Regulation

32 days ago

BREAKING Blast from the past: shareholders taking class action against Cloudtag,the FCA, AIM Regulation & Nomad Cairn over NEW post AIM $234m fraud!

You may remember how Cloudtag (CTAG) was once the AIM BBM fraud du jour. For calling it out while others, like the wretched Mir, sang its praises I was slammed as being part of a shorting conspiracy, seeking to buy shares on the cheap and, quite seriously, as being paid by the Israelis so the wicked Jews could get the tech on the cheap. In the end it delisted but raised fresh funds with new lies and a $234 million attempted fraud using the Johnson & Johnson name.

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42 days ago

Letter to AQSE Regulation: Have you verified with Pennpetro that David Lenigas is fit and proper to chair an AQSE Company

As I flagged up earlier, David Lenigas has emerged as the new chairman of wind energy, then bitcoin in treasury and now oil explorer Energy B (NRGB) on AQSE. But after events at Pennpetro (PPP) should Big Dave be allowed to run a public lavatory let alone a public company? Has AQSE Regulation done full due diligence on him and spoken to the new board at Pennpetro PLC (PPP) which has made explicit allegations about Mr Lenigas. I have dropped AQSE Regulation a note.

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57 days ago

Versarien – Total Carbide now in administration, does anyone care about learning lessons?

Back in the good old days when Neill Ricketts was the darling of the BBM community and pumpers such as Alan Green, Doc Holliday and Zak Mir used to launch vile personal attacks on me, queerying my motives, for asking numerous questions about Versarien (VRS) and exposing its LIES one if the defences was the strength of the asset backing.

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70 days ago

Valereum bailout placing – buying the loyalty of, now compromised, advisors: this stinks

In allowing Valereum (VLRM) to buy off its advisors by handing out 1 million warrants with a 1p strike and another 2.5 million with a 2.5p strike in return for not demanding answers to massive questions but instead organizing a bailout fund raise, AQSE Regulation shows why it is not fit for purpose. The whole AQSE market is officially a total rum ‘n’coke.

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73 days ago

Letter to Nomad Allenby: Re Blackbird and its financial position

Having collapsed yesterday there is a tiny bounce, to 1.45p, in the Blackbird (BIRD) share price. But its looming financial crisis has not gone away. I have written to nomad Allenby

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74 days ago

Valereum – if it cannot answer these three questions surely its shares should be suspended?

I simply cannot understand why shares in Valereum (VLRM) continue to trade after it has been shown to have deceived investors so often. At 3.25p it is, quite amazingly, still capitalized at £16 million. There are three questions that hapless advisor Ross Andrews of Guild should be forcing his client to answer. If it can’t or won’t the shares should surely be suspended.

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79 days ago

Optibiotix- has your Nomad approved this statement (which cannot be true)?

When, albeit in a misleading manner, Optibiotix (OPTI) announced that it had dumped most of its shares in Skinbiotherapeutics (SBTX), the family silver, its Nomad, Liam “the Toke” Murray signed off on an RNS saying that Optibiotix had enough working capital to last into H1 2027.. But…

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86 days ago

YOU CANNOT BE SERIOUS! AQSE Lobster Pot Disciplinary Notices – what sort of regulatory clown show is this?

There have been two disciplinary notices snuck out by the AQSE Regulation team in the past week. And each of them makes me despair of the clown show. The first was snuck out after hours at no-one is watching O’Clock last Friday although it is dated as being a sanction on March 9.

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87 days ago

Quantum Blockchain and its patent problems: a reader writes to AIM Regulation

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.

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91 days ago

EXPOSE: Powerhouse’s failed placing, Project Noble and why AIM Regulation and the FCA should be all over Turner Pope & Nomad Strand Hanson

Yesterday. Powerhouse Energy (PHE) announced a £400,000 placing at 0.2p and a WRAP Retail Offer to raise up to £250,000. If punters knew the truth about Project Noble they would realise that the WRAP Retail offer will see punters raped. The FCA and AIM Regulation should be all over brokers Turner Pope.

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104 days ago

BREAKING: Now Valereum CEO Garry Cottle wants to be an insider dealer!

Another day in the Valereum (VLRM) circus sees CEO Garry Cottle posting the letter below to  the company’s telegram group. It is quite bonkers. On the one hand he says that there will be announcements in the coming days and on the other hand he says he’d like to buy out unhappy shareholders. If he know things that are going to happen would that not be insider dealing? Just how long can AQSE Regulation and advisor Ross Andrews tolerate this sort of behaviour? Cottle also accuses his former advisor First Sentinel, which quit with immediate effect because of the QGP deal, of “spouting nonsense.”

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105 days ago

Letter to Ross Andrews of Guild, advisor to Valereum (pro tem)

No cash coupon, however paltry, appears to have been received by Valereum from Quorium Global Photonics, the start up with a $200 website run by the son on a convicted ponzi fraudster, within the five business days schedule it announced on March 31. Maybe it has arrived and Valereum has just not issued an RNS. I have written to its advisor Ross Andrews of Guild

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115 days ago

GOTCHA! QGP defaults on Valereum, RNS lies exposed, advisors still will not answer questions

Crazy Colette Quinn will, like the Valereum (VLRM) share price, be in meltdown on belated news today that Quorium Global Photonics has defaulted on its quarterly coupon of $3.95 million due on Sunday.  Yes the 2025 start up created by a man, Stephen Fathers, who co-runs another company with his ponzi fraudster convicted dad and which has a $200 website, has not paid. Who would have thought?

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122 days ago

Tom Winnifrith Bearcast: Should AIM Regulation be looking at the Kefi timeline ahead of the placing?

As we are told two different stories about the placing I think the Oxymorons should be having serious chats with the management of Kefi Gold & Copper (KEFI). I then consider Iran and the latest news and finally why WeCap (WCAP) is now worth minus money AND has no cash so must be technically insolvent. If it gigs with the Fat Lady I hope those, I name, who promoted its shares recklessly, get a good grilling. 

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123 days ago

Expose: Website analysis and the Valereum QGP hookup – show me this is not a bezzle

I  have raised numerous questions about Quorium Global Photonics, QGP, which has supposedly put up $200 million to get a 50% stake in worthless Valereum (VLRM). Here is another massive red flag, spotted by an IT whizz of a reader. Now maybe advisors Guild and AQSE Regulation are IT savvy and know better. I doubt it.

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128 days ago

Wishbone Gold kiss of death – this man is delusional!

The world and his wife can see that the 2025 drilling results from Red Setter, finally announced this week by Wishbone Gold (WSBN) were utterly appalling. I have written to the Oxymorons at AIM Regulation asking if folks were misled ahead of two placings in August/September 2025. Even the BBMs have turned on the company and the chuckle brothers, David Lenigas and Richard Poulden, who run the show. But one chap takes a different view…

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130 days ago

Wishbone Gold Letters to AIM & AQSE Regulation

Today’s drilling results from Red Setter are shockingly bad, truly dreadful and raise very real concerns about statements made in August 2025 ahead of Wishbone Gold (WSBN) doing two placings raising £5.5 million  at 125p and 130p on 27 August and 30 September2025. Today the shares are just 44p as the actual drilling results are finally in. I have written to AIM Regulation and AQSE Regulation as the shares are listed on both markets.

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132 days ago

Valereum: Colette and the fan club vs a real banker

Colette Quinn still insists that my writings on Valereum (VLRM) are market abuse and must stop immediately. Whatever. It is 2026 so asking questions and pointing out facts should not be allowed. One of the things she claims that I am getting wrong is not appreciating that the $200 million loan notes Valereum owns, provided by a start up with its website down for maintenance, are a really sound asset. I put this to a real Banksta and his answer only adds to my belief that this is a disaster waiting to happen.

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138 days ago

Tanfield Group – corporate governance failures and a fake ethical statement

As I pointed out to AIM Regulation last week, Martin Groak should be fired as a NED at Tanfield (TAN) because he is a proven crook, that is to say he was at the heart of a demonstrable prospectus fraud.There is another issue to consider…

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139 days ago

Playing whack-a-fraud with Alessandro Zamboni and Dominic White

Yesterday it was the fallout from the demise of the Zamaz fraud.  Today, as we hope that the Oxymorons at AIM Regulation do something about that,  I move onto  RegTech Open and Nuburo (US:BURU). The former delisted in the UK, the latter a still listed insolvent US fraud.

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141 days ago

Nick Leeson wants to kill me, Seth Freedman to destroy me but what about Paul Mathieson's admissions - a letter to AQSE Regulation

Regarding today's shocking revelation that a UK PLC paid vile thugs Nick Leeson and Seth Freedman to destroy me with Leeson sayimg he wanted to bludgeon me to death and Freedman weaponising my mother's suicide and roping in Bloomberg reporters to the conspiracy, I wrote last night to AQSE Regulaton about the whatsapp group TWProject as its contents suggest illegal share trading arranged by Paul Mathieson and that he may have to make a mandatory bid for now delisted Amazing AI (AAI). I had made my pals at AQSE Regulation inside on this a few days ago and U know they are receptive to what I have flagged up.

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144 days ago

A blast from the past: Calon goes bust, the curse of the struck off dentist and the disgraced academic

Oh dear, Oh dear. The curse of struck off dentist Ajan Rejinald strikes again and, as a bonus, we lucky Welsh taxpayers are left picking up the tab. Calon Cardio Technology was run by Mark Clement who was sacked from Swansea University for gross misconduct (financial). At another taxpayer funded company Allerna he worked with Rejinald.

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149 days ago

Letter to the FCA and AIM Regulation: Silence from Jade Road & John Croft not acceptable

On 12 February I revealed here how AIM listed Jade Road Investments (JADE) led by John Croft was facing a £109 million legal claim, something that dwarfs its cash reserves of sub £6 million and its puny market cap. Jade has made no comment but I have confirmed today with the claimant that the claim is very much live although Jade has not actually responded to it. I have written to both AIM Regulation  but also the FCA as this also concerns Main Market Listed Golden Rock Global (GCG).

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162 days ago

BREAKING: AIM dog Jade Road stays silent as claimant reveals details of £109m claim to ShareProphets

Unbelievably, and with AIM Regulation made aware by myself of the claim revealed HERE yesterday which could sink Jade Road Investments (JADE) there is no RNS from the company. Cowardly nomad Zeus and colourful chairman John Croft of Fusionex infamy are not returning calls. But Helix, lawyer to the claimant has been more forthcoming.

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1438 days ago

Zak Mir’s Lift deal – why it so obviously stinks

It has been suggested to me that my criticism of Zak Mir’s Lift Global Ventures (LFT) is driven by jealousy in that The Sith Lord is clearly coining it in.  Au contraire. It is because everything about this stinks. And if the FCA and Aquis Regulation were not so utterly useless they would be all over this. Let me explain why.

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2471 days ago

Tom Winnifrith Bearcast: now about that FCA Enquiry

Is shorting Neil Woodford stocks like shooting fish in a barrel? I argue not and explain why it could be dangerous. I look at the FCA enquiry into Woodford and question whether its remit will be wide enough. Then, touching on the Fiske (FSK) AGM statement I look at calls for more regulation in the wake of the Woodford scandal.

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2998 days ago

UK Investor Show 2018 Video - the Great Luke Johnson

Another excellent column in yesterday's Sunday Times on regulation provides some inspiration for today's bearcast. But here is my friend Luke Johnson in full flow at the UK Investor show. Enjoy.

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4364 days ago

Why Companies are able to lie on AIM – the Failing Nomad System

The way that the AIM Casino is set up is based on one great enormous conflict of interest and that is why companies can and do tell lies to investors – that is the Nomad (Nominated Advisor) system.

A company must, under AIM rules, have a Nomad. If its Nomad quits the shares are suspended. If no replacement Nomad is found within a month the stock is booted off the Cesspit for good. The Nomad must verify every statement that is put out by a company and ensure that it complies with the rules. As such it is the Nomad who is at the front line of regulation and it works FOR the LSE.

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