30 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!
31 days ago
I ponder what sort of investor bought bitcoin in treasury stocks as the bitcoin price slumps again. The stench of Gavin Burnell of Globo infamy surrounds B Hold (HODL), I also look at Smarter Web (SWC), now almost 90% off peak ramp and London Bitcoin Company (BTC) as it faces a fiat crisis.Then Predator Oil & Gas (PRD), Hemogenyx (HEMO) and Marechale Capital (MAC)
35 days ago
Fellow old dinosaur T is in contact by email stating “ I'm an old and very simple man Tom, excuse me…
36 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.
41 days ago
As of Wednesday next week you will all be able to gain exposure to bitcoin by buying bitcoin CLNs. You pay NAV and the management fees are trivial so only very marginally erode NAV. And that makes shares in companies with loss making core businesses trading at a premium or multiple of NAV for the insane only, a point I made HERE on Friday. The Smarter Web Company (SWC) was asked by a reader for a response and…
42 days ago
In 5 days time folks will be allowed by the FCA to buy bitcoin ETFs paying NAV and that means there is no reason at all to pay a premium to NAV to but shares in bitcoin in treasury companies. The game is almost up! One CEO shows real candour and notes:
46 days ago
The grifter Andrew Webley thinks that he might bolster the, inflated, share price of The Smarter Web Company (SWC) with a spot of M&A. He reckons that using his paper, still defying gravity and trading at a monster premium to NAV he can buy peers trading at a discount to NAV. But my good friend the Euroloon Jonathan Price has sent me over the article below suggesting that this strategy may, like our mutually beloved West Ham, be doomed. It reads:
48 days ago
I start with the deranged fantasies of shareholders in Predator Oil & Gas (PRD) them move onto last week's release from The Smarter Web Company (SWC) which shows the wizard is no magician just a flawed mortal.
49 days ago
During the past 24 hours the price of a range of cryptocurrencies including bitcoin and Ethereum has tumbled sharply. Bitcoin itself is now back below $110,000 having been $125,000 just a couple of weeks ago. Yet folks like my pal Dominic Frisby still insist that it is a store of value when compared to fiat. Can the bulls explain one thing to a silly old dinosaur like myself?
50 days ago
Does anybody care about the rules any more? The FRC will not look at interims. Advisor Peterhouse will say tat “Directors take responsibility” so its clients breaking the rules is not any of its business. And directors clearly don’t give a FF. as for AQSE Regulation.. it makes the Oxymorons at AIM Regulation look like razor sharp teethed bloodhounds.
53 days ago
In today's podcast I cover Kefi Gold & Copper (KEFI), Versarien (VRS), Hemogenyx (HEMO) and the protocols of clinical trials, Victoria (VCP), Anglesey Mining (AYM), The Smarter Web Company (SWC) and Skinbiotherapeutics (SBTX).
57 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…
63 days ago
I start with more poor FT journalism, giving a platform to the Smarter Web Company (SWC) boss, not challenging him as he talks utter cock. Then the day I met Mandy and got the measure of the man as the coke and champagne flowed.
65 days ago
In today's bearcast I look at Optibiotix (OPTI), the absolute scandal at Atlas Metals (AMG), parallels with Ashington Innovations (ASHI), Smarter Web (SWC), London Bitcoin (BTC) and Argo Blockchain (ARB)
71 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.
74 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.
76 days ago
Can you identify the congenital idiot of a CEO sending me whatsapp messages yesterday? Ideas in the comments section below. Then I look at how perceptions are changing in relation to Andrew Webley's antics at The Smarter Web Company (SWC)
77 days ago
I start with a rare defeat in my battles with Julie "sex toy but no MBE on expenses" Meyer. Then Christopher Egleton and Minoan (MIN) and the silver lining I want to see from this cloud. Then Avacta (AVCT) and the Smarter Web Company (SWC)
78 days ago
I start with a couple of Sharestock issues that make me angry. then more on how Comrade Brian Basham is trying to take the Georgina Energy (GEX) scandal forward. It also makes me angry. Then Zak Mir's dirty little secret that could sink Lift Global (LFT), Eight Capital Partners (ECP), with Liam Murray asleep at the wheel ( again), will David Lenigas 'fess up with a London Bitcoin Company (BTC) trading statement and Smarter Web Company (SWC) and the increasingly poor vicar Andrew Carter.
80 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..
84 days ago
Scouse whinger Doc Holliday will be on the phone or email within minutes of this article appearing saying that he still cannot afford a few quid a month to read my articles but he’s convinced that I am being beastly about ECR Minerals (ECR) where his all too brief boardroom spell is over but he still has shares. For once he’s right.
85 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.
88 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)
91 days ago
If investment manager Lawrence Lepard is right about bitcoin, then shares in companes like the grifter Andrew Webley's Smarter Web Company (SWC) would probably still be trading at a premium to NAV and be overvalued!
100 days ago
Satsuma Technology (SATS) the bitcoin in treasury operation chaired by Matt Lodge, formerly an expert if fighting global warming by growing seaweed, set out to raise a minimum of £100 million in loan notes convertible at 1p but has raised a monstrous £163.66 million. This can only end in tears
102 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!
104 days ago
One argument pushed by grifters like Andrew Webley of The Smarter Web Company is that the inability of retail punters to buy crypto ETNs ( Exchange Traded Notes) meant that bitcoin in treasury companies had a USP. But the FCA says that is going to change. And that surely makes Smarter Web and its peers pointless.
109 days ago
You think bitcoin in treasury makes sense? You are wowed by new fangled valuation metrics pushed by grifters like Andrew Webley of The Smarter Web Company (SWC), you cannot go to enough Group Think mutual masturbation sessions with Peterhouse, Hill Dickinson and Coinsilium (COIN). Step outside of the bubble for an instant and enjoy a very impressive video from commentator Patrick Boyle and, without resorting to abuse, tell me why he is wrong.
109 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.
110 days ago
I look at the real businss model of The Smarter Web Company (SWC)and in that vein why misleading statements matter, at Andrew Webley's share purchases, all red flags, his mad followers and offer to change the ShareStock schedule if he grows a pair.
110 days ago
Strategy (MSTR) is the big daddy of bitcoin in treasury companies and its success is seen, by believers, as proof that The Smarter Web Company (SWC) can go only one way. But even Strategy trades at less than 2 times NAV whereas the Smarter Web company, at 217.5p, trades at more than five times fully diluted NAV. So, if one accepts that Strategy is cheap, which I am not sure I do, then that does not make Smarter Web anything but expensive. But what if Strategy shares were to puke? Could that happen?
112 days ago
I discuss the worrying way bitcoin and other cryptos are tumbling and what that means for shitcoin in treasury constructs like Smarter Web Company (SWC). I look at three gold companies: Wishbone (WSBN), Serabi (SRB) and Amaroq (AMRQ) and I have had a small bet on the next PM, the odds out there are interesting.
114 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.
115 days ago
In today's podcast I discuss Wishbone Gold (WSBN), The Smarter Web Company (SWC), the Reverend Andrew Carter and the other zealots, Coinsilium (COIN), London Bitcoin Company (BTC), Satsuma (SATS) , your FREE MONEY GUARANTEED WIN TRADE and finally Skinbiotherapeutics (SBTX)
119 days ago
As with everything in finance the USA tends to lead the way. In light of that the latest note from Matt Levine should makes those rushing pay 7 x NAV for Smarter Web Company (SWC) think again if they are indeed capable of sensible thought at all. Levine is no dinosaur. He argues that such companies should trade at 2 x NAV. I think they should trade at closer to NAV. Anyhow...
119 days ago
Another day and another bookbuild from The Smarter Web Company (SWC)sees it raising another £17,543,942 gross at 295p, call it £16.5 million net after fees and commission for Tennyson, Peterhouse and others with urgent bills from the Ukrainian Young Ladies and Colombian import merchants to pay. So suckers will pay 295p for a fully diluted NAV of, say, 38p. Guess how that works out in the long run! Following the issue the new maths at a $118,545 bitcoin price are:
121 days ago
I think this is bullshit but a former olive harvester at the Greek Hovel sends me a bull case, c/o Matt Levine who is no fool. The problem is that even this sensible bull case which I do not really agree with would only justify a valuation of, perhaps, 2x NAV not the sky high multiples that penny share grifter Andrew Webley at The Smarter Web Company (SWC) seeks to justify. Levine posts…
121 days ago
I have written to the FCA asking it to investigate The Smarter Web Company (SWC) and its CEO the penny share grifter Andrew Webley for publishing a research report, a financial promotion, which it is not regulated to do and which is grotesquely misleading
126 days ago
Its valuation is bonkers and as revealed earlier, its accounts are iffy. But is Tao Alpha (SATS) about to lose its best known backer?
130 days ago
The drawdown facility arranged by spiv broker Tennyson has now raised an additional £22.9 million for The Smarter Web Company (SWC) via the issue of 7 million shares at 327p. Now another 14 million are on offer: roll up, roll up financial masochists everywhere.
139 days ago
I start with an event 24 years ago tomorrow which drives my hatred of, mainly Labour, MPs. Then price targets for bitcoin in treasury stocks if the bubble has burst. Again I look back to 2001.
140 days ago
I discuss the UK welfare numbers and how Gresham's Law can apply to people too. Then schadenfreude, The Smarter Web Company (SWC), Vinanz (BTC), Coinsilium (COIN), TAO Alpha (TAO) and Cel AI (CLAI) and the Bixby/Edwards gang.
140 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.
141 days ago
1 still trades at almost 9x fully diluted NAV, one could be trading at a discount to NAV within weeks
142 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…
144 days ago
As we have seen with Optibiotix (OPTI) the phrase Strategic investor” is one that aims to impress but often, if the truth be known, should do quite the reverse. Today, The Smarter Web Company (SWC) has announced that a “strategic investor” has invested £3.795259 million at 495p, Friday’s closing bid price.
146 days ago
I feel like fund manager Tony Dye back in 1999. Everyone laughed at him and in the end he was fired. Within two weeks he was vindicated. I consider another interview with Andrew Webley of the Smarter Web Company (SWC) with the wretched and dishonest Daily Mail.
147 days ago
The guilty men and women, regulators, Rachel from Customer Services, sordid promoters and social media influencers know who they are. When thus bubble bursts and folks who have bought in at ludicrous prices lose everything, bookmark this article and make sure the guilty men and women are held to account.
150 days ago
The madness continues. The latest company jumping on the shitcoin in treasury bandwagon is AQSE listed Vault Ventures (VULT) which at 0.045p is now capitalized at c£5 million. Vault was formerly Meme Vault, formerly Pitch Pit – it has changed names and business strategies almost as many times as I have enjoyed inappropriate thoughts about Cheryl Cole.
150 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.
154 days ago
157 days ago
158 days ago
162 days ago
164 days ago
Regulators should be all over this. I discuss what increase in the bitcoin price is needed to justify the current share prices of Vinanz (BTC), The Smarter Web Company (SWC), Ckyel AI (CYK) and Cel AI (CLAI) and the scoundrels behind each of them.
164 days ago
175 days ago
183 days ago
184 days ago
https://shareprophets.com/views/80312/tom-winnifrith-bearcast-folks-doing-leni-maths-at-vast-resources-and-at-smarter-web
187 days ago
I start with the woes of Nigel Somerville, Minoan (MIN) and Smarter Web (SWC). Then it is Wishbone Gold (WSBN) and getting 3 facts straight, Optibiotix (OPTI) and Skinbiotherapeutics (SBTX). Sign HERE to stop Steve O’Hara crushing both share prices even more. Then Mirriad (MIRI) and a dead cat bounce, Empressaria (EMR) and FD Technology (FDP) both of which have received bids today. Here’s why there will be more bids to come. Finally, 3 months and 30 days away, book your Sharestock seats today HERE..
1344 days ago
Obviously I do hope Chelsea goes bust and is docked 500 points and finds itself playing next season in the National League so allowing two clubs to be promoted which might just include Wrexham. But what is happening to the Abramovitch sets a dangerous precedent. I discuss this with reference to Evraz (EVR). I look at Parsley Box (MEAL) and the role of certain institutional investors and also FinnCrap (FCAP) in some detail. I predict Parsley will go bust by the autumn notwithstanding today’s dishonest bailout. I look at Oxford Cannibinoid (OTCP) and the growing scandal there and also comment on Eurasia (EUA), then at Chill Brands (CHLL) and that other Standard Listed fraud Supply@ME Capital (SYME). I discuss Summerway Capital (SWC) and Argo Blockchain (ARB) but I start with a parents dilemma.
1511 days ago
I am up early thanks to a new nightmare. Can anyone interpret it? Are you out there Joseph? I then look at saint Vin Murria and Summerway Capital (SWC). Then I discuss Lucian Miers big Joe Retail toxic four (Chill Brands, Supply@ME Capital, Tern and Eurasia), why things are going his way, which will crack first and why and what the fallout will be. A regular bearcast will follow later.
1676 days ago
I start with a few words on the late Phil the Greek and reference an article I wrote exactly one month ago HERE on the liberal US celeb Joy Behar calling out Phil and his family as Nazis. I reflect on the weather here in Wales and how tomorrow’s 20 mile training walk for Woodlarks will be very unpleasant indeed. So please do support me with a donation HERE. Then I discuss the saintly Vin Murria and share sales at Summerway (SWC) and for the first and last time in history I am a bit uneasy about all of this. Then the debate on whether to back the Skinbiotherapeutics (SBTX) or the Optibiotix (OPTI) charger?
1700 days ago
In this podcast I discuss the idea of “shit investing”. I look at some stocks which are merde like Tiger Royalties (TIR) and Wildcat Petroleum (WCAT) and things David Lenigas might ramp and others which are not and which I discuss in detail, notably Jubilee Metals (JLP) and Summerway Capital (SWC) run by the wonderful Vin Murria.
1793 days ago
First I start with Joshua’s Advent calendar and the appearance of the star. Then who is to be my Christmas carol villain of the year then it has to be Welsh First Minister Mark Drakeford who today has just gone complelely bonkers as I describe HERE. Then I look at Vin Murria’s Summerway Capital (SWC) and explain why you are not too late even at 1.65p. then a look at AFC Energy (AFC) and my new policy on dealing with abusive trolls. I discuss Fox Marble (FOX) and averaging down and then the scandal that is Remote Monitoring Systems (RMS) gets even worse. Surely the Oxymorons must investigate.
1795 days ago
In today’s podcast I discuss Joshua’s Advent calendar then look at 2 very naughty Nomads and 2 of their grossly over-valued clients. Roland “Fatty” Cornish looks after European Metal Holdings (EMH). Liam Murray of Cairn looks after the ultimate Penny Dreadful, Catenae (CTEA). Then I return to Sarah Willingham’s NightJar and why she is destroying value for morons who pony up £6 million for the IPO on day 1. This is a scandal and Nomad Allenby should be ashamed. Then onto Purplebricks (PURP) before I look at Summerway (SWC) and why, whatever you pay you MUST buy its shares ASAP
