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BREAKING Catenae: some creditors are more equal than others, how much of the £153,000 has already gone

By Tom Winnifrith, The Sheriff of AIM | Thursday 6 February 2020


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


AIM dog Catenae Innovations (CTEA ) spent the latter part of last week contacting creditors persuading them to swap sums owed for equity in a truly shite deal for those owed cash. What it did not say is that at least one creditor was given a far better deal. Some, it seems, are more equal than others.

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