Kreston reeves

120 days ago

Sundae Bar Results – Accounting Blunders in AIM Prospectus and Audited accounts for the year ended 30 September 2025, it’s off to the FRC I go!

In my earlier article today on Sundae Bar (SBAR) I looked at just how awful the results wereand why the company was heading for a cash crisis soon. Now to a series of accounting blunders which will see me heading to both my good pals at the Financial Reporting Council but also to the Oxymorons at AIM Regulation.

302 days ago

GOTCHA! Satsuma: an explicit admission that it lied to investors and the FCA rows back on prospectus

"Oh dear, Oh dear", as disgraced ex share tipster Mike Walters used to say when yet another of his disastrous share tips went horribly Pete Tong. Walters would have loved Satsuma Technology (SATS): loss making, proven liars and advised by rogues such as the journalist smearing PR scum at Yellow Jersey. It has all the attributes of a classic Old Mother Walters tip. Today’s RNS ends with the confession of lying.

313 days ago

Letter to the FCA: Satsuma, the RNS lie and the accounting irregularities

On Friday Satsuma Technology (SATS) lied to investors via RNS but it’s what it is covering up that the FCA should be all over. In case the regulators have overlooked this 175 million pounds scandal I have dropped them a note