By Tom Winnifrith | Wednesday 21 December 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.
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.
You will be reading a lot more about Fatty on this website over Christmas and also I hope to have a quite devastating revelation about one of the key Teathers players which I was thinking of breaking on Christmas Day. Watch this space.
So what is Fatty listing? I have it well sourced that he is assisting with an ISDX lobster pot application for Gametech, a vehicle of Teathers' boss Jason Drummond.
I am sure that the prospects is going to be jolly detailed. Just like Fatty's seminal work, the prospectus of New World Oil & Gas which failed to mention the fact that the CEO was deemed a flight risk by US Courts for defaulting on a $550,000 loan needed to buy a new yacht. Fatty is not known as London's worst Nomad for nothing.
So what fact might Fatty leave out about Gametech? Well how about the lawyers letters threatening legal action from a punter who invested c£1 million last year and claims that he was promoised an AIM IPO within four weeks and was also the victime of a series of other alleged mis-representations? No doubt Fatty has seen the full correspondence and will be flagging it up in the prospectus? No? Whaddya mean Fatty?
The man who made Teathers what it is today and Roland "Fatty" Cornish and a company on the ISDX lobster pot. What a fecking wet dream for we investors! Where do I invest my life savings? NOT!!!!!
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