expose

2 days ago

EXPOSE: Eden Research – something doesn’t add up with TerpeneTech accounts

At Companies House, Eden Research’s  (EDEN) 29.9% associate TerpeneTech has finally published its long delayed accounts for the year ended 31 December 2022 originally due on 30 September 2023.    We can now compare the disclosures made with those made by Eden in its accounts for the year ended 31 December 2022 published on 4 May 2023 in respect of TerpeneTech in Note 15.  The results are set out below:

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19 days ago

MAJOR EXPOSE: RegTech Open Project, the Eram Capital hyperbole - the FCA should be all over this!

Further to my previous article on Regtech Open (RTOP) and its first UK client which it claimed was “a major UK investor and strategic operator in key industries with a mature business continuity capability”, I have taken a further look at Eram Capital Partners Limited. You are going to be absolutely horrified.

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27 days ago

Tom Winnifrith Bearcast: Evri/Hermes, a lesson in how screwing stakeholders other than shareholders will kill you in the end

I start with some pre Christmas chit chat and then turn to my own actually related experiences this week with Britain’s worst delivery company Evri, formerly Hermes. They tally with a Daily Mail expose today HERE and have lessons for all investors about rebranding and screwing non shareholder stakeholders.

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44 days ago

EXPOSE: Supply@ME Capital – a £4 million black hole in its balance sheet by year end and when will HMRC pull the trigger with a winding up notice?

The interim accounts for the six months to June 30th showed that the fraud Supply@ME Capital (SYME) had net liabilities of £2,108,000 meaning that it was technically insolvent because liabilities exceeded assets. The ongoing business lost £2,376,000 in the six months, roughly around £400,000 per month. By the year end of 31 December 2023, in under a months’ time, Supply will be looking at a £4 million excess of liabilities over assets.

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113 days ago

EXPOSE: The stockmarket high jinks and spoofery of the newly elected Lord Mayor of London Michael Mainelli

I have always viewed the Lord Mayor and Alderman of the City of London as a cross between the freemasons and the Christmas pantomime at the local theatre. But I am told that it is a serious body and that I must show it due respect. Like hell I will, the newly elected Lord Mayor is Michael Mainelli whose antics have featured on these pages in days gone by. Mainelli is best of mates with those pantomime villains of the AIM scene David Lenigas and Richard Poulden.

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266 days ago

BREAKING EXPOSE: Tintra – has it been misleading shareholders about its high-priced share issues?

Today, at a leisurely 9am just an hour before its scheduled AGM (for which notice was provided on 7 July 2023), Tintra (TNT) issued its unaudited results for the year ended 31 January 2023. That is not the act of scholars and gentlemen and naturally demands further scrutiny. What is being hidden?

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350 days ago

BOMBSHELL EXPOSE: Alpha Growth results – wholesale breaches of IFRS, FRC should be all over this!

Alpha  Growth (ALGW) published its accounts for the year ended 31 December 2022 on Tuesday. The FRC should be all over this one as the breaches of IFRS rules are material and on an industrial scale.

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541 days ago

Tom Winnifrith Bearcast: this is a bloody good one if I say so myself

Sometimes I switch off my PC thinking that was not a very good podcast. Most days I am content but today is one of those days when I think “that was a bloody good podcast” I start of with why this website is not free and how you need to change business models if the world changes and then as to the strange idea that we have a “house view” on any given stock. That is with reference to ITM Power (ITM) which I then cover in detail (more ouzo for me and for Peter Brailey, cold cabbage water for comrade Malcolm Stacey of the 6th Guardianista peaceand flower power corps). I also look in detail at the spoof from Advanced Oncotherapy (AVO), Deepverge (DVRG) en passant, but which is covered in more detail HERE, and Bidstack (BIDS) after my bombshell expose c/o Winnileaks earlier. A good day’s work. Now I can go and weed my onion patch in peace. 

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557 days ago

BREAKING EXPOSE: More howling prospectus errors signed off by the FCA – Supply@ME Capital and the £24m blunder

The FCA must approve any prospectus for the Standard List and it has approved that for the fraud Supply@ME Capital (SYME) so allowing it to issue more of its worthless shares. At a proper regulator heads would roll for these massive blunders.

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639 days ago

DETAILED EXPOSE: Eight Capital Partners – the bastard little brother of the fraud Supply@ME Capital – accounting howlers exposed

Oh dear, oh dear. This should be another massive red flag for the morons who own shares in the Supply@ME Capital (SYME) fraud to ignore. It will also prompt a formal complaint to the FRC about auditors PKF Littlejohn and Eight itself.

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719 days ago

SHOCKING EXPOSE: Anthony Joshua backed Love Hemp admits it lied about fund raise but lies again as advisor quits and shares suspended

First thing yesterday morning shares in Love Hemp (LIFE) the pot play backed by boxer Anthony Joshua saw its shares suspended. At 4.35 PM it fessed to the grisly truth: it had lied about a fund raise announced on 8 February. But then it carried on lying. No wonder, adviser Peterhouse has resigned.

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833 days ago

Tom Winnifrith Bearcast: Not just farts in a jar but NFT's of farts in a jar and also David Bramhill

I start with a belated Happy Birthday which I hope you will join me in saying. Then onto what NFT’s of farts in a jar tells us about this insane world of investment. That naturally leads onto David Bramhill and Union Jack Oil (UJO) and today’s utterly shock expose. It left me in a sort of moral quandry but I decided I had to publish. So what next? 

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877 days ago

BREAKING: ADM Energy – to fall for one fake sheikh is understandable but to fall for two looks like carelessness

This latest expose c/o Winnileaks is why shares in ADM Energy (ADME) should be suspended first thing Monday. Not only has the company and its hapless Nomad Carin sit on news of a major legal claim against it as I revealed yesterday but it seems to have met its second fake sheikh, a letter from whom is below. And to have used this fake sheikh to ramp the shares ahead of placings.

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886 days ago

Tom Winnifrith Bearcast: The fraudster Lyin' Chris Cleverly now President of $3.7bn company thanks to the FCA's abject failure

I start with Lyin’ Chris, a fraudster whose work at African Potash I exposed on these pages. Now thanks to the FCA being useless he is President of a $3.7 billion US listed company which will, I’m sure,end in tears. Well done the FCA. Then onto why failings in corporate governance lead to shareholders getting stiffed with reference to Edge VCT but more to today’s shocking new exposes on Sarah Willingham and Nightcap (NGHT)

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913 days ago

EXPOSE: Guild Esports– was a £5.5 million cash payment to David Beckham not properly recorded in the interim accounts?

On 30 June 2021, Guild Esports (GILD) published its interim financial statements for the six months ended 31 March 2021 which showed cash and cash equivalents of £15.86 million.  These interim financial statements were unaudited and unreviewed by their auditors.  However, they did state that they had been prepared in accordance with International Accounting Standard No 34. Hmmmm.

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915 days ago

Tom Winnifrith Bearcast: So Jo Battershill do you understand why you now have fleas?

In today’s podcast I discuss Optibiotix (OPTI) and another battle from the ShareProphets comments boards. Then I look at Alien Metals (UFO) and Anglesy Mining (AYM), at Kanobo (KNB), Guild ESports (GILD) and at Reabold Resources (RBD). I start with a few words on last night’s video recording with the All Party Parliamentary Group on Personal Banking and Fairer Financial Services. With reference to it, if I sound conceited it is because, in my humble opinion, I have every right to be. The Alien expose to which I refer is HERE.

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982 days ago

Tom Winnifrith Bearcast: Pardonnez moi je parle le Francais pour Jean Marc. Il est un grenouille qui achete merde

Maybe I have got my Franglais a bit wrong but I do my best as I explain why Jean Marc just does not get it with Braveheart (BRH) and the spiv Trevor Brown. I start with a few more words on why I hate the Greek seaside which the Mrs forces me to go to and which has put me in a foul mood as a result. It always does as I noted a few weeks ago. I then look at the ramptastic disaster that is Helium One (HE1) and then, mentioning today’s Pello expose, I go onto a detailed analysis of the position at the fraud Zoetic and why the shares, now down to 39.25p, are heading to between 0p and 5p.

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1017 days ago

Tom Winnifrith Bearcast: those magic words "I have 700 Euro for you here in cash" worked perfectly

I start with swimming pool news then look at today’s shocking Vast Resources (VAST) expose HERE. Then onto Berkeley Energia (BKY) – another reason to be glad about Brexit – then onto Cineworld (CINE) and Nightcap (NGHT). I save my football take for my own website HERE.

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1335 days ago

Tom Winnifrith Bearcast: Am I a nicer and more sociable guy than Luke Johnson and has Boohoo boobed in Leicester

I start with a look at Boohoo (BOO) shares in which a falling on back of reports in a paper founded on profits from the slave trade that suppliers in Leicester are using slave labour. Then I ask if Luke Johnson or I am more sociable and what this means about folks stopping working from home. Then onto gold stocks in general, Hummingbird (HUM), Kefi (KEFI), Red Rock Resources (RRR) and Ariana (AAU). I look at Amigo (AMGO) , Attis Oil (AOGL) and finally why today’s shocking Versarien (VRS) expose really could indicate a major scandal. Footnote:

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1351 days ago

BREAKING: Verditek confirms Tom Winnifrith expose – it DID mislead investors twice in 2019!

Verditek (VDTK) has been forced by my expose of last week to admit today that it DID mislead investors with regards to 2019 contract wins and revenues…

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1548 days ago

Tom Winnifrith Bearcast: the battle of the devout Christian giants: Matt Lofgran vs Flip Flop Ben Turney. Praise be the Lord

All we need now is for Julie “Lingerie on expenses” Meyer to enter the bust up at Nostra Terra Oil & Gas (NTOG) and the holy row would be complete. This will be entertaining if, I suspect, utterly pointless. I also comment on Versarien (VRS) correcting a BB loon – and flag up that I have a major AIM expose of a high profile, shortable, stock going live tomorrow morning. I explain why it is so interesting. Now I am off to do a Woodlarks training walk. So far we have £6600 raised or pledged - don’t be mean donate today HERE

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1961 days ago

Tom Winnifrith Bearcast: Hungover, travelling & Big Sofa - what a day

I had far too much to drink last night. But it really was not my fault. Thus as I travel across Greece today and back to Bristol I feel a bit worse for wear. In this podcast I comment on Hollywood Bowl (BOWL) in light of yesterday's corrupt journalism bearcast. I look at Andalas (ADL) forced to make a belated statement by this website's expose on Saturday HERE. I cover Big Sofa (BST) and LB Shell (LBP) another AIM Casino dog whose sole purpose was to support the lifestyles of crony capitalists.

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2026 days ago

Tom Winnifrith Bearcast: Hey Robbie Burns are you Darren Winters in a cheap suit? And why First Derivatives shares should more than halve!

Apparently Robbie Burns, The Naked Trader, is giving Darren Winters style uber expensive and useless trading courses at which he terms me a drunk. Hmmmm... As a sub 5 units a week man, my PA investing is not going so badly that I have to resort to being Darren Winters in a cheap suit.  The bulk of this podcast is on First Derivatives (FDP). After yesterday's bombshell expose I explain why the shares - down 25% last week - could easily more than halve again from here. 

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2327 days ago

Milestone Group – do we also need to talk about Adrian Towning?

In his expose yesterday, Cynical Bear raised several questions around the probity of Larry Cummins the CEO of Black Cactus Holdings group. I am sure that Milestone (MSG) is rushing to clarify whether this key player has a bogus CV. Perhaps while it is at it it might clarify something about another of the four key players at Black Cactus, Adrian Towning.

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2774 days ago

EXPOSE: Chris Cleverley of FRAUD African Potash - how good is your CV really?

Management is critical to any company. So how good is lyin' Chris Cleverley of the fraud African Potash (AFPO) and, until last week, Blenheim Natural Resources (BNR). Supporters say that he is a whizz kid. So let's look at all those companies where he also sites on the board. As at December 2015 he numbered five other current posts and 18 others within the prior five years. a busy chap. But what value did Chris create? This will utterly horrify you. 

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2804 days ago

Golden Saint Resources - Dynamite allegations - Cyril d'Silva's ex brother in law writes

This post appeared on our comments section yesterady after an expose (HERE) about Golden Saint Resources (GSR). The post is written by the former brother in law of Golden Saint founder Cyril d'Silva. I have today spoken to him and there is far more to come. How on earth Roland "fatty" Cornish floated this worthless junk defies belief. But it was and still is clearly utterly worthless. Over to our new friend who writes:

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