64 days ago
A taxi arrives at 4 AM tomorrow as I head to Greece for olive picking. So there may not be a bearcast on Sunday but I might do one if I can. Today I look at FD’s resigning and Nightcap (NGHT) in particular as a whistleblower has been in touch. I explain why it may well go bust soon.
81 days ago
Using this as an excuse to resign a day before the next bogus results really is wretched. As One of my oldest Jewish friends would say: Amir Ayalon, is “the sort of Jew who gives we Jews a bad name.” Hells teeth, the man only became CFO on October 2! And now he’s gone!
96 days ago
The curse of AIM’s worst FD, Nilesh Jagatia strikes again. Limitless Earth (LME) has published its interim results for the six-months ended 31 July 2023 which showed a loss of £110,337. Net assets increased marginally as Limitless raised a net £151,900 via a placing, to £1,133,198 which more than offset loss for the period. The punters who paid 5p in the July 2023 placing can’t be happy with the current bid price of 2p. But anyone investing in a Nilesh company is obviously a financial masochist.
2890 days ago
Earlier today we flagged up a planned rampfest investor evening organised by jam tomorrow and hot air producer Inspirit Energy (INSP) which - according to the original RNS - featured an array of attractions including Zak Mir - who was laughably described as the UK's favourite technical analyst, which Nomad signed off on that crap? - and a chance to quiz FD Nilesh Jagatia. Oh goodie goodie thought a number of folk from the Teather (TEA) shareholder action group who would like to ask Nilesh about how he has trainwrecked their company and if he condones blackmail?
3217 days ago
Earlier today I cited the case of AIT and its FD Gareth Bailey as a reason why disgraced Laurence Moorse the ex FD of the fraud Quindell should rat on Rob Terry and plea bargain. I now bring to the attention of poor Larry, the case of Mark Woodbridge the ex FD of fraud Torex Retail.
