Results

Gametech Beer & Popcorn time: Drummond vs Skelhorn, the latter bites back with a vengeance

Published 3 days ago

The demise of Gametech PLC the next venture of Jason Drummond after the Teather's (TEA) debacle looks clear - so much for a stockmarket float care of London's worst Nomad Roland "Fatty" Cornish. We revealed the Gametech was heading for tits up town HERE last week. Now Mr Drummond's apparent arch enemy Richard Skelhorn has bitten back with an official statement relating to that article:

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

Published 96 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.

Who will be the "hero" of Tom Winnifrith's Christmas Carol 2016? What do you think?

Published 115 days ago

Last year my three part Christmas Carol series starred white collar criminal Chris Oil. The year before it was fraudster Rob Terry. But who to go for this year? There are so many choices. I have a few ideas on my short list below but what do you think?

China fraud Taihua: where, oh where, oh where, oh where is the share buy-back (and what has happened to the company website)?

Published 120 days ago

ShareProphets AIM-China Filthy Forty play Taihua (TAIH) has been promising a share buy-back since the launch of an Open Offer back in August which was apparently being conducted to pay for it. The last update from the company - on 30 September (interims, released on deadline day) - told shareholders that the company expected to announce the mechanics of this Godot-esque buy-back “shortly”. That was more than eight weeks ago. We are now heading towards the very end of November. While we are at it, what has happened to the company website? 

Our Readers said: Even Roland "Fatty" Cornish not bent enough to act for FRAUD African Potash - its screwed

Published 123 days ago

On Monday Cantor Fitzgerald announced that as of December 7 it would no longer act as Nomad for the AIM fraud African Potash. So Potash needs a new Nomad to sign off on its lies to enable it to commit securities fraud. But who will act for it? We polled you yesterday and while many of you thought that cometh the day there was only on go to Nomad for a fraud, more of you thought that no-one, not even Roland "Fatty" Cornish, was that desperate. But that potential tax issue may prompt an urgent need for cash and that may yet sway Fatty! The results of who you thought would act for the fraud Potash are:

Odd One Out Contest Result - it was all about tax

Published 132 days ago

I thought last week's odd one out contest was a piece of cake but no-one got it right although one person was getting there. Okay: it is all about tax if you think about the four images below.

Draining the AIM Swamp - Nomad Strand Hanson & its problems with the taxman

Published 135 days ago

As I have highlighted in other reports, the AIM market is shrinking in terms of the number of AIM listed companies and number of new IPOs. Unsurprisingly this is having a dramatic impact on the profitability of some of the City players. For instance Strand Hanson which acts as NOMAD to 36 AIM companies commented in its Strategic Report for the year ended 31 December 2015, submitted on 13 September 2016, as follows:

Tom Winnifrith Bearcast: What to do about 2 great evils in our society: smoking & Roland "Fatty" Cornish

Published 140 days ago

I think that about eleven minutes in I managed to send my dad to sleep with this podcast but I hope you make it to the end. I discuss correct and incorrect policy responses to two of the great evils in our society and, oddly, the answers are more or less the same.

Where Regulators fail market forces will wade in - Beaumont Cornish in focus

Published 140 days ago

Alistair Osborne lashed out at Nomad Roland "Fatty" Cornish in the Times on Saturday listing his long list of AIM failures. A central point made is that Fatty banks huge fees for doing an IPO only to quit before the shit hits the fan or before the fat lady sings. In other words he earns megabucks and then scuttles off to hide in his favourite restaurant whilst others suffer the financial damage. Osborne starts his article on New World Oil & Gas (NEW).

New World Oil and Gas: Nomad walks, execution scheduled for 10 Nov

Published 153 days ago

In a corporate update released at 4.03pm this afternoon, AIM-listed (pro tem) New World Oil and Gas has announced the bad news that its Nomad, the disgraced Roland “Fatty” Cornish at Beaumont Cornish is to walk as at the close of play today. It also announced that its scheduled AIM execution under AIM Rule 41 is on 10 Nov, not 9 Nov as previously advised. One last hurrah for checking and verifying RNS announcements for the now ex-Nomad to the company. How fitting.

More crooked than a Beaumont Cornish AIM IPO - Nigel Somerville wins "fatty" Caption Contest. I go to HMRC whistleblowing

Published 157 days ago

No doubt our in house comments section loon Wildes will be, once again, reporting me to the FCA for this but the winner of this week's Roland "Fatty" Cornish, the worst Nomad in London, Caption Contest is the Deputy Sheriff of AIM. We asked for captions to the picture below:

Roland Fatty Cornish Caption Contest in wake of New World Scandal

Published 158 days ago

I trust that you have written to the wretched bogus Sheriff of AIM, the head of the Oxymorons at AIM Regulation, Mr Marcus Stuttard demanding that Roland Fatty Cornish be struck off as a Nomad after the New World bank heist scandal? If not write now! In light of that please submit suitable captions for the picture below in the comments section. The deadline is midnight on Thursday

New World Oil and Gas – AGM update, warns on delisting. Can the mess be sorted?

Published 159 days ago

Last night after hours AIM-listed New World Oil and Gas updated the market on a number of matters and it looks to be bad news all round. Having already announced that its proposed RTO with Big Sofa was off the table, the latest bombshell was that under AIM Rules it is to lose its listing on 9 November and that it had already agreed to part company with its Nomad (the useless Beaumont Cornish) as from the close next Monday. The mess could hardly seem worse.

Write to Marcus Stuttard at AIM Regulation NOW to Demand Roland Fatty Cornish is struck off

Published 160 days ago

Today is a very dark day indeed for AIM as the scale of the white collar crime at New World Oil & Gas under its former management team has become clear. That former directors should be investigated by the SFO and others is clear. But AIM Regulation must act quickly to cut one cancer out of the system, it must stop Roland "Fatty" Cornish individually and his firm Beaumont Cornish from ever acting as a Nomad again. I urge you to email the boss of AIM Regulation Marcus Stuttard demanding this happen and suggest what to write below. You can email Marcus at

New World Oil and Gas – will the Oxymorons apply the same interpretation of AIM Rule 41 as they did with LED Holdings?

Published 161 days ago

Tom Winnifrith has already commented on the appalling mess at AIM-listed New World Oil and Gas. I shall not repeat any of that, but there is one angle to this which is worth mentioning, and it regards the looming deadline as regards the suspension of the company’s shares from trading. Under AIM Rule 41 you get six months and then you are booted off the Casino. Except when you don’t…..

Exclusive: New World Oil & Gas - RTO off because of the Kazakh bank heist & Niel Petroleum money laundering

Published 161 days ago

This needs to be the day when London's worst Nomad Roland "Fatty" Cornish is drummed out of the City of London for good. This will shock you. New World Oil & Gas (NEW) has abandoned the RTO with Big Sofa but has not said specifically why. So let me assist.

China fraud Taihua – where is the buy-back? A case-study in procrastination.

Published 161 days ago

Back on 25 August this year ShareProphets AIM-China Filthy Forty play Taihua (TAIH) issued a comedy RNS announcing an Open Offer which was to be used in part for working capital and in part to fund a share buy-back. The working capital we can all understand, given the audit qualifications in its FY15 results and the content of its recent interims. But what about the share buy-back?

Expose: How Jason Drummond & Teathers blew £10,500 of shareholders cash on a "shooting day" at "Downton Abbey"

Published 173 days ago

Pretty soon we will hear the full awful details of the realisable assets at Teathers Financial (TEA) and I fear that we must brace ourselves that it will not be good. The word on the street is that the number could be as low as £100,000. So where did all the money go? This will horrify you.

Nyota - is it bust yet? Real pain for those who fell for the recent ramping

Published 178 days ago

Nyota Minerals (NYO) shares have been pushed ahead in recent days and weeks by the usual insane ramping that typifies the bottom end of the AIM Casino. Today came reality - final results which showed how the former management led by Richard "piggy" Chase had spunked all the cash. Those mugs who paid up to 0.07p in recent days must be feeling rather sore with the shares at 0.045 to sell... and still falling.

ShareProphets Translation Service: Daniel Stewart – Rob Terry writes off investment by Quob Park.

Published 199 days ago

Hooray! The ShareProphets Translation Service, refreshed after its nice summer holiday in a swanky London penthouse suite with plenty of coke and hookers, is back. And what better way for it to get back to work than to take a look at the latest blog from fraudster Rob Terry’s Quob Park Estate – which has now admitted that it is going to write down its investment in former AIM Cesspit poster-boy Daniel Stewart Securities plc (DAN). So much for 10p a share, ho ho ho - the crocodile tears are flowing at ShareProphets Towers.

Quindell Fraudster Rob Terry comments on Daniel Stewart - this is comedy genius

Published 217 days ago

Say what you like about fraudster Rob Terry, the man is a comedy genius. I am sure that when he does get sent to prison he will be providing entertainment for his fellow inmates in all sorts of ways. But away from the shower block one way will be as a comedian. Terry's latest commentary on the "blog" of his new ponzi, Quob Park Estate is a comedy classic.

Golden Saint Resources - Dynamite allegations - Cyril d'Silva's ex brother in law writes

Published 220 days ago

This post appeared on our comments section yesterady after an expose (HERE) about Golden Saint Resources (GSR). The post is written by the former brother in law of Golden Saint founder Cyril d'Silva. I have today spoken to him and there is far more to come. How on earth Roland "fatty" Cornish floated this worthless junk defies belief. But it was and still is clearly utterly worthless. Over to our new friend who writes:

Golden Saint – update on Licence Renewals forced out

Published 220 days ago

Perhaps my question as to what was going on regarding AIM-listed Golden Saint (GSR) and its ongoing licence renewal saga landed just in perfect time between Nomad Roland “fatty” Cornish’s breakfast and lunch, as the company issued a statement shortly after my earlier piece today. Jolly good – let’s see what the company has to say for itself….

Tom Winnifrith Bearcast: Roland "fatty" Cornish - "oops I did it again

Published 240 days ago

I start with Gulf Keystone (GKP) and a share price driven by morons. talking of morons, London's most useless Nomad, Roland "fatty" Cornish has screwed up again. This time it is Nyota Minerals (NYO) although the real issue here is when is Nyota bust. I think it might be already. I look at Avanti and ask who is smarter: Tom Dobell of M&G, a Bulletin Board Moron or an institutional investor in bonds. I look at Koovs (KOOV), Essentra (ESNT) and Audiooboom (BOOM).

Shareholder activism – is a new broom set to sweep out AIM’s overpaid duffers?

Published 245 days ago

One swallow does not a summer make, according to Aristotle. I guess he would baulk at two as well but it does seem that a few swallows are getting the idea. I refer, of course, to the growing number of AIM companies facing shareholder activism. It is a good thing.

Octagonal - GIS files accounts: curiouser & curiouser said the white rabbit to John Gunn

Published 250 days ago

After yesterday's farce of John Gunn's Octagonal (OCT) being forced to respond to an article by myself (HERE), it seems that Mr Gunn has been a busy boy. 

Nyota: Corporate Update does not tell the most important fact - what is Fatty playing at?

Published 264 days ago

The new board at Nyota Minerals (NYO) has published a corporate update which is dire as far as it goes but the most important fact, the one that really matters, is missing. That is to say, Nyota does not say just how little cash is left. Was this an accidental oversight by dozy Nomad Roland "Fatty" Cornish or was Nyota just afraid that the truth would prompt another sell off of the shares? Its too late to find out for today as it is just past eleven to Fatty is right now waddling off to start his four course luncheon.

Golden Saint Resources - its Z list team of advisors refuse to comment on damning allegations

Published 313 days ago

If you wanted to line up a top notch list of advisors to an AIM casino stock you would not go to POS Golden Saint Resources (GSR) for advice. It really has gone for the holy trinity of hopelessness.

Daniel Stewart – finally files Annual Return, but…..

Published 338 days ago

Shares in the former AIM-cesspit company Daniel Stewart Securities plc (DAN) were booted off the Casino in January this year after its latest – and last – Nomad, Roland “fatty” Cornish, found it all too much and resigned last December. Losing two Nomads in the space of just eight months proved terminal and the company was unable to find another Nomad prepared to represent it.

The Stench of Lenigas & REM: European Metals & Lithium Australia who ditched who?

Published 354 days ago

On 15 December 2015 long time David Lenigas lackey Roland "fatty" Cornish floated, already Aussie listed, European Metals (EMH) on the AIM Casino on the back of its Cinovec lithium project in the Czech Republic.

Auhua Clean Energy - you have until 4.30 PM to sell: tick tick tick tock...kerboom

Published 395 days ago

Oh dear it looks as if another China fraud is set to be marched off to the AIM casino death row this weeked ahead of a formal execution in one month. Auhua Clean Energy (ACE) has until Sunday night to find a new Nomad following the resignation of Grant Thornton a month ago. And quelle surprise....

Golden Saint Resources, D' Silva to walk, cash almost gone - where's the fat lady?

Published 410 days ago

No PR genius Steffi I am not accusing you of being a fat lady. Nothing could be further from the truth. On both counts. But while you sun yourself in South Africa with your market abusing criminal client Chris Oil, I have some bad news for you. If you were wondering why your other client, Golden Saint Resources (GSR) had not sent you its £3,000 monthly retainer of late, there is an RNS just out....

Afriag and the Real Reason it is to quit AIM

Published 417 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...

LGO Energy Tries to Hide Calamitous decline with deceptive presentation: Gotcha!

Published 432 days ago

An RNS from LGO Energy (LGO) late yesterday announces that hapless CEO Neil Ritson is presenting at yet another conference in Trinidad. Boy that guy must have some air miles. The presentation which you can download HERE is truthful but misleading in respect to the calamitous decline in output. I refer you to page 2 which is below. This is a shocker.

Golden Saint: Gollum's Debt funded death spiral flops - how soon to lights out?

Published 445 days ago

After 89 days the Golden Saint Resources (GSR) crowd funded debt death spiral organised by Crowdforangfels and its imbecilic compliance officer Gollum Gill was pulled last night. It had raised just £3,350 - just a little way below the minumum of £50,000 and the £250,000 target. This morning Golden has fessed up to the flop.

Golden Saint Resources - 2 days left to death? Crowd funded death spiral update - day 88

Published 446 days ago

Why has Nomad Roland "fatty" Cornish not yet had shares in insolvent Golden Saint Resources (GSR) suspended? After all it is totally bust. Perhaps it is in the hope that its crowd funded debt death spiral organised by Richard "Gollum" Gill would be a saviour? If so I have bad news because after 88 days...

Reader Poll - who was the biggest stockmarket villain of 2015?

Published 450 days ago

We have featured a range of total wrong'uns on these pages during 2015 but who do you think was the biggest stockmarket villain of the year?  Rob Terry for the Quindell fraud but also for his Knob Park antics at Imaginatik and Daniel Cesspit or was he the 2014 villain? David Lenigas for the fiasco at Lenigas Cuba and the disgraceful antics of Afriag as well as the Horse Hill fiasco? Peter Landau for finally getting his comeuppance? Criminal and liar Chris Oil who surely gets his collar felt in 2016? Naibu's Houyan Lin? What about Costis from Globo? The AIM Casino short list is in fact a depressingly long list but you can vote from the dirty dozen I have shortlisted below. Deadline midnight 3rd January

Totally bankrupt Golden Saint Resources issues comedy release of the year

Published 459 days ago

PR genius Steffi I applaud you for making me a happy man with what must be the most ludicrous press release of the year from your client Golden Saint Resources (GSR). We know that this company is bankrupt and trading whilst insolvent but I am glad that Nomad Roland "fatty " Cornish has not done his job properly and suspended the shares from the AIM Casino as this is sheer comedy.

LGO Misleading Investors Big Time? - does anyone care about AIM Rules any more?

Published 461 days ago

I will now demonstrate how LGO Energy (LGO) appears to have mislead investors in a cavalier and wilful fashion on a very material transaction and fund raise in 2014. It appears to have breached AIM Rule 11 flagrantly but does anyone care any more? Is the Sheriff of AIM the only person left who actually reads the AIM Rule book and takes it seriously?

Christmas Really has come Early - Fatty Cornish Quits as Nomad to Daniel Stewart

Published 461 days ago

Oh joy of joys. I am now enjoying a large ouzo. First David Lenigas leaves the Casino and now this... Roland "fatty " Cornish, the Nomad of last resort, has had enough and has quit as Nomad to the - already suspended - Daniel Stewart (DAN) with immediate effect. What a fucking brilliant day I am having.

Struggling for small talk ideas at the Daniel Stewart Christmas Party - a few one-liners to try

Published 473 days ago

Maybe you have no shame and will tonight be attending the Daniel Cesspit (DAN) Christmas Party but are worried that you might struggle to make small talk with its useless boss Peter Shea and his dwindling numbers of staff? Fear not, just for you, here is a cut out and keep 13 handy one liners to use. There is no need to thank me, in the season of goodwill I'm just trying to help.

Senterra Energy – all very cosy round at Optiva Securities

Published 488 days ago

Tired of acting for shite companies run by David Lenigas? I can’t blame Optiva Securities for feeling that way. Acting for Lenigas Cuba must be a bit of a drag. So why not set up your own shite company and float it. Welcome to Senterra Energy (SEN). Rope in a few mug punters like market abuser Chris Oil to pump it on twitter and off you go.

Golden Saint Resources shares slide as death beckons – live execution watch update

Published 492 days ago

Floated on the AIM casino 18 months ago at 10p, shares in the insolvent Golden Saint Resources (GSR) are sliding again today and are now just 0.035p to sell (loss since IPO of 99.965%) so how is its crowd funded debt death spiral doing. I am afraid that the news is not good on day 42.

Daniel Stewart - placing "shortly" descending into NEW farce?

Published 501 days ago

AIM-listed but currently suspended (for the second year in succession for failing to publish accounts on time) Daniel Stewart (DAN) has issued the most bizarre RNS explaining the issuance into Crest of 1,666,666 shares which do not appear to have been allotted, according to Companies House filings. Further, the recipient of the shares seems to be unable to return the stock. The statement - which raises all manner of questions - reads:

Fraudster & insider dealer Rob Terry shocking revelations about Daniel Stewart

Published 508 days ago

Over at Ponzi Quob Park (QPE), the fraudster Rob Terry of Quindell (QPP) infamy has penned a lengthy post about Daniel Stewart (DAN). It is shocking and begs massive questions.

Golden Saint Resources Live Execution Update day 26 – Grab a grand!

Published 509 days ago

Totally insolvent AIM Golden Saint Resources (GSR) had a cracking day 26 on its live crowd funded debt death spiral – some mug punter pledged £1000. That means that £3,200 has now been pledged (admittedly at least £800 of that coming from imbecilic Northern slum refugee Richard “Gollum” Gill and colleagues at crowdforangels) and so the net proceeds (inc VAT outflows are now) a massive £88. Yes after 26 days Golden Saint has raised a net £88, enough to pay for the invaluable services of PR genius Stefania for approximately twenty two and a half hours. So …

Lenigas Cuba – pure bollocks in its desperate RNS of today – I smell panic

Published 509 days ago

The shares of Lenigas Cuba (CUBA) are taking another beating on ISDX today as folks desperately rush for the exit. But it’s hard to get out of a lobster pot so hey presto, Big David Lenigas rustles up a good news press release. But the problem is that the RNS is pure bollocks and everyone knows it. These days if Dave says 2+2 = 4 most folks would find themselves calling for Rob Terry to check Dave’s maths before believing the fat Aussie share ramper.

Daniel Stewart - where's the placing, month 2: imminent?

Published 511 days ago

It is now a full calendar month since shares in AIM-Cesspit poster-boy Daniel Stewart (DAN) were suspended for the second year running for failing to publish its accounts on time. The suspension statement on 1 October said that the company expected to announce news of a fund-raising "shortly". Roll forward to 23 October and the company was now making progress, and expected to announce funding plans, ahem, "shortly". Mr Godot will definitely be here tomorrow. Or "shortly".

Golden Saint Resources Live Execution Death watch – Massive day 19, 100% increase in funds raised – it’s still bust

Published 515 days ago

Wow big news from the live execution of Golden Saint Resources (GSR) via a crowd funded death debt spiral – the amount raised has on day 19, doubled. But before its supporters celebrate too much….

Roland “fatty” Cornish Caption Contest – joint winner announced

Published 519 days ago

On Tuesday we brought you an image captured the previous day at 4 PM as London’s worst Nomad Roland “fatty” Cornish enjoyed a leisurely luncheon. Well done all for your entries which were in part funny and in part obscene and in many cases both. You can find all entries HERE. But the joint winners are:

Golden Saint Resources Live Execution Deathwatch day 15 – Guess What?

Published 519 days ago

You will remember that AIM listed Golden Saint Resources (GSR) is out of cash and trading while insolvent as it burns up to £6,000 a day but that its rescue plan was to raise £250,000 via a crowd funded debt death spiral masterminded by Northern slum refugee the talentless little shit Richard “Gollum” Gill and crowdforangels. So what is the update on day 15?

Daniel Stewart – funding package to be announced “shortly” (again)

Published 520 days ago

On 1 October shares in AIM Cesspit listed Daniel Stewart (DAN) were suspended because the company had failed, for the second year running, to produce its accounts on time. We were told in the suspension RNS that the company was working on a funding package which would be announced “shortly”. Today, more than three weeks later, we have had an update: the company is working on a funding package which will be announced “shortly”. Hmmm.

Tuesday Caption Contest - Useless Nomad Roland "Fatty" Cornish Edition

Published 523 days ago

By now it is clear after the numerous scandals at New World Oil & Gas (NEW), Gate Ventures (GATE) and so many others that we’ve forgotten, that Roland “fatty” Cornish is officially London’s worst Nomad. His latest triumph is to allow shares in Golden Saint Resources (GSR) to continue to trade even though the company is insolvent and its Richard "Gollum" Gill crowd funded debt death spiral has only raised MINUS £1938.50.  To celebrate this walking disaster story we have another caption contest. Don’t hold back…there is a prize.

Golden Saint Resources Live Execution Update Day 11 – Guess what?

Published 524 days ago

You will remember that AIM POS Golden Saint Resources (GSR) is out of cash and is burning cash at up to £200,000 a month. It is insolvent. Its Nomad Roland “fatty” Cornish is too busy thinking of his next five course lunch to push the company on this and have the shares suspended pending clarification. When this goes tits up, his failure on this point will be raised with AIM Regulation. But at least there is the crowd funded debt death spiral to raise £250,000 which is now 11 days into its 90 day campaign, there to save Golden. How is it doing?

Daniel Stewart – the silence is deafening: where’s the placing?

Published 526 days ago

Oh dear, oh dear. On 1 October shares in AIM-listed Daniel Stewart (DAN) were suspended for failure to publish accounts on time for the second year running. In between times it was suspended again after its previous Nomad resigned. Three suspensions in thirteen months does seem to be a tad careless, does it not? But the 1 October RNS told us that The Company is working on the conclusion of a funding package that it expects to announce shortly, following which it expects to be able to publish its FY 2015 Accounts and resume trading on AIM. It is now 18 October. Well, where is it? Are there a few issues going on behind the scenes that we have not been told about?

Golden Saint Resources Live Execution Deathwatch day 8 – How Gollum has cursed Crowdforangels

Published 526 days ago

It goes without saying that the scoreboard was not exactly rattling yesterday at the live public execution crowd funded death spiral of Golden Saint Resources (GSR). Is that because Golden Saint is an insolvent POS or because the crowd funder crowdforangels has been cursed by having the congenitally imbecilic Northern Slum refugee Richard “Gollum” Gill on board as its compliance officer? Or both. As it happens…

Lawyers letter Injunction threat on way - reader poll guess who?

Published 530 days ago

I have just been tipped off that someone is about to send a lawyer's letter seeking an injunction. I know who. But can you guess? Needless to say I shall see the bitchez in Court. So it is time for another reader poll. Who wants to gag me?

Tom Winnifrith Bearcast 13 October - back to swearing at Big Dave, Fatty and all the other scumbags

Published 530 days ago

In today's podcast I look at yesterday's Quindell (QPP) news, Big David Lenigas and his ramping and personal abuse (if he wants a war then I'm up for it), Golden Saint Resources (GSR) and what Roland "Fatty" Cornish should do now, Sefton Resources (SER), Galantas Gold (GAL), Auhua Clean Energy (ACE), long term AIM dog Image Scan Holdings (IGE) and SeaEnergy (SEA)

Watch the Golden Saint Public Execution Live Update – Crowd Funding Net Proceeds now MINUS £1938.50

Published 534 days ago

This gets more hilarious by the day, the slow public execution of Golden Saint Resources (GSR) as it endeavours to secure £250,000 via a crowd funded convertible debt death spiral. On day 2 the net proceeds so far are MINUS £1,938.50.  Death ahoy. The hard maths are just appalling.

Daniel Stewart – problems with the placing? Come on ‘fess up chaps

Published 537 days ago

Daniel Stewart (DAN) shares remain suspended because it can't publish its annual results until it does a placing otherwise the (piss poor) numbers will be heavily qualified. What is going on? Is there a wee problem?

BREAKING: Tom Winnifrith gets lawyers letter – reader poll: guess who?

Published 541 days ago

I have not had a lawyer’s letter for seven months and was feeling rather miffed about it but in a great end to the week I have just got one. It goes without saying that this is a fight I shall relish. I shall see these bitchez in Court and I shall win.  All will be revealed tomorrow but would you care to guess which scumbag has sent the letter? Vote by midnight Friday.

New World’s Peter Sztyk’s AIM Rules Up his Nomad’s fat arse – will his law breaking be allowed?

Published 556 days ago

Ben Turney has just revealed HERE how the discredited Peter Sztyk, the CEO of New World Oil & Gas (NEW) told today’s investor call that the company would spunk two thirds of its £3 million net cash on a new well (to follow its previous duster) in Belize within weeks. This is price sensitive information. This should have been issued via an RNS.

Who would you like to be Tom Winnifrith’s Christmas victim this year? Nominate away

Published 560 days ago

Last year my three part Christmas Carol series concluding on Christmas day featured the Quindell fraudster Rob Terry. In a prior year Evil Knievil featured. I was thinking about this year’s offering today but whose Christmas Carol will I be recounting?

Bonfire of the bad Nomads – Cenkos and Beaumont Cornish

Published 588 days ago

There are two very interesting firings today of Nomads. First Teathers Financial (TEA) has binned Roland “fatty” Cornish moving to Grant Thornton and secondly Quindell (QPP) has canned Cenkos (CNK), moving to Peel Hunt.

Tom Winnifrith Bearcast 27 July - Coronation Street, another Manchester Soap and the ludicrous Gate Ventures fraud

Published 608 days ago

The Mrs hails from the Grim Northern post industrial wastelands and so to keep in touch with life in the welfare safari is an avid viewer of Coronation Street. I admit that I was watching two episodes last night as a refresher course on what life is like in the slums of Manchester. And that brings me to a few comments on today's other Manc Soap, the strange tale of Brokerman Dan. Then it is onto Gate Ventures an ex AIM Casino fraud which has put out the most amazing announcement this morning and that is the main point of this podcast. Roland "fatty" Cornish I hope you are listening.

New World Oil & Gas shares start trading and crash – are they a buy? And what happens now?

Published 619 days ago

New World Oil & Gas (NEW) shares were suspended at 0.24p because of the inability of shareholders to get trades settled. Following a £3.5 million fund raise at 0.09p that seems to have been settled and the shares have restarted trading today, duly crashing to 0.08p -0.1p. Questions, questions.

Feeling like I am on acid at the Ariana Resources party - the ghost of convicted felon Charlie Gibson

Published 636 days ago

Ariana Resources (AAU) is ten years old. I really do admire its battling CEO Kerim Sener who is a really very good chap. The shares are – at 1.15p mid – very cheap and so I was delighted to attend its 10th anniversary on the AIM casino party tonight. I return very well refreshed - it has been one hell of a trip.

Exclusive: Lucian Miers writes to AIM Regulation & ZAI Corporate Finance re the China fraud Gate Ventures

Published 637 days ago

Bear raider: Lucian Miers has written to AIM Regulation about China fraud Gate Ventures (GATE) and has cc'd in ZAI Corpoate Finance which is widely believed to be the only Nomad prepared to consider acting for these shysters now that Roland "Fatty" Cornish has quit in disgust. Lucian's letter does not pull its punches and is below.

Gate Ventures - Nomad "fatty Cornish" quits - shares suspended

Published 642 days ago

At last the spineless crony capitalist pig Roland "fatty" Cornish of New World Oil & Gas infamy, has quit as Nomad to China fraud Gate Ventures (GATE) and hence the shares have been suspended at once. The shares were listed in March and via fees and from exercising warrants and flogging shares - even though the prospectus said he could not exercise for a year - fatty has trousered c£400,000 but now even this greedy pig, devoid of principle has had enough.

Bulletin Board Moron of the Week Contest #20 – In Honour of Roland “fatty” Cornish

Published 679 days ago

We have often criticised Nomad Roland “fatty” Cornish for his role in the debacles at New World Oil & Gas (NEW), Gate Ventures (GATE) and other AIM casino omnishambles stories. Now he is also acting for Rob Terry’s Daniel Stewart (DAN). But in acting for all these POS enterprises and for signing off on so many comically misleading RNS statements, fatty does have a function. He keeps these joke Companies on the AIM casino and that gives the folks on the LSE Asylum something to froth about. Heck, I forgot – fatty also used to act for Aiden Earley’s Worthington (WRN).

New World Oil & Gas: Chris Oil & the Shorts off the Hook: shares collapse

Published 685 days ago

Oh dear. Those following flip flop pitchfork Ben Turney and the loons on the LSE asylum and filling their boots with New World at up to 0.85p ahead of “The biggest bear squeeze in history” have today done their conkers. The shares have crashed by more than 60% to just 0.16p bid thanks to two announcements. Ouch, how does it feel being skewered on your own pitchfork? Ask Ben.

Daniel Stewart gets a Nomad but even Fatty Cornish draws a line with toxic Rob Terry

Published 688 days ago

Nomad Beaumont Cornish, run by Roland “fatty” Cornish may act for China fraud Gate (GATE) and have covered himself in opprobrium over New World and Digital Learning (see HERE) but even fatty draws the line somewhere and that is over getting involved with Rob Terry of Quindell infamy.

Could Chris Oil lose £7 million on New World Oil & Gas? Or more?

Published 691 days ago

This morning’s RNS from New World Oil & Gas makes it abundantly clear that the takeover Panel is at least considering forcing the eccentric blogger and hit and (largely) miss share tipster known as Chris Oil to make a mandatory offer for the company and this could well set the poor fellow back a net £5.5 million or more.

Why Beaumont Cornish MUST be stripped of its NOMAD license and fined into oblivion immediately

Published 692 days ago

Quite simply, the firm of Beaumont Cornish is not fit for purpose as a Nomad. It epitomises all that is wrong with the AIM market. The epic fiasco surrounding the New World Oil and Gas Placing may be the last straw but Beaumont Cornish has form going back years. Even with regard to just this one company there have been serial disasters, but there are more cases where Beaumont Cornish has failed in its duties as Nomad.

New World Oil & Gas, additional issues & thoughts - bearcast extra

Published 694 days ago

I stand by my thought on New World from yesterday's bearcast HERE. But having slept on the matter new issues arise. Could the turnout at the EGM exceed 100%? Yes. Should the shares be suspended? Who is Mrs Williams? Should trades be unwound? Arguably yes. Should Roland "fatty" Cornish lose his Nomad license? No question - yes.

Tom Winnifrith BearCast 2 May - New World & Aquatic Foods

Published 694 days ago

Two looming scandals on the AIM casino -next week will be New World Oil & Gas (NEW) where it could be an explosive headache for ninth rate Nomad Roland "fatty" Cornish and then Aquatic Foods which the Chronic Investor reckons is a Red Flag free China play. Au contraire.

Daniel Stewart Shares Suspended, Maybe Roland “fatty” Cornish needs convincing on funny money

Published 695 days ago

And so a month after Westhouse quit as Nomad to disgraced City advisers Daniel Stewart (DAN) no nomad has been prepared to take on this bag of shite and – again – its shares have been suspended from the casino. If no-one wishes to destroy what reputation they might have and act as Nomad by June 1 then Daniel Cesspit shares will be booted off the casino for good. I warned you about this yesterday HERE. But Cesspit reckons that all is far from lost.

New World Oil & Gas tells outright lie about placing in RNS today – Chairman & Nomad Fatty Cornish should quit in DISGRACE NOW

Published 698 days ago

Shares in New World Oil & Gas (NEW) have today slumped as it announced that it had raised £1.5 million at 0.55p. The statement that accompanies this news from non-exec chairman Chris Einchcomb is a lie. He should be fired as should low life scumbag Roland “fatty” Cornish who has allowed this LIE of an RNS to be issued.

Full expose: Gate Ventures, Gatewang, a China fraud on Aim and a sleazy Tory MP – Tony Baldry

Published 702 days ago

Just when you thought that the AIM casino could not plunge to new depths I now bring you a full expose of the biggest fraud of the year, Gate Ventures (GATE). It involves a series of characters all of whom have been involved in AIM listed frauds before. Shares in Gate must be suspended at once pending a full stewards. 

Andrew Monk of VSA Resources promises to emigrate if Labour wins...Reasons to back Red Ed No 1

Published 714 days ago

I see that Andrew Monk of VSA Resources is today saying that he will emigrate if Labour wins the General Election. Normally Jim Davidson makes a similar pledge. That almost makes me tempted to back the People’s Party. Just wondering who else has promised to leave the Country if the Reds triumph on May 7? If any one of:

Tom Winnifrith Bearcast - 21 March

Published 736 days ago

In this podcast I look at the Gate Ventures farce and have some very very serious questions for its low-life Nomad Roland "fatty" Cornish about events last week and his warrant. I look at the fall out from the demise of Hume Capital and the questions that raises and then also talk about my chat with the FCA last week

Odd One Out Result & the 9 villains for UK Investor Show explained

Published 739 days ago

Okay now we can put you out of your suspense. Let’s start with the nine villains  - let me explain. Thank you for all your suggestions, I can see that there is a ground swell of support for including Roland “Fatty” Cornish in the nine and who am I to object? The final 9 will be revealed on April 18 at UK Investor Show and you can see photos of them all at a special stand.

Worthington fraud part 17: Doug Ware running scared and meanwhile can he explain why his financial adviser quit – another leaked letter emerges?

Published 759 days ago

Worthington asked me for an address where it can serve legal letters on me for libel citing all sorts of legalese as to why I should comply and adding that if I had nothing to hide I should have no concerns. I have nothing to hide as it is a fraud and so I provided an address. Eight days ago I demanded that Worthington’s lawyers provide a service address for Doug Ware…

Tom Winnifrith's NY Sheriff Resolutions and the 10 least wanted men on AIM BearCast

Published 816 days ago

It is a special Bearcast as I make a number of Sheriff of AIM New Year Resolutions. And then I go onto to explain why the following are the least wanted men on the AIM Casino and what I plan to do about it to make their working lives a living hell in 2015:

New World Oil & Gas – Roland "Fatty" Cornish pins his colours to the mast of the sinking ship SS POS

Published 899 days ago

After months of painstaking investigation by our very own Ben Turney, yesterday, New World Oil & Gas (NEW) finally fessed up that it had sent 1 million Euro to a fake Sheikh and will struggle to get it back, admitted that it was in dire financial straits and its broker Shore Cap quit. But it still has one good friend, Roland “Fatty” Cornish. of the fine firm Beaumont Cornish.

New World Oil & Gas: The ShareProphets Style of Rooting out Fraud & lies Vindicated again – BB Morons weep

Published 900 days ago

Once again this website has exposed fraud, lies and deceit on the AIM casino – with regard to New World Oil & Gas (NEW). The statement from today vindicates everything that we have written and it has vindicated our approach. To the Bulletin Board Morons who attacked our articles as they averaged down I have no sympathy. You were warned but you insulted us. And you know who is next….

African Eagle – Is this the end or the beginning of the end: shares suspended

Published 958 days ago

Shares in African Eagle (AFE) were suspended from the AIM Cesspit today because as an “investing company” it has failed in twelve months to…er make an investment. In six months’ time if it has made no investment it will be booted off the casino for good. At the suspension price of 0.28p it is valued at £2.5 million but worth NOTHING. Who said markets were efficient?

Yet another request to AIM Regulation to investigate and discipline Roland “Fatty” Cornish

Published 997 days ago

I have flagged to AIM Regulation the numerous failings of Roland “Fatty” Cornish and his Nomad firm Beaumont Cornish. Once again I have written to Regulation today asking it to investigate why Fatty allowed Digital Learning Marketplace to publish as an RNS a total lie in August 2012. My start witness is….Angus Forrest now at Tern PLC (TERN) but then at DLM. Forrest is an honourable man and so has, I suspect inadvertently, dobbed Fatty in to The Sheriff of AIM

A Fourth Open Letter to AIM regulation re Roland “Fatty” Cornish & Beaumont Cornish

Published 1014 days ago

For the fourth time I have written to AIM regulation asking for a formal investigation into whether Roland “fatty” Cornish and his firm Beaumont Cornish carried out its supervisory duties adequately in the period June-September 2012 with regard to Digital Learning Marketplace (DLM), now Alpha Returns (ARGP), a firm then run by crony capitalists Angus Forrest & Bruce Leith who are now running Tern PLC (TERN) into the ground. This is prompted by the shock whistle-blower letter from July 17 2012 which I published in full yesterday, HERE.

Angus Forrest and Bruce Leith of Tern: The whistle-blower Roland “Fatty” Cornish Disgracefully ignored

Published 1015 days ago

A letter sent on 17th July 2012 by a whistle-blower to Roland “fatty” Cornish of Beaumont Cornish, Nomad to Digital Learning Marketplace (DLM) now Alpha Returns (ARGP) relating to its financial position and the conduct of Angus Forrest & Bruce Leith has fallen into the hands of The Sheriff of AIM. Oh dear, oh dear...shall I publish this explosive document and ruin some crony capitalists? Hmmmmm.

An Open Letter to AIM Regulation – A Third Request to Investigate Nomad Roland “Fatty” Cornish

Published 1020 days ago

For the AIM casino to work, allowing investors to trust PLCs to tell the truth, every statement they issue in an RNS must be verified by the company’s Nominated Advisor (Nomad). Nomads like Roland “Fatty” Cornish of Beaumont Cornish are paid fat fees for doing this work. If they fail to verify an RNS so that a company lies to investors they should be censured by AIM regulation and, in an ideal wold, prevented from acting as Nomad in future. In that vein I have now issued a third request to the AIM Team to investigate Beaumont Cornish and Fatty in particular regarding lies told in 2012 by Digital Learning Marketplace.

Shocker: Angus Forrest & Bruce Leith – When is a £350,000 contract not a £350,000 contract

Published 1021 days ago

Tern (TERN) chairman Angus Forrest is fleeing the country. Okay, I exaggerate, he is on a boat to France as he prepares for a week’s holiday. How do I know? Because he has just called me. Forrest tells me that what I am about to publish is confidential. But since it is explosive does he think I give a FF? Come on DLM (now Alpha Returns), Forrest, Bruce Leith go send me a lawyers letter if you want.

Angus Forrest of Tern & Roland “Fatty” Cornish – New Documents arrive & the Noose is now Ready FOR YOU!

Published 1022 days ago

Oh dear.  Oh dear. If Angus Forrest, the chairman of AIM Cesspit listed Tern PLC (TERN) was having a bad weekend it just got a lot worse as a raft of new documents have fallen into my possession regarding events at DLM (where he was chair) back in July-September 2012. And as for DLM’s Nomad, Roland “fatty” Cornish? Roland, do you just ignore whistleblowers and allow your clients to lie to investors?  Fatty you are also deep in the merde now. I have a damning email which you do not wish to seepublished. Oh dear I am not the sort of guy not to publish am I?

The AIM Cesspit tale of lies & deceit that was Digital Learning – Part 5: The Mystery of the Missing Shares

Published 1022 days ago

Various regulators are now looking at what happened between August 2012 and November 2012 at Digital Learning Marketplace (DLM) – now AIM Cesspit listed Alpha Returns (ARGP). Heads will roll and further actions will be taken in the coming week. The story now steps up a pace..

The sordid tale of AIM Cesspit listed Digital Learning. Now Alpha Returns Part 3

Published 1030 days ago

TW writes: This five part series of how private investors were lied to and ripped off on the AIM Cesspit is already making waves. Make no mistake heads will be rolling, folks will be getting fired and the regulators will be acting as a result of the dynamite revelations of Nigel Somerville. The story continues in part 3…

AIM Regulation formally asked to investigate Beaumont Cornish & "Fatty"

Published 1031 days ago

We seem to be having a bit of a run in with Roland "Fatty" Cornish of Nominated Advisor Beaumont Cornish. First there was the little matter of New World Oil & Gas – see HERE.  Now we come to events at what is now Alpha Returns (ARGP) and matters from 2012 revealed by Nigel Somerville earlier today HERE

New World Oil & Gas: Why won’t its Nomad Roland Cornish answer his phone…an open letter

Published 1032 days ago

I have asked very serious questions of New World Oil & Gas (NEW). But still we get no answers. One fellow who seems remarkably unkeen to pick up his phone is Roland Cornish, Nomad to this company.  You will be aware that under AIM rules a Nomad must verify all statements made by listed companies. As such I have today sent Mr Cornish the following letter.

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