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.

Clean Air Power shares suspended; the final crap from CAP on its way?

By Steve Moore

12 August 2015 04:40

More:

Following a 3:33pm “trading update” in June I warned that Clean Air Power Ltd (CAP) was urgently scrambling around for funding options and on its track record - 'having been founded in 1991 and spent around £50 million in developing the technology, Clean Air Power remains all about the potential to deliver significant value – having still not delivered any’ and executive greed (see HERE and HERE). The shares have now been suspended from trading on AIM “pending clarification of its financial position”…

Already a member? Sign in

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 13 year archive

• ShareProphets Daily Newsletter

Cancel any time

This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.

Comments

wildrides

12 August 2015, 05:06

Crikey ……………… that is some pay bill for achieving feck all . Corporate greed at its worse . Karma is coming for you Mr Pettitt . I have spoken to the masters of the universe and they agree you will receive due diligence from them and Karma will then be enforced upon you until such time as the one sided balance from your greed is restored to equilibrium . Sleep well …….. dont have nightmares.