3289 days ago
I have already demonstrated how believers in Johnny Hon’s China pyramid scheme Gatewang are being duped into buying shares in AIM scam Gate Ventures HERE. Sleazy Tory MP Tony Baldry is a non-exec at Gatewang and happily hands out bogus Knighthoods to its execs at House of Commons receptions he arranges (see HERE). But now I show how Hon tries to create the impression that Gatewang is endorsed by the Royal family but by someone even more impressive, Fergie. Not the toe sucker but the football legend.
3293 days ago
Just when you thought that the AIM casino could not plunge to new depths I now bring you a full expose of the biggest fraud of the year, Gate Ventures (GATE). It involves a series of characters all of whom have been involved in AIM listed frauds before. Shares in Gate must be suspended at once pending a full stewards.
Gate Ventures was admitted to the AIM Casino on 10th March this year with the issue of 32,420,0000 shares at 10p. The Nomad is Roland “fatty” Cornish of Beaumont Cornish – a company with “form” when it comes to dodgy IPOs, see New World Oil & Gas. The admission document discloses 10 Shareholders of above 3%. All were set up recently as special purpose vehicles whose sole asset was a holding of 2,835,000 shares in the company or 8.74% each. That percentage has since been reduced to 8.65% as a result of Beaumont Cornish exercising options over 348,515 shares in the company, wholly contrary to a one year lock in agreement disclosed in the Admission document.
Subsequent
