HAMA

41 days ago

BREAKING EXPOSE: Hamak Strategy – self styled "superwoman" Nicola Horlick’s failing Money & Co business

The quality of the Board of Directors is always a crucial factor in a company’s performance which brings me to Nicola Horlick who is the Non-Executive Chair of Hamak Startegy (HAMA).   In her profile on Hamak she egotistically describes herself as “one of the most respected figures in the UK investment industry, widely recognised as the “City superwoman” for her pioneering leadership and innovation in fund management.”  The profile also highlights her role at “Money&Co., a fintech platform connecting investors with SME borrowers, where she continues to serve as CEO”.

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46 days ago

Tom Winnifrith Bearcast No2: you are just pointless says Simon Botfield

I sometimes think he's right and that I should really be out there planting some radishes among my chilli plants which are now flourishing. But then again I discuss my interactions with the FRC over Skinbiotherapeutics  (SBTX) as the NEW DIRECTORS and the company's PR hags defended Stuart Ashman defaming me and in light of what was announced today how that makes me feel. That takes me onto Botfield and THG (THG). I then look at Audioboom (BOOM) and our own PL and Gary Newman and their woes for disagreeing with clueless old TW. I look at Marechale (MAC), suggesting the hype is excessive, BSF Enterprise (BSFA) where the FCA really must act and the woes at Hamak Strategy (HAMA). I look at gold and my gold shares and am not panicking. Finally with just 12 tickets left I hope you will book a Sharestock seat today HERE

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50 days ago

Hamak Strategy: what is your net cash position? The failure to be transparent makes your shares uninvestable

Hamak Strategy (HAMA), the bitcoin in treasury cum gold bullion in treasury cum investing in other failing bitcoin in treasury companies cum gold exploration shitco chaired by Bernie Madoff cheerleader and self styled superwoman Nicola Horlick has announced more gold drilling results. But that is not the elephant in the room. That is cash. Or rather the lack of it.

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51 days ago

Tom Winnifrith Bearcast No 2: Steve Dattels is back and what it says about the imploded bitcoin in treasury bubble

My focus is about the recent events at Vaultz Capital (V3TL). Its PR needs her bottom spanking for a non disclosure which would help with analysing the shares. I explain who Steve Dattels is and what his investment says about the sector and valuations. I mention en passant London Bitcoin Company (BTC), Stack BTC (STAK), The Smarter Web Company (SWC), Satsuma (SATS) and Hamak Strategy (HAMA).

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66 days ago

Dave Lenigas X Rant against my NBF Andrew Webley

Mr Webley, the boss of Smarter Web Company (SWC) is organizing an event on May 29 in Bristol the Bitcoin Treasuries Unconference as you can see HERE. But it seems that not everybody is NOT invited to the ball…

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74 days ago

Tom Winnifrith Bearcast: TW's views don't count Mr Market is right says a reader

The reader is half right. I discuss perfect markers in relation to Wildcat Gold (WCAT), and Kefi Gold & Copper (KEFI). I then look at Hamak Strategy (HAMA) and Blackbird (BIRD).

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77 days ago

Tom Winnifrith Bearcast: 4 death spirals compared and the UK political doom loop

I start on expectations management and what the (bad) result will be for you, me and UK PLC of Labour's mailing yesterday. Then four death spirals considered: Hamak Strategy (HAMA), Trellus (TRLS), Altona (REE) and Georgina Energy (GEX) and the various pickles that will result.

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101 days ago

Kwasi Kwarteng’s Nigel Farage bitcoin spoof signs up for an ATM death spiral – more share price punishment ahoy

Oh dear. Oh dear. As if the Farage groupies who paid 18p, 6 times then NAV, for shares in Stack BTC (STAK) have not suffered enough, the company has now taken out an ATM death spiral facility of up to 5 million quid with its bucket shop broker AlbR Securities. We’ve seen this movie before and know how it ends

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109 days ago

Hamak Strategy and Evil Knievil’s Rule

With an aggressive ATM death spiral in place Hamak Strategy (HAMA) is a stock for financial masochists only. Its shares are now 0.725p which means the market cap is down to £3.34 million. Since more than £260,000 of shares must be dumped each month under the ATM death spiral by broker AlbR that is a vicious rolling maul against the share price.

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111 days ago

BREAKING: Something Rotten in the State of Denmark? Superwoman Nicola Horlick blows up ten million quid!

Perhaps the self styed “superwoman” Nicola Horlick has been distracted by the car crash she is presiding over at Hamak Strategy (HAMA) about which I have warned so often. While investors are 88% down from peak Superwoman-mania there, elsewhere things look even worse.

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113 days ago

Tom Winnifrith Bearcast: Not a good day I feel I need cheering up so Im going to Greece (I hope)

I discuss why I feel pretty disillusioned at the start and Greek plans at the end. In between it's Victoria (VCP), scandal at Active Energy (AEG), a bet I'll make that today's news from BSF Enterprise (BSFA) is misleading, Nativo (NTVO), Georgina Energy (GEX)  and Hamak Strategy (HAMA). I look back at Canadian Overseas (COPL) with a warning for Hamak and Georgina investors.

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128 days ago

Tom Winnifrith Bearcast: Nonsense, built on frigging nonsense built on stilts: Hamak and Vaultz

This makes the Nigel Farage nonsense at Stack BTC (STAK) seem like good old fashioned blue chip investing. Today's malarky at Hamak Strategy (HAMA) and Vaultz Capital (V3TC) is just insane: Both companies are uninvestable.

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149 days ago

Hamak adds more deckchairs to sinking ship, racks up its costs as death spiral starts to bite

When your broker needs to sell new shares equating to 5.5% of your market cap EVERY MONTH for ten months to pay back a loan from death spiral provider Yorkville but can only do so on days when the shares are up, you need to create volume and Bulletin Board Moron investor interest with a constant stream of turd polished RNSs. Hamak Strategy (HAMA) Chairwoman Nichola Horlick farts. RNS it, polishing it as how “Superwoman” is creating interest. Today the company has announced new hires which will only add to the cash guzzle and diminish the, already paltry, TNAV.

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150 days ago

Hamak – Aussies walk away from Nimba – cash position now materially weakened as death spiral kicks in

Oh dear, oh dear. Maybe it was my hurty words about Bernie Madoff cheerleader Nichola Horlick that did it. Or maybe it is just that the Nimba asset in Liberia is a piss poor one but a farm out deal with ASX listed penny dreadful First AU Ltd has collapsed now putting real pressure on the balance sheet of Hamak Strategy (HAMA) just as an ATM death spiral kicks into action.

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154 days ago

Tom Winnifrith Bearcast No 2: is Blue Owl v2 Bear Stearns and if so when is the Lehman Moment?

I start with Blue Owl and the mega bear case for the market, especially tech. That brings me onto bitcoin and a deep dive into FY numbers from the Smarter Web Compay (SWC). En passant I mention London Bitcoin Comany (BTC) amnd Hamak Strategy (HAMA)

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155 days ago

Video: My all time hero Dr Laffer, a voice of sanity in these insane times

Everywhere I see on social media folks are calling for higher taxes on the rich without defining who is rich.  When, according to the ONS, more than half of Brits are net takers from the state it is not surprising that craven politicians pander to the Pauls and ignore the Peter’s since there are more of the former than the latter. The UK’s most popular politician Zack Polanksi stated last night  that the true wealth creators are cleaners, teachers and nurses while we capitalists merely suck out wealth. This is going to end badly. In this crazy world the man after whom the Laffer Curve is named has recorded a video every single Brit should be forced to watch.

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157 days ago

Tom Winnifrith Bearcast: Boohoo valuation crackers post bailout, read between the lines from Optibiotix, cash crisis ahoy

Happy pancake day, I am off to prepare our treats for later but consider what follows ( Lent)  and how times have changed. Then how the Lib/Lab/Cons ALL tried to get taxation without representation - we live in a cold banana Republic. Then Optibiotix (OPTO), writing to Vigo PR about whether Skinbiotherapeutics (SBTX) funded smears against its critics,  Hamak Stategy (HAMA), Georgina Energy (GEX) and Boohoo (DEBS) where the valuation is bonkers.

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171 days ago

Hamak buys gold and bitcoin: it’s a spoof ahead of death spiral kicking in next week

Hamak Strategy (HAMA) now run by Bernie Madoff cheerleader Nicola Horlick following the abrupt resignation of the previous chairman, has announced spoof purchases of gold bullion and bitcoin.

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183 days ago

Tom Winnifrith Bearcast: should we all sell our houses and buy bitcoin?

Seriously some folks are discussing this and they may be half right but also half wrong. I also look at Skinbiotherapeutics (SBTX), Defence Holdings (ALRT), its new hire and its funding facility and that of Hamak Strategy (HAMA) where I do the maths for you on why it will end badly for La Horlick. 

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221 days ago

Tom Winnifrith Bearcast: I think this is going to be a big win after 14 years of writing

I refer to an article on my own website HERE regarding Warwick School. Moral of the story, I do not give up whatever is thrown at me. I then turn to Eden Research (EDEN), Satsuma (SATS), Hamak Strategy (HAMA), Union Jack Oil (UJO) and Sundae Bar (SBAR).

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232 days ago

Tom Winnifrith Bearcast: the Zak Mir & Trustpilot business model is not sustainable

In today's bearcast on an ouzo day I look at Amazing AI(AAI), Defence Holdings (ALRT), Hamak Strategy (HAMA), Smarter Web Company (SWC), Satsuma (SATS), the wretched and ghastly Mir and Trustpilot (TRST)

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234 days ago

Tom Winnifrith Bearcast: reading the AQSE Rule Book and tell me why Strategy makes sense and is not a ponzi

I discuss Amazing AI (AAI), Microstrategy (US:MSTR), Smarter Web (SWC), Hamak Strategy (HAMA), Bluebird Mining Ventures (BMV) and Union Jack Oil (TOAST).

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248 days ago

The Death Spiral ATM facility unravel continues at The Smarter Web Company as hard data calls CEO Andrew Webley out as a moron!

When it comes to other people’s money is Andrew Webley, the grifter in charge of the Smarter Web Company (SWC) the worst investor on the listed scene? I merely offer up facts that his cheerleaders will not wish to take on board as they discuss his “bitcoin yield to date” and other completely made up metrics.

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258 days ago

Video: Arthur Laffer, the World’s Greatest economist, explains where the UK is going all wrong

When I attended at Warwick School I was taught economics by a man called Martin Green, an inspirational teacher, the England Rugby Coach and a member of the SDP. There were two ways we boys would taunt Green.

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261 days ago

Nativo Resources another share price suicide financing with death spiral johnnies Yorkville, disgraced Adam Wilson and broker AlbR, the new Axis of Evil

Hamak Strategy (HAMA) will see its shares crushed from January thanks to a #5m funding facility provided by US death spiral outfit Yorkville, broker AlbR (bucket shop Novum as was) and set up by disgraced Adam Wilson of the Ben’s Creek fraud infamy. I explained why this must smash its shares from January onwards making the stock utterly uninvestable for anyone other than financial masochists HERE. Now this Axis of evil has another victim, Nativo Resources (NTVO), already a dog but now one whose shares will be obliterated. Here’s why.

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263 days ago

Oh dear, Oh dear, the ATM is running out of money for Smarter Web, now 92.4% off peak ramp

As I have noted before, ATMs, aka death spirals might work when a stock is flying. But when it is tanking they act to stop the share price gains on the few up days and cannot be used on the many down days. Thus they crush the share price and that causes volumes to dry up and thus bring in ever reduced proceeds. Today’s ATM update from the Smarter Web Company (SWC) is horrific and leaves its shares at just 50p to sell.

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267 days ago

BREAKING: The stench of Adam Wilson at Hamak Strategy

Readers of this website will be all too aware of the antics of disgraced Adam Wilson at Daniel Stewart, and with his buddy Peter Shea at Ben’s Creek (BEN), now in administration. After the Ben’s scam, Wilson is a City pariah with only total scumbags even considering dealing with him. And that, according to a top source, brings me to Hamak Strategy (HAMA).

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268 days ago

Tom Winnifrith Bearcast: RIP David Horgan, I thought you were a decent and charming man

Another day and news of someone you knew and liked passing away. I consider David Horgan 66 is too young to die. I also look at Hamak Strategy (HAMA) and its financing woes, Argo Blockchain (ARB) and Hemogenyx (HEMO).  

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274 days ago

Tom Winnifrith Bearcast No 2: His schoolboy error was admitting that he was my friend

I report back from the Wrexham game and the schoolboy error of the World's Greatest living expert on Music Magpie. I discuss today's dash to trash ref Versarien (VRS) and Supply@ME Capital (SYME). Look at Satsuma (SATS) as it finds a new auditor. Then it is why ATMs are death spirals ref Smarter Web (SWC), Defence Holdings (ALRT) and Hamak Strategy (HAMA).

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281 days ago

Tom Winnifrith Bearcast No3: The massive red flags that make Defence such an outstanding sell

I discuss Kefi Gold & Copper (KEFI), Ukrainian Young Ladies, Hamak (HAMA),  Satsuma (SATS), Nightcap & Brighton City Council, Smarter Web (SWC) and in detail Defence Holdings (ALRT), a monumental short/sell. Plus there is bit of macro babble

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281 days ago

Letter to the FCA Re Hamak Strategy

I cannot see why Hamak Strategy (HAMA) is not being forced to publish an RTO prospectus. If the FCA does follow its own rules surely that must happen which will throw the whole funding strategy of this overvalued, fiat strapped, POS into disarray. I have tried kick the regulator into action with a letter.

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281 days ago

These people are mad: back to Hamak Strategy, they make me feel like Nigel Farage

I have to admit to a dirty pleasure. Last night I spent half an hour on the internet and you may think my viewing sordid but it was a real thrill. You’ve guessed…

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282 days ago

Tom Winnifrith Bearcast: As we all pray for Magna Carta I wonder do I dare think Nigel Wray has it wrong?

Poor old Magna Carta may have to switch the asylum for the poor house at this rate. Let us pray for the poor fellow. I start with Kefi Gold & Copper (KEFI) and then discuss the man who, as a right wing economics geek, is my all time hero. That brings me to Hamak Strategy (HAMA) and then Sosandar (SOS), Procook (PROC) and Genedrive (GDR) plus a bit of macro ponderings on consumer confidence and spending here in Airstrip One.

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282 days ago

Hamak: not 1 but 2 death spirals, what’s not to like?

On 25 September Hamak Strategy (HAMA) CEO Nick Thurlow told mug punters in an investor meeting that his company was fully funded for 12 months. With negative net current assets that was clearly disingenuous, either Hamak had to sell some of its 20 bitcoin or it needed to issue shares. Today it has announced not one but two death spirals! Confetti ahoy!

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283 days ago

Hamak Strategy and value destruction with bitcoin: A maths lesson for the stupid ( including Zak Mir)!

The lack of fiat at Hamak Strategy (HAMA) means that it urgently needs to either start selling its pile of bitcoin or do a fund raise, either straight equity or death spiral CULS. Either way it won’t be pretty for its share price. But a bitcoin sale would expose what a farce its value addition via shitcoin treasury strategy is. Do the maths stupid!

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284 days ago

Tom Winnifrith Bearcast No 2: Hydrogen Utopia RNS stinks: questions, questions and more questions!

I start with a detailed look at Probiotix (PBX) then spend some dream Kefi money on BP (BP.) or rather would at c400p. Then I look at ominous silences at Hamak Strategy (HAMA) and Genflow (GENF) before considering today's RNS from Hydrogen Utopia (HUI) which stinks.

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289 days ago

Tom Winnifrith Bearcast No 1: On $4,000 day, old to $25,500, my 187 year old friend and 2 gold juniors, a star and a dog have news

On the day gold hits $4,000 I discuss where next. Then with news from Ariana (AAU) and Hamak (HAMA) I explain the import of what they say after checking in with an old friend.

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289 days ago

Letter to the FCA – Hamak Strategy misleading investors

As discussed in bearcast yesterday, I have now both started the process of making 7 llbs of green tomato chutney as well as writing to the FCA asking it to investigate Hamak Strategy (HAMA) which has clearly mislead investors in the presentation you can see below. The letter is clear, Hamak is misleading its investors and needs to be made to come clean…

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290 days ago

Tom Winnifrith Bearcast No 2: Please forgive me, I will do it tonight

I start with some of the ghoulish reactions to today's October 7 anniversary, reactions that fill me with horror and disgust. I then look at Audioboom (BOOM), Georgina Energy (GEX), Hamak Strategy (HAMA) and Eurasia Mining (EUA), 80 million quid of hot air and puff.

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294 days ago

Tom Winnifrith Bearcast: a political bet from Lucian as I head into the trenches with Comrade Ed from Islington

I fear I am going to have to vote Labour next year and explain why. Lucian Miers has a political bet for you. I discuss lying to investors and screwing investors with placings and warrant spoofs plus a bursting bubble covering Tern (TERN), Defence (ALRT), Hamak (HAMA) which I shall be reporting to the FCA tomorrow and Amazing AI (AAI)

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294 days ago

5 days to Doom Day for Bitcoin in Treasury Companies, a CEO writes

In 5 days time folks will be allowed by the FCA to buy bitcoin ETFs paying NAV and that means there is no reason at all to pay a premium to NAV to but shares in bitcoin in treasury companies. The game is almost up! One CEO shows real candour and notes:

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294 days ago

Companies mislead – balance sheets do not: Hamak Strategy

I am being berated by a raft of X poltroons today about Hamak Strategy (HAMA), folks who are not inside a paywall but still insist that I have got it all wrong on the basis of a company presentation last week in which it insisted that it had 12 months cash. Companies can say what they want balance
sheets do not lie.

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295 days ago

Tom Winnifrith Bearcast No 3: Thoughts on Manchester, Hamak and the 76 million joke that is Defence

I start with the attack on the Manchester Synagogue and the weasel sympathy of the left. Then it is Hamak (HAMA) and Defence (ALRT), both utter joke valuations.

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301 days ago

Tom Winnifrith Bearcast: the shadow of Warwick School looms over me again

Another victim of historic sexual abuse has been in touch. the grooming, the cover ups and the wholesale policing and regulatory failure parallels with the London small cap scene are massive. I also discuss in detail Hamak Gold (HAMA), shares in which should be and will be 0.4p not 2.9p.

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311 days ago

Tom Winnifrith Bearcast No 3: is Hamak fiat solvent and what is Ariana not telling us?

I start with 1 in 1 out comedy from TTK. Then it is Hamak Gold (HAMA), Ariana Resources (AAU), Manolete (MANO) and Hareena Resources (HREE). Now on to Joshua's birthday celebrations.

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316 days ago

Tom Winnifrith Bearcast: The truth is that I collapsed

I do not hide my medical issues. I feel okay now but the truth is that I only got out of bed at 3.30. I don't know why and I am seeing the Shipmans tomorrow and I actually feel great now but these things happen. But my output today is limited. Apologies. I do however comment on Hamak (HAMA), Atlas Metals (AMG), pondering if either broker has the integrity to resign, Hemogenyx (HEMO) and another rat smelled and Hydrogen Utopia (HUI) and another letter I need to send to the FCA

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326 days ago

Tom Winnifrith Bearcast No 1: everything is great for the gold miners unless you have the curse of Nicola Horlick

I discuss the surging gold price, Greatland GGP), Ariana (AAU), Kefi Gold & Copper (KEFI), Golden Prospect (GPM), Amaroq (AMRQ) and La Horlick's shitco Hamak (HAMA) 

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340 days ago

Tom Winnifrith Bearcast No 2: Hooking up with the man who sent me my first lawyers letter!

It was 1994 and his client was an AIM fraud called Proteus International. I discuss the incident and its unintended conseqences. Then a follow up on bitcoin in treasury stocks and a tweeter who had not listened to my first podcast today and misunderstands me. Finally Wishbone Gold (WSBN) and La Horlck's Hamak Gold (HAMA)

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353 days ago

Hamak Gold and the 32 day director – this does not ring true, another red flag

Yesterday morning I pointed out that the valuation of Hamak Gold (HAMA) was bitcoin in treasury bonkers and that the 7 AM appointment of Bernie Madoff superfan Nicola Horlick was a red flag. Then at 4.30 PM we were told that executive director James Lawrence had quit with immediate effect. Maybe he was not such a Madoff superfan. The odd thing is that …

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354 days ago

Tom Winnifrith Bearcast: It is Misogyny Day here as the Sheep Shaggers swarm to Wrexham

I joke, of course, about the sexism and about the fellow countrypeople of three of my kids. I cover Hamak (HAMA), Bluebird Mining Ventures (BMV) and Georgina Energy (GEX).

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354 days ago

Nicola Horlick – Money & Co: is her new flagship technically insolvent? Accounting howler missed by the FCA or FOUR years!

I flagged up earlier how the appointment of Bernie Madoff superfan Nicola Horlick was yet another red flag at 9x overvalued Hamak Gold (HAMA). That was met with the usual twitter abuse from folks, who have not read my articles, insisting that she really is “superwoman” as she likes to brand herself. So, I have been forced into a bit of digging…

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354 days ago

Bitcoin in Treasury Nonsense: Nicola Horlick, you cannot be serious?

Just when I thought that every bad penny of self important egomaniac in town had jumped on the bandwagon there is another blast from the past to dumbfound we cynics of the bitcoin in treasury madness. The antics of Nicola Horlick and her equally ghastly ex husband Timmy have been well documented on this website, the highlight being when she charged fat due diligence fees at her Bramdean outfit to invest millions of pounds of client money in Bernie Madoff ponzi funds. Some due diligence Nicola.

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