SWC

15 days ago

Tom Winnifrith bearcast: time to go into battle with Union Jack and see its board sacked

It may happen and I may buy shares, not that they are cheap, to assist in sacking almost all of the directors. I discuss that, turning 58 today and The Smarter Web Company (SWC) as my new best friend seeks to upgrade from the AQSE Lobster pot to the Main Market.

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22 days ago

Tom Winnifrith Bearcast: my silence on Kefi & Smarter Web and Councillor Bick's partial silence on Medpal AI

I discuss being an insider as of Sunday on Kefi Gold & Copper (KEFI), Amaroq (AMRQ) and trump, Medpal AI (MPAL) and the Smarter Web Company (SWC) and an email from my new best friend.

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53 days ago

David Lenigas, it is what he does not say: London Bitcoin spoof, SMTM!

David Lenigas and his 13 year old gopher Hewie RatLitter have today announced their plans and ambitions for 2026 for the London Bitcoin Company (BTC). I am working on announcing my 2026 plans and ambitions with regard to Cheryl Cole. But while all that I need is charm, wit and an ability to understand Geordie (I have 2 of 3), Lenigas and RatLitter need cash….

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54 days ago

Tom Winnifrith Bearcast: the Zak Mir & Trustpilot business model is not sustainable

In today's bearcast on an ouzo day I look at Amazing AI(AAI), Defence Holdings (ALRT), Hamak Strategy (HAMA), Smarter Web Company (SWC), Satsuma (SATS), the wretched and ghastly Mir and Trustpilot (TRST)

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54 days ago

Tom Winnifrith Bearcast No 1: 75 minutes with Andrew Webley, he's not a grifter, he is a nice guy but what about Smarter Web shares?

For various reasons I found myself on a video call with Andrew Webley today. We had scheduled a 30 minute chat but we talked for 75 minutes. I am a miserable man with few friends but I admit that I like Webley and would happily go for a non alcoholic drink with him. He has made errors but I can accept that they were not deliberate and he is thus definitively NOT a grifter. So does that make shares in The Smarter Web Company (SWC) a buy? No. And I explain why. But at 44.5p are they super overvalued? They might be if bitcoin crashes or if Strategy (US: MSTR) blows up and I don't think Webley would disagree. But he, like many others reckon neither will happen despite the obvious red flag of the corporate jet Strategy is buying for Michael Saylor as you can see in a regulatory disclosure below. . I discuss all of this and bring you the good news that Webley will join me on stage at Sharestock 2026 on September 5. To get your tickets at 2025 prices you must book before December 31 HERE

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56 days ago

Tom Winnifrith Bearcast: reading the AQSE Rule Book and tell me why Strategy makes sense and is not a ponzi

I discuss Amazing AI (AAI), Microstrategy (US:MSTR), Smarter Web (SWC), Hamak Strategy (HAMA), Bluebird Mining Ventures (BMV) and Union Jack Oil (TOAST).

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66 days ago

Andrew Webley tweets to mislead

The grifter Andrew Webley of the Smarter Web Company (SWC) has sent out his long weekly X message. You can read it below and one takeaway is that the grifter says he is going to spend less time promoting the shares ( I guess pushing shit uphill is not everyone’s cup of tea) and more time at his desk creating value. He also misleads the muppets who follow him with fake numbers.

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67 days ago

Bookmark this X: the grifter Andrew Webley clutching at straws

With bitcoin now back at $84,000 having slipped below $82,000 earlier today the grifter Andrew Webley is clutching at straws. Bookmark this X post below. 

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70 days ago

The Death Spiral ATM facility unravel continues at The Smarter Web Company as hard data calls CEO Andrew Webley out as a moron!

When it comes to other people’s money is Andrew Webley, the grifter in charge of the Smarter Web Company (SWC) the worst investor on the listed scene? I merely offer up facts that his cheerleaders will not wish to take on board as they discuss his “bitcoin yield to date” and other completely made up metrics.

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71 days ago

Every Bubble has its villain: Michael Saylor and bitcoin

When every bubble bursts someone is painted as the arch villain. Bitcoin, $125,000 just a few weeks ago, is today testing $90,000 and Michael Saylor, the founder of the world’s largest bitcoin in treasury company, MicroStrategy ($MSTR) is ranting that we should all buy bitcoin. Peter Schiff says Strategy is a fraud and will go to $0.

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75 days ago

Tom Winnifrith Bearcast No 2: Would 80 Mile have 'fessed without me?

I question share buybacks at 2 PLCs where I hold shares, BP (BP) and Imperial Brands (UMB), I look at Kefi Gold & Copper (KEFI), Petrotal (PTAL), 80 Mile (80M), Touchstone (TXP) and its greedy CEO and Smarter Web Company (SWC) and the idea of share buybacks

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82 days ago

Tom Winnifrith Bearcast No 2: Poisonous mushrooms and poisonous companies

I start with a plague of mushrooms at the Welsh Hovel. Then it is 80 Mile (80M), Victoria (VCP), Defence Holdings (ALRT), Futura Medical (FUM) , The Smarter Web Company (SWC) and Quantum Data Energy (MAST), previously Mast Energy

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83 days ago

The Bitcoin in Treasury bubble burst: Sequans starts dumping shitcoin

French based, NYSE listed software outfit Sequans (US:SQNS) started a bitcoin in treasury strategy in July. Now that strategy is in full reverse with the excuse given patently unbelievable. Stevie Wonder can see that the Frogs are making it up as they go along. It shows how the bubble has burst.

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84 days ago

Andrew Webley boasts of another day eroding shareholder value at The Smarter Web Company

For all the talk of having a smart strategy for making money from Bitcoin, the reality is that the grossly overpaid team of “gurus” at The Smarter Web Company (SWC) have simply bought shitcoin as soon as they have raised fresh fiat from gullible investors. The average price it has paid has been $108,635. The bitcoin price is now $101,750.

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84 days ago

Nativo Resources another share price suicide financing with death spiral johnnies Yorkville, disgraced Adam Wilson and broker AlbR, the new Axis of Evil

Hamak Strategy (HAMA) will see its shares crushed from January thanks to a #5m funding facility provided by US death spiral outfit Yorkville, broker AlbR (bucket shop Novum as was) and set up by disgraced Adam Wilson of the Ben’s Creek fraud infamy. I explained why this must smash its shares from January onwards making the stock utterly uninvestable for anyone other than financial masochists HERE. Now this Axis of evil has another victim, Nativo Resources (NTVO), already a dog but now one whose shares will be obliterated. Here’s why.

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84 days ago

Tom Winnifrith Bearcast: this is for Bill Barbour and Andrew Webley

I discuss what dilution means as I look at Skinbiotherapeutics (SBTX) and a problem the grifter Webley faces at The Smarter Web Company (SWC). I then look at Amaroq (AMRQ) and then at Georgina Energy (GEX).

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86 days ago

Oh dear, Oh dear, the ATM is running out of money for Smarter Web, now 92.4% off peak ramp

As I have noted before, ATMs, aka death spirals might work when a stock is flying. But when it is tanking they act to stop the share price gains on the few up days and cannot be used on the many down days. Thus they crush the share price and that causes volumes to dry up and thus bring in ever reduced proceeds. Today’s ATM update from the Smarter Web Company (SWC) is horrific and leaves its shares at just 50p to sell.

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93 days ago

Do these folks just not understand dilution?

@ZynxBTC is a full time tweeter of rampatsic nonsense about bitcoin, bitcoin in treasury companies in general and The Smarter Web Company (SWC) where he was buying shares all the way up and down and insists that he is still going to mint it. The stupid force is strong with Zynx who is venerated as something of a bien pensant in the X #SWC community. a recent tweet says it all.

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93 days ago

Is Jesse Myers stupid or wicked?

Jesse Myers is not a common or garden Bulletin Board Moron, he is head of bitcoin strategy at The Smarter Web Company (SWC). As we know, the "strategy" is to raise fiat by issuing shares and then buy bitcoin asap. There is no finesse here in terms of timing or trading and why Smarter has bloated its PLC costs with numerous hires to roll out the "strategy" is anyone's guess. Jesse famously refers to me as "That Man" and seems to spend 90% of his time on X.

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96 days ago

Tom Winnifrith Bearcast No 2: His schoolboy error was admitting that he was my friend

I report back from the Wrexham game and the schoolboy error of the World's Greatest living expert on Music Magpie. I discuss today's dash to trash ref Versarien (VRS) and Supply@ME Capital (SYME). Look at Satsuma (SATS) as it finds a new auditor. Then it is why ATMs are death spirals ref Smarter Web (SWC), Defence Holdings (ALRT) and Hamak Strategy (HAMA).

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100 days ago

Smarter Web: More death spiral vicar?

The bitcoin price has bounced and so to have the shares in Smarter Web Company (SWC) the latter are now 67.5p, playing a fully diluted NAV of perhaps 50p. A fool and his money are easily parted. Meanwhile there is another dose of ATM death spiral.

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101 days ago

The (not so) Smarter Web Co - a real bear scenario, I have been too generous apparently

With the shares in Smarter Web (SWC) fast approaching fully diluted NAV of around 46p (and which itself is falling post the recent Bitcoin price decline of near 20% and thanks to the bloated Plc overheads), a fellow market professional reckons my share price target of NAV, 46p, is far too generous. He opines:

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101 days ago

Grifter Andrew Webley talks cock (again) and cannot do basic maths

Smarter Web Company (SWC) shares ended Friday at just 55.5p, down from 660p less then three months ago when its founder, the grifter Andrew Webley was urging folks to fill their boots as, based on new valuation metrics which have upended all the laws of investment, the shares were still cheap. Whatever..

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102 days ago

These people are mad as a box of frogs: As NAV plunges to sub 46p and the shares to 55.5p, Smarter Web part 1

Shares in The Smarter Web Company (SWC), 660p just three months ago, closed Friday at just 55.5p.Grifter Andrew Webley was urging folks to buy all the way down insisting that new valuation metrics made the shares look cheap. The grifter is still at it, and still misleading his flock, as I shall demonstrate later.

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103 days ago

EXPOSE: When will Smarter Web have to sell some of its bitcoin (almost certainly at a loss)?

The Smarter Web Company (SWC) shares, once 660p, are today just 59.5p. Welcome to the minus 90% club grifter Andrew Webley, who appears to have blocked me on X so that I cannot track his shareholder funded jet set lifestyle presenting at conferences across the globe. But if you think things are bad now….

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103 days ago

Tom Winnifrith Bearcast No3: The massive red flags that make Defence such an outstanding sell

I discuss Kefi Gold & Copper (KEFI), Ukrainian Young Ladies, Hamak (HAMA),  Satsuma (SATS), Nightcap & Brighton City Council, Smarter Web (SWC) and in detail Defence Holdings (ALRT), a monumental short/sell. Plus there is bit of macro babble

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105 days ago

Hamak: not 1 but 2 death spirals, what’s not to like?

On 25 September Hamak Strategy (HAMA) CEO Nick Thurlow told mug punters in an investor meeting that his company was fully funded for 12 months. With negative net current assets that was clearly disingenuous, either Hamak had to sell some of its 20 bitcoin or it needed to issue shares. Today it has announced not one but two death spirals! Confetti ahoy!

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105 days ago

Tom Winnifrith Bearcast No 3: Predator, I just don't believe you

I ponder what sort of investor bought bitcoin in treasury stocks as the bitcoin price slumps again. The stench of Gavin Burnell of Globo infamy surrounds B Hold (HODL), I also look at Smarter Web (SWC), now almost 90% off peak ramp and London Bitcoin Company (BTC) as it faces a fiat crisis.Then Predator Oil & Gas (PRD), Hemogenyx (HEMO) and Marechale Capital (MAC)

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109 days ago

BHODL: A First Sentinel Bitcoin in Treasury play too far

Fellow old dinosaur T is in contact by email stating “ I'm an old and very simple man Tom, excuse me…

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110 days ago

Smarter Web shares now just 85p – FTSE 100 dreams in tatters

The grifter Andrew Webley and his overpaid limp dick colleagues at The Smarter Web Company (SWC) may dismiss the warnings of old TW, aka THAT MAN, as much as they wish but the shares have plunged from 660p on June 23 to just 85p today. But guess what? They are still overvalued.

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115 days ago

TW is “That man” – Smarter Web in denial

As of Wednesday next week you will all be able to gain exposure to bitcoin by buying bitcoin CLNs. You pay NAV and the management fees are trivial so only very marginally erode NAV. And that makes shares in companies with loss making core businesses trading at a premium or multiple of NAV for the insane only, a point I made HERE on Friday. The Smarter Web Company (SWC) was asked by a reader for a response and…

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116 days ago

5 days to Doom Day for Bitcoin in Treasury Companies, a CEO writes

In 5 days time folks will be allowed by the FCA to buy bitcoin ETFs paying NAV and that means there is no reason at all to pay a premium to NAV to but shares in bitcoin in treasury companies. The game is almost up! One CEO shows real candour and notes:

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121 days ago

The Euroloon spots a flaw in The Grifter’s M&A strategy at The Smarter Web Company

The grifter Andrew Webley thinks that he might bolster the, inflated, share price of The Smarter Web Company (SWC) with a spot of M&A. He reckons that using his paper, still defying gravity and trading at a monster premium to NAV he can buy peers trading at a discount to NAV. But my good friend the Euroloon Jonathan Price has sent me over the article below suggesting that this strategy may, like our mutually beloved West Ham, be doomed. It reads:

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122 days ago

Tom Winnifrith Bearcast: The Holt gang bang fantasy & the Smarter Web wizard of Oz exposes himself

I start with the deranged fantasies of shareholders in Predator Oil & Gas (PRD) them move onto last week's release from The Smarter Web Company (SWC) which shows the wizard is no magician just a flawed mortal.

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124 days ago

Trouble in shitcoin alley: is it a crypto winter coming or a crypto ice age or just a (big) bump in the road?

During the past 24 hours the price of a range of cryptocurrencies including bitcoin and Ethereum has tumbled sharply. Bitcoin itself is now back below $110,000 having been $125,000 just a couple of weeks ago. Yet folks like my pal Dominic Frisby still insist that it is a store of value when compared to fiat. Can the bulls explain one thing to a silly old dinosaur like myself?

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125 days ago

Expose: Coinsilium Group interim results WHOLESALE breaches of IFRS!

Does anybody care about the rules any more? The FRC will not look at interims. Advisor Peterhouse will say tat “Directors take responsibility” so its clients breaking the rules is not any of its business. And directors clearly don’t give a FF. as for AQSE Regulation.. it makes the Oxymorons at AIM Regulation look like razor sharp teethed bloodhounds.

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127 days ago

Tom Winnifrith Bearcast: Is the Fat Lady waiting for the AIM Company that has never made a profit, 41 years and 1 day after incorporation?

In today's podcast I cover Kefi Gold & Copper (KEFI), Versarien (VRS), Hemogenyx (HEMO) and the protocols of clinical trials, Victoria (VCP), Anglesey Mining (AYM), The Smarter Web Company (SWC) and Skinbiotherapeutics (SBTX). 

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132 days ago

The Reverend Andrew Carter needs to pray harder or maybe God is not listening: Smarter Web shares now 86% off peak and still grossly overvalued!

The Smarter Web Company (SWC) was going to make it into the FTSE 100 claimed its grifting boss Andrew Webley. Believers like the Reverend Andrew Carter of the Church of Mammon thought their prayers had been answered as the shares peaked at 660p on June 23. This morning they are just 90p to sell, a loss of 86% for those buying at peak. But…

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138 days ago

Tom Winnifrith Bearcast No 1: The FT promotes the grifter Andrew Webley as he talks cock & the day I met Peter Mandelson

I start with more poor FT journalism, giving a platform to the Smarter Web Company (SWC) boss, not challenging him as he talks utter cock. Then the day I met Mandy and got the measure of the man as the coke and champagne flowed.

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139 days ago

Tom Winnifrith Bearcast: So guess how many US OTC Trades in Optibiotix there have been in 20 days?

In today's bearcast I look at Optibiotix (OPTI), the absolute scandal at Atlas Metals (AMG), parallels with Ashington Innovations (ASHI), Smarter Web (SWC), London Bitcoin (BTC) and Argo Blockchain (ARB)

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146 days ago

The Smarter Web Company: New death spiral announced, even Angela Rayner could understand the maths

The Smarter Web Company (SWC) has announced that it has issued another 21 million shares to Shard Capital for it to flog on to its clients under a death spiral which is just bound to drive the shares down. If you look at how the first 21 million death spiral played out even Angela Raynor and her crack tax advisors can figure out the maths and how this plays out.

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149 days ago

Smarter Web: ups its cost base, shuffles deckchairs, share price still doing a Titanic

The grifter Andrew Webley is panicking. Shares in The Smarter Web Company (SWC) continue to fall on an almost daily basis despite the prayers of the Reverend Andrew Carter and the manic tweeting of the grifter himself. A few weeks ago he announced an “upgrade” of auditor. Ching ching. That will add to the cost base.

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150 days ago

Tom Winnifrith Bearcast: how quickly investor perceptions can change! And spot the congenital idiot CEO!

Can you identify the congenital idiot of a CEO sending me whatsapp messages yesterday? Ideas in the comments section below. Then I look at how perceptions are changing in relation to Andrew Webley's antics at The Smarter Web Company (SWC)

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151 days ago

Tom Winnifrith Bearcast No 2: Avacta insanity, I got my numbers wrong on Smarter Web (new maths) & the Egleton Law I want enacted

I start with a rare defeat in my battles with Julie "sex toy but no MBE on expenses" Meyer. Then Christopher Egleton and Minoan (MIN) and the silver lining I want to see from this cloud. Then Avacta (AVCT) and the Smarter Web Company (SWC)

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152 days ago

Tom Winnifrith Bearcast: Who has Zak Mir told about the potentially company sinking legal claim?

I start with a couple of Sharestock issues that make me angry. then more on how Comrade Brian Basham is trying to take the Georgina Energy (GEX) scandal forward. It also makes me angry. Then Zak Mir's dirty little secret that could sink Lift Global (LFT), Eight Capital Partners (ECP), with Liam Murray asleep at the wheel ( again), will David Lenigas 'fess up with a London Bitcoin Company (BTC) trading statement and Smarter Web Company (SWC) and the increasingly poor vicar Andrew Carter.

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155 days ago

Tom Winnifrith Bearcast No 1: The Smarter Web Company fund raise, is that it? The Rev Andrew Carter needs to pray harder

Today's fleecing of the sheeple is at 193p and has brought in just £3.7 million. The Smarter Web Company (SWC) shares are now 142p. the bubble is deflating ever faster and the Reverend Carter needs to pray harder. I discuss and have a question for AQSE Regulation..

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159 days ago

ECR Minerals and Smarter Web Company – the bitcoin spoofery continues

Scouse whinger Doc Holliday will be on the phone or email within minutes of this article appearing saying that he still cannot afford a few quid a month to read my articles but he’s convinced that I am being beastly about ECR Minerals (ECR) where his all too brief boardroom spell is over but he still has shares. For once he’s right.

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159 days ago

Tom Winnifrith Bearcast No 2: Will David Lenigas be transparent as London Bitcoin shares collapse still further?

I predict the timing and reason for the end of the bitcoin in treasury bubble and predict how grifters like Andrew Webley of The Smarter Web Company (SWC) will react for they will know I am right. I ask if David Lenigas will be transparent if and when London Bitcoin Company (BTC) has to sell shitcoin to pay fiat bills and suggest that time is already upon us.I look at Boohoo (DEBS) and not as a bull and then at Eden Research (EDEN) which is surely lining up another bailout placing.

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162 days ago

Tom Winnifrith Bearcast No 1: As the bitcoin in treasury bubble deflates again, why I might be able to buy Smarter Web shares at 35p

I discuss bitcoin prices and how and why this bubble is deflating and could bust. I discuss Smarter Web (SWC), Consilium (COIN), now 95% down in 10 weeks, London Bitcoin Company (BTC), Bluebird (BMV) and Satsuma (SATS)

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166 days ago

Video: gold to $5,000, bitcoin to hundreds of thousands of dollars

If investment manager Lawrence Lepard is right about bitcoin, then shares in companes like the grifter Andrew Webley's Smarter Web Company (SWC) would probably still be trading at a premium to NAV and be overvalued!

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175 days ago

Bitcoin in treasury spoof Satsuma raises £163.66 million at 1p, this is going to end in tears

Satsuma Technology (SATS) the bitcoin in treasury operation chaired by Matt Lodge, formerly an expert if fighting global warming by growing seaweed, set out to raise a minimum of £100 million in loan notes convertible at 1p but has raised a monstrous £163.66 million. This can only end in tears

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177 days ago

Smarter Web Company – another raise, at just 205p: why not name names?

The penny share grifter Andrew Webley is at it again, another day another issue of overpriced confetti by The Smarter Web Company (SWC). Those who paid 660p less than six weeks ago for their shares will need to order yet another tube of KY Jelly with news of an £8.1 million, gross, placing and subscription at just 2.05p. Ouch!

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179 days ago

FCA Opens Retail access to crypto ETNs so what is now the point of Smarter Web and its peers?

One argument pushed by grifters like Andrew Webley of The Smarter Web Company is that the inability of retail punters to buy crypto ETNs ( Exchange Traded Notes) meant that bitcoin in treasury companies had a USP. But the FCA says that is going to change. And that surely makes Smarter Web and its peers pointless.

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184 days ago

Video for Sheryl, Tim "the smearer" Lamb, the grifter Andrew Webley and the rest of the Bitcoin in Treasury Group Think crowd

You think bitcoin in treasury makes sense? You are wowed by new fangled valuation metrics pushed by grifters like Andrew Webley of The Smarter Web Company (SWC), you cannot go to enough Group Think mutual masturbation sessions with Peterhouse, Hill Dickinson and Coinsilium (COIN). Step outside of the bubble for an instant and enjoy a very impressive video from commentator Patrick Boyle and, without resorting to abuse, tell me why he is wrong.

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184 days ago

Another day more shares issued by Smarter Web and those mugged by Tennyson are already way out of the money

Sheryl, who I was warming to, today says on X that my writings on the Smarter Web Company (SWC) are both unhelpful and don’t move the market but that as they are behind a paywall and the poor girl can’t afford to access them as she is “a bit short of fiat”, she has not actually read them. But she thinks “Shall we leave it to @asjwebley and @smarterweb and their advisers @peterhousecap, Hill Dickinson @Tennyson_Secs etc. to sort out?” Go on grifter Webley and your lacky crony capitalists, you are too scared to face me in debate, how do you plan to “sort me out”? A lawyers letter for stating facts? Go ahead bitchez, see you in court! Meanwhile yet more shares have been issued.

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184 days ago

Tom Winnifrith Bearcast: If Andrew Webley grows a pair

I look at the real businss model of The Smarter Web Company (SWC)and in that vein why misleading statements matter, at Andrew Webley's share purchases, all red flags, his mad followers and offer to change the ShareStock schedule if he grows a pair.

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184 days ago

If Strategy slips or pukes, Smarter Web Collapses, here’s the maths on how Strategy shares could dive

Strategy (MSTR) is the big daddy of bitcoin in treasury companies and its success is seen, by believers, as proof that The Smarter Web Company (SWC) can go only one way. But even Strategy trades at less than 2 times NAV whereas the Smarter Web company, at 217.5p, trades at more than five times fully diluted NAV. So, if one accepts that Strategy is cheap, which I am not sure I do, then that does not make Smarter Web anything but expensive. But what if Strategy shares were to puke? Could that happen?

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186 days ago

Tom Winnifrith Bearcast: Don't worry bitcoin groupies it's "just a leverage flush" while I bet on the next PM

I discuss the worrying way bitcoin and other cryptos are tumbling and what that means for shitcoin in treasury constructs like Smarter Web Company (SWC). I look at three gold companies: Wishbone (WSBN), Serabi (SRB) and Amaroq (AMRQ) and I have had a small bet on the next PM, the odds out there are interesting.

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189 days ago

Tom Winnifrith Bearcast No 1: questions for and about Coinsilium and The Smarter Web Company

On Friday I have an online meeting with Sath, the new chairman at Bluebird Mining Ventures (BMV) whose shares, at 1.275p trade at a discount to NAV and so I am more than happy to hold. But though shares in Coinsilium (COIN) and The Smarter Web Company (SWC), run by shamed penny share grifter Andrew Webley, have tanked they trade at multiples of NAV. I have questions about them and for them but, though vindicated already, am still a bear of both.

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189 days ago

Tom Winnifrith Bearcast: Your FREE MONEY Guaranteed win trade, you can buy me a thank you ouzo at ShareStock

In today's podcast I discuss Wishbone Gold (WSBN), The Smarter Web Company (SWC), the Reverend Andrew Carter and the other zealots, Coinsilium (COIN), London Bitcoin Company (BTC), Satsuma (SATS) , your FREE MONEY GUARANTEED WIN TRADE and finally Skinbiotherapeutics (SBTX)  

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194 days ago

Is the Bitcoin in Treasury Bubble starting to lose steam asks Matt Levine

As with everything in finance the USA tends to lead the way. In light of that the latest note from Matt Levine should makes those rushing pay 7 x NAV for Smarter Web Company (SWC) think again if they are indeed capable of sensible thought at all. Levine is no dinosaur. He argues that such companies should trade at 2 x NAV. I think they should trade at closer to NAV. Anyhow...

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194 days ago

Smarter Web twitter moron of the day as it raises £17,543,942 at 295p

Another day and another bookbuild from The Smarter Web Company  (SWC)sees it raising another £17,543,942 gross at 295p, call it £16.5 million net after fees and commission for Tennyson, Peterhouse and others with urgent bills from the Ukrainian Young Ladies and Colombian import merchants to pay. So suckers will pay 295p for a fully diluted NAV of, say, 38p. Guess how that works out in the long run! Following the issue the new maths at a $118,545 bitcoin price are:

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195 days ago

The Bull case for bitcoin in treasury stocks

I think this is bullshit but a former olive harvester at the Greek Hovel sends me a bull case, c/o Matt Levine who is no fool. The problem is that even this sensible bull case which I do not really agree with would only justify a valuation of, perhaps, 2x NAV not the sky high multiples that penny share grifter Andrew Webley at The Smarter Web Company (SWC) seeks to justify. Levine posts…

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196 days ago

Letter to FCA Re Smarter Web Company, misleading investors with unregulated financial promotion

I have written to the FCA asking it to investigate The Smarter Web Company (SWC) and its CEO the penny share grifter Andrew Webley for publishing a research report, a financial promotion, which it is not regulated to do and which is grotesquely misleading

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200 days ago

Is Tao Alpha, to become Satsuma, losing its highest profile backer?

Its valuation is bonkers and as revealed earlier, its accounts are iffy. But is Tao Alpha (SATS) about to lose its best known backer?

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205 days ago

Smarter Web Company: Another £22.9 million raised from dumb animals

The drawdown facility arranged by spiv broker Tennyson has now raised an additional £22.9 million for The Smarter Web Company (SWC) via the issue of 7 million shares at 327p. Now another 14 million are on offer: roll up, roll up financial masochists everywhere.

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214 days ago

Tom Winnifrith Bearcast: post bubble valuations, I'd buy SWC at 25p, but sell Vinanz at any price

I start with an event 24 years ago tomorrow which drives my hatred of, mainly Labour, MPs. Then price targets for bitcoin in treasury stocks if the bubble has burst. Again I look back to 2001.

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214 days ago

Tom Winnifrith Bearcast No 2: Schadenfraude!

I discuss the UK welfare numbers and how Gresham's Law can apply to people too. Then schadenfreude, The Smarter Web Company (SWC), Vinanz (BTC), Coinsilium (COIN), TAO Alpha (TAO) and Cel AI (CLAI) and the Bixby/Edwards gang.

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214 days ago

Bent Broker Tennyson on Smarter Web Company, my target, a generous, 45p

Tennyson raised another £41 million for The Smarter Web Company (SWC) yesterday at 290p. That will have earned it c£2 million in commission which will pay for an awful lot of time with young ladies from Ukraine with ample supplies of Colombia’s finest marching powder to keep the party going. The shares are just 209p.

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216 days ago

Tom Winnifrith Bearcast No 1: As Andrew Webley hoists an enormous red flag doing the maths on the Smarter Web Company and Bluebird

1 still trades at almost 9x fully diluted NAV, one could be trading at a discount to NAV within weeks

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217 days ago

Smarter Web Company shares falling…it’s the Jews! And a challenge for Peterhouse and Andrew Webley

I am still humbled by the suggestion HERE that it is within my power to wipe a billion quid off the valuation of joke bitcoin in treasury companies in my role as co-ordinator of the global shorting conspiracy. Just when you thought that investors in Vinanz (BTC), off from 54p to 29.5p in just over 24 hours or The Smarter Web Company (SWC). Down from 500p to 295p over the past day, could not get any madder…

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219 days ago

So what is a strategic investor in Smarter Web Company?

As we have seen with Optibiotix (OPTI) the phrase Strategic investor” is one that aims to impress but often, if the truth be known, should do quite the reverse. Today, The Smarter Web Company (SWC) has announced that a “strategic investor” has invested £3.795259 million at 495p, Friday’s closing bid price.

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220 days ago

Tom Winnifrith Bearcast: new bubbles , new dodgy valuation metrics, I have seen this film before

I feel like fund manager Tony Dye back in 1999. Everyone laughed at him and in the end he was fired. Within two weeks he was vindicated. I consider another interview with Andrew Webley of the Smarter Web Company (SWC) with the wretched and dishonest Daily Mail.

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222 days ago

Bookmark this damning essay by a bitcoin investor for when the bitcoin in treasury bubble bursts

The guilty men and women, regulators, Rachel from Customer Services, sordid promoters and social media influencers know who they are. When thus bubble bursts and folks who have bought in at ludicrous prices lose everything, bookmark this article and make sure the guilty men and women are held to account.

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225 days ago

Another day, another bit of bitcoin in treasury spiv activity involving many of the usual suspects

The madness continues. The latest company jumping on the shitcoin in treasury bandwagon is AQSE listed Vault Ventures (VULT) which at 0.045p is now capitalized at c£5 million. Vault was formerly Meme Vault, formerly Pitch Pit – it has changed names and business strategies almost as many times as I have enjoyed inappropriate thoughts about Cheryl Cole.

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225 days ago

Smarter Web Company the madness continues, another £29 million raised at 180p – do the maths

What is it with devout Christians and The Smarter Web Company (SWC)(. This time it is not mad catholic priests worshipping mammon but @RCA2112BTC whose twitter bio says he believes in “God, family #bitcoin”. Forgetting about the eye of the needle this morning he tweeted to Richard Jennings and myself “have fun staying poor” as Smarter announced that a £15 million bookbuild had become a £29 million fund raise at 180p. Mad just got double mad, the shares are now 252.5p! Here are the maths.

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229 days ago

Tom Winnifrith Bearcast No1: Praying for the Rev Andrew Carter as he commits 2 deadly sins: Smarter Web vs Amaroq

The Reverend Carter is , I feart, ignoring the words of the Good Lord Jesus, trying t9o serve a second master in Mammon. He is also committing the first two deadly sins. I start with this curious fellow before comparing directly Amaroq (AMRQ) and The Smarter Web Company (SWC) and in that light look at the curious warrant trade by Gavin Burnell of Globo (GBO) infamy and back to when Neil Woodford really was a good fund manager as he went against the madness of crowds.
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231 days ago

Tom Winnifrith Bearcast No 2: Nonsense built upon nonsense upon nonsense

I discuss Joshua's best sports day ever then The Smarter Web Company (SWC) and the real nonsense at Hydrogen Utopia (HUI) as it runs out of money
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233 days ago

Tom Winnifrith Bearcast No 1: The big question for the Smarter Web Company and a helpful suggestion for the sharp cards behind it

Does the bitcoin price need to go up 9 or 19 times to make The Smarter Web Company (SWC) fair value? I post the big question but also offer a helpful suggestion to the sharp operators and spivs behind it of how they can make out like bandits this summer.
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237 days ago

Tom Winnifrith Bearcast No 1: Bluebird joins the bandwagon the hard numbers as Smarter Web raises again - look at the warrants, this is mad

Now Bluebird Mining Ventures (BMV) has joi8ned the bitcoin as a treasury bandwagon so I have exposure to this madness. I discuss that and walk you through the real numbers, look at all those warrants, at The Smarter Web Company (SWC) as it raises again and at the sort of folks, including a vile Catholic priest, batting for it on X and what that says. 
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238 days ago

Tom Winnifrith Bearcast No 2: now £200m of madness that will go up in smoke across 4 UK bitcoin as a treasury companies

Regulators should be all over this. I discuss what increase in the bitcoin price is needed to justify the current share prices of Vinanz (BTC), The Smarter Web Company (SWC), Ckyel AI (CYK) and Cel AI (CLAI) and the scoundrels behind each of them.

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238 days ago

Can you short shares in the Smarter Web Company at a joke £157m valuation? AQSE says no but you can!

The Smarter Web Company (SWC) share price is wholly indefensible. At 83.5p the market cap is £157 million and it has cash, or I suspect bitcoin, worth, perhaps, £12 million. Its core web design business is a nothingburger making insufficient profit to cover even a fraction of PLC costs. So, it needs the bitcoin price to jump to c$1.37 million to be even fair value. It won’t happen. But the heavily traded shares are on AQSE which says that you cannot short shares on it. But you can.
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250 days ago

Tom Winnifrith Bearcast No1, the £94m madness of The Smarter Web company, think back to Mark Slater's Internet Indirect

I cast no blame on my friend Mark but look back 25 years ago to what happened then and to the latest utter madness at the Smarter Web Company (SWC) - - update, having said it wanted £3 million, smarter has raised £7 million so £13 million cash plays a £94 million market cap. This is madness..
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258 days ago

Truly insane, the lunatics have taken over the AQSE Asylum with a £50m spoof: do Peterhouse staffers believe in the day of judgement?

A long time ago I had a friend, Tony, who was a financial journalist and a Marxist. His favourite phrase was that “the only problem with revolutions is that you run out of lead.” I think of that as I look at the latest madness at The Smarter Web Company (SWC), now valued at £50 million and where mug punters are going to be trashed. Those crony capitalists responsible deserve to meet a grisly fate when the glorious revolution, led either by we true capitalist libertarians or by revolting workers, takes place.
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259 days ago

Tom Winnifrith Bearcast: folks doing Leni-maths at Vast Resources and at Smarter Web

https://shareprophets.com/views/80312/tom-winnifrith-bearcast-folks-doing-leni-maths-at-vast-resources-and-at-smarter-web

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261 days ago

Tom Winnifrith Bearcast: Unless bitcoin goes to more than $2 million this year, this stock is in big share price trouble

I start with the woes of Nigel Somerville, Minoan (MIN) and Smarter Web (SWC). Then it is Wishbone Gold (WSBN) and getting 3 facts straight, Optibiotix (OPTI) and Skinbiotherapeutics (SBTX). Sign HERE to stop Steve O’Hara crushing both share prices even more. Then Mirriad (MIRI) and a dead cat bounce, Empressaria (EMR) and FD Technology (FDP) both of which have received bids today. Here’s why there will be more bids to come. Finally, 3 months and 30 days away, book your Sharestock seats today HERE..

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1418 days ago

Tom Winnifrith Bearcast: I despise Roman Abramovitch but stealing his assets is just wrong & a bad precedent

Obviously I do hope Chelsea goes bust and is docked 500 points and finds itself playing next season in the National League so allowing two clubs to be promoted which might just include Wrexham. But what is happening to the Abramovitch sets a dangerous precedent. I discuss this with reference to Evraz  (EVR). I look at Parsley Box (MEAL) and the role of certain institutional investors and also FinnCrap (FCAP) in some detail. I predict Parsley will go bust by the autumn notwithstanding today’s dishonest bailout.  I look at Oxford Cannibinoid (OTCP) and the growing scandal there  and also comment on Eurasia (EUA), then at Chill Brands (CHLL) and that other Standard Listed fraud Supply@ME Capital (SYME). I discuss Summerway Capital (SWC) and Argo Blockchain (ARB) but I start with a parents dilemma.

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1585 days ago

Tom Winnifrith Bonus Bearcast: can anyone interpret my new nightmare, a Saint (Vin) and a sinner (Lucian) and his toxic 4

I am up early thanks to a new nightmare. Can anyone interpret it? Are you out there Joseph? I then look at saint Vin Murria and Summerway Capital (SWC). Then I discuss Lucian Miers big Joe Retail toxic four (Chill Brands, Supply@ME Capital, Tern and Eurasia), why things are going his way, which will crack first and why and what the fallout will be. A regular bearcast will follow later.

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1751 days ago

Tom Winnifrith Bearcast: Optibiotics vs Skinbiotherapeutics

I start with a few words on the late Phil the Greek and reference an article I wrote exactly one month ago HERE on the liberal US celeb Joy Behar calling out Phil and his family as Nazis.  I reflect on the weather here in Wales and how tomorrow’s 20 mile training walk for Woodlarks will be very unpleasant indeed. So please do support me with a donation HERE. Then I discuss the saintly Vin Murria and share sales at Summerway (SWC) and for the first and last time in history I am a bit uneasy about all of this. Then the debate on whether to back the Skinbiotherapeutics (SBTX) or the Optibiotix (OPTI) charger? 

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1775 days ago

Tom Winnifrith Bearcast: this one is for Keith

In this podcast I discuss the idea of “shit investing”. I look at some stocks which are merde like Tiger Royalties (TIR) and Wildcat Petroleum (WCAT) and things David Lenigas might ramp and others which are not and which I discuss in detail, notably Jubilee Metals (JLP) and Summerway Capital (SWC) run by the wonderful Vin Murria.

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1868 days ago

Tom Winnifrith Bearcast: Okay unless you can do better my villain of the year has to be Mad Mark Drakeford

First I start with Joshua’s Advent calendar and the appearance of the star. Then who is to be my Christmas carol villain of the year then it has to be Welsh First Minister Mark Drakeford who today has just gone complelely bonkers as I describe HERE. Then I look at Vin Murria’s Summerway Capital (SWC) and explain why you are not too late even at 1.65p. then a look  at AFC Energy (AFC) and my new policy on dealing with abusive trolls. I discuss Fox Marble (FOX) and averaging down and then the scandal that is Remote Monitoring Systems (RMS) gets even worse. Surely the Oxymorons must investigate.

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1869 days ago

Tom Winnifrith Bearcast: the 1 AIM share you must Fill Your Boots with NOW, don't wait just buy

In today’s podcast I discuss Joshua’s Advent calendar then look at 2 very naughty Nomads and 2 of their grossly over-valued clients. Roland “Fatty” Cornish looks after European Metal Holdings (EMH). Liam Murray of Cairn looks after the ultimate Penny Dreadful, Catenae (CTEA). Then I return to Sarah Willingham’s NightJar and why she is destroying value for morons who pony up £6 million for the IPO on day 1. This is a scandal and Nomad Allenby should be ashamed. Then onto Purplebricks (PURP) before I look at Summerway (SWC) and why, whatever you pay you MUST buy its shares ASAP

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