971 days ago
It has just been brought to my attention that ADVFN has been hosting a (brief) thread dedicated to discussing my demise. It has been live since February 17 as you can see below. It’s only point is discussing my demise something spurred on by my exposes of and obtaining the suspension of, the fraud that is Supply@ME Capital (SYME). Does ADVFN really think that offering a platform to discuss such a matter is appropriate. Will it take firm action and not only can the thread but ban the sick mind who created it? I have asked the question of ADVFN Boss Mike Hodges this morning?
2468 days ago
On 23rd October 2015 as the old board of Sefton Resources (SER) handed over power to Clem Chambers, Mike Hodges as directors and Daniel Levi as a consultant it stated that the cash position was $504,300. The new board claimed that it was in fact materially lower. What is it now? That is unclear but what we do know is that the number of shares in issue has rocketed from 4,796,618,397 to 8,949,299,416 as that was announced at the weekend.
2735 days ago
As we revealed yesterday, ADVFN (AFN) bosses Clem Chambers & Mike Hodges who also run now delisted Sefton Resources (SER) have stated that flip flop Ben Turney has not submitted an EGM request to oust them. Flip Flop has denied this and accused the Sefton board of lying to their investors. Now Turney has parked his tank on the ADVFN lawn.
2736 days ago
Flip Flop Ben Turney who is endeavouring to oust Clem Chambers and Mike Hodges of ADVFN (AFN) from the board of now de-listed Sefton Resources (SER) has accused the two men of "telling blatant and demonstrable lies to investors in Sefton."
2754 days ago
The board of Sefton (SER) was informed eight days ago that Flip Flop Ben Turney owned 13% of the issued share capital and was demanding an EGM to oust the current directors, ADVFN (AFN) bosses Clem Chambers and Mike Hodges with Ben taking control. The resolution arrived in the BVI yesterday by snail mail but after eight days Flip Flop has not had a response. But he seems to have growing support and there are other developments.
3134 days ago
We all knew that at the October 6 EGM, team Chris Oil would win and that the current directors – bar Jossy Rachmantio would be booted out to be replaced by ADVFN’s (AFN) Clem Chambers and Mike Hodges. Sefton (SER) has now thrown in the towel but the drama is far from over.
Oil and Comrade Dan Levi have now withdrawn their EGM requisition and Jossy has agreed to welcome Chambers and Hodges to the board at some time in October. At that point Nomad Allenby will quit.
If no new Nomad steps up then Sefton will be slung off the casino. Today Sefton stated:
3145 days ago
It is now certain, following the shock resignation of Raylene Whitford, that Sefton Resources (SER) will soon be run by Clem Chambers and Mike Hodges at the behest of Brokerman Dan and market abuser Chris Oil. Nomad Allenby will quit the day the new consortium takes charge meaning Sefton will be booted off the AIM Casino unless a new Nomad steps forward. So which Nomad wants to commit reputation hara-kiri?
Mr Oil says he has already secured a Nomad. Mr Chambers seemed less sure when being monstered by Justin the Clown on a recent interview. So who will act for Sefton? We ask you to vote in our latest reader poll. Deadline Sunday Midnight:
3155 days ago
As Ben revealed HERE Chris Oil has requested an EGM at Sefton Resources to oust the board and replace it with the ADVFN (AFN) duo of Clem Chambers and Mike Hodges. This is a disaster as I expect the market abuser Oil to win. If he does Sefton may well be delisted and its shares are worthless as I explain in today's special podcast. My target price for Sefton shares is now 0p.
3208 days ago
Last Friday it was announced that Dan Levi (Brokerman Dan) and the market abuser Chris Oil (HERE, HERE and HERE) had upped their stake in Sefton Resources from 9.4% to 10.2%. Sources tell us that this is a prelude to them calling an EGM to ditch the board and install Clem Chambers & Mike Hodges of ADVFN as directors with Levi as a consultant.
Talking of installing, Levi now appears to have an office at ADVFN. And Chris Oil’s foxy PR bird Stefania (formerly PR to Sefton) is now doing ADVFN’s PR. What a happy bunch of campers.
3335 days ago
Yesterday it was announced that shareholders owning c22% of ADVFN had demanded an EGM to vote on sacking the entire board. They cocked up the paperwork according to ADVFN but that will be rectified so there is going to be a vote. Obviously I am not entirely a disinterested party.
Clem Chambers and Mike Hodges are friends of mine. We work with ADVFN on a range of joint ventures so from a personal point of view I’d clearly like the status quo.
Clem reckons that the current board has 20-30% of the shareholders onside and as such using his mid-number this is too close to call. It is all down to how the army of small shareholders in ADVFN vote, if they can be bothered.
I suspect that the rebels will go for ADVFN
