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A Letter to Marcus Stuttard and AIM Regulation – suspend Andalas now and stop the bailout placing

2018-09-02 13:20:02

Almost out of cash, Andalas Energy (ADL) is gearing up for a bucket shop placing c/o joint bucket shop brokers Novum Securities & Optiva in the usual way: a ramptastic podcast with PR genius Steffi, 2 ramptastic RNS announcements and a ramptastic paid for podcast with Vox.  The trouble is that its claims have now been directly contradicted by its partner in the North Sea Badger field, Atlantic Petroleum (see HERE). If it turns out that Andalas was making unverifiable fantasy claims, as it appears, and raises money at an artificial price on the back of that, this would be a clear case of Securities fraud. In order to stop that the shares must be suspended at once pending a statement.  I have written to the fake Sheriff of AIM, Marcus Stuttard at AIM Regulation as you can see below.

I have to wonder how Andalas intends to fund any actual work at its new licences

2018-08-30 07:27:20

Andalas Energy (ADL) has undergone a change of management and has also switched its asset focus in an attempt to turn things around from the disaster it has been ever since it changed its name from CEB Resources back in late 2015.

Is Andalas over-egging the Badger pudding? Another pre placing ramp exposed

2018-08-22 09:10:47

I do not wish to fall out with my pal Brokerman Dan or with PR Genius Steffi but I think that their enthusiasm for Andalas Energy (ADL) is misplaced because the company is just not being 100% upfront with investors about its new great hope, the Badger prospect in the North Sea.

Andalas – The greed of scum City advisers laid bare as another post ramp bailout placing announced

2018-07-11 07:28:44

That insolvent Andalas Energy (ADL) is undertaking a placing is no shock. It is insolvent with negative net current assets of  at least £400,000 but thanks to some fairly sordid share ramping it has managed to raise a gross £1 million at 0.02p. The ramping of shares in this company with worthless assets is pretty unpleasant but what is laid bare in the news is the sheer greed of City advisers notably brokers Novum – of Jon Belliss and Gavin “I made £750k from Globo - Burnell infamy – and Optiva.

The Four Questions that Andalas still will not answer

2018-05-20 02:48:46

Andalas Energy (ADL) is a company that even after its recent placing has NEGATIVE net current assets of $1-2 million and no assets of any value. I think it is worthless but its management wishes to meet me to explain why I am wrong. Hmmm. Well for starters I am a hermit who never goes to London other than for UK Investor and secondly I simply will not meet until the company answers four questions and it is still refusing. 

Monty Python explains the true value of Andalas & the 4 questions it must answer NOW!

2018-05-02 02:10:04

I was told last night by the PR spinner to Andalas (ADL) that I should be asking about its new focus in the North Sea, how it will build value, yadda, yadda, yadda. FFS This company has no assets of value, it is burning stacks of cash every day and has NEGATIVE Net current assets of up to $2 million, even after the £600,000 placing on Monday - what don't you understand about the words "FECKING INSOLVENT" darling? I leave it to Monty Python to explain the true state of Andalas below. Meanwhile here are 4 Burning questions it is not answering so I - and Brokerman Dan - will keep asking.

Breaking - worthless joke company Andalas Energy raising up to £1 million at 0.017p & junking Asian focus: statement needed at 7 AM

2018-04-29 13:32:00

With all the usual rampers including the infamous Big Gib, invited to participate, I can reveal that worthless piece of crap AIM Andalas  (ADL), currently 0.019-0.02p, is endeavouring to raise up to £1 million at 0.017p. Methinks there is now going to have to be an emergency RNS at 7 AM. For the story gets even more interesting...

Andalas, Alan Green's podcast and the shitty bottom end of AIM sleaze

2018-03-08 01:36:22

Andalas Energy (ADL) should be issuing a statement about its own solvency and other matters flagged up HERE. This company, as it stands, is insolvent. But this is AIM so instead....

Explosive letter sent to AIM Regulation re Andalas c/o Winnileaks - is it bust yet & what about the takeover panel?

2018-03-04 10:33:25

Thanks to our Winnileaks service we can bring you a letter sent to AIM Regulation this week regarding Andalas Energy (ADL) the AIM listed POS which is almost certainly insolvent. The letter is detailed and is below:

Andalas - what it did not flag up in yesterday's results: its 3 months from tits up time!

2017-11-01 03:48:53

Yesterday I pointed out that Andalas Energy (ADL) was almost insolvent and that house broker Beaufort was in denial. But now let us turn to something which Nomad Cantor Fitzgerald somehow thought it apppropriate to omit. Sarah Wharry at Caantor you should be ashamed and if/when Andalas goes tits up you may well get sued just as your firm is over its negligence at the African Potash (AFPO) fraud.

Andalas - read the notes - it's bust & its house broker Beaufort is in denial

2017-10-31 08:00:46

Andalas Energy (ADL) has today announced the departure of its, once greatly hyped, chairman Paul Warwick. How will we live without his blog? It has also served up a set of accounts which show that it is without doubt completely and utterly insolvent. If, like its house broker Beaufort whose comment to clients today is a disgrace, you can't read a balance sheet, the notes to the accounts make that 101% clear to all.

The Andalas Dilemma: Shareholders are caught between the Devil and the Deep Blue Sea

2017-09-04 00:25:09

The only real question at AIM Casino uber dog Andalas Energy (ADL) is who exactly is the devil? On the one hand there is the incumbent board led by disgraced Dave Whitby and on the other hand you have a shareholder action group set up by the colourful Brokerman Dan (Levi). In the old days of the Troubles those prisoners in Northern Ireland who were not operating alongside fellows such as the blood stained murdering bastard Gerry Adams, were referred to as "ordinary decent criminals" or ODCs.

Andalas Energy: Open letter to FCA & AIM Regulation - Market Abuse & Breach of AIM Rules

2017-08-17 00:21:06

I am deeply troubled by events at AIM uber dog Andalas Energy (ADL) on Monday afternoon. This is a company that has form when it comes to breaking AIM Casino Rules but on this occasion it is the advisers at Cantor Fitzgerald, whose actions have alreday cost some folks 50% of their money, who should be hung, drawn and quartered. Sadly we have gone soft on crime but at least they should be clobbered by the FCA for market abuse and AIM Regulation for breaching AIM rules. I have sent a letter.

Andalas Energy you are scum - a day of shame for AIM from this worthless crap

2017-08-15 00:22:35

Andalas Energy (ADL) and its loathsome boss Dave "the rule breaker" Whitby represent all is worst about the AIM Casino. The company is worthless and its sole achievement has been an industrial scale transfer of wealth from the many to the few. Even by its own tawdry standards yesterday was a low point and it is a matter that I shall now be asking the authoriies to investigate as, blatant, market abuse. But first we must rewind to August 8.

Andalas - great news about the jam tomorrow, shares soar 45% but folks do know that it is bust don't they?

2017-08-08 05:31:34

Credit where credit is due. Andalas Energy (ADL) the AIM dog created to fund the lifestyle of Dave "Rule Breaker" Whitby has announced that it has signed a legally binding deal to develop the Jambi-1 30+MW independent gas-fired wellhead power facility in Jambi Province, Indonesia and to procure gas from Pertamina, the global fortune 500 national oil company. Andalas will have a 49% stake in the project and state owned construction outfit PT PP Energy will have 51%. So far so good but hang on Henry!

Andalas Energy pays 150% interest on loan extension - insolvency postponed for one month - placing ahoy?

2017-07-31 07:20:49

A year ago I thought that loans taken out an annualised rate of 30% such as that African Potash (AFPO) obtained from the fragrant wife of its hapless FD were a rum and coke. But that is nothing to the stunning admission today from Andalas Energy (ADL) - a loan repayable in one month at an annualised rate of 150%. Even by the standards of AIM Casino junk - Wowee.

How to lose more than 50% of your cash in 2 weeks - ask an Andalas owning moron: placing imminent? £550k Loan to be repaid by deadline today? er....

2017-07-28 06:25:11

Two weeks ago exactly AIM Casino listed crock of shit lifestyle company Andalas Energy (ADL) announced some more hot air and jam tomorrow news sending its shares spiking to a peak of 0.14p to buy as Bulletin Board Morons whipped themselves into a semi-orgasmic frenzy of innumeracy and filled their boots. Today the shares are 0.065-0.07p meaning that the paper loss for those buyers at peak moron is already 50%+. Time for a podcast with long term Andalas groupie and well known cardboard box resident Justin the Clown methinks? The bad news for Justin and the morons is that things can only get worse...

Andalas - the Neville Chamberlain of the AIM casino: placing ahoy

2017-07-17 04:59:44

I have in my hand a little piece of paper which means peace in our time said Andalas (ADL) boss Dave "the rule breaker" Whitby as he announced yet another great deal for his company. But like all the other pieces of paper that he has waved in front of his labotomised army of groupies led by cardboard box dwelling sheep shagger Justin the Clown, it is just a worthless piece of paper - just like an Andalas share certificate. Hat tip to Brokerman Dan for that joke.

Andalas raises £600,000 - which means net cash is less than ZERO - it's still bust & worthless

2017-05-23 00:34:23

With some great investigative journalism of which this website would have been proud, Brokerman Dan flushed it out a few weeks ago. The former bank robber - correctly - stated that Andalas (ADL) was looking to raise £1 million at 0.06p and the AIM listed crock of shit suspended its shares. Today they are unsuspended after the company raised £600,000 at 0.1p. It says this is at a premium to the suspension price. But it is a spoof, Andalas is still bust. It is insolvent as of today!

Well Done Brokerman Dan - Andalas suspended ahead of bucket shop bailout

2017-05-09 02:41:17

He gets much wrong, but I take my hat off to the old bank robber as he has got Andalas Energy (ADL) shares suspended today by revealing that it was trying to get away a bailout placing at 0.05p-0.06p. Dan has compared Andalas to " a crock of shit" but his assessment is unfair. Unfair on a crock of shit that is.

Andalas - ramptastic news: in case you forgot it needs £500,000 (which it hasn't got) by Friday

2017-04-24 00:18:41

Another day and another ramptastic "Operations Update" from Andalas Energy (ADL). Operations is a bit of a strong word as Andalas does not really have any. It should really have been "Jam Tomorrow" update but then again tomorrow suggests the jam may arrive which, given the track record of this dog, looks unlikely. What will arrive on Friday is a demand for £500,000 and as Andalas has sod all cash and is burning what it has at a rate of knots that is a bit of a problem. Oddly this is not mentioned in today's RNS.

Andalas - will it shortly have to kiss goodbye to its Tuba Obi East Farm In contract?

2017-02-28 01:14:59

Dog Andalas Energy (ADL) was readmitted to the AIM Casino based on the back of the Tuba Obi East Farm In as described in its AIM admission document of 27 April 2016:

Andalas train wreck results (it is bust) and possibly the most expensive death spiral in AIM history

2017-02-01 03:08:41

Andalas Energy (ADL) is bankrupt but pretends that it is a proper company. Anyone reading train wreck interims to October 31 2016 can only wonder why its directors have not been charged with trading whilst insolvent. It's a total rum and coke but it gets worse.

Andalas - the clock is ticking ahead of potential insolvency in April - how is the placing going?

2017-01-20 03:23:14

Pre Christmas the ramptastic stream of RNS statements, corporate presentations and interviews with homeless clowns told you all you needed to know: worthless Andalas Energy (ADL) was in full ramp mode as it prepared for a rescue bailout. Now, though most oil shares have risen sharply in recent weeks, Andalas stock is still just 0.12p to sell and is falling again today. So how is the £1 million placing it needs faring? 

Andalas Energy shares sliding again - time to fess up on the bailout placing

2016-11-23 08:06:45

Having last raised money at 0.2p earlier this year shares in Andalas (ADL) are sliding again and are now just 0.1p- 0.105p. Oh dear. It really is time for CEO Dave "the Rule Breaker" Whitby to fess up and admit that the placing is underway and, it seems, not going well.

Andalas Energy - placing discussions now underway: source

2016-11-18 04:23:49

I have pointed out a number of times in recent weeks that not only is Andalas Energy (ADL) really very close to the wire in terms of running out of cash but that it is also on a ramptastic promotional exercise which all adds up to placing ahoy! But now I have confirmation.

Justin The Clown Caption Contest Result - Drunken Sailor your entry is obscene

2016-11-08 06:53:00

With Andalas Energy (ADL) shares down again today as it heads for a massively discounted placing or insolvency, Justin the Clown's chances of moving out of the cardboard box look remote. But maybe he has also invested in Cloudtag which he has promoted enthusiastically. Cripes he may soon be evicted from the cardboard box at this rate. We asked you for captions to the scene of domestic bliss below for the Vox Markets podcaster HERE and I should warn you that Drunken Sailor's entry was er...extremely distasteful and hard to swallow.. The winner is....

Vox Markets podcaster, Justin the Clown Andalas Caption Contest

2016-11-06 04:56:00

In his infamous podcast with Dave "rule breaker " Whitby that got shares in Andalas (ADL) suspended, Justin the Clown fessed up that he owned so many of these shares that he'd be homeless if they did not go up. They have plunged from 1.3p back then to just 0.13p now and as the company hurtles towards bankruptcy worse is to come. As such we have an exclusive photo of Justin in his new home and invite you to supply suitable captions for it in the comments section below. Deadline midnight Sunday

Andalas: the 4th Ramptastic Announcement in 6 working days - PLACING AHOY

2016-11-04 02:24:57

Hey Justin the Clown if you want to average down in Andalas Energy (ADL) get out of the homeless shelter and open an account with Cornhill Capital because its placing ahoy time here. Not only is the company almost out of cash but its shares are slipping (now more than 90% down since THAT podcast) at 0.11p to sell. When shares slide after 4 ramptastic RNS statements in 6 working days, supplemented by the Clown ramping away at the Vox vipers nest of rampers, you know what is afoot. And so today we have some more non news dressed up as a world changing event.

Andalas Energy – A review of its accounts show how grim it is - insolvency looms

2016-11-01 02:15:32

On 31 October 2016 (the last day permitted for publication), Andalas (ADL) published its results for the year ended 30 April 2016, which showed that it was insolvent to the tune of $1.5 million after recording a net loss of $4,673,000.

Andalas: New Plans to monetise pie in the sky, its ramptastic news - placing ahoy!

2016-09-01 03:05:51

AIM Rule breaker Dave Whitby of worthless crock of Turkish, Andalas Energy (ADL) is now officially on a ramptastic rampage as he works out how to get a bailout placing away before the New Year in order to stave off bankruptcy in the early part of 2017. Surely it is only a matter of time before he does another interview with Justin the Clown and gets the full ramping crew from Vox Markets and Big Gib's Momentous Events into action. After all, folks are only 90% down from buying into the ramp last time. What could possibly go wrong?

Andalas Shares slipping ...the Countdown to the next bailout pacing is underway

2016-08-02 06:02:58

The last placing from Andalas Energy (ADL) was in April at 0.2p. As those punters who paid up to 1.3p suckered in by Dave "rule breaker" Whitby, disgraced ramper Big Gob, ooops sorry Big Gib, and Justin the Clown screamed in agony they must have thought things could get no worse. Au contraire...

Andalas - Spoof y'all: whens the next bailout placing?

2016-07-06 02:33:01

Dave "Rule breaker" Whitby and his colleagues at AIM Listed Piece of Turkish Andalas Energy (ADL) are on the spoof again with a ramptastic RNS saying nothing at all of of any interest whatsoever. Folks know Whitby's game and the shares are off at just 0.165p because what is really happening is the start of the ramping that proceeds a deeply discounted placing. Next up a soft interview with Zak "Judas" Mir, a podcast with Justin the clown or a presentation at a Proactive seminar? Perhaps a buy note from Edison? We have seen the Andalas ramp before and surely no-one is stupid enough to buy it again?

Don't be a Bulletin Board Moron - get free copy of new Tom Winnifrith book

2016-06-13 08:57:04

Get the new ebook by Tom Winnifrith out next week, 22 Mistakes ALL investors in shares must avoid (Don't be a Bulletin Board Moron). ORDER NOW FOR DELIVERY WITHIN 24 HOURS

Andalas Energy - Disgusting Greed, Cornhill, gaps in the AIM document & cash crisis looming

2016-05-14 07:23:58

I suspect that few of those idiotic enough to take part in the 0.2p £2.6 million placing by Andalas Energy (ADL) will have bothered to read as far as page 113 of the AIM readmission document. Prepare to be horrified.

Andalas Energy, who will take all the cash on the off chance this company works? Guess?

2016-05-06 05:41:19

For reasons that I have explained in full I really do thing there is more chance of me getting to shag Cheryl Cole this weekend than there is of Andalas Energy (ADL) ever being a cash generative beastie. But on the remote chance that Andalas does start to generate cash who do you think will benefit?. This will shock you.

Andalas - Damned by its own words - when's the next placing? A disgrace to AIM

2016-05-05 06:05:37

How many of the poltroons buying Andalas (ADL) shares at c 0.3p have actually read its AIM readmission document? Indeed I wonder, since only the congenitally moronic would be buying this stock, can they actually read at all? Maybe a grown up can help for the document is a shocker..

Andalas & the Clown: Don't mess with Major Tom..Ive heard a rumour, oh no don't say its true: 0.2p placing ahoy!

2016-04-26 01:20:49

Oh dear it seems as if the Andalas (ADL) Placing is not going to have Justin the Clown singing joyfully in the valleys. It is very bad news for Justin the clown, the top podcaster in the homeless Welsh Community, but I've heard a rumour from ground control, Oh no, don't say its true. As ever the late David Bowie is just so prophetic.

Andalas Energy: Where's the RNS? Justin the Clown now homeless thanks to rule breaker Whitby

2016-04-25 05:42:32

Anadalas Energy (ADL), the much ramped piece of Turkish, once called CEB Resources, and run by Dave "rule breaker" Whitby had until close of play on 22 April to publish a re-admission document or it should - if anyone gave a FF about the rules these days - have been booted off the AIM casino. It is now 25th April. There has been no RNS. So....

Breaking: Andalas: Crim Dave Whitby using Cornhill to try to raise £2 million at sub 0.55p - AVOID LIKE PLAGUE

2016-04-19 01:37:29

In a mad rush given that it could be booted off the AIM casino on Friday, Andalas Energy (ADL) is - according to my sources trying to raise £2 million at between 0.45p and 0.55p - that compares to 1.3p just prior to suspension. Rule breaking low life dirtbag CEO Dave Whitby has engaged  commission hungry/ethics light brokers at Cornhill to bring in the cash, promising them market beating commission plus warrants - a package worth several hundred thousand quid if they can stiff their clients and back this issue. For mug punters the maths just do not stack up.

Could Andalas Energy (aka dog CEB) be booted off the AIM Casino in two weeks time after raising the most expensive debt in AIM history?

2016-04-08 03:53:33

I am only asking but the much ramped Andalas Energy (ADL) formerly the much ramped CEB Resources has got two weeks to pubish an AIM readmission document or it will be booted off the AIM casino. It would be farewell to rule breaking ramper Dave Whitby, no great loss. 

Is Andalas (CEB Resources) already bust or just very close?

2016-01-26 04:50:16

Oh dear, things look utterly grim for the grotestquely over-ramped Andalas Energy (ADL) formerly CEB resources (CEB) - interims out today imply that it is now more or less bust and its shares remain suspended.

2011-08-13 23:56:26

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