the smarter web company

30 days ago

Smarter Web Company the madness continues, another £29 million raised at 180p – do the maths

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.

34 days ago

Tom Winnifrith Bearcast No1: Praying for the Rev Andrew Carter as he commits 2 deadly sins: Smarter Web vs Amaroq

The Reverend Carter is , I feart, ignoring the words of the Good Lord Jesus, trying t9o serve a second master in Mammon. He is also committing the first two deadly sins. I start with this curious fellow before comparing directly Amaroq (AMRQ) and The Smarter Web Company (SWC) and in that light look at the curious warrant trade by Gavin Burnell of Globo (GBO) infamy and back to when Neil Woodford really was a good fund manager as he went against the madness of crowds.

36 days ago

Tom Winnifrith Bearcast No 2: Nonsense built upon nonsense upon nonsense

I discuss Joshua's best sports day ever then The Smarter Web Company (SWC) and the real nonsense at Hydrogen Utopia (HUI) as it runs out of money

38 days ago

Tom Winnifrith Bearcast No 1: The big question for the Smarter Web Company and a helpful suggestion for the sharp cards behind it

Does the bitcoin price need to go up 9 or 19 times to make The Smarter Web Company (SWC) fair value? I post the big question but also offer a helpful suggestion to the sharp operators and spivs behind it of how they can make out like bandits this summer.

42 days ago

Tom Winnifrith Bearcast No 1: Bluebird joins the bandwagon the hard numbers as Smarter Web raises again - look at the warrants, this is mad

Now Bluebird Mining Ventures (BMV) has joi8ned the bitcoin as a treasury bandwagon so I have exposure to this madness. I discuss that and walk you through the real numbers, look at all those warrants, at The Smarter Web Company (SWC) as it raises again and at the sort of folks, including a vile Catholic priest, batting for it on X and what that says. 

43 days ago

Tom Winnifrith Bearcast No 2: now £200m of madness that will go up in smoke across 4 UK bitcoin as a treasury companies

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.

44 days ago

Can you short shares in the Smarter Web Company at a joke £157m valuation? AQSE says no but you can!

The Smarter Web Company (SWC) share price is wholly indefensible. At 83.5p the market cap is £157 million and it has cash, or I suspect bitcoin, worth, perhaps, £12 million. Its core web design business is a nothingburger making insufficient profit to cover even a fraction of PLC costs. So, it needs the bitcoin price to jump to c$1.37 million to be even fair value. It won’t happen. But the heavily traded shares are on AQSE which says that you cannot short shares on it. But you can.

55 days ago

Tom Winnifrith Bearcast No1, the £94m madness of The Smarter Web company, think back to Mark Slater's Internet Indirect

I cast no blame on my friend Mark but look back 25 years ago to what happened then and to the latest utter madness at the Smarter Web Company (SWC) - - update, having said it wanted £3 million, smarter has raised £7 million so £13 million cash plays a £94 million market cap. This is madness..

63 days ago

Truly insane, the lunatics have taken over the AQSE Asylum with a £50m spoof: do Peterhouse staffers believe in the day of judgement?

A long time ago I had a friend, Tony, who was a financial journalist and a Marxist. His favourite phrase was that “the only problem with revolutions is that you run out of lead.” I think of that as I look at the latest madness at The Smarter Web Company (SWC), now valued at £50 million and where mug punters are going to be trashed. Those crony capitalists responsible deserve to meet a grisly fate when the glorious revolution, led either by we true capitalist libertarians or by revolting workers, takes place.

67 days ago

Tom Winnifrith Bearcast: Peterhouse, the Mail on Sunday and others disgrace themselves with The Smarter Web Company

I start with gardening news then a sack the chairman and NED at Optibiotix (OPTI) update, keep pledging your support HERE – we may be over 5% already. Finally the IPO of The Smart Web Company and today’s coverage in the Mail on Sunday, this is a scandal and a disgrace at every level.