

Marwyn Value Investors – another dividend to follow recent annual results

Investment company Marwyn Value Investors (MVI) is to pay another 2.265p per share quarterly dividend on 29th May following recent 2025 results and with a latest stated estimated net asset value per share of 255.8p, so how’s this 127p offer price tip from last year currently faring?

---

141 days ago

Does Bloomberg have ANY Editorial standards: 78 days into Laura Zelenko’s apparent cover up of the project FUNDED BY FRAUD to destroy me! I

It is now 78 days since I exposed the criminal conspiracy funded by Paul Mathieson’s fraud Amazing AI and organized by Harvey Weinstein’s hired thug Seth Freedman and Nick Leesonof Barings infamy to destroy me. 78 days ago I wrote to Bloomberg’s Editor in Chief John Micklethwait demanding an enquiry into how his employees Will Shaw and Meg Short had been lured into assisting this conspiracy, their lack of professional standards and worse. Let’s be clear, at the behest of Freedman, Meg Short's "journalism" involved spreading defamatory “rumours”, i.e outright lies, to market participants because Freedman had been paid to destroy my reputation.

---

141 days ago

The real problem with AQSE is you cannot short stocks – £86m of madness at Delta Gold

Do not tell crazy Meg Short at Bloomberg but the real problem on AQSE is that you cannot short stocks. That means that most bears do not offer critical comment and thus nonsense on stilts can be pumped by means fair and foul to ludicrous valuations. In the end gravity kicks in and mug punters do their conkers. It is a crazy system, have a look at Delta Gold Technologies (DGQ), how the bears wish they could short it.

---

141 days ago

Tom Winnifrith Bearcast No 1: 2 mugs from Wrexham

I start with a mystery gift which arrived yesterday, does anyone wish to claim credit? Then I chat to Chris Gilbert of Eco Buildings (ECOB). Does that make me a second mug from Wrexham?

---

141 days ago

Chill Brands: Comrade Swanny makes 900% in a day? Er..no…

According to ADVFN shares in Chill Brands (CHLL) are 900% ahead today at 3.5p. Could it be that at last, kiss of death comrade Jonathan Swann has had a triumph? Er…no.

---

141 days ago

Tern - Device Authority funding for “working capital”: more bullshit, vicar?

Today’s RNS from Tern (TERN) announcing that it is subscribing for $280,000 (approximately £209,000) into convertible loan notes in Device Authority Limited using the recent placing of £222,000 raises a number of observations.

---

142 days ago

Caption contest: kickstarting GDP Growth by scrapping VAT at Legoland for August Edition

Rachel from Customer Services has announced a package of measures to kickstart economic growth.  Cutting the cost of employing workers? Nope.  Scrapping VAT on Legoland in August. Of course. Ms Reeves is pictured below doing her sums. Please supply a suitable caption on the comments section.

---

142 days ago

Ariana Resources – “pleased to advise” sale of a majority of its interest in its production venture. How ‘pleasing’ is it?

Ariana Resources (AAU) states that it “is pleased to advise that it has agreed to sell 13.6% out of its 23.5% interest in Zenit to existing Zenit shareholder Özaltin”. With the Zenit venture including all of Ariana’s current gold production, how “pleased” should it really be with this deal netting it “an estimated c.US$17.2 million after local taxes”?

---

142 days ago

Tom Winnifrith Bearcast: Am I really being naive?

The reference is comments on Eco Buildings (ECOB). Could it be a fraud? Is my investing style just naive?

---

142 days ago

London Bitcoin Company – a few questions

I see that shares in the London Bitcoin Company (BTC) the box of frogs, failed bitcoin miner cum bitcoin in treasury spoof cum gold explorer run by the old rogue David Lenigas have headed back up to 2.55p.  That leaves Lenigas sitting on a 900% gain on his shortly before IPO investment and mug punters now sitting on losses from peak ramp of only 96%. Before anyone gets carried away, a few questions::

---

142 days ago

Tom Winnifrith Bearcast No 1: Net Migration data out, the real numbers, the deceit and the implications

Net immigration fell to 177,000 in 2025. I look beneath the headline number at what is really going on. Then I consider the wider implications not least the looming glut of residential housing.

---

142 days ago

BSF Enterprise: “ Been directed to X where Tom Winnifrith is making false statements” as AI serves up a lie

Of course I am not. Unless you think that being a Hitler worshipping blood libel spewing moron is somehow not anti semitic. But that is the charge made against me on the LSE Asylum by a clown called JungleVIP. The thread is , in a sad way, an amusing one in the sad way that Georgians used to go and enjoy the spectacle of lunatics dribbling and ranting at Bedlam. But it shows exactly where the lack of TR1 and the consequent market abuse scandal, flagged up by myself in articles JungleVIP has not read, is so important.

---

143 days ago

Tom Winnifrith Bearcast No 2: NPVs, a change of website direction and time to throw ECOB under the bus?

You see I do read your comments in the comments section and this is my response to a few comments made.

---

143 days ago

BSF Enterprise & the Hitler worshipper who thinks I'm a dirty Jew

This is just so 2026. Yesterday I posted a very reasonable, fact based, article on why Frankenstein meat company BSF Enterprise (BSFA) is in all sorts of bother with the FCA over a lack of TR1 and possible market abuse HERE. And I sent out a note and a link on X.  Someone reacted. Well I guess Hitler was a vegetarian and so might have liked the work of BSF Enterprise. But even so...

---

143 days ago

Georgina Energy: Today’s the pump, when’s the dump?

Georgina Energy (GEX) is technically insolvent even after its most recent placing three weeks ago in which it raised a Bernie ( before costs) at 2.7p. That is to say it has net current liabilities and is burning cash.

---

143 days ago

Video: ‘No End In Sight’ for Fiat Crisis, Fertilizers, Oil & Gold

Analyst “ Mining Stock Monkey” argues that while structural tailwinds like electrification, AI infrastructure, and global poverty reduction support a broad commodities bull market, selectivity is critical.

---

143 days ago

Evil Banksta – short Petra, it’s a zero

Liverpool’s greatest numbers man since his fellow believer in a low tax state, Mr Ken Dodd, seems active on the short tack once again. Yesterday, it was Victoria (VCP) as I discussed HERE. Now he drops me a note on Petra Diamonds (PDL) which is eminently shortable at 15p, a market cap of fifty million quid. The most honest Scouse businessman since Derek Hatton has a target price of zero. He opines:

---

143 days ago

Tom Winnifrith Bearcast No 1: Discussing the most hated CEO on AIM as Kefi shares slip below the placing price

Back to Kefi Gold & Copper (KEFI), two new reasons to hate Harry Adams as the shares become ever cheaper

---

144 days ago

Tom Winnifrith Bearcast No 2: Evil Banksta on the Victoria short

In the second podcast of the day I look at Victoria (VCP) and the thoughts of the 46 year old chair of Bexley YCs. Then at Tern (TERN), Bluebird Mining Ventures (BMV), Altona Rare Earths (REE) and Princes Group (PRN).

---

144 days ago

Tom Winnifrith Bearcast No 1: something to please the Euroloon and the slippery language of three mining promoters

I start with how Rupert Lowe MP is, like Nigel Farage MP, spoofing his followers to lose money on an illiquid investment that cannot pay off. Then the three promoters and their slippery language at Kefi Gold & Copper (KEFI), Ariana (AAU) and Kendrick Resources (KEN).

---

144 days ago

Dave Lenigas X Rant against my NBF Andrew Webley

Mr Webley, the boss of Smarter Web Company (SWC) is organizing an event on May 29 in Bristol the Bitcoin Treasuries Unconference as you can see HERE. But it seems that not everybody is NOT invited to the ball…

---

144 days ago

BREAKING: The FCA IS crawling all over BSF Enterprise, John Story and others and rightly so with 5 missing TR1 the basis of market abuse

The FCA has responded to my complaints regarding Frankenstein Meat Company BSF Enterprise (BSFA) and FIVE missing TR1s which may lead to charges of market abuse. There are still no TR1s and so let’s be clear that there is market abuse. The FCA says that:

---

144 days ago

The crumbling Alessandro Zamboni empire: Nuburu delays announcement of Q1 2026 earnings release

Is the Alessandro Zamboni house of cards collapsing? First up is the insolvent US fraud Nuburu (US:BURU).

---

144 days ago

Pr1ority Intelligence Group: – where are the year end audited accounts: deafening silence!

I have been a perma bear of Pri0r1ty Intelligence (PR1) from its December 2024 listing c/o London’s worst Nomad, Roland “fatty” Cornish. Promoted by all sorts of rogues including David Lenigas and the charlatan’s charlatan Zak Mir, using two brokers to constantly issue keep the lights on confetti, its business model has always been nonsense built on stilts. Natch I have been 100% vindicated.

---

144 days ago

Tern – yet another pump and dump placing: more worthless confetti vicar?

On 12 May Tern (TERN) issued an RNS announcing “Device Authority Strategic Partnership with Xalient.” That was the pump.

---

145 days ago

Tom Winnifrith Bearcast No 2: Joshua's underpants, Skins and gold

It is the first of the three that explains the late podcast then I discuss gold and Skinbiotherapeutics (SBTX)

---

145 days ago

Tom Winnifrith Bearcast No 1: Has Ariana's Sener been kebabbed by his Turkish mates

I discuss today's news from Ariana Resources (AAU) and an "incident" from Saturday evening and the Eurovision party of the Mrs.

---

145 days ago

Video: gold to soar, silver to hit $500

Technical analyst Michael Oliver argues that a major government bond crisis is quietly underway, driven by unsustainable debt levels in the US and other developed nations. He contends that the T-bond market is on the verge of breaking down to new price lows, an event largely ignored by mainstream financial media but one that could trigger a panic.

---

145 days ago

Kendrick Resources – with fanboys like this odious man, you know it’s a moron only stock

Big_kahuna is a shareholder in technically insolvent, soon to place, grossly overvalued Kendrick Resources (KEN) and a keen poster on the LSE Asylum. buried_treasure also posts, in a critical way, on the LSE Asylum and is frequently accused of being me or paid by me. He is not either! It Seems that buried has also pointed out that Kendrick is technically insolvent and certain to place. Big responds:

---

145 days ago

Roast PR & Kendrick Resources – questions

Despite raising a Bernie at 2.6p on 23 March Kendrick Resources (KEN) is almost certainly still technically insolvent and thus using the services of scumbags rampers for hire Roast to ramp the shares ahead of another, imminent, placing. So here are some questions for Roast and for Kendrick.

---

145 days ago

Kendrick Resources – is its farm in asset really world class? Do I have a grudge?

In yesterday’s bearcast I pointed out that Kendrick Resources (KEND) was almost certainly technically insolvent and that there were numerous red flags which made a 7.625p share price, 28 million quid market cap bonkers. Natch the believers have hit back at old TW who does not know what he is talking about with 2 main charges against me.

---

146 days ago

Nuburu Inc – yet another dilutive share issue to retire debt, more confetti vicar?

Alessandro Zamboni’s insolvent fraud Nuburu (US:BURU) is required to reach positive shareholders net equity of at least $4 million by 29 October 29, 2026 in order to meet NYSE American continued listing standards under Section 1003(a)(ii) of the Company Guide, which requires a company to maintain stockholders’ equity of $4.0 million if like Nuburu it has posted losses in three of the last four years or face being delisted.  At present Nuburu continues to generate losses, so the only way for it to increase shareholders equity is to issue more ordinary shares.

---

146 days ago

Tom Winnifrith Bearcast: Colin Bird and the madness at Kendrick Resources

It's technically insolvent FFS yet there are suggestions that Kendrick (KEN) is worth one and a half billion quid and can be a 50 bagger. I discuss.

---

147 days ago

Photo Article: dressed for the Eurovision party, guess where my 10 votes from Wales are going

The Mrs is organising a small gathering to watch Eurovision. I am slaving over a stove in between penning articles preparing a meal of Spanish food as Franco’s ideological heirs are boycotting the event. Natch there is also Sabre hummus on offer. Now can you guess where my ten votes from Wales will be going?

---

147 days ago

In case you wondered who cost Technology Minerals 4.6 million quid

In late March Technology Minerals (TM1) published abject numbers including a #4.6 million quid restatement as I crowed about HERE. Just in case you thought that this was idle boasting, my good pals at the Financial Reporting Council have written to me to thank me for bringing the matters to their attention that saw it forcing Technology to restate. Gotcha! Enjoy.

---

147 days ago

GOTCHA!: Alpha Growth increased losses as historic accounts are materially restated thanks to old TW

Alpha Growth (ALGW) delisted from the Main Market following an accounting debacle where its auditors PKF Littlejohn disclaimed their opinion on the accounts citing Alpha’s failure to properly evaluate whether some of the life insurance contracts it subsidiaries issued were required to be accounted for under IFRS 17 Insurance Contracts.

---

148 days ago

Tom Winnifrith Bearcast: My Saturday punishment awaits

I end by describing what torture awaits. I start with the Valereum (VLRM) scandal and then consider how it now seems to be wholly acceptable to mislead punters ahead of fund raisings looking at Kefi Gold & Copper (KEFI), Predator Oil & Gas (PRD),  Amaroq (AMRQ) and Optibiotix (OPTI). How cynical we have all become.

---

148 days ago

Blackbird: not placing now = when did you stop beating your wife? But 10/10 for MBA Wankspeak

Goaded by my recent comments about the state of its balance sheet, Blackbird (BIRD), the company that as it enters its 30th year is yet to ever book a profit has released what it desperately wants to be seen as a few words of comfort. Believers will, after 30 years of let downs still believe, the rest of us will not.

---

148 days ago

Predator Oil & Gas Placing Part 2, is this an undeclared related party deal?

I have already commented on how, in the space of 15 days, Predator Oil & Gas (PRD) has gone from fully funded for 12 months to discounted placing to raise 3 Bernies organized by the biggest spiv brokers in town. But, as he starts his second pack of the day, correspondent Pete “fagash” Brailey, formerly of this Parish, asks if this is an undeclared related party deal on the table.

---

148 days ago

Alessandro Zamboni’s Nuburu: more nonsense numbers vicar?

Nuburu (US:BURU) has issued a Press Release stating that it expected shareholders equity to be positive and in excess of $2 million as at 31 March 2026 and in the region of $3.2 million.  If Nuburu had got its quarterly 10Q report filed already it could have issued a more definitive statement. But I guess giving accurate numbers is only for little people.

---

148 days ago

Optibiotix, the material uncertainty – might a placing be on the cards? More dilution vicar?

I do not know but I speculate.  Optibiotix (OPTI) will publish its results for the year to December 31 at some point in June. History suggests that it will be at the end of the month.

---

148 days ago

Valereum bailout placing – buying the loyalty of, now compromised, advisors: this stinks

In allowing Valereum (VLRM) to buy off its advisors by handing out 1 million warrants with a 1p strike and another 2.5 million with a 2.5p strike in return for not demanding answers to massive questions but instead organizing a bailout fund raise, AQSE Regulation shows why it is not fit for purpose. The whole AQSE market is officially a total rum ‘n’coke.

---

148 days ago

Predator Oil & Gas: Only 15 days to show that Paul Griffiths and the spivs misled and to vindicate old "hurty words" TW

It was on deadline day, 30 April that Predator Oil & Gas (PRD) posted its calendar 2025 numbers which were utterly abject and showed a balance sheet with huge net current liabilities and a company burning cash. Natch the demented old cock in charge Pal Griffiths insisted that the company was fully funded for 12 months, a claim I debunked on the day HERE.

---

149 days ago

Tom Winnifrith Bearcast: political madness, Angela Rayner's bent finances, bid fever and bloody Ariana

I start with Ms Rayner. It is a stitch up. Then whether politics makes UK shares expensive. I argue not. Bid fever at Spire (SPI) and Tate & Lyle (TATE) and finally bloody Ariana (AAU)

---

149 days ago

Andrew Webley of the Smarter Web Company makes a schoolboy error on X: I'm grateful

Mr Webley is a brave man for today, as you can see below, he has committed the ultimate schoolboy error of going to social media to praise the City's most hated man, that is myself. His shareholders appear united in hating me and thinking I am an idiot for not buying Smarter shares at up to 600p, but seem to think he will transform me into a bitcoin bull. I think not.

---

149 days ago

World Chess get your ouzo ready: is the Fat Lady ready?

World Chess (CHSS) listed on the LSE at 6.25p in April 2023. I was a bear from the get go and have flagged up its woes, disclosed and undisclosed, ever since. The company was always drowning in red flags and its valuation insane. At one point the shares were pumped, in July 2024, to 15p. Today they are off by 27% at just 0.225p. But that is still a three million quid market cap. Get your ouzo ready.

---

149 days ago

Who do you think you are kidding Mr O’Hara?

It was, as I pointed out the other day, almost ten years ago that Police Time Wastin’Steve O’Hara of Optibiotix (OPTI) took to the media claiming that a commercial launch of Sweetbiotix was just around the corner. This time last year O’Hara was in detailed discussions with Pepsi or was it Coke. Who cares if it came to nowt but he got a share placement away.

---

149 days ago

The Amaroq Capital Markets Presentation : positives and just 1 negative that could be seen as a positive

For me there is just one negative but you may view it as a positive. There are many positives. The Capital Markets Day presentation is below. I offer a few thoughts.

---

149 days ago

Two Tier Justice – Angela Rayner and the taxman

Imagine the scene. The NHS cocks up your kid's operation and you get vast compensation which you use to buy a luxury shag pad for you and your new partner hundreds of miles away from your, now, handicapped kid. You fill in the forms incorrectly and dodge forty grand of tax on the purchase. But someone dobs you into the HMRC and it starts to investigate. Feck! there is a big job opening up  you want to put in for and this is still hanging around your neck.

---

149 days ago

Wildcat Gold – you could not make this shit up ( warning this article contains unpleasant scenes of a sexual nature)

In February of this year Guild Advisory “parted company” with what was then Wildcat Petroleum , now Wildcat Gold (WCAT) as its Main Market listed advisor. Wildcat could not afford to pay the fees so declined to renew the annual contract. Guild let it be known that it was not devastated, it had read all the exposes of the lies, the pumping and other shenanigans on this website, it knew Wildcat was a wrong un. Today…

---

150 days ago

Tom Winnifrith Bearcast No 2: My guilty confession and Amaroq

I start with my guilty confession and then move onto today's news from Amaroq (AMRQ)

---

150 days ago

Hewie Rattray talks patent nonsense – does anybody care?

Yesterday I asked 65 year old birthday boy David Lenigas to come clean on the fiat light balance sheet at the London Bitcoin Company (BTC) which he co manages with 14 year old pipsqueak Hewie Rattray. Today I ask you to consider the most recent 29 April RNS and why Hewie talks utter cock. Well, he has learned from the master…

---

150 days ago

Letter to the FCA: Its been a month FFS, time to investigate John Story and BSF Enterprise

I have checked my calendar and it is now exactly one month since BSF Enterprise (BSFA) announced that the so called strategic investor had dumped most of his shares after less than a fortnight onto disgraced John Story and that Story, who was also described as a strategic investor, would be issuing a TR1 “in due course following settlement” I believe that RNS was tantamount to market abuse and have again written to my contact at the FCA

---

150 days ago

EXPOSE: Quantum Data Energy – where’s the resignation letter?

On 29th April at 7 AM Quantum Data Energy (QDE) announced that its auditors, Crowe LLP, had resigned with immediate effect, just hours before it was meant to sign off on calendar 2025 results.  Its CEO then served up an obviously bogus excuse for the resignation as I flagged up here.

---

150 days ago

Paula Barker MP – are we truly ruled by economic imbeciles?

Yes we are.

---

150 days ago

Tom Winnifrith Bearcast No 1: You are in utter denial you Skins owning lunatic

I swapped emails last night with a Skinbiotherapeutics (SBTX) shareholder. On 2 material matters he is in complete denial.

---

151 days ago

Happy 65th Birthday Big Dave Lenigas – how’s the London Bitcoin balance sheet looking?

In the good old days David Lenigas would, as he turns 65 today, have been handed a gold watch and wished well in his retirement. Sadly, none of the dreadful companies he has inflicted on London investors have ever produced enough gold for a watch so he must plug on.  And that brings me to his latest wealth destroying disaster.

---

151 days ago

Tom Winnifrith Bearcast: the fall of Keir Starmer and what it means, Wickes and Marstons

I start with just how frigging useless the NHS can be then onto the fall of Keir Starmer and what it means for UK shares and the real economy then two companies in particular: Wickes (WIX) and Marstons (MARS). Finally just a note that there are now just 16 Sharestock tickets going so book your seats for September 5 HERE

---

151 days ago

Video: The Mother of All Supply Distributions & Why Gold Will Go ‘Much Higher’

Analyst Luke Gromen flags up  several critical trends: the largest commodity supply flow disruption in history, unprecedented levels of globalization, sovereign debt, and market valuations. He argues that current global tensions, particularly around the Strait of Hormuz, could trigger significant economic challenges. The potential closure of strategic maritime routes could lead to dramatic supply chain breakdowns, potentially causing localized famines and massive economic disruptions.

---

151 days ago

Letter to Nomad Allenby: Re Blackbird and its financial position

Having collapsed yesterday there is a tiny bounce, to 1.45p, in the Blackbird (BIRD) share price. But its looming financial crisis has not gone away. I have written to nomad Allenby

---

151 days ago

Mark Dixon: you are a brave man but that does not make you right!

A TR1 is just up, the purchaser of the 8.9 million Skinbiotherapeutics (SBTX) dumped by Police Time Wastin’ Steve O’Hara’s Optibiotix, is, as I predicted, that Mark Dixon fellow. He paid 9p for the shares so is averaging down/catching a falling knife.

---

151 days ago

Falconedge is Delusional

Falconedge (EDGE) the AQSE lobster pot bitcoin in treasury box of frogs has issued an April update. Who is it trying to fool: investors or the poltroons including PR genius Steffi – who sit on its board? Poltroons who got their cut priced shares just weeks before the IPO.

---

152 days ago

Reader Prize (if I can find it) Contest: Guess the Skins share price the day it comes back from suspension

I have a framed letter ( he framed it) from Skinbiotherapeutics (SBTX) lunatic Bill Barbour explaining why I should not sell my shares because they were going to at least ten quid each. Of course Bill sold his shares at 14p. The shares were suspended at 9.75p.

---

152 days ago

Tom Winnifrith Bearcast: TW's views don't count Mr Market is right says a reader

The reader is half right. I discuss perfect markers in relation to Wildcat Gold (WCAT), and Kefi Gold & Copper (KEFI). I then look at Hamak Strategy (HAMA) and Blackbird (BIRD).

---

152 days ago

Valereum – if it cannot answer these three questions surely its shares should be suspended?

I simply cannot understand why shares in Valereum (VLRM) continue to trade after it has been shown to have deceived investors so often. At 3.25p it is, quite amazingly, still capitalized at £16 million. There are three questions that hapless advisor Ross Andrews of Guild should be forcing his client to answer. If it can’t or won’t the shares should surely be suspended.

---

152 days ago

When will Stockopedia hit the buffers asks PL

I wonder how Ed Croft of Stockopedia, the website that ranked both Globo and Quindell, AIM's highest profile frauds, as screaming buys and urged its followers to FYB with Wirecard just days before it went bust as Europe’s biggest fraud, is doing? Following yesterday’s article about The Motley Fool, PL asks when will Stocko hit the buffers?

---

152 days ago

Why can’t Delta Gold admit it paid for the blowjob report

Delta Gold (DGQ) has today used an RNS. I explained here why it is monstrously overvalued and is being promoted on social media by all sorts of ghouls. Today’s RNS really should make its biggest shareholder, Comrade Swann, and others think a second. It is shocking in what it does not say.

---

153 days ago

Tom Winnifrith Bearcast: Arguing with Nigel about Kefi

I have been busy planting more onions so, late in the day, I discuss Kefi Gold & Copper (KEFI), Skinbiotherapeutics (SBTX) and limp dick fund managers who fail us all.

---

153 days ago

Motley Fool UK loses US sugar daddy – how long can it survive?

For years Motley Fool UK has been losing money and has survived only because of the financial support of its US sugar daddy, the US Motley Fool. Now the UK operation has been sold to its directors for, one suspects, a pittance and you wonder is it viable at all?

---

153 days ago

BREAKING EXPOSE : Tern is hiding something as it issues worthless confetti yet again

I am sure that Tern (TERN) failed to disclose a material liability in its recent Open Offer but no doubt, no sniggering at the back, the Oxymorons at AIM Regulation are all over it.

---

154 days ago

Tom Winnifrith Bearcast: No familial underpants in tonight's entertainment as I consider whether I am a troll with a vendetta

I defend myself against charges of being a man driven by a vendetta or three or of being a troll. Then I discuss familial underpants and my entertainment tonight.

---

155 days ago

Ariana Resources – “Update on Dokwe Project Feasibility Activities”, upcoming catalysts suggest still a 4p+ target

Ariana Resources (AAU) has issued an “Update on Dokwe Project Feasibility Activities” announcement including “diamond drilling underway as part of a three-rig programme totalling an initial c.3,500m, focusing on geotechnical and metallurgical drilling”. The following is why there looks material upside potential from a currently nudged up to 1.9p share price.

---

155 days ago

Tom Winnifrith Bearcast: 4 death spirals compared and the UK political doom loop

I start on expectations management and what the (bad) result will be for you, me and UK PLC of Labour's mailing yesterday. Then four death spirals considered: Hamak Strategy (HAMA), Trellus (TRLS), Altona (REE) and Georgina Energy (GEX) and the various pickles that will result.

---

155 days ago

Letter to the FCA: Wildcat Gold has missed deadlines, is technically insolvent – an RNS is needed

I have dropped my contact at the FCA a note about Wildcat Gold (WCAT) which is on the Main Market and should be forced to make a statement.

---

155 days ago

A crackers valuation for a £1.2 billion UK short

I am a bear at a macro level. I see the global economy slowing and heading towards recession as we approach 2027 and that will be reflected in stockmarket weakness. When the tide goes out you get to see who is swimming with no trunks. Those who will be exposed at that point are the frauds, those with no earnings visibility, those running out of cash and those whose valuations are fueled by hopium and are just crackers.

---

155 days ago

Wildcat Gold – things that never happened, time to ‘fess up

When it was known as Wildcat Petroleum (WCAT) this company told a monster porky with its first RNS and over the following five years it has been downhill ever since. On 25 March shareholders in this company voted to move from the Main Market to the AQSE lobster pot and Wildcat said that it hoped to appoint an advisor over the weekend ( 28th-29th March). And…

---

155 days ago

Optibiotix: Tell me lies tell me sweetbiotix lies

I hope Fleetwood Mac fans get the title. In a posting on the Optibiotix (OPTI)  website last week, Police Time Wastin’ Steve O’Hara made claims about his cash runway which he cannot stand up and which the Oxymorons at AIM Regulation, at my behest, is now looking into. But he also made claims about Sweetbiotix. Police Time Wastin’ Steve said: it was “developing nicely” and that has excited some folks out there.

---

155 days ago

Trellus Health: another AIM disaster shows what happens when illiquidity meets a death spiral with an added dose of DEI hiring – and a question for Lyin’ Steve O’Hara

Trellus Health (TRLS) was admitted to the AIM casino in May 2021 at 40p per share. Over the past five years it has provided rich pickings for fat cat directors and crony capitalist advisors but, of course, not share shareholders. The shares were suspended today at 0.12p “pending clarification of its financial position”

---

155 days ago

Cedric Simonet of Altona talks le coq for the second time in three days

Maybe it is because he is a native frog speaker and something is lost in translation but Cedric Simonet of Altona Rare Earths (REE) is talking total coq once again.

---

156 days ago

easyJet – trading update, share price recovery value?

EasyJet (EZJ) has issued a trading update, stating that for its half-year ended 31st March 2026 “the airline delivering a load factor of 90%, up two percentage points year on year. easyJet holidays saw continued strong demand, with customer numbers increasing by 22%” but also noting some recent financial impacts from the Middle East conflict.

---

156 days ago

Tom Winnifrith Bearcast: I'm a believer. Well I'm not but he is.

In today's podcast I discuss impressive director buying at The Smarter Web Company (SWC), London Bitcoin Company (BTC) and AIM NEDs and pay and why a total shake up of the NED system and pay is called for.

---

156 days ago

Video: Why Gold Will Skyrocket

Analyst Grant Williams argues that the world is experiencing a fundamental reordering of monetary power, with the US dollar’s global dominance potentially eroding due to factors like sanctions, increasing government debt, and diminishing international trust.

---

156 days ago

Golden Prospect: I really am dithering here as what it is doing is bonkers

Shares in Golden Prospect (GPM) are well up on my purchase price, at 109p, and part of me is itching to sell on the basis that the management team seem to be batshit crazy. But part of me hangs on as gold is again starting to rumble and I reckon the NAV is set to go a lot higher. I am genuinely torn here.

---

156 days ago

Daughter Olaf says that I could be arrested for this

A recent poll suggested that 9% of British Muslim adults had, a week ago, already handed in a blank postal vote form to a community leader to fill in. Chances of an arrest there? Nil. But my daughter Olaf suggests that I could be arrested for the photo below.

---

156 days ago

Putting the Quantum Data Question to John Glasby at Crowe LLP

At the weekend I posted an article suggesting that Quantum Data Energy (QDE) was telling a slam dunk porky in suggesting that Crowe LLP had resigned as its auditor one day before it was due to sign off on calendar 2025 accounts because of a staff shortage. The audit partner at Crowe is John Glasby.

---

156 days ago

Union Jack Oil: the GM battle lines are officially drawn

Would Union Jack Oil (UJO) have followed QCA guidelines and put the whole board up for reelection at the AGM had Craig Howie who owns 9% of the equity not submitted a resolution to that effect? Perhaps. Perhaps not. I showed on Monday how Union Jack claims to follow QCA Guidance but in fact does not.

---

157 days ago

Tom Winnifrith Bearcast: Vote Green for Hope, Kindness, Charity & Peace says woman who wants to blow up Jews

I start with a short tale from the local elections. It's so 2026. Then Iran, oil, gold, the UK economic slowdown, Optibiotix (OPTI) and Satsuma (SATS).

---

157 days ago

Satsuma – SMTM, vindicated within 24 hours

Yesterday I suggested that you have a flutter on Satsuma (SATS) shares at 0.21p and indeed I drunk some of my own medicine at 0.208p. The shares are now 0.24p and rising as the brilliance of my call has already become apparent. I am, as you know, a modest chap but in point out how this was free money surely I deserve an ouzo?

---

157 days ago

Altona Rare Earths – what’s a “Growth Capital Facility” in plain English?

I do not wish to annoy the City’s second most hated man after myself, Richard Jennings, for I am aware that he is a major investor in Altona Rare Earths (REE) claiming to be terribly excited about its assets. Whatever. He may be right, but today’s RNS is of interest to those of us who study how the English language can be used or abused.

---

157 days ago

Defence Holdings – I don’t want to drone on but this is still a stonking short at £28 million

At peak ramp last summer shares in Defence Holdings (ALRT) topped 4p. Today they are just 1.1p. Told’ yall. For those who ignored my numerous warnings back then because they knew better than old TW, I have three questions.

---

157 days ago

Video: When Gold Will Bottom, gold to $7,000 and mining shares are going much higher

Author and investor Don Durrett argues that the global economic system is fundamentally unsustainable, characterized by what he calls “voodoo economics” and modern monetary theory’s approach of continuous money printing. He believes the United States is trapped in a “doom loop” of increasing debt and economic challenges, which creates a compelling case for precious metals investments.

---

157 days ago

The biggest climbdown in global warming history, the IPCC admits it made it up - The Daily Sceptic

https://dailysceptic.org/2026/05/05/ipcc-admits-apocalyptic-climate-scenarios-are-implausible-meaning-most-media-scare-stories-over-last-15-years-are-officially-junk/

---

157 days ago

Optibiotix- has your Nomad approved this statement (which cannot be true)?

When, albeit in a misleading manner, Optibiotix (OPTI) announced that it had dumped most of its shares in Skinbiotherapeutics (SBTX), the family silver, its Nomad, Liam “the Toke” Murray signed off on an RNS saying that Optibiotix had enough working capital to last into H1 2027.. But…

---

157 days ago

Luxury Greek Villa with Pool in splendid isolation – just a few weeks left to rent out this summer

The good news for the Greek taxman and for me is that what is known as the Greek Hovel is now almost fully let out thus summer. I shall be there, in the Mani region made famous by Paddy Leigh Fermor, with my family for two and a half weeks but for the rest of the summer we let it out, generating taxes for the Greek government and income for me to maintain the house and pool. As of now there are just a couple of weeks in June and a few more in September unbooked.

---

157 days ago

AIM Market Statistics for April - another poor month

The AIM April statistics show the market has shrunk to 609 companies with 2 new admissions and 6 cancellations (although I think it’s 5 companies departing as Youngs & Cos Brewery had both listed equity and debt).  For the year to date there have been 10 additions but 22 cancellations.  New monies raised to date was an anaemic £67.3 million.  Further monies raised at £2,708 million looks healthier but £1,929 million of that was raised by Rosebank Industries in March, which has already left stepping up to the Main Market on 1 May 2026.  This was AIM’s second largest company by market capitalisation at £3.66 billion.

---

158 days ago

Tom Winnifrith Bearcast: Is comrade Swann onto a winner or has he gone mad?

U discuss what gilts are telling us about UK PLC and the political nightmare ahead. Then the silver lining of the greed of Harry Adams at Kefi Gold & Copper (KEFI). Finally it is Swanny's new baby: Delta Gold (DGQ) now valued at almost 100 million quid.

---

158 days ago

Harry Adams Greed Reader prize sweepstake

In 2023 Harry ”trougher” Adams earned £362,000 as executive chairman of Kefi Gold & Copper (KEFI). In 2024, despite missing all operational and financial targets and diluting investors to buggery, Adams trousered £733,000 including a £75,000 cash bonus for his outstanding performance and £173,000 for having to work more than four days a week.  So, on the day Adams awards himself yet more options and gives three hundred grand of free shares to his best mate,  what about 2025?

---

158 days ago

Letter to FCA: Forward selling – Quantum Data Energy is your golden opportunity

I believe that the resignation of its auditor signals a bombshell lies underneath Quantum Data Energy (QDE) which will completely destroy it. But there is another matter, the forward selling of its last placing. This is a golden opportunity for the FCA to tackle this scourge of Aim and the Small Cap market. I have dropped my contact a note:

---

158 days ago

The Quoted Companies Alliance – a racket which is everything I loathe about City complacency and contempt for shareholders

If you search the interweb you will find only good words about the QCA. The truth is it is part of another fat cat stitch up of we poor retail investors.

---

158 days ago

SCOOP – Satsuma shareholders to sack board at AGM - time to buy shares!

Satsuma Technologies (SATS) today issued a trading statement which should be the career death sentence for 5 of the 7 man board. And I can reveal that at the AGM in three months' time, it will be.

---

158 days ago

Harry Adams you win an olympic gold for greed you pig headed barstool

The executive chairman of Kefi Gold & Copper (KEFI) has no idea quite how much ordinary shareholders who have risked their capital despise him and his cronies on the board. The last time a Kefi director actually bought a share was in 2022. In 2025 I’d wager that Harry "trough" Adams enjoyed a total package of more than $1 million and it will be even more thus time around. Just to rub salt into the wounds after diluting we mugs by 25% with a placing he said just 10 days prior was not needed… its option time.

---

159 days ago

BREAKING: Union Jack Oil sticks two fingers up to the Quoted Companies Alliance

Trougher David Bramhill and his gang running Union Jack Oil (UJO) into the ground say that they follow the guidelines set out by the QCA with regard to Corporate Governance. But that is demonstrably not true.

---

159 days ago

Video: ‘Firestorm’ to hit Global Economy & The Commodity Supercycle & why gold has a lot further to go up

Economist Dr. Mark Thornton to the show is a cheery fellow. He starts with geopolitical tensions in the Middle East which he thinks could unleash a firestorm in the global economy. It is all in the latest podcast from Palisade Capital

---

159 days ago

Ariana Resources – “Quarterly Activities” update, further news flow potential, BUY - target 4p

Ariana Resources (AAU) has issued a “Quarterly Activities Report” emphasising the drilling programme at its Dokwe gold project in Zimbabwe has “continued to provide compelling results, particularly along the strike extension of Dokwe North towards the north-east” and in Turkey that at Tavşan “ramp-up of the heap-leach operation has been progressing very well, and the mine recorded gold and silver production results in line with expectations”. The following is why we look for upside from a current 1.85p share price.

---

159 days ago

Tom Winnifrith Bearcast: Setting up a PLC fraud in 2026, step 1 say you follow QCA Guidelines!

I discuss various steps I'd take if Sam Antar and I were setting up a PLC fraud in 2026. One of them is to say we follow QCA Guidance on corporate governance. With reference to three non frauds ( well 2 anyway) Optibiotix (OPTI), Skinbiotherapeutics (SBTX) but especially Union Jack Oil (UJO) I discuss this point.

---

159 days ago

BREAKING: Telling an obvious and material lie – Quantum Data Energy

When a company appears to tell a very material and very monstrous lie, I would assume that its shares are worthless. Why risk it if you had a choice?

---

160 days ago

Tom Winnifrith Bearcast: what would I do if I was David Bramhill? The anger of the alarm clock millions

I explain why we with alarm clocks are raging and that tunes into what folks like trougher Bramhill does at Union Jack Oil (UJO). What would I do if I was him?

---

160 days ago

Letter to the FCA: has BSF Enterprise connived in a pump and dump and misled investors or was it misled?

We still have no TR1s issued by the mystery “strategic investor” – almost certainly disgraced fake news scammer Josh Barsch - or, despite an explicit pledge to do so, by disgraced John Story. I have written to my contact at the FCA about who has misled and deceived investors.

---

160 days ago

Expose: Should the HMRC be looking at Union Jack Oil, David Bramhill, twitter gimp Chris Bailey and the Porsche?

The documents below suggest that as he tries to oust the board at Union Jack Oil (UJO), Craig Howie should be contacting the HMRC whistleblower service first thing on Tuesday.

---

161 days ago

Tom Winnifrith Bearcast: FFS do the maths on the supposed Saudi funding gap at Kefi & Steve O'Hara and the missing 1.4 million shares

 On a bank holiday weekend of solo childcare I look at Kefi Gold & Copper (KEFI) and Optibiotix (OPTI) and some number crunching

---

161 days ago

We Cap – Full results published for We Shop Holdings Limited are beyond dire

I wonder how many of the shareholders in WeCap (WCAP) whose primary asset is a shareholding in We Shop Holdings Limited, a Nasdaq listed company, bothered to look at its 20F filing containing its results for the year ended 31 December 2025 that was filed last night.

---

161 days ago

Has trougher Bramhill sold (at a a loss) the erighty grand Porsche Union Javk Oil bought for its X gimp?

Our expose that Union Jack Oil (UJO) had spaffed eighty grand buying a Porsche with personalised number plates for the gimp who sends out its tweets was one of the numerous governance fails this website has shone a light on, one of the numerous reasons why shareholders should sack the board and back Craig Howie at this summer's GM. But..

---

162 days ago

The Empire Strikes Back: Zak Mir says it is a Kangaroo Court/Nuremburg Trial as he appeals sacking

Sith Lord Zak Mir has not given up hopes of reclaiming his job as CEO of Lift Global Ventures (LFT), the company that wishes to profit from its role in a criminal conspiracy to harass me. Mir, was fired for gross misconduct a month ago for his part in the Seth Freedman, Nick Leeson, crazy Meg Short from Bloomberg conspiracy. Lift’s chairman Dave Richards MBE may regard Mir’s actions as good enough to sack him but that does not stop him keeping the money Mir earned for his actions for Lift. But…

---

162 days ago

Tom Winnifrith Bearcast No2: How can the FCA sit idly buy at Quantum Data and BFS Enterprise, this wrong doing is so frigging blatant & Steve O Hara must now resign

I start with the most blatant criminality at Quantum Data Energy (QDE). If I was running the FCA collars would already be being felt over the 23 April placing. Then BSF Enterprise (BSFA) where there really has to be a stewards now as we stilll have no TR1s. Then Georgina Energy (GEX) and why it had to do a discounted placing and why, as the ATM death spiral fails, it will not be the last one. Finally what Optibiotix (OPTI) selling most of its Skinbiotherapeutics (SBTX ) shares says about Skins but also about hoiw fecked Opti is now. If Police Time Wastin' Steve O;'Hara and Neil Davidson had any honour they would resign today.

---

162 days ago

Golden Prospect: can anyone out there explain why this makes any sense at all?

Golden Prospect (GPM) , where I am a loyal shareholder continues its share buyback with new purchases every day. Yesterday it bought back 400,789 shares at an average price of 105.27p.

---

162 days ago

The Main Market List of Shame

Today marked the last day for Main Market listed companies to publish their audited results for the year ended 31 December 2025 and the following companies all had their shares suspended because of their inability to publish those results.

---

162 days ago

Bluebird Merchant Ventures Limited – the benefits of a friendly auditor

The audited accounts of Bluebird Merchant Ventures (BMV) for the year ended 31 December 2025 are finally out this morning so dodging a share suspension and  show a loss of $1,121,452 in the year and it had net cash outflow of £603,380 on operating activities which required two post balance sheet fund raises to keep the lights on

---

162 days ago

Kefi Gold & Copper – “Saudi Arabia Update” UPGRADE STANCE TO BUY; TARGET 6p.

Kefi Gold & Copper (KEFI) has issued a “Saudi Arabia Update”, noting its joint venture projects progressing in what it considers “one of the most prospective and rapidly developing mining jurisdictions globally” but to which its financial reporting currently assigns nil book value. It is though now “taking independent advice on the 'fair market value' of its 13% holding and is also in consultation with its auditors as to the appropriate carrying value on the company’s balance sheet”. But that is all balance sheet window dressing and we doubt that Mr Market will give a damn.

---

162 days ago

Tom Winnifrith Bonus Bearcast: Minoan final wipeout confirmed as the Egleton VAT switcheroo and valuation scam exposed

I fear it is now official, Minoan (MIN) shareholders will get nowt. I explian why. T then expose a VAT swizz employed by Christopher Egelton and how it has come back to bite shareholders on the bum but also look at why the whole asset valuation at Cave Sidero  was a con.

---

162 days ago

Sensitivity to Britain’s Jews: a fail for Tesco PLC, a gold medal for Tesco Wrexham

During the past two years I have fought, and eventually won, a battle to get Tesco (TSCO) in Wrexham to take seriously the way that Israeli houmous was plastered with offensive stickers or had pork products placed among it. In the end the manager forced all staff – some of whom had initially shown me outright hostility – to undergo training and the matter was addressed.  Then last week I showed HERE how Tesco had itself placed the houmous right next to pork products. What happened next was instructive.

---

163 days ago

Tom Winnifrith Bearcast No 2: Is Richard Jennings the most honest small cap CEO in London?

I discuss Kazera Global (KZG), companies that are late with results or that miss deadlines, Ariana Resources (AAU) and who it needs to sack and what it needs to do and Wildcat Gold (WCAT).

---

163 days ago

Stack BTC – even Nigel Farage now sitting on a paper loss as the spoof unravels

Oh dear. Oh dear. Despite promising to settle director contracts in February and pledging transparency with investors, bitcoin in treasury spoof Stack BTC  (STAK) has still to ‘fess how much its six directors are, or will be costing the company. And that flags up that the PLC costs will be savage, relative to a c£4.35 million NAV.

---

163 days ago

Fonix – now an income and recovery BUY

Shares in Fonix (FNX) exceeded 270p in 2024 and were above 200p commencing the final quarter of the 2025 calendar year whilst the company’s last month-announced results included “increased interim dividend of 3.1p (FY25: 2.9p) per share, in line with the group’s progressive dividend policy to pay out at least 75% of adjusted EPS… Outlook… positive momentum across its core UK and Ireland markets and encouraging progress internationally”. However, with a recent tech sector de-rating and geopolitical-based general markets fall, the shares are available at 167.2p.

---

163 days ago

Predator Oil & Gas Finals – what a £28 million shit show

Some things in life are certain. Death. Taxes. Me making smutty jokes about shagging Cheryl Cole. And Predator Oil & Gas (PRD) issuing results saying that it is fully funded for 12 months and then doing at least one placing within that 12 months. Today, on deadline day, it has snuck out quite diabolical 2025 numbers. Natch, the old coot in charge Paul Griffiths blames the piss poor share price performance on folks like me saying hurty things and I guess he is still going to report me to the FCA. I blame the piss poor share price performance on piss poor numbers.

---

163 days ago

Tom Winnifrith Bearcast No1: reviewing the statements from Kefi & Skinbiotherapeutics

I review 2 RNS statements, 1 from Kefi Gold & Copper (KEFI) and one from Skinbiotherapeutics (SBTX). How much do you think shares in Kefi will jump when Harry Adams announces that he is going NE and a credible external CEO is being sought?

---

163 days ago

GOTCHA!The Curse of Baldry, Westminster Group and a lack of Nomad, it's booted off the AIM Casino tonight

Over the years I have repeatedly warned about the curse of ex Tory MP Tony Baldry of the 3DM fraud and Carlton Club infamy. Since he became chairman of family on the payroll Westminster Group (WSG) I have warned folks that the shares were a sell more times than I have had inappropriate thoughts about Cheryl Cole. The shares were 14p when Baldry slithered on board just under 10 years ago. They were suspended at 0.85p on march 31 when Nomad Strand Hanson and the loathsome Baldry walked the plank.

---

163 days ago

Quantum Data Energy – auditor matters: nothing stacks up

There seems some confusion about the quite unprecedented day before audit sign off resignation of Crowe LLP as auditors to Quantum Data Energy (QDE). 2 RNS’s yesterday make no sense.

---

164 days ago

Tom Winnifrith Bearcast: AIM plans rule changes, it really cannot be serious

I start with Home REIT (HOME) and Li9am Byrne MP, then Valereum (VLRM) then it is proposed AIM Rule Changes, the difference between Sharestock and Futura Medical (FUM) and finally Eco Buildings (ECOB). Sharestock is now 80% so;ld out so to ensure you get a seat book HERE

---

164 days ago

Futura Medical 2025 results really are a limp dick – will it even survive into 2027?

The fundamental problem that Futura Medical (FUM) has always had is that its ED product Eroxxon does not seem to impress users at all and thus repeat orders are minimal and with high marketing costs to win new custom it has always been doomed.  Calendar 20025 results out today are window dressed but appalling. The warnings about when the Fat Lady could be calling are explicit. This has a zero written all over it, as Lucian and I have been warning for years.

---

164 days ago

YOU CANNOT BE SERIOUS! AQSE Lobster Pot Disciplinary Notices – what sort of regulatory clown show is this?

There have been two disciplinary notices snuck out by the AQSE Regulation team in the past week. And each of them makes me despair of the clown show. The first was snuck out after hours at no-one is watching O’Clock last Friday although it is dated as being a sanction on March 9.

---

164 days ago

WeCap – dire and bonkers “results” from WeShop

Like Quantum Data Energy,(QSE), today’s scandal du jour, WeCap (WCAP) has been promoted aggressively by the wretched Zak Mir, of whom more later. And like Quantum, WeCap is a worthless box of frogs. Now we have (bad) news from the USA.

---

164 days ago

Quantum Data Energy – Letter to the FCA

The shock resignation of auditor Crowe LLP today just hours before it was due to sign off on the 2025 accounts  begs enormous questions about Main Market listed Quantum Data Energy (QDE), formerly Mast Energy. I have written to my chums at the FCA.

---

164 days ago

Eden Research: Another pungent Terpenetech bodge and it still misses pre placing forecasts

Twice in recent years , the Finnacial Reporting Council has panned AIM listed perma dog Eden Research (EDEN), after complaints from me, about its dodgy accounts. And at the heart of those shambles was, since 2015, 29.9% owned associate Terpenetech. A trading update out yesterday shows Eden is at it again. This stinks.

---

164 days ago

Ouzo Time at Sheriff Towers: Quantum Data Energy – auditor walks at last minute: timber!

I have not held back in my criticism of Quantum Data Energy (QDE), formerly Mast Energy. Indeed I tipped off crazy Meg Short from Bloomberg that she should be investigating it and the Josh Barsch fake news scam but she was too busy taking dictation from Seth Freedman, the man Harvey Weinstein paid to harass the women he raped, to do real journalism. Today Quantum’s auditor Crowe LLP , has resigned on the spot just hours before it was meant to sign off of calendar 2025 results. Quantum is screwed.

---

165 days ago

BOTH of Britain’s Buffett’s on stage – I hope you are coming to this year’s Sharestock on 5 September

Normally 1 of the men dubbed Britain’s Buffett headlines at Sharestock. This year, either our last or penultimate year, BOTH of Britain’s Buffett’s will be there: Jim Mellon and Nigel Wray. I hope that you join us on September 5 but the two Britain’s Buffetts are not the only reason to come along which is why, as of today, 75% of the 100 places on the lawn  are already booked

---

165 days ago

Tom Winnifrith Bearcast No 2: P45 for me as Lucian kicks himself over IQE

I start with an apology. Then it is gold, Ferrexpro (FXPO) and IQE (IQE).

---

165 days ago

Skinbiotherapeutics – surely we deserve at least an update on the FRAUD investigations?

On April Fool’s day shares in Skinbiotherapeutics (SBTX) were suspended as it was unable to publish its results for the 6 months to December 2025 as FRP advisory continued its investigations into FRAUD. Yes D&D I did say FRAUD.

---

165 days ago

Hemogenyx – institutional investors my arse

The share price action tells you that today’s RNS about a £3 million fund raise at 801p from Hemogenyx (HEMO) is just complete cock. The scallways ay Nomad SP Angel and brokers AlbR should be thoroughly ashamed of having their names attached to it.

---

165 days ago

BREAKING: Craig Howie has the votes at Union Jack Oil, is there a ramp off for trougher Bramhill and the gang?

Craig Howie says that he has been overwhelmed by the response from shareholders in Union Jack Oil (UJO) both institutional and retail to his plans to sack the board. The only question is whether the aging troughers David Bramhill and Joe O’Farrell will put up a fight as we head to a June AGM. Does Bramhill really believe in QCA guidance he has signed up to?

---

165 days ago

Tom Winnifrith Bearcast No 1: The Smarter Web Company and its LTIP, harmless dreams or pointless dilution?

I hope that I do not offend my NBF Andrew Webley as I discuss The Smarter Web Company (SWC) and its new LTIP. But like option schemes I see it as pointless and the targets are surely just the stuff of dreams.

---

165 days ago

Quantum Blockchain and its patent problems: a reader writes to AIM Regulation

A reader flags up that Quantum Blockchain (QBT) appears to be having a few problems with its patent applications in the US. My reading of the most recent setback, which Quantum has yet to respond to via RNS, is that the patent office seems to think that the IP has no distinictive features at all, it is essentially worthless. But maybe I do not really understand what is going on.

---

166 days ago

Tom Winnifrith Bearcast No 2: would the FCA veto me and is Optibiotix painted into a corner?

I discuss Satsuma (SATS), Kazera (KZG), Optibiotix (OPTI), Skinbiotherapeutics (SBTX) and Probiotix (PBX)

---

166 days ago

Mirriad shares crash 20% then suspended – nothing to see here guv

Okay the writing was on the wall. Young Steve and I have been bears of Mirriad (MIRI) since the 65p listing many moons ago. And last week came a statement so brutal that Stevie Wonder could see the writing on the wall. But still there was one final kick in the gonads.

---

166 days ago

EXPOSE Fat Cat bumper pay RISE for Ranald McGregor-Smith & fellow trougher Clive Carver at Satsuma as they claim to be cutting costs

Shareholders in Satsuma (SATS) had to threaten an EGM to oust fat cat directors and to insert 2 new NEDS with a clear remit of slashing costs. Guess what? It is not going well, in fact…

---

166 days ago

Satsuma changes auditor again: window dressing by the 7 fat cat troughers in charge

Last time Satsuma (SATS) changed auditor it was because the bean counter’s quit over its dodgy accountiing. This time it says that it has resigned BDO and appointed the  third tier firm of PKF Littlejohn whose maths has featured on this website too often  “as part of the cost reduction programme announced on 2 April 2026” But..

---

166 days ago

Tom Winnifrith Bearcast No 1: Richard Jennings howls with anger & the FCA should be all over the BSF Enterprise share dealings

I start with Kazera Global (KZG) where Jennings is howling and naughty PL spreading naughty stories. Then share dealings at BSF Enterprise (BSFA) which the FCA should, in the absence of 2 Tr1s o day 25 and day 14 , be all over.

---

166 days ago

Turner Pope & Powerhouse bum investors as WRAP Retail offer flies – material uncertainty on its way within 2 months

Powerhouse Energy (PHE) says that the WRAP Retail offer at 0.2p was oversubscribed so it has raised the full £250,000 sought to top up the £400,000, before costs, placing of last week. It did this by misleading mug punters who will now be raped by a material uncertainty warning within two months.

---

166 days ago

Insolvent fraud Supply@Me Capital 'fesses that suspension looming yet again

Today, Supply@ME Capital (SYME) has warned that its audited accounts for the year ended 31 December 2025 will not be available by the reporting deadline of 30 April 2026, 4 months after its year end.  So its worthless shares will be suspended on May 1.  Last year, the audited accounts were only published following the receipt of extensively delayed funding from its US sister company, the insolvent fraud Nuburu (US:BURU) on 13 October 2025, over 5 and half months after deadline day..

---

167 days ago

Video: Jacob Rees Mogg on pensions theft

Since our Oxford days I've always thought Jacob Rees Mogg to be a rather smug stuffed shirt but on many matters he is pretty bang on the money. He has just released a video on pensions theft and he's dead right. It makes me rather question my own investment in Legal & General (LGEN) shares.  Enjoy.

---

168 days ago

Tom Winnifrith Bearcast: THE one and only Evil Banksta, an evil banksteress and May 7th

The podcast is what it says in the title

---

169 days ago

Tom Winnifrith Bearcast No 2: Kayleigh Unitt from Gresford poses a real problem for myself and Joshua

I start with Kayleigh, then it is Trump and Iran and then I look at the Powerhouse Energy (PHE) scandal I exposed earlier, Manolete (MANO) and Pulsar Helium (PLSR).

---

169 days ago

Video: Massive Inflation Ahead & Markets ‘Totally Complacent’ On Iran War

Steve Hanke, Professor of Applied Economics at Johns Hopkins University, suggests a complex economic landscape with potential for significant disruption, driven by monetary policy, geopolitical tensions, and structural changes in global trade and commodity markets. Like me he is an Austrian economist so its not the Iran war but money printing that is the issue though the former causes the latter.

---

169 days ago

Tom Winnifrith Bearcast No 1: a tale of 2 bitcoin purchases announced today and my job application

I discuss Satasuma (SATS), The Smarter Web Company (SWC) and whether Dominic Frisby faces a summer of "love" or of loneliness.

---

169 days ago

The Reverend Cliff Weight on AIM shareholder activism and RTC Group... he's right of course

The chairman and FD at RTC Group (RTC) are greedy fat cats who do apperar to regard feathering their own nests as far more important than corporate governance or delivering maximum returns for shareholders.  Sharesoc activist David Stredder is now taking them on and there is a GM next month/ Natch I back Stredder and his Sharesoc buddy, the Reverend Cliff Weight who has published the detailed note below. As is normally the case, the Reverend is bang on the money and the RTC execs are scumbags.

---

169 days ago

EXPOSE: Bluebird Mining CEO Sath Ganesarajah’s creaking BE Group and the first winding up order now completed

Were the BE Group of companies run by Bluebird Mining Ventures (BMV) CEO Sather Ganesarajah in a stinking financial mess it would be embarrassing but not a killer blow. But the fact that the wretched Ganesarajah is looting Bluebird not only with vast fees for himself but also with payments to the BE Group for services which appear to generate no revenues makes this a big issue.

---

169 days ago

EXPOSE: Powerhouse’s failed placing, Project Noble and why AIM Regulation and the FCA should be all over Turner Pope & Nomad Strand Hanson

Yesterday. Powerhouse Energy (PHE) announced a £400,000 placing at 0.2p and a WRAP Retail Offer to raise up to £250,000. If punters knew the truth about Project Noble they would realise that the WRAP Retail offer will see punters raped. The FCA and AIM Regulation should be all over brokers Turner Pope.

---

169 days ago

Photo Article: Tesco Wrexham gaslights Jews – is this corporate policy?

For a couple of years I have battled with staff at Tesco (TSCO) in Wrexham over the way that Israeli products, notably the Sabra Houmous pots, were attacked by Palestinian supporters/Jew haters. Stickers accusing Israel of genocide, etc, etc would be placed on the pots and pork products placed among them. Initially staff either ignored me or in some cases ridiculed me. For all too many, hate crimes against Jews just do not matter.

---

170 days ago

Brooks Macdonald – “financial performance remains in line with the board’s previous expectations”, still a recovery value and income Buy

Wealth management group Brooks Macdonald (BRK) has announced at end-March its funds under management & advice were £19.9 billion and that “the full year 2026 financial performance remains in line with the board’s previous expectations”. How do those compare to its valuation at a 1430p share price?

---

170 days ago

Tom Winnifrith Bearcast: the job I'm very seriously applying for in PLC world later today

In today's bearcast I look in detail at Quantum Data Energy (QDE) and why its toxix. I look at Bluebird Mining Ventures (BMV), Mirriad (MIRI), Kefi Gold & Copper (KEFI) and my application to shareholders in Satsuma (SATS) as to why they should appoint me. Can anyone explain why my plan does not make more sense than what the current board is doing?

---

170 days ago

BREAKING: Now even bitcoin groupies want Satsuma to dump all its bitcoin and wind itself up!

Strangely as the bitcoin price has rallied the bitcoin in treasury spoof f bubble is not reinflating. Satsuma (SATS) shares are down by 98% since peak ramp c/o the Bixby Edwards gang and self proclaimed guru, the greedy CEO Henry Elder but is there an end of tunnel in sight. The old management hade largely been axed but still some discredited ancient regime troughers such as chairman Ranald McGregor-Smith stay on. Even after cutting costs the annualised cost base is still a grotesque £2.7 million.

---

170 days ago

A Valereum-ologist poses 9 questions for Gary Cottle’s next investor meet presentation, I have one more

It seems as if Valereum (VLRM) CEO Gary Cottle is having another Investor Meet session where he promises to answer shareholder questions. I can’t see the point of thus as Gary told such a whopping monster porky at the last, March 31, IM claiming that QGP would be handing over no less than $500,000 within 5 business days. It then turned out to be $300,000 and its unclear if, in fact, any of that has been paid. So with the caveat that Cottle is a fecking liar not fit to tun a bath let alone a public company, a reader has sent him nine questions to answer. I have 1 more. The odds on Cottle answering at all?

---

170 days ago

Powerhouse Energy Bailout placing is so wretchedly small – how are the mightly fallen: next bailout placing November?

Oh for the days when disgraced former Tory Minister Tim Yeo, Zak Mir and other charlatans ramped Powerhouse (PHE) with tales of how it could be running hundreds of waste to energy plants each chucking off half a Bernie a year in profits. Those were the good old days, it may have been a pack of lies but the shares flew and thus was a true AIM posterboy. How the mighty are fallen.

---

170 days ago

Ondo Insurtech; Do not think of bottom fishing!

After yesterday’s article a couple of folks emailed to suggest that bottom fishing might pay off at Ondo Insurtech (ONDO). I would not be tempted and here’s why.

---

171 days ago

Standard Life – a winning share tip with a winning deal?

Formerly Phoenix Group Holdings, now Standard Life (SDLF) has announced an agreement to acquire Aegon UK for a total consideration of £2 billion. What about this with shares in Standard Life responding slightly higher to 729p, giving a £7.3 billion market cap?

---

171 days ago

Video: This is When Oil Prices Will Shoot Higher

Hell only knows what will happen next in Iran.  Analyst Rory Johnston reckons whichever way it spins, oil is heading higher.

---

171 days ago

BSF Enterprise: tells us a Jackanory Mr Story, where are the two TR1s?

New shares in BSF Enterprise (BSFA) were admitted to trading on the 17th. On the 13th of April we were told that disgraced John Story of Zoetic and Escape Hunt infamy was the company’s largest shareholder. So where are the TWO TR1s?

---

171 days ago

Tom Winnifrith Bearcast: In the history of taking the stockmarket piss today's announcement wins a gold medal

I start with the first plantings in the garden at the Welsh Hovel. Then it is all about Valereum (VLRM). Today's news leaves this grizzled stockmarket veteran of 37 years just gobsmacked. Just how on earth can this farce go on. The shares are utterly worthless. I discuss.

---

171 days ago

Sordid, nasty, deceitful – yet another Wishbone Gold pump and dump placing

Last autumn amid ramptastic RNS announcements at the Red Settter hoipium project in Australia , Wishbone Gold (WSBN) raised £5.5 million at 125p and 130p.  And it assured us that this would be enough to fund its Red Setter drilling costs through 2026. Natch….

---

171 days ago

A £71 million auditor fine in the “Call Me Dave” Cameron Greensill scandal – what does this say about AIM audits?

Greensill was the supply chain finance giant that appointed Call Me Dave Cameron as a well paid advisor after he stopped being PM. He was paid vast sums to lobby the various Tory Governments that followed his own to assist Greensill. Greensill then went spectacularly bust. Now it seems that the administrators have clawed back £71 million in the form of a settlement agreed out of court paid by auditors Saffreys.

---

171 days ago

Ondo InsurTech: sales are vanity, profits are a matter of opinion, cash is fact, follow PR genius Steffi and abandon ship

This is a bargepole stock as yesterday’s numbers showed. It could well end up gigging with the Fat Lady or at best, there is a massively dilutive discounted placing on the way. Let me explain

---

172 days ago

Tom Winnifrith Bearcast: Dismiss Crest as an outlier at your peril

I explain company specific issues at Crest Nicholson (CRST) but recent statements from Sosandar (SOS) and others only add to a compellinmg bearish macro narrative. I discuss that and also why I want zero UK residential property exposure.  I look at Corpus Resources (COR), Skinbiotherapeutics (SBTX) and Mercantile Ports (MPL), an old Comrade Stacey fave I've always seen as a POS. It's today's ouzo call.

---

172 days ago

BREAKING: Supply@Me Capital fund raise due in two weeks’ time

The insolvent fraud Supply@ME Capital (SYME) is due to announce its year end results for the year ended 31 December 2025 on or before 30 April 2026.  The Bright Grahame Murray audit process should now be well advanced but before it signs off, I suspect that Supply will need to raise additional cash.

---

172 days ago

A tale of two defaulters – this never ends well

Companies that default on one payment often default on more, it is a sign of a company in real trouble. However they dress it up, a company that cannot pay its bills, especially if it is clearly a fiat guzzler, is one that is simply not investment grade. Two companies leap to mind on news today. Shares in both, about which I have repeatedly warned, are just univestable.

---

172 days ago

Andrew Monk sired stockmarket abomination Silverwood Brands two dollops of appalling results and shameful financial reporting processes

Listed at 40p, four an a half years ago by Andrew Monk’s VSA Capital as a company set to buy into Lush, Silverwood Brands (SLWD) has been a disgraceful abomination as this website has documented and exposed, from the start. The Lush deal turned out to be illegal and had to be reversed at great cost. Sulverwood shares now trade with a spread wide enough to drive Monk’s ego through at 5p-15p following yesterday’s long overdue results for the 18 months ended 30 June 2025 and its interim results for the six months ended 31 December 2025. It is hard to know where to start with this dog’s dinner.

---

172 days ago

Tern yet another discounted cash raise, significant dilution and more raises required

This company has had more discounted fund raises than I have had inappropriate thoughts about Cheryl Cole. Well okay not quite that many but an awful lot. Today Tern (TERN) announced “an Open Offer to raise up to £643,609 (before expenses) through the issue of up to 107,268,195 Open Offer Shares at an Issue Price of 0.60 pence per share.”

---

172 days ago

Housebuilder Crest Nicholson –trading collapses in 27 days, needs bank covenants waived

Is this the canary in the coalmine for the housebuilding sector? On 25 March Crest Nicholson (CRST) reiterated that it was on track to meet forecasts outlined on annual  results day in January. Today, less than a month later there is a catastrophic warning. On track for good profits and another year of dividends to losses and begging the banks for survival in just 27 days…

---

173 days ago

Tom Winnifrith Bearcast: TW cost punters a chance to make 900 x their investment

In today's vearcast I discuss Kefi Gold & Copper (KEFI), gold, Valereum (VLRM), 2 looming business failures for La Willingham and Hemogenyx (HEMO)

---

173 days ago

46 days and counting: is the Bloomberg “enquiry” into its role in the Seth Freedman criminal conspiracy a cover up? NO external witness statements taken by Laura Zelenko!

It is now 46 days since I exposed the criminal conspiracy funded by Paul Mathieson’s Amazing AI and organized by Harvey Weinstein’s hired thug Seth Freedman and Nick Leeson of Barings infamy to destroy me. 46 days ago I wrote to Bloomberg’s Editor in Chief John Micklethwait demanding an enquiry into how his employees Will Shaw and Meg Short had been lured into assisting this conspiracy, their lack of professional standards and worse. 45 days ago the Global Head of Editorial Standards, Laura Zelenko, who reports to Micklethwait, said she was on the case and would be running an enquiry.

---

173 days ago

Video: The Energy Crisis, Opportunities in Fertilizers, Helium & Gold

Legendary gold investor Rick Eule, as is his wont, talks his own book. But he is convincing.

---

173 days ago

Nigel Farage’s Stack BTC still hiding its boardroom greed as the Times exposes its new CEO’s “mixed”past

At least Nigel Farage and Kwasi Kwarteng lighten the mood with the rolling clusterfuck that is AQSE listed Stack BTC (STAK). It goes from bad to worse.

---

173 days ago

Eurasia Mining – this makes no sense and is not good enough: placing ahoy at an £89m box of frogs

On 29 December 2025 Eurasia Mining (EUA) announced the sale of its West Kytlim asset which had said was worth $251 million for just $9 million. It came up with a complex strategic rationale for this firesale disposal which was nothing to do with the fact that it continues to burn cash and was running out of dosh. On 15 January, a hastily convened GM approved the sale. Wind forward to…

---

173 days ago

Is Julius Ceasar Phillip Vitug, the same as Philip Vitug - I am sure Ross Andrews know the answer

I am sure that as part of his extensive due diluigence into the thrice defaulting Quorious Global Photonics , in his role, pro tem, as AQSE Advisor to Valereum, Ross Andrews of Guild has checked this out. It is an easy question

---

174 days ago

Tern: the cash guzzle at Device Authority continues, just not sustainable

Tern (TERN) shares have performed well in recent months from a low of 0.4 pence to a bid of 0.7 pence on Friday valuing the company at £6 million albeit this remains a well-deserved discount to its last published net asset value of £10.2 million. 

---

174 days ago

Tom Winnifrith Bearcast: Back to macro babble

I start with car crash follow up and almost walking out on some Brits here. Then Iran and its implications for everything. 

---

175 days ago

Letter to the FCA: Bluebird Merchant Ventures ( again)

The FCA is meant to protect investors, especially on the Main Market, which it regulates, where Bluebird Mining Ventures (BMV) is listed. Some poor folks lost 70% of their cash last week amid wild trading in the shares, a dodgy RNS and a discounted placing. I have asked my friends at the FCA to investigate the Tuesday RNS, the Wednesday placing and the share price movements ahead of both.

---

176 days ago

Tom Winnifrith Bearcast: the car crash, Gerry Adams' Greek twin, M&A in gold and the two types of fraud

I start with Gerry Adams and his Greek twin who runs Kambos town hall. Then the car crash. Then when M&A in gold will take off and also the 2 types of fraudsters, ref Skinbiotherapeutics (SBTX)

---

176 days ago

MedPal AI – a classic pump and dump, aided by Richard "Gollum" Gill's worst ever research report!

The pump phase started on 7th April when MedPal (MPAL) issued a positive pharmacy operational update, followed on 8 April by an announcement of the “launch of MedPal Heath OS” and an “Updated Research Note”.  The author of that note at paid for researchers Optimo was, the wretched Richard “Gollum” Gill, AIM shit of the year 2012-2025 and the frunt runner to retain his title in 2026.  Today MedPal delivered the dump with a placing of 120 million shares at 2.5 pence per share”.  The placing was at “a discount of approximately 13%. to the closing mid-market price of 2.8 pence per Ordinary Share on 16 April 2026”. 

---

176 days ago

Skinbiotherapeutics – what is taking so long?

A few readers pose the question. Shares in Skinbiotherapeutics (SBTX) have now been suspended for almost three weeks as a result of it not being able to get out its accounts for the six months to December 31 while enquiries continue into the fraudulent June 2025 numbers. But why is this taking so long?

---

176 days ago

BSF Enterprise shares admitted so where are the two TR1s?

Following the pump and dump placing of 38.5 million new shares in Frankenstein meat company BSF Enterprise (BSFA)  those new shares have finally been admitted to trading today. So, we should have two TR1s right? Er…

---

176 days ago

Video: ‘Complete Disaster’ For The Global Economy, Fuel-Rationing & Famine, buy gold

I am beginning to think that Colonel Douglas Macgregor is the sort of chap who lives in a Montana log cabin, so extreme are his views. He does not hold back. Anyone who talks of a Zionist conspiracy is in my view a total nutjob

---

176 days ago

Letter to Ross Andrews: re Valereum

I am utterly gobsmacked that Guild Advisory, run by Ross Andrews has not resigned as advisor to AQSE Lobsterpot posterboy Valereum (VLRM). One wonders what exactly a company needs to do to get Andrews quitting, other than weaponizing my mother’s suicide. The last statement from Valereum left two big new questions unanswered. Ross is refusing to return calls so I want it on the record what he should be forcing his client to state in an RNS.

---

177 days ago

Tom Winnifrith Bearcast: remembering a great Ofex fraud of the 1990s, I've never despaired this much

I look back at a great Ofex fraud of the 1990s and at bug frauds we exposed in the 2010s. I fear I have never been thus cynical about the way London small caps operate. I discuss Bluebird Mining (BMV), Valereum (VLRM) and Quantum Blockchain (QBT) in historic contexts.

---

177 days ago

BREAKING: Technology Minerals- when were you going to tell us that the Recyclus Crowdfund has flopped disastrously?

Technology Minerals (TM1) is still struggling to get its own refinancing done involving comrade Johnny “kiss of death” Swann over the line. Now more bad news – its 49% owned subsidiary Recyclus attempted a crowdfund at Crowdcube but it has now closed and has flopped disastrously. When do you think that Technology is going to ‘fess up in an RNS.

---

177 days ago

Onward Opportunities Limited – yet another AIM company moves to Main Market

Today’s step up to the Main Market by Onward Opportunities (ONWD) marks another departure from AIM. And what Onward does yells you just how serious investors perceive AIM – it is a company that invests in small caps!

---

177 days ago

Golden Prospect: a revolting shareholder has a counter view and might have a valid point or two

 am quite happy holding my shares in Golden Prospect (GPM) . The company has announced the buyback of another 75,000 today at less than 93p. As long as it is buying at a whopping discount to NAV and to the bonus issue price ( 103p) in December it is acting sensibly.  The shares are now 103p but the fully diluted NAV is 125.56p

---

177 days ago

Valereum: another default, no clarity, how has Guild NOT resigned?

You could not make it up. Well I guess Valereum (VLRM) can. Quorium Global Photonics, the Cayman based start up created by the son and business partner of a convicted ponzi fraudster with a $200 website has again defaulted on its coupon payment. This is the third time and how on earth Ross Andrews at Guild Advisory has not resigned is truly baffling. He has not returned my call. The statement is opaque.

---

178 days ago

Tom Winnifrith Bearcast No 2: Why are you asking me about the spiv trade in gold? Nigel's your man!

Should I buy Kefi Gold and Copper (KEFI) or Amaroq (AMRQ) to pay for a new motor, as a spiv trade, asks a reader. I really am not your man but I look at why Kefi is weaker today and discuss how shares move ahead and during inclusion in the FTSE 250. I also suggest milestones we would like to see at Amaroq. Then it is gold prices and the Orange Man. Valereum (VLRM) and finaly a detailed look at Hamak Strategy (HAMA). Is its death spiral ATM working and if so why no RNS? If not just how cash screwed is it as it enters the third month of repayments to Yorkville and starts exporation work in Africa?

---

178 days ago

European Green Transition – “Operational Update” sparks this as a winning share tip already

A 6.75p offer price tip just earlier this month, European Green Transition (EGT) has issued a “Q1 2026 Operational Update” and what about it currently sparking the shares up towards 10p?

---

178 days ago

Valereum – is this not day 4 of 4? Where is the RNS?

I simply cannot believe that after its serial misleading statements Valereum (VLRM) is still trading on the AQSE lobster pot. I can only conclude that AQSE Regulation and Ross Andrews at Guild Advisory have been having a heavy session with my old pal Liam “the Toke” Murray at Cairn, so allowing this farce to go on. Anyhow, today is day 4 so where is the RNS?

---

178 days ago

Tom Winnifrith Bearcast No 1: the very best and very worst of the London Main Market - surely the FCA must act?

I start with a trio of workers up at the Greek Hovel which leaves the place in a  far better pplace than two weeks ago. Then it is the best, Golden Prospect (GPM) and its small share buyback and the worst, where the FCA really needs to launch an enquiry, Bluebird Mining Ventures (BMV)

---

179 days ago

Tom Winnifrith bearcast: a trio of stocks I own

Ahead of a drive in the pouring rain down the mountain and to Kalamata I discuss three stock and news today. The FCA really should be all over what has happened at Bluebird Mining (BMV). Then I look at Kefi Gold & Copper's (KEFI) GM statement and what it did not say and at Ariana (AAU) management changes and what it needs to say

---

179 days ago

Now ex Reform activist the Lemming on Stack Bitcoin

I have already made my views on Stack Bitcoin (STAK), Nigel Farage’s involvement and today’s news of an ATM Death Spiral clear. No doubt Farage would argue this is political nit-picking from, someone planning to voye Plaid Cymru in May. But the Lemming Investor was a keen Reform Party activist. He now writes abvout what happened when he questioned the party about this matter. It was Orwellian and anti democratic. Over to the Lemming…

---

179 days ago

Kefi shares to quadruple says the convicted felon

The convicted felon Lord Ashbourne, aka Charlie Gibsonhas published a new note on Kefi Gold & Copper (KEFI). His employer is paid to publish so bear that in mind but Gibson does, usually, know what he is talking about.

---

179 days ago

Kwasi Kwarteng’s Nigel Farage bitcoin spoof signs up for an ATM death spiral – more share price punishment ahoy

Oh dear. Oh dear. As if the Farage groupies who paid 18p, 6 times then NAV, for shares in Stack BTC (STAK) have not suffered enough, the company has now taken out an ATM death spiral facility of up to 5 million quid with its bucket shop broker AlbR Securities. We’ve seen this movie before and know how it ends

---

179 days ago

Cirata trading statement – more slight of hand vicar?

Cirata (CRTA) formerly the Wandisdco unicorn fraud has served up a Q1 trading statement  which leads with the claim “ Q1FY26 cash flow positive -the first positive cash flow quarter in its reporting history.“ Well if you say so vicar.

---

179 days ago

Bluebird Mining: more insider dealing vicar?

Yesterday shares in Bluebird Mining Ventures (BMV) rocketed by 123% in heavy volumes. At 7 AM today there was an RNS. Now, of course, the City of London is a known for its clean markets and so there can be no suggestion whatsoever of any insider dealing. It is just a coincidence innit? One of those coincidences that just keep on happing in the London small cap world.So what of the RNS?

---

180 days ago

Tom Winnifrith Bearcast: Apologies for not mentioning Cheryl earlier & some bonkers share movements

U start with an apology to one listener regarding Cherly Cole. Then Valereum (VLRM), Bluebird Mining Ventures (BMV), Wildcat Petroleum (WCAT) and Cornish Metals (TIN). Madness abounds.

---

180 days ago

A new golden era of short selling – Carson Block

The founder of short selling outfit Muddy Waters has told the accursed always wrong  FT that he sees a “new dawn” for short sellers. His thesis is that it is not so much the valuations of AI stocks which he, rightly, sees as crackers but the disruption that AI will cause to the corporate world. Thus, I sense, is only half the story.

---

180 days ago

BSF Enterprise: Enter stage left disgraced, ramping, lying, sacked by escape Hunt as a NED John Story – more questions

Frankenstein Meat company BSF Enterprise (BSFA) staved off a gig with the Fat Lady with a £385,000 at 1p with all the shares going to a “single strategic investor” . Today an update, enter, John Story who is painted as a fine upstanding businessman in the RNS. But...

---

180 days ago

Alpha Growth – accounts fiasco

You could not make this up. Today Alpha Growth (ALGW) issued the following REACH: non-regulatory announcement ACH: non-regulatory announcement “Alpha Longevity Management launches U.S. specialty finance strategy for Japanese institutional investors, led by former members of Nikko Asset Management's team.” There were no numbers about initial targeted fund size or likely revenues.

---

180 days ago

Graham Bull of Union Jack Oil & his service contract: another corporate governance shocker

At every level corporate governance at Union Jack Oil (UJO) stinks and that is one reason why costs are utterly out of control and will destroy the company unless Craig Howie manages to sack the board at this summer’s AGM. At the heart of this is 80 year old NED Graham Bull, possibly the highest paid NED on AIM.

---

180 days ago

Tom Winnifrith Nerdy Bearcast: Greece v UK, population, immigration, GDP growth and bond yields

It is a bit nerdy and will have the Eiro loon spluttering over his cornflakes but I look at actual data from Greece and the UK and what emerges runs contrary to what the bien pensants of the Left will tell you. The chartsw I refer to are below.

---

181 days ago

Tom Winnifrith Bearcast: is this the week the UK enters a financial crisis?

I discuss the UK's problems but do so in the context of events in Iran, gold shares, oil and UK bonds.

---

181 days ago

Craig Howie call to arms at Union Jack Oil

Union Jack Oil (UJO), the company that bought an eighty grand Porsche for the gimp who runs its X account, spent shareholders cash on spook to troll its own shareholders and journalists including me, and where the board troughs salaries and expenses on an industrial scale needs to hold a its AGM in the summer.  The company has signed up to the QCA best practice guide which means that ALL directors should be up for reelection. The chances of it actually doing that? Nil.

---

181 days ago

Kefi in the FTSE 250, I kid you not: here are the maths

When Amaroq (AMRQ) moves from the AIM Casino to the main market its market cap means that it will go straight into the FTSE 250 Index which will mean that there may be a bit of buying by Index funds but there will certainly be buying by funds that would not buy shares in a FTSE Small Cap let alone a company on AIM. But could KEFI Gold & Copper (KEFI) also get into the FTSE 250? Do not laugh.

---

181 days ago

A shouting match in the ouzerie, the ghost of Paddy Leigh Fermor’s arrival in Kambos

I have lost none of my old friends in Kambos but have two new best friends. There is Manos who runs the ouzeria who has helped me change a car wheel in the pouring rain, tried to fix my strimmer and is always there when help is needed. Whatever I order, and it always centres on a healthy cabbage and carrot salad and a couple of sticks of diced pork, the bill is always 10 Euro. However I juggle coffees or an ouzo for me or someone else, the bill is always the same. With a breakfast of oats and milk I really could live here for twenty quid a day.

---

182 days ago

Tom Winnifrith Bearcast: CEOs in private telegram groups & advisor resignations, always a red flag

I start with Sharestock and why you should book a seat now HERE.Then I discuss advisor resignations and CEOs in private Telegram Groups. Red flags both of them.

---

182 days ago

Video: the gold bull market has another 4-6 years to run

Investor and writer David Skarica views the current gold market as part of a long-term macro trend that began in 1999, with potentially another four to six years of growth ahead.

---

182 days ago

BREAKING: Now Valereum CEO Garry Cottle wants to be an insider dealer!

Another day in the Valereum (VLRM) circus sees CEO Garry Cottle posting the letter below to  the company’s telegram group. It is quite bonkers. On the one hand he says that there will be announcements in the coming days and on the other hand he says he’d like to buy out unhappy shareholders. If he know things that are going to happen would that not be insider dealing? Just how long can AQSE Regulation and advisor Ross Andrews tolerate this sort of behaviour? Cottle also accuses his former advisor First Sentinel, which quit with immediate effect because of the QGP deal, of “spouting nonsense.”

---

183 days ago

Tom Winnifrith Bearcast: you really just could not make it up day

The big question is whether the spiv Somerville has flipped his Kefi Gold & Copper (KEFI) as threatened with the shares at 1.5p. I think he's lost his marbles. Valereum (VLRM) has lied in an RNS. And even if true it shows that CEO Gary Cottle misled investors on a conference call last week.  You really just could not make this rubbish up. Target price 0p. I discuss the latest Italian farce at Quantum Blockchain Technologies (QBT) and then more snakes in the garden of Eden Research (EDEN)

---

183 days ago

Van Elle – recommended offer, bank a near 38% gain?

Van Elle Holdings (VANL) shares were recommended in 2024 at a 37p offer price and up to 40p targeting a recovery to 50p+ and we most recently wrote on them this January, concluding that the valuation looked to include very little for recovery potential and, for the patient, that a return to a 50p+ share price was quite possible. As it has turned out, from then not much patience has been required...

---

183 days ago

Bulletin Board censorship -it only ever seems to work one way: the banning of GoldenGod

I draw your attention to the London South East Asylum yurned sewer of a chatroom Valereum (VLRM) thread where today’s postings include a discussion of me having sex with my wife ( I kid you not), all sorts of defamatory allegations that I pay folks to post there as part of a clickbait model or that I am posting there myself under numerous aliases and idiots like Crazy Colette insisting that no news is good news and the shares are about to roof it. That is apparently all fine and dandy. But there is a voice missing.

---

183 days ago

Letter to Ross Andrews of Guild, advisor to Valereum (pro tem)

No cash coupon, however paltry, appears to have been received by Valereum from Quorium Global Photonics, the start up with a $200 website run by the son on a convicted ponzi fraudster, within the five business days schedule it announced on March 31. Maybe it has arrived and Valereum has just not issued an RNS. I have written to its advisor Ross Andrews of Guild

---

183 days ago

BSF Enterprise: is the mystery “investor” Josh Barsch?

The FCA scuppered BSF Enterprise’s (BSFA) plans to do a £5 million at 2p place and pump with fake news scam with Josh Barsch of Mast Energy infamy by refusing to sanction a prospectus. That forced it to do a £385,000 placing at 1p saying that it was with a “single strategic investor”

---

183 days ago

Video: Higher Prices At The Pump for Years & ‘Tremendous Bargains’ in Oil and Gas

Asset manager Josef Schachter insists that higher oil prices are here to stay.

---

183 days ago

Golden Prospect share price – what am I missing here?

The fully diluted NAV per share yesterday was 120.82p. Shares in Golden Prospect Precious metals (GPM) are today just 94.5p. What am I, as a loyal shareholder, missing here? The discount is 21.8%

---

184 days ago

Talk about leaving it to the wire! How to keep idiots in suspense!

Just a  reminder that the first cash payment from Quorium Global Photonics , the start up created by the son of a convicted ponzi fraudster with a $200 website, was due to Valeruem (VLRM), after the first default,  should have been paid within 5 business days of March 31. That is to say by 7.31 AM this morning.

---

184 days ago

Wishbone buys Silver Lake Project – two questions for Richard Poulden

Wishbone Gold (WSBN) has announced the purchase of another exploration asset in Western Australia, the sort of asset that was last explored in the black and white area and failed to impress then and ever since.

---

184 days ago

European Green Transition – a ‘penny shares’ growth and income Buy

European Green Transition (EGT) has recently itself ‘transitioned’ from a portfolio of sub-scale green “assets” (albeit which it may be able to now get some disposal proceeds from) to a focus on an acquired onshore wind turbine operating, maintenance, repairing and remote monitoring business of some scale. The following is why that suggests growth and income ‘Penny Shares’ appeal from a 6.75p offer price for the shares, £18.2 million market cap.

---

184 days ago

Tom Winnifrith Bearcast No 1: Comparing Trump with Chamberlain, gold and comparing Adams with Gilbert

One of the four men is a proven fantasist and liar and two are I believe honourable truth speakers, the fourth, well we all have our views. I discuss snakes, gold, Kefi Gold & Copper (KEFI) and Eco Buildings (ECOB)

---

184 days ago

80 Mile – more confetti for the boys, more dilution for the gerbils

Rod McIllree joke company 80 Mile (80M), formerly BlueJay Mining, is at it again, doing what it does best: issuing yet more shares. This is another AIM shitco where you almost lose count of the gazillions of shares issued and where the market is now numb to the pain of further dilution and failing to ask: who benefits?

---

184 days ago

Bluebird Mining – gazillions more shares for the greedy management and related parties

After a while you sometimes just lose count of the number of shares a company has in issue. A hundred million new ones there. 600 million ne ones there. In the end your calculator just runs out of steam and you know that Fat cat insiders will end up owning most of the equity. The greed of Sath Ganesarajah at Bluebird Mining (VMV) in rewarding himself for abject failure in terms of value creation is just nauseating.  You may want to look away or at least get a sick bag ready.

---

184 days ago

Wildlife Diversity photo article from the Greek Hovel

I just spotted a large lizard sitting on the steps up to the Greek Hovel. I think that is unwise since olive harvester T’s best pal Doggy is a frequent visitor these days and would have it for breakfast. The spring is bringing everything out and so I am hoarding snake repellent canistors and starting to put them up around the house. But there are less threatening species out there.

---

185 days ago

Morgan Advanced Materials – 2025 results suggest an income and recovery Buy

Shares in “global leader in advanced materials” Morgan Advanced Materials (MGAM) had been rising this year and closed February at above 240p. There’s followed its calendar year 2025 results which, together with the geopolitics, saw the shares to below 210p and suggest to us buying opportunity.

---

185 days ago

Valereum: Will it SMTM?

On 29 March the start up with a $200 website, Quorium Global Photonics, defaulted on a $3.9 million coupon payment to Valereum (VLRM) which it had promised to pay in fiat or in a fiat linked well established crypto. On 31 March Valereum, which is running on vapours, said the default was all agreed and instead…

---

185 days ago

Chesnara – 2025 results, income and growth Buy on an already winning share tip

‘Life, pensions and investment company with specialist expertise in consolidation’, Chesnara (CSN) has announced its results for the 2025 calendar year emphasising “Strong financial delivery and 6% increase in final dividend” and notes “two material deals, the acquisition of HSBC Life (UK) Ltd which completed in January 2026 and the proposed acquisition of Scottish Widows Europe SA”. What does the results announcement suggest on the outlook of the shares from a 290p price?

---

185 days ago

The spiv Nigel is a bit too beastly to Harry Adams

Today, of all days, it is hard not to be enthused as a gold bull as well as nauseated by the climb down of Trump. Naturally my colleague, the spiv Nigel Somerville, is delirious but he is also, I think, fartoo harsh on Harry “Trougher” Adams and Kefi Gold & Copper (KEFI)

---

185 days ago

Tom Winnifrith Bearcast No 1: Peace in our time, Iran, gold, oil and shares

It seems as if we have peace in our time, oil tankers should be sailing through the Straits of Hormuz as of today. I consider the humiliation of Britain, the implications for the world standing of the US and the dollar for shares, oil and gold. I mention a few of the gold shares I own and consider BP and the case against buying oil shares on the dip.

---

186 days ago

Duke Capital – Q4 “Trading and Operational Update”, income value Buy

SMEs business capital provider Duke Capital (DUKE) has issued a “Trading and Operational Update” stating that it is “pleased to show both the resilience of our recurring revenue and upside from exits in the current quarter”. What does the detail of that suggest from a 26.25p share price?

---

186 days ago

Richard Jennings becomes CEO at Kazera Global – not on my 2026 bingo card

The second most hated man in the City after me, Richard “nobody likes me and I don’t care” Jennings has spaffed more than a million quid on Kazera Global (KZG) over the years and is its largest shareholder. I did not expect what he has announced today.

---

186 days ago

Video: ‘Buckle Up’ For Silver & $6000 Gold and the AI dump

Consulting analyst John Feneck is a gold bull but sees even greater upside elsewhere

---

186 days ago

Wildcat Petroleum – how many AQSE advisors have told you to feck off?

On Wednesday 25 March shareholders in worthless perma dog Wildcat Petroleum (WCAT) voted to quite the Main Market once a move to the AQSE lobster pot had been finalized and the company said it was looking to appoint n AQSE advisor “over the weekend” (28/29 March) and that a move would take 4-6 weeks. Here we are and there is still no news of an appointment,. I wonder why?

---

186 days ago

The Lloyds Bank Reading branch scandal – how long does it take to fess up to a billion quid of fraud?

The Times today reports on what looks to be an appalling cover up by Lloyds Bank (LLOY), a billon quid fraud from 2009 which my old pal the champagne socialist Brian Basham did so much to uncover. Thus really is shocking. Six Lloyds employees were jailed for the fraud back in 2017 at which point Lloyds set up its own enquiry under a retired High Court judge Dame Linda Dobbs

---

186 days ago

Tom Winnifrith Bearcast: the snakes are out in Greece and reviewing the latest Kefi presentation, why, Harry, are your shares so cheap?

I start with a fascinating book I read last night then move onto the snakes here at the Greek Hovel. Then I consider the new presentation by Kefi Gold & Copper (KEFI), asking Harry Adams why he thinks the shares are so cheap. I have some ideas for him

---