55 days ago
A taxi arrives at 4 AM tomorrow as I head to Greece for olive picking. So there may not be a bearcast on Sunday but I might do one if I can. Today I look at FD’s resigning and Nightcap (NGHT) in particular as a whistleblower has been in touch. I explain why it may well go bust soon.
565 days ago
Earlier I posted damning claims about musicMagpie (MMAG) by someone claiming to be an ex employee, which suggest that the busineses’s new ventures will flop and its existing business is in real decline. So who is this poster? It has been suggested that it is the company’s CTO David Hilton. The company’s PR firm Powerscourt cannot be arsed to return calls as promised which only fuels uncertainty whiile musicMagpie HQ was not even answering the phone mid afternoon. But Mr Hilton has better manners and has got back to me to say he is still employed at music and is not the whistleblower.
628 days ago
I am today alone at the Greek Hovel, for reasons I explain. Walking up and down snake hill, I must have sweated off 15 lbs! In the podcast, I start with a look at Boohoo (BOO), ASOS (ASC) and the issue of earnings visibility, as business models are forced to change. On my return, I spoke to a whistleblower from a 2021 IPO roll-call-of-shame company; I relay some of the specific accusations made. I’m not sure when to name the company, and how I should play it. But I will do so when back in the UK. The said accusations compound a dire financial position, about which I have warned you numerous times.
628 days ago
The whisteblower tells truly salacious stories – I shall speak to them at length, later. I discuss FinnCap (FCAP), the fraud Supply@ME Capital (SYME), IQE (IQE), the chocolate teapots at the FCA, and MGC Pharmaceuticals (MXC). Gotcha!
633 days ago
I start with the Tory leadership contest. Aren’t they both awful? Then I discuss chatting to a whistleblower. Then it is onto Reach (RCH), Toople (TOOP ) – surely the FCA must act – Wickes (WIX), Made.com (MADE) and the fraud Supply@ME Capital (SYME)
793 days ago
You may remember that Julie “Lingerie on expenses” Meyer MBE tried to wriggle out of paying £200,000 to lawyer Julian Pike of Farrer & Co who she had engaged,inter alia,to troll and harass myself and whistleblower John Galt. She lost the case against Farrer but appealed.She has lost again.The judgment of Mr Justice Kerr is below and is a joy to read. Ouzos all round tonight!!!
1216 days ago
Yesterday I revealed how Roland “Fatty” Cornish was, as Nomad, to Octagonal (OCT) approached by a whistleblower about manifest and multiple regulatory failings but instead of acting on this matter he dobbed the whistleblower in to the company which saw the whistleblower getting a lawyers letter. This should see Fatty struck off as a Nomad now that the SEC – with FCA help – is charging Octagonal and its boss John Gunn over these matters and others. It gets worse for Fatty.
1506 days ago
I have two guests in this week’s show which is sponsored by Open Orphan PLC (ORPH) .I also discuss Coronavirus and the markets an d my own experiences as a (failed) whistleblower. My first guest is Petrick Abbott, formerly head of Versarien’s US operations who sets the record straight on why he left and spills the beans on what is really happening, or not, at his old employer. Then I chat to Lucian Miers about the markets, his top 3 US shorts, Apple, NMC Health (NMC), De La Rue (DLAR), IQE (IQE), Tullow (TLW), Telit (TCM) and Versarien (VRS). I am walking 34 miles for Woodlarks with Lucian and others this June 13 and I ask you to sponsor we rogue bloggers HERE. If you like this podcast and can’t wait seven days for more of the same and are tired of being a cheapskate you should listen to my Bearcast and enjoy our cracking writen exposes and analysis every day HERE.
1511 days ago
Sadly Lyin’ Neill Ricketts of Versarien (VRS) has not been in touch about my offer to record a podcast but I have a former senior executive turned whistleblower to interview instead and I shall do that tonight and it will go live, togerher with a chat with Lucian Miers in the next edition of ShareProphets Radio out soon, Elsewhere I discuss NMC Heath (NMC) and lessons learned, Zenith Energy (ZEN) and Anglo African Oil & Gas (AAOG), whether Tullow (TLW) could be a sero, Aston Martin (AML), Cobra Resources (COBR) and finally ask when Telit (TCM) will serve up a profits warning. Surely it is due.
1697 days ago
Therev are some advantages of being old. Folks like Gary Newman are young so know of Tom Cross only from the glory days of Dana. I remember him as a bit of a chancer in its early days. I discuss that and Parkmead (PMG). Then I look at IQE (IQE) and the bulletin board morons. Tonight I am off to see a whistleblower on one of my old foes and am promised a trove of documents and recordings. Watch this space.
1698 days ago
Prompted by two phone calls today which could yield explosive results against an old adversary I reflect on why more and more whistleblowers come to me and why they are safe in doing so. Then, prompted by something very exciting I should be able to reveal in September, I look at why going to the FCA is such a waste of time and what it needs to do to change its ways.
1711 days ago
I have always believed that Purplebricks (PURP) stiffs both staff and customers and that is why it will eventually ru out of cash so stiffing shareholders too. This video below validates my thesis with a former employee giving hard numbers on that stiffing, a true whistleblower. Enjoy.
2040 days ago
Followers of Julie "lingerie on expenses" Meyer whill know that her most vociferous critic is whistleblower ex employee John Galt. Meyer's lawyer, Julian Pike of Farrer & Co, delighted in bullying web-hosting companies to remove 100% accurate blog posts by Galt. The next step was to force those web companies to disclose Galt's name and address....Pike and Meyer initiated legal action but as you can see below...
2148 days ago
Over the past three months Julie "lingerie on expenses" and her loathsome lawyer Julian Pike of Farrer & Co have sought to gag whistleblower John Galt, a former employee of Ariadne who has exposed the wholesale fraud at the heart of Meyer's empire. Lying to Court on an industrial scale Meyer has striven to have Galt shut down. The letter below was sent by Galt to Meyer in March and explains why he is now ignoring the threats and speaking out as are so many others. Enjoy!
2176 days ago
At least the devout Christian, who fled Maltese police to avoid facing criminal charges, is only set to face PR maestro and whistleblower Henry Gewanter in a civil court. Like oh so many before him poor Henry has not been paid by Julie Meyer and so I have stepped in to assist.
2187 days ago
John Galt the whitleblower turned nemesis of devout Christian Julie Meyer MBE is back online just days after Julie Meyer's lawyers managed to bully his webhoster into removing his posts. He is back with TWO damning exposes full of new material including details of an alleged crime with a two year sentence which Galt has reported to the British Police. Meyer has already fled Malta where the Police there are after her. Before Meyer's lawyers - if she has any left - get these posts taken down have a butcher's as they are utterly damning and explosive.
2189 days ago
As you can see below the blog of Julie Meyer's biggest critic. former employee turned whistleblower John Galt, has been suspended. This happened last night and one can only conclude that the web hoster received a stern lawyer's letter from someone. Who do we know who has a habit of sending out threatening lawyers letters to all and sundry in response to factually accurate articles? Hmmmmm. Hint, might the old Bill in Malta currently be searching for this person after she skipped a court appearance? The bad news for Julie....
2213 days ago
If you are my age you may remember the song, it was a hit when I lived there and today i head over to stay with the same folks as i lived with more than 30 years ago. Ahead of that there are more words on the gender pay gap data abuse as covered in detail HERE and then I cover Vela (VELA) and a bursting blockchain bubble, Vitesse Media (VIS) - opportunistic scumbags - Infrstrata (INFA), Inspirit (INSP), Collagen (COS), MySquar (MYSQ) and Frontera (FRR). And there may be major news on Air Partner (AIR) soon, I seem to have found a whistleblower. Happy days. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH.
2370 days ago
This is a two part bearcast. In part one I discuss what is the biggest single investment we have made for a couple of years which comes back to the market this week. I explain why I am excited and why we have gone in big. Then I pick up on Malcolm Stacey's article yesterday on Day Trading. A) Don't do it and B) why this is one of many signs that remind me of the latter stages of the 2001 bull market. I recount my failings as a whistleblower then and why I am so depressed by the sordid antics of today's AIM
2408 days ago
Those seeking to oust the board at Stratex (STI) have not been playing with a straight bat as an RNS late yesterday made clear. They are vermin who should be sent packing. Ditto Professor Conroy of Conroy Gold & Natural Resources (CGNR). I have news on his latest courtroom scrape in Dublin and also on the Afren (AFR) whistleblower to whom I make a generous offer. I am warming to Blur (BLUR) after today's placing and am almost tempted to nibble now that ghastly Phil Letts and his even more ghastly Mrs have gone. There is a detailed analysis of interims from Watchstone (WTG) - Quindell as was. Do not get suckered by that headline cash number. It is not real and the shares are a sell. Finally there is an update on the African Potash (AFPO) and Paragon Diamonds (PRG) litigation.
2414 days ago
Remember the Afren (AFR) disaster 2015. Readers of this website were warned numerous times but still thousands of investors lost a packet. Afren was a story of over-gearing, falling oil prices, incompetence but also of fraud. Elekwachi Ukwu was the Afren plc Company Secretary and claims to have been fired for whistleblowing. Now Ukwu is preparing to spill the beans.
2414 days ago
The whistelblower who assisted me in exposing the fraudulent statements made by lyin' Chris Cleverley and African Potash (AFPO) and signed off with no attempt to verify by Stewart Dickson at nomad Cantor Fitzgerald has now assisted those investors who want their money back. Praise be the Lord, Cantor is in the merde.
2742 days ago
Speaking out against Bushveld Minerals (BMN) today will cost me hard cash but I want nothing to do with this company after its sordid antics of last week. I plan tomorrow to look at how ADVFN's (AFN) results snuck out at no-one is watching O'Clock yesterday do not give a full and fair picture and that may also cost me financially. So be it. 15 years ago I was a failed whistleblower. I think there are mitigating circumstances but I regret it none the less and relay that story. Sometimes, whatever the consequences, you just have to speak up.
2802 days ago
On December 1 2015 AIM listed African Potash (AFPO) announced what appeared an incredible marketing deal for its fertiliser with a company called Beryl - of course nothing has come of the deal and what African neglected to mention was a £600,000 bung. A source in London has sent me the signed contract. One month and 12 days ahead of a bailout placing investors were grossly mislead as to the nature of the Beryl deal. Potash shares need to be suspended at once and AIM Regulation and the FCA have to get involved.
3397 days ago
The title is self-explanatory. The contents of this podcast are most serious. hapless Nomad Cenkos can verify the lot or it can just admit that it does not give a FF about its regulatory duties.
3428 days ago
I am rather dreading heading back to the Greek Hovel tonight. I left at 3 PM as the electricity had gone again. I fled naturally to the Kourounis taverna where lovely Eleni assured me at 4 that it was back on. I sha;l find out shortly but have my torch ready just in case. But I postpone the trip back with another ouzo.
I hung around in Kambos because at 5 PM George the head olive picker arrived with the first 25 sacks from the Greek Hovel. We deposited them at the Olive Oil factory in the centre of the village and I now have a yellow slip saying that I have deposited 1033 kg ( just over a tonne) of olives. There is at least another half a tonne to arrive tomorrow as we finish up the harvest. Bags are stacked at the hovel and the only trees left to harvest are on the flat area next to the house. We are almost done.
So tomorrow we finish. It is Christmas pudding with Nikko, Vangelis and the others, steamed by Eleni. And we are done. And I had a Quindell whistleblower on the phone as a bonus. That job is almost done too. More on that tomorrow.
3752 days ago
Ooooooooh Er…Missus: The Silverdell whistleblowing hotline is humming tonight. Next up in the witness box is an investor who I regard very highly indeed and who attended a meeting with disgraced CEO Sean Nutley on 10th June 2013.
To read about how an internal whistleblower within Silverdell revealed to me how Nutley is clearly guilty of market abuse click HERE
If you would like to dish the dirt on Nutley or Silverdell simply email me at [email protected] or call me on the whistleblowing hotline 07761030374 – all sources will be 100% protected.
The investor states:
I attended a meeting with Silverdell on Monday 10 June 2013.
3752 days ago
A senior manager at Silverdell (SID) has been in touch and has given me a statement which makes dreadful reading for disgraced CEO Sean Nutley. If the regulators want to nail Sean this is not going to be hard. This statement also makes very awkward reading indeed for Nomad FinnCap.
You can see the rap sheet against Nutley HERE
And you can find out how you can (and should) complain to the regulators HERE
Nutley’s big crime (under market abuse – dissemination) is publishing an upbeat trading statement on 20th June when his main subsidiary had received a winding up order on 13th June (something which brought Silverdell down by July 2 but which Silverdell did not disclose to the market.) I speculated yesterday that perhaps Nutley did not know about Kitsons.
He did. The Whistleblower whose identity I must protect takes it up from here.
3752 days ago
It has been put to me that disgraced Silverdell CEO Sean Nutley might have one – utterly implausible - defence against the charge that he misled investors in June 2013. I wonder if any disgruntled (now) ex-employees of the Kitsons subsidiary would care to get in touch to help me publically shoot this down in flames.
