51 days ago
I shall be writing to the FCA shortly but today’s announcement from Hamak Strategy (HAMA) beggars belief. Quite clearly its proposed #35m double death spiral funding will trigger a change of business, an RTO, and thus it needs to get a prospectus approved by the FCA to go ahead. I have offered the company’s advisors a chance to comment but they appear to have declined. Let me explain the problem.
51 days ago
On 25 September Hamak Strategy (HAMA) CEO Nick Thurlow told mug punters in an investor meeting that his company was fully funded for 12 months. With negative net current assets that was clearly disingenuous, either Hamak had to sell some of its 20 bitcoin or it needed to issue shares. Today it has announced not one but two death spirals! Confetti ahoy!
51 days ago
As I predicted, the Tern (TERN) open offer at 0.5p has flopped. I am amazed that anyone took it up given that the shares have traded below the offer price for most of the past two weeks but there are some born every day. Seeking to raise £642,246 I, in fact, raised just £151,136. Oh dear. Oh dear.
51 days ago
Yesterday, Eco Buildings (ECOB) served up great news from Sudan and its shares zoomed ahead to 8p. As I explained HERE, they are still incredibly cheap at that level. They really could be 80p within a year. But then the shares fell back to 6.5p at the close. What’s afoot?
52 days ago
The lack of fiat at Hamak Strategy (HAMA) means that it urgently needs to either start selling its pile of bitcoin or do a fund raise, either straight equity or death spiral CULS. Either way it won’t be pretty for its share price. But a bitcoin sale would expose what a farce its value addition via shitcoin treasury strategy is. Do the maths stupid!
52 days ago
With interim results published today, the fraud Supply@ME Capital (SYME) can now apply to the FCA for its shares to be unsuspended.
53 days ago
Today more than 5 months late, the fraud Supply@ME Capital (SYME) has finally published its accounts for the year ended 31 December 2024. Supply shares will remain suspended until it publishes its interim accounts to 30 June 2025 which were due by 30 September 2025. These are promised soon.
53 days ago
I think it perfectly possible that the liars at Satsuma Technology (SATS) will fail to get the FCA to approve its new prospectus for an RTO by the new December 30 deadline. After all its lawyers quit because of accounting high jinks and Satsuma then lied about that to investors. But it may start to unravel before then…. Think about it as the shares are now 0.9p to 1.1p.
56 days ago
There is an RNS from Kefi Gold Copper (KEFI) this morning but not what we were hoping for. Funding for Tulu Kapi has not yet been agreed by the banks and Kefi had told us that it would be by the end of this week. Well: tick tock. Tick Tock. Give ‘arry Adams another frigging bonus to incentivize him. Perhaps he has already done his four days this week and is thinking twice about working another for additional pay?
57 days ago
The grifter Andrew Webley and his overpaid limp dick colleagues at The Smarter Web Company (SWC) may dismiss the warnings of old TW, aka THAT MAN, as much as they wish but the shares have plunged from 660p on June 23 to just 85p today. But guess what? They are still overvalued.
57 days ago
I discuss all things Kefi Gold & Copper (KEFI), fearing that I now have to flag up what is a joke to one po faced subscriber, discussing what is insider dealing, the RNS approval process and where I see the shares going.
57 days ago
The open offer at 0.5p which is not underwritten closes on Tuesday and Tern (TERN) is desperate to pump the shares, currently 0.45p to sell, to get it away. What sort of Moron buys shares to sit on an instant 10% paper loss? Today the company tries a new spoof which it claims aligns the board with mug punters. That would be aligning head honcho Al Sisto who has taken out more than three Bernies since 2017 with investors who have lost almost all of their money. Whatever…
57 days ago
Okay, I am biased. At 91p I am more than 100% ahead and Amaroq (AMRQ) is my biggest holding but I am not selling as a) I want to maintain exposure to gold and b) I think the shares are very low risk and offer massive upside. My own view is that the company will get taken out at 150p+ next year as gold majors engage in frantic M&A activity. But I am happy to hang on for several years for fundamentals to drive them even higher. If you doubt me, CEO Eldur Olaffson knocks it out of the park in this video out yesterday flagged up by reader K. The key takeaways are:
58 days ago
The insolvent US fraud run by Alessandro Zamboni, Nuburu (US:BURU) has seen its shares go ballistic in response to its proposed purchase of Orbit S.r.l formerly known as IAF2 S.r.l a company “specialising in digitilizing operational resilience solutions for mission critical corporations”.
59 days ago
It will not be much consolation for those who paid up to 81p at peak ramp in June to see Coinsilium (COIN) shares getting a bitcoin bump back to 6.2p helped by the usual spivy ramping. But have folks done the actual maths?
60 days ago
At 7 AM on Tuesday 30 September Kefi Gold & Copper (KEFI) served up interims, sugaring the bitter pill f more crap numbers showing no restraint on boardroom greed at all, by promising that the two banks for sign off on project funding for Tulu Kapi “within the coming week.” What do you think that means?
60 days ago
I do not ever think that I have received a tweet along the lines of “@TomWinnifrith is warning about company X, folks should look at Woodford, Globo, Quindell, all those China frauds, Versarien, all those mini bond scams, etc, he knows his onions, wake up and smell the coffee.” Oh no… as you start to probe to disasters waiting to happen like Defence Holdings (ALRT), it is only a matter of time before some utterly obsessed cretin with half a dozen followers goes onto X to demand:
63 days ago
This is now a doom loop. The more the share price falls the more likely it is that Tern’s (TERN) open offer, which is not underwritten, will flop which makes it more likely that the company will go bust before Christmas which makes folks panic so the shares go down etc, etc. Nomad Allenby, of Nightcap infamy, needs to be issuing an RNS as the shares are now just 0.4p to sell.
64 days ago
I guess his very silly sister at Shares Magazine will view it as racist to report Zak Mir to the Financial Reporting Council for a series of accounting blunders at his Lift Global Ventures (LFT) shitco. Wait till she discovers that I have Nigel Farage’s number on my speed dial! Anyhow, the FRC has dropped me a note today thanking me for dobbing in brown envelope man as you an see below. The ruling is clear, Zak has been a naughty boy
64 days ago
I have persistently warned about Wildcat Petroleum (WCAT) a company that ed in its very first RNS and has continued in that vein ever since. Today after aborting the dodgiest of RTOs is shares are back from suspension but surely it is almost out of cash and will within weeks only be existing by not paying its bills.
65 days ago
Once upon a time in the shameful days of Horse Hill which was bigger than Saudi Arabia according to David Lenigas, shares in UK Oil & Gas (UKOG) were more than 10p. Today they have rocketed by 321% to…..0.043p! Every dog has its day. But before folks rush to fill their boots on the back of a hopium packed RNS today, beware that rapacious brokers at Zeus and CMC are already forward booking in the commission funded Ukrainian young ladies: a discounted placing is a nailed down cert.
65 days ago
This website exposed numerous crimes from the ancien regime at Truspine (TSP) but although the company was a busted flush we had hopes that under new leadership from my pal Geoff Miller, founder of the LinkedIn West Ham United supporters group, there might be some hope. Today the shares have been suspended.
65 days ago
I am not clever enough to trade shares so I am just holding both Bluebird Mining Ventures (BMV) and Kefi Gold & Copper (KEFI) but I explain why on fundamentals and also as a short term trade this makes sense.
65 days ago
Ariana Resources (AAU) is, after all, a producer so its shares should be flying. But I answer an email from a former colleague on the Evening Standard with a podcast which I have also sent to Kerim Sener to allow him to respond to each point made.
66 days ago
They are now 0.35p. But then when the CEO, Tom Sawyer, is a man who has on two separate occasions been intimately involved with the twice convicted serial pump and dump fraudster Ron Bauer as I exposed HERE, nothing is surprising. Today, at 1.30 PM we have half calendar year results from Sealand Capital Galaxty Limited (SCGL) and they are shockingly bad.
66 days ago
Today we have interim accounts from drowning in red flags Hydrogen Utopia (HUI) and I suggest to you that the presented balance sheet is a work of fiction designed to hide the fact that the company is in the financial doggy doo doo.
66 days ago
Tortilla Mexican (MEX) has announced a new CFO whose CV looks very impressive at first glance but perhaps his recent activities merit a bit more scrutiny, that is to say his stint at NightCap (NGHT) the now delisted abomination of a bars chain created by Dragon’s Den’s Sarah Willingham, a corporate governance and financial trainwreck.
67 days ago
If anyone knows where I can get some borrow on Hemogenyx Pharmaceuticals (HEMO) then please post below. A friend told me on Friday evening that he had managed to short some with IG and so first thing this morning I got in touch with my relationship manager there - but it had all gone! I can understand why the borrow is so hard to get as lots of people want to short the shares, what I can’t understand is the sheer stupidity of those people that are buying the shares!
67 days ago
With homage to the greatest leader Britain has ever had, I remind you that in May 2021 shares in Tern (TERN) reached 30p and Lucian Miers and myself, who had stood on the Streets outside St Paul’s at the funeral of that great leader, received all sorts of abuse for calling it out as a joke. The shares are today just 0.5p mid making an open offer announced today at 0.5p far from certain to succeed.
70 days ago
It is hard to know where to start with this charmer who appears to have 0 followers on X. He is deranged as you can see with two tweets from last night.
71 days ago
With a hap tip to readers T and K the details of the US phase 1 trial of Hemogenyx’s (HEMO) AML drug can now be revealed and it is not good news for deluded fools like Christopher Kilner who own the shares. Oh no…
71 days ago
If your company was generating cash you would not be dumping shares you hold in another company when they trade at near all time lows. But that is exactly what The London Bitcoin Company (BTC), run by David Lenigas, is doing.
72 days ago
Broker iii has today sent out an email to its customers who own shares in Eco Buildings (ECOB) which seems to me to create a false market. It should be sacking someone and reporting itself to the FCA. The email reads:
72 days ago
There is an announcement today from David Bramhill’s AIM listed shitco Union Jack Oil (UJO) about US drilling results. The news looks very much Curate’s Egg stuff to me and gives no reason to buy the shares as Union Jack continues to guzzle cash up until its next placing. What caught my eye is the list of advisors.
74 days ago
Holders of Victoria (VCP) 2028 bonds are being offered the chance to swap every 1000 Euro of their old bonds for 525 Euro of new bonds wth a 2031 maturity. Okay the 2028 bonds can be bought in the market for only 24 cents in the dollar but why would anyone do this? What is gong on? Evil Banksta explains.
78 days ago
The old rogue has blocked me on X so that I cannot respond to his stream of preposterous tweets. This one catches my eye and is a damning indictment of what David Lenigas is up to. Dated 16 September, the great man tweets:
78 days ago
The Smarter Web Company (SWC) was going to make it into the FTSE 100 claimed its grifting boss Andrew Webley. Believers like the Reverend Andrew Carter of the Church of Mammon thought their prayers had been answered as the shares peaked at 660p on June 23. This morning they are just 90p to sell, a loss of 86% for those buying at peak. But…
79 days ago
My attention is brought to Eden Research (EDEN), one of the many companies to have sent me a menacing lawyer’s letter over the years, by news that its CFO Alex Abrey has made a share purchase. That in itself is a red flag for reasons I shall explain below but it got me digging away at Abrey’s CV.
82 days ago
I haven’t written about Amazing AI (AAI) which hyperbolically describes itself as “a global fintech group specialising in online consumer loans and AI finance related services” since June 2025 when it announced its pivot to being a Bitcoin Treasury play.
84 days ago
Shares in Hydrogen Utopia (HUI) are now just 1p to sell but with average daily volumes of less than 100,000 shares if you own 50 million shares you would be unable to sell for a fraction of that. And this maters because of an RNS from 27 August 2024. I have written to the FCA
84 days ago
Steve Moore has repeatedly warned you not to buy shares in Time Out Group (TMO). And he has been right, a year ago they were 56p, today they are 13.75p. God punishes wicked anti-semites.
84 days ago
The other day I explained, again, why, in a best case scenario, shares in Argo Blockchain (ARB) were at least 90% overvalued. Today more bad news for those who insist that they know better than old TW. Argo says that Jim MacCallum has been terminated from his role as Chief Financial Officer with immediate effect.
86 days ago
You just cannot make this shit up. Well maybe you can if it comes to the London small cap scene. Atlas Metals (AMG) shares are today up by 300% to 40p on news that it is set to do a RTO buying a company worth £1 billion with its own shares. At 40p Atlas is capitalized at £6 million. This is a ludicrous spoof and all those involved, notably competent person sign off Christian Schaffalitzky of Eurasia (EUA) infamy, CEO Christopher Chadwick, brokers fragrant Lucy Williams at Peterhouse and Nick Emmerson at SI Capital should be thoroughly ashamed of themselves. If I was a sexist old beast I’d be volunteering to spank Lucy’s bottom personally. This is a monstrous spoof.
86 days ago
Alessandro Zamboni has had to resort to desperate ramping to try and prop up the insolvent fraud Nuburu (US:BURU) share price and permit shares to be sold via death spirals to pay off debt liabilities. His latest press release is below:|
86 days ago
The pretext for the June 16 placing by Skinbiotherapeutics (SBTX) conducted before the company ‘fessed that it was going to miss June 30 revenue forecasts by a country mile, was that cash was needed for a new product launch with Superdrug.
87 days ago
I discuss the Anglo Mining(AAL)/Teck merger, the gold price and Nigel's idea of top slicing his mining shares. I mention en passant: Golden Prospect (GPM), Amaroq (AMRQ), Kefi (Kefi), Bluebird Mining (BMV) and Ariana (AAU). I also say sorry on Invinity Energy (IES) but we will revisit it as a short when it next runs out of cash in later 2026
92 days ago
The Smarter Web Company (SWC) has announced that it has issued another 21 million shares to Shard Capital for it to flog on to its clients under a death spiral which is just bound to drive the shares down. If you look at how the first 21 million death spiral played out even Angela Raynor and her crack tax advisors can figure out the maths and how this plays out.
93 days ago
The Oxymorons at AIM Regulation have disgraced themselves over more than a decade regarding Versarien (VRS), ignoring repeated warnings from myself, red flags, obvious wrongdoing and so allowing private investors to chuck good money after bad. This could, and should, have been stopped years ago. Do not say I did not warn anybody! But the Oxymorons have one last chance to partially redeem themselves by suspending the collapsing shares and forcing an RNS NOW.
94 days ago
I start with depressing events in Airstrip One, the arrest of Graham Linehan and the monsters now almost in charge of the Green Party. I really do want to emigrate. Then it is onto Kefi Gold & Copper (KEFI) and why the shares have plunged from an opening 0.89p to 0.71p. Cheers Harry Adams you greedy scumbag.
94 days ago
Oh Dear, oh Dear, if the FCA does not act on this then we can just assume that there is no regulation. I have been passed an email from the Western Authority Department of Energy, Mines, Industry Regulation and Safety (DEMIRS) which suggests that Georgina Energy (GEX) is lying to investors.
95 days ago
The grifter Andrew Webley is panicking. Shares in The Smarter Web Company (SWC) continue to fall on an almost daily basis despite the prayers of the Reverend Andrew Carter and the manic tweeting of the grifter himself. A few weeks ago he announced an “upgrade” of auditor. Ching ching. That will add to the cost base.
98 days ago
Amazingly I am told that the poltroon running one of the 17 UK listed UK and BVI domiciled stocks listed on the OTCQB insists that this is the same market as Shell and Natwest shares trade on. Who is he trying to fool? Himself or the rest of us? On the section of the OTC board, the venture market there are just 17 home grown stocks and none of them are blue chips and away from the bitcoin in treasury spoofs volumes are minimal to non-existent. It is tumbleweed City and populated almost entirely by shysters. One of the 17 strong gang, all of which I am now monitoring like a hawk, is Frankenstein meat play BSF Enterprises (BSFA) a dog about which I have long warned.
98 days ago
Zak Mir’s Lift Global Ventures (LFT) has not addressed the pressng issue, exposed here yesterday, of a legal claim that could wipe out its dwindling cash reserves. And some. With the shares trading less often than West Ham manage to win a game maybe nobody at AQSE Regulation cares about the possibility of bankruptcy. The core business of Mir and Lift Global, pumping penny dreadfuls in return for undeclared brown envelopes continues apace.
100 days ago
Shares in the worthless lifestyle company Hemogenyx (HEMO) have raced ahead by 68% today to 316p after a placing raising gross proceeds of £570,000 at 180p was announced yesterday. Lets call it £520,000 net and that tells you that ghastly boss Vald Sandler will be passing the hat around yet again before Christmas.
100 days ago
I asked Amaroq (AMRQ) the other day if there had been any insider selling as had been suggested. I was told no. Today I put it to the company that, in fact, its head of exploration James Gilbertson had sold his entire holding of just under a million shares in two tranches on 26 June and again last week.
101 days ago
Today's fleecing of the sheeple is at 193p and has brought in just £3.7 million. The Smarter Web Company (SWC) shares are now 142p. the bubble is deflating ever faster and the Reverend Carter needs to pray harder. I discuss and have a question for AQSE Regulation..
104 days ago
Bluebird Mining Ventures (BMV) has issued an announcement commencing that it “is very pleased to announce the further strengthening of the leadership team and provide further updates on the development of the company’s business”. How ‘pleasing’ is the news, with the shares currently responding around 4% higher to 1.35p?
105 days ago
“Oh dear, oh dear” as disgraced ex share tipster and Asil Nadir fanboy Mike Walters would say as yet another one of his tips imploded. Walters would have loved Argo Blockchain (ARB): floated by proven wrong’uns, multi million dollar stinking related party deals, cash guzzling, drowning in debt, perennial promises of jam tomorrow: it would have ticked all his boxes. Today there is more bad news.
105 days ago
In March, the struck off dentist Ajan Rejinald announced that Roquefort Therapeutics (ROQ) was to sell its Oncogeni subsidiary for up to $12 million to Nations Trust Holding LLC. In May we were told the deal would complete in June. It has not and there has been no RNS. I wonder: does Nations Trust Holding LLC actually exist at all?
106 days ago
Roquefort Therapeutics (ROQ) stated in May that the sale of Oncogeni Ltd would see a binding SPA signed in June with completion for up to $12 million “shortly thereafter”. As I flagged up to the FCA yesterday there has been no RNS since June to confirm this or to flag up a problem. So, what does Companies House say?
106 days ago
I predict the timing and reason for the end of the bitcoin in treasury bubble and predict how grifters like Andrew Webley of The Smarter Web Company (SWC) will react for they will know I am right. I ask if David Lenigas will be transparent if and when London Bitcoin Company (BTC) has to sell shitcoin to pay fiat bills and suggest that time is already upon us.I look at Boohoo (DEBS) and not as a bull and then at Eden Research (EDEN) which is surely lining up another bailout placing.
106 days ago
Oh dear, oh dear as disgraced tipster Mike Walters used to say as yet another one of his share tips blew up. Did he ever tip Versarien (VRS)? Cash guzzling, a proven teller of lies, lots of jam tomorrow, it ticked all of his usual boxes. Today there is more bad news and it comes just eight days before the deadline for anyone daft enough to want to bid for any of its assets including Neill Ricketts collection of Gloucester Rugby club signed jockstraps and the equally worthless shares in Gnanomat.
106 days ago
I have always been a fan of Malcolm Palle viewing him, no sniggering at the back, as one of the more honest chaps around. But I am afraid to say that he is today dissembling like a scumbag. Just because his Coinsilium (COIN) company is now a bitcoin in treasury spoof, that does not force him to be a scumbag. It is his choice.
107 days ago
Two companies where I hold shares. Both have announcements that are on balance positive but I put up caveats on both and have advice for the two CEOs which will, no doubt, be ignored.
108 days ago
The diary date is August 29 which is, by my sums, now just over seven working days away. At that point, in the best case scenario for the idiots still holding shares in Argo Blockchain (ARB) at 2.15p there will be massive reality check. It could come sooner.
108 days ago
In this crazy world where one cannot criticize a shitco if it has some Moslem shareholders, I will probably – yet again – be branded a sexist beast for pointing out that anyone buying shares in Lorna Blaisse run Helium One (HE1) is stark raving mad. You can feel the diversity if you want to but you will pay for it with your hard earned.
108 days ago
I have repeatedly warned since its April 2023 IPO at 6.25p , c/o disgraced bucket shop Novum, that World Chess (CHSS) as an accident waiting to happen. Today the shares have plunged again, by 22% to just 0.875p. The clue why is at Companies House
109 days ago
I discuss bitcoin prices and how and why this bubble is deflating and could bust. I discuss Smarter Web (SWC), Consilium (COIN), now 95% down in 10 weeks, London Bitcoin Company (BTC), Bluebird (BMV) and Satsuma (SATS)
109 days ago
Sellers remorse, having banked c400% gains at 0.7p? Well with the shares at 0.83p there is a bit but:
109 days ago
I have written to the FCA not only about why Georgina Energy (GEX) shares need to be suspended now but about why the FCA needs an internal enquiry into how it approved the 2024 RTO prospectus.
112 days ago
I am not certain if the FCA is going to do anything about the Touchstone Exploration (TXP) scandal where the company said it had raised £15,375,000 million on May 8 only to fess up weeks later that brokers led by Keen’s Oak Securities had welched and that in fact it had only raised just over £5 million. With Keen making a series of excuses before the final welching, he created a false market and Touchstone’s balance sheet was left holed beneath the water line. Now it gets worse.
112 days ago
In today's second bearcast I look at gold vs bitcoin vs shares in an inflationary and AI world, at Skinbiotherapeutics (SBTX) and three of my critics and what they say, at Oracle Power (ORCP), Hemogenyx (HEMO) and Georgina Energy (GEX) and the Fat Lady.
112 days ago
Sometimes you do not need to be a chartist to look at a share price chart and scream THIS STINKS! Yesterday I flagged up the extraordinary share price action at Oracle Power (ORCP) ahead of a placing at 0.014p in which it raised £500,000 gross c/o broker CMC. I have now written to the FCA suggesting that it launch a full stewards. It really should not be hard to establish the truth.
112 days ago
I start with news of strange gents coming to Sharestock where, as of this morning, there is once again 1 free seat. Then Amaroq (AMRQ) and the sound of knicker wetting yesterday and why the shares are such a strong buy.
113 days ago
Ramped at one stage or another by every scumbag promoter in town from Andrew Bell to Conman Wyndham to David Lenigas, Oracle Power (ORCP) is the sort of dog that should have been sent on a one way trip to the vets years ago. It exists from placing to placing, feeding the directors and crony capitalists and creating no value. Though I have a well known penchant for Asian Babes, I have long argued that CEO Naheed Memon is running a crock and should just wind the whole show up. Today it has raised £500,000 gross at 0. 0.014p. But…
114 days ago
You may remember that I bought, and flagged up to you that I’d bought and why, shares in Wishbone Gold (WSBN) at 0.135p and 0.15p. It was a dirty trade given its history of fecking everything up and that it was run by Australia’s own Chuckle brothers (they always laugh all the way to their banks) Richard Poulden and David Lenigas. I sold at 0.7p and flagged up that you really should bail too. The shares are now 0.35p.
114 days ago
Versarien (VRS) has made it explicitly clear that it is likely to go into administration and that shareholders will lose everything, something that I celebrate! So why are the shares up 36% today, albeit to just 0.015p. This is a classic dead cat bounce and in a market maker system perfectly rational. It often happens as the end approaches.
116 days ago
I told you to short this at 44p two years ago. The shares are now suspended at 0.75p as Belluscura (BELL) still cannot get out its calendar 2024 accounts. But that is the least of its problems, God only knows where the share price would be if the suspension was lifted. Today comes more bad news.
116 days ago
Well at least Versarien (VRS) gave disgraced founder Neill Ricketts one last payout a couple of weeks ago. For shareholders, as long predicted by myself, today comes a warning that the shares are going to 0p and the company int administration. Given the way Rcketts trolled me and his shareholders discussed having me killed and how to get my wife sacked, you will forgive my lack of sympathy here. Hopefully administration will also expose five million quid of Tory sleaze.
119 days ago
My V22 cash has arrived. Norra lot but I was onto my stockbroker, the dinosaur, like a flash to reinvest it. I had said it would go into BP (BP) but BP's shares have already gone up a lot. I discuss BP and then where I put the cash instead. It is what could be the cheapest gold stock in London.
119 days ago
I do not want my friend Liam “The Toke” Murray of Nomad Cairn to think that I have got it in for him but if he will act for complete and utter scumbags, he is likely to be hearing from me. What makes this amazing is that Liam has just admitted that he has read my numerous expenses of Jason and Justin Drummond on this website but has still gone ahead and helped them list a joke business, Medpal AI, on the AIM Casino.
122 days ago
On June 30th World Chess (CHSS) a long term perma dog about which I have warned numerous times announced that it had 765,256,477 shares in issue. So far so good. In my view they are all worthless.
122 days ago
Yesterday morning I pointed out that the valuation of Hamak Gold (HAMA) was bitcoin in treasury bonkers and that the 7 AM appointment of Bernie Madoff superfan Nicola Horlick was a red flag. Then at 4.30 PM we were told that executive director James Lawrence had quit with immediate effect. Maybe he was not such a Madoff superfan. The odd thing is that …
123 days ago
The penny share grifter Andrew Webley is at it again, another day another issue of overpriced confetti by The Smarter Web Company (SWC). Those who paid 660p less than six weeks ago for their shares will need to order yet another tube of KY Jelly with news of an £8.1 million, gross, placing and subscription at just 2.05p. Ouch!
127 days ago
Adam Reynolds and Steen Anderson said they would buy shares in Probiotix (PBX) after a cleansing trading statement. But they have not.
127 days ago
I discuss early blackberries, crashing house prices, Cambridge Cognition (COG) and Zak Mir's Lift Global Ventures (LFT) its new chairman, the thief, and much else. It's all so much sordid rubbish but no doubt the silly sister insists its racist to say so
127 days ago
The failed bitcoin miner turned failed bitcoin in treasury spoof London Bitcoin Company (BTC) has news, news designed to ramp the shares to allow another placing, but news which tells you nothing.
128 days ago
You cannot say that I did not warn everybody that David Lenigas run bitcoin in treasury spoof London Bitcoin Company (BTC), formerly Vinanz, would end in tears. Perhaps some Jew haters would rather I did not term Lenigas a promoter and serial destroyer of value, allowing him to fleece new punters. But I did warn and warn again. In 37 days the shares have collapsed from a peak ramp 55p to just 5.5p bid. Look at the Lenigas tweets from 37 das ago and all the way up and down and feel disgust. You will be revolted and may even pity the lambs who liked or retweeted his words with such enthusiasm, lapping up the hopium and dreaming of being rich.
130 days ago
There is great news from Ariana (AAU), funding secured! I crow a bit at the Cassandras and discuss how the shares, 1.575p, could be worth 5p or even 10p
130 days ago
Sheryl, who I was warming to, today says on X that my writings on the Smarter Web Company (SWC) are both unhelpful and don’t move the market but that as they are behind a paywall and the poor girl can’t afford to access them as she is “a bit short of fiat”, she has not actually read them. But she thinks “Shall we leave it to @asjwebley and @smarterweb and their advisers @peterhousecap, Hill Dickinson @Tennyson_Secs etc. to sort out?” Go on grifter Webley and your lacky crony capitalists, you are too scared to face me in debate, how do you plan to “sort me out”? A lawyers letter for stating facts? Go ahead bitchez, see you in court! Meanwhile yet more shares have been issued.
133 days ago
Yesterday Alessandro Zamboni’s insolvent US fraud Nuburu (US:BURU) filed effectiveness order for two S1 filings. One S1 lets Nuburu sell up to 20 million shares to death spiral provider Yorkville, which will undoubtedly dump the shares.
133 days ago
Worried bears and deranged bulls alike plague me about Avacta (AVCT) now that its shares have recovered to 44.75p. For most of the past three years such a share price would have been seen by the bulls as a disaster now it is posted as a triumph. Is the company turning the corner? Is the pope a Methodist lay preacher?
134 days ago
I told you that this was a free money slam dunk short a few days ago but a few folks thought that they knew better than old TW and what was printed in black and white in a frigging RNS! Now for the Sage of North Yorkshire and others there is some more bad news!
135 days ago
On Friday I have an online meeting with Sath, the new chairman at Bluebird Mining Ventures (BMV) whose shares, at 1.275p trade at a discount to NAV and so I am more than happy to hold. But though shares in Coinsilium (COIN) and The Smarter Web Company (SWC), run by shamed penny share grifter Andrew Webley, have tanked they trade at multiples of NAV. I have questions about them and for them but, though vindicated already, am still a bear of both.
135 days ago
What are the cretins who run Versarien (VRS) thinking of, looking after their old buddy Neill Ricketts before trying to save the company. This stinks!
136 days ago
Sadly my pals at the Financial Reporting Council do not look at Q1 and Q3 results statements even if like those of Satsuma (SATS) they drive a coach and horses through IFRS rules and are thus gossly misleading. The FRC has written to me with this bad news but it says that it has passed the matter onto the FCA and clearly Satsuma is now on notice that it will have to restate Q1s when it publises half year numbers. Against that backdrop how on earth can it continue wth its current £100 million fund raise? Answers on a postcard to the Chocolate Teapots at the FCA. The FRC writes to me.
137 days ago
And it is not good news unless you are, like me, a bear! Today the David Lenigas bitcoin spoof London Bitcoin Company (BTC), formerly Vinanz announced that it had spent $2.48 million buying another 20.94 bitcoin. Look at the exact numbers carefully.
137 days ago
Yes I know the bitcoin price has moved up sharply, Dominic Frisby reminds us of this about seven times a day. And that is why morons are putting 2 and 2 together and making 57 so buying shares in Argo Blockchain (ARB). They are quite literally mad to be doing so. At 3.55p the market cap is c £25 million but Argo has already told you quite explicitly that the shares are almost worthless. If you can short this, it is free money.
137 days ago
David Hunter is a contrarian macro strategist with 52 years of experience. Hunter provides a comprehensive outlook on the current market and economic landscape. He believes the markets are in the final period of a 43-year secular bull market. ee are heading for afinal top in gold, bitcoin, shares everything...then disaster. All is explained in the latest podcast from Palisade Capital
137 days ago
As a loyal shareholder in Red Rock Resources (RRR) all that I can say after today’s statement flagging up very possible and imminent administration is thank heavens that Andrew Bell appointed his pal David Lenigas as a strategic advisor to create shareholder value. Where would we have been without Big Dave sucking at the corporate teet?
140 days ago
The AIM market has attracted a new company, namely Rent Guarantor Holdings Plc (RGG) which this morning announced that it will leave the AQSE Lobster Pot on 15 August and join the AIM Casino on the same date.
140 days ago
On May 22 Petra Diamonds (PDL) posed a full operational update which included the line “We believe the steps we have taken over the past 12 months position Petra well for a successful refinancing. We will now look to commence engagements with our lenders on the refinancing of our debt maturing in early 2026.” The shares were then 21p. They are today 11p and falling rapidly.
143 days ago
I have invited comrade Somerville to comment on Ariana Resources (AAU) where he sold out at c1p just over a month ago. The shares are now 1.65p. Does he have sellers remorse? I conceded that Kerim Sener and team had scored more than enough own goals but did not sell my shares. And I am not selling now, in fact recent news from Zim and Turkey makes the shares a buy.
144 days ago
In the old days when Tim Thompson was being exposed by this website and fired for his dirty tricks campaign against shareholders in Range Resources, a company would release price sensitive information as the rules dictare via RNS. But rules are so old hat!
146 days ago
The letter is self explanatory. I have sent it to both the FRC and the FCA. In a proper world a company currently trying to raise a hundred million quid would have its shares suspended pending a restatement of grossly misleading accounts. But in the real world who knows?
147 days ago
I have fally sold my Wishbone (WSBN) shares, a less than two months almos four bagger. I no longer feel dirty. The proceeds have been largely reinvested in four stocks: two blue chips (one new), a mid cap and a penny share. I explain my thinking.
147 days ago
I supposed if you are advised by the morally bankrupt, journalist smearing PR mothers at Yellow Jersey you have some excuse for putting out such a daft release. But even so, the patsy for the Bixby/Edwards gang at Sundae Bar (SBAR), CEO Jill Kenny must take her shareholders for fools. In that, at least, she is, right.
148 days ago
I am not asked but told that something MUST be wrong at Amaroq Minerals (AMRQ) as the shares have fallen back from the recent placing price of 85p to just 74p. The share price does not lie, we have wholly efficient markets which is why Warren Buffett does not exist.
149 days ago
This could be a sub one month three bagger but I am getting greedy. I said I’d sell in the 20s, the 30s, the forties and then the fifties. But have not. The shares are now 0.6p. This was always a dirty trade
149 days ago
I have written to the regulator of the main market because, I believe, that Geogina Energy (GEX) has run out of cash and that its shares should thus be suspended pending clarification.
149 days ago
It was only a couple of weeks ago that shares in David Lenigas created bitcoin spoofers London Bitcoin Company (BTC), formerly known as Vinanz, were 55p. Today they are 14.75p. That rebranding and a diahreoa of silly memes and other tweets from Big Dave has really paid off. Today comes another massive red flag
151 days ago
If US shares slump watch out world! having said that, writer Jesse Felder strikes me as the sort of loon who lives in a log cabin a mule's ride from that of his nearest neighbour, Nigel Somerville.
151 days ago
Georgina Energy (GEX) today served up yet more promises of exploration jam tomorrow but that is not the real issue, that is a cash crisis and its inability to issue shares. Let me explain
151 days ago
On 12 June Vast Resources (VAST) insisted that the first parcel of diamonds released by the Central Bank of Zimbabwe would be sold “within weeks”. Natch this “good news” saw the shares ramped and, as night follows day, the company raised £2.7 million at 0.35p saying inter alia this was for general working capital.
154 days ago
On June 2 the technically insolvent shitco run by proven wrong ‘uns that is Georgina Energy (GEX) asked that the FCA suspend it shares as it could not get its accounts on time. But it stated clearly:
154 days ago
Shares in Versarien (VRS) are 16% ahead today at 0.0152p thanks to an RNS Reach courtesy of evil PR genius Tim Metcalfe. As morons look to buy shares at 0.016p they will be debagged within weeks either by a placing at 0.01p or by bankruptcy or plausibly by both. Shame on you Tim…on your conscience be it.
155 days ago
Of course you do, this is a perma-dog, regularly exposed as such by the deputy Sheriff of AIM, Mr. Nigel Somerville but today I want you to consider a few matters.
155 days ago
When I first threatened to call an EGM to replace a number if not all of the directors of Optibiotix (OPTI) but certainly Neil Davidson and the gimp NED Sean Christie, Lyin’ Steve O Hara begged me not to bother as “all the directors will be up for re-election at the AGM”. I thought this unlikely but could not believe that even Lyin’ Steve would tell such a barefaced lie so maybe what sits in my notes was true. Well guess what?
155 days ago
Crazy old coot Paul Griffiths of Predator Oil & Gas (PRD) gave a paid for car crash interview four months ago the fragrant Catherine McQueen of Flagstaff TV which was a pure share price toxin. He made a clear threat back then that unless the shares went up from 4.3p by the end of June he would launch a crusade, he would be the "Mr Bates of the FCA". The shares are now 2.6p ( and grossly overvalued). So is Griffiths a bullshitter? Do bears shit both in the woods and also on crapcos like Predator?
155 days ago
The old shyster from the country where 1/3 of folks are descended from petty criminals does not like being called out. I am mortified.
157 days ago
Back in 2018 shares in Versarien (VRS) were almost 200p. Today they are just 0.016p after a catastrophic warning of impending doom yesterday afternoon. Forgive the schadenfraude but all the way down I have been a bear simply on the basis of rational analysis and cracking investigative journalism.
159 days ago
In recent weeks Nuburu’s (US:BURU) preference shares have been the subject of two transactions.
161 days ago
Tennyson raised another £41 million for The Smarter Web Company (SWC) yesterday at 290p. That will have earned it c£2 million in commission which will pay for an awful lot of time with young ladies from Ukraine with ample supplies of Colombia’s finest marching powder to keep the party going. The shares are just 209p.
161 days ago
Though the CEO is Jill Kenney, feel the diversity comrades, the strings at Sundae Bar (SBAR) are being pulled by the Edwards and Bixby gang. Edwards and Bixby own 28% of the shares, Bixby is chairman and of course it is a total spoof and anyone owning the shares is bonkers.
163 days ago
I am still humbled by the suggestion HERE that it is within my power to wipe a billion quid off the valuation of joke bitcoin in treasury companies in my role as co-ordinator of the global shorting conspiracy. Just when you thought that investors in Vinanz (BTC), off from 54p to 29.5p in just over 24 hours or The Smarter Web Company (SWC). Down from 500p to 295p over the past day, could not get any madder…
164 days ago
Once again, Vinanz (BTC), the failing bitcoin miner run by David Lenigas has announced that part of a fund raise has been used to buy bitcoin, the rest is needed to support ongoing cashburn. But the numbers do not add up.
164 days ago
If this is not a sign of the true insanity of the bitcoin in treasury madness, what is? Amazing AI (AAI) listed on AQSE 18 months ago as an online loan shark but lied about having an actual business. In March it changed its name from Investment Evolution Credit to jump on the AI bandwagon. It has almost no net cash, having had to borrow £100,000 from its CEO but having raised just £122,000 the other day. But at 8.5p, up 100% today as it jumps on a new bandwagon, it is capitalised at £7.53 million. Insanity.
165 days ago
Oh dear, oh dear, I fear that Mr. Lee Lederberg of Edwards Veedeer (UK) Limited, the man who signs off the ludicrous accounts of Zak Mir’s Lift Global Ventures (LFT), is in a spot of bother following the suspension of shares in AIM Casino listed Craven House Capital (CRV). I shall be writing to my good pals at the FRC later today.
165 days ago
He cost middle England hundreds of millions of pounds and his cavalier approach to risk management, stock selection and bending the rules means that Neil Woodford is still under FCA investigation. He trousered around £100 million from Woodford Investment Management but the greedy scoundrel wants more.
171 days ago
What is it with devout Christians and The Smarter Web Company (SWC)(. This time it is not mad catholic priests worshipping mammon but @RCA2112BTC whose twitter bio says he believes in “God, family #bitcoin”. Forgetting about the eye of the needle this morning he tweeted to Richard Jennings and myself “have fun staying poor” as Smarter announced that a £15 million bookbuild had become a £29 million fund raise at 180p. Mad just got double mad, the shares are now 252.5p! Here are the maths.
174 days ago
175 days ago
176 days ago
177 days ago
179 days ago
It’s a nothingburger company that sold its legacy assets on 29 May 2024 byt having failed to do an RTO for a year, shares in Jade Road (JADE) were today suspended at 1.15p and if there is no RTO it will be booted off for good in six months time. But with sod all cash why would anyone want to RTO into Jade?
179 days ago
I consider results from Probiotix (PBX) now will the directors buy a meaningful amount of shares?
182 days ago
182 days ago
185 days ago
185 days ago
186 days ago
186 days ago
189 days ago
190 days ago
192 days ago
193 days ago
194 days ago
196 days ago
196 days ago
196 days ago
197 days ago
197 days ago
197 days ago
Actually it might be more thanks to the worthless confetti being offered at just 0.01p. There is a WRAP retail offer underway which might take the total up by £200,000 to £1.7 million but even just on the Allenby placing and a £200,000 payment from a US company to join a reselling jv, Mirriad insists it can survive for another 12 months. Maybe. But maybe not – with the shares 99.9% down from the IPO, this perma bear wins a bonus ouzo today..
197 days ago
Shares in Belluscura (BELL) have more than doubled since the weekend and finally the clowns at AIM Regulation, the original Oxymorons, have forced a statement.
197 days ago
Shares in the insolvent fraud Supply@ME Capital (SYME) have now been suspended for 13 days because of its failure to get tin pot auditors Bright Grahame Murray to sign off on what will be a work of fiction, that is to say the calendar 2024 accounts. Supply insists this is just last minute bean counting, the reality is that Bright will not sign off an insolvent company’s books when the only source of funding is Nuburu (US:BURU) which is itself insolvent and has welched on agreed funding commitments. Will the latest filing from Nuburu hoodwink Bright unto signing off?
197 days ago
Using Leni-maths Big Dave is, apparently, 35 yet again. I look at the falling gold price and what it means for miners generally. I mention Amaroq (AMRQ), Greatland (GGP), a company I should not and Wishbone (WSBN)
197 days ago
We’ve previously recommended shares in BP (BP.) but sold in 2023 when a 516.4p share price meant the prospective dividend equated to a 4.3% yield. The company was also then, with Chair Helge Lund and CEO Bernard Looney, emphasising “investing more in the energy transition and BP’s transition” instead of recognising the multiple examples of ‘go woke, go broke’. However, the company has recently, much more sensibly, emphasised “a fundamental reset of our strategy – to grow the upstream, focus the downstream and invest with discipline in the transition”, yet the share price means the prospective dividend equates to a near 7% yield. The following details why we consider the shares now again income value.
198 days ago
203 days ago
203 days ago
204 days ago
204 days ago
207 days ago
I start with a moral quandry c/o the awful Daily Mail on the death penalty. Then Optibiotix (OPT), Versarien (VRS), Wishbone (WSBN), Technology Minerals (TM1) and the sound of silence and then Symphony Environmental (SYM), its shares are 138% up but placing news today makes no sense at all.
208 days ago
Disgraced Alan Sellars and his other half Samantha Moss have via fees, dividends and dumping stock taken more than £70 million out of Anexo (ANX) since its 2018 IPO at 110p per share. The stock peaked at 191p with the dastardly duo continuing to dump shares onto poor dumb fund managers, the shares are now 57.5p.
208 days ago
It is a fraud. It is run by a liar. It is technically insolvent. And its shares are suspended as tinpot auditors Bright Grahame Murray still, quite rightly, will not sign off on its accounts. And now another rat has jumped from the sinking Supply@ME Capital (SYME) ship.
208 days ago
Today, Nuburu (US:BURU) the insolvent US fraud run by Alessandro Zamboni issued a ramptastic announcement as follows:
216 days ago
I believe Optibiotix (OPTI) will deliver month on month profitability later this year and that its shares are cheap. But following the latest share sale debacle I have lost patience and would like to see an EGM called to sack chairman Neil Davidson and his gimp NED Sean Christie.
216 days ago
Optibiotix (OPTI) shares are still cheap as I explained yesterday but O'Hara has sold more Skinbiotherapeutics (SBTX) shares and his weasel words, enabling of PI financial rape by Cavendish and cowardice on cost cuts have left me seething
217 days ago
The Optibiotix (OPTI) CEO has recorded a 12 minute monologue. Listen and I defy anyone not to say why this does not leave the shares hugely cheap at 18.5p, a market cap of c£18 million. This really is a cue to FYB. Here are the key takeaways:
218 days ago
Yesterday, Grand (GVMH), a company that old father comrade Malcolm Stacey briefly fell in love with before he read my numerous exposes and saw the light, announced that it won’t be able to issue audited financial statements for the year to 31 December 2024 because its auditors, Johnsons Financial Management Limited, can’t complete its audit work on time and thus the shares have been suspended today.
218 days ago
Shares in Minoan (MIN) are today suspended as it cannot afford to publish its annual report. At best, investors will get diluted to buggery (again) by DAGG, at worst administration looms. Against that backdrop the AGM yesterday saw NED Grahame Cook up for election and shareholders said “feck you” and voted him off the board.
218 days ago
Late last night First Class Metals (FCM) snuck out its calendar 2024 results at no-one is watching O’Clock. Quite simply it was an exercise in denial regarding the ponzi fraud the 79th Group, its 41% shareholder. First Class opines:
219 days ago
Brown Envelope Man is very much used to the cash strapped penny dreadful PLCs whose shares he ramps in return for undeclared payments telling him that the cheque to his Lift Global Ventures (LFT) POS company is “in the post”. He might even believe it.
219 days ago
Celadon Pharmaceuticals (CEL) told us on March 31 that it had sufficient cash to last “into April” thanks to the support of creditors. In plain English it could last as long as various folks did not insist on being paid. Today it says that, with the same caveat, it can now last “into May.” CEO James Short is a proven chancer.
219 days ago
Oh dear, oh dear as disgraced ex tipster Mike Walters would say as yet another of his duff tips went horribly Pete Tong. Mike would have loved Argo Blockchain (ARB): dodgy management, strange related party deals, burning cash, an insolvent balance sheet, the historic involvement of known associates of convicted fraudsters, it would have been right up Mike’s street. Today Argo warns that its shares will be suspended tomorrow morning. Ooops a daisy.
220 days ago
The Proactive video below comes with the sort of soft questions you would expect. It makes the fawning Brown Envelope man Zak Mir seem like Jeremy Paxman. But it clarifies in my mind two matters so I have bought a second tranche of shares at c0.175p having bought a tranche last week at 0.135p.
220 days ago
I have been a perma bear of Hemogenyx (HEMO) flagging up pig and pork fund raisings, outrageous claims of progress that cannot be justified, executive greed and more. But for some reason I missed yesterday’s calendar 2024 results. Luckily Liverpool’s greatest numbers man since Ken Dodd is on the case and flags up what a total horror show this is. Evil Banksta opines:
220 days ago
https://shareprophets.com/views/79954/optibiotix-health-leading-usa-weight-management-brand-first-order-shares-to-treble-or-more
220 days ago
Yes, I still think that shares in Skinbiotherapeutics (SBTX) are cheap at 19p, that there will be three quarters of revenues from Croda booked in the year to June 30 2025 with two quarters fully paid. But I see that the shares are off a penny today because we know what is looming.
221 days ago
On balance it is very good news from both but there are issues with executive pay and other matters that still fill me with anger. That does not make the shares anything other than very cheap, it just makes me cross.
221 days ago
With disgraced penny share hustler Zak Mir Not being a great numbers man it is worth reminding him that this Wednesday is April 30th and that is the latest in a series of serially revised deadline days when it claims that insolvent Trans-Africa Energy will repay it £1.25 million to Mir's Lift Global Ventures (LFT). That is an original loan of £750,000 plus an additional £500,000 for constantly agreeing to defer repayment from last August.
221 days ago
Make no mistake: tin pot auditor Bright Grahame Murray has been terrified by a series of letters from me, cc’ing in the Financial Reporting Council. Managing partner Robert Moore knows that he is on notice and any slip up will see him landing in the soup with the regulator. Today, Supply@ME Capital (SYME) has warned it will not get sign off on calendar 2024 accounts by Wednesday so the shares will be suspended on Thursday Morning.
224 days ago
I did warn that shareholders in Argentex (AGFX) would lose nearly all their money on a stock where I have been a perma bear. Maybe I am a genius, not a crook, after all.
224 days ago
I had prepared to tell my stockbroker, the dinosaur, that if he received a message from me on Wishbone Gold (WSBN), he was to ignore it and pretend that I did not send it. But then I changed my mind and bought some shares anyway. We agree this is a dirty trade and not the act of a scholar and gentleman but, well, what the hell….
225 days ago
Folks like the Lemming thought that Skinbiotherapeutics (SBTX) FD Manprick Randhawa was the bees knees and were jolly cross with me for rebranding him for his patent incompetence. In my view he was useless, unable to communicate with serious investors or to stop Stuart Ashman abusing the word accretive and, at least, partially responsible for the cack handed and dilutive financing of two acquisitions. He was unable to control costs. Well, today, he has gone to pursue other business interests. Great news.. It has prompted me to buy more shares, increasing my holding by 25%.
226 days ago
Okay I accept that most folks also hold a dim view of journalists but, with the exception of penny share trader and phone hacking crook Piers Morgan, surely we are, as a profession, viewed less unfavourably than lawyers. If not, what is happening at Anexo (ANX), a main market listed law firm should change that view.
226 days ago
Actually I do not. AQSE Regulation has shown over its failure to deal with the prospectus fraudsters still running Eight Capital Partners (ECP) that they are just as useless as the Oxymorons at AIM regulation. I bet both are pretty hot on sniffing out directors who might have made a sexist or transphobic remark but in terms of stopping white collar crime? Forget it.
226 days ago
Croda (CRDA) has a trading statement out today and the Skinbiotherapeutics (SBTX) obsessives are looking at how revenues from consumer care leapt by £18 million, Quarter on Quarter, to £255 million in Q1 2025. Natch they speculate as to how much of this is Skins related, bearing in mind that Skins would get a double digit margin on whatever is sold. I reckon the answer is “norra lot” but such speculation has pushed the shares up to 25.5p. Now here is my guess for the next RNS!
226 days ago
Good companies hire good Nomads. Mediocre companies pay less to hire mediocre Nomads. And the worst companies on AIM gravitate to London’s most useless Nomad, Roland “Fatty” Cornish in the same way as he is now gravitating towards a large packet of hob nobs ahead of elevenses to keep the wold from the door before he waddles off for a 12 course luncheon a bit later. Had he had a shred of integrity. Cornish should have quit acting for Cleantech Lithium (CTL) after it emerged that its CEO had effectively offloaded his entire holding at up to 53p per share without telling a soul.
227 days ago
I have written to the Oxymorons at AIM Regulation regarding Celadon (CEL). Surely a statement and a share suspension is needed
227 days ago
Why cannot the FCA force Technology Minerals (TM1) to ‘fess up to the awful truth, suspend the shares, call in the administrators and put this dog out of its misery? Instead, at all levels, the farce goes on.
228 days ago
I start on Easter and Easter messages, then another run in with the free speech deniers at Linkedin. Then onto gold shares, notably Anglo Gold Ashanti (US:AU), Amaroq (AMRQ), Golden Prospect (GPM) and Ariana (AAU)
230 days ago
I commented in bearcast yesterday on the latest scare story from Optibiotix (OPTI) bears, concerning the weight loss drug Retatrutide and others. Now here is a response from Steve O’Hara:
231 days ago
I discuss why the former is not, I believe a threat and why Optibiotix (OPTI) shares are so cheap and on the latter I comment on the idea that Croda (CRDA) might launch a cheeky 50p a share bid for Skinbiotherapeutics (SBTX). FWIW I think its unlikely although stranger things happen at sea.
231 days ago
A slight mix up saw both Nigel and myself prepare pieces on Tern (TERN) after its latest bailout placing yesterday. We are both vindicated bears and we both agree on what happens next. Nigel's article is HERE. Now its my tern (geddit?)
232 days ago
This is insanity writ large. Anyone holding Celadon (CEL) shares going into the long weekend is utterly insane. The next working day after Easter is April 22. Just to remind you….
236 days ago
238 days ago
238 days ago
238 days ago
238 days ago
240 days ago
240 days ago
241 days ago
As it prepares to celebrate 26 years since it was established to develop a hotels and leisure complex at Cave Sidero on Crete, Minoan has warned that, at best its shares will be suspended and shareholders will face mega dilution. It is still no closer to starting work on the ground in Crete than I am to shagging Cheryl Cole and it is very possible that, at any time, the fat Lady will be called on to brush up on her Greek.
245 days ago
245 days ago
245 days ago
246 days ago
Whilst the insolvent fraud Supply@Me Capital (SYME) had to fess up that the insolvent fraud Nuburu (US:BURU) has failed to pay the $500,000 second instalment of its $5,150,000 financing facility that was due on 31st March, Nuburu has at the date of this note not fessed up to its cash flow problem. Does the SEC find that acceptable?
247 days ago
Analyst and author Jeff Clark stresses that while gold is in a bull market, mining stocks have lagged behind, creating an opportunity for investors and highlights historical trends where mining stocks eventually outperform gold and expressed optimism about future gains.
247 days ago
“Oh dear, oh dear” as disgraced ex tipster Mike Walters would say when yet another of his share tips went horribly Pete Tong. No money, guzzling cash, likely to delist, a blue sky jam tomorrow story and run by rule breaking shysters, Celadon Pharmaceuticals (CEL) is just the sort of dog Walters would have tipped. Yesterday it waited until I was on the school run for its latest bad news. The shares, 125p two years ago when I first called this out, are now 3.5p.
249 days ago
That silly woman from Shares Magazine probably thinks it is racist to make that Zak Mir/Lift Global Ventures (LFT) joke again but it is good enough as the shares plunge to a new low to make it yet again. But seriously folks, I ten turn to Marechale Capital (MAC), the upper class twit of the year 2012-24 and Weardale Lithium, Ariana (AAU),.First Class Metals (FCM), Cirata (CRTA) and Aston Martin (AML)(, both of which are still shorts. I also look at gold stocks as gold hits a new high of $3,123 oz.
249 days ago
What am I missing here? It seems to me that Sealand Capital Galaxy (SCGL), whose shares touched 11p earlier this year but are now 0.525p is completely bust. Maybe its CEO, Tom Sawyer, who got Rachel from Customer Services to write his CV, can explain why I am wrong.
250 days ago
250 days ago
251 days ago
252 days ago
252 days ago
252 days ago
252 days ago
252 days ago
The shares have collapsed today by 23% to 0.65p leaving a market cap of just over £500,000 on the Main Market. But I reckon that Ashington Innovations (ASHI) is insolvent, the maths screams out that it is. The curse of association with both Jason Drummond of MediaCorp (MDC) infamy and the struck off dentist Ajan Rejinald strike again
252 days ago
Interims from JD Wetherspoon (JDW) are out this morning and for reasons without its control they have not impressed and the shares are off by c10%. Heroic chairman Tim Martin knows who is to blame. He says that:
254 days ago
254 days ago
I discuss the banning of someone who is clearly, at many levels, unhinged. Where does free speech end? I think that ADVFN (AFN) has acted correctly and am glad to have assisted the Lemming. Then I answer PJ’s point on one possible reason for Optibiotix (OPTI) to sell some more Skinbiotherapeutics (SBTX) shares.
254 days ago
I want to shift my pension into safer stocks and ones that give me a 5% yield and will do that within 3 years as I bank big gains on certain small caps you know well. But I already have some grown up stocks and discuss the two grown up gold plays plus Tesco (TSCO), Legal & General (LGEN) and, at length, Imperial Brands (IMB). can you believe it is now £27?
254 days ago
Surely even Stevie Wonder can see that the writing is on the wall after today’s latest disastrous news from Argo Blockchain (ARB). This has zero written all over the shares as Stevie has just spotted.
255 days ago
255 days ago
255 days ago
255 days ago
256 days ago
256 days ago
256 days ago
256 days ago
257 days ago
Microbiome-focused products company OptiBiotix Health (OPTI) has again issued an RNS version of ‘War and Peace’ in the form of a “Commercial Update”. However after, eventually, getting to the end of the announcement, though there are some minor disappointments, there are significant positives which suggest material upside potential from a currently up to 19p share price, £18.6 million market cap.
261 days ago
The share price of Eurasia Mining (EUA) is insane at 7p, a market cap of more than £200 million. I explain why the end o the war in Ukraine would be bad news for the shares and urge Frank not to gamble on this red flag strewn POS.
261 days ago
I discuss today’s trading statement from Optibiotix (OPTI), why its shares should treble by late 2026, the path to cashflow profitability and why I should be made chairman
261 days ago
Folks cannot say that I did not repeatedly warn them about Alpha Growth (ALGW) but, as is always the case so many stars of the Bulletin Board Moron community knew better than old TW, in cahoots with evil shorters, works in a pizza store, failed fund manager, etc , etc. Yesterday afternoon it announced that it is to delist and its shares are now just 0.4p. GOTCHA!
263 days ago
263 days ago
267 days ago
268 days ago
269 days ago
269 days ago
269 days ago
270 days ago
On tipping international fresh prepared food group Bakkavor (BAKK) at a 139.5p offer price just last month, we noted the business trading strongly and that its performance suggested that the shares offered growth and income value. What about now full-year results and the shares already at above 150p?
270 days ago
The world’s largest primary silver producer and, from Mexico also, a gold producer, Fresnillo (FRES) has announced its results for the 2024 calendar year emphasising “a solid financial performance” enabling its highest return to shareholders whilst continuing to invest in its future. How good is the news with the shares at 800p?
270 days ago
Every business has three key stakeholders: staff, shareholders and customers. You can screw one of them and reward the others but not forever. But maybe Trustpilot (TRST) is different?
275 days ago
275 days ago
275 days ago
275 days ago
276 days ago
Over at chez Stacey there is the sound o spluttering on cornflakes today. “By the powers of Saint Greta” cries the old boy, “what news is this from darling green Ceres Power (CWR)?” For it is more bad news indeed and the shares have slumped another 34% to 86.5p, a market cap of £170 million.
276 days ago
I am happy with the news out of China. I think that shares in Probiotix (PBX) will at least double or treble on a three year view and could multibag. But an options plan announced today stinks. If directors could not deal in shares without insider dealing how could they set an options plan strike price?
277 days ago
280 days ago
Yesterday shares in Petra Diamonds (PDL) clawed back a few of Monday’s steep losses to close at c26p, a £50 million market cap. But on the bond markets it was a very different tale as you can see below. And that was telling as yesterday Petra was presenting to its bond holders and they clearly did not like what they were told.
280 days ago
280 days ago
281 days ago
281 days ago
282 days ago
282 days ago
287 days ago
287 days ago
287 days ago
290 days ago
There is an awful lot of talk about EBITDA in today’s interim results from Petra Diamonds (PDL) and that, on its own, should be a red flag. But there are many other warning signs too. Well done Lucian Miers for urging folks to add to shorts ahead of the numbers, the shares are down another 16% today to 24.2p but that is still far too high. Arguably by 24.2p.
290 days ago
I discuss a couple of the moronic observations made by disgraced Neil Woodford abut the malaise in small and mid caps. I reference what is going on at Nasdaq horror show Critical Metals Corp, how it crushes Technology Minerals (TM1) but, more importantly, what it shows about the Woodford thesis
291 days ago
No doubt Zak’s silly sister at Shares Magazine thinks it is racist to mention this but Totally (TLY) has never recovered from Mir’s endorsement. Today a warning. I discuss why this stock , where I have been a perma bear, is less investable than ever.
291 days ago
Iconic’s (ICON) worthless shares have been suspended since 29 February 2024 and mug punters who have had their cash locked up for almost a year now face the grim news that its RTO is off as shown in the RNS issued below:
291 days ago
Shares in Westminster Group (WSG) were 14p when the Right Honourable Tony Baldry of 3DM infamy waddled on board as chairman. Today they have crashed by 24% to just 1.025p begging the question is the curse of Baldry about to strike yet again. This company has already uttered the dreaded phrase “strategic review.”
291 days ago
Yesterday I asked, once again, why Global Petroleum (GBP), a worthless promote run by a proven liar, was issuing shares to a mystery “media and marketing consultant?” Now I have the answer to all my questions.
291 days ago
We have already established on this website that Global Petroleum (GBP) is run by lying scumbags, notably HERE. But who is the “media and marketing consultant” appointed on October 25? Today, he, she, they or it was handed another 2.777778 million shares.
295 days ago
With the connivance of London’s worst Nomad, Mr. Roland “fatty” Cornish the former CEO of Cleantech Lithium (CTL) Mr. Aldo Boitano has made out like a bandit, breaking listing rules and without suffering any financial consequence. Today he gets a bonus as the company also announced a bailout placing raising £2.4 million at 16p. Remember that price. This just stinks as does the cover-up of how Aldo has been protected from loss while banking £3 million dumping shares.
296 days ago
https://shareprophets.com/views/78891/tom-winnifrith-bearcast-no-1-180m-of-eurasia-madness
296 days ago
Hilton Food Group (HFG) recently issued a trading update including that “strong trading has continued in the final quarter of the year across all three geographical operating regions, driven by the core retail meat volume, which grew by +4.0% compared to the same period last year” and that it is “confident” in outlook for 2025. With the FTSE 250 hit though, a 860p offer price for the shares compares to approaching 1000p last summer, higher than that in previous years and even a start of 2025 above 900p. We consider this provides an opportunity, considering also the dividend payments here.
296 days ago
The really bad news for Technology Minerals (TM1) is that our very own in house psychiatric patient The Magna Carta has not been taking his meds, has gone long and is telling all the chatroom gerbils that it is his tip of the year. All it needs now is Zak Mir to start raping the shares and the panic will really set in. But, seriously folks, there is even worse news from America.
297 days ago
The fraud Supply@ME Capital (SYME) has a loan facility from Alessandro Zamboni’s wholly owned entity The Avantgarde Group SPA (TAG) which Supply uses as its justification to remain a going concern despite being technically insolvent with net liabilities. Supply has previously reported that TAG has been delinquent in meeting its payment deadlines which results in a material uncertainty caveat being raised in Supply’s accounts. But I can now reveal that it is game over!
308 days ago
I start by explaining risk capital vs options and why buying any share is always a risk. This is for the demented Lemming. Then it is onto Frisby’s video, Nigel’s contest you must enter HERE and finally the questions the FCA must ask about the Pennpetro (PPP) fraud.
308 days ago
308 days ago
309 days ago
309 days ago
309 days ago
310 days ago
311 days ago
312 days ago
312 days ago
314 days ago
315 days ago
316 days ago
333 days ago
333 days ago
336 days ago
337 days ago
337 days ago
340 days ago
341 days ago
The word on the street is that Father Christmas has a stocking gift for myself from the Dominic Frisby store as a reward for being so good this year. Meanwhile the great man has a new song out which is superb although, for some reason, the Mrs. is not a fan! Enjoy.
343 days ago
347 days ago
351 days ago
Polymers company Victrex (VCT) has recently announced results for its year ended 30th September 2024, helping the shares rise to above 1100p, but still comparing to above 1500p at the start of 2024 and above 2500p in 2021. However, the results also included some indications that there could be further share price recovery potential from here and that’s with a strong balance sheet and above 5% dividend yield to boot.
351 days ago
https://shareprophets.com/views/78080/tom-winnifrith-bearcast-up-300-today-the-biggest-sell-i-can-remember-for-ages
351 days ago
Shares in property investor Conygar (CIC) have dived by 15% today to just 49p after some pretty shoddy results. But the company wants you to believe that its NAV of 103p per share at the September 30 year end is real and that things are going to get better. Mr. market clearly does not believe it. And must be worried about the high level of gearing too.
352 days ago
Don’t all start sniggerinng but the FCA is charged with ensuring that markets for shares remain orderly. In light of that I ask you to consider the case of Supply@ME Capital (SYME) on the main market, a company that is a fraud, run by a liar and is technically insolvent. In a normal world the FCA would have suspended trading in its shares because Supply is a fraud, run by a liar and is insolvent, but the FCA is useless. However…
354 days ago
I was lying in bed last night wondering where Ariana Resources (AAU) would have been had it not paid out a 1p per share special dividend. My guess is that with hindsight it was an error and that the shares would not be at 2.05p plus 1p but at closer to 4p. It would have more institutional support and fewer niggling concerns about financing.
354 days ago
https://shareprophets.com/views/78027/tom-winnifrith-bearcast-no-need-to-own-retail-or-oil-shares-at-all
355 days ago
The only Geordie I wish to see on video is called Cheryl. Sadly, she is not the boss at Skinbiotherapeutics (SBTX) as she’d be far less likely to arrange financings with proven fraudsters than Stuart Ashman. Anyhow Ashman and his grossly overpaid FD Manprick have recorded the video below. Notwithstanding this company’s management, I continue to regard the shares, at 16.75p, as very cheap and perfectly capable of trebling or indeed being a six bagger within 18 months. Enjoy. Or should that be, endure.
355 days ago
On 27 November I flagged up how David Lenigas had picked a fight with me on twitter to distract from his utterly shameless ramping of shares in Oracle Power (ORCP), then 0.033p.
355 days ago
It is not the big story but Steve O’Hara has confirmed he has a sell order in on Skinbiotherapeutics (SBTX) shares. It’s been there for a while and shares are only sold inn small volumes on up days. Those who think that Optibiotix (OPTI) is either the only seller or a big seller are kidding themselves. On some days in recent weeks O’Hara has accounted for c6% of volumes on most days it has been nil.
360 days ago
Anyone buying shares in Oracle Power (ORCP) right now at 0.0325p deserves to have their trousers taken down They are just asking for it and here are the four reasons why.
360 days ago
https://shareprophets.com/views/77948/vsa-initiates-on-panthera-at-75p-buy-target-40p
360 days ago
I would ban RNS Reach announcements. These are announcements that are not deemed by a Nomad or advisor to be price sensitive, ones that do not flick the revenue dial more than an iota. So, they cannot go out as an RNS but must be a Reach, a marketing communication. Thus, companies such as Versarien (VRS) use them to ramp the shares with non news, believing (rightly) that their investors are too stupid to know what is going on.
360 days ago
Surely, as Wishbone Gold (WSBN) shares head ever more rapidly towards 0.1p par, it will be time for yet another share consolidation? Because today’s placing raising £250,000 gross at 0.2p will not be the last, it is just one of so many that I have lost count.. Wishbone really has issued new shares more times than I have had inappropriate thoughts about Cheryl Cole.
360 days ago
https://shareprophets.com/views/77916/celadon-if-this-is-true-the-company-will-blow-up
360 days ago
I am trying to be helpful and I think that shares in Skinbiotherapeutics (SBTX) are very cheap as explained HERE. However…
360 days ago
Skinbiotherapeutics (SBTX) is very simple. If you believe that Croda could deliver £25 million GP or anywhere close to that as CEO Stuart Ashman has intimated the shares are stupendously cheap at 17.75p. Ashman needs to do nothing apart from deliver other corporate deals and more GP from his existing IP and no more shares need be issued. Hell’s teeth why issue shares now or indeed at twice or three times the price given that on Ashman’s Croda numbers the shares could easily be 100p or even 200p! But Ashman is a git.
360 days ago
The shares were 87p at the close valuing Amaroq Minerals (AMRQ) at £285 million. Then came the news, a proposed placing raising £20 million at 86p. It was largely underwritten, including the directors putting in £2.1 million, and we now discover that it was massively oversubscribed and £27.5 million was raised. Almost no discount, real boardroom support, not that much dilution, that is what you call a real placing by a quality play.
360 days ago
https://shareprophets.com/views/77874/argo-blockchain-end-game-the-bond-markets-tell-you-that-the-shares-are-worth-0p-big-moves-in-the-past-few-days
361 days ago
https://shareprophets.com/views/77871/optibiotix-health-poorly-produced-launch-of-dr-morepen-announcement-but-the-potential-compelling-strong-buy
361 days ago
Amaroq (AMRQ) is my largest mining holding and I am now way ahead here. the placing it has just done is the AIM placing of the year. Howe often do you see one done at almost no discount which is oversubscribed and where the shares head higher afterwards? This is a class act and I can see the shares more than doubling from here. With a small windfall on its way to my SIPP I am pondering buying more.
361 days ago
https://shareprophets.com/views/77848/cirata-surely-a-trading-statement-warranted
362 days ago
In my rage I think I got my maths a bit wrong in this podcast. After an after hours up to £10.6 million equity raise, the Diluted NPV is now c 4.5p to c7.5p possibly a bit more dependent on the Saudi sale. Did Harry Adams of Kefi Gold & Copper (KEFI) lie to me or mislead me? Has he made 2 big errors of judgement in ignoring my advice? YES! What four letter word describes the COO? And should I park my rage and apply for Primary Bid shares at 0.55p?
369 days ago
Fandango (FHP) a Standard Listed cash shell run by total chancer Charles Tatnall made a loss of £178,000 and had net current liabilities of £781,000, net liabilities of £801,000 and no cash in the six months to 30 June 2024. It shares are currently suspended. But that is the good news!
369 days ago
I wonder why shares in SkinBiotherapeutics (SBTX) have not raced ahead more on the news from Croda. One possible explanation put to me by Lemming investor is that Optibiotix (OPTI) has been reducing its holding which was last stated at 10.92%.
369 days ago
Shares in EnergyPathways (EPP) are up by 400% in the last two months since an RNS, signed off and no doubt assiduously verified, by Liam “the Toke “ Murray at Cairn claiming a big loan was on the way. But who are the chaps behind that supposed loan and are they really good for the moolah. Has The Toke checked with his usual rigour i the due diligence department? The twitter thread below suggests he has not. Enjoy.
369 days ago
Shares in Argent Pharma (RGT) have collapsed to 8.5p after a dramatic flip fop on its delisting plans. I told you that this company was a worthless piece of crap run by charlatans when its stock was a consolidation adjusted 225p on January 11 2022. How they all protested. TW knows nothing, TW is batting for diseases affecting the CNS, yadda yadda yadda. *Ouzo on cornflakes time again.
370 days ago
So the timeline now reads: Thursday last week, ramptastic video interview with Doc Holliday. Monday this week, hugely discounted placing, no doubt aggressively forward sold. 24 hours later, bad news. It all looks a bit unfortunate and the shares are now 0.305p, below the 0.33p subscripti8on price. It is lucky that there was a window for spivs to forward sell.
379 days ago
380 days ago
381 days ago
381 days ago
382 days ago
382 days ago
382 days ago
383 days ago
421 days ago
424 days ago
428 days ago
429 days ago
429 days ago
430 days ago
430 days ago
431 days ago
469 days ago
469 days ago
495 days ago
It is neither here nor there as the fraud Supply@ME Capital (SYME) is technically insolvent. It is still yet to tell us whether Alessandro Zamboni’s insolvent AvantGarde has coughed up the £500,000 due by January 31 or another £1.5 million owing before that. So, I suggest that Zamboni has not paid a cent. However, there is an RNS today.
503 days ago
513 days ago
513 days ago
In today’s bearcast I look at Versarien (VRS), Invinity Energy (IES) - a change of stance – Skinbiotherapeutics (SBTX), UK Oil & Gas (UKOG), Baron Oil (BOIL) and NatWest Group (NWG).
513 days ago
Microsalt (SALT) tried to raise £10-15 million ahead of an IPO last October but for some unexplained reason, Nomad Zeus postponed the IPO. On 1 February it joined the AIM sewer after raising £3.15 million gross (£2.5 million net) at 43p giving an £18.5 million valuation. Today, after announcing what it termed a “vital” deal earlier this week, the shares are 112.5p so valuing it at just over £48 million. Really?
513 days ago
I write as UK Oil & Gas (UKOG) holds aa GM to approve a share consolidation. Like so many penny dreadfuls its shares have collapsed below par value of just 0.01p and it must therefore undertake a capital reorganization slashing par to just 0.0001p to allow it to issue even more worthless confetti. And boy does it need to issue shares.
520 days ago
The fragrant Warwick University philosophy student who is running Oxford Cannabinoid (OCTP) into the ground, Ms. Clarissa Sowemimo-Coker is delighted to announce that the subscription element of the £1.1 million net 0.5p per share fund raise announced on January 30 has now completed. Already the bid is, at 0.47p, below the fundraise price, always a bad sign as the new shares do not start trading until 20 February. But worse is to come.
520 days ago
Iconic (ICON) successfully passed all its AGM resolutions on 13 February and in each case over 90% of votes were cast in favour of the resolutions but under a third of shareholders bothered to vote.
522 days ago
This is like groundhog day. The last 100 for 1 share consolidation was just 32 months ago when, laughably, dumb shareholders were told it was needed to allow dividend payments. But, no dividends and numerous placings later, Vast has again run out of cash and again its shares have slumped below the 0.1p par value. Its groundhog day!
522 days ago
Yesterday I suggested that Technology Minerals (TM1) the Standard Listed joke company drowning in the stench of disgraced fraudster Chris Cleverly would see its death spiral provider start to dump shares on March 8. But I may be wrong. It could be today. Let me explain.
522 days ago
I flagged this up in bearcast last week but the silence from Colin Bird’s Xtract Resources (XTR), London’s worst Nomad “Roland “fatty” Cornish and scumbag broker, the king of the spivs, Jon Bellis at bucket shop Novum is deafening. Shares in this perennial penny dreadful are now just 0.95p and sliding fast.
522 days ago
Mangold a Swedish Investment bank published a commissioned report on Wyld Networks HERE. Mangold was the bank that helped in the last Wyld fundraise so you’d have to take its price targets with more than a pinch of salt.
524 days ago
You remember Globo (GBO). I was a bear and pointed out numerous red flags even doorstepping it in Athens. Roger Lawson of ShareSoc said I was wrong and did not understand tech stocks like he did, Globo had £40 million of cash and was profitable. Then Gabriel Grego compiled a bombshell dossier. Snot gobbler Dan McCrum at the FT did not have the balls to publish it but alerted the CEO who sold millions of pounds worth of shares over the four days until I obtained and published the dossier, the shares were then suspended, there was no cash, no profits it was a fraud, a slam dunk fraud. But it seems that crime does pay.
526 days ago
Packaging company DS Smith (SMDS) has confirmed an “expression of interest” from Mondi plc (MNDI) and that it “understands that Mondi is considering a possible offer”. What of the news currently helping shares in DS Smith more than 10% higher to 311p?
526 days ago
I have warned JP Jenkins a number of times about Tintra (TNT), formerly the AIM Company of the year 2022. But despite shocking exposes like this one yesterday, JPJ seems happy to allow shares to be traded on its platform. Well maybe the winding up order might just change that? I kid you not.
526 days ago
I start with a Cambridge University sports report and an apology to a reader who feels chastised. Then it is on to Canadian Overseas Petroleum (COPL), Regtech Open (RTOP) , Eight Capital Partners (ECP), Supply@ME Capital (FRAUD) and Dispensa (DISP), Strategic Minerals (SML), DS Smith (SMDS) and Revolution Beauty (REVB)
526 days ago
My shocking expose of Dispensa (DISP), the crock formerly known as Zamaz, where I’ve been a perma bear since its September 2 2022 IPO at 11p seems to have somebody panicking. The shares have today crashed by 42% to just 0.95p. Which will be the next rat to jump as there is far worse to come. I shall kick off with a couple of questions for those such as PR goons Walbrook and VSA Capital, where I am unwitting shareholder, to consider as they ponder how much more reputational damage they can tolerate.
527 days ago
Oh dear, Oh dear as the shamed tipster “old Mother” Mike Walters used to say when one of his shite share tips went horribly wrong. Oh wait: Verditek (VDTK) was one of his shite share tips! Its shares were 20p at peak Walters enthusiasm. They are now 0.11p after an admission today that it is giving up the solar panels business and becoming a cash shell, albeit with almost no cash. The big red flag here which Walters overlooked was that Verditek repeatedly lied about contracts won to get placings away only to ‘fess up afterwards that the contracts, even those described as take or pay, had not happened. So, serial lying and thus fraud…always a bit of a red flag.
529 days ago
The breaking news today is that Neill Ricketts, the man who must take the credit for Versarien (VRS) shares plunging from 200p at peak ramp to just 0.15p today has filed a series of legal claims against the company demanding even more money. Words almost fail me.
532 days ago
Before they celebrate too much the gerbils should realise that even though the shares are up by 34% today at 37.1p the bard of the Boleyn is still way ahead on is short bet. But perhaps the trading statement marks a turning point for this producer of Eroxon, a treatment for Erectile Dysfunction which most customers appear to think is useless.
532 days ago
Yesterday shares in Reneuron (RENE) were suspended pending clarification. We did warn folks but sadly shareholders who ignored us will almost certainly lose everything. But that is their call. The real scandal is that we all, as taxpayers, have taken a £15m hit.
532 days ago
On November 8 Reneuron (RENE) said that it had £5.1 million in the bank as at 30 September, a cash runway until April this year and that ”the outlook for the business remained positive provided it could retain its’ highly dedicated team of scientists, further develop and verify the CustomEX™ exosome delivery platform and conclude validating industry partnerships.” Today the shares have been suspended pending clarification.
532 days ago
The week that the spoof bid was promoted as credible by Upland Resources (UPL) was, conveniently for it, the week a shed load of new shares from warrant exercises started trading. As the gerbils rushed to buy that stock was quickly absorbed. Today another stack of warrant shares start trading and conveniently enough there is an operations update to accompany it. Handy.
533 days ago
Excuses are like arseholes. We all have them and nobody cares. And so just four weeks after raising £7.8 million at 20.5p Argo Blockchain (ARB) has fessed to a piss poor January but of course it is not its fault. The shares are now 14.75p suggesting that the placees, suckered in by a ramp up to 34p, have already been well and truly bummed. But not as bummed as those private investors who fell for the ramp.
533 days ago
Andrew Bell reckons that David Lenigas knows how to create value. Hmmmm. On the day that Bell appointed Lenigas to drive the “new phase of growth” at Red Rock Resources (RRR), after a last phase of growth that has seen shareholders lost 92% in three years, Lenigas created UK Oil & Gas (UKOG) had yet more disastrous news and its shares are now minus 99.99% down from peak ramp. And you know what? It is going to get even worse.
542 days ago
Earlier I flagged up the scandalous listing of Tintra (TNT) on JP Jenkins. It is my contention that the company mislead investors in numerous ways allowing insiders to make millions from dumping share at hugely inflated prices. And in that vein, here is another oddity that the folks at JP Jenkins should be considering as a matter of urgency.
542 days ago
What could possibly go wrong for my old pal Andrew Bell and Red Rock Resources (RRR) where I am NOT recommending the shares, at a wretched 0.0775p, but where I remain a loyal shareholder to remind me what a prize prick I can be at times.
542 days ago
International components company Essentra (ESNT) has issued a trading update including that its 2023 expectations remain unchanged and emphasising that, “underpinned by its breadth of customers, end market categories and geographical diversification, Essentra is well positioned”. What now with the shares currently up to 161.6p in response?
544 days ago
For the record, shares in the insolvent fraud Regtech Open (RTOP) were listed at 100p on August 25 2023. A month later they hit 314p. Today they are 6.22p and they will go to zero. I have been a perma bear, but in a parallel universe Bubbles tweets away happily on both Regtech and the sister fraud Supply@MECapital (SYME), where he is also long and strong as its shares hit new record lows. Bubbles is a moron as you can see below.
552 days ago
For having their shares suspended for more than six months because of a failure to publish interim and full year accounts, Advanced Oncotherapy (AVO) and Live Company (LVCG) should have been booted off the AIM sewer on January 1 and February 1 (today) respectively. But on the “world’s most successful growth market” it seems that rules just do not matter. Or perhaps because it is shrinking so rapidly, the regulators will not boot anyone off. In both cases, the companies are – as things stand – insolvent.
552 days ago
I start with thanks for your best wishes on my date with the Shipmans, including a very foxy Asian babe junior Shipman, yesterday. Then it is onto Kefi Gold & Copper (KEFI), paranoid advisors, Inspiration Healthcare (IHC), Guild ESports (GLD), BSF Enterprises (BSFA), Vast Resources (VAST) where a new GM must surely be called for another share consolidation and Supply@ME Capital (SYME)
553 days ago
On November 1 2022, I published a red flags dossier on Turner Pope spoof MGC Pharmaceuticals (MXC) with the shares at 2.25p giving a market cap of £70 million. Wind forward 15 months and after a 1000 for 1 consolidation the shares are 18p meaning that those who mocked my advice have lost 99.2% of their hard earned. But so many gazillion pieces of worthless confetti have been issued that the market cap is still £15 million and today’s quarterlies suggest that is way too high as yet another cash crisis looms.
553 days ago
OptiBiotix Health (OPTI) has issued a “SweetBiotix Update” announcement. It is a, non-regulatory, RNS Reach, immediately signalling no commercial deal yet, but there are clear signs of progress towards material deals. So what of the shares currently up at 29p in response?
553 days ago
The Oxymorons at AIM Regulation maybe busy reading ESG porn or dealing with the antics of poltroon Giles Balleny at Cavendish. If they do have a spare moment they should consider why shares in musicMagpie (MMAG) have collapsed in recent days and be forcing a statement. I am 99 sure I know the reasons but it would be nice to have that confirmed. I have sent the letter below by email:
555 days ago
Gareth Soloway, Chief Market Strategist of Verfied Investing has a stark warning of bad things happening in China which will hit us all.
555 days ago
Yes, Felix is another moron who has done his conkers ignoring advice from myself at 25p and Gary Newman from almost as high to sell shares in Canadian Overseas Petroleum (COPL).
556 days ago
Chill Brands (CHLL) is this morning boasting of how it has managed to issue £2.4 million of new shares at 3.75p. As ever, this company is wholly disingenuous. It is almost as if it and its disgraced adviser Allenby, of NightCap (NGHT) infamy, gets a strange sort of sexual pleasure from misleading investors and has become addicted to it.
556 days ago
It was an hour of my time which I may look back on my deathbed and consider an hour wasted. I should say that, on balance, there was enough offered by Ashman to make me content to hold shares in Skinbiotherapeutics (SBTX) but there were also worrying matters not least the CEO telling a blatant lie.
567 days ago
In today’s podcast I discuss retirement postponed thanks to Joshua and to Stuart Ashman. I chat about Optibiotix (OPTI), en passant, but in depth about Skinbiotherapeutics (SBTX) with apologies to those who have lost money. Here is what should happen next.
576 days ago
In in last months as a public company, Tintra (TNT), the AIM Company of the year 2022, announced a potential takeover bid at 150 pence per share on 7 September 2023 which was revised, on 6 November 2023, to a potential tender offer for 29.9% of Tintra shares at 150 pence per share from LRB35 Limited. However, although the shares are now delisted
576 days ago
A “correction” being required to a previously-issued announcement is usually bad news and hits a company’s share price. So what of shares in Centamin (CEY) currently being more than 5% higher at around 98p on the back of such an announcement?
576 days ago
Malcolm Stacey and the rest of the green brigade got terribly excited last Thursday when Ceres Power (CWR) announced a big new deal with Delta Electronics “Praise be to Saint Greta, His Holiness Lord Attenborough and blessed King Charles, we are all going to be rich!” screamed the senior writer on this website. Just six days later comes a shock warning and the shares are tumbling. Malcolm will be writing a letter of complaint to the Guardian shortly.
576 days ago
Tern (TERN) has announced a placing raising a paltry £400,000 and at just 2p – the shares closed yesterday at 2.875p and were well above 3p just five days ago. Natch the company misleads with its excuses, this is just a sticking plaster which postpones death by just a few months. It’s ouzo on cornflakes time for this website, for the chatroom warriors who knew better it is another wake up call.
580 days ago
This was the company that said it needed to do a 100 for 1 share consolidation so that it could pay a dividend. Natch it has not paid a dividend in the 33 months since but has placed numerous times and its shares have now collapsed by 98% since the consolidation having been 99% down before it. The management of Vast Resources (VAST) are simply liars. Today the company is exposed again in the most blatant way. Why on earth the Oxymorons at AIM Regulation and hapless Nomad Roland “Fatty” Cornish do not come on this farce defies belied. Wind back to 6 October and a placing to raise £1,819,350 at 0.195p. The company stated:
580 days ago
The Department of Justice is still trying to get its hands on Dozy Mmobousi who faces a 45 year jail term when found guilty of fraud. Others were part of that fraud says the DoJ and may still have their collars felt. Shares in Chris Cleverly’s Tingo (US:TIO) shares are suspended and now it has filed with the SEC that its auditors Deloitte resigned on 16 January. But why only now? I wrote twice to head of regulation Jen Knickerbocker HERE and global chair Anna Marks HERE more than six months ago.
582 days ago
On 19 January, Iconic (ICON) announced that at its forthcoming AGM on 13 February, it plans to reorganise each of its £0.1 nominal shares into a new ordinary share of £0.0001 and a worthless deferred ordinary share of £0.0999.
585 days ago
As flagged up HERE yesterday, the maths just did not stack up. And thus for the second time Adam Reynolds chaired Belluscura (BELL) has had to revise its all-share offer for cash shell TMT Acquisitions (TMT). First it was 15 shares for every 22, then it was 3 for 4 and today it is a straight 1 for 1. I am glad that Nigel Wray et al have done the decent thing but how do the maths now stack up? And actually is it still a good deal?
585 days ago
As I write, shares in Argo Blockchain (ARB) are trading, down again today, at 15p. Just 17 days ago some folks were paying 35p for the shares. If you have had your pants pulled down on this one you must be asking what the hell happened?
585 days ago
Just over five years ago the shares were 182.5p. Today they are struggling to hold 0.09p. You must forgive my schadenfreude as this company’s biggest critic but its shareholders, egged on by repellent founder Neill Ricketts, trolled me – as did Neil himself – on twitter, discussed having me killed in chatrooms and also plotted to get my wife sacked by her University. So I delight in how such folks have lost a fortune. You may remember how one such poltroon produced cartoons mocking and lambasting myself and also Lucian Miers. As a reminder, here is one gem. It has not aged well.
590 days ago
Yesterday Kefi Gold & Copper (KEFI) did a presentation on the Investor Meet platform then took questions from private investors. I’m happy with the presentation and am happy to still rate the shares, at 0.669p as a BUY. They could easily treble this year. I thought boss ‘arry Adams was upbeat. But I also worry that some of my fellow shareholders are the sort of morons who give morons a bad name. For light relief just skip to the Q&A. Enjoy.
591 days ago
It’s one in one out at a NED level but nothing much to read there: nobody hangs around long at the sinking ship that is Canadian Overseas Petroleum (COPL). The bigger news is that we have a new CEO although only an interim one, natch.
591 days ago
Dispensa (DISP) the Sub Standard list POS formerly known as Zamaz, a company created by Dominic White of the fraud Supply@ME Capital (SYME) infamy is in serious trouble. The only question now is when the end will come and why. This company listed at 11p, a £77million market cap in September 2022. I explicitly warned that it was a sham but the FCA knew better and allowed the listing to go ahead. The shares are now just 1.625p and my target is 0p.
595 days ago
In my day job I deal with stockmarket villains. The narrative does not change when you expose a big scandal. I publish a report. The company’s advisers, overpaid PR fluffies, put out a regulated announcement where they “refute” the allegations. And in due course I am vindicated and shares in that company collapse, sometimes to zero. It has happened so many times.
596 days ago
The $2.5million placing at 0.15p by Canadian Overseas Petroleum (COPL) has now gone ahead. Death spiral provider Anavio is not investing it is merely putting up some cash to allow it to forward sell and convert as much of its outstanding convertible loan notes as possible before Canadian goes bust. Lucian Miers says, do the maths….
596 days ago
As I write, technically insolvent Vast Resources (VAST) has seen its shares surge by 21% to 14.25p on news that it has completed the Aprelevka gold mines deal. It is yet another spoof and here is why.
597 days ago
A few weeks ago I went out for a few drinks with a couple of pals including “Chemtrails Dave” who has one or two odd views. I am prepared to accept that Michelle Obama is a man and that the Clinton crime family have all of their critics and whistleblowers suicided but after a couple of pints we got on to the 1969 moon landings and Chemtrails said “anyone who thinks they actually happened is mad.” But they did happen didn’t they? Said I. At which point he laughed. When I got home I asked “but the did happen didn’t they?” And I was reassured. Of course they did. And that brings us to Canadian Overseas Petroleum (COPL) shares in which were up by 50% at one point this morning.
602 days ago
Devout Christian Matt Lofgran always likes to say that he rescued Nostra Terra Oil & Gas (NTOG) when he took over in 2009. It was as if Jesus had saved the disciples as the storm raged on the sea of Galilee where their boat was sailing (Mark 4, 3-41). But the reality is that anyone who bought the shares when the great rescuer took over as CEO has now lost 99.8% of their money while Lofgran has made millions in remuneration. You have to pay for talent don’t you? Would it not have been better just to put the company into administration in 2009, to have avoided numerous bailout placings more good money going after bad?
602 days ago
Over the past three days, newly appointed executive director Mike Edwards has bought 8 million shares in Cellular Goods (CBX). His name is the contact on RNS he is calling the shots. Today he has announced a, laughable change of name and strategy. Just how on earth can this not be insider dealing. Do not tell me that this was all dreamt up yesterday afternoon, Edwards traded on specific price sensitive information.
602 days ago
Yesterday, I looked at the shock return of Mike Edwards to Cellular Goods (CBX) as a NED. Today Cellular shares have jumped by 17% as it was announced that Edwards had bought 5.5 million shares at 0.325p. Boy the morons loved that. But hang on Henry…
603 days ago
You just could not make this up. Mike Edwards and his business partner Jon Bixby owned 31% of Cellular Goods (CBX) at the time of its 5p IPO. Their vehicle Durban Holdings paid just 0.1p for nearly all of its stock and as the shares were David Beckham/disgraced Daily Mail pumped they started sell. Indeed they sold all their shares. Lovely jubbly for them.
603 days ago
Sparty1 seems unaware that I have sold my last two businesses at a BIG profit including that pizza restaurant that I turned around. Or, that numerous crooks have sent me lawyers letters to shut me down including at least 1 now in prison (Pete Landau). Anyhow he reckons he will grow rich with his shares in the fraud Supply@ME Capital (SYME). Whatever. Over on the ADVFN asylum he posts:
605 days ago
In today’s RNS, the fraud Supply@ME Capital (SYME) has announced that it had secured funding for a “White-Label IM agreement: funding secured with Banco BPM S.p.A to execute an initial IM transaction”. The morons are delighted and the shares are up by 11% at 0.077p giving a £49 million market cap. The morons need to visit an Otolaryngologist PDQ as, if you scratch away beneath the surface this stinks.
606 days ago
The FCA is , no sniggering at the back, meant to regulate the Standard List of London’s Main Market. In August 2023 it approved the IFRS non compliant and grossly misleading prospectus of the fraud Regtech Open (RTOP). I have written it a note about the latest developments. Its failure to force a statement and/or suspend the shares is a disgrace.
616 days ago
The morons really have not done their maths. Bidstack (BIDS) may have settled its dispute with Azerion and will be getting 3 million Euro (£2.6 million) but it is still utterly fecked. A 153% share spike today is a selling opportunity for any cross dressing IT consultants still owning the shares. Let me explain.
620 days ago
Amaroq Minerals (AMRQ) has announced “significantly expanded prospectivity of its 100% owned Nanoq gold project” and “successful completion of ~10,000 line kilometres of geophysics, with all results now received for detailed interpretation”, and the shares have ticked higher to 63p.
621 days ago
As a long term bear of Alien Metals (UFO) I have flagged up numerous undeclared related party and other sordid deals. This company has always been drowning in red flags and is the sort of shite AIM could do without. Now for some maths.
621 days ago
Seriously this is worthy of April Fool’s Day. Rod McIlree was the promoter who pumped BlueJay Mining (JAY) shares hard on the back of the Dundas project in Greenland. Subsequent to his departure a new team admitted that all the money had gone and that the Dundas numbers pushed by Rod were all wrong and it was worthless. And so with the company running on vapours….
621 days ago
And to think that Canadian Overseas Petroleum (COPL) founder Arthur Millholland said that I was a “snake oil salesman” and did not understand accounts. As the Fat Lady now books a ticket to gig with Arthur in the socialist hell hole of Canada, the shares have collapsed again, to just 0.4p. They were 25p when I first started exposing this crock 20 months ago prompting that misleading RNS response from Art. The shares should be suspended now as Canadian is now totally screwed. It is a zero.
621 days ago
Following yesterday’s latest calamity at Canadian Overseas Petroleum (COPL) there are still some deluded souls buying the shares at 0.7p in the misguided belief that there will be a takeover. The gaps in the logic of such folks are big enough to drive a bus through. Here’s why.
621 days ago
I think we can now safely say that Tingo (US:TIO) shares are zeros. I was the first to flag up this as a fraud in September 2022 and for my troubles have received industrial scale trolling on twitter in a campaign orchestrated by Chris Cleverly. Well fuck you Chris you criminal dirtbag may your soul burn in hell: the SEC has today charged your man Dozy Mmobousi who was going to buy Sheffield United, with fraud. Dozy is accused of making millions via share sales and general corporate theft. Maybe Cleverly’s cousin James got him off the hook as Chris knew all about this. But so far only Dozy and Tingo Group plus two affiliate companies have been charged. The rap sheet from the SEC is below. An extra Metaxa for me tonight. Enjoy.
622 days ago
On 6th April 2022 shares in Canadian Overseas Petroleum (COPL) were more than 20p and I had recently opened my assault arguing that, at 25p the shares were a compelling short. Today, after the latest disaster analysed HERE, they are just over 1p. But back then the man who created this investment disaster Arthur Millholland issued an RNS with a direct smear on me (suggesting I was short and did not understand accounts) and an implicit attack on ShareProphets. Morally bankrupt PR firm Yellow Jersey crafted this poison.
624 days ago
I start with the snake yesterday and a clarification, then it is onto Dispensa (DISP), Vast Resources (VAST), BjueJay Mining (JAY) – surely another bailout placing ahoy but at what price? – Microsaic (MSYS), Power Metal Resources (POW), Teather’s Financial and Flip Flop Ben Turney, and in real detail musicMagpie (MMAG) and why today’s statement does not address the real issue, making the shares a slam dunk sell.
624 days ago
For months and months we morons who own shares in Red Rock Resources (RRR) have been told by our esteemed leader Andrew Bell that the sum of somewhere in the region of $7.5million was on its way from the DRC. The cheque is in the post. Except it’s not a cheque and it has not been posted.
624 days ago
Just the other day I posted more proof positive that Tingo (US:TIO) the company created by Chris Cleverly, the first cousin of our esteemed home secretary, was and is a complete and utter fraud. If Chris is not too busy being nominated for ESG awards in Africa (I kid you not, as you can see HERE), maybe he might want to update mug punters on the ongoing suspension of the shares.
624 days ago
I warned about this crock at the time of its 145p per share November 2021 IPO but naturally fat cat fund managers knew far better and piled in. Today the shares are 26.85p after truly piss poor results. Is it any surprise that folks are reluctant to buy its range of highly expensive kitchenware items in the current climate? There is no real USP of this business and the numbers make that clear.
624 days ago
Westminster Group (WSG) shares have plunged by well over 90% since Sir Tony Baldry of 3DM infamy became chairman in 2017. And now the cures of Baldry strikes again with a tacit admission of Westminster’s growing cash crisis. First up though, Westminster is changing its year end. How convenient just 18 days ahead of the year end.
630 days ago
We have long been bearish about carpets and floorings roll up (geddit?) Victoria (VCP). But it has not always been an easy short. 8 investors have held 80% of the stock and there have been painful bear squeezes. But after recent interims the shares are at near multi year lows at 255p, a market cap of £300 million. And one can now track a descent to zero.
630 days ago
Since I last wrote about Iconic (ICON) it has had a further two convertible loan note conversions, one from Toxic Dave Sefton’s Linton Capital and one from European High Growth Opportunities Securitization Fund. Iconic now has 10.3 million shares in issue up from 4.7 million that remained after its 10,000 for 1 share consolidation on 25 August 2023.
630 days ago
Catenae (CTEA) is a great example of a pointless AIM company. When it was called Milestone Group it racked up continual losses which have continued under the Catenae name. It had a brief spike in its share price during the COVID era as the usual suspects ramped its shares on the basis that Catenae had blockchain technology which might be valuable but of course it wasn’t because who wants to use software from a tiny subscale loss making group to monitor a national population’s vaccine status.
632 days ago
One of the golden rules of AIM shares is never to own shares in a company associated with slug like ex Tory MP Tony Baldry. It always ends in tears for investors while Baldry troughs it. When Fat Sir Tone became chairman of Westminster Group (WSG) in the summer of 2017 the shares were 16p. Today they are 1.275p, giving a market cap of £4.4 million. But could things be about to get even worse?
632 days ago
OptiBiotix Health (OPTI) has announced it has appointed Graham Myers as part-time Finance Director “to support the focus on driving each business unit and the group to profitability”. With it also added that “the appointment reflects the progress we have made in 2023 after a difficult 2022”, we look for the prospective trading news to boost the shares from a current 26.25p, below £24 million market capitalisation. Having an FD is part of growing up as a company and we welcome this big time.
633 days ago
I say this with the greatest respect to good friends at Nomad Allenby but in the scandal of the fraud Tintra (TNT), the AIM Company of the year 2022, they have behaved in the most shameful manner. I really do not know how they can sleep at night. At 11.02 AM today Allenby quit as Nomad and broker leaving the shares suspended. That came 2 hours after Tintra published a circular (for which Allenby will have earned a fat fee preparing).
634 days ago
What on earth is the regulator doing in not kicking this insolvent ponzi off the UK Standard List? Today, Supply@ME Capital (SYME) has served up more jam tomorrow and an update on its funding crisis. Stevie Wonder can see that the shares are completely worthless but out there in Bulletin Board land some folks think they know better. Plus ca change.
634 days ago
Do not let the friends of Clem Chambers spin this as good news. The esteemed firm of Beaumont Cornish, London’s worst Nomad, has today parted company with Online Blockchain (OBC) with immediate effect. Online’s shares have been suspended and if a replacement Nomad (and broker) cannot be found within a month the shares will be slung off the AIM sewer.
644 days ago
I am a bit of a Chill Brands (CHLL) groupie and have been ever since it was Zoetic (ZOE). That does not make me a fan. I published a massive bear dossier when the shares were 76p and, despite my colleagues, a friend and me facing active harassment from a paid thug, have been bearish ever since. The shares are now 3.45p. Yesterday afternoon something really weird happened.
644 days ago
At no-one is watching O’clock last night, what my friend Comrade Stacey termed a “jolly green giant” in one of his numerous articles loving up Ceres Power (CWR), served up yet another lack of revenues warning. Shares in this company were £13.36 on April Fool’s day 2021. They are now just 161p off another 14% today. Ouch
644 days ago
I still think Skinbiotherapeutics (SBTX) shares are cheap after results which were snuck out after hours yesterday. However, I want to flag up that for a company with sales lower than that of my local CO-OP and which spunked c£3 million in each of the last two years, the boardroom pay is obscene and just cannot be justified. The worst offender is the Sus barbatus himself, CEO Stuart Ashman.
644 days ago
After hours yesterday came the news of another casualty on AIM – the world’s most successful growth market. Real Good Foods (RGD) is going to be calling in the administrators and shares have been suspended this morning. 125 years of trading history is going up in smoke.
646 days ago
646 days ago
Acquisitions to drive growth. Placings to fund losses. And yet more losses. The clues are there and, as young Steve Moore has warned you frequently, Crossword (CCS) is a share you really don’t need to own. 14 months ago there was a fund raise at 21.7p. Today after the latest warning the shares are just 8.5p. Ouch.
646 days ago
Oh dear. Oh dear. Do you remember when the brown envelope man Zak Mir and penny share promoter Dave Lenigas debated whether Valereum Blockchain (VLRM) shares were worth 100p or 200p as they ramped ahead of a placing? Valereum now, finally, admits that the reason it could not buy the joke Gibraltar Stock Exchange is that it could not raise enough cash to satisfy regulators at the GFSC. That deal is off, the shares are unsuspended and have fallen to just 2p and the new board is now going after former boss Richard Poulden
648 days ago
I guess that while Stuart Ashman might have taken me off his Christmas card list after my recent bearcast on Skinbiotherapeutics (SBTX), Steve O’Hara at Optibiotix (OPTI) seems to agree with my analysis. We have swapped emails this morning after the publication of a TR1.
648 days ago
Tobacco and related ‘next generation products’ company Imperial Brands (IMB) has announced results for its year ended 30th September 2023 emphasising “stronger, more sustainable operational and financial outcomes” and “enhanced shareholder returns with 4.0% dividend increase as well as a 10% increase in share buybacks”. What of this having currently helped the shares up to above 1800p?
648 days ago
Amazingly after all of this, shares in the late night bars chain NightCap (NGHT) run by narcissist Dragon’s Den “star” Sarah Willingham, are up today, by 0.25p at 6.25p. There is nowt as queer as folks.
652 days ago
The bears are at last seeing vindication, shares in carpets rollup Victoria (VCP) are plunging and this is only the start of the downfall of its colourful boss Geoff Wilding. Let’s start with the rat.
652 days ago
On September 5 2023 I took Andrew Monk of VSA Capital (VSA) to task for trying to ramp shares in Invinity Energy (IES) on an all expenses paid jolly visiting Canadian fund managers. The shares were then 49p. I do hope that you followed my bear call as, despite Monkey’s wretched protestations, I was bang on the money. The shares are now 28.5p and falling rapidly.
653 days ago
Any shareholder in a company linked to career fraudster Chris Cleverly of Tingo (US:TIO) infamy, aka the first cousin of our esteemed Home Secretary, is bonkers. And thus I have repeatedly warned folks about Technology Minerals (TM1). It now seems that some of the cultists, who gather on a closed Telegram group to discuss what a complete bastard and ignoramus I am, how Chris Cleverly’s farts smell of roses and and how they will all get rich, seem to be getting restless. One has written to chairman Martin Brundle making rather damaging allegations. Thanks to Winnileaks, I bring you the letter below. Suffice to say, anyone holding the shares, at 1p, is certifiable.
653 days ago
SkinBioTherapeutics (SBTX) has announced a placing and “retail offer” at 19p per share to raise, respectively, a minimum of £3 million and up to £0.25 million, with CEO Stuart Ashman stating this is needed “to help with the current commercialisation and development strategy of AxisBiotix in skin health, with our latest venture beginning in acne, as well as providing a stronger financial base to support our strategic partnering discussions around three of our other business pillars. The funding will also support us with working capital and strengthen our balance sheet”. Tom Winnifrith has applied for shares in the offer and we suggest you do too BUT Ashman is talking bollocks and we will be slashing our target price from 150p.
653 days ago
I know Tern (TERN) is running on vapours. You know it and Mr. Market knows it. And as such all that tern can do is issue a wholly meaningless update on its portfolio and hope that the fuckwits who invest in AIM dross buy the shares, pushing them higher and so allowing one last deeply discounted placing to get away, giving it a few more months to limp on. Today’s statement ended with an implausible claim about boss Al Sisto.
653 days ago
After the SEC suspended trading in the shares of the fraud Tingo (US:TIO) last week for at least a fortnight, Tingo filed a notice saying that it would not be filing its made up Q3 numbers with the SEC. It has now filed the numbers but they come with a big caveat:
655 days ago
In Friday’s RNS Toxic Dave Sefton’s Linton Capital announced it had converted a further £10,000 of convertible loan note into Iconic (ICON) shares on 16 November, a week after his first conversion on 9 November.
655 days ago
Iron castings and machining company Castings plc (CGS) has announced results for its half-year ended 30th September 2023 and an outlook “marginally ahead of market expectations”. What of the shares further higher in response?
655 days ago
Shares in Aquis listed Valereum (VLRM) remain suspended on the Aquis lobster pot at just 3.85p. Founder Richard Poulden has scuttled away and the former rampers in chief David Lenigas and brown envelope man Zak Mir who told us the shares would hit either 100p or 200p have gone strangely silent. The company is technically insolvent. Today another body blow…
659 days ago
Tintra (TNT) shareholders are currently awaiting developments in the proposed development of LRB 35 Limited’s proposal to make a tender offer to purchase up to 29.9% of the issued share capital of Tintra Plc at 150 pence per share. Mr Market doesn’t think is going to happen given Tintra’s shares are currently at a mid price of 75 pence per share.
660 days ago
The first cousin of the Home secretary, the serial fraudster Chris, has a history of UK stockmarket fraud, exposed by this website, but his company Tingo (US:TIO) is a Nasdaq listed con which was once a multi billion dollar scam. Today the regulators at the SEC have moved into suspend trading in the shares and the associated document, below, is damning. It will be ouzo tonight for me as I first flagged up this scam in September 2022, for the Cleverly family its not such a good day.
664 days ago
In today’s RNS, Iconic (ICON) announced that it was notified that Linton Capital LLP which is owned by Toxic Dave Sefton who caused so much historic damage to Iconic shareholders converted £5,000 of his £750,000 convertible loans notes into 108,849 ordinary shares an effective conversion price of 4.6 pence per share versus the current ask price of 6.0 pence. The conversion didn’t raise any cash for Iconic it just reduced its convertible loan note liability.
664 days ago
Shorter Tim Kempster says that by his sums Harland & Wolff (HARL) runs out of money either in December or early January. My analysis on this website has been permanently bearish and I agree with Tim. And in that vein I see that the shares are weaker today, at 13.5p having been pumped in recent weeks by ramptastic announcements. I also see that…
665 days ago
The ramping continues with news that Chill Brands (CHLL) is to plug its nicotine free vapes via a wholesaler website. With almost zero brand awareness it is hard to see many small independent stores placing orders via this channel but in the absence of any positive financials to ramp the shares ahead of the next bailout placing any news will do. But it is what it is NOT saying that matters.
667 days ago
A reader takes me to task for failing to comment on the annual report of Vox Markets, the company that takes payments from shite companies to pump their worthless shares, often using the services of Justin the Clown. The annual report covers an extended 16 month period to 31 December 2022 and came out on September 26. I can but apologise for not picking up on this earlier.
667 days ago
To that poltroon who said that I called Versarien (VRS) brilliantly in the era of disgraced Neill Ricketts but had not appreciated the ”turnaround strategy” I say “feck you, yet again it is ouzo on cornflakes time at Sheriff Towers”. Today, as predicted, comes the latest bailout placing raising a paltry £454,822, before expenses at a price of 0.275 pence per share. The net proceeds will be, I predict, little over £400,000 and will all be gone by St Valentine’s Day.
668 days ago
On 6 October Vast Resources (VAST) raised £1.8 million at just 0.195p and made the very bold statement that “based on current strategy and updated expectations the Company does not believe it will need to raise further equity funding for the foreseeable future.” Exactly one month later the shares have plunged to 0.145p and today comes news which makes that statement look, at best, highly questionable.
668 days ago
Many folks have not liked what I have written about the Russia Ukraine war but it looks very much as if my prediction on its outcome is coming true and I assess what that means for shares and oil. Then to the Hamas Israel war and I make a couple of calls on how that will go and what that means for gold, oil and Israeli shares. Then onto Malcolm on ethical investing and why he is wrong to ignore bottom up analysis as he hops on another bandwagon.
668 days ago
In my recent article “BREAKING: Helios Underwriting – why its AIM shares should be suspended NOW after howling schoolboy accounting blunder” I explained why Helios (HUW), which underwrites insurance at Lloyd’s of London, had a major issue. The issue was that it had prepared its accounts for the six months ended 30 June 2023 under UK GAAP as opposed to IFRS as required by the AIM listing rule paragraph 19. Helios explained the reasons for this as follows:
668 days ago
Ms. Lavington is quoted in the ghastly Mail on Sunday as saying “Our share price is the same as when we turned over £1 million – except now we’re turning over £40 million. It’s frustrating.”. Where to start? It must be rather worrying for those still owning these shares that she has such an appalling grasp of how markets work. It is enough to turn a man to drink.
669 days ago
Shares in Nightcap (NGHT) the bars chain being run into the ground by Dragon’s Den star Sarah Willingham are sliding again to a new all time low of just 5.75p. Almost certainly the company’s trading so far this financial year (starting July 3) has been below forecast and so in not ‘fessing to that I believe it has breached AIM Rules 10 and 11. I have written to the Oxymorons at AIM Regulation, demanding that they force a ‘fess up RNS.
669 days ago
Eurasia Mining (EUA) boss Christian Schaffalitzky exercised options over 6million shares at 0.42p. Those options would have lapsed today. There is nothing wrong with that is there. Surely there is!
669 days ago
That noise is two Christmas puddings which I am steaming. It being almost 2024 is relevant to shares as I discuss. I look at Genflow Biosciences (GENF) – target 0p – MGC Pharmaceuticals (MXC) – target 0p, Versarien (VRS) – target 0.1p first stop after a placing before Advent at that level, then 0p next year – Deepverge (DVRG) – target 0p – Global Petroleum (GBP) – target 0p – and Trainline(TRN) – target more than 0p but lower than today’s 288p.
672 days ago
I first published a red flag dossier on MGC Pharmaceuticals (MXC) when the shares were 2.25p on 11 January 2022. The last time I wrote they were 0.055p on September 26 2023 as the company announced a bailout placing and 1000 for 1 share consolidation. That consolidation kicked in today and, ceteris paribus the shares should have been 55p. But instead, having risen since September, they have collapsed by 75% to just 15p.
672 days ago
I have written a letter to the regulator of the Standard List, that is to say the FCA, suggesting that it apply its own rules and suspend shares in Upland Resources (UPL) with immediate effect.
676 days ago
It is only 18 months since Vast Resources (VAST) did a 100 for 1 share consolidation telling its thick as pigshit shareholders that this was to allow it to pay dividends. Of course, there was zero chance of that it was all about being able to issue more shares at above par. Since that consolidation which took the shares from 0.1p to 10p the shares have fallen by 98.5% to just 0.155p. And prior to that consolidation the shares had already fallen by more than 99% since IPO. This is a company that funds a gravy train for managers and advisers and screws shareholders. Today there is more bad news.
676 days ago
Upland Resources (UPL) shares will collapse on Monday after the shocking after hours admission that its supposed bid approach was in fact a complete scam, as discussed in bearcast earlier HERE. As I am 100% vindicated and enjoy another celebratory ouzo, bmwman has identified the real culprits in what is a crime. I despair. The moron posts
676 days ago
I was on a road trip yesterday so only noticed the after hours ‘fess up late in the evening. Upland’s shares will be destroyed, it is a complete vindication of my coverage and some folks should be going to jail if the FCA, regulator of the Standard List, launches a criminal enquiry as it must do. Upland Resources (UPL) management are – at best – guilty of criminal naivete and negligence, To show that they are not part of a criminal conspiracy, perhaps involving the tweet below, they should be demanding an FCA enquiry – I hope you followed my short advice as these shares will, as I predicted, collapse like a failed souffle on Monday.
676 days ago
On 13 October 2014 I wrote a piece: “Peter Hill (MA Oxon) of Global Petroleum – a case study in AIM casino piggery”. Global (GBP) shares were then 3.5p down from 12p three years prior when Hill took over. Hill has trousered millions since then and the shares are now just 0.0675p and that could well be 0.0675p too high for there is a horrible warning today.
676 days ago
I start with a note on the Hamas lovers at Lancaster University then spend 97% of the podcast on shares: Argentex (AGFX), Ironveld (IRON), Caracal Gold (GCAT), Upland Resources (UPL), EventBrite (US:EB) and in some detail Roquefort Therapeutics (ROQ) which should be a zero.
676 days ago
Check out Riley Gaines. She is a brave young lady who scrubs up well and who swam against the sort of Lady who has a penis, a “Ms” Lia Thomas. When Ms Thomas competed as a man she was nowhere but as a woman she won numerous contests. Riley and was cheated out of medals in US collegiate championships as a result. But Riley is brave and despite horrific threats, including death threats, from trans activists has launch a high profile campaign to keep women’s sport fair, that is to say not for women with penises. Riley is not anti trans she just wants sport to be fair.
679 days ago
Some folks think that the main business of Canadian Overseas Petroleum (COPL) is producing oil. No really they do, I kid you not! You and I know that its main business is issuing lorry loads of shares to dilute holders as much as possible. And thus today….
679 days ago
Regtech Open (RTOP) is in my view a plain fraud. Listed at 100p on August 25 its shares at peak ramp were 314p within weeks. They are now 11.5p. A peak market cap of £188 million is now less than £7 million and it may well be insolvent. Companies owned by Alessandro Zamboni of the fraud Supply@ME Capital (SYME) infamy were meant to provide loans of £2.5 million by early September but he could not dump enough stock so did not. Revised payments in 4 equal instalments totalling £2.063 million were meant to complete yesterday. Have they?
680 days ago
Yesterday’s shock warning from CAB Payments (CABP) which listed only a few months ago in July leaves its shares, at 54p, languishing as the worst performing IPO of the year. But could the big banks who floated it or the fund managers who lapped up the shares have spotted any red flags? Er…yes
680 days ago
Oh dear, oh dear. Life was so much easier for Andrew Monk when he was getting a lower second in name dropping at Oriel College Oxford. Yesterday afternoon came grim news from Caracal Gold (GCAT): PKF LittleJohn will not be signing off on it annual accounts on time so the shares will be suspended on November 1. The real issue is why they are not suspended already “pending clarification.”
680 days ago
Oh dear, oh dear. Do you remember when the Sith Lord Zak Mir was being pushed brown envelopes to say these shares were heading to 200p while David Lenigas said they were going to 100p repeatedly on twitter? Or was it the other way round. Anyhow that pumping allowed Richard Poulden, assisted by spoofery from London’s new Lord Mayor to do a placing at 64p. I have repeatedly exposed the shenanigans and now vindication for me. Ouzo for the Sheriff no more brown envelopes for Mir.
687 days ago
Dragon’s Den star Sarah Willingham can run but she cannot hide. Consumer confidence is visibly waning, the train strikes continue and similar companies , consumer facing discretionary spend outfits, such as Mexican Tortilla (MEX) have already done the decent thing and ‘fessed that they are behind budget. Yet la Willingham who normally loves the sound of her own voice, is silent. But shares in Nightcap (NGHT) are sliding and, at 6.75p, are now at an all time low, almost 50% down on the last placing just a few months ago. I warn you this is looking almost terminal.
687 days ago
Just as Upland Resources (UPL) shares are pushed massively higher by its claim that it received a preliminary non binding bid approach at 14p per share which it has rejected, guess what?
693 days ago
On Friday afternoon and throughout the weekend folks from the Upland Resources (UPL) ramping community, a group almost as pointless as Queers for Palestine, were tweeting that Upland had received a 14p bid approach but was going to reject it as being too low. This morning Upland said that as a result of speculation it was forced to confirm this was all true. That the shares are just 6.25p tells you Mr. Market smells a rat. The FCA and the Takeover panel should be all over this and shorters should be adding to their short as fast as possible.
693 days ago
Normally when you boycott a company because of some woke nonsense some folks say “but what about the poor workers.” In the case of Starbucks it is not the company, although it has sinned on many an occasion, but on this occasion it is its workers who are revolting.
693 days ago
Still the FCA refuses to intervene in the scandalous fraud that is Regtech Open (RTOP). The FCA approved a prospectus and the shares listed at 100p on August 25. Within a couple of weeks they were 304p. Now they are 12.5p, a loss of 87.5% in less than two months from the IPO and 97% off the peak of a couple of weeks later.
695 days ago
I really do hope that in penning this piece I am not going to interrupt another feminazi lunch being attended by Celadon Pharmaceuticals (CEL) PR head honcho Ms. Sarah McLeod. For I fear that Ms McLeod needs to stop discussing the gender pay gap and ensure her client – a company I have oft warned is drowning in red flags – to issue a statement as its share price continues to tumble. Here’s why?
695 days ago
Since I last wrote about Iconic (ICON) it has undertaken a 10,000 for 1 share consolidation reducing its 46,996,580,000 shares into 4,699,658 ordinary shares of 10 pence nominal each on 25 August. But then…
696 days ago
I have written to the Financial Reporting Council today regarding the interims of the Standard listed cons Supply@ME Capital (SYME) and Regtech Open (RTOP). Both companies are, as I have demonstrated on this website, technically insolvent and if the FCA was not so utterly clueless and pointless it would be suspending the shares NOW! But pro tem, the issue is interims on 29th September.
696 days ago
You can bet the ranch that the $4 million that Canadian Overseas Petroleum (COPL) recently raised from its death spiral prover Anavio has all gone: either to escrow accounts with its senior debt provider or to clear unpaid bills or both. the fact that it has admitted that it will be paying other suppliers in shares in the coming weeks shows that it is running on vapours. And another sign is in the screenshots below. If you try to download documents from its website you see that you cannot because Canadian has not paid its Russian hosts. More red flags vicar?
696 days ago
Some chump who is a long term bull of Versarien (VRS) recently wrote that while I might just have called this stock right in the era of Neill Ricketts the jury was out as to whether I was right being bearish about the new regime. Since then, in just a couple of weeks, the shares have halved to just 0.5p to sell. And it has to get worse for on October 30th a GM will approve a capital reorganisation reducing par from 1p to 0.1p and, as the company is running on vapours, this will prompt yet another bailout placing PDQ.
697 days ago
I start by noting that it is world Jihad day according to Hamas. But the BBC insists that Hamas are not terrorists. Whatever. I then discuss Upland Resources (UPL) and its cretinous shareholders, Regtech Open (RTOP) – surely the FCA must swoop as the shares plunge again – St James Place (STJ) and finally Canadian Overseas Petroleum (LIARS).
697 days ago
Tingo (US:TIO) was ordered to pay out $16.5 million in shares to a group of US investors. It did not and now, as you can see below, its in court on contempt of court judges and the Judge is giving an explicit warning.
697 days ago
Jubilee Metals (JLP) has announced results for its year ended 30th June 2023 and that “new processing partnerships announced in the year are expected to significantly enhance margins and processing capacities”. So what of the shares from a current lowly around 6p?
698 days ago
As I predicted it would, Versarien (VRS) has today called a GM to approve a capital re-organization which will see the par value of its shares slashed from1p to 0.1p. This is a precursor to yet another bailout placing at far closer to 0p than to 1p.
698 days ago
The prospects for three public companies being Supply@ME Capital (SYME), Regtech Open (RTOP) and Eight Capital Partners (ECP) are intrinsically linked to the financial strength of AvantGarde,TAG, the private Italian company owned by Alessandro Zamboni, Supply’s CEO and a NED at Regtech. This is because both Supply and Regtech are reliant on TAG for their working capital and the majority of Eight’s net assets are represented by a loan on Supply’s shares with additional guarantees provided by TAG.
699 days ago
Yes I refer to this one. Outside the paywall it will not earn me a cent but if it effects change, that is to say forcing Lush not to side with the Jew haters at a time like this, then that is what I became a journalist to do. It is pleasing to see my story now appearing today in the MSM, my job on this one is done. On the podcast I look at Avacta (AVCT) – statement needed – Regtech Open (RTOP) – ditto – Upland Resources (UPL) – ditto - Eneraqua (ETP) and in detail at Amaroq (AMRQ) where i averaged up a few weeks ago and see the shares doubling from here.
699 days ago
Gosh this is desperate. Cellular Goods (CBX) the CBD cum seaweed to net zero related party con, backed by David Beckham, is running on vapours and so to try to spoof its shares higher to allow another placing it has released the most pathetic of announcements. This is so wretched it is almost embarrassing
699 days ago
The old scouse scallywag was in fine form. I make no secret of strongly disapproving of a couple of his business associates but Doc seems almost plausible on the matter of ECR Minerals (ECR). My stockbroker is instructed to have me shot if I try to buy shares in a non dividend payer but there is, I suppose, a case here for having a small dabble ahead of Doc’s share issuance target day. Forgive a brief phone interruption, enjoy.
700 days ago
There is a TR1 today showing that the big volumes in Kefi Gold & Copper (KEFI) shares last week were down to RAB Capital selling its holding onto private investors encouraged by the good news out of Ethiopia. So much for those who insisted THEY KNEW what was happening was a placing. So what to make of this?
700 days ago
It is a start for Chill Brands (CHLL) with its rollout of non-nicotine vapes. But so far the numbers really do not look very impressive. Not that those ramping the shares ahead of the next placing care about that.
701 days ago
I start with events in Israel and videos now emerging which will surely have all decent folks standing with Israel and admitting that the two sides are not morally equivalent. Then onto Malcolm’s latest lunacy, Kefi (KEFI) vs Ariana (AAU) why its apples and pears and the Regtech (RTOP) scandal. Now we can see that its insolvent surely its shares and those of the fraud Supply@ME Capital (SYME) must be suspended on Monday.
701 days ago
Actually, I think this may be more than a spoof it may be actual market deception but who really cares, with the shysters at Canadian Overseas Petroleum (COPL). The shares are heading only one way, like the geese flying over my farm this afternoon, it is due South.
701 days ago
I have written to the FCA which on August 25 approved an IFRS non compliant joke prospectus full of red flags allowing the con Regtech Open Project (RTOP) to list on the Standard list. Now there is clear evidence that should see the regulator suspending trading in the shares and demanding a series of bank statements and details of share trades.
701 days ago
So has Regtech Open (RTOP) received the funding due by close of play on Wednesday or not. If it has it should have announced it just to reassure investors if it has not it would be legally obliged to do so. But since Regtech and Alessandro Zamboni don’t give a FF abut the rules who knows? We all know what is going on here and the FCA’s failure to suspend the shares is a scandal.
705 days ago
I appear to have overlooked the fact that par value for shares in Versarien (VRS) is 1p. That means that new shares cannot be issued at below that whatever the company says about being able to issue equity. As of today, after the most recent dismal warning, the bid is…1p. Clearly any placing would have to be at a massive discount so what gives?
705 days ago
As Tern (TERN) shareholders decide whether or not they will support the proposed issue of 37.5 million new shares as approved at the General Meeting which, at say 5 pence per share (a modest discount to closing mid-price of 5.75 pence per share), would raise £1.875 million before expenses perhaps investors should consider the recent performance of the major investments.
705 days ago
I am crowing here. I know a bit about how restaurants work and have long warned that this September 2021 181p a share IPO is a car crash waiting to happen. After today’s warning the shares are 66p but I take a deep dive into its accounts and what the company is ignoring but you should not. I also reference Nightcap (NGHT) in this podcast.
705 days ago
I am back with these bonus video shows, this is number 33. In this show I interview two CEOs: Eldur Olafsson of Amaroq Minerals (AMRQ) and ‘arry Adams of Kefi Gold & Copper (KEFI). I own shares in both, indeed buying more Amaroq this week. Both CEOs impressed me greatly and I am excited about my holdings. I hope that you enjoy the show.
You can access it for £1.49 HERE
723 days ago
Oh dear, oh dear. Its more bad news for we loyal – or in my case unwitting – shareholders in VSA Capital ( Very Sexy Andrew) run by the egomaniac graduate of Oriel College Oxford (lower second in name dropping), Mr Andrew Monk. More than a third of our balance sheet is now tied up in shares which are now suspended for a reason that just does not wash. Oh dear, oh dear.
723 days ago
I start with my video feed, Peter Brailey IT genius (not) and my cat. Then it is Kefi Gold & Copper (KEFI), Caracal Gold (GCAT), Bidstack (BIDS) and a real ouzo moment, Regtech Open (FRAUD) and Supply@ME Capital (FRUAD), Cavendish Finance (CAV), Vast Resources (VAST), Zephyr Energy (ZPHR), Nanosynth (NNN), Tintra (TNT), Olaf’s b/f the trainspotter and Ben’s Creek (BEN). For various other reasons I am in a bad mood and my language reflects this. Matthew’s dog and Catriona will love this podcast.
737 days ago
The ex ShareSoc supremo, succeeding he who shall not be named, was, you may remember, a big fan of this stock at c5p insisting that it was not going to have to issue shares again on the basis of a research report by the esteemed house of Goldman Sachs, ooops I meant Turner Pope. Well quelle fecking surprise….
737 days ago
Its shares are suspended pending clarification but over at AIM listed Scotgold (SGZ), the worthless company promoted by BBC lies, things go from bad to worse and shareholders should brace themselves for a wipeout soon.
737 days ago
Helios (HUW) is an AIM company but for today’s howling schoolboy accounting errors its shares should be suspended at once. Let me explain.
739 days ago
Shares in MGC Pharmceuticals (MXC) were 2.25p valuing the crock at £70 million when I published my first explosive dossier HERE just 20 months ago. Of course folks like broker Turner Pope, evil PR Spinners IFC Advisory (not having a good day are we chaps?) and the bulletin board morons knew better than silly old TW. I’ve kept on exposing this all the way down and today the shares are down by almost 50% on the session at just 0.055p after more disastrous news.
739 days ago
Now I really am ashamed to be the unwitting owner of £120 worth of shares in VSA Capital (Very Sexy Andrew), the broker and financial adviser run by egomaniac Andrew Monk, a man – as he mentions daily – educated at Oriel College Oxford. In November of last year VSA racked up a big corporate fee getting an Aquis dual listing for New Zealand listed coffee chain Cooks Coffee (COOK). Cook’s was – as I showed here – insolvent at the time and VSA’s forecasts to get the IPO away were a disgrace.
744 days ago
However Lyin’ Steve Sanderson, the grossly overpaid chairman and CEO of UK Oil & Gas (UKOG) tries to spin it, today’s news from its piss poor Turkish operations screams out “when’s the next bailout placing suckers?” At least owners of this stock are used to it. Thanks to the issue of gazillions of shares over the years guess what the losses are for those buying at the top in 2015?
748 days ago
Shares in Silverwood Brands (SLWD) valued at 100p a pop represented about a third of the year end balance sheet of Andrew Monk’s Aquis listed VSA Capital (VSA). Yesterday just £7500 worth of shares were sold by somebody at just 25p causing the mid price to halve from 60p to 30 and so slashing the market cap by 50% to £78 million. Frankly even that valuation is nutso. It gets murkier and murkier.
748 days ago
Small cap and spiv trader favourite broker Optiva has been stopped from taking on any new clients by the FCA and its existing clients are not allowed to pass new funds or assets to Optiva’s control. The mystery is why.
753 days ago
I am back with these bonus video shows, is this 31 or 32. What the heck: I reset the counter at 32. In this show I interview Kerim Sener of Ariana resources (AAU) and then give my analysis of why I am very happy to hold the shares. Then it is onto Chris Bailey on macroeconomics, the two financial bombshells facing the over 45s and blue chips to buy. I hope that you enjoy the show.
757 days ago
In today’s podcast I discuss forthcoming videos and look at Kefi Gold & Copper (KEFI), Amaroq (AMRQ), Seed Innovations (SEED), John Lewis, Regtech Open Platform (RTOP), Online Blockchain (OBC), ADVFN (AFN), and THG (THG) run by that prick Matt Moulding which is surely still a short even at 70p.
757 days ago
Another set of results comes out from the sheep shagging chip makers at IQE (IQE) and as usual the numbers are piss poor, more cash has been burned and there is warning about current trading. The shares are just 16.4p, having been 174p just under six years ago when folks like Paul Scott and our own Malcolm Stacey were frothing so excitedly about them as I warned and warned again.
757 days ago
Oh dear, oh dear, as the disgraced tipster Mike Walters would always say as yet another of his recommendations went horribly Pete Tong. I have warned and warned about Scotgold (SGZ) for eons, publishing leaked internal emails which showed how parlous its financial position was, something the company tried to brush off with dissembling releases. Well, today, I hear that the Fat Lady is in a taxi to Kings Cross and preparing to head north… the shares have been suspended.
759 days ago
‘arry Adams has dropped me an email abut the progress made last week. He says:
759 days ago
I only ask because the insolvent Standard Listed dog PennPetro (PPP) run by Big Dave Lenigas had its shares suspended on August 1 as it could not get its accounts on time. Back then, Big Dave said this was a “short delay”. It is now September 8.
760 days ago
Its shares are still suspended as it still cannot get out its annual report despite hiring a mickey mouse firm. But yesterday, Tintra served up some positive news, a possible cash offer of 150 pence per share with a share alternative subject to due diligence and the finalisation and documentation of financing for the transaction.
760 days ago
I would like to apologise to Mr. Andrew Monk for suggesting that his claim that I was a shareholder in VSA Capital (VSA) was a vile smear. I have now tracked down the share registrars and it appears that a share certificate for 2,000 shares was indeed dispatched to a wholly out of date address. I am thus the owner of shares which might just be sold for a paltry £120.
760 days ago
Wood Group (WG.) was a tip last year at a 155p offer price – with we then noting we looked to repeat previous success of a more than 40%, less than 7 months, offer-to-bid gain. In April this year we banked more than 45%, little more than 9 months, gains at 226p. Following recent half-year results which emphasised “clear strategic progress, strong growth and increasing full year guidance”, though with the shares at a 156.7p offer price we consider this again a good time to Buy.
763 days ago
I have always thought that Oxford Nanopore (ONT) was massively overhyped and that its CEO Gordon Sanghera was a bit of a bullshitter, fawned upon on by the deadwood press. The company IPO’d just under two years ago at 425p – its shares now languish at 231p. Today we have half calendar year numbers from a company still capitalised at almost £2 billion and the smell of Sanghera bullshit is strong.
764 days ago
I am sorry to sound a bit like a football yob but West Ham’s storming start to the season brings out the worst in me. Especially when Malcolm’s oft loved up Blackbird (BIRD) has just served up such utterly piss poor interims. As ever with this “licensor, developer and seller of the market-leading cloud video editing platform” it is all jam tomorrow but cold cabbage water today. If Blackbird is the market leader God only knows how its less “successful” competitors survive.
764 days ago
John Barr founded Mosman Oil & Gas (MSMN) and, alongside Andy Carroll inflicted this abomination on the stockmarket. It was a great penny share pump and promote in the early days The shares are now 0.024p meaning that those who bought at peak ramp just over nine years ago have now lost just a smidgeon under 99.9% of their cash. Today Barr, the executive chairman, has announced he is off as is one long serving gopher, oops I meant NED, John Young.
765 days ago
I shall celebrate my tenth wedding anniversary today with an extra lunchtime ouzo for Verditek (VDTK), a company whose shares were almost 20p at peak Old Mother Walters ramp just two years ago has announced a bailout funding at just 0.45p. Told y’all!
765 days ago
The latest RNS from Tintra (TNT), – shares suspended – raises even more red flags. This is shocking stuff and why AIM regulation is not all over it is mind boggling. Tintra has fired its auditor.
765 days ago
Tingo (TIO) claims it has refuted the Hindenburg Research dossier compiled by Nate Anderson. Hindenburg has hit back today, citing our work and anyone owning these shares after this remains bonkers. Enjoy.
765 days ago
Shares in the AIM Company of the year 2022 remain suspended as it cannot get its accounts out on time. But still the news comes and it stinks. Tintra (TNT) has finally issued an update on its long awaited latest investment subscription at 1178p per share.
765 days ago
OptiBiotix Health (OPTI) has issued a “Commercial update” announcement, noting commercial progress of its first-generation products range and reiterating plans for each business unit to reach operational profitability by the end of this year. What of this with the shares currently responding up towards 30p?
773 days ago
Some folks seem to have fallen for today’s non news from Pantheon Resources (PANR) as it tried to push its shares higher ahead of the next bailout placing. As such, the ShareProphets RNS translation service wheels into action again.
773 days ago
Shares in Microsaic (MSYS) remain suspended on the AIM sewer as it cannot get its accounts out. But with the company now within weeks of having to call in an administrator, surely its repellent and disgraced boss Gerry Brandon owes the company’s owners a statement. Here is the problem. Following accounting fraud emerging with regard to revenue recognition while Brandon was in charge at Deepverge (DVRG) its shares have been suspended pending clarification and all its operations closed down. It now has just one employee but owes Microsaic c£1.3 million.
773 days ago
At last year’s Sharestock, that fellow from Boatman Capital patiently explained how Argo Blockchain (ARB) never had made money and never would make money whatever the bitcoin price. And that is why its shares have a fair value of £0. Of course, as bitcoin surged in the first half of this year some investors with PhDs in ignoring FACTS thought they knew better.
793 days ago
I am back with these bonus video shows and in this one my job is to play the sceptic though I own Red Rock Resources (RRR) shares – silly boy ! – and have 25% of my portfolio in gold & PGM shares. In this show I interview Andrew Bell of Red Rock Resources dissect that interview myself and then chat to Nigel Somerville before discussing the gold and PGM shares I own and why. I hope you enjoy the show.
793 days ago
I start with apologies and explanations on 2 Bearcasts appearing later than they should. Then onto Alien Metals (UFO), WH Ireland (WHI), Ashington Innovations (ASHI) and another bombshell due this weekend, BlueJay Mining (JAY) and finally Eurasia Mining (EUA) and Jubilee Metals (JLP)
794 days ago
Why anyone owns shares in the brazen fraud Tingo (US:TIO) masterminded by the Foreign Secretary’s cousin the serial villain Chris Cleverly defies belief. Those dumb enough to invest might care to consider an addendum to the risk factors at the bottom of the latest release, the one postponing Q2 numbers and SEC filings for a third time.
811 days ago
Ashington Innovations (ASHI) shares are suspended on the Standard List pending the proposed £135 million RTO of a company that is insolvent and mired in wrong-doing. The middle name of its sole director, the struck off dentist Ajan Rejinald is “scandal”. If the FCA allows this deal masterminded by, clearly morally bankrupt, SI Capital to go through it will be a massive stain on its reputation. However…
811 days ago
I guess if I had floated a business at a grossly inflated 500p share price less than three years ago, getting well paid brokers to overlook shocking corporate governance and a mad valuation I would be pissed off with bears who pointed this out and have coined it in as the shares have crashed to just 90p. Matt Moulding of THG (THG) cashed in to the tune of hundreds of millions of pounds in that September 2020 IPO and has no shame.
813 days ago
A day after Jason Drummond quit standard listed Ashington Innovations (ASHI), its shares have been suspended on the Standard List for an RTO which, even the FCA must surely block. The struck off dentist, the history of bogus deals and a valuation of £135 million for a company late with its filings and technically insolvent is surely just too much for the FCA to allow. I have already contacted a responsible fellow at broker SI to suggest that its rogue employee Jon Levinson who is masterminding a raise here has gone too far. The FCA is next up, when I get to the Greek Hovel and can work with a clear mind.
813 days ago
Hydrogen Utopia (HUI) likes the sort of media comment where – in return for brown envelopes – members of the NUJ say how cheap its shares are and agree to pie in the sky forecasts. Today, it has put out a statement, clearly referring to my article of yesterday. Ouch, get that handbag swinging Howie White. You are awful but … I like you. Hell’s teeth I don’t actually. Hydrogen states:
844 days ago
Yesterday Iconic (ICON) announced that it had issued its long-awaited Prospectus which resulted in a 40% spike in its share price as punters piled. The Prospectus was not instantly available but now that it is Iconic share price has already dropped back 18% at the time of writing this article.
850 days ago
Last week Caracal Gold (GCAT) gave an update for investors where, natch, it did not give us key metrics such as the (lack of ) cash position. It did, however update, us on the position re getting FCA approval for a prospectus which would allow it to issue gazillions more shares so diluting mug punters to buggery. “The company submitted the first draft of the prospectus to the FCA for approval on 18 April 2023. The company is working with its advisers to seek approval of the prospectus by the FCA and will update the market in due course.”
850 days ago
Platinum group metals producer from South Africa Sylvania Platinum (SLP) has issued its fourth quarterly report for its year ended 30th June 2023, noting its production exceeded forecasts and “strong cash reserves to allow funding of expansion and process optimisation capital and upgrading of the group’s exploration and evaluation assets with the potential to return value to shareholders”. So what of the shares currently around 70p in response?
851 days ago
A “TR-1” (shareholding) announcement on the holding of Optibiotix Health (OPTI) in SkinBioTherapeutics (SBTX). So what’s this news?
851 days ago
The blockchain to NFT to AI to whatever bandwagon is next entity run by ex ADVFN boss Clem Chambers with well remunerated help from his sons, that is Online Blockchain (OBC), must surely be running on vapours. Finally it seems that investors are waking up to the lifestyle joke that this is. Gone are the days when the shares were pumped by Clem’s pals allowing a placing at 100p. The shares are now just 13p.
851 days ago
The maths on this share tip from disgraced Mike Walters of the frauds Minmet, Polly Peck, 3DM, and the list goes on and on, infamy are clear. Verditek (VDTK) is – as of today running on vapours and unless it can get a bucket shop – deeply discounted – placing away, the shares should be suspended pending clarification. To recap for chairman, Tory Toff, Lord Willetts:
854 days ago
Welcome to newspeak. Well done evil spinners IFC Advisory (of Versarien infamy). War is peace. we have always been at war with Eastasia. MGC announces a share purchase plan. The Ministry of Truth is doing wonderful work. For MGC Pharmaceuticals (MXC) share purchase plan is in fact an offer to sell new shares to the mugs already on the shareholder roll. And the excuse?
854 days ago
David Lenigas has ramped the insolvent standard list company where he has seized control, PennPetro (PPP) on twitter with gay abandon as we have detailed here on a number of occasions. I hope those who ignored our numerous warnings of its technical insolvency, shit assets and Lenigas ramping lubed up, for today the shares have been suspended.
855 days ago
Following on from the first bombshell exposes in today’s results from Tintra (TNT) there is worse to come and anyone holding the shares really needs to lube up as this is quite shocking.
856 days ago
I start with a housekeeping announcement on the Probiotix video before turning to the woke economics lunacy that is Woman’s Hour. Then it is onto Chill Brands (CHLL), could it be another Dev Clever (DEV)?, Canadian Overseas Petroleum (COPL), Versarien (VRS) and finally Avacta (AVCT), is it trying to do another placing and the other reasons why its shares are such a strong sell.
858 days ago
The FCA should have suspended trading in the shares of Cineworld (CINE) weeks ago as I explained HERE but its crack team of regulators was too busy on the latest report into how the transgender pay gap in financial services is causing global warming to actually bother applying its own rules. But today the shares have been suspended. It is game over. They are officially worthless. Having called them as a sell at almost 200p that’s an ouzo on cornflakes moment for myself.
859 days ago
7p was the wrong price for shares in Optibiotix (OPTI). Anyone who has watched last Thursday’s video interview I did with Steve O’Hara HERE will agree. But what about 37.6p where they are now valuing the company at £33 million? Is that crazy? I write as a shareholder for more than 10 years!
859 days ago
Optibiotix (OPTI) shares are now 32p and still cheap. How cheap? I will be doing a detailed piece with revised numbers within 48 hours. But first I respond to a bit of trolling. And I flag up who my next CEO guest is on the video show. Then I look at Trackwise (TWD), Wandisco (WAND) and Brighton Pier (PIER)
859 days ago
One can almost picture the scene at the house named after Saint Monbiot this morning as one shareholder started his day…
859 days ago
After a $30 million bailout fundraise at just 50p, shares in Wandisco (WAND), suspended at 1310p, have relisted, crashed and are now just 49p but I would not touch the stock with a bargepole and here is why.
859 days ago
Evil Banksta is the sort of naïve chap who thinks that the FCA actually bothers implementing its own rules. If I had a bridge to sell I know who I’d be selling it to. He has again written to the FCA pointing out that the crack regulators are ignoring their own rules regarding Cineworld (CINE) in not suspending the shares at once for a failure to publish results. The credulous fellow writes in his own name:
860 days ago
Today marks the repayment date for the loan to Stock Loan Solutions LLC over 778,571,429 Supply@ME Capital (SYME) SYME shares. So far there has been no RNS issued about whether Alessandro Zamboni has repurchased the shares or as is much likely simply let the deal lapse as in reality, I suspect that Stock Loan Solutions LLC sold its shares years ago at much higher prices than today.
860 days ago
Eight Capital Partners (ECP) shares remain suspended as a result of my letter to the Financial Reporting Council about its inappropriate accounting treatment of its investment in the 1AF2 Limited bond described below in Eight’s RNS of 3 July 2023:
860 days ago
“Resigned” from his last job at WPP after a scandal involving claims about expenses and a £300 hooker, Sir Martin Sorrell is still the BBC’s go to man as a great and the good fellow to opine on matters such as Brexit (bad), global warming (man made) and being a business visionary. Shares in his latest venture S4 Capital (SFOR) were 800p 22 months ago. They are now 116p after yet another dire profits warning. I wonder of the visionary foresaw that?
861 days ago
Pension consulting and administration group XPS Pensions (XPS) has announced an agreement to sell principal employer and scheme funder of the National Pensions Trust, XPS Pensions (Nexus) Limited, to SEI and for a strategic partnership between the organisations. What’s the detail and what of a current share price response up further to around 190p?
861 days ago
Deepverge (DVRG) has all the hallmarks of being a zero, a once £70 million company going bust. Its shares are suspended and mug punters have lost everything. But ….
861 days ago
I have warned you often enough that Tintra (TNT) would blow itself up and it has now issued a RNS stating it is faces delay in getting its audited accounts for the year to 31 January 2023 finalised after six months and might, as a result, get its shares suspended on August 1. This is a massive red flag but what is the problem?
862 days ago
Without mentioning that he is the chairman, shameless David Lenigas is again ramping shares in technically insolvent Pennpetro (PPP) again as you can see below. You might care to note from where Lenigas is tweeting.
862 days ago
In the first half of 2022 Argo Blockchain (ARB) burned cash despite the bitcoin price averaging $37,000. With the bitcoin price higher than it was but nowhere near $37,000 let alone a level that would ensure cash neutrality, the company’s shares were ramped up to 17p on the basis of some low grade pumping. After the pump…
862 days ago
Oh dear. How is stale bull Gary Newman faring this morning? Audioboom (BOOM) about which I warned the complete-angler has served up half calendar year numbers which are, at every level, piss poor and the shares have slumped to just 180p. Please, young Gary, don’t go bottom fishing, for there is worse to come!
863 days ago
Shares in ‘engineered electronics for performance critical applications’ company TT Electronics (TTG) were above 200p as recently as April, but are now available at a 153p offer price. Following an AGM trading update in May and with half year results scheduled for 3rd August, we now consider the shares a recovery Buy.
863 days ago
I start with why I have reported a Predator Oil & Gas (PRD) shareholder to the Leicestershire OId Bill – #BoycottWoodlandsWholesaleNursery. I’ve had enough of it all and sooner or later some moron is going to get his collar felt. Bring it on. Then it is onto Versarien (VRS), Zoo Digital (ZOO), actors and porn actors and the march of AI, MGC Pharmaceuticals (MXC) and Argo Blockchain (ARB) whose shares are surging.
863 days ago
Shares in this dreadful company were 2.25p with the company capitalized at £70 million on January 11 2022 when I published a, crammed with red flags, dossier. Bulletin Board critics and advisers said I had it all wrong. Today the shares have collapsed by another 55% to just 0.115p after a bailout placing and warning that the Fat Lady may have a gig. More ouzo for a once again vindicated sheriff who has warned folks so many times.
863 days ago
I am back with these bonus video shows. I am still re-adjusting myself to zoom so if my face looks a bit funny there is a reason. In this show I interview Steve O’Hara of Optibiotix (OPTI) and short seller Lucian Miers on 4 short ideas. I also comment on Versarien and the inevitability of Neill Ricketts dumping his shares. I hope you enjoy the show.
864 days ago
Just 1p! Yes you read that right. Gone are the days when Neill Ricketts was dumping shares at almost £2 and mug punters used to discuss whether fair value was £10 or £100 and how to get myself and Lucien Miers killed. That is in the past. Today Versarien (VRS) has raised just £650,000 gross to keep the lights on for another three months. But it is still screwed.
865 days ago
I flagged up earlier how these numbers from musicMagpie (MMAG) breach IFRS rules but that is really the least of the company’s problems. When the company floated in April 2021 it was profitable and had net cash. Now it is drowning in debt and loss making. Thank heavens that founder shareholders including the CEO’s wife were able to dump £95 million of their shares at the 193p IPO onto dumb fund managers. The shares are today 15.5p.
865 days ago
IPO’d by Sam Smith, the woman celebrated by the sisterhood and woke media as the postergirl for feminists in the City, at 27p per share, shares in FinnCap (FCAP) are just 7.75p today after the publication of shockingly bad results for the year to March 31. Smith stepped down in September and within weeks there was an awful profits warning and the new CEO had to start slashing costs to survive. Then came a merger with also suffering Cenkos (CNKS), two drunks propping each other up. This is the legacy of Sam Smith, who told the Daily Mail she only stepped down to start getting some “how’s your father.” The reality is Smith fecked it up.
869 days ago
The real issue for Bidstack (BIDS) is that it is rapidly running out of cash and, with the shares at just 0.725p, giving a market cap of just £6.75 million it will be incredibly hard for the death spiral provider with whom it is talking to find enough liquidity to fund a material amount. So the company may well be brown bread by the Autumn anyway. As such, who steers it onto the rocks is irrelevant.
869 days ago
As the empire created by the alleged sex pest Crispin Odey collapses many of his former funds find themselves forced sellers of arrange of stocks which as we saw with Shanta Gold (SHG) can whack the share price of individual shares. Shares Magazine has a helpful table of those companies most exposed as at July 3. The percentage is the amount of the equity held in funds managed, in the good old days, by the sex pest empire.
869 days ago
Here we go again. This time 2.447,980 shares have been issued at 6.38p following the conversion of just $200,000 of death spiral bonds. Meanwhile to settle $400,000 of interest liabilities and other sums due to the death spiral providers another 15.090421 million shares have been issued – that would be under the VWAP formula at 2.07p. So that gives a blended issue price of 2.63p.
870 days ago
On Monday of last week shares in Microsaic (MSYS), run by Gerry “the arse” Brandon whose fraudulent revenue recognition and breaches of AIM Rules had already seen Deepverge (DVRG) shares suspended and the company teetering on the brink, were suspended from AIM It could not get its 2022 accounts out on time. But did it mislead investors as is the wont of Brandon.
871 days ago
What’s not to like? It was back on February 6 that Vast Resources (VAST) said that it had received a Court Order that it could get its mitts on a parcel of rough diamonds stashed in the Central Bank of Zimbabwe and that sent the shares soaring to 0.7p.
871 days ago
When you float a business on the AIM Casino your Nomad will stress to you that the IPO is not the end of the journey but the start and as CEO you are there to grow value over many years for those backing you with their cash. And that brings us to ProCook (PROC) where founder shareholders, notably CEO Daniel O’Neill made £27.4 million selling shares to poor dumb fund managers in November 2021 as the company joined the casino. Today O’Neill has stepped down.
871 days ago
I start with some macro matters, base rates, house prices, the madness of Malcolm in buying housebuilders, etc. Then it is on to Currys (CURY) where Chris is wrong about the shares and where my experience as a customer is not good. Then its cash crisis ahoy at Colin Bird’s Bezant Resources (BZT) and finally when is it a good time to stand down as CEO and what can it mean, I refer to FinnCrap (FCAP) and to Pod Point (PODP) PS I reckon that FinnCap is due another profits warning PDQ as is its proposed merger partner Cenkos (CNKS).
871 days ago
Clearly, holders of the remaining $25.8 million of outstanding death spiral bonds are desperate to get out at any price to reduce their exposure to Canadian Overseas Petroleum (COPL),a company teetering on the bring of insolvency. Today there is news of more conversions at a level where the forward sold shares cannot surely be sold at a profit?
875 days ago
At a GM called to authorise the issuance of lorry loads more worthless shares, the chairperson of Versarien (VRS) claims its turnaround is on track. Bollocks. Chairperson Dianne Savory has yet to apologise for not stopping a culture where, egged on by the ex-CEO, shareholders discussed having me killed and plotting to get my wife sacked so is someone not fit to chair a public company. Worse still, her claims are utterly delusional.
876 days ago
Having got shares in its bastard little brother Eight Capital Partners (ECP) suspended this morning it is time to turn to the fraud Supply@ME Capital (SYME) whose shares should also be suspended, in this case, pending clarification of its financial position. It may be capitalised at £79 million at 0.129p but technically it is bust.
876 days ago
Oh dear, oh dear, the really bad news is that even after its most recent bout of forward selling and bond conversion, Anavio Equity Capital Markets Master Fund Limited still owns 50 units of 2027 Bonds and 58 units of 2028 Bonds, convertible on their terms, in the aggregate, into 264,381,840 Common Shares, representing approximately 27.1% of the issued and outstanding Common Shares, and 104,608,558 Warrants, representing approximately 10.7% of the issued and outstanding Common Shares on a fully-diluted basis. It owns no shares. But…
876 days ago
The fraud Supply@ME Capital (SYME) is technically insolvent yet its shares are today up by 5% to 0.134, adding £4 million to its market cap – taking it to £82 million which is pretty full for a company that is bust – on news that it has completed a transaction which in the best case scenario will net it £54,000 revenue and probably no profit at all over 3 years.
876 days ago
On Saturday in bearcast I pointed out that the 5.56 PM Friday released results from Harland & Wolff (HARL) showed it to be insolvent and that things were only going to get worse. Anyone owning the shares is insane. Evil Banksta has been in touch to point out that, as ever, I was too kind.
877 days ago
It’s surely time for Albert Ganyushin, the Chairman of the fraud Supply@ME Capital (SYME) to force CEO Alessandro Zamboni to clarify what has happened to the shares which Zamboni’s 100% owned company, the AdvantGarde Group Spa (TAG) has given to three loan companies. At investor meetings Zamboni’s risible excuse is that he is unable to comment on TAG’s intentions but as he claims to own 100% of TAG’s shares, clearly TAG’s intentions are the same as his intentions.
877 days ago
We know that Supply@ME Capital (SYME) paid £4,000,000 in cash and issued 813,000,000 shares to Tom James and John Collis for the acquisition of Tradeflow Capital. Following the issue of the 2021-year end accounts, SYME issued the two vendors a further 213,525,520 shares as deferred consideration which resulted in total holding of 1,026,525,520 shares. Under the vendors buy back of 81% of Tradeflow, Alessandro Zamboni’s AvantGarde (TAG) paid £2,000,000 for the 1,026,525,520 shares held by Tom James and John Collis as described below:
877 days ago
I own the shares and I think that even without any deal the shares will multibag, as I explained in a podcast after the piss poor results HERE. And I would argue that the odds of Optibiotix (OPTI) securing a transformational deal with Coca Cola to put the “sweet” into diet coke are long. But I can reveal that they are talking and with good reason.
877 days ago
Yesterday, in bearcast, I noted that Gary and Lucian were saying that the death spiral provider would not forward sell shares and then convert loan notes as the price was too low and maybe they were right about this and I was wrong. Well maybe not.
878 days ago
At Sheriff and Deputy Sheriff Towers it is lashings of ouzo on the cornflakes today as Advanced Oncotherapy (AVO) has suspended its shares pending clarification of its financial position. That won’t take long: it’s bust! Folks really cannot say that both the Sheriffs did not warn the that this would end in tears more than 300 times over so many years as you can see HERE
878 days ago
Peter Brailey and myself have been long term bears of Pantheon Resources (PANR), with Peter making a short thesis at 121p the centre of his ShareStock presentation in 2022. Who will he expose this year? The shares are now 12.5p after a presentation yesterday which revealed the dishonesty at the heart of this worthless POS. Even at this level the market cap is £120million and it is s stonking short.
880 days ago
I explicitly told you to duck this IPO in November 2021 when founder shareholders dumped 27.4 million shares at 145p and Procook (PROC) raised nothing for itself. Time and time again I have been vindicated and though CEO Daniel O’Neill periodically spoofs the mugs with token share purchases, a fraction of his IPO “winnings”, the shares have continued to slide. Today after piss poor finals and a profits warning they are just 25p. And that is generous.
880 days ago
The previous owners of the assets within Ben’s Creek (BEN) went bust. This is a low grade producer in a cyclical industry and so I fully expect the pattern to repeat itself. The shares are down again today to 11.75p. My target price here is 0p. This company has always been drowning in red flags, I offer you a non-exhaustive list, perhaps readers can add others.
880 days ago
881 days ago
Luckily for MBU (mining advisor Mr. Adam Wilson of Daniel Stewart infamy) it has been dumping its shares in Ben’s Creek (BEN), CEO Mr. Adam Wilson of Atlantic Carbon/Coal infamy as fast as it can. Because today there is news of two more events in what is becoming an increasingly less slow motion car crash.
883 days ago
It’s ouzo on cornflakes this morning for the Sheriff of AIM as Audioboom (BOOM) has served up another dire, and, I suggest, misleading lack of profits warning. For fanboy Gary Newman it looks like cold cabbage water tonight. And if anyone is thinking of bottom fishing as the shares have slumped by 23% to 216.5p. Don’t! Things will get worse.
883 days ago
Last night Shanta Gold (SHG) gave a presentation at Proactive Investors. Paying for proactive to ramp your shares is always a bit of a red flag but I reckon Shanta shares are cheap notwithstanding that. However slide 4 of 18 raises, to say the least, eyebrows. It states:
885 days ago
Wildcat Petroleum (WCAT) lied in its first RNS, claiming to have raised £600,000 pre IPO when, in fact, the cash arrived only after the IPO so allowing punters to sell their stock into a pump and pay for it afterwards. That should have told you everything. At peak ramp just over two years ago the shares were 3.7p. Today they have slumped by 22% to 0.35p but guess what?
885 days ago
Investor in early stage financial services businesses B.P. Marsh & Partners (BPM) has announced results for its year ended 31st January 2023 and emphasised a three year strategy to return £13 million to shareholders and that it is looking forward to reporting further progress for the current financial year.
885 days ago
In today’s podcast I discuss Avacta (AVCT), musicMagpie (MMAG), Kefi Gold & Copper (KEFI), Ariana Resources (AAU), Colin Bird’s African Pioneer (AFP), the culture at Odey and why ALL its staff should pay (footnote it is RAB not Odey that owns shares in Kefi, apologies long covid strikes again), what a Labour Government really means for business and investors and Joshua’s school sports day later on.
885 days ago
The David Beckham backed POS Cellular Goods (CBX) has still refused to explain why it has given away 16% of its equity to a crony mate of its founders Bixby & Edwards (who have since IPO dumped all their shares) for a start up in the seaweed to net zero space with no business. And so as it hurtles towards running out of cash by Christmas, it is trying to spoof investors to allow the spivs at Novum to get a bailout placing away. Today there is an obvious spoof.
885 days ago
The Rogue Bloggers have only 9 miles left to Trek. But someone who wasn’t there 25 miles ago has now joined in, Mr Andrew Bell. With fresh legs he is in fine form and , as is his wont, tells me how cheap are shares in Red Rock Resources (RRR). Where have I heard that before? We have now raised , with gift aid, more than £26,000 Please help us to help Woodlarks with a tenner here.
885 days ago
Despite already having a £55 million death spiral in place, my City source tells me that Avacta is working on yet another, naturally discounted, placing. The shares falling by 3p to a new year low of 99p on Friday in decent volumes is NOT as coincidence.
886 days ago
Having wondered which woke UK PLC would cause the most damage to its business with an idiotic gesture, I think we have an answer. It is DIY chain Wickes (WIX). Its shares are down by a couple of percent today, but the backlash is only just starting. #BoycottWickes is now starting to trend on twitter. So, what was the gaffe?
886 days ago
On the Cineworld (CINE) shareholders Telegram home for deluded fools the following email purporting to be from Cineworld boss Mooky Greidinger to some of his staff has appeared suggesting it is going into administration. Natch, Mooky has not bothered to tell shareholders the bad news via RNS as he views them with contempt. The shares are 0.7p ( a £10 million market cap), down from 200p+ when I first warned you all. The target of 0p should be reached within hours. The email reads:
886 days ago
I am sorry to be something of a pedantic bore but the lack of published results for calendar 2022 from Bidstack (BIDS) is now becoming really alarming. Is it confident that it will get the numbers out by June 30th to avoid its shares being suspended? If there is a possibility it might not, surely a statement is called for?
888 days ago
I kid you not, David Lenigas appears to have gone all shy and one investor in the dog Pennpetro (PPP) has had enough. He tweets & the spelling error is his not mine!:
888 days ago
An explicit warning from perma-dog Versarien (VRS) that it is almost certain to do another bailout placing soon might convince even someone as stupid as penny share grifter Doc Holliday that holding these shares is financial suicide. The company has today announced that it is calling a GM to give it the authority to issue more shares.
888 days ago
I understand that many listed firms feel the need to hire an IR/PR firm. Actually they should resist the urge, it is just another cost centre and adds no value at all, in terms of generating free cashflow. It is not as if the posh twits who inhabit the world of PR can actually polish turds or turn a good company into a great one, their exorbitant fees subtract from the NPV of a company, they do not add to it.
888 days ago
Yesterday I flagged up that shares in Canadian Overseas Petroleum Limited (COPL) had slumped from 25p when I first warned to sub 4p, “into the threes”. Today they are slumping again and are just 3.25p to sell. How soon the “terrible 2s”. As it happens I was chatting to an expert in death spiral financing and he explained why the death spiral at Canadian was and still is a suicide trap for all concerned.
888 days ago
Cineworld (CINE) has already warned numerous times that shareholders are going to get wiped out. Last night Sky reported HERE that the UK PLC would be put into administration this week. Natch, Cineworld which has always treated its shareholders with contempt has not issued an RNS.
888 days ago
Shares in Tingo (US:TIO) were trading at more than five dollars a couple of weeks ago but closed yesterday at just $0.96 after another day of panicked selling. Long gone are the days when this fraud had a $7 billion market cap. Yesterday I dropped an email to Jen Knickerbocker. I am not making that name up.
888 days ago
I mentioned this in yesterday’s bearcast but when a company’s market cap and the liquidity in its shares slumps, a company facing a death spiral can find itself in an increasingly vicious circle impoverishing its poor shareholders. When, to much abuse, I first explained last year what a complete dog was Canadian Overseas Petroleum (COPL) its shares were 25p. The shares are now just 3.75p to sell.
891 days ago
I kid you not. Allowing for a share consolidation, shares in Mercantile Ports & Logistics (MPL) – now 3.5p – really are down 99.86% from the IPO, not bad for a safe real estate development company operating in one of the world’s fastest growing economies (India). Okay so the last CEO has recently pleased guilty to a $300 million US securities fraud, we have highlighted numerous red flags on this website over the years but it has a Tory toff on board ( Lord Flight) so I suppose it must be terribly pukka after all. Today, yet another placing and retail offer with £8.9 million raised at 3p. Who could be so mad?
891 days ago
Failed loan shark Amigo (AMGO) has reiterated that it is still proceeding with an orderly wind-down of its business which will see “no residual value for shareholders”. But, a crazy guy called Michael Fleming has approached it with a view to making a debt investment in the Company or its subsidiaries.
891 days ago
Since 6 February this year Vast Resources (VAST) shares have soared, notwithstanding one bailout placing, on claims that it would very shortly be getting its mits on 129,400 carats of rough diamonds held in “safe custody” at the Reserve Bank of Zimbabwe. Even as the shares raced ahead to almost 0.7p shareholders in this company with shite assets and run by charlatans were still sitting on 99%+ losses such as been the industrial scale value destruction via share issuance and boardroom greed over the years. Today came some reality. And then like Vast’s dreams they fade and die…
891 days ago
Those who have pumped Versarien (VRS) shares up to 6p of late via podcasts, twitter and chat room posts should hang their heads in shame. You know who I mean Doc Holliday For results for the six months to March 31 are out today and are just shockingly appalling even by the standards of this POS. Insolvency clearly looms on the not too distant horizon.
892 days ago
I am told by at least one reader that a 1 million shares sale in Skinbiotherapeutics (SBTX) MUST be Optibiotix (OPTI). The bulletin boards are full of ill-informed speculation. I am in a good mood today because West Ham are Massive so I shall not label such folks morons. Okay I will. They are morons. I have swapped emails with both Steve O’Hara of Optibiotix and Stuart Ashman of Skins.
892 days ago
On 13 January i published a short bear dossier on ICG-Longbow Senior Secured UK Property Debt Investments Limited (LBOW) focussing largely on the carrying value of RoyalLife. The shares were then 52.5p. Natch Longbow “refuted” me via RNS. The shares are now 36p but, with what follows, I suggest still monstrously overvalued. You can short this.
893 days ago
Just 7 months ago Deepverge (DVRG) was celebrating the raising of £10.8 million by the esteemed firm of Turner Pope. Today there is a warning of redundancies amid an intensifying cash crisis and that the shares could be suspended in just 26 days for not getting its calendar 2022 results out on time. Oh dear, oh dear: anyone got a number for the Fat Lady?
893 days ago
Describing itself as “a global leader in molten metal flow engineering and technology”, a recent trading statement from Vesuvius plc (VSVS) included that its end-markets recovery pace “remains slow and uncertain”, but that they have started to recover from a low level of the end of last year and that its current trading is ‘ahead of initial expectations’. With this adding to confidence of its performance as its end markets recover and a good dividend yield whilst we wait, at a 417.8p offer price and up to 420p, we consider the shares a Buy.
893 days ago
Recommended in May at a 167p offer price, UK pensions consulting and administration group XPS (XPS) has since stated that it “is pleased to provide its post-close trading update (unaudited) for the year ending 31 March 2023 ahead of its full year results expected to be released on 22 June”. With the shares currently slightly up, how ‘pleasing’ was the announcement?
893 days ago
Equities First holdings offers a service where CEOs of companies where the CEO knows the stock is going to tank, pledge shares to EFH in return for a loan at c65% of the value of the shares. We exposed this scam back in 2019 when EFH first open up shop in Britain. EFH ALWAYS dumps the shares on day one so locking in a neat 50% profit and when the shares tank the directors are faced with a margin call and default.
897 days ago
Tingo (TIO) reckons that its shares collapsing is all down to a New York broker pretending to do a placing and to “of false and malicious allegations on certain bulletin boards, social media accounts and websites” so it has called in its lawyers. Again. Just to assist I have another oddity for the lawyers to have a butcher’s at.
898 days ago
Is it not time for an update from Advanced Oncotherapy (AVO)? Comrade Evil Banksta who is short has dropped me a short note which seems perfectly sensible to me.
898 days ago
I start with a few political matters which make me despair and then explain the two reasons why, contrary to what you may read on Bulletin Boards I am NEVER short of shares.
898 days ago
I start with the suffering I am about to endure at the Chapel holiday camp and urge you to consider the pain and donate to Rogue Bloggers for Woodlarks HERE. Then it is onto Malcolm’s earlier piece on PE’s and shares and why he may be wrong. Then to what appears to me to be a vile #MeToo witch hunt against Tesco (TSCO) chairman John Allan and then onto ITV (ITV), Phil Schofield and the real scandal and why more heads should roll.
900 days ago
Early stage financial services businesses investor B.P. Marsh & Partners (BPM) “is pleased to announce the disposal of its entire 18.7% shareholding in Kentro, subject to FCA approval being granted”. With the shares currently up to 334p to buy in response, how ‘pleasing’ is the prospective disposal?
900 days ago
On 17 March 2023 Essentially Group (ESSN) listed on the Aquis Lobster pot having raised £600,000 at 50p. Amazingly the shares are now 54.5p thanks to a series of fairly trivial buy orders since the IPO. But today, just two months after the IPO there is bad news.
900 days ago
Thanks to my article HERE, Amur Minerals (AMC) was forced to put out a hasty statement on 24 May giving its investors on a proposed 1.8p per share dividend. The good news is that we now have a record date ( June 2), an ex dividend date (June 1) and a payment date (June 14). The bad news and uncertainty…
903 days ago
Of course, the big undeclared (until the last minute) related party deal was the sale of Valereum’s (VLRM) bitcoin mining machines to the Lenigas spoof Vinanz (BTC), originally posited as an arm’s length deal. Many moons later as the Vinanz IPO finally happened the prospectus revealed that Valereum boss Richard Poulden owed a stack of low price (0.25p as opposed to the 3p IPO price) shares in Vinanz. But here is another stinker which emerged yesterday …
903 days ago
Think of my suffering. On June 17 I shall walk 34 miles and be lagging at the back of the pack with my friend Jonathan Price who will have 16 hours to explain to me why Brexit was a disaster, how 17.4million of us are dim or Xenophobic or both and how the fraudster Carole Cadwalladr is the greatest living journalist. Think of my suffering and please donate HERE as we approach ( with gift aid) £10,000 raised for Woodlarks. In today’s podcast I discuss Pantheon (PANR) – target price 6p? – BSF Enterprises (BSFA), Versarien (VRS) – shares up 50% today – and Cineworld (CINE), still 100% overvalued. .I also look at Cellular Goods (CBX) and the state of seaweed to carbon zero technology referencing THIS ARTICLE.
904 days ago
Fresh from doing his conkers on going long of Versarien (VRS) it seems that the scouse penny share hustler Doc Holliday has come a cropper once more buying 8 million shares in More Acquisitions (TMOR) at a penny. Oh dear, More is rapidly becoming less as its proposed RTO of Megasteel is, er renegotiated.
910 days ago
I argued, as the shares collapsed yesterday, that my long term bear thesis on Lansdowne Oil & Gas (LOGP) was now vindicated, But a shareholder, who is no fool, thinks I may be wrong. I am prepared to accept that I am sometimes wrong so for balance, the punter writes:
910 days ago
Vinanz (BTC) The sub scale bitcoin miner which does crazy deals with pals of its founder David Lenigas listed on the Aquis lobster pot at 3p. Its shares are today, despite Lenigas personally hoovering up any (loose but wise) sellers, still just 3p to sell as nobody is buying the Lenigas bull. Since Lenigas and his pals like Richard Poulden got in at 0.25p they don’t care but instead the company serves up another bullshit spoof.
910 days ago
I am a perma bear of Avacta (AVCT). I don’t rate its management and am sure the feeling is mutual. But the valuation is bonkers. I was bearish ahead of the placing in December in which Avacta tried to raise £15 million but raised only £9 million. I think the acquisition of Launch financed by a death spiral was crackers but for a while I was whistling in the wind as the shares were ramped to 183p. They are now back at 113p but that is still a nutso valuation.
910 days ago
Yesterday shares in Chill Brands (CHLL) raced ahead as it signed a distribution deal with The Vaping Group Limited. I called it a spoof now here is a photo which rather makes my point.
910 days ago
Chaired by Eric Boyle of disgraced Stanford Rook ( Stanford Crook to its pals), Voyager Life (VOY) has been a disaster for investors since its listing in June 2021 at 58p. I have managed to get the shares suspended once and exposed this red flags laden, rogue-run, POS more than once. If “old” Liam Murray at Cairn had any sense at all he would quit as its Aquis adviser. Instead we have another spoof RNS operational update designed to pump the shares, now just 11p to sell, ahead of the next bailout placing, needed within weeks to avoid bankruptcy.
919 days ago
Oh dear, oh dear. Shares in the online estate agency Purplebrcks (PURP) once traded at more than 500p as Neil Woodford filled his boots (with other folks cash) and commentators such as the shop worker Paul Scott gushed about how disruptive the cash guzzling company that ripped off its customers by taking payment even though most properties were not sold, was going to be. Today the business, nearly all the assets (bar £5.5 million of cash) and the liabilities are being sold for just one quid to SPV Strike. What will shareholders get? If they are lucky 0.65p in Q1 2024.
919 days ago
I start with my latest run in with my neighbour, the IRA man. Then it is onto Canadian Overseas Petroleum (COPL). I discuss it deceiving investors, how the shares are a 100% slam dunk sell and also a shocking article about it ( see below) on Proactive not, as I said, by my pal Ian Lyall but by another pal Jon Hopkins. Hoppo should be ashamed. Then I look at Anglesey Mining (AYM), Zephyr Energy (ZPHR ) – hard cheese Cliff – Powerhouse Energy (PHE), Boohoo (BOO), where there is no ouzo for Ouzo man, and nanosynth (NNN) which has gone bust so meaning a vindication ouzo for me tonight and more shame on penny share grifter, brown envelope man, Zak Mir.
919 days ago
Yesterday Alpha Growth (ALGW) announced the buy out of its 5% minority in its life insurance operations in exchange for shares in the listed group.
925 days ago
Another day dawns and yet again Canadian Overseas Petroleum (COPL) has issued yet more shares. This is a death spiral on steroids but of you do the maths you must be a nonce. I am kidding. But at least some of the morons who own the stock are not. Let me explain.
925 days ago
It is a simple question and one that I have put to Chill’s (CHLL) financial adviser, Mr. Nick Harriss at the fine firm of Allenby Capital. Oddly Nick has declined to reply but as 1.5 million shares were issued at 4p ( a nice discount to the 6p share price) surely investors have a right to know who has been paid £60,000 for what? The statement reads:
925 days ago
Back on March 23 I did a bearcast on Celadon Pharma (CEL) HERE which initially saw the shares marked lower from 125p to c105p. But the company fought back with private briefings. It did not draw attention to my well founded misgivings by issuing an RNS “refuting” what I said. That was a smart move. Instead someone roped in the serial liar John Story to do a mass new media spam pushing the shares, the CEO also did a Proactive interview and, for a while it worked. The shares hit 180p. Ouch. But then they started slipping.
925 days ago
An insider dealing director, directors who troll journalists on twitter or who threaten critics, these are never good signs. But worse is the determination of Predator Oil & Gas (PRD) to avoid issuing a prospectus when issuing shares. For the second time it has found a loophole to dodge making disclosures. Just what is the company hiding?
925 days ago
It is another ouzo day here at Sheriff Towers as my bear dossier published on January 13 this year about ICG-longbow Senior Secured Uk Property Debt Investments Limited (LBOW), is now vindicated. The snivelling response on January 16 from Longbow and its advisers at Lagos Securities is now exposed for the fiction it always was. The shares were 51 before the dossier, they are now 36p, down 12% today.
925 days ago
For almost two years my old friend Malcolm Stacey has been recommending that you buy shares in Blackbird (BIRD). Back in May 2021 the shares were c35p. Today – after more bad news – they are 7p. I warned explicitly HERE that Malcolm should walk away, I still think that he should.
931 days ago
I told you all to sell but have kept my shares in Red Rock Resources (RRR) as a reminder of what a prick I can be but perhaps also so that I can attend the AGM and give boss Andrew Bell the roasting he deserves. Gold is at a near all time high. The last time gold was at today’s levels, Red Rock shares were at a consolidation adjusted c400p. Today Bell has placed, yet again, at just 0.1425p. Bell makes excuses but there can be no excuses for such an abject performance..
931 days ago
My two share purchases are discussed at the end of the podcast. Before that I discuss Eurasia’s (EUA) latest porky, Guild ESports (GILD), Cellular Goods (CBX), retail inflation especially relating to cat food, and then Asos (ASC) – in detail.
931 days ago
During the past three years, Eurasia Mining (EUA) has pretended that it is in receipt of serious bid interest for its cash guzzling insignificant PGM assets in Russia, assets where the cost of mining is, per oz, greater than the price metals are sold for. Using this ruse to push up the share price it has managed to get away three placings at share prices which are a multiple of where the shares trade today. But now the money has almost run out.
932 days ago
To be fair, I was urging folks to buy shares in Fox Marble (FOX) last week but it seems I was a bit wrong about the maths and our in-house BB savant PL was right. Does that make Fox a raging FYB buy on Tuesday? I then look at ScotGold (SGZ) and yet another scandal and finally at Flip Flop’s Kavango Resources (KAV) as per my earlier piece HERE. Tomorrow I really am on a training walk so please, as I aim to do 15 miles, consider a donation to Rogue Bloggers for Woodlarks HERE
938 days ago
I have dropped a note to my old pal, the bogus Sheriff of AIM, aka Mr. Marcus Stuttard, head of AIM Regulation, aka the Oxymorons. It seems to me that the BBC has dobbed in Scotgold (SGZ) for serving up a material untruth which saw the shares zooming to 70p to allow a £3 million placing at 40p to proceed. Either the BBC is lying or this is criminal deceit on the part of Scotgold. I have urged the Oxymorons to act…
940 days ago
I flagged up HERE that shortly before disappointing news from Korea a block of 10 million shares in Bluebird Merchant Ventures (BMV) went through at below market prices. We know, thanks to a TR1, that the seller was Southern Gold and I know, thanks to a party close to the company, that its executives had been made insiders. Now the trade has been reversed. Surely that is an admission of guilt?
940 days ago
You would have thought that if you really wanted to buy more shares in your company you would not be ramping the arse off it to try to push the share price up? That brings us to David Lenigas and news today that he has bought 400,000 shares in his Aquis listed bitcoin promote Vinanz (BTC). This stinks and is a sell signal.
940 days ago
Okay I lied about doing a training walk today for Rogue Bloggers for Woodlarks. I offer two excuses and will do an extra two miles tomorrow. Please do donate HERE. Then I discuss why you should never mention anything critical of transgender folk or even, as did I, ask a question, as you will be flamed all day as I have been. Then I discuss Versarien (VRS), Supply@ME Capital (SYME) and the morons who own the shares.
940 days ago
When we get there sell all your gold shares but we are nowhere near that now, says Jeff Clark, author of anew book “PayDirt”. He started outlining the book during Covid, with the goal of making it entertaining and engaging, yet simple and straightforward. Sixteen other experts from the industry also contributed to the book.
941 days ago
Given that shares in Versarien (VRS) have collapsed from 3p at the start of the week to just under 2p at the close yesterday, some folks are demanding that it issue a statement. Why?
942 days ago
I still own some of these shares as a reminder to myself of how bloody stupid I can be. Every time I look at the share price it is an act of self-flagellation, a self-administered punishment beating at the hands of Wishbone Gold (WSBN). Whack, whack, that is for being so bloody moronic! Today we have another statement which is so much bullshit. It uses a template much favoured by the best friend of Wishbone boss Richard Poulden, Mr David Lenigas.
954 days ago
It is only seven days since the last time that $400,000 of death spiral bonds were converted into shares after a good bout of forward selling. But Arthur Millholland of Canadian Overseas Petroleum (COPL) is king of the shareholder dilute so here we go again. At this rate we might get a similar announcement once a week for 83 weeks before we are done. What do you reckon the share price will be by then?
955 days ago
“Oh dear, oh dear,” as my old friend Old Mother Mike Walters would have said as he apologised for yet another duff loss making, cash guzzling share tip ‘fessing up to bad news. I am surprised Mike has not tipped Aquis listed Valereum Blockchain (VLRM) it is right up his street. Shares in this company were peak ramp 64p, thanks to the efforts of Zak Mir and David Lenigas. They are now 5.5p as yet more confetti is issued. And the worst is yet to come….
956 days ago
Yesterday I pointed out the rapacious greed of David Lenigas and Richard Poulden in allotting themselves shares in Vinanz (BTC) at 0.25p two weeks before mug punters, roped in by salesmen charging 8% commission, paid 3p ahead of the Aquis IPO. Unable to deal with the awkward facts, Lenigas took to twitter yesterday to tell lies, with Poulden loyally retweeting every smear his master posted.
956 days ago
Scotgold Resources (SGZ) the miner of jam tomorrow, oops I meant pitiful amounts of gold, has said that its move to long hole stoping may well produce more jam tomorrow but, pro tem, it is passing the hat around yet again at just 15p. For those falling for the spoofing c/o BBC Scotland and buying the shares at 44.5p just two months ago, this will be a painful lesson in getting bummed by fake news from Pravda
958 days ago
Previously writing on 155p offer price July last year tip Wood Group (WG.), earlier this month with the shares at 200p we noted that, although the share price suggested that the market did not believe takeover proposals would succeed, it looked to us like the major shareholders were open to a deal and that anyway there looked medium term upside so continue to hold. Now there’s been a further announcement on the possible takeover from the group – and the shares are up to above 226p.
959 days ago
I explicitly warned folks about Procook (PROC) ahead of its 145p per share IPO in November 2021. I have warned again repeatedly. CEO Daniel O’Neill and other directors have spoofed folks with share purchases all the way down. And here we are, after another piss poor update, and the shares are just 27p. Well done to those fund managers who gobbled up almost £40 million of shares dumped by the founders at IPO.
960 days ago
Another day and another 50,998,285 shares in Arthur Millholland’s doomed Canadian Overseas Petroleum (COPL) have been issued to soon join the rest of the worthless confetti trading on the sub Standard List. Now for a maths lessons for the morons.
962 days ago
Another day and its another red flag from loss making and debt laden Ben’s Creek (BEN). The vicar has now got an enormous collection of Ben’s red flags but would he like another? In response to the shares spiking to 19.5p yesterday Ben’s has put out a statement saying that there was no reason for the share price rise except….
962 days ago
Gold has surged to more than $2000 oz yet shares in Red Rock Resources (RRR) languish at 0.18p. I am down by almost 70% over three years, those who bought the shares the last time gold was at this level are more than 99% down. So gold “unch” over 14 years, Red Rock shares almost 100% down. The reason is, simple:
963 days ago
With it having admitted before Easter that it will go bust in June, shares in nanosynth (NNN) have collapsed to a current 0.061p. The good news is that it can be rescued. The bad news is that it might be rescued at 0.01p. Here is how this should work.
963 days ago
Agriculture and engineering group Carr’s (CARR) has announced delayed results for its year ended 3rd September 2022, emphasising it is “now focused on higher-margin, differentiated, international Speciality Agriculture and Engineering businesses with strong growth prospects” and its shares have been restored to trading.
963 days ago
There is another update on Cineworld’s (CINE) debt for equity swap and its hopes of emerging from Chapter 11. I wonder what sort of moron is buying the shares today, for some morons are buying.
967 days ago
I start with the madness of using Dylan – who is the sort of “woman” you might think twice about dating – to promote sports bras or beer. I enter the quagmire of the Corporate Equality Index. Then it is on to the CBI, not asking if it is now fit for purpose but whether it ever was. Finally an ouzo moment as nanosynth (NNN) shares slump HERE but this episode begs massive questions for its advisers and AIM Regulation about how dumb morons were duped.
967 days ago
Back in August of last year nanosynth (NNN) announced, in a grossly misleading way, that it had signed a death spiral with Lanstead “to raise £2,942,500”. I warned at the time that this was fantasy, that nothing like £3 million would be raised and that those responsible ( PR firm IFC Advisory) should be hung, drawn and quartered while AIM Regulation should force a restatement. Nothing happened. IFC told me I was talking tummy rot, the Oxymorons did nothing. And on Thursday afternoon, nanosynth admitted that it faced a financial crisis and its shares collapsed.
967 days ago
On 29th April 2014 Rosslyn Data (RDT) raised £10 million at 33p as it joined the AIM sewer. As I demonstrated on this website, the prospectus prepared by Cenkos Securities (CNKS) was grossly misleading and it has been downhill ever since. Cenkos is still there as Nomad and broker after numerous (lack of) profits warnings, a CEO who forgot about his involvement in the porn industry, numerous bailout placings and other fun and games. I wonder how much coke & hookers money Cenkos has made over the years. The shares are now 0.725p after another awful trading statement today.
969 days ago
This website has been warning folks that shares in Cineworld (CINE) were worthless for far longer than I can remember. But today, for the second time, Cineworld itself has explicitly stated the same. The shares are down by 24% on the news at 2.2p but that still values the company at £31 million. Out there in Moron land, some folks really still are buying the shares. Maybe they are chartists or followers of Doc Holliday. I don’t know. Words fail me. Anyhow CEO Mooky Greidinger seems happy. Screw the plebs.
970 days ago
The tweet below is the latest pathetic attempt to ramp shares in Versarien (VRS) so that it can get away one last placing before June and avoid insolvency. In pushing the fantasy that the company will soon be awash with grant money David Burton of Total Market Solutions fails to mention a number of critical points.
970 days ago
Iconic (ICON) published its interim accounts for the six months ended 31 December 2022 at 1.59 PM on Friday allaying some of its shareholders concerns that it might miss the 31 March 2023 publication deadline and have its shares suspended again.
970 days ago
On 30 March 2023 Tintra (TNT) announced that Dr Joe Lyske, the Company’s Chief Science Officer, had purchased a further 47,207 ordinary shares of 1 pence each and now holds 108,002 Ordinary Shares (equivalent to 0.67% of the issued ordinary share capital). The aggregated information reveals that the average price was 106.7 pence per share making around a £47,000 investment.
979 days ago
Heaven knows why this US based POS maintains a dual listing on the (sub) Standard List. It really is a cash guzzling crock as we have pointed out on numerous occasions HERE. In the first part of this year Okyo Pharma (OKYO) managed to pump its shares up to 5.5p with a series of spurious and ramptastic RNS’s. Then as the Bulletin Board Morons took they trousers down, whoosh, a $5.5 million funding arranged by the company not its brokers, came in at just 1.85p. Ouch. And double ouch. One hopes that the morons had lubed up.
979 days ago
In today’s RNS Iconic (ICON) announced that it had received a “Conversion Notice was dated 27 March 2023 and provides for 50 Convertible Notes to be converted into 1,315,789,473 ordinary shares of £0.00001 (“Ordinary Shares”) in the Company at a conversion price of £0.000038 at the aggregate principal amount of £50,000.” With the issuance of another 1,315,789,473 new shares, the Company’s issued ordinary share capital is now 43,106,916,660 shares. Yes that is more than 43 billion shares in issue.
979 days ago
Alastair Smith has been running Avacta (AVCT) for 16 years and after 16 years he has yet to launch an actual product. So on what basis are his pay increases calculated?
983 days ago
Scotgold (SGZ) claims that its directors emails have been hacked and that “specious emails sent in their names to numerous people.” The clear implication is that the email I published on Saturday, HERE, discussing administration and a cash crisis is bogus. It is not it is genuine. The “specious” emails referred to were, according to my source, sent to employees, not insolvency lawyers at Fox Williams. Even its death throes it seems ScotGold dissembles and, in mentioning the Police paints itself as the victim. It is not the victim shareholders are. The company is in its death throes because it has fessed to as much today causing the shares to, as I oft predicted they would, crash. Told y’all! What follows is grim.
984 days ago
I start on journalist ethics, that is to say not selling shares before advising readers to and a chap called Magna Carta who reminds me of the weeds in my strawberry patch. Then onto Rogue Bloggers where Andrew Bell says he is joining us and bringing a fantasy woman. I shall bring Cheryl. Please donate HERE. Finally, referring to Sarah Willingham and Dame Sharon White of John Lewis infamy (see the Daily Mail article I refer to HERE) I suggest that a glass ceiling for women in business has been replaced by a wooden floor.
986 days ago
This may not be the end of this fraud. But it is certainly the beginning of the end. The unravel is underway, the rats are staring to abandon the ship now lurching lower and lower in the water under a growing weight of red flags. Anyone now holding the shares is completely insane.
987 days ago
It’s all an all share merger of equals, each side getting 50% of the enlarged equity, with every Cenkos shareholder getting 3.19420647 New FinnCap Shares for every one Cenkos held. A marriage of equals you say? That is to say two businesses that have been equally disastrous investments. Merge two bad companies and what do you get?
987 days ago
Three years and five days after listing on the Aquis lobster pot after raising £4.25 million at 110p British Honey (BHC) has today gone bust and appointed administrators. I warned that it was “uninvestable” when the shares were 114p in October 2021. Today it is game over. As I consider honey and ouzo on my cornflakes, the list of warning signs were there for all to see. Natch folks knew better than Old Tom.
988 days ago
My Frog is not that good but the documents below sent to Winnileaks seem to suggest that Zenith Energy (ZEN) has been totally booted out of the Congo. That would surely be bad news for this long term dog with fleas and surely a clarifying statement is needed. Suffice to say, anyone holding these shares, now a paltry 0.4p to sell, is bonkers
989 days ago
At 1.1p Wildcat Petroleum (WCAT) is capitalised at £26.4 million. Its results for the six months to 31 December are out today and are – as you might expect – piss poor. I wonder if anyone owning shares in this Standard Listed dog can read a balance sheet?
989 days ago
Every year since its IPO Verditek (VDTK) has announced a big new contract win, spiking its shares, and allowing to get a bailout placing away to keep the Fat Lady at bay for another year. Then it admits that the contract has come to nowt. With its cash set to run out by June it has today announced a new contract. Is this the boy crying wolf yet again? Or is there a real wolf this time.
993 days ago
Not only does Andrew Monk and VSA Capital list shitcos on the Aquis Lobster Pot but VSA itself is listed on Aquis too. It listed at 21p on 9 September 2021. Its shares are 49% down so far this year and can now be sold for just 10p. But has the Monkey legged over investors with a misleading trading statement. I think the graduate of Oriel College Oxford (has he told us about his posh education yet today?) has and have written to Aquis Regulation suggesting it force VSA to clarify.
994 days ago
I start pondering retirement, then look at Credit Suisse and Gary vs Chris on buying shares right now. Then it is onto Versarien (VRS), Verditek (VDTK), lying by Reabold (RBD) on its takeover bid, Cineworld (CINE), Ben’s Creek (BEN) and that scumbag Adam Wilson and the fraud Supply@ME Capital (SYME)
994 days ago
You want to know why Berenberg quit as joint broker yesterday as Versarien (VRS) also fessed up that Neill Ricketts was still a director earning £16,500 a month despite “resigning as CEO” a week ago? It will be when it discovered that, enabled by the bent journalism of Ian Cowie at the Sunday Times pumping the shares, SP Angel was doing a smash and grab deeply discounted placing to raise a paltry £318,000.
994 days ago
Shares in Aquis listed Silverwood Brands (SLWD) are almost untradeable. That did not stop pompous Andrew Monk boasting that his fees for Silverwood buying a stake in Lush from Silverwood’s directors for £216 million (in shares) would ensure that VSA would make a profit this year, having been loss making to the tune of almost a Bernie at the interim stage. Today there is another update from Silverwood showing what utter crap VSA has told investors.
994 days ago
Medcaw (MCI) listed on the disgraced Standard List just before Christmas as an investment vehicle looking to make an acquisition, yadda, yadda, yadda. Yesterday its shares collapsed by just over 60% to 2.5p as one punter decided to make a sale on a day of market turmoil. There is no liquidity, no demand and maybe this is why.
994 days ago
At least Cowie, one of Britain’s most senior personal finance journalists, is honest that he is a poltroon, admitting to buying shares in Versarien (VRS) at 177p. They closed Friday at just 3.5p although in his column today where he explains why he is hanging on for a bounce, Cowie says the shares are 5p. But the dishonesty of the journalism is epic.
996 days ago
If I had a quid for every time I warned that shares in Wandisco (WAND) were at a bonkers valuation based on reported revenues, I’d be able to buy a season ticket at Wrexham. But today we discovered that most pf those reported revenues were made up and that the size of the emerging fraud was big enough to bankrupt a company which, at £13.10, was capitalised at £863 million. Now the shares have been suspended as investors face calamity in AIM’s biggest scandal for years.
996 days ago
At 4.15 PM yesterday shares in Atlantic Lithium (ALL) were suspended, having crashed thanks to the bear dossier which I publish in full below. The reason – a pending statement. That statement is now out and trading in the shares resumes. Atlantic says it “refutes” the dossier which means that it denies it. But how convincing is the denial?
996 days ago
I start with a rant about the fecking GPs and the bloody teachers as approx. 0.0 inches of snow accumulates and my father in law has to go to hospital again. I am so bloody angry about both. Then it is onto the collapse in the share price of Atlantic Lithium (ALL) – about which I explicitly warned you all just under four months ago HERE – after a bear dossier was published: see below. Then I look at Red Rock Resources (RRR), some of the #IWD jokes including one from Jeremy Corbyn and one from Guild Esports (GILD). Finally it is ouzo o’clock as musicMagpie (MMAG) serves up dire results and warns of tough times ahead. Footnote: at 4.15 PM Atlantic shares were suspended “pending an announcement”
996 days ago
He called this as a slam dunk short at 122p on September 10. Shares in Pantheon Resources (PANR) are now 26p. So where next?
996 days ago
Wanting some secure income with some future upside potential? How about inflation-linked, long income from grocery property? This and a share price currently down below 90p suggest to us that shares in Supermarket Income REIT (SUPR) are a Buy.
997 days ago
The real risks are that Canadian Overseas Petroleum (COPL) either cannot secure additional; finance within the next five weeks and so goes bust or that the owners of $42 million of senior debt get cold feet, call in their loans and the company goes bust. That would shaft 100% anyone daft enough to own the shares but also the providers off all the convertible loan notes, death spiral providers.
997 days ago
The share price of Cizzle Biotechnology (CIZ) at the close yesterday was 4.55p. The shares have plunged today to 3.75p after the publication of a share option scheme which, superficially, looks like obscene boardroom greed and a total piss take. Far be it from me to defend small (£13 million) biotech plays but for once I shall.
997 days ago
This column has been calling Cineworld (CINE) as a short for absolute ages. It hardly seems credible but three years ago the shares were 170p. Today they are 2.9p and so anybody who has gone short as we advised all along has done well. You know where to send the “thank you” bottles of ouzo.
997 days ago
Just over a year ago Genflow Biosciences (GENF) raised a gross £3.7 million at 8p and joined the Standard List. Much of that cash will by now have gone up in smoke but, with the shares now just 1.95p, the big question is “who exactly owns the stock?”
997 days ago
The big bear call from Pete Brailey at ShareStock 2022 last September was Pantheon Resources (PANR) at 122p and its shares are now 31p after another disastrous operational update. To have presented such data if you were drowning in cash would be alright, but Pantheon is not, it is rapidly running out of other folks moolah.
998 days ago
Putting out an RNS at 3.59 PM on Friday is not something I like. But should buy, sell or hold shares in Ariana (AAU) with the stock down to 2.8p.
1005 days ago
Following up on this expose HERE regarding the dumping of shares in Powerhouse Energy (PHE) by Howard White and his two sons I have written to the FCA asking it to investigate whether Mr White is guilty of market abuse as a result of market manipulation. I believe that without any doubt, he is.
1005 days ago
The shares are now just 4.25p, down another 32% today. The bare facts are that Advanced Oncotherapy (AVO) is running on fumes. If it does not raise fresh funding asap the Fat Lady will be called in for an emergency gig very soon indeed. The problem, as we have noted many times, is that par value is 25p.
1007 days ago
Not revealing shareholding changes via a TR1 in a timely fashion should be a criminal offence but is not. It is – in my view wrongly – treated rather like picking your nose and swallowing the bogies in public, as naughty but not serious. And thus, the rules are widely ignored and abused. Yesterday Howard White and his two sons ‘fessed up to ignoring the rules with regard to dumping Powerhouse Energy (PHE) shares. But old Howard is also guilty, in this case, of market abuse. This is black and white and the FCA really should act.
1011 days ago
I start with a bit of macro-political stuff but that does relate directly to a) Gary’s tip today and b) my muted enthusiasm for UK PLC shares. Then it is onto Kavango Resources (KAV), seemingly moving goalposts to avoid accusations of failure. Finally Colin Patterson of Bluebird Merchant Ventures (BMV) popped in after this recording. FWIW, after the meeting I conclude that the shares are a VERY STRONG BUY.
1011 days ago
If you see Lucian tweeting out #COYS or Buy Cineworld (CINE) you know what has happened!. I start this podcast on the subject of home made apple juice then cover Cineworld, Alien Metals (UFO), Skinbiotherapeutics (SBTX) and Jubilee Metals (JLP)
1011 days ago
An RNS is meant to inform, to give clear information allowing we investors to asses exactly what is going on. Of course, Canadian Overseas Petroleum (COPL) thinks that an RNS is just an excuse to muddy the waters even further, hiding the trouble that it is in. Today we have another effort of this genre. It is to do with the issue of death spiral shares.
1011 days ago
Re-recommended at a 155p offer price in July after we previously banked a more than 40%, less than 7 months, offer-to-bid gain on the shares, Wood Group (WG.) has noted “recent speculation” and confirmed that it has received three possible cash offer proposals from Apollo Global Management, the most recent of which was at 230p per share and unanimously rejected by the board as it considers it “significantly undervalued the repositioned group’s prospects”.
1012 days ago
I told y’all that this would happen numerous times and explicitly a couple of days ago after the latest Court hearings in the USA HERE. Today Cineworld (CINE) has stated, in no uncertain terms, that its shares are worthless under every scenario. Amazingly the shares are down by only 23% at 3.05p. Yes some folks are buying the shares!
1012 days ago
It is now day 4 of the Versarien (VRS) Annual report watch. There is still no sign of the document. Even the PR is being kept in the dark as to what is happening and what loathsome Neill Ricketts is so keen to hide. Hint. SMTM. With Versarien shares now 97% down from all time highs who is to blame?
1012 days ago
A bottle of NZ Pinot Noir at £15? A fine choice sir to add to your collection but with clients like Caracal Gold (GCAT), still not paying outstanding fees of c£100,000 are you sure you can afford it? Oh, the FCA Enquiry into Caracal hotting up you say, the shares collapsing to just 0.225p, the Silverwood debacle a bit of a £1m pain: you need to drown your sorrows? I understand perfectly. To win nothing at all how, post your caption to respond to Andrew Monk’s latest crass ostentatious display of his wealth in these times of austerity, in the comments section below.
1012 days ago
Shares in Chill Brands (CHLL), pumped by a spoof-tastic announcement the other day, are now sliding fast. 2+2 =4. The first 2 is that attempted ramping.
1012 days ago
The word on the Street is that the level of boardroom greed at MGC Pharmaceuticals (MXC) is causing increasing unrest among some of those hitherto supportive of the company. Meanwhile the share price continues to tank and I think that we can all guess why. The shares were 2.25p, valuing this crock at £70 million, on January 11 2022 when I published this extensive bear dossier HERE. Today they are just 0.475p, off another 15% today and valued at just £13.7 million.
1012 days ago
A two million share trade went through at just 5.5p earlier. Natch the Bulletin Board Morons saw this as great news, arguing that a big stock overhang had gone and that the shares would now rocket. To be fair they have bounced back but this just shows what happens when Liquidity is gone and we know that there are massive sellers coming at almost any price.
1015 days ago
Earlier I showed the looming cash crisis at Neill Rickett’s failing Versarien (VRS). Ricketts is trying to pump the shares claiming that graphene is a “growth business”. He is ‘avin’ a giraffe.
1016 days ago
Shares in Castings plc (CGS) have recently recovered to above 350p after positive trading and results statements towards the end of last year. However, they remain well down on levels achieved in prior years despite a positive outlook and look to be a value and income Buy at current levels.
1016 days ago
“I cannot remember the last time that I saw such a duplicitous dishonest company, this has to be one of the easiest shorts out there at the moment!” says Evil Banksta of Canadian Overseas Petroleum (COPL). He is not alone, Lucian Miers has also called in from the grim North today, outraged as to how the FCA allows Canadian to publish the sort of misleading piffle it has today.
1016 days ago
Oh dear. Oh dear. The words “strategic review” are always bad news. What they mean is “we are screwed will anybody buy us.” But let’s start with a lack of profits warning from Purplebricks (PURP) and, as ever, it is what it does not say that should worry the muppets who still own the shares.
1017 days ago
It is ouzo time for Fraser Perring of Viceroy and for Boatman Capital. The bears look to be wholly vindicated as Home REIT (HOME) has fessed up to a collapsing business model and has put its rag bag assets up for sale. Indeed it has had one offer but that looks to be related party and shareholders should not expect to get much. This is a scandal and exactly why bear raiders are so needed. Shares in this company were almost 80p when Fraser published his dossier last November. The shares are now suspended at 38p and shareholders will be lucky to get pennies.
1018 days ago
I realise that I have yet to post the olive oil for to the winner of the readers tips of the year contest. Fear not I shall. But the prize in this contest is a small jar of my home grown and picked radishes. This competition is brought to you thanks to Versarien (VRS) a favourite company of this website whose shares are worth 0p and which is run by a loathsome bully and disgraced ramper Neill Ricketts. To the contest…
1020 days ago
Zamaz (ZAMZ) where Dominic White of the fraud Supply@ME Capital (SYME) infamy is the founder and non-executive director and owns via 66.29% of the shares via companies he controls, has announced another acquisition which begs more questions than answers, not least a looming financing crisis.
1020 days ago
In a previous article, I exposed that the fair value of the ordinary shares in Tintra (TNT) that should be required to be valued in the accounts of Tintra Acquisitions Limited but clearly weren’t of £7,446,291. In this note, I highlight another material asset that wasn’t recorded, that being the convertible loan provided by Tintra Acquisitions to Tintra Plc and this could make this scandal, one HMRC is bound to be investigating a £15 million one. That is three times the size of Nadhim Zahawi’s recent “scrape.”
1026 days ago
Money manager Peter Grandich has a message that our own Nigel Somerville will be delighted to hear. Peter discusses the potential for this gold bull market and why it’s likely extraordinary. He says that Central Banks are buying at record levels, and many of those buying are doing it for safety reasons. He says that you should not bet against the Fed and don’t bet against central banks when it comes to gold and hence mining shares have yet to reflect what is happening, and are, arguably, as cheap as they can get regarding the price of gold.
1026 days ago
I wonder if BBC journalist David Henderson, Pravda’s business correspondent in the second world post industrial transgender friendly shithole that is Scotland, feels any guilt about losing folks stacks of cash by publishing fake news? Ahead of a ramptastic and wholly fictitious article about Scotgold (SGZ), an AIM listed company teetering on a financial precipice the shares traded at 44.5p. Then Henderson published as you can see HERE.
1030 days ago
Who does Anglesey Mining (AYM) – a company that pretends to be a wannabee miner but, in fact, for more than thirty years has engaged in a principal business of issuing more shares – think it is kidding with its latest pointless deal?
1030 days ago
The man who sold £3.5 million of shares at 243p AFTER sounding out folks about a placing which took place a few days later at 200p is gone. Yes, Peter Wall the CEO and ( for 18 months) “interim” chairman of Argo Blockchain (ARB) has announced his resignation with immediate effect.
1030 days ago
Total Market Solutions, owned by David Burton, earns its crust promoting penny shares for cash. It is open about it and let me be clear that there is absolutely nothing wrong in this trade although one imagines that Mr Burton has to hold his nose on occasion with some clients. But there is promotion and then there is telling outright porkies, which brings me to his tweet this morning about Vast Resources (VAST) when the shares were 0.66p.
1030 days ago
At 6 PM last night, nobody is watching O’ Clock, Ben’s Creek – CEO infamous Adam Wilson of Atlantic Carbon/Coal and Daniel Stewart disgrace – (BEN) announced that its largest shareholder MBU (main advisor the same Adam Wilson) had dumped 22,222,222 shares (5.92% of the equity) at just 18p. As with all share dumping by Wilson entities this is not what it seems and it stinks.
1030 days ago
In the wake of Gabriel Grego’s superb expose on Darktrace (DARK ), HERE, CEO Poppy Gustafsson made great play, as part of her range of responses, in buying 48,000 shares. But that was a spoof as Gabriel pointed out on twitter yesterday:
1030 days ago
On November 27 2020 shares in Deepverge (DVRG) traded at 27.5p and I challenged the company on its ropy accounts and over-optimistic trading statements. The CEO Gerry Brandon took to twitter to say that I did not understand accounts. He aggressively trolled and insulted me. I replied but in the end did block him. The shares are now 1.75p, Brandon was forced to walk the plank, the trading performance has been dire and even former advisers admit that he broke AIM rules. As such the tweet below has aged badly.
1032 days ago
I start with today’s bombshell expose. Either shares must be suspended or an RNS is needed to answer specific allegations, first thing on Monday. Then it is onto the FTSE 100 hitting a record high: buy, sell or hold?. Finally, the full Sharestock line-up is (almost) revealed. You can book your seats (50% of which have now gone) HERE
1032 days ago
I still own my shares in Red Rock Resources (RRR) if only as a constant reminder of my own folly. But on Friday they jumped by 17.5% to 0.34p. I am still well out of the money but I suppose every dog (with fleas) has its day. There are two rumours.
1033 days ago
There are already 39.664 billion shares in issue for Iconic Labs (ICON) a company with a past of disgrace and no business. Today it spelt out in part just how much more confetti will hit the market. Still the morons can’t do the maths.
1033 days ago
I have warned you all repeatedly that Arthur Millholland is ALWAYS a kiss of death and that his latest venture, Canadian Overseas Petroleum (COPL) had piss poor assets and finances built on sand. As ever, savants such as our own PL cited bullish broker notes and other tosh saying that, as someone who started out as an oil analyst, I just did not understand what a great trade this was. Kerboom, a shock admission at 2.24 PM today means its ouzo for the Sheriff tonight and tears before bedtime for the bulls. The shares are now 8.5p, 45% down on the day, and even more down on the last placing at 20p, nine months ago. Kerboom!
1033 days ago
In today’s RNS Tintra (TNT) announced that it had received the US $10 million subscription at 1178 pence per share, a huge multiple to trading share price of around 185 pence per share down on the opening price by almost 12% at time of writing this article as follows:
1033 days ago
In today’s RNS Iconic Labs (ICON) announced two conversions from European High Growth Opportunities Securitization Fund (“EHGOSF”) as follows:
1034 days ago
Each month, Advanced Oncotherapy (AVO) needs between £1 million and £2 million to keep the lights on. And to date, each month Odey Asset Management has been writing a cheque, buying shares at 25p (par value) to keep the show on the road. But the shares are slipping and is this farce about to end prompting a share price collapse?
1037 days ago
In today’s podcast I start on Zephyr Energy (ZPHR), then move onto Caracal Gold (GCAT). I cover: Iconic (ICON), African Pioneer (AFP) and wretched Colin Bird, Probiotix (PBX), Optibiotix (OPTI) and Skinbiotherapeutics (SBTX). Then it is Norman Broadbent (NBB), the fraud Supply@ME Capital (SYME) and Versarien (VRS).
1037 days ago
In today’s Bearcast I look at Zamaz (ZAMZ), Love Hemp (LIFE), Mirriad (MIRI) and in depth at Versarien (VRS) as its shares slide again ahead of what will be appalling results and an auditors warning within 10 days. Neill Ricketts…it could not happen to a nicer bloke.
1037 days ago
I write as a shareholder in Red Rock Resources (RRR). But the broker note below, today being trumpeted on twitter today by boss Andrew Bell is complete and utter bollocks. The idea that Red Rock shares could go from 0.26p to 2.60p is just fantasy. There is more chance of me getting lucky with you know who by the weekend than of this work of fiction proving any where near accurate.
1037 days ago
After hours yesterday there came another TR1 from the chancers Jonathan Bixby and Mike Edwards, aka Durban Holdings, the folks who paid just 0.1p per share to obtain a stake of c31% in Cellular Goods (CBX) at the time of its 5p IPO in late 2021. Oh dear. I have told you repeatedly that this would be messy.
1037 days ago
How many times has cyber security group Corero Networks (CNS) lead its shares up the hill with ramptastic announcement after ramptastic announcement only to admit that it was running out of money, needed to do yet another bailout placing and seen its shares slide back down the hill again? Corero has been listed since 1997….
1038 days ago
I am as frustrated as the rest of you by the failure of the share price of Bluebird Merchant Ventures (BMV) 1.725p, a £10.7 million market cap, is far too low if, I repeat, IF, it delivers what it has promised in South Korea and the Philippines. But this is a mining junior and IF is the operative word. IF it delivers I see these shares heading to 4p+ so I asked the company what was not happening.
1039 days ago
In today’s podcast I discuss the naivete of the spider kisser over Coro Energy (CORO) but my main focus is on the fraud at Revolution Beauty (REVB). How on earth are Tom Allsworth and Adam Minto not heading for jail. And as for the shares….
1039 days ago
Back on December 8 2022, poisonous spider kisser Gary Newman tipped Coro Energy (CORO) at 0.31p HERE. I then explained why Garry should stick to snogging spiders as anyone tipping a James Parsons run company was bonkers. The shares are now just 0.24p mid and there is an RNS that the market is yet to digest. It is horrific.
1046 days ago
Not for the first time I find myself writing to the FCA as the regulator, no sniggering at the back, of the Standard List. And not for the first time it is about Canadian Overseas Petroleum Limited (COPL) which appears to be in terrible financial trouble and is now, apparently, breaking listing rules. This company’s shares should be suspended at once pending a statement. The letter is below.
1046 days ago
Shares in Home REIT (HOME) are now suspended at the company’s request despite it insisting that allegations made by Viceroy Research and Boatman Capital are groundless. BDO London is now investigating those (groundless) allegations as part of its audit. Boatman has now written to BDO flagging up some new areas of concern. The letter is below. Ouch!!!!
1050 days ago
With breathless excitement the BBC here in Wales has pumped out an exclusive story which has prompted some of the sheep shaggers to fill their boots with shares in Anglesey Mining (AYM) prompting a bit of a spike in the share price. But it is all bollocks. And a prelude to a deeply discounted placing. The sheep shaggers here in Cymru are going to get their fingers burned. Shame on the BBC for failing to do even basic research. Its article from one day ago is below.
1052 days ago
Historically, it was rare for listed companies to delay publication of their audited results. However, it is becoming more common for UK listed companies to have to delay the publication of audited accounts because their auditors have not yet completed their audit work. In the event of severe delays this can result in the suspension of their shares. I have listed below 4 companies which have had to delay the publication of their audited accounts and have had their shares suspended from trading as a result.
1052 days ago
Some things in life never change. There is the beauty, innate sophistication, angelic voice and native intelligence of Ms Cheryl Cole for starters. And then there is the ability of Arthur Millholland to enrich himself while obliterating shareholder value by issuing a blizzard of new shares while spunking other folks cash. Whilst I would like to spend the day considering Ms Cole, instead it is Millholland’s latest gravy train (for him) Canadian Overseas Petroleum (COPL) to which I must attend.
1053 days ago
Maybe it is a New Year’s Resolution? Cineworld (CINE) appears to to have turned over a new leaf and is, via RNS, now giving some commentary on how its equity is slowly being destroyed completely via the Chapter 11 process that kicked off on September 7.
1053 days ago
Okyo Pharma (OKYO) has not updated its website and so has still not filed results which include a P&L, balance sheet or cashflow statement. I have alerted the FCA to this and in a normal world the shares would be suspended. But this is the FCA which will be too busy reading woke porn to actually do anything. So what might Okyo be hiding?
1053 days ago
I discuss manic swings between optimism and pessimism, my own pessimism re the world and UK PLC but my relative optimism on shares. Then I discuss 4 stocks almost making it as my share tips of the year but not quite – 3 sells, 1 buy.
1053 days ago
Evil Banksta flags this up on the comments section but this merits a wider audience. This is a disgrace. The great bear, with grammar corrected by myself and a bit of added poison from me, notes:
1054 days ago
I start with a health update, finally some joy from the NHS and, even before that, I am starting to feel better. Then it is onto Pantheon Resources (PANR), Inspirit (INSP), and Atlantic Lithium (ALL) and share options, incentivising the dead. Then macro calls on interest rates, inflation, the real economy, shares, bitcoin, gold and oil. Details of ShareStock 2023 on September 23 are HERE
1057 days ago
Ben’s Creek (BEN) shares have zoomed ahead by 15% today to 24.5p on news that shareholders are being shafted. They seem to love being screwed without lube by disgraced CEO Adam Wilson of Atlantic Carbon and Daniel Stewart infamy. Words fail me.
1057 days ago
Jubilee Metals (JLP) has issued a ‘Zambia and Corporate Update’, including noting “successful completion of the water infrastructure upgrade at its Roan Project and continued advances in the production of cobalt and copper from waste at its Sable Refinery in Zambia”. So what with the shares currently at 10.25p in response?
1059 days ago
I got up early to do part one of my Christmas Carol series today. I had been lying in bed thinking about it and some of the jokes for hours. I hope you enjoyed it. Part two will be tomorrow when we also start our tips of the year, a series of 20. Today I discuss Versarien (VRS), Cellular Goods (CBX) and “the gang” and Advanced Oncotherapy (AVO) where – with the shares now at less than half of par – matters are getting critical and the final collapse could be imminent.
1059 days ago
The David Beckham backed CBD play Cellular Goods (CBX) was listed at 5p in February 2021. Today the shares are plunging ( off 21% ) to 0.75p and things are only going to get worse. I did warn you. Let’s start with the rats.
1063 days ago
The shares have collapsed 80% today and from 4.25p on November 3. I explain why that matters and why heads must roll as this stock is now just not investable.
1064 days ago
I get up off my sick bed to find numerous emails from my fellow shareholders in Kefi Gold & Copper (KEFI). I am told that the shares are “collapsing”. Hmmmm so a 1% fall is a collapse: whatever you say.
1064 days ago
It was only just over two years ago that shares in the fraud Verditek (VDTK) reached 18p at peak Mike Walters ramp. But, like so many stocks promoted by old mother Walters, Verditek was a fraud and now the shares are just 0.6p. This website has exposed the way Verditek has made announcements about big new contracts on a serial basis since 2017, ramped the shares, got a placing away only to ‘fess that the contract was bogus. The problem with frauds, as Mrs Thatcher might have said, is that eventually they run out of other people’s money. That point will arrive within months
1064 days ago
I have always warned folks about this company, even before its shares were suspended at 30p last Christmas Eve, giving it a £250 milllion market cap. Others ramped away or took vast fees (bucket shop adviser Novum and PR Chris Lane at Buchanan) step forward. But this was always a failing business drowning in red flags. Today it ‘fessed. Well sort of. It also lied.
1066 days ago
The last stated NAV of Asimilar (ASLR ) was 25p per share. We knew it had taken one hit (AAA) but still the NAV should have been c20p (ho ho ho). On Wednesday its shares plunged by 32% to sub 4p begging me to ask this question.
1067 days ago
20 months ago with its shares approaching 0.1p par Vast Resources (VAST) did a 100-1 share consolidation, telling its credulous shareholders that this was to help it pay a dividend. No sniggering at the back please. A series of fund raises and ongoing operational failure later, the shares are now 0.17p-0.19p. That is a major issue as Vast is again almost out of cash. This time that could be fatal. We are in a nuclear winter for small caps.
1067 days ago
A wise man suggests that I should not publish the details below of the alleged $100 million social media shares fraud as it might give certain folks in Airstrip One a few ideas of how they can up their game. But I do so anyway. Can you think of a podcast host who invites on private investors posing as BSD traders to pump their stocks with daft price targets. Who checks on whether the host or guests trade into the spikes? As for twitter pumpers…don’t get me started. Anyhow enjoy what is below, and if you have comments about UK citizens engaging in similar practices post away and I will approve.
1067 days ago
Yesterday shares in Asimilar (ASLR) plunged 32% to sub 4p. The last stated NAV was – at March 31 – 25.3p so why the plunge. There are three scenarios.
1068 days ago
So the rapidly deleted web pages from the Argo Blockchain (ARB) website, which you can see HERE, were real – it ‘fessed last night, Chapter 11 is a very real possibility. The statement will bring no comfort to the bulls bit at least it means the shares can trade again and they have duly slumped by 48% to 3.5p. That is 3.5p too high.
1068 days ago
Back in August the serial deceivers at nanosynth (NNN) announced a death spiral deal with the shysters at Lanstead claiming it “is pleased to announce a conditional subscription to raise £2,942,500 through the issue of 535,000,000 new ordinary shares of 0.01 pence each in the Company at a price of 0.55 pence per Ordinary Share to institutional investor Lanstead Capital Investors L.P., together with a related sharing agreement pursuant to which the Company pledges the gross proceeds of the Lanstead Subscription.” Morons did not read or understand the small print. Now bankruptcy looms and morons who bought into that RNS should be rightly furious with the company and its advisers.
1070 days ago
I explicitly warned you to dodge the Procook (PROC) IPO at 145p on November12 last year. Since then there have been a catalogue of profits warnings and today, just 40 days after the last trading statement there is another savage warning. It will not be the last and the shares, at just 28p, are for morons and financial masochists only.
1070 days ago
Tom First things first. We have now passed 50% on the Woodlarks Christmas appeal. If you can help us raise just another £1500 by donating a tenner we are there. Please donate HERE. Secondly Argo Blockchain (ARB) shares have been suspended. An extra ouzo for me tonight. I discuss reference the screen grab, of a page now deleted by Argo or maybe not, below.
1074 days ago
Shares in Versarien (VRS) now linger at just over 10p. Just over four years ago they were 182p. Some folks have lost 94% of their money. Many more who believed the promises of jam tomorrow and the outright deceit of boss Neill Ricketts, a man who himself is the largest shareholder having invested a paltry £4,000 for his shares. He has taken out millions in salary, bonuses ( for what FFS?) and by dumping shares as he urged others to buy. So who does Neill Ricketts say is the real victim here? Guess…
1074 days ago
These days he goes by the name Lord Ashbourne but I shall always know Edison’s mining analyst as the convicted felon Charlie Gibson. Anyhow yesterday he was not thrashing some peasant for being a dirty oik or driving while sloshed but instead penning a note on Kefi Gold & Copper (KEFI). Of course Kefi pays for this research but that makes its steer on a placing all the more relevant. No it is NOT doing one right now as I keep being told by folks who will not accept a slam dunk denial from ‘arry Adams.
1075 days ago
Since I wrote about Tintra (TNT), its rule breaking and interim results on 27 October, it has busy with a few new announcements. Is this now a quarter of a billion dollar spoof?
1081 days ago
Yes. The share price. Up 30% at the start now 17% ahead at 5.4p. That has changed. But anything else?
1082 days ago
My pal Fraser does not think much of Home REIT’s (HOME) formal response to his bear dossier and now adds to the savaging of “shy bear” with his own formal response, below in full. Mr.Market agrees with Fraser, the shares are off another 9% at just 51p. His rebuttal below is pretty brutal.
1082 days ago
Given that Versarien (VRS) is now running on vapours, the pointless creation of loathsome Neill Ricketts is desperate to pump its shares as hard as it can to get a bailout placing away. Yesterday we saw lovable oaf Craig from Big Brother 2001 roped in. Today we see the use of the local rag.
1082 days ago
Tomco (TOM) arrived on AIM via an RTO int a failed tech business just in time for Christmas 2006. Was that a White Christmas? I only ask because I am dreaming of one and the chap behind that RTO was Howard Crosby, nephew of Bing and cousin of Mary who shot JR. More than £5 million was raised at 2.5p. Wind forward today and, accounting for a 2017 200-1 share consolidation, the shares at 0.335p, are 99.933% down. Can any AIM dog, still going, match that record of disaster?
1082 days ago
I refer, of course, to news today that that Boohoo (BOO) has increased its shareholding in Revolution Beauty (REVB) from just under 13% to 26.4654% even though Revolution Beauty shares are suspended as it still cannot bottom out the size of a fraudulent accounting black hole. So is boss Mahmud Kamani mad or a genius?
1097 days ago
There has been a concerted attempt by Versarien (VRS) to ramp its shares in recent weeks. The reason, though it has yet to ‘fess to it is that it will be out of cash, burning cash and having stiff debts to support by Christmas. It clearly needs to do an emergency placing fast, hence the ramping. Let’s start with the just released video below starring lovable scouse oaf Craig Phillips, the winner of Big Brother 2001.
1102 days ago
Back in June of this year Justin the Clown told his followers, both of them, that he had filled his boots with eEnergy (EAAS) saying “My new investment that fits ALL my filters”. I am sure that is true, the shares were then c9p. They closed Friday at 6p before the company issued dismal results at 5.40 PM, nobody is watching O’clock. So yes, eEnergy does fit the classic Clown filters. But it gets worse.
1103 days ago
Speciality agriculture and engineering group Carr’s (CARR) has issued an update including that “the expected completion date for the group’s audit and publication of the group’s FY22 audited results is now mid-January 2023, later than the 3 January 2023 deadline required” but that it “has continued to perform strongly”, so what’s going on?
1103 days ago
Reader Ouzo man is brave enough to be short of Versarien (VRS) historically this has been a wise move but the shares have surged in the past couple of weeks to 21.5p from a low of c13p.
1103 days ago
According to City AM the owners of AIM listed POS bars chain Nightcap (NGHT) are Sarah Willingham and Michael Toxvaerd. Funny, I thought that it was long suffering shareholders who owned this financial abomination where every single person who has ever bought a share and held is now out of the money with the shares trading at just 8p-9p.
1104 days ago
On the evening of 7th November I revealed how perma-dog ( with fleas) Applied Graphene Materials (AGM) was trying to raise money at just 2p even though the shares were 12.5p at the close the working day before. The next morning it fessed, citing my article, and admitted that the issue had been pulled and that it only had cash to last until January 31. The late Mama Cass put a date in her diary for a new gig. Today comes the words every investor dreads “strategic review.”
1108 days ago
Back on 14 October when Yourgene (YGEN) shares traded at 4,25p I warned that the company would almost certainly run out of cash and would need to do a fund raise, HERE
1108 days ago
In September 2015 with its shares at 53p Condor Gold (CNR), backed by my old pal Jim Mellon, announced that to maximise shareholder value it was putting itself up for sale. But with no takers by January 2016 and with its shares back at 20p it called the process off. Today: guess what? It is up for sale again! The shares are now 24p! So much progress in almost seven years!
1109 days ago
When David Budd joined Genedrive (GDR) as its CEO in early 2016 the shares were 116p. Today after diabolical full year numbers the shares are now just 10.5p. So we are all in it together right? Er wrong. While investors have lost 91% of their cash Budd has trousered just over £2 million including an inexplicable 2020 bonus of more than £207,044 taking his total package that year to £444,615. Oink. Oink. It gets worse…
1110 days ago
Even Pete Brailey the most staunchest of Tory members you could ever meet says he has given up on the party after today’s budget. I go through two lies Jeremy Hunt told and consider how he has screwed the poor, those of us running SMEs and is protecting super rich folks with sons at Eton with another lie. Like Peter I shall not vote Tory next time. Then onto a man who is not a liar, Optibiotix (OPTI) boss Steve O’Hara and the presentation he gave today which is below. I mention Skinbiotherapeutics (SBTX) and an email exchange today at this point. Then a few words on Kefi Gold & Copper (KEFI) follow then on to Argo Blockchain (ARB) which I expect to go bust next week and Ceres Power (CWR) whose valuation is still bonkers despite the shares slumping by 80% since peak ramp.
1110 days ago
Oh dear, oh dear, more bad news from the green pipedreams, slurp the jam tomorrow and forget about the bonkers valuation sector. Today it is Ceres Power (CWR) an AIM listed company repeatedly recommended by our own in-house Guardian reading eco-Warrior Malcolm Stacey but red flagged by myself and Peter Brailey. Its shares are down by 65% year to date and by c80% since February 2021, the peak of the green bubble madness.
1110 days ago
Shares in Tesco (TSCO) were above 270p as recently as August but have fallen back significantly as it faces clear macro challenges. However, it has a long track-record across economic conditions and we consider the share price fall has been too extreme.
1110 days ago
There is no way that this turd can be polished. It is a turd for housing market bulls. The latest monthly survey from the Royal Institution of Chartered Surveyors (RICS) covering October is even worse than that for September which was itself pretty dire. Those seeing value in anything housing related shares ( Comrade Stacey?) need to take a reality check.
1111 days ago
The bond market is nearly always a better guide to the value of equity than the equity share price since the latter – in situations of distress – is largely driven by bulletin board morons in denial who are trading the stock while institutions are unable to sell large positions so just sit there like rabbits in the headlights waiting for the end. So there are some folks who reckon that buying Argo Blockchain (ARB) shares at 8.5p giving a market cap of £40 million is smart…
1113 days ago
Digging a hole in the road should not merit an RNS but when you are desperate to ramp your shares ahead of the next bailout placing, needs must.
1113 days ago
Dragon’s Den “star” La Willingham tells shareholders in Nightcap (NGHT) that for her the past year has been “eventful, fun and, at all times, rewarding”. With her bonus scheme and that for her husband Michael Toxic, that may be true for her family. The shares listed at 10p, peak ramped at 33.5p and the last placing was at 23p. The shares are now just 9p-10p after today’s dire results. So anyone who has ever bought a share in this company since its January 2021 listing iand who still holds is now out of the money. Do mug punters in Willingham’s vanity PLC regard this experience as “fun and rewarding?” It will only get worse for them.
1113 days ago
Sylvania Platinum (SLP) has announced “best quarterly production since the COVID-lockdowns in early 2020. This increase in production ounces and the 2% higher PGM basket price recorded in the quarter, resulted in stronger profits”. The shares have currently responded up to 92p and there looks more to go.
1113 days ago
Secondary lender PCF Group (PCF) was an AIM sewer high-flier with its shares trading at above 40p just over 4 years ago. Today after news that it was winding down its loan book and delisting the shares are just 0.56p and the man who is to blame for the chain of events that led to today’s bombshell is David Bull, until August chairing Eight Capital Partners (ECP) and running the Audit Committee as a NED as its bastard big brother the fraud Supply@ME Capital (SYME). Is he the most toxic bean counter in the small cap world?
1113 days ago
I am no longer tipping Red Rock Resources (RRR) as, I feel that its failure to monetize assts and thus prove what they are claimed to be worth has gone on for too long. Why can’t it monetize even one asset? The failure to do so means more fund raisings and that, to me explians why the shares I still own after almost three years have been such a duff investment for me. But boss Andrew Bell has another excuse…
1114 days ago
I start by discussing apple pressing: I am still at it. Then I look at Tern (TERN), Amur Minerals (AMC), Joules (JOUL) and Eurasia Miniung (EUA) as it heads for a cash crisis.
1121 days ago
Is it 10? Is it 12? You decide. You may say there are a couple of cheats in there. Enjoy.
1123 days ago
After that apology to most of the citizens of a nation that has turned Philistinism into an art form I discuss the Bank of England hiking base rates by 0.75%. Then it is onto ouzo man and Purplebricks (PURP) before I turn to two gold stocks that could now rocket by Christmas, Kefi Gold & Copper (KEFI) and Bluebird Merchant Ventures (BMV). I own shares in both and both have two reasons for a dramatic near term re-rate. Then Trainline (TRN) where the outlook is not so bright.
1123 days ago
Jonathan Rowland the son of the colourful “Spotty”, and the founder and boss of crypto-shite play Mode Global Holdings (MODE) has been deleting some tweets of late, notably those where he trolled Gary Newman for suggesting that shares in his promote, masquerading as a company, were grossly overvalued. Over the past year the shares have collapsed by 91% and now trade at just 3.2p. In light of that, perhaps investors might wish to review some of Rowland’s tweets he forgot to delete, as we have now saved them for posterity. Oddly Rowland is not tweet ramping these days, I can’t think why. Enjoy.
1127 days ago
There has been news but no RNS. So for 24 hours there has been a false market in Cineworld (CINE) with morons now buying the shares at c8p or higher. They are misunderstanding what has gone on in a void as Cineworld has issued no RNS statement. This is a regulatory disgrace, which again shames the FCA, but take advantage of it and short the feck out of the shares.
1127 days ago
While the brokers told you to fill your boots with shares in Made.com (MADE) after its £775 million IPO last June, I warned you again and again that this would end badly, as you can see HERE. Made featured prominently in my 2022 ShareStock presentation. This company never had one profitable year in its 12 year existence and now as it calls in the administrators, shareholders have lost everything and the recriminations begin, led by establishment knobhead Brent Hoberman who founded this crock.
1128 days ago
I have warned you for a long time, notably with this dossier HERE, that Standard Listed MGC Pharmaceuticals (MXC) is a dog with fleas drowning in a sea of red flags. Today’s quarterlies, coming after six ramptastic announcements so far this month are piss poor and written with intent to deceive.
1128 days ago
On 24 October Vast Resources (VAST) held a GM where shareholders voted to allow it to issue more shares. But fear not, the chairman stated “ It should be stressed that there is no commitment at this time to issue the new equity share capital for which authority is sought, and it remains the policy of the Directors to minimise such issues.” That was deceptive as the company HAD to raise money this month to avoid going bust. Today, as I predicted, came the deeply discounted placing.
1128 days ago
Previously writing on early stage financial services businesses investor B.P. Marsh & Partners (BPM) last month with the shares at 302p we concluded that they were still a Buy ahead of results for its half-year ended 31st July 2022. The shares previously closed at 284p but are now 304p on the back of the results.
1128 days ago
Comrade Malcolm Stacey is yakking on about buying green shite shares again today. I explain why he is wrong at four levels to do so. I reference an article I wrote today HERE on floods in Pakistan and a few years ago on droughts in Zim South, specifically Cape Town. On Global warming do not acccept what the MSM, especially Malcolm’s pals at the BBC tell you, drill down to the core facts… Today’s episode shows again that there is no “house view” on this website
1128 days ago
In today’s podcast I cover Bidstack (BIDS) where after today’s disingeneous ‘fess up folks are delusional. Then I look at Parsley Box (MEAL), Vast Resources (VAST), Canadian Overseas (COPL) and Argo Blockchain (ARB
1133 days ago
With normal companies and normal investors, one assumes that if a big stockholder has been selling you will see a TR1. But in some cases you would be wrong for making such assumptions. You will remember that Genflow Bioscences (GENF) was created for the Standard list by convicted penny share pump and dump fraudster Ron Bauer and his “known associate” Adrian Beeston. After the IPO at 8p in January of this year family Beeston and Bauer held c20% of the equity. Today the shares slumped to just 1.9p
1133 days ago
My youngest daughter believes that Peppa Pig is a work of literary genius. Her big sister Olaf believes in man made global warming. Joshua believes in Father Christmas and I have some belief about what woould be good for Cheryl Cole. Meanwhile, Cliff Weight of Sharesoc and our in house BB messiah PL believe in the utility of broker research. I bring you three notres on Made.com (MADE), floated at 200p last June and shares in which are now c1p.
1134 days ago
Hurst has not stuck the ball in the back of the net yet but the crowd of bears are on the pitch clutching bottles of ouzo and is that a Fat Lady I see among them? Surely this disgrace from the IPO class of 2021 is doomed after the latest news? You cannot say that I did not, on numerous occasions, warn you all
1135 days ago
The silence is ominous. If Deepverge (DVRG) cannot get a placing away it will have no cash and £4 million of debt (plus interest) to repay. It is, in short, screwed. Toast. Kaput. A dead parrot. It wanted to raise £9 million at 5p. Then it became at 3p. Then, the word is, it became 2p. But with the shares are now just 2p to sell…
1138 days ago
Time and time again I warned on this website that Appbox Media and OneTrueView were boiler room scams. In all £65 million was stolen from investors who have lost everything. I did contact the FCA about this matter and in May this year, Mark Steward Executive Director, Enforcement and Market Oversight finally replied. He washed his hands of the matter which is good news for the chaps involved as they are at it again! Maybe they can take the total stealings to £100 million while the FCA sleeps.
1140 days ago
I take an old fashioned view that an asset has value if it generates or will generate cash. In my view the assets of Deepverge (DVRG) do not fall into that category and thus have no value making the company worthless. Mr. Market may or may not disagree but where I stand is clear. Hence I have never owned the shares, never would and have always been 100% bearish. Simple eh? Not simple enough for one poster on the ADVFN asylum…
1140 days ago
This is clearly a disorderly market. If the investor flagged up by Argo Blockchain (ARB) who was thinking of investing £24 million at 27.6p is going ahead the shares are dirt cheap as a trading buy. If not then, ceteris paribus, Argo will have gone bust by Christmas. It is a binary bet and Mr Market is telling you that it looks more like the adverse outcome than the positive one. But we can all agree the market is somewhat disorderly. So what the feck are the Oxymorons at AIM Regulation playing at?
1140 days ago
I explicitly warned you to dodge thie Procook (PROC) IPO at 145p less than a year ago. Today after a second quarter trading statement which saw frantic turd polishing the shares are just 35p. And, whatever the company says about Q2 trading, things are just not going to get better.
1140 days ago
When I started exposing the fraud at Zoetic, now Chill Brands (CHLL) the shares were 76p. They are now 2.4p and, FWIW, running out of cash again so a sell. The other side fought hard. Seth Freedman – who had harassed Harvey Weinstein’s victims for Harvey - was engaged by a shareholder to threaten, menace and harass me and also two other writers here and a PR girl who is known to be a friend of mine. Shame on Freedman and those who defend him like Evil Knievil. I was not bullied into silence and so, after the massive Worthington vindication earlier, here is another one a, a letter from the Financial Reporting Council.I complained to it about Chill’s accounts. Hey presto, the FRC took action and – as you can see below – forced Chill to restate.
1140 days ago
Mr. Market is telling you that there is something horribly wrong at Argo Blockchain (ARB) and that could well be a looming insolvency. A company that really was going to raise £24 million at 27.6p as Argo promised it would on October 7 would not see its shares languishing at 12p to sell. I have written to AIM Regulation as this is, one way or another, a false market.
1141 days ago
Oh dear, oh dear, shares in Deepverge (DVRG) run by Gerry “the journalist trolling arse” Brandon have collapsed again today and are now just 2.25p bid, 2.375p mid. And to think that – as I exposed HERE – the company started its current bailout fund raise with Turner Pope trying to raise £9 million at 5p. Ooops. The arse assured us that the response from a roadshow had been positive but the share price today (off another 17%) suggests either frantic forward selling or that the placing is flopping altogether.
1142 days ago
Oh dear, oh dear. Some folks paid 2.6p for Chesterfield (CHF) first thing when news of the “sale” of its Canada assets was announced. But it’s a big fat Canadian spoof and the shares have retreated as even the morons picked up on this and are now 2p-2.3p. And when the deeply discounted bailout placing is served up for Christmas those buying at 2.6p. Ouch. I hope they lubed up. So this is why this is a spoof.
1144 days ago
Shares in Amaroq Minerals (AMRQ), formerly AEX Gold (AEXG), were above 40p in August before recently falling back to below 35p. They’re now back above 35p and we look for further recovery on upcoming news flow and sentiment improving.
1144 days ago
I have lost track of how many times I have exposed the various wrongdoings of Osamede Okhomina, the CEO of ADM Energy (ADME) but on the Cesspit that is AIM, in the end the Sheriff usually gets his man. The shares languished at 0.52p at the Friday close, 99.84% off their all time highs but there is good news which ADM will now have to confirm on Monday. For I can reveal:
1144 days ago
Yesterday, shares in embattled Deepverge (DVRG) closed at just 2.75p-3p despite the reports here that its biggest liability, CEO Gerry Brandon ( aka the arse) had been handed a P45 and black bag. So where does this leave the rescue placing?
1144 days ago
Yesterday at 5.38 pm the fraud Supply@ME Capital (SYME) issued a TR1 RNS stating that Venus Capital SA now owned 13.95% of Supply amounting to 7,900,000 shares based on the 56,617,688,143 SYME shares currently in issue. Cue major rejoicing by the morons on Twitter and the Bulletin Boards. The various myths that the morons invented when the first Venus capital allocation of 2,770,000,00 shares on 27 April 2022 when Supply had 40,239,339,950 shares in issue which represented over a 6% stake to explain away the fact that no RNS was issue have been conveniently forgotten for the time being.
1145 days ago
On 7th October Argo Blockchain (ARB) announced a three part emergency refinancing package. Two parts will see it limp through to November without calling in the administrators. The third part was news that an investor was preparing to stump up £24 million at 26.7p. But today the shares have fallen, again, to just 14.75p. Surely the Oxymorons at AIM Regulation must force a statement to clarify two vital matters:
1145 days ago
The thread consists of just three posts and was when Deepverge (DVRG) shares were 21p. A few months earlier they had crossed 40p. What was wrong?
1146 days ago
Oh Dear, Oh dear, what is it with Deepverge (DVRG) boss Gerry “the arse” Brandon and misleading investors? It is like Warren Beatty and his sex addiction, the arse just cannot help himself. He has admitted that my deeply discounted placing expose of yesterday is true and the shares have again collapsed. Oh dear. Oh dear.
1146 days ago
The FCA must approve any prospectus for the Standard List and it has approved that for the fraud Supply@ME Capital (SYME) so allowing it to issue more of its worthless shares. At a proper regulator heads would roll for these massive blunders.
1149 days ago
Of course, despite boasting that Tiger Royalties (TIR) is publishing its NPV, Net Portfolio Value, the shameless chancer and career penny share hustler Colin Bird neglects to tell us what current liabilities were at 30th September so we can only guess at that. More on that later but what we do see is a portfolio falling in value and becoming ever more concentrated in illiquid shit where Bird is in control. Today’s RNS is toxic.
1149 days ago
Imperial Brands (IMB) has announced year ended 30th September 2022 “trading in line with expectations with growth in aggregate market share for top-five priority markets” and that a strengthened balance sheet and achievement of target leverage are to enable the immediate start of an ongoing share buyback programme. The shares have responded positively, up to 1940p, so what’s the detail?
1151 days ago
Okay you did not need the brains of Lloyd George to work out that this was coming but the stench of panic in today’s package of emergency measures from Argo Blockchain (ARB) should un-nerve even Zak Mir as he is paid to ramp these worthless shares.
1154 days ago
You can sometimes get some borrow in Versarien (VRS) and if you can you should even with the shares, which were once almost 200p, having slumped to below 15p. The next collapse will happen and happen fairly soon. It is a when not an if.
1154 days ago
I reckon these stockbrokers must earn even more that those chancers my wife gets in to clean the windows and so I am a frustrated non buyer of a shares I have not owned before. Jaya and I did some due diligence at the coal face today and I explain why I may be buying if I can get hold of the great man tomorrow. Then it is onto Wildcat Petroleum (WCAT) and the corruption of the deadwood press (the Sunday Times in this case) and finally a detailed look at Malcolm Stacey favourite Strix (KETL) where I have been a bear. The shares are down 69% over the past 13 months and after today’s news I see an easy 30-40% more downside from here. With an EV of c£400 millionand a £270 million market cap it should be shortable and should be shorted.
1154 days ago
Essentra (ESNT) has issued “Sale of Filters and Packaging Completion of Sale” and “Appointment of New Chief Executive”-titled announcements and the shares have responded up by more than 15% to above 210p – Mr Market says it sounds like good news then.
1154 days ago
Shares in PCF Group (PCF) closed 2020 at 30p. Less than three months later they were suspended at 24p as a black hole created by its then recently departed numbers man David Bull emerged. It has been downhill ever since and today’s latest dire update has seen them collapse by 33% to 1.5p. But a spread of 1p-2p suggests market makers know that there could be far worse to come. This is Bull’s fault. Who on earth would employ him now?
1157 days ago
At just over a penny, shares in Powerhouse Energy (PHE) are down by more than 75% so far this year. At peak ramp on 31 December 2020 they were 9.8p. To all those folks nursing 90% losses thanks to the (undeclared) paid ramping of Zak Mir and the ludicrous claims made by the company including its disgraced ex chairman, the liar and former Tory Minister Tim Yeo, you know who to blame. And it is not me who did warn you, not that you wished to listen.
1157 days ago
I say soar. The shares are up 27% at 4.3p. To those dumb fund managers who ponied up £200 million (half from the company and have from investors bailing) at 200p in last year’s IPO that will be scant consolation. They are still almost 98% offside! The news is mixed.
1157 days ago
There are still some morons out there who reckon that mysterious offshore death spiral provider Venus is an actual investor in the fraud Supply@ME Capital (SYME) shares. They are encouraged in this delusion by the company but the reality is that Venus uses ramptastic and fanciful RNS’s from Supply to forward sell shares onto the morons and then converts loan notes into shares to cover. In other words it always has either a negative or zero position in the stock. You think it is just me saying that? Have a butchers at page 5 of the current prospectus which will allow Supply to issue even more billions of death spiral shares…
1157 days ago
I warned and I warned that this Mexican style fast food rollout would go badly and today shares in Tortilla Mexican Grill (MEX) have duly puked by 30% to 101p. It was just 362 days ago that this company joined the AIM sewer at 181p having raised £5 million for the company and £12 million for founders cashing in some of their nachos. Good call.
1158 days ago
As I exposed here yesterday, Colin Bird’s Bezant Resources (BZT) is insolvent and has deceived investors with its interims on Friday. I have written to its Nomad, Roland “fatty” Cornish, treating him with the respect he deserves, suggesting that the shares be suspended and that a statement is needed ASAP. Since he is almost certainly missing in 7 course lunch action today or perhaps sleeping luncheon off as he prepares for supper, I have ccd in the Oxymorons at AIM Regulation.
1160 days ago
Yesterday saw interims from Bezant (BZT) and Caerus (CMRS). Has Colin Bird deceived us all? Have King of the spivs Jon Bellis and London’s worst nomad, Roland “fatty” Cornish signed off on a work of complete fiction? I think they have and that Bezant shares should be suspended ASAP and Bird’s career of penny share hustling broughtto an immediate close. All is explained in today’s podcast.
1160 days ago
Back in February 2020 when Eurasia Mining (EUA) was trying its hardest to ramp its shares to the moon to allow its dodgy Russian backers to dump stock and for it to refinance, it paid the scumbags at ACF Research to produce a note which forecast that revenues would rocket to £341 million by 2021 by when profit after tax would be £160 million. Hmmm, today we had half year 2022 numbers and guess what? Have you got a microscope handy?
1160 days ago
Alpha Growth (ALGW) published its piss poor results for the six months ended 30 June 2022 today which showed a loss before tax of £454,635. The shares were off 7% at the time of writing this article which values the group at £11 million a multiple of almost 4 times net assets. This looks high compared to say Legal & General (LGEN) which runs asset management and insurance operations with longevity exposure which trades at a multiple of just over 1 times net assets, has massive scale and pays dividends. Alpha is less likely to join the dividend list than, well, Cheryl Cole and you know what.
1160 days ago
Avacta (AVCT) shares are off only 0.5p at 109.5p today despite some fairly piss poor half calendar year numbers as bulls were given two straws to clutch at: a sharp increase in sales and the lack of a bailout placing. Fear not if you are short: the denouement is only delayed and here is why.
1161 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.
1161 days ago
My Aunt Lucy ticked me off this morning for writing nasty things about folks. She wants me to be nicer to EVERYONE even folks like Colin Bird and Neill Ricketts. Hmmmmmmmmmm. In today’s podcast I look at Versarien (VRS), musicMagpie (MMAG), Saga (SAGA) and in detail at Tiger Royalties & Investments (TIR), Birds’s collapsing house of related party cards.
1162 days ago
Today the disgrace of a £77 million Standard List IPO Zamaz (ZAMZ) has announced its first acquisition, Ecocarni, “a purveyor of premium quality meats and associated products sourced from Italy and Argentina to both wholesale and retail customers, from its flagship store in Milan.” Some further extracts from the RNS are provided below:
1162 days ago
More ouzo on the cornflakes for the Sheriff of AIM as another 2021 IPO serves up quite dreadful news. After the debacle at Made.com (MADE) next up is Revolution Beauty (REVB) shares in which have been suspended since 1 September as it has failed to get sign off on accounts for the year to 28 February 2022. Now there is more bad news on two fronts: Lets start with the accounting tomfoolery.
1162 days ago
In today’s podcast, I look at Darktrace (DARK) as its shares slump again, Avacta (AVCT) , Novacyt (NCYT), UK base rate rises, nanosynth (NNN) and the dishonesty of journalist smearing and trolling Union Jack Oil (UJO). PS, Matt Earl, the Dark Destroyer, tells me that he has added to his Darktrace short today.
1162 days ago
1,271 folks follow Nigel Hassard on twitter for a non stop diet of tweets about why you should buy shares in Bidstack (BIDS). Given the level of delusion from Nigel the question one asks is who is he trying to fool? Himself or other morons? Take this absolute gem below.
1163 days ago
Some folks really do need therapy. Bidstack (BIDS) deceives its shareholders a fact I prove, its shares slump and who is to blame. Yes it is evil TW, the Jews and a gang of minions. I kid you not., Here are a few posts from the Bidstack and Avacta (AVCT) boards over at ADVFN for you to consider. I omit the one repeating the canard that I am a convicted tax evader ( never even been questioned) but the selection below demonstrates the paranoia and stupidity of some folks. But can you do better? If so add your examples of stupidity from the LSE and ADVFN Bulletin Boards or twitter in the comments section below. The deadline for entries is midnight Saturday.
1163 days ago
Proper companies do not behave like this. But those which are frauds care little for timely filings of paperwork at Companies House, they are too busy ppumping the shares to allow insiders to sell, death spiral financing to be secured. And that brings me to the fraud Supply@ME Capital (SYME) which apppears to be picking up on two years of missed filings as the screenshot below shows. Such industrial scale backfiling is not a good sign, it is another red flag to add to the forest.
1164 days ago
On 16 August I warned HERE that Made.com (MADE) would be lucky to end the year with its bottom of the range cash forecast of £5 million and that the company needed to get away a placing of £40 million. Two days later it ‘fessed that it was working on things with its advisers. Since then matter have got worse and worse and I wonder if this can be rescued at all. First up is the very obvious cash crisis
1165 days ago
Needless to say, the Oxymorons at AIM Regulation have failed to force serial dog Nanosynth (NNN) to correct the grotesquely misleading RNS of 26 August in which it claimed that a Lanstead death spiral deal meant that it had secured “ a conditional subscription to raise £2,942,500 through the issue of 535,000,000 new ordinary shares of 0.01 pence each in the Company at a price of 0.55 pence per Ordinary Share.” That was a big fat fecking lie and with the shares collapsing to 0.42p, i.e less than they were before the deal was announced and a couple of subsequent ramptastic bullshit RNS’s. Mr Market is waking up and smelling the coffee even if the bogus Sheriff of AIM, Marcus Stuttard, and his colleagues are asleep at the wheel.
1166 days ago
It is being reported in the Irish online publication, The Currency, that a businessman arrested on suspicion of alleged insider trading this week was trading in the shares of Open Orphan (ORPH). However the businessman was not working for the Irish company.
1166 days ago
The first big call on Naked Wines (WINE) was 18 days ago HERE. Then there was a big follow up article on September 6 HERE. After 2 announcements at no-one is watching O’Clock last night the shares have crashed by 40% today. I discuss where next as I ponder Evil Banksta’s generous gifts on Saturday.
1168 days ago
The shares are off another 15% today at 498p. That is less than a quarter of what they were, earlier this year when the fraudsters favourite journalist Ben Harrington was telling readers of the loathsome fake financial newspaper the Mail on Sunday that bidders were circling. So why are the shares trading lower. There are three reasons:
1170 days ago
Back in November of last year the CEO of Cake Box (CBOX) sold 3 million shares at 350p to mug fund managers. That means that over the past two years he has trousered £16.4 million at 170p and 350p. Lucky him. The company, which I have called out for months as a slam dunk car crash waiting to happen, has recently served up a horrific profit warning and its shares touched 90p. But then the CEO invested £250,000 at 121p and hey presto the shares are now 142p – more than halfway back to the pre-warning 180p level. This is absurd.
1171 days ago
My problem, as ever, is being to much of a nice guy. So, generously, have long argued that Cineworld (CINE) shares might be worth 2p. And I stay with that view after yesterday’s Chapter 11 news. Evil Banksta,, being a bankster, is by definition not a nice guy and so has been even more bearish. He stays short and bearish and argues that, in a best case scenario, the shares are going to 1.5p. And unlike Damian from Northern Ireland who should be in jail, he explains his reasoning in a balanced fashion, thus:
1173 days ago
AFTER the company announced that it was going into Chapter 11, Damian From Northern Ireland posted the video below urging folks to buy shares in Cineworld (CINE). Damian you should be in jail. For what he says is selective, quoting from the RNS about how deleveraging will strengthen the balance sheet etc, etc. But neglecting to mention the explicit warning that equity holders will be more or less wiped out. Unbelievably……
1173 days ago
Cineworld (CINE) has shocked nobody with half a brain or more by putting its US assets into Chapter 11 ahead of a “restructuring process”. Amazingly morons see this as good news! The shares were 25% ahead shortly after the RNS arrived. but are still 13% up at 4.4p. Madness. Cineworld is explicit about what is going on, stating:
1173 days ago
Ok that was part of my dream as Jaya and I went out buying the booze for ShareStock. I relay the dream in full and also an old joke. Then onto three companies where there may be financing issues very soon: Versarien (VRS), Deepverge (DVRG) and Wishbone Gold (WSBN). Finally Sharestock. If you want a ticket and have not booked you have just over 24 hours tpo do so and then I will close bookings as we have almost 80 folks coming. Secondly, if you are among the 80 and want supper here with the family from c6.15 LET ME KNOW BY EMAIL BY COP WEDNESDAY. You can book your seat HERE.
1173 days ago
The morons are getting terribly excited by an article by my old mucker Mark Watson Mitchell (HERE) suggesting that shares in Westminster Group (WSG) chaired by disgraced ex Tory MP Tony Baldry of the fraud 3DM infamy, are cheap as chips. The article is titled “Giving Money away” But it is all demonstrable bollocks targeting the stupidest investors to try and pump the shares ahead of a bailout placing. That will be the 35th such bailout in Westminster’s tawdry history.
1174 days ago
Oh dear, Oh dear, as my old pal Michael Walters would say as one of the many duffers he had tipped aggressively had an encounter with the Fat Lady. The house of cards that is Audioboom (BOOM), AAA, and Asimilar (ASLR) is starting to collapse.
1174 days ago
I start with a few words on the logistics for Sharestock, the supper with my family and Wednesday’s deadline for booking HERE. Then on why Avacta (AVCT) shares will collapse at any time, on retail-aggeddon and then onto the Malcolm Stacey view that we should all be in cash. I disagree witn the old Guardian reading loon.
1175 days ago
Shares in Cineworld (CINE) are rocketing. They were down to 2p. Today they are more than 50% ahead at just under 7p, valuing this company at £90 million. On the BBs folks are talking 10p and 20p. They have not been this excited and screamed “burn shorters burn” since they piled inro Petropavlovsk (POG) just before it went bust. Or Thomas Cook, shares in which surged from 4p to 14p in the last fortnight before it went bust!
1189 days ago
It is 8 days to Sharestock when 70-80 folks will spend the day in a tent on a raised garden on the banks of the River Dee, eight m,iles from Chester but in Wales! There will be free drinks all day and up to four meals of locally produced food. There is salmonand pike fishing, prize croquet but this day is for those who want to make more money from shares. It will be fun and entertaining with no speaker, least of all me, pulling their punches.
1189 days ago
Lucian Miers may have become a big fan of Cake Box’s (CBOX) egg-free mega calorie cream cakes but it seems that others are taking a different view. You have been repeatedly warned that this was a disaster in waiting and today there is a catastrophic profits warning and it is only going to get worse. How jolly glad the CEO and his Mrs who sold 3 million shares at 350 to poor dumb sheeple fund managers last November and 3.75 million 170p in September 2020 will be to have banked £16.88 million as the shares are now just 98p. And things will get worse.
1189 days ago
Last week the Dark Destroyer agreed to do a conference call with a few fund managers to discuss Darktrace (DARK). Some sad feck recorded the call and passed the recording to the Sunday Times which ran a big story “exposing Matt’s undisclosed short”. If only financial journalists on the deadwood press understood that short disclosures are only visible over 0.5%. So, for Darktrace that would be c. £18 million, way too big for Earl’s Shadowfall oufit. Earl is hiding nothing.
1189 days ago
Over the weekend I explained HERE why Boohoo.com (BOO) could go bust. Given the shocking corporate governance history here arguably it SHOULD go bust. Boohoo is just a bad actor on the PLC stage. Matt Earl, the Dark Destroyer, was an early critic of Boohoo but even with the shares having crashed to 44p, giving a £560 million market cap, he warns of massive problems ahead and quantifies the extra cash need: £200 million.
1191 days ago
The Bethany in question is Bethany Garner of Forbes who wrote an article a fortnight ago on the three cheapest CBD stocks in London. The trio were, as a I pointed out at the time, the most total dogs, draped in red flags in a sector on its knees. On Friday one of the three served up dreadful news and its shares slumped so I said Bethany should have her bottom spanked.
1191 days ago
OptiBiotix Health (OPTI) has announced that it now expects half-year sales in its new structure to be materially lower than expected and, though it expects sales normalising in the second half and healthy growth next year, the current year is to now be “insufficient to make up the H1 deficit”. We profusely apologise for the short-term disappointment though, having spoken to the company, what to do now with the shares down at 19.5p to buy, a £17 million market cap?
1198 days ago
It s just 16 days to Sharestock and I bought the big tent for it yesterday!. It will not just be about shares to short. Peter Hambro will talk about gold and how to play it. Chris Bailey will talk about making money from long only value investing in a bear market and 3 CEOs will face a 15 minute grilling from me, including Optibiotix boss Steve O’Hara and Cathal Friel of Open Orphan. But the short sellers presenting are legends.
1198 days ago
Having told a grotesque lie to investors about raising cash which it had in fact not raised, the board of Aquis listed Love Hemp (LIFE) should be in jail. Instead, with almost no cash, it limps on, its shares suspended as no advisor has signed up to replace Peterhouse, which quit when the lie emerged. Today another deceit.
1198 days ago
All is explained in the podcast but my pension has gone to nil cash after this trade. Then I look at Eden Research (EDEN), musicMagpie (MMAG), Cineworld (CINE), Boohoo.com (BOO) and Revolution Beauty (REVB). As of today 72 chairs will be needed for ShareStock on September 10. I am scrabbling to get them so if you want to attend please book early in case I need to do more scrabbling. Book HERE
1198 days ago
This statement should have come out on Friday but Cineworld (CINE) likes to treat its shareholders in the way that dirty peasants deserve. So is the company going bust?
1198 days ago
Thungela Resources (TGA) has announced results for the first half of 2022, noting “profit for the reporting period of R9.6 billion in a volatile operating environment (H1 2021: R351 million)”. This has currently helped the shares up to around 1500p, so how does the value look now?
1199 days ago
Two days ago it fessed to considering a debt for equity swap that would see shareholders almost wiped out. Today it could, as I warned, be even worse than that.
1199 days ago
We have not had any hard sales data from Chill Brands (CHLL) for an eternity. We had interims to 6 months 30 September 2021 then an admission that much of the H1 revenues booked may have to be backed out when FY to March 31 numbers are eventually released. In early May there was an admission that offline sales through retailers were essentially zippo and a claim that online sales via Chill.com were up by 30% in the three months prior. 130% of SFA is still SFA.
1202 days ago
I explained in detail earlier this week why Made.com (MADE) is going to HAVE to do a bailout placing. Floated at 200p just over a year ago, raising £100million by issuing new shares while existing shareholders lobbed out a cheeky £90 million of stock onto gullible institutions, the company is quite simply running out of cash. Today it “responded to media speculation” and essentially ‘fessed that I was right. This will be messy.
1203 days ago
Does our own BB savant PL still believe in reports from this company’s house broker saying that Canadian Overseas Petroleum (COPL) shares will roof it? Who is going to break the news to him that Santa and the tooth fairy are not real? Today’s Q2 numbers try to hide the point but are truly appalling.
1203 days ago
You will remember that when the old auditor to Versarien (VRS), run by loathsome charlatan Neill Ricketts, walked, the new bean counter said that it would not have sufficient time to sign off on results to March 31 so Ricketts extended the year end to September 30. But the shares are today sliding (again), off 10% to 18p, as chickens prepare to come home to roost.
1203 days ago
I warned before it listed that Abingdon Health (ABDX) was essentially insolvent and that the 96p ( £92 million market cap) was bonkers and that anyone investing was insane. But, of course, institutional fund managers (playing with YOUR money) knew better and gambled £22 million. After the latest shocking news the shares are, after 19 months, just 6.75p. Ouch.
1204 days ago
The IPO of Procook (PROC) last November was one that I explicitly warned you about. That offer was at 145p. The shares are now 40p but CEO Daniel O Neill really is the most almighty spoofer, his share buying of late is a red flag in itself, an invitation to go short.
1204 days ago
Analyst and writer Kevin Muir says that investors seem to be having problems understanding the current economy and inflation: those in charge are arguing that this past month had no inflation. The reality is that month over month figures may be indicating that inflation has peaked. Kevin says that this may cause the Fed may to be less hawkish than most investors are expecting.
1206 days ago
Greg Madison was appointed as CEO of Shield Therapeutics (STX) on June 1 2021. The shares were then 60p. Today they are 8p. In just over a year Greg has presided over a catastrophic 87% destruction of shareholder value. Luckily Greg had no shares himself just a stack of options granted to him two weeks after he joined, to incentivise him.
1206 days ago
Still the dumb pricks who own these shares do not seem to get it and think that abusing and trolling and abusing myself and Gary Newman is going to reverse the all too predictable share price decline. Today, there is another RNS for them to ignore.
1206 days ago
I start with my troubles in travelling and also with a guest at the Greek Hovel changing all the locks. Suffice to say I am in a bad mood as I head back to Wales. Then it is onto Canadian Overseas Petroleum (COPL) where – goaded by a trolling and abusive shareholder – I remind you why the shares will be sub 10p by Christmas and could well then head rapidly towards zero. Then back to Zak Mir and Lift Ventures (LFT), where I serve up a scenario where the initial Miriad deal was illegal and the cover-up needs exposing, something Aquis Regulation could do at ease. Of course if the NEDS and adviser Optiva are smart and, if my theory is correct, they will resign and whistleblow now as IF the initial deal was illegal and that is now being covered up they do not want to be implicated if things get messy.
1208 days ago
I start with AMTD Digital, run by a man banned from operating in Hong Kong, whose US listed shares have zoomed ahead by 14,000% since its IPO a few weeks ago. It is now valued at more than Goldman Sachs. This is insanity writ large but it is risky betting against insanity. Then it is onto the stench of the Betahny Garner affair, Cellular Goods (CBX), Kanabo (KNB) and Oxford Cannabinoid (OCTP) where i discuss other clear signs that a bailout placing is being lined up. Then it is onto Online Blockchain (OBC) and the threat ADVFN (AFN) should be making against it. Finally I discuss La Willingham’s Nightcap (NGHT), its trading statement and the cash crisis looming this Autumn.
1208 days ago
I start with Kanabo (KNB), Oxford Cannibanoid (OTCP) and Cellular Goods (CBX). Who on earth would write them up as the three pot stocks to buy. They are all utter dogs facing looming cash crises. Meet Bethany Garner. I then discuss Victoria (VCP) after this bombshell. Then Gary’s death wish, not as a Euroloon, but in considering buying Revolution Beauty (REVB). Then Ariana (AAU) and why its shares continue to drift. I start with news of a last minute cancellation here in Greece. If you fancy a last minute luxury break drop me an email. Anyhow it means a more leisurely drive back for me starting, I think, on Monday.
1208 days ago
Does Advanced Oncotherapy (AVO) think that its shareholders are stupid as today’s RNS announcing yet another issuance of confetti ( 2.2 million shares to raise £550,691 gross) is quite obviously a load of cobblers.
1208 days ago
In part one I looked at the legacy issues and the FRC rule breaches. But what of the sunlit uplands mug punters owning Tintra (TNT) shares are promised?
1208 days ago
On 19 July last year Revolution Beauty (REVB) joined the AIM Sewer raising £110.7 million by issuing new shares and with founders dumping £189.3 million of shares at 160p. After a warning today about dismal trading which is so bad that it begs the question of whether Revolution will go bust, the shares are 26p. This is a new posterboy for the AIM 2021 IPO class of shame and advisers Zeus Capital should be asked some real questions.
1208 days ago
I shall post photos in the next day or so showing me climbing a rocky and overgrown hill to a castle in the burning midday sun with my daughter Jaya on my back. I did the same three years ago with Joshua but managed better today. There is still life in this old dog. Then onto GSK (GSK) and Haleon (HLN). I ditched my Haleon shares today and explain why. Then I look at Revolution Beauty (REVB), ProCook (PROC), the fraud Supply@ME Capital (SYME), Cellular Goods (CBX) and in detail at Purplebricks (PURP).
1217 days ago
GSK plc (GSK) has announced a “slightly better than expected” first-half performance, and the shares have responded up to 1755.8p.
1219 days ago
I have no skin in this game, though I wouldn’t wish to own shares in Flip Flop’s Kavango Resources (KAV). However, as the two men go to war, it is time to grab some beer and popcorn and enjoy from the sidelines. Then, I look at Asimilar’s (ASLR) cash crisis, and Red Rock Resources (RRR) where, despite Andrew Bell pulling his usual trick, I hang on. Finally, I take a detailed look at Ince Group (INCE), where I am now 90% vindicated, with the shares crashing to c. 5p. I await an apology from its PR man, who suggested that, at 52p just before Christmas, I was wrong to be such a bear. To watch my next hat eating, go HERE.
1219 days ago
There are many reasons to be bearish of Argo Blockchain (ARB), not least a CEO, Peter Wall, who dumps millions of pounds of shares AFTER sounding folks out about a placing, which took place less than two weeks after that dump. But that is not the only corporate governance issue.
1219 days ago
Pray for poor Jackie Louise Cope for she is a moron, an obsessive and a fantasist. Her twitter line is full of tweets giving folks, generally utterly spurious, reasons to buy shares in Union Jack Oil & Gas (UJO). I fear that she is obsessive for she seems almost one track minded. Please Jackie go and do something interesting for once. Go get a life! Take up pilates. Learn vegetarian cooking. Go to the boozer. Do something different to break your rather sad routine!
1219 days ago
I have written to the FCA, which is the regulator – no sniggering at the back, please – of companies on the (sub) Standard List, like the fraud, Supply@ME Capital (SYME). A statement is now overdue, for clarification of whether or not its boss, Alessandro Zamboni, has covertly dumped shares.
1222 days ago
Toople (TOOP) has always been a dog with fleas and anyone owning the shares, down another 28% today to 0.021p has only themselves to blame – the loss since launch is now 99.75%. But today’s statement seems to contain an admission of an obvious and monstrous lie told in an RNS before Christmas. Is low life adviser Novum happy with its clients lying to investors? I suspect it doesn’t care as long as it is paid but I’d hope that the FCA would care.
1222 days ago
Last year we banked a more than 40%, less than 7 months, offer-to-bid gain on Wood Group (WG.) at 300.3p. That proved good timing with the shares eventually falling back towards 150p before then recovering to above 250p again. However, they are now available at a 155p offer price and are again a Buy.
1224 days ago
It is hard to imagine a more perfect storm than the one that now faces Cineworld (CINE). I know that myself and Lucian have been telling you to short it for some while and you will be well in the money if you have followed that advice with the shares now just 21p. But that is 21p too high and so it is not to late to open a short or to add to your position.
1224 days ago
Previously updating on the UK’s largest pawnbroker and a leading retailer of new and pre-owned jewellery and watches, H&T Group (HAT) we concluded that we continued to look for further news flow to drive a return to an above 350p share price. The shares have now reached further higher than that.
1227 days ago
It is quite clear that Ironveld Resources (IRON) is a serially underperforming AIM dog and that its management should be held to account. Since Giles Clarke took the helm its shares have plunged from 4.5p to just 0.35p. But Giles is a top fellow who went to Rugby School, then Oxford and was head of the England and Wales Cricket Board so we are not allowed to say what a crap job he is doing and how he should never be allowed to run an AIM company again. Clarke is a jolly fine fellow and anyone who says otherwise is just a smelly oik. Step forward professional northerner Richard Jennings.
1228 days ago
On 29 July 2020 the fraud Supply@ME Capital (SYME) announced a loan transaction involving 5.89 billion shares as follows in an RNS:
1228 days ago
Petropavlovsk (POG) was obviously aware that I was driving across France on Tuesday and distracted by the most stressful of episodes, as it took the chance to suspend its shares and say that it would appoint administrators while I was distracted. Today it said that the hearing in the Courts to settle the administration is scheduled for Monday. As the fat lady warms up there are three key takeaways from someone who predicted this on March 4 HERE.
1228 days ago
Oh dear, oh dear. This should be another massive red flag for the morons who own shares in the Supply@ME Capital (SYME) fraud to ignore. It will also prompt a formal complaint to the FRC about auditors PKF Littlejohn and Eight itself.
1228 days ago
Writing on OptiBiotix Health (OPTI) last month with the shares at 21p to buy, we noted potential for a move into meaningful profitability and further potential from ‘second generation’ products addressing much larger market opportunities. We drank our own medicine with Tom buying more shares at 22p. The shares are now further up at 31.5p on the back of a “Joint development agreement signed with Firmenich”-titled announcement.
1229 days ago
I share a few thoughts with you – truths one cannot say in public – about the game last night. Notwithstanding that, I enjoyed the match, and the Northern Ireland girls held their heads up. Then, I discuss Canadian Overseas Petroleum (COPL), explaining my Christmas sub-10p target – the shares really will halve from here. I look at Shield Therapeutics (STX), MGC Pharmaceuticals (MXC), and Science in Sport (SIS) which, at every level, looks a stinker – even after today’s 22% fall, the shares are grotesquely overvalued. I explain why. Finally, I describe why Malcolm should have learned from IQE (IQE) before continuing to tip Zoo Digital (ZOO) - as he has again done, today.
1229 days ago
If you think that the worst for shares is over, think again, says analyst Chase Taylor
1229 days ago
The aquis-listed pot play, Love Hemp (LIFE) - backed by boxer, Anthony Joshua – committed fraud in February of this year. Its adviser, Peterhouse, rightly quit, leaving the shares suspended. Today, Love has reshuffled the corporate deckchairs and is talking to a new advisor, so people can trade its shares again. Which advisor is so bent that it will act for a demonstrable fraud?
1237 days ago
Sales are vanity, profits come down to opinion. Cash, however, is a matter of fact. In that vein, one wonders if, after today’s dismal trading statement, Bidstack’s (BIDS) moronic shareholders can do basic maths. If they can, they will sell their shares first thing.
1239 days ago
Having insisted that it was on track to hit forecasts (which included an improved cash position), AO World (AO.) has today announced a £40 million institutional book build and Primary Bid Offer, at 43p – last night, the shares were 47p. So, should you consider an investment? Er…no.
1239 days ago
As a Scottish Catholic, Lucian Miers will support Norway this Thursday. I think this is unwise, as we are sitting amongst the Northern Ireland supporters. I’ll have to explain to fellow members of the GAWA that Lucian is a Fenian, hence his sudden love-in with the land of Quisling. On shares, I look at Edenville Energy (EDL) and its new board member, Paul Ryan (remember him?). Then, I discuss Central Copper Resources, Cineworld (CINE), and Purplebricks (PURP), which, ceteris paribus, will go bust in a year.
1249 days ago
Finally, a year after its shares were suspended for the second and final time just a few months after its IPO, South African fraud Umuthi (UHS) has been booted off the Standard List by the wretched and useless poltroons at the FCA. The regulator is rather coy as to what is going on, perhaps because of its own incompetence in admitting this POS to the market in the first place.
1250 days ago
On 4 December 2020 shares in Russia PGM promote Eurasia Mining (LSE:EUA) hit 40.55p and morons across the interweb, spurred on by fraudulent paid for research and also by blatant market abuse by Good Germans, pondered what colours their fleets of Ferraris would be painted. Today the shares are just 5p after dire finals earlier this week. There are two big questions Eurasia needs to answer:
1250 days ago
I apologise for ShareProphets’s lack of Pride celebrations, unlike the big corporates. Next year. Or maybe not. Then, it is on to my argument with Steve O’Hara at Optibiotix (OPTI). I do not regret buying more shares, but I am, nevertheless, cross. I explain this, before looking at Dev Clever (DEV) and something very fishy indeed. After that, I discuss Ben’s Creek (BEN), the Adam Wilson CV and why this will all end in tears. Finally, an IPO: Alteration Earth (ALTE), and why you should avoid it like the plague.
1252 days ago
In today’s podcast I look at Optibiotix (OPTI) where I bought more shares today, Kefi Gold & Copper (Kefi), Guild ESports (GILD) asking if it and David Beckham are breaking up, Nanosynth (NNN), the shysters at Verditek (VDTK) and Shield Therapeutics (STX). It is definately ouzo, or rather elderflower champagne, for supper tonight.
1252 days ago
Just how many times will mug punters fall for this spoofing? Last Thursday shares in Verditek (VDTK) traded at 1.3p. On Friday they soared to 1.6p. On Monday there was a contract announced and they roofed it to 2.5p. Today…
1252 days ago
Today the fraud Supply@ME Capital (SYME) will hold its Annual General Meeting which amongst other things will authorise an increase in its authorised share capital so that it can issue additional shares to Venus Capital under the death spiral and issue shares to vendors of Tradeflow Capital to settle the deferred consideration.
1253 days ago
How to cram as many buzzwords as possible into an RNS in order to excite moronic investors so as to assist your death spiral provider dump shares: a lesson from the fraud Supply@ME Capital (SYME).
1253 days ago
I am not suggesting anything inappropriate just making an analogy as I discuss Zephyr Energy (ZPHR). I then discuss Optibiotix (OPTI) and a chat with Steve O’Hara. If you want to spend a day with Steve over all day drink and home produced Welsh food you can of course do so HERE where, I am happy to say, that almost a third of the seats are already booked out. Then it is onto Oxford Biodynamics (OBD) and Shield Therapeutics (STX) – will its placing be at 5p or not at all?. Then onto Pennon (PNN), sewage and Feargal Sharkey. Finally Abingdon Diagnostics (ABDX) where good news today has seen the shares rocket but that only postpones the next bailout placing ( or death) until Advent.
1253 days ago
On a day when Ceres Power (CWP) hooked up with Shell and promised to spend £100 million on its tech which will produce Hydrogen from waste far more cheaply than anyone else on this planet I ask someone, anyone, to explain why Powerhouse Energy (PHE) is not pointless as its bastard offspring Hydrogen Utopia (HUI) goes Dutch.
1253 days ago
If I have suggested that Mr David Lenigas was a National Treasure and Britain’s most talented objective analyst of small cap shares, rather than a fat Aussie spiv and shameless promoter of penny share dross, I must apologise. Not to Big Dave but to you dear reader.
1255 days ago
Shares in the fraud, Supply@ME Capital (SYME), raced ahead on news of a financially immaterial transaction. Crazy, eh? And how do we know it was immaterial?
1255 days ago
Last year, AIM sewer poster boy, Deepverge (DVRG), did a placing at 30p. It had misled investors on trading, and its ghastly CEO, Gerry “the arse” Brandon, slated me as not understanding investment. Today, the shares are 10.5p, after awful finals in which, as I explain in this bonus podcast, the company again – by omission rather than act – materially misleads investors. If you own this stock, lube up; there is more pain coming your way.
1255 days ago
A reader emails about Kefi Gold & Copper (KEFI): “you see how serious, if true, the situation is? So, don’t suppose you can get a response from HAA, since… without clarity before the markets open, shares will collapse 100%“.
1256 days ago
Supporters argued that incompliance with listing rules was of no great import and, as the FCA agreed, perhaps they were right. Hopefully, you did not fall for that and bailed, at 115p, on my warning last August. Shares in this Optiva-promoted dog’s breakfast are now 35p. It is not what is said today, but what isn’t.
1256 days ago
The company headquartered on a grim Staffordshire estate - which claims to be a “global player” – is in all sorts of trouble. Its shares remain suspended, as the FCA refuses to sign off on a deal, announced on 12 April 2021. Meanwhile, where are the (undoubtedly piss poor) numbers for year to October 31 2021? To them, first.
1256 days ago
Solar panel producer (if not seller), Verditek (VDTK), has eight days to release its annual results. Given revenues will be the square route of fuck all, there is no excuse for delay. But we all know the reason, and that is why the shares are sliding again today, as they did yesterday.
1260 days ago
Before calling his lawyer, the pompous and bombastic arse should remember how, in the early stages of Avanti Communications (AVN), he boasted of fabricating a product demo. Worse was to come, as Williams made tens of millions from dumping shares he ramped ruthlessly, while investors lost everything. Now, he has a new scam: Arqit Quantum (US: ARQQ), listed on Nasdaq. We first covered Arqit, HERE. Its shares were $37.41 on December 3, 2021; now, they are just $5.65. Bring on the lawyers.
1260 days ago
Just a few caveats. Align Research is paid to pump out the research below. Align and its boss, Richard “nobody likes me and I don’t care” Jennings own shed loads of shares in Bluebird Merchant Ventures (BMV), and the “analyst” is disgraced, journalist smearing, part time PR man, the vile and repellent Dr Michael Green. Dr Green should not be allowed to work in financial services after his crimes as an enabler of the fraud Sefton Resources (SER). Having said all of that, I too have an interest in these shares and reckon they are cheap. Are they worth 9.58p as the ludicrous Green suggests? Er no. But could they double? Yes. And the note below explains why.
1262 days ago
The last quarterly report from MGC Pharmaceuticals (MXC) showed that, as of 31 March, it had cash of just A$ 4.004 million – having spunked just over A$ 3.9 million in that quarter. You can do the maths…
1262 days ago
If this website has ever suggested that Mr David Lenigas is a fat Aussie spiv or a shamless promoter of penny shares who is often economic with the truth I must apologise. Not in the least bit influenced by my own ownrship of oodles of shares in Wishbone Gold (WSBN), the tweet exchange below clearly shows that Sir David – as he will soon surely be – is easily the leading objective analyst of small cap mining stocks, not only in Britain but in the world today. What cutting insight hee shows once again. Breathtaking!
1264 days ago
On February 18, I generated industrial-scale abuse (of me) from anonymous internet warriors. All I did was suggest Shield Therapeutics (STX) as a slam-dunk short, at 25.5p. The savants insisted, as is usually the case in such circumstances, that I didn’t understand the maths, and should go back to working in a pizza store, etc, etc, etc. The shares are now just 14.6p, and the final collapse is almost upon us. Add to your shorts. Let me explain.
1264 days ago
The big institutions all barreled in to ProCook (PROC), since they knew better than Old Tom Winnifrith, despite his explicit warnings why this would end in tears. So, too, did Primary Bid, which was a keen supporter – as was our own Malcolm Stacey. What was he thinking? But, just seven months after the IPO comes a disastrous profits warning, and the shares have collapsed. While Malcolm drowns his sorrows with an extra pint of Old Mother’ Green’s organic ale, it is ouzo time at the Welsh Hovel. But do the founding O’Neill family, who flogged tens of millions worth of shares to dumb IIs, really care?
1271 days ago
It is back to that Helios deal, which, as Boatman Capital revealed, saw Argo Blockchain (ARB) pay up to $17.5 million for $200,000-valued land. The owners of DPN LLC – bought to acquire the land – were former Argo stockholders. Small world, innit? Now, it gets far worse.
1274 days ago
In recent weeks the cannabis fraud Eden Pharma has been tapping up marks aggressivly promising an imminent stockmarket listing. Amazingly it has delivered. Well sort of. It is now the 51st company to list on the Merj Exchange in the Seychelles. The admission document below is a hoot, dripping in red flags. And there is a catch..
1274 days ago
On 18 February, at 25.5p to sell, the big bear call was greeted with abuse from BB savants, who, unsurprisingly, always know better. Shares in Shield (STX) are now 14.6p, and the final collapse to c. 5p is now set to begin. Double up on your shorts. In this podcast, I discuss Argo Blockchain (ARB); Nostra Terra Oil & Gas (NTOG) and its unsavoury CEO, Matt Lofgran – praise be the Lord; then, I look at Genflow Biosciences (GENF), as its shares continue to tank; Challenger Energy (CHAL); Eurasia Mining (EUA); and Petropavlovsk (POG), where the target remains 0p. Finally, I remind you that Rogue Bloggers for Woodlarks is just 4 days away, and we are at 34% of the target. If among the 92% of listeners yet to donate, do give a fiver (or a tenner), HERE.
1274 days ago
Later today, I will cover Argo Blockchain’s (ARB) monthly update; it was truly piss-poor, and anyone holding the shares is tonto. But let us start with another red flag: today, the company boasts of doing a deal with the mining rig supplier, ePIC.
1276 days ago
Recovering from several lectures on the evils of Brexit, I send you greetings from Frogland this Bank Holiday Thursday. In today’s podcast, I look again at the Tern (TERN) – Pires (PIRI) merger. I then discuss three slam-dunk zeros: Kinovo (KINO) – whose shares should be suspended with immediate effect – Versarien (VRS) and Nanosynth (NNN), where the new CEO, Mark Duffin, is a complete clown. If he does a deal in snails, as he suggests, I am a Dutchman.
1280 days ago
After yesterday’s bombshell, HERE, the FCA must suspend trading in Genflow (GENF) shares. My letter is below.
1280 days ago
Versarien (VRS) shares have surged of late: last week, they lounged at 15p; yesterday, they reached 24p. This surge is all the more remarkable given the company’s May 12 warning: within a year, it could run out of money. My guess? The spike is driven by chatroom speculation and is, in effect, a concerted pre-placing ramp. In that vein, I have two questions for loathsome CEO, Neill Ricketts:
1288 days ago
Miner in Azerbaijan, Anglo Asian Mining (AAZ) states that it “is pleased to announce its final audited results for the year ended 31 December 2021”. However, the shares are down to 85p to buy in response.
1288 days ago
A smattering of not that materially large share purchases by Argo Blockchain (ARB) PDMRs was announced today, together with news that big cheese Peter Wall has exercised options over 430,000 Ordinary Shares. The statement that follows, again, shows what a dick he is and why he is playing us all as fools.
1290 days ago
They are that auditors suffer any personal loss if the FRC sanctions them and that death spiral providers go long of shares. In the podcast I discuss Asimilar (ASLR), Dev Clever (DEV), Simec Atlantic (SAE), Powerhouse Energy (PHE), Amigo (AMGO) and Vast Resources (VAST). It goes without saying but I say so anyway: If you are among the 95% PLEASE COUGH UP NOW HERE
1290 days ago
At 4.05 PM yesterday Amigo (AMGO) announced that the High Court had approved its reconstruction and revised new business scheme. With the FCA having withdrawn its opposition to the scheme, following revisions, that was no shock at all. And seeing the shares fly to 9p at the open was also no great shock given the utterly insane ramping by Bulletin Board Morons and others of this Parish who should know better. But the shares are now back at 7.5p and are a fabulous short.
1290 days ago
The rogues who run Vast Resources (VAST) insisted in a string of RNS statements that it would not allow death spiral Atlas to convert a final $800,000 of loan notes into shares which it had already forward sold. The Bulletin Board morons made the schoolboy error of believing a word that Vast said and insisted there was a bear squeeze. Guess what?
1290 days ago
Follow the money…this is all about how Alessandro Zamboni, the CEO of the fraud Supply ME Capital (SYME) has dumped all, or nearly all, his shares in the fraud while pretending that he has not. But the net is closing in on the scam as today’s announcement from Aquis listed Eight Capital Partners (ECP) run by ex Supply chairman Dominic White makes clear.
1290 days ago
If I was a shareholder in corporate advisor Arden (ARDN) and had, in late April, swapped my stock for shares in legal and accounting firm Ince Group (INCE) I would be calling my lawyer right now as Ince has only just served up a profits warning for the year ended 31 March 2022.
1291 days ago
Gold miner in Kazakhstan, AltynGold (ALTN) states that it “is pleased to announce its 1Q22 production update” and the shares have moved up to 130p, so what’s the latest?
1292 days ago
Fevertree (FEVR) has issued a trading update, which seems to read well, but the shares are down and will fall further. Let me explain.
1292 days ago
First, there was Atlas’ pledge not to dump any more shares – which it immediately did. Then came the idea it had cleared its death spiral debt, with the buried-deep-in-the-release admission that it had taken out another. Spoof two! Today, Vast Resources (VAST) becomes a hat-trick hero in the AIM sewer hall of infamy.
1292 days ago
Jubilee Metals (JLP) has announced a performance update of its new and expanded fully integrated South African Inyoni PGM and chrome operations and its Zambian southern copper strategy. So what’s the situation, with the shares having responded up to 15.4p?
1292 days ago
On Monday 16 May at 7.40 AM, shares in AIM listed Bulletin board darling Eurasia Mining (EUA) were temporarily suspended at just under 8p “pending an announcement.” At 6.18PM on Tuesday 17th (today) came that announcement. Eurasia “confirms it has no material new developments to notify” and so trading will resume on Wednesday 18th. So the shares were suspended for two days for an announcement that nothing had changed. That is insane. It gets more insane.
1292 days ago
Naughty, naughty Nomad Liam Murray of Cairn Financial for signing off on today’s release from AIM perma-dog Catenae (CTEA) for it is only a partial ‘fess up. With the shares already suspended for failing to gt accounts out for the yar to September 30 2021, things look truly grim.
1292 days ago
Yesterday at 7.40 AM, an RNS appeared saying that trading in shares in Eurasia Mining (EUA) had been “temporarily suspended pending an announcement.” 24 hours later we still have no news. Good news travels fast, etc, etc. I considered possible reasons for the suspension HERE but, there is another possibility.
1295 days ago
I may have, in the past, suggested that Mr David Lenigas was a shameless spiv who promoted worthless penny shares via either dramatic exaggeration or, as in the case of UK Oil & Gas (UKOG) even worse. I may have suggested that Big Dave talks out of his posterior and should be whipped out of town and sent back to his native Australia where the core DNA will make him feel right at home. If so, I apologise.
1295 days ago
In today’s podcast, I cover Eurasia Mining (EUA), Made.com (MADE), Vast Resources (VAST) and Petropavlovsk (POG). I have more shocking news on Kinovo (KINO), whose shares should be suspended, and discuss FinnCrap (FCAP). I promise never to mention the company again if its CEO, smug Sam Smith, donates £100,000 to rogue bloggers for Woodlarks. Of course, she won’t. So I must ask the 95% of Bearcast listeners yet to chip in: please make your donation, HERE We are now at 20% of target – go on, make it 21% by tomorrow!
1295 days ago
At 7.40 AM, an RNS appeared, announcing that trading in Eurasia Mining (EUA) shares had been “temporarily suspended pending an announcement.” It is now 1 PM, and there has been no announcement. So, what is going on? It could be good news for the shareholders, though I suspect it may not be. But who knows?
1295 days ago
It is only ten and a half months since online furniture seller Made.com (MADE) listed on the Main Market, raising £100million by issuing new shares at 200p while existing shareholders lobbed out a cheeky £90 million of stock onto gullible institutions. Today, after a dismal profits warning, the shares are just 56p to sell. Meanwhile another rat has left the sinking ship as it burns through its ill gotten IPO gains ever more rapidly.
1295 days ago
Vast Resources (VAST) is blessed with having the dumbest investors going. They fell for the last spoof RNS which, in a just world, would see the issuers banned from the markets, and bid the (worthless) shares up to 2.4p. Today there is a new monster spoof and the shares are 56% up to 1.3p offering the bears another chance for a slam dunk free short. The company says it has refinanced its Atlas death spiral leading the “marks” to assume that there is no more death spiral overhang. But buried at the bottom of the release is ????
1297 days ago
In today’s podcast, I discuss Elon Musk and Twitter; Vast Resources (VAST) & associated scumbags; Optibiotix (OPTI); Condor Gold (CNR) and why comrade Jim Mellon must pay up soon; and the complete and utter Irish jackanory spouted by Hydrogen Utopia (HUI) and Powerhouse Resources (PHE): those holding shares in either company are certifiable. We are now just £68 away from £10,000 in the Rogue Bloggers for Woodlarks (plus gift aid) fundraise. On Sunday, I really will do a 20-mile training walk. If you are amongst the 96% of listeners yet to donate, please do so today, HERE.
1297 days ago
As its old auditor walked, and the new one needed more time, today’s results for the 12 months to March are unaudited interims – the prelims will be for the 18 months to 30 September. But one cannot dodge the numbers: even Neill Ricketts is forced to ‘fess that Versarien (VRS) may soon run out of other folks’ cash. Anyone holding the shares is, thus, certifiably insane.
1298 days ago
In just two weeks, the new death spiral provider, Venus, has dumped 3.32 billion shares on Bulletin Board Morons. If it is allowed to, it will likely dump another 15-20 billion. But the fraud, Supply@ME Capital (SYME), is insolvent even with the Venus cash, as I noted earlier. I have asked the FCA to step in and save private investors from being mugged.
1298 days ago
I warned comrade Malcolm Stacey and you all that his March 7 enthusiasm for advertising group Mirriad (MIRI) was misplaced and dire results with a piss poor set of excuses vindicate this perma bear once again. Crack out the ouzo. At 21p, down 14% so far today, the market cap is £59 million making this still a stonking short.
1298 days ago
On 27 April, the fraud Supply@ME Capital (SYME) announced that it had issued 2,770,000,000 shares to death spiral provider Venus and on 10 May it announced that it had issued a further 550,000,000 shares to Venus following which its issued share capital is now 40,789,339,950. If Venus was, as some, of the Bulletin Board Morons are suggesting building a stake then it would now have a stake of 8.1 %.
1298 days ago
After my weekend revelations, following on from Friday’s bombshell admission of rank dishonesty, I had expected Kinovo (KINO) shares to be suspended by now. For those weekend reports suggest that, very soon, the company will be reliant on its banks for survival. I have written to the Oxymorons at AIM Regulation about what is a major scandal of non-disclosure.
1305 days ago
he comedy shit show from the liars and fraudsters at Chill Brands (CHLL) continues. Well, I guess that it is not so funny if you paid 110p last year to see new shares offered at 2p but then folks cannot say that they were not warned by my good self well over 200 times! In today’s instalment of beer and popcorn we discover…
1307 days ago
At 12.25 PM today embattled retailer McColls (MCLS) asked for trading in its shares to be suspended after they had gained 52%on the session to 1.75p. Trades were really going through at close to that price as “savvy” retail, investors BOTFD. Crazy. Minutes later McColls announced it was going into administration. Only yesterday the company warned about press speculation, noting:
1307 days ago
Surely, AIM Regulation must publicly censure Kinovo (KINO), and possibly its Nomad and broker, Canaccord Genuity. One – or both – of them has grotesquely misled investors to the tune of £8 million and rising, only fessing up to the scale of that deception today, which has sent the shares tumbling.
1307 days ago
Packaging company DS Smith (SMDS) has announced year ending 30th April “trading in line with management expectations… enter the next financial year with confidence”, helping the shares up to 325.6p.
1308 days ago
When I suggested Shield Therapeutics (STX) was a nailed-down short, on the basis that it would face a cash crisis by May, my analysis was met with derision by Bulletin Board Morons. “He does not understand biotech, he does not understand Shield, he’s a failed fund manager, he is ALWAYS wrong, he works in a pizza store, he’s fleeing the UK to Greece to avoid jail”, were some of the more polite comments. It is now May, and the shares are just 17p to sell. So, what next?
1308 days ago
Yesterday I flagged up that Arron Banks, the self styled Brexit bad boy – was tweeting about Iofina (IOF) where he had a disclosable stake. Bankski teased “ I’ve Got plans for Iofina.” The shares ticked higher. Today a TR1.
1308 days ago
Having previously attempted regime change at Iofina (IOF), the self style Brexit bad boy Arron Banks cannot be considered a passive shareholder. And hence this tweet from him yesterday has seen Iofina shares nudge higher. Arron you are such a tease. But doesn’t flagging up that you are up to something make you a bit of an AIM bad boy?
1308 days ago
Of course CEO Peter Wall (who dumped shares at 243p a year ago AFTER starting sounding out folks about a 200p per share placing) insists that this debt is not dilutive. Really?
1308 days ago
First thing yesterday morning shares in Love Hemp (LIFE) the pot play backed by boxer Anthony Joshua saw its shares suspended. At 4.35 PM it fessed to the grisly truth: it had lied about a fund raise announced on 8 February. But then it carried on lying. No wonder, adviser Peterhouse has resigned.
1308 days ago
I just cannot understand how anyone still owns shares in retailer McColls (MCLS) as it is, as I have been warning since November, doomed. The shares are down by 94%, since that prescient warning, at just 0.848p. Now, with more bad news today, the shares have only 0.848p to go to reach target.
1308 days ago
Shares in equipment rental company Vp plc (VP.) closed at 820p before the latest news. However, they are now up to 940p on news that it is now considered “appropriate to investigate the sale of the company and is therefore launching a formal sale process”. So what now?
1309 days ago
Before the RNS announcement on 27 April, Supply@ME Capital (SYME) already had 37.4 billion shares in issue. This note sets outs out just how many shares could be issuable under this new death spiral arrangement assuming that the optional tranches get issued at the 0.05 pence per shares (whereas under the VWAP formulae the issue price could be even lower and thus even more dilutive.
1309 days ago
The question being asked on the LSE Asylum and Twitter was who was the big buyer of Supply@ME Capital’s (SYME) worthless shares at close of business on Friday. On 22 April around 16.50 pm there were according to LSE Asylum’s share trade indicator three 90 million buys at £71,410 each and a monster 285 million buy for £228,000 at 16.35 million. In total these buys amounting to over £440,000
1309 days ago
This morning, I had a long chat with an industry insider, concerning the latest death spiral from the fraud, Supply@ME Capital (SYME); what I relay to you is truly shocking. Anyone holding these shares is bonkers.
1310 days ago
I have not written on Octagonal (OCT) for some time, as, on 21 January 2021, it delisted from AIM, following the self-imposed suspension of shares on 24 December 2020. In an RNS of the same day, Octagonal’s statement explained that the suspension was requested due to a complaint from the SEC:
1310 days ago
Death spiral provider, Atlas, is selling shares as fast as it can, in the hope of reducing its $5.05 million exposure to AIM Listed Vast Resources (VAST). It knows Vast is teetering on the brink, but a source close to the company explains why it is already trading whilst insolvent. He says:
1312 days ago
You read about a new “Capital Enhancement Plan”, and it sounds like good news. But no. This is Orwell speak, and it is, in fact, a series of disastrous announcements from the fraud, Supply@ME Capital (SYME). Even Helen Keller and Ray Charles can see the writing on this wall – although, natch, some posters on the LSE Asylum still know better.
1312 days ago
The media company beloved by cross-dressing IT consultants, Bidstack (BIDS), has published its predictably dismal results for calendar 2021, as well as a massively upbeat commentary from CEO, Lyin’ James Draper. That has seen the shares marked up by 10%, to 3.65p, with a market cap of £35 million. As ever, folks do not read the small print of the notes. Read the fecking notes, morons!
1316 days ago
The most flea ridden dog on AIM, Vast Resources (VAST), has served up yet more bad news. Just a year after consolidating its shares on a 100 for 1 basis the shares are just 0.38p to sell, more than 95% down on the year. With today’s disaster, another 100 for 1 consolidation beckons. Let me explain.
1316 days ago
Sub scale technology investment waste of space company Vela (VELA) has today announced that it has hired a new PR and IR firm Novum to ramp its shares. Novum, aka my old pal Alan Green, I have a question for you about the gap in the website CV of your boss Brent Fitzpatrick, the one linking him to a convicted fraudster and jailbird.
1318 days ago
On November 17, I told you to short McColls (MCLS) at 14.5p, warning that, just months after a big placing, it was going to run out of money. Of course, everyone else knew better than old Tom. Today, the shares are 3.94p, and now, it is the company warning you the shares are heading for zero.
1318 days ago
I record looking up at the mountains behind the Greek Hovel. Why on earth are we heading back to Wales? I shall miss this place badly. Then, onto Netflix. Finally, I explain why Malcolm is wrong on shares generally, but also on Gear4Music (GFM), where the only unknown is the scale of the share price collapse, a process far from complete.
1318 days ago
Whether as Strat Aero (AERO), Remote Monitored Systems (RMS) or Nanosynth (NNN), there are a few common threads. For starters, they have repeatedly lied to investors. Then there is the fact that every business bought fails to make any cash.
1319 days ago
Shares in Flowtech Fluidpower (FLO) remain below levels of earlier this year despite recent results showing encouraging recovery and noting an encouraging start to this year, with there looking to be scope for further recovery in profitability and for the share price.
1323 days ago
You can never keep a good man down. And, as for an absolute rotter like David Williams – who pumped satellite firm, Avanti Communications (AVN), before selling millions of pounds worth of shares, paid himself regular seven-figure stipends and then ran the company into the ground – it seems as if lightning will strike twice. We defied the notoriously litigious bombastic prick, and highlighted numerous Avanti concerns on this website, as you can see HERE.
1326 days ago
Apparently, the most popular share amongst retail investors is Polymetal (POLY). Although shares have plunged by 80% since the invasion, it seems Joe Public cannot buy enough of them.
1326 days ago
Anglo Asian Mining (AAZ) has announced it “is pleased to provide a production, sales and operations review for its Gedabek contract area in western Azerbaijan, for the three months to 31 March 2022”. So, what of the shares responding slightly higher to 95p?
1326 days ago
I have been bearish on this for a while, unable to understand the valuation from the IPO. Shares in THG, The Hut Group as was, now trade at a new low of 95p. There are a couple of matters to discuss ahead of numbers on Thursday, notably a management departure and suggestions of late payments to suppliers. Is this window dressing as per Canadian Overseas Petroleum (COPL) and its December 31 cash number, or something worse?
