Cash guzzling POS Iconic (ICON) faces a 15% shareholder wishing to oust the board, OTT, and a legal claim from death spiral provider European High Growth Opportunities Securitization Fund, EGHOF, which it airily dismisses as baseless. It is wrong to do so and here is why.

I guess with shares in Supply@ME Capital (SYME) now suspended, the paid for penny share ramper Alex McKinley of LSE Sharetalk, employer of the Sith Lord Zak Mir, needs to find other shite to promote with ludicrous targets plucked from thin air. I flagged up one zero sales entity enjoying full on ABM pumping here, now have a butcher’s at Ridgecrest (RDGC) which this loathsome sewer dweller is pumping today.

Asset manager Jonathan Mergott, says that what folks are missing is that we are now seeing a loss of faith in the system. This will be the main driver for gold.

The results were so shockingly bad that it is hard to see why Versarien (VRS) bothered to mislead investors. But it did and in a material way and thus I have written to the Oxymorons at AIM Regulation to flag this up and suggesting that odious Neill Ricketts and his disgraced Nomad, SP Angel of the fraud MySquar infamy, be forced to restate  reissue a corrected version. The letter is below.

Hello Share Guzzlers. A big national survey found that my home town is second on the list of ‘the best UK places to live after Covid’. As I’m trying to sell my gaff, that’s nice news. This report chimes with other evidence that people are becoming fed up with their homes and are seeking nicer places in which to live and work from the kitchen table. So shares in housebuilding firms should continue to rise…

I have today been distracted by rising flood waters which you can see here and which I start the podcast discussing. Then it is onto Supply@ME Capital (SYME), Versarien (VRS), Argo Blockchain (ARB), Remote Monitored Systems (RMS) and Westminster Group (WSG).

You would need a Nomad without any morals whatsoever to sign off on junk like this. Luckily Versarien (VRS) employs SP Angel of the fraud MySquar infamy so that’s alright then. These, delayed, numbers for the six months to 30 September 2020 are just piss poor, and also deceptive.

Previously writing on ‘analytics-as-a-service’ company Actual Experience (ACT), with the shares up towards 120p last month I noted, as it emphasised “delighted to announce… new channel partner”, balance sheet concern. Today “Trading Update and Equity Placing”…

There is a “private” chat room on Telegram where shareholders in Supply@ME Capital  (SYME) discuss why this con of a company is going to make them rich beyond their wildest dreams. But, with the shares suspended today by the FCA as a result of my good work, naturally they need to think of how they can solve their problems. Natch, the answer is, as you can see below, to kill me. Sure: killing a journalist is always a cunning plan…

With some folks having paid 8p+ for shares in Xtract Resources (XTR) late last week, today the company did a placing to the sewer-dwelling clients of Novum Securities at just 4.5p.  The shares are now just 4.8p to sell. Boy those folks suckered in by the Colin Bird ramping must be hurting today. This is so familiar but I did warn you explicitly what the old scoundrel was up to.

Any regular reader of this website may have noticed that I have become fairly bullish on the travel sector recently, although mixed with a degree of caution as well as there are still plenty of risks for these businesses.

A “Directorate Change”-titled announcement from self-styled “a leading producer and supplier of graphene nanoplatelets based products for use in consumer and industrial markets” Directa Plus (DCTA) – and the shares currently at 88.5p, more than 4% lower in response. I guess the change ain’t an exciting new appointment then…

Ross Norman of Metals Daily is an industry veteran and knows his onions. His 2021 precious metals forecasts will surprise gold bugs such as our in-house loon Nigel Somerville, with their caution. Over to the great man who predicts:

My joy this morning is somewhat tempered by the fact that the River Dee which flows past the Welsh hovel in which I live is at its highest level this century and I have wasted much time putting sandbags by the doors at the river end of the house. Fingers are crossed as, right now, the waters have just reached door level. Notwithstanding that, it is ouzo on cornflakes time, as shares in con Supply@ME Capital (SYME) have been suspended at my instigation, albeit two days too late.

Hello, Share Pickers. Oh, dear! It’s always worrying when I do this. But I want to bring you news of a company which Uncle Tom has been critical of in the past. He’s done that mainly on the grounds of value. And he’s a value investor. But this company looks to be building better foundations and the future for its particular market looks chirpy…

Union Jack Oil (UJO) has announced that it has agreed to acquire a further 15% economic interest in PEDL253 containing the Biscathorpe project, to increase its interest there to 45%, and the shares have edged up. Is Mr Market right or wrong?…

Previously writing on manufacturer of carbon fibre reinforced ceramic automotive brake discs Surface Transforms (SCE), earlier this month I concluded with the shares at 53p that there looks interesting future potential here, but ahead of further balance sheet and revenue detail (results expected in May) and with the already more than £80 million market cap, I currently continue to avoid. Now a placing and proposed open offer…

And now from Wales, by just 30 yards, it is my new weekly video show. This costs 99p per episode, and you can either listen to, or watch, some sparky interviews with Staurt Ashman of Skinbiotherapeutics (SBTX) where I am 130% up in seven months but think the shares could 20 bag from here and bear raider Lucian Miers on macro economics his cooling feelings on cold and warming feelings on bitcoin and his big longs and shorts. Then there are a few thoughts on companies you must NOT own, including the latest nonsense from the scallywags at Powerhouse Energy (PHE).You can access the show HERE

Sabien (SNT) has been around for years developing boilers that were going to revolutionise the world. Whatever. Floated at 52p per share in 2006, its shares now trade at 0.1p after more catastrophic news. Losses to date are in excess of £5 million but at least it has been providing a steady source of coke and hookers cash for London’s Nomads, brokers, PR fluffies et al. Today came a real shocker.

I start with the weather. Guess what it is like in Wales today. I end with Joe Biden, what I shall NOT be watching tonight, what I fear from the next four years and why. In between, I look at IQE (IQE), Bidstack (BIDS), Xtract Resources (XTR), Eurasia Mining (EUA) and Greatland Gold (GGP). But it is mainly IQE.