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.
In today's podcast I reflect on all the moron comments on Bulletin Boards every time Ive been threatened with legal action by crony capitalists or outright crooks. I forgot to mention Angus Forrest of Tern in that list but it did not work out to well for him just like threats from Globo, Range Resources, blinkx, Quindell, Cupid, Sefton, TXO and now Worthington as well as the clowns in charge of the LSE Asylum all ended up badly for them. Get used to it folks, I pick my targets carefully and I win! I then have a shock revelation about TXO before going on to discuss eServGlobal, Rosslyn Data, Mosman Oil & Gas and more.
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Comments
DUCK AND DIVE
Thank you. Good to hear you back to your best.
drunken sailor
Even more shocking re TXO is the explanation of why he turned it down. Posted on ADVFN and this is a direct quote – the poster is NOT me and I do not know who it is, but what he / she says certainly makes a lot of sense:
“truth_hurts_2105 24 Mar’15 – 02:12 – 7502 of 7509 7 0
TB’s greatest fear is that of exposure. I don’t think he’s driven as much by ego (although that is a HUGE factor) as he is by FEAR.
Nobody knows where all the money and shares actually went in the various “deals” he and his fellow felons have put together over the years. Sure, the director fees, perks, and “retirement funds” have been amazingly lucrative for someone who’s failed to generate any revenues at all, but it is my belief that the REAL money is made on phantom transactions with offshore entities.
If he loses control of his companies, if he loses access to information about any legal or accounting searches through the company records to see who has actually benefitted from these transactions, he knows he is in serious trouble. He has built a house of cards, and he absolutely depends on controlling access to the information used to create that house.
FF may differ, but I don’t believe he is a dolt who was taken in by Malcolm Bendell in TOG. I don’t for a moment believe Tim Baldwin was “taken in” by another conman, and wasted TXO assets on a failed vision from a raving lunatic. It is my belief that he and Bendell had a beneficial partnership, used to launder funds from their various criminal transactions through a multiplicity of offshore and almost untraceable transactions. They shared a crooked accountant, Mark Callaway, who “worked” at RAM, Silk Road, East African Oil, Frontier Mining , and EEGC. They had a common interest and a common bond, and hoped to use their various frauds to compliment and support each other. See, in addition to TOGL and TOG, the Coleridge Resourses “deal” whereby Malcolm Bendall and the TXO crew tried to turn a defunct and stolen empty shell company into a 35 million payday using nothing other than a few sham transactions and press releases.
They currently share and have the active support of a deeply crooked and nearly bankrupt lawyer in constructing these transactions.
They didn’t, and don’t, care whether TOG (or Athabasca, or OTR, or ORS, or GBG, or even TXO) live or die. They are simply conduits to funnel shares and cash. If those shells collapse (sorry, WHEN they collapse) they will be replaced by other front companies and the fraud will continue.
He is a criminal who fears exposure. A sociopath, a liar, a fraud. That’s the simplest explanation”
shaun
Cant believe Tom let Motive TV off the hook today! Was sure theyd get a battering….
wildrides
Looks to me like the EMED temporary lenders are going to call the loan in on 31st march 15 and steal the asset from shareholders , as per BHR and all the others ……….. views please ?