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BREAKING: Has Tintra, the AIM Company of the year 2022 and a total Norfolk, been wound up for real this time?

You may remember that earlier this year, death spiral provider Fintech Leaders Fund served a winding up petition on Tintra Ltd, formerly Tintra PLC (TNT), the AIM Company of the year 2022 over a bill which was a fraction of the amount of net cash Tintra claimed to be sitting on when it delisted. That order was stayed for 56 days as Tintra promised to pay. Wind forward to 24 April…

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Catenai – this is bonkers: Liam Murray on the funny fags again?

Sub scale investment company Catenai (CTAI) was meant to surf the AI wave following its latest exercise in rebranding and bandwagon jumping. Today it has announced a non AI, related party, deal which is almost criminally insane.

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Tern: is this an admission that it deceived investors (again) on 12 April?

If sub-scale investor in useless companies Tern (TERN) stated that 2+2 =4 I’d ask for that claim to be independently verified such is the way that over the years it has played fast and loose with the truth. On April12 it raised £420,000 gross in a deeply discounted post ramp placing at 2.4p and stated:

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Bluejay Mining, I am confused, surely it and disgraced Nomad SP Angel are not telling porkies (again)?

With a hat tip to reader D, I am mighty confused by recent comments made by BlueJay Mining (JAY) and its disgraced Nomad SP Angel of the fraud MySquar (MYSQ) infamy. I flagged up last week how the company was diworsifying into, inter alia, helium and hydrocarbon exploration in Greenland having failed at everything else.

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UK Oil & Gas – Think the unthinkable, might its bailout placing fail?

On April 2 shares in UK Oil & Gas (UKOG) had plunged to 0.065p after the publication of annual results and an explicit warning from the auditors. Today the shares are just 0.0375p and falling rapidly.

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Oracle Power, David Lenigas and Mining Equities Pty Ltd: it’s a small world innit?

I flagged up earlier this week how the deal struck by Oracle Power (ORCP) to but a nothingburger copper silver exploration tenement was just a pump, a promote, nothing of substance. And yesterday leading the pump on twitter spiking the shares by 27% to 0.0335p was the man himself, David Lenigas.

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BREAKING: Another £70m AIM disaster as ETX announces plans to delist as it completes £28.9 million fund raise

AIM can brush off shitty little companies with no cash delisting as being a merely cyclical episode of bear market blues. However, following news that £70 million RedX Pharma (REDX) was to delist and go private there is another bombshell today. ETX Therapeutics (ETX) has announced that it is raising £28.9 million at 15p, a premium of 2.5p to last night’s close but that is conditional on it delisting too.

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Cleantech Lithium – Roland “Fatty” Cornish actively signs off on deception as CEO hides dumping of his entire stake

London’s worst Nomad, Roland “Fatty” Cornish signed off on an RNS yesterday from Cleantech Lithium (CTL) with the headline “director’s share dealings.” That sounded innocuous and most folks, myself included, will have ignored it as a nothingburger. That is what Fatty wanted. In reality the news was a bombshell and so the market was deceived by “fatty.” This is serious. In terms Fatty will understand, It is like ordering spotted dick with lashings of custard at the end of an eight course luncheon and being served Eton mess but told it really is spotted dick.

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Tern – Wyld T04 warrant fund raising & a looming margin call

Tern (TERN) shares have risen strongly in recent days following an investor presentation and and a, paid for, report prepared by Progressive which highlighted the potential jam tomorrow of its 4 largest holdings being Device Authority, Talking Medicines, Fundamental VR and Wyld Networks.  Konetiko of course having being placed into administration.

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Clem Chambers trough-fest Online Blockchain Annual Report finally surfaces and it’s a hoot

Thrown off the AIM sewer on January 5 2024 after its Nomad, London’s worst, Roland “fatty” Cornish quit, Online Blockchain (OBC) has finally, yesterday, filed its annual report for the year to June 30th 2023. You really could not make it up. Awarding himself a 25% pay rise, boss Clem Chambers is a laugh a minute. He starts off with Fatty’s Resignation. Natch it was not Clem’s fault.