37 days ago
55 days ago
Oh dear, oh dear as disgraced ex tipster Mike Walters would say as yet another of his duff tips went horribly Pete Tong. Mike would have loved Argo Blockchain (ARB): dodgy management, strange related party deals, burning cash, an insolvent balance sheet, the historic involvement of known associates of convicted fraudsters, it would have been right up Mike’s street. Today Argo warns that its shares will be suspended tomorrow morning. Ooops a daisy.
83 days ago
“Oh dear, oh dear” as disgraced ex tipster Mike Walters would say when yet another of his share tips went horribly Pete Tong. No money, guzzling cash, likely to delist, a blue sky jam tomorrow story and run by rule breaking shysters, Celadon Pharmaceuticals (CEL) is just the sort of dog Walters would have tipped. Yesterday it waited until I was on the school run for its latest bad news. The shares, 125p two years ago when I first called this out, are now 3.5p.
94 days ago
Oh dear, oh dear as disgraced ex tipster Mike Walters used to say as yet another of his share tips went disastrously wrong. And Celadon Pharmaceuticals (CEL) is exactly the sort of POS that Mike would love to have tipped. It announces contracts with a vast top line number but the sales never arrive, profits are a pipe dream and as for cash being generated, forget it. The management are obvious knaves who do not give a FF about listing disclosure rules and the financing of the enterprise is, to say the least, opaque.
134 days ago
Oh dear, oh dear as disgraced ex tipster old mother Mike Walters would say as yet another of his disastrous tips went horribly wrong. In this podcast I discuss Belluscura (BELL), the sort of POS Walters would have tipped and also where we stand now with Nigel Wray, Adam Reynolds and David Pountney. For me, surely, even Magna Carta ( chairman of the chatroom gerbil, Winnifrith Derangement Syndrome society), must concede a double triumph?
218 days ago
350 days ago
Earlier today I pondered at what price UK Oil & Gas (UKOG) could get away the bailout placing it needs as it is running on vapours as its shareholders voted on a share consolidation. But, as Mike Walters would have said as another of his share tips (did he tip this POS, it is right up his street?) went tits up, oh dear, oh dear.
363 days ago
A kind reader points out that disgraced share tipster Old Mother Walters, Mike to his good pal jailbird Asil Nadir, has shut down his share tipping website. Oh dear, Oh Dear, as Mike, once of the Daily Mail, would have said when yet another of his disastrous share tips crashed, burned and ‘fessed up that it was a fraud or was nailed by a regulator.
364 days ago
Oh dear, Oh dear as the shamed tipster “old Mother” Mike Walters used to say when one of his shite share tips went horribly wrong. Oh wait: Verditek (VDTK) was one of his shite share tips! Its shares were 20p at peak Walters enthusiasm. They are now 0.11p after an admission today that it is giving up the solar panels business and becoming a cash shell, albeit with almost no cash. The big red flag here which Walters overlooked was that Verditek repeatedly lied about contracts won to get placings away only to ‘fess up afterwards that the contracts, even those described as take or pay, had not happened. So, serial lying and thus fraud…always a bit of a red flag.
470 days ago
“Oh dear, oh dear,” as my old pal “old Mother” Mike Walters used to say as another of his disastrous tips went wrong. I am not sure he ever tipped Eurasia Mining (EUA) but as Mr. Minmet it would be very much his sort of bag. Today’s statement is a disaster on all counts. It is hard to know where to start but let’s begin with the bid spoof.
496 days ago
Oh dear, oh dear as disgraced share tipster Old Mother Mike Walters used to say as yet another one of his share tips headed for a crash landing in Tits up Alley. One of his biggest disasters was, of course, Minmet (MNT) the fraudulent gold miner based in Brazil. Horizonte Minerals (HZM) wants to be a lithium miner based in Brazil. My 2 year old daughter wants to own a real life pink unicorn. I want… well, you know all about Cheryl Cole.
594 days ago
Oh dear, Oh dear as disgraced share tipster Mike Walters used to say as yet another of his disastrous share tips went horribly Pete Tong. At Deepverge (DVRG) things go from bad to worse. You almost could not make this up: The company says that “Unfortunately”…
594 days ago
Oh dear, oh dear, as the disgraced tipster Mike Walters would always say as yet another of his recommendations went horribly Pete Tong. I have warned and warned about Scotgold (SGZ) for eons, publishing leaked internal emails which showed how parlous its financial position was, something the company tried to brush off with dissembling releases. Well, today, I hear that the Fat Lady is in a taxi to Kings Cross and preparing to head north… the shares have been suspended.
688 days ago
The maths on this share tip from disgraced Mike Walters of the frauds Minmet, Polly Peck, 3DM, and the list goes on and on, infamy are clear. Verditek (VDTK) is – as of today running on vapours and unless it can get a bucket shop – deeply discounted – placing away, the shares should be suspended pending clarification. To recap for chairman, Tory Toff, Lord Willetts:
714 days ago
You have to look long and hard to find the “material uncertainty” warning and most of the morons suckered into this stock by disgraced share Tipster Mike Walters of 3DM, Polly Peck, Minmet, etc, etc infamy and by the lies and bogus contracts announced by the company are too damn stupid to look. If the do the warning is utterly misleading. Verditek (VDTK) faces another imminent cash crisis and could go bust before the start of August.
736 days ago
Oh dear, oh dear as my old pal the disgraced tipster Mike Walters used to say when one of his shite tips went tits up. Cash guzzling almost bust Tern (TERN) is the sort of rubbish Old Mother Walters would have tipped in the Mail in his heyday as he promoted frauds like Minmet, Polly Peck, 3DM, Pursuit Dynamics, etc etc. Today there is more bad news ahead of next week when there will be even more bad news.
792 days ago
“Oh dear, oh dear,” as my old friend Old Mother Mike Walters would have said as he apologised for yet another duff loss making, cash guzzling share tip ‘fessing up to bad news. I am surprised Mike has not tipped Aquis listed Valereum Blockchain (VLRM) it is right up his street. Shares in this company were peak ramp 64p, thanks to the efforts of Zak Mir and David Lenigas. They are now 5.5p as yet more confetti is issued. And the worst is yet to come….
796 days ago
Over the the past decade Nigel Somerville and I have warned folks about this dog with fleas, almost as many times as I have had inappropriate thoughts about Cheryl Cole. With the shares in the minus 99% club, I guess we are already vindicated but today comes yet more bad news for Advanced Oncotherapy (AVO). As Old Mother Mike Walters, who is the sort of man who would have tipped this cash guzzling POS which has deceived its investors on a serial basis, would have said as he apologised for another duff share tip: “Oh dear, Oh dear” We start with the dreaded words “strategic review.”
797 days ago
“Oh dear, oh dear” the catchphrase of Old Mother Michael Walters as he apologised for a warning from yet another of his duff share tips. And a cash burning POS like Omega Diagnostics (ODX) is just the sort of POS company that he would have tipped. Today it warned just how bad its results for the year end March 31st would be. Luckily it talks of lots of jam arriving soon. Plus ca change.
816 days ago
Oh dear, oh dear, as the disgraced share tipster “old mother” Mike Walters used to say when one of his many disastrous share tips collapsed. Versarien (VRS) is just the sort of blue sky company churning out lies and issuing new shares whenever it could that would have attracted Walters, like shit attracts flies. That even Walters did not tip Versarien tells you something. Today we have an AGM in Cheltenham and the statement from chair Diane Savory has just been released. It is dire. Everything is for sale, it is cash crisis ahoy!
900 days ago
It was only just over two years ago that shares in the fraud Verditek (VDTK) reached 18p at peak Mike Walters ramp. But, like so many stocks promoted by old mother Walters, Verditek was a fraud and now the shares are just 0.6p. This website has exposed the way Verditek has made announcements about big new contracts on a serial basis since 2017, ramped the shares, got a placing away only to ‘fess that the contract was bogus. The problem with frauds, as Mrs Thatcher might have said, is that eventually they run out of other people’s money. That point will arrive within months
1365 days ago
For 17 years I have been pointing out the lies and frauds committed by Eden Research (EDEN). I could paper my bedroom with the lawyers letters it and its partner in crime 3DM (now in administration, having blown £65 million of other folks cash, sent me). I could paper another few rooms with the online harassment I received from the 3Dimmers, whipped up by shamed promoters Old Mother Mike Walters and Johnny “the Rat” Townsend. Here we are and I am still on the case although how the regulators have allowed this farce to continue for so long really does cause me to despair. Retained losses now stand at £40 million!
1520 days ago
Verditek (VDTK) is a company that I have exposed as a serial liar and warned about many times before and my bearishness has been vindicated. Last August, at peak ramp, the shares stood at 18p. Egged on by disgraced share tipster Mike Walters some folks paid almost 20p a pop. Today the spread is 3.7p-3.9p but even that values this business at £12.8 million which is insane as fair value is clearly zero. The valuation tells you everything you need to know about the insane market in which we operate.
1537 days ago
Oh dear, oh dear, oh dear. That used to be the catchphrase of disgraced penny share tipster Mike Walters of Minmet, 3DM, Polly Peck, Pursuit Dynamics, etc, etc infamy. I wonder if he will be using it today as the Verditek (VDTK) dog he has promoted so aggressively has coughed up to another lack of sales warning. It means that a bailout discount placing is inevitable within the next couple of months but natch the company, chaired by Tory Toff Lord Willetts, polishes the turd.
1609 days ago
Twice in the past week, most stridently yesterday afternoon HERE, I have made it clear that Verditek (VDTK), the serial AIM sewer deceiver ramped by shamed tipster “old mother” Walters and chaired by Tory toff Lord Willetts, needed to come clean on yet another pre-placing deceit and its lack of revenues. I guess the Oxymorons at AIM Regulation were listening as this morning the company fessed up. It’s ouzo time for me!
1772 days ago
Last week I demonstrated beyond any doubt that Verditek (VDTK) had deliberately lied to investors to raise bailout funding as you can see HERE. But it is not alone, welcome to the sordid world of Mike Walters, aka Old Mother Walters. He was once my idol.
1778 days ago
Maybe having a Tory grandee, Lord Willetts, as your chairman means that you are allowed to commit securities fraud with impunity on the AIM Casino? As I exposed yesterday HERE, that is most certainly what Verditek (VDTK) has been up to. Given that it is currently technically insolvent and its shares are being ramped on an industrial scale by disgraced tipster Mike Walters of 3DM, Polly Peck, Minmet, etc etc infamy and others, another placing must be imminent. I have today written to the Chocolate Teapots at the FCA and the Oxymorons at AIM Regulation asking it to try to, for once, stop fraud.
1778 days ago
I start with reflections on how Boris is begging companies to get the workers back to doing a shift at the office. Sory BoJo but in this mess of your own creation you are dreaming. Then it is onto our major expose of securities fraud at Verditek (VDTK) today, where it seems that Old Mother Walters is again batting for the company with a bonkers market cap, no sales, which lies to investors, and which is technically insolvent. What’s not to like? Oh yes, and the company’s chairman is a former Tory MP. More red flags than at the May Day rally in Moscow.
2503 days ago
I had not realised that shamed tipster Mike Walters of Minmet, Polly Peck, 3DM (and the rest) infamy was promoting Bluejay (JAY) but the kiss of death from Old Mother Walters is just another massive red flag. With disgraced Nomad SP Angel of MySquar infamy still refusing to say whether it dumped millions of shares while urging clients to buy, this stock is uninvestable. In that light I bring you a piece out yesterday from Richard Jennings which adds to the growing bear case. Over to the boss of Align Research...
3107 days ago
I start this podcast with an absolutely dire warning on property as an asset class. Malcolm Stacey is wrong just look at the most recent Begbies data and think about it long and hard. Then I continue my series on AIM fraud. A to E is HERE. F to J is HERE and today I look at K to O covering Kevin Ashton, Lawyer's Letters, Minmet and Mike Walters, New World Oil & Gas and Odey Asset Management. I stress Odey is not a fraud but I'm making a general point about fund managers. My Scrooge article I mentioned is HERE. The next part of this series is P to T - any suggestions for what Q and T might cover?
3424 days ago
Eleven years ago I did battle with Eden Research (EDEN) and Environmental Recycling Technologies (ENRT), then called 3DM which were both run by Witney lawyer Ken "Kenny-boy" Brooks. They sent me a slew of lawyers letters, their advisers John Finn, Johnny Townsend and PR man/tipster Mike Walters engaged in a filthy dirty tricks and smear campaign against myself and Lucian Miers, but it was team Kennyboy that ended up with TWO FSA censures. I am now officially "at war" with both companies once more and will today endeavour to show why both worthless entitities should be delisted at once. I start with a very gentle opening delivery for Eden, the strange case of the options.
3725 days ago
The Quindell of 2005 was a company called 3DM. Its shareholders the ThreeDimmers saw the AIM casino stock hyped up to 150p as this former Kazakh loo paper manufacturer told lie after lie. It sent me lawyer’s letter after lawyer’s letter as it tried to bully me into silence. Its cheerleaders, tipster Mike Walters and a City spiv called Johnny Townsend, encouraged all shareholders to report me to the FSA (the FCA of old). But in the end it was 3DM that was censured not once but twice by the FSA (2006 and 2008) for its serial lies. Today that company is called Environmental Recycling (ENRT) and it is still on AIM. Just.
4301 days ago
Oh dear, oh dear, - as the great Mike Walters used to say – it appears that whoever has access to Sefton Resources (SER) emails is again leaking some pretty toxic stuff. This time it is the email from Pinsent Masons partner and legal advisor to Sefton, Mr Russell Booker, in which he warns that the libel case against Dan Levi and myself should be dropped. Quite amazingly Pinsents litigation team are still ploughing ahead with the case regardless so racking up yet more fees for Sefton’s poor shareholders to swallow.
