Results

Stuttard’s Septic Seven April update: Happy Easter Mr Stuttard, you are down 55%!

Published 72 days ago

Obviously the world’s most successful growth market is tightly regulated and supervised by Marcus Stuttard’s oxymorons of AIM Regulation, who seem incapable of applying their own rules. That is why we selected a beautifully diversified portfolio of stocks which we have Red Flagged here on ShareProphets but since Mr Stuttard’s well-oiled regulatory machinery is just so good there must be nothing wrong. Nothing at all…..which is why after 200 days the portfolio is down by 55%. Oops.

Red Flags at Night – NED-share-pledge-for-loan at Lobster-pot China play MiLoc and the read-across to F40 Jiasen

Published 122 days ago

5.34pm on a Friday – truly no-one-is-watching o’clock – and up pops an RNS from NEX- (the lobster-pot formerly known as ISDX) listed MiLoc Group Limited (ML.P) detailing the dealings of a NED in the company’s shares: he pledged a bunch of shares in return for a loan back in September and has now released the stock to the lender. Sound familiar? Are we thinking Equities First? So where is the RNS from September? And then there are the other companies on that NED’s CV – which include AIM-China Filthy Forty plays Jiasen (JSI), delisting on Tuesday, and already delisted (no accounts) LED Holdings (LED) as well as PAQ International (PAQ) which quietly disappeared from the Casino back in 2010.

Stuttard’s Septic Seven – February update: oh dear!

Published 128 days ago

ShareProphets has Red Flagged quite a few companies on AIM, but as we all know there is no problem of fraud on the world’s most successful growth market. This is why we created a diversified portfolio of Casino stocks for AIM head honcho and Sham Sheriff, Mr Marcus Stuttard, to invest his own cash and thereby demonstrate his complete faith in his team of oxymorons at AIM Regulation. With the portfolio heading towards the end of its fifth month, here is the latest update – and it is not a pretty sight.

Filthy Forty Jiasen – AIM cancellation imminent, NEX application still not made. Timberrrrrr……

Published 133 days ago

Shares in ShareProphets AIM-China Filthy Forty play Jiasen (JSI) have collapsed by another 38% today (last seen) after admitting this morning that having called an EGM proposing to cancel its shares from trading on AIM and move to NEX (the lobster-pot formerly known as ISDX) the application has still not been made. This morning’s RNS makes clear that there is a deadline of tomorrow. Oh dear, oh dear, oh dear. Surely it could not be that NEX, which even found African Potash (AFPO) acceptable, has indicated that it doesn’t want the last remaining listed member of the Fujian Four gracing its exchange, could it? Or is it that the company never had any intention of getting onto NEX?

MiLOC Group – ouzo time as NEX (former ISDX) Corporate Adviser ups sticks

Published 142 days ago

Having dished up a ghastly profit warning on the last trading day before Christmas, China company and NEX- (the lobster-pot formerly known as ISDX) listed Miloc Group (ML.P) has announced the termination of the appointment of its Corporate Adviser, Grant Thornton, with effect from 6 March 2017. We’ve covered this one before (see HERE if you fancy a good giggle) as its FY15 accounts were pure comedy and the history of its listing on London’s sub-junior market has been a festival of Red Flags for this purveyor of Traditional Chinese Medicines. Sadly, it looks as though the joke may soon be over.

United Cacao – it’s thank you and goodnight: another lesson in changing your mind when the facts change

Published 143 days ago

Well, you can’t say you were not warned here on ShareProphets – by the Sheriff himself. Last night at no-one-is-watching o’clock (6.15pm) a small FTSE missive hit the wires confirming the deletion of erstwhile AIM-listed United Cacao (CHOC) from its FTSE AIM All-Share Index, following the continued suspension and cancellation of trading on the Casino, effective on Monday. It is thank you and goodnight.

Filthy Forty Jiasen – And now the reason for proposing the AIM delisting

Published 147 days ago

Yesterday we noted the announcement from ShareProphets AIM-China Filthy Forty play - and one of the Fujian Four – Jiasen (JSI) that it was proposing to delist from the Casino. Having listed at 82p per share in 2014, the current 3.125p (mid, last seen) seems a trifle disappointing. Today the company has given its reasons for the proposal. Try not to laugh….

FRAUD Jiasen - ouzo time as Filthy Forty AIM departure #24 is booked, NED walks

Published 148 days ago

Did it jump or was it pushed? ShareProphets AIM-China Filthy Forty posterboy Jiasen (JSI), one of the Fujian four, has announced this morning that it is proposing to delist from AIM and move instead to NEX (the lobster-pot formerly known as ISDX) - just when we thought that the race to AIM departure #24 from the Filthy Forty was down to a two-horse race between Asian Citrus (ACHL)and MoneySwap (SWAP). Jiasen also announced the departure of a NED with effect from the end of February.

Bulletin Board Moron of the Week - its ouzo time as Potash booted off AIM

Published 163 days ago

Send Tom Winnifrith a fascist lawyers letter as the fraud African Potash (AFPO) did on September 1 and your fate is sealed. Today African Potash was formally booted off AIM. Now it will fail to raise cash on NEX (formerly ISDX) and will go bust soon. Lyin' Chris Cleverley meet Karma. Ain't she sweet? Amazingly there are still some people out there on the Bulletin boards who think its all my fault and Lyin' Chris runs a great British Company. Whatever. In that vein please nominate the most moronic Bulletin Board or twitter comment you can find in the comments section by midnight on Sunday 15th January. Have fun!

City Grandee Bob Morton gets most serious "cold shoulder" sanction in history of Takeover Panel - branded a liar

Published 167 days ago

In a ruling handed out on December 21 but published today the Takeover Panel has handed out the most severe sentence in its history to City grandee and veteran financier Bob Morton and also branded him a liar for the way he tried to cover up his actions.

Cantor Fitzgerald, Stewart Dickson, the fraud African Potash and the exact timeline as AIM delisting confirmed.

Published 171 days ago

For what it is worth there was an announcement yesterday from FTSE stating that African Potash (AFPO) shares will be delisted from the start of trading on 11 January (next Wednesday). Potash has not confirmed this but it looks like it is game over. It cannot refinance while listed on NEX (ISDX) so it will go bust soon. Legal redress can follow but we can now start to piece together a few fascinating dates from three months ago.

Tom Winnifrith Bearcast: Do you think Jamie Oliver is a tosser?

Published 171 days ago

The fraud African Potash (AFPO) has until 7 January ( saturday) to find a new Nomad or its shares get booted off the AIM casino first thing Monday. On the ISDX lobster pot (now known as the NEX lobster pot) it can't get a placing away - for reasons explained in this podcast - so it will be tits up within weeks. That has implications for Blenheim Natural Resources (BNR). Jamie Oliver is blaming Brexit as he shuts six of his over-priced branded eateries. But he is just another celeb tosser don't you think? I look at the real macro headwinds the UK faces. There is comment on Crawshaw (CRAW) and then a very detailed review of Lombard Risk Management (LRM) which is, I reckon a car crash in waiting.

Have you lost money on African Potash? Did you buy into the fraud on or after 6 January 2016? Contact me now

Published 174 days ago

African Potash stated in its annual report that on the ISDX (now called NEX) lobster pot it might be more difficult to raise money than on the AIM casino. I should cocoa. The last trade was on December 29. Liquidity is just nil and the 0.05p offer prize only applies if you want to sell peanuts amounts. If you invested in this fraud just accept that your shares are now worthless as it cannot get awaqy the £600,000 placing it dsays that it needs to survive. So Potash is going to go bust soon. But your cash might not be lost. There is a small chance.

African Potash Accounts - how much on travel? And tell us about your expenses lyin' Chris

Published 175 days ago

That African Potash (AFPO) is clearly trading whilst insolvent is beyond doubt. It admits that it needs to raise $600,000 to pay its bills as they fall due but trading volumes on ISDX are often just a few hundred quid a day. It's game over. So where has all the money gone? There is a reason that the board did not want anyone seeing the annual report which finally surfaced today.

African Potash Accounts Note 21 - the £35,000 bung to lyin' Chris Cleverley

Published 175 days ago

No wonder that fraud African Potash (AFPO) did not want anyone reading its accounts which have finally arrived six days after they were signed off. It is a gold mine for anoraks like me. Let us now turn to page 45 and note 21, related party transactions of which there are many. But I refer to the third such transaction which involves CEO lyin' Chris Cleverley.

African Potash Accounts finally out - damning statements by RSM Tenon auditor

Published 175 days ago

I am yet to get an explanation from Peterhouse Corporate Finance, the advisor to ISDX and (pro tem) AIM listed fraud African Potash (AFPO) as to why accounts for the year to June 30 were signed off on 28 December but not released until 3 hours and 48 minutes after the stockmarket closed for a three day New Year break on 30 December. This is surely a breach of ISDX rules and it shows, again, that the fraudsters are prize rotters. Why is Peterhouse not resigning NOW? But it gets worse, the actual, annual report was promised by 31 December but has only this morning appeared on the company's ramptastic website. Why the delay? How about not wishing to admit to damning comments from auditors RSM Tenon which show that this company is toast? The auditor does not mince its words.

African Potash - the first broken promise of 2017 already achieved

Published 177 days ago

The prize for the first promise to be broken in 2017 has already been won. That really does take devotion to duty and so one simply has to step back and admire the pure dedication involved. Step forward AIM-listed (pro tem) and ISDX lobster-potted African Potash (AFPO), which promised to have its 2016 Annual Report available on its company website by 31 Dec 2016.

ShareProphets Share Tips of the year Number 17 - Sell Eden Research says Tom Winnifrith

Published 179 days ago

In the long run buying shares in companies that break accounting rules, commit fraud and which are running out of, other people's, money is a recipe for poverty and thus AIM listed fraud Eden Research is my second share tip of the year, like my first (Cloudtag HERE) it is as a sell. The shares are now xxp but this is a sell at any price down to 0p. Frauds are always worthless in the end.

Chris Cleverley, Lord Hain, Cantor Fitzgerald - who will shareholders sue over African Potash fraud, ShareProphets puts wheels in motion

Published 184 days ago

We have been contacted by a number of shareholders in African Potash (AFPO), which is now on ISDX and will soon be booted off AIM Formally and will go bust within weeks, who have lost money and want to sue someone over this fraud. We will back any such action with a generous donation but the question is who to sue and on what grounds? But, sorry to break the bad news to certain folks on Christmas day, but wheels are in motion...certain folks may wish to call a lawyer PDQ

ShareProphets Share Tips of the year 2017: No 2 Sell Cloudtag says Tom Winnifrith

Published 186 days ago

I kick off my contribution to the 24 share tips of the year for 2017 that ShareProphets writers will be publishing between now and January 3 with one of the four sells I shall deliver. And I start with the most obvious: sell AIM fraud Cloudtag (CTAG) at 7.125p with a 0p target.

FRAUD African Potash: why hide the vote as share trading dries up completely?

Published 186 days ago

The fraud African Potash (AFPO) now sees its shares trade on the ISDX lobster pot as it is still yet to find a replacement Nomad to act for it on the AIM Casino following the resignation of Cantor Fitzgerald. Not even Cairn Financial - which pro tem acts for the serial liars at Cloudtag (CTAG) - will act for lyin' Chris Cleverley. So on January 7 the relegation to ISDX will become permanent. The pledges of CEO Cleverley that he was optimistic of finding a new Nomad will be shown to be...er... lies. Quelle surprise. But it gets worse and will get even more worse on Christmas Eve.

Is this the most incompetent company listed in London and is WH Ireland the worst ISDX Adviser?

Published 187 days ago

Talk about incompetence. This gem is from ISDX listed FT8 PMC ( GFT) and I can do no more that run the statement below with my comments in bold. Words just fail me.

The stockmarket comeback of Jason Drummond of Teathers infamy, thanks to Fatty Cornish - but uh oh legals looming?

Published 188 days ago

Those who lost money on Teathers Financial (TEA) must have assumed that there would be no stockmarket comeback for those involved in incidents such as THIS and THIS as well as the complete wipeout for shareholders. No self respecting adviser would inflict another such creation on public markets would they. But we reckoned without London's worst Nomad, the tax averse Mr Roland "Fatty" Cornish.

How many of Cairn's clients are frauds and how many will quit to avoid reputational damage? I list them all...

Published 193 days ago

Nomad Cairn has not resigned as adviser to Cloudtag (CTAG) even though it has lied to investors on a serial basis and committed Securities fraud. Cairn's reputation is thus in tatters. It thus begs the question of how any of its other clients are frauds, how many are simply not investment grade material and how many of the few good clients will want to be associated with the disgraced Nomad for much longer as it will not help their share prices to be linked to this rotten, stinking adviser. The clients are listed below by AIM or ISDX category.

Tom Winnifrith Bearcast - what is the ISDX lobster pot? ( my specialist subject)

Published 200 days ago

After day six of the olive harvest I am shattered but it looks as if tomorrow may be the final day which means a late night at the press in Kambos, ouzo and no bearcast. You have been warned, the Sheriff may have the whole day off so tomorrow is a good day for shysters on the AIM casino to issue dodgy press releases. I take two reader requests. One is on Sirius Petroleum (SRSP) the other on my specialist subject - what is ISDX. In terms of companies I cover Cloudtag (CTAG), African Potash (FRAUD), RedT Energy (RED), Bilby (BILB). In the ISDX piece I mention Chapel Down and Mechan, we own shares in the latter.

African Potash arrives on the lobster pot - now remember to sack lyin' Chris Cleverley at the AGM

Published 200 days ago

Surprise, surprise. After three months of looking for a Nomad to replace Cantor Fitzgerald who did not want to sign off on any more lies, the FRAUD African Potash (AFPO) has found no-one to take on the gig. It says that it is still in talks but who is so desperate for cash that they would want to act for such a slam dunk fraud? If no-one signs up for reputational hari kiri by January 7 Potash will be slung off the AIM Casino for good. Right now its shares are merely suspended. But what about the ISDX listing?

Lyin' Chris Cleverley & Lord Peter Hain forced to fess up by the Sheriff - it gets even worse for FRAUD African Potash

Published 209 days ago

Yesterday I pointed out that the FRAUD African Potash (AFPO) had applied to join the ISDX lobster pot as of December 8, the day its shares will be suspended on the AIM Casino if no Nomad is prepared to act for it, Cantor Fitzgerald having tired of signing off on its lies. I also pointed out that lyin' Chris Cleverley had failed to tell his shareholders. Today Potash fessed up..but it gets worse.

African Potash - the writing is on the wall for the last day of AIM on December 7 - ISDX application made

Published 209 days ago

African Potash (AFPO) saw its Nomad Cantor Fitzgerald quit on September 7 and it is still yet to find a replacement who will sign off on its bogus and untruthful press releases. If no-one steps up to the plate by December 7 its shares are suspended and a month later they will be booted off AIM. African says it is confident it will find a replacement Nomad but just in case... the shysters have been busy.

LGC Capital (Lenigas Cuba) – The Sherriff of AIM reaches across the pond to become the temporary Mountie of the TSX.V

Published 237 days ago

It is just over a year since my pal David Lenigas, listed Leni Gas Cuba (LGC) on ISDX. It has subsequently undertaken a reverse takeoverof Knowlton Capital on 12 July 2016 to obtain a listing on the Toronto TSX Venture Exchange. Following the recent publication of its results, I decided to have a butchers. To be fair to Lenigas, he has made one cracking investment. But the overall picture is ...mixed. 

Etaireia – Hooray, it’s the Baron Bloom and Oli Fattal magic show and a crack(l)ing Porkie?

Published 299 days ago

Last night at no-one-is-watching o’clock ISDX-listed Etaireia Investments released its annual numbers to 31 March 2016. The balance sheet held a few horrors, such as net current liabilities of £130,586 which in interesting in the wake of the RNS released on 17 August 2016 which told us that the company had ponied up £50,000 (deferred for a year) in addition to 203,076,923 new shares at 0.065p (although it took two goes for the company to get that bit right) in order to acquire a commercial property.

Yujin International moves from AIM to ISDX in RTO. Bargepole of the highest order

Published 308 days ago

I’ve no idea what AIM-listed Yujin (YUJ) got up to in its previous life, but its shareholders (who may be wondering the same!) are clearly in for a treat as it moves to ISDX doing an RTO, share consolidation, change of name, a new board comes in and new advisers are appointed. We may have thought we had seen the Dream Team on ShareProphets, but this one goes straight to the top of the pile.

Etaireia Investments – More dodgy dealings from Baron Bloom and Oli Fattal

Published 314 days ago

Following on from my earlier piece HERE celebrating the fact that Oli Fattal was back in the property game, putting his torrid time at Teathers Financial behind him, Etaireia Investments (ETIP), has announced yet another cosy connected deal between Etaireia, Baron Bloom and Oli Fattal……although clearly not everyone’s happy about it!

Craven House Capital: the spoof investment company without a home to go to

Published 334 days ago

Disappointing news emanating from Craven House Capital (CRV) at 11.20am today calling off the exciting move to the Specialist Fund Segment of the Main Market as it failed the eligibility criteria, so where does this leave the company now?

Big Dave Lenigas bounces back - rejoins two boards: Get him back at LGO!

Published 362 days ago

You cannot keep a good stock promoter down. And say what you want about him , and I do, David Lenigas is pretty good at promoting, usually worthless, shares and he is back. In case you had not noticed he has rejoined the board of two of his former charges in the past week. I have today spoken by email with the big man.

Leni Gas Cuba – Goodbye ISDX and hello Canadian mugs, sorry I mean investors

Published 379 days ago

With Leni Gas Cuba (CUBA) posting its half-year results and its scheme circular for its RTO with Knowlton on Friday, it is a good to time to reflect on what delights the Canadians have in store.

Notes from Underground: Scam capital of the World

Published 380 days ago

Today's story by Cynical Bear regarding Leni Gas Cuba's move to the TSX Venture Exchange from the ISDX brings back some old memories.  The TSX Venture Exchange is the successor to the wild west run Vancouver Stock Exchange, which Forbes magazine called "The Scam Capital of the World." 

It’s the way you tell ‘em! ISDX China-play Miloc FY15 results

Published 391 days ago

The ShareProphets AIM-China Filthy Forty has seen some tragedies worthy of Shakespeare – see PCG Entertainment yesterday, for example. So now it is time for the light relief, and in that vein we bring you, courtesy of a cracking spot by our very good friend Graham Chester, FY15 results from ISDX-listed Miloc Group Limited (ML.P). It is pure comedy….

AfriAg – annual report shows what a spoof Lenigas director buying was

Published 392 days ago

Delisted from AIM and so now only listed on the ISDX lobster-pot AfriAg (AFRI) published its FY15 Annual Report the other day. You can read it HERE. There remain plenty of unanswered questions (see HERE) but on one point the Annual Report reveals an extraordinary cynicism in the boardroom as it was before former Exec Chairman David Lenigas departed the scene.

Leni Gas Cuba – update on that Canadian take-over: rum’n’cokes all round

Published 394 days ago

On Friday - ahead of the bank holiday weekend - at no-one-is-watching o’clock (natch) ISDX-listed Leni Gas Cuba (CUBA) updated twice on its proposed take-over by Canadian TSX-V listed Knowlton Capital Inc. There is much to mull over there, but we have also recently had interim numbers from Knowlton and the implications for those caught in the lobster-pot of CUBA are horrific – anyone who handed over more than the 0.01p that David Lenigas paid for the bulk of his shares, that is.

Carduus Housing – more dodgy shenanigans on ISDX

Published 407 days ago

I’ve been struggling to get my head round an RNS from ISDX-listed Carduus Housing (CHPB) last week that seems to indicate a shocking fraud, so will get it off my chest and see if any readers are any wiser.

Valiant Investments – a Conrad Windham dog with fleas on ISDX keeps the lights on

Published 409 days ago

Another dog investment company being featured on ShareProphets? Yes indeed – this time one from the ISDX stable – we bring you Valiant Investments (VALP), under the stewardship of serial disaster (for his shareholders) Mr Conrad Windham.

Video: Eddy Travia of Coinsilium at the UK Investor Show

Published 409 days ago

And now a presentation at UK Investor Show by Eddy Travia of ISDX lobster pot listed Coinsilium (COIN). Enjoy.

Lenigas Cuba – Knowlton Capital takeover - utter bollocks from Jabba the Share ramper

Published 423 days ago

David Lenigas on Friday made the following exciting announcement regarding the disastrous ISDX IPO that is Lenigas Cuba (CUBA). He boasts of an RTO but it is all utter bollocks. Jabba announced:

Sad & morally bankrupt David Lenigas tweets blatant lie & smear

Published 426 days ago

David Lenigas has no shame. He yesterday told the most blatant 100% lie and smear on twitter, duly retweeted by a collection of morons - two of whom also posted comments underneath my article of yesterday here. It really is just rather sad to see a man move from shameless ramping to blatant lying and smearing about demonstrable facts. I fear Jabba is losing it. Poor man. Let;s start with his tweet

Wondering where the cash Costis stole from Globo went? Gavin Burnell might know a thing or two

Published 431 days ago

In case the rozzers want to know where Costis, Konstantinos Papadimitrakopoulos, hid the cash he liberated from the fraud Globo (GBO) both directly and via share sales in the days running up to its collapse, perhaps they should ask disgraced Globo NED and the man who listed it on AIM Gavin Burnell. For it seems that Gavin had dealings with the criminal bubble outside of Globo.

US Oil & Gas raises $771,000 - Good Money after bad

Published 433 days ago

US Oil & Gas (USOP) has announced that 15% of its shareholders were not just thick but full lobotomy patients. You have to be a fecking imbecile to own this stock anyway but 15% of the FIs were so stupid they took up the open offer at 27p and thus bankruptcy is postponed.

Conrad Windham plans stockmarket comeback - the strange world of Flamethrower (v2)

Published 438 days ago

Young Conman Windham has listed at least four companies on the ISDX market which have all proved to be complete disasters for investors. This man makes David Lenigas look like Warren Buffett in terms of value creation. Undetered by serial failure - chronicled here - Conman Windbag is now threatening to inflict a new venture on ISDX, Flamethrower PLC. Natch this is a rum and coke too.

Good luck to my pal Yusuf Kajee of Afriag - back in court on fraud charges tomorrow

Published 468 days ago

Naturally it would be un-Christian of me not to send my best wishes to Mr Yusuf Kajee one of the two tobacco smugglers who together with David Lenigas put together Afriag PLC (AFRI), a company Jabba listed on the AIM Casino but was forced to move to the ISDX lobster pot.

Here's a first: serial liar David Lenigas admits he lied

Published 469 days ago

Jeepers this is a first. Whatever next, fascist PR bullies Citigate Dewe Rogerson apologising? Chris Oil fessing up to his porkies? David Lenigas has today tweeted out an admission that he has been lying to his moronic, and increasingly impoverished, followers.

David Lenigas in Cuba Photo Caption Contest - deadline Sunday

Published 470 days ago

Last week it was Doriemus ( booted off AIM onto the ISDX lobster pot) that was the Lenigas car crash. This week it is Fastjet ( dire profits alert, going bust). Which Lenigas associated company will crash & burn next week I wonder? But while shareholders in companies linked to Jabba The Hutt suffer, the man himself is hard at work in Cuba as the photo below shows.  By midnight Sunday please submit your captions in the comments section below.

Another Lenigas tainted AIM POS is booted off the Casino, off to ISDX goes Doriemus

Published 483 days ago

Oh dear. To have one POS turfed off the AIM Casino might be considered unfortuaate but to have two booted off and forced to flee to the ISDX lobster pot looks like carelessness. And so after the tobacco smuggling business of Afriag (AFRI) departed, next up is Doriemus (DOR). Oh dear.

Tom Winnifrith Bearcast 27 Feb - smoking, ISDX joking, Alba poking and IRG choking

Published 485 days ago

I comment on my smoking - after 12 days I am still clean and on the weekend's sport. Then onto ISDX and the silly claims by whichever pompous git runs it that it is the new AIM. I explain why it is not, what ISDX shares we own or wish we own (Mechan, Chapel Down & Coinsilium) and why we wont buy any more at all. I discuss the Alba pump and dump as the Horse Hill Gatwick flusher ( of mug punter cash down the pan) saga continuies. Finally my low point of the week: Independent Resources ( IRG) - it makes me feel sick...

The David Lenigas ISDX liquidity LIE exposed in full - Afriag tanks on Friday

Published 486 days ago

Throughout the last few months of last year David Lenigas tweeted again and again how an ISDX listing was the answer to all the liquidity nightmares at the bottom end of AIM. Big Dave misled his folowers for reasons I shall explain below but the proof of that lie came on what for me was a good Friday with Afriag. For Jabba The Hutt with yet another lie laid bar this is a disaster.

Afriag & its Tobacco smuggling issues - a Dynamite Letter from SARS emerges

Published 486 days ago

The tobacco factory at Pietermaritsburg operated by CK Tobacco was at the hear of the Lonrho empire of David Lenigas which found itself emeshed in tobacco smuggling activities some years ago. Ownership of the site passed from Delta Tobacco to CK Tobacco but control remained with Afriag SA principal Yusuf Kajee who in 2011 applied for a new license for his operation from the South African Revenue Service, SARS. An explosive letter that has fallen into my possession shows why that application was refused.

So David Lenigas what is your Afriag pal Yusuf Kajee doing on March 17?

Published 487 days ago

There has been a deafening silence from Afriag (AFRI) as its shares have moved from the AIM Casino to the ISDX lobster pot. It has repeatedly refused to comment on the problems its key players at its main operating subsidiary, Afriag SA, continues to face. Later today I shall publish documents I have obtained from South Africa which show exactly what those players get up to and as a hint...it is illegal. But for now I ask David Lenigas who is at best a keen promoter of this POS if not a shadow director, what his pal - and fellow despicable smearer of critics -  Yusuf Kajee is up to on March 17?

Lenigas Cuba - another ramptastic load of bollocks from David Lenigas

Published 489 days ago

Another day and another dismal attempt by David Lenigas to ramp shares in ailing Lenigas Cuba (CUBA) on the ISDX lobster pot. Hmmm. Lenigas tells us that ISDX - not AIM - is where the liquidity is so how come not one fucking share has traded in this company since 18 February with not one share traded after this latest ramp and with the shares (listed at 5p) stuck at 0.5p to sell just 3 months later? Answer please Mr Lenigas? And so to today's ramptastic bollocks from Jabba The Hutt.

Tom Winnifrith Bearcast 23 Feb - Recording with 3 legged Oakley and an imaginary ffing dog

Published 489 days ago

Thank you for your kind messages about my late cat Tara. Today I record with morbidly obese three legged Oakley listening and try to get him excited with an imaginary ffing dog. Actually it is the Chris Oil of cats. I explain. I also look at Stanley Gibbons (SGI), the London Stock Exchange (LSE) and the first placing into the Horse Hill ramp - Evocutis (EVO). Next will be - I predict - Solo (SOLO). I also look at ISDX lobster pots and David Lenigas lies ref Afriag (AFRI).

Afriag - you have until 4.30 today to SELL or you are stuck in the lobster pot - the MMs are your guide

Published 490 days ago

Shameless liar, share ramper and owner of a 100 foot yacht in the Monaco tax haven where he lives, David Lenigas has persistently spun the canard that ISDX is a more liquid market than AIM. We all know this is a lie. Investors in Lenigas Cuba know this is a lie. And tomorrow when Afriag (AFRI) leaves the AIM Casino and trades only on ISDX, its victims ( oops I meant shareholders) will discover that Lenigas is lying. Folks - you have just a few hours to sell - look at the spread!

Car Crash IPO Lenigas Cuba now MINUS 90% after 3 months - Jabba's Excuses Brilliant

Published 494 days ago

David Lenigas tries his best to ramp the crock of shit that is Lenigas Cuba (CUBA) but its shares are now just 0.5p to sell (in small amounts), that is 90% down in just over 3 months. The excuses Jabba The Hutt is offering on twitter are lamentable as you can see below. And there are also the half-truths.

Afriag - in case you missed the dire news at no-one is watching O'Clock

Published 496 days ago

At 5.44 PM yesterday Afriag (AFRI) put out the news we sort of expected but now it's official - the shares are uninvestable and must be sold before 23rd February or you will be stuck in the lobster pot.

Lenigas Cuba – if you’re a fan of Cuban Oil why you might want to buy MEO rather than Lenigas Cuba

Published 502 days ago

Hat Tip to reader "Inspector" for this point on the car crash IPO of the year 2015 Lenigas Cuba (CUBA) and its latest (failed) attempt to ramp the share price. On 9th February, Jabba The Hutt published the following update on his company's investment in Petro Australis:

Afriag and the Real Reason it is to quit AIM

Published 509 days ago

When announcing that it was to quit AIM and go to the ISDX lobster pot David Lenigas creation Afriag (AFRI) served up all sorts of horseshit to justify the move (see HERE). But it was horeshit (should that be horseshit or is horeshit more appropriate?) and the real reason is...

Lenigas Cuba - three investors now have cases with Financial Ombudsman re 2p placing scam

Published 509 days ago

Yes one of the three is Brokerman Dan. Some of you may not feel the greatest of sympathy for him but when he and others ponied up a total of £4.2 million at 2p for what they were told was "seed financing" for Lenigas Cuba (CUBA) they were not told that at the same time David Lenigas and two pals were getting more than 50% of the equity in this POS at just 0.01p. That funding was the seed capital and Levi and others were fleeced.

Tom Winnifrith Bearcast 15 January: The Force Awakens, The Sith Lord cast into exile

Published 528 days ago

The Sith Lord Zak Mir will be leaving the rebel alliance for good on Sunday. As of now this site is (with the exception of the miserable froggie Thierry who has penned a great piece today) fundamentals only, no TA nonsense. We will do some buy tips but not of that ramping shite Bulletin Board Morons love - this site is becoming more critical and bearish. In terms of the market I comment on the joke that is ISDX in light of Nigel's great article today then onto MX Oil (MXO) - explaining market abuse & insider dealing for Wildes and other morons - LGO Energy (TOAST), Koovs (KOOV), UKRProduct (UKR), EG Solotions (EGS), Webis (WEB) and BMR (BMR)

China Sports Development: the farce continues - does ISDX give a flying wotsit about its own rules?

Published 529 days ago

As far as I can see ISDX Rules are perfectly clear. Perhaps as a mere pleb I just don't understand, but my reading of the rules is that companies listed on the ISDX Growth Market will be booted off after a maximum of six months' suspension. China Sports was suspended on 9 July 2015 yet here we are six months and five days on and there has still been no execution. Why? Meanwhile we have a new board and all of a sudden proposals to raise new money....and Beaumont Cornish has been announced to have resigned as Corporate Adviser (the ISDX equivalent of a Nomad).

Farce: China Sports Development – board changes, but where is the ISDX execution?

Published 532 days ago

We have covered ISDX-listed China Sports Development (CSDP) a few times here on ShareProphets already (see HERE). The company has been suspended from trading since 9 July 2015 and as far as I can make out, the shares should have been booted off ISDX by now. Yet despite that, despite having had no Corporate Adviser signing off on its RNSs since 5 June 2015 (and we STILL do not know if Beaumont Cornish has resigned) and despite its interims to June 2015 showing negative assets (which were also the net current assets) to the tune of almost £12,000, just £1,530 of cash at period end but cashburn during the half year of almost £18,000 – and we are now more than six months on – yes, despite all that it was announced yesterday that two new directors had been appointed. What on earth is that all about?!!

DEADLINE MIDNIGHT: Reader Contest - give us your share tips of the year & win a prize

Published 540 days ago

This is very simple. Our writers will be serviing up their tips of the year but what do our readers think? The prize is lunch or dinner with me. The contest pick your top buy and top sell for 2016. It is easy to enter the contest and the deadline is midnight on Sunday January 3rd 2016.

Daniel Stewart – interim statement shows what a total shambles this POS is

Published 544 days ago

What a total joke. Daniel Stewart (DAN) the AIM-listed (for now) Broker (and ex-Nomad) has published its interims for the half year to Sept 30 2015. It has managed this even though its FY numbers to the previous March are still not published and so anyone unfortunate enough to be left lobster-potted in this disaster story has not had the benefit of an audited set of numbers for any period since March 2014.

Q&A with Coinsilium ahead of its Christmas Eve IPO

Published 551 days ago

Coinsilium Group (COIN) shares commence trading tomorrow on ISDX as the first Blockchain technology IPO. We own shares. Ahead of the IPO here is a detailed Q&A with the company’s Executive Chairman Cameron Parry, and CEO Eddy Travia. 

Lenigas Cuba – strange dealings on Companies House

Published 552 days ago

In its Admission Document to ISDX, Lenigas Cuba (CUBA) states that it has acquired 40 shares in TravelWelcome Limited which represents 40% of the issued share capital of that UK incorporated entity. Being a Companies House anorak, any excuse to poke around is taken with both hands and what we find is very odd, for it appears that CUBA has been rather more active than that statement gives credit for. Here is what I found – perhaps Big Dave Lenigas would care to explain what has been going on?

David Lenigas now breaking ISDX Rules for POS Lenigas Cuba

Published 555 days ago

What is it with Jabba The Hutt and rule breaking? The poor man seems addicted to it. His latest offence concerns the ISDX Lobster pot car crash of an IPO Lenigas Cuba (CUBA) where he has clearly broken ISDX Rule 32 (disclosure of price senistive information).

China Sports Development – a joke company threatening to make ISDX a Bargepole market

Published 561 days ago

Salvador Dali would have struggled to come up with anything more surreal than the ISDX farce that is China Sports Development (CSDP). On Tuesday 8 Dec (at no-one-is-watching o’clock, natch) it was announced that in had come Mr Pui Lan Patrick Tsang as a director with immediate effect. Companies listed on ISDX have to have a Corporate Adviser (the equivalent of a Nomad on AIM). But this RNS was not signed off by one, yet there has been no announcement of the resignation of our very good friends at Beaumont Cornish. 

Tom Winnifrith Bearcast special: Silver Falcon - City greed and white collar crime makes me feel sick

Published 567 days ago

From failed ISDX investment company Black Eagle, c/o Peter Redmond, to Silver Falcon (SILF) this is a tale of City greed and white collar crime by private investors. It makes me feel utterly sick. All the usual suspects feature: the scumbags at Optiva, Peterhouse Corporate Finance, Redmond, Geoff Dart. Vomit, vomit, vomit

Octagonal & Big Dave’s car crash Lenigas Cuba – please explain Mr The Hutt

Published 579 days ago

I have already demonstrated that the “investments” made by AIM listed Octagonal (OCT) – director Da vid Lenigas – are not worth anything like their stated value and that balance sheet support is illusory. But at least there was some cash. Or there was.

So why are there two Lenigas Cuba companies, big Dave…answers, answers please

Published 581 days ago

Yesterday I flagged up the mysterious case of Leni Gas & Oil Ltd owned by Mr. David Lenigas (pictured left) Now I turn to the strange affair of the two Lenigas Cuba companies. Curiouser and curiouser said Alice. Jabba the Hut – who had eaten the Cheshire cat – just smiled and belched.

Tom Winnifrith Bearcast 20 November - We need more coverage of David Lenigas

Published 585 days ago

In today's podcast I deal with reader complaints that we have not given enough coverage to the various business interests of fat Aussie share ramper Jabba The Hutt. And so I cover Lenigas Cuba (CUBA), Big Jabba's preposterous claims about liquidity on ISDX and Solo Oil (SOLO) - placing ahoy! I also look at Mosman Oil & Gas (MSMN) -  more shite from poltroons from the land where most folk are descended from convicts - Flying Brands (FBDU), 88 Energy (88), Kea Petroleum (TOAST), JQW (FRAUD), Northern Petroleum (NOP), Optibiotix (OPTI) and African Potash (AFPO). I also deal with some wanker on twitter who thinks I am a sexist and wants to have a fight with me and ask more questions about market abuser Chris Oil AIM IPO car crash waiting to happen, Mkango Resources

I’m following the Jim Mellon crew and taking a small Bitcoin punt on Coinsilium

Published 588 days ago

I do not understand Bitcoin, blockchain technology and the like. I leave that to smarter folks like Dominic Frisby who will be presenting on it at Gold & Bears and my good friend Jim Mellon who will – I’m sure – mention it in his G&B talk. This could all be the next phooey hype but it could be big so I’m getting a small exposure via Coinsilium – a two year old blockchain investor listing on ISDX later this month. I’m backing Jim’s judgement on this one.

Questions for David Lenigas about Cuba - what is the Rushmans deal really worth?

Published 589 days ago

I have already demonstrated that the two “acquisitions” made by Lenigas Cuba (CUBA) post its car crash IPO on the ISDX lobster pot were er…not quite as fantastic as the PR puffery from fat aussie share ramper David Lenigas. Now let’s turn our attention to his partnership with Rushmans which was announced pre IPO. Hmmmmm.

IMIC – too toxic for AIM, but why?

Published 594 days ago

This morning International Mining & Infrastructure (IMIC) quietly left the Casino. Following the resignation of Strand Hanson as the company’s Nomad on 8 October, IMIC was unable to find a replacement. Under the AIM Rules for companies, the requirement to have a Nomad is one of the few rules AIM Regulation bothers to enforce. We are none the wiser as to why Strand Hanson resigned nor do we know why IMIC could not find a new Nomad. As far as transparency goes this is not acceptable. If the company is so toxic that even Beaumont Cornish won’t represent it, shouldn’t shareholders have the right to know why?

International Mining & Infrastructure – New Bonds so what? AIM Delisting Wednesday, ISDX lobster pot beckons (at best)

Published 595 days ago

Disgraced International Mining & Infrastructure (IMIC) has today announced that it has managed to raise more cash ($22 million) by issuing yet more bonds. The answer to debt is not more debt, especially when you are not generating any cash. But when in a hole…just dig deeper.

Lenigas Cuba shareholder action group formed – hand back our money they say

Published 596 days ago

Oh dear, as if life were not bad enough for Big Dave Lenigas after LGO Energy’s appearance on the front page of the Sunday Sun today, now comes news that shareholders in ISDX train wreck IPO Lenigas Cuba (CUBA) want their dosh back.

Sefton, oh dear, oh dear, it gets worse and worse

Published 600 days ago

Sefton Resources (SER) has today updated its shareholders via a release which can only be described as semi-literate. Was it written by Zak Mir?  Notwithstanding the appalling syntax the message is clear: shareholders are fucked. We bring the release with a ShareProphets translation service in bold.

Was David Lenigas the source of the false rumours of a stock shortage in Leni Gas Cuba?

Published 601 days ago

An explosive email has emerged, sent by David Lenigas on Friday to various brokers ahead of the disastrous Leni Gas Cuba (CUBA) IPO. Over the weekend false rumours spread across social media that there was a serious stock shortage ahead of the company’s calamitous market debut. The word was that conditions were primed for another potential New World Oil & Gas-style (NEW) short squeeze. If there were any doubt that this was all nonsense, yesterday’s crushing collapse in Leni Gas Cuba’s share price obliterated this. The rumours were completely untrue and it now seems that Lenigas himself forwarded the email below to a number of online stock rampers. Unsurprisingly this email is now doing the rounds.

Filthy Forty (and others) - who is passing these as fit? Part 8: marketing the services

Published 602 days ago

In Part 8 Graham Chester examines how the advantages of gaining an AIM listing are marketed to Chinese companies, and the help they are offered to get to market. The marketing material contains a few case studies: oh dear…..look at them now!

Lenigas Cuba IPO car crash - the screen shot that says it all - someone desperate to sell

Published 602 days ago

Welcome to the lobster pot that is ISDX. The screen shot below taken at close of play yesterday tells it all abut the car crash that is the Lenigas Cuba (CUBA) IPO.

Lenigas Cuba IPO car crash – Minus 80% to sell on day 1 and it gets worse

Published 603 days ago

I hope you had your beer and popcorn ready for the IPO of Lenigas Cuba (CUBA) at 5p because the spread on the shares right now is 1p-1.75p and it gets worse. The “size” is 25,000 to 50,000 which means that you can sell in parcels with a maximum value of £500. If you invested £500,000 at 2p like market abuser Chris Oil did back in July its going to take a long time and a lot of phone calls to get, some of, mummy’s money back.

As Predicted: Rangers FC postpones ISDX stockmarket listing – King et al to bail it out (at a price)

Published 603 days ago

Rangers FC (RFC) has announced that it will postpone its ISDX stockmarket listing until the criminal cases against Charlie Green, Imran Ahmed, Craig Whyte and others are concluded. Pro tem Dave King and associates will bail the club out with short term loans. This is all to do with who owns Ibrox.

Tom Winnifrith Bearcast 1 November: ramper Lawson, ShareSoc, Globo, Big Dave, Flip Flop and the ISDX Joke

Published 603 days ago

In this podcast I look at ramper Roger Lawson of ShareSoc and his latest ludicrous statements on Globo (GBO). The man is not only disgraced but a fool. Does he not realise it is game over. Bust. A fraud. A dead parrot.,Yet he still snipes athe bears and makes pompous suggestions for the way forward. Then it is over to ISDX and its supporters - the young and naive - flip flop Turney and those with other motives, David Lenigas. I write in light of the humiliating failure of the Lenigas Cuba fundraise - see HERE

V2: Lenigas Cuba fund raising bombs disastrously – prepare for IPO bloodbath Monday

Published 603 days ago

Back in July as David Lenigas raised £4.2 million at 2p for Lenigas Cuba, mug punters like market abuser Chris Oil were told a Standard Listing within 4-6 weeks would raise £5-10 million at 5p. Oh dear, it seems that 13 weeks later the ISDX IPO tomorrow will have seen just £200,000 raised at 5p. Big Dave has bombed! Now wait for the car crash as the maths are dire.

Tom Winnifrith Bearcast 30 October - Insider Dealing IS a crime

Published 605 days ago

I start wth Marlowe (MRL) and a debate here about insider dealing. Then it is onto Quoram (QRM) and its delisting and Nakama (NAK) and its dire results - it should be delisted. Then it is onto Mosman Oil & Gas (MSMN) - another confetti issue, Fitbug (FITB) which needs a confetti issue, Peer TV (PTV) whose board need shooting as does Tim Coffman its disgusting POS Nomad and finally UK Oil & Gas (UKOG), David Lenigas and the truth about ISDX as opposed to Big Dave's PR bologny.

Lenigas Cuba: The Fat Aussie share Ramper Big Dave Doth Protest too much

Published 605 days ago

The Lenigas Cuba IPO is going to be a car crash on Monday. We know that a number of the 2p flippers want out on day one and it will be beer and popcorn time as they struggle to sell on the illiquid ISDX tertiary market. But fat Aussie Share Ramper David "I just love the smell of newly issued confetti in the morning" Lenigas is going down fighting and has upped the twitter abuse after I flagged up this looming disaster HERE. Big Dave tweets:

Lenigas Cuba – IPO car crash ahoy? Flippers ARE panicking

Published 606 days ago

Monday sees the IPO of Lenigas Cuba (CUBA) on the tertiary ISDX platform and there is clear evidence that the flippers are panicking and that this new issue will leave blood on Confetti Street next week.

Filthy Forty - GTS Chemical Trading Update

Published 606 days ago

ShareProphets AIM-China Filthy Forty play GTS Chemical (GTS) has released a Q3 trading update which is full of unmitigated good news. Revenues up 34% on the same period last year, margins steady, new plant on-stream and more on the way, capacity up, distributors up: the good news is unrelenting. What's not to like?

Filthy Forty (and others) - who is passing these as fit for UK markets? Part 4. Yup, losses again

Published 607 days ago

Having examined Team Stevens and Team Lau, Graham Chester moves on to take a look at Team Wilson/Sacker at UHY Hacker Young in his continuing horror story. Once again, watch as the losses pile up.

Filthy Forty (and others) - who is passing these as fit for UK markets? Part 3, more losses

Published 608 days ago

In Part 3 of this series about Reporting Accountants and Auditors of companies coming to AIM and ISDX from China Graham Chester looks at the record of Team Lau and its current firm of Moore Stephens. As with Team Stevens in Part 2, watch the scores-on-the-doors here as the losses pile up.

Filthy Forty (and others) - who is passing these as fit for UK markets? Part 1

Published 609 days ago

In this first part of his look at the audit and accounting of China companies on AIM (and ISDX), Graham Chester discusses the process of bringing them to the UK markets. This involves the use of Reporting Accountants…..

Globo – Next victim Hellenic Capital on ISDX

Published 609 days ago

Oh dear it looks like there is another victim of the Globo (GBO) fraud. ISDX listed investment company Hellenic Capital. It was floated by blond bombshell Gavin Burnell the City slicker who floated Israeli Aquisitor on AIM and then reversed into it the Globo fraud.  Gavin is still on the board of both Globo and Hellenic Capital. And so until today was….

Sefton - your last chance ever to sell your shares is TODAY

Published 614 days ago

In case you are still dumb enough to be holding shares in Sefton Resources (SER) - if you do not sell by 4.30 today you will almost certainly never be able to sell again and you will lose all your money.

Ten stark warnings a hurricane is brewing against the Lenigas Cuba IPO

Published 616 days ago

On Friday Lenigas Cuba released its pathfinder document, prior to its forthcoming IPO - Tom has already savaged it HERE, but it is in fact worse than even he explained. Unlike previous Lenigas debuts, this one has a number of significant cautionary indicators that all might not be well. At 5p most of Lenigas’ adoring legion of fans will ask what can go wrong? The answer is possibly quite a lot, not least because so many of them have already bought in at 2p. We will soon see whether or not the market has exhausted itself of greater fools, but those that ignore the early warning signs could find themselves caught up in a fierce stock market hurricane from 02 November.

Tom Winnifrith Bearcast 18 October - blame Ireland - sticking it to David Lenigas & Lenigas Cuba

Published 617 days ago

The rugby as left me in a bad mood and it is David Lenigas who take the consequent hit. I start with a reposte to a very silly smear posted on ShareProphets HERE. Then it is onto Lenigas Cuba (CUBA) which is listing on the mickey mouse ISDX market. that is not what was promised and it is raising less than was promised at 5p. Do you know what price Big Dave paid for 28% of the company? That's a scandal. the valuation is a joke and the shares are straight onto the bargepole list.

Chalkstream vs Northwest Investment Group – case study in ISDX vs AIM investment companies

Published 618 days ago

In the wake of proposed changes to AIM Rules regarding investment companies and cash shells (see HERE and HERE) I am drawn to an announcement on Friday afternoon from ISDX Growth Market-listed Chalkstream (CHLK). It has announced plans to end its life as an investment company after two and a half years – and no investment. Let us compare that to the AIM-China Filthy Forty member that is Northwest Investment Group (NWIG) which has spent about five years on the Casino – and has also not invested a single penny.

Sefton – No-one likes team market abuser Chris Oil but they don’t care: AIM death 23rd October

Published 620 days ago

As expected today’s news from carry on Up the Sefton Resources (SER) signals the death of its AIM career but it gets worse, the new management team and its backers stand humiliated. The City of London is closing ranks against them

Tom Winnifrith Bearcast 14 October - lunch with Lucian, Lenigas, African Potash and dicksplash lawyers

Published 621 days ago

Sorry for the delay, blame lunch with Lucian. In this podcast I discuss questions about Lenigas Cuba (CUBA) and read out a confidential email. Then there is the incompetency of the dicksplash lawyers seeking to injunct me, the new idiocy of some UK Oil & Gas (UKOG) shareholders and then onto Sula Iron (SULA), Sefton (SER), the movng to ISDX business, Eden Research (EDEN), Environmental Recycling (ENRT), African Potash (AFPO), Alba Minerals (ALBA) - placing ahoy - and Cloudbuy (CBUY), ditto.

AIM Awards – how much cash has been wiped out so far on the Filthy Forty in 2015?

Published 627 days ago

As the crony capitalists enjoyed their Black Tie dinner tonight to celebrate the world’s most successful growth market, might they have paused for a moment to reflect on the horrific losses which have been seen this year on AIM? Fat chance. One number ought to have had the champagne going down the wrong way, and that is how much capital has been wiped out on the ShareProphets AIM-China Filthy Forty so far this year from delistings and suspensions caused by Nomad resignations. I promise you that number is a horror.

China Sports Development – All the Money’s Gone! Has Beaumont Cornish gone too, Geoff Morrow of GATE fame?

Published 634 days ago

We’ve covered this one before (HERE), but it now seems that pointless ISDX POS China Sports Development (CSDP) is out of cash and out of time. Why has it not announced that it has been suspended from trading on ISDX? Why has the Corporate Adviser (the ISDX equivalent of a Nomad), Beaumont Cornish, not signed off the interims RNS? Why did the Chairman (Mr Geoff Morrow, of Gate Ventures fame) not quite get around to mentioning that the company was suspended from trading in his Chairman’s statement in those interims?

Daniel Stewart continues bottom fishing, how will Rob Terry’s Quob Park ever make a return?

Published 672 days ago

With Rob Terry’s Quob Park Estate now owning 9.06% of Daniel Stewart (DAN), questions remain whether or not this investment can ever generate a return. Daniel Stewart has long been a favourite topic of ShareProphets and judging by one of its latest clients, Wheelsure Holdings PLC (WHLP), there is little sign that this discredited broker will ever break free from its bottom fishing reputation.

Rangers International Football Club Stockmarket Re-float –up to £20 million to be raised

Published 683 days ago

Rangers International Football (RFC) recently announced the appointment of Peterhouse Corporate Finance as its ISDX advisor, and sources close to the deal say that ISDX is desperate for RIFC to join its junior market in London. A few uncertainties remain.

US Oil & Gas 5 days to shareholder Death

Published 684 days ago

Next Tuesday, GXG Markets shuts down which is terminally bad news for shareholders in the joke lie machine company US Oil & Gas (USOP). Other companies are migrating to ISDX but having been booted off that market already for regulatory failings it seems unlikely that liar in chief wee Brian McDonnell will be welcomed with open arms there. Meanwhile the cash situation is now critical. I fear that the end is nigh for my fellow Irishmen.

ShareProphets RNS Translation Service: Asia Wealth ‘fesses up to another farcical Roland Fatty Cornish foul-up

Published 695 days ago

ISDX listed Asia Wealth Group Holdings Limited (AWLP) issued THIS RNS on Thursday of this week. Asia Wealth (Orwellian misnomer if ever there was) is a company which is represented by the much tainted Roland “Fatty” Cornish at Beaumont Cornish as Corporate Adviser (the ISDX equivalent of a Nomad for AIM companies). Anyone following the trials and tribulations of AIM’s worst Nomad (surely even surpassing the valiant efforts of ZAI Corporate Finance for that unsavoury crown) will appreciate that there has been a heavy case-load of self-inflicted disasters and you might have thought that this would persuade a fellow to be just a tad more careful. Not a bit of it - over to the ShareProphets RNS Translation Service (original in bold):

Rangers Coming back to the stockmarket, er sort of it's ISDX – Good News

Published 696 days ago

We had rather missed the comedy show that was Rangers FC (RFC ) as a listed company since it was booted off the AIM Casino on April 2nd 2015. But the club has now taken a step to regaining a listing on ISDX, the market formerly known as Plus. Good news for comedy fans everywhere. Rangers listed and the trial of Craig Whyte of Rangers and Worthington infamy, an autumn of hilarity awaits.

Red Flags at Night: Trafalgar New Homes - results with a little help from the ShareProphets Translation Service

Published 710 days ago

Quite how a house builder manages to lose money in the current environment is a mystery to me. For the second consecutive year, £1.8 million market cap AIM tiddler Trafalgar New Homes plc (TRAF) has done just that, reporting a doubled £620,000 loss for the year (0.26p per share, a third of the bid price) to 31 Mar 2015 at no-one-is-watching o’clock on Friday (at 5.23pm). The ShareProphets RNS Translation Service has had a field day with the Chairman’s statement. Original in Bold.

Now ISDX Crony Capitalist Conrad Windham exits Nodding (Dead) Donkey - to lose one job..

Published 735 days ago

To lose one job at a POS ISDX Company with immediate effect is understandable. To lose two in the space of 21 days looks like carelessness but crony capitalist Conman Windham must be careless as he has today parted company with immediate effect from Nodding Donkey. Dead Donkey to its friends.

Red Flags at Night, Fri 5 June: pointless POS China Sports Development on ISDX (for now)

Published 751 days ago

As ever, important company announcements being slipped out at no-one-is-watching o’clock on a Friday evening is a bit of a Red Flag. One immediately wonders what it is trying to hide. And so we turn to what must be the most pointless listed company in London: ISDX-listed China Sports Development (CSDP). I doubt anyone reading will own shares, but read on anyway – it is a hoot!

A sad day, a chapter ends in the Conrad Windam comedy show - he walks the All Star Plank

Published 755 days ago

Having spent a morning dumping gallons of poison at the Greek Hovel on the accursed frigana plants, a pestilent species that serves no purpose in life and just annoys everyone I turn naturally to Conrad Windham, as I take a brief lunch break. The serial crony capitalist of the ISDX markets has walked the plank with immediate effect at All Star Minerals (ASMO)

US Oil & Gas - so when is the report into your lies due? When is insolvency?

Published 773 days ago

Once upon a time US Oil & Gas (USOP) was the darling of Bulletin Board loons. Okay it gotr booted off ISDX and had completely worthless assets but it huffed and puffed and its shares raced ahead on GXG markets. But as it teeters on the brink of insolvency surely it should update us all - if only to give us a good laugh - on how the regulatory enquiries into its numerous lies are going and on how close it is to bankruptcy.

Rangers – the seemingly impossible achieved as effectively kicked off AIM, but the wrong target?

Published 816 days ago

Rangers (RFC) has achieved what has looked impossible – effectively being kicked off AIM as a required nominated adviser (‘Nomad’) apparently has “to be satisfied that there are no reputational and/or historical issues with the profile and nature of the company seeking to appoint which might adversely impact on the Nomad”. Seemingly not a problem for the vast number of ludicrous companies there are on the market, but an issue here…

Five ways to reform AIM – a market veteran writes

Published 864 days ago

A reader who knows AIM from the other side writes in with some fairly draconian suggestions for reforming the AIM Casino. He clearly knows what he is talking about and I have real sympathy with the points he makes. Will the casino take any of them onboard? Our correspondent writes: 

VCT Watch: Edge Performance VCTs

Published 925 days ago

Today I start a new feature here on ShareProphets as I look into the world of Venture Capital Trusts. Traditionally the VCT season tends to run between the New Year and the end of the tax year so I thought I would scrutinize some of what is on offer as the promotional bumph starts to hit the doormat.

Chapel Down: Results, placing (backed by Nigel Wray) and ‘equity crowdfunding’ - you what?

Published 1022 days ago

English wines and beer maker, Chapel Down Group (CDGP) has announced its results for the first six months of the 2014 calendar year, the raising of £0.67 million at 28p per share and an equity crowdfunding campaign to raise a minimum of £1 million. An equity what?

US Oil & Gas – Last trade was at 34p – get out now while you can – target 0p.

Published 1038 days ago

Last time I warned about the GXG listed POS that is US Oil & Gas (USOP) was on July 28 HERE when the market cap was £20 million. Based on the last trade at 34p it is now £13.98 million. It is overvalued by £13.98 million sell while you can. My target price remains 0p

Piers Linney of Dragons Den – another business failure unearthed & his PLC record in focus as shares in Outsourcery Slump

Published 1063 days ago

Over the weekend I revealed HERE the string of business trainwecks that are the real career of Dragons Den new boy Piers Linney. I also flagged that his AIM listed Outsourcery (OUT) was in dire straits and its shares have slumped from 34p on Friday to 25.5p ( and falling) today as the possibility that it could go tits up looms ever larger – as I flag HERE.

US Oil & Gas – Conversation with Alexander David Securities…developing: New target price 0p.

Published 1064 days ago

Yesterday I accused US Oil & Gas (USOP) CEO Brian McDonnell of being a liar and a fraud and said that he should go to prison. I invite him to sue me for libel as this is a watertight case and such a case would only hasten his destruction  I also pointed out that this raises questions for US Oil’s retained broker and advisor Alexander David Securities. And guess who called me this morning?

US Oil & Gas – The Kilkenny Ramp, the jokes just keep on coming

Published 1112 days ago

If you have a spare one hour and 49 minutes and want to listen to a comedian spouting total bullshit we are here to help with the assistance of wee Brian “It’s The Way I tell ‘em” McDonnell the man in charge of the POS joke GXG listed company US Oil & Gas (USOP). Before you listen remember:

USOP Comedy Genius Liam McGrattan is coming to the AIM Cesspit – you could not make it up!

Published 1116 days ago

Well this is the acid test for AIM – will it accept a listing from Liam McGrattan the Irish fellow who has brought us the stockmarket disasters US Oil & Gas (USOP), TeknoMining and many others. If the Cesspit allows Liam to list IMC Exploration then it is officially a joke market.

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