1813 days ago
In today’s bearcast I cover Diageo (DGE), Versarien (VRS), Mayan (MYN), Vela (VELA), Dev Clever (DEV) and i3 Energy (i3E). No doubt Mr Ricketts wants to be a hero and ahead of my next training walk tomorrow I beg you to be one too and get us past £20,000 raised by donating HERE
1836 days ago
I record ahead of the arrival of the removals men. Grim North here we come! On the agenda today is Mayan Energy (MYN) where comrade Jennings of Align is getting a little ahead of himself and then the scandal of the day, Management Resource Solutions (MRS) where my work has been 100% vindicated as it admits – thanks to me – to the related party nest of snakes. But still, as shareholders try to out two leading snakes, the company and its pathetic Nomad Arden are behaving disgracefully. This insolvent piece of crap stinks and I explain why. Now as I crack on with assisting the removal men how about you join the roll call of heros HERE
1884 days ago
Mayan Energy (MYN) thought it had good news last week but if a god company (and no-one is saying that Mayan is that) meets a bad management it is the reputation of the latter which emerges intact. Thus the City’s No 1 oil analyst, Zac Phillips of SP Angel has renewed his call to sack the board starting with Charlie Wood. The great man writes:
1916 days ago
Mayan Energy (MYN) has today raised £750,000 at 0.12p in its latest bailout placing but it comes with an admission that it has forgotten to file returns to the US taxman, the IRS, for an unspecified period and thus who knows how much of that cash will be swallowed up in unpaid tax bills. As such we have no idea how fast the clock is ticking on the next bailout placing. The City’s top oil analyst, Zac Phillips of SP Angel is scathing. He writes:
1945 days ago
I have a bit of a rant about New Year's Eve. The Mrs and I will both be going to bed with a bottle of brandy by ten. In terms of stocks, I look at Amur (AMC), Cabot (CAB) and all that is wrong with AIM, Frontera (FRR), Metals Exploration (MTL) and Mayan (MYN). I have a handy tip to save money in 2019 and wish you all a prospoerous New Year.
1975 days ago
I do not see any upsides in appointing Sarah Cope (nee Wharry) as a NED at Mayan Energy (MYN). She is just another City Nomad crony capitalist and not one that I'd rate that highly. But I suppose it's diversity so praise the Lord. Let's all be diverse. Top oil analyst Zac Phillips of SP Angel is kinder than I am about Mrs Cope but still thinks her appointment is like a chocolate teapot. He opines:
2009 days ago
Amazingly Mayan Energy (MYN) CEO Charlie Wood survived an AGM revolt led by Richard Jennings thanks to some extraordinarily odd voting as exposed HERE. The key matter is how in the Deloro deal Mr Wood’s wife has made a killing without risking a cent while Mayan itself put up risk capital. As Zac Phillips notes HERE, that is an outrage and I gather moves are now afoot to sue Wood personally over that matter. But Mayan should head that off by taking action itself. I urge all shareholders to write to Chairman Paolo Amarusso NOW using the email pga@mcgowenfowlercom . Below is a letter from Jennings to use as your template.
2012 days ago
The Deloro affair should have seen more heads roll at Mayan Energy (MYN). That it has not just shows what a regulatory joke the AIM Casino has become. Over to the City’s No 1 oil analyst Zac “the knife” Phillips of shamed Nomad SP Angel of MySquar (FRAUD) infamy. Zac, who may be shite at Latin but knows his oil, opines:
2023 days ago
Charlie Wood the interim CEO at Mayan Energy (MYN) managed to cling onto his role at last Thursday's GM despite the very serious evidence of a massive COI over the Deloro deal which saw his wife get almost free shares in Deloro while Mayan provided most of its funding. So how on earth did Wood win the vote. Richard Jennings of Align, Wood's bete noire, makes some observations:
2028 days ago
Richard Jennings of Align is not letting go and has posted 5 questions for long suffering Mayan Energy (MYN) shareholders to put to Charlie Wood at the GM tomorrow before booting him off the board. He has raised these matters with Nomad Roland "Fatty" Cornish but London's most useless adviser thinks that it is not his job to keep companies in order. His job is to bank fat retainers from companies, let them do what they want and then to head out for a five course lunch every day. Great! More spotted dick with lashings of custard waiter! Anyhow, over to Jennings who writes:
2029 days ago
Earlier today we published the call by Richard Jennings to shareholders in Mayan (MYN) to oust CEO Charlie Wood at Thursday's GM. That was part 1. Thanks to Winnileaks we now have the letters Jennings sent to Wood with questions that he will not answer. His silence is damning and anyone attending the GM should push him on this matter. I have ensured that Mayan's useless Nomad Beaumont Cornish is aware of them and hope that it will force answers to be given and published. Prepare to be shocked....
2029 days ago
In today's bearcast I look at the idea of a bear market on AIM, Cenkos (CNKS) as its CEO walks (again), Versarien (VRS), Plutus Powergen (PPG), First Derivatives(FDP), Mysquar (FRAUD), Mayan (MYN) and Wolfe Minerals (WLFE). Due to a bit of a mix-up there are a newly available handful of tickets to next week's wine, canapes, Falanx (FLX) and Premaitha (NIPT) evening in London with me ripping Dominic Frisby apart on blockchain and bitcoin as a bonus. To grab your seat for 16 October book HERE
2029 days ago
I gather that the new interim CEO Charlie Wood may not survive the Mayan (MYN) GM vote on Thursday. It looks tight and anyone reading the incendiary note by Zac Phillips earlier today is unlike to be shouting Je Suis Charlie. Now Richard Jennings of Align Research has weighed in with a no holds barred letter to shareholders calling on them to oust Wood. As they say...more to follow but the Jennings letter is below:
2029 days ago
Four days ago the CEO walked with immediate effect and without explanation. Today there is a pathetic statement from Mayan Energy (MYN) not explaining why the CEO was resigning but stating that everything is up for review: management, assets, operations. Until that is done capex is on hold. The only thing we are not told is how much cash is left. I suspect that is because the answer is SFA. On the case is the City's No 1 oil analyst Zac Phillips of SP Angel. Zac the knife pulls no punches and writes:
2032 days ago
Our Winnileaks Matt Earl special on First Derivatives (FDP) has set the cat amongst the pigeons. But I have bad news for the men from God's chosen lands of Ulster who run First. I have more and hope to air soon. Ho ho ho. Get the ouzo and ice ready. In this podcast I also cover spoofing at BlueJay (JAY), Fastjet (FJET), Frontera (FRR), the scandal at Indigovision (IND) which is enough to have us all voting for Jeremy Corbyn, Mayan (MYN) and, in some detail, Condor Gold (CNR), the gold dog which has sent so much of the cash of my good pal Jim Mellon to money heaven. I fear Jim will have to get his wallet out again soon.
2032 days ago
For reasons not explained the CEO of Mayan Energy (MYN) has quit with immediate effect. The City's No 1 oil analyst Zac Phillips thinks this is a good move, although probably a prelude to yet another bailout placing. But his report is still damning and is below.
2034 days ago
This is an interesting business model. Write to your client, for whom you have published bullish paid for research notes, open letters slagging them off. I wonder what the renewal rate is at Align Research? Anyhow the latest target of Align boss Richard Jennings is Charlie Wood of Mayan Energy (MYN) who received the stinging missive below today. Ouch.
2046 days ago
Given the lowly market cap of Mayan (MYN) any placing will have to be a heavily discounted bucket shop special. In light of that, investors should take heed of an explicit warning from the City’s No 1 oil analyst Zac “the Knife” Phillips of SP Angel. In an email he writes:
2137 days ago
In his morning email to his esteemed clients, Zac “The Knife” Phillips, of SP Angel, the UK’s no 1 oil analyst, has utterly ripped into Mayan Energy (MYN) demanding the sacking of the entire board. The great man opines:
2264 days ago
Sorry, but I have Oxfam on my mind. Seeing the downfall of these virtue signallers who I have long despised is hugely entertaining. However there is a link, this is not a contrived headline. In this podcast I discuss Mayan Energy (MYN), Andalas (ADL)(, Mosman Oil & Gas (MSMN) and The People's Operator (TPOP)
2265 days ago
Mayan Energy (MYN) has not had a placing since it raised £2 million gross at 0.6p in mid November. Circa £1.5 million of that went out of the door at once on commission and an acquisition so the tank must be running kind of dry by now. Hence Align being paid to initiate (bullish) research and seven ramptastic releases in less than three months. Today's is shocking and Nomad Roland "Fatty" Cornish, London's most useless Corporate adviser, should be hung drawn and quartered for signing off on it.
2278 days ago
The City's No 1 oil analyst makes an oblique reference to the shoddy way this stock is promoted but the reality is that today's news is grim and it is placing ahoy (YET AGAIN). Zac "the Knife" Phillips of SP Angel opines:
2293 days ago
In today's podcast I consider Julie Meyer and Ariadne, Provident Financial (PFG), another Neil Woodford dog, UtilityWise (UTW), OnlineBlockcrap (OBC), Mayan (MYN) and Carillion (CLLN) and how we capitalists keep on scoring own goals.
2301 days ago
If you are not old enough to remember the clip below you may not remember dotcom madness. In that vein i discuss Online Blockchain (BOLLOCKS). I look at Carillion (CLLN), surely a slam dunk short, BOS Global (BOS) and in some detail Mayan Energy (MYN)
2355 days ago
Ramptastic - if not entirely transparent RNS releases, Bulletin Board and twitter ramping by all the usual suspects with ludicrous price targets, no cash. What on earth did you expect was going to happen next at perennial uber dog Mayan Energy (MYN)? As those who were paying up to 0.9p at peak ramp just a few days ago contemplate how they were used to get away a £2 million placing at 0.6p they should have very serious questions for London's worst Nomad Roland Fatty Cornish who has signed off in recent ramptastic releases. Enter the fray Zac "The Knife" Phillips of SP Angel, the City's top oil analyst who has 14 questions that a Nomad with a shred of integrity and competence would have asked before allowing the releases. Over to The Knife who writes:
2497 days ago
Another day and another director walks, a new strategy is adopted and yet more confetti is issued by AIM casino uber dog Mayan Energy (MYN), formally the hound known as Northcote Energy. But this latest move just makes no sense at all. Let me explain with a little bit of help from a friend....
2739 days ago
This podcast is not just about the dog with fleas that is Andalas (ADL) and the motley crew of low life and fools associated with it. I also cover Highlands Natural (HNR), Mayan (MYN) and ADVFN (AFN) for whom I have a question. It is not exactly the most blue chip of selections today is it? The hot tip for a fiver I mentioned can be accessed .HERE
2795 days ago
Happy Wedding Anniversary said the email from Memery Crystal lawyers to African Potash (AFPO). Actually it did not, I made that up. Just like African Potash makes up its press releases ahead of a placing. I shall reply to Potash in a "formal" manner tomorrow. Elsewhere I look at Cloudtag (CTAG), Edenville (EDL), Zincox (ZOX), Gable (GAH) and Mayan (MYN), the former Northcote (NTC).
