2510 days ago
Surprise surprise shareholders in Fusionex (FXI) voted to delist the shares from AIM. Management and stooges had the vote sown up anyway so won 85% to 15%. The shares will cease trading on 26 June. CEO Ivan Teh must have really pissed off the owners of 5.4 million shares who voted against.
2779 days ago
Hat tip to reader G for fisking the horseshit RNS from Avanti Communications (AVN) on Friday which should be read as a tacit admission that the game is over. This remains a slam dunk sell and almost certain zero. Here's why.
2785 days ago
Today Cloudtag (CTAG) has announced yet another placing and also an operational update. It is all horseshit and if you think carefully about what Cloudtag claims it just does not make sense. Clearly Nomad Cairn is more interested in banking its retainers than in verifying claims made that cannot logically be correct. That, and more, in this bonus podcast.
2807 days ago
There is more horseshit today in an RNS from FastForward Innovations (FFWD), The money is running our fast. CEO Lorne Abony is in full ramping mode as he know he needs to get a placing away this fall or the game is up. The shares trade at a vast premium to NAV so what to do? Ramp again of course. All is explained in this bonus podcast.
2820 days ago
Wow! Blenheim Natural Resources (BNR) just got an option to buy 7.5% of a great company for just £1. And the company has an amazing gold and copper asset in Bongo Bongo land. It sounds almost too good to be true...precisely. Caveat emptor this looks like a pre placing ramptastic load of horseshit. So lets investigate and "fiske" the news.
Blenheim says that it:
