Ofex

99 days ago

Tom Winnifrith Bearcast: remembering a great Ofex fraud of the 1990s, I've never despaired this much

I look back at a great Ofex fraud of the 1990s and at bug frauds we exposed in the 2010s. I fear I have never been thus cynical about the way London small caps operate. I discuss Bluebird Mining (BMV), Valereum (VLRM) and Quantum Blockchain (QBT) in historic contexts.

310 days ago

EXPOSE: Eden Research the multiple CFO red Flags including a CV from hell

My attention is brought to Eden Research (EDEN), one of the many companies to have sent me a menacing lawyer’s letter over the years, by news that its CFO Alex Abrey has made a share purchase. That in itself is a red flag for reasons I shall explain below but it got me digging away at Abrey’s CV.

501 days ago

The snake in the garden of Eden Research talks with forked tongue (again)

Founded just under 30 years ago and listed for almost a quarter of a century Eden Research (EDEN) battles with Blackbird (BIRD) for the title of AIM’s most jam tomorrow stock. Eden has only ever once turned an accounting profit for any half year and that was a result of a Panama Pump accounting fraud. It has now managed to send well over £40 million to money heaven, including the costs of sending me a stream of lawyers letters for exposing its naughtiness back in 2005. Today the snake in the garden of Eden speaks with a forked tongue as a new joint broker is appointed.