Even at just 6.75p mid, the market cap of Dev Clever (DEV) is £31 million which – for a company with sub £1.5 million cash, annual sales of, perhaps, £2 million and which is heavily loss making – is ludicrous.  But what is now coming ever more sharply into focus is the ludicrous financing deal with AIM listed Asimilar (ASLR).

The bulls are creaming themselves. The shares up by 13% at 40p and the cult-like followers of shameless Neill Ricketts say there are now real revenues from graphene sales. But I think not. The RNS issued by Versarien (VRS) today is utterly disingenuous and no Nomad other than shamed and disgraced fraudsters fave SP Angel would have signed off on it.

Yesterday on castings and engineering company Chamberlin (CMH), here I noted a massive contract loss and financial red flags fluttering. Today an announcement of research “Chamberlin (CMH): Trading update ‒ main businesses performing solidly”. You what? Hardman is ‘avin’ a giraffe is it not? 

AIM-listed jam-tomorrow investment company Tern plc (TERN) has announced a contract for investee FundamentalVR (FVRVS) but it seems the market in unimpressed and shares in Tern have again fallen below the recent fundraising price.

Whenever a smaller oil company is drilling a well these days you pretty much have to expect the share price to get hammered unless they announce a substantial find that exceeded market expectations, and that is exactly what hammered to Union Jack Oil (UJO) this week.

Lekoil (LEK) RNS’ed late yesterday that a significant shareholder (Metallon Corporation Limited), which holds 15.4% of the company equity has called for an EGM. It’s proposing three interesting new directors be elected to the board. With the shares suspended and the balance sheet a train wreck, the Lekoil board has the audacity to claim this is an attempt to control the company on the cheap!…

It is less than a year since fuel emulsifier Sulnox floated on the NEX market, now branded Aquis, and already a couple of directors and the auditors have walked. But now comes a GM Request to oust boss Nick Nelson (a good guy) and his fellow directors and replace them with four new suits. But in a world where Aquis Regulation and the FCA were not complete chocolate teapots, the convicted fraudster behind the coup would surely have been stopped. Yes that is right – this coup is masterminded by a convicted felon.

Hello Share Screechers. All that positive vaccine news has galvanised the Footsie and, as all ships rise on the tide, most listed companies have seen a boost in share prices. But it’s worth seeking out those that have not improved though really they should be no different to the companies that have. One such case is AFH Financial (AFHP)…

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  Chris Gilbert the boss of Fox Marble followed by me explaining why, though I am 80% down, I am sure Fox will multibag from here. Then a very long – and very funny – session with Zak Mir with his top share tip among London small caps, his view on the markets, the real economy and discussions on Supply@ME Capital (SYME), Eurasia Mining (EUA) & the lies of both, on Big Dish (DISH) and more. Finally it is me onSupply’s lies again and also on why Trainline (TRN) miust surely see a share price collapse. You can access the show HERE

As at June 30, thanks to a grubby fund raise organised by Nomad and broker Stifel, Bidstack (BIDS) sat on £5.9 million of cash and bet current assets were only a tad lower. But as we approach Advent and the year end, that position has got much worse. When, I wonder, is the warning and official admission of that?

I answer this question as best I can as there has been internet commentary suggesting that it is. After Supply@ME Capital (SYME), I look at another POS, Bidstack (BIDS) and a third in TrakM8 (TRAK). Then it is onto Union Jack Oil (UJO), Reabold (RBD) and Concepta (CPT) where – do not laugh – I am really very excited.

Shares in graphene-based products company Directa Plus (DCTA) are currently at 88.5p, more than 40% higher, on it announcing what it argues “represents the opening of a new, high potential vertical market that could use large amounts of our products”. Is the share price response really justified though?…

Cineworld (CINE) is drowning in more than $8 billion of net debt. Its net assets at the half year were just $1.2 billion and if you strip out intangibles that number falls to MINUS $4.3 billion. With cinemas around the world either shuttered or likely to reopen to much smaller audiences, what to do? Yup…take on more debt.

Today, from AstraZeneca (AZN) and the City of lost causes, we have news on a third vaccine against Covid-19. There will soon be a fourth and a fifth and at some stage lots of folks will ignore concerns about potential long term side effects to get vaccinated against a disease which kills 0.05% of those under 70 who catch it. And a bedwetting world can breathe a sigh of relief and, even idiots like Matt Hancock, will realise that we will not need mass testing and we can get on with our lives.

We have more good news this morning from AIM-listed Turkish gold-miner Ariana Resources (AAU) in the form of the Q3 numbers from the Kiziltepe joint venture. The Gold price may still be in a correction, but Ariana’s shares are showing some strength and it is not hard to see why.

Previously writing on castings and engineering company Chamberlin (CMH), in February with the shares at 24p I noted financials & Premier Miton concerns. Today a “Trading Update”… and the shares at 9.5p, a further more than 15% lower on the back of it…

The Times newspaper today flags up a series of tweets which, almost certainly, break AIM Rules and relate to Remote Monitoring Systems (RMS), a company rapidly becoming the poster boy for the AIM Cesspit. They are not the hanging offence but there is a hanging offence out there…

Brett Heath runs, Metalla, a precious metals streaming company so he is talking his own book here. Heck, don’t we all?

Hello Share Tackers. As my more talented colleague Chris Bailey sometimes says: companies doing boring things should not be excluded from our bargain hunts. They are often more successful than firms which do exciting stuff. Volex (VLX) is a company that makes wire. Prosaic, don’t you think?…

Then they cry unto the Lord in their trouble, and he saveth them out of their distresses. He sent his word, and healed them, and delivered them from their destructions.  Oh that men would praise the Lord for his goodness, and for his wonderful works to the children of men! Psalm 107 verses 19-21, King James Version, natch.