411 days ago
The nation’s greatest poet has stepped up to the plate as loathsome Neill Ricketts has abandoned the sinking Versarien (VRS) ship.
447 days ago
I noted in yesterday’s bearcast how Purplebricks (PURP) must be due a lack of profits warning given the increasing slowdown in the number of UK residential property transactions. Some high profile rats, it seems, are not waiting for the ship to sink.
739 days ago
We have previously noted why Ms Susanne Chishti is unworthy of Non-Exec Director of the year. But even low-grade corporate rats know when the game is up. The shock March 4 resignation of the one credible figure at Supply, its ex-chairman Jim Coyle, after just a few months at the helm, should have been a warning. Now, it appears that Chishti walked with immediate effect last Thursday.
1039 days ago
The question for the Titanic chefs is asked well after the iceberg has been hit. For Hurricane Energy (HUR) is also a busted flush, a sinking ship. Its assets are so poor that it will probably go bust at some stage whether or not it completes a debt for equity swap which will see shareholders lose 95% of the company. This company is, like the Titanic 109 years ago, holed beneath the waterline. Against this backdrop it has today published a glossy 71 page Environmental Social and Governance report.
2788 days ago
Things are moving fast at the fraud African Potash (AFPO). So far it has not - as threatened - instigated legal proceedings against me but in light of specific information now in my possession which is enough to see folks bunking up as Rob Terry's roomie we say bring it on. See you in Court Bitchez! We sense that some of the rats in camp Afpo are getting skittish so the question is which one abandons this sinking ship of fools and fraudsters first? You decide, please vote in our African Potash rat poll below - deadline midnight Sunday.
2950 days ago
Last Thursday as it struggled to meet its monthly wage bill Slater & Gordon (SGH) was also rocked by the shock resignation without notice of its senior Legal Counsel Moana Weir, the woman who had to advise it on any corporate legal issues such as insolvency and potential fraud. We still do not know why Moana walked without notice, after less than two months on the job, but here are a few shocking quotes from Moana.
"That's when we understood that something had happened and that the boat was sinking. But there was never an announcement.
3014 days ago
Shot in the Watchstone (WTG) offices in Toronto today..this is rebranding on the cheap. Hat tip to one of our many sources on the inside of this sinking ship..
