breaking the law

2807 days ago

City of London - It only broke the law for 7 hours 24 minutes: Andy Crossley returns

This is bizarre if somewhat academic. AIM Listed City of London (CIN) has no cash and - almost certainly - negative net assets and thus it is bust and is worthless as explained HERE. But it was - as of 7 AM - today also breaking the law, well the 2006 Companies Act when Jason Granite quite as a director. PLCs must have two directors so as at 7 AM City was breaking the law. Not that AIM cared.

3058 days ago

Chris Oil market abusing again - MX Oil plans bond issue

The little twerp just cannot help breaking the law. You will see in the tweets below that market abuser Chris Oil claims to be the largest shareholder in MX Oil (MXO) but that he is also a large bond holder in the AIM listed company. Er hang on...