34 days ago
90 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
104 days ago
134 days ago
I warned explicitly that the AQSE IPO of Cardiogeni (CGNI) was a scandal waiting to happen “Some folks have no shame: First Sentinel floats a con”. Ten days later I have been vindicated. This episode leaves AQSE and adviser First Sentinel disgraced and with serious questions to answer.
Cardiogeni is another company from the stable of struck off dentist Ajan Rejinald who has featured both here and I Private Eye many times. He is a scumbag.
141 days ago
Yesterday I flagged up HERE why cash strapped Roquefort (ROQ) was a total bargepole stock and the shares duly slumped this morning. Now we have news of director share buying and this is another SELL signal.
415 days ago
Our coverage of this worthless POS company attracted a threat of legal action. And thus I shed no tears for today’s humiliation for Ashington Innovation (ASHI). Who could have thought that this SPAC listed by Jason Smart, a man with curious links to penny share criminals as exposed HERE, would end in tears. Smart had tried to reverse in two worthless businesses, exposed HERE, run by struck off Dentist Ajan Rejinald for £170 million but now that deal is off. Natch Smart dissembles as a cash crisis looms.
603 days ago
Oh dear, oh dear, it gets worse and worse for Jason Smart’s Standard listed POS Ashington Innovations (ASHI). I can reveal today that SI Capital has stepped down as broker following exposes on this website such as THIS and is stating quite categorically that it wants no involvement in this mess. To quote:
612 days ago
I have already demonstrated beyond all doubt that the two proposed purchases of Ashington Innovations (ASHI) for £170 million are both insolvent and mired in red flags linked to the struck off dentist and scammer Ajan Rejinald. But what of the two men behind Ashington, Jason Drummond and Jason Smart. Read on and weep.
650 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…
651 days ago
Yesterday I revealed that the proposed RTO of Cell Therapy into Ashington Innovations (ASHI) with a £135 million valuation was a total joke. Cell will be insolvent even if it raises £3 million in the RTO, its sole director is a struck off dentist and it is mired in scandal. I have written to broker SI Capital urging it to walk away but clearly its desire for coke and hookers money counts more than its reputation. So now to the FCA which can and should stop this bezzle.
651 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.