2070 days ago
Almost out of cash, Andalas Energy (ADL) is gearing up for a bucket shop placing c/o joint bucket shop brokers Novum Securities & Optiva in the usual way: a ramptastic podcast with PR genius Steffi, 2 ramptastic RNS announcements and a ramptastic paid for podcast with Vox. The trouble is that its claims have now been directly contradicted by its partner in the North Sea Badger field, Atlantic Petroleum (see HERE). If it turns out that Andalas was making unverifiable fantasy claims, as it appears, and raises money at an artificial price on the back of that, this would be a clear case of Securities fraud. In order to stop that the shares must be suspended at once pending a statement. I have written to the fake Sheriff of AIM, Marcus Stuttard at AIM Regulation as you can see below.
2071 days ago
I have already flagged up comments by those close to Atlantic Petroleum, which showed that in a desperate attempt to ramp its shares ahead of yet another bailout placing, Andalas (ADL) was over-egging the Badger Pudding. Now Atlantic has gone on the record in a way that exposes Andalas big time and surely Nomad Beaumont Cornish must now force Andalas to issue a correction and stop its misleading pre-placing ramping?
