Ian Smith

1532 days ago

Tom Winnifrith Bearcast: Ian Smith you are in denial and Versarien tell us about the Nike "leak"

I start the podcast with my torture in trying to transfer a pension from the Daily Mail to my SIPP. It got so surreal this week but I might be making, expensive, progress. Then I look at how we often jump to easy conclusions when a share price falls. I am guilty of one such lazy jump. I refer to Versarien (VRS) and UK Oil & Gas (UKOG) in this section. I also have questions for Versarien and its hapless Nomad Bobbie Hilliam of Quindell infamy about the recent spike in its share price. Then I look at Bidstack (BIDS) and investors in denial and finally at Ian Smith and MXC Capital (MXCP) which is leaving the AIM Casino which is NOT what it should do. Smith is in denial too.

3444 days ago

Coms – email from Dave Breith

In the BearCast of Friday I suggested that Coms should have settled £825,000 to Ian Smith’s Castleton on 5 November. Dave Breith of Coms has emailed me to clarify. 

I heard your bearcast and the actual deferred consideration that Coms had to pay is / was due on the 21st November. However Coms settled the deferred monies early under a settlement agreement on the 31st October at £825,000 and paid this by same day electronic transfer.

Thanks for that Dave.