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.
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:
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.
123 days ago
Just when I thought that every bad penny of self important egomaniac in town had jumped on the bandwagon there is another blast from the past to dumbfound we cynics of the bitcoin in treasury madness. The antics of Nicola Horlick and her equally ghastly ex husband Timmy have been well documented on this website, the highlight being when she charged fat due diligence fees at her Bramdean outfit to invest millions of pounds of client money in Bernie Madoff ponzi funds. Some due diligence Nicola.
143 days ago
I am not surprised that punters with warrants mainly at 1p but also at 6p have been exercising in droves as announced today. With the shares at almost 10p but worth a maximum of 1p but perhaps as little as 0.1p depending on whether the current 100 million quid funding round at 1p succeeds, folks would be mad not to exercise warrants and sell. Equally anyone buying the shares at almost 10p is also mad. Today there is another howling corporate governance stinker.
282 days ago
292 days ago
Thank you to reader C for flagging up something I missed yesterday. Cleantech Lithium (CTL) is already uninvestable thanks to the criminal corporate governance failings exposed HERE yesterday, the collapse in the lithium price, which makes its project less than certain to be viable, and its ongoing financing woes. Yesterday it announced that it had raised £2.4 million gross at 16p. But…
382 days ago
697 days ago
On 31 March 2023 Upland Resources (UPL) issued results for the six months to 31 December. On page 13 of 14 it discussed warrants issued on 27 October 2022 with a 0.4p strike and stated:
757 days ago
On Tuesday morning I flagged up glaring red flags in the Monday announcement from the bezzle Regtech Open (RTOP) that Alessandro Zamboni’s Avant Garde had transferred 250,000 warrants “to settle a debt”. A corrective RNS duly followed. Gotcha! But the transaction still makes no sense.
1519 days ago
Tomorrow, I shall tell you about a young man in despair, naming no names but what it says about this country. Today, I look at Powerhouse Energy (PHE) options and warrants, Zoltav Resources (ZOL), Sensyne (SENS), Supply@ME Capital (SYME), Parsley Box (MEAL), Deepverge (DVRG) and Chill Brands (CHLL).
1729 days ago
After years as a serial AIM dog about which we repeatedly warned, Mountfield Group (MOGP) is now a cash shell c/o a Peterhouse Corporate Finance Special. A recent placing at 0.1975p has allowed many of the spiv, sewer dwelling, clients of Peterhouse to flip their stock for a quick turn. For them and also the advisers who racked up costs of c£300,000 on the £3.1 million placing it is coke, hookers and in many cases warrants all round. Yum Yum. But this is perhaps not a total tale from the sewer.
2766 days ago
We still have some warrants in Amryt (AMYT) and I know this is a big year both in terms of clinical trials and also sales ramp up but I admit that I am a bit off the pace on exactly what is going on. So over to someone who is bang up to speed.
3215 days ago
If one looks at the volume of shares traded in the fraud Cloudtag (CTAG) in the last four months (from LSE’s AIM statistics) you can see that almost half the shares in the company changed hands in the month of December, reflecting the run up to existing launch of new exciting product at CES show in Las Vegas (hmm sounds rather familiar didn’t that happen in 2016 as well?).
3336 days ago
My last comment on Wishbone Gold (WSBN) was not exactly positive. The company's shares had raced ahead, in part methinks, down to comments made by me saying I'd not be selling until the shares were closer to 2p than 1p. It then raised £600,000 at just 0.75p with broker Beaufort Securites trousering not just commission but warrants. I write a fairly vicious piece HERE. But we did not sell and at 1p are still holding and hoping for better. I swapped emails with chairman Richard Poulden last week.
3339 days ago
Concepta (CPT) has announced that it has issued 464,674 shares following the exercise of warrants - something we warned you about last week. That brings in £34,851 which is frankly neither here not there. Around 10% of that cash came from the exercise of warrants by FIML and my pension fund. Neither are selling at anything like this price although the shares are well up on a 14p offer share tip.
3397 days ago
Back on 15 June Highland Natural Resources (HNR) announced what was in essence a covert placing with a spiv share flipper. It was dressed up as something rather different but the failure of that spiv to issue a TR1 shows this laughable pretence up for what it is.
You will remember that DT Ultravert - a related party run by Highlands's bosses Paul - I won't answer damning questions - Mendell & Robert Price - agreed to sell warrants
3443 days ago
Today we are told by Highlands Natural Resources (HNR) that the "institutional investor" that it refuses to name which bought 10 million 25p warrants ( and has an option to by 20 million more) at 1p per share has exercised 5 million warrants. Oooh er missus, now this spiv & chancer, sorry meant Institutional Investor must reveal himself.
3516 days ago
In a mad rush given that it could be booted off the AIM casino on Friday, Andalas Energy (ADL) is - according to my sources trying to raise £2 million at between 0.45p and 0.55p - that compares to 1.3p just prior to suspension. Rule breaking low life dirtbag CEO Dave Whitby has engaged commission hungry/ethics light brokers at Cornhill to bring in the cash, promising them market beating commission plus warrants - a package worth several hundred thousand quid if they can stiff their clients and back this issue. For mug punters the maths just do not stack up.
4164 days ago
Cenkos, Canaccord and Daniel Stewart are the three City firms that have made most money from listing Quindell (QPP), advising it and helping it raise cash. For these three City firms Quindell has been an enormous money spinner. And the last published research reports from these three fine houses all advise investors to BUY Quindell stock with price targets a multiple of where the shares are now. But ….
While these firms want their clients to buy shares in Quindell as it keeps the gravy train on the road would these firms risk their own capital investing in the company? Facts speak louder than words.
I start with Daniel Stewart.
