Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

More evidence of the cash crisis at Quindell – Maine Finance Ltd stops taking leads

By Tom Winnifrith

6 February 2015 08:28

More:

Quindell (QPP) now exists only because its banks have not pulled the overdraft. Each week a new crisis emerges as it struggles to pay all its bills. Reports are now coming to me from all over this creaking fraud showing how desperate things are. Today: Maine Finance Ltd.

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Comments

TraseEntranceOnly

6 February 2015, 09:17

Tom, thank you for another investigative piece about my one time love, Quindell (we fell out of love last year). I’m fairly new to the world of trading and have just a couple of years under my belt, so please excuse this perhaps naive question – Please can you enlighten me as to why, if your articles are correct, or at least carry weight enough to create a reasonable doubt about the validity of Quindell’s business ventures, why the SFO or other appropriate bodies are not going in with all guns blazing?
Peter

7 February 2015, 05:03

Because Tom Is constantly accusing the company without delivering evidence, nor any of the institutional market participants or the regulator Is taking him serious.
Tom Winnifrith

7 February 2015, 09:41

Peter

I have delivered stacks of evidence whch is why both the SFO and FCA ARE investigating. Also why the shares are 90% + off their highs.

Enjoy poverty moron

T