EIS

25 days ago

Technology Minerals – Letter to PKF Littlejohn

I have written to Joseph Archer the bean counter at PKF Littlejohn who signed oiff on the June 30 2023 accounts from Recyclus Limited about the missing and way overdue accounts for last year. Recyclus owes Technology Minerals (TM1) £9 million and is 48% owned by Technology. I suggest that both companies are technically insolvent and with Recyclus trying to do an EIS fund raise, Archer should be alerting investors.

25 days ago

EXPOSE: Serial penny share fraudster Ron Bauer convicted again in US but still operating in UK: will the FCA finally act?

Leopards do not change their spots and last week, London based Ron Bauer was yet again convicted of penny share fraud in the US Courts as you can see below. He was sentenced to 20 months in the slammer and forced to hand over $4,377,228.74. The chances of the UK Regulator putting him or known associate Adrian Beeston, the financial backer of Zak Mir, out of business? Zero.

36 days ago

Technology Minerals: when will it ‘fess that Recyclus is in the merde and call in the administrators?

Fraudster Chris Cleverly historically associated Technology Minerals (TM1) is running on vapours and guzzling cash. Its only asset is a 48% stake in Recyclus and the c£9 million it has leant to Recyclus which itself its also guzzling cash and technically insolvent. But when will Technology ‘fess to two major issues.

60 days ago

Technology Minerals: More confetti, no prospectus, no news on Recyclus EIS or its overdue annual report – - just let the dog be shot

Why cannot the FCA force Technology Minerals (TM1) to ‘fess up to the awful truth, suspend the shares, call in the administrators and put this dog out of its misery? Instead, at all levels, the farce goes on.

113 days ago

Critical Metals shares collapse again, Technology Minerals lock-in expires today

It seems that for most folks the lockins on shares in the technically insolvent Nasdaq SPAC, created by A Wanke, Critical Metals (Nasdaq: CRML) expired yesterday. For second class citizens Technology (TM1), today is the day that it can start selling and as it is running on vapours it needs to sell.

1284 days ago

Tom Winnifrith Photo Bearcast: How green is my valley?

Two photos with today’s bearcast from either side of my front veranda here at the Greek Hovel. as you shivver back in Airstrip One I sit here in a T-shirt. And you will be amazed how green, almost Alpine, it is. But at least you didn’t spend the morning clearing up dead rats. The podcast covers life in Greece and then a suggestion that all EIS and VCT schemes should be wound up and consigned to the dustbin of history.

1469 days ago

Have you lost Money on the Appbox Media and One True View £35m cons - contacting the FCA as new facebook group goes live

The first time I contacted the FCA about these two boiler room scams was in November 2019. Natch the woke dullards were too busy jerking off on ESG porn to do anything and now about £35 million has been stolen. My coverage has been extensive as you can see HERE. But now it really is time that the FCA did something and put these frauds to the sword if only so that those who invested under EIS can get some of their cash back.

2405 days ago

Stockomendation EIS opportunity crowdfund via Seedr

Our friends at Stockomendation have launched a Crowd Funding Campaign to help grow their business in the UK and into new markets. I like Stockomendation and think the management team, though boorishly Welsh, are strong, committed and have a business model that is interesting. Compared to some of the crap that is Crowdfunded this is bluechip and it has already raised most of its £350,000 target.

2801 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.

3481 days ago

Steam Oil Production Co presents at Gold & Bears - November 28 2015

This is ShareProphets writer and head honcho of the Steam Oil Company, Steve Brown presenting at Gold & Bears. Steve is currently doing an EIS fund-raising for his company and my Mrs is in. To read more about Steam Oil and details of the fundraise go HERE. Meanwhile enjoy the video.

3765 days ago

The ShareProphets Guide to EIS – a taster

For higher rate taxpayers EIS investment can be incredibly attractive given the huge tax breaks it offers. But it is also a potential minefield. ShareProphets has a free guide to EIS which you can obtain by downloading the form HERE.  But as a taster…

4081 days ago

A Money Making Idea based on Cats & my nervous Mrs - Luxurycathotel.com Ltd

The Mrs booked our two cats, Tara and Oakley, into what seemed like a nice cat hostel before we left. We were told about how they would share a chalet and be well looked after and it would cost £15 a day. I shall not name the hostelry but suffice to say that they neglected to mention that it was VAT on top and then compulsory insurance (60p per day per cat) and then VAT on that. Oh and they charge for the day of drop off and the day of collection as well. 

For providing a basic cell and 2 bowls of food a day per cat this is money for old rope. Okay the concentration camp has now had to take two calls in six days from the Mrs worrying if her “puddings” are alright. The Gauleiter says that they are and braces herself for another call next week.

But this makes me think that there is a great business opportunity out there. The most shared images on twitter and facebook are …cats. So how about this as a business plan?

I set up a cat hotel which offers not the thin prison blankets that poor Tara and Oakley were provided with before the Mrs intervened (the darlings are used to a duvet after all) but luxury rugs. We offer twice the space of a conventional hotel and all day heating not just at night-time. And we also fix a webcam in each luxury en-suite facility. And then we stream the pictures

4092 days ago

This year’s EIS Investment is….Chateau Civrac

For various reasons it will be my wife not me making an EIS investment for this year and we will be going for a private company which offers the usual tax breaks, a credible possibility of a tax free capital gain and also a bit of fun. My record of backing wine companies to date is 100% (Chapel Down) and here’s hoping it stays that way with Chateau Civrac.