1357 days ago
Anyone who checked out the track record of the once self-styled “King of Socks” Count Andrea Cattaneo della Volta, would never have invested in Zenith Energy (ZEN). This is a man who trousered vast sums from Pex, a Leicester sock maker, before shutting up shop in the UK leaving workers owed huge unpaid wages. Last week I published a letter appearing to show that Zenith had lost its main asset, the Tilapia field in the Republic of Congo. Today, a bombshell…..
1357 days ago
On Thursday, I published a letter, now confirmed as genuine, from the Government of the Republic of Congo saying that Zenith Energy (ZEN) had lost its sole asset, Tilapia on June 4, something it failed to disclose to investors as it secured more funding. Still, Zenith and its newly appointed adviser, Allenby Capital, have failed to address this. Instead, we have a statement on a Cheryl Cole type deal. Let me explain.
1357 days ago
The last time i had an article to write on Zenith Energy (ZEN) I made the mistake of contacting the company via a PR and was bullied and harassed as a result. So this time as I receive, via Winnileaks, a document which appears to show that it lost its only real asset, Tilapia in the Republic of the Congo, on June 4th, I just publish it in full. I have asked my daughter Olaf to translate it for me which – through her usual hangover – she did over the phone and it reads appallingly for Zenith. It looks kosher to me so there are only three scenarios here:
