3033 days ago
After 89 days the Golden Saint Resources (GSR) crowd funded debt death spiral organised by Crowdforangfels and its imbecilic compliance officer Gollum Gill was pulled last night. It had raised just £3,350 - just a little way below the minumum of £50,000 and the £250,000 target. This morning Golden has fessed up to the flop.
This humiliating exercise will have cost it £2500 + VAT - £3,000 and proceeds are nil. The FCA should be looking at slamming Crowdfor Angels and Gollum on two points:
3035 days ago
Why has Nomad Roland "fatty" Cornish not yet had shares in insolvent Golden Saint Resources (GSR) suspended? After all it is totally bust. Perhaps it is in the hope that its crowd funded debt death spiral organised by Richard "Gollum" Gill would be a saviour? If so I have bad news because after 88 days...
3063 days ago
As we have pointed out numerous times, the crowd funded debt death spiral has failed. Golden Saint Resources (GSR) managed to raise a net £159,000 two weeks ago in a bucket shop placing but is still completely out of cash. It is bust. It is trading while insolvent. Yet still the pretence goes on with an "operational update." What bollocks.
3080 days ago
Floated on the AIM casino 18 months ago at 10p, shares in the insolvent Golden Saint Resources (GSR) are sliding again today and are now just 0.035p to sell (loss since IPO of 99.965%) so how is its crowd funded debt death spiral doing. I am afraid that the news is not good on day 42.
3097 days ago
Totally insolvent AIM Golden Saint Resources (GSR) had a cracking day 26 on its live crowd funded debt death spiral – some mug punter pledged £1000. That means that £3,200 has now been pledged (admittedly at least £800 of that coming from imbecilic Northern slum refugee Richard “Gollum” Gill and colleagues at crowdforangels) and so the net proceeds (inc VAT outflows are now) a massive £88. Yes after 26 days Golden Saint has raised a net £88, enough to pay for the invaluable services of PR genius Stefania for approximately twenty two and a half hours. So …
3108 days ago
You will remember that AIM listed Golden Saint Resources (GSR) is out of cash and trading while insolvent as it burns up to £6,000 a day but that its rescue plan was to raise £250,000 via a crowd funded debt death spiral masterminded by Northern slum refugee the talentless little shit Richard “Gollum” Gill and crowdforangels. So what is the update on day 15?
3112 days ago
By now it is clear after the numerous scandals at New World Oil & Gas (NEW), Gate Ventures (GATE) and so many others that we’ve forgotten, that Roland “fatty” Cornish is officially London’s worst Nomad. His latest triumph is to allow shares in Golden Saint Resources (GSR) to continue to trade even though the company is insolvent and its Richard "Gollum" Gill crowd funded debt death spiral has only raised MINUS £1938.50. To celebrate this walking disaster story we have another caption contest. Don’t hold back…there is a prize.
3114 days ago
It goes without saying that there live execution of insolvent AIM listed POS Golden Saint Resources (GSR) via a crowd funded debt death spiral is not going well. The past 24 hours has seen another £0 raised meaning that on day nine net proceeds are still MINUS £1938.50. But an eagle eyed reader has flagged up a weekend change, as CrowdforAngels tries to cover up how investors are being spoofed.
3117 days ago
It is all action at crowdforangels, the crowd funding operation which asked for trouble when it hired as its compliance officer, Northern Slum refugee and prize tool Richard “Gollum” Gill. Six days ago it set out to raise £250,000 in a crowd funded debt death spiral for AIM listed insolvent POS Golden Saint Resources (GSR). The big news from the last 24 hours is….
3118 days ago
The public execution of insolvent AIM listed POS Golden Saint Resources (GSR) gets more gripping by the day. 24 hours ago ( day 5) the company had raised £300 from mug punters and £800 from staff at crowdforangels including imbecilic compliance officer Gollum, meaning that the net proceeds of this crowd funded debt death spiral were still MINUS £1938.50. Today the total raised is…
3119 days ago
Today is day 5 of POS AIM listed Golden Saint Resources (GSR) attempt to avoid insolvency with a £250,000 crowd funded debt death spiral. As we noted on Sunday (HERE), £800 has been chipped in so far by employees of crowdforangels including its imbecilic compliance officer Gollum (HERE). So how much has been raised on day 5? And just how insolvent is the company? Er..
3121 days ago
Another day gone and things look even grimmer in the execution chamber as we watch the public death of AIM POS Golden Saint Resources (GSR). Still only £1100 of the £250,000 needed has been pledged which means that – after costs – three days of the crowd funded debt death spiral has realised a net MINUS £1,938.50. But I am afraid the true picture is EVEN WORSE than that. Moreover…now it is time to meet Gollum, the mastermind behind this fiasco.
