Personal and undiluted views
scandal

26 days ago

Tom Winnifrith Bearcast: as insanity rages I look at the thoughts of 3 great sex symbols and investment legends: Becks, Lucian Miers and Malcolm Stacey

I start with a joke about Lord George Young and the late Jimmy Savile prompted by a discovery my sister made today in Shipston. Then I look at IQE (IQE), Cineworld (CINE) and the scandal that is the David Beckham linked pot IPO.

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36 days ago

Bombshell: Has Eurasia Mining been sitting on price sensitive information re shock resignation and is it leaking to “secret” chatroom members

You would have thought that after the last scandal we exposed, where Zak Mir acted as a good German and posted on the private Telegram chatroom false ramps on the orders of a Eurasia Mining (EUA) director, the company would be a bit more careful about how it discloses information. Think again. Today the shares crashed by 40% as it was announced that M&A director Alexei Chukov dumped 27.4 million shares at 29p. On the “private and secret” Telegram chatroom punters panicked as we showed you HERE.

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38 days ago

Nicola Sturgeon and the dynamite scandal being covered up with her Independence bluster

Let’s be clear, as a resident of Wales, I support Scottish (and Welsh) Independence for the reasons explained HERE. I might add, that with Scotland heavy net takers from the Union, in terms of tax and spend, the rest of us would be much better off if the jocks buggered off as soon as possible. Having said all of that, the demands from Nicola Sturgeon and her inner circle for a new vote should be exposed for what they are, part of a scandalous cover up.

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44 days ago

High Street Group – at last some clarity emerges over its financial position and its ugly & still the FCA does SFA

I have been warning for a long time that High Street Group is another mini bond disaster waiting to happen, another scandal the FCA has fecked up on. Now we have news. The accounts for the year 31 December 2018, yes that is right the 2018 accounts of the High Street Group Limited, have finally been filed at Companies House.

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79 days ago

Tom Winnifrith Bearcast: the 1 AIM share you must Fill Your Boots with NOW, don't wait just buy

In today’s podcast I discuss Joshua’s Advent calendar then look at 2 very naughty Nomads and 2 of their grossly over-valued clients. Roland “Fatty” Cornish looks after European Metal Holdings (EMH). Liam Murray of Cairn looks after the ultimate Penny Dreadful, Catenae (CTEA). Then I return to Sarah Willingham’s NightJar and why she is destroying value for morons who pony up £6 million for the IPO on day 1. This is a scandal and Nomad Allenby should be ashamed. Then onto Purplebricks (PURP) before I look at Summerway (SWC) and why, whatever you pay you MUST buy its shares ASAP

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173 days ago

Tom Winnifrith Bearcast: can you assist me in unpicking Innovate UK - I smell a massive fraud on we the UK taxpayer

I may be in the gulags of Merthyr Tydfil by tomorrow night so if there is no Monday bearcast, you know why. I look at abuse of furlough and how some folks want this madness to continue and then at the Government’s bonkers demands of the EU to allow it to hand out vast sums to British companies. In that vein, I flag up my latest expose of Innovate UK HERE. I sense this scandal is massive and will grow. If any of you are bored and want to assist uncovering it, the relevant link is HERE.

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173 days ago

BREAKING: Another Innovate UK scandal - £4.6m spunked on Haydale Graphene for what?

We have already exposed the cavalier way Innovate UK has spunked taxpayer cash on Versarien (VRS) with zero accountability. Next in line seems to be Verditek (VDTK). Now I turn to Haydale Graphene (HAYD).

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185 days ago

Tom Winnifrith Bearcast - the final straw from Rishi and why [email protected] is such a scandal

Many of you will be waking up to news in all the papers as to how Rishi Sunak is to steal your cash to pay for folks stealing money on furlough fraud, stealing it via criminal Covid loans and to pay for pay rises for the idle bedwetting teachers, Policemen taking a knee and GPs on £100,000 sitting at home and taking the odd call on skype from patients. This is the last straw and sends out such an appalling message about doing business in Britain. Then onto today’s shocking revelations about [email protected] Capital (SYME) and why it is such a scandal.

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189 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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189 days ago

BREAKING Scandal: The 16 other Innovate UK grants to Versarien exposed - what return has the taxpayer had on them? Nil!

As things stand, Versarien (VRShas drawn down the first 40% of a £5 million low interest loan from taxpayer-funded Innovate UK despite demonstrably being ineligible for what is the body’s biggest ever loan - indeed admitting in its own annual report that it breaches the eligibility criteria. That is a scandal. But I can now show why this scandal is far worse and suggests that Innovate UK hands out cash to favoured companies on an utterly indiscriminate and un-monitored manner which no assessment of whether its funding delivers any return or benefits for taxpayers. What follows is shocking. A co-conspirator has raised the issue of the illegitimate loan with Innovate UK and has this response from a Matthew Oswin:

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243 days ago

Tom Winnifrith Bearcast: Boohoo.com, Baillie Gifford, slave labour & Leicester

I start with a few words on the end of lockdown for those of us living within 5 miles of England. Then I look at the growing scandal involving Boohoo.com (BOO), and its suppliers using slave labour in, Leicester, spreading disease and treating workers like, well, slaves. It is a scandal. But who will Baillie Gifford which wanks for Britain on virtue signalling ethical investing (see HERE) react as it is a major Boohoo backer? Now Matt Earl’s words about bumper margins at Boohoo, in my second video show HERE,  seem even more prescient.  PS remember to book your seats for MineProphets on July 18 HERE.

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270 days ago

Is Zak Mir still a Good German - the Powerhouse Energy ramp

I noted that in terms of the Eurasia Mining (EUA) scandal, my old friend, the Sith Lord Zak Mir played his part in the promote only becuase he was obeying orders. Now I see that he is pushing shares in almost insolvent Powerhouse Energy (PHE) ahead of its merger with almost insolvent Wastte2tricity. Peter Brailey exposed the ludicrous nature of Zak’s ramping HERE yesterday.

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296 days ago

Wellesley Finance Plc – how much longer can the mini bond lender stagger on? And why has the FCA not stepped in?

This has all the hallmarks of another mini bond scandal which the FCA has failed to deal with, so allowing more and more folks to lose their hard earned…Last time I looked at Wellesley it was in the context of its parent Wellesley Group Investors Limited making an offer to buy Urban Exposure Plc.  I called that out as spoof bid and nothing more has been heard from Wellesley in the last two weeks.

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332 days ago

Tom Winnifrith Bearcast: No longer a down and out old man but a throwback to the 1970s & I hate James Hay

Yes, after three weeks, I have shaved off a lockdown beard that was white, grey, black and brown and made me look like an elderly Big Issue seller. But having run out of foam i still have a dark moustache and so am now a throwback to the 1970s. The good old days.  I discuss this and also the idea that we will see a dramatic post Coronavirus economic, stockmarket and oil price recovery. I look at Easyjet (EZJ), Angling Direct (ANG) – using it as a case study of how the economy really is snagged so badly – and at the scandal at Versarien (VRS) where lyin’ Neill Ricketts now stands totally exposed with regards to his share dumping a year ago. Surely the regulators must act now. I discuss how James Hay are m aking my life a misery with their incompetence lover my SIPP transfer.  Finally an appeal from Darren please send your views of your new home desks and the views from your window to [email protected]  

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411 days ago

Tom Winnifrith Bearcast: the Bulletin Board Moron being paid £1,000 a month by an AIM Company to ramp - how widespread is this practice?

Natch, if one believes the morons, it is only folks like myself, Steve Moore and shorters like Lucian Miers, Carson Block and Waseem Shakoor who commit market abuse by, er, telling the truth. Is it wrong for companies to pay morons as well as whore bloggers to ramp. Having now discovered one company where this is going on I discuss just how big this issue is and whether and why it is a scandal.

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411 days ago

Tom Winnifrith Bearcast: I'm sitting on a dynamite resignation letter + No Gold you are ( as usual) wrong Steve O'Hara is NOT a liar

The resignation letter from a NED at an AIM listed company is a shocker. So far there has been no RNS. If the company does not come clean on what is in the letter I shall publish in full on Monday as it opens up a serioes of cans of worms which raises far bigger scandals I suspect. I discus this at length. I also look at Plutus Powergen (PG), Zinc Media (ZIN) and in great detail Optibiotix (OPTI) where the professional cynics have got it wrong and need to apologise. I have bought more shares on the back of today’s interims and explain why.

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416 days ago

Tom Winnifrith Bearcast: fake sheiks & Nomads in the doghouse on another day of utter shame for the scandal plagued AIM Casino

I start with an update on ADVFN’s paedo guy, then it is onto the role of Nomads on the AIM Casino, what they are meant to do and the problems they face. I look at three Nomads and their clients: Lekoil (LEK), Versarien (VRS) and Anglo African Oil & Gas (AAOG) plus I discuss Tizania (TILS) and today’s monster spoof from almost insolvent Iconic Labs (ICON).

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423 days ago

BREAKING: Wakey wakey FCA: Wellesley Finance PLC – another £100m mini bond accident & scandal in the making

Well you have been warned repeatedly by myself for almost a year as was the FCA which, natch, did nothing. Wellesley Finance has finally filed its 6 months overdue accounts for the year ended 31 December 2018 at Companies House and they are truly dire.  The net loss before tax is £10,249,314 and a deficit on shareholders’ equity was £9,202,737. The auditors, unsurprisingly, cite a material uncertainty on going concern. Worrying times for the mini bond lenders who have lent £99,540,212 to Wellesley Finance Plc.  A further £64 million in Peer to Peer assets is held off the balance sheet. 

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466 days ago

FREE Podcast: ShareProphets Radio Edition NINETEEN with Tom Winnifrith on how housebuilders can collapse, the three top AIM overpromotes and the Appbox scam

There are no guests in this week’s show which is sponsored by Open Orphan PLC (ORPH). It is just me and I start with the idea of it’s too good to be true at Intu (INTU) and that leads me on to look in some detail at the compelling bear case against all the housebuilders and what that means for other sectors and for you and me. Then I look at the 3 most overpromoted stocks on AIM, Bidstack (BIDS), Versarien (VRS) and AFC Energy (AFC), the common themes and why shares in all three will eventually collapse. But there is a warning for the bears too. Then it is onto the up to £15 million Appbox Media, One True View scandal I exposed this week HERE. If you like this and can’t wait seven days for more of the same and are tired of being a cheapskate you should listen to my Bearcast every day.

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466 days ago

EXPOSE: The Appbox Media scandal – so who tried to wind it up last month and why? And about those RNS Reach lies....

Those suckered into putting their hard earned into Appbox Media have been promised a £150 million takeover but, er…no cash for three years. For reasons explained HERE last week, I, increasingly, think this is part of a complex £15 million boiler room scam in the heart of the City of London and have asked the FCA to investigate as a matter of urgency. Perhaps it might start with the recent attempt to wind Appbox up.

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476 days ago

Tom Winnifrith Bearcast: I really am going to have to go to the FRC about this one

In today’s podcast I look at PureCircle (PURE), the roll call of shame and who should be publicly executed. I also look at Dev Clever (DEV), Tissue Regenix (TRX) and, once again, at Blackmore Bond a mini bond car crash which appears imminent and is another part of what will be one of the biggest financial scandals for years.

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485 days ago

Tom Winnifrith Bearcast: Hey Ed what scandal are you going to "predict" next? Bernie Madoff? Enron?

I start and end with a request that each Bearcast listener backs the Woodlarks Christmas appeal. Even £2 each and we’d be there. So go on donate now HERE. Then it is onto reports that the stricken Woodford empire may be selling £500 million of healthcare stocks. But at what price? Then it is onto how Ed Croft of Stockopedia, the company that flagged up mega fraud Quindell as one of the top 10 AIM stocks to buy, is claiming to have “predicted” the  Neil Woodford scandal. Of course it did not but no doubt this persuades more folks to sign up to Ed’s flawed system.  Then I crow as I discuss Nanoco (NANO) which I called out as long ago as 2015 and discuss where next for Bahamas Petroleum (BPC) as its open offer flops.

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486 days ago

Tom Winnifrith Bearcast: Bruce Dickinson is not the heir to Wordsworth but does not deserve to lose £45m

I start with the tale of the lead singer of Iron Maiden and the UK’s crazy divorce laws, then a few words on the shrinking Tory poll lead and what that means. Then two things that really alarm me about Micro Focus (MCRO) and then onto the Neil Woodford blame game and the damage being done by those trying to deflect from their failings in this scandal.

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491 days ago

Tom Winnifrith Bearcast: a PE of 3 and some Brexit bollocks, don't be fooled

In today’s podcast I look at the looming General Election, at a pathetic excuse from Hargreaves Lansdowne (HL.) for not commenting on Neil Woodford, at Sound Energy (SOU), the ramp du jour Euraisia Mining (EUA), at the scandals at Tern (TERN) and Big Dish (DISH) and what they say about the institutionally useless FCA and AIM Regulation and at the profits warning from Empressaria (EMR). 

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491 days ago

Blackmore Bond – timber! Now that it is too late will the FCA finally wake up?

The FCA and our elected leaders at Westminster continue to pretend that the London & Capital Finance mini-bond scandal is a one off and not the tip of a vast mini-bond iceberg. Readers of this website know otherwise and we have flagged up a number of times that Blackmore Bond is likely to be the next scheme to topple. Here is more damning evidence for the regulator to ignore.

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495 days ago

Buy2LetCars.Com – another high yield investment accident regulated by the FCA waiting to happen

After mini bonds & Neil Woodford where do we think that the chocolate teapots at the FCA financial watchdog will be asleep at the wheel next?

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501 days ago

Tom Winnifrith Bearcast: Chris Frazer of Sirius is the bears' best friend

I start with a look at who might be sued in the Neil Woodford scandal, focussing in on the directors at Woodford Patient Capital Trust (WPCT). Then I lookl at another mini-bond disaster, this time involving Kevin McCloud of Grand Designs. Finally I discuss the latest deranged thoughts and acts of Chris Frazer of Sirius Minerals (SXX0 as he ponders an AIM (sorry main market) delisting. Timber!!!! He is, again, the bears best friend.

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501 days ago

Tom Winnifrith Bearcast: Neil Woodford, the book by myself, Cynical Bear and Nigel Somerville

The FT says today that no-one emerges from the Neil Woodford scandal with any credit. I beg to disagree with the PR cocksuckers at the deadwood press yet again. Meanwhile three folks who do emerge with real credit are now negotiating a book deal. I also look at Brady (BRY) and its crazy share price and in detail at uber dog Plutus Powergen (PPG)

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532 days ago

Following the money at Parkmead – I just cannot see how this is not another festering pus of an AIM scandal

We have written extensively on the various related party deals at Tom Cross fiefdom Parkmead (PMG) but belated companies house filings now allow us to follow the complete money trail and this stinks. I really cannot see how Nomad Arden can tolerate this unless, of course, it is morally bankrupt and only cares about getting another retainer.

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562 days ago

Blackmore Bond Plc – is the next domino in the mini bond scandal about to topple?

In early 2019, I wrote a series of articles on what has become a widely known minibond scandal.  On 6 January 2019, I flagged up a swathe of red flags at London and Capital Finance Plc (“LCF”) (now in administration).  On 3 February 2019, I asked whether Blackmore Bond Plc was another minibond disaster in the making? Well it looks increasingly like that was yet another incredibly prescient call, the latest warnings signs are:

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615 days ago

When will the dim MP’s get it? The mini bond scandal is so much more than LCF – new Blackmore red flag

Dim-witted MPs and poltroons of the deadwood press seem to think that the London & Capital Finance is a one-off. Sure the level of theft by Amber Rudd’s pal Simon Hume Kendall was obscene but as we have flagged up many times there are stacks of other LCF type mini bond scandals waiting to emerge.  I highlighted back in February 2019, a number of similarities between Blackmore Bond PLC and, now, insolvent London Capital and Finance Plc.

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615 days ago

SCANDALOUS: 67% Neil Woodford owned dog RM2: I demanded a statement, it’s here and its grim

On Monday I demanded that RM2 (RM2) make a statement to cklarify its (grim) financial position. Today it has obliged and this maker of “disruptive” pallets where Woodford Investment management funds have a 67% stake looks to be utterly fecked.

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635 days ago

Tom Winnifrith Bearcast: That knob Bryce Elder at the FT plus the Hargreaves Neil Woodford scandal is about to explode

I start with Bryce Elder at the FT. What a knob. Then it is onto new explosive revelations about Hargreaves Lansdown (HL.) was  selling Woodford funds for months while urging its retail clients to buy.

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636 days ago

Tom Winnifrith Bearcast: I want to call an EGM to sack the entire board at WPCT unless they fire Neil Woodford, who will join me?

I start this podcast with a look at some of the shite press coverage of the Woodford scandal today, notably Patrick Hosking in The Times and the Daily Mail. Then it is onto what ios the end game for Neil personally: jail? insolvency of WIM? A lifetime ban from financial services? Another OBE and more tea with his pal David Cameron? Finally I look at Woodford Patient Capital Trust (WPCT) and reach out to fellow shareholders. I wish to call an EGM to sack the board and explain why. can you help me?

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647 days ago

Tom Winnifrith Bearcast: Ha! Tough luck Jamie Oliver you patronising tosser

In this bearcast I look at the demise of Jamie’s overpriced restaurants, at Marks & Spencer (MKS), Management Resource Solutions (MRS), Wishbone Gold (WSBN) and the very real scandal at Westminster Group (WSG). Now, with two rogue bloggerettes joining our trek on Saturday, the total raised has moved up to £44,296.18 - if you are yet to donate please do so today HERE

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674 days ago

Johnny Mercer MP & the mini bond scandal, a useful dupe with a grossly inflated sense of self worth

Let us be clear: Johnny Mercer, the Tory MP is not involved in the London & Capital Finance scandal which we have done so much to expose. But he is personally profiting from what will prove to be the financial scandal of the year, the mini-bond mis-selling affair, and his reaction to criticism of his behaviour is lamentable.

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683 days ago

Tom Winnifrith Bearcast: Naughty naughty Lord Razzall (again), another mini bond blow up and yield, reward and risk

I staert with a few thoughts on Eazster and on the hollow words from our wretched Prime Minister Theresa May on protecting Christians who are under attack. I then have a few more words on lying Mail on Sunday journalist limp dick Jamie Nimmo. Finally with a hat tip to Jamie’s paper for breaking another mini bond scandal, MJS Capital, I discuss shamed Lord Razzall and the idea of what a high yield really tells you on a bond, a share or a house.On this day of gioving please make a donation to Rogue Bloggers for Woodlarks. 90% of those who listen almost every day to this podcast are yet to chip in, please correct that HERE!

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697 days ago

Tom Winnifrith Bearcast: Reviewing my portfolio

In this podcast I look at the  growing mini bond scandal as I flag up another ponzi waiting to collapse today HERE. Then I do a review of my own bull portfolio: Optibiotix (OPTI), Yourgene (YGEN), Concepta (CPT), Big Sofa (BST), Wishbone (WSBN), Kefi (KEFI), Reach4Entertainment (R4E), Falanx (FLX), Fox Marble (FOX), Berekely Energia (BKY) and Argo Blockchain (ARB). I did not mention Fox in the podcast so I'll do a seperate update later. Finally: why have you not joined the roll call of heros HERE? I say a few extra fucktards on that count.

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734 days ago

Tom Winnifrith Bearcast: Susan Searle of WPCT J'accuse & Great Scott: Revolution Bars is enough to turn a man to drink

I suggest listening to my Neil Woodford scandal bonus bearcast first HERE but I have another bone to pick with Susan Searle, the chairman of Woodford Patient Capital Trust (WPCT) on how she has screwed investirs today. Then I look nat Red Emperor (RMP), 88 Energy (88E), Pantheon Resources (PANR) and at Cabot Energy (CAB). Finally a look at the latest woes at Revolution Bars (RBG) - you really would have thought that Britain's thirstiest share blogger would have nailed this as his specialist subject but it appears not. If you enjoyed this podcast please support the EIGHT rogue bloggers for Woodlarks with a small donation HERE

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738 days ago

Tom Winnifrith Bearcast - is it time to stop kicking the shit out of Amur Minerals?

In today's bearcast I digress with some Booker family geneology but I discuss blue chip yield plays including Glaxo SmithKline (GSK) but then real estate plays such as British Land (BLND)  and finally the housebuilders notably Persimmon (PSN) and Crest Nicholson (CRST). Then I look at the scandal that is Mercantile Ports (MPL), TekCapital (TEK) and finally, in some detail, Amur Minerals (AMC).

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740 days ago

London and Capital Finance - the administrator lays bare the extent of the scandal

The administrator of London & Capital Finance has now laid bare the extent of the scandal which, as you can see HERE, this website has exposed. This mess, that the FCA overlooked until it was too late, will leave thousands of (mostly) elderly savers losing money on what they thought were low risk investments. This is a £236 million horror story as you can see in full in the document below.

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753 days ago

Tom Winnifrith Bearcast - this is the next mega financial scandal & the FCA has been asleep at the wheel

In today's bearcast I look at the woes of Lucian Miers, at Yourgene (YGEN), Interserve (IRV), Greatland Gold (GGP) - do the maths its placing ahoy! - WH Ireland (WHI) and FinnCrap (FCAP). Then I explain what will be the major financial scandal of 2019 hitting well over a hundred thousand folks where the FCA is only belatedly waking up to the problem, a problem it helped to create.

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774 days ago

Tom Winnifrith bearcast - bloodbath at the shopping mall & more shite journalism at the Sunday Times

In this podcast I look at the utterly useless coverage of the LCF scandal provided by the Sunday Times which seeks to blame the poor old FCA for daring to trying to stop a ponzi. I then look at the bloodbath on the high street and the madness and denial of some. There is comment on Patisserie Holdings (CAKE) and Pizza Express and also on house prices in New York and what that tells us about Brexit.

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868 days ago

Tom Winnifrith Bearcast - pricing and dating bailout placings at Cabot Energy and Asiamet

In today's podcast recorded in my makeshift studio, which is a car half way up a Greek Mountain, I note a landmark for this site, 20 million page views, then cover Rockfire (ROCK), Asiamet (ARS), Cabot Energy (CAB), CyanConnode (CYAN) and a mega scandal, Anglo African Agriculture (AAAP), Concepta (CPT) & Futura Medical (FUM)

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889 days ago

Tom Winnifrith Bearcast: Frontera Resources is quite simply bust, it is that simple

First things first. If you want free booze, canapes, a chance to see me rip Dominic Frisby apart on blockchain and bitcoin and to hear presentations from and quiz Falanx (FLX) and Premaitha (NIPT) then book a seat for 16 October in central London HERE. In the podcast I look at the madness of Corbyn once more in relation to the Natural rate of Unemployment in a non broken economy. I add to my earlier comments on troughery at Frontera (FRR) HERE by showing it is bankrupt. I cover Concepta (CPT), Fishing Republic (FISH), the Widecells (WDC) scandal and Wolf Minerals (WLFE).

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916 days ago

BREAKING: Andalas – the growing Badger scandal, is Nomad Beaumont Cornish happy to see investors misled as Atlantic goes on the record?

I have already flagged up comments by those close to Atlantic Petroleum, which showed that in a desperate attempt to ramp its shares ahead of yet another bailout placing, Andalas (ADL) was over-egging the Badger Pudding. Now Atlantic has gone on the record in a way that exposes Andalas big time and surely Nomad Beaumont Cornish must now force Andalas to issue a correction and stop its misleading pre-placing ramping?

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956 days ago

Tom Winnifrith Bearcast: I shall make this simple - how close to insolvency is Cabot & are its ex CEO and FD insider dealers?

You have less than a week of me berating you but as we celebrate Optibiotix (OPTI) reaching 100p ( twice) today I ask you to spare a tenner for a great cause. We are more than 80% of the way to hitting our £20,000 walk for Woodlarks target so ahead of 32 miles of pain for myself, Brokerman Dan & Lucian Miers please donate HERE. Elsewhere I look at IQE (IQE), Frontera (FRR), SalvarX (SALV), Pantheon Resources (PANR), Golden Prospect Precious Metals (GPPM) and finally what may be a major scandal at Cabot Energy (CAB).

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1039 days ago

UK Investor Show Main stage speaker Dr Johnny Hon on China fraud with Tom Winnifrith Cameo

I rather wondered what Dr Hon of The Global Group would say about China fraud on AIM but what he said was pretty explosive, exposing those within the City who quite deliberately and systematically broke Chinese rules to allow frauds to float in London. This was great stuff because the scandal is that those who did this still operate in the City today. I make a cameo appearance at the end. Enjoy.

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1048 days ago

Tom Winnifrith Bearcast - in awe of Cynical Bear and all my colleagues and feeling like a prat ( or not) over the AIQ scandal

I will see many of you at UK INvestor today. This was recorded last night as I struggled with my Neil Woodford talk. On that note I praise Cynical Bear for his amazing work on exposing Nomates but also all my colleagues at ShareProphets as working with them (even Darren) really can be good fun. I look like a bit of a prat selling my AIQ (AIQ) at 45p but a 130p share price at the close on Friday is a scandal and benefits no-one. I discuss what an outrage this is in detail and loom back to a similar bout of madness involving my pals Nick Leslau and Nigel Wray back in the dot com era. That was market madness, this is - I think - a genuine scandal.

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1073 days ago

Tom Winnifrith Bearcast: Gloo Networks excusing my fecking French but this is a fecking disgrace at all levels

In this bearcast I cover Sosandar (SOS) as Cynical Bear pretends to be Ben Turney on steroids and then turn my fire to all the bad news that UK Oil & Gas (UKOG) is sitting on and may release well after hours tomorrow. Then I look at Gloo Networks (GLOO) which is linked to BCA Marketplace (BCA). Gloo is at every level a total fecking scandal of greed and well everything. I should warn you that there is a bad language alert as Gloo is everything that is wrong about the AIM Casino. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH

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1079 days ago

Will anyone at Nomad FinnCap pay a penalty for its part in the massive Constellation AIM fraud?

FinnCap likes to tell us that it is one of London's leading Nomad's. Okay lets overlook the Silverdell scandal where it insisted that it did nothing wrong as the company misled investors who then lost all their money but how about Constellation Healthcare? This may be off your radar as this company delisted from AIM in January 2017. But this is a massive scandal.

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1080 days ago

The Good News from Oxford Nanopore that exposes the valuation scandal at Woodford

I do hope that the FCA and the "Independent" directors at Woodford Patient Capital Trust (WPCT) look into this matter with some urgency as we appear to have evidence today, thanks to Oxford Nanopore, that Neil Woodford funds have been stating their NAV in an unnacceptably aggressive manner. And that is the most generous spin on what has gone on.

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1091 days ago

Tom Winnifrith Bearcast: Dealing with change, the straw that breaks the entrepreneur camel's back & the real Eqtec scandal

Obviously all that matters today is the rugby, the countdown to Ireland vs Scotland is now underway.  After that I discuss crazy Labour plans to tax auto-checkouts at supermarkets and how one should react to change. Then it is onto the straw that is breaking my back as a camel and that of many other entrepreneurs - 6.5% pay rises for fat cat GPs on £100,000 a year for a 35 hour week. Then I reveal the real Eqtec (EQT) scandal, the appalling COI at disgraced Nomad Northland.

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1110 days ago

Tom Winnifrith podcast - the real scandal with charities is that they don't work

There are so many scandals and I cover the hypocrisy of the left over fallen virtue signaller Brendan Cox and the double standard shown regarding nonces in the church and at Oxfam. But the real scandals are that there are too many charities, that taxpayers cash is wasted on too many of them and that they do not work. Poor folks in third world shitholes need capitalism not NGOs.

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1119 days ago

Tom Winnifrith Bearcast - an angry shareholder on the BMR Scandal and a share sale validating The Big Short

I am very excited by working through the most wonkish of data sets to show Channel 4 was serving up A grade fake news as it reported on the drought in SA last night. More on that HERE. I start with the BMR (BMR) scandal where i am an angry small shareholder. The problem is that this is not an isolated incident, I look at Telit (TCM), MySquar (MYSQ) and Sefton (SER) where crime really did pay.  Then I look at an Optibiotix (OPTI) share sale and indicate at what point i will, again, be buying. I look at a share sale in BCA Marketplace (BCA) and why that is such a massive red flag compounding the thesis explained in my major report of last Autumn, The Big Short.

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1235 days ago

Tom Winnifrith Bearcast: the horrid truth behind Doorsteps.co.uk, a crowdfunding scandal and hot Telit gossip

Yesterday I discussed Doorsteps.co.uk which claims that it will flog your house for £99. I now look more closely at its history and the utterly shameless way that Crowdcube raised £400,000 for it; at the fact free and unquestioning BJ's its 19 year old founder has received from Fleet Street and speculate about how bad its metrics really are. That it has raised cash so easily is bad news for Purplebricks as it is now funded to nibble at its market share and so will be others until they all go bust. But it will be too late for Purplebricks by then. I then have hot gossip on Telit (TCM) which shows up the FT's dictation from PR men taking hacks for the fools they are and reinforces the shorting case big time. I cover UK Oil & Gas (UKOG) and Conroy Gold & Natural Resources (CGNR), both need to place ASAP and in both cases it will be ugly. I also remind you again what UKOG is NOT saying.

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1247 days ago

Management Resource Solutions Fined £85,000 by LSE but this is a whitewash and cover up

Management Resource Solutions (MRS) has today been fined £125,000 (reduced to £85,000 for co-operating with the LSE) for lying to investors back in 2015. But this is a whitewash and a cover-up protecting the establishment. The LSE notes that only the FD remains from 2015 and finds he was blameless. Cock. There is no censure of the Nomad (Northland) which was reckless in its lack of due diligence. How do I know this? Because it took me 30 minutes of internet research to expose this scandal back in April 2015 HERE.

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1263 days ago

Tom Winnifrith bonus Bearcast - The sickening and deepening scandal at Nyota

The scandal at Nyota Minerals (NYO) which should have been booted off the AIM Casino today is deepending and is truly sordid. I have new shocking revelations for you all and incredibly serious questions for the board, for ex Nomad Roland "fatty" Cornish, especially for broker Peterhouse and also for the chocolate teapots at the FCA and the Oxymorons at AIM Regulation.

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1275 days ago

Tom Winnifrith Bearcast: Audioboom, the Bulletin Board oil analysts - more folks to run the lavs at Athens bus station

I covered the Interquest (ITQ) scandal in a separate bearcast HERE. If you like bad language or tales of AIM wrongdoing you will love it. Elsewhere I look at the latest utterly meaningless trading statement from Audioboom (BOOM). Why is its CEO Rob Proctor so averse not only to defending free speech but also to handing out metrics that actuially mean anything. He is another man for the job of lavatory attendant at the Athens bus station. And BTW this company is going to run out of cash AGAIN. I also look at Havelock Europa (HVE), UK Oil & Gas (UKOG) and 88 Energy (88E). Now SIGH UP FOR A HOT SHARE TIP FREE HERE NOW! 

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1278 days ago

What scandals are the London Stock Exchange so desperate to hide - the disciplining of Nomad ZAI

There was a High Court Ruling this week which concerns attempts by the London Stock Exchange (LSE) and AIM to discipline the firm of ZAI Corporate Finance, a Nomad, or retained adviser, to firms on the AIM casino. The big question here is what dirty linen the Stock Exchange is desperate to hide. I should declare at this juncture that I am an expert witness in this case.

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1304 days ago

Just knackered - but the reason I could never utterly quit journalism

If you do not follow my financial writings you will not be aware of the Telit PLC scandal which I broke yesterday. This is a big high profile stockmarket listed company and what I revealed HERE was just amazing. Jaw dropping. The shares have duly crashed. 

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1371 days ago

ShareSoc has it (almost) 100% right - where is the justice on RBS?

ShareSoc it is starting to serve up some opinions of worth. Its latest comment on the RBS scandal is bang on the money and shows why the UK Financial system is flawed and will screw we little people every time.

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1466 days ago

Tom Winnifrith Bearcast - who and when should you sue over the Cloudtag fraud? Also Andalas deathwatch ahoy!

I start and end with Cloudtag (CTAG) - so far today no news which I take to mean it is bad news and explain why. At the end I discus who disgruntled and out of pocket punters should sue over this fraud and when. In the middle of the Cloudtag fraud sandwich I look at Andalas Energy (ADL) which really is fucked whatever it says. I reckon Justin the Clown will have to sell the cardboard box and sleep in the open air before long. I also look at Starcom (STAR), Servision (SEV) - which is a major scandal in the making - Union Jack Oil (UJO) and Milestone Group (MSG) which remains non investment grade crap as CEO Deborah White should be wearing an orange jump suit and doing a perp walk.

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1471 days ago

Warwick School - More Former Pupils speak up about the abuser, my abuser, Geoffrey Eve: Will the school please do something?

Two and a bit weeks ago I relayed on this website details of a meeting that I had with the current Head Master of Warwick School to discuss physical abuse that I suffered at the hands of a teacher Geoffrey Eve 38 years ago. The HM said swift action would be taken as Eve is still alive. I have heard nothing since but now another former pupil has stepped forward to recount his memories of Mr Eve. This scandal will grow and Warwick needs to address it rapidly for it is a scandal not only about abuse but about the way the School covered it all up so ensuring more boys suffered.

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1508 days ago

Tom Winnifrith Bearcast: possibly the biggest scandal in AIM history to go nuclear this week?

Weekend press reports (not in the UK natch as the British press is ignoring this £2 billion City scandal for reasons one can only imagine) suggest that the FBI is now investigating. Already in France there have been arrests including that of the CEO of Areva - Atomic Anne - which bought AIM & TSX listed Uramin for £2 billion and had written all of its assets off as worthless within three years. There is also a major new investigative book out on the scandal due out on Thursday. I am sure my good friend Jim Mellon will be ordering an advance copy. Elsewhere I look at Vislink (VLK), at the train wreck waiting to happen at Advanced Oncotherapy (AVO), at Fitbug (FITB) and Cloudtag (CTAG) and then finally at SalvarX (SALV) - placing ahoy on this related party express train to planet hype.

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1522 days ago

Tom Winnifrith Bearcast - News from the Inspirit Boiler room is bad but Advanced Onco's bad news is er?

I start with thanks for all the offers of support in dealing with the criminal poltroon Aidan Earley of Worthington (WRN)  - now in liquidation - infamy. I then look at Advanced Oncotherapy (AVO) and the questions it is NOT answering. Then I touch on Audioboom (BOOM) before going onto Parallel Media (PAA) before ending up with the basket case that is Inspirit Energy(INSP), its bleak future and its links to the Teathers Financial (TEA) scandal. Finally I brace myself for a night of woe tomorrow.

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1536 days ago

UPDATED: Tom Winnifrith Bonus Bearcast: was it Cloudtag fined £75,000 by AIM Regulation - a dark day of shame for the Casino

Update. I have it on good authority that it was NOT Cloudtag fined. Hpefully uit will be. The share tip I mention at 7.45 can be accessed for £5 HERE. The notice of the £75,000 fine by AIM Regulation on an un-named company, levied last Thursday is HERE. That company not Cloudtag (CTAG) - it should be. Whoever it is should fess up. This is a dark day for AIM as it has fined the wrong party (the shareholders not the board) and in not naming the company it also screws the shareholders again. Regulators have form with private censures that let everyone down. I compare this to the 3DM scandal.

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1563 days ago

SCANDAL: PWC lays bare the £60 million black hole at Gable and the massive regulatory failure on AIM

PriceWaterhouseCcoopers, PWC, is acting as administrator to the subsidiaries of Gable Holdings (GAH) and has published a damning report making clear the black hole that has existed there since the start of the year. The shares were suspended only on September 12. This is a scandalous failure on the part of Nomad Zeus and the Oxymorons at AIM Regulation.

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1563 days ago

Corporate disaster odd one out contest sponsored by Cloudtag

This odd one out contest really should be simple. You will find below the logos of four companies. One is already bust, one is teetering and is a major scandal and has been booted off AIM, one has seen its shares collapse by 90% in three years and the other is Cloudtag. But which is the odd one out and why? Post your answers in the comments section below by midnight on Tuesday

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1580 days ago

A recap on today's Hillary Clinton scandals..it can be hard keeping up

It really can be hard keeping up on all the scandals so apologies if I have missed any from the last 24 hours. Lets start over at the Clinton Foundation, a charity!

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1586 days ago

Management Resource Solutions - another nightmare for AIM emerges

Management Resource Solutions (MRS) has been a stock much ramped by the usual suspects and its shares have flown until last Thursday when they were suspended pending clarification of its financial position. The next day the CEO and founder was fired. But we can reveal that the CEO Paul Morffew claims this is a stitch up and, as a 20% shareholder is prepared to fight back. This has the potential to be another major AIM scandal given that it was less than two months ago that £2.8 million was raised at 10.5p. Nomad and co broker Northland is refusing to answer calls and its position now looks untenable.

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1633 days ago

Gable - Nomad quits as Company says it will delist, remaining NEDs walk as well - £15m Scandal!

I have been warning you that Gable (GAH) was a zero for a good while - indeed my most recent warning came over the weekend as I discussed the resignation of three NEDs within 40 days. Now the Nomad has quit as have the remaining two NEDS and the shares will be suspended ahead of a delisting on 12 October. This is a scandal. Shareholders will almost certainly lose everything but CEO William Dewsall has made £15 million since the IPO and will now plunder whatever is left.

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1651 days ago

Buy your P45 for Stewart Dickson of African Potash infamy mug now!

Stewart Dickson of Nomad Cantor Fitzgerald is today exposed for his role in the scandal at African Potash (AFPO) as the company misled investors ahead of a bailout placing, as it committed fraud. You can read about Dickson's role HERE as we launch the "Fire Stewart Dickson to clean up AIM campaign."

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1657 days ago

Labour scoundrel Tessa Jowell blames Brexit for future Olympic failure - what a silly woman

Tessa Jowell was the woman who publicly ditched her husband David Mills as he became embroiled in a Silvio Berlusconi corruption scandal. Mills was exiled to my father's village of Shipston where the socialist millionaires kept a country farm as a compliment to their North London mansion. Jowell got to stay with the urban sophisticates. Out here in the boonies folks did not buy the seperation story as la Jowell kept on making appearances up here and, lo and behold, after Tessa's political career came to an end there was a miraculous reconciliation with Mills. The political elite actuallythink that we are so stupid that we buy this sort of horseshit don't they? Now Tessa makes the most bonkers of claims regarding TeamGB and its Olympics success.

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1719 days ago

Tom Winnifrith Bonus Bearcast: Teathers/Drummonds/MediaCorp scandal the darkest day yet for the useless bastards at AIM Regulation

The earlier piece on the Drummonds, Nilesh Jagatia and the Media Corp scandal needs to be read in full. What horrifies me is that it shows that AIM Regulation knew everything in July 2014 but failed to act.  The Bogus Sheriff of AIM, Marcus Stuttard, should either resign on Monday morning or find out who failed to protect investors, sack him and agree to compensate anyone who has lost money in Teathers Financial (TEA) and possibly Inspirit (INSP) as well. I warn you that I use bad language in this bonus podcast as I am furious with the Oxymorons at AIM Regulation over this appalling failure.

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1727 days ago

The Cape Verde Scandal and another major example of what is wrong with the EU.

Ten years ago Cape Verde, a small group of islands south of the Canaries, was hyped as the next holiday home hotspot. Apart from the perfect climate, Cape Verde sold itself on being an associate member of the EU as well has having solid property laws (it was until recently a Portuguese colony). The favoured currency in the country is the Euro. UK and Irish investors bought into promised developments promoted by Irish, British and Italian developers, handing over staged payments totalling an estimated € 300 million. 

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1767 days ago

BREAKING: The Uramin Scandal - another shocker for AIM, damning Canadian Report & arrests in France

The sale of AIM & TSX listed Uramin to France's Areva is shaping up to be the biggest scandal in the world of mining since Bre-X. It has almost brought down Areva and in France the husband of the head of Areva has already had his collar felt within the past few weeks for insider dealing and money laundering. Our source at the heart of the investigation indicate other arrests are imminent. And the scandal is also threatening to bounce back to the AIM casino.

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1820 days ago

Top broker slams bucket shop corporate brokers on the AIM Casino - "the next big scandal"

A top broker running a reputable institutional brokerage has predicted the next big scandal to hit AIM. He describes the junior market as a Casino (I wonder which website he's been reading) and lashs out at a problem the FCA has created, the retail brokers becoming corporate broking bucket shops. Over to the broker who writes...

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1917 days ago

Legal & General Fund Manager and Globo & InternetQ fan Richard Penny - did I really say that?

At the Gold & Bears show some speakers insisted that institutional investors were so much smarter than retail investors. I am not so convinced. Just to show you that some mug punters wear expensive suits, meet Richard Penny, a high flying fund manager at Legal & General. After the Globo (GBO)scandal broke Mr Penny stated that the accusations levelled at the app developer were 'the worst I have seen in 10 years'.

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1929 days ago

Tom Winnifrith Bearcast 22 November - No Sleep till Brooklyn

I am sure folks my age know who sang that classic. The year it came out I was living in Brooklyn. I'm back. Boy its changed. The corner where I used to come out of the subway and get offered drugs is now a plush little oasis. I sit in the Starbucks opposite. How things have changed. In today's bearcast I look at the real scandal and failings at HBOS, explain why flip flop's view of AIM is, like that of the Clown on ADVFN, narrow and distorted and flag up a few interesting factoids explaining my increasing bearishness about the stockmarket.

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1950 days ago

WH Ireland thinks it is off the hook with Mr Bagot and other pensioners it mugged – scumbags

You will remember how broker WH Ireland (WHI) mugged poor Essex pensioner Mr Bagot, destroying his life savings by stuffing him into duff penny stocks, often corporate clients?  Apparently it thinks it has acted honourably and the matter is at an end. Oh no. This scandal (full details HERE) is far from over.

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1956 days ago

Globo - more scandal as CEO exposed for dumping shares as we revealed bear report on way

The scandal at FRAUD Globo (GBO) is still getting worse: we have now had news that Globo CEO Mr Konstantinos Papadimitrakopoulos has been selling shares - 42 million of them, and a further 10 million have been "pledged" in a now defaulting "loan" deal with Lantau Holdings in a deal which has echos of the Equities First which was used by fraudster Rob Terry and his henchmen. The shocking statement reads:

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1965 days ago

Minmet - and so if this was not a scandal what was? So why am I in the High Court?

It is very rare that the LSE censures any company but the most explicit and damming censure was for Minmet(MNT). The lawyer who acted on all of its deals which brought the company was Julian Hamilton Barns. I have referred to the Minment Scandal and to mr Hamilton Barns being of Minmet infamy. JHB is now trying to fund another company - Athabasca Resources and so wants my comments withdrawn and me to be barred from commenting again. The injunction hearing is on Thursday. Read the official censure below and make your own mind up.

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1969 days ago

WH Ireland Photo – Not only pensioner muggers but free speech denying fascists as well

Scandal plagued stock broker WH Ireland (WHI) still refuses to say how many other pensioners were – like poor Mr Bagot - mugged and had their life savings trashed by John Molyneux and his team of discretionary stockbrokers and nor will it even bother to launch an internal enquiry to assess the damage – you can see our full investigation HERE. But Essex old boy Mr Bagot has now taken to the streets.

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1983 days ago

WH Ireland: where are the customers £245,000 sports cars to crash

The scandal surrounding how WH Ireland (WHI) staff led by John Molyneux systematicaly car crashed the discretionary portfolios of vulnerable and ageing clients such as Mr and Mrs Bagot is growing. But I now bring you a tale of another WH Ireland car crash...

Step forward Mr Andrew Shepherd who manages client money in the Manchester Office. Last year Mr Shepherd took an F1 Maclaren costing £245,000 for a test drive. Here is a picture of the Bagot's portfolio (oops I meant the car) before that test drive.

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2003 days ago

Emmit – another AIM scandal exposed where Daniel Stewart showed it is not fit for purpose

Emmit PLC (EMT) was booted off the AIM casino in May of this year but said that – notwithstanding a parlous financial position – it hopes to make a comeback once it has completed an RTO. I suggest that it has zero chance of this given the revelations below, revelations which show that its former Nomad Daniel Stewart (DAN) was not fit for purpose. Daniel Stewart deserves a massive censure and fine for the scam it allowed to take place. A scam that has cost investors millions. 

The FCA flagged up a pension scam involving shares in Emmit last year stating: 

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2015 days ago

Exclusive – the stockbroker who mugged pensioners for WH Ireland “retires” suddenly

Yesterday we outed Mr John Molyneux as the WH Ireland stockbroker who had mugged 75 year old pensioners by sticking the cash from discretionary accounts into penny stocks – usually WH Ireland corporate clients doing a fund raise – which had nearly all cratered.  I can reveal that Mr Molyneux has now decided all of a sudden that at 68 it is a good time to retire. With immediate effect. But if he and AIM listed WH Ireland (WHI) think this scandal is over they are mistaken. It is just beginning.

Because, while one 78 year old couple has taken their mugging up with the Financial Ombudsman and got back just under half of their losses (£150,000) we are fully aware that this was not an isolated case.

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2142 days ago

Sir Tony Baldry MP – what price honour?

Vile slug Sir Anthony Baldry, Tory MP for Banbury until May 7th has long been associated with colourful outside business interests. He was involved with the AIM fraud 3DM but his latest oriental enterprises really are the most amazing yet. Yes, Sir Tony is linked into the scandal that is AIM listed Gate Ventures (GATE). I shall demonstrate the link later but for now I shall start with a remarkable photo.

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2170 days ago

Cloudbuy and the Equities First Holdings scandal – the EFH deceit starts to unravel

I have always rather liked Ronald Duncan of Cloudbuy (CBUY) because he has the most excellent taste in music and is also a thoroughly decent man. I am sorry he got dragged into the Equities First Holdings mess and I put that down to naiveté and a desire to purchase a nice house not malice. I am thus delighted to report some breaking news which is good news for Ronald and Cloudbuy but opens up a whole new can of worms for EFH and a few other directors.

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2203 days ago

The Equities First Holdings LLC Scandal – which, if any, Nomads took brown envelopes?

Oh dear, a Nomad who was approached by Equities First Holdings LLC urging it to get its corporate clients to engage in its dodgy share trades has come forward and revealed that brown envelopes were involved. So which Nomad or Nomads have taken one and is this not a conflict of interest?

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2293 days ago

The Quindell Equities First Scandal – will IGas be the first Domino to topple?

Quenron (QPP) is not the first company to do business with Equities First Holdings LLC – step forward IGAS Energy (IGAS) which for reasons I shall explain below may well be the first domino to topple in what is brewing up as a mammoth scandal. 

On 16th January 2014 IGAS issued a release “Director share purchase”

IGas, one of the leading producers of onshore hydrocarbons in the UK, has received notification that the Chief Executive Officer, Andrew Austin, has purchased 300,000 ordinary shares in the Company ("Ordinary Shares") at a price of 135.38p pence each. 

To fund the acquisition of shares Andrew Austin has entered into a loan facility, and has transferred up to 7.5 million shares as security.  Andrew Austin is required to redeem the shares at maturity when the loan is repaid at the end of the three year term and it is his full intention to do so.  Under the terms of the facility the lender is contractually prohibited from short selling or voting the shares during the term of the loan.  The loan facility has been arranged by Meridian Equity Partners and the funding provided by Equities First Holdings, a securities-based capital provider for institutional and individual clients. 

Following this purchase, Andrew Austin is interested in 10,967,075 Ordinary Shares representing 5.41 per cent of the issued ordinary share capital of the Company.  The total issued share capital of the Company comprises 202,633,228 ordinary shares of 10 pence each.

Ends.


As has now been established elsewhere by “transferred” Mr Austin actually means “sold” – that is to say the shares were moved into the hands of Equities First and title passed to the yanks.

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2301 days ago

The Equities First Scandal - Its going to get worse, heads will roll - Tom Winnifrith BearCast Special

The AIM Casino scandal involving Equities First Holdings LLC is going to get an awful lot worse. Heads will roll with Optimal Payments (OPAY) and IGAS (IGAS) firmly in the firing line but directors at Cloudbuy (CBUY), IQE (IQE), Angle (AGL) and ,of course, Quenron (QPP) also exposed. For the latter, at least, this is probably not their greatest concern. The sad truth is that none of the six have said enough and ALL need to clarify the clarification statements. Until they do all six firms are uninvestable. This and specific crmes are examined in this podcast special.

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2545 days ago

OEM – The Noose Tightens – Whistleblower 2 on the Trombone

I recounted at the weekend how Baker Tilly, administrators to ex fully listed stock OEM (OEM) is seeking to claw back almost £6 million from four of its former directors. I have more information about a scandal which will embarrass many in the City but notably accountants Hacker Young – see HERE

I have been told that Baker Tilly sent out Letters Before Action to the directors 10 days ago. One director (the head honcho Robert Noonan) last Wednesday asked for an additional seven days to reply. The clock is still ticking and is now at T-11, that is to say by 28th March all four must cough up or Baker Tilly will start the process of getting its hand on the cash. What price an estate just behind Nice Mr Noonan?

How much could shareholders get? 

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2586 days ago

If you are a pissed off Silverdell shareholder here is Disgraced Sean Nutley’s Mobile Phone Number

I tried calling Sean Nutley today (twice) to ask him certain questions about the invoicing arrangements at Silverdell (SID), the AIM Cesspit Company that went tits up despite issuing ever more bullish trading statements, even after its main subsidiary received a winding up order. I also want to know if he had any comment on the suggestion that the Old Bill have arrested both him and Darren Palin

Sadly Nutley did not take my calls. And old Sean has not returned them either. I can’t think why not. Is he not getting used to “helping with enquiries”? But, perhaps you might have more luck than me. Or maybe you are just a pissed off Silverdell shareholder who wants to leave a message wishing him luck with his new job at the business asset stripped out of Silverdell where Nutley has a big equity share? Or perhaps you just want to ask how many models he now has in his collection of classic cars?

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2600 days ago

The Silverdell Scandal, FinnCap Enquiry (Judge & Jury Finncap) says Nomad Finncap did nothing wrong

I suggested that readers of this website write to Sam Smith, the self-important CEO of FinnCap the well paid Nominated adviser to disgraced AIM Cesspit ( until it was slung off) and now bust Silverdell. It seems that Ms Smith is too important to answer emails in question but readers are now getting a reply which is about as convincing as the West Ham defence.

Ms Smith is being asked to demonstrate that FinnCap did any due diligence on a series of RNS statements from Silverdell which were clearly misleading. Needless to say Finncap is not stating that it did completed full due diligence. Its compliance Officer Mark Tubby’s detailed (NOT!) response is:

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2603 days ago

The Silverdell Scandal – AIM regulation Responds to my complaint

The AIM regulation team are, from my experiences with a certain oil company whose name somehow eludes me and with 3DM before that, about as much useful in slamming the bad guys as an air conditioning unit would be for a ship packed full of global warming nutters trapped in the Antarctic. But nothing ventured nothing gained,
 

I fired off a letter about disgraced Silverdell (SID) boss Sean Nutley ten days ago and have just had a response. Given that point b) below is a slam dunk 100% certain abuse by Silverdell it is hard to see how AIM regulation cannot do nothing and hope to retain any credibility at all. And it cannot now deny that it is unaware of the issue. 
 

In fact I am mildly encouraged by this letter. Having fired off numerous complaints about various AIM Cesspit stocks this response is a tad more helpful than the usual “here is a standard response designed to fob you off, you little oik” email, of which I have a good few in my collection.


Once again I urge anyone invested in AIM stocks to complain themselves to both AIM Regulation and to the FCA about Silverdell and Nutley. The more complaints they get the more pressure they will face to get off their backsides and (for once) do something. To find out exactly how to make your complaints click HERE


Now over to the AIM Regulation team which writes: 

 

Dear Mr Winnifrith 

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2605 days ago

The Silverdell Scandal – is there a whistleblower at Kitsons who would like to get in touch?

It has been put to me that disgraced Silverdell CEO Sean Nutley might have one – utterly implausible - defence against the charge that he misled investors in June 2013. I wonder if any disgruntled (now) ex-employees of the Kitsons subsidiary would care to get in touch to help me publically shoot this down in flames. 

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2605 days ago

The Silverdell Scandal – Evil Knievil’s letter to the FCA Demanding Action NOW!

Bear raider Evil  Knievil (aka Simon Cawkwell) has joined the ever growing list of those demanding that the FCA throw the book at disgraced Silverdell CEO Sean Nutley and Knievil has also demanded that the regulator looks into the actions (or inactions) of Silverdell Nomad FinnCap. His letter sent today appears below.

 

15th January 2014

The Manager,

The Financial Conduct Authority,

 

Dear Sir,

Events at Silverdell

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2605 days ago

The Silverdell Scandal – shareholders need to write to FinnCap & here is your letter

Under AIM rules the Nominated Advisor to a company has to show that it verified as true and fair any statement used as an RNS. If it cannot show that and investors lost money they can seek financial redress from the Nomad. The Nomad to Silverdell (SID) was FinnCap run by Sam Smith (pictured).

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