51 days ago
On 25 September Hamak Strategy (HAMA) CEO Nick Thurlow told mug punters in an investor meeting that his company was fully funded for 12 months. With negative net current assets that was clearly disingenuous, either Hamak had to sell some of its 20 bitcoin or it needed to issue shares. Today it has announced not one but two death spirals! Confetti ahoy!
123 days ago
Just when I thought that every bad penny of self important egomaniac in town had jumped on the bandwagon there is another blast from the past to dumbfound we cynics of the bitcoin in treasury madness. The antics of Nicola Horlick and her equally ghastly ex husband Timmy have been well documented on this website, the highlight being when she charged fat due diligence fees at her Bramdean outfit to invest millions of pounds of client money in Bernie Madoff ponzi funds. Some due diligence Nicola.
