12 days ago
I start with bitcoin and gold and the Smarter Web Company (SWC). Then it is Medpal AI (MPAI), London Bitcoin (BTC), Chill Brands (CHLL) and Gary’s baby Jadestone (JDS), a £125m short IMHO. Finally I repeat the appeal for Neil.
14 days ago
The year end for David Lenigas spoof the London Bitcoin Company (BTC) is February 28 and so how about a year end trading statement because: here’s the thing, with bitcoin down to $63,000 how on earth can Big Dave pretend his company is truly viable. The shares were 56p at peak ramp last July but are now 2.05p. My target is 0p. Let’s start with Michael Burry of “The Big Short” fame!
15 days ago
Surely the clowns from London Bitcoin Company (BTC) are worth backing in our latest prize contest after an RNS today which combines LIES and diworsification
18 days ago
I start with Blue Owl and the mega bear case for the market, especially tech. That brings me onto bitcoin and a deep dive into FY numbers from the Smarter Web Compay (SWC). En passant I mention London Bitcoin Comany (BTC) amnd Hamak Strategy (HAMA)
26 days ago
On 25 September 2025 the price of gold was $3756 oz. Today it is $5,076 oz. Most gold stocks have made decent to spectacular gains thanks to that. But shares in Richard Poulden and David Lenigas promote Wishbone Gold (WSBN) have plunged from 190p to just 74p. Who is to blame? Showing a monumental lack of self awareness, Lenigas took to twitter last night and blamed….the frigging British.
27 days ago
I start with companies that issue an RNS and then do not answer their phones. Then the chairman's history with me at Jade Road Investments (JADE), why director share buying is overall a SELL signal, Harry Adams acting like a total twit at Kefi Gold & Copper (KEFI), Optibiotix (OPTI), Synthomer (SYNT) where the banks now call the shots, London Bitcoin Company (BTC) in crisis and the bitcoin and why my target is not $0.
41 days ago
The truth is that we have no idea what David Lenigas is hiding at the London Bitcoin Company (BTC) but it ain’t good. Here are the maths.
53 days ago
I have again written to the FCA about David Lenigas POS company London Bitcoin Company (BTC). The issue is transparency ahead of a quite inevitable bailout placing. Or rather lack of transparency. I have also urged the FCA to discuss various matters with the SEC.
61 days ago
I explain my bet to myself and why I won. I also discuss Ariana (AAU). It is not as if I do not see the shares as cheap it is just that I appear to have stumbled into being heavily overweight in gold shares, notably Amaroq (AMRQ) and Kefi Gold & Copper (KEFI). I discuss Cult Wines and today's exposes and also the London Bitcoin Company (BTC) where I admit I am becoming a tad nerdishly obsessive.
63 days ago
In today's podcast I cover the bankruptcy of Versarien (VRS) post a challenge to the board at Kefi Gold & Copper (KEFI) and look at madness at London Bitcoin Company (BTC), drawing an analogy with Argo Blockchain (ARB).
83 days ago
I look at the generous spirt of the Euroloon, London Bitcoin Company (BTC), Satsuma (SATS), Card Factory (CARD), Atlas Metals (AMG), Skinbiotherapeutics (SBTX) and Avacta (AVCT)
84 days ago
I have written to my good friends at the FCA regarding David Lenigas and the London Bitcoin Company (BTC) which urgently needs to issue a statement to clarify its financial position, specifically how many of its bitcoin it has sold.
95 days ago
David Lenigas and his 13 year old gopher Hewie RatLitter have today announced their plans and ambitions for 2026 for the London Bitcoin Company (BTC). I am working on announcing my 2026 plans and ambitions with regard to Cheryl Cole. But while all that I need is charm, wit and an ability to understand Geordie (I have 2 of 3), Lenigas and RatLitter need cash….
109 days ago
I start with the FT whining of Rachel from Customer Services before considering some fascinating factoids about AI spending and bitcoin mining. I consider Argo Blockchain (ARB) and London Bitcoin Company (BTC) before discussing the X posts of perhaps the biggest CEO wrongun in London, a man who thinks I am a criminal
113 days ago
The bear raider and most bombastic man in London, if not the entire United Kingdom Simon Cawkwell, aka Evil Knievil, has numerous golden rules, reminders to we oiks of his great wisdom. One relates to paltry boardroom share buying.
117 days ago
I have written to the FCA CEO Nikhil Rathi prompted by yesterday’s disastrous results from London Bitcoin Company (BTC) which must now be selling its bitcoin to pay fiat bills but is not admitting to it.
118 days ago
Shares in London Bitcoin Company (BTC) are, at c3p, almost 95% down from peak ramp less than four months ago but ramper in chief David Lenigas is still not buying having urged folks to do so at 55p!. The tweet below from the great man shows why.
118 days ago
I look back on the fraud at Lonrho, the crooks at Afriag and the scandal that was UK Oil & Gas (UKOG). Somehow David Lenigas survived it all. But will he survive the Pennpetro (PPP) fraud? And then I consider the blow up and what he is hiding today at London Bitcoin Company (BTC).
118 days ago
David Lenigas run London Bitcoin Company (BTC) has published its second interims for the six months ended 31 August 2025. They are dire with a loss before tax of £1,196,206. Net assets are healthier at £8,011,468 which includes £6,893,322 of Bitcoin. But the company cannot hide that it is in crisis.
125 days ago
French based, NYSE listed software outfit Sequans (US:SQNS) started a bitcoin in treasury strategy in July. Now that strategy is in full reverse with the excuse given patently unbelievable. Stevie Wonder can see that the Frogs are making it up as they go along. It shows how the bubble has burst.
126 days ago
Since the only financials we have for the London Bitcoin Company (BTC) are for the 18 months to 28 February 2025 we really have no idea at all about what the all in cost base is right now.
127 days ago
I start with the very frank statement made by my old sparring partner the former Sharesoc boss. Then BP (BP), 80 Mile (80M), London Bitcoin Company (BTC), Wildcat Petroleum (WCAT) and Technology Minerals (TM1).
127 days ago
Just four months ago shares in David Lenigas run London Bitcoin Company (BTC) were 55p and the old rogue was urging folks to buy more in a daily stream of X posts. These days Big Dave barely tweets at all about the company whose shares are just 3.85p. I invite suitable captions for the real photo below to be submitted in the comments section. The deadline to enter is midnight tonight, 3rd November.
146 days ago
I shall be writing to the FCA shortly but today’s announcement from Hamak Strategy (HAMA) beggars belief. Quite clearly its proposed #35m double death spiral funding will trigger a change of business, an RTO, and thus it needs to get a prospectus approved by the FCA to go ahead. I have offered the company’s advisors a chance to comment but they appear to have declined. Let me explain the problem.
147 days ago
I ponder what sort of investor bought bitcoin in treasury stocks as the bitcoin price slumps again. The stench of Gavin Burnell of Globo infamy surrounds B Hold (HODL), I also look at Smarter Web (SWC), now almost 90% off peak ramp and London Bitcoin Company (BTC) as it faces a fiat crisis.Then Predator Oil & Gas (PRD), Hemogenyx (HEMO) and Marechale Capital (MAC)
153 days ago
I ask you to compare two very recent tweets from the scallywags behind London Bitcoin Company (BTC). First up is David Lenigas of Pennpetro (PPP) infamy:
165 days ago
During the past 24 hours the price of a range of cryptocurrencies including bitcoin and Ethereum has tumbled sharply. Bitcoin itself is now back below $110,000 having been $125,000 just a couple of weeks ago. Yet folks like my pal Dominic Frisby still insist that it is a store of value when compared to fiat. Can the bulls explain one thing to a silly old dinosaur like myself?
166 days ago
In today's podcast I look at Wishbone Gold (WSBN), PennPetro (PPP), London Bitcoin Company (BTC) and the LIARS at Satsuma (SATS).
166 days ago
Why has the FCA not demanded that Lenigas stands down, pro tem, as chairman of the London Bitcoin Company (BTC) until these allegations are fully investigated. The case presented against him by Pennpetro (PPP) where he used to be chairman looks pretty much open and shut to me.
166 days ago
If your company was generating cash you would not be dumping shares you hold in another company when they trade at near all time lows. But that is exactly what The London Bitcoin Company (BTC), run by David Lenigas, is doing.
173 days ago
The old rogue has blocked me on X so that I cannot respond to his stream of preposterous tweets. This one catches my eye and is a damning indictment of what David Lenigas is up to. Dated 16 September, the great man tweets:
181 days ago
In today's bearcast I look at Optibiotix (OPTI), the absolute scandal at Atlas Metals (AMG), parallels with Ashington Innovations (ASHI), Smarter Web (SWC), London Bitcoin (BTC) and Argo Blockchain (ARB)
194 days ago
I start with a couple of Sharestock issues that make me angry. then more on how Comrade Brian Basham is trying to take the Georgina Energy (GEX) scandal forward. It also makes me angry. Then Zak Mir's dirty little secret that could sink Lift Global (LFT), Eight Capital Partners (ECP), with Liam Murray asleep at the wheel ( again), will David Lenigas 'fess up with a London Bitcoin Company (BTC) trading statement and Smarter Web Company (SWC) and the increasingly poor vicar Andrew Carter.
200 days ago
Yes, both insisted that a dual listing of their shares on the OTCQB would improve liquidity and attract US investors. So how many shares in London Bitcoin Company (BTC) and Optibiotix (OPTI) traded in the US yesterday? I discuss this, Ariana (AAU) and the failings of the FCA on World Chess (CHSS) and Roquefort (ROQ). I start with an important message for Sharestock attendees and a rant about Bank Holidays.
201 days ago
I predict the timing and reason for the end of the bitcoin in treasury bubble and predict how grifters like Andrew Webley of The Smarter Web Company (SWC) will react for they will know I am right. I ask if David Lenigas will be transparent if and when London Bitcoin Company (BTC) has to sell shitcoin to pay fiat bills and suggest that time is already upon us.I look at Boohoo (DEBS) and not as a bull and then at Eden Research (EDEN) which is surely lining up another bailout placing.
203 days ago
I start with someone's cunning plan to cause me problems which has been foiled. Then to the 30 year gilt yield and what it means, then what, with hindsight, will be seen as what cracks the bitcoin in treasury bubble and I cover a few names notably London Bitcoin Company (BTC) and Vaultz Capital (V3TC) and finally to the woes of the fraudsters' buddies at First Class Metals (FCM).
204 days ago
I discuss bitcoin prices and how and why this bubble is deflating and could bust. I discuss Smarter Web (SWC), Consilium (COIN), now 95% down in 10 weeks, London Bitcoin Company (BTC), Bluebird (BMV) and Satsuma (SATS)
220 days ago
I start with a pathetic attempt by one of my "admirers" to ruin ShareStock. It will fail. Then it is today's great news about Julie Meyer (not MBE). Finally I consider the inevitable fate of the Dave Lenigas created London Bitcoin Company (BTC). There are now just five seats left for ShareStock on September 6, to book one of them go HERE.
220 days ago
One argument pushed by grifters like Andrew Webley of The Smarter Web Company is that the inability of retail punters to buy crypto ETNs ( Exchange Traded Notes) meant that bitcoin in treasury companies had a USP. But the FCA says that is going to change. And that surely makes Smarter Web and its peers pointless.
222 days ago
The failed bitcoin miner turned failed bitcoin in treasury spoof London Bitcoin Company (BTC) has news, news designed to ramp the shares to allow another placing, but news which tells you nothing.
223 days ago
You cannot say that I did not warn everybody that David Lenigas run bitcoin in treasury spoof London Bitcoin Company (BTC), formerly Vinanz, would end in tears. Perhaps some Jew haters would rather I did not term Lenigas a promoter and serial destroyer of value, allowing him to fleece new punters. But I did warn and warn again. In 37 days the shares have collapsed from a peak ramp 55p to just 5.5p bid. Look at the Lenigas tweets from 37 das ago and all the way up and down and feel disgust. You will be revolted and may even pity the lambs who liked or retweeted his words with such enthusiasm, lapping up the hopium and dreaming of being rich.
228 days ago
I start with the launch of Jezza's new party for economic illterates and urge you to join. Hear me out, it is free. Then chatting to Sath at Bluebird Mining Ventures (BMV) and finally Coinsilium (COIN), London Bitcoin (BTC) and Smarter Web (SWC), a stark reminder of what a grifter and chancer Andrew Webley is in today's results and what, I predict, is the next chapter for the sector.
232 days ago
I discuss Sharestock where i am holding a seat for Mick so there are really only NINE tickets left so BOOK NOW HERE. Then Predator Oil & Gas (PRD) a placing and a monster lie from a team of scumbags, Skinbiotherapeutics (SBTX) and what AIM Rules actually say and London Bitcoin Company (BTC) and Argo Blockchain (ARB) and how bitcoin miners are still burning cash despite record bitcoin prces and why Argo is just a monumental sell.
232 days ago
And it is not good news unless you are, like me, a bear! Today the David Lenigas bitcoin spoof London Bitcoin Company (BTC), formerly Vinanz announced that it had spent $2.48 million buying another 20.94 bitcoin. Look at the exact numbers carefully.
240 days ago
I believe him. Not that this alters the bear case for London Bitcoin Company (BTC), in fact what really happened makes it more compelling. I discuss plans for state run slop-houses, another small incident adding to my despair about the moral, politcal and econonomic fate of the West. Then to Optibiotx (OPTI) and why you should keep on voting for Resolution 1 and against 2,3,4 and 5 at the forthcoming AGM
243 days ago
I start with holida reading here at the Greek Hovel which will horrify Euroloon Jonathan Price and others. Then a rare defeat at the FRC over Versarien (VRS) but surely AIM Regulation should be acting. Then the stink about today's disastous fund raise at David Lenigas spoof, the London Bitcoin Company (BTC). Is the bitcoin in treasury bubble bursting or the Lenigas bubble bursting? Regulators should be all over this. How many fund raises has it had since a January prospectus saying it had no need to raise for 12 months? I also look at CapAI (CPAI), surely placing ahoy!
243 days ago
Bears shit in the woods. The Pope is always a Catholic and David Lenigas always mugs private investors. The key point to remember with the London Bitcoin Company (BTC), formerly Vinanz, is that Big Dave paid just 0.25p for his shares less than two years ago just before its IPO. When the bitcoin in treasury bubble totally bursts and Dave has moved onto his next ramp, if he can sell at 3p or 4p he will have made out like a bandito. Mugs who were paying 55p just a couple of weeks ago will be wiped out. Plus Ca Change. Today a placing has flopped at just 13p.
244 days ago
It was only a couple of weeks ago that shares in David Lenigas created bitcoin spoofers London Bitcoin Company (BTC), formerly known as Vinanz, were 55p. Today they are 14.75p. That rebranding and a diahreoa of silly memes and other tweets from Big Dave has really paid off. Today comes another massive red flag
250 days ago
The old shyster from the country where 1/3 of folks are descended from petty criminals does not like being called out. I am mortified.
254 days ago
Paul Scott pleaded for this article from his blog to get a wider audience, begging "Please share widely". I'm happy to help the old soak. The thirsty one writes...
256 days ago
I discuss the UK welfare numbers and how Gresham's Law can apply to people too. Then schadenfreude, The Smarter Web Company (SWC), Vinanz (BTC), Coinsilium (COIN), TAO Alpha (TAO) and Cel AI (CLAI) and the Bixby/Edwards gang.
256 days ago
If I had a tenner for every ramptastic tweet that David Lenigas has posted over the years my yacht would be parked next to his gin palace in Monaco. Natch, no shareholders in all the crap he has promoted are parked up in the marina. Right now he is tweeting like a dervish in support of Vinanz (BTC) his ludicrously overvalued cash guzzling bitcoin miner which now owns a few bitcoin in its bitcoin in treasury strategy.
258 days ago
I am still humbled by the suggestion HERE that it is within my power to wipe a billion quid off the valuation of joke bitcoin in treasury companies in my role as co-ordinator of the global shorting conspiracy. Just when you thought that investors in Vinanz (BTC), off from 54p to 29.5p in just over 24 hours or The Smarter Web Company (SWC). Down from 500p to 295p over the past day, could not get any madder…
259 days ago
Once again, Vinanz (BTC), the failing bitcoin miner run by David Lenigas has announced that part of a fund raise has been used to buy bitcoin, the rest is needed to support ongoing cashburn. But the numbers do not add up.
260 days ago
Of all the worthless shit David Lenigas has promoted over the years from the Lonrho fraud to the “6 billion barrels at Horse Hill" with UK Oil & Gas, this must be his finest day. At 35p, Vinanz (BTC) is now capitalized at more than £100 million, £115 million to be precise. Lenigas paid just 0.25p for his shares less than two years ago. The man is a genius…er.
263 days ago
I was a bear of Pennpetro (PPP) from the day that it came onto my radar when Big Dave Lenigas joined as chairman of what was an insolvent crock of shit. The shares are suspended amid clear evidence of fraud and a financial crisis. Now it looks as if Pennpetro will survive although shareholders are going to get diluted to buggery and will lose their shirts. The big question is whether the FCA will investigate whether Lenigas and ex CEO Tom Evans profited from fraud and will they do anything.
266 days ago
As it moved to the AQSE lobster pot to the Main market at 21p in January of this year, Dave Lenigas shitcoin play Vinanz (BTC), insisted that it was funded for a year. By May it had taken out a $4 million death spiral and now it has raised £3.579 million at 13.75p in a subscription and WRAP retail offer. Hopping on board to join the ramp, PR genius Stephi, now a self-styled crypto guru makes a statement that may or may not be true.
280 days ago
Regulators should be all over this. I discuss what increase in the bitcoin price is needed to justify the current share prices of Vinanz (BTC), The Smarter Web Company (SWC), Ckyel AI (CYK) and Cel AI (CLAI) and the scoundrels behind each of them.
295 days ago
300 days ago
375 days ago
998 days ago
Of course, the big undeclared (until the last minute) related party deal was the sale of Valereum’s (VLRM) bitcoin mining machines to the Lenigas spoof Vinanz (BTC), originally posited as an arm’s length deal. Many moons later as the Vinanz IPO finally happened the prospectus revealed that Valereum boss Richard Poulden owed a stack of low price (0.25p as opposed to the 3p IPO price) shares in Vinanz. But here is another stinker which emerged yesterday …
1005 days ago
Vinanz (BTC) The sub scale bitcoin miner which does crazy deals with pals of its founder David Lenigas listed on the Aquis lobster pot at 3p. Its shares are today, despite Lenigas personally hoovering up any (loose but wise) sellers, still just 3p to sell as nobody is buying the Lenigas bull. Since Lenigas and his pals like Richard Poulden got in at 0.25p they don’t care but instead the company serves up another bullshit spoof.
1035 days ago
You would have thought that if you really wanted to buy more shares in your company you would not be ramping the arse off it to try to push the share price up? That brings us to David Lenigas and news today that he has bought 400,000 shares in his Aquis listed bitcoin promote Vinanz (BTC). This stinks and is a sell signal.
1036 days ago
The David Lenigas run bitcoin miner Vinanz (BTC) has announced its first deal since its IPO on the Aquis lobster pot: “ Bitcoin Mining Processing Power Increases 650% with New BTC Miner Order”. This is classic Leni-maths and the beneficiary is Big Dave’s bromance partner Richard Poulden. Let me explain.
1051 days ago
Yesterday I pointed out the rapacious greed of David Lenigas and Richard Poulden in allotting themselves shares in Vinanz (BTC) at 0.25p two weeks before mug punters, roped in by salesmen charging 8% commission, paid 3p ahead of the Aquis IPO. Unable to deal with the awkward facts, Lenigas took to twitter yesterday to tell lies, with Poulden loyally retweeting every smear his master posted.
1052 days ago
Where there is a bandwagon to jump on, Big Dave Lenigas will jump on it. The stench is everywhere at the Aquis lobster pot as Lenigas has made a, very unwelcome, return to the UK IPO scene. As ever the stench is of greed. Vinanz (BTC) is ostensibly a sub scale bitcoin miner.
