Cirata

7 days ago

Cirata dismal trading update: surely £430,000 a year CEO Stephen Kelly must be fired

The FCA has confirmed that it is looking into my expose HERE of aggressive accounting at Cirata (CRTA) but more importantly as to whether its CEO Stephen Kelly sat on bad news before its placing on June 29 as described HERE. Now Kelly has served up a diabolical Q3 trading statement and as Cirata faces a cash crisis by Easter surely his position is untenable.

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23 days ago

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

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

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23 days ago

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

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

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25 days ago

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

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

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25 days ago

EXPOSE: Cirata and its reported revenues and accrued income estimates

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

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30 days ago

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

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

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36 days ago

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

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

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36 days ago

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

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

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36 days ago

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

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

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37 days ago

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

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

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91 days ago

Tom Winnifrith Bearcast: 4 more dogs in a financial hole

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

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119 days ago

Tom Winnifrith Bearcast No 1: a reader says I must be psychic, I knew someone would say that!

I discuss the after hours heavily discounted and dilutive placings from Defence Holdings (ALRT) and Cirata (CRTA). Readers cannot say that they were not warned. The RNS's are almost word for word what was predicted by old TW.

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128 days ago

Cirata: a shareholder writes demanding chair and CEO be axed

I am a – wholly vindicated – perma bear of Cirata (CRTA), formerly the Wandisco unicorn fraud. The obscene pay of CEO Stephen Kelly and disgusting way funds in a loss making company are used for things like sponsoring his daughter’s hockey team, the repeatedly missed targets and ongoing cash burn maker the shares uninvestable. Now it seems that some of the peasants who have ignored my repeated sell advice are seeing the light and are revolting. One such shareholder has written to the company and his missive has found its way to me via Winnileaks. Enjoy.

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192 days ago

Cirata trading statement – more slight of hand vicar?

Cirata (CRTA) formerly the Wandisdco unicorn fraud has served up a Q1 trading statement  which leads with the claim “ Q1FY26 cash flow positive -the first positive cash flow quarter in its reporting history.“ Well if you say so vicar.

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200 days ago

Tom Winnifrith Bearcast: A Thought on Kefi, many thoughts on Cirata

Greetings from a very cold Greek Hovel. I offer a thought on Kefi Gold & Copper (KEFI) and lots of thoughts on Cirata (CRTA), a cxompany founded by a man who thunks its okay to profit from a criminal conspiracy.

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219 days ago

Jolly hockey sticks at Cirata – is there yet another warning on the way?

I have only ever been bearish about Cirata (CRTA) formerly the Wandisco fraud. But on 14 January this posterboy for the AIM Casino. whose shares were once well above ten quid, suggested that it was turning the corner. Is that really the case?

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340 days ago

Tom Winnifrith Bearcast No 2: Getting mansplained to as to why its all different this time

I start with more NHS fun and games: can any Shipman listening explain why I must wait 4 weeks for a 5 minute blood test. Then a chap mansplains to me at Jaya's birthday party. Then it is Optibiotix (OPTI), World Chess (CHSS), Cirata (CRTA) and Quantum Energy Data (MAST).

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351 days ago

Tom Winnifrith Bearcast No 1: it is so easy to quit New York or the UK and pay less tax and the list of reasons why Stephen Kelly is a Cirata red flag

I start with tax. Those celebrating Zohram Mamdani in New York or Rachel from accounts in the UK need to appreciate just how easy it is to move somewhere warmer and also save a packet on tax. I reckon the Mrs and I would pay a blended 7% tax in Greece, possibly just 5%. Then onto Cirata (CRTA) and the follow up from this morning's scoop about its CEO and the women's hockey team and why the shares are so utterly uninvestable.

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351 days ago

EXPOSE: Cirata boss Stephen Kelly and the Barnes women’s hockey team scandal

Cash guzzling Cirata (CRTA), formerly the Wandisco fraud, will almost certainly run out of cash in the first half of 2026. Yet another bailout placing is a nailed on cert. Just last week it let another bunch of senior engineering staff go in Sheffield and Belfast as it aims to reduce the cashburn. But that operational cashburn in the last reported quarter was approaching $1 million a month. In that vein, the tale of the Barnes Women’s hockey team appears shocking

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372 days ago

Tom Winnifrith Bearcast No 1: Cirata founder's departure and dire trading statement, everything stinks

I am quite angry with the PR shitheads for Cirata (CRTA). Today I discuss how the brains behind the company seems to have left the building and a trading statement which is misleading and screams cash crisis and placing ahoy! Drowning in red flags this is a bargepole stock.

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374 days ago

DYNAMITE: Cirata, a whistleblower writes

I am convinced that Cirata (CRTA), formally Wandisco, will again run out of money and so the next placing is a when not an if. I am also less than convinced that its tech offering has any real commercial traction. A former employer has been in touch regarding recent RNS’s and wants to blow the whistle. Winnileaks is here to help. The employee writes:

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465 days ago

Tom Winnifrith Bearcast No 2: is w*nker a rude word in America? asking for a Satsuma owning moron

I start with Greek news (good) and then agreeing with Brian Basham, champagne socialist of the year 2002-25, on the latest madness of Rachael from Customer Services on mortgages and cash ISAs. Then Ariana (AAU), Satsuma (SATS), Cirata (CRTA) and Sosandar (SOS)

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465 days ago

Tom Winnifrith Bearcast No 1: Business & Pleasure, Cirata and Probiotix

I start wth a planned torment for me here in Greece. then I discuss trading statements from Cirata (CRTA) and Probiotix (PBX) and, in conjunction with the former, the UK's corrupt honours system.

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571 days ago

Tom Winnifrith Bearcast: If only there'd been a technical analyst on board to warn folks about a 95% share price collapse

That silly woman from Shares Magazine probably thinks it is racist to make that Zak Mir/Lift Global Ventures (LFT) joke again but it is good enough as the shares plunge to a new low to make it yet again. But seriously folks, I ten turn to Marechale Capital (MAC), the upper class twit of the year 2012-24 and Weardale Lithium, Ariana (AAU),.First Class Metals (FCM), Cirata (CRTA) and Aston Martin (AML)(, both of which are still shorts. I also look at gold stocks as gold hits a new high of $3,123 oz.

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655 days ago

Tom Winnifrith bearcast: the most overvalued share in London jumps 100%, where is the FCA?

I start with Sammy the snowman, pictures later. the it is on to Optibiotix (OPTI), Tiger Royalties (TIR), Cirata (CRYA) and Sealand Capital Galaxy (SCGL).
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655 days ago

Tom Winnifrith Bonus Bearcast Part 2 - Cirata going forward

I covered the grim backstory of Cirata (CRTA), Wandisco (WAND), the $1 billion fraud, in part 1, now for where things stand with the shares at just 22p. Is it time to bottom fish? I explain why it is not..
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655 days ago

Tom Winnifrith Bonus Bearcast part 1: Wandisco and Intelliam, the Dave Richards MBE scandal

In part 2 I shall look at where Wandisco (WAND) now Cirata (CRTA) is today. In this part I look at the lessons patently not learned from this $1 billion Unicorn fraud and at Richard's new listed company, IntelliAM (INT).
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676 days ago

Cirata: told y’all, yet another warning it is

It tried to sugar the pill with news of a $2 million live data migration (LDM) project with a US bank which starts on 31 December. Really, will there be that much wo9rk done on New Year’s Eve? I wonder how the auditors will treat that revenue in terms of recognition? But then the bad news…

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677 days ago

Cirata: this really does not wash, yet another red flag!

Following on from the recent trading non update, a monster red flag, Cirata (CRTA), formerly the Wandisco (WAND) fraud, has hoisted another one. This really is starting to look like May Day in Moscow.

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683 days ago

Cirata: now it really is taking the piss

A statement today from Cirata (CRTA) really does take the piss and is an open invitation to sell or go short.

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684 days ago

Cirata – surely a trading statement warranted?

https://shareprophets.com/views/77848/cirata-surely-a-trading-statement-warranted

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703 days ago

Tom Winnifrith Bearcast: Jeremy Clarkson bloody well should pay full IHT

I start with the snow and lazy teachers hence the delayed bearcast, then to farmers and IHT where my views are maybe not as you might expect. Then it is onto Cirata (CRTA), UK Oil & Gas (UKOG) and to BSF Enterprise (BSFA)
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