Results

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

Published 32 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:

Jason Drummond's Gametech: Heading for administration but is it all what it seems?

Published 36 days ago

Four days before Christmas I revealed that after Teathers Financial (TEA), the next venture of Jason Drummond, Gametech, was planning a listing on NEX Markets c/o London's worst financial adviser/Nomad Mr Roland "Fatty" Cornish. Wind forward and the Court filing below suggests that it is on the brink of bankruptcy. But is all it seems?

An Open letter to John Gunn at Inspirit and Octagonal - you MUST suspend or fire Nilesh Jagatia NOW!

Published 62 days ago

Nilesh Jagatia the former FD at now delisted AIM bad boy Teathers Financial (TEA) is now enmeshed in controvery not only over Teather's serial ability to file accounts on time but over how shareholder's cash was used not only on entertainment involving semi clad young ladies but also for apparently personal spending by Nilesh. One hopes that by now the Old Bill and HMRC have been asked to have a butcher's. Amazingly Mr Jagatia remains as FD at two other AIM Companies both, as it happens, run by John Gunn: Inspirit (INSP) and Octagonal (OCT). I have now written to John Gunn.

BREAKING: Teathers Financial shocker: Nilesh Jagatia - Show Me The Money!

Published 64 days ago

The way that shareholders' cash was pissed away on corporate jollies & semi clad young ladies by the former board of Teathers Financial (TEA) has already been documented fully here. But documents have now fallen into my possession, here at Winnileaks, which ask even bigger questions about FD Nilesh Jagatia who is pro tem, still FD at AIM-listed Inspirit (INSP) and Octagonal (OCT). After this bombshell I wonder for how long.

Teathers releases Annual Results: where has all the money gone?

Published 98 days ago

Formerly AIM-listed Teathers Financial (TEA) has released numbers for the year to 31 October 2016. They are truly shocking. In its year to October 2015 the group balance sheet sported a net assets value of about £800,000 having raised just over £1 million in the year. That is pretty bad. But as at 31 October 2016 (having raised no further cash) net assets came in at about just under £70,000 with just £658 in the bank. Where did it all go?

Tom Winnifrith Bearcast - News from the Inspirit Boiler room is bad but Advanced Onco's bad news is er?

Published 116 days ago

I start with thanks for all the offers of support in dealing with the criminal poltroon Aidan Earley of Worthington (WRN)  - now in liquidation - infamy. I then look at Advanced Oncotherapy (AVO) and the questions it is NOT answering. Then I touch on Audioboom (BOOM) before going onto Parallel Media (PAA) before ending up with the basket case that is Inspirit Energy(INSP), its bleak future and its links to the Teathers Financial (TEA) scandal. Finally I brace myself for a night of woe tomorrow.

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

Published 124 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.

Sefton: Ben Turney accuses ADVFN's Chambers and Hodges of lying to investors

Published 176 days ago

Flip Flop Ben Turney who is endeavouring to oust Clem Chambers and Mike Hodges of ADVFN (AFN) from the board of now de-listed Sefton Resources (SER) has accused the two men of "telling blatant and demonstrable lies to investors in Sefton."

Tom Winnifrith Bearcast Special - The Sefton pantomime has started all over again

Published 196 days ago

Cry aceeed! Over the weekend Nigel published the proposals made by flip flop Ben Turney for Sefton Resources (SER) and Teathers (TEA). Yup the longest running pantomime on the AIM Casino is back in town. Some of the ideas suggested are just plain crackers. Truly when you thought this farce could not get any more surreal it just did. Others are actually very sensible. I try to cut through the farce to suggest what should happen.

ShareProphets Exclusive: Teathers and Sefton all-paper merger proposal as return to AIM is mooted

Published 197 days ago

ShareProphets has learned that the management of EX-AIM-listed Teathers (TEA) which was put in place by shareholder activism is to put formal merger proposals to ex-AIM-listed Sefton Resources (SER) with a view to the combined entity eventually relisting on AIM. The plan, subject to due diligence and shareholder approval by both companies, would see a new project (yet to be disclosed) injected into the combined entity, alongside the Teathers App business with the aim of getting back on to the Casino. This would, of course, represent a most remarkable turnaround for shareholders in both companies if it were achieved.

The elephant in the AIM abuse room: expenses and corporate entertainment - hookers on the tab & the AIM awards

Published 199 days ago

The revelations this week about how both Teathers Financial (TEA), notably HERE & HERE, and the former manager at Wandisco (WAND), HERE, have pillaged shareholder funds to allow management, their wives and pals to live the high life have been shocking. That the Teathers boys thought racking up a bar tab in one night which was greater than the UK average post tax monthly wage just shows how distorted was their value set. But this is the tip of a very enormous iceberg on AIM and among the crony capitalists who service AIM Companies. And it's all your money. I write today not to expose but to call for specific changes.

Teathers Financial - More 4 figure Largesse as the boys go on the lash big time with semi clad young ladies

Published 199 days ago

May and June 2015 was a time when Teathers Financial (TEA) was awash with cash thanks to an April placing. The only question was how quickly could the company's directors spend it? There was the shooting party and the General Election party but more was needed and on 29th May, the Friday before a bank holiday weekend folks were getting mighty thirsty.

Where did the Teathers Financial cash go ( part 2) ... Vince Cable not the only election day loser

Published 202 days ago

If you are a shareholder in Teather's Financial (TEA) you will already be fuming about our revelations about the lavish shooting party YOU paid for to keep Jason Drummond, Mrs Drummond and some City Hooray Henry's entertained. It gets worse...we could run a long series on the corporate profligacy of Teather's and may well do so, but let's start with Election Day 2015, May 7.

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

Published 202 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.

ShareProphets Exclusive: Sefton Resources gets an EGM Requisition after Chris Oil sells shares to Ben Turney

Published 203 days ago

The ex-AIM-listed Sefton Resources (SER) disaster story looks set to take an extraordinary new turn. ShareProphets hears that Ben Turney has now amassed enough of a holding to requisition an EGM proposing sack-the-board resolutions, appointing himself and one of his Teathers Action Group colleagues instead. Oooh, er.  But the most bizarre twist of this is that we hear that the source of Ben Turney’s holding of 585.1 million shares (out of 4.7 billion) is none other than a certain Mr Chris Oil, via a private sale. Aceeeeeeeed!!

Octagonal - Final Report: Is that really fair Vicar?

Published 247 days ago

Now that Teathers (TEA) disgraced Nilesh Jagatia has finally published accounts for another AIM POS, we can have a look at how Octagonal (OCT) has valued its investments. We start by looking at City Golf Clubs Limited.

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

Published 274 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.

Vast Resources: Crexit achieved, an incredible effort from the activist shareholders

Published 297 days ago

It’s been a fantastic week for democracy on AIM first with the ousting of the Teathers Financial (TEA) Board early in the week and then, yesterday, even more impressively was the show of strength by the shareholders of Vast Resources (VAST) at the general meeting ousting the greedy financiers, Crede, in the process.

Exclusive: Teathers sack-the-board EGM sees resounding win for rebels

Published 300 days ago

And so the rebels have won hands down at the sack-the-board EGM of formerly AIM-listed Teathers Financial (TEA). ShareProphets can exclusively reveal the voting numbers - it wasn't even close.

Tom Winnifrith Bearcast: crack whores like Eden, Golden Saint & Cloudtag as Polly Toynbee spikes Stockmarket

Published 300 days ago

The worst newspaper in the world in the truth and analysis department is the Guardian and its worst columnist is the loathsome haridan Polly Toynbee. Silly Polly has today caused the stockmarket to surge as I explain. I then move onto FastJet (FJET), Teathers Financial (TEA), Tern (TERN) & Nigel's dynamite expose today and an array of AIM crack whores: Servision (SEV), Eden Research (EDEN) and Cloudtag (CTAG). Warning: this podcast contains some very bad language.

Teathers – where did 3 million shares suddenly appear from on the eve of EGM?

Published 301 days ago

I just love Companies House. You can flick through so many companies in just a few moments and last night I came across a share allotment filing for ex-AIM Casino stock Teathers Financial (TEA) which turned up out of the blue only yesterday, and was filed on 25 June 2016 – just two days after Justin Drummond stepped down from the board. It seems that 3.05 million shares were issued on 29 Sept 2015. So why does this smell so badly of anchovy-stuffed rotting kippers?

Tom Winnifrith Bearcast: Go ahead start sacking the investment bankers, I'd pay to watch

Published 302 days ago

No lightning strikes today, thank God. What was he punishing me for? I start by discussing Richard Poulden's excellent letter on why folks are so angry so backed Brexit, but it is a wider issue as you can read here. Then I discuss liquidity in an investment company's portfolio, ref Teathers Financial (TEA) and finally I challenge the banks to make good their Brexit threat to fire investment banksters. I will pay for a ticket to watch but I explain why it was always a spoof. It won't happen.

Teathers – Drummond QUITS & speaks exclusively to Tom

Published 302 days ago

Well, well – another twist in the formerly AIM-listed Teathers (TEA) saga has emerged, as a wander through Companies House filings reveals that a certain Mr Jason Drummond quit as a director on 23 June 2016 (last Thursday), ahead of the forthcoming sack-the-board EGM on Tuesday. The question, of course, is why?

Tom Winnifrith Bearcast - I am utterly fecked off with everyone

Published 307 days ago

I am not writing much today as I am 100% fecked off with everyone especially Ben Turney, Jason Drummond and lyin' George Osborne. Instead I finished my olive pruning. I think I am going to quit writing and become a full time olive pruner. I discuss Teathers Financial (TEA), the Brexit vote, Photo-Me (PHTM), Chemring (CHG), Churchill Mining (CHL), xCite Energy (XEL) and dog spreadbetting waste of space London Capital (LCG)

Exclusive: Teathers - Jason Drummond says accounts will be far better than critics say

Published 307 days ago

Embattled Teathers Financial (TEA) boss Jason Drummond has admitted that the late filing of accounts was a mistake but, in a long conversation last night, he said that people who assume he is hiding something will have a big shock.

Tom Winnifrith Bonus Bearcast: Teathers/Drummonds/MediaCorp scandal the darkest day yet for the useless bastards at AIM Regulation

Published 310 days ago

The earlier piece on the Drummonds, Nilesh Jagatia and the Media Corp scandal needs to be read in full. What horrifies me is that it shows that AIM Regulation knew everything in July 2014 but failed to act.  The Bogus Sheriff of AIM, Marcus Stuttard, should either resign on Monday morning or find out who failed to protect investors, sack him and agree to compensate anyone who has lost money in Teathers Financial (TEA) and possibly Inspirit (INSP) as well. I warn you that I use bad language in this bonus podcast as I am furious with the Oxymorons at AIM Regulation over this appalling failure.

Exclusive: Kerboom Drummond Brothers & Nilesh - shocking lawyers letter reveals all - its game over for you

Published 311 days ago

Are you a pissed off shareholder in Teathers Financial (TEA), Inspirit (INSP), Octagonal (OCT) or any other company associated with Justin and Jason Drummond or Nilesh Jagatia? If so you are going to get even more pissed off as I have obtained and publish below a lawyers letter which exposes wholesale fraud and deception at their last outfit Media Corp (MDC). It is shocking.

Discredited Teathers director Nilesh Jagatia has form in failing to produce accounts on time

Published 314 days ago

It seems that Nilesh Jagatia, discredited director of Teathers Financial (TEA), has got recent form when it comes to failing to submit accounts by the statutory deadline. Mr Jagatia is finance directors of a number of Plcs, including one of my old favourites, the piece of Turkish that is Inspirit Energy (INSP). Just like Teathers, in December last year Inspirit received a First Gazette to strike the company off the register of companies for failing to provide its accounts on time. What is it that Mr Jagatia doesn’t understand about the legal requirements concerning his job?

Disgraced Teathers Financial “forgets” to publish proxy form on its website

Published 315 days ago

The discredited board of Teathers Financial appears determined to make itself look as bad as possible in its ongoing battle with activist shareholders. Yesterday the company managed to publish the EGM circular on the company’s website, but “forgot” to include the proxy form shareholders need to appoint proxies. Fear not though, ShareProphets has a copy of the form here

Un-fecking-believable: Disgraced Teathers board blames action group for failure to publish accounts

Published 315 days ago

Over the weekend shareholders in Teathers Financial (TEA) started to receive circulars for the forthcoming EGM. Having tried and failed to bully its shareholders into calling off the EGM, Teathers’ board has adopted new tactics in the circular - lies and smears.

Tom Winnifrith Bearcast - where has all the money gone at Teather's Financial?

Published 324 days ago

In today's bearcast I look at Inspirit (INSP) and Teathers Financial (TEA) and the common threads that show why both bring shame on AIM and are uninvestable. I then look at Teathers and ask where has all the money gone and what is it trying to hide? And I explain to two prize twits what a flip flop means. 

The AIM Nightmare board - joining CEO Piers Linney is FD Nilesh Jagatia - check out his CV of doom

Published 324 days ago

Who would you want running the AIM PLC board from hell? Naturally with Outsourcery (OUT) becoming his 39th business failure, or is it 38 I lose track, Dragon's Den flop Piers Linney has to be the CEO. I'd nominate that silly woman from Easyjet (EZJ) as Group Equal Opportunities Officer. The Chairman has to be the patrician twit Gibson Smith formerly at the LSE. The FD...check out the CV of Nilesh Jagatia of Inspirit (INSP) and Teather's (TEA) infamy now on the run!

Teathers Financial & Inspirit FD Nilesh Jagatia on the run

Published 325 days ago

Earlier today we flagged up a planned rampfest investor evening organised by jam tomorrow and hot air producer Inspirit Energy (INSP) which - according to the original RNS - featured an array of attractions including Zak Mir - who was laughably described as the UK's favourite technical analyst, which Nomad signed off on that crap? - and a chance to quiz FD Nilesh Jagatia. Oh goodie goodie thought a number of folk from the Teather (TEA) shareholder action group who would like to ask Nilesh about how he has trainwrecked their company and if he condones blackmail?

An Evening with a snake and a hooker c/o Inspirit

Published 326 days ago

It is good to see that Inspirit Energy (INSP) is spending the £750,000 from the bailout financing of last month wisely. Canapes and stockmarket hookers all round.

Tom Winnifrith Bearcast: Saying the unsayable - Advanced Oncotherapy is surely a massive sell

Published 328 days ago

You can't be critical of shares in companies that are fighting cancer or of ones beloved by Bulletin Board Morons and Malcolm Stacey. Yes I can! Sorry but shares in Advanced Oncotherapy (AVO) are surely a stonking sell. Then I cover PCG Entertainment (PCGE), and with reference to Teathers (TEA) I look at Boxhill (BOX) which will go to zero one way or another. I have a few comments on Highlands Natural Resources (HNR) but flag up that I am penning a piece tomorrow

Teathers - Nomad quits, cant get accounts out on time - Directors must be fired at GM

Published 328 days ago

Shares in Teathers Financial (TEA) were set to be booted off the AIM Casino as of Monday for failing to implement its investment policy. The crowd thought it was all over...it is now! With a spectacular hat-trick of own goals Jason "Geoff Hurst in reverse" Drummond has handed victory to his, many, critics.

BREAKING: Teathers waters down its attempt to blackmail its own shareholders, lies from Olly Fattal exposed: sack the board

Published 334 days ago

Yesterday I exclusively revealed HERE that Teathers Financial (TEA) had told rebel shareholders that if they did not withdraw an EGM request to sack the board, a mystery £1 million investor would walk. Teathers boss Oliver Fattal gave the rebs until 3 PM to pull the request. They declined. Today Teathers has changed its tune. That on its own tells you the board are worse than poltroons and should be fired. I now publish Olly's email.

Exclusive: Teathers Financial tries to bully its own shareholders - they stand firm: the board will be sacked!

Published 335 days ago

I have obtained emails that show clearly how the board of Teather's Financial (TEA) have tried to bully dissident shareholders into not ousting the directors who are culpable as it gets slung off the AIM. The bullying has not worked. The board will be sacked.

EXCLUSIVE Teathers Financial – shareholder action group to requisition EGM on Wednesday to sack board

Published 344 days ago

This Wednesday shareholders in Teathers Financial (TEA) plan to requisition an EGM to seek replacement of the board, we can reveal. With the company facing imminent delisting for failing to fulfil its investment policy, shareholders are left with two options. They can either back the old board to deliver its mystery £1million investment into the private company or they can back the action group to salvage what value it can from the wreckage of the PLC.

Teathers Financial - today's RNS means shareholders MUST SACK THE BOARD NOW!

Published 360 days ago

Tomorrow at UK Investor Show the Teathers shareholder action group will be manning a stand all day wanting to make contact with anyone owning any shares in Teathers Financial (TEA). Make sure you go and make contact as this company's board must be sacked NOW after another disgraceful RNS.

Teathers Financial - piss poor update, apologies but this looks grim

Published 362 days ago

Tom Note: This article appeared under the HotStockRockets name but I wrote it and would not want anyone thinking this was not my view.  Off we go...Shares in Teathers Financial (TEA) remain suspended and will be booted off AIM on 4 June if no RTO takes place or if it cannot convince AIM that it has implemented its investing policy ( which it won't). It looks grim. The latest update states:

Tom Winnifrith Bearcast 20 April - Dealing with Oakley's latest deposit

Published 369 days ago

You may say that Oakley's latest deposit and Teather's Financial (TEA) have a lot in common. I cover both in this podcast apologising and dishing out blame for the latter at least. I also cover 88 Energy (88E) and Great Western Mining (GWMO) which is also a total piece of Turkish. I look at Tertiary Minerals (TYM) and also cover PGC Entertainment (PGCE).

Teathers Financial – a pitiful RNS brings this sorry tale towards a close

Published 370 days ago

Teathers Financial (TEA) has been a shocking stock for a long time now for a whole number of reasons but yesterday’s RNS appears to bring the finishing line of this debacle ever closer.

Etaireia Investments – Oli’s back in the game

Published 422 days ago

A couple of recent announcements from ISDX-listed Etaireia Investments (ETIP) got me fuming about the age-old topic of management greed but they also tell a tale of persistence and patience paying off for Oli Fattal.

Tern – when is an investment company not an investment company?

Published 446 days ago

Continuing my look at the world of investment companies, I look at one key aspect of the new rules, namely where an investment company has taken on a controlling stake in an investment, in the context of Tern plc (TERN). 

Video: Jason Drummond Teathers Financial at Gold & Bears - November 28 2015

Published 501 days ago

In light of subsequent events, the suspension of trading on AIM in shares of Teathers Financial (TEA) I am sure that this video of Jason Drummond will be of some interest to many.

Teathers Financial - Suspended but far from out

Published 507 days ago

There have been deranged comments all day coming from Del Boy Lenigas apologist and diehard LGO Energy (LGO) shareholder Wilrides suggesting that the suspension of shares in Teathers Financial (TEA) means wipeout. As you would expect from an LGO shareholder he has got it all wrong.

Zak Mir's Great Request Show: Teathers Financial, Tethys Petroleum, Tracsis

Published 509 days ago

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares in Teathers Financial, Tethys Petroleum and Tracsis, serving up share price targets for all three stocks.

Zak Mir Bulletin Board Heroes: Armstrong Ventures, Berkeley Energy, China New Energy, Kefi Minerals, Teathers Financial

Published 519 days ago

Featuring shares in Armstrong Ventures (AVP), Berkeley Energy (BKY), China New Energy (CNEL), Kefi Minerals (KEFI), Teathers Financial (TEA), together with some share price targets.

Zak Mir's Great Request Show: Manx Telecom, MX Oil, Teathers Financial

Published 530 days ago

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares of Manx Telecom (MANX), MX Oil (MXO), Teathers Financial (TEA) and offer some share price targets.

Zak Mir's Bulletin Board Heroes: Anglo Asian Mining, Hague & London Oil, Oilex, Quadrise Fuels, Teathers, Victoria Oil & Gas

Published 562 days ago

Featuring shares in Anglo Asian Mining (AAZ), Hague & London Oil (HNL), Oilex (OEX), Quadrise Fuels (QFI), Teathers (TEA), Victoria Oil & Gas (VOG) with share price targets for all.

Zak Mir's Bulletin Board Heroes - Metal Tiger, Ncondezi Energy, Stratmin Global, Sefton Resources, Teathers Financial, Wildhorse Energy

Published 581 days ago

Featuring shares in Metal Tiger (MTR), Ncondezi Energy (NCCL), Stratmin Global (STGR), Sefton Resources (SER), Teathers Financial (TEA), Wildhorse Energy (WHE), together with some share price targets.

Zak Mir's Bulletin Board Heroes - BMR Mining, Castleton Technology, New World Oil & Gas, Quindell, Teathers Financial, Water Intelligence

Published 588 days ago

Featuring shares of BMR Mining (BMR), Castleton Technology (CTP), New World Oil & Gas (NEW), Quindell (QPP), Teathers Financial (TEA), Water Intelligence (WATR), together with some share price targets.

Zak Mir's Bulletin Board Heroes - Caza Oil & Gas, Daniel Stewart, Goldplat, Kibo Mining, Teathers Financial, W Resources

Published 594 days ago

Featuring shares in Caza Oil & Gas (CAZA), Daniel Stewart (DAN), Goldplat (GDP), Kibo Mining (KIBO), Teathers Financial (TEA), W Resources (WRES)

Bonfire of the bad Nomads – Cenkos and Beaumont Cornish

Published 616 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.

Zak Mir's Bulletin Board Heroes - Amur Minerals, Clean Air Power, IGas Energy, Range Resources, Teathers Financial, Tern

Published 623 days ago

Featuring a look at the shares of Amur Minerals (AMC), Clean Air Power (CAP), IGas Energy (IGAS), Range Resources (RRL), Teathers Financial (TEA) and Tern (TERN), with share price targets for each.

Zak Mir's Bulletin Board Heroes - Bacanora Minerals, Greatland Gold, Landsdowne Oil & Gas, Sirius Minerals, Teathers Financial, Tern

Published 634 days ago

Featuring Bacanora Minerals (BCN), Greatland Gold (GGP), Landsdowne Oil & Gas (LOGP), Sirius Minerals (SXX), Teathers Financial (TEA), Tern (TERN)

Teathers Financial is a highly speculative Buy

Published 692 days ago

Teathers Financial (TEA) has gone from being one of the most talked about and hyped AIM shares to virtually forgotten in just a few weeks!

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