investigation

1464 days ago

Tom Winnifrith: Is Bidstack PLC involved with latest smear campaign against me? I report myself to FCA

I have today reported myself to the FCA, on the basis of a smear campaign initiated by someone who appears to be close to Bidstack PLC (BIDS). I have asked the FCA to investigate in full the, demonstrably untrue accusations made against me, and also the extent, if any, of the involvement of Bidstack and its officers in this poorly constructed hit job.

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1624 days ago

Formal Request to FRC to investigate PWC, Purecircle and ex CFO Rakesh Sinha

Shares in PureCircle (PURE) remain suspended as it struggles to publish its June 30 2019 accounts. But we are already warned that there will be restatements of 2018 and possibly 2017. But these restatements, which relate to the carrying value of inventory, were repeatedly predicted by ourselves for many years as you can see HERE.  My good friends and keen admirers of my work, The Financial Reporting Council must launch an urgent and full investigation. I have written to the FRC today as you can see below.

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1673 days ago

Formal Request to AIM Regulation and FCA to investigate Brady PLC and Nomad Cenkos

Yesterday I revealed, HERE, the shocking way that Brady PLC (BRY) had withheld damaging price sensitive information from the AIM Market and investors, in part with the collusion of Nomad Cenkos. With the company now having to raise £3 million in just six weeks simply to meet November payroll but needing far more to be viable, it and Cenkos are still dissembling about the nature and scale of its problems. I have today written to AIM Regulation and the FCA asking for a formal investigation and to force Brady to come clean. The letter is below

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1920 days ago

Julie Meyer plays the victim card again #Metoo

It is nothing to do with sticking lingerie on expenses while staff and creditors go unpaid, with the criminal charges in Malta, with the millions of pounds of other folks money she has blown, with the MSFA, FCA, SFO, HMRC, IRS and ActionFraud investigations, with the unsettled CCJs, the only reason anyone ever says anything bad about Julie Meyer is because they are men, she is a woman and thus a victim. Whatever...

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1955 days ago

Frontera Resources Court Filing - hung in its own words: we publish damning court filing

 The court filing below hangs Frontera (FRR) in its own words. It makes it clear that it is in default on the Outrider loans so is likely to lose all its assets. It also lays bare its failure to secure external funding throughout the past nine months and its now utterly parlous financial state. The shares should be suspended first thing Monday. If not they will utterly collapse. If you have ignored my repeated warnings and can sell Monday do so at any price. And this document may trigger another FCA investigation.

For it shows that Outrider can veto any new loans - surely that is something Frontera should have revealed when claiming it had a $60 million term sheet (i.e it had asked for a loan). Surely that non disclosure misled investors? How long can Nomad Cairn continue to act for Frontera? A resignation and share suspension surely cannot be ruled out in light of this latest bombshell.

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1956 days ago

Winnileaks: Breaking - Frontera Resources under FCA investigation for misleading investors

The Winnileaks service has been provided with an email sent by an investor which confirms that investigations are underway into whether Frontera Resources (FRR) has mislead investors. Facing two big court cases, out of cash, drowning in debt and burning cash could this be the final straw?  It goes without saying that the shares are a sell. the email is below:

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2109 days ago

Winnileaks strikes again - Julie Meyer files documents with MSFA after her team agree to submit a false resignation date

Oh dear, oh dear, the cutlure of legging over regulators with false submissions at the Ariadne ponzi scheme headed up by Julie "lingerie on expenses" Meyer seems endemic.  In this email thread below followed by the filing submitted by Meyer herself we see Malta employee Chris Cachia and ex in house lawyer Peter Bradley discussing how to avoid financial penalties for Ariadne in Malta by not telling the truth about the date a key officer, Peter Hale, actually resigned. Natch I have passed this on to the MFSA for it to consider as part of its ongoing and wide ranging investigatiuons into Ariadne and Ms Meyer.

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2283 days ago

Exclusive: David Lenigas run Afriag Global under formal investigation in South Africa

I have been shown emails which confirm that NEX Markets listed AIM refugee Afriag Global (AFRI), founded and run by David Lenigas is now under a formal investigation by South Africa's Companies and Intellectual Properties Commission (CIPC). Given the allegations about Yusuf Kajee and Paul de Robillard, the key players in Afriag earlier today, the company and those involved are now likely to come under inense scrutiny from regulators in London.

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