16 days ago
In short, the answer to that question is that there is more chance of me shagging Cheryl Cole. But now to the long answer as Argo Blockchain (ARB) has passed the hat around yet again for dumb fund managers to piss away other folks cash for the umpteenth time.
35 days ago
As a long term bear of Alien Metals (UFO) I have flagged up numerous undeclared related party and other sordid deals. This company has always been drowning in red flags and is the sort of shite AIM could do without. Now for some maths.
36 days ago
Goaded by me repeatedly, Invinity (IES) has served up a trading statement which dissembles. The only question now is WHEN is the bailout placing? I suspect pompous broker Andrew Monk is already on the case.
38 days ago
I start with the snake yesterday and a clarification, then it is onto Dispensa (DISP), Vast Resources (VAST), BjueJay Mining (JAY) – surely another bailout placing ahoy but at what price? – Microsaic (MSYS), Power Metal Resources (POW), Teather’s Financial and Flip Flop Ben Turney, and in real detail musicMagpie (MMAG) and why today’s statement does not address the real issue, making the shares a slam dunk sell.
66 days ago
On September 5 2023 I took Andrew Monk of VSA Capital (VSA) to task for trying to ramp shares in Invinity Energy (IES) on an all expenses paid jolly visiting Canadian fund managers. The shares were then 49p. I do hope that you followed my bear call as, despite Monkey’s wretched protestations, I was bang on the money. The shares are now 28.5p and falling rapidly.
79 days ago
The ramping continues with news that Chill Brands (CHLL) is to plug its nicotine free vapes via a wholesaler website. With almost zero brand awareness it is hard to see many small independent stores placing orders via this channel but in the absence of any positive financials to ramp the shares ahead of the next bailout placing any news will do. But it is what it is NOT saying that matters.
81 days ago
To that poltroon who said that I called Versarien (VRS) brilliantly in the era of disgraced Neill Ricketts but had not appreciated the ”turnaround strategy” I say “feck you, yet again it is ouzo on cornflakes time at Sheriff Towers”. Today, as predicted, comes the latest bailout placing raising a paltry £454,822, before expenses at a price of 0.275 pence per share. The net proceeds will be, I predict, little over £400,000 and will all be gone by St Valentine’s Day.
101 days ago
I start with three personal notes one of which relates to the loo in the river HERE. Then I look at African Pioneer (AFP), Upland Resources (UPL), Victoria (VCP), The Mission Group (TMG), WH Ireland (WHI) and BSF Enterprises (BSFA)
110 days ago
Some chump who is a long term bull of Versarien (VRS) recently wrote that while I might just have called this stock right in the era of Neill Ricketts the jury was out as to whether I was right being bearish about the new regime. Since then, in just a couple of weeks, the shares have halved to just 0.5p to sell. And it has to get worse for on October 30th a GM will approve a capital reorganisation reducing par from 1p to 0.1p and, as the company is running on vapours, this will prompt yet another bailout placing PDQ.
110 days ago
I told you all, repeatedly, that a) Wildcat Petroleum (WCAT) was running on vapours, b) that it was a worthless POS and c) that no serious investor would touch this with a bargepole and that any bailout would thus be a hugely discounted offering for flippers only. Well guess what folks: it’s ouzo on cornflakes tome for me, more poverty for those who think they know better than I do.
153 days ago
You may remember that a few weeks ago Andrew Monk got pretty furious when I suggested that he was taking Invinity Energy (IES) to see a stack of Canadian fund managers to lay the groundwork for the next bailout placing. Today we have interims and it is blindingly obvious that as part of his degree in name dropping at Oriel College Oxford, Monkey did not do any maths but he might have done a paper on misleading investors. Natch Invinity boasts of “record” sales and muppet investors seem impressed by that ignoring the company’s own admission today that it is running out of money.
187 days ago
Some folks seem to have fallen for today’s non news from Pantheon Resources (PANR) as it tried to push its shares higher ahead of the next bailout placing. As such, the ShareProphets RNS translation service wheels into action again.
257 days ago
Yesterday in bearcast I suggested that Alien Metals (UFO) was doing yet another bailout placing. Well knock me down with a feather, after hours it announced a book build to raise £2 million at 0.2p. The whole affair stinks and if this is not white collar crime I am a banana.
285 days ago
What’s not to like? It was back on February 6 that Vast Resources (VAST) said that it had received a Court Order that it could get its mitts on a parcel of rough diamonds stashed in the Central Bank of Zimbabwe and that sent the shares soaring to 0.7p.
285 days ago
I have noted before how one valiant reader complained to the wretched BBC about its coverage of Scotgold (SGZ) earlier this year ( January 30) – reports which were clearly false caused the share price to spike to 70p allowing a bailout placing at just 40p to go ahead. Amazingly the BBC has now formally accepted that it did mislead its viewers, thus costing many of them a good few quid. But it gets worse.
294 days ago
Anyone who thinks that Rod McIllree is fit to run a public lavatory let alone a public company should look at the busted flush that is BlueJay Mining (JAY). Okay Rod scuttled away a while back but like a bad fart which lingers, the legacy of an incompetent promoter also lingers. For once, Doc Holliday is right, McIllree needs purging from the PLC scene. Today Bluejay has announced a bailout £1.3 million placing at 1.75p.
324 days ago
Chaired by Eric Boyle of disgraced Stanford Rook ( Stanford Crook to its pals), Voyager Life (VOY) has been a disaster for investors since its listing in June 2021 at 58p. I have managed to get the shares suspended once and exposed this red flags laden, rogue-run, POS more than once. If “old” Liam Murray at Cairn had any sense at all he would quit as its Aquis adviser. Instead we have another spoof RNS operational update designed to pump the shares, now just 11p to sell, ahead of the next bailout placing, needed within weeks to avoid bankruptcy.
346 days ago
Now approaching a month ago when the shares closed at above 2.5p, it was clear that Versarien (VRS) required a bailout placing and we launched a prize sweepstake to name the placing price and, as a tie breaker, the price the day before the placing – with the prize 500ml of Tom’s Greek Hovel olive oil. Versarien duly obliged earlier this week at a massively discounted (natch) to the prior closing 2.0625p share price, 1.25p. And the winner is…
352 days ago
This is so simple that even the most moronic or Bulletin Board morons or spiv, Scouse, penny share grifter, share promoters should get it: companies do not set out to raise £531,624 (gross) in a deeply discounted placing. They go for a round number. A company running on vapours raising a non round number and way below what it had the authorities to raise is a sign that only forward sellers and flippers were interested. I refer to Versarien (VRS). Its latest placing is a disaster.
356 days ago
In today’s Bearcast I look at Kefi Gold & Copper (KEFI) on what is a great day for we loyal shareholders, Wildcat Petroleum (WCAT), Graft Polymer (GPL) – should that be Grift Polymer – and MGC Pharmaceuticals (MXC). Then it is onto Versarien (VRS) and the Neill Ricketts payoff and bailout placing and Pensana (PRE) which must by now be at death’s door: a £55 million market cap looks full in the circumstances and a statement is needed. Finally, that old scallywag Lenigas of Pennpetro (PPP) has doubled down after my earlier expose. He would not dare behave like this in America.
369 days ago
Scotgold Resources (SGZ) the miner of jam tomorrow, oops I meant pitiful amounts of gold, has said that its move to long hole stoping may well produce more jam tomorrow but, pro tem, it is passing the hat around yet again at just 15p. For those falling for the spoofing c/o BBC Scotland and buying the shares at 44.5p just two months ago, this will be a painful lesson in getting bummed by fake news from Pravda
373 days ago
If any investor in both Eden Pharma and also one or both of One True View or Appbox Media is listening please get in touch. Then I move onto the appalling new scandal at Deepverge (DVRG) and also at Microsaic (MSYS), then the insider dealing at Bluebird Merchant Ventures (BMV). Then Amala Foods (DISH) and the chancers at Caracal Gold (GCAT), Andrew Monk’s pals. Finally Tern (TERN) is starting to unravel ahead of a bailout placing which is needed ASAP.
377 days ago
We all know that Versarien (VRS) will be running on vapours by June so its only hope is a bailout placing. Soundings must already be underway. As I prepare to bring 5 litres of Greek Hovel olive oil back to Wales you can win 500 ml by winning this contest
381 days ago
At 3.56 PM on the last trading day before the Easter Break, 34 minutes before no-one is watching O’Clock, Mosman Oil & Gas (MSMN) announced yet another bailout placing as I had predicted HERE just a few days ago. But the statement is all smoke, mirrors and porky pies.
430 days ago
The last time we had a figure for the, rapidly falling, cash position at Chill Brands (CHLL) was 30 September when cash was £1.8 million after a £2.2 million loss in the six months prior. There were one offs in that period but you can do the maths. By the March 31 year end the cash will largely be gone and so yet another placing is on the way. So today a prize spoof.
440 days ago
David Budd the, CEO of Genedrive plc (GDR) has been out ramping this week with an RNS that one of its devices has received a preliminarily recommendation for use in the NHS. Not only that but he’s been posting over on the LSE asylum to groom the posters over there:
440 days ago
I wonder if BBC journalist David Henderson, Pravda’s business correspondent in the second world post industrial transgender friendly shithole that is Scotland, feels any guilt about losing folks stacks of cash by publishing fake news? Ahead of a ramptastic and wholly fictitious article about Scotgold (SGZ), an AIM listed company teetering on a financial precipice the shares traded at 44.5p. Then Henderson published as you can see HERE.
444 days ago
I start with Manchester City and then move onto Tintra (TNT) where i a am now working on a 3rd exposé in three days. It has all the hallmarks of a zero and regulators need to step in. In the same vein I discuss Caracal Gold (GCAT) amid a dash for trash. Then it is onto HUI (HUI) and Powerhouse (PHE) and finally I discuss Vast Resources (VAST) where – as I warned a placing dump followed the Zim diamond pump. This will not be the last bailout placing.
446 days ago
Vast Resources (VAST) has today confirmed that it should get back the diamonds it owns but which have been locked up by the Central Bank of Zimbabwe for years. But this does not solve its cash crisis, indeed it’s a confirmation that a bailout placing is needed ASAP. The clue, the morons ignore, is in the RNS.
451 days ago
How many times has cyber security group Corero Networks (CNS) lead its shares up the hill with ramptastic announcement after ramptastic announcement only to admit that it was running out of money, needed to do yet another bailout placing and seen its shares slide back down the hill again? Corero has been listed since 1997….
459 days ago
There is today, finally, as I demanded, a trading statement from Nightcap (NGHT) the financially challenged bars chain of Sarah Willingham of Dragon’s Den “fame”. But it is hugely misleading, on an industrial scale, and the underlying position is grim, sales are falling and a cash crisis is looming. This is the pump before a bailout placing dump. Let me explain why an update described by the ghastly Willingham is not as she claims “positive”. Not at all.
465 days ago
Oh boy this is ugly. The CBD play backed by arch LGBTQ hypocrite David Beckham, Cellular Goods (CBX), is rapidly running out of cash and wants to merge with another CBD company with stiff liabilities and which is burning cash faster than star chef (LMFAO) Brooklyn Beckham can burn his cooking. So quite obviously a major fund raising is needed within months to stave off bankruptcy. However…..
477 days ago
Oxford is so full of Godless liberal tossers these days. After a brief rant on that matter I look at the importance of December to the bars and restaurant trade and how this month will be awful. I suggest why the lack of profits warning Sarah Willingham is now sitting on will force a bailout placing at Nightcap (NGHT) – any takers at 4p? I also look at Tintra (TNT) and nanosynth (NNN) as it heads for zero.
487 days ago
As I warned you, my analysis showed that Versarien (VRS) was going to run out of cash by Christmas. And so today, after shameless ramping this website exposed HERE, HERE and HERE, a bailout placing is announced, though raising just £1.85 million gross, call it £1.7 million net, at just 10p. Where does one start?
496 days ago
Tomco (TOM) arrived on AIM via an RTO int a failed tech business just in time for Christmas 2006. Was that a White Christmas? I only ask because I am dreaming of one and the chap behind that RTO was Howard Crosby, nephew of Bing and cousin of Mary who shot JR. More than £5 million was raised at 2.5p. Wind forward today and, accounting for a 2017 200-1 share consolidation, the shares at 0.335p, are 99.933% down. Can any AIM dog, still going, match that record of disaster?
510 days ago
There has been a concerted attempt by Versarien (VRS) to ramp its shares in recent weeks. The reason, though it has yet to ‘fess to it is that it will be out of cash, burning cash and having stiff debts to support by Christmas. It clearly needs to do an emergency placing fast, hence the ramping. Let’s start with the just released video below starring lovable scouse oaf Craig Phillips, the winner of Big Brother 2001.
527 days ago
Digging a hole in the road should not merit an RNS but when you are desperate to ramp your shares ahead of the next bailout placing, needs must.
541 days ago
On 24 October Vast Resources (VAST) held a GM where shareholders voted to allow it to issue more shares. But fear not, the chairman stated “ It should be stressed that there is no commitment at this time to issue the new equity share capital for which authority is sought, and it remains the policy of the Directors to minimise such issues.” That was deceptive as the company HAD to raise money this month to avoid going bust. Today, as I predicted, came the deeply discounted placing.
558 days ago
Yesterday, shares in embattled Deepverge (DVRG) closed at just 2.75p-3p despite the reports here that its biggest liability, CEO Gerry Brandon ( aka the arse) had been handed a P45 and black bag. So where does this leave the rescue placing?
558 days ago
For various reasons, including the Mrs testing positive for COVID this morning, I look at Yourgene (YGEN) and my answers will not please long term holders.
574 days ago
In 2019 Avacta (AVCT) delayed its interim results until October to get a bailout placing away. In 2020 and 2021 it had results in late September but gave several weeks’ notice of the results date in a warning RNS. This year is different.
577 days ago
I start with the shameful behaviour of Bidstack (BIDS), a ramptastric RNS and an admission of new forecasts but not what they are. Guess what? They are shockingly bad, notwithstanding the ramptastic RNS, and admit that this company will be bankrupt by the first week of January unless it does a bailout placing. It took me an eternity to obtain the forecasts referenced in an RNS just about those very same numbers. Most morons have no idea how bad they are. I reveal all. I also cover Eve Sleep (EVE), Future (FUTR) and a £315 spoof at almost bankrupt Asimilar (ASLR).
590 days ago
This is abundantly clear. As I noted here after piss poor interims were published on 18 August, Westminster Group (WSG) is running on vapours and needs to get away yet another bailout placing PDQ if its obese chairman Sir Tony is not to find someone with a similar weight issue waddling to Banbury to sing. This bailout placing will be Westminster’s 35th fund raise as a quoted company!
603 days ago
A week ago interims from drowning in red flags bitcoin miner Argo Blockchain (ARB) made it abundantly clear that it faced a near term cash crisis. Today another sign that it is readying itself for a bailout placing has emerged. But I foresee a problem.
612 days ago
What is the Polish for “Powerhouse Energy (PHE) looks increasingly fecked?” Another JV agreement has had to be rewritten as nobody external will bankroll this unproven technology. Today’s news casts a new doubt over the commerciality of its IP and also of when ( not if) Powerhouse will need to do yet another bailout placing.
616 days ago
I explained in detail earlier this week why Made.com (MADE) is going to HAVE to do a bailout placing. Floated at 200p just over a year ago, raising £100million by issuing new shares while existing shareholders lobbed out a cheeky £90 million of stock onto gullible institutions, the company is quite simply running out of cash. Today it “responded to media speculation” and essentially ‘fessed that I was right. This will be messy.
724 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.
724 days ago
One of the reasons the fraud, Chill Brands (CHLL), had to do a bailout placing this week, is the ridiculous purchase of a domain name. I can now reveal how the company has deceived investors about this fantastic money spunk.
726 days ago
Excuse me if I crow, but all the threats, harassment and smears I have received from those paid to attack me, as well as from dumb investors, enraged that I had dared to expose this crock since 3 February 2021, must now be viewed in light of a bailout placing, announced yesterday, at just 2p.
743 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:
759 days ago
Only kidding Elric, the bit about Optibiotix (OPTI) is at the end. Before that I discuss bear market funding economics (it is more interesting than it sounds) c/o Luke Johnson, Russia & Ukraine, ADM Energy (ADME) and its pre bailout placing spoof, Vast Resources (VAST), Versarien (VRS) and then matters to keep Mr Lemming happy.
780 days ago
I am shortly off to Tesco then will be in action as the family cook. Ahead of that I look at Deepverge (DVRG) run by the arse Gerry Brandon, wondering which will come first, the next trading warning or the next bailout placing, at Mirriad (MIRI) where I disagree with comrade Stacey, Amigo (AMGO), Chill Brands (CHLL), Jubilee Metals (JLP), Supply@ME Capital (SYME), Cellular Goods (CBX), oil, gold and Ukraine and finally at Argo Blockchain’s (ARB) latest news.
796 days ago
Of course this is good news for UK Oil & Gas (UKOG) though it does not change the elephant in the room, that is to say the looming cash crisis. Already this company has insufficiet cash to meet its liabilities and commitments and each day it burns another £5,000 to £10,000. The share price reaction today, a gain of 29% to 0.1475p is, thus, wholly unwarranted. The news is a positive but not that much of a positive.
797 days ago
AIM sewer posterboy NightCap (NGHT) still has massive questions to answer over misuse of shareholders cash by CEO Sarah Willingham and her husband Michael Toxic. But there is a another elephant in the room: how it is misleading investors as to just how poor its underlying trading position is. This matters as we head rapidly towards the next bailout placing.
817 days ago
On Friday I reported that Omega Diagnostics (ODX) was sounding out folks about a deeply discounted bailout placing, at as low as 5p. This was not speculation, this was not guesswork. I had a source. This is what is called good journalism, a scoop, printing something of note that the subject does not want to read. Today Omega ‘fessed up but, natch, it also deceived.
820 days ago
Lyin’ Steve at UK Oil & Gas (UKOG) knows that his company will run out of cash within a few months. Thus he wants to spoof mug punters into buying the shares ahead of the next bailout discounted placing to push the shares higher. How many bailouts has Lyin’ Steve undertaken now? I lost count as we sprinted into double figures. So how to ramp? Announce a share purchase says which ever imbecile is advising him on PR.
836 days ago
As I demonstrated HERE, April Fool’s Day is too late for AIM listed, sub scale, investment company Tern (TERN)- it needs a placing before then or it will be crash landing in tits up alley. No institution will touch this POS with a bargepole so it is an inevitable trip to the bucket shops for a discounted raise. The shares are now 11.75p. The NAV is not going to be anymore than 8p and is falling so what price to you think the placing will be at?
836 days ago
I warned you in late September, as Tiger Royalties (TIR) published dreadful interims, that the dream team of “Mr Related Party” Colin Bird, London’s worst Nomad Roland “Fatty” Cornish and its spivviest broker John Bellis of Novum would need to do a placing before April Fool’s day or Tiger would be a dead big cat not for bouncing. Things have got worse.
858 days ago
Turkey is not proving much of a delight, UK onshore oil and gas is non commercial and, as I pointed out a couple of days ago, the next cash crisis looms. CEO Lyin’ Steve Sanderson cannot be expected to forego his bloated salary and so to keen the gravy train on the road another, no doubt deeply discounted, bailout placing is needed. What to do? Time for a green spooooooooooooooooof.
879 days ago
In short “bullshit, talk about jam tomorrow and start planning the next bailout placing.” Okay that is not what Nanosynth (NNN), formerly the dog known as Remote Monitored Systems (RMS) did say but it might as well have. The name changes but this is still a dog with fleas.
911 days ago
First came the insider dealing. No, surely not this is AIM! That took the shares to 4.2p in five working days. Then came the catalaogue of disasters trading statement the next working day. That took the shares to 3.5p. And today, as I predicted, three days later, there is a bailout placing at 2.5p and the shares are now 2.95p. What a shitshow. Of course it also magnifies the lies told to investors back in late April.
945 days ago
Make no mistake, a bailout placing is underway at Wildcat Petroleum (WCAT) as revealed in yesterday’s bearcast. Today, a new adviser to replace disgraced Pello Capital, currently banned by the FCA from doing any business, has forced it to come clean so that it can place.
1059 days ago
This is my second letter this month to the Oxymorons at AIM Regulation about Bidstack (BIDS) where some investors have been made aware that trading is way behind budget but others live in blissful ignorance. I demonstrated earlier that Bidstack is now within days of going bust unless it undertakes a bailout placing so AIM Regulation MUST force it to come clean. The letter reads:
Ref Bidstack, breaches of Rules 10 & 11, looming insolvency and a possible placing
1088 days ago
There are a lot of disgraceful things happening today and so this is a long bearcast and Matthew and his Dog will enjoy it. In it I cover: the fraud Supply@ME capital (SYME), the Zoetic (ZOE) fraud, the utter shocker at Live Company (LVCG), where Fatty covers himself in shame, Sarah Willingham’s Nightcap (NGHT), a gotcha! for me but more smoke and mirrors and valuation anomalies from Ms W and finally Braveheart Investment Management (BRH). In the excitement I forgot to mention uber dog Bidstack (BIDS) which is now down to its last seven weeks cash and where a bailout placing must be imminent. If you enjoyed today’s show, how about backing the Rogue Bloggers HERE?
1090 days ago
Having ramped shares in Nightcap (NGHT) up to 32p-35p the company’s managers led by Dragon’s Den star Sarah Willingham are, I can reveal, attempting a bailout placing to raise £5-6 million at just 25p. There is no specific acquisition planned and this is simply because less than four months after its IPO it is running out of cash.
1105 days ago
I have communicated with Britain’s finest regulators, no sniggering at the back please, a number of times on the matter of AIM bad boy Verditek (VDTK), the company run by Tory Toff Lord Willetts which is heading rapidly for insolvency. I have written again on the matter of its market abuse, deceiving investors to pump the shares ahead of bailout placings. The letter is below:
1114 days ago
Oh dear, oh dear, oh dear. That used to be the catchphrase of disgraced penny share tipster Mike Walters of Minmet, 3DM, Polly Peck, Pursuit Dynamics, etc, etc infamy. I wonder if he will be using it today as the Verditek (VDTK) dog he has promoted so aggressively has coughed up to another lack of sales warning. It means that a bailout discount placing is inevitable within the next couple of months but natch the company, chaired by Tory Toff Lord Willetts, polishes the turd.
1181 days ago
The first of a number of triumphs today for the Sheriff of AIM is AIM bad boy Bidstack (BIDS). After repeated pressure from this website it has, finally, admitted that its pre Christmas trading statement was a deceit and, better still, has issued a shock warning about 2021. Oh dear, its moronic followers, including Mike Turner, that cross dressing IT freak from Northants, will be cacking themselves as a cash crisis looms. Let’s start with the false market created on 17 December with the misleading RNS signed off by shameless Nomad Stifel.
1227 days ago
Sales are vanity. Profit is a matter of opinion. Cash is reality. But if you are trying to ramp your shares ahead of a bailout placing you do not want to talk about cash ( or rather lack of it) or even profits (or rather losses) so you jus bang on about sales. That brings us to Bidstack (BIDS).
1324 days ago
It is bad news for gender fluid, Bidstack (BIDS) owning, journalist-defaming moron Mike Turner - the countdown to the next bailout placing is underway. I crunch the numbers and speculate on what boss Lyin’ James Draper will do about it. After that I consider Verditek (VDTK) and its growing catalogue of lies and also warn Innovate UK that I am on its case as I have been alerted to another of its grant scandals. Finally I consider two companies that are desperate to be bid for but which, I suspect, will not be: Audioboom (BOOM) and Eurasia Mining (EUA).
1326 days ago
Welcome Lord David Willetts to the world of turd polishing on the AIM casino and your first interim results at Verditek (VDTK). It’s time for some more share ramping and lying to investors as you guys really do need a bailout placing asap.
1513 days ago
In today’s podcast I look at the overall market bloodbath asking whether we see capitulation and a buying opportunity or if things could get much worse. I look at Bidstack and the speed at which it must complete a bailout placing, at Blue Jay Mining (JAY) and the antics of its disgraced Nomad and broker SP Angel, at Versarien (VRS) and the true import of today’s free podcast and finally at AFC Energy (AFC) one of the most overvalued stocks on AIM.
1547 days ago
Ramped by Bulletin Board Morons, Toople (TOOP) is the sort of uber dog with fleas that should have been shot and put out of its misery eons ago. Today we have results, an acquisition and a bailout placing. Let’s start with the numbers.
1551 days ago
The par value of Plutus Powergen (PPG) shares is 0.1p. The shares now trade at 0.08-0.09p making it almost impossible for this £700,000 capitalised worthless piece of crap to get a bailout placing away which begs the question of how Nomad Allenby, how on earth did it verify the last RNS?
1591 days ago
After yesterday’s shock lack of profits warning from Bidstack (BIDS) the next question is when will a bailout placing be needed. To that end the company has announced today what appears to be an almighty spoof designed to ramp the stock ahead of the placing. Even the company’s PR Buchannan has just admitted to me that the release is not clear. This is your £10 million spoof of the day.
1596 days ago
I have today written to the Oxymorons at AIM Regulation with regard to Remote Monitoring Systems (RMS) and its disgraced Nomad SP Angel of Mysquar (MYSQ) infamy, asking if monthly management accounts can be produced to justify statements made just three weeks before the last bailout placing on October 18. If they cannot be produced the regulator needs to take severe action against the company and its Nomad. I write
1742 days ago
I have noted on this website several times how Audioboom (BOOM) has real form in giving a misleading indication of its cash position and cashburn ahead of a bailout placing. I warned you that it was up to its old tricks again in the final months of 2018 and early 2019 ahead of two placings which came along as predicted. Now the scale of that naughtiness is revealed with dismal interims out today. Here is your timeline.
1797 days ago
And so having promised us 2018 sales of £7.2 million and an EBITDA profit on January 29, simply to get a bailout placing away on February 8, the ghastly truth now emerges. Westminster’s (WSG) 2018 results are shite and bar an accounting fudge they would have shown the group as insolvent. Let me explain.
1811 days ago
You have been warned so many times by myself about the uber dog Mirriad (MIRI) which listed on the AIM casino at 62p per share in December 2017. The shares are now 6.25p so shame on Nomad and broker Numis for this hound. Today we have calendar 2018 results and a warning that it needs a bailout placing within a year. I should cocoa.
1823 days ago
On 29 January 2019 Westminster Group (WSG) the dog chaired by ex Tory MP Tony “fatso” Baldry of 3DM infamy issued a ramptastic trading statement to ramp its shares up to 12p allowing it to do a bailout, keep the lights on, placing at 10p a few days later. Now, as it prepares for its next bailout placing we have more grim news marking the company out as utterly uninvestable. First the mess of its accounts.
1824 days ago
In bearcast i raise unanswered questions about Westminster Group (WSG) run by smug lardarse Tony Baldry and ask how soon the next bailout placing will be and at what price. I look again at the most overvalued & over-ramped stock on AIM, Bidstack (BIDS), at BlueJay Mining (JAY) and at AO World (AO) and Purplebricks (PURP) two companies that boost profits by ripping off customers.
1880 days ago
In this bonus bearcast I comment on today's lack of profits warning from WH Ireland (WHI) and the bailout placing now underway which I had predicted. I look at WH Ireland and its woes but it is symptomatic of an industry in crisis. FinnCrap (FCAP) must warn sooner or later and most of the rest of the Nomad/brokers already have. What is needed is massive wage cuts across the board. Thankfully for supliers of coke and hookers, that will not happen which means a structural and cyclical crisis will claim more casualties soon. If you enjoyed this slating of the City's broken business model why not support the Rogue Bloggers for Woodlarks HERE.
1915 days ago
Mayan Energy (MYN) has today raised £750,000 at 0.12p in its latest bailout placing but it comes with an admission that it has forgotten to file returns to the US taxman, the IRS, for an unspecified period and thus who knows how much of that cash will be swallowed up in unpaid tax bills. As such we have no idea how fast the clock is ticking on the next bailout placing. The City’s top oil analyst, Zac Phillips of SP Angel is scathing. He writes:
1982 days ago
Oh dear! Bad news from the boiler room. In this case I refer not to the offices of Peterhouse Corporate Finance, broker to this dog but to Sabien (SNT) itself, yet another company that planned to revolutionise the world of boilers when it raised money at 52p and listed in December 2006. Today’s latest bailout placing is at 0.1p and the owners of the 400 million pieces of confettu issued will end up owning 64% of the enlarged equity. More dilution vicar? It will not be the last.
2006 days ago
Warning there is plenty of bad language in the podcast - perhaps do not play it in front of the kids. I start with an update on those bastards at Barclays (BARC) who I discussed yesterday. I then look at Victoria (VCP), Jim Mellon's Port Erin (PEBI), two SP Angel dogs MySquar (FRAUD) and BjueJay Mining (JAY) and have new and serious questions for the shamed Nomad to consider. I look at Frontera (FRR) and its looming bailout placing, at Ascent Resources (AST) and at Rainbow Rare Earths (RBW). I also discuss the market sell off commending a reader who notes both my genius and my modesty on this matter.
2007 days ago
Oh dear. Oh dear. With the disgraced and widely reviled dirty tricks specialist Tim Thompson running its PR Frontera (FRR) was always going to play fast and loose with the rules of the AIM casino as it tried to ramp its shares ahead of yet another bailout placing. Today it announces a MOU which is really nothing of the sort and exposes this promote for the crock of shit that it is. Even the dullards on the LSE Asylum must now start to realise that they have been had.
Frontera had announced that it was having “discussions with industry majors.” Encouraged by the silky words of the paid ramper, the whore blogger Malcolm Graham Wood, toxic Tim Thompson and others the LSE Asylum dwellers speculated about big farm in deals with BP and others. Telephone number sums were discussed in a wankfest of the mentally inadequate.
2064 days ago
Almost out of cash, Andalas Energy (ADL) is gearing up for a bucket shop placing c/o joint bucket shop brokers Novum Securities & Optiva in the usual way: a ramptastic podcast with PR genius Steffi, 2 ramptastic RNS announcements and a ramptastic paid for podcast with Vox. The trouble is that its claims have now been directly contradicted by its partner in the North Sea Badger field, Atlantic Petroleum (see HERE). If it turns out that Andalas was making unverifiable fantasy claims, as it appears, and raises money at an artificial price on the back of that, this would be a clear case of Securities fraud. In order to stop that the shares must be suspended at once pending a statement. I have written to the fake Sheriff of AIM, Marcus Stuttard at AIM Regulation as you can see below.
2065 days ago
Two days ago we asked you HERE to guess the price of the bailout placing which Frontera Resources (FRR) needs ASAP to avoid going tits up. And, with the stock still 0.22p to sell, you said…
2111 days ago
Shares in Westminster Group (WSG), run by loathsome ex Tory MP slug, Tony “fatso” Baldry of 3DM infamy have slipped again to just 9.2p to sell. Those who ponied up £750,000 in the last bailout placing at 22p, less than six months ago, must by now realise that backing a Baldry run company is financial hara kiri. But things are going to get worse. You see the money's almost gone....
2150 days ago
This tweet below is just one of a number of bullish tweets about Horse Hill where the biggest investor is UK Oil & Gas (UKOG) made by David Lenigas the founder of UK and, as far as we know still a shareholder. Today it has been forced by me to fess up that a bailout placing is underway. The problem with Big Dave's tweet is that it is bollocks. As to the idea that it is a pre-placing ramp, no way Jose, not David Lenigas, this is just a coincidence.
2328 days ago
At every opportunity Paternoster Resources (PRS) reminds of the vast discount to NAV at which its shares trade. Surely in such a scenario it should sell just a few shares it owns and then do a buyback of its own shares thus increasing NAV per share even more? Er...no.
2363 days ago
Strat Aero (AERO) is quite clearly insolvent. That its shares have not been suspended pending clarification is just another badge of shame for the world's most successful growth market, that is to say the AIM Casino. Today sees another pathetic attempt to sucker in mug punters to try to pump this worthless stock ahead of another bailout placing.
2377 days ago
I sense that this is the start of another pump before the dump of yet another bailout placing by the free speech-denying tossers at Audioboom (BOOM). Today we have news that Oli Walters has joined as head of UK sales. Oli pretentious millennial twist on Oliver perhaps? I am sure that he will fit in brilliantly and help rack up an admin overhead which is now closer to £600,000 a month than £500,000.
2419 days ago
Interims from Strat Aero (AERO) today are dire. They show a company that was bust on June 30, one with zero earnings visibility and an ongoing cash burn. There is a lack profits warning and a tacit admission that a bailout placing is inevitable. I should cocoa. But even if there is a heavily discounted bailout this company is probably toast. The shares are worth 0p. SELL. This is, like most stocks promoted by the Sith Lord, Zak Mir, toast.
2486 days ago
Blur (BLUR) was floated at 82p. Today after five years of accounting fraud, operational failure and cash guzzling it is doing another bailout placing at just 1.75p so leaving its long suffering shareholders 98% down. As part of today's bailout a number of directors have "been resigned" including Kara Cardinale, hithero paid an arm and a leg as Chief Delivery Officer. Chief what the fuck???
2728 days ago
Cyril d'Silva who floated Golden Saint Resources (GSR) at 10p a share three years ago has just updated his facebook profile with a new picture. With the shares at 0.05p Investors have lost 99.5% of their money but Cyril does not seem to be starving. The word on the street is that Golden is trying to get another bailout placing away urgently as it is again out of cash. Meanwhile as you look at the smug fat fellow below do you have a suitable caption for the photo. Entries in the comments section below before midnight Tuesday please.
2751 days ago
As indicated at the time of its bailout £10 million placing on September 30th, Advanced Oncotherapy (AVO) has now announced that it is to raise up to £4.8 million via an open offer at 100p. With the shares at 102p to sell, I'd rather sign up to spend two weeks alone on a desert island with crooked Hillary droning on about how being a rape enabler makes her a good feminist, than accept this offer.
2798 days ago
I have already requested that the FCA and AIM Regulation investigate the deliberate way that investors were misled by African Potash PLC (AFPO) ahead of the January 12 2016 bailout placing with an RNS on December 1 2015 as you can see here. Now evidence is emerging of an even bigger deception in an RNS on January 6 2016 just six days before a bailout placing. I have thus written to both the FCA and AIM Regulation asking both to widen their investigation into both Potash and also Nomad Cantor Fitzgerald and its lead QE, Mr Stewart Dickson. This is a clear case of Securities fraud.
2805 days ago
I take my hat off to Neil Ritson, the hapless CEO of LGO Energy (LGO), as he does not seem keen to disclose more information about how his company is doing. Unfortunately the information is underwhelming and as the company's cash runs out and the next bailout placing looms the shares are set to head only one way. And it is not up.
2811 days ago
These old folks they need mental exercise. Crosswords, jigsaws, Soduku, easy questions from their son. But my father fails on the how many days till Glenwick (GWIK) is suspended question. He says his mind is on higher things. Meanwhile I am still traumatised from being seen buying a copy of the Guardian for him. I look at Red Rock Resources (RRR), Glenwick, Leed Resources (LDP), Aquatic Foods (AFG) and China frauds, BoxHill (BOX) and naughty Lord Razzall - how is the bailout placing going your lordship? And I commend the recent work of Daniel Levi (Brokerman Dan) on Mkango Resources (MKA) where the old rogue is bang on the money. Mkango is truly worthless.
2824 days ago
On 6th January 2016 African Potash (AFPO) announced a major sales deal. Six days later it got away a bailout placing. Gradually over the months that followed that sales deal was shown to be bogus, a sham, not worth the loo paper it was written on. But at least the ramp allowed this AIM Casino posterboy to get its placing away. Now the bastards are at it again. 30 seconds on Google is enough to make you doubt a word this company says as it tries to get another bailout placing away. African is teetering on the verge of insolvency.
2917 days ago
responding to Chris Cleverley of African Potash (AFPO) starting to do soft interviews and the failure of his company to answer basic questions about Butterfly Corporate Finance I explain why Chris must go to prison for securities fraud and lying to investors and why his company must go bust, the only question is when net current assets go negative. One imagines Cleverley wants a bailout placing asap but who would be mad enough to get involved?
2959 days ago
This is not hard. The RNS from Servision (SEV) today is designed to ramp the shares ahead of a rescue bailout placing. It is bollocks if you add up the numbers. So too was the last RNS by the way. I have reported this POS to the FRC for dodgy revenue recognition policies, it almost certainly now has negative net current assets and is burning cash. There is a bailout placing looming and you should sell now. This company deserves to, and could well, go bust.
2965 days ago
Five days ago we revealed that David Lenigas himself was trying to arrange a £5 million bailout placing for insolvent LGO Energy (LGO) which would see Jabba go back on the board and hapless CEO Neil Ritson pushed into the long grass a couple of months later. We have emails from broker Dowgate to potential investors explaining Jabba's plans and saying that the placing would close well before the end of last week. There has been no RNS. Clearly - and not surprisingly - the placement is struggling big time and so LGO has today released ramptastic bollocks from Goudron to try to spoof punters into backing the bailout.
2966 days ago
Ed Winters the CEO of Fastjet (FJET) had wanted to stay on the payroll for 12 months after a new captain of the low cost airline Titanic could be found. Sir Stelios of Easyjet wanted him out now and also demanded the head on a platter of General Counsel Krista Bates. Ed & Krista squirmed but with Sir Stelios owning 12.6% of the shares and the money running out, Ed and Krista have gone. Krista cleared her desk today, Ed clears his on Friday.
2985 days ago
A challenge to Eden Research (EDEN) about its FRAUD - will it please send me a lawyers letter as I really want to see the bitchez in Court. Its PR man Queenie McManus smearing me is just so tedious. Man up Queenie and do the decent thing. I also suggest that Nomad Shore Cap thinks twice before assisting Eden with a bailout placing. In this podcast I also look at DDD Group (DDD), Ascent Resoures (AST), Auhua (ACE), ECR Minerals (ECR), Evocutis (EVO), Alba (ALBA) & Stellar Resources (STG)
3139 days ago
You cannot say we did not warn you repeatedly but interims today from Wandisco (WAND) – although well spun – are a dog’s dinner. It is car crash ahoy time. When’s the next bailout placing and who would be mad enough to subscribe?
