9 days ago
Okay it is not a material porky/ exercise in Diane Abbott maths but if you catch a company doing this once the odds are that it is doing it often and thus it becomes uninvestable. Thus also shows a remarkable degree of sloppiness by all concerned. I refer you to the RNS issued by Quantum Blockchain Technologies (QBT on April 15 this year.
57 days ago
A reader flags up that Quantum Blockchain (QBT) appears to be having a few problems with its patent applications in the US. My reading of the most recent setback, which Quantum has yet to respond to via RNS, is that the patent office seems to think that the IP has no distinictive features at all, it is essentially worthless. But maybe I do not really understand what is going on.
69 days ago
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.
75 days ago
The big question is whether the spiv Somerville has flipped his Kefi Gold & Copper (KEFI) as threatened with the shares at 1.5p. I think he's lost his marbles. Valereum (VLRM) has lied in an RNS. And even if true it shows that CEO Gary Cottle misled investors on a conference call last week. You really just could not make this rubbish up. Target price 0p. I discuss the latest Italian farce at Quantum Blockchain Technologies (QBT) and then more snakes in the garden of Eden Research (EDEN)
1252 days ago
After all Time Magazine made Hitler man of the year 1938 and – I think – made Great Thunberg, the Doom Goblin, Person of the year as well. As folks in Europe and America freeze to death in coming years they will look back on both awards in an unkind way. So what of The Times making Elon its businessman of the year? As Ouzo man starts shorting Tesla (TSLA) again is this a Hitler moment? I also look at Asiamet (ARS), at whether UK retail had a better Christmas than expected and at Quantum Blockchain (QBT), surely a pre-placing pump is underway.
