2 hours ago
I start with the welfare calculator from the TPA and numbers that are stunning us all but also look at Covid bounce back loan fraud. That brings me to the economic flatulence of Kemi’s Tories and why its tax pledges play so badly in places like Wrexham, a must win seat. That is my challenge for Evil Banksta and his YC chums. Then it is Amaroq (AMRQ), Kendrick (KEN), the Quantum Blockchain (QBT) scandal and Petra Diamonds (PDL). PS Do enter Lucian’s prize contest HERE
2 hours ago
Earlier today I exposed how worthless AIM shitco Quantum Blockchain (QBT) had lied to investors in its September 28 released half calendar year results about a possible windfall of up to 270,000 Euro from the sale of an Italian House. But it gets worse. How on earth can disgraced Nomad SP Angel of the Mysquar fraud infamy sign off on this crap. Does PR himbo Christian Taylor Wilkinson bother checking the crap he puts his name to?
2 hours ago
Since 2017, Quantum Blockchain (QBT) has kept investors on the hook with the promise of getting back up to 6 million Euro from Italian legal claims. Even if it got that cash such is the state of its balance sheet that it would still be insolvent but the hope of money coming in keeps some gerbils drooling. But is it lying?
3 days ago
As I set out in my article yesterday the poor financial position of Quantum Blockchain Technologies (QBT) means that it is reliant upon future placings to stay afloat given its cash at June 30 of just E11,000 and an operating cash burn in the prior six months of E1,065,000. Conventional debt from third parties isn’t possible because it has net liabilities of E6,426,000 which includes existing debt of E7,396,000. So, a bucket shop placing is inevitable.
3 days ago
Cynicism and wild optimism. In this podcast I discuss Valereum (VLRM), Microsalt (SALT), Kefi Gold & Copper (KEFI), Quantum Blockchain (QBT), Eco Buildings (ECOB), Rent Guarantor (RGG) and Amaroq (AMRQ)
3 days ago
This old donkey should have been sent on a one way trip to the glue factory years ago. Half calendar year numbers came out on 28th September and were, as you might have predicted, dire.
35 days ago
On 18th August Quantum Blockchain (QBT) issued a spurious ramptastic release which I predicted was an attempted pump at 0.33p and that, running on vapours , a dump would follow. Sure enough…
50 days ago
Thanks to reader S I can tell you what the pump will be. Thanks to being able to do basic maths I can tell you about the dump that follows.
99 days ago
Quantum Blockchain Technologies (QBT) is the sort of company that gives AIM a bad name. Quantum says that it is focused on proprietary research and development programme to improve the efficiency of Bitcoin mining through artificial intelligence, software and hardware-led innovations. Whatever. It will not surprise you that it operates in the jeux sans revenue space and always has and, IMHO, always will.
113 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.
162 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.
173 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.
179 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)
1356 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.
