5 days ago
Oh dear, oh dear. The FCA had the chance to clean up the sewer that is the Standard List by forcing all companies to retain a regulated advisor, rather as AIM Companies have to retain a Nomad. Fearing losing its license a Nomad should, in theory, stop companies telling outright lies or committing fraud, as happens all too often on the Standard list. But a consultation paper CP23/31 shows that the woke warriors at the FCA have bottled it and thus will allow investors to carry on getting screwed.
6 days ago
Dispensa (DISP) the Sub Standard list POS formerly known as Zamaz, a company created by Dominic White of the fraud Supply@ME Capital (SYME) infamy is in serious trouble. The only question now is when the end will come and why. This company listed at 11p, a £77million market cap in September 2022. I explicitly warned that it was a sham but the FCA knew better and allowed the listing to go ahead. The shares are now just 1.625p and my target is 0p.
15 days ago
I start with a couple of family matters and an apology to one listener. Then it is onto Kefi Gold & Copper (KEFI), Versarien (VRS), Cellular Goods (CBX) and the FCA, Canadian Overseas Petroleum (COPL) and naughty Gary, Ben’s Creek (BEN), truly a short of the year and finally MyHealthChecked (MHC).
17 days ago
I start with my medical issues and seeing the very efficient Shipmans in Chester. Mind you old Harold was very efficient too. Then it is onto Kefi Gold & Copper (KEFI), Cellular Goods (CBX), Reabold (RBD), Procook (PROC), Mercantile Ports & Logistics (MPL) and the fraud Supply@ME Capital (SYME) and what the FCA should do next.
17 days ago
For all the bluster I am more and more convinced that the Canadian Overseas Petroleum (COPL) Shareholder Action Group (SAG) are just a bunch of crybaby losers who cannot accept that they ignored numerous warnings from myself and others ( abusing me on social media for being wrong) about how bad the assets and management of Canadian were and how it would end in tears. The letter it has sent to the FCA is to a generic address. That is a sign that these losers are just scrabbling around. The failure of the SAG to understand how a death spiral works and what a breach of covenant means is another sign of how utterly clueless they are. Anyhow, thanks to Winnileaks, I have three emails sent in the past 14 days. 1 to the FCA, 2 to advisors and a third to the company. Enjoy.
18 days ago
I do hope that the FCA is, as I urged the other day, investigating comments made in the past ten days by Wildcat Petroleum (WCAT) chairman Mandhir Singh in private telegram groups. It should be. Meanwhile as rumours swirl of yet another heavily discounted bailout placing, Wildcat has published its latest monthly newsletter.
21 days ago
The FCA is , no sniggering at the back, meant to regulate the Standard List of London’s Main Market. In August 2023 it approved the IFRS non compliant and grossly misleading prospectus of the fraud Regtech Open (RTOP). I have written it a note about the latest developments. Its failure to force a statement and/or suspend the shares is a disgrace.
21 days ago
In today’s bearcast I start with rain and reservoir levels here in Wales before covering: Canadian Overseas Petroleum (COPL), Renold (RNO), Avacta (AVCT), Ben’s Creek (BEN), Harland & Wolff (HARL), Belluscura (BELL), Horizonte Minerals (HZM), Wildcat Petroleum (WCAT), a major scandal the FCA needs to take seriously, Verditek (VDTK) and Regtech Open (RTOP) & the missing or not £1.4 million.
23 days ago
In today’s podcast I look at the growing Regtech Open (RTOP) scandal and why the FCA really must act now. I look at New Year’s Resolutions, how life changes as we age. Darren and I turn 56 in the next 12 days. And to the departure on good terms of Chris Bailey.
23 days ago
Further to my previous article on Regtech Open (RTOP) and its first UK client which it claimed was “a major UK investor and strategic operator in key industries with a mature business continuity capability”, I have taken a further look at Eram Capital Partners Limited. You are going to be absolutely horrified.
36 days ago
I start with a couple of thoughts about my Dad prompted by events today and on Sunday. Then it is onto Tingo (FRAUD) and questions for the FCA and Deloitte, Canadian Overseas (COPL), Kefi Gold & Copper (KEFI), musicMagpie (MMAG) and Superdry (SDRY)
38 days ago
The plebs do not know what they were voting for and did not understand the issues. No, not my pal the Euroloon Jonathan Price on the Brexit vote, but lawyers Harcus Parker on the FCA proposed compensation scheme for victims of Neil Woodford, which 93% of those voting have now supported.
39 days ago
If the FCA’s crack staffers want to take time off from shitting on the floor and jerking off on ESG porn and to nail some slam dunk 100% market abuse, here is its chance.
40 days ago
Maybe rules apply only to little people and not to companies which retain as their adviser someone whose legendary modesty sees him mentioning almost every day that he attended Oriel College Oxford. I have written to the FCA about Sub Standard listed Dispensa (DISP), ccing in its adviser, pompous and conceited, Andrew Monk of VSA Capital.
48 days ago
I start with an update on the Greek Hovel olive harvest. Then I look at Online Blockchain (OBC), musicMagpie (MMAG), Helium One (HE1), Ben’s Creek (BEN), Supply@ME Capital (SYME), Regtech Open (RTOP) and the failings of PKF Littlejohn and the FCA
49 days ago
What on earth is the regulator doing in not kicking this insolvent ponzi off the UK Standard List? Today, Supply@ME Capital (SYME) has served up more jam tomorrow and an update on its funding crisis. Stevie Wonder can see that the shares are completely worthless but out there in Bulletin Board land some folks think they know better. Plus ca change.
49 days ago
Thanks to the heroic campaigner “Gnasher Jew” I bring you two screenshots of tweets sent by Razwan Nazir who co-owns Consilium Corporate Finance a company engaged in financial services thanks to White Rose Finance giving it AR status. That AR status means that Razwan can carry on activities the FCA supervises. The tweets are shocking.
61 days ago
I am amazed that the FCA has not sanctioned Standard Listed Upland Resources (UPL) over the fake bid episode. Actually, I am not that surprised. The FCA is useless but a half competent regulator would have taken action. After that incident anyone investing in this company is insane. Today comes more news which appears to have bamboozled an investor base with a collective IQ of less than that of a cheese sandwich.
63 days ago
Last night Wildcat Petroleum (WCAT) was forced, by the FCA, I Suspect, to issue a groveling RNS admitting that its Chairman and CEO Mandhir Singh had, in effect, lied to investors on a Director’s Talk podcast. But this is the tip of the iceberg. I have written to the FCA which is the regulator of the Standard list.
67 days ago
Rather like a celeb caught making sexist comments on social media and forced unto a grovelling apology, Mandhir Singh of Wildcat Petroleum (WCAT) has been caught telling complete lies and after hours yesterday came the confession via RNS. A “clarifying statement” is how the RNS is headed. It should be “Mandhir is a fucking liar.”
67 days ago
I start with the Mrs heading to a conference. She was map reading as we drove to the airport. We missed two turns so were late. Naturally that was my fault I then move on to the mendacity if the Autumn statement and then to naughtiness at Wildcat Petroleum (WCAT), called out by Charles Tatnall, for once a hero not a villain, as you can see below. Then it is Ariana Resources (AAU), Regtech Open (RTOP), and Victoria (VCP) which really could be a zero, Stay short.
70 days ago
As Chris Cleverly’s Tingo (US:TIO) fraud collapses in the US and he waits to see whether the SEC feels his collar as it should, back here in the UK there is news from Technology Minerals (TM1) a company inextricably linked to the stench of Lyin’ Chris. Its survival depends on the FCA approving an RTO prospectus, something any sane regulator would refuse to do.
74 days ago
I start with what I will be doing tonight and looking back on the unusual birth of my daughter then I look at Technology Minerals (TM1) and why it could be a zero c/o the FCA, Eurasia (EUA), Queeld and dodgy Russians in Cyprus, AMTE (AMTE), Atlantic Lithium (ALL), Belluscura (BELL) and Nigel Wray and Nightcap (NGHT) and dates.
74 days ago
Tintra (TNT) shareholders are currently awaiting developments in the proposed development of LRB 35 Limited’s proposal to make a tender offer to purchase up to 29.9% of the issued share capital of Tintra Plc at 150 pence per share. Mr Market doesn’t think is going to happen given Tintra’s shares are currently at a mid price of 75 pence per share.
76 days ago
I discuss the April fool without revealing which paper sent it. But apparently it is not an April Fool. Well I never. Then I look at Technology Minerals (TM1) and its problems with the FCA, Saietta (SED),Harland & Wolff (HARL) and house prices and the housebuilding stocks with a reminder of my top short idea in the sector.
80 days ago
Oddly enough Technology Minerals (TM1) – the company that stinks with numerous links to the fraudster Chris Cleverly of Tingo (US:TIO) infamy – has not mentioned this huge legal threat. I do hope it has flagged this up with the FCA as it struggles to get an RTO prospectus approved. I bet it has not.
87 days ago
I have written a letter to the regulator of the Standard List, that is to say the FCA, suggesting that it apply its own rules and suspend shares in Upland Resources (UPL) with immediate effect.
91 days ago
Having ‘fessed after hours on Friday that the supposed 14p per share, £167 million, bid was a total scam, Upland Resources (UPL) has tried to reassure investors with another statement today. I am afraid it simply does not wash and when the company runs out of money early next year, the FCA, will – as explained here – block its attempts to raise fresh funds via a prospectus and I expect it to go bust.
91 days ago
In this podcast I deal with Upland Resources (UPL) – target sub 2p on Monday, 0p in the end – and Kefi Gold & Copper ( KEFI) – target way above current levels – looking at calls for share suspensions, false attacks on bears, the role of the FCA and panicked investors.
91 days ago
I was on a road trip yesterday so only noticed the after hours ‘fess up late in the evening. Upland’s shares will be destroyed, it is a complete vindication of my coverage and some folks should be going to jail if the FCA, regulator of the Standard List, launches a criminal enquiry as it must do. Upland Resources (UPL) management are – at best – guilty of criminal naivete and negligence, To show that they are not part of a criminal conspiracy, perhaps involving the tweet below, they should be demanding an FCA enquiry – I hope you followed my short advice as these shares will, as I predicted, collapse like a failed souffle on Monday.
91 days ago
To anyone still listening: in today’s Bearcast I discuss Global Petroleum (GBP), Regtech Open (RTOP) and the ongoing failure of the FCA to address a £189 million fraud, Safestyle (SFE) and FTI Consulting and NatWest Group (NWG), its profits warning, its Farage report (a whitewash), Alison Rose and why I don’t own any banking stocks.
94 days ago
Regtech Open (RTOP) is in my view a plain fraud. Listed at 100p on August 25 its shares at peak ramp were 314p within weeks. They are now 11.5p. A peak market cap of £188 million is now less than £7 million and it may well be insolvent. Companies owned by Alessandro Zamboni of the fraud Supply@ME Capital (SYME) infamy were meant to provide loans of £2.5 million by early September but he could not dump enough stock so did not. Revised payments in 4 equal instalments totalling £2.063 million were meant to complete yesterday. Have they?
95 days ago
I start on the topic in the strapline then discuss: Upland Resources (UPL), Tintra (TNT) and other spoof bids. Then it is onto Caracal (GCAT) a clear zero in waiting, ASOS (ASC) and why Gary is wrong, Dev Clever and why the FCA has no balls, CAB Payments (CABP), Regtech Open (RTOP) and the fraud Supply@ME Capital (SYME) .
108 days ago
On Friday afternoon and throughout the weekend folks from the Upland Resources (UPL) ramping community, a group almost as pointless as Queers for Palestine, were tweeting that Upland had received a 14p bid approach but was going to reject it as being too low. This morning Upland said that as a result of speculation it was forced to confirm this was all true. That the shares are just 6.25p tells you Mr. Market smells a rat. The FCA and the Takeover panel should be all over this and shorters should be adding to their short as fast as possible.
108 days ago
Still the FCA refuses to intervene in the scandalous fraud that is Regtech Open (RTOP). The FCA approved a prospectus and the shares listed at 100p on August 25. Within a couple of weeks they were 304p. Now they are 12.5p, a loss of 87.5% in less than two months from the IPO and 97% off the peak of a couple of weeks later.
111 days ago
I have written to the Financial Reporting Council today regarding the interims of the Standard listed cons Supply@ME Capital (SYME) and Regtech Open (RTOP). Both companies are, as I have demonstrated on this website, technically insolvent and if the FCA was not so utterly clueless and pointless it would be suspending the shares NOW! But pro tem, the issue is interims on 29th September.
111 days ago
In today’s podcast I discuss Avacta (AVCT), Regtech Open (RTOP), Supply@ME Capital (FRAUD) and the useless FCA, Victoria (VCP) and Wildcat Petroleum (WCAT)
111 days ago
Yes the T-shirt is about Israel and I seem to have caused a spot of bother as I dropped the kids off. Actually it leads into the real discussion which is about gold and if it is events in Israel and Gaza which are causing its spike and why I do not expect that to last. Then a few words on the fraud that has egg on the face of the FCA ( again), that is to say Regtech Open (RTOP)
111 days ago
I start by noting that it is world Jihad day according to Hamas. But the BBC insists that Hamas are not terrorists. Whatever. I then discuss Upland Resources (UPL) and its cretinous shareholders, Regtech Open (RTOP) – surely the FCA must swoop as the shares plunge again – St James Place (STJ) and finally Canadian Overseas Petroleum (LIARS).
116 days ago
Yesterday I wrote to the FCA about the £60m con and scandal Regtech Open Project (RTOP) which it allowed to list on 25 August. Now I explain why the company is, even if scoundrel Alessandro Zamboni, has made a revised payment, insolvent.
116 days ago
I have written to the FCA which on August 25 approved an IFRS non compliant joke prospectus full of red flags allowing the con Regtech Open Project (RTOP) to list on the Standard list. Now there is clear evidence that should see the regulator suspending trading in the shares and demanding a series of bank statements and details of share trades.
116 days ago
So has Regtech Open (RTOP) received the funding due by close of play on Wednesday or not. If it has it should have announced it just to reassure investors if it has not it would be legally obliged to do so. But since Regtech and Alessandro Zamboni don’t give a FF abut the rules who knows? We all know what is going on here and the FCA’s failure to suspend the shares is a scandal.
117 days ago
There has been no RNS but i am told it has happened so I discuss all matters Victoria (VCP) in detail. I also look at Alpha Growth (ALGW), reported to the FRC today, Tintra (TNT) to be reported tomorrow and to the FCA as well, Vast Resources (VAST), Ben’s Creek (BEN), Horizonte Minerals (HZM), Imperial Brands (IMB), Chill Brands (CHLL), HS2 and my date tomorrow with the Cheshire Filth.
152 days ago
The FCA approved the prospectus for Regtech Oen Project (RTOP) to list on the Standard segment of the Main Market on 25 August. Today, just a month later there is a disaster. I have warned the FCA abut this, surely it must consider an enquiry into how it has fecked it up yet again.
159 days ago
Steve will be at Sharestock tomorrow and I think there is a lot more to come from Optibiotix (OPTI) which I kick off with in today’s bearcast. Then the scandal at Regtech Open (RTOP) for which P45s should be flying at the FCA, Vast Resources (VAST) and – a reader request- Falanx (FCS).
163 days ago
Small cap and spiv trader favourite broker Optiva has been stopped from taking on any new clients by the FCA and its existing clients are not allowed to pass new funds or assets to Optiva’s control. The mystery is why.
172 days ago
I have already highlighted issues such as the joke valuation methodology and the lack of IFRS Compliance which the clowns at the FCA seem to have missed. RegTech Open (RTOP) underwent a direct listing which meant that it didn’t have a broker scrutinising its Prospectus nor undertake any marketing on its behalf and it really shows, a few more errors for the FCA to consider, follow.
172 days ago
The FCA has failed again in its role as the body charged with approving prospectuses for companies listing on the Standard List. I refer to RegTech Open Project PLC (RTOP) which listed on 25 August with a £60 million valuation at 100p and which is now capitalized at £180 million. But it is clearly an almost worthless entity. Folks are going to lose a lot of cash. I have written to the FCA begging it to put an end to what is clearly a false market.
172 days ago
At what point will the FCA show some shame for admitting this worthless POS with a non IFRS compliant prospectus to the Standard List with a £60 million joke valuation? The shares are now 292p valuing a loss making company with (falling) sales of £1million last year and no balance sheet at £173 million. And now there is another red flag at RegTech Open (RTOP)
175 days ago
I speculate but with some informed input on what will happen. And I name some of the Standard list wronguns which will, I believe, lose their listing in 2024 as a result of what is going to happen.
179 days ago
The BBC reckons Greece will be a desert in a few years. In August rainfall here was thrice the average for the month. Today’s storm which you can hear as I record will drop more rain in one day than the whole of September norm. I also discuss Superdry (SDRY), Wildcat Petroleum (WCAT) and the knobheads at the FCA and Regtech Open (RTOP), the most overvalued share in London.
180 days ago
Of course I mean utter domestic bliss. But I may not be writing that much on Friday. In today’s podcast I discuss why PensionBee (PBEE) is a short, Tingo (TIO) and its Q2 numbers, Cellular Goods (CBX), Union Jack Oil (UJO) and also Ashington (ASHI), Roquefort (ROQ) and the FCA.
188 days ago
I start with my snake heroics of last night, surely my bravery merits some commendation. then it is Tingo (TIO) and finally the FCA created £100 million plus scandal at Regtech Open (RTOP).
188 days ago
I start with a report on extreme Greek Weather experienced today as I reported HERE. Then onto Malcolm vs Nigel and then onto a string of exposes on this website today. Will the FCA do anything? Finally there are now just five tickets left for ShareStock on 23rd September book now to get one of them HERE.
188 days ago
Patricia Murray of Liverpool has written to the FCA over both Ashington Innovations (ASHI) and Roquefort Therapeutics (ROQ). How a serious regulator can ignore what follows defies belief. Both companies are clearly utterly uninvestable. Ms Murray writes:
199 days ago
For me this really is an acid test of the FCA’s suitability to approve Standard List prospectuses. You may remember that it waived through that of Umuthi Healthcare (UHS) prepared by a convicted fraudster. It also waived through the bogus Supply@ME Capital prospectus which overstated net assets by 99%. And this week there was Regtech Open (RTOP) with a non IFRS compliant balance sheet so materially overstating net assets, the dirty dozen investors and more. But Ashington Innovations (ASHI) will take the biscuit if the FCA approves the RTO prospectus. Emails were exchanged yesterday.
208 days ago
As my investigations into Ashington Innovations (ASHI) intensify, more and more folks are coming forward. I have an absolute bombshell this weekend which, surely, even the FCA must act upon. Today a source has contacted me via Winnileaks to say how Ashington co-founder Jason Drummond used to publicly say how much he hated our numerous exposes of his antics here on ShareProphets. As you can see below, Drummond was desperate to hide the dirty washing we exposed.
208 days ago
I have already clearly demonstrated that the proposed £135 million RTO of technically insolvent Cell Therapy (aka Celixir) by Ashington Innovations (ASHI) is a complete rum and coke HERE. I have been discussing that with the FCA today. If it approves the prospectus it will be one of its biggest blunders in years. But now it gets worse.
208 days ago
If my voice holds out I shall do another bearcast later. Meanwhile I discussed the scandal of Alison Rose’s payoff. at NatWest Group (NWG) . It is symptomatic of how the 1% in the media, business & political elites live by wholly different rules and values to the 99% and why we oiks have every right to be ever more angry. Then it is onto the “dirty dozen” and the scandal of the FCA approving the £60m IPO of Regtech Open where fair value is patently zero.
209 days ago
You find me waiting for the most unreliable man in the world. No, not Darren but the Greek carpenter. All is explained. I look at Caracal Gold (GCAT), Tingo (FRAUD), Tern (TERN), Verditek (VDTK), Supply@ME Capital (SYME) and Zamboni’s new float Regtech Open Project whose £60 million valuation is such a joke surely the FCA must act to stop the con.
226 days ago
Ashington Innovations (ASHI) shares are suspended on the Standard List pending the proposed £135 million RTO of a company that is insolvent and mired in wrong-doing. The middle name of its sole director, the struck off dentist Ajan Rejinald is “scandal”. If the FCA allows this deal masterminded by, clearly morally bankrupt, SI Capital to go through it will be a massive stain on its reputation. However…
227 days ago
I start with a travel tale that has my good pal the Euroloon Jonathan Price at last seeing a benefit of Brexit. Then a schoolboy error from me today. How many folks put 2+2 together to make 25 re trades in Skinbiotherapeutics (SBTX) today. I chat with Steve O’Hara of Optibiotix ( OPTI). I have some light reading for the FCA, SI Capital and Ashington Innovations (ASHI) HERE which should sink its planned RTO. Finally, there are now just 9 tickets left for ShareStock on 23 September and you can book them HERE.
227 days ago
Yesterday I revealed that the proposed RTO of Cell Therapy into Ashington Innovations (ASHI) with a £135 million valuation was a total joke. Cell will be insolvent even if it raises £3 million in the RTO, its sole director is a struck off dentist and it is mired in scandal. I have written to broker SI Capital urging it to walk away but clearly its desire for coke and hookers money counts more than its reputation. So now to the FCA which can and should stop this bezzle.
227 days ago
Joshua is here as I record from Athens which tempers my language. I discuss our travel experience and then it is onto tern (TERN), Hydrogen Utopia (HUI) and the scandal at Ashington innovations (ASHI), where the FCA must surely wade in. Finally I apologise on behalf of Darren, the latest video is working now HERE
228 days ago
A day after Jason Drummond quit standard listed Ashington Innovations (ASHI), its shares have been suspended on the Standard List for an RTO which, even the FCA must surely block. The struck off dentist, the history of bogus deals and a valuation of £135 million for a company late with its filings and technically insolvent is surely just too much for the FCA to allow. I have already contacted a responsible fellow at broker SI to suggest that its rogue employee Jon Levinson who is masterminding a raise here has gone too far. The FCA is next up, when I get to the Greek Hovel and can work with a clear mind.
230 days ago
I discuss Gary’s sacking then a monstrous lapse of judgement from Darren which surely merits a P45. Then the ouzo moments regarding Asimilar (ASLR) and Dev Clever (DEV) and who should be going to jail if the FCA was not so ffing useless. Finally, we now have just 11 tickets left for ShareStock so if you want one book now HERE
265 days ago
Last week Caracal Gold (GCAT) gave an update for investors where, natch, it did not give us key metrics such as the (lack of ) cash position. It did, however update, us on the position re getting FCA approval for a prospectus which would allow it to issue gazillions more shares so diluting mug punters to buggery. “The company submitted the first draft of the prospectus to the FCA for approval on 18 April 2023. The company is working with its advisers to seek approval of the prospectus by the FCA and will update the market in due course.”
270 days ago
The FCA Investigation into Wandisco (WAND) and its fraudulent sales continues. I wrote to it last week about the way that ex CEO Dave Richards MBE and CFO Erik Millar were given huge bonuses solely because of fraudulent sales figures. Now I have written again on the subject of payoffs.
273 days ago
The FCA should have suspended trading in the shares of Cineworld (CINE) weeks ago as I explained HERE but its crack team of regulators was too busy on the latest report into how the transgender pay gap in financial services is causing global warming to actually bother applying its own rules. But today the shares have been suspended. It is game over. They are officially worthless. Having called them as a sell at almost 200p that’s an ouzo on cornflakes moment for myself.
273 days ago
The FCA Investigation into Wandisco (WAND) and its fraudulent sales continues. I do not expect it to affect the business going forward but I hope that it results in ex CEO Dave Richards MBE and CFO Erik Millar being thrown to the wolves if not into jail. I have dropped the FCA a note focusing on the issue of 2022 bonuses, as you can see below
273 days ago
There is a virtual annual meeting on October 4 from 10 AM to noon. The main purpose is to approve the annual report and accounts of the FCA but folks, anyone even me, is allowed to register and attend and can pre -submit questions. No doubt what the FCA will want to be quizzed on is what it is doing to achieve carbon net zero and to close the LGBTQA+ pay gap within financial services. But…
274 days ago
Evil Banksta is the sort of naïve chap who thinks that the FCA actually bothers implementing its own rules. If I had a bridge to sell I know who I’d be selling it to. He has again written to the FCA pointing out that the crack regulators are ignoring their own rules regarding Cineworld (CINE) in not suspending the shares at once for a failure to publish results. The credulous fellow writes in his own name:
284 days ago
I am not sure about the home made honey ice cream, I shall report back tomorrow. Meanwhile I discuss Mirriad (MIRI), Canadian Overseas Petroleum (COPL), valuing oil E&P plays, Zephyr Energy (ZPHR), today’s ouzo moment with Scotgold (SGZ), target price 0p and a full investigation by AIM regulation and the FCA, and Totally (TLY)
286 days ago
I show you Mr Monk’s plan below and explain why it is total bunkum but invite you to comment on it in the comments section below. Then it is on to Bidstack (BIDS) and the sixth stage of grief, Canadian Overseas Petroleum (COPL), at about stage 4, Cineworld (CINE) and more proof that the FCA is useless and finally Alba Minerals (ALBA) and its Welsh pump and dump.
290 days ago
I see that there are plenty of AIM suspensions for non-publication of accounts this morning, however the FCA has ignored the one main-market company that hasn’t published its accounts and for which it is responsible.
325 days ago
Tomorrow is an 18-20 mile training walk for Rogue Bloggers for Woodlarks. Please do think of how that will hurt, and to avoid more about Brokerman Dan’s underwear donate HERE. Then I look at the Chill Brands (CHLL) Blackpool spoof after today’s shocking expose HERE and why this can only happen on the Sub Standard List on the FCA’s watch ( no sniggering at the back!) Then woke campaigners like the wretched Church of England, Shell and light beers ( two of them).
325 days ago
The FCA always tells us, when not lecturing us on climate change or the need of the financial services industry to employ more lesbians of colour, that past performance is no guide to the future. But the thing is that it very often is an excellent guide to the future. And that is one of the reasons why I have always regarded Bens Creek (BEN) as an accident waiting to happen.
334 days ago
Yet again I have written to the FCA about how, as the regulator of the Standard List (no sniggering at the back), it MUST intervene as Canadian Overseas Petroleum (COPL), a company facing a massive cash crisis, has deceived investors in the UK yet again.
334 days ago
Today’s results announcement is a disgrace, omitting a clear and explicit warning that Canadian Overseas Petroleum (COPL) may go bust. I shall flag this up to the FCA which, no sniggering at the back, regulates the Standard List. I doubt it will act but you never know. Meanwhile there is another non-disclosure which should alarm investors.
340 days ago
Roquefort (ROQ) was a Standard List shell brought to market by the scumbags at Optiva as s shell in March 2021, raising a Bernie at 5p - I did warn folks about it HERE. Its shares are now suspended at 6.75p as it could not get its accounts out on time. But the history of the main player, CEO Ajan Reginald should be telling you that this is a monumental bargepole and everyone involved, from the FCA downwards should be highly concerned.
340 days ago
The FCA claims that its £235 million deal with Link, the administrator of the Neil Woodford funds, secures a 77.5p in the pound return for investors. Lawyers Harcus Parker claim that is a lie and, acting for thousands of victims, says it will fight on. The private letter making this claim has fallen into our hands and we publish it in full below.
356 days ago
I end with my wife volunteering me and the kids for enforced community jollity as she heads off for a night on the lash. It is a good job I am such a progressive husband. I start with a personal finance tale and mortgages then look at how the FCA could be culling a raft of Standard List dogs at a stroke within months. Then I look at Supply@ME Capital (SYME), Argo Blockchain (ARB), Pensana (PRE) and, in detail, at Bidstack (BIDS).
356 days ago
I guess we will have to wait for the FCA enquiry as the internally driven enquiry by FRP Advisory does not address the key issues at Wandisco (WAND), until recently a $1 billion Unicorn. It appears to be a whitewash.
357 days ago
Yet again I find myself writing to the FCA in its capacity as the regulator (no sniggering at the back) of the Standard List about Guild Esports (GILD), the penny share hustle company that has transferred almost ten million pounds from mug investors to Mr David Beckham. I believe that it has sinned again. Last time I complained, the FCA forced Guild to restate its issued annual results. So here we go once more.
363 days ago
I start with a personal financial question: my SIPP – for reasons I shall explain – has a wodge of cash. Should I stay in cash, invest in a safe 4%+ yielding FTSE 100 stock or add to holdings in Skinbiotherapeutics (SBTX) or Jubilee Metals (JLP). Then to economics. the chart below is pinched from Guido and I discuss what it means for UK PLC. Then I look at the 2 matters the FCA should be investigating at Guild ESports (GILD), at Tern (TERN) and at strange matters at BlueJay Mining (JAY), a perma-dog, IMHO, which is always a short.
371 days ago
The FCA yesterday announced that subject to investors in Neil Woodford’s Equity Income Fund agreeing and to ACD Link making planned disposals then in due course punters would be receiving £235 million in compensation. That will claw back some of the losses folks suffered and I am sure that investors will welcome the news and support the package. But, the real villains are still sitting on £100 million of ill gotten gains.
394 days ago
This morning (sub) Standard Listed Wildcat Petroleum has told a blatant lie, not its first of course, as it has restated its interims. Worse still it has still made a howling schoolboy error! Let us start with its latest porky pie.
394 days ago
I start with Tortilla Mexican Grill (MEX) where, as is his wont, young Steve Moore was far too generous yesterday in calling at an avoid. I do the hard maths and it is in deep merde. Then it is onto UK Oil & Gas (UKOG), Pennpetro (PPP), Predator Oil & Gas (PRD) and the bloody useless FCA. Finally Skinbiotherapeutics (SBTX) before, principally to annoy poster Magna Carta, a few words on why I ask you to donate today to Rogue Bloggers for Woodlarks - you can do so HERE
402 days ago
The FCA and Aquis Regulation are already investigating this scandal and so, with a hat Tip to in-house BB genius PL, I post the question as to whether on two counts, VSA Capital’s (VSA) star client Silverwood Brands (SLWD) has twice breached the Companies Act. If it has, surely VSA’s CEO Andrew “have I mentioned that I went to Oriel College Oxford, Monk needs to issue a profits warning.
402 days ago
On Friday 17 March 2023 Wildcat Petroleum (WCAT) of the Standard List sewer published its half year numbers. On Saturday in two articles HERE and HERE I detailed the EIGHT material errors within those statements which meant the P&L, balance sheet and cashflow statement were all wrong. I alerted advisor Ross Andrews to those articles on Saturday morning suggesting a Monday morning restatement was needed.
403 days ago
Doesn’t the FCA have rules that cover this? If not it should but I suspect it does and if its staff can take a few minutes out from reading ESG porn they should force Canadian Overseas Petroleum (COPL) to ‘fess up to how it is, again, deceiving investors regarding today’s additional financing.
410 days ago
Yesterday we learned of the mammoth fraud at Wandisco (WAND) which may well sink it. Bulls always pointed to huge forecast earnings but while the FCA always tells us that the past is no guide to the future it often is. We perma bears pointed to the actual numbers.
420 days ago
Following up on this expose HERE regarding the dumping of shares in Powerhouse Energy (PHE) by Howard White and his two sons I have written to the FCA asking it to investigate whether Mr White is guilty of market abuse as a result of market manipulation. I believe that without any doubt, he is.
422 days ago
Not revealing shareholding changes via a TR1 in a timely fashion should be a criminal offence but is not. It is – in my view wrongly – treated rather like picking your nose and swallowing the bogies in public, as naughty but not serious. And thus, the rules are widely ignored and abused. Yesterday Howard White and his two sons ‘fessed up to ignoring the rules with regard to dumping Powerhouse Energy (PHE) shares. But old Howard is also guilty, in this case, of market abuse. This is black and white and the FCA really should act.
427 days ago
I now have it double sourced that the supposed deal between Versarien (VRS) and Superdry is just bull. It is dead. Not that it was ever alive. What is even more shocking is how the regulators have treated this allegation that Versarien has lied to investors.
431 days ago
On 17 February 2023, Standard Listed Zamaz (ZAMZ) attempted to kick the debt can down the road to avoid defaulting on its debt repayment. The key text of the RNS announcement is below:
433 days ago
The FCA has today published its final report into the wrongdoings at loan shark Amigo (AMGO) and it is damning but, other than a public censure, there is nothing it is going to do about it.
441 days ago
445 days ago
Why on earth did the FCA approve the Standard List prospectus of Zamaz (ZAMZ), the new dog created by Dominic White of the fraud Supply@ME Capital (SYME) infamy. The £77 million valuation was a joke as I explained HERE. But more importantly, we can now say that almost nothing in that document was real.
447 days ago
The FCA appears to be plodding on with its enquiry into Caracal Gold (GCAT) despite the company admitting to a litany of wrong doings including share trading by its CEO Robbie McCrae while sitting on price sensitive information (insider dealing to you and me) and massive breaches of the disclosure rules. This is an open and shut case and McCrae should be in prison. There are also questions for Andrew Monk of VSA Capital. I have sent another letter to the FCA which regulates ( no sniggering at the back) both the Standard List where Caracal’s shares are traded and also Mr Monk and VSA.
448 days ago
I start with an apology for Canadian lie-ins. Then I look at Darktrace (DARK) – Gabriel Grego’s new target, at Caracal Gold (GCAT) and 2 questions for Andrew Monk as the FCA enquiry continues, ITM Power (ITM) and David Beckham stock market disgrace Guild ESports (GILD) and why its deception today matters.,
448 days ago
I do not wish to be obsessive but yet again we find that companies on the Standard List, which is regulated by the FCA ( no sniggering at the back), as opposed to the AIM Sewer, are issuing abridged results which, as a result of highly material omission, actively deceive investors. Canadian Overseas Petroleum (COPL) is a pioneer of such deception but David Beckham’s Guild Esports (GILD) has today taken this to a new level. I have written to the FCA
451 days ago
The adviser to disgraced and technically insolvent Caracal Gold (GCAT), Mr Andrew “the Monkey” Monk of VSA Capital has yet to reply to any of my letters about the insider dealing, undeclared share trades and pledges, undeclared death spiral and tardily declared failed fundings. But he should know that I write to assist him and that I am not on a fishing trip, just trying to assist my old friends at what the Monkey terms Very Sexy Andrew Capital. In that spirit of friendship I have written again, ccing in the fellows at the FCA who are investigating Caracal and its bent board.
452 days ago
In today’s Bearcast I look at Zamaz (ZAMZ), Love Hemp (LIFE), Mirriad (MIRI) and in depth at Versarien (VRS) as its shares slide again ahead of what will be appalling results and an auditors warning within 10 days. Neill Ricketts…it could not happen to a nicer bloke.
452 days ago
A source close to the enquiry confirms that the FCA criminal investigation into Julie “Lingerie on Expenses” Meyer has been ended. She is a free woman. Well apart from that outstanding High Court arrest warrant and unpaid tax bills in the UK, Malta and America and an unsatisfied six figure personal guarantee to Barclays Bank.
452 days ago
Yesterday I started what is likely to become a series on why Caracal Gold (GCAT) is a zero with shocking revelations HERE. There is more to come. But already there is clear evidence that Caracal has breached market rules in a most serious way not once but twice. Sanction against Caracal, its CEO Robbie McCrae and possibly its advisor and the main promoter of its shares, VSA Capital, is now clearly merited. I have written to the FCA which is the regulator, no sniggering at the back, of the Standard List where Caracal is quoted and also of Andrew Monk’s VSA.
453 days ago
I refer at the end to a podcast on the Northern Ireland census I recorded today. Honestly it is more interesting than it sounds and is HERE. I start with Malcolm’s failed career as a bear and where blue chips and small caps go from here. Then onto our bombshell on Caracal (GCAT) today HERE and all the other red flags and why it matters that the FCA acts on this one.
453 days ago
If the name Caracal Gold (GCAT) does not ring a bell, count yourself lucky not to have this dig in your portfolio because it is a zero and one where the FCA should be crawling all over everything. Until 16 months ago, Caracal went by another name.
457 days ago
Yesterday’s deeply discounted bailout placing at 0.18p will have stunned some shareholders in nanosynth (NNN) who thought, as a result of RNS releases made in August and September, that the company had raised almost £3 million and was fully funded. That was a deceit. I believe that CEO Mark Duffin, PR firm IFC Advisory and Nomad SP Angel may be guilty of market abuse and have asked both AIM Regulation and the FCA to consider the matter.
461 days ago
Not for the first time I find myself writing to the FCA as the regulator, no sniggering at the back, of the Standard List. And not for the first time it is about Canadian Overseas Petroleum Limited (COPL) which appears to be in terrible financial trouble and is now, apparently, breaking listing rules. This company’s shares should be suspended at once pending a statement. The letter is below.
461 days ago
Julie “Lingerie on Expenses” Meyer, does not appear to have turned over a new leaf at the start of 2023 as the filing made at Companies House on January 3 which is below, appears to show. Meyer kicks off 2023 by lying.
467 days ago
I start with some nerd like comments about river and reservoir levels in North Wales. Bear with me. This will be interesting I promise. Then Bidstack (BIDS) and what questions today’s shocker begs about the pre-placing interims. Surely the Nomad ( SPARK) and AIM Regulation must investigate. Then Okyo (OKYO) where post podcast recording the company has published interims on its website. Technically it missed the deadline and the FCA – whose conversations with me I discuss – must take this further. As it happens the interims are truly appalling and red flag strewn as I discuss HERE, Then I discuss Lucian’s two big oil shorts: Pantheon Resources (PANR) and Canadian Overseas (COPL). He is right on both IMHO. Finally a few words on Helium One (HE1)
467 days ago
As I pinged emails to and fro with the FCA about Okyo’s (OKYO) failure to publish proper results on Friday which should have led to a suspension at 7 AM but did not as the FCA is useless, Okyo has ‘fessed to the bad news.
468 days ago
Okyo Pharma (OKYO) has not updated its website and so has still not filed results which include a P&L, balance sheet or cashflow statement. I have alerted the FCA to this and in a normal world the shares would be suspended. But this is the FCA which will be too busy reading woke porn to actually do anything. So what might Okyo be hiding?
479 days ago
I have commented extensively on this issue. I cannot understand how Odey is not both creating a false market in shares in Advanced Oncotherapy (AVO) – so inflating its AUM – but also knowingly and deliberately losing money for clients. I have written to the FCA asking it to examine the matter
Request that you investigate Odey Asset Management over share dealings in Advanced Oncotherapy
482 days ago
We all know the sort of wretched individuals who pump and manipulate small cap UK stock prices on twitter by telling knowing falsehoods but the FCA, despite being provided with evidence does SFA. In the US it is different. A release from the SEC shows how to do what the FCA refuses to do because it is too busy monitoring how many lesbians or BAME folk sit on the Climate Change committees at UK PLC.
483 days ago
I start with macro economics and why I am so bearish on UK PLC. Then to Purplebricks (PURP) and the housebuilders in light of today’s shocking warning from the UK banks on mortgage lending prospects for 2023. Then Parsley Box (MEAL), Vast Resources (VAST) as the trap door approaches and Advanced Oncotherapy (AVO, Odey Asset Management and the FCA. I may be wrong about this but I’d like the FCA to have a butcher’s. Finally a big thank you from me on helping us raise all the money needed for the Woodlarks Christmas Grotto appeal.
525 days ago
Shares in Dev Clever (DEV) remain suspended as, after 11 months, the FCA is still refusing to sign off on a RTO prospectus. But that is the least of Dev’s worries, it must surely be bankrupt by now, how about its advisers, those fine fellows at Novum, cobble together an October 31 year end trading statement. Here is the maths:
529 days ago
It really is an ouzo on cornflakes day. Not only has Gerry Brandon been fired but the FCA has won a legal victory in its attempts to nail the fraudsters behind Globo (GBO) an AIM listed scam I warned about, doorstepped in Athens and eventually helped bring down by publishing the dossier of my pal Gabriel Grego.
542 days ago
There has been news but no RNS. So for 24 hours there has been a false market in Cineworld (CINE) with morons now buying the shares at c8p or higher. They are misunderstanding what has gone on in a void as Cineworld has issued no RNS statement. This is a regulatory disgrace, which again shames the FCA, but take advantage of it and short the feck out of the shares.
543 days ago
Those who read our devastating series of exposes on Umuthi Healthcare (UHS) will have been in now doubt that company brought to market here in London by the fraudster Queen, was a fraud. The real scandal was that the FCA ignored all the red flags to allow a listing. At least, in the end, it gave Umuthi the boot. Umuthi appealed but that appeal was last week rejected
553 days ago
Time and time again I warned on this website that Appbox Media and OneTrueView were boiler room scams. In all £65 million was stolen from investors who have lost everything. I did contact the FCA about this matter and in May this year, Mark Steward Executive Director, Enforcement and Market Oversight finally replied. He washed his hands of the matter which is good news for the chaps involved as they are at it again! Maybe they can take the total stealings to £100 million while the FCA sleeps.
555 days ago
Even the Mrs was laughing this morning as I reminded her of how investors in Quindell and a couple of other frauds I exposed lined up to crowd fund Aiden Earley as he tried (twice) to injunct me and force me to take articles down. We defied the threats and those articles remain up to this day on this brave and courageous website and the trove of documents I dared to publish were all passed on to the FCA. The FCA has now charged Earley, his brother and 3 others, the Worthington 5, and they appeared in Court yesterday. As I scuttle off for a celebratory ouzo here is what the FCA states:
556 days ago
I have written to both AIM Regulation and the FCA asking them to explain why Verditek (VDTK), the solar panels company chaired by Tory toff Lord David Willetts, has not – again- committed fraud. Surely there must be consequences or do the regulators think that crime should pay?
561 days ago
I explain what the other is and why I deserve a glass of the nectar of the God’s later. It is all to do with Deepverge (DVRG) and the vindication of yesterday’s scoop. I also explain for BB Moron Stuart Little why breaking the news of the placing was not only not illegal but was a real public service by me and also why I shall be writing to the FCA later asking for it to investigate placings by Turner Pope and Turner Pope’s clients. Ben and James, a.k.a. the Mitchell Brothers, that letter is not “market speculation” it is fact you dimwitted bellends. Then it is onto Argo Blockchain (ARB), Vast Resources (VAST) and to Wildcat Petroleum (WCAT).
561 days ago
After my earlier note on the howlers in the Supply@ME Capital (SYME) Prospectus signed off by the poltroons at the FCA, I can now reveal that there are even more compliance related blunders in the Prospectus.
561 days ago
The FCA must approve any prospectus for the Standard List and it has approved that for the fraud Supply@ME Capital (SYME) so allowing it to issue more of its worthless shares. At a proper regulator heads would roll for these massive blunders.
575 days ago
Alpha Growth (ALGW) published its piss poor results for the six months ended 30 June 2022 today which showed a loss before tax of £454,635. The shares were off 7% at the time of writing this article which values the group at £11 million a multiple of almost 4 times net assets. This looks high compared to say Legal & General (LGEN) which runs asset management and insurance operations with longevity exposure which trades at a multiple of just over 1 times net assets, has massive scale and pays dividends. Alpha is less likely to join the dividend list than, well, Cheryl Cole and you know what.
579 days ago
A good portion of the business of Jarvis Securities (JIM) is providing the back office and custiodial functions for small brokers which don’t have the scale to do this for themselves. Clients include the disgraced Pello. It seems that a number of such firms have been onboarding the sort of clients who engage in certain practices which the FCA might frown on. And thus the FCA has forced Jarvis to halt all Model B clients from taking on new clients while a hugely expensive external consultant establishes what has been going on and what remedial action needs to be taken. Thanks to Winnileaks, the letter Jarvis sent is below.
580 days ago
The FCA has confirmed to me that it is looking into whether Paul Griffiths, the chairman of Predator Oil & Gas (PRD) is guilty of insider dealing. If so it would be the second time in two years that a Predator director has behaved in this way. In the paid for interview below, Griffiths hit back but not by addressing or denying the allegations. Gosh this man is vile and menacing.
582 days ago
The FCA has warned a potential purchaser of fund administrator, Link, that it must provide up to £306 million to pay fines for Link’s Woodford blunders. Some of this may go to the victims of Neil Woodford. But there are likely to be other measures handed out by the chocolate teapots.
588 days ago
I contacted the FCA yesterday asking how on earth it signed off on the prospectus for Standard Listed Zamaz (ZAMZ) last week. As a recap, colourful Dominic White of the fraud Supply@ME Capital (SYME) infamy will make a guaranteed Bernie on day one and for sub £100,000 gets to own 41% of the equity. There is sod all free float. The IPO valued this crock at £77 million but it is in reality worth net cash raised (£2 million) and £125,000 for the underlying business (max) as I explained HERE.
589 days ago
I start with a few logistics on Sharestock, the opt in for booking supper with my family and how you have just 60 hours to book a seat HERE. Then onto Parsley Box (MEAL) and the sex pest I exposed last week HERE before contacting the company., Cineworld (CINE), Avacta (AVCT), Zamaz (ZAMZ) and the useless FCA and the related party or not shenanigans at Alien Metals (UFO) and its Nomad (London’s worst) Roland “Fatty” Cornish.
589 days ago
When someone eventually does something about the FCA, the £77 million IPO of Zamaz (ZAMZ) on the Standard List with a prospectus signed off by the FCA will be a case study in its shocking ineptitude and inability to tackle bad actors
590 days ago
I end with some logistics on Sharestock, booking for supper, tickets etc – we are now looking at almost 80 seats on the lawn. If you want to book yours please do so this weekend so I can sort out catering etc HERE. I start with economics lessons for the NHS and greedy and lazy Shipmans, then onto Cineworld (CINE), then thanks to Evil Banksta, what is an RCF and musicMagpie (MMAG). Finally today’s new issue Zamaz (ZAMZ) a £77 million IPO worth, £350,000. This is a true shocker. What is the FCA thinking about in permitting this to list on the Standard List?
604 days ago
I hope this is fairly self-explanatory and that the regulators will launch a swift enquiry if only to show that on the world’s most successful growth market, nothing so tawdry has occurred at that hotbed of scholars and gentlemen that is Tern PLC (TERN)
606 days ago
You might think that disgraced fund manager Neil Woodford and his business partner Craig Newman would want to lie low with their ill gotten tens of millions until the FCA enquiry into them was concluded. But perhaps you cannot keep a good man down.
611 days ago
Yesterday I asked HERE if I should report Bell, the marmite boss of Red Rock Resources (RRR) to the FCA for selective disclosure of ( very good) news. Bell says he is an innocent man and explains why below. Do you believe him? Over to Mr Bell, Prisoner Number CB9298 says:
613 days ago
If Steve Holdsworth has not passed away as I was told I hope he enjoys what I have to say about him. If he has that is my greatest loss today although I do also discuss Optibiotix (OPTI) and Skinbiotherapeutics (SBTX) in detail, the two battering the value of my pension fund. I won’t push Steve O’ Hara in the River at Sharestock but if he brings his chairman I’d be tempted. Grilling O’Hara in person over a Wrexham lager is surely another reason for you to book HERE. The number of seats now needed: 74. Join the crowd on September 10. I discuss Red Rock Resources (RRR), Allied Minds (ALM), Canadian Overseas Petroleum (COPL) and, on behalf of a convalescing Nigel Somerville, Haydale Graphene (HAYD).
613 days ago
These chaps are two pillars of the establishment. Gent has been CEO of Vodafone (VOD) and Chairman of GSK (GSK). Clarke has been running companies including Majestic Wine since he stopped being a CSFB bankster in the early nineties. And he went to Rugby and Oxford so is a true scholar and a gentleman. Okay, Eales is a relative oik.
613 days ago
A spokesman for Ironveld Resources (IRON) denied to me yesterday that sitting on price sensitive information for at least 6 weeks during which time the share price slumped by 30% as some folks “miraculously” knew the bad news, is not doing anything wrong. “The company does not believe that it has done anything wrong”. Neither do 90% of the inmates of Wormwood Scrubs. Whatever you say Giles Clarke and Martin Eales.
613 days ago
Undertaking an analysis of Supply@ME Capital’s (SYME) share register is made much simpler by the use of the platform Simply Wall St. This is an online app which is free to use for a limited number of companies. You can obtain the following summary for the apparent current shareholders in Supply derived from public sources by Simply Wall St. The summary analysis prepared is set out below.
617 days ago
The financial adviser to Predator Oil & Gas (PRD), Peterhouse Capital has already resigned because of the share dealings by Mr Griffiths and it may well have contacted the FCA – as the regulator ( no sniggering at the back) of the Standard List and the guardian against financial crime ( STOP sniggering!) about the matter. Just in case it has not, I have written today.
617 days ago
Today Predator Oil & Gas (PRD) has raised £3.3 million in a placing at 5.5p. This stinks and begs massive questions about share dealings by chairman Paul Griffiths. The FCA and regulators should be all over it.
621 days ago
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.
632 days ago
The whisteblower tells truly salacious stories – I shall speak to them at length, later. I discuss FinnCap (FCAP), the fraud Supply@ME Capital (SYME), IQE (IQE), the chocolate teapots at the FCA, and MGC Pharmaceuticals (MXC). Gotcha!
634 days ago
I have written to the FCA, which is the regulator – no sniggering at the back, please – of companies on the (sub) Standard List, like the fraud, Supply@ME Capital (SYME). A statement is now overdue, for clarification of whether or not its boss, Alessandro Zamboni, has covertly dumped shares.
637 days ago
Toople (TOOP) has always been a dog with fleas and anyone owning the shares, down another 28% today to 0.021p has only themselves to blame – the loss since launch is now 99.75%. But today’s statement seems to contain an admission of an obvious and monstrous lie told in an RNS before Christmas. Is low life adviser Novum happy with its clients lying to investors? I suspect it doesn’t care as long as it is paid but I’d hope that the FCA would care.
664 days ago
Finally, a year after its shares were suspended for the second and final time just a few months after its IPO, South African fraud Umuthi (UHS) has been booted off the Standard List by the wretched and useless poltroons at the FCA. The regulator is rather coy as to what is going on, perhaps because of its own incompetence in admitting this POS to the market in the first place.
671 days ago
Supporters argued that incompliance with listing rules was of no great import and, as the FCA agreed, perhaps they were right. Hopefully, you did not fall for that and bailed, at 115p, on my warning last August. Shares in this Optiva-promoted dog’s breakfast are now 35p. It is not what is said today, but what isn’t.
671 days ago
The company headquartered on a grim Staffordshire estate - which claims to be a “global player” – is in all sorts of trouble. Its shares remain suspended, as the FCA refuses to sign off on a deal, announced on 12 April 2021. Meanwhile, where are the (undoubtedly piss poor) numbers for year to October 31 2021? To them, first.
686 days ago
It is just two days until Rogue Bloggers, and we have raised more than £20,000 (with gift aid). Let’s try and reach £25,000. I discuss rain, nettles and the inevitable pain on Saturday. Please donate, HERE. Then, the twit of the day contest: Boris v Harry of Kefi (KEFI) v Mark Steward, who has disgraced himself on Genflow (GENF). I then discuss Nostra Terra (NTOG) (praise be the lord), with a target price of 0p; the fraud, Supply@ME Capital (SYME); another Steward screw-up; and ITM Power (ITM).
693 days ago
Last week, I exposed how Standard Listed company, Genflow (GENF), was created by a convicted pump-and-dump fraudster, currently facing an 85-year prison sentence. He and his “known associate”, Mr Adrian Beeston, supposedly own 20% of the equity, for which they paid peanuts. That alone should trigger an FCA enquiry, but it gets worse.
695 days ago
After yesterday’s bombshell, HERE, the FCA must suspend trading in Genflow (GENF) shares. My letter is below.
703 days ago
I suppose the criminal pump and dumper Ron Bauer might argue that it is he who has suffered reputational damage from dealing with Gavin Burnell of Globo (GBO) fraud infamy but a shocking new document has now come to light which begs massive questions for Burnell, Matt Lofgran of Nostra Terra (NTOG) and indeed of the FCA.
705 days ago
At 4.05 PM yesterday Amigo (AMGO) announced that the High Court had approved its reconstruction and revised new business scheme. With the FCA having withdrawn its opposition to the scheme, following revisions, that was no shock at all. And seeing the shares fly to 9p at the open was also no great shock given the utterly insane ramping by Bulletin Board Morons and others of this Parish who should know better. But the shares are now back at 7.5p and are a fabulous short.
723 days ago
If the FCA was not so bloody useless it would have closed down Alexander David Securities Limited (ADSL) for acting for overt frauds such as US Oil & Gas (USOP), helping them to con investors and raise money which they will never see again. But no.. the FCA waited to act until June 29 2020 and it was not ADSL’s own crimes that landed it in the soup.
725 days ago
How investors wish that the FCA had dealt with my previous letters as a responsible regulator of the Standard List would have done. But it did not, and thus, earlier this week, the fraud, Chill Brands (CHLL), announced a bailout placing at just 2p. Unfortunately, it is clear that on a number of grounds, investors were deceived ahead of that fundraise. I have written to the FCA.
744 days ago
I have written once again to the FCA, as the regulator of the Standard List, urging it to act against Canadian Overseas Petroleum (COPL) as it struggles to get its 20p-a-share bailout placing away, despite misleading investors. My letter is below:
766 days ago
Over the past few weeks a chap called Greg Smith and his side kick Jeremy Read have been schmoozing folks in London and Paris to raise $7 million for a company called Latin America Resources. There is a glossy investor deck which I have talking about gushing oil production in the Atzam field in Guatemala and some folks may have been tempted. I suggest that investing in this company without knowing the REAL 20 year back story is financial suicide.
768 days ago
This is awful. After a number of communications between myself and the FCA, the regulator of the Standard List, the fraud Chill Brands (CHLL) has been forced to come clean on its related party “loan”. And the truth is awful. Chill now admits that nearly all of its H1 sales were in fact booked to a key shareholder which has not paid for the product bought. This is a pig and pork fraud as I suggested in THIS podcast sent to the FCA the other day.
781 days ago
The FCA has today indicated that it will not object to the proposed recapitalization and customer redress package proposed by loan shark Amigo (AMGO) but there are a few horrid caveats and a near doubling of the share price to 6p is quite literally insane making this a slam dunk short. Here’s why.
782 days ago
With Chill Brands (CHLL) the only question is when the end game is played out. In this podcast I discuss the nature of fraud and suggest how it is possible that the company is a 100/100 fraud on the spectrum of crime becuase it may have committed a pig and pork type fraud for c£1 million. This podcast has gone to Mark Steward and his team at the FCA asking that it makes an urgent enquiry and if the answer is yes it is suspension and game over. If the FCA is as useless as ever the auditors will cry fowl in the summer and it is game over then. But i am 99% sure that this is a pig and pork and I believe the smoking gun is there for all to see.
782 days ago
I last wrote to the FCA as regulator, no sniggering at the back, of the Standard List, about the almost insolvent fraud that is Chill Brands (CHLL) on 31 January, just five weeks ago when for a second time I flagged up how it was deceiving investors with sales announcements that are bogus. Npw it is a 3rd strike on this count and the FCA needs to suspend trading in Chill shares pending an enquiry and sanctions against its management team and advisers Allenby. I have gone to the head of enforcement Mark Steward with the letter below.
785 days ago
On 15 February 2021, the administrators of High Street Grp filed its statement of Joint Administrators Proposals. I hope that the FCA which ignored our numerous warnings on what could be the largest mini bond scandal ever, a more than £200 million black hole, feels truly ashamed about what we discovered.
786 days ago
Yes it is Mrs Darren Winters and I’d send the snake oil salesman to the salt mines of Rotherham too. I have spoken to a £35,000 victim this morning and this really is a stain on UK financial services that I hope the FCA will finally act on after 25 years of doing nothing. I explain why I hope they might.
795 days ago
Yesterday I suggested that Paul Smith, the now ex CEO of Morses Club (MCL), was slam dunk guilty of insider dealing and that the FCA should cuff him at once, a matter most of the nationals have picked up on today. But there is one reason why the FCA might not want to throw the book at the hapless rogue Smith as you can see below.
797 days ago
Today Morses Club (MCL) served up a horrible profits warning and announced that its CEO Paul Smith was leaving with immediate effect. The shares have crashed by 26p to just 15.95p. But last last week one lucky trader dumped 464,119 shares at 42.65p almost his entire holding. That lucky trader was Paul Smith. If this is not insider dealing I am a banana. Here is the timeline and why the FCA MUST feel Smith’s collar asap.
805 days ago
The Transparency task Force, very closely related to my pals at the All Party Parliamentary Group on Personal Banking and Fairer Financial Services has a call to arms about a new scandal, another billion pound failure by the FCA.
813 days ago
Since the Standard List is regulated – no sniggering at the back – by the wretched FCA, lying to investors about the nature of a transaction is probably not considered to be a problem. Here is a deception and rule breach served up by the soon to be insolvent fraud Chill Brands (CHLL) on December 20 2021.
817 days ago
The real issue with the fraud Chill Brands (CHLL) is that it could run out of cash within two weeks. It is teetering on the verge of insolvency: the FCA IS NOW looking closely at interims from last week which imply that THREE trading statements in 2021 announced, what are now, clearly bogus sales and meanwhile its main ramper, the lying rule breaking John Story who said the shares would go to £25 is bailing as fast as he can. Today we have news from Spreadex.
817 days ago
Do you remember when Gulf Keystone (GKP) was the darling of the Bulletin Board Morons? Its market cap surged to £1 billion as its lying charlatan of a founder and CEO Tod Kozel claimed it had reserves greater than Shell. The self described “Tod Squad” of Bulletin Board worshippers insisted that folks like myself, Lucian and Was Shakoor who called out Tod’s bogus claims and the insane valuation were being reported to the FCA and would go to jail. Oh what sweet irony…
818 days ago
Shares in Chill Brands (CHLL) were 76p when I published that 60 red flag dossier last February – they are today at just 9.25p, the lowest since July 2020. They are falling sharply again today on the back of Friday’s interims which showed sales in the six months to September 30 which were only about half the level of sales already announced in three separate RNS statements covering the same period. I have again written to the FCA.
819 days ago
I start with the Carrie Antoinette “victory party” a few weeks after my dad’s funeral.This is the final straw at somany levels. Then I move onto news that the FCA staff are balloting on strike action over plans to scarp their bonuses. Then to lessons learned from the Novacyt (NCYT) scandal – where I did warn you! The chief lesson is that poor corporate governance often goes hand in hand with poor share price performance. I discuss ADVFN (AFN) in this vein.
821 days ago
In light of interims today from Standard Listed Chill Brands (CHLL) which show clearly that the company has lied to investors in inventing bogus sales which it then announced via RNS, I have written to the FCA which is the regulator – no sniggering at the back – of the Standard List. Surely announcing bogus sales cannot be acceptable?
838 days ago
In a world where anyone gave a rat’s arse about the rules, ADM Energy (ADME) CEO Osamede Okhomina would already be doing a stretch for his offer to buy shares at 7p made last August after a conference call at which all participants were told by ADM’s chairman Oliver Andrews that they were insiders. I exposed that HERE but it seems nothing is happening. But now a more serious breach appears to have taken place.
860 days ago
Those guys at ShareSoc are so far ahead of the curve are they not? Look at the date on a letter sent to the FCA today regarding the disgraceful goings on at Edge VCT. Prescient or what? Anyhow we see eye to eye with ShareSoc on this matter and urge the FCA to stop jerking off on ESG porn and to intervene. The letter follows below.
880 days ago
A couple of years ago we exposed how SP Angel had been ramping the arse off Bluejay Mining (JAY) with ludicrous price targets while secretly dumping its entire holding at a fraction of the stated target. In other words it was selling its shares to the same folks who wanted to buy because of its ramping. SP Angel should have lost its license from the FCA then and the regulators should have been pressing charges against the individuals involved. The regulators did nowt and now we come to Union Jack Oil (UJO).
881 days ago
In today’s podcast I look at Vast Resources (VAST) and why you should read an RNS closely and at Supply@ME Capital (SYME) as I get my dates confused and so, it seems, does it. I consider Eurasia Mining (EUA) – surely a statement needed. I look at Skinbiotherapeutics (SBTX) and at Amigo (AMGO) where surely even Evil must concede defeat at the hands of the FCA on whose side I am on, in this matter at least.
890 days ago
I start with Lyin’ Chris, a fraudster whose work at African Potash I exposed on these pages. Now thanks to the FCA being useless he is President of a $3.7 billion US listed company which will, I’m sure,end in tears. Well done the FCA. Then onto why failings in corporate governance lead to shareholders getting stiffed with reference to Edge VCT but more to today’s shocking new exposes on Sarah Willingham and Nightcap (NGHT)
892 days ago
Yet again I write to the FCA the regulator, no sniggering at the back, of the Standard List about Wildcat Petroleum (WCAT), a company which lied in its first ever RNS, on 30 December 2020, and is still at it. At some stage, surely, the FCA must act to protect the integrity of the market. Is that more sniggering I hear at the back?
894 days ago
I record from the Welsh Hovel which is once again a building site. Excuse any background noise. I look at Wildcat Petroleum (WCAT) and its uncorrected and untrue 4 October RNS. Then at the fraud Chill Brands (CHLL). In both cases the regulator, the hapless FCA, should be acting right now. Then it is onto Cineworld (CINE) and, with the graphic below – hat tip EB. I explain why its trading statement is so deceptive and why the shares are still a sell. Finally a few words on Optibiotix (OPTI) & Skinbiotherapeutics (SBTX) and today’s confirmation of what a good journalist I am. What does it mean for both stocks?
894 days ago
Yesterday, in Bearcast, I explained in detail why the Chill Brands (CHLL) website is misleading with regard to major shareholders and why the proven liar John Story must have reduced his interest but has not filed a TR1. Sadly, there appears to be no corrective RNS so I have written to Nick Harriss of Allenby Capital, Chill’s retained adviser, suggesting that if he has a shred of integrity he will correct the situation. I cc in the FCA
894 days ago
It was, of course, John Story who engaged with Seth Freedman, causing the harassment of myself, Gary, Peter, and a poor PR girl some months ago. We know he is a proven liar and also a rule breaker. So has he been dumping shares in Chill Brands and not telling anyone via TR1? You bet. And I prove it in this podcast. I also suggest what Chill, its shamed advisers Nick Harris of Allenby, and arsehole journalist smearer Henry Harrison-Topham of Buchanan as well as the FCA need to do about this mess.
902 days ago
The FCA has forgotten that its job is to protect consumers and fight crime rather than issuing woke papers on ESG issues which win rave reviews at the Guardian. SEC chairman Gary Gensler has not forgotten. In a big speech on Thursday he tells it as it is. Gary said:
906 days ago
In today’s Bearcast, I ask how much would you be prepared to do to break LSE Rules to stop your company’s share price from crashing – ref Chill Brands (CHLL). I look at Versarien (VRS) and its latest spoof and the track record of it spunking your cash via Innovate UK grants. But the meat here is on HK360 Limited Brian Basham, Net Zero Infratructure (NZI), the FCA and what appears to be amassive failure of corporate governance, as outlined HERE
911 days ago
I start with letters I have or will be writing to two regulators. One is about a thief and a liar in Dublin and I explain why the Central Bank really should act but possibly will not. The other is about a company on the Standard List exposed HERE today and I urge the FCA to take immediate action. Then I discuss the inevitability of higher interest rates. How will you cope?
912 days ago
Friday saw the publication of Alpha’s (ALGW) second interim results albeit no Prospectus has yet appeared on the FCA register of Prospectus almost 8 months after the placing occurred. I show below why the results need to be restated dramatically.
912 days ago
You will remember the advert, the one that sexualises a seven year old boy as he dresses up in his mum’s clothes and makeup and proceeds to trash her house. Agency Adam & Eve/DDB thought the advert edgy and, according to Pink News which says that only bigots can object to the ad: “the playful ad speaks to every gender non-conforming adult who was once a child sneaking into their parents’ closet. The traditionally “small c” conservative customer base of John Lewis was probably not impressed and this will only have added to the woes of the loss making chain. But now the FCA has waded in and John Lewis has had to pull the ad.
919 days ago
I recorded a video last night for the All Party Parliamentary Group on Personal Banking and Fairer Financial Services about why the FCA is not fit for purpose. A bit like nearly all MPs really. Anyhow it is a zinger and I will post a link when it is up. I wonder how many of the Bulletin Board morons who troll and mock me are invited to give such evidence? I think we know the anseer to that. One of the areas I covered was the failure of the FCA to heed explicit warnings from myself about a string of mini bond firms that have subsequently headed West. The last of more than half a dozen I warned the regulators about which is still standing is The High Street Group Limited. But I can now reveal more clear signs that the Fat Lady will be entering that building soon.
922 days ago
I have again written to the FCA as it is meant to be the regulator, no sniggering at the back please, of the Sub Standard list on which the fraud Chill Brands (CHLL) is listed. The company said that it was going to publish quarterly sales updates. It has not for the three months to September 30 and as the interims will, in due course show, that is because quarterly sales were sod all. Thus, having claimed that it was profitable the company is sitting on a profits warning. That is a breach of market rules. The letter follows.
927 days ago
I exposed the fraud that is Standard Listed Umuthi (UHS) in a devastating seroies of articles HERE. The FCA has the shares suspended but, perhaps because of its own grotesque bungling detailed HERE, has yet to admit there is a problem. Perhaps now that arrests have started in South Africa that might change.
962 days ago
After sending a prospectus for FCA approval again and again since 2017, Umuthi Healthcare Solutions (UHS) finally got approval on the 24th attempt and on 4th March this year, its shares joined the Standard List. Six days after listing, its auditors quit, joining two legal advisory firms who had already resigned in the previous 12 months. The shares were suspended and then trading restored on 25th May. They were again suspended on 10th June and look set to never come back as this is the most scandalous of frauds as I shall explain with a series of shocking exposes over the next 48 hours.
966 days ago
I have, this morning, written to the FCA asking it to explain its failure to act on specific information provided to it on January 29 2021 about fraudulent accounting at Supply@ME Capital (SYME). Its failure to act meant that investors were deceived. This failure is one of so many and demonstrates just how useless the FCA has become. It went to the same folks in Market Integrity, including boss Mark Steward, who received the January 29 missive and acknowledged its receipt. It reads:
986 days ago
If I run a company surely I get to decide where I operate as long as I am operating legally? Surely that is how capitalism works? You do not get the State telling a retailer, hotelier or restaurant chain owner that it must keep a given outlet open even if it is losing money so why the hell is the FCA trying to do just that with banks?
991 days ago
Yesterday I flagged up the IPO of Central Copper Resources, a company set to list on the AIM sewer this week. There are numerous reasons why it should not and I have today written to AIM Regulation and broker Brandon Hill asking the former to intervene and putting the latter on notice
999 days ago
The FCA should have thrown the book at Standard Listed Zoetic (ZOE) when – with the shares at 76p on February 3 2021 – I passed it this damning dossier. It did not and Zoetic and its bent band of advisers, led by the journalist smearing mother Henry Harrison Topham of Buchanan, have taken this inaction as a cue to breach the disclosure rules in the most blatant way knowing that the FCA are toothless woke dullards. With the shares at just 43p to sell (and 43p overvalued) I have written to the FCA asking that it act on the latest rule breaches with, at the very least, a public censure.
1008 days ago
If the FCA was not staffed by such useless mothers, it would have forced Wildcat Petroleum (WCAT) to issue a brand new prospectus just 6 weeks after its December 30 2020 listing as it announced a whole new business strategy. But the FCA is not fit for purpose so it will, I expect, ignore black and white evidence that the very first RNS issued by Wildcat was a whopper of a porky. On the (sub) Standard List who cares?
1045 days ago
It has always amazed me how the paper that purports to be the voice of business has, on so many issues taken a profoundly anti-business line. The FT told us to vote for Blair, to join the EMU and the Euro and to oppose Brexit. Natch it is all in favour of a radical green agenda even if it cripples business in the West. And it cannot get enough of the sort of ESG porn that the FCA also jerks off on every day. Today it bigs up a story about the FTSE Russell Index threatening 208 companies with expulsion. According to the FT:
1055 days ago
In today’s podcast, I start with a few thoughts on the finances of retirement, then the G7 tax ruling and what it means for the future of God’s chosen lands of Northern Ireland. And then there is the demise of Iconic (ICON): why I welcome it, what it tells us about investor behaviour and why it is yet another fail for the woke dullards at the FCA.
1069 days ago
So much for the spike in Amigo (AMGO) shares yesterday in the belief that the Court would agree to its plans to pay customers it had ripped off only very partial compensation. The FCA opposed the scheme since it sees those ripped off getting only partial redress while equity holders keep the rest of the cash stolen by Amigo. And the Court, it emerged this morning, agrees with the FCA and myself and Justice Mills slates Amigo. As for foul mouthed bear raider Evil Knievil..
1141 days ago
I am not sure if the Takeover Panel boasts about how many birds it has promoted to its executive team whether they have been flagged up as manifestly incompetent or not, but in the matter of Eurasia Mining (EUA) it has shown itself to be as useless as the FCA, if not even more useless. Let me explain.
1145 days ago
At 3.09 PM yesterday, 9th March 2021, after five weeks of making enquiries into the £180 million fraud that is Supply@ME Capital (SYME), the – already under fire – FCA allowed a resumption in trading of Supply shares. It did not have to. It should not have done so and when Supply goes bust the letter below, to the Director of Enforcement, no sniggering at the back please, Mr Mark Steward should be on record as further evidence of how the regulator, again no sniggering at the back, is just not fit for purpose.
1148 days ago
Well you heard it here first. Actually you did not.As you can see below this report comes from an impeccable source: twitter where Jack Dorsey et al ALWAYS act to censor fake news so you can rely on twitter to give you the truth. Perhaps that is why 26 folks liked this tweet and 1 has retweeted it. Sadly for those 28 losers ( the author, RT and likes) this is demonstrable fantasy.
Supply@ME Capital (SYME) shares were suspended by the FCA at my instigation, firstly for failing to publish accounts on time after it changed the year end to cover up lies it had told. And then as the FCA started investigating those lies and many others, most notably its fraudulent prospectus in which it overstated net assets by 99% and its bogus 2020 interims in which it booked fake sales and its RNS of 28 September 2020 announcing more fake sales and director share dumping on the back of those lies.
1148 days ago
I have already dealt with the imminent demise of its sister company, One True View, where a sham £186 million bid evaporated and where the end is nigh. Now to Appbox Media, the first company set up by Polat Hassan as part of his City boiler room operation which has stolen £30m from naïve investors. The FCA was warned by me as long ago as November 2019 but natch has done nowt.
1166 days ago
I thought that ShareSoc, having ceased taking direction from he who shall not be named, had at last recognised the great job shorters do in exposing frauds and overpromotes. But it seems not. Cliff Weight, a self-confessed shareholder in Burford (BUR), today makes a number of valid points on Neil Woodford’s comeback while still not admitting that ShareSoc is backing a laggardly and non battle-hardened legal claim for Neil’s victims. But it is on Burford where ShareSoc lets its mask slip. Cliff says of the FCA:
1252 days ago
It is less than a year since fuel emulsifier Sulnox floated on the NEX market, now branded Aquis, and already a couple of directors and the auditors have walked. But now comes a GM Request to oust boss Nick Nelson ( a good guy) and his fellow directors and replace them with four new suits. But in a world where Aquis Regulation and the FCA were not complete chocolate teapots the convicted fraudster behind the coup would surely have been stopped. Yes that is right, this coup is masterminded by a convicted felon.
1256 days ago
Yesterday’s announcement from the Government on its plans for expanding spending on defence is, in my view, a demonstration of profligacy and wholly unwarranted as I noted HERE But Boris and his girlfriend Princess Nut Nuts have an 80 seat majority so the plans will be voted through. But did anyone know what was coming?
1441 days ago
I have been having a fascinating discussion on the comments boards with Pierotlunaire on the subject of the suits at ShareSoc, the body that grandstands to MPs, the FCA and the deadwood press claiming to represent UK private investors. A number of critical matters emerge which blow that claim apart.
1488 days ago
I warned you on April, 2 2019 that this mini bond firm looked very dodgy and would end in tears. The FCA ignored me or did it?. My beloved West Ham certainly ignored me and many of its poor fans, having endured merde on the pitch all season, now have to face up to the risk of massive financial losses as well. West Ham did not give a FF about its fans it just wanted sponsorship cash. Its despicable board would allow Satan as a sponsor as long as he had enough dosh. Anyhow, you read it all here first.
2112 days ago
The extract from the Land Registry below is in the public domain and looks like a huge misunderstanding to me. Worthington (WRN) may be in administration but it seems the FCA have a few questions for its former boss Doug Ware. I am sure there is a perfectly innocent explanation for all of this.
3461 days ago
I enjoyed another good chat with my pals at AIM Regulation today regarding Quenron (QPP). I know they enjoyed the earlier explosive Bearcast on Quindell and so for them and for the FCA here is a little recap of what we discussed. Dear AIM Regulation, I remain your obedient servant, Tom Winnifrith, The Sheriff of AIM.
3468 days ago
I blame Amanda van Dyke and Real Man manager Maribelle for leading me badly astray last night and I am not at my sharpest. Struggling on, today's bearcast covers Concha, Castleton, Verdes Asset management, Quenron, AIM Regulaton and the FCA.
3694 days ago
Up to London for a lunch with libertarian fellow Shoreditch refugee Philip, a CEO meeting and then to the offices of a City law firm to moderate a panel presentation for Liquity – a new platform for investors in unlisted stocks. It is an interesting proposition and I wish the firm the best of luck, not least because it employs my fave Tory blogger Charlotte Argyle. Rather conceitedly I thought I was on pretty cracking form.
I was certainly getting a few laughs but it is quite possible that many of those present were laughing at me not at my witty asides. You never really know.
As soon as the formal bit was over I headed outside for a quick nicotine fix and a fellow who was leaving congratulated me on my style and cynicism and said I gave a most enjoyable performance. Thank you said I. He then introduced himself as a full time member of the House of Lords and thrust his card into my hand saying that he had read my blog but would become a more regular reader from now onwards.
I shall not name this fellow to spare his blushes but I find praise from a member of the political classes a bit disconcerting. Does he not know that when the Popular Libertarian Front sweeps to power in 2020 one of the first acts of Dear Leader Richard Poulden will be to have the entire political class strung up from lampposts? Naturally I shall be there in the front row with my knitting needles gloating as the tumbrils pass along the Mall.
But for his kind words tonight, I shall put in a good word with the PLF and Lord X will have his sentence commuted to 20 years in the newly established salt mines in the grim Northern Wastelands surrounding Stoke on Trent. But it got worse.
3756 days ago
Bear raider Evil Knievil (aka Simon Cawkwell) has joined the ever growing list of those demanding that the FCA throw the book at disgraced Silverdell CEO Sean Nutley and Knievil has also demanded that the regulator looks into the actions (or inactions) of Silverdell Nomad FinnCap. His letter sent today appears below.
15th January 2014
The Manager,
The Financial Conduct Authority,
Dear Sir,
Events at Silverdell
3759 days ago
Have you contacted the FCA and AIM Regulation yet to demand that they feel the collar of prize shit Sean Nutley, CEO of Silverdell who mislead his investors, who are now set to lose everything. If not, read on and then GET complaining.
