26 days ago
Is the £1.75 million fund raise announced by ED flop Futura Medical (FUM) on 3 September already …er….flopping? The placing price was 0.2p the shares now trade at 0.18p-0.2p so flipping is no longer possible. And 92% of the money is not actually in yet. Will spiv clients of the scholars and gentlemen at broker Turner Pope welch?
34 days ago
Raising £1.6 million at just 0.2p for Futura Medical (FUM) will be good news for the scholars and gentlemen at brokers Turner Pope. 5% commission and oodles of warrants on top. Lovely Jubbly. Coke &hookers all round. But…
45 days ago
The big scandal at biotech dog Aptamer (APTA) is how management have been handed options giving them, potentially, 25% of the equity at just 0.1p in a structure agreed when it was doing a placing at 0.6p c/o the scholars and gentlemen at Turner Pope. I outlined why this is grotesque and smells worse that Neill Ricketts' collection of used Gloucester Rugby Club jockstraps HERE. But there is worse.
92 days ago
Haleon walked from a US distribution deal and Futura Medical (FUM) the company whose ED product Eroxon has been such a flop with customers, admits that it will now run out of cash by October. So how much does it need to keep going? The company’s broker, the scholars and gentlemen round at Turner Pope admits the awful truth.
98 days ago
Clean Power Hydrogen (CPH2) is the sort of cash guzzling producer of jam tomorrow which has helped to make AIM the world’s most successful growth market. Today the sort of debagging of mug punters that makes you despair.
100 days ago
The CEO Paul Emmitt is moving on for family reasons and Powerhouse Energy (PHE) has served up results which are predictably dire and show that only congenital; idiots would want to own the shares. The real question is what exactly is Jamie Hall, the auditor at Barnes Roffe Audit Limited smoking for there is no material uncertainty warning. Do the maths and have a butchers at calendar 2024 accounts while you are at it.
131 days ago
It was only just a smidgeon over a month ago that cash guzzling perma dog Powerhouse Energy (PHE) raised £650,000 at 0.2p to keep the lights on with the scholars and gentlemen round at Turner Pope doing the honours.
131 days ago
Another day, another disaster on the AIM Casino with £60 million now probably up in smoke. This is a tale of a technical problem at Clean Power Hydrogen (CPH2), management incompetence and broker spivery with the scholars and gentlemen at Turner Pope. The net result is that punters may well lose everything but today's RNS 'fess up is far from complete. Oh no. For that you need Winnileaks.
167 days ago
Oh for the days when disgraced former Tory Minister Tim Yeo, Zak Mir and other charlatans ramped Powerhouse (PHE) with tales of how it could be running hundreds of waste to energy plants each chucking off half a Bernie a year in profits. Those were the good old days, it may have been a pack of lies but the shares flew and thus was a true AIM posterboy. How the mighty are fallen.
1467 days ago
Following the publication of my red flag dossier earlier this year, anyone owning shares in MGC Pharmaceuticals (MXC) was fully warned of the need to lube up. I hope they did. The shares were 2.25p back on 11 January when I warned you that this was a £70 million dog from the scholars and gentleman at Turner Pope. They are now just 0.825p but after another red flag admission today they are still a monstrous sell.
