670 days ago
After his senior role at disgraced broker, Daniel Stewart – enabling China frauds including Naibu – Paul Shackleton should have been banned from financial services. Instead, he is now earning a six-figure wedge at Peel Hunt. But the morally bankrupt bankster is getting a bit forgetful.
685 days ago
I guess that enabling crime does pay. But if bosses at Peel Hunt had a shred of integrity they would not be welcoming corporate financier Mr Paul Shackleton through the front door today. Indeed, they would be joining me in suggesting that Shackleton should never ever work in thee City again. AIM is a sewer not only because it is home to so many frauds but because of men like Shackleton who enable fraud. Below is a link to a £185 million court case about a fraud where Shackleton was a, if not the, key enabler.
1545 days ago
I am not saying Future (FUTR) is a fraud just that the way it has responded to Matt Earl’s devestating dossier will make my pal, the King of the Fraudsters, so incredibly proud. At last someone is following his advice on how to deal with critics. I also look at Burford (BUR), Big Dish (DISH), NAHL (NAH),Nostra Terra (NTOG), St James Place (SJP) who I suggest hires Elizabeth Holmes and Julie “lingerie on expenses” Meyer at once, Versarien (VRS) and Arden Partners (ARD), home of the China fraud specialist Mr Paul Shackleton of Naibu (NBU) infamy.
1811 days ago
China fraud specialist Paul Shackleton is trying to restore his soiled reputation and personal finances as head of the Nomad team at Arden. But this is proving hard given the activities of Arden client Management Resource Solutions (MRS). Over the weekend, thanks to Winnileaks, we exposed the biggest lie yet told by Management boss John Zorbas over the dodgy as hell related party nest of snakes £1.32 million acquisition of Alerion. In friendship, I have written to Mr Shackleton asking if Arden will quit as Nomad now and explaining exactly why they must. I have cc’d in AIM Regulation.
1834 days ago
In this bearcast I look at what a dismal failure AIM has become and examine the inherent conflicts of interest which make such failure ( for investors) inevitable. I reference Management Resource Solutions (MRS), Daniel Stewart (DAN), African Potash (AFPO), Arden Partners, Paul Shackleton, Naibu (NBU), Cantor Fitzgerald, Sefton Resources (SER), SP Angel, BlueJay Mining (JAY), Vialogy, Yourgene (YGEN), Quindell (QPP), Globo (GBO) and more. If you enjoyed this how about becoming a hero and donating to rogue bloggers for Woodlarks TODAY HERE
1835 days ago
In today’s bearcast I read out an email sent to Paul Shackleton (and AIM Regulation) regarding Management Resourse Solutions (MRS) following today’s bombshell HERE. I look at Plus 500 (PLUS), AFC Energy (AFC) and First Property (FPO) whose CEO is outed today as a Brexit Party candidate. I also do read out the roll call of heros who have sponsored Rogue Bloggers for Woodlarks. Tomorrow I am attemptng to do a 22 mile training walk so as you think of my pain why not be a hero too and sponsor all nine rogue bloggers HERE
2872 days ago
He has emerged again from under another stone. Now at disgraced WH Ireland (WHI), Shackleton represent a company called Croma (CSSG) which has not covered itself in glory today. I take a detailed look under its bonnet. Ho Ho ho. I do the same for Ambrian (AMBR) where Richard "piggy" Chase once worked and then discuss Nyota (NYO) which he trainwrecked suggesting a fair price for the placing it urgently needs. Ouch! And there are a few words on corporate governance, executive greed and Advanced Oncotherapy (AVO)
3134 days ago
Featurng all your favourite players in this mad old tale: Craig Whyte, Charles Green, Aiden Earley, Paul Shackleton, WH Ireland, Dave King, Mike Ashley, Old Mother Worthington (WRN) et al. The big question is whether Rangers FC (RFC) can get a stockmarket flotation away and if so when? It is that which I try to answer in this podcast.
3223 days ago
I forgot to mention convicted felon Champagne Charlie Gibson in the podcast. Silly me. But in case you have forgotten why he is a felon go HERE and why I am going to keep mentioning it go HERE. In the actual Bearcast I look at Sirius Minerals and Monitise and then have breaking news on the unlikely hero of the day China fraud specialist Mr Paul Shackleton and bad news for investors in Gate Ventures. Then it is onto Daniel Stewart with a bad Winston Churchill parody. Then onto Speedy Hire, Lightwaverf, Independent Oil & Gas and Phorm where the chickens are coming home to roost, at last.
3271 days ago
In November of 2014 the Qualifying Executives in the Nomad team at Daniel Stewart, led by China fraud specialist Mr Paul Shackleton all quit and it was forced to tell those AIM Casino companies it represented that they needed a new Nomad or would be slung off AIM. I can now reveal that the London Stock Exchange then secretly screwed ordinary investors in order to avoid its own humiliation.
3323 days ago
You may not remember Vyke PLC. It disappeared in 2011 from the AIM Casino and went bust shortly thereafter. But it raised millions of pounds from investors thanks largely to the efforts of disgraced crony capitalists Daniel Stewart – and yes Paul Shackleton of Naibu infamy was involved as his name appears on RNS releases – and it was a fraud. The FCA was alerted but did it do anything? Was Daniel Stewart censured and if not why not? At this stage I pass onto a reader who recounts his experiences:
I first heard of Vyke when some muppet spammed an unrelated Interactive Investor discussion board with the usual “this is a ten bagger” rubbish, so I took a look at the company. Shares were then about 80p and the house broker, Daniel Stewart, had published a ‘research’ note with a price target of 540p. It took me about two hours to work out that at best Vyke was a bag of nails and might well be a fraud and I said so on that discussion board.
3325 days ago
ZAI Corporate Finance & Big Ray Zimmerman are squarely in the frame regarding the fraud Naibu (NBU) but in my view it is former advisor Daniel Stewart and its then lead Qualifying Executive (QE) Mr Paul Shackleton who are most culpable and I have today written to the FCA and AIM Regulation asking that both be investigated and punished most severely for their role in allowing the continuation of a fraud that has cost investors millions of pounds.
Shackleton (now at WH Ireland) and Daniel Stewart were meant to report to the AIM Regulation team and the FCA any concerns they had about Naibu up until ZAI took over as Nomad on December 12 2014. During the first eleven months of 2014 I showed that Naibu CEO Houyan Lin (now in prison) had an undeclared criminal past and numerous times accused this company of fraud.
3338 days ago
I am delighted to see that 85% of shareholders in rangers FC (RFC) voted at the EGM to boot out the Ashley patsies and vote on the Dave King slate as directors. But there remain a series of questions about the club’s future on AIM and also about the behaviour of disgraced advisers WH Ireland and Newgate Communications.
King himself has not taken a seat on the board but instead Douglas Park has joined along with the other new boys Paul Murray and John Gilligan. The old board indicated that AIM might have issues with King given his colourful past and I guess he has side stepped that and so there is now np reason AIM can object to Rangers staying on the Casino.
All that it needs to do is to find a Nominated Advisor (Nomad) to replace WH Ireland – the employer of disgraced China fraud specialist Paul Shackleton – which quit two days before the EGM. That should not be an issue.
Most Nomads will represent anyone for a fee. After all Paul Shackleton was happy to represent Naibu (NBU) even though its CEO was languishing in gaol although he did not feel the need to inform investors. Shackleton was well aware that the Naibu CEO had a criminal record but again was happy to take Naibu’s money. Quite why Mr Shackleton regards Dave King as worse than Houyan Lin of Naibu escapes me but then perhaps the fact that Naibu had paid his employer £750,000 in two years swayed his opinion. But I guess Shackleton would not be of interest to Rangers.
But
3367 days ago
Rangers (RFC) has announced plans to hold an EGM to vote on a wholesale change of board. The plans are a disgrace, for the EGM is to be held in London at a venue that can hold only 500. Most Rangers shareholders live in Glasgow. This appears a deliberate attempt by Rangers and its shamed financial adviser Mr Paul Shackleton of WH Ireland to disenfranchise fans.
At the last GM held in Glasgow 2000 attended. The intent n booking a London venue that can hold only 500 is clear. The gibbering fool Shackleton was recorded on the phone trying to explain this decision to a fan and came over as a totally clueless poltroon
3367 days ago
I shall turn to the matter of the forthcoming Rangers FC (RFC) EGM later but the high-handed statement signed off by its adviser Mr Paul Shackleton of WH Ireland yesterday should be viewed in light of a shock revelation I serve up today about his own actions (or inactions) regarding AIM listed China fraud Naibu (NBU).
In the Rangers statement Shackleton throws mud at rebel shareholder Dave King, suggesting that his criminal record might make him unsuitable to be director of an AIM casino stock. There is no doubt that in his efforts to evade tax in South Africa, Mr King broke the law and was no angel. So Shackleton would not act for a fellow with a dodgy past (or present)? Really?
I spent a lot of time in 2014 accusing AIM casino listed Naibu of being a fraud.
3369 days ago
Companies on AIM are meant to post price sensitive information via the Stock Exchange and under Rule 22 they also have a duty to ensure that it is accurate. But Rangers FC (RFC) is advised by China fraud specialist Mr Paul Shackleton of WH Ireland and so yesterday it posted such (mis) information on its own website only. It then withdrew even that release but luckily I have a screen grab for you below.
3370 days ago
Rangers FC (RFC) has still not shown a shred of evidence to demonstrate that in accepting loan proposals from Mike Ashley and rejecting other refinancings it acted in the best interests of ALL shareholders. The Ashley minions who run the Rangers board are clearly loathed by the vast majority of Rangers supporters (rightly so in view of the refusal to provide evidence) and businessman Dave King has stated today that their days are numbered.
King is a colourful character having had a spit of bother with the South African tax authorities and having lost £20 million when Rangers last went bust. But he is a die-hard blue nose, unlike Ashley, and he reckons that he has the support of the 51% of shareholders needed to oust the board. And today he reckoned that the board would agree to hold an EGM this Friday, for later this month.
Interestingly King also said today that current Nomad, WH Ireland and its China fraud specialist Mr Paul Shackleton, was not “fit and proper”. Since we have seen absolutely no evidence
3388 days ago
Pressfit (PFIT) listed on the AIM Casino on August 1 2014. Its first profits warning came within three months. It was booted off the AIM Cesspit yesterday. It is Chinese. I name those responsible for this scandal - firms and individuals - and suggest that all concerned need steep fines and an immediate termination of their City careers and explain why.
3403 days ago
It is a special Bearcast as I make a number of Sheriff of AIM New Year Resolutions. And then I go onto to explain why the following are the least wanted men on the AIM Casino and what I plan to do about it to make their working lives a living hell in 2015:
3427 days ago
A podcast extra today on the Modus Operandi of China frauds, on a trading statement from China Chaintek (CTEK) that simply does not make sense and serious questions for Daniel Stewart and Mr Paul Shackleton who signed off on this bollocks. I also cover Naibu ( another Shackleton "verified" fraud and Jiasen which also announced a load of cobblers today. Reminder for investors in Chaintek and Naibu the clock is ticking. Shackleton you are now a marked man , the Sheriff is on your case.
3488 days ago
As ever there was no shortage of readers keen to stick the boot into near bankrupt crony capitalist AIM Casino advisor Daniel Stewart (DAN), the firm run by Peter Shea that made millions floating Quenron (QPP). Earlier this week we revealed the shock picture of its IPO department headed by smooth talking Paul Shackleton and asked you for your captions. And the winner is:
