Thursday 23 February 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


When Will Worthington die in the snows of Greenland? It is looking grim.

By Tom Winnifrith, The Sheriff of AIM | Sunday 6 March 2016


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.


The farce at the fraud that is Worthington (WRN) continues and it looks as if it will be in the snows of Greenland that the final rites are read. Things are moving fast.

Worthington's first involvment in Greenland came with a company run by a Mr Patrick Newman, GREP, which farmed into an asset owned by Nuna Minerals, a Danish listed company which is effectively now bust. Worthington claimed to own 51% of GREP but as I revealed HERE more than a year ago that was just another RNS lie from Doug Ware et al because the old Mother did not actually hand over cash to GREP as it was meant to under contract.

The bankruptcy of Nuna has caused further problems. To overcome this Mr Newman set up a new company Greenland Mining Management (GMM) on January 27 2015 which has been negotiating to clear Nuna's debts and buy the company. The idea was that if Nuna cleared the debts it would end up with an 85% stake in Nuna which would the relist in Denmark. At that point Worthington would then be reversed in. Hey presto.

As you can see the Annual Return is overdue and company filings are a tad limited

But I gather that what is not revealed here is that a) GMM does not have a bank account b) payments made by "it" to to date have in fact been made directly by Mr Allan Biggar of Worthington infamy from his own account and that c) Mr Biggar has joined the board. The understanding I have is that when ( or rather if) GMM finds itself owning 85% of the issued shares in Nuna, those shares will be transferred to Mr Biggar in lieu of his debts being repaid and thus he will be in control of Nuna. Hmmmm.

Photo from the Arctic Journal

If you look at this picture of the last Nuna company meeting you can see Mr Newman (front row on right no hair) but on the left in the front row there is another familiar face (middle man in suit) Mr Aiden Earley. Can Worthingtonologists spot any other familiar faces in the audience?

And while we are on this subject where did Mr Biggar get all this money (so far he has transferred in several hundred thousand quid) given what happened to his last company (see HERE)?

One suspects that this is not going to end well and when it collapses all those involved at the time will have alot of questions to answer.


Filed under:


Never miss a story.




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.


More on WRN


Comments

17 comments

  1. I thought that I recognised that podgy belly of James Holmes, not sure its him though. Maybe his brother
    https://twitter.com/MertonTories/status/482870295356010496

  2. More to the point TW – who is the greedy fat duplicitous prick with the pink tie sitting beside him. I’m sure that you must recognise him.

  3. Well, this bunch have made a few miill offloading Worthington stock in 2014, so have a bit if dough at their disposal. Don’t think Ryanair fly to Greenland. Is Fuckwit hinting that is Doug Ware?

  4. Former Nunaminerals Chairman, Birks Bovaird is the guy with the pink tie sat beside banned director, former bankrupt, prize Ars*hole Aidan Earley in the front row of seats on left hand side of the picture. Birks looks like he has fallen asleep. Clearly doesn’t give a cr*p anymore, knows there is no hope of Nuna surviving, hence letting the criminal rats in to play to take the sinking ship down without him on board.

    http://sermitsiaq.ag/se-billeder-naalakkersuisuts-nunaminerals-forslag-afvist

    (Note guy in grey jumper and black jeans with trainers on left of first picture at this link, sat next to Birks and possibly Newman. Seems to be enjoying a good old bit of bogey-mining. Maybe an unfortunate creditor about to get double screwed – hopefully flicked the snotty jewels he pulled out on to Earley’s jacket. Maybe that’s what Worthington is going to make millions from without any cash, fresh arctic nasal mucas from frozen, inhospitable, inaccessible and uneconomic but beautiful Greenland).

    White haired ugly ar*ehole with white shirt and blue tie, smug grin, second row from front, also on far left, directly behind Aidan Earley, (in more ways than one it seems) looks like old fat b*stard Allan ‘Bullshit’ Biggar himself. Be good to see the smile wiped of his crooked creditor-despised smug-ass-fat-face next week.

    https://www.ipra.org/news/itle/a-very-un-british-election/

    Who’s the bloke sat to the other side of Aidan Earley, in front of Biggar, wearing white shirt, no tie tho?

    Doubt Oleg Schkoda would have been there …does Doug Ware really exist?

  5. Former Nunaminerals Chairman, Birks Bovaird is the guy with the pink tie sat beside banned director, former bankrupt, prize Ars*hole Aidan Earley in the front row of seats on left hand side of the picture. Birks looks like he has fallen asleep. Clearly doesn’t give a cr*p anymore, knows there is no hope of Nuna surviving, hence letting the criminal rats in to play to take the sinking ship down without him on board.

    http://sermitsiaq.ag/se-billeder-naalakkersuisuts-nunaminerals-forslag-afvist

    (Note guy in grey jumper and black jeans with trainers on left of first picture at this link, sat next to Birks and possibly Newman. Seems to be enjoying a good old bit of bogey-mining. Maybe an unfortunate creditor about to get double screwed – hopefully flicked the snotty jewels he pulled out on to Earley’s jacket. Maybe that’s what Worthington is going to make millions from without any cash, fresh arctic nasal mucas from frozen, inhospitable, inaccessible and uneconomic but beautiful Greenland).

    White haired ugly ar*ehole with white shirt and blue tie, smug grin, second row from front, also on far left, directly behind Aidan Earley, (in more ways than one it seems) looks like old fat b*stard Allan ‘Bullshit’ Biggar himself. Be good to see the smile wiped of his crooked creditor-despised smug-ass-fat-face next week.

    https://www.ipra.org/news/itle/a-very-un-british-election/

    Who’s the bloke sat to the other side of Aidan Earley, in front of Biggar, wearing white shirt, no tie tho?

    Doubt Oleg Schkoda would have been there …does Doug Ware really exist?

  6. Former Nunaminerals Chairman, Birks Bovaird is the guy with the pink tie sat beside banned director, former bankrupt, prize Ars*hole Aidan Earley in the front row of seats on left hand side of the picture. Birks looks like he has fallen asleep. Clearly doesn’t give a cr*p anymore, knows there is no hope of Nuna surviving, hence letting the criminal rats in to play to take the sinking ship down without him on board.

    http://sermitsiaq.ag/se-billeder-naalakkersuisuts-nunaminerals-forslag-afvist

    (Note guy in grey jumper and black jeans with trainers on left of first picture at this link, sat next to Birks and possibly Newman. Seems to be enjoying a good old bit of bogey-mining. Maybe an unfortunate creditor about to get double screwed – hopefully flicked the snotty jewels he pulled out on to Earley’s jacket. Maybe that’s what Worthington is going to make millions from without any cash, fresh arctic nasal mucas from frozen, inhospitable, inaccessible and uneconomic but beautiful Greenland).

    White haired ugly ar*ehole with white shirt and blue tie, smug grin, second row from front, also on far left, directly behind Aidan Earley, (in more ways than one it seems) looks like old fat b*stard Allan ‘Bullshit’ Biggar himself. Be good to see the smile wiped of his crooked creditor-despised smug-ass-fat-face next week.

    https://www.ipra.org/news/itle/a-very-un-british-election/

    Who’s the bloke sat to the other side of Aidan Earley, in front of Biggar, wearing white shirt, no tie tho?

    Doubt Oleg Schkoda would have been there …does Doug Ware really exist?


  7. Front row extreme right

    Another fat cat with a face only his mother could love… David Winduss.

  8. There is a picture of Sunday School Teacher & communion assistant at St Mary’s Church Councillor James Holmes on Merton Conservatives website.Perhaps the pictures of the two podgy men in question can be compared.Do you think podgy is reading Luke Ch 15 V1-7 on his phone?
    Reading Holmes biog those that have lost money in the numerous failed enterprises he has run perhaps should apply to the Meals on Wheels service he apparently runs.The business bit is also amusing what Stock Exchange listed firm that he is apparently still running is referred to?Oddly sounds more like Worthington than now failed Merchant House Group plc or no longer listed Europasia Education Plc.


  9. So the only one...

    …we haven’t been able to positively ID so far is The Spray Tan Kid far left. Any ideas anyone?

  10. https://nunaminerals.wordpress.com/lies-about-quilter-cheviot-and-investec-interests-in-gmm-from-may-to-sept-2015/

    Seems the nunaminerals.wordpress.com site has picked up on some potentially naughty untruths from amateur miners / semi-professional liars in the Worthington camp thanks to the wonders of Internet archives!

    Fairly convincing evidence about some serious Biggar/Newman porky pies being spun last year that starts off like this:

    “Lies about Quilter Cheviot and Investec interests in GMM from May to Sept 2015?

    The two-page Greenland Mining Management website has gone offline. However (thanks to web.archive.org) time-stamped archive copies of the GMM homepage now reveal a significantly misleading statement prominently made by GMM about institutional investors between at least May and September 2015.

    Published in two languages, the information clearly sought to attach credibility to GMM.”

    Full pages of info here – https://nunaminerals.wordpress.com/lies-about-quilter-cheviot-and-investec-interests-in-gmm-from-may-to-sept-2015/

  11. caption competition

    I’ll start then

    This caption could be attributed to any of the fat dishonest pricks in the picture and baldy liars are not excluded either.

    “ For god’s sake guys, How long does it actually take to hoodwink a bunch of morons from Greenland?. I really need to sell these worthless shares to the eejit mugs so that I can get my next yacht”


  12. Has Steven Beharrell been fired from Fasken Martineau as a result of WRN / Nuna fraud? Any idea who the 'Spray Tan Kid' is yet?

    Dear Tom

    Looking at the fat and mainly grey fraudsters sat in on the Nunaminerals sham AGM, Steven Beharrell could of have been in the frame for gracing the event with his dignified, grey-haired legal presence. He had of course naively pimped his senior position at distinguished legal firm Fasken Martineau in the interests of Aidan Earley, Craig Whyte and Patrick Newman in return for a fistful of what are now clearly worthless WRN Golden Tickets!

    Interesting to note that, since the first week of March and the time of this article, Fasken seem to have removed from the web any trace of Steven Beharrell, their esteemed Anti-Bribery & Corruption counsel (oh the irony). Google still have his profile in the cache of the Fasken website from March 4, but he is now ex-Fasken, if their website is anything to go by.

    Maybe Beharrell is now full time Corruption specialist in-house at Worthington?

    And what about the spray tan kid in the corner – any ID on him yet?

    Ulluqattiarit as we say in Nuuk.


  13. The Spray Tan Kid

    The Spray Tan Kid is Darren Chapman.

    It appears he got into a bit of bother on a recent trip out East. Or was he just trying to boost his credentials for a seat on the Worthington / Nuna Board?

    https://www.stickboybangkok.com/news/british-man-arrested-for-theft-at-phuket-airport/


  14. DYNAMITEDAZZA

    One of the Morons In Chief over at the LSE Asylum. His last post in December mentioned having ‘been to places hot and cold’ and in the last week we’ve seen pictures of him in Thailand and Greenland. I wonder what the SFO will find when going through his computer.

  15. Darren Chapman and Aidan Earley go back a long way – remember the mystery £250k Banstead loan from Rangers that never made it to the club? Cough

    Darren Chapman is also no stranger to being arrested. Seems he is happy to lie to the Police and cheat a local sports club (Woodmansterne Sports Club, funded and run by volunteers) in order to make a few quid for himself whilst degrading the facility for everyone else. Wonder if he ever got a CRB check done whilst charging parents £7 each for a coaching session? Just like Worthington Group PLC the rules don’t apply to Darren Chapman.

    Darren Chapman was exposed by The Sutton Guardian in July 2009 where he admitted lying about his previous claims to the paper that he was not running a commercial operation at the expense of a charitable organisation:

    “Our newspaper reported how football coach Darren Chapman, 42, from Carshalton, said he felt harassed by Reigate and Banstead Council after he was told he should not train children at Woodmansterne Recreation Ground.

    But although Mr Chapman had previously claimed he was just “having a kick around with the children,” he admitted today he receives money for it.”

    http://www.thisislocallondon.co.uk/news/4514191.Father_charging_children_for_football__kick_around__sessions/

    Phil Wells, chairman of Woodmansterne Sports Club, said:

    “[Darren Chapman] brings 30 kids a night, four nights a week and it’s wrecking our grounds that we work so hard to keep … We do believe he is running a business and using the grounds that our members pay to maintain without permission.”

    http://www.surreymirror.co.uk/Banstead-aim-stars/story-12659662-detail/story.html

    http://www.dailyrecord.co.uk/sport/football/rangers-in-crisis-craig-whyte-said-858134

    Chapman’s rogue approach to doing business based on freeloading, aggression, lies, cheating – and clearly an interest in messing around at playing football manager / coach at other people’s expense – is summed up by a Woodmansterne Sports Club volunteer commenting on the Guardian newspaper website:

    http://www.yourlocalguardian.co.uk/news/4481860.Football_coach_arrested_after_picnic_protest_threat/

    “mashala 10:49pm Thu 9 Jul 09
    You seem to have been spun a real yarn by Darren Chapman. He gives the impression that he was just at Woodmansterne Sports Club having a kick about with a few children, who were then left alone when he was arrested.

    Mr Chapman is at the Sports Club four nights a week, usually with 20 or more young children, and coaching equipment. He appears to be running a business. Usually there are some parents around, so it would be surprising if there were none when he was arrested. The Sports Club has a football section – Mr Chapman has no connection with this.

    It is now the cricket season. All the managers and coaches at the Cricket Section of the Sports Club are CRB checked to make sure that they are fit people to work with children. All the coaches are qualified to England and Wales Cricket Board standards, and carry ECB Coaches Association insurance. The Sports Club carries insurance. The club maintains strict coaching ratios, usually about 1:8. The ground is rented from the Council by the club, the equipment to maintain the ground is bought by the club, and club volunteers spend huge amounts of time maintaining the ground.

    Mr Chapman appears to be running a business, but makes no contribution to running the club or maintaining the grounds – he makes a profit at the expense of the subscriptions and hard work of others. Parts of the playing area are worn because of his intensive use of them night after night. Is he CRB checked? Does he maintain correct coaching ratios? Is he insured? Is he a qualified coach? He may be, but since he has come on to the club property without the permission of the club or the Council, no-one knows, nor is there any way of checking.

    He makes out that his activities are harmless. I have spoken to him in the past to point out that we are playing with a hard ball, and that the children under his ‘supervision’ may be injured. He assured me that they would be off the ground by the time the match started (6 p.m.) (There are league cricket games and colts practice sessions every night of the week). Tonight, for example, he was leading a session just outside the cricket boundary until gone half past seven, despite the fact that 6 sixes and 16 fours were hit. Had one of those small children been injured I am sure that Mr Chapman would not take responsibility, but would expect the Sports Club to pick up the tab for unauthorised activity which puts children in danger because he refuses to co-operate with the Club, let alone pay a fair share of the facilities he uses.

    I know that colleagues have found Mr Chapman’s behaviour aggressive and threatening.
    Would I let a seven year old of mine train with someone about whom there are all these unknowns? Would you?”

    Chapman fits the Worthington shadow directors, fraudsters, chancers profile well.

    Chapman / Dynamite Dazza on LSE is clearly a moron with an agenda as a WRN insider shareholder. He talks about The Party Bus – Darren Chapman’s business is The Bus Club Ltd – in the Banstead articles as well as here on LSE:

    http://www.lse.co.uk/member-info.asp?page=1&nick=Dynamitedazza

    https://beta.companieshouse.gov.uk/company/05347911

    http://www.thebusclub.com/About-Us.html

    He’s been in trouble for operating those buses illegally / unsafely as well:

    https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/399924/np-2321-30-january-2015.pdf

    Section 5.1 – Notice of Public Inquiries to be Held
    12
    Public Inquiry (49938) to be held at Court Room(SEMTA), Ivy House, Ivy Terrace,
    Eastbourne, East Sussex, BN21 4QT, on 24 January 2015 commencing at 14:00(Previous
    Publication:(2321)
    )
    PK1088660 SN
    THE BUS CLUB LTD
    Director(s): DARREN CHAPMAN.
    15 OAKHURST RISE CARSHALTON SM5 4AG
    PSV – S17 – Consideration of disciplinary action under Section 17 (The Public
    Passenger Vehicles Act 1981)
    PSV – Sch.3 – Consideration of Transport Managers Repute under Schedule 3 (The
    Public Passenger Vehicles Act 1981)
    PSV – S28 – Consideration of disciplinary action under Section 28 (The Transport Act
    1985)

    Darren Chapman, also arrested for theft in Thailand in 2016, appears to be a liar, cheat, thief, rogue that fits perfectly with the Craig Whyte, Aidan Earley, Allan Biggar, Richard Spurway, Ross Iannello, Steven Beharrell, David Winduss criminal crew plan to strip assets from bankrupt Nunaminerals at the expense of the Greenland Government and innocent creditors. Was Nick James of the Great British Entrepreneur Awards rip-off and multi-phoenix Fresh Business Thinking Ltd operations there too?

  16. Please correct your spelling Tom Winnifrith. ALLAN vs ALAN.

    Retired company Director ALAN Gordon Biggar, formerly of Brewin Dolphin, is a patron of the Teenage Cancer Trust. A generous, charitable, slim retired gentleman who drives a vintage Morgan sports car raising hundreds of thousands of pounds for TCT with no interest in any commercial ventures.

    http://www.dailyrecord.co.uk/news/local-news/alan-motors-zoes-memory-2535718

    ALLAN Ramsay Biggar of Worthington Group PLC and Greenland Mining Management Ltd appears from this website to be an overweight, selfish individual with a dubious track record of business failure and debts and a number of dodgy associates!

    In anticipation of you making corrections and/or publishing this comment or a clarification, thank you.


  17. philloshitoe

    Tomorrow is booooooooom day! All you Worthington doubter shorters will be sizzle sizzle sizzle.
    Ha ha ha ha ha!


Enter your comment below. Fields marked * are required. You must preview your comment first before finally posting.




Site by Everywhen