By Tom Winnifrith, The Sheriff of AIM | Saturday 21 January 2017
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.
After hours yesterday there was another announcement from Strat Aero (AERO), the AIM listed company that has committed fraud and is now just 25 days from running out of cash and going bust with debts of £300,000. It seems that Hulsey Smith, the US businessman who exposed the fraud at the heart of Strat last spring, has dumped another 11 million shares and now has just 7.5 million left.
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