litigation

11 days ago

Tern settles with SVV, I predict yet another rescue placing before Christmas

Tern’s (TERN) RNS announcement today that it has settled the SVV2 litigation for £73,740 versus the potential exposure of £200,000 is a positive. It has a minor 1% impact on last published net asset value of £7,422,000. It does however, along with other cash outflows, mean that yet another placing is likely, no inevitable, before Christmas as the analysis below shows:

342 days ago

EXPOSE: Lift Global Ventures dramatic slump in revenue and large fair value gains and losses not explained in non compliant results announcement

Lift Global Ventures (LFT) published its final results to 30 June 2025 yesterday. It also published another RNS about its proposed pivot to artificial intelligence as Dave Richards MBE of the Wandisco fraud infamy seized control from brown envelope man Zak Mir, which I will cover later.

3684 days ago

Nighthawk - Top Oil Analyst Zac "The Knife" Phillips says it has misled investors again

Nighthawk Energy (HAWK) has announced that it has settled US litigation today which is good news. The bad news is that the settlement is nothing like what is described in the RNS. The company is misleading investors in saying that this is a nil cash settlement. And thus the City's top oil analyst, Zac "the Knife" Phillips of SP Angel senses blood. He writes: