Tosca

1369 days ago

BREAKING: BDO Narrowly Avoids signing off on a 155 million Euro blooper & the war crimes of FTI Consulting – the Akazoo fraud

Thanks to the good works of Gabriel Grego, Akazoo (InternetQ as was) has now been thrown off Nasdaq and the SEC are crawling all over it, its main backer and author of its corporate deals, Martin Hughes’ Tosca Fund and various advisors. One firm that has narrowly avoided a massive bullet, as I can reveal today, is auditor BDO Global.

2791 days ago

BREAKING: InternetQ- was I right about the dodgy Bubbles after all? Companies House shocker emerges

In the December 2015 from my winter base in Greece I ran a series of articles, starting from Athens with Love, which, I believed, quite clearly showed that the Greek, AIM listed company InternetQ (INTQ) was a fraud. Specifically I demonstrated that its music streaming business Akazoo was a sham. The company denied this and in the end its boss Panagiotis Dimitropoulos and fund manager Tosca paid c£20 million to buy out minority shareholders and take InternetQ private. A cute deal or burying the truth in private? This is going to shock you.

3001 days ago

InternetQ bogus trading statement hides behind Takeover Panel Rules

InternetQ (INTQ) the dodgy Greek outfit exposed repeatedly HERE for all sorts of nonsense has published a totally meaningless trading statement. It hides behind the fact that the Chief Bubble is considering an MBO if he can persuade fund manager Tosca to back him.

3008 days ago

InternetQ - the Bubble pulls a rabbit from his hat: a bid

I am in no doubt whatsoever that InternetQ (INTQ) is a worthless enterprise which smells all wrong and cannot generate cash - something I believe is demonstrated HERE. And that is why its shares have slumped from 350p last spring. But they have been rallying in recent days and now we know why, the CEO is mulling a bid. The shares soared on that news to close at 139p. So what next?

The bubble in question, CEO Panagiotis Dimitropoulos, has teamed up with fund manager Tosca (which spunked 17 million Euro last summer buying a slug of InternetQ's Akazoo arm) to consider buying out minority shareholders. There are three possible outcomes:

3355 days ago

Quindell: Morgan Stanley makes £2 million in less than a week thanks to the morons

Hats off to Morgan Stanley which has made a quick £2 million plus killing in four working days. It correctly identified Quindell (QPP) shareholders as being among the stupidest people on this planet and it has played them like a kipper. It is all perfectly legal and for this Robin Hood in reverse raid on the lobotomy and strong brigade, hats off to the banksters.

On Friday of last week Morgan Stanley picked up a 4.9% stake from Tosca at c61p. It bought a few shares in the market at the same time and so went over 3%, 4% and 5% at a stroke and told Quindell first thing Monday morning.

Quindell rushed out that news at 2.43 PM on Monday, keen

3399 days ago

Quindell: Bearcast Special: Tosca, PWC, The Daily Mail and more Biosign shockers

All things Quindell in this Bearcast. Congratulations to the morons. You are only 90% down now. Enjoy your day of gloating. Now back to reality and I deal with Tosca, The Daily Mail, PWC and have some more shocking revelations about Biosign in this podcast.