Personal and undiluted views
AIM

4 hours ago

Trevor “pump and dump” Brown does it again – has this man no shame at all?

I am beginning to think that foul mouthed troll and penny share huckster Chris Akers is not the Wolf of the AIM sewer after all but that this title really belongs to Trevor Brown, a man who is completely shameless.

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5 days ago

BREAKING: Bidstack – Confirmation of Stifel forecast slash & breach of AIM Rules 10 & 11

Needless to say, the morally bankrupt PR firm of Buchanan has still not replied to an email from Tuesday night regarding forecasts for its technically insolvent client Bidstack (BIDS). Presumably it is working hard finding a journalist to smear and that is its priority. When Steph Watson says she will reply to an email what she clearly means is “I am a lying PR harpy and will do nothing of the sort.” But, without the assistance of mendacious Steph, I now have confirmation that house broker Stifel has indeed slashed forecasts which appears to be a clear breach of AIM Rules 10 and 11.

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5 days ago

Letter to AIM Regulation – why has Bidstack apparently breached AIM Rules 10 & 11 with impunity?

Earlier today I reported on market speculation that Stifel, the house broker to Bidstack (BIDS) had slashed its sales forecasts and materially increased its loss forecasts for Bidstack (BIDS). This cannot have happened without a company chat so why has there been no official lack of sales/increased loss warning. Is CEO Lying James Draper again in breach of AIM Rules. I have written to the Oxymorons at  AIM Regulation, as you can see below

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6 days ago

Iconic Labs and the ongoing downfall of toxic Dave Sefton

Today, the oil company that toxic David Sefton ramped, raised funds for, did undeclared related party deals with and still owes cash to, Anglo African Oil & Gas (AAOG) was thrown off AIM as a near bankrupt shell. Last Friday it was the turn of the other company he destroyed with related party deals, Iconic (ICON) to have news and it all reads badly for Dave. I wonder how Dave’s business partner, the Tory, Damian Collins MP feels about this. More sleaze vicar?

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6 days ago

Has Bidstack issued a horrible warning but only for clients of Stifel – does AIM Regulation give a feck as insolvency looms?

If there is a material change in your trading outlook, as an AIM Company you have a duty to inform the market at once, as per AIM Rules 10 and 11. But if you are Lyin’ James Draper of Bidstack (BIDS) you do not give a flying fuck about the rules. So has he issued a horrible lack of sales/increased losses warning by simply speaking to the analyst at house broker Stifel who slashes forecasts? Is it the case that as of Friday clients of Stifel heard the bad news, other morons who owned the stock did not. And the news, is rumoured to be dire. Cretinous low grade PR firm Buchanan, employers of the journalist smearing fraudsters PR of choice Henry Harrison-Topham, are failing to answer emails or calls on this matter but should get off its fat collective arse and issue an RNS or at least say this is not true if it is not true.

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6 days ago

Nightcap – rollcall of shame

Yesterday I revealed how Sarah Willingham’s Nightcap (NGHT) was scrabbling around to raise money via a bucket shop placing.  Let’s hope it manage to spend less on this fund raise than the AIM admission which had estimated costs of admission of £1 million to raise gross proceeds of £4 million, a ludicrous 25% of money raised.

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8 days ago

Tom Winnifrith Bearcast – the crazy world of trying to buy a bungalow for the Mother-in-law, a bubble within a bubble

I start with house hunting with my mother-in-law in what is a bubble within a bubble. It has to end in tears. Then I look at Nightcap (NCAP) and the disgrace of its IPO on the AIM sewer becomes even more disgraceful after today’s expose HERE.  Tomorrow a modest 15 mile Woodlarks training walk is planned. we are at more than 33% of the Rogue Bloggers target but 94% of you are yet to donate. Go on, please give generously today HERE.

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11 days ago

EXPOSE: Are penny share promoter Chris Akers & a high profile SPAC boss committing market abuse in private chatroom? Company response is to smear critics!

The company is All Active Asset Capital (AAA) a grossly over-ramped and over valued AIM sewer promote when penny share spiv Chris Akers is involved. Soo too is Johnny Mahtani the boss of Media Tech SPAC a murky, newly formed, company backed by Akers planning a stockmarket listing within months. There is a private Telegram group where Akers, Mahtani and others pump the stock. The screenshot below is from yesterday evening.

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13 days ago

If there is a prize for the most out of date/obviously hacked PLC website I nominate Iconic labs

Iconic (ICON) is a Standard Listed company so unlike AIM listed companies which have to comply with AIM rule 26 to maintain an up-to-date company information website, many of the details on Iconic’s corporate website are shockingly out of date. In fact if there is a prize for the most inaccurate PLC website I nominate this one. Just for starters:

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13 days ago

NFT Investments – this all stinks like a rotting kipper and will be seen as unacceptable bull market greed: first investment made

David Lenigas was unable to float his poxy related party spoof Lenigas Cuba on AIM or the Standard List as regulators objected to the way he awarded himself gazillions of founder shares at peanuts before raising money shortly after from mug punters at a vast premium.  There was no justification for the uplift it was just greed and even the AIM sewer and the FCA regulated (no sniggering at the back) Standard List have some standards. Luckily Aquis has no standards and so Lenigas Cuba listed there. Of course it ended in tears. But that established that Aquis has no qualms about quite appalling greed. Take NFT Investments.

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15 days ago

The 30 most read articles in almost nine years as TomWinnifrith.com reaches a landmark of 3 million page views

Okay that is not a huge number. Despite being behind a paywall my main site, www.ShareProphets.com has achieved almost ten times as many reads in one fewer year. But some might be surprised that my ramblings on rebuilding and living in hovels in Greece and Wales, on life on both, on politics, on jokes and on all sorts of other matters, mainstream and obscure, get any readers at all. So this is a modest landmark. When this website started it was therapy for me at a very difficult time in my life and I’d be lucky to get 30 page impressions in a day. 

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15 days ago

BREAKING: Now the move against graphene face masks moves to Ireland – they will be coming for you next Versarien

Oh dear, oh dear. It never rains but it pours for loathsome Neill Ricketts the boss of grossly overvalued AIM promote Versarien (VRS). Now realising that his attempts to gag a Bulletin Board critic will end in a humiliating climbdown, his week just got even worse news with developments in Eire. You will remember how Canada has moved to ban graphene enhanced face nappies?

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18 days ago

BREAKING: Why Neill Ricketts is such a prick or so badly advised by 9th rate lawyers in trying to gag a Bulletin Board critic – case precedent

Yesterday I published the fascist lawyer’s letter sent by 10th tier law firm Hugh Paddison of Cheltenham and explained why on matters of libel it makes no case at all – this is merely an attempt to bully a Bulletin Board poster into silence. But it gets worse for loathsome and disgraced AIM boss Neill Ricketts.

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22 days ago

Breaking: it is Neill Ricketts of Versarien who threatens a Bulletin Board critic as I threaten an expose at 8.30 AM

I alluded to this earlier in the week but can now reveal that the AIM CEO going after a bulletin board critic is none other than loathsome Neill Ricketts of Versarien (VRS). The crazy thing is that this critic who was once a shareholder and big fan of loathsome Neill has, in many of the posts which Ricketts claims to be libellous said exactly what has been said on this website. Yet…

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22 days ago

Tom Winnifrith Bearcast: Why UK Oil & Gas really makes one despair of capitalism

Peter Brailey’s article of earlier makes one think about AIM and capitalism. I explian why, at ever level, UK Oil & Gas (UKOG) and is pig of a boss Lyin’ Steve Sanderson make me, as a capitalist, despair. I offer a few words on Phil the Greek and a few on Woodlarks. Tomorrow sees Olaf accompany me on a training walk and as the woke little snowflake struggles pity her and make a donation HERE

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23 days ago

Verditek – Another letter to FCA & AIM Regulation as the cash rapidly runs out

I have communicated with Britain’s finest regulators, no sniggering at the back please, a number of times on the matter of AIM bad boy Verditek (VDTK), the company run by Tory Toff Lord Willetts which is heading rapidly for insolvency. I have written again on the matter of its market abuse, deceiving investors to pump the shares ahead of bailout placings. The letter is below:

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28 days ago

Tom Winnifrith Bearcast: I really want to battle with a moronic AIM CEO threatening to sue a BB poster

Right now my main battle seems to be with the snitchers here in Snitcher-on-Dee where I take no prisoners again today - HERE. In this podcast I discuss why this CEO is a moron but how I really want to see him in Court. Then I ask more questions about the fraud [email protected] Capital (SYME) which Mr Paul Vann declines to answer, look at Eurasia Mining (EUA) and produce a detailed analysis of the ramp du jour that is Totally (TLY). PS I trust listener Matthew and his dog are impressed by this podcast in his honour.

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29 days ago

Versarien and that smelly Korea deal: another way to look at it.

This is the take of Tweeting CEO, an occasional poster on Bulletin Boards. I do know who this poster really is and he is not an AIM CEO but talks an awful lot of sense. My own take on the deal which saw a Korean firm, Graphene Labs, invest £1.93 million to get a 2.2% stake in the Neill Rickett’s dog is HERE but here is another view:

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40 days ago

BREAKING: Ouzo for the Sheriff of Aquis as Block Commodities loses (another) adviser and shares suspended

Cripes! This must be a record. First Sentinel was only appointed as corporate advisor to Block Commodities (BLCC), formerly the African Potash (AFPO) fraud on March 4. Today it has resigned with immediate effect meaning the shares are suspended yet again. The reason: exposes by the Sheriff of Aquis, a man whose day job is the Sheriff of AIM

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41 days ago

Lying’ James Draper on cracking form as the very bad news from Bidstack buried at the bottom

How on earth is Lyin’ James Draper still in charge of Bidstack (BIDS)?  Dumping shares at almost four times the current price after lying to investors on a Justin the Clown podcast and while sitting on a lack of profits warning, issuing misleading RNS statements that had to be corrected and missing every financial target going is a piss poor CV even by the low standards of the AIM sewer. The man is a disgrace and is not fit to run a public lavatory let alone a public company. So to calendar 2020 results out today and the looming cash crisis.

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42 days ago

Explosive Dossier: surely the FCA and SEC must act to stop the backdoor stockmarket comeback of Chris Cleverly,

When your cousin James is a Foreign Office minister and tipped as a future Prime Minister and you mix freely among the Westminster great and good you might think that you are above the law. That certainly seems to be the case for Chris Cleverly who has spent the past five years lying to investors and raising cash on the back of it. Now he has a new con which he is trying to float on the Standard List of the London Stock Exchange via a backdoor reverse takeover into an insolvent company, and he has now roped in a US listed company which is already lying to its investors. The FCA and SEC must act at once. Cleverly’s crime spree started at AIM listed African Potash (AFPO).

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42 days ago

Block Commodities, joke pot deals, a vile ex Tory MP, Tatnall & Longley & Pre Genius Steffi – the party from hell

Amazingly, after all the lies, well documented on this website, that African Potash (AFPO) told before being slung off the AIM sewer and all the lies it has continued to tell under its new name of Block Commodities (BLCC) while on the joke Aquis Market, the shares remain listed. Lyin’ Chris Cleverly has, however, stepped down “to pursue other interests”. That announcement came as the company managed to find an adviser to act for it. I wonder if it was a condition.

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42 days ago

St James House – results bloodbath and (yet again) vindication for the Sheriff of AIM ( Part 1)

This is such a mess, such a shit-shower of deceit and wrongdoing that it is necessary to split it into three parts. What follows is, even by the lowly standards of the AIM sewer, a total shocker.

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48 days ago

If this is not an accusation of insider dealing what is? Team on Tavistock

This looks like a tasty spat in the world of fund management, with AIM listed Team PLC (TEAM) making a fairly explicit accusation of insider dealing as it launches an all paper offer for Tavistock Investment (TAVI). It states the case clearly.

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52 days ago

Correction: On AIM a lock-in agreement is meaningless: Powerhouse Energy: is Peter Jones OBE really cash strapped?

Yesterday it was Skinbiotherapeutics (SBTX) which allowed Optibiotix (OPTI) to dump shares less than six months after announcing a firm lock in agreement lasting 12 months. Today it is Powerhouse Energy (PHE) showing that these announcements are utterly meaningless and investors cannot rely on them at all.

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61 days ago

Into the Mountfield sewers wade Cathal Friel and, maybe, Open Orphan

After years as a serial AIM dog about which we repeatedly warned, Mountfield Group (MOGP) is now  a cash shell c/o a Peterhouse Corporate Finance Special. A recent placing at 0.1975p has allowed many of the spiv, sewer dwelling, clients of Peterhouse to flip their stock for a quick turn. For them and also the advisers who racked up costs of c£300,000 on the £3.1 million placing it is coke, hookers and in many cases warrants all round. Yum Yum. But this is perhaps not a total tale from the sewer.

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64 days ago

Tom Winnifrith Bearcast: a Reminder of AIM Rule 11 for sleazy Tone

There is news from the garden. Then a few notes on covid testing stocks. Then comment on Umuthi Healthcare (UHS) and finally a remindcer of AIM Rules for Westminster Group (WSG) chaired by ex Tory MP Tony Baldry of 3DM infamy. There is also an explicit warning on Eden Pharma, a potential pot IPO.

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64 days ago

EXPOSE: Sleazy ex Tory MP Tony Baldry’s Westminster Group slammed by FDA for untruthful covid boasts

Oh dear, there has been no RNS about this but it appears that Westminster Group (WSG) , the serial AIM laggard run by ex Tory MP, sleazy Tony Baldry of the fraud 3DM infamy, has been very naughty and has been slapped down by the US FDA for making untruthful covid claims on its website. Tony: you are a scumbag. This is a shocker.

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65 days ago

Verditek – time for a lack of trading update & update on perilous cash position

I hope that AIM Regulation is taking seriously the way that Verditek (VDTK) announced a series of EIGHT contract wins last summer to ramp its shares ahead of a bailout placing in October only to admit, incrementally, that almost none, if not none of the contracts had actually landed. Verditek has done this several times before and needs to be publicly admonished if it is not to commit securities fraud in this way again.  But there is another matter…

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65 days ago

If a Bulletin Board Moron did Irony … and is this the stupidest post on ADVFN ever?

My suggestion, made to AIM Regulation and HERE, that shares in all covid testing stocks be suspended on Monday seems to have aroused every idiot who has ever bought an AIM listed share into outrage and anger. Brokerman Dan has joined this populist outrage.

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66 days ago

Versarien – another climbdown with a bogus excuse: another Victory for the Sheriff of AIM

On 21 January, joke graphene company Versarien (VRS) published interim results which misled investors as to its net debt position by classifying a £1.96 million (illegal) Government loan as a trade payable not as a loan. Having deceived folks with this presentation, loathsome boss Neill Ricketts was again selling shares, this time 1.65 million of them.  Now, after I complained to the Oxymorons at AIM Regulation and hapless Nomad SP Angel of fraud MySquar infamy, Versarien has ‘fessed. But even so, it does so in a misleading and deceptive fashion reinforcing why its shares are so utterly uninvestable.

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71 days ago

TrakM8 – yet another dismal profits warning

Perennial AIM casino disappointer TrakM8 (TRAK) started today’s statement with the good news: a modest contract win. But this company never fails to disappoint and so having hyped its H2 prospects before Christmas now we have the bad news.

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72 days ago

The World’s “Most Successful” Growth market – Shrinks again: Let’s party like its 2003 on the AIM sewer

As you are aware, Marcus Stuttard, the clueless bogus Sheriff of AIM who heads up the Oxymorons at AIM Regulation, continues to insist that his market is a great success. Indeed he recently stated:

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77 days ago

Tom Winnifrith Bearcast: 4 valuations that are utterly bonkers, one where the FCA must open a new enquiry

I start with the Poulden/Lenigas/Peterhouse/Mir ramp Upper Thames (UPPT). Then it is onto Ridgecrest (RDGC) where I go through the exact timeline of events and all the issues which the FCA should examine in a formal enquiry. Then I have new questions for Zoetic (ZOE) and its loathsome PR Mr Henry Halfwitted-TopHat, formerly the PR of choice to Chinese fraudsters on AIM, about District 8, the RTO and what actually happened and finally comment on the weekend analysis of Versarien (VRS). Both it and Zoetic are shares where my target remains 0p.

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77 days ago

A shocker from the small cap sewer: Upper Thames, KR1 and the four horsemen of the rampfest

We live in times of sheer insanity. It is a rampers’ paradise and cometh the day cometh the four horsemen of the rampfest apocalypse. I bring you a tale of sheer insanity from the Aquis lobster pot market, formerly the NEX Exchange. It starts with what was once PGC Entertainment (PGCE), a serial uber dog which was eventually slung off the AIM casino. I should say that its boss is my pal Richard Poulden.

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92 days ago

More vindication after 5 years: Bahamas Petroleum shares crash – Simon Potter is a rotter

For years AIM sewer listed Bahamas Petroleum (BPC) has spun the line that all it needed was a farm in partner to unlock massive potential for oil in the Bahamas. For years I have called out CEO Simon “Harry” Potter as a useless and grossly overpaid promoter who should be fired – here is a piece from 2015. And warned that this stock was just not investment grade - you can see a series of exposes and scoops HERE.  Sadly Potter was not fired in 2015 and today – with him having hauled out well over £5 million in compensation – since his 2011 appointment when the spoof started, the house of cards has collapsed. It will get worse.

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94 days ago

Detailed dossier for accounting anoraks: Eden Research – has it been up to its old tricks again? I will Report to FRC

In May 2020, I published a detailed article asking what was happening with respect to TerpeneTech UK and the newly formed TerpeneTech Ireland - companies integral to the promotion of AIM fraudsters Eden Research (EDEN) of panama pump fraud infamy. Now that the TerpeneTech UK statutory accounts have been published, I have updated my note. The new analysis:

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94 days ago

Terpenetech 2019 accounts out – the Eden Research 2015 Panama Pump fraud (now) endorsed by KPMG laid bare

It was in August 2015 when a heavily cash-strapped AIM dog Eden Research (EDEN) engaged in a blatant Panama Pump style fraud with a company, Tepenetech, with which it had long been associated. The 2019 accounts for Eden, signed off by KPMG, still pretend that this is a legitimate deal. But Terpenetech’s own accounts for calendar 2019 are, finally, just out and the fraud is there for all to see.

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98 days ago

Letter to AIM Regulation re Bidstack PLC and Stifel Europe – Possible Breach of Rule 10

On December 17 Bidstack PLC (BIDS) and its Nomad Stifel Europe, fully cogniscent of the likely outcome for calendar 2020, issued a trading statement which I believe, in light of a confessional and disastrous statement on February 1 2021 was a clear breach of AIM Rule 10. I have written to AIM Regulation demanding an urgent enquiry and that sanctions be taken if appropriate.

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99 days ago

Bidstack admits to pre Christmas deceit, warns on 2021 – has to be rescue placing ahoy

The first of a number of triumphs today for the Sheriff of AIM is AIM bad boy Bidstack (BIDS). After repeated pressure from this website it has, finally, admitted that its pre Christmas trading statement was a deceit and, better still, has issued a shock warning about 2021. Oh dear, its moronic followers, including Mike Turner, that cross dressing IT freak from Northants, will be cacking themselves as a cash crisis looms. Let’s start with the false market created on 17 December with the misleading RNS signed off by shameless Nomad Stifel.

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100 days ago

Tom Winnifrith Video Shareshow No 17: Well over 2 hours with a professional comedian and a bloke who runs an AIM listed company. Boom Boom.

It is such a good joke I think I make it about 5 times in what follows. And now from Wales, by just 30 yards, it is my new weekly video show. This costs 99p per episode, and you can either listen to, or watch, some sparky interviews with  Harry Adams of Kefi Gold & Copper (KEFI), where i am a loyal shareholder expecting the shares to double or more by mid year, and also Dominic Frisby. The singer, songwriter, comedian, gold guru, bitcoin expert and libertarian is on great form especially on the bitcoin/gold issue and tips the only AIM stock he owns and explains why. You will laugh and learn with him. You can access the show HERE

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101 days ago

BREAKING EXPOSE: Sleazy Neill Ricketts of Versarien joins 1MillionTradeMarch, another new Reddit group trying to create a UK GameStop

Earlier I broke the story of how desperate [email protected] Capital (SYME) owning morons were gathering on Redditt to try to replicate the GameStop effect in the UK and to “FuckTheLondonStockExchange”, manipulating shares in the, currently suspended, con from a £122 million value to £12 billion! I will have some bad news for them from the FCA later. But there is another group on Redditt now trying to organise a GameStop on a range of stocks and guess which sleazy, share dumping, lying CEO of a cash guzzling AIM listed POS has signed up, as I demonstrate below.

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103 days ago

Letter to AIM Regulation – Verditek: there must be a formal enquiry into the pre-placing deceit

Yesterday Verditek (VDTK) finally ‘fessed that its 2020 revenues would be almost nothing. That is despite it announcing on June 30 that its Italian operation was now “in production and is generating revenue” and the announcement of no less than EIGHT separate orders from 30 June onwards. All of those “orders” were announced before a bailout placing on October 6. And it is not as if this company, chaired by Tory Toff Lord Willetts, has not got extensive form in announcing big orders before placings which then turn out to be bogus. The Oxymorons at AIM Regulation could have stopped this if they had heeded my calls in letter to them about a full enquiry into past pre placing deceits going back right to the IPO but they did nothing. There now needs to be a full enquiry into the company and into Nomad WH Ireland with public censures resulting. My letter is below:

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104 days ago

More ouzo for me but not for Mike Walters & Tory Toff Lord Willetts as Verditek forced to ‘fess up to its deceit

Twice in the past week, most stridently yesterday afternoon HERE, I have made it clear that Verditek (VDTK), the serial AIM sewer deceiver ramped by shamed tipster “old mother” Walters and chaired by Tory toff Lord Willetts, needed to come clean on yet another pre-placing deceit and its lack of revenues. I guess the Oxymorons at AIM Regulation were listening as this morning the company fessed up. It’s ouzo time for me!

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104 days ago

Manolete – another massive victory for The Sheriff of AIM as bear dossier vindicated, shares collapse on warning – lies exposed!

On 10 July 2020, I published a devastating and detailed bear dossier on AIM darling Manolete (MANO) with the shares at 515p valuing it at more than £250 million. The company and its odious PR firm Instinctif responded with a pompous and unconvincing denial. I’ve warned you repeatedly since then and yesterday in the late afternoon came a shocking warning. The shares closed at 200p but as lies are exposed, worse, including a bailout placing, will come. So let’s start with the lies.

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104 days ago

Fleet Street Legend and serial NED Brian Basham writes to AIM boss Marcus Stuttard re Vast Resources & the AIM sewer in general with a novel suggestion

Brian Basham has been a legend of journalism and PR for more than fifty years. He moves in the highest circles of the Labour Party, is a serial AIM NED and exposer of corruption, notably the HBOS Reading scandal, and is a man not to be ignored. He has written a letter to AIM Regulation boss, the fake Sheriff of AIM, Mr Marcus Stuttard which I publish in full below as it makes very strong allegations.

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106 days ago

EXPOSE: Pineapple Power – the insolvent IPO from Christmas Eve & the shocking ramp since

All this needs now is for Harriet Dennys of the Mail on Sunday to claim that this company has a £6 million war chest (It does not) and Pineappple Power (PNPL) will show everything that is wrong about UK smaller companies markets, especially the FCA regulated, no sniggering at the back, Standard List.  Let’s start at the beginning.

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106 days ago

Ridgecrest – now it is forced to make a statement but still the morons don’t get it. An RTO explained for morons including Zak Mir.

I warned you on Friday that with the scoundrel penny share spivs at LSE Sharetalk, the house of Zak Mir, ramping away, the 3p share price of AIM shell Ridgecrest (RDGC) was insane and that even broker Peterhouse which has only last Wednesday raised £2 million (gross) at 0.6p would be vaguely embarrassed. Indeed, that seems to be the case as now the company has been forced to issue a statement.

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106 days ago

Has Dragon's Den star Sarah Willingham lied to ramp her shares or just a journalist cocked up – market is now false - letter to AIM Regulation

Shares in Ms Willingham’‘s AIM listed Nightcap (NGHT) are the 3rd biggest riser on the Casino today, up 26% at 17p on the back of an article in the Mail on Sunday by Ms Harriet Dennys which, as I poingted out yesterday, is totgal bollocks and a deceipt. It quotes Ms Willingham and the question is has she told a monstrous lie. or is Ms Dennys just making things up? With the shares roofing it I have written to the Oxymorons at AIM Regulation as the company needs to comment urgently. This is a false market.

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107 days ago

Tom Winnifrith Bearcast: The Mail on Sunday on Nightcap, are these folks on heroin?

I start with the question of who should pay for lockdown via taxes or inflation. Then it is onto an article by Harriet Dennys in the Mail on Sunday on NightCap (NGHT), the AIM baby of Sarah Willingham of Dragon’s Den which could go bust by July. The article is so bad, so full of massive factual errors and so utterly misleading that it is easily the worst piece of financial journalism I’ve seen so far this year. And that includes articles by Zak Mir. Seriously, writing this sort of bollocks does have consequences.

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109 days ago

Letter to AIM Regulation : Versarien needs to restate and reissue interims, they are deceptive

The results were so shockingly bad that it is hard to see why Versarien (VRS) bothered to mislead investors. But it did and in a material way and thus I have written to the Oxymorons at AIM Regulation to flag this up and suggesting that odious Neill Ricketts and his disgraced Nomad, SP Angel of the fraud MySquar infamy, be forced to restate  reissue a corrected version. The letter is below.

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116 days ago

Octagonal interims & another fail for the worst FD on AIM and the worst Nomad in stab City

Just a few hours before voting to delist Octagonal (OCT) from the AIM Cesspit earlier this week, shareholders in the company were presented with unaudited interim results for the six months ended 30 September 2020. With AIM’s worst FD, Nilesh Jagatia, in charge and London’s worst Nomad, Roland “fatty” Cornish, signing off, you will not be shocked that there were a raft of howling schoolboy errors.

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117 days ago

Bidstack – The share price tells you that Stifel has an urgently needed bailout placing underway

Bidstack (BIDS) managed to ramp its shares up to 13p the other day thanks to the follow on from a trading statement which was long on ramp but short on critical detail. That AIM Regulation allowed a company with a history of deceiving investors to issue such bollocks is another mark of infamy on its already soiled record. After the pump, you know what comes next and it looks to be underway.

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118 days ago

Tom Winnifrith Bearcast: Another day of shame for AIM and why Sosandar is just not for me anymore

Today I look at three companies. I start with Skinbiotherapeutics (SBTX) where I ask if it is better to travel than to arrive? Then it is onto Sarah Willingham, Allenby Capital, The Sunday Times and their collective shame in the disgraceful AIM IPO of car crash in waiting Nightcap (NGHT). Finally I look at Sosandar (SOS).

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118 days ago

Have you been screwed by Dragon Sarah Willingham today?

If you have invested in the IPO of her Nightcap (NGHT) company on AIM I suggest that you have been. This company could go bust by the summer and should never have been allowed on the Casino. What on earth have Nomad Allenby and AIM Regulation been smoking?

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120 days ago

Octagonal – the innumeracy of Nilesh Jagatia exposed and can it fund its promises?

Today’s RNS from Octagonal (OCTshows clearly that it tells lies and is thus run by a liar in John Gunn.  However it also suggests that its FD, AIM’s worst FD Nilesh Jagatia cannot do basic maths and that its promises of a dividend and share buy backs are reckless in the extreme. Ahead of a GM vote on delisting how can it be allowed to make such pledges?

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120 days ago

KERBOOM: Octagonal admits it told a massive lie via RNS and then tells another – how is boss John Gunn allowed to continue on AIM

Not only have Octagonal (OCT) and its boss John Gunn both been charged by the SEC with breaking Securities laws but both are now shown to have lied to investors in a madssive way via RNS. Today they admit to that crime and then lie again. How on earth AIM regulation think Gunn is fit to run not one but two AIM listed companies, Octagonal and Inspirit (INSP) defies belief.

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125 days ago

GCM Resources – the end or the beginning of the end or perhaps neither

Gary Newman got much grief in times gone by for warning folks about this dog. Today, I imagine he will be enjoying extra ouzo with his fishcakes as the shares were suspended from AIM as the one month notice period of, now, former Nomad Strand Hanson came to a close. But what next?

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127 days ago

Great Western Mining – the case of the dog that barked in the night.

The mystery of that dog is that there was no barking. The mystery of today’s mega spoof from Great Western Mining (GWMO) a long term hound from the AIM kennels, is what the company does NOT say, rather than what it does say. The omissions are critical.

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134 days ago

Octagonal - the tiny auditor big red flag

Facing SEC charges which will destroy its core business and should wipe out its balance sheet John Gunn’s Octagonal (OCT) is toast. But were there warning signs. Is the Pope a frigging Catholic? This site warned you time and time again about this company and also Gunn’s other AIM hound Inspirit (INSP) which is surely also a zero now.

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135 days ago

Tom Winnifrith Bearcast: The worst piece of financial journalism of 2020: Donna Ferguson blows off Piers Linney in the Mail on Sunday

I discuss both the article which you can see below which really is the worst piece of financial journalism seen this year. It does bring me to why celebrity endorsed investments are so often utter stinkers, looking back at those backed by David Beckham, Fergie, Linney himself, Fergie and at the NightCap AIM IPO driven by ghastly Sarah Willingham with no conflicts of interest at all!

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137 days ago

Tom Winnifrith Christmas Bearcast: This is the scandal that MUST sink London's worst Nomad Roland "Fatty" Cornish

This is all to do with events at Octagonal (OCTdescribed earlier. When did Fatty know? The answer is that thanks to a whistleblower it was eons ago. But it is what he did about it that is the real scandal and why AIM Regulation must drum him out of the City PDQ if it is to maintain any sort of pretence that AIM is a credible market. PS. Merry Christmas to one and all, even Fatty.

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139 days ago

Tom Winnifrith Bearcast: Now Zenith is only down by 93% & Trevor Brown should be booted off AIM for good

I start with Joshua’s Advent calendar, then talk about what is in store here tomorrow and then cover Zenith Energy (ZEN), Powerhouse Energy (PHE) and Remote Monitored Systems (RMS), arguing that its boss Trevor Brown is a menace who should be barred from being involved with any other AIM Companies for good.

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139 days ago

Remote Monitored’s disgraced board plays the victim and threatens their own shareholders: Brown and Ryan must go NOW!

Okay, the pantomime at the theatre in Wrexham is cancelled this year along with Christmas thanks to the clinically insane leader of Wales, Mr Mark Drakeford. Instead, thanks to AIM listed Remote Monitored Systems (RMS), we are treated to a performance of a new pantomime. Chancer spivs Paul Ryan & Trevor Brown, your AIM Cesspit career is behind you! Oh no it’s not! Oh yes it is! Or it soon will be.

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139 days ago

Even the charlatans at Powerhouse Energy admit that its share price is insane but Bulletin Board savants know better

This morning, with shares in Powerhouse Energy (PHE) having surged past 8p yesterday the company was forced by AIM to issue a statement:

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140 days ago

Letter to AIM Regulation: Versarien lying again

How many letters have I written to the Oxymorons at AIM Regulation about the lies and market abuse committed by Versarien (VRS)? To their credit, the Oxymorons have, on a number of occasions, forced Versarien to issue a new RNS fessing up to various ghastly truths so they do heed my words sometimes. Anyhow, Versarien has told another porky today and so I have written again.

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145 days ago

Verditek: Oops They did it again! Another pre-placing announced contract up in smoke

In my detailed coverage of the POS AIM Company Verditek (VDTK) I have shown how in every year since its IPO it has announced contracts, ramped the shares and then having raised funds in a bailout placing or two, the contracts disappear. Sometimes it ‘fesses up, sometimes there is no ‘fess, other times I have to run articles and sheeplishly, Tory Toff Lord Willetts and his chums are forced into an RNS. Well here we go again.

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145 days ago

Tom Winnifrith Bearcast: Another Advent question I bet 95% of the Under 30s would get wrong

I start with Joshua’s Advent calendar, Then it is onto tales of boardroom greed and naughtiness at Octagonal (OCT) which is to leave the AIM Cesspit. Based on what I reveal today, where do you think its cash will go?  Then it is onto Verditek (VDTK), Bidstack (BIDS) and a second company run by a former Tory MP, Powerhouse Energy (PHE) where the man in charge is sleazy Tim Yeo. 

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145 days ago

BREAKING: Octagonal – another departure from the AIM casino and more egg on face for Britain’s most useless FD Nilesh Jagatia

You cannot say that I have not warned you all so many times that Octagonal (OCT) would end in tears. Corporate Governance and related party deals involving boss John Gunn were shocking and Nilesh Jagatia is, without doubt, the worst FD on the AIM casino. Today came news of a delisting and the shares have collapsed by almost 70% to just 0.7p. I do hope that the Bulletin Board Morons who knew so much better than useless old Tom Winnifrith, were well lubed up.

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147 days ago

Tom Winnifrith Bearcast: the 1 AIM share you must Fill Your Boots with NOW, don't wait just buy

In today’s podcast I discuss Joshua’s Advent calendar then look at 2 very naughty Nomads and 2 of their grossly over-valued clients. Roland “Fatty” Cornish looks after European Metal Holdings (EMH). Liam Murray of Cairn looks after the ultimate Penny Dreadful, Catenae (CTEA). Then I return to Sarah Willingham’s NightJar and why she is destroying value for morons who pony up £6 million for the IPO on day 1. This is a scandal and Nomad Allenby should be ashamed. Then onto Purplebricks (PURP) before I look at Summerway (SWC) and why, whatever you pay you MUST buy its shares ASAP

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148 days ago

Dragon's Den Sarah Willingham and her Nightcap float –a bargepole offering from Primary Bid

After the company’s PR firm managed to persuade another lacky journalist at the Sunday Times to do a massive puff piece for Nightcap, a firm run by Dragon’s Den Sarah Willingham, I am this morning invited to invest in the AIM Casino IPO via Primary Bid. Here is what the Sunday Times and other pliant hacks do not tell you and this is why “I’m out” on this one. I’d rather eat my own toenails than invest.

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148 days ago

Tom Winnifrith Bearcast: On this day of all days Sarah Willingham is 'avin' a Turkish! And who should star in my Christmas carol 2020?

On Joshua’s Advent calender the shepherds go to Bethlehem. That is almost true, well a bit true as I discuss. In prior years I have penned a three part Christmas carol featuring a villain of the year: Rob Terry, Neil Woodford and Chris Oil have starred. So please nominate your villain of 2020 for this year’s opus magnus below. In the podcast I discuss the IPO of Sarah Willingham’s company Nightcap on a day when most of its bars go into tier 3. She is ‘avin’ a giraffe. There are other red flags and questions to ask. Then I look at Jubilee Metals (JLP) and Bahamas Petroleum (BPC) asking if, on AIM, anyone gives a toss about the law of the land. Finally I look at Dignity (DTY) where i retain grave concerns.

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150 days ago

The obliteration of the AIM tiddlers continues as total market has lowest number of companies since May 2004

The AIM statistics for November 2020 are out and show that the market declined from 821 companies at the end of October to 820 companies, with 5 cancellations and 4 admissions (i3 energy appeared in both categories).  This marks a net decline of 43 companies since December 2019.  

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152 days ago

BREAKING: Cambridge University serves up damning data for Novacyt, today's IPO Abingdon Health and others

I accept that you might justifiably question a minor institution in the Fens which has historically only excelled in the production of homosexual Russian spies. But Cambridge University is not all bad and today it has served up data which should send shivers down the spine of those holding shares in Novacyt (NCYT) or planning to back the luducrous AIM Casino IPO, announced today, of Abingdon Health.

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156 days ago

Will Novacyt follow Bidstack or Henderson Morley?

The Annual AIM awards were a virtual event this year. So there was no need for 1200 crony capitalists from the City to fork out £150 for a ticket, pour themselves into DJs and party frocks and head off to tell each other how wonderful they all were. The crony capitalists will have to spend cash ultimately leached from mug punter investors elsewhere. What good news for coke suppliers and hookers.

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159 days ago

Everything that is wrong with the City: as Westminster Group and sleazy Tony screw shareholders the LSE lavishes praise

Three announcements came this morning from Westminster Group (WSG) the cash guzzling AIM promote run by sleazy ex Tory MP Tony Baldry of 3DM infamy. All add to Tom Winnifrith’s  5th rule of investing: If the porcine piece of slime Tony Baldry is involved sell.

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160 days ago

Two questions Powerhouse Energy will not answer

On November 12 AIM promote Powerhouse Energy (PHE) announced Heads of Terms with Hydrogen Utopia International Limited to license its IP in Poland. This seemed like a validation of its technology but it was not. This is a deception as I established HERE I have today asked Powerhouse two further questions about HUI and this deal. It has declined to answer by the very generous deadline served.

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164 days ago

St James House – jam tomorrow (maybe) but no results until December

St James House (SJH) on Friday admitted that it won’t be able to get its audited accounts for the year ended 31 January 2020 finalised in November 2020, a mere 10 months after its year end and as such its shares will remain suspended until the accounts are published.  It also stated that its interim accounts for the six months ended 31 July 2020 will also be delayed until the year end accounts are finalised.

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165 days ago

DeepVerge - another cash guzzling Covid ramp where the valuation is insane

I see that, on twitter, the usual assortment of lunatics are frothing about DeepVerge (DVRG) another utterly overvalued piece of junk from the AIM Cesspit. Naturally there is a Covid angle and appropriately enough it is a lavatorial one. It is not just Bulletin Board morons pushing this rubbish but esteemed broker Turner Pope has also stuck its nose into the sewerage system (literally) with a gushing note out today.

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166 days ago

10 days of AIM infamy for Remote Monitoring Systems – surely a Stewards needed?

Shares in Remote Monitoring Systems (RMS) have crashed by 19% today to 2.05p. Just nine days ago mug punters were paying 5p as, unbeknown to them, the two main directors flogged all of the shares in which they had an interest. This is a massive scandal and surely even the Oxymorons at AIM Regulation will figure out that a Stewards is needed ASAP.

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168 days ago

BREAKING: Major Bear Dossier on Anexo – the road to nowhere!

This is an impressive bear dossier, far too good for me to have compiled on AIM high flier Anexo (ANX). If the report is accurate – and it reads very well to me – then the shares should more than halve. Enjoy….

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168 days ago

Dev Clever shares now 6.5p to sell – surely the Asimilar stink is now utterly nonsensical as deadline approaches

Even at just 6.75p mid, the market cap of Dev Clever (DEV) is £31 million which – for a company with sub £1.5 million cash, annual sales of, perhaps, £2 million and which is heavily loss making – is ludicrous.  But what is now coming ever more sharply into focus is the ludicrous financing deal with AIM listed Asimilar (ASLR).

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169 days ago

Gareth Cave & his tweeting – not the real issue at Remote Monitoring Systems but a stinker none the less

The Times newspaper today flags up a series of tweets which, almost certainly break AIM Rules and relate to Remote Monitoring Systems (RMS), a company rapidly becoming the poster boy for the AIM Cesspit. They are not the hanging offence but there is a hanging offence out there…

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173 days ago

Letter to AIM Regulation: Versarien must clarify misleading RNS

On 17 April 2020, worthless AIM promote Bidstack (BIDS) published details of an “independent” study that it claimed validated its technology. Following intense pressure from ShareProphets, AIM regulation forced Bidstack to ‘fess on 27 April that the research was not at all independent but was paid for. In that light, I have written to the Oxymorons at AIM Regulation and to hapless and shamed Nomad SP Angel about the release issued by Versarien (VRS) yesterday.

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176 days ago

Letter to AIM Regulation: Powerhouse Energy must clarify investor deception & face formal censure

Over the weekend, I revealed the second reason why the RNS issued by cash-guzzling AIM Casino promote Powerhouse Energy (PHE) was grossly misleading. I have now written to the Oxymorons at AIM Regulation urging them to force Powerhouse and its shoddy Nomad WH Ireland to issue a full clarification and to face formal censure.

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177 days ago

MAJOR EXPOSE: Sleazy Tory Tim Yeo, Powerhouse Energy and that Polish deal Part 2

On Thursday I exposed how AIM promote Powerhouse Energy (PHE) had done a deal supposedly worth 100,000 Euro upfront with a company which was in fact just six weeks old and had only £100 to its name. But this con is far far worse as I can reveal today. 

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178 days ago

BREAKING: Powerhouse Energy Polish deal – this is a spoof by sleazy Tory Tim Yeo, its partner has just £100 to its name

Powerhouse Energy (PHE), the AIM listed green energy ramp run by loathsome ex Tory Minister Tim Yeo of sleaze infamy, has today announced a deal to license its technology in Poland and its shares are racing ahead. But this announcement is a spoof. Do advisers WH Ireland, Turner Pope and Ikon Associates have no shame at all?

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182 days ago

Tom Winnifrith Bearcast: all about 1 AIM stock

The company is cyber security outfit ECSC Group (ECSC) and in this podcast I dissect its finals from last year, interims, recent trading statement and other red flags leading me to explain why you should not buy into the hot sector argument and should not touch it with a bargepole.

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182 days ago

Elecosoft - not only has the main guy gone but also, for reasons unexplained, the auditor has changed. More Red flags vicar?

As you know we  have been big bears of AIM promote Elecosoft (ELCO). There were so many red flags when we published a major bear report HERE including Stockopedia of Wirecard, Globo & Quindell infamy having it as atop pick, Vox Markets promotion and highly aggressive accounting. They mounted when ElecoSoft started threatening legal action. Since then the chairman and founder has walked and now this.

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187 days ago

Pathfinder Minerals – More hands in the cookie jar for crony capitalists

Advisors to AIM listed companies get paid fees. Moolah. Money. Hard cash to spend on coke and hookers.  That is the way of the world. But, for some folks, that is not enough.

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189 days ago

Letter to AIM Regulation : Time for UK Oil & Gas to fess up about the Horse Hill disaster

Over the weekend, I published data on the so called Gatwick Gusher which demonstrates that Horse Hill, instead of gushing, saw output more than halve in the four months to July to just 120 bopd  One assumes that UK Oil Gas boss Lyin’ Steve Sanderson is now sitting on even worse data from the summer. I have written to the Oxymorons at AIM Regulation:

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198 days ago

Photo Article: Vassilios Carellas of Arc Minerals finds an LSE Poster hiding in his tent

There are numerous reasons why I wouldn’t run an AIM Mining company but chief among them is a terror of what you find lurking in your tent when you go out into the bush to drill. Vassilios Carellas of Arc Minerals (ARCM) sent me a photo one what his team found in one of the tents last week. This guy won’t be posting on the LSE Asylum any more. Enjoy. 

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201 days ago

How should a cash-strapped enterprise spend its last pennies? ref. Verditek

What would you do if you were running a PLC with almost no cash and which was burning cash? It is a position I have been in and it is not a good place to be. You cut costs perhaps? Or you just do whatever is needed to raise fresh equity whatever the cost involved in doing that… And that brings me back, once again, to Verditek (VDTK), the AIM listed company that should win prizes for telling outright lies about bogus contract wins in the run up to fundraises. It has offended in this respect so many times since its August 2017 listing that on the Upper Volta Stock Exchange or any other market on this planet it would have been chucked off long ago. But this is AIM and the chairman, Lord Willetts, is a Tory Toff so the show just goes on.

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202 days ago

Versarien, Neill Ricketts and sleazy death Spiral provider Lanstead – just who told the biggest lie?

On 23 March 2020 POS AIM promote Versarien (VRS) announced “ subscription to raise £6 million”. Natch the headline was misleading and indeed Versarien was forced to issue a clarification at a later date.  On 16 October the lies started to reveal themselves big time.

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204 days ago

Take Pity and bail out the dogs supported by Richard Jennings of Align

No!  The dogs to whom I refer are not Ascent Resources (AST) and other pond life companies residing at the bottom end of the AIM sewer who are blessed with enthusiastic Align Research reports penned by the halfwitted enabler of fraud and smearer of journalists Dr Michael Green. But to a far more worthy cause as you can see below.

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207 days ago

Does Versarien have one less Spaniard in the Works?

Okay, I know that Neill Ricketts thinks that rules are for little people and since his Nomad is the disgraced SP Angel, which is quite happy to act for proven frauds, it probably does not care either. Maybe the Oxymorons at AIM Regulation need to whir into action?

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207 days ago

Audioboom: no one wants to buy it, the cashburn continues & a new investor well versed in the ways of the AIM sewer arrives

Well what is not to like? Having tried to find a buyer for this loss-making POS since February 19 the process has now been terminated and the adviser fired. But Audioboom (BOOM) would not wish you to think badly of it as a result.

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221 days ago

Tom Winnifrith Bearcast: Lucian & I discuss Mike Pence at 33-1 as next POTUS bet

I pray that Donald Trump and the fragrant Melania recover from Covid and unlike godless liberals who tweet about praying for things I do actually pray and to someone I believe in. However Lucian has a bet on Mike Pence to be the next President and I discuss this. I then move on to look at UK Oil & Gas UKOG) where I diod tell y’all, Attis Oil & Gas (AOGL) and share rampers from the AIM swamps, Purplebricks (PURP) and also the latest mystery at [email protected] Capital (SYME),the worthless POS from the province of Norfolk. Later i am recording a video that I am sure many of you will enjoy.

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221 days ago

BREAKING: Verditek – now tell us the truth about Optimeyes, time to come clean Tory Toff Lord Willetts

Spotting misleading and deceptive RNS statements made by technically insolvent AIM listed ramp Verditek (VDTK) is like shooting fish in a barrel. The skill is in finding one that is demonstrably true! Given that the company needs a placing pronto to avoid bankruptcy, AIM Regulation and the FCA should be investigating all its statements made via RNS to establish if ANY are true, given how many pre-placing lies I have unearthed. So here is yet another one… Optimeyes.

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229 days ago

Tom Winnifrith Bearcast: Bravo! David Lenigas tells the truth about dishonesty at the bottom end of AIM

I have been distracted today as you can see HERE. In today’s podcast I cover Wishbone Gold (WSBN) and Big Dave’s honesty. I look at [email protected] Capital (SYME) and its latest dishonesty, Cineworld (CINE), Biome Technologies (BIOM)  and at Versarien (VRS).

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230 days ago

Tory Party Bulletin Board Moron of the week: Verditek mug natch. PS I am not a banana

I have now proved beyond any doubt that technically insolvent Verditek (VDTK) has misled investors grotesquely during five separate fund raises. If AIM Regulation was not staffed by such poltroons the shares would already be suspended. They may still be. So what does that say for the integrity of the man at the helm, the chairman Tory Toff Lord David Willetts?

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240 days ago

BREAKING: Innovate UK – more taxpayer cash sent to a fraud: Environmental Recycling

The criminal way that taxpayer cash is handed out by Innovate UK to companies that are either undeserving or can raise cash from share issuances in the private sector will, in the end turn out to be a scandal running into the hundreds of millions of pounds. Yesterday I exposed the £4.6 million, wholly unjustified, spunk on Haydale Graphene, today I flag up £117,377 dished out to a total fraud, Environmental Recycling Technologies then listed on AIM.

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242 days ago

Verditek issues more confetti but for what PR exactly? Meanwhile what has happened at BBR?

Can there be any more red flags fluttering over laughable AIM Company Verditek (VDTK)? You bet there are. First up is today’s news of a share issuance for PR services. What PR you say? Exactly.

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242 days ago

Explosive: Verditek: High grade Tory sleaze and more damning evidence of fraud

I have already demonstrated that AIM listed Verditek (VDTK) misled investors in a material way with regard to phantom orders ahead of placings in September 2019 and March and May this year. But this now gets far worse and AIM Regulation/The FCA needs to step in at once. Let’s start with the high grade Tory sleaze.

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244 days ago

Interims from Verditek show the lying mothers are more or less insolvent

Welcome Lord David Willetts to the world of turd polishing on the AIM casino and your first interim results at Verditek (VDTK). It’s time for some more share ramping and lying to investors as you guys really do need a bailout placing asap.

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251 days ago

Limitless Earth – AIM’s worst FD strikes again with accounts that are sheer fantasy

Limitless Earth Plc (LME) has published its annual report for the year ended 31 January 2020 which was approved on 30 July 2020.  Readers might recall in my previous article I called out a number of issues with respect to the accounts as prepared by Nilesh Jagatia a man who is, without doubt, the worst FD on the AIM Casino. And the competition for that title is truly intense.

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253 days ago

Warren Buffett: An appreciation

This piece comes from management consultants McKinsey. Thanks to comrade Jim Mellon for sending it over. It serves as a simple reminder of keys to successful investment. The section on bad management is something many AIM gamblers might wish to ponder.

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264 days ago

Reach4Entertainment – shocking forced disclosure of potential windfall AFTER massive CEO share buying & what about his bonus?

With its hand forced by media reports, Reach4Entertainment (R4E) has been forced to admit that it could be set for a material cash windfall, but this comes only after the CEO of the soon to de-list AIM company, Marc Boyan, has engaged in massive share buying. It gets worse.

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265 days ago

Directa Plus is insanely overvalued but does that mean its shares will fall?

An early morning tweet comes to me from an investor in Directa Plus (DCTA) suggesting that, although the share is speculative it is “under the radar screens of AIM tipsters” and insanely cheap. At 83p the Italian-run company is valued at £51 million so I suspect it has already received a good bit more than zero coverage.

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273 days ago

R4E – shareholder screwing by Wray, Potts & Management - reasons to despair of AIM No 67

On June 29 this year, just over a month ago, the management of Reach4Entertainment (R4E) told us that despite the lockdown of the London and New York theatres it serviced, it was sitting, as a result of prudent cash management, on net funds of £12 million – almost thrice the market cap. Today, 5 weeks later, we are told the company is leaving AIM and worse is to come. Shareholders, you are being screwed by management and big shareholders such as fund manager Katie Potts and Nigel Wray.

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276 days ago

EXPOSE: Another AIM scandal involving a Tory grandee, Verditek – why is this not slam dunk securities fraud?

Shares in Verditek (VDTK) have been pumped up to 18p, capitalising it at £52 million, on the back of supposed order wins. But this company is a serial liar in that regard, its finances are shot so why does anyone buy into the nonsense?

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278 days ago

Xtract resources – what on earth is going on? Is this the worst career start in AIM History?

I speak as a shareholder and a supporter but this is quite literally insane. The company has appointed Alistair Ford, who works for paid for stock promoters Proactive, as a director. And this is where it gets bizarre. Ford has given an interview to the Sith Lord Zak Mir,

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280 days ago

AEX Gold lists on AIM because, of course, it will be different this time... Not!!!!!

Up in the high woods of Montana, just below the snow line, today’s listing of AEX Gold (AEXG) will surely cause stirrings of unrest for our in house gold loon Nigel Somerville. Or maybe a grizzly has eaten the wires to Nigel’s satellite dish and he is blissfully unaware of today’s events.

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286 days ago

Is gold a bubble?

Finally, the deadwood press is starting to notice that gold is reaching nominal record highs while silver is racing ahead. Admittedly, silver still has a way to go to catch up gold in terms of relative historic underperformance. As I revealed this week, David Lenigas is planning to launch a gold shares investment company on AIM. That the old charlatan has moved from pot to gold tells you where the action is at.  But is this a bubble, as was pot? We called the pot bubble, is it time to start lining up your gold shorts?

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293 days ago

The share rampers love in, the great Lenigas & Akers bromance

It is kind of sweet. The love big David Lenigas has for his fellow share ramper Chris Akers. Today it is Pires Investments (PIRI) where the dynamic duo are at play. the UK’s top rampers of AIM listed dross are at it again.

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296 days ago

Video: The Real Crash and How to Hedge with Triple-Digit Silver

Analyst Jeff Clark warns us all that investors should be sceptical of mining companies’ claims because they will always place their best foot forward. Ha ha! I guess he has heard all about AIM.

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296 days ago

The strangest beast on AIM that you’ve never heard of

A Hat-tip to B for alerting me to a company I have never heard of. The strangest beast on AIM is not a beast at all; it’s a wounded animal that went into the COVID-19 crisis leveraged long emerging market currencies and equities. It’s a wounded animal that you’ve probably never heard of: APQ Global Limited (APQ).

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299 days ago

EXCLUSIVE: EXPLOSIVE DOSSIER- £200m AIM darling Manolete could see shares collapse by two thirds!

This work is not mine. The author craves anonymity but the dossier below is excelllent, detailed and makes a compelling bear case for a darling of the AIM Casino. The author wants the work to see the light of day and so wishes it to go out in my name. If the company has any objections or wishes to get bully boy lawyers involved, it can direct them to me. We will see the bitchez in court! Enjoy. This is devestating.

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302 days ago

Tom Winnifrith Bearcast: Crazy, crazy, crazy world

Maybe I should just listen to old Malcolm Stacey and buy all the shit on AIM and watch it roof it. What a crazy world we live in. In today’s bearcast, I cover [email protected] Capital (SYME), Eurasia, EUA, Trafalgar Homes (TRAF) and dodgy Chris Akers and Manolete (MANO). This weekend I shall abandon my gardening and record the first 10 hours of video for MineProphets – remember to book your seat HERE..

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313 days ago

Why is Eurasia still suspended: letter to morally bankrupt Nomad SP Angel & the Oxymorons at AIM Regulation

The continuing suspension of Eurasia Mining (EUA) makes no sense at all, at least not without another statement from the company on why it is still suspended. What is happening now is in clear breach of AIM rules. Thus an upstanding and concerned citizen who is, I believe, short of the shares though that is irrelevant has written to morally bankrupt Nomad SP Angel and the Oxymorons at AIM regulation, demanding that rules be adhered to. The letter is below:

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317 days ago

If you cant do, teach: Philip Letts of Blur infamy goes into executive coaching

Blur Group (BLUR) floated at 82p and half a decade and a name change later delisted from the AIM casino at 0.23p. In its five years of AIM casino infamy led by CEO Philipl Letts and his ghastly Mrs, Kara Cardinale, who was the Chief Delivery Officer, it was slammed by the FRC for dodgy accounting, had numerous lack of profits warnings and bailout placings and was a case study in value destruction. As a reminder here is the track record during Letts’ tenure as CEO

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318 days ago

Massive new bear dossier on AIM "darling" Elecosoft

A new research house specialising in AIM stocks launches today with a damning 100+ page report on Elecosoft (ELCO), a darling of the Casino. Shares in this company are rated highly by Stockopedia (always a red flag), and are being pushed aggressively to retail investors via outfits such as Vox. But the report from Ciphersense Research is damning. Related party deals, uber aggressive accounting, shocking corporate gvernance, executive greed, a rotating door of FDs, pointless acquisitions, failure to file subsidiary accounts. All is exposed.

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318 days ago

Avacta: more non news on the Covid horse that has already bolted ahead of more spiv selling tomorrow

With shares in Avacta (AVCT) ludicrously overvalued at 138p the company rightly fears that when the second tranche of stock from the recent placing at 120p is admitted to the AIM Casino tomorrow there will be a line of folks wanting to flip. What to do? Of course, get your evil morally bankrupt PR spinners at Yellow Jersey to issue complete non news and make it sound exciting. Heck Yellow Jersey managed to persuade suckers to pile into mega and obvious fraud Frontera (FRR) so they can push any shite uphill. For a while at least.

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321 days ago

Tom Winnifrith Shareshow No 4: Well over two and a half hours of David Bramhill of Union Jack, Nigel Somerville on gold and 4 gold stocks to buy & also the red flags at Diversified Gas

And now from Wales, by just 30 yards, it is my new, I hope, weekly show. This costs 99p per episode, and you can either listen or watch very sparky interviews with our in-house gold guru Nigel Somerville on why you must be in gold and on the stocks or ETFs to own to maximise your bull market gains and with Union Jack Oil (UJO) boss David Bramhill, the most underpaid oil CEO on AIM. I also serve up a red flag-spotting session with reference to Diversified Gas & Oil (DGOC). You can access the show HERE


To watch the third show featuring oil bear Peter Brailey, Skinbiotherapeutics boss Stuart Ashman (a stock I think is a 20 bagger), and myself on why Intu and Amigo are both zeros go HERE


To watch the second show featuring bear raider Matt Earl on Boohoo and First Derivatives, CEO Aidan Bishop of Bluebird Merchant and BigDish, and myself on why Purplebricks is doomed go HERE


To watch the first show featuring bear raider Lucian Miers, mining boss Colin Bird, and myself with a devastating expose of Novacyt (NCYT) go HERE

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323 days ago

Tom Winnifrith Bearcast: the answer to too much debt cannot be even more debt

I start with two points of order on my next premium podcast (out later tonight) and on July 18 ( more details tomorrow). Then I look at Walcom (WALG) and lessons learned, Tomco (TOM) and lessons not being learned as who gives a flying wotsit about criminality on AIM, and at Cineworld (CINE) where there are four reasons to stay short.

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325 days ago

On the buses for some insider dealing breaching activities on Gunsynd

Hat tip to reader Steve for this remarkable tale involving a breach of the insider dealing laws and AIM listed Gunsynd (GUN) one of the kennel of dogs associated with Aussie share ramper Big Dave Lenigas. I have known Steve a long time and he is no fantasist. Enjoy.

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325 days ago

Has Ed Croft's Stockopedia just served up the very worst BUY call in stockmarket history? Timing is everything

No I am not referring to Ed’s stock picking system concluding that the Quindell (QPP) fraud was one of the 10 cheapest shares on AIM. Nor am I referring to it rating the fraud Globo (GBO) as a 92/100 BUY.  Or to thirsty Paul Scott using the Stockopedia system to serve up classic buys like IQE (IQE) and TrakM8 (TRAK)  This gem from the Stockopedia stock picking system is an even worse call and in fact possibly the worst stock call in history.

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328 days ago

Tom Winnifrith Bearcast: Eric Platt a snotgobbler in short trousers from the FT vs Warren Buffett

I start with a few words on the hard working, courageous and heroic teachers. Then it is Barry the Tit from Turner Pope who cannot read and insults the professionalism of Gary Newman but raises a wider point about how AIM and brokerages operate. Barry is a tit but I regard his employer as Best of Breed although if I had my way the breed would not exist if the Casino was run according to new rules I suggest. Finally a look at the idea from Eric “snotgobbler” Platt of the Financial Times that the greatest living investor, Mr Warren Buffett, might be past his sell by date.  Hat tip on the last point to Jim Mellon.

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329 days ago

Tom Winnifrith Bearcast: time for Oxford University to right a monstrous wrong, my 2:2

I start by mentioning this stunning piece by my hero Jordan Peterson. Then how Oxford University must bump up my degree as I feel sad. then onto the issue of excessive AIM pay with the case study UK Oil & Gas (UKOG). The crowded precious metals trade is next with reference to AIM dog Alien Metals (UFO). Finally I look at the piss poor excuses of two companies late with their annual report: Fastjet (FJET) and ShareProphets Limited.

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333 days ago

Bring it on Zaza you crook go ahead and sue me – Bulletin Board Morons in denial, Malcolm Graham Wood exposed again

Yesterday I posted up court documents showing the extend of the fraud at Frontera Resources (FRR) the company slung off AIM after serial lying, which now has no assets, no cash and owes millions to its lawyers, former partners and suppliers. You would have thought that those dumb poltroons who ignored my serial warnings and still own the shares would have recognised that the game is up. But no.

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334 days ago

Explosive: the Legal document showing how Frontera Resources defrauded investors for years & the chatroom morons threatening me with violence for exposing it

The judgement which I publish in full below from the International Arbitration Court is damning. For those, such as scumbag PR advisers Yellow Jersey, the whore blogger Malcolm Graham Wood and Nomad Cairn which, for years, helped the, formerly AIM listed,  FRAUD Frontera Resources (FRR) to raise millions of pounds from mug punters, it is document demonstrating their wholesale moral bankruptcy. Those involved continued to push the shares even AFTER I had shown the company to be a fraud run by liars.

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337 days ago

Tom Winnifrith Bearcast: Happy Birthday Big Nose & Aunt Lucy

It is also the D day anniversary and as some folk gather in London to “fight fascism” by attacking the Police. I spare a moment to remember those who really did fight fascism. I will soon starting on a 25-30 lap walk around the Welsh Hovel. that is 25-30 * 1,185 metres. my last big training walk for Woodlarks. It is raining and the wind is up so think of my suffering and for the vast bulk of Bearcast listeners yet to donate please give a tenner or more to help Woodlarks survive HERE. Ed Croft’s Stockopedia lists the top ten AIM stocks to buy including Fevertree, Boohoo and Pan African. I discuss a few issues with such models.

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338 days ago

The SP Angel Skinbiotherapeutics scandal – it gets far worse for the disgraced broker

Yesterday I explained how Optibiotix (OPTI) has sold 4.5 million shares in Skinbiotherapeutics (SBTX)  on Friday, a trade yet to be announced but where the buyer is clearly already selling. But this scandal is, I believe far, far bigger and should be enough to see SP Angel cold shouldered by the AIM Community.

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338 days ago

BooHoo I take it all back - I can't see any reason to hold

In yesterday’s bearcast I discussed why Boohoo (BOO) did not move from the AIM casino to the main market. Some interpret this as me saying the shares are a buy. Au contraire on a PE of 60 the risk reward trade off looks dreadful.  Yesterday i recorded a video with Boohoo’s greatest critic Matt Earl and that should go live within 24 hours and that will, I suspect, raise many more questions that bulls cannot answer. Now the Sunday Telegraph brings news of US legal action and I publish the Ciurt filings in full below. Ouch!

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338 days ago

BREAKING: Tom Winnifrith yet again commended by regulator: The FRC thanks him on Diversified Gas & Oil

Here is another commendation for me for my pig ignorant critics on the Bulletin Boards and supporters of fraud to ignore. One day, maybe even Roger Lawson and certain thirsty share bloggers from Brighton might actually be forced to admit that the folks who matter not only respect my work but act on it too. This tme it concerns what was the largest oil company on AIM before it moved to the main market, Diversified Gas & Oil (DGOC). I complained about its accounts, the FRC thought I was correct and forced Diversified to make changes. The letter below makes that clear. Ouzo for the Sheriff of AIM tonight methinks.

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349 days ago

Bidstack – surely statement needed NOW as its 4 days from tits up time

AIM listed POS Bidstack (BIDS) ended 2019 with £3.1 million cash but burning it at a rate of almost £750,000 a month. It has already admitted that its revenues in H1 2010 will be as they were in GH2 2019 minimal. Even its lame paid for researcher admits that it will be out of cash by the end of May. Well chaps, it is now May 26. You have 4 days…

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353 days ago

Tom Winnifrith Bearcast: So it will be 50 laps of the fields as I struggle with the share dealing timeline at AJ Bell

Myself and some friends from here, the last village in Wales, walked the track around the 3 farthest fields at the Welsh Hovel and it is 1.1 kilometres long. That means that on June 13 I shall walk the circuit 50 times exactly raising the money Woodlarks needs just to survive into 2021. Today I did three laps as I faced a busy day. Tomorrow it will be ten. Please donate a few quid today HERE. In the podcast I consider in long detail the timeline of major share dealings at AJ Bell (AJB) which just does not look right to me. There are a stack of questions going begging. Then it is onto Eurasa (EUA) and what will happen on Friday. Will SP Angel again show that it will act for anyone or will AIM Regulation wade in to ensure Eurasa is booted off the AIM Casino? I discuss that matter in detail.

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353 days ago

Eurasia - will it be booted off AIM on Friday and is it worthless anyway

If morally bankrupt Nomad of choice for fraudsters SP Angel has not agreed to act foir it by Friday, Euasia Minining (EUA), whose last Nomad quit in disgust at Eurasia’s antics, will see its shares slung off the AIM casino. I wonder if even SP Angel might find acting for this company, valued at suspension at a ludicrous £200 million, a step too far.

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358 days ago

Tom Winnifrith Bearcast: Maybe this time the odious bullshitter O'Leary is right

In today’s podcast I look at the pronouncements from the odious leprechaun at Ryanair (RYA), Michael O’Leary. He may be right in what he says but that is no reason to buy airline shares. Then I cover Corero (CNS), Open Orphan (ORPH), where I am both vindicated after Friday’s letter to AIM Regulation and also a seller of more shares today, Novacyt (NCYT), Collagen (COS), Falanx (FLX), and Bidstack (BIDS). Thanks to those who have donated to Rogue Bloggers for Woodlarks but most of you have not yet! Please do spare a few bob as the campsite needs our help urgently if it is to make it to 2021. Donate HERE

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361 days ago

Rampers of a feather stick together, Dave Lenigas blows off Chris Akers on twitter

On Saturday in my main stage AIM rogues presentation David Lenigas and Chris Akers both featured prominently. Big Dave is a shareholder in Pires Investments (PIRI) a stock that was my tip of the year but where I suggested banking gains as it now trade way above fair value. Chris Akers has today announced that he has taken his stake from 3.1% to 6.1% and Lenigas almost wet himself with excitement as he tried to tweet the news out asap, as you can see below. Caveat emptor:

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361 days ago

Tern – six more red flags and another email from Lloyd Leckerman

Tern (TERN) shareholder Lloyd Leckerman argued in his fan mail of yesterday that I penned an article on his beloved POS AIM stock every day. Not to disappoint Lloyd I serve up six more red flags for him to ignore. But first…

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363 days ago

San Leon Energy - is this the most gutsy director buy ever seen on AIM?...

Last week I interviewed Oisin Fanning, the boss of San Leon Energy (SLE) for a video for the ShareProphets shares show which you can see HERE. It was utterly compelling and on May 6 I put 8% of my pension into the stock, something I discussed in my main stage talk on AIM Rogues, at the show, HERE. There has now come a bombshell…

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363 days ago

An open letter to 40 AIM CEOs – you just cannot screw private investors this time

With share prices on the up but earnings & transaction visibility almost nil every CEO should be considering a fund raise. It would be irresponsible not to do so. Yet most of them are prepared to do so in a way the needlessly screws private investors. This cannot go on. I have today written to the CEOs of 40 companies. The letter follows


If you are doing a placing this year I may no longer be able to consider supporting your company if you exclude private investors


To: 40 AIM CEOs
cc Primary Bid

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363 days ago

BREAKING: And here is why Catenae is worthless – its Covid project is a nothing

Over the weekend I showed why the financials of Catenae (CTEA) made it the most worthless stock on AIM. But some folk think I ignore the Covid-19 project it is working ion. Au contraire, as a fascinating press release arrives in my in-box today I do not ignore the Covid hoo-hah I call, it out as a worthless promote.

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363 days ago

Catenae Innovation: is this the most insane valuation on the AIM Casino?

At the half year ended 31 March 2019, Catenae (CTEA)  had net liabilities of £389,980.  After adding the net loss for the second half of £287,330 (based on unaudited full year loss of £789,565 less half year loss of £502,941 and extrapolating the loss for another 7 months to end of April 2020 of £335,000 (based on 2nd half year run rate) results in net liabilities of £1,022,310.

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364 days ago

BREAKING EXPOSE: More wickedness in the garden of Eden Research it is TerpeneTech again on the naughty step

Eden Research (EDEN) published its final results for the year ended 31 December 2019 yesterday. They were dire. But that is not the issue that regulators should be looking at long and hard as they question whether this company is fit to stay on the AIM Casino.

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364 days ago

Tom Winnifrith Bearcast - The dirty dirty dirty dog of an AIM shell that is Anglo African Oil & Gas - insanity runs riot

Among others I interviewed this morning for Saturday’s ShareProphets Shares show was Luke Johnson. It was another cracking video which I reflect upon. Suffice to say with 85% of the content now on tape it will be a great event so get your ticket now HERE. I look in today’s podcast, inspired by Luke, at commercial property including Hammerson (HMSO) and Into (INTU) and how this all plays out. It is not quite as you may think. I also look at Catenae (CTEA) and the utter insanity at Anglo African Oil & Gas (AAOG).

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364 days ago

Tern Plc – at least 50% overvalued even if you believe its stated NAV ( which I don’t)

Nigel Somervile HERE and myself HERE both took apart yesterday’s ludicrous and dismal results announcement from AIM dog Tern (TERN).  Neither of us believe its NAV is real but even if you are credulous enough to swallow that canard the shares should surely be 50% lower. Here’s why.

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377 days ago

St James House Plc – will the £500,000 arrive tomorrow?

On 31 January 2020, long time AIM uber dog St James House (SJH) announced that a new investor was going to subscribe for 1,666,667 shares at 30 pence per share to raise £500,000 in exchange for a 29.9% shareholding in the Group subject to approval to issue additional shares at a General Meeting.  All conditions to approve the share subscription were approved at the General Meeting on 28 February. 

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378 days ago

After 4 letters from myself to the regulator, disgraced Bidstack is Forced to admit to lying again

Since April 17 I have written to AIM Regulation and hapless Nomad Mark Brady of SPARK four times about the latest big lie to investors told by Bidstack (BIDS). At 4.20 PM on 27th April came an RNS ‘fess up but I smell no contrition. This is a company with a culture of deception. But without ShareProphets it would have got away with it.

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380 days ago

Tom Winnifrith Bearcast: The prick that will burst the Novacyt, Avacta and other Covid test bubbles has arrived - timber!

I start with the defamatory and anti semitic blog attack on me from Bidstack (BIDS) owning loon which I rebutted yesterday HERE. I have now identified the author who is not as “she” claims a female investigative journalist but is a male Bulletin Board Moron. I shall expose his identity and also his close social media links to Bidstack boss Lyin James Draper, which “she” has been trying to hide this weekend, later. When, I wonder did “she” last swap ideas with Lyin’ James? Then I look at the prick which will burst the Coronavirus testing bubble on AIM. If you own shares in Novacyt (NCYT), Avacta (AVCT) or any of the other Covid test plays watch out! Finally, I am in despair at smug Sam Smith of FinnCrap (FCAP), La Horlick and various other women determined to see taxpayers cash spunked by Rishi Sunak on gender quota lines in his start up bailout scheme. This is insanity laid upon insanity. There is no such insanity at the ShareProphets Shares Show. I am busy making recordings for it every day now, please do book your seats for May 9 HERE

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380 days ago

Want exposure to a Neil Woodford AIM dog? Today’s Primary Bid Offer closes at 3.30 PM but Cheryl Cole shows the way

With olther folks cash, Neil Woodford was a big fan. The company has missed all its targets to date. Even now, having belatedly slashed costs, Xeros (XSG), the company founded to disrupt the world of washing machines, does not expect break even until Q2 2022. What could possibly go wrong? I reckon there is more chance of me shagging Cheryl Cole by Q2 2022 than of this company reaching breakeven by 2022 but we shall see. Anyhow if you are tempted, not by Cheryl – that is a given – but by Xeros here is your chance.

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383 days ago

A personal letter to the head of AIM Regulation Marcus Stuttard re Bidstack and investor deception

I have now written not once but twice to the Oxymorons at AIM Regulation regarding the misleading RNS Reach issued by Bidstack PLC (BIDS) on Friday 17 April. The Oxymorons and indeed hapless Mark Brady at Nomad SPARK have yet to respond. So enough of monkeys, I have written directly to Marcus Stuttard, head of AIM Regulation, as you can see below.


To Marcus Stuttard.
cc clueless Nomad Mark Brady at SPARK


Re Bidstack PLC & the misleading RNS Reach of 17 April

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384 days ago

Nostra Terra – deceiving investors with a misleading RNS yet again?

I am not sure how Nomad Strand Hanson managed to sign off on today’s misleading RNS from Nostra Terra (NTOG) but maybe we have all just come to expect that Matt Lofgran et al are just allowed to say whatever they wan t with no comeback. This is the AIM casino after all.

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385 days ago

Another letter to AIM Regulation re Bidstack - time to suspend the shares

The Oxymorons at AIM Regulation and hapless Nomad Mark Brady at SPARK have yet to reply to my letter of Saturday about Bidstack (BIDS), the almost bankrupt company led by Lyin’ James Draper which, I believe, (again) deceived investors last Friday. so I have penned a follow up missive. Surely the time has come to suspend the shares. The letter is below.

To: AIM Regulation
cc: Hapless Nomad Mark Brady at SPARK

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386 days ago

BREAKING: New explosive Gabriel Grego dossier - Akazoo, InternetQ as was, is a total Norfolk, has to be a zero!

The latest dossier from Gabriel Grego is damning. I believe he has spotted a nailed down fraud that will go to zero. Grego is presenting in New York this afternoon  and of course at the ShareProphets show on May 9 -  but the dossier is below. We are mentioned at the front of Grego’s dossier for exposing this as a fraud four years ago when it was known as InternetQ (INTQ) - as you can see HERE  . Our work saw the company delisted from AIM with management and Martin Hughes of Tosca Fund taking it private. They then renamed it Akazoo and relisted it in the US. Gabriel shows the company is still a total fraud. Enjoy. 

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389 days ago

Tom Winnifrith Bearcast: Do not celebrate my Optibiotix humiliation too much & the murky uber ramp at AAA

I start with a note on Bidstack (BIDS), which I shall be taking up with AIM Regulation over the weekend and end with Future (FUTR) which needs to issue a profits warning. In the middle I go therough the very murky tale at AIM listed All Active Asset (AAA) which sees uber ramper Chris Akers in action and Peterhouse Corporate Finance boss Peter Greensmith make a £768,000 killing in his private vehicles while acting as broker and pulling the strings at AAA and also acting as broker to suspended AIM stock Asimilar which is involved in this strange tangle. Then it is onto Optibiotix (OPTI) and a small placing. But this is not a bailout as Cynical will no doubt claim but,possibly a gateway, to a mega re-rate as I explain.

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398 days ago

Only On the AIM Casino … just carry on trading shares in a company that doesn’t exist anymore: Goldstone Resources

Oops… this is more than a bit embarrassing for Goldstone Resources (GRL), its boss Ms Emma Priestley, hapless Nomad Strand Hanson and indeed the wider AIM Casino, aka the world’s most successful growth market. Shares in Goldstone were suspended at 1.30 PM as it appears the company does not actually exist and has not done so for half a year.

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400 days ago

Tim Kempster beats me to it: Letter to AIM Regulation & FCA re Versariens' shambles of an RNS today & Neill Ricketts share deals

As I noted earlier, the RNS issued by Versarien (VRS) is a shambles and opens up all sorts of questions about share dumping by boss Lyin’ Neill Ricketts last April. I was set to contact AIM Regulation and the FCA about it but it seems that valiant Tim Kempster has beaten me to it. The Regulators really do need to act on this at once. Tim writes

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402 days ago

Tom Winnifrith Bearcast: Now really is an ideal time to talk about FTSE 350 and also AIM executive greed

I start with a swipe at the failings of the deadwood press and the behaviour of the soccer Premier League. More on the former in a podcast on my own website later this weekend – a promise for comrade Euro Loon Jonathan Price. Then a look at Debenhams whose demise I regard as a silver lining from the Covid 19 cloud. I think Zombie firms should all perrish. But the main part of this podcast looks at Executive Greed and with firms asking either investors or the taxpayers for a bailout now is an ideal time to lance this boil. 

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405 days ago

Limitless Earth – yet more evidence of the utter incompetence of Nilesh Jagatia

Limitless Earth (LME) is an AIM casino listed investment company which employs Nilesh Jagatia as its part chief financial officer at rate of £24,000 per annum.  By CFO standards this is a pretty low amount but based on our findings below Limitless shareholders are being overcharged. After all, there is compelling evidence we have provided, over many years, that Nilesh is the worst CFO in London.

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405 days ago

BREAKING: Tom Winnifrith accepts top job at AIM Regulation: Show Me The Money

I am afraid it is true. I have today, April 1, given three months notice to ShareProphets as I have accepted an offer from the London Stock Exchange to head up a new unit tackling fraud on AIM.  I cannot lie, I am doing it for the money. Marcus Stuttard has been remarkably honest in today’s release announcing the hire.  The head of AIM regulation says:

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406 days ago

Tom Winnifrith Bearcast: More red flags than flutter on Jeremy Corbyn's bedroom wall

I start with a look at dividends in general and why they should be cut or axed but I discuss  as per today’s most excellent article from Chris “Three Brains” Bailey  Imperial Brands (IMB) and Shell (RDSB) in particular. I am tempted to buy both becuase i think their shares will go up AFTER an inevitable dividend cut. I discuss what a moron Jeremy Corbyn is and my anger at an Oxford institution wanting Government cash. I look at Zenith Energy (ZEN) wondering if it has found more fake sheikhs drawn to the AIM Casino and also at AIQ (AIQ) – which continues to amuse.

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406 days ago

Big Sofa - to leave AIM, is it game over? 3 End Games

There are three scenarios here of which one is that Big Sofa (BST) goes bust and we shareholders lose everything. If that happens I will apologise again for a bad tip as I apologise now for what has happened. I am sorry. If it is any consolation, if this goes to zero I am kissing goodbye to £37,000. But that is not a given…

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409 days ago

Tom Winnifrith Bearcast: is Big Sofa fecked and why - after 4 years of losses - Virgin really should be

Two house keeping matters. First please send Darren pictures of the view from your window & your work space during the lockdown to provide a daily distraction. Darren has kicked off the series with a snowy scene from his Canadian bolt-hole HERE.  Second please do offer nominations for the rogue AIM & Standard List directors. If you are afraid of libel just nominate a name & company and Nigel and I will do the rest in a song & dance presentation on May 8. Details and nominations are HERE. In today’s Bearcast I look at the demise or otherwise of Carluccio’s, Virgin Airlines and Big Sofa (BST) and perhaps of the AIM casino itself. 

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410 days ago

The Top 20 Rogue Directors on the AIM Casino & Standard List – Nominate now!

I shall start the ball rolling with one nomination but feel you may be able to assist in compliing this list & the best nomination wins the usual prize to be sent one day. I seek men and women who are not only incompetent but also palpably dishonest, demonstrably using shareholders cash for theor own purposes or telling blatant lies to investors. A true Rogue director should be a serial offender & must still be a director or CFO of an AIM or Standard Listed company. So please nominate now with a name and the reasons why in the comments section below. I kick the process off by nominating…

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410 days ago

Octagonal Plc – Nilesh Jagatia’s latest accounting fiasco and the cover up

Octagonal (OCTCFO’s is Nilesh Jagatia a strong contender for the worst CFO of an AIM company. No I lie. As we have demonstrated over and over again, he is not only useless but, almost certainly, bent as well.

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413 days ago

Neill Ricketts of Versarien takes to social media to tell lies again – how can AIM tolerate this?

Canaccord quit as Nomad to Versarien (VRS) partly because of the social media antics of its CEO Lyin’ Neill Ricketts. Obviously, new Nomad SP Angel does not care about that as it was happy to act for proven fraud MySquar (MYSQ). Do John Meyer and his cronies have any standards at all? And how will AIM Regulation take Neill’s latest lies

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414 days ago

Optibiotix - new distribution deal & share price comment, Strong Buy

The prices of all AIM stocks are now essentially a binary bet. They are either 100% overvalued as they will go bust or, having collapsed, are fundamentally incredibly cheap as they are not going bust whatever the share price says. Optibiotix (OPTI) is very much in the latter category. I accept folks are panicking generally or they are facing margin calls elsewhere and have to sell shares to meet them. That however is not what will drive the share price in the long run…

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420 days ago

G3 Exploration – it is what it DOES NOT say today that is the killer!

Insolvent AIM dog G3 Exploration (G3E) promised us, on February 7 that it would have news for us on 13 March. The news came today and it is not was NOT said that is the killer. Good news travels fast, bad news is delayed. The shares have crashed  40% to 10p mid but a 20% spread tells you this is uninvestable. The target  for a company I first exposed with the bloody dossier at 260p  remains 0p.

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420 days ago

Ex AIM casino posterboy Gate Ventures goes bust: £24m questions for Fergie, Lord Grade, Fatty Cornish & others

It was slung off the AIM Cesspit after just a few months back in 2015 but not before Roland “Fatty “ Cornish, London’s worst Nomad, had made a killing from listing fees and cashing in warrants and dumping shares. Now the company has gone bust … readers of this website cannot say that they were not warned that this would end in tears.

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420 days ago

Tom Winnifrith Bearcast: did you hear all those bubbles (we warned you about) bursting?

In today’s podcast I talk about the sell off and discuss the shape of the recovery that will happen in the real economy and in equities but warn against optimism on the rate and timing of that recovery. I look at Restaurant Group (RTN) which, again, I warn is a disaster waiting to happen, then at various bubbles that have burst  in the past few weeks including bitcoin (ha Dominic Frisby take that!) cannabis, junk bonds and AIM shite and discuss a few companies in those sectors. I also clarify a point on bailouts for the benefit of NoGold.

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427 days ago

BREAKING: Tern – more Ouzo for the team as a massively scaled back placing is announced at just 6p. Keep selling!

Oh dear, oh dear, oh dear. AIM-listed jam-tomorrow (if ever) Internet of Things investment company Tern (TERN) has announced a placing at just 6p to raise just £0.8 million as predicted HERE to keep the lights on as its auditor is surely raising going concerns. That is a whopping 22.6% discount to last Friday’s close and 35% down on my tip of the year to sell when the shares were 9.25p. But there is more….

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427 days ago

Tom Winnifrith Bearcast - oil price and coronavirus disasters ahead

In today’s podcast brought to you from Shipston I look at the oil price and what it means for a range of oil shares from the majors down to shitty little oil explorers on AIM. I then return to the coronavirus ex oil and with especial reference to Telit (TCM), Cineworld (CINE) and The Restaurant Group (RTN).. Finally I look at the proposed comeback of disgraced Neil Woodford.

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428 days ago

Diversified Gas & Oil results Monday – is something horribly wrong?

On Monday, the largest oil company on the AIM Casino, Diversified Gas & Oil (DGOC) will announce annual results and give us an update on its proposed move to the Main market. The shares were 126p back in June when Oarfish Research kicked this off with a stunning four part dossier which has been followed by a series of accounting exposes on this website. The company is clearly in breach of IFRS and I have reported the company to the FRC, so what is happening. The shares are now 76p.

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428 days ago

The AIM Casino – February 2020 the decline in market numbers continues

AIM has released its market statistics for the period to the end of February 2020 and this saw the number of companies reduce from 851 to 847, a modest net reduction of 4.  Two new issues raised £23.5 million. The run rate of new issues in monetary terms continues at a much lower rate than last five years average monthly new issues and this includes the poorly performing 2019. 

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431 days ago

Tom Winnifrith Bearcast: 5 weeks to save Bidstack with a bailout placing

In today’s podcast I look at the overall market bloodbath asking whether we see capitulation and a buying opportunity or if things could get much worse. I look at Bidstack and the speed at which it must complete a bailout placing, at Blue Jay Mining (JAY) and the antics of its disgraced Nomad and broker SP Angel, at Versarien (VRS) and the true import of today’s free podcast and finally at AFC Energy (AFC) one of the most overvalued stocks on AIM.

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431 days ago

BREAKING Versarien’s Neill Ricketts tells another lie as he prepares to break podcast cover: placing ahoy

The FCA and AIM Regulation are now looking Neill Ricketts claim to have sold shares to fund the building pf a laboratory at a school which has not built the lab and claims a much smaller sum is NOT coming from Neill persobnally. While the regulators deal with that act of market abuse here is another twitter lie from Ricketts.

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432 days ago

Letter to AIM Regulation: After latest Versarien revelation, share dumping Neill Ricketts not fit to be PLC director, please act now

I am not saying that Versarien (VRS) should be slung off the AIM Casino although it is a worthless POS heading rapidly for a cash crisis as it, again, runs out of other people’s money. However, the latest expose about the antics of its CEO Neill Ricketts makes it abundantly clear that he is not fit to run a listed PLC. Since Nomad SP Angel of MySquar infamy will act for any old fraud and does not care I have written to AIM Regulation, which yesterday- after communications from me – forced the company into a fourth fess up RNS in a little over a month - asking that it force him to stand down from the Versarien board.

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432 days ago

Versarien owning loons produce a chart of my obsession...

Nope, this is nothing to do with Cheryl Cole. Instead the chart below is intended to show how obsessed I am with the Versarien (VRS) car crash. The chart was published before today’s shock warning and aims to show that I am obsessed or desperate and thus to be ignored. I fear those who have ignored me are rather poorer as a result. But fear not morons, when you have lost all your money and Versarien has been booted off AIM, a then 100% vindicated Sheriff will cease coverage… meanwhile I bet Neill Rocketts is glad he sold so many shares even if he was not 100% honest about the reason!

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443 days ago

BREAKING: Eurasia is fuelling its own rumour mill – how can the FCA & AIM Regulation tolerate this?

An article has today appeared in the Russian press and has now been picked up on Bulletin Boards. It is damning evidence that Eurasia Mining (EUA) is itself the source of rumours that created a disorderly market and share suspension.  How on earth can the FCA and the Oxymorons at AIM Regulation tolerate this? Surely a statement on various rumours detailed HERE, is needed now. The sixth and critical paragraph of the article with my underline and using google translate is below.

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444 days ago

Letter to AIM Regulation: Ref Versarien & BIGT

Yesterday, for the third time in less than a month, Versarien (VRS) was forced by an article on this website and then by AIM regulation to come clean on something, this time a founder director dumping all his shares. Let’s go for a fourth win, the relationship, or lack of it, with BIGT. My letter follows.

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449 days ago

Letter to AIM Regulation & the FCA – a Really simple Versarien question for you all

Today we have the shock news that Versarien (VRS) has a new Nomad. Not a better Nomad, SP Angel is clearly massively inferior to Canaccord and this begs the question whether Versarien lied to investors on February 10. I have thus written to the Oxymorons at AIM Regulation and to the FCA with a question so simple that even they should be able to answer it.

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450 days ago

Is this the "social media" event that got shares in Eurasia Mining suspended?

Since Tuesday morning shares in Eurasia Mining (EUA) , a darling of the bulletin boards and the star performer on the AIM Casino so far this year, have been suspended. The longer the suspension lasts the more extreme conspiracy theories, both bull and bear, do the rounds. The company made one brief statement on Tuesday afternoon:

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450 days ago

Bidstack: after yesterday’s insider dealing a dreadful trading statement today – bailout placing inevitable

This is a total omnishambles clusterfuck and it is hard to know where to start. So let’s just note the strange coincidence that yesterday shares in Bidstack (BIDS) were marked sharply lower and today the company has served up the most godawful of trading statements. But this is AIM, supervised by those stormtroopers of propriety, the Oxymorons at AIM Regulation with assistance from the chocolate teapots at the FCA so there cannot have been any insider dealing.  No really. Stop sniggering at the back please.

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460 days ago

AIM – the decline in market numbers continues & the size of the uber dog tail grows in relative importance

The AIM Casino, a.k.a. The World’s Most successful Growth Market, has released its market statistics for the period to the end of January 2020 and this saw the number of companies reduce from 863 to 851, a net reduction of 12.  If you ignore Open Orphan which appears as both a new entry and a cancellation there was 1 readmission and 1 new admission raising a grand total of £7 million in new money.

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460 days ago

BREAKING Catenae: some creditors are more equal than others, how much of the £153,000 has already gone

AIM dog Catenae Innovations (CTEA ) spent the latter part of last week contacting creditors persuading them to swap sums owed for equity in a truly shite deal for those owed cash. What it did not say is that at least one creditor was given a far better deal. Some, it seems, are more equal than others.

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468 days ago

St James House: Its Doomsday Clock is at 30 seconds to midnight

On 6 December 2019, AIM uber dog St James House  (SJH) issued a trading update indicating more losses for second half of the year ending on 31 January 2020.  It also stated it was actively exploring options to improve the working capital position of the group before the end of its current financial year end on 31 January 2020 as it was working capital constrained.

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468 days ago

Winnileaks special: Vast Resources: Ex Director Brian Basham accuses Fatty Cornish of signing off on untrue statements

Oh dear, oh dear, London’s worst Nomad, Roland “Fatty” Cornish really does have a lot on his plate this morning. I refer not to his third portion of finest Manx Kippers dripping in butter, followed by a quartet of hot crumpets with lashings of strawberry jam. No, he is already in hot water over his advice to ADVFN (AFN) that it should break AIM Rules but now Fleet Street Legend Brian Basham has written to Fatty about another of his cash guzzling and worthless clients, Vast Resources (VAST) and, thanks to Winnileaks, I have that letter.

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468 days ago

AFC Energy, another spoof, the legal claim and the track record of shame

If you ask the bear community for its top 4 shorts on AIM certain companies seem to feature in almost every list….

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468 days ago

MAJOR EXPOSE: The Future House built on sand - Part 1 overstated organic revenue growth

Future PLC (FUTR)  floated on AIM in June 1999, in the midst of the dotcom bubble. It listed at 385 pence per share, raising around £173 million, and valuing the company at £578 million. Within a year, its shares had risen by more than 100%. Within 2 years, its shares had fallen by almost 95% as its investments into new magazines and web sites failed to pay-off. While revenue jumped, it began to rack up losses.

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469 days ago

Tom Winnifrith Bearcast: the battle of the devout Christian giants: Matt Lofgran vs Flip Flop Ben Turney. Praise be the Lord

All we need now is for Julie “Lingerie on expenses” Meyer to enter the bust up at Nostra Terra Oil & Gas (NTOG) and the holy row would be complete. This will be entertaining if, I suspect, utterly pointless. I also comment on Versarien (VRS) correcting a BB loon – and flag up that I have a major AIM expose of a high profile, shortable, stock going live tomorrow morning. I explain why it is so interesting. Now I am off to do a Woodlarks training walk. So far we have £6600 raised or pledged - don’t be mean donate today HERE

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469 days ago

Breaking: The advice Roland “Fatty” Cornish gave to his client ADVFN to break AIM Rules

Thanks to Winnileaks I now have in my possession a damning email sent by London’s worst Nomad, the restauranteurs saviour, Mr Roland “fatty” Cornish to his client ADVFN (AFN) advising it to take a course of action in direct breach of AIM Rules. I do not blame ADVFN for this at all but surely Fatty needs to be given an almighty bollocking by AIM Regulation for his latest crime?

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469 days ago

Letter to AIM Regulation – Versarien (again)

Two days ago Versarien (VRS) was forced by AIM Regulation, following a complaint by me, to ‘fess up that its much vaunted US “hub” was in fact an empty serviced office where nobody works. But in that ‘fess up RNS it made another claim which may or may not have been verified by the hapless Nomad, Bobbie Hilliam of Quindell infamy, now working at Canaccord. Thus, I have again written to AIM Regulation as you can see below.


Versarien, further clarification needed on its sham US Operation


To AIM Regulation
cc Bobbie Hilliam

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469 days ago

The Biggest Clown on AIM: Roland Fatty Cornish warns Brian Basham who quit last week that ADVFN might now have to sack him

It may well be that London’s worst Nomad, the Cambridge educated gourmand, Roland “Fatty” Cornish has, in between meals, invented a time machine. Or perhaps he is just not very bright but that the tutors at Pembroke College thought he was a jolly good fellow who had been to the right school and that the College VIII needed a bit of ballast in the middle? I shall leave you to decide.

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469 days ago

Tom Winnifrith Photo Bearcast: For £1000 a day I will give Fatty Cornish a crash course on the AIM Rulebook

In today’s photo bearcast I discuss ADVFN (AFN) and London’s worst and fattest Nomad, Optibiotix (OPTI), Plutus Powergen (PPG), Dods (DODS), Tissue Regenix (TRX) and Sosandar (SOS) whose antics are enough to turn a man to drink.

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476 days ago

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

Both Versarien (VRS) and ADVFN (AFN) have been forced to issue major ‘fess ups today directly as a result of my actions. I explain how both cases show just why AIM is not working at all, naming names why the Nomad system is failing you all and what happens next. And yes it is a day of fecking triumph for me and this website.

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476 days ago

Yet again Versarien forced by the Sheriff of AIM to ‘fess up to misleading investors & the love that dare not speak its name

In May of last year uber ramp Versarien (VRS) proudly announced a major US move. Unfortunately what it said was grossly deceptive and after I wrote to AIM Regulation last week it has today been forced to ‘fess up to this. Neill Ricketts is increasingly like the naughty boy sat outside the headmaster’s study almost every lunchtime hoping it is just another beating not a letter to his parents saying he must leave the school in disgrace.

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479 days ago

Good companies just do not behave like this – non financial red flags at Eurasia and Versarien

Lucian Miers and I have covered Versarien (VRS) many times, looking at the maths as to why the shares, at 79.5p having fallen back a good bit, are still monstrously overvalued. It was one of Lucian’s sell tips of the year HERE and he, and I, reckon that fair value is sub 10p.  Eurasia Mining (EUA) is another AIM casino ramp which, on fundamentals, looks to be massively overvalued. I would not be a buyer of the stock even if it fell by two thirds from the current 4p.

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479 days ago

Tom Winnifrith Bearcast: I'm sitting on a dynamite resignation letter + No Gold you are ( as usual) wrong Steve O'Hara is NOT a liar

The resignation letter from a NED at an AIM listed company is a shocker. So far there has been no RNS. If the company does not come clean on what is in the letter I shall publish in full on Monday as it opens up a serioes of cans of worms which raises far bigger scandals I suspect. I discus this at length. I also look at Plutus Powergen (PG), Zinc Media (ZIN) and in great detail Optibiotix (OPTI) where the professional cynics have got it wrong and need to apologise. I have bought more shares on the back of today’s interims and explain why.

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483 days ago

BREAKING: Victory for the Sheriff of AIM – Versarien chat room shut down

Oh dear, Oh dear.  Last week I exposed the private Discord chat room where Versarien (VRS) shareholders discussed how to leak inside information, Neill Ricketts told folks what to post on Bullettin Boards and the groupies discussed how to deal with me. Well guess what?

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484 days ago

Tom Winnifrith Bearcast: fake sheiks & Nomads in the doghouse on another day of utter shame for the scandal plagued AIM Casino

I start with an update on ADVFN’s paedo guy, then it is onto the role of Nomads on the AIM Casino, what they are meant to do and the problems they face. I look at three Nomads and their clients: Lekoil (LEK), Versarien (VRS) and Anglo African Oil & Gas (AAOG) plus I discuss Tizania (TILS) and today’s monster spoof from almost insolvent Iconic Labs (ICON).

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484 days ago

Versarien – another letter to AIM Regulation

Neill Ricketts continues to operate an almost Trappist new media silence suggesting that my letter to AIM Regulation and his Nomad Bobbie Hilliam of Canaccord about the private Versarien (VRS) Discord chat room is being taken very seriously indeed. However, over the weekend evidence emerged HERE of just how fragrantly Neill Ricketts breaks AIM Rules and so I have written again.

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485 days ago

Tom Winnifrith Bearcast: The Mail on Sunday takes dick-tation from NMC's PR guys & shall I take down ADVFN's paedo guy?

First things first. It is 6 months and 1 day to the 3 Rogue Bloggers for Woodlarks walk. I did a short train yesterday at Moel Famau of which more later. Anhow, if you enjoy bearcast please show so by donating HERE.  Thanks in advance for your support and also for the birthday wishes. As you can see in the comments section HERE there is a poster on ADVFN who seems to think he can save Versarien (VRS) by suggesting, falsely, that I am a paedophile. Normally I’d ignore such pond life but I am almost tempted to teach him a very expensive legal lesson in libel law. What do you think?  Then it is onto a story dictated by NMC Health’s (NMC) PR team to yellow journalists at the Mail on Sunday. The real import of threats against Caron Block & Muddy Waters is very negative for NMC. Finally I have a bombshell for AIM Cesspit followers tomorrow. Watch this space! 

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486 days ago

BREAKING: The scale of Neill Ricketts AIM Rule Breaking is damning – that China deal again

On 9th August 2019, following comments here and a letter to the authorities, Versarien (VRS) was forced to put out a statement relating to a twitter post a day earlier by its boss Neill Ricketts. But it gets far worse as I can reveal today.

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486 days ago

Catenae Innovation – the fat lady is about to go on stage: Keep selling - was it trading while insolvent?

Following its rather smelly announcement after hours at no-one-is-watching o’clock on December 20 which offered up nice Christmas presents to shareholders in the form of a profit warning and a statement that its financial position was weak, AIM-listed Catenae Innovation (CTEA) followed up yesterday at 12.23pm (lunchtime on a Friday, no-one-is-watching o’clock) with a further announcement that it still not agreed the hoped-for £100,000 bailout and that absent new funding it will be a trip to the corporate undertakers. Nigel did warn you but there is a bigger question……

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486 days ago

Tom Winnifrith Beacast: The cancer of private chatrooms for shameless ramping by AIM Casino bosses - will AIM Regulation act?

As I reveal that it is not only Versarien (VRS) up to no good in this respect but also Eurasia Mining (EUA), I wonder which other shameless PLC rampers are up to no good and will AIM Regulation do anything to stop an increasingly disorderly market becoming an open sewer? I look at retail shares and real estate plays on that as more evidence emerges that my very long term “avoid the lot like the plague” stance was correct. I look at changing brokers at Cenkos (CNKS) and Condor Gold (CNR) and Premier Miton (PMI) and what the AIM Casino demise of SalvaRx (SALV), where managers are talented, says about the dangers of backing a cash shell.

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487 days ago

Breaking: Versarien not the only AIM Company ramping via private chatrooms - shocking material from Eurasia Mining

All the signs are that AIM Regulation and hapless Nomad Canaccord is clamping down on the private Versarien (VRS)  chatroom inhabited by Neill Ricketts and his Versarien cronies after shocking revelations like this HERE. However Winnileaks now has material from a similar chatroom on the private Telegram platform where Eurasia Mining (EUA) boss Dmitry Suschov and his proxies are “at play”.

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487 days ago

Tom Winnifrith Bearcast: The Trolling & harassment of myself and my family plumbs new depths

It seems to be followers of Versarien (VRS) and Bidstack (BIDS) leading the charge but there is another matter as well. suffice to say, this has been a bloody week and as I celebeate my birthday this weekend I wonder how many more years this can go on for. In terms of companies I discuss the hot air at Big Dish (DISH) and the red flags at, soon to leave AIM, Cloudbuy (CBUY). Followers of IQE (IQE) please take note.

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489 days ago

BREAKING: Neill Ricketts & Versarien – private chatroom with shareholders & rampers exposed

Last year I forced Versarien (VRS) to issue a clarifying RNS after Neill Ricketts made unverified and it seems untrue claims on twitter. Nomad Bobbie Hilliam at Canaccord read Ricketts the riot act and his twitter outpourings have been greatly diminished. But I can reveal that he has a new conduit on a private chat group on Discord. I doubt his Nomad or AIM Regulation are aware of it but thanks to Winnileaks they will be soon and will be horrified as I have a series of screenshots to share.

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491 days ago

AIM Market – another year of decline: fewer companies in total but more bad ones among them, the real data...

The statistics for AIM for December 2019 show that the market contracted to 863 companies its lowest number since 2003.  The real concern for the LSE should be the shockingly low number of new listings a derisory 23, the lowest number of new issues ever since the market as formed in 1995.  The quantum of new monies raised was also very low by historic standards at £489 million and this figure is not adjusted for the impact of inflation.

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491 days ago

ValirX: Open letter to Nomad Cairn Financial - time to reissue RNS

I do not wish to be seen as a pedant but an RNS statement is meant to be, you know, like, er, accurate. And thus as an upstanding member of the AIM Casino community I have penned a quick email to my pal Liam Murray at Nomad Cairn Financial about today’s RNS from ValirX (VAL) which appears to fail the accuracy test. I write.

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512 days ago

Tom Winnifrith Bearcast: Tin hat on time as the Morons and greedy City w*nkers are exposed again and don't like it

In today’s podcast I look at the lessons from the Oracle (ORCP) debacle, at gold miners and how M&A will destroy value over the next 24 months, at Kefi (KEFI), Ariana (AAU) and at long term AIM uber dog Sareum (SAR)

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512 days ago

Oracle Power – the insider dealing Sheikh on the Make strikes again and the morons fall for it

How insane is this even by the standards of the AIM Cesspit? In late August this year I exposed how Sheikh Ahmed Bin Dalmook Al Maktoum had invested in a placing by what was MX Oil (MXO) got it to change its name to ADM Energy (ADM) in his honour as he became President, saw the shares rocket, and then sold all his shares before announcing he was quitting sending the shares crashing from 20p to 4.5p today. Wind forward to November 28…

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512 days ago

Tom Winnifrith Bearcast: from Sefton to Bidstack, corporate lying is fraud but at last 1 regulator is smelling the coffee

NoGold has still not been in touch regarding the £50 he owes me. It seems as if my good mates at the FRC really are getting tough on executives who commit accounting fraud. Fabbo. But I ask for more. And what of lying? It is fraud of a different sort and I have strong suggestions for what the FCA and especially the Oxymorons at AIM Regulation already can do and very rarely do do but need to do so more often to drain the swamp and put me out of a job.

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514 days ago

FREE Podcast: ShareProphets Radio Edition TWENTY with Tom Winnifrith: Fake valuations, sectors thare are dead or all hot air, Versarien & more

There are no guests in this week’s show which is sponsored by Open Orphan PLC (ORPH). It is just me sitting in the Greek Hovel. I start with the Election, move on to the odd events at Versarien (VRS), sectors deemed to be scorching hot and others where death is not yet discounted. I look at fake IPO valuations and consider a possible case of securities fraud on AIM. If you like this and can’t wait seven days for more of the same and are tired of being a cheapskate you should listen to my Bearcast every day.

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514 days ago

Letter to AIM Regulation re Remote Monitoring Systems & Shamed Nomad SP Angel of MySquar infamy

I have today written to the Oxymorons at AIM Regulation with regard to Remote Monitoring Systems (RMS) and its disgraced Nomad SP Angel of Mysquar (MYSQ) infamy, asking if monthly management accounts can be produced to justify statements made just three weeks before the last bailout placing on October 18. If they cannot be produced the regulator needs to take severe action against the company and its Nomad. I write

 
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514 days ago

Another triumph for AIM: Labour Lord Alli’s Koovs goes bust

Well you cannot say you were not warned about Koovs (KOOV) by this website numerous times. This Bearcast from January 11 2016 (Koovs disgusts me) is pretty explicit. The City Crony capitalists loved the Indian retailer as its momentous losses meant it was a fee cash cow. I dread to think how much coke & hookers cash this company generated for the City.  Our full list of warnings are here and should be preserved as, today, the administrators were called in, the Nomad quit and the Fat Lady moved centre stage. What is the Hindi version of “All the Money’s gone?”

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532 days ago

Tom Winnifrith Bearcast: Hey Citigate you journalist smearing mothers, it's your fave journalist calling from Greece

I have now arrived at the Greek Hovel, photos here. In today’s podcast I discuss the pitiful way Sam Smith of FinnCrap (FCAP) blames Neil Woodford for the state of AIM. For once I defend the disgraced fund manager. I look at Eurasia Mining (EUA), I3 Energy (I3E) and also at Fastjet (FJET), a company that uses journalist smearing Citigate to polish its turds. The Eurasia podcast I refer to which should now be looked at by AIM Regulation is HERE

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532 days ago

Top 50 most-read articles and podcasts on the Quindell fraud - this is going to get very topical again soon

A couple of conversations last week make me convinced that the day when the SFO brings the Quindell (QPP) fraudsters to book for what was a £3 billion con is not that long away. We know that the fraudster in chief, Rob Terry, emerged terrified from his second interview with the SFO in July, as I revealed HERE, and that the SFO has been on the case for almost six years. I believe the wheels of justice are finally starting to turn and in that vein bring you a reminder of our 50 most read articles and listened to podcasts on AIM’s biggest ever fraud. I should also say that new documents have fallen into my possession that the authorities do not yet have. They will get them this week AFTER I publish them here as they are explosive. Meanwhile back to the top 50. Enjoy!

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534 days ago

FREE Podcast: ShareProphets Radio Edition NINETEEN with Tom Winnifrith on how housebuilders can collapse, the three top AIM overpromotes and the Appbox scam

There are no guests in this week’s show which is sponsored by Open Orphan PLC (ORPH). It is just me and I start with the idea of it’s too good to be true at Intu (INTU) and that leads me on to look in some detail at the compelling bear case against all the housebuilders and what that means for other sectors and for you and me. Then I look at the 3 most overpromoted stocks on AIM, Bidstack (BIDS), Versarien (VRS) and AFC Energy (AFC), the common themes and why shares in all three will eventually collapse. But there is a warning for the bears too. Then it is onto the up to £15 million Appbox Media, One True View scandal I exposed this week HERE. If you like this and can’t wait seven days for more of the same and are tired of being a cheapskate you should listen to my Bearcast every day.

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537 days ago

Vindication 2, Verseon – Neil Woodford dog to leave AIM, his investors losing 99%+ in 10 months, announces bonkers plans – are the directors on Acid?

`Curiouser and curiouser!’ cried Alice (she was so much surprised, that for the moment she quite forgot how to speak good English); `now I’m opening out like the largest telescope that ever was! Good-bye, feet!’ (for when she looked down at her feet, they seemed to be almost out of sight, they were getting so far off). `Oh, my poor little feet, I wonder who will put on your shoes and stockings for you now, dears? I’m sure I shan’t be able! I shall be a great deal too far off to trouble myself about you: you must manage the best way you can; —but I must be kind to them,’ thought Alice, `or perhaps they won’t walk the way I want to go! Let me see: I’ll give them a new pair of boots every Christmas.’

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540 days ago

Mercantile Ports & Logistics – how do AIM and Nomad Cenkos put up with the stench?

Okay AIM is loathe to boot off any company given how the World’s Most Successful Growth market is shrinking and Lagos Securities just wants retainers so will act for anyone, I answer my own question. But even by the standards of the AIM Cesspit, surely there comes a point where one says “enough is enough.”

 
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543 days ago

Neil Woodford disaster of the day 1: Eddie Stobart refinancing via 25% interest rate loan, equity almost worthless

Eddie Stobart Holdings (ESL) still sees its shares suspended as the company can still not get its half year accounts bottomed out and published but a rescue plan today may well see the shares slung off AIM and the nature of the mega high interest loan injection makes it clear the equity is almost worthless. Well done Neil – this was a major holding in the Income Focus and Equity Income Funds.

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543 days ago

BREAKING: Has Scotgold Resources misled investors on an industrial scale?

I have never been a fan of this dog from the AIM Casino kennels as my scathing coverage on this website demonstrates. But now a shareholder appears to show that Scotgold Resources (SGZ) has committed market abuse. I’d go further, I believe that it has deceived investors on an industrial scale as to its cash needs, ahead of an equity refinancing. After publication of the company’s annual report the shareholder has written to regulators flagging up the issue. I will now be contacting regulators and also the company’s shameless and disgraced Nomad SP Angel of MySquar and BlueJay Mining infamy, to pursue this matter. The shareholder, Mr C, writes:

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546 days ago

Tom Winnifrith – the 10 most overvalued stocks on AIM

Yesterday Waseem Shakoor’s top six stocks from the AIM Cesspit which he thought set to crash were revealed HERE. That seems to have annoyed a fair few folks on the Bulletin Boards so, on that basis, I thought I’d offer my top ten stocks to crash. In no particular order:

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547 days ago

The 5 most overvalued stocks on AIM according to Waseem Shakoor

Bet against the great Northern Bear Waseem Shakoor at your peril. He is invariably right and his ability to spot frauds and overpromotes is uncanny. So I asked the great man what he considered the five most overvalued stocks on the AIM casino. With an answer that will make him even more reviled on the Bulletin Boards, Waseem said:

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547 days ago

Brady – the scale of the “modest” black hole becomes clear, £4m – will the FCA take action on investor deception?

AIM dog Brady (BRY) will shortly be taken over by PE firm Hanover at 10p a share. If the deal is not supported by shareholders the company will go bust. I have already twice written to the FCA and AIM Regulation demanding that they investigate how Brady and its Nomad Cenkos mislead investors. Today the scale of that deception has become clear.

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547 days ago

BREAKING Analysis Neil Woodford AIM dog Mereo Pharma, another body blow – insolvent by end January

For some reason, Britain’s most disgraced fund manager held this AIM dog in his Equity Income Fund though the chances of it paying a dividend made my chances of getting lucky with Cheryl Cole look like a nailed down sure fire certainty.  Today there is another body blow, clinical failure, but the real issue, if you do the maths, is looming insolvency.

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553 days ago

Tom Winnifrith Bearcast: Hey Ed what scandal are you going to "predict" next? Bernie Madoff? Enron?

I start and end with a request that each Bearcast listener backs the Woodlarks Christmas appeal. Even £2 each and we’d be there. So go on donate now HERE. Then it is onto reports that the stricken Woodford empire may be selling £500 million of healthcare stocks. But at what price? Then it is onto how Ed Croft of Stockopedia, the company that flagged up mega fraud Quindell as one of the top 10 AIM stocks to buy, is claiming to have “predicted” the  Neil Woodford scandal. Of course it did not but no doubt this persuades more folks to sign up to Ed’s flawed system.  Then I crow as I discuss Nanoco (NANO) which I called out as long ago as 2015 and discuss where next for Bahamas Petroleum (BPC) as its open offer flops.

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553 days ago

Bidstack doles out options like confetti – this is not a cost-free exercise it’s a distraction

I remember long ago doing a seminar with some CEO or other. I cannot remember who it was but it was one of the slugs operating at the lower end of the AIM Cesspit. I pondered whether his interests were aligned with those of ordinary shareholders: how many shares do you own? I asked.

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554 days ago

Charlie Wood of Mayan Energy infamy – an era ends for AIM

News last week that AIM diluter in Chief (and that’s saying something!) Charlie Wood of Northcote Energy/Mayan Energy/Attis Oil & Gas (AOGL) reincarnations has departed stage left at Attis brings to a close a quite unprecedented record of dilution on AIM. This individual raised more than £15 million over the last few years and, in the final analysis, produced the grand sum of just over £100,000 cash at the last set of interim results and a de minimis amount of oil from the company’s Texan oil fields. If ever there was an abject illustration of how AIM is run for the cosy cartel of Nomads, brokers, PR companies and inept management rather than shareholders this is it.

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557 days ago

Tom Winnifrith Bearcast: Rejoice! Rejoice! Fat Yob Mike Ashley and George Soros both lose millions today

In today’s podcast I look at Crest Nicholson (CRST), pox on AIM St James House (SJH), Cyancannode (CYAN), Yourgene (YGEN) and shocking share options, Big Sofa (BST) Goals Soccer Centres and Carpetright (CPR). Blame Brokerman Dan for this podcast being late and for me being a dirty and smelly wreck as I explain in the show.

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557 days ago

Tern – size does matter

AIM listed purveyor of jam tomorrow Tern (TERN)  is effectively operating as a technology fund investment business.Its major issue, other than its repeated ability to play fast and loose with AIM Rules, is a lack of scale which creates a number of challenges.

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559 days ago

Tern, Allenby Capital & Whitman Howard: Another request to FCA & AIM Regulation for formal investigation

This morning we discover that AIM listed jam tomorrow purveyor Tern (TERN) has again passed the hat around with a discounted placing raising £1.75 million at 11.15p. But it was only able to get a placing away at that price because of spurious rumours which the company and its advisors must have been aware of and which it did nothing to quosh. I have written to the Oxymorons at AIM Regulation and to the chocolate teapots at the FCA requesting an urgent investigation into the company, its Nomad Allenby and broker Whitman Howard. It is not as if Tern does not have form in this respect.

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563 days ago

Another big win for Gabriel Grego – bio-On boss on Italy’s AIM casino arrested

As Gabriel Grego recalls in ShareProphets Radio podcast 13 , the reaction to him exposing the fraud that was Bio-On on Italy’s AIM Casino was typical: evil shorters, talking to our lawyers, all part of a conspiracy by evil Jews against a great Italian company, etc, etc.  The original dossier from July 24 2019 was HERE. It has not taken long for complete vindication.

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563 days ago

If Vast Resources had a proper Nomad there would be a full steward’s into its placing disclosures

But it does not. Its Nomad is Beaumont Cornish, run by Roland “Fatty” Cornish who only acts for companies that are the dregs of the AIM Cesspit. They can say what they want in an RNS, fatty will sign off on it before waddling off for a four course breakfast, luncheon or dinner. Bad companies use Fatty as he will sign off on anything. Good companies do not want investors assuming they are dodgy so use another Nomad. And that brings us to Vast.

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565 days ago

Neil Woodford uber dog Verseon – uh oh, comedy shit show

Yesterday Neil Woodford backed AIM listed uber dog Verseon (VERS) announced the sale and leaseback of its HQ in Fremont California, bringing in a net $9.5 million which would still have left it insolvent. Today, uh oh the deal is off. This is a shit show of the highest order.

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568 days ago

Plutus Powergen: it gets worse: shock boardroom bust up but no insider dealing, of course!

On Friday 18th October shares in Plutus Powergen (PPG) started to tank. By pure coincidence, we discovered today that its only credible director who had industry expertise, the Chief Operating Officer Paul Lazarevic, quit by email. Nothing to see there officer, no insider dealing as this is the AIM casino, this is all just a strange coincidence no need to check out the share trades, move along swiftly please.

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568 days ago

Oooh Er MRS… its death or mega dilution by Christmas: Yet another win for the Sheriff of AIM

You cannot say that you were not warned repeatedly by this website about AIM uber dog Management Resource Solutions (MRSas you can see HERE. The latest news is grim indeed and raises the spectre of a complete wipeout for shareholders as opposed merely to being diluted to oblivion. I think we can score this as yet another win for The Sheriff of AIM.

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568 days ago

Expose: AIM Casino listed Amur Minerals and the great director share buying spoof

On 17 April 2018 AIM wannabee miner Amur Minerals (AMC) announced to great fanfare a scheme whereby directors and other senior managers would collectively buy £5000 worth of shares a month for a year. At the time, wityh the shares at 4.5p to sell,  I wondered if it was a spoof. But as each monthly announcement of director share buying came out some folks were encouraged. Today, with the shares at 1.65p to sell, I demonstrate that this whole scheme was a spoof.

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568 days ago

Brady: back to the FCA & AIM Regulation, please do not brush this scandal under the carpet

Individuals not companies commit fraud, lie via RNS and break securities rules. And it is individuals not corporates who must be punished for their crimes.  Otherwise getting caught for white collar crime becomes simply another “cost of doing business”. In that vein I have again written to the FCA and AIM Regulation about Brady (BRY) where I do not accuse anyone of fraud or lying but I do accuse them of heinous rule breaches.

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578 days ago

Tom Winnifrith Bearcast: It's about management silly - ref Castleton

I start, to annoy NoGold, by describing another hidden gem we have revealed at the Welsh Hovel. Then it is onto Castleton (CTP), Bahamas Petroleum (BPC) and Woodford Patient Capital Trust (WPCT). If, like the Sith Lord Zak Mir, you are going to the AIM Awards Dinner tonight just remember who ultimately has paid for your gluttony.

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578 days ago

Nomad & broker Strand Hanson 2018 Results - just how grim is it on the AIM casino?

As the recently published ( just days before deadline)  Strand Hanson accounts for the year ended 31 December 2018 show, life was tough in 2018 for AIM Casino Nomads and brokers. But it could get much worse as the annual report, below, makes clear…

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580 days ago

Tom Winnifrith Bearcast: Sith Lord Zak Mir to enter the eighth circle of hell tomorrow, or is it the 4th?

Yes my good friend is going to the AIM Awards dinner now that he is an evil PR man (for Bigdish Ventures (DISH). Elsewhere I discuss the news about the Thomas Cook (TCG) stores and the lesson for Sirius Minerals (SXX). I look at Reabold (RBD), Brady (BRY) and Iconic Labs (ICON) as it serves up a bollocks packed RNS.

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581 days ago

Tom Winnifrith Bearcast: Chris Frazer of Sirius Minerals is one almighty knobhead

In today’s podcast I discuss the latest deranged rantings of Chris Frazer, the CEO of Sirus Minerals (SXX). The guy is a total knobhead, a man wheeling out the most lamentable excuses for his own failure. I also discuss a piss poor and incomplete trading statement from smug Sam Smith’s FinnCap (FCAP) and look at two AIM zeros in waiting: Sound Energy (SOU) and Funding Circle (FCH

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582 days ago

Letter to AIM regulation and FCA re Bidstack – request for investigation into market abuse & more

My comrade Evil Banksta has today exposed how AIM listed Bulletin Board darling Bidstack (BIDS) has misled investors and is also clearly sitting on a lack of profits and sales warning. For the former naughtiness the FCA should iopen an enquiry at once into possible market abuse, for the latter AIM regulation must force a statement. Being a fine upstanding citizen I have today written to the regulators. My missive follows:


Ref Bidstack PLC: Formal Request to Investigate Market Abuse & breach of AIM Rule 11


To: The FCA, AIM Regulation
cc Mark Brady, Spark Advisory, Nomad

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584 days ago

Six days to the obscene swine-fest you fund, the AIM Awards: so how is the casino doing?

Now in its 24th year the annual obscenity that is the AIM Awards Dinner is now just six days away. Tickets cost £200 a pop and Nomads, brokers, lawyers, accountants and PR firms snap up all 1200 of them. It is an osbcene beanfeast for the crony capitalists.

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590 days ago

FREE Podcast: ShareProphets Radio Edition ELEVEN with Tom Winnifrith and Andrew Bell of the Brexit Party and Red Rock Resources

Just one guest in this week’s show, Andrew Bell of Red Rock Resources (RRR) and The Brexit Party. we discuss UK politics, gold, AIM’s woes and Red Rock. Before Bell I look at recent bond flops and the looming liquidity crisis. After Bell I look at share options with reference to Falanx (FLX) where we shareholders have been kicked in the goands. If you like this and can’t wait seven days for more of the same you should listen to my Bearcast every day.

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590 days ago

Tom Winnifrith Bearcast - as investors sit on almost 99% losses is AIM slug George Roach really worth 6 nurses?

In today’s podcast I look at Numis (NUM), Sirius (SXX), Brady (BRY) and George Roach run POS Premier African Minerals (PREM). I also express my anger at the faux anger of those bastards in Westminster as they spout humbug. 

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600 days ago

Following the money at Parkmead – I just cannot see how this is not another festering pus of an AIM scandal

We have written extensively on the various related party deals at Tom Cross fiefdom Parkmead (PMG) but belated companies house filings now allow us to follow the complete money trail and this stinks. I really cannot see how Nomad Arden can tolerate this unless, of course, it is morally bankrupt and only cares about getting another retainer.

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603 days ago

FREE Podcast: ShareProphets Radio Edition NINE with Tom Winnifrith starring Carson Block of Muddy Waters

In this ninth edition of the ShareProphets Radio podcast, sponsored by Yorkville Advisors, in order I  chat to Antony Laiker,a friend despite being my stockbroker, a dinosaur like myself and the boss of AIM listed Vela (VELA). You may need to turn up the violume on his ansswers. Then it is onto Carson Block of Muddy Waters discussing Burford (BUR) and much else in great detail. Carson does not pull his punches and, to my mind, explains convincingly why his latest target will crater.If you like this and can’t wait seven days for more of the same you should listen to my Bearcast every day.

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604 days ago

Diversified Gas & Oil plans move from AIM to Main market… so did Avanti & Quindell

Diversified Gas & Oil (DGOC), the largest oil company on AIM and an enterprise whose accounts are being scrutinised by the FRC for a wholesale breach of IFRS guidelines, has announced it plans to move from the Casino to the Premium segment of the Main Market of the London Stock Exchange in Q1 2020. Both Avanti (AVN) and Quindell (QPP) made similar promises to try to keep their shares afloat. Neither actually made it off AIM as promised although, several years later, an almost bankrupt Avanti will be delisting altogether.

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604 days ago

Tom Winnifrith Bearcast: a statistic that damns the AIM Casino as the failure it is

Fake Sheriff of AIM Marcus Stuttard and colleagues what a shit-showeryou preside over. Thanks to Adept Technology (ADT) we have a stat that damns you. I discuss this, the comedy/tragedy that is Providence Resources (PVR)/ Lansdowne Oil & Gas (LOGP) and their Chinese pals. I look at IP Group (IPO), its results, its balance sheet and its association with the stench of Neil Woodford. Apologies to the fragrant Lizard for my words. And I chat about chatting to Carson Block of Muddy Waters about Burford (BUR) and other matters.To get the Carson Block podcast downloaded to your phone register HERE

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610 days ago

Versarien – a few easy questions about its US “operation”

The AIM casino ramp de jour Versarien (VRS) has made great claims about its US operations but if you start digging it all looks rather less transparent so here are a few easy questions for the twitter obessessed CEO Neill Ricketts.

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611 days ago

Tom Winnifrith Bearcast: The latest chapter in the WPCT scandal and is it the final chapter in the affair MRS?

In today’s podcast I look at the latest news from AIM bad boy Management Resoiurce Solutions (MRS)  where I think my critics really do owe me an apology (again). Then at Neil Woodford’s latest woes at the Woodford Patient Capital Trust (WPCT) which are the beginning of the end. Will I get to monster the board at an AGM in 2020 as I did this year? I fear I may be denied that entertainment.

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611 days ago

Oooh Er Mrs – the comedy shit show continues at Management Resource Solutions ( shares suspended)

AIM Cesspit Posterboy Management Resource Solutions (MRS) served up another dollop of comedy on Friday. On Thursday it had waited until someone had had plenty of time to dump shares with the price tonking, before suspending its shares because of bad news it has known about well before the UK market opened. That news was that Voluntary Administrators had been appointed to 5 Australian subsidiaries. Now we learn more…

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615 days ago

Oooo Er MRS, the comedy shit show continues – shares in Management Resource Solutions suspended

Shares in this posterboy for the AIM Cesspit fell in morning trade. Pure coincidence natch! Nothing to see here officer, move along quickly please. At 2.20 PM the Oxymorons at AIM Regulation suspended trading in a company we have pointed out is drowning in debt and red flags and is almost certainly worthless on many occasions as you can see HERE. At 4.01 PM Management issued a statement. You cannot make this shit up. Only on the AIM Cesspit.

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617 days ago

FREE Podcast: ShareProphets Radio Edition SEVEN with Tom Winnifrith - Matt Earl is explosive

In this seventh edition of the ShareProphets Radio podcast sponsored by Turner Pope, this week, in order I discuss why Burford scrutiny is so welcome then interview Matt Earl, the Dark Destroyer, on Avanti (AVN) , Burford (BUR), IQE (IQE), First Derivatives (FDP), Versarien (VRS), Quindell (QPP)) and Kerry Group. After a few more thoughts from me on scrutiny of smaller AIM stocks I interview Steve O’Hara of Optibiotix (OPTI) and then discuss one area where I disagree with him on strategy.  If you like this and can’t wait seven days for more of the same you should listen to my Bearcast every day.


To listen to episode 6 of Shareprophets Radio click HERE

To listen to episode 5 of Shareprophets Radio click HERE


To listen to episode 4 of Shareprophets Radio click HERE


To listen to episode 3 of Shareprophets Radio click HERE


To listen to episode 2 of Shareprophets Radio click HERE


To listen to episode 1 of Shareprophets Radio click HERE

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626 days ago

FREE Podcast: ShareProphets Radio Edition SIX with Tom Winnifrith, Harry Adams of Kefi, resources guru Gary Newman and the world of PC mattresses

In this sixth edition of the ShareProphets Radio podcast sponsored by Riverfort Global Capital, this week, in order I discuss PC nonsense in the world of matresses and also the folly of Nigel Wray and Neil Woodford in this sector, I give Harry Adams of Kefi (KEFI) a right old grilling, I look at the pointless ramping of AIM rubbish via other podcasts and paid for research and then discuss all things resources & other matters with guru Gary Newman. If you like this and can’t wait seven days for more of the same you should listen to my Bearcast every day.

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626 days ago

Tom Winnifrith Bearcast: Sheik on the make, another nail in Neil Woodford's coffin and the true scandal of today's First Derivatives shocker

In today’s podcast i look more at the Sheikh on the make at ADM Energy (ADME) and the failure of Nomad Cairn of Cloudtag (CTAG) infamy. Just how big is that failure? Then a few words on Neil Woodford and finally I discuss the full extent of the possible regulatory horrors which follow on from today’s shocking breaking news on AIM “superstar” First Derivatives (FDP. Update First now says the lawsuit that could have bankrupted it was withdrawn ( it has not said why) on Friday. That does not explain why there was no RNS on Wednesday.

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626 days ago

Eddie Stobart - the Red Flags were there to spot

We missed this one. we cannot spot every car crash waiting to happen. But we did give an alert of sorts. Week in week out, Eddie Stobart Logistics (ESL) featured in Steve Moore’s table of the most shorted AIM shares. When bears hunt in packs, like this, they are rarely wrong, especially when the biggest cheerleader on the other side are Bulletin Board Morons or, as in this case, Neil Woodford. So what were the red flags? There were three big ones:

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630 days ago

Tom Winnifrith Bearcast: Tony O'Reilly Jnr you really are the biggest shit in Ireland

In today’s podcast I start with how Roger Lawson wants laws changed that will shut ShareProphets down and is using Burford (BUR) as his pretext. I look at how the AIM demise of Avanti (AVN) shows how wrong Lawson is and at lessons we can all learn. I cover Providence Resources (PVR) and its dirtbag fat cat boss Tony O’Reilly Jnr, at Cabot Energy (TOAST), Mysale (MYSL) – another mark of shame for Burford’s Nomad Macquarie and for Sir Philip Green – and at IMC Exploration (IMC) which is toxic.

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631 days ago

Ooh Er MRS – is this a record for TR1 non disclosure

The responsibility for submitting forms relating to changes in percentage ownership lises not with a listed company but with an investor. Thus though Management Resource Solutions (MRS) is a worthless piece of crap which should have been booted off Aim for numerous wrong-doings, as we have detailed HERE, this is not its fault.

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641 days ago

Tom Winnifrith Bearcast - a Neill Ricketts tweet which is pure Rob Terry and must surely be actioned by Nomad Canaccord

The tweet below from Versarien (VRS) boss Neill Ricketts is surely against AIM Rules. I am referring it to nomad Canaccord and AIM Regulation and discuss in a podcast which also covers swimming pool ways, folks who insult me to ask a favour, Burford (BUR) its rebuttal (very strong) but its red flag antics elsewhere and the limp dick behaviour of the deadwood press, notably The Times. I also look at Cabot Energy (CAB) which is surely AIM Casino toast.

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646 days ago

FREE Podcast: ShareProphets Radio Edition THREE with Tom Winnifrith

In this third edition of the ShareProphets Radio podcast sponsored by Riverfort Global Capital, this week, in order I discuss the political threats to the UK stockmarket, interview the UK’s best known chartist Zak Mir and then discuss all things Versarien (VRS), the most overpromoted stock on AIM,  with bear raider Lucian Miers. Enjoy. If you like this and can’t wait seven days for more of the same you should listen to my Bearcast every day.

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647 days ago

Goals Soccer Centres – the scale of the fraud starts to emerge, staff must surely face jail time

If the Quindell fraudster Rob Terry is, this morning, wondering who his roomie will be when he goes down, perhaps he may be able to discuss accounting fun and games with a member of staff from Goals Soccer Centres (GOAL) which has today fessed up to the scale of its problems as it admits its days on AIM are almost over.

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653 days ago

FREE Podcast: ShareProphets Radio Edition TWO with Tom Winnifrith

Once again, please excuse my croaky voice. In this second edition of the ShareProphets Radio podcast sponsored by Riverfort Global Capital, this week, in order I discuss the cowardice of a well known AIM CEO, interview bear raider Lucian Miers on a wide range of subjects including Tesla, Neil Woodford and WPCT, IQE, Purplebricks, UK Oil & Gas, Thomas Cook and cannabis, I then interview value blue chip investor Chris Bailey on, inter alia, Tesla, EasyJet, Imperial Brands, Woodford, Burberry, Dignity, and St James Place. Enjoy. If you like this and can’t wait seven days for more of the same you should listen to my Bearcast every day.

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658 days ago

BREAKING EXCLUSIVE: New 1 billion Euro short dossier from Gabriel Grego - Italy AIM listed Bio-On

The man who exposed Globo (GBO) and Folli Follie as outright frauds is back with a devestating new dossier on 1 billion Euro capitalised Bio-On which is listed on Italy’s AIM market. This looks like a slam dunk zero to me. The dossier from Gabriel and Quintessential Asset Management is below.. as ever we are first with the news….  

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658 days ago

Tom Winnifrith Bearcast: Waiting for Jono & another Gabriel Grego AIM bombshell

My fat, drunken, friend Jono from Zimbabwe arrives at the Welsh Hovel shortly and I shall try not to allow him to lead me astray. I also await Gabriel’s next bombshell dossier I am to publish tomorrow morning. In this podcast I look at the wider implications of the RM2 (RM2) debacle for Neil Woodford, at IQE (IQE), at Fevertree (FEVR) – hat tip Leon Boros – at St James House (SJH) and at Diversified Gas & Oil (DGOC).

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660 days ago

Telit, FinnCap, the Oxymorons at AIM Regulation – the endemic problems of the Casino

Telit Communications (TCM) is a case study on why the AIM Casino is such a casino. Not only does it claim to be running at a cash profit while c$20 million of cash disappears in the first half of the year. But rules are broken and the folks meant to stop that, Nomads such as FinnCrap, do nothing to prevent it happening. And the regulators then do nothing about it. So other folks feel free to offend.

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660 days ago

Tom Winnifrith Bearcast: Rule 1 of AIM, you cannot beat Professor Conroy

In today;s podcast I discuss how the Mrs has fallen victim to the fascists of the North Wales Police, Karelian Diamonds (KDR), ASOS (ASC), Eve Sleep (EVE) and Sosandar (SOS).

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668 days ago

St James House (formerly Boxhill Technologies plc) – still a dog as results show, accounts breach IFRS and mislead big time

Lib Dem grandee Lord Timmy Razzall may have changed the name of Boxhill to St James House (SJH) but this company which has been mired in so much corruption and fraud remains an uninvestable uber dog even by the standards of  the AIM casino. Results earlier this week were covered in bearcast yesterday but perhaps merit further scrutiny. They are shocking, breach IFRS on numerous counts and quite simply aim to decieve. Nomad Allenby should be walking.

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675 days ago

LSE AIM Statistics for June 2019 - these truly are awful stats for the “worlds leading growth market”

The joke management of the London Stock Exchange (LSE) continues to insist that the AIM Casino is the world’s leading growth market. But the hard data from June 2019 shows once again that the fat cat LSE bosses are ‘avin’ a giraffe.

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700 days ago

Tom Winnifrith Bearcast - the gender pay gap in football & £3m coke & hookers money from the sorry Mporium saga

I start with a discussion of the gender pay gap in football and why it is so much hogwash. Then I look at Neil Woodford and the useless FCA. Then I cover two stocks I own, Fox Marble (FOX) and Venn Life (VENN), and two which I don’t Ted Baker (TED) and then a long term target of mine MPorium (MPM), a tale of AIM woe.

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704 days ago

Tom Winnifrith Bearcast - Diversified Gas cannot respond - is it the best short on AIM?

I start with a few reflections on D day from my own family history. Then I look at Neil Woodford and what needs to happen.Then at unfolding events at Diversified Gas & Oil (DGOC) which make it, arguably, the most compelling short on AIM. Do folks understand the scale of what is going on here? Then I cover Motif Bio (MTFB), Cabot Energy (CAB)  and finally Blue Jay (JAY) another truly compelling short.

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705 days ago

Diversified Gas & Oil Reported to FRC – IFRS 3 why its accounts are a joke and need mammoth restatement

Yesterday I highlighted the numerous issues which make Diversified  Gas & Oil (DCOG) the most overvalued oil stock on AIM.  The crux of the issue is that its freported profits since IPO have been generated almost entirely from aggressive accounting as opposed to producing hydrocarbons. I believe its accounts breach IFRS 3 and must therefore be completely restated which will wipe out nearly all of its retained profits. Let me explain. 

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707 days ago

Diversified Gas & Oil – surely a stonking short – I guide you to some amazing research

I take my hat off to a chap who has created the blog Oarfish Research for he is a truly talented individual who has produced some spectacular research on £878 million capitalised ( at 126p) AIM listed Diversified Gas & Oil (DGOC).  Reading Mr Oarfish’s truly spectacular analysis I can only conclude that this company is monumentally overvalued. It could be the most overvalued stock on AIM.

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724 days ago

Tom Winnifrith Bearcast: Advice for Andrew Monk on how to be a spiv

I start with a comment on the amazing generosity of one person donating more than £11,000 to Rogue Bloggers for Woodlarks yesterday. It was not Neil Woodford though I did ask. Anyhow: to the 75% of you yet to donate think of me this weekend on a) my last training walk ahead of 33 miles next weekend and b) entertaining a visiting mother in law. As you think of my weekend, please donate HERE. In the podcast I discuss Woodford’s latest bad news, Maistro (MAIS), Blur as was, UK Oil & Gas (UKOG) and Staffline (STAF). I also offer advice to Andrew Monk on which 1 AIM stock he should buy today for his mother’s IHT Portfolio.

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724 days ago

From 82p to 0.4p in seven years …its all a bit of a Blur as Maistro prepares for AIM Casino exit

Retained losses are £27 million and counting, the shares have collapsed from 82p at IPO to just 0.4p, Blur (BLUR), now rebranded as Maistro (MAIS), has been a disaster for investors but at least its founder Phil Letts and his ghastly wife who was also on a fat salary have been able to buy and upgrade a Country mansion, as we noted HERE.  Today as it issued another lack of profits warning and warned of another cash crisis, Maistro says it is going to delist from the AIM Cesspit.

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729 days ago

Tom Winnifrith Bearcast - these companies are just taking the piss as management troughs it

Ahead of lunch with a scouser I encounter someone just out of prison. There you go, life here in the Grim North. I urge you all to follow the lead of Saintly Tech Queen Vin Murria HERE.Greedy AIM bosses screwing shareholders infuriate me and in that vein I cover: Mirriad (MIRI), EVR Holdings (EVRH) and Argo Blockchain (ARB). I also look at FinnCrap (FCAP) where the dam is breaking, Share PLC (SHRE), Frontier Smart Technologies (FST) and Audioboom (BOOM).  

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733 days ago

Stephen Hope & Outrider hit back at Frontera in US case - court filings below

It really does look like the last days of Frontera Resources (FRR) the formerly AIM listed fraud and purveyor of lies which was so beloved by the Bulletin Board morons. The latest court papers filed by Stephen Hope and Outrider as it battles to seize the assets of the company in lieu of debts on which Frontera has defaulted make for grim reading for promoters such as the whore blogger Malcolm Graham Wood and for the morons on the shareholder list. Read and weep Malcy, this is going to end badly for your boys. 

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741 days ago

Tom Winnifrith Bearcast – Leon Hogan takes a Marechale bath: Rejoice! Rejoice!

In today’s bearcast I start with missing cat news (there is some hope) and end with news of the ultimate cruel an unusual torture for Andrew Monk. Think of the poor man and donate to rogue bloggers for Woodlarks HERE. I cover Marechale Capital (MAC) and AIM bad boy Leon Hogan, Maestrano (MNO), Redhall (RHL), Management Resource Solutions (MRS), Bould Opportunities (BOU) and Octagonal (OCT). Go on think again of poor Monkey and get the (now) eleven rogue bloggers over the £15,000 mark HERE

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742 days ago

Tom Winnifrith Bearcast: Another scoop on dissembling POS Bidstack & a strange deal at ValiRx

I am procrastinating ahead of a 24 mile training walk in the Grim North as the wind blows hard and the rain tips it down. As you think of my suffering please please donate now HERE. In consider the 3Xs in light of today’s Pathfinder (PFP) scoop. I apologise to Peter Greensmith, he is not the knobhead in the Bidstack (BIDS) affair and indeed not a knobhead at all. I name the real knobheads and have another scoop on the company showing how firms like Optiva make AIM a disorderly market with their slimeball behaviour. Finally I look at yesterday’s financing by ValiRx (VAL) which looks like a bad deal in so many ways.

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742 days ago

EXPOSE: Bidstack: Placing underway and struggling after nine days

I have suggested in a number of recent bearcasts that Bidstack (BIDS) was the most over-ramped and overvalued stock on the AIM Casino and also that it would have to do a placing within six months to keep the show on the road. A City source has now provided me with more specific information, an offering is already underway but it is struggling.

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742 days ago

Tom Winnifrith Bearcast: The curse of loathsome ex Tory MP Tony Baldry is striking again

In bearcast i raise unanswered questions about Westminster Group (WSG) run by smug lardarse Tony Baldry and ask how soon the next bailout placing will be and at what price. I look again at the most overvalued & over-ramped stock on AIM, Bidstack (BIDS), at BlueJay Mining (JAY) and at AO World (AO) and Purplebricks (PURP) two companies that boost profits by ripping off customers.

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752 days ago

EXPLOSIVE: Management Resource Solutions boss Zorbas submits fraudulent accounts or lies to market – which is it?

Believe it or not AIM PLC directors are meant to be deemed by their Nomad to be “fit and proper” individuals to hold such a post. Don’t all laugh at once. And that brings me to John Zorbas the boss of insolvent Management Resource Solutions (MRS) which is happy to lie to investors.

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753 days ago

Tom Winnifrith Bearcast: I'm not insensitive to lesbians but, listeners: should I grab Mrs Chav's pussy?

As the day of the great move to the Grim North beckons I wrestle with the moral dilemna: should I grab Mrs Chav’s pussy before we go? I then explain why I was NOT insensitive to lesbians in yesterday’s bearcast. Finally I look at how to commit securities fraud on AIM in a way that is almost certain to escape detection or conviction. I do not advocate you do what I say but i suspect some already are. Now about about you help us to get over 20% of our Rogue Bloggers for Woodlarks target tonight? I need donations of just £70 HERE

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770 days ago

Chris Ronnie, is my MRS troll THE convicted fraudster or worse...

As you can see below, I am being attacked on twitter by someone purporting to be a shareholder in tecnically insolvent, red flag strewn, Management Resource Solutions (MRS). Is my troll really a convicted AIM fraudster?

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788 days ago

Tom Winnifrith Bearcast: Which is most fecked - MotifBio, RedT or Inspirit?

I apologise for the RedT (RED) tip it shows the arrogance and incompetence of AIM boards at their worst. Is it more fecked than Inspirit (INSP) or Motof Bio (MTBF)? I look at all three and also at Bahamas Petroleum (BPC).I f you enjoyed this, I think, relatively profanity free bearcast, follow a bloke from the Grim North who donated enough to buy a whole house in the welfare safari and support the Rogue Bloggers for Woodlarks HERE.

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795 days ago

2000 Morons who want more fraud on AIM ask parliament to ban shorting

Over on the LSE Asylum they are getting terribly excited about a Parliamentary Petition to ban shorting AIM stocks. If they can just find another 98,000 morons to sign (I’d start with the Frontera (FRR), Quindell (QPP) and Cloudtag (CTAG) shareholder lists) then this idea will be debated. Fraudsters must be praying they do.

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803 days ago

Tom Winnifrith Bearcast: Liars, damned liars and AIM CEOs

In this bearcast I comment on Bluejay Mining (JAY) although my main commentary on it is in a seperate podcast HERE, Metals Exploration (MTL), and Nostra Terra (NTOG). I also look at Ted Baker (TED), TekCapital (TEK) and Alien Mining (UFO) with its new Nomad, London's worst, Roland "Fatty" Cornish.  If you enjoyed this podcast please support the EIGHT rogue bloggers for Woodlarks with a small donation HERE

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806 days ago

Independent Oil & Gas unwittingly confirms Sunday LOG scoop but simply fails to understand the scandal

AIM listed Independent Oil & Gas (IOG) has today issued a statement in relation to London Oil & Gas (LOG) run by Amber Rudd’s pal and donor Simon Hume Kendall and it unwittingly confirms Sunday’s scoop HERE that LOG is the recipient of £122 million of the £176 million leant by London & Capital Finance, the ponzi now in administration and under full FCA enquiry.

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818 days ago

Frontera arguably insolvent says Judge as he finds against it in crunch case - another breach of AIM Rules

The whore blogger Malcolm Graham Wood and Frontera Resources (FRR) repeatedly asserted that legal claims against it had no merit and would be thrown out. A Judgement handed down on 22 January, which we publish below, shows that was not the case. The Judge slams claims made by Frontera in the case against lender Outrider as "fantastical" says that it is "strongly arguable" that Fronntera is insolvent and rules against the formerly AIM listed POS.

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821 days ago

Frontera - more shocking papers emerge showing the extent of the fraud

Slung off AIM a few weeks ago, Frontera Resources (FRR) still has its fans in the Bullettin Board Moron community but the latest trove of emails to emerge, which we publish in full below, will shock even them as the extent of the fraud emerges.

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823 days ago

Westminster Group led by disgraced former Tory MP Tony Baldry: discount placing ten days after mega ramp

The behaviour of Westminster Group (WSG) chaired by disgraced ex Tory MP , Sir Tony Baldry of 3DM fraud infamy, displays everything that is worst about the AIM Cesspit. Today we have a £500,000 placing via newly appointed joint broker the low -life team at SVS. But just ten day ago it was all so different.

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823 days ago

Tom Winnifrith Bearcast: my moral maze with Mrs Chav's Pussy & another day of shame for AIM

I start with my big moral dilemna - listeners do you have any advice? Then I look at another day of shame for AIM ref Maestrano (MNO) and, more particularly, Immotion (IMMO). I look at Gama Aviation (GMAA), Numis (NUM), Finncrap (FCAP), Greatland (GGP) - another Dave Lenigas twitter ramp heading south - and at Avanti Communications (AVN)

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823 days ago

Maestrano – another disaster IPO on the AIM casino warns again

Floated on the AIM Cesspit in May 2018 at 15p a share and raising £6 million Maestrano (MNO) describes itself as a “cloud business integration platform with cross-app data synchronization” I’d describe it as an univestable piece of shit.

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833 days ago

Frontera shares now worth 0p but changing hands at just 0.06p

The whore blogger Malcolm Graham Wood urged shareholders in Frontera Resources (FRR) to hang on after the shares – 0.28p at suspension, down more than 99% on the IPO – were booted off AIM.  The morons insisted they would be buying more as soon as they could and that shorters would be unable to close. Here, c/o the great Northern bear Waseem Shakoor is proof of the reality.

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833 days ago

Tom Winnifrith and Gary Newman in top four market abusers & liars on AIM - its "official", reported to FCA

Oh well that is settled then. All those frauds we exposed, all those promotes and ramps we revealed, all those RNS lies we showed to be lies, it was all a smokescreen.

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834 days ago

City's No 1 oil analyst comments on the AIM demise of Frontera

Zac Phillips at SP Angel has opined on the AIM demise of the Frontera (FRR) fraud and does not mince his words. The great man says...

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834 days ago

Bulletin Board Moron of the Week Contest in honour of the Frontera fraud - can you beat this one?

The AIM demise of the fraud Frontera (FRR) has unleashed a barrage of Bulletin Board idiocy not seen for years. It seems that the idiot from every village in the land was invested here and the comments on the Asylums at the LSE, ADVFN and iii as well as on twitter restore ones faith in the sheer stupidity of your fellow man. To win a semi naked photo of Britain's top share blogger before lunchtimes, Thirsty Paul Scott, simply post your examples of supreme idiocy ( not necessarily on Frontera) in the comments section below. The deadline is midnight on Saturday 2nd Fenruary. I start off with my nomination. Can anyone beat this gem from tune player on the ADVFN Asylum.

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834 days ago

Frontera Shareholders Action Group established - to support the board! Bonkers

So what if Frontera (FRR) got slung off AIM because its board told lie after lie, some folks just want another punishment beating it seems. And thus loyal shareholders "long and strong" have set up a Shareholder Action Group to assist the board. hat-tip to reader Juicin for spotting this. The group lays out its aims and objects thus: 

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834 days ago

Tom Winnifrith Bearcast: An AIM CEO guide to misleading about the need for a placing

I start with a detailed look at Neil Woodford's debt crisis at his Patient Capital Trust (WPCT) as exposed by Nigel earlier and explain what happens next. Then prompted by my Blue Jay (JAY) article I look, using various case stiudies, at how a CEO on AIM gives you a clear steer that he is not going to do a placing when he is going to do exactly that.

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836 days ago

Bad news for AIM - Class Action against Cantor Fitzgerald re African Potash fraud fails to get off the ground

African Potash (AFPO) released 2 RNS statements about claimed deals in Southern Africa,. The shares raced ahead. Nomad Cantor Fitzgerald and its QE Mr Stuart Dick signed off on those RNS statements but cannot have bothered to check the original documentation about those deals. Because I got hold of that documentation & published it and that showed the RNS's were misleading. But they caused a share spike allowing a bailout placing to go ahead.

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848 days ago

Independent Oil & Gas, London Oil & Gas, Amber Rudd and the small world of Tory politics , they are all at it

I have already noted how London Oil & Gas, the company that is using Ponzi fraud cash from related party LCF (now under full FCA investigation) , to fund AIM listed Independent Oil & Gas (IOG) was linked to a bent solicitor and a Tory grandee. But the links with the nasty party are far deeper and go right up to the ghastly work and pensions secretary, and former stockmarket spiv, Amber Rudd.

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852 days ago

Angus Energy – sheer AIM Casino comedy with Lord Lucan unless you are a shareholder in which case a tragedy

Where to start? This is laughable unless you are one of those suckered in to buying shares in Angus Energy (ANGS) by the diarrhoea of pre-placing ramp tweets from shameless Big Dave Lenigas. Then it is a bit of a tragedy. Today’s newsflow is hilarious.

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852 days ago

Tom Winnifrith Bonus Bearcast: Finncap Je t'accuse re the AAOG debacle - everything that is wrong with the AIM Casino

In this bonus podcast, recorded at a Motorway service station, I look at the Anglo African Oil & Gas (AAOG) debacle and THREE massive failings by the Nomad and broker FinnCrap (FCAP). I raise questions about FinnCap it cannot answer but also show why this eiposde flags up the conflict of interest issue which is the cancer destroying the whole of AIM. The home truths will make uncomfortable listening for many.

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858 days ago

Tom Winnifrith Bearcast - does the Wolf of Wall Street have British cousins?

I was  re-watching the movie last night and ask the question. I discuss signs that the FCA really is getting stuck in, albeit too late. I look at too good to be true investments starting with London & Capital Finance. I look at house prices and why I think that bad data gives far too rosy a view. I look at US jobs data yesterday and what that means for base rates. And I look at the big short positions in AIM stocks. Don't bet against the bears! Now off to West Ham. 

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858 days ago

J’accuse: Nomad FinnCrap and Independent Oil & Gas mislead investors with RNS re its loan facilities

Yesterday I pointed out that the ultimate benefactor of AIM Cesspit listed Independent Oil & Gas (IOG), was blocked from doing any activity after an FCA raid and that created real issues for Independent. The company and its scumbag Nomad FinnCap (FCAP) has responded with a statement that quite simply misleads investors.  That should tell you everything…SELL!

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862 days ago

Tom Winnifrith Bearcast: Happy New Year unless you are in Scotland and/or play the bagpipes

I have a bit of a rant about New Year's Eve. The Mrs and I will both be going to bed with a bottle of brandy by ten. In terms of stocks, I look at Amur (AMC), Cabot (CAB) and all that is wrong with AIM, Frontera (FRR), Metals Exploration (MTL) and Mayan (MYN). I have a handy tip to save money in 2019 and wish you all a prospoerous New Year.

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862 days ago

Another day of shame for AIM: Cabot Energy spunks $16.5m in a year, warns could go bust in weeks, did ex CEO inside deal?

Cabot Energy (CAB) which, as Northern Petroleum, once saw its shares touch 140p today admitted that unless it gets away a placing at a “deep discount” (its words) it will go bust by the end of January. Its shares, about which we have been warning for eons, have crashed by 59% to 0.625p. To think that, less, than a year ago, former CEO Keith Bush raised $16.5 million at 5p. All the money's gone.

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867 days ago

Frontera – Nomad quits, shares suspended, it is game over morons & ouzo time for me

I have spent all weekend being abused on twitter by morons who own shares in Frontera Resources (FRR) - notably @keithcareth, check his feed he is insane -  who insisted that I did not know what I was talking about, that the FCA was after me, etc etc etc. I await an apology as today – as was inevitable after our weekend revelations HERE and HERE – the Nomad, Cairn, has quit. The shares are suspended and here is why it is game over.

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870 days ago

Tom Winnifrith Bearcast: the most shorted shares on AIM - the bear case is now even stronger

I start with a look at Frontera Resources (FRR) and what should and what may happen on Monday in light of this weekend's revelations. You would not want to be long of this one. Then I look at the most shorted shares on AIM and explain why for many of them, notably IQE (IQE), Telit (TCM), ASOS (ASC), Boohoo (BOO) and Victoria (VCP) the bear c ase has just got that much stronger, by an order of n, in the past few weeks. Finally a warning for shareholders in First Derivatives (FDP) - I have a small present for you tomorrow. :)

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881 days ago

Tom Winnifrith Bearcast: Filtronic - either way FinnCrap has sinned big time, which is it?

I start with young Joshua's meeting with Santa Claus as flagged up yesterday and then discuss a couple of other Christmas rituals. Then it is onto today's shocker from Filtronic (FTC). I cover why the statement is misleading, discuss what is the real cash position and thus how quickly this could completely unravel. I then look at FinnCrap (FCAP), appointed Nomad and broker on November 15. Either it failed to do adequate Due Diligence or it has colluded in sitting on price sensitive information in clear breach of AIM Rules. Either is very naughty indeed. Which is it Sam Smith? Finally a few words on the leadership challenge to wretched Theresa May, 

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887 days ago

Thursday Caption Contest - Sam Smith at the Stock Exchange to celebrate the FinnCap IPO

The picture below is of Sam Smith the CEO of FinnCrap (FCAP) celebrating the IPO of her company on AIM at the offices of the London Stock Exchange. I ask you for suitable captions in the comments section below with the prize for the wittiest and rudest being a semi naked picture of Britain's top share blogger (mornings only), Thirsty Paul Scott. For what it is worth I set an early low bar with my suggestion...

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888 days ago

Numis statement shows why FinnCap’s IPO today is such a stinker

FinnCrap (FCAP) has today listed on AIM having raised £3.75 million of new monies while insiders dumped £1.25 million of shares on mug punters. Unfortuanately for smug Sam Smith and the FinnCrap team a statement on current trading from Numis (NUM) shows just why FinnCrap rushed to get its own IPO away and why it should be avoided like the plague.

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888 days ago

Tom Winnifrith Bearcast: Might Chris "Three Brains" Bailey be wrong about Thomas Cook? Are the shares really worth only 12p?

I start with the news about the olive harvest. When you get the full financial report you will laugh. I almost did. I am almost tempted to get Neil Woodford to invest in it. Then I discuss Thomas Cook (TCG), Audioboom (BUST) and Tekmar (TGP), another disastrous IPO on the AIM Casino. I also discuss the battle between the metropolitan elites and the rest of us ref. France, but also the UK and Brexit.

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891 days ago

Tom Winnifrith Bearcast: I have a fecking brilliant idea for Neil Woodford all I need is £3m and I've bought some shares

Forgive the lack of copy on ShareProphets today and the tardy bearcast. All is explained. I look at Woodford's latest disaster, Kier (KIE) but have a corking business proposition for Neil. It just cannot fail, all I am seeking is £3 million for 20%. And I have bought shares in a company on AIM. You will think I am bonkers but let me explain why I have made a material investment.

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916 days ago

Tom Winnifrith Bearcast - we have just bought just under 0.5% of an AIM listed company

In today's podcast I look at the US mid-terms and why they should make you bet heavily on #Trump2020. I look at Cabot Energy (CAB), Totally (TLY) in great detail at JD Wetherspoon (JDW) at why Persimmon (PSN) fired the wrong man in Jeff Fairburn and I reveal which AIM company we have just bought circa half a per cent of and exactly why. Don't laugh Wildes.

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918 days ago

Marcus Stuttard, the world's worst regulator receives evidence of fraud at MySquar caption contest

In October last year I presented thje AIM Regulation team headed by the man who ludicrously allowed himself to be dubbed the Sheriff of AIM, Mr Marcus Stuttard with slam dunk proof of massive fraud at MySquar (MYSQ). He did nothing. MySquar raised millions of pounds AFTER that from issuing shares which after today are now worthless as the fraud is laid bare. Mr Stuttard's failure to act has cost investors millions. And this is not his first lamentable failure. Is he the most useless regulator on this planet? Anyhow, he is pictured below after receiving my proof of fraud at MySquar last October. Please supply a suitable caption by midnight tonight in the comments section below.

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921 days ago

The Northland meltdown – 28 stocks that could get slung off AIM

Northland yesterday ‘fessed up that it would be surrendering its Nomad license on 1st February. If you think that this “surrender” is a voluntary act you are the sort of person Nigerian Generals dream of adding to their email list. So 28 clients need to find a new Nomad to take them on and complete due diligence PDQ as DD takes a while and the Christmas holidays beckon. No new Nomad and the companies below will be slung off AIM.

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930 days ago

Is the Finncrap IPO a sign that AIM is doomed

Today brings news that FinnCap, Finncrap to its friends, the biggest AIM Nomad and broker is to buy Cavendish Corporate Finance, the corporate advisory firm run by pompous Tory Lord Leigh, who claims to speak for ordinary shareholders but is actually a City fat cat like the rest of them, and that the combined business will itself list on the casino in December. Is this a sign that AIM is headed into irreversible decline?

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930 days ago

Fuck Yu! Shares crash 80% as accounting review commences. Uh oh….. surely this is another £12m of AIM fraud?

AIM-listed Yu Group (YU.) only joined the AIM Casino back in March 2016, via a placing at 185p. Since then it has been a one-way street for shareholders, with the stock rising to a peak of over £14 in March of this year. And then, in May, the Finance Director resigned…..

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934 days ago

Podcast Evidence: Is James Parsons of Sound Energy the most shameless ramper on AIM

I accept that there is stiff competition for the title of the most shameless ramper on AIM. But could James Parsons of Sound Energy (SOU) claim the title? I bring you a podcast below which is almost sordid. Sound is apparently a low risk ten bagger. Whatever.  Parsons has a devoted following of Bulletin Board Morons who will, no doubt, lap it all up. At 38.7p the market cap is £407 million which is even more of a rum and coke than the podcast below.

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938 days ago

CEO of Fishing Republic lasts minus 1 days before company goes bust is that a record?

On 27th September the joke company Fishing Republic (FISH) announced that it was “pleased to announce the appointment of Daniel Quinn to the Board as its new Chief Executive Officer, with effect from 17 October 2018.” Today, 16th October the company fessed up that it was bust. No need to clear your desk Danny Boy, in fact no need to buy cakes for the staff on your first day at work tomorrow. At least your CV won't need much touching up. Is this a record: Minus 1 days from appointment to an AIM tits up? Darren - make my ouzo a double!

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939 days ago

Frontera clarifies that it could be a zero but the stupidest investors on planet earth somehow see this as good news

Frontera Resources (FRR) has been forced to issue a clarification statement about the Cayman Islands legal case that could see it lose all its assets and go to zero. I suspect AIM is forcing its hand here, concerned that the stupidest shareholder list on this planet are just not getting the message.

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942 days ago

Veltyco – CEO “resigns” J’accuse

A bad day for diversity as AIM loses a female CEO in the form of Melissa Blau at Veltyco (VLTY). No doubt our wretched Prime Minister Theresa may will be cross about this but folks who care about weeding out failures and rewarding talent rather than daft quotas will not be crying. The question is whether Veltyco’s statement is true or not. Methinks it is not.

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944 days ago

Tom Winnifrith Bearcast: Luke Johnson's Cake and the (is it £20m) fraud, a few thoughts

In today's bearcast I start with a look at Patisserie Holdings (CAKE) run by my pal Luke Johnson and I discuss the nature of fraud. I look at Sosandar (SOS) again and get really very angry (warning bad language alert), at FastJet (FJET), Telford Homes (TEF) and the folly of Government policy, Online Blockchain (OBC), and at Urals Energy (UEN) and the folly of the AIM Cesspit.

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945 days ago

Tom Winnifrith Bearcast - Versarien is 11p away

In today's bearcast I look at the idea of a bear market on AIM, Cenkos (CNKS) as its CEO walks (again), Versarien (VRS), Plutus Powergen (PPG), First Derivatives(FDP), Mysquar (FRAUD), Mayan (MYN) and Wolfe Minerals (WLFE). Due to a bit of a mix-up there are a newly available handful of tickets to next week's wine, canapes, Falanx (FLX) and Premaitha (NIPT) evening in London with me ripping Dominic Frisby apart on blockchain and bitcoin as a bonus. To grab your seat for 16 October book HERE

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972 days ago

TrakM8 AGM – another day another profits warning on the way

My long term bearishness about TrakM8 (TRAK) a company that issues misleading RNS’s, makes ludicrous acquisitions as it racks up its debts and never translates profits (a matter of opinion) into cash (a matter of fact, unless you are an AIM China fraud) is well documented here.  Of course,  Thirsty Paul Scott had cosy chats with the management and knew better than a "nutcase of the first order". Today the shares have tanked to a new multi year low after another dire statement.

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974 days ago

Tom Winnifrith Bonus Bearcast: More shameless ramping & sordid Leni-maths from Horse Hill & UK Oil & Gas - the real numbers don't stack up

Below you will find shameless ramping on twitter from David Lenigas and also a link to BMD's take on the latest shameful RNS from UK Oil & Gas (UKOG) on the "Gatwick Gusher." The language used in the RNS is misleading and what is served up offers no evidence at all that the shares are not grotesquely over-valued. Only a sordid festering boil on the side of AIM such as Nomad Roland "fatty" Cornish could have signed off on this tripe. There is lso a clear signal of m ore discount placings ahead with the appointment of bucket shop spivs Novum as co-broker. that means just one thing. All is explained in this bonus bearcast as I look at the real data offered not the Leni-maths.

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974 days ago

Elon Musk's biggest fan in Greece updates his facebook page - crime does pay for Costis the Globo fraudster

Elon Musk might be forgiven for thinking that few in the business community still lve him. But he does have fans. Step forward Costis Papadimitrakopoulos the founder and CEO of Globo (GBO) which raised tens of millions of dollars in debt and bvia issuing shares on AIM and claimed to have net cash but er... did not. It was a fraud and Costis took stacks of that cash and also sold all his shares before the balloon went up after being tipped off by snot gobbler Dan McCrum lof the FT. Anyhow Costis has been busy on facebook updating his profile last month as you can see below.

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978 days ago

Tom Winnifrith Bearcast; Disgusted by Conroy I am appalled by the Archbishop of Canterbury

I cover Conroy (CGNR) elsewhere but its the sort of seedy waste of space nonsense that makes me despair of AIM. And so i turn to a follower of JC, Archbishop Justin Welby. The JC I refer to is of course Jezza not Jesus. Welby's comments yesterday are so utterly wide of the mark, no wonder he leads a failing organisation.

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978 days ago

Conroy Gold – Share Talk - sordid ramping at the bottom end of AIM

Share Talk is a website that takes money from, usually, crap companies. It does not appear discerning. If you are a PLC with a cheque book come on down! It does not disclose its business model and it then provides what it terms “the Independent voice across social media” or what you and I would term sordid share ramping. Shares in Conroy Gold (CGNR) are up 30%today to 13p to sell thanks to such ramping. But before you get too carried away….

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979 days ago

Sefton Resources – Jimmyliar Ellerton shares confiscated, yours may be forcibly bought back

And you thought the pantomime was over… now unlisted and registered in the BVI the latest developments at Sefton Resources (SER) are, predictably amusing. When Sefton was booted off AIM it had 4.8 billion shares in issue. Until the other day it appears to have had almost 9 billion pieces of confetti in issue. But that is set to change.

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981 days ago

Tom Winnifrith Bearcast: Frontera, Andalas, Justin the fecking Clown, AIM really is a cesspit and I'm not sure I care anymore

Heck: maybe it is time to give up this game and become a goat-herd here in Greece after all. I despair at today's AIM Cesspit antics involving market abuser Justin the Clown and his employers at Vox markets who appear not to care, Andalas (ADL) and Frontera (FRR) as they all mislead investors who appear happy to be duped and to lose money as the bandits prosper.

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992 days ago

A Letter to AIM Regulation: Is SP Angel fit and proper to act as a Nomad (and should the FCA investigate it as well)

Enough is enough. Yesterday John Meyer, a senior manager and large shareholder in SP Angel went onto Justin the Clown’s podcast to ramp corporate stocks such as Blue Jay Mining (JAY) without declaring an interest – his employer earns vast fees from Blue Jay as its Nomad and broker. But this is the least of SP Angel’s crimes and I wonder if its conduct over Blue Jay and MySquar (MYSQ) is, if not blatant market abuse, simply bringing the AIM Casino into disrepute. I have written to Marcus Stuttard, the head of AIM Regulation, demanding an immediate investigation into whether SP Angel should retain its Nomad license.

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995 days ago

Strat Aero – a tacit admission that it will be out of cash within months

AIM Cesspit poster boy Strat Aero (AERO) has today announced that it has upped its stake in Gyrometric Systems Limited from 36.9% to 57.7% by issuing £273,000 “worth” of worthless pieces of confetti ( 23.8 million shares). Whoopie do.

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1005 days ago

Tom Winnifrith Bearcast: I have nothing against ripping off unsophisticated Aussies but...

In today's podcast I recount last night's suffering HERE but have a revenge on a millennial daughter involving Paddy Leigh Fermor planned for tonight. I look at House of Fraser going into administration, assisted by the Government, and what it means. I discuss the latest Tesla news, the issue of all sorts of market abuse and why nothing happens, Oilex (OEX) and ProPhotonix (PPIX) which really should not be on AIM at all.

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1022 days ago

Tom Winnifrith Bearcast: Hell's teeth Lucian says it is actually 33 miles! IQE - I smell panic & Rangers' Dave King Court date

Brokerman Dan has been replaced as the maps man on our Woodlarks Charity walk on Saturday. Perhaps we now know why in his former career he did not always get away. For it turns out that the walk is not 32 miles but 33. Lucian has mapped it out in full. Cripes. We now need just over £2,000 to reach our £20,000 target so if you have not yet sponsored me please do so HERE. Get us to target & I will shut up about it. In the podcast I look at IQE (IQE), Rangers FC and another date in court for Dave King, Thirsty Paul Scott not understanding what research means & wanting me not to cover Sosandar (SOS), Cenkos (CNKS), ADVFN (AFN) and Online Blockchain (OBC), Highlands Natural Resources (HNR) and Fishing Republic (FISH) which, I think, is AIM toast in waiting 

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1032 days ago

Video UK Investor Show City Event - Tom Winnifrith in conversation with Nigel Wray

We ended the first  Uk Investor Show City event with  a conversation between myself and Nigel Wray covering a long time fave he has sold, a new AIM company he is backing, Brexit and much else. We also took questions from the audience. 

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1049 days ago

Crack out the Ouzo at Sheriff of AIM Towers: Fastjet shares crash as potentially terminal cash crises emerges – feck you Citigate

I guess the journalist smearing bastards at Citigate Dewe Rogerson might be about to lose another retainer. Their response to my probing of the financial woes of their poxy client FastJet (FJET) was to threaten and smear me. Fuck you Citigate. Now Fastjet has ‘fessed to just how grim things are. It could be tits up time by the weekend. Crack out the ouzo, let’s celebrate. I shed no tears for a company that stands by the actions of scum like Citigate. And I warned shareholders often enough what financial fate lay in store for FastJet.

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1084 days ago

Magnolia Shocker - to delist from the AIM casino - why is the board not being sacked?

I have repeatedly warned against investing in Gavin Burnell of Globo infamy creation Magnolia Petroleum (MAGP). Drowning in debt, burning cash and paying vast sums to CEO Rita Whittingham and her ghastly relatives on the payroll this is a dog. Today the company says that it is going to try and sell some of its (crap) assets and to save £100,000 it will delist from AIM. It could save far more by firing its deadwood staff. The shares have plunged 65% and are now just 0.6p to sell. But you should sell. SP Angel guru, the City's No 1 oil analyst Zac "The Knife" Phillips sums up this farce perfectly.

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1085 days ago

Tom Winnifrith Bearcast - another first, brought to you from Athens Bus Station

Yes, this is the place where many AIM CEOs are not fit to run the public toilets. What better place to record? Excuse the background noise. Yes I am back in Greece - I kept that a secret - and have today door-stepped Folli Follie at its lavish HQ camera in hand. It was an experience. Thank god I had a burly Albanian in a car with a motor running parked down the road. In this podcast I discuss Andalas (ADL) which is still not coming clean and is a prize dog, Roger Lawson with whom I have a good chat last night and who does not trivialise hate mail and R4E (R4E) whose results statement is er.. a mixed bag for we loyal shareholders.  PS If you appreciate my bravery and dedication GO SPONSOR ME FOR £10 NOW HERE

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1096 days ago

UK Investor Show 2018 Video - Patrick Birley of NEX Exchange

 NEX is a rival to AIM. Surely there has to be a better way than AIM? Patrick Birley explains all. 

 

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1102 days ago

UK Investor Show 2018 Video - Roger Murphy of African Battery Metals

Yes this was Sula and the drill programme did not work out. Rather than carry on flogging a dead horse while drawing a vast salary as many AIM CEOs would have done, boss Roger Murphy changed the name  to African Battery Metals (ABM) and the focus while he stgill had cash at hand. He explains what comes next in the video below.

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1105 days ago

Tom Winnifrith Bearcast: Who sent me the lawyer's letter and suspending disbelief (pro tem) on Tesla, Telit & Purplebricks

The lawyer's letter? I must keen you in suspense as I discuss with my lawyers how to respond so you can still vote on who sent it HERE. I also chatted today to Lucian about three slam dunk shorts: Telit (TCM), Purplebricks (PURP) and Tesla (TSLA). Or are they slam dunks? Might disbelief be suspended forever.? I then look at Photonstar Led (PSL) at Conroy Gold (CGNR) and at how AIM gives capitalism a bad name by not letting bust companies such as Andalas (ADL) fail.

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1106 days ago

Uk Investor Show 2018 Video Peter Bird of Asiamet Resources

Asiamet (ARS) has been one of the AIM wonder stocks of the past year. Peter Bird explains why the good times will continue. Enjoy.

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1106 days ago

UK Investor Show Main stage speaker Dr Johnny Hon on China fraud with Tom Winnifrith Cameo

I rather wondered what Dr Hon of The Global Group would say about China fraud on AIM but what he said was pretty explosive, exposing those within the City who quite deliberately and systematically broke Chinese rules to allow frauds to float in London. This was great stuff because the scandal is that those who did this still operate in the City today. I make a cameo appearance at the end. Enjoy.

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1106 days ago

UK Investor Show 2018 Video: Bruce Leith of Tern

Tern (TERN) is, of course, the bete noire of our own Nigel Somerville. It has also be THE AIM wonder stock of the past week. So what exactly did Bruce Leith say at UK Investor Show. Enjoy.

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1108 days ago

Breaking - worthless joke company Andalas Energy raising up to £1 million at 0.017p & junking Asian focus: statement needed at 7 AM

With all the usual rampers including the infamous Big Gib, invited to participate, I can reveal that worthless piece of crap AIM Andalas  (ADL), currently 0.019-0.02p, is endeavouring to raise up to £1 million at 0.017p. Methinks there is now going to have to be an emergency RNS at 7 AM. For the story gets even more interesting...

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1110 days ago

UK Investor Show 2018 Video: Kerim Sener of Ariana Resources

Kerim Sener is the founder and CEO of AIM listed gold producer and explorer Ariana Resources (AAU). He is one of the nicest and most honest guys on the market and I think Ariana shares are cheap. To see what he had to say at the UK Investor Show 2018 watch the video below. Enjoy!

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1135 days ago

Tom Winnifrith Bearcast: the investment case for gold and two shares I am likely to buy next week

Tomorrow is the birthday of the Mrs so there may not be a bearcast. If not I shall be back on Wednesday morning ahead of a flight to New York on Global Shorting Conspiracy business. In today's podcast I look at why gold like my Wisdens is an investment. Then I discuss two shares in AIM stocks which, for very different reasons, I am considering buying next week and I'd like to thank one of my colleagues for - perhaps - giving me a chance to do so very cheaply. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH

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1135 days ago

Toff Tory Tim Yeo to go to court for £20m alleged AIM malfeasance - ring any alarm bells Sir Henry Bellingham MP of 3DM and Pathfinder infamy?

The Sunday Times reveals that slimeball ex Tory MP Tim Yeo* and four other former directors of now bankrupt AIM duffer TMO Renewabales face a £20 million court claim from administrators Duff & Phelps. I do hope that Tory Toff Sir Henry Bellingham MP of 3DM infamy and Nick "Not for the Many but for the" Trew of Pathfinder Minerals (PFP) read the piece.

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1141 days ago

Cloudtag's Amit Ben Haim caught lying again - the cheque's in the post (honest!)

Hat tip to reader A for bringing my attention to an industrial tribunal which shows Amit Ben Haim, the CEO of the fraud Cloudtag (CTAG), which was booted off AIM last year, caught lying blatantly. Amit...your pants are on fire.

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1143 days ago

Tom Winnifrith Bearcast: Yes we are in a bear market but don't panic and the Winnifrith Rule AIM must introduce for EGMs

I look at a Winnifrith Rule AIM must introduce for board outsing EGMs ref Pathfinder (PFP), Magnolia (MAGP) and Conroy (CGNR) and I look at why we are in a bear market but why I'm not panicked. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH

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1145 days ago

Tom Winnifrith Bearcast - Will Jim Mellon's PR man say sorry for chewing my ear off over the Condor spoof - vindicated today

On 6th December I said that a token share purchase by Jim Mellon of shares on Condor Gold (CNR) was a spoof as it was so small for Jim. Moreover Condor was running out of cash and would do a placing within months. Mellon's PR man chewed my ear off. Well hey ho today there was a placing.  A pattern of such spoofs and a subsequent placing has continued. Will I get an apology?  I also look at lessons from Flybe (FLYB) and the non bid, at Fevertree (FEVR) director share sales, at UK Oil & Gas (UKOG) which is also spoofing, 13 Energy (13E) - "you say it best when you say nothing at all " - R Keating.  Then I look at uber dog Golden Saint Resources (GSR) which is leaving AIM and says it wants to go to the Standard List. Lucky Standard List. I also mention our share purchase of more Optibiotix (OPTI). If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH

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1147 days ago

UK Oil & Gas - forced into statement - don't these A'holes give a FF about AIM Rules?

At 10.38 AM today I published a photo showing that UK Oil & Gas (UKOG) was clearly stopping drilling at Broadford Bridge.  The company should have issued an RNS this morning to say this was happening but what does Lyin' Steve Sanderson care about timely disclosure of price sensitive information?

At 2.25 PM UK fessed up stating: 

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1147 days ago

Green & Smart - AIM investors robbed again

Green & Smart (GSH) a biogas company from Malaysia is the sort of dog with fleas that has helped to make the AIM Casino the world's most successful growth market. In second place is the Upper Volta bitcoin exchange. Announcements over the past few days are a scandal but, as ever, no heads will roll.

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1147 days ago

Will anyone at Nomad FinnCap pay a penalty for its part in the massive Constellation AIM fraud?

FinnCap likes to tell us that it is one of London's leading Nomad's. Okay lets overlook the Silverdell scandal where it insisted that it did nothing wrong as the company misled investors who then lost all their money but how about Constellation Healthcare? This may be off your radar as this company delisted from AIM in January 2017. But this is a massive scandal.

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1155 days ago

Servision admits that shareholders are fecked, another vindication for the Sheriff of AIM

With its shares suspended pending clarification, long time aggressive accounting, cash guzzling, AIM uber dog Servision (SEV) has updated those dumb enough to hold its shares, despite all the warnings here, about the slide into the abyss.

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1160 days ago

Andalas, Alan Green's podcast and the shitty bottom end of AIM sleaze

Andalas Energy (ADL) should be issuing a statement about its own solvency and other matters flagged up HERE. This company, as it stands, is insolvent. But this is AIM so instead....

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1170 days ago

Hemogenyx shares soar 117% after two tweets - is this the new RNS? Surely this is a bit naughty

Is @HemoGenyx the corporate account of HemoGenyx (HEMO)? Sadly PR poltroon Paul "Queenie" McManus of Walbrook and pouting brokerette Lucy Williams of Peterhouse have yet to return my calls as I pose this question. But since the lamentable Walbrook has tweeted directed to @HemoGenyx in the past they are either complete idiots (well they are) or that is all the confirmation one needs. Which makes the last two tweets on this account all the more outrageous. You can see them below. Bear in mind there has been no supporting RNS.

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1171 days ago

BREAKING: African Potash - lawyers letter to Nomad Cantor Fitzgerald is incoming!

It does seem like this is dragging on but the class action group of shareholders in what was AIM listed African Potash (AFPO) seeking compensation from Nomad Cantor Fitzgerald for allowing untrue RNS statements to be issued, seem on the verge of actinn.

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1188 days ago

Is this an early April fool video: The fraud Cloudtag is getting into blockchain?

Remember the fraud Cloudtag (CTAG), booted off AIM after its Nomad quit after it told just one too many total lies? Perhaps this is a spoof but it seems that fitness bands are not the place to be, Cloudtag is getting into blockchain. Natch! 

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1198 days ago

Strat Aero, chairman, CEO and Chairman & founder walk plank, training unit canned just six weeks after open offer

Surely this is putting the cart before the horse. On 13 December long term,, AIM uber dog Strat Aero (AERO) launched an open offer to raise up to £510,000 at 0.035p ( to complement a £590,000 placing at the same amount. The offer was 81% taken up. Today came the bad news...

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1198 days ago

Tom Winnifrith Bearcast: Bruno Brooks, those 17 f*cks, Anthea Turner and today's RNS nonsense

Yes indeed it is THAT Bruno Brooks, the one who was shagging Anthea Turner, etc, etc. who runs AIM uber dog Immedia (IME). I explain why its RNS today is the biggest F*ck of all. I also explain why no article on Julie Meyer today - I've been too busy cooking and serving poisonous pizza NOT! Then I look at Defenx (DFX) in some detail before having a butchers at another Neil Woodford dog Utilitywise (UTW).

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1199 days ago

Lenigas pal Yusuf Kajee of Afriag Infamy - Turn to pages 97,125,182 - ooh you are awful

This is not the bombshell revelation about a high profile AIM promoter I promise for today. That will be later. But just for fun....Have you read the new book by South African investigative journalist Jacques Pauw? "The President's Keepers." 

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1207 days ago

Tom Winnifrith Bearcast - Follow the Bear - top ten shorts reviewed & the sins of KPMG

In today's bearcast I take inspiration from Roger Lawson looking at the sins of KPMG at Carillion (CLLN) and EMIS (EMIS), not to mention Quindell (QPP). What to do?  I look more at Dignity (DTY) and conclude that - having examined numbers from Beyond - the company is fecked. I look at the dumbest snowflake financial journalist going - natch he works for the Daily Mail. And I wonder should one follow the bears, I review the most shorted stocks on AIm and the main market including IQE (IQE), Debenhams (DEB) and Telit (TCM) 

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1224 days ago

Tom Winnifrith Bearcast - taking on a company whose shareholders are some of the most moronic of morons

In today's podcast I spend a lot of time looking at Pantheon Resources (PANR) - when is the next bailout placing? I make wider observations about this sector. There is then a direct challenge to Mileestone (MSG) about Lyin' Larry and to its Nomad Cairn Financial. I then look at Mila (MILA) and MySquar (MYSQ) commenting on how some AIM CEO's groom BBMs like peadophiles groom their victims. Sam Antar has made the same analogy . It is all about gaining trust.  

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1246 days ago

UK Oil & Gas plays fast and loose with AIM disclosure rules AGAIN

At no-one is warching O'clock yesterday, 5.17 PM, Uk Oil & Gas (UKOG) announced that the fourth £500,000 tranche of death spiral loan notes had been converted into shares. Once again it was sticking two fingers up to AIM Regulation with regards to timely disclosure.

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1247 days ago

Sula Iron & Gold - website issues gents?

Sula Iron & Gold (SULA) appears to have done a transformative deal on Friday. I have asked Gary to have a butchers at what is now a cobalt play as I am too thick to understand it. I am a mere shareholder. Meanwhile its corporate website at http://www.sulaironandgold.com/ appears to have some er...issues. Im not sure this is fully compliant with AIM Rule 26. What do you think?

 
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1254 days ago

I know a company on AIM where there is insider dealing taking place today - does anyone care?

A company on AIM received a bid approach late last week. I was made an insider on late Friday and have not told a soul or traded a share. So I know it has had a bid, the company and its advisers know and someone else knows too. 

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1256 days ago

Tom Winnifrith bearcast: this time Neil Woodford is only talking 50% bollocks but what about Brokerman Dan on Ascent you ask?

The publicity hungry, failing, fund manager Neil Woodford is all over the papers. On the markets he's right ( and bearish) but when discussing his own (failing) funds he is talking utter bollocks and I explain why. Brokerman Dan (Levi) has formed a shareholder action group on Ascent Resources (AST). I discuss his case against them and make a few suggestions to the company. I comment on R4E (R4E) on the disgraceful behaviour of Pathfinder Minerals (PFP), look at RM2 (RM2) and then finally at Sabien (SNT) which look either to be on the brink of a last gasp fundraise ( at a more than 99% discount to the IPO price) or of insolvency. In the same breath I mention Inspirit (INSP), another AIM boiler room dog that should be shot.

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1263 days ago

Missed out on the Globo fraud fear not Gavin Burnell is backing another wannabe AIM "winner"

Some folks have no shame. I talk not of serial promoter of dogs and frauds Gavin Burnell but of AIM Regulation who are allowing another Burnell backed "winner" to list. The high point of Gavin's career was of course Globo which he brought to AIM via an RTO, where he was a very well paid NED, made a killing selling shares and which was then exposed as a fraud HERE and went bust within 72 hours. Of course Gavin did nothing wrong. The CV gets better

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1267 days ago

Chris Oil brings honesty back to AIM - number of twitter followers 2,787 to 46,300 in just 5 days!

As I noted earlier the fantasist Chris Oil has returned to twitter as a result of "exceptional demand". And as you can see he wants to take AIM back for the "good of honest investors". Great Chris. we wish you well and it is good to have someone as honest as you fighting the good fight. I see that I am not alone in holding that view. Last Thursday, according to twitter counter he had just 2,787 follower. Wind forward a few days...

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1267 days ago

Strat Aero signs "Significant commercial agreement" - really? But what about the looming insolvency?

Today's pre-placing ramp is for serial offender in this regard, Strat Aero (AERO). The totally insolvent AIM dog boasts that it has signed a "significant" Commercial Agreement with Alnahdi Aviation Technology , experts in aviation technology in the Kingdom of Saudi Arabia to collaborate on establishing a UAV Training Centre in the KSA." Fab. So how much will this bring in? Er...

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1282 days ago

BREAKING: Three rats desert the sinking fraud ship that is African Potash - but when did they jump? Oh dear...

On 25 October the fraud African Potash (AFPO), now listed on the NEX lobster pot having been slung off AIM, managed to raise £60,000 gross (call it £45,00 net) at just 0.06p to keep the lights on. It is still drowning in liabilities and clearly insolvent. Hey ho, wind forward 12 days to today....

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1284 days ago

Tom Winnifrith Bearcast: I really want to be sick, no I am not joking

No I really want to be sick. The day started so well with Joshua, myself and more fit young mums making a paper image of Colin the Dog. But then I just got sick so hence the lack of content from me today. After this podcast goes up it is back to bed. On bear cast today a demolition of minus 99.5% lifestyle company Arian Silver (AGQ), 13 Energy (i3E), today's spoof from Magnolia (MAGP), a "fucked if I know" response from me on R4E (R4E) - a share we own - and a look at today's dire news from one of Jim Mellon's many AIM dogs FastForward (FFWD).

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1289 days ago

Echo Energy shares suspended after no insider dealing on AIM, honest guv!

Shares in uber-ramped Echo Energy (ECHO) were suspended today after a sharp share price move on Friday forced an admission from the company. Hmmmm, heavy share dealing just before a big announcement. But this is AIM, the world's most successful growth market so that is just a total coincidence just like it always is on the casino. Move along gents..nothing to see.

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1290 days ago

Tom Winnifrith Bearcast: Our big LONG play for the year is coming back & worrying about Malcolm Stacey

This is a two part bearcast. In part one I discuss what is the biggest single investment we have made for a couple of years which comes back to the market this week. I explain why I am excited and why we have gone in big. Then I pick up on Malcolm Stacey's article yesterday on Day Trading. A) Don't do it and B) why this is one of many signs that remind me of the latter stages of the 2001 bull market. I recount my failings as a whistleblower then and why I am so depressed by the sordid antics of today's AIM

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1293 days ago

Tom Winnifrith Bearcast: No fit young mums today so Cloudbuy - how much cash is left?

Sadly it is half term so that weekly treat with Joshua is postponed for another seven days. Instead I look at Magnolia Petroleum (MAGP) as its shares hit new all time lows: boy that share consolidation worked well did it not? Then it is onto Challenger Acquisitions (CHAL) which is utterly fecked but why is boss Mark Gustafson not filling his boots with shares at 1p when he bought so ostentaiously at 20p+?  Then it is onto Cloudbuy (CBUY) which needs to fess up on its cash position, or rather lack of it. En passant I cover the spoof at On Line (ONL) and also revisit my earlier piece on AIM going underground.

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1293 days ago

The Underground World of AIM - Why a top broker has it a bit wrong

A top broker, who shall remain nameless, has this morning had a go at AIM regulators. His ire is prompted by a meeting in a pub where Berkeley Energia (BKY) presented to retail investors. It was by all accounts packed which, since I am a loyal shareholder, pleases me. But I just do not understand what is wrong here.

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1295 days ago

Can we buy you a drink? Says Berkeley Energia

I like Paul Atherley of Berkeley Energia (BKY). He is honest, likeable and capable and runs a company that looks very interesting indeed - yes we have a few shares!. That puts him in the 1% as far as AIM bosses go. And so here is a message he put out today,. If you are bored and fancy a drink next week and happen to be in the hell hole that is London...what Paul says in their message should get you excited about his company. Over to Mr Atherley...

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1295 days ago

BNN - PWC Report & Whitewash: on AIM wholesale wrongdoing does pay

On 4 September shares in AIM listed China, er.. investment, BNN Technology (BNN) were suspended as the FD quit making serious allegations about founder and CEO Darren Mercer and CEO of China Ops Wei Qi. Today came the whitewash. Remember that shareholders not the board own any company.

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1300 days ago

Well spotted Roger Lawson - The Sharesoc man inadvertently discovers some big red flags at Rosslyn including a looming profits warning

Roger Lawson of ShareSoc bought a few shares in Rosslyn Data (RDT) as a recovery punt in a placing. That he was able to get EIS relief added to the attraction although I still worry he will lose money on this company which I have highlighted many times (HERE) as a howling dog even by the standards of AIM. Lawson attended the AGM yesterday and reports back on what appears to have been a curate's egg in his mind. I think he is being well generous.

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1300 days ago

Tom Winnifrith Bearcast - if Jersey Oil & Gas needs a 15-20% discount, what price the UKOG placing?

I cannot blame Jersey Oil & Gas (JOG) for raising £20 million today. It's the smart move. But if it has to offer shares at a 15-20% discount when it's on a roll what sort of discount will UK Oil & Gas (UKOG) have to offer as it seeks to raise £5-10 million with things going badly wrong? I also look at MySquar (MYSQ) after today's article that proves FRAUD. What is not allowed on AIM these days? Would complicity in mass murder be a problem? I give up.

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1300 days ago

Chapter & Verse: How MySquar committed securities fraud on July 31 using related party companies

It is clear that Nomad SP Angel does not care if its client MySquar (MYSQ) issues lies via RNS and it has not bothered to ask the one question that would show very clearly the Securities fraud committed by its client on July 31. It is a sorry state of affairs and I shall be writing to AIM Regulation and to the chairman of the LSE later to ask that SP Angel's license be revoked as it is clearly not fit and proper to run a public lavatory let alone be a Nomad. But now for John Meyer and his fellow dullards at SP Angel here is how your client defrauded investors.

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1300 days ago

Tom Winnifrith Bearcast: The Horse Hill Maths that just don't stack up for UKOG and that $15 million placing by Cornhill "outed"

On the agenda today as I prepare for my weekly coffee morning with my baby son Joshua and the fit young mums is: Andalas (ADL) a joke broker note, MySquar (MYSQ) another RNS which is all smoke and mirrors and a desperate attempt to prop up the shares but SP Angel refuses to force the company to come clean on the lies in the last RNS and the fraud. Pathetic. I look at Interserve (IRV) and its latest dire news. We did warn you. I "out" the company that was truing to raise $15 million via Cornhill yesterday. I look at former ZAI clients whose days on AIM are numbered and finally I read across from yesterday's Horse Hill trade involving Regency (RGM) and Alba (ALBA) to show just how monstrously overvalued is, out of cash and desperate to place,  UK Oil & Gas (UKOG) 

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1300 days ago

Why an ASA complaint is such a major red flag - case study Sabien

Natch the AIM listed uber dog Sabien (SNT) never got around to mentioning it but, like Purplebrikcks (PURP) today, it was censured by the Advertising Standards Agency, ASA, back in January 2013. Good companies just do not need to mislead clients.

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1301 days ago

Tom Winnifrith Bearcast: Another slam dunk lie in the MySquar trading statement - time for correction number 2

Oh dear, oh dear. This is pretty simple maths although clearly beyond the wit of clueless Nomad SP Angel but in this podcast I demonstrate clearly another slam dunk lie in the MySquar (MYSQ) trading statement of last week and corrected version of this week. Time for another correction? But it gets worse. I remind you of what SP Angel needs to establish to show that MySquar only breached AIM Rules rather than committing wholesale fraud (ref July sales) but now suggest that its claims re September comparatives might bear scrutiny as well. And there are some very fishy rumours coming out of Singapore that SP Angel might consider as it decides whether to quit or not.  I move on to cover Paternoster Resources (PRS) after its latest bad news and explain why its NAV is illusory and then ask readers for help in outing which oil & gas stock Cornhill is raising $15 million for today at a discount of 12% to some share price or another.

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1302 days ago

FRAUD: MySQUAR fesses up to error in profits warning but still will not answer the big question re FRAUD

What on earth is clueless Nomad SP Angel thinking? Its client MySquar (MYSQ) last week issued a (lack of) profits warning which means that it has either committed securities fraud or merely a massive breach of AIM Rule 11. Investors need to know what its sales were in July (as opposed to the July-September average given) in order to know how bad this will be. I have pressed SP Angel to force a statement and indeed the retained broker Beaufort has - to its enormous credit - also pressed but instead...

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1304 days ago

Tom Winnifrith Bearcast - I agree with Luke Johnson on shite small cap research

I start with a look at the poverty of small cap coverage in the Sundays but then in general. Just where can you get quality objective material on AIM shares? Then responding to Malcolm's what he looks for in shares to buy, I go through a good look at what I look for in shares to avoid or short.

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1305 days ago

Milestone is worthless: sell

Nigel Somerville raises a red flag about AIM uber dog Milestone (MSG) HERE but is too nice a guy to point oiut just how worthless and overvalued this crock is. I am not so nice.

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1305 days ago

An Open Letter to SP Angel, Beaufort Securities and AIM Regulation re shamed MySquar

I have written a letter to Nomad SP Angel, broker Beaufort Securities and the oxymorons at AIM Regulation re shamed MySquar (MYSQ). Has it committed a massive breach of AIM Rules or Securities fraud or both and will anyone do anything about it. The letter follows:

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1305 days ago

Exclusive: AIM Kills ZAI as a Nomad - the full story the LSE is desperate you do not hear

At 5.45 PM yesterday Denzil Jenkins of the AIM Regulation team called Nomad ZAI. No-one answered so he left a message on its answerphone informing the Nomad that it was to lose its Nomad status at 6 PM that day and that its clients would be contracted at that time with the news. Jenkins followed this up with an email saying that ZAI could appeal but when you are going to lose all your clients what is the point? In fact the events of yesterday are just part of a story which shows AIM in a terrible light as a secretive and oppressive body covering its own failings with scapegoating and showing no regard for natural justice or any sense of fairness.

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1306 days ago

MySquar (target price 0p) - let's work when the cash runs out

The first pressing issue with MySquar (MYSQ) is whether it has committed securities fraud or merely driven a coach and horses through AIM Rules or both. I hope that either SP Angel or Beaufort will force it to reveal July sales numbers to give us an answer. The next question is when does it run out of cash? Here is my best estimate.

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1308 days ago

Breaking: Central Bank of Ireland calling in witnesses in Conroy Gold Enquiry this week as ESM quote surrendered

It is bad enough that Conroy Gold & Natural Resources (CGNR) faces a potentially massive stock overhang as it tries to arrange a placing to pay the bills but it is now facing an upping of the regulatory ante. Perhaps that is why Conroy has today announced it is surrendering its joint quote on the ESM and being listed on AIM. Or maybe that is just to save cash?

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1308 days ago

Conroy Gold : Just how little cash is left: potential 28% stock overhang and its placing ahoy (again)

I forgot to ask one big question at the Conroy Gold & Natural Resources (CGNR) GM on Friday - when is the next placing? But before we come to that - and the answer must be soon - there is a little matter of possibly the biggest stock overhang on AIM. The TR1's are flying thick and fast.

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1308 days ago

When is stealing $2.4 million not a sackable offence? When you are chairman of an AIM company of course!

Well it is now official. It is perfectly acceptable for the chairman of an AIM listed company to take $2.4 million of a company's cash without permission. You and I would call taking someone else's (that is to say shareholder's) money theft or stealing. But on AIM it is simply an unauthorised loan. Pas de probleme mes amis!

Welcome to the world of Mytrah Energy (MYT) which has announced:

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1313 days ago

Photo Article - Teeling Distillery Dublin ( Bearcast on tour)

You may know John Teeling from a host of small AIM stocks like Botswana Diamonds (BOD). But his real passion as been his whiskey businesses. I should say that my friend and comrade in veterans rugby is a non drinker. The Teeling distillery in Dublin is just two years old and is actually managed by John's two sons but the old man takes a massive fatherly interest. I recorded a bearcast in the offices there on Friday but also had a tour of what is a working distillery. You can too and if you are in Dublin I'd recommed it big time. I sould declare that Jon did not try to bribe me with any free samples. But it is never too late and he has my address..

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1314 days ago

BREAKING: Conroy Gold & the evil Prof try to rig GM by illegally adding shares to voting list

At 2 PM yesterday, Capita Registrars signed off on a shareholder list at that point as being those who could vote at Friday's GM called to oust fat cat bosses Professor Richard Conroy and his henchwoman Maureen Jones from Conroy Gold & Natural Resources (CGNR). Shortly before 2 PM the Professor called Capita and added 500,000 shares to the register - probably enough to swing the vote. What he has done is wholly illegitimate and must be reversed at once if Capita, Nomad Allenby and AIM Regulation give a damn about their own rules and common justice.
 
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1316 days ago

Oi Milestone now tell us about that missing £1.25 million

Having correctly predicted that useless AIM rule breaking Deborah White would get the order of the boot as CEO of Milestone Group (MSG) my first question for her temporary replacement Tony Sanders is whatever happened to the missing £1.25 million?

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1318 days ago

InternetQ - what are the dodgy bubbles hiding now - accounts overdue....

In December 2015 from my winter base in Greece I ran a series of articles, starting from Athens with Love, which, I believed, quite clearly showed that the Greek, AIM listed company InternetQ (INTQ) was a fraud. Specifically I demonstrated that its music streaming business Akazoo was a sham. The company denied this and in the end its boss Panagiotis Dimitropoulos and fund manager Tosca paid c£20 million to buy out minority shareholders and take InternetQ private. It is now called Akazoo Ltd. The Sheriff is still on the case.

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1326 days ago

Breaking: Regulatory Censure for Jason Drummond of Teathers infamy

The following censure of Jason Drummond of Teathers (TEA) infamy is damning. It relates to his time at Media Corp (MDC) an AIM disaster story ending in bankruptcy. I think it is fair to say that Jason will not be sitting on any more AIM boards after this.

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1330 days ago

BREAKING: Purplebricks fascist lawyers letters backfire as it's blocked from AllAgents.co.uk

With 300,000 reviews, AllAgents.co.uk is the UK's largest independent site for independent reviews of Estate Agents by Customers. It has just taken the unprecedented step of not allowing Purplebricks (PURP) reviews because the AIM listed company was trying to "game" the system by using fascist lawyers letters. That tactic has now backfired in a spectacular fashion.

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1331 days ago

BREAKING - Nyota no RNS as it may yet be saved despite AIM incompetence

Nigel Somerville asked yesterday why Nyota (NYO) had not been booted off AIM having lost the services of its Nomad, Roland "fatty" Cornish. There has been no RNS so far but here is what is happening.

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1337 days ago

BREAKING: Deborah White the rule breaking useless boss of Milestone to be out by the weekend

Deborah White should have been fired as boss of AIM uber-dog Milestone (MSG) so many times. The company has been a serial non deliverer, shareholders have lost nearly everything and Debs has made out like a squealer being amply rewarded for her abject failure. Then last Autumn was the crime that should have seen her go to jail

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1342 days ago

Tom Winnifrith Bearcast: Audioboom, the Bulletin Board oil analysts - more folks to run the lavs at Athens bus station

I covered the Interquest (ITQ) scandal in a separate bearcast HERE. If you like bad language or tales of AIM wrongdoing you will love it. Elsewhere I look at the latest utterly meaningless trading statement from Audioboom (BOOM). Why is its CEO Rob Proctor so averse not only to defending free speech but also to handing out metrics that actuially mean anything. He is another man for the job of lavatory attendant at the Athens bus station. And BTW this company is going to run out of cash AGAIN. I also look at Havelock Europa (HVE), UK Oil & Gas (UKOG) and 88 Energy (88E). Now SIGH UP FOR A HOT SHARE TIP FREE HERE NOW! 

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1345 days ago

Sign the Petition and get Jim Mellon's AIM dog Condor Gold put out of business

Social Justice campaigners SumofUs have taken on mining giants before and, as Newmont discovered, won. Now the campaigners want perennially cash strapped AIM dog mining minnow Condor Gold (CNR), which is backed by my old friend Jim Mellon, stopped from abusing and bullying Nicaraguan peasants as it tries to develop the low grade La India mine. 64,467 folks (including me, sorry Jim) have already signed the petition. SumofUs does not hold back in its critique...

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1359 days ago

A Broker warns you on Bushveld... they do it with mirrors

Once again I return to the subject of the company on AIM with the stupidest bunch of shareholders. The auditors of Bushveld Minerals (BMN) have stated explicitly that the company needs to raise fresh equity to avoid going tits up but shareholders respond by saying "how often have auditors got it wrong?" and a range of other excuses. They just do not get it at all, it is placing ahoy. Now the company has news today which the morons who own this stock seem to think is good. Ina private email this morning a top City broker put it thus:

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1359 days ago

New Telit Boss macho Yosi Fait in Leather Man action - caption contest

Do you think Yosi got the machine below from Telit's (TCM) Vietnamese distributor of Internet products? In light of today's article on the former FD of the AIM fraud du jour, now its CEO, perhaps you can supply a suitable caption in the comments section below - deadline midnight Monday 21st. If you want more photos of burly men in leather check out Yosi's facebook page.

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1360 days ago

Bushveld - here's why your 27% stake in Vametco won't generate a cent of cash for the PLC this year and next - placing ahoy

.Bushveld Minerals (BMN) shareholders, aka the dumbest fucks on AIM, are still largely in denial about the fact that a major placing is imminent. This is because they do not understand the difference between profit and cashflow or indeed much else about basic accounts. I will try again. Owning 27% of a company with modest EBITDA (bullshit earnings) is not the same as having a source of cashflow. In fact I bet you an ounce of Vanadium that Vametco will not generate a free cent for Bushveld this year or next.

Of course our starting point is HERE. The auditors noting that AS AT MID AUGUST 2017 the company needed to raise fresh equity pronto to keep the lights on. 

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1360 days ago

New Telit Boss macho Yosi Fait in Leather Man action - caption contest

Do you think Yosi got the machine below from Telit's (TCM) Vietnamese distributor of Internet products? In light of today's article on the former FD of the AIM fraud du jour, now its CEO, perhaps you can supply a suitable caption in the comments section below - deadline midnight Monday 21st. If you want more photos of burly men in leather check out Yosi's facebook page.

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1362 days ago

A letter to the chairman of the London Stock Exchange - why no independent review of the Telit fraud?

You may remember that at the last AGM of the London Stock Exchange (LSE) its chairman,, Donald Brydon CBE, 'fessed up to being a ShareProphets reader and as we chatted afterwards he came over as a thoroughly decent man. But he has, yet again, been failed by his minions in their handling of the biggest AIM fraud of the year, so far, Telit (TCM). Lowly gofers such as the head of AIM Regulation, the fake Sheriff Mr Marcus Stuttad,  have allowed Telit to avoid any independent scrutiny of its accounts & business practices despite clear evidence of fraud. That has to change and maybe Brydon will push for that. I have sent him a letter.

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1362 days ago

AIM Dog Servision: another warning and it is death spiral and dilution frenzy ahead

When serving up god-awful FY numbers on deadline day ( June 30th) it was shown that uber dog Servision (SEV) had serially misled investors and indeed told outright lies over the prior half year. Rover also served up its second profits warning in two weeks with the god-awful numbers and 'fessed up "Our working capital position is tighter than we anticipated" - I should cocoa. Today it got worse.

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1363 days ago

Andalas Energy: Open letter to FCA & AIM Regulation - Market Abuse & Breach of AIM Rules

I am deeply troubled by events at AIM uber dog Andalas Energy (ADL) on Monday afternoon. This is a company that has form when it comes to breaking AIM Casino Rules but on this occasion it is the advisers at Cantor Fitzgerald, whose actions have alreday cost some folks 50% of their money, who should be hung, drawn and quartered. Sadly we have gone soft on crime but at least they should be clobbered by the FCA for market abuse and AIM Regulation for breaching AIM rules. I have sent a letter.

To: The FCA, AIM Regulation & Marcus Stuttard

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1366 days ago

Telit - Oozi "resigned" the board the Boston fraudster appointed says no PLC fraud but FinnCap declines to agree

Telit Communications (TCM) is spinning hard to suggest that all is well despite its founder, CEO and largest shareholder Oozi Cats being"resigned" today. It started by planting today's RNS in the ever pliant FT yesterday afternoon - the paper of record is now the mouthpiece for fraudsters wanting to spin a line. The timing of that FT plant now exposes the lies of today.  Now comes the formal statement and it does not wash at all and begs massive questions which are just not answered.

So here is the statement with each comment from The AIM fraud du jour followed with my comments in bold.

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1368 days ago

Telit Communications: what the bears saw, it's about the balance sheet stupid

After my earlier story about the covenant breach which is, I am increasingly sure, a smoking gun, I explore some trends shown by the financial statements of Telit Communications (TCM) that may have been some the red flags that resulted in hedge funds making Telit the most heavily shorted AIM company - this is all about the balance sheet. It also highlights why some type of fund raise, equity or debt, was almost inevitable in May - without it the lights would have been switched off by now.

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1370 days ago

Lucian Miers chats to US Marshalls Office Massachusetts - Katz case not closed - a most generous offer to Telit boss

As followers of Naibu (NBU) know there is nothing stopping the CEO of an AIM listed company being in prison while remaining in office. After all this is the world's most successful growth market and the head of the Oxymorons at AIM Regulation, Mr Marcus Stuttard, really is a top banana. As such fans of Telit Communications (TCM) will not worry a jot about this bombshell from infamous bear raider Lucian Miers, the Bard of the Boleyn.

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1371 days ago

Telit IPO Document 2005 - Note 6.7 care to comment Uzi, I mean, Oozi?

The 2005 flotation of Telit Communications (TCM) will - with hindsight - be seen as yet another badge of shame for AIM, the casino which laughably brands itself as the world's most successful growth market. Until 2004 the CEO of Telit & the companies it bought was, in official documents such as THIS, calling himself Uzi Katz. By the time of the IPO that was Oozi Cats. Let us now turn to section 6.7 of that document.

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1372 days ago

Breaking: Oozi Cats/Uzi Katz meeting with Nomad FinnCap within hours - if the Feds are looking for a fugitive

Having been appointed as Nomad and broker to the highest profile AIM company of the week, Telit Communications (TCM) at 7.01 AM yesterday, Mr Stuart Andrews & Mr Richard Chambers of Finncap and their colleagues must be shitting briicks following today's quite stunning revelations earlier about Mr Oozi Cats/Uzi Katz, his Mrs Ruth and events in Boston 25 years ago. Or maybe it is just another couple holding Israeli passports with the same names and birthdays who were involved in multiple frauds?

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1372 days ago

Andalas - great news about the jam tomorrow, shares soar 45% but folks do know that it is bust don't they?

Credit where credit is due. Andalas Energy (ADL) the AIM dog created to fund the lifestyle of Dave "Rule Breaker" Whitby has announced that it has signed a legally binding deal to develop the Jambi-1 30+MW independent gas-fired wellhead power facility in Jambi Province, Indonesia and to procure gas from Pertamina, the global fortune 500 national oil company. Andalas will have a 49% stake in the project and state owned construction outfit PT PP Energy will have 51%. So far so good but hang on Henry!

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1373 days ago

Conroy Gold - sham GM result- rebels will call another, Prof Conroy your stockmarket days are numbered, the Sheriff of AIM is coming to Dublin to get you!

I revealed on Sunday how Professor Richard Conroy had abused shareholder democracy at a sham of a GM for Conroy Gold & Natural Resources (CGNR). In preventing three rebels from joining the board when that is what shareholders clearly wanted he has shown himself no longer fit to run a PLC. I can only compare his pastoral care of shareholder rights at Conroy to that handed out by the Christian Brothers to their wards at so many boys homes across Ireland in darker days of old. The Professor shames Ireland and shames AIM with his antics. Conroy has today failed to fess up to exactly what went on and also what has happened since. Okay, he asked for this, the Sheriff of AIM needs to go to Dublin.

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1373 days ago

Telit - as we often predicted this is the day the disaster unfolded, but can the CEO explain his £24m share sale?

I am not sure if Neil Woodford had a big stake but Telit Communications (TCM) ticked all the other red flag boxes for AIM casino disasters waiting to happen. UK Investor Show attendees know that this has been high on the bear's hit list for a while. Today the train wreck happened and as I write, shares in what was the most shorted stock on the casino, are 39% down at 156p. But a £199 million market cap is still a rum and coke. The shares could be 20p and I still would not buy. Pro tem I count this as another big win for the Sheriff of AIM.

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1374 days ago

AIM dog Eastbridge goes bust having given all its cash to a conman on the run - who will take the rap for this f**k up?

Peterhouse Corporate Finance, Mr Greg Colliar, crap Nomad Northland, Mr William Vandyk are you sitting comfortably? You sure? Now read on for yet another horror story emerging from the AIM casino....

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1378 days ago

Stratmin to be booted off AIM as funny China money fails to arrive - will anyone pay for this other than shareholders?

Oh dear. Oh dear. Another AIM debacle involving Chinese funny money. This time it is Stratmin (STGR). Its cunning plan was to do an RTO of Signature Gold and to fund that deal with a £5 million investment from Axel Management Group Pty Ltd. What could possibly go wrong?

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1379 days ago

Jim Mellon 's Regent Pacific profits warning - premature ejaculation proving a bit of a cock up

Oh dear, oh dear, it seems as if my old friend Jim Mellon had a bad day at the office on Friday. Hat tip to a reader who has just alerted me to a quite diabolical (lack of) profits warning from Regent Pacific which has many British shareholders thanks to its all share rescue takeover of AIM dog Plethora (PLE).

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1389 days ago

Nyota - I fear that its AIM days are very numbered

Last week the Nomad and broker to Nyota Minerals (NYO) announced that they were quitting as of August 17. As I have exposed HERE and HERE the advisers have behaved disgracefully and if there was any justice they would be facing sanction. But I fear that it is Nyota that will suffer.

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1394 days ago

MySQUAR - the out of the money warrant exercise that tells you its placing ahoy and this is a slam dunk Norfolk

For the second time in a week we have seen share options exercised at AIM listed Norfolk MySQUAR (MYSQ) - this time it is 1.875 million warrants exercised at 5.5p which will add £103,125 to the coffers. that is kind of handy for this cash guzzler which is close to running on fumes. But this is a spoof.

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1395 days ago

See you in Court Bitchez Odd one out Contest

Okay this is easy as pie. I bring you a dodgy bubble, a disgraced share ramper, the King of the fraudsters, lyin' Chris, the head of a formerly AIM listed POS where 1/6 of the staff were family members and Jimmyliar himself. Which is the odd one out and why? Post your answers in the comments section below with a deadline of 7 AM Monday Morning.

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1398 days ago

UK Oil & Gas, the untrue RNS and a Nomad with no balls & not fit for purpose: WH Ireland

Every AIM company must have a Nominated Adviser, a NOMAD, to retain its listing. A Nomad is an FCA regulated financial adviser which charges an arm and a leg as a retainer to ensure that every RNS issued is 1005 accurate and that the company also complies with all the other AIM Rules. Not, as the LSE has made clear, that there is any downside in breaking all the rules or telling outright lies. That brings us to UK Oil & Gas (UKOG).

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1398 days ago

SHOCKING: London Stock Exchange: Fraud on AIM is nothing to do with us, nothing we can ( or will) do about it

The AIM casino has hosted the London stockmarket's biggest fraud for almost 40 years (Quindell) and a raft of smaller frauds in recent years. One might almost say that fraud is endemic. Yet, in a consultation paper published this week, the London Stock Exchange (LSE) has insisted that it is not within the remit of its own AIM Regulation department to tackle fraud or indeed do anything about it. This shows a complete contempt for investors - we bank the fees, you bank the losses.

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1401 days ago

Milestone Group Plc – is Para & Co (UK) Ltd good for the money?

This morning AIM uber dog Milestone (MSG) announced that a new investor, Para & Co (UK) Ltd, was providing a cash advance of up to £400,000 of cash via a convertible loan note as part of a total capital raise of up to £1.5 million for a maximum interest of 29.9% at a price of 0.29 pence per share. Nigel covered this earlier here but let's dig further into the affairs of this new investor. 

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1401 days ago

The dubious modus operandi of MySQUAR boss Erik Schaer part 2

Our recent coverage of AIM Bulletin Board Moron darling MySQUAR (MYSQ) HERE and HERE should leave you in no doubt that this is a piece of crap heading for 0p. At the heart of the issues are the related party deals  conducted with other Schaer companies which explain most of the "sales" MySQUAR reports. Earlier toady we ran a piece which exposed the dirty business practices of Schaer when he used to operate in the USA, as you can see HERE. Now for part two which shows what an A grade shyster the man is, another reason to exit this stock ASAP before it goes tits up.

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1401 days ago

MySquar - tell us about the CV of CEO Erik Schaer & why has he surrendered his US passport: part 1

Our recent coverage of AIM Bulletin Board Moron darling MySQUAR (MYSQ) HERE and HERE should leave you in no doubt that this is a piece of crap heading for 0p. At the heart of the issues are the related party deals  conducted with other Schaer companies which explain most of the "sales" MySQUAR reports. Does Schaer walk on water? Er...let's look at his CV.But before we start I notice that he surrendered his US passport in 2015. I wonder why?

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1405 days ago

Tom Winnifrith Bearcast: We 3 crooks of the AIM are, stealing money we travel so far..

The Mrs goes back to work tomorrow after her maternity leave. So as of Friday i am dealing with nappy shit not AIM shit as my primary job. But Bearcast will return every day in September. Today the Mrs is out with Joshua so I am bored and have a lot to say. I start with MichaelMouse an ADVFN Bulletin Board moron committing market abuse as he shows he understands nothing - he really is a Mickey Mouse figure.. I have harsh words about Telit (TCM) and TrakM8 (TRAK) in that section. Then it is onto what "Strategic Review" means in plain English, ref Entu (ENTU). Finally to the meat of the podcast covering Mercantile Ports & Logistics (MPL), its fellow FRAUD Redcentric (RCN) and the worthless crap Magnolia (MAGP) and what it says about AIM and the failed Nomad system that Messrs Gandhi, Fisher and not so lovely Rita have not been fired. Warning: this bearcast contains some strong language and phrases of a sexual nature. 

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1405 days ago

MySQUAR – three questions it cannot or will not answer

After tearing apart this week's bogus trading statement from MySquar (MYSQ) HERE and HERE, the AIM listed POS has tried to pop up its falling share price today with another piece of PR non news. We can address that later but first I have three more questions that it can't and won't answer.

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1407 days ago

MySquar - the bollocks trading statement and crazy valuation

AIM ramp de jour MySquar (MYSQ) has today boasted that in the last days of June as daily sales reached $8500 "the business has reached a very significant milestone of achieving run rate operating breakeven". Er..can you smell the red herrings - they are hidden underneath the red flags.

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1410 days ago

Servision - from bad to worse - 2 profits warnings in less than a month, lying to AIM on June 15, shares crashing but still 100% too high

A couple of weeks ago AIM uber dog Servision (SEV) warned that its calendar 2016 results would be worse than expected. Today we have those numbers and guess what? Not only was that June 15 trading statement a slam dunk lie but we also have a new (lack of) profits warning about 2017. Why the AIM Rule breaching delay in announcing that bad news. It gets worse...

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1410 days ago

Eden Research – failure to achieve minimum sales levels on licensed technology is spun as a positive

We goaded AIM listed fraud Eden Research (EDEN) on its deal with UMMS and it has today made an announcement. The phrase polishing a turd springs to mind.

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1414 days ago

Servision - how do you keep lots of idiots in suspense? We'll tell its shareholders on Friday

Worthless AIM listed piece of excrement Servision (SEV) always seems to report its results at the last possible moment to avoid suspension on the casino. In 2016 calendar 2015 numbers (piss poor) arrived on the 30 June deadline day. For 2016 its a slam dunk bet that the numbers (piss poor) will arrive this Friday on deadline day. Why is that? 

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1415 days ago

Advanced Oncotherapy – when the Final Results don’t tell you everything you need to know

AIM-listed Advanced Oncotherapy(AVO)  has released its final results RNS for 2016 with four days to go before deadline day  Bully for Advanced. But there are no notes to the accounts and why is there no no auditor’s statement – the very things that we were looking for. What is the company hiding? We are told that the report WILL be made availlable on the website but hang on...this is crucial!

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1420 days ago

Milestone - another bailout placing ahoy from the AIM Rule Breakers

The underlying problem with Milestone Group (MSG) is that it is a crap business that never generates any cash. Thus in order to keep CEO Deborah White in the lifestyle to which she has become accustomed and to keep paying crony capitalist advisers such as shamed PR firm Walbrook (Eden, Fusionex, Advanced Oncotherapy etc) it relies on bailout placing after bailout placing with shareholders seeing value destroyed every time.

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1421 days ago

Are we starting to see the revenge of the exploited AIM private investor? Or are they being double duped

Few, other than the clowns such as Marcus Stuttard at the LSE, can argue against AIM having delivered absolutely dreadful returns for investors. Since its launch the AIM Index is down by 5.4% (dividends included). The FTSE 100 has doubled over the same period and the FTSE Small Cap Index is 250% ahead. Actually the numbers are even worse. Strip out a handful of massive winners like ASOS and Domino's Pizza and the AIM Index is into double digit losses. But are private investors who have born the brunt of this wealth destruction now getting revenge with spate of attempted boardroom purges? Yes and No.

Oddly some of the crony capitalists running lifestyle businesses on AIM are

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1421 days ago

Fusionex - last day to sell, Nomad quits, homophobic ADVFN moron J777J19 have fun!

As I had suggested might happen several times, Nomad Stifel has resigned the Fusionex (FXI) account. It could not wait for the AIM delisting on the 26th. Instead it gave notice after hours yesterday that it was quitting as Nomad and Broker with effect from 5PM today. Hooray.Game over.

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1421 days ago

Servision and that breach of AIM rules with the delayed (lack of) profits warning - is it even worse that we thought?

I have been deeply troubled by the most recent lack of profits warning from AIM listed worthless POS Servision (SEV). My initial view, expressed HERE, is that in not admitting to order slippage from December for almost six months it had committed a massive breach of AIM Rules regarding timely disclosure of price sensitive news. But I fear it may be far worse than that.

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1422 days ago

Fusionex shares up 55% at 61p - WTF? Fear not

In seven days time shares in Fusionex (FXI) the drowning in red flags tech company from the Norfolk province of Malaysia will be delisted from the AIM Casino. Yet the shares are up by 55% today at 61.5p. WTF?

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1424 days ago

Fisking The Times & Standard Life as AIM is lambasted

The Times yesterday ran an article "Investors take aim at LSE’s mistrusted upstart - Stock exchange defends Alternative Investment Market but its critics are losing patience", which it painted as a major attack on AIM. In fact it appears to have found one new critic - Standard Life - which, having done its conkers on Fusionex (FXI) because its fund managers knew better than our writers here who issued repeated warnings, now seems to think AIM has a problem. On which fucking planet has Standard Life been for the past ten years?

So to "fiske" a dire piece by Robin Pagnamenta, Deputy Business Editor, which fails to address any of the real issues showing why journalists on the corrupt deadwood press are part of the problem not the solution. My comments are in bold.

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1426 days ago

Fusionex - votes to delist: shares now 33p to sell - worthless: CEO Teh talks horseshit, has Nomad quit?

Surprise surprise shareholders in Fusionex (FXI) voted to delist the shares from AIM. Management and stooges had the vote sown up anyway so won 85% to 15%. The shares will cease trading on 26 June. CEO Ivan Teh must have really pissed off the owners of 5.4 million shares who voted against.

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1426 days ago

Servision - (lack of) profits warning and surely market abuse & breach of AM Rules?

Servision (SEV) the AIM listed POS has today slipped out a horrible calendar 2016 profits warning but the fact that it has waited five and a half months to do so is surely market abuse. AIM Regulations state that price sensitive information must be anounced as soon as it is known. How on earth can the company's hapless Nomad, Allenby, tolerate this state of play? Or does it not care as long as it is paid?

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1439 days ago

Crowdfunding appeal launched to take Jason Drummond & Nilesh Jagatia of Teathers infamy to court over Purple Lounge & Media Corp

A crowdfunding appeal has been launched to take Jason Drummond & Nilesh Jagatia of Teathers (TEA) infamy to the High Court over a previous debacle Purple Lounge & AIM listed (now bust) Media Corp. It is claimed that investors were misled and also that client funds at Purple Lounge went missing. The allegations, and at this stage they are allegations, are very serious indeed.

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1442 days ago

Malay Junk Fusionex - to end the AIM farce - RNS at no-one is watching a clock - as £55 million of UK cash goes up in smoke

At 5.30 PM on the Friday before the bank holiday, no-one is watching O'Clock, Fusionex (FXI) said that it was to delist from AIM. The shares closed the day off 2p at 129p but will absolutely crater Tuesday as this stinks as we have warned you so many times - as you can see HERE. Once again we are vindicated and the City pump & promote machine must hang its head in shame.

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1442 days ago

Market abuse, PCGE, an honest if careless scouse tipster and the sordid underbelly of AIM

Having explained how folks paying up to 0.16p for shares in PGCE fully deserved the rogering they got on Friday after a new media rampfest turned sour I was startled to be told by some professional TW hater "but you tipped it, Doc Holiday said so". Au contraire.

I never tipped PCGE having always been bearish and indeed terming it a fraud in bearcast. But it appears that scouse blogger Doc Holiday did indeed suggest that I, well HotStockRockets, had tipped the share. That was then reported on the LSE Asylum as a fact and folks bought shares on the back of it. So is Doc guilty of market abuse?

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1442 days ago

Eden Research Plc – What is really going on with its terpene technology license from UMMS?

AIM Listed fraud Eden Research (EDEN) has bneen shown to have committed FRAUD, has been panned by the FRC and is still under FRC investigation (whatever it says). But there coulde be an even bigger problem. In its AIM admission document Eden explained that an element of its terpene chemistry was licensed as set out below:

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1443 days ago

Billing Services - another Jim Mellon backed AIM disaster: don't go bottom fishing

Oh dear, this has all the makings of another AIM disaster for my good friend the offshore based asset stripper Jim Mellon. But look on the bright side Jim, you have probably lost far more of your wealth with HK dog Regent Pacific, whose shares continue to tank in an alarming fashion. Anyhow, back to the home grown disaster stories. Shares in Billing Services (BILL) are down again today to 2.875p valuing this company at £8.1 million. that looks awfully generous.

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1447 days ago

Arian Silver: Pump & Dump, Mislead Investors, Executive Greed - why do I bother?

A chap for whom I have some time some of the time asked me why bother sticking it to Arian Silver (AGQ), a worthless piece of crap on AIM. Will it make any difference to the charade, to the game which sees userless tossers like Arian's CEO Jim Williams get ever richer, crony capitalists earn fat fees and investors get buggered again and again and again. No. My writings won't change that. And the chap is right in that it will just make a few more pathetic wretches who would rather lose money than accept the truth hate me. Yup. He is right. 

So there is a case for not bothering writing this article. But, on the other hand, if it saves one person from falling for Jim Williams' next pump and dump that is one person saved. And it is also right to point out the truth. And jusy now and again as we saw with the fraud Eden last week you get a result. So for what it is worth.

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1448 days ago

Fruitcake backers Arron Banks & Jim Mellon plus AIM dog Manx Financial get Private Eye duffing up

Arron Banks is a big UKIP backer as is his pal Jim Mellon, although the old asset stripper of Uramin infamy is not actually allowed to vote in the UK as he lives offshore in the Isle of Man. Private Eye this week looks at how the two men have not exactly prospered by backing the underperforming, sub scale, IOM-based, AIM-listed, bank Manx Financial (MFX). It also questions whether Banks is as rich as he claims. Enjoy...

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1454 days ago

You have to be barking mad to own 16% of MySquar - its official

AIM listed MySquar (MYSQ) is a total rum and coke of a company. It is hard to believe a word it says. The bear community is convinced it will be a zero. But the shares have been ramped to high heaven and helped by a chap called Josh Adams buying a 16% stake through his Imperium vehicle. Josh Adams ...the name rings a bell. Oh that nutter!

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1505 days ago

More Bad News for Advanced Oncotherapy

It has arrived! My £52 costs and 32p investment in one share in AIM dog Advanced Oncotherapy (AVO) is not money wasted.

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1506 days ago

FRAUD Cloudtag...some morons are on the pitch, they think it's all over....IT IS NOW

Cloudtag (CTAG) has fessed up to dismal results and to the fact that it cannot get a Nomad to act for it and sign off on its lies and thus its shares will be booted off the AIM casino tonight. It talks of a relisting in the future but then it was telling us just the other day that it would get a new Nomad. But having had since January 10 it has failed. No one will act for this fraud. It is game over.

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1506 days ago

Twitter Investment Genius from the Costa del Crime Caption Contest & a Lada joke

One of those waiting with baited breath to find out if Cloudtag (CTAG) will be slung off AIM tonight is a genius from the Costa Del Crime with a portfolio from hell who - as at last week was on a countdown to making his or first tweet as we showed HERE. We asked for suggestions as to what that tweet should be. The winner is:

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1506 days ago

Tom Winnifrith Bearcast - sitting in Shipston it is Cloudtag day! Where is the ouzo Dad?

It seems as if  my father has drunk all the ouzo. Who can blame him? But how will I celebrate if the fraud Cloudtag (CTAG) is booted off AIM today? Join in the fun with our Cloudtag termination clock HERE. Elsewhere I look at Bowleven (BLVN), gosh I loathe its management team, Advanced Oncotherapy (AVO), also run by tossers, and Strategic Equity Capital (SEC).

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1507 days ago

Tom Winnifrith: The Top short sellers, bears and fraudbusters all together on April 1 - don't miss out

You might hate bear raiders. You might think that short selling is unethical. But what you cannot argue with is that ignoring men such as Evil Knievil when they sniff out a fraud or accounting malpractice will cost you a packet. At last year's UK Investor Show the Country's top bears did a detailed presention on AIM darling Avanti Communications, one of the AIM companies most beloved by professional fund managers. Since that warning Avanti shares have collapsed by more than 90%. This year the bears have new targets.

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1507 days ago

Yet another Cloudtag Countdown clock - how long till the Fady Lady sings?

If no Nomad is prepared to act for the FRAUD Cloudtag (CTAG) then its shares, now suspended, will be booted off the AIM Casino. No AIM = no death spiral funding so it will - very soon - run out of, other people's cash, and will go bust. But the first step is being booted off AIM. And, inspired by liar Amit Ben Haim, we have a useful countdown clock until that ouzo moment. Enjoy.

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1515 days ago

Bulletin Board Moron of the Week Contest Sponsored by the FRAUD Cloudtag (again)

It has only just dawned on me that in exactly two weeks time, at 4.30 PM I shall be cracking open the ouzo to celebrate the fact that no Nomad on AIM is so desperate for cash and morally bankrupt that it will act for the fraud Cloudtag (CTAG). And there will thus be an RNS issued to say that it will be slung off the Casino. As that day looms, how will the Bulletin Board Morons spin that as good news? Happy hunting on Cloudtag threads - and others - as we ask you to nominate the most moronic BB posts or tweets in the comments section below. The deadline is midnight Sunday 19th March and, yes, Wildes our pet in-house loon - can nominate his own posts if he wishes.

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1515 days ago

Cloudtag IR stunning own goal - anyone want an email list of morons - I now have it

This morning AIM , for now listed, fraud Cloudtag (CTAG) had an announcement which was comical and is torn to shreds by me HERE. But it gets better, it sent an alert to all those folks who had registered with it to receive alerts. Then panic stations....

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1515 days ago

Cloudtag - 11 days from AIM death the zombie has news..well not really

In 11 days time if no Nomad is prepared to act for the fraud Cloudtag (CTAG), that is to say to sign off on the lies it likes to tell investors, its shares - now suspended - will be booted off AIM. Unable to raise cash it will go bust. Just to placate the fools who ignored countless warnings and are trapped in this stock and to amuse the rest of us it has today made an announcement. It is horeshite natch and I offer a translation service in bold.

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1516 days ago

Cloudtag Moron - lets beat Tom Winnifrith up: LSE provides platform for inciting violence

Repeatedly, during the past six months, the London & South East Bulletin Board ( aka the LSE Asylum) has removed posts within minutes which offered any criticism at all of Cloudtag (CTAG). Right up to the point that shares in the fraud were suspended on AIM no dissent was allowed. But it appears that the LSE does believe in free speech when it comes to inciting violence against me. My crime, natch, calling out the fraud and so yesterday the post below appeared.

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1520 days ago

Bulletin Board Moron of the Week sponsored by the Glenwick Ramping Crew - a winner announced

Well thanks to Big Gib and the Glenwick (GWIK) ramping crew for sponsoring last week's Bulletin Board moron contest which served up a raft of entries as you can see HERE. The winner was Juicin Drumroll who spotted this great observation from a Long & Strong Cloudtag (CTAG) moron posting on the ADVFN Asylum with the shares suspended and due to be booted off AIM two weeks from today.

 
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1522 days ago

Tom Winnifrith Bearcast - Sound Energy now firmly on the bears radar screens

I refer to young Steve's article earlier on the most shorted AIM shares. The fact is that most AIM shares cannot be shorted at all. There then follows a discussion on Sound Energy (SOU), Boohoo.com (BOO) and Telit (TCM). On a serarate note I look at LGO Energy (LGO). When the facts change what do you do?

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1522 days ago

Bulletin Board Moron of the Week Contest sponsored by the Glenwick Ramping Crew & Big Gib

Glenwick (GWIK) was once the darling of the AIM penny stock ramping crew led by twitter loon Big Gib. Naturally it has had various changes of strategy, spunked hundreds of thousands of quid on directors fees, advisors and deals that failed and this morning it was slung off AIM - as discussed HERE. The only question is did Big Gob et al get out at the top as they urged others to buy? So in honour of Big Gob I ask you to post in the comments section below the most ludicrous comment you can find on twitter or on a Bulletin Board this week. The deadline is midnight on Sunday 12 March.

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1523 days ago

AIM enjoys its least bad month for years

In February 2017, AIM lost six companies and gained six companies including 1 readmission leaving membership static at 973 companies. To see a month go by without a net loss of companies on "The world's most successful growth market" will be seen as a triumph and the champagne corks will be popping in Paternoster Square.

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1525 days ago

Tom Winnifrith Bearcast - Extreme Bad Language Special because AIM is an ffing joke

If you object to bad language do not listen. The madness and corruption of AIM, the willingness of the crony capitalists to deceive investors to get away another placing just got to me. In today's podcast I cover Blur (BLUR) - but would commend young Steve's coverage which is superb HERE, FastForward (FFWD) - the Jim Mellon spoof - Advanced Oncotherapy (DOG), Independent Resources (IRG), Amur Minerals (AMC), Sunrise Resources (SRES) and Zenith Energy (ZEN). 

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1527 days ago

AIM Fraud Odd one Out Contest results

Last week I asked you explain which of the four companies whose logos I showed ( Globo, Cloudtag, Naibu & Polly Peck) was the odd one out. A few of you were game enough to have a stab as you can see HERE.

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1527 days ago

Eden: the Terpenetech fraud starts to unravel, has the first body been quietly buried?

AIM listed Eden Research (EDEN) has been engaging on fraudulent deals with related party company Terpenetech for six years now. The first deal was a sale which Eden booked but Terpenetech never paid for. Who cares, Eden kept that debt as a current asset for 5 years. Sure the auditors should have kicked up a fuss, the Nomad should have objected but this is AIM who cares about fraud! Of course the far bigger £600,000 fraud waited until August 2015. It was a panama pump classic as you can see here - but this is AIM and Nomad & broker ShoreCap wanted to earn big commission do a placing so everyone again turned a blind eye. But now the cover up is falling apart.

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1527 days ago

Advanced Oncotherapy - Death Spiral accelerating, what about the 25p hurdle?

When AIM uber dog Advanced Oncotherapy (AVO) announced that instead of going for non dilutive funding ( as no-one would provide it) it was being forced to resort to a dreadful £13 million death spiral from loan sharks Bracknor, its shares were 65p. When the death spiral started the shares were 58p. Now it just £100,000 of the death spiral loan notes on the first £1.3 million tranche converted, the shares are just 43p to sell. Bracknor now has three reasons to panic.

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1529 days ago

Tom Winnifrith Bearcast: Paul Scott vs Tom Winnifrith - the bearcast rumble in the AIM Jungle is scheduled

Yes, I shall be recording my first ever joint bearcast - if one excludes ones where Oakley has chipped in. The date is April 1, my opponent is Paul Scott. Will it be TrakM8 or checkmate? The venue London in a new bonus session at UK Investor Show. I explain more about this total one-off in today's podcast. It is 4 weeks to the day to UK Investor and tickets are 85% booked out so if you are not booked in book NOW! On this podcast I also look at Brave Bison (BBSN) and TrakM8 (TRAK) and how cost cutting can itself prompt a cash crisis. I look at Audioboom (BOOM) with a more generous eye. I look at Glenwick (GWIK), now booted off AIM, which stinks. And I look at the idea of investing in shite companies to make money, ref Red Leopard (RLH) and Cynical Bear. This also brings me to ECR (ECR) where we own shares and I now see arch ramper Big Gib is on board. Over to you Big Gob do not let me stop you!

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1530 days ago

Servision: House broker says Spec Buy - shares tumble agin - this smells all horribly wrong

The odour coming out of long term AIM cash guzzling hound Servision (SEV) grows stronger by the day. I sense that this is going to blow up badly and when it does you do not want to be owning the shares. There is something very odd going on. Today's intervention sees house broker Beaufort pushing the stock as a speculative buy. The shares have fallen by 8% and we will come to the, er.... not very good, note later.

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1530 days ago

Crack out the ouzo, 100% vindication as TrakM8 bailout placing gets underway, investor misinformation confirmed

This morning, after a series of profits warnings, AIM uber dog TrakM8 (TRAK) has announced that there is a bookbuild underway on a £1.66 million bailout placing at just 65p. The shares are now 67p bid so you'd be a moron to participate but conversations are being had between institutional morons and hapless broker FinnCap right now, not withstanding the fact that today's statement lays bare the Nov 28 interim statement as 100% misleading.

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1531 days ago

Tom Winnifrith Bearcast: Plutus Powergen was doomed when its boss said he liked my work

An early bearcast as, much to the dread of my morbidly obese three legged cat Oakley, we are about to suffer an invasion of the working classes. Of course praising my work was not the biggest sin of Plutus Powergen (PPG), that was its oink on rebasing of options and bonuses. But now it has a bigger problem, OFGEM and I reckon it has every reason to be worried. Then I look at 88 Energy (88E) suspended in Oz but not on AIM ahead of a placing. Then it is on to Amur (AMC) again and to Avanti Coms (AVN) whose shares are just 14,5p. That is 14.5p too high. Finally a long look at changes in retail and what that means for us all. That is based on a Wolf Street article HERE.  I also refer to the series I am running on my 1970s childhood in rural Northants HERE. Gosh the world changes rapidly.

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1532 days ago

Bowleven - Corporate Governance Fucktards ISS & PIRC show themselves up in backing discredited board

In reality corporate governance bodies such as PIRC and ISS are, these days, part of the establishment so when it comes to crony capitalist companies on AIM they are part of the problem not the solution. This is demonstrated in spades today by events at Bowleven (BLVN)

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1532 days ago

Milestone Group Plc – minimal prospects of collecting failed placing monies: the fat lady is warming up

In its final results yesterday AIM listed lifestyle company Milestone (MSG) commented about the semi failed October 2016 placing:

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1533 days ago

Cloudtag - They think it's all over, It is now! Morons Nil ( again) Sheriff 5 ( again)

Some bear raiders are on the pitch...they think it is all over: it is now! Nope not West Ham winning the World Cup but the stockmarket career of AIM fraud Cloudtag (CTAG). Nomad Cairn has brought forward its resignation from April 10 to last night, the £975,000 placing announced last week has been pulled and it is ouzo time for me while on the council estates the LSE Asylum rampers gnash their teeth. Come on guys, say it slowly "Yet again Tom Winnifrith was right and we are morons, we apologise for all the abuse we gave him, the Sheriff of AIM rocks!"

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1534 days ago

African Potash - the fraud raises another £26,550 but who was mad enough to pay 0.045p?

This smells all wrong. Shares in African Potash trade (AFPO) trade at 0.02-0.04p on the NEX lobster pot after being booted off AIM. Since January 9 there have been just 23 trades of which only 2 have been at more than 0.045p. In February there have been seven trades and the most recent to sell have been at just 0.021p. Yet today the company has raised money at 0.045p. Who is that mad?:

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1534 days ago

The broker that raised £10m for Advanced Oncotherapy downgrades its stance on the dog to hold - damning note

If you had raised £10 million for the AIM dog Advanced Oncotherapy (AVO) less than 5 months ago at 100p then your stance on the stock - at 54p-58p- would be some sort of buy. Oh no. broker Beaufort who did indeed raise that cash has today downgraded its stance to, what may be termed a corporate "hold" (i.e. sell) and makes it clear that the shares will fall allowing lower entry points. I should cocoa. Beaufort today opines after the Bracknor death spiral announcement of Friday - the underlines are mine:

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1536 days ago

Tom Winnifrith Bearcast: 2 massive rule changes AIM MUST make in the wake of the Cloudtag scandal & the issue of blame

I know some folks want to blame others if they have lost money on the Cloudtag (CTAG) fraud. Well it is fair to hold some to account and make adverse comments and some folks should be doing a perp walk. But ultimately we are all accountable for our own trades whether winners or losers. Moving on this debacle has raised issues which call for two MASSIVE changes to the AIM Rule book: the announcement of Nomad departures and the disclosure or banning of placings based on T+ trades. PS Does anyone have an address for Cloudtag ramper David Greece. Please post in the comments section below in case I get bored and find myself in his locality.

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1536 days ago

Advanced Oncotherapy - The Death Spiral dance begins....timber!

Having promised "non dilutive funding" ad nauseam, on Wednesday AIM listed POS Advanced Oncotherapy (AVO) announced a £13 million death spiral funding with are shylocks Bracknor. On Friday it drew down tranche one and promptly served up another dose of smoke and mirrors for punters. The death spiral dance is now underway. Advanced announced that:

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1536 days ago

UPDATED: Reader Poll: which Nomad is so morally bankrupt/financially desperate it will act for the Cloudtag fraud? - its Not Allenby

Cloudtag (CTAG) the fraudulent AIM Company which has repeatedly raised money by telling lies to investors says that with Cairn Financial no longer prepared to sign off on its lies it is in advanced discussions about finding a replacement to avoid its shares being suspended on April 10. Really? Who do you think is so morally or financially bankrupt that they will sign off on lies for a fraudster. I am now starting a poll, if any of the Nomads's below want to deny that they are morally bankrupt and will not take on this work I will update the article. Vote now, deadline midnight Sunday 26 February. Update 1. It is not Allenby.

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1536 days ago

Cloudtag suspended pending an announcement: odds on it is the placing in trouble

At 4.18 PM trading in the shares of AIM listed fraud Cloudtag (CTAG) were suspended ahead of an announcement. I do not know what the news will be but if it was good it would have been rushed out. I assume it is yet more bad news. As I pointed out earlier HERE, Novum Securities has every reason to walk away from the £975,000 placing at 3.75p announced this morning.

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1536 days ago

Tom Winnifrith Bearcast: More ouzo, vindicated on RapidCloud's descent to zero as well

In the main bearcast today I touch on the Cloudtag (CTAG) fraud but that is really covered in its own bearcast HERE. I do look at RapidCloud which was suspended today and will lose its AIM listing in a month. Who warned you that this would face a "terminal conclusion" 149 days ago? Was it PR wankers Walbrook or Nomad WH Ireland or savants on the LSE Asylum? Er no, it was me HERE.  I then look at Challenger (CHAL) a zero in waiting, Iofina (IOF) and IGAS (IGAS) both of which should also be zeros. I commend today's excellent piece from Nigel, the Deputy Sheriff of AIM,  on the Servision (SEV) scandal HERE. I take Nomad Allenby to task for failing to comment on this and for allowing Servision to mislead mug punters. AGAIN. Finally I take apart overvalued ramp Wey Education (WEY). Its shares are up 33% today. That is a ramp not a reflection of value.

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1536 days ago

Breaking: Cloudtag Nomad Cairn quit weeks ago: source - get out of jail card for Novum?

It has today been announced that Nomad Cairn will cease to act for AIM listed (pro tem) FRAUD Cloudtag (CTAG) on April 10 at which point the shares will be suspended if no other Nomad is prepared to agree to sign off on lies issued via RNS. The shares have crashed to 2.75p to sell which means that those clients of Novum Securities who were stuffed into a placing at 3.75p THIS MORNING must be well pissed. But fear not... I have a shocking revelation that gets them off the hook.

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1536 days ago

BREAKING: Photo Article: Sorry Dad Needs Must - Cloudtag's Nomad quits shocker! Ouzo Time

I had brought the bottle below back from Greece for my father. But I know he will understand. It is a very large celebratory ouzo for breakfast as the AIM fraud of the year Cloudtag (CTAG) has fessed up - its hapless Nomad Cairn has finally had enough of signing off on lies and has quit. It gets worse and it is going to get worse still. Bulletin Board Morons and Aidan Earley who smeared and attacked The Sheriff of AIM for repeatedly calling this out as a fraud line up and apologise now you bastards!

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1538 days ago

Tom Winnifrith Bonus Bearcast - have the morons started mentioning the Bill Gates link? If it sounds too good to be true

There is of course no link between Bill Gates and AIM uber dog Servision (SEV) but I be that out in Bulletin Board land that will not stop it being mentioned in a post fact era ramp. Servision had raised $2 million today at 11.4p. Before recent insider dealing the shares were 2.25p and worth 0p. If it sounds too good to be true...all is explained in this bonus podcast. 

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1538 days ago

An Open letter to John Gunn at Inspirit and Octagonal - you MUST suspend or fire Nilesh Jagatia NOW!

Nilesh Jagatia the former FD at now delisted AIM bad boy Teathers Financial (TEA) is now enmeshed in controvery not only over Teather's serial ability to file accounts on time but over how shareholder's cash was used not only on entertainment involving semi clad young ladies but also for apparently personal spending by Nilesh. One hopes that by now the Old Bill and HMRC have been asked to have a butcher's. Amazingly Mr Jagatia remains as FD at two other AIM Companies both, as it happens, run by John Gunn: Inspirit (INSP) and Octagonal (OCT). I have now written to John Gunn.

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1538 days ago

Advanced Oncotherapy announces death spiral Part 1: Will it apologise for misleading investors on that one? And is Metric loan now off?

Serial misleader and worthless bag of AIM listed shite Advanced Oncotherapy (AVO) today announced that it has secured death spiral financing for £13-26 million from the lowest of the low DS funders, Bracknor. That is bad enough and will see the shares forward sold to buggery, as I will outline in a separate piece. What is worse is that it exposes Advanced for again misleading investors.

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1538 days ago

Management Resource Solutions - New Meeting called to sack chairman Murray D'Almeida - a wanker of the highest order

The battle between good and evil continues as suspended AIM dog Management Resource Solutions (MRS). You may remember that there is a meeting on Friday to oust certain directors but the board, acting like democracy despising a'holes, found a pretext to stop shareholders voting in new guys.

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1538 days ago

Flip Flop Ben Turney at Teathers - do your civic duty: tax dodging is wrong

I wrote earlier today that Flip Flop Ben Turney who now finds himself running failed ex AIM investment vehicle Teathers really MUST go to the Old Bill demanding a full investigation into the ATM withdrawals by ex FD Nilesh Jagatia. A reader points out that Flip Flop has another civic duty to perform on this matter, he must go to the taxman. Ever keen to help...

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1541 days ago

BREAKING: Teathers Financial shocker: Nilesh Jagathia - Show Me The Money!

The way that shareholders' cash was pissed away on corporate jollies & semi clad young ladies by the former board of Teathers Financial (TEA) has already been documented fully here. But documents have now fallen into my possession, here at Winnileaks, which ask even bigger questions about FD Nilesh Jagathia who is pro tem, still FD at AIM-listed Inspirit (INSP) and Octagonal (OCT). After this bombshell I wonder for how long.

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1541 days ago

FRAUD Cloudtag - why did its PR advisers Tavistock resign the account?

Normally PR firms, being so utterly 100% morally bankrupt, only resign an account for an AIM PLC if the client can't pay its bills. Just now and again a PR firm finds a client so utterly fraudulent that to protect its own reputation, it walks - think the FRAUD African Potash for instance. And so that brings us to the FRAUD Cloudtag (CTAG).

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1545 days ago

What Hargreaves Lansdown Nominees owning shares in the fraud Cloudtag really means - it is not good

Over on the LSE Asylum and elsewhere in Bulletin Board Moron land there is some excitement that Hargreaves Lansdown appears to speak for a large number of shares in the AIM fraud that is Cloudtag (CTAG). The dreamers reckon this is good news as the post below shows. Au contraire mes amis...

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1547 days ago

Shocker: AIM Casino – January Another month of shrinkage for "the world’s most successful growth market"

January 2017 was another month of shrinkage for AIM in terms of number of companies.The absolute number was down by a net 9 from 982 to 973 companies with 1 readmission and 10 departures including the fraud African Potash (AFPO) which was relegated, in disgrace, to the NEX Markets lobster pot.

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1547 days ago

The ShareProphets Dirty Dozen Resource stocks Portfolio is launched

I think we are in a crazy market for resource juniors and I am expressly NOT recommending you buy any of the shares below. But such is the madness that prevails, all sorts of mining and oil junors are seeing their shares fly. Worthless assets, crap management, no cash. Who cares? Just say you are looking at Lithium and off we go. So this is an experiment. Steve Moore will track the 12 stocks below, largely suggested by you and report back after 1 week, 1 month, 3 months, 6 months and on December 31 comparing this portfolio with the FTSE AIM Index and the FTSE 100. Just for fun, the dirty dozen are:

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1548 days ago

The Pirate Pete Landau Gang – now another two members in court

Oh dear. Oh dear. It gets worse and worse for Pirate Pete Landau, formerly boss of a range of AIM dogs including Range Resources (RRL), all of which he fleeced via is Okap Ventures vehicle. At the weekend I served up a document showing that the Pirate stands accused of forgery, fraud and half inching A$2 million. But other members of his gang appear also to be in a spot of bother. Step forward Jane Rosemary Flegg who was company secretary to most, if not all, of the Landau stable of shite companies.

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1548 days ago

The Great Waseem sends a specialist to check out Cloudtag - the report is damning!

I was not the only person to go to the Spring Fair last week to check out the Onitor, the "product" of AIM fraud Cloudtag (CTAG). The great bear raider Waseem Shakoor sent along someone too.  Waseem reports back:

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1549 days ago

Tom Winnifrith Bearcast: Nominate your Dirty Dozen AIM resource stocks to fly

In this bearcast, delayed by more upgrades to my PC from Mr Gates, I look at the appointment of an Oxford contemporary Charlotte Hogg as deputy governor of the Bank of England. Does it really say anything about the advancement of women? Then I discuss growth stocks such as Gary Newman's Fevertree (FEVR) and Boohoo.com (BOO), Finally I ask for your help please as I assemble a dummy portfolio of AIM Resource dogs just to see if market sentiment is so crazy that they fly. I nominate Golden Saint Resources (GSR) and Xtract Resources (XTR) now please can you nominate another ten dogs by noon Monday 13th?

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1549 days ago

Pete Landau accused of A$2m+ theft fraud & forgery: Part 1, The Pirate

Oh dear the curse of ShareProphets today falls on Pirate Pete Landau, formerly boss of AIM dog Range Resources (RRL) and several other stockmarket hounds and a man who sent me a string of lawyer's letters because he did not like my investigative journalism. I now have an official document where the Pirate stands accused of theft, fraud and forgery, of half inching more than $2 million and much else. The victim is Citation Resources, an ASX company linked to Range and now in administration.

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1551 days ago

AIM FRAUD Cloudtag - a challenge to CEO Amit Ben Haim: debate me in public & Ill give you a gift worth £5k

I have stated repeatedly that AIM Bulletin Board darling Cloudtag (CTAG) is a fraud. It has repeatedly lied to investors to help it raise cash. But I have an offer and a challenge to its CEO Amit Ben Haim which is worth £5000 to Cloudtag

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1554 days ago

Tom Winnifrith Bearcast - The things I do for you dear reader

The things I do for you dear reader: go to the Spring Fair and read the Mail on Sunday. Truly what sacrifices I make. We are in the tail end of a bull market for low grade AIM stocks. So I discuss events and share price movements at Amur Minerals (AMC), Arian Silver (AGQ) with its shit head of a PR man  - Nu Oil & Gas (NUOG), Cloudtag (CTAG) and the truly incestuous events at Glenwick (GWIK)

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1554 days ago

Cloudtag at NEC Spring Fair - Oh Dear the punters not impressed

If only I had known that there was a Spring fair at Birmingham's NEC this weekend just ended for I have been up near there visiting my dad in Shipston and could have attended. Luckily a number of Bulletin Board folks did pitch up as AIM fraud Cloudtag (CTAG) or rather its UK distributor ( non distributor) Second Chance had a stand. The following BB post rather sums it up and it reads badly for the fraudsters.

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1556 days ago

Murray D'Almeida of Management Resource Solutions and Clownish lawyers Fladgates - see you in Court bitchez!

Yes it is indeed Murray D'Almeida of Beacon Hill and Management Resource Solutions (MRS) who has signed his AIM career suicide note by instructing (clownish) lawyers Fladgate to send me a fascist lawyers letter. Only 19% of you guessed that one! I am told by the uber-clowns at Fladgate that I cannot publish this letter and must retract THIS article or else. It gets worse but do you think I dare publish the letter?.

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1558 days ago

Murray D'Almeida - why is he so ashamed of Management Resources? I can't think...

In a recent review of the 100 most influential businessmen on Australia's Gold Coast, the chairman of AIM dog Management Resource Solutions (MRS) came in at 95. His lists his CV below. He is happy to boast about Beacon Hill Resources (BHR) which he steered onto the rocks while overseeing the, smelly as a three week old pile of rotting kippers in 50 degree heat, hairdresser shares issue. But for some reason leaves MRs off his CV. What is he so ashamed about? Perhaps he senses that Winnileaks one (HERE) and two (HERE) with more to come, was on the way. Murray's shamefully selective CV is displayed below.

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1560 days ago

Tom & Joshua Winnifrith Bearcast - Was there also insider dealing at Management Resource Solutions?

Three generations of Winnifrith males appear today. Young Joshua is with me as I record and chips in now and again. we start with my father helping Boris Johnson with some of his history errors. Poor show Boris. Then I look further at Murray d'Almeida and Management Resource Solutions (MRS). I follow up my earlier Winnileaks massive expose HERE by asking if insider dealing took place? Then I turn to uber dog & AIM rule breaker Milestone Group (MSG) before commenting on Torotrak (TRK), Cambria Africa (CMB) and Challenger Acquisitions (CHAL). Then I revert to Boohoo.com, the unacceptable face of capitalism which I covered in a bearcast special earlier. I repeat my warning for shareholders: it is all about unknowns.

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1561 days ago

FRAUD Jiasen - ouzo time as Filthy Forty AIM departure #24 is booked, NED walks

Did it jump or was it pushed? ShareProphets AIM-China Filthy Forty posterboy Jiasen (JSI), one of the Fujian four, has announced this morning that it is proposing to delist from AIM and move instead to NEX (the lobster-pot formerly known as ISDX) - just when we thought that the race to AIM departure #24 from the Filthy Forty was down to a two-horse race between Asian Citrus (ACHL)and MoneySwap (SWAP). Jiasen also announced the departure of a NED with effect from the end of February.

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1562 days ago

Tom Winnifrith Bearcast: The dangers of fad investing - Fitbit shocker, Torotrak shocks again & China fraud vindication

I take a detailed look at fad investing covering the big California drone fraud but also Fitbit which had a shocking profits warning today, Fitbug (FITB) and Cloudtag (CTAG). I look at two China frauds on AIM in big doo doo, Jiasen (JSI), which is definitely a kill for the Sheriff of AIM, and Taihua (TAIH) which will be. Then I look at Guscio (GUSC), Greatland Gold (GGP), Andalas (ADL), Golden Saint (GSR), Amur Minerals (AMC) and finally LGO Energy (LGO)

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1564 days ago

Tom Winnifrith Bearcast: Corporate lying & using the wrong words: I am sounding like my father

If I sound more like my father that is a good thing for he is honest and precise in his use of language, although he would not use some of the "french phrases" which occur in this podcast. I discuss the use of language and how wording has an exact meaning - this is in relation to Coral Products (CRU) which needs to clarify something. I do not think it is a fraud and it can easily blame its useless Nomad Cairn. After what it has signed off for Cloudtag (CTAG) few will fail to accept such an excuse. I then move onto deliberate lying by AIM Companies which is actually quite rare. Gross over-promotion is quite common. I explain the difference. Cloudtag and Advanced Oncotherapy (AVO) are mentioned in detail in this section. In discussing what is a fact I refer to my article of yesterday on Holocaust Memorial Day which is HERE

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1567 days ago

United Cacao: want to know about the mega fraud or do you want the bad news?

United Cacao (CHOC) which has until February 4 to find a new nomad or it will be slung off AIM has bad news and very bad news. Let's start with the very bad news - it appears to have engaged in massive fraud. When I say "it" the allegation is against former head honcho Dennis Melka who walked the plank on January 5.

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1567 days ago

Fitbug placing - how the spivs of the AIM Cesspit operate

Today AIM listed serial disaster story and cash guzzler Fitbug (FITB) has announced that it has raised £1 million at 0.2p. The shares have crashed to 0.19-0.2p on the news ( a fall of 26%) but if one looks at the trades you see the sordid underbelly of the AIM Cesspit in full play.

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1568 days ago

Sinophi walks , Disingenuous Advanced Oncotherapy is fucked - insolvency beckons

Yesterday I goaded AIM weasels Advanced Oncotherapy (AVO) to come clean on the status of its relationship with Chinese distributor Sinophi, HERE. It seems the world moves quickly because Advanced has today announced that Sinophi has, as of yesterday, "terminated" its orders and at a stroke the order book goes from $150 million to nil. But this smells all wrong and at the same time means that Advanced may well go bust within five weeks. Let me explain.

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1569 days ago

Cloudtag - Sub 5p by end February says Bear Raider Waseem Shakoor

Shares in the AIM listed fraud Cloudtag (CTAG) have dribbled lower to 6.5p to sell today but what is noticeable is the volume, or rather lack of it. In the face of a complete lack of orders from CES as well as minimal evidence that Cloudtag even has a sales ready product, buying interest seems to have tried up. Even the Bulletin Board threads are going quiet as the company appears to have stopped issuing lies about orders, potential orders and shipments of product. So what happens next?

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1576 days ago

Andrew Monk's third share tip of the year - the best lottery ticket you will ever buy

Top stockbroker Andrew Monk of VSA has today served up his third share tip of the year (following from his win with Sula HERE) and it is a real "hell or glory play". it is right now TSX.V listed but there is an AIM listed way to play it. Over to the Monkey...

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1576 days ago

Tom Winnifrith Bearcast: possibly the biggest scandal in AIM history to go nuclear this week?

Weekend press reports (not in the UK natch as the British press is ignoring this £2 billion City scandal for reasons one can only imagine) suggest that the FBI is now investigating. Already in France there have been arrests including that of the CEO of Areva - Atomic Anne - which bought AIM & TSX listed Uramin for £2 billion and had written all of its assets off as worthless within three years. There is also a major new investigative book out on the scandal due out on Thursday. I am sure my good friend Jim Mellon will be ordering an advance copy. Elsewhere I look at Vislink (VLK), at the train wreck waiting to happen at Advanced Oncotherapy (AVO), at Fitbug (FITB) and Cloudtag (CTAG) and then finally at SalvarX (SALV) - placing ahoy on this related party express train to planet hype.

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1579 days ago

We've brought our next hot share tip forward as it is so hot - catch it for just £5 TODAY

We were not planning to serve up our next share tip until the end of the month. But shares can move fast on AIM and we have identified a stock where something really is bubbling. And so our next hot share tip is out TODAY (Friday 13th) at 2 PM. we are working hard on it now.

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1581 days ago

Have you lost money on the Cloudtag fraud? - Grant Thornton might help you get it back

With shares in the AIM listed fraud Cloudtag (CTAG) having slumped from a peak of 25p to c7p there are already many investors who have lost money. Over the next few months as the share price dwindles towards zero there will be legions more. But help may be at hand from Grant Thornton's fraud insolvency and recovery team.

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1582 days ago

Advanced Oncotherapy - where is that new funding you promised brokers would arrive by December 31?

AIM (very) bad boy Advanced Oncotherapy (AVO) did its best to ramp its shares following the shock loss of its entire order book back in November. Or was it October? Glitzy promo videos and spoofing share purchases by NEDs phased out to have maximum effect on fooling the gullible managed to get the shares back to c90p. But now folks are looking behind the smokescreen of bullshit and the shares are tumbling again, to 73.5p. Since this company has committed securities fraud my target remains 0p. The questions are mounting fast.

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1582 days ago

Tom Winnifrith Bearcast: A Smorgasbord of Cr*p AIM investments & 1 I like

A wide ranging bearcast today covers: Aurum Mining (AUR), Range Resources (RRL), SpaceandPeople (SAL), Harvest Minerals (HMI), Rosslyn Data (RDT), Cloudtag (CTAG) in the post fact era - Adrican Potash (AFPO) and Avanti Communications (AVN). 

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1582 days ago

Cloudtag and Onitor - an expert writes

I am not an expert on the intracies of technology and so I often seek outside advice when my speciality (sniffing out AIM frauds) comes into contact with tech. And thus I asked an expert to review the dynamite CES video on Cloudtag (CTAG) we published yesterday. The expert watched it and wrote:

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1582 days ago

The weasel words of lyin Chris Cleverley reviewed as FRAUD African Potash booted off AIM

The fraud African Potash (AFPO) has been formally booted off AIM today as no Nomad is prepared to act for it. It is a day of shame for lyin Chris Cleverley the CEO and his senior NED Lord Peter Hain of sleaze. The shares are now only listed in the joke lobster pot that is NEX Markets, it is almost impossible to sell in any size and even harder to raise cash as a company. So Potash will soon go bust. At the weekend I explained the very odd timeline of seven days in September that lead up to the last Nomad, Cantor Fitzgerald, quitting. Now look at lyin' Chris's words since.

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1582 days ago

Bulletin Board Moron of the Week - its ouzo time as Potash booted off AIM

Send Tom Winnifrith a fascist lawyers letter as the fraud African Potash (AFPO) did on September 1 and your fate is sealed. Today African Potash was formally booted off AIM. Now it will fail to raise cash on NEX (formerly ISDX) and will go bust soon. Lyin' Chris Cleverley meet Karma. Ain't she sweet? Amazingly there are still some people out there on the Bulletin boards who think its all my fault and Lyin' Chris runs a great British Company. Whatever. In that vein please nominate the most moronic Bulletin Board or twitter comment you can find in the comments section by midnight on Sunday 15th January. Have fun!

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1583 days ago

Tom Winnifrith Bearcast: back to Gavin Burnell at Globo & Onzima - not every AIM disaster is fraud - most are not!

So few companies are total frauds. Burnell creation Globo (GBO) was but Onzima (ONZ) is not. So what happens if you lose money on this company or another which goes horribly wrong? 

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1583 days ago

Open letter to Cairn: after shock video exposes wholesale Cloudtag lying you must quit NOW

Hapless Nomad Cairn has so far refused to resign as adviser to the AIM fraud Cloudtag (CTAG) despite incontrovertible evidence of house it has misled investors with RNS statements that are outright lies throughout 2016 and in doing so has committed blatant securities fraud. Today's shock video from CES where an Onitor spokesman admits that there is no release date yet is surely the straw that breaks the camel's back in that it directly exposes as a lie every statement made in November & December about 2016 sales that was used to get away a £4.1 million death spiral fund raise. I have written to Tony Rawlinson & Liam Murray at Cairn and cc'd in that useless poltroon Marcus Stuttard, head of the oxymorons at AIM Regulation demanding a statement and action.

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1583 days ago

AIM - The Bloodbath continued in December - 17 more departures

On what the LSE claims is "the world's most successful growth market" the bloodbath seen in November got worse in December. It was terrible.

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1583 days ago

Video: When Peter met Andrea - verbal blow job for Cloudtag at CES

And now to the CES show in Las Vegas where AIM listed fraud Cloudtag (CTAG) paid to get interviewed by a bird called Andrea.Questions in paid for interviews are not exactly tough, Andrea makes Justin the Clown look like Jeremy Paxman. The highlight is about six and a half minutes in when Peter Griffith of Cloudtag cannot even remember where his own stand is. But there is more.

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1585 days ago

The Great Waseem on the "Seven Steps" of Cloudtag pump & hype

Yesterday I tried to explain the psychology of AIM fraud and fraudsters with reference to both African Potash (AFPO) and Cloudtag (CTAG). The great bear raider Waseem Shakoor also published a note explaining the seven steps of Cloudtag hype to facilitate is main business of share issuance. As you'd expect it is a cracking read. Over to the great Waseem

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1585 days ago

Tom Winnifrith Bearcast: ITV News talking bollocks - the consumer meltdown is up & running

I start with a section on the African Potash (AFPO) fraud and how and why I need those who have lost cash to contact me to see if we can seek legal redress. I am proposing to fund two small claims cases to establish a precedent. If we win either or both its ramifications for AIM are massive. Then I look at woeful lies from fake newscasters at ITN but in a macro-economic session inspired by Next (NXT), Bovis (BVS) and Cambria Auto (CAMB) I look at now clear macro headwinds which are hitting the UK partly as a result of very bad calls by the twit Carney and the poltroon Osborne and his pea brained successor as Chancellor, Phil Hammond. How can you assemble a short portfolio on the back of that? I answer reader Tony, but also suggest another short portfolio. En passant I mention Infrastrata (INFA) as well as covering CIC Gold (CICG).

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1589 days ago

African Potash Accounts finally out - damning statements by RSM Tenon auditor

I am yet to get an explanation from Peterhouse Corporate Finance, the advisor to ISDX and (pro tem) AIM listed fraud African Potash (AFPO) as to why accounts for the year to June 30 were signed off on 28 December but not released until 3 hours and 48 minutes after the stockmarket closed for a three day New Year break on 30 December. This is surely a breach of ISDX rules and it shows, again, that the fraudsters are prize rotters. Why is Peterhouse not resigning NOW? But it gets worse, the actual, annual report was promised by 31 December but has only this morning appeared on the company's ramptastic website. Why the delay? How about not wishing to admit to damning comments from auditors RSM Tenon which show that this company is toast? The auditor does not mince its words.

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1589 days ago

ShareProphets share tips of the year number 23: Sell Telit Communications says Tom Winnifrith

Telit Communications (TCM) is the most heavily shorted stock on AIM but its share price has proved incredibly resilient. At 275p it is almost up at 2016 year highs and the company is capitalised at £317 million. But you simply cannot defy gravity forever and, as a sell, it is my next share tip of the year.

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1589 days ago

ShareProphets share tips of the year Number 21 - Buy Minoan says Tom Winnifrith

Minoan (MIN) has been something of an AIM uber-dog for many years. It is a stock that I have tipped with success once and with lack of success more than once. Its failure to deliver on gaining planning consent on its Cave Sidero site in Crete over more than a decade is perhaps why its shares languish at 6.25-6.5p. But 2017 will be THE year.

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1590 days ago

Tom Winnifrith Bearcast - AIM down to 876 by the end of 2017?

I start by looking at the RNS releases from Friday, the LSE really must change its rules. Then it is on to AIM - how many companies will be there at the end of 2017 and is the Nomad system just viable any more? In this section I look at Cloudtag, Quindell, African Potash and Globo among others. then I have a couple of New Year's Resolutions and I wish you all a happy New Year's Eve and prosperous 2017.

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1590 days ago

ShareProphets Share Tips of the year Number 17 - Sell Eden Research says Tom Winnifrith

In the long run buying shares in companies that break accounting rules, commit fraud and which are running out of, other people's, money is a recipe for poverty and thus AIM listed fraud Eden Research is my second share tip of the year, like my first (Cloudtag HERE) it is as a sell. The shares are now xxp but this is a sell at any price down to 0p. Frauds are always worthless in the end.

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1590 days ago

Tom Winnifrith Bearcast: Why Criminal Aidan Earley must be defeated for the sake of AIM and for Natural Justice

If the bonkers convicted criminal Aidan Earley goes through with his threat and takes legal action against me I shall see him in court and - once again - I shall defeat him. I explain what happened last time we met and why it is vital that Earley is now crushed. If he wins I shall quit writing about shares and this website will close. You say "so what?". The point is that if Earley wins it will become suicidal to run negative articles even on the most blatant of frauds, he will have established this principle. London will become a safe haven for fraudsters. That is what Earley wants. This article HERE is referred to when I say how FEW companies I accuse of fraud, contrary to what the dirty little criminal Earley says.

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1591 days ago

Tom Winnifrith Christmas day Bearcast - the U to Z of AIM fraud

Happy Christmas One and all. This podcast follows on from A-E HERE, F-J HERE, K-O HERE and P to T HERE. Okay I cheat a bit here but with these letters it is tough but, inter alia, I cover: the USM, Uramin - my old pal Jim Mellon's company, United Cacao (CHOC), Worthington (WRN), the three Ex's , Xcite Energy (XEL), Xtract Resources (CTR), Yolo Leisure (YOLO), Zeus Capital and the late lamented Gable (GAH)

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1591 days ago

Chris Cleverley, Lord Hain, Cantor Fitzgerald - who will shareholders sue over African Potash fraud, ShareProphets puts wheels in motion

We have been contacted by a number of shareholders in African Potash (AFPO), which is now on ISDX and will soon be booted off AIM Formally and will go bust within weeks, who have lost money and want to sue someone over this fraud. We will back any such action with a generous donation but the question is who to sue and on what grounds? But, sorry to break the bad news to certain folks on Christmas day, but wheels are in motion...certain folks may wish to call a lawyer PDQ

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1599 days ago

Tom Winnifrith Bearcast - the P to T of AIM fraud

This podcast follows on from A-E HERE, F-J HERE, and K-O HERE. It is perhaps my longest podcast for many moons but are you surprised? Think about what I cover: P is for Potash - as in African (AFPO), Q is for Quindell (QPP), R is for Revenue Recognition as in Redcentric (RCN) and Servision (SEV), S is not for smear (as in Citigate Dewe Rogerson you total and utter bastards) or Strat Aero although both are mentioned but for Sam Antar and T is for Terry as in Rob, 

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1599 days ago

ShareProphets Share Tips of the year 2017: No 2 Sell Cloudtag says Tom Winnifrith

I kick off my contribution to the 24 share tips of the year for 2017 that ShareProphets writers will be publishing between now and January 3 with one of the four sells I shall deliver. And I start with the most obvious: sell AIM fraud Cloudtag (CTAG) at 7.125p with a 0p target.

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1599 days ago

Cloudtag - was the EGM approval for share issuance invalid? How can Nomad Cairn not quit NOW?

It seems like an eternity of lies ago but the EGM of AIM fraud Cloudtag (CTAG) was in fact just 11 days ago and at that meeting shareholders approved two motions relating to share issuance that allowed the L1 death spiral to go ahead. But they were lied to.

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1599 days ago

Strat Aero Hulsey Smith dumps shares again - but now says he will hold fire? Really?

As you may remember, by February 14 AIM listed Strat Aero - a company that has committed fraud - will be both out of cash and £300,000 in debt to a loan shark. As it munches its way through a hundred grand a month the outlook looks bleak, in fact it looks terminal. This has 0p written all over it. The man who exposed the frauds we know about is a chap called Hulsey Smith who was given a stack of cash and 12% of the equity to settle a legal case and shut up. And so today we learn that Hulsey has been dumping more shares.

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1601 days ago

Cloudtag: An Open Letter to Cairn Financial - when will you quit as Nomad? Now?

It is an open secret in the City that Cairn Financial will, at some stage, cease to act as Nomad for Cloudtag (CTAG). And given that the AIM listed company has lied to investors on a serial basis and also committed securities fraud no other Nomad will take this account on. As such, when Cairn quits, the shares will be suspended and a month later booted off AIM. That will preclude any more fund raisings and so will mean shareholders lose everything as the company goes bust. This situation is unfair on investors and so I have written to Cairn. That is because I am just a nice guy.

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1601 days ago

Tom Winnifrith Podcast: Discussing Big Sofa with Adam Reynolds

Big Sofa Technologies (BST) IPO'd on AIM today at 17p - the shares are now 21p. It is the latest Adam Reynolds stock and we own "a few" shares. I recorded this podcast to discuss the investment case with Adam.

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1602 days ago

Tom Winnifrith Bearcast: The K to O of AIM fraud & a dire warning on property

I start this podcast with an absolutely dire warning on property as an asset class. Malcolm Stacey is wrong just look at the most recent Begbies data and think about it long and hard. Then I continue my series on AIM fraud. A to E is HERE. F to J is HERE and today I look at K to O covering Kevin Ashton, Lawyer's Letters, Minmet and Mike Walters, New World Oil & Gas and Odey Asset Management. I stress Odey is not a fraud but I'm making a general point about fund managers. My Scrooge article I mentioned is HERE. The next part of this series is P to T - any suggestions for what Q and T might cover?

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1604 days ago

UPDATED: Tom Winnifrith Bonus Bearcast: was it Cloudtag fined £75,000 by AIM Regulation - a dark day of shame for the Casino

Update. I have it on good authority that it was NOT Cloudtag fined. Hpefully uit will be. The share tip I mention at 7.45 can be accessed for £5 HERE. The notice of the £75,000 fine by AIM Regulation on an un-named company, levied last Thursday is HERE. That company not Cloudtag (CTAG) - it should be. Whoever it is should fess up. This is a dark day for AIM as it has fined the wrong party (the shareholders not the board) and in not naming the company it also screws the shareholders again. Regulators have form with private censures that let everyone down. I compare this to the 3DM scandal.

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1605 days ago

How many of Cairn's clients are frauds and how many will quit to avoid reputational damage? I list them all...

Nomad Cairn has not resigned as adviser to Cloudtag (CTAG) even though it has lied to investors on a serial basis and committed Securities fraud. Cairn's reputation is thus in tatters. It thus begs the question of how any of its other clients are frauds, how many are simply not investment grade material and how many of the few good clients will want to be associated with the disgraced Nomad for much longer as it will not help their share prices to be linked to this rotten, stinking adviser. The clients are listed below by AIM or ISDX category.

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1605 days ago

"Timber! time" at Avanti Communications & the sheer pointlessness of Edison Research - the worst research note of 2016

Shares in drowning in debt Avanti Communications slumped again on Wednesday to a new record low of 18p - the market cap is now just £27.6 million and death is imminent. As I pointed out at the weekend, its shares could be suspended on December 30th but its real worry is insolvency - it will be out of cash by January and it looks impossible to refinance. The cry is Timber! This once mighty AIM play is falling and will soon be lying as a rotting corpse on the forest floor. Where has all the money gone?

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1605 days ago

The Redcentric fraud - Uh Oh: very bad news for Tony Weaver

Redcentric (RCN) has detailed the preliminary findings of its investigations into accounting fraud. And they beg very serious questions indeed for Tony Weaver who set this company up and whose AIM listed MXC Capital (MXCP) guided it, but dumped all its shares in the summer shortly before Weaver quit - which in turn was just a week before the fraud problems emerged and the Weaver appointed FD was fired.

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1605 days ago

Tom Winnifrith Bearcast: the F to J of AIM fraud

Following up on the A-E of AIM fraud at the weekend here is the F-J. Enjoy. What do you think the Q and T should be?

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1605 days ago

Tom Winnifrith Bearcast - Why hasn't Deborah White been fired for breaking AIM Rules?

I have loaded the photos of pressing the olives from the Greek Hovel HERE. There may not be a bearcast tomorrow as I am about to start travelling soon. Today I look at LGO Energy (LGO), Milestone Group (MSG) and its CEO Deborah White who has committed market abuse and should be fired, Strat Aero (AERO), Fox Marble (FOX), Golden Saint (GSR) where I suggest a rule change is needed at AIM to deal with share dumping parasites like PR genius Steffi, and Proxama (PROX).

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1605 days ago

Cloudtag EGM passes resolutions but shares still suspended & that is BAD News

The EGM of AIM fraud Cloudtag (CTAG) was delayed because the plane carrying CEO Amit Ben Haim was held up by fog on its approach to the Channel Islands. Once the great man arrived all resolutions allowing the issue of vast numbers of shares to death spiral providers, and anyone else who will stump up cash, were duly passed. No shock there, most morons can't afford an air fare so voted by proxy pre suspension at a time when the shares were flying so, natch, they backed management. But....

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1605 days ago

Tom Winnifrith Bearcast - the A to E of AIM fraud. Guess what C is for?

In today's bearcast I look at the A to E of AIM fraud. It covers Advanced Oncotherapy (AVO), Boxhill (BOX, Cloudtag (CTAG), Daniel Stewart (DAN) and Eden Research (EDEN). Can you remember which two of those have sent me a fascist lawyer's letter?

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1605 days ago

Lucian Miers writes to AIM Regulation re forward selling by L1 and Cloudtag market abuse

Bear raider Lucian Miers has again challenged the Oxymorons at AIM Regulation to take swift and firm action against Cloudtag (CTAG) for market abuse but has also raised the issue of forward selling by death spiral provider L1 Capital. This is effectively running a naked short and should thus be illegal. Miers writes: 

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1606 days ago

Cloudtag - the big rebrand launch: the name is Onitor. Whatever...

AIM listed fraud Cloudtag (CTAG) has unveiled the rebrand of its product which may or may not exist and which despite being first launched almost a year ago has generated sales of exactly 0. That this has excited the moronic shareholders of this company as the followed the countdown clock on the company's website says everything about the pea-brained fools,

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1606 days ago

Cloudtag: Are frauds allowed to break AIM Rule 26?

In the greater scheme of the litany of financial crimes committed by Cloudtag (CTAG) you may well regard this as small beer. Sure. But it is a clear breach of AIM Rules and yet another thing for hapless Nomad Cairn to address if it has not decided that it has had enough of putting its (increasingly less good) name to outright lies, and resigned. So what is AIM Rule 26 and why has Cloudtag broken it?

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1608 days ago

Tom Winnifrith bonus bearcast - more lies from Cloudtag, shares to restart trading Friday: SELL

Cloudtag (CTAG) has released an after hours RNS. It beggars belief that Nomad Cairn has signed off on this shite, More lies to compound earlier lies but also an admission of more breaches of AIM Rules and that 2016 sales will be zero, contrary to earlier lies. It is all utter horseshite and in this special podcast I take apart this statement bit by bit. It is a bad day for AIM. Cairn you should be ashamed and is beneath contempt. Cloudtag has lied and committed fraud and its shares are a sell with a 0p target.

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1613 days ago

Cloudtag Competition - Win a Golden Ticket as we assist with rebrand

AIM fraud Cloudtag (CTAG) has today stated that it is going to rebrand its product. We are always keen to help and so invite you all to suggest possible names. My own suggestion is "FitFraud". Can you do better? Well here is a reason worth £90 to try your best.

Steve Moore will decide the best entry on Sunday night and that person will be sent a golden ticket to the UK Investor Show on April 1 & Saracens Cabaret on March 29 2017, which normally costs £90 inc VAT.

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1613 days ago

BMR Group at 6.125p worth 27p after Kabwe news says WH Ireland

Ok, WH Ireland employs a good selection of total tossers and it is Nomad and Broker to BMR Group (BMR) so its research is not impartial. But the news from Kabwe yesterday was good and, as you know, I am a fully paid up member of the Alex Borrelli fan club. Borrelli has saved BMR after the former chairman stole all its cash and is one of AIM's honest chaps.

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1613 days ago

Servision - vulture loan keeps it afloat for a couple of months

My analysis of interim results from AIM dog Servision (SEV) which came out in September was that it was not generating cash and that its balance sheet was a trainwreck. I summarise of course but you can see the full analysis here.

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1616 days ago

FRAUD African Potash shares up 30% (and it was 90%) - a dead cat bounce as it debuts on ISDX

Shares in the fraud African Potash (AFPO) made their debut on the ISDX lobster pot today and for some reason have surged on AIM. This is a dead cat bounce. Tomorrow they will be suspended on AIM and a month later booted off the Casino because no Nomad will act for this company - Cantors having given notice on September 7. The reason that no Nomad will act - despite promises from lyin' Chris Cleverley in a recent RNS that he was confident one would - is that Potash issues lies via RNS to get placings away. Thus it is a fraud.

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1616 days ago

More damning statistics on AIM, provided by the world's "most successful growth market". Not!

As a boy I would eagerly await the start of each month. Before I went to bed I said hares brown hares and my first words on waking would be rabbits white rabbits. That was meant to bring you luck. These days the start of the month ritual ( well six days in) involves chortling at the latest dire statistics AIM provides about itself. November was as bad as prior months. AIM is nothing if not consistent.

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1617 days ago

New Bulletin Board Moron of the Week Contest sponsored by sleazy Lord Peter Hain

I shall be saying another prayer at the little church on the way to my Greek Hovel tomorrow morning. It will be a prayer asking God not only to show strength to my source on the kerboom emails for one AIM stock but also to make Lord Peter Hain see the light about his involvement with the fraud African Potash (AFPO) as it prepares to see its shares suspended this Wednesday. Lord Hain is no doubt familiar with the book of Mark, chapter 10 verses 20-24. King James version natch:

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1617 days ago

Explosive email leak - Advanced Oncotherapy and Sinophi: the real timeline emerges

AIM promote Advanced Oncotherapy (AVO) and Sinophi have already publicly disagreed as to whether the $120 million order by the Chinese has been "terminated" or not and and on when it was "terminated". Advanced announced the bad news on November 24 suggesting no termination, Sinophi used the T word and said it told Advanced in "early November". A source out East has ensured that I have now obtained access to confidential emails from Sinophi to Advanced which show that Advanced was aware of problems far earlier and at a time when it was soliciting funds from investors. It did not tell those investors. Heads must roll.

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1619 days ago

The emails have landed - I love the smell of AIM Napalm in the morning

The emails I referred to in Friday's bearcast have landed. Clearly my prayers on Friday night were heard. Thank you God. I have now completed the article which will expose on AIM company to the most almighty scrutiny and fallout. I want to sleep on it before publishing at some stage tomorrow. But here's a hint!

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1620 days ago

Tom Winnifrith Bearcast: 550kg of olives harvested in one day, I'm cream crackered

I am utterly wiped out after day one of what looks like being a cracking harvest. A full photo report is HERE. In the podcast I discuss votes tomorrow in Austria and Italy and what they mean and why we bears are feeling good about the lack of a Santa Rally. Trump was Santa this year and that rally is over. I explain why I disagree with Malcolm Stacey's article today. I then look at a number of AIM stocks set to slide and why, as I refer to Steve's piece earlier. In focus: Avanti Communications (AVN), Advanced Oncotherapy (AVO), Telit (TCM), Boohoo (BOO), Tungsten (TUNG), Fastjet (FJET), Cloudtag (CTAG), African Potash (AFPO) and I have a few words about Worthington (WRN)

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1622 days ago

Tom Winnifrith Bearcast: Speaking at length about AIM fraud to a bird from Bloomberg

She was horrified. I am not sure she agreed with my line that the mainstream press were part of the problem not the solution but she agreed that AIM had its issues. On the bearcast today I look at Red Leopard (RLH), Formation Group (FRM), Mobile Streams (MOS) and its charming CEO - Andalas (ADL) - whose CEO is a tosser - Strat Aero (AERO), Finnaust (FAM), Inspirit (INSP), Plus 500 (PLUS), Advanced Oncotherapy (AVO)), TrakM8 (TRAK) and Cloudtag (CTAG) plus one way of looking at it which sees 300 companies on AIM as a sort of fraud.

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1622 days ago

UPDATED: Plus500 - problems ahead in Cyprus? A compelling short

I am back in the Hellenic Republic once again and it appears that there may be a few problems ahead for AIM listed Plus 500 (PLUS) in the Greek speaking world. A contact flags up developments in Cyprus where - as you can see in the attached document - Plus does much of its business.

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1622 days ago

Calling all Mosman shareholders - new ShareProphets Campaign, let's sack Andy Carroll

Finally the joke AIM company that is Mosman Oil & Gas (MSMN) has got around to posting notice of its forthcoming General Meeting at where there is just one motion - the re-election of Technical Director and the face of Mosman, Andy Carroll, to the board. This is our chance - we urge you all to vote Carroll of the board.

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1622 days ago

Mobile Streams placing at 50% discount - sign up with PrimaryBid now

The Primary Bid bandwagon is gathering speed and anyone interested in AIM should register now HERE. Today's vindication of Dave Mutton and his team is from Mobile Streams (MOS) which is doing a placing and open offer at 4p - the shares w4ere 8p last night. In days gone by this would have been for bucket shops only but now you can take part too, thanks to Primary Bid.

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1623 days ago

African Potash - the writing is on the wall for the last day of AIM on December 7 - ISDX application made

African Potash (AFPO) saw its Nomad Cantor Fitzgerald quit on September 7 and it is still yet to find a replacement who will sign off on its bogus and untruthful press releases. If no-one steps up to the plate by December 7 its shares are suspended and a month later they will be booted off AIM. African says it is confident it will find a replacement Nomad but just in case... the shysters have been busy.

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1623 days ago

Waseem Shakoor explains how a death spiral works for rubbish AIM Companies

The great bear raider is a charitable soul and is doing his very best to explain to Cloudtag (CTAG) owning morons how death spirals work for frauds like the one they are invested in. What a nice guy Shakoor is, spending his valuable time educating the (soon to be) poor and stupid. Give the man a bloody knighthood for services to the intellectually challenged. Saint Waseem explains thus.

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1623 days ago

Tom Winnifrith Bearcast: Is Mosman Oil & Gas the worst run shitty little AIM oil company?

I must rush. Woodlarks beckons and then it is Greece. But first I look at: Advanced Oncotherapy (AVO) in light of last night's bombshell HERE, TrakM8 (TRAK ) - chatting to Paul Scott - Pantheon Resources (PANR), Bushveld Minerals (BMN), FastForward (FFWD), Jim Mellon's reported comments and Mosman oil & Gas (MSMN).

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1625 days ago

Cloudtag & Nomad Cairn: Another urgent request to AIM Regulation

Over the weekend I urged AIM Regulation and the FCA to open a formal enquiry into market abuse and securities fraud by the AIM uber-fraud Cloudtag (CTAG). This morning I have sent an urgent missive to AIM Regulation and its hapless boss Marcus Stuttard asking why Cloudtag is not being forced to postpone its General Meeting allowing it to issue more shares.

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1628 days ago

Fastjet: chairman walks in disgrace it is almost out of cash just four months after £15 million placing

In late July of this year AIM listed basket case African airline FastJet raised £15.2 muillion at 50p. Wind forward to two days ago and the shares were just 18.5p but then started falling sharply to 16p last night and this morning came the disastrous admission. Naturally there is no insider dealing on the world's most successful growth market. The shares are now 14.5p and will sink lower as it has all gone horribly wrong.

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1628 days ago

Game Changer for AIM: Sound Energy - £24.1 million fund raise - you can take part via Primary Bid

I will not be. As far as I can see the current market cap of £450 million is borderline insane and certainly not justified by the fundamentals. So I don't blame Sound Energy (SOU)  at all for raising cash at this level. If folks want to pay up, the company would be crackers not to let them. But some will disagree.

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1630 days ago

Our Readers said: Even Roland "Fatty" Cornish not bent enough to act for FRAUD African Potash - its screwed

On Monday Cantor Fitzgerald announced that as of December 7 it would no longer act as Nomad for the AIM fraud African Potash. So Potash needs a new Nomad to sign off on its lies to enable it to commit securities fraud. But who will act for it? We polled you yesterday and while many of you thought that cometh the day there was only on go to Nomad for a fraud, more of you thought that no-one, not even Roland "Fatty" Cornish, was that desperate. But that potential tax issue may prompt an urgent need for cash and that may yet sway Fatty! The results of who you thought would act for the fraud Potash are:

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1630 days ago

Corero - just when is the next rescue placing?

It was only seven months ago that AIM uber-dog Corero (CNS) appointed Cenkos as its joint broker and promply raised just under £9 million at 22p. Gosh i am glad that i am not an institutional client of Cenkos with the raft of dogs and frauds it has acted for in recent years. The shares are now just 9.5p to sell. But another bailout placing looks inevitable. Just do the math!

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1630 days ago

CloudTag – just how secure is that death spiral funding package?

We wait patiently for AIM-listed Cloudtag (CTAG) to get its fitness device off the production line - if either actually exists. Then it can meet the $5.2 million guaranteed order during 2016 from Second Chance which has morphed into what looks more like an £880,000 expression of interest which might lead to sales some time this year or next, if ever. Until then we can rely upon the death spiral funding package announced on 7 November to keep the company from taking a one-way trip to the corporate knackers’ yard. Or can we?

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1630 days ago

BREAKING: Finnaust - placing at 7p to raise £7m? After the pump...

A City source tells me that broker SP Angel is right now endeavouring to raise £7 million for Greenland mining outfit Finnaust (FAM) at 7p per share. At a current 8p to 8.75p the company is valued at £40 million on AIM.

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1630 days ago

Zegona - polishing a turd with today's RNS

The headline is "Zegona to appoint KPMG as auditor." For Zegona (ZEG) which upgraded from AIM to the main market just over a year ago that sounds like a positive enough move. But...

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1630 days ago

Tom Winnifrith Bearcast: AIM Death List Update 4 - Four New Entrants, now 10 kills from 27

On 13 June I started my 21 stock Death list portfolio - 21 shares heading for zero or being booted off the market - see HERE. Until now 27 stocks have entered the portfollio and I am claiming ten kills - not bad eh? Today I go over the four kills since the last update and add four new entrants to the portfolio. Do the Cloudtag morons really want to bet against me with my current kill rate? I review all 21 now current members. The stocks mentioned are: Worthington, JQW, Jiasen, Camkids, China Chaintek, Trap Oil, Mosman Oil & Gas, Monitise, Outsourcery, Magnolia Petroleum, Arian Silver, Sareum, Avanti Communications, Daniel Stewart, Mariana Resources, Sefton Resources, Golden Saint Resources, Sovereign Mines of Africa, Afren, Wandisco, Tungsten, Blur, Auhua, Afriag, InternetQ, Servision, Igas, Cloudtag, African Potash & Slater & Gordon.

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1631 days ago

Tom Winnifrith Bearcast: Grounds for divorcing the Mrs, 7 stages of grief (part2) & the stocks on AIM to short

I start with behaviour by the Mrs which is surely grounds for divorce or at least enough to see her lead off in chains by the RSPCA. Then it is back to the seven stages of grief and how it relates to shares. Then I look at the most shorted stocks on AIM as per Steve's article earlier - but also those that should be most shorted but why they are not, i.e. Cloudtag (CTAG), African Potash (AFPO) and the slam dunk zero IGAS.

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1631 days ago

The Chairman's Blog 21: Sir Benjamin Dover of Global Mining Endeavours is back after a workplace injury

Following the example set by Paul Warwick the chairman of worthless penny stock Andalas (ADL) in starting a blog, Sir Ben Dover of AIM listed Global Mining Endeavours has decided to follow suit and like Paul promises to be candid in his approach. Blog number twenty one....

You can see all the entries in The Chairman's Blog HERE

18 November 2016

You will forgive my long absence from the blog thing.

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1631 days ago

Tom Winnifrith Bearcast: The common threads of AIM value destruction and Autumn Statement thoughts

I end with a few thoughts about the Chancellor's forthcoming Autumn Statement. I think we are at the "natural rate of Unemployment" and thus what is needed is not massive infrastructure spending and more deficit financing but supply side reforms to tax and welfare. Before that I refer to my earlier death list bearcast and look at the common threads that link AIM companies that will, at some stage, go bust.

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1631 days ago

Watch where you are buying - the placing frenzy on AIM is stunning & tells you two things

I was struck by a number of conversations I enjoyed during my trip to London this week with brokers on the sell side and also bucket shop investors - they are rushed off their feet. This is confirmed by the comment below from Andrew Monk of VSA and it tells you two things very clearly. Take heed, you have been warned.

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1631 days ago

SCANDAL: PWC lays bare the £60 million black hole at Gable and the massive regulatory failure on AIM

PriceWaterhouseCcoopers, PWC, is acting as administrator to the subsidiaries of Gable Holdings (GAH) and has published a damning report making clear the black hole that has existed there since the start of the year. The shares were suspended only on September 12. This is a scandalous failure on the part of Nomad Zeus and the Oxymorons at AIM Regulation.

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1631 days ago

Lost money on China Frauds Naibu, China Chaintek, JQW & Camkids - here's a mad idea

Did you lose money on any of the Fujian Four? We hope that you took our warnings seriously and did not but now there is hope if you ignored us and lost out. Or is there? I refer you to the website of China Resolutions which claims that it may get your money back.

Its advisory board is headed up by John McClean who, as Chairman, was happy to take the cash from China Norfolk Aquatic Foods (AFG) until recently and was also Chairman of now de-listed Norfolk Sorbic which served up the usual tale of woe on his watch, see HERE.

Resolutions claims

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1631 days ago

Corporate disaster odd one out contest sponsored by Cloudtag

This odd one out contest really should be simple. You will find below the logos of four companies. One is already bust, one is teetering and is a major scandal and has been booted off AIM, one has seen its shares collapse by 90% in three years and the other is Cloudtag. But which is the odd one out and why? Post your answers in the comments section below by midnight on Tuesday

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1637 days ago

The People's Operator - if this is not insider dealing on AIM what is?

By shortly after 10 AM today shares in The People's Operator (TPOP) had crashed by 30% from 16.5p mid to just 11.5p. By midday there had been a marginal recovery as some morons went bottom fishing. But there had been fewer than 50,000 shares traded. At 12.33 PM the company published a catastrophic RNS. If this is not insider dealing what is?

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1640 days ago

Tom Winnifrith Bearcast - Draining the swamp of AIM

Over on my personal website today's podcast (HERE) looks at  how the liberal establishment still don't get it post Trump. In bearcast I look back at a fraud from seven years ago which is back in the news and discuss why we fail to drain the swamp of AIM or indeed the wider City of London 

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1640 days ago

Draining the AIM Swamp - Nomad Strand Hanson & its problems with the taxman

As I have highlighted in other reports, the AIM market is shrinking in terms of the number of AIM listed companies and number of new IPOs. Unsurprisingly this is having a dramatic impact on the profitability of some of the City players. For instance Strand Hanson which acts as NOMAD to 36 AIM companies commented in its Strategic Report for the year ended 31 December 2015, submitted on 13 September 2016, as follows:

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1640 days ago

Mkango shares hit new low of 2.75p - remember to book in for 17th November bunfight

Shares in AIM uber dog Mkango Resources (MKA) have today hit a new all time low of 2.75p as the ramp has failed and as investors start to appreciate just how close this company is to, once again, running out of cash.

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1640 days ago

The latest data from AIM shows it at 12 year low - The casino is collapsing

As predicted HERE there were fewer than 1,000 companies listed on the AIM Casino at the end of October. the total of 995 was the lowest since late 2004. Here we are at the end of an eight year bull market and AIM is still collapsing - it has 1,347 companies back in 2007. But read beneath the headlines and the data is even more shocking.

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1640 days ago

New World Oil & Gas booted off AIM but all is not lost. Oh no!

New World Oil & Gas (NEW) has today been booted off AIM for failing to fulfill its investment policy following the collapse of the Big Sofa RTO but all is not lost...far from it.

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1645 days ago

Electric Jukebox backed by Nigel Wray & Cheryl Crow - sorry BB I am going to pass

The Sunday Times front page splashed with news of a forthcoming AIM IPO in the music streaming world, Electric Jukebox. It is an easy splash in that my pal Nigel Wray, Britain's Buffett, is an investor and the company has celebrity "investors" lead by Cheryl Crow whose face beams out of the paper. Chris Akers vehicle Yolo (YOLO) has today raised £2.5 million and is investing £1.4 million in EJ so maybe that is the IPO the paper refers to. But for me this is a big miss and here's why.

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1646 days ago

Where Regulators fail market forces will wade in - Beaumont Cornish in focus

Alistair Osborne lashed out at Nomad Roland "Fatty" Cornish in the Times on Saturday listing his long list of AIM failures. A central point made is that Fatty banks huge fees for doing an IPO only to quit before the shit hits the fan or before the fat lady sings. In other words he earns megabucks and then scuttles off to hide in his favourite restaurant whilst others suffer the financial damage. Osborne starts his article on New World Oil & Gas (NEW).

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1647 days ago

Tom Winnifrith Bearcast: A tale of 3 AIM shares, The Good, the Bad & the Ugly

Today I look at just three shares in some detail. There is MBL Group (MUBL) which is, I think, too good for AIM, Cluff Natural Resources (CLNR) where I think some folks have been very bad, and Eden Research (EDEN) which is an ugly little fraud heading for 0p.

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1648 days ago

LGC Capital (Lenigas Cuba) – The Sherriff of AIM reaches across the pond to become the temporary Mountie of the TSX.V

It is just over a year since my pal David Lenigas, listed Leni Gas Cuba (LGC) on ISDX. It has subsequently undertaken a reverse takeoverof Knowlton Capital on 12 July 2016 to obtain a listing on the Toronto TSX Venture Exchange. Following the recent publication of its results, I decided to have a butchers. To be fair to Lenigas, he has made one cracking investment. But the overall picture is ...mixed. 

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1649 days ago

Tom Winnifrith Bearcast Special: PR Genius Steffi, Beaufort Securities, the Vox rampfest and Solo Oil - the sordid underbelly of AIM

In this bearcast special I take apart a share price ramp being orchestrated today by Solo Oil's (SOLO) broker Belfort Securities, PR fecking genius Steffi and the rampers nest of snakes that is the Justin the Clown podcast at Vox Markets. Investors need to be aware there is a massive stock overhang and a placing ahoy. They are being hoodwinked not by the company I stress but by its crony capitalist advisers and by those for whom Lenin's phrase "useful idiot" could not be more apt.

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1651 days ago

Gotcha! Tony Blair crony Labour Lord David Evans goes at Advanced Oncotherapy "with immediate effect" - 6 days after I reveal share dealing scandal

There is no explanation at all given for today's resignation, with immediate effect, of Lord David Evans from the board of Advanced Oncotherapy (AVO). If it had been planned, as a result of illness or some other matter, it would have been announced with other board changes on October 10 and 27. Make no mistake: the reason that Evans has "resigned" is my scoop of 6 days ago regarding his share dealings - Congratulations you Blairite low life you have met The Sheriff of AIM.

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1653 days ago

Premaitha - The Guardian reports that the NHS will offer free NIPT tests from 2018: what about morality?

The Guardian has reported that as of 2018 the NHS will offer free non invasive tests for Downs to all at risk women. This is great news for AIM listed Premaitha (NIPT) which is a leading provider of such tests. For it there is a clear financial gain but there is an ethical element here which as a shareholder but also a recent father causes me some issues.

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1653 days ago

Management Resource Solutions - another nightmare for AIM emerges

Management Resource Solutions (MRS) has been a stock much ramped by the usual suspects and its shares have flown until last Thursday when they were suspended pending clarification of its financial position. The next day the CEO and founder was fired. But we can reveal that the CEO Paul Morffew claims this is a stitch up and, as a 20% shareholder is prepared to fight back. This has the potential to be another major AIM scandal given that it was less than two months ago that £2.8 million was raised at 10.5p. Nomad and co broker Northland is refusing to answer calls and its position now looks untenable.

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1654 days ago

Just how useless is a house broker "buy" note: Shamed Canaccord on IGAS

This website has pointed out that AIM listed IGAS has been a slam dunk sell for more than two years but for a good few months as it warned that it would breach covenants on its bonds any moron could see that the writing was on the wall. Except loyal house broker Cannacord, shamed over the Quindell fraud, its research on this has been laughable. It shows that a buy note from a house broker, especially one as shoddy as Cannacord, is just worthless. You will remember how Canaccord fired heroic Kevin Ashton, the world's number 1 tech analyst, when he refused to write a buy note on the Quindell fraud.

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1657 days ago

Roger Lawson wants taxpayer cash to subsidise ShareSoc

The poltroons at ShareSoc led by Roger Lawson have written to the Business, Innovation and Skills Committee inquiry on corporate governance with a number of suggestions on cleaning up AIM. First up, send large amounts of taxpayers cash to Lawson and his pals. You could not make this stuff up.

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1660 days ago

AIM Below 1000 Companies and at 12 year low - part 2

On Saturday we revealed shocking official data showing that AIM is now below 1000 companies (we make it 998) and at a 12 year low. It gets worse as a drill down on the 1000 stocks listed at September 30 2016 shows much worse.

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1661 days ago

Dragon's Den Star Piers Linney sends £21 million of other folks cash to Money Heaven

The PC Gauleiters at the BBC could not get enough of Dragon's Den star Piers Linney: black, working class, Northern, worth £100 million. Ab fab. All he needed to do was come out of the closet and chop his leg off and he would have been the perfect Royal Flush. The only thing was that his CV was not er...true. And documents filed by administrators to formerly AIM listed Outsourcery (OUT) show just what a Walter Mitty figure Piers was. Or maybe it was just BBC lies all along. Pravda does have form after all.

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1662 days ago

BREAKING: It's back to 2004 lows as AIM sinks below 1000 companies

The Self styled "World's Most Successful Growth market", or to you and me the AIM casino is in deep trouble and will this month see the number of listed companies fall to a 12 year low of below 1000. Fraud, appalling returns, overpaid bloated crony capitalist advisers have all combined to leave this market with no credibility at all. The data tells no lies...unlike the CEOs of most of the companies on the casino.

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1662 days ago

More crooked than a Beaumont Cornish AIM IPO - Nigel Somerville wins "fatty" Caption Contest. I go to HMRC whistleblowing

No doubt our in house comments section loon Wildes will be, once again, reporting me to the FCA for this but the winner of this week's Roland "Fatty" Cornish, the worst Nomad in London, Caption Contest is the Deputy Sheriff of AIM. We asked for captions to the picture below:

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1663 days ago

Tom Winnifrith Bearcast - can you monetise a twitter Troll & Belfort, Bushveld & the AIM Cesspit

A late bearcast. Sorry. I was working on the new share tip. Away from that I look at just two stocks: twitter and how you monetise a troll? So what does that make the shares worth? Then onto Bushveld Minerals (BMN) and its placing today done by Belfort Securities. What does that tell you about AIM. There is a lot of PR horseshit flying about that placing as I point out. Warning: this bearcast contains bad language right from the start.

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1664 days ago

Tom Winnifrith Bearcast: Telit still the biggest short on AIM + not investing in PR

On today's podcast I look in detail at Porta (PTCM) and other people businesses. Porta employs top PR person foxy Bex but even so its shares are a stonking sell. I then look at frauds Highlands Natural Resources (HNR) and Servision (SEV) and then onto the biggest short on AIM, Telit Communications (TCM)

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1664 days ago

Daniel Stewart - a big fudge to delay publishing ghastly accounts

Remember when the fraudster Rob Terry told his deluded followers that shares in Daniel Stewart (DAN) were worth 10p each. In those days they were listed on AIM but Terry reckoned that they could be worth even more when delisted. Hmmmm. Now slung off AIM things seem to be going from bad to worse.

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1664 days ago

Reach4Entertainment: Buy after share price slide

For reasons that seem entirely related to illiquidity on AIM and nothing to do with fundamentals, shares in Reach4Entertainment (R4E) have ratted back to 1.25-1.4p. It is crackers.

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1666 days ago

Write to Marcus Stuttard at AIM Regulation NOW to Demand Roland Fatty Cornish is struck off

Today is a very dark day indeed for AIM as the scale of the white collar crime at New World Oil & Gas under its former management team has become clear. That former directors should be investigated by the SFO and others is clear. But AIM Regulation must act quickly to cut one cancer out of the system, it must stop Roland "Fatty" Cornish individually and his firm Beaumont Cornish from ever acting as a Nomad again. I urge you to email the boss of AIM Regulation Marcus Stuttard demanding this happen and suggest what to write below. You can email Marcus at

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1666 days ago

Shamed Globo Entrepreneur Gavin Burnell drives coach & horses through AIM rules again - Onzima suspended

Oh dear, Oh Dear, Gavin Burnell is in another spot of bother. Gavin, who is now working as a senior broker at bucket shop Beaufort Securities, brought the fraud Globo (GBO) to the market and made vast sums as a well paid NED and via share sales while the CEO stole all the cash. After that no firm with any credibility or self respect would hire him but clearly he fits in really well round at Belfort. But now there is another trainwreck on his watch - Onzima Ventures (ONZ) shares in which have been suspended today.

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1668 days ago

The Chairman's Blog 18: Sir Benjamin Dover of Global Mining Endeavours - beaten by Chris Cleverley

Following the example set by Paul Warwick the chairman of worthless penny stock Andalas (ADL) in starting a blog, Sir Ben Dover of AIM listed Global Mining Endeavours has decided to follow suit and like Paul promises to be candid in his approach. Blog number eighteen...

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1669 days ago

Guess the chart Competition - hint, its a FRAUD!

Okay this weekend's guess the chart contest is really simple. The deadline to enter is midnight Sunday and simply post your suggestions in the comments section below. The hint is that this AIM listed company has engaged in multiple frauds. Hmmmmm AIM listed frauds, still a long shortlist but as a second clue, this one is not bust yet!

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1669 days ago

The shady rampers behind Mkango exposed by Dan Levi - palpable lies behind this worthless crap

Comrade Brokerman Dan has today revealed quite appalling lies told by promoters of the worthless AIM rare Earths disaster in waiting Mkango Resources (MKA). This shows both what amateurs they are and also the dishonesty surrounding the company. Dan and I will be putting Mkango to the sword as it presents in London on 17 November. Register today to join us. Now read on and see why these shysters must be exposed.

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1669 days ago

Gable - when was it toast and why were investors not told? Heads must roll Mr Stuttard

Slung off AIM yesterday, Gable's (GAH) main subsidiary is now in administration and the PLC will surely follow, as I explained HERE. No doubt Marcus Stuttard and the oxymoronic clowns round at AIM Regulation will no doubt just dismiss this as "one of those things" that happen now and again on "the world's most successful growth market". The CEO has made £15 million in the AIM years but investors have lost everything. There must be an major and formal enquiry and here is why.

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1669 days ago

The Chairman's Blog 17: Sir Benjamin Dover of Global Mining Endeavours is at the AIM Awards tonight

Following the example set by Paul Warwick the chairman of worthless penny stock Andalas (ADL) in starting a blog, Sir Ben Dover of AIM listed Global Mining Endeavours has decided to follow suit and like Paul promises to be candid in his approach. Blog number seventeen....

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1669 days ago

Vast Resources - The Interest Free loan which will actually cost a minimum of 27.5%

Shitty little AIM Companies such as Vast Resources (VAST) would be better off borrowing on the company credit card than dealing with loan sharks such as Bracknor and Northland Capital. To add insult to injury Vast describes as $2 million loan today as interest free. Bollocks. It is even more expensive as the infamous loan from fragrant Katrina Clayton the wife of the FD at FRAUD African Potash (AFPO).

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1669 days ago

Mkango - the ramp has failed, its a countdown to the bailout placing

Have you looked at the chart of AIM dog Mkango Resources (MKA)? It is a corker. It is all down to the looming cash crisis and that is why the shares now trade at 3.5p-4p which is below the IPO fund-raise price from June 15. That tells you how much trouble this piece of Turkish is in.

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1671 days ago

Concepta: how would you like a free £70,000? No thanks said AIM Investors - morons

Concepta (CPT) has announced that it has issued 464,674 shares following the exercise of warrants - something we warned you about last week. That brings in £34,851 which is frankly neither here not there. Around 10% of that cash came from the exercise of warrants by FIML and my pension fund. Neither are selling at anything like this price although the shares are well up on a 14p offer share tip.

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1674 days ago

Telit - now the biggest short on AIM?

There are many smaller companies on AIM that are heading for zero as they are either almost out of (other folks) cash - Avanti Communications (AVN), IGAS (IGAS) or are plain frauds like African Potash (AFPO) nor Cloudtag (CTAG). But if you are a looking for a big company with plenty of borrow that is ripe for a share price collapse look to Israeli tech stock Telit (TCM). At 278p the market cap is a monstrous £321 million, call it $400 million. That is a rum n coke.

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1674 days ago

FastForward - On the ramp again, guess cash must really be low and it's placing ahoy

FastForward - On the ramp again, guess cash must really be low and it's placing ahoy
Lorne Abony must have needed a holiday because having been running at more than one RNS a week for most of the year things went quiet (relatively) in August and September at FastForward Innovations (FFWD), the second most self-ramped stock on AIM. But now old Lorne is back in full ramptastic mode with two announcements in two days at the end of last week.

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1675 days ago

Tom Winnifrith Bearcast: Why twitter could be worth $0 & a note for stock owning moron homophobes

I again find myself asking about the high correlation between those who own shares in the crappiest frauds on AIM and those who think calling someone gay is a term of abuse. Whatever. Of more import I look at twitter a case study in bull market insanity. It will not be "different this time" and there is a case for saying that the shares are worth $0.

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1676 days ago

Progility - How does Wayne Bos reckon his related party deal of 3 years ago has fared?

Just over three years ago Wayne Bos was seen as the man who was going to turn around AIM Listed ILX. He stuck in a bit of his own cash and with the shares at c10p, long suffering investors were lead to believe that the future was bright. So ILX then paid £15.97 million in shares to buy Progility (PGY), a company owned largely by er....Wayne Bos.

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1676 days ago

Cloudtag - Second Chance Accounts in - show what a lie is the $5.2m distribution deal

The major international distributor based in a shed in Blackpool Second Chance has finally filed its accounts for the year ended 31 January 2016 with Companies House and they show quite evidently that the deal with it announced by AIM listed fraud Cloudtag (CTAG) is sheer fantasy.

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1681 days ago

African Potash - an admission that it has committed fraud & a new caption contest for Lord Peter Hain

On 1st September AIM listed fraud African Potash (AFPO)demanded that I pay it money, withdraw all my articles about it and promise never to write again. It stated that if I did not comply by 4 PM on 2nd September it would be forced to take legal action against me. I told the bitchez at fascist lawyers Memery Crystal that I was 2 nil up against its fraudulent clients so far (Globo and Pirate Pete Landau), that I could not wait for disclosure that would bring me a hat-trick and that I'd see the bitchez in Court. So where are we now, a month later? Er....

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1683 days ago

The arrogance of City folk who fail to accept there is a problem with China fraud - they are alright Jack

A leading City broker today opined "Now for bashers of Chinese Aim stocks they can have a field day today with Asian Citrus Holdings and their announcement on why they are suspended." Bashers of Chinese AIM stocks? Bashers? For the thousands of private investors who have seen their pensions raped by China frauds as City advisors have banked vast fees and prospered let us put those words into context.

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1683 days ago

Dear Aunty – about that AIM Fraud radio programme last night…..

It was an interesting experience listening to the Radio Four show “File on Four” yesterday evening at 8pm. It was a programme about fraud on AIM, with a big focus on the China Frauds we have exposed right here on ShareProphets. There have been plenty of other frauds which have resulted in Tom Winnifrith being in receipt of lawyers’ letters, death threats and much more besides. And with reference to the China Frauds, it is here that you read it first. So why is it that the Beeb didn’t bother to get in touch with us directly?

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1684 days ago

Eden Research - Rum & Coke Interims - when will the Terpenetech FRAUD be conceded

AIM listed long time fraud Eden Research (EDEN) has posted half calendar year numbers which are as dismal as ever - this is a company whose retained losses after twenty one years are now £34.145 million. After 21 years of promising ever more jam tomorrow Eden is still reliant on fraud to keep going.

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1684 days ago

Tom Winnifrith Bearcast: Fraudsters, losers & tossers the lot of them

In this bearcast I refer to my article on the Trump & Clinton debate overnight and what it means HERE and the latest shocking expose of Quindell fraudster Rob Terry HERE.  I warn about bad things happening in Euro land and the worst of tem all is Deutsche Bank. There is a Radio 4 programme tonight on AIM fraud at 8 PM. I am not involved but some fine upstanding members of the community are. that is irony in case the loser Roger Lawson thinks I have forgiven him and ShareSoc for defending the blinkx law breakers by smearing me and Ben Edelman.Elsewhere I look at the role of certain NEDS who are Tim not so nice but fucking dim. I cover the Cloudtag (CTAG) scam, Northern Petroleum (NOP) - placing ahoy _ and Imaginatik (IMTK) as well as China fraud Jiasen (JSI)

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1688 days ago

The Chairman's Blog 16: Sir Benjamin Dover of Global Mining Endeavours wants to meet Sir Henry Bottomface

Following the example set by Paul Warwick the chairman of worthless penny stock Andalas (ADL) in starting a blog, Sir Benjamin Dover of AIM listed Global Mining Endeavours has decided to follow suit and like Paul promises to be candid in his approach. Blog number sixteen....

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1690 days ago

Tom Winnifrith Bearcast: I hate you Barclays, you are bastards

I reflect on how we gym users suffer and on how dealing with Barclays Bank as a customer has made me so angry today. I hate the banksters and make a few unkind comments about the Isle of Man. Then it is onto Feedback (FDBK) and a detailed look at Cyan (CYN) and an awful broker note you can read HERE from Beaufort which I tear apart. I really despair at how bent AIM has become. What is the point of being honest anymore? 

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1690 days ago

BREAKING: Gable - why did it not reveal its dire regulatory mess to investors?

Gable (GAH) says that it wants to stay on AIM and its CEO William "Piggy" Dewsall seeking a new Nomad following the resignation of Zeus Capital on 12 September. In which case why is it NOT informing investors of the regulatory mess it is in? Is that not an AIM Rule breach? Is it telling prospective Nomads the bad news? Why did it not announce the information below on 9 September when its shares still traded? Is this why its chairman walked on 9 September? Answers Piggy, give us some frigging answers!

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1690 days ago

EXCLUSIVE: Northern Petroleum: Argentine Unit heading for bankruptcy court - when was it going to tell investors?

And there was I thinking that if AIM listed companies had bad news they had to issue an RNS? Well maybe Chris Cleverley has re-drafted the rule book because Northern Petroleum (NOP) seems in no rush to fess up to the impending collapse of its Argentine subsidiary.

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1691 days ago

Guess the chart competition Monday - win a signed Sheriff of AIM Calling card

Just a bit of fun, unless you are moronic enough to own this AIM disaster story. Here is the one year chart for a well known stock on AIM. All you have to do is guess it. To give you a hint it is 90% of the way to reaching fundamental value.Post your entries in the comments section below.  The first correct entry wins a signed Sheriff of AIM calling card.

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1694 days ago

SKIL Ports & Logistics: Insider dealing? Misleading Investors on AIM or just gross incompetence?

Three years ago shares in AIM listed India play SKIL Ports & Logistics (SPL) were c90p. A year ago they were 40p before rallying to 85p in February 2016. On Friday they fell sharply from 22p to 20p. Did someone know something? Yes they did. At 4.32 PM, after hours, there was a shocking warning.

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1697 days ago

BREAKING: African Potash - First adviser walks - will anyone else show they put morality over money?

I sensed that those close to the fraud African Potash (AFPO) were getting skittish and now I can reveal that the first adviser has indeed handed in its notice. And I am not surporised as to who it is that has shown that it puts morality ahead of money.

The adviser quitting is St Brides PR. St Brides, you may remember, acted for the sister company to Potash, Sable Mining (SBLM) which last week said it was quitting the AIM Casino amid its own problems with a major bribery scandal. St Brides quit that account a good while back, whereas Nomad Cantor Fitzgerald hung on to the bitter end.

Congratulations to St Brides which shows that not all folks in PR are total rotters only interested in money. I hope that good companies on AIM who are looking for PR opt to go with St Brides on the basis that there should be a moral dimension to business and this agency - unlike others I could mention - is clearly on the side of the angels.I kinow a lot of AIM CEOs read this website, come on chaps, do the decent thing and hire St Brides first thing on Monday. 

St Brides has put morality and principle ahead of cash considerations and thus shown itself in the best possible light. The question now is 

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1697 days ago

Motive Television - now in administration ( at last) - Questions, questions?

It was rather inevitable but I bring you below the Companies House Notification which confirms the good news, the worst company on AIM, Motive Television (MTV) is now officially a dead parrot. Naturally what actually happened is nothing like what Motive told its moronic shareholders. 

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1698 days ago

The Chairman's Blog 14: Sir Benjamin Dover of Global Mining Endeavours celebrates as the Daily Mail brings home the bacon

Following the example set by Paul Warwick the chairman of worthless penny stock Andalas (ADL) in starting a blog, Sir Benjamin Dover of AIM listed Global Mining Endeavours has decided to follow suit and like Paul promises to be candid in his approach. Blog number fourteen....

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1700 days ago

September UK Investor Show Magazine - TW's top 7 holdings, 5 AIM frauds named & shamed and more

The September edition of the UK Investor Show magazine is live and as its two lead features reveals the top seven shareholdings of my family trusts, names and shames 5 AIM listed frauds and contains a raft of share tips and 3 sells (to zero) plus an exclusive interview with Richard Poulden of Wishbone Gold (WSBN), a challenge to PM Theresa May and Jeremy Corbyn involving Keith Vaz and much more. You can access the magazine now and at no cost below. I, Tom Winnifrith, am now on leave, Steve Moore will be editing the next issue.

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1704 days ago

Tom Winnifrith Bearcast: Pronto, Crowdfunding scandal, the SFO & Quindell

I look at the SFO decision on Tesco (TSCO) and examine what exactly it means for the fraudsters such as Rob Terry & Jon Stretton Knowles of Quindell who are now under investigation. And where does it leave smaller AIM listed frauds such as African Potash (AFPO), Cloudtag (CTAG) and Eden Research (EDEN). Then I look at the demise of crowdfunded new media darling of fuckwit millennials - Pronto. This is a massive scandal if anyone cared to look. Did anyone backing the funding back in June of this year know the company was already bust? Companies house shows that is the case HERE. Does crowdfunder Seedrs feel no responsibility to flag up such matters?  There are also read acrosses to listed tech plays such as Clouldtag to consider. 

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1704 days ago

The Chairman's Blog 12: Sir Benjamin Dover of Global Mining Endeavours getting into Bath with Miss Skirt

Following the example set by Paul Warwick the chairman of worthless penny stock Andalas (ADL) in starting a blog, Sir Benjamin Dover of AIM listed Global Mining Endeavours has decided to follow suit and like Paul promises to be Candid in his approach. Blog number twelve....

You can see all the entries in The Chairman's Blog HERE

10th September

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1708 days ago

BREAKING: InternetQ- was I right about the dodgy Bubbles after all? Companies House shocker emerges

In the December 2015 from my winter base in Greece I ran a series of articles, starting from Athens with Love, which, I believed, quite clearly showed that the Greek, AIM listed company InternetQ (INTQ) was a fraud. Specifically I demonstrated that its music streaming business Akazoo was a sham. The company denied this and in the end its boss Panagiotis Dimitropoulos and fund manager Tosca paid c£20 million to buy out minority shareholders and take InternetQ private. A cute deal or burying the truth in private? This is going to shock you.

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1711 days ago

I am at War: Get your See You in Court Bitchez T-shirt and help me fight the African Potash fraudsters: Tom Winnifrith

You can read the letter African Potash (AFPO) and its bully boy lawyers Memery Crystal sent me HERE. It is, quite frankly, a shocking admission of guilt on the charge that Potash committed Securities fraud. Yet these shysters are demanding damages and costs from me! My aim is to get Potash booted off AIM and to see all those involved taught an almighty lesson. I will fight the bastards, and their crony capitalist advisers, all the way!

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1711 days ago

Tom Winnifrith Bearcast: RIP Maurice Byrne, this is dedicated to you my friend

I start with a dedication to Maurice Byrne, a friend of my family for more than 40 years, a true eccentric and a bearcast listener who sadly passed away on Thursday. I will miss him, not least as a bulwark against the raging political correctness of my family. Then I turn to Cloudtag (CTAG) and African Potash (AFPO) two companies now exposed as having lied to investors in a material way just days before placings. What does this say about investing in frauds? What does it mean for the shares and what does it mean for AIM? as the Potash story now starts to head towards the Nationals (oh yes St Brides PR brace yourselves, you can smear me but will you continue in that vein?) what happens next in both cases? Maurice would have enjoyed these battles in so many ways.

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1711 days ago

The Chairman's Blog 9: Sir Benjamin Dover of Global Mining Endeavours talks Brexit, mad EU regulations, Chris Booker & Miss Skirt

Following the example set by Paul Warwick the chairman of worthless penny stock Andalas (ADL) in starting a blog, Sir Benjamin Dover of AIM listed Global Mining Endeavours has decided to follow suit and like Paul promises to be Candid in his approach. Blog number nine....

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1711 days ago

Cloudtag: revenue warning and an admission it lied 4 days before a placing: that is FRAUD

Hell: who cares if a company on AIM tells a blatant lie about a big order a few days before a bailout placing? African Potash (AFPO) reckons that is okay and now it appears that the most ramped stock of the moment, Cloudtag (CTAG) thinks that it is just part of the game too. Does anyone care about the rules any more or is fraud now acceptable on AIM?

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1712 days ago

Andalas: New Plans to monetise pie in the sky, its ramptastic news - placing ahoy!

AIM Rule breaker Dave Whitby of worthless crock of Turkish, Andalas Energy (ADL) is now officially on a ramptastic rampage as he works out how to get a bailout placing away before the New Year in order to stave off bankruptcy in the early part of 2017. Surely it is only a matter of time before he does another interview with Justin the Clown and gets the full ramping crew from Vox Markets and Big Gob's Momentous Events into action. After all, folks are only 90% down from buying into the ramp last time. What could possibly go wrong?

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1712 days ago

Still no lawyers letter from Memery Crystal acting for fraudsters African Potash so here's the one they sent us on behalf of fraudsters Globo - it is a scream

As you are aware African Potash (AFPO) has told the morons that it is consulting its lawyers about taking action against me for daring to point out that the the company were liars who had committed Securities fraud. Potash's lawyers are Memery Crystal whose senior partner was aware of at least one Potash fraud as he was cc'd in on the emails ahead of the RNS. That, as I explained HERE, is why Nick Davis should quit the AIM Advisory board now. So far Memery Crystal, has not sent me a letter on behalf of the Potash fraudsters but it did sent me one one behalf of the fraudsters at Globo. It really is fascistic, pompous and shows that Memery Crystal will act for the scum of the earth as long as it gets paid. 

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1713 days ago

Mkango Resources - Quarterlies and a whopping great lie about cash

Mkango Resources (MKA) the companyu with worthless (not so) Rare Earth assets in African which no-one else wants and which was trading whilst insolvent at the time of its AIM IPO has released its debut quarterly results on the Casino."When in Rome"...Mkango has marked the occassion with a great big fat lie.

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1713 days ago

African Potash - 2 days to find $1.1 million: an open letter to Lord Peter Hain

In two days time African Potash (AFPO) must repay its finance director's wife $1.1 million as it is obliged to clear the most expensive loan in AIM history. It has no cash so prepare for mega dilution as the loan will be repaid in shares at 0.29p per share, or lower. Against that background I have, this weekend, shown that on both January 6 2016 and December 1 2015 it lied to investors ahead of its last bailout placing, it engaged in fraud. The man charged with holding CEO lyin' Chris Cleverley to account on this is perma-tango tanned Labour Lord, Peter Hain. I have written to his Lordship today.

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1716 days ago

The Chairman's Blog 6: Sir Benjamin Dover of Global Mining Endeavours writes in triumph

Following the example set by Paul Warwick the chairman of worthless penny stock Andalas (ADL) in starting a blog, Sir Benjamin Dover of AIM listed Global Mining Endeavours has decided to follow suit and like Paul promises to be Candid in his approach. Blog 6

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1717 days ago

Tom Winnifrith Bonus Bearcast: what will the fraudsters at African Potash do next Thursday when they need to find £800,000 pronto?

Firstly I untangle Friday's RNS from lyin' Chris Cleverley and the fraudsters at African Potash (AFPO) - folks you need to do the maths! Then I explain why, as at next Thursday, this fruadulent, out of cash piece of Turkish is screwed. The countdown is on as Katrina Clayton knows full well and the the full posse is in pursuit. Congratulations lying Chris..you have just met the Sheriff of AIM. Football fans will understand the phrase - should I get a calling card made?

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1718 days ago

Buy your P45 for Stewart Dickson of African Potash infamy mug now!

Stewart Dickson of Nomad Cantor Fitzgerald is today exposed for his role in the scandal at African Potash (AFPO) as the company misled investors ahead of a bailout placing, as it committed fraud. You can read about Dickson's role HERE as we launch the "Fire Stewart Dickson to clean up AIM campaign."

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1721 days ago

An Open letter to the FCA, AIM Regulation and FRC asking each to investigate African Potash and Cantor Fitzgerald now over FRAUD

Yesterday's expose here of AIM listed African Potash (AFPO) demonstrated quite explicitly and without doubt that the company was guilty of fraud - that is to say raising money, with the assistance of Nomad and broker Cantor Fitzgerald - having materially misled investors. I have today passed on the supporting documentation to three different regulators asking all three to open investigations into African Potash. My open letter explaining why follows.

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1722 days ago

City of London - It only broke the law for 7 hours 24 minutes: Andy Crossley returns

This is bizarre if somewhat academic. AIM Listed City of London (CIN) has no cash and - almost certainly - negative net assets and thus it is bust and is worthless as explained HERE. But it was - as of 7 AM - today also breaking the law, well the 2006 Companies Act when Jason Granite quite as a director. PLCs must have two directors so as at 7 AM City was breaking the law. Not that AIM cared.

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1722 days ago

EXPLOSIVE: African Potash and the £600,000 bung it neglected to mention in its pre-placing ramp

On December 1 2015 AIM listed African Potash (AFPO) announced what appeared an incredible marketing deal for its fertiliser with a company called Beryl - of course nothing has come of the deal and what African neglected to mention was a £600,000 bung. A source in London has sent me the signed contract. One month and 12 days ahead of a bailout placing investors were grossly mislead as to the nature of the Beryl deal. Potash shares need to be suspended at once and AIM Regulation and the FCA have to get involved.

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1722 days ago

City of London - now just 1 rat left on sinking ship: the company is now breaking the law - bankruptcy looms

AIM Cesspit listed City of London (CIN) is surely a sinking ship. If Nomad Peel Hunt had a shred of integrity it would surely quit now on news that a third director has quit in six days leaving just one rat on board - chairman Paul Milner. The shares are off by 24% today to 3p but fair value ahead of suspension, administration or both is surely 0p. The Company is now in Breach of the Companies Act 2006, S154(2)which requires a public company to have at least two directors. Do hapless Nomad Peel Hunt or the oxymorons at AIM Regulation care about companies breaking the law? It appears not.

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1723 days ago

Tom Winnifrith Bearcast - will the Pizza Hard Man Darren Atwater be deported to Canada after test fail?

The pizza hardman took a test to see if he can stay in the UK and avoid deportation to the socialist hell hole that is Canada. I give you one of the questions whuch had me stumped since in part it depends on whether you live in the hard working South or the Northern welfare safaris. Then I answer a question on forward selling and another listener question on whether Sirius Minerals (SXX) is cheap. Then it is onto Harvest Minerals, (HMI), Iofina (IOF), Alba (ALBA) and the Jim Mellon joke that is SalvaRx (SALV) which I have covered in full HERE. Finally I am working on exposing an AIM listed company which has been engaging in industrial scale bribery. I hope to run the story tomorrow. Can you guess the company? Suggestions in the comments section below. Ho Ho Ho.

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1724 days ago

Octagonal Accounts - the dealings with Inspirit, how cosy: what a small world

We know from an Inspirit Energy Holdings (INSP) announcement on 17 May 2016 that Octagonal (OCT) remains a major shareholder in Inspirit and that John Gunn is a director of both Inspirit and also Octagonal. This really is a cosy old relationship between the two AIM POS companies.

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1724 days ago

The Chairman's Blog 4: Sir Benjamin Dover of Global Mining Endeavours writes (from the Savoy)

Following the example set by Paul Warwick the chairman of worthless penny stock Andalas (ADL) in starting a blog, Sir Benjamin Dover of AIM listed Global Mining Endeavours has decided to follow suit and like Paul promises to be Candid in his approach. Day 4

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1725 days ago

Octagonal - Final Report: Is that really fair Vicar?

Now that Teathers (TEA) disgraced Nilesh Jagatia has finally published accounts for another AIM POS, we can have a look at how Octagonal (OCT) has valued its investments. We start by looking at City Golf Clubs Limited.

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1734 days ago

Tom Winnifrith Bearcast - the 3 Xs who blow apart most AIM scams and frauds

Firstly I have a problem with my box set of "The Omen" and ask for your help. I then discuss in light of today's three legal scoops with documents falling into my paws ( Strat Aero - HERE, Iofina - HERE and Golden Saint Resources - HERE) the 3Xs who help investigative journalists do their job and my encounters with all three on Quindell and other cases. At a company level I look at: Card factory (CARD), Iofina (IOF), Noricum Gold (NMG), Avanti Communications (AVN) and xCite Energy (XEL) and i also discuss why Cloudtag (CTAG) shareholders are like a swarm of wasps and what that means.  

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1734 days ago

BREAKING Cyril d'Silva and the hidden £1.6m court loss -why didn't Fatty Cornish tell us?

Is this the reason that Cyril d'Silva quit as boss of AIM POS Golden Saint Resources (GSR) on 10 February 2016 - a court judgement against him in Singapore for £1.6 million plus interest from 27 January 2016.

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1734 days ago

BREAKING: Strat Aero tries to gag Hulsey Smith & a free press with legal injunction: fails

Oh dear. Oh dear. AIM Casino bad boy Strat Aero (AERO) does not like seeing emails which show clear evidence of industrial scale fraud and market abuse appearing in public. That is the emails you can see HERE in the $20 million legal claim filed against by proud Texan Hulsey Smith. And so on Monday it went to court to stop the flow of information and to get existing articles pulled.

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1737 days ago

More PR horseshit from CloudTag - next placing due when?

Cloudtag (CTAG) the AIM listed jam tomorrow producer staged its last placing on July 14 but will again have negative net current assets by September 1 and is thus serving up more ramptastic PR bollocks to its moronic shareholder base to ramp the stock ahead of the next confetti issue. Today's "Binding Heads of Terms Signed with US Partner" RNS puffery was a classic.

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1737 days ago

Glenwick - AIM cronyism that stinks as suspension looms

I am afraid that this involves Amanda Van Dyke, formerly of this parish, but the news from piece of Turkish Glenwick (GWIK) stinks of AIM cronyism and it is bad news all round for shareholders as suspension looms.

First up we have the news that Cameron Pearce, the driving force, the man who managed the RTO - which fell apart in June - the man who fed titbits to the Bulletin Board Morons to ramp the shares to get away a line of placings, has walked.

Farewell Cameron, 
I wanna tell you a shtoory

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1737 days ago

Conroy Gold & Natural Resources - size does matter but you really need to feel the width don't you?

Earlier today I flagged up the problems Strat Aero (AERO) has with AIM Rule 11. A trusted correspondent asks does Conroy Gold (CGNR) have a similar issue? 

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1737 days ago

Buy Concepta at 12p and at up to 17.5p - target to sell 28p

Investment Case: The AIM admission of Concepta (CPT) a couple of weeks ago was through a reverse takeover of shellmeister (Adam Reynolds)-saved Frontier Resources International (FRI). We backed Reynolds when he became involved in Frontier, but despite his track-record, then was clearly somewhat speculative as we awaited a deal to be delivered. Now it has and it looks like Reynolds has delivered another promising one…

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1737 days ago

Beaufort Securities lending cash to Strat Aero boss for bogus share purchase to ramp shares pre placing - Market abuse and Fraud

The more one reads of the explosive legal dossier packed with damning emails, filed by Hulsey Smith in the Texas Courts against Strat Aero (AERO), the more one sees the massive implications for the whole of AIM. In yesterday's bearcast I discussed the massive conflict of interests at Strat's broker Beaufort Securities. Now let's take that further...if you are a Beaufort client this should concern you.

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1737 days ago

Tom Winnifrith Bearcast Declaration of War with Strat Aero - specific instances of fraud & crime

Ok this is my declaration of war because the fraud and crimes at Strat Aero (AERO) concern not just this one POS AIM Casino company but also touch many other players in the game. You can read the explosive 338 page legal document we published on Friday HERE. I am amazed that some of those named in it, Zak Mir for instance, have still not read it. They should. But mark my words, what went on at Strat goes on across the AIM board every single working day. If this really blows up there are an awful lot of folks who will be sweating.

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1738 days ago

The Scoundrels at FRAUD Strat Aero offer patronising and weedy response to ShareProphets expose: I declare war part 1

Yesterday I exposed the scoundrels at AIM dog Strat Aero with the publication of a 338 page Texas legal disposition containing emails and other evidence that is damning. Not only does this show that Strat is up to no good and thus faces a very real chance of losing the $20 million claim against it and its officers, but it also casts a light on the sordid goings on on the AIM Cesspit. The Strat response is so offensively bad that it merits a declaration of war from the Sheriff of AIM on this piece of Turkish. Strat, as a PLC, you are a dead man walking...you are toast.

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1740 days ago

Magnolia Petroleum another keep the lights on placing. Its pointless - this dog should be shot

I have warned you repeatedly (the archive is HERE) that AIM listed Magnolia Petrooleum (MAGP) is a dog with fleas that exists merely to keep its useless board in well paid employment and to provide coke and hookers money for the crony capitalists. It will never make money for shareholders. Hence today we see a laughable bailout placing. Death is merely postponed.

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1741 days ago

Antrim Energy Shares surge as Criminal Chris Oil dumps his stock...but when?

Given the way that the concert party of criminal Chris Oil, ADVFN boss Clem Chambers and Brokerman Dan have managed to make Sefton the company that it is today, delisted and almost out of cash, folks might have feared that the next port of call was AIM Listed Antrim Energy (AEY) where the three amigos had built up a disclosable stake of 5.6 million shares. 

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1742 days ago

LGO Energy now just 0.14p to sell - placing ahoy? Bring back Big Dave Lenigas?

Oh dear Oh dear, things are looking ever bleaker for Neil Ritson and AIM dog with fleas LGO Energy (LGO). Interims out next month will be diabolical, the cash position by now is looking grimmer than a wet Thursday in Scunthorpe and ramptastic announcements are just not having any impact on the share price, surely it is time to bring back Big Dave Lenigas. Cometh the day and all that.

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1742 days ago

Starcom - le AIM ramp de jour but valuation crackers

Those lucky folks who got in on the most recent bailout placing for AIM dog Starcom (STAR ) in March at 1.5p have done brilliantly. The shares now trade at 4p mid and this is now le ramp de jour for certain morons on twitter and the bulletin boards. But the valuation is surely insane at £5.4 million given the ongoing losses, painful lack of tangible asset backing and the inevitability that another placing is imminent.

Starcom makes interactive padlocks and places some store on the latest release of its flagship product Watchlock (Pro version). But

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1742 days ago

Tom Winnifrith bonus bearcast: Ding Dong the Environmental Recycling £65 million fraud Witch is dead - bring on the SFO

Environmental Recycling Technologies (ENRT) was slung off AIM today. But the former 3DM is not telling you something rather more serious which happened 11 days ago. This is a fraud that is now officially dead;. It has cost mug punters £65 million. I explain why it is a fraud (as I did back in 2005) and I name all of those on the roll call of shame including FSA (now FCA) officials who failed investors, nomads, brokers, tipsters, managers. And I explain my next step - write to the SFO.

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1742 days ago

Tom Winnifrith bonus bearcast: The AIM casino disgrace that is MySQUAR, I name & shame

AIM casino dog with fleas MySQUAR (MYSQ) has today managed a small bailout placing as it teetered on the verge orf bankruptcy just 13 months after its IPO. The roll call name of shame includes pompous PR supremo Piers Pottinger who is a NED, Nomad SP Angel, brokers Mirabaud and Belfort Securities. The shares have plunged to 4p (60% down on the IPO) but are in fact worth 0p. This is a ZERO, an AIM uber-dog. I look at the red flags, talk you through the maths and name the guilty men, the establishment fuckers, the 1% who have made money as poor old private investors took it up the jacksie again. Yes I am angry and use some bad language.

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1746 days ago

Tom Winnifrith Bearcast - Business models that are fecked - European banks to cash guzzlers on AIM

The last podcast recorded with the audience of my father for a few days sees a few comments on how he yearns for the socialist paradise of Albania in the good old days. Whatever. I look at Nostra Terra (NTOG) and what it must do and another bear point for Avanti Communications (AVN) I had overlooked, at FastForward (FFWD) and why it is such a dog with fleas and at broken business models in both new media and the European Banks. The truth is that the Emperor's New Clothes, in both cases, really are not that impressive.

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1751 days ago

Frontera Resources: Management views shareholders with disdain, shares on watch list for death

Boy oh boy, SP Angel's Zac Phillips is on a roll. The City's best oil analyst today sinks his teeth into the management of Frontera Resources (FRR) who show "intellectual deficit, moral deficit, or both." The message for shareholders is a clear one (bail) in what is a superb vicious note from one of the few City analysts prepared to call out wrongdoing on AIM. Our hero writes:

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1764 days ago

The Corruption of the financial media part 3 - The Telegraph AGAIN and this time its Collagen

In the past week I have flagged up two prime examples of why the established financial media is part of the problem of AIM corruption not the solution HERE and HERE. Today the same paper, the Torygraph, serves up a third. I refer you to the market report written by pouting Tara Cunningham ( see below).

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1764 days ago

Fleet Street is part of the problem of AIM Corruption not the solution - The Telegraph & Avanti

Shares in Avanti Communications (AVN), once the darling of AIM, collapsed by 60% yesterday amid all sorts of horrors emerging. It is a big story and most papers are covering it, at least with a mention. But in the Daily Telegraph there is nothing ....except

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1764 days ago

Tom Winnifrith bonus bearcast - 14 Red Flags you may have missed At Avanti Communications

I would expect the collapse in the Avanti Communications (AVN) share price to continue. You cannot say this site did not warn you. In this bonus bearcast I run through 14 red flags which apply to Avanti and which I managed to jot down in less than ten minutes. Drat! I missed an obvious 15th: the promise to move from AIM to the Main Market. It did not happen. Companies that promise the jump but don't make it (think Quindell) are always red flagged.

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1764 days ago

Strat Aero: Litigant W. Hulsey Smith Releases New Bombshell letter

Texan W Hulsey Smith is suing AIM listed Strat Aero (AERO) and vice versa in legal action that has the potential to derail the company for good. Smith has today released a third letter calling for "Transparency with Shareholders" and arguing that "Something Just Does Not Add Up"...

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1766 days ago

Mkango Resources - spending Chris Oil's criminal cash on netball in boNGO boNGO land, CSR rubbish

Worthless AIM and TSX listed Mkango Resources (MKA) has today issued a statement saying that it is analysing some data it had already told us that it had acquired. So in fact it is telling us nothing new at all. But it gets better. It then gives details of its "Corporate & Social Responsibility programme." Jeepers. This will make you cry.

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1767 days ago

Andalas - Spoof y'all: whens the next bailout placing?

Dave "Rule breaker" Whitby and his colleagues at AIM Listed Piece of Turkish Andalas Energy (ADL) are on the spoof again with a ramptastic RNS saying nothing at all of of any interest whatsoever. Folks know Whitby's game and the shares are off at just 0.165p because what is really happening is the start of the ramping that proceeds a deeply discounted placing. Next up a soft interview with Zak "Judas" Mir, a podcast with Justin the clown or a presentation at a Proactive seminar? Perhaps a buy note from Edison? We have seen the Andalas ramp before and surely no-one is stupid enough to buy it again?

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1769 days ago

Eden Research - here is how you cover up that £600,000 fraud a bit longer

After the sad AIM demise of its sister company, the fraud Environmental Recyclying (ENRT), I have been thinking long and hard  about Eden Research (EDEN). I am a nice guy and I am wondering how CEO Sean Smith and PR himbo Paul "Queenie" MacManus can cover up the massive Panama pump securities fraud of last August. I would urge them to act quickly but I do have a cunning plan to postpone their day of reckoning.

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1773 days ago

Eastbridge - When will Greg Collier fess up about the Court case?

Nigel Somerville has already explained why Eastbridge Investments (EBIV) is toast in that it has no Nomad and sweet FA chance of completing an RTO in the next few days and thus avoiding being booted off AIM. But it gets worse: there is the matter of the Court Case.

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1777 days ago

Tom Winnifrith Bearcast 29 June: Dedicated to a miracle baby 15 today

Fifteen years ago today my daughter was born weighing just 1lb 4 oz. Jim Mellon still has the photos on the old t1ps server but for some reason his organisation refused to send them back despite repeated requests. Miserable bastrads the lot of them. Anyhow this bearcast is dedicated to that miracle baby, my daughter. On the agenda, the numerous AIM suspensions today, including the FRAUD Environmental Recycling (ENRT) which is now on a double suspension, plus Fitbug (FITB) and a detailed look at CloudTag (CTAG) and the strange nutjobs ramping the shares which are a storming sell.

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1777 days ago

Provexis - its placing is struggling: it needs to slash the price

On 9 June I revealed that POS AIM stock Provexis (PXS) was trying to get a placing away forcing the company to admit that it had secured "non binding committments " for £160,000 to be raised at 0.24p. Non-binding, as in worthless. Today we get even worse news.

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1777 days ago

Tom Winnifrith Bearcast: crack whores like Eden, Golden Saint & Cloudtag as Polly Toynbee spikes Stockmarket

The worst newspaper in the world in the truth and analysis department is the Guardian and its worst columnist is the loathsome haridan Polly Toynbee. Silly Polly has today caused the stockmarket to surge as I explain. I then move onto FastJet (FJET), Teathers Financial (TEA), Tern (TERN) & Nigel's dynamite expose today and an array of AIM crack whores: Servision (SEV), Eden Research (EDEN) and Cloudtag (CTAG). Warning: this podcast contains some very bad language.

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1778 days ago

Tom Winnifrith Bearcast: crack whores like Eden, Golden Saint & Cloudtag as Polly Toynbee spikes Stockmarket

The worst newspaper in the world in the truth and analysis department is the Guardian and its worst columnist is the loathsome haridan Polly Toynbee. Silly Polly has today caused the stockmarket to surge as I explain. I then move onto FastJet (FJET), Teathers Financial (TEA), Tern (TERN) & Nigel's dynamite expose today and an array of AIM crack whores: Servision (SEV), Eden Research (EDEN) and Cloudtag (CTAG). Warning: this podcast contains some very bad language.

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1780 days ago

POS AIM dog Servision - painting itself into a corner next week

AIM dog with fleas Servision (SEV) waits until the wire to report its calendar results, ie until June 30. That is partly because it is a shoddily run company and partly because it always need a placing to get its accounts signed off without a horrible emphasis of matter statement. No new cash = not a going concern. But this year it looks rather different and the wire day is Thursday. This looks grim.

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1783 days ago

AIM: the Data that shows its a disaster

AIM is now 21 and new, hard, data from Hargreaves Lansdown shows that, whatever the London Stock Exchange says, it has been a disaster. Over that time the AIM Index has fallen by 30%. By contrast - with dividends included - the FTSE Small Cap Index is up by 220%. Ouch.

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1783 days ago

A new Reality TV show at the Greek Hovel: Lots of snakes & AIM CEOs having to do real work

Today I plunged into the wildest parts of the land at the Greek Hovel. In the far corner the olive trees are immersed in frigana, long grass and bushes. If I was a snake that is where I'd live. No question. Tentatively I plunged in to prune but I looked nervously around me every step of the way. There are some areas where the plants are just so dense that I don't dare head in. I will need to call fearless George the Albanian to "assist me" with those. Or maybe I tackle them in December when the snakes are hibernating? Anyhow, as I pruned I thought of all those AIM CEOs sitting at their desks in London, earning vast salaries for shuffling paper around.

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1786 days ago

One less AIM CEO with a career in porn - Charles Clark "reshuffles himself" at Rosslyn Data

AIM Dog with fleas Rosslyn Data (RDT) has announced a wholesale reshuffle of its boardroom which saddens me greatly as it now means that there is one less AIM CEO who had a career in porn. Farewell Charles Clark for you will be missed.

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1788 days ago

Tom Winnifrith Bearcast - is Highlands Natural the biggest scam on the AIM casino?

In today's bearcast I start with a brief look at Highlands Natural Resources (HNR), explaining why I knew it was a wrong 'un as soon as I saw who its management team included. I have two follow up articles on today's collapse to come but suffice to say that at anything above a couple of pence its shares are a slam dunk sell. I also look at Aureus Mining (AUE), cover Servelec (SERV) and what it says about equities in general. Steve covers it in detail very well HERE. Then it is onto Fitbug (FITB) and how today's scandal at Thor Mining (THR) begs AIM for a big change in the rules to stop mug punters getting shafted as poor Paul Scott was at Cyan (CYAN). I also have another warning of doom and more questions for Lord Tim Razzall of disgraced Boxhill (BOX) - target price 0p.

You can see the two detailed pieces on the Highlands scam HERE & HERE

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1788 days ago

OFFICIAL: It is Ouzo O'Clock all day as Piers Linney's pride & joy Outsourcery goes into administration

Dragon's Den flop and serial business failure Piers Linney said that the proudest moment of his business career was listing Outsourcery (OUT) on AIM in 2013 at 110p. Oh dear, the piece of Turkish has today gone into administration. How will the PC tossers at the BBC spin this debacle for their pin up boy Piers? That is their problem, mine is how much ouzo to drink to celebrate this announcement:

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1788 days ago

Tom Winnifrith Bonus Bearcast: How Spin works but cant polish a turd - UK Oil & Gas Special for David Bick

In this bonus podcast I explain how financial PR men such as David  "Don't come to my manor or I'll ave you" Bick try to polish turds, to spin for AIM listed clients. My case study is UK Oil & Gas (UKOG) and its big news of yesterday. I refer to a lamentable piece of "product placement" by David "the Guv'nor" Bick in City AM HERE. I also explain why UK Oil & Gas did the deal it did and why it's placing ahoy as questions go unanswered.

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1788 days ago

Exclusive: Former AIM promoter David Lenigas cameo role in Ghostbusters!

Big Dave stepped down from the boards of all AIM listed companies pre Christmas so maybe the guy is bored and has time on his hands? Poor Dave. Our thanks go out to an eagle eyed viewer who has seen how Mr Lenigas is keeping himself occupied. Having conquered the world of blogging he is now getting into acting as you can see 1 minute and 46 seconds into this trailer for the new Ghostbusters movie. Go get 'em Jabba!

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1789 days ago

Phil Edmonds business partner Andrew Groves denies he's been bribing & corrupt in Bongo Bongo land but..

Sable Mining (SBLM), the AIM listed piece of Turkish run by Andrew Groves - the long time business partner of ex cricketer Phil Edmonds has been forced to deny that he has been indicted for trial on charges of bribery and corruption in Liberia. Okay Andy whatever you say....

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1790 days ago

Highlands Natural Resources: Now you are contradicting yourselves - where has the money gone?

The bullshit from this over-ramped jam tomorrow AIM piece of crap continues but with the shares tumbling to 53p on the latest RNS fantasy perhaps the penny is dropping. The problem the rampers have is that they have spouted so much horseshit in a deluge of RNS releases that they are now contradicting themselves. So let's deal with Schlumberger.

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1790 days ago

ShareSoc thinks AIM can lose the Casino tag but its demands say it all & say nothing

ShareSoc, home to disgraced ramper Roger Lawson of blinkx, Globo and general infamy, reckons that AIM Can lose its Casino tag but needs reform. On the latter point that seems like a statement of the bleeding obvious but what does ShareSoc demand? Honestly you could not make this stuff up.

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1794 days ago

William Dewsall you greedy bastard - come clean and be specific on the Gable so called guarantee

On May 25 it was announced that in order to prevent a capital adequacy ( or inadequacy) issue a private company owned by the uber-greedy bastard William "£15 million will do nicely " Dewsall was to offer a £10 million guarantee to ailing AIM dog Gable (GAH). The only issue was - as we revealed here - that the vehicle in question Hogarth Underwriting Agencies - had net assets at June 2014 of £357,981. The reported profit for 2014 was just over £93,000. 2015 accounts were overdue. Problemo?

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1800 days ago

AIM's equivalent of a crackhead Cyan - shite results - how close is it to insolvency?

When it comes to cash, Cyan (CYAN) is the AIM equivalent of a crackhead. That is to say if shareholders pony up for a placing, the company responds with a marginal increase in sales but a huge increase in losses and then comes back for ever more. FFS cries executive chairman John Cronin in today's results, "give me some more fecking scrabble" I'm almost out. And that brings us to the £12.5 million placing which Mr Cronin was planning to do at 0.21p on May 24th when I spoiled his party with this scoop HERE.

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1800 days ago

Gable Holdings – A classic case of ( a £15 million) reward for failure for greedy pig CEO William Dewsall

At the end of 31 December 2014, AIM dog with fleas Gable (GAH) had retained earnings (it has never declared a dividend) of £6,906,000 comprising retained earnings of £5,956,000 and a share based payments reserve of £950,000 over its circa 10 year history.

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1802 days ago

Tom Winnifrith Bearcast - where has all the money gone at Teather's Financial?

In today's bearcast I look at Inspirit (INSP) and Teathers Financial (TEA) and the common threads that show why both bring shame on AIM and are uninvestable. I then look at Teathers and ask where has all the money gone and what is it trying to hide? And I explain to two prize twits what a flip flop means. 

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1802 days ago

The AIM Nightmare board - joining CEO Piers Linney is FD Nilesh Jagatia - check out his CV of doom

Who would you want running the AIM PLC board from hell? Naturally with Outsourcery (OUT) becoming his 39th business failure, or is it 38 I lose track, Dragon's Den flop Piers Linney has to be the CEO. I'd nominate that silly woman from Easyjet (EZJ) as Group Equal Opportunities Officer. The Chairman has to be the patrician twit Gibson Smith formerly at the LSE. The FD...check out the CV of Nilesh Jagatia of Inspirit (INSP) and Teather's (TEA) infamy now on the run!

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1803 days ago

Teathers - Nomad quits, cant get accounts out on time - Directors must be fired at GM

Shares in Teathers Financial (TEA) were set to be booted off the AIM Casino as of Monday for failing to implement its investment policy. The crowd thought it was all over...it is now! With a spectacular hat-trick of own goals Jason "Geoff Hurst in reverse" Drummond has handed victory to his, many, critics.

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1805 days ago

PCG Entertainment - shocking trading statement, just shocking

With a heavy heart, since good friends are involved in PCG Entertainment (PCGE) those of us who had hoped that it was the China AIM play that would work out well, today look in dismay at a share price cratering and a trading statement that is just shocking beyond belief. This was meant to be the good China play..what does that say about the rest?

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1805 days ago

Tom Winnifrith Bearcast - Sam Antar accounting lessons, for me, Rob Terry & Lombard

Recording in Kalamata, I have one last day in sunny Greece before I head back to the UK for five days of family time. Boo hiss.  I start with another reminder of how thick some AIM folk are - London Capital (LCG). Then I look at the different way that private and public businesses account for profits running through how Sam Antar cooked the books at Crazy Eddie's. That makes me reflect on accruals causing me to examing the balance sheet of Lombard Risk (LRM) as Phil "InterX" Crawford drives it onto the rocks and also how Robert Simon Terry accounted for industrial deafness, something that will send him to gaol.

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1805 days ago

Tom Winnifrith Bearcast- Some folks trading AIM stocks are so fecking stupid: I don't believe it

I was pruning my first olive tree of the day and heard a noise behind me. Fearing the worst I turned and it was a tortoise which just sat there blinking at me. It was a special moment. That tortoise is smarter than idiots buying Circle Oil (COP) shares today. FFS how thick some folks are. Then I move onto Nature Group (NGR), Boxhill (BOX), Blenheim Natural Resources (BNR), Gable (GAH) and Wishbone (WSBN). Then a section on a PR man telling me what I should or should not be writing about Watchstone (WTG) The fecking cheeky bastard should stick to being an evil spinmeister and leave journalism to the professionals. Maybe PRs dont want us writing about an admission of £100 million fraud on AIM and would rather we just eprinted their lies/press releases? It is just not the way I work!

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1809 days ago

The Predictive Powers of David Williams of Avanti infamy, or how he buries bad business

Avanti Communications (AVN) started its AIM career not as a satellites business but as a provider of screens for pubs and shops, the loss making tin cans in space business came later. At that point uber bombast CEO David Williams decided to "lose" the original business via a demerger. Shareholders in Avanti were given stock in both entitites. Now track what happens next.

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1813 days ago

Exclusive: Teathers Financial tries to bully its own shareholders - they stand firm: the board will be sacked!

I have obtained emails that show clearly how the board of Teather's Financial (TEA) have tried to bully dissident shareholders into not ousting the directors who are culpable as it gets slung off the AIM. The bullying has not worked. The board will be sacked.

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1813 days ago

Good News for Chris Oil, bad news for the AIM casino, POS Mkango is on its way

It appears that almost insolvent TSX listed Mkango Resources might finally be about to get the dual listing it told us, via RNS, would be in December and then January. I guess there is an appetite for utter shit but look at the price Mkango is paying...
As you can see from the screenshot below the company has been a little tardy in updating its website. Given that its bosses have been unable to afford to take any pay since March 2015 maybe that is no shock.

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1817 days ago

Environmental Recycling - it cannot even afford 1,575 Euro as it drowns in debt - it is bust, call the administrator

I pointed out yesterday that Environmental Recycling (ENRT), the company formerly known as 3DM and which is the only AIM company to have been censured not once but twice by the FSA (now the FCA) for lying to investors was drowning in debt and out of cash. Just to show how out of cash it is, I point out that it cannot even afford to pay a vital bill for Euro 1,575.

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1821 days ago

Johnny Hon buys 5% stake in MX oil - next step boardroom change?

Hong Kong based businessman Johnny Hon is a controversial chap. My interview with him at UK Investor covered the Gate Ventures AIM fiasco - as you can see HERE - but if he wants to build up a stake in a business he can buy a material stake - as we lucky shareholders have seen with R4E (R4E) - and now it appears that he has turned his attention to the MX Oil (MXO) pantomime.

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1821 days ago

Video: Tom Winnifrith grills Johnny Hon at UK Investor Show

In this interview I put controversial Mr Hon of Gate Ventures (GATE) fame on the spot about the Gate fiasco on AIM, the Chinese economy ( a bubble?) and about China fraud on AIM. Enjoy

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1821 days ago

Video: Tom Winnifrith on why David Lenigas should be drummed off AIM from UK Investor show

This was recorded before the summer truce and so that really is it from me on Big Dave. He can site on his luxury yacht checking out the birds in Monaco, I shall sit in my Greek Hovel, clocking the snakes and rats and not having to meet another human all day. I think we can safely say that neither of us would want to swap! I hope we both have a relaxing and stress free summer. Anyhow here's the video from the show. Enjoy.

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1823 days ago

Andalas Energy - Disgusting Greed, Cornhill, gaps in the AIM document & cash crisis looming

I suspect that few of those idiotic enough to take part in the 0.2p £2.6 million placing by Andalas Energy (ADL) will have bothered to read as far as page 113 of the AIM readmission document. Prepare to be horrified.

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1823 days ago

England Cricketer Phil Edmonds, Andrew Groves, African Potash and an explosive dossier on AIM fraud

African Potash (AFPO) was one of seven companies listed on the AIM casino by former England cricketer Phil Edmonds and his business partner Andrew Groves. My attention has been drawn to a recently published dossier on the two men which can only be described as utterly explosive. On the basis of what is in this dossier any company associated with the two looks to be, pro tem, 100% uninvestable.

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1824 days ago

Video Adam Reynolds with Tom Winnifrith at UK Investor Show

In this session Adam Reynolds and I discussed how to value shells and when to invest, issues of management, AIM investment companies and of course Optibiotix (OPTI), New World Oil & Gas (NEW), Frontier (FRI), and Premaitha (NIPT). Enjoy.

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1829 days ago

Andalas - Damned by its own words - when's the next placing? A disgrace to AIM

How many of the poltroons buying Andalas (ADL) shares at c 0.3p have actually read its AIM readmission document? Indeed I wonder, since only the congenitally moronic would be buying this stock, can they actually read at all? Maybe a grown up can help for the document is a shocker..

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1829 days ago

Tree hugging Eco Loons, muddle headed NGOs & other losers slam United Cacao but are they lying?

An assortment of sixty indigenous organisations and Guardian reader-infested eco-loon NGO groups have slammed AIM listed United Cacao (CHOC) demanding that it be slung off the AIM Casino. Cacao has put these parasitical lefty scumbags firmly in their place with a statement this morning pointing out that the lefty scum are, simply, lying. I am delighted to be a shareholder in Cacao (post Saturday) - I don't care where its shares go I want to stand shoulder to shoulder in the fight against Trustafarian tossers working for NGOs to make people in poor countries even poorer.

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1829 days ago

Video: Gary Ashworth of Interquest presents at UK Investor Show

Gary Ashworth is the founder and Chairman of Interquest (ITQ). Gary has a great track record on AIM and I regard shares in his company as being cheap. I hope that his presentation at UK Investor Show demonstrates why. Enjoy.

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1829 days ago

Terpenetech Accounts in - another sign of the clear Panama Pump fraud at Eden Research

Hat tip to Drunken sailor for spotting that joke company Terpenetech Ltd which has been used to facilitate fraud at AIM listed Eden Research since 2011 has filed its accounts. For what it is worth they again point to the monumental £600,000 fraud of August 2015.

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1835 days ago

BREAKING: The Uramin Scandal - another shocker for AIM, damning Canadian Report & arrests in France

The sale of AIM & TSX listed Uramin to France's Areva is shaping up to be the biggest scandal in the world of mining since Bre-X. It has almost brought down Areva and in France the husband of the head of Areva has already had his collar felt within the past few weeks for insider dealing and money laundering. Our source at the heart of the investigation indicate other arrests are imminent. And the scandal is also threatening to bounce back to the AIM casino.

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1835 days ago

MySquar - placing ahoy?

Myanmar based internet company MySquar (MYSQ) joined AIM last July at 10p per share. The shares are now 7.5p bid but following the appointment of joint brokers on 4 April, a reliable source tells us that it is placing ahoy! The price?

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1839 days ago

Teathers Financial - piss poor update, apologies but this looks grim

Tom Note: This article appeared under the HotStockRockets name but I wrote it and would not want anyone thinking this was not my view.  Off we go...Shares in Teathers Financial (TEA) remain suspended and will be booted off AIM on 4 June if no RTO takes place or if it cannot convince AIM that it has implemented its investing policy ( which it won't). It looks grim. The latest update states:

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1840 days ago

And the POS AIM Company that sent a fascist "you are being watched" lawyers letter re UK Investor is..

In yesterday's reader poll we asked you which AIM listed company you thought had sent us a lawyers letter regarding the UK INvestor Show. We print the letter below but 79% of you guessed wrong!

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1840 days ago

London Stock Exchange AGM Wednesday - 89% of you think LSE will stop Tom Winnifrith from asking questions

I shall endeavour, as the owner of two shares, to gain admittance to the AGM of the London Stock Exchange tomorrow morning. Im coming up from Bristol so may be a few minutes late but I trust that Lucian will be there for the 10 AM kick off at the Banksters Hall but it seems that only 11% of you reckon that the crony capitalists will take my questions on AIM fraud. We asked how the LSE would treat me - having barred my last year as its press office lied: You said:

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1840 days ago

Ouzo O'Clock already: Dragon's Den flop Piers Linney admits Outsourcery is almost toast!

Well you cannot say that you were not warned! I have exposed time and time again on this website how the business career of one series Dragons Den flop Piers Linney has been marked by serial failure. The loathsome self-publicist Linney said floating Outsourcery on AIM at 110p in May 2013 was the highlight of his career. Today Linney has admitted that his company is almost toast. What fucking brilliant news.

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1843 days ago

Fraudster Rob Terry of Quindell infamy slams AIM as not being well regulated - insists he must be quite honest

Rob Terry's interview with the Sunday Telegraph today really is a laugh a minute. Having noted how he things S&G got a bargain buying Quenron assets - a deal that has pushed it to the brink of insolvency, Terry then moves onto the AIM market. Rob is concerned about its standards of regulation. Fuck me this is ridiculous.

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1843 days ago

Wondering where the cash Costis stole from Globo went? Gavin Burnell might know a thing or two

In case the rozzers want to know where Costis, Konstantinos Papadimitrakopoulos, hid the cash he liberated from the fraud Globo (GBO) both directly and via share sales in the days running up to its collapse, perhaps they should ask disgraced Globo NED and the man who listed it on AIM Gavin Burnell. For it seems that Gavin had dealings with the criminal bubble outside of Globo.

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1843 days ago

African Potash, No No No you are lying bastards

I do not use the world liar lightly but today's statement from African Potash (AFPO) shows that the company are lying bastards and anyone holding the shares is quite simply delusional. How has the Nomad signed off on blatant lies? Why has it not quit? Is it acceptable to tell outright lies on AIM these days?

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1848 days ago

UK Oil & Gas and Horse Hill - the most ludicrous pre-placing ramp in the history of AIM exposed

There are two statements from UK Oil & Gas (UKOG) today. One is a hard financial transaction which demonstrates clearly that UK Oil & Gas shares are horrendously overvalued and the other is the most ludicrous attaempt at share ramping in the history of AIM. Defenders of Steve Sanderson, UKOG's CEO, say that he is trying to distance himself from the Aussie share ramper David Lenigas. Frankly even Dave would have struggled to sign off on today's ramping. It is cringe-making and it is noticeable that although it relates to a Horse Hill study, no other Horse Shite company has dared publish these ridiculous claims.

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1849 days ago

Tom Winnifrith Bearcast: The bank robber is spot on re Andalas ramp and Project Fear Brexit lies on fuel prices

Dave Whitby of Anadalas (ADL), what was once uber ramp CEB, should be in prison for his crimes against AIM. I have linked at the side of ShareProphets to an article by someone who was in prison once, Brokerman Dan, on Andalas and the old bank robber is bang on the money. In five days this company could be booted off AIM. It wont, I think, but will survive only by doing things that stink to high heaven. I also discuss today's Project Fear lie, this time on fuel prices

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1849 days ago

Tom Winnifrith Bearcast 16 April - The lessons for AIM of Phorm & George Osborne lies about mortgage rates for Project Fear

Im not feeling terribly well so this may be the only bearcast of the weekend. We shall see. However I look at the Phorm debacle on AIM which saw £201 million sent to money heaven. I name the guilty men and look at the lessons learned (or ignored if you are AIM Regulation). Then I show why George Osborne is lying about mortgage rates under Brexit as he wages war for Project Fear.

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1859 days ago

Could Andalas Energy (aka dog CEB) be booted off the AIM Casino in two weeks time after raising the most expensive debt in AIM history?

I am only asking but the much ramped Andalas Energy (ADL) formerly the much ramped CEB Resources has got two weeks to pubish an AIM readmission document or it will be booted off the AIM casino. It would be farewell to rule breaking ramper Dave Whitby, no great loss. 

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1861 days ago

David Lenigas ramps up the smears and threats: Tom Winnifrith I shall not be silenced

By email and by twitter last night David Lenigas sank to new depths in an attempt to bully me into not speaking out at UK Investor Show on April 30 explaining why the fat Aussie share ramper has no place on AIM. Mr Lenigas should be truly ashamed as he wakes up this morning to what he posted last night. I doubt he will be. Mr Lenigas and his associate the tobacco smuggler Yusuf Kajee have both in the past tweeted references to my mental health and the death (by suicide) of my mother. And so one of Jabba's offerings last night was

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1866 days ago

David Lenigas on twitter: Lying, insider dealing or what?

Due to the huge interest in my UK INvestor Show session "Why David Lenigas should be drummed off AIM forever" we are now miving this session to the main auditorium on April 30 2016. I would not want anyone to miss out. And if you needed further evidence of why the case is such a slam dunk here is a tweet from 48 hours ago:

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1866 days ago

Outsourcery - where are the (dire) results? All the Money's gone has it not Piers Linney?

Piers Linney is no April Fool. The Dragon's Den self promoter and serial business failure (see HERE) is just a fool. And that brings us to his biggest disaster to date, Outsourcery (OUT), shares in which are slipping again and now trade at just 9p (May 2013 AIM IPO at 110p) valuing the business at only £4.4 million. Worse is to come.

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1867 days ago

Tom Winnifrith Bearcast 30 March: Shame on Walbrook PR, Shore Cap, AIM and the fucking fraud Eden Research - I am livid

Eden Research (EDEN) has engaged in fraud for years. No-one seems to care. It has just raised £2.6 million today in a placing. It has spunked c£32 million in 16 years since launch. This cash will be spunked too. I explain why everyone knows Eden has committed fraud and why no-one seems to care. I am not sure I even care anymore so rigged and corrupt is the stinking cesspit that is AIM. Warning this podcast contains bad language.

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1869 days ago

Tom Winnifrith Bearcast 29th March - AIM is a rigged market I give up and am off to play draughts

It is 1-1 in the Cretan holidays 2016 Championship. The Mrs and I face a decider later. Right now I consider that is more important than a rigged market like AIM. I cite three instances of this from today and, frankly, consider the draughts championship a higher priority than writing about the Casino. At least the Mrs and I play on a level field.

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1873 days ago

Auhua booted off AIM Casino, another China fraud bites the dust, statement is baloney

Oh dear, well you cannot say you were not warned. After a month of having its shares suspended and pretending that it would get a new Nomad to replace Grant Thornton who quit- without saying why - Auhua Clean Energy (ACE) says it cannot get a Nomad to act for it and so its shares will be booted off AIM on Tuesday at 7 AM. The statement is a hoot, a comedy classic.

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1877 days ago

Lighthouse gets a bid - goody goody lets bank gains

Lighthouse Group (LGT) on Friday noted an offer approach announcement from fellow AIM-listed financial services group AFH Financial and responded that it “believes that the indicative offer from AFH fundamentally undervalues the group and its prospects, especially in the context of the group's net cash position of £7.9 million as at 31 December 2015”.

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1887 days ago

Top broker slams bucket shop corporate brokers on the AIM Casino - "the next big scandal"

A top broker running a reputable institutional brokerage has predicted the next big scandal to hit AIM. He describes the junior market as a Casino (I wonder which website he's been reading) and lashs out at a problem the FCA has created, the retail brokers becoming corporate broking bucket shops. Over to the broker who writes...

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1888 days ago

Gavin Burnell Creation Sula (minus 97%), another keep the lights on placing - death merely postponed

I am sure that Gavin Burnell of Globo infamy has done okay from bringing this piece of shit to AIM but one suspects that other shareholders in the crappy mining no-hoper that is Sula Iron & Gold (SULA) have fared rather less well. And so today we see that via the kind offices of JubCap (broker to Chris Oil and other members of the elite) we have another keep the lights on placing.

Shares in Sula were off sharply yesterday. I cannot think why for a momet. Has anyone got any ideas? Care to speculate. And so today

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1890 days ago

Tom Winnifrith Bonus Bearcast: Andalas (CEB) questions questions for this over-ramped crap

A statement today from the disgraced AIM rule breaker, Dave Whitby of Andalas (ADL) - formerly ramptastic CEB Resources - begs a stack of questions. Not least is "how soon will Andalas go bust?". The rampers may love this but this bonus podcast sees me fire off a raft of queeries for Dave, his army of advisers and for this POS company.

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1891 days ago

David Lenigas in Cuba Photo Caption Contest

Last week it was Doriemus ( booted off AIM onto the ISDX lobster pot) that was the Lenigas car crash. This week it is Fastjet ( dire profits alert, going bust). Which Lenigas associated company will crash & burn next week I wonder? But while shareholders in companies linked to Jabba The Hutt suffer, the man himself is hard at work in Cuba as the photo below shows.  By midnight tonight please submit your captions in the comments section below.

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1892 days ago

PIG: Richard Chase of Nyota complains of "online abuse & bullying"....diddums poor lamb

Richard Chase is a greedy useless pig who has earned almost £600,000 in four years trainwrecking AIM listed Noyota Minerals (NYO) yet who refuses to quit even though his shareholders patently want him out. But guess what? The motherfucker reckons that he is the victim and thart he is suffering "online abuse and bullying" and that I am the bad guy. WTF. Please can you all email this man and tell him to quit now as explained HERE. Mr Chase responds to a punter stating..

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1893 days ago

Tom Winnifrith Bearcast 4 March - Arguing with a Drunken Sailor as rats jump ship from AIM

Rules are rules and whether it is soccer playing sex offenders or AIM Companies you have to stick to them. Moreover a COI is a COI even if sign off on and some may be legally kosher but are morally wrong. I refer to my rows with DS on 3Legs Resources (3LEG). I look at Monitise (MONI), rats leaving AIM, viz Edge Resources (EDG) & UMC Energy (UEP). I ask where is the fraud at African Potash (AFPO)? And then - to entertain Wildes - I look at LGO Energy (SHITE) again as well as at Iofina (IOF) - when will it fess up? I also ask a question of Audioboom (BOOM)

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1893 days ago

Craven House Capital - The 100% Joke Continues - What is the real value of Pressfit Holdings ?

Cynical Bear showed what a total joke, AIM listed Craven House Capital (CRV) was. Now here is another total killer. If Nomad Spark was not aware of our full coverage yesterday from CB (HERE) it is now. And it should resign at once, this company is simply not investment grade material. It is uninvestable crap. And that brings me to Pressfit- a company that I have lambasted before HERE. 

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1894 days ago

3 Legs Resources - The Mickey Mouse Companies House Filings Part 2.

This is quite simple. Either IOx - the company reversing into 3Legs (3LEG) has filed monstrous lies at Companies House or Jim Mellon's 3 Legs has told monstrous lies to AIM. It is one or the other there is no third way and as such 3Legs needs to re-issue its RTO document to explain who was lying and why? In part 1 of this series I demonstrated unacceptable greed and Companies House filings that DO NOT ADD UP. Now here is the killer.

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1898 days ago

Rare Earth Minerals: Between a lithium-bearing rock and a hard place despite more Lenigas twitter lies

Bacanora Minerals (BCN), the AIM and TSX-listed lithium explorer with assets in the Sonora province of Mexico, has stood out from its peers in the junior exploration space in recent years.  While share prices have collapsed all around it, this lithium play has maintained a market cap of £70 million despite having yet to release a PFS.   Part of this is because lithium was the hot commodity of 2015, but also because (as Peter Secker alluded to when this exact question was put to him at Gold and Bears) Bacanora has a "supportive shareholder".

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1899 days ago

Avanti Communications - WTF is it up to now in Bongo Bongo Land? Sell - target price 0p

With a hat tip to a reader who is clearly as much of an anorak as I am, I trek over to Companies House and discover that on 9 February, shortly after its piss poor interims, folks behind Avanti Communications (AVN) established three new Companies. Hang on Henry, what on earth is David Williams, the most bombastic CEO on AIM up to?

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1899 days ago

Filthy Forty – an open letter to George Osborne, Chancellor of the Exchequer on AIM China Fraud

We have today penned an open letter to George Osborne regarding the ever-growing scandal of the ShareProphets AIM-China Filthy Forty. Mr Osborne, you will remember, is keen to see greater links forged between the London and Chinese markets. Under the circumstances we are deeply concerned about this and call for a full investigation.

Given the statistics of Nomad resignations (fourteen so far since the start of 2015, eight in the past six and a half months) it is crystal clear that there has been a serious problem: Nomads do not resign on a whim – business is hard to come by these days.

The question of how so many Chinese companies which, for reasons of fraud 

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1900 days ago

The David Lenigas ISDX liquidity LIE exposed in full - Afriag tanks on Friday

Throughout the last few months of last year David Lenigas tweeted again and again how an ISDX listing was the answer to all the liquidity nightmares at the bottom end of AIM. Big Dave misled his folowers for reasons I shall explain below but the proof of that lie came on what for me was a good Friday with Afriag. For Jabba The Hutt with yet another lie laid bar this is a disaster.

Of course it was not just Dave that spun the lie. In making its excuses for leaving AIM and just having its shares traded on the lobster pot Afriag stated: 

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1900 days ago

Tom Winnifrith Bearcast 27 Feb - smoking, ISDX joking, Alba poking and IRG choking

I comment on my smoking - after 12 days I am still clean and on the weekend's sport. Then onto ISDX and the silly claims by whichever pompous git runs it that it is the new AIM. I explain why it is not, what ISDX shares we own or wish we own (Mechan, Chapel Down & Coinsilium) and why we wont buy any more at all. I discuss the Alba pump and dump as the Horse Hill Gatwick flusher ( of mug punter cash down the pan) saga continuies. Finally my low point of the week: Independent Resources ( IRG) - it makes me feel sick...

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1902 days ago

Motive TV Caption Contest - joint winners announced & New Andrew Monk Probability Question

There were a bevy of cracking entries in the Motive TV (MTV) in Administration Caption Contest from yesterday and you can see them all HERE. But unlike investing on AIM where everyone's a loser in our contest there is an actual winner. In fact two joint winners. We asked for your captions for the photo below. And the winners are:

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1902 days ago

A Nomad goes to Church and sums up AIM

One of the most honest and decent Nomads in town emails me after a visit to his local Chrurch where he reflects on his service of Mammon. He writes:

I was sat in Church (I try to be a good person, even if I don't always succeed) thinking about how little of my efforts at work result in positive outcomes (useful new products, jobs created etc.) and a descriptive phrase regarding AIM came to me - call it divine inspiration:

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1903 days ago

Independent Resources - you are being spoofed, do not fall for this trick

Independent Resoures (IRG) is almost bust and will do a placing to keep the lights on very soon. But its shares are up by 185% today at 0.3p thanks to an RNS which is a spoof aimed at fooling mug punters. It has worked, never underestimate the stupidity of AIM investors.

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1903 days ago

Lenigas Cuba - another ramptastic load of bollocks from David Lenigas

Another day and another dismal attempt by David Lenigas to ramp shares in ailing Lenigas Cuba (CUBA) on the ISDX lobster pot. Hmmm. Lenigas tells us that ISDX - not AIM - is where the liquidity is so how come not one fucking share has traded in this company since 18 February with not one share traded after this latest ramp and with the shares (listed at 5p) stuck at 0.5p to sell just 3 months later? Answer please Mr Lenigas? And so to today's ramptastic bollocks from Jabba The Hutt.

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1904 days ago

Afriag - you have until 4.30 today to SELL or you are stuck in the lobster pot - the MMs are your guide

Shameless liar, share ramper and owner of a 100 foot yacht in the Monaco tax haven where he lives, David Lenigas has persistently spun the canard that ISDX is a more liquid market than AIM. We all know this is a lie. Investors in Lenigas Cuba know this is a lie. And tomorrow when Afriag (AFRI) leaves the AIM Casino and trades only on ISDX, its victims ( oops I meant shareholders) will discover that Lenigas is lying. Folks - you have just a few hours to sell - look at the spread!

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1908 days ago

SP Angel Cuts ShareProphets off its Research list but will it still try to IPO insolvent shit? Of course!

Nomad, broker & crony capitalist SP Angel has today stated that it will not be sending us any more research and so we can no longer bring you its daily mining note. Why have we been cut off?

SP Angel's John Meyer said in email: "Compliance had advised that we should not send research to you anymore". Hmmmmm.

By sheer coincidence we yesterday ran an article on how SP Angel had taken fees for trying to float a company on AIM (Mkango Resources) that was insolvent. The IPO appears to have failed (quelle surprise) and yesterday we asked Meyer & SP Angel why there has been no statement. 

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1909 days ago

Tom Winnifrith Bearcast 18 Feb: PR Man Paul McManus of Walbrook - stop jerking off, stop smearing me & take the Eden Challenge

I urge you to follow the Quindell (QPP) lunatic Steamy, aka Marc Rowlands and sign a petition to Parliament if only to discredit the whole process. As an aside you now know the 322 stupidest people investing in AIM. I have a challenge for the lying toe-rag Paul McManus who does PR for FRAUD Eden Research (EDEN). I discuss Horse Hill stocks, Servision (SEV), Iofina (IOF) and Greka Drilling (GDL)

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1909 days ago

Mkango Resources - SP Angel Refuses to Comment on the Chris Oil Disaster non IPO

TSX listed Mkango Resources promised investors - including Chris Oil who put in £100,000 at 2.5 Canadian Cents last Autumn - that its delayed AIM IPO would happen early January. Nomad SP Angel signed off on that statement...I put it to SP Angel today why the silence?

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1909 days ago

Management Resource Solutions has an RNS today that stinks to High Heaven - Sell.

Management Resource Solutions (MRS) has published an RNS today "Holding in Company" which most folks will ignore. They should not. What is fessed up to begs questions about both the company but also about Northland Capital, Nomad & broker to this POS since AIM admission. Read on and vomit.

Today's RNS details the share disposals of Daniela Athan, one of the co-founders of Management

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1910 days ago

Tom Winnifrith Bearcast 16 Feb - 24 hours without a cigarette, am in a foul mood

As you might expect from a man on cold turkey in the nicotine department I am not in a good mood. Send me an ars-ish tweet and you are blocked, call me with a daft conspiracy theory (flip flop take note) and I curse you. I comment en passant on the Horse Hill ramping and it is ramping by David Lenigas and others. I comment on 88 Energy (88E) and on Tertiary Minerals (TYM), on Frontier Resources (FRI), Outsourcery (OUT), GTS Chemical (GTS) and Magnolia Petroleum (MAGP). And I discuss a prediction by a Nomad that 250 of the 1000 companies on AIM will disappear by Christmas so allowing me to retire which I shall do.

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1911 days ago

Buy Safestyle at 256p

Investment Case: Safestyle UK (SFE) listed on AIM in December 2013 at 100p per share and has since performed well, the shares soaring to over 270p early this year. They are now however back to a current 256p offer price and a recent positive trading update suggests that they offer, particularly Income, value here - and so this is our latest Nifty Fifty share tip.

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1916 days ago

Formal Request to FRC to investigate Revenue Recognition at Servision

I am still waiting for Servision (SEV) to man up and send the threatened lawyers letter to me as I am spoiling for a fight with this worthless POS as it rapidly runs out of cash. Just to keep PR Himbo Christian occupied as he briefs his new best friends the Bulletin Board Morons, I have today requested that my VERY GOOD FRIENDS at the Financial Reporting Council (FRC) open a formal investigation into the revenue recognition policy of Servision. The letter follows.

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1917 days ago

Wandisco - utterly disastrous trading statement, when's bankruptcy?

AIM Death list member Wandisco (WAND) has released, what can only be described as, an utterly disastrous trading statement at every level. All the money's nearly gone and there must be a very real danger that it is tits up time soon. 

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1919 days ago

Happy Chinese New Year! Grand Group Investment PLC - To VIE or not to VIE ?

On Monday 8 February it will be Chinese New Year so why not celebrate. Shareprophets has analysed investment companies and Chinese companies, now AIM listed Grand Group Investment PLC (GIPO) which is an equity investment business specialising in high growth unlisted Chinese companies coms - with a reader hat tip - into the spotlight.

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1923 days ago

Afriag and the Real Reason it is to quit AIM

When announcing that it was to quit AIM and go to the ISDX lobster pot, David Lenigas creation Afriag (AFRI) served up all sorts of horseshit to justify the move (see HERE). But it was horeshit (should that be horseshit or is horeshit more appropriate?) and the real reason is...

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1923 days ago

Blenheim in denial as African Eagle goes bust - interim NAV was in fact almost zero

Oh dear. African Eagle has been put into administration in a move akin to pulling the plug on a life support machine for a car crash victim who has been in a coma for three years. Shite AIM investment company Blemheim Natural Resources (BNR) owned 11.4% of Eagle and is in denial.

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1926 days ago

Is Motive TV finally toast - Prepare for the St Valentine's day moron massacre

Motive TV (MTV) may well see its shares suspended from the AIM on St Valentine's Day causing a massacre of the portfolios of the complete morons who own shares in this cash burning POS . The reason? Belatedly it is today warning us that come 14 Febuary it will be without a Nomad.

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1927 days ago

Reader Post of the Day: Bearfacts - who runs Blenheim & what is it worth?

Blenheim Natural Resources (BNR) is another much hyped shitty little AIM investment company. It also smothered itself in merde with its recent shoddy dealings with African Potash (AFPO). One of our readers (Bearfacts) posts on this matter, a comment which merits a wider audience. Over to Mr Bearfacts before I add another kicking below: 

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1929 days ago

Another China fraud bites the AIM casino dust: Auhua is heading for death row

We have warned you often enough that China AIM Norfolk Auhua Clean Energy (ACE) was just not fit for purpose and today its Nomad Grant Thornton has give it one month's notice that it will quit... Auhua says it is talking to another Nomad, yeah right...

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1929 days ago

We dont publish share tips often but we publish at 2.30 PM TODAY

I was asked the other day how, on the Nifty Fifty website, we managed to deliver such impressive returns when most AIM shares have done so dreadfully? It is a fair question.

Although the AIM Index has had an awful three years 

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1931 days ago

Outsourcery, the dog created by Dragon's Den flop Piers Linney - when's the bailout placing?

Shares in Outsourcery (OUT) the business created by Piers Linney, the Dragon's Den flop, are sliding today and the only question is when is the next bailout placing? Linney is - whatever BBC PR flunkies told us all - a serial business failure as you can see HERE. Outsourcery listed on AIM at 110p on May 24 2013. The shares are now 13.75p but remain a storming sell as the cash runs out.

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1931 days ago

Servision - a totally monstrous lie from China - this company is a worthless lie factory

So far Nomad Allenby has refused to act when shown clear evidence that its client Servision (SEV) has issued RNS statements which have not actually been born out by reality in terms of new orders. Clearly Allenby regards getting its corporate retainer as more important than its reputation. So after yesterday's shocker here is an even more monstrous lie . This company is a worthless lie factory and given that it is almost insolvent its shares are worth 0p.

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1931 days ago

A grateful reader shows his thanks - it is ouzo o'clock

The chap took my advice and had shorted Daniel Stewart (DAN) and with its shares now being booted off AIM that will be a 100% win for this reader. To show his gratitude he bought me a little present as you can see below.

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1932 days ago

Tom Winnifrith BONUS Bearcast 26 January - Questions for David Lenigas on the Afriag car crash

Yesterday's statement from Afriag (AFRI) stinks. The shares are plunging today and the destination is 0p. I have a series of questions for Jabba the Hutt about his baby but will David Lenigas answer? And where does that leave his other hounds still on AIM (pro tem) such as Inspirit (INSP) and Evocutis (EVO). If Afriag was telling the truth yesterday, surely their days on AIM are also numbered?

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1933 days ago

Tom Winnifrith Bearcast 25 Jan - 2 hours after Ouzo O'Clock

Okay I am celebrating the impending departure of Afriag (AFRI) from AIM so might get a bit carried away in this podcast, there is a bit of bad langauge. Other than dancing on the PLC grave of Jabba The Hutt as he tries to spin this disaster I look at: Green Dragon Gas (GDG) - PLACING AHOY - Servision (SEV), Jiasen (JSI), TrakM8 (TRAK), Fusionex (FXI), Independent Resources (IRG) and Plexus (POS).

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1934 days ago

Tom Winnifrith Bearcast 24 January: Himex this is jail for Rob Terry & bad news for Watchstone + crap AIM investment companies

I am sorry for the delayed podcast but I am only just back from time in the Grim Northern welfare safari with the mother in law and thus can now let myself go with a volley of bad language.  I end with an explanation of who benefitted from the £150 million + Himex fraud at Quindell (QPP) laid bare earlier HERE and how it also affects Watchstone (WTG). Before that I talk of my annoyance on the silly blogger spats and the explain the difference between a cash shell and an investment company and why I regard our work on exposing the latter as invaluable. In the middle segment I have more bad news for oil companies such as XCite (XEL), IGAS (IGAS), Petroceltic (PCI) & Gulf Keystone (GKP) and for the sector as a whole but also for the markets. Dont blame China, we bears are still in the driving seat.

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1938 days ago

Mkango Resources - where is that "early January" listing Chris Oil?

You may remember the strange tale of TSX listed Mkango Resources, a company in which market abuser, liar and criminal Chris Oil invested £100,000 in the late summer ahead of an AIM Listing on December 2nd. Of course, what Nomad SP Angel and Mr Oil failed to realise is that Mkango is, as we speak, insolvent, I guess the self-styled Britain's Buffet (sic) is just too clever to do any basic balance sheet analysis. So where are we now Mr Oil?

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1939 days ago

PeerTV - the great pump and ramp - this is a mockery

PeerTV (PTV) has lost $32 million since it joined AIM just under 5 years ago. It continues to burn cash and lose money. Its sales are trivial and it is drowning in debt. Its shares therefore have no value at all. Even as a cash shell it would have no value since it has no cash and vast borrowings. It is worthless. Full stop. Yet recent weeks have seen the pumpers in full flow in another sordid and shocking tale from the AIM casino.

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1940 days ago

The Curse of those who send Tom Winnifrith a lawyer's letter - set to strike again TOMORROW

I have only just finished celebrating the AIM demise of Daniel Stewart (DAN), a shite firm that mistakenly sent me two bully boy lawyers letters trying to gag me. Karma has now come for Daniel Stewart as it did for another firm that pissed away shareholders cash trying to shut me up, Globo. So who is next? You are not going to have to wait long. Karma struck today and I shall reveal all on Tuesday.Why not have a guess who got a dose of Karma today in our readers poll. Its easy...

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1940 days ago

Iofina - why wont it tell us the critical metric of cash? Reason: it has sweet FA

A year end trading statement is meant to allow investors to make a rational decision on whether to buy hold or sell the shares. A statement such as that served up by Iofina (IOF) today fails to do that. If a company fails to announce critical metrics it is - 99.99% of the time - because those metrics are dire. And that is the truth behind today's turd polishing from this AIM listed POS.

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1940 days ago

Condor Gold - Lack of Offer Period over - it's screwed

Back in September ailing AIM listed gold dog Condor (CNR) announced that it was undertaking a strategic review and was in an offer period. Today it says both processes are over. It was bollocks from the start, you can't polish a turd and this company - of which I have been a long term bear - is screwed. It is almost game over. It will be lights out in May.

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1941 days ago

Glenwick - Ramptastic bollocks that stinks

Every single Bulletin Board and twitter ramper seems to have a field day with AIM listed Glenwick (GWIK) over the past few weeks - it is the rampttastic cash shell of the moment. This stinks in oh so many ways and why can't these folks do basic maths?

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1941 days ago

Daniel Stewart - it's thankyou and goodnight: we dance on your grave

Having hinted previously that its AIM days may be numbered, last night at no-one-is-watching o'clock (5.29pm on a Friday) erstwhile AIM-listed Daniel Stewart (DAN) released an "Update on Suspension" RNS which admitted that following the resignation of Beaumont Cornish, the Nomad of last resort, the company had been unable to find a replacement. In other words no other Nomad is prepared to act and we should expect an AIM execution announcement on Friday of next week.

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1944 days ago

Tom Winnifrith Bearcast 14 January - Blenheim disgrace, Rosslyn ramps & other AIM shockers

I start with last night's/this morning's twitter tag team trolling of me by David Lenigas and Yusuf Kajee of Afriag (AFRI). I really feel pity for them and next time I go to Church ( December 24th) will pray for them. Then it is on to ADVFN (AFN) and its share price movement, to Blenheim Natural Resources (BNR) & African Potash (AFPO) an AIM tale of shame. Then I move into Riosslyn Data (RDT) and the looming placing, blinkx (BLNX) and Restaurant Group (RTN)

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1949 days ago

Buy FDM Group at a 530p offer

Investment Case: Despite in its current form only listing last year, principally IT personnel provider FDM Group (FDM) is a company we have have previously followed – its shares having previously been on AIM before the group was taken private in 2010. The shares were re-listed, this time on the main market, in June 2014 at 287p and exceeded 575p a couple of months ago before slipping back to a current 530p offer price. This makes its operational growth momentum and (growing) dividend interesting and sees the shares now rated as a buy.

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1951 days ago

Tom Winnifrith Bearcast Extra: The Biggest LIE told on AIM & a Crisis of Big PLC capitalism & Macro bear view

This is an extra bearcast for today. The main one on UK Companies is to follow. This one covers the biggest lie told by shite companies on AIM, told today by Golden Saint Resources (GSR) but it is far from alone, the real crisis in big PLC crony capitalism, ref Macy's and many others, and also why I remain bearish on equities.

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1952 days ago

China AIM 'Filthy Forty': End 2015 Performance Update (more Geong, Geong, Gone)...

With our previous China AIM 'Filthy Forty' performance update, to mark the cancellation of Geong International, we asked 'Who's next to be Geong, Geong, Gone?' The answer has been...

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1955 days ago

Reader Poll - who was the biggest stockmarket villain of 2015?

We have featured a range of total wrong'uns on these pages during 2015 but who do you think was the biggest stockmarket villain of the year?  Rob Terry for the Quindell fraud but also for his Knob Park antics at Imaginatik and Daniel Cesspit or was he the 2014 villain? David Lenigas for the fiasco at Lenigas Cuba and the disgraceful antics of Afriag as well as the Horse Hill fiasco? Peter Landau for finally getting his comeuppance? Criminal and liar Chris Oil who surely gets his collar felt in 2016? Naibu's Houyan Lin? What about Costis from Globo? The AIM Casino short list is in fact a depressingly long list but you can vote from the dirty dozen I have shortlisted below. Deadline midnight 3rd January.

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1955 days ago

Tired of smearing and attempting to bribe Tom Winnifrith, Afriag's Yusuf Kajee demands questions - ok, part 1

AIM Listed Afriag PLC (AFRI) shares should be suspended on Monday because of the mass of questions I have flagged up on this website HERE. One of the two principal players in the business, Yusuf Kajee, has spent the holidays sending me more than 130 tweets smearing me in the most repugnant manner possible (HERE) and also trying to bribe me (HERE). Now he asks for questions.

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1961 days ago

Tom Winnifrith Bearcast 28 December - when do the AIM criminals start going to prison?

I am back with my daughter's lefty Godparents in Brooklyn, New York. My daughter is also here and so thart means a few days of no swearing podcasts. Jeepers it is hard. Anyhow in this podcast I refect on post stockmarket crashes and how and why they cause  certain white collar crooks to finally face justice. Yes Chris Oil and Rob Terry are mentioned. 

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1961 days ago

Afriag - why this company is not fit to be on AIM: Yusuf Kajee, Paul de Robillard and the criminal activities

AIM Listed Afriag (AFRI) the brainchild of David Lenigas purports to be in investment company. This is a smokescreen. Sure it has small investments in five itty bitty AIM stocks connected to African Agriculture but its main business, which dwarfs everything else, is s 40% stake in Afriag SA which is 60% owned by DRK a British company jointly owned by Paul de Robillard and Yusuf Kajee.

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1961 days ago

Video: Interview with SolGold from the Gold & Bears show

Today's interview from the Gold & Bears show is with AIM Listed Solgold (SOLG) - enjoy.

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1968 days ago

A Reminder of my 12 Questions for ex AIM boss David Lenigas - he never answered

Jabba The Hutt has yet to announce his resignation from the board of Inspirit (INSP) but it must be imminent as he has quit four of his five remaining AIM directorships this morning. I guess in the boiler room they are not at full speed yet. Why the sudden departure from AIM? More on that later but here is a reminder of 12 questions I posed on 28 November for David Lenigas and of why you should have sold shares in EVERY company associated with him. Update: Big Dave quits Inspirit too.

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1971 days ago

Tom Winnifrith Bearcast 17 December - Concha another day of shame for AIM

I am sitting here with my father in Shipston. We have just had a long argument about the deaths of Cranmer, Latimer & Ridley. Naturally we both insisted we had the facts right. I am now 1p better off as I was right. My father has gone to the White Bear early in protest. Back to the podcast, I start with US base rates and why the UK will follow and what that means (house price crash, bad for certain equities). Then it is the AIM disgrace of the day Concha (CHA), onto Afriag (AFRI), Inspirit (INSP), Ultimate Sports (USG), Fastjet (FJET), and the shocker of a July IPO Adgorithms (ADGO). It is another day of shame for AIM.

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1971 days ago

Afriag - David Lenigas caught lying in another RNS and hello again to an old friend from Lonrho

Does anyone at AIM actually care whether David Lenigas tells the truth in any RNS statements any more? It appears that Nomad Cairn and AIM regulation do not give a FF. I shall now demonstrate to you a slam dunk and material untruth in an Afriag (AFRI) RNS.

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1975 days ago

David Lenigas panics over Afriag revelations and signs its AIM death warrant on twitter

Sometimes when the bad guys come under pressure it all gets too much for them and they panic and make a silly mistake. The Quindell "response to a blogger" statement actually gave proof of certain frauds. It was a blunder made in panic. And that brings us to David Lenigas who was so panicked by yesterday's Afriag (AFRI) bombshells and so effectively signed the AIM death warrant of the company with one single panicked tweet.

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1975 days ago

SHOCKER: AfriAg plc – Er…about that investment in AfriAg PTY Ltd?

Lots of questions are being asked about AIM-listed AfriAg plc (AFRI) at the moment, notably HERE. A few more arise out of the company’s Annual Report for 2013 which lead back to the acquisition of 40% of the South African entity called AfriAg (Pty) Limited. We’ll call that AfriAg SA. It seems to open something of a can of worms, as shall become clear in what follows.

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1976 days ago

Tom Winnifrith Bearcast 13 December - From a pain in the back to David Lenigas

I start with back news, not good but at least I have a handy tip for dodging passport control. Then it is onto the son of the late Brian Schneider of OEM infamy. He wants you and I to pay far more tax from our legitimate earnings though he has lived a privileged life - and still does - thanks to the proceeds of crime. He is a leading Jeremy Corbyn organiser. Right on Comrades. I look at Petropavlovsk (POG) and the idea of buying shares for the bid.  I move onto a new biotech IPO, Levrett. I explain why its a bargepole but also how the coverage of this in the Mail on Sunday (Simon Watkins) shows again the corrupt nexus between certain financial journalists and the PR world with an aim to dupe you, the investor. Then it is onto Jabba The Hutt's Afriag (AFRI) where I follow on from today's bombshell HERE and the follow up HERE by explaining the real problem it - and AIM - now faces.

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1976 days ago

Tobacco smuggling and a tale of two AfriAgs - the ghost of LonRho with David Lenigas

Fridays focus of ramping for David Lenigas was AIM listed AfriAg (AFRI) But what is this company and who is involved? I sense the ghost of LonRho, what follows makes this an uber-bargepole stock

Note: There are two AfriAgs in this tale – a UK Listed AfriAg (plc) with the ticker AFRI.  Confusingly there is also a private South African company with the same name - AfriAg (Pty) Ltd.  I will refer to the UK company as AfriAg plc and the South African one as AfriAg SA.  

Big Dave Lenigas

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1977 days ago

Video: Jason Drummond Teathers Financial at Gold & Bears - November 28 2015

In light of subsequent events, the suspension of trading on AIM in shares of Teathers Financial (TEA) I am sure that this video of Jason Drummond will be of some interest to many.

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1980 days ago

Olive Harvest at the Greek Hovel over - it has been dismal but that is not the point

Even without my, pretty pathetic, assistance, George and his team completed the olive harvest today as I sat in the hospital. Last year it took us 5-6 days, this year it was just three. The sacks now lie at the village press whose boss greeted me like an old friend, forgetting that my Greek is somewhat weak but gabbling away happily. Tomorrow afternoon we press.

I shall take 16 litres in a can back to England for Christmas presents (Foxy Bex I have not forgotten) and personal use for the next 12 months. The rest I shall sell and that will cover George's wages, a bus fare back to Athens and maybe my flights. That is not really the point. Unless

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1983 days ago

Defenx AIM IPO - shocking greed and a crap investment

On Thursday another tech crock of pooh floated on AIM - Defenx (DFX) - this is a tale of City greed and a shite investment.

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1986 days ago

InternetQ - Pathetic response to ShareProphets - target price cut to half a drachma

Today's From Athens with Love report from ShareProphets sent shares in Greece based AIM listed InternetQ (INTQ) tumbling by more than 50% at one point. Finally we get a weedy but all to predictable response and on the back of it I have cut my target price (for the whole company) from 1 drachma to half a drachma.

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1986 days ago

Is the next Chris Oil lobster pot disaster Mkango having some problems - AIM listing delayed

Oh dear, poor little market abuser Chris Oil - it seems that the AIM listing of his latest disaster Mkango Resources is running into a spot of bother. I pointed out here that without a fund raise the company would be BUST as soon as it listed. It seems that the news is now getting worse.

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1987 days ago

African Potash - the most expensive loan in AIM history (from the FD's wife)

Our scepticism about overhyped African Potash (AFPO) just moved up a notch as it has borrowed £750,000 from the Mrs of the FD in what must be one of the expensive loans in history.

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1990 days ago

From one train wreck to another, is Raylene Whitford of Sefton “fame” helping Solo Oil?

I am attracted to stunning women. My wife and, obviously, Cheryl Cole. Evil Knievil is attracted to fine wines. In fact to any wines. And it seems as if pouting ex Sefton Resources (SER) FD Raylene Whitford is attracted to overvalued cash strapped POS AIM listed oil Companies.

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1994 days ago

Octagonal & Big Dave’s car crash Lenigas Cuba – please explain Mr The Hutt

I have already demonstrated that the “investments” made by AIM listed Octagonal (OCT) – director Da vid Lenigas – are not worth anything like their stated value and that balance sheet support is illusory. But at least there was some cash. Or there was. Time for an explanation Jabba.

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1995 days ago

Tom Winnifrith Bearcast 24 November - another no swearing edition

Another podcast recorded at 6.30 AM in the apartment of my daighter's 80 year old Godparents in Brooklyn. So no shouting and no swearing. The lack of swearing seems to upset more folks than it pleases and so I shall be back to normal, God willing, tomorrow. In this bearcast I cover the joke at Golden Saint Resources (GSR), how to make money on AIM wth a Peter Lynch tale, InternetQ (INTQ), Creston (CRE), Tangent (TNG), Iofina (IOF) and Chamberlin (CMH)

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1996 days ago

Tom Winnifrith Bearcast 23 November - watching dying Unicorns

Greetings from Brooklyn. The podcast starts with a look at dying Groupon and LivingSocial, dying unicorns. What does this tell us about buying shares in cash burning companies – think most stocks on AIM. Then it is onto Armstrong Ventures (AVP), Gulf Keystone (GKP), Iofina (IOF), Alecto (ALO) and Cloudbuy (CBUY). Sorry this is a short issue with no swearing at all, but a busy day beckons.

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1997 days ago

Tom Winnifrith Bearcast 22 November - No Sleep till Brooklyn

I am sure folks my age know who sang that classic. The year it came out I was living in Brooklyn. I'm back. Boy its changed. The corner where I used to come out of the subway and get offered drugs is now a plush little oasis. I sit in the Starbucks opposite. How things have changed. In today's bearcast I look at the real scandal and failings at HBOS, explain why flip flop's view of AIM is, like that of the Clown on ADVFN, narrow and distorted and flag up a few interesting factoids explaining my increasing bearishness about the stockmarket.

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2001 days ago

Chris Oil finds another lobster pot disaster – bargepole alert Mkango Resources

Market abuser Chris Oil seems attracted to lobster pot stockmarket disasters in the way that I am drawn to Cheryl Cole. It is fascinating to watch car crash after car crash for the little twerp. Following on from Sefton (upping his stake to 13%) just before delisting, Lenigas Cuba (CUBA) – nuff said – now we have Mkango Resources. This train wreck hits AIM on December 2nd.

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2004 days ago

Octagonal – another David Lenigas AIM car crash – looking at its investments number 2

Anyone who was mad enough to back the Octagonal (OCT) placing at 2p this June is already 57.5% down. I guess by the standards of most David Lenigas placings of late that has to be viewed as a roaring success. I first touched on Octagonal as a car crash underway HERE and yesterday discussed its first rum and coke balance sheet entry HERE. But it gets worse (for Dave) and better for me.

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2005 days ago

Tom Winnifrith Bearcast 14 November: Malcolm wrong on Northern Rock, the AIM Crock and more David Lenigas

In today's podcast I start with the awful Paris attacks - my thoughts on this can be found in detail HERE. Then it is onto why Malcolm Stacey is 100% wrong about Northern Rock today (HERE), to the crock that is AIM and to a boycott already underway and finally some more musings on my favourite subject - David Lenigas

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2005 days ago

Octagonal – another David Lenigas AIM car crash – looking at its investments Number 1

Those mug punters who backed the 2p  £1.7 million placing by David Lenigas AIM POS Octagonal (OCT) in June as it snapped up GIS, a firm owned by Big Dave’s pal John Gunn, have done better than most folks backing the fat Aussie share ramper. The shares are now 0.85p to sell, so in five months they have only lost 57.5%. Compared to other Lenigas car crashes that is not too bad.  Now let’s start a series looking at what they actually bought.

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2007 days ago

Avanti Communications Q1 Trading Statement – Complete and utter turd polishing nonsense

King of the AIM bombasts the uber Welsh David Williams of drowning in debt Avanti Communications (AVN) has polished up another turd, that is to say his Q1 trading statement. Naturally Taffy Williams is delighted with all the progress being made. He always is as target after target is missed.

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2007 days ago

Oilex – this could be terminal

It gets worse. Shares in AIM and ASX listed Oilex (OEX) have now been suspended on Oz as the full scale of its legal difficulties emerges. The stock has never really recovered from the dual kiss of death of being tipped by both Zak Mir (HERE) and by market abuser Chris Oil (HERE) and is today down another 31% at 0.375p – roughly 90% below the levels when tipped by the dynamic duo a few months ago. 

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2007 days ago

Tom Winnifrith Bearcast 10 November - More Lenigas material & remember I had a hippie childhood

Having been warned off by the thuggish PR to David Lenigas (HERE) I have asked AIM Regulation to get the low down on Big Dave's trades or otherwise in LGO Energy (see HERE). And then what next? Aha Octagonal (OCT), an AIM listed company where the aforementioned Mr David Lenigas is involved - needless to say its shares have slumped. Then it is onto Nanoco (NANO) and Wandisco (WAND) as well as Lonmin (LMI). Finally I commend to you last night's BBC programme by Hugh Fearnley-Whittingstall on waste and the supermarkets. Can Malcolm Stacey reallysay the are ethical investments? I commend you all to watch it. Remember I grew up in a hippie self-sufficent family so maybe I am biased but I was horrified.

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2010 days ago

International Mining & Infrastructure – New Bonds so what? AIM Delisting Wednesday, ISDX lobster pot beckons (at best)

Disgraced International Mining & Infrastructure (IMIC) has today announced that it has managed to raise more cash ($22 million) by issuing yet more bonds. The answer to debt is not more debt, especially when you are not generating any cash. But when in a hole…just dig deeper.

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2011 days ago

SP Angel Morning Mining Note - Amur Minerals, BHP Billiton, Minera, Metminco, Stratex

The fool Flip Flop forgot to bring you Friday's note. You just can't get good staff these days. Luckily for you, I am here to tidy up his mess. John Meyer of SP Angel on Friday morning commented on Minera (MIRL), Amur (AMC), Metminco (MNC), Stratex (STI) and BHP Billiton (BLT) as as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond. 

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2015 days ago

Jim Mellon’s Regent Pacific buys Plethora at 12.5p a share but…

This is a bolt from the blue. Regent Pacific a HK and Frankfurt listed investment company run by my good friend Jim Mellon has today announced an all paper offer for AIM listed Plethora (PLE) at 12.5p a share. But hang on, the devil is in the detail.

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2015 days ago

Golden Saint Resources Live Execution Update day 26 – Grab a grand!

Totally insolvent AIM Golden Saint Resources (GSR) had a cracking day 26 on its live crowd funded debt death spiral – some mug punter pledged £1000. That means that £3,200 has now been pledged (admittedly at least £800 of that coming from imbecilic Northern slum refugee Richard “Gollum” Gill and colleagues at crowdforangels) and so the net proceeds (inc VAT outflows are now) a massive £88. Yes after 26 days Golden Saint has raised a net £88, enough to pay for the invaluable services of PR genius Stefania for approximately twenty two and a half hours. So …

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2017 days ago

Who's next to be Geong, Geong, Gone? - China AIM 'Filthy Forty' performance update...

Who's next to be Geong, Geong, Gone? - China AIM 'Filthy Forty' performance update. So far 15 down and 2 on the way out. Only 23 left standing. The average loss since IPO is a mere 46.4%. Strip out the two best performerers and two worst and the average loss is 82.5%. Shocking. So who is next for the high jump?

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2019 days ago

Is Tim Baldwin of TXO telling porkies?

Oh dear. Disgraced Tim Baldwin of TXO (TXO) – the company booted off AIM earlier this year and now at financial death’s door - is apparently lying to either companies house or to his shareholders or to both.

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2019 days ago

PeerTV – the day the AIM Casino told investors “fuck you”

Earlier this week PeerTV (PTV) – IPO’d at 45p a share four years ago now 0.02p – accepted that four shareholders had the right to stand for election to its board at an EGM on Monday. Today shareholders were told that they no longer had the right to decide who runs the company they own. AIM has allowed PeerTV to execute shareholder democracy. It has sent a message to all investors – FUCK YOU: the crony capitalists run the show.

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2021 days ago

PeerTV – Rat leaves sinking ship

Yesterday I urged you to back rebel shareholders who wish to oust the useless board at AIM listed confetti issuing machine, PeerTV (PTV) – HERE. You have until 3 PM today to contact the registrar to vote at the AGM on Monday and I urge you to do so NOW. Details on what to do can be obtained by emailing [email protected] - but the rats are already deserting but the confetti issuance also continues.

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2023 days ago

Sovereign Mines of Africa - the farcical “exclusivity period” ends

Shares in AIM POS Sovereign Mines of Africa (SMA) have been much ramped of late on the basis that there may be a rescue investor in or buyer of its Mandiana project. Time for a reality check.

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2024 days ago

Market abuser Chris Oil: Watch out BP and Shell - Sefton's coming for you

The man who claims that his family discovered the North Sea, who modestly describes himself as Britain's Buffett, the market abuser Chris Oil has today issued a stark warning to BP and Shell - their position is under threat...from Sefton Resources (SER) - net cash £300,000, no assets and set to be booted off AIM in less than a month. Well you heard it here first. Did his PR genius Steffi sign off on this tweet:

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2026 days ago

Golden Saint Resources Live Execution Deathwatch day 15 – Guess What?

You will remember that AIM listed Golden Saint Resources (GSR) is out of cash and trading while insolvent as it burns up to £6,000 a day but that its rescue plan was to raise £250,000 via a crowd funded debt death spiral masterminded by Northern slum refugee the talentless little shit Richard “Gollum” Gill and crowdforangels. So what is the update on day 15?

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2030 days ago

Tom Winnifrith Bearcast 20 October - Fireworks at Globo Ahoy!

Globo (GBO) is now the No 1 short on AIM and I explain why. Then I take a listener request - this is one off favour - and look at Messaging International (MES). Then onto LGO Energy (LGO) where I explain why the Bulletin Board morons are wrong and my target price is either 0p or 0.2p. UK Oil & Gas (UKOG) is heading down to 0.75p and I explain why. Rurelec (RUR) could well be a zero but is certainly a slam dunk sell. And then it is back to preparing my lecture for the lefty sociology students of the Mrs tomorrow "Capitalism makes the world a better place for all (Greed is Good)"

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2030 days ago

Golden Saint Resources Live Execution Update Day 11 – Guess what?

You will remember that AIM POS Golden Saint Resources (GSR) is out of cash and is burning cash at up to £200,000 a month. It is insolvent. Its Nomad Roland “fatty” Cornish is too busy thinking of his next five course lunch to push the company on this and have the shares suspended pending clarification. When this goes tits up, his failure on this point will be raised with AIM Regulation. But at least there is the crowd funded debt death spiral to raise £250,000 which is now 11 days into its 90 day campaign, there to save Golden. How is it doing?

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2031 days ago

Fitbug (lack of) Sales Director walks – when’s the next bailout placing?

If sales are going through the roof a sales director might be poached. If sales are a bit of an issue then the sales director leaves without a plausible explanation. And that brings us to the much hyped AIM car crash waiting to happen that is Fitbug (FITB). It today announced: 

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2032 days ago

Fishing Republic – now the maggots really start to emerge

I have already demonstrated how AIM listed Fishing Republic (FISH) has inflated reported profits by ignoring related party property costs HERE and how the valuation is a rum and coke HERE but now the real maggots are starting to emerge.  With thanks to reader David, I conclude that this company is a shocker and simply not investment grade material.

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2032 days ago

Golden Saint Resources Live Execution Day 9 – Gollum covers up how investors spoofed

It goes without saying that there live execution of insolvent AIM listed POS Golden Saint Resources (GSR) via a crowd funded debt death spiral is not going well. The past 24 hours has seen another £0 raised meaning that on day nine net proceeds are still MINUS £1938.50. But an eagle eyed reader has flagged up a weekend change, as CrowdforAngels tries to cover up how investors are being spoofed.

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2032 days ago

Tom Winnifrith Bearcast 17 October - Flip Flop Wrong again and the CIC Gold Disaster

In this podcast I explain why flip flop Ben Turney is wrong about cleaning up AIM. You dont need new rules or protections just the draconian implementation of existing rules against individuals (natch including Chris Oil). Then it is onto the court case next week and finally a demolition of CIC Gold (CICG)

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2033 days ago

Rightster is indeed shown to be a Wrongster – another victory for the Sheriff

Time and time again I have warned you that AIM listed Rightster (RSTR) was a wrongster, an accident waiting to run out of cash. An announcement on Friday must go up as another win for the Sheriff, it is five minutes to goodnight Charlie for shareholders.

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2034 days ago

Sefton – No-one likes team market abuser Chris Oil but they don’t care: AIM death 23rd October

As expected today’s news from carry on Up the Sefton Resources (SER) signals the death of its AIM career but it gets worse, the new management team and its backers stand humiliated. The City of London is closing ranks against them.

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2035 days ago

Golden Saint Resources Live Crowd Funded Execution day 7 Update – Guess What?

It is all action at crowdforangels, the crowd funding operation which asked for trouble when it hired as its compliance officer, Northern Slum refugee and prize tool Richard “Gollum” Gill. Six days ago it set out to raise £250,000 in a crowd funded debt death spiral for AIM listed insolvent POS Golden Saint Resources (GSR). The big news from the last 24 hours is….

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2035 days ago

Vmoto – another AIM China Norfolk announces it’s leaving the Casino in disgrace

Given the disgraceful profits warning, disposal that made no sense, joke of a balance sheet and all round laughable state of affairs, AIM China play Vmoto (VMT) should have lost its Nomad and been suspended ages ago. Instead it has just announced that it is to leave the AIM casino and since it maintains a listing in Australia it no needs no permission to do so.  Another one bites the dust.

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2035 days ago

Is the LSE having second thoughts about Lenigas Cuba – Dave admits he has a plan B

First it was going to list on AIM. Then on 22nd July punters were told Lenigas Cuba (CUBA) would list on the LSE Standard list  in “about 3-4 weeks if all goes smooth” as it raised money at 2p. It has not gone smoothly as a letter - obtained by me - from David Lenigas concedes. But Big Dave has a Plan B.

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2036 days ago

Golden Saint Resources Live Execution Watch day 6 – Oh Dear. And now David Lenigas wants to follow suit

The public execution of insolvent AIM listed POS Golden Saint Resources (GSR) gets more gripping by the day. 24 hours ago ( day 5) the company had raised £300 from mug punters and £800 from staff at crowdforangels including imbecilic compliance officer Gollum, meaning that the net proceeds of this crowd funded debt death spiral were still MINUS £1938.50. Today the total raised is…

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2037 days ago

Tom Winnifrith Bearcast 13 October - back to swearing at Big Dave, Fatty and all the other scumbags

In today's podcast I look at yesterday's Quindell (QPP) news, Big David Lenigas and his ramping and personal abuse (if he wants a war then I'm up for it), Golden Saint Resources (GSR) and what Roland "Fatty" Cornish should do now, Sefton Resources (SER), Galantas Gold (GAL), Auhua Clean Energy (ACE), long term AIM dog Image Scan Holdings (IGE) and SeaEnergy (SEA)

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2037 days ago

Golden Saint Resources Live Execution Update – day 5 – Time for fatty to suspend shares pending clarification

Today is day 5 of POS AIM listed Golden Saint Resources (GSR) attempt to avoid insolvency with a £250,000 crowd funded debt death spiral. As we noted on Sunday (HERE), £800 has been chipped in so far by employees of crowdforangels including its imbecilic compliance officer Gollum (HERE). So how much has been raised on day 5? And just how insolvent is the company? Er..

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2038 days ago

Golden Saint Resources Live Execution Update – day 4 – not good news for Gollum

Today is day 4 of POS AIM listed Golden Saint Resources (GSR) attempt to avoid insolvency with a £250,000 crowd funded debt death spiral. As we noted yesterday, £800 has been chipped in so far by employees of crowdforangels including its imbecilic compliance officer Gollum (HERE). So how much has been raised on day 4? Er..

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2039 days ago

Golden Saint Resources Live Execution Update Day 3 - The Curse of Gollum revealed

Another day gone and things look even grimmer in the execution chamber as we watch the public death of AIM POS Golden Saint Resources (GSR). Still only £1100 of the £250,000 needed has been pledged which means that – after costs – three days of the crowd funded debt death spiral has realised a net MINUS £1,938.50. But I am afraid the true picture is EVEN WORSE than that. Moreover…now it is time to meet Gollum, the mastermind behind this fiasco.

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2041 days ago

Watch Golden Saint Resources Die LIVE on screen - so far only £800 raised

AIM listed Golden Saint Resources (GSR)is out of cash and as we explained earlier HERE it is trying to raise £250,000 via a crowdfunded debt death spiral and even if it achieves that it will still be bust before Christmas. Our target price is 0p. But joy of joys you can now watch Golden Saint die live on screen - so far it has just raised £800!. This is such fun..,

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2044 days ago

Tom Winnifrith BearCast 6 October - Mariana symptomatic of investor exploitation on AIM

I am not picking on Mariana Resources too much. Okay I am and did so HERE. But the point in this podcast is to show how the actions of Mariana in destroying shareholder value while the crony capitalists plunder and profit are just symptomatic of how AIM works as a whole. I also cover Stanley Gibbons (SGI), Paragon Entertainment (PEL), the scumbags at Mosman Oil & Gas (MSMN), Iofina (IOF), BTG (BTG) and Volex (VLX).

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2044 days ago

Mariana Resources – prize shit Glenn Parsons is priming the mugs for a placing (again) - all the money’s gone

There is an old rule on AIM that the more RNS’s a company puts out the worse its share price performance since it is clearly just an exercising in ramping ahead of confetti issuance. In that vein I note that Mariana Resources (MARL) has this, so far in 2015, issued no fewer than 40 releases – more than 1 a week. 

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2044 days ago

Tom Winnifrith - An Open Message to LSE Boss Xavier Rolet re the China Frauds on AIM

The smug froggie cannot bury his head in the sand anymore. Another China fraud on AIM bit the dust today. I suggest that Mr Rolet accept that this is a scandal, apologise to the retail investors who have lost millions and then take 2 urgent steps to clean up this mess.

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2049 days ago

Geong, Geong GONE! - Another China fraud goes onto AIM casino Death Row

Oh dear. It could not get its accounts out on tme - given that they were total fiction that would have been hard - and at 4.05 PM today, shares in Geong (GNG) were suspended as Nomad and broker Finncap quit with immediate effect. I've wanted to use the phrase Geong, geong gone! in a headline for years and now I can. If no Nomad signs up for reputational hara-kiri within a month Geong will be booted off AIM. Pro tem it goes onto the casino death row. Boy the cells there are getting crowded.

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2051 days ago

China Fraud Camkids goes onto AIM Casino Death Row – Nomad quits, shares suspended

And it is another kill for the Sheriff and Deputy Sheriff of AIM – China fraud Camkids (CAMK) is now on death row with its shares suspended as Allenby this morning quit as Nomad with immediate effect. The lying tossers at Camkids could not even tell that straight – the RNS stated “Change of adviser”. It meant, the adviser had quit as it finally accepted this was a nailed down slam dunk fraud. It gets worse.

The token white bloke on the board, Jacques-Franck Dossin has resigned as Non-Executive Director of the Company “as he opposes the financial compensation which Camkids proposes to pay to three of its exiting distributors”. The CFO Ng Pei Eng has also walked with immediate effect.

You will remember that Camkids announced

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2054 days ago

Could the Bagot scandal bring down WH Ireland?

First it was the Daily Mail and now it is the Daily Telegraph that has taken up the cudgels on behalf of Essex pensioners Mr and Mrs Bagot who were completely robbed by AIM listed broker WH Ireland (WHI). This scandal is growing and could bring WH Ireland to its knees as I have already flagged up HERE. The Telegraph today gives us full details of the scale of the mugging. It is awful.

Between 2006 and 2012 WH Ireland discretionary fund manager James Molyneux invested £985,138 for the pensioners. Given their age this should have gone into safe blue chips. Instead it was spunked away on 45 different stocks mostly on AIM, ISDX or not even listed. By 2012 that portfolio was worth just £421,980 – 14 of the 45 companies had gone bust.

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2055 days ago

Please sue me for libel: Jiasen International is an AIM listed fraud from China – interims today

The Bulletin Board Morons want Jiasen (JSI) to sue me for libel. Well let’s make this easy for the Fujian fraudsters. “Jiasen is a fraud and its criminal directors have produced bogus numbers today – its shares are worth 0p.” There is no ambiguity there. Sue me for libel. What is the Chinese for “See you in Court bitchez?”

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2057 days ago

Vmoto shares back trading – its avin a bubble if it thinks we’’ll buy this shite

Shares in Vmoto (VMT) are back from suspension on the AIM Casino and ASX after it published a statement which only the thickest of morons and China Norfolk addicts will believe. It is talking shite. The shares are off 18% at 13.5p but the valuation of £20 million is just a rum n coke. Sell.

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2058 days ago

Global Market Group dies an AIM death – do any of the crony capitalists give a FF?

The Nomad to China AIM casino POS Global Market Group (GMC) was Grant Thornton. It quit on August 21. S with no new Nomad having been announced you would expect confirmation today this its casino life was over. There is no RNS.

I called the LSE Market Operations team.

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2059 days ago

Global Markets Group is on the AIM casino Death Row – it is now time for its last meal, execution is tonight

Of the Filthy 40 China stocks listed on AIM on June 1 2014 or listed since, ten have already been booted off the Casino while shares in four are suspended. Of those three are suspended as the Nomad has quit. They sit on Death Row and the first execution, expulsion from AIM, is scheduled for tonight.

It was Grant Thornton that quit as Nomad for Global Market Group (GMC). It floated at 130p in June 2012 at 130p. Its shares were suspended at 20p-80p. Boy that is a spread and a half. It has since announced

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2059 days ago

Why the Nomad system on the AIM casino fails, reason 52: I publish the Sefton resignation letter

There are numerous reasons why the AIM casino system of regulation based on Nomads fails miserable to protect investors from lying and fraudulent directors. But one major failing is what happens when a Nomad resigns and to demonstrate this I have got my hands on the letter sent by Fox Davies when it quit as Nomad to Sefton Resources (SER) in September 2012 and am delighted to share it with you.  Private & Confidential it is marked. Well not any more chaps!

Over the weekend I published leaked emails which demonstrated the moral vacuum at lawyers Pinsent Masons (earning obscene fees acting for Sefton) but also the real reason that Fox Davies quit – quite simply it thought Sefton was misleading investors.

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2059 days ago

Tom Milne not fit and proper person, must be SACKED by Sefton Resources NOW – EXPLOSIVE PRIVATE EMAILS revealed

I have obtained the explosive exchange of emails which saw Fox Davies resign as Nomad to Sefton Resources (SER) in 2012. They vindicate me once again in the libel case I won against this POS but show that CURRENT Sefton director Tom Milne is not a fit and proper person to sit on an AIM board and must be SACKED at once.

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2061 days ago

Buy Premaitha Health at a 20p offer, 
says Tom Winnifrith



This was not going to be my tip in the recently published book "The Magnificent 7" which you can download for free HERE. I was set to tip Optibiotix (OPTI) at c40p. Unfortunately for you (but fortunately for me since we own shares in the company) the share price has raced ahead to a 48p offer. I still think that they could head much higher and Zak Mir reckons that Optibiotix shares will be 60p by October. I think, that is what a chartist terms a long term view.



I take a rather longer, long term view than my illiterate Old Harrovian pal Zak and note that at least one broker (Hybridan) reckons that Optibiotix shares could trade at 200p by 2017 IF it delivers on all that it has promised. But I accept that there are a lot of IFs in that analysis and anyway you don’t want a stock that has already raced ahead since August.

And so that brings me to a sister company, Premaitha (NIPT) 

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2067 days ago

My Top 10 shares to buy on AIM (to dodge IHT) – Tom Winnifrith

It is all very well to ridicule the Daily Telegraph’s top ten AIM shares to buy to dodge IHT as I did yesterday HERE but could you do any better asks a reader. Possibly not, I don’t really like the AIM Casino but I am always up for a challenge so here goes.

The list below is my basket of ten – I hot link each one to our coverage here on ShareProphets which is in some cases fuller than other. Three are in there since we own them and thus it would be odd for me not to include them ( that is 1-3). The others are there with capital preservation (this is IHT dodging we are talking about) in mind although I hope for dividends and growth from the lot.

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2068 days ago

Daily Telegraph’s top 10 Aim stocks to buy – its ‘avin’ a bubble!

The Daily Telegraph has a cunning wheeze for its readers to avoid Inheritance Tax – buy AIM stocks. In fact this is a double wheeze. Not only are these IHT free assets but the Torygraph has selected a top 10 which seems guaranteed to smash the value of your estate. It is ‘avin’ a bubble with its top 10 dogs, oops I meant AIM Casino shares to buy. 

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2069 days ago

Update: China Chaintek - Nomad has quit - shares now suspended

UPDATED: Oh dear, it looks as if another China AIM stock is set to lose its AIM casino listing. AIM regulation has just now suspended trading in shares in China Chaintek (CTEK). Market sources say that Big Ray Zimmerman of ZAI Corporate Finance had enough and quit as Nomad to the Norfolk China Chaintek (CTEK) with immediate effect. The company has made no statement.

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2071 days ago

Tom Winnifrith Bearcast 9 September - more nonsense from and questions for Quindell

I start by clarifying certain rumous circulating that I am starting new businesses or getting involved with those who do. Au contraire. Very much au ffing contraire. Then it is onto today's ludicrous announcement from Quindell (QPP). I also cover Sefton Resources (SER), Goals Soccer Centres (GOAL), Auhua Clean Energy (ACE) - a dirty AIM dog if I ever I saw one - Asian Citrus (ACHL), Aquatic Foods (AFG), Daniel Stewart (DAN), Iofina (IOF) and of course Monitise (MONI)

Bulletin Board Morons can line up to apologise to me over Monitise and Iofina ( and of course Quindell) at any time. Don't all rush.

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2076 days ago

Tom Winnifrith BearCast 4 September - how many AIM oil companies will disappear by April 1?

What has happened to the IPO of Lenigas Cuba? Only asking. Meanwhile I wonder what percentage of the 100 oil companies on the AIM casino will still be on the casino and engaged in oil by April 1 2016? I suggest three routes by which they will exit stage left and hazard a guess. I reckon it will be 82 left. And I discuss denial in oil versus mining and why I am almost tempted by mining stocks again

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2081 days ago

An Open Letter to the Nomad to Hotel Corp & the AIM Regulation – censure the liars now

Yesterday, in a Bearcast special, I explained why the circular published by AIM Cesspit posterboy Hotel Corp (HCP) at no-one is watching O’Clock on Friday contained slam dunk lies designed to mislead investors into not voting out fat cat crony capitalist tax-haven dwelling chairman Derek Short. Today I have written to the company’s Nomad, Simon Clements of Sanlam demanding that the circular be withdrawn and that the directors be censured. In case Mr Clements dithers I am cc’ing AIM Regulation and the FCA to ask them to force his hand.

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2082 days ago

Camkids: we knew the balance sheet was a fraud now here is why the reported profits are also bogus

AIM listed China fraud Camkids (CAMK) effectively admitted that its stated cash was not really there with its ludicrous explanation of how it was set to disappear (HERE) but now let me show you why its reported profits are also 100% made up.

My top China fraud

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2082 days ago

Exclusive – the stockbroker who mugged pensioners for WH Ireland “retires” suddenly

Yesterday we outed Mr John Molyneux as the WH Ireland stockbroker who had mugged 75 year old pensioners by sticking the cash from discretionary accounts into penny stocks – usually WH Ireland corporate clients doing a fund raise – which had nearly all cratered.  I can reveal that Mr Molyneux has now decided all of a sudden that at 68 it is a good time to retire. With immediate effect. But if he and AIM listed WH Ireland (WHI) think this scandal is over they are mistaken. It is just beginning.

Because, while one 78 year old couple has taken their mugging up with the Financial Ombudsman and got back just under half of their losses (£150,000) we are fully aware that this was not an isolated case.

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2085 days ago

EXCLUSIVE: WH Ireland – Not only ripping off pensioners but a swarm of other scandals emerge

On Sunday I discussed how AIM listed stockbroker WH Ireland (WHI) ripped off a 78 year old pensioner for more than £500,000 but has only compensated him for £150,000. A WH Ireland spinmeister says that the actual loss for the poor defrauded pensioners was only £329,750. But the PR operative was less forthcoming when questioned about a swarm of other scandals.

First we deal with the fellow at WH Ireland who managed the discretionary account for these poor vulnerable old folk, shafting them by sticking nearly all their cash into AIM, Plus and unlisted penny stocks most of which cratered and most of which were WH Ireland corporate clients.  I put it to WH Ireland that the pensioners who took action were just the tip of the iceberg – the chap responsible, Mr John Molyneux, has abused a number of other discretionary clients in exactly the same manner.

A responsible firm 

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2090 days ago

Ben’s AIM CEO No 2 is either a big girl’s blouse or a snake

Yesterday Flip Flop Ben Turney gave a platform to an AIM CEO who was bleating about how his share price kept tumbling and blamed bashers, insider dealers and more or less everyone. The man is either a big girl’s blouse or a snake.

Shares in most AIM companies have been utter dogs 

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2095 days ago

Rob Terry, Quindell and the Bahamas Financial Criminals LOM Capital Part 2

Yesterday I raised the issue of the Bahamas based market manipulators LOM Capital which had a 2.15% stake in Quindell after its RTO onto AIM on May 17 2011. Hat tip to a reader from the grim post-industrial Northern welfare safaris for taking this matter further but we are now left with new questions for the fraudster Rob Terry.

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2095 days ago

Fastnet – Doing the Right thing even if it is red face time

A friend from God’s Chosen Country asks whether I should be slamming Fastnet (FAST) for getting out of the oil business. Au contraire. Yes there must be red faces at this AIM listed Irish oil explorer but I think it is doing the right thing and that more should follow. I applaud Cathal Friel for taking the flak for doing the right thing.

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2099 days ago

A 60% fraud rate for Crowe Horwath Associates on the AIM casino – Enquiry & suspensions needed now!

Auditors Crowe Horwath Associates have performed the local audit for five China AIM casino companies and at three we have already seen wholesale fraud as purported cash balances either were made to disappear or never existed at all. The Financial Reporting Council, FCA and the oxymoron that is AIM Regulation need to act NOW and shares in Camkids (CAMK), Jiasen (JSI), and Asia Ceramics (ACHP) must be suspended at once.

The companies where we know that there has been fraud and which got clean bills of health from CWA were: Naibu (NBU) –delisted -, Sorbic International (SBI) – delisted - and

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2099 days ago

The 2015 AIM Awards October 8, ShareProphets translation Service

On October 8th 1300 men and women in black tie and pretty frocks will gather for the annual AIM awards dinner in London. Seats cost c£150 each but who cares, it is you dear mug punters who are paying. The website is a hoot.

Why are you paying? Nearly all the tables are booked by City advisors: PR flunkies, lawyers, brokers, nomads. They earn their cash for ramping shite companies on the AIM Casino and then helping them raise money from er…you, private investors. So you are paying for this celebration.  The website is a hoot. Here is the homepage script with our translation in bold:

Each year the AIM ‘club’ gathers to celebrate outstanding achievement on the world’s most successful growth market.

Each year 1300 crony capitalists get pissed and fill their bellies using cash ultimately leached from private investors.  The champagne comes

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2099 days ago

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

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

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

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

In light of this

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2110 days ago

Feck me, I am a vitriolic blogger says the shite rag that is the Independent – Tom Winnifrith

I’m on my way to Warwickshire, the Mrs has a meeting in London and so – until Didcot at least – we are on the same train. She has bought The Independent, a truly dreadful publication, which on every issue (lazy doctors, murderous Jew-hating Palestinians, economic migrants, the works) is on the wrong side. But I find myself reading it anyway. How I suffer. And then on page 53…it is me.

The City coverage of the Indy is dire. The paper hates capitalists and so its line is drearily predictable. But today it runs a full page feature “Take AIM, Fire! The former armed robber unmasked as oil firm’s boss.” How very behind the news curve.

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2119 days ago

Breaking: Lenigas Cuba raising £3 million at 2p TODAY, ahead of 5p IPO but not on AIM

And we are off again with the next Big Dave Lenigas fund raise. This time it is Lenigas Cuba where books will close on Friday on a pre IPO funding raising £3 million (or a bit more) at 2p. Heck I know I’m on sabbatical but I thought I’d share this scoop with you.

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2120 days ago

Tom Winnifrith BearCast 22 July - China in recession, China AIM Casino fraud

The sabbatical can be broken for one of three events: the arrest of Rob Terry, suspension of trading in shares in Daniel Stewart and big China fraud news. Sadly Terry has not yet been lead away in cuffs but it will happen. But I sat down with my lefty father pleasing him as I discussed crooked capitalists (the deluded old boy reckons all capitalists are crooks) with reference to China macro-economics and China fraud on AIM in light of today’s news from Geong and Gate Ventures.

I refer in the podcast to the delusional China claims made by Getafix HERE and to Nigel Somerville’s excellent piece on Aquatic Foods HERE 

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2122 days ago

Pitter patter, the footsteps followed me

It is 4.37 and I am just pondering whether to have a last cigarette or to head straight onto the 4.47 from Temple Meads. I stand in the area in front of the ticket booths pondering when a petite young Chinese woman wanders up. Er…uh, a hit person from AIM fraud Jiasen?

She opens her wallet and shows me a ticket to London. “Where go?” she says. Follow me say I beckoning as I walk towards and through the ticket barriers and point to the train on platform 3 just the other side.

She follows. As I wander up towards my normal seat in coach F (a full desk next to the coffee bar) I hear the pitter patter of tiny footsteps. I climb on board in coach F and wander to my seat on the deserted train. The following continues. The normal solitude of my journey which lasts until Didcot, when the train fills up, is today broken. Follow me was an instruction followed literally for the little lady now sits directly in front of me.

Maybe she is a Jiasen hit person after all and is waiting to do her job when – in a few minutes – I head off for a coffee?

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2123 days ago

Reader Post of the day - why AIM's flawed nomad system creates IPO fraud

Just now and again readers on ShareProphets post utter gems which merit a wider audience. Reader its me is a City insider and knows how the system works or rather does not. Commenting on the latest China fraud revelations (Global Lock) he explains a real failing in the Nomad system. It is a very instructive comment and something the LSE should - but won't - take on board. Over to its me:

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2124 days ago

Tom Winnifrith BearCast 18 July - Fraud, funding and missing Lords

My MCC card is in my pocket but I am, again, missing the Lords test on a glorious Saturday. One year... I then take this podcast to the China AIM frauds. By next Wednesday 4 will have been booted off the casino so far this year, I refer you to a superb piece out earlier today HERE. I chatted late at night last week to an emerging markets fund manager and thus offer up more thoughts on these frauds. Then it is onto how the 900 companies on AIM that need funding will get it and in this section I look again at valiRx.

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2144 days ago

Reader Poll – Monday a good day to bury bad news – how many profits warnings?

It is all kicking off. Greece & Grexit, The Chinese stockmarket bubble bursting, ISIS on the rampage. The eyes of the world will not be on London listed companies. It is to quote that Labour spin doctor on the day of 9/11 “a good day to bury bad news”. What better day to sneak out a profits warning or a deeply discounted placing to your mates, the City spivs?

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2149 days ago

Video Kerim Sener of Ariana Resources at ZaksTradersCafe

Kerim Sener of AIM listed Ariana Resources (AAU) popped into present at the new event organised by the Sith Lord Zak Mir last night.I have always liked Kerim and also think Ariana shares are cheap.Anyhow, here is a video of his presentation.

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2153 days ago

AIM - The Crony Capitalists, the Press, the backslapping continues - I vomit

Rob Terry and his latest Quindell missive, the latest Sefton farce, the China frauds, the sheer level of mendacity, greed and corruption on the AIM casino is at a level which I cannot remember but the authorities do sod all and all the time the Private Investor gets screwed. This week AIM celebrated its 20th birthday and its allies in the crony capitalist cabal on Fleet Street lapped it up. I am sorry to say that my old pal Geoff Foster of the Daily Mail penned a vomit inducing piece HERE which needs "fisking"

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2155 days ago

New share tip from Tom Winnifrith this afternoon at 3.15 PM

The average gain per share tip on the Nifty Fifty website run by Tom Winnifrith is now 23% on an offer to bid basis. The average holding period is one year. Okay that is only after two and a half years but given the dire performance of the AIM Index in that period it is not bad going is it? And Tom has a new tip out this afternoon, you can access it HERE

As it happens 23%

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2156 days ago

Auhua - what a bunch of cocksuckers - crony capitalists foiled by The Sheriff of AIM

Earlier today I revealed in yet another scoop that POS China AIM listed company Auhua (ACE) was planning a placing at just 4p when its shares were trading at 13-15p. The discount told you everything. Broker WH Ireland knows this is just a shite investment and the only folks who will support it are flippers. And now Auhua has fessed up - the Sheriff was right. Yet again. Auhua states:

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2156 days ago

Exclusive: China AIM play Auhua share price 14p - WH Ireland trying to raise cash at 4p

Chinese AIM play Auhua Clean Energy (ACE) shares now trade at 14p. The company promised in December that it would release its annual results for calendar 2014 in April. It is now June and still no results.

At the half year the company claimed to have net cash of more than £4 million and to be profitable. So why is it doing a placing?

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2157 days ago

Tom Winnifrith Bearcast 14 June: two stocks that show everything that's wrong with AIM

This podcast contains bad language. AIM is not the only 4 letter word used. I look at two big fallers today: Sabuen Technology and Management Resource Solutions. In very different ways these companies demonstrate everything that is wrong with the AIM casino and why investors will carry on getting screwed unless radical changes are made.

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2157 days ago

Prize Competition: AIM is 20, nominate the "lifetime value destroyer" on the Casino

A free meal for two at Free Speech & Liberty Pizza House in Clerkenwell is the prize in this week's contest. On the 19th the crony capitalists will be celeberating AIM's 20th birthday. How they will celebrate with black tie events, champagne, coke and hookers all paid for you.. the mug punters.

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2162 days ago

The Swansea Bay Tidal Lagoon: the folly & corruption of the political, media & business elite

Today comes the news that planning permission has been granted to a £1 billion wildlife destroying green energy project in Swansea bay. This will cost the British consumer vast amounts of money but the political, media and business elite are right behind it. The Swansea bay tidal energy scheme shows the folly and corruption of an elite that has never been more out of touch with the plebs, the punters, you and me. We who pay the bills.

It will cost £1 billion to build the scheme, a massive seawall containing 16 turbines that generate power as the tide goes in and out. Migrating fish, like the ones that the uncles of my daughter catch in the river Tawe will be minced like the birds that are chopped by wind turbines. But it is all in the name of the environment so who cares?

The cost of this scheme and the fact that tidal power is not that er...powerful means that the £1 billion scheme will generate only enough electricity to power 155,000 homes - that is to say 90% of the households in the post industrial welfare slums of Swansea.

But the capital cost and the ongoing cost of maintaining underwater turbines means that for the consortium behind this which includes AIM listed Good Energy (GOOD)

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2171 days ago

First day of sabbatical - Zero Hedge flattery & asked to speak at top fraud conference

So how is the sabbatical going? Hmmmm. Not quite so restful. when at the Greek hovel I live on English time so I work late and get up not quite at the crack of dawn. Other than today when my nearest neighbour - he lives a mile and a half away - Charon knocked on my door at 6 am GMT. I answered in my underpants in a rather sleepy fashion but that did not phase him.

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2176 days ago

Tom Winnifrith Bearcast 23rd May - why not pack it all in?

It is tempting such is the disgust I feel about the market right now but then I change my mind. In this podcast I look at what is so wrong with AIM, how to fix it and also specifically at the Plus500 and Thomas Cook connection.

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2187 days ago

Tom Winnifrith BearCast - 16 May

Oddly I had quite a lot to say in this podcast. I start on a personal note, feeling a confidence breached. I then move onto the buggers muddle at New World Oil & Gas (NEW) - really the shares must be suspended now until Wednesday. Then onto Insetco (INC) and lessons learned from a debacle we warned about and which the Deputy Sheriff of AIM covers again HERE. Finally onto the "Gary Newman rule" - his suggestion of locking in those taking part in AIM placings. I sympathise but I warn that it would kill off 400 companies on the casino. Beware of what you ask for.

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2194 days ago

Sorbic finally admits CEO has stolen all its cash but it could well be worse at this China AIM fraud

The London Stock Exchange denies that there is a problem with China AIM frauds. What planet is patrician twit Chris Gibson Smith on? Well it is only dirty little people (aka private investors) who are being cleaned out so who gives a FF anyway, Chris old boy? This brings us to Sorbic (SORB) which today admitted that its CEO has stolen all its money, In fact I reckon it’s worse than that.

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2199 days ago

Why Beaumont Cornish MUST be stripped of its NOMAD license and fined into oblivion immediately

Written jointly with Ben Turney & Nigel Somerville...Quite simply, the firm of Beaumont Cornish is not fit for purpose as a Nomad. It epitomises all that is wrong with the AIM market. The epic fiasco surrounding the New World Oil and Gas Placing may be the last straw but Beaumont Cornish has form going back years. Even with regard to just this one company there have been serial disasters, but there are more cases where Beaumont Cornish has failed in its duties as Nomad.

If the Laughing Stock Exchange and the chocolate teapots of the FCA are going to try to maintain any pretence whatsoever that the AIM market is policed then Beaumont Cornish has to be made to pay the price. In this article we outline some of the scandals presided over by this squalid firm. Investors have lost money through incompetence, lies, fraud and cronyism where Beaumont Cornish is supposed to have acted as the long arm of the regulator, but has failed. Token private taps on the shoulder or fines of the magnitude of a good lunch are not enough. Public and summary execution is now the only way forward. Here are just a few examples of what Roland “Fatty” Cornish and his crew have presided over. 

2012 – Digital Learning Marketplace plc (DLM)

Back in 2012,

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2202 days ago

Video of Venture Life presentation at UK Investor Show 2015

Venture Life (VLG) is an AIM listed play on the ageing of the population. Its presentation at the UK Investor Show explains how it will profit from this and can be seen below.

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2204 days ago

Tom Winnifrith bonus Bearcast - today's developments on the China AIM FRAUDS Naibu and Gate

We have news today from both Naibu and from gate Ventures, two of the numerous China frauds listed on AIM. In this bonus podcast I translate for you what they are actually saying, point out the chinks in their statements and explain why both frauds will unravel.

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2206 days ago

Tom Winnifrith BearCast 27 April - Ive just had enough

Shares rise for no reason, the company say there is no reason, they fall, a few spoofers make money. In other cases stocks are being ramped in ways that are completely outside the rules of the game. Sorry to do this but I have to use the weekend's nonsense from Sefton (SER) as an example. Either there are rules in which case this stock needs suspending and some folks getting a slap on the wrists or there are no rules in which case the hoods are running the asylum and AIM is officially not an honest place to do business. I also look at Mosman Oil & Gas, Daniel Stewart ( apologies timescale a day out on that one) and a few other POS stocks.

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2207 days ago

Video of Presentation by PCG Entertainment at UK Investor Show 2015

AIM listed PGC Entertainment (PGCE) might well be the only "straight" China play on the AIM casino. It presented at the UK Investor Show and the video is below...

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2207 days ago

Video of UK Investor Presentation by soon to IPO Bitcoin play Coinsillium

Coinsillium is planning an IPO within weeks on AIM and it seems to be attracting some interesting backers as a bitcoin play. It presented at UK Investor Show 2015 and here is the video.

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2207 days ago

Video of UK Investor Show Presentation by Rare Earth Minerals

They are flooding in now. Unlike some trade shows where you see rows of stands from financial services pond life like Darren Winters and Nasdaq listed and privately held UK companies of zero interest, UK Investor has stands manned by 100+ PLCs listed on AIM in which you can invest. One of them was Rare Earth Minerals (REM) and here is the video of its presentation from 2015.

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2210 days ago

Sir Tony Baldry MP – what price honour?

Vile slug Sir Anthony Baldry, Tory MP for Banbury until May 7th has long been associated with colourful outside business interests. He was involved with the AIM fraud 3DM but his latest oriental enterprises really are the most amazing yet. Yes, Sir Tony is linked into the scandal that is AIM listed Gate Ventures (GATE). I shall demonstrate the link later but for now I shall start with a remarkable photo.

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2216 days ago

Insetco – it is the end my friend, another AIM Casino disgrace

On April 2nd AIM Listed Insetco (INC) announced that its Nomad and broker Cairn was to quit on May 2nd and that it was seeking a replacement. I warned you back then that you should sell as this company reeks of Terry Ramsden and is a dog. Well today came news that Cairn has now resigned with immediate effect and the shares are now suspended on the casino.

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2220 days ago

Who would like to attend the LSE AGM with Lucian and myself on 29th April – half price pizza after

Ok I am up for it. In response to popular demand I will be coming up to London on April 29th in order to attend the London Stock Exchange (LSE) AGM to give the useless tossers in charge a hard time about fraud on AIM, both Chinese and otherwise. Lucian Miers is up for it, anyone else fancy a bunfight followed by pizza.

Our thesis is that the LSE does not give a FF about private investors losing cash on fraud after fraud on AIM, all it cares about is getting more fees for the casino it owns and pretends to regulate by allowing any POS to float.

We have questions about

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2221 days ago

Tom Winnifrith Bearcast - Blur shocker special

Today's profits warning from Blur is a shocker in every respect. It allows me to wander down memory lane to a date with Mellissa Hellberg in Mile End park, to a revised version of both Girls & Boys and Park life but also to examine this whole sorry saga from top to bottom. Warning: This podcast contains both singing and explicit language.

A reader from Banbury adds to the musical theme with his version of the Blur classic, Tracy Jacks, from the album Park life. The revised version is below: 

 

(Philip Letts) works in public company

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2224 days ago

Competition – which is the most worthless company on the AIM casino?

I spotted a company over the weekend which has negative net assets, negative current assets, is burning cash and says that it is an investment company. I shall not reveal its name yet but if one works out the NPV of such an enterprise it has to be less than nil. Is it the most worthless company on AIM? Have you spotted a company that deserves this prestigious title? Enter our latest competition.

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2230 days ago

The Ukrproduct debacle – another damning indictment of ZAI Corporate Finance – when will it be shut down?

The latest AIM casino debacle to show London’s worst Nomad ZAI Corporate Finance as not fit for purpose concerns casino listed Ukrainian dairy products group Ukrproduct (UKR) and it is a true shocker.

I have warned for ages that this company was – given the situation in the Ukraine – just complete junk (see HERE) but just how much junk is now clear and again it shows that ZAI due diligence with client take-ons is not worth a bucket of soiled toilet paper.

On 23rd December a trading statement signed off by then Nomad Cantor Fitzgerald seemed upbeat enough given the fact that the Ukraine currency was going down the toilet as the country descended into open civil war. But at least we were reassured that: “The Group's cash levels and bank facilities are sufficient to meet current debt obligations in the short and medium term”.  Hmmm – how does one define medium term?

The next RNS of note was on March 31 when it was announced that it had switched Nomad and broker from Cantor Fitzgerald to big Ray Zimmerman’s ZAI. Now Cantor is not top flight but still it is like announcing that you are chucking, say, the half decent girl next door in order to run off with Norah batty (without the makeup and on a bad day).

You go to big Ray only

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2236 days ago

Nomad fined £90k for assisting an AIM PLC mislead investors – but why so little and which one? Vote now!

For the first time in ten months the keystone cops at AIM Regulation has fined and privately censured a NOMAD for assisting its AIM listed client in misleading investors. But we do not know which Nomad has been a naughty boy and the level of the fine is a total Rum & Coke.

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2238 days ago

Tom Winnifrith Bearcast 26 March (A) - Rosslyn, Motive TV and Zibao Metals

There is so much to say in today's podcast but to clarify that in yesterday's podcast when I said monogamy I meant celibacy. I start with a tidy up on Motive TV following on from HERE and then onto Rosslyn Data as a follow up to HERE - I shall be contacting the FCA and AIM Regulation about Rosslyn and its loathsome Nomad Cenkos later. And then onto a special from Big Ray Zimmerman at disgraced ZAI Corporate Finance - a true POS that is Zibao Metals Recycling. Guess where it does its business? And we have the China AIM Norfolk poll results for you.

If you like this knockabout style you will love my two ( or maybe three) presentations at UK InvestorShow on April 18 in Westminster. As of now fewer than 100 of the 2000 tickets are still available. Book yours now HERE

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2244 days ago

Does any reader have 20 minutes to spare for Student Zahir?

A university student called Zahir Pandor has been in touch for help with his thesis which is on “investor sentiment on AIM”. He asks for you help.

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2244 days ago

Peter Landau wants to float another POS on AIM – the man has no shame

Disgraced Aussie promoter Peter landau has no shame. Investors have lost almost everything on Range Resources (RRL) while Landau has trousered millions via his Okap Ventures Company. Shares in Black Mountain Resources (BMZ) remain suspended. Yet the money grubbing bastard is back for more as he plans, I can exclusively reveal, his next IPO.

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2245 days ago

Breaking: Ray Zimmerman and ZAI – the 80 page reprimand revealed and now a call to AIM Regulation for strike off

It is no secret that ZAI Corporate Finance run by big Ray Zimmerman is the worst Nomad in London. If no-one else will represent a client, Big Ray steps up to the plate but I can reveal that this has already landed him in the soup big time with the regulators and I now urge the FCA and AIM Regulation to shut him and his company down for good in an open letter.

AIM relies on Nomads doing due diligence on clients before taking them on and monitoring them after take on. If a client is a “wrong un” the Nomad must report this and stop trading in the shares. But sometimes the need to generate retained income means some Nomads turn a blind eye or worse.

What I can reveal today is that ZAI Corporate Finance has already been slammed by the regulators

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2263 days ago

Exclusive: Which AIM CEO has been in gaol since mid-November? The casino’s darkest hour is now

Yes you read the headline correctly. The CEO of an AIM listed company has been languishing in prison since mid-November and no-one has been told about it. Two Nomads, the non-execs, AIM Regulation you stand accused of contributing to the darkest hour of the Casino. Anyone who has bought shares since the incarceration you know who to sue. Surely heads must roll?

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2266 days ago

Tom Winnifrith's BearCast - dancing on graves at Coms and Dolphin Capital

A regular podcast follows later but please allow me to celebrate two big vindications. Dolphin Capital (DCI) was the first company to send me a lawyers letter in my new role - August 2012. Its entire board has just left. I am still here. I dance on the graves of their corporate careers. Next up Coms (COMS) which has just issued a dire profits warning and worse. I have been warning you about this for months to general abuse from Bulletin Board Morons. Perhaps for all the smears, harassment and abuse they might care to form an orderly line to apologise - yet again. The Sheriff of AIM was right yet again, the morons wrong. When will they learn?

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2270 days ago

China – AIM just does not get it – shocking revelation

AIM is owned by the London Stock Exchange and regards itself as the junior market for the world. I regard it as a casino and its regulation department headed up by Marcus Stuttard, the self-styled Sheriff of AIM, as the biggest joke in London. I now have a shocking revelation for you which exposes the conflict of interest which will destroy what little credibility the casino still has.

AIM (i.e. the LSE) makes its money simply by having as many companies listed as possible. It does not matter if the companies are good companies which make money for investors or are frauds which steal money from investors, AIM just wants companies to list. And to stay there. And with that in mind the idea that it can regulate itself is like asking the fox to take care of the chickens.

In the last month we have seen the Naibu scandal hit the front page of the FT.  As we 

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2278 days ago

Five ways to reform AIM – a market veteran writes

A reader who knows AIM from the other side writes in with some fairly draconian suggestions for reforming the AIM Casino. He clearly knows what he is talking about and I have real sympathy with the points he makes. Will the casino take any of them onboard? Our correspondent writes: 

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2278 days ago

1Spatial – Disgraced Chairman Steve Berry fired and more Good news.

1Spatial (SPA) announced last week that its chairman Steve Berry was to leave with immediate effect. Good.  I have exposed this utter  rotter as being up to no good at all at another company on AIM – Touchstone Gold (see HERE).

Berry was not key to the 1Spatial management team but was becoming an embarrassment and so he had to go. Hats off to the executive directors for giving him the order of the boot without compensation. That was the right call.

Directors on AIM have to realise that being a director of a PLC does not require you to have the morals of Momma Theresa but that certain standards are required. Putting out misleading presentations as the crony capitalist Berry has done at Touchstone (TGL) falls beneath that standard.

In the short term that might spoof 

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2280 days ago

Entu – what’s not to like? Very strong maiden results

Tipping a recent IPO is always a tad nerve-wracking as some companies just take their eye off the ball as they head to AIM, regarding it as the end of a journey not the start.  And so I am rather chuffed with Entu (ENTU) which listed in the autumn at 100p, we tipped at a 107p offer and which is now 120p-124p. Well done to young Steve for it was he who spotted this. Results out this week vindicate the lad.

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2281 days ago

Exclusive: Nigel Wray (Britain’s Buffett) takes 8% stake in Guscio

Two days ago AIM listed Guscio (GUSC) announced that it had raised £610,000 (before expenses for the crony capitalist broker and nomad) at 8p. The placing was only intended to raise £500,000 but done at just below the offer it was oversubscribed.

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2285 days ago

Tom Winnifrith Video -10 Pump & Dump AIM stocks to flag up

At the ShareProphets Seminar on 2nd February I did a joint presentation with my pal Anand from PrimaryBid. Anand’s new venture goes live next week and aims to kill off the bucket shops by allowing private investors to supply capital to AIM tiddlers at a discounted price directly. It will also make it cheaper for such firms to raise capital. I hope you will ALL support this venture and register HERE

My video flagged up 10 stocks which look like slam dunk pumps ahead of a dump to me.

Anand then explained PrimaryBid and we worked through an imaginary example together as you can see below.

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2287 days ago

Hargreaves Lansdown jumps into bed with the free speech deniers & black balls ShareProphets

You would have thought that a firm of stockbrokers would want to see a critical press exposing fraud on AIM so that its clients do not lose money. But it appears that Hargreaves Lansdown (HL.) has given into the Bulletin Board jihadists and has joined other companies such as Tesco in refusing to advertise here. The same folk who have sent me death threats, smeared me and the restaurant because of what I write (fraud exposes) are trying to get this website closed down.

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2287 days ago

Did Rangers break AIM Rules again – the tale of the disappearing press release.

Companies on AIM are meant to post price sensitive information via the Stock Exchange and under Rule 22 they also have a duty to ensure that it is accurate. But Rangers FC (RFC) is advised by China fraud specialist Mr Paul Shackleton of WH Ireland and so yesterday it posted such (mis) information on its own website only. It then withdrew even that release but luckily I have a screen grab for you below.

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2291 days ago

Dan Levi only earning 33p a month at Sefton – ShareProphets new Charity Single : Feed the Slum Boy

Brokerman Dan has called in from the Manchester Slums to say that he is not earning £1 a month as the saviour of Sefton Resources (SER) but will be the lowest paid executive on AIM earning just £1 a quarter. Even by the standards of the welfare safari park known as Moss Side that seems a trifle low but we at ShareProphets care and so our writers will tomorrow be gathering in Clerkenwell to record our latest Charity Single #FeedTheSlumBoy. All proceeds from the single will be sent direct to the deprived folks on the welfare safari. Once again with apologies to Bob Geldof & Midge Ure:

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2309 days ago

A letter from the Sheriff of AIM to Jim Sutcliffe, deputy chairman designate at Quindell

Jim Sutcliffe is the deputy chairman designate of Quindell (QPP) and is also a Fellow of the Institute and Faculty of Actuaries and in that spirit I have written him a letter which was emailed over today. Let’s see what he says. But I pose a tough question or two for lucky Jim.

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2313 days ago

Buy Entu at 107p

Investment Case: Provider of energy efficiency products and services to homeowners in the UK, entu (UK) plc (ENTU) listed on AIM at 100p per share on 30th October. However, unlike most IPO’s, the prospective ratings – a price/earnings multiple of 8.4x and forward dividend yield of 8% – suggested this one potentially attractive. This has been reinforced by a trading update earlier this month noting that the company “has seen robust trading in the year across all its divisions” and that it is seeing a positive combination of increasing brand awareness and increasing public awareness of the economic and environmental benefits of energy efficient home improvements. Still though, at a current 107p offer price – only a little above the IPO price – the shares are a buy.

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2314 days ago

Tom Winnifrith Bearcast 9 January - Fraud, Naibu kill, other AIM China stocks & Quindell chairman, PWC & fraud

Really just a few matters on the agenda in this special prompted by the suspension of shares in Naibu (NBU) today. I have been calling this out as a fraud for a year. I win. I look at the read across to China Chaintek, Camkids and Jiasen, to what it says about ZAI Corporate Finance and its other clients and what it says about any other stock I call out as a fraud. I look at Quindell, rumours about a new chairman, PWC and the fact that it too is a fraud. I also have more to say on the matter of free speech.

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2319 days ago

Tom Winnifrith’s share tips of the year 2015, No 8 – sell Jiasen International at 42.5p

Anyone owning a Chinese based AIM stock is certifiably bonkers.  That is especially the case if it is based in Fujian Province, a small part of the PRC which has specialised in listing frauds on AIM, the Frankfurt Exchange, the TSX and NASDAQ.  The Fujian four on AIM are: Camkids (CAMK), Naibu (NBU), China Chaintek (CTEK) and Jiasen International (JSI) and for all four my ultimate target price is 0p. But I feature Jiasen today at 42.5p as a sell of the year.

The modus operandi of a Fujian fraud is simple.

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2323 days ago

Tom Winnifrith's Alternative Christmas Message to the Commonwealth of AIM

In case you are bored at 3 PM here is an alternative broadcast. 2014 was an annus horribilis for AIM investors but as with the story of the nativity while there is sadness, pain and suffering there is also hope and Tom outlines two great signs of hope for the junior market in his forthright Christmas message.

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2334 days ago

Absolute tummy rot on Jiasen International – a China POS

I actually like the team from Beaufort Securities but have to pull them up for this note of last Thursday on AIM China POS Jiasen International (JSI). This company may be legit but everything it states follows the pattern of companies – like it – from Fujian province which are out and out frauds.

The Beaufort note reads:

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2340 days ago

Tom Winnifrith BearCast 14 December -Santa rally is hogwash, shares are going down

I wish no offence to those who believe in Santa (rallies) such as comrade Stacey not to those young whippersnappers such as Mark Howitt who see every sell off as a buying opportunity. But I have been warning for months that UK Equities were simply overvalued and that remains the case. Their advice to buy on the dips and not on the dips has been flawed. I am vindicated and I shall be more vindicated and so today I explain why shares (FTSE 100 down to AIM) are not for buying just yet.

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2341 days ago

Tom Winnifrith BearCast - 80% of AIM oil stocks to go bust?

Okay that grabbed your attention. I do not believe it but that was the claim made by an industry grey hair as we chatted yesterday. Some will go under however, the world has changed. I look at IGAS, Northern Petroleum, Adriatic Oil, Spitfire Oil, Mosman Oil & Gas in particular and the sector in general in a podcast special.

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2341 days ago

Tom Winnifrith's Bearcast - Individuals commit stockmarket crime not companies - the 1 reform AIM should make

How to clean up AIM at a stroke? Shimple. Listen to my pal Sam Antar and accept that it is individuals not companies that commit or aid fraud and go after them. A simple suggestion to clean up the market at a stroke.

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2346 days ago

What the Quindell RNS really means – it means 0p, and here is why

I could not have put this better myself. Posting on the Motley Fool, the incredibly astute Waz Shakoor (who is short of the stock) explains it in the clearest terms. This is going to 0p. Hat tip to Waz who writes:

Writing an RNS can be a real art form, as can interpreting what has been written. That is why the initial reaction to a seemingly positive RNS can often whither away as more experienced investors get their teeth into the exact words that have been used. In the case of AIM, one also has to bear in mind what the NOMAD (if it has any sense of responsibility) will put its name to.

Today's RNS is a classic from Quindell:

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2347 days ago

BearCast: Tom Winnifrith Brings AIM Into Disrepute er no..Agenda for Reform

I was accused by some moron yesterday of bringing AIM into disrepute. Au contraire I merely shine a light on the stinking cesspit it has become. In this podcast I explain some of AIM's dirty secrets, another fraud committed by an AIM Company (guess which one) and set out an agenda for easy reform

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2348 days ago

Open Letter to the FCA & AIM Regulation – Quindell and Market Abuse on 13 October 2014

Market abuse covers many sins but one is to give a misleading impression of the value of securities as a result of false statements.  Quindell had told investors that it would achieve cash breakeven in Q3 2014. In fact it managed to beat this target thanks to a number of covert measures which hid the true picture. This is market abuse (FCA) but also a breach of AIM Rules. I have therefore written to both the FCA and AIM Regulation and cc’d in the hapless chumps at Nomad Cenkos demanding an urgent investigation.  I write:


Dear Sirs.

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2348 days ago

Tom Winnifrith's BearCast - Time to revolt against the Crony Capitalist nomads, brokers, PRs and boards

I was thinking, as I rode home through ghostly olive groves illuminated by a full moon, about the mindset of Daniel Stewart employees who want to beat me up. My crime is to point out the fact that they have earned vast sums by floating and raising money for frauds, so screwing ordinary AIM investors. 

I do not claim to be an Angel but I do not regard pointing out the wickedness of this as being a terribly bad thing to do. But the Crony Capitalists who have grown rich on AIM, the Nomads, brokers, PRs and boards really do not like hearing this unpleasant truth. They actually think I am a bad guy for rocking the boat and as such wanting to beat me up is acceptable.

In 2014 the Crony capitalists have had a good year. Investors on the AIM Casino have had a shit year.  I explain why the system is flawed, why the City does not understand the anger we peasants feel and how we peasants ( ie investors) need to start taking concreate steps to make our anger known.

We have 50 free copies of Tom's Book "The 49 Golden Rules of Making Money from Shares" which covers these issues and others to give away today. For your copy fill in the form HERE

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2350 days ago

Tom Winnifrith's BearCast 4th December - Once again Angry Edition

Once again I am angry for reasons that I shall go into another time. But on that basis I let rip in this podcast at African Consolidated, Acta SPA, Quindell and then review the various clients of disgraced Daniel Stewart whose shares may be suspended soon: Valirx, Peer TV, Naibu (a cert), Pressfit and China Chaintek.I also discuss the abject failure of AIM in dealing with those individuals responsible for listing frauds.

We have 50 free copies of Tom's Book "The 49 Golden Rules of Making Money from Shares" which covers these issues and others to give away today. For your cooy fill in the form HERE

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2351 days ago

I want this company to float on the AIM casino – Snake Oil Limited

Okay the company is dormant. It does nothing at all. But at least it is honest about that fact unlike most companies on the Casino.

It has net assets of £1 (which is a lot more than many companies on the Casino if their accounts were not quite so bent). And the name…Snake Oil Ltd. Perfect. This company could pursue a buy and build strategy taking over so many companies on AIM and with its name it would be open about what it does.

Sadly I do not think it is floating but if Cenkos is looking for a new client to replace Quindell when it goes bust…

Nominations for who

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2352 days ago

Tom Winnifrith's BearCast 2nd December - New China AIM POS Revealed

Rain delayed play on the olive harvest but is now back underway again but without me for this afternoon as I have business to attend to in Kalamata and you, my dear listeners, to satisfy with the revelation of a NEW China AIM stock capitalised at £88 million which shouts out red flag. I also comment on Forbidden Technology, Tyratech and growth stocks that stumble, on Ortac Resources, Beacon Hill Resources and raise a few points about the fraud souffle that is Quindell

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2354 days ago

Weekly Video postcard #91 - The Peasants let The establishment have it & they dont like it up 'em

This week's video postcard looks at how the peasantry (you and me) are revolting using new media against the political and media bubble dwellers, the establishment. Matthew Parris does not like it but I loves it as you can see on the video.

Over on ShareProphets on the matter of oil stocks our writers are divided. Ben Turney sees the recent OPEC meeting as disastrous for AIM listed oil shares (HERE). On the other hand Chris Oil (HERE) and Paul Curtis (HERE) argue that the bad news is more than discounted and are buyers of the sector. I started my career as an oil analyst and so what do think? You can find out HERE

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2356 days ago

So the market is nearly back to all-time highs, everything is okay?

Hmmmm. Lots of low grade Aim stocks are flying, the FTSE 100 is nearly at all-time highs, there is a lot of rubbish being spouted about a Santa Rally coming early and I am stuck in Greece preparing to start the olive harvest tomorrow when I should be punting rubbish on AIM making a killing. Right? Wrong.

Clearly sentiment among investors has changed. Fear has been booted out of the building and greed has waddled back in. But is the world really a different place to where it was six weeks ago when Fear was ruling the roost? For me all the Black Swan potential events floated by market commentators as shares tumbled in October were peripheral issues. Sure Ebola could have caused problems if it broke out in Balham or Brooklyn. But that was not my real gripe with the bulls. I still think that one wild card – an ISIL atrocity in NY or London - could spook investors badly.

But my fundamental concern

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2356 days ago

EXCLUSIVE – Daniel Stewart loses Nomad License – death knell for it & the China Frauds

Daniel Stewart (DAN) is still listed on AIM - though its shares are suspended - but it clearly does not give a flying fuck about disclosure rules because it has yet to issue an RNS saying that it has lost its license to be a Nomad. So I will announce it on behalf of this POS enterprise. Peter Shea you can thank me later. The ramifications for the China frauds it represents are massive.

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2359 days ago

Tom Winnifrith's BearCast 12th November

I start with a couple of the less pleasant tweets and Bulletin Board posts of the day. Some folks really are sad mothers. I move on to IGAS and then to Proteome and Globo before having a detailed butchers at Gulfsands Petroleum (GPX) and its (lack of) cash position. I end with a discussion of investor rage at the state of AIM. This is 2002 all over again. What is driving it and is there a great healer other than time.

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2359 days ago

What would I do next if I was Rob Terry of Quindell?

Mr 2+2 can = 5 is my opponent. I seek to expose fraud on the AIM Casino. Rob Terry has engaged in wholesale fraud from the day Quindell (QPP) joined AIM via a RTO on April 28th 2011. Within weeks he was buying a worthless shell company from his lawyers Blake Lapthorne for £150,000 in order to inflate Quindell’s profits by hiding legal costs. And TMC Southern was selling shares gifted to it by Quindell in order to fund bogus purchases from Quindell which ended up being responsible for more than 100% of Quindell group profits in 2011. The frauds and lies have got bigger since but now the game is up as lies are exposed and the shares are tanking. So what is Rob thinking now?

Mr Terry knows that the game is almost over. At some stage within months the shares will be suspended or at 0p and Mr Terry will be “helping with enquiries” – it is just a matter of when as I explain graphically HERE.

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2378 days ago

BearCast Special on Quindell – Rob Terry’s stock is all being sold he is not a net buyer – Equity First Explained

You folks all think Rob Terry, Larry Moorse and Steve Scott are buying Quindell shares. WRONG! Their net positions are going down and going down fast. This is End Game. This is the rats getting out with what they can before the balloon goes up while you guys think they are buying. It is probably legal but this is not what it seems.

I have been approached by an AIM CEO and also by a fund manager both familiar with how this works and thanks to those men, who now walk down the avenue of the righteous, this is crystal clear. The MO of Equity First Holdings LLCand its background is not in doubt. I suggest a little bit of further reader for those in doubt:

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2381 days ago

Tom Winnifrith's BearCast 31st October

Equities are up. In this podcast, I discuss why but why this is not the start of a bull market. It is temporary coke and hookers time in the City and on Wall Street but only for a while. Next up I look at: Fitbug, ULS Technology & the failings of AIM, Arian Silver and other gold and silver producers, Coms and in detail following a chat with a former bull and insurance guru, Quindell.

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2385 days ago

Tom Winnifrith's BearCast 27th October - CEOs on AIM stealing money edition

In a wide ranging podcast today I start by revealing that I am trying to nail 3 former AIM CEOs who simply stole money from their company's. More on that later. I also cover Touchstone Gold, Synectics, Range Resources, Concha, Westminster Group and more.

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2385 days ago

The Northern Petroleum Rampathon, Proactive Investors and Crony Capitalism on AIM

The pre rescue bailout placing ramping exercise of Northern Petroleum (NOP) continues on Wednesday with a presentation somewhere in the Grim North organised by Proactive investors. A missive from Proactive sales bird Sophie Barrowman (pictured) last week tells you all you need to know about how the AIM Casino operates. Sophie gushes in semi-orgasmic tones:

We are very excited to announce our third company for next week's line-up, Northern Petroleum which we expect to significantly outperform over the next 12 months. The shares jumped almost 20% on Tuesday due to outstanding flow rates from a well drilled in Canada. The first of THREE new wells drilled at the Keg River project has tested at a rate of 1,300 barrels of oil per day. Northern has a market cap of just £15mln… it will rerate

Ends.

Where do I start?

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2394 days ago

Exclusive: Amanda Van Dyke to Float on AIM as Chairwoman

Mining guru, and chair of Women in Mining, Amanda van Dyke is to float a company of which she is Chairwoman on AIM, I can exclusively reveal.

The company is called Bluebird Mining Resources and I understand that it plans to raise at least £2 million ahead of a December IPO. The company is engaged in iron ore trading

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2406 days ago

Video: 11 Ways AIM Companies artificially boost profits to mislead investors

The final talk at the first ShareProphets seminar was by me and looked at 11 ways that AIM companies artificially boost profits to mislead investors. It featured Sefton (SER) and Quindell (QPP) heavily but other real life examples were given.  I thought that it wasa half decent presentation and the audience seemed to approve.,  To ensure that you get priority booking for future seminars (the next one on 13 October is now booked out but we will start taking bookings for 27 October  next week) with 4 talks at each plus free pizza and booze register HERE.

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2410 days ago

Friday Caption Contest – Daniel Stewart & Steamy Special

Daniel Stewart (DAN) earns its money advising companies (not all of them frauds) how to list and behave on AIM. It brought us Naibu (NBU) and Quenron (QPP). Two days ago its own shares were suspended on the AIM casino because the cash strapped firm could not publish its accounts on time – see HERE. In honour of this…

We bring you an old cartoon in honour of Daniel Stewart, and its employees who raised money for Naibu, China Chaintek and Quindell, with the original caption below.

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2416 days ago

Camkids Interims - an inexplicable dividend cut from a Chinese POS on the AIM Casino

Another day and another Chinese POS on the AIM casino has cut its cash dividend for reasons that one can only explain in one way. Today’s little shocker is Camkids (CAMK) a shoe producer from Fujian like Naibu (NBU) and those German listed Chinese frauds.

The statement has a new twist – a bit of blather about the shares have been hit by adverse comment in the Western press about Chinese stocks on AIM. Yes there have been dozens and dozens of fraudulent Chinese companies listed on AIM, Frankfurt, in NY and Canada and we dumb gwaelos of the Western investing public have had enough. What don’t you dumb mothers understand about that? I am sorry if you feel tarred with the same brush unfairly but heck that is the territory.

Anyhow Camkids says that it has a different business model to the others (I take it that it means to the frauds) which is jolly good news. So we can all believe its numbers right? Er…

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2417 days ago

Piers Linney of Outsourcery – Entrepreneur of the year? You’re ‘avin’ a bubble!

All business awards ceremonies are a load of cock where those obsessed with personal PR, lobby and self-promote and then slap themselves on the back. I shall be turning my fire on the AIM awards very shortly. But as it happens I think the Black business awards make a serious point, but this year they may well lose all credibility as Piers Linney of AIM casino disaster story Outsourcery (OUT) is up for a gong.

It is surely not a bad thing to make a section of society that economically underachieves (Afro Caribbean and African youth) realise that there are alternative role models than moron soccer players and other celebs. Being an entrepreneur is a good thing – it creates jobs and wealth. As such I have some sympathy with the objective of these awards. But Piers Linney, entrepreneur of the year?

I know he is on telly (Dragon’s Den) and I know he CLAIMS to be worth £100 million. But the hard facts are that – as exposed HERE – his business career has been one of a string of utter trainwrecks, creating no jobs – as almost every firm he established has closed down – and losing folks stacks of cash.

Outsourcery was floated on AIM in May 2013 since when it has sent almost £20 million to money heaven. It is

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2423 days ago

The London Stock Exchange fiddles while AIM Burns, top broker Andrew Monk weighs in

There is so much wrong with AIM. China frauds seem to list at will. Companies can lie without censure. Folks like Sean Nutley at Silverdell and Rob Terry at The Innovation Group (where is he now BTW?) just “get away with it. Investors have completely lost trust in the Casino. It is a joke. The LSE could change it simply by getting the hapless bunch of complete cretins at the AIM Regulation Team to enforce rules, to kick off piss poor Nomads who float crap (Daniel Stewart) and to publicly name and shame. But instead it tinkers with the rule book. Top broker Andrew Monk of VSA weighed in this morning with this comment: 

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2424 days ago

The sheer extent of Chinese stock fraud on the West revealed & how they do it

You think that the odd China fraud in Germany or the UK is just a case of a few bad apples? Think again. I bring you today an article from Chinafraud.blogspot.ca which lists all the frauds inflicted on American investor in recent years. And also details the nature of the scams. The list is incredibly long and demonstrates quite frankly that there is industrial scale fraud underway. No sane individual would own a single share in any Chinese company listed in AIM – read this and realise why.

Anyone investing in Chinese companies listed in North America & Europe is taking a big risk. Recent events have shown that the management of many of these Chinese companies are fraudsters with primary intention of duping the investors.

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2424 days ago

Naibu – a Damning Indictment of the failure of regulation on the AIM Casino

Shares in China fraud Naibu (NBU) bounced to 27p at the tail of the week. That is a dead cat bounce. This is a fraud and the shares are worth 0p. But the episode shows just why regulation on the AIM Casino is such a total joke.

On Thursday I showed you evidence from the Chinese press which was damning as to the integrity of Naibu CEO Houyan Lin – see HERE. On ANY other stockmarket in the Western world or on the HK Exchange Naibu would have been forced to put out a statement at once either saying “this is untrue” or “this is true.” If it was the latter Mr Lin would have broken AIM rules and either he or Naibu would have had to go.

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2424 days ago

The AIM Casino is a Cesspit Cesspit of Crooks and Crony Capitalists and is dying – I’m off to meet real snakes before I vomit

Yesterday evening I was doing a bit of frigana chopping at the Greek Hovel and I heard a rustling in the bush I was approaching. I know enough by now to realise what was making the noise and beat a hasty retreat. But the stench of corruption on AIM tells me where the real snakes operate. It is a cesspit for crooks and crony capitalists who systematically transfer wealth from the many (mug investors) to the few (themselves). I have had enough of this for one day and am heading back to the fields to face real snakes. They are less loathsome. There is a solution but the London Stock Exchange does nothing. It is guilty of abetting financial crime by its inaction.

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2424 days ago

China Fraud & Zedex follow up – Asia Distribution, a blatant Norfolk that AIM was happy with

I noted in my earlier article HERE how Zedex Capital is involved in listing a stack of shit companies or indeed outright frauds on AIM. That is why anyone holding shares in Naibu, Camkids, China Chaintek, Asian Citrus and Asia Ceramics which are all, pro tem, listed on the Casino should sell now. If you doubt me here is another warning: Asia Distribution, what happened next.

The pattern is that the Chinese company floats, raises cash from gullible Gwaelos in London, Chinese investors sell in the aftermarket and then, to cover up the fraud, the POS on AIM agrees to a takeover at a price which sees all UK Investors lose money. But you ask what happens next once AIM investors are not looking any more? Asia Distribution agreed to a 52p a share bid to end its AIM charade. Here is the 2011 Regulatory filing from the acquiring company. Weep.

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2424 days ago

SHOCKING EXCLUSIVE: The China scam pipeline: Naibu, Camkids, China ChainTek and Zedex Capital

I think that it is now 100% clear that Naibu (NBU) is a fraud. It is only a matter of time before it goes to 0p or is booted off the AIM Casino. But where did it come from and is it unique? Meet Zedex Capital. What follows will shock you. It says so much about how corrupt AIM and the City advisors working on it have become. It is a scandal.

Zedex is not regulated by the FCA but acts in London and says of itself:

Zedex Capital is dedicated to bringing quality Chinese companies to the London Stock Exchange, in particular the Alternative Investment Market (AIM). Our core business is grooming high-growth and sufficient-size Chinese companies to ensure that their business strategy, financial soundness, and corporate governance are adequate for an Initial Public Offering (IPO), so that the transaction can be executed smoothly and swiftly once all professional advisers are on board.

In return for this grooming of pert young companies

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2431 days ago

The Naibu fraud – two critical questions and tests of integrity for Daniel Stewart as the stock heads to 0p and/or a delisting

Apparently at 31p shares in Naibu now trade on a 2015 and 2015 PE of c0.7. Any stock trading on such a rating is either the cheapest stock on this planet or an outright fraud, a Norfolk. Naibu is a fraud. My target price is 0p and this stock will lose its Aim listing soon. It could be very soon. If Daniel Stewart, nomad and broker to this POS – and the firm that listed Quenron – had any integrity it would resign at once as Nomad and broker. As such I ask two questions of Daniel Cesspit.

  1. My old friend Simon “Wincey” Willis is the analyst covering Naibu.
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2439 days ago

10 ways that AIM Companies fool investors by reporting “fake” profits

Only 10 ways you say? Perhaps I should expand the list to 12 or fifteen and maybe I shall do so! But anyone following AIM must by now be aware that companies are routinely reporting profits that are not real profits in order to push the share price up ahead of the next placing.

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2439 days ago

Why does Tom Winnifrith not work for a proper newspaper rather than just blogging?

Bon, A Quindell (QPP) owning Moron, asks on this website why “If Tom Winnifrith is such a brilliant investigative journalist does he not work for a top newspaper, he is just a blogger” It is a very fair question and has a several part answer.

I start by saying that I have served my time in the mainstream press: Evening Standard, Agence France Extel and Investors Chronicle staff, freelance contributor at Mail on Sunday etc., etc. But that was then and this is now.

The first reason not to go back is that no paper would hire me. My style is to use words that are “un-paper like” such as moron, and “sucking PR cock”. Moreover newspapers – as you may have noticed – are not into investigative journalism in the way that I practice it. For their (largely failing) business models it does not make sense to pick away day by day at fraudulent companies as I do. How many frauds on AIM has the deadwood press exposed in the past year? Er

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2441 days ago

Patagonia’s Marc Sale – Ben Turney is wrong: he should never sit on an AIM board again

Ben Turney has just argued HERE that Marc Sale, the former Technical Director of Patagonia Gold (PGD) - who quit yesterday 24 hours after admitting to 17 undeclared share transactions- should be reappointed to the board. Ben, you are a tolerant and forgiving, nice guy but you could not be more wrong.

Ok Mr Sale has lost money on his trades. Ok the scale is relatively small. But that is not the point. AIM Rule 17 states that all director share trades must be announced and Sale broke that rule. You do not need to be The Sheriff of AIM to know that this is a hanging offence.

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2458 days ago

Death to the bucket shops –now private investors can do the discounted placings themselves: AIM Revolution starts TODAY!

A revolution on AIM starts today. The days when small AIM stocks could only raise money at a huge discount with private investors excluded and screwed are now over thanks to a new platform PrimaryBid.com which is going live right now – this will screw lazy City corporate brokers and – hopefully – put the bucket shops to the sword by allowing private investors to directly offer funding to AIM stocks. Let me explain, this is revolutionary and brilliant

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2458 days ago

Jim Slater’s Two AIM share tips

Jim Slater, father of UK Investor Show speaker Mark, is the controversial fellow who created the PEG (Price Earnings Growth) method of investment analysis. Using PEG analysis e has today served up two AIM listed stocks he reckons as buys in today’s Daily Telegraph. One of the, as it happens, is a stock Steve Moore and I have tipped on our Nifty Fifty website.

In the article today Slater outlines his investing criteria today. He is a shrewd old cookie and I am not arguing. Slater lists his check list as follows:

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2458 days ago

Piers Linney and Outsourcery refinances but dissembles – sell this POS now

Outsourcery (OUT), the POS AIM stock run by serial business failure Piers Linney of Dragon’s Den infamy has announced a refinancing package to stave off bankruptcy. Well at least to postpone it. But the level of dissembling defies belief. Truly Piers if you told me that 2+2 = 4 I’d ask for independent verification. 

The headline reads:

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2464 days ago

Which David Lenigas stock do our readers think will gain the most this week?

At the weekend we asked readers which of the eight stocks where AIM marmite figure David Lenigas runs the show is likely to gain most this week. The start price for the shares was the Friday closing mid-price. We also gave a ninth option – that the FTSE 100 would outperform the lot. And so our readers said:

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2464 days ago

Why Companies are able to lie on AIM – the Failing Nomad System

The way that the AIM Casino is set up is based on one great enormous conflict of interest and that is why companies can and do tell lies to investors – that is the Nomad (Nominated Advisor) system.

A company must, under AIM rules, have a Nomad. If its Nomad quits the shares are suspended. If no replacement Nomad is found within a month the stock is booted off the Cesspit for good. The Nomad must verify every statement that is put out by a company and ensure that it complies with the rules. As such it is the Nomad who is at the front line of regulation and it works FOR the LSE.

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2464 days ago

Regency Mines boss Andrew Bell on video - make your own mind up

Andrew Bell of Regency Mines (RGM) is clearly a bit of an AIM Marmite figue. Are his critics right? Since this video Regency has got itself involved in Horse Hill where we might just see spudding next week. Anyhow listen to Bell speaking at the UK Investor Show and judge for yourself

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2467 days ago

Which David Lenigas stock to back next week – reader poll

David Lenigas is a Marmite figure and larger than life character on AIM. He is involved in a stack of companies so which will do best next week for its investors …and we include an option for the bears as well. Voting closes midnight on Sunday.

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2467 days ago

The ethics of Rob Terry at Quindell – let’s go back to 2011 and also to his old pal Mark Ford

If you are a bull of Quindell (QPP) then that must largely be because you trust its founder, Mr 2+2 can = 5 Rob Terry. After all almost 40% of the revenue Quindell books this year will be accrued (i.e. not even invoiced but just based on what Rob Terry thinks will come in). He has bought businesses for massive prices from old friends based on what they might do (Himex and of course Brand Extension as exposed HERE yesterday).  So you trust Rob Terry.

Ok, The Innovation Group crashed as did his prior venture but you reckon he has learned his lessons and THIS time he is playing it differently. I happen to disagree. Right from the launch of Quindell onto AIM in 2011 via an RTO the then Country Club business engaged in business practices which were simply not sustainable and which – to any impartial observer – scream out Red Flag ahoy!

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2473 days ago

Andrew Bell of Red Rock Resources - is he delivering: watch the video and decide

Along with David Lenigas, Andrew Bell of Red Rock Resources (RRR) is one of the true marmite characters of AIM. In a sector that has been a nightmare for three years Red Rock has survived but is he delivering for shareholders?  And can he deliver more? Watch this video from UK Investor Show and decide for yourself. 

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2479 days ago

Dragon’s Den Star Piers Linney – A career of business failure revealed and the sham projection of his Outsourcery flotation

There is a new star on Dragon’s Den, Piers Linney. Yesterday I revealed HERE how his Outsourcery (OUT) firm on AIM is in very real danger of going tits up just 14 months after listing. But Piers is no stranger to business failure. The BBC thinks he is a Dragon with the Midas touch. Au contraire. Today I reveal the full extent of his career of business trainwrecks and the sham projections of the Outsourcery IPO.

Here is what the BBC says about Piers:

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2479 days ago

Invest in us we are ethical – just another AIM Con

Malcolm Stacey is a very good man. He is an ethical operator in every way. But when looking at the nest of snakes that is AIM that is not perhaps the greatest attribute an investor can have. The Vipers lure you with a line about ethical investing but 99% of the time it is just so much cock.

And so Malcolm today explains why he has invested in a cancer cure company – HERE. A commentator (Mr Wildes) says “quite right switch out of tobacco stocks into ethical stocks” I disagree.

The reality is that when you are buying or selling shares on the secondary market you are not providing fresh capital for a company so you are not funding the development of a cancer cure or of a new brand of cigarette. You are not assisting these projects in any way at all.

As such your only ethical duty as regards your investments is to make as much money as possible. If 

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2489 days ago

Bango is your record the most shocking on AIM and when is the cash call?

Does Bango (BGO) deserve some sort of award for its record for not making profits? The company was established in 1999, floated on the AIM Cesspit in 2005 and is still not actually making a profit? To date investors have lapped up its jam tomorrow story of enabling folks to make payments via apps, etc. and circa £25 million has gone to money heaven. But surely as yet another cash call looms this farce cannot pay on forever?

The circa £25 million number comes from retained losses plus capitalised costs. Yes, like all loss making tech plays Bango is a keen capitaliser of costs. The P&L looks less abject but the cash is still heading out of the door.

At the end of 2013

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2495 days ago

Invest just £5 TODAY to get access to a scorching share tip, no make that FIVE tips on Tuesday

Let’s not mess about. You want a hot share tip on Tuesday? In fact how do you fancy five stock tips on Tuesday? For just £5. Or less. Read on…

So what are we planning? First up we will be publishing a hot new share tip.. This is a stock where there is going to be cracking newsflow over the next couple of months? A stock you can trade and which we expect to gain 50% or more during the summer? We believe that we have found that stock for you.

And we will publish that hot tip on Tuesday 15th July and

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2505 days ago

Poor Phorm – Tell us the TRUTH about the scale back in Brazil before I go nuts

I pointed out on Friday that Phorm (PHRM), having raised £10 million in late March, is now within six weeks of going tits up unless it can find some more folks prepared to piss their hard earned cash up against the wall. Phorm promises potential new investors a bright new future but perhaps such folks might want to look at the past first.

Phorm’s problem – other than its monumental cash burn -  has always been that whenever its technology gains any traction at all ( and it is not usually that much) those damn pesky kids at the Scooby Regulators come in and bleat on about personal privacy and other such matters and it has to shut up shop. That was its fate in the UK, the US and indeed it is now unable to do business in the EU.

Right now it claims to be making progress (if not much cash) in China and Turkey but it may only be a matter of time before history repeats itself. If you want a clue on that have a look at what was the great hope in 2012…Brazil.

Indeed if you read the company’s website you might still think that Brazil is still important.

With offices in Singapore, London, Istanbul, Bucharest and São Paulo, Phorm (AIM: PHRM) is a Singapore incorporated company, publicly listed on the London Stock Exchange's AIM since 2004.

Phorm is active globally: while we are a UK listed (AIM) company, we are active as far afield as Brazil, Turkey and Romania. 

Er 

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2508 days ago